MIAMI | Development Thread

[GoldenDuskPhotograph]

Echo Brickell Reaches 32nd Floor

http://www.goldenduskphotography.com/blo...ckell-reaches-32nd-floor-of-construction

[GoldenDuskPhotograph]

Park Grove Going Vertical

http://www.goldenduskphotography.com/blog/2016/4/29/park-grove-going-vertical

[chris08876]

Project: 340 West 42nd Street

Higher Resolution rendering + schematics in the link below the rendering.


Credit: https://docs.com/the-next-miami/a99d507e-560d-42cb-b4d5-f316d8466abc/41ststreet

[chris08876]

Construction Update: Versailles Tower

PDF: https://www.scribd.com/doc/311616852/VersaillesContemporary-Brochure

[GoldenDuskPhotograph]

Biscayne Beach About To Top Off

http://www.goldenduskphotography.com/blog/2016/5/8/biscayne-beach-about-to-top-off

[chris08876]

Hallandale says yes to project with hotel, 500 condos, office tower

$250 million project calling for a 19-story hotel, 26-story twin condo towers and a 10-story office complex was approved by city commissioners this week.

The Hallandale Oasis development would rise on 10 acres along Hallandale Beach Boulevard east of Gulfstream Park. The land is currently home to a bank, office building and office park.

The developer, Romagnole Investment Properties, plans to demolish those buildings to pave the way for 500 luxury condos, a 200-room hotel, an office tower with retail shops on the ground floor and a two-story building with restaurants and shops.

A smaller 5-acre project proposed by a different developer in 2006 was waylaid by the Great Recession, said Steve Geller, attorney for Romagnole.

===========================
http://www.sun-sentinel.com/news/fl-hallandale-oasis-project-20160504-story.html

[chris08876]

Project: Sweetbird South




=========================
https://www.scribd.com/doc/312005402/Sweet-Bird-South

[chris08876]

"Prive" Video Construction Update:

Just want to note that you can see Porsche Tower also and Jade Signature (In the beginning). Pause at 0:02 to see Jade Signature (on the barrier island)
• Video Link

[chris08876]

There is a really big rendering of One River Point here: http://www.oneriverpointsales.com/wp-content/gallery/one-river-point/ORP-22.jpg (4400x6000)

And a smaller, but still cool shot.

More shots in the gallery section can be found here: http://www.oneriverpointsales.com/gallery/

[bobdreamz]

^ This is going to be one of the most exciting projects along the Miami River @ 282.9 meters | 928 feet and 60 stories !
At another 56 feet taller it would be Miami's first Super tall over 300 meters!
Ugh !

[BrandonJXN]

Why is it so hard for Miami to build a supertall? Always build towers in the 850 - 950 foot range.

[bobdreamz]

Originally Posted by BrandonJXN

Why is it so hard for Miami to build a supertall? Always build towers in the 850 - 950 foot range.

Brandon? The FAA restricts Miami's height limits for Supertalls hence the following map :


http://farm9.staticflickr.com/8218/8284171833_7baab90044_b.jpg

Miami International Airport & it's runways sit less than 5 miles due west of downtown Miami / Brickell.

[BrandonJXN]

So theoretically, Brickell is the only area that we can expect a supertall to rise?

[bobdreamz]

Originally Posted by BrandonJXN

So theoretically, Brickell is the only area that we can expect a supertall to rise?

Well it's 8 streets in the CBD/ downtown area east of Miami Avenue + plus a mile south of it in Brickell Financial district so far.

[bobdreamz]

Miami World Center
Cranes Arrive To Begin Work On World Center’s 7th. Street Apartments
By TNM Staff on May 16, 2016

At Miami Worldcenter, heavy construction equipment has arrived on the 7th Street Apartments lot.

Work is about to begin there to build a 450 unit apartment tower on the lot that formerly housed the Grand Central Nightclub, known as Block G. It sits across from the Marriott (Miami Arena) site.

An adjacent tower is also planned with 413 units.

When completed, the east tower will top off at 43 stories or 443 feet, with the west tower at 40 stories, or 413 feet. The highest point will be 478 feet above ground.

Looking SouthEast :

http://i.imgur.com/kwNX9n2.jpg

L. to R. : the Biscayne Wall , AA Arena , the FEC Rail line which is a spur from the AAF / BrightRail Line to the Port of Miami & the Freedom tower peeking on the right :


http://i.imgur.com/GBvB7a1.jpg

Site looking towards the West & the Brightline station U/C :


http://i.imgur.com/MvYOTMI.jpg


http://i.imgur.com/m9xt3WJ.jpg

Miami World Center Aerial rendering :


http://i.imgur.com/FaKSVcC.jpg

http://www.thenextmiami.com/cranes-arrive-begin-work-worldcenters/

[bobdreamz]

Swire Properties Chief Excited About Future Phases Of Brickell City Centre
By TNM Staff on May 17, 2016

As Brickell City Centre’s first phase nears completion, the developer of the project is quick to point out that there are “follow on exciting stories” to come in future phases.

At an analyst meeting last week, Swire Properties Chief Executive Guy Bradley wanted investors to know that “there is a phase 2, and potentially future phases.” The next phases are “not small” and “can continue the transformational story.”

The second phase is about 1.4 million square foot, he said. It will include office, residential, hotel and retail space in an 1,040 foot - 80-story tower.



from swire’s presentation last week:



http://www.thenextmiami.com/swire-properties-chief-excited-second-phase-brickell-city-centre/

Bradley said that another potential future phase is a 523,000 square foot condo building, about the same size as the Rise and Reach condo towers that have already been completed.

[N830MH]

Hi All,

Aventura Mall expansion website is up!

http://aventuramall.com/visit/expansion

If the entire website doesn't work. You have to do refresh button and then you can see it.

[chris08876]

Midtown 6 Rendering:

MIAMI, FL – May 23, 2016 – Magellan Development Group and Midtown Development, the same joint venture behind Midtown 5, are bringing another addition to Midtown Miami with the development of Midtown 6, a 32-story luxury mixed-use building.

Midtown 6, originally planned as a tower of 398 condo units in the previous cycle, will feature 447 residential units as well as ground floor retail, following the success of existing retail on Midtown Boulevard.

“We’re looking forward to another successful collaboration with Magellan Development and setting a new standard for luxury apartments in South Florida,” said Alex Vadia, Principal of Midtown Development, the development affiliate of Midtown Opportunities.

Magellan Development Group and Midtown Development are currently developing Midtown 5, a new mixed-use addition to Miami’s Midtown. When complete, it will have 400 luxury apartments, retail and office space. Construction is expected to be completed by end of year 2016. Midtown 5 topped off in April 2016.

Midtown Development is the development affiliate of Midtown Opportunities, a real estate investment company that purchased 22-acres in Midtown Miami in December of 2010. Magellan Development Group is Chicago’s premier real estate development company, responsible for the architecturally iconic Aqua tower in downtown Chicago. Similar design elements of this iconic Chi-town building are present in the design of Midtown 5 and can be seen in its undulating façade with a sculptural quality. Magellan Development Group will break ground this summer on the Wanda Vista, positioned to be Chicago’s newest luxury high-rise and third tallest building in the city.

Designed by Chicago-based bKL Architecture, Midtown 6 is slated to break ground in 2017.

=======================
NXT

[bobdreamz]

Japanese firm makes major investment play with $220M purchase of Miami Tower
May 24, 2016 12:00AM
By Sean Stewart-Muniz


Miami Tower



UPDATED May 24 11:59 a.m.:

In one of South Florida’s biggest investment plays so far this year, a Japanese firm has paid $220 million for the iconic Miami Tower in downtown Miami. County records show a fund controlled by Chicago’s LaSalle Investment Management transferred the air rights of the office tower at 100 Southeast Second Street to an affiliate of the Sumatomo Corporation of Americas, in what is a precursor to an outright property transfer.
Though no monetary amount was attached to the lease, The Real Deal calculated its document tax to the $220 million closing price. Sources close to the deal have confirmed both the closing price and the sale details.
LaSalle paid $105 million for the famous tower in 2010.

At 47 stories, it’s Miami’s eighth-tallest building and one of its most recognizable amidst a rapidly changing skyline.
At night, the building’s $1.5 million LED system lights up the tower in myriad colors depending on the holiday or occasion.
The tower was designed by noted architect I.M. Pei.

Commercial brokerage HFF represented LaSalle for the sale. With 600,000 square feet of office space, this most recent purchase breaks down to nearly $367 per square foot. According to data from the CoStar Group, Miami Tower was 92 percent leased at the time of sale with asking rents ranging from $38 to $52.50 per square foot on an annual basis.
Sumitomo Corporation of Americas is the Western Hemisphere division of Sumitomo Corp., a multinational trade company based in Japan. The company is no stranger to Miami real estate: it sold Miami Center, another well-known downtown office building, to Crocker Partners for $265.2 million in 2012.

Requests for comment to LaSalle and Sumitomo were not immediately returned.
- See more at: http://therealdeal.com/miami/2016/05/24/...ase-of-miami-tower/#sthash.Iju2vFSH.dpuf

[bobdreamz]

By TNM Staff on May 24, 2016

Apartment developer ZOM is planning another project in Brickell.

It will be located on a 1.27 acre assemblage at the corner of Southwest 12 Street and Southwest 2nd Avenue. On the opposite corner, Monogram Residential’s 418-unit SoMa at Brickell was recently completed.

The new project will include 262 units. ZOM has already clinched utilities for the development.

Other projects that ZOM has underway in the area are all rentals. They include:

Monarc at Met 3 – 32 stories, 462 units (opened April 2016)
Solitair Brickell – 50 stories, 438 units (under construction)
Avant at Met Square – 43 stories, 391 units (under construction)
Luma at Miami Worldcenter – 44 stories, 429 units (construction expected soon)


http://i.imgur.com/FhTCXxn.jpg

http://www.thenextmiami.com/zom-getting-approval-build-another-262-units-brickell/