Posted Dec 19, 2021, 6:00 AM
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Join Date: Jul 2005
Location: Miami
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MIAMI | St. Regis Residences (1809 Brickell Ave) | 630 FT | 47 FLOORS
St. Regis Condo
Address: 1809 Brickell Ave
Height: 48 and 47 floors
Developers: Related Group and Integra Investments
Architect: Robert A.M. Stern Architects
https://therealdeal.com/miami/2021/1...amis-brickell/
Quote:
Related, Integra plan two-tower St. Regis condo development in Miami’s Brickell
354-unit project with estimated $2B sellout will replace affordable housing development
The Related Group and Integra Investments are partnering to redevelop the waterfront site of an older affordable housing building in Miami into a pair of luxury St. Regis-branded condo towers, sources told The Real Deal.
The 354-unit condo Brickell development will be designed by Robert A.M Stern Architects, who designed skyscrapers that include 220 Central Park South and 30 Park Place in New York. Rockwell Group will design the interiors.
Miami-based Integra has owned the existing bayfront building at 1809 Brickell Avenue, formerly known as the Stanley Axelrod Towers, since 2014. It paid $14 million for the 17-story building, now called the George Humphreys Towers. It was built in 1966 on a property of over 3 acres.
The Department of Housing and Urban Development released the building from its affordable housing agreement this summer, records show. The Next Miami reported earlier this year that Related was targeting the building.
In its place, Related and Integra plan to develop the St. Regis Residences, Miami with an estimated $2 billion sellout, a spokesperson said. One Sotheby’s International Realty was tapped to handle sales following a bidding process, sources said.
Prices are expected to start at $2 million, and units will range from 1,300 square feet to 7,000 square feet, according to a release. The project will also have more than 55,000 square feet of amenities, including an indoor lap pool and a St. Regis Tea Room.
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