Posted Jun 17, 2022, 1:11 AM
|
 |
NYC/NJ/Miami-Dade
|
|
Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 47,054
|
|
JDS Development Group Lands $86 Million In Financing For 64-Story Mixed-Use Development At 1 Southside Park
Quote:
New York and Miami real estate developer JDS Development Group (JDS) announced that it has secured an $86,000,000 acquisition and construction loan from New York-based Maxim Capital Group for 1 Southside Park, a two-towered 64-story block-sized mixed-use development underway in Brickell, Miami. This transformative project is designed by a world-class design team from SHoP Architects with ODP Architecture & Design as the architect of record, residential interiors by Krista Ninivaggi of Woods Bagot, hotel interior design by Rockwell Group and landscaping by James Corner Field Operations. 1 Southside Park will comprise 1,175 residential rental units, 190,000 square feet of premier office space, a 200-key Treehouse Hotel, 10,000 square feet of retail space, and 1,400 parking spaces.
1 Southside Park will introduce a new kind of thoughtful and imaginative urban experience to Miami, a destination for residents seeking long and short-term rental options, for travelers seeking a local hangout, for workers seeking a fully amenitized offering, and for locals and residents alike seeking the best in health and wellness services. The project will include the first Treehouse hotel in the United States, with multiple food and beverage outlets, and vibrant public arenas. As part of the Brickell Rapid Transit Zone, the project will enhance access to public transportation, provide direct connection to the Underline’s Brickell Backyard, revive and reinvigorate Southside Park.
The SHoP-designed tower is envisioned as a series of stacked and shifted volumes that purposefully breakdown its scale. Each level is carefully designed to create both form and function for the multi-use structure: residential, hotel, microunits, office, and wellness. At the center of the building’s ground floor is a pedestrian paseo that consciously connects pedestrians from Southwest 2nd Avenue to Southside Park. The paseo is framed by the new ground floor lobbies and café space.
“1 Southside Park’s thoughtful, dynamic design serves as an exemplar for how we can design and develop in dense urban centers,” said Michael Stern, Founder and CEO of JDS Development Group. “We look forward to going vertical in the near future for this multifaceted project.”
Back in February 2022, JDS filed applications with the Federal Aviation Administration for permits to build both towers. The end754-feet, or 766-feet above sea level, and 708-feet, or 720-feet above sea level,
Plaza Construction is the general contractor. Vertical construction is expected to commence later this year.
|
==================
FLYIMBY
|
Prev
Linear Mode
