MIAMI | One River Pointe | 788 FT | 2 X 60 FLOORS

[chris08876]

Lower height than expected.

MIAMI | 400 South Miami Ave | 779 FT | 60 FLOORS


Viñoly’s Miami River Project Submitted To City Officials For Review

KAR Properties has submitted plans to Miami’s Planning Department for Miami River.

The plans, prepared by architect Rafael Viñoly, call for twin 60-story towers, connected at the top. The lower portions of the tower will be dedicated to condo use, while the upper floors wil be a mix of commercial, lodging, and residential use. The towers top off at a height of 779-feet.

Five condos are located on each floor between levels 7-46 in the two towers. Units are to be accessed by a common hallway, rather than by private elevator.

Levels 56-59 are connected at the top, and are accessible by express elevators running along the exterior of the towers. A mix of commercial (likely restaurant) and residential space is planned there, along with 20 hotel units.

In total, the project will include 402 residential units, 58,063 square feet of commercial space, and 516 parking spaces. The developers are modifying a MUSP previosuly approved for the site, and have requested review by the UDRB at a meeting tomorrow.

Boston’s Sasaki Associates is the landscape architect.

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http://www.thenextmiami.com/index.ph...ls-for-review/

[Zapatan]

Can't complain about two new 779 foot towers with a cool skybridge!

Miami can't really seem to break the ~250 meter barrier though...

[UrbanImpact]

Originally Posted by Zapatan

Can't complain about two new 779 foot towers with a cool skybridge!

Miami can't really seem to break the ~250 meter barrier though...

There's height restrictions due to the airport flight path being over downtown.

[Zapatan]

Originally Posted by UrbanImpact

There's height restrictions due to the airport flight path being over downtown.

I thought the height limit was still over 1000 though?

[chris08876]

Originally Posted by Zapatan

I thought the height limit was still over 1000 though?

Not necessary. Just has to go through the FAA. But anything in the direct flight path like Brikell will be scrutinized heavily.

[chris08876]

Developer Of Twin Miami River Towers Spending $6.2 Million To Add Density

Kar Properties will pay $6.2 million to purchase additional development rights for their proposed 60-story twin tower project on the Miami River, a representative of the developer told a review board last month.

The purchase will allow for an additional 480,000 square feet to be built on the top 24 floors of the towers. The cost of the additional rights works out to be about $13 per square foot. Instead of purchasing those rights from the city, the developer is considering buying TDRs from a historically designated site, or they may just invest that amount in public benefits.

Plans were reviewed by the Miami River Commission subcommittee last month. Board members were interested in capturing the public benefits, with the possibility of further expanding the river walk.

Regardless of the outcome of that investment, a public riverwalk is required to be built behind the towers, and the developers intend to go further and exceed the setback requirement. The riverwalk will also be fronted by a 3-story, 30-foot tall waterfall.

Kar’s twin towers will be part of the gated Riverfront community. Guests who enter the development are stopped at a security gate and have their destination and license plate noted.

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http://www.thenextmiami.com/index.ph...o-add-density/

[chris08876]

Crisper Renderings and Diagrams:













Turn thy head to the left:



Or download, and rotate.

Credit: http://www.scribd.com/doc/264195321/karmr

[AR Miami]

Any updates?

[bobdreamz]

That 30 foot waterfall is going to look nice in front of the Miami Riverwalk.

[chris08876]

Originally Posted by AR Miami

Any updates?

This is still in the design stage. What we see in the renderings could look slightly altered as its being tweaked.

[N830MH]

Originally Posted by UrbanImpact

There's height restrictions due to the airport flight path being over downtown.

Yeah! You may be right. Due to height restrictions. They won't allowed it. They have to be reduced the height. Make a lower!!

Originally Posted by Zapatan

Can't complain about two new 779 foot towers with a cool skybridge!

Miami can't really seem to break the ~250 meter barrier though...

I can't agree with you anymore! I can't complain about a new towers. I cannot not imagine that.

[chris08876]

As waterfront land dries up, developers rush to Miami River

The Miami River — once a polluted, industrial backwater known as a favored route for smugglers — is today teeming with developers who want to build on what is practically the city’s last remaining waterfront land.

“It’s the new waterfront for Miami,” said Nelson Stabile, a principal at the developer Integra Investments, which invested in two vacant river lots during the recession and flipped them at a profit of more than $21 million last year. “If you want to be near the urban core of Miami, it’s becoming impossible to find waterfront properties.”

Near the delta where the river meets Biscayne Bay, developers plan to build ultra-luxury condo towers with units at multimillion dollar price points rivaling waterfront Brickell and Miami Beach. Further inland, large mixed-use projects and rental buildings are being designed for locals amid the boatyards, shipping terminals and bait-and-tackle shops of what has long been a “working” river.

The latest residential project, called One River Point, is an ambitious venture to bring ultra-luxury living as far west on the river as it has ever been. The project’s two 60-story towers will be designed by internationally known architect Rafael Viñoly

Shahab Karmely, founder of New York-based KAR Properties, paid more than $60 million last year to assemble three vacant parcels on the river’s north bank west of the Miami Avenue Bridge near the existing Mint, Ivy and Wind condo towers.

Compared to other global cities including New York, London and Hong Kong, land in Miami is still cheap, even if it may not feel that way to local developers, Karmely said.

The 350 units at One River Point, Karmely said, will rival those on the beach for luxury and design with 10- and 12-foot ceilings, large terraces that are one-third to one-half the size of the unit’s interior, and views spanning the river, bay and city skyline.

They will range from $850,000 to $12 million, with penthouses priced even higher. Units will start at $850 per square foot — higher than the average price in Brickell for new construction (about $620 per square foot) but slightly lower than the $870-per-foot average price in Miami Beach.

“The old view was that if it’s luxury, it has to be on the sand,” Karmely said. “But today, luxuries are urban. We are moving Miami’s center of gravity to the west.”

The towers will include the amenities that have become standard for Miami’s wealthiest residents: poolside café with butler service, private club with a media room and cigar lounge, and building concierge.

Private elevator landings and a robotic parking garage are also planned, along with an 85-foot waterfall near the site’s public riverwalk. The project, which has an address at 24 SW Fourth St., is scheduled to open in 2018.

One River Point’s second phase, on two lots set slightly back from the river, are slated to include a hotel, less-expensive condos, rental apartments and retail.

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ttp://www.miamiherald.com/news/business/biz-monday/article23356026.html#storylink=cpy

[chris08876]

Developer Takes Linear Approach to Miami Park

When River Landing Shops and Residences is completed in 2018, the development west of downtown Miami will bring more to the city than just another apartment building and shopping mall. The $300 million project will include an 850-foot linear park.

In a city bereft of green space, residents hope the River Landing park will become part of a trend that lifts Miami’s lowly ranking when it comes to public parkland.

In 2014, Miami ranked 95th out of 100 cities for park acreage by the Trust for Public Land, with 3.5 acres of parkland per 1,000 residents, or 1,442 acres total. In comparison, San Francisco has 5,693 acres and New York City has 39,006 acres of parkland.

One of the easiest ways to add green space is with linear parks, which are long, narrow greenways that follow either a natural corridor, such as a riverfront, or traverse a man-made feature like a railroad right of way, according to Ed McMahon, a senior resident fellow for the Urban Land Institute. He said linear parks are becoming popular for several reasons.

The most popular form of outdoor recreation in the U.S. is walking, which is creating demand for linear parks. And the parks offer more of an “edge” that touches people than square or rectangular parks, which have less linear footage, Mr. McMahon said. Developers interested in the adaptive reuse of areas like utility corridors, abandoned rail lines and bridges are driving the trend as well.

“Monuments and parks have a transformative effect on a city as gathering places, cultural places or as places where people who live and work in an urban environment have an oasis,” said Kenneth M. Krasnow, managing director of the South Florida operations of commercial-real-estate firm CBRE Group Inc.
The inspiration for River Landing’s linear park comes from New York’s High Line, an elevated public park on Manhattan’s West Side that was built atop an abandoned freight rail line. Since it opened in 2009, the High Line has been wildly popular with residents and tourists.

“When we were deciding what to develop here, we had just been in New York and walked the High Line,” said Andrew Hellinger, manager of River Landing Development LLC, who, along with partner Coralee Penabad, is developing River Landing. “We liked the concept, an open environment among the concrete structures.”

River Landing will include 426,000 square feet of retail space, 475 apartments and the 50-foot-wide linear park, which will be landscaped with native plants and will give residents and visitors easy access to the Miami River to enjoy waterfront restaurants and shopping.

Studies have demonstrated a correlation between walkability and property values. According to data firm Real Capital Analytics, prices for commercial properties in highly walkable locations, such as those abutting linear parks, show significantly greater appreciation trends than car-dependent locations. The findings cut across the office, retail and apartment sectors and reflect premiums in both rents paid by tenants as well as the increasing demand from investors who recognize the long-term value of walkability.

The creation of linear parks is deemed to be so vital to downtown Miami that a public-private group is campaigning for the creation of a public linear park through the Edgewater neighborhood. The Biscayne Line, which will span 3 miles in Edgewater, will include benches, art and shade trees and, when completed, pedestrian accessibility across the entire neighborhood.

“There is a misconception that public space detracts value from property so that if you own the waterfront and are the only one to use it, your property is worth more,” said Carlos Rosso, president of the Condominium Development Division of the Related Group in Miami, who is spearheading the Biscayne Line initiative along with Related Chairman Jorge M. Perez, Miami City Commissioner Marc Sarnoff and architect Bernardo Fort-Brescia. “I think it’s the other way around. In cities like Vancouver or Seattle, properties with a public linear park are worth a lot more.”

Shahab Karmely, founder and chief executive officer of New York-based KAR Properties, the developer of One River Point along the Miami River, a 350-unit high-rise condominium with prices from $800,000 to over $12 million, said the location and an adjoining linear park “drives up our pricing by a minimum of 15 to 20 percent.”

The project will include 317 feet of linear park space along the river that will feature pavers, seating, lighting, Wi-Fi, a riverside cafe, native trees and plants and an 85-foot-tall waterfall that will cascade off the side of the building. He said he elected to increase the setback of the project to allow for a wider promenade along the Miami River.

“A linear park is part of the urban fabric that almost imperceptibly can work its way into your daily routine because it goes from point A to point B,” said Mr. Karmely. “We view the Miami River in the same context as London’s Thames, Paris’s Seine or Tokyo’s Sumida.”

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http://www.wsj.com/articles/develope...ark-1435683414

[chris08876]

Credit: http://www.goldenduskphotography.com...ami-river-site

[chris08876]

The new look of luxe: Out-of-town buyers reshape real-estate design in Miami

[...]

Security is another concern for out-of-towners spending more time in Miami, particularly those who come from countries where robberies and kidnappings are common. “You don’t want to be living in a prison cell, but you do want to be safe,” said Shahab Karmely of KAR Properties. KAR is developing two ultra-luxury towers on the north bank of the Miami River near the the Miami Avenue Bridge called One River Point. Units start at $850 per square foot.

Karmely said that the building’s elevators will only take residents to their specific floor after scanning their faces with biometric identification software or reading a key card. The building will have a dedicated 24-hour security room and vaults for art and valuables. Building staff members will also carry key cards equipped with radio technology that show their locations to security workers at all times.

[...]

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http://www.miamiherald.com/news/busi...e28786780.html

[bobdreamz]

One River Point Granted Approval, Will Include Biometric Security Features
By TNM Staff on July 28, 2015

Miami’s Planning and Zoning Department granted approval last week for the Rafael Viñoly-designed One River Point towers in downtown Miami.

As with most MUSP modifications, approval came relatively quickly,
just two months after plans were submitted. Developer KAR Properties
is modifying a Major Use Special Permit that another developer had
obtained in 2004 to build the Cima condo tower on the site.
Ugo Colombo’s recent modification of the Brickell Flatiron MUSP was approved in three months (although that approval was briefly challenged.)

One River Point will boast high-tech security features that appeal to those who come from countries where robberies and kidnappings
are more common,the developer told the Herald.
The elevators will be equipped with biometric scanners that will take residents to their floor after confirming their identity by scanning their faces.
Sensors will track the location of employees working in the building,
who will be required to carry radio-equipped key cards at all times. The building will also have a dedicated,
24-hour security room, along with vaults where residents can store art and other valuables.

The twin towers at One River Point will each rise 60 stories, or 779-feet.
Units will be among the most expensive in downtown Miami, with prices starting at $850 per square foot.
A total of 350 units will be offered at prices that start at $850,000 and go up to $12 million.



http://www.thenextmiami.com/index.ph...rity-features/

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Mods we need to change the thread title to One River Point | Twin 60 stories | 779 ft. | 237 m

[chris08876]

There was a recent flurry of FAA approvals. This being one of them.

Other include 2000 Biscayne and Liquid Lofts.

[bobdreamz]

Viñoly’s One River Point Gets FAA Approval, Will Launch Sales On September 10.
By TNM Staff on August 27, 2015

One River Point was approved this week by the FAA and will launch sales within two weeks.

Uruguayan architect Rafael Viñoly’s design for the twin towers calls for a height of 928 feet above ground, or 933 feet above sea level. That is taller than any other completed or under-construction residential tower in Miami.

Developers told Argentina’s Infobae that worldwide sales will launch on September 10, 2015 at a real estate showcase in Shanghai, with other events planned in Asia, Europe and the Middle East. Prices will range from $850,000 to $12 million.

Completion is scheduled for mid-2018.



http://www.thenextmiami.com/index.ph...-september-10/

There seems to be a discrepancy between the heights approved for by the city & what the FAA has approved according to this article.

[chris08876]

Credit: http://www.miamitodaynews.com/2015/0...rry-neighbors/

[chris08876]

Haven't seen this rendering before:


TRD