MIAMI | Canvas | 122 M / 400 FT | 36 FLOORS

[chris08876]

With 37 stories and 403 feet in height, the building will be built on a total of 47,731 square feet of land with a specific address of 1630 NE 1st Avenue , Miami . Max Miami is a 37 story mixed use (commercial/ residential) multifamily high-rise building. It is centrally located in the City of Miami, Miami-Dade County, Florida. The development includes a residential tower constructed on a parking garage / commercial structure. It will consist of 536 residential apartments units, 10,000 square feet of commercial area, and 650 parking spaces.

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By: exMiami Staff
February 26th, 2014
http://www.exmiami.org/index.php/max...idential-tower

[chris08876]

Renderings:

MAX Miami

36 stories
536 Residential units
9th floor amenity area and pool
Residential parking
Location: North Miami

Project Team

Developer: Undisclosed
Architect of Record: CFE Architects

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http://www.cfearchitects.com/portfolio/max-miami/

[dc_denizen]

^ Astounding to see all of that buildable land surrounding this proposal, but I'm sure most of those lots are earmarked for development?

[BrandonJXN]

^ I was going to say. Hopefully, this will help spur development in that area.

[bobdreamz]

Well the striped building on the upper right side with connecting sky bridges is the headquarters of the Miami-Dade county school system and I think they own the surrounding properties. If you look closely at the bottom left that is the rail road tracks for the future All Aboard Florida trains service heading towards downtown.
As for the "empty" lots immediately to the left of this project is actually the Miami City cemetery which is the oldest one in the city. I wonder who is going to buy the North facing units over looking a graveyard.

[wpolom]

Originally Posted by chris08876

Renderings:







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http://www.cfearchitects.com/portfolio/max-miami/

One Biscayne Tower with balconies.

[chris08876]

Former Max Miami project revamped by new owner

The former Max Miami mixed-use development in the city’s Omni area is being repositioned as a residential project.

Max Miami, a proposed 31-story tower with residences, a hotel, offices and restaurant and retail space, was scuttled when the real estate market began to decline in 2007. Original developer Prema LLC eventually filed for bankruptcy, paving the way for the 1.1-acre site at Northeast 16th Street and First Avenue to be auctioned off. New owner NR Investments filed revised plans for 513 residential units and 10,000 square feet of commercial space with the city last week.

The city’s Omni Midtown Community Redevelopment Agency is slated to review the new project proposal on Wednesday, according to the Daily Business Review. NR could potentially receive a $7 million subsidy over 15 years. If approved, the subsidy would take the form of an annual rebate on the increased property taxes collected from the project site.

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June 11, 2014
http://therealdeal.com/miami/blog/20...-by-new-owner/

[chris08876]

Reduced Unit Count: Originally was something like 30 more in the original proposal. Nevertheless, its still over 500 units:
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[...]

The 37-story building is expected to cost at least $100 million and will include 513 residential units along with ground floor retail.

[...]

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June 11, 2014
By exMiami Staff
http://www.exmiami.org/index.php/cra...-aid-max-miami

[chris08876]

Sales Underway At Canvas, Formerly Max Tower

Just weeks after being granted a CRA subsidy, sales are now underway at the 36-story Canvas Tower.

Last month, the Omni Community Redevelopment Agency approved a subsidy to developers Ron Gottesman and Nir Shoshani that could be worth 9 million dollars.

The project was formerly known as Max Tower. It will include 513 residential units along with ground floor retail.

Units range in size from 620 to 1,110 square feet, with prices from from the low $200,000s to $400,000.

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http://www.exmiami.org/index.php/sal...rly-max-tower/

[chris08876]

The Project received a rename, unit reduction, and a floor reduction. Units reduce was only 30 or so. It was very low:

MIAMI | Canvas | 400 FT | 36 FLOORS

• Video Link

[chris08876]

Miami board OK with Canvas design

NR Investments now has the green light from a City of Miami board to build a 37-story residential tower in the Omni area.

Miami’s Planning and Zoning Board unanimously approved design changes for Canvas, a 403-foot condominium that NR Investments principals Nir Shoshani and Ron Gottesmann intend to build at 1630 NE First Avenue, during Wednesday’s meeting. Canvas plans calls for 513 residences ranging from 620 to 1,120 square feet and 9,925 square feet of retail and 588 parking spaces.

Miami commissioners approved a subsidy package for Canvas last month. Under the deal, NR Investments could receive up to $9 million—or $750,000 a year—in property tax rebates from the Omni Community Redevelopment Agency.

To obtain the entire subsidy, NR Investments must spend at least $100 million constructing Canvas, invest another $2 million in sidewalk and street improvements near the site and make sure more than 30 percent of its construction workers live in Miami — preferably within the Omni area. The developer also must begin construction by June 2015 and substantially complete the project by January 2017.

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July 17, 2014
http://therealdeal.com/miami/blog/20...canvas-design/

[chris08876]

Plans For Canvas Tower Submitted To FAA; Sales Center To Open Next Week

Developers of the 36-story Canvas Tower have submitted their plans to the FAA for review.

Canvas is slated to rise to a height of 548 feet above sea level, or 528 feet above ground.

The 513-unit project is the beneficiary of a $9 million subsidy from the Omni Community Redevelopment Agency. Construction is scheduled to begin in March.

A pre-construction sales center designed by Urban Robot Associates will open next week.

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http://www.thenextmiami.com/index.ph...pen-next-week/

[chris08876]

Official Project Site is up: http://www.canvascondos.com/

[chris08876]

• Video Link

[chris08876]

Canvas condo developer commits to project with big payment to Miami

Nir Shoshani said his company is fully committed to building Canvas, the largest condominium project in Miami's Omni/Arts and Entertainment district, and he's written a large check to prove it.

NR Investments, led by Shoshani and Ron Gottesmann out of Miami, recently cut a $4.85 million impact fee payment to the county, city, water department and utilities as a condition for its 1 million-square-foot project. The county demands all the impact fees up front, so Shoshani said this payment shows the developer is ready to move forward with the building at 1630 N.E. 1st Ave.
"That is what we see as the commitment phase of the project," Shoshani said.

He started pre-sales in October and hopes to break ground in July. Construction will take about two years.
Canvas will have 513 units, ranging from 600 square feet to 1,150 square feet. The prices average $475 per square foot.

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http://www.bizjournals.com/southflor...-with-big.html

[chris08876]

New Renderings:








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Credit for Renderings: http://www.constecrealty.com/miami-b...to-gallery.php

[chris08876]

Canvas nabs $75M construction loan, now converting to contractsr

Canvas, a 513-unit condominium tower planned for Miami’s Arts & Entertainment District, has secured a $75 million construction loan and will begin converting reservations to contracts, The Real Deal has learned.

The proposed 37-story building is now 39 percent reserved, Ron Gottesman, co-founder and principal of Canvas developer NR Investments told TRD. He declined to name the project’s lender, because the closing is still pending.

Canvas, at 1630 Northeast First Avenue, is aimed at the “affordable luxury,” segment of the market, with prices averaging $475 per square foot. Units will range from about 600 square feet to 1,150 square feet, and average 850 square feet, said NR Investments co-founder and principal Nir Shoshani.

“Canvas is the most accessible product on a per-square-foot basis in Miami’s downtown Brickell area,” Shoshani told TRD. The building, which will include a restaurant by Kevin Aoki — son of Benihana founder Rocky Aoki — is targeting the 30-to-45 year-old sub-market, the developers said, Fortune International Realty is the exclusive sales and marketing firm for the project.

Since sales began in October 2014, more than 200 units have been sold, with 40 percent to domestic buyers and 6 percent to Chinese buyers, Gottesman told TRD. Buyers also hail from Colombia, Brazil, Argentina, Venezuela, France and Germany, he said.

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http://therealdeal.com/miami/blog/20...-to-contracts/

[chris08876]

This will break ground in December. 2017 opening.








Credit: https://www.buzzbuzzhome.com/canvas-..._exterior2.jpg

[chris08876]

Credit: NXT

[bobdreamz]

next to the Arsht Center of the Performing Arts :


http://www.constecrealty.com/img/bui...i-condo-11.jpg

The Melody tower that is now topped out :


https://farm6.staticflickr.com/5785/...99741db0_k.jpg