MIAMI | Development Thread

[chris08876]

Property in Miami’s Edgewater sells for 74% premium

The 43,133-square-foot site at 3333 Biscayne Blvd. and 32 N.E. 34th Street, which includes a 3,293-square-foot Wendy’s restaurant, was sold for $12.5 million by Miami-based BE 33 LLC. The seller, managed by Irene Arditi, paid $7.2 million for the property in 2006.

In August, the company paid $2.2 million for 11,500 square feet of vacant land behind the Wendy’s.

The area has approvals for mixed-use development of up to 16 stories.

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Sep 17, 2014
http://www.bizjournals.com/southflor...html?full=true

[GoldenDuskPhotograph]

FAA Approves Brickell Bayview Center

http://www.goldenduskphotography.com...n-light-by-faa

[chris08876]

PDF For Miami Central Project: http://www.scribd.com/doc/240575603/mcb2

Renderings, mass models, information on traffic routes, plans, rail information, maps, ect.

[GoldenDuskPhotograph]

Updated Brickell City Centre Photos - Day & Night

http://www.goldenduskphotography.com...otos-day-night

[chris08876]

Interesting read:
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Developers propose 24 new condo towers in last month

South Florida’s current condo boom is ramping up in preparation for the approaching winter buying season, when visitors from around the world have historically descended upon the tri-county region.

In the last 30 days, developers have announced plans to build an additional 24 new towers with more than 3,200 units for sites east of I-95 in Miami-Dade, Broward and Palm Beach counties, according to the preconstruction condo projects website CraneSpotters.com. (For disclosure purposes, my firm operates the website.) Developers were most active in Broward, where they announced plans for nine new condo towers with more than 2,000 units. An additional eight new towers with nearly 600 units were proposed in Palm Beach. Developers announced seven new towers with more than 600 units in Miami-Dade.

With the newly announced projects, developers have now proposed 180 towers with more than 28,250 units in Miami-Dade, 56 towers with nearly 6,500 units in Broward and 44 towers with more than 3,600 units in Palm Beach. Overall, developers have now proposed 280 condo towers with nearly 38,350 units for sites located east of I-95 in South Florida as of Monday.

By comparison, developers created more than 245 condo towers totaling nearly 49,000 units in South Florida’s seven largest coastal condo markets during the previous boom that began in 2003, according to an analysis of government records. News of the two-dozen new South Florida towers comes at a time when buyers purchased nearly 450 preconstruction condo units in the last month, according to the latest Developers Price Survey for September from CraneSpotters.com. Buyers were the most active in Miami-Dade, acquiring more than 400 preconstruction units within the last month.

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September 23, 2014
http://therealdeal.com/miami/blog/20...Latest+News%29

[chris08876]

‘Megamind Of Miami’ Building Intimidating-Looking Headquarters On Biscayne Boulevard

Bruce Berkowitz’s Fairholme Capital will probably have the coolest offices in Miami.

Fairholmes’ new headquarters will be housed on the upper floors of a windowless, inverted pyramid that will be built at 2626 Biscayne Boulevard, according to plans obtained exclusively by exMiami.

A museum will also be included in the building, with the ground and second level devoted to gallery space. Parking will be buried below grade.

The building might look ominous to passerby, but the interiors will be full of light. A mechanized sunlight system is planned for the roof, regulating natural light during the day. Inside, a massive, LED-lit aluminum sculpture created by James Turrel will be suspended from the roof of the building.

Fairholme’s office area will be open to the gallery below, and will include a kitchen with a wine cellar, a living area, a ‘sky room’, and a large terrace overlooking Biscayne Boulevard.

Artist Richard Serra is designing a 216-foot cortex steel sculpture for the plaza. Arquitectonica is handling architecture and landscape design.

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http://www.exmiami.org/index.php/meg...yne-boulevard/

[GoldenDuskPhotograph]

1100 Millecento Almost Complete

http://www.goldenduskphotography.com...ruction-photos

[bobdreamz]

Originally Posted by GoldenDuskPhotograph

1100 Millecento Almost Complete

http://www.goldenduskphotography.com...ruction-photos

The building looks fantastic in your link especially with the Metromover tracks running alongside it.

[bobdreamz]

Originally Posted by chris08876

‘Megamind Of Miami’ Building Intimidating-Looking Headquarters On Biscayne Boulevard



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http://www.exmiami.org/index.php/meg...yne-boulevard/

This building is going to look foreboding on Biscayne Boulevard without windows! Way to bulky and designed by Arquitectonica?



Source: http://i.imgur.com/q5U22ss.jpg

[GoldenDuskPhotograph]

Skywalk Added Over South Miami Ave For Brickell City Centre

http://www.goldenduskphotography.com...ll-city-centre

[bobdreamz]

^ Looks there are two skywalks then. One over SW 7th. Street & the other over S. Miami Avenue.

[GoldenDuskPhotograph]

Originally Posted by bobdreamz

^ Looks there are two skywalks then. One over SW 7th. Street & the other over S. Miami Avenue.

Yup, the one over 7th St. was added a little over a month ago.

[GoldenDuskPhotograph]

Photos of Oceana Key Biscayne. The ninth completed condo in South Florida since the second construction boom.

http://www.goldenduskphotography.com...na-keybiscayne

[IMG]Oceana Key Biscayne by viper1165, on Flickr[/IMG]

[bobdreamz]

Developer Plans 17 Edgewater, A 40-Story Rental Project
November 26, 2013

Miami developer 17 St Partners is planning a 40-story, 240-unit rental project near the Omni called 17 Edgewater.

Mark Kreisler, David Kreps, and Jean Noel Grinda are partnering on the project . The company has assembled nearly an acre of land on Northeast 17th Street, between Northeast Miami Place and Northeast Miami Court.

Kreisler tells the DBR that the 40 floor building will include five levels of parking, and amenities including a gym, pool deck, gardens, movie theater and club rooms.

Records show that the partnership has closed on the purchase of about an acre of land at and around 38 NE 17 Street.

The developers appear to have also been considering the possibility of building at a higher density, and selling the units as condos.






Project: 17 Edgewater
Address: 38 N.E. 17th. Street, Miami, FL. 33132
Neighborhood: Edgewater
Height: Unknown
Floors: 40 stories
Building Type: Residential
# of Units: 240
Developers: 17 Street Partners
Public Transit: YES | MetroMover School Board station 2 blocks south
Status: Proposed

http://www.exmiami.org/index.php/are...-17-edgewater/

[N830MH]

Is old Miami Herald has already demolished yet?

[bobdreamz]

^ No not yet.



They can't implode it since the first time they did that a huge debris cloud covered the MacCarthur Causeway and dust & debris fell into Biscayne Bay. They are using steel cables to pull the colums of the building down and weaken the structure.

[chris08876]

Project: 6443 Biscayne

Property Description

Single Family Detached

EXCEPTIONAL CONDO DEVELOPMENT IN THE MIMO AREA COMING SOON.

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http://vitriumcapital.com/6443Biscayne/
http://www.century21.com/property/64...2122714543?k=1

[bobdreamz]

^ This part of the upper East side of the Biscayne "MiMo" area is exploding with new developments! Our "prostitution" alley is disappearing!

[dave8721]

Another megaproject in the making. Related has purchased the 1400 Biscayne Blvd complex and plans 3 towers with 2 million square feet of residential and retail space.

http://www.miamiherald.com/news/busi...le2634334.html

[Dariusb]

Originally Posted by chris08876

Interesting read:
==========

Developers propose 24 new condo towers in last month


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September 23, 2014
http://therealdeal.com/miami/blog/20...Latest+News%29

Man, that is a lot of new towers. I can't imagine what the area will look like when all of those projects are completed!