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-   -   MIAMI | 501 First (501 NE 1st Avenue) | 450 FT | 40 FLOORS (https://skyscraperpage.com/forum/showthread.php?t=250825)

chris08876 Apr 13, 2022 11:24 PM

MIAMI | 501 First (501 NE 1st Avenue) | 450 FT | 40 FLOORS
 
Teaser/Marketing Source: https://501downtownmiami.com/

https://aws1.discourse-cdn.com/busin...fa057d848.jpeg

https://i.imgur.com/sUj8af6.jpeg

UrbanImpact Apr 14, 2022 1:33 PM

No parking! Awesome!

chris08876 Jul 22, 2022 1:01 AM

Demo permit was issued for the existing structure on the parcel. Another one bound to rise soon.

chris08876 Jul 25, 2022 11:49 PM

https://pbs.twimg.com/media/FYhSoKXX...jpg&name=large
Credit: volvoshine

chris08876 Aug 11, 2022 11:42 PM

https://pbs.twimg.com/media/FZ4v2DUU...jpg&name=large
Credit: volvoshine

chris08876 Aug 16, 2022 2:21 AM

https://pbs.twimg.com/media/FaN_TqIX...jpg&name=large

https://pbs.twimg.com/media/FaN_S_qW...jpg&name=large
Credit: volvoshine

Altoic Aug 25, 2022 1:59 AM

The demo is nearing an end. The last wall fell on this video. I'm kind of sad to see this building demoed because of its age and historical value:( , but 501 First will be a good addition for the lot. :)
https://i.imgur.com/P8kJWAq.png

https://twitter.com/volvoshine/statu...15333147070465

chris08876 Sep 9, 2022 9:35 PM

https://pbs.twimg.com/media/FcOiovOX...jpg&name=large
Credit: volvoshine

chris08876 Nov 19, 2022 1:18 PM

448-Unit Downtown Miami Luxury Condo Tower Gets $81M Construction Loan

Quote:

The developers of 501 First Residences have been issued a construction loan.

501 First is planned to include 448 luxury condos, without a parking garage.

Berkadia arranged the $80.924 million loan.

Managing Director Scott Wadler, Senior Managing Director Mitch Sinberg, Senior Director Matt Nihan and Senior Analyst Michael Basinski of Berkadia Miami secured the financing on behalf of Aria Development Group and AQARAT.

Financing was issued by Bank OZK, with 42-month interest only floating rate loan.

Demolition has already been completed at the site.
==================
NXT

chris08876 Dec 19, 2022 11:52 PM

Ground breaking ceremony occurred for 501 First.

chris08876 Feb 9, 2023 9:29 PM

https://i.imgur.com/rj4Zn63.jpeg

https://i.imgur.com/gtWTW0Z.jpeg
Credit: NXT

colemonkee Feb 10, 2023 1:32 AM

No parking podium is a definite plus for this one.

dave8721 Feb 10, 2023 4:16 AM

It is literally next door to a giant garage so having its own garage seems kind of redundant.

chris08876 Apr 8, 2023 6:49 PM

Looks like site prep. Not off the ground yet (501 1st).



https://pbs.twimg.com/media/Fsjy4SoX...jpg&name=large
Credit: volvoshine

Altoic Aug 8, 2023 8:27 PM

https://pbs.twimg.com/media/F29kDBAW...jpg&name=small

https://twitter.com/volvoshine/statu...78392168603648 Via: Ryan RC Rea/Volvoshine

**Site now has a large yellow crane.

Altoic Aug 16, 2023 3:07 AM

https://media.licdn.com/dms/image/D4...nWlB5cVoMJkqlk

https://www.linkedin.com/posts/alexa...member_desktop Via: Alexander Barrios (Linkedin)

chris08876 Sep 20, 2023 12:01 PM

https://live.staticflickr.com/65535/...ec4abc97_h.jpg
501 First Residences Construction Downtown Miami by Phillip Pessar, on Flickr

Altoic Nov 19, 2023 7:24 PM

Photos: Construction Continues At 40-Story Downtown Miami Tower
https://www.thenextmiami.com/photos-...n-miami-tower/

https://i.imgur.com/aRjTCJp.jpg

Altoic Dec 21, 2023 2:55 AM

https://live.staticflickr.com/65535/...8f22bd5_3k.jpg501 First Residences Construction Downtown Miami by Phillip Pessar, on Flickr

Altoic Jan 15, 2024 10:52 PM

https://i.imgur.com/kWFKdfz.png
https://i.imgur.com/yk4dnM1.png

Via: https://www.instagram.com/p/C12f1OSOhCv/?img_index=2


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