If anything, both the smaller towers have more units versus the last and tallest component. About 2x more. So I think its quite optimistic having the two smaller components start. In comparison to a lot of U.S. cities, 691 and 604 ft towers are quite a big thing.
Your key risk would be not having them rise and delaying a lot of the potential say a year or two down the line. Miami has been very good with its pre-sales, about half which originate from the international markets. Has been somewhat the trend across other developments.
Brickell Development With 1,300 Units Gets Water & Sewer, Construction Permit Expedited
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The developer of a three-tower project in Brickell has completed a utilities deal and requested expedited construction permit review.
The project includes three towers rising 80, 60, and 50 stories. The tallest tower will top off at 940 feet above ground and 950 feet above sea level.
According to a two utilities agreements with Miami-Dade completed June 27, there will be two multifamily towers with a combined:
880 apartments
7,100 square feet of full service restaurant
The 80-story Cipriani condo tower was completed under a separate utilities deal on the same day. The agreement states that the condo tower will have:
420 apartments
11,200 square feet of full service restaurant
Two separate construction permits are now being reviewed by Miami’s Building Department, for both the multifamily towers and the condo tower.
On June 10, an agent for the developer requested expedited life and safety review of the construction permit for the two multifamily towers, which had 519 plan sheets filed June 7. The request was approved on June 13.
According to a note on the request, the project is targeting a foundation permit. “Fire needs to comment so that the foundation process can get issued,” the note said.
Expedited life and safety review of the 80-story condo tower (which had 446 plan sheets filed June 14) was requested on June 16, with the developer also saying a foundation permit is also being targeted.
Private provider review is being used for both construction permits.
Construction financing for both the multifamily towers and condo tower has already been secured, the developer has said.
FAA Approval, groundbreaking soon for the two smaller towers.
Based on the article, sounds like the tallest is going up first ...
“ However, Cipriani Residences is likely to be the first to begin construction considering the permit is being reviewed by a private provider, expediting the process.”
We are looking at 940 ft, with the others allowed at a max of 693 ft.
Financing is secured, and all three are expected to rise in the same phase (together). Cipriani Residences will be the 80 floor component on a side note.
Dewatering Permit Applied For At Cipriani Residences Site In Brickell
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A dewatering permit – typically used for foundation work – has been applied for at the Cipriani Residences site in Brickell, according to DERM records.
Correspondence indicates that the developer plans to install a temporary drainage well.
Multiple towers at the site are now in the construction permitting process at Miami’s Building Department. A tree permit is also in process.
There will be three towers rising 80, 60, and 50 stories. According to a utilities agreement they will include:
1,300 residential units (420 condos)
18,300 square feet of full service restaurant
No construction contractor has been attached to the construction permits yet.
So we have a near supertall on the path to rise at 950 ft.
= = = = = =
Developer Of 80-Story Cipriani Residences Applies For Foundation Permit, Contractor Named
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Three tower complex in Brickell is moving ahead with foundation permitting.
On September 9, contractor Moss Construction applied for a permit to begin foundation work at the 80-Story Cipriani Residences condo tower, Miami Building Department records show.
There’s also now another foundation permit in process at the property, for the area where two additional apartment towers are planned to rise 50 and 60 stories.
The second foundation permit for the shorter towers was also submitted by Moss, and was created on September 12.
Miami Dade’s DERM issued a dewatering approval needed for foundation work on September 12, records show.
The project will include three towers rising 80, 60, and 50 stories, with the tallest at 950 feet. According to a utilities agreement the combined project will include:
1,300 residential units (420 condos)
18,300 square feet of full service restaurant
Foundation Permits Filed For Three Skyscrapers At 1420 South Miami Avenue In Brickell, Miami
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Foundation permits have been filed for three mixed-use highrises at 1420 South Miami Avenue in Brickell, Miami. Located between Southwest 14th Street and Southwest 14th Terrace with Southwest 1st Avenue on the west and South Miami Avenue on the east, the approximate 2.74-acre development site is located near the southern tip of the Brickell Financial District. It will give rise to three soaring adjoined superstructures of 50, 60, and 80 stories with around 2.72 million square feet of space. The project was designed by Arquitectonica with ArquitectonicaGEO handling landscape architecture and being developed by Mast Capital. Moss & Associates is listed as the contractor for this scope of work.
The first tower in the permitting process is the highly anticipated Cipriani Residences Miami, a 940-foot-tall condominium building set to change the Brickell skyline and become one of the tallest structures in the city. Phased foundation permits were filed on September 12 by the contractor and now await acceptance from the Department of Buildings to move forward with private expedited review services by Pacifica Engineering.
Phased foundation permits have also been filed for the two smaller rental towers, which are expected to rise approximately 604 feet and 693 feet beside the Cipriani Tower. These were also filed on September 12 by the same contractor and with the same expedited service provider contracted to review the permits.
Mast Capital is gearing up to begin construction soon. According to a utilities deal executed on June 29 for the property, the developer can connect up to 420 condominium residences and 880 rental apartments, and an 18,300-square-foot restaurant to the city’s water supply and sewage system. Actual plans for the project include 405 luxury condominiums at the 80-story Cipriani Residences Miami and 425 apartments in each of the rental towers. FAA Approvals will allow the condo tower to rise 950 feet above sea level, and up to 710 feet above sea level for the rental towers. Financing for the development is already secured, and groundbreaking is expected towards the end of 2022. All three towers will rise together and complete construction by 2025.
Well, there you go! A new peak to the south side of the skyline!
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