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  #1  
Old Posted Apr 13, 2022, 11:24 PM
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MIAMI | 501 First (501 NE 1st Avenue) | 450 FT | 40 FLOORS

Teaser/Marketing Source: https://501downtownmiami.com/



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Old Posted Apr 14, 2022, 1:33 PM
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No parking! Awesome!
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  #3  
Old Posted Jul 22, 2022, 1:01 AM
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Demo permit was issued for the existing structure on the parcel. Another one bound to rise soon.
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Old Posted Jul 25, 2022, 11:49 PM
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Credit: volvoshine
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  #5  
Old Posted Aug 11, 2022, 11:42 PM
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Credit: volvoshine
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Old Posted Aug 16, 2022, 2:21 AM
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Credit: volvoshine
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Old Posted Aug 25, 2022, 1:59 AM
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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://twitter.com/volvoshine/statu...15333147070465
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  #8  
Old Posted Sep 9, 2022, 9:35 PM
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Old Posted Nov 19, 2022, 1:18 PM
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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
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  #10  
Old Posted Dec 19, 2022, 11:52 PM
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Ground breaking ceremony occurred for 501 First.
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  #11  
Old Posted Feb 9, 2023, 9:29 PM
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Credit: NXT
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  #12  
Old Posted Feb 10, 2023, 1:32 AM
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No parking podium is a definite plus for this one.
__________________
"Then each time Fleetwood would be not so much overcome by remorse as bedazzled at having been shown the secret backlands of wealth, and how sooner or later it depended on some act of murder, seldom limited to once."

Against the Day, Thomas Pynchon
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Old Posted Feb 10, 2023, 4:16 AM
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It is literally next door to a giant garage so having its own garage seems kind of redundant.
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  #14  
Old Posted Apr 8, 2023, 6:49 PM
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Looks like site prep. Not off the ground yet (501 1st).




Credit: volvoshine
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  #15  
Old Posted Aug 8, 2023, 8:27 PM
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https://twitter.com/volvoshine/statu...78392168603648 Via: Ryan RC Rea/Volvoshine

**Site now has a large yellow crane.
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Old Posted Aug 16, 2023, 3:07 AM
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https://www.linkedin.com/posts/alexa...member_desktop Via: Alexander Barrios (Linkedin)
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  #17  
Old Posted Sep 20, 2023, 12:01 PM
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  #18  
Old Posted Nov 19, 2023, 7:24 PM
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Photos: Construction Continues At 40-Story Downtown Miami Tower
https://www.thenextmiami.com/photos-...n-miami-tower/

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Old Posted Dec 21, 2023, 2:55 AM
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Old Posted Jan 15, 2024, 10:52 PM
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