MIAMI | Uptown Biscayne | FT | FLOORS

[chris08876]

CK Prive Group has revealed development plans for a corner intersection property in North Miami Beach that include three towers for apartments, hotel rooms and offices plus a retail building.

Comras Co., which specializes in urban retail such as Lincoln Road in South Beach, Cocowalk in Coconut Grove and Las Olas in Fort Lauderdale, has signed on to lease the retail in the new project, called Uptown 163.

CK Prive Group assembled 5.1 acres at the northeast corner of Northeast 163rd Street and Biscayne Boulevard in 2015 and March 2016 for a combined $48.8 million. Currently home to Dean’s Gold strip club, the property is at the main intersection leading to the causeway connecting Aventura and North Miami Beach with Sunny Isles Beach.

The developer hired Arquitectonica to design Uptown 163 and it plans to submit an application to the city in early 2017, said Javier Rabinovich. He’s the CEO of Prive Land Banking, which partnered with CK Holding Group to form CK Prive Group and acquire a series of development sites in northeast Miami-Dade County.

Javier Rabinovich said Uptown 163 would have 160 hotel rooms, 198 apartments for rent, 130,000 square feet of leasable office space, 200,000 square feet of retail and about 1,400 parking spaces. The tallest tower would be 30 stories.

Rabinovich said this intersection is among the busiest in the county with about 140,000 cars passing by per day. From high in a tower at the site, tenants would have views of Biscayne Bay and Oleta River State Park. In addition, the Harbour condominium is under construction on a neighboring site.

"This location is unmatched as far as access, exposure, demographics, and market fundamentals,” Rabinovich said. "Aventura is currently at 100 percent retail occupancy and just over 4 percent office vacancy. This point needs no explanation.”

Uptown 163 would be about 10 blocks north of another major project, the SoLē Mia in North Miami. This 183-acre project by the billionaire Soffer and LeFrak families is under construction with plans for 400,000 to 500,000 square feet of retail in the first phase, plus 220,000 square feet of office, 4,390 residences and a 150-room hotel.

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http://www.bizjournals.com/southflor...ry-towers.html

[Urbannizer]

Revised plan to redevelop strip club site has stripped-down commercial and hotel component

Aug 28, 2017

CK Privé Group is downsizing its plan to redevelop Dean’s Gold strip club in North Miami Beach as a mixed-use project, with less commercial space than originally conceived.

Revised plans for the redevelopment, now called Uptown Biscayne, include reducing the office space by 95,000 square feet and eliminating a hotel from the mix, Javier Rabinovich, a principal of the joint venture behind the North Miami Beach project, told The Real Deal.

“We have the right size and the right product now,” Rabinovich, a principal of CK Privé, said. The developers are hoping to start construction in the second quarter of 2018, pending project approval by the city of North Miami Beach, he said.

[chris08876]

Mixed-Use Project Approved For North Miami Beach, Designed By Arquitectonica

In North Miami, the property at the corner of 163rd Street and Biscayne Boulevard has been given the green light for a mixed-use project.

Now known as Uptown Biscayne, it will include:

170,000 square feet of retail, including a national grocer, and an edible garden
35,000 square feet of office
16-story, 245-unit residential rental tower
40-thousand square foot vertical garden

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