Fabrizio & Diana Bianconi will launch their first restaurant in Miami after launching successful concepts in St. Barts and Los Angeles. The restaurant will be located in Mast Capital's famous Petit Douy French Chateau at 1500 Brickell which they acquired in 2013 for $2.575 million. Since then the property has gone through multiple changes including renovations to modernize the structure as well as being rezoned for retail and commercial use. Since acquisition Camilo Miguel Jr., the founder and CEO of Mast Capital, has had his sights set on bringing a restaurant to the property. The restaurant will be designed by Diana Bianconi and will feature an outdoor garden and lounge. The menu will be Italian including homemade pasta, steaks and seafood.The Italian restauranteurs also own Via Veneta and Bianconi in Los Angeles and L’Isola and L’Isoletta in St. Barts.
The One by Related Group is Coming to Brickell
Related Group's The One is going to Brickell. Related Group president Carlos Rosso told The Real Deal that sales are expected to launch in Q3 of 2017. One Brickell features three towers designed by Arquitectonica that will be built over two phases. The megaproject will have 1,400 residential condo units and 249 hotel units. The buildout includes a residential 57-story condo tower and a 75-story hotel and condo tower. A third, 82-story residential condo tower will follow. Residents will have access to private beach frontage and over one hundred exclusive amenities according to Related Group.
PROFILE Exclusive: SLS Lux Top-Off Celebration
PROFILEmiami had the exclusive opportunity to tour Brickell's brand new SLS Lux, a collaboration between The Allen Morris Company, Related Group and SBE Group. SLS LUX will be a five-star experience with world-class amenities and personalized VIP service. The project is being developed in collaboration by SBE and The Related Group along with the Allen Morris Company. SLS LUX will be a 58-story tower designed by Arquitectonica with a unique LED façade by lighting artist Ana Isabel Martinez. It will feature 450 residences and 85 luxury suites designed by Yabu Pushelberg complete with world-class art. In attendance were Allen Morris and Carlos Rosso of Related Group.
"SLS Lux is the finest condominium in Brickell. It has more amenities than any other building in the Brickell area, and it is right across from the front door of Brickell City Center, so we are very excited about it," says Allen Morris, Chairman and CEO of The Allen Morris Company. "We are completing the building this time next year. About 12 months from now we will finish all of the interiors and today we are celebrating the topping off of the 58th floor,"
Read our original coverage of SLS Lux from August.
888 Brickell Ave. Office Tower Proposed
Developers Alphatur, NV have submitted plans to build a new office tower at 888 Brickell Ave. The proposed project has 304,950 SF of office space over 30 floors, a ground floor featuring retail and restaurant space, and a garage with 264 parking spots. The 472 foot tower will be designed by Arquitectonica. The project plans will be reviewed by Miami's Urban Design Review Board this month.
Aimco Proposes 1111 Brickell
Aimco, a NYSE-listed REIT, has proposed to redevelop the Yacht Club at Brickell not a new mixed-use tower named 1111 Brickell. The development will ultimately result in a new 61-story, 690-foot residential rental apartment building as well as the renovation of the 32-story which will feature a hotel, retail as well as residential rental apartments. There will be 750 rental apartment units in the development matched with 250 hotel rooms and 961 parking spaces. Aimco has also applied for a potential of no hotel and 897 rental units. Stantec will be the architect and plans have been submitted to Miami's Planning & Zoning Department with a UDRB review scheduled for November 16. 1111 Brickell is sure to add further uncertainty into the Brickell market as developers have already hit the brakes and investors have had trouble renting their units for what they had projected to be market rent. If Brickell Bay Drive wasn't dense enough already, Aimco is looking to increase that density through rental only units. Aimco also owns and operates Miami Beach's Flamingo Tower as well as Edgewater's Bay Parc Plaza.
The Towers by Foster + Partners Submits Plans for Review
The Brickell skyline looks to be in for another shake-up. Plans have been submitted for The Towers by Foster + Partners, a 660-unit condo development in Brickell. The waterfront project is proposed at 1201 Brickell Bay Drive, which also just happens to be the last waterfront development site in Brickell. The Towers will be designed by Pritzer winning architect Lord Norman Foster working with ODP Architects along with the development team comprised of Florida East Coast Realty, Corigin Real Estate Group and McCourt Global Properties. The development would consist of a two towers connected by a pedestrian plaza style bridge complete with shops, restaurants, art galleries, etc. One of the towers would be 1,049 feet which would make it one of the tallest buildings in Miami. The height is already approved by the FAA. The Towers design is set for review and there is no timeframe as to sales or groundbreaking at this time.
Brickell City Centre to Open November 3
It is finally here! The Ribbon-Cutting Ceremony will be held Thursday, November 3 at 9:45 AM to officially open the mall portion of Brickell City Centre to the public. Stores and the mall will officially open at 10 AM and DJ's will take the stage at noon to help make a vibrant shopping experience as part of their Rotating DJ Series.
Full list of retailers:
Anchors
Cinemex
Italian Food Hall
Saks Fifth Avenue
Apparel
100% Capri
120% Lino
Addict
Adolfo Dominguez
Agent Provocateur
Armani Collezioni
BDBA
Boglioli
Chobard
Cole Haan
Crocus Studio
Hugo Boss
In-Sight
Intermix
Kiton
koko & Palenki
Lafayette 148
Live!
Lululemon
Onda De Mar
Mirto
Orlebar Brown
Reiss
Pinko
Rhythm of Grace
Sportsaction
Stitched
Suit Supply
Sundek
Ted Baker
Tommy Bahama
Victorias Secret
Vilebrequin
Fashion & Accessories
Acqua Di Parma
APM Monaco
Audemars Piguet
Baldinini
Bally
Bath & Body Works
Bruno Magli
Capritouch
Carmen Steffens
Caudalie
Coach
Designers Eyes
Diptyque
Font
Giuseppe Zanotti
Illesteva
Harmont & Blaine
IRO
Italia Independent
Kendra Scott
Kreations
Leetal Kalmanson
Michele Lopriore
NARS
Nest Casa
Pandora
Porsche Design
Richard Mille
Samsonite
Santa Maria Novella
Sephora
Stuart Weitzman
Violetas/Baccarat
Westime
Arts & Services
At&t
Bojanini Art Gallery
Brickell Nail Bar
Musart
Sean Donaldson Hair
Sparis
Dining
American Harvest
Calissons Du Roy Rene
Davids teas
Dr. Smood
Haagen-Daaz
Luke’s Lobster
Pasion Del Cielo
Pubbelly Sushi
Quinto La Huella
Santa Fe
Taco Chic
Sugar
Echo Brickell Scaffolding Collapse
Scaffolding has collapsed at Echo Brickell, killing 1 and injuring 5. According to the Miami Herald, "One of the three scaffolding platforms on the North side of the buildings plummeted to the ground Wednesday evening, showering bystanders in debris and crushing one car. The two other platforms were dragged down three stories and hung haphazardly onto the building’s face until a crane lowered them to safety hours later." The man who died passed away from a "cardiac incident" stated by Miami Fire Rescue Deputy Chief Joseph Zahralban and The Miami Herald. A woman inside of a car was hospitalized after being hit by falling debris. Roads were reopen Thursday morning. Property Markets Group said that formwork had fallen from the top of the construction site onto Brickell Avenue and that they were working with the general contractor John Moriarty & Associates of Florida as well as city officials including the fire department and police to investigate what had happened. The project will be shut down pending the investigation. While this accident is quite tragic and will cause delays on the delivery of the Echo Brickell project as well as potential legal implications due to the casualties, the project should still ultimately be a great addition to the Brickell skyline.
BrickellHouse and Boomerang Systems Remain Locked in Legal Battle As Rental Prices Remain Stable
Rental prices have remained relatively stable in BrickellHouse despite a legal battle between the developer and parking garage operater. Boomerang Systems and Newgard Development Group's Harvey Hernandez, the developer of BrickellHouse remain locked in a lawsuit after a bankruptcy judge cut Boomerang System's operating contract with BrickellHouse. Boomerang Systems was to operate an automated, robotic, "hassle-free" parking system but residents were met with delays waiting for their cars, some of which reached over an hour during peak times.
BrickellHouse is a 46-story luxury condo building at 1300 Brickell Bay Drive. The building was designed by Sieger Suarez as the architect and Yabu Pushelberg for interior design. Amenities include a private owner's lounge, screening room, rooftop resort deck with 50-foot lap pool and poolside cabanas, fitness center and spa as well as 24-hour staff. It features 374 units that start around $400 SF, fairly consistent with pre-construction pricing and range from $239K to $7.5 million. Units range from studio to 3 bedroom with larger penthouse units. Rental prices have held steady around $3 SF and 75 units have been rented this year. Despite this residents have continuously complained about the parking issues which have been a drag on the building's reputation. Mixed with a buyer's market investors may find some deals from owners who don't want to deal with the current legal issues.
SLS Brickell Hotel to Open October 3
SLS Brickell is coming! Related Group and SBE have set an opening date of October 3rd for the hotel as we edge closer to seeing the completion of this most recent development cycle. SLS Brickell is a 124-room hotel with pricing starting at $249 per night and can reach over $1,950 for the 1,756 SF, 2 bedroom Louie Suite. The 52-story building was designed by Arquitectonica and also features 450 residential condo units. It also features an LED façade by lighting artist Ana Isabel Martinez, artwork throughout the property by Fernando Botero and Matias Duville, and a colorful, iconic exterior art mural. SLS Brickell includes José Andrés' Bazaar Mar, his new seafood restaurant concept, as well as Michael Schwartz's Fi’lia, Italian concept. José Andrés will also be head of all food and beverage operations throughout the property including the pool bar, mezzanine and in-room dining. Related Group began planning the project in 2012 and broke ground in early 2014.
