Malaysian developer Genting Group has submitted their plans for Federal approval for their proposed Resorts World development at the former Miami Herald site in Downtown Miami at 1 Herald Plaza. The land has sat there essential untouched, less a fence being constructed on the site several months ago. On January 23, Genting submitted plans for 3 towers to the FAA. Each tower is proposed to rise 642 SF above ground (649 SF above sea level). The FAA had previous approved the three towers at the same height in 2013 when Arquitectonica submitted their application on Genting's behalf. The approval expired on January 10, 2017. Genting has also been working to gain approval to construct a marina behind the site which would house 50 boat-slips and a mega-yacht harbor. They also have a deal in place with Art Miami to move the annual show to the site. Genting purchased the 5.65 acre site in 2011 for $236 million with the plans to build a casino but state and county officials have been slow to approve any plans that would allow gambling.
Melo Group Redesigns Flagler on The River Project's Riverwalk, Gains Approval
The Melo Group has redesigned the Flagler On The River project with a 14-foot riverwalk after city officials threatened to put a stop to construction after they had initially built the riverwalk 2 feet narrower then the approved plans. The commission has since approved the newly submitted, updated plans and the developer will press on with construction. The Flagler On The River project will be the future location of Sushi Samba and Duck & Waffle.
Ten Museum Park #1205
Rental Round-Up: The Hottest, Luxe Downtown Condos
Downtown Miami is an area on the rise, which means a renter get great value in buildings with all of the high-end, luxury amenities you could ever need. These condo rentals are just steps away from some of Miami's newest landmarks such as the Perez Art Musuem, Museum Park and American Airlines Arena. Here are some of Downtown's hottest rentals in the area's best all-around buildings.
1. Under $2,000 /mo.: One Miami #1518 | $1,850 /mo.
One Miami #1518
A great price for luxury living in this spacious 1 bedroom 1 bathroom condo located in the heart of downtown with Il Gabiano in the lobby. Views of the Biscayne Bay and the Miami River. Walking distance to Bayside Shops, American Airlines Arena, Whole Foods, Brickell City Centre and more. Building includes first-class amenities like gym, sauna, weight room, private access to Intercontinental pool area, and access to boardwalks along the Bayfront Park! Availible for $1,850 /mo., listed with Kendrick Villalba of Sovereign Real Estate Group. ML#A10194703
2. Under $3,000 /mo.: Ten Museum Park #1205 | $2,400 /mo.
Ten Museum Park #1205
Trendy 1 bedroom 1.5 bathroom in Ten Museum Park has floor to ceiling glass walls, Stainless Steel Kitchen, with Bosch and Sub Zero Appliances, tile flooring & 360 degree glass shower. The master bath includes bidet, closet cabinetry, and double sink. Enjoy Partial bay and skyline views from your oversized balcony. Full service luxury building offers convenient downtown location across the street from American Airlines Arena, 5 pools, gym & spa. Available for $2,400 per month unfurnished, listed with Demetri Demascus of Spectrum Realty Group. ML#A10204289
3. Under $5,000 /mo.: Marquis Residences #5203 | $4,800 /mo.
Marquis Residences #5203
Showroom-quality, furnished 2 Bed/2.5 Bath condo at Marquis Residences. Finely upgraded features white porcelain flooring throughout, renovated Kitchen & Bathrooms, 4 chandeliers, custom lighting, built-in cabinets, motorized shades, Nest thermostat and more. Breathtaking views of Biscayne Bay and the Miami Beach skyline from 52nd floor. Rent includes includes 2 parking spaces, basic cable TV, high-speed Internet & water. Marquis 5-star amenities fitness center, pool, hot tub, spa & concierge. Me Miami hotel and STK are also in the building. Available for $4,800 per month listed with Lucas Lechuga of Luxe Living Realty. ML#A10207970
4. Over $5,000 /mo.: Marquis Residences #3201 | $6,500 /mo.
Redesigned floor plan with modern finishes, this 2,106 SF 3 Bed 2.5 Bath corner unit features amazing views of Biscayne Bay and the Downtown Miami skyline. Kitchen is finished in Zebrano lacquer cabinets & Mink Marble accents. Marquis is a full service luxury building complete with newly renovated pool, spa & fitness center. Marquis also offers access to the ME Miami hotel and STK restaurant in lobby. Located conveniently in Downtown Miami walking distance from American Airlines Arena, PAMM, Frost Science Center, and more. Availible for $6,500 per month, currently listed with Lisa Dominguez of Insignia International Properties. ML#A10201932
One Thousand Museum Announces $30 Million in Sales in December 2016
One Thousand Museum had a great December with strong sales, reaching the halfway mark of construction and securing a $225 million construction loan to help get them through completion of the project. Developer Louis Birdman announced that in December they had sold $30 million of units bringing their total to 45 of the 83 units, roughly 54% of the building. The sellout is estimated at $600 million.
Todd Michael Glaser Proposes Micro-Rental Apartments on West Flagler Street in Downtown
In a joint venture between developers Todd Michael Glaser and the Posner Group, the corner of West Flagler Street and NW 8th Ave is in for a shake-up as Downtown Miami continues to be a hotspot for development. The proposed project will be a 20-story mixed-use project that will feature 100 micro-rental units that vary in size between 360 SF and 500 SF. Ground level will feature commercial space followed by parking and an amenity deck. The building will be designed by DOMO Architecture + Design and is currently under the approval process. Construction is expected to be around 18 months once the project is fully approved.
Biscayne Green Initiative Coming to Biscayne Boulevard in Downtown
The Miami Downtown Development Authority has taken the first steps to getting cars off the roads and make life in Downtown Miami more pedestrian friendly. They have launched a month-long installation as part of the Biscayne Green initiative to redesign the medians and parking lots on Biscayne Boulevard between SE 1st Street and NE 6th St. The installation will remain through January 26 and is funded by the Knight Foundation and The Miami Foundation. A long-term proposal includes eliminating 2 lanes in each direction in order to build more landscaped pedestrian and biking paths. The city would aim to relocate the street parking and the city is currently performing a "Lane Elimination Analysis."
“Downtown Miami has experienced a nearly 150 percent increase in population over the past 15 years, with the majority of these new residents falling between the ages of 20 and 44. This young demographic overwhelmingly favors public transit over traffic, connectivity and public space over sprawl, and community experiences over material accumulation.” - Alyce Robertson, Miami DDA Executive Director
Events for the Biscayne Green Temporary Installation Through January 26:
- Biscayne Green Grand Opening Get-Down (January 6 from 7 – 10 p.m) - Celebrate the grand opening of Biscayne Green with handcrafted cocktails, live music and art.
- Biscayne Screen with O Cinema (January 8, 15, and 22 from 6 – 10 p.m) - Watch movies cuddled up on the Green with free blankets, popcorn and empanadas.
- Out of Office – Coffee + Wifi (January 11, 18, 25 from 9 – 11 a.m) - Enjoy the fresh air and fuel up for the day with coffee and snacks.
- Baila on Biscayne (January 12, 19 from 7 – 10 p.m) - Enjoy al fresco music, dancing and people watching.
- Taste of Downtown (January 14 from 6 – 10 p.m.) - Enjoy a taste of downtown with specialties from some of the area’s hottest culinary masters.
- Brunch on the Green (January 15, 22 from 11 a.m. – 3 p.m.) - Sip on mimosas and nibble on brunch offerings from local foodie hotspots.
New Renderings of One Bayfront Plaza
New renderings have been released of One Bayfront Plaza which is set to become the tallest building in Florida. The 92-story, 1049-foot skyscraper is proposed by developer Tibor Hollo's Florida East Coast Realty and Kohn Pedersen Fox is the architect. The proposal is under review by the city and construction could begin as early as January 2019. The project includes:
- 902 Apartments
- 200 Hotel Rooms
- 532,000 square feet Class A office
- 103,959 square feet of retail on the lower levels
- Pedestrian bridge to Metromover
- 1,055 parking spaces
Read our earlier post upon plan submission by Tibor Hollo and their September application to the FAA to approve the height of the "super tower."
Chateau Group Applies for Extension of Height-Approval with FAA over Biscayne Boulevard Lots
Chateau Group has applied for permission from the FAA to build two 700-foot residential towers at 600 and 700 Biscayne Boulevard and extend their current approval. Chateau Group acquired the properties after a failed proposal to build two towers on the lots about ten years ago. They are currently used for parking and billboard advertising. The FAA had previously approved the towers with an extension granted in 2015 but that extension expires in January 2017.
Aston Martin Residences to Feature Helipad and Private Pools for Penthouse Units
Downtown's new luxury project, Aston Martin Residences, continues to come to fruition as sales are now underway. Details of their various proposed amenities include a rooftop helipad, a super-yacht marina and private outdoor pools on penthouse balconies. Penthouse units will be located on floors 56-60 and units with a private pool can cost up to $35 million. Levels 52-55 will feature four floors of amenities for residents including an infinity edge pool overlooking Biscayne Bay from the 55th floor. Top-off is expected for 2020 and closings are expected to take place in 2022.
One Bayfront Plaza Plans Submitted by Tibor Hollo
Plans for One Bayfront Plaza have been submitted for review for the 92-story, 1049-foot tower. Tibor Hollo had filed in September to raise the permitted height to 1,044-feet from the original approved 1,005-feet. The updated plans show the tower will feature 902 apartments, 200 hotel rooms, 532,000 SF of Class A Office Space, 103,959 SF of lower level retail, a pedestrian bridge to the Metromover, and 1,055 parking spaces. One Bayfront Plaza will be designed by architect Kohn Pedersen Fox. Demolition of existing buildings could begin in 2019 and construction could be completed by 2023.
