Tibor Hollo's Florida East Coast Realty expects to break ground on the 1,049 foot, 92-story One Bayfront Plaza in January 2019 with completion is expected at some point in mid to late 2022. The 1,049 foot design by architectual firm Kohn Pedersen Fox will maximize the height approved by the FAA. One Bayfront Plaza will feature 902 apartments, 200 hotel rooms, 532,000 SF of Class A Office Space, 103,959 SF of retail, pedestrian bridge to the metromover and 1,055 parking spaces. The residences and hotel will feature a sky recreation deck which will have 2 pools, one being for residents and one for hotel guests. There will also be another amenity deck on the 40th floor. Check out our coverage of One Bayfront Plaza's New Renderings, new plan submission, and application to the FAA to increase height.
Photo via Miami Herald
Resorts World Applies to Renovate The Omni into Office Space & Boulevard Shops Update
Change may finally be coming to the vacant Omni Mall in Edgewater at 500 Biscayne Boulevard as Resorts World Omni, LLC has applied for a construction permit to renovate 24,550 SF into office space. Blufin Construction is the contractor on record for their application. Currently both Resorts World Bimini and Crystal Cruises use 500 Biscayne Boulevard as their headquarter address. Crystal Cruises last year leased 40,000 SF of office space in the Omni Building, adjacent to their Boulevard Shops sales center. Resorts World Bimini and Crystal Cruises are owned by Genting Group, a Malaysian conglomerate that has business interests in leisure, hospitality, plantations, properties, power generation, oil and gas, e-commerce, information technology and biotechnology.
Last year Crystal Cruises began reconstruction of The Boulevard Shops on an adjacent lot at 1401 Biscayne Boulevard. Their plan was unveiled at the 2016 Fort Lauderdale SeaTrade show for the Boulevard Shops project for Crystal Cruises which will include a renovation and expansion of the historic building to offer a cafe and bistro with indoor and outdoor seating, cigar bar and sales center for Crystal Residences. Crystal Residences will be onboard condos featured on 2 of their cruise ships. The renovation of The Boulevard Shops is being designed by architect Richard Heisenbottle.
Featured Listing: Ten Museum Park 4205
There is just no where else you can enjoy a private sky-high pool right in the middle of Downtown Miami. Ten Museum Park 4205 is a modern and massive bachelor pad. 3 bedrooms and 3 bathrooms spread over 2,581 SF and 3 floors. The unit is finished with modern glass throughout to allow views of Biscayne Bay, Downtown Miami, Brickell, Coconut Grove and Coral Gables. The main living room features 20 foot ceilings with full glass for sunset views to create the perfect place for entertaining. High-end finishes and upgraded lighting throughout. The kitchen and bathrooms are finished with European fixtures and high-end appliances from Sub Zero, Bosch and Duravit. Private rooftop pool on the 44th floor for an urban oasis finished with Bisazza tile. Ten Museum Park is an ultra-luxury, full-service building in Miami's booming Park West neighborhood. The building features a full-service spa, gym and pool deck and is right across the street from Museum Park, the Perez Art Musuem and Frost Science Museum. Currently listed with Darin Feldman of Insignia International Properties for $1,560,000.
Miami Innovation District Coming to Park West
The Miami Innovation District, a proposed tech hub, is one step closer to coming to Miami after land in Park West controlled by Michael Simkins' Innovate Development Group was cleared. Innovate Development Group purchased the land in 2014 for $54 million. Details and renderings of the proposed project were leaked in June, showing a 10 acre development including 3,850,000 SF of office space, 2,400,000 SF of residential units, 250,000 SF of retail space, and 2,500 parking spaces. Residential units would include 300 SF "micro-apartments" for the young, working class. There will also be an amenity area called the "Cloud Level" which will include classrooms, daycare, tech support, exhibition spaces, as well as landscaped green space and connection to different towers that are part of the complex. Part of the original proposal, a 633-foot LCD tower, has seen great pushback. Miami Innovation District will be designed by SHoP Architects, who designed the Barclays Center in Brooklyn as well as for Google and Uber. Miami Innovation District is expected to bring 700 permanent jobs and the project will contribute $5 million to the South East Overtown/ Park West CRA and 3% of annual sales or $1 million per year.
Mana to Bring New Mixed-Use Tower Including Hotel to Downtown
Moishe Mana has made a deal with the City of Miami to construct a mixed-use tower at his 240 N Miami Avenue Downtown site. The deal will allow him to use a section of the much larger Miami Parking Authority property adjacent to his 14,000 SF. The MPA had originally given the rights to the land to Grand Station, who subsequently subleased the rights to Mana. Mana's proposal will be a mixed use building including a 150-room hotel office space, residential units, retail space.
Construction Has Begun at Omni Park in Downtown Miami
Construction has begun at the 7 acre site in Omni that will soon be the Omni Park. Although temporary, the park will remain for 2 years to provide food and beverage vendors, amphitheater, skate park and art walk amongst the green urban escape. The site is owned by FDOT and will be part of the Signature Bridge Project which is under bidding. What remains of the Omni Park at that point will be reconstructed under and around the Signature Bridge to keep the green space in the area which has been the subject to massive urbanization with Miami WorldCenter construction now in full swing. The OMNI CRA has provided $300,000 in funding for th park and the Perez Art Museum has provided $150,000 while Brad Knoefler is overseeing construction which is scheduled for late February 2017.
Read our original news break on Omni Park from its December Announcement.
Future "Signature Bridge" at Downtown Miami's Omni Neighborhood
New Renderings Released of Aston Martin Residences
New renderings of Aston Martin Residences have been released and the inspiration drawn from the DB11 for the building's design is beginning to grow apparent with the sales center scheduled to open in mid-May and an October ground-breaking. The building's interiors will feature lighting and handmade detail based on the car in addition to hand-adorned residence door numbers from the same jewelers that place the logo on the hood of Aston Martin cars. The building will features floor-to-ceiling glass with no visible concrete, including glass encased support beams. The developer has also upgraded the amenities and has purchased a beachfront plot on Virginia Key and will build an Aston Martin Beach Club for residents accessible by the building's yacht. Units start at $500,000 and range up to $7,000,000 for the "River and Panoramic Residences" part of the building and $14,000,000 to $35,000,000 for the "Penthouses." The ultimate unit will be a triplex penthouse that comes complete with a private pool, helipad and Aston Martin Vulcan.
Read our December Introduction on Aston Martin Residences and our coverage of the initial announcement.
300 Biscayne to Be Overseen By Deepak Chopra, Launch Sales in Late 2017-2018
Developer PMG has tabbed Deepak Chopra to bring "healthy living" to their 300 Biscayne downtown residential project. Sales plan to launch sales for 300 Biscayne sometime in 2017-2018. PMG has kept the details of the project largely under wraps. In January 2015 it was reported that PMG had closed a $27 million loan for 300 Biscayne Boulevard, which will be used for planning and development of the luxury residential project. PMG paid $80 million for the 88,800 SF site in November 2014. Chopra worked with PMG to finish 7 units in their Muse development in Sunny Isles with a health focus on air, water and light.
Featured Listing: Marquis Residences PH6301
Park West is an area on the rise, and one of the last places in Miami where you can lock up prime real estate for somewhat reasonable pricing. Penthouse 6301 in Park West's Marquis Residences is perched high in the sky, offering unmatched views of Biscayne Bay, the Atlantic Ocean, Port Miami and Downtown Miami. This massive duplex includes 3,831 SF of living area spread over 3 bedrooms and 3 full-bathrooms with one half-bath. It features a wine cellar, chef's kitchen, exotic wood, marble and stone finishes throughout, exotic wood and marble flooring, private elevator entry and smart home technology. The unit expands to 5,331 SF with the outdoor space included, which includes a rooftop plunge pool, summer kitchen and private skydeck. Currently listed for $3,945,000 with Daniel Romanach of One Sotheby's International Realty.
The Related Group Planning The Gallery at Omni on 1st Avenue
The Related Group is in the planning stages for a new development at 1598 NE 1st Avenue, across the street from the under-construction Canvas tower condo. In 2015, a project called Museum Club Miami was planned and approved on the the site, but plans later hit a stall. The project that Related Group is planning may be known as The Gallery at Omni. Related Group has registered several companies that include the Gallery at Omni name and a representative listed Miami officials requesting a Zoning Verification Letter for the property.
