New renderings of David Beckham and Jorge Mas' controversial proposal to build one of the biggest private office and retail parks in the U.S. on city owned land, known as Freedom Park, have been revealed.
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Plans Filed To Bring 72-Key Hotel To 111 Wynwood
There is a new mixed-use hotel coming to Wynwood as 111 Wynwood LLC, an entity led by Eduardo Vargas and Andres Hogg, has filed plans to bring a 72-key hotel to the trendy neighborhood right near Wynwood Walls.
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PMG To Bring Waldorf Astoria Hotel & Residences To 300 Biscayne, Set To Become Miami's Tallest Tower
PMG, S2 Development, and Greybrook Realty Partners will build Miami’s tallest tower at 300 Biscayne, which will also feature Miami’s first Waldorf Astoria Hotel & Residences. The 1,049’ tower is being designed by Sieger Suarez and is expected to have a sell-out over $1 billion.
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Metronomic Place lobby.
Developer Celebrates Plans to Revitalize Coconut Grove with Groundbreaking at Metronomic Place
Miami-based development company Metronomic Inc., led by Ricky Trinidad, broke ground last Thursday for the new, mixed-use office, retail and hotel project on Grand Avenue in Coconut Grove. The groundbreaking ceremony for Metronomic Place was attended by commissioner Xavier Suarez and is set to spearhead the long-awaited revival of this corridor.
The five-story building will have about 5,000 square-feet of Class A office space, 3,200 square-feet of ground floor retail space, and a 44-key boutique hotel. The lobby and hotel interior was developed by local firm One Design Build. Designer Hugo Mijares combined metal, concrete, wood and other raw elements to create a modern industrial design with Old American style. It will also feature an activated “green” rooftop with a pool and garden area that echo the natural aura Coconut Grove in known for. Metronomic Place has an estimated completion date of Winter 2019.
Ricky Trinidad, President of Metronomic, Inc., is a developer and resident himself in West Coconut Grove, and has deep roots to the community. He hopes the project will enhance the vitality of Coconut Grove’s commercial and entertainment core.
He also just closed on a 7,200 square-foot site at 3110 Commodore Plaza called Commodore Place. The boutique hotel will offer loft-style, short-term suites with attractive amenities, a rooftop pool and garden deck area, and a two-story duplexed retail venue on the first floor.
Renderings for Commodore Place.
Miguel Pinto of Apex Capital Realty brokered the deal and represented Metronomic Inc. Like Ricky, Miguel is focused on working on projects and deals that enhance communities and positively impact the commercial real estate industry.
As part of Metronomic’s larger plan to revitalize Grand Avenue, they also have over ten new construction projects in the works in Coconut Grove. This includes a large-scale comprehensive development of multiple properties of mixed-income, affordable housing, retail, office, park plazas, and sustainable living concepts.
Article by: Katya Demina
Avra Jain and Dragonfly Investments Buy Another MiMo Motel
A partnership between Avra Jain and Dragonfly Investments, called Gold Dust 7700 LLC, just purchased a motel in the MiMo District – not far away from the Vagabond Hotel, also owned by Jain. Property records show they paid $6 million for Motel Blu at 7700 Biscayne Boulevard.
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Miami Voters Approve Hotel On City-Owned Watson Island As Part of Jungle Island Redevelopment
Miami voters have approved a new hotel to be built on city-owned land on Watson Island as part of a redevelopment of Jungle Island. 59% of voters said yes in support of waiving competitive bidding on the property to extend Jungle Island's lease to 2099 and approve the owners of Jungle Island to have the right to build a 13-story, 300 room hotel.
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Henley USA Closes On The Eurostars Vintro Hotel In South Beach For $20 Million
The Eurostars Vintro Hotel, located at 2216 Park Avenue in South Beach has sold in an off market deal for $20 million to Henley USA. The deal equates to roughly $400,000 per key for the 50-room hotel, which was previously owned by Encotel, LLC.
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The 1.2 Million SF Zyscovich Architects-Designed Aventura ParkSquare Receives TCO
Aventura ParkSquare has received its Temporary Certificates of Occupancy (TCO) from Miami-Dade County as the mixed-use projects gears up to open to residents and commercial tenants. Aventura ParkSquare is being developed by Integra Investments and was revealed in 2014 before breaking ground in 2016.
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PMG Converts 64 Units At X Miami Into The Guild Hotel In Downtown Miami
PMG is converting 64 units of the newly opened luxury apartment tower X Miami in Downtown Miami into a hotel component, to be known as The Guild Hotel. The Guild Hotel will occupy 4 floors of the 32-story building and guests will have access to the same amenities shared by X Miami residents.
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citizenM Hotel Coming To Miami Worldcenter in Downtown Miami
Netherlands-based citizenM, the pioneer of affordable luxury hotels, has announced plans to open a 348-key hotel within Miami Worldcenter, one of the largest private mixed-use developments underway in the United States, occupying 27 acres in the heart of the Downtown Miami.
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