Internationally-renowned Italian design studio Pininfarina has received the Red Dot Award for Design Concept of 2019 with their Pininfarina Bus Shelter for the City of Miami Beach. Seeking to enhance the transit experience and improve the quality of existing architecture and functionality, the City of Miami Beach proposed to adopt a new bus shelter design for city commuters.
Read More
PARAMOUNT Miami Worldcenter Receives TCO As Tower Powers Towards Completion
PARAMOUNT Miami Worldcenter has received its TCO as the $500 million, 60-story tower is powering towards completion with closings expected to commence in the coming weeks. The residential tower features 569-units which start at $885,000.
Read More
Terranova Reveals Arquitectonica-Designed Hotel On Coral Gables' Miracle Mile
Terranova Corporation has revealed a new hotel design by Arquitectonica which has been proposed on Coral Gables’ Miracle Mile. The design was influenced by Mediterranean architecture and the historic Biltmore Hotel. The hotel will offer 120 hotel rooms and 36,778 SF of ground floor retail which will also feature restaurant space.
Read More
Design By Daniel Buren For South Beach’s New Pedestrian Bridge Over 5th Street Revealed
Russell Galbut and David Martin have revealed the chosen design for Miami Beach’s new pedestrian bridge at 5th Street which will serve as the gateway to South Beach. The winning design is by French artist Daniel Buren and features a colorful tube of transparent glass panels offering views of Biscayne Bay.
Read More
ROVR Development Gearing Up To Break Ground On Grand Station Tower In Downtown Miami This Year
ROVR Development, led by Oscar Rodriguez and Ricardo Vadia, is gearing up to break ground on Grand Station Tower at 40 NW 3rd Street in Downtown Miami after first applying for construction permits in March 2018. Grand Station will rise 31-stories, 322’, and will feature 300 apartment residences and 5,000 SF of retail.
Read More
The Perkins + Will-Designed Kenect Miami Revealed At Miami Worldcenter
The Chicago-based Akara Partners has revealed their plans for Kenect Miami at Miami Worldcenter. The Perkins + Will and Stantec-designed tower will feature two towers, one rising 39-stories, 410’, and a second rising 79-stories, 810’.
Read More
The Choeff Levy Fischman-Designed 224 Bal Bay Drive Breaks Records In Bal Harbour With $24 Million Sale
224 Bal Bay Drive has closed for $24 million after being listed on February 8, 2019 for $24.95 million with Dina Goldentayer of Douglas Elliman. The home was on the market less than 5 months before closing to an undisclosed buyer represented by Sandra Debuire of Coldwell Banker.
Read More
Lil Pump Drops $4.6 Million On LF Development's 1510 Bay Drive On Miami Beach
Rapper Lil Pump has dropped $4.89 million on LF Development’s project at 1510 Bay Dr. Miami Beach, FL which was completed in April and listed with Luis Dominguez and Karl Hueck of Douglas Elliman.
Read More
HFF Secures $550M Loan For Expansion Of Luxury Retail Destination Bal Harbour Shops
Holliday Fenoglio Fowler, L.P. (HFF) has announced that it has arranged $550 million in financing for the expansion of the iconic Bal Harbour Shops, a 463,114 SF, open-air, fully leased global, luxury shopping destination anchored by Saks Fifth Avenue and Neiman Marcus along Miami Beach in Bal Harbour, Florida. The loan is one of the largest construction loans ever to close in Miami.
Read More
Magic City Innovation District Set To Transform Little Haiti After Receiving Final Approval
Magic City Innovation District (MCID), a 17.7-acre Innovation District in Miami’s Little Haiti and Little River neighborhoods, has received a unanimous final approval from the Miami City Commission. MCID spans 6 city blocks and intends to redevelop the Little Haiti and Little River neighborhoods to create a walkable, campus-like neighborhood where individuals from all demographic backgrounds can enjoy a high-quality live, work, play lifestyle. With an emphasis on technology, sustainability, health and wellness and art and entertainment, MCID will contribute to the economic vitality of the area and enhance the appeal of the community.
Renovations and construction commenced in August 2018 on 17 of MCID’s 21 commercial buildings. The project's first phase of commercial development features 200,000 SF of leasable space spread through several modernized warehouses. Designs for the commercial spaces, which range from 300 to 14,000 SF, are spearheaded by a variety of local design firms, including McKENZIE and ELM Architects. MCID anticipates being ready to receive office, retail and other commercial tenants as early as September 2018. Metro 1 is overseeing lleasing efforts for the 17 spaces, geared toward creative-style tenants that align and shape MCID’s atmosphere and further promote foot and auto traffic throughout the neighborhood. The developers will also contribute $31 million to the Little Haiti Revitalization Trust which will be overseen by the city
When complete, the Magic City Innovation District Will feature 3.8 acres of public civic space, 2.18 acres of landscaped pedestrian promenade dubbed the Promenade du Grand Bois, 2,630 residential units, 1,987,686 SF of office, 101,669 SF of expo space, 432 hotel rooms, 344,538 SF of retail, and 6,081 parking spaces. The first 4 tenants to commit to MCID were revealed in Sprinf 2019 including Diana Lowenstein Gallery, Manmar Entertainment (marketing), Ecovie (recycling start-up), and COOL Creative (advertising).
