Downtown Miami's New World Tower to Undergo $10 Million Renovation, To Become 100 Biscayne

Downtown Miami's New World Tower will undergo a $10 million from East End Capital and will be renamed 100 Biscayne. The redesign of the existing 30-story, 357-foot office tower will be headed up by Zyscovich Architects with interiors by MKDA. Renovations will include the lobby, façade, hallways, common areas, parking facilities, bathrooms, new amenity spaces with conference areas and fitness centers as well as upgrading the building to fiber connectivity. At the time of completion in the 1960's, New World Tower was the tallest building in Miami. East End Capital acquired the land for $84 million in fall 2016.

Saks Fifth Avenue is Considering Leaving Bal Harbour Shops Amid Approved Expansion Plan

Saks Fifth Avenue considering leaving Bal Harbour Shops after a recently approved expansion plan. The plan calls for $400 million of work including 430,387 SF of new retail space with a new flagship anchor location which is expected to become a Barneys New York. The existing Neiman Marcus location will also expand. The expansion plan is being designed by Zyscovich Architects and Whitman Family Development hopes to break ground by the end of 2017 with an expected completion in 2023. Saks Fifth Avenue's opposition to the plan comes amid the developer, Whitman Family Development's, lack of attention and possible expansion that was offered to the Saks location. Saks Fifth Avenue would also lose parking and be forced to rely on valet for customers.  Whitman Family Development also owns a minority stake in Brickell City Centre, where Saks Fifth Avenue also just opened up a flagship location. 

Eleven on Lenox Sales Gallery to Open in June As South Beach Continues to Develop

South Beach has long been one of the United State's most iconic zip codes, fusing culture, tourism and nightlife. Despite this, areas of South Beach have remained stale and stagnant to the development community until now. Developers have set their sites on the West Ave. pocket just west of Alton Road along Biscayne Bay from Lincoln Road through 5th Street. Serving to connect high-end neighborhoods of South-of-Fifth and Sunset Harbor, the strip has seen a real estate renaissance that has been marked by the introduction of several top brands and developments including 1675 Alton Road, a mixed-use development with retail and restaurants; Kimpton’s Hotel Palomar South Beach; The Lincoln Eatery; Trader Joe’s, which will open its first Miami Beach location at 17 West, a new mixed-use development with ground floor retail and loft-style apartments; 1671-1673 Alton Road, a soon-to-be redeveloped property with three ground-floor retail units and a second-floor loft space; a $5 Million renovation to the iconic Mondrian South Beach in which was recently taken under management by Menin Hospitality; 1212 Lincoln, a five-story mixed-use development that will feature a hotel, luxury retail and an indoor food court; and Baptist Health’s Urgent Care Facility; "Made in South Beach," a 501 unit rental community between Alton Road and West Ave; as well as Mondad Terrace, a luxury residential condo development from JDS Development Group, Jean Nouvel and Kobi Karp. Miami Beach has also set its sights an a major Lincoln Road redesign with the addition of enlarged sidewalks, more open space, water features and bike lands, further engraining its status as the social spine of Miami Beach. 

At the center of this exciting neighborhood shake-up will be Eleven on Lenox from Shoma Group. Eleven on Lenox will feature a collection of 11 "ocean-inspired beach homes" which match the "spirit of the coastal retreat, infused with the luxury, style and sophistication of a private home in one of the most desirable neighborhoods." The project will be located at Lenox Ave. and 15th Street. Townhomes will start at $2.9 million and range from 4,403 SF to 4,669 SF. The project is designed by Zyscovich Architects and interior design by Charles Allem. Residences will be three floors and future Gaggenau appliances, smart lighting system, Poliform kitchens, four parking spaces, private elevators, rooftop terrace, summer kitchen and a pool. Eleven on Lenox is walking distance from both Lincoln Road and the beach and will emerge residents in the heart of South Beach. The on-site sales gallery is expected to open in June. 

Check out our previous coverage on Eleven on Lenox including the release of their updated renderings by Charles Allem as well as our original coverage when the project when announced in October 2016.

Eleven on Lenox Coming to South Beach

Eleven on Lenox from Shoma Group will feature a collection of 11 "ocean-inspired beach homes" which match the "spirit of the coastal retreat, infused with the luxury, style and sophistication of a private home in one of the most desirable neighborhoods." The project will be located at Lenox Ave. and 15th Street. Townhomes will start at $2.9 million and range from 4,403 SF to 4,669 SF. The project is designed by Zyscovich Architects and interior design by Charles Allem. Residences will be three floors and future Gaggenau appliances, smart lighting system, Poliform kitchens, four parking spaces, private elevators, rooftop terrace, summer kitchen and a pool. Eleven on Lenox is walking distance from both Lincoln Road and the beach and will emerge residents in the heart of South Beach.