Full demolition permits have been issued for a low-rise commercial structure at 90 Southwest 8th Street in Brickell, Miami. Built in 1971, the building spans 45,465 square feet and is tucked in the southeast corner of the junction between Southwest 1st Avenue and Southwest 8th Street. The interior lot is approximately 21,210 square feet and bordered by multiple high-rise structures including the 48-story Soltair Brickell Apartments on the east and the 30-story Brickell Bayview Center on the south. Gazit Horizons Brickell LLC, an entity linked to Tel Aviv-based real estate magnate Gazit Globe, is the owner of the application.
90 Southwest 8th Street sits directly across the street from Brickell City Centre and the nearest forms of public transportation are the Brickell train stations for the Metromover and Metrorail. Newgard Development Group’s development site for Lofty Brickell is two blocks north from the property.
The application for the demolition permit was first created on February 18th earlier this year and finally approved on October 26th. Several years ago, Gazit had wanted to redevelop the site to give rise to a 48-story mixed-use tower, which is the maximum floor count it is zoned for due to its proximity to public transportation. According to The Next Miami, the developer intends to move forward with the plans and is pursuing approvals from Miami-Dade County instead of the City of Miami to build as dense a tower as permitted. Renderings below depict Gazit’s initial vision for the property.
Gazit Globe, a leading global real estate company, operates in the United States through wholly-owned Gazit Horizons, with a focus on the ownership, development, and management of income-producing mixed-use properties in high-density urban cities.
The BG Group of Boca Raton is listed as the demolition contractor, costing the developer nearly $140,000 for the work.