New construction permits have been filed for Baccarat Residences, a 73-story residential skyscraper located at 99 Southeast 5th Street in Brickell. The permit filing has revealed the structure will top out at 835-feet, and will contain 806,326 square feet of space including 796,326 square feet of space designated for residential use across 352 condominium units and 10,000 square feet of space for a restaurant. The corporation listed as the owner of the application is 444 Brickell Partners, LLC, an affiliate of the Related Group (Related) led by prolific real estate developer Jorge M. Perez, who is often referred to as the condo king of Miami. Related is developing the highly anticipated tower with SH Hotels & Resorts, who manages the Baccarat Hotel in New York. The building is designed by Miami-based international architecture firm Arquitectonica with lavish interiors by New York City-based Meyer Davis, and landscaping will be handled by Enzo Enea of Zurich-based Enea Garden Design. John Moriarty and Associates of Florida Inc. is listed as the general contractor.
The interior lot is located on the northern end of Miami’s Financial District and faces the Miami River, with Brickell Avenue bordering the East-end of the city block and the 42-story Brickell on the River condominium on the West. The permit application indicates the lot spans 96,620 square feet, or 2.22 acres, which was once improved with an architecturally insignificant 4-story office building from 1976 formerly addressed as 77 and 99 Southeast 5th Street. Total demolition permits were issued for the 102,620-square-foot structure back in 2020 and the job was carried out by The BG Group LLC.
Permit filing for 99 Southeast 5th Street. Photo from iBuild Miami.
Below are exterior and interior renderings of Baccarat Residences by ArX Solutions.
Baccarat Residences Miami. Rendering courtesy of the Related Group.
Baccarat Residences Miami. Rendering courtesy of the Related Group.
Landscaped Motor Court. Rendering courtesy of the Related Group.
Living Room. Rendering courtesy of the Related Group.
Kitchen. Rendering courtesy of the Related Group.
Balcony. Rendering courtesy of the Related Group.
Baccarat Residences is one of three towers that Related is reportedly going to build at the site, which also includes 444 Brickell Avenue. New construction permits for another tower of 47 stories at 77 Southeast 5th Street were filed back in December 2020, which remains under review by a private provider. This building would rise 478-feet and include 720,101 square feet of residential spaces across 506 units, likely rentals, with an estimated cost of $86,002,353. The 73-story Baccarat condo tower will cost approximately $241,612,503. Demolition permits have yet to be filed for 13-story office tower at 444 Brickell Avenue, where the third and final tower would rise.
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Safeline-FP would like to bid on all of your safety needs for this project. handrails, debris netting, fall protection ect.