Florida Polytech University hopes to break ground on a new engineering building in spring 2024. The 40,000-square-foot venture, named the “Gary C. Wendt Building,” will cost $15 million to complete, per the Tampa Bay Business Journal.
Real estate revolutionary and president of Black Lion, Robert Rivani, just acquired the coveted 6,500-square-foot ground floor restaurant space at the prestigious One Thousand Museum by Zaha Hadid for $6.4 million. This restaurant space is the only one in the 62-story luxury residential high-rise, developed by Louis Birdman, Gilberto Bomeny, Gregg Covin, and Kevin Venger, and home to high-profile owners including David & Victoria Beckham, David Grutman, Marc Anthony, billionaire Anthony Hsieh, and actress Sela Ann Ward. Rivani’s off-market purchase marks Black Lion’s first deal in the Downtown area. This beacon completes the company’s portfolio of trophy properties from Wynwood and Brickell down to Miami Beach.
Miami’s oldest Presbyterian church has been given clearance to move forward with the $240 million sale of 2.2-acres of land at 609 Brickell Avenue, one of the last remaining waterfront sites in Brickell. The Permanent Judicial Commission of the General Assembly of the Presbyterian Church, the highest governing body of the religious institution, sided with church leaders and members in favor of selling the land for redevelopment purposes. Miami-based investment and development firms 13th Floor Investments and Key International are planning an 80-story condominium tower designed by Sieger Suarez Architects (Sieger Suarez) that could become a supertall fronting Biscayne Bay. The developers and church leaders are reportedly finalizing the sale contract for the prime development site.
Permits have been filed for site and soil improvements at 77 Southeast 5th Street, where Miami-based Related Group plans on building a 47-story tower residential tower with 506 apartments. Also know as One Brickell Tower II, the 478-foot-tall structure would be one of three to rise within the One Brickell mixed-use development fronting the Miami River. John Moriarty & Associates is listed as the contractor, and the scope of work is estimated to cost $1.5 million. Isley Barajas of the Related Group is listed as the owner/applicant for the permits, filed on August 9, 2022.
Miami-Dade County has initiated a Request For Proposals to enter into a long-term public-private partnership to redevelop 17 contiguous acres of County-owed land within the 28-acre Government Center District in Downtown Miami. The bidding process opened this past Tuesday for the redevelopment project, which the county branded as MetroCenter, and the property comprises 11 primary sites spanning multiple blocks west of the Government Center Metrorail Station and east of the I-95 Expressway. The chosen Master Developer will have the opportunity to lead the development of up to 23.7 million square feet of space which could include anywhere between 6,000 to 8,500 residential units mixed between affordable and market rates, educational facilities, transportation advancements, cultural amenities and open spaces, commercial spaces, hospitality spaces, and retail establishments. These uses would be spread throughout multiple structures that could rise 550 to 770 feet, with the objective of creating a seamless, active, self-sustaining, urban neighborhood.
