Baccarat Residences Miami

Related Group Nabs $164 Million Construction Loan For 506-Unit Rental Tower In Brickell

Charlotte, NC-based Truist Bank has issued a $164 million construction loan to Miami’s acclaimed condo king, the Related Group, for the first of three skyscrapers slated for a prime 3.9-acre development site along Brickell Avenue, south of the Miami River. Commonly referred to as One Brickell Tower II, the 47-story structure is reportedly planned to rise approximately 478 feet at 77 Southeast 5th Street and yield 506 rental apartments. Arquitectonica is the architect for the entire mixed-use development, which includes the planned 75-story Baccarat Residences Miami and an 82-story hotel and residential tower. John Moriarty & Associates is the general contractor for the tower, which is expected to begin construction next month.

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75-Story Baccarat Residences Miami Will Begin Vertical Construction This Fall

Vertical construction is expected to begin this fall for Baccarat Residences Miami, a 75-story luxury condominium tower planned for 99 Southeast 5th Street in Brickell, Miami’s Financial District. Designed by Miami-based international architecture firm Arquitectonica and developed by Related Group in collaboration with French luxury brand and fine crystal manufacturer Baccarat, the 848-foot-tall superstructure will yield approximately 806,326 square feet of space including 318 condominium residences, 8 penthouses, 28 riverfront flats and duplexes, 73,000 square feet of amenities and a 10,000-square-foot waterfront ground floor restaurant. New York City-based Meyer Davis is handling interiors and Enzo Enea is the landscape architect. John Moriarty and Associates of Florida Inc. is the general contractor.

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FAA Building Permits Filed For 897-Foot-Tall And 848-Foot-Tall Structures At Baccarat Site In Brickell

Applications for building permits have been submitted to the Federal Aviation Administration (FAA) for two structures at Related Group’s 3.9-acre development site in Brickell, Miami, where the developer plans the One Brickell waterfront-facing mixed-use complex with as many as three towers. The first set of permits reveal a filing for an 897-foot-tall structure, or 901-feet above sea level, specifically at 444 Brickell Avenue. A second set of permits were filed for an 848-foot-tall structure, or 852-feet above sea level, around the northwest corner of the site which is likely 99 Southeast 5th Street. Both permit applications were created and filed on July 15, 2022 and are now under review by the FAA.

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Foundation Permit Issued For 47-Story Residential Tower At 77 SE 5th Street In Brickell

A phased foundation permit has been issued to Miami-based real estate developer Related Group for a 47-story residential tower at 77 Southeast 5th Street in Brickell, Miami. According to a pending permit for vertical construction filed in December 2020, the plan for this development is a 478-foot-tall tower with 720,101 square feet of space including 506 multi-family rental units. The project is going by the name of One Brickell Tower II for the time being, and is designed by Arquitectonica. John Moriarty & Associates of Florida Inc. is listed as the general contractor. The permit was approved on June 2, 2022, and Related will have until November 29, 2022 to complete foundation work.

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