Commercial

Aetna Realty Unveils Conceptual Renderings For Two Towers At 22 East Flagler Street In Downtown Miami

8:00 am on November 1, 2022 By Oscar Nunez

Aetna Realty, a fully integrated New York-based real estate investment company, has unveiled conceptual renderings of a potential redevelopment of 22 East Flagler Street in Downtown Miami. The 1.65-acre property comprises two parcels situated along South Miami Avenue between East Flagler Street and Southeast 1st Street and was once home to a Macy’s and now defunct Burdines department stores. The property boasts over 500,000 square feet of commercial space with its current improvements, which are two 75-year old multistory structures connected via a sky bridge hovering over South Miami Avenue. According to Aetna Realty, the property is primed to become another one of their crown jewels with two soaring skyscrapers spanning 50 to 55 stories.

Savage X Fenty, lululemon, Ray-Ban & Posman Books Coming to Miami Worldcenter in Downtown Miami

8:00 am on October 29, 2022 By Oscar Nunez

Four retail concepts will be joiningthe already highly-anticipated roster of tenants slated to open at Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The development’s ownership has completed leases with disruptor brand Savage X Fenty to open its first Florida location, as well as global brands lululemon and Ray-Ban, and New York-based Posman Books. Miami Worldcenter’s newest retailers, which are anticipated to open in 2023, expand the exceptional lineup of recently announced tenants including two food and beverage concepts opening soon by Michelin-star Chef Michael Beltran, Brasserie Laurel and El Vecino; Chicago’s Maple & Ash and etta restaurants; Sports & Social, a dining and entertainment concept; as well as other nationally recognized brands including Sephora, Bowlero, and Lucid Motors.

Groundbreaking Date Announced For 1,049-Foot Supertall Waldorf Astoria Hotel & Residences In Downtown Miami

8:00 am on October 16, 2022 By Oscar Nunez

Today, national developer Property Markets Group along with Canadian private equity firm Greybrook Realty Partners, global investment company Mohari Hospitality, S2 Development, and global hospitality company Hilton proudly announce the official groundbreaking of Waldorf Astoria Hotel & Residences in Downtown Miami. Located at 300 Biscayne Boulevard, the soaring tower will rise 100 stories and 1,049 feet above Biscayne Bay, marking Miami’s first supertall tower and the tallest residential building south of New York City. This also marks the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Miami and South Florida market. John Moriarty Associates is the general contractor and is scheduled to break ground on Thursday, October 27, 2022.

Developers File Plans For 37-Story Mixed-Use Tower ‘The Edge’ At 456 NE 29th Street In Edgewater, Miami

8:00 am on October 13, 2022 By Oscar Nunez

On October 19, Miami’s Urban Development Review Board will consider plans for The Edge, a 37-story mixed-use building proposed to rise at 456 Northeast 29th Street in Edgewater, Miami. Designed by Kobi Karp Architecture & Interior Design Inc. alongside Dieguez Fridman Arquitectos & Asociados and developed by a joint partnership between New York City-based real estate developers SB Development and Hazelton Capital Group under the Edgewater Owner, LLC, the approximate 465-foot-tall structure would yield 467,921 gross square feet including nearly 200,000 square feet of residential space spread across 96 units, 5,373 square feet of commercial space and an enclosed parking garage with 135 spaces. Kimley-Horn is listed as both the landscape architect and civil engineer.

Sumaida + Khurana, Bizzi & Partners To Begin Leasing And Construction On ‘The Fifth Miami Beach’ In The Coming Months

8:00 am on October 12, 2022 By Oscar Nunez

Sumaida + Khurana and Bizzi & Partners, two internationally recognized real estate development firms, announced it will begin leasing and construction in the coming months for their new Class A+ office building designed by renowned Spanish master architect Alberto Campo Baeza alongside Cube 3 as the architect of record named The Fifth Miami Beach. This will be the first commercial building in the United States and the first building in Miami designed by Baeza, who won Spain’s National Prize for Architecture last year. It will also be the first new commercial building to be built in Miami Beach’s South of Fifth neighborhood in more than 15 years, located at 411 Michigan Avenue between 4th and 5th Streets. This summer, less than one year after acquiring the 21,000-square-foot site, Sumaida + Khurana and Bizzi & Partners received unanimous design approval from the Historic Preservation Board of Miami.

Alchemy ABR-Investment Partners Acquires Wynwood Development Site For 12-Story Luxury Residential Project

8:00 am on October 10, 2022 By Oscar Nunez

Alchemy-ABR Investment Partners (Alchemy) a fully integrated New York-based real estate development and investment firm, announced the acquisition of 18 NW 23rd Street in Miami’s Wynwood Arts District. The 36,079-square-foot property was purchased by Alchemy for $18,000,000 in a deal that closed on September 29, 2022. The mixed-use site will be developed into a 12-story luxury residential building with 186 units, multiple retail spaces, and a parking garage. Local architects Arquitectonica and MKDA have been commissioned to design the building with construction commencing in 2024.

Okan Tower Gets Slight Height Reduction In New FAA Filing, Permits For Tower Cranes Filed

8:00 am on October 9, 2022 By Oscar Nunez

An October 5th filing at the Federal Aviation Administration (FAA) reveals Okan Tower, the 70-story mixed-use skyscraper planned for 555 North Miami Avenue in Downtown Miami, has gotten a slight height reduction. New building permit applications show the massive tower would rise 893 feet, or 906 feet above sea level, a decrease of 9 feet from the previously planned 902 feet and 915 feet above sea level. The tulip-inspired tower is designed by Behar Font & Partners for developer Okan Group. It will be anchored by Hilton Hotel & Residences and yield 399 residential units mixed between condos and condo-hotel units, a five-star resort-hotel with 316 rooms, 67,588 square feet of Class A office space, and nearly 3,000 square feet of retail/commercial space. Civic Construction is the project’s general contractor, located on the southeast corner of the intersection between North Miami Avenue and Northeast 6th Street.

Fort Lauderdale’s DNA Towers Get Height Increase To 550 Feet In New FAA Building Permit Filings

8:00 am on October 7, 2022 By Oscar Nunez

The Federal Aviation Administration (FAA) received new applications for building permits to allow vertical construction for DNA Towers, a pair of mixed-use towers planned for 300 North Andrews Avenue at the border between Flagler Village and the Central Business District in Fort Lauderdale. According to the permit filings, the 40 and 45-story towers are now planned to rise 550 feet, or 555 feet above sea level, roughly 50 feet higher than the previous filing in May. Designed by Miami-based Seiger Suarez Architects with landscaping from EGS2 Corp and developed by Fort Lauderdale-based BH3 Management (BH3), the 1.4-million-square-foot development will comprise 612 residential units, roughly 60,000 square feet of experiential retail/commercial space, and a 7-story parking garage with 890 parking spaces.

JDS Development Seeks General Site Development Plan Approval From County Planners For 81-Story Mixed-Use Supertall 888 Brickell

8:00 am on October 5, 2022 By Oscar Nunez

Miami-Dade County’s Department of Regulatory and Economic Resources will consider the general site development plan resubmitted for 888, an 81-story supertall mixed-use skyscraper propped for 888 Brickell Avenue in the heart of Miami’s Brickell Financial District. Designed by Studio Sofield with ODP Architecture & Design as the architect of record and solely developed by Michael Stern’s JDS Development Group, the 1,048-foot-tall structure is planned to provide 1,178,568 square feet of space including 259 residential units, 52,144 square feet of health/fitness, 38,727 square feet of food and beverage, and 273 parking spaces operated by a valet. The application is pursuant to Section 33C-15 of the County Code of Ordinances for the Property, filed on October 4, 2022.

Black Lion Acquires Only Restaurant Space at Zaha Hadid’s One Thousand Museum for $6.4M

7:30 am on September 30, 2022 By Oscar Nunez

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.

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