Miami

Miami River. Designed by Kobi Karp.

Chetrit Group Lands $310 Million Loan From Madison Realty Capital For The Kobi Karp-Designed 6.2-Acre Miami River Mega Project

The Chetrit Group’s vision for the 6.2-acre Miami River may finally come to fruition after landing a loan to begin construction. The New York City-based developer was granted $310 million in financing from Madison Realty Capital for the first two phases of the 4.2 million-square-foot mega project in Brickell, which is comprised of building the first of four towers and the additions and improvements to the riverwalk. The deal was arranged by Henry Bodek of Galaxy Capital Group, and is collateralized by the land for the last three phases. Kobi Karp is the architect for development, which will ultimately yield 1,928 residential units, 330 hotel rooms, 196,882-square-feet of retail space, and 98,040-square-feet of office space across multiple glass-clad towers along with boat slips, an outdoor theater, a residents lounge, a business center, a state-of-the-art gym, a pool, and a café.

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Lofty Brickell Receives Height Increase And Design Changes In Newly Revealed Renderings

New renderings has been released to the public of Lofty Brickell, a short-term rental tower being planned for 99 Southwest 7th Street – a prime location facing the Miami River in Brickell. Arquitectonica remains as the design architect for the building, which based on the renderings has been increased to nearly 50 stories, up from the previously planned 37-stories. The rendering of the tower facing southeast towards the Metrorail bridge was first posted in a paid advertisement from The Real Deal with details on unit pricing. Newgard Development Group is developer behind the efforts to redevelop the site, which will eventually give rise to three towers.

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Final Touches Underway For Moinian Group’s 43-Story Bezel At Miami Worldcenter

The final touches are underway at Bezel, a 43-story mixed-use building located within the 27-acre Miami Worldcenter Complex in Downtown Miami’s Park West district. Designed by Stantec and developed by New York City-based Moinian Group in collaboration with ZOM Living, the  493-foot-tall structure nears completion, addressed as 650 Northeast 2nd Avenue and yielding 434 residential units with ground floor commercial space. The project is scheduled to open to residents on December 15th as leasing efforts are well underway.

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YIMBY Scopes Views Of The 62-Story One Thousand Museum In Downtown Miami

YIMBY recently took an exterior walk-through around one of Miami’s most prestigious residential developments, One Thousand Museum, a 62-story ultra-luxury condominium tower located at 1000 Biscayne Boulevard in the Park West district of Downtown Miami. Completed in 2019, the 707-foot-tall structure is designed by the late Zaha Hadid, founder of London-based Zaha Hadid Architects, and developed by 1000 Biscayne Tower LLC, a joint venture between developers Louis Birdman, Gilberto Bomeny, Gregg Covin and Kevin Venger. Standing as the current fifth tallest tower in Miami, the building spans over 950,000 square feet and yields 84 museum-quality residences including duplex townhomes, half-floor residences, full-floor penthouses, and a single duplex penthouse.

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Related Group’s 321-Foot-Tall ‘The Gallery At West Brickell’ Is Submitted To The FAA

The Federal Aviation Administration has received applications seeking approvals for The Gallery at West Brickell, a 321-foot-tall mixed-use project planned for 201 Southwest 10th Street in West Brickell, Miami. Designed by CM Design & Development and developed by Miami-based Related Group along with Miami-Dade County, the project would rise 29 stories at the northwest corner of Southwest 2nd Avenue and Southwest 10th Street, and yield approximately 465 income-restricted residential units, 2,238 square feet of office space, 2,338 square feet of retail and up to 529 parking spaces. The applications for the height approvals were submitted on October 28, 2021.

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