Brickell

60-Story ‘Summit Brickell’ Gets FAA Clearance To Rise 765 Feet Above Ground

8:00 am on May 23, 2024 By Oscar Nunez

Summit Brickell, a planned mixed-use development at 1015 Southwest 1st Avenue in Miami’s Brickell neighborhood, has recently secured Federal Aviation Administration (FAA) approval. Filed on April 5 and swiftly approved on May 21, the tower is approved to rise 765 feet above ground or 769 feet above sea level at its highest point. Designed by Corwil Architects and developed by Lore Development Group—a joint venture between Brazilian billionaire Daniel Dantas’ Opportunity investment firm and Leste Group—the 60-story structure will encompass a total floor area ratio (FAR) of 717,740 square feet. It will feature 500 residential units, 1,583 square feet of commercial space, and 500 parking spaces.

Foundation Permit Application Filed For One Twenty Brickell Residences At 120 SW 8th Street In Brickell, Miami

8:00 am on May 17, 2024 By Oscar Nunez

A foundation permit application has been filed for One Twenty Brickell Residences, a 34-story residential tower planned for construction at 120 Southwest 8th Street in Brickell, Miami. Designed by Sieger Suarez Architects with interiors by Cotofana Designs and developed by Property Markets Group (PMG), this new development will feature 240 fully furnished residences, each delivered with its own deeded office suite and over 60,000 square feet of amenities. The foundation permit application was filed with Miami-Dade County on April 30, with no contractor yet named.

FAA Permits Issued For 39-Story Mixed-Use Tower At 128 SW 7th Street In Brickell, Miami

8:00 am on May 9, 2024 By Oscar Nunez

The Federal Aviation Administration (FAA) has issued permits for a 39-story mixed-use building planned at 128 Southwest 7th Street in Miami’s Brickell financial district. Designed by Gensler, developed by Focus Development Inc (Focus) and tentatively dubbed Miami Starlite, the development is projected to yield 685,710 square feet of space. This includes 517 residential units, 8,282 square feet of retail space, and indoor parking for over 500 vehicles. Focus acquired the site for $28 million in November 2022. Previously the location of Brickell’s former Starlite East Motel, the property is a thru-block site with frontage on Southwest 8th Street and bound by the AC Miami Hotel on the east and the City Heights apartment tower on the west.

Miami-Dade County Reviewing Proposal For 23-Story Babylon Racquet Club At 240 SE 14th Street In Brickell, Miami

8:00 am on May 7, 2024 By Oscar Nunez

Bay Racket Club, LLC, led by William Jacome and Orlando Medellin, has submitted a pre-application for developing the Babylon Racquet Club, a 23-story mixed-use building planned at 240 Southeast 14th Street in Brickell, Miami. Positioned on a pie-shaped lot approximately 19,164 square feet (0.439 acres) in size, where SE 14th Street meets Brickell Bay Drive along Biscayne Bay, the project is designed to become downtown Miami’s premier racket sports and health/wellness center. The building aims to serve as a central recreational hub featuring indoor sports courts, a gym, a wellness center, dining facilities, hotel accommodations, and residential units. Rotterdam-based MVRDV is the design architect, with ODP Architecture & Design acting as the architect of record. The pre-application was filed on April 24 and is progressing through the approval process with Miami-Dade County.

Forman Capital Funds $54.56 Million Construction Loan for Condominium-Hotel Development in Miami’s Financial District

8:00 am on April 9, 2024 By Oscar Nunez

Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, provided a $54.56 million construction loan to the developer of a condominium-hotel project in Miami’s Brickell Financial District. The 12-story, 172-unit Domus Brickell Park, designed by Zyscovich Architects with Urban Robot Associates as the interior designer, will bring a new condo-hotel brand, Domus FLATS (Flexible Apartments for Temporary Stays), to the market and fill a void for flexible ownership product.

Aria Development Group, Largo, And Place Projects Announce Groundbreaking Of 2200 Brickell

8:00 am on March 21, 2024 By Oscar Nunez

Aria Development Group, Largo, and Place Projects have announced the official groundbreaking of 2200 Brickell, a luxury 5-story residential development at 2200 Brickell Avenue in the heart of Miami’s Brickell neighborhood. Designed by Revuelta Architecture International, with interiors by the award-winning team at ODA New York, this building will offer 105 condominiums and garden villas. These range from one to four bedrooms and span 1,200 to 2,100 square feet. Ortega Construction Company is the general contractor, with completion slated for 2026.

JDS Development Partners With Mercedes-Benz for Branded 67-Story Condo Tower in Brickell, Miami

8:00 am on February 27, 2024 By Oscar Nunez

Merely two months following the grand reveal of its first foray into real estate in Dubai, Mercedes-Benz is now casting its visionary blueprint across the shores of the United States. Miami, a city synonymous with a vibrant tapestry of culture, iconic sandy stretches, and an ever-evolving skyline, is poised to embrace a significant new landmark. In an ambitious leap, Mercedes-Benz Places Miami emerges at the forefront of architectural innovation, a 67-story edifice perched at 1 Southside Park within the pulsating heart of Brickell. This initiative heralds a collaborative genius between the esteemed JDS Development Group and the illustrious automotive giant Mercedes-Benz. Together, they are sculpting a future where luxury living transcends conventional bounds, ushering in a new era of urban elegance and a commitment to sustainability that seeks to redefine the architectural and environmental paradigms of Brickell.

Brickell’s Tallest Tower, Cipriani Residences Miami, Breaks Ground At 1420 South Miami Avenue

8:00 am on February 26, 2024 By Oscar Nunez

Moss Construction marked a pivotal moment in the transformation of Brickell’s skyline with the groundbreaking of Mast Capital’s Cipriani Residences Miami on February 13. This event heralds the rise of what is set to become Brickell’s tallest edifice, reaching an impressive height of 950 feet above ground level. Designed by the esteemed Arquitectonica with interiors by 1508 London., the development will tower over 1420 South Miami Avenue as an 84-story, nautical-inspired skyscraper. It is slated to house a collection of 397 residences featuring lavish penthouses complete with private pools.

40-Story ‘Santander Tower’ Planned For 1401 Brickell Avenue In Miami’s Financial District

8:00 am on February 16, 2024 By Oscar Nunez

On February 21, Miami’s Urban Development Review Board is scheduled to review the filed plans for Santander Tower, a visionary project at 1401 Brickell Avenue in the Brickell financial district. This 40-story office building, targeting LEED Platinum certification, is designed to redefine Miami’s skyline and urban experience. The development, designed by Handel Architects from New York with structural engineering by DeSimone Consulting Engineers and interior design by Bernardi + Peschard Arquitectos, aims to introduce 612,918 square feet of premium Class A office space. Developed by Services and Promotions LLC, an affiliate of Santander Bank, with project management and advisement by the Rilea Group, the tower aspires to a commanding presence at 765 feet above ground and 778 feet above sea level. Its redevelopment plan includes office spaces and extensive retail and food/beverage activation areas across the ground and upper podium levels, emphasizing ground-level engagement and vibrant streetscapes. Cosentini Associates is the MEPFP engineer, Langan is the civil and geotechnical engineer, Rios is the landscape architect with LandDesign as the landscape architect of record, and Socotec is the building envelope consultant.

Record-Breaking $600 Million Loan Secured For 80-Story Cipriani Residences Miami Ahead Of Groundbreaking

8:00 am on February 9, 2024 By Oscar Nunez

Mast Capital, a Miami-based real estate developer, is gearing up to begin construction on Cipriani Residences Miami following robust sales activity. The developer has secured a record-breaking construction loan of $600 million from Mexico’s Banco Inbursa and Ascendant Capital Partners, the largest amount ever obtained for a single-tower residential construction in Florida. The considerable loan, consisting of $350 million from Banco Inbursa and $250 million from Ascendant Capital Partners, highlights the strong market confidence in the project, driven by its sought-after design, amenity offering, and prime location in the Brickell neighborhood.

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