Babcock Ranch is a “new town” development taking shape in Southwest Florida. At full buildout, the venture will span 18,000 acres and yield more than 19,500 homes. Now, Florida YIMBY has learned of an exciting development regarding this massive venture.
Key International and Sterling Bay have filed for FAA permits for 848 Brickell, a 51-story Class A office and retail tower in Miami’s Brickell neighborhood. Designed by Skidmore, Owings, & Merrill (SOM), the project’s permits were filed on June 27, 2024, and are currently under review, with the status showing “work in progress.” The structure is planned to reach 764 feet above ground, or 775 feet above mean sea level.
33 Alhambra ProCo, LLC, an affiliate of a joint venture partnership between local developer MG Developer and Peru-based VYV, has submitted plans for an 8-story mixed-use development known as Alhambra Parc, also referred to as 33 Alhambra, in Coral Gables. The project aims to develop the 1.12-acre site at 33 Alhambra Circle, which was acquired in 2022 for $19,250,000. The proposed 104-foot-tall structure would yield a total floor area ratio of 170,694 square feet, comprising 78 residential units, 28,400 square feet of commercial space, and 151 parking spaces. Bellin Pratt & Fuentes Architects is responsible for the design of the Mediterranean-style building, set to be reviewed by Coral Gables’ Development Review Committee on May 31.
Miami is poised to further cement its reputation as an international hub for culinary innovation and vibrant nightlife by introducing Villa One Tequila Gardens at Miami Worldcenter, the $6 billion mixed-use behemoth revitalizing the city’s urban core. Co-founded by Nick Jonas and menswear designer John Varvatos, Villa One Tequila promises to bring Mexico’s finest tequila and mezcal offerings to the heart of Downtown Miami, coupled with Baja-style Mexican cuisine, creating an exotic escape for locals and visitors alike.
Key International, led by Diego and Inigo Ardid, has announced Sterling Bay, a national real estate development firm known for its pioneering approach to developing award-winning creative offices, as the co-development partner of 848 Brickell, a 761-foot-tall Class A creative office and retail tower proposed in Miami’s Brickell neighborhood. Sterling Bay joins Key International in developing plans for this project, which, under zoning approval by Miami-Dade County, will soar 51 stories in the heart of Miami’s bustling Financial District.
