Monarc At Met 3 Listed For Sale In Downtown Miami

 Monarc At Met 3

Monarc At Met 3

The 32 story Monarc At Met 3 located at 201 SE 2nd Avenue in Downtown Miami is listed for sale and could sell for over $200 million, according to The Real Deal.

Monarc at Met 3, with 462 apartment units, was developed by ZOM Living and completed in April 2016 after beginning construction December 2012.

ZOM Living purchased the air rights from MDM Group to build Monarc at Met 3, which also sits above a parking garage and a Whole Foods.

Construction photos of Monarc at Met 3 can be viewed here.

Habitat Group To Build 36 Story Mixed Used Building In West Brickell

 143 SW 9th Street in West Brickell

143 SW 9th Street in West Brickell

Habitat Group has purchased a 30,000 square foot lot in West Brickell located at 143 SW 9th Street, for $14.5 million, according to The Real Deal.

Currently on the site is a 5 story apartment building built in 1968. Habitat Group plan to demolish the building a build a 36 story building with 108 luxury condos, 60 hotel rooms and 12,000 square feet of ground level retail.

Construction is expected to begin within two years.

Cocowalk Completely Demolished - Construction To Begin Soon On One Cocowalk

 Cocowalk in Coconut Grove

Cocowalk in Coconut Grove

After starting demolition in May, the Eastern building of Cocowalk is completely torn down, including the main rotunda that used to be in the middle.

The Eastern building is where there used to be a Hooters Restaurant on the third floor and a Duffy’s Sports Grill on the second floor.

Soon to rise will be One Cocowalk, a 5 story class A office building with 73,000 square feet of space.

Previous Cocowalk demolition photos can be viewed here.

A Look At The Former Miami Herald Building Site

Built in 1963, the Miami Herald Building started to be demolished in April 2014 after being purchased by Genting Groupfor $236 million in 2011 before being completely torn down in March 2015.

Since that time, Genting had plans to built a mega resort with hotels, condos and a casino and at one point there was talk that they would try and sell the land. A 36 story hotel with 300 rooms was approved in April 2017, at the current bus terminal, but activity has not started on that.

Since the Miami Herald Building next to Biscayne Bay has been torn down, the site has sat vacant aside from Art Basel events every year in December.

Miami Herald Building Photos

Canvas Miami Almost Ready To Open

 Canvas Miami

Canvas Miami

Located in Miami’s Arts & Entertainment district, the 37 story Canvas Miami is almost ready to open to residents.

Construction began in April 2016 and started going vertical July 2016 before topping off in August 2017.

With 513 residential units, Canvas will have a 6,000 square foot rooftop restaurant and ground level retail.

Canvas was developed by NR Investments.

Previous construction photos of Canvas can be viewed here.

Melo Group's Art Plaza Reaches 24th and 18th Floor Of Construction

 Art Plaza Under Construction

Art Plaza Under Construction

The under construction Art Plaza in the Arts & Entertainment district continues to rise quickly as the East Tower has reached the 24th floor and the West Tower reaches the 18th floor. Both towers will top off at 34 stories.

When we last looked mid July construction was on the 14th and 9th floor and the first glass was being installed. The glass installation is continuing on the lower floors with the exterior of the building starting to get painted.

At this pace, both towers should be topped off before the end of 2018.

Art Plaza will have 667 units with 15,000 square feet of commercial space.

Previous construction photos of Art Plaza can be viewed here.

Megacenter Brickell Under Construction

 Megacenter Brickell

Megacenter Brickell

After being proposed in June 2016, Megacenter Brickell in now under construction just West of I-95.

At the 420 SW 7th Street location at 12 story self storage and office space will be built, while the 427 SW 8th Street location will have a 9 story apartment building with 57 units.