Downtown Miami

400 Biscayne Secures $161.5M Construction Loan

400 Biscayne Site

400 Biscayne Site

400 Biscayne has secured a $161.5 million construction loan for the 49 story tower in Downtown Miami, according to The Miami Herald.

Developed by Property Markets Group and Greybrook Realty Partners, 400 Biscayne had the groundbreaking in June.

400 Biscayne will have 646 rental apartments and 51,000 square feet of commercial space.

43 Story Luma Miami Worldcenter Going Vertical

Luma Miami Worldcenter

Luma Miami Worldcenter

At the end of last month, the 43 story Luma Miami Worldcenter had its foundation pour and is in the process of going vertical. Last month two cranes were installed on the site.

Luma Miami Worldcenter is the third tower in 27 acre Miami Worldcenter site to go vertical. Caoba Miami Worldcenter was completed early this year and Paramount Miami Worldcenter was recently completed.

With 434 apartment units, Luma Miami Worldcenter is being developed by ZOM Living and Moinian Group and designed by Stantec.

TBT - Miami Worldcenter To Break Ground This Quarter

Miami Worldcenter Site Towards Downtown

Miami Worldcenter Site Towards Downtown

TBT (August 10, 2015) - 4 years ago the Paramount Miami Worldcenter Site was getting prepared for foundation work. The 60 story building would start to go vertical November 2016 and eventually be completed in July 2019.

Miami Worldcenter in expected to break ground on the site this quarter, according to The Next Miami. 

After expecting to break ground at the end of 2014, Miami Worldcenter has been delayed, but demolition crews have already started tearing down some buildings to get the site ready. 

Construction is expected to take 36-38 months with the first phase to include The Mall at Miami Worldcenter, Paramount Condo Tower and a ZOM rental tower. 

A Look At The Almost Completed 64 Story Brickell Flatiron

Brickell Flatiron

Brickell Flatiron

The 64 story Brickell Flatiron is getting the final touches put on the building as it nears completion.

Groundbreaking began March 2016 before topping off in February of this year. A year ago, construction was just reaching the 49th floor.

Previous construction photos of Brickell Flatiron can be viewed here.

TBT - A Closer Look At Sou Fujimoto's Palm Court In The Design District

Palm Court Under Construction In The Design District

Palm Court Under Construction In The Design District

TBT (August 19, 2014) - Palm Court was still under construction in the transforming Design District before eventually opening in December 2014. The Design District eventually expanded to include Paradise Plaza, which opened in May 2018.

Since we last looked at the Design District expansion, the area has progressed rapidly, especially Palm Court.

Part of the new development in the Design District is the addition of the Paseo Ponti walkway which will connect all the retail and restaurants between 38th St. to 42nd St. At the southern most tip of the Paseo Ponti walkway is the Palm Court. 

Palm Court will be a mixed used retail area that is highlighted by a two floor glass structure designed by Japanese architect Sou Fujimoto. The blue glass structure was inspired by waterfalls and Miami's rain. The glass fins will go from the rooftop all the way down to the courtyard floor and is visually stunning to look at. 

Along the the glass "waterfall," the centerpiece of Palm Court will be Buckminster Fuller's 24 foot "Fly's Eye Dome." The glass dome will sit atop a round opening that will lead people to the underground parking below all the retail shops.

On the second level of Palm Court will be a 5,000 square foot event space designed by Aranda/Lasch that will have folding hardwood doors to create an indoor/outdoor environment. 

Palm Court is expected to be completed by the end of 2014/early 2015.

Brickell Flatiron Nearly Completed

Brickell Flatiron

Brickell Flatiron

The 64 story Brickell Flatiron is putting the final touches on the building as temporary certificate of occupancy should be issued soon.

The foundation pour started on the building in January 2017 and started going vertical February 2017. In August 2018 the building reached the 49th floor before finally topping off in February of this year.

Previous construction photos of Brickell Flatiron can be viewed here.

176 Foot Ferris Wheel Approved For Miami's Bayfront Park

Bayside Ferris Wheel

A 176 foot ferris wheel has been approved by the Miami Planning and Zoning Board to be located Bayfront Park.

The ferris wheel would be near SkyRise Miami and feature LED lights on the outside of the wheel. It would also have 42 enclosed pods for a ride that would take 15 minutes.

A 650 foot ferris wheel that would cost $350 million was also proposed back in December 2014.

The plan is the have the ferris wheel operating before the Super Bowl February 2020.