Condo

One Thousand Museum Can Now Move Forward After Lawsuit Resolved

One Thousand Museum Site

One Thousand Museum Site

ExMiami is reporting that a lawsuit between Marc Roberts, who manages 1000 Biscayne Miami LLC and BP gas station has been resolved. 

Roberts had agreed to buy the gas station for $26.6 million in 2007, but failed to close the deal in 2010. 

One Thousand Museum developers under the 1000 Biscayne Tower LLC company can now close on the station with a sale price between $27 million and $60 million.

One Thousand Museum is designed by world renowned architect Zaha Hadid. Construction is expected to start by the end of 2014 or early 2015.

The Crimson Construction Photos

The Crimson Construction Site

The Crimson Construction Site

At a height of 202 feet and 18 floors, The Crimson will hold 90 condo units and is located in the Edgewater district next to the Icon Bay and Bay House.

The developer is MCKafka Development and the architect is IDEA.

Construction began in December 2013.

Below are construction photos.

Bay House Construction Photos

Bay House Construction Site

Bay House Construction Site

Located at 600 NE 27th St., Bay House is located in the emerging Edgewater district of Miami. 

Developed by Melo, who also constructed the almost completed Flagler on the River, Bay House will be 36 floors and consist of 361 feet. Melo architecture designed the project. 

Groundbreaking began in October 2013 and is expected to be completed by December of 2014.

Construction photos of the project below.

Biscayne Beach Construction Photos

Biscayne Beach Construction Site

Biscayne Beach Construction Site

Biscayne Beach is another condo being developed in the Edgewater district of Miami and is located right off of Biscayne Bay.

The project will be 51 stories and contain 399 units. Biscayne Beach is being developed by GTIS Partners and Eastview Development. 

Construction began in April 2014. 

Below are construction photos.

Icon Bay Construction Photos

Icon Bay Construction Site in Edgewater

Icon Bay Construction Site in Edgewater

Located 460 NE 28th St., Icon Bay is a condo developed by The Related Group in the emerging Edgewater district of Miami. 

Designed by Arquitectonica, Icon Bay will have 42 floors with a total height of 457 feet and will feature spectacular views of Biscayne Bay and Miami Beach. Plaza Construction is the contractor for the project.

Groundbreaking began in March 2013 and is expected to be completed by Spring of 2015. 

Below are current construction photos of Icon Bay.

Capital at Brickell Site Still For Sale

For Sale Sign at Capital at Brickell

For Sale Sign at Capital at Brickell

Located near the western edge of Brickell, Capital at Brickell was supposed to consist of two towers that would be residential, office and retail space. The two towers were going to rise 53 and 57 stories. However, the buildings fell victim to the recession in 2008 and construction never got started. 

While the 2.78 acre land sat empty for a few years, two Mexican Developers, Cabi Developers and Brickell Central were fighting for control of the land.

In 2013, CBRE began marketing the site for sale. Because of the location and the rapid development in Brickell the land was expected to exceed $100 million for bids. The current site is approved for 1.3 million square feet, but under the 2010 Miami 21 zoning code the new developer is allowed to expand to 3.2 million square feet. 

The land is still for sale and is currently listed under CBRE's available listings. 

Chetrit Group Acquires Finnegan's on the River Bar

Site For Planned Riverfront Condos

According to SFBJ, New York developer Chetrit Group has bought the Finnegan's on the River bar located on the Miami River next to I-95 for $11.5 million. 

In May, the Chetrit Group unveiled plans for four 60 story condos that would have 1,449 units and include office space, retail and restaurants.