Foundation Permits Filed At Island Gardens

September 02, 2016 in Flagstone, Miami, Watson Island, Island Gardens

After starting work on a new seawall and the dredging of Biscayne Bay for Deep Harbour Marina in 2015, Flagstone Property Group has applied for foundation permits for Island Gardens, according to Miami Today.

The foundation permit will allow for the construction of more permanent structures for Deep Harbour Marina, a fish market and a portion of the retail.

The Deep Harbour Marina opened earlier this year and can hold 50 super yachts up to 550 feet in length.

Flagstone Property Group hopes to start work on the main resort in 2017 on the city owned 6.5 acre site.

Miami-Dade Commonwealth Building Looking To Add 10 More Floors

September 01, 2016 in Downtown Miami, Miami, Miami-Dade Commonwealth

The Miami-Dade Commonwealth Building located at 139 NE 1st Street in Downtown Miami was sold for $9.2 million in November 2015. The 43,265 square foot 7 story building was purchased by Immocorp Capital and Wynwood with plans to restore the building.

Originally built in 1925 at 17 stories, the Miami-Dade Commonwealth building was badly destroyed in a hurricane in 1926, which reduced the building down to 7 stories after restructuring.

The developer, now under the name Dream Downtown Miami, wants to restore the façade of the building and add 10 stories for a total of 98,574 square feet that would include a rooftop pool.

The architect on the project is RJ Heisenbottle Architects.

Villa Magna Approved By FAA At 1,049 Feet

August 31, 2016 in Brickell, Florida East Coast Realty, Miami, MG Properties, Villa Magna

After submitting approvals at the beginning of the year, Villa Magna has been approved by the FAA with a height of 1,049 feet.

Villa Magna is 2.5 acre waterfront site located at 1201 Brickell Bay Dr in the Brickell district of Miami and is to be developed by Florida East Coast Realty and MG Properties Partners.

Florida East Coast Realty is currently developing the under construction Panorama Tower down the street, which will be 868 feet.