12 Story Retail and Garage Planned For Brickell World Plaza Site

12 story Parking Garage Rendering

12 story Parking Garage Rendering

Plans have been revealed for a 12 story retail and parking garage on a surface parking lot at the Brickell World Plaza site, according to The Next Miami.

The building would have 23,168 square feet of restaurant space and 553 parking spaces. However, future plans in a second phase include a 904 foot tower with 360 hotel rooms and 134 residential units.

 

Coconut Grove Bank Near Completion

Coconut Grove Bank

Coconut Grove Bank

The Coconut Grove Bank is getting closer to completion and should be ready to open soon.

Once the new bank is open, the original six story Coconut Grove Bank, built in 1959, will be demolished to make way for One Park Grove. One Park Grove is expected to begin construction this Summer.

Two Park Grove and the Club Residences are only a few floors away from topping off.

Photos of the Coconut Grove Bank under construction in August 2016 can be viewed here.

Vice Reaches 18th Floor

Vice Construction

Vice Construction

The 31 story Vice rental tower in in Downtown Miami is rising quickly since we last looked in October 2016. 

The building with 464 rental units is currently at the 18th floor and at the halfway mark. Construction is progressing on the parking garage and the glass is being installed. 

Previous construction photos of Vice can be viewed here.

Hyde Midtown Tops Off

Hyde Midtown Topped Off

Hyde Midtown Topped Off

The 32 story Hyde Midtown located in Midtown Miami at 3401 NE 1st Ave has officially topped off on Friday February 24th. 

Developed by The Related Group and Dezer Development, groundbreaking on the project began in September 2015. Hyde Midtown was designed by Arquitectonica.

Hyde Midtown will have 60 hotel rooms and 410 residential units. Construction is expected to be completed by the end of the year.

Previous construction photos of Hyde Midtown can be viewed here.

Site For Vib Hotel In Edgewater Faces Foreclosure

Vib Hotel Site in Edgewater

Rebuild Miami-Edgewater LLC is facing a foreclosure lawsuit from a $34 million loan, according to The Real Deal. 

The 7.4 acre site, located on the corner of NE 2nd Ave and NE 17th St was purchased for $64 million in January 2015 with plans to build a Vib Hotel. The Vib Hotel would be 10 stories with 200 hotel rooms. 

Construction was supposed to break ground in November 2015.

7th Street Apartments Starting To Rise

7th Street Apartments

The 43 story 7th Street Apartments with 450 rental units is starting to rise between NE 1st Street and North Miami Avenue. 

CIM Group purchased part of the land for $28 million, which is included in the Miami Worldcenter site. A $89 million construction loan for the site was received in December 2016.

There will also be a second rental tower with the project that will have 413 rental units. Apartments will range from studios to three bedroom units. 

Construction is expected to be completed in the fall of 2018.

Construction on Paramount Miami Worldcenter has reached the 4th floor.

Paramount Miami Worldcenter Reaches 4th Floor

Paramount Miami Worldcenter

Paramount Miami Worldcenter

Since the concrete pour in October 2016, Paramount Miami Worldcenter has reached the 4th floor of the 700 foot building. 

Paramount Miami Worldcenter will have 513 residential units and 50% of the building is in contract. 

Construction is expected to be completed by 2018.