MiamiCentral Station Taking Shape

MiamiCentral Station Taking Shape

The MiamiCentral Station in Downtown Miami is taking shape since we last looked at the project in November 2016. The elevator shaft for the office building Two MiamiCentral is at 12 stories and will have 190,000 square feet of office space and 180,000 square feet of retail. Meanwhile on the other side, another office building, Three MiamiCentral, has all of its glass installed.

A $205 million loan was just recently secured for both the North and South Towers of the residential portion of the complex. The towers will have 800 rental units.

Service for the Brightline station is expected to start this Summer.

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A Look At The Ritz-Carlton Residences Miami Beach Construction

Ritz-Carlton Residences Miami Beach

Ritz-Carlton Residences Miami Beach

Slowly, but surely, the construction at the Ritz-Carlton Residences Miami Beach is coming along.

Previously, there were six separate buildings that have now been combined into one building that used to be the Miami Heart Institute. Most of the windows have been installed on the building and work is still being done on the parking garage. 

Previous construction photos of the Ritz-Carlton Residences Miami Beach can be viewed here.

Genting Proposes Hotel Over Bus Terminal

Omni Hotel Rendering

Omni Hotel Rendering

Genting has proposed building a 300 room hotel over the Omni Station bus terminal, according to The Miami Herald. 

County Commissioners approved the proposal giving Genting a 90 year lease for the public land. Part of the approval meant Genting will renovate the existing Metromover station on NE 15th Street. If the project gets built, then NE 14th Terrace would be permanently closed and the hotel would be built over a rebuilt bus terminal.

Genting Group purchased the surrounding 14 acre site for $236 million in 2011, which included the old Miami Herald building with plans to build a casino that never materialized. 

Omni Property Approved For T6-12 Zoning

1900 Northeast Miami Court

A 43,161 square foot lot has been approved by Miami's Planning, Zoning and Appeals Board on March 15th to allow a T6-12 zoning from T6-8. 

The property is located at 1900 Northeast Miami Court and currently there is a three story Charter School, which was built in 1923. A new Charter School was built across the street. The property was purchased in May 2016 for $6.6 million by Developers Damian Narvaez and Alex Karakhanian. 

The new approval allows for a 12 story building at 444,226 square feet and 358 units.

1010 Brickell Construction Updates

1010 Brickell Construction

1010 Brickell Construction

1010 Brickell is moving quickly towards a opening in the Summer of 2017. 

The hoist has been removed from the East side of the building and the base of the parking garage is being painted. Work is also progressing on the rooftop pool.

Construction began in November 2014 on the Sieger Suarez designed building in Brickell.

Previous construction photos of 1010 Brickell can be viewed here.

Two Wynwood Buildings Sold For $11M

295 NW 27th Street in Wynwood

Two buildings located at 285 and 295 NW 27th Street in Wynwood have sold for $11 million, according to SFBJ.  

The properties were built in 1947 and 1952 and were purchased by Block Capital Group. Retail and a restaurant are planned for the site.

In December 2015, Block Capital Group partnered with The Related Group on a purchase of a 52,500 square foot of land in another section of Wynwood.

Melo Group Requests Rezone For Residential Site

Melo Group Site in Arts & Entertainment District

On March 15th, Melo Group will go before Miami's Planning, Zoning and Appeals Board to rezone a 1.22 acre site in the Arts & Entertainment district, according to The Next Miami.

The block of land between NE 14th St and NE 1st Ave was purchased for $16 million in 2014 and is located across the street from another project from Melo Group under construction, Square Station. 

The current zoning allows for a 22 story building with 304 units, while Melo Group is looking to rezone for a 43 story building with 630 units.