Crescent Heights Proposes Building New Miami-Dade Courthouse

April 25, 2017 in Crescent Heights, Downtown Miami, Kobi Karp, Miami, Miami-Dade Courthouse

Crescent Heights developer Russell Galbut has proposed building a new $300 million courthouse, designed by architect Kobi Karp, on a surface parking lot at 54 W. Flagler St in exchange for the existing courthouse at 73 E. Flagler St., according to The Miami Herald.

By building a new $300 million courthouse, Miami-Dade would pay Crescent Heights $18 million a year in rent over the course of a 99 year lease. In exchange, Crescent Heights would redevelop the existing courthouse, built in 1928, and turn it into high end offices with shops and restaurants on the ground floor.

In November 2014, voters rejected a tax increase of $390 million to help fund a new courthouse.

Previously in April 2016, Crescent Heights proposed building two 43 story towers with 391 residential units on the 54 W. Flagler St lot.

Hyatt Propose To Build New Hotel And Convention Center

April 24, 2017 in Downtown Miami, Hotel, Miami

The Miami Herald is reporting that Hyatt Hotel Corp. and the City of Miami are in talks to build a new Hyatt Hotel and convention center located next the Brickell Avenue Bridge next to the Northern edge of the Miami River at 400 SE 2nd Ave.

The 612 room Hyatt Regency Hotel and James L. Knight Convention center were built in 1982 and designed by the firm Ferendino Grafton Spillis Candela on a 4.5 acre site at a cost of $110 million.

Hyatt has 12 months to come up with a master plan for the new hotel and convention center. Hyatt's existing lease expires in six years with a 45 year renew option. If a new plan is approved, a new 99 year lease would begin.

If the new plan is approved by Miami Commissioners, a citywide voter referendum will still need to be required to go ahead.

Genting's Hotel Over Omni Station Approved

April 21, 2017 in Genting Group, Hotel, Miami, Omni District, Resorts World Miami

A month ago, Genting proposed a 300 room hotel over the Omni Station bus terminal and those plans have been approved with a deal by Miami-Dade Commissioners.

The 90 year lease includes renovating the bus terminal for $16 million and paying Miami-Dade County $10 million before it can begin work on the 36 story hotel.

Genting has been lobbying for a casino on the site for years after purchasing 14 acres of land, including the old Miami Herald Building site, for $236 million.

A Look At The 3 Miami Central Construction

April 19, 2017 in 3 MiamiCentral, Construction, Downtown Miami, Facchina Construction, Golden Dusk Photography, Miami, All Aboard Florida

Since we last looked at 3 Miami Central at the end of January, all the glass has been installed on the office levels. The outside paneling, which has a design, is being installed on the West side of the building over the parking garage.

3 Miami Central is part of the Miami Central Station and complex that will begin service to Fort Lauderdale and West Palm Beach this Summer.

Previous construction photos of 3 Miami Central can be viewed here.

Biscayne Beach To Begin Closings This Week

April 18, 2017 in Biscayne Beach, Condo, Construction, Eastview Development, Edgewater, Golden Dusk Photography, GTIS Partners, Miami, Plaza Construction

Biscayne Beach is expected to begin closings on the 51 story condo in Edgewater this week, according to Miami Condo Investments.

Groundbreaking on Biscayne Beach began in April 2014 and topped off in May 2016. The project is developed by GTIS Partners and Eastview Development. WHLC Architecture is the architect.

Previous construction photos of Biscayne Beach from the beginning of construction can be viewed here.