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Paramount Miami Worldcenter
Paramount Miami Worldcenter has reached the 9th floor of construction of the 60 story building since we last looked in April.
Construction has started on the retail open air mall portion with the vertical columns put in place.
Miami Worldcenter will also be adding a 24 story hotel with four levels of retail and 200,000 square feet of space.
Smart Brickell Site in West Brickell
Habitat Development has purchased a 1.23 acre site in West Brickell for $21.6 million located between SW 2nd Ave and SW 3rd Ave along SW 9th St, according to The Real Deal.
Habitat Development plan to build three towers called Smart Brickell that will each have 50 hotel rooms, two towers will have 50 residential units and one tower will have 70 residential units.
Construction is expected to start second quarter 2018 and be completed by early 2020.
Smart Brickell is another project that is transforming West Brickell over the past 3-5 years.
Parcel B Site
Work is underway at the Parcel B site located behind the American Airlines Arena with views of Biscayne Bay and Miami Beach.
The three acre Miami-Dade County owned lot was used as a parking lot during Miami Heat games and concerts at the arena. In recent years the area was also used during the Formula E Miami ePrix in 2015 and was once an area proposed for a 450 foot flag.
Although $315,000 of work is underway with grass and 42 newly planted palm trees, the Miami Herald is reporting that the County is finalizing an agreement that would give control of the site to a group to build a Cuban exile history museum. The group would have five years to raise $99 million to finance the museum.
Work is also being done on the Bay Walk line underneath the PortMiami bridge that will eventually connect it from Edgewater to Brickell.
7th Street Apartments
7th Street Apartments has reached the 13th floor of the 43 story building as part of the Miami Worldcenter district.
Previous construction photos of 7th Street Apartments can be viewed here.
Island Gardens Site
On May 30th, 2017, Miami Commissioners, after a four hour meeting voted developer Flagstone Property Group in default of contract by a vote of 5-0.
Back in 2001, voters approved of a $1 billion mega complex on Watson Island called Island Gardens that would have a residential tower, two hotels and retail. Included in the agreement was that Flagstone would pay the City of Miami rent of $2 million a year.
Sixteen years have gone by and two construction booms in the City of Miami, the only work that has been done was the construction of a deep harbor marina for super yachts that was completed January 2016. A restaurant called Deck at Island Gardens opened in 2015, but was supposedly operating under illegal permitting.
Flagstone Property Group had a deadline of May 1 to start construction on a parking garage and retail center of Island Gardens, but necessary permits were not filed in time leading to the special commissoners hearing on May 30th.
By voting in default of contract, the City of Miami will assume all control of the Island Gardens site and Flagstone Property Group will most likely file a lawsuit over breach of contract.
Vice Under Construction
The 31 story rental apartment Vice in Downtown Miami has currently reached the 29th floor of construction and is only two floors away from topping out.
The parking garage is almost leveled off and on top will be the swimming pool.
Construction began in June 2016 and is expected to be completed in 2018.
Previous construction photos of Vice can be viewed here.
