Verzasca Group To Build 36 Story Rental At 2000 Biscayne

June 09, 2017 in 2000 Biscayne, Dorsky + Yue, Edgewater, Miami, Rental, Verzasca Group

After demolishing the former City Hall restaurant in January, Verzasca Group is planning to build a 36 story rental tower, according to The Real Deal.

The 32,775 square foot site located at 2000 Biscayne in Edgewater was purchased for $13 million in March 2016. The rental tower, designed by Dorsky + Yue, will have 393 units with 25 studios, 175 one bedrooms, 181 two bedrooms and 12 three bedrooms.

2000 Biscayne is located near where ASRR Capital plan to build two towers at 60 and 40 stories.

Brickell Heights Officially Open

June 08, 2017 in Architecture, Arquitectonica, Brickell, Brickell Heights, Condo, Golden Dusk Photography, Miami

Brickell Heights had its Grand Opening party last night and closings are officially underway for the 49 story East tower and 46 story West tower.

The 30,000 square foot Equinox, with separate entrance and pool, has all its gym equipment in place and will be opening the doors June 14th at 2 pm.

Groundbreaking began on Brickell Heights in July 2014 and topped out in April 2016.

Construction photos of Brickell Heights since groundbreaking can be viewed here.

ASRR Capital To Build Two Towers In Edgewater

June 07, 2017 in Arts & Entertainment, Edgewater, Miami, Real Estate, Sapir Corporation

ASRR Capital with partners CNMB International and G-Resources have closed on a site in Edgewater for $33 million after being in contract since July 2016, according to The Real Deal.

The site spanning 60,000 square feet is located between NE 2nd Ave and NE 2nd CT between NE 17th Terrace and NE 18th St. ASRR Capital is planning to build two towers at 60 stories and 40 stories with 1,200 rental units, 20,000 square feet of retail and 350,000 square feet of office space.

The Padel Courts on the Southwest corner of the block was not included in the purchase.

Paramount Miami Worldcenter Reaches 9th Floor

June 06, 2017 in CoastalTishman, Condo, Construction, Downtown Miami, MDM Group, Miami, Paramount 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.

Habitat Development Purchase $21.6M Site In West Brickell

June 05, 2017 in Brickell, Miami, West Brickell, Smart 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.

Work Underway At Parcel B

June 01, 2017 in Downtown Miami, Miami, Parcel B, Bay Walk

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.