Downtown Miami Macy's To Get Two 50 Story Towers

Downtown Miami Macy's

Downtown Miami Macy's

Earlier this year in January, it was announced that the Downtown Miami Macy's would be closing. 

After purchasing the two buildings in 2013 for $15.55 million, Aetna Realty Group plan on building a 50 story tower and a 55 story tower, according to Miami Today.

Aetna Realty Group is debating whether to build two new buildings or renovate and build over the existing buildings. Either way, the towers would consist of retail, office, hotel and residences. 

The two lots are zoned for two 80 story buildings.

Paramount Miami Worldcenter Reaches 45th Floor

Paramount Miami Worldcenter

Paramount Miami Worldcenter

Paramount Miami Worldcenter has reached the 45th floor of construction after previously reaching the 36th floor in early January.

The tower will top off at 60 stories and have 513 residential units.

Previous construction photos of Paramount Miami Worldcenter can be viewed here.

A First Look At The 47 Story Una Residences In Brickell

Una Residences Rendering

Una Residences Rendering

A 47 story luxury condominium called Una Residences is being planned in Brickell located at 175 SE 25th Rd.

The tower will be developed by OKO Group, who is also developing the under construction Missoni Baia, and designed by architectural firm Adrian Smith + Gordon Gill Architecture. Lanscaping will be by Enzo Enea.

Una Residences will have 135 residential units that will range from 1,100 to 4,786 square feet with prices from $900,000 to $5 million. 

Currently on the site is an aging 11 story condo built in 1971 on a 47,248 square foot lot. An Una sales center was built on the 11 floor of the building. OKO Group purchased all of the individual 61 units in the building for a total of $48 million. 

Along with Missoni Baia, OKO Group purchased land for $54 million in Edgewater in November 2016 and also started demolition on another Brickell site at 830 SE 1st Ave where a 712 foot luxury condo is planned.

Una Residences is expected to be completed in 2021.

Square Station Nearly Completed - Set To Open Soon

Square Station

Square Station

As construction begins on Art Plaza, another Melo Group building is almost completed - Square Station.

When we last looked at the end of January, there was one crane remaining on the building and two hoists connected to the towers. 

Square Station started going vertical December 2016 and topped off September 2017.

The two towers are 34 stories and with 710 rental units.

Previous construction photos of Square Station can be viewed here.

Crane Installed At Art Plaza Site

Art Plaza Site

Art Plaza Site

The first crane has been installed at the Art Plaza site in the Arts & Entertainment district with the second crane about to be installed shortly after.

The buildings on the site were demolished in October 2017 and foundation work started in January of this year.

Developed by Melo Group, Art Plaza will be two towers with 667 rental units at 34 stories.

 

Arch Companies Purchases Site In Edgewater For $9.7M

Arch Companies - Edgewater Miami.jpg

Arch Companies has purchased property from the Sion Church of the Assemblies God located at 2511 Biscayne Boulevard, according to The Real Deal. 

The purchase price was $9.7 million for the 22,400 square foot of land in Edgewater. 

Arch Companies also purchased the Latin Cafe next door for $13 million in February 2016 bring the total square footage to 48,400.

The site is zoned for a 36 story building.

 

Powerboat Racing Will Return To Miami Marine Stadium

Powerboat racing will make its return to the long shuddered Miami Marine Stadium April 21/22 and for the first time since 1992.

The Virginia Key Advisory Board voted in favor of the Miami P1 Grand Prix of the Sea that will take place in the basin in front of the Stadium.

Public Parking will be available in the lot West of the Stadium while spectator and vendor tents will be located on the East of the Stadium.

The Miami Marine Stadium has been abandoned since 1992 since Hurricane Andrew when the City of Miami deemed it unsafe. A construction report has started last year by R.J. Heisenbottle Architects with a probable construction cost of $40,323,361 to restore the stadium.

The basin and land outside the stadium have been used in recents years for triathlon events and the Miami International Boat Show.