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Monad Terrace Under Construction
The Jean Nouvel designed Monad Terrace in Miami Beach is quickly taking shape after starting construction in March of this year.
Located at 1300 West Avenue, Monad Terrace started going vertical in August and is expected to be completed third quarter 2019.
With only 59 residential units, Monad Terrace will rise 7 stories and 14 stories.
The Waldorf Astoria Hotel and Residences Miami
The Waldorf Astoria Hotel and Residences Miami will open at 300 Biscayne Boulevard and will eventually rise 1,049 feet, surpassing the height of the current tallest Panorama Tower.
The project is being developed by Property Markets Group, Greybrook Realty Partners and S2 Development. The building was designed by Sieger Suarez Architects with sales to begin in 2019.
Site at 272 NE 34th St
A 37,000 square foot lot in Edgewater located at 272 NE 34th St has sold for $11.5 million, according to The SFBJ.
The lot was sold by Miami Sunrise Properties and purchased by 3350 Biscayne LLC.
The site is zoned for a 36 story building.
Wynwood Parking Garage
Since we last looked at the Wynwood Parking Garage in July, the 8 story building is almost completed and ready to open.
Located at 301 NW 26th Street in Wynwood, the parking garage is being developed by the Goldman Properties. The building will have 428 parking spaces open 24 hours, 20,500 square feet of retail space and 30,000 square feet of class A office space.
Unique parking garages are becoming more common in Miami with the addition of Museum Garage (Day Photos / Night Photos) and City View Garage in the Design District and 1111 Lincoln Road on Miami Beach.
Missoni Baia Going Vertical
After beginning construction in November 2017, Missoni Baia is now going vertical in Edgewater.
The 57 story Missoni Baia will rise 649 feet and have 249 residential units. The building is being developed by OKO Group and Cain International and designed by Asymptote Architecture.
OKO Group also purchased the 2 acre lot next to the site for $54 million in November 2016.
Monarc At Met 3
The 32 story Monarc At Met 3 located at 201 SE 2nd Avenue in Downtown Miami is listed for sale and could sell for over $200 million, according to The Real Deal.
Monarc at Met 3, with 462 apartment units, was developed by ZOM Living and completed in April 2016 after beginning construction December 2012.
ZOM Living purchased the air rights from MDM Group to build Monarc at Met 3, which also sits above a parking garage and a Whole Foods.
Construction photos of Monarc at Met 3 can be viewed here.
143 SW 9th Street in West Brickell
Habitat Group has purchased a 30,000 square foot lot in West Brickell located at 143 SW 9th Street, for $14.5 million, according to The Real Deal.
Currently on the site is a 5 story apartment building built in 1968. Habitat Group plan to demolish the building a build a 36 story building with 108 luxury condos, 60 hotel rooms and 12,000 square feet of ground level retail.
Construction is expected to begin within two years.
