Brickell Flatiron Getting Closer To Topping Off - Construction Reaches 57th Floor

Brickell Flatiron is getting closer to topping off at 64 floors as it reaches the 57th floor of construction. A year ago, construction was on the 15th floor.

Construction is expected to be completed Summer 2019.

Previous construction photos of Brickell Flatiron can be viewed here.

Brickell City Tower Sold For $117M

Brickell City Tower

The 33 story Brickell City Tower located at 829 SW 1st Avenue between Mary Brickell Village and Brickell City Centre has sold for $117 million, according to The Real Deal.

Built in 1985 and designed by Hatcher, Zeigler, Gunn & Associates, Brickell City Tower was originally supposed to have the top six floors as condos, but eventually became all office space.

For the longest time Brickell City Tower was the tallest building in the surrounding area before being recently surpassed by new buildings such as Brickell Heights, Solitair Brickell and Brickell City Centre.

Brickell City Tower was sold by Banyan Street Capital, Independencia Asset Management and Crocker Partners and purchased by New York Life Investors.

The building last sold for $70 million in 2013.

Grove Bay Parking Garage Construction Updates

Grove Bay Parking Garage Site

Grove Bay Parking Garage Site

The construction on the two story Grove Bay Parking Garage is well under way since construction began in June. The garage will have 333 parking spaces and is expected to be completed May 2019.

The development company, Treo Group, received a $33 million loan for Regatta Harbour (formally called The Harbour), which will include three restaurants, 100,000 square feet of retail, marina, and restoration of two hangars.

The marina, which will have 400 dry slips and 700 feet of floating docks will be completed before the end of the year.

Previously on the site was an abandoned Chart House restaurant that was eventually demolished in October 2017.

Park Line South Tower Reaches 26th Floor - Getting Close To Top Off

Park Line Towers - South Tower

Park Line Towers - South Tower

The South Tower at Park Line Towers MiamiCentral has reached the 26th floor of construction before it tops off at 33 stories.

The North Tower topped off early September at 30 stories.

Previous construction photos of Park Line Towers can be viewed here.

Jean Nouvel's Monad Terrace Quickly Taking Shape

Monad Terrace Under Construction

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.

Downtown Miami To Get The Waldorf Astoria Hotel and Residences Miami

The Waldorf Astoria Hotel and Residences Miami

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.

Edgewater Lot Sells For $11.5 Million

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.