The Optimum Coconut Grove Construction Updates

The Optimum

The Optimum

Since we last looked in August, all the glass has been installed on The Optimum and work is starting on the 6,500 square foot rooftop restaurant.

The 5 story office topped off in June and is scheduled to be completed by the end of the year.

Previous construction photos of The Optimum can be viewed here.

2000 Biscayne Site Sold For $13.1M

2000 Biscayne Site

2000 Biscayne Site

The Verzasca Group has sold their 32,775 square foot site at 2000 Biscayne for $13.1 million to Enrique Manhard, according to The Real Deal. Verzasca Group purchased the property for $13 million in March 2016.

Previously on the site was the former City Hall Restaurant that was demolished in January 2017. Verzasca Group had plans to build a 36 story rental tower with 393 unit.

Verzasca Group recently started construction on the 16 story Aurora Sunny Isles.

Construction Begins At Aurora Sunny Isles

Aurora Sunny Isles

Aurora Sunny Isles

Construction has started on the 16 story Aurora Sunny Isles located at 17550 Collins Avenue.

Aurora is being developed by Verzasca Group who also have another project in Edgewater called 2000 Biscayne that has not broken ground yet.

With only 61 units, Aurora was designed by Luis Revuelta and is expected to be completed in 2020.

TBT - One Final Look - A Photo Tour Of Tobacco Road

The Famous Neon Tobacco Road Sign

The Famous Neon Tobacco Road Sign

Our first TBT piece was originally posted October 27, 2014, two days after the final call of the oldest bar in Miami - Tobacco Road. Since the closing and demolition of Tobacco Road, it has been announced that the Tobacco Road lot will be part of the Brickell City Centre expansion, which will include a 54 story condo at 570 feet and another 62 story condo across the street at 654 feet.

On the morning of October 26, Tobacco Road had its final last call and turned off the famous neon sign for the final time in its 102 year old location. 

The building has been around since 1912 and has been a bakery, burlesque club, gay club, gambling den and of course a place for live music. Tobacco Road was the only place in Miami where lawyers, politicians and doctors could drink next to bikers, vagrants and drug dealers. 

Tobacco Road was hurting for business the last few years with the construction of Brickell City Centre surrounding the bar and after having the property bought for $12.5 million in 2012 by developer Carlos Mattos. 

The new owner is trying to raise money through Kickstarter to move across the lot to a new location and save the historical items in the bar.

Click here for a video of Tobacco Road and here for a more comprehensive story of the bar.

Tobacco Road Photos

Clevelander On South Beach Sold For $20.6M

Clevelander South Beach

Canadian group, Jesta Group, has purchased the Clevelander Hotel on South Beach for $20.6 million, according to The SFBJ.

The Clevelander was built in 1938 by architect Albert Anis and totals 42,315 square feet with 60 hotel rooms.

Elysee Miami Reaches 8th Floor

Elysee Miami Under Construction

Elysee Miami Under Construction

The 57 story Elysee continues to rise in Edgewater as construction reaches the 8th floor before reaching 648 feet.

In August, construction reached the 2nd floor and started going vertical in June.

Developed by Two Roads Development and DW Partners, construction is expected to be completed in 2020.

Previous construction of Elysee can be viewed here.

AC Hotel By Marriott In Midtown Miami Reaches 7th Floor

AC Hotel Midtown Miami

AC Hotel Midtown Miami

The under construction AC Hotel Midtown Miami at 3400 Biscayne Boulevard has reached the 7th and final floor of the 153 room hotel.

The hotel will have a rooftop pool, restaurant, bar and meeting rooms.

Designed by Kobi Karp, AC Hotel is being developed by Aztec Group, 3H Group of Tennessee, and Arti Hersi Inc.