YTECH's Kohn Pedersen Fox-Designed 'Seven Broadway' Approved in Brickell

Ytech’s 'Seven Broadway,' a luxurious residential tower set to rise in Miami's vibrant Brickell neighborhood, has just received unanimous approval from the City’s Urban Development Review Board (UDRB). Greenberg Traurig’s Carlos Lago represented the developer throughout the application process. Designed by the renowned architecture firm Kohn Pedersen Fox (KPF), Seven Broadway is set to rise 54 stories, 682’, and will feature 113 residential units and 193 parking spaces. Amenities are set to include a rooftop pool.

"We’re proud to have represented YTECH in securing unanimous approval from the City of Miami’s Urban Development Review Board for Seven Broadway,” said Carlos Lago, attorney in Greenberg Traurig’s Miami Land Use & Land Development Practice. “This project reflects the highest caliber of urban design and planning, thanks to the vision of Kohn Pedersen Fox and YTECH’s continued commitment to excellence. From the strategic assemblage to predevelopment milestones and now design approval, this marks an exciting step forward in bringing a landmark residential tower to the heart of Brickell."

Seven Broadway will be located at 75 and 41 Southwest 15th Road, just minutes away from Brickell Avenue. Ytech acquired the .3-acre site, which is currently undergoing demolition, for approximately $8.2 million and also locked down $19.5 million in pre-development financing from Israel Discount Bank .

Seven Broadway marks a significant step in Brickell's ongoing transformation into one of the United State’s densest urban residential hubs. Ytech's CEO, Yamal Yidios, expressed the firm's commitment to architectural integrity and quality, highlighting that Seven Broadway is the culmination of years of meticulous planning and design refinement. Seven Broadway is nearby The Residences at 1428 Brickell, a 70-story solar-powered tower being developed by Ytech which is currently under construction.

Images via YTECH

For more information about Seven Broadway or to inquire about purchasing a unit please fill out the form below:

Metro Edgewater Gearing Up To Break Ground In Edgewater's Paraiso District

Colombian developer Carlos Ortiz is gearing up to break ground on his planned rental apartment building, Metro Edgewater, which will be located in Edgewater’s Paraiso District. The project recently received FAA approval and is expect to break ground in January 2021 pending the issuance of building permits. Metro Edgewater will rise 32-stories, 373’, and will feature 279 rental units targeted at millennials and young professionals. The project will also feature 4,063 square feet of ground floor retail and a pedestrian promenade along NE 31st Street with lush landscaping and street furniture, designed to act as a gateway for pedestrians from Biscayne Boulevard into the Paraiso District. The parking platform will feature a metal louver screen adorned with geometric artwork by the Miami-born artist Johnny Robles. Metro Edgewater is designed by Pablo Burgos of Burgos Lanza Architects & Planners with landscape architecture by James Socash, all in collaboration with David Polinsky’s Fortis Design + Build. Metro Edgewater will be located at 433-449 NE 30th Terrace and 430-452 NE 31st Street.

TSG Group & Lineaire Group Reveal Wynwood Haus Designed by Corwil Architects

TSG Group and Lineaire Group have revealed plans for Wynwood Haus, a 20-story residential project designed by Corwil Architects. Wynwood Haus will be a residential apartment rental building offering 224 residential units. 42 of the residential units will be micro units, just under 400 SF. Wynwood Haus will be located in an Opportunity Zone on the 1700 Block of North Miami Avenue in Miami’s Arts & Entertainment District, nearby Filling Station Lofts and CANVAS. Wynwood Haus will also feature 5,204 SF of ground floor retail and 222 parking spaces. The plans were recently submitted to Miami’s Urban Development Review Board and are expected to be reviewed this month.

Joint Venture Led By Related Group Reveals The Dorsey In Wynwood Designed By Arquitectonica

A joint venture between Jorge Perez’s Related Group, Alex Karakhanian, and Tricera Capital, led by Scott Sherman, have revealed plans for The Dorsey in Wynwood. The Dorsey is being designed by Arquitectonica and when complete will rise 12-stories and will feature 306 apartments, 35,858 SF of retail space and 58,760 SF of office space. The Dorsey will be built at the site of the former Coca Cola plant and was previously owned by Thor Equities and Rockwood Capital who had proposed a Touzet Studio-designed project. The JV, which purchased the 2-acre site in late 2019 for $32 million, has obtained a permit to demolish the existing buildings on the site, some of which were originally built in the late 1920’s. Miami’s Urban Development Review Board will review the proposal on December 18. The Dorsey will be located at 280 NW 28th Street.

Mandala Proposes BLUR Workshop-Designed Courtyard By Marriott in Downtown Miami

Mandala Holdings has submitted new plans to Miami’s Urban Development Review Board for a 31-story Courtyard By Marriott hotel tower in Downtown Miami’s Omni district at 511 NE 15th Street. The proposal will be reviewed at a meeting by the UDRB on November 20. The hotel tower is designed by the Atlanta-based BLUR Workshop and will feature 269 hotel rooms, 16,131 SF of office space and 28,261 SF of entertainment space split between conference rooms, ballrooms and restaurant space. No parking component will be built as part of the development and will be provided offsite.

Plans Submitted For Paraiso Place To Bring 279 Rental Apartments To Edgewater

Metro Edgewater, LLC., led by Colombian developer Carlos Ortiz, as submitted plans to Miami’s Urban Development Review Board for Paraiso Place, a 279-unit apartment building coming to the recently opened Paraiso district in Edgewater. A hearing has been scheduled for November 20, 2019. The tower, which will be located at 433-449 NE 30th Terrace and 430-452 NE 31st Street, will rise 32-stories, 373’, and will offer rental apartments, a change from the bulk of the Paraiso district which sold as condos. The project will also bring 4,063 SF of ground floor retail and a pedestrian promenade along NE 31st street with lush landscaping and street furniture, designed to act as a gateway for pedestrians from Biscayne Boulevard into the Paraiso District. The plans submitted call for 300 parking spaces although the developers have requested a 30% reduction in parking as per zoning requirements. The parking platform will feature a metal louver screen adorned with geometric artwork by the Miami-born artist Johnny Robles. Paraiso Place is designed by Pablo Burgos of Burgos Lanza Architects & Planners with landscape architecture by James Socash, all in collaboration with David Polinsky’s Fortis Design + Build.

Related Group Reveals The Gallery On The River Designed By SR Architects Proposed For Overtown

Related Group has revealed The Gallery On The River, a 12-story affordable and workforce housing project which they have recently proposed for Miami’s Overtown neighborhood. The proposal, which was designed by SR Architects, has been submitted to the Urban Development Review Board (UDRB) for review on September 18 and will be built on county-owned land across the street from the popular Garcia’s, Casablanca and Seaspice riverfront restaurants. The Gallery On The River will offer 160 units which will be offered at affordable price points, 11 of which will be set aside for public housing. The project will also bring a 4-story parking garage with 304 parking spaces. Related Group will pay $40,000 per year rent for 75 years with 4% annual rent increases in addition to a $400,000 one-time payment.

Una Residences Given Green Light

OKO Group’s latest development, the nautically-inspired Una Residences, has now been approved by Miami’s Urban Development Review Board. This key step brings the 47-story condo building, proposed for 175 SE 25th Road, a little closer to inception at the crossroads of Coconut Grove and Brickell.

The building will feature 135 waterfront condos starting at $942,000, an underground parking garage, and public baywalk that connects to an adjoining park. The review board granted a request to allow ingress for vehicle entries at the loading docks and service area, which will pave the way for the demolition of the current structure.

This process of condo termination and redevelopment has been fueled by CEO of OKO Group, Vladislav Doronin’s confidence in the site, which he began to assemble back in 2016 by buying out current residents at nearly double the expected market value. “There has been no new construction here for the last 10 years,” says Doronin. “We were lucky to manage to purchase this site. And for the near-future, no one else is going to build here. We won’t have any competitors in South Brickell.”

This developer strategy of parcel identification and repurposing can be expected to continue in the upcoming real estate cycle as waterfront property becomes more scarce in Miami. Sales for Una, which are being handled exclusively by Fortune International Realty, went live back in March. Cash buyers have been the cornerstone to Una’s pre-sale success, most coming from overseas, since the building has not yet secured any form of traditional financing.

The project is expected to be completed by 2021.

Article by: Katya Demina 

Lennar Files Plans For Wynwood Green, A Rental Project Replacing Wynwood Yard

America's largest homebuilding, Lennar (LEN), has submitted plans to build Wynwood Green, a 189-unit rental apartment complex at the site of Wynwood Yard. The project would rise 11-stories on the 1.26 acre site and is designed by Dorsky + Yue. Wynwood Green would bring 189 apartments, 324 parking spaces and 16,768 SF of commercial space. Lennar is requesting to build an additional 3-stories then zoning allows via ca contribution to the Wynwood Public Benefits Fund. The developer, Lennar Multifamily Communities, is currently under contract to purchase the site which would also be their first multifamily project within the city of Miami. The proposal was recently presented to Miami's Urban Development Review Board.

Miami's UDRB Approves The 224-Unit Altis For Little Havana

Miami's Urban Development Review Board (UDRB) has approved the 224-unit Altis at 2100 SW 8th Street in Little Havana. The project will rise 8 stories and will feature 224 apartment rentals, 351 parking spaces and ground floor retail. The developers received a 10% reduction in parking waiver. Altis is being designed by Anillo Toledo Lopez and being developed by Altman Development Corporation.