Florida East Coast Industries Lists ParkLine Miami Residential Above Brightline’s MiamiCentral Station For $500 Million
Florida East Coast Industries (FECI) announced the listing of ParkLine, its signature residential tower above Brightline’s MiamiCentral Station, for $500 million. The property, which consists of two iconic towers totaling 816 residential units, will be listed on the market by Cushman & Wakefield.
Florida East Coast Industries (FECI) announced the listing of ParkLine, its signature residential tower above Brightline’s MiamiCentral Station, for $500 million. The property, which consists of two iconic towers totaling 816 luxury residential units, will be listed on the market by the commercial real estate services firm Cushman & Wakefield. The firm’s Florida team of Robert Given, Troy Ballard and Zachary Sackley will lead the marketing efforts along with the support of the New York and Los Angeles offices which will include Doug Harmon, Adam Spies and Rob Rubano. The two ParkLine towers are part of a master-plan adjacent to 2 and 3 MiamiCentral, 285,000 SF of Class A office towers, and over 160,000 SF of retail. ParkLine Miami is the largest, single multifamily asset in the Southeastern US to be listed for sale to date.
Residents at ParkLine Miami have direct elevator access to the MiamiCentral Brightline station along with the station’s new 26,000 SF culinary center by C3, Citizens, which will house elevated restaurants by globally-renowned chefs such as “Iron Chef” Masaharu Morimoto and Michelin Starred chef Dani García. Residents will also have direct access to retailers such as Publix, Starbucks, Chic-fil-A, Joe & The Juice and Einstein Bagels located adjacent to the property.
FECI developed ParkLine Miami as a transit-oriented development to complement the $4.5 billion invested in Brightline trains, the only provider of modern, eco-friendly high-speed rail in the nation. It is the most significant transit-oriented development (TOD) offering in the Southeastern US. Brightline currently serves Miami, Fort Lauderdale and Palm Beach with expansion stations in Aventura and Boca Raton opening in 2022. Construction to Orlando is on track to be complete by the end of 2022. Discussions remain underway with local stakeholders regarding expansion to Disney and Tampa. Brightline projects over nine million annual passengers once all Florida stations are completed.
“This is a rare opportunity indeed, as the towers sit directly atop and are connected to the Brightline train platforms, in addition to three other modes of rail transportation and over 160,000 SF of retail in MiamiCentral,” noted Robert Given, executive vice chairman at Cushman & Wakefield. “MiamiCentral will undeniably be the center of gravity of the Miami MSA for generations to come.”
The future expansion of MiamiCentral includes a Miami-Dade commuter rail system with stations in Wynwood, the Design District, El Portal, North Miami and FIU’s Biscayne Bay Campus. With the stations in Orlando and Tampa, the connectivity provided by ParkLine Miami is unprecedented in the multifamily environment.
“ParkLine is the definition of metropolitan living and FECI strategically built these two towers above Brightline to offer a car-optional lifestyle and promote alternative, eco-friendly transportation options,” said Sarah Watterson, chief development officer at FECI. “More and more, people who live at the core of major cities today seek a lifestyle of interconnectivity without sacrificing time and money. ParkLine is meeting those needs and more with its integration to Brightline.”
In addition to the Tri-County connectivity provided by Brightline and MiamiCentral, ParkLine Miami’s residents will benefit from Brightline’s new and first-of-its-kind, door-to-door service. This will include a fleet of both private and third-party vendor vehicles supporting point-to-point service beyond the train and making a car-optional lifestyle possible. All services will be available through the Brightline app and will further create transportation access to everything from scooters, bikes and electric micro-rides to shuttles and chauffeured Teslas.
Perched above Downtown Miami, at 100 NW 6th Street, ParkLine Miami puts residents just minutes from the city’s hottest neighborhoods, including Wynwood and the Design District, with access to a plethora of dining, retail, arts and culture, and events. Opt for a stroll to the Adrienne Arsht Center for the Performing Arts, Frost Science Museum, Perez Art Museum or FTX Arena. The property is also adjacent to Miami World Center, a $4 billion development underway with over 300,000 SF of retail slated to begin openings this year. Convenient accessibility to the Miami Metrorail and Metromover allows for a car-free lifestyle, with major thoroughfare I-95 located nearby for those who so desire.
By Katya Demina
MiamiCentral Station Reveals Stantec Interiors for Park-Line Miami Residences By Brightline
MiamiCentral Station has revealed the new Stantec-designed interiors of the new two-tower, 816-unit Park-Line Miami Residences by Brightline. The globally-acclaimed architecture and design firm Stantec designed the lobby interiors of the north tower plus the amenity spaces, corridors, and unit finishes of both 30-story towers, located above Brightline’s MiamiCentral passenger rail station.
MiamiCentral Station has revealed the new Stantec-designed interiors of the new two-tower, 816-unit Park-Line Miami Residences by Brightline. The globally-acclaimed architecture and design firm Stantec designed the lobby interiors of the north tower plus the amenity spaces, corridors, and unit finishes of both 30-story towers, located above Brightline’s MiamiCentral passenger rail station.
“Our vision for the design concept was the refined tailored traveler that resides in the heart of the city and travels the world,” said Raed Alawadhi, senior designer at Stantec. “We incorporated dark colors found in tailored suits and the brown tones of antique leather luggage and travel bags along with warm woods, creamy neutral tones, and deep blues to create the timeless sophisticated interiors.”
The lobby interiors feature wood ceilings, herringbone stone tile flooring, and warm wood with metal accents. Open seating areas are anchored by custom leather wall panels and a dramatic chandelier with shimmering mesh metal fabric that illuminates the room. A green wall at the end of the entrance creates a focal point and brings a touch of nature to the space. The lobby lounge, which is decorated with natural hues and textures and complimented with luxury fabrics, leads into the valet waiting area, where TV screens let residents know when their car will arrive. Residents are also an elevator ride away from the train station, where they can access service to Fort Lauderdale and West Palm Beach, with service to Aventura and Boca expected in late 2021 and to Orlando in 2022.
In addition to the lobby, Stantec designed the interiors of the amenity decks located on the seventh floor of both towers. The interiors of the north tower feature stylish lounge areas, intimate lighting, and dark blue and green velvet and leather furnishings. A gaming area offers foosball, shuffleboard, and a pool table while the entertainment space has a dining area and wet bar. There’s also a private meeting room and co-working space available for residents.
The south tower’s amenity level includes a reception desk with a custom woven screen wall, a 3,500 square-foot gym, a fitness lounge with sofas, med spa and massage rooms, and a dog spa. The yoga room is surrounded by windows with views to the outside deck, known as SkyPark, which sits between the two towers.
Park-Line Miami has a total of 816 residences that include studios, one-, two-, and three-bedroom units. The units have floor-to-ceiling windows, walk-in closets, bathrooms with chrome fixtures, and kitchens with modern Italian cabinetry, quartz countertops, and subway tiling.
“Park-Line Miami’s thoughtful design and finishes combined with our multitude of modalities allow us to offer a living experience unlike anything Miami has ever seen,” said Najam Syed, head of asset management at Brightline Trains. “The almost two-acre private park-like setting with an outdoor track, a world-class fitness facility, and forward-thinking live, work, and play amenities make Park-Line Miami a truly unique asset. We are proud to have partnered with Stantec in bringing our vision of Transit Oriented Development to life.”
Stantec is ranked among the top 10 architecture firms by Architectural Record. The firm has designed numerous prominent projects throughout Florida, including Solitair Brickell; YotelPAD Miami; Luma at Miami Worldcenter; Yard 8 in Midtown Miami; 17 West in Miami Beach; Avalon Doral; and Wynwood Square. Stantec trades on the TSX and the NYSE under the symbol STN.
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