Hyatt Reveals Proposal For Three Kobi Karp Towers in On The Miami River in Downtown
Hyatt has proposed plans to demolish and redevelop their Downtown Miami hotel location and the adjacent James L. Knight Center. The proposal, which will go in front of Miami's Waterfront Advisory Board on April 10, calls for a watefront podium of which three Kobi Karp designed towers would rise.
Hyatt has proposed plans to demolish and redevelop their Downtown Miami hotel location and the adjacent James L. Knight Center. The proposal, which will go in front of Miami's Waterfront Advisory Board on April 10, calls for a waterfront podium of which three Kobi Karp designed towers would rise. All of the towers would be residential with one operating as a hotel and the other two as either condos or apartment rentals. Hyatt is also seeking an extension to their long-term leas on the city-owned land.
Inside PROFILEmiami's Art in Public Places Panel Event Featuring Leaders from City of Miami, A+E District, Design District and Wynwood
Real estate news platform PROFILEmiami hosted a thought-provoking symposium about Miami’s Art in Public Places program. The special panel event, which took place in downtown Miami’s Arts + Entertainment District in the CANVAS condominium tower, put a spotlight on future development in the city and explored best practices for the ongoing incorporation of works of art in real estate projects.
Real estate news platform PROFILEmiami hosted a thought-provoking symposium about Miami’s Art in Public Places program. The special panel event, which took place in downtown Miami’s Arts + Entertainment District in the CANVAS condominium tower, being developed NR Investments, put a spotlight on future development in the city and explored best practices for the ongoing incorporation of works of art in real estate projects.
Moderated by PROFILEmiami publisher Demetri Demascus, the event featured a display of autos by Prestige Imports. Panelists included Jeremy Calleros Gauger, Deputy Director of the Planning Department for the City of Miami; Dacra COO Steven Gretenstein; Wynwood BID Board Member and Chairman of the Planning & Transportation Committee David Polinsky; TILIA Companies Principal Gary Ressler; and NR Investments Principal and A+E co-founder Nir Shoshani.
Guests, who were treated to cocktails and hors d'oeuvres by PROFILEmiami, additionally had a question-and-answer session with the panelists, getting the opportunity to delve into important topics and gain insights regarding unique initiatives unfolding within the city. Before the panel began, CANVAS and NR Investments also hosted hardhat tours of the property, showcasing several of the condominium building’s 170-foot interior wall murals – all of which are being painted by urban contemporary artists from around the world.
David Beckham's Plans for MLS Stadium Not Going Smoothly
MLS has wanted a stadium in the heart of Miami since the 90s, to build its Latin and youth fan base. There have been several incarnations of professional soccer teams in South Florida, but none managed to navigate the political waters of Miami successfully.
MLS has wanted a stadium in the heart of Miami since the 90s to build its Latin and youth fan base. There have been several incarnations of professional soccer teams in South Florida, but none managed to navigate the political waters of Miami successfully.
Marcelo Claure, CEO of Sprint and Beckham’s partner said, “We have to put the team where it is accessible to them. So many Latin Americans and Europeans live here, it doesn’t seem right that we don’t have a soccer team.”
Beckham partnered with Claure, Jorge and Jose Mas, and Simon Fuller (creator of American Idol) to launch the franchise in January. They face a number of challenges before they can open the stadium, whose opening is scheduled for 2021.
Now, David Beckham is facing opposition not from the city, but from activist and landowner Bruce Matheson. Court records indicate that Matheson sued the county to block the proposed stadium in Overtown, and is now appealing a judge’s ruling that threw out his lawsuit in October. He alleges that Miami-Dade County gave Beckham “a secret discount from the taxpayers” in their no-bid, $9 million deal for three acres of county-owned land.
Beckham’s deal, which was based on appraisals from late 2015, but was approved in 2017, comes out to about $74 a square foot. In 2016, land was selling for $142 per square foot. Commissioners approved the deal, on the condition that Beckham and his partners spend $175 million on the stadium’s construction. Beckham and his partners have yet to close the deal and to secure land-use changes and new zoning.
The residents of Overtown are uneasy in light of community activists posting fake eviction notices in the neighborhood. The notice was actually an ad for a community meeting to discuss the future of public housing around the stadium. Public Housing Director Michael Liu said, “There are no plans to evict. We want to have the best possible housing for people in public housing.” Residents are skeptical, though. The future of Beckham’s MLS Miami stadium is uncertain.
Article by Katya Demina
CLOSED: Drake's Former "Condo Up On Biscayne" Sold By Current Owner NBA Superstar Mario Chalmers For $2.3 Million
Superstar Drake’s onetime "condo up on Biscayne," famously referenced in his song "The Motto," just sold yesterday for $2.3 million in a deal represented on both sides by Douglas Elliman. Drake sold the unit, which is located in the luxurious Marquis Residences, to NBA superstar and Memphis Grizzlies point guard Mario Chalmers for $2.5 million in 2012
Superstar Drake’s onetime "condo up on Biscayne," famously referenced in his song "The Motto," just sold yesterday for $2.3 million in a deal represented on both sides by Douglas Elliman. Drake sold the unit, which is located in the luxurious Marquis Residences, to NBA superstar and Memphis Grizzlies point guard Mario Chalmers for $2.5 million in 2012 when Chalmers was on the Miami Heat. The unit was also featured in the Canadian rapper's hit song "I'm on One" music video. The 2-story, 5,475 SF residence is spread over 5 bedrooms and 5 bathrooms offering triple exposure complete with floor-to-ceiling glass windows and sliders. Exceptional interior features include marble and wood floors throughout, private foyer, soaring 20' ceilings, den/game room, full service wet bar, an open kitchen equipped with appliances by Viking and Sub-Zero, along with a large terrace ideal for indoor/outdoor entertaining offering unmatched unobstructed views of the Miami Skyline and the American Airlines arena. The buyer was local and represented by John Sandberg with the Sandberg Nortmann Group at Douglas Elliman. 1100 Biscayne Blvd. #4905/06 was listed for $2.66 million with Douglas Elliman.
One Thousand Museum by Zaha Hadid Architects Tops Off & Releases New Renderings of Amenity Spaces
Developers Louis Birdman, Gregg Covin, Kevin Venger and Regalia Group along with New York-based Plaza Construction, have announced that the highly anticipated One Thousand Museum by Zaha Hadid Architects has topped off.
Developers Louis Birdman, Gregg Covin, Kevin Venger and Regalia Group along with New York-based Plaza Construction, have announced that the highly anticipated One Thousand Museum by Zaha Hadid Architects has topped off. The 62-story tower with 83 half- and full-floor residences marks the late Pritzker Prize winner Hadid's first and final residential skyscraper in the Western Hemisphere. This milestone is paired with a rendering release of the amenity spaces, revealing new architectural details and further insight into Zaha Hadid’s vision. The project is on track for an early completion in late 2018.
“We’re now one step closer to revealing Zaha Hadid’s forward-thinking design,” says Louis Birdman, one of the co-developers on the project. “Even in its current state, the building already stands out as the most iconic architectural work on Miami’s skyline. We’re excited to have developed something so unique and special for Miami.”
The new renderings of One Thousand Museum showcase the project’s Sky Lounge as well as the double-height Aquatic Center with indoor pool located at the top of the tower. New renderings also show the Lifestyle Center and Spa, which overlooks the tower’s Sun and Swim Terrace level. Additional amenities include a private on-premise, bank-quality vault, multimedia theater and private dining room. The building will also offer a most unique asset, a private helipad, available for residents on-demand to take them to nearby destinations, which is currently the only planned helipad on a private residential skyscraper in all of Florida. Interior construction has already started for the amenity spaces, also designed by Zaha Hadid Architects.
“This is a project that will not only enhance Miami’s skyline, but also redefine the standard of luxury for residential projects,” said Brad Meltzer, President of Plaza. “We do not shy away from challenging projects, as such we were immediately interested when we saw the overall complexity of the job. To date, the project team has faced some major tests, but the project has remained on schedule and we’re looking forward to the successful completion.”
Tour the uber-luxe model residence designed by Artefacto
Check-out PROFILEmiami's latest Construction Update with HD drone imagery from January 27, 2018
Renderings by ARX Solutions
Zaha Hadid's Futuristic One Thousand Museum Tops Off On Museum Park in Downtown Miami
The American Flag has officially been raised high above Downtown Miami's Museum Park as the Zaha Hadidi-designed One Thousand Museum has officially topped out after 1,156 days as reported by ODP Architects. The milestone comes just as the tower will be featured on the PBS series Impossible Builds on February 7.
The American Flag has officially been raised high above Downtown Miami's Museum Park as the Zaha Hadidi-designed One Thousand Museum has officially topped out after 1,156 days as reported by ODP Architects. The milestone comes just as the tower will be featured on the PBS series Impossible Builds on February 7. The 62-story One Thousand Museum by Zaha Hadid Architects is on track for delivery in 2018. The building is Zaha Hadid's first residential skyscraper in the western hemisphere and is being developed by Louis Birdman, Gregg Covin, Kevin Venger and the Regalia Group with Plaza Construction as the general contractor. One Thousand Museum's design features an exoskeleton design which acts as the buildings structural support. This allows the developer to remove columns from the units, creating expansive glass views of Biscayne Bay. The tower will feature only 83 units ranging from $5.5 million to over $20 million and 4,600 SF to over 10,000 SF. Amenities will include Miami's only private rooftop helipad, state-of-the-art fitness center, spa, two pools, indoor aquatic center, and a sky lounge.
Tour the uber-luxe model residence designed by Artefacto
Check-out PROFILEmiami's latest Construction Update with HD drone imagery from January 27, 2018
3 MiamiCentral Completed & Welcomes Brightline, The Project’s First Office Tenant
Florida East Coast Industries has announced the completion of 3 MiamiCentral, its first mixed-use tower at MiamiCentral and has welcomed its first office tenant, Brightline. Brightline, the nation’s only privately funded inter-city, express passenger rail service, officially moved its corporate headquarters to 3 MiamiCentral
Florida East Coast Industries has announced the completion of 3 MiamiCentral, its first mixed-use tower at MiamiCentral and has welcomed its first office tenant, Brightline. Brightline, the nation’s only privately funded inter-city, express passenger rail service, officially moved its corporate headquarters to 3 MiamiCentral; additionally, HNTB, a nationally recognized infrastructure solutions firm, recently signed a lease for its Miami office. 3 MiamiCentral rises 12-stories and features 96,000 SF of rentable Class A Office Space, 35,000 SF of rentable ground level retail space and is adjacent to the MiamiCentral transit station and Two MiamiCentral. 3 MiamiCentral a seven-story parking garage to supply ample parking for Brightline guests, visitors and office tenants. Brightline’s lease encompasses approximately 24,000 SF and HNTB’s lease spans approximately 18,000 SF. Multiple retail spaces make-up the ground floor where Einstein Bros. Bagels and a major grocer. Two MiamiCentral will feature 190,000 SF of Class A Office Space with tenants including Ernst & Young, Cisneros, Moss & Associates, Venevision International Enterprises, Fortress Investment Group, Florida EAst Coast Industries and Regus. Rental rates at Two MiamiCentral are around $33 to $35 SF triple net; and $29 SF at 3 MiamiCentral
MiamiCentral, the highly anticipated hub for transportation, leisure and business, is a transformational, first-of-its-kind, transit-oriented development, spanning six Downtown Miami city blocks. It serves as the southern terminus for Brightline, the new inter-city, express passenger rail service that opened between West Palm Beach and Fort Lauderdale on January 13. The system will extend to Miami in the coming months and will ultimately connect to the Orlando International Airport. MiamiCentral will also provide connectivity to all forms of transit in Miami-Dade County, including Metromover, Metrorail and soon, Tri-Rail.
“We are excited to have recently relocated Brightline’s new headquarters to 3 MiamiCentral, which is an important component of MiamiCentral and strategically located in Historic Overtown,” said Patrick Goddard, Brightline’s President and Chief Operating Officer. “Downtown Miami continues to transform into a vibrant community, and the addition of this new urban development and passenger rail system will be critical as the city continues to develop.”
“MiamiCentral is set to raise the bar for future office environments and 3 MiamiCentral is the first new standard,” said Daniel Quintana, vice president of development for Florida East Coast Industries. “From the variety of integrated transit options to the desired lifestyle offerings just one elevator ride from the offices, the built-in amenities that come with working at MiamiCentral are truly immeasurable.”
The Ultra-Luxury One River Point To Go Vertical in Early 2019 On The Miami River
One River Point's quest to bring ultra-luxury living to the Miami riverfront will kick into the next stages of construction as the tower is expected to go vertical in early 2019. The twin tower, 800' tall development by KAR Properties’ groundwork with excavation, piles, seawall and foundation are currently underway.
One River Point's quest to bring ultra-luxury living to the Miami riverfront will kick into the next stages of construction as the tower is expected to go vertical in early 2019. The twin tower, 800' tall development by KAR Properties’ groundwork with excavation, piles, seawall and foundation are currently underway. One River Point designed by internationally acclaimed architect Rafael Viñoly and represents developer Shahab Karmely’s desire to introduce world-class architecture, international design, and luxe resort-like amenities to urban waterfront living in the heart of Miami. One River Point will feature approximately 380 bespoke residences, ceiling heights of 10' to 12', expansive open layouts with floor-to-ceiling sliding glass walls, honed stone flooring, full slab onyx accent walls, designated art walls with task lighting, state of the art technology, as well as biometric security with face recognition. Additionally, the project will include 12-foot deep glass enclosed outdoor living terraces with sweeping vistas of the Miami River, Biscayne Bay and the city skyline. Residences at One River Point will range from approximately 1,000 SF to 12,000 SF. The crown jewel will be two 14,000 SF “sky villas” at the top of each building priced at $30 million. Set within One River Point’s piece de résistance, a three-story, floating sky bridge will connect the two towers on the top floors where the 50,000 SF Sky Club will be located.
Zaha Hadid's One Thousand Museum To Be Featured On PBS' Impossible Builds Feb. 7th As Top Off Approaches
The 62-story One Thousand Museum by Zaha Hadid Architects, which sits on Museum Park and Biscayne Bay and is on track for delivery in 2018, will be the feature of the February 7th episode of PBS's Impossible Builds as the tower is nearing its official top off.
The 62-story One Thousand Museum by Zaha Hadid Architects, which sits on Museum Park and Biscayne Bay and is on track for delivery in 2018, will be the feature of the February 7th episode of PBS's Impossible Builds as the tower is nearing its official top off. On January 15 ODP Architects reported that they had reached the top of the last permanent formwork exoskeleton column at 706' and the formwork of the level 60 and 61 amenities was underway. One Thousand Museum is Zaha Hadid's first residential skyscraper in the western hemisphere will be featured in Impossible Builds as the episodes subject of the documentary series’ recurring theme of delving into the making of complex structures throughout the world. Discovery Channel chose the tower due to the intricate engineering of the exoskeleton exterior. Pieces for the exoskeleton are prefabricated off-site and arrive in shipments from Dubai. The outer shell is made-up by close to 5,000 pieces sourced from glass fiber reinforced concrete which form the structural façade. This allows the developer to remove columns from the units, creating expansive glass views of Biscayne Bay. The futuristic luxury tower is being developed by Louis Birdman, Gregg Covin, Kevin Venger and the Regalia Group with Plaza Construction as the general contractor. The tower will feature only 83 units ranging from $5.5 million to over $20 million and 4,600 SF to over 10,000 SF. Amenities will include Miami's only private rooftop helipad, state-of-the-art fitness center, spa, two pools, indoor aquatic center, and a sky lounge.
Check Out Miami Worldcenter & Miami Innovation District's Pitch To Transform Downtown Miami Into Amazon's HQ2 Supercampus
Miami Worldcenter and Miami Innovation District have teamed up to offer Amazon a massive opportunity in Downtown Miami's Park West neighborhood for their highly anticipated HQ2. Last week Amazon narrowed the potential cities down to 20 finalists, who are competing to to secure an expected 50,000 jobs and $5 billion in investment.
Miami Worldcenter and Miami Innovation District have teamed up to offer Amazon a massive opportunity in Downtown Miami's Park West neighborhood for their highly anticipated HQ2. Last week Amazon narrowed the potential cities down to 20 finalists, who are competing to to secure an expected 50,000 jobs and $5 billion in investment. The Miami Worldcenter and Miami Innovation District's pitch is already shovel ready with buildings already under construction regardless of the outcome of Amazon's choice. The proposal is one of eight offered to Amazon in Miami-Dade including 3 within city limits. Other highlights include high zoning density which offers a live, work, play opportunity as well as over 23 million SF of office, residential, retail and hotel space already in the works. Additionally, as the proposed site is within Overtown Community Redevelopment Area boundaries, the projects would be eligible for Tax Increment Financing which could exceed over $1 billion in value.
Miami Worldcenter will feature a 500,000 SF Hines office tower which is expected to break ground Q2 2018, a currently under construction Marriott Marquis Hotel with 1,800 keys, 500,000 square feet convention space . MiamiCentral will feature retail, office, residential and transit. Museum Park features the Frost Museum of Science, Perez Art Museum and luxurious residential towers such as Zaha Hadid's One Thousand Museum, Ten Museum Park and Marquis. The Arsht Center for Performing Arts is also nearby. The campus would also have strong transit connectivity, with four different rail services including the Brightline high speed rail service connecting Miami, Fort Lauderdale, West Palm Beach, and Orlando; the Tri-Rail to Miami-Dade, Broward and Palm Beach counties, Metromover through Downtown and Brickell; and the Metrorail, including airport access. Highways include easy access I-95 via 395.
Fouquet’s Hotel & Residences, Miami Design District has unveiled more than 40,000 square feet of amenities designed by RDAI, the Paris-based studio behind Hermès stores worldwide. The 143-residence development pairs rooftop leisure and wellness spaces with direct access to an 85-key Fouquet’s hotel.