Future Publix at 18th Street & Biscayne Boulevard
October 5, 2010 by Lucas Lechuga
The above rendering was released by the South Florida Business Journal today in an article entitled "Stiles plans Publix in downtown Miami". The rendering is of a 49,000 square foot Publix that is planned for the location at Northeast 18th Street and Biscayne Boulevard. That article mentions that the Publix will have a bakery, pharmacy, liquor store and cafe'.
The whole development is actually 273 000 sq ft…much bigger than average Wal-Mart. Should be huge catalyst for the whole shopping-starved area. If ever there was a commercial slam-dunk, that must be it. Anybody knows when construction starts?
Construction started about 2 weeks ago.
Also, question for someone familiar with the downtown condos – which building is better, 900 Biscayne or Marquis? I can’t find any comparison reviews…Much appreciated, thanks.
In case you are wondering about 273 000 sq ft, here is a link:
http://www.miamitodaynews.com/news/100729/story5.shtml
Papercut,
I personally prefer 900 Biscayne Bay over Marquis but I’m sure there are others who feel differently. In my opinion, the amenities at 900 Biscayne Bay are much better as well as the units themselves. There’s also a big lack of cabinet space in most of the kitchens at Marquis. Take a look at http://www.900biscaynebaymiamicondos.com and http://www.marquisluxurymiamicondos.com for good pictures of each development.
Lucas, thanks for the input. Will certainly take it into account. Your slide shows are fantastic, although it seems that 900 is represented by the best line – 06 – that was set up by top notch interior designer. That unit is an absoulute stunner – and almost anything would probably pale in comparison with it. Might not be totally fair, but if common areas are nicer, that’s probably a clincher for me, unless Marquis is quite a bit cheaper.
You’re definitely right that the 06 is the best line at 900 Biscayne Bay. Marquis is slightly cheaper on a price per square foot basis. They have one bedrooms starting at around $263 per square foot but that floor plan has 1675 square feet which means the overall price is $439,900. The one bedrooms at 900 Biscayne Bay have approximately the same overall cost but the interior square footage is around 1100. The two and three bedroom units, however, are more in line with one another in size and on a price per square foot basis. Both are around $400… Read more »
Let’s see! In good OLD economy, folks purchased the house which was 3 times their gross annual income. So a typical buyr for $450K condo as a primary resident would be earning about $150K annually.
Now? This is a new economy. Realtors can buy a 450K condo using their 3% commis as down payment.