In the heart of Miami’s bustling Brickell district, a new development is poised to make waves in the local real estate scene. Developer William Jacome has unveiled plans for a 23-story mixed-use tower, the Babylon Racquet Club, on the site of the former Babylon Apartments. This new project is particularly notable not only for its scale but also for its focus on racket sports, promising to become a major sports hub in the area.
The proposal for the Babylon Racquet Club comes five years after a previous 24-story project faced significant pushback from local residents. However, changes in zoning regulations have breathed new life into development prospects. In February, Miami-Dade County reclassified the development site into the Metromover subzone, which supports the construction of a 23-story building.
The Babylon Racquet Club is planned to feature 34 condominiums, 15 hotel rooms, 13,700 square feet of restaurant space, 4,400 square feet of office space, and a gym. Located at 240 Southeast 14th Street, the project will include 14 courts for tennis, pickleball, padel, and racquetball, marking it as a significant addition to the sports facilities in the area.
This development is strategically placed just a half-mile walk from the Financial District Metromover station, making it easily accessible for both residents and visitors. Jacome’s vision extends beyond just building structures; he is setting the stage for a vibrant community hub centered around sports and leisure.
The site itself has a colorful history, adding a layer of depth to the current development. Originally home to the Babylon Apartments, the site was the first Miami project of the now-renowned architecture firm Arquitectonica, completed in 1982. The building’s unique ziggurat-inspired design was a bold introduction of modern architectural style to Miami.
Over the years, the site has seen its share of drama, including its previous owner Ray Corona who was imprisoned in 1987 due to connections with notorious Miami drug lords. The building eventually changed hands to Francisco Martinez Celeiro, a former actor known by the stage name George Martin, who after a lengthy legal battle, managed to demolish the building in 2018 following the city’s approval to double the site’s allowable height.
The Babylon Racquet Club project is just one part of a larger trend of significant developments in Brickell, which has rapidly become a hotspot for major financial and luxury residential projects. This includes the relocation of Ken Griffin’s Citadel headquarters and plans for high-profile projects like the Dolce & Gabbana-branded condo-hotel and the Baccarat Residences.
