In the heart of Miami’s vibrant Edgewater district, plans have been unveiled for a remarkable addition to the city’s skyline: Metro 2 at Edgewater. Set to rise 320 feet to the upper roof slab, or an impressive 335 feet including its highest decorative screen, this 28-story mixed-use marvel is poised to redefine urban living and commerce in the area.
Designed by the esteemed Burgos Lanza & Associates and developed by Metro Tower II LLC, Metro 2 promises to be a beacon of modernity and functionality. Boasting 349,193 square feet of space, the building will seamlessly integrate multi-family dwelling units, lodging accommodations, office spaces, and ground-floor commercial establishments, all within its sleek confines.
Metro 2’s architectural blueprint is a testament to thoughtful design and versatility. The lower levels will be dedicated to office spaces, offering a total of 36,134 square feet across the second to sixth floors. Above them, from levels eight to fourteen, 60 luxurious units will provide a sophisticated accommodation option for visitors to the area.
However, it’s the residential offerings that truly elevate Metro 2. With 103 multi-family dwelling units spanning from the seventh to the twenty-eighth floors, residents will enjoy a range of layouts, from cozy one-bedroom apartments to spacious three-bedroom retreats, totaling between 748 to 1,374 square feet.
Ground-floor commercial space is a cornerstone of Metro 2’s design philosophy. Spread over 9,745 square feet and accessible from all three street frontages, this area will cater to the diverse needs of the neighborhood. From quaint cafes to essential retail outlets, the commercial space will foster a sense of community while serving everyday needs.
Parking concerns are effectively addressed with an enclosed garage offering space for 220 vehicles on-site, supplemented by additional off-site spaces adjacent to the property.
Metro 2’s architectural vision seamlessly blends modernity with a nod to Miami’s iconic skyline. The facade, characterized by a fusion of glass and neutral tones, exudes elegance and order. Structured balconies and vertical lines accentuate the building’s height, creating a striking silhouette that complements its surroundings.
In a deliberate effort to maintain architectural consistency within the development area, Metro 2 mirrors its predecessor, Metro 1, with similar design elements. This deliberate continuity contributes to a cohesive visual identity in the evolving Edgewater skyline.
Externally, Metro 2 is a study in refined aesthetics. Peppercorn and homburg gray tones adorn the exterior walls, while pure white accents highlight slab edges. Dark aluminum balcony railings and window frames add a touch of sophistication, culminating in a sculptural decorative metal feature that graces the building’s entrances.
As plans for Metro 2 at Edgewater take shape, anticipation builds for its impact on the Miami landscape. With a commitment to modern living, commercial vitality, and architectural harmony, Metro 2 is poised to become a cherished landmark in this dynamic neighborhood.
As the Urban Development Review Board convenes on April 17th to discuss this exciting project, the future of Edgewater takes another step forward, guided by innovation, elegance, and a vision for a thriving urban community.
Transforming Miami Beach – The Shore Club Resort & Residences
Miami Beach renowned for its vibrant culture, stunning beaches, and iconic architecture, is poised to welcome a new chapter in its storied history with the revitalization of The Shore Club Resort & Residences. Developers Witkoff and Monroe Capital have entrusted the renowned Auberge Resorts Collection with the management of this distinguished property, signaling an exciting transformation set to debut in 2027.
The Shore Club, located at 1901 Collins Avenue, stands as a testament to Miami Beach’s architectural and cultural heritage. Designed in 1949 by Albert Anis and featuring The Cromwell Hotel, an Art Deco gem from 1939, this site has long been an integral part of the city’s landscape. Now, under the stewardship of Auberge Resorts Collection, this historic location is set to undergo a remarkable evolution, blending its rich past with contemporary luxury.
In collaboration with Robert A.M. Stern Architects (RAMSA), Auberge Resorts Collection aims to breathe new life into The Shore Club while preserving its historical essence. Plans include the introduction of an elegant 18-story residential tower and an independent villa, paying homage to Miami Beach’s renowned MiMo and Art Deco architectural styles.
The residential tower, with its oceanic curves and layered terraces, offers unparalleled views and innovative living spaces that seamlessly merge indoor and outdoor environments. Meanwhile, The Cromwell Hotel will be transformed into 49 unique residences, each boasting individual floor plans and expansive windows framing the breathtaking seascape.
The Shore Club Resort & Residences will offer a blend of serene beachfront living and vibrant urban experiences. Residents and guests alike will enjoy access to exclusive amenities, including a private fitness center, library, lounge, and residents-only pool. Additionally, the property will feature a signature restaurant, dynamic café and bar, Auberge spa and fitness center, and the Beach Club, ensuring a comprehensive and luxurious living experience.
Alex Witkoff, Co-CEO of Witkoff, expressed excitement about the partnership, highlighting Auberge Resorts Collection’s expertise in curating luxury escapes. Craig Reid, CEO of Auberge Resorts Collection, emphasized the brand’s commitment to expanding its presence in global urban destinations, positioning The Shore Club as a standout destination in Miami Beach.
With its blend of timeless charm and contemporary luxury, The Shore Club Resort & Residences promises to be a beacon of sophistication on the Miami Beach skyline, inviting residents and guests to experience the best that this iconic destination has to offer. As the project unfolds, it is sure to redefine luxury living in one of the world’s most coveted locales.
Lucky Strike Miami Opens its Doors in the Heart of Downtown Miami
Bowlero Corporation, the pioneering force in bowling entertainment, has unveiled its latest gem: Lucky Strike Miami. This marks the second groundbreaking establishment under the Lucky Strike brand since Bowlero’s acquisition in September. Situated within Miami Worldcenter, Lucky Strike Miami promises to redefine leisure in the heart of Downtown Miami.
“Innovation and excellence are at the core of Lucky Strike Miami,” declared Thomas Shannon, Founder, Chairman, and CEO of Bowlero Corp. “Our expansion of the Lucky Strike brand reflects our dedication to providing unparalleled experiences nationwide. This new location signifies not just growth, but our unwavering commitment to delivering exceptional moments for guests across the country.”
Lucky Strike Miami boasts a sprawling 30,000 sq. ft. of entertainment space, featuring 28 state-of-the-art bowling lanes and a contemporary aesthetic. Beyond bowling, guests can indulge in an expansive arcade, savor craft cocktails at the bar, or reserve an intimate VIP room with six private bowling lanes. Culinary delights await with a dynamic menu offering luxurious fare crafted from quality ingredients, alongside elevated renditions of traditional classics.
Nitin Motwani, Managing Partner of Miami Worldcenter Associates, expressed excitement at the arrival of Lucky Strike, affirming, “This addition not only enriches Downtown Miami as a family-friendly destination but also complements Miami Worldcenter’s diverse array of culinary and entertainment offerings.”
Lev Ekster, President of Bowlero Corp., emphasized Lucky Strike Miami’s embodiment of the vibrant Miami ambiance, promising to redefine the bowling experience for guests of all ages. “Our mission goes beyond entertainment; it’s about curating memorable moments and fostering positive guest experiences. We eagerly anticipate this next chapter as we open our doors to the community.”
Bowlero Corporation stands as a premier operator of location-based entertainment, boasting approximately 350 locations across North America. With brands like Lucky Strike, Bowlero, and AMF under its umbrella, the company caters to over 40 million guest visits annually. Bowlero’s acquisition of the Professional Bowlers Association in 2019 further solidifies its position as a leader in the industry.
Miami Worldcenter emerges as a dynamic $6 billion mixed-use destination nestled in Downtown Miami. Spanning 27 acres across ten city blocks, it offers an array of retail, hospitality, commercial, and residential experiences. Spearheaded by Miami Worldcenter Associates, led by Managing Partners Art Falcone and Nitin Motwani, in collaboration with CIM Group, this visionary project aims to transform Miami’s urban core into a premier mixed-use hub.
Apple Touches Down: A New Era Begins at Miami Worldcenter
After months of speculation, it’s official: Apple is making its mark on Miami Worldcenter, the sprawling 27-acre megadevelopment in Downtown Miami. A leasehold agreement filed to Miami-Dade County confirms the tech giant’s arrival, adding to the excitement surrounding this ambitious project.
Construction has been underway since November for a one-story, stand-alone retail building located at 725 NE First Avenue. With a price tag of $12 million, this development is poised to become a focal point within the Miami Worldcenter landscape. Situated on an 18,600-square-foot site, the building occupies a prime spot at the corner of Northeast Eighth Street, just west of the Jewel Box retail building.
Miami Worldcenter, akin to New York’s Hudson Yards, is one of the largest private projects in the country. Spearheaded by master developers CIM Group, Art Falcone, and Nitin Motwani, this mixed-use development promises approximately 300,000 square feet of retail space, offering a vibrant shopping and entertainment experience in the heart of Miami.
Already, the development has welcomed a lineup of notable brands, including Sephora, Lululemon, and Ray-Ban. Exciting additions on the horizon include Starbucks, The Container Store, Rihanna’s Savage X Fenty, and a bar concept by Nick Jonas, among others. Apple’s presence adds further prestige to this burgeoning retail hub.
Speculation about Apple’s involvement at Miami Worldcenter has been rife for months, but confirmation was elusive until now. Despite persistent rumors, both Miami Worldcenter and Apple remained tight-lipped on the matter. However, the recent leasehold agreement filing and confirmation from individuals involved in the project have dispelled any doubts.
Apple’s decision to establish a presence at Miami Worldcenter marks its sixth outpost in Miami-Dade County. This move underscores the company’s commitment to enhancing its retail footprint, particularly following the departure of former retail chief Angela Ahrendts in 2019. Ahrendts, renowned for her tenure at Burberry, left a lasting legacy on Apple’s retail strategy.
With Apple’s imminent arrival, Miami Worldcenter continues to solidify its position as a premier destination for shopping, dining, and entertainment. As construction progresses and anticipation mounts, residents and visitors alike eagerly await the unveiling of this iconic retail landmark.
New Tower in Midtown Miami Seeks FAA Height Approval
In a significant development for Midtown Miami’s skyline, a recent filing with the Federal Aviation Administration (FAA) has unveiled plans for a new tower that promises to reshape the area’s architectural landscape. Submitted on January 29, the filing seeks height approval for a project that is set to take the place of the planned Midtown 7 building, marking a pivotal step forward in the city’s urban development.
The proposed tower is slated to reach a height of 348 feet above ground level, translating to 363 feet above sea level. This specification aligns closely with a previous submission to the City of Miami, indicating a consistent vision for the project’s scale and impact. The FAA’s approval process is a critical hurdle for the development, ensuring that the tower’s height complies with aviation safety standards and does not interfere with the airspace around Miami.
Midtown 7 is not just another addition to Miami’s bustling urban core; it is a testament to the city’s ongoing transformation and growth. The plans filed with the city reveal an ambitious project featuring:
389 residential units: A significant increase in housing options, catering to the growing demand in Midtown Miami.
28,000 square feet of ground-floor retail space: This space is poised to attract a vibrant mix of shops and services, enhancing the neighborhood’s liveliness and convenience.
501 parking spaces: Addressing one of urban living’s most pressing concerns, the ample parking is designed to accommodate residents and visitors alike, promoting accessibility and mobility.
The journey towards realizing Midtown 7 has been underway for some time, with a construction permit initially applied for in July. Following a review that led to requests for corrections in October, the project remains in its first review cycle. This stage is crucial for addressing any concerns and ensuring that the development meets all necessary standards and regulations.
The construction of Midtown 7 is poised to significantly impact Midtown Miami, both architecturally and socially. By introducing a mix of residential units and retail spaces, the project aims to enhance the area’s vibrancy and appeal, making it an even more desirable destination for living, shopping, and leisure. Furthermore, the tower’s design and stature are set to contribute to the city’s skyline, symbolizing Miami’s dynamic growth and its status as a hub of innovation and development.
As the project moves through the approval and review processes, anticipation builds for the transformative potential of Midtown 7. This development not only reflects Miami’s ambitious urban vision but also underscores the city’s commitment to fostering a thriving, diverse community. Stay tuned for further updates as Midtown Miami prepares to welcome this exciting new addition to its skyline.
The Exciting Launch of Pier 5: A New Waterfront Experience in Downtown Miami
Pier 5 is about to open its doors at Bayside Marketplace, promising to revive the waterfront entertainment vibe that has been missing.
Pier 5 is not just any new venue; it’s a creative endeavor by Breakwater Hospitality Group and Erick Passo, the brains behind Black Market Miami. This team has already given us fantastic spots like The Wharf Fort Lauderdale and Carousel Club in Hallandale Beach. Pier 5 will bring something unique to the table – think live music, a variety of food vendors, and an impressive selection of specialty cocktails.
Alex Mantecon, co-founder of Breakwater Hospitality Group, shares that Pier 5 is all about celebrating Miami’s vibrant culture and creating memories. The goal is to breathe new life into Bayside Marketplace, making it a must-visit destination with diverse events, tantalizing drinks, and delightful food along the bayfront.
Pier 5 is designed to be an inclusive open-air destination, perfect for families and adults alike. While families can engage in fun deck games and relax in shaded lounges, adults can indulge in tropical drinks at the Rum Bar or explore over 150 labels of tequila and mezcal.
Pier 5 teams up with popular vendors from Bayside to satisfy all your food cravings. From Black Market Miami’s wings and croquetas to Ben’s Pizza’s New York-style slices, and not to forget La Industria’s bakery treats and Skoops’ authentic gelato and ice cream – there’s something for everyone!
Emi Guerra, another co-founder of Breakwater Hospitality Group, expresses enthusiasm for adding a new dimension to Bayside Marketplace. The venue aims to honor the historic fishing pier it replaces, incorporating a tropical and nautical theme that makes you feel like stepping onto a ship.
Pier 5 is already in its soft opening phase, but the real excitement is the weekend-long grand opening from January 11 to January 14. RSVP to the event and you’ll be welcomed with a complimentary cocktail to toast the launch of this exciting new venue.
If you’re looking for a place that combines great food, engaging entertainment, and a vibrant atmosphere, Pier 5 is your new go-to destination in Miami. Come join us and be part of the excitement!
Pier 5 operates Sunday to Thursday from 11 a.m. to 2 a.m., and Friday to Saturday from 11 a.m. to 4 a.m. Find us at 401 Biscayne Boulevard, Miami.
Mariners Bay Condo Set to Transform into a 20 Story Development
The Mariners Bay Condo, a familiar name for those who know the area, is set for a transformative makeover. Imagine a stunning 20-story building rising majestically, offering 267 units of luxurious living space. This unnamed development isn’t just a condo; it’s a lifestyle upgrade waiting to happen.
The proposed project will include 12 townhomes and a range of condos from one to three bedrooms. Development amenities include a fifth-floor swimming pool, a state-of-the-art fitness center, spa, children’s playroom and media room. The project also calls for 433 parking spaces.
Set to be located at 12000 N. Bayshore Drive, North Miami, Florida, 33181, this development promises an ideal balance of serene residential living and convenient access to Miami’s vibrant life. It’s a short drive from the beautiful Oleta State Park and just east of I-95.
Plans include revamping the 20-slip marina, adding yet another luxurious touch to this already promising development.
While the project awaits approval, it’s exciting to think about the potential transformation of the Mariners Bay Condo, a structure from the 1980s in need of significant repairs, into a modern haven.
Amazon’s Strategic Expansion and Bezos’s Personal Move to Miami: A New Era for Investment and Market Dynamics
Amazon and its founder, Jeff Bezos, are charting new courses in Miami. Bezos, ranking second on the Bloomberg Billionaires Index, has already made plans to return to Miami with the purchase of a waterfront mansion on Indian Creek Island. His move is aligning with Amazon’s strategic move to acquire 50,000 square feet of office space in Downtown Miami.
This move reflects Amazon’s broader strategy to consolidate its physical presence, following its push for a return-to-office policy. Despite resistance from employees, Amazon’s firm stance on in-person collaboration underscores its commitment to a traditional work environment, a point of interest for market analysts and investors.
Amazon’s expansion into Miami, joining other major firms like Nvidia, Citadel, and Microsoft, signals a shift towards regions with favorable business conditions and tax advantages. This trend is crucial for analyzing regional market dynamics and potential investment opportunities in real estate and tech sectors.
Bezos’s personal relocation to Miami, where he has invested in high-value properties, aligns with strategic shifts in his post-Amazon ventures, particularly Blue Origin. This move, free from state income and capital gains taxes, offers a financial edge, presenting a case study in strategic personal and corporate fiscal planning.
Strategic Real Estate Moves: Boucher Brothers Clinch Nikki Beach in a Tense Miami Beach Vote
In the high-stakes world of real estate, where every decision can ripple through the financial markets, the Boucher Brothers have made a significant play. On September 27th, 2023, amidst the towering skyscrapers and the azure backdrop of Miami Beach, the City Commission convened. The agenda? The future of the coveted oceanfront property at 1 Ocean Drive, Miami Beach, Florida.
The Boucher Brothers, no strangers to the Miami Beach landscape, were vying for the Nikki Beach site. Their ambition was met with intense scrutiny and debate, echoing the boardrooms of Wall Street. The decision was not an easy one. City Manager Alina Hudak had put forth a recommendation, and after what can only be described as a nail-biting session, it was approved in a 4-3 vote.
Lending their support to the Boucher Brothers were Mayor Dan Gelber and Commissioners Ricky Arriola, David Richardson, and Kristen Rosen Gonzalez. On the other side of the aisle, Alex Fernandez, Steven Meiner, and Laura Dominguez voiced their reservations. Their concerns? Primarily procedural, with some pointing to earlier discussions around a no-bid agreement and advocating for a delay in the vote to allow for more public consultation.
For the hedge fund managers reading this, the intricacies of the deal are where things get interesting. The Boucher Brothers’ proposal is a 10-year commitment, promising the city a yearly contribution of 10% of gross operating revenue. In tangible terms, that’s a minimum of $4 million annually, with a 3% increment each year. The property itself is set to undergo a transformation, with a proposed $26 million in renovations. The vision includes a state-of-the-art pool, a wellness center and spa, a dedicated area for children, and a beach concession zone. Culinary enthusiasts will be pleased to hear of a collaboration with Major Food Group, bringing a Sadelle’s restaurant to the location.
However, the road to this decision was far from smooth. Legal challenges and intense negotiations marked every step. Earlier in the year, the City Commission had considered a non-binding term sheet with Boucher, hinting at a potential no-bid agreement. But in the face of significant criticism, they pivoted, seeking alternative proposals for the land and its adjacent beach area.
For those in the financial world, this move by the Boucher Brothers is more than just a real estate acquisition; it’s a testament to strategic planning, negotiation, and the ability to navigate complex landscapes. As the ink dries on this deal, one can’t help but wonder what ripple effects this will have on the broader investment landscape.
