River District 14 Development Now Accepting Reservations
River District 14 development has officially launched and is now accepting reservations. With its 283 exquisitely designed studios, one-bedroom, two-bedroom, and walk-up condominium homes, River District 14 gives owners a real turnkey experience.
Featuring more than 20,000 square feet of amenities, River District 14 provides residents with a resort-style pool with cabanas, two indoor pickleball courts, a relaxation area, a cutting-edge fitness facility, a fully furnished co-working floor, and much more. There will be furniture kits available for all homes, making them all move-in ready.
The Miami International Airport, the Port of Miami, and the Brightline Train Station are all nearby important transit hubs. The tower is minutes from the UHealth Towers and Hospitals, one of the most renowned and significant public health districts in the country, and is a short stroll from the excellent dining, shopping, and entertainment options at River Landing.
Owners will have the option to rent out their homes on a daily, weekly, or long-term basis. They can do so independently or through a third-party service like VRBO, Airbnb, etc. Nothing else like it is available. lone long-term rental communities are available in the neighborhood, and the lone hotel in the area has ordinary hotel rooms without kitchens for $250 or more per night and $350 or more per night at other hotels. Early 2024 is the anticipated start date, followed by a mid-2025 completion date.
Miami Freedom Park Construction Update
The location where Inter Miami’s stadium is slated to be built has officially received site work permits from Miami’s Building Department.
In the most recent few weeks, two different permissions were issued. The first one was released on July 14th. It is for work that is categorized under excavation/piles/site and soil enhancement and is expected to be worth $30,759,715.
The second permit, which is listed as excavation/piles/site and soil enhancement category and for a different address, was issued on July 25th and is estimated to be worth $5,240,284.
According to records, the property’s tree and demolition permits are still being reviewed and have not yet been given.
The contractor for Miami Freedom Park is listed as Downrite Engineering. Jorge Mas, the managing owner of Inter Miami, stated in June that the start of construction was anticipated “any day now,” and that it would take a few weeks.
Last year, the Miami City Commission approved a 99-year lease agreement with Inter Miami CF. On September 13, the Miami City Commission authorized zoning that would allow for the development of a 25,000-seat soccer stadium, a 750-room hotel, a 58-acre park, and a 1 million square foot commercial complex with retail, offices, and entertainment on 130 acres of land at Melreese Country Club.
The new stadium’s opening is planned for the summer or early fall of 2025, according to Mas.
Miami Worldcenter Welcomes New Lucid Motors Location
Lucid Motors, a producer of high-end electric vehicles, has unveiled the opening of its newest plant at Miami Worldcenter, a revolutionary $6 billion, 27-acre mixed-use development in Downtown Miami.
Lucid Motors has joined the list of freshly launched restaurants and bars, well-known national retailers, and the citizenM Miami Worldcenter hotel as concepts. Earls Kitchen & Bar, Maple & Ash, Sports & Social, Bowlero, and the renowned Museum of Ice Cream are just a few of the exciting new attractions that will soon be opening. Miami Worldcenter, one of the biggest privately owned and constructed urban real estate projects in Florida, provides a vibrant mix of residential, business, and hospitality facilities as well as a staggering selection of shopping, dining, and entertainment options.
The almost 23,000 square foot space includes a Lucid Studio where clients may test-drive the company’s upscale electric cars, including the lauded Lucid Air sedan. The building also functions as a service and delivery center for Lucid Air, open Monday through Friday from 11:00 a.m. to 7:00 p.m. and on weekends with modified hours.
The project is overseen by Managing Partners Art Falcone and Nitin Motwani and is managed by Miami Worldcenter Associates in collaboration with CIM Group. Nitin Motwani expressed delight about the inclusion of Lucid Motors, highlighting the brand’s cutting-edge premium appeal and its commitment to the goal of Miami Worldcenter as a lively live, work, and play destination in the center of the city.
In addition to its amenities, Miami Worldcenter has World Square, a lively 20,000 square foot public plaza and park intended to serve as a hub for gatherings. With alternatives for dining, entertainment, and shopping, the plaza provides open space, shaded places, and sidewalks that are favorable to pedestrians.
The $5 million public art project at Miami Worldcenter, organized by the Miami-based curatorial collective PRIMARY and renowned art dealer Jeffrey Deitch, turns the building into a permanent outdoor gallery. Large-scale murals, paintings, and sculptures, as well as other contemporary and modern works by internationally renowned artists, are on display as part of the effort.
Exclusive Private Terminal Coming to Miami International Airport
Miami International Airport has been chosen by the exclusive private terminal service PS for expansion from its original location at LAX. The historic former PanAm headquarters will house the airport’s first private, opulent terminal for commercial flights, which is scheduled to open in 2025.
From hubs like Atlanta and Dallas-Fort Worth, PS is a first-of-its-kind, premium travel service. When it opens, PS MIA will provide members and visitors with improved privacy, security, efficiency, and luxury amenities in a quiet haven.
In addition to Private Suites with private balconies and a landscaped courtyard for soaking up a few last moments of Miami sunshine, the terminal will feature an elevated lounge experience called The Salon.
PS MIA members and guests will be escorted through on-site TSA screening after unwinding at the posh new terminal before being chauffeured to their commercial flights at any of MIA’s concourses. They will use the jet bridge stairs to ascend the plane directly from the tarmac. The entire experience, from tarmac pickup to airport departure, will be offered to MIA arrivals.
Other benefits include complimentary parking, spa showers and services, car washes, and amenities for kids and pets. These benefits vary depending on your membership level.
Similar to mid-century terminal rehabs like the recently finished TWA Hotel at New York’s JFK Airport, PS MIA will breathe new life into Miami’s former Pan American Regional Headquarters, located at Building 874 across the airfield off 36th Street. Richard Heisenbottle, a renowned architect and Florida preservationist, will oversee the restoration while keeping Art Deco accents and 1960s nods throughout.
The cost of membership has not yet been disclosed for PS MIA, although rates for the LAX location’s Salon and Private Suites begin at $1,250 annually and $4,650 for up to four guests. The PS experience is available to non-members for $4,650 for up to four guests (Private Suite) or $995 per person (Salon).
It is reported that PS MIA would bring in $16 million for the County over the course of the initial 20-year contract.
Miami Riverbridge Project Receives Approval for Construction in Downtown Miami
On May 11, Miami commissioners voted overwhelmingly to accept the waivers required for the reconstruction of the Hyatt Regency in downtown Miami, Miami Riverbridge. This new supertall tower has also seen the release of new renderings.
Estimated to cost approximately $1.5 billion, the project calls for three new towers, two of 61 stories and one 95-story supertall, which would contain over 1,500 residential units, a new flagship 615-key Hyatt Regency hotel and 264 branded serviced apartments, 190,000 square feet of Class A meeting and events space, commercial and retail spaces, over 1,000 parking spaces and 50,000 square feet of open public space including a 480-foot-long rejuvenated riverwalk.
Arquitectonica is the architect of the Miami Riverbridge, which is being built by Hyatt Hotels Corporation and Gencom under the HRM Owner LLC.
The public benefits that the massive project would bring to the site and vicinity were underlined by Miami Riverbridge’s developers. Improvements to the streetscape for a better pedestrian experience and quicker access in and out of Miami’s urban core would relieve the congestion and traffic flow in this area of the city, which is frequently crowded and polluted by traffic.
The developers consented to give $25 million to help fund affordable housing in Miami. The project’s development would result in the creation of 4,500 jobs, with a rise in permanent employment from 350 to 900. Miami RiverBridge would bring in nearly $1.5 billion in city taxes, levies, and ground rent that could be used to expand public benefits throughout the city. Land leasing rent would rise from $250,000 to a minimum of $2,500,000, or 2.5% of gross receipts. A project park impact fee may also be used to pay for the renovation and reopening of the nearby Fort Dallas Park and the preservation of the nearby historic Flagler Worker’s House, which is located on city-owned property.
The convention center and the 40-year-old Hyatt Regency would be demolished to make room for the new complex if the proposal were to be accepted. By 2023’s end or the beginning of 2024, the developers hope to secure financing. The third tower is expected to be completed in Q3 2029, with the first two towers arriving by Q3 2028. Construction is anticipated to start in 2025.
The Standard Residences Midtown Breaks Ground
The Standard Residences Midtown Miami has officially broken ground. Standard Residences is being built by real estate and hospitality pioneers Standard International, Rosso Development, and Midtown Development.
Along with Miami District 2 Commissioner Sabina Covo, Jay Phillip Parker, CEO of Douglas Elliman Florida, President of Douglas Elliman Development Marketing Florida, Raymond Fort of Arquitectonica, Giancarlo Pietri of Urban Robot Associates, William J. Real of Civic Construction, and the South Florida broker community, Standard International’s Amar Lalvani and Rosso Development’s Carlos Rosso celebrated the groundbreaking.
The 12-story building is a collaboration between the highly regarded architecture firm Arquitectonica, renowned interior designers Urban Robot Associates, The Standard’s in-house design team, landscape architect Naturalficial, and Civic Construction acting as general contractor.
The project’s ground breaking speaker was Lalvani, Executive Chairman of Standard International, who emphasized the company’s longstanding ties to Miami and praised their collaboration with Carlos Rosso. The project’s lively environment and the need for such a lifestyle-driven building in a good location were stressed by Rosso, the founder of Rosso Development.
Standard is located at 3100 Northeast 1st Avenue in Midtown, tucked between the Design District and Wynwood. The development offers 34,000 square feet of carefully chosen amenity space and 228 residential units.
Upon completion, residents will have the chance to enjoy the distinctive style, amenities, and service of the renowned hotel brand. The building will be the first to provide flexible living, allowing owners to lease their units for periods as little as one month.
Between 432 square feet and 965 square feet in size, the units, which range from studios to two-bedroom homes, strike a balance between design and usability.
A 60-foot resort-style sunset pool on the rooftop, a renowned restaurant and bar, and wellness amenities like a cutting-edge fitness facility, an infrared sauna, yoga, and stretch studios are just a few of the amenities available. A karaoke bar, a screening room, co-working areas, Zoom rooms, and a private boardroom can be found on the social floor.
A small number of homes, starting at $499,900, are still available at The Standard Residences, which is anticipated to be finished by the end of 2024.
If you or someone you know have an interest in purchasing at the Standard Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Three Story Food Hall to Open in Brickell April 28th
The popularity of food halls in Miami is still growing. Okeydokey, the newest multi-concept dining spot in the city, is scheduled to open in Brickell on Friday, April 28.
Okeydokey bills itself as a food-driven dining and entertainment hub and occupies three floors in a gleaming standalone structure close to Brickell City Centre. Six full-service kitchens, three bars, and a 3,000-square-foot outdoor patio with seating for more than 300 people are all included in the 15,000 square feet of indoor and outdoor area.
The Doce Provisions team’s rotisserie chicken and burgers at Little Bird, Yoso Ramen’s Japanese cuisine, MAC’s Asian fusion cuisine, Dal Plin’s Italian cuisine, and JAFFA’s Israeli cuisine are among the first-floor eateries. Coffee Break, located on the second level, offers fresh-pressed juices, croissants, pies, empanadas, and artisanal coffee.
In addition to beer, wine, and sake, Okeydokey’s three bars will provide a selection of specialty drinks crafted with premium liquors, freshly squeezed juices, handmade syrups, and unique garnishes. The Bye Fe-Lychee! is a tiki-style drink made with reposado tequila, sake, lychee puree, mint, and grapefruit. The Freshly Squeezed is a refreshing combination of vodka, St. Germain, and fresh strawberries. Sun’s Out, Buns Out is an Old Fashioned spiced with ginger, cinnamon, and orange bitters.
The third, adult-only floor of Okeydokey will debut in the second phase. Although an opening date has not yet been set, guests can anticipate an enlarged beverage menu and nightly entertainment options like live music and DJs.
Stephane Benkemoun, a French businessman and co-founder of Okeydokey, created it with the intention of turning a fast-casual dining idea into a classy, immersive location. Okeydokey will be open Monday through Saturday from 11 a.m. to 11 p.m. and Sunday from 11 a.m. to 10 p.m. at 268 SW 8th St. in Miami. Coffee Break will be accessible every day at 8 a.m.
Former Miami Herald Waterfront Site in Downtown Miami Receives 5 Bids over $1 Billion
Following a marketing campaign managed by Avison Young’s Florida Capital Markets Group, Genting Group has received five offers above $1 billion for the former Miami Herald site in Downtown Miami, one of the biggest and most valuable development sites in Miami.
The property, which is located at 1431 N Bayshore Drive in Miami, has 800 linear feet of direct Biscayne Bay frontage and highly aggressive zoning in one of the city’s most vibrant and connected neighborhoods. It is regarded as the most sought-after development site offering in the history of the city and one of the largest waterfront land assemblages currently available in the United States. A notable mixed-use commercial, retail, residential, hospitality, and entertainment destination could be developed on the location.
The rare riverfront location in the Omni District is valued at just about $1.5 billion. The 15.5-acre development site, known as BayCity Miami, now hosts ArtMiami’s Art Wynwood show in February as well as CONTEXT Art Miami every year during Miami Art Week. The Miami Herald’s main office had stood on the land and was destroyed in 2014.
The Resorts World operator Genting Group, which owns 10 acres of land west of Biscayne Boulevard, will continue to be involved in the Omni neighborhood. Genting Group is one of the biggest resort, entertainment, and gambling organizations in the world.
The property, which spans many lots and once housed the Miami Herald’s headquarters, is zoned RTZ for mixed-use in Miami-Dade and is in the Metromover subzone (Rapid Transit Zone). The land has limitless buildable square footage, no setbacks, a height limited only by the FAA standards (649 feet), and a potential density of more than 8,000 units according to South Florida’s most benevolent zoning designation. The RTZ zoning offers builders a sizable, incredibly flexible building envelope as well as the chance to create a unique waterfront development on the site.
Gazit Horizons Submits Plans to FAA for Brickell Gateway Tower
Designs for the 61-story Brickell Gateway tower have officially been submitted to the Federal Aviation Administration. Located at 90 SW 8th Street next to Brickell City Centre in the heart of Brickell, the 377,000 square foot project will bring residential units, office spaces, a hotel concept, and retail to the neighborhood.
The Brickell Gateway tower is anticipated to reach a height of 761 feet above ground, or 772 feet above sea level (61 stories tall), according to the FAA file from March 28.
According to records, the plan is actively progressing through the approval process with planners in Miami-Dade County. The project falls under the county’s Rapid Transportation zoning, the developer can choose for a county planning review over a municipal planning review.
As recently as March 21, according to records, revised designs to satisfy county planner requests were submitted.
The project will include 504 residential units, over 18,000 square feet of retail, and 344 parking space.
The project’s developer is Gazit Horizons and the plan set lists Atlantic Pacific Communities as a co-developer, with Corwil listed as the architect.
According to the plans, construction is anticipated to begin January 2024 to January 2027.
