All posts tagged Miami PreConstruction

One River Point – You can’t go wrong

The Miami River is quickly becoming one of the hottest areas in Miami.

You can’t go wrong with One River Point, you can’t go wrong

 

Go to the   One River Point website

 

Very close to the centers of Arts, Culture, Design, Sports.  Minutes from the new Shopping Mall at Brickell City Centre, the Financial District, a short drive to the new areas at Wynwood, Edgewater, and the Design District, the Miami River has added a distinctive facet to the bustling city.

An array of eateries and restaurants, many on the waterfront are the best kept secret of everybody.

This is a list, but it will be soon outdated:

 

 

restaurants

 

But that create a problem. Living in close vicinity to all this food !

 

One River Point – Miami

 

has found the best solution for your health and your shape.

They have put together:

A Fitness Center by the Wright Fit

A Full service Spa with treatment programs by Adrian Zecha

A Leisure Pool

A Regulation-size Pool

A full range of fitness classes,  including pilates and yoga

Locker rooms and dedicated training areas.

 One River Point – Miami

is the most recent luxury project on the Miami River Waterfront.

Two impressive 60-floor towers, with 350 units, alongside 327 feet of river frontage, are expected to become an icon of luxury, design, and sophistication.

A special feature of the ONE RIVER POINT  will be its  

ONE RIVER POINT  MEMBERS-ONLY PRIVATE CLUB

Residents at the One River Point will enjoy:

 

•35,000 sq ft members-only club linking the two towers via a floating glass sky-bridge
•Three levels of club amenities including:
•10,000 sq ft sky-bridge club garden and terrace
•Club suites for guests
•Fine-dining restaurant, craft cocktail bar and cigar lounge
•Chef’s kitchen, wine cellar and tasting room
•Private and public dining rooms
•Screening and media rooms
•Library and Resident’s Lounge
•Fully equipped business center with conference and meeting rooms

To find out about availability, pricing, more informatiom or reservations, please call:

HENRY B. NATHAN

United Realty Group

(954) 296-6741

(800) 416-2747

 

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Paramount Miami WorldCenter

Big Changes announced for Miami WorldCenter Mall

 

 

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Miami Worldcenter mall is downsized

It will still be one of the largest shopping venues in South Florida. It will still be the pole of attraction to the thousands of new residents of the Miami Downtown and Brickell area.

 

Adjustments in the size and concept of its two major anchor department stores will not reduce the expectations about the Miami World Center.

 

But there will be no big boxes for Macy’s and Bloomingdale’s.

 

The mall at Miami Worldcenter will be smaller than originally planned after the developer shelved the big-box retail model with Macy’s and Bloomingdale’s as anchors for a “high street retail” concept.

 

The 27-acre project on the north side of downtown Miami is one of the biggest in South Florida with residential, hotel, retail and other uses planned. Miami Worldcenter Associates is the master developer and it brought in partners for specific building. Forbes Co. and Taubman Centers are its retail partners.

 

The retail was originally envisioned as a 765,000-square-foot enclosed mall with about 320,000 square feet devoted to the two anchor stores.

The developers decided that high street retail, an open-air model with individual stores on a pedestrian friendly street grid, was a better model for downtown Miami, said Nitin Motwani, managing principal for developer Miami Worldcenter Associates.

 

Instead of being locked into a space in an enclosed mall, retail tenants will have the freedom to design stores for their tastes, he said. That could include stores of one, two or three stories.

“Retailers can have more say in how they want the mall designed,” Motwani said.

 

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Taubman (NYSE: TCO) said it expects to take an $11 million to $12 million write off for its previously spent capitalized costs of the Miami Worldcenter project based on the announcement. The mall was previously a joint development with Taubman and Forbes Co., meaning they were expected to contribute capital to it. They now have a preliminary agreement to lease the project for Miami Worldcenter Associates, with an option to purchase the retail component for a predetermined price once it opens, Taubman said.

“We’ve invested a significant amount of time on the project,” said Robert S. Taubman, chairman, president and CEO of Taubman Centers. “Unfortunately, we were unable to structure an enclosed mall program that meets our investment criteria. We’re pleased, however, to work with the Forbes Company and Miami Worldcenter Associates on the potential development of a high street plan that we all believe will provide an outstanding retail experience.”

 

Motwani said he’s talking to Macy’s and Bloomingdales about finding space at Miami Worldcenter under the new model, but they wouldn’t in big boxes. They’re a possibility they could be anchors, although in smaller boxes.

 

“The city of Miami and the surrounding amenities are our true anchor,” Motwani said.

Motwani said the change will reduce the retail square footage of the project, but he’s not sure by how much yet. That’ll largely be determined by Forbes and Taubman talking to retailers about how much space they want, he said. Motwani said there’s incredible interest in leasing there.

The change comes at the time when department stores are struggling with competition, especially from online retailers. Macy’s recently said it would close 40 of its 770 stores amid disappointing sales.

 

It’s no surprise, then, that Miami Worldcenter didn’t want to devote 40 percent of its retail space to a model that appears on the decline.
Meanwhile, high street retail in South Florida has been thriving, from Lincoln Road to the Design District to Wynwood.
“The Miami market has demonstrated a strong demand for a walkable, pedestrian-friendly shopping streetscape capable of luring the world’s most premier brands to downtown Miami,” said Nathan Forbes, managing partner of the Forbes Co.

 

Motwani said the new retail design would create a more open street grid. Ninth Street will become open completely for pedestrians instead of going through an enclosed mall. The developer will build a new north-south street for pedestrians on its property, he added.

The Paramount Miami Worldcenter Condominium has already broken ground, although the mall hasn’t yet. Motwani said both the condo and the mall should open in fall 2018, since the mall takes less time to build than the condo.

 

 

 

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The amenity deck of the Paramount condo is slated to be on a pedestal atop the mall and parking garages. Motwani said the size and types of amenities for the condo won’t change under the new mall design.

 

Other components of Miami Worldcenter, which is approved for up to 12 million square feet, include an apartment building, a mixed-use hotel/residential/office/retail building, and a 1,800-room Marriott Marquis hotel and convention center.

 

Extract from: South Florida Business Journal – Jan 11, 2016.

 

If you are interested in PARAMOUNT MIAMI PRE-CONSTRUCTION CONDOS

Please call:

HENRY B. NATHAN

(800) 416-2747 – (954) 296-6741

hbnathan@gmail.com

 

 

 

Please visit my websites:

condo-southflorida.com

Inmobiliaria-miami.com

golden-beach-homes.com

 

 

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Elysee Miami will be the tallest in Edgewater

It seems like Elysee Residences will be the tallest building in Miami Edgewater.

 

 

elysee-miami-residences-blog

 

FAA finally approved the tower’s height.  57 floors and 100 apartments on Biscayne Bay, will be the most luxurious and the tallest (so far) development in that area.
The plans for Elysee Residences, which would be the tallest condo tower in Miami’s Edgewater neighborhood, are set for takeoff after the FAA approved its height.
Two Roads Development plans to build the 57-story project with 100 units at 700 N.E. 23rd St. along Biscayne Bay. In August The FAA, after issuing a “notice of presumed hazard” related to its 649 ft. height, has now revised its decision and approved the height despite its closeness to Miami Airport.
Other projects might be boosted by these news, since Edgewater has become a preferred market for Miami developers.
Two Roads Development, which is developing the Elysee Miami, issued an appreciative statement thanking the County, the City of Miami and its Downtown Development Authority, for their support.
Elysee Residences is now starting its sales.

Prices start at $1.65 M at an average of $750 a sq.ft.
Construction should start in the first quarter of 2016. The condo units will include different models from three to five bedrooms.

Some penthouses will feature about 4,000 sq. ft. and will be priced up to $10M.
The design is a creation of Bernardo Fort Brescia from Arquitectonica.

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