Downtown Miami

Flagler On The River Is Now Open

Flagler On The River Overlooking The Miami River & Downtown Miami

Flagler On The River Overlooking The Miami River & Downtown Miami

Since our last construction progress photos, Flagler on the River has officially opened.

Construction began in March 2013 and was just recently completed. 

Next to Flagler on the River is the construction of the East Coast Building, which will be a storage facility with a rooftop restaurant.

Radio Tower Next To Miami Herald Building Halfway Down

Radio Tower Next To The Miami Herald Building

Radio Tower Next To The Miami Herald Building

The radio tower next to the Miami Herald Building was supposed to come down last month, but after some delays the tower started to come down earlier this week. 

The tower is currently halfway down and should be completely removed by early next week or sooner. 

Genting is still tearing down the Miami Herald building, which is taking a long time.

Proposal To Build 450 Foot Flag Of Gratitude Behind America Airlines Arena

Proposal Site For 450 Foot Flag of Gratitude

Billionaire Miami resident Mike Fernandez wants to build a 450 foot flagpole with the American flag in Downtown Miami. Inspired by a similar idea in Wisconsin, Fernandez thinks this would be a good addition to Miami.

ExMiami is reporting that Fernandez want to build the Flag on Parcel B, which is taxpayer land and located behind the American Airlines Arena. 

The cost would be between $5-10 million and Fernandez said he would pay the cost for the flag. 

Plans have been submitted to the FAA for approval.

Construction On East Coast Building On The Miami River

East Coast Building Site Next To I-95

Last week a new construction project broke ground on land just south of the almost completed Flagler on the River. The project is called East Coast Building and is being developed by Alex Mantecon and Guillermo Vadell. 

The project will be a mixed used building that will be mainly a storage facility, but have two restaurants, including one on the 9th floor rooftop. 

The ground floor restaurant will be 4,500 square feet and the rooftop top restaurant will be 7,000 square feet and have incredible views of the Miami skyline. 

Construction is expected to be completed by June of 2015. 

Below are renderings of the project.

Greater Downtown Miami Residential Real Estate Market Study

Aerial Over the Old Miami Herald Building

Miami Herald Building Off Of Biscayne Bay

Miami Herald Building Off Of Biscayne Bay

After starting demolition on the Miami Herald building in late April 2014, Genting has been slow to demolish the building. 

Genting had plans to build a mega resort on the site, with casinos, hotels, condo and retail, but have not been able to get state approval for a casino.

Below is a video of the Miami Herald Building.

Riverwalk East Developments Buys Land Next to Epic Hotel

Site Bought By Riverwalk East Developments

Site Bought By Riverwalk East Developments

Riverwalk East Developments, led by Alfredo Coto, has won the bid to receive prime waterfront land on the Miami River, according to SFBJ.

Bids for the land were expected to exceed $100 million and Riverwalk East Developments won the bid with a price of $125 million. 

Developer Ugo Columbo was selling the 1.25 acre land at 300 Biscayne Boulevard after plans were abandoned to build a second tower.

The site is approved for a 609 foot building, but could expand to reflect the Miami 21 code.