Downtown Miami

40 Story Courtyard Marriott Coming To Miami

After being purchased for $8 million in February 2016, a 40 story Courtyard Marriott Hotel is being planned at 511 NE 15th Street, according to The Next Miami. 

The site is located next to the old Miami Herald Building and is on a lot size of 11,700 square feet.

The hotel will have no parking, but rise 580 feet with 270 hotel rooms. The glass exterior will have  a colorful faΓ§ade.

The building was designed by Shulman + Associates.

7th Street Apartments Reaches 21st Floor

7th Street Apartments in Downtown Miami

7th Street Apartments continues to rise in Downtown Miami and has reached the 21st floor. Previously the building was on the 13 floor at the end of May.

Construction has started on the parking garage portion of the building, but work has not started on the second tower as of yet.

Previous construction photos of 7th Street Apartments can be viewed here.

A Look At The MiamiCentral Construction

MiamiCentral Station

MiamiCentral Station

Construction is progressing on the 11 acre mixed used development MiamiCentral since we last looked in March. 

The windows are being installed on the lower two floors where the 180,000 square feet of retail will be and include tenants such as Monger - New Signature Restaurant byThe Voltaggios, Rosetta, Starbucks, Einstein Bros. Bagels, Parliament Espresso & Coffee Bar and more. 

The elevated tracks are taking shape that will start service to Fort Lauderdale and West Palm Beach and eventually Orlando.

Progress has been made on the office tower Two MiamiCentral, which will have 190,000 square feet of class A office space at 10 stories. Tenants include Ernst & Young, Regus, Moss & Associates and Florida East Coast Industries and more. Two MiamiCentral is expected to be completed by the Fall of this year.

The other office tower, Three MiamiCentral, at 12 stories is nearly complete and is expected to open by the end of the Summer. Tenants include Brightline and more.

Previous construction photos of MiamiCentral, which is expected to start service later this year, can be viewed here.

31 Story Parcel B Planned For Downtown Miami

Parcel B Rendering

Parcel B Rendering

A 31 story apartment building has been proposed for Downtown Miami called Parcel B, according to The Next Miami. 

Located at 40 NW 3rd St, Parcel B, designed by Zyscovich Architects and Frances Anillo Toledo, will have 300 apartment units with 44 studios, 124 1-bedroom units and 132 2-bedroom units. There will also be a 369 parking spaces and 5,000 square feet of retail.

The site is located next to where Moishe Mana is planning a 49 story rental tower.

Melo Group Purchases Downtown Miami Lot For $10M

Melo Group has purchased a 45,433 square foot lot located at 501 North Miami Avenue for $10 million, according to The Real Deal.

The lot was sold by the First Baptist Church and as part of the deal, Melo Group must build a 300 space parking garage for the Christ Fellowship Baptist Church. 

Zoning allows for an 80 story building to 1,131 feet with up to 1,043 residential units.

The Northern 35,992 square foot part of the lot was sold for $18.1 million in March to Okan Group with plans to build a mixed use building. 

Downtown Miami FedEx Building Sold For $37.25M

Downtown Miami FedEx Building

Downtown Miami FedEx Building

The Downtown Miami FedEx Building located at 200 South Miami Avenue has sold for $37.25 million, according to The Real Deal. 

The seller is Fifteen Group who purchased the 110,000 square foot building in 2014 for $19 million. The buyer has not been disclosed.

In November 2014, Fifteen Group purchased the First Church of Christ Scientist in Edgewater for $14.3 million.