© 2024 Golden Dusk Photography, All Rights Reserved
The Crimson in Edgewater
Since topping off a year ago, The Crimson is almost complete on the 90 unit residential condo in Edgewater.
The 18 story building is located between the recently finishing Icon Bay and Bay House.
Previous construction photos can be seen here.
A 21 story building called Museum Club is proposed at 1598 NE 1st Ave, according to The Next Miami.
The project will have 97 hotel rooms, spa, restaurant and mechanical parking garage. The building was designed by Itec Design.
Turning the shell of the old Miami Heart Institute into the Ritz-Carlton Residences Miami Beach is still taking place on the site at 4701 Meridian Avenue. The previous six separate buildings are being combined into one building. Developers had to keep the existing shell because zoning on a new building would have required fewer floors.
Read MoreConstruction in Coconut Grove
After announcing Park Grove in the Summer of 2014, and starting construction earlier this year, work on the foundation is still taking place. Most of the parking has been removed and the Coconut Grove Bank will remain in operation while the work is done in phases.
Park Grove is being developed by Terra Group and Related Group that will consist of three residential towers and 300 units. Rem Koolhaas is the architect.
Sunset Over the Miami River
A plan called Riverside Wharf has been proposed that would revitalize the east side of the Miami River near I-95, according to Miami Today.
Riverside Wharf LLC- headed by Alex Manteca and Luis Garcia, would lease city land between 236-298 SW North River Drive and develop a series of restaurants and fish market on the sites. The 58,000 square foot Riverside Wharf would cost $30 million. Part of the proposal would be to make improvements to the riverbank and extend the public walkway. The plan is supported by Miami city commissioners and the Miami River Commission and will go to a vote today. A referendum will be scheduled for March 2016.
Recently, projects such as the condo Flagler on the River and the nearly completed East Coast Building have given a boost to development in the area. A building that would house a SushiSamba and Duck & Waffle was also proposed on the old East Coast Fisheries site last year.
Update: Miami City Commissioners have approved the project and it is headed for a referendum in March 2016.
Purchased Land in Red
Related Group has made its first purchase in Wynwood by partnering with Block Capital Group, according to The Real Deal.
Both Related Group and Block Capital Group each paid $5.25 million for 52,500 square feet of land between NW 26th Street and NW 27th Street.
Recent zoning changes allow for denser residential developments in Wynwood on 205 acres.
Combining art and luxury real estate, the discussion was held to help brokers tap into the tight-knit art community. The conversation was led by Cathy Leff, former director of The Wolfsonian and president of Leff Initiatives; Michael Donnell, founder of WMS Ventures; and Susanne Birbragher, president of Liaisons Corporation. Some of Miami’s top brokers were also in attendance. In addition to learning tips of the trade, guests were also privy to renderings and scale models of the property.
