MIAMI | Development Thread

[dave8721]

Originally Posted by Private Dick

I nominate this thread be terminated in the name of all that is good and holy.

For the love of god, please make it stop.

Oh yeah, and one more thing, Miami is a glitzy and glamorous city for skyscrapers... just fyi.

And perky and firm.

[brickell]

so round and muscular

[skyscraperfan23]

We need more glamour in miami.

[skyscraperfan23]

and more money and power for miami.

[dave8721]

http://www.globest.com/news/12_671/m...on-336651.html

32nd New South Florida Condo Tower Launches Construction

By Jennifer LeClaire | Miami

MIAMI—At least 152 new condo towers are proposed in South Florida—and construction is underway on the 31st and 32nd condo high-rises in the region. So says a new report from CondoVultures.com.

GlobeSt.com recently reported on the groundbreaking of 400 Sunny Isles, a 230-unit condo project in Sunny Isles. That brings the total of under-construction condo units to 565 in Sunny Isles alone, according to the Preconstruction Condo Projects Database compiled by the licensed Florida brokerage CVR Realty. And that number is about to rise as developers break ground on Jade Signature, adding another 198 units to the construction tally later this month. Across the tricounty area, developers are planning about 20,000 units.

“The push for new condo construction comes as the boom-era unit inventory is dwindling in South Florida,” says Peter Zalewski, principal at Condo Vultures. “Overall in South Florida, less than 2,150 new condo units remain unsold from a supply of nearly 49,000 units created since 2003 in South Florida’s seven largest coastal markets …”

Zalewski reports that a number of the newly proposed condo units are not expected to be completed until 2014. That’s when the unsold developer inventory from South Florida's last real estate boom and bust is projected to be sold.

“It is important to note there are various stages to a residential real estate transaction in South Florida,” he says. “A transaction begins when a property is made available for sale and ends when a title is conveyed from one party to another party as a result of the recording of a deed with the local government. As part of the process, a property typically goes under contract and into a due diligence phase by which a deal can be canceled.”

[dave8721]

http://www.miamiherald.com/2013/08/2...-downtown.html

All Aboard Florida seeks downtown Miami property for train hub

BY ALFONSO CHARDY
ACHARDY@ELNUEVOHERALD.COM

Managers for All Aboard Florida, the project to build an Orlando-to-Miami passenger train service, are about to begin negotiations with Miami’s Community Redevelopment Agency to acquire two parcels in downtown Miami as part of the plan to build a massive train station and transportation hub downtown.

The goal is to persuade the CRA to sell the parcels across from the Lyric Theater in Overtown to All Aboard Florida for $5.5 million, according to Michael Reininger, president and chief development officer for the train project.

All Aboard Florida’s disclosure that it is seeking to acquire the two parcels, currently operating as a parking lot, marked another significant milestone in the $1.5 billion train project. Reininger and the project’s public affairs manager, Ali Soule, also provided the first glimpse of what the Miami station and transport hub would look like. It wouldn’t be just a train station with amenities inside, such as restaurants, cafeterias and shops. It would also include office space, residential apartments and retail stores. One of the reasons All Aboard Florida wants to acquire the two parcels at the corner of Northwest Eighth Street and Second Avenue is because project managers want to build a multi-story building there that would feature apartments, offices, shops and parking for the area, the nearby Lyric Theater and the International Longshoremen’s Association — all connected to the train station.

The station would rise on parcels where parking lots operate right now, next to the county government building downtown. Those parking lots belong to the company in charge of All Aboard Florida.

[skyscraperfan23]

Originally Posted by dave8721

http://www.miamiherald.com/2013/08/2...-downtown.html

thank god for free market HSR, not taxpayer spending funded.

[Private Dick]

^^ They won't be able to build it without federal loans dude.

Youre a sochialist like all the rest. You fucking commie! Next youre gonna tell us about how you work for the FAA!

[N830MH]

http://www.wsvn.com/news/articles/lo...to-completion/

Port of Miami tunnels is almost to be completion. It will be done sometime in Spring 2014. You don't have worry about traffic in downtown anymore. You can go into the tunnels from I-95 or I-395, and Miami Airport as well. This is only for cruise passengers & cargo containers as well.

[bobdreamz]

^ Actually the Port tunnel is for cargo trucks only. Cruise passengers will still have to go through downtown Miami streets and use Port Blvd. next to the AA Arena to access the cruise ship terminals.

[N830MH]

Originally Posted by bobdreamz

^ Actually the Port tunnel is for cargo trucks only. Cruise passengers will still have to go through downtown Miami streets and use Port Blvd. next to the AA Arena to access the cruise ship terminals.

Actually, Cruise passengers bus won't go through downtown Miami, but instead, they have to go through the tunnels. All vehicle have go into the tunnels.

[BrandonJXN]

Are there any infill projects going up in Miami?

[Private Dick]

Originally Posted by ThreeHundred

Are there any infill projects going up in Miami?

Maybe not infill in terms of what infill might mean in older, denser cores. But, it's great to see some mid-rise apartment/condo buildings going up with ground floor retail, as well as lower height apartment buildings.

There is ample land for "infill" development within, immediately north, and immediately west of downtown and Brickell. I think we're going to see many of those types of projects in the near future -- including ground floor retrofits of office buildings in the Brickell area specifically, and residential conversions in downtown proper. Once you start getting that going at a good pace, the environment in Miami's core can dramatically become much less "suburban".

http://exmiami.org/index.php/broadst...sign-revealed/

http://exmiami.org/index.php/peebles...l-residential/

[BrandonJXN]

I think Miami would benefit more if there was a boom of infill projects in the 8-20 story range.

[dave8721]

Most of the smaller traditional "infil" type of developments are on the fringes of downtown. There are quite a few of them but they don't get the attention that the 150 or so 40+ story towers proposed around town get. Insane land prices in the actual core make any smaller developments pretty much impossible.

Here for example is the area just to the west of Brickell (west of the Metrorail tracks). This area had been filled with old run-down 3 to 5 story apartments that are being raised and replaced with 15 to 25 story rental towers at a quite a pace. East of the metrorail tracks very little under 40-stories gets built. There was a 3 to 5 story Jewish center built recently and in the CBD, Miami-Dade College has built a few 5 or so story classroom, activity center type buildings and there is a Whole Foods under construction but it is being built to support a future apartment/condo tower on top of it.

(from QuantumX @ssc)


Here is another image showing the northern fringes of downtown, Edgewater (bottom of the image). A ton of 15 to 20 story smaller scale towers have gone up and are going up in this area but recently a few proposals for monolithic 55+ story towers in this area so we will see what happens with that neighborhood.

[jd3189]

Originally Posted by Private Dick

Maybe not infill in terms of what infill might mean in older, denser cores. But, it's great to see some mid-rise apartment/condo buildings going up with ground floor retail, as well as lower height apartment buildings.

There is ample land for "infill" development within, immediately north, and immediately west of downtown and Brickell. I think we're going to see many of those types of projects in the near future -- including ground floor retrofits of office buildings in the Brickell area specifically, and residential conversions in downtown proper. Once you start getting that going at a good pace, the environment in Miami's core can dramatically become much less "suburban".

http://exmiami.org/index.php/broadst...sign-revealed/

http://exmiami.org/index.php/peebles...l-residential/

Hopefully this kind of development is more prefered in the future. If Miami needs a model for lowrise density, it shouldn't look very far. Miami Beach(South Beach) has already set the standard.

[Private Dick]

Originally Posted by dave8721

Here for example is the area just to the west of Brickell (west of the Metrorail tracks). This area had been filled with old run-down 3 to 5 story apartments that are being raised and replaced with 15 to 25 story rental towers at a quite a pace.

I'd like to see those old 1940s apartment buildings get refurbished/improved. They actually represent historic architecture for Miami, and it would benefit the creation of a real neighborhood to preserve and enhance them, rather than level them for more generic 15 story towers atop parking garages.

[brickell]

I wish there was more small scale stuff going in around the periphery, but land prices mean they're either building tall or not at all.

Does seem to be changing lately with quite a few midrises going up.

[dave8721]

Originally Posted by Private Dick

I'd like to see those old 1940s apartment buildings get refurbished/improved. They actually represent historic architecture for Miami, and it would benefit the creation of a real neighborhood to preserve and enhance them, rather than level them for more generic 15 story towers atop parking garages.

Edgewater actually has (or had) a lot of nice late 1910's-1920's apartments, some of the oldest in Miami. But most of them have been raised in the last few years. Some condo developers are leveling almost entire blocks and letting them sit vacant for years. I wish more was done to save some of them. The older West Brickell ones are nothing special and aren't all that old either. Most are actually from the 60's and 70's.

Here's a typical Edgewater streetscape. Small old buildings and big new ones. In the new buildings defense, before those new buildings, the old buildings didn't house much more than prostitutes and drug dens.
(pan around 360 degrees to see the contrast)
https://maps.google.com/maps?q=ne+24...359.85,,0,2.54

Now way too much of Edgewater looks like this as big sections were bulldozed:
(pan around again) -soon to be the site of 40+ story buildings
https://maps.google.com/maps?q=450+n...27.23,,0,10.14

[easy as pie]

well, in theory, once the rezoning is all completed for wynwood, it should see a boom in 4-8 story construction (along with a concomitant cap in land values).