555 NW South River rd, Miami River
Miami Riverhouse 555 is created by New York-based architect Carlos Zapata.
Design featuring two striking glass-and-steel buildings that resemble cargo ships weighed down by stacks of containers .
The development team sought permission to extend the parking component along the project’s frontage and cover it with an artistic or glass treatment and reduce parking requirements by 30 percent, among other waivers.
Consisting of three towers of up to 12 stories, 555 Riverhouse would entail 90,000 square feet of office space, 23,000 square feet for other commercial uses, and a condo-hotel with 169 lodging units and 39 residential units that can be rented out by the owners. Amenities include a 600-foot public riverwalk and 146 feet of view corridors. According to Jain, luxury hotel brand Sixty Hotels would run the 555 Riverhouse hotel portion and the condos would be listed in the $1 million to $1.5 million range.
Her partners also include Joe Del Vecchio and Oklahoma City developer Zerby Interests, Bob Zangrillo was also a partner for a minute, but had recently exited the project.
NR received the green light for the affordable housing-Canvas and Filling Station Lofts and next door builder is going affordable housing. The 29-story Uni tower held a groundbreaking ceremony in August, but actual construction is expected to begin this year.Read more
The developers of Eighteen Sunset, approved as a luxury residential building with retail and restaurant space in Miami Beach’s Sunset Harbour, are now proposing Class A office space as the primary use instead. Located at one of the entrances to the neighborhood in the 1700 blocks of Purdy Avenue and Bay Road, the project was approved in 2018 for 12 residential units, parking, and ground floor commercial space.Read more
A super majority of Miami Beach’s electorate approved the Wolfsonian-FIU’s plans to expand its Washington avenue building! The Wolfsonian-Florida International University is proposing a renovation and 25,000 sq. ft. expansion of its existing museum on Washington Avenue in Miami Beach. In order to do that, it will have to ask voters to allow an increase in Floor Area Ratio (FAR or density)-approved!!Read more
Miami-Dade County’s leased space was on par with that of the second quarter, but compared to the same period last year, 1 million square feet less space was leased. Broward County saw record high asking rents in manufacturing and flex space. Palm Beach County saw record highs in flex space and warehouse asking rents.Read more
Prestigia offered to pay $1.2 million to acquire a 1.89-acre parking lot at 2717 Van Buren Street from the city of Hollywood. The planned development would have two four-story apartment buildings with a total of 63 units and two three-story townhouse buildings with a total of 15 units. The development also would include 111 parking places and a pool, according to a 108-page development proposal that Prestigia submitted to the city.Read more