The 3-year, $620 million renovation of the Miami Beach Convention Center is powering towards completion. The redesign, which features 500 aluminum fins which are influenced by ocean waves, was designed by Fentress Architects, Arquitectonica and West 8. Miami Beach Convention Center features 1.4 million SF of total development including a 500,000 SF exhibit hall, 4 ballrooms and 127,000 SF of meeting space. The renovation will also bring a contemporary multimedia screen and futuristic lighting on the ballroom ceilings. Construction is expected to be completed by December 2018 for Art Basel and construction on the adjacent park, the final piece of the renovation, should begin shortly.
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In the highly anticipated election on Tuesday night, Miami Beach residents approved the construction of an 800-room convention center hotel. The referendum needed a 60 percent vote in order to lease public land from the city and passed at 64 percent in its third attempt to bring a headquarter hotel to Miami. The hotel will be built on a city-owned parking lot adjacent to the newly renovated convention center.
The previous attempt in 2016 failed due to concerns over the size, originally twice as large as the current proposal, and traffic congestion. The tourism bureau estimates Miami Beach lost at least $250 million in economic revenue over the last several years because it was unable to accommodate larger scale conventions.
South Beach resident Andres Montejo, 43, said that the convention center hotel was one of the issues that drove him to the polls. Montejo, a businessman who travels frequently for work, said that the other cities he visits already have hotels connected to their convention centers.
“A convention center is great, but without a hotel it’s just another convention center,” he said after casting his ballot at Miami Beach Senior High School. “Anybody that travels … you know that’s how the game works. It’s like that all over the world.”
Other residents, annoyed with the constant flow of construction and resulting noise and traffic in the area, decided to vote against the hotel.
The hotel will connect to the convention center via a pedestrian bridge and include a 53-foot podium containing parking, meeting spaces and ballrooms as well as two 185-foot-tall wings of hotel rooms. Voters authorized the lease and the construction of an 800-room hotel with a maximum height of 185 feet, but specifics of the hotel design will be evaluated by the city’s Design Review Board at a later date.
The group behind the proposal — Turnberry’s Jackie Soffer, Terra Group’s David Martin, Miami Design District developer Craig Robins and architecture firm Arquitectonica — emphasized that the hotel would be roughly 100 feet shorter than the previous proposal and include six times more space for cars to queue on the property so that they don’t spill onto the street.
“This is the right project for our city at the right time, and Jackie, Craig and I look forward to working with the community to deliver a hotel that will make Miami Beach proud,” said developer David Martin.
On a related ballot item, residents voted to earmark the guaranteed hotel rent payments for traffic reduction measures, stormwater projects and education initiatives, rather than sending the money to the city’s general fund where it could be used for a broader range of expenses.
According to the terms of the lease agreement, the hotel will have to pay Miami Beach either fixed rent totaling $16.6 million over the first 10 years or a percentage of hotel revenue, whichever is greater. Miami Beach estimates that the city will also collect $96 million in taxes from the hotel over the next 30 years.
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Just days after Virgin Trains USA announced it had taken a minority stake in Brightline and presented plans to the Securities and Exchange Commission for permission to conduct an initial public offering of stock, Richard Branson has continued his push into South Florida as Virgin Voyages prepares to launch. Virgin has now revealed a new $150 million terminal in PortMiami for Virgin Voyages whose first ship, Scarlet Lady, will launch in 2020. The new 2-story terminal is being designed by Arquitectonica and will be made of storm resistant glass which will resemble a palm tree. Virgin is currently awaiting approval from Miami-Dade commissioners before breaking ground.
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Miami Beach Commissioners Vote To Finalize Deal With Crescent Heights At South Shore Hospital Site On Alton Road
Miami Beach commissioners have officially voted in favor of finalizing the proposed deal with Crescent Heights and its co-founder Russell Galbut to redevelop the former South Shore Hospital site on Alton Road in South Beach. As per the agreement Crescent Heights will fund and build a 3 acre park on the Alton Road site in exchange to allow Galbut to up-zone the site where commissioners approved a tower height increase to 519’. The tower is being designed by Arquitectonica and will rise 44-stories, offering 410 luxury units which the developer will be allowed to rent as short term rentals with a minimum term of 30 days per rental. After sale-and-purchase of the condo units the buyers will not be permitted to rent out their condos on a short term rental basis. The park which will be connected to the baywalk which wraps around South Pointe via a taxpayer funded pedestrian bridge. Galbut now has 6-months after the appeal periods to demolish the vacant South Shore Hospital and must complete the park within 2.5 years after the construction permit for the tower is issued, which must be completed with in 8 years. Should Galbut wish to flip the property he must retain 10% ownership.
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A new standard for refined, relaxed luxurious interiors
Missoni Baia’s 249 bayfront residences celebrate the timeless appeal of waterfront living in relaxed, modern style. It cuts a prominent figure on the Miami skyline and on East Edgewater’s waterfront. Missoni Baia soars 57 floors into the air and spans an impressive 200 feet along Biscayne Bay. Missoni, the legendary Italian fashion house, offers as much a way of living as it does a way of style. Guided by visionary design and innovative craftsmanship, Missoni’s colorful style is infused with a tangible sense of joyfulness and relaxed luxury. Now for the first time in its history, Missoni is giving form to this unique sensibility through a residential property: Missoni Baia.
Bought in 1993 by our current owners, this natural wonder has been transformed from a simple scuba diving site to a world class tourist attraction. Visit one of North America’s most prehistoric places, Devil’s Den Spring! This underground spring inside a dry cave has been home to many extinct animal fossils dating back to the Pleistocene Age, which are on display at The University of Florida’s Museum of Natural History.
On cold winter mornings you can see steam, like smoke, rising from the chimney opening. Thus, the early settlers gave the name Devil’s Den. With crystal clear water, year round 72 degree water temperatures, ancient rock formations with stalactites, fossil beds dating back 33 million years, and much more, you’re guaranteed to leave with memories that will last a lifetime!
Vast RV Park with 32 sites. Most sites offer 30/50 amp hook-ups, water, and sewer. We can accommodate large and small RV’s. Rates (August,2017): Per Night Stay: $24.00 or Weekly Stay: $110.00. Hours: 7 days a week: 8 a.m. – 6 p.m. Last water entry at 5:30 p.m. Main Gate Closes 7:00 pm Nightly.
Contact: 5390 N.E 180th Ave, Williston, FL 32696
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Bayfront school added nearly 7 acres in 2016 with $35M purchase
The prominent, private middle and high school is under contract to purchase a home at 1921 South Bayshore Drive for about $3.7 million, according to Engel & Völkers Miami. The deal, set to close Nov. 15, would add about an acre to the 16.7-acre campus.
The property the school is buying includes a three-bedroom, 4,612-square-foot home. Records show Jeffrey Degen and Gary Majka of Degen Majka Interior Design are selling the Coconut Grove lot. It was listed with Victor Olaniel of The Olaniel and Elliott Team and Angel Nicolas of The Nicolas Group at Engel & Völkers. It was previously owned by Maria, Scott and Howard Srebnick, and Howard’s wife, Stacy Robins of the Robins family.
Rendering of the STEM center at Ransom Everglades
It’s unclear what the school plans to use the 40,500-square-foot property for. Ransom Everglades declined to comment.
It’s not the first time the school, which has its high school at 3575 Main Highway and its middle school at 2045 South Bayshore Drive, expands its land holdings in the Grove. In 2016, Ransom Evergladers paid nearly $35 million for the adjacent property at 3551 Main Highway. Earlier this year, developer and neighbor Caroline Weiss sued Ransom Everglades over its amended special area plan. In addition to increasing the Upper School’s total lot area to 801,319 square feet, the special area plan increases its maximum enrollment by 67 for a total of 726 students, increases staff from 140 to 160 and increases the surface parking lot by 31 spaces for a total of 241.
The bayfront school is also renovating its campus and building a new Science Technology Engineering and Math center. Earlier this month, it unveiled a portion of the completed renovations to the Cameron Hall, according to a press release.
As the name suggests, the legendary automobile makers of the Aston Martin are behind the new project
After the unquestionable success of luxury-brand condo towers like Porsche Tower Miami, Armani Casa Condo, or Fendi Chateau Residences, Aston Martin comes to make its mark with its first real estate deal called Aston Martin Residences. This ultra-lavish residential development will be located at the mouth of the Miami River in downtown Miami providing expensive views of the bay and the city, and backed up by its elite name, it will deliver an unpriced elevated lifestyle. Over the top amenities like a yacht marina, fitness centers and spas and an spectacular rooftop swimming pool are just a preamble to what is about to come.