Tuesday, August 6, 2013

Projects Under Construction in Miami


According to Consultant Peter Zalewski condo developers have been on a tear, proposing an average 1,000 new units per month since October 2012.
Since the fourth quarter of last year, developers have announced nearly 90 buildings representing a combined 9,500 new units.
An additional 1,200 units are expected to be announced in coming weeks. Since April 2011, 145 towers have been proposed, with the bulk — about 90 towers — to be constructed in Miami.
South Florida developers have recently filed applications with the Federal Aviation Administration — the governmental entity that governs airspace — to obtain approval to assemble construction cranes within the next 15 months for Chateau Group’s proposed 60-plus-story, 713-foot-tall tower at 600 Biscayne Blvd. and 710-foot-tall tower with at least 60 stories at 700 Biscayne Blvd; and Newmark Development Group’s planned 610-foot-tall tower with 55 stories at 24 SW 4th St. on the north bank of the Miami River, Zalewski wrote, adding that the total count is unclear with the developers still at the planning phase.
Unlike the previous boom, there is virtually no construction financing available with developers depending on deposits of about 50 percent to cover the building costs.
Residential Projects Under Construction:
Project
Address
Units
Floors
Bellini At Williams Island
4100 Island Blvd., Aventura
70
24
1100 Millecento Residences
1100 South Miami Ave., Miami
382
42
BrickellHouse
1300 Brickell Bay Dr. Miami
374
46
MyBrickell
30 SE Sixth St., Miami
192
28
Oceana Key Biscayne
350 Ocean Drive
154
15
Miami Beach Edition
2901 Collins Ave
26
11
Chateau Beach
17451 Collins Ave.
84
35
Mansions At Acqualina
17749 Collins Ave.
79
46
Regalia
19505 Collins Ave.
39
43





Residential Projects Gearing Up:
Project
Address
Units
Floors
Saxony
3399 Collins Ave.
67
19
Porsche Design Tower
18555 Collins Ave.
132
57
ICON Bay
450 NE 28th St.
300
40
Palau at Sunset Harbour
1201 20th St.
50
5
Grove at Grand Bay
2669 S. Bayshore Dr. 97
96
20
4701 North Meridian
4701 N. Meridian Ave., MB
145*
10
Unique
17141 Collins Ave.
62
44
Jade Signature
16901 Collins Ave.
192
55
One Ocean
2 Ocean Drive, MB
50
7
400 Sunny Isles
400 Sunny Isles Blvd.
230
20
321 Ocean Drive
321 Ocean Drive.;
N/A
9
Village At Island Estates
5000 Island Estates Drive
148
8
Peloro Miami Beach
6610 Indian Creek Drive
115
7
Marina Palms Yacht Club
17301 Biscayne Blvd. NMB
468
24
Echo Aventura
3250 NE 188th St. Aventura
190
11
Harbor Park
9901 E. Bay Harbor Dr.
20
9
Edgewater Apartments Condo
9821 E. Bay Harbor Dr.
41
9
Club At Bay Harbor
1025 92nd St.
42
8
Ivory
9261 E. Bay Harbor Dr.
41
8
Merrick Manor
4133 LeJeune Road, Coral Gables
180
10

 Commercial Projects Under Way:
Project
Address
Brickell CityCentre
701 S. Miami Ave and surrounding area
1400 Biscayne**
1400 Biscayne Blvd.
Miami Design District
From NE 38th St to NE 42nd St and W of NE 2nd Ave
Dadeland Mall
7535 N Kendall Dr.


* Approximately 130 condos and 15 single-family homes
** Scheduled to break ground in mid-2013
Source: Condo Vultures/Miami Herald


To Buy, Sell or Rent Properties in Miami  Contact me at 954.254.6085 or Email me at JuanSolerRealtor@gmail.com

To Buy, Sell or Rent Properties in Miami go to http://www.JuanSolerRealtor.com  


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