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Construction Permits Filed At High-Tech Lynq Wynwood Office Campus

A construction permit application has been submitted to Miami’s Building Department for the Lynq Wynwood office complex (formerly knows as Wyn on 5th).

The developers have previously said the project would be the most high-tech office campus in Miami.

The project consists of a north and south building  across the street from each other, both at 8-stories. The two buildings will have a combined 36,000 square feet of ground floor retail space, and 331,000 square feet of office space. Each building will also have an enclosed parking garage, with 370 spaces in the south garage and 265 spaces in the north garage.

According to a May press release, the developers secured the necessary approvals to proceed with construction of the buildings. The project was reviewed by the Wynwood Design Review Committee and the Urban Design Review Board in February and March.

The full construction permits are in pre-screening with Miami’s Building Department since July 22, meaning that the plan sheets have yet to be filed. The developer is opting to use a private reviewer to expedite the process, the permit shows.

Juneau Construction Company is listed as the contractor.

DERM records show that permits were also filed in late July for drainage wells at both the north and south tower construction sites.

RAL Development and TriStar Capital are the developers. Arquitectonica is the architect.

 

Source:  The Next Miami

 

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Miami-Dade Seeks Partners For Allapattah Redevelopment

Miami commissioners plan to issue an RFP for the city’s General Services Administration site at 1970 Northwest 13th Avenue and 1950 Northwest 12th Avenue in Allapattah.

The July decision to issue an RFP for that site came after Miami-based NR Investments made an unsolicited proposal to develop a mixed-use complex there with a hotel, offices, retail and multifamily, with some workforce housing. Upon accepting that plan, commissioners had to allow other developers to submit their own proposals for the site.

Miami-Dade is also calling on developers to overhaul the county’s Government Center headquarters in what could be one of South Florida’s biggest public-private ventures.

The county is seeking proposals for the 17-acre site, which includes the commissioners’ chambers and county administrative offices at 111 Northwest First Street. The property has 1.1 million square feet of government buildings, public parking and some retail, according to a request for proposals issued Tuesday.

The RFP allows for the construction of between 17 million and 23 million square feet of real estate. That does not include the government buildings, but the solicitation leaves the door open for some of those to be rebuilt.

Miami-Dade has given broad guidelines for its vision for the site, though it has emphasized the need for mixed-income housing by calling for high-rises to include both affordable and workforce housing. The RFP allows for a mix of uses such as hospitality, retail and educational facilities.

The county has set some thresholds for its own facilities, likely in case developers propose replacing the existing government buildings.

It wants to ensure that there will be 36,000 square feet for commissioners’ offices and conference rooms; 7,300 square feet for the chambers; 60,000 square feet of offices for the parks department’s headquarters; a cultural campus where HistoryMiami Museum and the existing downtown library will be included; a day care; 45,000 square feet for recreation and wellness space; and 2,000 county-operated public parking spaces, according to the RFP.

The development site is connected to Government Center station, one of Miami’s main transportation hubs where the Metrorail, Metromover and county buses stop. As such, the RFP calls for an intermodal terminal that connects to the station. The site is also walking distance from Brightline’s MiamiCentral station.

On a preliminary basis, the county is eyeing a 99-year agreement with the developer that submits the winning proposal.

The entire site spans 11 properties, including the Hickman office building at 275 Northwest Second Street; a portion of the Cultural Plaza, which includes HistoryMiami, at 20 Northwest First Avenue; the parking lot at the Children’s Courthouse at 155 Northwest Third Street; and county fleet parking locations at 120 and 150 Northwest Second Avenue.

Government Center, which actually spans 28 acres, includes three properties that were carved out from the RFP. They are the old, historically designated civil courthouse at 73 West Flagler Street; the site where the new courthouse is being developed at 101 West Flagler Street; and the North River Towers at 395 Northwest First Street and 24 Northwest North River Drive, which is subject to a separate county RFP.

 

Source:  The Real Deal

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Studies Completed For Miami Beach Rapid Transit, People Mover To Design District

Miami-Dade has completed an environmental study for a rapid transit connection between downtown Miami and Miami Beach.

The Draft Environmental Assessment is required in order to satisfy the National Environmental Policy Act.

The study covers the Beach Corridor Trunkline from the existing Metromover system in Downtown Miami to 5th Street and Washington Avenue in the City of Miami Beach.

Separately, the county has completed the Draft Categorical Exclusion (DCE) document for the Miami Design District Extension.

A DCE was assumed as the NEPA document for the Design District extension, but additional studies will now be required to complete the NEPA process in 2023, the county says.

The county will hold a public meeting on the Beach Corridor on August 9.

Current plans are for a monorail system to Miami Beach, and a Metromover-type system to the Design District.

To view the studies, click here.

For more details on the August 9 meeting, click here.

 

Source:  The Next Miami

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Wynwood Plaza Submitted To FAA, With Construction Permit Getting Closer

The developer of The Wynwood Plaza has submitted the project to the FAA for review as it moves closer to obtaining a construction permitting.

According to the July 26 submission to the FAA, the tallest height of the project is planned to reach 212 feet above ground, or 225 feet above sea level.

A construction permit application was submitted to Miami’s Building Department in September 2021, listing an estimated hard construction cost of $130 million, and Moss Construction as the contractor.

City records show that the permit was moving through multiple reviews by Miami’s Building Department as of July.

In April, the developers said there was strong demand for the office component, with 75,000 square feet said to be in negotiation.

According to a water and sewer utilities deal the developers signed in April, The Wynwood Plaza is planned to include:

  • 509 apartments
  • 212,962 square feet of office space
  • 25,550 square feet of retail

The project is also planned to include a landscaped 25,000 square-foot outdoor public plaza, and a parking garage with 668 car spaces and 954 bike spaces.

Gensler is listed as the architect of record on the construction permit.

 

Source:  The Next Miami

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Brick & Timber To Buy Cube Wynwd Office Building For $60M

Brick & Timber Collective plans to purchase its third Wynwood building.

Glenn Gilmore’s Brick & Timber put the Cube Wynwd offices at 222 Northwest 24th Street under contract for over $60 million. The seller is a joint venture of Tricera Capital and Alex Karakhanian’s Lndmrk Development, which will retain a 20 percent stake, two of the sources said.

In March, Brick & Timber paid $49 million for Wynwood Annex at 215 Northwest 24th Street, across the street from Cube Wynwd. The deal marked the San Francisco-based firm’s debut in South Florida. On the heels of that deal, Brick & Timber bought the three-story office and retail building at 2724 and 2734 Northwest First Avenue for $9 million in May.

Cube Wynwd is almost fully leased, one of the sources said.

The eight-story, roughly 100,000-square-foot building was completed in 2019. The developers, Redsky Capital and JZ Capital Partners, sold it to Tricera and Lndmrk for $28 million in the spring of last year.

 

Source:  The Real Deal

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Here’s A Look At Wynwood’s First Hotel, Opening This Fall

One of the best things about Wynwood: it isn’t crammed with resorts the way South Beach is or packed with high-rises like Brickell. Both mean congested avenues and Miami restaurants you’ll never get into. The worst thing about Wynwood? There’s nowhere to stay overnight, whether it’s after your Miami bar crawl or for a weekend escape in the city’s art district. Luckily, that’s soon to change.

This fall, experience-driven hotel brand Arlo will debut the neighborhood’s very first hotel. Designed by Meyer Davis, Arlo Wynwood is set to be a nine-story, 217-room property boasting a rooftop pool with private cabanas, a bar, a café and a yoga deck. Guests will also have access to an indoor/outdoor restaurant, three bars, a bodega and a pool table—or zip around the neighborhood in your complimentary bike rental. Expect guest rooms to be thoroughly modern but warm, bringing some of the outside in with fresh greenery and light wood accents. Perhaps slightly less gritty and industrial than other developments in the neighborhood.

In keeping with its artistic surroundings, Arlo Wynwood, which opens in October, will display more than 250 works of art from a range of artists, including Alain Castoriano, Coruna Luna and Jessica Poundstone. The hotel’s exteriors will feature works by Miami-based artist Hoxxoh, known for his “spheres of life” that illustrate the motions of space and time, as well as MILAGROS Collective, whose co-founders, Felici Asteinza and Joey Fillastre, will create site-specific geometric work. Up on the yoga deck, Florida-based collage artist Ari Robinson will present a plexiglass mural that interacts with light.

Locals are invited to hang at Arlo Wynwood too, specifically at one of its wellness-themed events—be it the daily yoga classes or weekly meditation sessions. There’s also nighttime programming in the works, featuring DJs and live music to bring home the Wynwood vibes.

 

Source:  TimeOut

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Former Low-Income South Beach Apartments Hit Market As Possible Hotel Conversion

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Jamestown is looking to cut off a slice of its Collins Avenue portfolio by listing a historic South Beach apartment building for sale.

The Atlanta-based real estate investment firm, led by CEO and principal Matt Bronfman, retained Marcus & Millichap to market 727 Collins Apartments at 727 Collins Avenue in Miami Beach, according to an online listing. Jamestown and Marcus & Millichap’s Joseph Thomas, who is leading the marketing efforts, declined comment.

After publication, Thomas said the price guidance is $15 million. In 2015, a Jamestown affiliate paid $12.3 million for the four-story Art Deco building completed in 1930, records show.

The 25-unit property operated as a low-income, housing tax-credit apartment building until April when the restrictions expired, the listing states. As a result, potential buyers will be able to convert 727 Collins Apartments into a limited-service hotel or a short-term rental building, according to Marcus & Millichap. The 23,238-square-foot building, a mix of one- and two-bedroom apartments, also has a ground-floor retail store.

 

Source:  The Real Deal

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NR Investments Files Proposal To Build Mixed-Use Complex In Allapattah

NR Investments wants to develop a massive mixed-use complex on Miami’s General Services Administration site in Allapattah.

Ron Gottesmann and Nir Shoshani’s development company filed a proposal for a 99-year lease and redevelopment of the city-owned 18-acre property at 1970 Northwest 13th Avenue and 1950 Northwest 12th Avenue, according to the application. The property is just south of the Santa Clara Metrorail station.

NR Investments wants to build 2,500 apartments; 300 hotel keys; 200,000 square feet of office space; and 100,000 square feet of retail, the plans show. As part of the multifamily portion, 500 units will be workforce housing for households earning from 100 percent to 140 percent of the area median income. The proposal calls for roughly 5 acres of open public greenspace.

The application does not specify the heights of the buildings, but does say the project won’t require changes to the site’s existing zoning. Currently, towers of up to 30 stories, or buildings with eight stories for podiums and 22 stories for the main portion of the towers, are allowed.

NR Investments’ submitted the application in late May as an unsolicited proposal for the public property, meaning the city has to allow other developers the opportunity to file redevelopment plans.

On Thursday, Miami commissioners unanimously voted to accept NR’s application, a symbolic decision showing they are not rejecting it, and agreed to issue formal requests for proposals. The official RFP will be issued in 45 days and allow another 45 days for applications submittals.

NR’s project envisions various public spaces, such as a “study house” for after-school, continuing education and job-training programs, as well as a community market with a stage for public events, and a promenade with food and retail stands, the application shows. The redevelopment also would breathe life into the Santa Clara station, which NR said has the lowest ridership out of all Metrorail stops.

The 5 acres of public parks will include a dog park, community gardens and possibly an urban farm.

DPZ CoDesign is the project’s architect.

NR proposes rental payments to the city that would add up to $1.5 billion for the land lease over the 99 years, the filed materials show.

The Miami GSA site currently is used for city services such as printing, and for the storage of trucks. It also has a fire rescue station on the northeast corner of the site. Under NR’s plan, the station would be moved elsewhere along Northwest 20th Street.

Among the issues commissioners discussed is that the GSA site is one of several locations designated for the creation of public park space to make up for the greenspace that will be lost by the development of Miami Freedom Park soccer stadium. Under city rules, a developer that builds over park space has to recreate it elsewhere.

NR’s proposal calls for slightly less than the 6.8-acre greenspace that must be recreated on the site to make up for what is lost from the Miami Freedom Park project.

Overall, this is something that can be fixed as the redevelopment plans move forward, some of the commissioners said.

“I don’t think that at this moment we need to determine down to the inch,” said commission chair Christine King.

Miami-based NR is among the firms that redeveloped the city’s Arts & Entertainment District. Its projects there include the 38-story Canvas condominium at 1630 Northeast First Avenue, and Filling Station Lofts, an 81-unit rental building at 1657 North Miami Avenue.

This year, NR started building the 29-story Uni Tower with 252 workforce and affordable rental units at 1642 Northeast First Avenue.

 

Source:  The Real Deal

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Starwood Cancels Purchase Of Miami Beach Office Building

Days before it was slated to close on the purchase of an office building in Miami Beach, Starwood Capital Group has pulled out of the deal, according to a source directly involved in the matter.

Miami Beach-based Starwood, one of the largest real estate investors in the world, was under contract to purchase The Lincoln, at 1691 Michigan Ave., for $92.5 million from CLPF Lincoln LLC, in care of Washington, D.C.-based Clarion Partners. The Miami Beach City Commission approved the assignment of the ground lease for the property July 20, clearing the way for the purchase. The price of the pending deal was disclosed in city records.

However, Starwood terminated the contract July 26, according to a source close to the deal. That means Starwood will likely lose the $2.5 million deposit it made when the property went under contract. If Starwood had pulled out of the deal only a week earlier, it could have recovered that money, according to the source.

The Lincoln consists of 118,658 square feet of office space, 43,166 square feet of retail and a 709-space parking garage.

Source:  SFBJ

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Billionaire Stephen Ross’ Deauville Resort Redevelopment Plan Could Soon Be Up For A Vote

Miami Beach voters will likely decide Nov. 8 whether billionaire Miami Dolphins owner Stephen M. Ross can redevelop the site of the shuttered Deauville Beach Resort with the height increase he wants.

The City Commission on Wednesday approved putting the item on the ballot on first reading. It would take a second vote by the same body to officially put it on the ballot. Ross’ plan would create a “North Beach Oceanside FAR Overlay” district to raise the maximum height on the Deauville site to 375 feet, and permit more building density.

The resolution doesn’t mention the exact size of the project the developer would build.

Ross, the chairman of New York-based Related Cos., and New York-based architect Frank Gehry presented the Commission with preliminary plans for a 175-room hotel tower and a 150-unit condo tower.

Built at 6701 Collins Ave. in 1957, the 540-room Deauville closed in 2017 following an electrical fire and never reopened.

It’s usually difficult to demolish properties with a rich history in Miami Beach, but this hotel fell into disrepair following the fire and a judge ordered its demolition.

The hotel is currently in the process of being torn down after Miami Beach officials cited it for numerous code violations related to the deteriorating condition of the building.

 

Source:  SFBJ

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