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Miami Approves New Zoning For Neighborhood Near Wynwood

A neighborhood on the north side of Wynwood has been rezoned, with the hopes of spurring more investment and redevelopment in the area.

The City Commission unanimously approved the Wynwood Norte rezoning plan on March 25. The plan covers 140 acres west of Midtown Miami and north of Wynwood. The largest pocket of development would be on Northwest 36th Street, the north side of Northwest 29th Street and North Miami Avenue. The new zoning would allow up to eight stories of mixed-use development, or five stories for purely residential.

With more flexible parking requirements under the new zoning, it would be easier to build two- and three-story apartment buildings and small retail spaces. A fourth story could be added for projects with 20% affordable housing.

The rezoning process was largely driven by residents of the neighborhood, who advocated for the creation of the Wynwood Norte Neighborhood Revitalization District with this legislation. While Miami’s overall population has grown in recent years, the population in Wynwood Norte has fallen by nearly 50% since 1985. There are many vacant lots, so the hope is the new zoning will encourage more building to welcome new residents and businesses.

 

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Mixed-Use Buildings On Miami Avenue In Wynwood Win Urban Development Review Board’s OK

A sprawling mixed-use project designed to bring apartments, office space and more in two new buildings in Wynwood won a positive review from the city’s Urban Development Review Board.

The board unanimously recommended approval of the project, known as PRH N. MIAMI, after the developer made several changes to the plan in response to issues and concerns brought up by the review board and earlier by the Wynwood Design Review Committee.

PRH N MIAMI LLC plans to build the dual, complementary buildings at 2150 N Miami Ave.

The project is to include 317 residential units, 60,400 square feet of offices, 22,701 square feet of commercial-retail uses, and a garage for up to 534 vehicles.

The property has a principal frontage on North Miami Avenue, which bisects the property. The property fronts Northeast/Northwest 22nd Street to the north comprising secondary frontage, with Northwest Miami Court on the west being another secondary frontage.

The property is divided into two parcels, Parcel 1 to the west of North Miami Avenue and Parcel 2 to the east of North Miami Avenue.

The east parcel is to have retail at the ground level, a seven-level parking garage lined on the east façade with residential units up to the eighth level, and office space up to the 12th level.

The west parcel is to have retail at ground level, residential units up to the 12th level and amenity spaces for the residents.

Sandy Peaceman of CFE Architects went through many of the tweaks and changes made by the design team, with the goal of addressing the concerns of the Wynwood committee and the city board. Among them:

  • Increased connectivity and activation of the courtyard with new breezeways providing courtyard access for the west tower. Providing crosswalk connectivity between the two buildings, and a direct link between the east tower residential lobby and the west tower residential lobby and breezeway.
  • Modifications include chamfered corner along the entire northeast corner of the west tower.
  • The rooftop amenity deck has been redesigned to provide a more appealing lifestyle to the residents while creating a more intriguing skyline of the west tower.
  • Artificial green wall has been removed from the west façade of the west tower.
  • Faux brick has been removed from the ground level of the east tower and replaced with exposed concrete to create a more industrial feeling.
  • Residential lobby and office lobby have been made more prominent and inviting.
  • The long retail façade on 22nd Street has been broken down by stepping back a 33-foot-wide portion of the façade to be flush with the tower above. By doing so, it disrupts the perceived monotony along the retail wall.
  • Round balconies have been removed from the tower at the main corner at North Miami Avenue and 22nd Street to emphasize the floor-to-ceiling glass corner.
  • Garage screening and massing has been articulated with design elements that become part of the solution to the 60% roof covering requirements. Louvers have been provided where mechanical equipment will be utilized.

Board Chairman Willy Bermello and others commended the developer’s team for listening to the board’s concerns and making changes.

“You’ve done a good job in being very responsive and sensitive,” said Mr. Bermello.

Board member Ligia Ines Labrada said she appreciates that the developer and architect acted upon board recommendations.

“It makes for a much stronger project. The open breezeway makes it more inviting … the scale and language has improved in relating the two buildings,” she said.

Board member Ignacio Permuy said: “If we had a category of Most Improved Project, this would be one of the top ones. I commend you on a job well done … exceptional job. Night and day.”

 

Source:  Miami Today

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Report: Miami Multifamily Holds Steady

As Miami continues to navigate the health crisis and ensuing economic hardship, the metro became an example of resilience in the face of adversity, according to a study by the Atlantic Council’s Adrienne Arsht-Rockefeller Foundation Resilience Center.

The report commended Miami’s efforts to repurpose existing strategies—already tested against coastal vulnerabilities, disease outbreaks and economic difficulties. Despite the challenges, Miami real estate has endured, with multifamily rents up 0.4 percent to $1,704 on a trailing three-month basis as of December, above the $1,462 U.S. average.

Despite a slow pace, employers added some 24,400 jobs in the metro over the three months ending in November. But as a region heavily reliant on tourism, Miami has felt the full weight of job losses in the leisure and hospitality sector, which contracted by 19 percent and shed 63,300 position in the 12 months ending in November. On a positive note, following the $900 billion federal relief package passed in late December, many Floridians had already started receiving the extra $300 payments for the week ending Jan. 2.

Metro Miami had 35,969 units under construction as of December, with 87 percent of those aimed at high-income earners. The bulk of the pipeline (71 percent) is expected to come online through this year. More than $2.2 billion in assets traded in 2020, representing a 19 percent decline from 2019.

 

Source:  MHN

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Biscayne Boulevard Dev Site Hits Market For $11M

A multifamily and commercial development site along Biscayne Boulevard near North Miami hit the market for $10.5 million.

Owner Alex Silberman purchased the 3.2 acres of land at 11240 Biscayne Boulevard in August 2012 for $2.9 million from Biscayne 114 Center of New York, property records show.

The asking price shows a significant uptick in valuations since then.

Colliers’ Gerard Yetming, Julian Zuniga and Mitash Kripalani listed the land for sale on behalf of Silberman.

The Biscayne Boulevard site has two different zonings, as 2.17 acres is designated for 10 to 21 multifamily units per acre, and the remaining 1.06 acres is designated for a commercial use such as retail, according to a press release.

Yetming said in the release that the site is centrally located and comes at a time when the multifamily market is doing well.

 

Source:  The Real Deal

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Miami 21’s Special Area Plans Have Created Special Problems

In a recent article, Neisen Kasdin, managing partner of Akerman LLP’s Miami office, argued that the opposition to special area plans (SAPs) was “largely driven by community activists who oppose change because they like things the way they are and want to preserve their positions of power in the community. They generate opposition by preying upon people’s fear of progress, often without regard to the true long-term interests of the community.”

Nothing could be further from the truth—the opposition to SAPs has been galvanized across a broad spectrum of opponents who have watched this planning tool turned against our most vulnerable communities by developers. That outrage resulted in the City of Miami Planning Zoning & Appeals Board voting unanimously last year to recommend to city commissioners that SAPs be abolished from the Miami 21 zoning code.

SAPs Are Government Up-Zoning

A “special area plan” is a zoning process in Miami 21 that allows a developer that assembles over nine acres of land to apply for the right to build at much greater height and density than would otherwise be allowed. If that application is approved after going before the PZAB for its recommendation and then obtaining final approval from the city commission, the developer then has greater flexibility (e.g., the Magic City SAP received exemption from certain liquor sales limitations) as well as relief from the Code’s otherwise strict rules regarding “succession.”

Miami 21 is a “form based” code designed for “successional growth.” For example, the T-3 transect governs single family and duplex residences of maximum two stories, and T-4 governs multifamily apartments of three stories maximum. Any up-zonings of more than one transect are generally not allowed. SAPs are a planned exception to successional growth, intended to incentivize developers to cooperate with the city planning staff to create a better development than the developer might otherwise build. Kasdin is correct that this process has worked well in some high density places, such as Brickell City Centre. But not all, and there’s the rub—“one size does not fit all.”

At their root, the projects Kasdin is promoting involve governmental up-zoning, with lobbyists approaching the city of Miami on behalf of developers seeking permission to build more than they are otherwise legally allowed to build.

This type of government led development is neither organic nor the result of natural market forces. Rather, market forces are being manipulated to incentivize acquisition of real property in poorer neighborhoods where private investment has been largely absent, except by slumlords, often for decades.

In theory, this process involves the city agreeing to allow more density and height in exchange for the developer making available to residents certain benefits, such as affordable housing, workforce preferences and living wages. But the “community benefits” are only as good as the negotiating process, and it is often the case that the neighborhood doesn’t get what it deserves in a process controlled by connected people in “special deals for special people” handed out by compromised politicians who don’t have the public interest at heart.

 

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CRE Price Growth Expands in January

In January, US commercial real estate price growth hit levels not seen since before COVID-19, according to the latest Real Capital Analytics CPPI: US summary report.

Overall, the US National All-Property Index rose 6.9% from a year ago and 1.2% from December.

While prices continued to accelerate in January, deal volume slumped after a record-breaking December 2020.

While there are still questions about how much of the workforce returns, office prices rebounded 3.3% year-over-year in January. Suburban offices drove those gains. Last August, office prices were posting no annual growth.

Industrial, which has been the hottest sector through the pandemic, posted 8.3% annual growth, giving it the top spot among all the property types. Industrial prices are slightly below what it posted in 2019.

Gains in multifamily stayed near the 7% they have been hovering near over the last several months, hitting 6.8% in January. They are well below the highs posted in 2018.

The struggling retail sector again saw price growth fall 1.8% year over year. Retail trailed the other sectors before the pandemic, posted less than 5% growth.

Overall, US commercial real estate transaction volume was down 58% in January, according to RCA. In December, transaction volumes increased 8% year-over-year. January experienced similar declines to the second and third quarters of 2020, which directly followed the onset of the pandemic.

Transaction volumes in January fell across property types at double-digit rates, except for senior housing. This was a pivot from December transactions when apartment and industrial sales took off, driving most activity. Even office properties had a good month with the highest transaction volumes since 2019. It should be noted that it is typical to see an end-of-year rush and RCA adds that the activity was likely compounded by investors closing delayed deals from earlier in the year.

 

Source:  GlobeSt.

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City Gives Easy Online Access To Miami Comprehensive Neighborhood Plan

This week, the City of Miami added the Miami Comprehensive Neighborhood Plan (MCNP) onto the publicly-available Gridics Municipal Zoning Platform, CodeHUB. The MCNP is a key zoning document that creates the policy framework that guides all future public and private development decisions in the City of Miami to ensure the City meets the needs of existing and future residents, visitors and businesses, while preserving the character and quality of its communities.

The incorporation of the MCNP into CodeHUB will help to drive smarter regional planning decisions for the future by integrating future land use, environmental, and infrastructure requirements into an interactive, parcel level, 3D map. This is the first time that the MCNP has been made available to the public in such an interactive and accessible tool, allowing the public to be actively involved in understanding the direction of their community, including how the infrastructure will change to support future growth. The most updated version of the MCNP and Future Land Use Map (FLUM) will be made available 24/7 through this new platform.

This week’s online publication of the MCNP follows the successful 2018 launch of the Miami 21 Zoning Code on the Gridics platform, providing citizens an up-to-date and fully digitized version of Miami 21, plus parcel-specific lookup tools for citizens to get zoning property record data for their property or parcel.

 

Source:  MiamiGov.com

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Related Group, Block Capital Sell Wynwood Building For $77M

The Related Group and Block Capital Group sold the Bradley Wynwood mixed-use building in Miami for $77 million.

The five-story building, at 51 N.W. 26th St., was sold to ICONIQ Capital, a San Francisco-based investment fund with over $3 billion in real estate under management. It has 175 apartments, about 36,000 square feet of retail, and more than 300 parking spaces.

The sale was brokered by Jaret TurkellRoberto PesantScott Wadler and Omar Morales of Berkadia.

 

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Miami Board Approves Design District Height Increase, Paving Way For Dacra’s Mixed-Use Tower

For the next phase of development in the Miami Design District, Craig Robins is aiming high.

The Miami Planning and Zoning Appeals Board voted 10-1 on Wednesday to approve zoning changes in the luxury retail and cultural district that will allow Robins’ Dacra to build a mixed-use project anchored by a 36-story tower.

The nearly 1.8-acre development site is on two vacant parcels at 3750 Biscayne Boulevard and 299 Northeast 39th Street, acting as a gateway into the Miami Design District. Most of the district is owned and developed by a partnership involving Dacra, luxury goods titan LVMH and private investment firm L Catterton. The proposed gateway site is also near the FEC train tracks and the proposed site of a commuter train station to be developed by Brightline.

The proposed zoning changes would grant Dacra a height increase from 20 stories to 36 stories and shift unused intensity and density from other commercial properties in the Design District to the proposed 36-story building, which would rise on the Biscayne Boulevard property.

The city commission still has to vote on the request for final approval.

At the planning board meeting, Robins and his attorney Neisen Kasdin said the entire project would not exceed 845,000 square feet, which is what is currently allowed for the Biscayne Boulevard property, according to the Design District Special Area Plan. The project could entail a mix of offices, residential and some retail, although Dacra has not provided detailed renderings. The planning board also added a car dealership as an allowed use to the SAP.

“We have the right to build every single square foot that we are asking you for today,” Robins told planning board members. “There is zero impact that our project causes from what we can do as a matter of right….We just want to be able to do something that is architecturally significant.”

Still, Paul Mann, the sole planning board member who voted against Dacra, and attorneys for Manhattan-based private investment firm MacArthur Capital Group, which owns a neighboring property, said the height increase and the transferring of unused intensity and density from other properties would set a bad precedent.

“Any special area plan — past, present and future — can take advantage of this new density and intensity transfer program,” Mann said. “It seems to me like it is dangerous. I don’t see anything beautiful about a 36-story building sticking up in the middle of nowhere.”

The nearest tall building to the proposed site is the 12-story Quadro condominium at 3900 Biscayne Boulevard.

Paul Savage, a lawyer for MacArthur, said Dacra’s proposed 36-story tower is unlike any other building in the Design District, which is largely made up of low-rise commercial retail buildings.

“It is certainly not appropriate or transitional to the area,” Savage said. “This has far-reaching implications, not to mention how the 36-story height will impact my client.”

Through an affiliate, MacArthur owns a one-story retail building with a surface parking lot at 3701 and 3737 Biscayne Boulevard, which is directly east of Dacra’s proposed project. According to city documents, MacArthur sought approvals in 2015 to change the zoning so the company could develop a four-story building consisting of two stories of parking and two stories of office space. At the time, Robins opposed MacArthur’s request which the company subsequently withdrew. He suggested that was the reason MacArthur wanted to object to Dacra’s plan.

“The MacArthur site is not developable because there is an alley that goes through it,” Robins said. “They have been pressuring me to support vacating the alley to build a massive high-rise….I will not be pressured or extorted into supporting something that will be bad for the community.”

 

Source:  The Real Deal

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Ghost Structure From 2006 May Yield New Miami Station

A plan to complete a skyscraper in the heart of downtown – begun 14 years ago – has evolved again, this time destined to bring more than 250,000 square feet of office space to the City of Miami.

The latest proposal is called Miami Station and is planned for 530 NW First Court.

The mixed-use project is to be considered Feb. 17 by the city’s Urban Development Review Board.

PRH Miami Central LLC is the owner-developer of the property at the southwest corner of Northwest First Court and Northwest Sixth Street, where a mass of concrete and rebar – the ghost foundation of a tower never completed – has sat since 2006.

The property is across the street from the new 3 MiamiCentral development.

An earlier owner had a plan for a tower on the site approved under the city’s former zoning code before the enactment of Miami 21.

In 2019, a new owner proposed a project called Krystal II. The plan included a 32-story tower with 154 residential units, about 79,180 square feet of offices and 4,400 square feet of commercial use on the ground floor. Parking in the pedestal was designed for 251 vehicles.

That proposal was recommended for approval by the review board.

The latest proposal adds nearly 10 floors and more than doubles the parking spaces.

Miami Station is designed at 41 stories or 458 feet, with 309 residential units, 256,223 square feet of office space, 9,647 square feet of commercial-retail, and parking for about 525 vehicles.

The office space would take up 12 floors.

Miami 21 requires open space of 4,500 square feet on this property, however the new plan shows 10,931 square feet of open space.

Brian A. Dombrowski, an attorney representing the developer, wrote a letter to the city stating: “The Project seeks to redevelop the Property by activating the pedestrian realm and providing a mixed use structure … The Project is proposed as an urban center project providing for a variety of uses.

“The Project accomplishes being a traffic node due to its close proximity to the Overtown Transit Village Metro Rail Station, and being located within a City designated TOD (Transit Oriented Development). Various Metro Mover Stations are also located in close proximity. The Metro Mover/Rail Stations are located one block from the Property. The Property is also located one block from the (MiamiCentral Station and) Brightline Station. The Property is well served by bus and trolley routes as well,” he wrote.

The property consists of a total lot area of 45,007 square feet or 1.033 acres.

While the Krystal II proposal included building onto the 2006 foundation – the start of a parking podium – this latest proposal will remove the structure and start from scratch, according to Mr. Dombrowski.

“The property currently consists of an unfinished parking structure which is to be demolished and vacant land,” he wrote.

He added: “The proposed Project will line the sidewalks with trees, providing shade and a greater pedestrian experience.”

Miami Station is designed by ODP Architecture & Design.

The developer is requesting several waivers, including:

  • To permit up to a 10% increase in the maximum residential floor plate length. The project proposes a residential floorplate length of 189 feet where a maximum floorplate length of 180 feet is permitted.
  • To decrease required parking by up to 30% within the half-mile radius of a Transit Oriented Development.
  • To allow parking to extend into the second layer, above the first story, along the primary frontage.
  • To allow vehicular entry spacing at less than 60 feet. Pursuant to meetings with the zoning administrator, Northwest Second Avenue has been designated as a principal frontage, requiring the loading access to be relocated to the Northwest First Court frontage. In order to consolidate the parking access and loading access, vehicular entrance separation of less than 60 feet is required. The access points have been located to the furthest south portion of the frontage in order to reduce any potential pedestrian conflict.

 

Source:  Miami Today

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