The owners of a fitness center building in Miami are seeking to rezone the property to foster redevelopment.
The city’s Planning, Zoning and Appeals Board will consider the rezoning application concerning the 0.88-acre site at 1601 N. Miami Ave. on June 14. Located in the Arts & Entertainment District, it currently has a 17,616-square-foot fitness center leased to Elev8tion Fitness.
In 2022, the property was acquired for $19 million by 1601 N. Miami Property LLC, a joint venture between New York-based Hidrock Properties and Miami-based LNDMRK Properties.
The property owners want to change the zoning from T6-24A-O to T6-24B-O. This would increase the maximum floor plate size of a building there, although the permitted height and density would remain the same.
The preliminary plans are for 430 apartments and 15,000 to 20,000 square feet of commercial space on the ground level in about 48 stories.
Source: SFBJ