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$40M Whole Foods Project In Miami Beach Gets Green Light

Whole Foods Rendering-1901 Alton Road South Beach_Photo Credit The Next Miami 1170x435

Russell Galbut’s plan for a $39.8 million Whole Foods Market-anchored retail building in Miami Beach is getting a kick start after nearly a decade of inactivity.

The Miami Beach Design Review Board on Tuesday approved the planned four-story project spanning 199,000 square feet at 1901 Alton Road. Miami-based Crescent Heights, led by Galbut, Sonny Kahn and Bruce Menin, is under contract to purchase the 1.3-acre site from Wells Fargo.

Crescent Heights would demolish the existing single-story building, currently occupied by a Wells Fargo branch. National grocer Whole Foods and a new Wells Fargo branch would occupy 38,100 square feet of ground-floor and mezzanine level spaces in the new building, documents filed with the city of Miami Beach show. The planned project would also have 277 parking spaces.

Crescent Heights also secured Whole Foods as the anchor tenant at Nema Miami, a mixed-use project in Miami’s Edgewater neighborhood that will have 50,000 square feet of retail space. In 2020, the national grocer signed a 20-year lease with six five-year renewal options, records show.

 

Source:  The Real Deal

 

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Plans For New Whole Foods In South Beach Submitted To Review Board

Whole Foods Rendering-1901 Alton Road South Beach_Photo Credit The Next Miami 1170x435

A developer has filed plans with Miami Beach’s Design Review Board to build a large new Whole Foods market in South Beach.

In a letter, a representative of the developer wrote that the plans were very similar to plans approved by the same board in 2015. The approval expires 18 months after issuance if a building permit hasn’t been issued, according to a copy of the approval order.

The Whole Foods is proposed to occupy the ground floor of a 4-story development at 1901 Alton Road. The project is planned include:

  • 34,953 square foot ground floor Whole Foods, plus additional mezzanine space for office and cafe seating
  • 3,908 square feet Wells Fargo Bank
  • 277 parking spaces, on levels 2, 3 and 4, which is said to be 114 more spaces than is required for the proposed uses

The estimated cost of the project is listed at $39,800,000.

Studio Mc+G is listed as the architect, with the façade designed by Oppenheim Architecture.

1901 Alton Property LLC and Wells Fargo Bank are listed as the applicants. Architectural plans list Crescent Heights as the owner.

The Miami Beach Design Review Board is scheduled to hold a hearing on the proposal on December 11.

 

Source:  The Next Miami

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