Downtown Miami development land photo 1
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Price

$150,000,000 USD

Status Active
Living Area 1,474,352 sqft
Lot Size 39 sqft
County Miami Dade County
Neighborhood Downtown Miami
Categories
In-City
New Construction
Skyline View
Water View

Links

Miami, FL, United States

Description

The current approved mix-use development program at the
subject property, The current approved mix-use development program at the
subject property, Miami, allows for
465 premium bay front Luxury Condominiums to be serviced
by a 332 room 5 Star Hotel with Retail Area, Offices, Meeting
Rooms, Food Halls and a Business and Networking Club.
The overall facility provides for 900,000 net salable SF with an
approved Floor Area Ratio (FAR) of 1,439,352 SF (36 FAR), plus
35,000 SF of underground parking, for a total of 1,474,352 SF
in a 77 story high-rise topping at 980 feet. The subject site
consists of 3 contiguous parcels with a combined area of
39,982 SF, which has been occupied since 1950 by a 10 story
hotel currently under the management of Holiday Inn. It is
located on the western side of Biscayne Blvd at the intersection
of NE 4th Street, one block south of Port Blvd, the causeway
that leads to the Port of Miami. It is situated directly across from
the 32 acre Bayfront Park and Bayside Marketplace and Marina.
When completed by the Downtown Development Authority of
Miami, the site will anchor the northern end of the proposed
Biscayne Boulevard Grand Pedestrian Promenade, which is
designed to enhance Miami as the Business and Cultural
Epicenter of the Americas. , Miami, allows for
465 premium bay front Luxury Condominiums to be serviced
by a 332 room 5 Star Hotel with Retail Area, Offices, Meeting
Rooms, Food Halls and a Business and Networking Club.
The overall facility provides for 900,000 net salable SF with an
approved Floor Area Ratio (FAR) of 1,439,352 SF (36 FAR), plus
35,000 SF of underground parking, for a total of 1,474,352 SF
in a 77 story high-rise topping at 980 feet. The subject site
consists of 3 contiguous parcels with a combined area of
39,982 SF, which has been occupied since 1950 by a 10 story
hotel currently under the management of Holiday Inn. It is
located on the western side of Biscayne Blvd at the intersection
of NE 4th Street, one block south of Port Blvd, the causeway
that leads to the Port of Miami. It is situated directly across from
the 32 acre Bayfront Park and Bayside Marketplace and Marina.
When completed by the Downtown Development Authority of
Miami, the site will anchor the northern end of the proposed
Biscayne Boulevard Grand Pedestrian Promenade, which is
designed to enhance Miami as the Business and Cultural
Epicenter of the Americas.

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1528836682
Presented by The Cassina Group, courtesy of Keller Williams Luxury Intl.