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Miami’s Urban Development Review Board gave the thumbs up to three mixed-use projects in Brickell, Coconut Grove and Little Havana.

Maizon by Zom rendering

Maizon by Zom rendering

The board voted 4-0 to recommend approval for Zom’s new apartment tower in the Brickell neighborhood. The board’s Wednesday vote allows the Orlando-based developer to now seek the go-ahead from Miami planning director Francisco Garcia for Maizon, a 262-unit residential building with 15,258 square feet of ground floor retail space.

“Very nice work,” said board member Jesus Permuy of the project’s design. “I like the articulation of the building.” Agreed his colleague Anthony Tzamtzis: “It is a very good project.”

Permuy did recommend a few minor design changes such as improving the landscaping in the building’s setback areas as well as the facade by adding a three-dimensional element.

Zom, which has a contract to purchase land owned by Maria Ramon and Alberto Cabrera, would demolish low- to mid-rise apartment buildings at 1100-1142 Southwest Second Avenue and 221-237 Southwest 12th Street and replace them with the new tower. The project will consist of 424,258 square feet with 366 parking spaces and 24 bicycle spaces. It will also include open courtyard areas, an amenity deck and pool on the ninth floor, and an onsite residential leasing center.

Zom sought approval recommendations of four waivers, including a 30 percent reduction in parking, a 10 percent reduction in a driveway width and to replace the required commercial loading zone with two residential loading zones.

Cassa Grove rendering

Cassa Grove rendering

The development review board also approved plans for Cassa Grove, a 116-unit, 200,000-square-foot project at 2900 Southwest 28th Lane that is located near the 10-mile long Underline.

“This building has a lot of potential in redeveloping this area,” said boardmember Felix Perez. “This is the type of project that this park needs.”

The 12-story project is being developed by Miami-based MEC Development Associates and B Developments and New York-based Abington Properties. The transit-oriented development features luxury apartments ranging from 652 square feet to more than 1,300 square feet, a 3,600-square-foot commercial component, and shared workspaces for residents. It will also feature a public plaza on the ground floor and a sky deck.

In order to make the project work, the developers sought four waivers, including a 10 percent reduction in parking. ALFA SF Equity and B Developments bought the 1-acre property for $6.1 million.

“We are trying to make a nice, high-end apartment building,” said B Development principal Miguel Angel Barbagallo. “We are very committed to linking with the Underline. I think it is a great public space.”

Eight and First rendering

Eight and First rendering

The board also approved Eight and First Development’s plans for a 12-story, 96-unit residential building at 45 Southwest Eighth Avenue in Little Havana. The property owners, Ana V. and Pedro O. Rodriguez, submitted plans for the mixed-use project to include 44,525 square feet of commercial space, 311 parking spaces and 15 bicycle parking spaces. The retail space will be anchored by a 35,930 square foot Presidente Supermarket.

 

Source: The Real Deal

Public art, pedestrian-friendly developments, and a booming commercial sector are all part of the future of Coral Gables, commercial real estate experts discussed at a panel last Wednesday.

Clockwise from left: Renderings of Paseo de la Riviera, a curbless Giralda Avenue and the Mediterranean Village at Ponce Circle

Clockwise from left: Renderings of Paseo de la Riviera, a curbless Giralda Avenue and the Mediterranean Village at Ponce Circle

Paseo de la Riviera is among the new projects. The planned, mixed-use development will replace an existing Holiday Inn with a open-air “paseo,” hotel and residential tower, said developer Brent Reynolds, president and managing partner of NP International. “We felt the U.S. 1 corridor was the right location,” said Reynolds, one of the panelists at a CREW-Miami luncheon at the Four Seasons Hotel Miami on Brickell.

The 2.66-acre project, located at 1350 South Dixie Highway, will activate that corner of U.S. 1 and Caballero with transit-oriented development, which includes green space the 0.5-acre Paseo will provide. It will be across the street from the planned Underline linear park, which runs underneath the Metrorail, as well as the University of Miami.

The paseo, or walkway, will span 352 feet in length and 72 feet in width. A 10-story, 252-key hotel and an eight-story, 224-unit residential building with 838 parking spaces will replace the 155-room Holiday Inn. “There really is no amenity space like this in the south Gables,” Reynolds said during the event.

The developer plans to complete the approval process with the city in October and begin construction next year. Coral Gables architect Jorge L. Hernandez and international firm Gensler are designing the project.“There really is no amenity space like this in the south Gables,” Reynolds said during the event.

Also among new developments redefining the Gables is Mediterranean Village at Ponce Circle. The 6.7-acre, mixed-use complex, developed by Agave Ponce, will include a five-star, 184-key hotel; a 300,000-square-foot Class A office building; 300,000 square feet of retail; two condo towers; 15 townhomes; a rooftop restaurant; and parks. Panelist Eddie Avila, president of Key Realty Advisors Development, said the $500 million project will span three full blocks and keep all streets open.

It will also feature an underground loading zone, keeping most of the street parking. To maintain the pedestrian-friendly design, the developers have decided to move the hotel entrance to inside the complex. The developer will spend an additional $7.8 million for public spaces including art, Avila said during the panel.

Downtown Coral Gables by the numbers

Downtown Coral Gables by the numbers

The city is also investing in pedestrian-friendly and green spaces. Funding for the $20 million streetscape improvements was approved back in August 2014: 50 percent will come from the city of Coral Gables and the other half from the independent BID property owners. The Gables BID is fully funded by its members, Foglia said. Marina Foglia, a panelist and executive director of the Coral Gables Business Improvement District, has led the $20 million Miracle Mile and Giralda Avenue streetscape project. Foglia also advocates for the overlay district, which will “change the coding to activate downtown Coral Gables,” she said.

Cooper, Robertson & Partners designed plans for the project, which calls for more green spaces and improved pedestrian areas, such as wider sidewalks, outdoor dining areas and mid-block parks and plazas. Parking on the street will be entirely parallel, doing away with the 45-degree angled spots for more sidewalk space. Giralda Avenue will become curbless, with the option of closing the road off to vehicles for special events. Next, Coral Gables will hold a design workshop on Aug. 27. The streetscape project will break ground in January, Foglia said.

Panelist Jane Tompkins, development services director for the city of Coral Gables, named other new projects that are under construction, including the Aloft Hotel at 2524 LeJeune Road2020 Salzedo, a residential project; and the University of Miami Health Center. More have been approved, including 4311 Ponce de Leon and 1200 Ponce de Leon. “We have a lot going on,” Tompkins said. “We have several projects under way.”

 

Source: The Real Deal