Wednesday, June 18, 2014

Miami’s Board Approves 4 more Towers

Miami’s Board Approves 4 more Towers

Greater Downtown Miami is slated to be home to 59 new condo towers with nearly 17,400 units in this current cycle beginning in 2011. However, a little more than one out of every four new condo units proposed for South Florida has obtained the necessary government approvals to build when the developers do give the go-ahead to begin construction.  
 On May 21st, four more projects received a conditional approval from the Miami’s Urban Development Review Board. The towers include Melo Group’s Melody Tower; Brickell Ten, at 1010 SW Second Avenue; 1010 Brickell; and One Paraiso, located at 3131 NE Seventh Avenue.
 
Previously the board had deferred the Melody Tower, located at 235 and 245 NE 14th Street, based on its stocky profile, according to Miami Today News. But after Melo agreed to slim down the 497-unit, mixed-use development, featuring ground floor retail, outdoor plazas and restaurants, the project was granted conditional approval.
Brickell Ten was also approved. That project calls for 155 residential units in a 22-story building, with 13,900 square feet of retail and restaurant space on ground floor and mezzanine level.
1010 Brickell will be built on a small site and designed around an existing office condo. Plans call for 387 residential units, ground level retail and a parking garage. 1010 Brickell residents will enjoy more than the conventional recreational amenities. In a serious attempt to bring young families to the urban core the building will provide among other amenities an indoor heated pool, gym, arcade room with bowling lanes, ping pong, air hockey, foosball, video games, indoor/outdoor children's playground, indoor/outdoor adult party room and lounge area (virtual golf, pool table, poker table, chess table, wine fridge, kitchen etc), basket ball court, squash/raquetball court, 1/8 mile running track, mini golf... and more.
One Paraiso planned for 3131 NE Seventh Ave. The project calls for 276 residential units and is part of an overall project that could include four or more towers. The 53-story tower, designed by Arquitectonica, is marked by large spheres or half-circles. One Paraiso is part of the Paraiso Bay project, which is to include a waterfront park. The site plan shows how Paraiso Bay extends the baywalk in that area along Biscayne Bay. * Miami Today
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