Downtown Miami Construction Updates

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Downtown Miami construction updates are here. Miami condo pre-construction is on an upward swing with Brickell Citycentre phase one almost completed.

Downtown Miami is going through a major renovation and construction is moving along, permits are being issued and updates continue. 

Met Square

Met Square located at 300 Biscayne Blvd way, has had its ups and downs since its developer MDM announced the project in late 2012, where the old Henry Flagler’s Royal Palm Hotel stood in 1897. Early in 2013 it was revealed that while digging on the site many artifacts dating back to the Tequesta Indians were found as well as remnants of Flagler’s hotel. After lots of talks, and negotiations with the preservation league new renderings were revealed in early 2014. Remnants of these historical periods are being restored, rebuilt, and exhibited, showcased within 2 circular areas residing below the tower and theaters coming to Downtown Miami. In late 2014 plans for archeological exhibits at the site were expanded. A cross-block public plaza that will have remnants of the Royal Palm Hotel, and a line demarcating the original Miami River shoreline, integrated into the plaza landscaping. Also, the interior exhibits will consist of glass floors over the partially-preserved Tequesta sites, educational and informational displays, and a preserved well dating back from Fort Dallas. 

Met Square’s original plans were 438 foot hotel tower, 570 rooms, 1,700 seat theater, and 4,100 sqft restaurant space. Currently the project is stating 538 foot hotel tower. 

In early January 2015, several developers received noticed from the FAA that their towers were too tall and would endanger aviation safety. One of the towers was Met Square! The others included Swire proposed 1,049 foot tall tower at Brickell City Centre, One Bayfront Plaza by Florida East Coast, 100 S Biscayne Blvd., 1,010 foot, and The Melo Group’s Aria on the Bay Tower at 540 foot.

 Luckily for Met Square on January 30, 2015, the FAA determined that the project is not a hazard for air traffic. 

“We continue to work towards beginning construction on Met Square, the culminating component of the multi-billion dollar, master-planned Metropolitan Miami project.” said Ian Swanson, a principal of MDM Development.

 The FAA has not come to a determination on the other buildings, as of yet.

 In other news, Brickell City Centre’s one of two condo towers in the first phase of the megaproject topped off, following the recent topping off of the East Hotel. The 43 story building consists of 383 units.

Whole Foods Downtown Miami store also part of Metropolitan Miami is now open. The store is a hit with Downtown Miami residents as well as area workers, both during the day and in the evening. Construction continues on the upper floors which will consist of rental apartments.  

 Pre-construction sales continue strong. Many new projects such as Biscayne Beach, Paraiso Bay, Aria on the Bay amongst others have little inventory available. Availability of units with direct water views are seldom. Paraiso Bay will soon launch “Paraiso II” with many buyers anxiously waiting. This building will offer units with magnificent bay views!

 Call me for more information 305-951-3588.

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