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Macy's Redevelopment Site Investment Opportunity
Macy’s Redevelopment Site Investment Opportunity JOINT VENTURE OR 100% SALE FLAGLER STREET & MIAMI AVENUE, DOWNTOWN MIAMI CLAUDE PEPPER FEDERAL BUILDING TABLE OF CONTENTS EXECUTIVE SUMMARY 3 PROPERTY DESCRIPTION 13 CENTRAL BUSINESS DISTRICT OVERVIEW 24 MARKET OVERVIEW 42 ZONING AND DEVELOPMENT 57 DEVELOPMENT SCENARIO 64 FINANCIAL OVERVIEW 68 LEASE ABSTRACT 71 FOR MORE INFORMATION, CONTACT: PRIMARY CONTACT: ADDITIONAL CONTACT: JOHN F. BELL MARIANO PEREZ Managing Director Senior Associate [email protected] [email protected] Direct: 305.808.7820 Direct: 305.808.7314 Cell: 305.798.7438 Cell: 305.542.2700 100 SE 2ND STREET, SUITE 3100 MIAMI, FLORIDA 33131 305.961.2223 www.transwestern.com/miami NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITION, WITHOUT NOTICE, AND TO ANY LISTING CONDITIONS, IMPOSED BY THE OWNER. EXECUTIVE SUMMARY MACY’S SITE MIAMI, FLORIDA EXECUTIVE SUMMARY Downtown Miami CBD Redevelopment Opportunity - JV or 100% Sale Residential/Office/Hotel /Retail Development Allowed POTENTIAL FOR UNIT SALES IN EXCESS OF $985 MILLION The Macy’s Site represents 1.79 acres of prime development MACY’S PROJECT land situated on two parcels located at the Main and Main Price Unpriced center of Downtown Miami, the intersection of Flagler Street 22 E. Flagler St. 332,920 SF and Miami Avenue. Macy’s currently has a store on the site, Size encompassing 522,965 square feet of commercial space at 8 W. Flagler St. 189,945 SF 8 West Flagler Street (“West Building”) and 22 East Flagler Total Project 522,865 SF Street (“Store Building”) that are collectively referred to as the 22 E. -
Views the Miami Downtown Lifestyle Has Evolved
LOFT LIVINGwww.miamicondoinvestments.com REDESIGNED Feel the Street. At Your Feet. Out your window. At your feet. www.miamicondoinvestments.com ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THIS BROCHURE AND TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE. OBTAIN THE PROPERTY REPORT REQUIRED BY FEDERAL LAW AND READ IT BEFORE SIGNING ANYTHING. NO FEDERAL AGENCY HAS JUDGED THE MERITS OR VALUE, IF ANY, OF THIS PROPERTY. See Legal Disclaimers on Back Cover. See Legal Disclaimers on Back Cover. www.miamicondoinvestments.com See Legal Disclaimers on Back Cover. Welcome to the Core of Downtown Life. www.miamicondoinvestments.com See Legal Disclaimers on Back Cover. See Legal Disclaimers on Back Cover. At the center of all life is a place from which all energy flows. In the heart of downtown Miami’s cultural and This is the fusion of commercial district, this is Centro - the new urban address inspired by today’s modern lifestyles. Smart and sleek... Lofty and livable... Inviting and exclusive... work, play, creativity, the Centro experience takes cosmopolitan city dwelling to street level. and accessibility. Step inside. www.miamicondoinvestments.com www.miamicondoinvestments.com See Legal Disclaimers on Back Cover. See Legal Disclaimers on Back Cover. Centro stands as proof that you truly can have it all. Location, style, quality, and value are all hallmarks of life Building Amenities Comfort. in our city center. • Triple-height lobby entrance • 24-Hour reception desk Step outside your door and find yourself in Miami’s • Secured key-fob entry access Convenience. -
Miami Office Space Can Be Found by Those Who Search February 7, 2017 By: Carla Vianna
Miami Office Space Can Be Found by Those Who Search February 7, 2017 By: Carla Vianna Businesses searching for space in Miami's urban core have more options than they might think. While vacancy rates are down across the board, significant chunks of space are available in several Class A buildings in downtown and the Brickell Avenue financial district. "There are more alternatives available for those companies that take the time to appropriately investigate the market," said Chris Lovell, a senior managing director with Savills Studley in Miami. Leasing space on an upper floor with a view may be difficult since only six buildings on Brickell have a full floor above the 20th story available for lease. For tenants that can live without the view, there is plenty of open space to choose from. Four downtown Class A buildings have at least 75,000 square feet of contiguous space available, one Class A building on Brickell has a 65,000- square-foot block — "and we don't have tenants of that size standing in line to the claim the space," Lovell said. Savills Studley has found many of the large available blocks are in older downtown buildings. "You're always going to have buildings that are going to have certain pockets available," said Tere Blanca, founder of Miami-based Blanca Commercial Real Estate Inc. She said the market is responding well to the new Miami Central project, which is under construction with 60 percent of its office component pre- leased. The mixed-use development will serve as Brightline's downtown train station and will add 286,000 square feet of office space in two buildings. -
Miami's Election Rejection
October 2019 www.BiscayneTimes.com Volume 17 Issue 8 © Miami’s Election Rejection The city’s District 2 is waterfront, rich, powerful, and cursed CALL 305-756-6200 FOR INFORMATION ABOUT THIS ADVERTISING SPACE 2 Biscayne Times • www.BiscayneTimes.com October 2019 October 2019 Biscayne Times • www.BiscayneTimes.com 3 Where Buyers FAST BAY ACCESS 2019 New 5,300 SF Waterfront Home and Sellers FOR SALE OR LEASE ` intersect every day Direct Bay Access - 2250 Bayview Ln 4 Bedroom 3 Bathroom pool home, 2,805 SF. Quiet 2019 New Waterfront Pool Home - $2.49M cul-de-sac, best location on the island. 75’ft on New 5,300 SF Contemporary Home with Ocean Access, no water with Bay access in seconds. On 9,375 SF lot. bridges to Bay. 4BR, 5BA + den/office or 5th BR, 665sf covered patio downstairs. 2 car gar. Dock up to 75' ft boat. For Sale or Lease Brand New 2019 Waterfront Home ! 2045 Keystone Blvd - $2.39M New modern style home rests on 75 ft of waterfront, no bridges to Bay & quick ocean access. New Modern Home - $699,000 Appx 5,000 sf, 5br 5ba, pool, 2 car garage. New 2130 Alamanda Dr. This new home is move in ready seawall and new dock. and never lived in. Features an open floor plan, 3 large 2015 New Construction - $699,000 bedrooms, 3 full baths, impact windows & doors plus 3 bedroom 3 bathroom. 1,865 SF home on 9,040 SF Three Tequesta Point on huge yard with room for pool. 2,134 SF, 1 car garage corner lot. -
Miami Dade College and the Engaging Power of the Arts Eduardo J
© Journal of Higher Education Outreach and Engagement, Volume 17, Number 3, p. 69, (2013) Copyright © 2013 by the University of Georgia. All rights reserved. ISSN 1534-6104 Miami Dade College and the Engaging Power of the Arts Eduardo J. Padrón Abstract In this essay, the president of Miami Dade College describes the anchoring role that the institution plays in the Miami met- ropolitan region, with a particular emphasis on the many arts and cultural contributions. These efforts, combined with the economic and workforce development endeavors, make Miami Dade College a model anchor institution. he Cuban revolution unfolded throughout the 1950s, cul- minating on January 1, 1959, when Fidel Castro’s forces rolled into Havana and took control of the island nation. TIn the 2 years that followed, more than 200,000 Cubans landed in Miami, beginning a dramatic demographic change for South Florida (United States Census Bureau, 2012). In the ensuing years, additional waves of Cuban, Haitian, and other immigrants from Central and South America forever changed the landscape of South Florida. Another event occurred in 1959, in Miami, that would prove essential in providing a pathway to economic and social integra- tion for this enormous influx of new residents. The State of Florida gave formal approval to launch a new junior college in Miami. Classes opened in 1960 with 1,428 students. By 1967, Dade Junior College had become the largest institution of higher education in the state of Florida, enrolling more than 23,000 students. It was also the fastest growing junior college in the nation. It enrolled more freshmen than the University of Florida, Florida State University, and the University of South Florida combined. -
Miami Condos Most at Risk Sea Level Rise
MIAMI CONDOS MIAMI CONDOS MOST AT RISK www.emiami.condos SEA LEVEL RISE RED ZONE 2’ 3’ 4’ Miami Beach Miami Beach Miami Beach Venetian Isle Apartments - Venetian Isle Apartments - Venetian Isle Apartments - Island Terrace Condominium - Island Terrace Condominium - Island Terrace Condominium - Costa Brava Condominium - -Costa Brava Condominium - -Costa Brava Condominium - Alton Park Condo - Alton Park Condo - Alton Park Condo - Mirador 1000 Condo - Mirador 1000 Condo - Mirador 1000 Condo - Floridian Condominiums - Floridian Condominiums - Floridian Condominiums - South Beach Bayside Condominium - South Beach Bayside Condominium - South Beach Bayside Condominium - Portugal Tower Condominium - Portugal Tower Condominium - Portugal Tower Condominium - La Tour Condominium - La Tour Condominium - La Tour Condominium - Sunset Beach Condominiums - Sunset Beach Condominiums - Sunset Beach Condominiums - Tower 41 Condominium - Tower 41 Condominium - Tower 41 Condominium - Eden Roc Miami Beach - Eden Roc Miami Beach - Eden Roc Miami Beach - Mimosa Condominium - Mimosa Condominium - Mimosa Condominium - Carriage Club Condominium - Carriage Club Condominium - Carriage Club Condominium - Marlborough House - Marlborough House - Marlborough House - Grandview - Grandview - Grandview - Monte Carlo Miami Beach - Monte Carlo Miami Beach - Monte Carlo Miami Beach - Sherry Frontenac - Sherry Frontenac - Sherry Frontenac - Carillon - Carillon - Carillon - Ritz Carlton Bal Harbour - Ritz Carlton Bal Harbour - Ritz Carlton Bal Harbour - Harbor House - Harbor House -
Vice 300 Biscayne Boulevard
DOWNTOWN MIAMI FL VICE 300 BISCAYNE BOULEVARD CONCEPTUAL RENDERING SPACE DETAILS LOCATION GROUND FLOOR West block of Biscayne Boulevard between NE 3rd and NE 4th Streets NE 4TH STREET 38 FT SPACE Ground Floor 1,082 SF FRONTAGE 38 FT on NE 4th Street 1,082 SF TERM Negotiable (COMING SOON) POSSESION LEASE OUT Summer 2018 SITE STATUS New construction LEASE OUT CO-TENANTS Caffe Fiorino (coming soon), GOGO Fresh Foods (coming soon) and OXXO Care Cleaners (coming soon) NEIGHBORS Area 31, Fratelli Milano, CVI.CHE 105, Gap, Il Gabbiano, Juan Valdez Coffee, NIU Kitchen, Pollos & Jarras, Segafredo, Skechers, Starbucks, STK Miami, Subway, Ten Fruits, Toro Toro, Tuyo Restaurant, Victoria’s Secret, Wolfgang’s Steakhouse and Zuma COMMENTS VICE is a 464-unit apartment tower under construction in the heart of Downtown Miami Directly across from Bayside Marketplace and neighboring Miami Dade College, two blocks from American Airlines Arena, and adjacent to the College-Bayside Metromover Station Miami-Dade College has over 25,000 students on campus daily (COMING SOON) (COMING SOON) ADDITIONAL RENDERINGS CONCEPTUAL RENDERING CONCEPTUAL RENDERING CONCEPTUAL RENDERING Downtown Miami & Brickell Miami, FL AREASeptember 2017 RETAIL NW 8TH STREET NE 8TH STREET VICE AVENUE 300 BISCAYNE NE 7TH STREET NE 2ND HEAT BOULEVARD BOULEVARD MIAMI FL FREEDOM TOWER NW 6TH STREET PORT BOULEVARD MIAMI-DADE COLLEGE FACULTY Downtown Miami PARKING Movers NW 5TH STREET NE 5TH STREET 300 BISCAYNE BOULEVARDP MIAMI-DADE COLLEGE FEDERAL NE 4TH STREET NE -
Welcome to Kaplan Medical
Welcome to Kaplan Medical 4425 Ponce De Leon, #1612 Coral Gables, FL 33146 Miami Kaplan Center 4425 Ponce De Leon Boulevard Suite 1612 Coral Gables, FL 33146 Hours of Operation Monday-Thursday 9am - 9pm Friday-Sunday 10am - 5pm (305) 441-5323, Ext. 5000 or 5002 2 Our Neighborhood Coral Gables: Coral Gables’ founders imagined both a “City Beautiful” and a “Garden City,” with lush green avenues winding through a residential city, punctuated by civic landmarks and embellished with detailed and playful architectural features. Known as The City Beautiful, Coral Gables stands out as a planned community that blends color, details, and the Mediterranean Revival architectural style. International: From its inception, Coral Gables was designed to be an international City, and is now home to more than 20 consulates and foreign government offices and more than 140 multinational corporations. As early as 1925, City Founder George Merrick predicted Coral Gables would serve as "a gateway to Latin America." To further establish international ties, the City has forged relationships with six Sister Cities: Aix-en Provence, France; Cartagena, Colombia; Granada, Spain; La Antigua, Guatemala; Province of Pisa, Italy; and Quito, Ecuador (emeritus). 3 Our Neighborhood University of Miami: The University of Miami is located in Coral Gables Shopping: Coral Gables attracts national and regional retailers along with an abundance of boutiques and retail shops. Miracle Mile is the center of a true downtown district. Located across the street from the Kaplan Medical Center in Coral Gables is “The Village of Merrick Park”, a 780,000 square foot retail, residential and office project anchored by Neiman Marcus and Nordstrom, and has more than 100 other select retailers including Tiffany & Co., Burberry, Coach and Gucci. -
Liliana Porter
Liliana Porter English Pérez Art Museum Miami El hombre con el hacha y otras situaciones breves – Venecia 2017 1 2 3 4 Looking carefully at the hundreds of objects and diverse references from this series, such as a tiny woman weaving a and a white figure who oozes large amounts of white paint, materials that make up Liliana Porter’s expansive installation large piece of transparent cloth and several figures attempting both demonstrating moments when human contents, such El hombre con el hacha y otras situaciones breves – Venecia to rake large piles of colored sand. Understood metaphorically as emotions or remembrances, can no longer be controlled 2017 (The man with the axe and other brief situations – Venice and existentially, these scenes articulate the daunting and or contained. 2017), the viewer will notice several old clocks of varying sizes. perhaps impossible human task of searching for meaning or These symbols of linear time are shown completely broken fulfillment. A tiny figure carrying a suitcase appears alone, isolated in one apart, their white faces, circular metal casings, and interiors section. He stands between two lines that twist behind him spilling outward in disarray. Central to Porter’s practice is an Historical figures and symbols appear throughout the across an expansive area, forming a path he has apparently investigation of time. She is specifically interested in how, installation. A plastic toy replica of the car in which President been following. This is “the traveler,” another important player as time passes, the line between reality and imagination John F. Kennedy was assassinated is exhibited, which includes who has appeared consistently in many of Porter’s prints, becomes increasingly tenuous, as the current moment mixes figurines of both the president and first lady. -
Florida Bibliography
A HISTORICAL BIBLIOGRAPHY OF THE BUILT ENVIRONMENT IN MIAMI AND SOUTHERN FLORIDA Originally compiled by Malinda Cleary, Richard Longstreth, and Aristides J. Millas Edited by Richard Longstreth 1999, revised 31 December 2017 This bibliography focuses on historical accounts written during the past three decades. Owing to the extent material, and the nature of much of its contents, I have made no attempt to separate popular from scholarly accounts or general histories from those that are devoted to the built environment. The basic divisions are geographical, followed by one on architects and landscape architects in the region. My gratitude goes to Melinda Cleary and Aristides Millas for compiling the core of these listings. Donald Curl kindly reviewed a draft and made valuable contributions as well. -- Editor F L O R I D A Akin, Edward Nelson, Henry Flagler: Rockefeller Partner and Florida Resort King, Kent, Ohio: Kent State University Press, 1988 Ayers, W. Wayne, Florida’s Grand Hotels from the Gilded Age, Charleston, S.C.: Arcadia, 2005 Bailey, S. Keith, et al., Florida Architecture, A Celebration: The History of the Florida Association of Architects, A.I.A, 1912-2000, n.p.: Florida Association of Architects, 2000 Blake, Nelson Manfred, Land into Water -- Water into Land: A History of Water Management in Florida, Tallahassee: Florida State University Press, 1980 Bloodworth, Beth E., and Alton C. Morris, Places in the Sun: The History and Romance of Florida Place- Names, Gainesville: University Press of Florida, 1978 Braden, Susan R., The -
Miami River Residential Development Projects
Miami River Residential Development Projects May 2009 **************************************************** The following “Miami River Residential Development Project List” is a reflection of riverfront properties that have either a) completed construction; b) commenced construction; or c) currently undergoing permitting and/or design phase since 2000. The following data was compiled by MRC staff based on information provided by developers, architects and a variety of sources associated with each distinct project. Please note projects are listed geographically from east to west. 1) Project Name: One Miami Location: 205 South Biscayne Boulevard, north bank of Miami River and Biscayne Bay Contact: Sales Office (305) 373-3737, 325 South Biscayne Boulevard Developer: The Related Group (305) 460-9900 Architect: Arquitectonica, Bernardo Fort-Brescia (305) 372-1812 Description: Twin 45-story residential towers with parking, connected to a new $4.1 million publicly accessible Riverwalk on the north shore trailhead Units: 896, one, two and three bedroom residences Website: www.relatedgroup.com/Our-Properties/past_projects.aspx Status: Construction completed in 2005 2) Project Name: Courts Brickell Key Location: 801 Brickell Key Boulevard Contact: Homeowners Association (305) 416-5120 Developer: Swire Properties (305) 371-3877 Description: 34 stories connected to a publicly accessible riverwalk Units: 319 condominium apartments Status: Construction completed in January 2003 3) Project Name: Carbonell Location: 901 Brickell Key Boulevard Contact: Homeowners Association (305) 371-4242 Developer Swire Properties (305) 371-3877 Description: 40 stories Units: 284 residential units Architect: J. Scott Architecture (305) 375-9388 Status: completed in October 2005 4) Project Name: Asia Location: 900 Brickell Key Drive Contact: Megan Kelly (305) 371-3877 Developer: Swire Properties (305) 371-3877 Description: 36 stories connected to a publicly accessible riverwalk Units: 123 residential units Architect: J. -
LILIANA PORTER the Armory Show 2019 / New York City MARCH 7-10 PIER 90 BOOTH F18 Liliana Porter the Armory Show 2019
LILIANA PORTER The Armory Show 2019 / New York City MARCH 7-10 PIER 90 BOOTH F18 Liliana Porter The Armory Show 2019 Carrie Secrist Gallery is pleased to present a selection of artwork by Liliana Porter at The Armory Show 2019. On view will be a special selection of artwork spanning the years 1973 to 2019. Our booth is a part of the 2019 Focus section curated by Lauren Haynes, which ‘seeks to explore identity through figuration of both real and imagined forms’. Born in Argentina in 1941, Porter is a member of a pioneering wave of Latinx artists who have mined identity socio-politics using then-new strands of contemporary art making to forge engaging methods of aesthetic engagement. Currently being recognized for her contribution to art history, Porter has recently been highlighted in notable exhibitions including: a career spanning survey at the Museo Tamayo de Arte Contemporáneo (2009), inclusion in the 57th Venice Biennale (2017) and Radical Women: Latin American Art, 1960–1985 (2018). Carrie Secrist Gallery’s booth in New York City will showcase highlights from Liliana Porter’s celebrated and dedicated artistic career of giving voice to the Everyperson. Through the use of self-portraits and found inanimate objects rendered in a variety of media, Porter posits the human condition as fragile and curious, yet full of wonder. Activated by the viewer, these characters are cast in vignettes that theatricalize the trials and tribulations of society depicted through an almost incomprehensible range of human emotion. On view will be a selection of Porter’s well known object-based works in a variety of mediums including photography, drawing, sculpture and installations.