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Commercial Real Estate 2013 Veteran Has Survived
COMMERCIAL REAL ESTATE 2013 VETERAN HAS SURVIVED MIAMI’S UPS AND DOWNS SINCE 1950 By Susan R. Miller Daily Business Review September 20, 2013 Tibor Hollo has lived through several building booms and busts and has watched Miami transform from a quiet little city in the 1950s to a bustling international metropolis filled with condos and office towers. Over the years he’s been a big part of that growth. And despite a few setbacks during the Great Recession, the chairman and president of Florida East Coast Realty LLC is on the cusp of yet another resurgence with several projects either on the drawing board or already in the pipeline. Take, for example, Opera Tower, the 56-story luxury tower in downtown Miami. In 2006, just before the housing bust, all 635 units in the mixed-use high-rise had deposits and were considered sold. But as the bottom fell out of the market, many contract holders disappeared. Just 241 of the sales closed in 2007 and 2008. Hollo took back the rest and rented them until about a year ago when he decided it was time to put them back on the market. “Since then, we have closed to date on 213 of the 294, and we have 147 units left to sell,” he said. Prices range from $257,900 to $600,000. At a time when many developers are asking for deposits at least 50 percent upfront, Hollo is offering developer financing up to 50 percent of the purchase price. “We have no mortgage, we own the building free and clear so we can do what we want,” he said. -
SEOPW Redevelopment Plan
NOVEMBER 2004 by Dover Kohl & Partners FINAL UPDATE MAY 2009 by the City of Miami Planning Department (Ver. 2.0) i Table of Contents for the Southeast Overtown/Park West Community Redevelopment Plan November 2004 Final Updated May 2009 Section ONE Introduction Page 2 • This Document 2 • Topics Frequently Asked from Neighborhood Stakeholders 2 • Historical Context Page 3 • 21st Century Context Page 5 • The Potential: A Livable City 5 • History of the CRA Page 6 • Revised Boundaries 6 • Revisions from the Original CRA Redevelopment Plan Page 7 • Findings of Necessity Page 9 • New Legal Description Section TWO Goals and Guiding Principles Page 11 • Redevelopment Goals #1 Preserving Historic Buildings & Community Heritage #2 Expanding the Tax Base using Smart Growth Principles #3 Housing: Infill, Diversity, & Retaining Affordability #4 Creating Jobs within the Community #5 Promotion & Marketing of the Community #6 Improving the Quality of Life for Residents Page 13 • Guiding Principles 1. The community as a whole has to be livable. Land uses and transportation systems must be coordinated with each other. 2. The neighborhood has to retain access to affordable housing even as the neighborhood becomes more desirable to households with greater means. 3. There must be variety in housing options. ii 4. There must be variety in job options. 5. Walking within the neighborhood must be accessible, safe, and pleasant. 6. Local cultural events, institutions, and businesses are to be promoted. Section TWO 7. The City and County must provide access to small parks and green spaces of an urban (continued) character. 8. Older buildings that embody the area’s cultural past should be restored. -
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 -
KATHERINE FERNANDEZ RUNDLE HOWARD ROSEN Assistant State Attorneys ROBERT BEHAR FILED
IN THE CIRCUIT COURT OF THE ELEVENTH JUDICIAL CIRCUIT OF FLORIDA IN AND FOR THE COUNTY OF MIAMI-DADE FINAL REPORT OF THE MIAMI-DADE COUNTY GRAND JURY FALL TERM A.D. 2018 State Attorney KATHERINE FERNANDEZ RUNDLE Chief Assistant State Attorney DON L. HORN Chief Assistant State Attorney for Special Prosecutions HOWARD ROSEN Assistant State Attorneys DAVID MAER JOHN PERIKLES ROBERT BEHAR ERIK KESSLER VICE FOREPERSON ACTING CLERK FILED August 8, 2019 I N D E X Pape THE HEALTH OF BISCAYNE BAY: WATER FLOWS AND WATER WOES 1-27 I. INTRODUCTION 1 II. SEWAGE CONTAMINATION 2 A. Direct Discharge of Sewage (Wastewater) Into The Ocean 4 B. Leaking Sewer Pipes 4 HI. HARD DEBRIS: TRASH FLOWING INTO OUR WATERWAYS 8 A. Clean Up Efforts 8 B. Plastics 10 C. Sediment 14 IV. EXCESSIVE NUTRIENTS 15 A. Stormwater Runoff 16 B. Agricultural Activities 16 C. Wastewater Sewer Systems 17 V. CONTAMINATION OF THE BISCAYNE AQUIFER - THE SOURCE OF OUR DRINKING WATER 17 A. Septic Tanks 17 B. Hypersalinity of Water in Cooling Canals at Florida Power and Light’s Turkey Point Power Plant 24 C. The Saltwater Plume 25 VI. CONCLUSION 27 INDICTMENTS 28-29 ACKNOWLEDGMENTS .30 THE HEALTH OF BISCAYNE BAY: WATER FLOWS AND WATER WOES I. INTRODUCTION Water is essential for human life. Up to 60 percent of the human body of an adult is comprised of water. The brain and heart are 73 percent water. Lungs are 83 percent water. The skin is 64 percent water. Muscles and kidneys are 79 percent water, while bones are 31 percent. -
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. -
Miami DDA Master Plan
DOWNTOWN MIAMI DWNTWN MIAMI... Epicenter of the Americas 2025 Downtown Miami Master Plan 9 200 ber Octo TABLE OF CONTENTS: INTRODUCTION 05 About the Downtown Development Authority 06 Master Plan Overview 06 Foundation 06 Districts 08 Principles 09 Considerations 09 Acknowledgements 10 How to Use this Document 12 VISION 13 Vision Statement 14 GOALS 15 1. Enhance our Position as the Business and 19 Cultural Epicenter of the Americas 2. Leverage our Beautiful and Iconic Tropical Waterfront 27 3. Elevate our Grand Boulevards to Prominence 37 4. Create Great Streets and Community Spaces 45 5. Promote Transit and Regional Connectivity 53 IMPLEMENTATION 61 Process 62 Matrix 63 CONCLUSION 69 APPENDIX 71 Burle Marx Streetscape Miami DDA DOWNTOWN MIAMI MASTER PLAN 2025 2025 DOWNTOWN MIAMI... EPICENTER OF THE AMERICAS 2 3 INTRODUCTION About the DDA Master Plan Overview Foundation Districts Principles Considerations Acknowledgements How to Use the Document DOWNTOWN MIAMI MASTER PLAN 2025 4 Introduction Introduction ABOUT THE DDA FOUNDATION “Roadmap to Success” Downtown Master Plan Study Miami 21 (Duany Plater-Zyberk): 2009 A Greenprint for Our Future: The Miami-Dade Street CRA Master Plans (Dover Kohl / Zyscovich): (Greater Miami Chamber of Commerce (GMCoC), Tree Master Plan (Miami-Dade County Community 2004 / 2006 Miami 21’s mission is to overhaul the City of Miami’s The Miami Downtown Development Authority (DDA) is The Master Plan stands on a foundation of various New World Center (NWC) Committee): 2009 Image Advisory Board): 2007 a quasi-independent -
New Opera Tower to Debut Following $1.2 Million Design Enhancement
NEW OPERA TOWER TO DEBUT FOLLOWING $1.2 MILLION DESIGN ENHANCEMENT Dramatic Design Plans and a New Sales Team are Part of Exciting Changes Taking Place at the Luxury Condominium in Downtown Miami MIAMI, FL – (December 5, 2012) – Opera Tower, Downtown Miami’s landmark condominium rising 56-stories above Biscayne Bay, is undergoing $1.2 million in building enhancements. Scheduled to be completed by the end of the first quarter in 2013, the impressive redesign includes the recreational room, lobby, and pool deck—creating a fresh, new look for these spaces. Tibor Hollo, one of South Florida’s most prominent developers and developer of Opera Tower, LLC, announced a comprehensive plan to further enhance the lifestyle of residents of the premier condominium. In addition, Opera Tower has commissioned industry powerhouse Fortune International to handle the sellout of the remaining luxury residences at building. Opera Tower LLC, with the support of its in-house architectural and interior design department, has created a contemporary, Euro-Asian design for the lobby and recreational space. Hollo, a graduate of the School of Architecture and Engineering at L’École Polytechnique et l’Université in Paris, France during the Bauhaus period, serves as an architectural advisor on all of the projects in his sizable real estate portfolio. The spacious recreational room has been redesigned to feature a stunning fireplace where the use of rock and natural colors will deliver a subtle, earthy ambience. A plasma television, mounted above the unique fireplace, will make the wall a dramatic focal point, as leather, reclining theater seats and sofas add to the warm, inviting retreat where residents can socialize, relax, and entertain. -
Miami River Corridor Multi-Modal Transportation Plan Appendices
FFinalinal AAppendixppendix CCover.aiover.ai 88/29/2007/29/2007 22:16:12:16:12 PPMM PREPARED FOR C M Y CM MY CY CMY K PREPARED BY © 2007 KIMLEY-HORN AND ASSOCIATES, INC. • AUGUST 2007 50300052.06 040829010 APPENDIX A: Referenced Web Sites APPENDIX B: Miami River Corridor Urban Infill Plan, Transportation Related Implementation Steps Recommendations APPENDIX C: Miami River Developments and Miami River Greenway Virtual Tour within the DDA Boundary APPENDIX D: Traffic Data Miami-Dade County Public Works Department Existing Timing Plans Intersection Turning Movement Counts Intersection Diagrams 24-Hour Machine Counts APPENDIX E: Growth Trend Analysis FDOT Historical Count Information Growth Trend Analysis APPENDIX F: Peak Season Conversion Factor Table APPENDIX G: Volume Development Worksheets APPENDIX H: Existing Conditions (2006) SYNCHRO 6.0 Outputs 2006 A.M. Peak Hour Existing Timings 2006 P.M. Peak Hour Existing Timings APPENDIX I: Drawbridge Operation Regulations APPENDIX J: Short Sea Shipping APPENDIX H: Status of the Miami River Corridor Urban Infill Plan Transportation Related Implementation Steps Status of Miami River Corridor Urban Infill Plan Transportation Implementation Steps · Request the City of Miami and Miami-Dade County and FDOT to pursue multi-modal transportation funding for the Miami River Corridor. o The Florida Department of Transportation (FDOT) provides the majority of multi- modal transportation funding to areas designated in the Strategic Intermodal System (SIS) Plan. This Miami River Corridor Multi-modal Transportation Plan concludes the Miami River corridor can be determined as consistent with the current SIS eligibility requirements, which can be found in the SIS section of the Plan. -
Project-Ineligible-Log-Condos.Pdf
Condo Ineligible Log as of 3‐16‐19 State Project Name Project Location Decision Date Ineligible Project AL Caribe Orange Beach, AL 36561 3/2/2017 Condotel Condotel Insufficient reserves AL Phoenix III Orange Beach, AL 36561 2/23/2017 Non‐Incidental business income AL Phoenix West II Orange Beach, AL 36561 6/2/2016 Condotel AL Phoenix West II Orange Beach, AL 36561 6/2/2016 Operates as Condotel AL Turquoise Place Orange Beach, AL 36561 6/17/2016 Insufficient reserves, special assess for insurance premiums, condotel features AL Turquoise Place Orange Beach, AL 36561 10/27/2015 Insufficient reserves, special assess for insurance premiums, condotel features AZ Artisan Village at Gila Spring Chandler, AZ 85226 12/16/2015 20% completion & presale AZ Biltmore Promenade Phoenix, AZ 85016 2/3/2016 48% single Entity, not original developer. AZ Chandler Parc Chandler, AZ 85224 5/17/2017 Single entity over 10% (at 26.19%) AZ Chandler Parc Chandler, AZ 85224 5/17/2017 Single entity over 10% (at 26%) AZ Four Peaks Fountain Hills, AZ 85268 10/8/2015 Developer rents 41.5%, overall investor concentration 88.4%. AZ One Lexington Phoenix, AZ 85012 3/4/2015 3/4 project is ineligible due to structural defects case against original developer. AZ Quarter Glendale, AZ 85305 6/24/2015 Defects, Repairs, Dollar amount not known. Trial set December 2015 CA 1245 Orange Grove Glendale, CA 91205 6/8/2015 PERS required. 2007 Non‐Gut Conversion, 62.5% rentals developer owned. Pooled insurance. CA 4211 Redwood Ave 6/13/2017 construction defect litigation CA 5264 3rd St San Franciso, CA 94124 3/10/2017 Investment transaction. -
Dade Heritage Trust, with Partners Green Mobility Network And
Dade Heritage Trust, with partners Green Mobility Network and Brickell Bikes, invite you to join us @ 10:00am, the second Sunday each month for our themed bike tours, starting at Dade Heritage Trust HQ at 190 SE 12 Terrace. Tours are $10 or $5 for members of DHT and GMN. Tours are family-friendly, leisurely, guided rides. Bike rentals are available in advance at Brickell Bikes, 70 SW 12 Street (305-373-3633) or day of at Dade Heritage Trust! April 10 PEDAL AND PARK IT! This tour will take us to four City of Miami Parks: Simpson, Joe Marti, Lummus and Brickell. We will tour each park and learn about the flora, fauna and yes, historic architecture, too! Maybe we'll even see a manatee! May 8 BIKE THE BASIN Meet at the Miami Rowing Club on Virginia Key, 3601 Rickenbacker Causeway to explore the Miami Rowing Club and a little known, but beautiful, bike path around the Miami Marine Stadium basin. June 12 OVERTOWN OVERVIEW Like many spaces in urban Miami, Overtown has a rich history but the neighborhood is rapidly changing. This tour will visit buildings and venues and new development with a stop at the historic Lyric Theater. July 10 LITTLE HAVANA DAYDREAMIN' Little Havana has great coffee, cigars, chickens and architecture! Bungalows, courtyards, coral rock homes and more. We ride around the neighborhood and stop at Citizens for a Better South Florida for lemonade on the porch! August 14 BISCAYNE BABIES Bike Biscayne Boulevard, through Bayfront Park, to the American Airlines Arena, through Museum Park and on to the historic Miami Woman's Club and Margaret Pace Park, with information about each venue along the way. -
GTI PORTFOLIO of RECENTLY CONSTRUCTED TALL BUILDINGS August 2009
GTI PORTFOLIO OF RECENTLY CONSTRUCTED TALL BUILDINGS August 2009 This portfolio contains a few representative tall building projects recently constructed using GTI Components. Project Name Location Stories Marquis Miami, Florida 67 stories Trump Tower and Parking Structure Las Vegas, Nevada 64 stories Marinablue Miami, Florida 57 stories Plaza on Brickell, Tower 1 Miami, Florida 56 stories Encore Hotel and Casino Las Vegas, Nevada 52 stories Plaza on Brickell, Tower 2 Miami, Florida 48 stories Paramount Bay at Edgewater Square Miami, Florida 47 stories Wynn Hotel and Casino Las Vegas, Nevada 45 stories The Ivy at Riverfront Miami, Florida 45 stories Met 1 Miami, Florida 40 stories * Information on the projects within this portfolio was gathered from the Wikipedia Web Site. GTI Portfolio on recently Constructed Tall Buildings August 2009 Page 2 of 10 Marquis Condominium Miami, FL Project Details Total Height: 213 m (700 ft), 67 floors Construction Period: 2006-2008 GTI Components used: • GTI Unbonded Systems • GTI Concrete Accessories Project Description Marquis is a skyscraper in downtown Miami. It was topped out in March 2008. The tower, is 700 ft (213 m) tall, and contains 67 floors. The building currently stands as the 3rd-tallest building in Miami and in the state of Florida. It also stands as the tallest all- residential building in the Southeastern United States. The building is located across from Bicentennial Park in northern downtown on Biscayne Boulevard between Northeast 11th and 12th Street, adjacent to the Eleventh Street Metro Station. The ground floors Levels 1-3 is used by retail & hotel. Floors 5-14 is used for parking, hotel units and amenities, and floors 15-67 contain residential units. -
Federal Register/Vol. 85, No. 31/Friday, February 14, 2020/Rules
Federal Register / Vol. 85, No. 31 / Friday, February 14, 2020 / Rules and Regulations 8397 For plans with a valuation Immediate Deferred annuities Rate set date annuity rate (percent) (percent) On or after Before i1 i2 i3 n1 n2 ******* 317 3–1–20 4–1–20 0.00 4.00 4.00 4.00 7 8 ■ 3. In appendix C to part 4022, rate set Appendix C to Part 4022—Lump Sum 317 is added at the end of the table to Interest Rates for Private-Sector read as follows: Payments * * * * * For plans with a valuation Immediate Deferred annuities Rate set date annuity rate (percent) (percent) On or after Before i1 i2 i3 n1 n2 ******* 317 3–1–20 4–1–20 0.00 4.00 4.00 4.00 7 8 Issued in Washington, DC. Folder on the line associated with this public access to information about Hilary Duke, rule. marine events and special local Assistant General Counsel for Regulatory FOR FURTHER INFORMATION CONTACT: If regulations within the COTP Miami Affairs, Pension Benefit Guaranty you have questions about this proposed Zone. Corporation. rulemaking, contact Mr. Omar Beceiro, The Coast Guard published a notice of [FR Doc. 2020–02887 Filed 2–13–20; 8:45 am] Sector Miami Waterways Management proposed rulemaking (NPRM) on BILLING CODE 7709–02–P Division, U.S. Coast Guard at 305–535– October 2, 2019 titled, ‘‘Special Local 4317 or by email: Omar.Beceiro@ Regulations; Recurring Marine Events, uscg.mil. Sector Miami’’ (84 FR 52411). There we stated why we published the NPRM, DEPARTMENT OF HOMELAND SUPPLEMENTARY INFORMATION: SECURITY and invited comments on our proposed I.