Greater Downtown Miami Development Pipeline
Total Page:16
File Type:pdf, Size:1020Kb
Greater Downtown Miami Development Pipeline 10,038 Condos 4,136 Apartments 558 Hotel Units Under Construction 415,000 SF Office 1,132,438 SF Retail 1,780 Theater Seats 1. Eve 2. Bentley Edgewater Hotel 3. Hyde Hotel & Residences 4. Spark 3635 NE 1 Ave & Residences 3401 NE 1 Ave 522 NE 34 St Developer: Wharton Equity | Mack 410 NE 35 Ter Developer: The Related Group Developer: Andres Goldenber DESIGN DISTRICT Architect: ADD I nc Developer: The Heafey Group | SBE Architect: Behar & Font Apartments: 195 Architect: Kobi Karp Architect: Debora Aguilar Est. Completion: 2018 Retail SF: 63,000 Est. Completion: 2017 Est. Completion: 2017 Condos: 56 Apartments: 207 Condos: 337 SparkonEdgewater.com 1 Retail SF: 1,553 Hotel Units: 60 theBentleyMiami.com Retail SF: 21,745 2 HydeMidtown.com Julia Tuttle Cswy 3 5. Midtown 8 6. One Paraiso 7. Paraiso Bay - Tower 1 8. Paraiso Bayviews MIDTOWN 4 Greater Downtown Miami Overview 3201 NE 1 Ave 602 NE 31 St 600 NE 31 St 600 NE 31 St Developer: Magellan Developer: The Related Group Developer: The Related Group Developer: The Related Group 5 Shops at Midtown Miami Demographics Market Demand - Consumer Expenditures Developmemt Group Architect: WHLC Architect: Arquitectonica Architect: Arquitectonica Architect: Loewnburg Architects Est. Completion: 2017 Condos: 360 Est. Completion: 2018 1 6 7 8 Total Population 88,540 Residents $861.5 Million Est. Completion: 2017 Condos: 276 ParaisoBay.com Condos: 396 2 3 Race and Ethnicity All Retail $720.7 Million Apartments: 400 OneParaisoTower.com ParaisoBayviews.com 9 10 % White 23% Apparel $96.9 Million Retail SF: 24,500 11 % Black 15% MidtownMiami.com Grocery $207.8 Million % Asian 3% % Other 3% Household Furnishings $70.1 Million 9. Biscayne Beach 10. The Edgewater 11. Pearl Midtown 29 12. 26 Edgewater 12 % Hispanic (any race) 56% Music, Radio, Television $51.6 Million 2955 NE 7 Ave 481 NE 29 St 190 NE 29 St 321 NE 26 St WYNWOOD Median Age 35 Personal Care $156.5 Million Developer: GTIS Partners Developer: Edgewater Condo Developer: Adler Development Developer: Stripey Development 4 13 Architect: Modus Architects Condos: 30 | Encore Housing Opportunity Architect: Laith Sayigh Total Households 46,130 Restaurants $170.6 Million Condos: 399 Fund | Fifteen Group Condos: 86 Daytime Population 234,976 Workers & Visitors $1.5 Billion Retail SF: 13,203 Architect: Stantec Architects 26EdgewaterCondos.com 14 BiscayneBeachResidences.com Est. Completion: 2018 15 16 17 Market Stability Business Environment Condos: 309 EDGEWATER Retail SF: 12,000 Income Profile All Businesses 11,113 Median Household Income $66,498 Employees 136,459 13. 2500 Biscayne 14. 250 Wynwood 15. Wynwood Arcade 16. Missoni Baia Average Household Income $97,671 Estimated Revenues $23.3 Billion 2500 Biscayne Blvd 250 NW 24 St 74 NW 24 St 700 NE 23 St % Owner Occupied Housing 35% Medium and Large Business 411 Developer: Greystone & Co. Developer: Fortis Development Group Developer: East End Capital Developer: OKO Group/OB Group/Cain Hoy % Renter Occupied Housing 65% Employees 72,785 Architect: Behar Font & Partners Architect: Arquitectonica Architect: DFA Architect: Revuelta Apartments: 156 Condos: 11 Est. Completion: 2017 Architecture/Asymptot Blvd Biscayne Educational Attainment Estimated Revenues $9.9 Billion 250Wynwood.com Retail SF: 25,000 Architecture Total Population (25+) 67,645 Micro & Small Business 10,702 WynwoodArcade.com Condos: 168 18 MissoniBaia.com High School Graduate 18% Employees 63,674 Higher Education 59% Estimated Revenues $13.4 Billion ARTS & ENTERTAINMENT 17. Elysee Miami 18. Aria on the Bay 19. Canvas 20. Square Station DISTRICT Source: Synergos Technologies - PopStats, Miami DDA, Social Compact 700 NE 23 St 1770 N Bayshore Dr 1600 NE 1 Ave 1502 NE Miami Pl Developer: 700 Miami Partners LLC Developer: Melo Group Developer: NR Investments Developer: Melo Group 19 Architect: Bernado Fort - Brescia Est. Completion: 2017 Architect: Arquitectonica Architect: Zyscovich Architects 20 Condos: 100 Condos: 647 Est. Completion: 2017 Est. Completion: 2018 Venetian Cswy ElyseeMiami.com Retail SF: 40,000 Condos: 513 Condos: 710 5 AriaOnTheBay.com Retail SF: 10,000 Retail SF: 15,000 CanvasCondos.com HEALTH DISTRICT 21. Patricia & Philip Frost 22. 1000 Museum 23. 7th Street Apartments 24. Miami WorldCenter Museum of Science 1000 Biscayne Blvd 700 N Miami Ave 700 N Miami Ave 1101 Biscayne Blvd Developer: Covin Development Developer: Miami World Center Developer: Miami World Center 21 6 Developer: City of Miami Architect: Zaha Hadid Associates Architect: Grimlaw Architects Condos: 83 Associates Est. Completion: 2017 1000Museum.com Architect: Cohen, Freedman, Architect: Elkus Manfredi 22 MiaSci.org Encisosa & Associates Condos: 1200 Est. Completion: 2018 Retail SF: 450,000 Apartments: 863 MiamiWorldCenter.com CITY OF MIAMI 23 24 25. Paramount Miami 26. All Aboard Florida’s 27. Vice 28. East Coast Building 7 25 MIAMI BEACH WorldCenter “MiamiCentral Station” 243 NE 3 St 123 SW N River Dr 700 N Miami Ave 40 NW 3 St Developer: PMG Developer: Alex Mantecon | Developer: Daniel Kodsi | Art Developer: Florida East Coast Architect: CFE Architects Guillermo Vadell 9 Falcone | Nitin Motwani Industries Est. Completion: 2018 Retail SF: 100,000 Biscayne Blvd Architect: Elkus Manfredi Architect: SOM Condos: 464 8 Est. Completion: 2018 Est. Completion: 2017 Retail SF: 7,000 McArthur Cswy Condos: 569 Apartments: 800 26 27 MiamiWorldCenter.com Retail SF: 217,000 MARLINS STADIUM Office SF: 319,000 AllAboardFlorida.com Bayside Marketplace CENTRAL BUSINESS DISTRICT 29. Met Square 30. 300 Biscayne Boulevard Way 31. Solitair Brickell 32. Brickell Heights (Avant at Met Square) 300 Biscayne Blvd Way 86 SW 8 St 850 S Miami Ave PortMiami Flagler St 302 SE 3 St Developer: Coto Developer: ZOM Developer: The Related Group | 28 Flagler St Shopping District Developer: ZOM Group Architect: CFE Architects Architect: ADD Inc. Crescent Heights Architect: Est. Completion: 2018 Apartments: 438 Architect: David Rockwell 29 Est. Completion: 2017 Condos: 390 Retail SF: 7,649 Condos: 690 10 30 Apartments: 392 Retail SF: 35,000 S Miami Ave S Miami Ave Retail SF: 38000 Office SF: 45,000 Theater Seats: 1,780 BrickellHeights.com 11 MetropolitanMiami.com 33. SLS Lux 34. Brickell Ten 35. Brickell Flatiron 36. 1010 Brickell 801 S Miami Ave 1010 SW 2 Ave 1001 S Miami Ave 1010 Brickell Ave Ave Brickell Developer: The Related Group | Developer: IB Corp | Waterstone Developer: Brickell Flatiron LLC Developer: Key International Brickell City Centre Crescent Heights Capital Architect: Kobi Karp Architect: Siegar Suarez 31 Architect: Arquitectonica Architect: BC Architects Est. Completion: 2017 Architectural Partnership 32 33 Condos: 535 Condos: 155 Condos: 549 Condos: 387 Hotel Units: 60 Retail SF: 13,952 Retail SF: 40,000 Retail SF: 8,045 34 SLSLux.com BrickellTen.com BrickellFlatironMiami.com 1010Brickell.com 35 CORAL SPRINGS POMPANO BEACH 36 37 38 Mary Brickell Village 39 Regional Catchment Area Overview 37. Broadstone at Brickell 38. Hotel Indigo 39. Panorama Tower 40. Echo Brickell TAMARAC 267 SW 11 St 145 SW 11 St 1101 Brickell Ave 1451 Brickell Ave Demographics 15 MIN 30 MIN Developer: Alliance Residential Developer: SunView Companies| Developer: Florida East Coast Developer: PMG SUNRISE HES Group Total Population 1,375,292 2,112,467 Architect: Zyscovich Architects Architect: Kobi Karp Realty Architect: Wurst Wolfe & BRICKELL Race and Ethnicity Apartments: 372 Est. Completion: 2017 Architect: Mosche Cosicher Associates FORT LAUDERDALE LiveatBroadstoneBrickell.com Hotel Units: 230 Est. Completion: 2017 Est. Completion: 2017 PLANTATION % White 12% 16% Hotel Units: 208 Condos: 180 WESTON % Black 25% 23% Apartments: 821 Retail SF: 2,791 40 DAVIE % Asian 1% 1% Retail SF: 50,000 EchoBrickell.com FLL Office SF: 50,000 % Other 3% 2% fecr.com % Hispanic (any race) 59% 58% HOLLYWOOD Median Age 38 40 PEMBROKE PINES Total Households 525,313 1,482,898 1,716 Condos 2,400 Hotel Units MIRAMAR AVENTURA Market Stability 15 MIN 30 MIN Planned* MIAMI GARDENS 424,340 SF Retail 610,123 SF Meeting Income Profile MIAMI LAKES Median Household Income $32,381 $40,382 1. Gran Paraiso 2. Naranza at Edgewater 3. Prodesa 4. Wyn26 OPA-LOCKA (Paraiso Bay - Tower 2) 444 N 31 St 444 N 31 St 58 N 26 St NORTH MIAMIBAL HARBOUR Average Household Income $60,154 $69,365 601 NE 31 St Developer: Prodesa Developer: The Related Group Developer: The Alvarez Group % Owner Occupied Housing 38% 53% HIALEAH Developer: The Related Group Architect: Arquitectonica | SBE Architect: Antoino Rodriguez % Renter Occupied Housing 62% 47% Architect: Arquitectonica Condos: 137 Architect: Arquitectonica Condos: 15 NORTH BAY VILLAGE Condos: 317 Condos: 167 Wyn26.com Educational Attainment MIAMI BEACH GranParaisoResidences.com DORAL Total Population (25+) 988,863 1,369,696 High School Graduate 28% 27% 7. Marriott Marquis 8. Bayside Marketplace 5. Auberge 6. Island Gardens MIAMI Higher Education 45% 50% 1440 Biscayne Blvd 950 MacArthur Cswy MiamiWorld Center (Renovations) Developer: The Related Group Developer: Flagstone Group 700 N Miami Ave 401 Biscayne Blvd Architect: Arquitectonica Architect: Spillis Candela/DMJM/ Market Demand 15 MIN 30 MIN Developer: MDM Group | Miami Architect: Zyscovich Architects CORAL GABLES Condos: 290 EDSA/Camper & Nicholsons World Center Associates Retail SF: 140,850 Rickenbacker Cswy Total Expenditures (Residents) AubergeMimaiResidences.com Hotel Units: 600 Architect: Nichols Brosch/ Wurst SOUTH MIAMI Retail SF: 220,000 Wolfe & Associates KEY BISCAYNE All Retail $6.7 Billion