Contracts for nonresidential and residential future construction in the Miami-Fort Lauderdale-Miami Beach metro area are up 62 percent for the year to date, according to data released by McGraw Hill Construction. For the year to date, total contracts have reached $4.73 billion, up from $2.91 billion in the same period in 2011. Residential contracts have experienced the biggest jump, with an 87 percent increase to $2.61 billion through the end of October. – Alexander Britell
Art Miami will launch a new art fair in the spring, dubbed Art Wynwood.
The program, which will be held in the same pavilion used for Art Miami
during Art Basel, will open on President’s Day weekend. “With the
continued expansion of the Wynwood Arts District and Miami as a global
hub for the art world, we are confident that Art Wynwood will fill a gap
in the market, offering improved opportunities for our dealers and
contemporary art collectors alike,” said Nick Korniloff, director of the
fair and partner in Art Miami. The pavilion has a total of 125,000
This week we are taking our Architecture City Guide to South Beach. Miami’s architectural styles range from austere corporate architecture, as it has the largest concentration of international banks in the United States, to colorful and playful architecture that reflects its beach and Latin American culture. Architecture lovers can’t miss Miami Beach’s Art Deco District or its old Spanish heritage. We have put together a list of 12 contemporary buildings that range from a small park pavilion to the Adrienne Arsht Center for the Performing Arts. There is plenty more to see in Miami so please add your “must not miss” in the comment section below.
He helped shape modern Miami, and that makes developer Tibor Hollo a world figure of sorts. Last week, that was confirmed when Hollo, the president of Florida East Coast Realty, was named “Global Citizen of the Year” for 2009 by the City of Miami and the Greater Miami Host Committee.
Eighty-two-year-old Hungarian-born Hollo, who has spent 55 years in the development game, was chosen for his ability to bring Miami to the world and the world to his adopted city ……
……Ignacio Permuy, president of Terra Architecture in Coral Gables, said Hollo has continued developing through nine recessions.
Veteran developer Tibor Hollo is considering going from two high-rise towers to one with his plan to build the tallest building in Miami, but he says he isn’t reducing much else on the project.
His alternative vision for the One Bayfront Plaza site, located just southeast of Bayside Marketplace, still would have a hotel, offices and retail space inside more than 3 million square feet of building. The tower would lose some bragging rights by (more…)
In 2010, developers of buildings like the new Banco Santander tower will need to get creative to build taller and more dense projects under Miami’s still-pending zoning code, Miami 21.
Banco Santander is considering paying for a transfer of development rights from other property owners to build an 840-foot tower on Brickell Avenue. The possible development strategy was part of a December briefing a bank official made to city commission Chairman Marc Sarnoff, his staffers and the city’s planning director.
The architects behind Miami’s iconic Espirito Santo building are working to design an 84-story glass tower for Spain-based Banco Santander’s site on Brickell Avenue.
New York City-based Khon Pederson Fox Associates (KPF) won a contest to design the building, the company confirmed. But Banco Santander officials have wanted to keep the details of the Miami project under wraps.
Every major global city has a site with the potential and location to be that city’s epicenter; where the city’s most identifying landmark or trophy building should be found. One Bayfront Plaza is that site and will become Miami’s signature building. This premier location, located at 100 South Biscayne Boulevard, is situated at the south end of the widest section of Miami’s main thoroughfare, Biscayne Boulevard, overlooks both Biscayne Bay and Bayfront Park. (more…)
Terra Architecture has announced the completion of its redesign of One Bayfront Plaza, a US1.8 billion dollars landmark project set to redefine the skyline of Miami. Terra Architecture initially won the competition to design what will be Miami’s tallest building in 2006 and has been developing the design of this mixed use project since. An extensive redesign of the project which began last Autumn has just completed with the project now composed of a single 1,010 ft tall iconic tower with unparalleled views of Biscayne Bay.
- Why a giant new slide is so important to Aventura Mall — and what it’s like to ride it
- Ronny Finvarb pays $19M for Citibank building in South Beach, plans hotel
- Turnberry Associates scores $259M construction loan for Turnberry Ocean Club
- Miami inches closer to multimillion-dollar riverfront development deal
- Ronny Finvarb snags $27.6M construction loan for new South Beach Kimpton hotel