Three Mixeduse Projects Seek City Approval
Written by Yeleny Suarez on March 24, 2005
By Yeleny Suarez
Three high-rise condo projects containing 1,072 units and to cost $482 million were to go before the Miami City Commission today (3/24).
Developers of Paramount Bay at Edgewater Square – a $150 million tower at Northeast 21st Street, 20th Terrace and Bayshore Drive – seek zoning and land-use changes. It’s to include 364 condos and 26,465 square feet of retail and a total of 647,301 square feet.
The proposed changes would cut the project from 3.7 acres to 2.72, residential from 614,588 square feet to 609,345 and commercial from 45,781 square feet to 29,766. They would shift the tower 30 feet east, cut the height from 503 feet to 496 and parking from 501 spaces to 452.
Members of the planning and zoning department back the changes, saying they would give greater flexibility to future development and increase waterfront access along Bayshore Drive.
Luciana L. Gonz·lez, special projects coordinator in the planning department, forecast passage. "I don’t think this will be a problem."
Seeking a major-use special permit are developers of the $142 million Pointe at Brickell Village, 1100 S. Miami Ave., which is to have 300 condo units, 41,553 square feet of offices and 13,659 square feet of retail, totaling 362,830 square feet. The planning department and advisory board back approval.
Opus, which has faced many hurdles, is recommended with conditions. The 58-story condo planned near the Performing Arts Center at 1237 Biscayne Blvd., next to Interstate 395, is to include two buildings, offices, 408 condo units and 17,160 square feet of retail at a $190 million cost.
At the Jan. 27 commission meeting, Florida Department of Transportation officials said they feared Opus would disrupt future highway improvements.
The planning department backs approval if the developer gets a letter from the Federal Aviation Administration saying the project would not affect the surrounding area.