Developer Gets Permit For Mixeduse Project In Brickell
Written by Deserae del Campo on February 2, 2006
By Deserae del Campo
Architects’ renderings show 1101 Brickell towering above Brickell Avenue with balcony views of downtown Miami and the Biscayne Bay skyline.
The renderings may soon become reality. Miami commissioners last week granted developer Leviev Boymelgreen a major use special permit to build the 849-foot, 74-story mixed-use building with 650 residential units, 269,000 square feet of office space and 30,000 square feet of retail space.
According to city records, construction cost is estimated at $256 million.
The city expects the project to create 770 construction jobs, 51 permanent jobs and $3.9 million in tax revenue.
The site had been occupied by an 11-story office tower opened in 1964 and renovated in 1993 and a 19-story office tower built in 1985. They were sold last year by Banco de Desarollo Economico y Social de Venezuela, forced to divest the property by Venezuelan law.
To construct 1101 Brickell, architects said, developers will demolish the existing parking garage along with the office and commercial tower, which will be gutted and renovated to create retail space.
Unit prices haven’t been determined, but Leviev Boymelgreen officials say anyone interested in buying a unit does not have to be multimillionaire.
The 17th floor is to include an amenity deck with a yoga studio, spa and fitness center.
According to materials submitted to the city’s planning department, "1101 Brickell is a large property, approximately 3.2 acres, which spans from Brickell Avenue to Brickell Bay Drive that presents a significant redevelopment opportunity."
The planning department recommended approval of 1101 Brickell with conditions. It asked developers to provide a pedestrian-friendly environment surrounding the building along with landscape architecture.
"We’ve made this project pedestrian-friendly with public access to Brickell Bay Drive and Brickell Avenue," said Kobi Karp, president of Kobi Karp Architecture. "It took us three to four months to complete the renderings for this project."
There are to be 390 one-bedroom units, 138 two-bedroom units and 106 two-bedroom units with bi-level lofts on the top floors.