The Bank Condominium Expected To Be Completed By Summer
By Deserae del Campo
The Bank, a 79-loft condominium at 8101 Biscayne Blvd., is close to completion with 77 units under contract.
James Goldstein, president of Midgard Development Group, purchased the building, once home to Miami National Bank, in 2003 for $3 million.
"The building was first built circa 1955 into a two-story bank," said Daniel Goldstein, Midgard sales and marketing director. "In 1964, construction expanded the building into six stories, turning it into a multi-tenant office building."
Midgard received building and demolition permits to renovate the interior in August 2005.
"Construction is in full swing and should be completed by summer of 2006," said Daniel Goldstein. "Two penthouse lofts are still available. One is facing the bay and Miami Beach and the other is facing the west. Both penthouse lofts are 1,400 square feet and going for $509,000 and $469,000."
Contracts with 20% down payment have been signed for 77 of the 79 lofts, he said.
The top floor includes rooftop amenities with an open sundeck, lounge chairs and multiple hot tubs.
The Bank also has over 15,000 square feet of first-floor retail space. The 5,000-square-foot restaurant space was sold to a very reputable local restaurateur, Mr. Goldstein said, leaving over 10,000 square feet available at $300 per square foot. Advertisement
Related Articles
- Brickell City Center record-setting office tower nearing
- Short-term rentals with speakeasy to rise in Wynwood
- With less space leased, office rents rise 10%
- Miami Worldcenter advances on several fronts
- New Miami Worldcenter occupants set to open in 2022
- Coconut Grove offices nearly full, demand strong
- 51-story Legacy Hotel in Miami Worldcenter wins city OK
- Micro housing becoming big answer to affordable living
- Tech, finance and dining fuel Wynwood realty
- With $215 million funding, vast Wynwood Plaza gets moving
Most Popular
- Miami Beach goes shopping for $6.5 million oceanfront house
- Miami International Airport advances vast Central Terminal revamp
- Biden budget funds Northeast Miami-Dade rail startup
- Future of deteriorating Jackie Gleason Theater a tossup
- Three-tower Miami Riverbridge wins river commission backing
- 40-story Santander Tower to add Brickell Class A offices
- Highly touted 830 Brickell office tower opening awaited
- Coral Gables talks to Miami International Airport CEO for manager
- Underdeck 33-acre park under signature bridge underfunded
- Polish American Club plans Miami River tower
Recent Comments