The Newspaper for the Future of Miami
Connect with us:
  • Facebook
  • Twitter
  • Instagram
  • Linkedin
Front Page » Top Stories » 40story Omni Area Mixeduse Project Gains Miamis Ok

40story Omni Area Mixeduse Project Gains Miamis Ok

Written by on December 13, 2001

By Paola Iuspa
fedex puts $50 million miami expansion back on track port adds far east link, eyes yucatan amid expansion gains at port of miami moderate over past year experts say homestead needs coordinator to turn former military land into successful project broward, keys attracting affluent gay tourists speculation about us impact rises as ‘euro’ day approaches 40-story omni area mixed-use project gains miami’s ok calendar of events fyi miami filming in miami front page about miami today put your message in miami today contact miami today job opportunities research our files the online archive order reprints 40-story omni area mixed-use project gains miami’s okBy Paola Iuspa

Home for decades to politicians, judges and journalists at happy hour, an Omni area site has been approved for construction of a 40-story mixed-use complex.

When City of Miami commissioners OK’d Tuesday conceptual plans for the 1800 Club at 1800 North Bayshore Drive, brothers Robert and Bill Ader said they were happy because the new project will carry the same name of their father’s cocktail lounge, most popular during the 1960s and ’70s.

"The 1800 Club was founded in 1955 by our father, William Ader," said Robert, who attended the commission meeting. "We are very happy with the decision" to approve the project.

Bill Ader said the brothers closed the lounge five months ago when the family decided to sell the land to the developer.

Without neighbors’ opposition, developer BCOM Inc., with Michael Baumann and Aslan Palachi as principals, obtained a major use special permit for the 450-unit rental residential building with 27,604 square feet for offices and 4,872 square feet for retail.

Although zoning allowed up to 700 units on the site, BCOM opted for a smaller design, said Vicky Garcia-Toledo, the developer’s attorney.

The site is across from Margaret Pace Park, now undergoing a $3 million face-lift, with a view to Biscayne Bay immediately north of the former Omni Mall.

Designed by Bermello Ajamil & Partners, the 1.4-acre complex would have a 9-floor parking garage for 670 cars.

The ground floor has room for indoor and outdoor restaurant use and retail, an architect for the firm said. The next two levels would accommodate offices and the 4th floor would have townhome-like units.

The remaining floors would be for one- to three-bedroom units with rents ranging from $1,100 to $2,200 a month, Mr. Baumann said. Construction, planned to start in late summer, would cost about $150 million, he said.

The project is expected to generate more than $2.2 million in tax revenues annually to local governments, according to city documents.

BCOM, which is acting as a pension fund developer, has the financing in place, said Mr. Baumann, who said he still has to close on the purchase of the land.