Planned* Under Construction Greater Downtown Miami Overview

Planned* Under Construction Greater Downtown Miami Overview

Under Construction
1. Hampton Inn
3405 Biscayne Blvd
Developer: Mayan Properties /
3H Group Hotels / Arti Hersi
Est. Completion: 2017
Type: Hotel
Hotel Units: 151
Retail SF: 4,400
paraisobay.com
2. Paraiso Bay - Tower 1
600 NE 31 St
Developer: The Related Group
Est. Completion: 2017
Type: Residential
Condos: 360
paraisobay.com
3. One Paraiso
4. Biscayne Beach
5. Icon Bay
6. The Crimson
600 NE 31 St
Developer: The Related Group
Est. Completion: 2017
Type: Residential
Condos: 276
oneparaisotower.com
2955 NE 7 Ave
Developer: GTIS Partners
Est. Completion: 2016
Type: Residential
Condos: 399
Retail SF: 13,203
biscaynebeachresidences.com
428 NE 28 St
Developer: The Related Group
Est. Completion: 2015
Type: Residential
Condos: 300
iconbayresidences.com
527 NE 27 St
Developer: MCKafka Development
Est. Completion: 2015
Type: Residential
Condos: 90
thecrimsonmiami.com
7. Bay House
8. 250 Wynwood
9. Melody Tower
600 NE 27 St
Developer: Melo Group
Est. Completion: 2015
Type: Residential
Condos: 164
bayhousemiami.com
250 NW 24 St
Developer: Fortis Development
Est. Completion: 2015
Type: Residential
Condos: 11
250wynwood.com
10. Island Gardens
11. Patricia & Philip Frost
Museum of Science
950 McArthur Cswy
Developer: Flagstone Group
Type: Mixed use
Hotel Units: 600
Retail SF: 220,000
Marina
islandgardens.com
Museum Park
Est. Completion: 2015
miasci.org
DESIGN DISTRICT
245 NE 14 St
Developer: Melo Group
Est. Completion: 2015
Type: Residential
Apartments: 497
Julia Tuttle Cswy
1
1
MIDTOWN
12. 1000 Museum
1000 Biscayne Blvd
Developer: Covin Development
Est. Completion: 2016
Type: Residential
Condos: 83
1000museum.com
2 3
5
14. Centro
151 SE 1 St
Developer: Newgard Group
Est. Completion: 2016
Type: Residential
Condos: 352
centromiami.com
15b. Monarc at Met 3
16. Met Square
200 SE 2 St
Developer: ZOM Group / MDM
Est. Completion: 2016
Type: Residential
Apartments: 440
metropolitanmiami.com
302 SE 3 St
Developer: MDM Group
Est. Completion: 2017
Type: Mixed use
Condos: 392
Retail SF: 38,000
Theater Seats: 1780
metropolitanmiami.com
18. Brickell Heights
19. SLS Lux
850 S Miami Ave
Developer: The Related Group /
Crescent Heights
Est. Completion: 2016
Type: Mixed use
Condos: 664
Retail SF: 85,000
brickellheights.com
801 S Miami Ave
Developer: The Related Group /
Crescent Heights
Est. Completion: 2016
Type: Mixed use
Condos: 450
Hotel Units: 60
slslux.com
21. Brickell Ten
22. Millecento
1010 SW 2 Ave
Developer: IB Corp / Waterstone Capital
Est. Completion: 2016
Type: Residential
Condos: 155
Retail SF: 13,952
brickellten.com
1100 S Miami Ave
Developer: The Related Group
Est. Completion: 2015
Type: Residential
Condos: 382
millecentoresidences.com
24. Panorama Tower
25. The Bond
1080 Brickell Ave
Developer: MDR Toledo
Est. Completion: 2015
Type: Residential
Condos: 328
bondonbrickell.com
1500 SW 1 Ave
Developer: Atton Hotels
Est. Completion: 2015
Type: Hotel
Hotel Units: 275
30. Le Parc
31. Homewood Suites
1600 SW 1 Ave
Developer: Strategic Properties /
Alta Developers
Est. Completion: 2016
Type: Residential
Condos: 128
leparcatbrickell.com
1750 SW 1 Ave
Developer: The Baywood Hotels
Est. Completion: 2015
Type: Hotel
Hotel Units: 103
17. Brickell CityCentre
701 S Miami Ave
Developer: Swire Properties
Est. Completion: 2016
Type: Mixed use
Condos: 780
Apartments: 89
Hotel Units: 263
Office SF: 128,500
Retail SF: 625,000
brickellcitycentreconnect.com
4
ARTS & ENTERTAINMENT
DISTRICT
5. Canvas
1770 N Bayshore Dr
Developer: Melo Group
Est. Completion: 2017
Type: Residential
Condos: 647
Retail SF: 40,000
ariaonthebay.com
1630 NE 1 Ave
Developer: Ron Gottesman & Nir
Shoshani
Est. Completion: 2016
Type: Residential
Condos: 513
Retail SF: 10,000
MIAMI BEACH
CITY OF MIAMI
6
7
26. SLS Hotel & Residences
8
9
1300 S Miami Ave
Developer: The Related Group
Est. Completion: 2016
Type: Mixed use
Condos: 450
Hotel Units: 132
Retail SF: 10,000
slsbrickell.com
CENTRAL BUSINESS
DISTRICT
13
29. Cassa Brickell
201 SW 17 Rd
Developer: TGS Paragon
Development
Est. Completion: 2016
Type: Residential
Condos: 81
cassa-brickell.com
Mc
Art
Bayside Marketplace
8. Paramount Miami
700 N Miami Ave
Developer: The Forbes Group
Taubman Company /Miami
Worldcenter Associates
Est. Completion: 2016
Type: Retail
Retail SF: 765,000
miamiworldcenter.com
700 N Miami Ave
Developer: Miami Worldcenter
Associates
Est. Completion: 2017
Type: Residential
Condos: 470
miamiworldcenter.com
10. Skyrise Miami
11. The Edge on Brickell
Worldcenter
Worldcenter
401 Biscayne Blvd
Developer: Berkowitz Development
Est. Completion: 2017
Type: Entertainment (club,
ballroom, observation deck,
theater, restaurant, skyrise drop
& plunge).
skyrisemiami.com
13. Indigo Hotel
145 SW 11 St
Developer: SunView Companies
HES Group
Est. Completion: 2016
Type: Hotel
Hotel Units: 140
Meeting SF: 2,000
55 SW Miami Ave Rd
Developer: Edge on Brickell LLC
Est. Completion: 2016
Type: Mixed use
Condos: 130
Retail SF: 40,000
theedgeonbrickell.com
11
Flagler St Shopping District
17
BRICKELL
18
20
21
13
3. ION East Edgewater
29
2701 Biscayne Blvd
Developer: Sakor Development
Group
Est. Completion: 2016
Type: Mixed use
Condos: 330
Retail SF: 20,000
ionmiamicondos.com
13
31
28
30
19
12
23
Mary Brickell Village
24
22
25
26
14
CORAL SPRINGS
POMPANO BEACH
Regional Catchment Area Overview
32
TAMARAC
Demographics
SUNRISE
6. Marriott Marquis World
Convention Center Hotel
700 N Miami Ave
Developer: MDM Group / Miami
Worldcenter Associates
Est. Completion: 2017
Type: Mixed use
Hotel Units: 1,800
Meeting SF: 600,000
miamiworldcenter.com
PLANTATION
FORT LAUDERDALE
WESTON
DAVIE
9. Krystal Tower
FLL
PEMBROKE PINES
530 NW 1st Ct
Developer: Krystal Investment
Solution LLC
Est. Completion: 2016
Type: Residential
Condos: 153
krystaltower.com
AVENTURA
MIAMI GARDENS
MIAMI LAKES
OPA-LOCKA
3,982 Condos 1,980 Hotel Units
936,745 SF Retail 602,000 SF Meeting Space
* Projects listed under “Planned” are either pre-leasing, taking reservations or contracts
NORTH MIAMI BAL HARBOUR
HIALEAH
COCONUT GROVE
NORTH BAY VILLAGE
MIAMI BEACH
DORAL
CORAL GABLES
SOUTH MIAMI
KEY BISCAYNE
PINECREST
Income Profile
Median Household Income
Average Household Income
% Owner Occupied Housing
% Renter Occupied Housing
Educational Attainment
Total Population (25+)
High School Graduate
Higher Education
Market Demand
MIAMI
14. Villa Magna Brickell
Planned Summary
Total Population
Race and Ethnicity
% White
% Black
% Asian
% Other
% Hispanic (any race)
Median Age
Total Households
Market Stability
MIRAMAR
Rickenbacker Cswy
1201 Brickell Bay Dr
Developer: Florida East Coast
Realty/MG Properties/Corigin Real
Estate
Est. Completion: 2017
Type: Residential
Condos: 787
fecr.com
y
16
1451 Brickell Ave
Developer: PMG
Est. Completion: 2017
Type: Residential
Condos: 180
Retail SF: 2,791
echobrickell.com
1001 S Miami Ave
Developer: Brickell Flatiron LLC
Est. Completion: 2016
Type: Residential
Condos: 552
Retail SF: 40,000
brickellflatironmiami.com
Csw
15
32. Echo Brickell
12. Flatiron
hur
PortMiami
14
Flagler St
10
HOLLYWOOD
7. The Mall at Miami
Lincoln Road
12
Bricke
ll Ave
4. Aria on the Bay
11,113
136,459
$23.3 Billion
411
72,785
$9.9 Billion
10,702
63,674
$13.4 Billion
10
11
Planned*
Biscayne Blvd and NE 31 St
Developer: The Related Group
Est. Completion: 2016
Type: Residential
paraisobay.com
All Businesses
Employees
Estimated Revenues
Medium and Large Business
Employees
Estimated Revenues
Micro & Small Business
Employees
Estimated Revenues
$115.5 Million
$1.4 Billion
9
27
Paraiso Bayviews
Business Environment
$80.4 Million
$131.4 Million
$48.3 Million
$21.4 Million
$54.9 Million
Venetian Cswy
HEALTH DISTRICT
1,108,500 SF Office 1,324,391 SF Retail
2. Paraiso Bay -Towers 2,
Restaurants
Workers & Visitors
Income Profile
Median Household Income
$65,311
Average Household Income $95,928
% Owner Occupied Housing
22.0%
% Renter Occupied Housing
78.0%
Educational Attainment
Total Population (25+)
61,775
High School Graduate
15.0%
Higher Education
70.0%
5
23. 1010 Brickell
1010 Brickell Ave
Developer: Key International
Est. Completion: 2016
Type: Residential
Condos: 387
Retail SF: 8,045
1010brickell.com
$720.7 Million
Apparel
Grocery
Household Furnishings
Music, Radio, Television
Personal Care
Market Stability
Village
900 SW 1 Ave
Developer: LYND Development /
LNR Property
Est. Completion: 2015
Type: Residential
Condos: 369
ninemiami.com
35
41,773
220,000
$859.3 Million
All Retail
Source: Synergos Technologies - PopStats, Miami DDA, Social Compact
20. NINE @ Mary Brickell
Under Construction Summary
3401 NE 1 Ave
Developer: The Related Group / SBE
Est. Completion: 2016
Type: Mixed use
Condos: 400
Hotel Units: 40
Retail SF: 21,745
hydemidtown.com
Median Age
Total Households
Daytime Population
EDGEWATER
8
6,781 Condos 3,065 Apartments 1,792 Hotel Units
1. Hyde Hotel & Residences
6
26.0%
14.9%
2.7%
2.2%
54.1%
Residents
S Miami Ave
145 SW 13 St
Developer: Behringer Harvard /
Alliance Residential
Est. Completion: 2015
Type: Residential
Apartments: 418
livetheedgebrickell.com
WYNWOOD
Blvd
28. Atton Hotel
27. SoMa Brickell
200 SE 2 St
Developer: MDM Group
Est. Completion: 2015
Type: Mixed use
Retail SF: 37,000
metropolitanmiami.com
80,750
% White
% Black
% Asian
% Other
% Hispanic
7
15a. Metropolitan 3
ayne
Bisc
1101 Brickell Ave
Developer: Florida East Coast Realty
Est. Completion: 2017
Type: Mixed use
Apartments: 821
Hotel Units: 208
Office SF: 100,000
Retail SF: 50,000
fecr.com
Total Population
Race and Ethnicity
Biscayne Blvd
40 NW 3 St
Developer: Florida East Coast
Industries
Est. Completion: 2016
Type: Mixed use Transportation
Hub - High speed rail, Metro-Rail,
MetroMover, MetroBus
Apartments: 800
Retail SF: 217,000
Office SF: 880,000
allaboardflorida.com
Market Demand - Consumer Expenditures
Demographics
2
4
3
13. MiamiCentral Station
Greater Downtown Miami Overview
Shops at Midtown Miami
Total Expenditures (Residents)
All Retail
Apparel
Grocery
Household Furnishings
Music, Radio, Television
Personal Care
Restaurants
Source: ESRI Business Analyst Online, Miami DDA
15 MIN
30 MIN
705,982
2,622,678
13.3%
24.2%
1.2%
1.3%
60.0%
39
270,973
18.8%
19.0%
1.9%
1.5%
58.9%
40
948,678
15 MIN
30 MIN
$30,181
$40,554
34%
66%
$51,490
$61,897
52%
48%
503,630
25.8%
44.9%
1,845,475
25.2%
52.0%
15 MIN
30 MIN
$6.2 Billion
$466 Million
$1.3 Billion
$466 Million
$333 Million
$920 Million
$884 Million
$22.1 Billion
$1.6 Billion
$4.3 Billion
$1.7 Billion
$1.2 Billion
$3.3 Billion
$3.1 Billion
TRANSPORTATION & INFRASTRUCTURE*
NE 24 St
Existing
BISCAYNE BLVD
Design District
Metrorail
Metrorail is a 23-station, 25-mile elevated rapid transit system serving Miami-Dade County, with
direct service to Downtown Miami, Miami International Airport (MIA), Kendall/Dadeland, South
Miami, Coral Gables, the Health District, and various communities in northwest Miami-Dade; and
connecting service to Broward and Palm Beach counties via the Tri-Rail/Metrorail transfer station.
www.miamidade.gov/transit/metrorail.asp
NE 20 St
Metromover
Margaret Pace
Park
All Aboard Florida
Wynwood
The Metromover is a FREE, 21-station, 4.4-mile automated people mover system in Downtown
Miami, with connections to Metrorail at the Government Center and Brickell stations, and to
Metrobus at various locations throughout downtown. The system connects all of Downtown’s
neighborhoods and destinations, including the AmericanAirlines Arena, Bayside Market Place,
Miami-Dade College, Museum Park, Mary Brickell Village, and the Adrienne Arsht Center for the
Performing Arts. www.miamidade.gov/transit/metromover.asp
NE 17 St
Miami Streetcar
Miami Trolley
NE 2 Ave
NE 15 St
PortMiami Tunnel
NE 10 St
NE 9 St
The newly opened PortMiami Tunnel (POMT) provides a direct connection between I-395/MacArthur
Causeway and the seaport. The tunnel creates another entry to PortMiami in addition to the Port
Bridge, improves traffic flow in downtown Miami by reducing the number of cargo trucks and
cruise related vehicles on downtown streets, and promotes ongoing and future development in and
around Downtown Miami. www.portofmiamitunnel.com
WATSON ISLAND
Museum
Park
BISCAYNE BLVD
AVE
AV
CSWY
Riverwalk / Baywalk
I-395 / Signature Bridge
The Miami Riverwalk and Baywalk aim to provide an uninterrupted, publicly accessible promenade
for walking and biking along Downtown Miami’s two beautiful waterfronts: Biscayne Bay and the
Miami River. With many segments already completed and accessible to the public, the Riverwalk
and Baywalk will be further connected as properties along the bay and river are developed.
www.miamirivercommission.org
N
MIAMI
MACARTHUR
The Miami Trolley is a comprehensive, City-wide rubber-tire trolley system, with three loops
serving Downtown Miami covering Brickell, the CBD, the Arts & Entertainment District, and
PortMiami. The trolleys are FREE and run from 6:30 a.m. to 11 p.m. every day but Sunday.
www.miamigov.com/trolley
Miami Beach
NE 12 St
NE 11 St
Miami
International
Airport (MIA)
BayLink
NE 13 St
NW 1 Ave
Tri-Rail Coastal Link
HERALD PLZ
NE 1 Ct
A
NE 1 Ave
VE
AVE
N MIAMI A
NE 14 St
NE 14 Ter
NE 8 St
NE 2 Ave
NE 8 St
NE 6 St
NE 2 St
Bayfront
Park
CitiBike Bike Sharing Program
ive
iR
m
E FLAGLER ST
W FLAGLER ST
MARKET
r
SE 1 St
SW 2 Ave
The CitiBike program is Miami’s new bike sharing and rental system, consisting of a fleet of bikes
that are locked into a vast network of docking stations located throughout Miami and Miami Beach.
With a thousand bikes at a hundred stations and more on the way, bikes are available to use 24
hours a day, 365 days a year. www.citibikemiami.com
Riverwalk / Baywalk
SE 1 Ave
SW 1 St
SE 2 St
SE 3 St
Biscayne Bay
SE 3 Ave
INSIGHTS
ia
M
NE 1 St
E BLVD
BISCAYN
NE 3 St
NW 1 St
Downtown Miami is now home to several car sharing and ride sharing programs, which
provide additional options for getting around Downtown and Greater Miami. Car sharing
providers, such as Car-2-Go and ZipCar, provide for short-term vehicle rentals at convenient
and accessible locations throughout the City; while ride sharing providers, such as Uber
and Lyft, allow customers to request rides for convenient pick-up and drop-off service.
www.car2go.com | www.zipcar.com | www.uber.com | www.lyft.com
PORTMIAMI
NE 4 St
NW 5 Ave
February 2015
Lummus
Park
Car Sharing / Ride Sharing Programs
PORT BLVD
A
NE 3 Ave
NW 1 Ave
Ave
N MIAMI AVE
NE 5 St
MiamiCentral Station
PortMiami Tunnel
Biscayne Green
NE 1 Ave
NE 7 St
Miami International Airport (MIA)
Coming Soon (funded &/or under construction)
All Aboard Florida / MiamiCentral Station
All Aboard Florida is an express rail service that will connect Miami to Orlando with intermediate
stations in Fort Lauderdale and West Palm Beach. All Aboard Florida will also have a mixed-use,
multimodal hub station in Downtown Miami –MiamiCentral Station-- that will serve to connect
with existing public transit systems, facilitate improved access to cultural and entertainment
destinations, stimulate new retail, commercial and residential demand, and enhance the
attractiveness and accessibility of existing employment centers. www.allaboardflorida.com
SW 3 St
Flagler Street
BISCAYNE BLVD WAY
Metromover
Miami
Circle Park
AVE
t
AVE
KELL
SW 9 St
As an autonomous agency of the City,
the Miami DDA advocates, facilitates, plans and executes business development,
planning and capital improvements, and marketing and communication strategies.
15
SE 11
E
SW 12 St
Rd
South Miami Avenue Streetscape
The South Miami Avenue Streetscape project improves pedestrian connectivity along South Miami Avenue
in Brickell and the CBD, between SW 15 Road and Flagler Street. The project aims to create a safe, inviting,
activated and walkable street that serves as the “town center” for the Brickell community, while connecting
Brickell and Flagler Street shopping, dining and entertainment destinations. www.miamidda.com
SW 11 St
SW 13 St
SW
St
St
BRICK
ELL AV
SW 1 Ave
Brickell Park
The Miami Downtown Development Authority’s mission is to grow, strengthen and
promote the economic health and vitality of Downtown Miami.
SE 9
SW 10
S MIA
MI AV
E
Our Mission:
The Underline
The Flagler Streetscape Project, from Biscayne Boulevard to North Miami Avenue, will serve as a
critical catalyst for revitalizing and redeveloping Flagler Street and Downtown’s Central Business
District by bringing more people to the urban core and attracting more private investment.
Improvements include widened sidewalks, enhanced intersection crossings, installation of street
trees, and other pedestrian amenities. The project construction is set to begin in early-2015.
www.miamidda.com
BRIC
SE 1 A
ve
S
SW 8 St
St
SE 12
St
SE 12
TerAvenue
South Miami
Streetscape
SE 13
St
SW 14 St
* All representations are approximate and/or
conceptual, and subject to change.
St
Simpson Park
We commit to fulfill our mission collaboratively, ethically and professionally, consistent
with the Authority’s public purpose.
00
T
EN
NM
R
VE
GO
LL
KE
IC
R
B
L
IA
NC
A
N
FI
Important Note:
Information in this document is deemed accurate as of December 2014 and is subject to change without notice.
.5
Miles
CT
RI
ST
DI
H
NT
TE
/
ET
RE
T
S
E
AD
EN
M
O
PR
ET )
RE ed
ST y clos
TH aril
GH or
EI Temp
(
H
FT
FI
ET
RE
ST
Average Monthly
Metrorail Ridership
ER
NT
CE
N
W
TO
R
E
OV
METRORAIL
R.
D. , J
IE SON
K
IL U
W RG
FE
H
RT
NO
E
EG
LL
CO
LOOP
LOOP
OMNI
DOWNTOWN
THIRD STREET
/ downtownMia
0.25
Source: FDOT, MPA, Miami-Dade County GIS
METRORAIL
MIAMI AVENUE
R
TE
EN
C
HT
IG
KN
K
AL
RW
E
IV
R
T
RS
FI
ET
RE
ST
/
E
EG
LL IDE
O
C YS
BA
T
ON
FR
Y
BA
M
DO
EE
R
F
ER
W
TO
RK
PA
77,012
Eleventh Street
Bayfront Park
83,018
Fifth Street
41,103
Knight Center
Brickell
76,780
Financial District
29,082
College / Bayside
63,854
First Street
College North
27,205
Freedom Tower
Eighth Street
24,530
(Temporarily closed)
Source: Miami-Dade Transit Authority
Government Center
207,065
143,339
Government Center
296,328
47,031
Total system ridership for
downtown stations 486,698
T
ES
W
TH
EN
EV
L
E
ET
RE
ST
Tri-Rail is an existing commuter rail line connecting Miami-Dade, Broward and Palm Beach
counties. The Tri-Rail Coastal link is a planned extension of the system along the FEC railway
corridor that will connect the three county’s downtowns and urban neighborhoods, terminating at
Downtown Miami’s planned MiamiCentral Station. www.tri-railcoastallink.com
BayLink
Baylink (also known as the “Beach Corridor Transit Connection”) is a proposed light rail
transit service that will connect Downtown to Miami Beach along the MacArthur Causeway.
www.miamidadempo.org
Miami Streetcar
The Miami Streetcar is a proposed light rail transit service that will connect Downtown with the upand-coming neighborhoods to its north, including Wynwood, Edgewater, Midtown and the Design
District. www.miamigov.com
Biscayne Green
The proposed Biscayne Green project calls for the redesign of Biscayne Boulevard from SE 2nd
Street to I-395, including a “Grand Pedestrian Promenade” within the landscaped median, a
reduction of vehicular lanes, addition of on-street parking, widened sidewalks and a dedicated/
separated bike lane. www.miamidda.com
SC
HO
OL
BO
AR
D
The Underline
AD
RI
EN
NE
RK
PA
Average Monthly Metromover Ridership (total system ridership 829,160)
Adrienne Arsht Center
Brickell Station
Overtown
M
EU
US
M
RK
PA
8,947
In The Works (planned)
Tri-Rail Coastal Link
SE 14
Metrorail
200 S. Biscayne Boulevard, Suite 2929
Miami, FL 33131
T: 305.579.6675
F: 305.371.2423
www.miamidda.com
/ downtownMia
Flagler Street Streetscape
BRICKELL KEY
Brickell Park
MIAMI
SW 7 St
SE 5 St
SE 6 S
Riverwalk
20,392
21,992
SchoolBoard
20,171
Miami Avenue
21,171
Tenth Street
26,366
15,566
Museum Park
6,291
Third Street
8,962
14,665
Park West
9,616
Wilkie D. Ferguson, Jr.
25,372
AR
SH
T
CE
NT
ER
The Underline (formerly “GreenLink”) project will transform 10 miles of land underneath Metrorail
from the Miami River to Dadeland South into a world-class linear park and urban trail. The Underline
will be linked to multiple neighborhood parks, featuring various innovative park, landscape,
and public space design, educational programming, art installations, and other amenities.
www.theunderline.org
I-395 / Signature Bridge
The I-395 project is a complete reconstruction of the one and a half mile I-395 highway corridor
from I-95 to the MacArthur Causeway. The project will include an elevated roadway, to allow
greater light, clearance and connectivity under the highway; improved ramps; various safety
improvements; and most notably, an aesthetically appealing and iconic “signature bridge” where
I-395 crosses over Biscayne Boulevard. www.fdotmiamidade.com/i395designproject