Unveiling the Santander Tower – A Beacon of Innovation on Brickell Avenue
Excitement is buzzing in Miami’s vibrant Brickell neighborhood as plans for the new Santander Tower unfold. With the latest updates surfacing, it’s time to delve into what’s in store for this striking addition to the city’s skyline.
According to reports, the fate of the Santander Tower is still pending, with a final decision yet to be reached. In a significant development, Santander Bank has already taken steps to solidify its presence in Miami’s bustling landscape. The bank secured a lease agreement with Miami Worldcenter for a prime retail space spanning over 4,000 square feet. This strategic move underscores Santander’s commitment to establishing a strong foothold in one of Miami’s premier destinations.
The lease, inked on January 31st, not only marks Santander’s proactive approach but also grants the bank exclusive rights within the retail banking domain at Worldcenter—a testament to the institution’s foresight and strategic planning.
Last week, the Urban Development Review Board delivered a unanimous vote in favor of recommending the new tower’s approval. However, this endorsement comes with a twist—the board proposed the incorporation of shade trees instead of the conventional palm trees at the northwest corner of the property, reflecting a nod towards sustainability and environmental consciousness.
With the demolition permit for the existing 14-story office building nearing approval, the stage is set for the grand entrance of the Santander Tower. Standing tall at 40 stories, with an impressive height of 765 feet above ground and 778 feet above sea level, this architectural marvel promises to redefine Miami’s skyline.
The tower’s ambitious design encompasses 612,918 square feet of top-tier office space, along with 107,953 square feet dedicated to food and beverage outlets—a nod to Brickell’s reputation as a culinary hotspot. Additionally, the inclusion of a multi-level urban club adds an enticing dimension to the tower’s offerings, catering to the diverse needs of Miami’s cosmopolitan populace.
Parking, often a concern in urban landscapes, is addressed with finesse as the tower boasts 1,496 parking spaces—a thoughtful touch that enhances convenience for tenants and visitors alike.
Environmental sustainability takes center stage with the Santander Tower slated to achieve LEED platinum certification—a testament to its eco-conscious design and commitment to minimizing its carbon footprint.
Behind this architectural masterpiece lies the vision of Handel Architects of New York—a firm renowned for its innovative designs and transformative urban projects. With their expertise at the helm, the Santander Tower is poised to set new benchmarks in architectural excellence and urban living.
The Pinnacle of Miami’s Skyline: A New Luxury Office Tower by One Thousand Group
In a move that underscores the ever-evolving skyline of Miami, the One Thousand Group, spearheaded by industry stalwarts Louis Birdman, Michael Konig, and Kevin Venger, has unveiled plans for a state-of-the-art office tower. This ambitious project, set to rise adjacent to the iconic Miami Design District and offer panoramic views of Biscayne Bay, is a testament to the city’s burgeoning status as a global business hub.
The proposed edifice, a 47-story marvel stretching 635 feet into the Miami sky, is the brainchild of KPF Kohn Pederson Fox, a New York-based architectural giant renowned for its global footprint in designing iconic office towers. Their illustrious portfolio boasts landmarks such as One Vanderbilt, the Hudson Yards trilogy in New York City, 52 Lime Street in London, and 18 Robinson in Singapore, to name a few.
The project, tentatively titled “Tower 36,” is set to be a beacon of modern architecture and design. Encompassing a sprawling 1.6-acre plot at the nexus of Biscayne Boulevard and 36th Street, the plans detail over 29,000 square feet of commercial space housed within the building’s podium. Additionally, the tower will feature over 312,000 square feet of premium office space, complemented by a parking facility accommodating 671 vehicles. In total, Tower 36 promises over 610,000 square feet of cutting-edge infrastructure, all while adhering to the Miami 21 Zoning Code.
The One Thousand Group’s vision is clear. As they elucidate, the ongoing migration of corporate giants like Citadel and Microsoft to Florida underscores Miami’s emerging prominence. The intersection of Biscayne and 36th Street is not just a geographical landmark; it symbolizes the confluence of the vibrant Design District and the waterfront splendor of Edgewater. As businesses recalibrate post-pandemic, the demand for world-class office spaces in strategic locations is paramount. The One Thousand Group’s blueprint seeks to amalgamate luxury, top-tier amenities, unparalleled security, and a holistic work environment, reminiscent of their ultra-luxury residential ventures.
$1 Billion Highland Park Miami Project Unveiled
Due to Miami’s exceptional growth, which has surpassed that of other major international cities, there is now a greater need and demand for economic drivers, such as healthcare, in order to support the city’s expanding infrastructure.
The Allen Morris Company, one of the largest diversified real estate firms in the southeast, and Black Salmon, a national commercial real estate investment firm based in Miami, have teamed up to develop Highland Park Miami, further solidifying the metropolitan area’s position as the second largest health district in the United States. The 7-acre, $1 billion mixed-use development will add around 10% to the Miami Medical District’s footprint.
Preliminary site clearing for the eagerly awaited Highland Park Miami project will start later this year. The creative team behind the multi-phased development has spent the last ten years conceptualizing and planning Highland Park Miami. They have traveled to important medical centers in the US, such as Houston and Rochester’s renowned Mayo Clinic Health District, to gain a deeper understanding of the needs for such a significant and vast project.
The development of Highland Park Miami will be at the nexus of business and health. The multi-block, mixed-use complex will comprise hotels, residential buildings, supporting retail, food and beverage uses, and green space, and will house medical and related office uses in an urban setting. The internationally acclaimed architecture firm Arquitectonica is responsible for the project’s master planning and design.
Naturalficial, a Miami-based landscape architecture and design firm, has transformed Highland Park Miami, from an unused area into a walkable, gorgeously planted lifestyle community that promotes health and wellness. In order to stress connectedness as a crucial component of the design, it will have 1,000 residential units created by Oppenheim Architecture, a 150-room hotel, and 500,000 square feet of medical office space weaving through open pathways and vegetation.
At 800 NW 14th Street, Highland Park Miami will be situated between the bustling Miami River and Florida State Road 836, a significant east-west transit route that connects to the airport and practically all of the city’s top attractions. Being a transit-oriented development (TOD) and being only 400 feet from a Metrorail station, it will also draw a significant amount of density.
Alta Developers Plan to Build 96 Unit Development in North Miami
In North Miami, Alta Developers plans to replace an outdated waterfront apartment complex with a 96-unit condo development.
According to an Alta application to Miami-Dade County, the Miami-based development company, directed by Raimundo Onetto, wants to construct an 18-story structure on the 0.8-acre plot where the demolished Mid Bay Club Apartments once stood at 11950 North Bayshore Drive. Records show that in April, Alta asked the county to permit a reduction of the necessary setback from the shoreline to 25 feet.
Buildings with curved balconies and floor-to-glass windows are seen in renderings. A rough estimate of 96 condos has been given for the project, which was designed by Revuelta Architecture International.
According to records, Alta spent $14 million purchasing the Mid Bay Club Apartments and an empty 0.2-acre land across the street last year.
The application for the North Miami project comes as Alta is planning a number of additional projects.
Alta plans to erect an 18-story, 223-unit apartment complex next to Dadeland Mall at 9600 South Dixie Highway. It would be the second 18-story multifamily building constructed by Alta there. It is anticipated that the first 296-unit tower will shortly acquire its certificate of occupancy.
In recent years, North Miami has attracted the attention of investors and developers. The enormous SoLé Mia at 15055 Biscayne Boulevard is being built by Turnberry Development and LeFrak, under the direction of Jackie Soffer. When finished, it will feature 4,000 residential apartments. A joint venture between Turnberry and developer Carlos Rosso is planning a 32-story, 303-unit condo structure in addition to three apartment towers.
Developer Unveils New Renderings for St. Regis Residences Sunny Isles Beach
New renderings have officially been revealed for the highly awaited St. Regis Residences Sunny Isles Beach located at 18801 Collins Avenue in Sunny Isles Beach. The renderings give us more insight into the luxurious views as well as the amenities that St. Regis has to offer but don’t take our word for it, look for yourself.
This beachfront ultra-luxury residential complex will consist of two 62-story towers that will add to the already growing Miami skyline. St. Regis Residences Sunny Isles Beach will be designed by Arquitectonica with interiors by So Paulo-based Anastassiadis and landscaping by EDSA. The site itself will feature 435 feet of beachfront property with panoramic views of both the Intracoastal Waterway and the Atlantic Ocean.
The two towers will be referred to as the north and south towers. Sales will be launched on the South tower first with options of 194 residences that range from 2 to 4-bedroom floor plans including a selection of penthouses. The North tower is planned to feature 180 residences but sales will launch at a later date.
The residences themselves are exactly what you would think of when you hear the name St. Regis, and that’s luxury.
Residence Features:
Spacious floor plans boasting unobstructed ocean, city, and Intracoastal views
Ceiling heights clearing 10ft in regular units and 12ft in penthouses
Fully finished with flooring and closets
Private elevator and entry foyer in all residences
Service elevators
Italian-designed kitchens with Quartz countertops
Miele appliances including a wine cooler
Walk-in closets in all primary bedrooms
Laundry rooms with full-size washers and dryers
Smart home technology ready
Service quarters in select residences
Full-floor residences with spacious floor plans
East and West terraces with pool on the east
Spacious terraces with luxurious private pool and jacuzzi
Summer Kitchen
Custom-designed Italian cabinetry
Graciously appointed primary suits and separate service quarters with separate entrance
Stunning, 360-degree views of the Atlantic Ocean and Intracoastal Waterway
Indoor BBQ
Indoor/Outdoor living space
Spread throughout the 2 towers will feature 70,000 square feet of amenities.
Managed by the St Regis Hotel Company, without hotel premises.
Grand entry driveway and 2-story porte-cochere
Impressive two-story lobby
10 Guest Suites per Tower
Concierge Services
Pet-friendly and much more
Private beach facilities
Oceanfront and sunset pools
A signature restaurant
Wellness center
Spa
Athletic club
The construction plans show 1,000 parking spots available for residents and the starting price for units begins at $3.5 million. The project is expected to begin in 2023 and be delivered in 2026.
If you or someone you know have an interest in purchasing at St. Regis Residences Sunny Isles Beach, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at (786)247-6332.
Hedge Fund Manager Ken Griffin is Moving Citadel Securities from Chicago to Miami
Another large corporation recently declared it would relocate its headquarters to Miami. Hedge fund manager and billionaire Ken Griffin said in a letter to his staff on Thursday that Citadel, his investment firm, will be moving to Miami after more than 30 years in Chicago.
“I am excited to share with you that Citadel is moving its global headquarters to Miami. Miami is a vibrant, growing metropolis that embodies the American Dream. I am excited to have recently moved to Miami with my family and look forward to rapidly expanding Citadel in a city so rich in diversity and abounding with energy,” states Griffin’s letter to his staff.
Griffin acknowledged previous assistance from influential business and political figures and referred to Chicago as Citadel’s “amazing home” in the memo. However, he has claimed in other places that an increase in crime has made it more difficult for Citadel to recruit top talent, leading the company to increase its headcounts in other locations while decreasing it in Chicago.
Griffin stated in April, “If people aren’t safe here, they’re not going to live here. I’ve had multiple colleagues mugged at gunpoint. I’ve had a colleague stabbed on the way to work. Countless issues of burglary. I mean, that’s a really difficult backdrop with which to draw talent to your city from.”
The new office building will be built “on Brickell Bay” and will be designed in collaboration with Chicago developer Sterling Bay. 1201 Brickell Bay Drive is one potential location. The site, the sole unoccupied property on the bay in Brickell, just sold for a record-breaking $363 million to an anonymous LLC with a Chicago address.
Griffin, the wealthiest person in the state, is also the most prominent philanthropist in Chicago, according to a Forbes estimate of his net worth at more than $25 billion.
He has given about $500 million to regional organizations and intends to contribute even more, but he is also well known for his large political contributions, including $50 million to Richard Irvin, a Republican candidate for governor.
The transfer of Citadel is anticipated to take several years. More than a thousand people work for the firms in Chicago, and while some are anticipated to stay, it is unclear how many.
