View Full Version : Whats the deal with MET?


nimbyhater
October 6th, 2004, 03:16 AM
Aight, I have been reading almost every update in the Florida forum since i first discovered this wonderful site a few weeks ago. But im massively confused. Whats the deal with MET? Is the third tower office or condos? The original design or shortened? I've heard so many conflicting stories. Is anyone really sure that's going on?

brickell
October 6th, 2004, 07:04 AM
Is anyone really sure that's going on?


nope.

ChuckScraperMiami#1
October 6th, 2004, 07:10 AM
Aight, I have been reading almost every update in the Florida forum since i first discovered this wonderful site a few weeks ago. But im massively confused. Whats the deal with MET? Is the third tower office or condos? The original design or shortened? I've heard so many conflicting stories. Is anyone really sure that's going on?
Nimbly :) , This is the Latest on the 900 Million Dollar Metropolitan Miami Project, sure it has changed alot, but according to the Miami Today Newspaper this September 23rd Edition Page 11 at the top where the title reads MIAMI as ' LITTLE APPLE ' IT TELLS ALL, MET 1 is Breaking Ground in LATE October with a 40-Story CONDO-residential with a commercial blend around the Lobby Area. IN FACT as of now, I watched them taking apart the SALES CENTER Trailers on the SITE of MET 1 and are moving them to the Site of MET 3 which has a Foundation temporary for Trailers ( Bricks ). MET 3 WILL BE A 53 - STORY CONDO Residential TOWER with higher ceilings and a Tall SPIRE-LIKE TOP RISING as High as the WACHOVIA FINANCIAL TOWER, MAYBE Higher. MET 2 WILL Finally be a 36 - STORY OFFICE TOWER directly accross the Street from the HYATT HOTEL - KNIGHT CONVENTION CENTER with A HUGE 14 - STORY Parking GARAGE and A Huge 4- Story WHOLE FOODS Natural-foods SUPERMARKET and A Cafe-Style Movie Theater in the Center of MET 1 and MET 2. THIS IS Going to be AWESOME !!! And according to the Sales Personnel, IT WILL ALL BE BUILT and COMPLETED in 5 YEARS, 2010 !!, WOW. :cheers:

SkyDiveJunkee
October 6th, 2004, 07:58 AM
Nimbly :) , This is the Latest on the 900 Million Dollar Metropolitan Miami Project, sure it has changed alot, but according to the Miami Today Newspaper this September 23rd Edition Page 11 at the top where the title reads MIAMI as ' LITTLE APPLE ' IT TELLS ALL, MET 1 is Breaking Ground in LATE October with a 40-Story CONDO-residential with a commercial blend around the Lobby Area. IN FACT as of now, I watched them taking apart the SALES CENTER Trailers on the SITE of MET 1 and are moving them to the Site of MET 3 which has a Foundation temporary for Trailers ( Bricks ). MET 3 WILL BE A 53 - STORY CONDO Residential TOWER with higher ceilings and a Tall SPIRE-LIKE TOP RISING as High as the WACHOVIA FINANCIAL TOWER, MAYBE Higher. MET 2 WILL Finally be a 36 - STORY OFFICE TOWER directly accross the Street from the HYATT HOTEL - KNIGHT CONVENTION CENTER with A HUGE 14 - STORY Parking GARAGE and A Huge 4- Story WHOLE FOODS Natural-foods SUPERMARKET and A Cafe-Style Movie Theater in the Center of MET 1 and MET 2. THIS IS Going to be AWESOME !!! And according to the Sales Personnel, IT WILL ALL BE BUILT and COMPLETED in 5 YEARS, 2010 !!, WOW. :cheers:

anything built in phases depends on market demand. If they demand suddenly stops, will it be built? Probably not.

streetscapeer
October 6th, 2004, 07:38 PM
anything built in phases depends on market demand. If they demand suddenly stops, will it be built? Probably not.

hopefully met 2 and and met square are built....as long as those are built(met 1 will df get built), I will be happy!


I'll save my excitement for Met 3 when it's a much more sure thing!

It is possible that this wave of construction will spark interest of downtown in the eyes of the genreal public and that demand, therefore, will be maintained after this initial spurt!

We'll see what happens, I guess!

Dale
October 6th, 2004, 10:21 PM
I think at least Met 2 is in the bag, seeing as how the developers have inked a deal with Whole Foods.

And while you'd have to expect to boom to slow at sometime, I see no reason why the bottom should fall out as far as the demand for urban highrise living.

streetscapeer
October 6th, 2004, 11:10 PM
I think at least Met 2 is in the bag, seeing as how the developers have inked a deal with Whole Foods.

And while you'd have to expect to boom to slow at sometime, I see no reason why the bottom should fall out as far as the demand for urban highrise living.

Oh...I thought the Whole Foods was associated with Met square.

So it's with Met 2? great...that makes the prospects of Met 2 less sketchy!!

nimbyhater
October 6th, 2004, 11:59 PM
Nimbly :) , This is the Latest on the 900 Million Dollar Metropolitan Miami Project, sure it has changed alot, but according to the Miami Today Newspaper this September 23rd Edition Page 11 at the top where the title reads MIAMI as ' LITTLE APPLE ' IT TELLS ALL, MET 1 is Breaking Ground in LATE October with a 40-Story CONDO-residential with a commercial blend around the Lobby Area. IN FACT as of now, I watched them taking apart the SALES CENTER Trailers on the SITE of MET 1 and are moving them to the Site of MET 3 which has a Foundation temporary for Trailers ( Bricks ). MET 3 WILL BE A 53 - STORY CONDO Residential TOWER with higher ceilings and a Tall SPIRE-LIKE TOP RISING as High as the WACHOVIA FINANCIAL TOWER, MAYBE Higher. MET 2 WILL Finally be a 36 - STORY OFFICE TOWER directly accross the Street from the HYATT HOTEL - KNIGHT CONVENTION CENTER with A HUGE 14 - STORY Parking GARAGE and A Huge 4- Story WHOLE FOODS Natural-foods SUPERMARKET and A Cafe-Style Movie Theater in the Center of MET 1 and MET 2. THIS IS Going to be AWESOME !!! And according to the Sales Personnel, IT WILL ALL BE BUILT and COMPLETED in 5 YEARS, 2010 !!, WOW. :cheers:


is the 14 story parking garage included in the 36 stories? its not seperate from the building is it, like on wachovia, cause even though they did do it nicely, thats just horrible... also, is the 4 story whole foods place included in the 36 too?

and the whole foods is not part of met square, thats great, when i first heard i thought it was part of it, and i was scared that a whole cocowalk type place would be taken up by a supermarket, which would have sukd, thats great, to have that kind of service downtown, shows you how much development they expect, to build 4 stories of supermarket in an area with under 1000 residents right now...

Dale
October 7th, 2004, 01:28 AM
I think the garage is part of the tower. What I don't know is whether the building has 36st *in addition to the garage*, or whether 36st inclusive of garage.

But I have seen a pic and it looks to be a 600 footer.

nimbyhater
October 7th, 2004, 02:48 AM
does any1 have new renderings?

MIAballinboi
October 9th, 2004, 12:51 AM
check this site
www.metropolitanmiami.com

its the official site and maybe the best we can go on for now

nimbyhater
October 9th, 2004, 06:28 AM
that site still has the old renderings as of 2day (10/8)

ud think that if theyre puttin the new renderings out in advertisements, theyd fix it on the website, but that would make sense y would they do that? lol

ChuckScraperMiami#1
October 9th, 2004, 06:41 AM
that site still has the old renderings as of 2day (10/9)

ud think that if theyre puttin the new renderings out in advertisements, theyd fix it on the website, but that would make sense y would they do that? lol
BUT NIMBY, :) That is the RENDERINGS, THATS IT, I talked to the SALES PEOPLE TODAY ( FRIDAT, 10-8-04 ), THATS THE WAY ALL MET Buikdings ARE GOING TO BE BUILT< Just LIKE the WAY the Picture Shows you, THATS IT !!! :cheers:

nimbyhater
October 9th, 2004, 06:47 AM
but thats what it was a long time ago (im pretty sure, lol), and hadnt they changed it, there was this massive uproar about it

r u sure? i thought met 2 was supposed to b a triangular office building now, in these renderings it still luks like condos, and wasnt met 3 shortened

not sayin im 100 percent sure, but i think these r wrong, unless they went bak down on the changes

ChuckScraperMiami#1
October 9th, 2004, 07:03 AM
but thats what it was a long time ago (im pretty sure, lol), and hadnt they changed it, there was this massive uproar about it

r u sure? i thought met 2 was supposed to b a triangular office building now, in these renderings it still luks like condos, and wasnt met 3 shortened

not sayin im 100 percent sure, but i think these r wrong, unless they went bak down on the changes
Yes Nimby, :) MET 3 was Shorten, It was suppose to be a 72 Story Condo well over 800 FEET, but now it will be a 53 - Story Condo, and the MET 2 will be a 35 - Story Office building , but built the same way as shown in the picture, But Offices instead of the original Condos, its been changed so much , Back and forth over the year due to the changing Market of Downtown Miami and the Latin Americas deciding on the Capital of the Americas bing in MIAMI in the Furure, made them believe that office Occupancy will be high when that decision is made. :cheers:

nimbyhater
October 10th, 2004, 06:20 AM
therefore the renderings on the website r wrong...

MIAballinboi
November 2nd, 2004, 10:11 PM
heres an update to bring this thread back up

Downtown office-tower plan is latest victim of condo fever

A developer rethinks plans to put up a downtown office tower but prepares to build what would be one of Miami's tallest condominiums.

BY MATTHEW HAGGMAN

mhaggman@herald.com


The first downtown Miami office tower envisioned in over a decade has been put on hold, but the developer now plans to build a 72-story condo tower slated to rise 750 feet into the sky.

If constructed, it would be the third-tallest skyscraper in the city.

The twin moves by the MDM Development Group are another sign that developers remain aggressively optimistic about the condominium market but skittish on the prospects of office-tower construction downtown.

The trend is leading some observers to worry that condos are taking up too many of downtown's prime locations.

''If you do not have a downtown business district, you no longer have a downtown,'' said real estate analyst Michael Cannon of Integra Realty Resources.

The office and condo had been slated to rise side by side, but MDM decided to add over 20 stories to the residential building. MDM said Monday that it was reevaluating its proposed 500,000-square-foot central business district office building, Metropolitan Financial Center. If built, the tower would be downtown's first new Class A office building in over 10 years.

This would be the second proposed office building downtown to be shelved this year in favor of a condo project. In July, Atlantabased Cousins Properties jettisoned plans for an office tower at Flagler Street and Biscayne Boulevard. Instead, it partnered with Jorge Perez's Related Group of Florida to build a 54-story condo.

Tim Weller, Miami-based MDM's vice president of development, said its decision was based on ``rising construction costs, overall economics, the strength of the office market right now.''

He declined to elaborate.

MDM sought to sign the law firm of Steel Hector & Davis, the accounting firm of Morrison Brown Argiz & Farra and the insurance and consulting giant Aon Corp. as tenants for the proposed office tower, but negotiations with Aon collapsed three weeks ago, according to a person familiar with the deal.

Antonio L. Argiz, managing partner at Morrison Brown, said he was told a week and a half ago that the project had stalled.

MDM, led by Ricardo Glas and Luis Palenta, developed the J.W. Marriott Hotel and the Mellon office building on Brickell Avenue.

STUBBORN MARKET

MDM, meanwhile, is convinced that the condo market remains stubbornly strong despite the unprecedented number of condo towers slated to be built, Weller said.

That assessment has prompted the developer to up its plans for a 51- or 52-story condo to a 72-story tower with 650 units.

The Four Seasons Hotel & Tower, which has condos, a hotel, retail and office space, is 789 feet high. The Wachovia Financial Center stands 764 feet tall. MDM's building would rise 750 feet.

MDM plans to break ground on the project in May, Weller said.

The condo tower and the stalled office building are envisioned for a square block bordered by Southeast Second and Third streets and Southeast Second and Third avenues. The parcel sits between the Wachovia Financial Center and the Bank of America Tower at International Place.

MDM's two towers were planned to sit atop a 12-story parking garage slated to have a Whole Foods grocery store on its ground floor. The development is part of MDM's overall project, which will occupy three downtown blocks.

On one, it plans to build a 40-story condo with 447 units and a retail and entertainment complex, including a movie theater. Weller said that condo development was 85 percent sold.

Ground breaking on the condo, to be called Met One, had been scheduled for September but is now slated for December. MDM hopes to have the condo and retail location, dubbed Met Square, completed by March 2007, Weller said.

MDM plans to build a residential tower on the third block, across from the Hyatt Hotel, he added, but there are no specific plans.

Developers are shying away from office development, experts say, because condo demand is so strong and provides a quicker return on profits.

NOT JUSTIFIED

In addition, current office-rental rates do not justify the expense of building a Class A office tower. The 20 to 30 percent price hike for materials in the past six months has made office construction even tougher.

Peter Harrison, a veteran real estate broker with Transwestern Commercial Services, said Class A construction requires rents in excess of $35 per square foot. Current rates, he noted, are mired between $32 and $35 per.

''You can't justify building a Class A building at those rents,'' said Harrison, who has represented MDM. ``The office market has been flat for several years. In the early 1980s, rents were as high as $36 a square foot.''

But not everyone is convinced that current market conditions rule out office development.

Said Cannon: ``I believe that if the professional office developer did his homework, he would be pleasantly surprised.''
http://www.miami.com/mld/miamiherald/business/10073264.htm?1c

nimbyhater
November 3rd, 2004, 01:45 AM
great news

ChuckScraperMiami#1
November 7th, 2004, 10:14 PM
GOOD NEWS MIAballinboi :) , We need to Watch THIS TOWER, get more INFO if you can, As anyone Who Visited or Left MIAMI would SAY, " GOING BACK TO MIAMI, Going back to my GIRL" , lol. :cheers:

ChuckScraperMiami#1
November 11th, 2004, 09:24 PM
MIAballinboi :) , I need More INFO on this Project you brought up, Is this a Reality, Because I'm getting different news on this that your Talking about, JUST Curious. :cheers:

MIAballinboi
November 11th, 2004, 11:54 PM
LOOL its not me CHUCK, its the miami herald talk 2 them lol,

i bet itll be the changed design remember how it was but instead of having the residentail and office 500 footers they have this 750 footer, and met3 is probably not the tall sleek almost 800 footer, it might be the changed met3 the one that was shorter, but met 1 is staying the same lol

ChuckScraperMiami#1
November 13th, 2004, 05:42 AM
MIAballinboi :) and EVERYONE :) !!!, UPDATE News, I went by the MET Sales Trailer Today, and spoke to the Woman IN CHARGE, lol.
You Won't believe What I found OUT ! MET 3 Is the ONE that will GO UP Before MET 2, IN FACT, MET 3 BREAKS GROUND in JUNE, 2005, SALES for MET 3 Start Next MONTH, December, And I found OUT the OLD Original PLANS Stay the Same. Which MEANS , according to the Woman in Charge, MET 3 WILL be 72 STORIES CONDOS, AT OVER 800 FEET.
LADIES :) AND GENTLEMEN :) , WE HAVE OUR FIRST and NEW TALLEST Building in MIAMI !!! :cheers:
MET 3 IS Definitly OVER 800, IN FACT :) , according to the Lady, TALLER Than the FOUR SEASONS TOWER, and will be at closely 812 FEET TOTAL, And SHE Says the Developer Got the PERMITS To START. The Land is Clearing, But there's Men on the MET 3 Site looking for ARTIFACTS of Indian REMAINS. Their Shifting the DIRT on the Site.
THE MET 2 TOWER will also be a Complete CONDO TOWER, and there will BE NO Office Sites Available.
GUESS WHAT I found out too, MET 3 WILL go up ,because the WHOLE Bottom FLOOR will be Occupied BY THE WHOLE FOODS MARKET, This MARKET will NOT be PART of MET 1 and The 4 Story Movie Theater -Entertainment CENTER next to MET 1.
THE MODEL we are always looking at , IS REAL, and She says Nothing HAS Changed the MODEL :) .
I invited Her to Join Us on the Forum, She said she WILL, and Maybe Register as MissMiami1, I gave her our Website and she wants to Watch Miami Grow With Us, lol. :cheers:

Rx727sfl2002
November 13th, 2004, 06:26 AM
20 Ft in height Ground floor x01 floor = 020feet
08 Ft in height Parking floor x12 floors = 096feet
12 Ft in height Residential floor x60 floors = 720feet

total height estimate= 836 feet total without final spire or design

ChuckScraperMiami#1
November 13th, 2004, 06:35 AM
20 Ft in height Ground floor x01 floor = 020feet
08 Ft in height Parking floor x12 floors = 096feet
12 Ft in height Residential floor x60 floors = 720feet

total height estimate= 836 feet total without final spire or design
RX :) , NOW your Talking, VERY CLOSE, and that's MET 3, and WILL be Completed the END of 2008, Before MET 2.They have the Permits to MET 3 and the Sales Begin Next Month, Dec.,2004 :cheers:

MIAballinboi
November 13th, 2004, 07:31 AM
what about that met2 talk in the herald of 750 feet they gotta have some sources of that info,

lets hope its true met2 at 750 met3 at around 850 lool great week in mia!!

nimbyhater
November 13th, 2004, 09:28 AM
good that this prime land is being put to good use, not that crappy 40 story projects planned b4

BHK24
November 13th, 2004, 03:07 PM
Wow Great News, So We Have Met 3 As Our New Tallest, Great News.

the_1_and_only_cuban
November 13th, 2004, 06:59 PM
Awesome news guys!! Miami will soon have a new tallest!! But has always with the Met Project theres still more mysteries. Will Met 2 really go up 70-sumthin stories?? If the lady says that those renderings are the right ones and never changed then I guess it makes sense that those renderings are the ones still on the website. So what was the herald smoking when they were talking about a 70 story met 2??

Man, this is awesome..

The Mad Hatter!!
November 13th, 2004, 07:09 PM
met 2 is already going to be 72 stories the only thing i dislike about met 3 is that its going to block either boa or wachovia

ChuckScraperMiami#1
November 13th, 2004, 07:14 PM
what about that met2 talk in the herald of 750 feet they gotta have some sources of that info,

lets hope its true met2 at 750 met3 at around 850 lool great week in mia!!
COME ON NOW :) , you mean to tell Me the HERALD NEVER Makes a Mistake, Give Me a BREAK !!!, THE SCALE is REAL , IT STAYS, , THE TALLEST ONE in the Original PHOTO is GOING FIRST. And THAT's IT, END OF STORY !!! :cheers:

ChuckScraperMiami#1
November 17th, 2004, 05:37 AM
Whatever Happens :) , The Tallest MET Tower Will RISE to BE Florida's TALLEST in LATE, 2008. There's No Doubt about it, Its going to be Over 800 FEET. :cheers:

jzquince69
November 17th, 2004, 06:11 PM
What's up guys. Me llamo Jimmy, I just registered, but I've been monitering you guys since last january. this is a great forum. In case you guys are wondering, I have personally been emailing Paul Cuccuza at Emporis with updates about new construction in South Fla. and Orlando. In fact, the latest changes he made would have been done sooner, but their server was down.

I'm originally from the windy city, but i am now a true southerner and gator, and am proud of this state. It is my goal that all this info get transfered to emporis as it becomes available; I've got a link to every major city in the world with tall buildings and I gotta tell you, Miami and South Fla. is near the top in new construction. It's an exciting phenomenon.

Chuck, you're a dedicated genius. I respect your dedication to facts (building heights). I'll see you guys in the rest of the threads.

streetscapeer
November 17th, 2004, 10:32 PM
A gracious welcome to Jimmy!! :)

renner01
November 18th, 2004, 12:03 AM
get that paul cuccuza guy to get out in the field and start taking progress pics of the projects! There are hardly no photos nor renderings.

The Mad Hatter!!
November 18th, 2004, 12:09 AM
i hope paul isn't getting paid because his terrible,chuck does that job better than him and he doesn't even work for emporis.chuck knows all the info months before paul.PAUL YOU'RE FIRED J/P

nimbyhater
November 18th, 2004, 02:50 AM
is paul the guy just in charge of miami or a region or the whole site?

ChuckScraperMiami#1
November 18th, 2004, 05:28 AM
Uptown-Midtown :) , Your GREAT, Thanks, We need INFO on here to be Accurate, and Understanding , and TRUE FACTS, I do try, But Sometimes I am Wrong , too, JUST CORRECT me if I'm Wrong, I can take A HIT :bash: , lol. :cheers:

JR79
November 19th, 2004, 02:25 AM
Hey JZ, maybe you should just e-mail Paul and send him a link to this website and ask him to do a llittle reading here on the threads. Thanks to people like Chuck, there's always some good info here. By the way, is Paul actually paid by emporis, or is he just like some kind of a volunteer contributer to that site? If he is, then maybe one of us should volunteer and help him out. I think he desperately needs some help. That emporis site is never up to date like we are here.

ChuckScraperMiami#1
November 23rd, 2004, 03:30 AM
THANKS JR :) , I'm Just getting the FACTS Right From the MET SALES CENTER on SITE :) , I mean , they, the Sales Representatives Have GOT TO KNOW what They are BUILDING, and MET Whatever the Number Is , IS GOING TO BE OVER 800 FEET and THAT FINE with ME as the TALLEST TOWER in Florida in LATE 2008 :) , I SAY A Opening with FIREWORKS on NEW YEARS EVE in DOWNTOWN MIAMI :) , Welcoming 2009 !!! :cheers:

Dale
November 23rd, 2004, 04:31 AM
And I'm telling you it's going to be the world's tallest Nathan's !

85 stories...in the shape of a weiner ! :bash:

SkyDiveJunkee
November 23rd, 2004, 04:38 AM
THANKS JR :) , I'm Just getting the FACTS Right From the MET SALES CENTER on SITE :) , I mean , they, the Sales Representatives Have GOT TO KNOW what They are BUILDING, and MET Whatever the Number Is , IS GOING TO BE OVER 800 FEET and THAT FINE with ME as the TALLEST TOWER in Florida in LATE 2008 :) , I SAY A Opening with FIREWORKS on NEW YEARS EVE in DOWNTOWN MIAMI :) , Welcoming 2009 !!! :cheers:

never trust sales people, they always give you the best case scenerio. Trust the market.

BHK24
November 24th, 2004, 02:27 AM
never trust sales people, they always give you the best case scenerio. Trust the market.


Whatever the case is. I just hope it reaches 1000 :cheers: :dance:

BHK24
November 24th, 2004, 02:29 AM
1000 ft that is.

ChuckScraperMiami#1
November 27th, 2004, 02:23 AM
TRUE BHK, But in 2022, IT will finally be Built, THE 1,000 FOOTER, that is,lol.

BHK24
November 27th, 2004, 06:29 AM
TRUE BHK, But in 2022, IT will finally be Built, THE 1,000 FOOTER, that is,lol.

I'm soo confident It will get built wayyyyy before 2022. :cheers:

nimbyhater
November 27th, 2004, 06:40 PM
well def get it b4 2022, im guess around 2015 sometime

Rx727sfl2002
November 27th, 2004, 07:15 PM
i say 2008-2009 and then will get a big one

ChuckScraperMiami#1
November 27th, 2004, 07:25 PM
i say 2008-2009 and then will get a big one
TRUE RX :) , We'll GET a " BIG ONE ", BUT in 2010 IT will Only be 850 FEET :cheers: , I'm Sorry RX :) to say that, BUT ITS TRUE !!!, I really WISH it could be HIGHER, But 850 IS ALL I can SEE in MY DREAM :sleepy: of DOWNTOWN MIAMI , January 1st, 2010 !!! :cheers:

Rx727sfl2002
November 27th, 2004, 07:32 PM
i predict it will be africa isreali group at 950 with a spire 1050 total

nimbyhater
November 27th, 2004, 07:47 PM
we cant really hope for anything serious until we get another office boom, these condos r nice, but they just dont cut it

MIAballinboi
November 27th, 2004, 08:15 PM
nimbys right its up to the office,

good predicition rx that africa israeli group bought up half of downtown so they would want a very significant tower,

nimbyhater
November 28th, 2004, 12:15 AM
great this r gonna come outta that africa israeli group, were gonna benefit a whole lot from them