1101 brickell?

kevinkagy · September 10th, 2005, 07:30 PM

Anyone know any information on 1101 Brickell? I was just visiting the Emporis.com website and they have listed a new building being proposed called "1101 Brickell". Anyone know anything on this??

nimbyhater · September 10th, 2005, 08:45 PM

i recently saw that on emporis 2... figured it was just something i missed... so many projects, i get em confused

dave8721 · September 12th, 2005, 03:14 PM

Its a 72-story 835-foot mixed use (office/residential/retail) tower to go up on the site of an existing 19-story office tower that was purchased back in May for $70 million. Plans were filed with the City of Miami. I dont know yet if they will tear down the existing office building or build on another portion of the parcel (it has an external parking garage that they could tear down and build on). Plans call for 450 condos and 297,000 sqft of office space and 26,500 sqft of retail space. The tower is to be designed by Miami Architect Kobi Karp.

ChuckScraperMiami#1 · September 12th, 2005, 05:05 PM

Kevin

, NIMBY

, and Dave

, just a little confused

about the which side of Brickell does this tower looks like its on Brickell, please east or west side, remember the J.W.Marriott is on the east side of Brickell at 1111 Brickell, so could this project be just north of the Hotel near the old Santo Espirito Plaza tower, could this be the site on the east side of Brickell ???, thanks Men for great updates !!!

dave8721 · September 12th, 2005, 05:55 PM

Yes, east side of Brickell, just to the north of the Marriott (unless they had the address wrong).

mileageman · September 12th, 2005, 06:55 PM

There is a rendering of 1101 Brickel at:

http://www.kobikarp.com

dave8721 · September 12th, 2005, 08:37 PM

Quote:

Originally Posted by mileageman

There is a rendering of 1101 Brickel at:

http://www.kobikarp.com

I like it. Finally a building that looks different at the 10th floor from the 70th floor. Too bad they changed the website so you cant link to the pics anymore to post them.

Rx727sfl2002 · September 13th, 2005, 02:20 AM

nimbyhater · September 13th, 2005, 02:57 AM

sweet... hope they dont tear down the 19 story building tho... put it next to it... ill have my cake and eat it 2

Toucano · September 13th, 2005, 03:16 AM

wow, this came out of left field...neat...

BHK25 · September 13th, 2005, 03:49 AM

AWESOME!!!!

mileageman · September 13th, 2005, 04:38 AM

From Feb. 05

Hank Sopher and Leviev & Boymelgreen's latest real estate prize: a much sought- after property along Miami's Brickell Avenue.

BY MATTHEW HAGGMAN

mhaggman@herald.com

Real estate investor Hank Sopher and development group Leviev & Boymelgreen have won the bidding for a highly prized 3.5-acre property on Brickell Avenue auctioned off by the Venezuelan government.

Price: at least $70 million.

''I am not at liberty to say the price, but you can safely say it is somewhere between $70 million and $80 million,'' Sopher said. The parties signed a contract for the property last week, he said.

The 1101 Brickell Ave. parcel, which includes an 11-story and 19-story office building -- and also houses the Venezuelan consulate -- drew tremendous interest from investors because it is a large lot on Brickell Avenue with views of Biscayne Bay.

Nearly 80 prospective buyers considered the parcel owned by the government-run Banco De Desarollo Economico y Social De Venezuela, or BANDES. On Feb. 2, some 18 bids were filed with the Venezuelan government, according to a source close to the deal.

In a nod to skyrocketing prices amid South Florida's red-hot real estate market, the Venezuelan government initially warned it would not sell the building for less than $37.8 million. That turned out to be an easy hurdle to leap.

''When I learned that this property was going to be made available,'' said real estate broker Edie Laquer, who represented the buyers, ``I reached out to Shaya [Boymelgreen] and Hank because this is the perfect scenario they are looking for.''

There's enough room on the property to construct a third building if the buyers choose, Laquer said. She added the development could include retail and residential components.

''We are beginning to evaluate whether we have to tear down one office building or leave them both up,'' Sopher said. ``The only thing we are convinced of is that the garage must come down.''

Boymelgreen could not be reached for comment.

The Venezuelan government bought the building in 1983 for $31.5 million, according to Miami-Dade County property records. It was represented in the sale by Eddy Dominguez of VR Business Brokers in Coral Gables.

Neither Dominguez nor officials at BANDES could be reached for comment.

The sale represents another bold move by Sopher and Leviev & Boymelgreen, who continue betting heavily that South Florida real estate values will continue their skyward ascent.

Leviev & Boymelgreen, a partnership between Brooklyn developer Shaya Boymelgreen and Tel Aviv-based conglomerate Africa-Israel, burst onto the scene in July when it announced it was buying $130 million in real estate and spending $1.5 billion to develop it. It is marketing its first high-rise on Biscayne Boulevard, Marquis.

Sopher made news several years ago when he started buying up unwanted land in downtown Miami that has since become hugely valuable. More recently, he lost his bid to buy the Miami Arena in the city's auction.

Sopher said the Brickell deal should close after May 1.

rider_of_rohan · September 13th, 2005, 04:45 AM

Ok, now that is different. I like it. You guys think that is a small office tower in front of it?

dave8721 · September 13th, 2005, 07:56 PM

Yes it looks like the existing tower will stay judging by the pic on the right.

Dale · September 13th, 2005, 08:13 PM

The podium must be massive.

kevinkagy · September 13th, 2005, 10:30 PM

wow, definetly an awesome building!
but do you guys think it'll be accepted since it's just a few metres shorter than the met3?

The Mad Hatter!! · September 14th, 2005, 11:55 PM

i'm i the only one that thinks that it looks like shit

ChuckScraperMiami#1 · September 15th, 2005, 01:31 AM

Quote:

Originally Posted by Dale

The podium must be massive.

DALE

, I see you hit 3,500...Congrats Bro,

Dale · September 15th, 2005, 01:39 AM

Quote:

Originally Posted by ChuckScraperMiami#1

DALE

, I see you hit 3,500...Congrats Bro,

The Mad Hatter!! · September 15th, 2005, 01:50 AM

i was close to passing you like about a month ago,not anymore i guess.....

September 13th, 2005, 02:20 AM	#8
Rx727sfl2002 BANNED Join Date: Apr 2004 Location: MIAMI Posts: 1,304 Likes (Received): 0	1101 Brickell

September 13th, 2005, 03:49 AM	#11
BHK25 Used to be BHK24!! Join Date: Jan 2005 Location: Miami-Atlanta-Lima Posts: 509 Likes (Received): 0	AWESOME!!!! __________________ WE WILL NEVER FORGET!!

September 14th, 2005, 11:55 PM	#17
The Mad Hatter!! P.E.C.K CREW Join Date: Oct 2004 Location: miami Posts: 3,061 Likes (Received): 0	i'm i the only one that thinks that it looks like shit __________________ "Architects are pretty much high-class whores. We can turn down projects the way they can turn down some clients, but we've both got to say yes to someone if we want to stay in business"Philip Johnson Boycott the La forum-Worse forum in SSC

September 15th, 2005, 01:50 AM	#20
The Mad Hatter!! P.E.C.K CREW Join Date: Oct 2004 Location: miami Posts: 3,061 Likes (Received): 0	i was close to passing you like about a month ago,not anymore i guess..... __________________ "Architects are pretty much high-class whores. We can turn down projects the way they can turn down some clients, but we've both got to say yes to someone if we want to stay in business"Philip Johnson Boycott the La forum-Worse forum in SSC

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September 10th, 2005, 07:30 PM	#1
kevinkagy Registered User Join Date: Sep 2005 Posts: 2,552 Likes (Received): 0	1101 brickell? Anyone know any information on 1101 Brickell? I was just visiting the Emporis.com website and they have listed a new building being proposed called "1101 Brickell". Anyone know anything on this??

September 10th, 2005, 08:45 PM	#2
nimbyhater Registered User Join Date: Oct 2004 Location: Miami Posts: 1,311 Likes (Received): 0	i recently saw that on emporis 2... figured it was just something i missed... so many projects, i get em confused

September 12th, 2005, 03:14 PM	#3
dave8721 Registered User Join Date: Aug 2004 Location: Miami and Boston Posts: 4,731 Likes (Received): 23	Its a 72-story 835-foot mixed use (office/residential/retail) tower to go up on the site of an existing 19-story office tower that was purchased back in May for $70 million. Plans were filed with the City of Miami. I dont know yet if they will tear down the existing office building or build on another portion of the parcel (it has an external parking garage that they could tear down and build on). Plans call for 450 condos and 297,000 sqft of office space and 26,500 sqft of retail space. The tower is to be designed by Miami Architect Kobi Karp.

September 12th, 2005, 05:05 PM	#4
ChuckScraperMiami#1 Registered User Join Date: Aug 2004 Location: MIAMI Posts: 3,261 Likes (Received): 0	Kevin , NIMBY , and Dave , just a little confused about the which side of Brickell does this tower looks like its on Brickell, please east or west side, remember the J.W.Marriott is on the east side of Brickell at 1111 Brickell, so could this project be just north of the Hotel near the old Santo Espirito Plaza tower, could this be the site on the east side of Brickell ???, thanks Men for great updates !!!

September 12th, 2005, 05:55 PM	#5
dave8721 Registered User Join Date: Aug 2004 Location: Miami and Boston Posts: 4,731 Likes (Received): 23	Yes, east side of Brickell, just to the north of the Marriott (unless they had the address wrong).

September 12th, 2005, 06:55 PM	#6
mileageman Registered User Join Date: Jul 2004 Posts: 897 Likes (Received): 0	There is a rendering of 1101 Brickel at: http://www.kobikarp.com

September 13th, 2005, 02:57 AM	#9
nimbyhater Registered User Join Date: Oct 2004 Location: Miami Posts: 1,311 Likes (Received): 0	sweet... hope they dont tear down the 19 story building tho... put it next to it... ill have my cake and eat it 2

September 13th, 2005, 03:16 AM	#10
Toucano Gator Moderator Join Date: Jul 2004 Location: Miami Posts: 929 Likes (Received): 0	wow, this came out of left field...neat...

September 13th, 2005, 04:38 AM	#12
mileageman Registered User Join Date: Jul 2004 Posts: 897 Likes (Received): 0	From Feb. 05 Hank Sopher and Leviev & Boymelgreen's latest real estate prize: a much sought- after property along Miami's Brickell Avenue. BY MATTHEW HAGGMAN mhaggman@herald.com Real estate investor Hank Sopher and development group Leviev & Boymelgreen have won the bidding for a highly prized 3.5-acre property on Brickell Avenue auctioned off by the Venezuelan government. Price: at least $70 million. ''I am not at liberty to say the price, but you can safely say it is somewhere between $70 million and $80 million,'' Sopher said. The parties signed a contract for the property last week, he said. The 1101 Brickell Ave. parcel, which includes an 11-story and 19-story office building -- and also houses the Venezuelan consulate -- drew tremendous interest from investors because it is a large lot on Brickell Avenue with views of Biscayne Bay. Nearly 80 prospective buyers considered the parcel owned by the government-run Banco De Desarollo Economico y Social De Venezuela, or BANDES. On Feb. 2, some 18 bids were filed with the Venezuelan government, according to a source close to the deal. In a nod to skyrocketing prices amid South Florida's red-hot real estate market, the Venezuelan government initially warned it would not sell the building for less than $37.8 million. That turned out to be an easy hurdle to leap. ''When I learned that this property was going to be made available,'' said real estate broker Edie Laquer, who represented the buyers, ``I reached out to Shaya [Boymelgreen] and Hank because this is the perfect scenario they are looking for.'' There's enough room on the property to construct a third building if the buyers choose, Laquer said. She added the development could include retail and residential components. ''We are beginning to evaluate whether we have to tear down one office building or leave them both up,'' Sopher said. ``The only thing we are convinced of is that the garage must come down.'' Boymelgreen could not be reached for comment. The Venezuelan government bought the building in 1983 for $31.5 million, according to Miami-Dade County property records. It was represented in the sale by Eddy Dominguez of VR Business Brokers in Coral Gables. Neither Dominguez nor officials at BANDES could be reached for comment. The sale represents another bold move by Sopher and Leviev & Boymelgreen, who continue betting heavily that South Florida real estate values will continue their skyward ascent. Leviev & Boymelgreen, a partnership between Brooklyn developer Shaya Boymelgreen and Tel Aviv-based conglomerate Africa-Israel, burst onto the scene in July when it announced it was buying $130 million in real estate and spending $1.5 billion to develop it. It is marketing its first high-rise on Biscayne Boulevard, Marquis. Sopher made news several years ago when he started buying up unwanted land in downtown Miami that has since become hugely valuable. More recently, he lost his bid to buy the Miami Arena in the city's auction. Sopher said the Brickell deal should close after May 1.

September 13th, 2005, 04:45 AM	#13
rider_of_rohan Savior of Gondor Join Date: Jan 2005 Location: Minnesota Posts: 1,513 Likes (Received): 0	Ok, now that is different. I like it. You guys think that is a small office tower in front of it?

September 13th, 2005, 07:56 PM	#14
dave8721 Registered User Join Date: Aug 2004 Location: Miami and Boston Posts: 4,731 Likes (Received): 23	Yes it looks like the existing tower will stay judging by the pic on the right.

September 13th, 2005, 08:13 PM	#15
Dale Registered User Join Date: Sep 2002 Location: Charlotte,NC Posts: 7,732 Likes (Received): 25	The podium must be massive.

September 13th, 2005, 10:30 PM	#16
kevinkagy Registered User Join Date: Sep 2005 Posts: 2,552 Likes (Received): 0	wow, definetly an awesome building! but do you guys think it'll be accepted since it's just a few metres shorter than the met3?