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Old February 14th, 2008, 08:06 PM   #1
IslandGardens
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MIAMI | Island Gardens - Watson Island | 163m | 44 fl | Pro




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The development stalled out amid the 2008 housing crash but has been recently stirring:

2008 Start Set for $600M Watson Island Development

Quote:
A joint venture of New York City-based ING Clarion LLC and locally based Flagstone Property Group plans to begin construction in summer 2008 on Island Gardens. The $600-million, mixed-use project is rising on Watson Island in Biscayne Bay. The project is slated for completion late 2010.

The project, located on 10.5 acres of previously undeveloped land, will feature a 44-story building with the 150-room Shangri-La Hotel and fractional ownership homes, called the Residences at Island Gardens, atop the hotel. This will be the only Private Residence club in The United States to combine fractional ownership of a luxury residence with fractional ownership of a luxury yacht. It will also feature a 29-story business hotel/resort and the 50-slip Super-Yacht Harbour; CHI, the Spa at Shangri-La; and 221,000 sf of retail and restaurant space. Watson Island is situated between Downtown Miami and South Beach and is accessible by automobile via MacArthur Causeway (Interstate 395, the extension of Interstate 95 to South Beach.)

Flagstone Property Group chairman and CEO Mehmet Bayraktar tells GlobeSt.com that marketing efforts for the fractional units have started with prices ranging from $205,000 to $765,000 for a one-eighth interest. Final discussions are under way with the operator of the hotel/resort in the 29-story tower.

Bayraktar adds that the retail space is not within the towers, but in separate structures alongside the retail avenue that runs between the two towers. Marketing efforts for the retail and dining space have recently commenced and several letters of intent have been received from restaurateurs and retailers. The positioning of the retail will be high-end luxury goods.

The project, located within minutes of Downtown Miami and Miami Beach, will feature unobstructed views of Biscayne Bay and the Miami skyline. “With its potential to transform the Miami skyline, we expect the complex to become one of the premiere leisure and hospitality addresses in the city,” says ING Clarion managing director Edward Rotter, in a released statement.

The Super Yacht Harbor will be the only marina in North America to be able to accommodate mega-yachts over 400 feet in length. A 1000-foot, set-back landscaped promenade will extend along the 1,000 foot length of the sea wall. The project is being designed by London-based Eric Kuhne & Associates with interiors by Italy-based Piero Lissoni.

http://www.bustler.net/index.php/art..._ready_to_soar
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Old February 14th, 2008, 08:41 PM   #2
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Sounds nice Like Miami want to go there on holiday Any renders ?
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Old February 14th, 2008, 08:48 PM   #3
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Old February 14th, 2008, 09:33 PM   #4
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Old February 14th, 2008, 09:36 PM   #5
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Photo

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Old February 18th, 2008, 10:15 PM   #6
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Whatever happened to the Japanese garden on Watson Island?
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Old February 21st, 2008, 08:53 PM   #7
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Japanese Garden?

When was it there? All the landscaping for the 10.5 acre site will be done in conjunction with Fairchild Botanical Gardens. We will also do the landscaping on the rest of the southern half of Watson Island.
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Old February 21st, 2008, 09:17 PM   #8
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how many residences are proposed for that area?
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Old February 28th, 2008, 06:07 AM   #9
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The Japanese Garden

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Originally Posted by IslandGardens View Post
When was it there? All the landscaping for the 10.5 acre site will be done in conjunction with Fairchild Botanical Gardens. We will also do the landscaping on the rest of the southern half of Watson Island.
Years and years ago. Last time I saw it was over a quarter century ago. But believe me, there was a Japanese Garden ... it was a gift from the government of Japan to the City of Miami.
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Old March 6th, 2008, 08:19 PM   #10
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The Private Residence Club will consist of 100 units being sold as 1/8th fully-deeded fractions. There's a mix of 1,2,3,4 bedroom units and 4 penthouses.
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Old August 18th, 2011, 05:26 PM   #11
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This project seems to be misplaced in this video.

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Old April 12th, 2013, 07:44 AM   #12
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~ Update:

Related Co. Confirms Interest In Possible Watson Island Thing



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Feb. 12 2013

The Related Companies has confirmed by email to Curbed Miami their interest in the Island Gardens project, although they say "We are undertaking a very comprehensive due diligence process and have numerous parameters that need to be met in order for the partnership to move forward" which basically means they're interested, but they're still thinking about it. Oh, and if they do it they'll be developing it in partnership with Miami's Related Group, and possible other investment partners.
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Old April 12th, 2013, 08:09 AM   #13
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A, very, striking development!
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Old June 21st, 2013, 12:39 AM   #14
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Both Relateds Are On Board At Island Gardens


http://exmiami.org/index.php/related...sland-gardens/



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The Related Companies of New York and the Related Group of Miami have joined the Flagstone Group's Island Gardens megaproject paaaaarty. Preliminary designs were shown to city commissioners by architecture firm Nichols Brosch Wurst Wolfe & Associates. The two Relateds have promised an expanded scope, adding more hotel rooms, double the retail, a 100,000 square foot convention center, and the full shimmer and swagger of a Related project (times two!) to the long-stalled Watson Island plan.
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Old June 21st, 2013, 02:45 AM   #15
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add a casino, if this destination casino bill passes next year.
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Old June 21st, 2013, 01:48 PM   #16
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redesign or just a different angle compared to the opening post?
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Old July 9th, 2013, 03:20 AM   #17
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Quote:
Originally Posted by Eric Offereins View Post
redesign or just a different angle compared to the opening post?
Redesign on the way:

The Relateds, Being The Relateds, Are Supersizing Their Island Gardens Megaproject



Quote:
300,000 more square feet of retail and 100 more hotel rooms with development rights transferred from downtown Miami. Plus what we can only presume will be an entirely new design, although it hasn't been released yet. Island Gardens, under the guise of both Relateds (Related Group and the Related Companies) has plans to get ever bigger. Yes, a downtown Miami resident has stuck it with a pesky lawsuit, but this is Related, times two, and they can deal with such things like nobody else.
New design? Can't wait!
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Old July 10th, 2013, 02:12 AM   #18
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Quote:
Originally Posted by desertpunk View Post
Nice.

We need a casino here, if they pass the destination casino bill here, look out.
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Old July 17th, 2013, 03:32 PM   #19
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Related’s Watson Island Project Could Impact Development In Downtown Miami

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Related Groups’ recently revealed proposal to build a 500,000 square foot retail center on Watson Island might be bad news for developers looking to build elsewhere in downtown Miami.

Under the terms of a 1987 deal with the state, development in downtown Miami is governed by a blanket ‘Development of Regional Impact’ approval, instead of requiring developers to submit costly and time-consuming applications for each new development.

Related Group’s Jorge Perez and The Related Companies’ Stephen Ross now say that they have been working for nearly a year on a deal that would transfer hundreds of thousands of square feet of retail from the downtown DRI to Watson Island. That would leave less than 200,000 square feet of retail space in the downtown DRI for other developers to use – although no one knows exactly how a new law passed last year will affect the terms of the DRI.
One more talking point for opponents...
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Old July 21st, 2013, 10:04 PM   #20
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