Just as the condo market begins to soften, construction in and around Miami’s urban core is continuing at a pace not seen since the crash of 2008 and the Great Recession ground everything to halt, with lots of buildings well underway or just breaking ground. Photographer Phillip Pessar surveys the damage.
Just as the condo market begins to soften, construction in and around Miami’s urban core is continuing at a pace not seen since the crash of 2008 and the Great Recession ground everything to halt, with lots of buildings well underway or just breaking ground. Photographer Phillip Pessar surveyed the damage. In Downtown’s urban core, buildings like Centro and the rental tower Monarc at Met 3 are approaching completion (although Met 3’s ground floor Whole Foods opened about a year ago), while neighboring Met Square, known for its incorporation of archeological remains into lobby-level exhibition spaces, and the controversy that led to that compromise, is just getting started. A few blocks to the west, the future MiamiCentral train station just completed its largest concrete pour and is commencing vertical construction.
In Brickell, the megaproject Brickell City Centre is approaching completion, with one of its office towers already open and its outdoor mall preparing for completion as well. The Related Group’s multiple Brickell construction sites, including SLS Brickell and Brickell Heights, are rapidly moving forward, while Property Markets Group’s Echo Brickell continues its vertical ascent.
Further up Biscayne, starchitect Zaha Hadid’s One Thousand Museum is taking shape, while the Melo Group’s Melody rental tower is nearing completion. Mid-rise tower 26 Edgewater has broken ground, while Biscayne Beach is close to topping off. Midtown, meanwhile, hasn’t seen this level of construction in years. Both Midtown 5, also a rental building, and District 36, a mixed-use project with multiple levels of ground floor retail and residential above, are nearing top-off.
