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Checking in on Lots of New Construction In and Around Downtown Miami

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.

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Miami’s New Downtown Train Station Going Vertical With Massive Concrete Pour

Last weekend, 550 truckloads of concrete was pumped into the foundations of the Florida East Coast Railway’s future MiamiCentral Downtown Miami passenger train terminal, where Brightline trains will whiz in and out of Downtown on elevated viaducts.

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Miami Worldcenter Broke Ground Today & Celebrated With Helicopter Rides Over Miami

Paramount Miami Worldcenter, and the Mall at Miami Worldcenter, two of the key components of the multi-billion dollar Miami Worldcenter megaproject, held a joint groundbreaking ceremony today in Downtown Miami. The affair was likely the biggest ground breaking ceremony of this real estate cycle, and perhaps even in all of Miami’s history. The project itself (Paramount and the Mall are linked in one gigantic building) actually began work late last year.

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Louver House Going Vertical With First Concrete Pour and 50% of Units Under Contract

Louver House, a 12-unit boutique luxury condominium project in South-of-Fifth (a development type that has become something of a thing in the neighborhood, with buildings like Ocean House, 321 Ocean, Glass, 300 Collins, etc.) is going vertical, with the completion of its first concrete pour. Half of the building’s units are under contract, according to representatives of the project. It’s being developed by Mast Capital, and designed by architect Rene Gonzalez, and should be completed in the first quarter of 2017.

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With Relaxed FAA Restrictions, SkyRise Miami Gets Even Taller

With new, slightly relaxed Federal Aviation Administration restrictions affecting planned and under construction towers across Miami’s urban core, the height of SkyRise Miami was approved yesterday by the FAA at a taller height of 1,045 feet, reports The Next Miami.

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Biggest Penthouse in MiMo District Wants $1.275 Million

According to the broker, and to the fact that the MiMo District just doesn’t have very many penthouses, this four bedroom, three bath penthouse at the ’70s-era Flats at Morningside is the largest penthouse in the MiMo District, and it’s on the market for $1.275 million. The MiMo Historic District is a long, thin commercial corridor extending along Biscayne Boulevard, next to other, mostly residential historic districts of the area, like Morningside, Belle Meade, etc. The 3,232 square foot unit looks out over historic Morningside toward unobstructed bay views, and includes a very large living room, sauna, rooftop terrace with cabana, hot tub, and Astroturf, and 100 feet of floor-to-ceiling windows.

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‘Top-heavy’ Elysee Miami’s New Interior Renderings are Gorgeous

A condo tower that’s literally wider on the top than the bottom may not seem like a good idea in hurricane-prone Miami, but Elysee Miami is proving to be a more surprising building than one might have expected. And here the engineering is balanced by really elegant interiors by designer Jean-Louis Denoit, which the project has just unveiled in new renderings.

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Here’s a Closer Look at PlusUrbia’s Design for a Grand Arsht Center Plaza

Town Square Neighborhood Development Corp., a nonprofit chaired by developer Armando Codina that advocates for the master planning of the neighborhood around the Adrienne Arsht Center for the Performing Arts, recently unveiled plans for a public plaza directly to the center’s south designed by local architecture firm PlusUrbia that would connect the Arsht to the rest of Downtown Miami and serve as a public front door to the institution. The Herald unveiled the plans on January 29th, but additional renderings that Gridics received from PlusUrbia (which were approved by TSNDC but not published) give a closer look at the design.

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The Frost Family has Saved Their Science Museum but Canned the Whole Board

Extremely wealthy people Patricia and Phillip Frost have stepped in to save their financially embattled namesake institution, the Patricia and Phillip Frost Museum of Science, which is under construction in Downtown Miami. Having run out of construction funds, and run short of its funding goals, the museum was desperately looking around for cash and in talks with Miami-Dade County government to temporarily bail them out, although almost all of the $160 million pledged by the county had already been spent.

That bailout, however, has apparently been replaced by the intervention of the Frosts themselves, who have agreed to give the museum a bridge loan, according to The Real Deal. They have also requested the replacement of the museum’s entire board, which is the group ultimately responsible for the whole funding situation. The new board will initially consist of Patricia Frost herself, Cesar Alvaraz of Greenberg Traurig, and Richard Pfenniger, previously CEO of healthcare company Continucare. The amount of the Frost’s loan was not published, but it’s definitely a pretty big wad of dough.

Gary Nader’s Art Museum & Towers Will Include a Theater Designed by Emilio Estefan

Art collector Gary Nader has been in talks with Miami-Dade College to take over their prime Biscayne Boulevard-facing land on which he wants to build a museum to house his world-renowned Latin American art collection, a hotel, facilities for the college, a theater, a sculpture garden, and two luxury residential towers where units will be designed with art collectors in mind  Mr. Nader has just revealed to Miami Modern Luxury Magazine that the 1,600 seat theater is being designed by the great Emilio Estefan.

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