The Real Deal Miami

Icon Biscayne: Related’s new three-tower project

Development would house total of 1,430 units

September 09, 2015 05:15PM

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Renderings of Related's Icon Biscayne project (Credit: The Next Miami)

Renderings of Related’s Icon Biscayne project (Credit: The Next Miami)

UPDATE 09/10/2015: It is now being reported that Icon Biscayne is not the branding for this project. The site was originally branded Auberge Residences Miami, and it appears that Related will continue using that name for this project.

Last year, the Related Group paid $57.3 million for a slab of property along Biscayne Boulevard with big plans for development. Now, details about the company’s new project have surfaced.

Icon Biscayne is the name of Related’s project that’s slated for the 2.8-acre site at 1400 Biscayne Boulevard. As first reported by the Next Miami, the development will encompass three towers designed by Arquitectonica. Early renderings show that the three buildings will be connected by a mixed-use parking podium with restaurants and retail space.

At this stage, two of the towers are planned to be 59 stories, with the third 49 stories. The three would house a total of 1,430 units. Related is maxing out the number of allowable units per acre at that property, according to the Next Miami.

The 11-story podium would house 1,629 parking spaces, and the development as a whole would have 1,645,933 square feet of sellable space.

Just this year, Related completed its similarly branded Icon Bay condo tower in Edgewater. The 42-story building began recording transactions on its 299 units in July. [The Next Miami] — Sean Stewart-Muniz

  • Arshan Borhan

    I guess Perez wants to get taken down by another large scale icon project. How quickly we forget the past.

  • james

    Perez is not even selling out his current buildings they are having trouble selling. How the hell are banks lending money to this guy are they going off his unfinished projects and just say hey build something for shits and giggles. I hope he burns to the ground he was one or the largest contributors to the crash here in Miami. All these developers need to reevaluate what the hell their plans are when every building is finished, do they really think they are selling out

  • thoric

    Wow- 1629 parking spaces for 1430 units. The 2 and 3 bedrooms must only get 1 space. Good luck with that. They better not outlaw Uber downtown!