Euroamerican Group is finally getting approval to build a new five-story multifamily building on one of the longest bayfront lots in Miami Beach.
On Tuesday, the Miami Beach Design Review Board gave design approval and granted a variance to reduce the size of a driveway for the apartment project by two-feet, clearing a last hurdle for the long-stalled Venetian Islands development.
Euroamerican plans to build a new five-story project with 172 residential units in two buildings on a 3.5 acre waterfront parcel at 31 Venetian Way, which takes up almost a third of the north side of Belle Isle. With 750 feet of waterfront, the project will feature a bay walk open to the public during daylight hours, and 297 parking spaces.
The project, which has been in the planning phase for six years, will replace four existing three-story buildings built in 1939. A staff report on the project notes that project architect, Deforma Studio, has divided a previous version of the building into two structures, opening up the building “with a central view corridor that divides the building into two architectural elements.”
Board members unanimously approved the project calling it an “entirely different project than before.”