Galbut clears one hurdle in quest for revised project at South Shore Hospital site

He wants to build a 25-story, 100-unit condo tower instead of five-story apartment building

TRD MIAMI /
Nov.November 10, 2016 09:45 AM

Over the objections of one of their colleagues, the Miami Beach City Commission voted 5-1 to allow developer Russell Galbut to seek approval from the city’s land use boards for revised development plans for the former South Shore Hospital site on Alton Road.

Galbut told commissioners the move allows him to meet with residents and homeowner groups in order to get their support while the city considers his separate application to increase the project’s height from seven stories to 25 stories.

“We are coming to you with a simple request to let us work with the community,” Galbut said. “If we can get consensus, we can move forward on an expedited basis.”

Galbut’s company, Crescent Heights, has plans to build 323 apartments, 63,000 square feet of commercial space and a clinic for Baptist Health South Florida at 600 and 700 Alton Road. However, the site also includes 500 Alton Road, which is where Galbut wants to place a 25-story tower with 100 luxury condos instead of the five-story building with 163 apartments that is currently planned.

In exchange for the height increase, the developer is offering Miami Beach 20,000 square feet of space for a five-story transit hub for the city’s proposed $400 million light-rail system. The Fifth Street transit hub would connect the train line with the MacArthur Causeway and the system circulating through Miami Beach. Crescent Heights would build the 25-story tower on top of the transit hub.

Galbut assured city commissioners Crescent Heights was willing to assume the risk of getting approved by the land use boards, if the height increase is denied.

However, Commissioner Michael Greico said Galbut’s request set a bad precedent. “My issue is the process,” Greico said. “There is nothing stopping public outreach without having an application in the system.”


Related Articles

arrow_forward_ios
Placeholder image

Miami board approves plans for Related, Crescent Heights towers and rejects Melo’s proposal

Miami board approves plans for Related, Crescent Heights towers and rejects Melo’s proposal
Jon Paul Perez and Russell Galbut with renderings of the projects

Related, Crescent Heights and Melo Group seek approval for Miami projects

Related, Crescent Heights and Melo Group seek approval for Miami projects
From left: Jorge Pérez, Stuart Miller, Craig Robins, Louise Sunshine, and Russell Galbut,(Credit: Patrick McMullan via Getty Images)

Here are the South Florida real estate players who donated to candidates in 2020

Here are the South Florida real estate players who donated to candidates in 2020
Russell Galbut, Mondrian South Beach

Mondrian South Beach unit owners sue condo association and companies tied to Russell Galbut, alleging securities fraud

Mondrian South Beach unit owners sue condo association and companies tied to Russell Galbut, alleging securities fraud
Shelborne South Beach

Shelborne South Beach unit owners lose appeal contesting $30M in assessments

Shelborne South Beach unit owners lose appeal contesting $30M in assessments
citizenM founder Rattan Chadha, Russell Galbut and a rendering of 1212 Lincoln

CitizenM buys hotel portion of Crescent Heights’ 1212 Lincoln project

CitizenM buys hotel portion of Crescent Heights’ 1212 Lincoln project
Rendering of the project and Russell Galbut

Crescent Heights hits a snag with plan to develop high-rise Edgewater project

Crescent Heights hits a snag with plan to develop high-rise Edgewater project
Michael S. Sheitelman and Josh Bank

Movers & Shakers: HTG hires Crescent Heights’ former general counsel & more

Movers & Shakers: HTG hires Crescent Heights’ former general counsel & more
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...