Chateau Group plans to combine 600, 700 Biscayne into mixed-use project

Miami /
Jan.January 04, 2017 03:00 PM

The Chateau Group is rethinking its plans for two sites in downtown Miami. 

The developer originally planned to develop the properties at 600 and 700 Biscayne into separate projects, but an unnamed executive told The Next Miami that after considering nearby projects and alternative options, Chateau will combine the sites into a mixed-use development.

Both received approvals for their major use special permits in 2005 before Chateau acquired the land. The properties are next to Miami Worldcenter and near All Aboard Florida’s MiamiCentral project.

Luis Revuelta designed the original plans for controversially named Freedom Square, a 62-story, 650-foot tower that would wrap around the Freedom Tower at 600 Biscayne Boulevard. It would have 685 condo units, 835 parking spaces, restaurant and museum space. Approved plans from 2005 call for Paramount Park at 700 Biscayne Boulevard. That project was designed by Arquitectonica and included plans for 467 condo units, 120 hotel-condo units, 818 parking spaces and retail.

Chateau, based in Hallandale Beach and led by Manuel Grosskopf, recently completed the Fendi Chateau Residences in Surfside, and is co-developing the Ritz-Carlton Residences in Sunny Isles Beach with Fortune International Group. [The Next Miami] – Katherine Kallergis


Related Articles

arrow_forward_ios
First Quality Enterprises' Kambiz Damaghi along with a rendering of the two proposed residential towers next to MiamiCentral (Getty, First Quality Enterprises, Facebook/Clinton County Economic Partnership, Zyscovich)
Damaghi family buys resi tower dev sites next to MiamiCentral
Damaghi family buys resi tower dev sites next to MiamiCentral
Aria's David Arditi with rendering of 501 Residences (Aria Development Group, Getty)
Aria JV scores $81M construction loan for downtown Miami condo project
Aria JV scores $81M construction loan for downtown Miami condo project
From left: Bel Invest's Maximillian Beltrame, Mast Capital's Camilo Miguel, and PMG's Ryan Shear (Getty; Illustration by Kevin Rebong for The Real Deal)
Life after FTX: What happens to the crypto buyer pool now?
Life after FTX: What happens to the crypto buyer pool now?
River Landing Shops and Residences with Andrew Hellinger and Coralee Penabad of Urban-X Group (UrbanX)
Lease roundup: Urban-X, Motwani, Falcone, CIM Pebb score tenants
Lease roundup: Urban-X, Motwani, Falcone, CIM Pebb score tenants
From left: Hyatt's Mark Hoplamazian and Gencom's Karim Alibhai along with a rendering of the proposed James L. Knight Center, a three-tower development at 400 Southeast Second Avenue (Getty, Hyatt, Gencom)
Miami voters approve James L. Knight Center redevelopment
Miami voters approve James L. Knight Center redevelopment
PMG's Dan Kaplan, Ryan Shear and Kevin Maloney with rendering of Waldorf Astoria tower in Miami (PMG, ArX Solutions)
What it takes to develop a Miami supertall
What it takes to develop a Miami supertall
(Photo Illustration by The Real Deal with Getty Images)
After Ian: South Florida’s construction costs, insurance to rise
After Ian: South Florida’s construction costs, insurance to rise
Property Markets Group's Ryan Shear, Kevin Maloney, Dan Kaplan and Greybrook’s Peter Politis with Elser Hotel & Residences; Terra's David Martin and Doral Square (Terra, Property Markets Group, Greybrook)
Lease roundup: PMG’s Elser, Terra’s Doral Square nab tenants
Lease roundup: PMG’s Elser, Terra’s Doral Square nab tenants
arrow_forward_ios

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

Loading...