Brickell tower planned for Burger King site scores approval

Development team now working on securing tenants for four-story retail component

Feb.February 22, 2017 01:30 PM

Renderings of “18”

A city of Miami board recommended approval of another Brickell high-rise near Brickell City Centre. 

The Karam Group is planning to develop the property at 10 Southwest Eighth Street, which is currently home to a Burger King-anchored shopping strip at 10 Southwest Eighth Street into a 78-story, 392-unit mixed-use tower.

The Miami Urban Development Review Board voted to recommend approval of “18” at its meeting last week. The development team is now working to bring in tenants, a spokesperson told The Real Deal.

Karam, led by principals Simon and Antoine Karam, hired Claro Development as a project manager and representative. The building is near the Related Group’s Brickell Heights and SLS Lux, three new high-rise towers, and Brickell City Centre, which includes two condo towers, a 40-stort hotel, an office building and a 500,000-square-foot mall.

As planned, Karam’s “18” will have 392 condos, 66,618 square feet of retail space on four floors, 464 parking spaces and bicycle parking. The LEED Silver building is being designed by Nichols Brosch Wurst Wolfe & Associates, and secured FAA approval for 960 feet.

Karam affiliate City Center Properties LLC paid $6.1 million for the Burger King retail building, where other tenants include La Sandwicherie, and Chandi Liquors, in 2006. The land totals 34,166 square feet. The developer also owns more land in Brickell, Miami Beach and a shopping center on U.S. 1 and 67th Avenue in Miami.

Claro Development, led by Ray Lastra and Sandor Scher, is active in Miami Beach. Claro plans to redevelop Ocean Terrace in North Beach into a mixed-use project with hotel, retail and residential components.

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