Missoni Baia, Paseo Miami and Coconut Grove Playhouse submit new plans

13th Floor and Tricera are now planning Paseo Miami on the former Boulevard 57 condo site

TRD MIAMI /
Feb.February 16, 2018 03:50 PM

The developers of three major projects will go before the city of Miami next week for approval from the Urban Development Review Board on Wednesday.

Missoni Baia

Missoni Baia

700 Edgewater Development LLC, a company tied to developer Vlad Doronin, filed updated plans for Missoni Baia, a 56-story luxury condo tower planned for 700 Northeast 26th Terrace in Edgewater.

The developer is formally requesting a change in units and minor design modifications to the building. Instead of a 146-unit tower tower with about 771,000 square feet and 323 parking spaces, Doronin’s company is looking to build 249 units with 838,000 square feet and 399 parking spaces, citing “shifting market conditions and an increase in demand for smaller units.”

Doronin’s OKO Group broke ground on the building in October. Amenities will include a flow-through deck with cabanas, five swimming pools, an elevated tennis court, fitness center and spa. OKO launched sales for Missoni Baia in the spring of 2016 and hired Fortune International Group to take over sales about a year ago.

Paseo Miami

Paseo Miami

13th Floor Investments submitted its proposal for Paseo Miami, a mixed-use apartment development planned in Miami’s Upper East Side.

The eight-story, 448,000-square-foot project calls for 294 residential units, about 27,000 square feet of retail space, 21,000 square feet of open space and 517 parking spaces.

13th Floor and Tricera Capital paid $19.5 million for the 2.2-acre development site at 5700 Biscayne Boulevard in June. They bought it from Unitas Development Group, which had planned to build the Boulevard 57 condo development there.

Coconut Grove Playhouse

Coconut Grove Playhouse

The Miami-Dade County Department of Cultural Affairs and Arquitectonica revealed new renderings and a detailed site plan of the Coconut Grove Playhouse project.

In December, the Miami City Commission moved to preserve the exterior facade of the theater, killing a $20 million plan that entailed razing the playhouse’s deteriorated 1,100-seat auditorium and replacing it with a modern 300-seat theater.

The city preservation board’s conditions now call for a 600-seat theater that would sit within the fully restored auditorium building.

The state-owned property stopped operating as a theater in 2006 after accruing overwhelming debt. Ownership later reverted to the state, and the county partnered with Florida International University to redevelop the theater.


Related Articles

arrow_forward_ios
(iStock)

Bargain shopping: Here’s where resi prices fell the most in Miami in Q2

Bargain shopping: Here’s where resi prices fell the most in Miami in Q2
3604 Matheson Avenue with Mike Komaransky and Corwynne Carruthers (Compass)

Crypto investor sells waterfront Coconut Grove mansion at a loss

Crypto investor sells waterfront Coconut Grove mansion at a loss
From left: Magnus Jennemyr, Timo Khammash, and Irving Padron

Engel & Völkers cuts ties with managing broker, expands to Coconut Grove

Engel & Völkers cuts ties with managing broker, expands to Coconut Grove
Charles and Daneen Stiefel with One Park Grove (Getty)

Pharma mogul Charles Stiefel buys Coconut Grove penthouse

Pharma mogul Charles Stiefel buys Coconut Grove penthouse
From left: The Fairchild, Riley Smith, Oscar Rodriguez and Ricardo Vadia

Riley Smith team takes over sales of the Fairchild in Coconut Grove

Riley Smith team takes over sales of the Fairchild in Coconut Grove
Gables Town Colony apartment complex, Sue Ansel of Gables Residential

Gables Residential scores $85M loan for Boca Raton apartment complex

Gables Residential scores $85M loan for Boca Raton apartment complex
Daniel Odess and Matthew Sengsourinh with the properties

GlobalPro Ventures plans projects in Allapattah, Coconut Grove

GlobalPro Ventures plans projects in Allapattah, Coconut Grove
Jay Parker and a rendering of CocoWalk

Douglas Elliman, Bluemercury among new tenants at CocoWalk

Douglas Elliman, Bluemercury among new tenants at CocoWalk
arrow_forward_ios

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

Loading...