Deco Capital will again seek approval for mixed-use Sunset Harbour project

Ronny Finvarb also submitted plans for a 150-room hotel near the Miami Beach Convention Center

TRD MIAMI /
May.May 30, 2018 11:30 AM

Renderings of 1759 Purdy Avenue, Bradley Colmer

Deco Capital Group is returning to the city of Miami Beach seeking approval for its mixed-use project in the Sunset Harbour neighborhood.

The developer submitted plans to the Miami Beach Planning Board for a 65,000-square-foot project, which would have more than 20,000 square feet of retail space, 12 residential units and parking. RWN Real Estate Partners, a New York-based private equity firm backed by billionaire Marc Rowan, is a majority partner in the project.

Developer Bradley Colmer is now planning to go before the Design Review Board later this year. Colmer said Deco Capital is refining some architectural elements of the plan and addressing city comments.

The developer has been attempting to get approval for the site since 2015, but faced setbacks due to height restrictions and pushback from residents.

Under Deco Capital’s most recent proposal, however, the building will only be five stories tall with parking on the second story. Early last year, Miami Beach commissioners voted down an ordinance that would have increased the height for the development, known then as Sunset Harbour Residences, at 1733-1769 Purdy Avenue, to 90 feet from 50 feet.

The new proposal also includes another change: a property that Deco Capital purchased for $3.53 million at 1730 Bay Road earlier this year. The property was called the “missing piece”, since it was situated in the middle of Deco Capital’s planned project and allowed the developer to redesign the project.

Plans filed with the city reveal the Sunset Harbour project will include an 8,000-square-foot garden above its parking deck, as well as another garden and a pool deck on the roof. Domo Architecture and Design is the architect.

In 2015, the developer withdrew its height increase request after it was unable to reach agreements with residents living at the adjacent Lofts at South Beach Condominium — some of whom would have their bay views blocked by the previously proposed building — and with Beach Towing, which holds a deed restriction that it says prevents parking on property previously owned by the towing company. Colmer declined to comment due to pending litigation with Beach Towing.

Miami Beach developer Ronny Finvarb also submitted a proposal to the planning board for a 50,000-square-foot, 150-room hotel at 1685 Washington Avenue. Finvarb paid $19.2 million for the property, near the Miami Beach Convention Center, last year. The proposal calls for an eight-story building with two restaurants and 122 parking spaces. The hotel brand has yet to be named. Finvarb, who is developing the project with Jacques Chahine’s Credus I Corporation, will go before the planning board on June 26.


Related Articles

arrow_forward_ios
Pablo Camposano, Phil Gutman and Felix Bendersky, with 200 South Pointe Drive (Credit: Google Maps)

Bull’s-eye: Norway dart club lands on South Beach for first US location

Chad Carroll, Mariana Trentini, and Fabio Lopes, and Christopher Burch with 5050 North Bay Road

Heinz Brasil exec sells waterfront North Bay Road home to Christopher Burch

Jeffrey Soffer and Fontainebleau Miami Beach

Fontainebleau Miami Beach reveals proposed addition

David Martin, Russell Galbut, and a 500 Alton rendering (Credit: The Next Miami)

Miami Beach, Crescent Heights, Terra agree to settle dispute over floor-to-area calculations

Amir Zwickel and a Showfields store

Showfields to bring new retail concept to Lincoln Road

David Arditi of Aria Development Group and 321 Ocean

Condo association alleges construction defects at 321 Ocean: lawsuit

Julian Cohen and a rendering of the project

Felix and Julian Cohen propose waterfront spec mansion on North Bay Road

1452 Washington Avenue (Credit: Google Maps, iStock)

Spanish investor buys mixed-use building near Española Way

arrow_forward_ios
Loading...