The Real Deal Miami

Miami board to vote on Finvarb and Cho’s mixed-use Brickell hotel, other projects

Edgewater site at 3047 Biscayne is reportedly under contract
By Katherine Kallergis | June 13, 2018 03:30PM

Renderings of 3047 Biscayne Boulevard, 115 Southwest Eighth Street and Liberty Square’s second phase

Miami’s Urban Development Review Board will review proposals for two new mixed-use hotels in Miami’s Edgewater and Brickell neighborhoods and the second phase of Liberty Square, an affordable housing development, at its upcoming meeting on June 20.

Mixed-use hotel at 3047 Biscayne Boulevard in Edgewater

Kobi Karp Architecture & Design submitted plans for 3047 Biscayne Boulevard, which is currently home to Limon y Sabor, a Peruvian restaurant.

The proposal calls for a 137-key, 13-story hotel with a pool, tiki lounge and indoor lounge. The 147,363-square-foot development would have about 6,900 square feet of commercial space, 10,575 square feet of office space and about 3,700 square feet of open space. It’s seeking two waivers related to the driveway and parking, documents filed with the city show.

According to property records, Prime Biscayne Property LLC owns the site, but the development site is under contract, according to a Loopnet listing. It’s on the market for $8.75 million.

Mixed-use hotel at 115 Southwest Eighth Street in Brickell

Developers Tony Cho and Robert Finvarb submitted plans for their 21-story, dual-branded hotel near Brickell City Centre.

The mixed-use project, planned for 115 Southwest Eighth Street, would include 264 hotel rooms, about 25,000 square feet of retail space, structured parking and a rooftop terrace. Arquitectonica is designing the development.

C-F Brickell LLC, a joint venture between the two developers, paid $18.4 million for the site in 2017.

Phase two of Liberty Square at 6514 Northwest 13th Avenue in Liberty City

Modis Architects’ proposal for the second phase of the Liberty Square redevelopment shows the project calls for 204 residential units in six three-story buildings totaling about 177,000 square feet.

In 2016, the Related Group’s affordable housing division won the bid for what’s one of the largest affordable housing developments in the county at more than $300 million. Late last year, Related Urban secured construction financing for the first phase, which is expected to be completed in the spring of 2019.

The Liberty City land is being redeveloped as a public-private partnership under a 75-year lease with the county. Liberty Square, built in the 1930s under President Franklin D. Roosevelt as one of the nation’s oldest public housing projects, has been in disrepair for decades.

Once completed, the affordable housing community is expected to include a 40,000-square-foot grocery store, more than 1,500 residential units, 15,000 square feet for local retailers, and a community and health center. It will have units set aside for very low-income residents with special needs, low-income seniors, as well as workforce housing.