Glaser and partners propose 15-acre “West of West” district in South Beach

Overlay district is bordered by Bay and Alton roads and 13th and 16th streets

TRD MIAMI /
Feb.February 14, 2019 05:30 PM

A rendering of the mixed-use project

Developer Todd Michael Glaser and a group of partners are proposing a massive mixed-use project with pocket parks, elevated courtyards, residential and commercial space in the heart of South Beach.

Glaser, Jarrett and Sean Posner, Fred Carlton and Charlie Ratner are the developers behind the West of West overlay district. Domo Architecture + Design presented it Wednesday to the Miami Beach commission, which sent the project to the city’s Land Use boards as early as March. The proposal covers more than 15 acres bordered by Bay and Alton roads and 13th and 16th streets.

An aerial rendering fo the project

Along with his partners, Glaser has spent about $10 million acquiring nine properties in the district. In all, he estimates there are 140 properties. The area is zoned for buildings as tall as 50 feet, and the West of West district would not exceed that, but the proposal does seek reduced or eliminated setbacks.

Glaser said sea level rise and the increasing cost of flood insurance could drive property owners to sell to him, his partners or other developers. Glaser said that on the homes he owns in the area, flood insurance has gone up from $1,200 to $5,000 a year over the past two years.

At the commission meeting, Domo principals Robert Moehring said “soon these owners will not be able to afford the flood insurance.”

The elevated project calls for live/work lofts, restaurants, retailers, green and blue roofs and more, taking in climate change recommendations from organizations like the Urban Land Institute.

Commissioners encouraged the group to work with residents and neighboring areas before the district goes to Land Use.

A rendering of the projects proposed layout

Glaser called the project “an opportunity to bring back Miami Beach,” which he said has lost visitors and retailers to trendy neighborhoods like Wynwood and the Miami Design District, both on the mainland.

“It’s 15-and-a-half acres of non-historic properties, which is going to be under water in the next 10 years,” Glaser said, later adding that “this is the first time that Miami Beach can have a cohesive area.”


Related Articles

arrow_forward_ios
Chad Carroll, Mariana Trentini, and Fabio Lopes, 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

Todd Glaser and the home

Todd Glaser venture sells Palm Beach spec home for $9M

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...