WATCH: Crescent Heights implodes South Beach building

10-story South Shore Hospital building came down in seconds on Tuesday

TRD MIAMI /
Apr.April 16, 2019 12:48 PM

David Martin and Russell Galbut

With the pull of a lever and 235 pounds of explosives, developer Russell Galbut imploded a building – paving the way for his mixed-use residential tower in South Beach.

Galbut and Terra developer David Martin, who recently joined the project, counted down before a crowd that included Miami Beach Mayor Dan Gelber and city commissioners John Aleman and Michael Gongora near the former Shore Shore Hospital building Tuesday morning. Miami Beach police had shut down a 500-foot area surrounding the shell of the 10-story building.

Before and after of the building site

Implosions aren’t typically allowed in Miami Beach, but Galbut appealed the city’s rejection through the Miami-Dade County Board of Rules and Appeals. The contractor, BG Group, said it was the safest and quickest way to knock down the building, according to the Miami Herald. Last year, a Miami Beach building unexpectedly collapsed during a planned demolition, killing a project manager. The family of that manager recently sued the developer and contractors, citing a wrongful death.

Gelber called the former South Shore building an eyesore for the community.

Crescent Heights and Terra are building the Park on Fifth on the property at 500 to 700 Alton Road. In December, the Miami Beach City Commission approved zoning changes and a development agreement that allows Crescent Heights to build a 519-foot, 44-story tower on the 500 block of Alton Road. As part of the deal, the developer will build a 3-acre public park, designed by Arquitectonica GEO, on the 600 block.

The approval was years in the making for Galbut, whose company paid $35 million in 2004 for the hospital, founded in 1968. At the time, Crescent Heights promised to keep it as a hospital, but ended up shutting it down in 2006 after it went bankrupt, according to the Miami Herald. Galbut proposed a number of projects for the property, over the years, including retail and residential developments.

Rendering of the Park on Fifth

The 500 Alton tower will have 40 floors with 350 residential units, with the first 20 floors for 220 apartments and the other 20 floors with 130 condos. The building will also have nearly 49,000 square feet of amenities.

Galbut is aiming to complete the project within 28 months, but said at a recent community meeting that the contractor requested a 30- to 32-month timeline.


Related Articles

arrow_forward_ios
802 West Dilido Drive with agents Dina Goldentayer and Miltiadis Kastanis (Credit: Douglas Elliman)

Developer gets $15.6M for Venetian Islands spec home

Todd Glaser, Rony Seikaly and a rendering of spec home at 1635 W 22nd Street (Credit: Mary Beth Koeth, Getty Images)

Todd Glaser, Rony Seikaly close on Miami Beach spec mansion

Jeffrey Soffer and Fontainebleau Miami Beach

Jeffrey Soffer scores $1.2B refi of Fontainebleau Miami Beach

The LaLanne exhibit at The Real Deal’s event in October

Michael Shvo to unveil tropical gardens with LaLanne exhibit at the Raleigh

Thomas O’Reilly, John Marshall, Ivan Chorney and Michael Martirena with Continuum North unit 1402/03 (Credit: Douglas Elliman and LinkedIn)

Tech entrepreneur sells Continuum unit to Neuberger Berman exec

Daily Digest Miami

Missoni Baia lands massive loan, Babylon Brickell owner sells Overtown property: Daily digest

Miami Beach loosens regulations for real estate developers and small businesses

Miami Beach relaxes rules on development, pools, restaurants

Daily Digest Miami

Miami-Dade approves Brightline deal to build PortMiami station, WeWork eyeing electronic gaming play: Daily digest

arrow_forward_ios