Newly Revived 78-Story Brickell Project 18 at 8th Is Back To Life With FAA Permit Filing Posted on February 6, 2023February 8, 2023 by Sarah Elles Boggs After several years under the radar, 18 at 8th has been revived with a petition to the Federal Aviation Administration (FAA) for permission to build 78 stories at SE8th Street and South Miami Avenue in Brickell. If approved, the new tower will rise over 950 feet into the skyline, bringing nearly 400 new residences as well as over 65,000 square feet of retail space and 464 parking spaces. The Miami Urban Development Review Board has already signed off on the project back in 2017, giving the go-ahead to Karam Group and Claro Development to move forward with the plans and secure FAA Approval. Claro Development is a new name in the Brickell development game but is not new to Miami Dade County. They have previously worked on other high-profile projects including the Villas at the Ritz Carlton Miami Beach as well as the rejuvenation of Miami Beach’s Faena District. The development team has tapped Nichols Architects (formerly known as NBWW Architects) and they have re-released the original renderings from 2017, seen below. The curved and shifting framework with landscaped gardens and pools on the rooftop provide a feminine juxtaposition to the sharp angles of the Brickell City Center towers and climate ribbon next door, promising to both stand out in the skyline and incorporate the neighboring projects. Rendering of 18 at 8th Brickell 18 on 8th will be built at 10 SE 8th Street, Miami, where you will currently find a 1-story strip mall that houses Burger King, Chandi Liquors, the cigar shop, and La Sandwicherie. Solitaire Apartments border the lot to the West, Brickell City Centre to the north, SLS Lux to the East and Brickell Heights is just to the South, sharing a wall to neighboring parking garages. Although there will be 464 parking spaces, residents will find the 8th Street metromover station just a block away and the metrorail station is roughly 3 blocks, in the Underline Park. The good folks at YIMBY have taken the time to point out the coordinates of the 35,000 square foot subject property, as seen here: 18 at 8th Location Street View Created by Oscar Nunez. Photo from Google Earth. 18 at 8th Location Aerial. Coordinates aligned on the subject property. Created by Oscar Nunez. Photo from Google Earth. The brothers at Karam Group have held this parcel since 2006 according to public records. They have always intended to develop when the time was right, and it appears that the time to step forward is now. They had intended to begin in 2017, before market conditions shifted in a different direction that did not work for the plans. Now that the USPS has reported that there has been a 52.6% increase in moves to Miami during 2019-2022, the demand has returned that supports another project of this magnitude. According to the analysis, the Miami-Fort Lauderdale-Pompano Beach, FL MSA has seen a 56.2% increase in inbound moves from 2019 to 2022. It is highly possible that the project could undergo changes between the planning phase and the final product, but we are very pleased with the design as it stands today. Sales and marketing have not yet begun, but we intend to be at the forefront of these releases in order to report back to you. Stay tuned! Rendering of 18 at 8th Street Integration
Condos So Exclusive You Have To Be INVITED To Buy, Coming Soon To Fisher Island Posted on October 10, 2022October 10, 2022 by Sarah Elles Boggs Related Group is bringing a new level of exclusivity to Miami’s Fisher Island. Imagine owning one of 50 condos in a development that is only accessible by helicopter or boat, and you have to be INVITED to purchase. This is what is slated for the last developable parcel of land on Fisher Island. For those unfamiliar with Fisher Island, it is an ultra-posh area in the Biscayne Bay, between Miami Beach and Miami. To get to the island, there is a seven-minute ferry ride, or you could arrive by boat (usually yacht) or by helicopter. The population is just 561, most of whom roam the island on golf carts. It truly is a peacefully chic ultra-exclusive enclave with a private beach, a club, restaurants and its own zip code that routinely shows up on the Forbes list of Most Expensive Zip Codes in the United States. Although many wealthy people are very discreet about their earnings and their homes, statistics show that the average income on the island is $2.5 million per year. Celebrities who are more open about their living arrangements and have owned on Fisher Island include Oprah, Julia Roberts and Mel Brooks. “We are currently working with our sales teams to develop our list of VIPs,” Jon Paul Perez, Related Group’s president, told Insider. “People can live their entire lives on the island and, as such, develop close relationships with neighbors and fellow residents. That’s the feeling we want to create at our job. We want our buyers to get to know one another, and forge close friendships that elevate this beyond just another one of their homes.” The project has not yet been named, but is slated to feature three- to five-bedroom residences that will be offered for around $30 million. Penthouses will ask over $60 million. Each resident will receive membership in the Fisher Island Club to enjoy golf, restaurants, pool parties, marinas, tennis and the private beach. Local Miami architect Kobi Karp has been chosen to make the designs and London-based Tara Bernerd and Partners has been chosen for the interiors.