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Brickell Rising
By Helen Hill
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The Miami Beach Botanical Garden will host its seventh
annual tour of private residential gardens from 10 a.m. to 3
p.m. Saturday, March 15. The seven gardens on display
demonstrate the diversity of Miami Beach gardening, from
waterfront estates to urban terraces. Tickets for the
fundraiser are $20 in advance and for Garden members, and
$25 on the day of the tour. For information, call
305-673-7256, ext. 206. |
A couple thousand
Miami party-goers — and hopefully some buyers and renters — turned
out on a chilly night recently to celebrate the completion of
The Plaza on Brickell by The Related Group. The event
also served as the Miami International Film Festival’s
post-screening party for the premiere film screened at downtown
Miami’s Gusman Theater. Background music from DJ Irie, cocktails
and sample bites from local restaurants livened up the Plaza’s
10th-floor pool deck while guests toured model apartments. The
mixed-use project has a 56- and a 43-story residential tower, with
1,000 total units ranging from about 700 square feet to 3,000
square feet. Unsold condos are being offered for rent.
Brickell falling
A lawsuit in the who-would-believe-it category ended last week
when the Third District Court of Appeals upheld a
Miami-Dade Circuit Court judge’s ruling against the
class-action suit filed against developer Kenneth Baboun and his
company BBB Group for fraud and breach of contract. Even though he
returned deposits representing 20 percent of the purchase price
plus interest, when the condo project was cancelled some buyers
proceeded with the suit alleging that the developer had acted in
bad faith and thus owed plaintiffs $200,000 in damages. The judge
ruled that some 60 buyers in the never-built 1390
Brickell Bay
condominium could not claim the “benefit of their bargain,” or
potential profits they might have made on resale if it was built.
Note: Lawsuit apart, a dramatically changed market has turned
“condo profit” into an oxymoron.
Archival treasure
The recent Miami International Film Festival showed off the
glories of the Gusman Center for the Performing Arts on
East Flagler Street — originally the
Olympia
movie palace and a perfect example of the “atmospheric theaters”
designed by John and Drew Eberson in the 1920s and ’30s. Now
The Wolfsonian-Florida International University has been
awarded a $50,000 Getty Foundation grant to work on one of its
most significant architectural treasures — the John and Drew
Eberson Architectural Record Archive. The archive, gifted to
The Wolfsonian by Mitchell Wolfson Jr., contains more than 420
individual projects, including nearly 4,800 design drawings and
more than 2,600 photographs. It offers important visual
documentation of buildings that have been destroyed or are
important to preserve.
The butlers are coming!
Last week, Sergio Rivera, president of real estate for
Starwood Hotels & Resorts Worldwide, Inc., Jorge
Perez of The Related Group and numerous Bal Harbour
city officials dusted off the groundbreaking gear and dug in on
the former site of the
Sheraton Bal Harbour to be one step nearer to reality for the über-luxurious
St. Regis Resort & Residences,
Bal Harbour.
The beachfront complex of three glass towers with 268 residences,
37 condo-hotel suites, 183 hotel rooms and 24 residences will be
one of the largest developments of its kind in Florida. It also
will have all kinds of amenities, including a 12,000-square-foot
Remède Spa, a fitness center, restaurants, pools and beach
services. And there will be St. Regis butlers equipped with
wireless handheld devices, allowing guests and residents to e-mail
them directly with requests. St. Regis Resort & Residences,
Bal Harbour,
is scheduled for 2011 completion.
Florida rules!
Two
Florida
cities (but neither in the Southeast — yet!) ranked among
Forbes’ recent list of the 10 Best Places for House
Bargains. Using the criteria of areas with healthy job growth
and more houses available than people to buy them, the magazine
rated
Orlando
third, because: “This part of the state had fewer speculators than
Miami and Tampa and is adding jobs faster than those cities as
well.” Jacksonville ranked eighth because: “The foreclosure rate
is slower than the rest of the Florida cities, making the large
inventory likely to improve.”
Maybe that’s a good prognosis, because once people move into the
state, they’re that much nearer to discovering the delights of the
Miami area.
Apeel-ing building
The Orange Bowl stadium may be history, but the Orange Bowl
Committee lives on. The nonprofit organization, with more than
300 volunteer members, spearheads the annual Orange Bowl in
Dolphin Stadium, as well as other sporting and community events.
Just announced are plans to build its headquarters on a 2.5-acre
site in
Miami Lakes that will feature a landmark tower with the familiar
Orange Bowl logo. Boca Raton-based RLC Architects, PA, is
designing the two-story, 20,224-square-foot building at
14360 N.W. 77th Court
with a modern design that will incorporate “traditional Old
Florida” elements. Groundbreaking is planned for the end of 2008.
Kudos To…
Esslinger-Wooten-Maxwell’s Commercial Division’s Tom Byrne
on his election as president of the Realtors Commercial Alliance
of Greater
Miami & the Beaches. A native of
Miami,
Byrne merged his family’s 25-year-old real estate firm,
Byrne-Rinehart & Co., with EWM in 1998. He also teaches real
estate law to undergraduates as an adjunct professor at
Florida
International University.
Also,
Zyscovich Architects and
Miami urban planners received a 2008 Gold Addy Award for
their new Web site, designed by The Factory Interactive.
The Addy, American advertising’s top regional prize, noted the Web
site’s public forum, where the architects can receive direct
feedback from the public.
Coming up:
Wednesday, March 19,
5:30 p.m.: AIA Miami presents Miami 21: Implications for
Architects, a discussion on how the proposed
Miami
21 zoning code changes could impact architectural design and the
future of built environments in the city of
Miami.
Miami Dade College, Wolfson Campus,
300 N.E. Second Ave., Bldg. 2, Room 2106. Free. To reserve a
space, call 305- 448-7488.
Monday-Tuesday, April 7-8:
Fourth Annual ULI Conference, “Developing & Investing Green:
Creating Value Through Sustainability,” will feature a number
of speakers, including leading professionals in the fields of
capital, financing and investing; commercial and residential
sustainable development; marketing and risk management.
Charlotte Convention Center, Charlotte, N.C. Register online
at www.uli.org/register or call 800-321-5011.
Wednesday-Thursday, April 9–10:
GreenCoast 2008 Conference & Expo, “Building Healthy Places to
Live and Work,” presents green building experts in
three-session tracks for building professionals. Produced by
nonprofit
Smart
Coast in collaboration with the U. S. Green Building Council, the
event will be held at the
Arthur Outlaw Convention Center, Mobile, Ala.
Register at www.greencoastonline.com.
Please send news items on Miami-Dade real estate to
hhill@miamisunpost.com |