Miami Condo Market and Lifestyle Updates
Bahamas Condo Developers Contest South Florida Designers

Bahamas Condo Developers Contest South Florida Designers

by Sep Niakan | April 16, 2014

Condo developers in the Bahamas are attempting to redirect South Florida vacation home buyers to their island condos by hiring star architects to pique interest.

The Honeycomb building, a project developed to redirect traffic, is located in Albany resort on New Providence Island’s southern shore. Honeycomb is deriving some of its inspiration from the South Florida architecture by hiring Bjarke Ingels to design and generate buzz based off of the familiar South Florida style.

Ingels, a well-known starchitect, has collaborated with HKS and Michael Diggiss & Associates to create Honeycomb. Their design includes eight floors, individual swimming pools, and 34 apartments with sizes ranging from 3,000 to 8,000 square-feet. Honeycomb was already 30% sold only a short time after it was launched. Prices ranged from $1,000 to $2,500 per square-foot or more.

“There is an element of competition between the Bahamas and Florida for non-Floridian buyers,” Christopher Anand, Albany managing partner said, he believes that the two may go head to head to win buyers.

 

Source: miamiherald.com

Photo credit: Bjarke Ingels archimemeplex.comHoneycomb renderings -  huffingtonpost.com

Recent posts

Lifestyle

Car-free in Miami: How to Give Up Your Car for Lyft and Uber . . . and Love it.

by Sep Niakan | November 29, 2016

This is a story of how one Miami condo dweller (that's me, Sep Niakan) gave up his car at the end of his lease and gained freedom (and $$) in its place. If you have been thinking of getting rid of your car or know someone who is, read...

Real Estate News

How Miami Condo Sales Will Benefit from New FHA Lending Rules

by Sep Niakan | November 24, 2016

Lending, specifically FHA lending, is inching forward in favor of Miami Condos. Before President Trump pulls out any game-changers, I thought it would be the right time to reflect on a Bill passed into law by President Obama this August. The...

Real Estate News

Reflecting on BrickellHouse Robotic Parking Garage Failure

by Sep Niakan | November 22, 2016

It’s been almost a year since BrickellHouse’s robotic parking garage blunder, and I’ve been thinking about what this means for the automated parking business in Miami condos. In brief, Boomerang Systems (the robotic garage...

Real Estate News

What’s behind Downtown’s Latest Population Explosion?

by Sep Niakan | October 31, 2016

From a humble 9-to-5 district to after-dark playground for the it-crowd, Downtown Miami has had quite a turnaround in the past decade or so. According to the latest Miami Downtown Development Authority report, there are now 88,540 residents in...