Miami Condo Market and Lifestyle Updates
New Mixed-Use Project Proposed for Buena Vista Neighborhood

New Mixed-Use Project Proposed for Buena Vista Neighborhood

by Sep Niakan | January 08, 2016

The greenery surrounding the classy Miami neighborhood of Buena Vista will now be the new site of a low-rise 60,000 square-foot mixed-use project.

Michal Aviv, an Israel-based Developer, plans to develop a .85 acre lot that she purchased for $1.25 million into a center with restaurants, a boutique hotel wellness center, many small retail shops, and a residential complex. The project will be titled Upper Buena Vista. She has already submitted a master plan to Miami’s zoning department. “We want to be the bohemian brother or sister to the Design District,” Aviv said.

The lot itself, located at 184 Northeast 50th Terrace, is just south of the Miami Jewish Home & Hospital for the Aged, a nursing home and rehabilitation center, and just west of the Archbishop Curley-Notre Dame High School.

There will be a few phases of construction for the project. First, developers will remodel an existing two-story commercial building into a new restaurant and rooftop bar by the Summer of 2016. After that, the second phase will entail three new three-story buildings which will house several retailers, a bed-and-breakfast hotel, art studios, a spa, and seven small residential cottages that will be rented out. The second phase is to be completed by early 2018.

There will also be a 33-space parking lot in addition to eight street spaces.

Upper Buena Vista will be Aviv’s first development in Miami. However, she has worked previously in Tel Aviv, London, and Paris.

 

Source: miamiherald.com

Photo credit: miamiherald.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...