Ross’s Comments – What you Need to Know about 900 Biscayne Bay
900 Biscayne is part of the “Brickell Wall” that faces Museum Park and is fast becoming a new commercial, entertainment and residential district within minutes of downtown Miami.
Zaha Hadid’s 1000 Museum condo tower is under construction on the adjacent site to the north (gas station).
While the construction of 1000 Museum is driving some owners to sell (57 units on market, June 2014) over concerns of their view being impacted, this iconic building is going to be a positive game changer for the Brickell Wall over the next few years.
900 Brickell has had some challenges and construction defects to deal with these past few years, such as the closing of the pool, but it has many popular design features, some fantastic views, an impressive range of amenities, and attractive floor plans at the current price point of $511 per SF (YTD June, 2014).
With the addition of the $250 million Perez Art Museum and Frost Museum of Science, plus the planned Miami World Center and soon-to-break ground 1000 Museum, this location is clearly on the upswing.
BUILDING QUALITY +
RENT FRIENDLY +
DESIGN & EFFICIENCY +
PET FRIENDLY +
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UNIT SIZES 912 – 3,911 sq. ft (85 – 363 m²)
UNIT TYPES 1 ,2, 3 and 4 bedrooms
# OF UNITS 536
# OF FLOORS 64
# OF PARKING LEVELS 14
ARCHITECT Luis Revuelta
DEVELOPER Terra Archiplan Development Group, LLC
PET POLICY Pets allowed subject to restrictions.
24-Hour Concierge, Valet and Security
High-speed elevators with private key coding for each floor, and many units also offer a private elevator foyer
Over 20,000 sq ft of recreation deck with views of the bay and the city
Cabanas and whirlpool spa
State-of-the-art fitness center
Club room with full gourmet kitchen, large screen plasma TV
“Library” with sumptuous seating and original works of art
Screening room with 5.1 surround sound and seating accommodating for 50 guests
Signature restaurant and outdoor cafe fronting Biscayne Boulevard & prime shops at Boulevard level
After more than a decade of unprecedented public and private investment, downtown Miami has clearly turned a corner from what was once a strictly nine-to-five district into a 24/7 livable city. Since 2002, real estate projects with a value of close to $18 billion have been developed in downtown Miami, creating a strong base of commercial and residential development and serving as a magnet for new businesses and residents.
Downtown Miami is an urban residential neighborhood, and the central business district of the city of Miami and Miami-Dade County. Downtown is the historic, cultural, financial, and commercial center of South Florida, tracing its history back to the 19th century. With recent mass construction of high-rise residential buildings, several hotels and office towers, downtown continues to experience significant growth, with new shops, bars, parks, and restaurants opening up, attracting many new residents. According to the Miami Downtown Development Authority, Downtown Miami’s population has doubled over the past ten years and now has over 74,000 residents with a median household income of $70,800.
Downtown Miami is also the home of the vibrant Adrienne Arsht Center for the Performing Arts, American Airlines Arena, Perez Art Museum Miami, and Frost Museum of Science. The Perez Art Museum Miami is the new anchor of the 29-acre Museum Park overlooking Biscayne Bay and includes public gardens and sculpture installations. This vital downtown park is central to efforts to strengthen greater Miami’s momentum as an emerging global capital. A vibrant mix of green space and cultural offerings, in addition to the landmark new art facilities the park will also be the future home of the Frost Museum of Science.
In addition to the development and growth of the area in general, a massive $1.5 billion mixed use development dubbed “a city within a city”, the Miami World Center, is about to break ground. The mixed use development will consist of a massive 1 million SF shopping mall, 1,800-room Marriott Marquis Hotel, a 600,000 SF convention center, and three high rise towers with over 1,200 residential units.