Catherine Rodstein Blog   Real Estate Blog

Miami's burgeoning array of improvements and mind blowing New Developments are still in full force. This week Miami commissioners signed off on a 99 year lease on the city's bay front land with the Bayside operators, General Growth Properties, and future Skyrise developer Jeff Berkowitz. They unanimously approved the expansion and refurbishment of the bayfront retail and entertainment center, Bayside Marketplace. In addition, Berkowitz was approved to build Skyrise, a $400 million hairpin-shaped 1,ooo foot tower just beyond Bayside's bayfront promenade. Skyrise is comprised of three observation decks, a fine dining restaurant, ballroom, nightclub, a store, and three theme park style rides.

The cut of gross revenue to the city from both Skyrise and Bayside could be as high as $293 million by 2060. In order to build the tower and improve Bayside, voters need to approve the referendum on Aug 26 in order to commence.

Bayside is steps from Downtown Miami's American Airlines Arena, Perez Art Museum, and numerous upscale condominiums including Vizcayne, 900 Biscayne Bay, One Thousand Museum, 50 Biscayne, and Ten Museum Park to name a few.

 
LEAVE US A COMMENT:
 
Security Code:
Confirm Security Code:
Search in English
Search in Spanish
Search in French
Search in German
Search in Italian
Search in Portuguese
Search in Russian
Chinese
Miami New Developments The Miami Life

Listing with Catherine Rodstein Real Estate How is the Market? What's my Home Worth Today?
Miami Waterfront Homes Miami Beach Rentals Penthouses Miami Investment Properties
Resource Center
Updated: Thursday, August 13, 2020

What Should You Know About Vir...
The pandemic is still going on, despite most states being in some phase of their reopening p...

Tips To Make Your HOA Newslett...
Focus on Building Community. Get HOA members to become participants rather ...

Copyright ©2020 - Realty Times®
All Rights Reserved.