1,200 Rental Apartments Planned At S&S Diner Site

A twin-tower project called Miami 18 is in the planning stages at the S&S Diner site by Israeli and Chinese developers.

The developers completed the purchase of the property on June 1 for $36 million. ASRR of Israel, CNMB International of China, and G-Resources of Hong Kong each own a third.

According to documents filed with the Tel Aviv Stock Exchange (first reported by The Real Deal), the project is expected to include:

  • Two towers, rising 60 and 40 stories
  • 1.7 million square feet of space
  • 1,200 rental apartment units (some workforce housing)
  • 500 hotel rooms
  • 350,000 square feet of rental office space
  • 25,000 square feet of retail

ASRR’s share price has risen over 30% in Israel in the past year.

 

the padel courts are excluded from the land assemblage:

 

 

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Anonymous
4 years ago

This is good news.. time to start beautifying the west side of Biscayne.

Melo’s and new Canvas Building are going up.. need Emilio Estafan to begin his project on 14th Street also.

Anonymous
4 years ago

Awesome to see the demand for office space. Seems like the area is truly developing into a well-rounded neighborhood.

Anonymous
4 years ago

Much needed and a welcome addition to the urban core!

Flymia
4 years ago

I don’t know if I would say its “needed” as in the supply. But I agree, this is a great addition for the location. Would love some Metromover expansion in the area.

Anonymous
4 years ago

Needed in the sense of workforce housing and rental units!

Anonymous
4 years ago

Metromover doesn’t need to be expanded, rather pleasant pedestrian environments should be encouraged for connectivity to the stations as the area is redeveloped.

Marc305
4 years ago

“Metromover doesn’t need to be expanded” … Really??Thankfully most of Miami and its commissioners disagree with you and will expand the Metromover into South Beach and Midtown.

Anonymous
4 years ago

Why would you expand it a couple blocks, which is what I was implying… Also, the Coastal Link will serve Midtown. Metrorail should have been expanded into Miami Beach instead, because it can handle more capacity. If people were so concerned about cost, we’d get an even more half-assed option in the form of BRT.

Anonymous
4 years ago

Coastal Link is never going to happen.

Anonymous
4 years ago

The same was said about Brightline. It’s more realistic to use existing infrastructure compared to the assumption any new transit will happen.

Anonymous
4 years ago

I’ve said that the entire area from the arts and design district, Wynnwood, and the rest is going to have to have an additional tens of thousands of new dwellings with people to support these new malls and the other expected retail and restaurants, plus museums and the expected new entertainment venues that will be flooding the scene to make all of this a true work, play, and stay environment.

Anonymous
4 years ago

* 2000 Parking Spaces

Yet Another Anonymous
4 years ago

At this size that would still only be about one per unit, so it might even have more than that :/

Marc305
4 years ago

I ate at the S&S Dinner many times, always affordable and always good. I read that they were moving to a new location on Biscayne Blvd I had hoped it would be in the lobby of a new building but it is on a small strip mall that I am sure will be converted into another high rise soon enough. Oh well, this project looks good, I hope it will help transform the area east of the Cemetery, there is already construction to the south and west of it.

Anonymous
4 years ago

You mention the project looks good, from the numbers above, or have you seen plans or renders as well?

Anonymous
4 years ago

Hope DTT take the appropriate previsions for the future traffic , not only for this project but for all on the pipeline and future ones ………..

Anonymous
4 years ago

Why, will the increase in traffic hinder you?

Anonymous
4 years ago

What’s the point of this question?

Anonymous
4 years ago

What’s the point in hoping something that the DTT already realizes?

Anonymous
4 years ago

The architecture better be good. With all the vacant lots and surface parking in Town Square/Omni, this block was one of the last which should have been redeveloped. It used to have a church and the architecture and scale is very reminiscent of old Miami.

Anonymous
4 years ago

“The architecture better be good.”

But, isn’t “good architecture” a matter of opinion?

Anonymous
4 years ago

Okay, no irregular window patterns, giant boxes, and parking pedestals killing any potential activity on the street.

Anonymous
4 years ago

Architectural design can and should be objectively reviewed before approvals. No it’s not only a matter of opinion.

Anonymous
4 years ago

Should be oughta be better be blah blah blah….

Do you realize that the Fountainbleau on Miami Beach was bashed mercilessly before it achieved the distinction of being one of the most architecturally renowned buildings in the world?

Again I say, “isn’t good architecture” a matter of opinion?

Anonymous
4 years ago

Who said anything about wanting “one of the most architecturally renowned buildings in the world?” Is asking for something which isn’t a cheap and nasty mess too much to ask? What happened to the Vitruvian rules of architecture which gave us great cities with great buildings?

Anonymous
4 years ago

You really don’t understand it when someone is making a point, do you? Every plan and “Architectural design” is objectively reviewed by an Urban Design and Review Board in Miami, and then it goes to another Board, and then another Board before it gets a final approval from the city of Miami Commission. If they think it’s “good architecture” then that’s their opinion whether we like it or not.

Anonymous
4 years ago

Obviously something is wrong when crap like Centro and MyBrickell are approved. Apart from making sure it meets code, the boards are relatively toothless, even if a couple members who know good architecture dissent.

aceraroja
4 years ago

“The architecture better be good.”

It will be a giant horrible podiumized blob of cement like almost everything else. Miami is all vertical suburbs. RIP yet another block of cute human-scaled buildings.

Anonymous
4 years ago

Yeah, I’ll share a tear for every one of these “cute human-scaled buildings” every time they knock one of them down.

Out with the old and boring and in with the new, taller, and a more eye pleasing replacements.

Anonymous
4 years ago

I’d agree with you if the replacement is better, but after years of seeing Miami’s charm and grandiose replaced with parking lots, flea markets, and boring or ugly condos, we should be skeptical. The only acceptable sacrifice I can remember was the Fort Dallas Hotel for what is presently the Miami Tower.

Anonymous
4 years ago

Dallas Park Hotel*

Anonymous
4 years ago

usually im suspicious about the reality of this size of a project actually happening…but this asrr has assembled powerful people to invest in this…gonna get done… good for area…hope its visually good to look at…

Anonymous
4 years ago

isreali,and two chinese groups of investors…did we run out of the normal streams of money launderers?? no brazilians,colombians,russians,turk,etc…and how many visas are the chinese applying for after the 50 people are employed on this project??but on the positive side all these apartment investments will glut the market with 1k+ apts and we will see if the demand and bad miami pay scale can afford these units..rents might drop..

Anonymous
4 years ago

Rents have already been dropping in 2017

Anonymous
4 years ago

I say build, build, build

B Dub
4 years ago

New S & S already packed on Sunday mornings.
Hope Mignonette can find another space nearby.

Anonymous
4 years ago

didnt moishe manas little wynwood centre mixed use concept rely on more chinese investors..i know of a few developments on biscayne around 79th street(old immmigration building,and a trailer park)that are sitting there festering waiting for the golden shovels of their chinese investors