Aston Martin Residences Set To Complete Piling This Month, Foundation Pour Soon

Aston Martin Residences’ developer has announced an updated construction schedule after securing $200 million in financing from an affiliate of Itaú Unibanco, the largest financial conglomerate in Latin America.

Piling work is set to be completed this month, according to German Coto, CEO of G&G Business Developments.

“We’ll complete the piles this month closely followed by excavation for the mat foundation. Then one of the most reputable concrete contractors in the USA will pour the foundations. Although we are already well underway with construction, we viewed the financing as a great business opportunity and a vote of confidence in the quality and potential of the Aston Martin Residences from the financial community,” Coto said.

Vertical construction is set to begin in July 2019, which Coto called an “exciting milestone.” Completion is scheduled for 2022.

“I’m delighted that together with Coastal Construction, our general contractor, will have already secured 70% of our construction plan,” Coto added.

Over 40% of the 391 residences and penthouses are now sold. Prices range from $750,000 to upwards of $50 million.

The 66-story tower will top off at 816 feet above ground. In Florida, only Brickell’s Panorama Tower is now taller at 868 feet above ground.

Revuelta Architecture and Bodas Miani Anger are the architects.

 

24
Leave a Reply

  Comment Notifications  
newest oldest most voted
Notify of
Anonymous

Can’t wait to see it finally rise!

Anonymous

Nope, just like the Flatiron building in Brickell, I won’t believe this will get built until I actually see it in Miami’s skyline!

I hope this denial appeases the naysayers who come to this site and doubt everything just for the sake of doubting.

Anonymous

LOL – I see what you did there 🙂

transplant

Love how the East side opens up to the public on both sides. Flows much easier and better than the Epic tower, which feels much more isolated.

Anonymous

It doesn’t help how a chunk of Epic fronts the Biscayne Boulevard Way with a bloody service door on the world’s ugliest beat-up ledge. Like, it couldn’t have been in the adjacent parking garage entrance?

transplant

Very true. They didn’t have the vision. The feel of a city is often determined by that first floor and how it fits within the pedestrian experience.

Anonymous

Epic was originally going to be two towers, with the second tower on the site of the now Aston Martin tower but the second tower was scrapped when the economy tanked. The worst layout (in my opinion) goes to the JW Marriott Marquis building whose parking garage is actually on the building where the Whole Foods is located. At any time of the day you can see the valet attendants running to the Whole Foods building and speeding around the block to get the car back to the JW Marriott entrance.

Anonymous

Most beautiful and exciting tower in all of Florida

Anonymous

Traffic choke point is going to get even worse…

Anonymous

Traffic around this project has been ideal!

Anonymous

Is this going to be loud? These Aston Martin builders have no respect for the people living around them, they will start at 4am if they are allowed to and go until 10pm. Absolutely disgusting the way they do their construction with thousands of people trying to sleep and live around them.

Anonymous

It’s a downtown in a major city… you want quiet….. don’t live in a downtown setting

Anonymous

at 4am on a Tuesday I think it is reasonable to not have hammering and giant machines running. Sorry you can’t afford to live in a downtown area and thus don’t know what its like.

Anonymous

I guess in his opinion, all the vehicles used for construction of this building should be electric and the hammers and other tools used made of rubber and foam.

Anonymous

OP never said anything like that.

Anonymous

Tell that to the whiny suburban explorers who moved downtown and whined about Ultra, nightclubs, Formula 1 racing, and every other music related issue…..all the issues that make the actual city of Miami(not Miami Beach) exciting and a destination.

Anonymous

Not to contradict you, but I work for the city and the permits for construction start at 6 a.m. if someone is starting at 4 a.m. you have a right to file a complaint with the city.

Anonymous

We did, they finally were forced to not start until 8am, doesn’t mean they didn’t operate before hand before. Now they just go throughout the night. I live in a city not a construction site. Do all the noise you want 9-6 when everyone is at work.

Anonymous

Sorry to contradict you. Lots of people downtown including myself work nights and graveyard shifts. I also live downtown, have to deal with sleeping in broad daylight. Don’t know what kind of windows and doors you have in your bldg but I’ve learned to block what little noise there is…

Anonymous

……………..you must be real fun at parties.

Anonymous

Actually, I’m not.
There again is the contradiction…

Anonymous

That means you are a reasonable person.

Anonymous

You might want to look at apartments in Key Largo. Nice and quiet.

Anonymous

That is what you get for living in the city….get used to it or have a seat and be quiet.