Citadel Brickell Demolition Permit Approved

A demolition permit has been approved at a Brickell property reportedly owned by hedge fund giant Citadel.

According to the demolition permit, total demolition of a 6,000 square feet building at 1250 Brickell Bay Drive is planned.

A 12-unit apartment building on the site.

Citadel is also said to own the office building next door, and is planning an iconic headquarters tower across the street.

The demolition permit for the apartment building was applied for on September 15, and approved on December 19.

Yesterday, a contractor was attached to the permit.

Gerald Beeson is listed as a contact on the permit. According to Citadel’s website, Beeson is the COO.

1250 BB Asset Co LLC purchased the property for $20 million in August, county records show.

 

42 Comments
most voted
newest oldest
Inline Feedbacks
View all comments
Melo is sigma and Chad
18 days ago

How about some renderings

Anon13
18 days ago

Agreed. Hopefully we can see these soon!

Anonymous
18 days ago

I am curious which design was chosen from the design contest.

Anonymous
18 days ago

This will be amazing for Miami and Brickell! I think Citadel will also carve out room on the Bay for recreation, retail and dining. If we are going to build waterfront, that’s a smart way to do it. So excited for Citadel and its talented workforce to be joining us in Brickell!

Anon
18 days ago

I wish the city would mandate bay walk improvements before groundbreaking like many other cities do. It will be 7 years before this tower is built…

Bruno
17 days ago

How do propse that be done?
The City of Miami confiscates a person’s land?
As you wish for the Gov’t to take this guy’s property….how much do you wish for?
All of it? Why not?
Hey…if taking a little bit from someone else is okay…it must be great to just take everything, right?

Anonymous
17 days ago

Land use requirements for legitimate government purpose (sea level erosion) and egress/ingress.

It’s not confiscating. We require sidewalks don’t we? Land owners understand the public necessity.

Just enough to ride a bike, or sit.

Obviously not anything that would cause undue burden or constitute a taking. Anything within the owners interest.

No if we wanted “everything” we would move to a deserted island. People are in Miami because of the waterfront parks adjacent to the city.

Work with the owners to coordinate with owners plans. Maybe they want the same thing and happy to have the city support it?

anon
18 days ago

miami is dying because of all of these transplants. housing is unbelievably expensive and when the working class cannot afford miami they will leave and the rich won’t have anyone to provide for them.

Anon
18 days ago

Miami is not “dying” from transplants. It wasn’t dying when thousands of cubans flocked here in the last century and it’s not dying now. It’s called immigration and people of all socioeconomic backgrounds do it.

Let’s Get Ahead of Inflation
18 days ago

I feel your struggle. Even with a good salary people are cutting back.
Everyone is being stretched by inflation.

We need to lift wages and enact economic policies that increase wages and salaries for local full time employees or provide additional incentives exclusively for full-time residents, like decreased utilities costs, free wifi, and tax credits to local employers and workers.

Local Miami Perks
18 days ago

We should partner with entertainment venues. Those employed by local employers should get access to Dolphins games, restaurants and movies at discounted rates.

Disney used to give discounts to Florida residents, not sure if they do, but something like this, spearhead by the mayor and City.

Local Miami Perks

Jimmy crack corn
17 days ago

What commie drivel is even this lol. You just suggested what the Romans famously did before the collapse of their empire ‘free dolphins tickets and beer’ = free bread and circuses. NOTHING CAN BE FREE as long as there’s a cost for energy. You want free shit become a physicist and figure out nuclear fusion

Don’t Get Twisted Mussolini
17 days ago

It’s not commie, it’s smartie.

I didn’t say free. I said discounted. Florida locals are already paying for it, and created the infrastructure that out of staters use with out of state salaries that often double Florida salaries. That is driving up cost of living here.

It’s also a locals incentive to get people to relocate here rather than temporarily working remotely.

Haven’t you heard of local perks by private companies?

Bruno
17 days ago

There is so much factually incorrect and directionally wrong here, it saddens me.

Free DigitL Books
15 days ago

One of the best perks of living in NYC was the accesss to the entire digitized catalogue of books through the IPhone app… I was always researching something new and improving my knowledge.

Leading d
15 days ago

These ideals are not novel and they are happening now. It’s an opportunity to come with incentives that also bring in revenue. Like kids get in free at theme parks… maybe we can have locals free nihht at our art museums
Or historic. Museums
Or
Aquarium.

https://www.wfla.com/news/florida/busch-gardens-seaworld-offer-free-admission-for-kids-throughout-2023/amp/

Anonymous
11 days ago

The Perez Art Museum is free every second Saturday of every month. Please check it out if you haven’t already. It’s really a great museum.

Anonymous
18 days ago

Blame the banksters

Jimmy crack corn
17 days ago

You realize wage inflation is currently what is keeping us in inflation territory right? Everything you stated above is a source of inflation not a cure for it.

Don’t Get Twisted Mussolini
17 days ago

It’s more complicated than that, Jimmy Crack Corn. It’s actually artificial salary inflation of remote workers moving to areas with historically lower salaries. It seems those remote workers are getting all benefits of top-earning city salaries without the taxes of those cities, and then cost of living goes up for those with local salaries employed by Miami businesses.

I hear some even illegally or unethically work two jobs remotely without informing their employers, which is further inflating the market.

Bruno
17 days ago

Dear G-d.
The answer to inflation is wage growth?
And Govt spending for incentives??!

Federal Govt spending is not the solution, it is what caused the problem.

/B/
17 days ago

Your dashes deceive.

Anonymous
17 days ago

I believe everything should be earned in life. Didn’t mean government spending. I meant local discounts for services and goods being bought. It passes the cost onto part-time residents who can absorb the inflation and incentives growth because people will want to relocate here full time? I’m not an economic expert but trying to brainstorm…

Anono
17 days ago

Go live in Denver, or Atlanta with your pedo-enabler Warnock.

Anonymous
18 days ago

So Miami wasn’t dying during the crime wave in the 1970s and early 80s, declared bankruptcy in 1996, or when the market crashed in 2008, all when it was considered “affordable?”

Anonymous
18 days ago

The incoming residents are more than welcome…Miami needs some class

Alas Some More Class
17 days ago

Miami has always had class, it’s just now getting some classy company. Please remember, you aren’t born with class, but you can learn it, and you can lose it. We love to entertain in Miami!

Anon
17 days ago

Miami has been a bachelorette party city for some time now. I’m glad that is starting to change.

Bruno
17 days ago

Miami is dying?
Please provide the source.

Anonymous
16 days ago

As a recent transplant to this city I’m glad to see the influence, wealth, and forward thinking that is being brought here. This city could be so much better than it is but complacency, greed, and corruption have plagued this city for decades. It’s been reliant on the tourism industry and hasn’t been taking steps to attract other sectors of the market. The pandemic has helped revive this city and remote work has opened up the door for more people to move here. Cheap real estate is attracting businesses as well. I’d like to see more outside influence start to take hold in the local government. Miami needs to start acting like a major city and stop resting on its laurels.

Anonymously Grateful
15 days ago

Thank you Anonymous. Happy to see our ideas being recognized. We’ve observed the same sedentary vacuums in creative problem solving. It’s not that there are not great leaders. The leaders seem to be making valiant efforts, but they need help working together. It also helps to have the public share ideas with them in a constructive way (not the vicious character breaking we see on the national news) because the goal is to build each other and our city up.

Anonymous
18 days ago

If the Citadel complex is really built, the surrounding apartments should increase in value, especially the Jade (more luxurious) and the Brickell House (newer).

Brickell Luxury Underline
18 days ago

Also the area in Brickell around the Underline just east of I95 will skyrocket, with new developments going up and more employees looking to live walking distance to Office towers in Brickell without a car or crossing a bridge.

Anonymous
18 days ago

Finally! This apartment building should have been gone long ago.

Anonymous
18 days ago

Good riddance. This should have gone, and not the former historic Dr. Jackson Residence that was associated with the office now housing the Dade Heritage Trust.

Anonymous
18 days ago

What do we think is timing for the start of construction? Couple years away?

Anon
18 days ago

A few years plus 5+ years of construction. It will be 2030 before this bad boy is finished in it’s entirety.

Anon13
18 days ago

I would wager they keep the pace moving. But it’s still a 5+ year project.

Anonymous
18 days ago

👋👋

Monica
17 days ago

What happens to original owners???

Anonymous
18 days ago

this is for a sales center contruction

Anonymous
17 days ago

The next Enron coming to Miami…yay! Citadel is going to do down in history as the culprit for the inevitable recession. A market maker who front runs every trade with their Hedge Fund with PFOF. Whatever value they bring to Miami real estate, it is at the expense of millions of retail investors and companies they naked short into non-existence. Miami should know who is coming to town.