Foundation Pour For 31-Story Yotelpad Completed With Over 95 Percent Of Units Sold

A foundation pour for downtown Miami’s 31-story Yotelpad tower was completed over the weekend, and vertical construction of the tower will now begin.

The pour took place on August 10 and lasted seven hours. Contractors needed about 110 cement trucks and 1,100 cubic yards of concrete to complete the pour.

The sales pace at the tower broke records for downtown Miami, developers say. Sales reached 50 percent just six months after the project launched, and over 95 percent of units are now sold.

Buyers will be able to rent out their condos on a short term basis. Units are also small and relatively affordable (ranging from 417-square-foot studios to 708-square-foot two-bedrooms), making them popular.

A total of 231 residential units are planned, in addition to 222 hotel rooms. No parking garage is being built.

Aria Development Group and Kuwait’s Aqarat are the developers. Beauchamp Construction is the general contractor.

Completion is scheduled for 2021.

 

 

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Anonymous

It’s not the most attractive building but the project penciled out and makes sense for the area. Glad they made it happen.

Anonymous

It looks way better than anything Melo.

Anonymous

You’re so eloquent…

Anonymous

> No parking garage is being built.

wooohoo

Anonymous

Great to see that hole filled in.
It will help revive the area.
Push some homeless out

Anonymous

Will they improve the underline there or will it be dead off limits especially because of that building?

Anonymous

This building is next to the Metro-mover, not the Metro-rail.

Anonymous

I guess I should wait till the metro rails underline is finished before I hope for the metro movers underline

Anonymous

To have two Metro-mover trains that close together means that they’re running at least ten seconds behind each other.

Anonymous

The one with the white headlights is coming toward the viewer. The one with the red taillights is going away on the other track.

Anonymous

Good catch.. my bad, didn’t notice the lights.. thanks!

Anonymous

Sooo, do they have plans for the parking lot next door that have their offices??

Anonymous

F U and your no Parking garage, you obviously dont want people that work in the top employers in miami

Anonymous

…building units are affordable to most Miamians… 95%+ sold out
…building units are NOT affordable to most Miamians… hard time selling more than 40%

I feel like there’s a trend here… I just cant seem to figure out what it is… hmm oh well… maybe I’ll figure it out soon.

Anonymous

No parking garage? Then what’s with the pedestal?

Anonymous

Where is the pedestal?? Having two color tones makes it a “pedestal””” ?

Anonymous

It’s to make New Yorkers fill at home.

Anonymous

I thought it was mixed use with a prison at the base.

305

Yup, the podium looks like a parking deck.

Anonymous

I know right?! It must have random window and balcony placement, assorted sheet metal, and a ghetto mural! /sarcasm