Hollo Signs Agreement Calling For Villa Magna Construction Within A Year

Tibor Hollo signed an agreement with the county last month stating that ‘time is of the essence’ to begin work on his Villa Magna project at 1201 Brickell Bay Drive.

Hollo’s newest plans for Villa Magna include 1,208 apartment units, 20,050 square feet of retail space, and 14,450 square feet of restaurant space. The land is currently used as parking for the 1101 Brickell office building, after Hollo demolished a parking garage there to build Panorama Tower.

Construction on water and sewer facilities for the project must begin within 365 days from the date of the agreement, July 1. A full complement of workmen and equipment must be engaged in construction at the site. Should work fail to begin, a deal to provide water and sewer to the site will be deemed null and void.

 

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miami1
7 years ago

Which design is Hollo going to go with? Any ideas…

Anonymous
7 years ago

the design might be pretty but for sure the construction and materials are going to be cheap and awful, like the others projects he has built…Opera, and the ugly box of concrete across the Villa Magna site!!

Anonymous
7 years ago

lol exactly

Ed
7 years ago

Being in the twilight of his career, I think if Mr. Hollo really wants to leave a lasting legacy, he should donate the Villa Magna site as a park. Then he will truly be remembered, rather than the massive, sub-par and forgettable properties that his company has built.

Anonymous
7 years ago

So that the smell of urine and feces be in the park, really we have The beautifully water front park in downtown we just need that people move they feet and walk a couple of block,

Al Czervik
7 years ago

Independent of what Mr. Hollo does with his property, he will be remembered as a gentleman and a champion of Miami.

1,200 people will live in a building that he builds….EVERYDAY, rain or shine. In those 1,200 apartments EVERY single one will pay property taxes. Those taxes will pay for our schools, roads, police, fire, libraries etc. (@ $500k each. pay approx. 0.0256 milage = $12,800 PER YEAR per unit. 1,200 x $12,800= $15,360,000 PER YEAR. that’s approximate, and we know the average price will be more than $500k)

A park pays ZERO. A resi building pays $15.36 M per year.

It would be nice if Mr. Hollo started a school to educate silly commies who think that people should donate their private property as a park, and think that is a better idea than economic development, freedom, and liberty.

marc
7 years ago

Luckily enough Hollo lives in a country where he has the freedom to donate his land or develop it.

Anonymous
7 years ago

And those 1,200 people living in that building will be like a big family and will share conversations and other more private noises due to the POOR INSULATION that cheap material will provide…. Ask any one who lived in one of his buildings!!!!!!
(:-)

Anonymous
7 years ago

Lol you’re funny

Ed
7 years ago

A shame as Mr. Czervik’s post is all about money and greed…..

Great communities aren’t built about how many people you can pack into and how much they pay in taxes, but about the quality of life people in those buildings have and access to green space…especially in Miami which has among the fewest parks of any major city in the US.

A park pays zero he says? Fat chance. People want and DEMAND parks and access to them improves property values many times over. I’d hardly call that ZERO.

Neiman R
7 years ago

Preaching for parks on a site focused on real estate development… funny.

Ed
7 years ago

Not seeing the importance of green space for new and existing developments….even funnier

Gared
7 years ago

Missing all the green space,disregarding the Everglades NP and Biscayne NP,the only solution is moving to Montana,lots of green there.

Juan Carlos Contreras
7 years ago

Brickell certainly needs more park space, and Mr. Hollo would be extremely appreciated by Miamians if he donated the land for a park, but that’s not going to happen.

A more likely alternative for a park in Brickell is the retrofit of Brickell Bay Drive south of Brickell House. Landscape Architects Mr. Thompson and Ms. Ozer had some pretty simple and incredible designs for the road which would be amazing for Brickell.

More info here:
http://miami.curbed.com/archives/2013/10/30/landscape-archs-propose-parking-bay-front-brickell-street.php

Reality1
7 years ago

Downtown Miami has enough parks with prime bayfront views. Bayfront and museum park are less then a Mile away. Margaret Thatcher park is close by. Jose Marti Park, Southside, and Simpson park are located more inland.

I visit all of these parks and can say that they are all barely used unless there is a special event. It would be a waste of space for another park.

Anonymous
7 years ago

How about we demo your house and make a park for your neighbors?

Anonymous
7 years ago

Ed, remember that communism is only fun until they come for you.

Ed
7 years ago

Who said anything about taking anything? I suggested DONATING THE PARK. Try to actually READ my post next time.

Someone is getting their panties in a huge bunch!!! Could it be the developer or himself blogging here??

XVS
7 years ago

Ed, how much stuff did you donate and what are you planning to donate in the near future? You are going to die too, you know…I am not trying to make fun at your expense, I just really want to know how generous you are.

marc
7 years ago

Has some of you here not heard of a term called philanthropy or an act of altruism? Jeez, we have some dense ones here. I’m for development and adding something beautiful to the Miami skyline but its fine for others that live in that area to desire greenspace in a dense urban location. No need to bring up communism. Nobody is saying take the land away from its owner.

Anonymous
7 years ago

Ok the people think Ed should donate his house and make a park for his neighbors.