Mystery Waterfront Brickell Property In Contract For $100 Million

An unidentified Brickell property is in contract for $100 million.

An executive from a real estate investment firm told Brian Bandell that his firm provided a $5 million deposit. The property is said to be on the water, and a mixed-use project could be built there.

One possibility is Tibor Hollo’s 2.5-acre Villa Magna site. Last month, Hollo received a favorable opinion from an appeals court over a deposit placed on the site by Spanish developer Grupo Prasa.

Other waterfront properties in Brickell that are potentially in play are the Waterside  property and Joseph Chetrit’s Miami River Project.

 

 

 

 

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Obviously
6 years ago

My bet is on the Villa Magna site.

Edin Coralic
6 years ago

Vllla Magna site is the future site of the Miami tallest building.(1100 feet)

Marc305
6 years ago

I agree with Obviously. Which means that a lot of people at “The Mark” and at “Jade”, and at “The Club” will be loosing their view real soon. Those are the brakes of living in Brickell. I know my day is coming soon too.

marc
6 years ago

Real soon is relative.

Where's the park
6 years ago

In 2008 Tibor Hollo promised to put a temporary park on the Villa Magna site. Residents are still waiting…

Anonymous
6 years ago

Why cares what he does with his private property! Its crazy for someone to be asking where is my free park from a property owner.

NeimanRNemenlos
6 years ago

Park…..achoo ‘ing lot. He meant parking lot.

please
6 years ago

please, with your free parks. you probably don’t even use the one that’s around the corner from your apartment. he had to move parking from his office building to this site for the construction of panorama.

Obviously
6 years ago

Remember, when these people are talking about parks, they are not desiring parks for themselves, they’re looking out for their poochies.

Tibor got a huge photo op
6 years ago

Tibor Holo promised a free temporary park. No one put a gun to his head. Once he got a boat load of free press and once the TV crews left he took back his offer of a free temporary park. By the way, the Villa Magna project might have been the ugliest design ever to hit Miami.

FactsStraight
6 years ago

You are incorrect. The mystery site is not the Villa Magna site – Tibor Hollo would never consider selling that location for only$100MM. The correct site is 431-451 S. Miami Avenue.