One Thousand Museum Developers Close On Pawn Shop (Updated)

Developers behind the Zaha Hadid-designed One Thousand Museum tower have closed on the purchase of a pawn shop that makes up part of the development site.

Records show that 1000 Biscayne Tower LLC paid $3 million for the 4,000 square foot parcel. The sale closed on June 23.

1000 Biscayne still hasn’t closed on the adjacent 32,200 square foot property where a BP gas station is operating. It also isn’t clear if the gas station will require environmental remediation. Earlier this year, the developers had said that they were planning to break ground in June.

One Thousand Museum will feature 83 units in a 62-story tower. The FAA has approved a 706-foot height for the building.

UpdateConflict Over BP Gas Station, Site Of One Thousand Museum

Previously: Pawn Shop Added To One Thousand Museum

 

 

 

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Laz
7 years ago

IF they just closed on the pawn shop and they havent closed yet on the BP station what parcel did they have to begine with? i think its only those two unless there is alley back there.

Anonymous
7 years ago

From the first rendering, I assume this is getting built in the middle of the Everglades?

XVS
7 years ago

No,it must be a palm plantation in Malaysia or Indonesia. Everglades don’t have those.

Anonymous
7 years ago

It s going to be built in Downtown Miami

XVS
7 years ago

Do they have a contract to buy BP parcel?

Afrp
7 years ago

I live in the area and go to the BP All the time. The Station operators said they sttill away from closing down their business,.. Even more, they r hiring more staff.

XVS
7 years ago

I never heard of the developer designing the building and selling units in it without owning the land first. Must be the first…

Jimbo
7 years ago

Welcome to Miami

Anonymous
7 years ago

No, that is not unusual at all. Very often land is put under contract with closing continent upon. … You name it…. financing, pre_sales, zoning change, etc.

Anon
7 years ago

I was under the impression that the original developers of 1000 museum recently traded out of the deal. I imagine any new acquisitions are the new owner.

Afi K. James
7 years ago

Perhaps rick harrison could expand his famous World Famous Gold & Silver Pawn Shop right here.
even though the defunct tru tv series cash dome is in miami.

Jimbo
7 years ago

I am a fan of Zaha and her work, but this does not excite me at all.

Michael
7 years ago

That building is one of the ugliest building I have ever seen. It looks like a gigantic vagina………..

Marc
7 years ago

Really? Thats one strange vagina then.

IThinkALot
7 years ago

Did they convert to contracts or is it still in “reservation”