PMG Is Buying 400 Biscayne Development Site

Developer PMG is in contract to buy 400 Biscayne.

An executive with the developer told The Next Miami that the First United Methodist Church currently on the site will be rebuilt as part of the deal. The remaining details of the new project are still being hammered out, he said.

Zoning permits a project with up to 80 stories, and as much as 1.8 million square feet of FLR, according to a flyer from the selling broker.

The property is one block north of PMG’s 300 Biscayne development site. PMG is planning to develop a 1,049-foot luxury condo tower there, and recently topped a 464-unit apartment tower called Vice.

 

(photo: phillip pessar)

 

300 biscayne:

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Polo
3 years ago

Great news, PMG get things done with top notch towers (Muse, Echo, etc.).

Anonymous
3 years ago

So they got 300 and soon 400. Make it good PMG. From your other works, I already know it will be.

Anonymous
3 years ago

I agree for the most part, but their Las Olas Riverfront redevelopment looks awful. I understand you all don’t care about Fort Lauderdale anyway.

Anonymous
3 years ago

Jesus Christ man nobody in Miami has time to sit around and whine about Las Olas Riverfront in Fort Lauderdale like you!

miami1
3 years ago

We don’t…

Anonymous
3 years ago

What a shame. If only you knew what looking at the “big picture” meant, because things could be so much better. Everything between the three counties in South Florida is so disjointed because of your elitist, douchy mindset.

Anonymous
3 years ago

FYI, this was a reply to the Anon who called me “man” and miami1.

Anonymous
3 years ago

Hey SFB, this site is called “THE NEXT MIAMI,” get it? got it? good.

If you wanna talk about Fort Lauderdale or West Palm Beach, you’re on the wrong site.

Anonymous
3 years ago

Okay smartass, then why is “Broward/Palm Beach” a subsection. Still, coverage is rare, so it might as well be taken off.

Anonymous
3 years ago

Look, The Next Miami might throw a bone to Broward/Palm Beach every now an then, but still, this is a site for Miamians and built to talk about what’s coming Miami’s way…Got it?!!!

You deal with your snobbish neighbors on the northern side of your Broward County line, people in Miami don’t have time to think or worry about them.

Cicero
3 years ago

Thanks for understanding.

anonymous rex
3 years ago

Didn’t know they had to rebuild the church

Anonymous
3 years ago

We’re going to lose Downtown’s best homeless shelter, piss area, and trash dump. Sad!

Marc305
3 years ago

Lol, I see what you did there.

Anonymous
3 years ago

Fantastic to hear that another PMG product is in the works! Echo Brickell is a game changer and I can’t wait to see what they build on this run-down site.

Anonymous
3 years ago

PMG needs to finish the crown on Echo Brickell and give it that look we’ve all been waiting to see.

Anonymous
3 years ago

There is always a church that own prime real estate no matter where you go.

Gene
3 years ago

They were there first. Great to hear they will still have a presence in the area. Churches, temples and mosques are all part of a neighborhood – can’t be just banks and clubs.

Anonymous
3 years ago

Bring Nader’s museum

Ryan
3 years ago

That stupid 70’s holiday inn between 300-400 needs to die.. Like yesterday

Anonymous
3 years ago

1950s actually, specifically 1950 as the Biscayne Terrace Hotel. Some of the original sign was actually uncovered when the adjacent Southern Bell building was demolished. Either way, I agree with you because Miami had no a problem with demolishing the legitimately historic Everglades or the Alcazar Hotel from the 1920s, but seeing this still standing makes my blood boil.

aceraroja
3 years ago

Wow imagine how majestic the parkingscraper planned for this prominent lot will be, if Vice is any example! 50 stories of parking, my god Miami is truly the greatest of cities.

Anonymous
3 years ago

People talk about condo buildings being a game changer as if they’ll ever step foot in one. These are just security deposit boxes for foreigners lol

Pat
3 years ago

Or as if the community as a whole will reap the benefits of the millions of property tax dollars EACH building will contribute to the local economy ANNUALLY.
People talk about condo buildings being game changers, because they are.
Even assuming the irrelevant premise that 70% (or whatever) of downtown Miami condos are foreign owned, the property tax assessor will still collect taxes annually…maybe more more from the foreigner if he does not claim a homestead exemption.
These new condos are a very important part of neighborhood growth and development.