Related Sees Surge Of International Buyers, Will Launch 60-Story Casa Bella

Related is about to launch sales for a 60-story tower called Casa Bella, according to broker Michael Light.

The developer is seeing a spike in demand for condos from international buyers now that borders are reopening, a Related representative told The Next Miami.

Casa Bella will be built at 1400 Biscayne Boulevard.

The new tower will include over 300 condos, with 6 units per floor. Each condo will have private elevator access, with interior design by Pierro Lissoni.

The unit count, layout, and interior design sounds nearly identical to the Arquitectonica-designed Auberge tower that was previously approved for the site, so Related is likely simply reusing those plans.

Related has approval for a total of three towers with 1,430 residential units and 1,629 parking spaces at 1400 Biscayne, all connected by a podium. Two of those towers would be around 60 stories, with a third at around 50 stories.

Related says that they are now experiencing a surge of international buyers at their nearby 75-story Baccarat Residences and 37-story District 225 projects.

International buyers now represent 50% of sales at those developments. Earlier this year, domestic buyers represented 80% of sales.

The jump in international buyers is expected to rise even further now that borders are reopening to vaccinated travelers on November 8. There is “pent-up demand,” Related said.

 

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Anonymous
1 month ago

Love the location of this tower. Views of the bay, the iconic bridge, Arscht Center and a Metromover station.

Anonymous
1 month ago

Might honestly provide the best views of the city. Great location

Anonymous
1 month ago

this is a good looking building….and its a good location as well….should sell out pretty quick…

William
1 month ago

Great infill high density location. Across from the big bus and mover station, the Arsht Center, and super close to highways. People can put down Related all they want, but they certainly are delivering projects and they are selling out. GO MIAMI!

Anonymous
1 month ago

International buyers are good, illegal aliens are bad.

Anonymous
1 month ago

Nobody is talking about undocumented people here. Save it for the Trump rally.

Your mom
1 month ago

Illegal…aliens…

Anonymous
1 month ago

They’re worse than illegal aliens. Buy up all our condos all-cash and price out actual Miami residents who may need financing. Many don’t even ever step foot in their condos, thus do not support the local economy at all.

Anonymous
1 month ago

Then they’re paying property tax without using the services… Einstein

Anonymous
1 month ago

“They’re worse than illegal aliens”

Illegal aliens
Can’t pay medical services and they overcrowd emergency departments and tax payers swallow the tab, since we can’t refuse medical care
They work for lower wages, affecting work force of people that are legal
They overcrowd school system, that is already bad as it’s !
They don’t pay taxes
They send most of the money back to their countries, that won’t help the economy
They over use the welfare system
Some of them are hard workers but some come here to live out the government help
Some of them vote in elections, together with people already death
By coming illegally the are victims of human trafficking, child and women abuse
They are a source of money for cartels and are used like mules to bring drugs

So in a way, a rich South American with an empty apartment paying property taxes is much better than illegal aliens 🤗

I’m a legal alien, that wait my time to get my residency and now a proved citizen that pay taxes!! 🤗

Anonymous
1 month ago

“Some of them vote in elections, together with people already death”

I knew it, I knew it, dead people are walking around!

Anonymous
1 month ago

It’s called outdated voter rolls. You also have votes with residence registrations at vacant lots. Of course, our elections are totally secure after four years claiming Russians hacked it, screwing up a primary in Iowa, and doing nothing for securing it, rather ignoring laws because “muh COVID.”

Anonymous
1 month ago

Funny but none of that is a problem as long as republicons get elected.

Anonymous
1 month ago

Insults when the argument is hard to debate is the only tactic for the victims of Trump Deranged Syndrome…. The ones that think they veggie in the WH is doing great !!

Anonymous
1 month ago

Instead of insults … you should sponsor and pay for a whole family of illegals aliens …. But so far I haven’t seen anyone that agree with leftists open border policies, doing so !! 🤗

Anonymous
1 month ago

Show me a Democrat that has taken a family from the border and supported them, and I will change party affiliation !!! 🤗

Anonymous
1 month ago

How can an ilegal alien use the welfare system and live out of government help? 🙄

Anonymous
1 month ago

Don’t blame him. He’s just repeating his cult leader’s lies.

Anonymous
1 month ago

Let me guess: By “I’m a legal alien, that wait my time” you mean you came here as a beneficiary of the wet foot dry foot policy, wherein we had no need for you other than to weaken your homeland’s government. Got it.

Anonymous
1 month ago

Wow…
A $500,000 condo will pay +/- 2% of the purchase price ANNUALLY in property tax.
Sooooo…..if ONE international buyer, buys ONE $500k condo and “never sets foot in the condo” for 5 years, then that ONE buyer will have paid

$50,000 in property taxes.

40% of Property Taxes go towards local schools. (if this buyer doesn’t step foot inside, they probably are not using up any space at the public schools).
60% of Property Taxes go to parks, police, fire, Bond payments for Better Museums, etc etc.

People who do not step foot in their condo, presumably do not call the fire department much. They don’t litter. They don’t ask for free healthcare, or take ambulances. They don’t clog up the MetroMover, the parking spaces, the highways, or anything.

Imagine if there were more than ONE of these “worse than illegal aliens”….like 100 of them…that would be $5,000,000 Property Taxes paid for using nearly no services themselves.

1,000 International buyers = $50m to the community.

Good job Related, keep hiring architects, construction workers, Realtors, valet parkers, Landscapers, Pool cleaners, window cleaners, elevator installers, package room attendants, marketing professionals, property managers, waiters, and pool attendants to build and service these buildings. Make an entire building FULL of international buyers.

Hopefully, there will be enough tax dollars for public schools so that high schools can add basic Economics classes to the curriculum and help these kids learn to think critically.

Anonymous
1 month ago

You must NOT have a life, how sad!

Anonymous
1 month ago

Dude
You nailed it

Anonymous
1 month ago

I love when people do not think before writing and expressing how dumb they are.

Anonymous
1 month ago

International buyers referred to by Related are not illegal immigrants. These, if they had $1 million or more to invest in a class-A apartment on Biscayne Blvd, Brickell or Sunny Islands, would not come to the US illegally International buyers visadods pels Related are Latinos already financially stabilized in their countries, who are looking for a safe market to invest their reserves and have a nice apartment to spend a few months a year in Miami, spending in the city what they earned in their respective countries. I have many Brazilian friends who do this. They make money in Brazil, invest and enjoy life in Miami. Therefore, this international buyer brings many benefits to Miami.

Anonymous
1 month ago

until the crash the market by deciding to sell units below cost simply bc they can afford the hit and want their capital back. They also don’t do the best as screening renters bc the companies they hire to manage their property usually suck. I’ll take domestic buyers any day over international ones.

Anonymous
1 month ago

Let’s hope there’s no artifacts on this property.

Anonymous
1 month ago

word is they found a bag of OLD Pokemon cards.

Anonymous
1 month ago

If it is a Related product, it means poor quality and poor finishes!

Anonymous
1 month ago

Casa Bella sounds more like a cheap touristic Italian Restaurant than a luxury building…

Anonymous
1 month ago

Better than “Lofty”

Anonymous
1 month ago

Equally bad

Anonymous
1 month ago

They have a pizza place on the bottom floor

Anonymous
1 month ago

Yeah it’s so cheesy. I prefer the more New York style of branding of using simply “1400 Biscayne”. Living on Biscayne Blvd is an amenity – why wouldn’t you use that in the name / marketing / branding?

Anonymous
1 month ago

Cheesy is not a Miami word.
Go back to Ohio

Anonymous
1 month ago

What horrible name!!

Don Francisco Jr. Jr.
1 month ago

they should build skyrise on top of this tower

Anonymous
1 month ago

Heyyyy.. here’s an idea. Build it in your backyard…

Anonymous
1 month ago

ok unrelated to this article, I dont live in Miami, so can anybody help me with the building on 300 NE 1st Ave, looks like an old court house, but a beautiful building. looks like its ready to get demolished from google maps.

Anonymous
1 month ago

its deemed historic and was destined to be a food hall…however i know there are renovations being done….its a beautiful classic design and will eventually be used to house restaurants and bars

Anonymous
1 month ago

That awesome that they are keeping it, thanks for the info.

Anonymous
1 month ago

its not a food hall, its for the Miami Dade College campus to expand

Anonymous
1 month ago

What happened to the food hall idea? The last I heard, that was the plan.

Anonymous
1 month ago

You are thinking of the old Post Office that Stambul is redeveloping.

Anonymous
1 month ago

Thats the Dyer Federal Building and Courthouse. It really is an architectural gem. Like Miami’s other architectural gems, it will be sold to the highest bidder instead of renovated and turned into facilities for the public.

The highest bidder, like with the Freedom Tower, is Miami Dade College. They turned the Freedom Tower into a seldom visited art museum, and the Dyer Federal Building (which would make an incredible Miami City Hall or Miami Public Library) is instead being turned into classrooms.

Next on the chopping block is the incredible Miami-Dade County Courthouse by the Miami Central Station. It was deemed structurally unsafe after Surfside, and will most likely also be sold off to the highest bidder instead of *once again* seizing the opportunity to turn a once-in-several-hundred-years piece of architecture like that into something incredible for the citizens of Miami.

Anonymous
1 month ago

Thanks for the info! Do you know if this was the same building that was supposed to be a food hall? Or is that the other historic building a few blocks down?

Anonymous
1 month ago

The corner building a few blocks south was the previous generation Federal Building, which was supposed to be a food hall, but is sadly chipping away, scarred in graffiti and sidewalks stained with urine like it’s owned by Mana.

Anonymous
1 month ago

Actually, I was referring to the old post office building. Looks like it’s still happening. In fact, the first venue just opened. https://www.hungrypost.com/news/miami/a-new-attic-bar-in-downtown-miami/

Anonymous
1 month ago

Amen. I wish MDC sold are their real estate and rebuilt their eyesore Brutalist campus instead of letting our tangible historic properties rot.

Anonymous
1 month ago

Peak cycle is getting closer

Anonymous
1 month ago

Is this in Park West?

Anonymous
1 month ago

No its in the A&E District aka Arts and Entertainment District

Anonymous
1 month ago

…but this is the same as the one in Sunny Isles…come on!

Anonymous
1 month ago

Name sounds like Causa Belli, reason for war in Latin.

Anonymous
1 month ago

At least this time they are not doing that fiasco hotel-condo program. All the Hyde buildings are a disaster!!!

Anonymous
1 month ago

Best views in the city are at 1000 Venetian Way. Some of Melos buildings have better views than this place. These will be good views though.

Anonymous
1 month ago

What existing building structure will be demolished here?

Anonymous
1 month ago

International buyers referred to by Related are not illegal immigrants. These, if they had $1 million or more to invest in a class-A apartment on Biscayne Blvd, Brickell or Sunny Islands, would not come to the US illegally International buyers visadods pels Related are Latinos already financially stabilized in their countries, who are looking for a safe market to invest their reserves and have a nice apartment to spend a few months a year in Miami, spending in the city what they earned in their respective countries. I have many Brazilian friends who do this. They make money in Brazil, invest and enjoy life in Miami. Therefore, this international buyer brings many benefits to Miami.

Anonymous
12 days ago

Funny how the picture doesn’t show that there’s a building that will be directly adjacent to Casa Bella. It’s called Melody Towers. The new world of technology and people using it to their advantage and mislead people and potential buyers. Shane on you!

Anonymous
1 month ago

So, they are building designed almost 10 years ago.

Anonymous
1 month ago

looks like this tower ran out of room to add more balconies

Anonymous
1 month ago

the balconies look great and are spacious

Anonymous
1 month ago

When you provide crap quality craftsmanship you need foreign buyers.

Anonymous
1 month ago

“Arquitectonica-designed Auberge tower that was previously approved for the site, so Related is likely simply reusing those plans”

You don’t have to tell us that, we already knew just by looking at the picture that this building was Arquitectonica designed.