Related Will Pay City $15M For Additional Density At One Brickell

The city of Miami’s Public Benefits Program could be getting about $15.5 million in funding from Related Group.

As part of a plan to build the three tower One Brickell project at 444 Brickell Avenue, Related plans to buy an additional 868,399 square feet of development rights. At the current rate of $17.82 per square foot, Related will pay  $15,474,870 to the city.

The first phase of the project includes a 75-story condo tower with 480 units, along with a 55-story tower with 500 rental units. Later, a third, 80-story tower is planned to include 249 hotel rooms and 420 condo units.

Respresentatives of the developer told the Miami River Commission’s Urban Infill Subcommittee last month that they will meet the required 50-foot setback from the river. A riverwalk will be built that meets zoning requirements and will extend underneath the Brickell Avenue bridge.

Related is requesting several waivers for the project, including view corridor setbacks and a 30% reduction in required parking spaces.

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Marc305
6 years ago

I am all for development but these 3 buildings will be built right in front of the bridge that goes up a number of times through out the day and night! Congestion is bad now, I can only imagine how it will be in a few years. SMH.

Grato
6 years ago

The idea of urban living is to walk and take public transportation.
Who cares about bridge congestion?

Laz
6 years ago

Right but this isnt New York. There is no public transportation to get you where people work which is not really in this area.

marc
6 years ago

What’s a view corridor setback?

Really???
6 years ago

After so many floors you have to set the building back so you don’t have a bunch a buildings going straight up blocking all the sun from reaching the street.

marc
6 years ago

Thanks.

Tim
6 years ago

30% reduction in parking requirements? Wow! That’s a LOT!

Jake
6 years ago

That’s normal under the code for projects in the downtown within a 1/2 mile of the transit stations. Im not even sure why this was even mentioned. Its pretty standard practice for the majority of the projects going up downtown.

anonymous
6 years ago

This is just plain stupid. The City of Miami is making Related pay for more density, when the city should be encouraging more density and less parking garages. Clearly these firms understand that Miami needs to be less oriented around cars, but the City can’t comprehend that.

Laz
6 years ago

Neither can I, you need parking and that part of brickell is extremely congested and if it wouldnt be for the people that work outside of downtown and decide to live in downtown those buildings would be empty.

Kevin
6 years ago

They should build it with no parking at all. It’s the middle of Downtown!

John
6 years ago

It is a shame that Related is able to pay bargain basement prices to obtain more density than the zoning allows. $18 per square foot when they are charging $500+ psf for the final product.. and where do these “public benefit” dollars go? What is the benefit of further blocking sunlight and making the postcard of Miami look even less appealing?

Miami Beach requires a voter referendum before increasing FAR density… I strongly suggest Miami look into such a mechanism.. this is getting out of control. It would be one thing if affordable housing was a component of these projects.. but it is not.

-DC

anonymous
6 years ago

Always people whining about affordable housing but if you looked around there is plenty of affordable housing going up. Some are in western Brickell and others are next to Metrorail stations.

John
6 years ago

Examples of new construction in downtown Miami that is affordable, please? And I mean based on HUD standards… (based on % of median income..)

Obviously
6 years ago

“further blocking sunlight?” So what do people like you do when you’re outside…stand in the shadows of buildings the whole time? And why should mainland Miami copy the practices of some smug residents who live on Miami Beach? And why is something always getting “out of control” when people like you think a place should be built just the way YOU like it? And how do you know that this money won’t be used towards affordable housing?

You sure must like a lot of cheese with your whine.

yeah?!
6 years ago

they should go home… they’re drunk.

Anonymous
6 years ago

Something needs to happen with that bridge before someone declares it historical…!

Really???
6 years ago

John,

West Brickell Tower
10% @ 28% AMI and 90% at 60% AMI

West Brickell View
10% @ 28% AMI and 90% at 60% AMI

Vista Grande
10% @ 28% AMI and 90% at 60% AMI

Brickell View Terrace (mixed income 100 of 176 units affordable)
10% @ 28% AMI and 90% at 60% AMI

City Crossings
10% @ 28% AMI and 90% at 60% AMI

City Heights
Don’t know the AMI

Marc305
6 years ago

Thanks “Really???” I was about to point out the same list too. People make comments here without doing any research what so ever.
And if you really want affordable housing, why does it have to be in north Brickell? Move to a place you can afford and stop bitching about people who can afford it!

WhyNotNow
6 years ago

I can’t breathe.

Anon
6 years ago

I just don’t see how this development is any different than others in the area? I guess you can’t complain if the units get sold or if the developer feels the demand is there as business is business, personally I don’t see how this competes with the same type of buildings around the corner at a higher rate. Hopefully these are built with better quality than what Infinity, Icon, 500 and others were built with so you can’t hear your neighbors.

In regards to the parking, it’s just going to be a premium for some properties that you pay for. Like anything else it’s worth what someone is willing to pay for it, and if people want parking bad enough they will live elsewhere.