S&S Diner Evicted; Chinese-Israeli Partnership Plans Project On Site

17th & Second Avenue Properties Corp, controlled by Uruguayan investors, won an eviction order yesterday against S&S Diner at 1753 Northeast 2nd Avenue.

A partnership between three publicly traded companies has a contract to purchase almost the entire block (60,375 square feet of land), with plans for a project on the site.

The three partners are:

  • ASRR Capital, ($42M USD Market Cap on the Tel Aviv Stock Exchange)
  • G-Resources Group ($483 USD Market Cap On Hong Kong Stock Exchange)
  • China National Building Material Co ($2.6B USD Market Cap On Hong Kong Stock Exchange)

Each will own 33% of the project. ASRR will also earn a 3% developer fee for managing the project.

ASRR announced the contract to purchase the property in February, but still hasn’t closed on the deal (they may be waiting for the tenant to leave).

An eviction notice was served to S&S on March 4 demanding that they leave by March 31. With S&S still on the property, the landlord filed a lawsuit on April 1.

 

other buildings on the property have already been demolished:

urbana tower once planned for the site

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Anonymous
5 years ago

Wish more buildings like these were built.
Stunning architecture

invasive species
5 years ago

great. let’s continue to destroy any signs at all of miami’s history and replace them with foreign deposit boxes. these buildings do nothing for the community at large but create construction jobs.

Anonymous
5 years ago

They generate property taxes, and provide security,property maintenance, and valet jobs to the local population. Instead of an empty lot of an empty building because the S&S diner was going bankrupted.

Anonymous
5 years ago

S & S originally opened in 1938. Love this place. Been eating breakfast there for years. For God sake can’t you some how incorporate them into your new plans.

Anonymous
5 years ago

Sorry to see this happen.. But diner doesn’t have to go away.. It can move into another retail space nearby. This area will be booming with more affluent residents that love to eat out.. Picture a diner from NYC

Anonymous
5 years ago

NYC? What does that have to do with this hideous project?

Anonymous
5 years ago

The diner is historically-designated. Honestly, the building has no architectural merit compared to the other stuff that is/was on the block, like the church in the pictures, which should have been designated in the first place. I assume the diner’s historical status is based on the business, which is now gone either ethically or unethically.

Whatever is proposed on the site should be good architecture to look established and commensurate to what previously existed. urbana tower would have been alright if the parking garage was made more consistent with the tower. Still, the human scale which the old buildings have can never be replicated.

aceraroja
5 years ago

Pleased to see some comments here sad about the few remaining old buildings near downtown being bulldozed for another ugly flashy swoopy architectural cut-paste mess. These are literally all we have left of old Miami, and contrary to skyscraper dorkery that prescribes anything goes as long as it’s real tall, small buildings contribute to, even make a city. Haven’t any of you read Jane Jacobs or lived in or even visited a city with beautiful if humble old structures? They don’t have to be deco-district worthy to be valuable. No, the S&S structure itself isn’t particularly significant, but the brutal way the block is being dismembered and the way normal people are treated in this process is painful to see. Especially if it’s all for another dumpy parking garage.

Anonymous
5 years ago

Wow that is sad.

Anonymous
5 years ago

The whole area is going to be transformed, revitalized.. and to me that’s a good thing.

Anonymous
5 years ago

Yes. Transformed into nothing. “Revitalized” is another term to refer to kicking the working class and poor out of the area. Real nice.

Anonymous
5 years ago

Typical Bernie voter.

Anonymous
5 years ago

read the caption above the rendering—“Urbana Tower ONCE planned for the site” The rendering has absolutely nothing to do with the current owners plans—–