Vertical Medical City Developer Bids $115M For Biscayne Boulevard Land; Three Towers Of Up To 1,050 Feet Proposed

Orlando’s Ponte Health is proposing Vertical Medical City on Biscayne Boulevard, and it would include  Miami’s tallest building as one of three towers they are proposing for the site.

CEO Tabitha Ponte told The Next Miami that the company has placed a $115 million bid for the 1700 Biscayne Boulevard block that was listed for sale in 2019.

Ponte has submitted an application to the FAA for three towers. One tower is proposed at 1,050 feet, with a second at 700 feet and a third at 495 feet. The full application had actually been submitted in October 2019, and last month’s filing was only to clarify the project location.

The project is expected be similar to one proposed in Orlando, and will include 900 senior living apartments that would cater to different stages of care, along with medical services, a farm to table program, and the use of artificial intelligence.

A Health Hotel and Conference Park called Biscayne Bayview is also planned, with a goal of targeting medical tourism. The hotel component is unique to the Miami project and isn’t planned in Orlando.

A Master Plan approval is already in place after being filed by a previous owner, and it would only have to be amended slightly due to the new medical focus of the development. It wouldn’t need significant modification however, since Vertical Medical City will be similar to what is already approved.

The owners of the property have not accepted the $115m offer or made progress on a timeline towards closing, according to Ponte. The broker representing the seller is Avison Young.

If everything works out, construction is expected to proceed in phases, according to Ponte. There isn’t a firm start time yet, but it could begin in mid to late 2021, with completion by the end of 2025 or early 2026.

 

 

The sketch submitted by Ponte to the FAA for Vertical Medical City at 1700 Biscayne:

 

 

The 1700 Biscayne MUSP:

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Azarius

They are ready to move. I love the aggressiveness. trying to get things done. if you wait you’ll be waiting forever!

Anonymous

With the hoops you have to jump through in Miami, you ain’t lying.

Shawn Kouri

That’s a great idea. Downtown Miami needs a medical facility, especially since the area is getting to be very heavily populated. So I’m sure it makes sense to have a medical facility with doctors offices, clinics, and various forms of care in downtown just in case if something happens to someone.

Anonymous

I agree with you to a certain extent. This area could use medical facilities but there is no way a building this big would only be used for medical offices, that would be overkill, and no one would make enough of a profit. They will need to get lawyers, architects, accountants, banking and so on to fill up all the floors. From that perspective I believe it is a mistake to name it Medical City, but hey what do I know. I am sure they know better.

Anonymous

Ehh naming is just naming… most buildings are named after banks and house other industries…

Anonymous

Hopefully this project dies on arrival. I’m the biggest fan of office buildings and I like the medical idea for downtown. If it was for me I wouldn’t allow another condo tower from Brickell to the Design District. However, this project seems to be focused too much on the seniors, and I don’t want them seniors in this area. They will kill Miami as we know it. They will be calling the city 24/7 complaining about Ultra and all the other awesome events that make Miami, Miami.

Anonymous

This isn’t downtown and there’s not much going on in the area besides the Arsht Center which is 3 blocks away

Anonymous

Largest voting block are seniors while you twiddle with a Hackey Sack. Thanks, Junior. :/

MiamiArchi

So Wait….
They submitted a tower height proposal to the FAA as well as had Zyscovich put together a schematic design on a property they don’t even own yet?
Nor look like they are close to owning.
WTF? Weirdest thing I’ve ever heard of

Anonymous

Marketing flip

Anonymous

Self promoting A-holes.

Anonymous

great point

Anonymous

FAA would never allow that height North of 395

Anonymous

The FAA doesn’t run or control the city of Miami.

Sgt Sapingo

Except when they do. ie when buildings are proposed under the flight path.

Anonymous

No they don’t, they can only tell Miami politicos what they “think” could be hazard in the flight path of planes.

Anonymous

so… they hold up developments for untold months of study just to offer their unenforceable recommendations ???!!!! #GTFOH

Anonymous

Love it, hope it’s real!

Jesus

1050 feet won’t happen in that area until we develop hypersonic planes.

Anonymous

Not even. They would take off at a steep angle but still land at a shallow one.

Anonymous

Overpaying for the land to say the least.

Anonymous

… and you know that, how?

Anonymous

This lady is full of crap. Look up her Orlando and Chicago projects. All total BS, nothing will ever get built.

Anonymous

The two houses on the SW corner of the property should be designated historic, as the last remnants of the old neighborhood that was called “Miramar” and was once one of the city’s wealthiest areas. Build something serious and high-class built around, not some Mana-tier concept which wouldn’t work.

Anonymous

Brickell was also millionaire row before becoming the financial district. Not everything old is deemed historic

Anonymous

do it

Anonymous

FAA won’t approve

Shawn Kouri

A medical Plaza in Midtown Miami. That area in which includes downtown Miami needs a medical Plaza like this especially since that area is becoming densely populated. If groundbreaking begins in 2020, it would be completed by 2024 or 2025. If it breaks ground as projected in 2021 then it would be completed in 2025 or 2026 or later. I just hope this gets done before climate change takes it’s toll on Miami. I’d like to see a finished rendering though.

JLL broker!

$115M! You mean $11.5M right! That’s a joke please! That’s Brickell money here on the left side of Biscayne! That’s never worth more than $30-$40 top!

Anonymous

ugly, infant design…already built in other downtown buildings…

Anonymous

I TOLD THEM YOUR DESIGNS LOOKED BETTER!!!