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A 24-story, mixed-use project with a hotel is coming to Brickell

January 23, 2017

Rendering of the 24-story, 250,000-square-foot mixed use project planned for Brickell. A Metro 1 Development

The cranes are not going out of business any time soon in Brickell.

Real estate developer Tony Cho and hotel developer Robert Finvarb announced Friday they are developing a 250,000-square-foot, 24-story, mixed-use project in the heart of the booming neighborhood.

Located on Southwest First Avenue between Seventh and Eighth Streets, the project aims to attract a “neighborhood style hotel” and retail, as well as possible commercial and residential components. Cho and Finvarb recently acquired the site for $18.4 million.

The building will be adjacent to Metromover and Metrorail stations and a block from the site of the Brickell Backyard segment of the Underline project, an endeavor to transform the 10 miles below the Metrorail along South Dixie Highway into a green thoroughfare of bike paths, trails and street vendors.

Cho, who founded Miami-based Metro 1 Development, has worked on several neighborhood revitalization efforts. He most recently announced plans for the Magic City Innovation District, an area spanning 15 acres just north of Wynwood with a focus on art, entertainment, innovation and sustainability.

Finvarb is the founder of Miami-based Robert Finvarb Companies, which has developed 17 hotels since 2002 in seven states and the District of Columbia.

Metro 1 is a full-service real estate organization with a clear vision to shape neighborhoods and develop sustainable cities through brokerage, management, development & community engagement.

Read more here: http://www.miamiherald.com/news/business/article127755144.html?platform=hootsuite#storylink=cpy
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