Category Archives: Downtown Miami

The Loft Downtown II – 133 NE 2 AVE #1505 Miami, FL 33132 *1 Bed/1 Bath Loft* – $119,000

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This open loft space with polished concrete floors and 10′ ceilings in The Loft Downtown II features Italian kitchen cabinets with terrazo counter tops and energy-efficient stainless steel appliances. Spacious bath features high gloss Italian cabinetry with marble counter tops and a white drop-in sink.

Building amenities include a club room equipped with an entertainment center, a rooftop swimming pool and fitness center, and a ground floor lap pool.

The Loft Downtown II is conveniently located in the heart of Downtown Miami within walking distance to the Central Business District, Bayfront Park, Bayside Marketplace, and public transportation (Metro Mover station is located next to building).

Call me at 305-491-7179 for more information.

Adrian Salgado is a Realtor Associate in Miami, FL and can be reached at 305-491-7179 or SalgadoA@gmail.com.

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MiamiUrbanLife.com – The Newest Addition to Miami’s Urban Core

“Miami urban life.”

“Miami urban life.”

“Miami urban life.”

Say it three more times – but without laughing this time.

When our mother, Julia De Forest Sturtevant Tuttle, came to Miami in 1891 to see a 40-acre orange grove her father left her after passing, she quickly purchased another 640-acres of orange groves along the Miami River. Long story short, in 1895 Julia Tuttle convinced Henry Flagler to extend his Florida East Coast Railway to Miami and the rest, as they say, is history.

Fast forward 100+ years. After decades of neglect and ignorance, city leaders (political and otherwise) realize that America’s true land of opportunity is the city, an urban settlement with a large population.

We were a little late in picking up on this trend, but better late than never. If you look around, you will see that we’re more than making up for lost time.

Enter the Central Business District.

Enter the Brickell Financial District.

Enter Park West.

Enter Edgewater (now marketed as the Arts District).

Enter Wynwood (now marketed as Midtown).

Enter the Design District.

Enter the construction crane (Florida’s new state bird).

Where Julia Tuttle’s orange groves once stood, now stand residential towers like:

One Miami – 325/335 S Biscayne Blvd

Metropolitan Miami – 300 S Biscayne Blvd

  • Project under construction; will be home to a Whole Foods Market.

Epic Residences & Hotel – 300 Biscayne Way

  • Project under construction on the site of the former DuPont Plaza Hotel, which was originally home to Henry Flagler’s Royal Palm Hotel. The Royal Palm Hotel featured Miami’s first elevator and swimming pool.

50 Biscayne – 50 Biscayne Blvd

  • 50 Biscayne was erected on land that once served as home to the Columbus Hotel. Remember the sign on the top that used to read “Top O’ the Columbus”? I do.

Everglades on the Bay – 224 Biscayne Blvd

  • Project is under construction on the former site of the Everglades Hotel.

The Loft Downtown – 234 NE 3 Street

The Loft Downtown II – 133 NE 2 Avenue

Marina Blue – 888 Biscayne Blvd

  • Project scheduled to begin closings in a month or so. Building is located across the street from American Airlines Arena

900 Biscayne Bay – 900 Biscayne Blvd

  • Project schedule to begin closings in mid-2008. Building is located directly north of Marina Blue

Ten Museum Park – 1040 Biscayne Blvd

  • Building erected on vacant land that served as a parking lot for patrons of the original Club Space.

Marquis – 1100 Biscayne Blvd

  • Building under construction on land that was home to the Howard Johnson Hotel just south of the I-395. My mother used to scrape two dimes together to buy ice cream at the HoJo back in the day.

The northern end of the boulevard (south of I-395) where Marina Blue, 900 Biscayne Bay, Ten Museum Park, and Marquis converge has been dubbed “The Biscayne Wall”.

It’s a Miami thang. We do nicknames for everything and everyone. Manuel becomes Manny. Ricardo becomes Ricky. Daniel becomes Danny. Gabriel becomes Gaby and Luis becomes Crazy Lou. You get the point.

October 2007

Enter Alex Gonzalez.

No, not the slick-fielding ex-Marlin that ended Game 4 of the 2003 World Series with a line-drive home run over the left field wall in the bottom of the 12th inning (I was there – in the left field seats). Tampoco the sure-handed shortstop from Killian High who played many years with the Blue Jays and the Cubs.

I’m talking about the other Alex Gonzalez. The Braddock Senior High attendee (alright Challengers/Bulldogs!) that grew tired of long commutes, strip shopping plazas, and the sterile environments that comprise West Kendall. The one that decided to become part of Miami’s urban life a little over a year ago.

Sitting at home one day, Alex (probably Alexander or Alejandro…I don’t know) noticed that what was once a state bird was now a flock of state birds hovering high above the streets of Dwntwn Miami.

Interlude: Alex has since confirmed that his birth name is just Alex, no Alexander or Alejandro.

Enter Eureka! moment.

“With so many new condo units and so many people moving into Miami’s urban core, why not provide these nouveau urban dwellers with an online social network where they can interact by associating themselves with the condominium communities they live in?”

If this were a Guinness commercial, you would now hear “brilliant!”.

Enter MiamiUrbanLife.com.

Want to find out who your neighbors are? MiamiUrbanLife.com

Want to know where they hangout on the regular? MiamiUrbanLife.com

Want to know what they are doing tonight? MiamiUrbanLife.com

Want to see pictures of how everything went down last night? MiamiUrbanLife.com

Want to invite a neighbor over for dinner at your place tonight? MiamiUrbanLife.com

Want to know if that new restaurant down the street is as good as they advertise it to be? MiamiUrbanLife.com

Want to know what it’s like to live in any of the aforementioned buildings (and others)? MiamiUrbanLife.com

Want to let everybody know about your new listing for sale? MiamiUrbanLife.com

Live way out in deep Kendall en la cientoipico y la cientoipico and want to live vicariously through the experiences of an urban dweller? MiamiUrbanLife.com

With 148 members in just 3 short months, Alex states, “I love the way Miami is evolving and growing up to be a real city. I envision that MiamiUrbanLife.com will become an essential tool for local residents to learn more about the city and interact with each other”.

Can I get an “Amen”?!

Now say it again:

“Miami Urban Life.”

“Miami Urban Life.”

“Miami Urban Life.”

It’s not so funny anymore, huh?

Five, six, seven years from now, you’ll be laughing again at those very words.

Only to keep from crying.

Adrian Salgado is a Realtor Associate with RED I Realty in Miami, FL and can be reached at 305.491.7179 and SalgadoA@gmail.com

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Neo Vertika 1/1.5 Split “B” – $260,000 *Short-Sale*

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Perfect opportunity for the professional working in the Central Business District, the Brickell Financial District or that person yearning for an urban lifestyle in the heart of the city.

Unobstructed views of an evolving skyline and a meandering Miami River await in this bi-level split unit in the favorable east-facing 04 line of Neo Vertika. Tasteful finishes abound in this functional split B model with 20 ft ceilings and floor-to-ceiling windows that flood the living space with an abundance of natural sunlight.

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Unit features oversized white porcelain tile throughout, remodeled full and half baths, white Nolte kitchen cabinets with black granite tops & stainless steel appliances and 2 balconies with pleasant city views.

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Building amenities include a lap pool, fully equipped double-height fitness center, the magnificent “V” social room, racquetball court, free valet, and 24 hour security.

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Neo Vertika is a 36-story mixed-use (pet-friendly) riverfront building located at 690 SW 1 CT in the Brickell/Downtown area of Miami. The building was developed by Neo Concepts, designed by Revuelta, Vega, and Leon, built by Coastal Construction, and is managed by Miami Management, Inc.

This is a short-sale. ALL offers will be considered subject to 3rd party approval.

The current owner purchased the unit from the developer for $320,000 in July 2006 and spent thousands more remodeling baths, installing floors and lighting, and providing other finishes to make the unit home.

Call me at 305.491.7179 for more information.

Adrian Salgado is a Realtor Associate with RED I Realty in Miami and can be reached at 305.491.7179 or SalgadoA@gmail.com.

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Miami: A Tropical Chicago?

I nearly fell out of my chair yesterday as I sipped on some freshly brewed coffee and took bites of a cream cheese-smothered multi-grain bagel in the cafe of a local bookstore. No, it wasn’t rancid coffee that nearly caused the accident. It was the headline in the front page of the Miami Herald: “Miami looks to Chicago as its model”.

My first thought was “Damn! Is Mayor Diaz reading my blog?”. If so, is he preparing to raze all those buildings east of U.S. 1 within City of Miami limits in favor of our very own version of the open green space I so cheerfully discussed in previous posts, “Chicago: City Built by Flames” and “Chicago: An Architect’s Playground”?

“Alright now, Mr. Diaz!” was my very next thought.

Before you grab your MH21 Grapple and start pulverizing the buildings that line our (bay)shore, let’s take a closer look at the mayor’s ambitious “emulation”.

Let’s put things in perspective. Allow me to provide you with some fun facts. After all, we make decisions and form opinions based on facts. Right?

POPULATION/DENSITY

According to a New York Times article published in 1912, census figures estimated Chicago’s population to be in the neighborhood of 2,185,283 – in 1910 – just one year after Daniel Burnham’s Plan of Chicago was presented to the people of Chitown.

Miami’s population at that time? 5,500.

The Census Bureau estimated Miami’s population to be 404,048 for 2006 (Note: figures are for the City of Miami, not the greater metro area).

Chicago’s population estimate for 2006? 2,833,321.

Chicago encompasses an area of 234 square miles of which 227.2 are land and 6.9 are water.

Miami covers an area of 55.27 square miles of which 35.68 are land and 19.59 are water.

Chicago’s population density in 2006 was estimated at 12,470 persons/square mile.

Miami’s population density in 2006? 11,324 persons/square mile.

Sidebar: Miami Beach had an estimated population of 86,916 covering 7 square miles of land in 2006 for a population density of 12,416 persons/square mile.

SOCIAL CHARACTERISTICS

According to the Census Bureau’s 2006 American Community Survey:

An estimated 77% (1,364,023) of Chicago’s population 25 years and over (1,771,459) has at least a high school diploma. 29.3% (519,037) of those are estimated to have a Bachelor’s degree or higher.

An estimated 66.1% (230,549) of Miami’s population 25 years and over (348,789) has at least a high school diploma. 22.1 % (77,082) of those are estimated to have a Bachelor’s degree or higher.

Approximately 36.5% (927,403) of Chicagoans speak a language other than English at home.

Approximately 76.2% (254,372) of Miamians speak a language other than English at home.

ECONOMIC CHARACTERISTICS

Median household income (known to be the best indicator of economic well-being) for Chicago in 2006 was estimated to be $43,223.

Median household income for Miami in 2006 was estimated to be $27,008.

Approximately 17.2% of families and 21.2% of all individuals in Chicago were living below the poverty level in 2006.

Approximately 22.8% of families and 26.9% of all individuals in Miami were living below the poverty level in 2006.

HOUSING CHARACTERISTICS

An estimated 49.3% of all housing units in Chicago were owner-occupied in 2006.

An estimated 36.1% of all housing units in Miami were owner-occupied in 2006.

The 2006 estimated median value of owner-occupied homes in Chicago was $277,900.

The 2006 estimated median value of owner-occupied homes in Miami was $315,900.

PUBLIC TRANSPORTATION

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The Chicago Transit Authority (CTA) has approximately 2,000 buses that operate over 154 routes and 2,273 route miles that serve more than 12,000 posted bus stops and 1,190 rapid transit cars over 8 routes and 222 miles of track.

CTA offers rail service to and from both major international airports. The Blue Line takes customers to and from O’Hare International Airport. The Orange Line trains travel to Midway International Airport.

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Miami-Dade Transit (MDT) has approximately 994 buses that operate over 100 routes and operates 136 Metrorail cars over 22.2 miles of elevated track, as well as 29 Metromover single units over 2.5 miles of an elevated double loop (inner & outer) in Downtown Miami.

Sidebar: I took Route 145 (Wilson/Michigan Express) from the Lake Shore/Belmont stop in the Lakeview neighborhood of Chicago into “the Loop” in Downtown Chicago (Lakeview is approximately 5 miles north of the Loop) about 3 times while I was in Chicago. The entire trip from stop to stop took approximately 15 minutes. The longest I waited at the bus stop for a bus was about 4 minutes.

The last time I attempted to leave my car at home and ride the bus in Miami I waited approximately 20 minutes at a Route 11 bus stop on W. Flagler Street on a scorching midday afternoon before deciding to walk to my destination about 1.5 miles away. The bus never passed me by.

SPORTS STADIUMS/ARENAS AS ECONOMIC DEVELOPMENT TOOLS

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Contrary to what politicians or their hired consultants would have you believe regarding the economic benefits of publicly subsidized sports stadiums and arenas, the consensus amongst academic economists has been that such policies do not raise median household incomes – the best indicator of economic well-being – in the area.

Andrew Zimbalist and John Siegfried, authors of “The Economics of Sports Facilities and Their Communities“, a journal entry published in the Journal of Economic Perspectives in 2000, argue that “independent work on the economic impact of stadiums and arenas has uniformly found that there is no statistically significant positive correlation between sports facility construction and economic development”.

Economic “impact studies” commissioned by advocates and proponents of stadiums and arenas rarely, if ever, address the opportunity costs associated with using public funds to subsidize the construction of these buildings. The funds used to build that stadium or that arena have alternative uses. For example, instead of utilizing taxpayer money towards the construction of a stadium so that millionaire franchise owners can field a team of millionaire ballplayers, politicians can choose to use that same taxpayer money towards the betterment of highways, schools, public transportation, parks, airports or any other number of true public investments.

It amazes me to see how willing local politicians and other leaders are to devise financing schemes and expand or restructure community redevelopment agencies to get these types of projects done, while schools continue to be unacceptably overcrowded and teachers grossly underpaid. Why can’t the same types of financing schemes be devised to remedy these more important issues?

A recent measure overwhelmingly passed by voters in Seattle that requires any funds to help build a sports arena/stadium earn money at the same rate as a treasury bill (which simply means that there is no way public funds could ever be used to build an arena/stadium in Seattle), may serve as the tipping point in the other direction.

I think it’s worthy to note that an estimated 91.7% of the population 25 years and over in Seattle had at least a high school diploma in 2006. An astonishing 53.4% of those are estimated to have had a Bachelor’s degree or higher.

These facts may or may not be a direct correlation as to why such a measure would pass so overwhelmingly.

I’m just saying.

Disclosure: Growing up eating and breathing baseball (it feels like a lifetime ago), I enjoy catching a few Marlins games every year. If the stadium is built at the Orange Bowl site, I stand to benefit from a quality-of-life perspective. Not only will I be able to walk (long walk, but nevertheless) to the games, I can also get heavily inebriated at any one of the many bars that will surely arise as a result of the stadium’s existence and not have to worry about driving home. Not that I would, but…

Sidebar: The next time someone tells me that the reason people do not attend sporting events in Miami (unless the team fields a winner that year, of course) is because “there’s just too much to do in Miami”, that person finna get a roundhouse to the face. The Chicago Cubs haven’t won a championship since 1908 and they sell out every home game before Spring Training has ended…and I guarantee you that there sure as hell isn’t more to do in Miami than in Chicago.

Today’s Chicago is best described as a city of neighborhoods – uninterrupted walkable neighborhoods that connect to one another. There are no physical or psychological barriers (i.e. I-395 & I-195) that deter one from entering. Each neighborhood possesses a distinct and strong identity. One minute you’re in a yuppie neighborhood with million dollar condominium units and designer boutiques and the next you’re in a culturally-rich gentrifying neighborhood filled with second-hand/consignment stores, the ubiquitous indie record shop with loads of vinyl and the oh-so-necessary authentic mom & pop eateries.

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The Bongo Room in the Wicker Park neighborhood in the West Side of Chicago is one of those places that’s “cagate encima” good. The Banana Toffee Pancakes and the Chocolate Tower French Toasts were (for lack of a better word) amazing!

Any place that can afford to open for just breakfast and lunch and close by 2:30 pm (at the latest) has to be good.

I love the idea of aiming high and pushing to become the Chicago of the south. If you’re going to model your city after any other American city, Chicago is definitely it. However, as much as I’d like to see that happen, I have a hard time envisioning it. None of what made Chicago “Chicago” is in place in Miami.

As I discussed in great length in “Chicago: City Built by Flames” , Chicago is a city with a rich tradition in planning, architecture, and historical preservation. That tradition shaped the city’s self-image, self confidence, and civic pride. The city’s fathers, Daniel Burnham and Aaron Montgomery Ward, laid the foundation for the Chicago that exists today.

While Chicago is known for its plethora of lushly landscaped park acreage and open public spaces fronting Lake Michigan, Miami’s park system ranks last among major cities in parkland per capita and in the percentage of land devoted to parks.

While Chicago’s mayor, Richard M. Daley, focused on planting trees across the city, installing planters with brightly colored flowers along Chicago streets and making sure that streets were garbage-free (Chicago is amazingly pristine – especially for such a densely populated city), our mayor was handing out building permits to anyone masquerading as a developer.

Sidebar: I don’t necessarily hate my man Money Diaz for overdeveloping Miami. I almost believe that in the looooooong run, we will benefit from the “build it and they will come” mentality that our leaders suffer from. The necessary population density will eventually fill every single one of those units.

Let’s just hope that a large percentage of those who do are primary residents and not just temporary residents who come to relax and be served. We need people who will not only spend their money in Miami, but more importantly make Miami home, take pride in being a Miamian, and most importantly, create economies in return.

Another Sidebar: I have noticed a push towards “greenifying” our sidewalks and streets. However, someone should notify city officials that plants and trees don’t water, prune or maintain themselves.

Just a thought, cause the trees and shrubs planted in front of the building where I reside remained beautiful for the first month after they were planted. However, due to lack of a planned maintenance schedule, they slowly withered away. Instead of an investment, it becomes a waste of taxpayer money. Dead plant life isn’t as pretty.

Contrary to popular belief, local government’s role is not to lure corporations (in our case, real estate developers) with tax incentives in the name of bringing jobs to the local economy. Local government’s role should include: investing in the city’s infrastructure (transportation, new world water, improving and maintaining clean street grids, public safety, schools, etc.), demanding that state legislators create a real solution for the looming property tax and insurance crises, and facilitating and encouraging the creation of world-class and expertly designed public spaces such as, but not limited to, museums, parks and libraries throughout the city (not just the proposed Museum Park at Bicentennial).

A city attracts the “best and the brightest” when all the necessary amenities, not just nice weather, are in place. The “best and the brightest” are the ones who create the jobs necessary for a vibrant and diversified economy, not local government. Everything falls into its right place once the “small scale ideas” have been implemented.

Although I’m sure the city of Chicago is flattered by Miami’s emulation, I think it’s time we stop trying to become the next Manhattan, the next Chicago or the next anything.

How about being the first Miami – a city with an identity other than Scarface, Miami Vice, Cocaine Cowboys, South Beach debauchery and collagen-enhanced pretty people that have nothing to say?

How about growing up and “manning up” to our civic and social responsibilities?

How about ridding ourselves of the inferiority complex that continually holds us down?

How about going to the library and reaching for a book instead of staying home and reaching for the remote?

How about bringing our children along and creating a habit?

Wait! Before you throw away the TV, grab the kids and renew your library card….

Bring back the not-so-bright collagen-enhanced (amongst other things) brunette. I’m not ready to do away with that.

Not just yet.

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Neo Vertika Corner Flat – $225,000

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This exquisitely-finished corner flat with an oversized 24 foot balcony that runs the length of the unit and overlooks the signature Neo Vertika pool is available for sale.

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Pride of ownership is evident in this meticulously well-kept unit occupied by its original owners. The unit features upgraded Nolte kitchen cabinets with black granite tops and GE Profile stainless steel appliances, 10′ concrete ceilings with exposed pipes, and a utility closet with a stacked washer and dryer. Unique 24″x 12″ Spanish Alcorense porcelain tiles designed in a modern brick pattern grace the functional living area.

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A custom wall-to-wall closet (behind the curtains in the photo above), window treatments, and special attention to the most minute detail make this the perfect unit for a single professional or young couple working in the Central Business District or the Brickell Financial District.

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Building amenities include a spectacular fully equipped double-height gym, a refreshing lap pool and relaxing spa, the elegant V-room, his and hers saunas, a cigar parlor, an indoor racquetball court, free valet parking for guests & 24-hour front desk security.

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This unit is in excellent condition. The conundrum shared by most units in the newer buildings in the area, closet space, has been solved. The living space is very functional. The vibe is very pleasant.

This is not a short sale, pre-foreclosure or REO unit – no bank approval is necessary. This is a good old-fashioned arms-length transaction. Owners are flexible with closing terms.

*Neo Vertika is a pet friendly building with no weight restrictions.

Call me if you have any questions. I can be reached at 305.491.7179. A human voice will answer the phone.

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