Tag Archives: miami condos

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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Foreclosure Opportunity – 1200 Brickell Bay Drive #2423 Miami, FL 33131 – $199,900

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Art Basel (and the debauchery surrounding it) is over, aficionados. It’s back to work.

But first, your parting gift: another foreclosure opportunity. We’re taking you to Brickell, Miami’s Financial District.

Property Characteristics

  • 2 Bedrooms
  • 2 Full Baths
  • 1,105 SF
  • Year Built = 2004
  • 1 Assigned Parking Space

This 2 bed/2 bath condo unit is located on the southwest corner of the 24th  floor of The Club at Brickell Bay, a full amenity-building that features a swimming pool, fully equipped fitness center, a clubhouse, valet parking, and 24-hr front desk security.

This unit is in maintained condition and features a large wraparound balcony that offers a wide range of city and bay views. The spacious floor plan offers tile in the kitchen and bath and carpet in the living area and bedrooms.

A galley-style kitchen that opens to the ample living area offers European-style cabinets with black granite counter tops and white appliances.

The master bedroom features a spacious walk-in closet, a separate wall-to-wall closet, and a private master bathroom.

Natural sunlight is plentiful inside this cheerful unit. Minor cosmetics will bring this unit up to speed faster than you can say the 4 letters every husband in America dreads hearing together, “HGTV”.

The Club at Brickell Bay is located in the heart of the Brickell Financial District. It is conveniently located in close proximity to the Metro Mover and is walking distance to countless office towers, restaurants, bars, lounges, shopping, and the nightlife destinations of the burgeoning Mary Brickell Village.

For more information contact me at 305-491-7179.

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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A Look at 500 Brickell

I’ve had the pleasure of visiting 500 Brickell several times in the past 2 months while showing both 1-bedroom and 2-bedroom units to relocating clients. The more I visit 500 Brickell, the more I am enamored by the unique architectural features that this residential project offers.

Located on the northern end of the Brickell Financial District just south of the Miami River on the west side of Brickell Avenue, the condominium complex features 2 towers (East = 42 stories, 320 units | West = 43 stories, 313 units) with a total of 633 residential units connected by a 10-story base (parking garage) and topped off by a large Oculus on the 43rd story. Each tower has its own separate lobby. There are 4 high-speed elevators in each tower accessible by key fobs or access cards.

The project was developed by The Related Group and designed by Arquitectonica. The lobby and common areas were designed by Michael Wolk.

Take a look at some photographs of the exterior of the building shot from several different angles as well as the ground floor breezeways that line the retail units on the ground floor. Notice the colorful circles that adorn the parking garage.

The following is the lobby of the east tower, a typical hallway, and just a few of more than 200 pieces of an avant garde collection of art by young Argentinean artists represented by El Tigre Celeste that was specially commissioned for 500 Brickell. The urban landscape chromogenic prints and videos by Daniel Azoulay that greet visitors and residents in both lobbies serve as the perfect introduction to the social themes presented by the rest of the collection.

Note: Daniel Azoulay is the only artist not represented by El Tigre Celeste.

I couldn’t help but notice the retro-modern feel of the hallways and some of the artwork in the building. Artists Celeste Najt‘s and Nicolas Sobrero‘s use of assemblage and collages give off that vibe.

The following are some interior photographs of a 1-bedroom unit (C floor plan) in the 06 line of the East Tower. The unit has a southern exposure.

This is a 2-bedroom unit (A2 floor plan) in the 02 line of the East Tower. It is located in the southeast corner of the East Tower.

All residential units in 500 Brickell will be equipped with I.R.I.S. (information | resource | interactive | solution), a wireless smart screen touch pad tablet that residents can use to access all of the building’s amenities and services.

Kitchens are equipped with Italian cabinetry, imported granite and/or quartz counter tops, contemporary stainless steel appliances, and a ceramic glass cook-top.

Baths are equipped with glossy white Italian cabinetry, imported marble or granite tops, white porcelain tile floors, glass enclosed showers and tubs in the master bath.

Every unit features spacious walk-in closets, a stackable washer & dryer, glass-railed balconies, and high-grade carpeting.

Located on the 11th floor that joins both towers, the amenities deck features a:

  • sports bar
  • movie theater
  • circular infinity-edge pool surrounded by day beds
  • fully equipped fitness center
  • his & hers spas
  • club room with warming kitchen
  • wine room

I like the circular pool idea a lot. It makes for a great social setting. The fitness center, however, was a bit disappointing. Although it’s fully equipped, I think it’s way too small for a building this size.

The 42nd floor of the East Tower houses yet another circular infinity-edge pool complete with a sun deck, an exterior lounge area, and the Sunset Room. The setting on the 42nd floor the night of the grand opening party in July was cooler than a polar bear’s toe nails (not to mention catered by Capital Grille).

Overall, I am pretty impressed with 500 Brickell. I think the developer’s target market is clearly evident: the open-minded, artistically-inclined professional “20 and 30-somethings set” in search of a pedestrian-friendly neighborhood not far from where they work and play.

By the way, I thought that the subtle use of circles and large Oculus in homage to the nearby Miami Circle and Tequesta Indians was a very nice touch.

UNITS FOR RENT IN 500 BRICKELL

UNITS FOR SALE IN 500 BRICKELL

For more information regarding units for sale or for rent at 500 Brickell or the surrounding area feel free to call me at 305-491-7179.

Adrian Salgado is a Realtor Associate with RED I Realty and can be reached at 305-491-7179 or SalgadoA@gmail.com.

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A Look at Quantum on the Bay

I got a chance to take a look at Quantum on the Bay for the very first time last week and I must say that I was pleasantly surprised. Ever since the project was announced way back when, I loved its location across the street from the renovated bayfront Margaret Pace Park at 1900 North Bayshore Drive in the Edgewater neighborhood (now marketed as Arts District) of Miami.

Location, location, location was never a concern. The product? Skeptical no more.

Developed by Pedro Martin-led Terra Group (900 Biscayne Bay) and designed by Nichols, Brosch, Sandoval & Associates, Quantum on the Bay features two 51-story and 44-story towers with a total of 454 units and 244 units respectively.

As is becoming more and more common in the newer buildings in the urban core, the artwork displayed in the lobby is more thought-provoking than decorative – a very good thing.

Take a look at the porto-cochere entry, the lobby and the artwork:

While at the building, I got to show a customer the following 594 SF studio unit located on the 25th floor of the South Tower:

The architects truly maximized the use of space in this unit. Although the kitchen cabinet space is not great, the fact that a studio has a walk-in closet more than makes up for the lack of cabinet space. Besides, who cooks these days? Nowadays, kitchens are more decor than culinary.

The Lounge:

At this point, my customer was feeling it.

The Pool Deck:

Compared to other projects in the Central Business District and Park West neighborhoods of Miami, the pool area doesn’t really floor me. However, it more than serves its purpose.

The Fitness Center:

The fitness center is hot butter for your breakfast toast. If fitness center is high on your list of must-have amenities, then this is a building you need to definitely check out.

I expect Quantum on the Bay to perform very well over the long haul. The fact that it is within walking distance of the Performing Arts Center, steps away from the burgeoning scene currently transforming Biscayne Boulevard and located across the street from one of the few public green spaces in the area makes it a highly desirable location.

By the way, because Margaret Pace Park is the only thing that stands between Quantum on the Bay and Biscayne Bay, those sweeping panoramic bay and city views will never be obstructed.

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

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Neo Lofts – 2 Bed/2 Bath Loft *Short Sale* – $245,000

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A professionally designed and fully updated functional loft space on the 15th floor of Neo Lofts was just listed for sale.

This flexible and versatile living space features 1,000 SF of living area with an additional 77 SF of open balcony space that offers a desirable southern view of Miami’s oldest natural landmark – the Miami River – and Miami’s evolving city skyline. Stained concrete floors, European kitchen cabinets with stainless steel appliances, 11′ ceilings with exposed ducts and pipes, a custom walk-in closet and designer lighting throughout make this a great deal for the buyer with discerning tastes in search of an urban lifestyle.

Building amenities include an infinity-edge beachfront-entry pool, spa, fully equipped fitness center, sauna, steam room, contemporary lounge with billiards, meditation garden with BBQ area, dog park, 24 hr doorman, business center, on-site property manager and valet parking.

Monthly association dues are currently $735.51 ($0.73/SF). However, the Board of Directors at Neo Lofts is scheduled to meet next week in order to adopt a revised operating budget for 2008. The change in the operating budget is due to the Global Closeout Agreement and Settlement Payment Agreement to the Neo Lofts Condominium Association.

The monthly association dues are due to change to $529.82 ($0.53/SF) effective April 2008. $0.53/SF is in line with association fees in established comparable buildings in the area. ASSOCIATION DUES INCLUDE FULLY FUNDED (100%) RESERVES. Neo Lofts Condominium has a very healthy operating and reserves budget.

This is a SHORT SALE subject to THIRD PARTY APPROVAL. Qualified buyers must close with sellers approved closing agent. Pre-approval letter or proof of funds must be submitted with every offer.

The seller paid $410,000 in September 2005 and spent thousands more in tasteful updates and improvements.

Unit 904 – very similar in size, layout, finishes and views, but located 5 floors below the subject – recently closed for $250,000 on March 19, 2008. Take a look at the MLS listing for unit 904.

Call me at 305-491-7179 if you’d like to see this unit.

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

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Eyesore of the Month

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Does anybody have the number to the Karma Police?

I need them to, at the very least, question whoever is responsible for this immediately, if not sooner.

This is Barcelona Condominiums, a new 71-unit affordable housing project currently under construction at 2217 NW 7 St in Miami that promotes and offers the opportunity for homeownership instead of the usual for rent affordable housing. The acute lack of local affordable housing coupled with the Miami Herald’s well-documented abuses of those chosen to provide a solution to the problem, make affordable housing projects like these a welcome addition to the city.

I commend any developer willing to tackle the issue of affordable housing. However, is there a reason why affordable housing has to look so…well, affordable?

When will local leaders, planners, developers and the general populace realize that affordable housing and good design can co-exist? Low cost housing doesn’t have to mean low quality housing. Good design, especially in the affordable housing sector, should meet the users’ needs, enhance the neighborhood and should be built to last.

Although this building stands to offer a short-term solution to 71 families in need of affordable shelter, it fails to address the long-term needs of those very families and more importantly, the community as a whole. A quick look at the structure will tell you that it’s obsolete even before it has been completed. I can only wonder what it will look like 10 years from now.

An unmasqueraded parking garage fronting a building that fronts a major thoroughfare? Come on!

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I’m no architect (although I did sleep at a Holiday Inn Express last night), but why not create a pedestrian friendly arcade or colonnade to provide the residents with some necessary refuge from the hot sun on those dreadful Miami summer days? Can we do something about the Pepto-Bismol pink that easily identifies the building from SR-836? Why the balconies in white?

Does anybody out there have any ideas as to what we can do to save the people who will eventually occupy this building?

By the way, take a look at the “sales pitch” below:

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En español:

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Now take a look at the following photo-op disguised as a “ground breaking ceremony”:

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Does anything catch your attention?

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

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Filed under Affordable Housing, Eyesore of the Month

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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Filed under Downtown Miami, Neo Vertika, Short Sales

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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Filed under Chicago, Downtown Miami

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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Filed under Downtown Miami, Neo Vertika

Miami Condo Boom – Gift or Curse?

In a recent NBC6.net story titled “Population Boom Hits Downtown Miami”, Jorge Perez, Miami’s leading developer whose company The Related Group is responsible for the development of an estimated 6,400 units in the Dwntwn (no pun intended)/Brickell area, states that his only regret was not buying more land near his first building in the area, the 896-unit One Miami, located at the mouth of the north bank of the Miami River and Biscayne Bay. His prognosis: there will be 20,000 new units in Downtown Miami in the next five years that “will get occupied over time. The more those buildings get occupied, the more the city will work“.

The more those buildings get occupied, the more the city will work?

Will the city’s urban core actually work as a result of local government’s lack of proper planning (i.e transportation – public or otherwise)? Better yet, will it work as a result of government’s lack of execution (i.e. half penny tax)? Will the price of oil force locals to trade their Mercedes Benz keys in for a pair of New Balance 992s? Will the desire for a sense of place convince “white flighters” to give up the backyard, the mango trees, and the picket fence? Will an urban playground be enough to attract “the best and the brightest”?

Is Jorge Perez our modern day version of Robert Moses (albeit less polarizing) or is he just a powerful private citizen/urban planner/developer (described in a 2005 Time Magazine article as an active Democratic fund raiser who advised Bill Clinton on Cuba) who graced and persuaded us with his vision of Miami as a 24-hour self-sustained city?

Will design take over our lives in 10 years? Will Miami green space cease to be an oxymoron? Will the Marlins join us dwntwn – does it matter? Will Bayside Marketplace make a comeback? Will the MFA (Master in Fine Arts) be the new MBA? Will architects be the only ones who matter?

Will the scantily-clad brochure model be around when the last unit has sold?

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

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