Aston Martin is making a foray into real estate in Miami

Aston Martin is a British carmaker that is known to most people as providing James Bond’s car of choice. From the iconic DB5 first featured in 1964’s Goldfinger to the concept DB10 that was created specifically for 2015’s Spectre, Aston Martin has made a name for itself as an elegant luxury car brand.

Now, however, it appears as though Aston Martin will not only have the ability to provide 007 with his wheels, but also with his digs. The automaker has partnered with G and G Business Developments to create waterfront luxury condominiums at the mouth of the Miami River. Located at 300 Biscayne Boulevard Way, Aston Martin Residences will feature about 390 condominiums offering views of Biscayne Bay and the Miami area.

The Aston Martin design team, which is led by EVP and Chief Creative Office, Marek Reichman, will design the building’s interior spaces. This includes two private lobbies, a two-level fitness center with ocean views, and a full-service spa. In addition to the condominiums, ranging from one to four bedrooms, there will also be seven penthouses and a duplex penthouse, each one with its own private pool and terrace. Revuelta Architecture and Bodas Mian Anger are designing the 66-story, sail-shaped building.

The sales center for the building will open in March 2017 with groundbreaking occurring later in the summer. The project is scheduled to open in 2021.

The Tampa Bay Rays Major League Baseball team announced that it has reached an agreement with St. Petersburg and Pinellas County on a $6.5 billion, 86-acre mixed-use development that will include a new 30,000-seat ballpark and an array of office, housing, hotel, retail, and restaurant space totaling 8 million sf.

Engineers | Sep 15, 2023

NIST investigation of Champlain Towers South collapse indicates no sinkhole

Investigators from the National Institute of Standards and Technology (NIST) say they have found no evidence of underground voids on the site of the Champlain Towers South collapse, according to a new NIST report. The team of investigators have studied the site’s subsurface conditions to determine if sinkholes or excessive settling of the pile foundations might have caused the collapse.

MFPRO+ Research | Sep 11, 2023

Conversions of multifamily dwellings to ‘mansions’ leading to dwindling affordable stock

Small multifamily homes have historically provided inexpensive housing for renters and buyers, but developers have converted many of them in recent decades into larger, single-family units. This has worsened the affordable housing crisis, say researchers.

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Adaptive Reuse | Aug 31, 2023

New York City creates team to accelerate office-to-residential conversions

New York City has a new Office Conversion Accelerator Team that provides a single point of contact within city government to help speed adaptive reuse projects. Projects that create 50 or more housing units from office buildings are eligible for this new program.