South Beach condo tower takes key step forwardAugust 19, 2018
The taller, more narrow design for 500 Alton Road leaves more room for a public park
The long, drawn-out saga to redevelop SoBe’s vacant South Shore Hospital at 500 Alton Road made meaningful progress last week when the Miami Beach City Commission’s Finance Committee reached an agreement supporting a new 44-story tower.
The latest plan was reached after many meetings and intense negotiations involving nearby condominium residents. It will essentially stack the density from an already approved multi-building, low-rise development into a single taller, more narrow structure.
In exchange for the greater height, developer Crescent Heights will position the 410-unit building at the northeast corner of the sight to optimize adjacent views as well as deed roughly 3.2 acres of land towards a new city-owned park, reported RE Miami Beach.
Mayor Dan Gelber advocated for the taller design, touting benefits such as avoiding a “wall-effect” along West Avenue. In a letter distributed to residents and reported by The Next Miami, Gelber also stated that the revised proposal would attract more “non-resident investors” and therefore generate less congestion.
Local firm Arquitectonica will serve as architect. Earlier 42-story renderings of the condo tower show a glassy, tapering design with continuous balconies rising from a terraced landscaped podium.