A real estate development project that has been in the works for six years is finally moving forward. Last week, the Miami Beach Design Review Board approved the plans for an apartment project on one of the longest bayfront lots in Miami Beach. A variance to reduce the size of a driveway for the building was also granted, allowing the developers, Euroamerican Group, to overcome the last obstacle in getting the project underway.
The plans for the Venetian Islands development include a new five-story complex with 172 residential units across two buildings. The 3.5 acre waterfront property is located at 31 Venetian Way, taking up approximately a third of the north side of Belle Isle. The project, which features 750 feet of waterfront, will include a bay walk open to the public during daylight hours and 297 parking spaces.
According to a recent article from The Real Deal, architect Deforma Studio, divided the residence into two structures to create “a central view corridor that divides the building into two architectural elements.” With these changes, the board members unanimously approved the project. The rental project will replace four existing three-story buildings that were built in 1939.
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