Click here to log in or Sign up Now

 

Everglades On The Bay - Miami Real Estate Preconstruction Condos in Downtown

 

 

Everglades On The Bay - Miami Preconstruction - Miami Luxury Condos - Miami Real Estate

 

Everglades on the Bay, a condominium community consisting of two 49-story towers planned for Downtown. A $600,000 renovation has been completed on the lobby area of the existing hotel and the sales center upstairs.

The contemporary-style, mixed-use Everglades on the Bay project will feature 870 condominiums and 69,000 sf of ground-floor retail space. It is being developed at the site of the former 376-room Everglades Hotel, built in 1925. 

In its heyday, the landmark Everglades Hotel in downtown Miami was considered all the rage. Located across Biscayne Boulevard from Bayfront Park, the hotel offered spectacular views of the city skyline and of the bay. The years, however, have not been so kind to the old hotel, which sputtered along through numerous owners and renovations. Still, while the building itself--built in 1926--has become something of an eyesore, the property's location continues to intrigue. Last spring the Everglades was once again sold--to Cabi Developers, LLC, the US division of Gixsa, one of Mexico's leading real estate companies. Developer Jacobo Cababi (one of the three brothers who own Gixsa) plans to erect a contemporary mixed-use condominium project on the site. In a nod to the past, the property will be called Everglades on the Bay.

Click Here for Everglades On The Bay Panoramic Views

 

Everglades On The Bay Location Map - Downtown Miami Preconstruction - Miami Condos - Miami Real Estate

 

Everglades On The Bay – Site Plan

Everglades On The Bay Site Plan - Downtown Miami Preconstruction - Miami Real Estate - Miami Condos

 

 

May 22, 2003 - The Everglades Hotel, one of the oldest hotels in Miami-Dade County, has been sold and stopped taking reservations two days ago, likely for good. The new owners, Cabi Developers, an Aventura-based subsidiary of GICSA of Mexico, plan to raze the 77-year old building and replace it with a commercial or condominium tower. 

"With the Performing Arts Center and all the new development in downtown, we want to acquire customers that live and work in downtown," Jacobo Cababie, Cabi's director said Wednesday. The company is also building condo towers on Aventura's Turnberry Isle. "The old building will come down." 

The deal closed Tuesday, and the sale price was not disclosed. 

Cababie said his team is about to line up architects to explore what next to do with the site. 

Fifty-eight of the hotel's 376 rooms are still occupied, none by long-term renters, according to its front desk manager. No new customers can check in. 

"It's not easy," said Nora Machado, the hotel's director of sales and marketing, as she turned would-be customers away. "And we do not know what's going to happen next." 

When the Everglades Hotel opened in 1926, Calvin Coolidge was president and the revolutionary Leon Trotsky had just been ousted from Russia. The hotel was one of four buildings in Miami to erect a Giralda Tower modeled on the original in Seville, Italy, though the Everglades' structure was removed in the early 1960s in a push toward a more modern look. 

During World War II, the Navy took over the hotel, using it for officer quarters, a sick bay and a receiving station for enlisted men. 

The hotel was also home to Florida's first television station, WTVJ, which later became Channel 4 then NBC 6, according to Miami historian Paul George. 

Considered swank for decades, thanks to several expensive renovations, the hotel slumped toward disrepair in recent years. The finish on the front desk is peeling, the mirrors yellowed with years of smoke. Guests complained about power outages, lack of plumbing and a thick, musty smell in the rooms. 

"It needs upkeep and repair, but even with downtown's ups and downs over the last 40 years, the hotel was viable, and busy," said George. The closing, he said, "is sad, it really is." The hotel has not been designated a historic structure, leaving it vulnerable to demolition, George said. 

Any hopes for the hotel's restoration were dashed earlier this year, upon news that would-be buyers from Dallas, the La Quinta hotel chain, deemed the hotel's purchase and renovation too costly. 

The Teamsters owned the hotel until the late 1970s, when it changed hands with some frequency but stayed a union shop, a rarity in Florida. The most recent owners were Tropero Investments of the Netherlands Antilles, and Premium Investment Properties of Florida, according to Jim Rogers, the real estate agent who represented the sellers. 

The sale throws into doubt the future of the hotels' 45 staff members, many of whom have worked at the Everglades for decades: Machado has been there for 14 years; Virgilio Fernandez, the assistant general manager until Tuesday, for 20 years. Teresa Dubro, who spent Wednesday afternoon putting old papers through a shredder, has been an executive assistant since 1978. 

Jorge Sanesteban, president of Local 355, the hotel's union, said he negotiated two weeks of severance pay for each hotel worker, but conceded the additional pay would not go far enough to see workers through. 

"A lot are getting on in years, and that's the sad part," Sanesteban said. "Their opportunities are limited in today's job market, and language restrictions are severe for some." The mood at the hotel on Wednesday was one of dismay and resignation as employees, drawn and teary, began to grapple the enormity of the news. 

"I think this is it," said Luis Martin, who has worked at the Everglades' front desk for 20 years. He turns 70 next month. "I think now it's time to retire."

Article by By Cara Buckley, The Miami Herald
Knight Ridder/Tribune Business News 

Click The Floor Location Numbers to View The Floor Plans

 Everglades Floor Plans
Click the link Below

 Everglades On the Bay 2-3 

Everglades On the Bay 4-6

Everglades On the Bay 9-27

  Everglades On the Bay 28-39 

  Everglades On the Bay 40-49 

 

KNOW YOUR RIGHTS BEFORE YOU BUY CONDOS

                                                                       
Chapter 718 Florida Statute establishes procedures for creating, selling and operating condominiums. The law requires that the developer give a disclosure statement to the buyer stating that the buyer may cancel the contract within 15 calendar days of signing the contract (not Reservation) or of receipt by the buyer of the condominium documents, whichever is later.  A purchaser of an existing (resale) condominium unit has the right to cancel the contract within 3 business days after the date of the execution of the contract and receipt by the buyer of the condo documents
.

Click here to contact us by E-mail or Phone.

 

Disclaimer:  Please note Dan Maza and or any sub agent or partners of Dan Maza P.A. are independent Real Estate Agent or Brokers that Cooperate with the developer(s).  All clients’ prices are the same with or without the use of our services.  All commissions are paid by the Developer. The Purchaser does NOT owe any commission to our sales group.

Note: All Pictures, Floor Plans, Site Plans and Literature are Copyrighted materials of the DEVELOPER.  Any unauthorized reproduction of any information without the permission of the developer may be subject to copyright infringement laws.

 

Miami Beach Real Estate | Miami Beach Real Estate Agents | Florida Investment Properties | Miami Beach, Florida Realty | Link to Us | Affiliates | Property Sales in Miami | Houses for Sale in Miami Beach | Miami Bay Link | 1800 Club Condo,Uptown Miami | Everglades On The Bay | Marina Blue Pre Construction Condos | Mosaic Condo,Miami Beach | Icon Condo, South Beach | Setai Condo,South Beach | Murano Grande | Pinnacle Condos, Sunny Isles | Waverly Now, South Beach | Continuum On South Beach | Bella Mare Condos Aventura | Island Gardens Condos (Watson Island) | The Plaza On Brickell Preconstruction | Ocean Marine Yacht Club Condos | Villa Magna, Brickell | 900 Biscayne Bay  | 610 Clematis Condo Palm Beach | Beach Club III Preconstruction | Dupont Towers Condos | Everglades On The Bay | Breeze Condos | Why Pre Construction Real Estate | Miami Real Estate Condos | City24Miami Condo | Miami Beach | Miami and South Beach Real Estate News |

 
 

 

Home Page 

Copyright © 2000-2009 RECHANNEL Communications.    Terms | Login