$135 Million redevelopment of Berkman II proposed

[Charles Hunter]

How about starting a "new" trend; building the skyscrapers IN the water, or the River. LOL

Give that location a few years - it will be in the river!

[I-10east]

I absolutely love the way it looks, but it also looks out of place.

Bingo

[CityLife]

Miamiesque...yes? This brings to mind the two twins that were supposed to be built on the Southbank next to the Prudential building 15 or so years ago...also was Miamiesque. Looks good though. "Might be taller..." I like that.

Late 90's Miami maybe. This looks like a cheap recycled set of designs from 15 years ago. These are the types of buildings being built in Miami these days.









[https://i.imgur.com/x2LwB3F.jpg][/img]







Here are the 22 tallest under construction in Miami now.

https://www.thenextmiami.com/these-are-the-22-tallest-miami-towers-under-construction-in-2022/

[thelakelander]

It's definitely a recycled design. They couldn't pull off demolishing Berkman 2. I just have a really hard time believing anything associated with this one.

[CityLife]

Also, the owner is saying the cost is estimated at $170 million. He's probably still using 2005 cost estimates....

This is the most similar project I could find underway in Miami/Florida. It is 44 stories and is 546 feet. The Jax project is supposed to be 40 stories and 550 feet. This one has a construction loan of $345 million.


It is close to the beach, so there might be extra structural costs and I imagine the finishes/interior buildout costs are much higher, but still. There is no way a 550' building gets built in the next few years for anything under $200 million. Heck, this 25 story building in West Palm Beach cost over $200 million and it was done before construction costs really skyrocketed.

[CityLife]

It's definitely a recycled design. They couldn't pull off demolishing Berkman 2. I just have a really hard time believing anything associated with this one.

Yeah, I didn't have much faith to start with, then after reading the story Josh posted, there is no chance.

[Snaketoz]

I think Park Beeler is another Peter Abbott, if you remember that rascal.

[heights unknown]

Miamiesque...yes? This brings to mind the two twins that were supposed to be built on the Southbank next to the Prudential building 15 or so years ago...also was Miamiesque. Looks good though. "Might be taller..." I like that.

IMO "hideous."

Late 90's Miami maybe. This looks like a cheap recycled set of designs from 15 years ago. These are the types of buildings being built in Miami these days.









[https://i.imgur.com/x2LwB3F.jpg][/img]







Here are the 22 tallest under construction in Miami now.

https://www.thenextmiami.com/these-are-the-22-tallest-miami-towers-under-construction-in-2022/

[fsu813]

Also, the owner is saying the cost is estimated at $170 million. He's probably still using 2005 cost estimates....

This is the most similar project I could find underway in Miami/Florida. It is 44 stories and is 546 feet. The Jax project is supposed to be 40 stories and 550 feet. This one has a construction loan of $345 million.


It is close to the beach, so there might be extra structural costs and I imagine the finishes/interior buildout costs are much higher, but still. There is no way a 550' building gets built in the next few years for anything under $200 million. Heck, this 25 story building in West Palm Beach cost over $200 million and it was done before construction costs really skyrocketed.

Yea, but they're using coquina in lieu of steel. There in lies the cost savings.

[acme54321]

Why is this even being discussed?  This guy isn't going to do shit and the city will end up with the property.  End of story.

[jaxoNOLE]

So how long does the legal process take to seize the property and get it free and clear so the city can put out an RFP? Beeler claimed they have 90 days to resolve the lien,  but assuming they don't do so, then what?

[marcuscnelson]

Auction scheduled for March 25th.

https://www.jaxdailyrecord.com/news/2024/mar/11/berkman-ii-property-in-downtown-may-be-auctioned-march-25/

[heights unknown]

OK auctioned, and I know we don't have a crystal ball...but then what?

[Charles Hunter]

I don't know what it will be.
But, it will be a game-changer!
It will take Downtown Jax to The Next Level!
It might even be a Fudruckers!!
Or a WaWa's

[pierre]

Barnes and Noble maybe?