Miami’s neighborhood of Buena Vista, which borders the Design District, is undergoing a renaissance to become one of the city’s most progressive boroughs.
Fulfilling a long-term vision of keeping the area’s history alive with a fresh approach, BVM Development recently announced its plan to develop Upper Buena Vista ─ a mixed-use, pocket-village that will present eclectic charm and bohemian style in a community never before seen in Miami.
Situated on a city block at the crossroads of NE Second Avenue between 50th Street and 50th Terrace, the project is planned in multiple phases to encompass commercial and residential components, totaling 60,000 square feet of development. The developer acquired the 0.85-acre property in March 2014 for $1.125 million.
“We have thoughtfully curated Upper Buena Vista to be a truly unique project that fully embraces the neighborhood’s vintage character and unique 1930s heritage, while creating a progressive real estate concept,” said Michal Aviv, CEO of BVM Development. “We are so pleased to bring this project to life that will attract a diverse mix of tenants. It will be a vivacious and hospitable destination, where the design inspiration of Balinese elements converges with industrial features and the legacy of Buena Vista.”
Serving as a bohemian extension of the burgeoning area, Upper Buena Vista is poised to offer friendly and affordable options for locals and visitors with a laidback environment comprised of entertainment, art and shopping. Phase one, set to begin construction in the first quarter of 2016, will include the remodeling and careful restoration of an existing 1936 building to feature 4,000 square feet of indoor/outdoor space.
Exuding an avant-garde ambiance, the building will be designed for a quaint neighborhood eatery, lushly-landscaped rooftop terrace with an old-fashioned feel, and an outdoor café kiosk serving as convenient spot for a cup of coffee or to enjoy a light lunch with friends. The completion of phase one is slated for summer of 2016.
The development of Upper Buena Vista’s subsequent phases is anticipated to begin in the first quarter of 2017. These components will include branded retail and micro-boutiques, interconnected gardens and walkways, a stylish 24-room bed and breakfast, wellness center, and seven short- and long-term residential cottages.
Through an architectural collaboration between Colombia-based firm INSPACIO and Miami’s MODIS Architects, Upper Buena Vista was designed to offer low-rise, three-story buildings that appear residential in scale and blend into the surrounding natural environment. Industrial accents, wood finishings and distressed materials and elements will be common throughout, combined with beautiful landscaping, to integrate the architecture in a way that seamlessly flows from the inside out.
Bordering some of the city’s most celebrated, thriving urban neighborhoods, Upper Buena Vista is situated only a few blocks from Miami’s Design District, Midtown and Wynwood — all of which have become major destinations attracting a global audience and leading brands. Centrally located, the project is just minutes from downtown Miami, Miami Beach and I-95, offering direct access to PortMiami and major international airports.
“We are proud to be a part of the rebirth of the Buena Vista community and pledge to honor its history,” Aviv said.
Upper Buena Vista’s comprehensive masterplan is scheduled for completion in 2018. For more information or retail opportunities visit www.upperbuenavista.com.