The owner of a prominent property in South Beach has filed plans for a residential building designed by a world renowned architect.
The filing was submitted by a company controlled by Ambassador Paul Cejas, according to a Letter of Intent.
It is proposed to include 210 residential units and about 7,000 square feet of ground floor retail.
Design is by Mexican architect Enrique Norten’s TEN Arquitectos. BGA Architects is also listed on the plans.
Two buildings, a two-story apartment building and a one-story commercial building are proposed to be demolished. An existing garage above the former Time Out Market will remain and serve the new building.
The development is being proposed in response to city legislation incentivizing reasonably priced housing options for entry level professionals, young families or others in the area, the LOI said.
The proposal is scheduled for a hearing before the Miami Beach Planning Board on September 9.