A new Miami Beach condo has been proposed for 5775 Collins Avenue by a company owned by a Brazilian billionaire named Jose Isaac Peres, per The Next Miami.
The 12-story Marlborough House, which was constructed in 1961 and sold in bulk last year, would be demolished and replaced by a new 16-story tower designed by Arquitectonica with 86 condo units and 185 parking spots. The latter would be housed in a two-story garage located underground.
While the project is set to be considered by the Miami Beach Design Review Board on June 6, there could be some issues with the underground parking plans.
There’s been a strong push toward creating new construction standards to combat sea level rise, with The Real Deal reporting a few weeks ago that the Miami Beach Planning Board approved recommendations made by the city’s planning and zoning department that included underground parking restrictions. Final approval for that proposal lies with the city commission.
So it would appear there’s a decent chance the parking plans for this new condo will have to be amended.