Investors Take the Plunge with GCI on their Team
What does construction, investors and hurricane season all have in common? GCI professional services. In a trend not seen since before the real state collapse in 2008, Miami’s new construction market – especially condo construction – is thriving. Much of this new development features beautiful glass architecture, see-through verandas, and stunning ocean views.
With its beautiful weather, vivacious social life, and luxury amenities, Miami has always had international appeal. High demand from Latin Americans, Europeans, and Russians for second homes and sound investments are what’s fueling this new growth. To ensure that construction and renovations meet Florida’s strict building codes – most in relation to withstanding devastating hurricanes – developers are relying on GCI consultants. From inspecting construction sites to making building recommendations to waterproof testing of windows, roofs, and building envelopes, GCI has been kept busy on a variety of new projects.
In an effort to avoid another market collapse, developers are taking extra steps to make sure that new construction and building renovations stand up to Miami’s sometimes volatile weather. Better construction leads to better insurability, which leads to a better investment.
Better financial controls are another reason the real estate market is becoming an excellent investment again. Rather than relying solely on bank financing, developers are having customers put down 50 percent or more of the total cost before construction even begins. With more at stake, buyers are less likely to walk away.
Below are some of GCI’s Miami projects. GCI has had a strong presence in the Miami area. “This is the busiest we’ve been in one market in our company history,” says Paul Beers, one of the founders of GCI. Call us if you have needs in Miami – we’re in the neighborhood!
Biscayne Beach Club Fifty-one-story beachfront high-rise offering 399 luxury residences opening 2016.
Aloft Brickell — Miami New construction eight-story tower on historic Motel Ankara site will preserve the building’s iconic lobby and feature 235 hotel rooms.
The Betsy A distinguished historic landmark hotel with 61 rooms and suites with private beachside havens.
Bay Harbor Club Eight-story center glass column and modern design stand out amidst the traditional architecture of Miami’s Bay Harbor Island.
Metropica Massive $1.5 billion project over 10 years is a “city within a city” with 2,000 condos, 300 townhomes and expansive commerical space.
Brickell View West Brickell View’s boutique community of 44 condos are nestled within tree lined streets and a quaint courtyard.
Mansions at Aqualina 47 story tower with private owned residences located in Sunny Isles oceanfront with a penthouse priced at $50 million at 18,000 square feet. Construction completion is scheduled for early 2015.
Berkeley Shore Hotel in South Beach 1940’s boutique hotel offers 64 rooms one block from the beach and all the attractions Miami’s South Beach has to offer.
Surf Club Hotel & Residences Two 12-story oceanfront towers provide posh living with 150 residences, as well as a five-star luxury hotel managed by the Four Seasons.
South Miami Hospital South Miami Hospital is expanding its imaging area with a two-story project that doubles the Emergency Center and increases Surgical Services to 16 state-of-the-art suites.
Baptist Health Cancer Center Baptist Health South Florida’s $400 million project, The Miami Cancer Institute, will be a four-story, 370,000-square-foot treatment and research center opening in 2016.
Bath Club Estates Ultra-luxury, 15-story condo development with 13 full-floor residences, a two-story penthouse and two villas.
Riva Bay Harbor Seven-story development with 25 residential units offering water views from private terraces and wraparound verandas.
Panorama An 80 story tower with a 208-room hotel, 100,000 square feet for medical offices, 50,000 square feet of retail, and even an observation deck on the top floor. There will also be 821 rental apartments.