Monad Terrace Project Scores Approval for Design Changes
Monad Terrace, a 59-unit luxury condominium designed by Pritzker Prize-winning architect Jean Nouvel, will have a new entrance and lobby designed to enhance its striking architecture.
The Miami Beach Design Review Board on Tuesday approved plans for a double height lobby and porte-cochère lobby for the building located at 1300 Monad Terrace in South Beach. The entrance and lobby will face Biscayne Bay and, to compensate for adding height to the lobby, an additional floor of space will be added to the rear of the second structure of the complex.
The board approved the design of the building last May and Tuesday’s design modifications are expected to be the final changes before construction begins shortly.
Last month, New York developer Michael Stern’s JDS Development Group launched sales at Monad Terrace with prices starting at $2 million for units ranging from two to five bedrooms. Stern said in February that Monad Terrace is targeting buyers who “appreciate great design and architecture, including empty nesters, New Yorkers and Canadians.
The building, which faces the water, is designed to take advantage of light reflecting off Biscayne Bay. Luxury amenities like custom kitchens, terraces with climbing gardens, and marble bathrooms will be included in the units.
Monad Terrace is Stern’s first project on Miami Beach. He is co- developing Echo Brickell, and Echo Aventura as well as other projects in Wynwood/Edgewater.
JDS is developing Monad Terrace in partnership with New Valley, an investment group owned by the Vector Group, which owns Douglas Elliman,Ackerman Development and Mink Development. Elliman is the broker for the project. Kobi Karp is collaborating with Nouvel on the design.
By James Teeple, The Real Deal
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