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Residential

Apr 29, 2025

Michael Stern & Gianluca Vacchi Secure Approval for 330-Foot West Ave. Miami Beach Condo Tower​

Michael Stern & Gianluca Vacchi Secure Approval for 330-Foot West Ave. Miami Beach Condo Tower​
Traded Media
Traded Media

Traded Editorial

2 min read

Key Points

  • Height Boost: Miami Beach commissioners approved an upzoning for JDS Development's project at 1250 West Avenue, allowing a 330-foot, 32-story tower—more than double the previous 150-foot limit.

  • Reduced Density: The development will feature up to 125 luxury condos, a significant decrease from the 286 units previously permitted.

  • Public Benefit: As part of the agreement, JDS plans to acquire the Bikini Hostel property across the street and convert it into a public park.​

In a significant move for Miami Beach's skyline, Michael Stern's JDS Development Group, in partnership with DJ Gianluca Vacchi's GV Development Group, received initial approval to construct a towering 330-foot luxury condominium at 1250 West Avenue in South Beach. This decision marks a pivotal shift in the area's development landscape, blending upscale residential living with community-oriented public spaces.​

  • Location: 1250 West Avenue, South Beach, Miami Beach

  • Developer: JDS Development Group and GV Development Group

  • Architect: Kobi Karp Architecture & Interior Design

  • Building Specs:

    • Height: 330 feet (approximately 32 stories)

    • Units: Up to 125 luxury condominiums

    • Floor Area Ratio (FAR): 5.75

    • Additional Features: Ground-floor commercial space​

Acquisition and Development Details

  • Current Site: The project will rise on the 1.9-acre waterfront property currently occupied by the 15-story Bay Garden Manor condo building, constructed in 1964.

  • Unit Acquisition: JDS affiliates have been closing on units within Bay Garden Manor and are expected to finalize the remaining acquisitions in the coming weeks.

  • Public Benefit: As part of the development agreement, JDS is under contract to purchase the Bikini Hostel property at 1247 West Avenue. The plan is to redevelop this site into a public park, enhancing community amenities.​

Community and Planning Board Reactions

  • Commission Vote: The Miami Beach commission unanimously approved the zoning amendments on the first reading. Final votes, including the development agreement, are scheduled for June 25.

  • Planning Board: Prior to the commission's decision, the city's planning board had voted 4-3 against recommending the zoning amendments, citing concerns about the project's scale.

  • Public Opinion: Residents expressed mixed reactions, with some supporting the development for its potential benefits and others opposing due to concerns over height and neighborhood impact.​

The approval of JDS Development's towering project at 1250 West Avenue signifies a transformative moment for South Beach's urban landscape. By integrating luxury living with community-focused initiatives like the proposed public park, the development aims to set a new standard for responsible and inclusive growth in Miami Beach. 

#Florida#Residential
Published: Apr 29, 2025Last updated: April 29, 2025