Development News
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Development News
Swire Properties, Inc. has officially launched sales at The Residences at Mandarin Oriental, Miami, part of an unparalleled residential and hospitality destination set within a secluded island sanctuary moments from Miami’s vibrant core.
South Florida-based real estate development firms CMC Group, led by Ugo Colombo, and Fort Partners, led by Nadim Ashi, together with leading luxury hospitality and branded residential company Four Seasons, have launched sales for the Four Seasons Private Residences Coconut Grove.
Oak Row Equities, a vertically-integrated private equity and real estate development company with over $1.6 billion of development in South Florida, have broken ground on 2600 Biscayne Boulevard, a transformative Class AAA multifamily and office tower in the rapidly-maturing Edgewater neighborhood of Miami.
Just a few months after the record-setting sale of the largest and most expensive penthouse on Miami's Bay Harbor Islands, Indian Creek Residences & Yacht Club has sold its second and final penthouse, a 5-bed, 5-bath and 2-powder room home last asking $11.25 million.
Pagani, a brand known for exclusivity, “stealth-wealth” characteristics and handcrafted quality, has revealed a first look at the buildings luxurious amenities such as their gym, pool, and spa. The attention to detail prevails, especially throughout the design and functionality of their carefully curated exquisite amenities.
On April 11, 2024, PROFILEmiami hosted PROFILEconnect: A Night at the Museum, the inaugural annual real estate impact conference bringing 3 panels and PROFILEmiami’s highly-regarded Bespoke Real Estate Networking to the iconic Coral Gables Art Museum. PROFILEmiami teamed up with ONEsir, Constellation Group, MG Developer, Banesco and Contempo Space to host a sophisticated afternoon.
Construction of Brickell’s first waterfront residential development in over a decade, Una Residences, has completed vertical development and “topped off” at 47 stories. The ultra-luxury project, situated at 175 NE 25th Road within Miami’s picturesque and private South Brickell enclave, is being developed by OKO Group and Cain International.
Miami-based real estate development firm Mast Capital in partnership with AvalonBay Communities, a publicly traded real estate investment trust that invests in multifamily developments, has delivered Avalon Merrick Park. Situated at 3811 Shipping Ave. in the upscale Coral Gables area, the residential community has 254 luxury rental units.
President of Black Lion, Robert Rivani, the real estate and hospitality visionary who has invested over $250 million into Miami real estate in the past few years, is venturing into the commercial office sector with his largest and most ambitious acquisition to date, the $62.5 million purchase of ‘The Lincoln’ in Miami Beach.
Related Group and GTIS Partners, along with renowned luxury hospitality company Viceroy, have launched sales for Viceroy Brickell - The Residences. Viceroy’s inaugural standalone residential endeavor introduces a fresh infusion of style and allure to Brickell’s global financial hub, with interiors by the award-winning studio Meyer Davis.
Melo Group has topped out Aria Reserve’s Arquitectonica-designed South Tower at 62 stories. The widely anticipated dual tower project in Edgewater, Miami, is the latest entry by the Melo Group into the high-end luxury market. Both towers are now officially expected to be fully completed in a record-breaking three-year timeframe since groundbreaking.
Grupo T&C, a leading developer based in Peru, has launched sales at Edge House Miami, a luxury home-sharing condominium in Miami’s buzzy Edgewater neighborhood. Located at 1825 NE 4th Avenue, the 55-story tower envisioned by world-renowned architect Kobi Karp, will deliver short-term rental approved turnkey residences.
On April 11, 2024, PROFILEmiami will host PROFILEconnect: A Night at the Museum, bringing 3 panels and PROFILEmiami’s highly-regarded Bespoke Real Estate Networking to the iconic Coral Gables Art Museum. The panels will explore Women in Real Estate and The Next Generation of Real Estate, leading up to our Legends of Miami panel.
Naftali Group, a globally recognized real estate development and investment brand headed by visionary developer Miki Naftali, has broken ground on JEM Private Residences in Miami Worldcenter in Downtown Miami’s District 11.
A joint venture between Mast Capital and a controlled affiliate of Starwood Capital Group, a leading global private investment firm, today announced the groundbreaking of The Perigon Miami Beach, the area’s first residential project designed by world-renowned architectural firm, Rem-Koolhaas’ OMA.
Auberge Resorts Collection, an award-winning portfolio of one of-a-kind luxury hotels, resorts and residences, has been appointed by the Miami-based developer Witkoff and Monroe Capital to manage The Shore Club Resort & Residences, Auberge Resorts Collection in Miami Beach.
Related Group and GTIS Partners have secured a $328 million construction loan to finance the development of Baccarat Residences Miami, an ultra-luxury condominium tower located at the gateway of Brickell Avenue. Bank OZK provided the floating-rate loan.
On Tuesday April 26 Ella Miami Beach, PROFILEmiami and Pura Vida Miami brought the heat with a Pickleball Spring Slam celebration for top brokers and friends of Ella Miami Beach, a 10-story boutique condo which will soon rise above Miami Beach.
Interiors by Steven G. will serve as the interior designer for Forté Luxe, a luxury boutique waterfront community in Jupiter, Florida being developed by Forté Development. Forté Luxe will feature 15 multi-level residences on an exceptional and unique peninsula surrounded on three sides by beautiful Intracoastal Waterway views and direct water access.
Paving the way for a new landmark on the Downtown Miami skyline, a crew of 300 workers across three shifts with the help of 1,200 concrete trucks, will pour the foundation for Okan Tower, the highly-anticipated development set to be one of Downtown Miami’s next major mixed-use megaplex.
Palm Beach’s infamous 10 Tarpon Isle, the only opportunity to live on your own private island in Palm Beach, has gone under contract. The home was listed for $187.5 million after initially listing for $218 million following its completion last year.
The fast-growing 27-acre, $6 billion Miami Worldcenter continues to take form in Downtown Miami as it was recently revealed that an Apple Store is coming to the mega-project, in addition to a recently approved mixed-use tower. Apple has leased 15,000 SF of retail space at 725 NE 1st Ave where construction is already underway.
Constellation Group, the Miami-based commercial real estate investment and development firm, and Ironwood Venture Group, a real estate development firm, have sold over $21 million combined of the residences at SeaGlass Cove, a new lush, private enclave consisting of just 14 single-family homes in Marathon.
On March 12, 2024 PROFILEmiami and Sabal Development hosted PROFILE Collectors Club: Chronographs & Caviar, an invite-only sunset caviar tasting and watch showcase, revealing Sabal Developments newly completed $15 million Brickell Penthouse; in collaboration with leading luxury watch retailer Timepiece Trading and ArtLife, the first truly online bluechip art gallery.
Ugo Colombo’s CMC Group has surpassed the halfway point of construction at Vita at Grove Isle, a seven-story boutique luxury condominium taking shape on Grove Isle, a private 20-acre island just offshore of Miami’s Coconut Grove neighborhood.
Real estate development firm PMG has revealed One Twenty Brickell Residences, a luxurious 34-story residential tower set to rise in the heart of Brickell. Located at 120 S.W. 8th Street, One Twenty Brickell Residences will consist of 240 fully finished and furnished residences, each delivered with a first-of-their-kind deeded office suite per residence.
Miami-based real estate developers Related Group (Related), BH Group and Vietmar have revealed and launched reservations for The Ritz-Carlton Residences, West Palm Beach. Envisioned by an award-winning team that includes design luminaries Arquitectonica and Rockwell Group, The Residences reflect the highest expression of the brand in a boutique setting.
New York City-based Fisher Brothers, a fourth-generation real estate company that owns, manages and operates unique spaces across the country, has topped off Wynhouse Miami, a mixed-use multifamily development in the heart of Miami’s Wynwood neighborhood.
Take a ride on the wild side at The Rider at Wynwood, Miami-based Rilea Group’s latest high-end condominium located in Miami’s Wynwood district, the city’s most exhilarating neighborhood. Located at 94 NE 29th Street, the 12-story, 146 turnkey-unit boutique building breaks the boundaries of everyday living.
RedHoek + Partners has launched sales at Solina Bay Harbor, a 9-unit boutique condo located at 1055 93rd Street in Miami’s Bay Harbor Islands. Pricing for the residences starts at $1.4 million with an anticipated completion is set for Q1 2025.