The Aventura-based Rieber Developments, led by Bernardo Rieber, has revealed plans for 12|12 Aventura, a mixed-used project with offices for medical professionals, a luxury senior living component and vibrant dining and shopping
Harvey Hernandez’s Newgard Development’s NGD Homesharing and Russell Galbut’s Crescent Heights have proposed Natiivo, a 48-story tower planned in Downtown Miami next to Miami WorldCenter. The project, which is designed by Arquitectonica with interiors by Urban Robot, will be “powered by AirBNB” and will feature units specially designed to operate short term rentals.
Aston Martin Residences, the ultra-luxury condo tower under development in Downtown Miami, teamed up with the Miami HEAT to host “Legend’s Court,” commemorating their premium corporate partnership. NBA legends of the court, Kelly Olynyk and Glen Rice, were on the American Airlines Arena floor to conduct a coaching clinic extravaganza with an All-Star real estate team of Miami’s elite brokers.
Miami-based sustainable real estate developer Metronomic has acquired an assemblage of properties in Coconut Grove to commence development of their “Grand Plaza” mixed-use project. The four-parcel portfolio along Grand Avenue consists of 0.77 acres and was purchased for $6.3 million ($186.67/psf).
Pordes Residential has recently overseen the sell out two South Florida developments, Peninsula Palm Beach and 101 Bay Harbor, marking the firm’s continued success in South Florida. Peninsula on the Intracoastal is a luxury, waterfront community of 40 luxury condominiums and 30 townhomes, located in Palm Beach County.
Related Group has revealed a first look at the Arquitectonica-designed One Island Park on Miami Beach’s Terminal Island. The developer is moving ahead with the approval process to bring 90 ultra-luxury condominiums via a zoning change in addition to a 50,000 SF city fleet maintenance and sanitation facility at no cost to tax payers.
Villa Valencia has launched sales in “The City Beautiful,” bringing a new residential address that blends private luxury with a true downtown lifestyle. The project is being developed by Location Ventures, the Miami-based real estate investment firm with a portfolio of residential and mixed-used projects throughout South Florida.
Alta Developers and the Facundo and Amalia Bacardi Foundation have been awarded approval by city commissioners to change the zoning needed to move ahead with South Miami Town Square, located at 5850 SW 73rd Street and 7331 SW 59 ave.
Turkish developer Okan Group has released the first interior renderings of the Behar Font & Partners-designed Okan Tower in Downtown Miami. The tower is expected to break ground later this year and will rise 70-stories when complete, over 890’.
Edgewater’s newest luxury high-rise to grace the Miami skyline is reaching new heights. Vertical construction of Two Roads Development’s Elysee condominium, a 57-story waterfront glass tower designed by Arquitectonica rising along Biscayne Bay in Downtown Miami’s Edgewater neighborhood, has surpassed the halfway mark.
Avra Jain is planning to break ground on the Carlos Zapata and O’Donnell Dannwolf and Partners-designed 555 River House in January 2020. Located on the Miami River, River House will be a mixed-use development with 39 luxury condos, a 175-key hotel, 120,000 SF of office space and 36,650 SF of commercial space.
MultiplanREAM has revealed 10 Sky Residences which are being added to 57 Ocean as the developer is reconfiguring the building’s design to make way for bigger, more expensive units. The shift is to address the high demand from East Coast buyers, bringing the unit count to 71 units, and comes about a month after the project broke ground.
LA CLARA, West Palm Beach’s new luxury 25-story residential building by internationally award-wining Canadian real estate developer Great Gulf has broken ground. Stantec is the architect of record, working in partnership with design architect Hariri Pontarini Architects, for the waterfront development located at 1515 South Flagler Drive in West Palm Beach, Florida.
The third penthouse at The Ritz-Carlton Residences, Sunny Isles Beach, which is slated to be completed at the end of this summer/beginning of fall, is now under contract for $19,750,000. The price equates to nearly $2,600 SF at the unfinished residence (PH49/#4903), which is one of four penthouse units in the 52-story building being developed by Fortune International Group and Chateau Group.
Publix has received a construction permit to begin work on their newest supermarket location at Three MiamiCentral, just one block from MiamiCentral Station. Publix will buildout their 27,935 SF location in the ground floor retail space of the recently completed building which also features 90,000 SF of Class A office space and parking.
Miami-based Coral Rock Development Group and Arena Capital Holdings have broken ground on Pura Vida Hialeah, a nine-acre mixed-use project set to be the first of its kind in Hialeah in more than 20 years. When complete, the project will transform the area’s aging retail and residential offerings with the first new sleek contemporary designed vertical towers.
Nearly two years after the South Miami voted against the redevelopment of Sunset Place, the city has now approved the proposal after a special commission meeting where the South Miami City Commission voted unanimously to approve ordinances that allow will give the go-ahead to the developers to revitalize the aging mall.
Two Roads Development has unveiled the brand new Jean-Louis Deniot-designed sales gallery for the under-construction Elysee Miami condominium in Edgewater. The waterfront sales gallery, located directly on Biscayne Bay at the developer’s neighboring luxury high-rise Biscayne Beach, gives buyers and brokers a taste of what luxury living will look like in the heart of the Miami at Elysee.
Terra has launched leasing at its newest luxury rental development, Pines Garden at City Center, ahead of opening to residents this month. The 387-unit residential community is part of Pines City Center, a 47-acre master-planned village rising within the city of Pembroke Pines.
Situated on Miami Beach’s Di Lido Island on Miami’s luxurious Venetian Islands, award-winning architects Choeff Levy Fischman designed one of its newest luxury Tropical Modern residences with a rare post-tension structural system.
13th Floor Investments and Adler Group have broken ground on one of Miami’s most anticipated transit oriented development, Link at Douglas. The development team is beginning site work this month and vertical construction of the development’s first phase is expected to begin this summer (2019).
MSC Cruises has revealed a new supersized Arquitectonica-designed cruise ship terminal coming to PortMiami. The terminal will be the largest in PortMiami at 350,000 SF, nearly double Royal Caribbean’s 170,000 SF Crown of Miami Terminal.
Following the announcement that Four Seasons Hotel and Private Residences Fort Lauderdale is more than 50% sold, Miami-based development company Fort Partners celebrated the success and progress of the luxury development at an exclusive luncheon announcing their selection of Florida-based construction company Coastal Construction as the general contractor for the project.
Amrit Ocean Resort & Residences, located on Palm Beach County’s Singer Island, has launched their well-being penthouse collection offering 11 oceanfront residences. Already Happiness Penthouse 2 and Happiness Penthouse 3 have sold for $3.375 million and $3.795 million respectively.
Luma at Miami Worldcenter has locked down a $143 million construction loan as the developers gear up to break ground on the 43-story tower. The loan was provided by Moinian Capital Partners with a 60% equity piece valued at $23.7 million.
Arte by Antonio Citterio has announced its highly anticipated launch of sales in Miami’s exclusive Surfside neighborhood. Arte, which features 16 ultra-luxury residences located on an acre of pristine beachfront, rises 12-stories and is the most prestigious offering to debut in the world-class destination and is the first project in the United States by Italian master architect Antonio Citterio.
Multiplan Real Estate Asset Management has broken ground on 57 Ocean, an ultra-high-end, 18-story boutique condominium on Millionaire’s Row in Miami Beach. Designed by Bernardo Fort-Brescia of Arquitectonica with interiors by Brazilian designer Patricia Anastassiadis of Anastassiadis Arquitetos, 57 Ocean is already being singled-out by high-end buyers worldwide.
13th Floor Investments and Adler Group have announced that the firms have completed construction of Motion at Dadeland, a transit-oriented, 294-unit luxury rental community that is adjacent to the Dadeland North Metrorail Station in South Miami, FL.
G&G Business Developments has announced the sale of the first penthouse property at the Aston Martin Residences in Miami, increasing the total sales at the building to almost 45%. A buyer from the United States completed the purchase on a 9,680 SF ocean facing penthouse property located on the 58th floor of the luxury residences.
New York designer Naeem Khan, a celebrity designer who has dressed Beyoncé, Michelle Obama and Kate Middleton, has officially proposed Naeem Khan Studios as he plans to move his headquarters to Miami in conjunction with a high school dedicated for students to study fashion.