Sales at Ugo Colombo’s CMC Group’s Brickell Flatiron have reached 87% of its 527 units and the developer has lowered deposits to 30% as it aims to capitalize on recent local and domestic buyer interest and leverage Fannie Mae loans to attract end-users.
57 Ocean, the ultra-high-end oceanfront residential project by Multiplan Real Estate Asset Management on Miami Beach, has revealed new renderings just weeks after opening its state-of-the-art-on-site sales gallery in anticipation of the projects April 4 groundbreaking.
The Shoreline, Solé Mia’s first two residential towers, has revealed a first look at the completed project where move-ins have begun. Jointly designed by Miami-based Arquitectonica and Robert M. Swedroe Architects, the Shoreline consist of two 17-story towers with 397 rental residences with studios, one, two and three-bedroom layouts.
The Forbes Company and Taubman Centers, Inc. have tabbed The Comras Company to help lead retail leasing at Miami Worldcenter. The Miami-based commercial brokerage will represent over 300,000 SF of retail leasing including restaurant and entertainment space at the 27-acre, $2 billion mixed use mega-project which is currently under construction.
The Fairchild Coconut Grove has topped off with sales surpassing the 75% in one of the hottest neighborhoods in Miami, Coconut Grove. The luxury boutique condo project is being developed by ROVR Development and was designed as a tropical-modern sanctuary by acclaimed local architect Max Strang.
Miami-based real estate development company Metronomic, Inc. has announced an all-female construction team to build the first of its new infill multi-family development designs, La Elaina Apartments in Little Havana. The townhouse-style duplex building will make history by being the first building in Miami built entirely by women.
Construction is rapidly progressing at the Missoni Baia site in Edgewater where the parking garage has reached three quarters of its full height since construction teams completed the sixth floor. The tower first went vertical in September 2018 and broke ground in October 2017.
6010 North Bay Road, a new, contemporary waterfront estate in one of Miami Beach’s most prestigious enclaves, has sold for $17 million. The ultra-high-end residence, which was completed in January 2018 by New York developer Peter Fine and his South Florida’s affiliate, To Better Days Development, sold within a year of its listing date and garnered the highest priced sale for North Bay Road since 2017.
KoDA (Kean Office for Design and Architecture) is a Miami Beach-based practice designing with ambition for its clients and optimism for the world. KoDA architects and designers are experts in connecting architecture with nature and finding radical solutions to sea-level rise and other environmental concerns.
Monad Terrace, Pritzker Prize-winning architect Jean Nouvel’s first built work in Florida, has officially topped off. Monad Terrace completes Jean Nouvel’s vision for an artfully designed building that responds to the surrounding natural elements.
A partnership between Todd Michael Glaser, Jarrett and Sean Posner, Fred Carlton and Charlie Ratner have proposed a 15-acre mixed use project known as West of West District in South Beach. The project is designed by DOMO Architecture + Design and is located between Bay Road and Alton Road and 13th Street and 16th Street on Miami Beach.
Bijou Bay Harbor, the luxury boutique condominium developed by Ability by Acierto on Bay Harbor Islands, has topped off at 75’ and is is slated for completion in July 2019. Bijou Bay Harbor broke ground in June 2017 with Coastland Construction as the general contractor for the project.
Monaco Yacht Club & Residences, a new luxury Bayfront condominium by Optimum Development USA on Miami Beach has officially launched sales. In collaboration with two of the most esteemed names in design, Piero Lissoni and international architecture firm Arquitectonica, the nautically themed, 12-story boutique project will feature 39 luxurious waterfront residences.
Codina Partners a distinguished real estate development, management and investment firm, has launched leasing for the newest logistics and distribution built-to-suit park in South Florida, Beacon Logistics Park. It is located at Northwest 145th Place and NW 107th Avenue.
Asia Capital Real Estate Management (ACRE) and Global City Development, led by Principals Brian Pearl and Diego Procel, celebrated the groundbreaking of MiMo Bay Apartments, a 236-unit mixed-use waterfront community in Miami’s Upper Eastside.
Ocean Land Investments, led by Jean Francois Roy, has announced that AquaBlu, their new Borges + Associates Architects-designed For Lauderdale condo, is completed and has received its PCO (Partial Certificate of Occupancy). AquaBlu is the largest of the firm’s five Aqua-branded condominiums which include AquaMar, AquaLuna, AquaVita and AquaVue, all of which have also been completed.
New renderings have been revealed of the Berenblum Busch Architects-designed proposal for the Puerto Rican Chamber of Commerce, to be located in Wynwood. Located at 2900 NW 5th Ave., the project is being developed by Moishe Mana and will feature 43,466 SF of total development.
A penthouse in one of the world’s top high-rises for 2018, created by Herzog & de Meuron the Jade Signature, sold for $18.5 million. The five-bedroom, seven and a half-bath residence closed for $2,015 per square foot.
Aria Development Group, a New York and Miami-based real estate investment and development company, along with joint venture partner, AQARAT, one of Kuwait's leading real estate companies, has announced that YOTELPAD Miami is now 50% sold just six months after launching sales in June 2018.
Four Seasons Private Residences Fort Lauderdale, the first-ever five-star development in Broward County, has reported that the tower is over 50% sold. Since launching sales last year, Four Seasons Private Residences Fort Lauderdale has attracted buyers from all around the globe with its world-class design, easy connectivity, desirable location, and comprehensive suite of services and amenities.
The Miami-based real estate development company Metronomic, Inc. has broken ground on TriniSuites Calle Ocho, an eight-story off-campus student housing building located at 2500 SW 8th Street in Little Havana. TriniSuites Calle Ocho will offer 30 turn key, fully furnished one- and two-bedroom student housing units ranging from 445 SF to 510 SF.
Construction at Two Roads Development’s Elysee Miami, the 98-unit, 57-story condominium project rising at 788 NE 23rd Street along Biscayne Bay, has reached the 18th floor after breaking ground in December 2017. When completed Elysee will rise 648’ tall and will be one of the tallest condominium towers in Downtown Miami.
Turnberry Ocean Club, currently under construction in Sunny Isles Beach, has revealed new renderings of its ultra-luxe amenities as well as unveiled its new amenity, the in-residence hotel guest suites. Laid out just like a grand hotel suite at Turnberry Isle, residents of Turnberry Ocean Club have access to two complimentary guest suites within the tower that can be reserved in advance.
One Thousand Museum by Zaha Hadid Architects, soon-to-be one of the most high-end residential towers in Miami, hosted a VIP preview of One Thousand Museum Residences’ culinary concept which will be exclusively available to residents in the tower’s Sky Lounge.
Closings are now underway at CANVAS, NR Investments’ newly delivered condo in Downtown Miami’s Arts + Entertainment District. The first recorded closing was on January 15 and residents are now moving in. Construction on the 37-story CANVAS began in December 2015 with a February 2016 groundbreaking before topping off in August 2017.
Brazilian billionaire developer Jose Isaac Peres of Multiplan Real Estate Asset Management, has proposed 312 Ocean Park in South Beach’s South-Of-Fifth neighborhood. 312 Ocean Park will be a luxury, boutique condo building located at 304 and 312 Ocean Drive, the 11,500 SF lot vacant lot across from Marjory Stoneman Douglas Park.
Broward County will be getting its first-ever five-star development, Four Seasons Private Residences Fort Lauderdale, which is currently under construction. The project is being developed by Fort Partners, marking the third collaboration between the Miami-based developer and Four Seasons.
As the redevelopment of CocoWalk continues, the joint venture behind the project, comprised of Federal Realty Investment Trust (NYSE: FRT), Grass River Property and Comras Company, has announced that it has signed its anchor tenant, co-working company Spaces, to occupy 42,883 SF at the new Class A office building One CocoWalk.
The Miami-based Coral Rock Development Group and Arena Capital Holdings announced the plans for Pura Vida Hialeah , a premier mixed-use project set to be the first kind in Hialeah. Pura Vida, meaning “Pure Life,” is the first major mixed-use development in the area in more than 20 years.
Miami Worldcenter, the 27-acre, $4 billion development in Downtown Miami, is preparing to welcome its first residents after 15 years of land acquisitions, planning and construction. The 444-unit, transit-oriented CAOBA rental tower has received the green light to welcome tenants and with the launch of leasing has become the first building to deliver within the master-planned Miami Worldcenter project.