Terra Group and The Related Group celebrated the groundbreaking of One Park Grove, the third and final tower of the elite residential enclave designed by OMA/Rem Koolhaas. The development, architecture and sales teams, as well as elected officials, commemorated the milestone with a shovel-in-hand ground breaking ceremony
Despite the high demand for commercial construction in recent years, contractors are coming up short on skilled labor due to an ongoing shortage. The low cost of capital and re-emergence of the commercial mortgage-backed securities (CMBS) market have made lending easier and enabled liquidity, which has fueled the demand for sustainable developments.
Fortune International Group celebrated another successful delivery as the Herzog & de Meuron-designed Jade Signature officially celebrated its grand opening yesterday. The lavish celebration offered a glimpse into the stunningly finished amenities, complete with a live symphony, drum show and fireworks show.
One Bay Residences, the second residential multi-family development that will be delivering in Miami Design District following Eve, has revealed their luxuriously modern model home designed by Addison House.
OKO Group, the Miami-based development company founded by real estate magnate and prolific international developer, Vladislav Doronin, recently celebrated the launch of its second project, Una, a monumental 47-story, waterfront condominium tower designed by Adrian Smith + Gordon Gill Architecture (AS+GG).
The prestigious South Coconut Grove remains to be hot as 4131 Woodridge Road has just set a 2018 record for non-waterfront sales at $2.35 million. The property was listed for a mere 48 days before going under contract.
It is a sad day for Miami as Jugofresh, the cold-pressed juice bar that served as one of the catalysts that helped transform the Sunset Harbour neighborhood of Miami Beach, has closed its doors after 6 years and ended its partnership with Whole Foods; the announcement effective as of yesterday March 13, 208.
Pordes Residential has been name the exclusive onsite sales and marketing firm for the new 101 Bay Harbor Islands townhouse development. Developed by The Puder Group, the recently completed boutique property features 12 luxury townhomes located in Bay Harbor Islands.
Sales are now live at OKO Group's Una, where residences start at $900,000 and are being exclusively overseen by Fortune Development Sales. The 47-story boutique condo tower will rise at Brickell Avenue’s southernmost point at 175 SE 25th Road near the crossroads of Coconut Grove’s Main Highway and Brickell Avenue.
University Developments has announced that its 20-story student housing tower University Bridge Residences, adjacent to Florida International University (FIU), will now be rentals instead of sold as a condominium as originally planned.
Cryptocurrency is at the forefront of investing in today’s news, but ill-informed stakeholders have taken prices for a wild ride. Famously, bitcoin peaked at $19,500 in December 2017, only to fall to $7,000 a month later.
The infamous 5 Star Island sits on the globally recognized Star Island, one of the most prestigious private islands in Miami Beach with residents like Stuart Miller, Phillip and Patricia Frost, and Gloria and Emilio Estefan.
The Miami Design District just welcomed alice + olivia by Stacey Bendet’s latest flagship store. Featuring contemporary interior design, including a zig-zag black and white marble floor, the store will carry the brand’s complete collection, including ready-to-wear, gowns, shoes, accessories and the newly launched denim line, AO.LA by alice + olivia.
Anthony Criscito with The Criscito Team at Douglas Elliman represented the buyer of this modern eight-bedroom, eight-and-a-half-bathroom home that just closed on Wednesday, February 28th for $8.2 Million.
Construction at Ugo Colombo and CMC Group's Brickell Flatiron tower is continuing to cruise as Moss construction crews have surpassed the building’s 29th floor and glass has begun to be installed. Construction is expected to continue to move at a rate of one full floor level completed every week until top-off in December of 2018.
OKO Group, led by founder Vladislav Doronin, just announced its second Miami project: Una. The monumental condominium is the only luxury tower scheduled to break ground south of Brickell, in the area that was once the city’s birthplace of modern high-rise living in the 1970s.
Sales have passed 50% as construction crews prepare to go vertical at Arbor Coconut Grove, where developers Urban Atlantic Group and Oak Ventures have announced a new sales gallery location at 3162 Commodore Plaza.
MLS has wanted a stadium in the heart of Miami since the 90s, to build its Latin and youth fan base. There have been several incarnations of professional soccer teams in South Florida, but none managed to navigate the political waters of Miami successfully.
The ultra-luxury condo market is still alive and well in Miami Beach as the lower penthouse at Apogee South Beach has just closed for $14.8 million. The record breaking number is the highest dollar per SF for a Miami Beach condo since 2015 at $3,562 SF, which is also the highest for the building.
Soccer phenomenon Miguel Borja, who was named South America's "Football of the Year" in 2016, has purchased a north facing, luxury waterfront condominium at Missoni Baia. The 57-story high-rise is being developed by OKO Group and headed by international real estate magnate, Vladislav Doronin.
Vila Paraiso, located at 5310 North Bay Road on Miami Beach, has sold for $8,550,000. The Georgian-inspired waterfront estate features 6 bedrooms, 6 full bathrooms and 2 powder rooms spread over 8,148 SF.
The Related Group and The Allen Morris Company have announced that the final penthouse unit at SLS LUX has sold, marking the complete sell-out of the 450-unit luxury tower. Closings are expected to begin in the coming weeks, with the hotel and culinary components opening shortly thereafter.
2018 marked the rise of a new food trend in Miami: food halls. Everywhere you look, there’s a new one popping up. The latest one captures the entrepreneurial spirit that a young city like Miami inspires.
The upscale Italian brand specializing in leather goods and ready-to-wear signed a lease for a 4,000-square-foot space between the Gucci and Rick Owens stores on Northeast 41st Street. Their other South Florida locations are at the Bal Harbour Shops and on Worth Avenue in Palm Beach.
Superstar Drake’s onetime "condo up on Biscayne," famously referenced in his song "The Motto," just sold yesterday for $2.3 million in a deal represented on both sides by Douglas Elliman. Drake sold the unit, which is located in the luxurious Marquis Residences, to NBA superstar and Memphis Grizzlies point guard Mario Chalmers for $2.5 million in 2012
Metropica, a $1.5 billion urban development and one of the country’s largest mixed-use communities just announced its newest tenant, Urban Outfitters, as the latest addition to its retail and entertainment lifestyle center, which consists of 280,000 SF of retail space.
Miami’s top brokers gathered at the Elysee Miami Sales Gallery in East Edgewater for an intimate cocktail ‘Meet-and-Greet’ reception celebrating the luxury project’s world-renowned designer Jean-Louis Deniot hosted by Two Roads Development.
The currently under construction 3621 South Ocean is bringing "seamless beach to home" luxury living to 200' of beachfront in Highland Beach. The project is a joint venture between Grafton Street Capital, Capital Development Group International, and Halstatt Real Estate Partners.
Healthy sales have been reported at Akoya Boca West, which is expected to be completed this fall (2018). In phase one, 70% percent tower one residences are sold, 50% of its tower two residences are sold and only one penthouse remains.