Related Group (Related), in partnership with legendary Italian design house Pininfarina, is set to launch sales for Andare Residences by Pininfarina (Andare), a recently unveiled boutique condominium development in the heart of Fort Lauderdale's Las Olas Boulevard. Featuring a collection of 163 bespoke residences, the 45-story tower is the first luxury condominium development set to rise above Las Olas Boulevard in nearly 20 years.
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Pura Vida Expands To Broward County With Opening Of Pura Vida Las Olas In Fort Lauderdale
Pura Vida, the wellness-driven all-day cafe hotspot known for its healthy extensive menu and tropical chic vibe, continues its South Florida expansion with Pura Vida Las Olas set to open in Fort Lauderdale on Friday, December 17. Husband-wife founders, Omer and Jennifer Horev, both grew up in Fort Lauderdale.
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The Agency And The Agency Development Continue To Expand In South Florida
Just two months after Beverly Hills-based real estate brokerage and lifestyle company, The Agency, launched its operation in South Florida, it has announced the opening of its second and third locations and expanded its new development division, The Agency Development Group (TADG).
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Tour Author Jillian Hoffman's Las Olas Mansion Which Just Sold For $3.49 Million
Author Jillian Hoffman has officially sold her Las Olas Isles Mediterranean mansion in Fort Lauderdale for a cool $3.49 million. The 6,200 SF estate spans 5 bedrooms, 5.5 baths and offers a spectacular two-story entry with dual staircases, sweeping floor-to-ceiling windows and stunning waterfront views throughout the property.
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PMG Breaks Ground on X Las Olas on Fort Lauderdale's Las Olas Riverfront
PMG, in partnership with Greybrook Realty Partners, has broken ground on X Las Olas, their new mixed-use, purpose-built rental project on Fort Lauderdale's New River. The multi-phase project will include 1,200 residential units, 30,000 SF of ground floor retail space featuring restaurants and shops, and a public plaza along the riverfront.
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Zuma Co-Founder Rainer Becker Teams-Up with The Related Group to Launch New Concept, ETARU
Rainer Becker, co-founder and creator of Zuma restaurants worldwide and ROKA London, has teamed up with The Related Group to bring his new contemporary Japanese Robatayaki culinary concept, ETARU, to two of their Broward County projects. ETARU will be featured in Hyde Beach Club and Icon Las Olas. The concept will bring an unprecedented culinary experience to the area and will be the ultimate amenity for residents of Hyde Resort & Residences, Hyde Beach House, Beachwalk and Icon Las Olas. Related is known throughout South Florida for continuously partnering with some of the finest talent and leaders in cuisine such as Michael Schwartz and Jose Andres and bringing their concepts to Related Group properties. ETARU is a prime example of how the developer is always seeking to elevate the luxury lifestyle for residents in their communities. The first location will open at Hyde Beach Club at the end of the summer, and the second at Icon Las Olas will open early in 2018.
New Renderings Released of Related Group's Icon Las Olas' Amenities & Common Spaces
Icon Las Olas, Fort Lauderdale’s tallest building which topped off at 455 feet, has released new renderings of their amenity and common spaces. The tower will be a rental tower featuring luxury apartments in Downtown Fort Lauderdale and is expected to open Fall 2017, leasing started this month (June 2017). From Related Group and designed by Sieger Suarez Architects with interiors by Steven G., Icon Las Olas will be among the most expensive buildings in Fort Lauderdale with rents between $2,500 and $7,000. The property was co-developed by The Related Group with Rabina Properties and Perella Weinberg Partners and features 272-apartment units.
Las Olas City Centre sells for $220 Million
Las Olas City Centre has sold to Deutsche Bank for $220 million as reported by The Real Deal. Located at 401 East Las Olas Boulevard, 401 East Las Olas LLC sold the Class A Fort Lauderdale property to TAF gg Las Olas LP, an affiliate of Deutche Bank’s asset management arm RREEF Property Trust in a deal financed with a $100 million mortgage from Wells Fargo. Las Olas City Centre is a 23-story, 725,898 SF, LEED Gold certified, mixed-use commercial building with office space and retail built in 2002. Major tenants are Bank of America and Patriot National. Average rent at Las Olas City Centre is around $47 SF and there is about 408,064 SF of leasable space as per the CoStar Group. JP Morgan purchased the building in 2011 for $164 million and reported a 6.3% cap rate.