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Terra, New Valley, Great Eagle Holdings and Bizzi & Partners Pay of $155 Million Construction Loan For Eighty Seven Park

Terra, New Valley, Great Eagle Holdings and Bizzi & Partners Pay Off $155 Million Construction Loan For Eighty Seven Park

March 16, 2020

The partners behind Eighty Seven Park, Pritzker Prize winning architect Renzo Piano’s first residential development in the United States, have paid off $155 million in construction financing for the newly-completed Miami Beach condominium tower.

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In Construction News, Construction Update, Construction, Luxury Real Estate, Miami Beach, Finance & Banking, New Construction, News, Residential, Sales Update Tags Terra Group, Terra, New Valley, Great Eagle Holdings, Bizzi & Partners Development, Finance, Financing, Finance & Banking, Construction News, Construction Loan, Construction, Construction Update, News, Banking, United Overseas Bank, 8701 Collins Avenue, North Beach, Miami Beach, New Construction, Renzo Piano, RDAI, Rena Dumas, Luxury Real Estate, David Martin, Residential, Sales Update, Featured
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Renzo Piano's Eighty Seven Park Reveals Record-Breaking $68 Million Penthouse

Renzo Piano's Eighty Seven Park Reveals Record-Breaking $68 Million Penthouse

December 6, 2018

Eighty Seven Park by Renzo Piano Building Workshop has revealed its penthouse in record breaking fashion. Priced at $68 million, the penthouse is unlike any other property on the market and is 2018’s most expensive home in Miami.

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In Featured Listing, Luxury Homes, Luxury Real Estate, Miami Beach, New Construction, News, Sales Update Tags News, Luxury Real Estate, Eighty Seven Park, Renzo Piano, Bizzi & Partners Development, Terra Group, Terra, New Valley, Pacific Eagle, Pacific Eagles Holdings Corporation, David Martin, RDAI, Julia Capp, Sales Update, Howard Lorber, New Construction, North Beach, Miami Beach, Featured Listings, Featured
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PROFILE Exclusive: Inside Developing The Renzo Piano & RDAI-Designed Eighty Seven Park With Terra's David Martin

PROFILE Exclusive: Inside Developing The Renzo Piano & RDAI-Designed Eighty Seven Park With Terra's David Martin

June 29, 2018

PROFILEmiami had the exclusive opportunity to sit down with David Martin, President and co-founder of Terra, and the mastermind behind some of Miami's most architecturally significant condos of this cycle include Bjarke Ingels-designed Grove at Grand Bay, the Rem Koolhaas-designed Park Grove, and Rene Gonzalez-designed Glass.

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In Miami Beach, PROFILE Exclusive Tags Terra, David Martin, PROFILE Exclusive, Miami Beach, Eighty Seven Park, RDAI, Renzo Piano, Demetri Demascus, Katya Demina, Featured
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Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month

Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month

July 18, 2017

Terra's Eighty Seven Park in Surfside, designed by the legendary Renzo Piano, is reporting that pre-sales at the tower have passed the 60% mark and the developers are aiming to break ground next month (August 2017). Douglas Elliman Development Marketing is overseeing sales where reportedly among notable buyers is Million Dollar Listing New York's Fredrik Eklund. Eighty Seven Park is a joint venture headed up by Terra with Bizzi & Partners Development, New Valley and Pacific Eagles Holdings Corporation. 

Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month

Eighty Seven Park is located on Collins Avenue in North Beach at 87th St. and Collins, which is the northern-most parcel of land in Miami Beach. Eighty Seven Park will be an 18 story glass tower with expansive, unobstructed views of the Atlantic Ocean, Miami Beach and Biscayne Bay. The building was designed by famed designer and Pritzker Prize-winning architect Renzo Piano Building Workshop in collaboration with RDAI, West 8 designed the landscape architecture and Ruben and Isabel Toledo will handle branding and marketing material. Eighty Seven Park will feature 68 residences that range from 1 to 5 bedroom layout and 1,400 SF to over 7,000 SF. Pricing ranges from $1.6 million to $15.2 million. There will also be a full-time concierge and butler service, smart home and building technology and five-star amenities including a salon, resort style pool with full-service bar, valet, security, library and on-site enoteca complete with on-site wine tasting. Eighty Seven Park is expected to be completed in 2018.

Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
Sales Update: Renzo Piano's Eighty Seven Park Passes 60% Sold, To Break Ground Next Month
In Construction Update, Miami Beach, News, Sales Update, Surfside, Bal Harbour/ Surfside Tags Eighty Seven Park, Renzo Piano, News, Sales Update, Construction Update, Miami Beach, North Beach, Collins Ave, Millionaires Row, Surfside, Terra, Douglas Elliman, Terra Group, Bizzi & Partners Development, New Valley, Pacific Eagles Holdings Corporation, RDAI, West 8, Bal Harbour/ Surfside

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