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PROFILEmiami South Florida Real Estate and Lifestyle

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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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Missoni Baia Completes Foundation With Second Concrete Pour

March 9, 2020

The second part of Missoni Baia’s foundation was recently completed by joint venture partners Civic Construction and Ant Yapi. Over the course of 17 hours, starting at 3 a.m., 3,900 cubic yards of concrete and 810 tons of rebar (the weight of approximately 65 school buses) was poured. This completed the mat foundation for the project.

In Commercial, Construction, Construction News, Construction Update, Edgewater, Luxury Real Estate, Multifamily, New Construction, Residential Tags Civic Construction, Ant Yapi, Missoni Baia
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Treo Group To Break Ground On Vox Miami, Multifamily Housing Targed At Students

Treo Group To Break Ground On Vox Miami, Multifamily Housing Targed At Students

February 26, 2020

Vox Miami, a multifamily project designed by Perkins and Will and developed by Treo Group, is gearing up to break ground at 5801 S Dixie Highway. The project is targeted at students and is located just a short walk from the South Miami Metrorail Station.

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In Commercial, Construction, Construction News, Construction Update, Multifamily, New Construction, News, Rentals, Residential, Student Housing, South Miami Tags Perkins+Will, Perkins + Will, Vox Miami, Student Housing, Multifamily, Residential, Treo Group, News, New Construction, Construction, Construction News, Construction Update, South Miami, Commercial, Groundbreaking, Rentals, Apartments, Apartment Rentals, 5801 S Dixie Highway
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The Ritz-Carlton Residences, Sunny Isles Beach Secures TCO & Sells Last Penthouse For $25.5 Million

The Ritz-Carlton Residences, Sunny Isles Beach Secures TCO & Sells Last Penthouse For $25.5 Million

February 24, 2020

The Ritz-Carlton Residences, Sunny Isles Beach, one of South Florida’s most anticipated residential towers, has received its temporary certificate of occupancy (TCO), signaling the start of closings for the oceanfront tower. The ultra-high-end, 52-story condominium is the brainchild of Fortune International Group and Château Group.

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In Construction, Construction News, Construction Update, Luxury Real Estate, New Construction, News, Residential, Sales Update, Sunny Isles Tags The Ritz-Carlton Residences, The Ritz-Carlton Residences Sunny Isles Beach, The Ritz-Carlton, The Residences, The Residences Sunny Isles Beach, Fortune International Realty, Fortune Development Sales, Fortune International Group, Chateau Group, Sunny Isles, Sunny Isles Beach, Construction Update, Construction, Construction News, New Construction, Edgardo Defortuna, Manuel Grosskopf, Luxury Real Estate, Luxury Condo, News, Residential, Featured, TCO, Temporary Certificate of Occupancy, Sales Update
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PEOPLE TO WATCH: Meet Our Panelist Joe Furst, Principal of Place Projects

February 18, 2020

Join us on March 5th at X Miami for People to Watch: Leaders in South Florida Real Estate, where Joe Furst will be discussing his long-term value creation play in Wynwood and other neighborhoods, how he’s managed to cultivate the right partnership structure in his deals, and why he’s selective about projects that fit his skills, a hybrid between controlled placemaking, development and operations, including hospitality.

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In Amenities, Co-Working Space, Commercial, Construction, Construction News, Construction Update, Events, Mixed Use, New Construction, Office Space, PROFILE Exclusive, Retail, Sustainable Building, Wynwood, Zoning Tags Joe Furst, Place Projects, 545 Wynwood, 545Wyn, Newmark Knight Frank, Sterling Bay, Gensler Architects, Featured
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Legacy Hotel & Residences Reveals New Renderings With Construction Set To Begin Summer 2020

Legacy Hotel & Residences Reveals New Renderings With Construction Set To Begin Summer 2020

February 17, 2020

On the heels of Miami-based real estate developer Royal Palm Companies (RPC) officially launching sales for Downtown Miami’s newest mixed-use tower, Legacy Hotel & Residences, las month, the developer has now released new renderings and plans on breaking ground in the Summer of 2020 with completion estimated for the Fall of 2023.

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In Architecture, Amenities, Commercial, Construction, Construction News, Construction Update, Design, Downtown, Hospitality, Hotels, Mixed Use, New Construction, News, Residential Tags OneWorld Properties, Peggy Olin, Legacy Hotel & Residences At Miami Worldcenter, Legacy Hotel & Residences, Dan Kodsi, Royal Palm Companies, Downtown, downtown, News, New Construction, Commercial, Hotels, Hotel, Hospitality, Mixed Use, Design, Design Update, Architecture, Miami World Center, Miami Worldcenter, Residential, Micro-Units, microLUXE, Amenities, Construction Update, Construction News, Construction, 942 NE 1st Ave., 942 Northeast First Avenue, Featured
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Video: 2000 Ocean by KAR Properties Construction Update

February 13, 2020

New York-based developer KAR Properties has shared their latest construction update and renderings for 2000 Ocean, a beachfront condo development in Hallandale Beach. It has been going vertical since June 28th, when Suffolk poured one of the largest concrete pours in the city in a decade. Today, the building is over 50% complete and hurricane glass has been installed up to the eighth floor.

Upon completion, the building will be positioned closer to the ocean than its neighboring buildings and will include luxury amenities like furnishings by the Italian design brand Minotti, a transformative art curation program spearheaded by curator Megan Kincaid, and wellness amenities found in some of the world’s most luxurious resorts.

KAR Properties expects to finish construction of 2000 Ocean in mid-2021.

Exterior renderings.

Exterior renderings.

Poolside at dusk.

Poolside at dusk.

Sauna.

Sauna.


By Katya Demina

In Construction, Construction Update, Construction News, Hallandale Beach, Luxury Real Estate, New Construction, PROFILE Exclusive, Residential Tags 2000 Ocean, Minotti, Minotti Cucine, Megan Kincaid, Kar Properties, Suffolk Construction, Featured
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TSG Group & Lineaire Group Reveal Wynwood Haus Designed by Corwil Architects

TSG Group & Lineaire Group Reveal Wynwood Haus Designed by Corwil Architects

February 12, 2020

TSG Group and Lineaire Group have revealed plans for Wynwood Haus, a 20-story residential project designed by Corwil Architects. Wynwood Haus will be a residential apartment rental building offering 224 residential units. 42 of the residential units will be micro units, just under 400 SF.

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In Arts + Entertainment Dist, Construction, Construction News, Construction Update, Design, Architecture, New Construction, News, Commercial, Rentals, Residential, Wynwood Tags Wynwood Haus, Wynwood, TSG Group, Lineaire Group, opportunity zone, Opportunity Zone, Apartment Rentals, Apartments, Micro-Units, Corwil Architects, News, New Construction, Construction Update, Miami Urban Development Review Board, Design Update, Architecture, Design, Arts + Entertainment Distr, Arts + Entertainment District, Wynwood Arts District, Commercial, Construction News, Construction, Residential
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Event Announcement: People to Watch Leaders in South Florida Real Estate

February 5, 2020

PROFILEmiami, South Florida’s leading real estate news and events platform, is pleased to present People To Watch: Leaders in South Florida Real Estate for a night of networking, drinks and panel discussions with South Florida’s up-and-coming generation of real estate luminaries.

Commercial real estate is demanding, determined by a variety of external factors, and is a relationship-oriented business, so join us to learn firsthand from South Florida’s real estate leaders about how they are shaping the industry, what innovative strategies they’re employing and how they got to where they are today. We hope to engage, inspire and connect the next generation of real estate leaders. Lock in early bird pricing and get your tickets today!

Panelists:

Ryan Shear, Managing Partner, PMG

Peggy Olin, CEO, One World Properties

Joe Furst, Principal, Place Projects

Moderator: Philip C. Rosen, Shareholder, Becker

We will be exploring topics such as:

  • What new projects are emerging real estate leaders working on? ( Exclusive Special Announcement from one of our Panelists)

  • How did they get to where they are and what was their first significant project?

  • What industry trends or concerns are top of mind today?

  • How will the South Florida CRE landscape change over the next cycle?

  • What is the best way to position yourself for success?

  • Plus time for Q&A from the audience

Event Page: http://profilemiamire.com/profilemiami-presents-people-to-watch-leaders-in-south-florida-real-estate-x-miami

Date: Thursday, March 5th | 7-9:30pm

Location: X Miami, common area upstairs

About PROFILEmiami:

PROFILEmiami, a subsidiary of PROFILEmedia, was launched in 2016 to be your one stop destination for South Florida real estate news, events and content. We provide original coverage of the residential, commercial, development, construction, design and brokerage worlds, with a focus on the latest new developments, market trends, local happenings and events, and luxury homes.

In addition to the online publication, PROFILEmiami also hosts industry events, bringing together the top real estate professionals in South Florida to engage, connect and educate our readers. We curate an all-star lineup of panelists, in addition to providing turn-key event production and execution, concept development and vendor securement for our partners. At PROFILEmiami we collaborate with some of the most influential players in the South Florida real estate industry to keep you on the market’s cutting edge.

PROFILEmiamire.com

@profilemiami

In Construction Update, Construction, Education, Events, Investment News, Luxury Real Estate, Market Insight, New Construction, News Tags Featured, Ryan Shear, Peggy Olin, Peggy Fucci, Joe Furst, PMG, One World Properties, Place Projects
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Monaco Yacht Club & Residences By Optimum Development USA Announces Groundbreaking

February 4, 2020
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Monaco Yacht Club & Residences, an enclave of 39 luxurious waterfront residences with a private marina, has announced that it will be breaking ground imminently. Optimum Development USA, Moss, the appointed general contractor of the condominium, and Fortune Development Sales will host a groundbreaking event this week to commemorate the start of construction on the site, which is located at 6800 Indian Creek Drive. 

The 12-story boutique condominium is slated for completion in early 2021 and is on one of the last remaining waterfront properties in Miami Beach’s MiMo District. “The initial success of the sales process is a true testament to the demand buyers have for the pursuit of pleasure combined with the intimacy of a full-service boutique building,” said Ricardo Tabet, CEO of Optimum Development USA. “Featuring the extraordinary talents of Piero Lissoni and Bernardo Fort-Brescia of Arquitectonica, Monaco Yacht Club & Residences introduces a new dimension in urban, waterfront living in one of the world’s leading destinations for elegant and sophisticated design.”

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Monaco Yacht Club & Residences will include one to four bedroom residences, ranging in size from 918 to nearly 5,000 square feet. A limited collection of two penthouses will offer expansive living areas, including private terraces with summer kitchens, starting at 2,888 square feet. Primed for indoor-outdoor living and entertaining, the homes will feature wraparound terraces – each with finished floors and ceilings and sweeping views of Biscayne Bay, the Atlantic Ocean and the Miami skyline – as well as contemporary Italian kitchens by Boffi.  

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Additional highlights within the residences will include stone countertops, 10-11-foot high ceilings throughout, walk-in closets, private elevator entrances, and premium bathroom interiors featuring imported Italian marble flooring, spacious tubs and frameless, glass-enclosed rainfall showers with designer faucets. The building will be pre-wired for Home Automation systems to accommodate the latest smart technology.  

Offering the best of a yachtsman’s lifestyle, Monaco Yacht Club & Residences will feature a 12 slip marina available exclusively to residents, as well as a yachting concierge for maintenance needs, yacht charters or sailing, and fishing excursions. Other waterfront amenities include paddle boarding, kayaking and more. The resident’s lounge will include a library and breakfast bar for leisurely waterfront dining.

Monaco Yacht Club & Residences are priced from $1.1 million. 

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By Katya Demina

For more sales information please fill out the form below.

In Construction, Construction Update, Design, Interiors, Miami Beach, Mimo, New Construction, Residential Tags Monaco Yacht Club & Residences, Optimum Development USA, Moss & Associates, Fortune Development Sales, Fortune International Group, Ricardo Tabet, Piero Lissoni, Bernardo Fort-Brescia, Arquitectonica, Featured
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