Merrick Manor in Coral Gables has announced the sale of a ground-floor retail condominium to Talent Hub Agency, where the firm will open their new Miami headquarters following the acquisition. Merrick Manor is a mixed residential and commercial luxury condo building developed by the Henry Torres-led Astor Companies.
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PROFILE Exclusive: Strong Sales at Villa Valencia Total $12 Million in Last 30 Days
Villa Valencia experienced strong sales momentum in the last 30 days, despite global market challenges. The project successfully sold $12 million of its inventory, amounting to four residences ranging from three- to four-bedrooms. Now 25% sold, the buyer demographic includes locals and a few from Mexico.
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Apex Capital Realty Oversees Acquisition of Former Midas Retail Site On Le Jeune Road
Apex Capital Realty’s Miguel Pinto acted as the sole broker in the 5,718 SF retail building deal at 900 S Le Jeune RD in Miami, FL which closed for $1,575,000 on Friday. Coral 900 LLC. which controlled by Christian Vasquez, purchased the 5,718 Square Foot retail site from the HAROLD NOORDHOEK Revocable Trust.
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Artefacto Begins Construction on New DOMO-Designed U.S. Flagship In Coral Gables
Brazilian furnishings brand Artefacto has celebrated the groundbreaking of their new US flagship in Coral Gables located on the high traffic US1. The 45,000 SF bi-level structure will feature an eye-catching modernist design by the renowned DOMO Architecture + Design, with interiors by Patricia Anastassiadis.
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Miami-Dade Orders All Hotels And Short-Term Rentals To Shut Down Due To COVID-19
Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. The announcement comes as Miami’s next step in curbing the spread of COVID-19 which has now surpassed 560 cases in Florida and over 123 in Miami-Dade.
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13th Floor Investments & Adler Group Lock Down $99 Million In Construction Financing For 2nd Tower At Link at Douglas
Miami-based real estate developers Adler Group and 13th Floor Investments have finalized a $99 million loan that will open the door to the construction of a second tower at Link at Douglas, a 7-acre master-planned development that will transform Miami-Dade County’s Douglas Road Metrorail Station into a mixed-use transit hub with residential, retail and commercial office uses.
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PROFILE Exclusive: First Look at Location Ventures New Renderings of Villa Valencia Entertainment Spaces
Villa Valencia developer Location Ventures, led by CEO Rishi Kapoor, has just released brand new renderings of the boutique project in a PROFILE exclusive. The images reveal the building’s entertainment spaces, designed to promote community and foster relationships, offering a neighborhood feel to condo living. New images include the luxe lounge & terrace, movie theatre and outdoor cucina with sweeping city views.
Recently, Villa Valencia completed $10 million in sales at record-breaking prices for the area. The project broke ground in June 2019 and will feature 39 ultra-luxury, estate-sized residences once completed. The building includes units that range from three-to five-bedrooms, spanning 2,616 to 4,267 square feet, and several penthouses. Each of the penthouses will have a private plunge pool, while every home will have deep terraces and at least one corner exposure, offering views of the city skyline and golf course.
The 13-story development is keen on presenting a refined, modern living experience that is centered on wellness. It is the first U.S. condominium to partner with Delos to offer its DARWIN Home Wellness intelligence network, which uses innovation to bring the best of natural outdoor conditions, inside. Kapoor says, "One of our core philosophies is wellness. And at Villa Valencia, we believe that the buyer sees health as the ultimate wealth, leading them to strive for a daily environment that is as healthy as their lifestyle. By providing wellness enhancing features such as air purification, circadian lighting, and water filtration through DARWIN by Delos in every residence, we are taking a stake in the expanding welltech industry to create real estate that is better for residents and fits with their day-to-day philosophies."
In addition to the entertainment spaces, a complete amenities program will include a hammam, steam room, hydrotherapy plunge pools, his-and-her saunas, 78-foot resort-style pool with a lap lane and waterfall that is complemented by two summer kitchens and spacious sunbeds, tea room, lively entertainment room with billiards, as well as golf and driving simulators in addition to a state-of-the-art fitness center.
Villa Valencia residences start from $1.65 million.
By Stephanie Warren
Terranova Reveals Arquitectonica-Designed Hotel On Coral Gables' Miracle Mile
Terranova Corporation has revealed a new hotel design by Arquitectonica which has been proposed on Coral Gables’ Miracle Mile. The design was influenced by Mediterranean architecture and the historic Biltmore Hotel. The hotel will offer 120 hotel rooms and 36,778 SF of ground floor retail which will also feature restaurant space.
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Villa Valencia Launches Sales In Coral Gables
Villa Valencia has launched sales in “The City Beautiful,” bringing a new residential address that blends private luxury with a true downtown lifestyle. The project is being developed by Location Ventures, the Miami-based real estate investment firm with a portfolio of residential and mixed-used projects throughout South Florida.
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Consul of Switzerland Lists Waterfront Coral Gables Home For $2.245 Million
Ferdinand Kurt, the consul of Switzerland and former CEO of Panalpina and Kuehne & Nagel, 2 major global logistic companies, has listed his Miami home for $2.245 million. While living there, the house served as the official Swiss Consulate in Miami.
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