The Elser Hotel & Residences Miami, a 49-story new construction luxury condominium located at 398 NE 5th St., has successfully closed on $80 million in sales in less than 60 days. This immense sales volume marks the pivotal return of Latin American investment in South Florida, with 75% of sales coming primarily from Colombia, Mexico, and Chile, as well as the continued fervent demand for turnkey, new construction residences.
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Related Group, Two Roads Development and Rockpoint Reveal Rivage, Bal Harbour's First New Condo In Over A Decade
Industry leaders Related Group (Related), Two Roads Development and Rockpoint have revealed Rivage Bal Harbour (Rivage), a rare condominium property located in one of South Florida’s most exclusive enclaves. Made up of only 61 sky villas, the oceanfront development boasts an all-star design team, with Skidmore, Owings & Merrill (SOM) and Rottet Studio leading architecture and interior designs, respectively.
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Terra and Turnberry Tap Balfour Beatty As GP For Grand Hyatt Miami Beach Convention Center Hotel
Two of South Florida’s premier real estate developments groups, Terra and Turnberry, have selected Balfour Beatty as the general contractor for the new Grand Hyatt Miami Beach Convention Center Hotel. Located at the intersection of 17th Street and Convention Center Drive, the 17-story, 800-room hotel will serve as the central anchor of the Miami Beach Convention Center District
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The Ritz-Carlton Residences, Palm Beach Gardens Launches Sales of the Estate Residences
The Ritz-Carlton Residences Palm Beach Gardens with local-based development, construction, and management firm Catalfumo Companies, has officially launched sales. Coined The Estate Residences, the property is located on an 11-acre site along the Intracoastal Waterway in Palm Beach and will deliver 106 ultra-luxury condominiums housed within three six-story buildings.
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Upper PH 1
Casa Bella by B&B Italia Debuts Penthouse Collection In Downtown Miami
Casa Bella Residences by B&B Italia, which aims to bring the best of Italian design and lifestyle to Downtown Miami, has unveiled plans for the tower's dramatic penthouse collection that includes a pair of 54th-floor triplex residences with expansive rooftop terraces and Biscayne Bay views. Developed by Related Group in partnership with Alta Developers, the 56-story condominium tower offers 317 luxury residences.
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Brightline Reveals New Renderings Giving First Look Inside Its Future Orlando Station
Brightline, the only provider of modern, eco-friendly, intercity rail in America, is pulling back the curtain on Central Florida’s latest attraction, Brightline’s Orlando Station. Brightline has released a video and renderings of the future station, located at Orlando International Airport, that will connect millions and regionalize the state.
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New York-Based Hospitality Concepts Add a New Level of Sophistication to Wynwood’s Culinary Scene
Designed in collaboration with globally-renowned partners DesignAgency and Arquitectonica, the nine-story building offers 329 turnkey homes. Layouts range from studios to two bedrooms, each featuring floor-to-ceiling windows and private balconies. All units will come fully furnished, with packages thoughtfully curated by DesignAgency.
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Global Investment Management Firm Pretium Signs Lease At Eighteen Sunset In Miami Beach's Sunset Harbour
Specialized investment management firm Pretium plans to open an office at Deco Capital Group’s Eighteen Sunset, a Class A office building being constructed at 1769 Purdy Avenue in Miami Beach. Pretium has leased 11,591 square feet on the fourth floor of the project, which together with other completed leases represents approximately 80% of all available office space at Eighteen Sunset.
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Kobi Karp, Dan Kodsi, Katya Demina, Michael Simkins, Demetri Demascus and Dan Kaplan
Inside PROFILEconnect: The Evolution of Downtown Miami Into a Global Cultural And Business Hub
On Tuesday, November 15th, PROFILEmiami teamed up with PARAMOUNT Miami Worldcenter, Royal Palm Companies, PMG and E11EVEN Partners to host PROFILEconnect: The Evolution of Downtown Miami into a Global Cultural and Business Hub. PROFILEconnect is PROFILEmiami’s high-end bespoke networking event series, bringing together Miami’s real estate and business leaders
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Brightline Aventura Ribbon Cutting
Brightline Opens New Stations In Aventura and Boca Raton
Brightline, the only provider of modern, eco-friendly, intercity rail in America, along with its partners in Boca Raton, Aventura, celebrated the ribbon cutting of its Aventura and Boca Raton train stations. Congressman Carlos Gimenez and Mayors Daniella Levine Cava, Scott Singer and Howard Weinburg were joined by Brightline executives to officially launch the highly-anticipated new stations. The first day of service for Boca Raton and Aventura is December 21, 2022.
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