The Wynwood Arts District, famously known for its striking graffiti walls and vibrant arts and entertainment scenes, is now one of Miami’s most desirable places to live, work and play, with some of the biggest names in tech, dining, fashion and hospitality setting up shop in the neighborhood. PROFILEmiami had the opportunity to speak with Related Group’s Senior Vice President, Nick Pérez, to learn more about this exciting new development and what the future holds for the area.
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Rilea Group Acquires Final Parcels To Complete Assemblage for Mohawk Wynwood
Rilea Group has closed on an expansion of its assemblage for its rental project Mohawk at Wynwood for $5.7 million, represented by Alfredo Riascos of Gridline Properties. The seller was represented by Alfonso Jaramillo of Fortune. The purchase brings Mohawk’s site to 78K square feet, which sits adjacent to its short-term luxury rental property, The Rider Wynwood.
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Clara Homes Closes On $26 Million Construction Loan For Clara Bay Harbor Luxury Rental Development
The Miami-based Clara Homes, led by James Curnin, has closed on a $26 million construction loan financed by Maxim Capital for Clara Bay Harbor. The three-building development, Miami’s most anticipated new ground-up luxury rental community, will feature 150 total residences with five-star service and a suite of thoughtful amenities. Clara Bay Harbor’s first building is slated to break ground this March.
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PMG, Lion Development Group and Marc Roberts Companies Launch West Eleventh Residences In Collaboration With AirBNB
PMG, Michael Simkins’ Miami-based Lion Development Group, and Marc Roberts Companies have launched sales for West Eleventh Residences, their third luxury short-term rental tower in Downtown Miami’s hot Park West neighborhood now dubbed District 11. Located at 18 NW 11th Street, West Eleventh Residences will offer short-term rental flexibility and a first-time opportunity for owners to enjoy fully centralized management with the ability to host guests 365 days a year on Airbnb.
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Clubhouse
The Village at Coral Gables Reveals New Renderings Giving First Look At Its Luxurious Wellness Club
Coral Gables-based renowned boutique luxury real estate development firm MG Developer has revealed its latest renderings of The Village at Coral Gables’ Wellness Club, spanning nearly 4,000 SF. Stunning amenities and features include an indoor and outdoor terrace lounge that is ideal for events and gatherings; a fitness wing; a luxurious plunge pool as well as a library and conference center; perfect for residents who enjoy working remotely and are looking for all the office amenities.
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EDITION Hotels And Location Ventures Break Ground On EDITION Residences Fort Lauderdale
Real estate investment firm Location Ventures and Marriott International’s EDITION Hotels has broken ground on EDITION Residences Fort Lauderdale. The milestone signifies the launch of construction for the first luxury branded residences on the city’s Intracoastal that will feature two 11-story towers with 65 spacious condominiums. EDITION Residences Fort Lauderdale will continue to raise the bar as it attracts discerning buyers who seek upscale amenities paired with a South Florida lifestyle.
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Terra Launches Leasing For The Arquitectonica-Designed 'The Offices At THE WELL' in Miami's Bay Harbor Islands
One of Miami’s most in-demand neighborhoods is getting a welcomed dose of modern office space. The Offices at THE WELL is part of a new mixed-use development set to rise in Miami’s exclusive Bay Harbor Islands neighborhood, becoming the first high-end office building to launch in the community in decades. Developed by Terra, THE WELL Bay Harbor Islands development will include 98,420 SF of class AA office space and 54 luxury residences.
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Location Ventures Breaks Ground on URBIN Coconut Grove
The Miami-based real estate developer Location Ventures has broken ground on URBIN Coconut Grove. The milestone signifies the launch of construction for the second location for URBIN, a mixed-use brand that unites design-forward residences for short- or long-term rental with flex workspaces, wellness amenities, social activations, and lifestyle-oriented retail, all in one address.
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ALTARA Properties Launches Sales Of Newly Completed Casa Azzura Luxury Townhomes In Coconut Grove
ALTARA Properties has launched sales of Casa Azzura Coconut Grove, a newly completed luxury tropical modern townhome development designed by renowned Venezuelan-architect Mario Bocaranda in Miami’s hot West Grove section of Coconut Grove. The new construction residences are available for purchase and are priced at $2 million per unit. Sales are overseen by ALTARA Properties which is led by PROFILEmiami co-founder Demetri Demascus.
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Cipriani Residences Miami Reveals Exclusive Sales Gallery Designed By 1508 London
On the heels of revealing the distinguished interiors by 1508 London, Cipriani Residences Miami, the brand’s first-ever ground-up residences in the nation, has officially opened its sales gallery in Brickell. This milestone will continue to showcase the effortless style, world-class service, and sense of history and tradition of the Cipriani brand and the strength of the vision conceived by the project’s developer, Mast Capital.
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