The Real Entry of the Multimillion-Dollar, Ultra-Luxury Condo to Downtown Miami

In the past 10 years, Downtown Miami has seen a mere 152 closed condo sales over $1 million. The most expensive closing, a 4 bedroom unit in Marquis Residences which sold for $4.2 million, followed by a 3 bedroom unit sale at Epic Residences for $3425,000. The area is new and coming into its own with the opening of the American Airlines Arena, Adrienne Arsht Center for the Performing Arts, Pérez Art Museum Miami, and the Phillip and most recently, the Patricia Frost Museum of Science. Now, Downtown Miami is ready to supplant itself as one of Miami's premiere neighborhoods and pricing to live in the area is set to rocket up. Great buildings such as Marquis Residences, Ten Museum Park, 900 Biscayne, Marina Blue and Epic Residences, amongst others, already feature closings that have eclipsed the $1 million mark; but, a selection of new buildings including the ultra luxury One Thousand Museum, Aston Martin Residences, and PARAMOUNT Miami Worldcenter are going to quickly escalate that number.

One Thousand Museum

One Thousand Museum

One Thousand Museum is a true architectural masterpiece. Zaha Hadid's last residential tower, the building is truly is a class of its own. The building is ultra-luxury, featuring a mere 83 units on land that is zoned for up to 550 units. Residences part of a limited collection of "museum-quality homes" that offer "an unprecedented level of service and amenities." Pricing firmly supplants the building for the elite as units range from $5.5 million to over $20 million and 4,600 SF to over 10,000 SF. The smallest unit in the entire building is a half-floor. The residence's floor plans offer "east to west" flow-through layouts, 12-foot ceilings, oversized terraces, private elevators, an 86' long great room, media den, family room, custom Italian Kitchens by Poliform, Gaggenau appliances, Poliform closets, Apure interior lighting, Crestron smart home innovation and exclusive interiors by Zaha Hadid.Amenities include a state-of-the-art fitness center, full-service spa, beautifully landscaped pool deck, private theater, sky lounge and art gallery. Tour the full floor, $20.7 Million Unit 5201.

Aston Martin Residences

Aston Martin Residences

Aston Martin Residences will truly be a building for the luxury enthusiast. This exciting project is located in the second lot on the Miami River, next to Epic Residences and One Miami. Units are extremely pricey, starting at $500,000 and range up to $7,000,000 for the "River and Panoramic Residences" part of the building, and $14,000,000 to $35,000,000 for the "Penthouses." The ultimate unit will be a triplex penthouse that comes complete with a private pool, helipad and Aston Martin Vulcan. The tower's interiors will feature lighting and handmade detail based on the car in addition to hand-adorned residence door numbers from the same jewelers that place the logo on the hood of Aston Martin cars. The building will features floor-to-ceiling glass with no visible concrete, including glass encased support beams. Sales just launched (Summer 2017) and it is reported that pre-sales already exceed $100 million in Aston Martin's first branded residential tower. Tour their newly opened, multimillion-dollar sales center.

Aston Martin Residences

PARAMOUNT Miami Worldcenter

PARAMOUNT Miami Worldcenter

PARAMOUNT Miami Worldcenter is the largest building and community of the three, and will be the luxury residential centerpiece of the larger Miami Worldcenter initiative. PARAMOUNT Miami Worldcenter rise 60 stories and features 513 condominium units along with 450K SF of retail space and easy access to Miami Worldcenter, which will feature a plethora of retail, dining, entertainment, office space, etc. on their high-street retail concept. For those that want to live in the center of it all in unparalleled luxury, PARAMOUNT Miami Worldcenter offers their Penthouse Collection, 26 exclusive penthouse residences. The penthouses will consist of 18 large single-story residences and 8 two-story duplex residences. Penthouse Residences will range in size from 3,500 SF - 6,000 SF and come in 4 and 5 bedroom layouts; additionally, penthouse residences will range in price from $3.5 to $9.5 million. Penthouses will feature panoramic views, private elevator access, 10-foot ceilings, European kitchens and bathrooms complete with rain showers and spa tubs, as well as larger entertainment spaces. Residences also include chef's kitchens including 12-foot islands and the highest quality Gaggenau appliances including a full-size wine cooler and premium induction cooktops. The penthouses will be part of the tower’s four-level Skydeck, which is designed to look like the helm of a magnificent Italian super yacht and will feature its own sky view lounge, sunrise pool, observatory, infinity pool, sundeck and Tai Chi deck. Check-out the unveiling of the 26 Exclusive "Penthouse Collection" Residences. 

PARAMOUNT Miami Worldcenter

Tour The Full-Floor Residence Located on the 52nd Floor of Zaha Hadid's One Thousand Museum Asking $20.7 Million

Unit 5201 in Zaha Hadid's One Thousand Museum is part of a limited collection of "museum-quality homes" that offer "an unprecedented level of service and amenities." It is one of eight exclusive residences in One Thousand Museum's Zone 4, which features eight 10K+ SF, full-floor residences with 360 degree views, the only of their kind in Miami. It is currently asking $20,700,000.  

5201 features 5 bedrooms and 7.5 bathrooms spread over 10,353 SF with an additional 1,180 SF of outdoor space. The residence's floor plan offers an "east to west" flow-through layout, 12-foot ceilings, oversized terraces, private elevators, an 86' long great room, media den, family room, custom Italian Kitchens by Poliform, Gaggenau appliances, Poliform closets, Apure interior lighting, Crestron smart home innovation and exclusive interiors by Zaha Hadid. The full-floor, 360 degree layout of the residence offers views of Biscayne Bay, Miami Beach, Atlantic Ocean, Brickell, Coconut Grove, Coral Gables and Key Biscayne. Amenities include a state-of-the-art fitness center, full-service spa, beautifully landscaped pool deck, private theater, sky lounge and art gallery.

YOTEL Gets Final Approval for Downtown Site, Will Be Built Without Parking

The YOTEL has gotten its final approvals to come to Downtown Miami from Miami's Planning & Zoning Department. The hotel will be built without parking as the 10 story parking structure was not approved, an increasingly popular aspect of new construction buildings in the Downtown area as Miami continues to grow into a more pedestrian city. The YOTEL will be a 29 story tower, which is being designed by Stantec, will include both 188 apartment rentals and 225 micro-sized hotel units. The YOTEL is being developed as a joint venture between Agarat, a Kuwaiti real estate company, and Aria Development Group.

Tour the Newly Opened Sales Gallery at Aston Martin Residences

G and G Business Developments, the developers behind Aston Martin Residences, and Aston Martin, have unveiled the luxurious, three-level gallery style Sales Center located at 300 Biscayne Boulevard. The Sales Center showcases signature Aston Martin elements and materials that will be incorporated into the design of the building, along with a $2.5 million limited edition Aston Martin Vulcan, one of only 24 in the world will be on permanent display at the sales center’s entrance.

“In this, our first residential development, the interiors are inspired by Aston Martin, but take into consideration Miami’s tropical environment. Our design language is based on beauty and the honesty and authenticity of materials. It’s simple and pure and it has an elegance attached to beautiful proportions. We are incorporating AstonMartin’s DNA through subtle details and fine craftsmanship, with an emphasis on comfort,” said Aston Martin EVP and Chief Creative Officer Marek Reichman. Reichman designed the interior spaces including the two private lobbies, the 2 level fitness center with ocean views and the full-service spa amongst other amenity spaces in the development. These beautiful spaces will be encased in a bold sail-shaped building, an engineering masterpiece designed by Revuelta Architecture and Bodas Miani Anger, renowned for creating landmark properties that are aesthetically pleasing and yet grounded in performance and purpose.

The tower's interiors will feature lighting and handmade detail based on the car in addition to hand-adorned residence door numbers from the same jewelers that place the logo on the hood of Aston Martin cars. The building will features floor-to-ceiling glass with no visible concrete, including glass encased support beams. Units start at $500,000 and range up to $7,000,000 for the "River and Panoramic Residences" part of the building and $14,000,000 to $35,000,000 for the "Penthouses." The ultimate unit will be a triplex penthouse that comes complete with a private pool, helipad and Aston Martin Vulcan.

“We have been overwhelmed by the positive response from the market – pre-sales are extremely encouraging and I’m delighted that we are on schedule both in terms of the development and pre-sales. In Aston Martin, we found the perfect partner – one that resonates globally and is the definition of timeless luxury. Together with the Aston Martin design team, we are creating the ultimate tower that will contribute to redefine the new Miami skyline and support to the local economy and the wider community,” said German Coto, CEO of G and G Business Developments. Aston Martin Residences is expected to break ground this fall (Fall 2017) with expected delivery in 2021. 

Check-out our latest coverage of Aston Martin Residences newest release of renderings from earlier this month (June 2017). 

Real Madrid to Open First Real Madrid Café in United States in Met Square

Real Madrid will open their first Real Madrid Café in the United States in Met Square. The restaurant will cover 12,000 SF over two stories, a 4,000 SF ground level and an 8,000 SF second level. It will feature a restaurant, bar, Real Madrid merchandise store and a VIP lounge. Real Madrid Café is expected to open in early 2018. Met Square is the final phase of Metropolitan Miami which includes the residential towers Met 1, Met3 and Avant, along with the Wells Fargo Center known as Met 2, JW Marriott Marquis Miami and Hotel Beaux Arts Miami. Met Square will also feature Silverspot Cinema. 

Skyrise Releases New Renderings, Nears Completion of Wind-Tunnel Tests

Skyrise has completed their wind-tunnel testing and have released new renderings of the project as they near the potential groundbreaking. The new renderings show greater detail of the proposed attractions including bungee jumping and a stunning observation deck. The entertainment and observation tower is being designed by Arquitectonica and under development by Berkowitz Development Group. 

More New Renderings Released of Aston Martin Residences, Sales Center to Open Tonight (6/22/17)

New renderings of Aston Martin Residences have been released just as they prepare to open their brand new, luxurious, three-level gallery style Sales Center. The Sales Center will showcase the signature Aston Martin elements and materials that will be incorporated into the design of the building, along with a $2.5 million limited edition Aston Martin Vulcan, one of only 24 in the world will be on permanent display at the sales center’s entrance. The tower's interiors will feature lighting and handmade detail based on the car in addition to hand-adorned residence door numbers from the same jewelers that place the logo on the hood of Aston Martin cars. The building will features floor-to-ceiling glass with no visible concrete, including glass encased support beams. Units start at $500,000 and range up to $7,000,000 for the "River and Panoramic Residences" part of the building and $14,000,000 to $35,000,000 for the "Penthouses." The ultimate unit will be a triplex penthouse that comes complete with a private pool, helipad and Aston Martin Vulcan.

CentralFare Food Hall at MiamiCentral Expected To Open Fall 2017

CentralFare, the food hall and gourmet market at MiamiCentral, is expected to open in Fall 2017. The project includes over 50,000 SF of restaurant space featuring over 20 vendors including Monger by the Voltaggio Brothers, which will be CentralFare’s signature sit-down restaurant, 800 Degrees Italian concept, Miami Smokers, Parliament Coffee, Romanico’s Chocolate and Rosetta Bakery. CentralFare will also bring in big-name chef's from both a local and national level as they aim to create a new culinary experience in Downtown Miami. MiamiCentral is an 11-acre mixed-use, live, work, play style develompment that will also feature All Aboard Florida express trains connecting Miami to Orlando.

Check-out our December coverage of new tenant announcements for CentralFare and MiamiCentral. 

New Information Released on 110 Tenth, Worldcenter's Pickard Chilton Designed Office Tower

Miami Worldcenter recently announced that a new, 45-story, futuristic office tower would be built as part of their development initiative. The tower is currently known as 110 Tenth and new details reveal that the 45-story tower would be built above the 12-story podium of PARAMOUNT Worldcenter residential condo tower. The podium houses parking along with their amenity deck and high-street retail space. Pickard Chilton has designed the office tower, although Stantec is the Architect on record, which will feature a futuristic "diagrid" design in addition to 600,000 SF of Class A office space and 944,000 gross SF. Construction is expected to begin in the Q2 of 2018, with occupancy expected in late 2020. 

Check-out our original coverage of the futuristic office tower by Pickard Chilton.

Nexus Riverside Central Proposed by Adler Group, to be Reviewed by Special Estate Counsel

A $465 million project on the Miami River proposed by Adler Group on the site of the City of Miami's Administrative Headquarters is headed for review by a special estate counsel authorized by the City Commission. Adler Group has proposed an exchange of constructing a new building and parking garage somewhere else in Miami in exchange for the right to build on the site. Nexus Riverside Central would include 3 residential tower with 1,350 residential units and a 150-room hotel along with 30,000 SF of shopping and dining. Adler Group would pay $335 million in rent to the city in a 90-year ground lease on the property. Approval by the special estate counsel would lead to the project appearing on the November ballot and would move Miami's Administrative Headquarters away from the Miami River which has become a hotbed for development in recent months with projects such as One River Point and Aston Martin Residences.