Rendering via BINYAN Studios
FIRST ON PROFILE: West Palm Beach will soon welcome its first branded luxury real estate development to one of Florida’s fastest growing metropolitan cities. Terra, one of South Florida’s most active real estate development firms, and the Palm Beach-based Morrison family’s Sympatico Real Estate, have unveiled plans for Mr. C Hotel & Residences in West Palm Beach, Florida.
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Brickell Miami, LLC, an affiliate of Constellation Hotel Holdings LTD, just sold the iconic SLS Brickell Hotel, a mixed-use hospitality development in the heart of Downtown Brickell, Miami located at 1300 S Miami Ave, in a $55 million in an off-market, cash transaction to an affiliate of the Albania based Kastrati Group. Miami based Broker Jordan Karp of Jordan Karp, LLC represented the Buyer in this off-market cash deal with the assistance of Disruptive Real Estate CEO Stefano Santoro.
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Construction is nearing completion at Thompson Hotel South Beach which is being developed by Finvarb Group, led by Ronny Finvarb, and Chahine Investment Corp. Glass has been installed at the architectural masterpiece by world-renowned French architect Rudy Ricciotti, its iconic wave design is already making a statement in Miami Beach. The Thompson Hotel South Beach is set to transform the nexus of Washington Ave. and 17th St.
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Gale Hotel & Residences Miami has launched sales of their fully approved short-term rental building in Downtown Miami with pricing starting in the mid $400K’s. The project located at 601 First Avenue in Downtown Miami is a flagship project developed by hospitality entrepreneur Keith Menin along with Marisa Galbut, through their development firm, Sixth Street Miami Partners LLC, by GFO Investments.
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Dolce&Gabbana has unveiled 888 Brickell, its first real estate project in Miami, in collaboration with developer JDS Development Group. The supertall tower will be the tallest building in the city at 1,049 feet, rising 90-stories, and will offer 259 custom residences interior designed comprehensively by Dolce&Gabbana, along with a 5-star hotel.
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The Wharf Miami will close on Saturday, September 16 to make way for the expansion of the venue at the highly anticipated Riverside Wharf development. The iconic entertainment venue has welcomed millions of guests, hosted hundreds of cultural experiences and events, and became a space where countless cherished memories were made for all who have experienced the venue since its doors opened in November 2017.
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SHVO, the ultra-luxury real estate development and investment firm led by Michael Shvo, has secured $190 million in new financing for The Raleigh Hotel & Residences, Miami Beach, a significant milestone in the next chapter of the iconic art-deco storied property. The loan, provided by BH3 Debt Opportunity Fund II, L.P. led by BH3 Management through its opportunistic credit platform, closed earlier this week. Construction is well underway and the property is on-track to open in 2026.
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Rendering by Binyan Studios
FIRST ON PROFILE: Swire Properties has revealed the first official details of One Island Drive, an unparalleled residential and hospitality destination set within a secluded island sanctuary moments from Miami’s vibrant urban core. Surrounded by waterfront vistas, One Island Drive will be one of the crowning achievements of Swire Properties’ portfolio of world-class properties and is destined to be a defining landmark on the Miami skyline.
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Okan Tower, the new mixed-use megaplex set to become one of the tallest towers on Downtown Miami’s skyline at 902', has revealed a first look at the luxurious renderings of its Hilton Miami Bayfront Hotel. Showcasing the awe-inspiring lobby entrance, reception area, and lobby bar, the sophisticated design created by interior designer Adil Tunca, is highlighted with sweeping, breathtaking views of vibrant Downtown Miami and Biscayne Bay.
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Leading visionary real estate development firms Witkoff and PPG have revealed The Residences at Shell Bay, an unmatched new luxury destination in Hallandale Beach, in partnership with Auberge Resorts Collection, the highly awarded hospitality operator with an acclaimed portfolio of luxury boutique hotels, resorts, and residences. The private golf course, known as The Shell Bay Club, will open this winter and will be the first new golf course in the Miami area in over 25 years.
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