A 10 story mixed-use project designed by Stantec has been proposed at 1600 Washington Ave. The project is located 1 block away from Lincoln Road and would feature 134 residential units along with 12,863 SF of ground floor retail. Units would range from 1 to 2 bedrooms and be an average of 1,110 SF. The proposal was scheduled for review by the Planning Board on September 26, but will most likely be deferred.
Read MoreThe Iconic Flamingo South Beach to Undergo Massive Renovation Overseen by Stantec
Aimco is planning a massive renovation designed by Stantec at the iconic Flamingo South Beach on the north and central towers. The Miami Beach Design Board Review will meet October 3 to review the proposal. The renovation would include adding retail and restaurant space as well as reducing the number of units in the north tower from 614 to 446 while boosting the size of the residences.
Read MoreTurnberry Associates & LeFrak Close on $101 Million in Financing for SoLeMia in North Miami
Oleta Partners LLC, a partnership between real estate bigwigs LeFrak and Turnberry Associates, has secured a $101 million HUD-insured loan from Wells Fargo for their North Miami development SoLeMia. SoLeMia will ultimately be a 183-acre master-planned community around a 10-acre lagoon with beaches.
Read MoreFeatured Listing: Fly Through the Contemporary Palm Island Mansion With a 15' Waterfall Asking $29.5 Million
Palm Island has been hot through 2017 and there is another stunner on the market. 73 Palm Avenue is a 13,676 SF waterfront villa designed by Choeff Levy Fischman that features 9 bedrooms, 10 bathrooms and 1 powder room. The two-story contemporary also features a private rooftop terrace, disappearing sliding glass doors to optimize indoor/ outdoor living, and a 15' cascading water.
Read MoreNHL Star Jacob Trouba Of The Winnipeg Jets Purchases Residence in Auberge Beach Residences and Spa Fort Lauderdale
Winnipeg Jets star Jacob Trouba has joined Miami Dolphins legend Dan Marino as celebrity and athlete buyers at the under-construction Auberge Beach Residences & Spa Fort Lauderdale. Trouba has purchased a $1.4 million unit in the South Tower. The residence is a 1 bedroom + den with 2 bathrooms which overlooks the Atlantic Ocean.
Read MoreThe Ritz-Carlton Residences, Sunny Isles Beach Releases Exclusive Drone Footage Showcasing Sleek Arquitectonica Design
The Ritz-Carlton Residences, Sunny Isles Beach has released exclusive drone footage showcasing the progress of the tower's construction and highlighting its unique Arquitectonica-designed shape. The luxury condo-tower, which is under development by Fortune International Group and Chateau Group and was designed by Arquitectonica with interiors by Michele Bönan. The Ritz-Carlton Residences, Sunny Isles Beach will rise 52-stories and feature 212 residential condo units. Units start at $2.5 million and include Caesarstone Quartz countertops and Gaggenau appliances. Amenities include a beachfront restaurant, concierge, personal chef service, fuel-delivery service and a private club on the 33rd floor for residents. Completion is expected in 2018. Check-out the these renderings of the project and these sneak preview video tours.
Coastal Construction Takes The Initiative in The Disaster Relief Efforts After Hurricane Irma by Supplying the Florida Keys And The Caribbean With Essentials
Today (9/20/17), Patrick Murphy, the former U.S. Representative for Florida’s 18th congressional district and head of Coastal Cares, the philanthropic arm of Coastal Construction, announced the company’s aid plan to help storm victims in the Florida Keys and the Caribbean devastated by Hurricane Irma. Through the American Red Cross, Coastal has set up a matching fund with its network of subcontractors and employees, committing to matching all financial donations dollar for dollar, up to $25,000, to fund vital building supplies. Coastal has also teamed up with Aria Development Group, who is leading a supply drive for Hurricane Irma survivors in the Florida Keys and the Caribbean, donating an additional $25,000 to the drive and collecting contributions of everyday personal items like toilet paper, toothbrushes, soap, water, canned foods, and blankets, through an established network of drop-off locations (see locations below).
“As a part of the fabric of this community and our family’s deep legacy in the Florida Keys, we felt it was our duty and privilege to pay forward our blessings and lend a helping hand to our neighbors who have been devastated by Hurricane Irma. We are humbled by the tremendous need and are reminded by incidents like this, that we are all citizens of the one global community,” said Murphy.
The story starts long before Hurricane Irma. When Hurricane Andrew buried South Florida in August 1992, Tom Murphy Jr., set out with his mid-size construction company to help rebuild the Florida Keys. The Miami-based general contractor quickly made a name for itself and its disaster recovery efforts, rebuilding Ocean Reef Club and various other structures in south Miami-Dade County. Coastal Construction is now one of the largest privately held general contractors in the Southeast with over $2 billion in current commercial and residential projects underway. The company has built some of Miami’s most notorius projects, including Porsche Design Tower, Paramount Miami Worldcenter, Residences by Armani Casa, Four Seasons Hotel, St. Regis Resort & Residences, Bal Harbour and Ritz-Carlton, South Beach.
Coastal Cares benefits numerous organizations throughout the year including: Miami Bridge, Rebuilding Together, ACE Mentoring Program, Sheridan House Family Ministries, Camillus House, I have a Dream Foundation, Boys & Girls Clubs of Broward County, United Way, Baptist Health Foundation, Education Fund/Teach-A-Thon, Miami Dade County Public Schools and other non-profit organizations.
“At Coastal, caring extends beyond financial contributions. Our team is grateful for our many blessings and will do whatever it takes to help those less fortunate. It’s an important part of who we are as citizens and our corporate culture,” added Murphy.
To donate visit: https://www.redcross.org/donate/cm/coastalconstruction-emp
David Beckham and Partners Make Downpayment to Miami-Dade To Complete Overtown Stadium Assemblage
David Beckham and his partners have made a $450,000 downpayment to Miami-Dade ahead of their September 10th deadline as they move to complete the purchase of the final 3 acres of their 9 acre assemblage in Overtown to bring Miami their future MLS stadium and inaugural franchise. Beckham and his partners are looking to finalize the purchase of the final 3 acres of land currently owned by Miami-Dade via the Water and Sewer Department adjacent to the 6 acres already owned by Beckham. Beckham will not ask for local subsidies to either build or operate the stadium. They also have said they plan to pay full property tax on the land as well as the venue. On December 4, 2015 Beckham and his partners announced that they had executed sales contracts on a nine-acre property in Overtown which was formerly a Miami-Dade Water and Sewer truck depot. Beckham was originally given the option to purchase an MLS franchise when he signed with the L.A. Galaxy in 2007.
Last month we reported that Bruce Matheson had filed a lawsuit against Miami-Dade County, challenging the future use of the land on the basis of its acquisition. Matheson's suit aims to stop the $9 million sale of 3 acres which was sold based on the state of Florida's Economic-Development Law as a no-bid sale and was never offered to other buyers. Matheson has historically been opposed to sport and recreation in Miami, putting the future of the Miami Open in limbo by blocking an expansion to the stadium on Key Biscayne. Miami city officials allege that Matheson's goals seem to be to drive professional sports out of Miami. County commissioners originally approved the sale on June 6 (2017) and Beckham received league approval to officially launch Miami's franchise in August (2017). A hearing is scheduled for October 2017.
Brickell City Centre Finally Reveals Their Long-Awaited Penthouse Collection at Rise & Reach
Swire Properties Inc. has unveiled the penthouse collection at their Rise and Reach residential condo towers at Brickell City Centre. The collection features 7 penthouse units which start at $3.95 million and floor-plans range from 3 to 5 bedroom layouts. Units feature 10' to 12' ceilings, marble floors, custom furnishings and interior design by Richardson Sadeki, rooftop terraces complete with outdoor kitchens, hot tubs and pools. The $1.05 billion development was designed by Arquitectonica and amenities include private direct access to Brickell City Centre, outdoor fitness areas, state-of-the-art gym, spa, library, lap pool, residential pool and tropical gardens.
“The penthouse collection is the quintessential example of how Swire Properties’ vision for the Brickell community has always brought new concepts, innovation with a fresh twist and lifestyle to urban development. There is nothing like this on the market where you’re right in the middle of the action and can have it all right at your fingertips; incredible floor plans, ultimate privacy, elite services, sweeping views of the city skyline and just steps away from top dining and entertainment,” explains Maile Aguila, Senior Vice President of Residential Sales at BCC's Rise and Reach.
Nusr-et, The Infamous Turkish Steakhouse by Salt Bae Nusret Gökçe, is Finally Coming to Miami
Nusr-et, the infamous Turkish steakhouse by the instagram famous Salt Bae Nusret Gökçe, is finally coming to Miami. The restaurant will take the space that was previously occupied by Coya Miami at 999 Brickell Avenue, which recently closed. Nusr-et is currently building out the restaurant which is expected to open in October. Nusr-et is part of the same restaurant group as Zuma and Coya. Coya, which opened in March 2015, had previously leased 8,000 SF at 999 Brickell Avenue. The restaurant space also includes a bar, outdoor terrace and private club area with an additional private terrace. The Miami location will be the 11th Nusr-et location, and they plan to open a New York City location later this year (2017).
