Miami-based developer Shoma Group has unveiled a fresh new look to Shoma Bay, a 24-story, 333-unit condominium located in the exclusive waterfront community of North Bay Village. The new tower design seamlessly melds a classic art-deco aesthetic with a modern facade while adding community-minded amenities such as a zen garden, grocery delivery room, wine cellar, cigar lounge, and other dynamic features.
Read MoreKith Opens Miami Design District Flagship Complete With Major Food Group's Sadelle's at Kith And Kith Treats
Kith has opened its second Miami location in Miami Design District, including Miami’s inaugural Sadelle’s at Kith restaurant with Major Food Group and a standalone Kith Treats store. This new store is two stories and will carry Kith’s in-house and multi-brand ready-to-wear, accessories and footwear offerings for men, women and kids. Established in 2011, Kith is both a multifunctional lifestyle brand as well as a progressive retail establishment.
Read MorePacific & Orient Properties Reveals And Breaks Ground On Japanese-Inspired 7918 West Drive North Bay Village Luxury Condo
Pacific & Orient Properties, LLC has revealed and broken ground on the limited edition Japanese-inspired 7918 West Drive, the first luxury waterfront condominium to break ground in North Bay Village in over a decade. Located at 7918 West Drive, the 21-story, 54-residence elegant waterfront condominium development is both uniquely designed and technologically advanced.
Read MoreJohn Temerian, Ronnie Vogel, Craig Robins & Brett David - Image via World Red Eye
Miami Design District Hosts Sixth Annual Miami Concours: A Distinctly Modern Concours D'Elegance 2023
The Miami Concours, one of the country’s most anticipated motoring events, returned to the Miami Design District this past weekend for 2023 with its highly curated, distinctly modern celebration of automotive history. In its sixth year, the annual event showcased the most significant automobiles ever produced, exhibited in the heart of Miami, at the epicenter of art and design.
Read MoreUniversity of Miami Real Estate Impact Conference 2023 The Largest Edition Yet As Real Estate Leaders Discuss The State of Miami Real Estate
On Friday, February 10th, the University of Miami Herbert Business School hosted the 2023 edition of its annual invitation-only Real Estate Impact Conference, which brought together board members, students, faculty, distinguished alumni and real estate professionals. Entrepreneurs and innovators met with leading commercial real estate investors to explore opportunities spurred by new technologies and the vibrant movement of people and capital to South Florida.
Read MoreNew Construction Palm Island Spec-Mansion Sells For $32 Million Setting Record As Most Expensive Sale Ever On Palm Island
A recently completed tropical modern spec-mansion on Miami Beach’s exclusive Palm Island has sold for a record $32 million, ringing in as the most expensive sale ever on the island. The buyer was represented by David Pullman with The Waterfront Team at ONE Sotheby's International Realty, while the seller was represented by Lourdes Alatriste with Douglas Elliman.
Read MoreRelated Group's Nick Pérez on Wynwood’s Transformation And The Future of Development in This Burgeoning Neighborhood
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.
Read More'A Fish Called Avalon' Iconic Art Deco Renovation And Award Winning Seafood Spearheading The Revitalization Of Ocean Drive
South Beach classic award winning seafood hotspot A Fish Called Avalon has revealed its recent renovation at the iconic art deco Avalon Hotel, primed to spearhead the revitalization of Ocean Drive. A Fish Called Avalon first opened in 1989 in the glory days of Ocean Drive’s Art Deco District, becoming one of the most identifiable properties on the strip, and after thirty-three years in operation has become an icon on the beach.
Read MoreRilea 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.
Read MoreClara 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.
Read More