Alta Developers Plan to Build 96 Unit Development in North Miami
In North Miami, Alta Developers plans to replace an outdated waterfront apartment complex with a 96-unit condo development.
According to an Alta application to Miami-Dade County, the Miami-based development company, directed by Raimundo Onetto, wants to construct an 18-story structure on the 0.8-acre plot where the demolished Mid Bay Club Apartments once stood at 11950 North Bayshore Drive. Records show that in April, Alta asked the county to permit a reduction of the necessary setback from the shoreline to 25 feet.
Buildings with curved balconies and floor-to-glass windows are seen in renderings. A rough estimate of 96 condos has been given for the project, which was designed by Revuelta Architecture International.
According to records, Alta spent $14 million purchasing the Mid Bay Club Apartments and an empty 0.2-acre land across the street last year.
The application for the North Miami project comes as Alta is planning a number of additional projects.
Alta plans to erect an 18-story, 223-unit apartment complex next to Dadeland Mall at 9600 South Dixie Highway. It would be the second 18-story multifamily building constructed by Alta there. It is anticipated that the first 296-unit tower will shortly acquire its certificate of occupancy.
In recent years, North Miami has attracted the attention of investors and developers. The enormous SoLé Mia at 15055 Biscayne Boulevard is being built by Turnberry Development and LeFrak, under the direction of Jackie Soffer. When finished, it will feature 4,000 residential apartments. A joint venture between Turnberry and developer Carlos Rosso is planning a 32-story, 303-unit condo structure in addition to three apartment towers.
Miami Riverbridge Project Receives Approval for Construction in Downtown Miami
On May 11, Miami commissioners voted overwhelmingly to accept the waivers required for the reconstruction of the Hyatt Regency in downtown Miami, Miami Riverbridge. This new supertall tower has also seen the release of new renderings.
Estimated to cost approximately $1.5 billion, the project calls for three new towers, two of 61 stories and one 95-story supertall, which would contain over 1,500 residential units, a new flagship 615-key Hyatt Regency hotel and 264 branded serviced apartments, 190,000 square feet of Class A meeting and events space, commercial and retail spaces, over 1,000 parking spaces and 50,000 square feet of open public space including a 480-foot-long rejuvenated riverwalk.
Arquitectonica is the architect of the Miami Riverbridge, which is being built by Hyatt Hotels Corporation and Gencom under the HRM Owner LLC.
The public benefits that the massive project would bring to the site and vicinity were underlined by Miami Riverbridge’s developers. Improvements to the streetscape for a better pedestrian experience and quicker access in and out of Miami’s urban core would relieve the congestion and traffic flow in this area of the city, which is frequently crowded and polluted by traffic.
The developers consented to give $25 million to help fund affordable housing in Miami. The project’s development would result in the creation of 4,500 jobs, with a rise in permanent employment from 350 to 900. Miami RiverBridge would bring in nearly $1.5 billion in city taxes, levies, and ground rent that could be used to expand public benefits throughout the city. Land leasing rent would rise from $250,000 to a minimum of $2,500,000, or 2.5% of gross receipts. A project park impact fee may also be used to pay for the renovation and reopening of the nearby Fort Dallas Park and the preservation of the nearby historic Flagler Worker’s House, which is located on city-owned property.
The convention center and the 40-year-old Hyatt Regency would be demolished to make room for the new complex if the proposal were to be accepted. By 2023’s end or the beginning of 2024, the developers hope to secure financing. The third tower is expected to be completed in Q3 2029, with the first two towers arriving by Q3 2028. Construction is anticipated to start in 2025.
Financing Secured for The Crosby Miami Worldcenter
The vertical construction of The Crosby Miami Worldcenter, which is positioned to provide further density to the existing buildings at Miami Worldcenter, has been successfully funded with a sizeable $94.2 million by The Related Group and Merrimac Ventures. According to building permits submitted to the FAA in January, the residential tower is planned to rise 33 floors high and is anticipated to reach its peak at about 377 feet above ground, or 390 feet above sea level.
The loan was given to DT G Block LLC, a joint venture organization connected to the developers, by the Arkansas-based Bank OZK. The project’s interior design and architectural design are being handled by AVRO|KO and Cohen Freedman Encinosa & Associates.
The Crosby Miami Worldcenter, which commenced work earlier this year, is planned to have 3,370 square feet of ground-floor retail space and 450 completely furnished, ready-to-rent condos.
The Crosby’s construction should advance more quickly now that the finance is secured. It will stand out for its remarkable architectural design, which embodies contemporary luxury. The tower’s sleek design, which is accentuated by modern finishes, is made to blend perfectly with Miami’s dynamic cityscape.
The Crosby is cleverly constructed to take full advantage of its location, with the lower floors laying out a sizable retail area that is open to the public. The amenities offered by the skyscraper are designed to fit a contemporary urban lifestyle. The Crosby residences’ allowance for completely furnished units to be posted for short-term rentals on websites like Airbnb represents an important trend in the Miami condo market and is a standout feature of the development.
Beauchamp Construction serves as the general contractor and according to the current schedule, The Crosby is expected to be complete in the first quarter of 2025.
If you or someone you know have an interest in purchasing at The Crosby Miami Worldcenter, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Plans for New Residential Project in Miami Announced
In Miami’s Flagami neighborhood, south of Miami International Airport, a developer has plans for a brand-new residential development.
At 5645 Southwest Eighth St., The Richman Group and its affiliates have planned Parkview, a nine-story structure with 120 units, a rooftop pool and amenity deck, and parking for around 194 vehicles.
The proposal was recommended for approval along with a few recommendations by the city’s Urban Development Review Board.
According to Marissa A. Neufeld, an attorney for the developer, the land is divided into three parcels and is bordered to the north by an alley, to the west by an existing commercial complex, to the south by Southwest Eighth Street, and to the east by Southwest 56th Avenue.
Ms. Neufeld noted in a letter to the city that the project will contain a combination of parking for cars and bicycles and that the land is near several forms of public transportation and a major downtown thoroughfare, Southwest Eighth Street.
Behar Font & Partners are the project’s designers.
The property is a terrific location, and although it’s a smaller development it has some extremely fascinating elements, Behar & Font’s Javier Font told the board. According to him, the property features stunning views, including J. Fritz and Frances Gordon Park, which is directly south and across the street.
According to Mr. Font, the structure will have a smaller scale, a lot of glazing, and larger balconies, giving it a more horizontally linear appearance. A fully functional gym, a clubroom, a lobby, and coworking spaces will be available on the ground floor. The pool deck and some residential units are on the ninth story.
Supertall Tower One Brickell City Centre Breaks Ground
Miami’s first ever supertall office tower just broke ground in Brickell.
The groundbreaking includes the demolition of a parking structure that is currently on the site. Major Suarez, representatives from Swire and Related were in attendance.
Project approval came in September 2022 after city commissioners voted unanimously on the 1,049 foot One Brickell City Centre. The 80 story tower will be crowned the largest building ever building in the city of Miami
The skyscraper will be connected to Brickell City Centre, which was built by Swire Properties and has over 500,000 SF of retail, eating, and entertainment space, and will be situated at 700 Brickell Avenue and 799 Brickell Plaza. The project will feature 1.6 million square feet of office space.
The news represents strength and expansion for the Miami office market, which continues to draw major financial and technological firms from high-tax areas like New York and California.
Swire Properties and Related are listed as the developers for this project.
The Standard Residences Midtown Breaks Ground
The Standard Residences Midtown Miami has officially broken ground. Standard Residences is being built by real estate and hospitality pioneers Standard International, Rosso Development, and Midtown Development.
Along with Miami District 2 Commissioner Sabina Covo, Jay Phillip Parker, CEO of Douglas Elliman Florida, President of Douglas Elliman Development Marketing Florida, Raymond Fort of Arquitectonica, Giancarlo Pietri of Urban Robot Associates, William J. Real of Civic Construction, and the South Florida broker community, Standard International’s Amar Lalvani and Rosso Development’s Carlos Rosso celebrated the groundbreaking.
The 12-story building is a collaboration between the highly regarded architecture firm Arquitectonica, renowned interior designers Urban Robot Associates, The Standard’s in-house design team, landscape architect Naturalficial, and Civic Construction acting as general contractor.
The project’s ground breaking speaker was Lalvani, Executive Chairman of Standard International, who emphasized the company’s longstanding ties to Miami and praised their collaboration with Carlos Rosso. The project’s lively environment and the need for such a lifestyle-driven building in a good location were stressed by Rosso, the founder of Rosso Development.
Standard is located at 3100 Northeast 1st Avenue in Midtown, tucked between the Design District and Wynwood. The development offers 34,000 square feet of carefully chosen amenity space and 228 residential units.
Upon completion, residents will have the chance to enjoy the distinctive style, amenities, and service of the renowned hotel brand. The building will be the first to provide flexible living, allowing owners to lease their units for periods as little as one month.
Between 432 square feet and 965 square feet in size, the units, which range from studios to two-bedroom homes, strike a balance between design and usability.
A 60-foot resort-style sunset pool on the rooftop, a renowned restaurant and bar, and wellness amenities like a cutting-edge fitness facility, an infrared sauna, yoga, and stretch studios are just a few of the amenities available. A karaoke bar, a screening room, co-working areas, Zoom rooms, and a private boardroom can be found on the social floor.
A small number of homes, starting at $499,900, are still available at The Standard Residences, which is anticipated to be finished by the end of 2024.
If you or someone you know have an interest in purchasing at the Standard Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Vita Residences at Grove Isle Breaks Ground
Ugo Colombo of the CMC Group, one of Miami’s most well-known luxury developers, has started construction on Vita Residences at Grove Isle. The opulent boutique condominium is situated on the gated 20-acre private island of Grove Isle, which is close to the city’s fashionable Coconut Grove neighborhood.
The 65 exquisitely designed houses in the seven-story building, which is being constructed on the island’s final remaining beachfront parcel, will showcase unhindered panoramic bay views, exquisite detailing, and the finest materials and craftsmanship. The project is now under construction, and completion is anticipated in 24 to 28 months.
The majority of Vita at Grove Isle’s customers are from America, and more than 40% of the units there have already been pre-sold. The homes will range in size from 2,500 to 6,500 square feet and feature three-, four-, and four-bedroom units with dens. A group of twelve upscale penthouse houses will have private rooftop terraces with full-size swimming pools, full bathrooms, and summer kitchens that are each 3,400 to 6,600 square feet in size. Penthouses start at $12 million, with units starting at $5.5 million.
In order to create one-of-a-kind interior and amenity spaces for Vita at Grove Isle, Ugo Colombo collaborated with international architecture and design firm CallisonRTKL, regional architectural firm S & E Architects, and Italian designers Carlo and Paolo Colombo of A++ Architecture. The three buildings—Mare, Luce, and Sole—are designed to exhibit a singular architectural design and will provide a boutique living environment surrounded by beautiful, local vegetation. The graceful, curving shape of the structure, which was inspired by the island’s natural contours and maximizes views of the glittering Biscayne Bay, is a reflection of its distinctive Grove Isle position.
The waterfront retreat will offer a wide range of carefully chosen interior and outdoor amenities, including a private bayfront pool for residents exclusively, a poolside bar and lounge, a cutting-edge fitness facility, spa, and kids’ play area. Residents of Vita will also be given a house membership to the “Vita at Grove Isle Club,” which has lighted tennis, padel, and pickleball courts in addition to a club pool and a bar nearby. Additionally, residents will have access to the island’s private marina as well as a gourmet restaurant and bar offering lunch, supper, and cocktails that will be open to the general public.
Only the attention to detail in its design matches the level of preparation put into Vita at Grove Isle’s location and facilities. Each home will have a private elevator, a private foyer, modern open concept kitchens with hidden top-of-the-line appliances, elegant bathrooms with hand-selected book matched marble, masterfully crafted Italian stonework, custom Italian cabinetry, and pre-installed smart home technology like lighting, climate control, and water/air filtration systems, as well as at least 10-foot-high ceilings.
In addition to 24/7 valet service, private, individually covered garages with EV charging stations, accessible bike storage, and the most cutting-edge technology and WiFi capabilities installed throughout the building, residents also enjoy additional amenities.
Residents will also profit from Vita at Grove Isle’s personal concierge service, which will be available to help with a variety of arrangements and services, including home provisioning, housekeeping, child and pet care, personal shopping, private events, private drivers and transportation, car detailing, mail collection and forwarding, package deliveries, and more. This service is in addition to Vita at Grove Isle’s restaurant.
Additionally, Vita at Grove Isle residents will have access to the ‘Vita Linc’ app, a digital concierge service, which will enable them to register visitors and give them electronic keys, get in touch with the building’s management, send each other private messages, check on pending and delivered packages, access appliance manuals and condo documents, and request vehicles from valet.
If you or someone you know have an interest in purchasing at Vita Residence at Grove Isle, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Construction for Alana Bay Harbor Islands Set to Top Off in 2024
A multi-million dollar residential development called Alana Bay Harbor Islands is planned to top-off and complete construction in 2024.
Alana Bay Harbor Islands is sited at 9901 W Bay Harbor Drive, Bay Harbor Islands, Florida 33154. The developer was required to demolish a low-rise apartment prior to development.
There will be 30 units in the seven-story residential tower, with one- to three-bedroom floor plans. Homes range in size from 1,229 square feet to 1,662 square feet. Units will start at $761,000.
A fitness center, kids’ play area, residents’ gathering room, and rooftop sanctuary are among the communal features. A pool with an infinite view is also present. Alta Developers is listed as both the developer and the general contractor.
The architect is Revuelta Architecture International. In its conceptual representations, a posh mid-rise structure with an art deco exterior made of glass is seen. In addition, the project has David J. Odishoo-designed lush gardens and high-speed wi-fi throughout all of the common areas.
Interior designer Bea Interior Design is responsible. The project was created using soft natural materials, custom millwork, and finishes that express a one-of-a-kind perspective on island life.
Miami Marlins, Avisail Garcia Purchases a $9 Million Mansion in Miami
Avisail Garcia, an outfielder with the Miami Marlins, just paid $9.06 million for a mansion in a prestigious Snapper Creek Lakes neighborhood in Coral Gables, Florida.
The 1.1-acre property was purchased by the baseball player from Venezuela, known as Uncle Avi, 31, and his wife, Anakarina Garcia, at the end of March. The deal was made two years after Mr. Garcia committed to the Miami Marlins for a four-year, $53 million contract.
The two-story house is sited on a corner lot and was originally listed in July 2022 for $10.495 million. Public records show that it was last sold in 2021 for $7.35 million.
The home’s total square footage, including terraces, outdoor spaces, and basement levels, is 11,476. Additionally, the listing describes it as “a strong bunker” with a poured-concrete roof and hurricane-resistant windows.
The 3-car garage is located at the home’s entry, which is surrounded by a large iron security gate. French doors across the rear of the house lead into a columned terrace with a pool and spa, which is also visible from the row of balconies on the second story. The house is built for indoor-outdoor living. The grill and a fire sprinkler system are additional outside elements.
The residence’s top rooms, including the private principal suite in a separate wing, are accessed through a grand staircase. The mezzanine gives the architectural drama and depth.
The home contains a formal dining room, a cinema room, a breakfast area, and a chef’s kitchen with a big island in addition to seven bedrooms and eight bathrooms.
Mr. Garcia played for the Detroit Tigers, Chicago White Sox, Tampa Bay Rays, and Milwaukee Brewers before making his main league debut in 2012. The Garcias, who are parents of two small kids, were married in 2013.
