Pre-Construction Sales for The Avenue Hotel & Residences Coral Gables Reach 65% Sold
The Avenue Hotel & Residences Coral Gables, a boutique tower with a neo-classical design on San Lorenzo Avenue in Coral Gables, has reached 65% sold during pre-construction.
The Avenue Coral Gables Hotel & Residences is being constructed at 351 San Lorenzo Avenue by Roger Development Group, a family-run, fully integrated real estate development and management firm with its headquarters in Coral Gables.
This development will rise eight stories and will feature a collection of 48 residences with one to two-bedroom layouts outfitted with modern Italian kitchens and bathrooms. Designed by Bermello Ajamil & Partners with fully-furnished interiors by renowned interior designer Adriana Hoyos Design Studio, best known for world-class tropical luxury-inspired interiors. Starting at 598 to 1,200 square feet, the homes are spacious. 3,861 square feet of upscale retail space on the ground floor round out the building.
Amenities:
Front desk reception
Hotel services
Valet parking
Newspaper and package delivery
Outdoor hammock garden
Resort-style pool deck on level 9
Summer kitchen
Family dining area
Prices range from $730,000 to over $1.3 million, and construction is expected to be finished in early 2025, with construction set to begin in the fall of 2023.
If you or someone you know have an interest in purchasing one of the units at The Avenue Hotel and Residences Coral Gables, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Cipriani Residences Miami Sells its $16.2 Million Penthouse
Mast Capital, Developer for Cipriani Residences Miami sells a penthouse just weeks after the collection was introduced to the public.
Mast claimed that the asking price for Penthouse 1 was a record-breaking $16.2 million, or $3,333 per square foot.
Four bedrooms, five and a half bathrooms, 4,888 square feet of interior space, and 4,333 square feet of outdoor terrace space—a total of 9,221 square feet—will be found in Penthouse 1. A summer kitchen and private pool with an infinity edge will be part of the outside area.
The Canaletto Collection is located on the top 18 stories of Cipriani and has 68 residences and six penthouses with improvements, making it the “highest level of luxury in Brickell,” in the words of the developer.
Penthouses in the Canaletto Collection start at $9.5 million, with pricing starting at $3.65 million.
Residence Features
• Generous living areas with ceiling heights of 10 feet • Floor-to-ceiling sliding glass doors and windows with magnificent panoramic views • Terrace access from the living room and primary bedroom of every residence • Gracious walk-in wardrobes in every primary bedroom • An exquisite selection of flooring options included • Direct elevator entry for select residences • Eat-in, open kitchen with custom Italian cabinetry inspired by Cipriani’s renowned style • Top-of-the-line appliances from Wolf Sub-Zero, including cooktop, integrated refrigerator, freezer, wine cooler, and dishwasher • Primary bathrooms with grand, stand-alone bathtubs and glass-enclosed showers; vanities with premium Italian cabinetry, imported stone tops, and back-lit mirrors; separate room with water closet • Spacious laundry rooms with full-size washing machines and dryers, with a utility sink in most residences • Individually controlled, high-efficiency central air conditioning and heating systems, with linear diffusers in main areas to ensure seamless integration • Innovative smart technology infrastructure that enables home automation • Intelligent interface system for essential building services such as concierge, valet, and security
Cipriani has disclosed that the residential tower would have sophisticated, resort-style amenities for its inhabitants, as well as traditional design features popular at Cipriani restaurants worldwide.
Tower Amenities
• Exclusive private entrance with lush landscaping and elegant porte-cochère • Dramatic lobby leading to two banks of high-speed, touchless elevators • Signature private dining experiences by Cipriani • In-home dining and 24-hour catering services by Cipriani, exclusive to residents • Private dining rooms available for reservation, catered by Cipriani • Elevated resort deck with two swimming pools, a blissful outdoor spa, poolside cabanas, and a beautifully landscaped sun terrace • Poolside food and beverage services catered by Cipriani • Holistic spa with sauna and treatment rooms • Luxurious residents’ lounge for special events and intimate gatherings • State-of-the-art fitness center • Golf simulator • Pickleball court • Private salon available to be reserved for personal beauty services • Screening room with cutting-edge audiovisual equipment • Serene and spacious residents’ library • Engaging children’s playroom • Elevated four-level wellness center and lounge overlooking the Brickell skyline • Pet-friendly community with a dog park • High-speed internet access across all public areas • Electric vehicle charging stations available • Air-conditioned storage rooms
The target completion date is in 2026. If you or someone you know have an interest in purchasing at Cipriani Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Shore Club Private Collection Secures $430 Million Construction Loan
Shore Club Private Collection, which is expected to be one of the fastest-selling luxury complexes in Miami Beach history, has closed on a $430 million construction financing from Witkoff Group, a Miami-based development and investment company, and Monroe Capital, a renowned asset management company.
The loan, which was provided by J.P. Morgan, is thought to be the biggest ever for a South Florida residential building project. Since its late January debut, sales have surpassed $550 million, and two-thirds of the inventory has been sold. As a result, Shore Club is prepared to start building later this year, with a 2026 completion date anticipated.
Shore Club Private Collection will house 49 houses created by the renowned New York-based firm Robert A.M. Stern Architects, building on the rich legacy of Miami Beach’s Art Deco and contemporary design style while also fostering a seamless link to its landmark site. Some of New York City’s most well-known structures were designed by this architect, including 15 Central Park West and 220 Central Park South. The three acres of coastal land where Shore Club will be located will have magnificent botanical gardens created by renowned landscape designer Nathan Browning of Island Planning Corporation.
The development, which features a brand-new structure from the ground up, The Tower, a recently renovated Art Deco structure that was first finished in 1939, The Cromwell House, and The Beach House, a distinctive single-family beach house, is Robert A.M. Stern’s first residential oceanfront project. In order to offer a product that is unique to the Miami market, each component was designed to maximize views and light in conjunction with the curve of each property. The interiors expand on this concept by drawing design cues from yachts as well as the patterns and motion of the waves and sand along Miami’s shoreline. On the architecture, RAMSA worked with Miami-based Kobi Karp Architecture & Interior Design.
The 20-story Tower offers two- to six-bedroom homes with floor-to-ceiling windows, artistically curving balconies, and sizes ranging from 1,900 to more than 10,000 square feet. The Tower offers breathtaking views of the Atlantic Ocean and sunsets, along with private and semi-private elevators and private terraces. The eight-story ancient Cromwell House will be renovated into four opulent homes, three of which will be duplexes, along with a penthouse. These four and five-bedroom residences will have a spacious full-floor penthouse as well as two-story great areas with spectacular double-height ceilings. The Beach House, which will measure 6,000 square feet with three outdoor spaces totaling more than 2,180 square feet, will be the sole private residence on Miami Beach’s oceanfront.
Together with Auberge Resorts Collection, we have a shared vision for reinventing the Shore Club Private Collection. Even though they are part of a five-star resort, the homes will offer solitude and seclusion while being maintained by Auberge. A discrete porte cochere entrance, three distinct swimming pools, including a private residential pool, a 75-foot lap pool, a leisure pool, a state-of-the-art fitness facility, a library, a lounge, and other amenities are among the unique services and amenities available to residents.
In addition to access to the world-class spa, concierge services, housekeeping, beach club, and culinary experiences, such as in-residence dining, house sommelier services, a signature restaurant, poolside café and bar with dedicated cabana service, double-height café and bar leading to an outdoor lounge, and more, Auberge Resorts Collection’s one-of-a-kind reputation for intimate tailored service will also extend to the residences with a variety of in-home offerings.
The starting price for Shore Club Private Collection is $6 million.
111 Wynwood Mixed-Use Project Plans Have Been Filed
The 111 Wynwood mixed-use project’s plans have recently been submitted with plans to add 12,106 square feet of commercial space to the current structure. 111 Wynwood will be located on First Avenue in Wynwood, which was originally designated as a pedestrian walkway.
The mixed-use building will be used for multiple restaurants/bars, meetings, and office spaces.
The building exterior, created by Touzet Studio, consists of a low level that swoops widely as it turns from 25th Street to First Avenue. A designated woonerf, First Avenue, is where the lower level interacts with the taller level, which is the main façade. The Mezzanine and Second Floor venues are accessed primarily by a wide staircase off of First Avenue as part of the building layout that accommodates pedestrians. First Avenue also leads to the recessed elevator’s lobby.
Large vitrines that protrude beyond the building’s surface and the deep recess that houses the stairway and benches are used to break up the taller volume’s architectural concrete surface. The lobby’s glass wall and a two-story, fissured, cast-concrete wall that has pockets of plant growing in it line one side of the stairway. From linear beams that go from the fissured wall to the multi-story lobby, flowering vines cascade down over the staircase.
The length of the ground level of the lower volume consists of a vitrine punctuated by glass entry doors set back into the volume. The double-height volume that fronts the corner and a portion of the 26th Street facade is illuminated by a long horizontal glass band. At the western end of the volume, the glass gives way to an open-air terrace at the Mezzanine level. The roof terrace above the lower volume serves as a dining terrace for the Second Floor venue. Horizontal planes, with rendered soffits, hover over portions of the roof terrace and over the arrival court at the top of the staircase.
The mural, which was created by Carlos Prio-Touzet and Touzet Studio, is a stylized representation of a coral rock surface that would appear on an architectural drawing. Here, a trompe l’oeil effect is subverted by the graphic’s sarcastic transformation into the cladding itself. Astro created the spiraling murals on the two bigger faces.
On July 18, there will be a hearing before the Wynwood Design Review Committee. The application was submitted by BH Wynwood Hotel LLC.
501 First Construction Update
A new image of 501 First Residences has revealed the completion of the foundation pour. Usually, vertical construction starts after the foundation has been laid.
This new 40-story tower with 448, will be developed by Aria Development Group and designed by Revuelta Architecture International, who also designed Wind and 900 Biscayne. 501 First Residences will be located at 501 Northeast 1st Avenue with views of downtown Miami and Biscayne Bay.
According to the Aria Development group, this particular development will be built to cater to the short-term rental market. The biggest perk is that there will be no rental restrictions. This means the resident can utilize any consumer platform (Vrbo, Expedia, Airbnb, etc.) to rent and each unit can be rented for 1 day or more.
The renderings reveal floor-to-ceiling windows and expansive balconies. The sleek structure is curved creating a horizontal and vertical grid-like design. The exact height of the development hasn’t been released but we can expect the 40-story high structure to be over 450 feet in height.
To provide shade and a usable pedestrian space, the ground floor is being planned with broad pathways and vegetation.
On the property, demolition has already finished.
Although 501 First Residences is sold out, if you or someone you know has an interest in purchasing in downtown Miami, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Former NFL Player Proposes 15-Tower Mixed-Use Project in North Miami Beach
A company headed by former NFL player and Pro Bowler Elvis Dumervil, now a real estate developer, plans to transform a dilapidated apartment building in North Miami Beach into a 15-story mixed-use development.
The city’s Planning and Zoning Board will discuss proposals for Prestige Boardwalk on the 2.28-acre site at 16651 N.E. 18th Ave. in a town meeting today. The existing 94 flats on the property were constructed between 1957 and 1961.
In 2018, Prestige Boardwalk LLC, run by Dumervil of Prestige Estates in North Miami, paid $9.5 million for the property.
The current apartment building would be replaced with two buildings housing 409 units, 11,151 square feet of retail space, and a 642-space parking garage with 126 spots designated for electric vehicle charging. Additionally, there would be pedestrian bridges connecting the two buildings on the second and eighth levels, as well as a pool/amenity deck on the eighth floor. A boardwalk would run beside the Snake Creek Canal.
Between 578 to 1,316 square feet would be available in each unit. There would be 57 three-bedroom units, 34 studio apartments, 167 one-bedroom apartments, and 151 two-bedroom flats.
The Miami-based Zyscovich Architects firm created Prestige Boardwalk.
Dumervil founded Prestige Estates following a successful NFL career. He was a linebacker who participated in five Pro Bowls while playing for the San Francisco 49ers, Baltimore Ravens, and Denver Broncos. The North Miami neighborhood where Dumervil grew up has seen hundreds of flats purchased by Prestige Estates.
10-Story Boutique Hotel in Miami Beach Launches Sales
Constellation Group, The Boschetti Group, and Vietmar; three Miami-based real estate development companies, have formally begun taking reservations for the 10-story boutique condominium Ella Miami Beach, located at 6940 Abbott Avenue in the center of Miami Beach.
The 95 units will include studios to two-bedroom floor plans and will range from 434 to 1,076 square feet in size. Prices will start in the upper $400,000s, which is an appealing entry price for a new-build property in Miami Beach, where new construction pricing generally begins at about $1 million.
Offering the best luxuries of Miami Beach living, Ella Miami Beach is replete with a sophisticated design and indulging amenities, and is situated within walking distance to the beach, popular restaurants, boutique shops, and a myriad of entertainment venues.
The award-winning international architectural firm Arquitectonica is creating the Ella Miami Beach, a building with sweeping rooftop views that stretch from the city on one side to the ocean on the other, with inspiration from Miami Beach’s Art Deco era.
Each unit has spacious terraces and is designed for seamless indoor/outdoor living and entertaining, with select residences giving breathtaking views of Biscayne Bay, the Atlantic Ocean, and the Miami skyline. Each property will be delivered with roughly 9-foot-high ceilings throughout, modern ItalKraft kitchens with stone worktops and JennAir equipment, as well as designer closets with European influences. These features highlight the project’s flair and sophistication. Exclusive bespoke Interiors by Steven G packages are available to buy for a totally turn-key living experience.
A suite of amenities, such as a rooftop pool and fitness center with limitless views of Biscayne Bay and Miami, a paddle/pickleball court overlooking the Atlantic Ocean, a residents’ lounge, a summer kitchen with an outdoor dining area, and an observation deck and lounge, are among the many distinctive features that enhance the experience of being an owner at Ella Miami Beach. A cold plunge, sauna, and an outdoor yoga and meditation terrace are among its wellness features. Other amenities include coworking space, free beach chairs, bike and beach equipment storage, and more.
Ella Miami Beach’s Sales Gallery is located at 6897 Collins Avenue in Miami Beach. The new building is anticipated to begin construction in the first quarter of 2024 and be finished in 2026.
If you or someone you know have an interest in purchasing at Ella Miami Beach, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Federal Aviation Administration Approves Brickell Key Project
According to developer Swire Properties, the Federal Aviation Administration has approved two towers on Brickell Key, One Island Drive. Tower 1 will rise 1,044 feet tall while Tower 2 will rise 691 feet.
One Island Drive will be a tranquil haven with two magnificent buildings, situated at the southernmost tip of Brickell Key, the private island community that Swire Properties has been building for more than 40 years. The luxurious collection of 220 two- to four-bedroom private homes with expansive floorplans of up to 4,700 square feet and two prestigious duplex penthouses at the top of the building, each spanning over 6,000 square feet, will be found in the first tower, known as “The Residences at Mandarin Oriental, Miami,” which rises to a height of over 800 feet. The second tower will rise 400 feet tall and will feature 151 rooms with the famous North American Mandarin Oriental Hotel in addition to 61 private Residences and 28 hotel Residences.
Residence Features
Panoramic views of Biscayne Bay
Resort-style podium
100,000 square feet of amenities
Multi-tiered landscaped infinity pools
Private cabanas
Work lounges
Private dining room
Chef kitchens
Top-notch restaurants
Signature spa
Cutting-edge health and wealth facilities
An award-winning international design team, each at the top of their respective industries, will work together to create One Island Drive, a landmark of understated elegance on the waterfront. The bold exterior design by Kohn Pederson Fox Associates (KPF) will redefine the skyline; the interiors of The Residences by Parisian designer Tristan Auer; the interiors of the hotel by AD 100 and Elle Décor A-List Parisian designer Laura Gonzalez; and the landscape architecture by renowned Thai firm Shma. For Auer, Gonzalez, and Shma, this is their first commission for new development in the country.
One Island Drive will be the first residential building to be constructed on Brickell Key in the last 15 years. Pricing will begin at $3,500,000 when sales begin in the latter half of 2023.
If you or someone you know have an interest in purchasing at One Island Drive, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Related Group Secures 18,000 Square Foot Lot in Edgewater for Development
Leading developer Related Group has purchased an 18,000-square-foot land piece in Edgewater, Miami, consisting of three adjacent sites in collaboration with Alex Karakhanian of LNDMRK.
The homes, which are located at 519, 525, and 535 Northeast 29th Street, are in a prime location and provide breathtaking views of Biscayne Bay as well as easy access to the MacArthur Bridge, which connects Edgewater to Miami Beach, and the I-195, which offers a direct route to Fort Lauderdale and Palm Beach. The majority of the undeveloped plot cost $12 million to buy.
According to the President of Related, Nick Perez, “Related identified the growth potential of Edgewater years ago, when we delivered the transformational, four-tower Paraiso Bay community along with Edgewater’s first five-star waterfront restaurant, Amara at Paraiso.
Edgewater offers it all- prime waterfront views, world-class culinary offerings, and easy access to other key hubs, from the Design District to Miami Beach. This newest acquisition is another step forward in our efforts to solidify the area as a true hot spot.”
The site’s particular development plans are still a secret. The land, according to public records, is designated T6-36-A, which allows for the building of up to 36 floors and 150 units per acre. About 60 units might be created within the permitted parameters without the need for further bonuses.
Joel Rodriguez and Alex Suarez of Global Investment Realty served as the deal’s brokers, and PPD Edgewater LLC, run by Esteban Koffsman, was the seller. A well-known real estate firm called LNDMRK Development focuses on finding, acquiring, and building commercial, residential, and mixed-use developments all across the Southeastern United States. Along with The Dorsey and Nomad Residences Wynwood, both of which are in Wynwood, Related and LNDMRK are actively looking for more joint venture options throughout South Florida.
St. Regis Residences Miami Construction Update
Related Group and Integra Investments have just submitted an application for a total demolition permit at the location of the St. Regis Residences Miami located in Brickell and as well as new designs for the elevation of the tower.
According to the filing, a total of 211,121 square feet will be completely destroyed at an estimated cost of $1,127,000.
The demolition contractor is named The BG Group LLC. According to county records, a 17-story structure constructed in 1966 now stands on the location. The Urban Development Review Board is expected to meet next week to discuss the changes on June 21, 2023.
St. Regis Residences Miami is planned to rise 48 stories or 639 feet and will include 391 parking spaces as well as 152 residential units.
Robert A.M. Stern Architects is creating the project with a nautical concept. CFE is the architect of the records.
The Residences
Private elevator and entry foyer to each residence
Double-door entry in select residences
11-foot ceilings with integrated linear diffusers in living areas
Custom European marble flooring throughout
European solid wood doorways
All homes feature a powder room and laundry room
Integrated smart home technology
Kitchens
Gourmet kitchen with custom Italian cabinetry designed by Rockwell Group
Marble countertops and backsplashes
Fully integrated Sub-Zero and Wolf appliance packages, including:
Paneled refrigerator
Paneled freezer
Full-height wine refrigerator
Convection oven
Steam oven
Microwave
Dornbracht fixtures
Primary Suites and Bathrooms
Oversized walk-in closets
Midnight Bar and Butler’s Pantry
Split marble top vanities with Dornbracht fixtures
Oversized marble showers and free-standing bathtubs
Private water closets with Toto toilets
St Regis Residences Miami Amenities
40,000 square feet of amenity space
On-premises ground floor, fine dining restaurant
Exclusive beach club access
Park-like grounds and lush terraces
State-of-the-art media room
Business center with coffee bar and conference rooms
Children’s entertainment room
Teen video game lounge
Programmable golf simulator
Salon equipped for all beauty services
Pet spa, grooming, and dog walking services
Private, secure climate-controlled storage
Private marina
Fully equipped fitness center
Relaxation and juice bar
Indoor lap pool and cold plunge pool
Pilates and yoga studio
Salt spa room
Dual saunas and steam rooms
State-of-the-art treatment room
Bayfront infinity pool and whirlpool with private cabanas
Poolside bar and cafe
Bayfront garden with seating area
St. Regis Butler service and in-room dining
St. Regis housekeeping services
St. Regis global membership privileges
31st Floor Sky Lounge
Double-height bar and lounge with water views
Signature St. Regis Cognac Room
Traditional St. Regis Tea Room
Billiards room
Catering Kitchen
Technologies
Keyless residential entry
Smart home climate and lighting control systems
State-of-the-art fiber optic WI-FI service throughout residences and amenities
Easy to use St. Regis residents-only app
If you or someone you know have an interest in purchasing at the St. Regis Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
