Transforming Miami: Forum Park’s Vision for Urban Renewal in Ojus
Miami, a city known for its vibrant culture and ever-evolving skyline, may soon welcome a new addition to its landscape: Forum Park. Developers are eagerly awaiting approval for this ambitious mixed-use venture set to transform the Ojus neighborhood. Spanning across 302,223 square feet of new construction, Forum Park promises to inject fresh energy into the area while meeting the diverse needs of residents and businesses alike.
The centerpiece of Forum Park is a striking 11-story building, poised to become a focal point of the neighborhood. With floorplates ranging from 11,600 to 14,500 square feet, this structure aims to redefine modern urban living and working spaces. The building is designed to house 120,000 square feet of office space, spanning from the second floor to the tenth floor, catering to the growing demand for innovative work environments in Miami.
In addition to the office spaces, Forum Park will feature 4,400 square feet of commercial space, offering opportunities for retail and dining experiences that complement the vibrant fabric of the community. Furthermore, the project includes a thoughtful residential component, with 12 one-bedroom apartments housed in a separate two-story building, providing a blend of convenience and comfort for those looking to call Ojus home.
Beyond the main building, Forum Park incorporates an eight-story structure designed to accommodate up to 394 vehicles, addressing the essential need for parking in Miami’s bustling urban environment. Situated on a 1.32-acre site currently owned by Sunny Isles-based Aventura Office Center LLC, the development marks a significant investment in the area’s future. Originally purchased for $7.5 million in 2022 from the CK Prive Group, the site has remained vacant, awaiting transformation into a dynamic urban hub.
The journey to Forum Park’s realization has seen its share of twists and turns. In 2017, CK Prive Group envisioned a mixed-use venture for the site, featuring office condos and multiple mixed-use buildings. However, the project never materialized, leading to the eventual sale of the land five years later. Now, with Forum Group spearheading the initiative, the project is in its pre-application stage, seeking feedback from Miami residents and city officials.
If approved, Forum Park could soon break ground at 18820 W. Dixie Highway, Miami, FL, 33180, marking a significant milestone in the ongoing evolution of Miami-Dade County. As the city continues to grow and diversify, projects like Forum Park serve as catalysts for economic development and community enrichment, embodying Miami’s spirit of innovation and progress.
Stay tuned for updates as Forum Park moves closer to becoming a reality, reshaping the skyline and redefining the essence of urban living in Miami’s vibrant Ojus neighborhood.
Miami’s ever-evolving skyline is set to reach new heights as the Federal Aviation Administration (FAA) recently granted approval for the installation of two imposing construction cranes in the bustling neighborhood of Brickell. This monumental decision paves the way for the construction of the 71-story solar-powered 1428 Brickell residential tower, promising to redefine luxury living with its innovative design and sustainable features.
The FAA’s green light signifies a significant milestone in the development of the 1428 Brickell project. These towering cranes, standing at a height of 1,001 feet above ground level, or 1,010 feet above sea level, are poised to dominate the Miami skyline for the next 19 months. Their installation marks the commencement of a transformative journey that will ultimately culminate in the creation of one of Miami’s tallest residential skyscrapers.
What sets the 1428 Brickell tower apart is not only its remarkable height but also its commitment to sustainability. As the world’s first residential high-rise to be partially powered by the sun, this architectural marvel is poised to set new standards in eco-conscious living. With 500 photovoltaic-integrated windows harnessing the power of sunlight, the tower exemplifies the fusion of luxury and environmental responsibility.
The recent commencement of demolition work at the project site marks the beginning of an exciting chapter in Miami’s urban landscape. A 100,000 square foot office building has been vacated to make way for the development, signaling the city’s readiness for a new era of modernity. As construction permits navigate through Miami’s Building Department, including those for demolition, site work, and full vertical construction, anticipation mounts for the imminent issuance of a total demolition permit.
At the helm of this ambitious undertaking is John Moriarty, the esteemed contractor entrusted with bringing the 1428 Brickell vision to life. With a proven track record of delivering iconic structures, Moriarty’s expertise ensures that the project remains on schedule and adheres to the highest standards of quality and safety.
While the completion of the 1428 Brickell tower is slated for 2027, the impact of this architectural marvel will resonate for generations to come. As Miami continues to evolve as a global epicenter of innovation and design, projects like these serve as beacons of progress, pushing the boundaries of what’s possible in urban development.
With the FAA’s approval of towering cranes and the commencement of demolition work, the 1428 Brickell residential tower stands poised to redefine Miami’s skyline. As construction progresses and sustainability takes center stage, this monumental project promises not only to elevate the city’s architectural landscape but also to inspire a new era of eco-conscious living. As Miami looks towards the future, the 1428 Brickell tower serves as a testament to the city’s unwavering spirit of innovation and progress.
Mast Capital Secures Record $600 Million Loan for Cipriani Residences Miami
Miami’s real estate landscape is set to be transformed with the announcement that Mast Capital has secured a staggering construction loan of $600 million for the iconic Cipriani Residences Miami project. This historic achievement not only marks a significant milestone in Florida’s real estate history but also signals a new era of luxury living in the heart of Miami’s Brickell neighborhood.
The Financing Breakdown
Mast Capital, a prominent Miami-based developer, has successfully secured this monumental construction loan from Banco Inbursa, based in Mexico, and Ascendant Capital Partners, contributing $350 million and $250 million to the project. This collaboration has not only highlighted the confidence that these financial institutions have in the project but also underscores the rising demand for ultra-luxury residences in Miami’s thriving Brickell Financial District.
A Transformative Development in Brickell
Situated on the southern edge of Brickell’s bustling business district, Cipriani Residences Miami promises to redefine luxury living in this vibrant neighborhood. This groundbreaking project is the first-ever ground-up residence for the renowned Cipriani brand in the Americas. The highlight of this development is an 80-story luxury condominium tower boasting 397 residences, each offering breathtaking views of Biscayne Bay, the Brickell skyline, and Coconut Grove.
One of the project’s unique advantages is its strategic location, providing easy access to all Brickell destinations while benefiting from lower traffic density due to its proximity to the less congested southern areas of Brickell.
Developer’s Vision
Camilo Miguel, CEO of Mast Capital, expressed his excitement about the project, stating, “The unprecedented financing we have secured for this transformative development anchored in Brickell is a testament to the demand for an ultra-luxury condominium product in this neighborhood. We have assembled the highest caliber of architecture and design to execute this project and further solidify the position of Miami’s Brickell Financial District as a business and residential community.”
With the ongoing influx of new residents to Miami, driven by its cosmopolitan lifestyle, warm climate, and favorable tax environment, the demand for high-end residential properties like Cipriani Residences Miami is expected to continue its rapid growth.
Mast Capital’s Acquisition and Design
Mast Capital acquired the 2.8-acre site at 1420 S Miami Ave. for $103 million in December 2021, securing one of the last raw land parcels in Brickell capable of supporting such a large-scale, high-rise development. The condominium tower boasts a signature design by Bernardo Fort-Brescia of the renowned architecture firm Arquitectonica, as well as interiors crafted by the world-famous design firm 1508 London.
Luxurious Living at Cipriani Residences Miami
Starting at $1.7 million, Cipriani Residences Miami offers one- to four-bedroom residences ranging from 1,123 to 3,495 square feet, along with penthouses featuring private pools, with completion set for 2028. The Canaletto Collection, comprising six penthouses starting at $17 million, provides an even more exclusive experience, with private access to the tower’s speakeasy, dining spaces, and global concierge services.
Residents will have access to a wide range of amenities, including around-the-clock dining services by Cipriani, multiple swimming pools, a golf simulator, a pickleball court, a screening room, a library, a salon, a private dog park, a children’s playroom, and various à la carte services for a truly luxurious lifestyle.
Cipriani Residences Miami is poised to elevate luxury living in Brickell to unprecedented heights, and its development is sure to be closely watched by the real estate industry and luxury lifestyle enthusiasts worldwide. As the project takes shape and the Miami skyline continues to evolve, it’s evident that this prestigious development will play a pivotal role in shaping the city’s future. Stay tuned for updates on this monumental project as it progresses towards completion in 2028.
Discover the Future of Urban Living at The Standard Residences, Midtown Miami
Welcome to the future of urban living! The Standard Residences in Midtown Miami, a highly anticipated boutique building, is making significant strides in its construction. With 90% of its units already pre-sold, this development is a testament to the allure of modern living in one of Miami’s most vibrant neighborhoods.
Nestled at 3100 Northeast 1st Avenue, The Standard Residences stands proudly in the heart of Midtown Miami, a neighborhood celebrated for its exceptional connectivity and walkability. This strategic location places residents between the artistic hubs of The Design District and Wynwood. Adding to the convenience, the development is directly opposite the newly opened Trader Joe’s and The Shops at Midtown, offering a plethora of food, beverage, and retail options right at your doorstep.
The project is a collaborative effort between Rosso Development, Standard International, and Midtown Development. These industry leaders have joined forces with top professionals to bring this vision to life. The architecture, crafted by the globally renowned Arquitectonica, is complemented by interior designs from Urban Robot and The Standard’s in-house team, and landscaping by Naturalficial. The master permit, a significant milestone, was issued recently, marking a pivotal moment in the project’s timeline.
The Standard Residences is not just a place to live; it’s a lifestyle. The residences range from cozy studios to spacious two-bedroom layouts, each designed with a blend of style and functionality. Features include light wood plank tile flooring, gourmet kitchens with Italian cabinetry and Bosch appliances, and luxurious bathrooms. The concept of flexible living is at the forefront, allowing owners to lease their units for short terms.
The development is designed with a focus on community and social engagement. Amenities include a grand lobby, café, outdoor terrace, and a rooftop that boasts a 60-foot sunset pool, a signature restaurant, and a bar. Health and wellness are catered for with an indoor pickleball court, a state-of-the-art fitness center, an infrared sauna, and yoga studios. The social floor offers a karaoke bar, screening room, co-working spaces, and more.
With completion expected by the end of 2024, The Standard Residences, Midtown Miami, is a beacon of modern urban living. Limited units are still available, exclusively marketed by Douglas Elliman Development Marketing. Don’t miss your chance to be a part of this extraordinary community. Visit our website [insert website link] for more information and to become a part of Miami’s most exciting new development.
Introducing the $12 Million Penthouse at Indian Creek Residences & Yacht Club
In the heart of Miami’s Bay Harbor Islands, an ultra-luxury boutique development known as Indian Creek Residences & Yacht Club is making waves in the real estate world. And at the center of this remarkable development, Penthouse 1 has shattered records before it was even publicly listed, setting new benchmarks for luxury living in the area.
Penthouse 1 at Indian Creek Residences & Yacht Club boasts a jaw-dropping asking price of $12 million, making it an unparalleled gem in the world of luxury real estate. What truly sets this penthouse apart is not just its price tag but the sheer extravagance it offers in return. This penthouse has redefined luxury living, not only for Bay Harbor Islands but for Miami as a whole.
The penthouse’s sale has rewritten the record books in terms of both total sale price and price per square foot for Bay Harbor Islands. To put it in perspective, the previous record for a condo sale on these islands was $3.325 million, a record that stood since 2014. Penthouse 1’s astonishing sale price illustrates the area’s evolution into a premier destination for luxury real estate.
One of the penthouse’s most captivating features is its breathtaking view of the exclusive Indian Creek Island, often referred to as the “Billionaire’s Bunker.” This island enclave is home to some of the world’s wealthiest individuals, including the likes of Jeff Bezos, Tom Brady, and Ivanka Trump. Penthouse 1 not only provides a front-row seat to this world of opulence but also immerses you in it.
Spanning an expansive 5,293 square feet, Penthouse 1 offers a full-floor living experience like no other. With 75 feet of unobstructed waterfront views, a private terrace, and a wine wall feature, this penthouse epitomizes the pinnacle of luxury living. Residents also enjoy access to a remarkable array of amenities, including one of the area’s exclusive private yacht clubs, a rooftop pool, spa, fitness center, outdoor screening lounge, and much more.
The sale of Penthouse 1 comes less than three months after Indian Creek Residences & Yacht Club initiated sales, underscoring the robust demand for luxury new developments in Bay Harbor Islands. The area has seen remarkable growth, with the average closed price increasing by 117% since 2019 and the average closed price-per-square-foot rising by 85%. Bay Harbor Islands are rapidly becoming a sought-after luxury destination in Miami, offering a sense of community and neighborhood charm.
Behind this masterpiece of a development is Landau Properties, a New York City and Miami-based developer led by Jonathan Landau. Indian Creek Residences & Yacht Club comprises nine luxurious condominium homes and six coveted yacht slips, making it one of the few places to experience a private yacht club in the area.
Architect Kobi Karp, a prominent figure in Miami’s architectural scene, has designed the eight-story waterfront development. With interiors by Linda Zarifi of Zarifi Design, this project represents Zarifi’s first ground-up condo venture in Miami. The building’s design takes inspiration from Bay Harbor’s mid-century modern architecture, featuring curved edges, natural materials, and sculptural details that seamlessly blend with the lush tropical landscaping by Enea Garden Design, creating a resort-like atmosphere.
Apart from its elegant homes, Indian Creek Residences & Yacht Club offers an array of resort-style amenities. The owners’ yacht club and private marina, complete with dockmaster concierge services, outdoor lounges, and a bar, provide the ultimate yachting experience. Residents can also indulge in a world-class spa, a state-of-the-art fitness center, an outdoor yoga lawn, and various entertainment spaces, including The Parlour and a 2,600-square-foot landscaped rooftop terrace with a pool, private dining area, outdoor kitchen, and bar.
Exciting New Condo-Hotel Development Set to Transform Miami’s Edgewater Area
Miami is no stranger to stunning developments, and a new project is about to make its mark on the city’s skyline. Urban Network Capital Group (UNCG) and Vertical Development are making waves with their upcoming condo-hotel development, set to be reviewed by the city’s Urban Development Review Board on January 17. This strategic project is located between the vibrant Miami Design District and the bustling Edgewater neighborhood, promising to redefine luxury living in the heart of Miami.
The project spans an impressive 19,292-square-foot site at 445 and 455 Northeast 36th Street, extending to 3618 and 3630 Northeast Fifth Ave. This location is currently home to four small apartment buildings and is conveniently situated south of Interstate 195 along the exit ramp. In September, Residences at 5th Avenue LLC, an affiliate of UNCG and Vertical Development, acquired the property for $13.5 million.
The proposed plan envisions a striking 27-story structure designed by the renowned Miami-based firm Kobi Karp Architecture & Interior Design. KEITH is on board as the civil engineer and landscape architect, ensuring that this development will not only be luxurious but also environmentally conscious. The project will span an impressive 175,557 square feet, offering 180 hotel rooms, 7,290 square feet of retail space, and 121 parking spaces, including vehicle lifts and 24 electric vehicle charging stations.
To achieve the desired density for this remarkable project, the development strategy involves acquiring two transfers of development rights from other city property owners. This strategic move will allow the creation of a fifth-floor lobby and a rooftop pool deck, providing breathtaking panoramic views of Biscayne Bay and Miami Beach.
The building’s design emphasizes contemporary architecture, with meticulous attention to detail to harmonize with and enhance the evolving aesthetic of the Edgewater area. The structure boasts habitable, visually engaging, and practical spaces, featuring aesthetically pleasing architectural screening. This approach effectively integrates the loading area into the overall design while maintaining a sleek appearance.
One of the project’s main goals is to prioritize pedestrian engagement and urban vibrancy. By thoughtfully placing spaces that encourage foot traffic and interaction, the development enhances the street-level experience for both residents and visitors. This approach contributes to the lively urban fabric of the neighborhood.
The hotel’s accommodations will cater to a diverse range of guests, with room sizes ranging from 393 to 2,127 square feet. The layout includes 17 studios, 85 junior suites, 51 one-bedroom suites, 20 two-bedroom suites, three three-bedroom suites, and four four-bedroom suites, with the larger units located on the upper floors.
The proposed development includes several waiver requests to align with the project’s unique architectural and functional requirements while adhering to city zoning regulations. These waivers aim to maximize parking space, incorporate attractive screening along major streets, and improve internal circulation within the parking structure.
Ben Fernandez, a local zoning attorney, represents the developers in their application. This condo-hotel development is the second major project for UNCG and Vertical Development in Miami, following the recent construction loan acquisition for the Visions at Brickell Station condo-hotel. Vertical Development also operates in Argentina, reflecting their commitment to creating exceptional spaces in both local and international markets.
Origin Residences Reaches 70% Sold
In the heart of Bay Harbor Islands, a new landmark development is rapidly emerging as a beacon of luxury and exclusivity. The Origin Residences by Artefacto, launched only six months ago, has already achieved a remarkable sales milestone, with 70% of its units sold. This impressive feat positions it as one of the fastest-selling residential buildings in the area, underscoring the enduring allure of Miami’s waterfront lifestyle.
Origin Residences is the brainchild of a unique collaboration between Chile-based VDA | Origin Miami and the internationally renowned home furnishings brand Artefacto, headed by Paulo Bacchi. VDA, led by the visionary duo Mauricio Moya and Sergio Guzmán, is a prominent development company in Chile, bringing its expertise to this ambitious project.
The development promises to elevate Miami’s Bay Harbor Islands with 27 custom finished and furnished condominiums. These luxury boutique residences range from two-to-four bedrooms, with sizes spanning from 1,300 to 2,330 square feet. Starting prices were pegged at an impressive $1.390 million, a testament to the project’s premium offerings.
Interestingly, a significant proportion of the buyers are Brazilians, reflecting South Florida’s increasing appeal to Brazilian investors. The Miami Association of Realtors highlights Brazil as the third top international homebuyer market in 2023, further emphasizing this trend.
Mauricio Moya, VDA Miami’s lead developer, attributes these remarkable milestones to the insatiable demand for authentic Miami waterfront living. He highlights the exceptional common area design by Carla Guilhem, a globally acclaimed designer handpicked by Artefacto. “Together, we have created a project that redefines luxury waterfront living in South Florida,” Moya states, emphasizing the transformative lifestyle and unique opportunities offered at Origin Residences.
The project is not just about elegant living spaces; it’s a holistic experience. The residences boast stunning waterfront views and access to a private marina with 10 boat slips. The development also features a range of top-tier amenities like a rooftop pool, summer kitchens, an Owner’s lounge, a kid’s playroom, a coworking space, and a state-of-the-art gym.
Each unit reflects Carla Guilhem’s exquisite design ethos, with floor-to-ceiling sliding glass doors, private balconies, fully equipped kitchens with high-end appliances, modern bathrooms, and ample storage space.
Complementing the project’s luxurious interiors are the architectural designs by Revuelta Architecture International, known for its sustainable and quality designs. The project’s interiors, curated by Carla Guilhem, are meticulously designed to match the dynamic lifestyles of its residents.
Origin Residences by Artefacto is not just another development; it’s a testament to visionary planning, exceptional design, and the ever-growing appeal of Miami’s waterfront luxury lifestyle. As it nears completion, it’s poised to leave an indelible mark on the Bay Harbor Islands and the broader South Florida region.
4241 Aurora Ushers in New Era of Upscale Living in Coral Gables
The recent approval of 4241 Aurora, a new project by Miami’s renowned real estate developers Constellation Group and The Boschetti Group, presents a unique investment opportunity. This Mediterranean-style mixed-use development, masterfully designed by the globally acclaimed Arquitectonica, is strategically positioned at 4241 Aurora Street in Coral Gables’ innovative Design and Innovation District. This development not only signifies a successful navigation through a stringent approval process but also introduces an upscale, mixed-use residential and commercial hub in the thriving heart of Merrick Park, Coral Gables’ prime shopping and entertainment zone.
Eduardo Otaola, Managing Principal of Constellation Group, emphasizes that 4241 Aurora is set to become a vital asset in Merrick Park, enhancing the district’s growing allure as a global destination with high-end amenities including premier restaurants, educational institutions, parks, and international business hubs.
Jose Boschetti from The Boschetti Group highlights the project’s commitment to creating a dynamic environment that fuses luxury living with substantial business and community growth opportunities. This development is poised to be a significant addition to Coral Gables, contributing to the city’s legacy of excellence.
4241 Aurora offers an enticing composition of eight floors of luxury residential condos, coupled with three levels dedicated to parking, retail, and office spaces. The development, standing at 137.5 feet, will feature a 5,000 square-foot park with verdant landscaping, public art, and ground-floor retail overlooking Merrick Park.
The residential segment provides a range of condominiums from two-bedroom units of 1,016 sq. ft. to larger three-bedroom residences with dens of 1,860 sq. ft. Exclusive amenities include a grand lobby, a rooftop lounge for residents, a state-of-the-art fitness center, a swimming pool, a pickleball court, commercial retail spaces, and outdoor dining areas with grilling stations.
Projected to break ground in the second quarter of 2024, 4241 Aurora is a prominent addition to Constellation Group’s portfolio in South Florida. The firm’s current projects include a luxury boutique office building in Merrick Park, Ella Miami Beach – a 10-story boutique condominium in North Beach, and SeaGlass Cove – a luxury private enclave of 14 oceanfront single-family homes in the Florida Keys. These developments represent substantial investment opportunities in some of South Florida’s most desirable locations.
Villa Miami Reveals New Amenity Renderings
Nestled in the heart of Edgewater Miami, a new era of luxury living is on the horizon with the pre-construction project, Villa Miami. This bayfront development isn’t just another high-rise—it’s a collaboration of world-class minds and talents. Spearheaded by Terra Development, One Thousand Group, and Major Food Group, and graced with the architectural genius of Pritzker-Prize laureates like Bjarke Ingels, Rem Koolhaas, and Arquitectonica, Villa Miami is poised to redefine luxury living.
Imagine living in a 58-story crystalline tower, soaring 650 feet into the Miami skyline. The copper-colored, exoskeletal design of Villa Miami isn’t just striking; it’s exclusive. This architectural masterpiece is a sanctuary for just 50 families, offering unprecedented levels of privacy and luxury.
Each residence in Villa Miami is a testament to opulence and state-of-the-art living. From expansive full-floor and half-floor units to magnificent 2-story penthouses, every home offers breathtaking 360-degree views of Biscayne Bay and the Miami skyline. The residences boast spacious floor plans, stainless steel appliances, smart home technology, minimalist kitchens, and complete control over in-residence applications.
The amenities at Villa Miami are equally impressive. Residents will enjoy an elegant lobby, a luxurious pool, a state-of-the-art fitness center, high-speed elevators, round-the-clock concierge service, ample parking with 193 spaces, and over 16,000 square feet of commercial and retail space. A rooftop helipad and a public baywalk add to the allure of this exceptional development.
Location is everything, and Villa Miami doesn’t disappoint. Situated at 710 NE 29th Street in Miami’s vibrant Edgewater neighborhood, it’s within walking distance of cultural hotspots like Margaret Pace Park, the Adrienne Arsht Center for the Performing Arts, and Midtown Miami. Whether it’s shopping in the Miami Design District, exploring the artistic Wynwood Miami, or a quick drive to Brickell, South Beach, or the Miami International Airport, Villa Miami is at the center of it all.
Villa Miami is not just a residence; it’s a lifestyle choice for those who seek the extraordinary. With its blend of visionary design, exclusive living, and a prime location, it’s set to become one of the most coveted addresses in the world. As construction progresses, Villa Miami is not just building homes; it’s crafting a legacy.
FAA Greenlights Construction for Supertall Ora By Casa Tua Tower in Brickell
The Federal Aviation Administration (FAA) has recently approved the construction of the Ora By Casa Tua tower in Brickell, marking a significant milestone for high-rise developments. This decision not only alters the city’s skyline but also opens a new realm of investment opportunities.
The FAA’s decision, issued on November 29, permits the Ora By Casa Tua tower to reach an unprecedented height of 1,044 feet above ground, or 1,049 feet above sea level. This supertall stature is a notable increase from the initially planned 930 feet, as indicated in a UDRB filing earlier in May. The property, located at the heart of Brickell, is poised to become a landmark structure that will redefine urban living.
Remarkably, the FAA’s approval came swiftly, with the application filed only in late August and the decision following in just three months. This efficiency signals a conducive environment for real estate development, underlining the speed and agility of regulatory bodies in facilitating significant urban projects.Brickell, known for its vibrant financial district, positions the Ora By Casa Tua tower as a lucrative investment. Its location promises high demand from affluent professionals and businesses, making it a strategic asset.
As a supertall tower, Ora By Casa Tua offers unique residential and commercial spaces with unparalleled views and amenities. This exclusivity enhances its appeal to high-net-worth individuals and luxury businesses.
The FAA’s approval of the Ora By Casa Tua tower is more than just a green light for construction; it is a beacon for astute investors looking to capitalize on unique and high-value real estate opportunities.