Sales have officially started at the 40-story Cove Miami Tower in Edgewater. According to the developers, it will be a boutique premium condo development with sweeping views of Miami’s whole city as well as Biscayne Bay and the Atlantic Ocean.
There will be 116 residential units at Cove Miami, with 2 to 4 bedrooms. From $1.3 million to above $3.5 million will be the price range.
The UDRB received the plans in October 2022. Plans at the time indicated that the tower would have a top height of 465 feet and include a new baywalk section.
The architecture was created in collaboration with Kobi Karp and Dieguez Fridman, whilst Dieguez Fridman was the only designer of the interiors. The project is being developed in collaboration with Hazelton Capital Group and New York’s SB Development.
Building Features
Three levels of amenities + rooftop overlooking Biscayne Bay
Resort-style infinity pool with private cabanas
Gym
Spa with cold plunge pool
Massage rooms, Turkish bath, and sauna
Clubroom
Co-working area and meeting room
Game room
Owners lounge with wine cellar
Pet spa
Microcinema
Dock for water sports
Guest room
Private wineries
You can rent up to two times a year, with a minimum of three months
Garage in the building, with valet parking for two cars
Residence Features
Fully finished units
Floor-to-ceiling windows
Balcony in all residences
Kitchen counter in Calacatta gold marble
Italian kitchen and bathroom cabinets
Thermador and Bosch appliances
Wine cooler in select units
Marble bathrooms
and more
The groundbreaking is expected to take place in Q2 of 2024 with a top-off in 2026.
Waldorf Astoria Hotel & Residences Construction Update
The 100-story Waldorf Astoria Hotel & Residences in Miami is progressing significantly with the filing of tower crane licenses for 300 Biscayne Boulevard. This incredibly tall tower was created by Sieger Suarez Architects and Carlos Ott and is being built by a group of prestigious investors. These companies include international investment business Mohari Hospitality, S2 Development, national developer Property Markets Group, Canadian private equity firm Greybrook Realty Partners, global hospitality giant Hilton, and general contractor John Moriarty Associates.
Two tower cranes are planned to rise 1,255 feet above ground level, or 1,266 feet above sea level, according to the FAA file from May 31. The estimated work timeline for the cranes is from October 24, 2023, to August 23, 2027, demonstrating the precise planning and long-term dedication required for this enormous undertaking.
The Waldorf Astoria Miami, which is situated at 300 Biscayne Boulevard, will have nine spiraling, offset glass cubes that are evenly placed and covered in what is sometimes described as a “glass skin” to set it apart from other East Coast properties. In order to develop an iconic edifice in Downtown Miami that offers 360-degree views of Downtown Miami, Miami Beach, and the Atlantic Ocean, Sieger Suarez Architects and famous architect Carlos Ott collaborated.
Additionally, the developers collaborated with award-winning interior design company BAMO, which takes pride in designing enticing surroundings that flow, function, and inspire individuals to live and dream more completely. Along with guest rooms and suites inside the five-star hotel, the resort will have 360 private houses. Peacock Alley, a specialty restaurant, indoor/outdoor pre-function, and event spaces, conference and boardrooms, a resort-style pool deck with private cabanas, a spa, and a fitness facility will all be considered signature areas.
If you or someone you know have an interest in purchasing at Waldorf Astoria Hotel & Residences, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
E11EVEN Residences Beyond Breaks Ground
The E11EVEN Residences Beyond is a portion of the ultra-luxury, dual-tower E11EVEN Hotel & Residences Miami development, which is situated in Miami’s District 11. Developed by PMG and E11EVEN Partners, the E11EVEN Hotel & Residences Miami project, located at 90 NE 11th St. in the recently enlarged entertainment hotspot, has taken Miami by storm, continuing to smash sales records and provides a distinctive experience, unlike anything the neighborhood has ever seen.
The E11EVEN Hotel & Residences development is being carried out by E11EVEN Partners Marc Roberts, Michael Simkins, and Dennis DeGori as well as PMG Partners Ryan Shear, Kevin Maloney, and Dan Kaplan who attended the groundbreaking.
According to Simkins, “E11EVEN Residences Beyond’s groundbreaking marks a crucial next step in constructing the future of District 11. This incredible property offers residents an optimized lifestyle unlike any other in Miami, featuring top-notch dining, elite services, and lushly appointed residences all within one highly energized location. Once built, it will set the standard for ultra-luxury living and entertainment districts across the country.”
This groundbreaking follows recent announcements at E11EVEN Residences Beyond, which include the addition of The Clayton, an opulent $25 million private social and cigar club, and the recent expansion of the tower to offer additional units for sale and more amenity space. These developments were made possible by an incredibly high demand for these residences and record-breaking sales success across the dual-tower development as a whole.
PMG and E11EVEN Partners also announced that they had obtained $262 million in construction financing. E11EVEN Residences Beyond received a loan from Madison Realty Capital, while Jones Lang LaSalle served as the transaction’s broker.
Riviera Dining Group recently announced plans to add a second-floor restaurant with a direct entrance from the ground floor, as well as an upscale lounge and private membership club, to the extraordinary lineup of amenities offered by the first tower of the E11EVEN Hotel & Residences.
E11EVEN Residences Beyond and E11EVEN Hotel & Residences Miami offer a resort-style, entertainment-driven experience and destination.
They are conveniently located in Downtown Miami’s District 11. Its floor designs in both of its towers include presidential collections and penthouse suites in addition to studios and two bedrooms. Subzero and Wolf appliances, unique ITALKRAFT Italian cabinetry, premium finishes, and designer-selected furnishings are all included in each unit’s equipment list of fully integrated “smart building” features. Internationally renowned Sieger Suarez Architects will create the buildings’ towering 65 stories, while award-winning design firm AvroKO will create their interiors.
If you or someone you know have an interest in purchasing at E11EVEN Residences Beyond and E11EVEN Hotel & Residences, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Two Tower Development by Swire Properties Revealed-One Island Drive Miami
One Island Drive, an exceptional residential and hospitality destination located on a private island sanctuary just minutes from Miami’s lively metropolitan core, has unveiled its first official features, according to Swire Properties. One Island Drive, which is surrounded by beachfront views, will be among the pinnacles of Swire Properties’ portfolio of world-class properties and is destined to become a distinctive landmark on the Miami skyline.
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.
EDITION Residences Edgewater Construction Update
Construction is moving along for the 56-story EDITION Residences tower in Edgewater with its building permit application as well as a seawall permit application.
According to the permit application, the 56-story Edition will include a total of 187 residential units, a 13-level parking garage, and 3,500 square feet of business space. There will be 1,206,774 square feet of new building in total, with a hard construction cost of $215,750,000.
The builders announced last month that they anticipated commencing ground this Summer as a result of receiving $160 million in unit reservations.
One-bedroom-plus-den to four-bedroom floorplans with sizes ranging from 1,952 to 3,864 square feet and starting at $1.9 million will be available in immaculately finished homes. The tower will also have three lavish tri-level penthouses, each with a private rooftop pool and garden, representing the height of luxury.
The EDITION Residences, Miami Edgewater will have approximately 45,000 square feet of beautifully designed amenity spaces where owners can live, work, play, and entertain guests while exuding the same degree of luxury as the renowned hospitality brand. Two resort-style pools, a club bar, a library, private training studios, an extensive spa program, and six Guest Suites are just a few of the lauded features.
If you or someone you know have an interest in purchasing at EDITION Residences, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
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.
