The Residences at Six Fisher Island Secure $400M Construction Loan

In the realm of ultra-luxury real estate, few projects command as much anticipation and prestige as The Residences at Six Fisher Island. Recently, Related Group, in collaboration with partners Teddy Sagi and BH Group, alongside Wanxiang America RE Group, achieved a significant milestone by securing a $400 million construction loan from Madison Realty Capital. This loan replaces an initial $85 million acquisition loan, underscoring the scale and ambition of this exclusive development.

Situated on Fisher Island’s Northeastern shoreline, The Residences at Six Fisher Island is poised to become a hallmark of opulence on the East Coast. With only 50 private residences spread across 10 stories, the project promises an unprecedented level of exclusivity and luxury. Construction is slated to commence this summer, with completion expected by 2026.

Since its launch in late 2022, The Residences have already achieved remarkable sales exceeding $500 million. This includes the recent sale of two penthouses for a combined $150 million, emphasizing the allure and desirability of this unique development.

Berkadia South Florida played a pivotal role in securing the nine-figure loan, with Scott Wadler, Managing Director, highlighting the strategic foresight and global appeal of Related and BH Group’s vision for waterfront luxury living. The project’s distinctiveness and unprecedented demand for its penthouses contributed to Berkadia’s confidence in facilitating this landmark financing arrangement.

Nick Pérez, President of Related’s Condominium Division, expressed a deep commitment to enhancing Fisher Island’s unparalleled reputation. The development aims to blend opulence with tranquility, offering residences averaging 4,817 square feet designed by Tara Bernerd and Partners and Kobi Karp Architects. Each home will feature bespoke interiors, private elevator foyers, and panoramic water views—a testament to meticulous craftsmanship and elevated living.

Residents of Six Fisher Island will enjoy a wealth of amenities, including two resort-style pool decks, a state-of-the-art wellness facility, and exclusive access to Fisher Island’s renowned private beach and golf course. This enclave promises a seamless fusion of privacy and convenience, catering to the discerning tastes of its esteemed residents.

Isaac Toledano, Founder of BH Group, emphasized the project’s commitment to enriching Fisher Island’s unique community ambiance. The development seeks not only to redefine luxury living but also to preserve and enhance the island’s cherished village-like atmosphere—a testament to BH Group’s dedication to crafting exceptional living environments.

With the $400 million construction loan secured, The Residences at Six Fisher Island stands poised to redefine the pinnacle of luxury living on the East Coast. This landmark development represents a harmonious blend of visionary architecture, unparalleled amenities, and a commitment to timeless elegance. As construction progresses, anticipation mounts for what promises to be a new standard in coastal living, offering a rare opportunity to reside in one of the world’s most exclusive communities.

Introducing First & Fifth: A New Icon in Downtown Miami’s Skyline

Oak Row Equities has made a bold move in the heart of Downtown Miami with its recent acquisition of 49 Northwest 5th Street, heralding the dawn of First & Fifth, a visionary 45-story multifamily tower. This off-market purchase, secured for $38.5 million with seller financing, marks a significant step in the company’s commitment to shaping South Florida’s urban landscape.

Designed by ODP Architecture & Design, First & Fifth draws inspiration from Miami’s rich Venetian architecture of the early 20th century, blending historical charm with contemporary flair. The design features prominent arches reminiscent of the Doge Palace in Venice, creating a unique silhouette against Miami’s skyline.

The 700,000-square-foot tower will host 500 multifamily units, each offering high-end finishes and sweeping city views. Bright, airy spaces emphasize the open feel of urban living, tailored to meet the demands of modern residents seeking both luxury and convenience.

Situated strategically across from MiamiCentral Station, First & Fifth enjoys unparalleled connectivity as the central nexus for South Florida’s major train systems: Brightline, Metrorail, Tri-Rail, and Metromover. This prime location places residents within walking distance of Miami’s dynamic urban core, including Miami Dade College’s Wolfson Campus, the federal courthouse, and the Miami Heat’s arena.

Erik Rutter, Managing Partner at Oak Row Equities, articulates the project’s vision: “First & Fifth exemplifies our belief that proximity to transportation hubs is pivotal in shaping urban living choices in South Florida.” This sentiment is echoed by David Weitz, Managing Partner, who emphasizes the project’s culmination of foresight and collaboration.

First & Fifth not only enhances the skyline but also reflects Oak Row Equities’ dedication to transit-oriented development. This approach is central to their portfolio, which includes notable projects like The Oasis, Wynwood Plaza, and others strategically positioned near transit nodes to maximize connectivity across the region.

As Oak Row Equities prepares to introduce First & Fifth to the capital markets and prospective tenants, anticipation mounts for a new chapter in Miami’s urban evolution. With its blend of historical inspiration, modern design, and strategic location, First & Fifth promises to redefine urban living in Miami, offering a vibrant lifestyle where convenience meets luxury.

Stay tuned as First & Fifth rises to prominence, a testament to Miami’s growth and Oak Row Equities’ commitment to innovation in urban development.

$668 Million Construction Loan Secured for Waldorf Astoria Hotel & Residences

Waldorf Astoria Hotel & Residences, spearheaded by PMG in collaboration with esteemed partners including Greybrook, Mohari Hospitality, S2 Development, and Hilton, has secured a monumental $668 million in construction financing, setting a new record in Florida’s residential condominium development history.

Nestled at 300 Biscayne Boulevard, the Waldorf Astoria Hotel & Residences Miami is not just another skyscraper; it’s a marvel in architectural ingenuity and luxury living. Designed by the renowned Sieger Suarez Architects in collaboration with Carlos Ott, the 1,049-foot tower will stand as the tallest residential building south of New York City. Its distinctive design features nine spiraling, offset glass cubes wrapped in a stunning “glass skin,” ensuring it stands out as an iconic addition to Miami’s ever-evolving skyline.

What sets Waldorf Astoria Hotel & Residences Miami apart is its seamless blend of luxury residences and world-class hospitality. The development will house 387 private residences alongside 205 guestrooms and suites within the luxury hotel segment. Each unit is meticulously crafted with BAMO’s award-winning interior design, offering not only breathtaking views but also unparalleled comfort and sophistication.

Residents and guests will enjoy access to the Waldorf Astoria brand’s renowned Peacock Alley, a specialty restaurant, and indoor/outdoor event spaces for memorable gatherings. A resort-style pool deck with private cabanas, a holistic wellness spa, and state-of-the-art fitness center ensure relaxation and rejuvenation at every turn. Private residential amenities include an exclusive lobby, billiard room, and a kids’ club, offering something for every member of the family.

As the project moves into its vertical construction phase, anticipation builds for the grand unveiling slated for Q2 2028. Managed by Hilton Management Services, Waldorf Astoria Hotel & Residences Miami promises not just a residence, but a refined haven where personalized service and best-in-class experiences define everyday living.

Solana: Juvia Group’s New Rooftop Culinary Experience at The Standard Residences, Midtown Miami

Midtown Miami, where innovation meets sophistication, a new culinary gem is poised to grace the skyline. The collaboration between Rosso Development, Standard International, Midtown Development, and the esteemed Juvia Group heralds the arrival of Solana, a rooftop restaurant and bar concept set to open at The Standard Residences.

Carlos Rosso, the visionary founder and CEO of Rosso Development, expressed his excitement about the partnership, stating, “Jonas and the Juvia team are the perfect addition to The Standard Residences family.” This sentiment is echoed by Jonas Millán, co-founder of the Juvia Group, who eagerly anticipates bringing their vibrant European concept to this dynamic location.

Juvia Group’s reputation precedes them, known for their vibrant cuisine, innovative cocktails, and exceptional dining experiences set against stunning outdoor backdrops. Solana, spanning approximately 6,000 square feet atop the lush rooftop of The Standard Residences, promises to enchant guests with its relaxed yet sophisticated atmosphere.

Inspired by Riviera Cuisine, Solana will offer a diverse menu that tantalizes the taste buds, complemented by signature cocktails such as the tantalizing ‘Bonito Bubbling’. Designed by the visionary AD100 architect Manuel Clavel Rojo, the space will seamlessly integrate with The Standard’s renowned vibe, promising an unforgettable experience for patrons.

Manuel Clavel Rojo, Principal of Manuel Clavel Arquitectos, expressed his enthusiasm for the project, emphasizing the iconic status Solana is poised to achieve in Miami’s skyline. The design draws inspiration from the timeless elegance of Tropical architecture, paying homage to the city’s rich cultural heritage.

Located at 3100 N.E. 1st Ave, The Standard Residences epitomize luxury living in one of Miami’s most connected and walkable neighborhoods. Boasting meticulously curated interiors and an array of community-minded amenities, including a lobby, Rosetta Bakery Café & Privato Speakeasy, and health and wellness facilities, The Standard Residences redefine urban living.

With completion slated for 2025, The Standard Residences, Midtown Miami, is already 95% pre-sold, a testament to the allure of this exceptional development.

As anticipation builds and construction progresses, Solana stands as a beacon of culinary excellence, poised to elevate Miami’s dining scene to new heights. Whether indulging in a leisurely meal or sipping cocktails against the backdrop of the city skyline, Solana promises an experience that transcends the ordinary—a celebration of flavor, ambiance, and community.

Luxury Living Redefined: The St. Regis Residences Unveil Exclusive Garden Villa in Miami’s Brickell

Miami’s skyline is set to be adorned with a new beacon of luxury living as Related Group and Integra Investments unveil the first of two exclusive garden villa residences at the prestigious St. Regis Residences in Brickell. Priced at a staggering $32 million, this four-floor villa epitomizes opulence, offering 7,617 square feet of indoor living space complemented by an additional 2,726 square feet of breathtaking outdoor areas, including a rooftop terrace with a captivating swimming pool overlooking the azure expanse of Biscayne Bay.

Dubbed as the neighborhood’s definitive luxury address, The Residences boast a visionary team behind its creation. With architecture by the esteemed Robert A.M. Stern Architects (RAMSA) and interiors meticulously crafted by the highly acclaimed Rockwell Group, this property represents a convergence of timeless elegance and contemporary allure. RAMSA’s design, inspired by the sophistication of golden-age ocean liners fused with modern skyscrapers, marks the firm’s debut in South Florida’s residential development landscape.

The 50-story tower will feature 152 condominium homes ranging from two to six bedrooms, including penthouses, sky villas, and the two standalone garden villas, promising a bespoke experience synonymous with the legendary St. Regis brand’s historic five-star services.

Nick Pérez, President of Related’s Condominium Division, emphasizes the unique proposition of the garden villas, stating, “Located in one of Brickell’s most sought-after enclaves, the garden villas at The St. Regis Residences, Miami, offer the experience of living in a single-family home alongside the personalized services and carefully curated amenities that are hallmarks of the St. Regis brand.”

Luxury pervades every corner of the garden villa, boasting five bedrooms, six bathrooms, and two powder rooms. The main level welcomes residents into a spacious great room seamlessly integrated with an outdoor terrace, chef’s kitchen, and dining room. The kitchen, adorned with modern appliances and handcrafted Italian millwork, exudes an elevated aesthetic marrying contemporary lines with traditional accents.

Ascending to the upper level, the primary bedroom offers serenity with direct access to a terrace, two walk-in closets, and a sumptuous midnight bar. The villa’s crowning glory, the rooftop deck, redefines indoor-outdoor living, offering panoramic views of Biscayne Bay. Residents can indulge in al fresco dining, lounging in landscaped areas, or taking a dip in the pool and spa overlooking the Brickell waterfront.

Beyond the villa’s confines, residents will revel in a plethora of amenities spanning over 50,000 square feet of indoor and outdoor spaces. A professional-grade fitness center, full-size pickleball court, private marina, world-class spa, and indoor lap pool beckon to cater to residents’ wellness and leisure needs. Signature butler services add a touch of refinement, ensuring a seamless living experience.

Moreover, dining at The Residences transcends the ordinary, with offerings including the iconic St. Regis Tea Room and a residents-only, fine-dining restaurant helmed by Michelin-starred chef Fabio Trabocchi, elevating gastronomic experiences to new heights.

Surrounded by park-like grounds landscaped by the acclaimed Swiss design firm, Enea Garden Design, The St. Regis Residences promise a lifestyle of unparalleled luxury, sophistication, and exclusivity, redefining the art of living in Miami’s vibrant Brickell neighborhood.

Construction Update for St. Regis Residences Miami

In a city known for its ever-evolving skyline, Miami’s Brickell neighborhood is gearing up for another impressive addition. Plans submitted to the Federal Aviation Administration (FAA) on June 3 have revealed ambitious developments at the St. Regis Residences property on Brickell Avenue.

According to the filing, two cranes are slated to be erected at the construction site, symbolizing a significant milestone in the area’s ongoing transformation. These towering structures are set to reach a remarkable height, with each crane projected to rise an impressive 741 feet above ground level, or 750 feet above sea level.

The proposed cranes are not the only elements reaching new heights in this project. Earlier this year, the Miami Building Department granted a total demolition permit, marking the beginning of the site clearance process. The permit was issued to make way for the forthcoming St. Regis tower, which promises to redefine Brickell’s skyline.

The vision for the St. Regis tower is nothing short of breathtaking. Once completed, it is set to soar 52 stories above ground, reaching a height of 630 feet above ground level and 639 feet above sea level. This architectural marvel will not only reshape the skyline but also elevate the living experience for future residents.

As the project progresses, meticulous planning and coordination are underway. A master construction permit is currently under review, while phased vertical and site work permits are in process. These meticulous preparations underscore the commitment to ensuring the seamless execution of this monumental endeavor.

The St. Regis Residences project represents more than just a construction site; it embodies the spirit of innovation and progress that defines Miami’s vibrant landscape. With each crane raised and each floor built, Brickell’s skyline reaches new heights, reflecting the city’s unwavering ambition and limitless potential.

Tower Near Arsht Center to Soar Higher Than Initially Planned

Miami’s skyline is about to undergo another transformation as plans for a new tower near the Arsht Center have been formally filed, revealing an increase in height beyond initial expectations. This development signals not only the city’s continued growth but also the adaptability and evolution of urban architectural projects.

According to recent filings submitted on June 6th to Miami-Dade officials for zoning approval, the tower is now slated to rise 30 stories above ground, reaching an impressive height of 353 feet. This significant increase surpasses the earlier projection of 27 stories, standing at 319 feet, as detailed in an April filing by the developer during a pre-application meeting request. The adjustment in height underscores the dynamic nature of construction projects and the iterative process of urban development.

Despite the upward revision in height, one aspect remains constant: the number of dwelling units. The tower is still planned to accommodate 283 units, maintaining its residential capacity as previously envisioned. This continuity ensures that the project retains its intended scale and functionality, providing housing options within the burgeoning cityscape.

Behind this ambitious venture is a dedicated team of professionals committed to bringing the vision to life. 14th Street Miami Investments, LLC spearheads the development, while RSP Architects of Miami lends their expertise as the architect responsible for crafting the tower’s design. The project’s engineering aspects, both civil and traffic, are entrusted to Kimley-Horn, ensuring the structural integrity and seamless integration with the surrounding urban infrastructure. Urban Robot contributes its landscape architectural prowess to enhance the green spaces surrounding the tower, while legal matters and land use intricacies are expertly navigated by Bercow Radell Fernandez Larkin + Tapanes. This collaborative effort underscores the interdisciplinary nature of modern urban development, where diverse skill sets converge to realize ambitious projects.

As plans for the tower near the Arsht Center take shape and surpass initial expectations in height, Miami’s skyline prepares for another striking addition. This development not only reflects the city’s ongoing evolution but also exemplifies the collaborative spirit driving urban innovation. With a dedicated team and meticulous planning, the tower is poised to become a prominent feature in Miami’s ever-changing landscape, contributing to its vibrant urban tapestry for generations to come.

Introducing Villa17- A Paradigm of Luxury Living in Miami Beach

Miami Beach, renowned for its vibrant energy and luxurious lifestyle, is about to witness the dawn of a new era in upscale living with the launch of Villa17. Developed by Regency Development Group in collaboration with the visionary architect Kobi Karp, Villa17 emerges as an exclusive enclave of opulent townhomes at the coveted corner of 17th and Jefferson Avenue.

With just 10 meticulously crafted residences, Villa17 sets a new standard for sophistication and urban living in Miami Beach. Each townhome, designed by the esteemed firm Yodezeen, boasts 4 bedrooms, 4.5 bathrooms, and an array of upscale features, starting at $3,500,000. The interiors are a testament to exquisite taste, with customizable options that reflect the discerning preferences of today’s luxury buyers.

What sets Villa17 apart is not just its prime location but also its commitment to unparalleled luxury. Residents will revel in the exclusivity of their own private elevator, granting access to a secluded rooftop retreat. The attention to detail is evident throughout, with Poliform kitchens and closets, Antonio Lupi bathrooms, and state-of-the-art Miele appliances adorning each home. Security and convenience are paramount, with private 2-car garages ensuring peace of mind amidst the bustling cityscape.

Spanning 2,500 to 3,000 square feet, the floor plans of Villa17 boast expansive 10-foot ceilings, framing panoramic views of Lincoln Road or the meticulously landscaped garden terrace. The customizable sky decks offer residents the opportunity to tailor their rooftop oasis to their exact specifications, further elevating the luxury living experience.

Villa17 represents a harmonious fusion of convenience and sophistication, redefining luxury living in Miami Beach. With its exquisite design, prime location, and customizable features, Villa17 stands poised to captivate those who seek the ultimate in urban elegance amidst the vibrant energy of Miami Beach.

Exploring the Future: Miami Beach’s Mixed-Use Project Proposal

Miami Beach, renowned for its vibrant culture and stunning beaches, is often a hub for innovative urban development. Recently, the city’s Planning Board has been abuzz with anticipation as they prepare to review a groundbreaking proposal: a five-story, mixed-use project set to transform a familiar landscape.

At the heart of this proposal lies a 30,000-square-foot site, currently serving as a parking lot for the adjacent CVS. However, if approved, this space will soon undergo a dramatic metamorphosis into a 60,000-square-foot marvel of modern architecture.

The project’s focal point will be the introduction of 38,805 square feet of office space, comprising a significant 64.7% of the total area. Complementing this commercial aspect will be 77 parking spots and 3,900 square feet dedicated to commercial use, promising a dynamic blend of work and leisure within the bustling cityscape.

The proposal also envisions a residential component, adding a touch of urban living to the mix. Eighteen townhomes, each spanning 1,980 square feet, will grace the landscape, accompanied by a charming 564-square-foot rooftop amenity deck. Positioned on the lower two floors, these residences will coexist harmoniously with the commercial spaces above, creating a vibrant community within the city’s fabric.

However, the project’s scope extends beyond mere construction – it seeks to honor the city’s rich history while embracing the future. 7410 LLC, the developer spearheading this endeavor, plans to breathe new life into the iconic CVS building, a relic from the 1950s. This revitalization effort will retain the building’s historical significance, preserving its original components for future generations to admire.

The CVS redevelopment is not just about aesthetics; it’s a testament to responsible urban planning. In addition to the 18 residences, the revamped building will offer 25 parking spots, over 8,300 square feet of retail space, and a rooftop pool, transforming it into a multifaceted destination for residents and visitors alike.

One of the most intriguing aspects of this proposal is its commitment to sustainability and preservation. By repurposing existing structures and incorporating green initiatives, the project aims to minimize its environmental footprint while maximizing its impact on the community.

Located at 7401 to 7425 Harding Ave in Miami Beach, FL, 33141, in Miami-Dade County, this ambitious venture represents a bold step towards the future of urban living. As the city’s Planning Board convenes to evaluate this proposal, all eyes are on Miami Beach, eager to witness the evolution of its iconic skyline.

Miami Beach’s mixed-use project proposal embodies the spirit of innovation and revitalization, promising to redefine urban living in the heart of this vibrant city. With its blend of commercial, residential, and historical elements, it stands as a testament to Miami Beach’s commitment to progress while honoring its rich heritage. As the project moves forward, it is poised to leave an indelible mark on the city’s landscape, shaping its future for generations to come.