Aston Martin Residences Miami Exceeds 90% in Sales Breaking Records in January and February 2022

Developers for Aston Martin Residences Miami recently announced that sales continue to climb and there seems to be no stopping the upward direction of unit prices. Sales for this new tower have surpassed 90%, beating its own records for both January and February 2022.

According to Alejandro Aljanati, CMO of G&G Business Developments, the business behind the project in partnership with premium brand Aston Martin, January and February 2022 combined completed over $100 million in sales. There are more under contract leaving less than 40 units available for much anticipated luxury tower.

According to Aljanati with the tower 90% sold, “This is called scarcity and rarity. There’s no inventory. The whole building is increasing prices. So even if you bought an apartment six months ago, you will make a very good profit.”

The tower’s penthouse, which is the only triplex penthouse in an Aston Martin structure, has boosted its asking price from $50 million to $59 million as a result of the increasing demand. The purchase still includes the extremely rare Aston Martin Vulcan.

Units range from studio to 4 bedroom floor plans with square footage beginning at 698. River and Panoramic units start at $750,000 and rise to $8+ million depending on the floor plan and unit location. As for the Sky and Penthouse residences, units begin at $14 million reaching well over $50 million.

Development Information

• Developer: G&G Business Developments
• General Construction: Coastal Construction
• Architect and Design Team: Luis Revuelta of Miami and Bodas-Miani-Anger of Argentina

Residence Features

• Private service entrance at basement level for all move-ins and personnel
• Bulthaup custom cabinetry in kitchens
• White marble floors throughout the entire unit and porcelain in all balconies
• Quartz countertops in the kitchen. Piatra Grey (Ceasarstone) or similar
• Gagganeau appliances in all residences: (sizes depends on units)
• Duravit wall-mounted toilets in all units throughout the building and bidets in select units
• All bathrooms feature marble floorings and walls (Thassos or similar
• Hansgrohe faucets in secondary bathrooms and exclusive Axor model in master and powder bathrooms
• Italian Bertolotto doors with AGB hardware in all units
• Wood-paneled front doors to residence with programmable smartphone technologies such as NFC and Bluetooth
• Floor soundproofing system installed throughout all units including all bathrooms
• Walls dividing units with corridors will be 10″ wide with layers of Quiet Rock improving soundproofing
• German Schuco hardware on sliding glass doors
• ThyssenKrupp “Destination Dispatch” elevator system from main lobbies getting passengers to their destination in the shortest travel time and enabling access only to their own floor for enhanced security
• High-speed elevators going up to 1200 feet per minute
• High-speed internet and Wi-Fi hotspots in all common areas
• Cast iron pipes and risers avoiding Waterflow noises

Amenities

• Full-service building with concierge and hospitality-inspired services
• Super Yacht Marina facilities
• “The Aston Martin Club” membership
• Rooftop infinity pool located on 55th floor
• Fitness Spa and Fitness Center with Meditation
  Room and Treatments Suites
• Private Steam, Sauna, and Locker Facilities
• Pet-friendly building
• Building designed with a helipad on the rooftop
• 24-hour valet and covered garage self-parking
• Valet charging stations for electric cars
• Valet Butler
• Additional bicycle and private storage spaces
• 10 destination controlled super hi-speed elevators
  and separate dedicated service elevators
• Digital connection to concierge and all building
  amenities from every residence
• State-of-the-art Business Center and Conference Rooms
• Art Gallery and Art Lobby on 53rd floor
• Private Residence Movie Theatre, Event Space,
  Kids Playroom, Teen Center, and Game Rooms
• Virtual Golf
• Beauty Salon with blow-dry station, pedicure chair,
  manicure table, and wash stations

Construction for Aston Martin Residences Miami is expected to be completed by the end of 2022.  If you or someone you know have any interest in purchasing at Aston Martin Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.

Miami Real Estate Sales Soar for the 17th Consecutive Month

According to the Multiple Listing Service (MLS), Miami-Dade County real estate achieved its best-ever February sales month as existing condo transactions climbed by double digits for the 17th consecutive month, following the historic January 2022 and 2021 year sales.

Total house sales in Miami-Dade County increased 13.2% in February 2022, from 2,485 to 2,814. Due to low availability, Miami single-family home transactions fell 7.9%, from 1,093 to 1,007 units. Existing condo sales surged jumping up 29.8%, from 1,392 to 1,807, marking the 17th consecutive month of double-digit year-over-year condo gains.

Home sales were much higher in February 2022 compared to February 2020 with total house sales up 51.1% compared to February 2020, from 1,862 to 2,814. Miami single-family house sales are up 13.9% while condo purchases are up 84.8% from January 2020.

Miami luxury condo sales are up 45.4%, with mid-market transactions ranging from $400,000 to $600,000 on the rise. In addition, Miami’s existing condo luxury ($1 million and more) sales increased 45.4% year on year to 237 deals.

Miami single-family houses valued between $400K and $600K climbed 24.7 percent year over year in February 2022, with 389 sales. Miami’s existing condo sales in the $400K-$600K price range surged 101.8 percent year over year to 345 deals in February 2022.

Single-family home inventory fell 29.3 percent year on year in February 2022, from 3,128 active listings the previous year to 2,212 this month. Condominium inventory fell 55.1 percent year on year to 5,272 from 11,735 during the same time in 2021.

Months’ supply of inventory for single-family homes has been decreasing since July 2019, suggesting high demand. Months of inventory for single-family homes fell 39.3 percent to 1.7 months, indicating a seller’s market. Existing condominium inventory fell 74.5 percent to 2.6 months, indicating a seller’s market. A balanced market between buyers and sellers provides six to nine months of supply.

The total number of active listings at the end of February 2022 fell 49.6 percent year on year, from 14,863 to 7,484.

In February 2022, Miami-Dade County single-family median prices grew 19.1 percent year over year, rising from $450,000 to $536,000. The median price of a single-family home in Miami has climbed for 123 straight months (10.25 years), the longest unbroken stretch on record.

Year over year, the median price of existing condos grew by 26.7 percent, from $300,000 to $380,000. The median price of a condo has risen in 125 of the previous 129 months.

Mortgage rates have typically been low, making house purchases more accessible. The average commitment rate for a 30-year, conventional, fixed-rate mortgage was 3.76 percent in February, up from 3.45 percent in January, according to Freddie Mac. The overall commitment rate for 2021 was 2.96 percent.

Miami real estate is attracting several bids, with buyers willing to pay above the asking price. In February 2022, the median percent of the initial list price obtained for single-family houses was 98.7 percent, up 1.5 percent from 97.2 percent the previous year. For existing condominiums, the median percent of the original list price obtained was 97.8 percent, up 3.7 percent from 94.3 percent last year.

Miami cash sales accounted for 75.6 percent of all sales in February 2022, which is much higher than the national average. In February 2022, cash transactions accounted for 43.9 percent of Miami closed sales, up from 35.8 percent in February 2021. According to the most recent NAR figures, cash accounts for around 25% of all house sales in the United States.

Cash sales made up 53% of all existing condo sales in Miami and 27.5 percent of single-family purchases.

Plans Submitted for 48 Story Tower: Brickell Gateway

Israeli-developer, Gazit Horizons, is on track to bring a 48 story tower to Miami’s Brickell. Located at 90 SW 8th Street next to Brickell City Centre, will be the Brickell Gateway Tower. The 377,000 square foot project will bring residential units, office spaces, a hotel concept, and retail to the neighborhood.

Gazit Horizons acquired the land in July 2017 for $29.5 million and March 1, 2021, was the date that the developers submitted plans for demolition. The tower is proposed to include 500 condo units.

The demolition approval is still pending. According to the plans, the site only permits plans for a building up to 48-stories and they are taking full advantage.

The demolition costs for the property would total $139,698 with an estimated cost for completion at $150 million. BG Group is listed as the demolition contractor for the project. Once approved, the developers are aiming for a completion date in quarter 2 of 2023.

The developers met with the City of Miami on February 15, 2022, for review. The current status of the project is still in redesign.

You may be familiar with the current site of the proposed tower. It is a black building with magnificent artwork portraying soccer-based graffiti. The soccer club, Club Internacional de Fútbol Miami, that houses the building has been renting the space since 2018. David Beckham is the Miami MLS Owner and President of Football Operations.

ROVR Development and Related Plan to Build 48 Story Tower in Downtown Miami- College Station

The Related Group is at it again with another tower proposed in downtown Miami. Along with the Miami Parking Authority, The Related Group, and ROVR Development are proposing to replace a downtown Miami parking garage with a 48-story development.

On Feb. 2, the Miami Off-Street Parking Board, or MPA, will vote on a 99-year lease and development agreement for the College Station Garage at 190 N.E. Third Street which is very close to Miami Dade College.

When the MPA received an unsolicited proposal for the property in July 2021, the process began. It solicited public bids for the property and received bids from College Station Partners LLC, a joint venture with The Related Group and ROVR Development, as well as Terra of Miami. On January 19, an MPA review committee gave College Station Partners’ bid a higher grade for the development.

The College Station project would include 1.88 million square feet of space and include 1,200 residences, 8,214 square feet of retail space, 33,865 square feet of public service space, 30,000 square feet of amenities, and 1,357 parking spots.

The completed facility would contain the same number of public parking spots as the present garage, which will be demolished. The MPA would own these spaces.

The developer stated that 20% of the units would be affordable housing for seniors earning up to 50% of the local median income, while the other 15% would be worker housing for those earning up to 140% of the area median income. Miami’s current median family income is $39,000.

According to the proposal, the public service space might be used for a fire station or an urgent care clinic to support the downtown’s fast-rising population, including a not-for-profit art’s center.

The units would range from 360 to 1,310 square feet in size. There would be 138 studio apartments, 636 one-bedroom apartments, 354 two-bedroom apartments, and 72 three-bedroom apartments.

The lease is expected to be signed in the first quarter of 2023, taking up to 60 months to construct. The application said that the developers would have to establish alternate parking arrangements for tenants of the adjoining Downtown Lofts I and II condos, which would use this garage for parking, during the construction time.

According to the lease’s proposed financial terms, College Station Partners would pay the MPA $500,000 upfront, about $2 million per year during construction to compensate for missed parking revenue and 10% of the project’s net cash flows for rent following completion. According to the developers, this would equate to a $1.27 billion economic gain to the MPA over the life of the 99-year lease, not including the value of the new public parking garage.

Melo Group Purchases Entire City Block in Edgewater to Build a Four Tower Development

Melo Group has recently purchased an entire 3.04-acre city block for $105 million in Miami’s Edgewater neighborhood with the intention of establishing a huge development.

The entire block extends from Biscayne Boulevard to Northwest Second Avenue between Northeast 17th Street and Northeast 17th Terrace with the primary address as 1700 Biscayne Blvd.

The sellers of the land are Biscayne Arts LLC, Biscayne Arts Plaza LLC, Brickell North Investments, and Miami Proarts II but the press release stated that the land is managed by James Goldstein in Fort Lauderdale. They have owned the property for decades and the current block features 2 office buildings, parking lots, and a Burger King.

The Melo Group plans to develop four 60 story towers with condos, apartments, and retail space with the condo units totaling 1,520 residential units. The property was purchased for $105 million at $69,000 per buildable unit.

According to a representative of the Melo Group, “the Biscayne Place sale marks the highest price per square foot for any non-waterfront property in Miami’s Arts & Entertainment District and the second-highest in Edgewater.”

The Melo Group has built more than 6,000 condos in the city throughout the last 20 years with a majority of its projects located in Edgewater as well as the Arts & Entertainment District. If this property moves forward, this will be the largest development that the Melo Group has built in Miami.

Developers for Legacy Hotel & Residences Receives Third Largest Construction Loan Ever in Florida

Developer Dan Kodsi’s Royal Palm Companies recently received a $340 million construction loan for Legacy Hotel & Residences. New York-based real estate lending joint venture Silverstein Capital Partners, provided the loan for a condo-hotel construction tower that will be located in Downtown Miami at Miami Worldcenter.

According to a press release, the financing is the third-largest construction loan ever made in Florida, behind two others for projects in Miami-Dade. The other two loans were for the building of The Estates at Acqualina in Sunny Isles Beach ($558 million) and Five Park in Miami Beach ($345 million).

Legacy Hotel & Residences began selling in late 2019 and despite the pandemic, it is already entirely pre-sold, with $160 million in sales.

The luxury tower located at 942 Northeast First Avenue, will rise 50 stories at 668 feet tall making it the second tallest tower at Miami Worldcener. This mixed-use development will feature 312 residential units, 262 luxury hotel rooms, a business center, medical office, retail space, and rooftop atrium.

The residences will include studio to 2 bedroom floor plans with 368 to 964 square feet options. The units will be fully finished and furnished. One of the unique things about Legacy is that residents will be able to rent their units without any restrictions. This includes utilizing a short-term rental company, whether its the Legacy’s rental program, Airbnb, or VRBO.

Not only is this loan one of the largest construction loans in Florida but this is also Silverstein Capital Partner’s first South Florida loan. Larry Silverstein of Silverstein Properties is an affiliate of the financial group and also led the development of the World Trade Center after 9/11.

Kobi Karp Architects, Design Agency, and ID & Design International designed the structure.

The ground-breaking for Legacy Hotel & Residences occurred in August 2021 and is expected to reach top-off in 2024.

The Hottest Art Basel Events Remaining

Art Basel Miami is here and we’ve seen some of the hottest exhibitions, art, and parties that have taken place in Miami. These included the Dior Medallion Chair Exhibition, the Chanel No. 5 Centenary Celebration, the Confidante x Museum of Graffiti Skatepark, and so much more! Art Basel isn’t just about a week-long of art exhibits, it’s about expression, creativity, and of course, fun! We have compiled the hottest events for the rest of the week!

Exhibitions:

Empowering the Creators of Culture- Nft now x Christie’s Present “The Gateway”

Immerse yourself in a journey of discovery at nft now x Christie’s Art Basel 2021 gallery, The Gateway, a celebration of the NFT community and its achievements. Just as creators have been reclaiming the financial systems, we’ve taken over a 23,000 square foot darkened floor at a Miami bank building, transforming it into a maze of rooms that encourages attendees to use their senses to explore the space that now features carefully curated pieces from trailblazing artists. When: Friday, December 3-Opened to the public but registration is required.

Playboy & BIGBUNNY Present A Night of the Surreal 

Playboy, the legendary lifestyle brand, will present an extraordinary evening at Casa Tua to unveil their surrealist perspective on Miami Art Week in honor of BIG BUNNY. The event will include newly commissioned pieces by Nina McNeely, Maurice Harris, Miranda Makaroff, Filip Custic, and Maria Forqué, as well as a selection of surrealist work from Playboy’s library, as well as DJ sets by Mona Matsuoka, Mia Moretti, and Boys Noize. When: Friday, December 3

Pop Up Shows

Pimp Your Bag with Olivia Steele and Vee Collective

Olivia Steele, a modern visual artist, will be personalizing Vee Collective bags from 1 to 7 p.m. at Showfields Miami. Vee Collective bags are made from 100 percent recyclable materials and have simple aesthetics that are ideal for travel, sports, shopping, or leisure. Olivia Steele will provide free customization to guests who purchase a Vee Collective bag. When: Friday, December 3

Marea Pop-up at Osteria Morini

Altamarea Group’s Marea will be in Miami for two days exclusively during Art Basel. This dinner series, held on the patio of the Kimpton Hotel, which also houses Altamarea Group’s younger sibling restaurant, Osteria Morini, will offer some of Marea’s characteristic dishes, including the famed octopus fusilli. From Friday, December 3rd through Saturday, December 4th, guests can enjoy a four-course tasting menu with carefully chosen wine-pairing for $375 per person at the Marea pop-up. When: Friday, December 3rd and Saturday, December 4th, Reservations can be made here.

Parties

E11EVEN Miami’s Line-up

The party will continue over the weekend, with a performance by Migos on Friday, December 3rd, and a special act to be revealed on Saturday night. Carnage + Bia will close up the long weekend with a live concert on Sunday, December 5th. 11miami.com

A-Trak & Friends

Chromeo, Dillon Francis, Boys Noise, Roger Sanchez, Kito, and Jubilee are among the cast members. Friday, 9 p.m., at Oasis Wynwood, 2335 N. Miami Ave., Miami. RSVP at tixr.com for free admission.

Donavan’s Yard

Sango, Kitty Cash, and the Sound Club also appear. 1-800-Lucky, 143 NW 23rd St., Miami; 305-768-9826; 1800lucky.com, 9 p.m. Friday. RSVP at eventbrite.com for free admission.

Essential

Miguel Migs, Jay-J, Mark Brickman, Dan. K, and Julie McKnight also star. No. 3 Social, 50 NW 24th St., Miami; 305-748-4540; no3social.com, 7 p.m. Friday. Tickets range from $20 to $35 and may be purchased at eventbrite.com.

NADA Afterparty

10 p.m. Friday, at Center for Subtropical Affairs, 7145 NW First Ct., Miami; cstamiami.org.

Lizzo

Saturday, at 9 p.m., at the Miami Beach Edition, 2901 Collins Ave., Miami Beach; 786-257-4500; editionhotels.com. The in-person event is by invitation only; livestream tickets range from $9.99 to $262.99 and are available at live-now.com.

Art, Blues, & Soul Festival

3 p.m. Saturday at African Heritage Cultural Arts, 6161 NW 22nd Ave., Miami; 305-638-6771; ahcacmiami.org. With Chrisette Michelle, Glenn Jones, and Jon B. Tickets range from $35 to $85 and are available at eventbrite.com.

Michael Bibi B2B Loco Dice, Luciano, and Art Department

Saturday, 4 p.m., at Factory Town, 4800 NW 37th Ave., Miami. Tickets range from $15 to $150 and are available at eventbrite.com.

Rock the Bells: Yacht the Basel

Kasha Paige, Just Blaze, DJ Millie, DJ Steve, DJ Nyla Symone, and DJ C-Stylez join the cast. Saturday, 1 to 6 p.m., at the Seafari Mega Yacht, Chopin Plaza, Miami. RSVP at eventbrite.com for free admission.

Basel Is Lucky

Art Department, Cocodrills, Andrea 10seconds, and Nelson Diaz will perform at 4 p.m. Sunday at 1-800-Lucky, 143 NW 23rd St., Miami; 305-768-9826; Admission is free before midnight; tickets cost $20 at eventbrite.com.

Miki Beach

Philipp Jung, Seth Schwarz, Dude Skywalker, Nii Tei, Alex Cecil, Iman Rizky, Freak the Disco, and others appear in this film. ATV Records, 1306 N. Miami Ave., Miami; 305-456-5613; atvrecords.com, 6 p.m. Sunday. Tickets are $30 through ra.co.

Smart Brickell Tower 3 Coming Soon

Smart Brickell is one of the newest condo-hotel projects located in the heart of West Brickell. This mixed-use development will comprise three towers total that features 170 condos and 150 hotel rooms spanning over the three towers.

The most unique thing about the Smart Brickell Tower, besides its futuristic design, the smart technology is so advanced that it will set the stage for all pre-construction towers going forward. Some of the smart features include Lifx Wi-Fi enabled LED smart bulbs, Samsung’s digital home appliances, concierge app, and Nest thermostats.

Tower 1 rises 26 stories featuring 50 condos with 1 to 2 bedroom floor plan options. Floor plans will range from 558 to 1117 square feet starting at $318,000. The first 7 floors will feature a boutique-style hotel managed by Habitat Hotels with floors 11-23 will be condos.

Units will be fully furnished and finished. Top-off was completed in May 2021. The exterior is still will be completed with stucco and prime paint has started on the south facade. Interior drywall and framing is 90% complete.

Tower 2 will feature 50 condos as well as 50 hotel rooms with one to two-bedroom floor plans. Units will also be fully furnished and finished and can be rented up to 50 times a year on a short-term basis like Airbnb. Completion for tower 2 is anticipated for 2022.

Construction on Tower 3 will begin soon and will feature 20 condos and 100+ hotel rooms. These units will also be fully finished and furnished.

On the ground level, the development will feature 12,000 square feet of commercial space with retail, a cafe, and a restaurant.

Building Features

• 25 Story tower designed by the well-known architect, Hernando Carrillo
• The building is Leed certified
• One assigned parking space per unit in secured parking garage plus valet parking services
• Electric car charging stations
• 24 Hour concierge and security services
• The café is on the ground level
• Stunning amenity deck located on the 8th floor with landscaped recreational area and expansive terrace
• Resort-style pools with lap area and sun deck
• In-water lounge chairs near a waterfall
• Spa and wellness center
• Fully-equipped business center on the 9th floor
• Chic and spacious event room on the 10th floor
• Sky fitness center located on the 24th floor
• Lounge bar located on the 25th floor
• Wi-Fi throughout the lobby and amenity deck

Residence Features

• Renowned design firm, Arquitectonica Interiors, designed the units that take full advantage of every square foot
• Each unit is equipped with smart, Wi-Fi enabled features to compliment the look and feel of the future of living including Nest thermostat, Lifx Wi-Fi enabled LED smart bulbs and Amazon echo/Alexa home and personal assistant
• City-view terraces with floor-to-ceiling sliding glass doors
• Every residence has the ease to always be in control from the comfort of their smartphone with the Concierge App
• The kitchen will be fully equipped with Bosch and Samsung appliances and contemporary cabinetry
• The penthouse is located on the 23rd floor and has 12-foot ceilings

You Could Have Your Own Regalia Penthouse for $25.5 Million

Located at the Regalia, this 15,000 square foot penthouse is an absolute dream and it could be yours for $25.5 million. In a time where luxury penthouses have been selling quickly and real estate records keep breaking, at this price point plus all of the features and amenities, this penthouse unit is a steal.

The location of the Regalia is unmatched, placing it centrally in Sunny Isles Beach with the ocean just steps from the luxury tower. Located at 19575 Collins Avenue #PH43, this unit has a bird’s eye view of the Atlantic Ocean and the Miami skyline. Featuring 6 bedrooms, 7 full baths, and 2 half baths, this full-floor unit is placed at the very top of the tower spreading over 3 floors.

Upon entering the luxury unit, you are greeted with soaring 20-foot ceilings, a custom rainfall chandelier, and floor-to-ceiling windows with endless ocean views. The Blanco Sevilla stone floors lead to the custom Poliform kitchen with Wolf and Sub-Zero appliances. The kitchen also features smoky quartz counters with Kreon lighting.

The floating staircase takes you to a separate floor where the expansive master is anything but ordinary. This suite is perfectly finished with remarkable ocean views from every corner and the grand bathroom with its Calacatta marble expanding over the floors and walls. According to the listing, there is over $1 million in imported Calacatta.

As you ascend from the pneumatic glass elevator to the private rooftop, an outdoor pool, summer kitchen, and custom bar awaits. The entire unit features Blanco Sevilla Stone and Nikzad flooring throughout, Kreon lighting, Crestron Smart home automation, and Lualdi Italian Interior doors.

This remarkable tower was designed by Bernardo Fort-Brescia of Arquitectonica and decorated by Charles Allem of CAD International, a world-renowned South African designer. The Regalia is the epitome of perfection and luxury. What’s so unique about this tower is the 39 full-floor residences. Each residence expands 5,515 square feet of living space with private elevator entries and 2,100 square feet of wrap-around terraces.

Regalia Amenities

• Smart Building
• Yoga/Meditation Room
• Oceanfront Jacuzzi
• 5-Star International Concierge Services
• Cold Plunge Pool
• Private Poolside Cabanas
• Finishes with the Finest Stone, Wood, Glass, and Wall Coverings
• State-of-the-Art Fitness Center
• Professionally Trained Spa Manager
• Private Poolside Cabanas
• Fountains, Privacy Landscaping, and 24-Hour Valet

This incredible listing is currently up for auction and will be sold to the highest bidder on December 16, 2021. If you or someone you know have an interest in purchasing at the Regalia, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

ARod Backed-Grand Station Apartment Tower is Complete and 80% Leased

Construction on Miami’s Grand Station Apartment tower has been completed. Alex Rodriguez and his partner Ricardo Vadio, owners of Rovr Development are the investors behind the $70 million construction project that was built on top of the existing Courthouse Center Garage.

Not only has ARod backed the construction of the project but his company Monument Real Estate Services is also the property Manager of Grand Station Apartments.

In early March 2020, partners for Grand Station obtained a $53 million loan from Saperian Capital to assist with the construction. Since Grand Station received their temporary certificate of occupancy in August, they have reached over 80% leased for the tower.

The tower located at 240 North Miami Avenue rises 30 stories and feature 300 units right in the heart of downtown. The development is a part of a public/private partnership with the Miami Parking Authority, which has assisted in adding an additional 350 spaces for the building totaling 1,200.

The tower features studio to 2 bedroom apartments with a monthly rent that ranges from $1,800 to $2,500. All units boast Italian kitchen cabinets, quartz counters, stainless steel appliances, and an in-unit washer and dryer.

The luxury tower amenities include an indoor pool, rooftop terrace with pool, outdoor kitchen, hot tubs, fitness center, and club room.

Zyscovich Architects and Anillo, Toledo, Lopez LLC are responsible for the design of Grand Station.

Rovr along with the Related Group and Airbnb are the masterminds behind the new development, The District located at 225 North Miami Avenue.