Introducing Two Park Grove and Club Residences by OMA • Rem Koolhaas
photos by Robin Hill
Ahead of its upcoming Grand Opening Event for Two Park Grove and Club Residences, the developers of Park Grove have released new photos of the ultra-luxe development, showcasing its spectacular residences, views, amenities, and art. I’ve said it once and I’ll say it again, Park Grove has the makings to become Miami’s 2018 Development of the Year. In fact, it stands head and shoulders above ALL condo developments in Miami. When it comes to location, views, quality of finishes, and quality of amenities, Park Grove checks all the boxes. But don’t take my word for it
Park Grove – comprised of One Park Grove (Tower 1), Two Park Grove (Tower 2), and Club Residences (Tower 3) – was designed by Pritzker prize winner OMA/Rem Koolhaas and the world-famous Arquitectonica. While One Park Grove will not be completed until late next year, Two Park Grove and Club Residences were delivered earlier this year with residents already residing in both towers. Park Grove, a collaboration between development titans Terra Group and Related Group, exudes elegance in every sense of the word. The common areas were designed by Meyer Davis (which also designed the common areas at Jade Signature and 1 Hotel & Homes South Beach), kitchens and baths by William Sofield, and landscape architecture by Enzo Enea (whose notable works include the landscaping for Palazzo Del Sol and Oceana Bal Harbour).
Developer inventory still remains for One Park Grove and Two Park Grove, so if you’re in the market for Miami’s finest, I highly suggest that you consider the options. You won’t be disappointed!
photos by Robin Hill
Waldorf Astoria Hotel and Residences Coming to Downtown Miami
Property Markets Group, a large real estate development company in New York City and Miami, has cemented a deal to bring Miami its first Waldorf Astoria. The Waldorf Astoria Hotel and Residences Miami will be located in Downtown Miami at 300 Biscayne Boulevard, in a 1,049-foot skyscraper that Property Markets Group is planning to develop in the coming years.
Totaling 800,000 square feet, The Waldorf Astoria Hotel and Residences Miami will be a mixed-use development with 400 condo residences; a 140-key, 5-star hotel operated by Waldorf Astoria; and ground-floor retail. At 1,049 feet, the development would be Miami’s first supertall skyscraper. Currently, Miami’s tallest tower, Panorama Tower, stands at just 868 feet. Designed by Sieger Suarez Architects, the tower’s design resembles nine staggered, large glass cubes.
Property Markets Group is co-developing the project with Greybrook Realty Partners and S2 Development. Sales are expected to begin towards the end of 2019 with sell-out projected to top $1 billion.
A First Look at One Paraiso in Edgewater Miami
Three down, one to go! One Paraiso recently became the third of four towers in the Paraiso District to be completed by Related Group. Closings started at the beginning of last month. As of September 14th, when I toured One Paraiso with my photographer, the development had already closed well over 200 of its 279 total units. Gran Paraiso, which will be the fourth and final tower to be completed in the Paraiso District is expected to begin closings next month.
The common area spaces at One Paraiso, which were designed by famed interior designer Piero Lissoni, are impressive, to say the least. Known for his elegant and contemporary style, Lissoni uses minimalist design to create large, interconnected spaces using Earth tones to compliment and pull in the beautiful views from outside the building’s floor-to-ceiling glass windows. If there’s one reoccurring, consistent theme throughout One Paraiso, it is its VIEWS. As you will see in the photos below, from pretty much any common areas space in the building, you can see Biscayne Bay. Even the lobby at One Paraiso offers direct views of the water. And while that may not seem so unique or out of the ordinary, try to name at least two other condo developments in Miami that offer water views from its lobby (I can only name one other).
And when it comes to amenities, One Paraiso delivers in spades. The developer included a wide array of high-quality amenities, such as a ground-floor pool, poolside cabanas, and Jacuzzi; 10th-floor party room, business center, wine tasting salon, library, theater, and children’s playroom; 11th-floor fitness center and spa with plunge pool, saunas, steam rooms, and massage rooms; and sunset amenities deck with two additional pools, infinity-edge Jacuzzi, poolside cabanas, BBQ area, and tennis center with two lighted courts. (That’s a total of three pools to accommodate just 279 residences!!!) The tennis center, which was still a work in progress when I visited, is expected to be completed within the next month.
Each and every unit at One Paraiso offers a direct view of the water. The building’s 279 condo residences are comprised of one-, two-, and three-bedroom floor plans plus penthouses. The non-penthouse residences have 9-foot high ceilings while the penthouse residences have 10-foot high ceilings. The developer is completely sold out of inventory for One Paraiso, but a number of resales have hit the market in recent weeks. As of the writing, there are 23 units listed for sale ranging in price from $708 to $1,260 per square foot and 27 units listed for rent ranging in price from $2.41 to $4.24 per square foot.
Although no developer inventory remains for One Paraiso, there are a number of excellent options (including penthouses) that still remain at Gran Paraiso. Contact me for details!
Vizcayne Condominium Associations Awarded Settlement for Construction Defects
It appears that there is a light at the end of the tunnel for Vizcayne condominiums. According to Law.com, this past May, Vizcayne North Tower Association and Vizcayne Master Association were awarded $3,069,251 and $646,699, respectively. In November 2016, the aggrieved parties, citing a laundry list of construction defects, had filed a 184-page complaint against various construction companies. Over a year and a half after the initial filing date, and shortly before going to trial, the settlements were reached.
With the worst now behind Vizcayne, it will be interesting to see how quickly real estate prices improve for condos in the two towers. The litigation had been a big black cloud over the development, making it near-impossible to secure financing for condos there. With the cloud now lifted, lenders will likely be more open to providing financing for qualified buyers.
A First Look at Paraiso Bayviews Designed by Karim Rashid
Three weeks ago, I was given an exclusive tour of the recently completed Paraiso Bayviews by Related Group’s very own Carlos Rosso. Closings for the building started last month. According to Rosso, Related Group was able to close over 100 units in the first week alone…an outstanding start considering that Paraiso Bayviews has just 386 total units.
The interiors at Paraiso Bayviews were designed by prolific designer Karim Rashid. If the name sounds familiar, you may recognize it because he also designed the interiors at MyBrickell. Known for using bright shades of pink, yellow, orange, green, and purple, his designs are difficult to miss. From the lobby to the fitness center to the hallway wallpaper and everything in between, Rashid’s signature look is apparent throughout the building.
Paraiso Bayviews has 386 condo residences comprised of one-, two-, and three-bedroom floor plans plus penthouses. The building’s amenities include a rooftop terrace with pool, hot tub, and BBQ area along with a 5th-floor amenities level with sunset pool, tennis court, handball court, BBQ area, children’s playroom, billiard’s room, state-of-the-art fitness center, theater, spa, clubroom, valet, and full-service concierge. In addition, residents of Paraiso Bayviews have access to the Paraiso Beach Club. Of the four towers comprising Paraiso District (Paraiso Bay, Paraiso Bayviews, One Paraiso, and Gran Paraiso), Paraiso Bayviews is the only one that has a rooftop pool deck.
entrance to rooftop pool deck
rooftop pool deck[/caption]
views from rooftop pool deck
theater
theater
fitness center
fitness center
children’s playroom
sunset pool deck
spa
tennis court
handball court
clubroom
clubroom
clubroom
clubroom
mailroom
Given that Paraiso Bayviews is located behind the other three towers comprising Paraiso District, I was expecting the views from it to be terrible. However, to my delight, the views were quite good; you have views of the water in between the towers and there’s enough of a setback where you don’t feel like you’re living in a fishbowl.
At the time of this writing, there are 13 units listed for resale ranging in price from $530 to $852 per square foot and 38 units listed for rent ranging in price from $2.32 to $3.67 per square foot. Most of the units at Paraiso Bayviews come with carpeted floors, but I was told that a good percentage of the owners purchased the flooring upgrade (as seen in the photos below).
view from kitchen
Paraiso Bayviews kitchen
views from Paraiso Bayviews
Paraiso Bayviews bedroom
A First Look at Aria on the Bay in Miami’s Edgewater Neighborhood
Last week, the Miami Condo Investments Team was invited to tour Edgewater Miami‘s recently completed, 53-story condo tower Aria on the Bay. You may recall mention of Aria on the Bay from past articles of ours covering preconstruction purchases made by MLB star Giancarlo Stanton, who selected a 5-bedroom penthouse unit with rooftop pool and summer kitchen, and recording artist/music producer Timbaland, who purchased two East-facing 3-bedroom units for a combined indoor and outdoor total area of 6,000 square feet. Aria on the Bay was developed by The Melo Group and designed by Arquitectonica. Closings for the project began just a few weeks ago.
Aria on the Bay is located at 488 NE 18th Street. The location is no doubt one of the building’s most notable features, situated across the street from the 8-acre Margaret Pace Park, which provides public access to greenery, walking trails, a gated dog park, tennis courts, and outdoor fitness equipment. Such a wide-open grassy expanse is a rarity in greater downtown Miami, and most certainly is a highlight for dog owners and families. It also makes for nice Eastern views even on the lower floors of Aria, overlooking the park and then onward to Biscayne Bay.
I’m a girl who loves to make a dramatic entrance, so the Aria grand lobby and entryway staircase were some of my favorite design features in the building. Ascending the staircase, I was greeted by a beautiful chandelier, reminiscent of twinkling string lights attached to a nest of delicate tree branches. Upon joining the rest of the MCI Team, the upper-lobby 24-hour concierge pointed us in the direction of the elevators, which whisked us away to several floors of amenities. Nature was very clearly the central theme connecting all the common areas of the building, as we noticed an earthiness in both textures and hues, a grassy moss-like carpeting, and even chairs resembling open flower blossoms. The delicate tree-branch light fixtures were repeated in the great room and social areas, which were surprisingly spacious and bright. We walked the pool deck, which featured sunrise and sunset pools, a Jacuzzi, and sundeck, all with spectacular views of the marina and Venetian Causeway to the right, open bay to the left, and Miami Beach skyline in the distance.
Along with its expansive sun deck and lounge area, Aria on the Bay amenities include an enormous great room with social areas, pool table, and flatscreens, children’s pool, hot tub overlooking Biscayne Bay, state-of-the-art gym and yoga studio, outdoor fire pit, BBQ, private spa and treatment rooms, game room and library, theatre room, teen lounge, kids’ playroom, and business center.
The 648 residences at Aria on the Bay are comprised of one-, two, and three bedroom floor plans ranging in size from 777 to over 2,364 square feet of living space plus balcony. Approximately half of the units in the building feature private elevator access, and all units feature 9-foot ceilings, water and city views, Italkraft kitchens and bathrooms, and Bosch appliances. We were amazed to see that some units have 11-foot deep balconies!
As for remaining inventory, the building is 90 percent sold, leaving 50 developer units still available. One-bedroom condo pricing starts at $437,900. Two-bedroom condos start at $590,900 (including a penthouse for $891,900), and three-bedroom condos start at $689,900. My personal favorite floor plan was the Model A 3-bedroom + den / 4 bath unit on the southeast corner, featuring private elevator entrance, 2,365 square feet of interior, and 516-610 square feet of balcony, of which there are only 3 options remaining: Unit 1512 asking $1,591,900, Unit 2312 asking $1,631,900, and Unit 3012 asking $1,667,900. All units come finished with 32-inch porcelain tile floors. Along with offering surprisingly affordable prices for brand new construction in greater downtown Miami, Aria on the Bay is also a Fannie Mae approved building, meaning that well-qualified buyers can obtain financing with as little as 5% down up to $453,000.
For more information on available units at Aria on the Bay for sale or for rent, contact [email protected] or 305-428-3860.
UNA Residences: A Short Film w/ Architects Adrian Smith + Gordon Gill and Developer Vladislav Doronin
Get your popcorn ready! The developer of UNA Residences, OKO Group, has released a short film starring architects Adrian Smith and Gordon Gill along with Chairman and CEO of OKO Group, Vladislav Doronin. The duo architects share their inspiration for the building’s design while Doronin describes the amenities and lifestyle that future residents of UNA will get to enjoy, from its bayfront pool and marina to its world-class spa…and everything in between.
The developer of One Thousand Museum has released a series of drone videos, each taken from the building’s rooftop helipad. The videos tease the jaw-dropping views future residents of 1000 Museum will enjoy as their chopper arrives and departs from the 62-story tower.
Once completed, One Thousand Museum will boast the ONLY residential helipad on the East Coast. The ultra-luxury development will include an on-site travel concierge service from which residents will be able to reserve the helipad and book transport to and from a number of destinations such as the Miami International Airport, nearby Islands, and more. Good riddance to Miami traffic!
One Thousand Museum was designed by legendary architect Zaha Hadid, whose untimely death two years ago caught us all by surprise. With an architectural marvel like 1000 Museum gracing our Miami skyline, the heavens will be left wondering if the “H” atop the building was left to denote “helipad” or Hadid’s last mark on our city.
Brickell Flatiron Construction Update (Video)
Brickell Flatiron is really getting up there these days! As of today, construction of the 64-story, ultra-luxury tower has reached the 42nd floor. To put that height into perspective, the height of Brickell Flatiron has now eclipsed that of nearby 1100 Millecento. The video below was taken last month and construction of Brickell Flatiron has been moving at a pace of one floor per week.
The developer still has a number of great options still remaining, so if you’re interested in purchasing a condo at Brickell Flatiron, you shouldn’t feel like you’ve missed the boat. Brickell Flatiron is scheduled to be completed by the end of 2019, which I believe will be a brilliant time to deliver a development of this magnitude. I’m predicting that the next upswing for the Miami luxury condo market will begin in October of next year. Brickell Flatiron’s construction crane is the last crane remaining from Brickell’s recent construction cycle.
I took the photo below of Brickell Flatiron on May 22nd from the rooftop of 1100 Millecento.
Icon Brickell Pool Delays Continue (Now they’re saying August)
When will the Icon Brickell pool reopen? At this point, your guess is as good as mine.
Well, December 15th came and went, and the pool remained a construction zone.
In early February 2018, the Icon Brickell Master Association Board of Directors sent a new notice to residents to update them about the large delay to reopen the pool, blaming the delay on “the hurricane and unforeseen construction items”. They also provided a new anticipated opening date of April 1, 2018, barring any significant delays due to weather.
Well, here we are in June. Once again, the reopening date came and went and still no finished pool deck. Earlier today, an agent on the Miami Condo Investments showed a few units at Icon Brickell and was able to snap a few shots of the pool deck along with a short video clip. By the looks of it, there’s quite a ways to go until one can expect the Icon Brickell pool to reopen.
I had been hearing rumblings that the anticipated reopening date had been pushed back to July or August; however, an owner at Icon Brickell notified me today that he has received word from management that the pool isn’t anticipated to reopen until August. I guess we shall see!
If you ask me, they’re planting them Christmas trees around the pool in anticipation of a December 2018 reopening…LOL!