Celebrate the New Year in Miami Style: A Guide to the Hottest Parties of 2023
As we bid farewell to 2023, Miami is gearing up to welcome 2024 with a grand celebration. Below are our favorite New Year’s Eve celebrations that will guarantee fun, entertainment, and a lifetime of memories.
A Star-Studded New Year’s Eve at Fontainebleau
Get ready for an unforgettable poolside bash at the Fontainebleau, headlined by none other than the sensational rapper Cardi B. Adding to the glamour, Offset, will set the stage on fire at the nightclub LIV.
Diverse Celebrations Across Miami
We Belong Here: Experience an electrifying celebration at the Alfred I. duPont Building featuring artists like Calussa, Kimonos, Nitefreak, and Night Tales.
Club Rudy’s and Rose Gold’s Takeover: Ian Asher headlines the party at the Kimpton Surfcomber Hotel, promising a night of unforgettable entertainment.
Notable New Year’s Celebrations
Gene On Earth: Usher in 2024 with a sleek musical performance.
Nicki Minaj at Y100’s Jingle Ball: Get ready for a night filled with glamour and excitement.
Magic City Hippies’ Homecoming Bash: Join the decade-long musical journey at this New Year’s Eve celebration.
A Diverse Array of New Year’s Eve Events
From 50 Cent’s performance at M2 to Afrojack’s electrifying set at Daer Nightclub, Miami offers a range of events catering to different tastes. Whether it’s the Arabian Nights theme at the Manor or the eclectic mix at Arlo Wynwood, there’s something for everyone.
Bayfront Park offers a family-friendly environment with free admission, while the Captain’s Ball at the Wharf Fort Lauderdale adds a touch of luxury to your celebrations.
No matter how you choose to ring in the new year, Miami promises a night filled with excitement, music, and unforgettable experiences.
Urban Network Capital Group & Vertical Developments Launch Visions at Brickell Station
In a significant stride for the Miami real estate market, Urban Network Capital Group (UNCG), in collaboration with Vertical Developments, has proudly announced securing a substantial $24.5 million construction loan from Rok Lending. This financial boost is earmarked for the exciting Visions at Brickell Station project, a wellness-focused condo-hotel poised to redefine luxury living in Miami’s vibrant Brickell neighborhood, with a planned 2025 completion.
Nestled at 1136 SW 3rd Ave., this impressive eight-story development will feature 111 elegantly designed, move-in-ready units. With prices starting at $500,000, these units offer a variety of floor plans, ranging from cozy studios to spacious one-bedrooms, each no more than 539 square feet in size. What sets Visions at Brickell Station apart is its commitment to wellness, with each residence and amenity space meticulously designed to promote a balanced, healthy lifestyle.
Owning a condo-hotel unit at Visions at Brickell Station isn’t just about luxury living; it’s an investment in one of the fastest-growing metropolitan areas in the world. Owners enjoy the dual benefits of having an exclusive retreat in Miami and the potential for income generation. When not in use by the owner, who can stay up to 30 nights per year, these units will be professionally managed, ensuring a high-end resort experience for all guests.
Robert Thorne, CEO of UNCG, highlights wellness as the project’s cornerstone. The innovative design caters to buyers seeking both luxury and functionality in the heart of Miami. From circadian lighting to vitamin C shower filters, every aspect of the condo-hotel is crafted to enhance wellbeing.
The property boasts extensive wellness amenities, including a tranquil spa, cutting-edge gym, and a rooftop pool. Additionally, it offers a restaurant, bar, and corporate meeting space, ensuring every need is met within this $45 million project.
UNCG and Vertical Developments aren’t stopping at Brickell. They’re also developing Visions Resort & Spa in Orlando. This $170 million project, minutes from Disney World, promises an eco-friendly community with diverse residential options. It’s another example of how these companies blend luxury with sustainable living.
Urban Network Capital Group, led by experienced developer Robert Thorne, specializes in eco-friendly communities in Florida and Texas. Vertical Developments, a joint venture with a $2 billion portfolio, brings high-value real estate opportunities, combining innovative investment strategies with a deep understanding of market cycles.
For investors seeking opportunities in high-growth areas like Miami and Orlando, Visions at Brickell Station and Visions Resort & Spa represent not just luxurious living spaces but smart, forward-thinking investments in some of the most dynamic real estate markets today.
3900 Alton Road Development Tops Off Construction
Mast Capital, together with its partner Rockpoint, has recently celebrated a significant achievement in their construction project at 3900 Alton Road. This new nine-story building in Miami Beach, a creation of renowned Arquitectonica with landscape design by Within Hults + Partners, introduces 178 upscale units to the market.
The project, managed by Kaufman Lynn Construction as the general contractor, was recently highlighted in a LinkedIn video marking its topping-off ceremony. JGR Construction, Inc. and US American Concrete are handling key structural and concrete aspects of the construction, with Coastal Metal and AKO Plumbing Corp contributing to the metalwork and plumbing, respectively. Additionally, two tower cranes from Morrow Equipment and formwork solutions from Doka USA are in place, while NV5, Inc. oversees construction materials testing.
Funded by a $64 million loan from PNC Bank in November 2022, the groundbreaking of this Miami Beach residential project set the stage for its anticipated completion. The first units are expected to be available by Fall 2024, in line with Mast Capital and Rockpoint’s aim to offer high-quality living spaces in a sought-after South Florida neighborhood.
Camilo Miguel Jr., CEO of Mast Capital, expressed his enthusiasm about the project, emphasizing its unique position in the Miami Beach real estate market, known for its limited availability of developable land. Unlike most new developments in the area that focus on properties for sale, this project targets the growing demand for luxury rental housing.
The building’s design features a blend of luxury and functionality, offering studio to three-bedroom apartments with high-end finishes like Italian cabinetry, porcelain flooring, and spacious balconies. The development also boasts amenities such as an elevated pool deck with bay views, BBQ and outdoor gaming areas, fitness and yoga studios, a resident lounge, co-working spaces, and a pet washing station.
Dan Domb, Managing Member at Rockpoint, also highlighted the importance of this development. He noted the strong demand for premium rentals in Miami Beach and the partnership’s strategy to invest in multifamily residences in the high-demand, limited-supply South Florida housing market.
Mast Capital’s significant role in Florida’s real estate scene is underscored by its diverse portfolio, which includes various residential and commercial properties across the region. The firm’s ambitious growth strategy involves acquisitions totaling over $3.5 billion in project capitalization and developing more than 4,000 residential units in South Florida’s Fort Myers and Tampa metro areas.
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.
Construction Update for Bentley Residences Sunny Isles Beach
A major development in the Bentley Residences Sunny Isles Beach project has been achieved. The project has secured a critical agreement for connecting to the county’s water and sewer utilities, as recorded on December 11. This progress is a significant indicator of the project’s forward momentum.
Bentley Residences is set to offer 216 high-end residential units, promising a blend of luxury and exclusivity. An attractive feature for investors is the minimal utility connection charge of only $47,376, significantly reduced due to a credit for 180 former hotel rooms on the site. This reflects a smart cost-saving approach in the project’s development.
Spearheaded by acclaimed developer Gil Dezer, the project is gearing up for a groundbreaking event which would mark the commencement of construction. The anticipated completion date is set for 2026, offering a strategic investment timeline.
As of November, the project is already 40% pre-sold, indicating a robust market response and high investor confidence. The sale rate of four to six contracts per month, highlights the strong and consistent interest in the project.
Bentley Residences’ strategic Sunny Isles Beach location, coupled with luxurious features and a strong pre-sale performance, positions it as a potentially lucrative investment with a promising return.
The Rise of Mandarin Oriental Towers in Miami’s Exclusive Brickell Key
The Mandarin Oriental Towers project in Miami’s prestigious Brickell Key represents a significant investment opportunity. Currently in the advanced stages of permitting, with applications already submitted to Miami’s Building Department, this development is progressing rapidly towards construction, ahead of its planned condo sales launch in early 2024.
This ambitious project, exempted from UDRB review as confirmed earlier this year, comprises two distinct towers. The first tower is an architectural marvel, soaring to 65 stories and housing 228 luxurious condominium units. Standing at an impressive 826 feet, the construction of this tower involves a hard construction cost of approximately $237 million, inclusive of $663,600 in initial permitting fees.
The second tower offers a diverse mix of residential and hospitality options. It includes five levels of parking, eight levels of high-end lodging with 121 rooms, four levels of a condo-hotel featuring 28 units, and ten floors dedicated to 66 condominium units. This tower entails a hard construction cost of around $226 million, with $632,800 required for upfront permitting fees.
Moss & Associates, renowned for their construction expertise, are the appointed contractors for both towers. The project is spearheaded by Hong Kong-based Swire Properties, a name synonymous with high-quality developments. Kohn Pedersen Fox, a globally acclaimed architectural firm, is responsible for the design of these towers.
For investors seeking to capitalize on a premium real estate opportunity, the Mandarin Oriental Towers in Miami present a compelling proposition. With its strategic location, distinguished design, and robust development plan, this project is poised to redefine luxury living in Miami.
Rosewood Hotel and Residences Reveals $150 Million Penthouse in South Beach
Rosewood Residences, a 17-story luxury condo tower in the heart of Miami’s South Beach, designed by renowned architect Peter Marino. This project includes a record-setting penthouse, poised to be Miami Beach’s most valuable property, with a valuation exceeding $150 million. Scheduled for completion in 2026, this asset represents a rare opportunity in one of the world’s most desirable real estate markets.
The development, a fusion of high-end hotel, restaurant, and residential spaces, spans three acres on 18th Street and Collins Avenue, incorporating the historic Raleigh Hotel. Managed by the prestigious Rosewood Hotels & Resorts, this project is designed to redefine luxury living, offering unparalleled amenities and exclusive experiences.
At $10 million for a three-bedroom residence, with larger and more exclusive units available, the condominium promises substantial returns. The project’s pricing strategy aligns with luxury real estate trends in major cities like New York. The unique location and high-end offerings of this development present a compelling value proposition for discerning investors.
In 2019, developer Michael Shvo, in partnership with Deutsche Finance Group, acquired and envisioned a transformative project for the iconic Raleigh Hotel and adjacent properties. Shvo’s vision, endorsed by Miami Beach’s mayor, combines historic preservation with modern luxury, creating a unique investment proposition.
Peter Marino’s design emphasizes simplicity, elegance, and unobstructed ocean views, offering a refreshing contrast to typical Miami architecture. The building’s design is a testament to innovation, with units featuring high ceilings and premium materials, curated for an elite clientele.
Managed by Rosewood, the Residences promise a lifestyle of unrivaled luxury. Residents will enjoy hotel-style services, including the US outpost of the famed Milanese restaurant Langosteria. This holistic approach to luxury living makes the Rosewood Residences a standout investment in Miami’s property market.
Michael Shvo’s commitment to creating an unmatched product in Florida’s luxury real estate landscape is evident.
Crafting Elegance Above the Clouds-Unveiling the 56-Story Edition Residences in Edgewater
A significant opportunity has emerged in the real estate sector with the recent submission of a construction permit application for the Edition Residences in Edgewater, a project poised for remarkable returns. This 56-story development represents a strategic investment opportunity.
On December 5th, a comprehensive vertical construction permit application was finalized, following an earlier submission in May which had expired. The latest submission outlines a plan for 187 high-end residential units, coupled with a 13-level parking facility and 3,500 square feet of prime office space.
The project’s scale is impressive, with total new construction covering 1,206,774 square feet. The estimated hard construction cost stands at a substantial $215,750,000, indicating the project’s premium nature and potential for high-value returns.
Coastal Construction, a reputable firm, is on board as the contractor, ensuring quality and reliability in execution. The architectural design of this 649-foot glass tower is being spearheaded by the renowned Arquitectonica, promising a blend of luxury and innovative design.
Moreover, the project is advancing with separate applications already in process for a total demolition permit of an existing older condo building on the site, as well as a seawall permit, paving the way for this new landmark development.
This project presents an exceptional investment opportunity, combining luxury, innovation, and strategic location, making it an ideal addition to any high-yield real estate investment portfolio.
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.
