The Related Group Plans for Demolition of Site for New Tower-Miami Station

In January 2021, the developer, the Related Group revealed plans for a proposed transit-oriented tower called Miami Station. Now, plans are rolling out to begin demolition and preparation for construction.

The pre-construction site located at 525-533 NW 2nd Ave in the Overtown district of Miami recently filed to begin demolishing the current parking garage that sits on the site. The remains of the parking garage is that of the Logik office tower that stopped mid-construction during the recession in 2008. The concrete shell of the garage has never been utilized.

A separate lot is adjacent to MiamiCentral Station and is also the former site of the Krystal Tower that was never completed. A separate lot next door with the once planned tower, Avery MiamiCentral will eventually be added to the Miami Station site plan.

Once construction begins, the proposed tower will rise 41 stories at 459 feet tall. The proposed plans would include 309 apartments, over 200,000 square feet of office space, over 8,000 square feet of retail, and 510 parking spaces.

Units will feature studio to 3 bedroom floor plans a well as a few penthouse units ranging from 460 to 1428 square feet of living space.

The office space will occupy the first 12 floors with 13-foot slab to slab heights. The residential units will occupy the higher floors with 10-foot slab to slab heights.

Development Information

• Developer: The Related Group
• Demolition Contractor: BG Group
• Architect: ODP
• Structural engineer: B+J Consulting Engineers
• MEP Engineer: Feller Engineering
• Landscape Architect: Dixie Landscape
• Exterior and Finishes: Facade +Envelope

Amenities

• 22nd-floor amenity deck
• rooftop pool
• Landscaped deck
• Dog park
• Several outdoor terraces

The date for the groundbreaking has not been set.

Miami Dade County Breaks More Records for Home Sales in September 2021

Home sale records continue to be crushed month over month for Miami-Dade, marking its best September sales in history and setting the bar for the most condos sold in a year’s time. The previous annual record was 17,142 in 2013, while the current condo sales have equaled 17,942 with only 3 months to go!

According to the Multiple Listing Service (MLS), homes sales for Miami Dade have risen 20.2% at 3,031 transactions. This is up from the 2,521 transactions that occurred in 2020. Simultaneously, we saw a dip in single-family home sales at 3.6% at 1,241. This may be due to the lack of single-family home inventory. Condo sales have exponentially increased at 45.2% at 1,790 for September.

According to the Miami Chairman of the Board Jennifer Wollmann, with international travel resuming in the United States in November, the expectation is that foreign home buying will grow in the coming months.

Miami is also on track to have its best year ever for single-family home sales. For September, single-family home sales have increased by 35.3% at 3,031 total transactions.

Miami condos sales have increased by 45.2% in September with major increases in pricing for properties over $250,000.

Luxury sales have also been in the records spotlight with a 31.4% increase with 209 sales for September. For properties $1 million and up, sales have increased 96.5% at 167 transactions. Currently, there is a 3.9 month of supply for luxury single-family homes and a 9.4 month supply for luxury condos.

Single-family home pricing falls between $400,000 to $600,000 increasing by 27.4% higher than September 2020. Condo sales also saw a heavy rise at 161.1% with sale prices between $400,000 to $600,000.

Inventory has decreased for both single-family homes as well as condominiums. Inventory single-family homes decreased by 42.1% since 2019. Condominiums have decreased from 68.8% since 2019 as well.

Single-family home median prices have increased by 11.5% from $435,000 to $485,000. Condo median prices have increased by 24.5% from $265,000 to $330,000

Miami-Dade cash sales are up by 62.2% and represent 37.3% of Miami’s closed sales in September. According to statistics from the National Association of Realtors, almost 23% of all United States home sales are cash. Cash sales count for 45.9% of Miami condo sales with 24.9% for single-family sales.

New Gin Focused Restaurant Opens in Coconut Grove

Botánico Gin and Cookhouse has officially opened its doors in Coconut Grove’s Cocowalk and it’s exactly what you think it is! Botánico is the first ‘gin-centric’ eatery offering the most extensive and unique gin-focused cocktails in Miami.

The co-owners, Ricardo Ordoñez and chef Gerardo De Negri are the brains behind the menu and unique concoctions. Ordoñez and De Negri have created such a unique dining experience focusing on modern American cuisine that highlights some Ecuadorian ceviche family recipes.

The gin menu includes 15 gin and tonic botanical variations infusing lavender, lemon, grape, crystallized ginger, and/or green apple. Whether you enjoy citrus, herbs, or fruits, flavors can be fully modified to appeal to any gin connoisseur. Not only does it have a well-versed gin menu but it also features a fully stocked bar with an extensive wine menu.

Botánico not only features the best gin drinks in Miami, but they also have an extensive wine program featuring over 2,000 bottles from around the world including; Mexico, Croatia, and Uruguay. The wine is stored in a state-of-the-art glass-enclosed and temperature-controlled cellar.

If the cocktail menu doesn’t appeal to you, then you will definitely be satisfied with the food options. The menu highlights octopus carpaccio, duck confit, short rib, and pulled pork. French-themed burgers, marinated shrimp, and their artisan cheese boards are the stars of the menu.

Botánico’s atmosphere is a relaxed sophistication with marble touches, porcelain tiles, and natural woods strategically placed throughout. The rainforest green marble bar wraps around the space creating the perfect ambiance. Two expansive patios with lush landscaping will create the perfect al fresco dining experience. The building itself located at 3015 Grand Avenue, Suite 123 is a 3,009 square foot space with 150 seating availability.

JSX Announces ‘Hop-On Jet Service’ Flights from Miami to Texas and New York

Miami welcomes JSX, a “hop on jet service” with crowd-free flights on private planes. With JSX’s announcement comes all the special privileges of a private jet without the hefty price tag.

Their East Coast routes will link Miami International Airport to New York and Texas with flights beginning November 18th. Fares from Miami to Westchester County, New York start at $749 one way, and Miami to Dallas start at $499 one way.

The best part of JSX flights is that they offer guests the ability to check-in for flights 20 minutes prior to departure between private terminals at Miami International Airport. Not only do they have a quick check-in, but there are also no crowds and 30-seat jets with business class legroom. JSX also offers two free checked bags, free snacks, and drinks.

According to the CEO of JSX, Alex Wilcox, “Since day one, our Customers have asked JSX to serve the East Coast and I am thrilled to say that our distinctive style of flying has finally arrived. It’s no secret that demand from New York and Dallas to Florida is at an all-time high, and we are delighted to bring our hop-on jet service to these vibrant markets ahead of the busy holiday season.”

JSX created this flight experience for anyone who values their time and wants a world-class experience, from business travelers, first-class fliers, to families looking for quick flights.

JSX is the first and only carrier that links Westchester County to Miami International Airport and the first “uber-like” plane carrier linking Dallas to Miami. Welcome to flying redesigned!

Curated by White Feather Management-Bar La Real Opens in Downtown Miami

Downtown Miami’s hottest new bar just opened and it’s nothing like you would expect. Bar La Real, located 100 NE 1st Avenue in the attic of a historic 1917 building.

Bar La Real will intertwine the historic concepts of the building with the old-school glamour all within a tropical setting, coining the term ‘Tropiglam.’ Just think Little Havana meets South Beach.

The creators, White Feather Management are behind this cool bar and are the same team behind Wynwood’s El Patio and Mayami Latin. The Art Director, Carols Perez Fleta states “At Bar La Real we walk the line between elegant and extravagant in everything that we do.”

White Feather Management is headquartered in Miami with 25 years of experience in curating entertainment and multi-sensory atmospheres. According to their website, White Feather is ‘united by art, sensibility, and creativity.’

Not only will you experience an elegant environment, but unexpected concoctions will have you coming back for seconds. The cocktail menu consists of caviar topped drinks and wasabi sake-infused cocktails. You can also enjoy the classics as well as enjoy a hookah experience.

CEO, Nicolas Hoyos also announced that there will be themed nights weekly, “Our mission has been the same from inception: to make Bar La Real a unique environment that can only be understood through having lived it.”

Official Groundbreaking Date Set for E11EVEN Hotel & Residences

The long-awaited date for E11EVEN Hotel & Residences groundbreaking is finally set and we can’t be more excited. On November 11, 2021, construction will begin on the 65-story tower located in the Park West District in Miami.

One of the developers, PMG, posted on their social media accounts the big news along with the tower being 98% sold. This is of no surprise as E11EVEN is considered one of the fastest-selling condominium projects in the last decade. In February when sales were first announced, the units were at 80% sold.

PMG also announced in early June that they were also accepting cryptocurrency for the units. We are unsure of the total number of units that were purchased with the digital currency.

Construction plans were officially submitted on Wednesday, October 13, 2021. The plans include the demolition permit for site clearing and those are now under review. There is currently no pending or submitted construction permit.

The demolition contractor is listed as John Moriarty & Associated. The developer includes Property Markets Group (PMG) and E11EVEN Partners. Sieger Suarez Architects is responsible for the tower design. Interiors will be curated by AvroKO Hospitality Group.

The residences are fully finished and fully furnished starting at $300,000 and the floor plans consist of studio to 2 bedrooms. There is also a limited Penthouse Collection and 2 Presidential Suites.

Building Features

• E11EVEN® app for concierge services and building amenities
• Common areas featuring museum-quality curated fine art and installations
• Limited Penthouse Collection and two Presidential Suites
• Views of the Miami skyline, Biscayne Bay and the Atlantic Ocean
• Club E11EVEN® Bar & Lounge
• 5-Star gourmet food hall
• Casino-Style Sports Lounge
• Chopra Spa & Studio mind & body experiences featuring a state-of-the-art fitness center, meditation, yoga, and customized treatment services
• 20,000 Square-foot, ultra-modern multi-level E11EVEN® Day Club and pool sits above 11 stories, overseeing the stunning Miami skyline
• E11EVEN’s® rooftop experience is a unique 24/11 poolside venue featuring its own signature dining experience
• E11EVEN® Beach Club
• Complimentary 24-hour valet

Residence Features

• 9’6 – 10’ floor-to-ceiling windows varies by floor with stunning Miami skyline and Biscayne Bay views
• Smart home technology experience. Includes integrated audio, video, and lighting systems
• Contemporary lighting package
• All residences include LED (or water-based) fireplace in every living room
• Fully built-out closets in the master bedrooms
• Washer and dryer
• French balconies in select residences
• Pre-wired for high-speed communications, multiple telephone lines, and cable
• All residences include a signature Home Essentials Package: silverware, glassware, linens, sheets, towels
• 11 Resident Membership Package featuring an exclusive beach club, day pool, and ultra club access
• Kitchens with custom countertops and backsplashes
• Imported and custom kitchen and bathroom cabinetry by Italkraft
• Subzero and Wolf appliance package includes microwave, dishwasher, convection oven, and refrigerator
• Waterworks bathroom fixtures, features & accessories
• Frameless glass-enclosed showers

If you or someone you know have an interest in purchasing one of the units at E11EVEN Hotel & Residences, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Aria Reserve has Sold 40% Since Launching Sales in June on the South Tower

The Melo Group has reached another milestone in their pre-construction project for Aria Reserve in Edgewater. Including their construction permit application that is currently in review, the waterfront twin-tower project has also sold 40% of its units well before the groundbreaking.

The permit application for this project will allow for the Melo Group to begin foundation work. The foundation plans were submitted in early September. The plans will also include piling work that was valued at $132,750.

Sales begin in late June for the 62-story Aria Reserve South Tower. Aria Reserve North Tower is anticipated to launch sales closer to construction. According to the Melo Group, over $40 million of all 12 penthouses have sold within 90 days.

Construction deposits include a 30% deposit for all U.S. buyers and a 40% deposit for all international buyers. According to the developer, more U.S. has purchased penthouses.

Aria Reserve will rise 62 stories tall reaching 627 feet, making it the tallest dual waterfront residential development in the United States. The project will feature two towers, each with 390 units and 1,608 parking spaces.

Residential units will begin at $750,000. Although sold out, the penthouses started at $12 million. Units will feature 1 to 4 bedroom floorplans with 1,100 to 2,600 square feet of options. The penthouses themselves range from 3,500 to 9,000 square feet with each of them featuring a 3-car garage.

Tower Amenities:

• 2-acre recreation deck
• Lap pool and spa
• Gaming center
• Playground
• Tennis courts
• Basketball courts
• Paddle courts
• Miniature golf course
• Wellness center
• Gym
• Meditation Garden

Residence Features

• Unobstructed views of Biscayne Bay and Ocean
• Finished residences with two flooring options
• All residences include 2 high-speed elevators
• All residences include an office/media room
• All residences are sunrise-sunset flow-through from East to West
• 3-month seasonal rentals allowed up to 4 times per year

Once permits have been approved for the Aria Reserve South Tower, construction should begin in the spring of 2022 with an anticipated completion date of 2024. If you or someone you know have an interest in purchasing at Aria Reserve, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

New Restaurant Opens at the Esmé Miami Beach

At the boutique Esmé Miami Beach hotel, a new bistro-style restaurant has opened. Replacing the former Latin Cafe 2000, located at 2501 Biscayne Blvd., Miami Beach, Mimi’s will serve breakfast, lunch, and dinner and will incorporate some of the most bizarre combinations yet tasty egg creations you will probably ever eat.

The former chef of Pao at the Faena House in Miami Beach, Benjamin Murray will be taking over as head chef at Mimi’s. According to Murray, “Miami has become a thriving foodie destination…and with Mimi’s relaxed-casual American classics will be the new spot.”

Mimi’s space was designed by CDK Design’s Cindy Kam, which includes an indoor and outdoor floorplan. The scene is set with a cafe bistro style mixed with industrial decor.

The egg creations include Osstera Caviar, which is considered the most prized and extensive caviar in the world. All of the food items will don some version of the Caviar. Benjamin Murray and Michael Kaplan, owners of Mimi’s, came up with the concept after their opening of Benh Mi, which is another restaurant that connects to the lobby of Esmé Miami Beach.

Breakfast and lunch will be self-service only and dinner, as well as happy hour, is full service. Fresh coffees and pastries are serviced daily at the bakery and a full breakfast menu is served until 8 am. The menu includes signature dishes like egg sandwiches, cured salmon on an everything bagel, burgers, and Binchotan-grilled steak and egg combos.

Signature Breakfast Menu

• FRIED CHICKEN & WAFFLES
  • Crispy hand-breaded chicken and two malted waffles with maple syrup.
• STEAK & EGGS
  • 28-day aged 10 oz. USDA Choice New York Strip. Housemade herb butter available upon request. Served with roasted potatoes and two eggs.
• FARMHOUSE BREAKFAST TACOS
  • Hickory-smoked bacon, sausage, scrambled eggs, roasted potatoes, cheddar cheese, jalapeño, tomato, onion and cilantro in flour tortillas. Served with salsa.
• BREAKFAST BURRITO
  • Flour tortilla stuffed with braised beef, melted jack and cheddar cheese, scrambled eggs, avocado, tomato, jalapeño, green onion and cilantro. Topped with spicy chipotle sauce and served with roasted potatoes.
• EGGS & BACON CROISSANT SANDWICH
  • Bacon, two fried eggs, sliced tomatoes, melted cheddar and mayonnaise on a flaky croissant. Served with sliced tomatoes.
• BROWN SUGAR OATMEAL
  • Rolled oats sprinkled with brown sugar and cranberries, served with milk.

Signature Entrees

• ROASTED HALF CHICKEN
  • Slow-roasted with housemade herb butter. Served with choice of two sides. (600 Cal)
• TUSCAN STYLE GRILLED CHICKEN
  • Grilled chicken, mashed potatoes, sautéed vegetables and artichoke hearts served in a savory sauce.
• SLOW-ROASTED TURKEY
  • Slow-roasted turkey with gravy, cornbread stuffing and orange-apple cranberry relish. Served with choice of two sides.
• CHICKEN POT PIE
  • Freshly baked with roasted chicken, peas, carrots, onions and potatoes folded into a creamy herb sauce. Topped with a flaky crust.
• FRENCH POT ROAST
  • Slowly braised and simmered with carrots, mushrooms and onions. Served on a bed of mashed potatoes.
• MIMI’S MEATLOAF
  • Our own traditional recipe topped with a red wine shallot sauce. Served with choice of two sides.
• RIBEYE STEAK
  • 28-day aged, 10 oz. USDA Choice ribeye steak. House-made herb butter available upon request, your choice blackened or grilled. Served with choice of two sides.
• POT ROAST DINNER
  • Slowly braised and simmered in red wine shallot gravy. Served with choice of two sides.
• NEW YORK STRIP STEAK
  • 10 oz. USDA Choice New York Strip dry-aged 28 days, blackened or grilled. Housemade herb butter available upon request. Served with choice of two sides.
• SWEET GLAZED SALMON
  • Grilled and topped with a sweet honey glaze. Served with sautéed vegetables and long grain rice. Blackened or grilled. Served with choice of two sides.
• BEER BATTERED FISH & CHIPS
  • Hand-battered cod fillets with french fries, coleslaw and tartar sauce.
• JAMBALAYA
  • Shrimp, chicken and andouille sausage, bell peppers and onions in a French Basque tomato sauce. Served over penne pasta or long grain rice, your choice.

57 Ocean Construction Complete and Condo Units are 100% Sold Out at $336 Million

Recently, we have seen a number of residential towers sell out prior to construction or during construction. Towers like Residences of Armani Casa and Aston Martin Residences have either sold out or are very close to selling out, so it is of no surprise to learn about 57 Ocean selling out, right as construction is complete.

The developer and Brazilian billionaire, Jose Isaac Peres’ recently sold out at 57 Ocean as well secured its temporary certificate of occupancy (TCO) for the tower. According to a managing partner, Marcelo Kingston, the sell-out includes a recent sale of a luxury penthouse for $36 million, originally listed at $38 million.

Sales previously launched in 2018 with price ranges from $1.5 million to $36 million. According to Kingston, closings will begin in October 2021. The tower sold out at $330 million.

According to the developer, about 60-70% of the buyers were domestic, and with the steady stream of sales, they were able to raise prices.

One of the lower penthouses that sold includes a $13.8 million unit purchased by Chuck Roberts, Stifel’s Managing Director of Investments.

57 Ocean located at 5775 Collins Avenue rises 18 stories and features 69 luxury condo units. Designed by Bernado For-Brescia of Arquitectonica and interiors by Patricia Anastassiadis.

57 Ocean Amenities

• World-class spa
• A state-of-the-art fitness center with a fully-stocked snack and juice bar
• Thermal suite with steam room, aromatherapy saunas, experience showers, and ice fountain
• Indoor and outdoor massage treatment suites
• Library
• Two expansive, infinity pools
• Poolside cabanas
• Poolside bar and lounge
• Sunset terrace with a spa pool, wet deck, and lounge area
• Meditation area
• Yoga and Pilates area
• Outdoor training area equipped with Myisle by Myequilibria
• Clubroom with chef’s kitchen
• Summer kitchen pavilion
• Children’s playroom
• Direct access to the beach and beach boardwalk

Services

• Full-service concierge
• 24-hour valet parking service
• 24-hour security
• Pool and beach attendants with food and beverage service
• On-call fitness trainers, spa treatment specialists, and private chefs

Residence Features

• Terraces, up to 12 feet deep
• Wood-like ceiling accents
• Glass balustrades
• Modern Poliform cabinetry
• State-of-the-art appliances
• Solid marble waterfall island
• Master bedrooms open to the terraces
• His and her closets
• Bathrooms lined in floor-to-ceiling stone
• Floating tubs
• Sliding glass doors and vanities by Poliform
• Soft hidden lighting

According to Kingston, the project was completed on time. The developer is currently working on another boutique condo in Miami Beach called Ocean Park, which is anticipated to be complete in the summer of 2022