Shakira is On the Move to Miami

Shakira Moves to Miami
Shakira Moves to Miami

Shakira has recently relocated to Miami with her children after leaving Barcelona, the hometown of her ex-boyfriend, Gerard Piqué.

The Colombian singer, who lived in Barcelona for eight years, explained in a farewell Instagram post that she was leaving following her breakup with Pique, 36, so she could begin “a new chapter.”

Shakira and Piqué first became acquainted while working on the music video for her song “Waka Waka (This Time for Africa),” which served as the FIFA World Cup 2010’s anthem. In March 2011, the pair announced their relationship for the first time. Last June, they made their breakup public.

Piqué, who was born in Barcelona, had a fruitful career with FC Barcelona, the illustrious team representing the city. Before the defender announced his retirement from the game in November 2022, his teams won eight La Liga championships and three Champions League trophies.

With the recent news of her departure, Shakira has been seen looking at homes across Miami and plans to spend up to $50 million for a mega-mansion.

Pictures of the glam pop diva and her brother visiting more than six potential properties in Florida’s wealthy neighborhoods were captured.

The 46-year-old is apparently renting a $15 million waterfront mansion while searching for a larger place to settle down with her kids Milan and Sasha, ages ten and eight.

Miami Beach’s Star Island is Now Ranked as the Nation’s Highest Priced Neighborhoods

Star Island in Miami Beach
Star Island in Miami Beach

Miami Beach’s exclusive Star Island has taken the top spot among the most expensive areas in the country, surpassing Port Royal in Naples, FL, Beverly Hill’s Gateway, and Trousdale Estates in Beverly Hills. In 2022, the price of the typical home sold on the island was $40.2 million, an increase of $16.7 million and 71% from 2019 when it was $23.5 million.

Ken Griffin, the founder of Citadel and a heavyweight in the hedge fund industry, has spent a total of $170 million over the past few years buying a collection of five houses on the island. Griffin made a big impression when he paid $75 million for a 1993 demolition on 1.8 acres at 8 Star Island Drive. At the time, the sale broke a record for Miami-Dade County single-family home sales, but Griffin is no stranger to shattering records.

Griffin also bought the nearby 10 Star Island for $25 million, 11 and 12 Star Island Drive for about $37 million, and 13 Star Island for $32.5 million in an off-market purchase. Also, he was the owner of 14 Star Island, which he acquired for $24 million in 2020 and reportedly traded for 13 Star Island for $18.5 million with former New York Yankee and real estate mogul Alex Rodriguez.

Griffin is not the only well-known investor who has bought and sold on the Island. Stuart Miller, the executive chairman of Lennar, paid $33 million for the old 4 and 5 Star Island Drive owned by Thomas Kramer, which marked the beginning of a protracted series of deals on the renowned island. With Todd Michael Glaser, Stuart Miller created an extravagant model home at 22 Star Island that was designed by DOMO Design and sold for $49.5 million in an off-market transaction managed by David Solomon and David Miller.

The owner of the NBA’s Memphis Grizzlies, Robert Pera, purchased the 1.9-acre property next door from Miller in 2019 for $25 million. A contentious 28,000 SF seaside home with a basketball complex is being built by Pera. Marc Iacovelli sold the historic Carl Fisher estate at 46 Star Island Drive to Roger and Sloan Barnett for $39 million on the other side of 22 Star Island. On the island, Shay Kostiner recently sold his vacant lot at 44 Star Island for $10 million, while Anthony Hsieh, the founder and CEO of LoanDepot, just paid $30 million to purchase 34 Star Island Rive.

Just over the MacArthur Causeway from Fisher Island’s entrance and Miami Beach’s South of Fifth district, the gated Star Island has long been one of Miami’s most sought-after neighborhoods. The Army Corps of Engineers constructed the island in 1922 as part of a dredging project, and Carl Fisher turned it into an island for the affluent and well-known. Celebrities and billionaires like Gloria and Emilio Estefan, Philip Frost, Sean ‘Diddy’ Combs, Alex Rodriguez, Stuart Miller, and Vladislav Doronin currently reside on the island.

Approval Pending for Construction on 10 Story Residential Tower in Miami Beach

An application has been submitted for design review approval to build a new 10-story mixed-use building at 6940 Abbott Avenue, the location of a former BellSouth office and parking lot that is no longer in use in the North Beach neighborhood of Miami Beach. The application was filed by 6940 North Beach LLC, a joint venture between entities controlled by Rainer Viete, Jose Boschetti, and Eduardo Otaola.

The 130-foot-tall structure will feature 134,573 square feet of space, including 96 multi-family units, 21 of which would be co-living units, 2,192 square feet of ground floor retail, and 90 parking spaces. It was designed by Arquitectonica with Biscayne Engineering serving as the land surveyor and civil engineer.

Unit floor plans include studio, one, and two bedrooms. The regular size units would be between 550 and 1,250 square feet, while studio units (co-living) will be between 403 and 437 square feet. A cafe, fitness facility, pickle-ball court, and a lap pool will all be on the rooftop.

The traffic engineer is David Plummer & Associates, while the landscape architect is Christopher Cawley Landscape Architecture.  The interior of the building will be thoroughly illuminated by natural light thanks to the use of grey glass windows and a glass railing. Mixing these materials will produce a striking, modern appearance that blends nicely with the nearby North Beach neighborhood. A stunning concrete frame with spherical motifs grouped in a bond-like pattern wraps around all elevations of the residential component of the building, emphasizing its distinctive form.

The development organization has also offered hurricane-proof impact windows, passive cooling systems, resilient planting, a study of the elevation of the property and the elevation of neighboring properties, and a recycling or salvage strategy for partial or complete deconstruction. To integrate the loading and parking driveways, they also ask for a waiver. The granting of this waiver will enable the project to be better designed while still adhering to the TC-C district’s development restrictions and without the requirement for variances. The project’s anticipated construction cost is approximately $14,692,224.

New Renderings Released for Shoma Bay in North Bay Village

Shoma Bay in North Bay Village

New images of Shoma Bay, a 24-story mixed-use development proposed for 1850 79th Street Causeway in the waterfront neighborhood of North Bay Village, have been released by Miami-based developer Shoma Group.

The tower will feature 333 residential units, a 35,037-square-foot Publix, and 6,325 square feet of retail space, which includes a rooftop lounge and Shoma Bazaar food hall. It was designed by MSA Architects with interiors by Adriana Hoyos. The pedestrian-friendly location is close to all main freeways, stores, and food options at 79th Street Causeway and East Treasure Drive.

Each floor plan in the 2.8-acre mixed-use development’s furnished studios to three-bedroom units, with sizes ranging from 344 square feet to 2,700 square feet, was created to enhance functionality and comfort.

With only a few changes that improve the building’s appearance, the new tower design, which combines traditional art-deco and modern architecture, indicates a modest departure from the original design. The building now has a more contemporary appearance.

Amenities:

  • Resident lounge and bar
  • Spa
  • Hammam
  • Golf Simulators
  • Fitness center with Technogym equipment
  • Pet spa
  • Kid’s club
  • 6,030 square foot pool deck
  • Panoramic views of Biscayne Bay
  • Pool
  • Cabanas
  • Summer kitchen
  • Library
  • 2,600 square foot cowering business room
  • Lounge with coffee bar
  • Gaming area
  • Movie area
  • Gated parking
  • Electric vehicle charging stations
  • Specialized bike room
  • Storage areas

The construction of Shoma Bay is anticipated to begin in the summer of 2023 with a completion date in 2025.

 

Exclusive: Tom Brady and Gisele Bündchen’s Indian Creek Waterfront Mansion Construction Update

Tom Brady and Gisele Bundchen

Tom Brady and Gisele Bundchen

 

After 13 years of marriage, Tom Brady and Gisele Bündchen announced on Oct. 28 2022 that they officially divorced putting a pause on construction of their 5,000+ square foot teardown located on Indian Creek.

 
 
 
 
 
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The Billionaire Bunker residence on Indian Creek Island was originally purchased by the couple in 2020, but their divorce was only finalized in late 2022. The estate, which sits atop a plot of land in the “world’s most exclusive municipality,” is arguably the most noteworthy of Tom Brady’s residences. It is one of just 34 properties with waterfront views of Biscayne Bay that are offered across 300 acres in South Florida’s Atlantic region.

The house was one of the nicest in the world, and Tom and Gisele were planning to live there forever with their kids, Benjamin Rein and Vivian Lake Brady. Although they are no longer together, the Tampa Bay Buccaneers quarterback has reportedly continued to develop and refurbish the property, according to The Daily Mail(opens in new tab).

Aerial images recently obtained by the British publication reveal that “production has advanced dramatically” since its initial inspection of the house in September 2022. To begin with, Tom and Gisele demolished a 5,772-square-foot house with the intention of building a contemporary, eco-friendly mansion on the property.

Gisele, a Goodwill Ambassador for the United Nations Environmental Program since 2009, knew she had to build an eco-friendly home.

Together with solar panels, an organic garden, a yoga deck, a cabana, and a sizable outdoor kitchen, the new estate will also contain these features.

Gisele Bündchen bought a lavish Florida home that is situated directly across the water from Tom’s mansion as he continues to develop. She also covertly paid $1.3 million for a cottage in Florida, which she began to remodel last year. Billionaires Bunker is close to her new residence (likely convenient for co-parenting with her former husband).

Ivanka Trump, Jared Kushner, and billionaire businessman Carl Icahn are some of the other noteworthy residents. Whenever building is finished, Tom Brady will live next to Icahn.

Why Choose Miami for Your Next Real Estate Venture?

Miami Real Estate News
Miami Real Estate News

The Miami real estate market is one of the most vibrant and dynamic in the country, with a wide range of properties available for buyers, sellers, and investors. Whether you’re looking for a luxurious waterfront mansion, a sleek and modern high-rise condominium, or a cozy single-family home, you’re sure to find something that fits your needs and budget in Miami.

One of the key factors driving the Miami real estate market is its location. The city is situated on the Atlantic coast of Florida, with easy access to beautiful beaches, world-class shopping and dining, and a wide range of recreational and cultural activities. This makes it a popular destination for both residents and visitors, which in turn helps to support a strong and stable real estate market.

Another important factor that contributes to the strength of the Miami real estate market is the city’s diverse and growing population. Miami is home to a large and diverse community of residents from all over the world, which helps to create a unique cultural scene. This diversity also makes Miami a popular destination for international buyers and investors, who are drawn to the city’s unique blend of cultures and styles.

Despite the ongoing global pandemic, the Miami real estate market has remained resilient and continues to thrive. In 2020, the prices for luxury real estate in Miami increased by around 20%, despite the economic downturn caused by the pandemic.

Miami is a fantastic place to buy, sell, or invest in real estate. With its location, growing population, and diverse range of properties, Miami offers something for everyone. Whether you’re looking for a primary residence, a vacation home, or a rental property, Miami is a great place to invest your money in real estate.

Tyler Herro of the Miami Heat has Purchased a $10.5 Million Mansion in Pinecrest

Tyler Herro Buys Pinecrest Mansion
Tyler Herro Buys Pinecrest Mansion

Miami Heat guard Tyler Herro just purchased a $10.5 million mansion in Pinecrest of Miami breaking a record for the highest home sold in the community.

The sale broke the Pinecrest record of $10.3 million set earlier this month by the sale of 6155 Southwest 106th Street.

Herro purchased the eight bedroom, eight and a half bathroom mansion located at Southwest 124th Street using a trust managed by Ronald Brown II, which was disclosed to belong to Herro.

Herro’s trust financed $7.4 million of the property from HSBC Bank.

The 9,500-square-foot home was built last year on a nearly 1-acre lot and was originally bought at $5.3 million for the property. According to the listing, the home has a gourmet kitchen, wine cellar, summer kitchen, cabana, pool, and media room. The original list price was at $11.9 million.

Herro recently agreed to terms with the Heat on a four-year, $120 million contract. After one year of college basketball at the University of Kentucky, the shooting guard was drafted by the franchise in 2019. Last season, he was named the NBA’s Sixth Man of the Year, an award given to the league’s best player who came off the bench as a substitute.

Pinecrest and the surrounding neighborhoods have been home to a number of Miami Heat players. A year after signing a four-year, $184 million contract extension with the Heat, all-star small forward Jimmy Butler paid $7.4 million for a home near South Miami in January. Butler sold his Pinecrest home for $7.1 million last year.

Former Miami Real Housewife Cristy Rice, the ex-wife of former Miami Heat player Glen Rice, paid $5.1 million for the home she shared with her ex-husband near Coral Gables and South Miami.

Further east on the ocean, Miami Heat President Pat Riley, dubbed “the Godfather” in the NBA, and his wife, Chris, sold their condo at the Four Seasons Residences at the Surf Club in Surfside for $22.8 million, or a South Florida record $5,775 per square foot.

Terra Group Releases Renderings for $1 Billion Development-Upland Park

Upland Park New Development
Upland Park New Development

Upland Park, a $1 billion transit-oriented development planned close to Dolphin Mall, has unveiled renderings. According to the developer, Upland Park is being specifically constructed for connection with the projected east-west transit link.

Upland Park’s urban planner is Plusurbia Design, while the project’s design architect is Arquitectonica with the developer listed as the Terra Group.

According to the developer, the community would have quick access to key employment hubs like the Health District, Downtown, Brickell, and Miami International Airport.

The actual project location is the Dolphin rapid transit station.

Once within the community, people will experience a master-planned neighborhood that is walkable and has resiliency elements as well as built-in traffic solutions.

In order to appeal to “all ages and audiences,” including elders and students, the community will also offer a range of home sizes and price points.

Project Description:

  • 1,700+ residences
  • 140,000 sq. ft. of retail space
  • 427,000 sq. ft. of commercial space
  • 126 room hotel
  • charter school

After the developer acquired a lease for the property on December 1 and secured a $35 million site work loan, site construction is anticipated to start in early 2023.

Arlo Hotel Now Open and it’s Wynwood’s Very First Hotel

Arlo Wynwood Hotel Now Open
Arlo Wynwood Hotel Now Open

Wynwood now has the newest hotel from independent, experience-driven hotel chain Arlo Hotels, which already operates hotels in Miami Beach and other parts of New York City. Arlo Wynwood, a new hotel in Miami’s most unique area, combines art and peace with nonstop entertainment.

The hotel is the first to open in Miami’s premier creative and cultural neighborhood, which is home to the most street art in the entire world. With guest rooms starting at $239 a night, the 9-story hotel, with 217 rooms will be a cultural hub for locals and tourists alike and offer intelligent travelers prime access to the best of the area.

The hotel’s signature restaurant, MaryGold’s, a “Florida brasserie,” was designed by the James Beard-nominated team of Brad Kilgore and Bar Lab and is located to your right as you enter.

The hotel was created by Meyer Davis, a highly esteemed company at the forefront of international, luxury commercial design. It embraces an eclectic industrial look where organic meets modern while drawing on the neighborhood’s bold and well-curated creative nature.

A flawlessly balanced tension between the natural and the artificial is achieved by contrasting warm, earthy materials with crisp, modern finishes and vibrant accents that create subtle richness through a delightfully welcoming palette. In keeping with the Arlo Hotels brand, the establishment’s sizable living room and lounge areas foster amicable interactions and creative connections among visitors, employees, and members of the neighborhood. The spaciousness of the main spaces reflects the friendly vibe that distinguishes Wynwood.

The property’s rooftop pool and bar, which are now only accessible to guests, are its main attractions. Huge red and white striped umbrellas and cabanas line the edge of the pool.

The airport is only roughly 15 minutes away from the hotel, and the Brightline station is even closer. Wynwood is Arlo’s fifth site; the other four are the Nautilus in Miami and three other hotels in New York City.

According to CEO of Quadrum Global of Arlo Hotels, Oleg Pavlov, “Wynwood is one of the most vibrant districts in Miami. We’ve been eager to develop a hotel in the neighborhood, and with an increasing number of tech-forward businesses moving their headquarters to Wynwood, we feel this is a great time. The year-over-year hotel occupancy in the broader downtown market has grown nearly 30%. We’re thrilled to debut Arlo Wynwood as the premier hotel in the neighborhood. The property will embody Wynwood’s renowned artistic flair and offer first-rate restaurants, bars, wellness programming, and entertainment for guests and locals alike.”

Groundbreaking Announced for Waldorf Astoria Residences Miami

Waldorf Astoria Hotel and Residences Miami
Waldorf Astoria Residences Miami

The Waldorf Astoria Residences Miami, which will be the highest residential structure south of New York City, is scheduled to break ground on October 27th, 2022.

The groundbreaking for the 100-story collection of 9 glass boxes in downtown Miami, is the result of an alliance between the New York and Miami-based developer PMG, the Toronto-based private equity firm Greybrook Realty Partners, and the international hospitality giant Hilton.

The 1,049-foot tower will rise at 300 Biscayne Boulevard, which will be located across from Bayfront Park at the northwest intersection of Biscayne Boulevard and Northeast Third Street.

360 individual homes will be included on the site, along with 205 bedrooms and suites in the five-star hotel.

The building will also contain 1,321 square feet of commercial and retail space, as well as parking for up to 694 cars and 350 bicycles.

The third cube, which is located towards the base of the tower, rotates in response to the pool deck, while the second cube, which is placed further to the east, forms an outdoor dining area for an expensive restaurant. The first cube rotates upward at street level to welcome locals and guests while supporting the entire tower.

Peacock Alley, a specialty restaurant, indoor/outdoor pre-function and event spaces, conference and boardrooms, a resort-style pool deck with private cabanas, a spa, and a fitness facility will all be considered signature areas.

Residences will feature the newest smart home technology with access to concierge services through a personalized mobile app. The app will have a comprehensive list of services, including the ability to make reservations for meals, 24-hour room service, spa and fitness services, house cars, access to valet service, package delivery, and dog walking.

Sales for the project began in March 2021 and sold 75% within the first 9 months. Now the project is sold out! The designer for the project is listed as BAMO.

The price of a residence begins at $1 million, and PMG Residential is in charge of sales and marketing.

Hilton Management Services will be in charge of running the Waldorf Astoria Residences Miami.

Demolition has already begun on the existing asphalt as well as field site borings being completed. Deep Soil Mix permit has been issued and work was started in July 2022.

The tower is expected to be finished in 2025.

If you or anyone you know has an interest in acquiring it, contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.