About Last Night: One River Point Debuts Lavish Sales Center
KAR Properties has unveiled their lavish sales center for One River Point in the Miami Riverfront with an opulent Midsummer Night’s Dream themed soiree. The sales center has been in the works for some time, the sales of the project launched in October of 2015 and the reservations were converted to contracts in January of this year.
The developer reportedly spent $3.5 million on the buildout of the 4,500 square foot gallery located at 92 SW 3rd Street. It includes displays from One River Point’s European luxury brand partners, B&B Italia, Gaggenau, Arclinea and Flos, as well as a full display of the material palettes, technological features, and an integrative site plan within the riverfront park. Additionally, guests have a chance to further experience the works and background histories of One River Point’s design team of Rafael Viñoly, Adrian Zecha, Rémi Tessier, and Sasaki Associates.
The grand opening featured performances by the Miami City Ballet, a string quartet and a preview of the residences, which are priced at an average of $1,259/square foot according to the Downtown Development Authority.
Residences at One River Point will range from 1,000 to 12,000 square feet, including sky lofts and sky villas, set within One River Point’s piece de résistance, a three story floating sky bridge that connects the two towers on the top floors where the Sky Club will be located. A riverfront waterfall will greed visitors in the motorcourt.
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Mint at Riverfront Is Getting A New Lobby
Nine years after being built, Mint at Riverfront is getting a lobby face-lift. The project began on January 30, and includes new terrazzo flooring and accents. The work should be complete by the end of March.
After a rocky start in 2008 when Corus Bank (the bank that financed Mint’s construction) went out of business, Starwood Capital stepped in and completed the building. When they re-released the sales of the residences just in time for the market rebound in 2010, the building was a big success.
Since then, the building has remained a success. It is a popular choice for tenants and buyers alike, and has been very well kept. I imagine that the refreshed lobby will only enhance the value of the apartments there, once completed.
Units are trading in the high $300’s per square foot right now, and rental prices start at $1,950 for one bedrooms, $2,350 for two bedrooms, $3,600 for three bedrooms. There is also one three bedroom duplex penthouse on the market for $5,200/month.
Aston Martin Residences Begins Sales – Here Are The Plans, Details, Renderings And Prices
Almost two months after announcing his project, German Coto has opened sales at the ambitious and beautiful Aston Martin Residences in Downtown Miami. They have released the floor plans, pricing, floor layouts, amenities and a couple of new renderings.
Prices are slated to start at $500,000 and go up to $35 million for the penthouse. What do you think of the plans?
County Considering Network of ‘Water Buses’ Around Biscayne Bay
Photo via Flickr/Phillip Pessar.
In their wacky-tobackie dysfunctional ways, South Florida’s politicians are getting serious about looking for answers to our worsening traffic issues in Miami. The latest ideas being floated (floated!) are aquatic, per yesterday’s county commission meeting, when commissioners got a preview of their probe into possible water transportation solutions. As Miami Today reports, it’s an idea that people have yacked about for years, but finally the county is getting serious, with various types of water taxis, and even ‘water buses’ being considered. They are pouring over old water transport studies for ideas, and looking for possible locations for docks and connectivity to other transit, as well as ideal sized vessels, and whether the solution would be a city or county-run service.
Two Big New Miami River Projects Gearing Up to Launch Sales
Chetrit Group’s Miami Riverwalk.
The Chetrit Group and Coto family are preparing to launch residential sales for their respective projects not too far from each other on the Miami River. Real Deal heard from Chetrit’s attorney Melissa Tapanes Llahues that the ginormous megaproject, tentatively known as Miami River or Miami Riverwalk, will launch condo sales “in a couple of months.” Fortune International Group will be the brokerage. Tapanes Llahues also said a “very cool” hotel brand will soon be announced for the four-towered colossus.
Meanwhile, over on the $100 million acre, the three-level former Epic East sales center is not being demolished as everyone thought, just gutted and converted to a new sales center. The Coto family is spending a whopping $820,804 on the redo, creating what looks to be one hell of a showcase for the new tower from pictures over at The Next Miami. The future building doesn’t have an official name yet, but everyone has been informally calling it ‘Lighthouse Tower.’ Update: The tower being developed by the Coto Family has officially been named Aston Martin Residences. It will include 391 ultra-luxury condo residences.
Miami River Lighthouse
Miami Riverwalk
One River Point Rendering Crush
Typical Unit Interior
One River Point, the ultra-luxury residential and hotel project planned for the Miami River that has Hong Kong-level service and a boat valet, just released new renderings of unit interiors, showing off mighty deal balconies, vast great rooms, and views that seductively mix water and city. Other renderings, most of which are older but just as sexy, show the project’s twin towers connected by a gigantic bridge and private club floating in the sky, a huge waterfall, the main pool, and the exterior from various angles. Designed by starchitect Rafael Viñoly and developed by KAR Properties, One River Point is taking reservations at the moment. It’s also the fanciest place to hit the Miami River probably ever.
New Owner Reboots The Edge on Brickell as a Hotel
New rendering of The Edge on Brickell
The Edge on Brickell is back, sort of. The sliver of land at 55 SW Miami Avenue where a condo tower was proposed just a few years ago will now be the site of a hotel, developed by its new owner Brazilian Leo Macedo of the Brick Group. The developer told Miami Today “A hotel makes a lot more sense than residential on the river in this particular location,” close to transit, marine life, and the activity of lots of surrounding new developments.
Although the hotel has a new architect and a new (even taller!) design, Macedo is sticking with the name ‘The Edge on Brickell.’ The project will have 200 hotel rooms and more parking than the axed residential tower. Plans shown to the Miami River Commission on April 22nd show two ninth floor pool decks and a rooftop restaurant.
Week in Review: Brickell City Centre Reveals Climate Ribbon & Other News…
Week of December 6-12, 2015.
We survived the 13th Art Basel in Miami Beach, drawing record breaking crowds as well as record breaking rain. Despite weather and crowd-related delays and a bit of drama, the yearly art fair drew an estimated 77,000 visitors from around the world and the festival was a success. [NY Times]
Brickell City Centre put a pause on construction to host a beautiful party unveiling their $30 million climate ribbon. The ribbon is designed to filter the tradewinds from the Biscayne Bay into the development, cooling the shoppers and redirecting rain water to the landscaping. [Curbed Miami]
PMG gained approval to build a 1,049 ft tower at 300 Biscayne Boulevard. This would make the new tower even taller than the originally planned 93 story Empire World Towers that was previously proposed for the site. [The Next Miami] The original plan for Empire World Towers was abandoned after the original developers were sent to prison for tax evasion and fraud. [South Florida Business Journal]
Miami Riverfront land is one step closer to being a more usable & pedestrian friendly shopping/culinary destination. Riverside Wharf would have a fish market, restaurants and a public riverwalk. [Miami Today]
Speaking of the Miami River area, David Beckham finally found a spot for his new soccer stadium. The new & approved location is in Overtown, just bordering the Miami River District and close to highways, public transportation and Downtown Miami. The area has often been overlooked until now, we are excited to see the changes that the stadium will bring! [ESPN]
Moishe Mana has been busy in Downtown Miami. He closed on two more sites this week and now owns over 800,000 square feet of space in the area. We can’t wait to see his plans once he reaches his goal of acquisition in the area near Flagler Street in the historic area of Downtown Miami. [The Next Miami]
The Underline Reveals Plans for New Brickell Park
The green area under the Metrorail line in Brickell has historically been the dividing line between East Brickell and West Brickell, but will soon be a thriving park area reminiscent of Manhattan’s High Line. The co-designers of the famed park have unveiled a master plan for the green area under the rail line stretching from the Miami River all the way to Dadeland.
While the 10 mile master plan in its entirety is ambitious, it is also supported by local businesses, governments and locals alike, all of who have been searching for more park space for some time in our community. The initial $5 million government grant is proposed to build out the Brickell section as a demonstration project so that the success story can be taken back to the state Legislature for additional support. Previous requests for additional funding have been approved by the state Legislature but vetoed by Gov. Rick Scott.
The Brickell section of The Underline will feature a riverfront seating area, picnic areas, outdoor gym, shaded play area and a MUCH needed dog park. An area of naturally formed oolite will be incorporated into a play area with a rock climbing wall. Once completed, each stop of the Metrorail will boast different community friendly features to improve the nearby communities.
On Monday November 9, the Friends Of The Underline support group will host another presentation of the plan in its’ entirety. This will be the last opportunity that the public has to comment on the master plan before it goes to the Miami Dade County Commission for approval. Here is the information of this presentation for those who would like to attend: