Gale Miami Hotel & Residences Achieves Major Milestones with TCO and Rapid Sales Momentum
The Gale Miami Hotel & Residences, a visionary project by hospitality entrepreneur Keith Menin and Marisa Galbut through their development firm Sixth Street Miami Partners LLC, has reached a significant milestone with the issuance of a temporary certificate of occupancy (TCO). This achievement, backed by GFO Investments, signifies a pivotal moment for the development, which has seen remarkable progress since its inception. Furthermore, Gale Miami has successfully surpassed 250 closings in less than 60 days, highlighting the strong demand for short-term rental properties in Downtown Miami.
Located at 601 Northeast First Avenue in Downtown Miami, Gale Miami Hotel & Residences opened its doors in May 2024. The 51-story development offers move-in-ready and fully furnished units, with studio, 1-, and 2-bedroom layouts ranging from 410 to 910 square feet. Prices for these luxury units start in the mid $500s and go up to over $1 million. Its prime location near Miami Worldcenter and within walking distance of Downtown Miami makes Gale Miami an attractive option for residents seeking the perfect blend of hotel amenities and the flexibility of home-sharing options.
Keith Menin expressed his enthusiasm about the TCO milestone, stating, “Receiving the TCO is a major milestone for us all. Our immediate focus is now on welcoming buyers into their new homes and ensuring they fully experience all that Gale Miami has to offer. The positive reception from buyers confirms Gale Miami’s appeal and exceeds expectations in the Downtown Miami market.”
Gale Miami Hotel & Residences, along with 601 Miami, boasts a sprawling 70,000-square-foot amenity space spread across three floors. Residents and guests can enjoy a state-of-the-art fitness facility, a tranquil yoga lounge, an inviting terrace, and spa facilities including a steam room, sauna, and hammam. The property features a 24-hour attended lobby with a comfortable lounge area and 24-hour valet parking. Culinary options are abundant, with three unique dining concepts: an Italian restaurant, an American steakhouse and lounge, and a Mediterranean-style eatery.
For business needs, the Gale Miami Conference Center, located on the 8th floor, offers over 20,000 square feet of flexible space, including multiple conference rooms, breakout areas, and a grand ballroom. Additionally, the property includes three dedicated floors of exhibition space, each spanning 40,000 square feet. As a premier conference venue in Downtown Miami, Gale Miami is a sought-after location for major events, from weddings to corporate functions. The center provides personalized concierge catering and services, ensuring every guest’s needs are met with meticulous attention to detail.
Designed by Arquitectonica, in collaboration with Urban Robot for interior design and landscape architecture, Gale Miami Hotel & Residences embodies a vibrant, walkable urban oasis in Downtown Miami. With breathtaking views of Biscayne Bay and the Miami skyline, the design seamlessly integrates urban sophistication with luxurious resort-style amenities, establishing a new benchmark for city living.
The announcement of Gale Miami’s TCO and rapid sales success coincides with the launch of their latest development, 14 ROC, in Downtown Miami on July 10. This new venture continues the trend of innovative, high-demand properties that cater to the evolving needs of Miami’s residents and visitors alike.
Billionaire Ken Griffin Moves Forward with $1 Billion Mixed-Use Tower in Miami’s Brickell Financial District
Ken Griffin, the billionaire founder and CEO of Citadel and owner of Citadel Securities, is pushing ahead with ambitious plans to develop a $1 billion-plus mixed-use tower in Miami’s vibrant Brickell Financial District. This significant development marks a new chapter for both Citadel and the rapidly evolving Miami skyline.
This week, Griffin’s attorney, Neisen Kasdin, submitted a pre-application for three prominent sites located at 1201 Brickell Bay Drive, 1221 Brickell Avenue, and 1250-1260 Brickell Bay Drive. These sites will collectively host the new headquarters for Citadel and Citadel Securities, reflecting Griffin’s commitment to establishing a substantial presence in Miami.
The proposed tower at 1201 Brickell Bay Drive will feature a mix of office spaces, a luxury hotel, retail outlets, food and beverage venues, and ample parking. This development will be constructed under Miami-Dade County’s rapid transit zoning regulations, a testament to the city’s forward-thinking urban planning. The sites fall within a Metromover subzone added in recent years, enhancing their accessibility and appeal.
In addition to the new tower, preliminary site plans suggest that residential units may be integrated into the existing office building at 1221 Brickell Bay Drive. This blend of commercial and residential spaces is designed to create a dynamic, multi-functional environment in the heart of Brickell.
Griffin has enlisted the expertise of Norman Foster’s renowned London-based architecture firm, Foster + Partners, to bring this vision to life. Philadelphia-based Gattuso Development Partners, led by office developer John Gattuso, is also collaborating on the project.
The Brickell assemblage, spanning approximately 4.2 acres, was acquired by companies linked to Griffin and Citadel for nearly $670 million in 2022. The most notable transaction was the $363 million purchase of the 2.5-acre bayfront lot at 1201 Brickell Bay Drive from the Hollo family’s Florida East Coast Realty. This deal set a record price for the development site.
While the project’s future height will be restricted by Federal Aviation Administration regulations, capping buildings in Miami at 1,049 feet, the development is poised to make a significant impact on the city’s skyline.
Citadel has been steadily expanding its footprint in Miami. Recently, it increased its space at 830 Brickell to a total of approximately 130,000 square feet. Additionally, Citadel and Citadel Securities maintain a presence at the Southeast Financial Center in downtown Miami.
Ken Griffin has also been investing heavily in South Florida’s residential real estate market. He owns several waterfront properties in Miami, Miami Beach, and Palm Beach. The Daytona Beach native’s relocation from Chicago to South Florida includes plans to sell some of his residential properties in Chicago, where he originally built his business empire.
Aston Martin Residences Miami Update
In less than three months, over 100 deeds have been recorded at Aston Martin Residences, showcasing the rapid pace at which these exclusive units are being claimed. The developer, G&G Business Developments, held a ribbon-cutting ceremony for the new building on April 30, celebrating the completion of this architectural marvel.
The Aston Martin Residences tower boasts a total of 391 luxury condos, each designed to offer an unparalleled living experience. With sleek, modern designs and top-of-the-line amenities, these residences are tailored for those seeking the ultimate in luxury and comfort. The demand for these units was evident long before the building’s completion, with the developer reporting that 99% of the units were sold prior to the official opening. This pre-sale success highlights the desirability and prestige associated with the Aston Martin brand.
Interestingly, more than 50 of the new residents also own an Aston Martin car, further emphasizing the connection between the lifestyle offered by the residences and the luxury automotive brand. This unique synergy between high-end real estate and luxury automobiles sets Aston Martin Residences apart in the Miami market.
The swift sales and high demand for units at Aston Martin Residences reflect a broader trend in Miami’s real estate market, where luxury developments continue to attract affluent buyers from around the world. As more residents move in and begin to enjoy their new homes, the Aston Martin Residences tower stands as a testament to the enduring appeal of luxury living in one of the world’s most dynamic cities.
Villa Residences Miami Selects Moss Construction in Waterfront Development
Moss Construction has been selected to oversee the construction of Villa Miami, a groundbreaking luxury waterfront development in Miami’s Edgewater neighborhood. Set to break ground in the summer of 2024, Villa Miami marks the first-ever collaboration between Major Food Group, David Martin’s Terra, and One Thousand Group. Situated at 710 NE 29 St., Villa Miami will stand as a 56-story, 650-foot-tall architectural marvel. Envisioned by ODP Architects under the leadership of rising star Kurt Dannwolf, its distinctive copper color-cladded exoskeletal design is set to make Villa Miami an iconic tower on Miami’s Edgewater skyline.
David Martin, CEO of Terra, expressed his enthusiasm, stating, “We’re thrilled to work with Moss Construction on another landmark project. Villa Miami meets the demand for a luxury condominium tower with full and half-floor vertical residences in a boutique environment. Terra has a proven history of enriching neighborhoods across South Florida and Villa will do the same for Edgewater.”
Ed Baro, Executive Vice President of Moss, echoed this excitement, saying, “Villa Miami is an elegantly stunning concept, and Moss is thrilled to be part of the Terra team once again. We eagerly anticipate the groundbreaking and the realization of this unparalleled residential experience which will change Miami’s skyline.”
The project’s interior design is led by Vicky Charles of Charles & Co., known for her work as the former design director at Soho House and for commissions for the likes of Sony Music, Goop, George and Amal Clooney, Ashton Kutcher and Mila Kunis, as well as David and Victoria Beckham. Renowned landscape architect Enzo Enea is at the forefront of Villa Miami’s green design, incorporating native plants seamlessly into the surrounding landscape.
Moss Construction, under the guidance of Brett Atkinson, brings its wealth of experience, particularly in luxury high-rise developments, having successfully collaborated with David Martin’s Terra on recent projects like the topped-out Five Park Miami Beach set to deliver this year. Global structural design firm DeSimone—whose more than 10,000 building designs include the most recognizable high-rises in New York and Miami—will engineer the impressive structure.
Villa Miami will offer 72 exclusive full and half-floor residences, epitomizing vertical estate-style living with 360-degree water views. Residents will enjoy a plethora of amenities including Major Domo estate manager service, a rooftop helipad, poolside service, spa and wellness facilities, access to a branded beach club, and a fully serviced elevated pool deck. Additionally, the tower will boast an on-site MFG restaurant with private lounge spaces, offering residents preferred reservations, provisioning, and access to at-home MFG chef services.
Exciting New Development in Overtown: One West Twelve Residences
The skyline of Overtown is set to change dramatically with the announcement of a new 22-story development: One West Twelve Residences. This ambitious project is the collaborative effort of PMG, Lion Development Group, and LNDMRK, with architectural design by Cube 3.
One West Twelve Residences promises to bring 372 residential units to the heart of Overtown. Each unit will be delivered finished and furnished, making it an attractive option for buyers looking for a move-in-ready home. Additionally, the development will allow short-term rentals, catering to both long-term residents and short-term visitors. This flexibility is expected to attract a diverse mix of inhabitants, contributing to the vibrant community atmosphere.
The development is a collaboration between three prominent entities in the real estate industry:
PMG (Property Markets Group): Known for their innovative approach and high-quality developments, PMG has a long history of successful projects that blend modern design with functionality.
Lion Development Group: With a reputation for creating impactful urban spaces, Lion Development Group brings a wealth of experience and a commitment to enhancing the living experience in the communities they serve.
LNDMRK: This firm is recognized for its forward-thinking projects that prioritize sustainability and community integration. Their involvement in One West Twelve Residences ensures a focus on eco-friendly practices and community-centric design.
The architectural firm Cube 3 has been tasked with bringing the vision of One West Twelve Residences to life. Known for their cutting-edge designs and attention to detail, Cube 3 is expected to deliver a building that not only enhances the Overtown skyline but also provides a comfortable and aesthetically pleasing living environment for its residents.
The introduction of One West Twelve Residences is more than just a new building; it represents a significant step in the ongoing revitalization of Overtown. The development is expected to boost the local economy, create new jobs, and attract new businesses to the area. It also aligns with the broader efforts to transform Overtown into a thriving, modern neighborhood that respects its historical roots while looking towards the future.
One West Twelve Residences is poised to become a landmark development in Overtown, offering modern, flexible living options in a vibrant community setting. With the combined expertise of PMG, Lion Development Group, LNDMRK, and Cube 3, this project is set to redefine urban living in Overtown, making it an exciting time for current and future residents of the area. Stay tuned for more updates as this project progresses!
1 Southside Park Brickell- Revised Plans Unveiled
The skyline of Brickell is set to receive a significant addition with the ongoing construction of the 1 Southside Park project. The developer behind this massive undertaking has recently submitted revised plans and renderings to the county, showcasing a range of adjustments aimed at enhancing the project’s functionality and aesthetic appeal.
1 Southside Park is a mixed-use development that promises to redefine urban living in Brickell. Among its many components is the residential segment known as Mercedes Benz Places, which is already making strides with a recent foundation pour marking the progress of its first phase.
The revised plans introduce several notable changes:
Increase in Open Space: The updated design incorporates more open space, providing residents and visitors with ample areas to enjoy outdoor activities and relaxation.
Increase in Lot Coverage: There is a slight increase in lot coverage by 6%, optimizing the use of available land.
Reduction in Residential Units: The number of residential units has been reduced by 185, bringing the total to 1,010 units, a 15% decrease.
Reduction in Office Space: The office area has been trimmed down by 11,930 square feet, resulting in a 7% decrease.
Increase in Commercial Space: Commercial space has seen a significant boost, with an addition of 26,129 square feet, representing a 23% increase.
Larger Fire Station: The project now includes a larger fire station to better serve the community.
Overall Reduction in Floor Area: The total floor area has been reduced by 43,453 square feet, making the design more efficient and streamlined.
The newly revised plans outline a structure that will rise to an impressive 61 stories, with a total of 64 levels and a roof height of 780 feet above sea level. Here are the detailed specifications:
Hotel Units: 200 units (no change in unit count, but a reduction in square footage)
Commercial Space: 142,129 square feet (+23%)
Office Space: 153,070 square feet (-7%)
Residential Units: 1,010 units (-15%)
Parking Spaces: 881 spaces (-12%)
Governmental Space: 38,582 square feet (+21%)
The ambitious 1 Southside Park project is being developed by JDS Development Group, a company known for its innovative approach and commitment to excellence. The architectural brilliance of the project is being spearheaded by ODP Architects, who serve as the architect of record.
Exciting New Residential Project Proposed in Miami: Gamla Health District
Miami is known for its dynamic skyline and ever-evolving urban landscape. Adding to this vibrant city’s growth, planners have recently received an application for a new residential project named Gamla Health District. This exciting new development promises to enhance the city’s residential offerings with a blend of modern design, convenient amenities, and strategic location.
The proposed Gamla Health District is a 20-story residential structure, poised to become a significant addition to Miami’s architectural scene. Here are some key details about the project:
Residential Units: The building will house 224 residential units. The majority of these units will be 1-bedroom apartments, complemented by a selection of studios and 2-bedroom units, catering to a diverse range of residents from young professionals to small families.
Amenities: The development plans include a leasing office, co-working spaces, and various other amenities designed to provide a comfortable and convenient living experience for its residents.
Parking: Addressing one of the critical needs in urban living, the project includes 257 parking spaces. These will be distributed across a 7-level garage, cleverly integrated into the design and mostly hidden by residential units, maintaining the aesthetic appeal of the structure.
Height: The tower is planned to reach a height of 232 feet above ground, making it a notable presence in the city’s skyline.
The entity behind this ambitious project is Gamla Cedron HD, LLC. This company has a vision of creating a residential space that not only meets the housing needs but also adds value to the community with thoughtfully designed amenities and facilities.
The architectural plans have been crafted by Behar Font, a name synonymous with innovative and sustainable urban design. Their expertise is expected to bring a fresh and contemporary touch to the Miami skyline with the Gamla Health District.
A crucial step in the approval process for the Gamla Health District is an upcoming hearing. The Urban Development Review Board of Miami is scheduled to review the application today. This hearing will be a significant milestone, as it will determine whether the project can proceed as planned.
Construction Update for 888 Brickell by Dolce&Gabbana
JDS Development Group just filed a dry run demolition permit at the highly anticipated Brickell site, where plans for the 90-story supertall condo hotel, 888 Brickell by Dolce&Gabbana. Although this is just a preliminary step, it marks significant progress in the development process.
The filed permit indicates there is currently no contractor attached to the project. However, a permit expediter has been listed as the contact, facilitating the process. Alongside this, there is also a separate permit pending to install a fence around the property, ensuring the site’s security and preparation for future construction activities.
Back in April, JDS Development Group completed the purchase of the property for an impressive $61.2 million. This acquisition has paved the way for a remarkable collaboration with renowned fashion house Dolce&Gabbana. Together, they plan to bring to life a 90-story condo hotel that promises to redefine luxury living in Miami.
Standing at a staggering 1,049 feet, this new building is set to become the tallest in Miami. Esteemed architect Studio Sofield is at the helm of this ambitious project, ensuring a design that combines elegance, innovation, and functionality. The tower will boast 250 rooms and suites, offering unparalleled views and world-class amenities.
The collaboration between JDS Development Group and Dolce&Gabbana, along with the architectural prowess of Studio Sofield, promises to create a new landmark in Miami’s skyline. This 90-story supertall condo hotel is not just a building; it’s a statement of luxury, sophistication, and modern living.
Miami’s Urban Development Review Board Set to Review 55-Story Tower Proposal in Edgewater
An application for the proposed 55-story tower at 419 Northeast 19th Street in the Edgewater neighborhood has been received by the Miami’s Urban Development Review Board. This project, which was initially filed in October 2023, has been scheduled for review on July 20, 2024, after undergoing several updates and modifications.
The development team for this ambitious project includes:
The property at 419 Northeast 19th Street is owned by a joint venture between SB Development, led by Joseph Stern, and Hazelton Capital Group, based in New York. The development team has formally requested the UDRB to consider their updated proposal at the upcoming meeting.
The project was previously reviewed in October 2023 but was withdrawn before a decision was made. Since then, notable updates include:
Reduction in the Podium Footprint: To lessen the overall mass and aesthetic impact.
Detailed and Articulated Façade: To screen the parking garage.
Green Wall Addition: On the north elevation to enhance interaction with neighboring properties.
Increased Parking Spaces: From 172 to 180.
Climbing Plants: Introduction on the north façade of the podium.
Water Fountain: A new water feature wrapping around the northeastern corner of the ground floor.
Relocation of Northeast Egress Path and Exit Door: To allow for a continuous water fountain around the corner.
The resubmitted plans, which were updated on June 5, 2024, feature a total floor area of 552,604 square feet, accommodating 463 residential units and 444 parking spaces. The units range from studios to four-bedroom apartments, varying in size from 403 to 2,223 square feet. Amenities will be located on the 9th and 10th floors, as well as the rooftop, including a sky lounge, private dining area, prep kitchen, and pool.
The architectural design aims to blend the new structure seamlessly with its surroundings. The tower features a sleek, modern profile with curvilinear lines that give it a distinctive and elegant appearance. The tower’s elevations are characterized by horizontal bands of glass and metal, creating a wave-like effect.
The podium has been designed to respond to the character of the block, which includes an existing residential tower to the north. It will feature climbing plants on the north façade, giving the appearance of a green wall facing the existing apartments. A water fountain wrapping around the façade on the northeastern corner of the ground floor will create an enhanced ground-level experience near the gateway to Margaret Pace Park, helping to create an inviting atmosphere. Additionally, a bronze-colored perforated metal screen wrapping the parking garage will screen internal elements from view and limit the aesthetic impact on the surrounding neighborhood.
The project’s art treatment includes a bronze-colored perforated metal screen that wraps around the parking podium and the ground-floor façade. This screen will be lit from the bottom of each panel to enhance the pedestrian experience. The curved metal in the art treatment will require regular maintenance to ensure its aesthetic quality.
The property, with a gross lot area of 14,277 square feet, is located within the T6-36B-L transect zone, allowing for a mix of residential and commercial uses. The project seeks seven waivers, including reductions in required setbacks, drive aisle width, and parking stall length. It also requests a 30% reduction in parking needed due to its location within the Transit Oriented Development area and the Urban Central Business District overlay. Additionally, waivers are requested to allow above-ground parking in the second layer and to eliminate pedestrian entrance spacing requirements.
The proposed 55-story tower at 419 Northeast 19th Street promises to be a significant addition to the Edgewater skyline. With its sleek design, enhanced ground-level experience, and extensive amenities, it aims to provide a modern and inviting living space for future residents. The UDRB’s upcoming review will be a critical step in determining the project’s future.
