Construction Update for Namdar Towers in Downtown Miami
Namdar Towers are one step closer to breaking ground after receiving approval for a foundation permit on February 28. The permit will cover site and soil improvements, piles, and excavation with an estimated cost of $1.5 million. Permits that still require approval are for the tree and demolition permits.
In October, the Namdar Towers project was submitted to the UDRB. Miami’s Building Department is currently reviewing permits for development and demolition.
A 41-story structure with 680 units and a 43-story building with 714 units would make up the proposed Namdar Towers, which would have combined square footage of more than 1.2 million.
This project is planned in 2 phases, the 41-story tower will be part of phase 1 while the 43-story tower will be part of phase 2.
Development Information:
1,394 units
Pools
Fitness center
Bowling rooms
Golf simulators
Co-working space
7,984 sq. ft. of commercial space
336 parking spaces in a five-level garage
1,395 bicycle racks
The architect is identified as Behar Font with John Moriarty listed as the contractor.
According to its website, Namdar is a family-owned development company that was established in 1979. Ephraim Namdar, who has previously been named in media sources as the company’s founder and CEO, is in charge of running the LLC that bought the Miami property.
If you or someone you know have an interest in purchasing at Namdar, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Financing Secured for New Development in Coconut Grove-Residences in the Grove
Residences in the Grove, a 148-unit luxury condominium at 2835 Tigertail Avenue in Miami’s Coconut Grove area, has received a $43.2 million refinancing loan for construction.
The loan was financed through City National Bank of Florida and KS Finance Corporation. This loan will pay for site preparation and preliminary demolition in order to kick off the project.
The developers for the project include a joint venture with Terra Development and AB Asset Management. The five-story development, designed by Arquitectonica, will have a stunning design centered on a coral rock façade and sustainable features that will effortlessly mix in with Coconut Grove’s current landscape and tree canopy. Also, the building will include about 22,000 square feet of street-level retail space with a health theme.
Tower Amenities:
Gym
Pool
Social Lounge
174 residential units
22,070 square feet of commercial
344 parking spaces (all in the basement)
Residence Features:
Elegant kitchen
Spacious floor plans
10 ft. ceilings
Stainless steel kitchen appliances
Construction is scheduled to begin this year with a completion date in Q4 2023 or early 2025. If you or someone you know have an interest in purchasing at Residences in the Grove, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Avra Estiatorio Opens Second South Florida Location at Lofty Brickell
Avra Estiatorio, a Greek eatery with a Manhattan origin, will open a second location in South Florida at the newest residential tower, Lofty Brickell.
Restaurateurs Nick Tsoulos, Nick Pashalis, and Marc Packer, the partners behind the upscale brand, have secured a lease for the bottom level of Brickell’s Lofty condo complex by Newgard Development Group.
The 15,000 square foot, 15-year contract, which has the possibility to be extended, can seat up to 300 patrons and a 3,000 square foot outdoor seating space with views of the Miami River. The triple net asking rent was $150 per square foot.
Once Lofty Brickell is complete, Ava Estiatorio will open. Only 1,500 square feet of retail space remain at the Lofty property after the Avra lease.
The first Avra Estiatorio restaurant debuted in New York’s East 48th Street in 2000. Now, the restaurant has three locations: two in Manhattan and one each in Beverly Hills.
Onda Residences in Bay Harbor Islands Tops Off Construction
In Miami’s Bay Harbor Islands neighborhood, the 8-story Onda Residences has topped off on construction by Ugo Colombo’s CMC Group and Valerio Morabito’s Morabito Properties.
The building, called Onda meaning ‘Wave’ wascreated by Bernardo Fort-Brescia of Arquitectonica. Carlo and Paolo Colombo of A++ Human Sustainable Architecture built the interiors, and award-winning landscape architect Enzo Enea of Enea Garden Design created the rich landscaping. The development’s general contractor is Coastal Construction.
Onda Residences is located 1135 103rd Street, and are made up of 41 immaculately finished units with floorplans that range from two to four bedrooms including den ranging from 1,809 to 3,535 square feet. Up to 5,073 square feet are devoted to four penthouse houses, two of which have rooftop swimming pools. Pricing for the luxury units start at $5 million.
Residence Features
Office/den
Private and semi-private high-speed elevators
Floor-to-ceiling impact-resistant sliding glass doors and windows
Roomy tiled terraces with private gardens
Open floor plans with up to 9-foot grand ceiling heights
Fully equipped Snaidero kitchens with top-of-the-line Miele appliances
Bathrooms with Italian marble and wood cabinetry
Exquisite Italian flooring throughout
Energy-efficient air conditioning and heating
With more than 300 linear feet of bay frontage and panoramic views of Biscayne Bay and the Atlantic Ocean, Onda’s premium Bay Harbor Islands location is unrivaled. One of Onda’s most well-liked attractions is its private marina, which has 15 boat docks and is only accessible to homeowners. Together with immediate ocean access via Miami’s Haulover inlet, the property will also feature a water sports launch station with kayaks, paddle boards, and inflatables accessible for use.
Development Amenities
Rooftop pool deck and lounge area
State-of-the-art fitness facility with Technogym equipment
Yoga studio
Spa with massage treatment rooms
Changing areas
Steam bath and sauna rooms
Covered valet drop-off area
Personal parking spots
Electric vehicle charging stations
Bicycle storage
Home storage space
Cutting-edge security, and technology
Onda is estimated to be completed in Q4 of 2023 and 85% of its units have already been sold. If you or someone you know have an interest in purchasing at Onda Residences Bay Harbor Islands, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
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
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
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.
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.
New Renderings Released for The Wellness Club at The Village of Coral Cables
Recently released renderings of The Wellness Club at The Village at Coral Gables, will feature over 4,000 square feet of stunning amenities and features.
The Village at Coral Gables is situated at 535 Santander Avenue and spread across 17 lots, bounded by Malaga Avenue, Santander Avenue, Segovia Street, and Hernando Street.
The new images offer a sneak peek at a few of the excellent features that will honor the city’s legacy while providing for contemporary opulent conveniences. The large wellness clubhouse exudes a modern and tropical environment. It was created in the manner of the Mediterranean revival, and its color palette combines natural tones with lush green flora and subtle gold décor accents.
The exquisitely designed amenity spaces raise the bar for contemporary living in historic Coral Gables and were curated by MG Development in association with renowned architect De La Guardia Victoria Architects & Urbanists. Some amenities include like high-speed wi-fi and a large monitor screen to host virtual meetings and more. They also include a fitness wing, a luxurious plunge pool, a library, and a conference center.
The carefully chosen interiors draw inspiration from Seville, Spain’s visual appeal and way of life, MG Developer sought to carry on George Merrick’s legacy. The boutique 48-home private enclave will honor Merrick’s tradition and history in a timeless yet contemporary manner.
A full block of courtyards will be incorporated into The Village at Coral Gables, which will be surrounded by gardens with alcoves modeled after those in the Plaza de Espaa. Fifty percent of the site is anticipated to be covered with lush vegetation and hidden parking garages with decorative elements that go well with the Coral Gables neighborhood.
Townhomes, Lofts, Villas, and Flats are the four main groupings offered at The Village at Coral Gables. The style and size of the residences will vary, ranging from elegant flats with two bedrooms, a study, and a balcony to attractive townhomes with four bedrooms that are between 1,750 and 3,100 square feet in size.
Construction is expected to be completed by 2024.
National Developer PMG Announces West Eleventh Residences in Miami
In Miami’s Park West neighborhood, Property Markets Group unveiled plans for a condominium tower with short-term rental options.
West Eleventh Residences will offer short-term rental flexibility and a first-time opportunity for owners to enjoy fully centralized management with the ability to host guests 365 days a year on Airbnb.
At 18 N.W. 11th St., which is currently owned by Miami-based Block 17 Land Trust, West Eleventh Residences would rise 44 floors. For the project, PMG has joined forces with the Marc Roberts Cos. and the Miami-based Lion Development Group, directed by Michael Simkins. On the bottom floor, there would be a 30,000-square-foot entertainment facility and food hall in addition to 659 completely equipped condos.
Although Miami’s short-term condo rentals were just introduced a few years ago, they are now a significant part of the city’s most recent condo development boom. They give condo owners the option to occupy them themselves or rent them out for however many days are necessary, allowing them to potentially profit from higher daily rental rates.
The E11even Hotel & Residences, another condominium for short-term rentals, and the E11even Residences Beyond are being constructed by PMG, Simkins, and Roberts directly west of the West Eleventh Residences.
“The demand for short-term rental properties with on-site support for seamless hosting is high in South Florida, especially in downtown Miami,” said Ryan Shear, managing partner at PMG. “Not only will West Eleventh Residences offer flexible living options and luxury condo ownership for buyers, but it will also provide impeccable residences and superb amenities for Airbnb guests and owners to enjoy.”
Condos at West Eleventh Residences will range in size from 334 square feet for studios. The units would contain smart home technology for lighting, audio, video, and other features. Costs start at roughly $300,000. The real sales push will begin on February 20.
The project was designed by Sieger Suarez Architects.The structure would have a restaurant, a lounge, a fitness center, and a pool.
Simkins asserted that “our collaboration with PMG and Marc Roberts Cos. on West Eleventh Residences will once again underscore the area’s potential, solidifying Downtown Miami’s District 11 into a true live-work-play community for all.”
