New developments are popping up everywhere throughout Miami but one of the most opulent new construction towers in Miami Beach stands out from the crowd with the unveiling of its new penthouse at The Perigon.
Penthouse West is a $37 million residence situated over two levels and is the first penthouse to be unveiled at the new condominium project. Four bedrooms, five bathrooms, and expansive living areas are housed in 5,685 square feet of inside space, while an outside sanctuary is made up of an additional 6,487 square feet. The residence, positioned atop the contemporary 17-story tower, also offers magnificent views of the beach, the Atlantic Ocean, and the developing Miami cityscape.
Designer Tara Bernerd, renowned for her ultra-luxury work on single-family houses, yachts, and condo buildings, created the interiors of the building, including the penthouse. She used organic fabrics that go well with the stone, wood, and glass components as well as high-end finishes throughout the entire building.
The 22-foot ceilings in the double-height great room, one of the home’s many remarkable design features and amenities, steal the show. This space, which leads to a wraparound terrace, serves as the residence’s focal point. Here, Bernerd employed materials including Italian walnut, European white oak, and honed white marble with a subdued color scheme. With its high-end highlights and designer touches for occupants who are decor-conscious, the light-filled penthouse has the air of a five-star resort. Additionally, each room has a private terrace area and an en suite bathroom with a luxurious soaking tub.
Penthouse West is known for its indoor-outdoor lifestyle, and in addition to the various outside terraces, there is also a private, manicured rooftop. The landscapes featured in the facilities of the property and the garden in the penthouse were both designed by Gustafson Porter + Bowman, the same company in charge of the landscaping around the Eiffel Tower. The house also boasts a sundeck, a sunken 30-foot infinity pool, a full outdoor summer kitchen, and outdoor dining.
More than 20,000 square feet of amenity space are available to residents of The Perigon, including a breakfast and sunset lounge, a residents-only private restaurant, and a speakeasy run by chef Shaun Hergatt, a veteran of Michelin-starred establishments. Additionally, there is a cabana-equipped oceanfront pool, a terraced fitness center, a private salon, a screening room, a kids’ play area, and a pool room.
Elite Villa Collection Launched in Bay Harbor Islands-La Maré
La Maré, an elite collection of two light-filled modern contemporary boutique condo towers, have launched in Bay Harbor Islands by Chicago-based Regency Development Group. Kobi Karp, a renowned international architect, created the vertically stacked tropical luxury villas with Debora Aguiar Arquietetos, a Brazilian designer best known for creating the interiors of 1 Hotel South Beach among other projects, is in charge of the exterior design.
La Maré is the first venture for Regency Development Group in the South Florida region. The construction is anticipated to begin later this year and be finished in 2025. The price of the villas will be between $1.375 million and $8 million.
Thirty-three units can be found in the eight-story Regency Collection glass-clad contemporary boutique building. Nine to ten foot floor-to-ceiling windows open out to large wraparound outdoor living spaces. The homes units will feature direct private elevator access with 1,600 to 4,000 square feet of living space, two to four bedrooms, and two to four and a half bathrooms.
The north and south corners of the second floor are adorned by two opulent 4,200 square foot Bay Villas, each with a spiral staircase leading to a ground deck with a private pool and a summer kitchen. Two of the building’s four penthouses, which have access to their own private rooftop pools and summer kitchens, are flow-through corner residences.
Nine units in an eight-story structure from the Signature Collection will be meticulously created for families with seclusion at the forefront and will range in size from 2,100 to more than 4,200 square feet.
The Signature and Regency Collections will feature bayfront verandas and outdoor spaces with landscaping, boat slips, lounge areas, and a resort-style rooftop pool deck with a pool, jacuzzi, and lounge chairs.
Low impact, all-glass buildings that are LEED certified and blend in with Bay Harbor’s community will be built on elevated piles to allow them to be independent of high and low tides and adapt to South Florida’s constantly changing weather.
A modern fitness center, a wine cellar, and an outdoor kitchen and bar lounge are just a few of the exclusive Signature Collection building features. The price range for these villas will start at $2.875 million to $6.3 million. Later this year, construction is slated to begin, and it will likely be finished by the end of 2024.
Nexo Residences in North Miami Beach Completion Date Set for 2025
Nexo Residences North Miami Beach will rise 15 stories tall and feature 254 units. With construction continuing for the project, the completion date was officially announced for 2025.
Nexo Residences is located at 13899 Biscayne Boulevard, North Miami Beach, Florida, 33181. The developers for this project include Blue Road and Fortune International Group. The landscape architect for Nexo Residences is Urban Root, and the building was designed by Frankel Benayoun Architects Inc. Homes range from $500k to $2.2 million.
Floor plans will range from 531 to 2,092 square fee with studio to four bedrooms layout options.
Residence Features:
Fully furnished and finished
Floor-to-ceiling windows
Porcelain flooring
Built-in bedroom closets
Dedicated lockable owners’ closets
Expansive balconies with glass railings
European style kitchens
Quartz counters
Matte black fixtures
Smart key access
Self-service package system
10 to 15 foot ceilings
Amenities
Lounge
Tech hub with a café and coworking space
Playground
Clubroom
Fitness center with a yoga studio and virtual trainer
Rooftop observatory deck
Pool deck
Private event area
Movie theater
Summer kitchens
Fire-pit lounges
Hammock lounge
If you or someone you know have an interest in purchasing at Nexo Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Construction for Alana Bay Harbor Islands Set to Top Off in 2024
A multi-million dollar residential development called Alana Bay Harbor Islands is planned to top-off and complete construction in 2024.
Alana Bay Harbor Islands is sited at 9901 W Bay Harbor Drive, Bay Harbor Islands, Florida 33154. The developer was required to demolish a low-rise apartment prior to development.
There will be 30 units in the seven-story residential tower, with one- to three-bedroom floor plans. Homes range in size from 1,229 square feet to 1,662 square feet. Units will start at $761,000.
A fitness center, kids’ play area, residents’ gathering room, and rooftop sanctuary are among the communal features. A pool with an infinite view is also present. Alta Developers is listed as both the developer and the general contractor.
The architect is Revuelta Architecture International. In its conceptual representations, a posh mid-rise structure with an art deco exterior made of glass is seen. In addition, the project has David J. Odishoo-designed lush gardens and high-speed wi-fi throughout all of the common areas.
Interior designer Bea Interior Design is responsible. The project was created using soft natural materials, custom millwork, and finishes that express a one-of-a-kind perspective on island life.
Developers for E11EVEN Residences Beyond Announces Exclusive Social Club with Chicago Roots
In Miami’s renowned Park West Neighborhood, the ultra-luxury, dual-tower E11EVEN Residences Beyond will house The Clayton, an exclusive private social club with Chicago roots. The upscale social club from Chicago will take up 10,000 square feet on the second floor of the tower, which is being built at 90 Northeast 11th Street and being developed by PMG and E11EVEN Partners.
With facilities in Chicago and Washington, D.C., and a reputation for being both reassuringly elite and welcoming, The Clayton focuses on giving its members and visitors an ultra-premium experience and exceptional memories. In addition to exclusive meeting rooms and cigar hideaways, the club itself will have beverage and dining experiences. The club will be located at E11EVEN Residences Beyond on the second floor of the structure.
According to the Managing Partner at PMG, Ryan Shear, “E11EVEN Residences Beyond is a catalyst for growth and new energy in District 11. The Clayton perfectly aligns with the vibe and exclusivity of E11EVEN Residences Beyond and will offer the residents a unique experience. We are thrilled to curate first-time experiences in Miami by partnering with world-class tenants and partners.”
The first tower, E11EVEN Hotel & Residences Miami will feature 449 turnkey residences and hotel rooms, while E11EVEN Residences Beyond, the second tower, has 558 ultra-exclusive condominiums. Both residences have a presidential collection and penthouse suites in addition to floorplans that range from studios to two bedrooms. Each unit has fully integrated “smart building” technologies, Subzero and Wolf kitchen appliances, ITALKRAFT Italian-made handmade cabinets, premium finishes, and designer-selected furniture. Internationally renowned Sieger Suarez Architects will create the buildings’ towering 65 stories, while award-winning design firm AvroKO will create their interiors.
A multi-level 20,000 square foot day club, a world-class wellness center designed by Chopra Spa & Studio, an 8,000 square foot sports lounge in the style of a casino, a members-only rooftop experience, a world-class med spa, and five-star dining options are just a few of the amenities offered by the E11EVEN Hotel & Residences. Buyers at E11EVEN Residences Beyond will have exclusive access to their own variety of private facilities in addition to the first tower’s amenities to create an ultra-exclusive, buyers-only experience. These consist of a helipad, a sundeck with a pool and private lounge spaces that seems like a resort, a modern fitness facility, and executive office suites with employees on hand.
EDITION Residences Sales Center Officially Debuts
The $10 million state-of-the-art sales gallery for EDITION Residences Edgewater, the world hotel brand’s first standalone collection of fully serviced luxury condominium homes, has been unveiled by Two Road Development following the opening of sales late last year. Future homeowners will be able to immerse themselves in the EDITION-branded quality of design, lifestyle, services, and facilities that the project will bring to Miami’s Edgewater area.
At 2121 North Bayshore Drive, in the center of Edgewater, one of Miami’s most exclusive areas for luxury, waterfront high-rise living, you’ll find EDITION Residences, Miami Edgewater. With 185 custom units displayed in a sleek glass skyscraper created by visionary architect Bernardo Fort-Brescia, founder of Arquitectonica, and celebrated interiors by Studio Munge headed by Alessandro Munge, the 55-story structure will have more than 800 linear feet of bay frontage.
The EDITION Residences, Miami Edgewater are expected to be completed in 36 months, with construction set to start in the summer of 2023. More than $160 million in reservations with contract conversions are anticipated to start within the next month.
The official opening of the sales gallery, which is conveniently close to the EDITION Residences site at 2060 North Bayshore Drive, Ste. B-101, was celebrated on March 30, 2023. Many VIPs and A-listers, including Francis Suarez, the mayor of the City of Miami, and members of South Florida’s real estate elite, attended the extravagant event. DJ Ruckus gave a surpise performance at the unique event. The evening came to a close with an enthralling drone display that filled the Miami sky with vibrant images.
The sales gallery is meticulously designed, with neutral-colored furnishings, lush flora, and architecturally distinctive details placed all about the room. A virtual reality room that offers unrestricted views of Biscayne Bay, the Atlantic Ocean, Downtown Miami, and the Miami Beach skyline captures the essence of indoor-outdoor living. The sales center has a copy of the master bathroom, kitchen, and living area to show off the building’s spacious floorplans and cutting-edge features.
One-bedroom-plus-den to four-bedroom floorplans with sizes ranging from 1,952 to 3,864 square feet and starting at $1.9 million will be available in immaculately finished homes. The tower will also have three lavish tri-level penthouses, each with a private rooftop pool and garden, representing the height of luxury.
The EDITION Residences, Miami Edgewater will have approximately 45,000 square feet of beautifully designed amenity spaces where owners can live, work, play, and entertain guests while exuding the same degree of luxury as the renowned hospitality brand. Two resort-style pools, a club bar, a library, private training studios, an extensive spa program, and six Guest Suites are just a few of the lauded features.
If you or someone you know have an interest in purchasing at EDITION Residences, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Former Miami Herald Waterfront Site in Downtown Miami Receives 5 Bids over $1 Billion
Following a marketing campaign managed by Avison Young’s Florida Capital Markets Group, Genting Group has received five offers above $1 billion for the former Miami Herald site in Downtown Miami, one of the biggest and most valuable development sites in Miami.
The property, which is located at 1431 N Bayshore Drive in Miami, has 800 linear feet of direct Biscayne Bay frontage and highly aggressive zoning in one of the city’s most vibrant and connected neighborhoods. It is regarded as the most sought-after development site offering in the history of the city and one of the largest waterfront land assemblages currently available in the United States. A notable mixed-use commercial, retail, residential, hospitality, and entertainment destination could be developed on the location.
The rare riverfront location in the Omni District is valued at just about $1.5 billion. The 15.5-acre development site, known as BayCity Miami, now hosts ArtMiami’s Art Wynwood show in February as well as CONTEXT Art Miami every year during Miami Art Week. The Miami Herald’s main office had stood on the land and was destroyed in 2014.
The Resorts World operator Genting Group, which owns 10 acres of land west of Biscayne Boulevard, will continue to be involved in the Omni neighborhood. Genting Group is one of the biggest resort, entertainment, and gambling organizations in the world.
The property, which spans many lots and once housed the Miami Herald’s headquarters, is zoned RTZ for mixed-use in Miami-Dade and is in the Metromover subzone (Rapid Transit Zone). The land has limitless buildable square footage, no setbacks, a height limited only by the FAA standards (649 feet), and a potential density of more than 8,000 units according to South Florida’s most benevolent zoning designation. The RTZ zoning offers builders a sizable, incredibly flexible building envelope as well as the chance to create a unique waterfront development on the site.
Miami Beach’s Star Island is Now Ranked as the Nation’s Highest Priced Neighborhoods
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.
The Perigon Miami Beach Unveils a Resident-Only Restaurant and Speakeasy Concepts
The Perigon Miami Beach announces Shaun Hergatt, a Michelin-starred chef, as the creator of Miami Beach’s first-ever resident-only concept.
Nota will be Hergatt’s first-ever Mediterranean concept, while Fifty Three, a speakeasy cocktail lounge, will have a complementary bold style. Hergatt is the renowned executive chef and owner behind some of New York’s most famous Michelin-starred restaurants, including the private restaurant at 432 Park Avenue and Vestry in Soho.
CEO of Mast Capital (the developer behind The Perigon) stated, “We are designing more than a condominium at The Perigon, it is a private, highly serviced five-star resort exclusively for the owners. Additionally, our partnership with such a notable chef as Shaun Hergatt further solidifies the commitment to the quality of luxury, The Perigon will offer to its residents.”
The focus of the restaurant showcases a clear and crisp palette, making the most of the coastal environment and abundance of rich, local ingredients. Chef Hergatt intends to use woodfire grilling techniques to produce meals that are elegant but approachable, with seafood serving as the menu’s focal point.
The speakeasy portion of the restaurant will experiment with vivid colors and patterns, embracing a whiskey-themed palate. Deeper browns and greens will establish a more intimate mood, incorporating golden fixtures and accessories creating the perfect nighttime setting. The cocktails will also embody the more lighthearted style, while focusing on fresh ingredients and imaginative curations.
The Perigon
The development will rise 17 stories and feature 83 total units, with 10 of those units labeled as ‘guest suites,’ which will only be available to purchase by unit owners.
Units will range from 2 to 4-bedroom floor plans with 2,100 to 6,700 square foot options. Units will start at $3 million and will feature a number of luxury amenities and residence features.
Tower Amenities
Signature oceanfront restaurant by a celebrated chef exclusive to residents
Beachside swimming pool and outdoor spa with sunbeds and cabanas
Pool and beachside food and beverage service
Direct entry to the dedicated beach, equipped with lounge chairs, umbrellas, and service
Sprawling conservatory offering daily breakfast bar
Stylish cocktail lounge and speakeasy
Dramatic double-height lobby with an open lounge area
Luxury guest suites for friends and family
Sunrise lounge with catering kitchen for entertaining and events
Private spa with sauna and treatment rooms
A state-of-the-art fitness center with a high-impact training room overlooking the Atlantic Ocean
Bespoke wine room
Private salon for personalized beauty services
Screening room
Imaginative children’s playroom
Intimate garden and meditation lounge areas overlooking the Atlantic
Bicycle storage
Residence Features
Direct, private elevator entry to each residence
Gracious 10-foot ceilings with floor-to-ceiling windows
Private 10- to 12-foot-deep terraces designed to provide direct views of the Atlantic from every residence
Expansive living, dining, and entertaining area accented with linear cove lighting
Custom Italian kitchens designed by Tara Bernerd & Partners featuring honed marble countertops, backsplash, and island
Sub-Zero Wolf Appliance Suite
Primary bathrooms feature natural stone flooring and walls, custom bathtub, bespoke mirrors, and light fixtures
Walk-in wardrobes in each bedroom
The building is expected to be delivered in 2025. If you or someone you know have an interest in purchasing at The Perigon Miami Beach, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
