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.
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.
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.”
New Renderings Revealed for The Perigon Miami Beach
Mast Capital and Starwood Capital Group recently revealed new renderings for the highly awaited Perigon Miami Beach project that is expected to top off next year.
In June 2021, Mast filed the development plans for the property and the official approval came in December 2021. Rem Koolhaas is named as the architect for the project while Tara Bernerd is listed as the interior designer. The design resembles a series of towers merged together allowing the residents optimal views of Biscayne Bay, the Miami skyline, and the Atlantic Ocean
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.
Services
Residential butler
Dedicated lifestyle concierge
24-hour security and valet service
House car
On-site general manager
In-residence dining and catering from a signature on-site restaurant
Home management services from cleaning and maintenance to floral and pantry stocking (available for additional costs)
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.
Sales Launch for Twenty Nine Indian Creek in the Faena District Miami Beach
JMH Development has officially launched sales for Twenty-Nine Indian Creek Condos, a boutique collection of only 11 private residences will rise at the nexus of Indian Creek Drive and Collins Avenue in the heart of the thriving Faena District in Miami Beach.
Twenty-Nine Indian Creek will reflect timeless sophistication and serve as an emblem for historic preservation, with architecture, interiors, and landscaping designed by renowned firm Urban Robot. The seven-story modern structure will house eight three-bedroom residences and one sprawling full-floor penthouse with an expansive wraparound terrace and panoramic views.
The development site is home to a 1930s Art Deco structure that has been hidden from public view for nearly 60 years. JMH Development will restore and relocate the structure to harmoniously integrate the past and present, resulting in two sprawling townhomes that will pay homage to the inherent design qualities of its former era.
Each elegantly appointed residence, ranging in size from 1,750 to 4,800 square feet, is designed to maximize space and seamlessly connect to the outdoors, with sweeping floor-to-ceiling windows and doors allowing in an abundance of natural light. Spacious terraces with iconic, undulated railings showcase exquisite craftsmanship that continues indoors – with meticulous attention to detail.
Gourmet chefs’ kitchens feature bone white lacquered custom cabinetry, Miele appliances with wine storage, and marble countertops and islands. Freestanding soaking tubs, dual vanities, honed flooring, and premium Hansgrohe fixtures are among the indulgent features found in spa-inspired bathrooms. Townhomes have double-height great rooms that are 18 feet tall, as well as private terraces with landscaped gardens and a summer kitchen.
Residents will enjoy a palm-tree shaded pool deck with daybed lounge chairs and tanning areas, a summer kitchen with barbeque and dining area, an outdoor shower, and direct access to a dedicated beach club. The Art Deco-inspired geometrical design of the building is complemented by lush landscaping with terraced walls and cascading greenery, water features, and a natural color palette, creating an immediate sense of serenity.
Twenty-Nine Indian Creek will be located in the city’s most vibrant neighborhood, allowing residents to easily explore world-class dining, hospitality, and cultural institutions such as the Faena Hotel and Faena Forum, The Miami Beach Edition, the upcoming Aman Miami Beach, and Bvlgari Hotel.
Prices range from $2.5 million to $10 million, with construction set to begin in Spring 2023 and completion expected in Q1 2025.
If you or someone you know have an interest in purchasing at Twenty-Nine Indian Creek, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
37 Story Tower Designed by Arquitectonica and Developed by 13th Floor Investments in Now Complete
Cascade, a 37-story multi-family building at 3050 Southwest 37th Avenue in Miami, is now complete. The building, designed by Arquitectonica and developed by a joint venture partnership between Miami-based real estate developers 13th Floor Investments and Adler Group, in collaboration with global investment manager Barings, contains 421 modern apartment homes ranging in size from 510 to 1,323 square feet.
The residential tower is the second to be completed within the 7-acre Link at Douglas master plan, which is bounded to the north by Peacock Avenue, to the east by Southwest 37th Avenue (Douglas Road), to the south by Shipping Avenue and South Dixie Highway, and to the west by Southwest 37th Court. The building’s general contractor was Civic Construction, and it received its Temporary Certificate of Occupancy (TCO) from Miami-Dade County on January 5.
The 37-story tower is located at the intersection of two of Miami’s most desirable neighborhoods, Coconut Grove and Coral Gables, and is adjacent to the Douglas Road Metrorail Station, US-1, the city’s main thoroughfare, and The Underline, a 10-mile linear park, urban trail, and public art destination. Residents have direct access to the Metrorail system, bus lines, and the Miami and Coral Gables Trolleys, making commuting to Brickell, Downtown Miami, and the Health District a breeze.
The property’s interiors, designed by DesignAgency, feature teak wood and textured wall designs that contrast with matte black accents, creating effortless elegance without exclusivity. Earth tones can be found throughout, from the lobby lounge’s relaxed greenery and natural wood details to a lush garden display outlining the expansive amenity deck, providing serenity in each space.
Stone-wrapped kitchen islands, floor-to-ceiling windows, and in-unit washers and dryers are features of the residential units. Tall matte lacquer soft close cabinets, full tile backsplash, modern ENERGY STAR® appliances, porcelain tiled showers, front-lit vanity mirrors, and wood-look flooring are among the superior features and finishes. Select residences have inboard private balconies.
Cascade’s amenities include a resort-style pool with luxury lounge seating, cabanas, a poolside bar, an outdoor movie screen, and a game room with a foosball table, billiards, shuffleboard, and card tables, a basketball half-court, a yoga studio, grilling stations, outdoor dining areas, an indoor social lounge with comfortable seating, modern kitchen, media room, and a kids’ playroom, and an onsite dog run and wash.
The Link at Douglas master plan will include approximately 1,600 residential units, over 32,000 square feet of retail space, and a public plaza connecting to The Underline. Cascade’s sister property, CORE, a 22-story multifamily tower with 312 apartment residences and 6,000 square feet of ground-floor retail, opened in 2021.
Shore Club Private Collection South Beach Unveiled by Witkoff and Monroe Capital
With the debut of the Shore Club Private Collection in South Beach, 49 residential units created by Robert A.M. Stern Architects will be available, including a brand-new, 200-foot-tall oceanfront tower that is the renowned designer’s nautically-inspired take on the region’s famous MiMo architecture.
With a rounded shape influenced by ocean waves and replete with nautical and yachting allusions, it will rise 18 floors and no floor plans are the same.
A pool and private gardens are just two of the resort-style features available to members of The Shore Club Private Collection apartments, which are managed by Auberge but offer solitude and seclusion within the 5-star resort.
Interior design elements include mahogany and oak woods, nickel, brass, and other light metalwork accents, swooping walls, and arched windows, all of which are references to the materials and shapes of classic yachts. Units will start at $6 million.
Four duplex houses are located on the upper floors of The Cromwell, a different 1939-built structure that is also being refurbished and integrated as a private entrance for residents.
A 6,000-square-foot single-family beach house for the Shoreclub Private Collection, which was similarly created by RAMSA, is also under construction.
On the project, RAMSA worked with Miami-based Kobi Karp Architecture & Interior Design. Landscape planning is being managed by Island Planning Corporation with developers Witkoff and Monroe Capital.
$80 Million in Sales in the Last 60 Days at The Elser Hotel & Residences Miami
In the last 60 days, sales of $80 million have been completed at the 49-story luxury condominium building The Elser Hotel & Residences Miami, which is under construction nearby at 398 NE 5th St.
With 75% of purchases coming predominantly from Colombia, Mexico, and Chile, this enormous sales volume indicates the crucial return of Latin American investment in South Florida as well as the persistently strong demand for turnkey, new construction properties in the center of Downtown Miami.
The Elser Hotel and Residences are located in the same lively area and have the same sparkling views of Biscayne Bay that Elser Pier did in the early 1900s. Elser Pier’s prime location in Miami’s thriving downtown area contributed to its status as the city’s top convention and entertainment hub.
Tourists and locals alike were drawn to the pier’s variety of venues and waterfront views. The legacy and extraordinary success of Elser Pier altered the future outlook for the corridor and created the foundation for the bustling bayfront metropolis we know today.
The Elser Residences Miami is a development of carefully designed studio, one-, two-, and three-bedroom condos. Elser, located in Miami’s most alluring area, Downtown Miami, will provide a vibrant and rich community fuelled by culture, glitz, and wellness. Find a wealth of amenities for living, working, and playing. Units will be available this summer for move-in.
Facts and Features
49-story tower located in Downtown Miami
Developed by PMG and Greybrook Partners
Designed by internationally renowned architecture firm Sieger Suarez Architects
Approved for short-term rentals
On-site hospitality management
Views of the Miami skyline, unobstructed views of Biscayne Bay and the Atlantic Ocean
Over 19,000 square foot double-height amenity deck overlooking Downtown Miami
and Biscayne Bay
132-Foot Resort Style Pool with private lounge areas
Two-Level Modern Gym & Fitness Studio
Co-working Lab
Valet Parking
Electric Vehicle Charging Stations
Latest Smart Building Technology
Only The Elser Hotel & Residences Miami would have a short-term rental program that was expertly run by a five-star operator among the current inventory in Miami. The structure would be open to unlimited day rentals.
Residences start at $600,000 or the equivalent in bitcoin, according to PMG Residential, the property’s exclusive sales team.
The Crosby Miami Worldcenter Construction One Step Closer to Breaking Ground
The Crosby Miami Worldcenter, has applied to the Federal Aviation Administration for height approval. According to a filing with the agency on January 12, the tower will be 377 feet above ground, or 390 feet above sea level.
The construction permit that was filed in July 2022 states that The Crosby will include 450 condo units and 3,370 square feet of retail in a 33-story tower.
The Crosby Miami Worldcenter will sit on 0.55 acres in the Park West neighborhood of Miami. The units themselves will be fully furnished and finished from studios to two-bedroom floor plans. Square footage will range from 350 to 825 square feet and pricing will begin in the low $300,000. Interiors will be curated by AvroKo.
Residence Features Include:
9-foot-high ceilings with floor-to-ceiling glass windows
Balcony with every residence
Finished interior and exterior flooring
Gourmet kitchens featuring custom Italian cabinetry
Bosch appliances, including paneled refrigerator/freezer, dishwasher, built-in convection oven/microwave, and cooktop
Rain showers in primary bathrooms and custom Italian vanities
Full-size washer and dryer in unit
Fully built-out closets
Contemporary lighting packages, including recessed lighting, dimmers, and lighting control
Brilliant smart-home system offering seamless personalization with the touch of a button, including the ability to control audio, climate, window treatments, and lighting systems
Smart keyless entry system allowing you to unlock your door via smart app, door code, keycard, or Apple Watch
The Crosby will be designed by Cohen Freeman Encinosa (CFE) Architects. The design of the tower appears modern with floor-to-ceiling glass windows on every floor and expansive terraces throughout. The Crosby features over 22,000 square feet of luxury amenities from a rooftop pool to a ground-floor restaurant.
Tower Amenities Include:
Expansive rooftop resort-style pool with jacuzzi, cabanas, and grilling stations perfect for entertaining
Inviting fire pit lounge with breathtaking views of the Biscayne Bay skyline
State-of-the-art fitness center featuring saunas and plunge pools
Clubroom with private dining and stunning water views
Convenient juice and coffee bar
Spacious coworking center
Gaming lounge
Curated museum-quality art throughout all common areas
24/7 security services, high-speed elevators, and controlled property access
24/7 concierge services European porcelain flooring
The Crosby will have no rental restrictions and the buyers are able to rent out their units using any available platform for as many days as they would like. In the announcement, Related expects the buyers to be mostly investors due to there being no restrictions.
If you or someone you know have an interest in purchasing at The Crosby Miami Worldcenter, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
