SoLé Mia Development Adds Reserve Padel to its Luxury Amenities List
The 184-acre master-planned North Miami community of SoLé Mia, developed by LeFrak and Turnberry, and Reserve, the top lifestyle padel brand founded by businessman Wayne Boich, announced the anticipated addition of Reserve Padel club to the growing development project. The club is scheduled to open in the fall of 2024.
Reserve Padel at SoLé Mia will be a premier, two-story padel club with four indoor and six outdoor padel courts, two pickleball courts, elevated viewing areas and social spaces, and a second-floor state-of-the-art gym and wellness center with a cold plunge, steam room, and sauna. The venue will also include a Pura Vida restaurant on-site, which serves up a full menu of organic juices and healthy food alternatives for visitors and has a large terrace with views of the main court.
The public will be able to use Reserve Padel at SoLé Mia once a special membership component has been introduced. This component will grant members access to special events, priority court bookings, and the second-floor health & wellness facilities, among other benefits. The club will also hold two distinct pickleball courts and offer unique competitions, events, exhibitions, corporate outings, clinics for all skill levels, and kid-focused programming.
The addition of Reserve Padel at SoLé Mia will enhance the quality of life in the master-planned community, a thriving urban oasis, and one of the most sought-after new neighborhoods in Miami. With expansive, resort-inspired amenities like a seven-acre, swimmable freshwater lagoon, eight miles of jogging and biking pathways, and 37 acres of manicured open space, the community is oriented on wellness. More than a thousand people currently call SoLé Mia home. When finished, it will have 4,390 homes, 1.5 million square feet of commercial space, the largest world-class outpatient medical facility in the University of Miami Medical Center, UHealth, a charter school, and more. SoLé Mia combines the best of luxury living in a natural setting with recreational amenities.
Financing Secured and Ground Breaking Scheduled for the Village at Coral Gables
By the end of July, MG Developer is expected to break ground on the Village of Coral Gables, which will include a mix of for-sale villas, townhomes, lofts, and flats. MG Developer has also obtained a $67.5 million construction loan. The Miami-based developer, headed by CEO Alirio Torrealba, received the loan from Churchill Real Estate.
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. If you or someone you know have an interest in purchasing at the Village of Coral Gables, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Miami Worldcenter Welcomes New Lucid Motors Location
Lucid Motors, a producer of high-end electric vehicles, has unveiled the opening of its newest plant at Miami Worldcenter, a revolutionary $6 billion, 27-acre mixed-use development in Downtown Miami.
Lucid Motors has joined the list of freshly launched restaurants and bars, well-known national retailers, and the citizenM Miami Worldcenter hotel as concepts. Earls Kitchen & Bar, Maple & Ash, Sports & Social, Bowlero, and the renowned Museum of Ice Cream are just a few of the exciting new attractions that will soon be opening. Miami Worldcenter, one of the biggest privately owned and constructed urban real estate projects in Florida, provides a vibrant mix of residential, business, and hospitality facilities as well as a staggering selection of shopping, dining, and entertainment options.
The almost 23,000 square foot space includes a Lucid Studio where clients may test-drive the company’s upscale electric cars, including the lauded Lucid Air sedan. The building also functions as a service and delivery center for Lucid Air, open Monday through Friday from 11:00 a.m. to 7:00 p.m. and on weekends with modified hours.
The project is overseen by Managing Partners Art Falcone and Nitin Motwani and is managed by Miami Worldcenter Associates in collaboration with CIM Group. Nitin Motwani expressed delight about the inclusion of Lucid Motors, highlighting the brand’s cutting-edge premium appeal and its commitment to the goal of Miami Worldcenter as a lively live, work, and play destination in the center of the city.
In addition to its amenities, Miami Worldcenter has World Square, a lively 20,000 square foot public plaza and park intended to serve as a hub for gatherings. With alternatives for dining, entertainment, and shopping, the plaza provides open space, shaded places, and sidewalks that are favorable to pedestrians.
The $5 million public art project at Miami Worldcenter, organized by the Miami-based curatorial collective PRIMARY and renowned art dealer Jeffrey Deitch, turns the building into a permanent outdoor gallery. Large-scale murals, paintings, and sculptures, as well as other contemporary and modern works by internationally renowned artists, are on display as part of the effort.
Tom Brady Secures Construction Loan for New Residence at Indian Creek
Seven-time Super Bowl champion Tom Brady obtained a $35 million construction loan for his residence in Indian Creek.
In late 2020, Brady and his then-wife, supermodel Gisele Bündchen, bought the parcel at 26 Indian Creek Island Road. Brady retired from the NFL for the second and final time this year. They paid $17 million for the almost 2-acre beachfront property through an LLC run by officials of Fontainebleau Development. Developer Jeff Soffer, owner of Fontainebleau Development, and Brady are close friends.
In order to start development on the land, Fontainebleau Development submitted two notices of commencement in 2021. According to the documents, Brady intends to build a two-story residence with a security building, gym, cabana, pool, sport court, emergency generator, and more.
Brady obtained the loan from JPMorgan Chase using a covert LLC. According to the mortgage records, the initial lender was San Francisco-based First Republic Bank. First Republic was taken up by the Federal Deposit Insurance Corp. in May and sold to JPMorgan Chase. It was the second-largest bank failure in American history.
Brady’s loan has a starting 8.25 percent yearly interest rate while it is being built. When it expires in June 2025, the borrower will probably refinance.
In South Florida, Brady and Bündchen intend to co-parent their children after announcing their divorce last year. They lived close in a four-bedroom, 4,300 square foot lakefront property at 29 Indian Creek Island Road before getting divorced. Brady then signed a lease for an opulent condo at the Surfside Fendi Château Residences project.
We’re not too far from Bündchen. Records reveal that in October, she paid $11.5 million via a trust for a seaside demolition at 1400 Biscaya Drive in Surfside. Brady is building a mansion on Indian Creek across the lake from the 6,600-square-foot home, which was completed in 1981 on a 0.4-acre property.
Billionaires Ivanka Trump and Jared Kushner, who spent $24 million two years ago to purchase a waterfront property on the island, billionaire Carl Icahn, billionaire hedge funder Eddie Lampert, Taubco CEO Irwin Tauber, billionaire Hotels.com co-founder Bob Diener, and billionaire IndiGo airline co-founder Rakesh Gangwal also reside in the small, gated community of Indian Creek.
Related Group Secures 18,000 Square Foot Lot in Edgewater for Development
Leading developer Related Group has purchased an 18,000-square-foot land piece in Edgewater, Miami, consisting of three adjacent sites in collaboration with Alex Karakhanian of LNDMRK.
The homes, which are located at 519, 525, and 535 Northeast 29th Street, are in a prime location and provide breathtaking views of Biscayne Bay as well as easy access to the MacArthur Bridge, which connects Edgewater to Miami Beach, and the I-195, which offers a direct route to Fort Lauderdale and Palm Beach. The majority of the undeveloped plot cost $12 million to buy.
According to the President of Related, Nick Perez, “Related identified the growth potential of Edgewater years ago, when we delivered the transformational, four-tower Paraiso Bay community along with Edgewater’s first five-star waterfront restaurant, Amara at Paraiso.
Edgewater offers it all- prime waterfront views, world-class culinary offerings, and easy access to other key hubs, from the Design District to Miami Beach. This newest acquisition is another step forward in our efforts to solidify the area as a true hot spot.”
The site’s particular development plans are still a secret. The land, according to public records, is designated T6-36-A, which allows for the building of up to 36 floors and 150 units per acre. About 60 units might be created within the permitted parameters without the need for further bonuses.
Joel Rodriguez and Alex Suarez of Global Investment Realty served as the deal’s brokers, and PPD Edgewater LLC, run by Esteban Koffsman, was the seller. A well-known real estate firm called LNDMRK Development focuses on finding, acquiring, and building commercial, residential, and mixed-use developments all across the Southeastern United States. Along with The Dorsey and Nomad Residences Wynwood, both of which are in Wynwood, Related and LNDMRK are actively looking for more joint venture options throughout South Florida.
Museum of Ice Cream to Open at Miami Worldcenter
In 2024, Miami Worldcenter will welcome the permanent opening of the Museum of Ice Cream. The new facility will be more than 14,000 square feet on two levels, with an entrance on the pedestrian promenade of Worldcenter.
The Museum of Ice Cream will feature 10 interactive installations that are inspired by Miami including, MOIC’s sprinkle pool, the Hall of Freezers, Mary-E’s Diner, and the Cream Liner.
There will also be 5 stations where guests can taste sweets during the 60-90 interactive tour
The art installation was originally open in 2017 at Faena Miami Beach for as a temporary location for 2 months but was so popular, they kept the installation up for 6 months.
Museum of Ice Cream is located at Miami Worldcenter at 851 NE 1st Avenue, Unit 134, Miami.
Miami Worldcenter is a $6 billion mixed-use complex in downtown Miami, which is spread across 27 acres and ten city blocks and includes retail, hospitality, business, and residential areas, is one of the biggest private urban real estate developments in the United States. Three residential buildings, a sizable chunk of the retail area, and a recently built CitizenM hotel are among the project’s phases that have already been finished and are occupied.
Mediterranean Masterpiece For Sale in Davie Florida for $3.25 Million
Welcome to an extraordinary Mediterranean-style masterpiece in the prestigious Davie, Florida. Exuding unparalleled grandeur with 6 Beds, 5.5 Baths, soaring 23-ft-high ceilings, 40-foot-long saltwater pool this 12-acre home offers privacy, renowned schools, and seamless indoor-outdoor entertainment.
Located at 15510 SW 38th Court, the interior boasts bespoke furnishings, exquisite lighting, and a serene ambiance meticulously curated by Restoration Hardware. The use of oak wood, forged iron, and a natural color palette creates a serene ambiance emanating timeless elegance.
Advanced technology, Lutron Palladium window treatments, Sonos wired system, and solar panels w112 consumption offset provide convenience sustainability. Embrace luxury living where spaciousness and curated design converge harmoniously.
Davie is located 24 miles north of Miami, in Broward County, Florida. The town had 110,320 residents as of the 2020 census, making it the largest municipality in Florida in terms of population. The population of the Miami metropolitan region, which includes Davie, was projected at 6,198,782. The town is renowned for its close proximity to major cities and Western-themed architecture. The Miami Dolphins and Florida Panthers call it home.
If you or someone you know have an interest in purchasing this estate in Davie, Florida, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
For floor plans, videos, and more information, click here.
New Tower Proposed in Miami-Clear Residences
Clear Residences, a 52-story tower proposal is now being examined by the Miami Planning and Development Department. Located at 130 SE 1st Street, the site itself sits on 0.55 acres or 23,750 square feet, with the current site now being used as parking.
The proposal with a letter of intent was submitted to the review board in December 2022 with Clear Residences featuring 545 residential units, 4,190 square feet of ground floor retail, and 199 parking spaces.
The tower would rise 694 feet tall with Kobi Karp listed as the architect.
The developer is listed as Clear Communities Miami North Limited Partnership, and Bercow Radell Fernandez Larkin & Tapanes is their legal counsel during the approval procedure.
Joseph R. Colletti is listed as the officer for Clear Communities Miami North Limited. Clear Communities originally purchased the site in 2019 for $18 million while obtaining a mortgage for $10 million through the Pacific National Bank in Miami. The price equaled $756 per square foot.
According to the site’s T6-80-O zoning, an 80-story tower could be built there, requiring Federal Aviation Administration height approval.
Exclusive Private Terminal Coming to Miami International Airport
Miami International Airport has been chosen by the exclusive private terminal service PS for expansion from its original location at LAX. The historic former PanAm headquarters will house the airport’s first private, opulent terminal for commercial flights, which is scheduled to open in 2025.
From hubs like Atlanta and Dallas-Fort Worth, PS is a first-of-its-kind, premium travel service. When it opens, PS MIA will provide members and visitors with improved privacy, security, efficiency, and luxury amenities in a quiet haven.
In addition to Private Suites with private balconies and a landscaped courtyard for soaking up a few last moments of Miami sunshine, the terminal will feature an elevated lounge experience called The Salon.
PS MIA members and guests will be escorted through on-site TSA screening after unwinding at the posh new terminal before being chauffeured to their commercial flights at any of MIA’s concourses. They will use the jet bridge stairs to ascend the plane directly from the tarmac. The entire experience, from tarmac pickup to airport departure, will be offered to MIA arrivals.
Other benefits include complimentary parking, spa showers and services, car washes, and amenities for kids and pets. These benefits vary depending on your membership level.
Similar to mid-century terminal rehabs like the recently finished TWA Hotel at New York’s JFK Airport, PS MIA will breathe new life into Miami’s former Pan American Regional Headquarters, located at Building 874 across the airfield off 36th Street. Richard Heisenbottle, a renowned architect and Florida preservationist, will oversee the restoration while keeping Art Deco accents and 1960s nods throughout.
The cost of membership has not yet been disclosed for PS MIA, although rates for the LAX location’s Salon and Private Suites begin at $1,250 annually and $4,650 for up to four guests. The PS experience is available to non-members for $4,650 for up to four guests (Private Suite) or $995 per person (Salon).
It is reported that PS MIA would bring in $16 million for the County over the course of the initial 20-year contract.
