Formula 1 Weekend is Here and We Have All the Details
The inaugural Miami Grand Prix brings Formula One to Miami, Florida this weekend. It is the fifth event on the 23-race F1 schedule and the first of 2 Grand Prix’s in the United States for 2022.
Located at the Miami International Autodrome, 37 Don Shula Drive, Miami Gardens, which is also the location for Hard Rock Stadium. The track itself is a temporary circuit around Hard Rock Stadium and the track stretches 3.363 miles long. It features 19 corners and the anticipated average speed is around 139 mph.
Top Drivers and Teams for F1 Miami
Ferrari’s Charles LeClerc leads the global drivers’ championship with 86 points, ahead of Red Bull’s incumbent champion Max Verstappen (59) and Sergio Perez (59). (54).
Despite this disadvantage, Verstappen remains BetMGM’s favorite for pole position and grand prix victory, with +100 odds on both.
Ferrari also leads the constructors’ standings with 124 points, barely 11 points ahead of Red Bull and 47 points ahead of Mercedes, the seven-time defending champion.
Where to watch?
Free practice round 1: Friday, May 6, 2:25-3:30 p.m. (ET) (ESPN2, ESPN app)
Free practice round 2: Friday, May 6, 5:25-6:30 p.m. (ET) (ESPNEWS, ESPN3, ESPN app)
Free practice round 3: Saturday, May 7, 12:55-2 p.m. (ET) (ESPNEWS, ESPN3, ESPN app)
Qualifying round: Saturday, May 7, 3:55 – 5 p.m. (ET) (ESPN, ESPN app)
The race producers have built a “dock” with 10 yachts overlooking the circuit’s turns 6-7-8 complex, with the vessels on trailers surrounded by a raised solid vinyl finish imitating water.
After Parties
It’s Bleau Live and the official premiere of ‘Miami Race Nights,’ with renowned DJs Calvin Harris and David Guetta, among others, at Fontainebleau Miami. Tickets start at $250 and go up to $55,000 for tables!
CARBONE BEACH will fuse an incredible culinary experience with live entertainment. Each evening of the limited engagement will begin with an expertly curated cocktail hour, followed by a seated dinner prepared by Chef Mario Carbone. This spectacular dinner party will feature CARBONE’S classic dishes, served with the sense of theater and luxury synonymous with the restaurant’s dining experience since it opened. Weaved throughout the evening’s journey will be surprise performances and authentic Italian touches – for a once-in-a-lifetime experience, available for American Express® Card Members only.
This weekend at E11Even Miami, Snoop Dogg, Travis Scott, and Tiesto will be performing just in time for Formula 1. Concert and ticket packages are available.
Weather
The weekend temperature is expected to be around 88 degrees Fahrenheit, with less than a 30% chance of thunderstorms on Saturday and Sunday. This might result in some unexpected thermal tire deterioration, affecting teams’ pit strategy. Thunderstorms would clearly halt on-track activity for safety reasons, but if there is a deluge, the immediate on-track racing might become considerably more volatile.
Groundbreaking Scheduled for Aria Reserve Miami
The groundbreaking for the long-awaited Aria Reserve in Edgewater has finally been scheduled. With the announcement of the groundbreaking also comes the announcement of sales launching for the second tower.
Aria Reserve will rise 62 stories tall reaching 627 feet, making it the tallest dual waterfront residential development in the United States. The project will feature two towers, each with 390 units and 1,608 parking spaces.
Sales for Aria began in June 2021 for South Tower and since the launch, its sales have been very successful. According to the Melo Group, over $40 million of all 12 penthouses have sold within the first 90 days of the launch. Now more than 90% of the units have sold with a total sales of over $600 million.
Construction deposits include a 30% deposit for all U.S. buyers and a 40% deposit for all international buyers. According to the developer, more U.S. buyers have purchased penthouses but overall units, the buyers have been half from Latin America and the other US buyers.
Residential units begin at $750,000. Although sold out, the penthouses started at $12 million. Units will feature 1 to 4 bedroom floorplans with 1,100 to 2,600 square feet of options. The penthouses themselves range from 3,500 to 9,000 square feet with each of them featuring a 3-car garage.
Tower Amenities:
2-acre recreation deck
Lap pool and spa
Gaming center
Playground
Tennis courts
Basketball courts
Paddle courts
Miniature golf course
Wellness center
Gym
Meditation Garden
Residence Features
Unobstructed views of Biscayne Bay and Ocean
Finished residences with two flooring options
All residences include 2 high-speed elevators
All residences include an office/media room
All residences are sunrise-sunset flow-through from East to West
3-month seasonal rentals allowed up to 4 times per year
The Aria Reserve groundbreaking ceremony is set for May 16, 2022. If you or someone you know have an interest in purchasing at Aria Reserve, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Calta Group Purchases Hollywood Development Site for $9.5 Million
A new apartment development could be in the works in downtown Hollywood. The Calta Group recently purchased the site located at 2215-2239 Hollywood Blvd for $9.5 million.
The 1.6-acre site was sold by Hollywood Construction & Development LLC which is managed by Joseph Horn of Miami. The same company purchased the site just late year in May 2021 for $7.7 million.
Several retail and office buildings currently occupy the site and would need to be demolished once the project is approved. The Calta Group, which is led by Ignazio, Gaetano Caltagirone, and Igor Blatnik plans to develop an 8-story apartment tower. The tower itself would feature 180 units and 1,800 square feet of ground-floor retail space.
The original design was proposed in 2019 by Borges Architects + Associates who would remain the lead for the project.
Amenities:
Pool deck
Business center
Gym
The groundbreaking will be scheduled for the 4th quarter of 2022 but the Calta Group still needs to select a general contractor for the project.
The Calta Group continues to make headway in Hollywood with their total construction projects reaching $1.5 billion.
Sales Launch for Society Residences in Downtown Miami
In the heart of downtown Miami, sits a new construction site of an up-and-coming tower developed by PMG. Society Biscayne was originally announced as an apartment tower but recently the developer decided to transition the apartment tower into residential units due to the lack of inventory in Miami. Now the property is officially Society Residences.
The construction for the 704 unit tower is currently underway at their site located at 398 NE 5th St in Miami. Rising 47 stories (571 feet) tall, units will be presented as fully finished and fully furnished with luxury amenities and outstanding water views.
Visionaries
Developers: Property Markets Group (PMG) and Greybrook Partners
Architect: Sieger Suarez Architects
Interior design: Cotofana Designs
Building Features
47-story tower located in Downtown Miami
Designed by internationally renowned architecture firm Sieger Suarez Architects
Views of the Miami skyline, unobstructed views of Biscayne Bay and the Atlantic Ocean
Modern Residential Lobby with 24/7 Concierge
Electric Vehicle Charging Stations
Features the Latest Smart Building Technology
Destination Controlled Elevator Dispatch
Smart Package Lockers
Custom Society Residences app, linking residents to concierge services and building amenities- Digital Key- Guest Access- Payments- Package Deliveries- Messages from Management
Dry Cleaning & Laundry Service Lockers
Access-controlled entry points throughout
Valet Parking
Amenities
Lobby with Cocktail Bar and Restaurant by Jaguar Sun®
Over 19,000 square foot double-height amenity deck overlooking Downtown Miami and Biscayne Bay
Curated art and green walls throughout all common areas
132-Foot Resort Style Pool with private lounge areas
16 ft Poolside Screening LED Wall
Lawn with Theater
Sky Entertainment Lounge & Grilling Terrace featuring eight grills
Fully-furnished studios, 1, 2, and 3-bedroom residences
9’2” ceiling height with floor-to-ceiling windows
Balconies with stunning views of Biscayne Bay and the Miami city skyline
Porcelain wood-grain tile flooring throughout
Built-in full-size washer and dryer(in select residences)
Ecobee smart thermostat
Smart keyless entry
Pre-wired for high-speed communications, multiple telephone lines, and cable
Custom kitchen cabinetry by Italian design house Italkraft
Quartz kitchen counters
Frigidaire stainless-steel appliances including microwave, dishwasher, freestanding range oven, and refrigerator
Frameless glass-enclosed showers
Custom Italian vanities by Italkraft
Modern matte black kitchen and bathroom fixtures
Fully built-out California-style closet
Pricing:
Studios from $600K
One bedroom from $800K
Two bedrooms from $1.4M
Three bedrooms from $1.4M
The building is still under construction but the TCO is anticipated to be received by the end of June.
If you or someone you know have any interest in purchasing at Society Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
PMG Proposes a Two Tower Development with 803 Condo Units in Miami’s Brickell
New Tower by PMG Developers Announced
Property Markets Group, also known as PMG Developers has submitted designs for a twin-tower development with 803 residential condo units in Miami’s Brickell Financial District.
The proposed site will be located at a 1.15-acre property at 102, 106, 120, and 130 S.W. 8th St.; 826 S.W. First Ave.; and 101 S.W. 9th St, a block north of the Brickell Metrorail Station, on the west side of the Metrorail lines.
The property is under contract with PMG from Miami-based businesses 120 SW 8th Street LLC, 130 S.W. 8th Street LLC, Brickell Motel LLC, and King Condo 3B LLC (investors associated with the property). The site currently features a three-story office building with 15,560 square feet and a 4-story residential complex with 16 apartments, which would both be destroyed to make space for the project.
The building is anticipated to span over 1.5 million square feet between the 2 towers which will be connected by a parking podium. The north tower will rise 46 stories (550 feet), and the south tower will rise 31 stories (380 feet). The parking podium will contain 832 parking spots and 15,791 square feet of commercial space.
As of right now, the average unit size is expected to be 841 square feet. The current amenities for the project include multiple pool decks on the 13th, 31st, and 39th floors. There would also be a sky bridge connecting the buildings on the 31st floor.
The project will be designed by Sieger Suarez Architects. PMG is well-known for some of the city’s most significant projects, including the Waldorf Astoria Residences Miami. PMG has already filed the plans with the city and county.
Fortune International Group and Blue Road Group Announces Nexo Residences in North Miami Beach
Nexo Residences, a 254-unit condo building with no short-term rental limitations in North Miami Beach, has been launched by Fortune International Group and Blue Road.
The proposed site is located at 13899 Biscayne Blvd., with Blue Road of Bay Harbor Islands and Fortune of Miami having a deal with Aventura-based Tomaja LLC for the 1.74-acre site. Currently on this site is a 36,661-square-foot office structure, built-in 1958, which would be removed.
Nexo Residences, according to the developers, will be the first condo in North Miami Beach to allow short-term rentals. Some investors choose short-term rentals as a method to supplement their revenue by offering properties on home-sharing services like Airbnb.
According to the President and CEO of Fortune, Edgardo Defortuna, “Nexo Residences will serve as the premier short-term rental offering in North Miami Beach, an area that has been underserved in the hotel and rental products; most projects of this kind concentrate in downtown Miami and Brickell.”
The Nexo’s 15-story units would vary from 525-square-foot studios to 2,190-square-foot townhouses pricing beginning in the $400,000s.
Residence Features:
Fully 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
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
2 Spa pools with loungers
Private event area
The project will be designed by Frankel Benayoun Architects with landscapes and interiors by Urban Robot. According to the press release, Fortune International Group and Blue Road hope to break ground by the end of 2022.
Aston Martin Residences Miami Exceeds 90% in Sales Breaking Records in January and February 2022
Developers for Aston Martin Residences Miami recently announced that sales continue to climb and there seems to be no stopping the upward direction of unit prices. Sales for this new tower have surpassed 90%, beating its own records for both January and February 2022.
According to Alejandro Aljanati, CMO of G&G Business Developments, the business behind the project in partnership with premium brand Aston Martin, January and February 2022 combined completed over $100 million in sales. There are more under contract leaving less than 40 units available for much anticipated luxury tower.
According to Aljanati with the tower 90% sold, “This is called scarcity and rarity. There’s no inventory. The whole building is increasing prices. So even if you bought an apartment six months ago, you will make a very good profit.”
The tower’s penthouse, which is the only triplex penthouse in an Aston Martin structure, has boosted its asking price from $50 million to $59 million as a result of the increasing demand. The purchase still includes the extremely rare Aston Martin Vulcan.
Units range from studio to 4 bedroom floor plans with square footage beginning at 698. River and Panoramic units start at $750,000 and rise to $8+ million depending on the floor plan and unit location. As for the Sky and Penthouse residences, units begin at $14 million reaching well over $50 million.
Development Information
Developer: G&G Business Developments
General Construction: Coastal Construction
Architect and Design Team: Luis Revuelta of Miami and Bodas-Miani-Anger of Argentina
Residence Features
Private service entrance at basement level for all move-ins and personnel
Bulthaup custom cabinetry in kitchens
White marble floors throughout the entire unit and porcelain in all balconies
Quartz countertops in the kitchen. Piatra Grey (Ceasarstone) or similar
Gagganeau appliances in all residences: (sizes depends on units)
Duravit wall-mounted toilets in all units throughout the building and bidets in select units
All bathrooms feature marble floorings and walls (Thassos or similar
Hansgrohe faucets in secondary bathrooms and exclusive Axor model in master and powder bathrooms
Italian Bertolotto doors with AGB hardware in all units
Wood-paneled front doors to residence with programmable smartphone technologies such as NFC and Bluetooth
Floor soundproofing system installed throughout all units including all bathrooms
Walls dividing units with corridors will be 10″ wide with layers of Quiet Rock improving soundproofing
German Schuco hardware on sliding glass doors
ThyssenKrupp “Destination Dispatch” elevator system from main lobbies getting passengers to their destination in the shortest travel time and enabling access only to their own floor for enhanced security
High-speed elevators going up to 1200 feet per minute
High-speed internet and Wi-Fi hotspots in all common areas
Cast iron pipes and risers avoiding Waterflow noises
Amenities
Full-service building with concierge and hospitality-inspired services
Super Yacht Marina facilities
“The Aston Martin Club” membership
Rooftop infinity pool located on 55th floor
Fitness Spa and Fitness Center with Meditation Room and Treatments Suites
Private Steam, Sauna, and Locker Facilities
Pet-friendly building
Building designed with a helipad on the rooftop
24-hour valet and covered garage self-parking
Valet charging stations for electric cars
Valet Butler
Additional bicycle and private storage spaces
10 destination controlled super hi-speed elevators and separate dedicated service elevators
Digital connection to concierge and all building amenities from every residence
State-of-the-art Business Center and Conference Rooms
Art Gallery and Art Lobby on 53rd floor
Private Residence Movie Theatre, Event Space, Kids Playroom, Teen Center, and Game Rooms
Virtual Golf
Beauty Salon with blow-dry station, pedicure chair, manicure table, and wash stations
Construction for Aston Martin Residences Miami is expected to be completed by the end of 2022. If you or someone you know have any interest in purchasing at Aston Martin Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Need an Airbnb in Miami for the Weekend? You Can Now Stay in Bad Bunny’s Semi Truck
Yes, you heard that right. You can now stay in the Puerto Rican reggaeton superstar’s truck. Starting March 29th at 1 pm EST, Bad Bunny will play host to guests who rent his converted 53 ft custom tour truck.
For three individual one-night stays, a fan will be able to book the truck for $91 a night (not including tax or Airbnb fees). The dates are scheduled for April 6th through the 8th and with the price comes a lot of perks!
Guests who end up booking the tour truck will also receive VIP tickets to Baby Bunny’s Miami Tour that is set for April 1st-3rd, access to the truck’s sound system, a photoshoot with the truck, and a tour to all of Bad Bunny’s favorite Miami spots. Although Bad Bunny won’t be there to host, there will be a virtual hello each guest can look forward to.
Bad Bunny, Benito Antonio Martínez Ocasio is his real name, is a Puerto Rican Rapper, record producer, singer, actor, and professional wrestler. His genres include reggaeton and Latin trap, but he is known for his versatility and his ability to incorporate soul, rock, and bachata into his music. Born in Vega Baja, Puerto Rico, Bad Bunny became famous through SoundCloud and ended up signing with a label in early 2016.
He is known for his collaborations with Cardi B, Drake, Dady Yankee, and J Balvin. In 2018, he was awarded a Latin Grammy for Best Urban Music Album. He also performed at the Super Bowl LIV halftime show alongside Shakira and Jennifer Lopez. More recently, he became the first Latin artist on the cover of Rolling Stone magazine.
According to Bad Bunny, “I’m hoping that by hosting guests in my truck I can give them a chance to feel like they’re on tour with me. This truck has played such a big role in the concept of my tour and my last album that I want to share this unique experience with them.”
The truck was designed by West Coast Customs and has made an appearance on stage during a few of his shows. The truck includes a pined bedroom with a neon bunny on the wall, a dining area, and a mini-fridge. And don’t worry about parking because the truck will be located in a private lot with 24-hour security during your stay.
Bad Bunny’s El Ultimo Tour Del Mundo in Miami is sold out but with this Airbnb opportunity, tickets are closer than you think! To reserve his tour truck or to get more information, click here.
Turkish Airlines and Air France Increase Flight Schedules to Miami
Miami has always been a go-to city for many reasons but more recently people from all over the world are flocking to The Magic City. Whether it’s for the food, nightlife, or the beaches, there is something for all on this east coast town.
With the increase of people moving and visiting Miami, airports are busting at the seams trying to keep up with the demand. To help with the overflow, 2 major international airlines have announced they will be increasing flights to Miami starting soon.
Turkish Airlines and Air France are increasing their flight schedules to Miami. Turkish Airlines have announced that they will have 2 flights every day from Istanbul to Miami. This flight pattern is set to begin on March 27, 2022.
With Air France, their daily flights between Paris and Miami are set to increase by 20% daily beginning July 2022, up to 7 daily flights.
Air France currently services 11 cities in the United States and that includes Atlanta, Boston, Chicago, Detroit, Houston, Los Angeles, Miami, New York, Seatle, San Francisco, and Washington D.C.
According to the Miami International Airport, flights to Miami are already up 17% and that number is steadily growing and the US is at 90% of its 2019 flight levels.
If Miami continues to break International travel records, we can only look forward to new flights, hubs, and destinations linking to Miami in the future.
