Introducing the “Sky Collection” at Waldorf Astoria Residences Miami
Waldorf Astoria Hotel and Residences Miami will rise 1,049 feet tall making it Miami’s tallest and its first supertall skyscraper. The tower itself offers 100 floors of luxury residences and amenities expanding over 1.5 million square feet vertically.
With nine offset, stacked glass cubes rising over Miami, this tower will be like no other residential project in Miami or in the world. Sieger Suarez, responsible for the Burj Al Arab tower in Dubai, and Carlos Ott, responsible for Echo Brickell, have partnered on the design of this remarkable tower.
Waldorf Astoria Hotel and Residences Miami will feature 361 condo units and 205 hotel rooms. The condo residences will range from 1 to 4 bedrooms (located in cubes 4 through 7), not including the “Sky Collection” or the penthouses.
Until today, the developer of Waldorf Astoria Residences Miami had only released cubes 4 through 7. In a two-part VIP Broker event this afternoon, Cube 8, known as the “Sky Collection”, was unveiled.
The sky collection consists of four units per floor totaling 40 units altogether (floors 80-89), ranging from 2 to 4 bedroom floor plans. The 2 and 3 bedroom units will be west-facing while the 4 bedroom units will be east-facing. The residences will feature 2,465 to 2,575 total square feet including terraces. Sky residences will feature 12-foot ceilings and will have the same finishes as the penthouse residences. Sky collection pricing range from $5 to $9.2 million.
For buyers requiring more living space, Waldorf Astoria Residences Miami will have five, full-floor penthouses, all located in Cube 9 of the supertall tower. Each floor will total 13,155 square feet, including east and west terraces, and feature 14-foot-high ceilings with floor-to-ceiling glass windows. The west terraces will include a summer kitchen and plunge pool. Two of the five penthouses have already sold, and the remaining three are asking $40 million.
Tower Amenities:
Peacock Alley
True Waldorf Service and concierge
Unobstructed views of city and downtown skyline, Miami Beach and the Atlantic Ocean
Waldorf Astoria immersive resort-style pool with outdoor café and private cabanas
Private Bar/ Wine Tasting Room
Signature Restaurant
All-Day Dining Brasserie
Pre-function and function spaces
Meeting and boardrooms
Waldorf Astoria Kids Club
24-hour valet parking
Signature spa
A leading-edge fitness center with private training studios
Residential Amenities:
24-hour doormen and lobby desk attendants
Private porte cochère with 24-hour valet service and private residential entry
24-hour concierge services in addition to dedicated on-site professionals
Live-in resident manager and 24-hour security
Front-door package and service delivery via signature Concierge Closet
Owners Lounge with high ceilings
Billiard and entertainment room with panoramic bay views
Designed for private functions and equipped with adjacent catering kitchen
Private residential pool deck with whirlpools with lounging areas
Exclusive Waldorf Astoria Miami access and benefits, including preferred spa and restaurant rates and access to à la carte hotel services
Currently, Waldorf Astoria Residences Miami is 60 percent sold. At today’s VIP broker event, it was announced that full sellout (totaling $1 billion) is expected by March 2022. Groundbreaking is still planned for Q1 2022.
Aston Martin Residences Construction Update
Aston Martin Residences is nearing the top off of the 66-story ultra-luxury tower located at 300 Biscayne Boulevard Way. Situated in Downtown Miami, this remarkable tower will be one of the Miami skyline’s most unique towers. Designed by BMA Arquitectos & Asociados with Revuelta Architecture International, the 816-foot tall sail-shaped skyscraper will vertically span 1.9 million square feet making it the 2nd tallest tower in Miami.
With Miami-based developer G&G Business Developments and the general contractor as Coastal Construction, the tower is progressing quickly. In October, the tower had already reached the 63rd floor. Now construction is at the 65th floor with netting taking the place of the floor-to-ceiling windows that will eventually be installed.
Vegetation is currently appearing on the pool deck located on the 55th floor as well. We are also seeing contractors carrying large sheets of floor-to-ceiling glass windows and installing them on the 52nd floor. Most of the mirrored siding/windows have been installed from the main to the 52nd floor. Rebar is also being placed on the perimeter columns of the top-floor penthouses.
Units range from studio to 4 bedroom floor plans with square footage beginning at 698. The largest square footage is 27,191 square feet for a penthouse unit that spans over three floors. Sales for Aston Martin Residences began in 2020 and since then a majority of the inventory has sold. 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 is expected to be completed in 2022. If you or someone you know have an interest in purchasing at Aston Martin Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
$150 Million Miami Multisport Facility Project Moves Forward
Plans for the $150 million multi-sport facility is moving forward and has officially named its general contractor as well as its architect for the project. Destination Sport Miami will be developed by OHLA Building, a New York-based contractor, and Andrus Architecture in Rockford, Michigan as the architect.
Destination Sport Miami will be located at 11850 N.W. 22nd Street in western Miami-Dade County. At just over 20 acres, Destination Sport Miami will be considered one of the largest indoor sports complexes in North America.
There is nothing like Destination Sport in North America, according to Andrus Architecture, which has developed several ice rinks and office buildings. Multiple sports in the same structure will present a unique architectural challenge.
According to the Executive VP of OHLA Building, “We are looking forward to being part of Destination Sport Miami, an iconic and unique project that will have a significant positive impact on the South Florida community.”
As of May 2021, the plans for the facility were approved with a $2.94 million incentive deal with promises to create 229 jobs over a period of time.
One of the unique things about this facility is the names associated with the build. OHLA Building CEO, Bryan Trottier is also a Hall of Fame center for hockey, U.S. Women’s National Team coach Jill Ellis for soccer, All-Star forward Glenn Rice for basketball, and All-Star pitcher Livan Hernandez for baseball.
Destination Sport Miami will feature:
• 2 NHL-regulation ice hockey rinks
• Turf field for football or soccer
• 18 NBA-regulation basketball courts
• 22,500-square-foot esports arena with daily programming
• 36 volleyballs courts
• 11 USTA-regulation tennis courts
• 15,000-square-foot fitness center
• 50-meter Olympic pool
• 25-yard warm-water therapy and teaching pool
• Indoor surfing simulator
• Several restaurants and cafes
Andrus is still working with county officials on the building’s design, which includes the significant energy and water/sewer demands. The developer is planning a glass façade that collects solar radiation for energy efficiency. Once plans are approved, construction should begin in 2022.
Smart Brickell Tower 3 Coming Soon
Smart Brickell is one of the newest condo-hotel projects located in the heart of West Brickell. This mixed-use development will comprise three towers total that features 170 condos and 150 hotel rooms spanning over the three towers.
The most unique thing about the Smart Brickell Tower, besides its futuristic design, the smart technology is so advanced that it will set the stage for all pre-construction towers going forward. Some of the smart features include Lifx Wi-Fi enabled LED smart bulbs, Samsung’s digital home appliances, concierge app, and Nest thermostats.
Tower 1 rises 26 stories featuring 50 condos with 1 to 2 bedroom floor plan options. Floor plans will range from 558 to 1117 square feet starting at $318,000. The first 7 floors will feature a boutique-style hotel managed by Habitat Hotels with floors 11-23 will be condos.
Units will be fully furnished and finished. Top-off was completed in May 2021. The exterior is still will be completed with stucco and prime paint has started on the south facade. Interior drywall and framing is 90% complete.
Tower 2 will feature 50 condos as well as 50 hotel rooms with one to two-bedroom floor plans. Units will also be fully furnished and finished and can be rented up to 50 times a year on a short-term basis like Airbnb. Completion for tower 2 is anticipated for 2022.
Construction on Tower 3 will begin soon and will feature 20 condos and 100+ hotel rooms. These units will also be fully finished and furnished.
On the ground level, the development will feature 12,000 square feet of commercial space with retail, a cafe, and a restaurant.
Building Features
25 Story tower designed by the well-known architect, Hernando Carrillo
The building is Leed certified
One assigned parking space per unit in secured parking garage plus valet parking services
Electric car charging stations
24 Hour concierge and security services
The café is on the ground level
Stunning amenity deck located on the 8th floor with landscaped recreational area and expansive terrace
Resort-style pools with lap area and sun deck
In-water lounge chairs near a waterfall
Spa and wellness center
Fully-equipped business center on the 9th floor
Chic and spacious event room on the 10th floor
Sky fitness center located on the 24th floor
Lounge bar located on the 25th floor
Wi-Fi throughout the lobby and amenity deck
Residence Features
Renowned design firm, Arquitectonica Interiors, designed the units that take full advantage of every square foot
Each unit is equipped with smart, Wi-Fi enabled features to compliment the look and feel of the future of living including Nest thermostat, Lifx Wi-Fi enabled LED smart bulbs and Amazon echo/Alexa home and personal assistant
City-view terraces with floor-to-ceiling sliding glass doors
Every residence has the ease to always be in control from the comfort of their smartphone with the Concierge App
The kitchen will be fully equipped with Bosch and Samsung appliances and contemporary cabinetry
The penthouse is located on the 23rd floor and has 12-foot ceilings
Rosso Development and Standard International are Partnering to Bring a 228 Unit Condo Project to Midtown
In its very first partnership, Standard International along with Rosso Development are collaborating on a residential project that will bring a 12-story tower to the Midtown neighborhood of Miami, The Standard Residences Midtown Miami.
Sales are slated to begin on November 30. Arquitectonica and Urban Robot are collaborating on the project, which will be located on the southwest corner of Northeast First Avenue and Northeast 32nd Street across from a grocery store development that is currently under construction.
The Standard Midtown will feature 228 luxury condos ranging from 432 to 965 square feet of living space with studio to two-bedroom floor plan options. Prices will range from $329,000 to $829,000
Payment Structure:
Deposit 10% at reservation
Contract and Groundbreaking 20%
6 months after contract 10%
Top off 10%
Closing 50%
The units will feature cubby kitchens designed by Urban Robot, expansive terraces, and master baths with double showers. Unit owners will be able to rent their units for periods up to 30 days with exclusive benefits to friends and family.
Amenities:
35,000 square feet of amenities
10,000 square feet of retail space
Expansive lobby with lounge areas and a cafe
Rooftop restaurant
Bar
60-foot resort-style pool
Sweat room and fitness center
Indoor pickleball court
Yoga and stretch studios
Karaoke bar
Pet Spa
Party room
Carols Rosso, owner of Rosso Development has stated that this is his first major development since he left the Related Group. Rosso hinted at additional Standard-branded residential projects in the pipeline.
Standard International, currently operates 16 hotels in the United States and across the world and owns a waterfront hotel on the Venetian Islands in Miami Beach named the Standard Spa.
Construction is planned to begin next year and be finished by the middle of 2023. The site at 3100 Northeast First Avenue, as well as the air rights above the existing neighboring garage, are owned by Vadia’s Midtown Opportunities VIIIB LLC.
Notable Real Estate Developers Purchase the White House Inn Property in North Miami
Teddy Sagi and Jorge Pérez, Miami’s most notable real estate investors, have chosen their second South Florida property to invest in: the White House Inn at the gateway to North Miami. What once was a motel that opened its doors in 1969 later became a dilapidated building that saw many problems throughout the years, which later closed in 2014.
Along with BH Group, Pérez’s Related Group, and Sagi’s LabTech Investments Limited are teaming up to buy the waterfront property located at 2305 Northeast 123rd Street.
The 1-acre property is expected to be redeveloped into a luxury apartment complex that would cost around $85 million. Sagi and Pérez are expected to close on the $11 million sale next week.
The North Miami property was sold by a firm led by Mario Murgado, the owner of Murgado Automotive Group for $7.8 million in 2014. Murgado planned to demolish the White House Inn and replace it with a seven-story Ocean Cadillac dealership with a self-contained parking structure, top-floor showroom, and ground-floor restaurant.
Local residents were outspoken in their opposition to the dealership, fearing that it would bring a flood of traffic to the neighborhood. Later Murgado proposed an 11-story tower, Biscayne Harbour, that was approved by the city council but was never finished.
“One of those rare bayfront sites that’s gone underutilized for far too long,” and that the partnership plans to give North Miami “the entrance it deserves,” according to Pérez.
Not only is Pérez known for his work with the Related Group but he is a big player in the residential market as well. In July, he sold his Coconut Grovemansion for $33 million. Pérez also sold his Apogee Beach penthouse for $6 million.
Another Record Breaking Quarter for Miami Dade Real Estate with the Second-Highest Quarterly Home Sales in History
The Miami-Dade County real estate market is still on fire and we have the numbers to prove it. According to the Miami Association of Realtor’s, Miami-Dade County real estate has yet again broke another record for second-highest quarterly Home sales in 2021 quarter three. After last quarter’s record-breaking sales, this is of no surprise.
Sales, once again home sales have surged with a 35.5% increase compared to this time in 2020. Real estate sales are currently at 9,962 for this quarter with last year at 7,351. Single-family real estate transactions rose 2.2% (3,923 transactions) from last year with condo sales increasing by 72% (6,039 transactions).
Total home sales also jumped 40.2% from quarter 3 of 2020 at 9,962 transactions. It’s a large win for luxury condo sales with a sales increase of 199.1% with 643 transactions. Luxury single-family home sales increased at 67.3% for quarter three.
Median home prices have also increased for single-family home by 19% from $420,000 to $500,000 and condo median prices increased at 26.9% from $264,000 to $335,000.
Cash sales increased for Miami by 67.4% higher compared to the national figure. For closed sales, cash represented around 38.5% of those sales. This was a large increase compared to 2020 at 27.3%. For Miami condo sales, cash sales represented 47.1% and 25.1% for single family transactions.
Lack of inventory has been a continued barrier in the current market with single-family homes representing about 2.2 months of inventory and 4.3 months for condominiums. These numbers represent a strong seller’s market. Single-family home inventory decreased by 26.8% while condo inventory decreased by 43.1% compared to quarter two.
There are many variables to the continued increase in real estate sales. That includes low interest rates, restrictions lifted from traveling overseas, and lower pandemic restrictions in Florida have all aided in the surge of the real estate market.
Wynwood’s Hottest New Club Opens this Weekend-Mad Club
The newest luxury night club, Mad Club, brought to you by The Dirty Rabbit Group, will open their doors this weekend in Wynwood. Mad Club will one of the few night clubs in Wynwood that offer a luxury experience with bottle service.
The style of this new night club is like no other in Wynwood or Miami for that matter. As you enter, you’ll be greeted by a hostess in a white room with lined with crystal chandeliers, giraffe heads, and an expansive champagne bar.
Once out of the champagne bar, the hostess will lead you to your reserved area that resembles a large honeycomb. Upon looking out from your reserved area, the DJ booth looks exactly like a bee hive. There is nothing short of a bee and honey theme throughout the club.
“Become part of the honeycomb and see what the Queen has to surprise you every time” is what Mad Club’s website conveys and it does not disappoint.
Mad Club will feature two famous DJ’s, DJ Anastasia and DJ Walgee, and will spread out between Fridays and Saturdays. Those days are the only ones that Mad Club is currently open but depending on popularity, they may open additional days.
According to the owner, Andres San Martin, “It’s our mission to provide an experience that not only speaks to the lifestyle of Miami, by showcasing extravagant design and a vibe like no other.”
Not only will there be bottle service, there will also be complementary champagne. There will be a strict dress code for all. Reservations are required with general admission, hightop tables, and VIP tables.
Allure North Miami Tower Just Announced by Tate Capital
Plans for a mixed-use project in North Miami known as Allure North Miami has just been revealed. Tate Capital has brought forth plans for a conditional use permit to the city’s Planning Commission. The meeting was scheduled for November 2, 2021 and the current status of the conditional use permit has been released.
The site located at 1810 N.E. 146th Street features 2.11 acres. In an agreement with the city of North Miami, Tate Capital agreed to lease the property for 99 years at $100,000 annually. The developer has also requested a grant from the North Miami Community Redevelopment Agency for $15.2 million for infrastructure of Allure.
Jimmy Tate, a Tate Capital representative stated that they wanted something “unique and transformative” to showcase to residents that North Miami is the next city for urban development. Tate Capital wants to brand North Miami as a “new district” staring with Allure North Miami
Designed by Kobi Karp Architects, Allure will rise 20-stories and feature 360 apartments and 603 space parking garage. Around 8,429 square feet will be dedicated too retail with 36 apartments strictly for workforce housing.
Units will range from 608 to 1,411 square feet with studio to three bedroom floor plans. There will be around 30 studio apartments, 187-1 bedroom apartments, 132-2 bedroom apartments, and 11-3 bedroom apartments.
Amenities
Pool deck
Fitness center
Summer kitchen
Club room
Picnic areas
Package lockers
Elevated pedestrian bridge between tower and garage
If the project receives approval, the anticipated groundbreaking would take place in Spring of 2023 with a completion date of Winter 2024.
