Construction Update for Two Riverside Tower in Brickell
In the heart of Miami’s Brickell neighborhood, a new chapter in architectural excellence is unfolding with the planned construction of the Two Riverside Tower. This 59-story edifice is not merely a building; it’s a “signature development” that promises to invigorate the Miami Riverfront with its public riverwalk and ground-level commercial spaces, as per the developer’s representative.
Adjacent to this site, the Lofty Brickell project is already taking shape, with its twin towers of 43 and 44 stories, housing 784 residential units, at the One Brickell Riverfront site.
The Two Riverside Tower is ambitiously designed to house 169 residential units, 1,090 square feet dedicated to commercial space, and shared parking facilities with Lofty Brickell.
The proposed riverwalk, an integral part of this development, will extend over 10 feet in certain areas, as revealed in the project filings.
In a significant step forward, the Federal Aviation Administration (FAA) has granted approval for the tower to reach a height of 731 feet above ground, or 733 feet above sea level. This approval addressed to NGD Riverfront LLC in Miami, came through in October 2023.
The Miami River Commission’s Urban Infill and Greenways Subcommittee has already reviewed the proposal on October 16. The full Commission is poised to deliberate on the proposal on November 6.
For the discerning hedge fund manager, Two Riverside represents more than an architectural marvel; it is a beacon of investment potential and urban development. This project not only promises a revitalized riverfront but also signifies the strategic growth and dynamism of Miami’s real estate market.
Nexo Residences Breaks Ground in North Miami Beach
In the heart of North Miami Beach, Fortune International Group, in partnership with Blue Road, has embarked on a groundbreaking venture: the Nexo Residences. This 15-story luxury condominium project, located at 13899 Biscayne Boulevard, is poised to redefine urban living with its innovative home-sharing capabilities.
The architectural brilliance of Frankel Benayoun Architects Inc., combined with insights from the globally acclaimed architect Carlos Ott, has shaped the design of Nexo Residences. Furthermore, the interiors, common areas, and landscaping have been meticulously crafted by Urban Robot. The development boasts 254 fully furnished residences, allowing homeowners unparalleled autonomy in their property’s utilization. These residences range from cozy studios to expansive four-bedroom townhomes, with sizes varying from 531 to 2,190 interior square feet. With prices commencing from the mid $600s, this project offers a diverse portfolio for potential investors.
Edgardo Defortuna, the CEO of Fortune International Group, expressed his enthusiasm, stating, “Nexo Residences has garnered significant attention from global buyers and investors. Its strategic location, coupled with top-tier amenities and the unique opportunity for homeowners to lease their units, aligns perfectly with Fortune’s vision of pioneering projects that consistently exceed expectations through innovation and meticulous attention to detail.”
The name “Nexo,” translating to “nexus” in Spanish, encapsulates the essence of this project. It serves as a pivotal junction, bridging crucial elements and making it an attractive proposition for short-term renters in this burgeoning submarket. The rental flexibility, complemented by a professional management team overseeing operations, enhances its appeal for potential investors.
Jorge Savloff, CEO of Blue Road, highlighted the strategic advantage of the location, emphasizing its proximity to iconic South Florida attractions like the Bal Harbour Shops, Aventura Mall, and a plethora of upscale dining and entertainment venues. He added, “Nexo Residences offers a more family-centric alternative to the bustling tourist hubs of Miami, ensuring a comprehensive and enriching experience for all.”
The amenities at Nexo Residences resonate with the South Florida vacation spirit, catering to both work and leisure. Features include a grand three-story arrival lobby, a state-of-the-art tech hub with coworking spaces, a lavish pool deck, fitness facilities, and a rooftop observatory deck offering panoramic southern vistas. Additionally, entertainment options abound with an outdoor cinema, a versatile clubroom, and a dedicated children’s play area.
An added allure for international investors is the property’s EB-5 designation. This provides a golden opportunity for foreign nationals to embark on the path to U.S. citizenship by investing a minimum of $800,000 in Nexo Residences and adhering to the stipulations set by the United States Citizenship and Immigration Services (USCIS).
Strategically positioned, Nexo Residences offers proximity to business and leisure hubs like Bal Harbour, Aventura, and Sunny Isles. Its location on Biscayne Boulevard, near the Intracoastal Waterway, and equidistant from major airports, further accentuates its appeal for global investors.
Nexo Residences presents a compelling investment narrative blending luxury, flexibility, and strategic location into a package that promises significant returns.
SB Developments Releases Renderings for 55 Story Edgewater Project
In the heart of Miami’s Edgewater neighborhood, a new architectural masterpiece is set to redefine the city’s skyline. Located at 419 Northeast 19th Street, this 55-story tower is a testament to modern design and strategic investment.
The project, occupying a 14,190-square-foot triangular plot near the iconic Margaret Pace Park and Biscayne Bay, is a collaboration between the renowned New York-based architectural firm, Fogarty Finger, and a joint venture of SB Development and Hazelton Capital Group. With a towering height of 641 feet, this development will not only be a significant addition to Miami’s skyline but also a beacon of luxury living.
The tower will house 463 upscale residential units within its 553,673 square feet of space. Residents will have access to a number of luxury amenities spanning three levels, including a rooftop pool, sky lounge, state-of-the-art fitness center, and a game room. Additionally, the building will feature an indoor parking facility with a capacity for 172 vehicles.
The design of the tower is a testament to Fogarty Finger’s expertise in crafting architectural wonders. Known for their iconic designs in New York, such as The Dime and 141 Willoughby in Brooklyn, their entry into the Miami market is marked by a structure that captures the essence of its surroundings. The tower’s design, characterized by its slender and curved profile, boasts curved corners, striking horizontal lines, and a pristine white stucco finish. The wraparound balconies with glass handrails and floor-to-ceiling glazing ensure that residents enjoy panoramic views of the city.
A unique feature of this tower is its base and crown, which share a cohesive design language. The facade is adorned with sections of long, narrow horizontal openings screened with aluminum. The crown, however, stands out with its elegantly curved motif that extends from the rooftop slab, adding a touch of sophistication.
The residential units within the tower cater to a diverse clientele, ranging from studio units of 403 square feet to expansive 4-bedroom units spanning 2,322 square feet.
The current site, known as Parcel B, houses an older condo building set for demolition. The new tower will be integrated with the adjacent property, the Cite’ on the Bay Condominium, enhancing the overall value of the area.
However, the developer is seeking several waivers in connection with the project, primarily due to the unique shape of the lot and to ensure efficient vehicular traffic. These waivers include reductions in setbacks, drive aisle width, parking stall length, and the total number of required parking spaces, among others.
With its modern design, luxury amenities, and prime location, it promises to be a jewel in Miami’s real estate crown.
New Renderings Revealed for St. Regis Residences Miami Sales Gallery
New interior renderings of The St. Regis Residences Miami have just been revealed. The Residences, which will be situated in the upscale South Brickell district, will tower 50 floors above the waterfront of South Brickell and provide a distinctive experience and design to the St. Regis brand.
The skyscraper was meticulously cultivated and maintained by a visionary team, including architecture by the prestigious Robert A.M. Stern Architects and interiors by the famous Rockwell Group. It was developed by Related Group along with Integra Investments.
All 152 of the units have access to more than 50,000 square feet of indoor and outdoor amenities, as well as magnificent views of the water and other world-class amenities.
There will be luxurious finishes throughout the two to six-bedroom units with large walk-in closets, spa-like bathrooms, and other amenities featured in the grand floor plans, which also have private elevators and entry foyers. Top-of-the-line Sub-Zero and Wolf appliances, custom Italian cabinetry, and imported natural stone worktops and backsplashes are all included in the kitchens. Additionally, every luxury unit will offer expansive views of Biscayne Bay and the glistening Brickell skyline.
The structure is surrounded by rich landscaping created by the renowned Swiss design company Enea Garden Design in park-like surroundings. Deliveries to homes, a house car that is kept on-site, a shoeshine service, and other special arrangements are just a few of the signature butler services that round out the lifestyle experience.
If you or someone you know have an interest in purchasing at St. Regis Residences Miami, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at (786)247-6332.
Lalezarian Properties Releases Renderings for New Towers at Miami Worldcenter
The entire vision for Miami World Towers, a massive mixed-use project slated to drastically transform Block E within the 27-acre Miami Worldcenter complex in downtown Miami, has been revealed in new renderings and site plans. This project, which consists of four buildings and is expected to further transform the Miami skyline, was created by Nichols Architects with Kimley-Horn serving as the landscape architect. Miami World buildings LLC, an associate of Lalezarian Properties, is the project’s developer.
The recently released designs and images feature a 25-story North Tower, a 68-story South Tower, a 68-story West Tower, and a 557-unit East Tower, The East tower is presently under construction. It is anticipated that these new towers will add about 2,137,110 square feet of space, including 2,040 residential units, amenities, and 810 extra parking places. The four towers will produce 2,600 residential units and 3 million square feet of space. On September 20th, Miami’s Urban Development Review Board is scheduled to examine the proposal.
According to the renderings by Nichols Architects, the four-tower complex will be extremely dense and take up nearly the entire block. The facades will vary and include Miami’s first examples of many architectural styles. Tower 3, despite being significantly taller, follows the same design aesthetic as Tower 1. It has floor-to-ceiling glass windows, elegant silver aluminum frames, and glass balcony handrails that enhance the façade while subtly highlighting the superstructure’s distinctive wave-like concrete balcony slabs. This beautiful mix highlights the tower’s characteristic exterior curves, giving the impression that the edifice is moving.
On the other hand, Tower 2 introduces a series of white diagrid aluminum-clad columns for both its 25-story and 68-story tower facades, featuring diamond-shaped patterns between the columns, various chamfering edges, sections of staggered slabs, and glass curtain walls. This design is reminiscent of the Foster + Partners-designed, 46-story Hearst Tower in New York City, as well as an office tower Hines has planned for their Miami Worldcenter site.
The Miami World Towers’ units will come in a range of floor plans, with sizes from 380 to 1,286 square feet and comprising studios, one-bedroom, one-bedroom with a den, two-bedroom, and three-bedroom designs. The majority of amenities will be located on the 14th floor, while rooftop pools can be found on levels 65 and 66 of the two larger towers.
Miami World Towers, which strategically places more than 2,000 residential apartments close to a number of Metromover and Metrorail stations, adds to the city’s urban appeal by providing inhabitants with easy access to Miami’s enormous public transit system. The property includes 2,994 square feet of commercial space on the ground floor, which adds to its attraction by enhancing the streetscape and promoting a lively pedestrian environment.
Additionally, the proposal places a high priority on pedestrian connectivity by constructing a publicly accessible promenade that effortlessly directs people from NE 8th Street to the opulent lobby of Tower 2. The Miami Worldcenter Promenade is accessible to locals and guests via this lobby connection that extends to a pedestrian paseo. This ground-breaking promenade, created especially for pedestrians, connects Biscayne Boulevard and the larger Miami Worldcenter Area in a busy east-west corridor, further enhancing the project’s role in encouraging vibrant urban interactions.
Dolce & Gabbana Partners with 888 Brickell on 90-Story Residential Tower
Dolce & Gabbana debuts its first real estate project in Miami at 888 Brickell Avenue in Downtown Miami. Designers Domenico Dolce and Stefano Gabbana ‘selected’ the condominiums, which come in several marble selections and colors.
Michael Stern, CEO and founder of the developer JDS Development Group stated that the involvement of the fashion house in residents’ daily lives will go beyond the structure of the one- to four-bedroom condos and/or the building’s opulent amenities. Instead, each of the 259 homes will have a full “curation” of everything inside.
The three color schemes include: white with Bianco Striata Marble, black with Nero Marquina Marble, and gold with Giallo Imperiale Marble.
According to Stern, the homes include “very elaborate marbles, amazing light fixtures… and an incredibly luxurious palette.” People have a lot of freedom to make from the options for their units.
The building was designed by Studio Sofield, the same company that also worked on notable projects like New York’s rail-thin Steinway Tower, and depictions show opulent details like Venetian chandeliers and freestanding bathtubs in front of expansive ocean views.
The company’s CEO, Alfonso Dolce, indicated that the ultimate objective is to become “ambassadors of ‘Made in Italy’ in the world” and to expand “the perimeter of the company’s activities with a view to an all-round lifestyle experience.”
The amenities that are often found in high-end buildings, such as restaurants, bars, fitness centers, shared offices, and conference rooms, will be available to 888 Brickell residents. Additionally, there is a 4,000-square-foot pool deck with a 44-foot pool and views of Miami Beach, Biscayne Bay, and the Atlantic Ocean.
The most luxurious condos will cost more than $35 million, with prices starting at about $3.5 million.
Dolce&Gabbana is not the only luxury brand investing in Florida in this way. Bentley and Porsche, two Volkswagen Group-owned car companies, have also built towers along the state’s coastline, while Armani provides residents with access to a private beach from its skyscraper.
Meanwhile, the number of fashion industry leaders opening branded hotels throughout the world has increased recently. Examples include Bulgari, Versace, and Roberto Cavalli. They do this by drawing on their well-established aesthetics and identifiable designer brands.
New Residential Tower Announced in Brickell
Chicago-based developer Focus has recently released renderings for a new 39-story residential tower in Brickell. The abandoned Starlite Motel land in Brickell is where the residential tower will be built. The Starlite Motel has already been demolished in preparation for construction.
On August 30, Miami-Dade County received the zoning and general plan applications. The project is being approved through the county’s Rapid Transit zoning procedure, which has grown to be a popular substitute for the City of Miami approval procedure. From a pre-application submission on August 4, renderings have been revised. Gensler is the architect.
Development Information:
517 residential units
8,282 sq. ft. of ground floor
indoor/outdoor and rooftop amenity space
506 parking spaces
According to a letter from the developer, the project also has cross-block connectivity on the ground floor via a driveway and walkway on the west side of the property, which will enhance both vehicular and pedestrian circulation inside and outside the development.
New Restaurants to Open at Miami Worldcenter in 2024
The long list of tenants at Miami Worldcenter, a $6 billion, 27-acre mixed-use complex remaking the center of Downtown Miami, will grow by four national food and beverage concepts.
A dual-concept location for BurgerFi and Anthony’s Coal Fired Pizza & Wings has been signed by the development’s ownership group, as well as leases with Serafina, an internationally renowned Italian restaurant group founded in New York City; Sixty Vines, a sustainable restaurant with an exciting wine-on-tap program and food inspired by vineyards.
The development’s exceptional lineup of recently opened food and beverage outlets, which already includes three concepts from Michelin-starred Chef Michael Beltran of Ariete Hospitality Group’s Brasserie Laurel, Chug’s Express, and El Vecino Cigar & Cocktail Bar, as well as two more eateries anticipated to open soon, Earls Kitchen & Bar and Chicago’s Maple & Ash, will be strengthened by the development’s newest restaurants, which are anticipated to open in 2024.
The 300,000 square feet of retail, dining, and entertainment space at Miami Worldcenter, one of the largest privately owned and developed urban real estate developments in Florida, complement the diverse mix of residential, commercial, and hospitality uses that it offers. Approximately 84% of the retail space in the property is leased. In collaboration with CIM Group, Miami Worldcenter is being built by master developers Miami Worldcenter Associates, headed by Managing Partners Art Falcone and Nitin Motwani.
Ten city blocks make up Miami Worldcenter, which is next to Museum Park, home to the Frost Museum of Science and Pérez Art Museum Miami, Adrienne Arsht Center for the Performing Arts, and Wolfson Campus of Miami Dade College. Miami Worldcenter is the largest and best-connected transit-oriented development in Florida thanks to its proximity to Brightline’s MiamiCentral station, which provides direct train service to Fort Lauderdale, West Palm Beach, and Orlando and access to Tri-Rail, the Metromover, and the Metrorail.
Demolition Permit Filed for Mohawk at Wynwood
Mohawk at Wynwood’s developers file for demolition permit along with updated plans in an effort to quickly begin site preparation for the mixed-use project
The plans for Mohawk now include 35 more units totaling 260 residential units, 20 of which will be two-story lofts. There will also be 335 parking spaces, 1,500 square feet of retail space, and 31,000 square feet of private offices as additional additions. Electric vehicles will receive a 25% allocation.
Mohawk’s design brings the edginess of local artist’s murals and modern steel framing to create a master piece that targets young entrepreneurs.
Building Features:
12-story building
225 residences
3,500 square feet of office space (for residents only)
22,000 square feet of retail space
Designed by Deforma Studios
1, 2, and 3 bedroom unit options
Building Amenities:
Rooftop pool
Bar
Lounge
Chef’s dining room
Children’s room
Game room
2-story gym
Yoga room
Dog park
Outdoor greenway
The development will be sited on a 1.5-acre build site with rooftop pool, fitness facility, dog park, indoor yoga studios, and other amenities are available to residents. Additionally, The Rider at Wynwood, a 131-key hotel/apartment intended for short-term rentals, will be close by.
Both projects were created by Rilea Group. Jaxi Builders is in charge of demolishing Mohawk in Wynwood, and DeForma Studio is in charge of the design. The exterior of Mohawk at Wynwood will emulate metal-accented Chicago brick facades. Mohawk in Wynwood is located at 50 N.E. 29th Street, Miami, Florida 33137.
