Groundbreaking Announced for Waldorf Astoria Residences Miami
The Waldorf Astoria Residences Miami, which will be the highest residential structure south of New York City, is scheduled to break ground on October 27th, 2022.
The groundbreaking for the 100-story collection of 9 glass boxes in downtown Miami, is the result of an alliance between the New York and Miami-based developer PMG, the Toronto-based private equity firm Greybrook Realty Partners, and the international hospitality giant Hilton.
The 1,049-foot tower will rise at 300 Biscayne Boulevard, which will be located across from Bayfront Park at the northwest intersection of Biscayne Boulevard and Northeast Third Street.
360 individual homes will be included on the site, along with 205 bedrooms and suites in the five-star hotel.
The building will also contain 1,321 square feet of commercial and retail space, as well as parking for up to 694 cars and 350 bicycles.
The third cube, which is located towards the base of the tower, rotates in response to the pool deck, while the second cube, which is placed further to the east, forms an outdoor dining area for an expensive restaurant. The first cube rotates upward at street level to welcome locals and guests while supporting the entire tower.
Peacock Alley, a specialty restaurant, indoor/outdoor pre-function and event spaces, conference and boardrooms, a resort-style pool deck with private cabanas, a spa, and a fitness facility will all be considered signature areas.
Residences will feature the newest smart home technology with access to concierge services through a personalized mobile app. The app will have a comprehensive list of services, including the ability to make reservations for meals, 24-hour room service, spa and fitness services, house cars, access to valet service, package delivery, and dog walking.
Sales for the project began in March 2021 and sold 75% within the first 9 months. Now the project is sold out! The designer for the project is listed as BAMO.
The price of a residence begins at $1 million, and PMG Residential is in charge of sales and marketing.
Hilton Management Services will be in charge of running the Waldorf Astoria Residences Miami.
Demolition has already begun on the existing asphalt as well as field site borings being completed. Deep Soil Mix permit has been issued and work was started in July 2022.
The tower is expected to be finished in 2025.
If you or anyone you know has an interest in acquiring it, contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
North Bay Village Approves 7.3 Million Square Foot Development Project Featuring 1,936 Residential Units
Sunbeam Properties, the proprietor of WSVN Channel 7, has a 7.3 million square foot redevelopment plan that has officially been approved by the North Bay Village Council. The special area plan for a 12.9-acre site covering 1400, 1401, 1415, 1600, and 1601 79th Street Causeway, as well as 155 and 1624 North Bay Causeway, was approved by the Village Council on a 3-2 vote early on Wednesday.
A 300-room hotel, 1,936 residential units, 200,000 square feet of office space, 670,000 square feet of retail space, 117 units of workforce housing, and around 5,000 parking spots are all included in the development plan. Additionally, there would be 84,366 square feet of public space, including a half-mile pedestrian walkway known as the “island walk” that would be surrounded by restaurants and stores. A marina would also be a part of the project.
The project’s highest structure would be 650 feet tall. To lessen the number of shadows cast upon the smaller dwellings, the structures closer to single-family homes would be smaller. Buildings north of the project would be taller and would rise 240 feet in height south of the causeway.
The offices and studios of WSVN will eventually be relocated as part of the construction. WSVN and Sunbeam Properties are owned by the multibillionaire Ansin family.
The project’s first phase, according to Ansin, would be built south of the causeway and will have 500 to 600 apartments spread across two buildings, along with a restaurant, grocery store, and other retail space that may house an urgent care facility or a daycare. Sunbeam Properties must apply for building permits for the first phase within two years in accordance with its development agreement with the village. The first renters, according to Ansin, should move in within five years.
As the Ansin family celebrates the 60th anniversary of running WSVN in North Bay Village, CEO Andy Ansin admitted that this was an emotionally charged decision for him. He has visited that studio ever since he was a youngster.
Although Ansin said the initial concept wasn’t for redevelopment, Sunbeam Properties over time purchased surrounding lands. According to Ansin, the first purchase was made to stop a strip club from being built next door. It bought a nearby office complex so the TV station would have more parking.
Ansin discovered North Bay Village had potential after having experts from the University of Miami School of Architecture do research on future renovation. However, it necessitated moving the TV studio.
Ansin stated that he is still looking for a new studio for WSVN. He emphasized that it would require plenty of parking, hurricane-resistant construction, and backup power generation.
PlusUrbana, a firm based in Miami, is the project’s architect. Attorney Ian DeMello, who is headquartered in Miami, is the developer’s representative.
New Development Announced in Wynwood-The Rider
The Rider, a new project in Wynwood, has just had its designs submitted to the Wynwood Design Committee. The Rider will be a mixed-use upscale rental development that will rise 12 stories tall.
Spanning over 131 luxury units with a total leasable area of 104,625 square feet for the units and 6,000 square feet for ground-floor retail. The Rider will also include 146 garage spaces.
The Rider is situated at the intersection of Miami’s hip and developing Wynwood and Midtown neighborhoods, at 94 NE 29th Street, Miami, Florida on 0.56 acres. Residents will be able to scooter to their preferred locations, such as the Wynwood Walls, trendy shops and restaurants with a variety of flavors, and the shops at Midtown Mall, as well as a stroll to a prospective train station that may be only 85 yards away.
The Rider will have excellent access because it is about a 5-minute drive from the Miami Design District’s world-class shopping and from Interstate 195.
Tower Features
Rooftop Pool
Pool deck
Dog Park
Private hangout area
Resident’s lounge
Cutting-edge gym
Art and Photography by Morrison Hotel Gallery
Rooftop food service establishment that will be open to the public and be serviced by separate elevators
The developer is listed as the Rilea Group with Wynwood Deforma Studio listed as the architect.
On October 12, there will be a hearing before the Wynwood Design Review Committee to continue discussions about the new development.
Related Group and Two Roads Propose New 24 Story Tower-The Residences of Bal Harbour
The Related Group and Two Roads Development are partnering to create a new condominium project in Bal Harbour, The Residences of Bal Harbour.
The developers paid $135.2 million for an existing 88-unit condo tower and land located at 10245 Collins Avenue.
The proposed tower is expected to rise 24 stories tall featuring 61 luxury residences and 160 parking spaces which will be located in the basement of the tower.
Residence Features:
Waterviews from each residence
Wraparound balconies of each residence
3 to 5 bedroom floor plan options
3,258 to 4,754 square feet
High-impact floor-to-ceiling glass windows and sliding glass doors
Tower Features:
Separate ground floor, state-of-the-art fitness center
Ground-floor restaurant
Rooftop pool
Rooftop bar
Groundfloor pool
Private beach access
CFE is listed as the architect for the project with Skidmore, Owings & Merrill as the designer.
The Architectural Review Board is scheduled for October 6 to review an updated proposal for The Residences of Bal Harbour.
The Constellation Group and Boschetti Group Propose a 15 Story Luxury Tower in Coral Gables
A 15-story, mixed-use luxury rental property is now being proposed by the Constellation Group and the Boschetti Group in Coral Gables, located at 4241 Aurora Street.
The proposals will be reviewed by the city’s development review board on Friday, according to Constellation Group Principal Eduardo Otaola. Approximately 70 apartments, 20,000 square feet of office space, 10,000 square feet of retail space, and a 5,000 square foot park would be present at the development site.
The location, which takes up an entire city block, is located west of Ponce de Leon Boulevard and immediately north of the Nordstrom shop at Brookfield Properties’ Merrick Park mall.
The project’s architects are listed as Bernardo Fort-Brescia and Raymond Fort of Arquitectonica, who were chosen by the Miami-based Constellation and Coral Gables-based Boschetti. According to Otaola, the design is the Mediterranean with an “innovation” twist because the location is located within the city’s Design and Innovation Overlay District. The building’s creators are aiming for a Mediterranean-inspired addition.
According to Otaola, they met with the neighborhood to obtain input on the designs and are proposing the taller building in exchange for the park.
According to the developers’ proposal, Constellation and Boschetti are requesting a transfer of development rights at the meeting on Friday that will add 26,000 square feet to the floor area ratio and offer remote parking for around 60 of the 200 required parking places. The developers are being defended by Greenberg Traurig’s lawyer Jorge Navarro.
At 4225 Ponce de Leon Boulevard, an adjacent office and retail complex is also being built by Constellation and Boschetti. It’s anticipated that construction will begin then.
Constellation is expected to close on its share of the property at 4241 Aurora early next year. Property records show Brookfield Properties sold the 0.7-acre site to a Boschetti affiliate in January for $6.1 million.
After going before the development review committee, Otaola said the project will be heard by the Coral Gables Board of Architects. He intends to break ground by the second or third quarter of next year.
Just east of Merrick Park and south of Bird Road in Miami, a number of apartment complexes have already been completed or are in the planning stages. The Watermark at Coral Gables on LeJeune Road and Belmont Village Senior Living next to the Collection dealership are two other high-end senior living projects that developers are currently working on to the north and south of the mall.
According to public records, Boschetti also owns a site close to the Watermark project.
The LifeTime-branded mixed-use multifamily development at 237 South Dixie Highway in Coral Gables was purchased by Hines for $430 million in August.
Invite Only New Construction Luxury 50 Unit Condominium to Break Ground on Fisher Island Miami
The Related Group is making waves in South Florida with their newest condominium project on the exclusive Fisher Island. The invitation only condo tower would include 50 luxury residences with a select number of penthouses.
The wealthy have long made Fisher Island, which is located at the confluence of Biscayne Bay and the Atlantic Ocean and is a seven-minute ferry trip from Miami Beach.
Oprah, Julia Roberts, and Mel Brooks are all known to have lived on Fisher Island in the past. The enclave has also received some accolades: Bloomberg found in April 2018 that Fisher Island, with an average income of $2.5 million in 2015, was America’s wealthiest ZIP code.
According to Jon Paul Perez, Related’s President stated, “We are currently working with our sales teams to develop our list of VIPs. People can live their entire lives on the island and, as such, develop close relationships with neighbors and fellow residents. That’s the feeling we want to create at our job. We want our buyers to get to know one another, and forge close friendships that elevate this beyond just another one of their homes.”
The proposed condo site, which is the last developable parcel on the 216-acre island, was just purchased for $122.6 million by Related Group, billionaire tycoon Teddy Sagi, BH Group, and Wanxiang America RE Group.
When the unnamed property is finished, units will cost about $30 million, while penthouses will cost more than $60 million.
Project Details:
3 to 5 bedroom residences
Membership to Fisher Island Club
Golf course
Tennis facilities
Marinas
The project’s architect is listed as Kobi Karl with interiors by Tara Bernerd and Partners.
Sales are expected to begin at the end of 2022 with construction anticipated in quarter 4 of 2023.
St. Regis Residences Sunny Isles Beach Reaches $700 Million in Sales in 6 Months
The St. Regis Residences, Sunny Isles Beach, Miami’s developers are pleased to report that sales of the exquisite property have exceeded $700 million in just six months, reflecting the overwhelmingly positive response it has received from buyers worldwide.
The St. Regis Residences, Sunny Isles Beach, envisioned as a private residential resort with a vast array of health, culinary, and entertainment services totalling over 70,000 square feet, is poised to be the tallest residential structure on the ocean in South Florida.
In a magnificent location, where skyline-defining architecture, avant-garde design, impeccable craftsmanship, and hallmark St. Regis service and rituals combine to offer a singular experience of seamless luxury.
The two towers will be referred to as the north and south towers. The south tower will have 194 units that range from 2 to 4 bedroom floor plans including a selection of penthouses. The North tower is planned to feature 180 residences but sales will launch at a later date.
Residence Features:
Spacious floor plans boasting unobstructed ocean, city, and Intracoastal views
Ceiling heights clearing 10ft in regular units and 12ft in penthouses
Fully finished with flooring and closets
Private elevator and entry foyer in all residences
Service elevators
Italian designed kitchens with Quartz countertops
Miele appliances including wine cooler
Walk-in closets in all primary bedrooms
Laundry rooms with full-size washer and dryer
Smart home technology ready
Service quarters in select residences
Full floor residences with spacious floor plans
East and West terraces with pool on the east
Spacious terraces with luxurious private pool and jacuzzi
Summer Kitchen
Custom-designed Italian cabinetry
Graciously appointed primary suits and separate service quarters with separate entrance
Stunning, 360-degree views of the Atlantic Ocean and Intracoastal Waterway
Indoor BBQ
Indoor/Outdoor living space
Tower Amenities:
Managed by the St Regis Hotel Company, without hotel premises.
Grand entry driveway and 2-story porte-cochere
Impressive two-story lobby
10 Guest Suites per Tower
Concierge Services
Pet-friendly and much more
Private beach facilities
Oceanfront and sunset pools
A signature restaurant
Wellness center
Spa
Athletic club
The construction plans show 1,000 parking spots available for residents and the starting price for units begins at $3.5 million. The project is expected to begin in 2023 and be delivered in 2026.
If you or someone you know have an interest in purchasing at St. Regis Residences Sunny Isles Beach, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
In July 2022, the developers, Mast Capital received approval from the FAA for the height allowance for the towers. On September 9, the contractor Moss Construction applied for a foundation work permit.
A second permit was filed on September 12th for the other 2 towers for foundation work. The county also issued a dewatering approval that is needed for the foundation work as well. Dewatering would include the removal of groundwater as well as from surface area.
Cipriani Residences Miami will feature 3 luxury towers spanning over 2.8 acres, located at 1420 South Miami Avenue in Miami’s renowned Brickell area, which will represent the famous brand’s elegant design and exceptional service.
The largest Cipriani tower will rise 80-stories and will feature 397 one to four-bedroom units with views of Biscayne Bay, Brickell skyline, and Simpson Park. The 2 smaller towers haven’t been revealed yet but will rise 59 stories and 50 stories tall.
Mast Capital paid $103 million, marking this transaction as one of the largest in Miami-Dade in 2021.
Cipriani is currently working with Mast Capital and Arquitectonica to bring this luxury building to life. Not only will the tower feature luxury amenities, but each residence will offer custom finishes and gorgeous designs.
Residence Features
• Generous living areas with ceiling heights of 10 feet • Floor-to-ceiling sliding glass doors and windows with magnificent panoramic views • Terrace access from the living room and primary bedroom of every residence • Gracious walk-in wardrobes in every primary bedroom • An exquisite selection of flooring options included • Direct elevator entry for select residences • Eat-in, open kitchen with custom Italian cabinetry inspired by Cipriani’s renowned style • Top-of-the-line appliances from Wolf Sub-Zero, including cooktop, integrated refrigerator, freezer, wine cooler, and dishwasher • Primary bathrooms with grand, stand-alone bathtubs and glass-enclosed showers; vanities with premium Italian cabinetry, imported stone tops, back-lit mirrors; separate room with water closet • Spacious laundry rooms with full-size washing machine and dryer, with a utility sink in most residences • Individually controlled, high-efficiency central air conditioning and heating systems, with linear diffusers in main areas to ensure seamless integration • Innovative smart technology infrastructure that enables home automation • Intelligent interface system for essential building services such as concierge, valet, and security
Cipriani has disclosed that the residential tower would have sophisticated, resort-style amenities for its inhabitants, as well as traditional design features popular at Cipriani restaurants worldwide.
Tower Amenities
• Exclusive private entrance with lush landscaping and elegant porte-cochère • Dramatic lobby leading to two banks of high-speed, touchless elevators • Signature private dining experiences by Cipriani • In-home dining and 24-hour catering services by Cipriani, exclusive to residents • Private dining rooms available for reservation, catered by Cipriani • Elevated resort deck with two swimming pools, a blissful outdoor spa, poolside cabanas, and a beautifully landscaped sun terrace • Poolside food and beverage services catered by Cipriani • Holistic spa with sauna and treatment rooms • Luxurious residents’ lounge for special events and intimate gatherings • State-of-the-art fitness center • Golf simulator • Pickleball court • Private salon available to be reserved for personal beauty services • Screening room with cutting-edge audiovisual equipment • Serene and spacious residents’ library • Engaging children’s playroom • Elevated four-level wellness center and lounge overlooking the Brickell skyline • Pet-friendly community with dog park • High-speed internet access across all public areas • Electric vehicle charging stations available • Air-conditioned storage rooms
If you or someone you know have an interest in purchasing at Cipriani Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
New Luxury Bayfront Development Revealed in Edgewater-Vida Residences
A new condo development has recently been revealed for Edgewater, Vida Residences. Vida Residences will encompass a Euro design that embodies luxury through every detail including its interior with beige tones, floating chandeliers, and all the amenities a luxury condominium has to offer.
Rising 9 stories tall, Vida Residences Edgewater will feature 121 fully finished and furnished units. One of the more enticing features includes the allowance of short-term rentals. There will no rental restrictions and residents will be allowed to rent on a short-term basis through hosting platforms such as AirBnb and VRBO.
The building will feature over 22,000 square feet of amenities.
Building Amenities:
Expansive rooftop tranquility pool with jacuzzi
Cabanas
Grilling stations
Private rooftop restaurant/bar
Breathtaking vistas of Biscayne Bay
State-of-the-art fitness center Convenient juice and coffee bar
HiTech co-working center 24/7 security services
Controlled property access with 24/7 concierge services
The developer for this project is listed as Urbana with Kobi Karl as the architect and interiors by Euro Design Group. The Groundbreaking is scheduled for the spring of 2023 and completion in 2024. Units start at $300,000.
Two Roads Development Launch Sales on 3 Tower Project- Edition Residences
Two Roads Development has just announced the launch of a 3 tower development designed around the Edition branding, Edition ResidencesEdgewater, with sales launching for tower 1.
With Marriott’s global reach, operational know-how, and size, this brand offers the personalized, intimate, personalized, and distinctive accommodation experience for which Ian Schrager (owner and operator) is renowned.
The Edition brand not only includes excellent design and genuine innovation, but also individualized modern service, and exceptional, one-of-a-kind food, beverage, and entertainment options.
Previously called Biscayne 21, the Edition project located at 2121 N. Bayshore Drive feature 185 condo units with pricing starting at $1.7 million. With 2 of the towers still being planned, it is unknown whether they will also have the ‘Edition’ branding.
Twos Roads Development is also responsible for Biscayne Beach and Elysee towers. Arquitectonica is listed as the architect.
In May 2022, Two Roads paid $150 million for the site which included Biscayne 21, a 191-unit tower currently on the site.
If you or someone you know have an interest in purchasing at Edition Residences Edgewater, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.