The Markers Grove Isle has officially launched pre-sales to friends and family. The luxury waterfront development, which will be located at 4 Grove Isle Drive in Coconut Grove, will rise 7 stories and have just 65 bespoke residences, each showcasing Miami’s most expansive bay views with up to 65 feet of linear water frontage. All residences will feature private elevators with digital security, high-end kitchen appliances by Wolf and Sub-Zero, Italian kitchen cabinetry by Boffi®, ceiling heights of 11 to 12 1/2 feet, 8-foot high Italian interior doors, customizable smart home technology, His and Hers walk-in closets, outdoor summer kitchens, terraces with a minimum depth of 15 feet, custom baths complete with soaking tubs and rain showers, and more.
Buyers will be able to choose from 3 and 4 bedroom floor plans. The state-of-the-art layouts will offer a seamless indoor and outdoor transition, making sure you never lose sight of the magnificent views. The Markers will also include an art lobby, business center, fitness center, and a whole lot more of amenities – taking luxury to the next level while providing a unique lifestyle only found on Grove Isle.
The Markers will also include 14 two-story penthouses, each featuring an expansive rooftop deck with private infinity-edge pool, full summer kitchen, and spacious entertainment areas.
No word yet as to a projected groundbreaking date or completion date, but we’ll be sure to let you know as soon as we find out!
Want To Be The First To Try Out The Restaurant At Paraiso Beach Club?
Last week, we were excited to bring you a photo preview of Amara at Paraiso, the Michael Schwartz-owned waterfront restaurant at Paraiso Beach Club. This week, we can help you to be the first to try it!
Debuting the new bayfront eatery in proper Miami style (just ahead of condo closings and during Art Basel), Mr. Schwartz is opening for a special pop-up experience December 6-9. Dinner seatings are available from 7-9:30pm each night by reservation only.
Guests at Amara at Paraiso will dine on a special preview menu that includes snacks, cocktails, wine, beer, and four courses that are served family-style. The cost is $189 per person. Below is a peek at the menu, and you can reserve your spot here.
If you would like to move to Paraiso, price ranges include:
Paraiso Bay: SOLD OUT, closings begin January 2018 One Paraiso: Four bedroom penthouse available for $2.85M. Expected completion March/April 2018. GranParaiso: Two bedroom plus den plans from $978k, three bedroom plus den plans from $1.33M, four bedroom plus den plans from $1.67M, penthouses from $2M. Estimated delivery April/May 2018. Paraiso Bayviews: One bedroom plans from $570k, Two bedroom plans from $630k. Estimated delivery March/April 2018.
Paraiso Bay Homes: Prices from $2M, closings begin early 2018.
One Thousand Museum Construction Update: Cladding Panels Have Arrived!
For those who are curious about how and when the exoskeleton on Zaha Hadid’s One Thousand Museum will be finished, your wait is over. The massive GRFC (glass fiber reinforced concrete) panels that will cover the exoskeleton have begun to arrive, according to developer Louis Birdman.
The panels are what will give a smooth curvaceous finish to the rough concrete structure, Birdman said in a Facebook post earlier today as he shared photos of the progress. “The process has started on level 8 and they will be working their way around the base of tower and up to level 15, then down the columns to the ground and after that they will start cladding the garage podium on the west, south and east elevations. Then they will finished with the installation of the massive 7 story architectural fins on the east and south elevations.”
It will take nearly 5,000 custom pieces of GFRC to create the signature curves, and they also serve as an additional protection to the building, in the even that Miami is visited by another hurricane. Adding to the challenge, all of the formwork has to be shipped to Miami from the supplier in Dubai.
Here is a quick video that details how GFRC is made. It was also used on the facade of a building in Miami’s Design District.
The development broke ground in March of 2016. After ten months of site work, the foundation was poured in January 2017 during a ceremonious 24-hour process. Sales have remained steady as well, with 70% of the units already under contract.
Tower Residences are currently available from $480,000 to $1.62 million. The Penthouse Collection offers residences from $980,000 to $1.78 million, and in July the opulent Upper Penthouse Collection was unveiled with prices ranging from $6 million to $15.5 million.
New Renderings Emerge Of PMG’s New Supertall Condo Tower At 300 Biscayne
Property Markets Group has revealed renderings for their new super-tall tower that will be constructed at 300 Biscayne Boulevard in Downtown Miami. The project will be named 300 BiscayneWaldorf Astoria Hotel and Residences, according to their new website and the renderings were produced by ArX Solutions.
A sales center is currently under construction on the site that is expected to open in early 2018. Once completed, the tower will offer a five-star hotel and residences in the tallest residential tower south of New York City.
Although approval has not yet be granted, the developers have submitted a request for approval of a 1,041-foot tall tower with 88 stories.
What do you think of the design?
A Peek Inside Amara at Paraiso; Paraiso Construction Update
Despite Hurricane Irma’s damper on the Paraiso party, the project is preparing to begin closings. The damaged crane was successfully removed and Gran Paraiso should be topped off by the end of the year. As they put the finishing touches on the first residential units, let’s have a look at “Amara at Paraiso,” the onsite restaurant by Michael Schwartz.
The Edgewater mega-project had planned to begin closings last month, but were delayed by the storm. Since then, everyone has been working diligently to bring the closings back to the anticipated schedule (or as close as possible). As of now, here is the most updated completion schedule:
Inside One Thousand Museum by Zaha Hadid: A Construction Tour
Now that the vertical construction is nearly completed and the fully finished (albeit not furnished) model is open, we were invited for a hard hat tour of Zaha Hadid’s One Thousand Museum in Downtown Miami. After touring the finished model on level 17, which is a 4 bedroom plan that occupies half of the floor, we were also able to preview the views from the 50th floor. On this level, the apartments are 10,000+ square foot full-floor layouts but are still too much of a construction site to be able to preview the finishes.
The project is currently 60% sold, with remaining opportunities in the duplex town homes from $12 million, half floor residences with 4 bedrooms plus staff quarters for $5.5 million to $7.5 million, full-floor residences from $18 million and the penthouse, which has its own helipad for $49 million.
Check out our video to see the views and finishes for yourself!
Eighty Seven Park Goes Vertical In North Beach
Pritzker Prize-winning starchitect, Renzo Piano’s 87 Park will soon rise from the site just north of North Shore Park in Miami Beach. The developer, Terra Group, has finalized their construction loan and completed the 300 foundation pilings necessary to start bringing the 18 story project vertical.
Sales were launched in 2016, attracting the likes of Michael Huffington, the Conde Nast family and tennis star Novak Djokovic, all of whom are among the buyers in the 66 unit project that is now 60% sold. The boutique tower was named based upon it’s location, nestled between two parks at 87th Street and Collins.
The 35 acre North Shore Park to the South is set to be redeveloped with money contributed by the developer. This park will be shared with the public, but a more secluded park will also be available only to residents. Each of the 66 apartments will come with a key to the door and a key to the park, much the way New Yorkers covet a key to Gramercy Park. The private key park will be built by the designers of the new New York Governor’s Island.
Prices start at $1.7 million up to $45 million for the penthouse, which comes with a rooftop terrace and private pool overlooking the ocean.
The Hyde Logo Has Been Installed At Hyde Midtown
Related Group and Dezer Development are putting the finishing touches on Hyde Midtown, which is slated to open its doors by the end of the year. The project will bring 410 condo residences and 60 designer suites, which are managed by SBE Hotels, to the live-work-play neighborhood.
Because the development is nearly 90% sold, the developers have lowered the deposit requirement to just 30% for remaining inventory. They are also offering additional incentives with hopes of opening yet another fully sold building by the end of the year. The incentives include a leaseback program that guarantees a lease rate of $3 per square foot for one or two years after closing (depending upon the unit), or buyers could choose a fully finished and furnished apartment, or HOA credits. They also have special in-house financing options.
