VIDEO: Brickell Flatiron Reaches 17th Floor
Ugo Colombo’s Brickell Flatiron has reached the 17th floor!
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.
Here is a video update of their progress:
Brickell Flatiron | Construction Progress October 2017 from Brickell Flatiron Miami on Vimeo.
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 Biscayne Waldorf 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:
Paraiso Bay – Estimated Closings January 2018
One Paraiso – Estimated March/April 2018
Paraiso Bayviews – Estimated March/April 2018
Gran Paraiso – Estimated April /May 2018
Meanwhile, we’ll be at Amara at Paraiso.
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.
Prices start in the low $400’s. You can preview the views and finishes here, from our hard hat tour back in March.
Aria on the Bay Lowers Deposit Requirement After Sales Benchmark
To celebrate a new sales benchmark, Melo Group has once again reduced the required deposit amount at Edgewater’s Aria on the Bay. The project, which topped off in April, has now sold over 85% of their condos. New buyers are now required to put down only 20% of the final purchase price.
We were treated to a hard-hat tour back in June and were very impressed to see that nearly all of the buildings units have at least a partial bay view, but most have expansive views from spacious scalloped terraces. Melo Group and Arquitectonica really did an amazing job on the building’s design. It offers maximized views for the residents and also a beautiful design for passers by.
During the tour, we were also lucky to be able to tour the penthouse that Miami Marlins superstar Giancarlo Stanton had recently purchased. We were not allowed to know which penthouse was his, but since we went through all of them, it is a pretty good bet that we saw it. I have my own theory of which one he chose…
Back to the remaining sales opportunities, the remaining apartments range in price from the mid $400,000’s up to $1.9 million. There are options remaining from the lines with semi-private elevators as well as private elevators. Closings are expected to begin early next year.
Below, you can see some new renderings that show how the apartments will look once they are furnished, and you can click here to see our review of the project after the construction tour. We were able to see real views from several different levels of the building, along with the actual finishes. If you would like an in-person presentation, just reach out. We are happy to show off this project.
Inside MUSE In Sunny Isles; Compare Renderings To Real Life
We were honored this morning to be one of the first to preview the construction at Property Markets Group’s MUSE in Sunny Isles, and it’s coming together even more spectacularly than I had anticipated! It is easy to get jaded after a few years working on luxury Miami condos, but I was really impressed by the well thought-out floor plans, the level of quality of the finishes and the extras that are included in the asking price.
Of course, the shape of the Carlos Ott-designed 57-story tower is something to admire. We’ve been looking at it ever since they topped off earlier this year. Inside the tower, you will find the first 21 floors are dedicated to an automated parking garage and amenities. The Residents’ Lounge (rendering below) was still too much of a construction site to do a comparison, but we could get an idea of how it would take shape.
Despite the fact that the amenities are not far enough along for a comparison, there are some units that are certainly far enough along to see how they shape up against the renderings. The one we toured is an 01 line, which is the East facing half-floor plan with 3,635 interior square feet, a 720 square foot terrace (60 feet wide & 12 feet deep), 3 bedrooms, 3 baths, and a den or media room. There are a few of this plan remaining, all of the smaller plans have sold.
The first thing that really blew me away was the kitchen at Muse. With the soaring 12 foot ceilings, and marble backsplash reaching all the way to the ceiling, the kitchen is simplistic yet dramatic. Of course, the custom Helidon Xhixha sculptures that are included in the purchase price have not yet been hung in the actual residence, but everything else is true to what was promised.
Another area that is prone to discrepancy between rendering to real life is the master bath and closet. In this case, I feel the closet is better described as a dressing room, and I was again pleasantly surprised by the quality.
The dressing room is lined with solid wood Italian cabinetry and leather-covered doors. The configurations are decided by the owners, and the buyers of the apartment we toured chose a different configuration than the rendering, but the quality certainly matched.
Just off of the dressing room is the master bath. So many developers love to install the beautiful backlit mirrors in their sales centers without bringing up that it is an upgrade. Not at MUSE. Each master bath has the backlit mirror with a hidden 27 inch television.
The showers have dual shower heads as well as the Swedish rain shower from the ceiling and floor-to-ceiling marble on the wall. The soaking tub is positioned in front of floor-to-ceiling windows that are tinted for privacy.
Another unique factor about MUSE is the 60 foot wide balconies that are also between 12-38 feet deep, depending upon the unit’s placement in the building. They are even more dramatic in real life than they were in my imagination. With the summer kitchen, it makes for an additional living area and entertainment area.
The workers were still putting the finishing touches on this terrace and the side glass walls were still covered by tape, but you can see how large it really is.
After previewing the finishes of the unit that was already sold, we went up to preview the views from some units that are still available with the same layout and finishes. Here is the view from Residence 4701, the highest level before reaching the penthouses. This apartment is available for $7.2 million.
Despite earlier estimates that the building would be delivered in the Fall of 2018, it now seems it will be able to happen in the Spring of 2018. Prices range from $5.7 million to $7.2 million.
Missoni Baia To Break Ground This Week
When completed, Missoni Baia will bring 57 stories of ultra-luxury residences to the shores of East Edgewater.
The groundbreaking is scheduled for 5pm on Thursday, October 12 at the build site, 777 NE 26th Terrace. The first-ever Missoni branded condominium will feature a vibrant and colorful decor, even with a custom tile mosaic of the brand’s signature brightly colored stripes.
The residences range in size from 1-5 bedrooms and prices of the tower residences range from the $700,000’s up to $3.4 million. Penthouses have not yet been released. The development is slated for completion at the end of 2020.
Here is a teaser video that was released by the developer that shows the quality of the finishes and the amenities…
