Last week marked a pivotal moment for Miami’s real estate landscape as we witnessed the commencement of construction for the Baccarat Residences Miami, a development poised to redefine luxury living in the city. The groundbreaking ceremony, captured and shared through social media, has ignited conversations and anticipation among industry insiders and aficionados alike.
Baccarat Residences is on track to become an iconic fixture in Miami’s skyline, boasting an impressive stature of 75 stories, and soaring to a height of 848 feet above ground, or 852 feet above sea level. This monumental structure is set to eclipse the current record-holder, the Aston Martin Residences tower, which stands tall at 66 stories and 816 feet above ground, located just along the Miami River and nearing its completion.
Not too far from the site, the Waldorf Astoria is making its own mark, with construction well underway. This ambitious project is expected to reach a staggering 1,041 feet above ground, incorporating both hotel and residential components, offering a multifaceted luxury experience.
The city’s Building Department has been actively involved, issuing a site work permit for the Baccarat Residences in September, with the permit for full vertical construction currently under meticulous review.
John Moriarty, a name synonymous with excellence and precision in construction, has been entrusted as the contractor for this landmark project.
Adjacent to the Baccarat site, another development is taking shape. A 44-story tower, currently under construction, is set to house 506 apartments, further enriching Miami’s residential offerings.
For hedge fund managers and investors alike, the Baccarat Residences represent not just a pinnacle of luxury living, but also a strategic opportunity in one of Miami’s most sought-after locales. The project’s ambitious scale and prime location underscore Miami’s unwavering appeal and resilience, even in the face of ever-evolving market dynamics.
Star Holdings Management LLC Submits Plans for the Gateway Development in Miami
In the heart of Miami-Dade County’s bustling Ojus Urban District, a significant development shift is on the horizon. Star Holdings Management LLC, a prominent developer, has recently unveiled revised plans for their ambitious project, the Gateway. Initially envisioned in 2020 as a 12-story mixed-use edifice, the latest blueprints suggest a grander vision: an 18-story tower encompassing over 645,000 square feet.
This revamped design proposes a diverse mix of 210 upscale apartments, cutting-edge office spaces, and vibrant retail outlets. Accommodating the needs of modern urbanites, the development also includes a spacious six-story parking structure with the capacity to house over 400 vehicles. Its strategic location offers unparalleled convenience, being in close proximity to the renowned Aventura Mall.
In a nod to inclusivity and community development, the project earmarks ten percent of its residential units as workforce housing. This initiative not only broadens the project’s appeal but also enhances its initial design. Potential residents can anticipate a range of apartment sizes, from cozy 750 square-foot units to expansive 1,750 square-foot spaces, with configurations ranging from single to three-bedroom layouts.
The Gateway promises more than just living spaces. Residents and visitors alike can indulge in a plethora of communal amenities. The highlight is a lavish seventh-floor deck, complete with a state-of-the-art swimming pool, all set on a sprawling 1.4-acre plot.
The brains behind this transformative project include the esteemed Star Holdings Management LLC as the developer, with legal representation by Attorney Javier L. Vazquez. The architectural marvel that is the Gateway has been conceived by IDEA Architects.
Miami Commissioners Approve Four Residential Towers in Brickell
In the heart of Brickell, a significant financial move was made last month as county commissioners greenlit the development of four prominent towers on a single block.
This decision, made on September 20 during a session of the Miami-Dade Zoning Board, paves the way for Sentral, Menesse, Westpine, and Calle 8 towers.
Cumulatively, these ventures will usher in an impressive 1,995 residential units across the five towers.
In a strategic move, the developer behind Menesse has entered into a covenant, committing to a significant contribution to enhance Brickell’s mass transit infrastructure. This agreement, formalized on October 18, entails Menesse Brickell LLC allocating $350,000 towards the refurbishment of the Brickell Metrorail and Metromover stations. This contribution will be made before the issuance of the building permit.
Furthermore, in a nod to sustainable urban development, the developer has pledged to reserve a minimum of 5% of the residential units for workforce housing. This initiative targets households earning between 60% and 140% of the area’s median income and will be in effect for two decades post-TCO issuance.
The administrative review of the tower’s site plan is currently in progress, and the financial world watches with bated breath as Brickell continues to evolve.
The Well Bay Harbor Islands Breaks Ground at 1100 Kane Concourse
In the heart of Miami’s Bay Harbor Islands, a new luxury development is taking shape. Terra, a renowned Miami-based real estate developer, in collaboration with the globally recognized wellness brand, THE WELL, has initiated the construction of THE WELL Bay Harbor Islands at 1100 Kane Concourse. This groundbreaking event, which took place on October 9, 2023, marked the beginning of a project that has already seen half of its residences sold.
This eight-story luxury project will house 54 tailor-made residences, boasting over 22,000 square feet of unparalleled amenities. Prospective residents can anticipate a cutting-edge fitness and wellness center, a 4,000-square-foot signature dining establishment, and a class-A office building spanning 102,000 square feet. This venture stands as the nation’s premier THE WELL-branded residential and office initiative, meticulously crafted to foster a comprehensive wellness lifestyle.
Esteemed attendees at the groundbreaking ceremony included Terra’s CEO David Martin, THE WELL’s Chief Creative Officer Kane Sarhan, and key officials from Bay Harbor Islands. This event symbolizes Terra and THE WELL’s shared ambition of seamlessly blending wellness into luxury living and workspace environments. The project’s completion is projected for the second quarter of 2025.
Designed by the award-winning Meyer Davis with architectural insights from Miami’s Arquitectonica, the development emphasizes holistic wellness. THE WELL’s signature touch ensures that residents are enveloped in a rejuvenating atmosphere, harmoniously integrated into their daily lives.
David Martin, CEO of Terra, expressed his enthusiasm, stating, “THE WELL Bay Harbor Islands is poised to redefine luxury living in South Florida, revitalizing the Kane Concourse and enhancing the Bay Harbor Islands community.” Rebecca Parekh, Co-Founder and CEO of THE WELL added, “Our vision is to create a sanctuary where wellness is woven into the fabric of everyday life.”
The residences, ranging from 924 to 3,291 square feet, will offer state-of-the-art amenities, combining THE WELL’s holistic philosophies with Miami’s natural beauty. From therapeutic soaking tubs to advanced wellness technologies, every detail is meticulously curated.
The wellness and fitness center is a haven for rejuvenation, offering a plethora of experiences, from Miami’s first caldarium to a diverse range of treatments and fitness sessions. Additional facilities include rooftop decks with a pool and hot tub, private boardrooms, and serene lounges.
The office component, The Offices at THE WELL Bay Harbor Islands, will redefine workspace wellness. Tenants can customize their spaces, access community gardens, and benefit from a plethora of wellness amenities. Blanca Commercial Real Estate is leading the office leasing endeavors.
Nestled near the iconic Bal Harbour Shops, Bay Harbor Islands is a gem in Miami’s real estate landscape. Known for its upscale community, proximity to elite retailers, and breathtaking waterfront vistas, it offers a blend of luxury and tranquility. This development is set to further elevate the stature of this coveted neighborhood.
NoMad Residences Wynwood Introduces a New Chapter in Luxury Living
In the heart of Miami’s vibrant Wynwood district, a groundbreaking collaboration between the esteemed Related Group and Manhattan’s Tricap has taken shape. Introducing the NoMad Residences Wynwood, a luxurious embodiment of the iconic boutique hotel brand, NoMad Hotels, under the aegis of the Sydell Group.
Situated at the prime location of 2700 Northwest 2nd Avenue, a stone’s throw from the globally recognized Wynwood Walls, this nine-story condominium tower is a testament to modern architectural brilliance. Crafted by the acclaimed South Florida-based Arquitectonica, with interiors by the distinguished DesignAgency, the project is overseen by Beauchamp Construction, with MEP engineering by Johnson, Avedano, Lopez, Rodriguez & Walewski Engineering Group, Inc., and landscape architecture by Naturalficial.
Nick Pérez, President of Related Group’s Condominium Division, remarked, “The NoMad Hotels brand, synonymous with a harmonious blend of art and luxury, is the perfect fit for Wynwood. Drawing parallels with NoMad New York’s transformative impact on Manhattan’s North of Madison district, we envision NoMad Residences Wynwood to be a pivotal chapter in Wynwood’s illustrious narrative.”
The residences, echoing the opulence of the NoMad brand, offer a curated experience of a cosmopolitan, art-infused lifestyle. Comprising 329 units, ranging from cozy studios to spacious two-bedroom apartments, each residence boasts floor-to-ceiling windows, private balconies, open floor plans, and spa-inspired showers. The contemporary kitchens are equipped with top-tier Bosch appliances, Italian cabinetry accentuated with brass fixtures, and polished stone countertops.
Andrew Zobler, Founder & CEO of Sydell Group, emphasized the brand’s ethos, stating, “The NoMad Hotels brand is renowned for its distinctive hotels, deeply influenced by their locales. With NoMad Residences Wynwood, our vision was not just to construct homes but to cultivate a community that resonates with Wynwood’s rich, artistic spirit.”
Residents are treated to a fully furnished living experience, with interiors curated by DesignAgency. A unique proposition of the property is its flexibility in rental options, allowing owners to lease their homes for any duration. An adept in-house property management team ensures seamless operations.
A standout feature of the property is its culinary and beverage offerings. The NoMad Bar, a rooftop restaurant and mixology hub, will be spearheaded by James Beard Award Winner Leo Robitschek. Additionally, the ground floor will house Casa Tua Cucina, setting the gold standard for upscale social dining with its expansive open-kitchen concept.
Residents and guests can indulge in a plethora of resort-style amenities, including a rooftop lounge offering panoramic views of downtown Miami, a serviced pool and sun deck, private cabanas, and state-of-the-art fitness facilities. The signature NoMad Library and Lounge will serve as a communal space, offering curated experiences, shared workspaces, and more.
Art aficionados will appreciate the museum-quality artworks from the Jorge M. Pérez Collection adorning the building, with sections dedicated to artists in homage to Wynwood. The locale boasts over 70 art galleries, luxury boutiques, MICHELIN-star restaurants, and the iconic Wynwood Walls.
David Edelstein, Principal at Tricap, encapsulated the project’s essence, stating, “Wynwood is not just a locality; it’s a dynamic nexus of culture, gastronomy, and opportunity. This venture, in partnership with Related and Sydell Group, heralds the onset of an immersive, hospitality-driven residential experience at the heart of Miami’s renowned art district.”
In a recent accolade, NoMad London, a flagship of the NoMad Hotels brand, secured a position on ‘The World’s 50 Best Hotels’ list for 2023, underscoring Sydell Group’s unwavering dedication to excellence in hospitality and design. This commitment is set to be mirrored in NoMad Residences Wynwood, bringing unparalleled craftsmanship to Miami’s bustling Wynwood district.
Pricing for NoMad Residences Wynwood starts in the $600,000’s. If you or someone you know have an interest in purchasing at NoMad Residences Wynwood, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
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 [email protected] or by phone at (786)247-6332.
New Tower Announced in Brickell- Calle 8
A new tower with a unique design was just announced in Brickell. The pre-application has just been submitted to Miami-Dade planners for the project Calle 8. Millennium Developments of Brickell, LLC is mentioned as the developer for this development.
The application states 464 residential units with studio to 3 bedroom floor plans with 1 penthouse available.
Floor PlanAvailability:
252- studios
37- one bedrooms
167- two bedrooms
7- three bedrooms
1 penthouse
The plans also show a multi-level retail space as well as 467 parking spaces available on 11 levels. The Federal Aviation Administration approved a tower height of 685 feet above ground level or 699 feet above sea level in a letter that was published in May 2023. A gas station is currently on the property. Calle 8 will be designed by BMA Architects of Miami.
Related Group Tops Off on Two Tower Project in Wynwood
Wynwood Diamedix, a remarkable construction in Miami’s Wynwood Arts District, Related Group has just completed vertical construction.
There are 304 rental homes with interiors designed by ID & Design International, over 17,000 square feet of first-rate commercial space, and an impressive 63,000 square feet of first-class office space will be found in this two-tower project, which was created by Cohen Freedman Encinosa & Associates and is located at 2150 North Miami Avenue and 2115 North Miami Avenue.
Beauchamp Construction is listed as the general contractor on the project, and it is expected to be finished in September 2024.
Modern architecture and design are included in these luxury rental flats, which also provide painstakingly designed studio, one-, two-, and three-bedroom floorplans. Studios range in size from 550 square feet to more than 1,400 square feet, and all come with floor-to-ceiling windows, high ceilings, walk-in closets, and other features.
Amenities:
Rooftop pool deck
Summer kitchens
State of the art fitness center
Spin rooms
Saunas and steam rooms
Resident-only lounge
Round-the-clock concierge service
Golf Simulator
Podcast room
Wynwood, formerly a neglected industrial area, has evolved into a flourishing cultural center with art galleries, shops, restaurants, and entertainment facilities. For those who appreciate urban living with a creative edge, its convenient location just minutes from downtown Miami and South Beach makes it the best option.
Abbhi Capital Breaks Ground on 2 Million Square Foot Development at Miami Worldcenter
With a ground-breaking of a 2 million square foot mixed-use development that includes the area’s first significant office building, Abbhi Capital plans to revolutionize Miami Worldcenter.
On September 20th, the city’s Urban Design Review Board will consider the expansive project, which consists of a 59-story residential tower and a 33-story office tower joined by a shared podium with plenty of parking. The property was purchased by SanaProperty8LLC, an affiliate of Abbhi Capital, for a total of $44 million between 2020 and 2021. It is located at 1001 N.E. First Ave. The development will have 1,319 spacious parking places, 7109 square feet of retail and dining space, 368,362 square feet of available commercial space, and 558 residential units.
An amenities deck including a pool, jacuzzi, pickleball courts, fitness center, coworking spaces, media room, and even a dog grooming station will be available to residents and renters on the 12th level. The construction intends to accommodate a variety of lifestyles with the majority of residential apartments beginning on the second floor and ranging from small 570-square-foot studios to roomy three-bedroom residences covering 1,562 square feet.
Ten city blocks make up Miami Worldcenter, which is next to Museum Park, which is home to the Frost Museum of Science and Pérez Art Museum Miami, as well as the FTX Arena, 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.
