Miami Riverbridge and Tower Development Unveiled in Downtown Miami
Miami is set to witness the rise of an architectural marvel that promises to redefine its skyline. The developers behind the ambitious Miami Riverbridge project have recently unveiled plans for a groundbreaking development that is poised to transform downtown Miami. With the launch of a dedicated website and an engaging video presentation, the vision for the skybridge, part of a three-tower development, has been brought to light, capturing the imagination of residents and onlookers alike.
At the heart of this transformative project are three towering structures, one of which is designated as a supertall building. These modern edifices are set to replace the current Hyatt Regency in downtown Miami. The highlight of the project is the “spectacular” Skybridge that will link the two non-supertall towers. Suspended an awe-inspiring 700 feet above the ground, this Skybridge is not just a feat of engineering; it is a statement piece, a monumental gateway that will be visible from every direction.
The Skybridge is envisioned as more than a mere passageway. It is set to house a destination restaurant and lounge, offering unparalleled views of the city and a unique dining experience that floats above the urban landscape. This feature underscores the project’s commitment to blending functionality with luxury, providing spaces that are not only useful but also extraordinary.
The Miami Riverbridge project is ambitious in its scope, aiming to introduce 1,500 new rental apartments to the area. In addition to residential spaces, the development will feature a North American flagship Hyatt Regency hotel, boasting 615 rooms, and 264 Hyatt-branded serviced hotel rooms.
One might wonder why the inclusion of a supertall tower is integral to the project. The developers have addressed this curiosity in their FAQ, explaining that the towering height is strategic. It allows for the creation of more public space at the ground level, enhancing the urban environment and community accessibility. Furthermore, the elevated stature of the supertall tower ensures that apartment residents enjoy superior views, adding value to the residential experience.
Despite the capability to construct all three towers at the supertall height of 1,049 feet, a decision was made to vary the heights of the buildings. This choice reflects a thoughtful approach to urban design, aiming to create a visually appealing skyline that is both dynamic and harmonious.
The Miami Riverbridge project is a testament to the city’s forward-thinking and its embrace of innovative architectural endeavors. With its landmark Skybridge, diverse mix of residential and commercial spaces, and commitment to enhancing public areas, the project is set to become a cornerstone of Miami’s urban landscape.
Aston Martin Residences’ Final Sky Penthouse Sold for $23 Million
In a striking testament to luxury and architectural grandeur, the final Sky Penthouse at the Aston Martin Residences has been sold for a breathtaking $23 million. This sale marks a significant milestone as the building edges closer to completion, solidifying its status as an iconic addition to the Miami skyline. Nestled on the Miami River, the Aston Martin Residences tower, a 69-story glass marvel standing 817 feet tall, redefines waterfront living with its elegant design and unparalleled amenities.
Unit 5901, the Sky Penthouse, is the epitome of luxury and spacious living. With 9,573 square feet of indoor space, this residence is a masterpiece of design, offering its inhabitants four bedrooms, seven baths, and two powder rooms. The layout is meticulously planned to cater to the most discerning tastes, providing a blend of comfort, style, and sophistication.
The Sky Penthouse goes beyond traditional luxury, featuring a family room, staff quarters, and a private gym. It promises an oasis of relaxation with an indoor pool, further enhanced by 3,324 square feet of outdoor terrace space. This brings the total area to an impressive 12,897 square feet, offering expansive views and a seamless blend of indoor and outdoor living.
Adding to its exclusivity, the purchase includes a bespoke Aston Martin Miami Riverwalk Edition DBX, marrying the luxury of Aston Martin with the prestige of waterfront living.
Located at 300 Biscayne Boulevard Way in Downtown Miami, the Aston Martin Residences Miami is a beacon of luxury, developed by G&G Business Developments. Since breaking ground in October 2017, the tower is on the brink of completion, promising to be a landmark of luxury living.
The tower boasts 391 residences, ranging from one to five-bedroom layouts, including the exclusive penthouse collection. Residents will enjoy over 42,275 square feet of sky amenities spread across four floors. These include a double-level fitness center with ocean views, an infinity pool, spinning studio, boxing gym, virtual golf room, art gallery, two cinemas, and a full-service spa, beauty salon, and barber shop.
As the tower nears completion, it not only enhances the Miami skyline but also sets a new standard for luxury living. The Aston Martin Residences Miami is not just a place to live; it’s a lifestyle, promising an unmatched experience for those who seek the pinnacle of luxury.
600 Miami Worldcenter Sells Out Before Groundbeaking
Miami’s skyline is poised for a dramatic transformation with the upcoming groundbreaking of the 32-story tower at Miami Worldcenter. This highly anticipated development, spearheaded by Merrimac Ventures and Aria Development Group, has already made waves in the real estate market by preselling all its units. With a robust $95 million construction loan secured from Banco Inbursa, the project dubbed 600 Miami Worldcenter is on track to redefine luxury living in downtown Miami.
The 600 Miami Worldcenter project represents a significant milestone in urban development, blending luxury living with the convenience of downtown accessibility. Nitin Motwani, Managing Partner of Merrimac Ventures, shared his enthusiasm for the project, stating, “600 Miami Worldcenter has been one of our most anticipated and fastest-selling developments, which was appealing for our lenders at Banco Inbursa.” This sentiment underscores the project’s appeal not only to potential residents but also to financial partners who see the value in investing in Miami’s future.
The allure of 600 Miami Worldcenter has reached international proportions, attracting buyers from the U.S., Colombia, Turkey, and Argentina. This diverse buyer profile highlights Miami’s global appeal as a destination for luxury living and investment. The tower’s units, which are being delivered fully finished and furnished, cater to a modern lifestyle that values convenience, quality, and flexibility. Furthermore, the allowance for short-term rentals opens up opportunities for owners to generate income, making it an attractive proposition for investors and residents alike.
600 Miami Worldcenter is not alone in its success or its offerings. The neighborhood is witnessing a surge in developments that allow short-term rentals, a trend that speaks to the evolving demands of the real estate market. Nearby towers such as The Crosby Miami Worldcenter, with 450 condos, and 501 First, boasting 476 condos, have also sold out. These developments, situated within proximity to 600 Miami Worldcenter, underscore the area’s desirability and the growing trend towards flexible living arrangements in urban centers.
With groundbreaking on the horizon and completion expected in 2026, 600 Miami Worldcenter is set to become a landmark in Miami’s bustling downtown area. This project not only signifies a leap forward in urban living but also marks a significant investment in the city’s future. As Miami continues to attract attention on the global stage, developments like 600 Miami Worldcenter play a crucial role in shaping the city’s identity as a hub for luxury, innovation, and cosmopolitan living.
Groundbreaking Ceremony Marks the Rise of One Park Tower At SoLé Mia
In a significant milestone for luxury real estate, developer Turnberry recently hosted a groundbreaking ceremony for the much-anticipated One Park Tower At SoLé Mia. This 33-story architectural marvel is poised to redefine upscale living, offering 299 meticulously designed residential condo units.
The excitement surrounding One Park Tower is palpable, with demand for these exclusive residences already surpassing expectations. Remarkably, over 50% of the units have been sold, signaling a strong market reception and a testament to the project’s allure.
One Park Tower’s unique selling point is its location in front of Laguna Solé, a stunning crystal-clear swimmable lagoon equivalent to the size of 21 Olympic-sized pools. This aquatic paradise promises a beachfront lifestyle right at the residents’ doorstep, complete with umbrellas and beach chairs for an unrivaled leisure experience.
Strategically situated within walking distance in the vibrant SoLé Mia community, residents of One Park Tower will enjoy easy access to a plethora of amenities. These include a Mater Academy charter school, the expansive 363,000 sq. ft. Uhealth Medical Center, the exclusive Reserve Padel Club, and a variety of restaurants, retail outlets, parks, and more, ensuring a lifestyle of convenience and luxury.
The architectural brilliance of One Park Tower is the brainchild of Arquitectonica, a renowned name in the world of design. Complementing this architectural excellence, the interior design by Meyer Davis promises to encapsulate luxury and elegance, setting a new standard in high-end living.
With an anticipated completion date in Summer 2026, One Park Tower At SoLé Mia is not just a development; it’s a promise of a luxurious future. This project is more than just a residence – it’s a destination for those who seek the finest in life.
Stay tuned as we continue to follow the journey of One Park Tower, a beacon of modern luxury and a testament to visionary living.
New Residential Tower Coming to Miami’s Health District
The Miami Health District is about to undergo a remarkable transformation with the ongoing construction permitting for an impressive residential tower. This exciting development, spearheaded by Congress Group in partnership with Peakhill Equity TS, Inc., promises to redefine urban living in the heart of the city. With its prime location, state-of-the-art features, and a commitment to sustainability, this project is poised to make waves in the Miami real estate scene.
The journey of this ambitious project began when the construction permit was filed in October 2023. Since then, it has undergone rigorous scrutiny and improvements. As of January 4, it has entered its second cycle of review, ensuring that every detail is meticulously examined to meet the highest standards.
One of the most exciting aspects of this development is the inclusion of 380 residential units.
The estimated hard construction cost for this project stands at an impressive $100,585,738, highlighting the substantial investment being made to bring this vision to life.
Moss & Associates, a renowned name in the construction industry, is listed as the contractor for this project.
In December 2022, the project was submitted for review by the Urban Development Review Board (UDRB). The UDRB filing revealed that the development will also feature an eight-level garage with a generous 590 parking spaces. This addition addresses the practical needs of residents and visitors alike, enhancing the overall convenience of the property.
Congress Group, in collaboration with Peakhill Equity TS, Inc., acquired the property in 2023. Their vision for this project demonstrates a deep understanding of Miami’s evolving real estate landscape and a commitment to creating a thriving community within the Health District.
The convenience of urban living is further enhanced by the tower’s location, as the Civic Center Metrorail station is a mere five-minute walk away. This easy access to public transportation connects residents to the entire city, making it an ideal choice for those seeking a dynamic and connected lifestyle.
Anticipation is building as the completion of this remarkable residential tower is planned for 2027. In just a few short years, residents and the Miami community as a whole will witness the grand unveiling of a modern urban oasis.
Breaking News: Miami’s Stunning Brickell Tower Set to Soar to New Heights
Miami’s iconic skyline is about to get a breathtaking addition, as plans were officially filed yesterday for a striking new tower in the vibrant Brickell neighborhood. The project, which is sure to turn heads and spark excitement, has undergone some remarkable changes since its initial proposal.
Initially, plans for the tower outlined an impressive 57-story structure soaring to 685 feet above ground. However, the newly filed plans have unveiled a surprising twist – the tower is now set to reach a soaring height of 856 feet, but with a slightly reduced number of floors, standing at 52 stories tall. This change in height promises to provide an even more captivating presence on the Miami skyline.
One of the most exciting aspects of this development is its residential offerings. The new filing reveals that the tower will feature 458 luxurious residential units, showcasing a slight reduction from the previous count of 464. Among these, 225 units will be thoughtfully designed studios, offering a blend of elegance and functionality. The tower promises to redefine urban living, offering its residents an unparalleled lifestyle in the heart of Miami.
What truly sets this Brickell tower apart is its versatility. The recent filing introduces two distinct options for the tower’s use:
Flexible Multi-Level Concert Hall: Imagine a state-of-the-art concert hall that can adapt to various performances and events. This option promises to become a cultural hub for the city, hosting everything from classical symphonies to contemporary music acts.
Multi-Story Retail Complex: Alternatively, the tower can house a multi-story retail complex capable of accommodating a department store or similar retail vendors. This option aims to offer an unrivaled shopping experience, making it a go-to destination for retail enthusiasts.
In response to the city’s evolving needs, the tower’s new plans include a substantial increase in parking spaces. The previous proposal featured 467 parking spaces, but the updated filing now boasts a generous 660 parking spaces. This move reflects the developer’s commitment to providing convenient and accessible amenities for both residents and visitors.
To bring this ambitious vision to life, Millennium Developments of Brickell LLC, the developer behind this project, is requesting a special exception under Miami-Dade’s Rapid Transit Zoning plan. This demonstrates their dedication to adhering to local regulations while delivering a project that will undoubtedly redefine Miami’s urban landscape.
The architectural prowess behind this stunning tower is none other than BMA Architects. Their expertise and innovative designs are set to transform the Brickell skyline, creating a landmark that seamlessly merges modernity with the city’s vibrant culture and lifestyle.
Miami’s Brickell neighborhood is on the cusp of witnessing a remarkable transformation, with a stunning tower that promises to redefine luxury living, entertainment, and retail experiences. As this development takes shape, it will undoubtedly become an iconic fixture on Miami’s skyline, drawing residents and visitors alike. Keep a close eye on this project as it unfolds, and be prepared to witness a new era of elegance and innovation in the Magic City. Stay tuned for more updates and insights on this exciting venture!
Discover the Future of Luxury Living in Wynwood with Clara Homes
Miami’s vibrant Wynwood neighborhood is about to welcome an exciting addition to its skyline, and it’s set to redefine the concept of luxury rental living. Clara Homes, the renowned real estate development firm founded by James Curnin, has just secured a $7.7 million residential development site at 2601 NW 6th Avenue, spanning an impressive 17,000 square feet. This prime location in Wynwood will soon transform into a 154-residence luxury rental building, designed by the renowned architect Kobi Karp.
What sets this development apart is its commitment to providing affordable workforce housing. Clara Homes is embracing the Live Local Act by allocating at least 40% of the residences for affordable housing, ensuring that a diverse range of residents can enjoy the Wynwood lifestyle. Rising to approximately 200 feet, this luxury rental building promises to offer an unparalleled living experience.
The acquisition of this prime Wynwood site at $450 per square foot is a game-changer. It represents a remarkable 40% discount compared to other Wynwood land sales, which typically command prices ranging from $750 to $1,000 per square foot. This strategic purchase was made as a cap rate play, with attractive below-market seller financing at 5% and a sale leaseback agreement for at least a year to a year and a half.
James Curnin, the CEO and Founder of Clara Homes, is excited about the venture. He stated, “Wynwood is one of the hottest Miami markets to invest in and only continues to increase in value as new cultural, dining, and art institutions open in the neighborhood. When presented with the rare opportunity to acquire the land at such an attractive rate, we jumped at the chance to create a new rental experience in this rapidly growing part of town.”
While the project is still in the planning stages, the luxury rental building is poised to offer a comprehensive suite of premium amenities and sophisticated touches. Residents can look forward to 24-hour doormen, valet service, dedicated ground floor retail spaces, and a unique feature that’s bound to make waves – Miami’s first rooftop padel court, catering to the city’s growing interest in this global racquet sport sensation. Construction is expected to commence within the next 12-15 months and will take approximately 18 months to complete.
But that’s not all. Clara Homes is also making waves in South Florida with its first multifamily development, Clara Bay Harbor. Following the firm’s success in developing, building, and selling numerous luxury spec homes at above-market rates, Clara Bay Harbor is set to be a remarkable addition to South Florida’s real estate landscape. The development will be completed in three phases, with construction already underway for the first building located at 10281 West Bay Harbor Drive.
The future of luxury living in Wynwood is bright, and Clara Homes is at the forefront of this exciting transformation. Stay tuned for updates on this remarkable project and Clara Homes’ continued dedication to redefining real estate development in South Florida.
Demo Begins on Site For Ytech’s Luxury Condo Project 1428 Brickell
Miami’s skyline is about to get a whole lot more luxurious as Ytech, the renowned real estate development firm, embarks on an ambitious journey to transform the heart of Brickell Avenue. With the recent demolition of the existing structure at 1428 Brickell Avenue, the first step towards creating the magnificent 71-story luxury high-rise condominium, The Residences at 1428 Brickell, has been taken. This project is poised to redefine Miami’s real estate landscape, and here’s everything you need to know about this exciting development.
Ytech’s acquisition of the vacant property in January 2017 signaled a commitment to delivering unparalleled design, craftsmanship, and innovation to the Miami real estate market. According to Yamal Yidios, CEO of Ytech, “When we acquired the property at 1428 Brickell Avenue, we did so with the firm intent of delivering a level of design, craftsmanship, and meaningful innovation never before seen in Miami.”
The Residences at 1428 Brickell will offer a limited collection of residences, ranging from $2 million to $7 million. These two- to four-bedroom plus den homes span from 1,800 to 4,000 square feet and feature stunning water views. With a true flow-through configuration to maximize natural light, many of these residences have a two-story layout, providing the feel of a single-family home in the sky. The crown jewel of the tower is the $60 million penthouse, featuring 30-foot ceilings, 7 bedrooms, 9 bathrooms, and two east-facing balconies with breathtaking views of Biscayne Bay. Lower penthouses, starting from $8 million, range from 4,000 to 10,000 square feet.
What sets The Residences at 1428 Brickell apart is its dedication to providing residents with a luxurious lifestyle. The tower boasts over 80,000 square feet of amenities spread across three levels at 860 feet above the ground. Some highlights include a state-of-the-art gym, indoor/outdoor yoga room, rooftop pool, wine and fine art lounge, private dining room with a Vaselli kitchen, spa, children’s recreation and learning center, and much more. Personalized services such as reception, valet, porter, and in-unit package delivery are also part of the package.
Ytech’s commitment to excellence is evident in every aspect of the project. For the demolition phase, they’ve brought in experts from high-density urban cores like New York City to ensure precision and quality. John Breistol, COO of Ytech, stated, “Our standards demand only the best, so for demolition, we’ve tapped experts within high-density urban cores such as New York City to oversee and advise on this process.”
The Residences at 1428 Brickell has generated significant anticipation, with sales success reflecting the confidence in Ytech and the project itself. Alicia Cervera Lamadrid, managing partner of Cervera Real Estate, remarked, “Ytech is cementing their well-deserved reputation as the premier ultra-luxury developer in Brickell, and the quality and thoughtful design of The Residences at 1428 Brickell resonates with domestic and international buyers.”
The project’s ambition is also evident in its vertical reach. Recent filings with the Federal Aviation Administration (FAA) indicate the installation of two exceptionally tall construction cranes, reaching 1,001 feet above ground level or 1,010 feet above sea level. Upon completion, the 71-story condo tower, standing at 861 feet, will become one of Miami’s tallest buildings, scheduled for completion in 2027.
As Ytech’s dream of The Residences at 1428 Brickell takes shape, Miami’s skyline is set to be graced by an architectural masterpiece. With a commitment to luxury, innovation, and precision, this project promises to redefine the standards of upscale living in the heart of Brickell. Stay tuned for updates as this iconic development continues to rise towards the Miami skies.
Coral Gables’ 4225 Ponce Development, a Class A+ Commercial and Retail Opportunity
Constellation Group, a distinguished commercial real estate investment and development firm based in Miami, in collaboration with The Boschetti Group, has successfully secured a substantial $33 million construction loan from Miami’s Banesco USA and Abanca. This funding is a strategic investment in the development of a Class A+ boutique office and retail complex at 4225 Ponce de Leon Boulevard, located in the heart of Coral Gables, South Florida’s City Beautiful and Merrick Park district. Renowned for its upscale shopping and entertainment, this area is a hub for economic growth and opportunity.
Eduardo Otaola, the Managing Principal at Constellation Group, highlighted the significance of this partnership and the potential of 4225 Ponce to introduce a unique, boutique-style Class A office environment to Coral Gables. This development is strategically positioned in a market that is currently experiencing limited supply, making it an attractive investment opportunity.
The project involves an eight-story building, spanning approximately 85,000 square feet between 4225 and 4311 Ponce de Leon. This venture is distinguished by its innovative design from the internationally acclaimed architectural firm, Arquitectonica. The luxury boutique-style Class A Office will feature 5,900 square feet of ground floor retail space, extensive parking facilities, 70,000 square feet of premium office space, and a rooftop food and beverage venue of 7,000 square feet, offering panoramic city views.
Amelia Rodriguez, Senior Vice President of Banesco USA, expressed optimism about the sustained economic growth in South Florida and the role of 4225 Ponce in enriching Coral Gables’ status as a prime business and cultural hub. This project aligns with Banesco USA’s vision of investing in innovative and dynamic projects, indicating a strong future for similar endeavors.
Monica Vasquez, General Manager at Abanca, emphasized the transformative nature of this collaboration, aimed at enhancing the urban, cultural, and economic landscape of Coral Gables. This development is a testament to Abanca’s commitment to supporting visionary and impactful projects.
Set to break ground in Q4 2023 and slated for completion in 2025, this project signifies a major revitalization initiative around Coral Gables’ Merrick Park district. It aims to elevate the business and consumer landscape of the area. Interior Architects, Inc. and Naturalificial will play crucial roles in designing the interior and landscape, ensuring a harmonious blend of nature and modernity.
Investors should note the project’s unique features, including four stories of Class A+ office space, a rooftop restaurant with city views, outdoor terraces, ground-floor retail spaces, and a 1,500-square-foot lounge. The addition of a covered pedestrian plaza and paseo with valet parking service is expected to enhance the appeal and functionality of the development, making it a lucrative investment opportunity in a thriving economic zone.
