Unveiling HUB Miami: A Pinnacle of Mixed-Use Innovation in Downtown Miami
In a strategic move that underscores their commitment to innovation and excellence, The John Buck Company, Florida Value Partners, BH Group, and PEBB Enterprises have collectively unveiled HUB Miami. This 41-story mixed-use tower, strategically positioned at 525 NW 2nd Avenue in the heart of Downtown Miami, is poised to redefine the standards of luxury living and premium office space.
HUB Miami stands as a testament to architectural brilliance and thoughtful design, boasting 306 condominium residences and a sprawling 245,000 square feet of Class-A office space. Crafted by the renowned ODP Architects and adorned with interiors by One Line Design Studio, this development seamlessly integrates work and leisure, offering a hyper-connected live-work lifestyle. Its proximity to MiamiCentral Station ensures unparalleled connectivity, facilitating easy travel across major metros throughout Florida.
OneWorld Properties takes the helm as the exclusive sales and marketing brokerage for HUB Miami Residences, with prices starting in the mid $400,000s. On the commercial front, CBRE, a leading real estate firm, will spearhead the leasing efforts for HUB Miami Offices.
Ryan Lovell, Managing Director of Investments at The John Buck Company, expressed his enthusiasm: “HUB Miami marks a pivotal moment for our firm, being our inaugural project in Florida. This development is a strategic response to the burgeoning demand for high-caliber office spaces in Miami, offering a central location and exceptional connectivity.”
HUB Miami Residences introduces a collection of fully furnished residences, starting from the 22nd floor, with a variety of layouts including studio, one-bedroom, and two-bedroom options. Each residence is a paragon of modern luxury, featuring open floor plans, floor-to-ceiling glass windows, and gourmet kitchens equipped with Bosch appliances. A state-of-the-art keyless entry system ensures secure and convenient access for all residents.
Residents of HUB Miami will have exclusive access to a suite of amenities, including a cutting-edge fitness center, spa facilities, resident lounges, and work-from-home spaces equipped with video conferencing facilities. The development also features a Sky Lounge bar, resort-style pool, and 24/7 concierge and security services.
HUB Miami Offices offers an impressive 245,000 square feet of Class-A office space, with floor plates ranging from 18,000 to 32,000 square feet. Tenants will enjoy access to private amenities including a fitness center, tenant lounge, conference center, and 24/7 security services.
HUB Miami is a landmark collaboration between four esteemed developers, creating a unique residential and office offering in Downtown Miami. This development not only enhances the city’s skyline but also solidifies its reputation as a thriving economic hub and a desirable destination for both living and working.
Construction Update for Baccarat Residences Miami
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.
Miami’s First Swiss Luxury Watchmaker Audemars Piguet to Open at Eighteen Sunset in Sunset Harbour
Miami Beach’s Sunset Harbour district is poised to redefine luxury with the imminent arrival of AP House. Crafted by the esteemed Swiss luxury watchmaker, Audemars Piguet, this boutique hospitality gem will occupy a sprawling 11,841 square feet within the iconic Eighteen Sunset. This landmark mixed-use development, currently the sole Class A+ office project under construction in Miami Beach, is set to be unveiled later this year, paving the way for AP House’s grand opening in 2024. A mere two office spaces on the fourth and fifth floors await tenants.
AP House is not just a space; it’s an experience. Envisioned as a residential salon, it promises an ambiance perfect for relaxed browsing, social interactions, and elite gatherings for both existing and prospective Audemars Piguet aficionados. This Miami Beach addition will be the 16th in AP House’s global portfolio, joining illustrious counterparts in global hubs like Los Angeles, London, Tokyo, and Zurich, to name a few.
Bradley Colmer, the visionary founder of Deco Capital, remarked, “Miami and Miami Beach’s burgeoning population of affluent individuals and top-tier businesses has amplified the demand for unparalleled brand experiences. Audemars Piguet’s foray, in its most elite avatar, underscores Miami Beach’s metamorphosis into a premier global luxury destination, replete with world-class offerings.”
Guests of AP House will be ushered into an exclusive ground-floor lobby within Eighteen Sunset. A private elevator will transport them to the pinnacle of luxury, where panoramic vistas of Biscayne Bay and Downtown Miami await, framed by expansive windows and complemented by lavish wrap-around balconies.
Eighteen Sunset is already home to an impressive roster of elite tenants, including Pretium, a distinguished investment management firm, and Uchiko, an avant-garde restaurant by the acclaimed Hai Hospitality group.
Nestled in the heart of Miami Beach’s Sunset Harbour, a hotspot for upscale shopping, dining, and lifestyle, Eighteen Sunset is Deco Capital’s flagship mixed-use venture. Spanning five stories and overlooking the serene Biscayne Bay, it boasts 17,000 square feet of retail and restaurant space on the ground floor, ample parking on the second, and 40,000 square feet of Class A+ office space on the subsequent floors. The cherry on top? An exclusive penthouse with a stunning rooftop deck.
Stephen Rutchik of Colliers International, who represented Eighteen Sunset’s ownership alongside Neil King of CBRE, extolled, “Eighteen Sunset is unparalleled in Miami Beach and the broader Miami region. Its unique blend of tenants, unmatched finishes, and prime location make it a rival to the top office properties in the Financial District. Yet, it retains the charm of a boutique establishment nestled in one of South Florida’s most coveted lifestyle locales.”
Key International Sets Sights on Miami’s Financial District with a Pioneering Office Tower
In the heart of Miami’s bustling Financial District, Key International, under the leadership of co-presidents Inigo and Diego Ardid, is poised to redefine the skyline with their ambitious plans for 848 Brickell Avenue. This isn’t just another office building; it’s a statement of intent, a 50-story beacon that promises to elevate the standards of Class-A office spaces.
The architectural maestros behind this venture are none other than Skidmore, Owings & Merrill (SOM), the globally acclaimed firm responsible for iconic structures such as the Burj Khalifa and One World Trade Center. Their involvement alone signifies the magnitude and prestige of this project.
Positioned strategically in the sought-after Brickell neighborhood, the tower will be a stone’s throw away from the Brickell City Center and a plethora of upscale dining and retail establishments. Once completed, it will soar to an impressive height of approximately 761 feet, making it a dominant feature of Miami’s skyline.
Diego Ardid, co-president of Key International, shared his vision for the new 848 Brickell. He envisions it as more than just a workspace; it’s a testament to architectural prowess combined with unparalleled amenities that will reshape Miami’s work culture. This isn’t just about meeting expectations; it’s about surpassing them.
The tower is meticulously designed to cater to the burgeoning demand for luxury office spaces in Miami. Boasting 750,000 square feet of office real estate, prospective tenants can expect floor plans ranging from 19,000 to 27,000 square feet, tailored to accommodate diverse sectors such as law, technology, and notably, finance.
What truly sets this building apart is its emphasis on holistic well-being. It’s not just about work; it’s about wellness. The building champions both LEED and WELL rating systems, underscoring its commitment to environmental sustainability and the health of its occupants. Features such as residential-style balconies foster a connection with nature, while a sprawling 40,000-square-foot amenity level, complete with outdoor meeting spaces, lounges, a state-of-the-art gym, an outdoor walking trail, and two regulation-sized Padel courts, ensures that work-life balance isn’t just a catchphrase—it’s a reality.
Nexo Residences Breaks Ground in North Miami Beach
In the heart of North Miami Beach, Fortune International Group, in partnership with Blue Road, has embarked on a groundbreaking venture: the Nexo Residences. This 15-story luxury condominium project, located at 13899 Biscayne Boulevard, is poised to redefine urban living with its innovative home-sharing capabilities.
The architectural brilliance of Frankel Benayoun Architects Inc., combined with insights from the globally acclaimed architect Carlos Ott, has shaped the design of Nexo Residences. Furthermore, the interiors, common areas, and landscaping have been meticulously crafted by Urban Robot. The development boasts 254 fully furnished residences, allowing homeowners unparalleled autonomy in their property’s utilization. These residences range from cozy studios to expansive four-bedroom townhomes, with sizes varying from 531 to 2,190 interior square feet. With prices commencing from the mid $600s, this project offers a diverse portfolio for potential investors.
Edgardo Defortuna, the CEO of Fortune International Group, expressed his enthusiasm, stating, “Nexo Residences has garnered significant attention from global buyers and investors. Its strategic location, coupled with top-tier amenities and the unique opportunity for homeowners to lease their units, aligns perfectly with Fortune’s vision of pioneering projects that consistently exceed expectations through innovation and meticulous attention to detail.”
The name “Nexo,” translating to “nexus” in Spanish, encapsulates the essence of this project. It serves as a pivotal junction, bridging crucial elements and making it an attractive proposition for short-term renters in this burgeoning submarket. The rental flexibility, complemented by a professional management team overseeing operations, enhances its appeal for potential investors.
Jorge Savloff, CEO of Blue Road, highlighted the strategic advantage of the location, emphasizing its proximity to iconic South Florida attractions like the Bal Harbour Shops, Aventura Mall, and a plethora of upscale dining and entertainment venues. He added, “Nexo Residences offers a more family-centric alternative to the bustling tourist hubs of Miami, ensuring a comprehensive and enriching experience for all.”
The amenities at Nexo Residences resonate with the South Florida vacation spirit, catering to both work and leisure. Features include a grand three-story arrival lobby, a state-of-the-art tech hub with coworking spaces, a lavish pool deck, fitness facilities, and a rooftop observatory deck offering panoramic southern vistas. Additionally, entertainment options abound with an outdoor cinema, a versatile clubroom, and a dedicated children’s play area.
An added allure for international investors is the property’s EB-5 designation. This provides a golden opportunity for foreign nationals to embark on the path to U.S. citizenship by investing a minimum of $800,000 in Nexo Residences and adhering to the stipulations set by the United States Citizenship and Immigration Services (USCIS).
Strategically positioned, Nexo Residences offers proximity to business and leisure hubs like Bal Harbour, Aventura, and Sunny Isles. Its location on Biscayne Boulevard, near the Intracoastal Waterway, and equidistant from major airports, further accentuates its appeal for global investors.
Nexo Residences presents a compelling investment narrative blending luxury, flexibility, and strategic location into a package that promises significant returns.
SB Developments Releases Renderings for 55 Story Edgewater Project
In the heart of Miami’s Edgewater neighborhood, a new architectural masterpiece is set to redefine the city’s skyline. Located at 419 Northeast 19th Street, this 55-story tower is a testament to modern design and strategic investment.
The project, occupying a 14,190-square-foot triangular plot near the iconic Margaret Pace Park and Biscayne Bay, is a collaboration between the renowned New York-based architectural firm, Fogarty Finger, and a joint venture of SB Development and Hazelton Capital Group. With a towering height of 641 feet, this development will not only be a significant addition to Miami’s skyline but also a beacon of luxury living.
The tower will house 463 upscale residential units within its 553,673 square feet of space. Residents will have access to a number of luxury amenities spanning three levels, including a rooftop pool, sky lounge, state-of-the-art fitness center, and a game room. Additionally, the building will feature an indoor parking facility with a capacity for 172 vehicles.
The design of the tower is a testament to Fogarty Finger’s expertise in crafting architectural wonders. Known for their iconic designs in New York, such as The Dime and 141 Willoughby in Brooklyn, their entry into the Miami market is marked by a structure that captures the essence of its surroundings. The tower’s design, characterized by its slender and curved profile, boasts curved corners, striking horizontal lines, and a pristine white stucco finish. The wraparound balconies with glass handrails and floor-to-ceiling glazing ensure that residents enjoy panoramic views of the city.
A unique feature of this tower is its base and crown, which share a cohesive design language. The facade is adorned with sections of long, narrow horizontal openings screened with aluminum. The crown, however, stands out with its elegantly curved motif that extends from the rooftop slab, adding a touch of sophistication.
The residential units within the tower cater to a diverse clientele, ranging from studio units of 403 square feet to expansive 4-bedroom units spanning 2,322 square feet.
The current site, known as Parcel B, houses an older condo building set for demolition. The new tower will be integrated with the adjacent property, the Cite’ on the Bay Condominium, enhancing the overall value of the area.
However, the developer is seeking several waivers in connection with the project, primarily due to the unique shape of the lot and to ensure efficient vehicular traffic. These waivers include reductions in setbacks, drive aisle width, parking stall length, and the total number of required parking spaces, among others.
With its modern design, luxury amenities, and prime location, it promises to be a jewel in Miami’s real estate crown.
South Florida’s Luxury Real Estate Landscape: A Glimpse into the Recent Transactions of Industry Titans
In the ever-evolving world of South Florida’s luxury real estate market, industry leaders from diverse sectors have recently sealed some notable deals. These transactions span the tri-county region, with property values ranging from a commendable $7.8 million to a staggering $10 million.
In the heart of Miami Beach, renowned actor Marjorie O’Neill-Butler parted ways with her cherished waterfront residence, fetching a price of $8.3 million. The new owners of the property at 603 East Dilido Drive on the Venetian Islands are Marcio Pacheco Ferreira and Luciana Augusto Mattoso Ferreira. Pacheco Ferreira is a distinguished partner and senior portfolio manager at Pharo Management, a hedge fund headquartered in New York City. The property, a classic built in 1935, boasts five bedrooms, three bathrooms, two half-bathrooms, and luxurious amenities like a pool and a dock. It was initially listed for $9.5 million last year.
Venturing further into Miami-Dade County, a prominent figure from Disney’s elite circle, Rich Frank, along with Leslie Frank, invested $8.7 million in a condo situated at Estates at Acqualina. Rich Frank’s illustrious career includes his tenure as president of Disney Studios and later as chairman of Walt Disney Television and Telecommunications. The couple’s current venture is the acclaimed Frank Family Vineyards in Napa. This property has also seen other high-profile transactions, including those by a dairy magnate and a jeweler.
Lastly, in the exclusive Admirals Cove community in Jupiter, financiers Tim Garry and Amanda Link sold their waterfront residence for a cool $10 million. The property, now under the ownership of the CKMH Family Trust, is a modern marvel built in 2020. Garry, a pivotal figure at the New York City-based Senator Investment Group, had initially purchased this property in 2021 for $6.5 million.
These transactions underscore the dynamic nature of South Florida’s luxury real estate market, reflecting the preferences and investment strategies of industry moguls.
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.
Lalezarian Properties Releases Renderings for New Towers at Miami Worldcenter
The entire vision for Miami World Towers, a massive mixed-use project slated to drastically transform Block E within the 27-acre Miami Worldcenter complex in downtown Miami, has been revealed in new renderings and site plans. This project, which consists of four buildings and is expected to further transform the Miami skyline, was created by Nichols Architects with Kimley-Horn serving as the landscape architect. Miami World buildings LLC, an associate of Lalezarian Properties, is the project’s developer.
The recently released designs and images feature a 25-story North Tower, a 68-story South Tower, a 68-story West Tower, and a 557-unit East Tower, The East tower is presently under construction. It is anticipated that these new towers will add about 2,137,110 square feet of space, including 2,040 residential units, amenities, and 810 extra parking places. The four towers will produce 2,600 residential units and 3 million square feet of space. On September 20th, Miami’s Urban Development Review Board is scheduled to examine the proposal.
According to the renderings by Nichols Architects, the four-tower complex will be extremely dense and take up nearly the entire block. The facades will vary and include Miami’s first examples of many architectural styles. Tower 3, despite being significantly taller, follows the same design aesthetic as Tower 1. It has floor-to-ceiling glass windows, elegant silver aluminum frames, and glass balcony handrails that enhance the façade while subtly highlighting the superstructure’s distinctive wave-like concrete balcony slabs. This beautiful mix highlights the tower’s characteristic exterior curves, giving the impression that the edifice is moving.
On the other hand, Tower 2 introduces a series of white diagrid aluminum-clad columns for both its 25-story and 68-story tower facades, featuring diamond-shaped patterns between the columns, various chamfering edges, sections of staggered slabs, and glass curtain walls. This design is reminiscent of the Foster + Partners-designed, 46-story Hearst Tower in New York City, as well as an office tower Hines has planned for their Miami Worldcenter site.
The Miami World Towers’ units will come in a range of floor plans, with sizes from 380 to 1,286 square feet and comprising studios, one-bedroom, one-bedroom with a den, two-bedroom, and three-bedroom designs. The majority of amenities will be located on the 14th floor, while rooftop pools can be found on levels 65 and 66 of the two larger towers.
Miami World Towers, which strategically places more than 2,000 residential apartments close to a number of Metromover and Metrorail stations, adds to the city’s urban appeal by providing inhabitants with easy access to Miami’s enormous public transit system. The property includes 2,994 square feet of commercial space on the ground floor, which adds to its attraction by enhancing the streetscape and promoting a lively pedestrian environment.
Additionally, the proposal places a high priority on pedestrian connectivity by constructing a publicly accessible promenade that effortlessly directs people from NE 8th Street to the opulent lobby of Tower 2. The Miami Worldcenter Promenade is accessible to locals and guests via this lobby connection that extends to a pedestrian paseo. This ground-breaking promenade, created especially for pedestrians, connects Biscayne Boulevard and the larger Miami Worldcenter Area in a busy east-west corridor, further enhancing the project’s role in encouraging vibrant urban interactions.
