Ora By Casa Tua Development and Construction Update
An Urban Development Review Board hearing about the construction of the 76-story tower at 1210 Brickell Avenue, Ora By Casa Tua for May 17, 2023.
The ORA’s design was created by the internationally renowned and award-winning architecture firm Arquitectonica. The company drew inspiration from today’s constantly changing culture to design numerous outdoor levels at ORA that connect to nature and the environment, with the goal of allowing visitors to enjoy and experience the city of Miami from a unique angle.
The interiors of the residential and amenity areas are being designed by m2atelier, a company founded by Marco Bonelli and Marijana Radovic and renowned for its personalized approach.
Residences at ORA will start at $800,000 and range from 500 square-foot studio homes to 2,400 square-foot, four-bedroom fully furnished residences that will be ready for immediate listing as short-term, seasonal, or long-term rentals.
Edgardo Defortuna, the creator of Fortune International Group, is a pioneer in real estate development, financing, construction management, sales, and marketing. In addition to others, they are currently building the Nexo Residences in North Miami Beach, The Ritz-Carlton Residences in Pompano Beach, and the St. Regis Residences in Sunny Isles Beach. They most recently built The Ritz Carlton Residences Sunny Isles Beach and the renowned Jade Signature, designed by Herzog & de Mueron.
If you or someone you know have an interest in purchasing at ORA at Casa Tua, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
CEO of Terra Group Sells Grove at Grand Bay Penthouse for $17.9 Million
CEO of Terra Group David Martin recently sold his penthouse at Grove at Grand Bay for $17.8 million.
The 9,541-square-foot, five-bedroom apartment at 2675 South Bayshore Drive was sold under the name GBPH Investments LLC.
Records show that a trust run by James Zubok and Leon Medzhibovsky purchased the penthouse. Medzhibovsky is a partner at DLA Piper and Zubok is a private equity investor.
David Martin’s penthouse had been advertised on and off for years, with a $28 million asking price at one point while the tower was still being built. Eloy Carmenate, Mick Duchon, John Gomes, and Fredrik Eklund brought it back to the market for $25 million in 2018 then for $19.8 million in late 2019. Summer of 2022, the unit was listed at $26 million.
The penthouse unit features 12-foot ceilings, floor-to-ceiling windows all around it, a rooftop pool, and 12-foot doors. Although Martin’s purchase price for the penthouse is unknown, developers frequently receive a sizable discount on their apartments. The price per square foot of the unit was roughly $1,900.
The Bjarke Ingels-designed project, a pair of 20-story twisted towers overlooking Biscayne Bay in Coconut Grove, was constructed by Martin’s Terra. The construction was finished in 2016. Billionaire Mike Fernandez, former baseball star and real estate investor Alex Rodriguez, and Martin’s father, Pedro Martin, have all purchased properties.
Since finishing Grove at Grand Bay, he has collaborated with Jorge Pérez’s Related Group to construct the three Park Grove towers in Coconut Grove and is currently constructing the Mr. C Residences condo towers close by. On the north side of U.S. 1 and 27th Avenue, a mixed-use apartment building with retail space called His Grove Central is also being built.
Outside of Coconut Grove, Terra is involved in a number of projects. The 15.5-acre land owned by Genting Group in downtown Miami is scheduled to be purchased for more than $1.2 billion by a group led by the company and Martin. The transaction, where Martin most likely intends to build a sizable mixed-use community, is anticipated to finalize later this year.
Introducing Perigon’s Two Story Luxury Penthouse
New developments are popping up everywhere throughout Miami but one of the most opulent new construction towers in Miami Beach stands out from the crowd with the unveiling of its new penthouse at The Perigon.
Penthouse West is a $37 million residence situated over two levels and is the first penthouse to be unveiled at the new condominium project. Four bedrooms, five bathrooms, and expansive living areas are housed in 5,685 square feet of inside space, while an outside sanctuary is made up of an additional 6,487 square feet. The residence, positioned atop the contemporary 17-story tower, also offers magnificent views of the beach, the Atlantic Ocean, and the developing Miami cityscape.
Designer Tara Bernerd, renowned for her ultra-luxury work on single-family houses, yachts, and condo buildings, created the interiors of the building, including the penthouse. She used organic fabrics that go well with the stone, wood, and glass components as well as high-end finishes throughout the entire building.
The 22-foot ceilings in the double-height great room, one of the home’s many remarkable design features and amenities, steal the show. This space, which leads to a wraparound terrace, serves as the residence’s focal point. Here, Bernerd employed materials including Italian walnut, European white oak, and honed white marble with a subdued color scheme. With its high-end highlights and designer touches for occupants who are decor-conscious, the light-filled penthouse has the air of a five-star resort. Additionally, each room has a private terrace area and an en suite bathroom with a luxurious soaking tub.
Penthouse West is known for its indoor-outdoor lifestyle, and in addition to the various outside terraces, there is also a private, manicured rooftop. The landscapes featured in the facilities of the property and the garden in the penthouse were both designed by Gustafson Porter + Bowman, the same company in charge of the landscaping around the Eiffel Tower. The house also boasts a sundeck, a sunken 30-foot infinity pool, a full outdoor summer kitchen, and outdoor dining.
More than 20,000 square feet of amenity space are available to residents of The Perigon, including a breakfast and sunset lounge, a residents-only private restaurant, and a speakeasy run by chef Shaun Hergatt, a veteran of Michelin-starred establishments. Additionally, there is a cabana-equipped oceanfront pool, a terraced fitness center, a private salon, a screening room, a kids’ play area, and a pool room.
Vita Residences at Grove Isle Breaks Ground
Ugo Colombo of the CMC Group, one of Miami’s most well-known luxury developers, has started construction on Vita Residences at Grove Isle. The opulent boutique condominium is situated on the gated 20-acre private island of Grove Isle, which is close to the city’s fashionable Coconut Grove neighborhood.
The 65 exquisitely designed houses in the seven-story building, which is being constructed on the island’s final remaining beachfront parcel, will showcase unhindered panoramic bay views, exquisite detailing, and the finest materials and craftsmanship. The project is now under construction, and completion is anticipated in 24 to 28 months.
The majority of Vita at Grove Isle’s customers are from America, and more than 40% of the units there have already been pre-sold. The homes will range in size from 2,500 to 6,500 square feet and feature three-, four-, and four-bedroom units with dens. A group of twelve upscale penthouse houses will have private rooftop terraces with full-size swimming pools, full bathrooms, and summer kitchens that are each 3,400 to 6,600 square feet in size. Penthouses start at $12 million, with units starting at $5.5 million.
In order to create one-of-a-kind interior and amenity spaces for Vita at Grove Isle, Ugo Colombo collaborated with international architecture and design firm CallisonRTKL, regional architectural firm S & E Architects, and Italian designers Carlo and Paolo Colombo of A++ Architecture. The three buildings—Mare, Luce, and Sole—are designed to exhibit a singular architectural design and will provide a boutique living environment surrounded by beautiful, local vegetation. The graceful, curving shape of the structure, which was inspired by the island’s natural contours and maximizes views of the glittering Biscayne Bay, is a reflection of its distinctive Grove Isle position.
The waterfront retreat will offer a wide range of carefully chosen interior and outdoor amenities, including a private bayfront pool for residents exclusively, a poolside bar and lounge, a cutting-edge fitness facility, spa, and kids’ play area. Residents of Vita will also be given a house membership to the “Vita at Grove Isle Club,” which has lighted tennis, padel, and pickleball courts in addition to a club pool and a bar nearby. Additionally, residents will have access to the island’s private marina as well as a gourmet restaurant and bar offering lunch, supper, and cocktails that will be open to the general public.
Only the attention to detail in its design matches the level of preparation put into Vita at Grove Isle’s location and facilities. Each home will have a private elevator, a private foyer, modern open concept kitchens with hidden top-of-the-line appliances, elegant bathrooms with hand-selected book matched marble, masterfully crafted Italian stonework, custom Italian cabinetry, and pre-installed smart home technology like lighting, climate control, and water/air filtration systems, as well as at least 10-foot-high ceilings.
In addition to 24/7 valet service, private, individually covered garages with EV charging stations, accessible bike storage, and the most cutting-edge technology and WiFi capabilities installed throughout the building, residents also enjoy additional amenities.
Residents will also profit from Vita at Grove Isle’s personal concierge service, which will be available to help with a variety of arrangements and services, including home provisioning, housekeeping, child and pet care, personal shopping, private events, private drivers and transportation, car detailing, mail collection and forwarding, package deliveries, and more. This service is in addition to Vita at Grove Isle’s restaurant.
Additionally, Vita at Grove Isle residents will have access to the ‘Vita Linc’ app, a digital concierge service, which will enable them to register visitors and give them electronic keys, get in touch with the building’s management, send each other private messages, check on pending and delivered packages, access appliance manuals and condo documents, and request vehicles from valet.
If you or someone you know have an interest in purchasing at Vita Residence at Grove Isle, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Shakira is On the Move to Miami
Shakira has recently relocated to Miami with her children after leaving Barcelona, the hometown of her ex-boyfriend, Gerard Piqué.
The Colombian singer, who lived in Barcelona for eight years, explained in a farewell Instagram post that she was leaving following her breakup with Pique, 36, so she could begin “a new chapter.”
Shakira and Piqué first became acquainted while working on the music video for her song “Waka Waka (This Time for Africa),” which served as the FIFA World Cup 2010’s anthem. In March 2011, the pair announced their relationship for the first time. Last June, they made their breakup public.
Piqué, who was born in Barcelona, had a fruitful career with FC Barcelona, the illustrious team representing the city. Before the defender announced his retirement from the game in November 2022, his teams won eight La Liga championships and three Champions League trophies.
With the recent news of her departure, Shakira has been seen looking at homes across Miami and plans to spend up to $50 million for a mega-mansion.
Pictures of the glam pop diva and her brother visiting more than six potential properties in Florida’s wealthy neighborhoods were captured.
The 46-year-old is apparently renting a $15 million waterfront mansion while searching for a larger place to settle down with her kids Milan and Sasha, ages ten and eight.
Elite Villa Collection Launched in Bay Harbor Islands-La Maré
La Maré, an elite collection of two light-filled modern contemporary boutique condo towers, have launched in Bay Harbor Islands by Chicago-based Regency Development Group. Kobi Karp, a renowned international architect, created the vertically stacked tropical luxury villas with Debora Aguiar Arquietetos, a Brazilian designer best known for creating the interiors of 1 Hotel South Beach among other projects, is in charge of the exterior design.
La Maré is the first venture for Regency Development Group in the South Florida region. The construction is anticipated to begin later this year and be finished in 2025. The price of the villas will be between $1.375 million and $8 million.
Thirty-three units can be found in the eight-story Regency Collection glass-clad contemporary boutique building. Nine to ten foot floor-to-ceiling windows open out to large wraparound outdoor living spaces. The homes units will feature direct private elevator access with 1,600 to 4,000 square feet of living space, two to four bedrooms, and two to four and a half bathrooms.
The north and south corners of the second floor are adorned by two opulent 4,200 square foot Bay Villas, each with a spiral staircase leading to a ground deck with a private pool and a summer kitchen. Two of the building’s four penthouses, which have access to their own private rooftop pools and summer kitchens, are flow-through corner residences.
Nine units in an eight-story structure from the Signature Collection will be meticulously created for families with seclusion at the forefront and will range in size from 2,100 to more than 4,200 square feet.
The Signature and Regency Collections will feature bayfront verandas and outdoor spaces with landscaping, boat slips, lounge areas, and a resort-style rooftop pool deck with a pool, jacuzzi, and lounge chairs.
Low impact, all-glass buildings that are LEED certified and blend in with Bay Harbor’s community will be built on elevated piles to allow them to be independent of high and low tides and adapt to South Florida’s constantly changing weather.
A modern fitness center, a wine cellar, and an outdoor kitchen and bar lounge are just a few of the exclusive Signature Collection building features. The price range for these villas will start at $2.875 million to $6.3 million. Later this year, construction is slated to begin, and it will likely be finished by the end of 2024.
Construction for Alana Bay Harbor Islands Set to Top Off in 2024
A multi-million dollar residential development called Alana Bay Harbor Islands is planned to top-off and complete construction in 2024.
Alana Bay Harbor Islands is sited at 9901 W Bay Harbor Drive, Bay Harbor Islands, Florida 33154. The developer was required to demolish a low-rise apartment prior to development.
There will be 30 units in the seven-story residential tower, with one- to three-bedroom floor plans. Homes range in size from 1,229 square feet to 1,662 square feet. Units will start at $761,000.
A fitness center, kids’ play area, residents’ gathering room, and rooftop sanctuary are among the communal features. A pool with an infinite view is also present. Alta Developers is listed as both the developer and the general contractor.
The architect is Revuelta Architecture International. In its conceptual representations, a posh mid-rise structure with an art deco exterior made of glass is seen. In addition, the project has David J. Odishoo-designed lush gardens and high-speed wi-fi throughout all of the common areas.
Interior designer Bea Interior Design is responsible. The project was created using soft natural materials, custom millwork, and finishes that express a one-of-a-kind perspective on island life.
Developers for E11EVEN Residences Beyond Announces Exclusive Social Club with Chicago Roots
In Miami’s renowned Park West Neighborhood, the ultra-luxury, dual-tower E11EVEN Residences Beyond will house The Clayton, an exclusive private social club with Chicago roots. The upscale social club from Chicago will take up 10,000 square feet on the second floor of the tower, which is being built at 90 Northeast 11th Street and being developed by PMG and E11EVEN Partners.
With facilities in Chicago and Washington, D.C., and a reputation for being both reassuringly elite and welcoming, The Clayton focuses on giving its members and visitors an ultra-premium experience and exceptional memories. In addition to exclusive meeting rooms and cigar hideaways, the club itself will have beverage and dining experiences. The club will be located at E11EVEN Residences Beyond on the second floor of the structure.
According to the Managing Partner at PMG, Ryan Shear, “E11EVEN Residences Beyond is a catalyst for growth and new energy in District 11. The Clayton perfectly aligns with the vibe and exclusivity of E11EVEN Residences Beyond and will offer the residents a unique experience. We are thrilled to curate first-time experiences in Miami by partnering with world-class tenants and partners.”
The first tower, E11EVEN Hotel & Residences Miami will feature 449 turnkey residences and hotel rooms, while E11EVEN Residences Beyond, the second tower, has 558 ultra-exclusive condominiums. Both residences have a presidential collection and penthouse suites in addition to floorplans that range from studios to two bedrooms. Each unit has fully integrated “smart building” technologies, Subzero and Wolf kitchen appliances, ITALKRAFT Italian-made handmade cabinets, premium finishes, and designer-selected furniture. Internationally renowned Sieger Suarez Architects will create the buildings’ towering 65 stories, while award-winning design firm AvroKO will create their interiors.
A multi-level 20,000 square foot day club, a world-class wellness center designed by Chopra Spa & Studio, an 8,000 square foot sports lounge in the style of a casino, a members-only rooftop experience, a world-class med spa, and five-star dining options are just a few of the amenities offered by the E11EVEN Hotel & Residences. Buyers at E11EVEN Residences Beyond will have exclusive access to their own variety of private facilities in addition to the first tower’s amenities to create an ultra-exclusive, buyers-only experience. These consist of a helipad, a sundeck with a pool and private lounge spaces that seems like a resort, a modern fitness facility, and executive office suites with employees on hand.
Renderings Revealed for Ora by Casa Tua
Renderings have officially been released for Ora by Casa Tua as well as the plans have been filed with city planners for the 76-story tower located at 1210 Brickell Avenue.
The ORA’s design was created by the internationally renowned and award-winning architecture firm Arquitectonica. The company drew inspiration from today’s constantly changing culture to design numerous outdoor levels at ORA that connect to nature and the environment, with the goal of allowing visitors to enjoy and experience the city of Miami from a unique angle.
The interiors of the residential and amenity areas are being designed by m2atelier, a company founded by Marco Bonelli and Marijana Radovic and renowned for its personalized approach.
Amenities:
Private office spaces
Conference rooms
Content production rooms
Bar lounges
Outdoor seating
Second Pool with sun deck, loungers, cabanas, and a jacuzzi
Show kitchen
Private event space
Lush green vegetation
Three-story open sky garden
Two-floor fitness and wellness facility with a harman and couples treatment rooms
Entertainment bar
Residence Feature:
Floor-to-ceiling windows
10 foot ceilings
Italian-designed kitchen with premium appliances
Italian-designed bathrooms with imported fixtures
Smart home technology
Pre-wired for high-speed internet
Roomy walk-in closets
Washers and dryer
Views of Brickell, Biscayne Bay, and Coconut Grove
Residences at ORA will start at $800,000 and range from 500 square foot studio homes to 2,400 square foot, four bedroom fully furnished residences that will be ready for immediate listing as short-term, seasonal, or long-term rentals.
Edgardo Defortuna, the creator of Fortune International Group, is a pioneer in real estate development, financing, construction management, sales, and marketing. In addition to others, they are currently building the Nexo Residences in North Miami Beach, The Ritz-Carlton Residences in Pompano Beach, and the St. Regis Residences in Sunny Isles Beach. They most recently built The Ritz Carlton Residences Sunny Isles Beach and the renowned Jade Signature, designed by Herzog & de Mueron.
If you or someone you know have an interest in purchasing at ORA at Casa Tua, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Miami Beach’s Star Island is Now Ranked as the Nation’s Highest Priced Neighborhoods
Miami Beach’s exclusive Star Island has taken the top spot among the most expensive areas in the country, surpassing Port Royal in Naples, FL, Beverly Hill’s Gateway, and Trousdale Estates in Beverly Hills. In 2022, the price of the typical home sold on the island was $40.2 million, an increase of $16.7 million and 71% from 2019 when it was $23.5 million.
Ken Griffin, the founder of Citadel and a heavyweight in the hedge fund industry, has spent a total of $170 million over the past few years buying a collection of five houses on the island. Griffin made a big impression when he paid $75 million for a 1993 demolition on 1.8 acres at 8 Star Island Drive. At the time, the sale broke a record for Miami-Dade County single-family home sales, but Griffin is no stranger to shattering records.
Griffin also bought the nearby 10 Star Island for $25 million, 11 and 12 Star Island Drive for about $37 million, and 13 Star Island for $32.5 million in an off-market purchase. Also, he was the owner of 14 Star Island, which he acquired for $24 million in 2020 and reportedly traded for 13 Star Island for $18.5 million with former New York Yankee and real estate mogul Alex Rodriguez.
Griffin is not the only well-known investor who has bought and sold on the Island. Stuart Miller, the executive chairman of Lennar, paid $33 million for the old 4 and 5 Star Island Drive owned by Thomas Kramer, which marked the beginning of a protracted series of deals on the renowned island. With Todd Michael Glaser, Stuart Miller created an extravagant model home at 22 Star Island that was designed by DOMO Design and sold for $49.5 million in an off-market transaction managed by David Solomon and David Miller.
The owner of the NBA’s Memphis Grizzlies, Robert Pera, purchased the 1.9-acre property next door from Miller in 2019 for $25 million. A contentious 28,000 SF seaside home with a basketball complex is being built by Pera. Marc Iacovelli sold the historic Carl Fisher estate at 46 Star Island Drive to Roger and Sloan Barnett for $39 million on the other side of 22 Star Island. On the island, Shay Kostiner recently sold his vacant lot at 44 Star Island for $10 million, while Anthony Hsieh, the founder and CEO of LoanDepot, just paid $30 million to purchase 34 Star Island Rive.
Just over the MacArthur Causeway from Fisher Island’s entrance and Miami Beach’s South of Fifth district, the gated Star Island has long been one of Miami’s most sought-after neighborhoods. The Army Corps of Engineers constructed the island in 1922 as part of a dredging project, and Carl Fisher turned it into an island for the affluent and well-known. Celebrities and billionaires like Gloria and Emilio Estefan, Philip Frost, Sean ‘Diddy’ Combs, Alex Rodriguez, Stuart Miller, and Vladislav Doronin currently reside on the island.
