We are going to take a break from #MarketStatMonday this week, because I have a ton of photos to share! Brickell Heights and Brickell Heights 02 are opening this week, and we got a preview tour of the project. There are so many photos, I will break them up into three posts. First, we’ll look at the units themselves, then we’ll tour the amenities and the new streetscape, curtained by the mural from famed artist, Fabián Burgos.
When we arrived in the East lobby, Jorge Perez, Carlos Rosso and Jon Paul Perez were finishing up a walk through to get ready for their big opening celebration on Wednesday night. They were followed by a swarm of people, an art curator, a landscape architect, and several others.
You can see by Mr. Perez and Mr. Rosso’s faces that the project is almost there, but not quite perfect yet. The lobby needed more trees, but not just any trees… there is a specific look they are going for. The trees needed to be tall, decorative trees to highlight the art. I was pleased to see them involved in this level of detail of the project. So, let’s get going…
Brickell Heights’ East Lobby
After finishing up his appointment, Carlos took us on a thorough tour of the building. Here he is, getting into the elevator to get started.
We toured the units on level 10, and the amenities are on level 9. Here is the branded elevator panel.
I like how the new kitchen designs allow more storage. Even in the galley kitchen of the two bedroom corner layouts, there is a large wall next to the kitchen that allows for custom cabinetry.
Kitchen in 1 Bedroom Unit
Kitchen In 2 Bedroom Corner Unit
Master Bath Double Vanity
Master Bath Soaking Tub
Guest Bath
This is the view from the lowest residential level of the building. On the North side, residents look into Brickell City Centre, which is 4 stories. On the East, they look onto the pool deck of SLS Lux. On the South, they look over Mary Brickell Village.
10th Floor City View
View of SLS Lux’s pool deck from the 10th floor of Brickell Heights
For those interested in renting in the building, we are keeping a list of people who want to be among the first residents. Let us know if you would like to be included.
Stay tuned for the amenities’ tour, including rooftop view photos and news about the streetscape.
SLS Brickell’s Jose Andres & Michael Schwartz Cheffed Restaurants Are Taking Fall Reservations
Bazaar Mar by Jose Andres
SLS Brickell Hotel & Residences’s two big-name, celebrity-chef-overseen marquee restaurants are both set to open this fall, at about the same time that the rest of that residential and hotel tower built by the Related Group and managed by SBE debuts.
SBE Group has just begun accepting reservations on OpenTable for Fi’lia, an Italian restaurant created by Miami-made Chef Michael Schwartz beginning October 15th, and Bazaar Mar, a seafood spectacular by big-time celeb-u-Chef Jose Andres, beginning Tuesday November 15th. The mid-Fall timing coincides logically with the first opening month or so of Miami’s high-season, when we’re getting lots of global attention but everyone in the world hasn’t arrived yet. Sounds like the perfect time to open a restaurant.
F’ilia by Michael Schwartz.
Anybody Want to Buy The $20M Penthouse Jorge Perez Said He Was Going to Retire In?
When the Related Group’s One Ocean was under development, company President Jorge Perez declared he would be moving out of his large family home (in Coconut Grove, if I remember correctly) into the premier penthouse of this building. The kids were all grown up, so he and the wife were doing what empty nesters do, looking forward to retirement, and moving into a $20 million condo by the beach.
Then he changed plans. The building was completed, and fully sold out, and for some reason Mr. Perez decided to swap the unit for a place one tenth of the price at another project he’s developing, Auberge, in Fort Lauderdale. Or at least that’s the official story, because as anybody who knows anything about anything knows, it could all be marketing, baby. And $20 million is $20 million, even for a billionaire workaholic who has built half the condo buildings in Miami, like Perez.
The unit, which has been officially on the market for about a month comes with 3,500 square feet of indoor living space, four bedrooms, five and a half baths, wrap around balconies, and a rooftop terrace with hot tub. Gorgeous views of South Beach, the ocean, and some of Perez’s South Pointe developments from past real estate booms are complimented by white marble in the kitchen and baths, and Dutch wood floors.
Hyde Beach House Breaking Ground in Hollywood Beach September 6th
Update: Carlos says it’s the 6th now, not the 7th.
The Related Group’s Hyde Beach House, the last tower in its cluster of projects straddling the Hollywood, Hallandale Beach border, is breaking ground September 6th, Carlos Rosso, President of Related’s condo division, told Miami Condo Investments. The condo tower follows Apogee Hollywood Beach, the first completed South Florida condo tower of this real estate cycle, the Hyde Beach Club, Beachwalk, and the Hyde Resort. The entire rest of the assemblage has been completed except for the Hyde Resort, which will begin closings by the end of the year, says Rosso.
“It’s the Market” Says Carlos Rosso on Auberge Miami Delay Until at Least Late 2018
Scene from the Auberge Miami Launch Party at the the project’s sales center. Sean McCaughan.
Auberge Miami is being delayed until at least late 2018, and they have offered lease extensions to at least one tenant of the existing structure on the site until the middle of that year. According to Related’s condo division president Carlos Rosso, who spoke to Miami Condo Investments, “it’s the market.” Surprised? Probably not.
“We are selling, and as soon as we get to our (desired) presales we will start construction. The sales center is open” Rosso said. In April the Related Group reported that reservations at the first of the three planned towers at Auberge Miami were at 20 percent, while the more recent ISG second quarter market report placed sales at a more modest 15 percent, with both presale numbers reflecting the significantly slumping real estate market. As ISG Principal Craig Studnicky, whose firm has a partnership with Related, told the Real Deal, “It’s not terribly surprising” that Related would chose to delay the gargantuan condo project by a year, or more. (The first tower is planned to have 290 units, while the while the whole thing was designed with a whopping 1400) “Related will keep pushing” until they hit the right sales number, Studnicky said.
And, as Rosso basically confirmed, it looks like that’s exactly what Related is doing, according to leasing emails leaked to The Real Deal for some of the existing commercial space on the site, offering an extension to a current tenant until late August 2018. This means that instead of the originally planned 2017 groundbreaking, they likely don’t plan on building a thing there until at least late 2018. Of course, that also depends on how sales go from here.
Is An Ultra Expensive Condo Project Coming to Terminal Island?
Previous project designed for the site, by Lord Norman Foster.
Back in 2014, developer Harvey Hernandez pitched a public-private partnership to the City of Miami Beach to build a luxury condo tower on Terminal Island that would be designed by Lord Norman Foster. The idea was rather fabulous of course – a ship-like form perched in the middle of Biscayne Bay, right next to the cruise ships – and even though Miami is the place where fabulous things come true, it didn’t.
But something like it might. According to The Next Miami, the Related Group has now likely gained control of a 3.71-acre piece of land on the property through a series of deals made last month. Meanwhile, in a Bloomberg article announcing condo king Jorge Perez’s desired departure from Related in a few years, and his plan to hand the reins over to his sons, also mentions that son Jon Paul Perez “recently brought in a deal in the Miami Beach area that he said would be the site of the company’s priciest-ever condo project on a per-square-foot basis, with units costing more than $2,500 a square foot.” Could this be that? If so, it would be right up there with his father’s most spectacular projects.
Paraiso Construction is Going Absolutely Full Throttle
Looking at ONEParaiso. Photos by Christian Tupper, Related Group Sales Manager.
Now that they moved that sales center out of the way and the Paraiso Beach Club is underway, construction at the Related Group’s Paraiso community in Edgewater is going like gangbusters, with work ongoing at every element of the project except for the public park. That’s were the sales center is located. Christian Tupper, a sales manager for Related, updated us on the construction progress of each element of Paraiso as well as the remaining availability.
PARAISO BAY (sold out): construction currently on the 53rd floor.
ONE PARAISO (2 Penthouse units available): construction currently on the 10th floor.
Paraiso BAYVIEWS (2 Bedrooms from $580K and Penthouses avaialable): construction currently on the 10th floor.
BAY HOMES (Liner units below the Paraiso Bay and Gran Paraiso amenity deck. 5 units available): construction currently on the 4th floor.
GRAN PARAISO (1,2,3,4 Bedroom & Penthouses Available): construction currently on the 4th floor.
Paraiso Bayhomes.
ONEParaiso.
ONParaiso
Paraiso Bay.
Paraiso Bay.
Gran Paraiso.
Paraiso Bayviews.
Paraiso Bayviews.
Paraiso Bay.
Paraiso Bay.
Related Just Unveiled SLS Brickell’s Dramatically Diagonal Balcony Lights
Photo by Marcos Viñas, courtesy Instagram @anapaulacg.
The Related Group’s SLS Brickell condominium tower in the heart of Brickell is fast approaching completion, with closings comin’ up soon. How soon? According to Carlos Rosso, Related’s Luxury Condo Division President, they’re planning on September 1st. In anticipation, the tower was set ablaze last night with a dramatic outdoor lighting scheme of dominated by diagonal rows of twinkling blue dots affixed to small promontories poking out of the building’s balconies, then wrapping around the building at the corners. The effect is really very cool, although last night was a test. How did the test turn out? Well, it looks pretty great,. but as you can see a few big chunks of balcony lights stayed in the dark. Looks like someone might have to do some more testing, Christmas light style.
Photo courtesy Carlos Rosso.
Photo by Sarah Elles Boggs.
Paraiso Beach Club Breaks Ground, Sales Center Shimmies Over
Paraiso Beach Club
The Paraiso Bay Beach Club has broken ground, according to Related Group President Carlos Rosso, following the first two towers of that megaproject: Paraiso Bay, which appears to be approaching top-off and OneParaiso, which has a way to go. To make room for the club, the current sales center, a pre-fab modular structure, has been merely broken apart and, like the space station, one side stuck on another. Check out this video by agent Carmen Casadella of the sales center playing its little game of musical chairs.