Fort Partners Purchase Land in Surfside to Build 14-Story Condo
A subsidiary of Fort Partners, which constructed the opulent Four Seasons Residences at the Surf Club in Surfside, spent $41.5 million for an oceanfront plot of land in the community where a new condominium will be constructed.
9165 Surfside LLC, acting on behalf of Wexford Real Estate Investors of West Palm Beach, sold the 0.54-acre site at 9163 to 9165 Collins Ave. to Hillcrest Land LLC, acting on behalf of Fort Lauderdale of Fort Lauderdale. 9165 Collins Ave Lender 1 LLC provided the buyer with a $50 million mortgage.
The Hillcrest by the Sea co-op building, which was constructed in 1949, is still located on the land, which is close to the north of the Surf Club. A premium apartment will be built in the place of that 24-unit structure.
The land will be redeveloped with a 14-story condo in 10 levels and 32 spaces in an underground parking garage, according to plans approved by town officials in 2022. Condos would be very big, with 10,000 to 12,500 square feet of space.
The proposal was created by Hollywood firm ODP Architecture.
This continues the pattern of older co-op and condo buildings along South Florida’s coast being purchased and renovated into luxury condos to accommodate the inflow of affluent out-of-state residents.
Just south of Collins Avenue, Fort Partners plans to build another condominium.
Shore Club Private Collection South Beach Unveiled by Witkoff and Monroe Capital
With the debut of the Shore Club Private Collection in South Beach, 49 residential units created by Robert A.M. Stern Architects will be available, including a brand-new, 200-foot-tall oceanfront tower that is the renowned designer’s nautically-inspired take on the region’s famous MiMo architecture.
With a rounded shape influenced by ocean waves and replete with nautical and yachting allusions, it will rise 18 floors and no floor plans are the same.
A pool and private gardens are just two of the resort-style features available to members of The Shore Club Private Collection apartments, which are managed by Auberge but offer solitude and seclusion within the 5-star resort.
Interior design elements include mahogany and oak woods, nickel, brass, and other light metalwork accents, swooping walls, and arched windows, all of which are references to the materials and shapes of classic yachts. Units will start at $6 million.
Four duplex houses are located on the upper floors of The Cromwell, a different 1939-built structure that is also being refurbished and integrated as a private entrance for residents.
A 6,000-square-foot single-family beach house for the Shoreclub Private Collection, which was similarly created by RAMSA, is also under construction.
On the project, RAMSA worked with Miami-based Kobi Karp Architecture & Interior Design. Landscape planning is being managed by Island Planning Corporation with developers Witkoff and Monroe Capital.
$80 Million in Sales in the Last 60 Days at The Elser Hotel & Residences Miami
In the last 60 days, sales of $80 million have been completed at the 49-story luxury condominium building The Elser Hotel & Residences Miami, which is under construction nearby at 398 NE 5th St.
With 75% of purchases coming predominantly from Colombia, Mexico, and Chile, this enormous sales volume indicates the crucial return of Latin American investment in South Florida as well as the persistently strong demand for turnkey, new construction properties in the center of Downtown Miami.
The Elser Hotel and Residences are located in the same lively area and have the same sparkling views of Biscayne Bay that Elser Pier did in the early 1900s. Elser Pier’s prime location in Miami’s thriving downtown area contributed to its status as the city’s top convention and entertainment hub.
Tourists and locals alike were drawn to the pier’s variety of venues and waterfront views. The legacy and extraordinary success of Elser Pier altered the future outlook for the corridor and created the foundation for the bustling bayfront metropolis we know today.
The Elser Residences Miami is a development of carefully designed studio, one-, two-, and three-bedroom condos. Elser, located in Miami’s most alluring area, Downtown Miami, will provide a vibrant and rich community fuelled by culture, glitz, and wellness. Find a wealth of amenities for living, working, and playing. Units will be available this summer for move-in.
Facts and Features
49-story tower located in Downtown Miami
Developed by PMG and Greybrook Partners
Designed by internationally renowned architecture firm Sieger Suarez Architects
Approved for short-term rentals
On-site hospitality management
Views of the Miami skyline, unobstructed views of Biscayne Bay and the Atlantic Ocean
Over 19,000 square foot double-height amenity deck overlooking Downtown Miami
and Biscayne Bay
132-Foot Resort Style Pool with private lounge areas
Two-Level Modern Gym & Fitness Studio
Co-working Lab
Valet Parking
Electric Vehicle Charging Stations
Latest Smart Building Technology
Only The Elser Hotel & Residences Miami would have a short-term rental program that was expertly run by a five-star operator among the current inventory in Miami. The structure would be open to unlimited day rentals.
Residences start at $600,000 or the equivalent in bitcoin, according to PMG Residential, the property’s exclusive sales team.
The Crosby Miami Worldcenter Construction One Step Closer to Breaking Ground
The Crosby Miami Worldcenter, has applied to the Federal Aviation Administration for height approval. According to a filing with the agency on January 12, the tower will be 377 feet above ground, or 390 feet above sea level.
The construction permit that was filed in July 2022 states that The Crosby will include 450 condo units and 3,370 square feet of retail in a 33-story tower.
The Crosby Miami Worldcenter will sit on 0.55 acres in the Park West neighborhood of Miami. The units themselves will be fully furnished and finished from studios to two-bedroom floor plans. Square footage will range from 350 to 825 square feet and pricing will begin in the low $300,000. Interiors will be curated by AvroKo.
Residence Features Include:
9-foot-high ceilings with floor-to-ceiling glass windows
Balcony with every residence
Finished interior and exterior flooring
Gourmet kitchens featuring custom Italian cabinetry
Bosch appliances, including paneled refrigerator/freezer, dishwasher, built-in convection oven/microwave, and cooktop
Rain showers in primary bathrooms and custom Italian vanities
Full-size washer and dryer in unit
Fully built-out closets
Contemporary lighting packages, including recessed lighting, dimmers, and lighting control
Brilliant smart-home system offering seamless personalization with the touch of a button, including the ability to control audio, climate, window treatments, and lighting systems
Smart keyless entry system allowing you to unlock your door via smart app, door code, keycard, or Apple Watch
The Crosby will be designed by Cohen Freeman Encinosa (CFE) Architects. The design of the tower appears modern with floor-to-ceiling glass windows on every floor and expansive terraces throughout. The Crosby features over 22,000 square feet of luxury amenities from a rooftop pool to a ground-floor restaurant.
Tower Amenities Include:
Expansive rooftop resort-style pool with jacuzzi, cabanas, and grilling stations perfect for entertaining
Inviting fire pit lounge with breathtaking views of the Biscayne Bay skyline
State-of-the-art fitness center featuring saunas and plunge pools
Clubroom with private dining and stunning water views
Convenient juice and coffee bar
Spacious coworking center
Gaming lounge
Curated museum-quality art throughout all common areas
24/7 security services, high-speed elevators, and controlled property access
24/7 concierge services European porcelain flooring
The Crosby will have no rental restrictions and the buyers are able to rent out their units using any available platform for as many days as they would like. In the announcement, Related expects the buyers to be mostly investors due to there being no restrictions.
If you or someone you know have an interest in purchasing at The Crosby Miami Worldcenter, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Sales Launch for Rivage Bal Harbour
In Bal Harbour, the Related Group, Two Roads Developers, and Rockpoint have started taking reservations for an opulent condo on the beach.
At 10245 Collins Ave., Rivage Bal Harbour will include 61 “sky villa” condos spread over 24 stories. By purchasing the Carlton Terrace condo building and ending its association, the developers, acting via Carlton Terrace Owner LLC, obtained the 2.55-acre site. The high-end skyscraper will take the place of the existing condo.
This is part of a pattern where developers are purchasing older condos along the ocean in South Florida since the property is now worth more than the older condo towers, which frequently need a lot of upkeep as they get older.
In the meantime, there is a significant demand for large condos on the ocean in Miami-Dade County due to an inflow of wealthy residents from high-tax areas.
The Rivage Bal Harbour will include apartments ranging in size from 3,300 square feet to 13,000 square feet for penthouses. Prices range from $8 million to $64 million for them.
In addition to a fitness pavilion, a hammam spa, and pickleball courts, the property will have more than 25,000 square feet of wellness-related activities. A pool, a cocktail lounge, a VR game simulator, and a kids’ playroom will all be available as extras.
CFE Architects in Miami Lakes and Skidmore, Owings & Merrill in New York collaborated to create Rivage Bal Harbour. The interior designer is Rottet Studio.
Before the end of 2023, the developer claimed they intended to start construction on the condo.
One River Point Receives FAA Height Approval
The Federal Aviation Administration has given its certification for the One River Point towers in downtown Miami. The FAA allowed the towers to rise to a height of 788 feet above ground, or 797 feet above sea level, in a letter that was sent out on January 16.
The same property received FAA approval in 2014 for a construction height of 928 feet above ground (that approval expired in September 2018). The FAA then gave the towers additional certification in 2019.
Developers Edgardo Defortuna of Fortune International Group and Shahab Karmely of KAR Properties announced their collaboration to construct the buildings in November 2022.
The original developing company sold the property to the new partnership for $58.85 million.
According to records, Bank OZK gave the developers a $38 million loan for the 1.8-acre site at 24 Southwest Fourth Street in Miami. According to Defortuna, the loan is a line of credit to be utilized for the 386-unit luxury condominium’s development, sales, and marketing. After the unit plans are completed, sales should begin this year.
The developers will make a few changes while maintaining Rafael Violy’s original concept. An 85-foot waterfall, a three-story glass skybridge that floats in midair, and an exclusive members-only Adrian Zecha “Sky Club” on the 55th level with two restaurants, a cigar lounge, a wine cellar, and a screening room were all originally planned.
If you or someone you know have an interest in purchasing at One River Point, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Uber and Miami’s Brightline Joining Forces
Uber and Miami-based Brightline have teamed together to give customers more transportation choices throughout South Florida.
The collaboration aims to satisfy client demand and improve Brightline+, a door-to-door service that already offers electric golf carts, airport and event shuttles, and door-to-door transportation.
According to the passenger rail firm, Uber will increase the number of vehicles available to passengers on the Brightline+ network. In the United States, this is the first time Uber has connected to a faster intercity rail service.
The Brightline app or website now allows users to add shared or private Uber rides when purchasing rail tickets. By guaranteeing a driver is waiting curbside to take passengers to their next location, the new in-app booking function aims to eliminate wait periods.
While Smart users can pay to add additional journeys to and from the station without distance limits, Brightline Premium passengers will receive complimentary rides within a 5-mile radius.
The fixed-route and electric vehicle shuttles of Brightline+ will still offer walkup rides. Destinations in Miami Beach, Miami International Airport, and Fort Lauderdale-Hollywood International Airport can all be reached via fixed-route shuttles.
In order to make it simpler for users to reach the stations and destination points, Brightline+ was introduced in 2021. Currently, Miami, Aventura, Fort Lauderdale, Boca Raton, and West Palm Beach all have Brightline stations. This year, it intends to start offering service to Orlando.
Chug’s Express at Miami Worldcenter Opening Monday, January 16, 2023
Chug’s Express will officially open on Monday, January 16th at Miami Worldcenter! For your morning coffee and some items to-go, stop by Chug’s Express, which is open from 8:00 am to 3:00 pm at the Caoba building at 698 NE 1st Ave in Miami, Florida 33132. Favorites from Chug’s Diner including croquetas, pastelitos, and coffee will be available at the Chug’s Express “ventanita.”
Breakfast Sandwiches
Sausage, egg & cheese house-made pork sausage, American cheese, scrambled egg, mayo
Chug’s Express is owned and operated by the Ariete Hospitality Group. Ariete Hospitality Group extends beyond excellence in cuisine, drink, and hospitality. They are dedicated to elevating the bar for dining in Miami and demonstrating to the world that the city is capable of providing top-notch dining experiences with every concept.
The staff is led by Executive Chef and Owner Michael Beltrán, a native of Little Havana who later trained with Miami’s greatest chefs before launching AHG’s flagship restaurant, Ariete. AHG’s Ariete has been recognized with a 2022 MICHELIN guide star for Chef Beltran’s, who has twice been nominated as a semifinalist for the James Beard Award for Best Chef: South and a 2021 StarChefs Rising Star.
Chef Beltran’s interpretation of a Cuban-American diner, Chug’s Diner, has also been recognized with a 2022 MICHELIN guide Bib Gourmand. This enterprise is personal for Chef Beltran and the staff who have embraced the vision for Miami.
Developer Unveils New Renderings for St. Regis Residences Sunny Isles Beach
New renderings have officially been revealed for the highly awaited St. Regis Residences Sunny Isles Beach located at 18801 Collins Avenue in Sunny Isles Beach. The renderings give us more insight into the luxurious views as well as the amenities that St. Regis has to offer but don’t take our word for it, look for yourself.
This beachfront ultra-luxury residential complex will consist of two 62-story towers that will add to the already growing Miami skyline. St. Regis Residences Sunny Isles Beach will be designed by Arquitectonica with interiors by So Paulo-based Anastassiadis and landscaping by EDSA. The site itself will feature 435 feet of beachfront property with panoramic views of both the Intracoastal Waterway and the Atlantic Ocean.
The two towers will be referred to as the north and south towers. Sales will be launched on the South tower first with options of 194 residences that range from 2 to 4-bedroom floor plans including a selection of penthouses. The North tower is planned to feature 180 residences but sales will launch at a later date.
The residences themselves are exactly what you would think of when you hear the name St. Regis, and that’s luxury.
Residence Features:
Spacious floor plans boasting unobstructed ocean, city, and Intracoastal views
Ceiling heights clearing 10ft in regular units and 12ft in penthouses
Fully finished with flooring and closets
Private elevator and entry foyer in all residences
Service elevators
Italian-designed kitchens with Quartz countertops
Miele appliances including a wine cooler
Walk-in closets in all primary bedrooms
Laundry rooms with full-size washers and dryers
Smart home technology ready
Service quarters in select residences
Full-floor residences with spacious floor plans
East and West terraces with pool on the east
Spacious terraces with luxurious private pool and jacuzzi
Summer Kitchen
Custom-designed Italian cabinetry
Graciously appointed primary suits and separate service quarters with separate entrance
Stunning, 360-degree views of the Atlantic Ocean and Intracoastal Waterway
Indoor BBQ
Indoor/Outdoor living space
Spread throughout the 2 towers will feature 70,000 square feet of amenities.
Managed by the St Regis Hotel Company, without hotel premises.
Grand entry driveway and 2-story porte-cochere
Impressive two-story lobby
10 Guest Suites per Tower
Concierge Services
Pet-friendly and much more
Private beach facilities
Oceanfront and sunset pools
A signature restaurant
Wellness center
Spa
Athletic club
The construction plans show 1,000 parking spots available for residents and the starting price for units begins at $3.5 million. The project is expected to begin in 2023 and be delivered in 2026.
If you or someone you know have an interest in purchasing at St. Regis Residences Sunny Isles Beach, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
