New Development Proposed at Brickell Key

Brickell Key Miami
Brickell Key Miami

Swire Properties submitted a request to the Federal Aviation Administration in late December in order to bring the supertall development to Brickell Key, a posh residential island outside of Miami’s financial sector.

According to the designs, there will be two towers: one rising 700 feet and the other rising 1,049 feet, making it a supertall skyscraper. At the southernmost point of the enclave, at Brickell Key Park, both would be situated.

The vacant land at the southern end of Brickell Key, which the firm claimed was being kept for development or sale, is owned entirely by Swire Properties, according to the company’s 2021 annual report.

Although Swire’s precise plans for the property are yet unknown, the park is zoned for residential use. Additional to the development’s height, no other information regarding it is included in the application.

The 2.4-acre park was purchased by the Miami-based developer in 1997. There is currently no developer listed on the FAA filing.

Aman Miami Beach Development Receives $242.4 Million Construction Loan

Aman Miami Beach
Aman Miami Beach

Bank OZK has approved a $242.4 million construction loan for the oceanfront Aman Miami Beach development. Doronin’s OKO Group and Blavatnik’s Access Industries are collaborating on the two-building luxury hotel and condo project at 3425 Collins Avenue.

Bank OZK’s latest round of financing supplements a $34.8 million loan it provided the developers in May 2020.

Doronin is the owner of Aman, a luxury hotel chain that is branding the project. Aman Miami Beach will include the restoration and renovation of the site’s 16-story historic Versailles tower, as well as the construction of a new 18-story ground-up condo building. The plan is for a 56-room hotel and 22 luxury condos.

The developer wants to make changes to the lobby of the Versailles, which was designed by Roy France and completed in 1941. The amendments will be voted on by the Miami Beach Historic Preservation Board next week.

The development of the surrounding Faena District, which includes Faena House, Faena Forum, and Faena Hotel, was supported by Blavatnik.

Dustin Stolly and Jordan Roeschlaub of Newmark arranged the loan for the Aman project, which is expected to be completed in 2024. The condo component has been fully pre-sold.

Miami’s First Distillery Opens February 2023

Tropical Distillers in Miami
Tropical Distillers in Miami

Tropical Distillers, a liqueur manufacturer, has opened Miami’s first distillery. A fully automated distillery with an on-site cannery, a 30-seat bar, and tasting room, and a gift shop with items only available at the distillery are all included in the area.

The facility creates JF Haden’s Craft Liqueurs line, which includes flavors including mango, lemon, and coffee. Also being developed are several additional goods.

Buzzy Sklar, the CEO and founding brand partner of Tropical Distillers, together with Mike and Maurkice Pouncey, two former NFL players, and real estate agent Kim Rodstein are partners in the distillery.

According to Sklar, “doesn’t fit any mold; we are one-of-a-kind in Miami, offering locals and visitors alike a unique beverage destination that is not only entertaining and aesthetically pleasing, but also informative.”

Visitors will be able to sample cocktails including the Cafecito Martini, Floridian Martini, and a variety of frozen drinks on Fridays and Saturdays from 5 pm until midnight.

A 1,500-square-foot outside deck at Tropical Distillers offers more seats and access to nearby food trucks. The neighborhood of Allapattah’s 8,000-square-foot location was scheduled to debut in December 2021 but was held back.

From Thursday through Sunday, at 1 pm, 3 pm, and 5 pm, there are guided tours available for $25. The event includes pick-ups from places in Miami and tastings of five different concoctions.

Financing Obtained for 3 Tower Development Near Miami River

One Brickell II Construction Update
One Brickell II by the Related Group

Truist Bank, based in North Carolina, has given the Related Group, a $164 million construction loan for the first of three skyscrapers planned for a premium 3.9-acre development site along Brickell Avenue, south of the Miami River.

The 47-story building, also known as One Brickell Tower II, is expected to rise at 77 Southeast 5th Street to a height of about 478 feet and contain 506 units. The entire mixed-use development, which includes the anticipated 75-story Baccarat Residences Miami and an 82-story hotel and residential tower, is designed by Arquitectonica. The tower’s general contractor is John Moriarty & Associates, and work is anticipated to start next month.

The most recent rendering for One Brickell Tower II shows the structure from a ground-view angle as seen from Brickell Avenue with Icon Brickell visible in the background. The sign that reads “The One” atop a planted wall signals that this is the first time we have seen branding for this stage of the project.

A double-height lobby with a covered entry and exposed concrete support columns can be found at the tower’s base. These columns rise into what could be described as an undulating wall of balconies.

The balconies are enclosed by continuous horizontal bars of glass, and the exterior walls are covered in smooth stucco that has a grayish appearance. The site, which will feature a drop-off facility along Brickell Avenue, is surrounded by extensive landscaping. The three towers will be connected by a multistory pedestal. That connecting podium will accommodate an outdoor amenity level on its roof and include parking spots.

Plumbing, excavation, and site work permits were given last year. Due to unpaid permit fees, vertical construction permits are still pending. In 2020, FAA building permits were issued.

One Brickell II Construction Update
One Brickell II Tower Announced

Construction Update on The Standard Residences in Midtown Miami

The Standard Residences Miami
The Standard Residences Miami

The Standard Residences, a 12-story mixed-use development slated for 3100 Northeast 1st Avenue in Midtown Miami, has new building permits on file.

Plans for the permit were originally filed on December 6 and were approved just eight days later. According to promotional brochures and prior news releases, the project’s official address is 3100 Northeast 1st Avenue, while the pending permit lists 90 Northeast 32nd Street as the location of the site.

The project, which was created by Rosso Development and Midtown Development and designed by Arquitectonica with interior design by Urban Robot Associates, includes 228 residential apartments, 34,000 square feet of amenities, and 11,000 square feet of ground-floor retail space.

While permitting flexible short-rental programs with 30-day minimum stays up to 12 times per year, homes will be delivered move-in ready. Parking will be made possible via the use of the nearby garage. The project’s general contractor is named Cavossa Management Inc. The designer of the landscape is Naturalficial.

The 28,477-square-foot site still has no address listed in the property records. Midtown Opportunities VIIIB LLC is listed as the owner of the property, which is typically situated along the west frontage of Northeast 1st Avenue between Northeast 31st and 32nd Streets.

According to the work items specified in the permit application, the construction of 224,000 square feet of space is expected to cost $40,000,000, or about $178 per square foot.

The size of the units will range from 432 square feet to 935 square feet, with studio through two-bedroom floor designs. All units will include premium wood-inspired flooring, custom bathrooms with double vanities and dual shower heads, high-efficiency washers and dryers, contemporary, open-concept kitchens with top-of-the-line equipment, 9-foot ceiling heights, floor-to-ceiling glass windows, and custom finishes. There will be private outdoor patios in some homes.

Owners and visitors will have access to a staffed lobby and concierge services, on-demand housekeeping, grocery provisioning, dry cleaning, shoe-shining, and tailoring, secured and air-conditioned storage rooms that are available to all residents for purchase, a climate-controlled package, and mail room, a 24-hour security system, high-speed elevators, and controlled property access.

The groundbreaking is anticipated for early 2023.

Coco Miami Plan to Open its First Florida Location

Coco Miami to Open January 2023
Coco Miami to Open January 2023

On January 11, Coco Miami will open its first location in South Florida in the city’s Design District. The 156 seats in Coco’s 2,800 square-foot dining room, which is located at 8 N.E. 41st St., will be staffed by 60 people.

General Manager Richard Contell and Executive Chef Jose Diaz, who received training from Michelin-starred chefs and has a passion for both European and American cuisine, will be in charge.

Because “quality dining and vibe dining” have been increasingly popular over the past few years, the restaurant, which combines fine dining with nightly entertainment, chose Miami for its first South Florida location.

Every night, there will be entertainment at Coco Miami, including dancers, DJs, singers, and live bands. Individual controls located in specified seating locations will allow customers to enjoy the restaurant’s sound system at their preferred volume level while they are eating.

With the help of fresh, regionally produced products, its menu will highlight European traditions. Crudos, pastas, meats, and shareables including seasonal oysters and accessories with chipotle mignonette, ginger-lime relish, and cocktail sauce; Pomme de Terre Millefeuille, thin layers of sliced potatoes with dill crème fraîche and caviar; and a selection of Oscietra caviar are also on the main menu.

Mademoiselle Coco, a cocktail made by hand with Yuzuri Yuzu Liqueur, Shiso-infused Gin, Dragon Fruit, Pineapple Syrup, Lemon, and Sparkling Wine; Alter Ego Margarita, a concoction of Don Julio Reposado, Domaine de Canton Ginger Liqueur, Thai Chili, Tangerine Syrup, and Lime; and Coco Martini, a concoction of Ketel One, sweet vermouth, and cream of coconut.

Every Wednesday through Saturday from 7 p.m. to 1 a.m., Coco Miami will be open.

Tyler Herro of the Miami Heat has Purchased a $10.5 Million Mansion in Pinecrest

Tyler Herro Buys Pinecrest Mansion
Tyler Herro Buys Pinecrest Mansion

Miami Heat guard Tyler Herro just purchased a $10.5 million mansion in Pinecrest of Miami breaking a record for the highest home sold in the community.

The sale broke the Pinecrest record of $10.3 million set earlier this month by the sale of 6155 Southwest 106th Street.

Herro purchased the eight bedroom, eight and a half bathroom mansion located at Southwest 124th Street using a trust managed by Ronald Brown II, which was disclosed to belong to Herro.

Herro’s trust financed $7.4 million of the property from HSBC Bank.

The 9,500-square-foot home was built last year on a nearly 1-acre lot and was originally bought at $5.3 million for the property. According to the listing, the home has a gourmet kitchen, wine cellar, summer kitchen, cabana, pool, and media room. The original list price was at $11.9 million.

Herro recently agreed to terms with the Heat on a four-year, $120 million contract. After one year of college basketball at the University of Kentucky, the shooting guard was drafted by the franchise in 2019. Last season, he was named the NBA’s Sixth Man of the Year, an award given to the league’s best player who came off the bench as a substitute.

Pinecrest and the surrounding neighborhoods have been home to a number of Miami Heat players. A year after signing a four-year, $184 million contract extension with the Heat, all-star small forward Jimmy Butler paid $7.4 million for a home near South Miami in January. Butler sold his Pinecrest home for $7.1 million last year.

Former Miami Real Housewife Cristy Rice, the ex-wife of former Miami Heat player Glen Rice, paid $5.1 million for the home she shared with her ex-husband near Coral Gables and South Miami.

Further east on the ocean, Miami Heat President Pat Riley, dubbed “the Godfather” in the NBA, and his wife, Chris, sold their condo at the Four Seasons Residences at the Surf Club in Surfside for $22.8 million, or a South Florida record $5,775 per square foot.

Top 10 New Year’s Eve Celebrations in Miami 2022

Downtown Miami
Downtown Miami

Miami is known for a lot of things and that includes a good time. Whether you’re coming from somewhere cold to celebrate New Year’s Eve in Miami, or you’re a local looking for a memorable night, this top 10 New Year’s Eve events is for you!

The Masquerade at DAER

This is one New Year’s Eve party you should dress up for. For “The Masquerade,” visit DAER at The Guitar Hotel – Seminole Hard Rock Hotel & Casino. For $100, you’ll get access to all three venues (DAER Dayclub, DAER Nightclub, and Rooftop Live), as well as an open bar from 9 p.m. to midnight. Tickets begin at $100, and tables begin at $2,000.

Bayfront Park

Celebrate New Year’s Eve for free at Bayfront Park! Every New Year’s Eve, thousands of people of all ages flock to the park for live performances and fireworks on the bay. Of course, you could ring in 2023 the Miami way: with VIP tables. Reservations required.

Fontainebleau Miami

Marshmallow and Khalid will ring in the new year at the Fontainebleau. Admission is $250 per person and includes a premium open bar. There is also a family experience area, so you won’t have to leave the kids at home. Of course, there are tables on tables and cabanas on cabanas, so start that group text and round up the crew. Ticket and package prices begin at $250.

Dreamland NYE

Dreamland is Miami’s premier LGBTQ+ New Year’s Eve celebration. From December 29 to January 1, you can dance the day and night away to the sounds of Purple Disco Machinen and Sofi Tukker from South Beach to Wynwood. LP Giobbli, Danny Verde, and Matt Denton will perform euphoric, house, and electro-pop sets at the M2 New Year’s Eve party. Dates, locations, and prices vary.

Magic City

Celebrate the New Year with Magic City Hippies at the North Beach Bandshell! Doors open at 7pm, after which Miami’s hometown psyche-funk band, Cannibal Kids, and another band to be announced, will take the stage. Tickets begin at $36.

W Miami

Dance the night away under the stars at New Year’s Eve Electric, which includes a four-hour premium open bar, local DJs, and a variety of VIP packages to ring in the new year in style. From $175.

SLS Brickell

SLS Brickell’s vintage aviation-themed party, but Laidback Luke will be performing all night on the 9th floor pool deck, surrounded by stilt walkers, aerialists, and fire dancers. General admission is $75, but for an additional $75, you will have access to an open bar until 11:30 p.m.

Starlight at Hyde Beach

After enjoying the tasting menus at Bazaar or Katsuya, head to the pool deck for MK’s euphoric DJ set with live performers and more under the stars. General admission tickets start at $175 and include an open bar from 9 p.m. to midnight.

Bagatelle

Bagatelle may not have a ball drop, but you can dance until you drop at their New Year’s Eve Disco Club. To ring in the New Year, imagine mirrored balls, neon lights, fringe, and plenty of champagne, all preceded by a French Mediterranean feast.

Carousel Club at Gulfstream Park

Here’s another budget-friendly New Year’s Eve party. The doors to this Aventura hotspot celebration open at 6 p.m., and there will be cocktails, bites from Los Altos Taqueria, La Traila Barbecue, and Spris Artisan Pizza, as well as music from day to night. Admission is free until 10 p.m., then $35.

Exclusive Wine Experience Opens in Miami

Maison Mura Miami
Maison Mura Miami

Maison Mura, a refined wine and spirits engaging experience, has opened in Downtown Miami at 333 SE 3rd Avenue. The owners and long-time friends Matthieu Yamoum, the former Wine Director of New York’s Baccarat Hotel, and Philippe Vasilescu, the former Brand Ambassador for the prestigious LOUIS XIII Cognac de Remy Martin, will serve and sell an extensive selection of premium wine and spirits, as well as a refined food menu.

Both have extensive and complementary experience in the fine wine and spirits industry and have been working on this project for over 2 years to bring this bespoke experience to Miami.

According to Vasilescu, “At Maison MURA, we love what we do and are excited to offer our guests in Miami a comprehensive wine list and menu that is thoughtful and provides a tailored and memorable experience whatever the occasion is! We will always strive to offer a truly personalized service and consistently propose the finest expertise available to all of our clients.”

Although open to all, Maison MURA also has a membership limited to 150 clients who get priority access to exclusive events, tastings with the world’s top winemakers, and invitations to special events and experiences not only in Miami but all over the world.

Other benefits include early access to pre-sold and “en primeur” wines that are nearly impossible to obtain, priority reservations of the private room for hosting events, and priority storage of any wines and spirits purchased through the shop at their upcoming warehouse. Membership can only be obtained through Matthieu or Philippe. The concept is open daily from 11 a.m. to 10 p.m.

Colliers International’s Ryan Brodsky and Jonathan Carter represented Maison MURA, while Koniver Stern’s Lyle Stern and Kerry Newman represented the landlord in the 2,500 SF lease at Met Square 333 SE 3rd Avenue.