Missoni Baia Construction Passes its Halfway Point

Welcome to Missoni Baia! This remarkable waterfront tower will feature 57 floors with an impressive 200 feet of Biscayne Bay frontage. Curated by New York designer Paris Forino, with 249 custom one-to-five bedroom options. The architect for this tower is Hani Rashid of Asymptotoe Architecture and the developer is OKO Group under Vladislav Doronin.

Construction is underway for this gorgeous tower and it has passed the half-way point. According to CEO of developer Cain International, “This milestone is a testament to the team’s diligence and hard work despite the challenges presented by the current environment. Building Missoni Baia to its midpoint milestone is a remarkable moment for our team as we bring this elegantly designed, landmark project to life.”

According to a press release from Missoni Baia, all windows have been added to the north and south tower up to the 36th floor, including partial balconies. Civic Construction, the general contractor has stated that top-off is estimated this time next year.

Building Information:

• Prices start at $600,000 to $9 million
• One-to-five bedroom layouts
• 776 to 3,788 square feet
• Direct Bay or City views with panoramic views of Biscayne Bay, Downtown Miami or South Beach
• Residences feature 10 foot ceilings
• Terraces with impact resistant glass windows are 8 to 10 feet deep
• Marble-encased bathrooms with European styles lacquered cabinets
• Custom kitchens with top-of-the-line cabinetry and high end appliances

The residents will have access to all the amenities a luxury resort has to office; five separate pools with an Olympic-sized swimming pool, and an infinity pool with views of Biscayne Bay. Poolside lounges, cabanas, elevated tennis courts, and luxury spa are also available. Residents will also receive membership access to the Grand Bay Club beachfront of Miami’s Key Biscayne.

Missoni Baia is still on track for completion for the end of 2022! Subscribe for more updates on Missoni Baia construction!

Tallest Residential Tower in Miami at 100 Stories – Waldorf Astoria Residences Miami has Officially Launched Sales

Waldorf Astoria Residences Miami has officially launched their sales center on March 23rd, 2021. Located at 300 Biscayne Boulevard, Waldorf Astoria is planned to be the tallest residential tower in Miami at 100 stories and will be the tallest tower south of Manhattan.

This tower will feature 360 condo, 205 hotel rooms, and suites. Amenities include a Peacock Alley Lounge, a restaurant, indoor and outdoor event area, resort-style pool with cabanas, spa and fitness center.

Architects include Carlos Ott and Sieger Suarez, whom have created a nine offset glass cube design for the tower. The hotel is announced to be within the first 3 cubes of the tower and the rest will include the condominiums.

Developer Information:

• Developers: PMG – Property Markets Group & Greybrook Realty Partners
• Interior design firm: BAMO – www.bamo.com
• Architect: Carlos Ott (conceptual artist) with Sieger Suarez

Tower Distribution:

• 3rd Level –  Condominium lobby
• 5th level – Hotel Signature Restaurant and Peacock Alley
• Level 7 to 16 – Hotel guest rooms and suites
• Level 17 – Hotel function spaces, main ballroom, junior ballrooms and multi-purpose function space 
• Level 19 – Hotel lounge bar, meeting and boardrooms 
• Level 21 – Hotel pool deck with café and signature F&B 
• Level 23 and 24 – Spa and fitness
• Level 26 to 31 – Hotel guest rooms and suites
• Level 31 to 32 – Private residential amenity level; pool deck
• Level 34 to 85 – Residential condominium
• Level 86 to the top – Penthouse level

Pricing:

• Junior Suite Residences $650,000
• 1 Bedroom Residences $1,000,000
• 2 Bedroom Residences $1,700,000
• 3 Bedroom residences $3,100,000
• 4 Bedroom Residences $4,900,000

Payment Plan:

• 10% deposit at contract
• 10% deposit in 6 months
• 10% deposit groundbreaking
• 10% deposit one year after the groundbreaking
• 60% deposit at closing
• HOA – $0.80 per square feet
• Rental terms – minimum 3 months only twice a year

Building Overview:

• 100 Stories
• 360 private residences
• Studios, 1, 2, 3, and 4-bedrooms
• Penthouse Collection

Building Features:

• The 100-story tower located in Downtown Miami across from Biscayne Bay
• Conceptually designed by world-renowned architect Carlos Ott in collaboration with Sieger Suarez Architects
• 360 branded luxury residences
• 205 hotel guestrooms and suites
• Interiors created by BAMO design firm
• Peacock Alley
• True Waldorf Service and concierge
• Unobstructed views of city and downtown skyline, Miami Beach and Atlantic Ocean
• Waldorf Astoria immersive resort-style pool with outdoor café and private cabanas
• Private Bar/ Wine Tasting Room
• Signature Restaurant
• All-Day Dining Brasserie
• Pre-function and function spaces
• Meeting and boardrooms
• Waldorf Astoria Kids Clubs
• 24 hour Valet services

Sales have started and the construction completion date is set for 2025. If you or someone you know has any interest in purchasing a unit at Waldorf Astoria Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332 for more information.

Vizcaya Metrorail Station Project Begins Reviewing 7 Construction Proposals

Miami-Dade County is currently reviewing 7 construction proposals for the mixed-use project at the Vizcaya Metrorail Station. This development on 2.62 acres is set to feature condominiums, retail shops, and restaurants.

According to the South Florida Business Journal, all proposals are limited to 10 stories as well as a majority of the project must be residential units with 12.5% to be workforce housing.

Miami-Dade requested proposals in December 2020. The deadline was at the beginning of March and the current 7 proposals include those from:

• Related Group: Proposing two 25-story towers. The first tower would have 391 apartments and 2,500 square feet of retail space. The second tower would be 320,000 square feet of office space. A 7-story parking garage with 638 spaces would be included. This project is above the 10-story maximum height restrictions.
• Rilea Group, Axis Realty Trust, Coastal Construction and McKinney Properties: This project would be called ‘Vizcaya Park’ with two 10-story buildings connecting by a bridge. Proposal includes 288 apartments, 19,040 square feet of retail, 135 public parking spaces in underground garage, and 223 parking spaces for residences.
• Adler Group & 13th Floor: This proposal includes 327 apartments with one 9 and one 10-story buildings. Improvements include those to the Underline, Metrorail station and the pedestrian bridge. This would include 309 parking spaces, with 100 for the public.
• Grass River Property and Coral Rock Development Group: This project will include 292 workforce or affordable housing units and 3,000 square feet of retail in two eight-story buildings. Project includes 310-space parking garage and a community center.
• Housing Trust Group: This proposal includes 209 workforce housing units, 15,000 square feet of offices, 2,600 square feet of retail, and a 126,000-square-foot parking garage in eight stories.
• Mill Creek Residential: This proposal includes 392 apartments in two 10-story buildings with 8,000 square feet of retail and 620 parking spaces.
• Terra Development Group: One 5-story and one 10-story with a combined 327 workforce housing units, 8,530 square feet of commercial space. Also included are 463 parking spaces with 100 for public use.

The proposals were set to be reviewed on March 19, 2021 but as of right now, no determination has been made on which proposal won.

Grab Something Green and Celebrate St. Patrick’s Day in Miami – 2021

St. Patrick’s Day may be a little different for many this year but there are restaurants and bars in Miami that are still celebrating. Check out the list below for drink specials, bands, and all things green!

• The Taurus: Drink specials with St. Patrick’s Day-themed cocktails for $8, Guinness for $5, and Irish whiskey for $5. These specials are from 5pm until midnight.
• Tobacco Road: Living Music and drink specials include $5 Green Pabst Blue Ribbon, $6 Irish coffees, $7 Irish Car Bombs and $5 Irish whiskey.
• The Wharf: Tonight features live music and games! Food by Spris Artisan Pizza, La Santa Taqueria, and Mojo Donuts! Free Guinness every time you buy a shot of Jameson.
• Calle 23 Miami: Beer and Irish whiskey shot specials at $10 each, Guinness for $7 and Irish Mules for $10.
• Swarm in Wynwood: This festive street party is free and features live DJ, drink specials and games!
• Sunset Skyline Happy Hour Cruise: Departing from Biscayne Bay, this 90 minute happy hour cruise takes you past Star Island, Hibiscus Island, Palm Island, Fischer Island plus the famous Venetian Islands, all while drinking green beer!

Block Capital Group and Kushner Companies LLC Breaks Ground on Wynwood Neighborhood Project

After obtaining an $80 million construction loan, Kushner Companies LLC. and Block Capital Group broke ground on March 11, 2021, on a mixed-use project in the Wynwood neighborhood in Miami.

This project will consist of 152 apartments, 46,000 square feet of office space, 33,500 square of retail space, and 232 parking spaces with three roof decks and a large courtyard. There will be one-five and one-eight story buildings located at 129 N.W. 26th Street and 127 N.W. 27th Street, giving it the name WYND 27 and WYND 28.

According to Nicole Kushner Meye, Principal at Kushner, “This project is poised to mesh into the unparalleled Wynwood context and culture, while at the same time expand the vision and limits of this neighborhood with a tremendous addition of creative office, retail, and public space.”

Designer for this project is Arquitectonica who has also designed Inter Miami CF Stadium and Miami Freedom Park, Mr. C Miami – Coconut Grove, Brickell City Centre, 500 Brickell, and SLS Brickell Hotel & Residences.

There has been no reported completion date for the construction but we will update this article as the construction and time-line continues.

South Florida Welcomes the 69th Miss Universe Pageant at the Seminole Hard Rock Hotel and Casino

The last time the Miss Universe Pageant was in South Florida was 2015 at the Florida International University. This year the pageant will be held at the Seminole Hard Rock Hotel & Casino Hollywood on May 16 and we can’t wait to see what this year’s pageant has in store!

Miss Universe was last held on December 8, 2019 at the Tyler Perry Studios in Atlanta and South Africa’s Zozibini Tunzi was crowned. Because of the pandemic, the 2020 pageant was cancelled.

The President of the Miss Universe Organization, Paula Schugart, stated that the event will follow CDC guidelines and that they have spent the past year working on ways to make the pageant as safe as possible including masks mandates, Plexiglass separating contestants and judges. Schugart also stated that “Our goal is to create a safe and engaging place for users to connect over interests and passions.”

It is unclear who the host will be for the 2021 pageant. The pageant will be available for viewing on the Telemundo Network. We will continuously update this article as we learn more information on the Miss Universe Pageant 2021.

The Crown Jewel of 900 Biscayne Bay – Trophy Penthouse For Sale

The Miami Condo Investments Team is pleased to announce our newest listing – Penthouse 6107 at 900 Biscayne Bay. It’s the crown jewel of the building…by far the nicest residence I’ve ever seen there.

Penthouse 6107 is a gut-renovated masterpiece with over $1.5 million spent in renovations, furnishings, and electronics; 3,500+ square feet of living space; 3 bedrooms + media room, 4.5 bathrooms; and 3 terraces totaling 1,000 square feet. It offers sweeping views of the Atlantic Ocean, Biscayne Bay, cruise ships, sunrise, and Miami Beach skyline from the 61st floor. Since being renovated, Penthouse 6107 has NEVER BEEN RENTED or even lived in.

Enjoy a home cinema experience like no other with a 100-inch Samsung smart TV, Dolby Atmos surround sound, and 40 TB Kaleidescape system for true 4K Ultra HD playback.

Penthouse 6107 features brand new designer furnishings and finishes with no expense spared; a Savant Pro smart home system; linear diffusers throughout; custom Italian kitchen by Aran Cucina; 36-inch by 36-inch marble floors in the main living areas; smart beds; Toto toilets; and a master bathroom sanctuary with Moroccan tile, steam room, jetted tub, double vanity, and separate woman’s makeup vanity.

This one has “Record-Breaking Sale” written all over it. Asking $3.6 million.

A First Look at a Half-Floor Residence at One Thousand Museum

In case you hadn’t already heard, closings of residential units at One Thousand Museum started two months ago. In fact, the first closing took place on July 15, 2019. According to public records, the developer of One Thousand Museum has since closed 41 units. One Thousand Museum has a total of 84 condo residences, comprised of 10 full-floor residences, 70 half-floor residences, and 4 duplex townhouses. Keep in mind, there’s often a lag (sometimes up to a month) between when closings take place and when they actually appear on the county website.

This past week, I had the opportunity to not only get a tour of One Thousand Museum but also of unit 4901 – a half-floor residence that my broker, Dora Puig, recently listed for sale. It’s a 4 bedroom, 5.5 bath condo residence with 4,876 interior square feet plus 733 square feet of terrace. It occupies the entire southern half of the building on the 49th floor. Of special note, the 49th floor is the highest floor that the half-floor-residences exist at One Thousand Museum (the half-floor residences at One Thousand Museum are located on floors 15 to 49 as shown in the image below). In other words, if you desire the best possible view at One Thousand Museum, but don’t have the $15M+ budget that the full-floor residences command, the 49th floor is as good as it gets.

Additionally, of the half-floor residences in the building, the 49th floor is the ONLY floor that has 12-foot high ceilings. All other floors of One Thousand Museum with half-floor residences (floors 15 to 48) have only 10-foot high ceilings. And trust me, those extra two feet of ceiling height make a HUGE difference! Once you see in person 12-foot high ceilings, you won’t want to settle for a measly 10, especially once you discover that the price of unit 4901 is in line or lower than the half-floor residences located on the lower floors that don’t have the extra two feet of ceiling height. At an asking price of $6.5 million, unit 4901 at One Thousand Museum is very competitively priced.

Below are the photos that I took earlier this week of unit 4901 at One Thousand Museum. Keep in mind, I took these with my cellphone, so they’re not the greatest of photos, but they should at least give you an idea of the finishes, views, and size of each room. Note: all units at One Thousand Museum are delivered by the developer completely finished.

And below is a photo I took of the lobby at One Thousand Museum along with a photo I took of the exterior of the building from across the street. I must admit, I visited One Thousand Museum a bit skeptical but left there blown away. The developers of One Thousand Museum did an amazing job delivering on Zaha Hadid’s vision. One Thousand Museum is without a doubt THE best condo development that exists in Miami. The neighborhood may not be the best, but the building itself is. However, give the neighborhood five years. By then, it’ll be night and day to what you find now. The only thing lacking from the Park West neighborhood is true walkability…but that will change in coming years once Miami Worldcenter is delivered. Beginning next year, Miami Worldcenter will bring to the neighborhood over 300,000 square feet of retail. That’s the missing piece!

The Ultimate Bachelor Pad in Miami – a Two-Story Penthouse at Reach Brickell City Centre w/ Rooftop Pool, Jacuzzi, and Summer Kitchen – Asking $6.69M

If you’re in search of the ultimate bachelor pad in Miami, look no further than PH4204 at Reach Brickell City Centre. It’s a 2-story penthouse with two huge, rooftop terraces – one located off the dining room with a pool and summer kitchen and the other off the master bedroom with a rooftop Jacuzzi.

Reach PH4204 includes 4 bedrooms, 5.5 bathrooms, a laundry room, and den with 3,933 interior square feet plus two terraces and three balconies totaling an additional 3,391 square feet (see Reach PH4204 floor plan). The asking price of this one-of-a-kind penthouse is $6.69M. It is THE ONLY two-story penthouse in the entire building at Reach Brickell City Centre.

Currently, the developer is offering a 10 percent cash rebate plus two years of free condo dues. After applying the cash rebate at closing, the price of Reach PH4204 would be $6,021,000. And the two years of free condo dues would amount to an additional savings of $75,096 (the condo dues for Reach PH4204 are $3,129 per month).

The Rooftop Pool

The rooftop terrace and pool offer breathtaking views of Brickell, Downtown Miami, the Miami River, and Biscayne Bay. A summer kitchen (which isn’t shown in the photos below) is also located on the rooftop terrace off the dining room.

The Master Bedroom Suite and Rooftop Jacuzzi

The master bedroom, master bathroom, and even the walk-in closet all offer beautiful city and sunset views while the rooftop terrace located off the master bedroom faces north offering vistas of the city, Miami River, and Biscayne Bay.

The Rest of the Penthouse

As you walk into Reach PH4204, you are greeted by a grand wooden staircase to your left and open city views straight ahead. The dining room, kitchen, and large rooftop terrace with summer kitchen and pool are located to your right. On the opposite end of the first floor are the second and third bedrooms and laundry room. Along with the master bedroom suite and rooftop terrace, the second floor has a den and fourth bedroom.