Miami’s Transformation: One Bayfront Plaza’s New Supertall Tower
Miami’s Building Department has issued a total demolition permit for the One Bayfront Plaza site at 100 South Biscayne Boulevard, marking a significant first step towards developing a new supertall tower in downtown Miami. Approved on March 27 and issued on June 25, this permit sets the stage for a major transformation in the heart of the city.
Currently, the site hosts a 19-story office building that occupies an entire city block, a significant presence in Miami’s downtown area. The demolition process, expected to take nine months to a year, will clear the way for a transformative project that will redefine the city’s skyline. Interior demolition has already begun, with B2 Group LLC handling the work under a permit valued at $2.4 million.
The property owner, Florida East Coast Realty (FECR), has ambitious plans for the site. They envision a landmark tower reaching 1,049 feet in height, featuring over three million square feet of mixed-use space. This includes class AAA office space, a luxury convention hotel, high-end residences, an upscale retail mall, and a parking garage, all offering 360-degree panoramic views over Biscayne Bay. Once completed, this tower will become Miami’s tallest building and the city’s second supertall, following the soon-to-rise Waldorf Astoria Hotel & Residences.
The new tower’s design is still under wraps, with previous concepts from renowned architects like Kohn Pedersen Fox and ODP Architecture & Design. While specific details are scarce, FECR has shared a low-resolution rendering of the proposed building, though the architect’s identity remains undisclosed.
Older renderings of supertall towers on the site:
One Bayfront Plaza, designed by ODP Architecture & Design.
One Bayfront Plaza, designed by Kohn Pedersen Fox and ODP Architecture & Design.
In recent years, the One Bayfront Plaza site has gained notoriety for its extensive graffiti. The abandoned building has served as a canvas for graffiti artists, particularly during major events like Art Basel. In December 2023, graffiti artists from around the world “bombed” the building, covering it with colorful tags and murals. This creative takeover highlighted the building’s vacancy and prominence as a visible site in downtown Miami, attracting both admiration and condemnation from the public.
The new tower is expected to bring significant economic benefits to the area, attracting businesses, tourists, and new residents. Its diverse range of uses aims to create a vibrant and dynamic environment, enhancing the appeal of downtown Miami as a premier destination for work, living, and leisure.
As the demolition process begins and the groundwork is laid for this new supertall tower, Miami is poised for a transformative development that will reshape its skyline and redefine its downtown area.
More Development Secures $76.81 Million Loan for SoWy: A Vibrant, Sustainable Mixed-Use Project in Miami
An international real estate company based in Miami and Nassau, Bahamas, More Development, has secured a significant $76.81 million loan for their latest venture, SoWy. This upcoming mixed-use development is set to transform the Wynwood and Overtown areas, situated north of Downtown Miami. The loan was announced by More Development President Whitney Thier and was provided by JP Morgan Chase.
The SoWy project spans nearly eight acres and includes 26 parcels across six blocks along 2nd Avenue, between NW 20th and 22nd Street. The site offers nearly 2.5 million base buildable square feet, even before considering the provisions of the Live Local Act. Initial plans for SoWy feature flexible and adaptable multi-use indoor and outdoor spaces, all housed within site-specific architectural buildings.
A key aspect of the SoWy development is its integration of residential spaces within a dynamic, creative environment, all while focusing on sustainability. More Development, which maintains an office within the SoWy site, is dedicated to respecting the unique cultural and artistic vibe of Wynwood and Overtown, ensuring seamless integration with the neighborhoods’ atmosphere.
Whitney Thier emphasized this commitment, stating, “More Development values artistry, craftsmanship, and history, and we were drawn to the soul and rich history of the area. With financing in place, we are ready to realize the initial phase of our plans to invigorate the neighborhood with a new vibrant environment where people can live, work, shop, dine, and play in a pedestrian-friendly and art-forward setting. We are eager to be a part of the community and are fully committed to preserving and enhancing the area’s distinctive character and contributing positively to its ongoing evolution. SoWy will build upon Wynwood and Overtown’s unique culture that attracts a diverse mix of residents of all ages and backgrounds.”
Wynwood is renowned for its vibrant street art, trendy galleries, and eclectic mix of shops and eateries. The neighborhood has experienced significant growth in recent years, with visitor numbers rising from 240,000 in 2013 to 15 million annually in 2023, according to the Wynwood Business Improvement District.
Overtown, on the other hand, is recognized for its historical significance and vibrant African-American heritage. Once known as the “Harlem of the South,” Overtown has been a cultural hub for music, arts, and community gatherings. The neighborhood is home to historic landmarks such as the Lyric Theater and hosts numerous cultural events celebrating its legacy.
More Development has a remarkable track record, having developed over seven million square feet of mixed-use property worldwide. The company is well-known for projects such as Baha Mar, a large resort in The Bahamas that includes three luxury hotels, 30 restaurants, bars, lounges, an 18-hole Jack Nicklaus-designed golf course, 10 swimming pools, a world-class spa, and the largest casino in the Caribbean. More recently, they completed Arev St. Tropez, a bespoke luxury hotel in the French Riviera, and are currently developing Mahogany Hill, a collection of luxury condominium residences in Nassau, The Bahamas.
With the SoWy project, More Development is set to enhance the vibrant and culturally rich neighborhoods of Wynwood and Overtown. The project promises to create a new, dynamic environment that respects the unique character of these areas while offering modern, sustainable living spaces. As the development moves forward, it will undoubtedly contribute to the ongoing evolution and growth of Miami.
ABH Developer Group Unveils Two Exciting Projects in Wynwood Norte
ABH Developer Group is transforming the Wynwood district in Miami with two newly launched projects, Wyn Ave and W35. Following the successful initiation of Casa Wyn and Wyn 05, these fresh developments are set to bring modern living and vibrant community spaces to the heart of Wynwood.
Situated at 3332 NW 5th Ave., Wyn Ave is a six-story building that combines residential and retail spaces. This mixed-use development will house 44 apartments alongside 2,370 square feet of ground-floor retail area. Designed by Modis, Wyn Ave is characterized by its sleek, urban aesthetic and smart living spaces. The apartments range from studio to two-bedroom units, with sizes spanning from 423 to 874 square feet. Each unit is equipped with high-end finishes, modern kitchens, and in-unit laundry facilities.
The ground floor will feature five retail spaces, designed to bring energy and convenience to the neighborhood. A notable retail tenant, to be announced soon, will add to the vibrancy of the community. Wyn Ave offers a host of amenities including a rooftop pool deck, fitness center, garden areas, co-working spaces, and electric vehicle charging stations. With rents starting at $2,400, Wyn Ave provides an attractive option for those looking to live in a prime Miami location. The project is expected to be completed by the third quarter of 2025.
Located at 319 NW 35th St., W35 is another innovative project by ABH Developer Group. This five-story development will feature 24 apartments and 2,500 square feet of ground-floor office space. W35 shares a modern design with Wyn Ave, courtesy of Modis, offering a cohesive aesthetic across both projects. The apartments at W35 include studio, one-, and two-bedroom units, ranging from 477 to 510 square feet. Each unit features contemporary finishes, walk-in closets, and in-unit laundry.
Residents of W35 will enjoy a rooftop terrace equipped with a barbecue area and solarium, perfect for relaxation and social gatherings. The development also includes outdoor workspaces, creating a productive and serene environment. To promote sustainable living, W35 will offer complimentary on-demand electric scooters for residents, making it easy to navigate Wynwood, the Design District, and Midtown. W35 is set for completion in the second quarter of 2025.
MG3, the general contractor for both projects, is bringing these modern designs to life. ABH Developer Group’s commitment to innovation and community-focused development is evident in these new projects, which aim to enhance the living experience in Wynwood Norte.
These projects signify a significant step forward in urban living, offering modern amenities and sustainable transit options in one of Miami’s most vibrant districts.
New Construction in Miami Beach-Ella Miami Beach
Following the announcement of 299 Minorca, an eight-story, mixed-use venture, the Constellation Group and Boschetti Group have unveiled their next ambitious project: Ella Miami Beach. This upcoming residential tower promises to bring a new level of luxury and modern living to Miami Beach.
Ella Miami Beach is set to be a 10-story residential tower featuring 95 condominiums. Ella Miami Beach will offer a variety of living spaces, ranging from studio to two-bedroom layout plans, with unit sizes spanning from 434 to 1,076 square feet.
Residents of Ella Miami Beach will enjoy a plethora of amenities designed to enhance their living experience. The homes will feature expansive outdoor terraces, plank-style flooring, and various high-end finishes that provide a touch of elegance and comfort.
Amenities:
A rooftop swimming pool
A pickleball court
A fitness center
Additional offerings to cater to a modern lifestyle
These features are sure to provide residents with ample opportunities for recreation and relaxation. Condo sales for Ella Miami Beach began in June 2023, and the development has already seen significant interest, with 36 percent of the units sold. Although construction has not yet started, the project’s website anticipates completion by the first quarter of 2026.
Ella Miami Beach is not just about residential living; it will also include 2,200 square feet of retail space, adding convenience and vibrancy to the area. The high-rise has been designed by the internationally renowned, Miami-based firm Arquitectonica, ensuring a striking and modern architectural presence.
The developers purchased the 25,000-square-foot parcel for Ella Miami Beach in February 2023 for $5.5 million. The site is located at 6940 Abbott Ave, Miami Beach, FL, 33141, in the vibrant Miami-Dade County.
Ella Miami Beach is set to become a landmark of luxury and modern living in Miami Beach. With its high-end amenities, stunning design, and prime location, it offers a promising new option for residents seeking the best in Miami Beach living. Stay tuned for more updates as this exciting project progresses towards its anticipated completion in early 2026.
The Residences at Six Fisher Island Secure $400M Construction Loan
In the realm of ultra-luxury real estate, few projects command as much anticipation and prestige as The Residences at Six Fisher Island. Recently, Related Group, in collaboration with partners Teddy Sagi and BH Group, alongside Wanxiang America RE Group, achieved a significant milestone by securing a $400 million construction loan from Madison Realty Capital. This loan replaces an initial $85 million acquisition loan, underscoring the scale and ambition of this exclusive development.
Situated on Fisher Island’s Northeastern shoreline, The Residences at Six Fisher Island is poised to become a hallmark of opulence on the East Coast. With only 50 private residences spread across 10 stories, the project promises an unprecedented level of exclusivity and luxury. Construction is slated to commence this summer, with completion expected by 2026.
Since its launch in late 2022, The Residences have already achieved remarkable sales exceeding $500 million. This includes the recent sale of two penthouses for a combined $150 million, emphasizing the allure and desirability of this unique development.
Berkadia South Florida played a pivotal role in securing the nine-figure loan, with Scott Wadler, Managing Director, highlighting the strategic foresight and global appeal of Related and BH Group’s vision for waterfront luxury living. The project’s distinctiveness and unprecedented demand for its penthouses contributed to Berkadia’s confidence in facilitating this landmark financing arrangement.
Nick Pérez, President of Related’s Condominium Division, expressed a deep commitment to enhancing Fisher Island’s unparalleled reputation. The development aims to blend opulence with tranquility, offering residences averaging 4,817 square feet designed by Tara Bernerd and Partners and Kobi Karp Architects. Each home will feature bespoke interiors, private elevator foyers, and panoramic water views—a testament to meticulous craftsmanship and elevated living.
Residents of Six Fisher Island will enjoy a wealth of amenities, including two resort-style pool decks, a state-of-the-art wellness facility, and exclusive access to Fisher Island’s renowned private beach and golf course. This enclave promises a seamless fusion of privacy and convenience, catering to the discerning tastes of its esteemed residents.
Isaac Toledano, Founder of BH Group, emphasized the project’s commitment to enriching Fisher Island’s unique community ambiance. The development seeks not only to redefine luxury living but also to preserve and enhance the island’s cherished village-like atmosphere—a testament to BH Group’s dedication to crafting exceptional living environments.
With the $400 million construction loan secured, The Residences at Six Fisher Island stands poised to redefine the pinnacle of luxury living on the East Coast. This landmark development represents a harmonious blend of visionary architecture, unparalleled amenities, and a commitment to timeless elegance. As construction progresses, anticipation mounts for what promises to be a new standard in coastal living, offering a rare opportunity to reside in one of the world’s most exclusive communities.
Introducing First & Fifth: A New Icon in Downtown Miami’s Skyline
Oak Row Equities has made a bold move in the heart of Downtown Miami with its recent acquisition of 49 Northwest 5th Street, heralding the dawn of First & Fifth, a visionary 45-story multifamily tower. This off-market purchase, secured for $38.5 million with seller financing, marks a significant step in the company’s commitment to shaping South Florida’s urban landscape.
Designed by ODP Architecture & Design, First & Fifth draws inspiration from Miami’s rich Venetian architecture of the early 20th century, blending historical charm with contemporary flair. The design features prominent arches reminiscent of the Doge Palace in Venice, creating a unique silhouette against Miami’s skyline.
The 700,000-square-foot tower will host 500 multifamily units, each offering high-end finishes and sweeping city views. Bright, airy spaces emphasize the open feel of urban living, tailored to meet the demands of modern residents seeking both luxury and convenience.
Situated strategically across from MiamiCentral Station, First & Fifth enjoys unparalleled connectivity as the central nexus for South Florida’s major train systems: Brightline, Metrorail, Tri-Rail, and Metromover. This prime location places residents within walking distance of Miami’s dynamic urban core, including Miami Dade College’s Wolfson Campus, the federal courthouse, and the Miami Heat’s arena.
Erik Rutter, Managing Partner at Oak Row Equities, articulates the project’s vision: “First & Fifth exemplifies our belief that proximity to transportation hubs is pivotal in shaping urban living choices in South Florida.” This sentiment is echoed by David Weitz, Managing Partner, who emphasizes the project’s culmination of foresight and collaboration.
First & Fifth not only enhances the skyline but also reflects Oak Row Equities’ dedication to transit-oriented development. This approach is central to their portfolio, which includes notable projects like The Oasis, Wynwood Plaza, and others strategically positioned near transit nodes to maximize connectivity across the region.
As Oak Row Equities prepares to introduce First & Fifth to the capital markets and prospective tenants, anticipation mounts for a new chapter in Miami’s urban evolution. With its blend of historical inspiration, modern design, and strategic location, First & Fifth promises to redefine urban living in Miami, offering a vibrant lifestyle where convenience meets luxury.
Stay tuned as First & Fifth rises to prominence, a testament to Miami’s growth and Oak Row Equities’ commitment to innovation in urban development.
$668 Million Construction Loan Secured for Waldorf Astoria Hotel & Residences
Waldorf Astoria Hotel & Residences, spearheaded by PMG in collaboration with esteemed partners including Greybrook, Mohari Hospitality, S2 Development, and Hilton, has secured a monumental $668 million in construction financing, setting a new record in Florida’s residential condominium development history.
Nestled at 300 Biscayne Boulevard, the Waldorf Astoria Hotel & Residences Miami is not just another skyscraper; it’s a marvel in architectural ingenuity and luxury living. Designed by the renowned Sieger Suarez Architects in collaboration with Carlos Ott, the 1,049-foot tower will stand as the tallest residential building south of New York City. Its distinctive design features nine spiraling, offset glass cubes wrapped in a stunning “glass skin,” ensuring it stands out as an iconic addition to Miami’s ever-evolving skyline.
What sets Waldorf Astoria Hotel & Residences Miami apart is its seamless blend of luxury residences and world-class hospitality. The development will house 387 private residences alongside 205 guestrooms and suites within the luxury hotel segment. Each unit is meticulously crafted with BAMO’s award-winning interior design, offering not only breathtaking views but also unparalleled comfort and sophistication.
Residents and guests will enjoy access to the Waldorf Astoria brand’s renowned Peacock Alley, a specialty restaurant, and indoor/outdoor event spaces for memorable gatherings. A resort-style pool deck with private cabanas, a holistic wellness spa, and state-of-the-art fitness center ensure relaxation and rejuvenation at every turn. Private residential amenities include an exclusive lobby, billiard room, and a kids’ club, offering something for every member of the family.
As the project moves into its vertical construction phase, anticipation builds for the grand unveiling slated for Q2 2028. Managed by Hilton Management Services, Waldorf Astoria Hotel & Residences Miami promises not just a residence, but a refined haven where personalized service and best-in-class experiences define everyday living.
A Taste of Tulum’s Coastal Charm in Miami
Imagine soaking in the sun-kissed views of Biscayne Bay and the Miami skyline while indulging in delectable dishes inspired by the coastal charm of Tulum, Mexico. This is the experience awaiting you at Tulum restaurant, where earthy tones, lush greenery, and bohemian rattan seating set the stage for an unforgettable dining adventure.
Step into Tulum, and you’ll instantly be transported to the sandy shores of Mexico’s beloved beach town. The restaurant’s organic aesthetic, with its wooden accents and floor-to-ceiling windows, creates a serene oasis in the heart of the city. Whether you’re seated indoors or on the outdoor patio overlooking the water, every angle offers a picturesque backdrop for your dining experience.
But it’s not just the ambiance that captures the essence of Tulum; it’s the menu itself. From breakfast delights like the “Latin Avocado Toast” to lunchtime favorites such as the “Tulum Beast Burger,” each dish is a culinary celebration of international flavors with a Latin American twist. And let’s not forget about the herbed-brined jumbo wings, a perfect accompaniment to any meal, especially when paired with one of Tulum Rooftop’s signature cocktails.
Behind every dish at Tulum Rooftop lies a story waiting to be savored. General Manager Kashmira Maneckji describes it as “a groundbreaking new restaurant concept showcasing the vibrant tapestry of new modern-American cuisine.” With an unwavering commitment to innovation and excellence, Tulum invites guests to embark on a food and beverage odyssey where each bite narrates its own captivating tale.
Tulum is not just a restaurant; it’s an experience. Currently open for breakfast and lunch, with brunch and happy hour on the horizon, there’s no shortage of opportunities to savor the flavors of Tulum. And stay tuned for the launch of the dinner menu this fall, promising even more culinary delights to delight your palate.
So, whether you’re a Miami local looking for your next culinary adventure or a visitor seeking a taste of Mexico’s coastal charm, Tulum Rooftop Restaurant & Bar invites you to elevate your dining experience in every sense of the word.
Solana: Juvia Group’s New Rooftop Culinary Experience at The Standard Residences, Midtown Miami
Midtown Miami, where innovation meets sophistication, a new culinary gem is poised to grace the skyline. The collaboration between Rosso Development, Standard International, Midtown Development, and the esteemed Juvia Group heralds the arrival of Solana, a rooftop restaurant and bar concept set to open at The Standard Residences.
Carlos Rosso, the visionary founder and CEO of Rosso Development, expressed his excitement about the partnership, stating, “Jonas and the Juvia team are the perfect addition to The Standard Residences family.” This sentiment is echoed by Jonas Millán, co-founder of the Juvia Group, who eagerly anticipates bringing their vibrant European concept to this dynamic location.
Juvia Group’s reputation precedes them, known for their vibrant cuisine, innovative cocktails, and exceptional dining experiences set against stunning outdoor backdrops. Solana, spanning approximately 6,000 square feet atop the lush rooftop of The Standard Residences, promises to enchant guests with its relaxed yet sophisticated atmosphere.
Inspired by Riviera Cuisine, Solana will offer a diverse menu that tantalizes the taste buds, complemented by signature cocktails such as the tantalizing ‘Bonito Bubbling’. Designed by the visionary AD100 architect Manuel Clavel Rojo, the space will seamlessly integrate with The Standard’s renowned vibe, promising an unforgettable experience for patrons.
Manuel Clavel Rojo, Principal of Manuel Clavel Arquitectos, expressed his enthusiasm for the project, emphasizing the iconic status Solana is poised to achieve in Miami’s skyline. The design draws inspiration from the timeless elegance of Tropical architecture, paying homage to the city’s rich cultural heritage.
Located at 3100 N.E. 1st Ave, The Standard Residences epitomize luxury living in one of Miami’s most connected and walkable neighborhoods. Boasting meticulously curated interiors and an array of community-minded amenities, including a lobby, Rosetta Bakery Café & Privato Speakeasy, and health and wellness facilities, The Standard Residences redefine urban living.
With completion slated for 2025, The Standard Residences, Midtown Miami, is already 95% pre-sold, a testament to the allure of this exceptional development.
As anticipation builds and construction progresses, Solana stands as a beacon of culinary excellence, poised to elevate Miami’s dining scene to new heights. Whether indulging in a leisurely meal or sipping cocktails against the backdrop of the city skyline, Solana promises an experience that transcends the ordinary—a celebration of flavor, ambiance, and community.
