$30M+ Sold at One Thousand Museum During Art Basel Week; $90M Inventory Loan Paid Off

December 8, 2021

In the wake of Art Basel Miami Beach, One Thousand Museum is reporting a major increase in sales as well as paying off its inventory loan.

With buyers from all over the globe and the attendance for Art Basel reaching over 60,000, it is of no surprise that sales for One Thousand Museum would increase.

According to the co-developer of One Thousand Museum, Kevin Venger, “As a testament of the recent success leading to the loan payoff, during Art Week alone, our sales team inked two large sales totaling more than $30 million.”

Another major milestone was the $90 million inventory loan that was secured in March 2021. According to the developers, that loan is officially paid off. Louis Birdman, another co-developer states, “Satisfying our $90M loan in eight months comes during a buying frenzy and Miami’s high season, which we expect to take One Thousand Museum to sellout quickly.”

The late Pritzker-winning architect Zaha Hadid built One Thousand Museum, which was developed by Louis Birdman, Gregg Covin, Kevin Venger, and Regalia Group.

One Thousand Museum is South Florida’s first residential complex with its own rooftop helipad, allowing residents to quickly travel to adjacent islands, private and commercial airports, and private boats.

One Thousand Museum Amenities

• A spacious fitness center with state-of-the-art strength and cardio training equipment
• Spa with private treatment rooms, steam and sauna rooms, plunge pools, and relaxation lounge
• Multimedia theater for private movie screenings, lectures, and presentations
• Sun & Swim Terrace with pools, lounge chairs, cabanas, and poolside towel service
• Aquatic Center with indoor, infinity-edge pool
• Private dining room
• Triple-height event space overlooking Biscayne Bay
• Private rooftop helipad
• Specialized security and valet personnel
• Full-service concierge
• Bank-quality vault with individual safe deposit box for every residence

One Thousand Museum Residence Features

• Custom Italian cabinetry by Poliform
• Fine quartz countertops by Silestone
• Induction cooktop, oven, steam oven, microwave, dishwasher, and integrated coffee maker by Gaggenau
• Refrigerator by Sub-Zero
• Faucets and fixtures by Dornbracht, Duravit, and MTI
• Interior doors by Lualdi Porte with door handles designed by Zaha Hadid
• Custom-designed, Italian-made walk-in closets
• Extensive state-of-the-art home automation by Crestron, allowing residents to control a range of in-residence applications including lighting, heating, air conditioning, audio, video, window treatments, and security
• Oversized terraces
• East-to-west flow-through floor plans

These one-of-a-kind and magnificent condos range in price from $4.95 million to $20 million, and due to the demand of the luxury condo market, availability is restricted.

There are currently 3 furnished developer models left. If you or someone you know have an interest in purchasing one of the One Thousand Museum Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.