Official Groundbreaking Date Set for E11EVEN Hotel & Residences

The long-awaited date for E11EVEN Hotel & Residences groundbreaking is finally set and we can’t be more excited. On November 11, 2021, construction will begin on the 65-story tower located in the Park West District in Miami.

One of the developers, PMG, posted on their social media accounts the big news along with the tower being 98% sold. This is of no surprise as E11EVEN is considered one of the fastest-selling condominium projects in the last decade. In February when sales were first announced, the units were at 80% sold.

PMG also announced in early June that they were also accepting cryptocurrency for the units. We are unsure of the total number of units that were purchased with the digital currency.

Construction plans were officially submitted on Wednesday, October 13, 2021. The plans include the demolition permit for site clearing and those are now under review. There is currently no pending or submitted construction permit.

The demolition contractor is listed as John Moriarty & Associated. The developer includes Property Markets Group (PMG) and E11EVEN Partners. Sieger Suarez Architects is responsible for the tower design. Interiors will be curated by AvroKO Hospitality Group.

The residences are fully finished and fully furnished starting at $300,000 and the floor plans consist of studio to 2 bedrooms. There is also a limited Penthouse Collection and 2 Presidential Suites.

Building Features

• E11EVEN® app for concierge services and building amenities
• Common areas featuring museum-quality curated fine art and installations
• Limited Penthouse Collection and two Presidential Suites
• Views of the Miami skyline, Biscayne Bay and the Atlantic Ocean
• Club E11EVEN® Bar & Lounge
• 5-Star gourmet food hall
• Casino-Style Sports Lounge
• Chopra Spa & Studio mind & body experiences featuring a state-of-the-art fitness center, meditation, yoga, and customized treatment services
• 20,000 Square-foot, ultra-modern multi-level E11EVEN® Day Club and pool sits above 11 stories, overseeing the stunning Miami skyline
• E11EVEN’s® rooftop experience is a unique 24/11 poolside venue featuring its own signature dining experience
• E11EVEN® Beach Club
• Complimentary 24-hour valet

Residence Features

• 9’6 – 10’ floor-to-ceiling windows varies by floor with stunning Miami skyline and Biscayne Bay views
• Smart home technology experience. Includes integrated audio, video, and lighting systems
• Contemporary lighting package
• All residences include LED (or water-based) fireplace in every living room
• Fully built-out closets in the master bedrooms
• Washer and dryer
• French balconies in select residences
• Pre-wired for high-speed communications, multiple telephone lines, and cable
• All residences include a signature Home Essentials Package: silverware, glassware, linens, sheets, towels
• 11 Resident Membership Package featuring an exclusive beach club, day pool, and ultra club access
• Kitchens with custom countertops and backsplashes
• Imported and custom kitchen and bathroom cabinetry by Italkraft
• Subzero and Wolf appliance package includes microwave, dishwasher, convection oven, and refrigerator
• Waterworks bathroom fixtures, features & accessories
• Frameless glass-enclosed showers

If you or someone you know have an interest in purchasing one of the units at E11EVEN Hotel & Residences, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at (786)247-6332.

Aria Reserve has Sold 40% Since Launching Sales in June on the South Tower

The Melo Group has reached another milestone in their pre-construction project for Aria Reserve in Edgewater. Including their construction permit application that is currently in review, the waterfront twin-tower project has also sold 40% of its units well before the groundbreaking.

The permit application for this project will allow for the Melo Group to begin foundation work. The foundation plans were submitted in early September. The plans will also include pilin work that was valued at $132,750.

Sales for Aria begin in late June of the 62-story South Tower. The North Tower is anticipated to launch sales closer to construction. According to the Melo Group, over $40 million of all 12 penthouses have sold within 90 days.

Construction deposits include a 30% deposit for all U.S. buyers and a 40% deposit for all international buyers. According to the developer, more U.S. has purchased penthouses.

Aria Reserve will rise 62 stories tall reaching 627 feet, making it the tallest dual waterfront residential development in the United States. The project will feature two towers, each with 390 units and 1,608 parking spaces.

Residential units will begin at $750,000. Although sold out, the penthouses started at $12 million. Units will feature 1 to 4 bedroom floorplans with 1,100 to 2,600 square feet of options. The penthouses themselves range from 3,500 to 9,000 square feet with each of them featuring a 3-car garage.

Tower Amenities:

• 2-acre recreation deck
• Lap pool and spa
• Gaming center
• Playground
• Tennis courts
• Basketball courts
• Paddle courts
• Miniature golf course
• Wellness center
• Gym
• Meditation Garden

Residence Features

• Unobstructed views of Biscayne Bay and Ocean
• Finished residences with two flooring options
• All residences include 2 high-speed elevators
• All residences include an office/media room
• All residences are sunrise-sunset flow-through from East to West
• 3-month seasonal rentals allowed up to 4 times per year

Once permits have been approved for the Aria Reserve South Tower, construction should begin in the spring of 2022 with an anticipated completion date of 2024. If you or someone you know have an interest in purchasing at Aria Reserve, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at (786)247-6332.

Legacy Hotel & Residences Breaks Ground

The highly anticipated Legacy Hotel & Residences finally broke ground today at the development site located at 942 NE 1st Avenue in the heart of downtown Miami. In attendance was Ken Russell (City of Miami Commissioner), representatives of Royal Palm Companies, and Peggy Olin (Owp Property representative).

Also known as Legacy Miami Worldcenter, Legacy is one of the newest pre-construction residential towers located in Park West Miami. The luxury tower will rise 50 stories at 668 feet tall making it the second tallest tower at Miami Worldcener. This tower sold out of all the units prior to the groundbreaking and is the first development to sell out prior to construction.

This mixed-use development will feature 312 residential units, 262 luxury hotel rooms, a business center, medical office, retail space, and rooftop atrium with all of the luxury amenities a 5-star hotel could offer.

The residences will include studio to 2 bedroom floor plans with 368 to 964 square feet options. The units will be fully finished and furnished. One of the unique things about Legacy is that residents will be able to rent their units without any restrictions. This includes utilizing a short-term rental company, whether its the Legacy’s rental program, Airbnb, or VRBO.

CONSTRUCTION INFORMATION

• DEVELOPER: ROYAL PALM COMPANIES
• ARCHITECT: KOBI KARP
• DESIGNER: ID & DESIGN INTERNATIONAL

HOTEL AREAS (GROUND LEVEL AND PEDESTAL)

• SPECTACULAR 40 FT. HIGH LOBBY WITH GLASS ELEVATORS
• SIGNATURE INTERNATIONAL RESTAURANT
• FULL-SERVICE CAFÉ WITH LOCALLY SOURCED BAKED GOODS
• FIRST OF ITS KIND INTERNATIONAL BUSINESS LOUNGE
• GRAND BALLROOM AND EVENT SPACES
• SHUL WITH KOSHER KITCHEN

ONE ACRE POOL DECK (9TH FLOOR)

• LARGEST DOWNTOWN HOTEL POOL DECK
• MULTIPLE WATER FEATURES AND FULL-SERVICE POOL
• SIGNATURE RESTAURANT SERVING ALL MEALS
• BAR AND LOUNGE
• LUXURIOUS DECK FURNITURE
• LUSH LANDSCAPING
• PLUSH CABANAS

ROOFTOP ATRIUM AND EVENT SPACE

• DECADENT LOUNGE WITH SEATING AMIDST GARDENS
• FULL-SERVICE BAR FOR INDOOR AND OUTDOOR SEATING
• CANTILEVERED, INFINITY-EDGE, SINGAPORE INSPIRED POOL
  500-FEET IN THE AIR
• ROOFTOP SUNDECK WITH ENDLESS DOWNTOWN VIEWS
• PLENTIFUL EVENT SPACE

CENTER FOR HEALTH & PERFORMANCE

• 50,000 SQ FT MEDICAL CLINIC WITH SUITES
  FOR HEALTH AND PERFORMANCE
• DIAGNOSTICS AND TECHNOLOGY
• VIP HEALTH CLUB WITH OPERATING ROOMS
  AND PRIVATE VIP ENTRANCE
• ADVANCED PERFORMANCE TESTING CENTER

WELLNESS (SOME COSTS MAY APPLY BASED ON USAGE AND PROCEDURES)

• MEDICAL FITNESS WITH PRESCRIPTION FOR HEALTH
• VITALITY SPA
• FITNESS STUDIOS
• SPORTS MEDICINE/PHYSICAL THERAPY
• EUROPEAN STYLED STEAM ROOM
• RELAXING SAUNA
• ALTITUDE TRAINING ROOM
• CRYOTHERAPY CHAMBERS
• JUICE/BEVERAGE BAR
• IV NUTRITION THERAPY

All but 2 of the 312 units have sold for a combined value of $212 million. Average prices range between $350,000 to $2 million. Royal Palms closed on the construction loan in May 2021. Legacy Hotel & Residences is expected to be completed by 2024.

Natiivo Miami Tower Construction Update

With all the buzz happening over new construction in Miami, here is something else to get hyped about! Over the weekend, 1,400 tons of rebar was reinforced along with 4,400 cubic yards of concrete poured for Natiivo Miami. In the next few weeks, we should start seeing construction go vertical.

Natiivo will mix all of the amenities of a luxury hotel with the hospitality of a residential tower. Located in the heart of downtown Miami at 601 NE 1st AvenueNatiivo will rise 51 stories with incredible views of the Miami skyline as well as Biscayne Bay.

Designed and curated by Urban Robot, Natiivo is the first home-sharing condo/hotel residential tower that will utilize services to their owners with the ability to rent out their condos as short-term or long-term rentals. Owners have the ability to manage their own rentals or utilize Natiivo’s services.

Natiivo will feature finished and fully furnished 448 residential units with 16 types of floor plans. Units range from studio to three-bedroom suites with 492 to 1,633 square foot options. 601 Miami will also feature 240 hotel rooms managed by Gale Miami Hotel. The building will also offer 3 floors of 70,000 square feet of amenities including offices, food, and beverage rental spaces.

Work Amenities:

• Co-working spaces
• Private offices
• Flexible office arrangements
• Video-capable conference rooms
• Quiet rooms
• Phone booths
• Cutting-edge technology and connectivity
• Office host
• Coffee and juice bar
• Amphitheater
• Meeting/presentation rooms

Social Amenities:

• Specialty restaurant and bar
• Dining terrace
• Social area with full-service cafe and cocktail bar
• Drink and dine lounge areas
• Media lounge
• Live show and events lounge
• The porch
• Speakeasy
• DJ and live performances
• Programmed events

Splash Amenities:

• Sun deck
• Poolside beverage and food service
• Native tropical landscaping
• Cabana bar
• Pool towel services

Fit Amenities:

• Juice bar
• Yoga and Pilates studio
• Boxing ring with punching bags
• Peloton equipment
• Weight station
• Cross-training/Crossfit
• Spa/treatment rooms
• Sauna/steam rooms
• Locker rooms
• Outdoor terrace/training
• The Fit Boutique

Construction will continue for Natiivo with an anticipated completion date of 2023. If you or someone you know have an interest in purchasing at Natiivo, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at (786)247-6332.

501 First Residences- Renderings and Plans Just Released for the 40 Story Tower in Downtown Miami

Miami can now officially welcome the newest pre-construction tower to grace our gorgeous skyline, 501 First Residences in downtown Miami. This new 40-story tower with 448, will be developed by Aria Development Group and designed by Revuelta Architecture International, who also designed Wind and 900 Biscayne. 501 First Residences will be located at 501 Northeast 1st Avenue with views of downtown Miami and Biscayne Bay.

Acoording to the Aria Development group, this particular development will be built to cater to the short-term rental market. The biggest perk is that there will be no rental restrictions. Which means, the resident can utilize any consumer platform (Vrbo, Expedia, Airbnb, etc.) to rent and each unit can be rent for 1 day or more.

The renderings reveal floor-to-ceiling windows and expansive balconies. The sleek structure is curved creating a horizontal and vertical grid like design. The exact height of the development hasn’t been released but we can expect the 40-story high structure to be over 450 feet in height.

The 448 luxury units will be fully finished and furnished with pricing starting at $300,000. Floor plans will range from studios, 1 bedroom, and 2 bedrooms. The square footage for each unit is expected to be from 385 to 835 square feet.

Residence Features:

• Fully finished and furnished residences thoughtfully curated by award-winning design firm, Shim Projects
• Floor to ceiling glass windows with custom window treatments
• All residences feature balconies
• Biscayne Bay and Miami skyline views
• Finished flooring on all residential interiors and balconies
• In-unit washers and dryers
• Kitchens and bathrooms feature custom Italian cabinetry and counters
• Speed oven by Smeg
• Integrated paneled refrigerator and freezer
• Dishwasher
• Fully built-out closets
• Hansgrohe bathroom fixtures, features, and accessories in dark matte finish

Building Amenities:

• Porte-cochère entrance with 24/7 valet service
• On-site management office
• Mid-century, modern-inspired interior finishes and furniture in residential lobby with 25ft ceiling
• Secure bicycle storage in enclosed and air-conditioned space
• Centrally-located personal storage for all owners
• Luxer One Package Room featuring a tech-forward, contactless digital package delivery system
• Dry-cleaning service
• Ground floor bistro and bar helmed by New York City’s GPG Hospitality
• State-of-the-art indoor gym with private fitness training rooms
• Yoga/meditation room
• 75-foot resort-style lap pool
• North-facing private rooftop movie theatre experience
• Grill & Chill on the Sunrise and Sunset Decks
• Outdoor Game Lawn
• Hot hydrotherapy bath
• Private club suite with game tables
• Entertainment chef’s kitchen
• Media Room
• Library
• Private workspaces
• Pet Lounge with pet bath station
• Greenhouse

The site currently features a 2-story buidling that was built in 1924 and was previously the sales center for YotelPad Miami. The entire project will take over 4 lots equaling 22,500 square feet. According to tax records, the developer purchased the lots in 2015 for $8,250,000.

According to Miami-Dade Country records, construction permits have not been filed. The ground breaking is expected to be scheduled for spring 2022 with a top-off date in spring 2023.

Dezer Development Launches Bentley Residences

Miami welcomes the first-ever Bentley-branded luxury residential tower. The news was announced today that this remarkable tower will stand tall along with other luxury car brands like the Porsche Design Tower and Aston Martin Residences. This remarkable project will have a sophisticated and sleek design standing at 749 feet tall in Sunny Isles Beach. This tower will be the tallest beachfront tower in the U.S. and its height already has FAA approval.

Dezer Development and Sieger Suarez Architects will be partnering to create a luxurious design worthy of the Bentley brand. Dezer and Sieger Suarez has previously worked on Armani and Porsche towers. Gil Dezer, President of Dezer Development states, “Partnering with Bentley Motors, a true global luxury brand and being able to create another first in the Miami marketplace is an extraordinary opportunity.”

According to the press release, there will be 200+ residences, each with a multi-car garage with a car elevator delivering your car straight to your residence (similar to that of Porsche Design Tower). Each unit will also feature its own private balcony, pool and sauna. Floor-to-ceiling windows throughout the residences with ocean and bay views.

Building amenities will include a gym, pool, spa, restaurant (TBD), lounge, cabanas, cinema, whiskey bar, and garden. According to Forbes, Bentley Residences will be built according to the the Florida Green Building Council Certifications with anticipations that the building will use less energy.

The ground breaking is expected to begin in 2023 and construction is expected to be complete by 2026. We will update this article as more information is published about Bentley Residences.