The official groundbreaking on the 44-story Lofty Brickell occurred this morning with Newgard Group in attendance and a celebratory champagne toast.
Lofty Brickell is a $300 million project with 362 condo units while 88% of the units already under contract.
Designed by internationally acclaimed, Arquitectonica, interiors will be designed by a New York-based interior design company INC New York. Developer Harvey Hernandez is also responsible for Brickell House and Centro towers. Hernandez purchased the Lofty lot for $50 million.
The contractor is named as Americaribe-Moriarty JV. According to a late October FAA approval, Lofty will soar to a height of 574 feet.
Lofty will feature a number of wonderful amenities including a butler service, rooftop pool, car service, and a 5-star restaurant that hasn’t been disclosed. This tower will also include a private marina with available docks for boating.
Building Amenities
Exotic resort pool with pool-side cabanas
Bar and grill on pool deck 24/7
Co-working lounge Private meeting rooms
Event room with exclusive terrace
A fully-equipped, state-of-the-art fitness center with HD TVs and wireless audio Private Peloton studios Yoga lounge and terrace
LOFTY Rooftop Experience
Residence Features
Urban luxury residences with modern open layouts from 485SF—930SF Studio, one and two-bedroom units
All residences are delivered fully finished and furnished specially curated by INC
Panoramic Miami River, and Miami skyline views
Private balconies for every residence
Corner units offer wrap-around balconies
High ceilings ranging from 9’ to 11’
Owner closets in every residence
Floor-to-ceiling sliding glass doors and sound-attenuating impact-resistant laminated glass throughout
Advanced technology Smart Building wiring for HD TV,
Multiple telephone /data lines and ultra-high-speed internet access
Individually controlled energy-efficient central air conditioning and heating system
Kitchen
Imported European cabinets with premium hardware and drawer pull
Top-of-the-line appliance package including stainless steel refrigerator, oven, cook-top, microwave, dishwasher, and sink disposal
Elegant imported stone countertops and backsplashes
Contemporary stainless steel under-mounted sink
High-arc gourmet faucet with integral sprayer
Master Bathroom
Imported European cabinets with premium hardware and drawer pulls
Elegant imported stone countertops and backsplashes
Beyond the initial Lofty tower, there are plans for additional expansion. In September, utilities for 782 residential apartments, 11,364 square feet of restaurant space, and 13,928 square feet of commercial space were secured.
If you or someone you know have an interest in purchasing at Lofty Brickell, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Groundbreaking Announced for Waldorf Astoria Residences Miami
The Waldorf Astoria Residences Miami, which will be the highest residential structure south of New York City, is scheduled to break ground on October 27th, 2022.
The groundbreaking for the 100-story collection of 9 glass boxes in downtown Miami, is the result of an alliance between the New York and Miami-based developer PMG, the Toronto-based private equity firm Greybrook Realty Partners, and the international hospitality giant Hilton.
The 1,049-foot tower will rise at 300 Biscayne Boulevard, which will be located across from Bayfront Park at the northwest intersection of Biscayne Boulevard and Northeast Third Street.
360 individual homes will be included on the site, along with 205 bedrooms and suites in the five-star hotel.
The building will also contain 1,321 square feet of commercial and retail space, as well as parking for up to 694 cars and 350 bicycles.
The third cube, which is located towards the base of the tower, rotates in response to the pool deck, while the second cube, which is placed further to the east, forms an outdoor dining area for an expensive restaurant. The first cube rotates upward at street level to welcome locals and guests while supporting the entire tower.
Peacock Alley, a specialty restaurant, indoor/outdoor pre-function and event spaces, conference and boardrooms, a resort-style pool deck with private cabanas, a spa, and a fitness facility will all be considered signature areas.
Residences will feature the newest smart home technology with access to concierge services through a personalized mobile app. The app will have a comprehensive list of services, including the ability to make reservations for meals, 24-hour room service, spa and fitness services, house cars, access to valet service, package delivery, and dog walking.
Sales for the project began in March 2021 and sold 75% within the first 9 months. Now the project is sold out! The designer for the project is listed as BAMO.
The price of a residence begins at $1 million, and PMG Residential is in charge of sales and marketing.
Hilton Management Services will be in charge of running the Waldorf Astoria Residences Miami.
Demolition has already begun on the existing asphalt as well as field site borings being completed. Deep Soil Mix permit has been issued and work was started in July 2022.
The tower is expected to be finished in 2025.
If you or anyone you know has an interest in acquiring it, contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Construction Begins at Aria Reserve Miami
Today marked the official start of construction for Aria Reserve Miami with a groundbreaking ceremony. In attendance were the developers, the Melo Group, Mayor Suarez, and many others. The groundbreaking took place near the ocean at the Edgewater site just steps away from the sales center.
Speakers included Guopo Melo, Mayor Suarez, and sales staff for Aria Reserve. Refreshments and appetizers were served along with a mini-presentation of Aria Reserve.
Aria Reserve will rise 62 stories tall reaching 627 feet, making it the tallest twin waterfront residential development in the United States. The project will feature two towers, each with 390 units and 1,608 parking spaces.
Sales for Aria began in June 2021 for South Tower. According to the Melo Group, over $40 million of all 12 penthouses have sold within the first 90 days of the launch. Now more than 90% of the units have sold with a total sales of over $600 million.
Residential units 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
Construction is anticipated to be completed in 2024. If you or someone you know have an interest in purchasing at Aria Reserve, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Legacy Hotel & Residences Breaks Ground
Photo Credit: owpbrokers
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.
