Developer Unveils New Renderings for St. Regis Residences Sunny Isles Beach
New renderings have officially been revealed for the highly awaited St. Regis Residences Sunny Isles Beach located at 18801 Collins Avenue in Sunny Isles Beach. The renderings give us more insight into the luxurious views as well as the amenities that St. Regis has to offer but don’t take our word for it, look for yourself.
This beachfront ultra-luxury residential complex will consist of two 62-story towers that will add to the already growing Miami skyline. St. Regis Residences Sunny Isles Beach will be designed by Arquitectonica with interiors by So Paulo-based Anastassiadis and landscaping by EDSA. The site itself will feature 435 feet of beachfront property with panoramic views of both the Intracoastal Waterway and the Atlantic Ocean.
The two towers will be referred to as the north and south towers. Sales will be launched on the South tower first with options of 194 residences that range from 2 to 4-bedroom floor plans including a selection of penthouses. The North tower is planned to feature 180 residences but sales will launch at a later date.
The residences themselves are exactly what you would think of when you hear the name St. Regis, and that’s luxury.
Residence Features:
Spacious floor plans boasting unobstructed ocean, city, and Intracoastal views
Ceiling heights clearing 10ft in regular units and 12ft in penthouses
Fully finished with flooring and closets
Private elevator and entry foyer in all residences
Service elevators
Italian-designed kitchens with Quartz countertops
Miele appliances including a wine cooler
Walk-in closets in all primary bedrooms
Laundry rooms with full-size washers and dryers
Smart home technology ready
Service quarters in select residences
Full-floor residences with spacious floor plans
East and West terraces with pool on the east
Spacious terraces with luxurious private pool and jacuzzi
Summer Kitchen
Custom-designed Italian cabinetry
Graciously appointed primary suits and separate service quarters with separate entrance
Stunning, 360-degree views of the Atlantic Ocean and Intracoastal Waterway
Indoor BBQ
Indoor/Outdoor living space
Spread throughout the 2 towers will feature 70,000 square feet of amenities.
Managed by the St Regis Hotel Company, without hotel premises.
Grand entry driveway and 2-story porte-cochere
Impressive two-story lobby
10 Guest Suites per Tower
Concierge Services
Pet-friendly and much more
Private beach facilities
Oceanfront and sunset pools
A signature restaurant
Wellness center
Spa
Athletic club
The construction plans show 1,000 parking spots available for residents and the starting price for units begins at $3.5 million. The project is expected to begin in 2023 and be delivered in 2026.
If you or someone you know have an interest in purchasing at St. Regis Residences Sunny Isles Beach, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Miami’s First Distillery Opens February 2023
Tropical Distillers, a liqueur manufacturer, has opened Miami’s first distillery. A fully automated distillery with an on-site cannery, a 30-seat bar, and tasting room, and a gift shop with items only available at the distillery are all included in the area.
The facility creates JF Haden’s Craft Liqueurs line, which includes flavors including mango, lemon, and coffee. Also being developed are several additional goods.
Buzzy Sklar, the CEO and founding brand partner of Tropical Distillers, together with Mike and Maurkice Pouncey, two former NFL players, and real estate agent Kim Rodstein are partners in the distillery.
According to Sklar, “doesn’t fit any mold; we are one-of-a-kind in Miami, offering locals and visitors alike a unique beverage destination that is not only entertaining and aesthetically pleasing, but also informative.”
Visitors will be able to sample cocktails including the Cafecito Martini, Floridian Martini, and a variety of frozen drinks on Fridays and Saturdays from 5 pm until midnight.
A 1,500-square-foot outside deck at Tropical Distillers offers more seats and access to nearby food trucks. The neighborhood of Allapattah’s 8,000-square-foot location was scheduled to debut in December 2021 but was held back.
From Thursday through Sunday, at 1 pm, 3 pm, and 5 pm, there are guided tours available for $25. The event includes pick-ups from places in Miami and tastings of five different concoctions.
Coco Miami Plan to Open its First Florida Location
On January 11, Coco Miami will open its first location in South Florida in the city’s Design District. The 156 seats in Coco’s 2,800 square-foot dining room, which is located at 8 N.E. 41st St., will be staffed by 60 people.
General Manager Richard Contell and Executive Chef Jose Diaz, who received training from Michelin-starred chefs and has a passion for both European and American cuisine, will be in charge.
Because “quality dining and vibe dining” have been increasingly popular over the past few years, the restaurant, which combines fine dining with nightly entertainment, chose Miami for its first South Florida location.
Every night, there will be entertainment at Coco Miami, including dancers, DJs, singers, and live bands. Individual controls located in specified seating locations will allow customers to enjoy the restaurant’s sound system at their preferred volume level while they are eating.
With the help of fresh, regionally produced products, its menu will highlight European traditions. Crudos, pastas, meats, and shareables including seasonal oysters and accessories with chipotle mignonette, ginger-lime relish, and cocktail sauce; Pomme de Terre Millefeuille, thin layers of sliced potatoes with dill crème fraîche and caviar; and a selection of Oscietra caviar are also on the main menu.
Mademoiselle Coco, a cocktail made by hand with Yuzuri Yuzu Liqueur, Shiso-infused Gin, Dragon Fruit, Pineapple Syrup, Lemon, and Sparkling Wine; Alter Ego Margarita, a concoction of Don Julio Reposado, Domaine de Canton Ginger Liqueur, Thai Chili, Tangerine Syrup, and Lime; and Coco Martini, a concoction of Ketel One, sweet vermouth, and cream of coconut.
Every Wednesday through Saturday from 7 p.m. to 1 a.m., Coco Miami will be open.
Tyler Herro of the Miami Heat has Purchased a $10.5 Million Mansion in Pinecrest
Miami Heat guard Tyler Herro just purchased a $10.5 million mansion in Pinecrest of Miami breaking a record for the highest home sold in the community.
The sale broke the Pinecrest record of $10.3 million set earlier this month by the sale of 6155 Southwest 106th Street.
Herro purchased the eight bedroom, eight and a half bathroom mansion located at Southwest 124th Street using a trust managed by Ronald Brown II, which was disclosed to belong to Herro.
Herro’s trust financed $7.4 million of the property from HSBC Bank.
The 9,500-square-foot home was built last year on a nearly 1-acre lot and was originally bought at $5.3 million for the property. According to the listing, the home has a gourmet kitchen, wine cellar, summer kitchen, cabana, pool, and media room. The original list price was at $11.9 million.
Herro recently agreed to terms with the Heat on a four-year, $120 million contract. After one year of college basketball at the University of Kentucky, the shooting guard was drafted by the franchise in 2019. Last season, he was named the NBA’s Sixth Man of the Year, an award given to the league’s best player who came off the bench as a substitute.
Pinecrest and the surrounding neighborhoods have been home to a number of Miami Heat players. A year after signing a four-year, $184 million contract extension with the Heat, all-star small forward Jimmy Butler paid $7.4 million for a home near South Miami in January. Butler sold his Pinecrest home for $7.1 million last year.
Former Miami Real Housewife Cristy Rice, the ex-wife of former Miami Heat player Glen Rice, paid $5.1 million for the home she shared with her ex-husband near Coral Gables and South Miami.
Further east on the ocean, Miami Heat President Pat Riley, dubbed “the Godfather” in the NBA, and his wife, Chris, sold their condo at the Four Seasons Residences at the Surf Club in Surfside for $22.8 million, or a South Florida record $5,775 per square foot.
Top 10 New Year’s Eve Celebrations in Miami 2022
Miami is known for a lot of things and that includes a good time. Whether you’re coming from somewhere cold to celebrate New Year’s Eve in Miami, or you’re a local looking for a memorable night, this top 10 New Year’s Eve events is for you!
The Masquerade at DAER
This is one New Year’s Eve party you should dress up for. For “The Masquerade,” visit DAER at The Guitar Hotel – Seminole Hard Rock Hotel & Casino. For $100, you’ll get access to all three venues (DAER Dayclub, DAER Nightclub, and Rooftop Live), as well as an open bar from 9 p.m. to midnight. Tickets begin at $100, and tables begin at $2,000.
Bayfront Park
Celebrate New Year’s Eve for free at Bayfront Park! Every New Year’s Eve, thousands of people of all ages flock to the park for live performances and fireworks on the bay. Of course, you could ring in 2023 the Miami way: with VIP tables. Reservations required.
Fontainebleau Miami
Marshmallow and Khalid will ring in the new year at the Fontainebleau. Admission is $250 per person and includes a premium open bar. There is also a family experience area, so you won’t have to leave the kids at home. Of course, there are tables on tables and cabanas on cabanas, so start that group text and round up the crew. Ticket and package prices begin at $250.
Dreamland NYE
Dreamland is Miami’s premier LGBTQ+ New Year’s Eve celebration. From December 29 to January 1, you can dance the day and night away to the sounds of Purple Disco Machinen and Sofi Tukker from South Beach to Wynwood. LP Giobbli, Danny Verde, and Matt Denton will perform euphoric, house, and electro-pop sets at the M2 New Year’s Eve party. Dates, locations, and prices vary.
Magic City
Celebrate the New Year with Magic City Hippies at the North Beach Bandshell! Doors open at 7pm, after which Miami’s hometown psyche-funk band, Cannibal Kids, and another band to be announced, will take the stage. Tickets begin at $36.
W Miami
Dance the night away under the stars at New Year’s Eve Electric, which includes a four-hour premium open bar, local DJs, and a variety of VIP packages to ring in the new year in style. From $175.
SLS Brickell
SLS Brickell’s vintage aviation-themed party, but Laidback Luke will be performing all night on the 9th floor pool deck, surrounded by stilt walkers, aerialists, and fire dancers. General admission is $75, but for an additional $75, you will have access to an open bar until 11:30 p.m.
Starlight at Hyde Beach
After enjoying the tasting menus at Bazaar or Katsuya, head to the pool deck for MK’s euphoric DJ set with live performers and more under the stars. General admission tickets start at $175 and include an open bar from 9 p.m. to midnight.
Bagatelle
Bagatelle may not have a ball drop, but you can dance until you drop at their New Year’s Eve Disco Club. To ring in the New Year, imagine mirrored balls, neon lights, fringe, and plenty of champagne, all preceded by a French Mediterranean feast.
Carousel Club at Gulfstream Park
Here’s another budget-friendly New Year’s Eve party. The doors to this Aventura hotspot celebration open at 6 p.m., and there will be cocktails, bites from Los Altos Taqueria, La Traila Barbecue, and Spris Artisan Pizza, as well as music from day to night. Admission is free until 10 p.m., then $35.
Japanese Restaurant, Makoto in Miami Beach Named Top 100 Restaurants in the Country
Makoto, a modern, upscale Japanese restaurant in Bal Harbour Shops, was the only restaurant from Miami-Dade County to make OpenTable’s annual Top 100 Restaurants list. Makoto Okuwa, the restaurant’s chef and partner, leads the restaurant, which opened in 2011, and serves sushi and robata dishes that is cuisine cooked on a fire grill.
Makoto relocated to the third floor of the luxury outdoor mall earlier this year and was updated by international designer India Mahdavi. The space now has indoor and outdoor seating for 244 people, as well as a new terrace and sushi counter. The restaurant’s ownership group’s Stephen Starr responded to the news by praising the Makoto staff.
According to Starr, “The team at Makoto has demonstrated excellence in hospitality from the beginning, and it’s great to have those efforts recognized by our patrons. To be named as one of the top 100 restaurants in the country is an exciting honor and a reflection of our incredible, dedicated staff members.”
With ten restaurants each, Florida and Nevada tied. Fort Lauderdale had two favorites on the list, Louie Bossi Ristorante and Takato, while Tampa had three. To compile the list, OpenTable analyzed more than 13 million verified reviews from 47 cities in 21 states. Only those who book through OpenTable and dine there can leave reviews.
MAKOTO is located at Bal Harbour Shops at 9700 Collins Ave. in Miami Beach.
New Report Shows Miami as the Most Competitive Rental Market in the United States
Renting is at its greatest level in fifty years, with almost 44 million American households renting. However, some renters found it difficult to find a new place to call home in 2022, particularly in the highly sought-after South Florida region, which has long been a popular relocation destination for individuals from all over the country.
Additionally, in the past two years, more people have relocated to the Sunshine State as a result of laxer rules and the growing use of remote work. As a result, migrants found themselves in a competitive market with local residents looking for units, making Miami-Dade the most popular rental market in the country.
RentCafe.com examined the 135 biggest U.S. markets examing five crucial metrics that include the number of days apartments were vacant, the percentage of occupied rentals, the number of prospective renters, the percentage of rental renewals, and the share of apartments completed for the year.
The largest metro areas in Florida opened new apartments this year more quickly than any other city in the nation. However, this was still insufficient to meet the rising demand in such a well-liked location.
Due to record-high occupancy and high lease renewal rates, Miami had the hottest rental market in the United States. Numerous Millennials and even members of Generation Z who wanted to work and live in the Sunshine State were drawn due to a number of factors, including the absence of a state income tax, the business-friendly environment, and the thriving tech scene.
Renters in Miami are in a very difficult situation because practically all units are occupied, especially since 75% of apartment residents choose to stay put this year. As a result, Miami’s rental apartments were full in 25 days on average, with a record-breaking 32 renters competing for each available property. Additionally, despite the metro area’s stunning 2.8% rise in apartment supply in the first half of the year (the highest growth rate among the top 20 cities in the ranking), the high demand for rentals is still far from being satisfied.
Notably, the city’s favorable business environment, which draws corporate relocations and expansions, maybe the cause of this demand. Orlando is also a member of the Florida High Tech Corridor, which attracts business people, students, and young professionals.
Florida welcomed the newest residents between 2020 and 2021, according to the US Census Bureau (220,890 people looking to escape high taxes and frigid winters in the North). Arizona (170,307) and Texas (170,307) were much behind it (93,026). And even while developers are hard at work constructing apartments all around Florida, the supply of recently created rentals is just insufficient to meet the soaring demand for housing.
Casa Tua Announced in Brickell by Fortune International Group
In Miami’s Brickell district, Fortune International Group is developing Casa Tua, an opulent residential skyscraper that will allow short-term rentals.
According to Fortune CEO Edgardo Defortuna, Ora by Casa Tua, a 70-story development with roughly 460 residential units, is proposed for the 1210 Brickell Avenue site. Early in the next year, Fortune will start accepting reservations.
The skyscraper will be the company’s first residential development. According to insiders, Miky and Leti Grendene’s hospitality business has been in discussions with developers for a long time. The Food Hall on Saks Fifth Avenue in Brickell City Centre and the Casa Tua main location are both in Miami Beach. Additionally, a Casa Tua Cucina restaurant will open in Miami’s Wynwood’s planned Nomad Wynwood Residences development.
Two new restaurant concepts, a 24-hour market, entertainment lounge, fitness, and wellness center, a three-story sky garden, and a rooftop club with a pool, jacuzzi, cabanas, and a bar will all be included in the mixed-use Brickell tower. The hotel management and marketing will be handled by Casa Tua.
According to Defortuna, the condos will have sizes ranging from 600 square feet for studios to 2,400 square feet for four bedrooms, with prices between $800,000 and $2.5 million. Defortuna predicts that a sizeable fraction of owners will profit from the option for buyers to rent out the apartments on a short-term basis. The lowest two-thirds of the skyscraper will feature between eight and ten units per floor, while the upper third of the tower will have fewer, larger units with an average of six units on each level.
The building is geared toward a younger clientele and offers a wine-tasting bar, a 24-hour grocery and bakery, a restaurant near the pool, and an equipped lobby.
Depending on sales milestones, he said, construction may start in late 2023 or early 2024.
According to property records, the property is owned by Patagonian Investment Internacional LLC, which is run by Argentine investors Federico Carabetta and Vicente Luis Carabetta. Next year, Fortune will close the location and destroy the parking garage to make way for Ora by Casa Tua. The garage is close to the office building at 1200 Brickell Avenue, which still houses the Dirty French Steakhouse owned by Major Food Group.
Casa Tua has outlets outside of Miami in Aspen and Paris and will establish a restaurant and lounge in New York City in Surrey, a Reuben Brothers venture, the following year.
Taurus Investment Holdings and The Congress Group Switch Civica Development from Office to Residential
The focus of Civica’s plans is shifting from offices to residences in recently updated plans for the development. In the previous plans, the development was set to rise 22 stories tall with a height change to 27 stories or 310 feet.
The changes also include 342 residential units, luxury amenities, commercial and office space, and an 8-level garage with 590 parking spaces.
The property is located five minutes walk from the Civic Center Metrorail station. The land sits right behind the 836 Expressway, which is being reconstructed as part of the Signature Bridge project.
Currently on the site is a three-story shopping center with 74,463 square feet, as well as a 4,768 square-foot bank branch. While the tower is being constructed, both of those buildings would still be present, albeit their parking spaces would be moved to the new parking garage for the complex.
The Miami Urban Development Review Board is scheduled to examine the project at a hearing on December 21. The architect for the project is listed as Cube 3 and the developers include Boston-based, Taurus Investment Holdings, and The Congress Group. The developer purchased the site for a combined $30.5 million in 2020.
New Development Announced in Brickell-Westpine
Westpine, a 43-story residential tower, has just had its plans submitted in Brickell. Westpine will have a 474-foot high peak and will feature 328 residential units, 1,155 square feet of retail, and 357 spaces for parking.
A multifamily building with 24 units that was built in 1964 is currently on the 0.7-acre site.
Westpine Brickell LLC is listed as the developer and Behar Font Partners as the architect. Westpine Brickell LLC, an affiliate of Westpine partners originally purchased the site for $11.53 million.
Instead of being referred to the City of Miami for review under city zoning regulations, the project was submitted to the Miami-Dade County Planners for review under their Rapid Transit Zoning Metromover Subzone.
On December 9, a pre-application meeting with county planners was sought.
Brickell, also known as the Financial District of Miami, is home to a large number of international banks such as HSBC, Espirito Santo Bank, and Banco Santander.
These Brickell Miami banks are predominantly located along Brickell Avenue – the main thoroughfare running through Brickell Miami and extending north to south from the Brickell Avenue Bridge to the Rickenbacker Causeway.
Brickell Miami is considered to be one of South Florida’s most prestigious neighborhoods and is a perennial favorite place to live among affluent, young professionals.