Meta Development’s New Luxury Venture Set to Transform Brickell

Meta Development, an international firm, is making waves in the Miami real estate scene with plans to demolish the five-unit Houses of Brickell Condominium and replace it with an exclusive luxury development. This ambitious project will introduce 36 upscale residences, with each ownership opportunity priced around $2.5 million.

The development’s blueprint includes two interconnected five-story buildings. These structures will be linked via a stunning rooftop pool deck and supported by a parking podium. Residences are set to range from three to five bedrooms, although specific square footage details remain undisclosed.

Beyond the beautiful design, residents will enjoy high-end finishings, energy-efficient appliances, and integrated smart home technology. The development aims to appeal to both wealthy homeowners with spacious residences and investors seeking smaller units for short-term rentals. The inclusion of smart home features and sustainable design elements positions the project as a forward-thinking addition to the Brickell skyline.

Brazil-based OSPA Architecture and Urbanism is spearheading the architectural design of the project. Conceptual renderings depict a sleek, rectangular-shaped structure surrounded by lush palm trees and native ferns, encapsulating Miami’s tropical beauty.

Meta Development secured the land for this ambitious project through two strategic acquisitions. The firm purchased a vacant 17,500-square-foot lot at 1870 Brickell Avenue for $10.25 million and has the five condos at the existing Houses of Brickell under contract for a combined $10.5 million.

This new 36-unit development will be located at 1888 Brickell Avenue, Miami, FL 33129, within Miami-Dade County. As the project moves forward, anticipation builds for this transformative luxury venture that will further solidify Brickell’s reputation as a premier destination for luxury living.

Exciting New Retail and Restaurant Concepts Coming to Miami Worldcenter

Miami Worldcenter, the $6 billion, 27-acre mixed-use development that’s transforming Downtown Miami, is set to welcome three exciting new tenants by early 2025. The latest additions to the vibrant project include Go Greek Yogurt, HŸP, and SkinSpirit, all of which promise to bring unique experiences to the growing retail and dining scene.

Developed by Miami Worldcenter Associates, under the leadership of Managing Partners Art Falcone and Nitin Motwani in partnership with CIM Group, Miami Worldcenter stands as one of Florida’s largest privately owned urban real estate projects. Spanning 10 city blocks, the development offers a blend of residential, commercial, and hospitality spaces, complemented by 300,000 square feet of retail, dining, and entertainment venues.

New Tenants Coming Soon

Go Greek Yogurt: This Beverly Hills-based yogurt bar and café will open its first Florida location at Miami Worldcenter in late 2024. Spanning nearly 1,300 square feet on the Paseo Promenade, Go Greek Yogurt will offer authentic fresh and frozen Greek yogurt with ingredients imported directly from Europe, promising a healthy and flavorful dining option.

HŸP: Known for its curated selection of top-tier streetwear brands such as Nike, Adidas, and Chrome Hearts, HŸP will also debut in late 2024. The 1,300-square-foot sneaker and streetwear retailer will add another layer of fashion-forward appeal to the Paseo Promenade.

SkinSpirit: Arriving in early 2025, SkinSpirit’s 1,700-square-foot medical aesthetics spa will mark the company’s first foray into South Florida. With a national reputation for top-tier services like Botox and dermal fillers, SkinSpirit’s arrival will enhance Miami Worldcenter’s wellness offerings.

Expanding Retail and Dining Scene

These new tenants will join an impressive roster of businesses already open at Miami Worldcenter. Notable venues include Sixty Vines wine-on-tap restaurant, Chef Michael Beltran’s Brasserie Laurel, Chug’s Express, and El Vecino Cigar & Cocktail Bar. Popular retailers like lululemon, Sephora, Ray-Ban, and Free People are also part of the development, alongside entertainment options such as Lucky Strike bowling, the Museum of Ice Cream, and a Lucid Motors showroom.

Additionally, more high-profile names are set to open soon, including Juvia, Villa One Tequila Gardens, Chicago’s Maple & Ash, and Serafina, along with Club Studio and The Spot Barbershop.

A Destination for the Future

Miami Worldcenter is not just a place to shop and dine; it’s a cultural and residential hub that enhances Miami’s urban experience. The project includes completed developments such as the 351-room citizenM hotel, the luxury Paramount Miami Worldcenter condominium, and market-rate apartments Flow and Bezel Miami. Under construction are major projects like Miami World Tower 1 and The Crosby, while future residential towers by leading developers are also planned.

In addition to its retail and residential elements, Miami Worldcenter will feature World Square, a 20,000-square-foot outdoor public plaza, and a $5 million public art initiative that will transform the space into a permanent outdoor museum with works curated by Jeffrey Deitch and PRIMARY.

Its strategic location places it within walking distance of cultural landmarks like the Pérez Art Museum, Adrienne Arsht Center, and the Brightline MiamiCentral station, making Miami Worldcenter one of Florida’s most well-connected and transit-oriented developments.

River District 14 Secures $77.8 Million Construction Financing

River District 14, a luxury development in the heart of Miami, has secured a significant financial milestone. Forman Capital has granted a $77,805,708 construction loan to an affiliate of Alta Development, marking a key step forward for the highly anticipated project.

The development will feature two 16-story towers with a total of 283 fully furnished condo units. Designed with flexibility in mind, these units will allow for short-term rentals, catering to a growing demand among investors and residents alike.

With more than 50% of the units already sold, River District 14 is proving to be a hot commodity in today’s thriving real estate market. Forman Capital’s Chief Investment Officer and Principal, Scott Mehlman, expressed optimism about the development’s potential. “The new construction condominium market continues to sizzle, and residences built for short-term rentals have proven to really resonate with buyers,” he said. “Based on initial sales at River District 14, I think this will be a major success.”

Construction is expected to begin before the end of the year, setting the stage for another standout addition to the city’s skyline.

Bentley Residences Miami Tower Construction Cranes Set to Rise in 2025

Exciting new developments are coming to the Bentley Residences Miami site in Sunny Isles Beach, with plans for two massive construction cranes to take the project skyward. According to a new filing with the FAA, these cranes will play a crucial role in shaping what will become the tallest oceanfront building in the United States.

The first crane, dubbed Tower Crane #1, is set to soar 850 feet above the ground, reaching an impressive 857 feet above sea level. This crane will help propel construction to the highest heights of Bentley Residences. Tower Crane #2 won’t be far behind, reaching 742 feet above ground, or 749 feet above sea level.

The work schedule for these towering structures is expected to begin on January 15, 2025, marking a significant milestone in the development.

Bentley Residences Miami is set to stand 62 stories tall, topping off at 749 feet. This will solidify its status as the tallest oceanfront building in the U.S., reshaping the skyline of Sunny Isles and redefining luxury living in the region.

Earlier this year, Dezer Development, the mastermind behind this iconic project, held a groundbreaking ceremony, setting the stage for a construction timeline that will stretch to the end of 2027, when the building is slated for completion.

New Development Coming to Brickell-House of Wellness Hotel Tower

Miami’s skyline is set for another exciting addition with the proposed House of Wellness hotel tower in Brickell. A pre-application has been filed with Miami-Dade County reviewers, signaling the start of what will become a 43-story luxury development right in the heart of Brickell.

Key Features of House of Wellness:

• 43 stories high
• 832 lodging units for guests seeking a luxurious stay
• 347 parking spaces to accommodate residents and visitors
• A stunning rooftop pool deck on the 43rd floor, providing breathtaking views of the Miami skyline and beyond

What sets this project apart from other Miami developments is its approval pathway. The House of Wellness will be processed through Miami-Dade’s Rapid Transit Zone (RTZ), rather than the City of Miami’s traditional planning process. This move highlights the significance of its proximity to transit and the county’s focus on improving urban mobility and connectivity in key areas like Brickell.

Behind the Development

• Developer: North at Brickell VI, LLC has taken the helm as the contract purchaser and developer of the property.
• Architect: Studio MC+G, known for its modern and innovative architectural designs, is leading the project’s design and structure.

This wave of construction is redefining Brickell, adding both residential and hotel options, making it an increasingly desirable place for residents, tourists, and investors alike.

This hotel tower isn’t just another high-rise in Miami’s ever-evolving skyline; it is an exciting step forward in aligning luxury living with wellness-focused amenities. The rooftop pool deck, high-end accommodations, and location in one of Miami’s trendiest neighborhoods make this project one to watch.

As House of Wellness moves through the approval process, we’ll continue to monitor its progress and update you on its groundbreaking. With the growing number of major developments in Brickell, the neighborhood is set to continue its transformation into a hub of luxury, wellness, and modern urban living.

Dolce&Gabbana Tower: A New Icon Rising in Miami’s Brickell District

Plans for a new architectural marvel in Miami’s Brickell district have been submitted to Miami-Dade County planners, signaling the arrival of the Dolce&Gabbana Tower. This 81-story mixed-use skyscraper, designed by Studio Sofield with ODP as the architect of record, promises to be a striking addition to Miami’s ever-evolving skyline.

The Dolce&Gabbana Tower, located at 888 Brickell Avenue, is set to rise 1,049 feet, making it one of the tallest buildings in Miami. The skyscraper will house 259 luxury residential units and feature 102,805 square feet of commercial space. The commercial areas will include high-end retail shops, gourmet restaurants, a state-of-the-art spa, and a modern gym. The development, led by JDS Development Group, will also provide 273 parking spaces, reaching the maximum height permitted by the FAA in this part of Miami.

This ambitious project is strategically positioned on the north side of SE 10th Street, just west of Brickell Avenue/US-1, occupying a property that spans approximately 22,568 square feet (0.51 acres). Currently, the site is home to an office building constructed in 1972. The tower’s location offers unparalleled convenience, sitting just half a block from the Tenth Street Metromover Station, making public transportation readily accessible for residents and visitors alike.

Earlier this year, JDS Development Group secured the property for a staggering $61 million, a testament to the high stakes and significant investment involved in this development.

In exchange for project approval, the developer has committed to a substantial public benefit contribution. The Board of County Commissioners approved a Special Exception for a General Development Plan on June 20, 2024, which includes a one-time payment of $1.5 million from the developer. These funds are earmarked for critical infrastructure improvements in the area, including the installation of a new traffic signal at South Miami Avenue and SW 10th Street. Additionally, the funds will support repairs and upgrades to the Tenth Street Metromover Station and its surroundings. Planned enhancements include updates to mechanical systems, restrooms, painting, signage, accessibility features, streetscape improvements, and wayfinding support, all of which will significantly benefit the community.

The Dolce&Gabbana Tower is the result of a collaborative effort involving several key players in the industry. DeSimone is responsible for structural engineering, while MG Engineering handles MEP engineering. The renowned fashion house Dolce & Gabbana is contributing to the interior design, ensuring that the tower’s interiors are as luxurious as its exterior.

SLS is managing code/ADA compliance, while Kimley Horn takes charge of landscape, civil, and traffic engineering. Lerch Bates oversees vertical transportation, and Walker Parking serves as the parking consultant. Socotec Consulting is managing enclosure and waterproofing, Longman Lindsey is the acoustical engineer, and Aquadynamics Design Group is the pool consultant. Sustainability efforts are being led by Trifecta Construction Solutions, with MG Engineering also responsible for AV/LV security systems.

The Dolce&Gabbana Tower is poised to become a new landmark in Miami, blending luxury living with commercial dynamism in the heart of Brickell. With its strategic location, world-class amenities, and significant contributions to public infrastructure, the tower is set to enhance the city’s reputation as a global destination for luxury and innovation. As Miami continues to grow and evolve, developments like the Dolce&Gabbana Tower are paving the way for a vibrant and sustainable future.

Brickell’s Dolce&Gabbana Tower to Fund Transportation Upgrades

In a significant development for Miami’s Brickell neighborhood, the developer behind the highly anticipated 90-story Dolce&Gabbana supertall condo hotel has reached an agreement to fund crucial transit and transportation upgrades in the area. This agreement is a pivotal step in the ongoing review process as the project progresses under Miami-Dade’s Rapid Transit zoning plan.

The Dolce&Gabbana tower, a striking addition to the Miami skyline, is currently under scrutiny by Miami-Dade’s review process, which falls under the Rapid Transit zoning plan. This zoning plan is designed to ensure that new developments contribute to the public good, particularly in areas like transportation and transit infrastructure. The approval of developments within this zone is often contingent upon providing significant public benefits, which in this case, includes a substantial financial commitment from the developers.

On August 13th, a Declaration of Restrictions was officially recorded with Miami-Dade County, outlining the public benefits that will accompany the approval of the Dolce&Gabbana tower. One of the key components of this declaration is a commitment to a $1.5 million contribution from the developer. This one-time payment will be allocated to a series of much-needed upgrades and improvements in the Brickell area.

• Traffic Signal Installation: A new traffic signal will be installed at the intersection of South Miami Avenue and SW 10 Street. This upgrade is expected to enhance safety and traffic flow in one of Brickell’s busiest areas.
• Metromover Station Enhancements: The Tenth Street Metromover Station and its surrounding vicinity will receive repairs and upgrades. These improvements will include updates to mechanical systems, restrooms, painting, signage, accessibility features, streetscape improvements, and wayfinding support.
• Additional Commitments: The $1.5 million contribution will be in addition to any permitting or impact fees that are already due to the County as part of the development process. However, if the County Director determines that any portion of the contribution is duplicative of impact fees, the developer may be eligible for an offset equivalent to the value of those fees.

The agreement was signed by Michael Stern, representing the developing entity. This commitment to improving the infrastructure around the Dolce&Gabbana tower underscores the developer’s dedication to enhancing the community and addressing the needs of Brickell’s growing population.

As the Dolce&Gabbana supertall condo hotel moves closer to realization, this agreement marks a significant milestone in ensuring that the development not only adds luxury and architectural grandeur to Miami’s skyline but also contributes meaningfully to the city’s infrastructure. The upcoming transit and transportation upgrades funded by the developer will play a vital role in supporting the continued growth and vibrancy of the Brickell neighborhood.

Loews Corporation Secures $305 Million Refinancing for Miami Beach Resort

Loews Corporation is poised to receive a $305 million refinancing package for its premier oceanfront Miami Beach resort. The financing, which backs the 5-acre, 790-key hotel located at 1601 Collins Avenue, is being originated by Wells Fargo, National Association, and JPMorgan Chase Bank, as reported by Fitch Ratings. The transaction is expected to close on September 10th.

The 10-year, fixed-rate, interest-only loan will serve to refinance the existing $300 million debt and cover approximately $5 million in closing costs. Despite multiple inquiries, a spokesperson for Loews has not provided any comments on the matter.

Loews, which is led by the billionaire Tisch family, has a long-standing history with the property, having acquired it in 1998. The resort encompasses two towers, including the historic St. Moritz building and a 17-story tower. The property boasts approximately 46,000 square feet of meeting space, six food and beverage outlets, retail spaces, a pool, and cabanas. Among its dining options is the renowned Rao’s restaurant, which has become a key attraction for guests.

Fitch Ratings has valued the property at just over $400 million, translating to about $507,000 per key. With a loan-to-value ratio of 74 percent, the new financing will strengthen the resort’s financial foundation while ensuring its continued operation as a luxury destination in Miami Beach.

This refinancing follows a similar move earlier this month by BDT & MSD, a merchant bank created through the merger of Trott’s BDT & Company and MSD Partners, the private investment arm of Dell Technologies founder Michael Dell. The firm secured a $1 billion refinancing for the Boca Raton Resort & Club, a 1,047-key luxury hotel located at 501 East Camino Real in Boca Raton. Citi Real Estate Funding provided the two-year, floating-rate interest-only loan for that transaction.

The Miami Beach resort refinancing marks yet another significant investment in South Florida’s luxury hotel market, reflecting the region’s robust real estate and hospitality sectors. As Loews continues to enhance its premier properties, the future looks bright for this iconic oceanfront destination.

Foundation Pour Completed for Aria Reserve North Tower

Exciting progress is being made on the highly anticipated Aria Reserve development in Miami! The foundation pour for the 62-story Aria Reserve North Tower was successfully completed, according to a recent social media post by shell contractor L&R Structural Corp. This marks a significant milestone in the construction of one of Miami’s most luxurious and ambitious residential projects.

The foundation pour comes just a few weeks after the Miami Building Department issued the master construction permit for the North Tower on June 11. Construction cranes were promptly installed following the permit issuance, allowing the project to progress smoothly. The twin towers of Aria Reserve, each rising 62 stories or 649 feet, are set to redefine Miami’s skyline.

Aria Reserve is a twin-tower development, with each tower standing tall at 62 stories. The South Tower, which topped off in April, is a testament to the speed and efficiency with which this project is moving forward. Together, the two towers will offer approximately 743 luxury condos, providing residents with stunning views and top-tier amenities in the heart of Miami.

The Aria Reserve project is being developed by the esteemed Melo Group, a name synonymous with quality and luxury in Miami’s real estate scene. The architectural design is being crafted by the renowned firm Arquitectonica, known for their innovative and iconic designs that grace skylines around the world.

With the foundation pour now complete, the construction of the Aria Reserve North Tower will continue to rise, bringing this ambitious project closer to its final form. As the towers inch closer to completion, Miami residents and future condo owners alike are eagerly awaiting the day when Aria Reserve will open its doors, offering an unparalleled living experience in one of the most vibrant cities in the world.

Onda Residences: A New Landmark in Miami’s Bay Harbor Islands

Onda Residences, a stunning 8-story residential condominium designed by the renowned Arquitectonica, has reached a significant milestone with the completion of construction. Located at 1135 103rd Street in Miami’s Bay Harbor Islands, this boutique waterfront tower has officially received its Temporary Certificate of Occupancy (TCO). This achievement marks the beginning of a new chapter for Onda as owners move forward with unit closings and prepare to call this luxurious development home. The project was spearheaded by developers Ugo Colombo of CMC Group and Valerio Morabito of Morabito Properties, with Coastal Construction serving as the general contractor.

Onda has been a highly anticipated addition to Miami’s luxury condo market since its initial launch in 2021. Nearly all of the residences have been presold, reflecting strong demand for high-end properties in the area. Only three units remain available, with prices starting at approximately $5.1 million. The majority of Onda’s buyers are domestic, highlighting a trend of business and wealth migration fueling South Florida’s real estate market.

Onda Residences offers an array of luxurious living spaces, with residences ranging from two to four bedrooms plus den floorplans. The units vary in size from 1,809 to 3,535 square feet, with four penthouse residences reaching up to 5,073 square feet. Two of the penthouses include private rooftop pool decks. Each unit features high-end finishes, including private and semi-private high-speed elevators, floor-to-ceiling, impact-resistant sliding glass doors and windows, spacious tiled terraces with private gardens, open floor layouts with up to 9-foot-high ceilings, and fully-accessorized Snaidero kitchens with top-of-the-line Miele appliances. Bathrooms boast Italian marble and Milldue cabinetry, complemented by Italian flooring throughout. The residences also include energy-efficient air conditioning and heating systems, as well as advanced air and water filtration systems.

Designed by Bernardo Fort-Brescia of Arquitectonica, Onda reflects its name—meaning “wave” in Italian—through its architectural style and interior design. The interiors, crafted by Carlo and Paolo Colombo of A++ Human Sustainable Architecture, feature soothing, neutral tones inspired by the meeting of water and sand. Award-winning architect Enzo Enea of Enea Garden Design was responsible for the landscaping, adding to the serene and tropical ambiance of the property.

Onda’s prime location offers more than 300 linear feet of bay frontage with breathtaking views of Biscayne Bay and the Atlantic Ocean. The development includes a private marina with 15 boat slips and a water sports launch dock, providing residents with direct ocean access through Miami’s Haulover Inlet.

The building’s amenities are equally impressive, featuring a rooftop pool deck and lounge area, a state-of-the-art fitness center with Technogym equipment, a yoga studio, and a spa complete with massage treatment rooms, steam bath and sauna rooms. Residents will also enjoy personalized services, state-of-the-art security and technology, a front desk reception, a covered valet drop-off area, personal parking spaces, electric vehicle charging stations, bicycle storage, and residential storage space. An integrated digital concierge, WiFi throughout public spaces, and FTTH technology for voice, video, and high-speed internet are also provided.

Onda marks another successful collaboration between Colombo and Morabito, who previously partnered on the development of Beach House 8, a boutique waterfront condo on Collins Avenue in Miami Beach. Colombo’s CMC Group continues to make waves in the Miami real estate market, with projects like Vita at Grove Isle and the Four Seasons Private Residences Coconut Grove in partnership with Fort Partners.

With its prime location, luxurious features, and thoughtful design, Onda Residences is set to become a landmark in Miami’s Bay Harbor Islands, offering a unique and upscale living experience for its residents.