Missoni Baia Construction Passes its Halfway Point
Welcome to Missoni Baia! This remarkable waterfront tower will feature 57 floors with an impressive 200 feet of Biscayne Bay frontage. Curated by New York designer Paris Forino, with 249 custom one-to-five bedroom options. The architect for this tower is Hani Rashid of Asymptotoe Architecture and the developer is OKO Group under Vladislav Doronin.
Construction is underway for this gorgeous tower and it has passed the half-way point. According to CEO of developer Cain International, “This milestone is a testament to the team’s diligence and hard work despite the challenges presented by the current environment. Building Missoni Baia to its midpoint milestone is a remarkable moment for our team as we bring this elegantly designed, landmark project to life.”
According to a press release from Missoni Baia, all windows have been added to the north and south tower up to the 36th floor, including partial balconies. Civic Construction, the general contractor has stated that top-off is estimated this time next year.
Building Information:
Prices start at $600,000 to $9 million
One-to-five bedroom layouts
776 to 3,788 square feet
Direct Bay or City views with panoramic views of Biscayne Bay, Downtown Miami or South Beach
Residences feature 10 foot ceilings
Terraces with impact resistant glass windows are 8 to 10 feet deep
Marble-encased bathrooms with European styles lacquered cabinets
Custom kitchens with top-of-the-line cabinetry and high end appliances
The residents will have access to all the amenities a luxury resort has to office; five separate pools with an Olympic-sized swimming pool, and an infinity pool with views of Biscayne Bay. Poolside lounges, cabanas, elevated tennis courts, and luxury spa are also available. Residents will also receive membership access to the Grand Bay Club beachfront of Miami’s Key Biscayne.
Missoni Baia is still on track for completion for the end of 2022! Subscribe for more updates on Missoni Baia construction!
One Thousand Museum Secures Loan 3 Weeks after Foreclosure Announcement
The future is looking bright for the developers of One Thousand Museum Residences. Just three weeks ago, the Reuban Brothers filed a foreclosure lawsuit against the developers for $82.7 million with interest. As of March 3, 2021, which is the date of the filing, 15 developer units were still available in the tower.
Within three weeks of the foreclosure announcement; Louis Birdman, Gilberto Bomeny, Kevin Venger and partners Gregg Covin and Todd Glaser, have secured and closed on a $90 million condo inventory loan from Cirrus Real Estate Partners. This new loan closed on Monday and will pay off the loan balance that was originally provided by Fortress Investment Group in 2016. It will also give the developers time to sell the additional units.
The mortgage broker for this transaction was Jim Fried, President of Sandstone Realty Advisers. A former Fortress executive, who is now the Managing partner at Cirrus Real Estate Partners, Tony Tufariello, expects the developers to sell the units with the next couple of years. Tufariello stated that they were “attracted to the buildings larger floor plans and amenities, and encouraged by the recent uptick in sales.”
The developers stated that they were planning to pay off the original construction loan but it was “pushed due to travel restrictions that hindered lenders from walking the final project.”
This luxury tower features a private rooftop helipad, valet services, and well spa. One-Thousand Museum is also home to David and Victoria Beckham.
Building Amenities:
Double height aquatic center with indoor pool
The Sky Lounge provides a dramatic venue for private events for residents
Private rooftop helipad. The helipad will make nearby islands, private and commercial airports, and private yachts easily accessible
Multiple recreation areas for swimming, sunning, socializing, and fitness
24/7 specialized security and valet personnel, other on-site staff including concierge, professional management, and other specialized personnel
Custom scenting by 12.29 in all interior amenity spaces including the lobby, wellness & spa level, aquatic center, and sky lounge (can be available in residences upon request)
Bank-quality vault with individual safe deposit box for every residence, offering residents the convenience and security of storing their valuables onsite
Residence Features:
Private residences are accessed from the lobby via secure, high-speed elevators that feature destination-entry smart technology
East-to-west flow-through floor plans that capture the mesmerizing panorama of Biscayne Bay and Atlantic Ocean views as well as the Miami skyline
Oversized terraces
Custom Italian kitchens with quartz countertops
Induction cook tops, in wall ovens, steam ovens, microwaves, dishwashers and integrated coffee makers by Gaggenau
Refrigerators by Sub-Zero
Faucets by Dornbracht and other quality manufactures
Custom-designed Italian made walk-in closets
Interior doors throughout the residences are by Lualdi Porte. All doors have been customized with Valli & Valli’s Duemila Cinque series handles designed by Zaha Hadid
European Interior Illumination products by Apure Architectural Lighting and other premium manufacturers customized by German designer, Uli Petzold.
State-of-the-art home automation infrastructure by Crestron
These unique and luxurious units range from $4.95 million to $20 million and with the popularity of the luxury condo market, the inventory has become limited. 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.
Michelin-Starred Restaurant Carbone – Makes Debut in South Beach – Plans to Open Additional Eateries in Miami
One of the hottest spots in Miami right now is the Michelin-starred Carbone restaurant. With its remarkable menu, retro-style French décor, and its iconic location; Carbone has become a staple in the South Beach neighborhood in such a short time.
This Michelin-Starred restaurant is the first of many restaurants that Major Food Group plans to open. This hospitality company is ran by Mario Carbone, Rich Torrisi, and Jeff Zalaznick; whom also opened the original Carbone in New York in 2012. They are also in the process of working on restaurants in Miami’s Design District and the Brickell Neighborhood.
Located at 49 Collins Avenue, this luxurious and Ken Fulk design is truly awe-inspiring. Captains fitted in Zac Posen tuxedos guide customers through menu options and salads are prepared tableside for the full Carbone experience. The menu includes raw-bar platters featuring stone crab claws, crab knuckle sandwiches, spicy rigatoni, or veal parmigiana.
Carbone is the first piece of the expansion and the Major Food Group plans to open a private member’s club with Japanese food this spring as well as a French-style Steakhouse in Brickell in September.
Carbone remembers his first trip to South Beach for the Wine & Food Festival in 2012, “I remember vividly one of the first trips we took here together. We had an absolute blast. If you told those kids who were drunk at La Sandwicherie back then that they would be opening on First and Collins, that would have been their dream come true. That’s as good as it gets.”
The Major Group isn’t going anywhere anytime soon. Zalaznick states that “I’ve been here for the last 10 months. As I spent more and more time here, I really realized that this city is an incredible place to live and work in a full-time capacity.”
Tallest Residential Tower in Miami at 100 Stories – Waldorf Astoria Residences Miami has Officially Launched Sales
Waldorf Astoria Residences Miami has officially launched their sales center on March 23rd, 2021. Located at 300 Biscayne Boulevard, Waldorf Astoria is planned to be the tallest residential tower in Miami at 100 stories and will be the tallest tower south of Manhattan.
This tower will feature 360 condo, 205 hotel rooms, and suites. Amenities include a Peacock Alley Lounge, a restaurant, indoor and outdoor event area, resort-style pool with cabanas, spa and fitness center.
Architects include Carlos Ott and Sieger Suarez, whom have created a nine offset glass cube design for the tower. The hotel is announced to be within the first 3 cubes of the tower and the rest will include the condominiums.
Developer Information:
Developers: PMG – Property Markets Group & Greybrook Realty Partners
Architect: Carlos Ott (conceptual artist) with Sieger Suarez
Tower Distribution:
3rd Level – Condominium lobby
5th level – Hotel Signature Restaurant and Peacock Alley
Level 7 to 16 – Hotel guest rooms and suites
Level 17 – Hotel function spaces, main ballroom, junior ballrooms and multi-purpose function space
Level 19 – Hotel lounge bar, meeting and boardrooms
Level 21 – Hotel pool deck with café and signature F&B
Level 23 and 24 – Spa and fitness
Level 26 to 31 – Hotel guest rooms and suites
Level 31 to 32 – Private residential amenity level; pool deck
Level 34 to 85 – Residential condominium
Level 86 to the top – Penthouse level
Pricing:
Junior Suite Residences $650,000
1 Bedroom Residences $1,000,000
2 Bedroom Residences $1,700,000
3 Bedroom residences $3,100,000
4 Bedroom Residences $4,900,000
Payment Plan:
10% deposit at contract
10% deposit in 6 months
10% deposit groundbreaking
10% deposit one year after the groundbreaking
60% deposit at closing
HOA – $0.80 per square feet
Rental terms – minimum 3 months only twice a year
Building Overview:
100 Stories
360 private residences
Studios, 1, 2, 3, and 4-bedrooms
Penthouse Collection
Building Features:
The 100-story tower located in Downtown Miami across from Biscayne Bay
Conceptually designed by world-renowned architect Carlos Ott in collaboration with Sieger Suarez Architects
360 branded luxury residences
205 hotel guestrooms and suites
Interiors created by BAMO design firm
Peacock Alley
True Waldorf Service and concierge
Unobstructed views of city and downtown skyline, Miami Beach and Atlantic Ocean
Waldorf Astoria immersive resort-style pool with outdoor café and private cabanas
Private Bar/ Wine Tasting Room
Signature Restaurant
All-Day Dining Brasserie
Pre-function and function spaces
Meeting and boardrooms
Waldorf Astoria Kids Clubs
24 hour Valet services
Sales have started and the construction completion date is set for 2025. If you or someone you know has any interest in purchasing a unit at Waldorf Astoria Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332 for more information.
Vizcaya Metrorail Station Project Begins Reviewing 7 Construction Proposals
Miami-Dade County is currently reviewing 7 construction proposals for the mixed-use project at the Vizcaya Metrorail Station. This development on 2.62 acres is set to feature condominiums, retail shops, and restaurants.
According to the South Florida Business Journal, all proposals are limited to 10 stories as well as a majority of the project must be residential units with 12.5% to be workforce housing.
Miami-Dade requested proposals in December 2020. The deadline was at the beginning of March and the current 7 proposals include those from:
Related Group: Proposing two 25-story towers. The first tower would have 391 apartments and 2,500 square feet of retail space. The second tower would be 320,000 square feet of office space. A 7-story parking garage with 638 spaces would be included. This project is above the 10-story maximum height restrictions.
Rilea Group, Axis Realty Trust, Coastal Construction and McKinney Properties: This project would be called ‘Vizcaya Park’ with two 10-story buildings connecting by a bridge. Proposal includes 288 apartments, 19,040 square feet of retail, 135 public parking spaces in underground garage, and 223 parking spaces for residences.
Adler Group & 13th Floor: This proposal includes 327 apartments with one 9 and one 10-story buildings. Improvements include those to the Underline, Metrorail station and the pedestrian bridge. This would include 309 parking spaces, with 100 for the public.
Grass River Property and Coral Rock Development Group: This project will include 292 workforce or affordable housing units and 3,000 square feet of retail in two eight-story buildings. Project includes 310-space parking garage and a community center.
Housing Trust Group: This proposal includes 209 workforce housing units, 15,000 square feet of offices, 2,600 square feet of retail, and a 126,000-square-foot parking garage in eight stories.
Mill Creek Residential: This proposal includes 392 apartments in two 10-story buildings with 8,000 square feet of retail and 620 parking spaces.
Terra Development Group: One 5-story and one 10-story with a combined 327 workforce housing units, 8,530 square feet of commercial space. Also included are 463 parking spaces with 100 for public use.
The proposals were set to be reviewed on March 19, 2021 but as of right now, no determination has been made on which proposal won.
Explore Miami’s Top Places to Live in 2021- Brickell at #1
Niche is a website dedicated to helping consumers understand neighborhoods, schools, and colleges. They utilize comprehensive data of factors like location, quality of local schools, crime rates, housing trends, and employment statistics, to create their rankings. According to Niche, these are the top places to live in Miami!
Miami’s Top 10 Places to Live:
Brickell: Offers an urban-feel with many restaurants, bars, and parks. Home to many young professionals. The public schools are ranked above average.
Pinecrest: Offers a suburban feel and a lot more residential homes. There are a lot of restaurants, coffee shops and parks. Public schools are highly ranked.
Edgewater: Offers an urban-feel with many restaurants, bars, and parks. Home to many young professionals. The public schools are ranked above average.
Coral Gables: Offers an urban-suburban mix feel. There are a lot of restaurants, coffee shops, and parks. The public schools are highly rated.
Coconut Grove: Offers an urban-suburban mix feel. There are a lot of restaurants, coffee shops, and parks. The public schools are highly rated.
Omni (also known as the Arts + Entertained District): Offers a dense urban feel. There are a lot of bars, restaurants, coffee shops, and parks. The public schools are above average.
Palmetto Bay: Offers a suburban feel with a lot of residential homes. There are also a lot of park and the schools are highly rated.
Key Biscayne: Offers an urban-feel with restaurants, coffee, and park. The public schools are highly rated.
Miami Shores: Offers a dense suburban feel and there are a lot of restaurants and parks. The public schools are above average.
Surfside: Offers residents an urban feel and there are a lot of restaurants, coffee shops, and parks. The public schools are highly rated.
Grab Something Green and Celebrate St. Patrick’s Day in Miami – 2021
St. Patrick’s Day may be a little different for many this year but there are restaurants and bars in Miami that are still celebrating. Check out the list below for drink specials, bands, and all things green!
The Taurus: Drink specials with St. Patrick’s Day-themed cocktails for $8, Guinness for $5, and Irish whiskey for $5. These specials are from 5pm until midnight.
Tobacco Road: Living Music and drink specials include $5 Green Pabst Blue Ribbon, $6 Irish coffees, $7 Irish Car Bombs and $5 Irish whiskey.
The Wharf: Tonight features live music and games! Food by Spris Artisan Pizza, La Santa Taqueria, and Mojo Donuts! Free Guinness every time you buy a shot of Jameson.
Calle 23 Miami: Beer and Irish whiskey shot specials at $10 each, Guinness for $7 and Irish Mules for $10.
Swarm in Wynwood: This festive street party is free and features live DJ, drink specials and games!
Sunset Skyline Happy Hour Cruise: Departing from Biscayne Bay, this 90 minute happy hour cruise takes you past Star Island, Hibiscus Island, Palm Island, Fischer Island plus the famous Venetian Islands, all while drinking green beer!
Block Capital Group and Kushner Companies LLC Breaks Ground on Wynwood Neighborhood Project
This project will consist of 152 apartments, 46,000 square feet of office space, 33,500 square of retail space, and 232 parking spaces with three roof decks and a large courtyard. There will be one-five and one-eight story buildings located at 129 N.W. 26th Street and 127 N.W. 27th Street, giving it the name WYND 27 and WYND 28.
According to Nicole Kushner Meye, Principal at Kushner, “This project is poised to mesh into the unparalleled Wynwood context and culture, while at the same time expand the vision and limits of this neighborhood with a tremendous addition of creative office, retail, and public space.”
There has been no reported completion date for the construction but we will update this article as the construction and time-line continues.
Subway Corporate Makes its Move to Miami
According to Restaurant Business Online; Subway, the Milford Connecticut based sandwich chain, will be relocating 10% of its operations to Miami. The new location is reported to be near Miami National Airport which also happens to be closer to home of John Chidsey, CEO of Subway, in Coral Gables.
In a statement following the company’s announcement, “A Miami presence allows us to keep our finger on the pulse of more cultural conversations and the evolving tastes of the modern consumer. With its dynamic business climate, diverse population and multicultural influences, it is the ideal place to transition some of our consumer-facing roles.”
The departments that are relocating include; marketing, culinary teams, and global transformation teams. This move will also make their U.S. and Canada based teams have stronger integration with their supply chains. Subway plans to move by the spring of 2022.
This change for Subway comes after a year of layoffs and an ‘executive overhaul,’ with a large number of store closings and buyouts.
Chidsey’s former chain, Burger King, is also located in Miami, as well as its sister company – Popeyes Louisiana Kitchen.
South Florida Welcomes the 69th Miss Universe Pageant at the Seminole Hard Rock Hotel and Casino
The last time the Miss Universe Pageant was in South Florida was 2015 at the Florida International University. This year the pageant will be held at the Seminole Hard Rock Hotel & Casino Hollywood on May 16 and we can’t wait to see what this year’s pageant has in store!
Miss Universe was last held on December 8, 2019 at the Tyler Perry Studios in Atlanta and South Africa’s Zozibini Tunzi was crowned. Because of the pandemic, the 2020 pageant was cancelled.
The President of the Miss Universe Organization, Paula Schugart, stated that the event will follow CDC guidelines and that they have spent the past year working on ways to make the pageant as safe as possible including masks mandates, Plexiglass separating contestants and judges. Schugart also stated that “Our goal is to create a safe and engaging place for users to connect over interests and passions.”
It is unclear who the host will be for the 2021 pageant. The pageant will be available for viewing on the Telemundo Network. We will continuously update this article as we learn more information on the Miss Universe Pageant 2021.
