Financing Secured and Ground Breaking Scheduled for the Village at Coral Gables
By the end of July, MG Developer is expected to break ground on the Village of Coral Gables, which will include a mix of for-sale villas, townhomes, lofts, and flats. MG Developer has also obtained a $67.5 million construction loan. The Miami-based developer, headed by CEO Alirio Torrealba, received the loan from Churchill Real Estate.
The Village at Coral Gables is situated at 535 Santander Avenue and spread across 17 lots, bounded by Malaga Avenue, Santander Avenue, Segovia Street, and Hernando Street.
The new images offer a sneak peek at a few of the excellent features that will honor the city’s legacy while providing for contemporary opulent conveniences. The large wellness clubhouse exudes a modern and tropical environment. It was created in the manner of the Mediterranean revival, and its color palette combines natural tones with lush green flora and subtle gold décor accents.
The exquisitely designed amenity spaces raise the bar for contemporary living in historic Coral Gables and were curated by MG Development in association with renowned architect De La Guardia Victoria Architects & Urbanists. Some amenities include like high-speed wi-fi and a large monitor screen to host virtual meetings and more. They also include a fitness wing, a luxurious plunge pool, a library, and a conference center.
The carefully chosen interiors draw inspiration from Seville, Spain’s visual appeal and way of life, MG Developer sought to carry on George Merrick’s legacy. The boutique 48-home private enclave will honor Merrick’s tradition and history in a timeless yet contemporary manner.
A full block of courtyards will be incorporated into The Village at Coral Gables, which will be surrounded by gardens with alcoves modeled after those in the Plaza de Espaa. Fifty percent of the site is anticipated to be covered with lush vegetation and hidden parking garages with decorative elements that go well with the Coral Gables neighborhood.
Townhomes, Lofts, Villas, and Flats are the four main groupings offered at The Village at Coral Gables. The style and size of the residences will vary, ranging from elegant flats with two bedrooms, a study, and a balcony to attractive townhomes with four bedrooms that are between 1,750 and 3,100 square feet in size.
Construction is expected to be completed by 2024. If you or someone you know have an interest in purchasing at the Village of Coral Gables, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
New Residential Project Approved in Miami Beach- 72 Park
72 Park, a condominium tower approved for short-term rentals that will be built in Miami Beach, has been announced by the NYC and Miami-based development company Lefferts. This will be the first new luxury tower on Miami Beach to allow vacation or short-term rentals when it is finished in early 2024.
The project will include 206 units with sizes ranging from 470 to 1,177 square feet and prices beginning in the $700,000s. In late July, 72 Park’s topping-off ceremony is anticipated to take place.
The stunning 22-story project by national architecture firm Built Form is situated at 580 72nd Street in Miami Beach. When finished, the opulent tower will provide residents with breathtaking 360-degree views of everything from Downtown Miami to the Intracoastal Waterway.
The LEED Gold-certified condominium tower features Jr., one-, two-, and three-bedroom units with spacious floor plans, high ceilings, deep balconies, Italian cabinetry, imported stone, and energy-efficient appliances. Urban Robots Associates designed the interiors and landscapes. Floor to ceiling, impact-resistant glass, keyless entry with SALTO and smart access controls, individually controlled central AC and heating systems, and high-end bathroom fixtures, hardware, and accessories will all be included in the fully furnished offerings for each unit. Five high-speed passenger elevators with access control and high-speed, fiber-optic Wi-Fi are examples of advanced smart building features.
Additionally, the building offers 64,000 square feet of amenities to its residents, including a large 35,000-square-foot amenity deck with nearly an acre of lush, tropical landscaping, a 150-foot-long resort-style pool with cabanas, a bar and lounge with indoor and outdoor seating, a state-of-the-art fitness center with yoga lounge, a 24/7 coworking lounge with private “pods,” a kids playroom, and a private outdoor barbecue area.
A double-height lobby with wraparound floor to ceiling windows displays 8,500 square feet of excellent ground-level retail space, including the upcoming Roberta’s restaurant and pizzeria by two-Michelin-starred chef Carlo Mirarchi.
72 Park is situated in a park, close to the Miami Beach Tennis Academy, North Shore Park, a vast indoor and outdoor sports and recreation complex with 12 tennis courts, pickleball courts, and two baseball diamonds, the Miami Beach Bandshell outdoor amphitheater, a historic cultural center, Normandy Shores Golf Club, and the new Miami Beach Aquatic Center and Park, which will house an Olympic-size pool, a community library, and a community center. Residents are offered beach service, which includes transportation and free use of recreational tools including Boogie Boards, paddleboards, bikes, and more.
Lefferts’ long-term commitment to reviving this Miami Beach neighborhood and ushering in a new age of investment and growth for one of the most sought-after coastal communities includes four residential complexes, including the project at 72 Park.
10-Story Boutique Hotel in Miami Beach Launches Sales
Constellation Group, The Boschetti Group, and Vietmar; three Miami-based real estate development companies, have formally begun taking reservations for the 10-story boutique condominium Ella Miami Beach, located at 6940 Abbott Avenue in the center of Miami Beach.
The 95 units will include studios to two-bedroom floor plans and will range from 434 to 1,076 square feet in size. Prices will start in the upper $400,000s, which is an appealing entry price for a new-build property in Miami Beach, where new construction pricing generally begins at about $1 million.
Offering the best luxuries of Miami Beach living, Ella Miami Beach is replete with a sophisticated design and indulging amenities, and is situated within walking distance to the beach, popular restaurants, boutique shops, and a myriad of entertainment venues.
The award-winning international architectural firm Arquitectonica is creating the Ella Miami Beach, a building with sweeping rooftop views that stretch from the city on one side to the ocean on the other, with inspiration from Miami Beach’s Art Deco era.
Each unit has spacious terraces and is designed for seamless indoor/outdoor living and entertaining, with select residences giving breathtaking views of Biscayne Bay, the Atlantic Ocean, and the Miami skyline. Each property will be delivered with roughly 9-foot-high ceilings throughout, modern ItalKraft kitchens with stone worktops and JennAir equipment, as well as designer closets with European influences. These features highlight the project’s flair and sophistication. Exclusive bespoke Interiors by Steven G packages are available to buy for a totally turn-key living experience.
A suite of amenities, such as a rooftop pool and fitness center with limitless views of Biscayne Bay and Miami, a paddle/pickleball court overlooking the Atlantic Ocean, a residents’ lounge, a summer kitchen with an outdoor dining area, and an observation deck and lounge, are among the many distinctive features that enhance the experience of being an owner at Ella Miami Beach. A cold plunge, sauna, and an outdoor yoga and meditation terrace are among its wellness features. Other amenities include coworking space, free beach chairs, bike and beach equipment storage, and more.
Ella Miami Beach’s Sales Gallery is located at 6897 Collins Avenue in Miami Beach. The new building is anticipated to begin construction in the first quarter of 2024 and be finished in 2026.
If you or someone you know have an interest in purchasing at Ella Miami Beach, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Construction Update for 1775 Biscayne Boulevard in Edgewater
The Regulatory and Economic Resources Department of Miami-Dade has received plans for stormwater improvements at an Edgewater development site at 1775 Biscayne Boulevard.
In a letter included with the submission, Langan Engineering and Environmental Services stated that it had been hired to handle the permit processing for the project’s proposed drainage improvements. Another permit for a fence was submitted this month as well.
The proposed development will include a 42-story skyscraper with a parking garage, amenities, residential, and retail space.
The proposed project includes studios to two-bedroom units all equipped with stainless steel appliances, washers and dryers, and quartz countertops.
Amenities:
600 space garage
WiFi throughout the building
Gym
Rooftop pool deck
Outdoor patio
Grilling space
Tenant lounges
Co-working spaces
Conference spaces
Package retrieval services
14,000 square feet of ground-floor shops
The Silvermans initially planned a 53-story mixed-use skyscraper on the site with 444 residential units, 200 hotel keys, 45,600 square feet of commercial space, 64,500 square feet of office space, and a 546-parking garage through their V Downtown subsidiary. A Miami board approved the necessary exemptions for the construction in 2017, but the project was never completed.
Construction is anticipated to begin in early 2024 with completion in 2026.
Federal Aviation Administration Approves Brickell Key Project
According to developer Swire Properties, the Federal Aviation Administration has approved two towers on Brickell Key, One Island Drive. Tower 1 will rise 1,044 feet tall while Tower 2 will rise 691 feet.
One Island Drive will be a tranquil haven with two magnificent buildings, situated at the southernmost tip of Brickell Key, the private island community that Swire Properties has been building for more than 40 years. The luxurious collection of 220 two- to four-bedroom private homes with expansive floorplans of up to 4,700 square feet and two prestigious duplex penthouses at the top of the building, each spanning over 6,000 square feet, will be found in the first tower, known as “The Residences at Mandarin Oriental, Miami,” which rises to a height of over 800 feet. The second tower will rise 400 feet tall and will feature 151 rooms with the famous North American Mandarin Oriental Hotel in addition to 61 private Residences and 28 hotel Residences.
Residence Features
Panoramic views of Biscayne Bay
Resort-style podium
100,000 square feet of amenities
Multi-tiered landscaped infinity pools
Private cabanas
Work lounges
Private dining room
Chef kitchens
Top-notch restaurants
Signature spa
Cutting-edge health and wealth facilities
An award-winning international design team, each at the top of their respective industries, will work together to create One Island Drive, a landmark of understated elegance on the waterfront. The bold exterior design by Kohn Pederson Fox Associates (KPF) will redefine the skyline; the interiors of The Residences by Parisian designer Tristan Auer; the interiors of the hotel by AD 100 and Elle Décor A-List Parisian designer Laura Gonzalez; and the landscape architecture by renowned Thai firm Shma. For Auer, Gonzalez, and Shma, this is their first commission for new development in the country.
One Island Drive will be the first residential building to be constructed on Brickell Key in the last 15 years. Pricing will begin at $3,500,000 when sales begin in the latter half of 2023.
If you or someone you know have an interest in purchasing at One Island Drive, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
42 Pine Tops Off Construction in Miami Beach
42 Pine, the much-awaited boutique residential building at the intersection of famous Pine Tree Drive and 42nd Street, has reached a significant milestone on the road to completion, which is scheduled in the first quarter of 2024.
The eight-story structure will be a landmark for the neighborhood and exhibit classic sophistication. Last year, BridgeCity Capital provided the project with $35.5 million in finance, allowing construction to start. With prices ranging from $700,000 to $3,000,000, there are only a few houses left.
CEO of BridgeCity Capital Allan Lebovits, “The pace of construction is impressive, and we are proud to be involved in a project that brings a new level of luxury to the area. This is a unique opportunity in a highly coveted pocket of Miami Beach, and the sales velocity to date is a testament to the strong demand for new luxury residences.”
50 turnkey units with one to four bedrooms and eight penthouses are available at the first full-service boutique condominium in the neighborhood. Each residence has been painstakingly designed to offer a unique lifestyle based on convenience and community. Each tastefully presented home, ranging in size from 700 square feet to 2,700 square feet for combined units, is delivered fully furnished and ready to occupy. The interiors were designed by Arquitectonica to make the most of available space and foster a sense of connection with the outside. Private terraces with glass railings offer a seamless indoor/outdoor living experience, while expansive floor-to-ceiling windows and doors let in an abundance of natural light.
Amenities
Amenity deck
52-foot pool
Relaxation spa
Cabanas
Poolside service
Yoga
Meditation lawn
State-of-the-art fitness center
Club
Game room
Media lounge
Large outdoor terrace
Children’s playroom
At 340 W. 42nd Street, in one of Miami Beach’s most coveted residential areas, residents may enjoy easy access to the ocean, top-rated schools, excellent restaurants, places of worship, and boutique shopping experiences.
If you or someone you know have an interest in purchasing at 42 Pine, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Related Group Secures 18,000 Square Foot Lot in Edgewater for Development
Leading developer Related Group has purchased an 18,000-square-foot land piece in Edgewater, Miami, consisting of three adjacent sites in collaboration with Alex Karakhanian of LNDMRK.
The homes, which are located at 519, 525, and 535 Northeast 29th Street, are in a prime location and provide breathtaking views of Biscayne Bay as well as easy access to the MacArthur Bridge, which connects Edgewater to Miami Beach, and the I-195, which offers a direct route to Fort Lauderdale and Palm Beach. The majority of the undeveloped plot cost $12 million to buy.
According to the President of Related, Nick Perez, “Related identified the growth potential of Edgewater years ago, when we delivered the transformational, four-tower Paraiso Bay community along with Edgewater’s first five-star waterfront restaurant, Amara at Paraiso.
Edgewater offers it all- prime waterfront views, world-class culinary offerings, and easy access to other key hubs, from the Design District to Miami Beach. This newest acquisition is another step forward in our efforts to solidify the area as a true hot spot.”
The site’s particular development plans are still a secret. The land, according to public records, is designated T6-36-A, which allows for the building of up to 36 floors and 150 units per acre. About 60 units might be created within the permitted parameters without the need for further bonuses.
Joel Rodriguez and Alex Suarez of Global Investment Realty served as the deal’s brokers, and PPD Edgewater LLC, run by Esteban Koffsman, was the seller. A well-known real estate firm called LNDMRK Development focuses on finding, acquiring, and building commercial, residential, and mixed-use developments all across the Southeastern United States. Along with The Dorsey and Nomad Residences Wynwood, both of which are in Wynwood, Related and LNDMRK are actively looking for more joint venture options throughout South Florida.
Groundbreaking Scheduled for 2200 Brickell
Ortega Construction Company has been chosen as the general contractor for 2200 Brickell, a new residential complex in Miami’s Brickell district by Aria complex Group, Largo, and Place Projects. This five-story boutique building with 105 homes will be built by Ortega Construction Company, known for its outstanding reputation in the industry. 2200 Brickell, designed by Revuelta Architecture International with interiors by ODA, is positioned to make a distinctive contribution to the burgeoning real estate market in the area.
2200 Brickell aspires to satisfy the desire for a great living environment and has been dubbed an urban sanctuary that smoothly combines city life with a paradise-like setting. The project’s distinctive blend of hospitable workspaces, active residential lifestyles, and family-friendly living, according to Largo founder Nick Werner, sets it different from other developments in Brickell. Ortega Construction was chosen as a partner in the development of 2200 Brickell because of their vast industry knowledge and capacity to complete high-quality projects on schedule.
An award-winning general contractor with its headquarters in Miami, Ortega Construction Company is renowned for its outstanding work on projects including The Fairchild, First Street, Grand Station Tower, and Grove Station Tower. The team for 2200 Brickell is dedicated to completely comprehending the project’s logistics, the local area, and the traffic patterns on Brickell Avenue while development is taking place. To create a superb end result that homeowners can enjoy for generations, attention to detail and a focus on quality will be prioritized throughout the construction process, with special emphasis on the rooftop amenity deck.
The collaboration with Aria Development, Largo, and Place Projects on 2200 Brickell excites Michael Ortega, President & CEO of Ortega Construction Company. The project stands out as a special offering in South Florida due to its amazing location, outstanding amenities, and overall design.
The condos at 2200 Brickell, which are situated on Brickell’s storied Millionaire’s Row, were painstakingly created to improve the quality of life for inhabitants by fusing organic and geometric design features. The building has garden villas and condominiums with two, three, and four bedrooms that range in size from 1,200 to 2,100 square feet.
Building Amenities:
One-acre rooftop sanctuary
Resort-style pool
Outdoor spa
Pool-side cabanas
Pickleball court
Summer kitchen
Outdoor fitness area designed by Homage Fitness
Children’s play area designed by Silver Hill Arts
Quarter-mile walking track
Bicycle storage
Custom children’s playroom by Silver Hill Arts
State-of-the-art indoor fitness center by Homage Fitness
Wellness lounge with a treatment room and sauna
Work-from-home suites with conference room
Resident lounge
Entertaining space
Luxer One automated parcel storage with a contactless digital package developer system
Double-height 24-hour attended lobby
Above ground park with direct residence access
On-site valet parking
Electric vehicle charging stations
The 2200 Brickell project is scheduled to begin construction in the fourth quarter of 2023, and residences there start at $1.2 million.
If you or someone you know have an interest in purchasing at 2200 Brickell, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
St. Regis Residences Miami Construction Update
Related Group and Integra Investments have just submitted an application for a total demolition permit at the location of the St. Regis Residences Miami located in Brickell and as well as new designs for the elevation of the tower.
According to the filing, a total of 211,121 square feet will be completely destroyed at an estimated cost of $1,127,000.
The demolition contractor is named The BG Group LLC. According to county records, a 17-story structure constructed in 1966 now stands on the location. The Urban Development Review Board is expected to meet next week to discuss the changes on June 21, 2023.
St. Regis Residences Miami is planned to rise 48 stories or 639 feet and will include 391 parking spaces as well as 152 residential units.
Robert A.M. Stern Architects is creating the project with a nautical concept. CFE is the architect of the records.
The Residences
Private elevator and entry foyer to each residence
Double-door entry in select residences
11-foot ceilings with integrated linear diffusers in living areas
Custom European marble flooring throughout
European solid wood doorways
All homes feature a powder room and laundry room
Integrated smart home technology
Kitchens
Gourmet kitchen with custom Italian cabinetry designed by Rockwell Group
Marble countertops and backsplashes
Fully integrated Sub-Zero and Wolf appliance packages, including:
Paneled refrigerator
Paneled freezer
Full-height wine refrigerator
Convection oven
Steam oven
Microwave
Dornbracht fixtures
Primary Suites and Bathrooms
Oversized walk-in closets
Midnight Bar and Butler’s Pantry
Split marble top vanities with Dornbracht fixtures
Oversized marble showers and free-standing bathtubs
Private water closets with Toto toilets
St Regis Residences Miami Amenities
40,000 square feet of amenity space
On-premises ground floor, fine dining restaurant
Exclusive beach club access
Park-like grounds and lush terraces
State-of-the-art media room
Business center with coffee bar and conference rooms
Children’s entertainment room
Teen video game lounge
Programmable golf simulator
Salon equipped for all beauty services
Pet spa, grooming, and dog walking services
Private, secure climate-controlled storage
Private marina
Fully equipped fitness center
Relaxation and juice bar
Indoor lap pool and cold plunge pool
Pilates and yoga studio
Salt spa room
Dual saunas and steam rooms
State-of-the-art treatment room
Bayfront infinity pool and whirlpool with private cabanas
Poolside bar and cafe
Bayfront garden with seating area
St. Regis Butler service and in-room dining
St. Regis housekeeping services
St. Regis global membership privileges
31st Floor Sky Lounge
Double-height bar and lounge with water views
Signature St. Regis Cognac Room
Traditional St. Regis Tea Room
Billiards room
Catering Kitchen
Technologies
Keyless residential entry
Smart home climate and lighting control systems
State-of-the-art fiber optic WI-FI service throughout residences and amenities
Easy to use St. Regis residents-only app
If you or someone you know have an interest in purchasing at the St. Regis Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
