Miami Freedom Park Construction Update

Miami Freedom Park
Miami Freedom Park

The location where Inter Miami’s stadium is slated to be built has officially received site work permits from Miami’s Building Department.

In the most recent few weeks, two different permissions were issued. The first one was released on July 14th. It is for work that is categorized under excavation/piles/site and soil enhancement and is expected to be worth $30,759,715.

The second permit, which is listed as excavation/piles/site and soil enhancement category and for a different address, was issued on July 25th and is estimated to be worth $5,240,284.

According to records, the property’s tree and demolition permits are still being reviewed and have not yet been given.

The contractor for Miami Freedom Park is listed as Downrite Engineering. Jorge Mas, the managing owner of Inter Miami, stated in June that the start of construction was anticipated “any day now,” and that it would take a few weeks.

Last year, the Miami City Commission approved a 99-year lease agreement with Inter Miami CF. On September 13, the Miami City Commission authorized zoning that would allow for the development of a 25,000-seat soccer stadium, a 750-room hotel, a 58-acre park, and a 1 million square foot commercial complex with retail, offices, and entertainment on 130 acres of land at Melreese Country Club.

The new stadium’s opening is planned for the summer or early fall of 2025, according to Mas.

Miami Freedom Park Aerial View

Pre-Construction Sales for The Avenue Hotel & Residences Coral Gables Reach 65% Sold

The Avenue Residences and Hotel
The Avenue Residences and Hotel

The Avenue Hotel & Residences Coral Gables, a boutique tower with a neo-classical design on San Lorenzo Avenue in Coral Gables, has reached 65% sold during pre-construction.

The Avenue Coral Gables Hotel & Residences is being constructed at 351 San Lorenzo Avenue by Roger Development Group, a family-run, fully integrated real estate development and management firm with its headquarters in Coral Gables.

This development will rise eight stories and will feature a collection of 48 residences with one to two-bedroom layouts outfitted with modern Italian kitchens and bathrooms. Designed by Bermello Ajamil & Partners with fully-furnished interiors by renowned interior designer Adriana Hoyos Design Studio, best known for world-class tropical luxury-inspired interiors. Starting at 598 to 1,200 square feet, the homes are spacious. 3,861 square feet of upscale retail space on the ground floor round out the building.

Amenities:

  • Front desk reception
  • Hotel services
  • Valet parking
  • Newspaper and package delivery
  • Outdoor hammock garden
  • Resort-style pool deck on level 9
  • Summer kitchen
  • Family dining area

Prices range from $730,000 to over $1.3 million, and construction is expected to be finished in early 2025, with construction set to begin in the fall of 2023.

If you or someone you know have an interest in purchasing one of the units at The Avenue Hotel and Residences Coral Gables, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Cipriani Residences Miami Sells its $16.2 Million Penthouse

Cipriani Residences Miami
Cipriani Residences Miami

Mast Capital, Developer for Cipriani Residences Miami sells a penthouse just weeks after the collection was introduced to the public.

Mast claimed that the asking price for Penthouse 1 was a record-breaking $16.2 million, or $3,333 per square foot.

Four bedrooms, five and a half bathrooms, 4,888 square feet of interior space, and 4,333 square feet of outdoor terrace space—a total of 9,221 square feet—will be found in Penthouse 1. A summer kitchen and private pool with an infinity edge will be part of the outside area.

The Canaletto Collection is located on the top 18 stories of Cipriani and has 68 residences and six penthouses with improvements, making it the “highest level of luxury in Brickell,” in the words of the developer.

Penthouses in the Canaletto Collection start at $9.5 million, with pricing starting at $3.65 million.

Residence Features

• Generous living areas with ceiling heights of 10 feet
• Floor-to-ceiling sliding glass doors and windows with magnificent panoramic views
• Terrace access from the living room and primary bedroom of every residence
• Gracious walk-in wardrobes in every primary bedroom
• An exquisite selection of flooring options included
• Direct elevator entry for select residences
• Eat-in, open kitchen with custom Italian cabinetry inspired by Cipriani’s renowned style
• Top-of-the-line appliances from Wolf Sub-Zero, including
cooktop, integrated refrigerator, freezer, wine cooler, and dishwasher
• Primary bathrooms with grand, stand-alone bathtubs and glass-enclosed showers; vanities with premium Italian cabinetry, imported stone tops, and back-lit mirrors; separate room with water closet
• Spacious laundry rooms with full-size washing machines and dryers, with a utility sink in most residences
• Individually controlled, high-efficiency central air conditioning and heating systems, with linear diffusers in main areas to ensure seamless integration
• Innovative smart technology infrastructure that enables home automation
• Intelligent interface system for essential building services such as concierge, valet, and security

Cipriani has disclosed that the residential tower would have sophisticated, resort-style amenities for its inhabitants, as well as traditional design features popular at Cipriani restaurants worldwide.

Tower Amenities

• Exclusive private entrance with lush landscaping and elegant porte-cochère
• Dramatic lobby leading to two banks of high-speed, touchless elevators
• Signature private dining experiences by Cipriani
• In-home dining and 24-hour catering services by Cipriani, exclusive to residents
• Private dining rooms available for reservation, catered by Cipriani
• Elevated resort deck with two swimming pools, a blissful outdoor spa, poolside cabanas, and a beautifully landscaped sun terrace
• Poolside food and beverage services catered by Cipriani
• Holistic spa with sauna and treatment rooms
• Luxurious residents’ lounge for special events and intimate gatherings
• State-of-the-art fitness center
• Golf simulator
• Pickleball court
• Private salon available to be reserved for personal beauty services
• Screening room with cutting-edge audiovisual equipment
• Serene and spacious residents’ library
• Engaging children’s playroom
• Elevated four-level wellness center and lounge overlooking the Brickell skyline
• Pet-friendly community with a dog park
• High-speed internet access across all public areas
• Electric vehicle charging stations available
• Air-conditioned storage rooms

The target completion date is in 2026. If you or someone you know have an interest in purchasing at Cipriani Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Shore Club Private Collection Secures $430 Million Construction Loan

Shore Club Private Collection South Beach
Shore Club Private Collection South Beach

Shore Club Private Collection, which is expected to be one of the fastest-selling luxury complexes in Miami Beach history, has closed on a $430 million construction financing from Witkoff Group, a Miami-based development and investment company, and Monroe Capital, a renowned asset management company.

The loan, which was provided by J.P. Morgan, is thought to be the biggest ever for a South Florida residential building project. Since its late January debut, sales have surpassed $550 million, and two-thirds of the inventory has been sold. As a result, Shore Club is prepared to start building later this year, with a 2026 completion date anticipated.

Shore Club Private Collection will house 49 houses created by the renowned New York-based firm Robert A.M. Stern Architects, building on the rich legacy of Miami Beach’s Art Deco and contemporary design style while also fostering a seamless link to its landmark site. Some of New York City’s most well-known structures were designed by this architect, including 15 Central Park West and 220 Central Park South. The three acres of coastal land where Shore Club will be located will have magnificent botanical gardens created by renowned landscape designer Nathan Browning of Island Planning Corporation.

The development, which features a brand-new structure from the ground up, The Tower, a recently renovated Art Deco structure that was first finished in 1939, The Cromwell House, and The Beach House, a distinctive single-family beach house, is Robert A.M. Stern’s first residential oceanfront project. In order to offer a product that is unique to the Miami market, each component was designed to maximize views and light in conjunction with the curve of each property. The interiors expand on this concept by drawing design cues from yachts as well as the patterns and motion of the waves and sand along Miami’s shoreline. On the architecture, RAMSA worked with Miami-based Kobi Karp Architecture & Interior Design.

The 20-story Tower offers two- to six-bedroom homes with floor-to-ceiling windows, artistically curving balconies, and sizes ranging from 1,900 to more than 10,000 square feet. The Tower offers breathtaking views of the Atlantic Ocean and sunsets, along with private and semi-private elevators and private terraces. The eight-story ancient Cromwell House will be renovated into four opulent homes, three of which will be duplexes, along with a penthouse. These four and five-bedroom residences will have a spacious full-floor penthouse as well as two-story great areas with spectacular double-height ceilings. The Beach House, which will measure 6,000 square feet with three outdoor spaces totaling more than 2,180 square feet, will be the sole private residence on Miami Beach’s oceanfront.

Together with Auberge Resorts Collection, we have a shared vision for reinventing the Shore Club Private Collection. Even though they are part of a five-star resort, the homes will offer solitude and seclusion while being maintained by Auberge. A discrete porte cochere entrance, three distinct swimming pools, including a private residential pool, a 75-foot lap pool, a leisure pool, a state-of-the-art fitness facility, a library, a lounge, and other amenities are among the unique services and amenities available to residents.

In addition to access to the world-class spa, concierge services, housekeeping, beach club, and culinary experiences, such as in-residence dining, house sommelier services, a signature restaurant, poolside café and bar with dedicated cabana service, double-height café and bar leading to an outdoor lounge, and more, Auberge Resorts Collection’s one-of-a-kind reputation for intimate tailored service will also extend to the residences with a variety of in-home offerings.

The starting price for Shore Club Private Collection is $6 million.

Shore Club Private Collection Beach View

SoLé Mia Development Adds Reserve Padel to its Luxury Amenities List

Reserve Padel at SoLé Mia
Reserve Padel at SoLé Mia

The 184-acre master-planned North Miami community of SoLé Mia, developed by LeFrak and Turnberry, and Reserve, the top lifestyle padel brand founded by businessman Wayne Boich, announced the anticipated addition of Reserve Padel club to the growing development project. The club is scheduled to open in the fall of 2024.

Reserve Padel at SoLé Mia will be a premier, two-story padel club with four indoor and six outdoor padel courts, two pickleball courts, elevated viewing areas and social spaces, and a second-floor state-of-the-art gym and wellness center with a cold plunge, steam room, and sauna. The venue will also include a Pura Vida restaurant on-site, which serves up a full menu of organic juices and healthy food alternatives for visitors and has a large terrace with views of the main court.

The public will be able to use Reserve Padel at SoLé Mia once a special membership component has been introduced. This component will grant members access to special events, priority court bookings, and the second-floor health & wellness facilities, among other benefits. The club will also hold two distinct pickleball courts and offer unique competitions, events, exhibitions, corporate outings, clinics for all skill levels, and kid-focused programming.

The addition of Reserve Padel at SoLé Mia will enhance the quality of life in the master-planned community, a thriving urban oasis, and one of the most sought-after new neighborhoods in Miami. With expansive, resort-inspired amenities like a seven-acre, swimmable freshwater lagoon, eight miles of jogging and biking pathways, and 37 acres of manicured open space, the community is oriented on wellness. More than a thousand people currently call SoLé Mia home. When finished, it will have 4,390 homes, 1.5 million square feet of commercial space, the largest world-class outpatient medical facility in the University of Miami Medical Center, UHealth, a charter school, and more. SoLé Mia combines the best of luxury living in a natural setting with recreational amenities.

Summit Brickell Proposed in Brickell Miami

Summit Brickell Proposed
Summit Brickell Proposed

In the Brickell district of Miami, Lore Development Group has submitted designs for, Summit Brickell, a mixed-use development at 1015 Southwest 1st Avenue.

The 69-story tower would be built on a 22,712-square-foot plot of land that is near the Brickell Metromover Station, on the southeast corner of SW 1st Avenue and SW 10th Street. The almost 843-foot-tall building, designed by Corwil Architects, would have an interior area of 875,525 square feet, including 500 residential units, 2,174 square feet of ground-floor retail space, and an integrated 11-story garage with 480 parking spaces.

Renderings of a modern, elegant tower with rounded corners and dynamic moving volumes have just been unveiled. This tower is intended to easily blend into the surrounding urban landscape. The tower’s use of continuous balconies, which gracefully round the building and provide future occupants with spectacular panoramic metropolitan views, is a standout feature. With an approximate height of 843 feet, the tower dominates the Brickell skyline and dwarfs nearby buildings in size. The height between the mechanical level and elevator bulkhead and the rooftop is around 825 feet.

The property has a gross area of 1.011 acres, or 44,020 square feet, and a net area of 0.520 acres, or 22,712 square feet, according to the registration paperwork. The property was purchased for $35 million by Lore Development Group, a partnership between Leste Group and the Brazilian real estate company Opportunity Fundo de Investimento Imobiliário. It consists of several properties, including 74, 78, 84, and 88 SW 10th Streets, 1013, 1015, and 1021 SW 1st Avenues.

The property is expected to offer a range of unit sizes, from 496 to 1,436 square feet, including studios, one-bedroom, two-bedroom, and three-bedroom floorplans. It is anticipated that the flats will be offered for rent given their size. Residents will have access to additional recreational areas thanks to the facilities, which will be housed on the 13th and 69th floors and include a rooftop pool deck.

Due to the fact that this is the pre-application stage, detailed information regarding the material board is not available. However, it may be assumed from the elevation diagrams that the balconies will include wrap-around glass railings, acting as both decorative and utilitarian elements that emphasize the towers’ elevations. Floor-to-ceiling glass panels with aluminum frames are anticipated for the windows, and gray stucco is probably what will be used to complete the external walls. A metal mesh screen is planned to cover the garage, adding a distinctive visual aspect. Additionally, it is planned to add glass panels to the towers’ crowns to further improve the development’s aesthetic appeal.

According to reports, construction on the project will begin in June 2024 and finish in the summer of 2027.

Summit Brickell

Hakimian South Tower Proposed in Downtown Miami

Hakimian South Tower
Hakimian South Tower

A 42-story residential tower with a central location in Downtown Miami has just had its plans submitted to the city’s Urban Development Review Board. Rising 42 floors or 467 feet tall, the Hakimian South Tower is planned to have the following features:

  • 631 residential units
  • 3,140 square feet of commercial space
  • 469 parking spaces on 8 levels

The submittal did not include any plans for the north tower. A property to the north of it is designated for potential development. A 30% parking reduction is among the seven coning waivers that are being asked for.

The architect is Corwil Architects with the developer listed as 16th Street Partners, LLC. The next hearing is scheduled for the Urban Development Review Board on July 19th.

Hakimian South Tower Aerial Rendering

501 First Construction Update

501 FIRST Residences Miami preconstruction
501 FIRST Residences Miami preconstruction

A new image of 501 First Residences has revealed the completion of the foundation pour. Usually, vertical construction starts after the foundation has been laid.

This new 40-story tower with 448, will be developed by Aria Development Group and designed by Revuelta Architecture International, who also designed Wind and 900 Biscayne. 501 First Residences will be located at 501 Northeast 1st Avenue with views of downtown Miami and Biscayne Bay.

According to the Aria Development group, this particular development will be built to cater to the short-term rental market. The biggest perk is that there will be no rental restrictions. This means the resident can utilize any consumer platform (Vrbo, Expedia, Airbnb, etc.) to rent and each unit can be rented for 1 day or more.

The renderings reveal floor-to-ceiling windows and expansive balconies. The sleek structure is curved creating a horizontal and vertical grid-like design. The exact height of the development hasn’t been released but we can expect the 40-story high structure to be over 450 feet in height.

To provide shade and a usable pedestrian space, the ground floor is being planned with broad pathways and vegetation.

On the property, demolition has already finished.

Although 501 First Residences is sold out, if you or someone you know has an interest in purchasing in downtown Miami, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.

Former NFL Player Proposes 15-Tower Mixed-Use Project in North Miami Beach

Prestige Boardwalk North Miami Beach
Prestige Boardwalk North Miami Beach

A company headed by former NFL player and Pro Bowler Elvis Dumervil, now a real estate developer, plans to transform a dilapidated apartment building in North Miami Beach into a 15-story mixed-use development.

The city’s Planning and Zoning Board will discuss proposals for Prestige Boardwalk on the 2.28-acre site at 16651 N.E. 18th Ave. in a town meeting today. The existing 94 flats on the property were constructed between 1957 and 1961.

In 2018, Prestige Boardwalk LLC, run by Dumervil of Prestige Estates in North Miami, paid $9.5 million for the property.

The current apartment building would be replaced with two buildings housing 409 units, 11,151 square feet of retail space, and a 642-space parking garage with 126 spots designated for electric vehicle charging. Additionally, there would be pedestrian bridges connecting the two buildings on the second and eighth levels, as well as a pool/amenity deck on the eighth floor. A boardwalk would run beside the Snake Creek Canal.

Between 578 to 1,316 square feet would be available in each unit. There would be 57 three-bedroom units, 34 studio apartments, 167 one-bedroom apartments, and 151 two-bedroom flats.

The Miami-based Zyscovich Architects firm created Prestige Boardwalk.

Dumervil founded Prestige Estates following a successful NFL career. He was a linebacker who participated in five Pro Bowls while playing for the San Francisco 49ers, Baltimore Ravens, and Denver Broncos. The North Miami neighborhood where Dumervil grew up has seen hundreds of flats purchased by Prestige Estates.