Under the leadership of Allen and Spencer Morris, the Allen Morris Company has received commission approval for an exciting new project: Ponce Park Residences. This luxury condo development is set to become a significant addition to the heart of Coral Gables. Situated at the prestigious intersection of Ponce De Leon Boulevard and University Drive, Ponce Park Residences is poised to become an iconic building in “The City Beautiful.”
On May 21, the Coral Gables commission unanimously voted 5-0 in favor of Ponce Park Residences. Designed by the esteemed architect John Cunningham, the project pays homage to the Mediterranean influences that define Coral Gables. Cunningham, renowned for his design of the timeless Alhambra Towers—another landmark owned and developed by The Allen Morris Company—brings his expertise to create a structure that blends seamlessly into a new city park. The project also features landscape design by Naturalficial, enhancing its aesthetic appeal.
Ponce Park Residences will feature approximately 20,000 square feet of retail and restaurant space, including two world-renowned restaurants and a top-tier wellness spa. The tower will house 57 ultra-luxury condo units designed by Meyer Davis. Each unit will boast the finest Italian kitchens and countertops, 12-foot deep balconies equipped with summer kitchens, and clear ceiling heights of 11 to 12 feet. The rooftop deck will offer 30,000 square feet of amenities, including multiple pools, a cold plunge, a hot tub, and a fully staffed private rooftop bar with stunning views of South Gables and Biscayne Bay.
Residents will enjoy a boutique urban lifestyle with access to over 100 shops and restaurants located at the $1 billion mixed-use development, The Plaza Coral Gables, directly across the street. Additionally, the Miracle Mile corridor, known for its vibrant shopping and dining options, is just a short walk away.
The Allen Morris Company is committed to enhancing the community. They will contribute $2 million in public improvements and take on the responsibility for the redesign of Ponce Circle Park, the city’s central park. The total investment in park improvements will exceed $9 million, ensuring a beautiful and functional space for all residents to enjoy.
Sales for Ponce Park Residences are set to launch in the summer of 2024.
Swire Properties Unveils $100 Million Duplex Penthouse at The Residences at Mandarin Oriental
The latest addition to Miami’s upscale real estate scene is Mandarin Oriental, which, in collaboration with Swire Properties, has launched sales for The Residences at Mandarin Oriental, Miami. This development features 228 luxury branded residences within an 800-foot tower on Brickell Key, just moments away from Miami’s bustling center.
These residences are just a part of the brand’s grand vision to transform this secluded island sanctuary into an unmatched residential and hospitality destination. The South Tower will house The Residences at Mandarin Oriental, Miami, while the North Tower is set to become the new North American flagship Mandarin Oriental hotel, connected by a beautifully landscaped podium.
Among the first properties available is the development’s $100 million duplex penthouse. The penthouse offers 23,000 square feet of living space, including 7,000 square feet of private outdoor space.
With 30-foot-high ceilings, interiors by designer Tristan Auer, and unparalleled views of the city skyline from nearly 800 feet above, this residence epitomizes elevated living. The property features multiple outdoor dining and entertainment areas and a sky cabana that can serve as an additional bedroom. The infinity pool, one of Miami’s highest, adds to the allure for those who love heights.
Luxury Residences for Sale
The South Tower offers a range of luxurious residences:
Two-bedrooms starting at $4.9 million
Three-bedrooms starting at $5.8 million
Four-bedrooms starting at $10.5 million
Five-bedrooms starting at $17.5 million
The North Tower: A New Flagship Hotel
The North Tower will house the new Mandarin Oriental hotel, featuring:
121 rooms
A signature Spa at Mandarin Oriental
Multiple intimate fine-dining and al fresco restaurants
This tower will also offer an additional 66 private residences and 28 hotel residences, with sales set to launch later this year.
The Future of Branded Residences in Miami
The branded residence trend continues to gain momentum in Miami, blending luxury living with prestigious brands. With properties like The Residences at Mandarin Oriental, Miami, the city is setting new standards for high-end urban living, offering residents unparalleled luxury and world-class amenities.
One Twenty Brickell Residences: A New Residential Tower in Miami
A foundation permit application has been filed for One Twenty Brickell Residences, a 34-story residential tower planned for construction at 120 Southwest 8th Street in Brickell, Miami. Designed by Sieger Suarez Architects with interiors by Cotofana Designs and developed by Property Markets Group (PMG), this new development will feature 240 fully furnished residences, each delivered with its own deeded office suite and over 60,000 square feet of amenities. The foundation permit application was filed with Miami-Dade County on April 30, with no contractor yet named.
One Twenty Brickell Residences will feature a range of studio to three-bedroom apartments, sized from 451 to 1,395 square feet. Each residence will boast fully integrated kitchens with custom countertops and backsplashes, contemporary under-mount sinks, and a high-end appliance package. Additional features include imported and custom kitchen and bathroom cabinetry by Italkraft, WaterWorks bathroom fixtures, glass-enclosed showers, and fully built-out closets in primary bedrooms. The flooring, selected with specifications recommended by Cotofana Designs, includes designer polymer wood and a contemporary lighting package. A built-in top-of-the-line washer and dryer enhance convenience, while PMG’s smart home technology offers efficient, seamless personalization at the touch of a button.
One Twenty Brickell Residences features a unique offering of private office suites, which are deeded individually to condo purchasers. Each office is enclosed with glass panels and equipped with a desk, chair, two guest chairs, a wallpaper accent wall, and complimentary Wi-Fi, providing a functional workspace for residents. Additional office amenities include concierge secretary service, dedicated elevators, a reception area, and a coffee station. For larger meetings, a conference room is available, featuring an eight-person conference table, a 72-inch smart TV with a mounted camera, a conference phone, and Wi-Fi access.
Extensive Amenities for Modern Living
Amenities at One Twenty Brickell Residences encompass over 60,000 square feet, including:
Pickleball court with courtside seating
Children’s club and gym
Sky bar and lounge
Cafe and juice bar
Infinity-edge pool offering sunset views
Dog run
Wellness and fitness center featuring steam rooms, saunas, treatment rooms, and relaxation area with outdoor terraces
Modern fitness studio with the latest equipment
Movement studio and yoga lawn
Additional services available to residents include a building and wellness concierge, comprehensive management of the property, and smart-building technology, all aimed at providing a seamless living experience. The complex is further enhanced by custom art installations, enriching the environment for those who live, work, and play there.
NoMad Residences Wynwood: Securing $141.5 Million in Financing and Pioneering a Unique Residential Experience
Related Group and Tricap have successfully secured $141.5 million in financing for the highly anticipated NoMad Residences Wynwood, a significant development in Miami’s vibrant Wynwood Arts District. The project received a $51.5 million mezzanine loan from Related Fund Management and a $90 million senior construction loan from Kennedy Wilson. Construction commenced in October 2023, shortly after the groundbreaking in September.
“Related Group is proud to partner with Related Fund Management and Kennedy Wilson to drive the development of NoMad Residences Wynwood further,” said Nick Pérez, President of Related’s Condominium Division. “This significant capital infusion is a testament to the strong investor confidence in Miami’s residential market and, more notably, our distinct vision for this hospitality-centric and lifestyle-driven development. We’re excited to bring this unique residential experience to Wynwood, which adeptly blends design, culture, and community in a way that only NoMad can.”
Thomas Whitesell, Head of the Debt Investment Group at Kennedy Wilson, echoed these sentiments: “We are pleased to join with Related Fund Management to provide construction financing to Related Group for this exceptional project. Related Group is arguably the premier residential developer in South Florida and their deep experience, particularly in Wynwood, is one of many reasons we were drawn to this investment.”
NoMad Residences Wynwood, designed by Arquitectonica with interiors by DesignAgency, will offer 329 units ranging from studios to two-bedroom apartments. Each residence will feature floor-to-ceiling windows, private balconies, and modern kitchens equipped with Bosch appliances and Italian-style cabinetry. The units come fully furnished with packages from DesignAgency and are designed with no rental restrictions, allowing owners the flexibility to rent their homes for any period.
The development will include a variety of public food and beverage venues. Highlights include a rooftop restaurant and bar managed by Leo Robitschek, a James Beard Award winner, and Casa Tua Cucina on the ground floor, offering Italian and Mediterranean cuisine.
Residents will enjoy access to an array of amenities such as a rooftop lounge, pool, fitness facilities, and the NoMad Library and Lounge. The building will also showcase art from the Jorge M. Pérez Collection and feature commissioned works that reflect the Wynwood artistic community.
Sales have been robust, with more than 80% of the residences already sold. Completion of NoMad Residences Wynwood is anticipated for late 2025, promising a dynamic and culturally enriched living experience in one of Miami’s most artistic neighborhoods.
Wynwood Welcomes Major Retail Expansion with Prominent Developers
In a significant move for the Wynwood Art District’s commercial landscape, a trio of influential development firms—Lion Development Group led by Michael Simkins, LNDMRK Development led by Alex Karakhanian, and Tricera Capital led by Ben Mandell—has jointly acquired 32,000 square feet of prime ground-floor retail space at the Society Wynwood complex. The deal, valued at $22.5 million, marks a pivotal development in one of Miami’s most vibrant neighborhoods.
Prior to the closing, Tricera and LNDMRK had already signed four major leases, securing tenants for approximately 50% of the available space. This proactive leasing strategy brought in a diverse mix of businesses, including Starbucks, Nacho Daddy, Chama De Fogo Brazilian Steakhouse, and I Scream Gelato. These brands are not just filling space; they are set to enhance the local flavor and economic vitality of Wynwood.
The property, developed by Property Markets Group (PMG) and Greybrook, is situated at 2431 NW Second Ave., right in the heart of the Wynwood Art District. This location is pivotal, standing directly across from the iconic Wynwood Walls. “Wynwood’s growth over the last decade has been tremendous, and our team is excited to continue to play a role in elevating the community,” said Ben Mandell, CEO of Tricera Capital.
Alex Karakhanian of LNDMRK Development also shared his enthusiasm for the project: “We are excited to partner with Tricera and Lion on this transformative acquisition. The retail is situated in the core of the district, and continues to attract premium tenants that want to be part of this vibrant community.”
The retail portion of Society Wynwood, along with its nearly 300 modern residential units and private parking garage, positions the building as a premier destination within the district. This integration of living, leisure, and work space reflects the ongoing transformation of Wynwood into a dynamic urban neighborhood where culture and commerce meet.
With successful leasing already underway and more announcements expected soon, the new ownership is poised to continue its momentum. The addition of high-profile tenants like Starbucks, which will occupy approximately 2,600 square feet, and the unique dining experiences offered by Nacho Daddy, Chama De Fogo, and I Scream Gelato, Society Wynwood is set to become a key player in the area’s ongoing development.
Miami’s Skyline to Soar with the New Midtown 1 Tower
After years of anticipation, the Midtown 1 tower, a groundbreaking project set to redefine the skyline of Midtown Miami, is advancing towards realization. The project has now been sent for review by Miami’s Urban Development Review Board, with the initial renderings of this architectural marvel released to the public for the first time.
Standing at an impressive height of 596 feet, Midtown 1 is slated to become the tallest tower in Midtown Miami. The tower will rise up to 48 stories, towering over the district and offering breathtaking views of the cityscape. This high-rise is designed to accommodate:
400 residential units: A mix of luxury apartments designed for comfort and style, promising an upscale living experience.
27,658 square feet of retail space: Intended to host a variety of shops and boutiques, this area is expected to transform into a bustling hub for shopping and leisure.
498 parking spaces spread across five levels: Ample parking ensures convenience for residents and visitors alike.
The architectural genius behind Midtown 1 comes from Arquitectonica, a renowned firm celebrated for their innovative and forward-thinking designs. The project is being developed by Midtown 1 Investments, a collaborative venture led by Terra and Lion Development Group. This partnership brings together extensive experience and a shared vision for transformative urban development.
The Miami Urban Development Review Board is scheduled to conduct a hearing on the proposal on May 15. This session is crucial as it will determine the next steps in the approval process, moving closer to bringing this ambitious project to life.
Midtown 1 represents not just a building, but a beacon of modern living and urban development. As Midtown Miami continues to grow and evolve, Midtown 1 stands poised to become a landmark that encapsulates the vibrancy and dynamism of the city.
Alta Developers Announces New Short-Term Rental-Friendly Condo Project in Coral Gables
Alta Developers, a prominent Miami-based real estate firm, has officially launched sales for its latest venture, a short-term rental-friendly condominium known as Cassia, located in the vibrant heart of Coral Gables. This announcement marks a significant shift from the company’s initial plans of developing an apartment complex at 4011 Salzedo Avenue.
Originally intended as a multifamily apartment building, the project’s direction shifted about six months to a year ago, amidst challenging market conditions. “The multifamily market is pretty tough today. With interest rates and costs, it’s very difficult to launch a multifamily project,” explained Raimundo Onetto, CEO of Alta Developers. He further noted the sustained demand in the condo market, which influenced the strategic redirection towards developing Cassia as a condo project suitable for short-term rentals.
Cassia is set to rise as a 12-story building offering 174 residential units, with sizes ranging from 662 to 1,439 square feet. The units, which will include options from one to three bedrooms, are priced starting in the $700,000s, stretching up to about $1.8 million. Each condo will be delivered fully finished and furnished, featuring elegant interiors by RH (formerly Restoration Hardware), ensuring a premium living experience.
The development is designed to attract a diverse group of buyers, including foreign investors and families with children attending the University of Miami, as well as medical professionals working at nearby hospitals. “People can use it when they’re here, and when they’re not here they can put it into a management program that allows them cash flow. … This is a great way to start your real estate portfolio,” said Jesse Ottley, President of Development Sales, highlighting the project’s flexibility.
Set to open a sales center this month at 4201 South LeJeune Road, Cassia is strategically located near top shopping destinations like the Shops at Merrick Park and luxury automotive dealer The Collection. The project promises a rich array of amenities including a café, gym, multiple pools, and a landscaped garden on the fifth floor, not to mention a striking $1 million tree sculpture within a serene paseo.
With plans to break ground by year-end, Alta Developers aims to secure construction financing by selling approximately 40% to 45% of the units—roughly 70 units in total. The anticipated loan amount is around $60 million, with construction expected to last about 18 to 20 months.
Alta Developers purchased the 1.5-acre site for $17.5 million in late 2020 from Baptist Health South Florida. The site’s history includes a previous development plan by Ugo Colombo and Masoud Shojaee, which was later sold to Baptist in the wake of a legal dispute.
Cassia represents a significant addition to Coral Gables and South Florida’s growing portfolio of short-term rental-friendly developments, joining other noteworthy projects like 600 Miami Worldcenter and Natiivo Fort Lauderdale. As Alta Developers embarks on this exciting project, Cassia is poised to become a cornerstone of flexible urban living in Coral Gables.
Revving Up Luxury Living: Aston Martin Residences in Downtown Miami
When dreams meet determination, the impossible becomes achievable. Amidst the glittering skyline of downtown Miami, the Aston Martin Residences stand tall as a testament to visionary thinking and unwavering perseverance. Despite initial doubts, this architectural marvel has not only come to fruition but has also exceeded expectations.
Developer G&G Business Developments defied skeptics as they held a triumphant ribbon-cutting ceremony on April 30, coinciding with Miami’s electrifying race week. The event, graced by the presence of Aston Martin executives and esteemed Miami Mayor Francis Suarez, marked the culmination of years of meticulous planning and dedicated effort.
The allure of the Aston Martin Residences lies not only in its striking design but also in its unparalleled exclusivity. Of the 391 luxury condos nestled within its sleek façade, an astounding 99% were snapped up by eager buyers even before the doors swung open. What’s more, over 50 of these new residents are proud owners of Aston Martin automobiles, further cementing their allegiance to the brand’s legacy of luxury and innovation.
Collaboration breeds excellence, and nowhere is this more evident than in the partnership between Aston Martin’s design team and the visionary architect Rodolfo Miani of Bodas Mian Anger. Together, they have crafted a striking sail-shaped glass tower that stands as an ode to sophistication and modernity, redefining the skyline of downtown Miami.
Step into the realm of luxury living, where every amenity is crafted to indulge and inspire. Spread across levels 52 through 55, residents are treated to a plethora of indulgences. From an exquisite art gallery to state-of-the-art movie theaters, a golf simulator to a bustling business center, every need and desire finds fulfillment within these walls. For families, a dedicated kids’ playroom ensures that little ones are equally catered to, while a full-service spa, beauty salon, and barber shop beckon residents to unwind and rejuvenate in style.
Ascend to level 55, where the true epitome of luxury awaits. The pool deck, with its inviting jacuzzis and private cabanas, offers a sanctuary amidst the bustling city below. Here, residents can bask in the warm embrace of the Miami sun or mingle in the opulent surroundings of the chef’s kitchen, ballroom, and private dining areas, all while enjoying panoramic views of the city skyline and the azure waters beyond.
In the heart of downtown Miami, where innovation meets elegance, the Aston Martin Residences stand not just as a symbol of luxury living but as a testament to the power of ambition and ingenuity. As residents settle into their new abodes, they do so knowing that they are not just homeowners but custodians of a legacy—a legacy built on the belief that with passion and perseverance, even the loftiest dreams can become reality.
OPUS Coconut Grove Development Unveiled with 14 Exclusive Residences
We are thrilled to introduce OPUS Coconut Grove, the latest gem in the crown of luxury real estate. Nestled in the heart of Miami’s enchanting Coconut Grove, OPUS is a rare offering, limited to just 14 exclusive residences. This pre-construction development is designed to redefine elegance and sophistication, with units starting at $2.5 million, targeting a delivery by the summer of 2026.
The name OPUS is synonymous with pure excellence, unparalleled quality, and exceptional craftsmanship. These principles are the cornerstone of the 14 bespoke homes that make up this development. Renowned architect Kobi Karp and esteemed interior designer Joao Armentano have joined forces to sculpt a living experience that is as luxurious as it is functional. Every element, from the sweeping floor plans to the meticulous interiors, is crafted to harmonize luxury with everyday living.
Situated at 3137 SW 27th Ave, OPUS offers an enviable location within walking distance to the very best of Coconut Grove. From top-tier restaurants and chic retail to vibrant marinas and lush parks, everything is just a stone’s throw away. The development also boasts proximity to some of the highest-rated schools in Miami-Dade County, making it a perfect spot for families.
OPUS is not just a residence; it’s a lifestyle. The building features a six-story boutique structure with 12 residences and 2 penthouses. The amenities are designed with the utmost attention to detail:
Luxurious Amenities: 24-hour concierge, valet parking, and security, a rooftop pool and lounge, private gym and spa, and a climate-controlled wine cellar.
Residence Features: Custom kitchens with Italian cabinetry, Miele & Sub-Zero Wolf appliances, 12 ft high ceilings with floor-to-ceiling glass, and private elevator foyers.
Sustainability and Convenience: All condos are pre-wired for smart home automation and include natural gas, high-speed internet, and dedicated storage units.
The proposed deposit structure ensures a commitment to quality and investor confidence:
20% at contract
10% at groundbreaking (est. Q1 2025)
10% at top-off (est. Q4 2025)
Remaining 60% at closing (est. Summer 2026)
As Coconut Grove continues to rise as a competitive and desirable locale, the opportunity to secure a home at OPUS should not be overlooked. With its limited inventory and high demand, securing a residence at OPUS is more than an investment—it’s a chance to own a piece of paradise in one of Miami’s most sought-after neighborhoods.
ChatGPT Transforming Miami Beach: The Proposed 5-Story Office Building at 1100 5th Street
Miami Beach is poised for an exciting transformation with the proposal of a new 5-story commercial office building at 1100 5th Street, in the vibrant South of Fifth neighborhood. Designed by the renowned Eduardo Souta de Moura and Zyscovich Architects, and developed by Sumaida + Khurana in collaboration with property owners Roslyn and Norton Nesis and Robert and Miriam Weiss of Weiss Properties, this project promises to be a landmark addition to the area.
The planned building stands approximately 80 feet tall and encompasses a total construction area of about 101,424 square feet. The design incorporates a Floor Area Ratio (F.A.R.) of 65,274 square feet, which includes 43,797 square feet dedicated to office space. It also features 7,142 square feet of both indoor and outdoor amenities and 7,204 square feet allocated for a ground floor restaurant. Moreover, the design plans to provide 105 parking spaces to accommodate both tenants and visitors.
Situated on an “L” shaped parcel that stretches over approximately 0.75 acres, the site currently hosts two commercial structures. One is a former Pier One retail store, and the other a Burger King restaurant, both of which will be replaced by the new development. This location, at the intersection of Fifth Street, Alton Road, and Lenox Avenue, extending to 4th Street, is pivotal for enhancing the connectivity and aesthetic of the neighborhood.
The ground floor of the new building will house the main office lobby, a restaurant, and essential back-of-house facilities, along with a publicly accessible open court/patio. To align with the city’s resiliency policies aimed at reducing traffic, the project will also include a Mobility Hub, featuring long-term bicycle racks, lockers, a repair workshop, and showers for commuting cyclists.
The second level is designed for parking, including ADA-compliant spaces and VIP self-parking for office tenants. The upper floors, from the third to the fifth, will accommodate additional office spaces, promoting a modern, light-filled workspace with extensive balconies and glazing.
One of the project’s striking features is its architectural design, which transitions smoothly from the bustling commercial environment of Fifth Street to the quieter residential zones to the south and east. The building steps down in mass and height towards the south, integrating decorative columns that taper with each ascending floor, thus providing a harmonious transition to adjacent areas.
The development seeks a waiver to modify the sidewalk elevation along Fifth Street to better integrate with the existing landscaped areas and pedestrian pathways. Additionally, two variances are requested. One is for the design of an open court space, which, although larger than required, needs adjustment due to its integration with bus and pedestrian traffic. The second variance seeks a slight increase in the maximum building height to enhance the structure’s resilience to sea level rise.
The Miami Beach Design Review Board is set to review this application on June 6th. If approved, this project will not only provide much-needed office space but also boost local amenities and improve urban connectivity, making it a significant enhancement to the South of Fifth neighborhood. This development represents a thoughtful blend of modern design with practical functionality, aiming to set new standards for commercial office buildings in Miami Beach.
