Rilea Group and Ciprés Set Record with $1.19 Million Retail Space Sale at The Rider Residences

In a remarkable transaction, Miami developers Rilea Group and Ciprés have sold a 702-square-foot retail space at The Rider Residences for $1.19 million. Located at 94 NE 29th Street, where Midtown meets Wynwood, the retail space commanded an impressive $1,700 per square foot, setting a new benchmark for the area, according to CoStar. The buyer, Sunkan LLC, secured this prime location ahead of The Rider’s groundbreaking, slated for early 2025, with completion expected in late 2026.

Representing the developers in the sale were Andres Andrade and Jake Lecce of Cervera Real Estate, The Rider’s exclusive sales team. Ivana Trachter of EXP Realty represented the buyer in this record-setting deal.

Diego Ojeda, President of Rilea Group and Owner of Ciprés, highlighted the significance of this sale: “This sale is more than a milestone for us; it represents a pivotal moment for Wynwood. Being part of the Wynwood Business Improvement District allows us to contribute to the neighborhood’s dynamic evolution. We’re thrilled to see The Rider attracting innovative investors and businesses.”

Sunkan LLC’s Alejandro Kacheroff, the visionary behind OPTIUSA, a luxury eyewear brand, and Wynwood’s Michelin-recognized Ossobuco restaurant, also expressed his enthusiasm:

“Wynwood is a hub of creativity and culture, the perfect location for OPTIUSA’s expansion. This isn’t just about growing our brand—it’s about embedding ourselves in a vibrant community that values quality and innovation.”

A New Standard of Design and Connectivity

The Rider Residences, designed by Miami’s Deforma Studio with interiors by RADYCA, will offer fully furnished turn-key residences. The units, ranging from 386 to 1,612 square feet, include studios, 1-, 2-, and 3-bedroom options, with select layouts featuring dens and half baths. Prices start at $400,000 and extend to $1.8 million, catering to a diverse array of buyers.

Adding to its appeal, The Rider will be just one block from Wynwood’s upcoming high-speed rail station on 27th Street. This transportation hub promises car-free access to popular destinations, including Aventura, Fort Lauderdale, Boca Raton, and Orlando, ensuring unparalleled connectivity.

A Visionary Collaboration

The Rider is a joint venture between Rilea Group and Ciprés, the latter a burgeoning real estate firm led by Rilea Group’s Diego Ojeda. With a commitment to refined elegance and innovation, the partnership aims to redefine luxury living in South Florida. Ciprés is also spearheading a 324-unit multifamily project in Port St. Lucie, further diversifying its portfolio.

Rilea Group’s influence extends next door with Mohawk at Wynwood, a 12-story multifamily development offering 300 units and 31,000 square feet of retail space. Together, these projects solidify the developers’ impact on Wynwood’s urban landscape.

The sale of this retail space is a testament to Wynwood’s continued growth and The Rider’s potential to shape the neighborhood’s future. With innovative design, strategic location, and a vision for community integration, The Rider Residences are set to become a defining feature of Miami’s luxury real estate scene.

Excel Miami Breaks Ground: A New Era for Miami’s Arts & Entertainment District

The skyline of Miami’s Arts & Entertainment District is set to welcome a striking new addition. Shawmut Design and Construction, in partnership with Clearline Real Estate, has officially broken ground on Excel Miami, a 24-story residential tower located at 1550 NE Miami Place. With plans to bring 427 rental apartments to the area, the development aims to address the city’s increasing demand for diverse housing options.

The tower, conceptualized by the visionary firm Arquitectonica and executed with LEO A DALY as the architect-of-record, promises to deliver an array of thoughtfully designed units. Future residents can choose from studios, one- and two-bedroom apartments, or one of the 13 unique townhouse lofts. These residences, ranging in size from 400 to 1,000 square feet, are tailored to accommodate a variety of lifestyles.

On the sixth floor, residents will find a comprehensive suite of amenities designed to elevate everyday living. Highlights include:

• A resort-style pool
• An inviting yoga deck
• A fully equipped fitness center
• Flexible coworking spaces
• A film screening room
• State-of-the-art podcast suites

Conveniently situated near the Metromover School Board Station, Excel Miami prioritizes accessibility and walkability, fostering a connected urban lifestyle in the heart of the district.

A Tower Adorned with Art

Excel Miami will stand out not only for its architecture but also for its artistic contribution to the cityscape. Renowned graffiti artist Claudia ‘MadC’ Walde will grace the tower’s façade with a large-scale mural. This collaboration underscores the project’s alignment with the artistic spirit of the district, making it a cultural as well as a residential landmark.

The groundbreaking event brought together prominent figures who celebrated the vision behind Excel Miami:

• Alexis Leal, Head of Florida at Shawmut Design and Construction
• Les Hiscoe, Shawmut CEO
• Jenny Bernell, Founder and CEO of Clearline Real Estate
• Francis Suarez, Miami Mayor
• Damian Pardo, District 2 Commissioner
• Alec Muñoz, Clearline’s Vice President of Development & Construction

“Excel Miami is more than just a development; it’s a statement of progress and possibility for Miami,” remarked Jenny Bernell, Clearline’s Founder and CEO. “This project is designed to meet the needs of today’s residents while embracing the cultural vibrancy that defines the Arts & Entertainment District.”

As construction kicks off, major milestones such as the mat foundation pour and the installation of the tower crane are expected in the coming weeks. These pivotal steps signal the rapid advancement of a project poised to redefine the neighborhood’s residential offerings.

Excel Miami is set to not only enhance the skyline but also enrich the community it serves. With its unique blend of design, amenities, and artistic integration, this development is a true reflection of Miami’s evolution as a global city. Keep an eye on this space for updates as the project unfolds in the dynamic Arts & Entertainment District.

Villa Miami Breaks Ground

The East Edgewater skyline is about to reach new heights with the breaking ground of Villa Miami—a collaboration of Terra, led by David Martin, One Thousand Group with Kevin Venger, Louis Birdman, and Michael Konig, and the culinary masterminds of Major Food Group: Jeff Zalaznick, Mario Carbone, Rich Torrisi, and Miami’s Alex Pirez. Marking the hospitality brand’s debut in residential development, Villa Miami represents a bold new chapter in Miami’s luxury real estate landscape.

This copper-clad, 56-story tower will soar 650 feet above Biscayne Bay, offering only 70 exclusive half- and full-floor residences. The project is a testament to design ingenuity, culinary excellence, and uncompromised service, creating an unparalleled living experience.

David Martin, CEO of Terra, shared, “Villa Miami embodies a commitment to world-class design and culinary innovation, while embracing a low-density model that redefines exclusivity. With just 70 residences, this project grants a sense of privacy that transforms living spaces into true ‘homes in the sky’.”

Slated for delivery in late 2027, the development is entrusted to Moss Construction, known for delivering iconic projects like Five Park Miami Beach. Construction is already underway, with seawall work beginning in September.

Jeff Zalaznick, Co-founder of Major Food Group, commented, “Every element of Villa Miami—from the design and finishes to the curated amenities—is a reflection of our dedication to excellence. This building represents more than luxury; it’s a physical manifestation of our passion for precision and quality.”

ODP Architects leads the architectural design of the tower, strategically located to offer effortless access to cultural, shopping, and dining hubs like the Design District and Wynwood. Residents will enjoy breathtaking views of Biscayne Bay and the Miami Beach skyline.

The centerpiece of Villa Miami is The Copper Club, a three-floor, resident-only amenity suite that epitomizes luxury. With private dining, lounges, a screening room, wellness facilities, and even a rooftop helipad, the club fosters an unparalleled lifestyle. Completing this curated experience, residents will have priority access to a new Major Food Group waterfront restaurant, adding another layer of exclusivity.

Kevin Venger of One Thousand Group noted, “With Villa Miami, we’re bringing another landmark to Miami’s skyline, redefining luxury in Edgewater and Biscayne Bay.”

Villa Miami’s interiors mark the Miami debut of renowned designer Vicky Charles of Charles & Co., whose work has graced the homes of A-list celebrities worldwide. Inspired by mid-century Italian villas and Miami’s vibrant energy, the design incorporates warm woods, elegant curves, and ambient lighting, creating a harmonious blend of comfort and sophistication.

Terra and One Thousand Group bring an unparalleled legacy to the project, having delivered landmarks such as Five Park Miami Beach, Mr. C Residences Coconut Grove, and One Thousand Museum by Zaha Hadid. Their combined expertise ensures Villa Miami will set a new benchmark for luxury living.

As Villa Miami rises in East Edgewater, it promises to deliver a unique blend of sophistication, exclusivity, and visionary design, reshaping the future of Miami’s luxury real estate market.

Brickell’s Skyline Set to Evolve with New 39-Story Residential Tower

The transformation of Miami’s Brickell neighborhood continues as plans for a new 39-story residential tower move forward. Located just a block from Brickell City Centre, this development promises to bring both luxury and community enhancements to the area.

The developer, working on the site of the recently demolished Starlite Motel, has officially signed a public benefits agreement to secure the project’s approval. Recorded on December 10, the agreement paves the way for development under Miami-Dade’s Rapid Transit Zoning plan.

As part of the agreement, the developer has committed to a series of public benefits:

• $500,000 Contribution: A payment to Miami-Dade County, earmarked for repairs or upgrades to the Brickell Metrorail or Metromover stations.
• Workforce Housing: Five percent of the tower’s residential units will be income-restricted for workforce renters, addressing the need for affordable housing options in the area.
• Tree Planting Initiative: The developer will plant 40 trees at least 20 feet high either on the property or within the surrounding right-of-way, in addition to the required landscaping.
• Pedestrian Connectivity: A cross-block passage will provide pedestrian access between SW 7th Street and SW 8th Street, enhancing walkability.
• Utility Line Upgrades: Telecom wires on the property will be buried at the developer’s expense, improving the aesthetic and infrastructure.

The planned development includes:

• 517 Apartments: Offering a range of residential options to accommodate Brickell’s growing population.
• Restaurant Space: 9,700 square feet dedicated to dining establishments.
• Parking Facilities: A six-level garage with 506 parking spaces.

A construction permit for the tower was filed in August, with Suffolk Construction serving as the contractor. The estimated construction value stands at $190 million, highlighting the significant investment in the project. Chicago-based Focus is leading the development, with the world-renowned architectural firm Gensler at the helm of the design.

As approval for the project hinges on the fulfillment of public benefit commitments, the developer’s proactive approach signals a win-win for both the community and investors. This 39-story tower is set to redefine the local skyline while contributing to the enhancement of Brickell’s urban environment.

One Thousand Group Announces Major Milestone with $53 Million Land Acquisition for Tower 36 in Edgewater

One Thousand Group, a powerhouse development firm known for its transformative impact on Miami’s skyline, has just completed a pivotal land acquisition for its upcoming Tower 36 project. The firm secured a 1.6-acre site in East Edgewater for an estimated $53 million, with the deal financed by Cirrus Real Estate Partners. The land comprises three adjacent parcels located at 3601 Biscayne Blvd, 345, and 409 NE 36th Street, strategically positioned at the intersection of Miami’s Design District and the rapidly evolving Edgewater neighborhood.

This acquisition is set to pave the way for One Thousand Group’s latest vision: Tower 36, a mixed-use, lifestyle-focused development that will elevate the Edgewater area to new heights. Located near some of the most vibrant neighborhoods in Miami, including Wynwood, Midtown, and Downtown, the project will offer a seamless blend of branded residences, commercial spaces, and state-of-the-art amenities. Among its standout features will be a private members-only club, multiple fine dining options, wellness and recovery services, and a stunning rooftop helipad and heli-lounge—echoing the world-class design seen in One Thousand Group’s iconic One Thousand Museum.

“Our team is thrilled to continue contributing to the growth and evolution of Edgewater,” said Kevin Venger, co-founder of One Thousand Group. “Having been active in the area since 2005, we’ve witnessed its incredible transformation, and Tower 36 will play an integral role in this process. With its unrivaled location and connections to key areas like Miami Beach and the airport, this development is poised to redefine Edgewater as one of the most sought-after neighborhoods in Miami.”

Michael Konig, co-founder of One Thousand Group, echoed this sentiment, saying, “Tower 36 will set a new benchmark for mixed-use living in Miami. The location itself is unbeatable, with proximity to the Design District’s cultural hotspots, exceptional walkability, and access to both retail and green spaces. We believe Tower 36 will be the catalyst for even more growth in this area.”

The design of Tower 36 is being led by KPF Architects, one of the world’s most esteemed architectural firms, with Robert Whitlock and Lloyd Sigal at the helm. The project will feature sustainable design principles and cutting-edge technology, blending the latest in architectural innovation with the vibrant culture of Miami. With a focus on wellness, sustainability, and connectivity, the tower will offer not only luxurious residences but also an elevated lifestyle that seamlessly integrates work, play, and relaxation.

“The collaboration with KPF Architects allows us to push the envelope on what’s possible in Miami,” noted Louis Birdman, co-founder of One Thousand Group. “We’re committed to creating buildings that stand out for their design, technology, and sustainability, and Tower 36 will be a testament to that vision.”

As One Thousand Group continues to shape the future of Miami’s real estate landscape, Tower 36 will stand as the latest example of their commitment to creating truly extraordinary spaces.

Eighteen Sunset Reaches Full Occupancy, Setting New Standard for Luxury Offices in Miami Beach

Eighteen Sunset, the highly anticipated boutique development in Miami Beach’s Sunset Harbour neighborhood, has officially filled all of its premium office spaces, marking a significant achievement in the local real estate market. The property, which offers 17,708 square feet of Class A+ office space, has fully leased out its office units, reflecting the growing demand for upscale work environments in Miami Beach.

Colliers, under the leadership of Vice Chair Stephen Rutchik, was instrumental in the leasing process for the property’s landlords, Deco Capital Group and RWN Real Estate Partners. On the other side of the transactions, CBRE’s Executive Vice Presidents Jeff Gordon and Barbara Black represented the tenants.

The tenants at Eighteen Sunset include a prestigious private equity firm and the luxury watchmaker Audemars Piguet. Both brands were attracted by the building’s combination of premium design, stunning waterfront views, and its location at the intersection of Miami Beach’s cultural and business hotspots.

Located at 1759 Purdy Avenue, Eighteen Sunset offers an exceptional mix of amenities, including access to Maurice Gibb Park, the Sunset Harbour Marina, and a variety of top-tier dining and retail venues. The property’s waterfront location ensures unobstructed views of the Intracoastal Waterway and Venetian Islands, providing a serene and inspiring work environment for its tenants.

With construction by Origin Construction, Eighteen Sunset is set to deliver a new model for office spaces in Miami Beach, combining luxury, functionality, and a connection to the vibrant local community. This milestone marks just the beginning for the development, as it continues to shape the future of office spaces in one of the most dynamic real estate markets in the country.

Exciting Plans Announced for Rooftop Club and Restaurant at 830 Brickell

The iconic 830 Brickell tower continues to elevate Miami’s skyline and its reputation as a global destination for luxury and business. Developer OKO Group and hospitality powerhouse Tao Group have unveiled plans for an exclusive rooftop club and Mediterranean restaurant, bringing a fresh, upscale social and dining experience to Brickell.

This new venture, dubbed Miami Members Hospitality, marks the first collaboration between OKO Group and Tao Group. The rooftop venue at 830 Brickell will feature a private members-only lounge alongside a vibrant Mediterranean-inspired restaurant and club, blending refined elegance with Miami’s energetic nightlife.

Set to open in 2025, the rooftop will undoubtedly become a sought-after destination for Miami’s elite, offering breathtaking views and exceptional hospitality.

Having opened in October 2024, 830 Brickell stands as the first Class A+ office tower delivered in Brickell in over a decade. Rising 724 feet above ground, the 57-story tower holds the title of the tallest office building in the district.

The architectural masterpiece was designed by Adrian Smith + Gordon Gill Architecture, known for their visionary skyscrapers, with interior spaces crafted by Italy’s prestigious Iosa Ghini Associati.

830 Brickell is not just redefining the Miami skyline but also attracting an impressive roster of tenants, including global leaders like Microsoft, Citadel, Kirkland & Ellis, Marsh, Sidley Austin, Corient, Thoma Bravo, Santander Bank, and A-CAP.

The tower is the brainchild of OKO Group and Cain International, two trailblazing developers committed to creating transformative spaces. Their latest collaboration with Tao Group further cements Brickell’s position as a hub for innovation, luxury, and world-class experiences.

As the rooftop project takes shape, anticipation grows for what promises to be a pinnacle of Miami’s dining and social scene. Stay tuned for more updates as this exciting new chapter unfolds at 830 Brickell.

ELLE Residences Miami: A Bold Fusion of Fashion, Design, and Lifestyle

Reviving the Deauville: A Vision for North Beach’s Future

The iconic Deauville Hotel, a cherished piece of Miami Beach history, is set to rise again—this time with a modern twist. In a presentation to a city board last week, developers Terra and the Meruelo family unveiled exciting new details and renderings for the redevelopment of the North Beach landmark. The plans promise a bold reimagining of the site, blending historic charm with innovative design.

A Glimpse at the New Deauville

Demolished in 2022, the original Deauville Hotel will be reborn alongside two new condominium towers. This ambitious project will be brought to life by an esteemed design team, including Foster + Partners, ODP, and Shulman + Associates. Together, they aim to create a development that respects the area’s heritage while elevating its modern appeal.

Breaking Boundaries with Tall Towers

One of the most striking aspects of the proposal is the developers’ request to build the new condo towers at an impressive 400 feet—double the current height limit. This bold move reflects the grand vision for the property, though it will require special permission from the city.

Reducing Density for a Better Experience

While the towers’ height may increase, the overall density of the project will be reduced. Current zoning allows for up to 977 hotel rooms and accessory uses, but the proposed changes would cap the development at 280 hotel rooms and 140 multifamily residential units. Additionally, the rebuilt hotel tower will include some residential units, and the number of hotel rooms will be significantly lower than the original.

Enhancing the Community Experience

The proposed plans go beyond just buildings; they aim to enhance the pedestrian experience and the surrounding community. Key improvements include:

• Wider Sidewalks: Designed to be more pedestrian-friendly, these sidewalks will feature retail spaces and food and beverage outlets to create an active streetscape.
• Underground Driveway: To reduce surface-level congestion and improve walkability, a buried driveway will provide a seamless solution for vehicular access.
• Landscaped Walkway: Connecting Collins Avenue to the beachwalk, this green pathway will offer residents and visitors a serene transition from city streets to the shore.

What’s Next?

The Miami Beach Planning Board is scheduled to hold a hearing on February 4 to discuss the project further. This comes after deferring a decision during their last meeting. The presentation has already sparked significant interest, with both excitement and questions about the scale and scope of the development.

The revival of the Deauville is more than just a redevelopment project; it’s a symbol of North Beach’s evolution. With a commitment to preserving the area’s character while introducing thoughtful modern elements, this new chapter for the Deauville promises to redefine luxury living and hospitality in Miami Beach.

Introducing Joule House: Wynwood’s New Vibrant Residential Community

Fisher Brothers has rebranded its highly anticipated Wynwood project, formerly known as Wynhouse Miami, as Joule House. Located at 2200 NW First Avenue, the eight-story development is poised to redefine urban living in Wynwood when it opens in Spring 2025. The project is managed by Bozzuto, the exclusive leasing and marketing agent.

A Bold Vision for Wynwood Living

Joule House will feature 308 rental residences, 26,000 square feet of ground-floor retail and paseo space, and over 23,000 square feet of amenities across three levels. Designed by the renowned Rockwell Group, the building will showcase art installations on its façade and include a public paseo that seamlessly connects retail and community spaces.

Thoughtfully Designed Residences

Residences at Joule House range from 474 to 1,405 square feet, offering studio, one-bedroom, two-bedroom, and select penthouse layouts. Crafted by ID & Design International (IDDI), the interiors boast:

• Floor-to-ceiling windows for natural light.
• GE washers and dryers for convenience.
• Smart home features for modern living.
• Neutral palettes with bold accents for a chic aesthetic.

Amenities to Elevate Every Lifestyle

The indoor and outdoor amenities at Joule House, designed by the Rockwell Group, cater to relaxation, productivity, and community engagement. Highlights include:

• Outdoor garden with unique curved landscaping.
• Custom Airstream lounge and outdoor yoga/cinema space.
• Coworking lab with communal tables, private offices, and a coffee bar.
• Fitness studio with Peloton and Precor equipment.
• Game room featuring a pool table and arcade games.
• Rooftop oasis with a heated infinity pool, jacuzzi, barbecue area, and lounge.

The House Brand Legacy

Joule House is the latest project under Fisher Brothers’ House brand, which is celebrated for its design-forward, amenity-rich residential communities. Past developments include House 39 in Murray Hill, NYC, and Station House in Washington, D.C. This project marks the brand’s expansion into key markets, bringing its signature lifestyle to Wynwood.

Joule House not only promises to be a luxurious and community-driven living space but also aims to capture the creative and energetic spirit of Wynwood. Stay tuned as this exciting development transforms the neighborhood and sets new standards for urban living.