Tag Archives: new development in miami

New Development in Brickell Miami

Oak Row Equities and Mariposa Real Estate Acquire Prime Waterfront Property in Brickell for $520 Million

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New Development in Brickell Miami

In a landmark transaction set to redefine South Florida’s real estate landscape, Oak Row Equities and Mariposa Real Estate have finalized an agreement to acquire Aimco’s coveted 4.25-acre waterfront property at 1001 and 1111 Brickell Bay Drive. Valued at $520 million, this acquisition marks the largest single land purchase in South Florida history and is scheduled to close in the fourth quarter of 2025.

This prime site, boasting 485 feet of uninterrupted Biscayne Bay frontage, is zoned for over three million square feet of development. It is ideally suited for the construction of ultra-luxury condominiums, poised to meet the increasing demand for high-end residences in Miami’s thriving Brickell neighborhood.

“The Brickell Bay Drive assemblage presents a once-in-a-lifetime opportunity to build a transformative project in the most exciting submarket in the City of Miami,” stated Erik Rutter, Managing Partner at Oak Row Equities. “A perfect blend of zoning, site geometry, bay frontage, and location combine to create a truly irreplaceable piece of real estate. We are thrilled to be at the helm of such an important project.”

The flexible zoning of the site permits the construction of multiple towers reaching heights of up to 1,049 feet, making it a one-of-a-kind development opportunity. Oak Row Equities aims to leverage this potential by creating a landmark project that not only redefines Miami’s iconic skyline but also sets new standards for urban luxury.

“Waterfront property of this caliber, size, and scale demands the best in design, and we intend to collaborate with world-class talent to bring our vision to life,” said David Weitz, Managing Partner at Oak Row Equities. “Each one of our projects to date has helped elevate and transform their respective submarkets. With this opportunity, we will bring our unique blend of placemaking and design to the Brickell Bay Drive assemblage and deliver an unmatched product to meet the growing sophistication of the Miami market.”

Mariposa Real Estate, known for its expertise in luxury developments, has partnered with Oak Row Equities on this transformative endeavor. Together, the two firms share a commitment to delivering a groundbreaking product that epitomizes luxury living.

“We are excited to be partners with Oak Row Equities on this amazing opportunity,” said Sam Franklin of Mariposa Real Estate. “We share a vision for delivering best-in-class product and believe there is no better site in Miami to do so.”

As Miami continues to cement its reputation as a global luxury hub, the development at 1001 and 1111 Brickell Bay Drive promises to be a game-changer. With unparalleled bayfront access, the project is set to attract discerning buyers seeking exclusivity, sophistication, and world-class amenities. This historic acquisition underscores the confidence that leading developers have in Miami’s future as a premier destination for luxury real estate.

Okan Tower Downtown Miami

Okan Tower: A New Construction Icon in Downtown Miami’s Skyline

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Okan Tower Downtown Miami

Construction continues to advance on Okan Tower, a 70-story mixed-use marvel taking shape at 555 North Miami Avenue in the heart of Downtown Miami. Designed by the esteemed Behar Font & Partners and developed by Okan Group, this 902-foot-tall, 914,124-square-foot skyscraper is set to redefine luxury living and working spaces in the city. Once completed, the tower will feature 399 luxurious residences, a 316-key hotel, 64,000 square feet of Class A office space, and a host of indoor and outdoor amenities, making it a true gem in Miami’s urban landscape.

The tower is being constructed on a 0.86-acre corner plot, strategically bordered by North Miami Avenue to the west and Northeast 6th Street to the north, ensuring it will be a standout feature in the downtown area. Witkin Hults + Partners, the landscape architect, is meticulously planning the surrounding green spaces to complement the building’s impressive architecture.

Jacob Companies, the project’s general contractor, has been actively sharing updates on the tower’s construction progress. Last week, they posted a series of photos on Instagram that provided a behind-the-scenes look at the ongoing activities at the site. The images captured various stages of the building process, from the installation of rebar to the formation of concrete slabs. The pouring of columns in the site’s northeast corner is visible, alongside significant progress on the south wall.

The construction team, including Okan Construction, Moore Group, Efco Forming, and US American Concrete, is making remarkable strides in the tower’s structural phase. As the year progresses, we can expect to see Okan Tower start to make a substantial impact on the Miami skyline.

Okan Tower’s residential offerings are divided between 163 condominium units on floors 51 through 70, tailored for private residences, and 236 condo-hotel units on floors 36 to 50. These condo-hotel units are designed for short-term rentals, offering all the services and amenities of a luxury hotel. The residential units vary in size, with studios starting at 447 square feet and expansive three-bedroom residences reaching up to 2,183 square feet, catering to a wide range of lifestyle needs.

The tower’s design and amenities are poised to attract those seeking an unparalleled living experience in Miami, combining luxury, convenience, and modern design in a prime downtown location.

As construction progresses, anticipation continues to build for the completion of Okan Tower. The project is expected to be finished by 2027, at which point it will stand as a new icon in Miami’s skyline, embodying the city’s vibrant spirit and relentless growth.

M-Tower in Miami

M-Tower’s Expansion: Meeting Miami’s Rising Residential Demand

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M-Tower in Miami

Miami Dade’s Water and Sewer Department has recently agreed to provide utilities for additional units beyond what was initially planned for M-Tower, a 57-story residential building situated at 56 Southwest 1st Street in downtown Miami. This revision reflects a growing demand for residential space in the heart of Miami, and the project aligns with the city’s vision for urban development.

In early July, a revised utility agreement was recorded, now stating that the M-Tower development will encompass 765 apartments, 4,708 square feet of retail space, and 5,000 square feet for a full-service restaurant. This is a notable increase from the previously planned 675 apartments, adding 90 more units to the development.

This increase in density highlights the growing demand for residential spaces in downtown Miami. The city’s vision for urban development is further realized through such projects, encouraging more people to live in the city center and fostering a vibrant urban community.

M-Tower is being developed by Lions Group NYC and Fortis Design + Build, operating under Downtown 1st St LLC. The tower, designed by Nichols Architects, will rise 57 stories across the sites at 56 and 70 Southwest 1st Street, near Miami’s Government Center. The project also involves Naturalficial as the landscape architect and Kimley-Horn as the civil engineer.

A key feature of M-Tower is its public parking garage, which will offer nearly 700 spaces, alongside commercial and retail spaces at the ground floor level. The building’s design and amenities aim to enhance the overall streetscape and living experience for residents.

The residential units within M-Tower will offer a mix of studio, one-bedroom, and two-bedroom apartments. The ninth floor is set to host an array of amenities, including a landscaped outdoor deck featuring two pools. Additionally, the project will incorporate integrated art murals for the eight-story parking garage, selected by the Miami Parking Authority, adding a cultural touch to the structure.

The Federal Aviation Administration (FAA) approved permits for M-Tower in early July, allowing the building to reach 605 feet above ground or 615 feet above mean sea level. These permits, approved on July 2, 2024, are valid until January 1, 2026.

Total demolition permits have already been approved and issued for the sites at 56 and 70 Southwest 1st Street. The BG Group LLC is listed as the contractor for this demolition work, estimated to cost approximately $505,000. The site previously housed a 56-year-old municipal parking garage, which will be demolished to make way for the new development.

The expansion of M-Tower marks a significant step in addressing Miami’s growing residential needs. With its modern design, strategic location, and comprehensive amenities, M-Tower is set to become a landmark in downtown Miami’s urban landscape. This project not only caters to the increasing demand for residential units but also contributes to the city’s vision of a dynamic and integrated urban community.

Oasis Hallandale Beach

Milestone Reached: Glass Installation Begins on Oasis Hallandale’s West Tower

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Oasis Hallandale

The construction of Oasis Hallandale has reached a significant milestone with the commencement of glass installation on the West Tower. This marks a key point in Phase 3 of the project, as this mixed-use development continues to shape the skyline of Hallandale Beach.

Located at 1000 East Hallandale Beach Boulevard, Oasis Hallandale is a comprehensive mixed-use development spread across a sprawling 10-acre site. The 25-story West Tower, part of the project, is designed by the renowned architectural firm Arquitectonica and spearheaded by developer Giuseppe Iadisernia. MGM Construction Group is managing the construction, ensuring the project’s vision is realized.

Recent construction photos reveal the extent of progress on the West Tower. The installation of floor-to-ceiling glass has reached the fourth floor, with 14 slabs already poured into the superstructure. This impressive vertical advancement has pushed the structure well past the halfway mark. Notably, the slabs on the tower’s northwest corner display chamfering that narrows toward the middle and expands again at the top. This design feature will enhance the tower’s curvature, as highlighted in the renderings, becoming more pronounced once the glass installation progresses further.

Simultaneously, significant progress is being made on the East Tower, with foundational work for the core currently underway. The formwork for the garage structure, set to connect the two residential towers and feature an amenity deck, is also advancing. Upon completion, the East Tower will contribute an additional 250 residential units, completing the residential program of the project.

The twin towers will offer a variety of modern floor plans, including one-, two-, and three-bedroom residences. Key features include floor-to-ceiling windows, glass sliding doors, expansive balconies with glass railings, walk-in closets, and powder rooms in select units. The interiors, designed by Domus Aurea Interiors, will feature Italian countertops and tiles in kitchens and bathrooms, double sinks in primary bathrooms, and frameless glass-enclosed showers.

Oasis Hallandale will offer a wide range of amenities designed to enhance residents’ lifestyles. These include valet parking, a 24-hour lobby attendant, business and conference rooms, a lounge bar with pool tables, and a banquet hall. The development will also feature a golf simulator, children’s playroom, indoor and outdoor movie theaters, two pools, a hot tub spa, a children’s splash pad, and poolside cabanas. Additional amenities include a playground, barbecue and fire pit areas, a yoga lawn, a Ping-Pong room, a mini soccer field, a pet park, bike parking, electric vehicle charging stations, and storage facilities.

With Phases 1 and 2 already completed, Phase 3 of Oasis Hallandale is making steady progress. The project is on track to reach full completion by 2026, promising a vibrant and luxurious living experience in the heart of Hallandale Beach.

Watson Harbour Promenade

Shaping the Future of Watson Island-Miami Voters to Decide on Watson Harbour Project

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Watson Harbour Promenade

Miami residents will now be able to cast their votes on the approval of the Watson Harbour project, a new mixed-use development proposed for the south side of Watson Island. This ambitious project, set to enhance one of South Florida’s prime waterfront areas, includes plans for hotels, retail outlets, offices, residences, dining options, and expansive public spaces, all strategically located on Biscayne Bay between Downtown Miami and Miami Beach.

The developers, BH3 Management and Merrimac Ventures, acquired the 10.8-acre site at 888 Macarthur Causeway in 2023. They have developed a privately funded proposal to revitalize the area, featuring:

  • Two luxury hotels
  • Retail spaces for shopping and dining
  • Office buildings and residential units
  • A 2.2-acre public promenade along Biscayne Bay
  • Green spaces and a maritime museum
  • Infrastructure and resiliency upgrades

The project is expected to generate substantial economic benefits, including several million dollars in additional tax revenue for Miami. It also promises a wide range of community benefits, such as:

  • Employment opportunities for residents from underserved communities
  • Retail spaces allocated for nonprofit organizations
  • Infrastructure improvements on City-owned properties
  • A $9 million contribution towards affordable housing and public infrastructure

Watson Harbour will include several sustainability measures to protect and enhance the local environment, such as:

  • A seawall built above base flood elevation standards
  • Planting of native flora and expansion of the tree canopy
  • Energy-efficient LED and solar-powered lighting
  • An on-site stormwater management system designed to prevent pollution of Biscayne Bay

Greg Freedman and Daniel Lebensohn, Co-CEOs of BH3 Management, shared their excitement: “Watson Island is poised to become a vibrant destination for all, boosting Miami’s economy and offering a new gathering spot for the community. We’re honored to bring this vision to life and integrate Watson Harbour into the city’s fabric.”

Nitin Motwani and Dev Motwani, co-Managing Partners at Merrimac Ventures, emphasized the project’s focus on public spaces: “As Downtown Miami grows, the need for additional public spaces is clear. Our waterfront promenade will provide a beautiful new area for the community to enjoy. This project offers a chance to create a valuable asset for Miami, enhancing its resilience and appeal.”

The proposal will be presented to voters during the 2024 General Election on November 5, with Early Voting starting in October. The ballot question will ask voters to approve amendments to the City Charter, including the sale of 3.2 acres of leased property at fair market value, reduction of overall development, and authorization of the project with no cost to the city.

Dolce&Gabbana 888 Brickell

Construction Update for 888 Brickell by Dolce&Gabbana

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Dolce&Gabbana 888 Brickell

JDS Development Group just filed a dry run demolition permit at the highly anticipated Brickell site, where plans for the 90-story supertall condo hotel, 888 Brickell by Dolce&Gabbana. Although this is just a preliminary step, it marks significant progress in the development process.

The filed permit indicates there is currently no contractor attached to the project. However, a permit expediter has been listed as the contact, facilitating the process. Alongside this, there is also a separate permit pending to install a fence around the property, ensuring the site’s security and preparation for future construction activities.

Back in April, JDS Development Group completed the purchase of the property for an impressive $61.2 million. This acquisition has paved the way for a remarkable collaboration with renowned fashion house Dolce&Gabbana. Together, they plan to bring to life a 90-story condo hotel that promises to redefine luxury living in Miami.

Standing at a staggering 1,049 feet, this new building is set to become the tallest in Miami. Esteemed architect Studio Sofield is at the helm of this ambitious project, ensuring a design that combines elegance, innovation, and functionality. The tower will boast 250 rooms and suites, offering unparalleled views and world-class amenities.

The collaboration between JDS Development Group and Dolce&Gabbana, along with the architectural prowess of Studio Sofield, promises to create a new landmark in Miami’s skyline. This 90-story supertall condo hotel is not just a building; it’s a statement of luxury, sophistication, and modern living.

Clear Residences in Downtown Miami

Introducing Clear Residences in Downtown Miami

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Clear Residences in Downtown Miami

Toronto-based Blutrich Holdings, spearheaded by real estate mogul Gil Blutrich, is set to transform Downtown Miami’s skyline with their latest venture, Clear Residences. This ambitious project proposes a 60-story mixed-use building situated at 130 Southeast 1st Street, a prime location in the heart of the Central Business District.

Clear Residences is designed to be a nearly 690-foot-tall architectural marvel, encompassing approximately 666,432 square feet. The structure is planned by Kobi Karp Architecture & Interior Design, with landscape architecture by KEITH. The project aims to offer 549 residential units alongside 3,622 square feet of ground-floor commercial space. Furthermore, residents will enjoy nearly 40,000 square feet of amenities and a parking garage designed to hold 157 vehicles. The Miami Urban Development Review Board is expected to review the project proposal on May 15.

Currently, the site operates as a surface parking lot, covering about 23,750 square feet or 0.55 acres, bordered by SE 1st Street and SE 2nd Street, with SE 1st Avenue and SE 2nd Avenue flanking its sides.

The design of Clear Residences aims to blend seamlessly with the urban fabric of Downtown Miami while standing out with its modern architectural elements. The building is characterized by sleek, curved corners and a striking glass façade. A unique feature of the design is the building’s rooftop, which includes landscaped terraces that provide a stunning contrast to its linear structure, enhancing the visual appeal and reducing the massiveness of the tower.

The tower’s position within the city allows it to capture breathtaking views from Biscayne Bay towards the west, emphasizing its prominence in the city’s landscape. The architectural renderings reveal a structure that honors the area’s vibrancy while contributing to the skyline’s dynamic evolution.

Several detailed renderings showcase the building’s intricate fenestration and façade, which includes vertical columns wrapped in golden metal, wrap-around frameless glass guardrails, and floor-to-ceiling windows. The bronze aluminum cladding panels add a touch of elegance and modernity to the overall design.

Blutrich Holdings has requested several waivers to facilitate this project, including increased lot coverage and adjustments to building setbacks and frontage access. These requests are aligned with recent amendments to local zoning codes, aiming to accommodate the unique design and structural requirements of Clear Residences.

Clear Residences is poised to be a significant addition to Miami’s downtown area, offering luxury living combined with breathtaking designs and state-of-the-art amenities. As the review date approaches, all eyes will be on how this project will further shape the future of Miami’s urban landscape.

Oak Park Tower by Turnberry

One Park Tower by Turnberry: A New Residential Landmark in North Miami

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Oak Park Tower by Turnberry

North Miami is set to be home to a new architectural gem—One Park Tower by Turnberry. This 33-story residential development is currently under construction at 2411 Laguna Circle, within the expansive 184-acre master-planned community of SoLé Mia. The tower, designed by the renowned architectural firm Arquitectonica and developed by Aventura-based Turnberry, promises to be a significant addition to the area, standing at a striking height of 370 feet.

One Park Tower broke ground in January and is projected to offer 869,000 square feet of space, which includes 299 condominium residences. It’s strategically positioned south of the community’s 7-acre lagoon and east of SoLé Mia Way, integrating seamlessly with its surroundings.

The Federal Aviation Administration (FAA) has played a crucial role in ensuring that the construction of One Park Tower adheres to safety standards, particularly concerning air navigation. The FAA issued five building permits for the tower on April 25, valid for 18 months until October 25, 2025. This approval confirms that the tower, at 370 feet above ground or 390 feet above mean sea level, does not exceed obstruction standards and poses no hazard to air navigation.

Additionally, the FAA has approved the installation of two tower cranes at the site, each set to rise to 470 feet above ground level, further facilitating the tower’s construction without compromising safety.

The residences at One Park Tower will offer a range of one-, two-, and three-bedroom units, including luxurious penthouses. Designed by Meyer Davis, these homes will feature high ceilings, dens, wrap-around terraces, and oversized master bedrooms with expansive walk-in closets. The property will also benefit from the landscaping expertise of DS Boca.

A standout feature of One Park Tower is Laguna Solé, a large swimmable lagoon complemented by a beach area, providing a unique aquatic experience to the residents. The development will also include 37 acres of green space, eight miles of biking and running trails, a private swimming pool, pickleball courts, and a state-of-the-art wellness center offering a range of fitness and spa services.

For added convenience, the tower will house co-working spaces, a library, event rooms, a climate-controlled wine room, and a dedicated children’s playroom. Security is a priority, with gated entry and 24-hour security in place, along with a secured parking garage that includes electric charging stations.

Turnberry has secured a substantial $172 million construction loan for the project, with the construction being carried out by Juneau Construction Company. Completion is anticipated in 2026, marking One Park Tower as a future landmark that promises luxury living in a dynamic community setting.

The Julia Residences in Miami

Unveiling The Julia Residences in Miami

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The Julia Residences in Miami

Miami’s skyline is a testament to its ever-evolving narrative, each tower a chapter in the city’s vibrant history. And now, a new landmark joins the ranks, marking not just another building but a new beginning for Allapattah. The Julia Residences, standing tall at 14 stories, has officially opened its doors, welcoming its first residents into a world of luxury and convenience.

Developed by Lissette Calderon’s visionary Neology Life Development Group, The Julia Residences represents a $100 million investment in the heart of Miami. With 323 meticulously crafted units and 13,000 square feet of street-level retail space, this towering marvel promises to redefine urban living in the Allapattah district.

Inspired by the legacy of Julia Tuttle, the city’s founding mother and businesswoman, every aspect of The Julia Residences pays homage to her vision and tenacity.

Day one saw 25 eager residents call The Julia home, marking the beginning of a vibrant community that promises too flourish with each passing day.

Behind every great building lies a team of dedicated professionals, and The Julia Residences is no exception. Spearheaded by JAXI Builders, Inc. as the general contractor, with Behar Font Architects lending their expertise in design, and designBAR crafting interiors that blend elegance with functionality. Meanwhile, Witkin Hultz Design has masterfully curated the outdoor spaces, creating lush green retreats amidst the urban landscape.

Strategically located within walking distance of a Metrorail Station and just blocks away from Jackson Memorial Hospital, The Julia Residences offers unparalleled connectivity and convenience. It’s not just a place to live; it’s a gateway to everything Miami has to offer.

But Neology Life Development Group’s vision extends far beyond The Julia. With the impending completion of Fourteen Allapattah Residences slated for Q3 of 2024, the developer is set to further redefine the district’s skyline. With a portfolio boasting over 1,000 apartments recently built or under construction in Miami’s urban core, and plans for an additional 1,600 units in the pipeline.

Una Residences Miami

Una Residences Tops Off Construction

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Una Residences Miami

Brickell, Miami’s dynamic urban core, is witnessing a transformative moment with the rise of Una Residences, a beacon of luxury and sophistication. The latest update heralds a significant milestone in the project’s journey as construction has recently reached its peak, crowning Una Residences at an impressive 47 stories tall. This architectural marvel, designed by the esteemed Adrian Smith + Gordon Gill (AS+GG) in collaboration with Revuelta Architecture International, stands tall as Brickell’s first waterfront residential development in over a decade.

Perched at 579 feet, Una Residences offers a breathtaking panorama, showcasing unobstructed vistas of the Atlantic Ocean, Key Biscayne, and the glittering skyline of Downtown Miami. With its prime location at 175 Northeast 25th Road, nestled within the serene South Brickell enclave, Una Residences epitomizes exclusivity and luxury.

Developed by the visionary partnership of OKO Group and Cain International, Una Residences has captured the imagination of discerning buyers, reflected in robust pre-sales that have nearly sold out the tower. The allure of this ultra-luxury project is undeniable, as evidenced by the record-breaking sales of the upper tri-level penthouses, each fetching an impressive $17.75 million in 2022.

“This marks a pivotal moment for our team,” remarked Vlad Doronin, Chairman and CEO of OKO Group, and Jonathan Goldstein, CEO of Cain International, in a joint statement. “Una Residences introduces a one-of-a-kind building to the Brickell City skyline, offering a luxury living experience unparalleled in the South Florida market.”

Una Residences presents a curated selection of 135 spacious condominiums, ranging from two to five bedrooms, with sizes varying from 1,100 to 4,786 square feet. At the pinnacle of luxury are the two upper tri-level penthouses, each spanning approximately 7,089 square feet and boasting an additional 2,871 square feet of outdoor terrace and rooftop space. These exclusive retreats feature private pools, a summer kitchen, sauna, and steam room, epitomizing the epitome of opulence.

The allure of Una Residences extends beyond its luxurious interiors, with an array of world-class amenities to elevate residents’ lifestyles. From a private marina and three swimming pools to a children’s splash pad area, movie theater, and resort-inspired spa, every aspect of living at Una Residences is meticulously crafted for unparalleled comfort and indulgence. Residents will also enjoy exclusive membership to the prestigious Grand Bay Club on the beachfront of Key Biscayne, further enhancing the allure of waterfront living.

Una Residences is not merely a standalone project but a testament to the commitment of OKO Group and Cain International to redefine luxury living across South Florida. As part of an extensive portfolio, including the recently completed Missoni Baia and the upcoming 830 Brickell and One River, Una Residences stands as a testament to the partners’ unwavering dedication to excellence.

Behind the scenes, a team of renowned engineers and architects, including DeSimone Consulting Engineers, VSN Engineering Inc., HNGS Consulting Engineers, and Enea Garden Design, ensures that Una Residences stands as a pinnacle of structural integrity and aesthetic brilliance.

With construction anticipated to be completed in early 2025, Una Residences is poised to become the crown jewel of Brickell’s skyline, setting a new standard for luxury living in South Florida. As the final touches are added to this architectural masterpiece, anticipation mounts for the unveiling of a new era in waterfront living.