Ytech Secures $104 Million Financing for The Residences at 1428 Brickell
Miami’s real estate landscape is about to receive another jewel in its crown as Ytech, a prominent developer, announces securing a staggering $104 million in financing for The Residences at 1428 Brickell. Nestled in the heart of Miami’s Brickell Financial District, this 70-story residential masterpiece promises to redefine luxury living in one of the city’s most coveted locations.
Designed by the renowned firm Arquitectonica, with interiors crafted by ACPV Architects and landscaping envisioned by Arquitectonica GEO, The Residences at 1428 Brickell stand tall at 861 feet. Boasting an impressive 40% in sales within a year, this project has already captured the attention of luxury buyers, signaling a promising future ahead.
The recent financial infusion, orchestrated by Linkvest Capital and Banesco, with $78 million in refinancing and an additional $26 million in first mortgages, propels this development into its subsequent phases with unwavering momentum. Spearheaded by John Moriarty & Associates as the general contractor, the project is set to undergo demolition and construction, marking a significant milestone in its journey towards completion.
“We continue to successfully hit our targets in sales, finance, and construction for this project, surpassing 40% in sales within a year, securing $104 million in financing, and commencing the demolition process,” said Yamal Yidios, CEO of Ytech. “As we approach groundbreaking, we are determined to deliver the highest-quality project in Brickell.”
The Residences at 1428 Brickell will offer 189 meticulously crafted residences, ranging from two to four bedrooms plus a den, priced from $2 million to $7 million. Each unit, spanning between 1,800 to 4,000 square feet, is designed to maximize light and space, embracing a true flow-through configuration to enhance the living experience.
One of the crown jewels of this development is the $60 million penthouse, boasting 30-foot ceilings and offering unparalleled views of Biscayne Bay. Lower penthouses, starting from $8 million, further accentuate the allure of this luxurious offering.
In addition to the lavish residences, The Residences at 1428 Brickell will feature over 80,000 square feet of amenities, meticulously curated to elevate the lifestyle of its residents. From a sprawling 10,000-square-foot gym to a rooftop pool and a hot spa, every amenity promises to offer an oasis of relaxation amidst the vibrant cityscape. A two-story wine and fine art lounge, showcasing panoramic water and city views, further adds to the allure of this development.
The project is slated for completion in 2027.
M-Tower Construction Update: Building Towards Miami’s Future
At a recent gathering hosted by the Miami Parking Authority (MPA), developers of the eagerly anticipated M-Tower provided an insightful update on the project’s progress. Nestled in the heart of Miami, this architectural marvel is set to redefine the city skyline, and the latest developments shed light on the innovative strides being made.
The construction of M-Tower stands as a testament to collaboration between public and private entities. Situated on a blend of MPA land and adjacent private property owned by the developer, this fusion exemplifies synergy in urban development.
A significant milestone was reached with the recent demolition of an MPA garage, clearing the path for the grand ascent of M-Tower. This strategic move underscores the commitment to progress and innovation in urban planning.
In a bid for excellence, the developer has dedicated resources to value engineering, resulting in notable enhancements. The refined façade, enhanced balconies, and increased glazing reflect a dedication to superior aesthetics and functionality.
With an eye towards meeting growing demand, an additional 90 units have been integrated into the design. Emphasizing accessibility, all units will be available for rent, catering to diverse lifestyles and preferences.
In a bid for structural efficiency, an extra floor has been seamlessly incorporated into the design. This strategic addition not only enhances stability but also allows for innovative approaches to construction, such as reduced rebar usage and elevated ceilings.
While the footprint for amenities has been streamlined, the essence of luxury remains uncompromised. Spanning the ninth level, an array of upscale amenities awaits residents, including a lounge, co-working space, poker room, game room, grab-and-go options, pool lounge, pet spa, and expansive gym. Additionally, a dedicated health and wellness area promises rejuvenation with features like a sauna, steam room, experiential showers, and relaxation lounge.
Thanks to meticulous planning and refinement, the revised design circumvents the need for further review by the Urban Development Review Board, streamlining the path to realization.
In a bid for excellence, a private provider has been enlisted for plan review, ensuring adherence to the highest standards throughout the process.
The commitment to excellence is mirrored in the substantial investment made thus far, totaling $17.1 million. This financial dedication underscores the magnitude of the project and the vision driving its execution.
With the appointment of Moss Construction Group as the general contractor, confidence abounds in the project’s successful realization.
As the M-Tower continues its ascent, it stands not only as a symbol of architectural ingenuity but also as a testament to the collaborative spirit shaping Miami’s future. With each milestone achieved, the promise of a vibrant, dynamic urban landscape grows ever closer, beckoning residents and visitors alike to embrace the essence of modern living in the heart of the Magic City.
Bentley Residences Miami Breaks Ground
Bentley Motors, renowned for its opulent automobiles, is embarking on a groundbreaking venture that transcends the realms of automotive engineering. Teaming up with Dezer Development, Bentley is spearheading the creation of Bentley Residences Miami, an epitome of ultra-luxury waterfront living nestled in Sunny Isles Beach, Florida. This visionary project is not just about lavish accommodation; it’s a testament to sophistication, elegance, and the seamless integration of automotive excellence into everyday life.
At the heart of Bentley Residences Miami lies the innovative ‘Dezervator,’ a patented car elevator designed to cater to the needs of luxury car aficionados. Crafted with meticulous attention to detail, this hydraulic marvel ensures a seamless transition for residents and their vehicles from ground level to their private garage on their floor. With no buttons to press and no need to exit the vehicle, the ‘Dezervator’ epitomizes convenience and exclusivity, embodying Bentley’s commitment to elevating the living experience.
Rising majestically 61 stories above the Atlantic Ocean, Bentley Residences Miami exudes grandeur and sophistication at every turn. Boasting 216 exquisitely finished residential units, each residence offers a harmonious blend of indoor and outdoor living spaces, complemented by panoramic views of the ocean and waterways. From individual balcony swimming pools to floor-to-ceiling glass windows, every aspect of the design reflects a commitment to luxury and refinement.
Elevating the culinary experience to new heights, Bentley Residences Miami introduces a residents-only private restaurant helmed by celebrity chef Todd English. With a menu curated to tantalize the taste buds of the most discerning connoisseurs, residents can indulge in a gastronomic journey unlike any other. Additionally, an array of exclusive amenities awaits, including a whiskey and cigar lounge, wellness spa, cinema, and oceanfront beauty salon, ensuring a lifestyle of unparalleled luxury and comfort.
Conceptualized by Dezer Development and brought to life by the world-renowned architectural firm Sieger Suarez Architects, this masterpiece seamlessly integrates Bentley’s luxury design ethos with the residential experience. From the sleek exterior facade to the meticulously crafted interiors, every detail reflects a commitment to uncompromising quality and sophistication.
With an estimated completion date in 2027, Bentley Residences Miami is poised to redefine the landscape of luxury living. From its iconic ‘Dezervator’ car elevator to its unrivaled amenities and world-class hospitality, this visionary project sets a new standard for affluent living on the beachfront. As Bentley and Dezer Development continue to push the boundaries of innovation and luxury, Bentley Residences Miami stands as a beacon of automotive excellence and architectural splendor, inviting discerning individuals to experience the epitome of opulence firsthand.
Mercedes-Benz Places Residential Tower Unveiled in Miami’s Brickell
Miami, renowned for its vibrant culture, stunning beaches, and eclectic architecture, is about to witness a groundbreaking addition to its skyline. JDS Development Group, a trailblazing force in urban development, has joined forces with the iconic Mercedes-Benz to unveil a revolutionary project: Mercedes-Benz Places in Miami. This 67-story marvel promises to redefine luxury living in the heart of Brickell, setting new standards in urban design and sustainability.
At over 2.5 million square feet, Mercedes-Benz Places will represent a collaboration between two visionary entities, merging the ethos of innovation and sophistication. Spearheaded by Michael Stern, Founder & CEO of JDS Development Group, and Eva Wiese, Head of Mercedes-Benz Customer Solutions GmbH, this project is poised to leave an indelible mark on Miami’s landscape.
Mercedes-Benz Places in Miami isn’t just a collection of residences; it’s a meticulously crafted community designed to enhance every facet of urban living. Boasting 791 residences ranging from studios to three-bedroom condominiums, each unit offers panoramic views of Miami, Biscayne Bay, and the Atlantic Ocean. Beyond its residential offerings, the tower will feature 130,000 square feet of amenities and hospitality space, 200,000 square feet of office space, a 174-key hotel, retail outlets, and ample on-site parking.
What sets Mercedes-Benz Places apart is its commitment to innovation and sustainability. The project incorporates cutting-edge mobility solutions, including EV charging stations, valet parking, and bike-sharing programs, ensuring residents embrace a seamless urban lifestyle. Moreover, sustainability lies at the core of its design, with initiatives such as energy-efficient production and water conservation contributing to a greener, more eco-conscious community.
At the heart of Mercedes-Benz Places lies its architectural marvel—a striking, cube-shaped tower that seamlessly integrates into Miami’s skyline. Designed in collaboration with award-winning SHoP Architects, the structure embodies Mercedes-Benz’s design philosophy of Sensual Purity. Inspired by Miami’s dynamic spirit, the building’s stacked-box design reflects a balance of emotion and intelligence, creating a timeless aesthetic that captivates the senses.
Gorden Wagener, Chief Design Officer at Mercedes-Benz AG, elaborates on the project’s design ethos, stating, “Our distinctive style is Sensual Purity, a philosophy rooted in the duality of emotion and intelligence. With Mercedes-Benz Places in Miami, we’ve crafted a landmark that pays homage to German design traditions while embracing Miami’s vibrant energy.”
Mercedes-Benz Places isn’t just shaping the future of urban living—it’s revitalizing the Brickell neighborhood. Through collaborations with urban landscape designers and a commitment to environmental stewardship, the project aims to transform Southside Park into a lush, green oasis. By incorporating native vegetation and sustainable practices, Mercedes-Benz Places seeks to create a healthier, more vibrant community for residents and visitors alike.
As construction progresses, Mercedes-Benz Places in Miami is poised to become a symbol of excellence and innovation—a testament to the power of collaboration and visionary thinking. With occupancy slated for 2027, this iconic development promises to redefine luxury living in Miami for generations to come.
Indian Creek Residences & Yacht Club Miami Breaks Ground
Miami’s Bay Harbor Islands are about to witness a transformation like never before, courtesy of Landau Properties. Breaking ground on the highly anticipated Indian Creek Residences & Yacht Club, this new residential development is set to redefine luxury living on the south shore of Miami. With Landau Properties at the helm, alongside a team of visionary designers and industry experts, Indian Creek Residences & Yacht Club promises to be a game-changer in Miami’s real estate landscape.
The excitement surrounding this development reached new heights with the recent record-breaking sale of its penthouse, fetching an undisclosed price that shattered previous records. This achievement only adds to the anticipation surrounding the project, further solidifying its status as one of the most desirable addresses in Miami.
At the heart of this ambitious project are the founding executives of Landau Properties: Jonathan Landau, DC Lowinger, and Yaeli Lowinger. Joined by esteemed figures such as Linda Zarifi of Zarifi Design, Kobi Karp of Kobi Karp Architecture and Interior Design, this collaboration of talent ensures that Indian Creek Residences & Yacht Club will set a new standard for luxury living in Miami.
Jonathan Landau, Founder and CEO of Landau Properties, expressed his excitement about this milestone, emphasizing the project’s innovative design and unparalleled waterfront location. With its seamless integration of luxurious amenities and cutting-edge architecture, Indian Creek Residences & Yacht Club promises to captivate the market and redefine waterfront living in Miami.
Designed by renowned architect Kobi Karp, the building’s distinctive curves pay homage to Bay Harbor Islands’ rich history of mid-century modern design, setting it apart from Miami’s conventional skyline. Boasting nine luxury condominiums and six private yacht slips, the development offers a rare opportunity to experience the epitome of waterfront living, complete with unobstructed views of Indian Creek Island and Country Club.
Beyond its breathtaking residences, Indian Creek Residences & Yacht Club offers a wealth of resort-style amenities designed to enhance residents’ quality of life. From a world-class spa and state-of-the-art fitness center to an outdoor yoga lawn and landscaped rooftop terrace with a pool, residents will enjoy a lifestyle of unparalleled luxury and relaxation.
With prices starting at $5.6 million for a half-floor home, Indian Creek Residences & Yacht Club represents a rare opportunity to own a piece of Miami’s most coveted waterfront real estate. As construction gets underway, anticipation is mounting for what promises to be a new era of luxury living in Miami’s Bay Harbor Islands.
Tech Tower: Elevating Miami’s Sweetwater Neighborhood with Innovative Living
Miami’s Sweetwater neighborhood is on the brink of a transformative development with the recent approval of Tech Tower, a pioneering 23-story building designed to cater to a diverse community. This ambitious project is set to offer 170 units, with a significant portion, 20% (34 homes), dedicated to workforce housing, making it a beacon of inclusivity in the area.
Tech Tower is poised to redefine urban living with its array of communal amenities designed to foster a sense of community and well-being among its residents. The inclusion of a yoga lawn and fitness studio speaks to the growing demand for wellness-oriented living spaces, while the residents’ lounge, rooftop pool deck, and club room promise leisure and relaxation with a view. The building’s design also thoughtfully incorporates 4,202 square feet of retail space, promising convenience and accessibility to both residents and the surrounding community, though potential tenants have yet to be announced.
Strategically located at 10941 SW 7th Street, Miami, FL, 33174, just north of Florida International University (FIU), Tech Tower is not merely a student residence but a vibrant community open to all. The site, spanning 1.15 acres, was acquired by an affiliate of Global City Development and Gilu Development & Holdings for $10 million in June 2023 from Union Sweetwater FL LLC, showcasing a significant investment in the future of Sweetwater. The property’s value has nearly doubled since its last trade in 2018 for $5.2 million, underscoring the area’s growing appeal and potential.
The architectural vision for Tech Tower comes from the renowned firm Arquitectonica, known for its innovative and impactful designs. Alejandro Arias, the attorney representing the developer’s application, highlighted that the project aims to “incorporate elegant and refined architecture that will enhance the attractiveness and visual appeal of this important corridor near FIU, and the surrounding neighborhood.” This commitment to aesthetic and functional excellence is set to make Tech Tower a landmark of modern living in Miami.
As Tech Tower prepares to take shape on its 1.15-acre build site, it represents more than just a new housing option in Miami’s Sweetwater neighborhood. It stands as a testament to the evolving landscape of urban development, where community, inclusivity, and wellness are at the forefront. With its strategic location, innovative design, and comprehensive amenities, Tech Tower is poised to become a cornerstone of the community, offering a vibrant and inclusive living experience for all its residents.
As Miami continues to grow and evolve, projects like Tech Tower are pivotal in shaping the future of the city’s neighborhoods, offering a glimpse into a future where living spaces are more than just places to reside—they are communities designed to thrive.
Miami Riverbridge and Tower Development Unveiled in Downtown Miami
Miami is set to witness the rise of an architectural marvel that promises to redefine its skyline. The developers behind the ambitious Miami Riverbridge project have recently unveiled plans for a groundbreaking development that is poised to transform downtown Miami. With the launch of a dedicated website and an engaging video presentation, the vision for the skybridge, part of a three-tower development, has been brought to light, capturing the imagination of residents and onlookers alike.
At the heart of this transformative project are three towering structures, one of which is designated as a supertall building. These modern edifices are set to replace the current Hyatt Regency in downtown Miami. The highlight of the project is the “spectacular” Skybridge that will link the two non-supertall towers. Suspended an awe-inspiring 700 feet above the ground, this Skybridge is not just a feat of engineering; it is a statement piece, a monumental gateway that will be visible from every direction.
The Skybridge is envisioned as more than a mere passageway. It is set to house a destination restaurant and lounge, offering unparalleled views of the city and a unique dining experience that floats above the urban landscape. This feature underscores the project’s commitment to blending functionality with luxury, providing spaces that are not only useful but also extraordinary.
The Miami Riverbridge project is ambitious in its scope, aiming to introduce 1,500 new rental apartments to the area. In addition to residential spaces, the development will feature a North American flagship Hyatt Regency hotel, boasting 615 rooms, and 264 Hyatt-branded serviced hotel rooms.
One might wonder why the inclusion of a supertall tower is integral to the project. The developers have addressed this curiosity in their FAQ, explaining that the towering height is strategic. It allows for the creation of more public space at the ground level, enhancing the urban environment and community accessibility. Furthermore, the elevated stature of the supertall tower ensures that apartment residents enjoy superior views, adding value to the residential experience.
Despite the capability to construct all three towers at the supertall height of 1,049 feet, a decision was made to vary the heights of the buildings. This choice reflects a thoughtful approach to urban design, aiming to create a visually appealing skyline that is both dynamic and harmonious.
The Miami Riverbridge project is a testament to the city’s forward-thinking and its embrace of innovative architectural endeavors. With its landmark Skybridge, diverse mix of residential and commercial spaces, and commitment to enhancing public areas, the project is set to become a cornerstone of Miami’s urban landscape.
Redefining Skylines: Santander Tower’s Vision for a New Brickell Avenue
Miami’s bustling Brickell Avenue is set to witness a transformative development with the introduction of the Santander Tower, a project that promises to redefine the urban landscape and pedestrian experience of this vibrant district. Plans for this ambitious project have been unveiled, marking a significant milestone in the city’s architectural evolution.
The Santander Tower is not just another addition to Miami’s skyline; it’s a bold statement of innovation and sustainability. Slated to rise 40 stories, or 765 feet above ground (778 feet above sea level), this architectural marvel is designed to blend seamlessly with the urban fabric of Brickell, enhancing the pedestrian realm and setting new standards for office buildings in the area.
The journey towards realizing the Santander Tower begins with the demolition of an existing 14-story office building currently occupying the site. A total demolition permit application has been filed and is under review, paving the way for the construction of this groundbreaking project.
At the heart of the Santander Tower’s design philosophy is a commitment to enhancing the pedestrian experience along Brickell Avenue. The project aims to activate the ground level with a mix of civic spaces, plazas, outdoor seating at various levels, and enhanced landscaping. This approach not only enriches the street-level atmosphere but also fosters a sense of community and engagement among residents and visitors alike.
The Santander Tower will host an array of dining options, from casual eateries to fine dining restaurants, all located on the lower floors facing Brickell Avenue. Additionally, a multi-level urban club atop the building podium will offer exclusive leisure and entertainment options, further contributing to the tower’s allure as a lifestyle destination.
With a total of 612,918 square feet of Class A office space and 107,953 square feet dedicated to food and beverage outlets, the Santander Tower is poised to become a hub of business and gastronomy. The inclusion of 1,496 parking spaces addresses the practical needs of tenants and visitors, while the building’s LEED platinum certification underscores a commitment to environmental sustainability.
The realization of the Santander Tower is a collaborative effort involving some of the most respected names in architecture and design. Handel Architects of New York leads the design team, with contributions from Bernardi + Peschard Arquitectos (interior design), Rios and LandDesign (landscape architects), DeSimone (structural engineer), Cosentini (MEP/FP engineer), and Langan (civil engineer). This collective expertise ensures that the Santander Tower will not only be a visually stunning addition to Miami’s skyline but also a testament to innovative design and sustainable construction practices.
As Miami’s Urban Development Review Board prepares for a hearing on the proposal on February 21, the anticipation for the Santander Tower continues to build. This project represents a significant investment in the future of Brickell, promising to enhance the urban experience for those who work, live, and play in this dynamic district.
Introducing Wynwood Station: Miami’s Newest Luxury Mixed-Use Development
Miami’s skyline is ever-evolving, and the latest addition to its vertical landscape is the much-anticipated Wynwood Station. Situated just 2.4 miles from downtown Miami, this eight-story mixed-use development is poised to redefine modern urban living in one of the city’s most vibrant neighborhoods.
Wynwood Station promises an unparalleled living experience with its 210 luxury units, ranging from cozy studios to spacious two-bedroom residences. Each unit is meticulously designed, boasting premium finishes such as quartz countertops, frameless glass showers, and state-of-the-art stainless-steel appliances.
But luxury extends beyond the confines of individual units. Residents will have access to an array of amenities designed to enhance their lifestyle. From a convenient pet spa to a cutting-edge golf simulator, Wynwood Station leaves no stone unturned in providing residents with the ultimate in comfort and leisure. Additionally, a residents-only lounge, indoor and outdoor fitness centers, and more ensure that there’s something for everyone to enjoy.
The journey to bring Wynwood Station to life began in 2021 when FRC Realty, a subsidiary of the esteemed Fifield Companies based in Chicago, proposed the concept for this mid-rise tower.
After securing a $66.9 million construction loan in 2023 and acquiring the 1.41-acre build site for $19.5 million in 2022, the developers wasted no time in bringing their vision to fruition. Prior to groundbreaking, KAST Construction demolished existing structures on the site, paving the way for vertical construction to commence.
Wynwood Station isn’t just about residential living—it’s also set to become a hub of commercial activity. With over 11,000 square feet of commercial space incorporated into the development, residents will have easy access to a variety of retail and dining options right at their doorstep. Additionally, six levels of enclosed parking ensure convenient parking for both residents and visitors.
As construction progresses, anticipation is building for the completion of Wynwood Station in 2025. Located at 45 NE 27th St. in Miami-Dade County, this development is poised to become a landmark in the city’s ever-evolving skyline.
Aston Martin Residences’ Final Sky Penthouse Sold for $23 Million
In a striking testament to luxury and architectural grandeur, the final Sky Penthouse at the Aston Martin Residences has been sold for a breathtaking $23 million. This sale marks a significant milestone as the building edges closer to completion, solidifying its status as an iconic addition to the Miami skyline. Nestled on the Miami River, the Aston Martin Residences tower, a 69-story glass marvel standing 817 feet tall, redefines waterfront living with its elegant design and unparalleled amenities.
Unit 5901, the Sky Penthouse, is the epitome of luxury and spacious living. With 9,573 square feet of indoor space, this residence is a masterpiece of design, offering its inhabitants four bedrooms, seven baths, and two powder rooms. The layout is meticulously planned to cater to the most discerning tastes, providing a blend of comfort, style, and sophistication.
The Sky Penthouse goes beyond traditional luxury, featuring a family room, staff quarters, and a private gym. It promises an oasis of relaxation with an indoor pool, further enhanced by 3,324 square feet of outdoor terrace space. This brings the total area to an impressive 12,897 square feet, offering expansive views and a seamless blend of indoor and outdoor living.
Adding to its exclusivity, the purchase includes a bespoke Aston Martin Miami Riverwalk Edition DBX, marrying the luxury of Aston Martin with the prestige of waterfront living.
Located at 300 Biscayne Boulevard Way in Downtown Miami, the Aston Martin Residences Miami is a beacon of luxury, developed by G&G Business Developments. Since breaking ground in October 2017, the tower is on the brink of completion, promising to be a landmark of luxury living.
The tower boasts 391 residences, ranging from one to five-bedroom layouts, including the exclusive penthouse collection. Residents will enjoy over 42,275 square feet of sky amenities spread across four floors. These include a double-level fitness center with ocean views, an infinity pool, spinning studio, boxing gym, virtual golf room, art gallery, two cinemas, and a full-service spa, beauty salon, and barber shop.
As the tower nears completion, it not only enhances the Miami skyline but also sets a new standard for luxury living. The Aston Martin Residences Miami is not just a place to live; it’s a lifestyle, promising an unmatched experience for those who seek the pinnacle of luxury.
