Rising High: The HUB Miami Tower – Downtown’s Latest Beacon of Luxury and Connectivity
The HUB Miami Tower is an ambitious project that marks a collaborative effort by The John Buck Company, Florida Value Partners, BH Group, and PEBB Enterprises, showcasing their commitment to innovation and excellence. This 41-story mixed-use development, taking shape at 533 N.W. Second Avenue, Miami, Florida, is a joint venture between these four developers, who invested around $40 million in purchasing the 1.03-acre build site.
Situated in the heart of Downtown Miami, the HUB Miami Tower is poised to offer 306 luxurious residences, ranging from efficient studios to spacious two-bedroom apartments. The residential component is designed to offer first-class amenities that include a fitness center, spa, and a resort-style pool, integrating sleek architecture with modern living spaces and thoughtfully curated comforts.
Additionally, the HUB Miami will feature 245,000 square feet of Class-A office space, designed by ODP Architects with interiors by One Line Design Studio. This is part of a strategy to blend leisure and work within the same development. The tower is designed with a transit-oriented approach, which aims to provide a hyper-connected living experience, catering to the modern-day demands for accessibility and convenience.
The tower’s design includes residential units ranging in size from 394 to 1,046 square feet, situated on levels 22 and above, offering residents impressive views of the cityscape. The project is a testament to the evolving skyline of Miami and represents a significant investment in the city’s future as a hub for culture, business, and luxury living.
Arbor Residences Announces Construction Completion Date in 2024
The Arbor Residences, a high-end real estate development in Miami, Florida, presents a unique investment opportunity. This project, located at 3034 Oak Avenue in the prestigious Miami-Dade County, is now under the management of Arbor Grove Development LLC, following a strategic transfer of ownership from 3034 Oak Park LLC.
Originally launched in 2017, this five-story development faced challenges, leading to a halt in construction. However, with the new management, the project is back on track, aiming for completion by the third quarter of 2024. This turnaround story is typical of Arbor Grove Development LLC, known for successfully reviving projects on the brink of failure.
The Arbor Residences offer 45 luxury units, with sizes ranging from 1,450 to 3,000 square feet. The pricing starts at $1.4 million, a significant increase from the initial $799,000, reflecting the dynamic changes in the housing market over the past six years. This price adjustment also indicates a strong market demand and potential for substantial investment returns.
The development boasts high-end amenities, including a swimming pool, fitness center, and lounge, catering to an affluent clientele. The project’s location in a sought-after area of Miami enhances its appeal, making it an attractive proposition for investors looking to capitalize on luxury real estate.
As a hedge fund manager, this project offers a compelling investment opportunity. The combination of a strategic location, luxury amenities, and the potential for high returns, especially given the project’s recovery and growth trajectory under new management, makes The Arbor Residences a noteworthy addition to any investment portfolio.
Behar Font & Partners, a renowned architectural firm based in Coral Gables, is behind the design of The Arbor Residences. Their involvement adds an extra layer of credibility and aesthetic appeal to the project. With 36 active projects, their expertise in luxury residential developments is well-established.
New Residential Tower Announced in Edgewater-2900 Terrace
A new residential high-rise is poised to redefine the skyline of Miami’s Edgewater neighborhood, presenting a potential investment opportunity. The blueprint, which is currently under the scrutiny of Miami’s Urban Development Review Board, envisions a 38-story edifice, soaring to a majestic 380 feet.
This ambitious project is slated to encompass a total of 324 upscale residential units, with an average size of 1,069 square feet, tailored to meet the expectations of a sophisticated clientele. Approximately 22,354 square feet allocated for office spaces, designed to cater to high-end professional services.
An additional 13,108 square feet dedicated to commercial ventures, likely to attract premium retail brands. Over 10,000 square feet of park and plaza areas, meticulously planned to foster community engagement and vibrant pedestrian dynamics. A substantial parking structure offering 515 spaces across four levels, levels 2 through 5, featuring an aesthetically pleasing artistic screen.
The landscape architecture is set to feature an array of indigenous trees, selected not only for their compatibility with the local climate but also for their capacity to offer ample shade, enhancing the pedestrian experience. The architectural vision for this tower comes from the renowned firm Arquitectonica, known for their innovative designs that blend functionality with visual appeal.
The development is being spearheaded by 2900 Terrace Owner, LLC, a name that may soon become synonymous with luxury living in Miami. The proposal is scheduled for review on November 15th by the UDRB, marking a date of significance for investors looking to capitalize on Miami’s thriving real estate market.
Waldorf Astoria Residences Miami-A $50 Million Penthouse Epitomizing Luxury and Investment Potential
In the heart of Miami, an architectural masterpiece rises, setting a new benchmark for luxury living and investment opportunities. The Waldorf Astoria Residences Miami, an iconic structure unparalleled in its design, has unveiled its crown jewel: a $50 million penthouse located in its ninth cube. This penthouse doesn’t just offer a residence; it offers a statement, positioning its inhabitants atop the highest residential edifice south of the Big Apple.
This penthouse is more than just a living space; it’s a testament to opulence and strategic investment. Spanning 13,119 square feet, it boasts features that cater to the discerning tastes of hedge fund magnates: a private gym for those early morning workouts, a theatre for private screenings, a wine room showcasing the world’s finest vintages, and a library that can double as a space for strategic meetings. The 360-degree views encompassing Miami Beach, Downtown Miami, and the vast expanse of the Atlantic Ocean are bound to inspire and invigorate its residents.
The penthouse’s design is both lavish and functional, with six spacious bedrooms, nine state-of-the-art bathrooms, and expansive floor-to-ceiling windows that flood the space with natural light. The primary suite is a haven, complete with luxury walk-in closets and Italian-crafted marble-finished vanities. The flexibility to tailor spaces, be it a personal gym or a contemporary kitchen, adds a personal touch, ensuring that each resident’s unique needs are met. The renowned design firm, BAMO, has lent its expertise to the interiors, ensuring that every inch exudes sophistication.
The Waldorf Astoria Residences Miami itself is a marvel, with its nine offset glass cubes enveloped in a shimmering “glass skin.” This 1,049-foot tower will house 360 private residences, alongside 205 guestrooms and suites that form part of the luxury hotel. The hotel’s signature spaces, private amenities, and the renowned Peacock Alley of the Waldorf Astoria brand are all housed within the first three cubes. The visionary design was a collaborative effort between Sieger Suarez Architects and the illustrious architect Carlos Ott.
For those who seek exclusivity, the tower offers a plethora of amenities. From a resort-style pool deck, holistic wellness spa, and a state-of-the-art fitness center to an owners-only lobby and bar, every detail has been meticulously curated. The integration of the latest smart home technology via a dedicated mobile app ensures that residents have access to a myriad of services at their fingertips, from spa reservations to dog walking services.
Hilton Management Services, known for its commitment to unparalleled service, will manage the Waldorf Astoria Residences Miami. This ensures that both residents and visitors experience the epitome of luxury and world-class experiences.
If you or someone you know have an interest in purchasing at Waldorf Astoria Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
MG Developers Break Ground on the Village at Coral Gables
The Village at Coral Gables is a highly anticipated residential development that just broke ground. The development pays homage to the aesthetic beauty and way of life of Seville, Spain, and carries on the legacy of the dreamer and founder of Coral Gables, George Merrick, and his vision.
This unique enclave’s construction was officially launched on Saturday, September 16th during the groundbreaking ceremony at 504 Malaga Avenue. More than 600 distinguished guests attended the event, including Coral Gables Mayor Vince Lago, Coral Gables Chamber of Commerce President Mark Trowbridge, the project’s exclusive sales partner, One Sotheby’s International Realty’s Founder and CEO Mayi de la Vega, and President Daniel de la Vega, as well as local buyers and residents.
After the groundbreaking ceremony, visitors were treated to a memorable experience at the appropriately called “The Village Harvest Festival.” Families and neighborhood residents gathered for the celebration of the fall season and the opening of The Village at Coral Gables from 10:00 a.m. to 2:00 p.m. The event included a farmer’s market with regional artisans and entertaining carnival games like face painting and bounce houses.
The 17 parcels that make up The Village at Coral Gables will be surrounded by Segovia Street, Hernando Street, Santander Avenue, and Malaga Avenue. From chic two-bedroom flats with a study area and a balcony to attractive four-bedroom townhomes that range in size from 1,750 square feet to 3,100 square feet, the townhomes, lofts, villas, and flats will vary in style and size. The Village at Coral Gables, created by De La Guardia Victoria Architects & Urbanists, will be developed in a Mediterranean Revival-Style Architecture, including gardens, courtyards, and fountains inspired by the alcoves in the Plaza de Espaa, and be modeled after Merrick’s seven communities.
A wellness clubhouse, indoor and outdoor terrace lounges, a workout wing, a plunge pool, a library, a conference center, and high-speed Wi-Fi are just a few of the recreational amenities available to residents. These amenities redefine modern living in the historic Coral Gables neighborhood. The Village at Coral Gables provides residents with the best of South Florida life because it is located close to Downtown Coral Gables, golf courses, the Lowe’s Hotel, the Biltmore Hotel, cultural attractions, and renowned culinary establishments.
Construction is expected to be completed by 2024. If you or someone you know have an interest in purchasing at the Village of Coral Gables, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Abbhi Capital Breaks Ground on 2 Million Square Foot Development at Miami Worldcenter
With a ground-breaking of a 2 million square foot mixed-use development that includes the area’s first significant office building, Abbhi Capital plans to revolutionize Miami Worldcenter.
On September 20th, the city’s Urban Design Review Board will consider the expansive project, which consists of a 59-story residential tower and a 33-story office tower joined by a shared podium with plenty of parking. The property was purchased by SanaProperty8LLC, an affiliate of Abbhi Capital, for a total of $44 million between 2020 and 2021. It is located at 1001 N.E. First Ave. The development will have 1,319 spacious parking places, 7109 square feet of retail and dining space, 368,362 square feet of available commercial space, and 558 residential units.
An amenities deck including a pool, jacuzzi, pickleball courts, fitness center, coworking spaces, media room, and even a dog grooming station will be available to residents and renters on the 12th level. The construction intends to accommodate a variety of lifestyles with the majority of residential apartments beginning on the second floor and ranging from small 570-square-foot studios to roomy three-bedroom residences covering 1,562 square feet.
Ten city blocks make up Miami Worldcenter, which is next to Museum Park, which is home to the Frost Museum of Science and Pérez Art Museum Miami, as well as the FTX Arena, Adrienne Arsht Center for the Performing Arts, and Wolfson Campus of Miami Dade College. Miami Worldcenter is the largest and best-connected transit-oriented development in Florida thanks to its proximity to Brightline’s MiamiCentral station, which provides direct train service to Fort Lauderdale, West Palm Beach, and Orlando and access to Tri-Rail, the Metromover, and the Metrorail.
Bon Appétit Names Peruvian Restaurant in Miami Top Best New Restaurants in the Country
The 24 Best New Restaurants of 2023 have been published by Bon Appétit, and Maty’s in Midtown is the only establishment in Florida to make the list. The well-liked Peruvian-Japanese Itamae inside a Design District food hall was founded by Chef Valerie Chang, her brother Nando, and her father Fernando in 2018.
It bears the name of Chang’s grandmother as a culinary tribute to the value of family, which has always been a guiding principle for the Changs.
According to Kate Kassin of Bon Appétit, “Miami chef Valerie Chang is getting personal.” “She wanted to make a place where she could celebrate the culinary customs of Peru in memory of her grandmother Maty. Chang is the driving force behind this new endeavor, dishing up warm and hearty meals like the fluffy tortitas de maiz and a vivid cebiche mixto with black grouper and crisp calamari. A complete roasted dorade sits beautiful on an ode-worthy aj amarillo beurre blanc, while a fried snapper arrives wrapped dramatically around fish nuggets dusted with cornmeal.”
A gallery of family pictures and heirlooms are displayed on the walls of the stylish, spacious dining area. Therefore, Maty’s is very much a family business even though Chang’s idea may have inspired its creation. Food & Wine has named Val and Nando Chang as some of the “Best New Chefs in America 2023.”
For the Chang family, this is a busy moment to make the announcement. Val and Nando Chang visited New York earlier this week to celebrate being listed by Food & Wine as one of the country’s best chefs. Itamae, a freestanding restaurant that first opened in 2020, closed last month and was replaced by Fernando Chang’s B-Side, a fast-casual sushi restaurant owned by the Chang family.
By the end of the year, Itamae Ao, a new Itamae, will reopen in Midtown as an omakase experience next to Maty’s. Itamae was mentioned by Bon Appétit earlier this year as one of the factors in Miami’s selection as the “food city of the year.”
Mary’s is located at 3255 NE First Ave., Miami with hours ranging from 4-10 p.m. Wednesday through Thursday and Sunday and 4-11pm Friday through Saturday.
New Restaurants to Open at Miami Worldcenter in 2024
The long list of tenants at Miami Worldcenter, a $6 billion, 27-acre mixed-use complex remaking the center of Downtown Miami, will grow by four national food and beverage concepts.
A dual-concept location for BurgerFi and Anthony’s Coal Fired Pizza & Wings has been signed by the development’s ownership group, as well as leases with Serafina, an internationally renowned Italian restaurant group founded in New York City; Sixty Vines, a sustainable restaurant with an exciting wine-on-tap program and food inspired by vineyards.
The development’s exceptional lineup of recently opened food and beverage outlets, which already includes three concepts from Michelin-starred Chef Michael Beltran of Ariete Hospitality Group’s Brasserie Laurel, Chug’s Express, and El Vecino Cigar & Cocktail Bar, as well as two more eateries anticipated to open soon, Earls Kitchen & Bar and Chicago’s Maple & Ash, will be strengthened by the development’s newest restaurants, which are anticipated to open in 2024.
The 300,000 square feet of retail, dining, and entertainment space at Miami Worldcenter, one of the largest privately owned and developed urban real estate developments in Florida, complement the diverse mix of residential, commercial, and hospitality uses that it offers. Approximately 84% of the retail space in the property is leased. In collaboration with CIM Group, Miami Worldcenter is being built by master developers Miami Worldcenter Associates, headed by Managing Partners Art Falcone and Nitin Motwani.
Ten city blocks make up Miami Worldcenter, which is next to Museum Park, home to the Frost Museum of Science and Pérez Art Museum Miami, Adrienne Arsht Center for the Performing Arts, and Wolfson Campus of Miami Dade College. Miami Worldcenter is the largest and best-connected transit-oriented development in Florida thanks to its proximity to Brightline’s MiamiCentral station, which provides direct train service to Fort Lauderdale, West Palm Beach, and Orlando and access to Tri-Rail, the Metromover, and the Metrorail.
Miami Freedom Park Begins Construction- Set to Open in 2025
Miami Freedom Park development has officially started construction, with the groundbreaking ceremony scheduled to take place later this year. The Miami Freedom Park development will include the Inter Miami CF stadium, a 58-acre public park, and an entertainment zone spreading over 131 acres with a 25,000-seat soccer-specific stadium at 1802 Northwest 37th Avenue in Grapeland Heights, Miami.
A 58-acre public park, the largest new park in Miami, youth athletic fields, a full range of entertainment and commercial offerings, including office space, a hotel, shops, restaurants, and additional experiences and attractions are all included in the privately funded recreational project.
A construction crew is currently working on-site in preparation for vertical construction. Miami Freedom Park’s first phase will advance quickly during this multi-phase project. Both the rehabilitation proposal for the former Melreese Country Club and the lease for Miami Freedom Park have previously received approval from the City of Miami Commission and the general public.
In order to improve this iconic new destination for Miami, leasing and commercial partnership efforts are being made to entice best-in-class partners, tenants, and retailers, including existing and developing brands and companies.
At the beginning of the year, Inter Miami CF ownership hired Devon McCorkle, a seasoned megaproject and sports-anchored real estate investment and development veteran, to head the initiative as President of Miami Freedom Park. For Miami Freedom Park to reach this milestone and advance the project into the execution phase once it has finished the planning and approvals phase, Devon has further assembled a team of best-in-class design, engineering, project management, and construction firms.
Miami Freedom Park will bring further retail, hotel, and commercial phases through 2030 when the stadium is delivered in 2025, along with the initial retail and entertainment services.
Miami-based architecture firm Arquitectonica, international arena and stadium design company Manica, and industry-leading large-scale stadium project managers CAA Icon make up the renowned Miami Freedom Park team.