Location Ventures Breaks Ground on URBIN Miami Beach
URBIN Miami Beach has officially broken ground. With developer Location Ventures, the achievement signifies the start of construction for the first-to-market mixed-use brand, which mixes design-forward residential units for short- or long-term rental with coworking spaces, wellness amenities, social activations, and lifestyle-oriented retail, all at one central address.
For the official groundbreaking event, which took place at the project site, 1260 Washington Ave., Location Ventures, development partners, and city representatives, Miami Beach Commissioner Alex Fernandez, Washington Avenue Business Development Executive Director Troy Wright, and Miami Beach Mayor Dan Gelber were among the distinguished visitors.
The URBIN brand portfolio’s initial property, URBIN Miami Beach, has a second location in Coconut Grove, with ambitions to expand to other U.S. cities. Once completed, URBIN Miami Beach will be a 69-unit tower with a number of wonderful amenities.
The development sold out quickly and drew a wide range of buyers from Latin America and Europe. 90% of the homes at URBIN Coconut Grove have already been sold, and construction is scheduled to begin at that location in 2023.
The fully furnished units at URBIN Miami Beach range in size from 275 square feet for studios to 1,334 square feet for four bedrooms with partial ocean views. Community, collaboration, and networking will be facilitated via shared spaces, such as a common kitchen, dining area, and living room. Exclusive access to a lease-back arrangement allowing up to 90 nights per year on the property will be available to unit owners only.
Tower Amenities
Valet parking
Concierge
Housekeeping
Room service
Rooftop bar and lounge with green spaces
Wellness center
Gourmet market
Cafe
Bar
Rishi Kapoor, CEO of Location Ventures, stated “Following enormous sales interest, we are pleased to commence the construction process for the first URBIN location at a ripe point in Miami Beach’s history.” The rapidly developing, storied Washington Avenue sector will benefit from this property’s integration of living, working, and wellness into one space.
Touzet Studio, headed by Carlos Prio-Touzet and Jacqueline Gonzalez-Touzet, created URBIN Miami Beach. The building’s exterior will reflect the whimsical spirit of Miami Beach by incorporating geometric patterns and hues that are common to the area and paying homage to its Art Deco past.
The interiors of its communal areas and amenities were chosen by Meyer Davis, a renowned New York City design firm. The home is located in the largest Art Deco neighborhood in the world, two blocks from the ocean, and close to Ocean Drive and Lincoln Road.
Rapper Future Buys $7.5 Million Bentley Residences Condo in Sunny Isles Beach
Atlanta-born Grammy award-winning rapper Future just purchased another property in Miami and this time, it’s at Bentley Residences in Sunny Isles Beach.
At $7.5 million, Future will be buying a unit with one of the largest terraces in the tower featuring a private pool. His specific unit will also feature a 1,500-square-foot four-car garage that brings the cars directly to your unit by the Dezervator.
The 39-year-old rapper and songwriter Future, otherwise known as Nayvadius DeMun Cash, is in contract to buy a splashy spread for just over $7.5 million at the Bentley Residences in Sunny Isles Beach, Fla., from Gil Dezer, CEO of Dezer Development, which built Porsche Design Tower.
Future, whose real name is Nayvadius Wilburn, was raised in the Zone 6 neighborhood of Atlanta and was given the nickname “the Future” by the Dungeon Family. Future, whose first mixtapes were released in 2010 and early 2011, was mentored by his cousin and fellow Dungeon Family member Rico Wade of the renowned Organized Noize, positioning him for a breakthrough in the mainstream.
About Bentley
The Dezervator is a patented designed elevator by Dezer Development which is featured in Bentley residences as well as the Porsche Design Tower. This is designed to be able to see the cars directly from your living room but with a glass wall.
Bentley Residences will be located at 18401 Collins Avenue and will be considered the world’s first Bentley-branded residential building. The tower will rise 60 stories and feature what only the Bentley brand can offer.
Featuring 216 fully finished units, each condo will showcase open indoor-outdoor floorplans, an in-unit garage with a car elevator, a private balcony, a sauna, floor to ceilings windows, and a pool. These units begin at $4.2 million.
Bentley Residences Amenities
State-of-the-art fitness center
Pool with cabanas
Spa
Restaurant
Whiskey bar
Cigar lounge
Cinema
Landscaped gardens
Dezervator car elevator
Construction is set to be completed in 2026. If you or someone you know have any interest in purchasing at Bentley Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.
Aria Development and Merrimac Ventures Buy Miami Worldcenter Site for $17.5 Million for Proposed Condo Building
After purchasing a redevelopment site for $17.5 million, Aria Development Group and Merrimac Ventures have proposed a new Miami Worldcenter condominium building.
According to records, the joint venture paid the labor union $11 million to take over the former Miami headquarters of the International Longshoremen’s Association at 33-55 Northwest Sixth Street. According to a press statement, Aria and Merrimac also paid $6.5 million to acquire a neighboring unoccupied 1.2-acre site from a partner of Miami Worldcenter developers Art Falcone and Nitin Motwani.
The project calls for a 32-story skyscraper with about 600 fully furnished residential units with no limitations on short-term rentals with pricing starting at $395,000.
The final construction plot that was up for grabs in the Miami Worldcenter district was purchased by Fort Lauderdale-based Merrimac, led by Nitin and Dev Motwani, and Miami-based Aria, led by principal David Arditi, according to Mattingly.
Merrimac and The Related Group partnered earlier this year to pay $12 million for another Miami Worldcenter development plot at 601 North Miami Avenue, The Crosby, a 33-story, 450-unit condo tower that will also be accommodating to short-term rentals.
Miami Worldcenter, a $4 billion master-planned mixed-use city, is luring titans of the real estate sector to make investments in the area. For a property at 697 North Miami Avenue that was previously permitted for a 40-story, 429-unit skyscraper, a business connected to WeWork co-founder Adam Neumann received $108 million in construction financing in February. Neumann also owns the Caoba apartment complex, which is a nearby residence.
A.5-acre development site on Northwest 10th Street and North Miami Avenue was purchased by San Antonio-based Lynd Living in August for $30 million. Although a 650-unit apartment building is permitted on the plot, Lynd hasn’t made its official plans public.
One acre at 1016 Northeast Second Avenue, where the New York-based developer intends to construct a two-tower residential complex, was purchased by Naftali Group for $40.5 million a month later.
Aria Development Plans 105 Unit Development in South Brickell-2200 Brickell
Miami’s 2200 Brickell is a brand-new, luxurious condo offering an unrivaled modern condo investment opportunity. Across from opulent waterfront towers, close to Coconut Grove and the Rickenbacker Causeway. On 1.65 acres, these 105 condo units will be a great residential choice in the most sought-after part of downtown Miami.
After the recent success of YotelPad and the current spectacular new short-term rental developments with AirBNB of 501 First Residences and 600 Miami Worldcenter, ARIA Development Group, a builder with high prestige in the market, will develop 2200 Brickell residences. Aria Development is also partnering with Largo and Place Projects on 2200 Brickell.
Developer: Aria Development Group, Largo, Place Projects
Architecture: Revuelta Architecture International
Interior Design: ODA New York
Number of Residences: 105
Number of Stories: 5
Residences:
1 Bedroom 590 – 864 SF
2 Bedroom 1,187 – 1,329 SF
3 Bedroom 1,470 – 1,846 SF
Garden Villas
2 Bedroom1,233 – 1,793 SF
Bedroom1,973 – 2,070 SF
Residence Amenities:
Floor-to-ceiling glass windows and sliding glass balcony doors
Large format ceramic tile flooring throughout the living area with engineered wood flooring in bedrooms
Fully tiled balconies featuring glass railings with access from the living room and primary bedroom of every residence
Custom gourmet kitchens designed by ODA New York with wood cabinetry and stone countertops
Luxury primary bathrooms featuring double vanities, stone countertops, porcelain tile on walls and floors as well as rain showers
Spacious, fully built-out custom closets
Dedicated laundry featuring a full-sized washer and dryer
Development Amenities:
Covered porte-cochère
On-site valet parking
Double-height, 24-hour attended lobby
Above-ground parking on all levels with direct access to residences
Electric vehicle charging
Luxer One automated parcel storage featuring tech-forward, contactless digital package delivery system with cold storage
The resident lounge and entertaining space
Dedicated work-from-home suites with conference room
World-class state-of-the-art fitness center designed by Homage Fitness
Custom children’s playroom designed by Silver Hill Arts
Cycling lounge & workshop and bike storage
WELL Building StandardTM designation with thoughtful and intentional spaces that enhance human health and well-being
Resort-style pool with outdoor spa and poolside cabanas
Pickleball court
Summer kitchen with ample seating
Outdoor fitness area designed by Homage Fitness
Children’s play area by Silver Hill Arts
Quarter-mile walking track
Pricing for the units will begin at $1,000,000.
Midway through October 2200 Brickell Holding LLC and Miami-Water Dade’s and Sewer Department reached an agreement for the supply of utilities for the new project. The demolition permit to clear the site was also issued in August 2022.
$40 Million Construction Loan Secured for Bentley Residences
A $40 million construction loan was secured by Dezer Development’s proposed Bentley Residences condominium development in Sunny Isles Beach.
Records show that City National Bank of Florida provided the mortgage. The financing is for pre-development expenses related to the planned 216-unit luxury tower at 18401 Collins Avenue.
The Sunny Isles Beach-based development company, run by Gil Dezer, just unveiled a $10 million sales center with a scale model of a 6,000-square-foot condo at Bentley Residences. For apartments facing the Intracoastal Waterway, prices vary from $5 million to almost $6 million. Units with a view of the ocean start at $7.2 million. The penthouses will cost between $57 million and $75 million.
Bentley Motors and Dezer collaborated to create their first residential building ever constructed. According to a press release, the 61-story Bentley Residences will have a “Dezervator” auto elevator in the middle of the structure. Each luxury unit will include a three or four-car garage with electric vehicle charging outlets.
According to records, a Dezer affiliate paid $6.8 million in 1996 for the 3.6-acre property, which includes a five-story hotel bearing the Wyndham name. The 180-key building’s demolition is anticipated to begin in the first quarter of 2019, with a 2026 completion date for the project as the goal.
Dezer is transforming the North Miami Beach Intracoastal Mall into the $1.5 billion mixed-use Uptown Harbour project. The expansive development, which spans over 30 acres and includes 2,000 residential units, 575,000 square feet of retail and office space, 250 hotel rooms, a port, and a central park, was given initial approval by the North Miami Beach City Commission in 2020.
Bentley Residences will be Dezer’s second opulent residence with a modern vehicle lift. The first was the Porsche Design Tower, a 2016 completion of a 60-story luxury brand high-rise in Sunny Isles Beach.
New York Based Seafood Restaurant to Open in Miami Beach
Miami Beach will welcome the seafood restaurant Catch in 2023 thanks to the New York-based Catch Hospitality Group.
At 200 South Pointe Drive, the restaurant will take up 22,000 square feet. New York, Los Angeles, Las Vegas, and Aspen, Colorado are the current sites of Catch.
The restaurant space at the Continuum is owned by Los Angeles-based Black Lion, and Catch Hospitality, led by partners Tilman J. Fertitta, Mark Birnbaum, and Eugene Remm, negotiated a 15-year lease with Black Lion. The deal’s landlord and renter were both represented by Jeremy Hakala of Newmark’s Miami office.
According to Fertitta, “On the heels of two successful openings on the west coast, we are ready to continue our expansion. Miami Beach has experienced tremendous growth over the last few years, and the city’s evolving dining scene makes it the perfect time to bring our iconic brand to one of the greatest destinations in the world.”
Both indoor dining and a patio with a retractable roof will have an equal number of seats available. The Rockwell Group, based in New York, will create the design.
Steak, sushi, and seafood will all be offered on the menu. Private and semi-private events will be possible to be held at the restaurant.
Other well-known eateries like Prime 112, Carbone, Joe’s Stone Crab, and Milos will be close to Catch.
Black Lion acquired space for a restaurant in September in Miami’s Zaha Hadid-designed condominium One Thousand Museum. For the owner of the commercial property, it was his tenth purchase in South Florida.
3 Tower Development Proposed at 3333 Biscayne Boulevard
According to a filing with the city planners, plans for a 3-tower mixed-use complex at 3333 Biscayne Boulevard in Edgewater have been made public.
The three towers themselves will be labeled as East, West, and North towers. The East tower is proposed to be a residential tower that will rise 41 stories tall with the North tower, also residential rising 40 stories tall. The West tower will be mainly a commercial tower with available office rental space rising 12 stories.
The development will also include 635 residential units spreading over the East and North towers which will also include 9 townhomes. There will also be 1,210 parking spaces throughout the 8-level garage. The office space will include 156,989 square feet and 19,180 square feet will be dedicated to the ground floor commercial spaces.
In a statement from the Developer, the three towers and a podium were developed by the project architect without overcrowding the space. An office tower on Biscayne Boulevard has a staggered design to wisely avoid reaching its full authorized height. To optimize separation and prevent crowding, the two residential buildings are set apart from one another at a diagonal angle. Nine ground-floor townhome units and a courtyard are positioned along the north and east facades of the project’s podium level, where they are intended to keep public spaces active.
The Applicant is happy to have generated an amazing design without the requirement for Waivers, Warrants, or Exceptions due to the Property’s enormous acreage and a private agreement among the owners of the united parcels to divide development rights among their sites.
A covenant in lieu of unity of title is being used in the proposal to use development rights from nearby properties that Aimco owns.
The architect is credited as Stantec. The developer had previously been identified as Beitel Group.
On November 16, there will be a hearing before the Urban Development Review Board.
Renderings Revealed for Namdar Towers
Earlier this month, developer Namdar submitted comprehensive development plans to the city planners for its twin-tower project that will be located in downtown Miami.
A 41-story structure with 680 units and a 43-story building with 714 units would make up the proposed Namdar Towers, which would have a combined square footage of more than 1.2 million.
This project is planned in 2 phases, the 41-story tower will be part of phase 1 while the 43-story tower will be part of phase 2.
Development Information:
1,394 units
Pools
Fitness center
Bowling rooms
Golf simulators
Co-working space
7,984 sq. ft. of commercial space
336 parking spaces in a five-level garage
1,395 bicycle racks
The architect is identified as Behar Font. Permitting for construction and demolition is already in progress.
According to its website, Namdar is a family-owned development company that was established in 1979. Ephraim Namdar, who has previously been named in media sources as the company’s founder and CEO, is in charge of running the LLC that bought the Miami property.
Ian Bruce Eichner Officially Launches Sales for La Baia Bay Harbor Islands
Sales for the second tower at Ian Bruce Eichner’s beachfront condo development La BaiaBay Harbor Islands North have officially started.
The North development will have floor plans with two, three, and four bedrooms that are between 1,400 square feet and 2,100 square feet in size. The most expensive units are priced at $3.5 million.
Sales for La Baia South began in October of last year. Eichner is best known as the creator of the two-tower Continuum in South Beach. According to the press release, the 68-unit, eight-story building at 9201 East Bay Harbor Drive had condos starting at $810,000 and sold out in less than six months. La Baia South’s construction began in April, and Eichner anticipates finishing the project in 2023.
La Baia will feature 30,000 square feet of amenities, which include a rooftop amenity deck, lounge with a bar, spa, fitness center, teen’s gaming center, dog grooming center, and marina. The marina itself will feature 20 private boat slips.
La Baia was designed by architect Luis Revuelta with Boston-based Suffolk Construction as the general contractor.
Residence Features
1 to 4-bedroom options
1,100 to 2,500 square feet
Residences will be fully finished and furnished
9 to 10-foot ceilings
His and her walk-in closets
Balconies with glass railings
Underground parking spots for each owner
Custom Italian cabinetry by Snaidero
Miele appliances
Quartz stone countertops
Hansgrohe fixtures
Primary bathroom features marble flooring and rainfall showers
Tower Features
Private 20-boat marina
Scenic walkways
30,000 square feet of amenities
Rooftop amenity deck
Lounge with a bar
Spa
Fitness center
Teen’s gaming center
Pet grooming center
According to records, the developer purchased the land in 2021 for $12 million.
If you or someone you know have an interest in purchasing one of the units at La Baia Bay Harbor Islands North, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
