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

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.

Redefining Attainable Luxury in Miami by YAKOL Capital

In a bold move to redefine urban living, YAKOL Capital is teaming up with acclaimed Japanese architect Shigeru Ban to bring an innovative “attainable” condo development to Miami-Dade County. Aptly named House, this 320-unit project aims to strike a balance between luxury and accessibility, with residences priced at approximately $1,100 per square foot. The smallest units will start in the low $300,000s, making this project an attractive opportunity for first-time buyers, investors, and those seeking high-quality living spaces at competitive prices.

Construction for House is set to begin in 2026, and the development offers a significant incentive for international investors. Through the EB-5 visa program, investors can secure a pathway to U.S. residency while supporting a transformative project in a burgeoning market.

House’s strategic focus goes beyond just real estate. By prioritizing sustainability and well-being, the development is set to feature a “biophilic” design that fosters a deep connection between residents and nature. This design philosophy aligns seamlessly with Shigeru Ban’s reputation for creating structures that harmonize with the environment.

House’s biophilic design will incorporate elements like natural light, green spaces, and sustainable materials to enhance the living experience. By embracing this approach, YAKOL Capital is not only investing in the aesthetics of the building but also in the mental and physical well-being of its future residents.

The site for House, located at 237 N.E. 54th Street, Miami, FL, 33137, spans 1.16 acres and was acquired in 2023 by Toussaint Ateliers Residences for $6.57 million. Currently occupied by a low-rise, multi-family dwelling built in 1965, the property’s redevelopment will transform it into a landmark in Miami-Dade County.

The site’s T5-O zoning designation and its position in a Qualified Opportunity Zone offer additional financial incentives for investors and developers. Google Earth renderings highlight the property’s potential to become a thriving residential hub, perfectly aligned with the neighborhood’s growth trajectory.

House is just one of YAKOL Capital’s ambitious ventures in South Florida. The developer is also planning a mixed-use project featuring 700,000 square feet of new construction, blending residences with ground-floor retail. Collaborating with Netherlands-based architectural firm MVRDV, YAKOL Capital continues to push the boundaries of innovative, community-focused design.

House is poised to redefine attainable luxury in Miami-Dade County. With its biophilic design, sustainable approach, and strategic location, it represents a forward-thinking model for urban living. Coupled with its potential to attract global investors through the EB-5 visa program, this project highlights YAKOL Capital’s commitment to creating transformative spaces that benefit both residents and the community at large.

Famous Midwest Steakhouse Maple & Ash to Open in Miami Early 2025

Miami’s culinary scene is about to sizzle even more with the arrival of Maple & Ash, Chicago’s celebrated steakhouse, slated to open at Miami Worldcenter in early 2025. Known for redefining the steakhouse experience with its wood-fired cooking and luxe atmosphere, Maple & Ash is set to bring its signature blend of dry-aged steaks and indulgent seafood towers to downtown Miami.

Chef Danny Grant, the culinary genius behind Maple & Ash, is making a triumphant return to South Florida. Nearly a decade ago, Grant honed his craft in Miami’s kitchens before earning national acclaim with two Michelin stars at Chicago’s Ria in 2012 and being named Food & Wine’s Best New Chef that same year.

Grant’s Maple & Ash opened in Chicago’s Gold Coast in 2015 and quickly rose to become the highest-grossing independent restaurant in the city and the top-earning steakhouse nationwide. The restaurant’s accolades include Wine Spectator’s “Best of Excellence Award” and a 2023 Tales of the Cocktail nomination for “Best Restaurant Bar.” Following its success in Chicago, the brand expanded to Scottsdale, Arizona, in 2019, further cementing its reputation as a destination for elevated dining.

The $4 billion Miami Worldcenter, already a hotspot for dining and entertainment, will serve as the home for Maple & Ash’s newest outpost. Co-owner Jim Lasky revealed in an interview earlier this year that the Miami location will feature three distinct spaces:

• Eight Bar on the ground floor, perfect for pre-dinner cocktails.
• Maple & Ash Steakhouse on the second floor, offering an exquisite dining experience.
• A lounge and event space on the top floor, ideal for hosting memorable gatherings.

While specific menu details for the Miami location remain under wraps, diners can expect the same standout offerings that have made Maple & Ash a hit in Chicago and Scottsdale. Signature dishes include:

• Dry-Aged Steaks: Expertly seared over burning logs for unparalleled flavor.
• Coal-Roasted Seafood Tower: A decadent mix of lobster, scallops, and other fresh catches.
• “I Don’t Give a F@k” Chef’s Tasting Menu*: A bold, multi-course dining experience curated by the chef, featuring seasonal plates, premium seafood, and perfectly cooked steaks.

Known for its scene-y atmosphere, Maple & Ash pairs its culinary excellence with an unforgettable ambiance that blends sophistication with a touch of irreverence.

The addition of Maple & Ash to Miami’s dynamic dining landscape marks another milestone for the city as a global food destination. Whether you’re a local food enthusiast or a visitor seeking an elevated culinary experience, Maple & Ash promises to deliver a memorable meal when it opens its doors in February 2025.

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

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

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

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

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

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

A New Standard of Design and Connectivity

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

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

A Visionary Collaboration

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

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

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

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

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

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

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

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

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

A Tower Adorned with Art

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

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

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

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

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

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

Villa Miami Breaks Ground

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Exciting Plans Announced for Rooftop Club and Restaurant at 830 Brickell

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

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

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

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

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

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

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

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

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