Construction is moving along for the 56-story EDITION Residences tower in Edgewater with its building permit application as well as a seawall permit application.
According to the permit application, the 56-story Edition will include a total of 187 residential units, a 13-level parking garage, and 3,500 square feet of business space. There will be 1,206,774 square feet of new building in total, with a hard construction cost of $215,750,000.
The builders announced last month that they anticipated commencing ground this Summer as a result of receiving $160 million in unit reservations.
One-bedroom-plus-den to four-bedroom floorplans with sizes ranging from 1,952 to 3,864 square feet and starting at $1.9 million will be available in immaculately finished homes. The tower will also have three lavish tri-level penthouses, each with a private rooftop pool and garden, representing the height of luxury.
The EDITION Residences, Miami Edgewater will have approximately 45,000 square feet of beautifully designed amenity spaces where owners can live, work, play, and entertain guests while exuding the same degree of luxury as the renowned hospitality brand. Two resort-style pools, a club bar, a library, private training studios, an extensive spa program, and six Guest Suites are just a few of the lauded features.
If you or someone you know have an interest in purchasing at EDITION Residences, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
New Renderings Released for Hilton Hotel Concept at Okan Tower
The projected Hilton Hotel inside the Okan Tower has just released new renderings.
Okan Tower recently underwent thorough piling tests, as required by the city’s building ordinance for extremely tall structures. The pile drilling phase has begun, and the developer declared, after all, the pilings passed their testing successfully. The foundation work’s contractor is named Jacob Companies Inc on permits issued by Miami’s Building Department. Ant Yapi Construction, a Turkish company with a Miami office, and Civic Construction, a Miami-based company, are the general contractors for Okan Tower.
Okan Tower, a mixed-use development with 70 stories and a tulip-shaped design that is destined to become a landmark in Downtown Miami, has revealed a new exterior rendering. The 902-foot towering megaplex, which was created by Okan Group and Behar Font & Partners, is situated at 555 North Miami Avenue at the intersection of Miami’s shoreline, with great dining, entertainment, and culture. A Hilton Hotel will be the development’s focal point, and there will be a variety of upscale facilities available in the homes.
When Okan Tower is finished, it will include more than 900,000 square feet of space, including a 64,000 square foot “Class A” office building, a 316-key Hilton Miami Bayfront Hotel, 163 Sky Residences with amenities solely for owners, 236 Short-Term Rental Residences powered by Hilton Hotels & Resorts, and 236 such residences. The development is slated to grow to be one of Miami’s tallest structures.
According to the architect’s website, the Okan Tower’s delicate profile was modeled after the tulip in honor of the company’s Turkish roots, where the tulip is the national flower.
Amenities:
24-hour reception and concierge
70th-floor rooftop pool and sky deck with private cabanas
12th-floor lap pool with clubroom and lounges
State-of-the-art health and fitness center with yoga studio, Peloton bikes, and fitness MIRROR.
Sauna, steam, and treatment rooms
Children’s sensory and playroom
Theater
Wine cellar
Owner’s lounge
The completion date for Okan Tower is set to be in 2027. If you or someone you know have an interest in purchasing at Okan Tower, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Alta Developers Plan to Build 96 Unit Development in North Miami
In North Miami, Alta Developers plans to replace an outdated waterfront apartment complex with a 96-unit condo development.
According to an Alta application to Miami-Dade County, the Miami-based development company, directed by Raimundo Onetto, wants to construct an 18-story structure on the 0.8-acre plot where the demolished Mid Bay Club Apartments once stood at 11950 North Bayshore Drive. Records show that in April, Alta asked the county to permit a reduction of the necessary setback from the shoreline to 25 feet.
Buildings with curved balconies and floor-to-glass windows are seen in renderings. A rough estimate of 96 condos has been given for the project, which was designed by Revuelta Architecture International.
According to records, Alta spent $14 million purchasing the Mid Bay Club Apartments and an empty 0.2-acre land across the street last year.
The application for the North Miami project comes as Alta is planning a number of additional projects.
Alta plans to erect an 18-story, 223-unit apartment complex next to Dadeland Mall at 9600 South Dixie Highway. It would be the second 18-story multifamily building constructed by Alta there. It is anticipated that the first 296-unit tower will shortly acquire its certificate of occupancy.
In recent years, North Miami has attracted the attention of investors and developers. The enormous SoLé Mia at 15055 Biscayne Boulevard is being built by Turnberry Development and LeFrak, under the direction of Jackie Soffer. When finished, it will feature 4,000 residential apartments. A joint venture between Turnberry and developer Carlos Rosso is planning a 32-story, 303-unit condo structure in addition to three apartment towers.
Miami Riverbridge Project Receives Approval for Construction in Downtown Miami
On May 11, Miami commissioners voted overwhelmingly to accept the waivers required for the reconstruction of the Hyatt Regency in downtown Miami, Miami Riverbridge. This new supertall tower has also seen the release of new renderings.
Estimated to cost approximately $1.5 billion, the project calls for three new towers, two of 61 stories and one 95-story supertall, which would contain over 1,500 residential units, a new flagship 615-key Hyatt Regency hotel and 264 branded serviced apartments, 190,000 square feet of Class A meeting and events space, commercial and retail spaces, over 1,000 parking spaces and 50,000 square feet of open public space including a 480-foot-long rejuvenated riverwalk.
Arquitectonica is the architect of the Miami Riverbridge, which is being built by Hyatt Hotels Corporation and Gencom under the HRM Owner LLC.
The public benefits that the massive project would bring to the site and vicinity were underlined by Miami Riverbridge’s developers. Improvements to the streetscape for a better pedestrian experience and quicker access in and out of Miami’s urban core would relieve the congestion and traffic flow in this area of the city, which is frequently crowded and polluted by traffic.
The developers consented to give $25 million to help fund affordable housing in Miami. The project’s development would result in the creation of 4,500 jobs, with a rise in permanent employment from 350 to 900. Miami RiverBridge would bring in nearly $1.5 billion in city taxes, levies, and ground rent that could be used to expand public benefits throughout the city. Land leasing rent would rise from $250,000 to a minimum of $2,500,000, or 2.5% of gross receipts. A project park impact fee may also be used to pay for the renovation and reopening of the nearby Fort Dallas Park and the preservation of the nearby historic Flagler Worker’s House, which is located on city-owned property.
The convention center and the 40-year-old Hyatt Regency would be demolished to make room for the new complex if the proposal were to be accepted. By 2023’s end or the beginning of 2024, the developers hope to secure financing. The third tower is expected to be completed in Q3 2029, with the first two towers arriving by Q3 2028. Construction is anticipated to start in 2025.
700 N. Miami Avenue Site at Miami Worldcenter Construction Update
New York-based developer, the Witkoff Group, is steadily working to change the Miami Arena’s former location in Park West. The thriving Miami Worldcenter’s premium real estate is getting ready to welcome three towers rising 57 stories tall.
Recently, Witkoff signed the utilities deal for the site at 700 N. Miami Avenue at Miami Worldcenter. The expected total for the connection fees for utilities and the Biscayne Basin Sanitary Sewer Special Connection fee is $2,085,466.50 and $1,265,004. Alex Witkoff signed the contract on behalf of the construction company, WG 700 North Miami LLC.
The signing of the utility deal and obtaining FAA height approvals for the towers are significant steps in the development process, even though Miami’s Building Department has yet to get construction licenses for the project.
On this large-scale undertaking, Monroe Capital, based in Chicago, is working with Witkoff Group. The location, which is within the confines of Northwest 8th Street, Northwest 1st Avenue, and North Miami Avenue, was previously slated to become the Marriott Marquis Miami Worldcenter Hotel & Expo Center, but is now in line for a dramatic overhaul. This includes the development of three imposing structures that could rise as high as 685 feet. Nichols Architects created the design.
The proposal promises a diverse mix of apartment buildings, shops, and dining establishments. With the utility agreement signed the 700 North Miami Avenue project is preparing for its vertical construction phase, marking an important step in the redevelopment of the former Miami Arena site.
This mixed-use project will undoubtedly become a landmark addition to Miami’s skyline due to its massive scale, prominent location, and reputation of its development and design team. It will also undoubtedly play a significant role in future developments at Miami Worldcenter.
Lofty Developers Announce Partnership YUPIX Technology for Meta-Reality Tours
Developer for Lofty Brickell, Newgard announced their collaboration with the immersive technology company YUPIX to provide meta-reality tours of the new construction tower.
YUPIX assists in smarter real estate marketing and sales. It is driven by cutting-edge software technology, including Artificial Intelligence, which creates experiences that are incredibly lifelike. Insightful recommendations that evolve over time based on user feedback are seamlessly combined with the social power of an unrivaled Meta-RealityTM experience.
Participants can actually feel as though they are strolling through the penthouses and opulent amenity spaces of LOFTY and soaking in the breathtaking views of the building from various vantage points thanks to the innovative technology.
According to the CEO of Newgard Development Group Harvey Hernandez, “We always strive to push boundaries and redefine what is possible through our developments. Partnering with YUPIX accomplishes that and showcases LOFTY in a new and innovative way. The LOFTY team cannot wait to welcome our buyers to the LOFTY metaverse.”
The 362-unit LOFTY, designed by Arquitectonica, has 40,000 square feet of thoughtfully chosen amenities, including a private marina, a members-only social club, resort pool deck, and fitness center, indoor/outdoor cigar lounge, co-working lounge, and meeting rooms, along with 309 tower residences, including studio, one-, and two-bedroom units.
The 53-unit Penthouse Collection at LOFTY features roomy two-, three-, and three-bedroom plus den apartments that have been carefully selected and will be outfitted by renowned design firm Artefacto. Penthouses range from $1.95 million to $3.5+ million.
A 5-star alternative for the owner and traveler who might choose to stay and own differently but does not want to give up the services and amenities of a hotel, LOFTY is the next evolution of condo ownership, located just across from Brickell City Centre. Each home will be delivered finished and furnished, and short-term rentals are allowed under professional supervision.
The skyscraper will have the first-ever collection of NFT artwork created just for condo owners, incorporating digital art into the design of the new residential structure and giving ownership of a unique NFT to each unit owner upon closing.
The 44 levels of upscale interiors at LOFTY were designed by INC, the multi-disciplinary INC Studio. The landscape designer is Urban Robot Associates.
The 44-story luxury condominium located at 99 SW Seventh St, Miami is now under construction on the Miami River. The new partnership with YUPIX is expected to boost interest in LOFTY even further.
If you or someone you know have an interest in purchasing at LOFTY, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Introducing Perigon’s Two Story Luxury Penthouse
New developments are popping up everywhere throughout Miami but one of the most opulent new construction towers in Miami Beach stands out from the crowd with the unveiling of its new penthouse at The Perigon.
Penthouse West is a $37 million residence situated over two levels and is the first penthouse to be unveiled at the new condominium project. Four bedrooms, five bathrooms, and expansive living areas are housed in 5,685 square feet of inside space, while an outside sanctuary is made up of an additional 6,487 square feet. The residence, positioned atop the contemporary 17-story tower, also offers magnificent views of the beach, the Atlantic Ocean, and the developing Miami cityscape.
Designer Tara Bernerd, renowned for her ultra-luxury work on single-family houses, yachts, and condo buildings, created the interiors of the building, including the penthouse. She used organic fabrics that go well with the stone, wood, and glass components as well as high-end finishes throughout the entire building.
The 22-foot ceilings in the double-height great room, one of the home’s many remarkable design features and amenities, steal the show. This space, which leads to a wraparound terrace, serves as the residence’s focal point. Here, Bernerd employed materials including Italian walnut, European white oak, and honed white marble with a subdued color scheme. With its high-end highlights and designer touches for occupants who are decor-conscious, the light-filled penthouse has the air of a five-star resort. Additionally, each room has a private terrace area and an en suite bathroom with a luxurious soaking tub.
Penthouse West is known for its indoor-outdoor lifestyle, and in addition to the various outside terraces, there is also a private, manicured rooftop. The landscapes featured in the facilities of the property and the garden in the penthouse were both designed by Gustafson Porter + Bowman, the same company in charge of the landscaping around the Eiffel Tower. The house also boasts a sundeck, a sunken 30-foot infinity pool, a full outdoor summer kitchen, and outdoor dining.
More than 20,000 square feet of amenity space are available to residents of The Perigon, including a breakfast and sunset lounge, a residents-only private restaurant, and a speakeasy run by chef Shaun Hergatt, a veteran of Michelin-starred establishments. Additionally, there is a cabana-equipped oceanfront pool, a terraced fitness center, a private salon, a screening room, a kids’ play area, and a pool room.
Elite Villa Collection Launched in Bay Harbor Islands-La Maré
La Maré, an elite collection of two light-filled modern contemporary boutique condo towers, have launched in Bay Harbor Islands by Chicago-based Regency Development Group. Kobi Karp, a renowned international architect, created the vertically stacked tropical luxury villas with Debora Aguiar Arquietetos, a Brazilian designer best known for creating the interiors of 1 Hotel South Beach among other projects, is in charge of the exterior design.
La Maré is the first venture for Regency Development Group in the South Florida region. The construction is anticipated to begin later this year and be finished in 2025. The price of the villas will be between $1.375 million and $8 million.
Thirty-three units can be found in the eight-story Regency Collection glass-clad contemporary boutique building. Nine to ten foot floor-to-ceiling windows open out to large wraparound outdoor living spaces. The homes units will feature direct private elevator access with 1,600 to 4,000 square feet of living space, two to four bedrooms, and two to four and a half bathrooms.
The north and south corners of the second floor are adorned by two opulent 4,200 square foot Bay Villas, each with a spiral staircase leading to a ground deck with a private pool and a summer kitchen. Two of the building’s four penthouses, which have access to their own private rooftop pools and summer kitchens, are flow-through corner residences.
Nine units in an eight-story structure from the Signature Collection will be meticulously created for families with seclusion at the forefront and will range in size from 2,100 to more than 4,200 square feet.
The Signature and Regency Collections will feature bayfront verandas and outdoor spaces with landscaping, boat slips, lounge areas, and a resort-style rooftop pool deck with a pool, jacuzzi, and lounge chairs.
Low impact, all-glass buildings that are LEED certified and blend in with Bay Harbor’s community will be built on elevated piles to allow them to be independent of high and low tides and adapt to South Florida’s constantly changing weather.
A modern fitness center, a wine cellar, and an outdoor kitchen and bar lounge are just a few of the exclusive Signature Collection building features. The price range for these villas will start at $2.875 million to $6.3 million. Later this year, construction is slated to begin, and it will likely be finished by the end of 2024.
Nexo Residences in North Miami Beach Completion Date Set for 2025
Nexo Residences North Miami Beach will rise 15 stories tall and feature 254 units. With construction continuing for the project, the completion date was officially announced for 2025.
Nexo Residences is located at 13899 Biscayne Boulevard, North Miami Beach, Florida, 33181. The developers for this project include Blue Road and Fortune International Group. The landscape architect for Nexo Residences is Urban Root, and the building was designed by Frankel Benayoun Architects Inc. Homes range from $500k to $2.2 million.
Floor plans will range from 531 to 2,092 square fee with studio to four bedrooms layout options.
Residence Features:
Fully furnished and finished
Floor-to-ceiling windows
Porcelain flooring
Built-in bedroom closets
Dedicated lockable owners’ closets
Expansive balconies with glass railings
European style kitchens
Quartz counters
Matte black fixtures
Smart key access
Self-service package system
10 to 15 foot ceilings
Amenities
Lounge
Tech hub with a café and coworking space
Playground
Clubroom
Fitness center with a yoga studio and virtual trainer
Rooftop observatory deck
Pool deck
Private event area
Movie theater
Summer kitchens
Fire-pit lounges
Hammock lounge
If you or someone you know have an interest in purchasing at Nexo Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.