Taurus Investment Holdings and The Congress Group Switch Civica Development from Office to Residential
The focus of Civica’s plans is shifting from offices to residences in recently updated plans for the development. In the previous plans, the development was set to rise 22 stories tall with a height change to 27 stories or 310 feet.
The changes also include 342 residential units, luxury amenities, commercial and office space, and an 8-level garage with 590 parking spaces.
The property is located five minutes walk from the Civic Center Metrorail station. The land sits right behind the 836 Expressway, which is being reconstructed as part of the Signature Bridge project.
Currently on the site is a three-story shopping center with 74,463 square feet, as well as a 4,768 square-foot bank branch. While the tower is being constructed, both of those buildings would still be present, albeit their parking spaces would be moved to the new parking garage for the complex.
The Miami Urban Development Review Board is scheduled to examine the project at a hearing on December 21. The architect for the project is listed as Cube 3 and the developers include Boston-based, Taurus Investment Holdings, and The Congress Group. The developer purchased the site for a combined $30.5 million in 2020.
New Development Announced in Brickell-Westpine
Westpine, a 43-story residential tower, has just had its plans submitted in Brickell. Westpine will have a 474-foot high peak and will feature 328 residential units, 1,155 square feet of retail, and 357 spaces for parking.
A multifamily building with 24 units that was built in 1964 is currently on the 0.7-acre site.
Westpine Brickell LLC is listed as the developer and Behar Font Partners as the architect. Westpine Brickell LLC, an affiliate of Westpine partners originally purchased the site for $11.53 million.
Instead of being referred to the City of Miami for review under city zoning regulations, the project was submitted to the Miami-Dade County Planners for review under their Rapid Transit Zoning Metromover Subzone.
On December 9, a pre-application meeting with county planners was sought.
Brickell, also known as the Financial District of Miami, is home to a large number of international banks such as HSBC, Espirito Santo Bank, and Banco Santander.
These Brickell Miami banks are predominantly located along Brickell Avenue – the main thoroughfare running through Brickell Miami and extending north to south from the Brickell Avenue Bridge to the Rickenbacker Causeway.
Brickell Miami is considered to be one of South Florida’s most prestigious neighborhoods and is a perennial favorite place to live among affluent, young professionals.
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.
Waldorf Astoria Residences Miami Sold the Largest Penthouse in the United States
The Waldorf Astoria Residences Miami’s 5-star luxury penthouse, which will grow to be the largest in the country and sit atop Miami’s first supertall tower, has been sold for an undisclosed sum. The tallest residential building south of Manhattan will be the five-story, 33,000+ square foot “Mansion in the Sky.”
For the future of real estate in Downtown Miami, the transaction represents a fortunate start. The unidentified client was looking for an upscale residence, and together with the development team, they created what will serve as the pinnacle of the buyer’s individual real estate portfolio as well as the Miami skyline.
Upon completion, this unique penthouse suspended 1,050 feet in the air, will occupy the top five floors of the skyscraper and provide unmatched vistas in every direction. The home will be just under 34,000 square feet in size and have 10 bedrooms, 11 and a half bathrooms, and ceiling heights of up to 25 feet.
A wall-street-style trading room, safe room, billiards area, private movie theater, screening room with two 90-inch theater screens, three wine cellars, full-scale bar, wellness center with cutting-edge equipment, massage rooms, infrared sauna, and a 20-car garage to house the owner’s extensive car collection are just a few of the extravagant amenities it will feature.
The sole usage of the tower’s private roof deck belongs to the mega-penthouse. Three cabanas, a huge pool, a swim-up tiki bar, an outdoor gym, and a multi-use court for racquetball, pickleball, and basketball are all located on the roof. Other features are currently being finished for the owner.
According to the Managing Partner of PMG, “This penthouse sale is an indicator of the strength and tenacity of the luxury real estate market in Miami, and just how special Waldorf Astoria is to buyers and brand enthusiasts. We are confident in the continued momentum at Waldorf Astoria Miami, and know the property will completely elevate the standard of luxury living as we know it.”
Construction on the Waldorf Astoria Residences Miami is expected to begin on October 27, 2022, and end in 2026.
In order to highlight Waldorf Astoria’s first foray into the Miami market, PMG, along with partners Greybrook, Mohari Hospitality, S2 Development, and the international hospitality business Hilton, set out to build a landmark beacon for the city of Miami. The goal is to offer an aesthetically spectacular structure with expertly built residences and unmatched amenities to Miami’s famous Biscayne Boulevard for residents and future hotel visitors to enjoy. The Waldorf Astoria Miami anticipates ushering in a new era for this magical city as the tallest residential structure south of New York and the first supertall tower in Florida.
The Waldorf Astoria Miami, which is situated at 300 Biscayne Boulevard, will have nine spiraling, offset glass cubes that are evenly placed and covered in what is sometimes described to as a “glass skin” to set it apart from other East Coast properties. In order to develop an iconic edifice in Downtown Miami that offers 360-degree views of Downtown Miami, Miami Beach, and the Atlantic Ocean, Sieger Suarez Architects and famous architect Carlos Ott collaborated.
Additionally, the developers collaborated with award-winning interior design company BAMO, which takes pride in designing enticing surroundings that flow, function, and inspire individuals to live and dream more completely. Along with guest rooms and suites inside the five-star hotel, the resort will have 360 private houses. Peacock Alley, a specialty restaurant, indoor/outdoor pre-function and event spaces, conference and boardrooms, a resort-style pool deck with private cabanas, a spa, and a fitness facility will all be considered signature areas.
$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 Development Revealed at Miami Worldcenter-600 Miami Worldcenter
Aria Development Group and Merrimac Ventures are partnering for a new construction development located at Miami Worldcenter. The project has officially been dubbed 600 Miami Worldcenter.
600 Miami Worldcenter will rise 32 stories and will feature 579 fully furnished and finished luxury residences ranging from studios to two-bedroom floor plans with no rental restrictions. The studios will start at $400,000.
The Design Agency, a renowned design firm, was selected by the developers to design the residences at 600. The architect for the project is listed as Revuelta Architecture.
Residence Features:
Floor-to-ceiling glass windows with custom window treatment
All residences feature balconies
Finished flooring on all residential interiors
Kitchens and bathrooms feature custom Italian cabinetry and counters
Top-of-the-line, separate, in-unit washers, and dryers
Fully built-out, generous closets
Tower Amenities:
Covered porte-cochère
24-Hour attended lobby
Luxer one automated parcel storage
Dedicated co-working space
Resident lounge and entertaining space
Air-conditioned resident storage
Bike storage
Summer kitchen
Rooftop swimming pool with resort seating
World-class state-of-the-art fitness center with outdoor private training area by Homage Fitness
The 600 Miami Worldcenter will be within a few blocks from the 300,000+ square foot commercial district of Miami Worldcenter, situated in the Park West neighborhood of Miami at 600 NE 1st Ave.
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.
