Tag Archives: new tower

The Perigon Miami Beach Elevation

Capitalizing on Luxury: The Perigon Miami Beach Sets a New Standard in Oceanfront Living

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The Perigon Miami Beach Elevation from the Beach

The Perigon, a paradigm of luxury real estate, is set to redefine the Miami Beach skyline. This exclusive 17-story condominium, a strategic collaboration between Mast Capital and Starwood Capital Group, is situated at a prime location on 5333 Collins Avenue. The Perigon represents just that with its OMA-designed architecture and Tara Bernerd’s sophisticated interior aesthetics. Each of the 73 residences, spanning 2,100 to 6,700 square feet, promises unparalleled opulence and privacy, further enhanced by eight private guest suites reserved for owners.

The groundbreaking for this elite property is anticipated in early 2024, with Moss Construction at the helm of the development. The current demolition of the former La Costa condominium is proceeding with precision, indicative of the meticulous planning and execution befitting such a high-caliber project. This careful dismantling is a precursor to the construction of a complex that will not only be a residence but a statement of luxury.

The Perigon’s allure extends beyond its architecture. It offers exclusivity with resident-only amenities, such as a waterfront restaurant led by Michelin-starred Chef Shaun Hergatt, and a private beach club. The units boast 10-foot ceilings, wraparound terraces with sweeping ocean views, and custom Italian kitchens with Sub-Zero Wolf appliances, embodying the very definition of luxury living.

The Perigon is targeting LEED Gold certification, showcasing a commitment to environmental excellence. Set to be completed in 2026 with starting prices of $4.25 million.

The Perigon offers a compelling opportunity for investment in one of Miami Beach’s most luxurious upcoming developments.

Nexus Riverside

Riverside Reimagined: The Adler Group’s Pioneering Multifamily Tower Set to Transform Miami’s Skyline

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Nexus

In a strategic move that underscores the burgeoning potential of the Miami River area, the Adler Group, helmed by Michael and David Adler, is set to progress on a 36-story multifamily tower that promises to be a significant addition to the region. The Miami Urban Development Review Board has given its nod to this forward-looking project, Nexus Riverside 1B, which features 345 apartments and a substantial parking garage.

Hedge fund managers should note the project’s departure from previous municipal plans, signaling a shift in the city’s development trajectory and highlighting an opportunity for investment in a dynamically changing landscape.

The Nexus Riverside 1B is not just a residential building; it’s a statement of cultural synthesis, mirroring Miami’s diverse tapestry through its design and an accompanying mural by Chalk And Brush Design. This project, placed strategically at 230 Southwest Third Street, signifies the Adler Group’s deepening investment in the Miami River district, complementing their Modera Riverside venture and setting a precedent for multifamily developments in the area.

For hedge fund managers, this is an alert to Miami’s evolving landscape, where over 10,500 residential units are emerging along the Miami River. The area is becoming a nexus of high-profile developments, including Gencom and Hyatt’s supertall Miami Riverbridge and Newgard Development Group’s Lofty Brickell, heralding a wave of growth and investment opportunities in this prime waterfront real estate.

The Adler Group’s adept move, with its significant historical site acquisition and strategic pivot from a government complex to a multifamily haven, illustrates a keen understanding of urban evolution and the lucrative potential it holds for discerning investors.

Nexus Riverside
Tower 36 Planned for Miami Design District

The Pinnacle of Miami’s Skyline: A New Luxury Office Tower by One Thousand Group

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Tower 36 Planned for Miami Design District

In a move that underscores the ever-evolving skyline of Miami, the One Thousand Group, spearheaded by industry stalwarts Louis Birdman, Michael Konig, and Kevin Venger, has unveiled plans for a state-of-the-art office tower. This ambitious project, set to rise adjacent to the iconic Miami Design District and offer panoramic views of Biscayne Bay, is a testament to the city’s burgeoning status as a global business hub.

The proposed edifice, a 47-story marvel stretching 635 feet into the Miami sky, is the brainchild of KPF Kohn Pederson Fox, a New York-based architectural giant renowned for its global footprint in designing iconic office towers. Their illustrious portfolio boasts landmarks such as One Vanderbilt, the Hudson Yards trilogy in New York City, 52 Lime Street in London, and 18 Robinson in Singapore, to name a few.

The project, tentatively titled “Tower 36,” is set to be a beacon of modern architecture and design. Encompassing a sprawling 1.6-acre plot at the nexus of Biscayne Boulevard and 36th Street, the plans detail over 29,000 square feet of commercial space housed within the building’s podium. Additionally, the tower will feature over 312,000 square feet of premium office space, complemented by a parking facility accommodating 671 vehicles. In total, Tower 36 promises over 610,000 square feet of cutting-edge infrastructure, all while adhering to the Miami 21 Zoning Code.

The One Thousand Group’s vision is clear. As they elucidate, the ongoing migration of corporate giants like Citadel and Microsoft to Florida underscores Miami’s emerging prominence. The intersection of Biscayne and 36th Street is not just a geographical landmark; it symbolizes the confluence of the vibrant Design District and the waterfront splendor of Edgewater. As businesses recalibrate post-pandemic, the demand for world-class office spaces in strategic locations is paramount. The One Thousand Group’s blueprint seeks to amalgamate luxury, top-tier amenities, unparalleled security, and a holistic work environment, reminiscent of their ultra-luxury residential ventures.

New Office Tower Proposed in Miami
Ground Floor View of Brickell Gateway

Gazit Horizons Submits Plans to FAA for Brickell Gateway Tower

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Brickell Gateway

Designs for the 61-story Brickell Gateway tower have officially been submitted to the Federal Aviation Administration. Located at 90 SW 8th Street next to Brickell City Centre in the heart of Brickell, the 377,000 square foot project will bring residential units, office spaces, a hotel concept, and retail to the neighborhood. 

The Brickell Gateway tower is anticipated to reach a height of 761 feet above ground, or 772 feet above sea level (61 stories tall), according to the FAA file from March 28.

According to records, the plan is actively progressing through the approval process with planners in Miami-Dade County. The project falls under the county’s Rapid Transportation zoning, the developer can choose for a county planning review over a municipal planning review.

As recently as March 21, according to records, revised designs to satisfy county planner requests were submitted.

The project will include 504 residential units, over 18,000 square feet of retail, and 344 parking space.

The project’s developer is Gazit Horizons and the plan set lists Atlantic Pacific Communities as a co-developer, with Corwil listed as the architect.

According to the plans, construction is anticipated to begin January 2024 to January 2027.

Brickell Gateway Night Lights
One River Point Miami Condos

One River Point Receives FAA Height Approval

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One River Point Miami Condos

The Federal Aviation Administration has given its certification for the One River Point towers in downtown Miami. The FAA allowed the towers to rise to a height of 788 feet above ground, or 797 feet above sea level, in a letter that was sent out on January 16.

The same property received FAA approval in 2014 for a construction height of 928 feet above ground (that approval expired in September 2018). The FAA then gave the towers additional certification in 2019.

Developers Edgardo Defortuna of Fortune International Group and Shahab Karmely of KAR Properties announced their collaboration to construct the buildings in November 2022.

The original developing company sold the property to the new partnership for $58.85 million.

According to records, Bank OZK gave the developers a $38 million loan for the 1.8-acre site at 24 Southwest Fourth Street in Miami. According to Defortuna, the loan is a line of credit to be utilized for the 386-unit luxury condominium’s development, sales, and marketing. After the unit plans are completed, sales should begin this year.

The developers will make a few changes while maintaining Rafael Violy’s original concept. An 85-foot waterfall, a three-story glass skybridge that floats in midair, and an exclusive members-only Adrian Zecha “Sky Club” on the 55th level with two restaurants, a cigar lounge, a wine cellar, and a screening room were all originally planned.

If you or someone you know have an interest in purchasing at One River Point, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Civica Tower

Taurus Investment Holdings and The Congress Group Switch Civica Development from Office to Residential

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Civica Tower

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 in Brickell Westpine

New Development Announced in Brickell-Westpine

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New Development 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 Miami Beach Home

Rapper Future Buys $7.5 Million Bentley Residences Condo in Sunny Isles Beach

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Rapper Future Buys Unit at Bentley Residences

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.

Bentley Residences Miami
Bentley Residences in Sunny Isles Beach

$40 Million Construction Loan Secured for Bentley Residences

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Bentley Residences Sunny Isles Beach

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.

La Baia Bay Harbor Islands Launches Sales

Ian Bruce Eichner Officially Launches Sales for La Baia Bay Harbor Islands

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La Baia Bay Harbor Islands Launches Sales

Sales for the second tower at Ian Bruce Eichner’s beachfront condo development La Baia Bay 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.