A new image of 501 First Residences has revealed the completion of the foundation pour. Usually, vertical construction starts after the foundation has been laid.
This new 40-story tower with 448, will be developed by Aria Development Group and designed by Revuelta Architecture International, who also designed Wind and 900 Biscayne. 501 First Residences will be located at 501 Northeast 1st Avenue with views of downtown Miami and Biscayne Bay.
According to the Aria Development group, this particular development will be built to cater to the short-term rental market. The biggest perk is that there will be no rental restrictions. This means the resident can utilize any consumer platform (Vrbo, Expedia, Airbnb, etc.) to rent and each unit can be rented for 1 day or more.
The renderings reveal floor-to-ceiling windows and expansive balconies. The sleek structure is curved creating a horizontal and vertical grid-like design. The exact height of the development hasn’t been released but we can expect the 40-story high structure to be over 450 feet in height.
To provide shade and a usable pedestrian space, the ground floor is being planned with broad pathways and vegetation.
On the property, demolition has already finished.
Although 501 First Residences is sold out, if you or someone you know has an interest in purchasing in downtown Miami, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at 786-247-6332.
Federal Aviation Administration Approves Brickell Key Project
According to developer Swire Properties, the Federal Aviation Administration has approved two towers on Brickell Key, One Island Drive. Tower 1 will rise 1,044 feet tall while Tower 2 will rise 691 feet.
One Island Drive will be a tranquil haven with two magnificent buildings, situated at the southernmost tip of Brickell Key, the private island community that Swire Properties has been building for more than 40 years. The luxurious collection of 220 two- to four-bedroom private homes with expansive floorplans of up to 4,700 square feet and two prestigious duplex penthouses at the top of the building, each spanning over 6,000 square feet, will be found in the first tower, known as “The Residences at Mandarin Oriental, Miami,” which rises to a height of over 800 feet. The second tower will rise 400 feet tall and will feature 151 rooms with the famous North American Mandarin Oriental Hotel in addition to 61 private Residences and 28 hotel Residences.
Residence Features
Panoramic views of Biscayne Bay
Resort-style podium
100,000 square feet of amenities
Multi-tiered landscaped infinity pools
Private cabanas
Work lounges
Private dining room
Chef kitchens
Top-notch restaurants
Signature spa
Cutting-edge health and wealth facilities
An award-winning international design team, each at the top of their respective industries, will work together to create One Island Drive, a landmark of understated elegance on the waterfront. The bold exterior design by Kohn Pederson Fox Associates (KPF) will redefine the skyline; the interiors of The Residences by Parisian designer Tristan Auer; the interiors of the hotel by AD 100 and Elle Décor A-List Parisian designer Laura Gonzalez; and the landscape architecture by renowned Thai firm Shma. For Auer, Gonzalez, and Shma, this is their first commission for new development in the country.
One Island Drive will be the first residential building to be constructed on Brickell Key in the last 15 years. Pricing will begin at $3,500,000 when sales begin in the latter half of 2023.
If you or someone you know have an interest in purchasing at One Island Drive, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at 786-247-6332.
Related Group Secures 18,000 Square Foot Lot in Edgewater for Development
Leading developer Related Group has purchased an 18,000-square-foot land piece in Edgewater, Miami, consisting of three adjacent sites in collaboration with Alex Karakhanian of LNDMRK.
The homes, which are located at 519, 525, and 535 Northeast 29th Street, are in a prime location and provide breathtaking views of Biscayne Bay as well as easy access to the MacArthur Bridge, which connects Edgewater to Miami Beach, and the I-195, which offers a direct route to Fort Lauderdale and Palm Beach. The majority of the undeveloped plot cost $12 million to buy.
According to the President of Related, Nick Perez, “Related identified the growth potential of Edgewater years ago, when we delivered the transformational, four-tower Paraiso Bay community along with Edgewater’s first five-star waterfront restaurant, Amara at Paraiso.
Edgewater offers it all- prime waterfront views, world-class culinary offerings, and easy access to other key hubs, from the Design District to Miami Beach. This newest acquisition is another step forward in our efforts to solidify the area as a true hot spot.”
The site’s particular development plans are still a secret. The land, according to public records, is designated T6-36-A, which allows for the building of up to 36 floors and 150 units per acre. About 60 units might be created within the permitted parameters without the need for further bonuses.
Joel Rodriguez and Alex Suarez of Global Investment Realty served as the deal’s brokers, and PPD Edgewater LLC, run by Esteban Koffsman, was the seller. A well-known real estate firm called LNDMRK Development focuses on finding, acquiring, and building commercial, residential, and mixed-use developments all across the Southeastern United States. Along with The Dorsey and Nomad Residences Wynwood, both of which are in Wynwood, Related and LNDMRK are actively looking for more joint venture options throughout South Florida.
New Tower Proposed in Miami-Clear Residences
Clear Residences, a 52-story tower proposal is now being examined by the Miami Planning and Development Department. Located at 130 SE 1st Street, the site itself sits on 0.55 acres or 23,750 square feet, with the current site now being used as parking.
The proposal with a letter of intent was submitted to the review board in December 2022 with Clear Residences featuring 545 residential units, 4,190 square feet of ground floor retail, and 199 parking spaces.
The tower would rise 694 feet tall with Kobi Karp listed as the architect.
The developer is listed as Clear Communities Miami North Limited Partnership, and Bercow Radell Fernandez Larkin & Tapanes is their legal counsel during the approval procedure.
Joseph R. Colletti is listed as the officer for Clear Communities Miami North Limited. Clear Communities originally purchased the site in 2019 for $18 million while obtaining a mortgage for $10 million through the Pacific National Bank in Miami. The price equaled $756 per square foot.
According to the site’s T6-80-O zoning, an 80-story tower could be built there, requiring Federal Aviation Administration height approval.
Supertall Tower One Brickell City Centre Breaks Ground
Miami’s first ever supertall office tower just broke ground in Brickell.
The groundbreaking includes the demolition of a parking structure that is currently on the site. Major Suarez, representatives from Swire and Related were in attendance.
Project approval came in September 2022 after city commissioners voted unanimously on the 1,049 foot One Brickell City Centre. The 80 story tower will be crowned the largest building ever building in the city of Miami
The skyscraper will be connected to Brickell City Centre, which was built by Swire Properties and has over 500,000 SF of retail, eating, and entertainment space, and will be situated at 700 Brickell Avenue and 799 Brickell Plaza. The project will feature 1.6 million square feet of office space.
The news represents strength and expansion for the Miami office market, which continues to draw major financial and technological firms from high-tax areas like New York and California.
Swire Properties and Related are listed as the developers for this project.
Vita Residences at Grove Isle Breaks Ground
Ugo Colombo of the CMC Group, one of Miami’s most well-known luxury developers, has started construction on Vita Residences at Grove Isle. The opulent boutique condominium is situated on the gated 20-acre private island of Grove Isle, which is close to the city’s fashionable Coconut Grove neighborhood.
The 65 exquisitely designed houses in the seven-story building, which is being constructed on the island’s final remaining beachfront parcel, will showcase unhindered panoramic bay views, exquisite detailing, and the finest materials and craftsmanship. The project is now under construction, and completion is anticipated in 24 to 28 months.
The majority of Vita at Grove Isle’s customers are from America, and more than 40% of the units there have already been pre-sold. The homes will range in size from 2,500 to 6,500 square feet and feature three-, four-, and four-bedroom units with dens. A group of twelve upscale penthouse houses will have private rooftop terraces with full-size swimming pools, full bathrooms, and summer kitchens that are each 3,400 to 6,600 square feet in size. Penthouses start at $12 million, with units starting at $5.5 million.
In order to create one-of-a-kind interior and amenity spaces for Vita at Grove Isle, Ugo Colombo collaborated with international architecture and design firm CallisonRTKL, regional architectural firm S & E Architects, and Italian designers Carlo and Paolo Colombo of A++ Architecture. The three buildings—Mare, Luce, and Sole—are designed to exhibit a singular architectural design and will provide a boutique living environment surrounded by beautiful, local vegetation. The graceful, curving shape of the structure, which was inspired by the island’s natural contours and maximizes views of the glittering Biscayne Bay, is a reflection of its distinctive Grove Isle position.
The waterfront retreat will offer a wide range of carefully chosen interior and outdoor amenities, including a private bayfront pool for residents exclusively, a poolside bar and lounge, a cutting-edge fitness facility, spa, and kids’ play area. Residents of Vita will also be given a house membership to the “Vita at Grove Isle Club,” which has lighted tennis, padel, and pickleball courts in addition to a club pool and a bar nearby. Additionally, residents will have access to the island’s private marina as well as a gourmet restaurant and bar offering lunch, supper, and cocktails that will be open to the general public.
Only the attention to detail in its design matches the level of preparation put into Vita at Grove Isle’s location and facilities. Each home will have a private elevator, a private foyer, modern open concept kitchens with hidden top-of-the-line appliances, elegant bathrooms with hand-selected book matched marble, masterfully crafted Italian stonework, custom Italian cabinetry, and pre-installed smart home technology like lighting, climate control, and water/air filtration systems, as well as at least 10-foot-high ceilings.
In addition to 24/7 valet service, private, individually covered garages with EV charging stations, accessible bike storage, and the most cutting-edge technology and WiFi capabilities installed throughout the building, residents also enjoy additional amenities.
Residents will also profit from Vita at Grove Isle’s personal concierge service, which will be available to help with a variety of arrangements and services, including home provisioning, housekeeping, child and pet care, personal shopping, private events, private drivers and transportation, car detailing, mail collection and forwarding, package deliveries, and more. This service is in addition to Vita at Grove Isle’s restaurant.
Additionally, Vita at Grove Isle residents will have access to the ‘Vita Linc’ app, a digital concierge service, which will enable them to register visitors and give them electronic keys, get in touch with the building’s management, send each other private messages, check on pending and delivered packages, access appliance manuals and condo documents, and request vehicles from valet.
If you or someone you know have an interest in purchasing at Vita Residence at Grove Isle, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at 786-247-6332.
Construction for Alana Bay Harbor Islands Set to Top Off in 2024
A multi-million dollar residential development called Alana Bay Harbor Islands is planned to top-off and complete construction in 2024.
Alana Bay Harbor Islands is sited at 9901 W Bay Harbor Drive, Bay Harbor Islands, Florida 33154. The developer was required to demolish a low-rise apartment prior to development.
There will be 30 units in the seven-story residential tower, with one- to three-bedroom floor plans. Homes range in size from 1,229 square feet to 1,662 square feet. Units will start at $761,000.
A fitness center, kids’ play area, residents’ gathering room, and rooftop sanctuary are among the communal features. A pool with an infinite view is also present. Alta Developers is listed as both the developer and the general contractor.
The architect is Revuelta Architecture International. In its conceptual representations, a posh mid-rise structure with an art deco exterior made of glass is seen. In addition, the project has David J. Odishoo-designed lush gardens and high-speed wi-fi throughout all of the common areas.
Interior designer Bea Interior Design is responsible. The project was created using soft natural materials, custom millwork, and finishes that express a one-of-a-kind perspective on island life.
Developers for E11EVEN Residences Beyond Announces Exclusive Social Club with Chicago Roots
In Miami’s renowned Park West Neighborhood, the ultra-luxury, dual-tower E11EVEN Residences Beyond will house The Clayton, an exclusive private social club with Chicago roots. The upscale social club from Chicago will take up 10,000 square feet on the second floor of the tower, which is being built at 90 Northeast 11th Street and being developed by PMG and E11EVEN Partners.
With facilities in Chicago and Washington, D.C., and a reputation for being both reassuringly elite and welcoming, The Clayton focuses on giving its members and visitors an ultra-premium experience and exceptional memories. In addition to exclusive meeting rooms and cigar hideaways, the club itself will have beverage and dining experiences. The club will be located at E11EVEN Residences Beyond on the second floor of the structure.
According to the Managing Partner at PMG, Ryan Shear, “E11EVEN Residences Beyond is a catalyst for growth and new energy in District 11. The Clayton perfectly aligns with the vibe and exclusivity of E11EVEN Residences Beyond and will offer the residents a unique experience. We are thrilled to curate first-time experiences in Miami by partnering with world-class tenants and partners.”
The first tower, E11EVEN Hotel & Residences Miami will feature 449 turnkey residences and hotel rooms, while E11EVEN Residences Beyond, the second tower, has 558 ultra-exclusive condominiums. Both residences have a presidential collection and penthouse suites in addition to floorplans that range from studios to two bedrooms. Each unit has fully integrated “smart building” technologies, Subzero and Wolf kitchen appliances, ITALKRAFT Italian-made handmade cabinets, premium finishes, and designer-selected furniture. Internationally renowned Sieger Suarez Architects will create the buildings’ towering 65 stories, while award-winning design firm AvroKO will create their interiors.
A multi-level 20,000 square foot day club, a world-class wellness center designed by Chopra Spa & Studio, an 8,000 square foot sports lounge in the style of a casino, a members-only rooftop experience, a world-class med spa, and five-star dining options are just a few of the amenities offered by the E11EVEN Hotel & Residences. Buyers at E11EVEN Residences Beyond will have exclusive access to their own variety of private facilities in addition to the first tower’s amenities to create an ultra-exclusive, buyers-only experience. These consist of a helipad, a sundeck with a pool and private lounge spaces that seems like a resort, a modern fitness facility, and executive office suites with employees on hand.
EDITION Residences Sales Center Officially Debuts
The $10 million state-of-the-art sales gallery for EDITION Residences Edgewater, the world hotel brand’s first standalone collection of fully serviced luxury condominium homes, has been unveiled by Two Road Development following the opening of sales late last year. Future homeowners will be able to immerse themselves in the EDITION-branded quality of design, lifestyle, services, and facilities that the project will bring to Miami’s Edgewater area.
At 2121 North Bayshore Drive, in the center of Edgewater, one of Miami’s most exclusive areas for luxury, waterfront high-rise living, you’ll find EDITION Residences, Miami Edgewater. With 185 custom units displayed in a sleek glass skyscraper created by visionary architect Bernardo Fort-Brescia, founder of Arquitectonica, and celebrated interiors by Studio Munge headed by Alessandro Munge, the 55-story structure will have more than 800 linear feet of bay frontage.
The EDITION Residences, Miami Edgewater are expected to be completed in 36 months, with construction set to start in the summer of 2023. More than $160 million in reservations with contract conversions are anticipated to start within the next month.
The official opening of the sales gallery, which is conveniently close to the EDITION Residences site at 2060 North Bayshore Drive, Ste. B-101, was celebrated on March 30, 2023. Many VIPs and A-listers, including Francis Suarez, the mayor of the City of Miami, and members of South Florida’s real estate elite, attended the extravagant event. DJ Ruckus gave a surpise performance at the unique event. The evening came to a close with an enthralling drone display that filled the Miami sky with vibrant images.
The sales gallery is meticulously designed, with neutral-colored furnishings, lush flora, and architecturally distinctive details placed all about the room. A virtual reality room that offers unrestricted views of Biscayne Bay, the Atlantic Ocean, Downtown Miami, and the Miami Beach skyline captures the essence of indoor-outdoor living. The sales center has a copy of the master bathroom, kitchen, and living area to show off the building’s spacious floorplans and cutting-edge features.
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 lucas@miamicondoinvestments.com or by phone at (786)247-6332.
Gazit Horizons Submits Plans to FAA for Brickell Gateway Tower
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.