Fort Partners Purchase Land in Surfside to Build 14-Story Condo
A subsidiary of Fort Partners, which constructed the opulent Four Seasons Residences at the Surf Club in Surfside, spent $41.5 million for an oceanfront plot of land in the community where a new condominium will be constructed.
9165 Surfside LLC, acting on behalf of Wexford Real Estate Investors of West Palm Beach, sold the 0.54-acre site at 9163 to 9165 Collins Ave. to Hillcrest Land LLC, acting on behalf of Fort Lauderdale of Fort Lauderdale. 9165 Collins Ave Lender 1 LLC provided the buyer with a $50 million mortgage.
The Hillcrest by the Sea co-op building, which was constructed in 1949, is still located on the land, which is close to the north of the Surf Club. A premium apartment will be built in the place of that 24-unit structure.
The land will be redeveloped with a 14-story condo in 10 levels and 32 spaces in an underground parking garage, according to plans approved by town officials in 2022. Condos would be very big, with 10,000 to 12,500 square feet of space.
The proposal was created by Hollywood firm ODP Architecture.
This continues the pattern of older co-op and condo buildings along South Florida’s coast being purchased and renovated into luxury condos to accommodate the inflow of affluent out-of-state residents.
Just south of Collins Avenue, Fort Partners plans to build another condominium.
Shore Club Private Collection South Beach Unveiled by Witkoff and Monroe Capital
With the debut of the Shore Club Private Collection in South Beach, 49 residential units created by Robert A.M. Stern Architects will be available, including a brand-new, 200-foot-tall oceanfront tower that is the renowned designer’s nautically-inspired take on the region’s famous MiMo architecture.
With a rounded shape influenced by ocean waves and replete with nautical and yachting allusions, it will rise 18 floors and no floor plans are the same.
A pool and private gardens are just two of the resort-style features available to members of The Shore Club Private Collection apartments, which are managed by Auberge but offer solitude and seclusion within the 5-star resort.
Interior design elements include mahogany and oak woods, nickel, brass, and other light metalwork accents, swooping walls, and arched windows, all of which are references to the materials and shapes of classic yachts. Units will start at $6 million.
Four duplex houses are located on the upper floors of The Cromwell, a different 1939-built structure that is also being refurbished and integrated as a private entrance for residents.
A 6,000-square-foot single-family beach house for the Shoreclub Private Collection, which was similarly created by RAMSA, is also under construction.
On the project, RAMSA worked with Miami-based Kobi Karp Architecture & Interior Design. Landscape planning is being managed by Island Planning Corporation with developers Witkoff and Monroe Capital.
The Crosby Miami Worldcenter Construction One Step Closer to Breaking Ground
The Crosby Miami Worldcenter, has applied to the Federal Aviation Administration for height approval. According to a filing with the agency on January 12, the tower will be 377 feet above ground, or 390 feet above sea level.
The construction permit that was filed in July 2022 states that The Crosby will include 450 condo units and 3,370 square feet of retail in a 33-story tower.
The Crosby Miami Worldcenter will sit on 0.55 acres in the Park West neighborhood of Miami. The units themselves will be fully furnished and finished from studios to two-bedroom floor plans. Square footage will range from 350 to 825 square feet and pricing will begin in the low $300,000. Interiors will be curated by AvroKo.
Residence Features Include:
9-foot-high ceilings with floor-to-ceiling glass windows
Balcony with every residence
Finished interior and exterior flooring
Gourmet kitchens featuring custom Italian cabinetry
Bosch appliances, including paneled refrigerator/freezer, dishwasher, built-in convection oven/microwave, and cooktop
Rain showers in primary bathrooms and custom Italian vanities
Full-size washer and dryer in unit
Fully built-out closets
Contemporary lighting packages, including recessed lighting, dimmers, and lighting control
Brilliant smart-home system offering seamless personalization with the touch of a button, including the ability to control audio, climate, window treatments, and lighting systems
Smart keyless entry system allowing you to unlock your door via smart app, door code, keycard, or Apple Watch
The Crosby will be designed by Cohen Freeman Encinosa (CFE) Architects. The design of the tower appears modern with floor-to-ceiling glass windows on every floor and expansive terraces throughout. The Crosby features over 22,000 square feet of luxury amenities from a rooftop pool to a ground-floor restaurant.
Tower Amenities Include:
Expansive rooftop resort-style pool with jacuzzi, cabanas, and grilling stations perfect for entertaining
Inviting fire pit lounge with breathtaking views of the Biscayne Bay skyline
State-of-the-art fitness center featuring saunas and plunge pools
Clubroom with private dining and stunning water views
Convenient juice and coffee bar
Spacious coworking center
Gaming lounge
Curated museum-quality art throughout all common areas
24/7 security services, high-speed elevators, and controlled property access
24/7 concierge services European porcelain flooring
The Crosby will have no rental restrictions and the buyers are able to rent out their units using any available platform for as many days as they would like. In the announcement, Related expects the buyers to be mostly investors due to there being no restrictions.
If you or someone you know have an interest in purchasing at The Crosby Miami Worldcenter, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Why Choose Miami for Your Next Real Estate Venture?
The Miami real estate market is one of the most vibrant and dynamic in the country, with a wide range of properties available for buyers, sellers, and investors. Whether you’re looking for a luxurious waterfront mansion, a sleek and modern high-rise condominium, or a cozy single-family home, you’re sure to find something that fits your needs and budget in Miami.
One of the key factors driving the Miami real estate market is its location. The city is situated on the Atlantic coast of Florida, with easy access to beautiful beaches, world-class shopping and dining, and a wide range of recreational and cultural activities. This makes it a popular destination for both residents and visitors, which in turn helps to support a strong and stable real estate market.
Another important factor that contributes to the strength of the Miami real estate market is the city’s diverse and growing population. Miami is home to a large and diverse community of residents from all over the world, which helps to create a unique cultural scene. This diversity also makes Miami a popular destination for international buyers and investors, who are drawn to the city’s unique blend of cultures and styles.
Despite the ongoing global pandemic, the Miami real estate market has remained resilient and continues to thrive. In 2020, the prices for luxury real estate in Miami increased by around 20%, despite the economic downturn caused by the pandemic.
Miami is a fantastic place to buy, sell, or invest in real estate. With its location, growing population, and diverse range of properties, Miami offers something for everyone. Whether you’re looking for a primary residence, a vacation home, or a rental property, Miami is a great place to invest your money in real estate.
Uber and Miami’s Brightline Joining Forces
Uber and Miami-based Brightline have teamed together to give customers more transportation choices throughout South Florida.
The collaboration aims to satisfy client demand and improve Brightline+, a door-to-door service that already offers electric golf carts, airport and event shuttles, and door-to-door transportation.
According to the passenger rail firm, Uber will increase the number of vehicles available to passengers on the Brightline+ network. In the United States, this is the first time Uber has connected to a faster intercity rail service.
The Brightline app or website now allows users to add shared or private Uber rides when purchasing rail tickets. By guaranteeing a driver is waiting curbside to take passengers to their next location, the new in-app booking function aims to eliminate wait periods.
While Smart users can pay to add additional journeys to and from the station without distance limits, Brightline Premium passengers will receive complimentary rides within a 5-mile radius.
The fixed-route and electric vehicle shuttles of Brightline+ will still offer walkup rides. Destinations in Miami Beach, Miami International Airport, and Fort Lauderdale-Hollywood International Airport can all be reached via fixed-route shuttles.
In order to make it simpler for users to reach the stations and destination points, Brightline+ was introduced in 2021. Currently, Miami, Aventura, Fort Lauderdale, Boca Raton, and West Palm Beach all have Brightline stations. This year, it intends to start offering service to Orlando.
Developer Unveils New Renderings for St. Regis Residences Sunny Isles Beach
New renderings have officially been revealed for the highly awaited St. Regis Residences Sunny Isles Beach located at 18801 Collins Avenue in Sunny Isles Beach. The renderings give us more insight into the luxurious views as well as the amenities that St. Regis has to offer but don’t take our word for it, look for yourself.
This beachfront ultra-luxury residential complex will consist of two 62-story towers that will add to the already growing Miami skyline. St. Regis Residences Sunny Isles Beach will be designed by Arquitectonica with interiors by So Paulo-based Anastassiadis and landscaping by EDSA. The site itself will feature 435 feet of beachfront property with panoramic views of both the Intracoastal Waterway and the Atlantic Ocean.
The two towers will be referred to as the north and south towers. Sales will be launched on the South tower first with options of 194 residences that range from 2 to 4-bedroom floor plans including a selection of penthouses. The North tower is planned to feature 180 residences but sales will launch at a later date.
The residences themselves are exactly what you would think of when you hear the name St. Regis, and that’s luxury.
Residence Features:
Spacious floor plans boasting unobstructed ocean, city, and Intracoastal views
Ceiling heights clearing 10ft in regular units and 12ft in penthouses
Fully finished with flooring and closets
Private elevator and entry foyer in all residences
Service elevators
Italian-designed kitchens with Quartz countertops
Miele appliances including a wine cooler
Walk-in closets in all primary bedrooms
Laundry rooms with full-size washers and dryers
Smart home technology ready
Service quarters in select residences
Full-floor residences with spacious floor plans
East and West terraces with pool on the east
Spacious terraces with luxurious private pool and jacuzzi
Summer Kitchen
Custom-designed Italian cabinetry
Graciously appointed primary suits and separate service quarters with separate entrance
Stunning, 360-degree views of the Atlantic Ocean and Intracoastal Waterway
Indoor BBQ
Indoor/Outdoor living space
Spread throughout the 2 towers will feature 70,000 square feet of amenities.
Managed by the St Regis Hotel Company, without hotel premises.
Grand entry driveway and 2-story porte-cochere
Impressive two-story lobby
10 Guest Suites per Tower
Concierge Services
Pet-friendly and much more
Private beach facilities
Oceanfront and sunset pools
A signature restaurant
Wellness center
Spa
Athletic club
The construction plans show 1,000 parking spots available for residents and the starting price for units begins at $3.5 million. The project is expected to begin in 2023 and be delivered in 2026.
If you or someone you know have an interest in purchasing at St. Regis Residences Sunny Isles Beach, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
New Development Proposed at Brickell Key
Swire Properties submitted a request to the Federal Aviation Administration in late December in order to bring the supertall development to Brickell Key, a posh residential island outside of Miami’s financial sector.
According to the designs, there will be two towers: one rising 700 feet and the other rising 1,049 feet, making it a supertall skyscraper. At the southernmost point of the enclave, at Brickell Key Park, both would be situated.
The vacant land at the southern end of Brickell Key, which the firm claimed was being kept for development or sale, is owned entirely by Swire Properties, according to the company’s 2021 annual report.
Although Swire’s precise plans for the property are yet unknown, the park is zoned for residential use. Additional to the development’s height, no other information regarding it is included in the application.
The 2.4-acre park was purchased by the Miami-based developer in 1997. There is currently no developer listed on the FAA filing.
Miami’s First Distillery Opens February 2023
Tropical Distillers, a liqueur manufacturer, has opened Miami’s first distillery. A fully automated distillery with an on-site cannery, a 30-seat bar, and tasting room, and a gift shop with items only available at the distillery are all included in the area.
The facility creates JF Haden’s Craft Liqueurs line, which includes flavors including mango, lemon, and coffee. Also being developed are several additional goods.
Buzzy Sklar, the CEO and founding brand partner of Tropical Distillers, together with Mike and Maurkice Pouncey, two former NFL players, and real estate agent Kim Rodstein are partners in the distillery.
According to Sklar, “doesn’t fit any mold; we are one-of-a-kind in Miami, offering locals and visitors alike a unique beverage destination that is not only entertaining and aesthetically pleasing, but also informative.”
Visitors will be able to sample cocktails including the Cafecito Martini, Floridian Martini, and a variety of frozen drinks on Fridays and Saturdays from 5 pm until midnight.
A 1,500-square-foot outside deck at Tropical Distillers offers more seats and access to nearby food trucks. The neighborhood of Allapattah’s 8,000-square-foot location was scheduled to debut in December 2021 but was held back.
From Thursday through Sunday, at 1 pm, 3 pm, and 5 pm, there are guided tours available for $25. The event includes pick-ups from places in Miami and tastings of five different concoctions.
Financing Obtained for 3 Tower Development Near Miami River
Truist Bank, based in North Carolina, has given the Related Group, a $164 million construction loan for the first of three skyscrapers planned for a premium 3.9-acre development site along Brickell Avenue, south of the Miami River.
The 47-story building, also known as One Brickell Tower II, is expected to rise at 77 Southeast 5th Street to a height of about 478 feet and contain 506 units. The entire mixed-use development, which includes the anticipated 75-story Baccarat Residences Miami and an 82-story hotel and residential tower, is designed by Arquitectonica. The tower’s general contractor is John Moriarty & Associates, and work is anticipated to start next month.
The most recent rendering for One Brickell Tower II shows the structure from a ground-view angle as seen from Brickell Avenue with Icon Brickell visible in the background. The sign that reads “The One” atop a planted wall signals that this is the first time we have seen branding for this stage of the project.
A double-height lobby with a covered entry and exposed concrete support columns can be found at the tower’s base. These columns rise into what could be described as an undulating wall of balconies.
The balconies are enclosed by continuous horizontal bars of glass, and the exterior walls are covered in smooth stucco that has a grayish appearance. The site, which will feature a drop-off facility along Brickell Avenue, is surrounded by extensive landscaping. The three towers will be connected by a multistory pedestal. That connecting podium will accommodate an outdoor amenity level on its roof and include parking spots.
Plumbing, excavation, and site work permits were given last year. Due to unpaid permit fees, vertical construction permits are still pending. In 2020, FAA building permits were issued.
Exclusive Wine Experience Opens in Miami
Maison Mura, a refined wine and spirits engaging experience, has opened in Downtown Miami at 333 SE 3rd Avenue. The owners and long-time friends Matthieu Yamoum, the former Wine Director of New York’s Baccarat Hotel, and Philippe Vasilescu, the former Brand Ambassador for the prestigious LOUIS XIII Cognac de Remy Martin, will serve and sell an extensive selection of premium wine and spirits, as well as a refined food menu.
Both have extensive and complementary experience in the fine wine and spirits industry and have been working on this project for over 2 years to bring this bespoke experience to Miami.
According to Vasilescu, “At Maison MURA, we love what we do and are excited to offer our guests in Miami a comprehensive wine list and menu that is thoughtful and provides a tailored and memorable experience whatever the occasion is! We will always strive to offer a truly personalized service and consistently propose the finest expertise available to all of our clients.”
Although open to all, Maison MURA also has a membership limited to 150 clients who get priority access to exclusive events, tastings with the world’s top winemakers, and invitations to special events and experiences not only in Miami but all over the world.
Other benefits include early access to pre-sold and “en primeur” wines that are nearly impossible to obtain, priority reservations of the private room for hosting events, and priority storage of any wines and spirits purchased through the shop at their upcoming warehouse. Membership can only be obtained through Matthieu or Philippe. The concept is open daily from 11 a.m. to 10 p.m.
Colliers International’s Ryan Brodsky and Jonathan Carter represented Maison MURA, while Koniver Stern’s Lyle Stern and Kerry Newman represented the landlord in the 2,500 SF lease at Met Square 333 SE 3rd Avenue.
