Tag Archives: pre construction condos

Two Roads Development Launches Sales on Edition Residences Miami

Two Roads Development Launch Sales on 3 Tower Project- Edition Residences

Two Roads Development Launches Sales on Edition Residences Miami

Two Roads Development has just announced the launch of a 3 tower development designed around the Edition branding, Edition Residences Edgewater, with sales launching for tower 1.

With Marriott’s global reach, operational know-how, and size, this brand offers the personalized, intimate, personalized, and distinctive accommodation experience for which Ian Schrager (owner and operator) is renowned.

The Edition brand not only includes excellent design and genuine innovation, but also individualized modern service, and exceptional, one-of-a-kind food, beverage, and entertainment options.

Previously called Biscayne 21, the Edition project located at 2121 N. Bayshore Drive feature 185 condo units with pricing starting at $1.7 million. With 2 of the towers still being planned, it is unknown whether they will also have the ‘Edition’ branding.

Twos Roads Development is also responsible for Biscayne Beach and Elysee towers. Arquitectonica is listed as the architect.

In May 2022, Two Roads paid $150 million for the site which included Biscayne 21, a 191-unit tower currently on the site.

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

Gallery at Lummus Parc

Related Group Requesting Permission to Develop Mixed Use Project on Miami River

Gallery at Lummus Parc

The Related Group’s affordable housing division, Related Urban Development Group, is requesting permission to develop a mixed-income housing development on Miami-Dade County property close to the Miami River.

The ground lease and development agreement with the Miami-based developer for the 1.05-acre site at 395 N.W. 1st St. and 25 N.W. River Drive will be up for consideration by the County Commission on September 1. There is a two-story county office building there right now.

The site is close to Interstate 95 to the west, Flagler Street Bridge to the north, and Lummus Park to the south.

In January 2021, the county released a request for proposals (RFP) to find a developer for the land, and Related Group was selected as the successful bidder.

The developer would lease the land from the county under the proposal for 75 years in exchange for a $1.54 million down payment and annual fee equal to 16.5% of the project’s revenue flow. Over the course of the lease’s 75-year term, the county calculated that the payments would total $238.8 million.

The Gallery at Lummus Parc was a project that Related Group predicted would cost $151.7 million to complete.

It would include 439 apartments in two 30-story towers, as well as 5,400 square feet of retail space, a 478-place parking garage, and a cultural installation showcasing Lummus Park’s heritage. An overpass over Northwest First Street would connect the towers.

On the eleventh floor, there would be an amenities deck with a pool, a club room, a workout facility, Zoom rooms, a game room, and a lounge.

Some of the apartments would have cheaper rents and be income-restricted. According to the agreement, 20% of the flats would be reserved for residents earning up to 50% of the area median income and another 20% for residents earning up to 140%. There would be no constraints on income for the remaining flats.

Miami’s average household income is $44,268. The Gallery at Lummus Parc is anticipated to fill some of that demand as local workers have found it more and more difficult to afford residences in the city due to recent double-digit rent increases.

The sizes of the flats would be between 495 and 1,220 square feet. There would be 28 three-bedroom homes, 99 studios, 177 one-bedroom units, and 135 two-bedroom units.

The Related Group representatives declined to comment. According to the proposal, a federal opportunity zone investment fund, Charlotte, North Carolina-based Grandbridge Real Estate Capital, and low-income tax credit equity from JPMorgan Chase and Raymond James would all contribute to the project’s partial funding.

The concept was created by Miami-based CFE Architects. The developer is represented in the application by Miami attorneys Terry M. Lovell and Al Dotson Jr.

Cipriani Residences Miami Lobby

Cipriani Residences Miami Reveals New Interior Renderings

Cipriani Residences Valet

With the newest condominium project in Miami, Cipriani Residences Miami is adding to its illustrious portfolio once more with its exclusive first glimpse at the exquisite interiors of the highly anticipated development.

The renowned hospitality organization chose the internationally renowned studio 1508 London to design the interiors of Cipriani Residences Miami, which is the group’s first residential skyscraper built from the ground up. 397 homes with one to four bedrooms will be available in the building, all of which have views of Coconut Grove, Brickell, and Biscayne Bay.

The Cipriani Residences Miami exudes a stylish, contemporary ambiance, similar to the burgeoning Brickell district, but with a European flair. Consider furniture covered in Italian leather, chandeliers from Venice, and rooms with beautiful walnut finishes. The enormous curved glass high-rise by Arquitectonica blends seamlessly with the city’s financial district’s skyline.

The double-height foyer, which modernizes Venetian design, is one of the building’s most alluring aspects. The elegant area is layered with Italian terrazzo floors, oak accents, and an actual Murano glass chandelier. It was designed to transition from day to night. The color scheme combines distinctive Cipriani tones with warm camel and blue tones.

Each house, which ranges in size from 1,213 square feet to 3,495 square feet, includes floor-to-ceiling glass windows, large terraces, and lofty 10-foot ceilings as standard features. Among the opulent features you’ll discover inside are open eat-in chef kitchens, integrated Wolf Sub-Zero appliances, and light pendants with Art Deco influences, as well as Dornbracht fixtures in the main bathroom and, of course, handcrafted Italian cabinetry designed to reflect the Cipriani aesthetic.

CEO and Founder of Mast Capital stated, “The interior design of Cipriani Residences Miami demonstrates a fundamental richness that recalls the timeless elegance of four generations of the Cipriani family. 1508 London has envisioned an offering that captures both the inherent spirit of Cipriani and the sophisticated lifestyle of Miami.”

The developer is expecting a sellout of approximately $1 billion. The groundbreaking is anticipated for the end of 2022 with a top-off date in 2025 with a completion date in 2026. Reservations are expected to be converted to contracts next month which will coincide with the launch of their sales center.

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

Cipriani Residences Lobby
Cipriani Residences Miami Library
Cipriani Residences Miami

Cipriani Residences Receives FAA Height Approval for 3 Tower Project

Cipriani Residences Miami

As the approval and permit process continues for Miami’s newest luxury tower in Brickell, Cipriani Residences is one step closer to construction.

The developers for Cipriani has just received approval for the height clearance for the 3 tower development with one tower at 80 stories, one at 60, and another at 50 stories. According to the Federal Aviation Administration, the tower is approved at 940 feet above ground or 950 feet above sea level.

The two rental towers have a maximum height of 693 feet above ground.

Cipriani Residences Miami, located at 1420 South Miami Avenue in Miami’s renowned Brickell area, which will represent the famous brand’s elegant design and exceptional service. 

Mast Capital paid $103 million, marking this transaction as one of the largest in Miami-Dade in 2021.

Cipriani is currently working with Mast Capital and Arquitectonica to bring this luxury building to life. Not only will the tower feature luxury amenities, but each residence will offer custom finishes and gorgeous designs.

The project will features 1,300 residential units spreading over the 3 towers, 18,300 sq. ft. of restaurant space, and 1,600 parking spaces.

For this specific project, Mast Capital has partnered with a private real estate equity firm, Rockpoint, which will be responsible for the multifamily component. Mast Capital will be utilizing MSD and CanAm for financing.  Arquitectonica is listed as the architect for the project.

The groundbreaking for this project is anticipated for Q4 of 2022 with a completion date in 2026.

The Elser Hotel and Residences Miami

PMG and Partners Rebrand Society Residences as The Elser Hotel and Residences

The Elser Hotel and Residences Miami

In a bold move, PMG and their partners have recently changed the name of their new construction project Society Residences Miami to The Elser Hotel and Residences. According to their press release, “the new brand provides a more cohesive DNA and identity for both the residences and the hotel which reflects Downtown Miami’s transformative legacy.”

The Elser Hotel and Residences are located in the same lively area and have the same sparkling views of Biscayne Bay that Elser Pier did in the early 1900s. Elser Pier’s prime location in Miami’s thriving downtown area contributed to its status as the city’s top convention and entertainment hub. Tourists and locals alike were drawn to the pier’s variety of venues and waterfront views. The legacy and extraordinary success of Elser Pier altered the future outlook for the corridor and created the foundation for the bustling bayfront metropolis we know today.

The Elser Residences Miami is a development of carefully designed studio, one-, two-, and three-bedroom condos. Elser, located in Miami’s most alluring area, Downtown Miami, will provide a vibrant and rich community fuelled by culture, glitz, and wellness. Find a wealth of amenities for living, working, and playing. Units will be available this summer for move-in.

Facts and Features

  • 49-story tower located in Downtown Miami
  • Developed by PMG and Greybrook Partners
  • Designed by internationally renowned architecture firm Sieger Suarez Architects
  • Approved for short-term rentals
  • On-site hospitality management
  • Views of the Miami skyline, unobstructed views of Biscayne Bay and the Atlantic Ocean
  • Over 19,000 square foot double-height amenity deck overlooking Downtown Miami
  • and Biscayne Bay
  • 132-Foot Resort Style Pool with private lounge areas
  • Two-Level Modern Gym & Fitness Studio
  • Co-working Lab
  • Valet Parking
  • Electric Vehicle Charging Stations
  • Latest Smart Building Technology

Only The Elser Hotel & Residences Miami would have a short-term rental program that was expertly run by a five-star operator among the current inventory in Miami. The structure would be open to unlimited day rentals. Delivery is anticipated to occur in August 2022.

Casa Bella Penthouse Duplex Balcony

New Interior Renderings Revealed for Casa Bella Residences Miami

Casa Bella Residences Lobby

Casa Bella Residences Miami is one of the newest pre-construction developments that will soon join the Miami skyline. At first, we only were able to see a small glimpse into the design of the project due to just a few exterior renderings being released.

Now, the developer has revealed interior shots of the project and they are a must-see. The newest interior renderings include the lobby, an upper lounge area, a restaurant, a gym, penthouse interiors, and much more.

Casa Bella Residences Rooftop Pool Deck

Casa Bella will feature 3 towers and 2 will rise 57 stories while 1 will rise 50. The first tower will feature 300 luxury units although 1,430 residential units have been approved for the site. The towers will have 1,629 parking spaces and will be connected by a podium.

Casa Bella Penthouse Duplex Balcony

Tower 1 at Casa Bella will feature 1 to 5-bedroom floor plans with only 6 units per floor. Interiors will be designed by Pierro Lissoni with landscape architecture by Enzo Ena. The double-height lobby will also be designed by Lissoni and will feature a mixture of sophistication and modern designs with a permanent collection of museum-quality art located throughout. 

Unit Features

  • 306 luxury condos including an exquisite penthouse collection of 24 penthouses
  • Residences offer 1, 2, 3, and 4-bedroom layouts with 10’ ceilings
  • Penthouses offer 2, 3 + Den, and 5-bedroom layouts with 11-12-foot ceilings
  • Units range in size from 711 to 5,890 square feet
  • All residences feature 2 private elevators and a foyer, which is unique in Miami
  • Biometric access-controlled elevators
  • Floor-to-ceiling impact-resistant windows
  • Modern European-style kitchens and bathrooms designed by Piero Lissoni featuring Italian cabinetry by ItalKraft
  • Premium black glass appliance packages with integrated 36” Sub-Zero refrigerators/freezers, integrated paneled dishwasher, built-in Wolf convection oven, and speed oven, and oversized stainless-steel radius sink with faucet drawer
  • Master bathrooms, designed by Piero Lissoni, boast frameless glass-enclosed showers, oversized tubs, imported porcelain flooring/wet walls, backlit vanity mirrors, and separate water closets
  • Two penthouses feature private rooftop terraces complete with private summer kitchens and spa tubs
  • Select units offer powder rooms
  • Spacious private terraces with spectacular water and city views
  • Casa Bella offers an extraordinary opportunity to have your residence curated by B&B Italia, Italy’s leading furniture brand

Tower Amenities

  • 2 full floors of private amenities
  • State-of-the-art wellness and fitness center offering on-demand services
  • Yoga room
  • Spinning room
  • Salon with manicure/pedicure stations
  • Adult entertainment lounge
  • Game room
  • Kid’s playroom with smartboard and educational games
  • Residents’ party room
  • Wine room
  • Movie theater
  • Museum-quality curated art collection
  • High-tech business center with conference room
  • Co-workspace
  • Pet spa
  • Expansive pool deck situated on the 11th floor overlooking Biscayne Bay
  • 78’ lap pool
  • Outdoor spa
  • Poolside bar and café
  • Poolside cabanas and lounge areas
  • Towel service
  • Sun-care kiosk
  • Open-air lawn perfect for yoga
  • Lush gardens were designed by acclaimed landscape architect Enzo Enea
  • Pickleball court
  • BBQ with outdoor dining area
  • Ground-level restaurant open to the public
  • 56th-floor Sky Terrace boasts rooftop pool and observatory (650 feet) with a high-tech telescope
  • 24-hour valet parking
  • 24-hour security
  • 24-hour maintenance staff
  • Multilingual team on site
  • On-demand concierge services are available including housekeeping, grocery shopping, “while you’re away” butler services, dry cleaning, childcare, pet care, courier services, translation service, and more
  • Residents enjoy a 1-year complimentary membership at the Grand Bay Beach Club in Key Biscayne
Casa Bella Residences Penthouse Duplex Living Room

The location of this tower places residences near the Adrienne Arsht Center for the Performing Arts and the Miami International University of Art and Design. The Omni Station Bus Loop is also 1 block away.

In May, Casa Bella sold 60% of its inventory in just 5 months. Currently, international buyers are representing around 50% of new construction developments while earlier in the year, they were only representing 20%.

Construction for the development is estimated for winter 2022 with an anticipated completion date of 2025. If you or someone you know have an interest in purchasing at Casa Bella, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Casa Bella Residences 11th Floor Yoga Lawn
YotelPad Rendering

YotelPad Has Officially Opened to Guests

YotelPad Miami in Downtown Miami

As of yesterday, YotelPad has officially opened to guests for the first time since construction has been completed. Sales for the tower began in late 2020 and the development sold out within 15 months after breaking ground.

Developed in a joint venture between Aria Development Group and AQARAT, YotelPad Miami is located at 227 NE Second Street in downtown Miami. The tower include 231 residential units while the hotel features 222 hotel rooms.

Condo units that range from 417 SF studios to 708 SF two-bedrooms. These units are located on floors 15 through 30. There are also 222 hotel units branded by the Yotel Britsh chain that occupy the lower levels of the tower. 

Although the units have sold out even without a parking garage, prices for the condo units ranged from $450,000 to $500,000 and the developers have confirmed that more than half of the buyers were from China, Mexico, and Columbia.

The units will also feature high-end appliances including an Electrolux washer and dryer, Grohe and Toto bath fixtures, Smart thermostats, Smart Lock System, and custom furniture packages.

Tower Amenities:

  • Elevated deck with pool, hot tub, and bar
  • Full-service restaurant and bar with outdoor paseo
  • Organic matcha bar
  • State-of-the-art fitness center
  • Private meeting rooms with co-working space
  • Valet parking
  • TransitScreen displays all your mobility options,
    in real-time
  • Private residential lobby with destination dispatch elevators
  • 24-hour security and concierge
  • Secure storage unit for each residence
  • Enclosed bicycle storage
  • Skytop Lounge featuring a game area and chef’s kitchen
  • Digital package concierge

Stantec is the architect behind Yotelpad. Each unit offers carefully cultivated floorplans with integrated living and dining areas.  The fully-finished interiors feature contemporary flooring with floor-to-ceiling glass windows with a European kitchen and baths showcase custom cabinetry with stone finishes as well as Smeg Designer Italian appliances. 

Major Residences Miami Ground View

Renderings and Sales Launched for Major Residences Miami

Major Residences Miami Ground View
Major Residences Miami Rooftop Aerial

Major news for the infamous hospitality group, Major Food Group! Major Residences (renamed 888 Residences), the 1,049-foot-tall skyscraper, is setting a new benchmark from the minute tourists approach the site. Major ushers in lifestyle-driven hospitality and great home architecture for Miami as a combined vision of four industry heavyweights, MFG, JDS, Studio Sofield, and Ken Fulk.

Major Residences Miami Pool Deck

According to the group, “This is the tallest, the most brilliantly designed, the best-in-class hospitality experience, with the best club, in the best city in the world.”

Major Residences Miami Terrace

Major Residences will be located at 888 Brickell Avenue in Miami and will have 259 unique luxury apartments ranging from 1 to 4 bedrooms designed by Studio Sofield and set to open in early 2026, with sales for the project commencing July 2022. Each of the Major units will be designed as a hybrid plan, with a “lockout” function that allows for smooth conversions between a private residence, suite, and/or guest room.

Amenities:

  • Access to the exclusive Major Club
    • Entertainment
    • Sports
    • Leisure
    • Wellness
    • Fitness
    • Pool deck
    • Terrazzo-clad sun deck
    • Private cabanas
    • Poolside service w/ a Major Food Group restaurant
  • 115,000 square feet of facilities

The Food & Beverage program will contain trademark Major Food Group brands and wholly new ideas developed by longstanding partner Ken Fulk, unique to Major Residences Miami.

Major Residences Miami Kitchen Rendering

The tower, designed by William Sofield, has a beautiful façade of ivory travertine and high-gloss steel columns, giving it a defined, graphic look and distinguishing it from the surrounding structures.

Major Residences Miami Lobby Entrance

The Porte-cochere, in a significant architectural gesture of skill and quality, greets with Gatsby-level enthusiasm via gold leaf trims, massive slabs of travertine, and white-glove service, setting the tone for the building’s mood.

Major Residences Miami is estimated to be completed summer of 2026. If you or someone you know have an interest in purchasing at Major Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.

Major Residences Miami Tower View
Two Roads Development Proposes 3 Tower Development in Edgewater

Two Roads Development Buys $150 Million Edgewater Site for a 3 Tower Project

Two Roads Development Proposes 3 Tower Development in Edgewater

Two Roads Development recently purchased a $150 million development site in Miami’s Edgewater neighborhood, with the intent to build a 3-tower luxury condominium complex.

With the purchase of Biscayne 21, a 1960s-era condo with 191 units, Two Roads obtained the 3.5-acre beachfront lot located at 2121 North Bayshore Drive for $150 million.

Arquitectonica’s Bernardo Fort-Brescia will design the tower, which will contain branded apartments and luxury condo units.

Three Roads Development plans to build the 3 towers rising 60 stories tall or about 649 feet tall with up to 750 residential units and apartments.

The sellers which include 176 unit owners, were represented by an Avison Young team led by John Crotty and Michael Fay. More than two years ago, the unit owners came together and hired Avison Young to offer their property in bulk to Two Roads Development.

According to the Avison Young team, the unit owners were able “to negotiate for a multiple of more than three times what the sellers would have sold their individual units for on a one-off basis.”

Two Roads is a West Palm Beach and Miami-based developer that is known for its other towers including Elysee and Biscayne Beach.

Casa Bella Miami by B & B Italia

Casa Bella by B&B Italia Reaches 60% Sold

Casa Bella by B&B Italia

Casa Bella by B&B Italia located in Downtown Miami on Biscayne Boulevard has just reached 60% sold within the first 5 months of launching sales.

Casa Bella will feature 3 towers and 2 will rise 57 stories while 1 will rise 50. The first tower will feature 300 luxury units although 1,430 residential units have been approved for the site. The towers will have 1,629 parking spaces and will be connected by a podium.

The newest tower will feature 1 to 5-bedroom floor plans with only 6 units per floor. Interiors will be designed by Pierro Lissoni with landscape architecture by Enzo Ena. The double-height lobby will also be designed by Lissoni and will feature a mixture of sophistication and modern designs with a permanent collection of museum-quality art located throughout. 

The location of this tower places residences near the Adrienne Arsht Center for the Performing Arts and the Miami International University of Art and Design. The Omni Station Bus Loop is also 1 block away.

With the reopening of borders and the lifting of the pandemic restrictions as of November 8, 2021, we will likely see an increase in international buyers, especially for the new construction towers. Currently, international buyers are representing around 50% of new construction developments while earlier in the year, they were only representing 20%.

Construction for the development is estimated for winter 2022 with an anticipated completion date of 2025. If you or someone you know have an interest in purchasing at Casa Bella, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.