Miami

Citadel Leases 90,000 Square Feet Across Six Floors At 830 Brickell In Miami’s Financial District

Ken Griffin’s Citadel, a multinational hedge fund and financial services firm, signed the largest office lease to date at the under construction 830 Brickell, a 55-story Class A-Plus office tower that just recently topped off in Miami’s Brickell Financial District. The firm is taking up 90,000 square feet of space across six floors at the 724-foot-tall tower, which is designed by Adrian Smith + Gordon Gil Architecture with interiors by Iosa Ghini Associati and developed by Vlad Doronin’s OKO Group and Jonathan Goldstein’s Cain International. Construction is expected to complete later this year, anticipated to yield nearly 640,000 square feet of space. Civic Construction is managing construction with Ant Yapi.

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PMG And Greybrook Officially Launch The Elser Hotel & Residences In Downtown Miami

Property Markets Group (PMG) and Greybrook Realty Partners recently hosted an unveiling event to celebrate the launch of The Elser Hotel & Residences, a 49-story new construction luxury condominium tower at 398 Northeast 5th Street. Set in the heart of Downtown Miami with unobstructed views of Biscayne Bay, guests enjoyed a live band, experiential performances and endless champagne. Remarks were given by Ryan Shear, Managing Partner of PMG, and the PMG Residential sales team, Alejandra Castillo, Christian Tupper, Daiana Quiceno, Aura Aragon and Karine Carvalho. Designed by Sieger Suarez Architects with interior architecture and design by Cotofana Designs, The Elser Hotel & Residences will deliver the only new, fully furnished and move-in-ready residences to Downtown Miami this summer. The property will allow owners to enter a short-term rental program with daily rental options through The Elser Hotel & Residences Owners Program, managed by industry-leading management company Highgate.

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75-Story Baccarat Residences Miami Will Begin Vertical Construction This Fall

Vertical construction is expected to begin this fall for Baccarat Residences Miami, a 75-story luxury condominium tower planned for 99 Southeast 5th Street in Brickell, Miami’s Financial District. Designed by Miami-based international architecture firm Arquitectonica and developed by Related Group in collaboration with French luxury brand and fine crystal manufacturer Baccarat, the 848-foot-tall superstructure will yield approximately 806,326 square feet of space including 318 condominium residences, 8 penthouses, 28 riverfront flats and duplexes, 73,000 square feet of amenities and a 10,000-square-foot waterfront ground floor restaurant. New York City-based Meyer Davis is handling interiors and Enzo Enea is the landscape architect. John Moriarty and Associates of Florida Inc. is the general contractor.

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Related Group Proposes 167-Unit Mixed-Income Residential Project In Little Havana, Miami

Related Group recently filed plans for Gallery at Marti Park, a 12-story mixed-income development proposed for 450 Southwest 5th Street in the Little Havana neighborhood of Miami. Designed by Doral-based CMA Architects, the project aims at providing high quality housing for low income households at 30% and 80% of AMI as well as market rate households. Plans call for 167 residential units in a mix of one- and two-bedroom floor plans ranging between 622 and 850 square feet, of which 85 will set aside for low income housing, and a 5,200-square-foot community center.

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