Luxury

Melo Group Launches Sales Of Twin 62-Story Aria Reserve Miami

7:30 am on June 17, 2021 By Oscar Nunez

Recently, YIMBY posted on a pair of twin towers previously known as Island Bay proposed by the Melo Group, one of the most active high-end residential real estate developers in all of Miami. Just days later, the developer has officially launched sales on the south tower of the project, now officially known as Aria Reserve Miami, which is set to rise on 5-acres of land addressed as 700 Northeast 24th Street in Edgewater, Miami. The floor count has been bumped up to 62-stories and the towers should rise to 649-feet above sea level, granting the development the title of the tallest waterfront residential twin buildings in the country, yielding a total of 782 residences.

Legacy Hotel & Residences Coming to 942 Northeast First Avenue, Miami, FL, 33132

7:00 am on June 17, 2021 By Colt Dodd

Legacy Hotel & Residences, a $178 million project, is currently in its “permitting” phase, according to the Construction Journal. Per the development’s website, the luxury complex features a one-acre pool deck, rooftop bar, and 50,000-square foot medical clinic.

Luxury Residence Nautilus 220 Coming to 220 Lakeshore Drive, Lake Park, FL, 33403

7:00 am on June 16, 2021 By Colt Dodd

Nautilus 220, an $180 million mixed-use development in Palm Beach County, FL, is currently in the redesign phase, per the Construction Journal. Upon completion, the complex will comprise both retail and residential space. It’s currently being managed by Forest Development LLC, an international real estate development firm. Nautilus 220 is one of its biggest projects right now.

The Driftwood. Designed by Arquitectonica.

Shoreline Development Review Committee Reviewing Proposals For The Driftwood In Bay Harbour Islands

7:30 am on June 15, 2021 By Oscar Nunez

The Shoreline Development Review Committee of Miami-Dade County is currently reviewing proposals for a project tentatively known as The Broadwater, a 7-story luxury multi-family building at 9927 & 9955 East Bay Harbour Drive in Bay Harbour Islands. Bounded by Biscayne Bay to the east, the structure should rise to 75-feet and yield 26 living units with 55 parking spaces. Bay Harbour Driftwood LLC is the applicant listed in the filing.

Avenir at Windgate Coming to 9373 Crestview Circle, Palm Beach Gardens, FL, 33412

7:00 am on June 15, 2021 By Colt Dodd

Avenir at Windgate is a luxury residential community coming soon to Palm Beach Gardens, FL. Per the South Florida Business Journal, the developers have recently purchased over 445 acres of land for the second phase of the project.

Melo Group’s Twin 60-Story Island Bay Towers Proposal For 700 NE 24th Street In Edgewater, Miami

8:00 am on June 14, 2021 By Oscar Nunez

The Melo Group, one of Miami’s the most active high-end real estate developers, has their eyes set on the redevelopment of 3.68 acres of land spanning several blocks beside Biscayne Bay in Edgewater. In August of 2019, the developer unveiled plans for Island Bay, two twin 60-story mixed-use towers featuring designs by non other than Arquitectonica, and both reaching a structural height of 637-feet. The site of the proposal is addressed as 700 Northeast 24th Street, which includes approximately 168,262 square feet of total area across 24 parcels.

501 First Residences. Designed by Revuelta Architecture International.

Additional Renderings And Schematics Revealed For 501 First Residences In UDRB Application

8:00 am on June 13, 2021 By Oscar Nunez

Just a month after the unveiling, Aria Development Group has submitted applications to the Urban Development Review Board seeking approvals for the construction of their upcoming 40-story tower known as 501 First Residences in Downtown Miami. Designed by renown architect Revuelta Architecture International with interiors by Shim Projects, the development is located at 501 Northeast 1st Avenue, at the south-western corner of the interior lot including the addresses 121 NE 5th St. and 515 NW 2st Ave. The tower is expected to yield 393,912 square feet, including 448 fully furnished luxury residential units and 3,127 square feet of commercial space.

Monad Terrace. Designed by Ateliers Jean Nouvel.

Monad Terrace Sells 80% Of Its Inventory With Penthouse Units Sold Out

8:00 am on June 12, 2021 By Oscar Nunez

New York City-based JDS Development Group, one of the country’s leading companies in real estate development, has announced 80% of the inventory at Monad Terrace has been sold including all four penthouses. Designed by world-renowned design firm Ateliers Jean Nouvel, Monad Terrace is a high end residential development comprised of two structures of 7 and 14 stories, addressed as 1300 West Avenue and located along Biscayne Bay with it’s interior lot nestled between 13th Street and 14th Street. This sales milestone has been reached with the recent closing of one of the building’s crown jewels, the opulent PH-A, which sold for $11.8 million.

Evvo House Miami Hotel. Designed by RAD Architecture.

Applications Submitted For Evvo House Miami Hotel At 8001 NE Bayshore Court In Miami’s Upper East Side

8:00 am on June 11, 2021 By Oscar Nunez

Plans have been submitted to the Urban Development Review Board of Miami seeking approvals for Evvo House Miami Hotel, a 12-story mixed-use building to be located at 8001 Northeast Bayshore Court in the Upper East Side, Miami. The property’s interior lot faces Biscayne Bay to the east, bounded by the intersection between NE Bayshore Court. and NE 80st Street, also within close proximity to the John F. Kennedy Causeway along NE 79th Street that crosses over to Normandy Isles. 8001 Bayshore Group LLC, an affiliate company of Standard Partners LLC, is listed as the owner of the applications.

East End Capital Sells Class-A Wynwood Arcade To Black Lion Investment Group For $13.5 Million

7:30 am on June 11, 2021 By Oscar Nunez

Los Angeles-based Black Lion Investment Group lead by CEO Robert Rivani has picked up yet another major piece of property in Miami; the Class-A retail venue Wynwood Arcade has been sold to the firm, purchased from East End Capital for a total of $13.5 million. The property is located at 50 Northwest 24th Street in Miami’s Wynwood Arts District, bounded by NW 23rd Street to the north and wedged between N. Miami Avenue and NW 2nd Avenue. The purchase follows another recent transaction from Black Lion who spent approximately $12.1 million on waterfront restaurant building Amara at Paraiso, previously owned by the Related Group.

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