Luxury

57 Ocean. Rendering courtesy of DBOX.

Arquitectonica-Designed 18-Story ’57 Ocean’ Condominium Sells Out As Development Reaches Completion

8:00 am on September 30, 2021 By Oscar Nunez

Construction is now complete at 57 Ocean, an 18-story condominium tower at 5775 Collins Avenue in Mid Beach, Miami Beach. Designed by renown architecture firm Arquitectonica and developed by Multiplan Real Estate Asset Management, the ultra-luxury residential development yields 69 units featuring interiors by Brazil-based Anastassiadis Arquitetos and penthouse units curated by Sofia Joelsson Design. The project made major headlines recently with the announcement of the sell out of inventory, including the sale of the pristine $36 million full-floor penthouse and in conjunction with obtaining a temporary certificate of occupancy.

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Downtown 1st. Designed by Melo Architecture.

Melo’s 57-Story ‘Downtown 1st’ Superstructure Continues Vertical Ascent In Downtown Miami

8:00 am on September 29, 2021 By Oscar Nunez

Construction is rising rapidly on Downtown 1st, a 57-story mixed-use building under construction in Downtown Miami’s Central Business District. Developed by the Melo Group, one of the most active real estate developers in South Florida, and designed by their in-house architects, Melo Architecture, the development consists of approximately 743,073 square feet of new construction including nearly 500,000 square feet of residential space across 560 dwelling units, 12,930 square feet of office space, 2,925 square feet of ground floor retail, and 453-vehicle parking garage. The project is addressed as 30 Southwest 1st Street, and will become Melo’s tallest rental skyscraper at completion. 

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E11EVEN Hotel & Residences. Designed by Sieger Suarez Architects.

Demolition Permits Filed For 20 NE 11th Street, Where 65-Story E11EVEN Hotel & Residences Is Planned

8:00 am on September 27, 2021 By Oscar Nunez

Demolition permits have been filed for 20 Northeast 11th Street, the property where the Sieger Suarez Architects-designed 65-Story E11EVEN Hotel & Residences is planned. Located in Miami’s Park West neighborhood, the interior lot is bound by N. Miami Avenue to the west, NE 11th Street to the north, NE 1st Avenue to the far east, and NE 10th Street on the south. New York City and Miami-based Property Markets Group and E11EVEN Partners, led by Michael Simkins, Marc Roberts and Dennis DeGori, are the developers for the mixed-use project. According to the filing, the cost of demolition will total $7,500

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2.6 Acre Development Assemblage. Image courtesy of Google Maps.

Transit-Oriented Mixed-Use Development With Hundreds Of Luxury Apartments Slated For Downtown West Palm Beach

7:30 am on September 26, 2021 By Oscar Nunez

WPB Fern Holdings LLC, a partnership between New York City-based L&L Holding Company, West Palm Beach-based Wexford Real Estate Investors (WREI) and Miami’s 13th Floor Investments, has acquired a prime 2.6-acre development assemblage in the heart of Downtown West Palm Beach. The interior lots include 418 and 464 Fern Street; 401, 415, 417 and 421 South Dixie Highway; 419 and 435 Gardenia Street, all bound by South Quadrille Boulevard to the east and located just a walk away from Brightline’s West Palm Beach high-speed rail station. The partnership is now entering pre-development planning and design work for a mixed-use project, which is expected to yield hundreds of highly-amenitized luxury rental apartments along with ground floor retail and restaurants.

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