Miami

Aria Reserve South Tower Scheduled For Groundbreaking In Early 2022 With 60% Of Units Pre-Sold In Under 6 Months

8:00 am on November 17, 2021 By Oscar Nunez

Melo Group has reportedly pre-sold 60% of inventory in under 6 months at the first phase of Aria Reserve, a 782-unit luxury residential development comprised of twin 62-story towers planned to be constructed at 700 Northeast 24th Street in Edgewater Miami. A major contribution to the boost in sales has been the recent lift of travel restrictions, as foreign buyers flock over to South Florida’s red-hot real estate market. Architecturally designed by Bernardo Fort-Brescia of Arquitectonica, with interiors by MORADA Haute Furniture Boutique and lush landscaping by ArquitectonicaGEO, the pair of glass structures will rise 649-feet along Biscayne Bay, and are anticipated to become the tallest twin towers along a water front in the country. The south tower will yield 383 units, and is scheduled to break ground early 2022.

E11EVEN Hotel & Residences Breaks Ground; Additional Renderings Revealed For E11EVEN Residences Beyond

8:00 am on November 16, 2021 By Oscar Nunez

Construction is now underway at E11EVEN Hotel & Residences, a 65-story mixed-use building set to rise at 20 Northeast 20th Street in Downtown Miami’s Park West District. Designed by Sieger Suarez Architects and developed between New York City and Miami-based Property Markets Group and E11EVEN Partners, the edifice is expected to rise 699-feet elevated 10-feet above sea level and yield 375 fully-furnished residences with interiors by AvroKO. The development team, sales team and city officials gathered at the official groundbreaking ceremony for the project on the evening of October 11, 2021, featuring performances by CeeLo Green and a fire dancer.

The First Tower Of The Magic City Innovation District Is Submitted To Miami’s Urban Development Review Board

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

A 25-story mixed-use tower proposed for the upcoming 17.75-acre Magic City Innovation District in Little Haiti has been submitted to Miami’s Urban Development Review Board for approvals. The developer behind the application is MCD Miami LLC, a partnership between real estate developer Plaza Equity Partners, brokerage firm Metro 1, and investment firms Luna Rouge and Dragon Global. Parcel 11 is the tentative name for the new building and it’ll be the first of several towers to rise in the new Special Area District, projected to yield 522,806 square feet of space including 349 residential units, 13,010 square feet of retail space, and an adjacent connected parking and amenities structure with 393 vehicle spaces.

E11EVEN Partners & Property Markets Group Announce The 65-Story E11EVEN Residences Beyond Tower

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

After the incredible success and fast sell-out of pre-construction luxury condos at E11EVEN Hotel & Residences, developers Property Markets Group and E11EVEN Partners are thrilled to announce they are launching a second phase to keep up with the unprecedented demand. Introducing E11EVEN Residences Beyond, a 65-story residential tower proposed to rise approximately 699-feet at 90 Northeast 11th Street in the Park West district of Miami, designed by non other than Sieger Suarez Architects. Set to offer a highly exclusive “members only” experience, the tower will yield 461 residences, a helipad and additional private amenities.

Sales Launch For The 70-Story Okan Tower At 555 North Miami Avenue In Downtown Miami

8:00 am on November 10, 2021 By Oscar Nunez

Sales have launched for the highly-anticipated Okan Tower, a 70-story mixed-use skyscraper planned to rise at 555 North Miami Avenue in the epicenter of Miami’s urban core. Designed by Behar Font & Partners for Turkish real estate developer Okan Group, the 902-foot-tall structure will be anchored by Hilton Hotel & Residences and yield 163 Sky Residences with exclusive owners-only amenities, 236 Condo-Hotel Residences, a five-star hotel-resort with 316 room and endless amenities, and Class A Office Space. Plans for the project are now being fast-tracked with Fortune Development Sales leading sales and marketing.

Chetrit Group Lands $310 Million Loan From Madison Realty Capital For The Kobi Karp-Designed 6.2-Acre Miami River Mega Project

8:00 am on November 5, 2021 By Oscar Nunez

The Chetrit Group’s vision for the 6.2-acre Miami River may finally come to fruition after landing a loan to begin construction. The New York City-based developer was granted $310 million in financing from Madison Realty Capital for the first two phases of the 4.2 million-square-foot mega project in Brickell, which is comprised of building the first of four towers and the additions and improvements to the riverwalk. The deal was arranged by Henry Bodek of Galaxy Capital Group, and is collateralized by the land for the last three phases. Kobi Karp is the architect for development, which will ultimately yield 1,928 residential units, 330 hotel rooms, 196,882-square-feet of retail space, and 98,040-square-feet of office space across multiple glass-clad towers along with boat slips, an outdoor theater, a residents lounge, a business center, a state-of-the-art gym, a pool, and a café.

Lofty Brickell Receives Height Increase And Design Changes In Newly Revealed Renderings

8:00 am on November 4, 2021 By Oscar Nunez

New renderings has been released to the public of Lofty Brickell, a short-term rental tower being planned for 99 Southwest 7th Street – a prime location facing the Miami River in Brickell. Arquitectonica remains as the design architect for the building, which based on the renderings has been increased to nearly 50 stories, up from the previously planned 37-stories. The rendering of the tower facing southeast towards the Metrorail bridge was first posted in a paid advertisement from The Real Deal with details on unit pricing. Newgard Development Group is developer behind the efforts to redevelop the site, which will eventually give rise to three towers.

Final Touches Underway For Moinian Group’s 43-Story Bezel At Miami Worldcenter

8:00 am on November 2, 2021 By Oscar Nunez

The final touches are underway at Bezel, a 43-story mixed-use building located within the 27-acre Miami Worldcenter Complex in Downtown Miami’s Park West district. Designed by Stantec and developed by New York City-based Moinian Group in collaboration with ZOM Living, the 493-foot-tall structure nears completion, addressed as 650 Northeast 2nd Avenue and yielding 434 residential units with ground floor commercial space. The project is scheduled to open to residents on December 15th as leasing efforts are well underway.

YIMBY Scopes Views Of The 62-Story One Thousand Museum In Downtown Miami

8:00 am on October 31, 2021 By Oscar Nunez

YIMBY recently took an exterior walk-through around one of Miami’s most prestigious residential developments, One Thousand Museum, a 62-story ultra-luxury condominium tower located at 1000 Biscayne Boulevard in the Park West district of Downtown Miami. Completed in 2019, the 707-foot-tall structure is designed by the late Zaha Hadid, founder of London-based Zaha Hadid Architects, and developed by 1000 Biscayne Tower LLC, a joint venture between developers Louis Birdman, Gilberto Bomeny, Gregg Covin and Kevin Venger. Standing as the current fifth tallest tower in Miami, the building spans over 950,000 square feet and yields 84 museum-quality residences including duplex townhomes, half-floor residences, full-floor penthouses, and a single duplex penthouse.

Related Group’s 321-Foot-Tall ‘The Gallery At West Brickell’ Is Submitted To The FAA

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

The Federal Aviation Administration has received applications seeking approvals for The Gallery at West Brickell, a 321-foot-tall mixed-use project planned for 201 Southwest 10th Street in West Brickell, Miami. Designed by CM Design & Development and developed by Miami-based Related Group along with Miami-Dade County, the project would rise 29 stories at the northwest corner of Southwest 2nd Avenue and Southwest 10th Street, and yield approximately 465 income-restricted residential units, 2,238 square feet of office space, 2,338 square feet of retail and up to 529 parking spaces. The applications for the height approvals were submitted on October 28, 2021.

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