Downtown Miami

Developers Secure $240 Million In Construction Financing For 56-Story Casa Bella Residences By B&B Italia In Downtown Miami

8:00 am on November 23, 2023 By Oscar Nunez

Developers Related Group (Related) and partner Alta Developers have closed on $240 million in financing for Casa Bella Residences by B&B Italia (Casa Bella), a 56-story residential building that broke ground earlier this month in Downtown Miami’s burgeoning Arts and Cultural District. The loan was provided by Cain International (Cain) — a privately held investment firm with over $16 billion in assets under management.

The Container Store And Sweet Paris Crêperie & Café Set To Open At Miami Worldcenter In 2024

8:00 am on November 11, 2023 By Oscar Nunez

Two more national retail and restaurant concepts will be coming to Miami Worldcenter – the $6 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The development’s ownership group has completed leases with The Container Store and Sweet Paris Crêperie & Café, both slated to open by the end of 2024.

Related Group And Alta Developers Commence Construction On Casa Bella Residences By B&B Italia In Downtown Miami

8:00 am on November 9, 2023 By Oscar Nunez

Leading real estate developer Related Group (Related) and partner Alta Developers have broken ground for Casa Bella Residences by B&B Italia (Casa Bella), a 56-story condominium tower at 1400 Biscayne Boulevard in Downtown Miami’s Arts and Cultural District. Casa Bella marks the first residential partnership for B&B Italia, renowned for collaborations with brands like Rolex, Hermès, and Rolls-Royce.

Permit For Earthworks Has Been Filed For Riverside Wharf, Moss & Associates Selected As General Contractor

8:00 am on October 18, 2023 By Oscar Nunez

A site work permit for earthworks has been officially filed for the Riverside Wharf complex at 114 Southwest North River Drive in downtown Miami, representing a significant milestone for this transformative $185 million project. The permit application, submitted on October 15th, lists Moss & Associates as the project’s general contractor, indicating that excavation work is likely to begin soon. MTCI is the permit runner.

Developers Get Building Permits For 440-Foot-Tall 501 First Residences In Downtown Miami

8:00 am on January 16, 2023 By Oscar Nunez

The Federal Aviation Administration has approved permits for work on 501 First Residences, a 40-story residential building under construction at 501 Northeast 1st Avenue in Downtown Miami. Designed by Revuelta Architecture International and developed by Aria Development Group with AQARAT, the building will have over 400,000 square feet of space, including 448 fully-furnished luxury condominium units featuring interiors by Shim Projects and 3,127 square feet of commercial space. Beauchamp Construction is serving as the general contractor.

The 49-Story Elser Hotel And Residences Officially Opens At 398 NE 5th Street In Downtown Miami

8:00 am on November 19, 2022 By Oscar Nunez

On November 17, local dignitaries and hospitality professionals gathered at 398 Northeast 5th Street in Downtown Miami to celebrate the official grand opening of The Elser Hotel & Residences with a ribbon-cutting ceremony. Highgate officiated the event, the hotel’s management company, alongside national developer PMG, Canadian real estate private equity firm Greybrook, the Miami Beach Chamber of Commerce, and Government Liaison Tomas Alcala.

Natiivo Tops Out 51-Story Pinnacle At 601 Northeast 1st Avenue In Downtown Miami

8:00 am on November 17, 2022 By Oscar Nunez

On November 11, Sixth Street Miami Partners LLC and KAST Construction celebrated the topping off of Natiivo (601 Miami), a 51-story mixed-use building located at 601 Northeast 1st Avenue in Downtown Miami. It’s a milestone…

Miami Worldcenter’s First Tenant, Ariete Hospitality Group’s Brasserie Laurel, Is Scheduled To Open On November 28

7:30 am on November 12, 2022 By Oscar Nunez

With a Michelin Star under his belt for his highly acclaimed restaurant Ariete, Chef Michael Beltran and his team at Ariete Hospitality Group (AHG) bring another stellar concept to Miami’s lineup of remarkable dining and drinking spots. Brasserie Laurel will deliver upscale French-inspired Miami cuisine to Miami Worldcenter in Downtown Miami. Set to open to the public on November 28, 2022, Brasserie Laurel will focus on local, seasonal ingredients and provide a wide array of table-side services for some of their signature dishes. The quality of food preparation and service will be at the levels of Ariete; it is no secret that the drive is to deliver world-class hospitality and maintain the highest standards.

Aria Development Group Celebrates The Grand Opening Of YotelPad Miami

8:00 am on November 6, 2022 By Oscar Nunez

On Thursday, October 27, New York and Miami-based Aria Development Group, in partnership with AQARAT, one of Kuwait’s leading real estate companies, celebrated the grand opening of YotelPad Miami with a party-themed all things 305. Located 227 Northeast 2nd Street in the heart of Downtown Miami, the stylish 31-story mixed-use project, designed by Stantec, was the first new construction condominium in the area to offer buyers the option to rent out their units for short-term stays without restrictions. The location consists of 222 Yotel rooms and 231 residence-style pads. YotelPad Miami is the brand’s second pad location worldwide following the 2020 opening of YotelPad Park City, marking the sixth location in the US and 21st globally.

Aetna Realty Unveils Conceptual Renderings For Two Towers At 22 East Flagler Street In Downtown Miami

8:00 am on November 1, 2022 By Oscar Nunez

Aetna Realty, a fully integrated New York-based real estate investment company, has unveiled conceptual renderings of a potential redevelopment of 22 East Flagler Street in Downtown Miami. The 1.65-acre property comprises two parcels situated along South Miami Avenue between East Flagler Street and Southeast 1st Street and was once home to a Macy’s and now defunct Burdines department stores. The property boasts over 500,000 square feet of commercial space with its current improvements, which are two 75-year old multistory structures connected via a sky bridge hovering over South Miami Avenue. According to Aetna Realty, the property is primed to become another one of their crown jewels with two soaring skyscrapers spanning 50 to 55 stories.

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