South Beach

Brightline Orlando Welcomes Two New Trainsets, Bright Pink 2 and Bright Green 2

Brightline, the only provider of modern, eco-friendly intercity rail welcomes two more trains to Orlando, “Bright Green 2” and “Bright Pink 2.” Brightline’s two trains arrived together at Brightline’s Vehicle Maintenance Facility located south of Orlando International Airport, adding to the fleet of trains that will carry passengers between Orlando and South Florida. Bright Green 2 and Bright Pink 2, six-car trains consisting of two locomotives and four passenger coaches each, left the Siemens Rolling Stock facility in Sacramento on July 8. In total they traveled 3,000 miles across 10 states en route to Florida.

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The Ritz Sagamore Redevelopment Project Seeks Approval In South Beach

An application has been filed requesting approval of a Certificate of Appropriateness for the design, restoration, and new construction at the Ritz-Sagamore project in South Beach, which involves the redevelopment of the historic Sagamore Hotel at 1671 Collins Avenue and unification with the adjacent Ritz Carlton property at 1669 Collins Avenue and 1 Lincoln Road. Designed by Kobi Karp and being collectively developed between Di Lido Beach Hotel Corp, EBJ Sagamore LLC, Lionstone Di Lido Retail Lessor LLC, Di Lido Beach Resort LLC, and Sobe Sky Development LLC, a new 200-foot-tall, cantilevering 17-story residential tower would be constructed facing the oceanfront behind the Sagamore. Canada-based Studio Munge is listed as the interior designer, and Naturalficial as the landscape architect.

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333 Jefferson Avenue. Courtesy of the Susan Gale Group.

24-Unit Multi-Family Property To Be Converted To Boutique Apartment Hotel At 333 Jefferson Avenue In South Beach

Former Space Club owner Louis Puig recently purchased a multi-family apartment complex for $5.567 million at 333 Jefferson Avenue in the South of Fifth neighborhood in South Beach, Miami Beach, with the intentions of converting it in a boutique apartment hotel licensed for short-term stays/rentals. The property is bounded by 4th Street on the north, Meridian Court on the east, 3rd Street on the south and Jefferson Avenue on the west. As per public record, Susan Gale & Serena Joaquim with ONE Sotheby’s International Realty represented the seller, 333 Jefferson Holdings. Gema Ruiz of Cedano Realty Advisors and Jose Maria de Guzman represented the buyer.

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Five Park. Designed by Arquitectonica.

Terra Group And GFO Investments Launch Sales For Their Five Park Condo Tower In South Beach

Developers Terra Group, lead by David Martin and GFO Investments, lead by Russel Galbut, have started sales on their upcoming condo tower titled Five Park, a 48-story skyscraper that will soon hold the title of the tallest building in all of Miami Beach. Addressed as 500 Alton Road, the structure is anticipated to rise 519-feet, towering over the entrance to South Beach. Designed by Arquitectonica with Gabellini Sheppard handling interiors, the development will yield approximately 278 residences and nearly 40,000 square feet of amenities.

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Monad Terrace. Designed by Ateliers Jean Nouvel.

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

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.

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