Newgard Development Group

FAA Permits Filed For 44-Story LOFTY Brickell Tower At 99 SW 7th Street In Miami, $170 Million Construction Loan Secured

8:00 am on July 5, 2022 By Oscar Nunez

FAA building permits have been filed for LOFTY Brickell, a 44-story residential building planned for 99 Southwest 7th Street along the Miami River in Brickell, Miami. Designed by Arquitectonica with landscape architecture by Urban Robot Associates and interiors by INC for real estate developer Newgard Development Group (Newgard), the 574-foot-tall tower will ultimately contain 364 fully-finished residences in a variety of studio, one- and two-bedroom units, as well as 40,000 square feet of thoughtfully curated amenities. Newgard has also secured a loan valued at $170 million from 3650 REIT to begin construction at the site.

Demolition Permits Issued To Make Way For 44-Story LOFTY Brickell At 99 SW 7th Street In Miami

8:00 am on May 12, 2022 By Oscar Nunez

Full demolition permits have been issued by the City of Miami for the removal of a 20,000-square-foot structure located at 99 Southwest 7th Street, at the intersection with Southwest 1st Street and South Miami Avenue in Brickell. The property, which spans just over 70,000 square feet, sits on the southern riverbank of the Miami River with over 100-feet of water frontage and will soon undergo preparations for the development of LOFTY Brickell, a 44-story residential building designed by Arquitectonica with landscape architecture by Urban Robot Associates for Newgard Development Group (Newgard). The project is planned to comprise 364 fully-finished and furnished residences with curated interiors by INC and 40,000 square feet of amenities, licensed for sharing and short-term rentals, estimated to rise 481-feet.

New Renderings Released For LOFTY Brickell At 99 Southwest 7th Street In Brickell, Miami

8:00 am on March 25, 2022 By Oscar Nunez

New renderings have been revealed for LOFTY Brickell, a 42-story residential skyscraper scheduled to break ground later this year at 99 Southwest 7th Street along the Miami River in Brickell, Miami. Located across from Brickell City Centre, at the junction of South Miami Avenue and Southwest 7th Street, the 1.62-acre site will give rise to an estimated 481-foot-tall building designed by Arquitectonica with landscape architecture by Urban Robot Associates, yielding 364 fully-finished and furnished residences with curated interiors by INC and 40,000 square feet of amenities. Newgard Development Group is the developer, who has on-boarded Cervera Real Estate as the exclusive sales and marketing firm. Units will come in studio, one- and two-bedroom floor plans as well as penthouses, priced from $493,000 to $1.3 million, and will offer owners flexible home-sharing options.

42-Story Lofty Brickell Mixed-Use Tower Is Scheduled To Break Ground In Q4 Of 2022

8:00 am on January 29, 2022 By Oscar Nunez

Miami-based Newgard Development Group has announced a ground breaking date for Lofty Brickell, a 42-story mixed-use high rise being planned for 99 Southwest 7th Street on prime Brickell waterfront property facing the Miami River. According to The Next Miami,…

YIMBY Takes An In-Depth Look At Newgard’s Planned 42-Story Lofty Brickell Along The Miami River

8:00 am on December 3, 2021 By Oscar Nunez

Just recently, Miami-based real estate developer Newgard Development Group released detailed plans for Lofty Brickell, a mixed-use high rise being planned for 99 Southwest 7th Street on prime Brickell waterfront property facing the Miami River. Located just steps from Brickell City Centre, the building is designed by internationally acclaimed architecture firm Arquitectonica with carefully curated interiors by design firm INC and landscaping by Urban Robot Associates. The development is projected to yield studio, one and two-bedroom residences ranging between 436 to 985 square feet priced from $490,000 to $1.3 million, with Cervera Real Estate handling sales and marketing.

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.

Demolition Permits Filed For Newgard Development Group’s Lofty Brickell Site At 99 SW 7th Street

7:30 am on October 29, 2021 By Oscar Nunez

Miami’s Department of Buildings has received an application for demolition permits from Newgard Development Group for 99 Southwest 7th Street in Brickell, where the developer is planning to build three towers. The interior lot sits across the street from Brickell City Centre, spans over 70,000 square feet, and is currently improved with a 20,00-square-foot commercial structure. Little detail is known of the project as a whole, but we do know the first of the three towers will be known as Lofty Brickell, a 35-story mixed-use building containing branded condos, high-end apartments and a hotel. The structure would rise approximately nearly 400-feet over the Miami River and feature designs from Arquitectonica.

Lofty Brickell (Preliminary Design). Courtesy of Arquitectonica.

Newgard Development Group Plans Short-Term Rental Tower Across From Brickell City Centre

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

Miami-based Newgard Development Group, led by Harvey Hernandez, is planning to redevelop a massive 90,000-square-foot assemblage across the street from Brickell City Centre. According to the Miami Herald, the developer recently closed on the property for a staggering $50.75 million. The proposed project is named Lofty Brickell, and although it is unclear what exactly is planned for this development, we do know that it’ll may be a 35-story skyscraper oriented towards the short-term rental market. Owners will have the ease of renting out their units for vacation-length stays via online platforms such as Airbnb, Vrbo and Expedia. Arquitectonica is listed as the design architect on the official website for the property.

Waldorf Astoria Miami. Courtesy of ArX Solutions USA LLC

Haüskey And eReal Estate Holdings Partner With Major Real Estate Developers To Launch Condos.com

7:30 am on July 22, 2021 By Oscar Nunez

Toronto-based online real estate brokerage Haüskey Inc. and Miami-based eReal Estate Holding, LLC have teamed up with some of today’s major real estate developers such as Property Markets Group (PMG), OKO Group, Newgard Development Group, KAR Properties, Lennar, Tishman Speyer and several other industry leaders to launch Condos.com, a global online marketplace dedicated to new and pre-construction condominium developments. The platform takes on a digital-first approach to purchasing condos by providing a seamless online sales experience for general buyers, developers and investors. Condos.com is headquartered in Miami, and is already rapidly expanding to various markets with the intentions of revolutionizing the way people buy condos.

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