Sumaida + Khurana, Bizzi & Partners To Begin Leasing And Construction On ‘The Fifth Miami Beach’ In The Coming Months

Sumaida + Khurana and Bizzi & Partners, two internationally recognized real estate development firms, announced it will begin leasing and construction in the coming months for their new Class A+ office building designed by renowned Spanish master architect Alberto Campo Baeza alongside Cube 3 as the architect of record named The Fifth Miami Beach. This will be the first commercial building in the United States and the first building in Miami designed by Baeza, who won Spain’s National Prize for Architecture last year. It will also be the first new commercial building to be built in Miami Beach’s South of Fifth neighborhood in more than 15 years, located at 411 Michigan Avenue between 4th and 5th Streets. This summer, less than one year after acquiring the 21,000-square-foot site, Sumaida + Khurana and Bizzi & Partners received unanimous design approval from the Historic Preservation Board of Miami.

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Ytech Announces 70-Story First-Ever Solar-Powered High-Rise ‘The Residences At 1428 Brickell’

Miami-based real estate development firm Ytech, led by Yamal Yidios, has announced The Residences at 1428 Brickell, a 70-story luxury condominium development planned for 1428 Brickell Avenue in Miami’s Brickell Financial District. Designed by Arquitectonica with interiors by Italian architecture firm ACPV ARCHITECTS, the building will be the first-ever high-rise residential tower using solar energy, comprised of a limited collection of 189 fully-finished residences with two- to four-bedroom plus den units ranging from 1,800 to 4,000 square feet, and a penthouse collection of units ranging from 4,000 to 10,000 square feet. John Moriarty Associates, one of the country’s most prolific luxury condominium builders, has been selected as the general contractor. The award-winning engineering firm Cosentini Associates has been chosen as the property’s expert solar energy consultant. Cervera Real Estate serves as the sales team representing the property. 

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Alchemy ABR-Investment Partners Acquires Wynwood Development Site For 12-Story Luxury Residential Project

Alchemy-ABR Investment Partners (Alchemy) a fully integrated New York-based real estate development and investment firm, announced the acquisition of 18 NW 23rd Street in Miami’s Wynwood Arts District. The 36,079-square-foot property was purchased by Alchemy for $18,000,000 in a deal that closed on September 29, 2022. The mixed-use site will be developed into a 12-story luxury residential building with 186 units, multiple retail spaces, and a parking garage. Local architects Arquitectonica and MKDA have been commissioned to design the building with construction commencing in 2024.

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