Newgard Group and Imperial Moto Launch 'Revault', A Design-Driven Luxury-Auto Vault and Collector Car Community In Little River

Newgard Group, the award-winning Miami-based development firm led by Harvey Hernandez, together with Imperial Moto, the iconic Miami lifestyle brand founded by Matt McKenna, has launched Revault, a first-of-its-kind community that blends for-sale luxury car storage, private club culture, Padel sports, and curated design into a single integrated experience. Blending architecture, design and performance, Revault redefines luxury car storage by integrating customizable, for-sale Car Studios with exclusive club amenities and curated experiences.

Born from a shared vision, Revault combines Newgard’s development expertise with Imperial Moto’s deep authenticity in Miami’s car culture. Located in Little River, one of Miami’s fastest-growing creative districts, the 80,000 SF project will feature a limited collection of 16 luxury Car Studios, a members-only Clubhouse, a five-court indoor Padel Club, Imperial Moto’s signature café, and a creative campus designed for events and social connections.

“Revault is more than a real estate development; it’s a cultural ecosystem,” said Hernandez, Founder & CEO of Newgard Group, and a car collector himself. “Our team and Imperial Moto are aligned on creating something that doesn’t exist anywhere else: a destination that blends performance, design and lifestyle in the heart of Miami’s trendiest, up-and-coming neighborhood.”

At its core, Revault is a design-forward car vault concept, offering secure, climate-controlled, two-story Car Studio units with mezzanine lounges, bathrooms and fully customizable finishes. These spaces go beyond traditional car storage; they are lifestyle extensions of their owners, designed to host, work, collect, relax and connect with fellow members of the Revault Society, an invitation-only community built around shared passion for design, performance and culture.

Revault Miami Highlights:

• 16 for-sale Car Studios ranging from 2,000–8,000 sq. ft., fully finished and customizable

• 45,000 sq. ft. of hospitality-driven amenities including the Revault Concourse

• Amenities include an Owners Clubhouse with concierge services, a temperature-controlled, five-court indoor Padel Club for year-round play, a gym, spa and wellness areas

• Creative campus with work suites, conference rooms, and space for curated events and social programming operated by Imperial Moto

• State-of-the-art security and monitoring throughout the building

Revault represents the first real estate venture for Imperial Moto, known globally for design-driven experiences, creative activations and a specialty coffee culture. McKenna and Hernandez initially pursued the same Little River site independently—Hernandez focused on a collector car condo concept, while McKenna envisioned a mixed-use development including a padel component. Their ideas converged naturally, forming a foundation for a true partnership.

“Imperial Moto has always been about connection through craft, design and shared passion,” said McKenna, Founder of Imperial Moto. “Revault is the evolution of that idea—a space where we can offer more than a product or a place. It’s a full-spectrum lifestyle built for people who live what they love.”

Revault Miami, at 7441 N. Miami Avenue, Miami, Florida, is now welcoming reservation inquiries from selective owners seeking to join this exclusive car collector community. Construction is slated to begin in 2026.

In addition to Miami, the partnership is actively working on other Revault locations in Delray Beach, Palm Beach and Nashville, with other cities to follow.

Images via Newgard Group

For more information about Revault or to inquire about purchasing a unit please fill out the form below:

Transformative $3 Billion, 63-Acre 'Little River District' Led by SG Holdings Approved Paving Way For Miami's Largest Affordable Housing Development

The Miami-Dade County Commission has granted final approval for SG Holdings’ Little River District, a transformative $3 billion, mixed-use development that will redefine the urban landscape of Miami’s underserved Little River and Little Haiti neighborhoods. Spanning 63 acres, the large-scale project aims to build more than 5,700 affordable and workforce housing units, alongside major big-box retail stores, small businesses, major grocery operator, green public space, and transit infrastructure with the addition of a new train station, marking a historic investment in Miami’s future.

Led by SG Holdings, a joint venture comprised of Swerdlow Group, SJM Partners, and Alben Duffie, the partnership stands at the forefront of affordable housing development, following its successful delivery of the 1.5 million-square-foot, mixed-use development Sawyer’s Walk featuring 578 affordable senior housing units in Miami’s historic Overtown neighborhood.

The Little River District project is considered the largest affordable housing development in Miami-Dade County’s history. It will feature 2,284 affordable housing units at an average 60% Area Median Income (AMI), 1,398 workforce rental units at up to 120% AMI, in addition to 2,048 potential workforce condo units, which would allow the buyers to obtain significant subsidies to meet the purchase price at up to 140% AMI, ensuring long-term housing stability for thousands of Miami-Dade residents. Current residents of existing public housing complexes situated within the development site are guaranteed the right to return to new units at Little River District with no increases in rent.

This transit-oriented project is made possible through immense private and public sector collaboration led by the development group SG Holdings along with public sector partners: Miami-Dade County’s Department of Housing and Community Development (HCD), U.S. Department of Housing and Urban Development (HUD), the City of Miami, and key local officials such as Miami-Dade Mayor Daniella Levine Cava, County Commissioner Keon Hardemon, and City of Miami Commission Chairwoman Christine King.

“This approval is a major milestone in addressing Miami’s critical need for affordable and workforce housing,” said Michael Swerdlow, Founder and CEO of Swerdlow Group. “At a time when population growth is fueling demand for housing and everyday services, the Little River District will deliver a community that prioritizes affordable and quality housing, accessibility to public transit, and economic opportunity for local residents and business owners with the goal of generating prosperity for the highly deserving communities of Little Haiti and Little River.”

Given that portions of the 63-acre site are owned by the County, the public-private partnership paves the way for this comprehensive housing-led development plan that includes leveraging federal tax credits to support affordable housing and collaborating with Miami-Dade under a Community Benefits Agreement (CBA) to drive local hiring and community investment. The Little River District project is set to create hundreds of jobs during construction and after, stimulating the local economy and supporting businesses within the area. With a half century track record of responsible development, SG Holdings remains committed to working with construction partners who uphold labor standards and prioritize job site safety during the course of this multi-year project.

Designed by renowned architecture firm Arquitectonica, the mixed-use and mixed-income housing development will also introduce more than 370,000 square feet of retail space, including commitments already secured from major retailers such as Home Depot and BJs. In addition, the project will feature a major supermarket, gas station, food and beverage options, and other essential retail services for the neighborhood. About 250,000 square feet of publicly accessible green space will span the project, fostering a walkable and sustainable urban pedestrian-friendly environment with improved pedestrian walkways, enhanced landscaping and beautification, bike paths and shuttle service for residents.

The Little River District will also prioritize transit accessibility with a planned new Tri-Rail train station, representing a significant $35 million investment being made by SG Holdings in Miami’s public transportation network. This development will reduce congestion, improve accessibility, and foster better connectivity within the project site and the broader urban core.

The residential communities planned within the affordable and workforce housing component will feature amenities including swimming pool, computer lab with printer access, fitness center, outdoor recreation space for children, bike parking, green outdoor space with pavilions and walking and bike paths, free Wi-Fi in common areas, onsite-property management, gated parking lot with restricted access, generators for the community spaces, and security cameras with car plate readers. In addition, the high-quality residences will include in-unit washers and dryers, granite countertops, dishwashers, refrigerators with ice makers, central air and smart fan systems, electric water heaters, tile floorings, and complimentary high-speed internet for three years.

Additionally, the major redevelopment is going to generate significant job creation locally. Approximately 3,840 jobs will be generated during the project’s construction and another 518 permanent positions once delivered. The impactful project will prioritize local hiring preferences for both the construction and permanent jobs, including low-income and public housing area residents. Also, the County will reap approximately $9.5 billion through this project – the largest revenue sharing pact of this kind in the County’s history. The County could use these revenues to support its efforts to address the affordable housing crisis in Miami-Dade and invest in community development, inclusive of supporting small businesses.

Construction is expected to begin in 2026, with a projected development timeline of eight years. Once completed, the Little River District will stand as a model for large-scale, community-driven redevelopment centered on creating affordable and workforce housing, exemplifying how public-private collaboration can drive meaningful, long-lasting transformation in an urban setting.

Internationally Renowned Miami-Based Artist Romero Britto Acquires The Famed “BRITTO® Palace” In Little River For $11.8 Million

Internationally renowned artist Romero Britto now owns the 58,000-square-foot compound where the BRITTO® Palace is located in Miami, making it the official new headquarters of the BRITTO Group in the United States, which has business globally in fine art, consumer goods, retail, brand licensing, real estate, coffee shops, restaurants, hotels, skin care, and liquor.

Berkshire Hathaway HomeServices EWM Realty top-producer Jason Zarco of The Percal Zarco Group worked with Britto in the $11.8 million sale, which closed on Sept. 20. Alfredo Riascos, principal and broker of Gridline Properties, worked with the seller, real estate owner/operator Joseph Del Vecchio. For the purchase and loan from Ocean Bank, Britto was represented by Salomon V. Bagdadi, Esq., the Florida Managing Partner of Capozzi Adler, P.C. and President of Straight Line Title.

Located in Miami’s burgeoning Little River neighborhood at 795 Northwest 72nd Street, the BRITTO® Palace is a highly customized, 58,000-square-foot compound with two levels. Considered to be the largest art studio in the world, the dazzling space has already played host to dignitaries, celebrities, innovators, and art patrons from across the globe.

“This property has become a source of such palpable inspiration,” said Britto. “In so many ways, it’s a magical place where I like to spend most of my days creating with the purpose to bring more happiness to the world.”

“Miami is the perfect, vibrant and dynamic city for our new global headquarters and to our business expansion,” added Dr. Lucas Vidal, CEO of BRITTO Group and Britto's business partner.

“Romero Britto is a legend and a true Miami treasure,” said Del Vecchio. “I’m delighted to have played a small role in helping him make his enduring legacy more permanent with this acquisition.”

Little River, located in Miami’s Upper East Side, is rapidly emerging as one of Miami’s fastest-growing neighborhoods, characterized by an eclectic mix of creatives, culinary, and entertainment destinations. As ongoing development reshapes the area, the neighborhood is on track to become one of Miami’s most sought-after destinations for businesses and residents.

Development Site In Miami's Little River Neighborhood Trades For $13.3 Million

Little River has been a hotspot for investment and yet another significant transaction has as an undisclosed buyer acquired a development site for $13.3 million. The sale included 2.2 acres on NE 2nd Ave in the northern section of Little River, located at 8038 NE 2nd Ave. Gridline Properties’ Broker and Principal Alfredo Riascos represented the seller, Thomas Conway of Conway Commercial Real Estate. Tony Arellano of DWNTWN Realty represented the buyer. The buyer nor its plans were disclosed citing confidentiality.

“Developers are recognizing the growth and the emergence of strong fundamentals, finding opportunities to appeal to the creatives and curators in Miami that are in search of the unique neighborhoods and experiences that Little River offers,” said Riascos.

Creative neighborhoods like Little River have been the focus of a lot of attention and recent capital inflows. DWNTWN Realty Advisors and Gridline Properties worked together seamlessly on a complex transaction that will have a positive impact on Miami and the Little River neighborhood. Population and job growth are fueling the demand for housing and neighborhoods as the City of Miami continues to grow. Despite the economic headwinds, Miami seems to be positioning itself as a safe haven for capital investments and quality of life upgrades for employers and individuals.

Conway recently sold the neighboring Ebb & Flow retail strip center comprised of two buildings on two lots for $18.15 million in July 2022. Riascos represented Conway in the Ebb & Flow transaction as well. The all-cash deal marked one of the largest single transactions in Little River for value-add creative retail.

“In recent months, the Northeast Second Avenue corridor of Little River has received remarkable attention from investors and developers seeking to capitalize on the emerging retail and development taking place between 79th and 84th Street," said Riascos. “This property may be one of the last remaining sites that offers institutional size and scale for future development along NE 2nd avenue. We are excited to be part of the tremendous growth and continued success of Little River.”

A hub for re-adapted industrial buildings, Little River has attracted an array of creative and design-oriented businesses that have identified the surrounding neighborhood as one of Miami’s most up-and-coming districts. It is home to a wide variety of businesses, tenants, and owners that have transformed one of Miami's oldest industrial areas into a neighborhood that promotes creativity, design, and innovation.

Gridline Properties Represents Seller And Buyer In Sale Of Ebb & Flow Retail Strip Center In Miami's Little River District

Ebb & Flow, a retail strip center in Miami’s Little River District, has sold for $18.15 million, marking one of the largest sales in the neighborhood, testifying to the areas growth the progress. Ebb & Flow is a unique retail strip center comprised of two buildings on two lots measuring 32,000 square feet and 81,224 square feet. The property closed on July 22 for $18.15 million and is located at 8200 NE 2nd Ave., and 201 NE 82nd St., Miami, FL 33138.

Both sides of the all-cash transaction were overseen by Gridline Properties Broker and Principal Alfredo Riascos. The seller was Thomas Conway of River Esquinas, LLC, and the buyer was Doug Levine, founder of Crunch Fitness and CEO of commercial real estate development firm Big Move Properties. Prior to the successful sale, Gridline Properties assisted the seller with leasing its retail spaces ensuring the property for future success.

The Ebb & Flow property sits in the heart of Little River’s Uptown District, one of Miami’s most exciting and emerging neighborhoods. The strip houses Primal Fit, Eyebrow King, La Santa Taqueria, Salon Dahlia, Tran An Vietnamese Eatery, and Off Site Nano-brewery & Kitchen—exciting tenants that have received culinary, fitness, and beauty recognitions. Additionally, the T6-8-O zoning for the property allows for the future development of 280 residential units offering the possibility of developing a mixed-use space.

“We are excited to be involved with transactions that continue to drive progress and innovation to Little River’s Uptown District, one of Miami’s most exciting neighborhoods," said Riascos. “Representing both the seller and buyer in this large of a sale proves to be as satisfactory as it is complex—yet both parties come out on top to serve this thriving community that we are honored to be a part of.”

A hub for re-adapted industrial buildings, the Little River Business District has attracted an array of creative and design-oriented businesses that have spontaneously identified the surrounding neighborhood as one of Miami’s most up-and-coming districts. It is home to a wide variety of businesses, tenants, and owners that have transformed one of Miami's oldest industrial areas into a neighborhood that promotes creativity, design, and innovation.

Magic City Innovation District Set To Transform Little Haiti After Receiving Final Approval

Magic City Innovation District (MCID), a 17.7-acre Innovation District in Miami’s Little Haiti and Little River neighborhoods, has received a unanimous final approval from the Miami City Commission. MCID spans 6 city blocks and intends to redevelop the Little Haiti and Little River neighborhoods to create a walkable, campus-like neighborhood where individuals from all demographic backgrounds can enjoy a high-quality live, work, play lifestyle. With an emphasis on technology, sustainability, health and wellness and art and entertainment, MCID will contribute to the economic vitality of the area and enhance the appeal of the community.

Renovations and construction commenced in August 2018 on 17 of MCID’s 21 commercial buildings. The project's first phase of commercial development features 200,000 SF of leasable space spread through several modernized warehouses. Designs for the commercial spaces, which range from 300 to 14,000 SF, are spearheaded by a variety of local design firms, including McKENZIE and ELM Architects. MCID anticipates being ready to receive office, retail and other commercial tenants as early as September 2018. Metro 1 is overseeing lleasing efforts for the 17 spaces, geared toward creative-style tenants that align and shape MCID’s atmosphere and further promote foot and auto traffic throughout the neighborhood. The developers will also contribute $31 million to the Little Haiti Revitalization Trust which will be overseen by the city

When complete, the Magic City Innovation District Will feature 3.8 acres of public civic space, 2.18 acres of landscaped pedestrian promenade dubbed the Promenade du Grand Bois, 2,630 residential units, 1,987,686 SF of office, 101,669 SF of expo space, 432 hotel rooms, 344,538 SF of retail, and 6,081 parking spaces. The first 4 tenants to commit to MCID were revealed in Sprinf 2019 including Diana Lowenstein Gallery, Manmar Entertainment (marketing), Ecovie (recycling start-up), and COOL Creative (advertising).

APEX Capital Realty Signs 3 More Tenants At URBAN 75th STREET In Little River

APEX Capital Realty has just closed on three new leasing deals for the 71,200 SF warehouse complex located at 300-320 NE 75th Street known as URBAN 75th Street. The three new tenants include celebrity recording studio House of Hits Recording Studio, Keto Kitchen and Belgium-based architecture/manufacturer M Design Group & Associates/ Wood Iron & Stone. They join Marvol JPS , a mobile phone equipment and supplies company, and fashion e-commerce company, PIXIE Market who signed and moved in last month, and two more new tenants are expected to sign next week (two e-commerce companies). The property, which is currently one of the bigger leasing assignments in the area, has quickly become a prime location for diverse businesses to relocate and expand– and serves as a great example of the type of industrial properties needed to support the continued expansion of e-commerce companies.

APEX Capital Realty, led by Miguel Pinto, recently acquired the 71,200 SF warehouse complex, located at 300-320 NE 75th Street in Little River, and developed the space focused on a flexible business space concept. Little River has been a hotbed for commercial development as prices in Downtown neighborhoods such as Wynwood continue to rise. URBAN 75th STREET is an innovative warehouse complex that has been redeveloped into a flexible multi-business space concept offering 24 industrial spaces which range from 2,500 SF to 3,350 SF and primed for tailored tenant build-outs which can be curated to meet the different workspace needs of each tenant and their diverse businesses. Each space offers an open loft style format, each division equipped to function as a live/work space as well. The leasing prices start at $19 SF modified gross lease. Perks for tenants include an on-site gated parking and state of the art 24/7 voice control security monitoring.

For more information about URBAN 75th STREET, private showings or leasing information please fill out the form below:

APEX Capital Realty Signs First Two Tenants At URBAN 75th STREET In Little River

APEX Capital Realty, led by Miguel Pinto, has just signed the first two tenants at URBAN 75th STREET, an innovative warehouse complex located at 300-320 NE 75th Street in Little River. PIXIE Market, a Los Angeles-based fashion e-commerce company, signed a 5-year lease for 3,500 SF in the 320 building and plans to move in January 2019. PIXIE Market relocating its LA operations to Miami and selected the industrial space to expand its e-commerce business. Marvol JPS , a Miami-based mobile phone equipment and supplies company, has also signed a 5-year lease for 2,500 SF space at the 320 warehouse building and plans to move in January 2019.

APEX Capital Realty recently acquired the 71,200 SF warehouse complex, located at 300-320 NE 75th Street in Little River, and developed the space focused on a flexible business space concept. Little River has been a hotbed for commercial development as prices in Downtown neighborhoods such as Wynwood continue to rise. URBAN 75th STREET is an innovative warehouse complex that has been redeveloped into a flexible multi-business space concept offering 24 industrial spaces which range from 2,500 SF to 3,350 SF and primed for tailored tenant build-outs which can be curated to meet the different workspace needs of each tenant and their diverse businesses. Each space offers an open loft style format, each division equipped to function as a live/work space as well. The leasing prices start at $19 SF modified gross lease. Perks for tenants include an on-site gated parking and state of the art 24/7 voice control security monitoring.

For more information about URBAN 75th STREET, private showings or leasing information please fill out the form below:

Investment Spotlight: Reinvigorating Miami’s Real Estate with Opportunity Zones

The opportunity zone program is a little-known provision of the Tax Cuts and Jobs Act that could be a powerful economic development tool for designated low-income communities. The program provides tax incentives to developers who invest in these areas, including 427 tracts of land in Florida, 68 of which are in Miami-Dade County. From a policy perspective, it was designed to connect new sources of capital to neighborhoods that haven’t realized economic growth in years.

The provision allows unrealized capital gains from prior investments - including other asset classes like stocks and securities - to be rolled into an opportunity fund to defer taxation. An opportunity fund is created in the private sector and is the first community investment tax incentive vehicle introduced since the Clinton Administration. The notion behind opportunity zones is that the longer the investment is held, the lower the tax burden is. So long as 90% of the investment remains in the community, the capital gains tax is reduced by:

• 10% if the investment is held for five years, or

• 15% if the investment is held for seven years

• Fully exempt if the investment is held for at least ten years

This is an innovative advance for investors to redirect their capital to support low-income communities like Little Haiti with underappreciated value. It’s a generous incentive compared to previous economic development programs because there is no government intermediary to approve projects. Now the question of intent remains: will investment spillover enough into these neighborhoods or will this just be a chance for developers and investors to cash in?

Germaine Smith-Baugh, CEO and President of Broward County’s Urban League, worries that despite the potential for growth, with investment comes a pattern of gentrification. As property values, rents, and taxes rise, longtime residents can get priced out. “I’m right here on Sistrunk Boulevard,” an economically distressed neighborhood in Fort Lauderdale, said Smith-Baugh. “Folks are buying left and right. The foreign dollars coming in to purchase here — it’s unreal.”

Smith-Baugh hopes the program doesn’t displace local business and residents, and says the solution is to attract the right kind of impact investors, or people who will work with the neighborhoods to create workforce housing and transit. “We would like to see organizations that can aggregate potential projects and make the residents and businesses feel as though they are part of the process,” she said.

In order to qualify, the real estate asset would need to be built or be converted with improvements totaling at least the purchase price of the property. It must also be an active conduct business, meaning the asset can’t simply be a home that appreciates in value over time.

The opportunity zone program is an attractive vehicle for moving capital of scale into low-income neighborhoods with enough parameters to ensure it is being deployed toward economically productive investments that ultimately create jobs and businesses.

Article by: Katya Demina

Construction Underway On Magic City Innovation District As Leasing Of Commercial Space Kicks Off

Magic City Innovation District (MCID), a 17.7-acre Innovation District in Miami’s Little Haiti and Little River neighborhoods, has commenced renovations on 17 of its 21 commercial buildings. The project's first phase of commercial development features 200,000 SF of leasable space spread through several modernized warehouses. Designs for the commercial spaces, which range from 300 to 14,000 SF, are spearheaded by a variety of local design firms, including McKENZIE and ELM Architects. MCID anticipates being ready to receive office, retail and other commercial tenants as early as September 2018. Metro 1, South Florida’s leading real estate brokerage, management and development firm, will handle leasing efforts for the 17 spaces, geared toward creative-style tenants that align and shape MCID’s atmosphere and further promote foot and auto traffic throughout the neighborhood.

“The majority of our team has been working behind the scenes for over a decade, and now, it’s finally a reality,” said Tony Cho, founder and CEO of Metro 1 and a MCID founding partner. “Soon you will be able to walk through Phases 1 & 2 of Magic City and experience how the vision behind the property interacts and attracts a true innovation ecosystem to Miami, while preserving Little Haiti’s unique character.”

MCID spans 6 city blocks and intends to redevelop the Little Haiti and Little River neighborhoods to create a walkable, campus-like neighborhood where individuals from all demographic backgrounds can enjoy a high-quality live, work, play lifestyle. With an emphasis on technology, sustainability, health and wellness and art and entertainment, MCID will contribute to the economic vitality of the area and enhance the appeal of the community. Phase two of the MCID development is the Forest of Curiosities park created in partnership with Lune Rouge, the Montreal-based enterprise founded by Cirque de Soleil founder, Guy Laliberté. The park promotes innovation, creativity and entrepreneurship and will have a central role in the curation and creative direction of Magic City’s arts and entertainment venues. 

“Magic City’s long-term development schedule and unique large-scale format makes the leasing process totally different from what you’d typically see at a new construction project elsewhere in the city. We’re looking for retail partners who not only share our desire to reinvigorate the surrounding community with new energy, but also complement the area’s existing vibe,” said Andres Nava, Vice President of Commercial Leasing at Metro 1. “Finding the right balance can be challenging, but we’re determined to fulfill our promises and create something that will benefit the entire community, not just the development team.”

MCID is also offering short-term lease opportunities, with spaces ranging from 300 SF to 30,000 SF. One of the few large-scale event venues in the City of Miami, these spaces are now available to host local community events as well as large-scale national/international conferences.