Gioia Hospitality Group Behind Daniel's Steakhouse Signs Lease To Open New Waterfront Concept In Edgewater

Gioia Hospitality Group, the South Florida-based hospitality company co-founded by father-daughter duo Thomas and Kassidy Angelo, has officially signed a lease for a new restaurant concept at Aimco’s ultra-luxury development located at 560 NE 34th Street, Unit 101, Miami, FL 33137.

The forthcoming restaurant marks the next chapter of growth for Gioia Hospitality Group, the team behind Michelin Guide–Recommended Daniel's, A Florida Steakhouse in Fort Lauderdale, Daniel's Miami, recently ranked No. 40 on the World's 101 Best Steak Restaurants list for 2026, and D's Sports Bar, named Best Sports Bar in Fort Lauderdale by Fort Lauderdale Magazine.The group's portfolio also includes the soon-to-open La Sponda at Vita at Grove Isle.

Located directly on Biscayne Bay, the new waterfront restaurant is projected to open in late 2027 or early 2028. Spanning approximately 11,500 square feet, including 2,500 square feet of outdoor space, the restaurant will anchor the property's ground-floor and feature a dramatic waterfront setting with an outdoor bar positioned directly on the bay. The restaurant will showcase Daniel’s world-class steak program, pristine seafood and an elevated waterfront dining, bringing Gioia Hospitality Group's signature approach to sourcing, hospitality and guest experience to one of Miami's most exciting luxury residential developments.

The restaurant is being designed by Rockwell Group, the internationally acclaimed architecture and design firm founded by David Rockwell, known for designing some of the world's most celebrated restaurants, hotels, cultural institutions and entertainment destinations.

The lease transaction was brokered by Michael Silverman and Jeff Evans of Comras Company.

“This is an incredibly exciting moment for Gioia Hospitality Group and demonstrates our commitment to the South Florida market,” said Thomas Angelo, Co-Founder of Gioia Hospitality Group. “This special location and extraordinary space gives us the opportunity to create something truly special directly on Biscayne Bay. With the tremendous support of Aimco and their team, and the collaboration on the design with Rockwell Group, we are looking forward to developing a restaurant that reflects the best of Miami waterfront dining while staying true to the standards of hospitality, cuisine, and service that define Gioia. A special thank you to Lee Hodges and Aimco CEO Wes Powell and for believing in us and trusting us with this incredible opportunity.”

"I live in Midtown, so this project is especially meaningful to me," said Kassidy Angelo, Co-Founder of Gioia Hospitality Group. "This location allows us to introduce a whole new audience to the hospitality, quality and guest experience we've built at Daniel's, while making it much more accessible for residents of Midtown, Miami Beach and North Miami. We're excited to become part of this neighborhood and create a waterfront destination the community can enjoy for years to come."

“We are thrilled to welcome Gioia Hospitality Group to our waterfront development in Miami’s Edgewater neighborhood,” said Wes Powell, CEO of Aimco. “Thomas, Kassidy, and their team have built a strong reputation for delivering exceptional dining experiences in South Florida, and their vision for this waterfront concept aligns perfectly with the standard of luxury, design, and lifestyle we are creating. We believe this restaurant will become a defining amenity for the property and a destination for the broader Miami community.”

Additional details on the restaurant’s name, culinary direction, and opening timeline will be announced at a later date.

Images via Louis Collection

Oak Row Equities and OKO Group Close Largest Land Acquisition in Florida With $520 Million Waterfront Land Deal in Brickell

Oak Row Equities, a leading vertically-integrated real estate private equity and development company with over $4 billion of development in South Florida, OKO Group, the Miami-based development company founded by international investor and luxury real estate developer, Vlad Doronin, and Mariposa Real Estate have successfully completed the single largest land acquisition in Florida. The joint venture closed on the $520 million purchase of Aimco’s 4.25-acre waterfront parcel—located at 1001 and 1111 Brickell Bay Drive—with 485 feet of continuous Biscayne Bay frontage.

TYKO Capital is the senior lender, providing a $464.5 million acquisition and predevelopment loan. Positioned in the heart of Miami’s Brickell financial district, the overall site is zoned for over three million square feet of development, allowing for multiple towers that can rise up to 1,049 feet. The assemblage, the largest and last remaining developable site of this scale in Brickell, will feature an ultra luxury destination that redefines the future of holistic living and leisure. The first phase of development will feature a hotel and branded condominiums.

“Closing on Brickell Bay Drive is a historic moment for our growing firm—a milestone that speaks to the caliber of our team—and for the future of Miami. We are honored to partner with OKO Group to create a globally-coveted experience and new way of living that is singular to this once-in-a-lifetime waterfront site,” said Erik Rutter and David Weitz, Managing Partners at Oak Row Equities. “Tyko Capital has been an incredible partner and a true pleasure to work with. Their financing is a powerful validation of the underlying fundamentals of this exceptional transaction, and we are grateful for their partnership and belief in the unprecedented growth ahead for South Florida.”

“This landmark acquisition represents a pivotal moment for Miami and reinforces OKO Group’s long-term commitment to elevating the city’s global profile,” said Vlad Doronin, Founder and CEO, OKO Group. “Brickell’s final remaining waterfront site of this scale provides a rare opportunity to create an iconic mixed-use development that will set a new benchmark for design, wellness, and luxury hospitality in the United States. We are pleased to collaborate with Oak Row Equities, whose vision and expertise align with our ambition to deliver enduring value and an unparalleled lifestyle experience for residents and guests on Biscayne Bay.”

Oak Row Equities has rapidly ascended as a preeminent development firm in the South Florida real estate industry. Wynwood Plaza, the largest mixed-use development in Wynwood, is home to Amazon’s South Florida headquarters and 509 brand new luxury rentals. Oak Row assembled the land for this project in the largest off-market transaction in Wynwood’s history.

2900 Terrace, a premier luxury multifamily tower in Miami’s vibrant Edgewater submarket, broke ground in October following the close of a $142.5 million senior loan from Bank OZK and a $68.0 million mezzanine loan provided by Canyon Partners Real Estate. 2600 Biscayne, a 41-story Class AAA office and multifamily tower in Edgewater and currently under construction, was funded by a $181M construction loan from Bank OZK with over 50% of the commercial space pre-leased.

Simultaneously, ORE is finalizing plans for First & Fifth, a brand new luxury multifamily tower designed by ODP Architects, that will rise across the street from MiamiCentral Station – the hub of all four major train systems in South Florida. ORE is also advancing permits for Venus, a 440-unit multifamily project in North Miami Beach.

OKO Group builds on the formidable expertise of Doronin, one of the most successful and respected international developers, and his peerless track record in constructing world-class office, retail and luxury residential space over a total of 82 buildings.

OKO Group’s current U.S. portfolio of prime properties and development projects include 830 Brickell, a Class A-plus office tower in Miami’s Brickell Financial District; two luxury residential developments in Miami, Missoni Baia in Edgewater and Una Residences in Brickell; Aman Miami Beach, spanning two oceanfront buildings at 3425 Collins Avenue; the Crown Building in New York City, which opened in 2022 as Aman New York at the crossroads of Fifth Avenue and 57th Street; and One Beverly Hills, a 17.5-acre multi-billion dollar master planned development in partnership with Cain International which will include Aman Beverly Hills which will encompass an Aman hotel, branded residences, and a private club.

Aimco Partners with Camillus House and Provides $1 Million Contribution to Advance Workforce Development

Apartment Investment and Management Company (“Aimco”), a diversified real estate investment company, has pledged $1,000,000 to Miami-based Camillus House to support expanded workforce development programs. 

In discussions with Miami’s civic and community leaders it became clear that despite a strong job market, many of Miami’s residents don’t possess the necessary skills or experience to obtain better-paying jobs and are, therefore, unable to benefit from Miami’s rapidly growing economy.  As a major investor in South Florida, it is important to Aimco that those at all levels of the economic spectrum have the opportunity to excel and in turn, contribute to the broader community. 

Since its founding in 1960, Camillus House has been a pillar of the Miami community. Created to provide meals and spiritual comfort to homeless Cuban exiles and other poor and hungry Miamians, Camillus House has grown steadily into one of the largest providers of services to the most vulnerable population in the community. Camillus House houses more than 1,700 people nightly through its 11 residential facilities and scattered-site apartments across Miami-Dade County. Some of its programs include Day Center services, Specialized Street Outreach programs, Homeless Prevention initiatives, and comprehensive workforce development and life skills programming. 

“Many people experiencing homelessness want to work, but without the necessary training and skills it’s extremely difficult for them to earn enough income to move forward,” explained Hilda M. Fernandez, Camillus House CEO.  “Thanks to this critical and very generous multiyear grant from Aimco, we can now expand our workforce development program to provide the guidance, support, and vocational training that can help prevent homelessness and change the lives of the great many men and women we serve throughout Miami-Dade County.” 

In partnership with Aimco, the Camillus House Workforce Development Initiative will provide opportunities to Camillus House residents such as participation in construction trade programs operated by Florida International University and funded by Southeast Overtown/Park West Community Redevelopment Agency, an eight-week culinary certificate through the Miami-Dade College Culinary Arts Program, and employment opportunities with the Downtown Enhancement Team through the City of Miami’s Downtown Development Authority and Omni Community Redevelopment Agency.

In addition, through its Aimco Cares program, Aimco will sponsor scholarships to individuals in the Camillus House program designed to remove barriers to employment for those looking to obtain or maintain a job. The scholarships will cover job-related costs, such as bus passes, licensing fees, uniforms, classes, and similarly required ancillary costs crucial to succeed in gainful employment opportunities.

“Aimco Cares’ mission is to empower the most vulnerable by giving them the tools required to improve their quality of life,” said Jennifer Johnson, Aimco’s Executive Vice President and Chief Administrative Officer. “Being able to obtain and maintain higher-paying jobs is the building block for a long-term and sustainable solution for many Miami residents. As a real estate developer, it is our responsibility to give back to the communities in which we are active and passionate. Aimco is thrilled to be part of the Miami community and looks forward to future investments in the City and its residents.” 

Kushner Cos. And Aimco Acquire Fort Lauderdale Development Site For $49 Million, To Build City's Tallest Tower

A partnership between Kushner Cos. and Aimco (NYSE: AIV) has acquired a development assemblage in Fort Lauderdale for $49 million and plan to develop Fort Lauderdale’s tallest tower. The development partnership acquired a 1.87-acre site at 520 W Broward Blvd. for $35.5 million from Swire Properties as well as a 2.31-acre site at 300 W Broward Blvd. for $13.5 million. The acquisition was financed with a $40 million mortgage provided by MSD Partners.

The towers would rise 48-stories, 546’. The tallest building in Fort Lauderdale is currently the 46-story 100 Las Olas. The project would feature 956 rental apartments, 23,752 SF of commercial space and 1,031 parking spaces. The tower was designed by ODA Architecture and features two towers joined by a 10-story base which will house the amenities including a fitness center, library and resident’s lounge. Atop the landscaped podium will be sunrise and sunset pools, cabanas and a yoga deck. Plans for the project were submitted to the City of Fort Lauderdale for approval in late 2021.

Renderings via ODA Architecture

Aimco Acquires Hamilton On The Bay Multifamily In Edgewater For $89.6 Million

The 275 unit bayfront multifamily rental tower Hamilton on the Bay in Miami’s Edgewater neighborhood has sold for $89,600,000, which breaks down to roughly $330,000 per unit. Rani Hussami of Marcus & Millichap’s Hussami Rockson Group represented the seller, Properties of Hamilton, Inc. in the transaction. The property was originally developed by Ted Arison, founder of Carnival Cruise line, in 1984.

Apartment Investment and Management Company (Aimco | NYSE: AIV), is a publicly traded real estate investment trust (REIT) who owns over 120+ apartment communities comprising 32,000+ apartment units in major markets across the United States. Aimco also owns Atlanta, New York, San Francisco, Boston, Chicago, Denver, Washington DC, Los Angeles, Philadelphia, Seattle and San Diego. In Miami Aimco also owns Flamingo in South Beach, Bay Parc Apartments in Edgewater and Yacht Club in Brickell.

Florida East Coast Realty Asks Courts to Overturn Approval of Aimco's Yacht Club Brickell

While some of the world's finest condos are going up all over Miami, each raising the bar over the previous tower, some of Miami's biggest rental developers are beginning to become at odds with each other in Brickell. Florida East Coast Realty has filed a court action to reverse the approval of the NYSE-listed Aimco's approved 61-story Yacht Club at Brickell. Florida East Coast Realty had previously filed an appeal with the city but it was denied by Miami's Planning, Zoning, and Appeals Board. Now, TWJ 1101 LLC, an entity of Florida East Coast Realty, has filed a Petition of Writ of Certiorari. Florida East Coast Realty is upset that the proposed Yacht Club at Brickell could block views from their Panorama Tower. Yacht Club at Brickell would allow Aimco to redevelop the existing 32-story apartment building on the property as well as build an additional 61-story apartment building also on the plot. The 4 waivers given to Aimco including parking reduction, floor plate and setback waivers, are all being challenged by the case. Yacht Club at Brickell will ultimately result in a new 61-story, 690-foot residential rental apartment building as well as the renovation of the 32-story which will feature a hotel, retail as well as residential rental apartments. There will be 750 rental apartment units in the development matched with 250 hotel rooms and 961 parking spaces. Aimco has also applied for a potential of no hotel and 897 rental units. Stantec will be the architect on record. Florida East Coast Realty's Panorama Tower topped over earlier this year and pre-leasing is currently underway. 

Aimco Proposes 1111 Brickell

Aimco, a NYSE-listed REIT, has proposed to redevelop the Yacht Club at Brickell not a new mixed-use  tower named 1111 Brickell. The development will ultimately result in a new 61-story, 690-foot residential rental apartment building as well as the renovation of the 32-story which will feature a hotel, retail as well as residential rental apartments. There will be 750 rental apartment units in the development matched with 250 hotel rooms and 961 parking spaces. Aimco has also applied for a potential of no hotel and 897 rental units. Stantec will be the architect and plans have been submitted to Miami's Planning & Zoning Department with a UDRB review scheduled for November 16. 1111 Brickell is sure to add further uncertainty into the Brickell market as developers have already hit the brakes and investors have had trouble renting their units for what they had projected to be market rent. If Brickell Bay Drive wasn't dense enough already, Aimco is looking to increase that density through rental only units. Aimco also owns and operates Miami Beach's Flamingo Tower as well as Edgewater's Bay Parc Plaza.