Only Luxury Condominium to be Delivered in South Beach This Year Tops Off

Terra, led by David Martin, and GFO Investments, led by Russell Galbut, topped out construction for Five Park Miami Beach, the only high-rise residential condominium delivered in South Beach this year. A visual beacon marking the entryway into Miami Beach, the development pairs a landmark residential tower with the adjacent three-acre Canopy Park and art-inspired Canopy Bridge. The 519-foot development will become the tallest building in Miami Beach upon its completion in 2023.

"Five Park delivers on every element of luxury living as the tallest tower on Miami Beach.  Uniquely connecting the South of Fifth neighborhood to the West Avenue district, Five Park brings the park to the boardwalk as the only tower rising in the area," said Jay Phillip Parker, President of Douglas Elliman Development Marketing, Florida. “It’s a project that elevates the caliber of the neighborhood and a perfect representation of a development built to meet the discerning demands of Miami’s new buyer’s needs. Five Park achieves an unprecedented level of quality, very different from what has been built in the last decade, thanks to David and Russell’s collaboration and their unique understanding of the surrounding needs.”

Rising on the edge of Miami Beach, the 48-story tower has unveiled 50,000 square feet of diverse amenity spaces with a choreographed team available round-the-clock. On the 6th floor, overlooking city and bay views, residents are invited to The Park Club. Anchored by an expansive pool and café terrace, the elevated oasis features a lap and family pool with covered cabanas, loungers and social spaces with indoor or al fresco dining options. Additionally, The Park Club amenity level features a variety of wellness, work and entertainment spaces including a fully outfitted gym and spa treatment rooms, a co-working area with private offices and board rooms, screening rooms and more. On the ground floor, Five Park boasts its very own backyard oasis, Canopy Park. Spanning three acres, the community amenity offers a refuge from city living with a botanic garden, interactive MONSTRUM playground, dog park and event lawn. 

Five Park was conceptualized by a visionary team of designers, architects and tastemakers with an exceptional understanding of beauty, functionality and service. The roster of project collaborators includes interior design firm Gabellini Shepard; Arquitectonica, leading architectural plans; design maven Anda Andrei; French conceptual artist, Daniel Buren; and Sarah Harrelson, founder of Cultured Magazine, leading the interior art curation.

Five Park also has revealed the Canopy Bridge, set to break ground in early 2024, an overhead bridge designed by Daniel Buren, recognized worldwide for his site-specific art installations. The 158-foot-long enclosed pedestrian tube will connect the site anchored by Five Park to the South of Fifth neighborhood for the first time.

ArquitectonicaGEO-Designed Canopy Park Opens To Public On Alton Road In Miami Beach

Canopy Park, Miami Beach’s new three-acre community park situated between the 600 and 700 blocks of Alton Road, is now open to the public. Park-goers can enjoy open greenspaces shaded by native tree species, pedestrian trails and bike paths, an outdoor gym and dog run, a MONSTRUM-designed children’s playground, and public art displays. Designed with sustainability in mind, Canopy Park reflects how landscape architecture can serve as a green resiliency solution for coastal communities with a host of environmentally conscious features including a Maritime Hammock, bioswales, and a 25,000-gallon cistern to conserve and manage rainwater.

Additionally, Canopy Park will connect to Miami Beach’s popular South of Fifth neighborhood and complete the Miami Beach Baywalk via a new signature pedestrian bridge designed by Daniel Buren spanning the MacArthur Causeway/5th Street, creating a safe and seamless connection running from South Pointe Park north to the Lincoln Road District and east to the beachfront.

“Instead of a massive wall of rental units, we now have this exquisite greenspace in a neighborhood where no one has a backyard,” said City of Miami Beach Mayor Dan Gelber. “This park will quickly become a welcomed amenity for nearby residents and a favorite gathering spot for our entire community.”

Canopy Park was developed by TCH 500 Alton, LLC, a partnership between two of Miami Beach’s deepest-rooted real estate developers: David Martin and Russell Galbut. The development team, which is also behind the neighboring Five Park residential tower, constructed and donated the park to the City of Miami Beach’s Parks & Recreation Department as a gift to the community’s residents and visitors.

“Canopy Park will be a gateway for the City of Miami Beach, a destination for visitors, and an everyday amenity for residents, so we’ve taken the time to assemble a team of visionaries who have led some of the most transformational projects in the world,” said developer Russell Galbut of TCH 500 Alton, LLC. “We’ve created a vibrant community asset that brings people together while providing a design experience that rivals public spaces in the world’s greatest cities.”

A major design component of Canopy Park, which was imagined by landscape architect Laurinda Spear’s ArquitectonicaGEO, is a “natural play” playground by Danish design firm MONSTRUM, which is famous for creating artistic and architectural playscapes around the world. A standout element of the playground is an eye-catching slide paying homage to pioneer developer Carl G. Fisher’s cultural mascot Rosie the Elephant, an instrumental historical figure known for putting Miami Beach on the map as a luxury destination and “America’s winter playground” in the early 1920s. Infused with art and design, a distinctive sculpture by Miami-based artist Mark Handforth also enriches the outdoor space.

“Canopy Park was designed with beautiful aesthetics in mind but also serves a broader environmental purpose,” said developer David Martin of TCH 500 Alton, LLC. “The park’s innovative sustainability and resiliency attributes will benefit not only the future residents of the adjacent Five Park tower, but also the entire surrounding neighborhood.”

Canopy Park’s sustainability and resiliency features include:

• Vegetation, Biodiversity and Native Plant Communities: Canopy Park boasts lush, sustainable landscaping comprising nearly 40 different plant and tree species. There have been 221 trees and 121 palms newly planted in the park, of which 80 percent are native, and 100 percent are low maintenance and tolerant of drought. The incredibly varied plant biodiversity not only beautifies the area, but also performs incredibly important roles that will help balance ecosystems, mitigate soil erosion, decrease urban heating effects, provide habitats for threatened animals, and protect watersheds from destructive floods.

• Maritime Hammock and Habitat Restoration: In addition to the extensive tree canopy throughout the park, a Maritime Hammock, consisting of 2.6 times the required ground cover by code, anchors the north end of the park. The hammock offers crucial shade from the year-round sun, captures carbon and toxins from the air, and diminishes the urban heat island effect, cooling the surrounding area. It also restores natural habitats, regenerates roosting areas, and provides feeding opportunities for birds, bats, native bees, and other pollinators. Canopy Park aims to replicate the original tropical forests once found in Miami Beach to reinforce an original and stable ecosystem in the area.

• Irrigation, Water Conservation, and Rainwater Management: A weather-based irrigation controller and rain sensors limit watering during the rainy season. A 25,000-gallon cistern captures excess runoff during major storm events and irrigates plantings throughout the year, with a capacity to irrigate the park completely on collected rainwater for one week before needing replenishment. Green infrastructure solutions like bioswales and rain gardens allow for proper site filtration and management for all of the rainwater that enters the site. The resulting effect is that 90% of the stormwater is captured and diverted before it ever reaches Biscayne Bay, protecting wild grasses and native species from harmful debris and pollutants.

• The Million Orchid Project: In addition to the stunning greenery, Canopy Park is home to hundreds of vibrant, native orchids as part of The Million Orchid Project. Once an abundant, natural flower proliferating across Miami Beach, orchid numbers have dwindled as the City of Miami Beach has developed and expanded. To address this problem, The Million Orchid Project, the National Orchid Garden, and the Fairchild Tropical Botanic Garden – alongside local volunteers and the park’s development team – joined forces to propagate and plant over 600 wild orchids throughout the park grounds to reinstate the majestic flower in Miami Beach.

• Next door, development is currently underway at Five Park, an iconic 48-story luxury residential tower that will offer unparalleled five-star amenities, including Miami Beach’s premier resident-only members club, The Canopy Club. The project is estimated to be completed in 2024.

• Approved plans for the site also include The Miami Beach Canopy Bridge, a signature pedestrian bridge spanning 5th Street designed by international artist Daniel Buren. The Miami Beach Canopy Bridge – subtitled Walking Under, Along, and On the Colors: work in-situ by Daniel Buren – will complete the Miami Beach Baywalk, creating a safe and seamless connection running from Southpointe Park North to the Lincoln Road District and East to the beachfront. The Miami Beach Canopy will become an instant landmark for Miami Beach and a beloved work of public art that guides pedestrians along a rainbow of colorful shadows. Construction of the pedestrian bridge is expected to get underway in 2023.

Images via World Red Eye

ANF Group Marks 40th Anniversary With Strong Pipeline of South Florida Construction Projects

ANF Group, Inc., a full-service construction firm providing construction management, general contracting, development, and design-build services to the South Florida market, is entering its 40th year in business with a strong pipeline that includes several significant residential and healthcare projects, and an optimistic outlook for the South Florida construction industry.

Founded in 1981, the award-winning firm is perhaps best known for building the $80 million Joe DiMaggio Children's Hospital, the $50 million Nova Southeastern University Center for Collaborative Research Facility in Davie, and for its work on approximately 150 different projects for Memorial Healthcare System.  Most recently completed Baptist Health’s new 112,000-square-foot medical facility in Plantation, offering access to a full range of integrated health and wellness services under one roof.

While continuing to maintain its healthcare-sector focus, the firm has also expanded into multifamily, residential, and industrial spaces over the last decade. Projects currently under construction include:

• Canopy Park/500 Alton, a three-acre public park at the gateway to Miami Beach, for developers Terra Group and Crescent Heights

• Broward Sheriff’s Office Training Center, an 80,000-square-foot property with administrative offices, auditorium, Fire Rescue simulation labs, a repel tower, indoor firearm ranges and ‘Memorial Lobby’ dedicated to the victims of Marjory Stoneman Douglas High School shooting

• Vista Verde at Sunrise, a 288-unit apartment community in Sunrise for developer Rilea Group

• Village View, a 100-unit affordable senior apartment community in the Flagler Village section of Fort Lauderdale, for developer Housing Trust Group

• Miramar Medical Office Building II, a 126,000-square-foot facility with an ambulatory surgical center, for Memorial Healthcare System

"Our milestone anniversary is an opportunity for us to reflect on our accomplishments, contributions, and the future and evolution of construction," said Al Fernandez, President of ANF.  "The COVID pandemic presented some clear challenges for the overall construction industry, with the disruption of supply chains and rising costs, but overall, the outlook remains positive.” 

“Florida continues to attract new residents,” he continued, “and this is prompting the demand for new medical facilities outside the normal bounds of hospitals as well as more multifamily housing and industrial/warehouse space. With no signs of slowing down, the construction sector in South Florida is thriving, and ANF Group will remain at the forefront, providing exceptional construction service to South Florida's development community for years to come.”

ANF is a family-owned and operated business led by Alberto Fernandez, Jr., Nelson Fernandez, and Alberto Gil.  The company's commitment to providing exceptional quality and customer service remains at the core of its identity. While the company has grown significantly in the last decade, the principals continue to abide by a strict business practice put in place long ago – the firm will not accept any sizable project unless it can guarantee that one of the three principals can be integrally involved. Based in Davie, Florida, ANF currently has 66 employees. 

ANF’s philanthropy is a big part of who ANF and the Fernandez family are. The firm established the Peaceful Haven Ranch Group Homes in Fort Lauderdale. This facility provides care for residents who suffer from developmental disabilities. The company was one of the founding members of the ANF Group Tour de Broward, an annual fundraiser that helps underwrite programs, services, and facilities for kids and families at Joe DiMaggio Children's Hospital.  In its history, the fundraiser has raised more than $6 million.  In addition to making financial contributions, every employee is encouraged to find worthy opportunities to dedicate time and resources.

About ANF Group:

Since 1981 ANF Group, Inc. has been providing quality preconstruction, construction management, general contracting, development, and design-build services to the South Florida Market.  ANF is an industry leader in commercial, multi-family, and education construction, and has played a vital role in the highly specialized niche of healthcare construction with expertise working on active campuses, laboratories, and research facilities.  With more than 40 years in the construction industry, ANF is a family-owned and operated business whose expertise, professionalism, and meticulous work ethic have made them one of South Florida's most respected construction firms. For more information visit www.anfgroup.com.

This article was produced in partnership with ANF Group.

The 48-Story Five Park Locks Town $345 Million Construction Loan In South Beach

The developers of Five Park, a 48-story residential tower coming to the entrance of South Beach at 500 Alton Road, has locked down a $345 million construction loan. The loan is the largest residential construction loan to be funded in South Florida since the pandemic took hold and is being provided by Blackstone and Apollo. Five Park is being developed by a partnership between Terra, led by David Martin, and the Galbut Family Office in partnership with New Valley. The 519-foot development will become the tallest building in Miami Beach upon its completion in 2023.

“Miami Beach is well-positioned for long-term growth as a global gateway city, with continued demand coming from both foreign and domestic buyers. Five Park is poised to become the address of choice for the City’s newest residents, offering direct pedestrian access to Canopy Park and the Miami Beach Baywalk, panoramic views across the cityscape and Biscayne Bay, and best-in-market amenities,” said David Martin, CEO of Terra.

Five Park is designed by Arquitectonica with interiors by Gabellini Sheppard. The tower will include approximately 280 residential units with a blend of condominium and multifamily residences as well as 3-acre public park. The units mix is made up of spacious two-, three-, and four-bedroom residences and penthouses. Building amenities will include an amenity deck with two swimming pools, a restaurant, sunset viewing lounge areas, a resort-style spa, and a state-of-the-art fitness center with outdoor exercise areas. The tower will also feature a grand lobby with a gourmet café as well as a Sky Club lounge with a second fitness center, a private dining room, and a building concierge offering in-room dining and other specialized services for residents.

The development also includes the construction of Canopy Park, Miami Beach’s newest public park, which broke ground in July 2020. The three-acre park, located between the 600 and 700 blocks of Alton Road, will include an array of resiliency and sustainable features along with open green spaces shaded by native tree species, pedestrian and bike paths, an outdoor gym and dog run, a MONSTRUM-designed children’s playground, and public art displays. Construction of Miami Beach’s newest world-class city amenity is currently underway and is slated for completion in Summer 2021.

Approved plans for the site also include a third phase, Miami Beach Canopy, which will encompass a signature pedestrian bridge spanning 5th Street designed by internationally renowned artist Daniel Buren and is anticipated to get underway in 2022. The Miami Beach Canopy — subtitled Walking Under, Along, and On the Colors: work in-situ by Daniel Buren — will complete the Miami Beach Baywalk, creating a safe and seamless connection running from South Pointe Park north to the Lincoln Road District and east to the beachfront. The Canopy will become an instant icon for Miami Beach and a beloved work of public art that guides pedestrians along a rainbow of colorful shadows.

The $345 million loan is the latest sign that Blackstone is going long on the Miami market following the news that the firm has purchased the office towers at 2 and 3 Miami Central in Downtown Miami for $230 million. Blackstone is planning a 200-person tech-focused office in Downtown Miami.

For more information about Five Park, private showings or purchasing/ leasing information please fill out the form below:

Terra And Crescent Heights Break Ground On Canopy Park In South Beach

Terra and Crescent Heights, along with development partner New Valley, have broken ground on Canopy Park, located at the gateway to South Beach at after winning approval from the Miami Beach City Commission last year. The developers are building a three-acre public park, named Canopy Park, alongside a new residential tower at 500 Alton Road. Terra is led by David Martin and Crescent Heights is led by Russel Galbut, both longtime local Miami-based developers.

The three-acre park, located between the 600 and 700 blocks of Alton Road, will include open green-spaces shaded by native tree species, pedestrian and bike paths, an outdoor gym and dog run, a MONSTRUM-designed children’s playground, and public art displays. Canopy Park will be connected to the South of Fifth neighborhood and the Miami Beach baywalk via a new pedestrian bridge over I-395. The pedestrian bridge was designed by artist Daniel Buren and has been dubbed the Miami Beach Canopy. Construction of Miami Beach’s newest world-class city amenity is now underway, with completion estimated for Summer 2021. Canopy Park is located at the site of the former South Shore Hospital which the developers recently demolished.

“Canopy Park will be a gateway for the City of Miami Beach, a destination for visitors, and an everyday amenity for residents, so we’ve taken the time to assemble a team of design, art and planning visionaries who have led some of the most transformational projects in the world,” said David Martin, President of Terra. “The end result will be an active park and design experience that rivals public spaces in the world’s greatest cities.”

“World class cities and neighborhoods are defined by their public spaces, and Miami Beach is home to some of the most desirable parks and open spaces anywhere,” said City of Miami Beach Mayor Dan Gelber. “Our City’s newest public green space, Canopy Park, will quickly become a welcomed amenity for nearby residents and a favorite gathering spot for our entire community.”

The development team has enlisted an ensemble of artists, designers and architects who will bring the park to life, including architects Bernardo Fort-Brescia & Raymond Fort of Arquitectonica; landscape architect Laurinda Spear of ArquitectonicaGEO; design advisors Daniel Vasini of West 8, Anda Andrei of Anda Andrei Design, and Michael Gabellini and Kim Sheppard of Gabellini Sheppard Associates; and art advisor Lisa Austin. 

A major design component of Canopy Park will feature a “natural play” playground by Danish design firm MONSTRUM, which is famous for creating artistic and architectural playscapes around the world. Standout elements of the playground will include a giant butterfly, a mangrove forest and a caterpillar slide enabling children to jump, climb, balance, and express their inner imaginations.

The Miami Beach Canopy pedestrian bridge, subtitled Walking Under, Along, and On the Colors: work in-situ by Daniel Buren, will complete the Miami Beach Baywalk, creating a safe and seamless connection running from Southpointe Park north to the Lincoln Road District and east to the beachfront. The Canopy will become an instant icon for Miami Beach and a beloved work of public art that guides pedestrians along a rainbow of colorful shadows. Completion of the Miami Beach Canopy pedestrian bridge is anticipated for 2022.

Plans for Canopy Park also include an array of sustainability and resiliency features, including habitat restoration, vegetation, biodiversity, native plant communities, irrigation, water conservation and rainwater management. The park will also serve as an educational resource to inform and inspire the public about resilience and sustainability efforts being made by the city.