Blue Road and Ilia Development Group's The William Residences Hits 35% Sold in North Miami Beach Participating in EB-5 Program

The William, a 374-unit, 26-story residential tower in North Miami Beach developed by Blue Road and Ilia Development Group, with sales and marketing led by Fortune Development Sales, has achieved 35% sold since launching sales in late Q3 2025. Situated at 2040 NE 163rd Street, the project continues to gain traction for its new construction offering, lifestyle-driven amenities, central location and international appeal.

The sales progress comes as buyers and investors are becoming more intentional about where they commit capital, looking for markets where connectivity, livability and relative value can support long-term appreciation. As limited availability and rising prices continue to define Miami’s most established neighborhoods, attention is shifting toward North Miami Beach, an area that has evolved into a coveted lifestyle destination.

“This milestone confirms what we believed from the beginning: buyers are ready to look at North Miami Beach differently,” said Jorge Savloff, founder and CEO of Blue Road. “The city has the access, lifestyle and momentum people are seeking, and The William is helping define what this next chapter can look like. Reaching 35% sold shows that buyers recognize the opportunity to be part of that growth early.”

The project spans a broad buyer base, from domestic purchasers seeking a more approachable path into Miami to international investors, particularly from Latin America, drawn to its EB-5 investment opportunity. Residences are priced starting in the mid $400,000s, providing a rare entry point into a new development elevated by world-class design.

“The William’s momentum stands out at a time when condo buyers are being highly selective,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The interest we are seeing from Colombia, Argentina and Mexico speaks to the continued strength of international demand for Miami, particularly when buyers see a compelling investment opportunity in properties that offer new construction, excellent connectivity, and strong long-term growth potential.”

Residences at The William range from studios to three-bedroom floor plans spanning 552 to 1,412 square feet, with sweeping balconies and floor-to-ceiling windows that bring light, views and outdoor living into the everyday experience. Interiors offer imported porcelain flooring throughout, setting a refined foundation for daily living. Kitchens bring together form and function with custom Italkraft cabinetry in a warm tobacco walnut finish, accented by tinted glass doors, brushed black chrome fixtures by Hansgrohe, quartz countertops with seamless backsplashes, and a fully integrated suite of Bosch appliances. Bathrooms echo this attention to detail with contemporary Italkraft cabinetry, quartz surfaces, porcelain tile walls and flooring, and Hansgrohe fixtures.

More than 40,000 square feet of amenities across the tower are designed around everyday living. Offerings include a resort-style pool and sun deck, fitness and wellness facilities, spa treatment rooms, outdoor dining and lounge areas, co-working and café spaces, a children’s playroom and playground, and rooftop gathering areas featuring a pickleball court, courtside lounge and sweeping views of Biscayne Bay and the Atlantic Ocean.

Architecture is led by internationally renowned Carlos Ott in collaboration with Behar Font & Partners, with interiors by Miami-based Urban Robot. Together, the design team brings a high-caliber residential vision to North Miami Beach, pairing a striking louvered façade with warm, contemporary interiors and shared spaces.

Positioned between I-95 and the Atlantic Ocean, The William places residents at the center of it all. Aventura Mall and Bal Harbour Shops, Oleta River State Park, golf courses, marinas, and world-class healthcare are minutes away, while access to I-95, SR-826, two international airports, and the Brightline Aventura station ensure effortless regional and global travel.

The William’s sales gallery is located at 16251 West Dixie Hwy, North Miami Beach.

Renderings via The William Residences / Blue Road

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Wynwood Welcomes Frida Kahlo Wynwood Residences

Known for its creative spirit and undeniable influence on emerging artists, Wynwood has long since stood as a haven for everything new, bold, and unconventional. As the district has grown, that same passion has seeped into the architecture and design defining its emerging skyline.

The latest example of this is the newly launched first-ever Frida Kahlo Wynwood Residences. Developed by Property Markets Group (PMG) and LNDMRK Development, this iconic residential, 244-residence building will infuse Frida Kahlo’s indelible artistic legacy into Wynwood. With sales now underway, buyers and admirers of Kahlo alike have an exclusive opportunity to own a truly unique property in one of Miami’s fastest-growing submarkets.

A Canvas for Everyday Living

Frida Kahlo Wynwood Residences presents a wide range of floor plans, accommodating everyone from the budding artist to young professionals placing their roots in the neighborhood. Each fully finished and furnished studio- to three-bedroom suite includes refined finishes by Cotofana Designs, custom ITALKRAFT cabinetry, and premium appliance packages to seamlessly elevate everyday living. Select homes feature generous dens, ideal for creative work or flexible living, as well as private balconies with sweeping views over the vibrant Wynwood streetscape. Select homes also come with deeded office suites for those seeking additional space for their creative or business pursuits.

In addition to these features, the luminous interiors throughout the building are punctuated by moments of visual contrast, creating a sophisticated interplay of light and shadow throughout each residence. Subtle, expressive design details quietly nod to Frida Kahlo’s influence at each turn, balancing her artistic eye with intention, soft curves, and graceful beauty.

Introducing the Future of Home Healthcare

In addition to intentionally appointed homes, Frida Kahlo Wynwood Residences includes a selection of intentionally appointed amenity spaces to ensure residents can live life by expression with ease. Located on the ground floor of the tower, residents will be able to do just that thanks to Baker Health, a New York-based premier concierge primary care and holistic wellness platform making its grand entrance into Florida. Designed as a concierge-style wellness destination, Baker Health’s facility and online platform will provide a comprehensive suite of personalized services that place prevention, accessibility, and comfort at the forefront of care.

Its hospitality-driven model removes traditional barriers to healthcare by seamlessly blending advanced technology with a thoughtful, human-centered approach. From effortless scheduling to 24/7 direct access to physicians, every detail is designed to anticipate residents’ needs and elevate their overall well-being, delivering care that feels both sophisticated and deeply attentive.

As an exclusive benefit, all residents will receive a complimentary Baker Health membership during their first year of occupancy, followed by preferred rates for the duration of their residency. Members enjoy access to primary care, pediatrics, and integrated wellness services under one roof, along with personalized care plans that support long-term physical and mental health.

Spaces Built to Thrive

Beyond the Baker Health facility, residents are treated to numerous amenitized experiences where they can further their wellness journey and engage with their community. These include a luxurious resort-style pool with shaded lounge areas nestled among lush landscaping and an outdoor bar and lounge space, a signature thermal circuit with steam, sauna, and treatment rooms with a cold plunge, and a state-of-the-art fitness studio.

Once wellness goals are met, residents can unwind and enjoy their surroundings at “Diary,” a speakeasy bar inspired by the intimate spirit of Frida Kahlo’s diary, inside the lobby of Frida Kahlo Wynwood Residences. Designed as an homage, not a reproduction, this intimate, layered, and immersive environment will envelope residents and visitors from the moment they step indoors with the raw emotion, bold artistry, and rich symbolism that defined her work. There will also be a curated collection of custom art installations reflecting and paying homage to Wynwood’s artistic heritage.

Where Creativity Lies

Perfectly positioned in the heart of Wynwood, Frida Kahlo Wynwood Residences is at the center of the area’s most celebrated cultural landmarks and everyday experiences.

Iconic destinations such as Wynwood Walls, the Museum of Graffiti, and The Margulies Collection at the Warehouse are all within easy walking distance, bringing world-class art and creativity to residents’ doorstep. Wynwood’s highly walkable streets invite exploration as well, from acclaimed restaurants and buzzy cocktail bars to independent cafés, galleries, and fitness studios.

Beyond Wynwood, residents are within reach of Miami’s most sought-after neighborhoods. Downtown Miami, the Design District, and Miami Beach are all just minutes away, offering effortless connections to luxury shopping, waterfront destinations, and the city’s broader cultural and recreational landscape.

Wynwood’s Next Chapter

Frida Kahlo Wynwood Residences captures the next level of artistic innovation that reflects Wynwood’s dynamic and vibrant energy. With a design inspired by the legendary artist Frida Kahlo, this tower is a new interpretation of the cultural icon.

PMG Residential is the exclusive team leading sales for Frida Kahlo Wynwood Residences. For more information and to schedule a tour of the gallery, located at 1018 N Miami Ave. Miami, FL 33136, please visit https://fridakahloresidences.com/ or call 786-833-7967.

Images via ARX Creative

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PMG and Ennismore Reveal Miami's 2nd Supertall Tower, The First-Ever Delano Branded Residences in Downtown Miami

Ennismore, one of the fastest-growing lifestyle hospitality company, and PMG, a national developer, have launched of the first-ever Delano residences in Downtown Miami and PMG’s second supertall tower in Miami. Ahead of the hotly anticipated reopening of the iconic Delano Miami Beach hotel, this new exclusive branded residential address in Downtown Miami, defined by refinement and enchantment, will honor the brand’s celebrated legacy by offering the world’s most curious, creative, and well-travelled tastemakers a place to call home.

Rising 90 stories in Downtown Miami, the newly built development will offer 421 residences, unobstructed views, and immersive amenities, including the Southeast’s first observation floor with a cantilevered glass deck and the legendary Delano Rose Bar, set high above the Miami skyline. Sales are slated to commence this March, with PMG Residential exclusively representing sales. Residences will begin at $800,000 USD.

Phil Zrihen, Deputy Group CEO of Ennismore, said: “The launch of Delano’s first branded residences marks a defining moment for the brand, extending its legacy of authentic hospitality, cultural relevance and exceptional design into the residential experience. Miami has always been central to Delano’s evolution, and there is no place better suited to translate the brand’s ethos, creative energy and emphasis on human connection into everyday living. With the reopening of Delano Miami Beach this year alongside this landmark development, we are entering a bold new chapter for Delano in the city where it all began.”

“For decades, Delano has been one of the most influential brands in shaping Miami’s identity,” said Ryan Shear, Managing Partner at PMG. “As someone born and raised here, I’ve seen firsthand the cultural impact it created — from its iconic MiMo roots to Philippe Starck’s whimsical design and the high-profile nightlife that helped define Miami on a global stage. Bringing Delano to Biscayne Boulevard is a natural next step for Downtown Miami, strengthening the connection between Miami Beach and the city’s evolving urban core. With PMG’s long-standing commitment to thoughtful development, and in collaboration with Ennismore, we’re proud to carry Delano’s legacy forward through a bold new landmark that will help shape Miami’s next chapter.”

Envisioned by conceptual artist Carlos Ott and architectural firm CUBE 3, the property will stand as an architectural marvel. Interiors are by award-winning design firm Meyer Davis, enveloping residents and guests alike in a refined, contemporary design with Delano’s inimitable look and feel. Each studio, one, two, and three-bedroom residence features custom kitchen cabinetry fabricated by Italian design house Italkraft, fully integrated Sub-Zero and Wolf appliance packages, custom bathroom cabinetry and countertops, Waterworks bathroom fixtures, and fully built-out closets. Contemporary lighting schemes and advanced smart home technologies will further enhance the living experience.

“This property is conceived as a vertical resort, layered laterally, where each ascent introduces a new environment,” said Will Meyer, Co-Founder, Meyer Davis. “Filtered light, sculptural circulation, and layered landscapes blur interior and exterior, creating a cocoon of energy and calmness that unfolds intuitively, inviting guests to move seamlessly through atmosphere, texture, and experience.”

In alignment with Delano’s legacy of crafting highly immersive, personalized experiences for guests, the residences will offer an engaging array of bespoke spaces exclusive to homeowners. A first for the region, situated 850 feet above Miami, the observation floor will feature a cantilevered glass deck and provide remarkable views of Downtown Miami and the Atlantic Ocean, showcasing the city like never before.

An elevated food and beverage offering will also create a lasting impression through its inclusion of Cafe Delano, an all-day signature restaurant, an iconic sky restaurant, and the Rose Bar. The Rose Bar is an intimate and glamorous space reimagined from the original Delano Miami Beach and is set to bring a cinematic and unmistakably Delano nightlife experience. Lastly, select residences will come with a deeded, glass-encased, fully furnished office suite, secure locking access, and complimentary Wi-Fi to deliver a comfortable, turnkey workspace.

Beyond these venues, residents can enjoy the Delano Members' Club, with world-class cultural programming, alongside a resort-style pool deck featuring a wraparound pool, lounge areas, and a bar, or the Sky Pool, which is 800 feet above Miami’s skyline and offers breathtaking views. In addition to a state-of-the-art fitness center, offering top-of-the-line equipment and a movement studio, the Delano residence offers a comprehensive wellness experience through The Source by Delano. Designed for the curious and culturally attuned, The Source by Delano blends intuitive spa rituals with bold social activations, giving guests and members a wellness journey that is radiant, revitalizing, and rooted in connection. It includes treatment rooms, a sauna, cold plunge, steam rooms, and private lockers.

The property is supported by Accor One Living, an industry-leading platform that offers a 360º approach to the development, design, and operation of mixed-use projects and branded residential communities. Through the Accor Ownership Benefits Program, residential owners will have access to signature benefits that elevate their daily lives, including global VIP recognition and Elite memberships in the ALL Accor loyalty and rewards program, with access to preferred rates at more than 45 brands and over 5,700 Accor and Ennismore hotels and resorts worldwide.

Core services will also be available to all owners as part of the community’s services, welcoming all to enjoy Delano’s comfort and convenience, including 24-hour doormen and reception, valet parking, 24-hour security, access-controlled entry points, and an expansive mail room with package storage. Through the Owner Concierge Service, residents will be able to enjoy “on demand” benefits including in-residence housekeeping, dry cleaning and laundry, pet services, and a “While You Are Away” maintenance package.

The sales gallery is located at 400 Biscayne Boulevard, Miami, FL and will open in March for tours.

Renderings via ARX Creative

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Blue Road and Ilia Development Group Reveal New Renderings of The William Residences in North Miami Beach

Blue Road and Ilia Development Group have revealed new renderings for The William Residences, a new luxury condominium development in North Miami Beach. The visuals offer a glimpse into the project’s social amenity spaces, part of a 40,000-square-foot interconnected lifestyle program spanning the ninth floor and rooftop. Conceived by Miami-based Urban Robot, the interiors of the 26-story tower blend sculptural lighting, layered textures, curved forms, warm wood ceilings and lush greenery, all seamlessly connected to outdoor environments. From sunset-facing lounges to garden-framed firepit terraces, each space is designed to feel immersive and intimate.

The newly revealed spaces reflect The William’s approach to design-forward, lifestyle-driven living including a fitness studio with outdoor training and recovery zones; a rooftop Coral Lounge and indoor bar; landscaped firepit lounges with hammock seating; a children’s playroom; and a poolside outdoor bar and social terrace.

Situated at 2040 NE 163rd Street, The William brings to the market 374 residences amid 26 stories. Designed as more than a place to live, it creates a community that blends design, lifestyle, and long-term value, appealing not only to local buyers but also to international investors through its planned EB-5 opportunities, offering both a home in South Florida and a potential pathway to U.S. residency. Residences are priced from the high $300,000s, with sales and marketing exclusively represented by Fortune Development Sales.

Residences at The William are available in studio- to three-bedroom floor plans ranging from 552 to 1412 square feet, with expansive balconies framed by glass railings and floor-to-ceiling windows that maximize natural light and views. Interiors offer imported porcelain flooring throughout, setting a refined foundation for daily living. Kitchens bring together form and function with custom Italkraft cabinetry in a warm tobacco walnut finish, accented by tinted glass doors, brushed black chrome fixtures by Hansgrohe, quartz countertops with seamless backsplashes, and a fully integrated suite of Bosch appliances. Bathrooms echo this attention to detail with contemporary Italkraft cabinetry, quartz surfaces, porcelain tile walls and flooring, and Hansgrohe fixtures.

An expansive array of amenities span more than 40,000 square feet, creating a destination as much as a home. On the ninth floor, residents can enjoy lifestyle experiences focused on wellness, connection, and leisure. This includes a resort-style pool and sun deck, alfresco dining stations with BBQ/summer kitchens, an outdoor bar and terrace lounge with firepits, a state-of-the-art fitness center and yoga studio, an outdoor training and recovery zone, locker rooms, and private spa treatment rooms. The floor also offers a co-working lounge with a terrace and library, an indoor café station, and a self-serve market, while families benefit from an interactive children’s playroom and outdoor playground.

Rising to the rooftop, residents are greeted with sweeping views of Biscayne Bay and the Atlantic Ocean. Distinctive spaces for recreation and gathering include a pickleball court and courtside lounge with a game room, hammock grove, sunset terrace, summer kitchen, and the Coral Lounge, a reservable bar and event space for private celebrations. Four-legged companions are also part of the lifestyle, with a dedicated rooftop pet run and grooming station.

Conveniences will make daily life seamless, including high-speed WiFi, a smart package locker system, seven levels of secure parking with EV charging stations, and a professionally staffed reception with 24-hour concierge and security.

Architecture by internationally renowned Carlos Ott, in collaboration with Behar Font & Partners, gives The William its striking louvered façade. The design is complemented by lush landscaping that evokes a sense of tranquility and renewal, softening the tower’s contemporary lines. Interiors are envisioned by Miami-based Urban Robot, whose multidisciplinary team is known for narrative-driven design that balances form, function, and human connection. Together, the design teams created residences and shared spaces that merge artistry with livability and a modern aesthetic that feels both refined and welcoming.

Perfectly positioned between the I-95 and the Atlantic Ocean, The William places residents at the center of it all. Aventura Mall and Bal Harbour Shops, Oleta River State Park, golf courses, marinas, and world-class healthcare are minutes away, while access to I-95, SR-826, two international airports, and the Brightline Aventura station ensure effortless regional and global travel.

The William’s sales gallery is located at 16251 West Dixie Hwy, North Miami Beach.

Renderings via The William Residences / Blue Road

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PMG and LNDMRK Development Reveal First Ever Frida Kahlo Wynwood Residences Designed by Carlos Ott

National developer PMG and LNDMRK Development have revealed the first-ever Frida Kahlo Wynwood Residences, an iconic residential development located in Miami’s cultural core, Wynwood. Inspired by the celebrated artist Frida Kahlo and designed by Carlos Ott in collaboration with CUBE 3, this sculptural landmark will consist of 244 luxury residences, with select residences accompanied by a deeded office suite. Additionally, Baker Health, a New York-based premier concierge primary care and holistic wellness platform, is set to debut its first location in Florida on the ground level of the property, bringing exclusive, on-demand healthcare around the clock to residents. PMG Residential is the exclusive team leading sales for Frida Kahlo Wynwood Residences.

“Wynwood has long stood at the core of Miami’s arts community, driving a bold creative energy and self-assured edge that reflects the fearless spirit of Frida Kahlo,” said Ryan Shear, Managing Partner at PMG. “This landmark residence unites her artistry with the visionary, highly regarded architectural design of Carlos Ott and the comprehensiveness of Baker Health’s exclusive wellness platform to create an unparalleled lifestyle driven by creative expression. We’re proud to partner with these dynamic teams to bring their visions together into one transformational building.”

Frida Kahlo Wynwood Residences’ concept design is led by Carlos Ott, a world-renowned conceptual artist celebrated for transforming bold visions into iconic, sculptural designs, in collaboration with CUBE 3. Interiors for the property will be designed by Cotofana Designs and exude a balance of fine artistry and creative intention throughout. The collection of fully finished and furnished studios to three-bedroom residences features fully built-out closets in primary bedrooms with pre-installed shelving and drawers, top-of-the-line appliance packages, fully integrated kitchens with custom countertops and backsplashes, and bathrooms outfitted with modern fixtures and custom cabinetry. Additionally, residences will have built-in, top-of-the-line washers and dryers along with a contemporary lighting package. Select residences will have spacious dens and private balconies with sweeping views of Wynwood. To accompany Wynwood’s continued evolution into a cultural hub, select residences will be accompanied by a deeded office suite, supporting meetings and moments of creativity or quiet reflection.

“The architecture that defines Frida Kahlo Wynwood Residences strikes a balance between softness and strength, using graceful curves to create a form that feels resilient, open, and artistic, yet deeply human,” said Carlos Ott. “It will emphasize the beauty of living and the spirit of its surroundings, delivering a bold structure that is pleasing to behold.”

As part of PMG’s overarching goal to create inspired residential developments, Frida Kahlo Wynwood Residences has partnered with Baker Health to provide residents with direct access to a comprehensive suite of holistic, concierge-style healthcare services. Baker Health’s preventive, personalized, hospitality-driven model removes common barriers to care, offering seamless support for both routine and urgent needs. As a key resident benefit, all unit owners will receive a free Baker Health concierge membership during their first year of occupancy, followed by exclusive discounted rates for the duration of their residency.

“Frida Kahlo Wynwood Residences’ focus on art and wellness aligns with Wynwood’s continued evolution,” said Alex Karakhanian, Principal of LNDMRK Development. “Its emphasis on residential quality, flexible office space, and strong architecture positions the project for the neighborhood’s next phase. We value our partnership with PMG and look forward to delivering another residential project in Wynwood.”

Beyond the home, Frida Kahlo Wynwood Residences offers thoughtfully curated amenities where creative inspiration meets purposeful, elevated living. Outdoor amenities include a luxurious resort-style pool, shaded lounge areas nestled among lush landscaping, and an inviting outdoor bar and social lounge. Indoors, a signature thermal circuit is available to promote an advanced means to care for one’s well-being. This space will include steam, sauna, and treatment rooms, as well as a cold plunge to reinvigorate and refresh. Nearby, a state-of-the-art fitness studio with the latest high-tech equipment will additionally help residents meet their fitness goals. Once wellness goals are met, residents can unwind and enjoy their surroundings at either the speakeasy lobby bar, offering an intimate, curated experience, or in the other common spaces showcasing a curated collection of custom art installations reflecting and paying homage to Wynwood’s artistic heritage. For those seeking a taste of Wynwood for themselves, short-term rental flexibility will also be offered at the property.

The Wynwood Arts District in Miami has cultivated a thriving arts and culture scene with galleries, boutiques, and bold street art that represent the neighborhood’s vibrant, creative energy and raw dynamism. Frida Kahlo Wynwood Residences will place residents in the center of this cultural hub, with easy access to community attractions such as the Wynwood Walls, Museum of Graffiti, and The Margulies Collection at the Warehouse in addition to modern bakeries, outdoor parks, eclectic markets, and top cuisine.

Images via ARX Creative

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Largest Penthouse In The United States Sold At Waldorf Astoria Residences Miami

The crown-jewel penthouse at Waldorf Astoria Residences Miami, which will become the largest penthouse in the United States high-atop Miami’s first supertall tower, has sold for an undisclosed price. The five-story, 33,000+ square foot “Mansion in the Sky” will be the tallest residential unit south of Manhattan. The sale was spearheaded by PMG Residential agent Paul Lash, who represented both the developer and the buyer.

The transaction marks an auspicious first for the future of real estate in Downtown Miami. The undisclosed buyer sought out an exclusive residential property, and he worked closely with Lash and the development team to design what will constitute the crown jewel of both the buyer’s personal real estate portfolio and the Miami skyline.

When finished, this one-of-a-kind “Mansion in the Sky,” suspended 1,050 feet in the air, will occupy the top five floors of the tower and enjoy unprecedented views as far as the eye can see. With just under 34,000 square feet, the residence will boast 10 bedrooms, 11 and ½ baths, and ceiling heights as high as 25 feet. Its impressive repertoire of over-the-top amenities will include, but not limited to: a wall-street-style trading room, safe room, billiards entertainment area, private movie theater, screening room equipped with two 90-inch theater screens, 3 wine cellars, full-scale bar, wellness center furnished with state-of-the-art equipment, massage rooms, infrared sauna, and a 20-car garage to house the owner’s extensive car collection. The mega-penthouse also exclusively possesses the tower’s private roof deck. On the roof, one will find: a large pool, swim-up tiki bar, 3 cabanas, an outdoor gym, and a multi-purpose court built for racquetball, pickleball and basketball. As of today, other features are being finalized for the owner.

“This penthouse sale is an indicator of the strength and tenacity of the luxury real estate market in Miami, and just how special Waldorf Astoria is to buyers and brand enthusiasts,” said Ryan Shear, Managing Partner of PMG. “We are confident in the continued momentum at Waldorf Astoria Miami, and know the property will completely elevate the standard of luxury living as we know it.”

Waldorf Astoria Residences Miami officially broke ground on October 27th, 2022 with completion slated for 2026.

PMG, along with partners Greybrook, Mohari Hospitality, S2 Development and  global hospitality company Hilton, have set out to create a landmark beacon for the city of Miami, marking Waldorf Astoria’s first entry into the Miami market. The vision is to bring an architecturally stunning structure to Miami’s iconic Biscayne Boulevard with meticulously designed residences and unparalleled services for residents and future guests of the hotel to enjoy. As the first supertall tower in Florida and the tallest residential building south of New York, Waldorf Astoria Miami looks forward to anchoring a new era for this magic city.

Located at 300 Biscayne Boulevard, the architecturally awe-inspiring Waldorf Astoria Miami will feature nine spiraling, offset glass cubes designed to be evenly stacked and wrapped in what can be referred to as a “glass skin,” distinguishing the property’s architecture from anything else on the East Coast. The tower’s concept design is led by Sieger Suarez Architects, in collaboration with renowned architect Carlos Ott, who worked in tandem to create an iconic structure in Downtown Miami offering 360-degree views of Downtown Miami, Miami Beach and the Atlantic Ocean. The developers also partnered with award-winning interior design firm BAMO, which prides itself on creating captivating environments that flow, function and make people feel welcome, at ease and inspired to live and dream more fully. The property will consist of 360 private residences, in addition to guestrooms and suites within the five-star hotel. Signature spaces will include Peacock Alley; a specialty restaurant; indoor/outdoor pre-function and function spaces; meetings and boardrooms; a resort-style pool deck with private cabanas; and a spa and fitness center.

Waldorf Astoria Hotel & Residences Miami Becomes First Supertall Tower to Break Ground In Miami

The first supertall tower to come to Miami has broken ground as the developers of Waldorf Astoria Hotel & Residences Miami have begun drilling and foundation work for the luxury mixed-use tower which is set to rise 1,049 feet in Downtown Miami. Waldorf Astoria Hotel & Residences Miami is being developed by PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT). Located at 300 Biscayne Boulevard, the soaring tower will rise 100 stories and 1,049 feet above Biscayne Bay, marking Miami’s first supertall tower and the tallest residential building south of New York City. This also marks the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Miami and South Florida market.

After coming to market in the spring of 2021, Waldorf Astoria Residences Miami has reached 87% sold, with over 50% domestic buyers, followed by significant activity from Latin American markets and other international markets. Remaining inventory primarily includes the Sky Collection within the eighth cube of the tower and penthouse residences within the ninth cube. The sales team, led by in-house firm PMG Residential, has leveraged its unrivaled knowledge of the Miami market and international expertise to complete over $1 billion in sales to date.

“The highly-anticipated groundbreaking of Waldorf Astoria Hotel & Residences Miami sets a new tone and new standard for development here in Miami. The market is thriving and projects like this are coming to life to meet the demand from our luxury audience,” said Ryan Shear, Managing Partner of PMG. “Working with our partners and the Hilton team behind Waldorf Astoria has been incredibly rewarding, and we look forward to continuing our upward momentum.”

The architecturally awe-inspiring Waldorf Astoria Hotel & Residences Miami will feature nine spiraling, offset glass cubes designed to be evenly stacked and wrapped in what can be referred to as a “glass skin,” distinguishing the property’s architecture from anything else on the East Coast. The tower’s concept design is led by Sieger Suarez Architects, in collaboration with renowned architect Carlos Ott, who worked in tandem to create an iconic structure in Downtown Miami offering 360-degree views of Downtown Miami, Miami Beach and the Atlantic Ocean. The developers also partnered with award-winning interior design firm BAMO, which prides itself on creating captivating environments that flow, function and make people feel welcome, at ease and inspired to live and dream more fully.

“The groundbreaking of the Waldorf Astoria Hotel & Residences Miami is a very exciting milestone in this landmark project,” Sasha Cucuz, CEO Greybrook Securities Inc. “The success that has been achieved thus far is a testament to the caliber of our partners and the teams working on this development. We look forward to seeing this incredible building come to life and to be bringing the Waldorf Astoria to Miami.”

Known as the pioneer of elegant service and timeless luxury dating back to 1931, Waldorf Astoria’s arrival in Miami and commitment to building one of the world's most extraordinary landmarks is evidence of the city's continued growth amongst some of the world's most elite cities. Waldorf Astoria is known for providing unforgettable experiences in landmark destinations across the world, a tradition that strongly resonates with PMG’s core principles of creating innovative ways to offer a unique luxury living and lifestyle experience.

“Welcoming the Waldorf Astoria brand to the Miami market for the first time in our growing pipeline is an incredible milestone for us. The city has set the precedent for elevated experiences and rich culture, continuing to attract diverse and discerning travelers from around the world,” Dino Michael, Senior Vice President and Global Head, Luxury Brands, Hilton. “Residents and guests of the property are poised for an incredible one-of-a-kind experience, knowing that Miami is synonymous with luxury.”

Waldorf Astoria Hotel & Residences Miami will consist of 360 private residences, in addition to 205 guestrooms and suites within the luxury hotel, which will be located in the first three cubes of the tower along with the hotel’s signature spaces and private amenities. Hotel guests and residents will have access to the Waldorf Astoria brand’s world-famous Peacock Alley; a specialty restaurant; indoor/outdoor pre-function and function event spaces; meetings and boardrooms; a resort-style pool deck with private cabanas; and a holistic wellness spa and fitness center. Private residential amenities will include an owners-only lobby and lounge; hospitality suite for chef’s tastings and intimate soirees; billiard room; kid’s club; and elevated pool deck. The residences will also offer the latest smart-home technology with custom mobile app access to concierge service. The app will feature a full menu of available offerings, including dining reservations, 24/7 room service, spa and fitness treatments, house car reservations, access to valet service, package delivery and dog walking services. Waldorf Astoria Hotel & Residences Miami will be managed by Hilton Management Services, offering residents and guests alike a truly refined haven through the brand’s relentless commitment to personalized service and best-in-class experiences.

“The groundbreaking of Waldorf Astoria Hotel & Residences Miami signifies much more than the property’s vertical construction. As Miami’s first supertall tower and Waldorf Astoria’s first entry into the city, this achievement further designates Miami as a global destination and sets a new benchmark for luxury real estate paired with superior hospitality,” said Kevin Maloney, President and Chief Executive Officer at PMG. “We could not be more honored to continue transforming Miami’s skyline with the iconic Waldorf Astoria Hotel & Residences Miami alongside our partners and prominent industry leaders.”

With luxury residential developments nationwide, PMG delivers impeccable attention to detail throughout each of its projects. The developer is notable for meticulously designed condominium developments such as 111 West 57th Street, Walker Tower, Stella Tower, 111 Leroy in New York City, Echo Aventura, Muse Residences Sunny Isles, Echo Brickell and Mei in South Florida, as well as E11EVEN Hotel & Residences Miami and The Elser Hotel & Residences in Miami. Currently, PMG is developing more than five million square feet of new development that will deliver sophisticated design, high-end finishes and premium quality.

Fortune International Group and Blue Road Partnership Closes On Land For Next Residences For $16 Million

Fortune International Group, in partnership with Blue Road, has closed on a 1.74-acre site at 13899 Biscayne Boulevard for $16 million, paving the way for the future development of Nexo Residences. Nexo Residences is one of the first condo projects with short-term rental capability in the rapidly evolving city of North Miami Beach.

“The transaction is another positive step toward bringing Nexo Residences to fruition, following an extremely successful sales launch and approximately 50 percent of units reserved,” said Edgardo Defortuna, President and CEO of Fortune International Group. “We continue to see strong interest from buyers and investors who are witnessing North Miami Beach’s transformation and want to own a part of its growth as a thriving destination.”

Slated to convert reservations to contracts end of August, Nexo Residences presents 254 move-in-ready condominiums with full home-sharing capabilities, coupled with resort-style amenities. With exclusive sales and marketing by Fortune Development Sales, Nexo Residences’ units will be delivered fully furnished.

Priced from the low $500,000s, studios to four-bedroom townhomes range from about 525 to 2,190 interior square feet. Each homeowner has the choice to rent his/her residence for short-, seasonal or long-term durations without listing limitations, making it a coveted property type for investors, while enjoying the option to utilize it at their own discretion or for personal leisure.

“Understanding the consumer demand to be at the nexus of everything, the project unites activated amenity spaces with an ideal location that allows residents to take advantage of the experiential offerings on property and within the neighborhood,” added Jorge Savloff, CEO of Blue Road.

Blending the necessities of remote work life with inspiration from South Florida as a year-round vacation destination, Nexo Residences’ suite of amenities includes a three-story arrival lobby and lounge; a two-story tech hub with a café; coworking spaces; a business center; luxury pool deck outfitted with a resort-inspired pool with loungers; two fully equipped summer kitchens; and a rooftop observatory deck with 360-degree views. Entertainment offerings include an outdoor children’s playground; multi-purpose clubroom and private event area; and a fitness center with a yoga studio and virtual trainer. The property will also be pet friendly.

Nexo Residences is in proximity to a plethora of business and leisure offerings in Miami, Bal Harbour, Aventura, North Bay Village, Sunny Isles, Hollywood Beach, and beyond. The property is set along the main thoroughfare of Biscayne Boulevard, minutes from the Intracoastal, and is nearly equidistant to Miami International Airport and Fort Lauderdale-Hollywood International Airport. Owners and guests can easily shop at brands like Whole Foods and Target, or indulge in fine dining, shops, and entertainment at surrounding retail centers. The property is also near popular outdoor recreational areas and green spaces, like Oleta River State Park and Haulover Park.

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

PROFILE EXCLUSIVE: NEW RENDERINGS OF NEXO RESIDENCES IN NORTH MIAMI BEACH

Fortune International Group in partnership with Blue Road announced the sales launch for Nexo Residences in April and today have released new renderings and design details, exclusively on PROFILEmiami.

The property, featuring 254 residences, is one of the first condo projects with short-term rental capability in the rapidly growing city of North Miami Beach, adding to the area’s economic growth currently underway. Located at 13899 Biscayne Boulevard, it presents move-in-ready residences with full home-sharing capabilities without restrictions, coupled with resort-style amenities. Priced from the $400,000s, studios to four-bedroom townhomes range from about 525 to 2,190 interior square feet.

“We underwent an extensive design process, which included traveling to Italy to visit Il Salone Di Mobile which is the most important design fair to incorporate the most cutting-edge elements throughout the property. Both within the residences and shared amenity spaces, it is important that we deliver a project that speaks to both the buyer and user,” said Ana Christina DeFortuna, Executive Vice President of Fortune International Group. “In studying the audience for Nexo Residences, combined with its prime North Miami Beach location, it was necessary to consider a tech-forward destination that incorporates sustainability with contemporary materials, while making social gathering spaces the highlight of the property.”

The project is designed by Frankel Benayoun Architects Inc, with consultation from internationally-renowned architect Carlos Ott. Its common areas, residence interiors, and landscaping are curated by Urban Robot, the local, full-service design collective behind some of the city’s leading hotels and retail concepts, including W Hotel South Beach, the Gucci Flagship in Miami’s Design District, and Oasis Wynwood. The amenity program was purposefully designed to activate spaces that inspire connectivity within the community.

A rooftop observatory deck will be perfect for scenic experiences, enjoying the expansive open vistas of the neighborhood treetops and water views. The space will be regularly activated as a central area for socializing, complete with a fire pit, dining and cooking area and a refuge for stargazing.

The architectural centerpiece for Nexo Residences is the two-story tech hub with a café, coworking spaces, and a business center. It was designed as a grand focal point when you approach the property from the main thoroughfare of Biscayne Boulevard. The multi-story space will span more than 2,600 square feet and feature large floor-to-ceiling windows that will welcome natural light throughout.

Blending the necessities of remote work life with inspiration from South Florida as a year-round vacation destination, Nexo Residences’ suite of amenities includes a two-story arrival lobby and lounge, which will be an impressive visual experience upon entry to the building. The property’s contemporary design extends onto an outdoor children’s playground. Catering to the modern family, it is a kid’s haven of fitness and activity surrounded by striking architecture and lush greenery. Health enthusiasts can relish the indoor/outdoor fitness center with a yoga studio and virtual trainer and a luxury pool deck complete with resort-inspired pool and two spa pools with loungers.

Fortune International Group And Blue Road Launch Nexo Residences, North Miami Beach Condo Allowing Short Term Rentals

Fortune International Group, one of South Florida’s preeminent residential real estate development, sales and marketing leaders for nearly 40 years, in partnership with Blue Road, a Florida-based integrated developer of hospitality, residential, commercial, and mixed-use projects, has announced the sales launch for Nexo Residences. The newest condominium development in North Miami Beach introduces short-term rental capability with full flexibility and central connectivity.

The property, featuring 254 residences, is one of the first condo projects with short-term rental capability in the rapidly growing city of North Miami Beach, adding to the area’s economic growth currently underway. Located at 13899 Biscayne Boulevard, it presents move-in-ready residences with full home-sharing capabilities without restrictions, coupled with resort-style amenities.

Nexo Residences’ units will be delivered turnkey and are priced from the $400,000s, studios to four-bedroom townhomes range from about 525 to 2,190 interior square feet. Each homeowner has the choice to rent his/her residence for short-, seasonal or long-term durations without listing limitations, making it a coveted property type for investors, while enjoying the option to utilize it at their own discretion or for personal leisure. Sales and marketing are exclusively overseen by Fortune Development Sales.

“Nexo Residences will serve as the premier short-term rental offering in North Miami Beach, an area that has been underserved in hotel and rental product; most projects of this kind concentrate in Downtown Miami and Brickell,” said Edgardo Defortuna, president and CEO of Fortune International Group. “This booming submarket continues to draw residents and visitors for its nearby office parks, universities, shops, and dining. We envisioned the project as a complement to its surroundings, while activating the property with thoughtful features and technology that speak to the future of real estate.”

“Understanding the consumer demand to be at the nexus of everything, we chose a location that allows residents to take advantage of all the experiential offerings in the neighborhood, with the added benefit and comfort of hotel amenities and services,” added Jorge Savloff, CEO of Blue Road.

Each turnkey residence is fully finished with floor-to-ceiling windows, porcelain flooring, built-in bedroom closets, dedicated lockable owners’ closets, and expansive balconies with glass railing. European-style kitchens are outfitted with quartz countertops and matte black fixtures for a modern look.

Enhanced digital features, such as smart key access, a self-service package system, and Wi-Fi throughout the common areas, provide ease for owners and guests. Additional tech-driven management systems to further elevate the transient experience will also be introduced in the future.

Blending the necessities of remote work life with inspiration from South Florida as a year-round vacation destination, Nexo Residences’ suite of amenities includes a two-story arrival lobby and lounge, which will be an impressive visual experience upon entry to the building. A two-story tech hub with a café, coworking spaces, and a business center make work a breeze, while entertainment offerings include an outdoor children’s playground, multi-purpose clubroom and private event area.

Health enthusiasts can relish the indoor/outdoor fitness center with a yoga studio and virtual trainer. To enjoy Miami’s sunshine, visit the luxury pool deck complete with a resort-inspired pool and two spa pools with loungers, or meet friends in the summer kitchen, followed by stargazing on the rooftop observatory deck. Additionally, residents can rest assured that their four-legged friends are welcome in the pet-friendly building.

The project is designed by Frankel Benayoun Architects Inc, with consultation from internationally-renowned architect Carlos Ott. Its common areas, residence interiors, and landscaping are curated by Urban Robot, the local, full-service design collective behind some of the city’s leading hotels and retail concepts, including W Hotel South Beach, the Gucci Flagship in Miami’s Design District, and Oasis Wynwood.

Nexo Residences is in proximity to a plethora of business and leisure offerings in Miami, Bal Harbour, Aventura, North Bay Village, Sunny Isles, Hollywood Beach, and beyond. The property is ideally set along the main thoroughfare of Biscayne Boulevard, minutes from the Intracoastal, and is nearly equidistant to both Miami International Airport and Fort Lauderdale-Hollywood International Airport. Nexo Residences is also nearby Bal Harbour Shops and Aventura Mall, which recently underwent a multi-million-dollar expansion, and popular outdoor recreational areas and green spaces, like Oleta River State Park and Haulover Park.

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