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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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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PMG, Lion Development Group and LNDMRK Development Break Ground on One West Twelve Residences in Downtown Miami

National developer PMG, Lion Development Group, and LNDMRK Development have broken ground on One West Twelve Residences (ONE W12), a luxurious residential building in the heart of Historic Overtown, which officially commenced on October 1. The property features 372 bespoke residences boasting captivating views of both Miami’s iconic skyline and vibrant sunset vistas. Residents will have access to a dynamic lifestyle with centralized proximity to one of Downtown Miami’s fastest-growing neighborhoods. ONE W12 will additionally evoke iconic Miami glamour through a curated selection of engaging amenities and entertainment-oriented experiences for residents and the surrounding community. PMG Residential is leading sales for the project, which is currently 97% sold, and John Moriarity & Associates is the general contractor. Completion of ONE W12 is slated for 2028.

“This neighborhood has experienced tremendous growth and transformation over the past decade, and as a local business owner, it’s been a privilege to witness and to contribute to that with meaningful projects like ONE W12,” said Michael Simkins, CEO of Lion Development Group. “I couldn’t be prouder of the work that we are doing alongside our partners, PMG and LNDMRK. We are excited to celebrate this milestone and look forward to the many more ahead as we bring our vision to life.”

Notably, ONE W12 will be home to Vibe BBQ, an inviting quick-serve restaurant from acclaimed chef and eight-time James Beard Foundation award winner Marcus Samuelsson. Samuelsson’s restaurant Red Rooster Overtown further solidified the neighborhood as a top dining destination in South Florida while the concept has become a favorite among Miamians. The Vibe BBQ concept at ONE W12 will feature elements of ‘Miami flair’ in the form of an expanded lounge area and cocktail offerings. True to its core, Vibe BBQ will embody an all-day celebration of American comfort classics.

Designed by CUBE 3, ONE W12 will offer amenities focused on promoting a vivid, experiential lifestyle for residents and the local community. These amenities include an elegant lobby inspired by the glamour and playful spirit of the storied locale, an atmospheric rooftop garden and pool with lounge areas, a state-of-the-art fitness center, curated art installations throughout the property, the latest smart-building technology, and house cruiser bikes with storage.

“One West Twelve Residences underscores our continued commitment to creating engaging, community-focused developments that elevate and redefine the residential experience for years to come,” said Ryan Shear, Managing Partner at PMG. “This project is a fresh and design-forward concept that we are confident will complement Downtown Miami’s lively atmosphere with the historic charm of the area. We look forward to this next chapter of the development and its contribution to the evolution of modern Miami living.”

ONE W12 offers fully furnished and finished studio and one-bedroom residences, along with a limited collection of one-, two-, and three-bedroom townhomes. Short-term rental flexibility will allow residents the option to customize and optimize their living experience to fit their lifestyle.

“ONE W12 has been incredibly well received by the community, which is a testament to how it answers the demand for quality, highly activated luxury developments to meet the ongoing evolution of the neighborhood,” said Alex Karakhanian, Principal of LNDMRK Development. “We’re excited to officially break ground and be one step closer to delivering on that promise.”

Stand-out residence features include fully-integrated kitchens with custom countertops, backsplashes, and a contemporary under-mount sink, fully built-out closets bedrooms, custom shades, a Miele appliance package, imported and custom kitchen and bathroom cabinetry by Italkraft, custom bathroom countertops and finished floors and walls in wet areas, modern bathroom fixtures, features, and accessories, a contemporary lighting package, and a built in top-of-the-line washer and dryer.

The property's centralized location gives its residents the best of both worlds, culture and entertainment through its proximity to the area known as the historic Overtown, Park West, and Miami's Arts and Entertainment District. Connectivity between South Florida’s largest metros is also made easy thanks to the property’s location nearby the MiamiCentral Station, a home base for South Florida’s rail systems including Brightline.

Renderings via ARX Creative

For more information about ONE W12 Residences or to inquire about purchasing a unit please fill out the form below:

PMG, Lion Development and LNDMRK Development Reveal One West Twelve Residences in Overtown

PMG, Lion Development Group, and LNDMRK Development have revealed One West Twelve Residences (ONE W12) in the heart of Historic Overtown, featuring 372 bespoke residences with captivating views of both Miami’s iconic skyline and vibrant sunset vistas. The property has sold over 50% of its residences in just one month and will offer a dynamic lifestyle with centralized proximity to Downtown Miami’s fastest-growing neighborhoods. ONE W12 will evoke iconic Miami glamour through a curated selection of engaging amenities and entertainment-oriented experiences for residents and the surrounding community. PMG Residential is exclusively leading sales with residences priced from $300,000.

“As a Miami native as well as a property and business owner in Overtown for over 12 years, we are thrilled to work with existing stakeholders in the community on One West Twelve Residences,” said Michael Simkins, CEO of Lion Development Group. “Working once more with esteemed partners like PMG and LNDMRK, we are committed to celebrating the history of this amazing neighborhood and creating a living experience that embodies the perfect blend of iconic Miami charm and modern living. This collaboration allows us to deliver a lively and playful lifestyle enriched by exceptional amenities and unparalleled access to Miami’s most exciting neighborhoods. Our shared vision and dedication to creating a dynamic community are evident in every detail of One West Twelve Residences, and we can’t wait to see this project come to life.”

Notably, ONE W12 will be home to Vibe BBQ, an inviting quick-serve restaurant from acclaimed chef and eight-time James Beard Foundation award winner Marcus Samuelsson. Samuelsson’s restaurant Red Rooster Overtown further solidified the neighborhood as a top dining destination in South Florida while the concept has become a favorite among Miamians. The Vibe BBQ concept at ONE W12 will feature elements of ‘Miami flair’ in the form of an expanded lounge area and cocktail offerings. True to its core, Vibe BBQ will embody an all-day celebration of American comfort classics.

Designed by CUBE 3, ONE W12 will offer amenities focused on promoting a vivid, experiential lifestyle for residents and the local community. These amenities include an elegant lobby inspired by the glamor and playful spirit of the storied locale, an atmospheric rooftop garden and pool with lounge areas, a state-of-the-art fitness center, curated art installations throughout the property, the latest smart-building technology, and house cruiser bikes with storage.

“PMG is excited to partner with both Lion Development Group and LNDMRK to execute this one-of-a-kind development,” said Ryan Shear, Managing Partner at PMG. “Launching ONE W12 Residences is a thrilling milestone for us. We are introducing a living experience that marries the iconic glamour of Miami with modern sophistication. Every detail, from the elegant lobby to the atmospheric rooftop garden, has been thoughtfully designed to offer a dynamic lifestyle. Situated in the heart of Miami's most lively neighborhoods, ONE W12 provides residents with unparalleled access to the best the city has to offer. This is not just a place to live—it's a journey into a lifestyle infused with spirited charm and contemporary elegance."

ONE W12 offers fully furnished and finished studio and one-bedroom residences, along with a limited collection of one-, two-, and three-bedroom townhomes. Short-term rental flexibility will allow residents the option to customize and optimize their living experience to fit their lifestyle.

“With Miami’s continued evolution in mind, we wanted to create a project that brings the historic charm of this neighborhood to today's residents. ONE W12 is a transformative project that will strive to do this across every aspect of its design, pairing Miami’s vibrancy with a stylish, all-encompassing living experience,” says Alex Karakhanian, Principal of LNDMRK Development. “Partnering with PMG and Lion Development Group was an obvious choice to bring this project to life because of their continued commitment to thoughtful placemaking and vision for Miami's future.”

Stand-out residence features include fully-integrated kitchens with custom countertops, backsplashes, and a contemporary under-mount sink, fully built-out closets bedrooms, custom shades, a Miele appliance package, imported and custom kitchen and bathroom cabinetry by Italkraft, custom bathroom countertops and finished floors and walls in wet areas, modern bathroom fixtures, features, and accessories, a contemporary lighting package, and a built in top-of-the-line washer and dryer.

The property's centralized location gives its residents the best of both worlds, culture and entertainment through its proximity to the area known as the historical Overtown, District 11, the newly approved Under Deck Park and Miami's Arts and Entertainment District. Connectivity between South Florida’s largest metros is also made easy thanks to the property’s location nearby the MiamiCentral Station, a home base for South Florida’s rail systems including Brightline.

Renderings via ARX Creative

For more information about One West Twelve Residences or to inquire about purchasing a unit please fill out the form below:

Aztec Group Delivers $102 Million In Construction Financing For 352 Unit RIVR Lofts In Fort Lauderdale

Aztec Group, Florida’s leading real estate investment and merchant banking firm for over 40 years, announces that Peter Mekras has arranged $102,000,000 in construction financing for RIVR (River) Lofts in Ft. Lauderdale, Florida.

RIVR Lofts features a desirable location in Fort Lauderdale’s Central Business District in the emerging Tarpon River Entertainment & Design District (TREDD) south of New River. RIVR Lofts is a to-be-built mixed-use, luxury, high-rise rental apartment community with 352 residential units. The project will span across 29 stories and feature a rooftop pool and amenities, 2,700 square feet of ground floor retail, onsite parking, and a resident lounge and bar on the ground floor. The Property is ideally located at the corner of SW 5th Street and SW 3rd Avenue within walking distance to Publix, Wells Coffee, and Tarpon River Brewing.

RIVR Lofts development team is led by Doron Broman of Moderno Development Group. Broman assembled the 1-acre site in 2018 and obtained entitlements for RIVR Lofts in 2021. Moderno engaged Aztec Group on an exclusive basis to structure a venture and source construction financing for the project. Moderno is no stranger to the market as it has assembled and repositioned several development properties in the area and continue to control several acres of land in the area for future vertical development. The construction loan was sourced from Square Mile Capital. The RIVR Lofts project team includes Moss Construction and Robert Mathias of NCC Development. The project is designed by Cube 3 Architecture.

“RIVR Lofts will serve as the residential heartbeat of TREDD and this funding continues our efforts to bring vertical development to the area,” says Doron Broman, Manager Partner of Moderno Development. “Moderno Development is at the center of Tarpon River’s revitalization. We started by converting industrial buildings to retail and now we are laying the foundation for a true residential experience with the construction of RIVR Lofts.”

“Sourcing a construction loan for a high-rise is never a simple task. Closing a loan of this magnitude in the current market environment is a testament to the merit of RIVR Lofts and the sponsorship, the lender, and our investment banking process” said Aztec Group’s Peter Mekras.

MV Real Estate Holdings and Driftwood Capital Announce JV On $185 Million Riverside Wharf Featuring Dream Hotel On Miami River

Miami Developer Alex Mantecon of MV Real Estate Holdings (MVREH), in conjunction with Driftwood Capital, one of the country’s leading hospitality sponsors, has revealed plans for the Riverside Wharf, a hospitality-driven entertainment complex situated along the historic Miami River that will push the limits of what is known today as hospitality in Miami. The 200,000-square-foot, two-tower development will offer a fully immersive Miami experience anchored by the highly amenitized 165-key Dream Miami luxury hotel. The complex will feature the rebirth and expansion of The Wharf Miami, 16,000 square feet of signature restaurants, a 12,000-square-foot event hall, a world-class 30,000-square-foot nightclub and rooftop dayclub, and a private deep water marina capable of accommodating megayachts.

“Riverside Wharf will be a destination for entertainment unlike any Miami has seen, bringing together world-class entertainment and hospitality offerings to a unique waterfront destination with direct Intracoastal access to the ocean,” said Mantecon. “We are excited to finally bring to fruition the dream and vision Miami has had for its riverfront entertainment district which until now has historically sat vacant and underutilized.”

Added Carlos Rodriguez Jr., COO of Driftwood Capital, “As Miami continues to attract new capital, new world-class tech and financial firms, and new talent from other parts of the country, the demand for one-of-a-kind destinations combining elements of luxury, nature, outdoor adventure and unique dining experiences is poised to escalate rapidly. We’re pleased to be able to contribute several decades of hospitality development and operational expertise to this truly unique development which will enhance Miami’s skyline and elevate the entire Miami River District.”

“Miami is a top international destination for world-class hospitality and entertainment, and continues to set the bar with exciting new experiences for travelers unlike anything else in the world,” said Mayor of Miami Francis Suarez. “Dream Miami at Riverside Wharf will be an unparalleled development in the heart of Miami for visitors and locals alike, and I couldn't be more excited to see it launch."

At 10 stories, the $185 million mixed-use development will rise on the current site of The Wharf Miami and the abutting vacant parcel. The 1.5-acre assemblage is the culmination of the vision established in the City of Miami’s 2016 voter referendum approval, obtained by MVREH, for the development of food and beverage establishments along the waterfront. The roughly 600 linear feet of water frontage will provide for the continuity of the publicly accessible Riverwalk, seamlessly connecting Riverside Wharf between Downtown Miami and Brickell. Riverside Wharf will take on the benefits of MVREH and Driftwood Capital’s best-in-class partners, including Dream Hotel Group’s growing success in highly amenitized luxury food and beverage oriented hotel properties, and Breakwater Hospitality Group’s ongoing success of high-volume entertainment venues.

“There is a natural synergy between Dream Hotel Group and the city of Miami,” said Dream Hotel Group CEO Jay Stein. “Our leading lifestyle brand Dream Hotels continues to expand quickly, just like Miami, offering international hospitality, vibrant entertainment and one-of-a-kind experiences sought by local residents, as well as business travelers and pleasure seekers from across the globe. We are thrilled to take part in this extraordinary project and can’t wait to open our doors in 2025.”

Riverside Wharf will transform the storied Miami River district while paying homage to the historic fishing culture of the neighborhood by celebrating the area’s beloved Garcia’s Fish Market with a pop-up seafood market on the grounds, where locals can get the freshest catch daily.

The development is slated to break ground in 2022 and be completed by 2025. It is designed by Jon Cardello of Cube3 architects with landscape design by Savino-Miller Design Studio.

Sumaida + Khurana and Bizzi & Partners Announce Alberto Campo Baeza-Designed Office Building In South beach

Two internationally recognized real estate development firms – Sumaida + Khurana and Bizzi & Partners - have announced a new joint venture to develop best-in-class buildings across the United States. Their first project is an office building located in South Beach and designed by renowned Spanish master architect Alberto Campo Baeza. The developers’ objective is to deliver a Class A+ building that sets a new benchmark for architecture and quality in the office market. Perfectly situated at the entrance to Miami Beach from the MacArthur Causeway, it will be Baeza’s first building in Miami, as well as his first commercial building in the United States. Sumaida + Khurana is led by Saif Sumaida and Amit Khurana. Bizzi & Partners is headed by CEO Davide Bizzi and Managing Director Alessandro Pallaoro.

Bizzi & Partners and Sumaida + Khurana are individually known the world over for developing some of the most significant real estate projects in the world, collaborating with critically acclaimed designers. Bizzi & Partners, which has offices in New York, Milan, São Paulo, and Tallinn, worked with Pritzker Prize winning architect Renzo Piano to design both 565 Broome SoHo in Manhattan and Eighty Seven Park in Miami. The firm also developed the Langham Hotel in New York, designed by Charles Gwathmey. The firms recently decided to collaborate and will develop a wide range of luxury residential and commercial buildings across America through the new partnership. New York-based Sumaida + Khurana collaborated with Pritzker Prize winning architect, Tadao Ando to design 152 Elizabeth Street, as well as Pritzker Laureate, Alvaro Siza for 611 West 56th Street.

While the firms have generally focused on luxury residential development, the new partnership is also focused on elevating the quality level of office development by delivering the architectural pedigree, custom quality finishes, bespoke amenities and services delivered at their residential projects.

“We are happy to be entering into this new joint venture and are excited by the opportunity to be collaborating with Alberto Campo Baeza. His work speaks to both firms’ shared set of beliefs to create timeless buildings that are contextually appropriate and that thoughtfully consider the historic architecture of neighborhoods like South Beach,” said Davide Bizzi, Chief Executive Officer, Bizzi & Partners.

“We have a great deal of respect for one another’s projects and approach to development. We share in the vision to create seminal buildings that add significant value to the built environment. Alberto Campo Baeza’s buildings are known for their purity of design and subtle detailing. Similar to the other projects that our firms have developed, Campo Baeza’s design will provide the opportunity to deliver a building of exquisite craftsmanship and quality,” said Amit Khurana, Founding Partner, Sumaida + Khurana.

In the coming months, Sumaida + Khurana and Bizzi & Partners plan to release more details about the Baeza building, which is expected to start construction next summer. Project executive architect is the award-winning firm, Cube 3. World renowned architecture firm, Gabellini Sheppard is designing interiors. Miami-based Urban Robot Associates is the project’s landscape architect.

The building will be made of white concrete, glass, and marble. Many of its features including high ceilings, open and flexible floorplans, expansive private outdoor terraces for all offices, floor-to-ceiling windows, a fitness center, multiple F & B venues, and a large atrium that opens up all of the offices to a dramatic experience of light, air, and outdoor space for tenants, and a private rooftop with expansive water views.

Based in Spain, Baeza has been widely recognized for his work including winning his country’s National Prize for Architecture in 2021. He has designed the Houses Turégano and de Blas, both in Madrid, the Gaspar House, Asencio House in Cádiz, Rufo House in Toledo and Moliner House in Zaragoza. He has also designed the BIT Center in Inca-Mallorca, the public space Between Cathedrals, in Cádiz, the Caja de Granada Savings Bank and the Museum of Memory of Andalucía, both in Granada. In 2020, he won the competition for the new bridge over the Piave River in Belluno, Venice.

Bizzi & Partners and Sumaida + Khurana are currently in the process of finalizing details on additional developments they plan to announce in the near future.