Inside the 4th Annual PROFILE State of the Market 2026 Presented by Tower Capital Partners at Artefacto Coral Gables
On Tuesday, May 12, 2026, PROFILEmiami hosted the 4th Annual PROFILE State of the Market 2026 presented by Tower Capital Partners at the luxurious Artefacto flagship showroom in Coral Gables, bringing together more than 200 of South Florida’s leading developers, brokers, investors, financiers, architects, designers, and real estate professionals for an evening of high-level market insight, bespoke networking, and real estate showcase activations.
Panelists and hosts at the 2026 PROFILE State of the Market event at Artefacto Coral Gables.
On Tuesday, May 12, 2026, PROFILEmiami hosted the 4th Annual PROFILE State of the Market 2026 presented by Tower Capital Partners at the luxurious Artefacto flagship showroom in Coral Gables, bringing together more than 200 of South Florida’s leading developers, brokers, investors, financiers, architects, designers, and real estate professionals for an evening of high-level market insight, bespoke networking, and real estate showcase activations. Topics that emerged were that 2026 is the “Year of the End User”, and themes of “Pricing & Provenance” with “long term livability”.
The Showcase highlighted PROFILEmiami’s continued focus on streamlining discovery and connection across South Florida’s pre-construction market. Throughout the evening, Blackline presented live demonstrations of its real estate development sales software platform, while luxury developments including Ponce Park Coral Gables, Parkline Brickell, and The Mansions at Fisher Island showcased their projects to many of South Florida’s top real estate brokers and industry professionals. In the weeks following the event, the showcased developments collectively went on to close more than $100 million in sales, reinforcing the power of curated broker engagement and in-person relationship building in today’s market.
Moderated by T.J. Sabo, Founder & CEO of SABO+, the panel featured Spencer Morris, President of The Allen Morris Company; Jay Phillip Parker, CEO of Brokerage, Florida Region and President of Douglas Elliman Development Marketing, Florida; David-Emmanuel Cohen, CEO of Madar Group USA and developer of The Mansions on Fisher Island; John Parsiani, VP of Sales at Aria Reserve and founder of Parsiani Real Estate; and Fernando de Núñez y Lugones, CEO of Vertical Developments. Together, the conversation explored some of the most important forces shaping South Florida real estate in 2026 — from luxury pricing and consumer psychology to product evolution, end-user demand, hospitality-driven living and long-term market positioning.
The panel concluded with a pro-real estate development word from Emmy Award Winning Former CBS4 Miami Anchor Elliot Rodriguez who is currently campaigning for the House of Representatives for the 27th Congressional District of Florida in the 2026 Mid-Term Elections.
As Miami continues evolving into one of the world’s premier luxury real estate destinations, conversations like those at the 4th Annual PROFILE State of the Market 2026 continue helping define how developers, brokers, architects, financiers and sales teams adapt to a more sophisticated, globally minded buyer increasingly focused on quality, customization, hospitality, and long-term value. Through elevated events like PROFILEconnect, PROFILEmiami continues reinforcing its role at the center of South Florida’s real estate conversation — delivering insight, access and meaningful connection at the highest level.
Panels:
One of the evening’s most discussed themes centered around “Pricing & Provenance” and “long term livability” in Miami’s rapidly maturing ultra-luxury condominium market. David-Emmanuel Cohen discussed how Miami’s top-tier residential market is now achieving pricing levels exceeding $5,000 to $6,000+ per square foot, positioning the city alongside ultra-prime global destinations such as Monaco and St. Barth. Spencer Morris expanded on the growing importance of provenance, craftsmanship and material authenticity in luxury development, sharing how The Allen Morris Company traveled to Carrara, Italy to personally source marble for its projects in an effort to create more enduring, deeply intentional residences. Jay Phillip Parker echoed the importance of quality and execution, emphasizing that today’s luxury buyers are increasingly prioritizing authenticity, lasting value, and buildings designed for long-term ownership rather than short-term speculation.
The panel also explored the continued evolution of the luxury buyer. Spencer Morris described 2026 as “the year of the end user,” explaining how premium, highly customized residences increasingly dominate demand as buyers seek homes designed for long-term living, personalization and permanence. The discussion highlighted how many affluent purchasers are combining units to create larger, more bespoke living environments that better reflect lifestyle needs, privacy expectations and family use patterns.
Further conversation explored how evolving consumer expectations are creating entirely new categories of luxury living and hospitality-driven real estate experiences. Jay Phillip Parker discussed the growing opportunity within branded hospitality-driven multifamily developments and luxury assisted living, explaining how consumers are increasingly willing to pay premiums for hospitality-caliber services, wellness offerings and elevated programming traditionally associated with luxury hotels and branded residences. He also noted the long-term opportunity for world-class healthcare providers and hospitality operators to collaborate in creating a new standard for luxury wellness-focused senior living.
Panelists also discussed the evolving divide between large-scale amenitized towers and smaller boutique luxury developments. John Parsiani explained how many buyers continue gravitating toward larger towers for their expansive amenity packages, resort-style experiences and “lock-and-leave” convenience, particularly among seasonal and international residents. Fernando de Núñez y Lugones then highlighted how, at the highest end of the market, many true end users increasingly prioritize privacy, exclusivity and intimacy — driving demand for smaller boutique buildings — while investors often remain more attracted to larger-scale developments offering operational efficiencies and expansive amenity ecosystems.
Showcase & Networking:
Sponsors:
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Allen Morris Company Breaks Ground on Transformative Mixed-Use Development Ziggurat Coconut Grove
The Allen Morris Co., one of the most renowned real estate firms in the Southeast U.S., has officially broken ground on Ziggurat, its highly anticipated mixed-use development in the heart of Coconut Grove.
The Allen Morris Co., one of the most renowned real estate firms in the Southeast U.S., has officially broken ground on Ziggurat, its highly anticipated mixed-use development in the heart of Coconut Grove. Located at 3101 Grand Ave., Ziggurat is a bespoke sanctuary for the community to live, work and gather, introducing world-class office, residential and retail offerings while honoring the neighborhood’s character, walkability and natural beauty.
The milestone was celebrated with a lively block party at the Ziggurat Sales Gallery, where project partners, top brokers and community members gathered for an evening that reflected the spirit of the neighborhood. Guests enjoyed live music alongside curated wine offerings, Italian specialties by Stanzione, charcuterie by Chèvre and jamón ibérico by Cinco Jotas.
Developed in partnership with the Espinosa family, Ziggurat is supported by a $138.5 million construction loan from BDT & MSD Partners and BHI. Completion is anticipated in early 2028.
W.A. Spencer Morris, President of The Allen Morris Co., Daniel de la Vega, President of ONE Sotheby’s International Realty, and Ziggurat sales team Justin Neyra and Sean Presti addressed attendees, highlighting the long-term vision, collaboration and commitment behind the project, which is already 65% sold.
“Breaking ground at Ziggurat marks an important moment not just for our company, but for Coconut Grove,” said W.A. Spencer Morris. “This project reflects a long-term vision to deliver a thoughtfully designed, mixed-use destination that enhances the neighborhood while setting a new standard for quality and integration.”
Ziggurat will comprise two architecturally distinct buildings: a five-story, 100,000-square-foot trophy office tower and a three-story residential building featuring 18 ultra-luxury condominium residences above approximately 45,000 square feet of ground-floor retail.
Designed by Oppenheim Architecture with interiors by Collarte Interiors, the development blends natural stone, lush landscaping and modern architecture to create an open, pedestrian-oriented environment. Open-air paseos will lead to a central courtyard activated by bistros, boutiques and wellness offerings, while the office tower’s rooftop will feature a restaurant and lounge by a local Michelin-starred chef with views of Biscayne Bay.
“Ziggurat stands apart in the market for its emphasis on experience and authenticity,” said Daniel de la Vega. “From the residences to its one-of-a-kind sales gallery, the project reflects the character of Coconut Grove while delivering the design and placemaking today’s buyers seek.”
The residential component, exclusively represented by ONE Sotheby’s International Realty, will offer residences ranging from approximately 1,254 to over 5,000 square feet, priced from $3.5 million to $15 million. Homes will overlook the soon-to-be revitalized Kirk Munroe Park, which is slated for an $8 million renovation through a partnership between The Allen Morris Co. and the City of Miami.
For additional information on any facet related to the development, contact info@zigguratcoconutgrove.com or ONE Sotheby’s International Realty at 786-926-5051.
PROFILE Development Directory Project and Developer Pages:
Past PROFILE Articles about Ziggurat Coconut Grove:
Images via Allen Morris Company
For more information about Ziggurat Coconut Grove or to inquire about purchasing a unit please fill out the form below:
Inside The 2nd Annual PROFILEmiami Spec Home & Ultra Luxury Real Estate Summit 2025
The 2nd Annual PROFILEmiami Spec Home & Ultra-Luxury Real Estate Summit, held last week at the state-of-the-art Lighting Loft in Midtown Miami in partnership with LUC Electric and Tidelli, was a resounding success—bringing together more than 150 of South Florida’s most influential developers, financiers, brokers, architects, designers, and luxury service providers for an evening defined by insight, connection, and elevated dialogue.
The 2nd Annual PROFILEmiami Spec Home & Ultra-Luxury Real Estate Summit, held last week at the state-of-the-art Lighting Loft in Midtown Miami in partnership with LUC Electric and Tidelli, was a resounding success—bringing together more than 150 of South Florida’s most influential developers, financiers, brokers, architects, designers, and luxury service providers for an evening defined by insight, connection, and elevated dialogue.
Guests consistently praised the exceptionally high caliber of attendees, noting the Summit’s unique ability to foster meaningful, long-term business relationships across every facet of the ultra-luxury and spec home ecosystem. With representation spanning Miami, Fort Lauderdale, and Palm Beach, the event reinforced PROFILEmiami’s position as a leading platform for convening the decision-makers shaping South Florida’s most prestigious residential market.
The evening featured two powerhouse panels that explored both the creative and commercial forces driving today’s ultra-luxury homes. The Design & Development Panel placed a strong emphasis on wellness-driven living, advanced smart home technology, and privacy-focused design, underscoring how health, performance, security, and discretion have become non-negotiable pillars of high-end residential demand. Panelists discussed everything from clean-air and wellness systems to lighting, automation, and security solutions that enhance both lifestyle and long-term value.
The State of the Market Panel delivered a forward-looking perspective on the region’s luxury real estate landscape, with speakers expressing clear optimism in the continued growth and resilience of South Florida’s market. Panelists cited sustained buyer demand, demographic and wealth migration trends, and the region’s expanding global appeal as key drivers supporting the ongoing strength of the spec home and ultra-luxury sector.
Insights were shared by some of the industry’s most respected voices, including top-producing brokers Jordan Karp of JK Real Estate and Lourdes Alatriste of Douglas Elliman—both ranked among Miami’s Top 20 producers by sales volume in 2025—alongside architect Ralph Choeff of Choeff Levy Fischman; spec home financier Zack Simkins of Vaster Capital; developers Pascal Nicolai of Sabal Development, Jose Boschetti Jr. of Boschetti Group, and Kirk Ivy of IVEY Punch / IVEY Design Build; developer and interior designer Kathy Samaan of Samaan Design Group; and smart home leader Ross Samanchuk of LUC Electric. Together, the panelists offered candid insights into pricing dynamics, development strategy, design evolution, and what defines success at the highest end of the market.
Complementing the panels, the Ultra-Luxury Real Estate Showcase brought together the top brands and service providers powering South Florida’s most exceptional homes, allowing attendees to experience firsthand the craftsmanship, innovation, and technology behind today’s premier residential projects. The evening featured PROFILEmiami’s signature cocktail networking soirée powered by Cala Bennati wine, creating an environment intentionally designed for high-level, bespoke networking. The event was followed by a private VIP Dinner for the panelists hosted at the Tidelli Outdoor Living Miami furniture showroom by Tidelli Miami and LUC Electric.
The 2nd Annual Summit builds on PROFILEmiami’s legacy of hosting industry-leading real estate events that combine education, insight, and curated connection. As South Florida’s ultra-luxury market continues to evolve, the Spec Home & Ultra-Luxury Real Estate Summit remains a defining forum for the leaders shaping the region’s most remarkable homes—celebrating the artistry, ambition, and collaboration that drive the market forward.
Please check out our sponsors LUC Electric for smart home and lighting design, Tidelli Outdoor Living furniture, Vaster Capital mortgages and lending, Ero Lighting lighting design, Samaan Design Group interior design, IVY Punch for buyer inspection and punch list expertise, The Lighting Loft lighting showroom, Modern Stones marble and stone, CPS Outdoors pool systems and Cala Bennati Wines.
VIP Dinner at Tidelli Miami
For more information about upcoming PROFILEmiami Events please check out our events page here or fill out the form below:
Constellation Group and The Boschetti Group Officially Open Cora Merrick Park Sales Gallery in Coral Gables
The new sales gallery for Cora Merrick Park – the first wellness-oriented residences in Coral Gables – is now officially open at 4200 Laguna Street in Coral Gables. On Tuesday, Sept. 30, developers Constellation Group and The Boschetti Group celebrated the grand opening of the gallery with Douglas Elliman Development Marketing.
The new sales gallery for Cora Merrick Park – the first wellness-oriented residences in Coral Gables – is now officially open at 4200 Laguna Street in Coral Gables. On Tuesday, Sept. 30, developers Constellation Group and The Boschetti Group celebrated the grand opening of the gallery with Douglas Elliman Development Marketing, inaugurating the space and giving the community a sneak peek of the luxurious details and wellness features that make this project unique. Guests enjoyed live music, sipped adaptogenic cocktails and wellness elixirs, and participated in immersive demonstrations of red-light therapy panels and lymphatic compression treatments, curated by Centner Wellness. Inside the gallery, guests explored Cora’s signature finishes – natural stone, wood, and tile imported from Europe and around the world.
Designed by Arquitectonica with interiors by Urban Robot, Cora Merrick Park is delivering 74 refined residences priced from the $900,000s to over $4 million to Merrick Park – Coral Gables’ world-class shopping and dining destination. The project is directly across the street from Shops at Merrick Park, and walking distance to downtown Coral Gables and the Metrorail, and just minutes from Coconut Grove, University of Miami and Downtown Miami/Brickell.
“Cora Merrick Park is the first residential community in Coral Gables designed to integrate wellness into everyday living,” said Eduardo Otaola, Managing Principal at Constellation Group. “At the same time, it meets pent-up demand for new luxury product in Coral Gables. Cora offers a compelling alternative to the single-family home market in an irreplaceable location that delivers walkability, community, and the quality-of-life benefits that Coral Gables is known for – all in a finished turnkey-project with world-class amenities.”
Spanish wellness firm Lamarca Well, best known for creating the first wellness hub in Madrid, Spain, is overseeing Cora’s wellness programming. Key components include biophilic design, advanced air and water purification systems, noise-reducing acoustic design, non-toxic building and cleaning materials, a fitness center with a dedicated recovery area, and a spa with infrared sauna, steam room, contrast hydrotherapy (hot and cold) pools, and red-light therapy panels. Additional offerings include a resort-style roof deck pool, yoga and meditation area, lobby tearoom, and the first rooftop padel court in Coral Gables.
“At CORA Merrick Park, we believe wellness isn’t just about offering a product or service – it’s about delivering a lifestyle and creating environments that support lasting change,” said Mischka Capriles, Lamarca Well co-founder.
Lamarca and Arquitectonica will also oversee Cora’s enrollment in the International Well Building Institute (IWBI) WELL for residential program – an evidence-based, third-party certification aimed at creating healthier, more resilient homes.
Located at 4241 Aurora Street, Cora Merrick Park offers 13 unique floor plans, from one-bedrooms to expansive three-bedroom plus den residences. Each home has 10-foot ceilings, Italkraft kitchens, Sub-Zero/Wolf appliances, designer stone countertops, custom porcelain flooring, walk-in closets, and private, expansive lanais in select residences.
Cora offers a design-forward reinterpretation of the Spanish Mediterranean aesthetic through a modern, wellness-focused lens. Classic natural materials are used in novel ways to bring natural sophistication to interior spaces. Coralina stone and marble are paired with a dark stained oak – a nod to Coral Gables’ oak canopy – to create a moody, sexy color palette. Textured lime-wash walls and soft, organic stone forms – from the fluted marble lobby column to the rounded edges of the kitchen islands and bathroom vanities – foster calm and evoke a connection to nature. In the residences, a unique chevron-patterned, porcelain-tile floor from Spain’s Living Ceramics puts a contemporary spin on the classic design motif. Floor-to-ceiling windows usher in natural light to create a modern aesthetic rarely seen in the city.
Hospitality-inspired details, including a striking sculptural reception desk in the lobby and custom property fragrance, bring an added touch of European elegance. Outside, an original sculpture by celebrated Catalan visual artist Jaume Plensa anchors a lush 5,000-square-foot park, underscoring Cora’s seamless blend of art, architecture, and wellness.
Images via World Red Eye, Renderings via Cora Merrick Park
For more information about CORA Merrick Park or to inquire about purchasing a unit please fill out the form below:
Tower Capital Partners Launches Offering Exclusive Investor Access To Premier Real Estate Development Opportunities In Miami
PROFILEmiami Founder Demetri Demascus and former auto-industry executive Christian Iacovelli have joined forces to launch Tower Capital Partners, a private equity firm that invests with real estate developers with a proven track record of delivery high-quality real estate development projects and offers individual accredited investors access to private, institutional level deals typically reserved for family offices.
PROFILEmiami Founder Demetri Demascus and former auto-industry executive Christian Iacovelli have joined forces to launch Tower Capital Partners, a private equity firm that invests with real estate developers with a proven track record of delivery high-quality real estate development projects and offers individual accredited investors access to private, institutional level deals typically reserved for family offices. Tower Capital Partners has a focus on equity investments in resilient, high-growth markets with an asymmetric risk-return profile and an emphasis on wealth preservation matched with long-term growth.
Tower Capital Partners completed their first deal in Q3 2024, closing a preferred equity deal in Atlanta alongside The Allen Morris Company. Tower Capital Partners is now actively raising capital for two upcoming luxury condominium projects—one in Coconut Grove and one in Coral Gables—marking its formal entry into the South Florida market. While the details of these projects remain confidential, they underscore the firm's focus on iconic developments in prime, demand-driven locations.
Tower Capital Partners is redefining individual accredited investor access to premier real estate opportunities. The firm is built on the core thesis of investing alongside top-tier real estate developers with a proven track record of delivering high-quality projects in high-growth cities. Tower Capital Partners is focused on providing accredited investors with access to private, institutional-level deals that were historically reserved for family offices and large investment firms. With a commitment to transparency, aligned incentives, and a minimum investment of just $50,000, Tower Capital Partners is creating a new level of access to exclusive real estate investments.
The firm targets opportunities with an asymmetric risk-return profile, emphasizing downside protection while maximizing upside potential. Every project is carefully vetted, and the team invests alongside its limited partners in each deal, ensuring complete alignment. Key reasons to invest with Tower Capital include partnerships with the best developers, curated deal flow, and a clear, investor-first structure that puts transparency and performance at the forefront.
Tower Capital Partners is led by Babson College roommates, Managing Partners Demetri Demascus and Christian Iacovelli, who oversee all aspects of deal origination including sourcing investments and partnerships, capital raising, underwriting, due diligence, market research, asset management, investor relations and management of operations. Demetri is also the Founder and Publisher of leading South Florida real estate news and events platform PROFILEmiami which runs the annual PROFILE Pre-Construction Development Summit; is a licensed real estate broker in the State of Florida having overseen over $160+ million in real estate transactions and previously helped Galium Capital, a Miami-based real estate private equity group, grow the firm’s AUM from $300+ million to $650+ million. Christian led Rally Manufacturing, a successful automotive accessories manufacturing business, to over $500 million in retail sales, where he successfully managed multinational brand partnerships with industry giants such as Goodyear and forged strong relationships with leading U.S. and multinational retailers including Walmart, The Home Depot, and AutoZone.
To learn more about Tower Capital Partners visit www.towercapitalpartners.com.
Accredited investors and real estate development companies interested in working with Tower Capital Partners fill out the form below:
An Unforgettable Charter Experience Aboard the 133' Benetti Superyacht 'Contigo' In Nassau, Bahamas With Ikonic Yachts
In March 2025 PROFILEmiami had the exclusive opportunity to embark on an extraordinary journey aboard the exquisite 40.8m / 133’10” Benetti motor yacht, Contigo, courtesy of Ikonic Yachts. Nestled in the enchanting Nassau, Bahamas, this experience was a sublime blend of luxury, adventure, and unparalleled service that redefined our perspective on yacht charters.
In March 2025 PROFILEmiami had the exclusive opportunity to embark on an extraordinary journey aboard the exquisite 40.8m / 133’10” Benetti motor yacht, Contigo, courtesy of Ikonic Yachts. Nestled in the enchanting Nassau, Bahamas, this experience was a sublime blend of luxury, adventure, and unparalleled service that redefined our perspective on yacht charters.
As I stepped aboard the tender—a meticulously outfitted 42’ Scout center console—I was immediately greeted by the attentive staff of Ikonic Yachts as well as their Co-Founder AJ Blackmon. Our adventure began with a sumptuous lunch prepared with a local flair, setting a tone of relaxation and indulgence for the days ahead. The Contigo boasts a veritable treasure trove of water toys that heightened the excitement; from waverunners to hydrofoils and even a full inflatable beach club, every desire for thrilling adventure was catered to.
Exploring the Waters of Nassau
After lunch, we ventured out into the azure waters surrounding Nassau, where the tantalizing sunset provided the backdrop for our island cruise aboard the tender. As we navigated through the beautiful waterways and serene coves, the atmosphere was elevated to sheer bliss. Upon returning to the Contigo, a lavish steak dinner awaited, paired with expertly crafted cocktails, truly marking the end of a perfect day.
A Haven of Comfort and Elegance
The interiors of Contigo left me in awe. Designed by the renowned Bonetti/Kozerski Architecture, the yacht’s elegant spaces were not only beautifully decorated but also designed to provide ample room for relaxation. With five luxurious suites, each offering a sanctuary-like atmosphere, including a full-beam master suite complete with his and her bathrooms, there was more than enough space for accommodation and comfort.
The outdoor decks were just as inviting. With spacious lounging areas and tropical sanctuary vibes, I relished every moment spent next to the pool and indulging in the top-deck jacuzzi. These spaces quickly became my favorite spots after a day filled with excitement, where I could simply unwind and soak in the exquisite surroundings.
Culinary Delights
The next morning kicked off with further explorations on the waverunners, exhilarating rides that made me feel alive as I raced through the turquoise waters. Following our thrilling escapades, the onboard chef prepared an incredible Seabass lunch, showcasing the culinary expertise available aboard, fresh ingredients and the local catch. Dining at sea with such exceptional quality added depth to the overall experience.
Performance, Privacy, and Personalization
What truly elevates the experience aboard Contigo is not just the yacht's remarkable design and features but also the dedication of the crew. With a professional team that can cater to every need, my luxury yacht charter felt personal and attentive. The crew consistently went above and beyond, ensuring that each detail was handled with precision and care.
The yacht itself features a full-displacement hull made of GRP, providing stability at anchor and a cruising speed of 14 knots thanks to twin MAN engines. With a remarkable range of up to 4,000 nautical miles, Contigo is truly equipped to take you on adventures around the globe.
The Ikonic Yachts Difference
My experience aboard Contigo was a testament to the philosophy of Ikonic Yachts as the first yachting family office advisory firm. They redefine luxury yachting by combining comfort, cutting-edge technology, and sustainability while crafting bespoke journeys that exceed expectations. AJ’s hands on attention to detail is evident from the moment you enter the Ikonic Yachts experience, which is highly curated based on their long time experience in the industry working with clients. Their commitment to excellence shone through every aspect of my adventure, from personalized service to investment-level advice.
Overall, my weekend aboard Contigo was nothing short of spectacular. With its luxurious interiors, vast array of onboard facilities, and highly trained crew, I found every moment aboard to be an extraordinary adventure led by the team at Ikonic Yachts. Whether you’re seeking a tranquil escape or exhilarating adventures, Contigo offers everything you could desire—and more. For anyone considering a luxury yacht charter, there is nothing quite like experiencing the unique, thrilling and rejuvenating offerings of Ikonic Yachts aboard the magnificent Contigo to escape into luxury yachting.
You can visit Ikonic Yachts website here and learn about chartering the Contigo with Ikonic Yachts here.
Images via Ikonik Yachts
Inside Constellation Group and Boschetti Group's Launch Event of CORA Merrick Park at Perry's Steakhouse
On March 19, 2025 Constellation Group and Boschetti Group hosted a lavish launch event for CORA Merrick Park at Perry’s Steakhouse in The Shops at Merrick Park in Coral Gables. Developers Eduardo Otaola from Constellation Group and Jose Boschetti from Boschetti Group presented their new condo alongside Jay Phillip Parker, CEO of Brokerage, Douglas Elliman’s Florida Region and President of Douglas Elliman Development Marketing, who are overseeing sales at the project, and interior designer Giancarlo Pietri of Urban Robot Associates.
On March 19, 2025 Constellation Group and Boschetti Group hosted a lavish launch event for CORA Merrick Park at Perry’s Steakhouse in The Shops at Merrick Park in Coral Gables. Developers Eduardo Otaola from Constellation Group and Jose Boschetti from Boschetti Group presented their new condo alongside Jay Phillip Parker, CEO of Brokerage, Douglas Elliman’s Florida Region and President of Douglas Elliman Development Marketing, who are overseeing sales at the project, and interior designer Giancarlo Pietri of Urban Robot Associates.
CORA is a groundbreaking mixed-use boutique building where wellness meets home in Coral Gables’s Merrick Park. This innovative project features 74 wellness-oriented refined residences, complemented by thoughtfully curated retail and office spaces. CORA represents the first wellness-focused residential development in The City Beautiful and, upon completion, will be one of the first WELL Certified residential buildings in Coral Gables. Douglas Elliman Development Marketing serves as the exclusive broker for residential sales and marketing at CORA. The project is designed by Arquitectonica with interior design by Urban Robot Associates.
Seamlessly integrating wellness into every aspect of its design, CORA creates an environment where residents can feel revitalized, energized, and balanced. Through a singular partnership with renowned European wellness brand Lamarca Well, which has been working with ownership and designers since the project’s inception, CORA ensures that health and wellness are interwoven into every aspect of the property. With the guidance of leading wellness consultants, every detail has been thoughtfully curated to enhance residents' well-being, ensuring a healthier, happier life becomes second nature.
Slated for completion in 2027, the thirteen-story building will also feature more than 8,000 square feet of ground-floor retail and 13,000 sq. ft. of office space across the second and third floors. CORA is located at 4241 Aurora Street in Coral Gables’ prestigious Merrick Park district. Entry prices for residences begin in the $900,000s. The residences, from intimate one-bedrooms to expansive three-bedroom plus den homes, ranging in size from 678 to 2,651 sq. ft.
Amenities include a state-of-the-art fitness center with advanced wellness and recovery equipment, complemented by the first rooftop padel court in Coral Gables. Residents can enjoy a complete spa experience with a steam room, sauna, and hot and cold plunge pools, as well as a resort-style pool with private cabanas and a dedicated yoga terrace for mindful movement practices and meditation. Other amenities include an expansive lobby featuring a coworking lounge, executive boardroom, and resident tea lounge. A media lounge with catering kitchen provides entertainment space, while outdoor kitchen and dining areas offer alfresco gathering opportunities.
At street level, the development will contribute a 5,000 square foot public park to the City of Coral Gables, anchored by a sculpture from internationally acclaimed artist Jaume Plensa, creating a cultural landmark that will enhance the neighborhood's artistic landscape.
A dedicated sales gallery in the Village of Merrick Park will open soon.
Images via Alexey Olivenko
For more information about CORA Merrick Park or to inquire about purchasing a unit please fill out the form below:
Inside The Second Annual PROFILE Design Summit 2025 Presented by Pedini by Daruso Designs at Flexform Miami
On February 12, 2025, PROFILEmiami hosted the second annual PROFILE Design Summit Presented by Pedini by Daruso Designs at Flexform Miami. The lush setting of the Flexform furniture showroom in Midtown Miami became a bustling hub and a memorable evening for South Florida's top minds in design and real estate which brought together over 300 industry professionals.
On February 12, 2025, PROFILEmiami hosted the second annual PROFILE Design Summit Presented by Pedini by Daruso Designs at Flexform Miami. The lush setting of the Flexform furniture showroom in Midtown Miami became a bustling hub and a memorable evening for South Florida's top minds in design and real estate, which brought together over 300 industry professionals creating an atmosphere charged with creativity, innovation, and collaboration.
The evening kicked off with an hour of bespoke networking and real estate showcase, as guests sipped cocktails powered by E11EVEN Vodka and absorbed the ambient sounds of local DJ San_Dee. Attendees enjoyed creative pop-ups from Design and Real Estate Showcase brands including a 360-Photo Studio by Pedini by Daruso Designs; and other interactive pop-ups by Modern Stones, Edge House Miami, Resurface Architectural Wraps, Doda Space, Cetta Group, C&E Cleaning Elevated and La Cuisine Appliances.
The highlight of the summit was an engaging panel discussion featuring an all-star cast of panelists who delved deep into the complexities and nuances of architecture and interior design in Miami. The panel was moderated by interior designed Mayela Rojas from Amazed ID: Interior Design & Development Firm who led an insightful discussion with iconic Miami-based architect Kobi Karp, architect-to-the-stars Ralph Choeff, and acclaimed interior designers Alison Antrobus of Antrobus Design Collective and Carlos Rodriguez of Escala Forma.
Each of the panelists shared their personal journeys into the design realm, detailing their inspirations, key projects, and passion for creating spaces that resonate with Miami's unique culture and environment. Ralph Choeff of Choeff Levy Fishman discussed his newly revealed design for a Palm Beach estate which just listed as one of the most expensive homes in the country at $285 million. Ralph also discussed working with Alex Rodriguez and with interior designer Alison Antrobus on their recently collaboration designing David Beckham's Miami home. Carlos Rodriguez of Escala Forma gave background on his work with Miami-staple restaurant’s Queen and Lafayette Steakhouse and the legendary Kobi Karp gave insight on developing with sustainability and how architects can continue adding value to communities.
As the discussion unfolded, guests were invited into the personal design philosophies that shape the work of each panelist. The dialogue took a fascinating turn as the panelists explored the influence of South Florida's geography and climate on their designs, emphasizing how they creatively harness local elements while addressing the reality of hurricanes and rising sea levels. Sustainability emerged as a vital theme, with discussions around materials and practices that minimize environmental impact, particularly relevant in Miami's delicate ecosystem. The panelists also shared their insights on current trends shaping the future of Miami's skyline, emphasizing the integration of technology in their design practices.
The challenges posed by the regulatory environment in South Florida were also candidly discussed, providing attendees with a glimpse into the complexities faced by designers and developers alike. Through community engagement, the experts conveyed the significance of public input in their projects—highlighting a collaborative approach that fosters relationships and understanding.
As the panel discussion wrapped up, thoughts on the future landscape of Miami’s architecture were shared and the panelists offered invaluable advice to the next generation of designers, emphasizing the importance of staying adaptable, engaged, and continuously learning. The audience was invited to participate in a Q&A session before the opportunity to interact with panelists 1-on-1.
Following the panel guests continued to network and discuss, apparent that the PROFILE Design Summit 2025 had not only sparked conversations but had also fostered connections that would flourish long after the evening officially concluded. The takeaways were rich, leaving attendees with insightful knowledge and inspiration to carry into their future projects.
Design Showcase
Image credit @PROFILEmiami
Inside the PROFILEmiami Spec Home & Luxury Real Estate Networking Dinner at Lafayette Steakhouse
On November 6, real estate media powerhouse PROFILEmiami hosted its Spec Home & Luxury Real Estate event at the sophisticated Lafayette Steakhouse in Brickell. The brainchild of Mr. Hospitality and CEO/Founder Mathieu Massa, Lafayette Steakhouse seamlessly blends the nostalgic allure of a classic American steakhouse with the refined atmosphere of a London speakeasy.
On November 6, real estate media powerhouse PROFILEmiami hosted its Spec Home & Luxury Real Estate event at the sophisticated Lafayette Steakhouse in Brickell. The brainchild of Mr. Hospitality and CEO/Founder Mathieu Massa, Lafayette Steakhouse seamlessly blends the nostalgic allure of a classic American steakhouse with the refined atmosphere of a London speakeasy.
Guests networked over custom cocktails by E11EVEN Vodka and gourmet bites by Lafayette Steakhouse, and heard from leading spec home architect Ralph Choeff of Choeff Levy Fischman, powerbrokers Nelson Gonzalez and Dora Puig, top spec home developer Pascal Nicolai of Sabal Development, interior designer Thomas Diverio from Dunagan & Diverio Design Group and spec home developer Mathieu Massa from Massa Construction Group.
Afterwards guests stayed for a three-course networking dinner presented by Title EQ, LUC Electric and Modern Stones, alongside the leaders of the Miami real estate industry. The exclusive chef-curated menu boasted a selection of decadent choices: appetizers like the Prime Beef Filet Carpaccio, Fried Jumbo Shrimp, or Smoked Kurobuta Pork Belly BBQ; mains included a 6-oz Filet Mignon, Lafayette Cheeseburger, or Pan-Seared Striped Bass; and dessert options feature Half-Baked Cookie, America French Toast, or Dulcey Chocolate Popcorn Sensation. This exquisite dinner offered a perfect close to a night of elite networking and culinary delight.
PROFILEconnect brings together Miami’s real estate industry and business professionals to network and connect outside of a business setting. Guests have the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders.
See This Newly Built Tropical Modern Oasis You Can Rent For $8,500 Per Month In Coconut Grove
Be the first to live in this recently completed luxury townhome in the hot neighborhood of West Coconut Grove. The recently completed 3162 Plaza Street at Casa Azzura Coconut Grove is move-in ready and one of the only new construction townhomes ready to welcome its first residents, listed for $8,500 per month
Be the first to live in this recently completed luxury townhome in the hot neighborhood of West Coconut Grove. The recently completed 3162 Plaza Street at Casa Azzura Coconut Grove is move-in ready and one of the only new construction townhomes ready to welcome its first residents, listed for $8,500 per month with ALTARA Properties. The residence is both walking distance to Downtown Coconut Grove as well as close to both Douglas Station and Merrick Park.
3162 Plaza Street at Casa Azzura Coconut Grove is a tropical modern new construction luxury townhome designed by renowned Venezuelan-architect Mario Bocaranda inCoconut Grove. The 3 bedroom residence spans 2,500 SF complete with 3 en-suite bedrooms with walk-in closets and two half-baths. The oversized master suite features a luxurious master-bathroom and private baloney. Outside features a lushly landscaped outdoor oasis featuring a plunge pool, cabana bath and summer kitchen.
One of Miami’s most historic and beautiful neighborhoods, the lush bayside community of Coconut Grove is known for its tropical vibe full of banyan trees, palms and live oaks mingle along quiet residential streets, and peacocks roam wild. Hugging the shoreline of Biscayne Bay, Coconut Grove is an upscale, leafy neighborhood with relaxed sidewalk cafes and chic shops in and around the newly redeveloped CocoWalk mall.
3162 Plaza Street is move-in ready and is listed for $8,500 per month (landlord pays pool maintenance and landscaping) with Demetri Demascus of ALTARA Properties. The MLS number is A11600803. For more information please visit www.azzuramiami.com or email d@altaraproperties.com.
For more information about Casa Azzura Coconut Grove, private showings or leasing information please fill out the form below:
The PROFILEmiami Pre-Construction Development Summit 2026 Showcase Guide is your resource for exploring the projects participating in this year's Summit. Discover each development's location, development team, architecture and design, residences, pricing and key project details, while connecting directly with the developers and sales teams behind them at the Showcase.