Newgard Group and Two Roads Development Mark Major Construction Milestone at One Brickell Riverfront With Installation of Architectural Crowns

The two residential towers rising at One Brickell Riverfront commemorated another landmark moment in their construction with the installation of architectural crowns atop both LOFTY Brickell at 44 stories and The Standard Residences, Brickell at 46 stories. With this milestone, both towers now reach their full architectural heights, and their distinctive silhouettes are beginning to redefine the Brickell skyline.

The crown is more than a finishing touch. It is the moment a tower stops resembling a construction site and starts looking like a landmark. The crowns of both towers serve a functional purpose while completing the bold visual statement that architect Arquitectonica envisioned from the very beginning.

Both towers are now visible throughout Brickell, Downtown Miami, and along the Miami River - permanent additions to one of the most dynamic skylines in the U.S.

“For buyers who first fell in love with the project through renderings, seeing the crowns in place marks the moment their dream becomes an undeniable reality,” said Harvey Hernandez, CEO of Newgard Group. “What started on paper is now a full-scale landmark, and we could not be prouder of the team that made it happen.”

“The crown milestone signals to the market, and our buyers, that the finish line is well within sight,” said Brad Meltzer, Partner and President of Two Roads Development. “One Brickell Riverfront is becoming exactly what we promised - a defining piece of Miami's riverfront and new standard for urban residential living.”

General contractor G.T. McDonald topped off the building in January 2026. Construction on both towers continues ahead of schedule, with delivery targeted for August 2027. The crown completion marks the transition into enhancing the building’s exterior aesthetics and interior finishing work across both buildings.

LOFTY Brickell is a 44-story tower featuring 362 fully furnished studios, one- and two-bedroom residences and penthouses, with interiors by INC. Its 40,000 square feet of amenities include a private marina, resort-style pool deck, fitness center, spa, cigar lounge and co-working spaces. New York City-based AVRA Estiatorio will bring its acclaimed Coastal Greek dining experience to LOFTY's ground floor, with waterfront views of the Miami River.

Just seven penthouse residences remain available, with prices ranging from $2.4 to $3.5 million. LOFTY’s flexible ownership model allows owners the ability to rent out their residences on their own terms. Cervera Real Estate is the exclusive sales and marketing partner.

The Standard Residences, Brickell rises 46 stories and offers 422 fully furnished studios, one- and two-bedroom residences with interiors by GOODRICH, priced from the mid $600,000s. Multi-level amenities include a rooftop pool, The Standard Club Lounge and Café, co-working spaces, a 10th-floor spa with Hammam, saunas and cold plunge, bowling alley and lounge, pet spa, screening room and signature dining. ONE Sotheby's International Realty is leading sales.

One Brickell Riverfront is located at 99 SW Seventh Street, along the northwest corner of Brickell City Centre. The project closed $513 million in construction financing in late 2025 - one of the largest residential construction loans in South Florida last year. An undisclosed private lender provided $370 million in senior financing while 3650 Capital originated a $143 million mezzanine loan.

Newgard Group and Two Roads Development formed their strategic partnership in November 2024 to transform one of Brickell's last undeveloped riverfront sites into a vibrant, integrated residential destination.

Past PROFILEmiami articles about One Brickell Riverfront, LOFTY Brickell / The Standard Residences, Brickell:

For more information about One Brickell Riverfront, LOFTY Brickell / The Standard Residences, Brickell or to inquire about purchasing a unit please fill out the form below:

Newgard Group and Imperial Moto Launch 'Revault', A Design-Driven Luxury-Auto Vault and Collector Car Community In Little River

Newgard Group, the award-winning Miami-based development firm led by Harvey Hernandez, together with Imperial Moto, the iconic Miami lifestyle brand founded by Matt McKenna, has launched Revault, a first-of-its-kind community that blends for-sale luxury car storage, private club culture, Padel sports, and curated design into a single integrated experience. Blending architecture, design and performance, Revault redefines luxury car storage by integrating customizable, for-sale Car Studios with exclusive club amenities and curated experiences.

Born from a shared vision, Revault combines Newgard’s development expertise with Imperial Moto’s deep authenticity in Miami’s car culture. Located in Little River, one of Miami’s fastest-growing creative districts, the 80,000 SF project will feature a limited collection of 16 luxury Car Studios, a members-only Clubhouse, a five-court indoor Padel Club, Imperial Moto’s signature café, and a creative campus designed for events and social connections.

“Revault is more than a real estate development; it’s a cultural ecosystem,” said Hernandez, Founder & CEO of Newgard Group, and a car collector himself. “Our team and Imperial Moto are aligned on creating something that doesn’t exist anywhere else: a destination that blends performance, design and lifestyle in the heart of Miami’s trendiest, up-and-coming neighborhood.”

At its core, Revault is a design-forward car vault concept, offering secure, climate-controlled, two-story Car Studio units with mezzanine lounges, bathrooms and fully customizable finishes. These spaces go beyond traditional car storage; they are lifestyle extensions of their owners, designed to host, work, collect, relax and connect with fellow members of the Revault Society, an invitation-only community built around shared passion for design, performance and culture.

Revault Miami Highlights:

• 16 for-sale Car Studios ranging from 2,000–8,000 sq. ft., fully finished and customizable

• 45,000 sq. ft. of hospitality-driven amenities including the Revault Concourse

• Amenities include an Owners Clubhouse with concierge services, a temperature-controlled, five-court indoor Padel Club for year-round play, a gym, spa and wellness areas

• Creative campus with work suites, conference rooms, and space for curated events and social programming operated by Imperial Moto

• State-of-the-art security and monitoring throughout the building

Revault represents the first real estate venture for Imperial Moto, known globally for design-driven experiences, creative activations and a specialty coffee culture. McKenna and Hernandez initially pursued the same Little River site independently—Hernandez focused on a collector car condo concept, while McKenna envisioned a mixed-use development including a padel component. Their ideas converged naturally, forming a foundation for a true partnership.

“Imperial Moto has always been about connection through craft, design and shared passion,” said McKenna, Founder of Imperial Moto. “Revault is the evolution of that idea—a space where we can offer more than a product or a place. It’s a full-spectrum lifestyle built for people who live what they love.”

Revault Miami, at 7441 N. Miami Avenue, Miami, Florida, is now welcoming reservation inquiries from selective owners seeking to join this exclusive car collector community. Construction is slated to begin in 2026.

In addition to Miami, the partnership is actively working on other Revault locations in Delray Beach, Palm Beach and Nashville, with other cities to follow.

Images via Newgard Group

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

Newgard Group and Two Roads Secure $513 Million in Construction Financing for One Brickell Riverfront in Miami

Newgard Group and Two Roads Development closed on $513 million in construction financing for their One Brickell Riverfront project in Miami’s financial district, making it one of the largest residential construction loans in the South Florida market this year. The development includes LOFTY Brickell and The Standard Residences, Brickell condominium towers where construction is months ahead of schedule on the Miami River.

An undisclosed private lender provided $370 million in senior financing while 3650 Capital originated a $143 million mezzanine loan.

Located at 99 SW Seventh St. next to Brickell City Centre, the master-planned development features two high-rise condominium towers rising from a shared podium. LOFTY Brickell is a 44-story tower with 362 residences, while The Standard Residences, Brickell will stand 46 stories and include 422 residences.

Construction is more than halfway complete, with both towers expected to deliver months ahead of their targeted August 2027 completion. G.T. McDonald is the project’s general contractor.

“This financing reinforces the market’s confidence in the strength of our vision for One Brickell Riverfront,” said Harvey Hernandez, CEO of Newgard Group. “Together with Two Roads, we are creating a destination that combines world-class design, unmatched amenities, and the flexibility today’s buyers demand.”

Hernandez continued: “3650 Capital has been instrumental to the success of this extraordinary project, having supported us since the initial acquisition of the property. We are thrilled to continue to grow our relationship with the firm, who has helped finance several of our new condominium developments in the past.”

“Brickell is one of the most dynamic urban neighborhoods in the country, and this project reflects our shared commitment to delivering best-in-class residential experiences,” said Taylor Collins, Managing Partner of Two Roads Development. “Securing this loan is another important milestone as we move quickly toward topping off early next year.”

Newgard and Two Roads formed a strategic partnership in November 2024 to transform one of Brickell’s last undeveloped riverfront sites into a vibrant, integrated community.

“One Brickell Riverfront is poised to bring highly desirable luxury condominiums with two distinct concepts to Miami’s financial district,” said Jonathan Roth, Co-Founder and Managing Partner of 3650 Capital. “The successful closing of this transaction speaks to 3650’s local market expertise, special servicing function and ability to help our borrowers from site assemblage through construction and sellout—core tenets of our capabilities that enable us to generate strong investor returns. The sponsors have robust track records of developing high-end residential projects, and we’re pleased to have helped them navigate the complexities of the project, which we believe is situated in one of the most attractive locations in all of Florida.”

Designed by Arquitectonica, LOFTY Brickell features studios and one- and two-bedroom residences and penthouses furnished by INC. Its 40,000 square feet of amenities include a private marina, resort-style pool deck, fitness center, spa, cigar lounge and co-working spaces. The highly acclaimed New York City-based restaurant AVRA Estiatorio will open a location on LOFTY’s ground floor, providing owners and guests with an elevated Coastal Greek dining experience with waterfront views.

A limited number of penthouse residences remain available for sale with prices ranging from $2.4 to $3.5 million. The building has proven to be very attractive to individuals seeking a 5-star lifestyle in Miami’s urban core. Another strong attraction is LOFTY’s flexible ownership model allowing owners the ability to rent out their units on their own terms.

The Standard Residences, Brickell, designed by Arquitectonica with interiors by GOOD.RICH, offers 422 homes including studios, one-bedrooms and two-bedrooms. Prices start in the mid $600s.

Multi-level amenities include a rooftop pool with beverage and towel service, The Standard Club Lounge and Café, co-working spaces, and a 10th-floor spa with Hammam, saunas and a cold plunge. Additional offerings include a fitness center, bowling alley and lounge, pet spa and screening room, along with signature dining on the ninth floor and a riverfront restaurant at street level. Sales are being led by ONE Sotheby’s International Realty.

For more information about LOFTY Brickell / The Standard Residences, Brickell or to inquire about purchasing a unit please fill out the form below:

LOFTY Brickell Appoints G.T. McDonald As GC, Set For Foundation Pour January 2024

Forward-thinking real estate developer Newgard Development Group has appointed G.T. McDonald Enterprises, Inc. as general contractor for the riverfront LOFTY Brickell luxury condominium. The well-known contractor was brought on board as Newgard has secured a permit to begin pouring the building’s foundation scheduled to start on the first of the year. The 44-story LOFTY Brickell will rise on the Miami River in the city’s Brickell district.

The collaboration marks a significant milestone in the ongoing partnership between Newgard and G.T. McDonald, following their successful cooperation on the completed Gale Residences Fort Lauderdale Beach in 2018.

Headquartered in Plantation, Florida, G.T. McDonald brings over 40 years of experience in providing Design-Build and Construction Management services throughout South Florida. With a team of over 80 professionals specializing in Engineering and Construction Management, including Certified General Contractors and licensed Professional Engineers, G.T. McDonald has established itself as a best-in-class construction firm.

"G.T. McDonald is a valued partner of Newgard's, and its team is ideally suited to oversee the construction of LOFTY Brickell. We are thrilled to expand our working relationship and look forward to going vertical with the building,” said Harvey Hernandez, Newgard founder and CEO.

The general contractor’s impressive portfolio includes notable projects such as 1111 Lincoln Road, Diplomat Tower 100 in Hallandale Beach, The Rise at Flagler Village in Fort Lauderdale, and Monad Terrace in Miami Beach.

LOFTY Brickell represents the pinnacle of Newgard's flexible ownership concept. Already over 94% sold, LOFTY is positioned as one of the Miami condo market's most successful projects under development. Vertical construction is estimated to take 30-to-36 months upon commencement.

"G.T. McDonald has a track record for completing quality work on time and on budget, making them the ideal choice for a project of this caliber," added Newgard Senior Vice President of Construction Bromley Kelly.

President Jerry McDonald of G.T. McDonald Enterprises, Inc. expressed enthusiasm for the partnership, saying, "LOFTY will be a tremendous addition to Miami's skyline and the Brickell district. Our team will apply its high-rise experience and best practices to deliver LOFTY as another successful project for Newgard."

Designed by Arquitectonica, LOFTY features 362 units with studio, one- and two-bedroom residences furnished by INC. The building boasts 40,000 square feet of carefully curated amenities, including a private marina, a members-only social club, resort pool deck, fitness center, spa facilities, indoor cigar lounge, co-working lounge, and meeting rooms. The rooftop offers a versatile 10,000-square-foot skydeck for private events, exclusively dedicated to unit owners.

With INC responsible for LOFTY's stylish interiors, Urban Robot Associates as the landscape architect, and Cervera Real Estate as the exclusive sales and marketing partner, LOFTY Brickell promises to redefine luxury living in Miami's vibrant landscape.

LOFTY Brickell Commissions Two More Artists For Its Rare NFT Collective To Be Gifted To Buyers At Closing

Forward-thinking real estate developer Newgard Development Group has commissioned two additional artists to create one-of-a-kind NFT pieces for its LOFTY Brickell condominium project. Newgard is integrating digital art into the DNA of the new residential building while transferring ownership of a custom NFT to each unit owner.

The NFT Collective launched in March 2022 with Miami-based multi-disciplinary artist Carlos Betancourt, who is creating a unique digital art piece for buyers of studio and one-bedroom units. The two new Miami artists—Douglas Hoekzema, known professionally as HOXXOH, and E-uphoria by Alessia Moccia, will create NFTs for buyers of two-bedroom units and penthouse residences, respectively. Newgard partnered with the New York-based art consulting group Indiewalls to curate the artists.

“This is the first time we know of where a condominium will display a commissioned NFT collection throughout the entire building, and the first-time owners will receive a unique digital art piece when they purchase their units,” said Newgard CEO Harvey Hernandez. “Each piece is inspired by Miami’s history, diversity and incredible energy, taking you into an immersive experience of time, culture, lifestyle and awakening of the city.”

HOXXOH’s artwork focuses on the relationship between man and time, depicting time as a sweet ride that flows, mixing spontaneously with precision. His work is ever-evolving in style, emphasizing mark-making and color to give life to fluid painterly shapes and patterns embedded in a philosophical approach. Through repetitions and analyses, he has managed to recreate the characteristic harmony of contingency, revealing the aesthetic qualities of controlled chaos.

He has created a piece called Blue Fountain for the LOFTY buyers.

“It is fascinating to see how the NFT marketplace helps artists find their own lane through digital art,” said HOXXOH. “As Lofty Brickell launches a limited collection of elevated residences through a collective of globally renowned designers, architects, and artists, I can’t help but find a certain symbiosis with our collaboration on the upcoming exclusive NFT release.”

E-uphoria by Alessia Moccia is one of a growing number of female street photographers making a name for themselves. Also, an NFT collector, she brings a unique perspective to the genre with her dreamlike and distinct imagery. She takes the ordinary and turns it into the extraordinary, infusing her compositions with galaxies, moons and planets to create surreal and captivating scenes.

Her NFT art piece for penthouse buyers is called Rest in Glow.

"Integrating NFT art into a luxury building is like adding a touch of enchantment to elevate the experience of living to a whole new level. It's a beautiful way to capture the essence of art and technology, and create a truly mesmerizing living space,” Moccia said.

Originally from Rome, Moccia now spends her time between Miami and New York. She won an Honorable Mention at the 2022 International Photography Awards.

LOFTY is a 44-story waterfront luxury condominium high-rise under development on the Miami River in the heart of Miami’s financial district. It is the most elevated offering in Newgard’s flexible ownership concept. At over 92% sold, LOFTY is already one of the Miami condo market’s most successful projects under development.

Designed by Arquitectonica, the 362-unit LOFTY features 309 tower residences including studio, one- and two-bedroom units that will be furnished by INC. They sit alongside 40,000 square feet of thoughtfully curated amenities, including a private marina, a members-only social club, resort pool deck and fitness center, indoor cigar lounge, co-working lounge and meeting rooms.

With tower units sold out, just a few residences in the LOFTY Signature Penthouse Collection remain available for purchase. The Signature Penthouse Collection offers spacious two, three, and three-bedroom plus den residences that will be curated and furnished by revered design firm Artefacto. Starting at $2.2 million, they represent the best value in penthouse homes in the Brickell submarket.

Located across from Brickell City Centre, LOFTY is the next evolution of condominium ownership. It brings a 5-star alternative for the owner and traveler who prefers to stay and own differently – yet does not want to compromise on hotel services and amenities. Each residence will be delivered fully finished and furnished and, with professional management, will permit short-term rentals.

Cervera Real Estate serves as the exclusive sales and marketing partner for LOFTY Brickell.

LOFTY Brickell is located at 99 SW Seventh St., Miami, FL 33130. For more information and updates, visit www.LoftyBrickell.com.

As leaders in residential and hospitality lifestyle development across the US, Newgard Development Group represents 50 plus years of innovative real estate design, marketing, and construction - assuring excellence from concept to completion. With a forward-thinking approach to development and architecture, Newgard transforms the way buildings and spaces come to life with a passionate commitment to enhancing and elevating its surrounding communities. CEO, founder and visionary, Harvey Hernandez, has fueled Newgard’s projects, from luxury buildings with cutting-edge amenities, to revitalizing high-end residential markets and pioneering the category of flexible ownership. Newgard has developed and managed projects ranging from $20 million to $500 million in key markets with a focus on Florida, Texas, and Tennessee. Recent notable projects include Lofty Brickell, Natiivo Austin, Natiivo Miami, Gale Residences Ft. Lauderdale Beach, Gale Hotel, BrickellHouse, Centro and One Flagler, among others.

Newgard Development Reveals Skydeck At LOFTY Brickell

Forward-thinking real estate developer Newgard Development Group continues to differentiate its LOFTY Brickell condominium project with unique features and innovative concepts. In the latest example, Newgard is unveiling its plan for the building’s skydeck- a versatile rooftop space that will be available as a venue for private events and will be an additional building amenity dedicated exclusively to LOFTY unit owners.

Located on LOFTY’s 44th floor, the approximately 10,000-square-foot area is designed to accommodate events ranging from small corporate gatherings to wedding receptions. The lush rooftop will feature modular furniture, portable bars, a catering kitchen and a private pool. Owners will have exclusive access to the space when events are not taking place.

“We have designed a plan that allows us to maximize LOFTY’s beautiful sky deck area,” said Newgard CEO Harvey Hernandez. “Owners can enjoy a glass of wine while soaking in the breathtaking cityscape views or hang out by the pool for a quiet day of relaxation.”

LOFTY is a 44-story waterfront luxury condominium high-rise under development on the Miami River in the heart of Miami’s financial district. It is the most elevated offering in Newgard’s flexible ownership concept. At over 92% sold, LOFTY is one of the Miami condo market’s most successful projects under development.

Designed by Arquitectonica, the 362-unit LOFTY features 309 tower residences including studio, one- and two-bedroom units that will be furnished by INC. They will have exclusive access to 40,000 square feet of thoughtfully curated amenities, including a private marina, a members-only social club, a resort pool deck and fitness center, an indoor cigar lounge, a co-working lounge, meeting rooms and the sky deck.

With tower units sold out, just a few residences in the LOFTY Signature Penthouse Collection remain available for purchase. The Signature Penthouse Collection offers spacious two, three, and three-bedroom plus den residences that will be curated and furnished by revered design firm Artefacto. Starting at $2.2 million, they represent the best value in penthouse homes in the Brickell submarket.

Located across from Brickell City Centre, LOFTY is the next evolution of condominium ownership. It brings a 5-star alternative for the owner and traveler who prefers to stay and own differently – yet does not want to compromise on hotel services and amenities. Each residence will be delivered fully finished and furnished and, with professional management, will permit short-term rentals.

The tower will feature the first-ever NFT art collection designed for condo owners, integrating digital art and technology into the DNA of the new residential building while transferring ownership of a custom NFT to each unit owner at closing.

INC is responsible for LOFTY’s 44 stories of swanky interiors and Urban Robot Associates is the landscape architect.

Cervera Real Estate serves as the exclusive sales and marketing partner for LOFTY Brickell.

LOFTY Brickell is located at 99 SW Seventh St., Miami, FL 33130. For more information and updates, visit www.LoftyBrickell.com.

Newgard Development Group Partners With YUPIX To Bring Immersive Meta-Reality Tours to LOFTY Brickell

Forward-thinking real estate developer Newgard Development Group continues to innovate and enhance the luxury residential preconstruction experience. In the latest example, Newgard is partnering with immersive technology platform YUPIX to offer meta-reality tours of its LOFTY Brickell.

LOFTY is a 44-story waterfront luxury condominium high-rise under development on the Miami River in the heart of Miami’s financial district. The most elevated offering in Newgard’s flexible ownership concept, LOFTY is already one of the Miami condo market’s most successfully sold buildings. This new collaboration with YUPIX promises to take interest in LOFTY to even greater heights.

Through the partnership, a representative from Cervera Real Estate – the exclusive sales and marketing partner for LOFTY – will be on-site at YUPIX’s Wynwood facility to guide real estate agents and prospective buyers through the surreal multisensory experience.

“The term gamechanger is overused, but YUPIX is truly changing the game when it comes to preconstruction sales,” said Cervera Real Estate Managing Partner Alicia Cervera Lamadrid. “Buyers are increasingly more discerning when considering where to purchase in Miami. Having the ability to take someone inside a luxury building long before its completion is a major competitive advantage for a project like LOFTY.”

YUPIX’s disruptive technology gives participants a palpable feeling of walking through LOFTY’s penthouses and luxurious amenity areas, while taking in the building’s incredible views from different vantage points.

“We always strive to push boundaries and redefine what is possible through our developments,” said Newgard Development Group CEO Harvey Hernandez. “Partnering with YUPIX accomplishes that and showcases LOFTY in a new and innovative way. The LOFTY team cannot wait to welcome our buyers to the LOFTY metaverse.”

To schedule a meta-reality tour of LOFTY, call (786) 461-9221 or email info@LOFTYBrickell.com.

Designed by Arquitectonica, the 362-unit LOFTY features 309 tower residences including studio, one- and two-bedroom units alongside 40,000 square feet of thoughtfully curated amenities, including a private marina, a members-only social club, resort pool deck and fitness center, indoor/outdoor cigar lounge, co-working lounge and meeting rooms.

LOFTY’s 53-unit Penthouse Collection offers spacious two, three and three-bedroom plus den residences that are curated and will be furnished by revered design firm Artefacto. Penthouse prices range from $1.95 million to over $3.5 million.

Located directly across from Brickell City Centre, LOFTY is the next evolution of condo ownership, conceived to bring a 5-star alternative for the owner and traveler that might prefer to stay and own differently – yet does not want to compromise on the services and amenities of a hotel. Each residence will be delivered fully finished and furnished and, with professional management, will permit short-term rentals.

The tower will feature the first-ever NFT art collection designed for condo owners, integrating digital art into the DNA of the new residential building, while transferring ownership of a custom NFT to each unit owner at closing.

INC, the multi-disciplinary INC Studio responsible for LOFTY’s 44 stories of swanky interiors. Urban Robot Associates is the landscape architect.

LOFTY Brickell is located at 99 SW Seventh St., Miami, FL 33130. You can visit LOFTY Brickell’s website here.

Newgard Development Group To Bring Acclaimed NY Restaurant AVRA Estiatorio To LOFTY Brickell

Forward-thinking real estate developer Newgard Development Group has revealed that the acclaimed Greek restaurant AVRA Estiatorio will be opening in LOFTY Brickell, a 44-story waterfront luxury condominium high-rise under development on the Miami River in the heart of Miami’s financial district. A collaboration between co-founders Nick Tsoulos, Nick Pashalis and Marc Packer, AVRA is a destination that transports diners to the whitewashed islands of Greece with its decor and cuisine including incomparably fresh seafood, vegetables and hand-pressed extra-virgin olive oil.

LOFTY is already one of the Miami condo market’s most successfully sold buildings and the most elevated offering in Newgard Development’s flexible ownership concept. AVRA’s flagship New York location opened on East 48th Street in 2000; today the brand has two more Manhattan locales, another in Beverly Hills, and most recently opened a fifth location at The Estates at Acqualina™ in Sunny Isles Beach. LOFTY will be the restaurant’s second South Florida location.

“We were looking to curate the right restaurant partner that is aligned with the elevated lifestyle that defines our LOFTY brand,” said Newgard Development Group CEO Harvey Hernandez. “AVRA offers a wonderfully creative menu and truly unique dining experience that fully complements the vibe we aim to create for our owners and guests.”

With interiors designed by Rockwell Group, AVRA Brickell will occupy more than 10,000 square feet and have a 300-seat main dining room along with elegant outdoor seating overlooking the Miami River. Other design elements will include a spacious bar area, an expansive seafood display on ice similar to those found at traditional Greek markets, and a sleek aesthetic inspired by the Greek village of Nafpaktos, where Avra’s co-founder Nick Tsoulos was born and brought up.

AVRA’s cuisine is inspired by the seaside tavernas dotted all over Greece’s coast and more than 200 islands. The menu offers iterations of fresh fish with familiar favorites such as branzino, red snapper and wild Dover sole, as well as rarer Mediterranean gems like fagri and lithrini. Picking your seafood from the ice display that features in-season catch is a signature part of the AVRA experience.

The wine program is as impressive as the food with a list that includes more than 1,200 varieties and spans the globe. When it comes to spirits, AVRA’s options number in the hundreds and include 25 varieties. Greek spirits are part of the mix with ouzos and mastichas, and the cocktails are creative and a nod to Greece.

Michael Comras, Michael Silverman and Jeff Evans of the Comras Company of Florida facilitated the lease transaction.

“AVRA is a world-class restaurant that aligns nicely with the LOFTY brand and provides further activation along the Miami River,” said Comras. “We are pleased to be associated with this innovative residential project and look forward to curating other exciting lifestyle-brands for Newgard.”

Designed by Arquitectonica, the 362-unit LOFTY features 309 tower residences including studio, one- and two-bedroom units alongside 40,000 square feet of thoughtfully curated amenities, including a private marina, a members-only social club, resort pool deck and fitness center, indoor/outdoor cigar lounge, co-working lounge and meeting rooms.

LOFTY’s 53-unit Penthouse Collection offers spacious two, three and three-bedroom plus den residences that are curated and will be furnished by revered design firm Artefacto. Penthouse prices range from $1.95 million to over $3.5 million.

Located directly across from Brickell City Centre, LOFTY is the next evolution of condo ownership, conceived to bring a 5-star alternative for the owner and traveler that might prefer to stay and own differently – yet does not want to compromise on the services and amenities of a hotel. Each residence will be delivered fully finished and furnished and, with professional management, will permit short-term rentals.

Cervera Real Estate serves as the exclusive sales and marketing partner for LOFTY Brickell. LOFTY Brickell is located at 99 SW Seventh St., Miami, FL 33130.

Images via LOFTY Brickell and AVRA Estiatorio

Miami Condo Developer Changing The Game

Miami is a mecca for global consumers seeking year-round sunshine, nightlife, and culture, framed by endless sophistication. From stunning scenery and pristine beaches, the Magic City is a feast for the senses.

While developers and hospitality visionaries are playing a prominent role making Miami the most photogenic and desirable city to live, work and play, an evolutionary approach to condo ownership is changing the real estate game, led by Harvey Hernandez, founder and CEO of Miami’s Newgard Development Group. Hernandez is betting on next-generation condos and his latest, LOFTY Brickell, delivers fully finished and furnished turn-key residences purposefully designed and licensed to be shared in the heart of Brickell, along the riverfront. 

Hernandez is known for creating signature towers with contemporary designs and a curated lifestyle in unbeatable locations – from Miami to Austin. LOFTY - scheduled to break ground later this year - is set to elevate city living to an art form, unlike anything Miami has ever experienced. 

“We recognize we’re in a state of tremendous transition, and increasing numbers of people are discovering they can live and work from anywhere,” says Hernandez, who has spent more than 20 years revitalizing high-end residential markets and developing innovative properties. 

With this increased demand, Hernandez is making strides with concepts like Natiivo Austin and Natiivo Miami. Both condominiums, which debuted four years ago, are the first towers created exclusively for flexible ownership and home-sharing – and set the precedent for developers to monetize units in a unique way. It is no surprise the two condominiums sold out completely before breaking ground, attracting buyers with its then-innovative concept. 

Today, Nativvo is accessible via all homestay platforms offering bespoke amenities, 24/7 services, and access to a proprietary app for owners to seamlessly manage personal use and third-party bookings. National demand for short-term rentals continue to boom, spurred by the freedom to work remotely, allowing Newgard to have dreamt up a successful concept before its time.

Now, with the addition of LOFTY to his portfolio, Hernandez is becoming one of the most talked-about developers, known for tapping coveted relationships with bold-faced names like Paulo Bacchi, CEO of Artefacto, for a first-ever branded PH collection.

He also partnered with internationally renowned multidisciplinary artist Carlos Betancourt to offer the first-ever NFT art collection designed for condo owners. 

“This significant investment in next-generation art aligns with our forward-thinking vision for the future of home ownership,” says Hernandez. “Whether our owners are already NFT collectors or new to the space, this first-of-its-kind offering will create memorable shared experiences for our residents while delivering added value to our buyer’s portfolios.”  

With a name synonymous with luxury real estate and decades of experience selling Miami, it is no surprise Cervera Real Estate is the exclusive sales and marketing agent for Nativvo and LOFTY. “It is truly an honor to partner with Harvey and help bring his vision to life,” says Alicia Cervera, managing partner. “We are excited to see the long-term impact of these game-changing towers.”

For more information about the property, please visit: https://www.loftybrickell.miami/

Newgard Development Group Locks Down $170 Million Construction Loan For LOFTY Brickell Home-Sharing Tower

Newgard Development Group has locked down a $170 million loan from 3650 REIT for its newest residential property, LOFTY Brickell. The closing follows an impressive sales launch, with 80% of the tower’s inventory under contract and groundbreaking set to commence Q4. This is the second loan from 3650 REIT for LOFTY - the first being last fall tied to the land acquisition. Cervera Real Estate is the exclusive sales and marketing for the tower.

“LOFTY is the most elevated offering in short-term rental ownership,” says Developer Harvey Hernandez. “Coupled with its waterfront location and next-level amenities, we’ve assembled a dream team of collaborations with artists and designers for limited-edition experiences and lifestyles for global buyers.”

“3650’s strategy of financing well-located multifamily properties with sophisticated sponsors who employ highly targeted, value-add business plans at unique locations dovetails well with the LOFTY project,” says 3650 REIT Co-Founder and Managing Partner Jonathan Roth. “We believe that the property’s unique business plan to accommodate short-term rental ownership will make it a ‘change winner’ in the post-pandemic South Florida market as more residents seek flexibility and convenience in their living arrangements, and we expect to see sustained long-term demand for these types of units. LOFTY’s prime location adjacent to Brickell City Centre and walkability score of 100 will also provide residents with convenient proximity to best-in-class retail, dining, office and hotel options. It was a pleasure to work with the Newgard team once more, resulting in a smooth transaction despite a difficult market environment. We look forward to working with the Newgard team to execute this exciting opportunity which will transform the Miami skyline.”

LOFTY will deliver fully finished and furnished turn-key residences purposefully designed and licensed to be shared. The 44-story tower features studio, one- and two-bedroom units alongside 40,000 square feet of thoughtfully curated amenities, including a private marina, waterfront dining, members-only social club, resort pool deck and fitness center, indoor/outdoor cigar lounge, coworking lounge and meeting rooms. Interiors are designed by NY-based INC, architecture by Arquitectonica, and landscaping by Urban Robot Associates.

The tower features the first-ever NFT art collective designed for condo owners, integrating digital art into the DNA of the new residential building, while transferring ownership of a custom NFT to each unit owner. In addition to the art collective, which launched with renowned Miami-based artist Carlos Betancourt, a group of branded residences known as LOFTY PH Collection recently unveiled in partnership with Artefacto, a global furnishings brand, and INC, the multi-disciplinary NYC studio responsible for the project’s interiors.

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