Foundation Pour Completed at Twenty Sixth and 2nd Wynwood Residences

Twenty Sixth & 2nd Wynwood Residences, an eight-story boutique residential building in the heart of Miami’s thriving Wynwood arts district developed by PMG and LNDMRK Development, has officially completed its foundation pour. Led by John Moriarty & Associates, the pour occurred over a month-long period beginning on June 1st.

Twenty Sixth & 2nd Wynwood Residences is set to transform the Wynwood market with a first-of-its-kind offering that will grant owners the ability to host their home and office 365 days a year on Airbnb* and includes dedicated office suites for select residences. As Wynwood continues to evolve and new live/work concepts are being introduced in the market, we wanted to see if you’d be interested in covering this construction milestone.

General contractor John Moriarty & Associates completed the foundation pour for Twenty Sixth and 2nd Wynwood Residences, a significant milestone for the project as well as a marker for the continued growth of Wynwood. The pour began on June 1st and ended in the last week of June. Notably, the majority of the concrete was poured on June 8, followed by crane installation the following week. Completion of Twenty Sixth and 2nd Wynwood Residences is slated for Q2 2028.

Developed by PMG and LNDMRK Development, Twenty Sixth & 2nd Wynwood Residences is a luxurious eight-story boutique residential building set to rise in the heart of Wynwood. Located at 2600 NW 2nd Avenue, this landmark project will consist of 233 fully finished and furnished residences, delivered with dedicated office suites for select residences. As a first-of-its-kind offering, Twenty Sixth & 2nd Wynwood Residences will grant owners the ability to host their home and office 365 days a year on Airbnb.*

Designed by Cube 3, with interiors by Cotofana Designs, Twenty Sixth & 2nd Wynwood Residences will exhibit an exceptional caliber of design and exclusivity across its selection of studio and one-bedroom residences with spacious dens in select residences. The property will also offer over 32,000 square feet of amenities focused on residential wellness and well-being, complemented by 26,000 square feet of prime retail space on the ground floor, with approximately 475 feet of linear frontage.

Images via PKS Productions | Renderings via ARX Creative

*Hosting is subject to local laws and other restrictions. Office suites may not be listed on Airbnb independently. Any listing of an office suite on Airbnb must include the associated residential unit and cannot be listed separately from their corresponding residence.

Past PROFILEmiami articles about Twenty Sixth & 2nd Wynwood Residences:

For more information about Twenty Sixth & 2nd Wynwood Residences or to inquire about purchasing a unit please fill out the form below:

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:

Construction On Miami's First Supertall Tower 'Waldorf Astoria Hotel & Residences Miami' Progressing At One Floor Per 10 Days

Construction is progressing swiftly at PMG’s Waldorf Astoria Hotel & Residences Miami, an iconic project poised to redefine the Miami skyline as the city’s first supertall tower. This architectural marvel will stand 100 stories tall and reach heights of 1,049 feet, making it the tallest residential building south of New York City. As of now, construction has successfully progressed with the pouring of 19 floors, averaging one floor every ten days. The team has recently commenced work on the pool level, with the amenity level to follow shortly. Additionally, the installation of the glass facade for the first cube of the tower is currently underway.

The construction is managed by John Moriarty & Associates, with PMG leading the development in partnership with Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development, and the prestigious hospitality firm Hilton, which secured a $668 million construction loan in June 2024.

Situated at 300 Biscayne Boulevard, Waldorf Astoria Hotel & Residences Miami will consist of 387 private residences and 205 luxurious guest rooms, providing breathtaking 360-degree views of Downtown Miami, Miami Beach, and the Atlantic Ocean. The project's innovative design features nine spiraling, offset glass cubes wrapped in a striking "glass skin," setting it apart from any other structure on the East Coast. Conceptualized by Sieger Suarez Architects in collaboration with renowned architect Carlos Ott, this extraordinary tower embodies modern luxury.

The hotel component will occupy the first three cubes, showcasing the iconic Waldorf Astoria brand's signature spaces and private amenities. Guests and residents will enjoy a wide array of features, including the famed Peacock Alley, a specialty restaurant, versatile event spaces, meetings and boardrooms, and a resort-style pool deck with private cabanas. A holistic wellness spa and fitness center will also be available for relaxation and rejuvenation.

Private residential amenities will ensure an elevated living experience, featuring an exclusive owners-only lobby and lounge, a hospitality suite for intimate gatherings, a billiard room, a children's club, and an elevated pool deck. Each residence will be equipped with cutting-edge smart-home technology, providing custom mobile app access to a host of concierge services—from dining reservations and 24/7 room service to spa treatments and dog walking services.

Managed by Hilton Management Services, Waldorf Astoria Residences Miami promises to deliver an unparalleled level of service and refined living experience, making it a true haven for both residents and guests alike.

Images via John Moriarity & Associates & ARX Creative

For more information about Waldorf Astoria Hotel & Residences Miami or to inquire about purchasing a unit please fill out the form below:

Ytech Reveals Antonio Citterio Patricia Viel-Designed 70-Story Partially Solar Powered Condo Tower 'The Residences at 1428 Brickell'

1428 Brickell, LLC, a subsidiary of Miami-based real estate development firm Ytech, has revealed The Residences at 1428 Brickell, a 70-story iconic centerpiece of the quintessential Miami skyline, located at one of the most prestigious addresses on Miami's Brickell Avenue. The building will be the first ever high-rise residential tower using solar energy and is designed by architecture and interior design firm ACPV ARCHITECTS and international architecture firm Arquitectonica. The distinctive architecture and design of this private, residential property includes a limited collection of 189 homes priced from $2 million to $7 million, including a Penthouse Collection priced from $8 million to over $40 million. Cervera Real Estate serves as the sales team representing the property. Among the most prolific luxury condominium builders in the country, John Moriarty Associates (JMA) is the general contractor for The Residences at 1428 Brickell.

The Residences at 1428 Brickell will be the world’s first luxury, high-rise residential tower to integrate photovoltaic glazing within the building’s façade. This solar energy feature is deftly blended into the building’s architectural aesthetic, expressing the importance of sustainability and carbon reduction along each of its 70 floors. Since the solar cells are integrated into the glass, the effective lifespan of the panels can match the window itself. The property will feature 500 photovoltaic-integrated windows along the west-facing façade, creating a “Solar Backbone” comprising nearly 20,000 square feet of energy-producing glass. With this orientation and permanently installed generating capacity, the system is capable of producing up to 170,000 kilowatts, or 170 megawatts, of clean energy per year. This is intended to result in the reduction of approximately 4,700 tons of CO2 and the use of 3,000 barrels less of oil. Ytech has selected award-winning firm Cosentini Associates as the property’s expert solar energy consultant to implement this technology into The Residences at 1428 Brickell.

“Over a decade of planning and market research has come to fruition with The Residences at 1428 Brickell. Ytech’s vision is to create residential sanctuaries in an urban environment where design is driven first and foremost by resident experience and needs,” said Yamal Yidios, CEO of Ytech. “Complemented by impeccable architecture and advanced engineering, a remarkable combination of form and function, The Residences at 1428 Brickell will become iconic in delivering an unparalleled, service-oriented living experience.”

Ytech has selected a world-class team of artisans, designers, architects and engineers who understand the nuances of architecture, space, objects and human interaction to conceptualize and deliver a truly exceptional residential product. The concept for The Residences at 1428 Brickell was developed based on market research gathered from more than 250 luxury residential and hotel properties globally and interviews with three dozen renowned architects and designers. As a result, the property was created with the owner’s experience and privacy at the forefront of every decision, making The Residences at 1428 Brickell not only beautiful to behold but ideal to live in. The end result – meticulously curated residences with thoughtfully crafted amenity spaces and private areas throughout the building that will deliver a perfect balance between beauty and functionality. These exclusive and private residences are focused on empowering owners with a sense of privacy, safety and individuality.

Led by CEO Yamal Yidios, Ytech is ​​inspired by great thinkers, creators and innovators, and this inspiration has been woven into each intentionally conceived detail of The Residences at 1428 Brickell. Through the firm’s in-depth market research, design vision and meticulous execution, complemented by Yidios’ background as an engineer and internationally influenced perspective, The Residences at 1428 Brickell have been crafted with intelligence and artistry to create an instant, lasting sense of belonging for all who call it home.

Alongside world-renowned architecture and interior design firm ACPV ARCHITECTS and international architecture firm Arquitectonica, Ytech has meticulously designed a perfect balance between form and function without compromise. Over the years, ACPV ARCHITECTS has designed some of the world’s most iconic projects including the Bulgari Hotel Paris, Arte Surfside in Miami Beach and La Bella Vita high-rise in Taiwan among others. ACPV ARCHITECT’S vision for the interior spaces emerges from the firm’s penchant for designing the art of living, with a unique micro and macro perspective, making The Residences at 1428 Brickell a living space where emotion and intellect combine to produce the highest quality of life.

“For the tower’s interiors, we selected furniture, materials, textures and colors that create an ambiance of informal luxury,” said Patricia Viel, CEO of ACPV ARCHITECTS. “Throughout the property’s amenity spaces we integrated pieces of furniture from a selection of world-renowned Italian and international designers, focusing primarily on earth tones to bring nature inside the building while simultaneously celebrating the joyful feeling of spending time outdoors in the company of your loved ones.”

“The architecture and interior design of The Residences at 1428 Brickell fuse seamlessly to make residents feel welcome and at ease from the moment they enter the building. Imagining how owners would use each space within the property was the guiding principle of our design for the interiors,” said Antonio Citterio, chairman of ACPV ARCHITECTS. “For example, we designed large amenity spaces to act as an extension of residents’ private living areas, such as the dining area, pool, bar and wine cellar, and integrated full-height windows in the lobby to offer uninterrupted views of the striking Brickell skyline, bridging the gap between indoors and outdoors.”

The Residences at 1428 Brickell's limited collection of residences will be fully finished with two- to four-bedroom plus den units ranging from 1,800 to 4,000 square feet. The Penthouse Collection residences range from 4,000 to 10,000 square feet. The residences showcase stunning water views and have been thoughtfully created with a true flow-through configuration to maximize light. A significant portion of residences within the property are two-stories, creating the feeling of a single-family home in the sky.

The Residences include high-quality, contemporary finishes and one-of-a-kind Antonio Citterio-designed signature pieces. Further highlights include deep sunrise and sunset terraces with a summer kitchen; two private elevators and a foyer per residence with double door entry including a compartment for in-room dining deliveries and private storage on each level. Encompassed by Rimadesio glass enclosures, standard residences will feature Italian Arclinea kitchens with 11-foot ceilings, while penthouse residences will include limited production Vaselli kitchens and 12- to 30-foot ceilings.

Over 80,000 square feet of amenity space will adorn The Residences at 1428 Brickell. Located 860 feet in the sky, Ytech dedicated five of the eight amenity levels within the top of the tower which will be home to curated private and shared spaces showcasing stunning, panoramic city views.

Level 70, a rooftop pool and atrium, features a pool with direct sunlight exposure; a hot spa and daybed lounging area; and a sky atrium offering a serene, lush greenhouse experience surrounded by foliage.

Level 67 includes a world-class, two-story wine and fine art lounge. The level also features state-of-the-art office suites with private offices and lounge; private dining room with a jewel Vaselli kitchen, ideal for entertaining, private cooking classes or catering; an owner’s lounge with expansive seating for entertaining and a full bar featuring craft cocktails and culinary delectables. Additional services include an on-site beverage director and sommelier as well as private a la carte catering and event services.

Level 66 features an expansive 10,000 square foot gym with weight room, HIIT room and an indoor/outdoor yoga room; a juice and wellness bar offering healthy pre and post-workout food and beverage options; and an immersive spa featuring a meditation room, infrared sauna, steam room, cold and hot plunge pools, treatment rooms, beauty suite and barbershop. Services on this level include a wellness concierge available to assist in scheduling personal training, spa and beauty treatments, nutritional coaching and IV treatments.

Level seven offers a family-focused environment featuring a pool with shallow wading area and poolside cabanas; aquatic therapy area with a stationary exercise lap pool; children’s recreation and learning center featuring indoor and outdoor areas with splash pools, interactive playgrounds and creativity rooms; cinema screening room and a teen’s room. Fully furnished, private guest suites will be available on level eight.

The building’s entrance and arrival lounge features an impressive porte-cochere and access control facility creating a welcoming, immersive arrival experience that includes a library with wine and food options for residents and their guests. Additional services include reception, valet and porter; bellman and doorman services, and a pet facility with grooming area, and in-unit package delivery, among other amenities.

AMLI Residential Breaks Ground On The Arquitectonica-Designed Multifamily Development AMLI Wynwood

AMLI Residential has broken ground on AMLI Wynwood, a mixed-use multifamily development which is one of the largest projects to break ground in the trendy neighborhood as new zoning has attracted multifamily developers. AMLI Wynwood is designed by Arquitectonica and will rise 8-stories, spanning 550,000 SF of total development. AMLI Wynwood will feature 316 luxury apartment units with 33,821 SF of ground floor commercial space and 388 parking spaces. Amenities will include a rooftop pool deck, yoga lawn, dog park and barbecue area. John Moriarty & Associates is the general contractor for the project. AMLI Wynwood is located at 70 NW 25th St. on a 2.18-acre site which AMLI Residential acquired for $35 million in January 2020 from David Edelstein.

Target & Aldi Coming To Block 55 In Downtown Miami

Target and Aldi have been announced as the first tenants at Block 55 in Overtown, just across the street from Virgin Train’s 3 MiamiCentral. The megaproject will feature 355,000 SF of retail space, 1,050 parking spaces and 506 apartment units designed by Arquitectonica. Target will occupy 51,088 SF of ground floor retail in addition to bringing a CVS Pharmacy and Starbucks. Other tenants are expected to include Aldi, Dave & Busters, Burlington, Ross, Ulta, and Youfit. Construction is expected to begin in March 2020 with a projected completion in 2023. John Moriarity & Associates as the general contractors.

Two Roads Development’s Elysee Tops Off In Edgewater

Two Roads Development and John Moriarty & Associates has officially announced the top off of Elysee, their luxurious new waterfront condo in Edgewater that now rises 57-stories, 649’. Elysee is now the tallest tower in Edgewater and roughly the 10th tallest tower in Miami. The Arquitectonica-designed tower’s striking three-tiered telescoping shape ascends into the sky, creating a bold, multi-tiered silhouette providing direct 180-degree water and city views from every residence. Elysee’s interior design concepts were designed by Paris-based designer Jean-Louis Deniot, one of the world’s preeminent talents in interior design, who is behind the building’s common area amenity spaces. Elysee features 100 residential units which span either a half floor or full floor with pricing ranging from $1.8 million to over $10 million. Completion is scheduled for 2020.

Elysee’s 7th-floor amenity level will include a luxury spa with private sauna, steam and massage rooms. For large-scale entertaining is Elysee’s Owners’ Sky Lounge, which encompasses the building’s entire 30th floor level and will be home to a big comfortable media room. Residents can also offer overnight visitors their own private accommodations in one of the building’s guest suites which were also designed by Jean-Louis Deniot. The two fully-furnished guest suites can be utilized by resident reservation only on a first come first serve basis. Similar to a hotel suite, guests would receive their very own key and elevator code, while also having access to all of the building’s amenity spaces.

For more information please visit the sales center at 2955 NE 7th St., Miami, call 305-768-9719 or visit www.elyseemiami.com.

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

The Arquitectonica-Designed Elysee Begins To Take Shape In Edgewater As Construction Passes The Halfway Point

Edgewater’s newest luxury high-rise to grace the Miami skyline is reaching new heights. Vertical construction of Two Roads Development’s Elysee condominium, a 57-story waterfront glass tower designed by Arquitectonica rising along Biscayne Bay in Downtown Miami’s Edgewater neighborhood, has surpassed the halfway mark. The building’s general contractor, John Moriarty & Associates of Florida, has reached the skyscraper’s 35th floor, with about one full level expected to be completed every week going forward until top-off later this year in November. Delivery of the 649’-tall building is slated for 2020.

Designed by legendary architect Bernardo Fort-Brescia of Arquitectonica, Elysee’s striking three-tiered telescoping shape will grow larger as it ascends into the sky, creating a bold, multi-tiered silhouette providing direct 180-degree water and city views from every residence. The tower’s sophisticated common areas are the creation of Parisian designer Jean-Louis Deniot, one of the world’s preeminent talents in interior design, who has taken cues from Fort-Brescia’s designs to create “classical contemporary” interiors that are serene, elegant and dramatic.

“At first sight the tower feels daring and maybe even whimsical when in fact it is a monument to rationality,” said Bernardo Fort-Brescia, founding principal of Arquitectonica. “In this era of technology, Elysee’s design challenges gravity and announces the triumph of man.”

“Once complete, Elysee will be a retreat in the center of one of the most desirable parts of Miami,” said developer Reid Boren, managing partner of Two Roads Development. “Elysee’s boutique exclusivity, idyllic bayfront location, commanding views and world-class amenities will brand it as a standout property for a long time to come.”

Priced from about $1.8 million to upwards of $10 million, Elysee’s 100 half-floor and full-floor residences range from three- to six-bedroom layouts measuring between 2,200 and 5,550 SF in size. Units include floor-to-ceiling glass windows and sliding doors, private elevators and foyers, 10 to 12-foot ceiling heights, designer finishes and fixtures, premium appliances, top-of-the-line Italian cabinetry, and flow-through floorplans with 2-terraces for sunrise and sunset views. Amenities include 2 resort style pools, a health club with state-of-the-art fitness center, yoga studio, spa with sauna, steam and shower facilities and private massage rooms, exclusive entire 30th floor Owners Sky Lounge featuring a great room, a grand salon entertainment area with a full bar and piano lounge, grand dining room, wine room, chef’s kitchen, library, and Elysee Attaché, a premium concierge service that will be available to residents 24/7 for travel arrangements, dinner reservations, concert and event tickets, etc.

Construction On Two Road Development's 57-Story Elysee Miami Passes 18th Floor In Edgewater

Construction at Two Roads Development’s Elysee Miami, the 98-unit, 57-story condominium project rising at 788 NE 23rd Street along Biscayne Bay, has reached the 18th floor after breaking ground in December 2017. When completed Elysee will rise 648’ tall and will be one of the tallest condominium towers in Downtown Miami. John Moriarty & Associates is the general contractor on the project. Elysee is expected to be completed in 2020 and is being developed in partnership with the New York-based DW Partners. Sales at Elysee have reportedly been steady and the tower is roughly 50% sold. As the development team looks to sell the remaining residences over the next 18 months, Douglas Elliman Development Marketing has taken over as the exclusive sales and marketing team for the tower which was previously overseen by Cervera.

In February Two Roads Development will open a new sales gallery in the nearby Biscayne Beach Residences, which they developed and delivered in 2017. The sales center which will encompass 5,500 SF of indoor and outdoor space with panoramic views of Biscayne Bay and will also feature high ceilings, emulating a finished residence at Elysee Miami and offering prospective buyers a preview of the elegant designs created by interior designer Jean-Louis Deniot.

Elysee was designed by architect Bernardo Fort-Brescia of Arquitectonica with a unique, 3-tiered telescoping shape and will provide direct 180-degree bay and city views from every residence. The tower’s elegant design concepts are the creation of Paris-based designer Jean-Louis Deniot, one of the world’s preeminent talents in interior design, who has imagined the building’s common area amenity spaces.

Elysee will feature 98 half-floor and full-floor residences priced from $1.5 million to $14 million and ranging from 2,300 SF to over 4,000 SF. Luxury residences at Elysee will include floor-to-ceiling glass windows and sliding doors, private elevators and foyers, 10' to 12' ceilings, designer finishes and fixtures, premium appliances, top-of-the-line Italian cabinetry, as well as two expansive east/west-facing terraces with 180-degree sunrise and sunset views. Interiors were designed by Paris-based interior architect and designer Jean-Louis Deniot. The 7th floor will feature an amenity deck which will include a resort-sized lap pool with a poolside refreshment bar, outdoor summer kitchen and barbecue terrace; waterfront fitness center and yoga studio; spa facilities with private sauna, steam and massage rooms; children’s lounge; and a blow-dry bar. The 30th-floor will feature an Owners Sky Lounge with Grand Salon lounge area and full bar; a Grand Dining Room with seating for up to 30 guests; a professional-grade chef’s kitchen and chef’s table; and a library/private theater, game room, and wine room.

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

Crescent Heights Proposes 60-Story Mixed-Use Project At 1370 NE 2nd Ave. In Downtown Miami

Crescent Heights is nearing a final agreement to bring a 60-story mixed-use project to 1370 NE 2nd Ave. The proposal is expected to bring 1,100 residential units split between condos and rentals, 100,000 SF of office space and 1,100 parking spaces. The office space will be used by Miami-Dade County Public School Board and 600 parking spaces to be dedicated to the Omni Community Redevelopment Agency. The proposal was designed by Perkins + Will and John Moriarity & Associates would be the general contractor. In March 2017 details surfaced that Crescent Heights had put a $64 million purchase value on the 1.13 acre site. The deal would represent $40 million in cash and $24 million in paid in-kind consideration. Crescent Heights is led by Chairman and CEO Sonny Kahn, Managing Principal Russell Galbut and principal Bruce Menin.