First New Miami Building Breaks Ground in 2021
On Thursday, February 11th, Natiivo Miami - the first building purposefully designed, built and licensed for homesharing - officially broke ground in Downtown Miami. This event marked the first residential/hospitality groundbreaking post-pandemic and the first of 2021. The building, in the heart of Downtown Miami, is slated to top off in August 2022 and completion is projected for Q3 of 2023.
On Thursday, February 11th, Natiivo Miami - the first building purposefully designed, built and licensed for homesharing - officially broke ground in Downtown Miami. This event marked the first residential/hospitality groundbreaking post-pandemic and the first of 2021. The building, in the heart of Downtown Miami, is slated to top off in August 2022 and completion is projected for Q3 of 2023.
Hospitality entrepreneurs Keith Menin and Marisa Galbut, developers of Natiivo Miami, spoke alongside Mayor Suarez to brokers, friends and family to mark this revolutionary development’s milestone of forging ahead with construction. Remarks were also made by Russell Galbut, Managing Principal of GFO Investments; and leaders from Natiivo’s exclusive sales team, Cervera Real Estate, including Alicia Cervera, Managing Partner; Ali Paysse Cervera, Sales Director; and Jesse Ottley, President of Development.
Guests enjoyed live music by Brothers of Others, and coffee, pastries and light bites by Natiivo Miami’s culinary partners, Bodega and Dolce Italian.
After coming to market in the summer of 2019, Natiivo™ Miami’s exclusive sales team, Cervera Real Estate, has successfully sold over 60 percent of the Natiivo™ Miami residences. The team has leveraged its knowledge of the Miami market and international experience, selling over 220 units in 2020, despite facing unprecedented circumstances.
Natiivo™ Miami is a vertically-integrated community that incorporates 448 condominium residences, 140 condominium hotel residences, a 100 unit hotel, a private social club called Natiivo™ Social, with 70,000 plus square feet of amenities, with a culinary experience curated by LDV Hospitality, and Creative HQ that includes 127 for-sale office condos, all under one roof. The development recently announced the addition of three coveted Miami brands, Dolce Mercato, also from LDV Hospitality, offering authentic Italian cuisine with the feel of a sophisticated food hall and the charm and service of a sit-down restaurant; Bodega Taqueria, South Florida’s iconic spot known for its authentic Mexican street food; and Gale Miami Hotel and Residences, the third Gale Hotel property in South Florida.
“With the migration to South Florida and the recent announcements of high-profile tech and finance companies relocating to and expressing interest in Miami, the continued growth of Downtown is imminent,” said Keith Menin. “We are confident that Natiivo™ Miami will play an integral role in this growth and are excited to forge ahead in construction. We’re optimistic for 2021 and hope to set the tone for the Downtown Miami market with the first groundbreaking of the year.”
Mondrian South Beach Celebrates Reopening Revealing $20 Million Renovation And Baia Beach Club
The Mondrian South Beach has reopened, revealing its $20 million renovation and Baia Beach Club. The 220-room hotel, which is located at 1100 West Ave. in Miami Beach, recently completed a complete renovation including lobby, pool area, gym, spa, restaurant, event space, common areas and guest rooms. The renovation was designed by Peter Oleck and Danny Cubes of OS Design Group.
The Mondrian South Beach has reopened, revealing its $20 million renovation and Baia Beach Club. The 220-room hotel, which is located at 1100 West Ave. in Miami Beach, recently completed a complete renovation including lobby, pool area, gym, spa, restaurant, event space, common areas and guest rooms. The renovation was designed by Peter Oleck and Danny Cubes of OS Design Group. The Mondrian South Beach also revealed the Baia Beach Club, a members-only club located within the hotel which is overseen by LDV Hospitality. Baia Beach Club offers a new dining concept, multiple areas for dining and entertainment throughout, seaside cabanas and pavilions, boat dockage, access to a full-service wellness facility, a fitness center, curated programming, and exclusive member-only events.
“Since partnering with Russell Galbut, I knew this property deserved a complete makeover. As the audience of the hotel grows up, so should the property. Whether visiting as a Baia Beach Club member, dining at our bayfront restaurant or staying in one of our new guest rooms, Mondrian South Beach will be a new and exciting experience for all,” said Mondrian South Beach co-owner Michael Liebowitz, CEO and founder of Harbor Group Consulting.
The Mondrian South Beach was originally designed by Marcel Wanders and first opened in 2008. In December 2019 Michael Liebowitz acquired 50% of co-owner Russell Galbut’s stake in the hotel for an undisclosed amount.
Mondrian South Beach is one of five hotels worldwide carrying the Mondrian name, which as launched in 1996 by SBE. Other Mondrian hotels currently include Los Angeles, New York, Doha and Seoul, with future locations opening in Bordeaux and Cannes in 2021. In November 2020 Sam Nazarian’s sold the remainder of his 50% stake in SBE Entertainment Group to the Paris-based Accor, who had previously acquired an initial 50% stake in the company in 2018. The acquisition included a $300 million investment from Accor who will take ownership of all hotel operations including Mondrian, SLS and Delano hotel brands. Nazarian will focus on food and beverage operations through SBE’s Disruptive Restaurant Group.
Mast Capital and BH Group have announced Raffles Residences Coconut Grove, the brand’s first standalone residential development, with 35 homes from $4.5 million and architecture by Brandon Haw.