PPG Development Launches Kobi Karp-Designed Bay Harbor Towers in Bay Harbor Islands

PPG Development and L3C Capital Partners have launched sales for Bay Harbor Towers, an eight story luxury waterfront condominium located at 10143 East Bay Harbor Drive in Miami’s exclusive Bay Harbor Islands. Fortune Development Sales will lead the exclusive sales and marketing of Bay Harbor Towers with prices starting at $1.9 million. PPG Development and L3C Capital Partners previously secured a $70 million dollar construction loan with MSD Capital for the project.

The luxury waterfront project will feature a collection of 44 spacious flow-thru, two-to-four-bedroom private residences distinguished by open-concept living spaces meticulously designed to capitalize on stunning views of Biscayne Bay and the Atlantic Ocean. Positioned in a prime location on the Indian Creek waterway, Bay Harbor Towers offers owners easy access to several hotspots in the area including Bal Harbour Shops, Kane Concourse, and Miami Beach.

In addition to the standout indoor and outdoor lap pools, amenities also focus on health and wellness by offering hot/cold plunge pools for year-round aquatic activities, a spa complete with a sauna, steam room, massage treatment room, relaxation zone, and an advanced fitness center featuring equipment by Paragon Studio.

Beyond these impressive amenities, each residence in Bay Harbor Towers exudes luxury through its sophisticated design and details. Each unit offers a full chef's kitchen that blends both elegance and functionality. The gastro-sanctuary features European-made oak wood cabinetry with intricate fluted detailing and brushed brass fittings, complemented by marble countertops and backsplashes, as well as functional details such as wine fridges, oversized workstation sinks and gas stove cooking. Additionally, the bathrooms feature custom double vanities with marble countertops, porcelain flooring throughout, an oversized sculptural soaking tub designed for deep relaxation, and full-height glass-enclosed showers.

“PPG Development is very excited to introduce Bay Harbor Towers, a project curated around inspired living,” said Ari Pearl, founder of PPG Developments. “Bay Harbor Towers offers unmatched amenities that address the needs of residents such as a wellness center that rivals a five-star spa, the only full-length lap pool of its kinds in a condominium building, private marina and more, all within the privacy of an architecturally significant development nestled in the heart of Bay Harbor. At PPG Development, we take pride in delivering projects that feature intentional spaces designed with the buyers' lifestyles in mind.”

Bay Harbor Towers is also complete with a private marina and boat dock slips, the development boasts extensive outdoor amenities, including a rooftop infinity pool and sundeck with sun-loungers, daybeds, and cabanas, an open-air summer kitchen and dining area, and a relaxing hammock garden and lounge seating area.

“Bay Harbor Towers offers an exclusive lifestyle where every detail has been designed to enhance residents’ daily lives through thoughtful elements that manifest in every detail throughout the building,” said Edgardo Defortuna, President and CEO of Fortune International Group. “We're looking forward to how this luxury condominium will bring an elevated sense of living to the Bay Harbor community, expecting it to redefine luxury waterfront real estate in the area.”

An unparalleled residential destination, Bay Harbor Towers showcases architecture by the globally renowned Kobi Karp, interior design by Steven G., and landscape architecture by CLAD. Bay Harbor Towers boasts a distinctive design that effortlessly blends luxury and convenience. Residents enjoy a range of amenities, including private and semi-private elevator access to their personal foyers, expansive open-concept living areas ideal for family gatherings and entertainment, floor-to-ceiling windows that fill the interiors with an abundance of natural light, and generous East and West terraces that provide the perfect vantage point for witnessing both sunsets and sunrises. The building's design makes a strong visual statement, incorporating dark features that demonstrate a high level of care and attention to these spaces.

Tucked away from the nearby hustle and bustle of metro Miami, Bay Harbor Islands offer a tranquil and picturesque residential haven. This peaceful retreat, in close proximity to the city's most popular attractions, provides the best of both worlds. Thanks to its ideal waterfront location and spacious balconies that invite indoor-outdoor living, Bay Harbor Towers embodies the quintessential Miami lifestyle.

OKO Group's Vladislav Doronin Buys Fort Lauderdale Assemblage for $63 Million

A land trust controlled by OKO Group’s Vladislav Doronin, a billionaire real estate developer from Russia who is now has headquarters in New York and Miami, has acquired a 6.7 acre assemblage in Fort Lauderdale for $63 million. The acquisition was financed with a $33 million loan from Michael Dell’s MSD Partners. The assemblage is located just south of the New River and Las Olas Boulevard and includes 3 full blocks, 27 parcels, one of which includes the site of Dev Motwani’s 629 Residences, a 34-story, 251-unit apartment building at 629 SE 5th Ave. OKO Group is reportedly planning a pedestrian-oriented mixed-use development.

OKO Group has been on the move in South Florida. The news of the assemblage acquisition comes just one week after OKO Group announced that Vanessa Grout was appointed CEO of the newly formed OKO Real Estate which would oversee the OKO Group’s sales and marketing. OKO Group also recently broke ground on Una Residences in Brickell and announced the Aman Hotel & Residence in Miami Beach’s Faena District. Construction continues on the 830 Brickell office tower and Missoni Baia luxury condo building in Edgewater.

OKO Group Launches The AS+GG Designed 830 Brickell Office Tower In Miami's Financial District

OKO Group, the US-based development company founded by international real estate and hotel magnate Vladislav Doronin, and Cain International, a privately held real estate investment firm, have revealed plans for 830 Brickell, the first new office tower to launch in Miami in nearly a decade. The soaring 57-story, 724’-tall skyscraper designed by one of the world’s leading architecture firms, Adrian Smith + Gordon Gill Architecture (AS+GG), will introduce a premium commercial offering to the city’s booming financial district and will reinvent Miami’s workplace lifestyle for the highest-caliber of global workforce. Cushman & Wakefield’s leasing team is launching the marketing of the building to prospects now, ahead of 830 Brickell’s completion in 2021. A $300 million construction loan from MSD Partners, L.P. closed in July this year. 

“The 830 Brickell development, in its unmatched location, will enhance and elevate the commercial landscape of Miami, helping to attract world-players in finance and business to this thriving city. In my 26-year career as a developer I have built 71 commercial and residential buildings totaling over 75 million square feet, I am proud to be bringing what will be the best office building to Miami with 830 Brickell,” says Vladislav Doronin, Chairman and CEO of OKO Group. 

830 Brickell will feature spectacular only-in-Miami panoramic ocean and city views, floor-to-ceiling windows, column-free spans, state-of-the-art digital infrastructure with Wired certification and a LEED Silver certification due to its progressive environmentally efficient design. It will be Miami’s most contemporary office tower, befitting the city’s growth into an international capital of business. 

“Cain International is proud to lend our focus and experience developing properties that offer modern luxury workforce amenities to this auspicious project and to Brickell,” said Jonathan Goldstein, CEO of Cain International. “830 Brickell will reach the top of the Miami skyline and deliver the top level of amenities and services for its tenants.” 

830 Brickell will also be differentiated by its unprecedented lifestyle offerings for a commercial tower, which will promote out-of-the-box collaboration, work-life balance and wellness. Aimed at attracting the world’s largest companies and progressive visionaries, the project touts an elite roster of first-rate amenities – including an upscale rooftop restaurant and bar on the 56th and 57th floors, a 30th floor sky lobby with a nearly 2,500 SF health and wellness center and first-class conference facility, a 14th floor outdoor terrace designed by Enea Landscape Architecture, valet parking and electric vehicle charging stations, cafés and shopping. Offering white-glove customer service, the tower also boasts a forward-thinking culture of seamlessness, highlighted by a 24-hour concierge responsible for event planning and coordination, booking restaurant reservations, sending out dry cleaning, organizing deliveries and more. Additional services will include bicycle storage, a shoe shining stations and much more. 

830 Brickell will also feature a rooftop restaurant and bar offering sweeping views of downtown that will energize the building at night. Additional roof terraces will allow tenants to enjoy the Miami weather without being on the street level. The 30th floor sky lobby with café and fitness center offers more advantageous views to all tenants. 

Vertical construction on 830 Brickell is set to begin in the late summer of 2019 and already WeWork, the global leader in the surging co-working industry, has signed on to occupy 146,000 SF in the 1,030,000 SF tower.