Melo Group Completes $40 Million In Penthouse Sales In Past 90 Days At Aria Reserve

As penthouse demand skyrockets across South Florida, Melo Group, the developers behind Miami’s Aria Reserve twin tower luxury condominium development, have completed $40 million in penthouse sales at the project’s South Tower over the last 90 days.

As penthouse demand skyrockets across South Florida, Melo Group, the developers behind Miami’s Aria Reserve twin tower luxury condominium development, have completed $40 million in penthouse sales at the project’s South Tower over the last 90 days. All 12 of the tower’s single-story penthouses are now under reservation, with only five soon-to-be-released tri-level penthouse mansions remaining available for purchase. More than 40% of the first tower’s 391 residences have already been sold since sales launched in June, with more than half of its buyers hailing from domestic markets within the United States. Situated on five acres fronting Biscayne Bay in Miami’s Edgewater enclave, Aria Reserve’s 62-story towers will mark the tallest waterfront dual tower residential development in the United States. Construction of the project’s South Tower is expected to begin in early 2022, with completion slated for 2024.

Aria Reserve’s limited collection of penthouses residences each come with its own one-of-a-kind private three-car garage vault. The 12 now-sold single-story penthouses, which range between 3,500 to 3,800 square feet in size, captured prices between $3 million and $3.5 million. Five remaining tri-level penthouse mansions, which measure between 5,000 and over 7,000 square feet, all feature private rooftop decks with pools and summer kitchens and are priced up to $12 million.

“Aria Reserve’s penthouse collection includes everything Miami’s most discerning buyers are looking for – privacy, space, access to an abundance of outdoor amenities, and, of course, some of the best waterfront views in Miami,” said Carlos Melo, Principal of the Melo Group. “One of the major selling points for our penthouses is our unique ‘garage vault’ which gives residents access to their own private climate-controlled and secure three-car garage within the building’s larger parking facility – a distinctive feature that has been especially popular among homeowners who are transitioning to condo living.”

Non-penthouse residences at Aria Reserve will include one- to four-bedroom floorplans measuring between 1,100 and 2,600 square feet in size. Prices range from about $850,000 to just over $2 million, at an average of approximately $850 per square foot.

Every residence will include two private or semi-private elevators, a dedicated office/bonus room, at least 10-foot-high ceilings, and open flow-through layouts with up to 11-foot-deep expansive terraces boasting unparalleled sunset views to the west and bay and ocean views to the east.

“Over the last few months, we’ve seen incredible demand for our penthouse residences, as buyers look to downsize from large houses and upgrade to amenity-rich and convenient luxury condo living,” said Martin Melo, Principal of the Melo Group. “Aria Reserve’s spacious penthouses are like waterfront homes in the sky designed and built for residents to live in and utilize year-round. Although we’ve already sold the entirety of our lower penthouse inventory, some of the most beautiful residences in the building – our five tri-level upper penthouse mansions – will be released to the market very soon.”

Aria Reserve has been architecturally designed by Bernardo Fort-Brescia of Arquitectonica, with interiors by MORADA Haute Furniture Boutique, and lush landscaping by ArquitectonicaGEO.

The development will boast over two acres of amenities, with standout features including a semi-Olympic sized lap pool and whirlpool spa, a children’s splash pad, playground area, teen lounge and gaming center, a theater, tennis courts, basketball courts, paddle courts, a golf putting green, and an indoor/outdoor wellness center with spa/steam/sauna facilities, massage rooms, a state-of-the-art gym, yoga lounge and meditation garden.

The building will also feature a double-level 25-foot lobby, a signature waterfront restaurant and café, two additional pool and lounge areas with two Jacuzzis and poolside daybeds, a fire pit, a dog park, and a telescope observatory area looking out over the bay. Residents will also have access to a custom-designed watersports dock with available paddleboards, kayaks, and inflatables.

On the ground floor along 23rd Street, Melo Group is developing a public park with open green space that will connect to the Miami Baywalk, providing direct access to the 5-mile-long pedestrian and bicycle-friendly waterfront promenade which runs along Biscayne Bay from Edgewater, around Brickell Key, and all the way to Brickell Bay Drive in Brickell.

Situated along the bayfront just north of Downtown Miami, nestled between the Venetian and Julia Tuttle Causeways – the two main arteries connecting the City of Miami and Miami Beach – Edgewater has fast-emerged as the epicenter of the new Miami. The surrounding neighborhoods of Downtown’s Arts & Entertainment District, Miami Design District, Wynwood Arts District, Midtown Miami, and Miami Beach put residents within blocks of dozens of luxury retail shops, high-end restaurants and world-class arts and culture venues.

Aria Reserve’s preconstruction sales model allows for 30-percent-down deposits for domestic U.S. buyers, and 40-percent-down deposits for international buyers. Under this model, payments are staggered with 10 percent deposits made at varying stages throughout the course of the development’s construction, from the reservation/contract stage all the way to top-off, with the remainder of the unit’s value due upon completion/closing.

Aria Reserve benefits from the development expertise of the Melo Group, one of South Florida’s preeminent residential development firms with a portfolio of more than 6,000 total luxury condominium and high-end rental units completed throughout Greater Downtown Miami. The firm is one of Downtown Miami’s most prominent long-term investors and landowners, having found success by investing early in prime real estate and building for market demand. Over the last two decades, Melo has delivered more than a dozen residential towers across Miami’s Central Business District, Edgewater, Miami River, and Arts & Entertainment District neighborhoods.

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Cymbal Development Tops Off Oasis Pointe Residences In Dania Beach 6 Months After Breaking Ground

Cymbal Development and DLT Global have topped off Oasis Pointe Residences in Dania Beach, just 6 months after breaking ground on the project. Plaza Construction is the general contractor on the multi-unit waterfront apartment complex which set to open Spring 2022.

Cymbal Development and DLT Global have topped off Oasis Pointe Residences in Dania Beach, just 6 months after breaking ground on the project. Plaza Construction is the general contractor on the multi-unit waterfront apartment complex which set to open Spring 2022. Oasis Pointe Residences is part of Cymbal Development's $1 billion+ development pipeline slated for Broward County.

Cymbal Development, led by Asi Cymbal, and DLT Global, led by Hector Torres, were joined by elected officials and public servants including Broward County’s Vice Mayor Michael Udine, Dania Beach Mayor Tamara James, Vice Mayor Marco Salvino, Dania Beach City Commissioner Joyce Davis, former Mayor Bobbie Grace, former Commissioner Bill Harris, Development Director Eleanor Norena, Special Permitting Coordinator Tammie James, and the Executive Director at Dania Beach Community Redevelopment Agency Michael Chen.

To mark the occasion, the final piece of the structure was hoisted into place atop the highest point of the building accompanied by a small money tree from the property as confetti cannons were launched and a giant American flag waved in the background. After the ceremony, the tree was brought down safely to be replanted in the meditation garden at Oasis Pointe Residences.

A 2.4-acre waterfront complex, Oasis Pointe Residences will serve as the area’s first waterfront apartment building with 301 units, thoughtfully designed details, and exceptional indoor and outdoor amenities to create fresh-air havens of relaxation and retreat in a post COVID-19 world. The living spaces of the building will feature a mix of studios, one, two, and three-bedroom luxury apartments with open floor plans and modern features.

The residential design of the luxury indoor and outdoor living spaces responds to the timely demands for better natural ventilation, lighting, and fresh air quality while the amenities seek to enhance the mental and physical well-being of residents.

Inspired by the surrounding water and nature, key amenities and features of the eight-story building will include: butterfly and meditation gardens; a boat club; a waterfront boardwalk with a 19-slip marina; a Zoom lounge with private office suites and workstations; an outdoor lap pool; a fire pit with outdoor BBQ and picnic areas; a state-of-the-art, open-air fitness facility and yoga studio; an indoor lounge and game room; a dog park; and air purification, sterilization, and ionization systems that are 99% effective against COVID-19.

“We are grateful for this opportunity to build an amazing project in Dania Beach, on the water, and adjacent to the myriad of dining, shopping, and entertainment options of Dania Pointe. We are here to make a significant and positive impact on the community and on this great city. We love Broward County and are looking forward to completing our $1 billion development pipeline in Broward County!” said Asi Cymbal.

Located at 150 South Bryan Road in Dania Beach with easy access to I-95 and I-595, Oasis Pointe will be in close proximity to the Fort Lauderdale-Hollywood International Airport, Port Everglades Cruise Port and the corporate headquarters of Spirit Airlines and Chewy. It is adjacent to Dania Pointe, a new mixed-use development that features premier shopping and dining options, commercial spaces, and a dual-branded hotel.

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Master Brokers Forum Listing: Take A Look Inside A North Pinecrest Italianate Home Asking $4.488 Million

Master Brokers Forum: Nestled in a tropical oasis of mature oaks and lush verdant landscaping, Master Brokers Forum member Elena Bluntzer presents this sprawling, one-story Italianate home with 7,891 square feet sitting majestically on a builder’s acre in the heart of North Pinecrest.

Master Brokers Forum: Nestled in a tropical oasis of mature oaks and lush verdant landscaping, Master Brokers Forum member Elena Bluntzer presents this sprawling, one-story Italianate home with 7,891 square feet sitting majestically on a builder’s acre in the heart of North Pinecrest. This perfect family home is located just minutes from excellent restaurants, shopping, and the best schools in country. The grand estate is ready to move in and boasts numerous upgrades, including hurricane impact glass doors and windows, a sprawling layout, and volume ceilings. For the most discerning buyer that prefers a classic Mediterranean style, this walled grand estate is the best property on the market today. Easy ingress and egress from the most sought-after neighborhood of grand homes in Florida.

9226 SW 67th Ave., Pinecrest is currently listed for $4,488,000 with Elena Bluntzer of ONE Sotheby’s, who can be reached at 305-992-7987 and/or ebluntzer@onesothebysrealty.com.

The Master Brokers Forum is a local network comprised of South Florida's elite real estate professionals. Learn more at www.MasterBrokersForum.com.

Images via Elena Bluntzer/ ONE Sotheby’s International Realty

This article was produced in partnership with Master Brokers Forum

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Check Out The Spectacular Views From The Luxurious Artefacto-Designed Penthouses At PARAMOUNT Miami Worldcenter

Stacking up against the competition, the recently completed PARAMOUNT Miami Worldcenter, is soaring to new heights with its exclusive Penthouse Collection Series. Every residence at PARAMOUNT features unparalleled views and every imaginable luxury within also known as the most amenitized building in the country.

Stacking up against the competition, the recently completed PARAMOUNT Miami Worldcenter, is soaring to new heights with its exclusive Penthouse Collection Series. Every residence at PARAMOUNT features unparalleled views and every imaginable luxury within also known as the most amenitized building in the country, with access to 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio and much more.

PROFILEmiami offers an exclusive look into the Artefacto-designed penthouses perched high-atop the luxury condo tower. Unit 5312 offers 4 bedrooms and 5 bathrooms spread over 3,312 SF. The residence is asking $3,999,000. The unit comes fully furnished by Artefacto without the artwork. The residence is listed with Peggy Olin of One World Properties.

Penthouse 5202 is also a 4 bedroom 5 bathroom residence spread over 3,292 SF asking $4,190,000. The unit also comes fully furnished by Artefacto without the artwork. The residence features vast balcony space in excess of 400 SF offering spectacular views of Downtown Miami. The residence is listed with Peggy Olin of One World Properties.

PARAMOUNT Miami Worldcenter located inside the massive Miami Worldcenter project in the heart of downtown Miami. The nearly sold-out project has more then 57 nationalities represented among its buyer pool. PARAMOUNT Miami Worldcenter is the only residential tower currently for sale within the massive 27-acre mixed-use Miami Worldcenter site. The tower has made international headlines with its Upper Deck which is the largest amenity deck in the U.S., spanning four acres, positioned 90’ above downtown Miami which features an extraordinary array of action-packed luxury amenities. PARAMOUNT Miami Worldcenter was developed by Royal Palm Companies, led by Dan Kodsi. The tower was designed by Elkus Manfredi Architects with interiors by ID & Design International. PARAMOUNT Miami Worldcenter is located at 851 NE 1st Ave.

This article was produced in partnership with Royal Palm Companies.

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Merrimac Ventures Breaks Ground On $90 Million Merrimac Plantation Multifamily Development In Plantation

South Florida-based development firm Merrimac Ventures has broken ground on Merrimac Plantation, a new multifamily development on the rise in the City of Plantation, Florida. Located at 1711 N. University Drive, Merrimac Plantation will total 293,945 square feet with 306 rental apartments.

South Florida-based development firm Merrimac Ventures has broken ground on Merrimac Plantation, a new multifamily development on the rise in the City of Plantation, Florida. Located at 1711 N. University Drive, Merrimac Plantation will total 293,945 square feet with 306 rental apartments across two six-story midrise buildings. Construction is now underway and slated for completion in 2023.

Apartments will range from one- to three-bedroom layouts, featuring modern stainless-steel appliances, high-end European cabinetry, elegant quartz countertops, and smart locks and thermostats. Amenities will include a double height lobby, club room, pool, covered terrace, barbecue grilling stations, two exterior courtyards, fitness center, a co-working and business center with private offices and conference rooms, a resident ‘hangout’ lounge, dog park and dog spa, electric vehicle charging stations, and available Wi-Fi connectivity throughout the property.

“Once completed, Merrimac Plantation will meet growing demand for market rate rental housing in Central Broward County, which is experiencing an influx of new residents drawn to the area’s accessible location, appealing quality of life, and proximity to several major employers,” said Nitin Motwani, Managing Partner of Merrimac Ventures.

Merrimac Plantation will provide residents an appealing live, work, play environment, with the property’s strategic location adjacent to the Plantation Midtown Business District, an 860-acre master-planned development featuring 2.5 million square feet of retail and restaurants as well as 3 million square feet of office space. Also within close proximity is the Plantation Pointe Office Park, the Westside Regional Medical Center, and the Plantation Walk mixed-use redevelopment. Large retail outlets nearby include the one million square foot Fountain Shoppes lifestyle center and the 2.4 million square foot Sawgrass Mills. Residents can also enjoy Plantation's Central Park, a 103-acre park with a multitude of sporting activities.

Broward County’s City of Plantation is a growing, vibrant municipality and one of South Florida’s most desirable suburban neighborhoods, with a residential population exceeding 94,000 and a daily workforce of more than 55,000. As Plantation’s thriving business community continues to grow and attract major companies, the City is already home to some of the region’s largest employers including Motorola Solutions, Aetna Insurance, TradeStation, Virgin Voyages, AmSurg, Baptist Health, Magic Leap and Chewy. Plantation is easily accessible to major highways including the Florida Turnpike, and is within a 20-minute drive of Fort Lauderdale-Hollywood International Airport and Port Everglades.

Merrimac Plantation is the newest addition to Merrimac Ventures’ growing portfolio of developments across South Florida. The firm’s current projects include the Four Seasons Hotel and Residences Fort Lauderdale Beach; Riverfront East, a new mixed-use development underway in the heart of Downtown Fort Lauderdale that is currently home to the popular outdoor event venue The Wharf; the recently opened Flagler Village Hotel, a dual branded Hilton Tru/Home2 Suites property adjacent to Brightline’s train station; an 11-story boutique condominium planned for 530 North Beach Road in Fort Lauderdale Beach; 1350 South Ocean, an approved 27-story, 92-unit luxury condominium tower along the beachfront in Pompano Beach; 317 North Federal, a 716-unit multifamily development in Fort Lauderdale; and Miami Worldcenter, a $4 billion, 27-acre master planned mixed-use development underway in Downtown Miami.

Images via Al Evans, Downtown Photo

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The Dubai-Based DAMAC Properties Revealed As $120 Million Stalking Horse Bidder Of Site Of Collapsed Surfside Condo

The stalking horse bidder for the site of the former Champlain Towers South in Surfside, Florida which tragically collapsed in June 2021 has been revealed as the Dubai-based DAMAC Properties, led by billionaire developer Hussain Sajwani.

The stalking horse bidder for the site of the former Champlain Towers South in Surfside, Florida which tragically collapsed in June 2021 has been revealed as the Dubai-based DAMAC Properties, led by billionaire developer Hussain Sajwani. The developer agreed to a $120 million bid for the oceanfront property located at 8777 Collins Ave. via one of their US entities, East Oceanside Development, LLC. East Oceanside Development will be required to submit a $16 million deposit with $150,000 non-refundable and the developer will now begin two months of due diligence on the site. The Surfside land at 8777 Collins Avenue spans ±1.88 acres or ±81,886 square feet.

Once the initial bid is finalized by Honorable Judge Michael A. Hanzman other developers will be able to submit bids on the property to potentially push the price higher. Judge Hanzman has the final decision over which developer wins the bidding considering input from the lawyers overseeing the class-action negligence case with the final decision expected in the spring of 2022. Hanzman wants the sale to produce as much proceeds as possible in order to help compensate the families of the 98 people who lost their lives in the collapse and countless others who lost their homes. The victims and their families will also be the beneficiaries of a $49 million insurance payout.

Honorable Judge Michael A. Hanzman and the court appointed receiver Michael Goldberg tabbed Avison Young, led by Michael T. Fay, to market the property in late-August. Avison Young’s Michael T. Fay and his team John K. Crotty, David Duckworth, Brian C. de la Fé, and Berkley K. Bloodworth are spearheading the sale, pro bono.

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Maison Margiela and Palm Angels Open Miami Design District Boutiques

Instagram influencer hotspot Miami Design District is continuing to expand and attract some of the hottest luxury and fashion brands. A selection of new retailers including Maison Margiela, Palm Angels, ARES Design and KREWE have opened in Miami Design District.

Instagram influencer hotspot Miami Design District is continuing to expand and attract some of the hottest luxury and fashion brands. A selection of new retailers including Maison Margiela, Palm Angels, ARES Design and KREWE have opened in Miami Design District. The brainchild of Miami-developer Craig Robins, Miami Design District is a pedestrian-friendly neighborhood, lined with luxury boutiques, fine dining destinations and rich art and cultural programming.

Palm Angels is an italian luxury streetwear fashion house founded by designer and photographer Francesco Ragazzi. The Palm Angels location is their first store in Miami, located at 173 NE 40th St. The design recreates the atmosphere of a swimming pool, through materials, graphic interventions and evocative messages. The pool theme expands to the shop-windows fixtures, characterized by round corners and mosaic cladding. A special counter, covered in ceramic tiles, displays a “No Diving” warning. While displays are designed to highlight the products 'artworks' qualities, the spatial container is devised to be re-programmable and flexible: furniture and displays are mobile and can be rearranged to accommodate exhibitions, live performances, talks and events. The new store design has been developed by the Milan based creative agency April, in tight collaboration with Palm Angels founder and creative director, Francesco Ragazzi.

An art director trained in fashion communication and a photographer, Milan-born Francesco Ragazzi started Palm Angels in 2011 as a photographic documentation of LA's skater culture. The endeavor evolved into a book, published by Rizzoli in 2014, and subsequently into clothing in 2015. Palm Angels stems from an Italian take on American culture and subcultures. It merges an appreciation for sartorial codes and a joy for fabric with a proclivity for using clothing as identity tropes and cultural signifiers.

Maison Margiela introduced its new store concept in the US with a flagship boutique at 142 NE 41 St. in Miami Design District. The store concept is developed by Dutch architect Anne Holtrop and reflects the evolved visual language established at the house by creative director John Galliano. The design was first introduced in the gypsum-cast set at the Artisanal Autumn/Winter 2018 show, and it interprets the Maison’s iconoclast codes in façade and interiors. The store is an abstract and inviting environment rooted in the notion of appropriating the inappropriate.

The 2,615 SF boutique spans over two levels and displays the complete range of Maison Margiela’s Co-Ed collections, men’s and women’s ready to wear, accessories, shoes, small leather goods, as well as jewelry, eyewear and fragrances. The flagship boutique features defining structures of architecture including walls and columns which appear as detached objects.

Artisanal furnishings reflect and alter ideas of familiarity. Hand-cast individually in textile molds, the surfaces of the plaster walls and columns retain the memory of fabric texture and evoke the notion of an irreproducible hand-spun tactility. Misfit furniture is designed in the memory of classic objects, deconstructed in form. The technique of décortiqué further materializes in shelves, display tables and seats carved in stained travertine, the natural indentations filled with colour-contrasting epoxy resin in optical white.

Maison Margiela is a fashion house founded in Paris in 1988 by Belgian designer Martin Margiela. Iconoclast and irreverent, the Maison presents Haute Couture, women’s and men’s ready-to-wear, its contemporary line MM6, accessories, fine jewellery, fragrances and interior design. In 2014, John Galliano took over the creative direction of the Maison. Mysterious and unconventional, a radical core intertwined with a non-standard elegance, Maison Margiela remains classic yet visionary, daring yet ambiguous.

Other new concepts to open in Miami Design District include luxury Italian coachbuilder ARES Design, who merges traditional hand craftsmanship with advanced technologies to create limited editions and one-off bespoke cars and motorbikes, and Children’s retailer Kids Atelier, who curates the world's most fashion-forward children's brands including Dolce and Gabbana, Versace, Moncler, Stone Island, Givenchy, DSquared, Comme des Garçons. New York based Broadway, film, television and acting coach and renowned theatre director, Matthew Corozine recently debuted the Matthew Corozine Studio, Inc. Miami (MCS), offering acting classes based on the transformational work of the Meisner technique, with classes taking place on an ongoing basis. Additionally, The New Orleans-based Eyewear brand KREWE has brought their traveling Tiny House to Miami Design District where guests will be able to browse a sampling of their handcrafted sun, optical and ACTIVE collections.

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Sold Out Boca Beach House Luxury Residences & Marina Tops Off In Boca Raton

Key International and Integra Investments, leading real estate investment and development companies in South Florida, in partnership with Wexford Real Estate Investors, a real estate investment firm – have announced the official top off of Boca Beach House Luxury Residences & Marina.

Key International and Integra Investments, leading real estate investment and development companies in South Florida, in partnership with Wexford Real Estate Investors, a real estate investment firm – have announced the official top off of Boca Beach House Luxury Residences & Marina.

Located on Lake Boca Raton at 725 S. Ocean Blvd., the boutique residential community features 32 luxury residences built on a 3.2-acre site with an 18-slip private marina. Sales for the building were handled by Key International Sales, the exclusive brokerage for Boca Beach House led by CEO Liliana Paez. The development achieved a total sellout of $145,000,000.

“We’re very excited to celebrate the top out of this world-class project,” said Pedro Querejeta, Executive Vice President of Construction and Development for Key International. “We worked with the best in the business to deliver a product that speaks to our commitment to quality design and lifestyle. Boca Beach House residents will enjoy all the best the area has to offer.”

Boca Beach House offers a uniquely elegant community where buyers can enjoy an intimate home atmosphere coupled with five-star services and amenities. Residents will have access to round-the-clock white-glove concierge services and a state-of-the-art indoor fitness center. Outdoors, the amenities include an expansive pool terrace overlooking Lake Boca Raton, barbecue area, yoga practice area, lakefront boardwalk and a secluded outdoor spa surrounded by tropical landscape. Residences range from two to four bedrooms and 3,855 to 5,041 square feet with semi-private elevator access and expansive outdoor spaces.

Expected to debut in Summer 2022, Boca Beach House’s architectural design is by Sieger Suárez Architects and construction is being led Craft Construction.

By Katya Demina

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The Coral Gables-Based MG Developer Reveals Plans For Hialeah Mixed-Use Residential Community Metro Parc

The Coral Gables-based renowned luxury townhome developer MG Developer has revealed plans to develop a 10-story apartment rental building with 433 units in Hialeah named Metro Parc. The 2.5-acre project will be located between 955 East 25th Street and 980 East 26th Street.

The Coral Gables-based renowned luxury townhome developer MG Developer has revealed plans to develop a 10-story apartment rental building with 433 units in Hialeah named Metro Parc. The 2.5-acre project will be located between 955 East 25th Street and 980 East 26th Street.

The residential mixed-use, two tower building will feature rental apartments with two-bedrooms and two bathrooms ranging from 500 square feet to 800 square feet. Rent will range from $1,150 per month to $1,840 per month. Amenities will include co-working spaces, an outdoor kitchen, a pool, gym and will also have retail spaces on the ground level as well as ample parking and a Latin-inspired food marketplace.

A groundbreaking is expected in January with an anticipated completion date for the second quarter of 2024.

Metro Parc will be conveniently located two blocks from the metrorail and Tri-Rail Transfer Station bringing a new type of chic urban lifestyle to the transient-oriented community. The site is also in walking distance to Hialeah Medical Services; and is only a mile from Hialeah’s up-and-coming Arts District, which will deliver a vibrant cultural and entertainment scene with galleries, breweries, restaurants and shops. It also in close proximity to the expansive Amelia Earhart Park.

“We are truly excited about moving into the Hialeah market and sharing our experience of building luxury and high standard of living and lifestyle to a growing City,” said, Alirio Torrealba, CEO and Founder of MG Developer. Hialeah is the sixth largest city in Florida, and MG Developer has a track record of delivering high-quality residential developments that enhance neighborhoods.

MG Developer, is one of the most active developers in Coral Gables. Most recently, it submitted plans to the City to build a 50-residence community, west of LeJeune Road and north of University Drive, called Gables Village. Additionally, the developer also announced that within 90 days of completion of Althea Row, a luxurious set of five 3-story town houses, it nearly sold out. At the same time, it announced it topped-off Biltmore Row, a set of 3-story, 10-residential townhomes that will complete the Biltmore Square Community in Coral Gables. MG’s prior developments include Biltmore Parc Condominiums, and a variety of luxury townhomes like Beatrice Row, 444 Valencia, Villa Blanc, The Ponce Townhomes, and custom homes in South Miami Ave and Coconut Grove.

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PROFILE Exclusive Podcast Season 1 Episode 7 Featuring Ryan Shear of PMG

Season 1 Episode 7 of the PROFILE Exclusive Podcast by PROFILEmiami features Ryan Shear, Managing Partner of PMG. PMG is a national real estate development firm with offices in Miami and Manhattan, specializing in new construction commercial and residential projects.

Season 1 Episode 7 of the PROFILE Exclusive Podcast by PROFILEmiami features Ryan Shear, Managing Partner of PMG. PMG is a national real estate development firm with offices in Miami and Manhattan, specializing in new construction commercial and residential projects. For nearly 30 years, PMG has led the acquisition, financing, development, construction, and marketing for 85 residential buildings and over 150 real estate projects including 111 West 57, Muse Sunny Isles, Echo Brickell, and X Miami, amongst others. PMG is currently developing The Waldorf Astoria Hotel & Residences Miami, E11EVEN Residences and Society Biscayne.

A Miami-native, Ryan is responsible for all company operations. Ryan was personally trained by PMG founder Kevin Maloney after arriving at PMG shortly after college. He currently manages a growing portfolio of over $10 billion worth of real estate assets. Ryan oversees PMG’s developments across the United States, which primarily includes ground up Condo and Multifamily projects in core cities such Miami, New York, Denver, Phoenix, Orlando and more.

The PROFILE Exclusive Podcast by PROFILEmiami, the leader in South Florida residential and commercial real estate news and content, profiles and gets intimate with the movers and shakers in the South Florida real estate industry. Throughout the series we will interview and get inside the minds of South Florida's top developers, investors, brokers, architects, designers, etc. The PROFILE Exclusive Podcast is hosted by Demetri Demascus Co-Founder of PROFILEmiami and Director of Business Development at private equity group Galium Capital as well as Katya Demina, Co-Founder of PROFILEmiami and Development Associate at development firm Royal Palm Companies.

This Podcast is Presented By:

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