Aria Development Group Delivers The Sold-Out YOTELPAD Miami In Downtown Miami

New York and Miami-based Aria Development Group is pleased to announce the completion of YOTELPAD Miami, a 31-story condominium and hotel in the heart of Downtown Miami. The stylish mixed-use project was the first new construction condominium in the area to offer buyers the option to rent out their units for short-term stays without restrictions. The developer partnered with AQARAT, one of Kuwait’s leading real estate companies, to deliver this project as the first YOTELPAD on the East Coast.

“YOTELPAD Miami paved the way for other developers to offer short-term rentals and was an early project in the recent explosion of new development in Downtown that has transformed the neighborhood into an exciting, vibrant place to live,” said David Arditi, principal of Aria Development Group. “After selling out all of YOTELPAD Miami’s condos in just 15 months, we saw that there was incredible demand for this type of product, and there couldn't be a better time to deliver it.”

Located at 227 NE 2nd Street, YOTELPAD Miami offers the ultimate urban lifestyle for young professionals and like-minded individuals looking for the convenience of having the best of everything right at their doorstep, as well as the flexibility to rent out their unit when they’re not using it. Owners of the 231 residential “PADs” have the ability to participate in a short-term rental program through YOTEL, which also manages the 222 hotel “cabins” in the development. The project has led to a boom of new short-term rental condominiums in Miami, including another by Aria Development Group, 501 First, which is nearly sold out after launching sales last year.

YOTELPAD features an array of ultra-modern amenities as well as spectacular views of the Miami skyline. Comprising floors 15-30, residences include studios, one- and two-bedroom residences with thoughtfully designed floor plans showcasing integrated living, kitchen, and dining areas with top-of-the-line flooring, lighting and custom ITALKRAFT Italian cabinetry for an urban chic lifestyle.

Amenities include concierge services, secure bike storage, a gourmet coffee bar, two on-site restaurants and bars, co-working space, pool deck, state-of-the-art fitness center designed by New York-based celebrity training studio HOMAGE, and a pet spa. Residents also exclusively have access to a penthouse level Sky Lounge, which offers a game area, a sophisticated living room with a fireplace, and a chef's kitchen with a private dining space that can host 12 guests.

YOTELPAD Miami boasts two restaurants, giving residents and guests the ideal live-work-play experience. On the ground floor, Mazeh, a modern Middle Eastern restaurant by New York City-based GPG Hospitality, serves tapas-style shareable dishes and craft cocktails in an elevated yet relaxed setting. Fourteen floors up on the property’s pool deck, an elevated outdoor lounge called Float offers beverages and light fare that merge classic American tiki culture with the unique flavors of the Middle East.

Understanding the value of offering tech-forward amenities that enhance the residential experience, development also incorporates three Techi robot butlers by Techmetics, which can deliver loads up to 77 pounds, including food, beverages, gifts, documents, and more. Two robots are available to residents, and one is designated for hotel guests. Residents and guests can easily contact and track the robots through a user-friendly app control. The robots will roam the lobby during their downtime, engage in conversation, play music, and pass out treats.

YOTELPAD Miami Reaches 50% Sold Six Months After Launching Sales In Downtown Miami

Aria Development Group, a New York and Miami-based real estate investment and development company, along with joint venture partner, AQARAT, one of Kuwait's leading real estate companies, has announced that YOTELPAD Miami is now 50% sold just six months after launching sales in June 2018. OneWorld Properties led by Peggy Olin is the exclusive sales and marketing team for YOTELPAD Miami. The mixed-use hotel and residential development, which will be the first YOTELPAD on the East Coast, is located in Downtown Miami and is slated for completion in early 2021. The development’s attractive short-term rental options without any restrictions and leaseback program offer owners flexibility. More than 40% of YOTELPAD Miami’s buyers are investors from Mexico and China with a substantial amount of investors also coming from Argentina, Colombia and other South American markets.

“Our team has sold over 18 units per month over the last six months – that is 111 units and counting. This is something we have not seen in Miami in a long time,” said Peggy Olin, president and CEO of OneWorld Properties. “Buyers understand the value and freshness of the YOTEL brand and are looking for flexibility and a prime location. Miami serves as a significant gateway to global markets and has one of the largest financial districts in the U.S. Our team was able to take all the incredible elements of this project and the Downtown area to deliver the right product for this market.”

“The realization of YOTELPAD is a major milestone for Downtown Miami,” said David Arditi, principal of Aria Development Group. “It’s the first time a global hospitality brand will offer luxury living at an attainable price point. The innovative PAD concept, with its clever and adaptable floorplans and flexible rental options, is being received with great enthusiasm by local and international buyers alike. We are excited to forge ahead with construction and bring this highly-anticipated project to life.”

Upon completion of the project, YOTELPAD Miami will incorporate three Techi robot butlers capable of delivering beverages, food, gifts, documents and more. Raising the standard for residential amenities, two robots will be available to residents and one will be designated to guests of the hotel. The robots can be programmed to speak a variety of languages, dialogues and play digital files with music and voice recordings. Other amenities include concierge services, secure bike storage, gourmet matcha bar, full-service restaurant and bar with outdoor seating and private dining, state-of-the-art fitness center, co-working space, a lounge, pool deck and pet salon. In addition, each PAD will come with a dedicated storage unit. Global design and engineering firm Stantec is the lead architect, interior designer and engineer for the project.

“As global experts in the residential real estate market, we believe in YOTEL’s new ‘live smarter’ PAD concept,” said Fahad Al-Shamlan, vice president of Investments & Acquisitions for AQARAT. “Our partnership with Aria Development Group on this project will transcend the boundaries of luxury in high-end resort destinations for the modern person.”

The 31-story YOTELPAD Miami, which is located at 227 NE 2nd Street and designed by Stantec, will feature 222 Yotel-branded “cabins” (hotel rooms), 231 “PADs” (condominiums) and amenities such as a Skytop Lounge, pool deck with restaurant and bar, fitness center, co-working space and pet spa. The hotel portion is located on floors 2-12 with the condominiums on floors 15-30. Condominium owners and residents will have access to exclusive amenities such as a 2,000 SF “Lounge in the clouds” with game area and chef’s kitchen. The high-tech units include studios to one- and two-bedrooms and range in size from 417 SF to 708 SF with top-of-the-line flooring and lighting, floor-to-ceiling glass windows, custom European cabinetry and Smeg brand Italian appliances. YOTELPAD Miami is scheduled for completion in early 2021.

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

The Stantec-Designed YOTELPAD Miami Breaks Ground In Downtown Miami

Aria Development and joint venture partner AQARAT real estate company have officially broken ground on YOTELPAD Miami, the 31-story Stantec-designed hotel/condo project in Downtown Miami. Stantec is providing not only the architecture and interior design but also engineering services for the 327,356 SF high-rise located at 227 NE 2nd Street. YOTELPAD Miami is scheduled for completion in early 2021.

“We are thrilled to render our unique integrated services at Miami’s first YOTEL brand,” said Adriana Jaegerman, senior principal in Stantec’s Miami office. “The building’s modern, stylish architecture and sophisticated interiors will make a bold design statement in Downtown Miami.”

The 31-story YOTELPAD Miami, which is a new brand by YOTEL and the first on the East Coast, will feature 222 Yotel-branded “cabins” (hotel rooms), 231 “PADs” (condominiums) and amenities such as a Skytop Lounge, pool deck with restaurant and bar, fitness center, co-working space and pet spa. The hotel portion is located on floors 2-12 with the condominiums on floors 15-30. Condominium owners and residents will have access to exclusive amenities such as a 2,000 SF “Lounge in the clouds” with game area and chef’s kitchen. The high-tech units include studios to one- and two-bedrooms and range in size from 417 SF to 708 SF with top-of-the-line flooring and lighting, floor-to-ceiling glass windows, custom European cabinetry and Smeg brand Italian appliances. The ground level will include separate lobbies for guests and residences, a restaurant, lounge, an organic matcha bar plus a co-working space, and meeting rooms on the second level. There is also smart lockers for package deliveries, as well as bike and individual storage units for residents on the premises.

“The building’s architecture consists of two distinct elements separated by a lush amenity deck on the 12th floor,” said Jennifer Llop-Noy, project manager with Stantec’s Miami office. “The bottom portion of the building features a simple, yet elegant geometric design for the hotel, while the top half of the structure boasts floor-to-ceiling windows and balconies rising above the deck for the residences giving the overall composition a more dynamic look.”

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

Check Out These Newly Released Renderings of YotelPad Which Is Set To Break Ground In Downtown Miami Q4 2018

YOTELPAD has released new renderings as the project gears up to break ground by Q4 2018. The project is expected to cost $150 million and has set a timeframe for delivery in 2020. YOTELPAD in Downtown Miami will be the first East Coast location of YOTEL's new YOTELPAD concept. Located at 227 NE 2nd Street in Downtown Miami, YOTELPAD will be a 29 story tower designed by Stantec which was approved in July 2017 by Miami's Planning & Zoning Department. The project offers 208 residential units and 250 micro-sized hotel units, split with the residential units on top of the hotel units. Residential units come in 425 SF studios, one-bedroom and 708 SF two-bedroom floor plans; pricing starts at $250,000 and units will come fully furnished and move-in ready. Residential units will have the ability to be rented for short term via the hotel's rental pool. YOTELPAD is being developed as a joint venture between AQARAT, a Kuwaiti real estate company, and Aria Development Group.