MOTEK Opens Largest Location To Date In Brickell City Centre
MOTEK, the acclaimed Israeli Mediterranean-inspired bistro, has continued its expansion with the opening of a new location at Brickell City Centre. Known for its vibrant flavors and genuine interpretation of traditional Mediterranean-inspired cuisine, MOTEK’s largest expansion extends its reach within one of the city's premier culinary destinations.
MOTEK, the acclaimed Israeli Mediterranean-inspired bistro, has continued its highly anticipated expansion with the opening of a new location in the heart of Miami’s Financial District at Brickell City Centre. Known for its vibrant flavors and genuine interpretation of traditional Mediterranean-inspired cuisine, MOTEK’s largest expansion to date showcases the brand’s devotion to elevating Miami's Mediterranean food culture by strategically extending its reach within the city's premier culinary destinations.
"Sharing our concept with the dynamic community of Brickell is a significant milestone for both my wife, Tessa, and me. With the community being so responsive to MOTEK, our team is honored to extend our presence across Miami with our largest location to date. We're confident that MOTEK will elevate the area’s culinary offerings even further and look forward to opening our cherished concept in Brickell City Centre."Said Charlie Levy, Founder of MOTEK.
The family-owned restaurant, celebrated for its warm hospitality and award-winning Arayes Burger, has gained a reputation for offering famed kosher-style dishes inspired by Founder Charlie Levy’s childhood in Israel. MOTEK has quickly become a favorite among locals and visitors alike, offering an unparalleled dining experience that celebrates the rich flavors and diverse cultures of Israel, the Middle East, and the Eastern Mediterranean. MOTEK was originally established in June 2020 in Downtown Miami and offers innovative dishes rooted in traditional Mediterranean cuisine with quality and freshness at its forefront.
MOTEK's new 10,000 sq. ft. location will boast the brand’s signature sunshine yellow accents and flowery yet warm ambiance in a prime location on the fourth floor of Brickell City Centre. The space will be equipped with MOTEK’s first in-house bakery, signature wood-fired ovens, a 255-seat indoor and outdoor dining area, and a full 24-seat bar. MOTEK Brickell City Centre will also introduce an all-new beverage program for the brand, helmed by locally acclaimed mixologist and Beverage Director, Randy Perez. The program will debut at Brickell City Centre before rolling out company-wide, offering a new approach to concept-driven cocktails that imbibe Israel, the Middle East, and the Eastern Mediterranean to complement MOTEK’s beloved menu. MOTEK’s decision to open its doors at Brickell City Centre is driven by the area's unrivaled reputation as a premier destination for luxury, fashion, and dining. MOTEK's arrival adds a touch of culinary excellence to the vibrant mix of high-end retail and entertainment offerings found within.
MOTEK Brickell City Centre will feature an array of menu items including All Day Brunch standouts like the Shakshuka, Hummus Shakshuka, and Jerusalem Grilled Cheese; a variety of Hummus options made fresh daily; extensive Cold & Hot Mezzes; refreshing Salads; show-stopping Kebabs; Homemade Flat-Pitas; Wraps with a variety of proteins; and Burgers including the bistro’s famed Arayes Burger, which has been awarded the coveted People’s Choice Award at South Beach Wine and Food Festival’s popular kick-off Burger Bash two years in a row. Ranging from hummus to hearty meat dishes with a variety of gluten-free & vegetarian options, MOTEK’s menu has something for everyone.
MOTEK’s Brickell City Centre outpost is located at 701 S Miami Ave, Unit 412A Brickell City Centre, Miami, FL 33131, and will open daily for breakfast, lunch, dinner, and weekend brunch in November 2023. MOTEK currently has four locations situated in Downtown Miami, Aventura, Aventura Mall’s Treats Food Hall, and Coral Gables; and is gearing up to open its sixth location in Miami Beach, followed by a new sister concept, Sesame Bakery, at SoLé Mia in early 2024.
Images via MOTEK
LOFTY Brickell Appoints G.T. McDonald As GC, Set For Foundation Pour January 2024
Forward-thinking real estate developer Newgard Development Group has appointed G.T. McDonald Enterprises, Inc. as general contractor for the riverfront LOFTY Brickell luxury condominium. The well-known contractor was brought on board as Newgard has secured a permit to begin pouring the building’s foundation scheduled to start on the first of the year.
Forward-thinking real estate developer Newgard Development Group has appointed G.T. McDonald Enterprises, Inc. as general contractor for the riverfront LOFTY Brickell luxury condominium. The well-known contractor was brought on board as Newgard has secured a permit to begin pouring the building’s foundation scheduled to start on the first of the year. The 44-story LOFTY Brickell will rise on the Miami River in the city’s Brickell district.
The collaboration marks a significant milestone in the ongoing partnership between Newgard and G.T. McDonald, following their successful cooperation on the completed Gale Residences Fort Lauderdale Beach in 2018.
Headquartered in Plantation, Florida, G.T. McDonald brings over 40 years of experience in providing Design-Build and Construction Management services throughout South Florida. With a team of over 80 professionals specializing in Engineering and Construction Management, including Certified General Contractors and licensed Professional Engineers, G.T. McDonald has established itself as a best-in-class construction firm.
"G.T. McDonald is a valued partner of Newgard's, and its team is ideally suited to oversee the construction of LOFTY Brickell. We are thrilled to expand our working relationship and look forward to going vertical with the building,” said Harvey Hernandez, Newgard founder and CEO.
The general contractor’s impressive portfolio includes notable projects such as 1111 Lincoln Road, Diplomat Tower 100 in Hallandale Beach, The Rise at Flagler Village in Fort Lauderdale, and Monad Terrace in Miami Beach.
LOFTY Brickell represents the pinnacle of Newgard's flexible ownership concept. Already over 94% sold, LOFTY is positioned as one of the Miami condo market's most successful projects under development. Vertical construction is estimated to take 30-to-36 months upon commencement.
"G.T. McDonald has a track record for completing quality work on time and on budget, making them the ideal choice for a project of this caliber," added Newgard Senior Vice President of Construction Bromley Kelly.
President Jerry McDonald of G.T. McDonald Enterprises, Inc. expressed enthusiasm for the partnership, saying, "LOFTY will be a tremendous addition to Miami's skyline and the Brickell district. Our team will apply its high-rise experience and best practices to deliver LOFTY as another successful project for Newgard."
Designed by Arquitectonica, LOFTY features 362 units with studio, one- and two-bedroom residences furnished by INC. The building boasts 40,000 square feet of carefully curated amenities, including a private marina, a members-only social club, resort pool deck, fitness center, spa facilities, indoor cigar lounge, co-working lounge, and meeting rooms. The rooftop offers a versatile 10,000-square-foot skydeck for private events, exclusively dedicated to unit owners.
With INC responsible for LOFTY's stylish interiors, Urban Robot Associates as the landscape architect, and Cervera Real Estate as the exclusive sales and marketing partner, LOFTY Brickell promises to redefine luxury living in Miami's vibrant landscape.
Major Food Group to Debut Chateau ZZ's Mexican Concept in Historic Landmark Brickell Estate
Before the end of the year, Major Food Group (MFG) will debut the impossibly glamorous Chateau ZZ’s in a historic Miami estate steeped in significance and allure. Here, MFG will introduce the acclaimed company’s first-ever foray into Mexican cuisine. Hidden in plain sight in the heart of Brickell, this two-floor architectural marvel, originally constructed as a private residence in 1931 by legendary architect Martin L. Hampton.
Before the end of the year, Major Food Group (MFG) will debut the impossibly glamorous Chateau ZZ’s in a historic Miami estate steeped in significance and allure. Here, MFG will introduce the acclaimed company’s first-ever foray into Mexican cuisine. Hidden in plain sight in the heart of Brickell, this two-floor architectural marvel, originally constructed as a private residence in 1931 by legendary architect Martin L. Hampton, is the only known French chateau in the city and was designated a historically protected building in 1983. Now MFG, in collaboration with the visionary Ken Fulk, Inc., have meticulously restored the estate to its former splendor.
The first level of the reimagined manor features MFG’s first-ever Mexican concept—a glitzy restaurant with impeccable cuisine, an extensive collection of the rarest tequilas, a stunning solarium, a vibrant bar and lounge, and idyllic outdoor gardens. The second level of Chateau ZZ’s, meanwhile, is strictly private and available exclusively to members of ZZ’s Club. At Chateau ZZ’s, tuxedo-clad service captains will orchestrate a journey through iconic Mexicans dishes; features include a table-side guacamole presentation, Sweet Corn Elote, Lobster Aguachile Verde, Ribeye Pastor, and so much more, all presented with MFG’s famed sense of flair.
This endeavor not only signifies the group's first foray into a vast and rich culinary realm but also marks the unveiling of the estate to the public. Paying homage to the address' rich history, Chateau ZZ's stands as a testament to Major Food Group's commitment to revitalizing and preserving historic landmarks.
Originally built in 1931, the property, referred to as “Château Petit Douy,” was designed to resemble the Priory in Saint Julian, France and reflects the period revival style of architecture common during the first half of the twentieth century. Located in what was then known as the Millionaires’ Row neighborhood, the home remains as one of the few historic mansions left on Brickell Avenue. The property gained its historic designation status in 1983. The property was acquired by Ytech, led by Yamal Yidios, in 2023 before undergoing a recently completed renovation and restoration.
Founded by Jeff Zalaznick, Mario Carbone, and Rich Torrisi, MFG has made a substantial commitment to South Florida over the last three years, moving their headquarters to the area and building an array of businesses that have enriched several neighborhoods and created more than 700 jobs to date. In the span of a decade, MFG has grown into one of the most acclaimed hospitality groups in the world. They have pioneered a celebratory style of dining at such iconic restaurants as CARBONE and The Grill, forged groundbreaking partnerships with leading designers and luxury brands, and opened The Ludlow Hotel in Manhattan and The Newbury Boston.
Since 2020, the company has expanded into several markets, from South Florida to Paris, while exploring new ventures like the private membership venue ZZ’s Club in Miami and The Crown Club at Brooklyn’s Barclays Center. In addition to building renowned restaurants, MFG is proud of its support of various social causes and its lasting partnership with the Robin Hood Foundation, one of New York City’s most important forces in the fight against poverty. To date, MFG has been awarded a total of 18 stars from The New York Times and three from the Michelin Guide. MFG’s businesses are located in New York City, Miami, Boston, Las Vegas, Hong Kong, Paris, and Tel Aviv. The concepts include CARBONE, Sadelle’s, The Grill, ZZ’s Club, Dirty French, Parm, Contessa, and The Lobster Club. In September 2023 Boucher Brothers and Major Food Group were named by voters as the new stewards of one of the most stunning and historic beachfront properties on the globe, 1 Ocean Drive. Their vision for the address, designed by Kobi Karp, will come to life in 2026 at the site that has been operated as Nikki Beach since 1985.
FIRST ON PROFILE: The Residences at 1428 Brickell Reveals $60 Million Penthouse Designed By ACPV Architects
FIRST ON PROFILE: 1428 Brickell has revealed their ground-breaking $60 million, two-story, fully-finished penthouse crowning The Residences at 1428 Brickell. The penthouse residence encompasses over 12,000 square feet set under a soaring 30-foot ceiling, unveiling an unrivaled tapestry of views. The Residences at 1428 Brickell is being developed by 1428 Brickell, LLC, a subsidiary of Miami-based real estate development firm Ytech.
1428 Brickell has revealed their ground-breaking $60 million, two-story, fully-finished penthouse crowning The Residences at 1428 Brickell. The penthouse residence encompasses over 12,000 square feet set under a soaring 30-foot ceiling, unveiling an unrivaled tapestry of views: the jewel box of the Miami skyline with visibility of the Fort Lauderdale cityscape to the north, the vast beauty of the Everglades to the west and sweeping perspectives of the Atlantic Ocean to the east and on the southern horizon. The Residences at 1428 Brickell is being developed by 1428 Brickell, LLC, a subsidiary of Miami-based real estate development firm Ytech. The Residences at 1428 Brickell is slated for completion in 2027.
“Our objective was clear: to create one of the most exceptional penthouse residences in the world. The Penthouse at 1428 Brickell sets new standards in luxury living, not just in Miami but globally,” shared Yamal Yidios, CEO of Ytech.
Curated by the esteemed Milan-based ACPV ARCHITECTS led by Antonio Citterio and Patricia Viel, this epitome of luxury is a testament to unrivaled design, influenced by iconic figures of the 20th century, including Oscar Niemeyer, Luigi Caccia Dominioni, Angelo Mangiarotti, Charlotte Perriand, and Philip Johnson. Antonio Citterio reflected, “Our commitment was to evoke the spirit of architectural and design masters of the 20th century. Through a unique combination of light, space, and texture, we've created a penthouse that reinterprets luxury.” Patricia Viel added, “We took inspiration from design greats, channeling their genius into crafting a space that harmoniously combines elegance and functionality. Each detail prioritizes residents’ experience from the moment they arrive at the building, until they reach the privacy of their residence."
By channeling the genius of icons, such as Niemeyer’s sublime curves, Philip Johnson’s emphasis on creating truly livable, engaging spaces, and Mangiarotti’s reverence for natural materials, the penthouse became an opulent tapestry of silk georgette marble, eucalyptus wood claddings, mineral lime-based finishes, fluted glass walls, spaghetti stone touches and ash flooring. These lavish materials were handpicked by Ytech's diligent team during their global expeditions, ensuring each selection met the project’s unparalleled standards.
The development and design teams collaborated in consideration of crucial elements including configuring front- and back-of-house circulation schemes, planning the flow of rooms within the residence to balance day and night areas, integrating a specialized structural and envelope design for the residence, and bringing in specialists for comprehensive 3-D concept, schematic, and design analysis of key spaces within the estate in the sky. Exhaustive research underpinned the creation of a stone-clad sculptural stairway, a centerpiece of the residence, where more than 32 different designs were studied showcasing the lengths taken to achieve perfection. An extensive solar study guarantees every space captures optimal light, imbuing the residence with a mesmerizing glow that shifts with the sun, allowing residents to immerse in the sublime, panoramic city vistas, and ensuring a seamless blend of indoor and outdoor luxuries.
This penthouse's ambitious two-story floor plan includes multiple facets, from a custom-designed library bar featuring silk georgette to a Salvatori stone-adorned master bathroom. Contributing to the residence’s sophistication, refined staging showcases other unique elements that dazzle the eye, such as pivoting walls, a sculptural stone bar, and a walk-in, temperature-controlled wine cellar. The artisans of Vaselli, chosen for their exclusivity, immense history, and excellence in stonework, will craft a stunning centerpiece-like front-of-house kitchen. Italy’s Arclinea will similarly design a one-of-a-kind separate chef’s kitchen within the residence. The firm, known for its innovative and precise construction of complex kitchens, was handpicked for its integral consideration of one’s individual livability and function within culinary spaces.
The Penthouse at The Residences at 1428 Brickell will feature two stories, extraordinary 30-foot ceilings equal to almost four levels of a traditional building, 7 bedrooms, 9 bathrooms, two east-facing balconies with unparalleled views of the Brickell skyline, two elevators leading to a private foyer, and an additional elevator within the residence that leads to the second floor.
In addition to this masterpiece, The Residences at 1428 Brickell offerings include a limited collection of residences, priced from $2 million to $7 million, that will be fully finished with two- to four-bedroom plus den homes ranging from 1,800 to 4,000 square feet. The property’s Penthouse Collection also includes lower penthouses starting from $8 million and ranging in size from 4,000 to 10,000 square feet. These 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-story, creating the feeling of a single-family home in the sky.
Over 80,000 square feet of amenity space will also adorn The Residences at 1428 Brickell. Located 860 feet in the sky, Ytech dedicated the three levels within the top of the tower to house curated private and shared spaces showcasing stunning, panoramic city views. Amenities include an expansive 10,000 square foot gym with weight room, HIIT room, and an indoor/outdoor yoga room, a rooftop pool and atrium, a hot spa and daybed lounging area, a two-story wine and fine art lounge, state-of-the-art office suites, a private dining room with a one-of-a-kind Vaselli kitchen, a juice and wellness bar, an immersive spa, an aquatic therapy area, a children’s recreation and learning center, fully furnished private guest suites, and more. Additional highly personalized services include reception, valet and porter, bellman and doorman services, a pet facility with grooming area, and in-unit package delivery.
Renderings via The Boundary
Fortune Development Sales Named Exclusive Sales Brokerage To Represent The Residences at Mandarin Oriental, Miami
Swire Properties has appointed Fortune Development Sales to be the exclusive sales and marketing agent for The Residences at Mandarin Oriental, Miami. The Residences, an exquisite collection of private homes, is part of an unparalleled residential and hospitality destination set within a secluded island sanctuary, but only moments away from Miami’s vibrant urban core.
Swire Properties has appointed Fortune Development Sales to be the exclusive sales and marketing agent for The Residences at Mandarin Oriental, Miami. The Residences, an exquisite collection of private homes, is part of an unparalleled residential and hospitality destination set within a secluded island sanctuary, but only moments away from Miami’s vibrant urban core. This unprecedented development on Brickell Key will also be home to what is destined to become the luxury brand’s North American flagship hotel.
Fortune Development Sales, led by Edgardo Defortuna, has achieved tremendous success over several decades spearheading the sales of Miami’s preeminent luxury residential developments and has a long history of partnership with Swire Properties. Fortune is also the exclusive Miami affiliate of Christie’s International Real Estate, a global network of real estate firms in nearly 50 countries and territories around the world.
Through this strategic partnership, Christie’s International Real Estate offers buyers at The Residences at Mandarin Oriental, Miami, unprecedented global access to Christie’s renowned fine art auction house and international network.
“The Residences at Mandarin Oriental, Miami, is the pinnacle of Swire’s four-decade-long journey in developing Brickell Key and it was essential we selected a stellar team to represent this property in Miami and around the world. By working with Fortune Development Sales and Christie’s International Real Estate, we are ensuring The Residences at Mandarin Oriental, Miami will become a truly global destination,” said Henry Bott, President of Swire Properties.
"We are honored to have been selected by Swire Properties to spearhead the sales efforts for The Residences at Mandarin Oriental, Miami. This transformational development, with its island location and extraordinary architecture, will resonate with discerning buyers who are seeking a sophisticated lifestyle offering in Miami,” said Edgardo Defortuna, President and CEO of Fortune International Group.
The Residences at Mandarin Oriental, Miami, will be situated in two stunning towers at the southernmost point of Brickell Key. The first tower will stand at over 800 feet and offer 228 two-to-four-bedroom private homes with floorplans up to 4,700 square feet, including two duplex penthouses each spanning over 7,000 square feet. The second tower is approximately 400 feet tall and houses the newly built Mandarin Oriental Hotel with 121 guest rooms, 66 private Residences, and 28 hotel Residences.
“It is a privilege for our firm to be associated with The Residences at Mandarin Oriental, Miami. Mandarin Oriental sets the benchmark for legendary service worldwide and this development is truly one-of-a-kind,” said Thad Wong, co-CEO of Christie's International Real Estate. “It is rewarding to have the opportunity to offer our clients a product that is truly the best in its class in a magnificent location with five-star amenities and hospitality offerings.”
Swire Properties has commissioned an incredible global team to design both the Residences and hotel. Kohn Pedersen Fox is responsible for the striking exterior architecture of both buildings. Parisian designers Tristan Auer and Laura Gonzalez will make their distinct marks on the Residences and hotel interiors, respectively, and Thai firm Shma who will create the lush landscaping. This is the first new development commission for Auer, Gonzalez, and Shma in the United States. Both towers offer near-panoramic Biscayne Bay views and are connected by an expansive resort-style podium with over 100,000 square feet of unmatched amenities, including multi-tiered infinity swimming pools, private cabanas, executive workspaces, dining rooms with chef kitchens, world-class restaurants, a signature spa, and cutting-edge health and wellness facilities.
The Residences at Mandarin Oriental, Miami, will be the culmination of residential development on Brickell Key, the exclusive island community developed by Swire Properties for over forty years. Conveniently situated across the causeway from Brickell Key is Brickell City Centre, a $1 billion, 4.9 million square feet mixed-use space developed by Swire Properties that has transformed the Brickell neighborhood and established a new focal point in Miami. The Residences at Mandarin Oriental, Miami, represents the final opportunity to own a new residence on the island when sales launch in early 2024.
Key International Reveals Plans For Iconic Skidmore, Owings & Merrill (SOM)-Designed Brickell Office Tower
Key International, led by Inigo and Diego Ardid, has proposed concepts to redevelop the firm’s 848 Brickell office building into Miami’s most iconic class-A office tower. Long-time owners of the existing building, Miami-based Key International enlisted the acclaimed and lauded architectural firm, Skidmore, Owings & Merrill (SOM), known worldwide for their peerless designs, including the Burj Khalifa in Dubai.
Key International, led by Inigo and Diego Ardid, has proposed concepts to redevelop the firm’s 848 Brickell office building into Miami’s most iconic class-A office tower. Long-time owners of the existing building, Miami-based Key International enlisted the acclaimed and lauded architectural firm, Skidmore, Owings & Merrill (SOM), known worldwide for their peerless designs, including the Burj Khalifa in Dubai and One World Trade Center in New York City. 848 Brickell’s new tower will combine groundbreaking architecture, best-in-class amenities and an emphasis on wellness-oriented programming, setting an unprecedented standard for Miami's corporate landscape.
“It’s no secret that Miami is craving exemplary Class-A office space, but the plans for 848 Brickell will surpass national expectations,” says Diego Ardid, co-president of Key International. “The innovative architectural design will elevate the Miami skyline and the building amenities will be in a class of their own. 848 will truly redefine the notion of ‘coming to work’ in Miami."
Designed as a beacon of architectural excellence, 848 Brickell will propel the city’s transformation into a global commercial hub. The site for the 50-story skyscraper is strategically nestled in the heart of Miami's coveted Brickell neighborhood, steps away from Brickell City Center, and an abundance of world-class dining and retail establishments.
848 Brickell is conceptualized to capture the growing market for high-end office space in Miami with its bold design and wellness-focused programming. Featuring 750,000 square feet of office space, the tower will offer floor plan options that range in size from 19,000 square feet to 27,000 square feet. The dimensions of the floor plates will have optimized lease depths with column-free interiors. Catering to an array of different industries, from legal to tech, finance and more, the uses for the layouts are future-proofed and created to evolve alongside workplace planning trends. Additionally, the building will follow the principles of LEED and WELL rating systems, focusing on both environmental efficiency and occupant well-being. This commitment to health and wellness can be seen in the residence-like balconies which encourage continuous connection to the outdoors. The 40,000 square-foot amenity level will also feature outdoor meeting spaces and lounges, a best-in-class gym, an outdoor walking path, and two regulation-sized Padel courts.
Key International is a global real estate development and investment firm with a strong presence in Florida, Spain and Portugal. Since its inception in 1970, the company has been involved in over $8 billion of diversified real estate transactions, encompassing residential, lodging, office, retail and mixed-use developments. The company's portfolio includes the development of over 10 million square feet of property, comprising more than 6,000 residential units and over 3,300 hotel keys.
The firm has been a driving force in the growth of South Florida’s real estate market as developers and owners of high-profile properties including the Eden Roc Resort Miami Beach, the Marriott Stanton Hotel South Beach and the 848 Brickell Avenue office building. Key International has also led the way as developers of marquee residential projects throughout Florida, including 1010 Brickell, 400 Sunny Isles, Mint and Ivy on the Miami River, The Harbour, Parks at Delray and Waterways Luxury Apartments & Marina in St. Petersburg. As a family-run company, the firm prioritizes owning and operating long-term developments that are community centric and forward-thinking, with a goal of serving cities and inspiring growth.
Skidmore, Owings & Merrill (SOM) is a global practice of architects, designers, engineers, and planners, responsible for some of the world’s most technically and environmentally advanced buildings and significant public spaces. From a strategic regional plan to a single piece of furniture, SOM's designs anticipate change in the way we live, work and communicate, and have brought lasting value to communities around the world. The firm's approach is highly collaborative, and its interdisciplinary team is engaged in a wide range of international projects, with creative studios based across the globe. SOM is a net zero emissions business.
Renderings via Key International
Kastrati Group Acquires SLS Brickell Hotel For $55 Million In An Off-Market Cash Transaction
Brickell Miami, LLC, an affiliate of Constellation Hotel Holdings LTD, just sold the iconic SLS Brickell Hotel, a mixed-use hospitality development in the heart of Downtown Brickell, Miami located at 1300 S Miami Ave, in a $55 million in an off-market, cash transaction to an affiliate of the Albania based Kastrati Group. Miami based Broker Jordan Karp of Jordan Karp, LLC represented the Buyer in this off-market cash deal with the assistance of Disruptive Real Estate CEO Stefano Santoro.
Brickell Miami, LLC, an affiliate of Constellation Hotel Holdings LTD, just sold the iconic SLS Brickell Hotel, a mixed-use hospitality development in the heart of Downtown Brickell, Miami located at 1300 S Miami Ave, in a $55 million in an off-market, cash transaction to an affiliate of the Albania based Kastrati Group. Miami based Broker Jordan Karp of Jordan Karp, LLC represented the Buyer in this off-market cash deal with the assistance of Disruptive Real Estate CEO Stefano Santoro. Jordan Karp also represented the Seller, Brickell Miami, LLC, an entity affiliated with Al Thanis, members of Qatar’s ruling royal family, in the deal. Sheikh Tamim bin Hamad Al Thani is the Emir of Qatar.
Situated on a premier corner lot, the 124 key Hotel and remaining 4,530 square foot ground floor Prime Restaurant/Retail space and associated hotel and restaurant FF&E within the 54-story mixed-use building was purchased by 1300 Brickell Miami, LLC, a Florida limited liability company, which is controlled by Kastrati Group, an Albanian privately-owned group of companies employing over 5000 people established in 1991 by Mr. Shefqet Kastrati and mainly recognized as the leading Albanian retail and wholesale trader of hydrocarbon products. Kastrati successfully operates in other industries, such as: insurance, construction, real estate development, infrastructure development, tourism, hospitality, automotive distribution, retail. After signing management contracts with Hyatt and Hilton in Albania, Kastrati Group purchased the first property in the United States and is looking to further expand its portfolio.
Charlie Ratner, Esq. of Miami Beach based Charles Ratner. P.A., whose grandfather built the iconic Clevelander Hotel in Miami Beach and whose uncle Nat Ratner brokered the original sale of nearby Fisher Island in the 1950’s, represented the Buyer as Real Estate counsel in the complex purchase.
Situated in the center of Brickell’s fast-paced urban environment, the SLS Brickell Hotel is surrounded by a plethora of high-rise condominiums, Class A office buildings, sophisticated retail, and dining options. As a thriving residential and commercial district, the bustling business hub is a magnet for high foot traffic and is recognized as the second-largest international banking hub in the country.
The Related Group and Dakota Development developed the SLS Brickell Miami property in 2016 and sold the SLS Brickell Hotel component in 2019 for $43 million. The asset boasts nearly 58,000 square feet of indoor and outdoor event space, two fully-built ground-floor restaurants, three bars/lounges, a rooftop pool terrace, two ballrooms, various meeting spaces, a fitness-center and the Ciel Spa. Designed by Philippe Starck and Arquitectonica, the hotel traded in this deal occupies the first nine floors of the SLS Tower, with common areas and 453 residential condominium units above. Fi’lia Restaurant currently occupies the 4,530 square-feet of ground floor retail which also traded in the current sale. Jordan Karp also arranged the recent off-market sale by Brickell Miami LLC to Black Lion’s Robert Rivani of the adjacent 7,182 square-foot commercial restaurant space in the project, formerly occupied by celebrity chef Jose Andres’ Bazaar Mar for $10 million in April 2023, and slated for a new restaurant concept.
In 2022, U.S. hotels saw approximately $44.9 billion of investment. Gross hotel revenue increased by 29% in Miami-Dade County in 2022, according to the Greater Miami Convention and Visitors Bureau. With record-high visitor growth and more than 17.1 million hotel room nights sold in 2022, SLS Brickell Hotel’s landmark transaction reinforces the region’s appeal to investors and strengthens its reputation as a premier destination for business and leisure travel.
Images via Disruptive Real Estate and Jordan Karp LLC
2200 Brickell Secures $77 Million Construction Loan from Bank OZK
Aria Development Group, Largo and Place Projects have secured $77 million in construction financing for 2200 Brickell, a five-story luxury condominium development on Brickell’s lush Millionaire’s Row. The construction financing was provided by Bank OZK which was represented by King & Spalding. Hunton Andrews Kurth and The Aztec Group represented the developers. 2200 Brickell is slated to break ground in Q4 2023. Residences are priced from $1.2 million
Aria Development Group, Largo and Place Projects have secured $77 million in construction financing for 2200 Brickell, a five-story luxury condominium development on Brickell’s lush Millionaire’s Row. The construction financing was provided by Bank OZK which was represented by King & Spalding. Hunton Andrews Kurth and The Aztec Group represented the developers. 2200 Brickell is slated to break ground in Q4 2023. Residences are priced from $1.2 million with One World Properties as the exclusive developer sales brokerage representing 2200 Brickell.
“We are thrilled to continue our partnership with Bank OZK to bring this amazing project to life,” said David Arditi, Managing Partner of Aria Development Group. “Brickell remains a top market within Miami’s luxury sector. 2200 Brickell will play an instrumental role in continuing Brickell’s success thanks to its focus on residential wellness, tailored amenities in a boutique setting. Together with our partners, we look forward to welcoming residents into an exciting building in this thriving neighborhood.”
Situated along Brickell’s historic Millionaire’s Row, 2200 Brickell offers two, three, and four-bedroom condominiums and garden villas ranging from 1,200 to 2,100 square feet. Designed by Revuelta Architecture International, with interiors by the award-winning team at ODA New York, it is meticulously crafted to enhance the quality of life for all who live there through a harmonious fusion of organic and geometric design. Additionally, 2200 Brickell is being designed as a WELL Certified building, meaning it adheres to the WELL Building Standard™. This standard is focused on ensuring the health and wellness of residents by creating a positive human experience centered around 10 core concepts ranging from light, movement, and nourishment to materials, mind, and community.
“Bank OZK is pleased to provide construction financing for 2200 Brickell,” stated Greg Newman, Senior Managing Director of Originations at Bank OZK. “Aria and its partners are developing a trophy asset that is destined to be one of the premier condominium developments in Miami. This combination of top-tier sponsorship, marquee asset and dominant location aligns perfectly with our real estate lending strategy.”
2200 Brickell will offer an array of amenities including its one-acre rooftop haven, a sun-drenched lush landscape of exquisitely elevated amenities. This one-of-a-kind rooftop space includes a resort-style pool and outdoor spa with pool-side cabanas, a pickleball court, a summer kitchen with multiple seating areas, an outdoor fitness area designed by HOMAGE Fitness, a children’s play area designed by Silver Hill Arts, and a quarter-mile walking track.
Indoors, additional amenities include a cycling lounge and workshop with bicycle storage, custom indoor children’s playroom designed by Silver Hill Arts, a world-class state-of-the-art fitness center designed by HOMAGE Fitness, a wellness lounge with a treatment room and sauna, dedicated work from home suites with a conference room, a resident lounge and entertaining space, Luxer One automated parcel storage featuring a contactless digital package delivery system with cold storage, and a double-height, 24-hour attended lobby. For further convenience, residents will enjoy above-ground parking on all levels with direct access to their residences, on-site valet parking, electric vehicle charging stations, and a covered porte-cochère.
Images via 2200 Brickell
St. Regis Residences Miami Reveals New Renderings and Ultra-Luxury Sales Gallery
The St. Regis Residences Miami (The Residences) has revealed new renderings and images of its newly unveiled ultra-luxury sales gallery. Located within the prestigious South Brickell neighborhood, The Residences is set to rise 50-stories on South Brickell’s waterfront, offering a bespoke experience synonymous with the St. Regis brand.
The St. Regis Residences Miami (The Residences) has revealed new renderings and images of its newly unveiled ultra-luxury sales gallery. Located within the prestigious South Brickell neighborhood, The Residences is set to rise 50-stories on South Brickell’s waterfront, offering a bespoke experience synonymous with the St. Regis brand.
Developed by Related Group and Integra Investments, every inch of the tower is being painstakingly curated and manicured, designed by a visionary team, with architecture by the esteemed Robert A.M. Stern Architects (RAMSA) and interiors by the renowned Rockwell Group. The Residences marks RAMSA's first residential development in South Florida, showcasing their modern classicism style inspired by the elegance of golden-age ocean liners at sea. Each of the 152 residences offers panoramic water views, access to world-class amenities and services including over 50,000 square feet of indoor and outdoor amenities.
Residences will range from two to six bedrooms with lavish finishes throughout. The grand floor plans include private elevators and entry foyers, as well as oversized walk-in closets, spa-like bathrooms and more. Kitchens are equipped with top-of-the-line Sub-Zero and Wolf appliances, custom Italian cabinetry designed by Rockwell Group, and imported natural stone countertops and backsplashes. Each residence will also showcase panoramic views of Biscayne Bay and the glittering Brickell skyline.
Amenities include a fine-dining restaurant by Michelin-starred chef Fabio Trabocchi; a professional-grade fitness center with a pilates and yoga studio; a new, full-size pickleball court; a world-class spa and holistic wellness center; an indoor lap pool; and the iconic St. Regis Tea Room.
Park-like grounds surround the building with lush landscaping designed by the acclaimed Swiss design firm, Enea Garden Design. Signature butler services complete the lifestyle experience, including services such as deliveries to residences, an on-premises house car, shoeshine service and other personal arrangements.
The Residences’ recently opened sales gallery provides a glimpse into the elevated lifestyle that awaits the future residents of this prestigious address. A lavishly appointed model residence showcases the actual offerings home owners will find inside their units, including a spacious bedroom, oversized walk-in closet, modern living room, luxurious bathroom with dual sinks, and a waterfront terrace.
Images via Related Group
Dolce&Gabbana and JDS Launch Fashion House's First Global Residences and Hotel at 888 Brickell Supertall Tower
Dolce&Gabbana has unveiled 888 Brickell, its first real estate project in Miami, in collaboration with developer JDS Development Group. The supertall tower will be the tallest building in the city at 1,049 feet, rising 90-stories, and will offer 259 custom residences interior designed comprehensively by Dolce&Gabbana, along with a 5-star hotel.
Dolce&Gabbana has unveiled 888 Brickell, its first real estate project in Miami, in collaboration with developer JDS Development Group. The supertall tower will be the tallest building in the city at 1,049 feet, rising 90-stories, and will offer 259 custom residences interior designed comprehensively by Dolce&Gabbana, along with a 5-star hotel. Together, 888 Brickell will be a place to savor the splendor of luxury, and to experience the authentic Dolce&Gabbana lifestyle in one of the most vibrant cities in the world. Pricing will range from approximately $3.5 million to over $35 million with sales and marketing exclusively overseen by OFFICIAL Partners.
A striking new addition to the Magic City skyline with its stone-cladded exterior and glossy black façade, 888 Brickell, Dolce&Gabbana, Miami will be the tallest building in Miami, establishing a new standard in the architectural landscape. The façade, designed in collaboration with architects Studio Sofield, features an elegant and restrained combination of ivory travertine and matte black steel beams that give the building an expressly vertical appearance, setting it far apart from its neighbors.
Towards street level, the building dons a gold beaded “necklace” that brings a warm luster and brilliant shine to the property. Inspired by quintessential modernist skyscrapers and Milanese mid-century design and fashion, 888 Brickell, Dolce&Gabbana conveys a striking and bold architecture in Miami.
“We are proud to keep the value of Italian Fatto a Mano as the defining ethos within all our projects: after the launch of our Casa Collection, it was natural to think of a residential project developed in accordance with the very best in Italian hospitality. We wanted to present 888 Brickell as part of our latest Alta Moda events, in Puglia, a perfect and meaningful context to kick off an initiative of this magnitude. We are happy to be able to present our first residential project in Miami, a city that has always welcomed us with enthusiasm, a global destination with an unparalleled culture and lifestyle: we can't wait to pave the way for our interior design experience at 888 Brickell.” Said Alfonso Dolce, CEO at Dolce&Gabbana.
“At a time when Miami is enjoying an incredible renaissance, we are proud to launch a global first collaboration at 888 Brickell with Dolce&Gabbana. For us, Dolce&Gabbana is the perfect partner to realize this new chapter and future vision for our iconic tower. The global fashion house’s pursuit of quality and detail in design — together with their ability to create a beautiful world of authentic lifestyle filled with incredible hospitality — ensures we are absolutely embarking on a successful, creative journey for our future residents and visitors alike.” Said Michael Stern, Founder and CEO at JDS Development Group.
Renowned for their unwavering dedication to craftsmanship and their relentless commitment to sourcing luxurious and well-considered materials, Dolce&Gabbana elevates the design of 888 to an unmatched level. Each of the 259 residences, encompassing a range from 1-4 bedrooms, is meticulously curated by Domenico Dolce and Stefano Gabbana. From bespoke hardware and rare wood and stone species to impeccably tailored furniture and hand-crafted millwork, Dolce&Gabbana brings its signature glamour and grace to every square inch of the residences at 888.
Every home is a complete turnkey offering, thoughtfully designed to effortlessly transition from a private residence to separate, individual private suites. Exuding sophistication and refinement, the residences at 888 are fully appointed, ensuring a seamless experience.
Dolce&Gabbana and JDS Development conceived, designed, and programmed every inch of the 115,000 square feet of amenities throughout the property. The idea is to just show up, and everything is taken care of. From the moment you wake up to the moment you go to sleep, every whim and desire is anticipated.
Home to both a premier hotel offering world-class hospitality and 259 exquisitely furnished private residences by Dolce&Gabbana, 888 is an unprecedented hybrid of lifestyle-driven hospitality and elevated residential development. Spread over eight floors, 888 features a robust suite of amenities focused on entertaining, sports, leisure, wellness and fitness, and dining.
Amenities include a Porte Cochere arrival below a gold beaded decorative screen and custom pendants; a signature restaurant curated by Dolce&Gabbana; a private residential lobby; a double-height indoor panel court; fitness center, golf simulator; cold and hot plunge pools; a recovery spa and a a double-height grand lobby with two bars. The 4,000 SF pool deck features a grand pool bar with poolside service; a pool deck restaurant; private cabanas with flexible shade devices; and water lounge chairs. There will also be a grand event space with outdoor terrace; demo kitchen with private dining, theater space, pool tables and wine cellar.
Images via LL&CO
Bal Harbour Shops has unveiled its fully leased, 200,000-square-foot West Shops expansion, with 30 luxury boutiques and flagship stores and openings continuing through 2028.