Location Ventures Launches Condo Sales For URBIN Mixed-Use Condo, Co-Working Lifestyle In Miami Beach and Coconut Grove
The desire to live and work in city centers throughout the world is often met with challenges in accessibility, mobility, and sustainability…until now. Location Ventures, a Miami-based, integrated real estate platform that delivers fully-connected residential and mixed-use projects, has announced the launch of residential sales for URBIN.
The desire to live and work in city centers throughout the world is often met with challenges in accessibility, mobility, and sustainability…until now. Location Ventures – a Miami-based, integrated real estate platform that delivers thoughtfully-designed and fully-connected residential and mixed-use projects – announced today the launch of residential sales for URBIN. A first-to-market, mixed-use brand, URBIN unites design-forward residences for short- or long-term rent with all-inclusive co-working spaces, wellness amenity programming, social activations, and lifestyle-oriented retail, all in one central address.
URBIN has initiated condo presales for its first location in Miami Beach, marking the first phase of the brand’s official launch with 60 percent pre-sold in the first 30 days. The launch of presales for a second location in Coconut Grove will immediately follow to meet growing demand. The brand will further scale with additional locations in key markets throughout the U.S., designing each to fit into the context of its carefully selected setting.
With exclusive sales and marketing representation by ONE Sotheby’s International Realty, URBIN presents turnkey units, designed in a collective living style. Priced from $400,000, residences will be available in diverse floor plans. In Miami Beach, studios will start at 275 square feet and expand to spacious multi-room residences that range from two- to four-bedrooms at up to 1,334 square feet. In Coconut Grove, residences range from studios at 331 square feet to six bedrooms at 2,352 square feet. Both locations will feature fewer than 100 units to allow for a tailored and more private living experience.
As an opportunity to own property in one of the world’s most sought destinations through URBIN, owners will have exclusive access to a lease-back program with the dual freedom to stay on property for up to 90 nights per year. While away, the residence is professionally managed by the brand and available for rent.
“URBIN celebrates a new way of living by bringing people together through home, work, and wellness in a single setting,” said Rishi Kapoor, CEO of Location Ventures. “Through integrating quality design, technology, wellness and social programming, we’re hoping to foster community and enable a high-quality of life in these city-centric ‘urban’ neighborhoods.”
URBIN residences will offer various layouts and provide a selection of shared spaces per unit, such as a common kitchen, dining and living area. The contemporary-designed condos are fully furnished and include efficient layouts to maximize space, while featuring high-end fixtures and Energy-Star stainless steel appliances, and plenty of storage space. Enticing, service-driven amenities, such as housekeeping, room service, and valet are complemented by on-site food and beverage venues; a wellness center with programming for mindfulness, movement, nourishment, and healing; and a rooftop pool deck with green spaces and lounge areas.
From owners of large enterprises to remote workers, URBIN’s co-working space brings a heightened level of service to the work experience. Members are given access to bespoke support tools, including consulting, administrative and networking, to further drive their business goals. Those who utilize the space are not required to live on property; however, members who both live and work at URBIN unlock exclusive rates.
URBIN Miami Beach, located at 1260 Washington Ave., is designed by Touzet Studio, led by Carlos Prio-Touzet and Jacqueline Gonzalez-Touzet. The building’s façade will complement the playful energy of Miami Beach, featuring geometric styles and colors found throughout the neighborhood with a nod to its Art Deco heritage. Its common area and amenity interiors are curated by Meyer Davis, the award-winning design studio from New York City. The property will undergo a complete renovation to the existing 33,488-square-foot site, in addition to the ground-up development of a 44,000-square-foot building.
URBIN’s second location is at 3162 Commodore Plaza in Coconut Grove, a less than five-minute walk from the newly-unveiled CocoWalk. Arquitectonica and Paredes Architects designed the exterior to integrate seamlessly with the contemporary new builds in the surrounding area. The residences will feature interior design by am studio, a boutique design collaborative committed to creating cohesive, resourceful, and oneiric spaces. The development of URBIN Coconut Grove will include the conversion of a nearly 33,000-square foot commercial building, roughly 5,000-square-foot restaurant, and 23,490-square-foot property, as well as a ground-up development.
URBIN will join the renaissance and expansion currently underway on Washington Avenue and Commodore Plaza – two streets situated in two of the city’s most thriving and in-demand districts. The sales launch of URBIN aims to reach both domestic and international investors attracted to South Florida by providing a unique live-work-well offering in the market.
For more information, please visit www.urbincondos.com or call 305.376.7274.
About URBIN
URBIN is a first-to-market, mixed-use brand with properties situated in renowned locations, offering an authentic, responsible, and flexible lifestyle when living and working in city centers. The first two locations will be in Miami Beach and Coconut Grove, Florida, with additional locations in key U.S. markets forthcoming. URBIN, developed by Location Ventures, the Miami-based real estate investment and development firm, has a vision to create places where one can live, work, and seek wellness in the heart of coveted neighborhoods. Each property will feature a membership-based platform and unite condos with all-inclusive co-working spaces, wellness amenities and programming, social activations, and lifestyle-oriented retail. URBIN features design-forward, turnkey rental residences with a select number available for purchase. Owners can enjoy their abode for personal use, for up to 90 nights per year; while away, the residence is professionally managed by the brand and available for rent through the property’s exclusive lease-back program. Exclusive sales and marketing for URBIN residences is by ONE Sotheby’s International Realty.
URBIN is backed by investors David Martin, CEO of Terra Group; Rudy Touzet, CEO of Banyan Street Capital; the Murphy family of Coastal Construction; former New York Jets and New Orleans Saints linebacker Jonathan Vilma; Gabriel Navarro, Marcel Navarro and Martin Pico of MMG Equity Partners; Marty Halpern of UnitedTranzactions; and a group of owners from Location Ventures.
About Location Ventures
Location Ventures is an integrated real estate platform that provides comprehensive investment, development, management, marketing, and sales for residential and mixed-use properties in the South Florida market and beyond. Location Ventures invests in one-of-a-kind living experiences that make the highest and best use of unique development locations. The company’s more than $600 million portfolio contains a mix of ultra-luxury single-family homes, boutique condominiums, and an urban-centered mixed-use project where young professionals live and work at one address.
About ONE Sotheby’s International Realty
ONE Sotheby’s International Realty is South Florida’s premier source for luxury real estate and development opportunities with 17 offices spanning from Miami and Key Biscayne to Palm Beach and Stuart. Since its inception in 2008, ONE SIR has recruited more than 800 of the world’s most passionate and well-connected agents, backed by a global brand with a heritage of unsurpassed quality, value and trust. ONE Sotheby’s International Realty’s direct affiliation with Sotheby’s Auction House and Sotheby’s International Realty has offered the company unparalleled, global reach – an attribute sellers reap the full benefit of as their homes receive prime exposure to a network of more than 22,000 associates in 72 countries and territories across 960 offices. In addition to its luxury brokerage division, the firm also offers a development sales division representing some of South Florida’s most successful and prestigious condo developments with a total inventory of over $3.5 billion. With a vision rooted in providing exceptional service, superior market knowledge and the latest technology, ONE Sotheby’s International Realty is dedicated to giving extraordinary lives a home to thrive. www.onesothebysrealty.com
Images via Location Ventures
The article was produced in partnership with Location Ventures
The CocoWalk Mixed-Use Property Reaches 100% Leased in Miami’s Vibrant Coconut Grove
Less than a year since its reopening, the newly renovated CocoWalk mixed-use property announces its retail and office components are fully leased in Miami’s vibrant Coconut Grove neighborhood. Following an extensive multimillion-dollar renovation, the property now features 150,000 SF of prime retail space and a newly built, 85,745-square-foot office building.
Less than a year since its reopening, the newly renovated CocoWalk mixed-use property announces its retail and office components are fully leased in Miami’s vibrant Coconut Grove neighborhood. Following an extensive multimillion-dollar renovation, the property now features 150,000 square feet of prime retail space leased to leading local, national and international restaurant and retail brands and a newly built, 85,745-square-foot office building that is home to regional and global businesses. The mixed-use property is owned by a joint venture comprised of Federal Realty Investment Trust (NYSE: FRT), The Comras Company and Grass River Property.
“The office and retail leasing success CocoWalk has achieved demonstrates how Coconut Grove is becoming a leading destination for business and leisure,” said Stuart Biel, senior vice president of regional leasing at Federal Realty Investment Trust. “The diverse mix of service-oriented retail, chef-driven restaurant concepts and entertainment the reimagined CocoWalk offers will serve locals and visitors alike, while also providing onsite amenities to the daytime population occupying our office spaces.”
Along with reaching 100% leased, CocoWalk has completed leasing its office spaces attracting seven companies representing the financial and investment, hospitality and cruise industries, amongst the fastest growing in the region. The latest businesses to ink office leases are: cruise line Azamara; Creating Culinary Communities, or C3, a company led by Sam Nazarian, the founder of global hospitality firm sbe Entertainment Group that operates multiple SLS, Mondrian and Delano hotel locations; Uno Management Services; Lagoon Advisors, an investment banking advisory firm; Baymount Management, an investment management firm; The Jordan Company, a private equity firm with offices in New York, NY; Stamford, CT and Chicago, IL; and OC Investment Management, LLC.
Following the extensive remodel, CocoWalk now features three levels of prime retail space, the newly built class A office building One Cocowalk and renovated office space on the property’s west side known as Two Cocowalk. New-to-market tenant The Jordan Company is leasing 12,717 square feet; Uno Management Services will occupy 8,273 square feet; Lagoon Advisors will take 3,510 square feet; Baymount Management 1,928 square feet; and OC Investment Management, LLC another 1,247 square feet at One Cocowalk. Meanwhile, upscale cruise line Azamara inked a 9,286-square-foot lease; and C3 will occupy 9,205 square feet that will be home to its headquarters, a test kitchen, and culinary institute at Two Cocowalk.
The newly signed companies join an office tenant roster that includes American Land Ventures, international law firm Weinberg, Wheeler, Hudgins, Gunn & Dial, LLC, private equity firm Boyne Capital, and creative co-working pioneer Spaces. Amenities at the office building include dedicated elevators connecting office users with private parking, 24/7 security, a full-service, on-site gym and access to the building’s rooftop terrace and event space that overlook Coconut Grove’s lush tree canopy and bay views.
The exclusive leasing agent for the office space at CocoWalk is Blanca Commercial Real Estate led by Founder, Chairman and CEO Tere Blanca, Executive Vice Chairman Danet Linares and Vice Chairman Juan Ruiz.
“The successful leasing of CocoWalk’s office component has been a result of the quality office space, strategic location and direct access to dozens of dining and shopping options that the property offers,” said Tere Blanca, Chairman and CEO of Blanca Commercial Real Estate.
Among the restaurant and retailer concepts already signed at CocoWalk are Planta Queen, Sushi Garage, Mister 01 Extraordinary, Botanico Gin & Cookhouse, Salt & Straw, Sweetgreen, Narbona Natural Foods & Farm Market, Bluemercury, Edward Beiner, Edite Mode and The Spot Barbershop.
Tour Marrying Millions Star Bill Hutchinson's Pink Miami Coconut Grove Castle Which Just Sold For $10 Million
“Marrying Millions” star Bill Hutchinson has sold his pink Miami waterfront castle in Miami’s hot Coconut Grove neighborhood for $10 million. The home was initially listed for $8.2 million before agents Chad Carroll and Matthew Dugow raised the price to $10.95 million.
“Marrying Millions” star Bill Hutchinson has sold his pink Miami waterfront castle in Miami’s hot Coconut Grove neighborhood for $10 million. The home was initially listed for $8.2 million before agents Chad Carroll and Matthew Dugow raised the price to $10.95 million. Bill Hutchinson was represented by Chad Carroll and Matthew Dugow with The Carroll Group at Compass and the buyers were represented by Meredith Zeder with The Jills Zeder Group at Coldwell Banker Realty. Hutchinson had acquired the property for $5.6 million in 2016.
The Castle-like mansion was built in 2009 and offers 6 bedrooms and 7 bathrooms spread over 12,000 SF of living space. The custom built home features Gothic architecture and contemporary finishes with a great hall, 30 foot vaulted ceilings, stone fireplaces, antique stained glass windows, French cast bronze chandeliers, Jerusalem stone floors, Cast stone window tracery, a gourmet chef's kitchen with La Cornue stove, elevator, and a rooftop sun deck. Outdoors the home features 65-feet of water frontage, a keystone-edged infinity pool, elevator, rooftop sundeck, and cement dock.
Hutchinson was the founder of real estate investment firm Dunhill Partners and appeared on both seasons of “Marrying Millions” on Lifetime. He was arrested this summer for alleged sexual assault and rape of two teenagers in Orange County, CA in which he pled not guilty and was recently sued in Texas for sexual assault. The cases are on-going.
Coconut Grove has seen intense demand among real estate buyers recently for homes and ultra-luxury real estate as new restaurants, retail and lifestyle attractions open and are announced regularly. 3503 Main Lodge Drive in Camp Biscayne just sold for $19 million the same week Related Group's Jorge Pérez sold his waterfront Coconut Grove estate for $33 million to a cannabis executive. The Miami-Dade record for most expensive home was broken with the currently under construction 3488 Saint Gaudens Road in Coconut Grove selling for a record $65 million. Jorge Mas sold his waterfront home known as Casa Bahia at 3085 Munroe Drive for $45.91 million and in June 2021 private equity investor Nathan Leight of Terrapin Partners sold 3500 and 3535 Curtis Lane for $48 million.
Images via The Chad Carroll Group
Tour A Lavish Waterfront Coconut Grove Estate In The Exclusive Camp Biscayne That Just Sold For $19 Million
A lavish waterfront estate in Coconut Grove has sold for $19 million, just 33 days after hitting the market. 3503 Main Lodge Drive is one of only 18 homes in the prestigious, private guard gated community of Camp Biscayne.
A lavish waterfront estate in Coconut Grove has sold for $19 million, just 33 days after hitting the market. 3503 Main Lodge Drive is one of only 18 homes in the prestigious, private guard gated community of Camp Biscayne. The rare property is situated on a 44,334 SF lot overlooking the sparkling waters of Biscayne Bay. The home was listed with Toni Schrager of Brown Harris Stevens Miami and Judith Werner and Arielle Werner of Bold Miami represented the buyer.
The home itself is a 14,000 SF estate inspired by the historic grand coastal villas of Spain. It currently consists of 6 bedrooms, 6 bathrooms and 2 half bathrooms but the list agent Schrager predicts it will likely be extensively renovated or torn down to make way for a new build. Among the property’s many luxe highlights are a private white sand beach that spans 100’ as well as dock and seawall providing 200’ of protected dockage.
Coconut Grove has been a hot neighborhood for ultra-luxury real estate deals. The sale of 3503 Main Lodge Drive is the latest example demonstrating intense demand among buyers for homes in Coconut Grove as new restaurants, retail and lifestyle attractions open and are announced regularly. Related Group's Jorge Pérez recently sold his waterfront Coconut Grove estate for $33 million to a cannabis executive. The Miami-Dade record for most expensive home was broken with the currently under construction 3488 Saint Gaudens Road in Coconut Grove selling for a record $65 million. Jorge Mas sold his waterfront home known as Casa Bahia at 3085 Munroe Drive for $45.91 million and in June 2021 private equity investor Nathan Leight of Terrapin Partners sold 3500 and 3535 Curtis Lane for $48 million.
CORE Apartment Tower Opens At 13th Floor Investments And Adler Group's Mixed-Use Link at Douglas
13th Floor Investments and Adler Group’s 312-unit, transit-oriented CORE residential tower is now open and welcoming residents, marking the first building to deliver within the 7-acre Link at Douglas mixed-use development adjacent to the Miami-Dade Metrorail and The Underline linear park.
13th Floor Investments and Adler Group’s 312-unit, transit-oriented CORE residential tower is now open and welcoming residents, marking the first building to deliver within the 7-acre Link at Douglas mixed-use development adjacent to the Miami-Dade Metrorail and The Underline linear park. Situated at 3060 SW 37th Ave., CORE provides lifestyle-driven amenities, unmatched connectivity and a central location near Miami’s most in-demand shopping, dining, and entertainment destinations. Additionally, the building has over 6,000 SF of retail space on the ground-floor level that will be home to several exciting dining and service-oriented retail concepts.
The overall Link at Douglas mixed-use project is led by a joint venture between Miami-based real estate developers 13th Floor Investments and Adler Group, in partnership with global investment manager Barings.
The 22-story CORE provides panoramic city views and offers studios, one- and two-bedroom apartments with modern finishes. The property, which is already more than 50% leased, offers rental rates starting at $1,690 for studios, $2,090 for one-bedrooms and $2,790 for two-bedrooms. As part of its opening promotion, the building is offering one month of free rent for new residents.
“We are thrilled to open the doors at CORE, our first apartment building at the Link at Douglas transit-oriented development. Since we started leasing, we have seen a steady demand for high-quality rentals that has surpassed our expectations,” said Jonathan Raiffe, Chief Operating Officer of Adler Group, on behalf of the joint venture development team. “Our leasing success reflects CORE’s high-quality apartments, top-of-the-line amenities, and superb connectivity to several public transit options.”
Situated at the confluence of two of Miami’s most popular neighborhoods, Coral Gables and Coconut Grove, CORE is near major shopping, dining and entertainment options such as Shops at Merrick Park and the newly reopened CocoWalk. The tower’s transit-oriented location offers direct access to Miami-Dade County’s Metrorail system, the Miami-Dade bus lines and both the Coral Gables and Coconut Grove Trolleys, making car-free living a viable option for residents while easily connecting with communities such as Coral Gables, Coconut Grove, Brickell, Downtown Miami and the Health District. Additionally, the property sits within walking or biking distance to the University of Miami main campus.
Lifestyle-driven amenities include a rooftop pool deck with stunning views, poolside barbecue grills, private cabanas, as well as a fitness center with a yoga studio, and an entertainment media room. A modern business center was designed with sleek workspaces, private offices and lounge areas along with a conference room, outdoor work terrace and other features that make working from home a more productive and enjoyable experience. A social lounge comes complete with billiards, shuffleboard, ping pong, and a furnished seating area centered around a fireplace. Additional perks include a secured package room, dog washroom, bike storage, and available WiFi in all common areas. Residents will also benefit from The Underline, a 10-mile linear park underneath the property that spans from Downtown to South Miami, perfect for outdoor exercise.
Apartment units feature private balconies and floor-to-ceiling windows that offers ample natural light. Residences are designed with luxury plank flooring, granite countertops, modern kitchen hardware and appliances, an in-home washer and dryer, and porcelain shower walls.
The next tower to open at Link at Douglas is CASCADE, a 36-story rental apartment building under construction and set to deliver in mid-2022, which will feature a 25,000-square-foot Milam’s Market on the ground-floor level. The overall Link at Douglas master plan will encompass approximately 1,500 residential units, over 32,000 SF of retail space, a 100,000 SF, class A office building, and a public plaza that connects with The Underline linear park.
Bozzuto Group is CORE’s provider of property management services, including full-service concierge, 24-hour maintenance, resident app, recurrent resident events and its signature away-from-home services of plant care, newspaper delivery and in-home package delivery. Bozzuto Management has been ranked #1 for online reputation for six years in a row.
Five New Wellness And Beauty Retailers Sign Leases At CocoWalk In Coconut Grove
Five new retailers focused on health, wellness, and beauty have signed leases at CocoWalk, the newly reopened lifestyle destination in Coconut Grove. Inspired by residents’ focus on health and wellness, the ownership hand-picked these new retailers to cater to all the lifestyle and beauty needs of area residents.
Five new retailers focused on health, wellness, and beauty have signed leases at CocoWalk, the newly reopened lifestyle destination in Coconut Grove. Inspired by residents’ focus on health and wellness, the ownership hand-picked these new retailers to cater to all the lifestyle and beauty needs of area residents and the surrounding communities.
The latest brands to sign retail leases are GlossLab, a hygiene-first, membership based nail studio from New York that is opening its first Miami location and has hospitality entrepreneur David Grutman as one of its investors set to open in summer 2022; Antidote Wellness Labs, a boutique fitness studio that focuses on High Intensity Interval Training, nutrition, and holistic wellness; chic jewelry brand hailing from Saint-Tropez, Gas Bijoux; Skin Lab by Barba Skin Clinic founded by Harvard-educated dermatologist Dr. Alicia Barba, who has partnered with Skinceuticals; and 3D Brow Studio, specializing in curating perfect eyebrows.
Antidote Wellness Labs will occupy about 2,577 SF on the second floor, accompanied by Barba Skin Clinic with about 2,181 SF and 3D Brow Studio with 1,062 SF. Gas Bijoux will be located on the first floor with 562 SF facing the open-air plaza.
CocoWalk has several more restaurants nearing opening including the highly anticipated Botanico Gin & Cookhouse, which is slated for opening later this summer. Marking the first establishment in Miami to embrace gin’s international resurgence, Botanico will incorporate modern American cuisine with a bar focused on gin cocktails and Mediterranean cuisine led by Mexican Executive Chef and Co-Owner Gerardo B. De Negri.
Sunset Harbour sushi outpost Sushi Garage is also expected open at CocoWalk this fall. Sushi Garage is owned and operated by The Juvia Group and will honor Japanese traditional cuisine utilizing the freshest ingredients in the setting of a contemporary designed space that will make for a unique dining experience.
Following CocoWalk’s multi-million-dollar renovation, the open-air lifestyle center features 150,000 SF of prime retail space in the heart of Coconut Grove, one of Miami’s premier neighborhoods. The property’s ownership group is comprised of Federal Realty Investment Trust (NYSE: FRT), The Comras Company and Grass River Property.
“We’re incredibly excited to welcome these four new retailers and to increase CocoWalk’s health, wellness, and beauty offerings to the community,” said Michael Comras, CEO and President of The Comras Company. “Our goal with the newly renovated CocoWalk is to reinvigorate the lifestyle destination and offer a more curated experience to those who live, work, and play in Coconut Grove. These brands and our upcoming restaurant openings will further enhance the lifestyle, dining and shopping experience the new CocoWalk has to offer.”
The new retailers join an already impressive line-up of curated national, regional, and local concepts already open on property. Restaurants currently serving up delicious eats at CocoWalk include PLANTA Queen, Mister 01Extraordinary Pizza, Sweetgreen, and Salt & Straw. Businesses currently providing unique retail offerings and other services include Bluemercury, FP Movement, Edward Beiner, Europann, Edite Mode, Late Night Gypsy, The Spot Barbershop, and School of Rock.
Waterfront Coconut Grove Spec Mansion Sells For Record Breaking $65 Million
A waterfront spec mansion which is currently under construction at 3488 Saint Gaudens Road in Coconut Grove has sold for a record $65 million. The sale price includes the cost of completing the home and is the most expensive closed home sale ever in Miami-Dade County.
A waterfront spec mansion which is currently under construction at 3488 Saint Gaudens Road in Coconut Grove has sold for a record $65 million. The sale price includes the cost of completing the home and is the most expensive closed home sale ever in Miami-Dade County. The deed traded for $50 million, but the $65 million sale price includes the cost of completing the home.
The seller was Isaac Perez and the buyer is a Delaware LLC who financed the acquisition with a $20 million mortgage from Maxim Capital Group. Jorge Uribe of ONE Sotheby’s International Realty represented the seller and Oren Alexander of The Alexander Team at Douglas Elliman represented the buyer.
3488 Saint Gaudens Road was designed by Pacheco Martinez & Associates. The estate spans 4.3 acres which Perez acquired for roughly $24.2 million. He purchased the first three lots in the assemblage for $18 million in 2013 and later added a fourth parcel for $6.2 million in 2020.
Coconut Grove has been a hot neighborhood for ultra-luxury real estate deals. Jorge Mas sold his waterfront home known as Casa Bahia at 3085 Munroe Drive for $45.91 million and in June 2021 private equity investor Nathan Leight of Terrapin Partners sold 3500 and 3535 Curtis Lane for $48 million. Related Group’s founder Jorge Pérez recently listed his waterfront home for $33 million.
The record for most expensive home sale in Miami-Dade County was previously held by 3 Indian Creek Island Road which traded for $49.9 million in 2019.
Images via Pacheco-Martinez & Associates
Sam Nazarian's New Dining And Delivery Platform C3 Hospitality Inks Lease For 10K SF In CocoWalk
Hospitality mogul Sam Nazarian’s new dining and delivery platform C3 Hospitality is coming to Coconut Grove after inking a lease at CocoWalk. The innovative dining hospitality platform will occupy 10,000 SF at CocoWalk, located at 3015 Grand Avenue in Coconut Grove, and is expected to open in 2022.
Hospitality mogul Sam Nazarian’s new dining and delivery platform C3 Hospitality is coming to Coconut Grove after inking a lease at CocoWalk. The innovative dining hospitality platform will occupy 10,000 SF at CocoWalk, located at 3015 Grand Avenue in Coconut Grove, and is expected to open in 2022. C3 Hospitality will have an office where they will operate the newly launched CitizensGo app as well as a test kitchen and culinary space.
CocoWalk recently underwent a full redevelopment led by Federal Realty Investment Trust with partners The Comras Company and Grass River Property. CocoWalk is four-stories tall and features 150,000 SF of prime retail, dining and entertainment space. The property’s east end also includes Class A office space.
Nazarian is the founder of SBE, the hotel and hospitality brand behind the SLS, Delano, Hyde and Mondrian hotel brands as well as Katsuya and Fi’lia restaurant brands, amongst others; but recently sold his remaining share of ownership to Accor.
C3 Hospitality operates a variety of initiatives including ghost kitchens, food halls and fast casuals which bring together a selection of proprietary brands around multiple distributions points for fast delivery. In Coconut Grove C3 Hospitality will operate the newly launched CitizensGo app which allows users to order directly from a selection of curated restaurants which are all located in the same location in a single shopping cart/ order to save on delivery fees and offering the ability to mix-and-match from different eateries. C3 Hospitality’s concepts include Umami Burger, Krispy Rice, EllaMia, Plant Nation and Sam’s Crispy Chicken.
The Transit-Oriented Mixed-Use Development CORE Link at Douglas Launches Leasing
The transit-oriented CORE Link at Douglas, a new 312-unit mixed-use multifamily tower, has launched leasing at the intersection of Coconut Grove and Coral Gables. Slated to open in August at 3060 SW 37th Avenue, CORE will become the first tower to open at Link at Douglas.
The transit-oriented CORE Link at Douglas, a new 312-unit mixed-use multifamily tower, has launched leasing at the intersection of Coconut Grove and Coral Gables. Slated to open in August at 3060 SW 37th Avenue, CORE will become the first tower to open at Link at Douglas, a 7-acre mixed-use development being developed adjacent to Miami’s Metrorail and The Underline linear park. The project is being developed by a joint venture between Miami-based real estate developers 13th Floor Investments and Adler Group, in partnership with global investment manager Barings.
The 22-story residential building will feature studios, one-, and two-bedroom apartments with upscale finishes and panoramic city views. Leasing rates will start at $1,690 for studios, $2,090 for one-bedrooms and $2,790 for two-bedrooms. As part of a special pre-leasing promotion, CORE is offering one month free for new renters, with an additional second month free for those signing a lease without a car and planning to utilize the development’s nearby transit access.
Apartments feature private balconies, floor-to-ceiling windows and a modern design that offers ample natural light. Residences are designed with luxury plank flooring, granite countertops, modern kitchen hardware and appliances, an in-home washer and dryer, and porcelain shower walls.
Amenities include a rooftop pool deck with stunning views, poolside grilling, private cabanas, as well as a fitness center with a yoga studio, business center, media room, and a social lounge complete with billiards, shuffleboard, ping pong, and a furnished seating area centered on a fireplace. Other amenities include secured package room, bike storage, and Wi-Fi in all common areas.
CORE’s ownership has selected The Bozzuto Group to provide property management, including full-service concierge, 24-hour maintenance, resident app, monthly resident events and its signature away-from-home services of plant care, newspaper delivery and in-home package delivery.
Located along US-1 and Douglas Road, CORE and Link at Douglas are perfectly situated to offer direct access to Miami-Dade County’s Metrorail system, the Miami-Dade bus lines and the Coral Gables Trolley. Directly underneath the property, residents can enjoy outdoor workout activities along The Underline, a 10-mile linear park under development that spans from Downtown Miami to South Miami.
“We are excited to deliver our first building at Link at Douglas. With CORE, we wanted to set a new standard for those who want a more connected lifestyle,” said Aaron Stolear, Associate Vice President of 13th Floor Investments, on behalf of the joint venture development team. “At CORE, residents will lease apartments but will ‘live’ at the building – the amenities are just that spectacular.”
CORE will be followed by CASCADE, an adjacent 36-story multifamily tower set to open at Link at Douglas in mid-2022, which will feature a 25,000-square-foot Milam’s Market on the ground-floor level. All told, the Link at Douglas development’s master plan will encompass 1,422 residential units, over 32,000 square feet of retail space, a 280,000-square-foot office building, and a public plaza that connects with The Underline.
Renderings via 13th Floor Investments/Adler Group/Barings
Popular Miami-Based Sushi Concept Omakai To Open In Coconut Grove
OMAKAI sushi will be expanding its fine casual, high-quality sushi concept beyond its original restaurant in Wynwood by opening in the heart of Coconut Grove in early 2022. OMAKAI sushi launched in November 2019, and is the brainchild of two brothers, Diego and Pedro Quijada, along with Nicolas Sayavedra and Chef Aaron Pate.
OMAKAI sushi will be expanding its fine casual, high-quality sushi concept beyond its original restaurant in Wynwood by opening in the heart of Coconut Grove in early 2022.
OMAKAI sushi launched in November 2019, and is the brainchild of two brothers, Diego and Pedro Quijada, along with Nicolas Sayavedra and Chef Aaron Pate. The team’s combined hospitality experience and passion for gastronomy led them to create this sushi concept, with omakase at the helm. The menu features various tasting options, along with its latest ‘HOME-AKASE’ offering, which is a tasting menu to go. Most recently, OMAKAI expanded operations with a ghost kitchen in Aventura to meet growing demand for take-out and delivery.
“We’re humbled by how receptive the community has been to OMAKAI sushi since the onset,” said Diego Quijada. “We’ve had unwavering support and loyal customers who keep returning to enjoy the highest-quality, most accessible traditional sushi in Miami. Our clients have truly paved the way for our business growth and these exciting expansion plans.”
Recognizing the bourgeoning restaurant scene in Coconut Grove, the OMAKAI sushi team plans to join the neighborhood in Q1 of 2022. Set to open at 3304 Mary Street in Coconut Grove, this new location is 2,182 square feet and will seat approximately 65 guests. Located at Terra Group’s headquarters building, the latest OMAKAI sushi restaurant was brokered by Sam Noddle of Comras Company.
“OMAKAI sushi is poised to be a key player in the growing restaurant landscape of Coconut Grove. We’re confident that this new audience will embrace our fine casual, premium traditional sushi concept as they have in Wynwood. With more locations and additional concepts in the works, this is truly just the beginning,” said Pedro Quijada.
Fouquet’s Hotel & Residences, Miami Design District has unveiled more than 40,000 square feet of amenities designed by RDAI, the Paris-based studio behind Hermès stores worldwide. The 143-residence development pairs rooftop leisure and wellness spaces with direct access to an 85-key Fouquet’s hotel.