Commercial, Downtown, News, Transportation, PortMiami Demetri Demascus Commercial, Downtown, News, Transportation, PortMiami Demetri Demascus

The Broadway Malyan-Designed Cruise Ship Terminal For Royal Caribbean's Symphony of The Seas Is Taking Form In PortMiami

Royal Caribbean's new state-of-the-art cruise ship terminal for Symphony of the Seas, the world's largest cruise ship, is rising fast in PortMiami. Framing of the 170,000 SF, Broadway Malyan-design is already complete and the project is expected to be completed and operating by November 2018.

Royal Caribbean's new state-of-the-art cruise ship terminal for Symphony of the Seas, the world's largest cruise ship, is rising fast in PortMiami. Framing of the 170,000 SF, Broadway Malyan-design is already complete and the project is expected to be completed and operating by November 2018. In total Costs for the project are estimated to be in excess of $200 million. Royal Caribbean's Allure of the Seas, which has previously held the title of world's largest cruise ship, will also be based at the terminal.

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Design District, Education, News, Commercial Demetri Demascus Design District, Education, News, Commercial Demetri Demascus

Renowned International Italian Fashion School, Istituto Marangoni, To Open First U.S. Campus In Miami Design District

Istituto Marangoni, the leading Italian fashion, art and design school, has announced their expansion into the Americas with the opening of their first school in the United States in Miami Design District. The campus will be their the 10th worldwide since Istituto Marangoni was founded in 1935 in Milan.

Istituto Marangoni, the leading Italian fashion, art and design school, has announced their expansion into the Americas with the opening of their first school in the United States in Miami Design District. The campus will be their the 10th worldwide since Istituto Marangoni was founded in 1935 in Milan. Since then the school has more than 80 years of history and success in training the top professionals of Fashion and Design. The institution consistently plays a key role in shaping global fashion trends and holds the merit of creating some of the biggest names in the industry, including Domenico Dolce, Franco Moschino, Alessandro Sartori (Zegna Group Creative Director), Paula Cademartori, Julie de Libran (Artistic Director of Sonia Rykiel), Rocco Iannone (Creative Director of Pal Zileri), Maurizio Pecoraro brand owner and Istituto Marangoni’s International Fashion Chair), amongst others. Istituto Marangoni currently educates 4,000 students per year from 107 countries at its schools, located in Milano (the School of Fashion and the School of Design), Firenze (School of Fashion & Art), Paris, London, Shanghai, Shenzhen, Mumbai and Miami., the international capitals of fashion, design and luxury. The prestigious school will now deliver the brand’s proven and unparalleled education model to top students throughout the US and Latin America through their Miami Design District location. 

“Bringing Istituto Marangoni to the Americas satisfies a long-term vision to support and develop youth interested in fashion and design from all over the word,” said Roberto Riccio, Group Managing Director of Istituto Marangoni. “We are thrilled by the opportunity to give emerging talent in the Americas a platform to hone their skills and realize their true potential in the industry.” 

The school, which offers Associates, BA and Masters Programs, will be anchored by values that were ‘Made in Italy’ but will also blend with the city’s unique cultural elements, such as the local emphasis on sustainability and innovation. This includes integrating forward-thinking and sustainable practices into the course programming and looking at Miami’s commitment to resilience to shape the overall DNA of the campus. Istituto Marangoni will also uphold the brand’s own international imprint of ‘Italianness,’ which seeks to contextualize theoretical teachings in a way that promotes creative platforms and potential opportunities for students and alumni. The concept will be brand new for the US and will reinvent the fashion industry of Miami. Hakan Baykam, president of the new School, has identified the unique opportunity in Miami to pioneer a new fashion hub.

“We were looking to create a new global fashion destination and selected Miami for its existing international allure and for its need for a firmly established fashion school. The city’s rapid growth in the design and art categories coupled with its accessibility to Latin America made it the perfect choice for us,” said Baykam. “Miami already has the groundwork for success, and we feel that a brand of Istituto Marangoni’s caliber will take the city to the next level. This new campus is just the first step to developing a fashion hub that will be taken seriously around the world.”

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Edgewater, Hotels, News, Commercial Demetri Demascus Edgewater, Hotels, News, Commercial Demetri Demascus

53-Story Kobi Karp-Designed Hotel & Residences Proposed In Edgewater's Biscayne Corridor

The Downtown Miami and Edgewater transformation is showing no signs of slowing down or stopping as the downtown area of Miami is fast becoming a world-class metropolis city center. To further enhance the area, a new 53-story hotel and residences has been proposed on the Biscayne Corridor at the vacant lot between NE 17th Terrace and NE 18th Street

The Downtown Miami and Edgewater transformation is showing no signs of slowing down or stopping as the downtown area of Miami is fast becoming a world-class metropolis city center. To further enhance the area, a new 53-story hotel and residences has been proposed on the Biscayne Corridor at the vacant lot between NE 17th Terrace and NE 18th Street at 1775 Biscayne Boulevard. The location is across from Publix and behind Melo Group's new Aria On The Bay as well as Quantum On The Bay, 1800 Club and Opera. The proposed tower, which is being developed by V Downtown Inc., will rise 633' with 1.22 million SF of total developed, mixed-use space. The Kobi Karp-designed tower will feature 444 residential units, 200 hotel rooms, 45,600 SF of retail and restaurant space, 64,800 SF of office space, 546 parking spaces and storage for 39 bicycles. The hotel lobby will be located on the 9th floor along with a restaurant and amenity deck. There will also be a private rooftop amenity deck for the residential units. The developers are in need of 6 waivers for the tower to be approved including a 30% parking reduction, a residential floor plate increase, driveway width reduction and an increase in lot coverage from 80% to 88%. The proposal will be reviewed by Miami's Urban Development Review Board today (November 29, 2017).

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Commercial, Fort Lauderdale, Hotels, News Demetri Demascus Commercial, Fort Lauderdale, Hotels, News Demetri Demascus

Check-Out The Newly Opened Conrad Fort Lauderdale Beach, Ribbon Cutting Ceremony Planned For December 14

Tour the new, nautical-themed Conrad Fort Lauderdale Beach, which opened October 10, 2017, further cementing Fort Lauderdale Beach as a luxury area on the rise. The luxurious property, which features 290 suites located at 551 N. Fort Lauderdale Beach Blvd, will officially open with a ribbon cutting ceremony on December 14, 2017.

Tour the new, nautical-themed Conrad Fort Lauderdale Beach, which opened October 10, 2017, further cementing Fort Lauderdale Beach as a luxury area on the rise. The luxurious property, which features 290 suites located at 551 N. Fort Lauderdale Beach Blvd, will officially open with a ribbon cutting ceremony on December 14, 2017. Units at Conrad Fort Lauderdale Beach range from studio, 1, 2, and 3-bedroom layouts with 3 additional penthouse units. Units feature galley kitchens, touch screen stove tops and bathrooms that come complete with marble soaking tubs and rainfall showers. Nightly rates start around $330 with an additional daily resort fee of $35 per room per night that includes internet, 2 beach chairs and umbrella, 2-hours of bike rental time, and discounts at the spa. The property will also feature a 4,000 SF full-service spa and fitness center, a 6th floor Sky Deck with a heated freshwater pool, 10,000 SF of meeting space, and 4 restaurant and bar options including Terra Mare, a modern American kitchen with locally sourced ingredients led by chef Johan Svensson. As Conrad Fort Lauderdale Beach is a condo-hotel in which individuals can purchase suites as private residences, Conrad Hotels offers a hotel program that will manage the privately owned units when the owner is out of town. 

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Brickell, Commercial, News, Office Space, Retail Demetri Demascus Brickell, Commercial, News, Office Space, Retail Demetri Demascus

Swire Announces Brickell City Centre Office Space is 100% Leased

Swire has announced that Brickell City Centre's 260,000 SF of office space at Two and Three Brickell City Centre is now 100% leased. Each office tower rises 12 floors and was designed by Arquitectonica. The final two leases signed were by KPMG for 16,926 SF, which equates to a full floor, and Interaudi Bank, who leased 10,700 SF.

Swire has announced that Brickell City Centre's 260,000 SF of office space at Two and Three Brickell City Centre is now 100% leased. Each office tower rises 12 floors and was designed by Arquitectonica. The final two leases signed were by KPMG for 16,926 SF, which equates to a full floor, and Interaudi Bank, who leased 10,700 SF. With the office space 100% leased, Brickell City Centre can now focus on their retail offerings, which are 88% leased, and their residential condos, which are 72% sold. Swire will also embark on One Brickell City Centre which will be an 80-story tower with office space. 

“Completely leasing Brickell City Centre’s office space marks a celebratory milestone for Swire and we are honored to welcome financial institutions like Interaudi Bank and KPMG to Brickell City Centre,” said Kieran Bowers, president of Swire Properties Inc. “More importantly, the presence of these celebrated companies at the Centre is a further endorsement of Brickell’s status as a true international hub for business and its continued transformation into a destination to live, work and play.”

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Brickell, Commercial, Hotels, News Demetri Demascus Brickell, Commercial, Hotels, News Demetri Demascus

Galwan Tabs Wyndham To Mange Arquitectonica-Designed Brickell Hotel As Wyndham Grand® and TRYP by Wyndham®

Wyndham Hotel Group has announced that they have signed a contract to operate one of the largest hotel developments in the Brickell district of Miami. The hotel, located across from Brickell Mary Village, is being developed by Brazilian developer Galwan and will rise 41 stories featuring 445-keys.

Wyndham Hotel Group has announced that they have signed a contract to operate one of the largest hotel developments in the Brickell district of Miami. The hotel, located across from Brickell Mary Village, is being developed by Brazilian developer Galwan and will rise 41 stories featuring 445-keys. When completed the Arquitectonica-designed hotel will be the largest hotel development in Brickell. Wyndham will use the property to showcase as a dual-branded hotel, leveraging a never-before-seen combination of the Wyndham Grand® and TRYP by Wyndham® brands. Both hotels will have a Miami vibe with the 200-key Wyndham Grand® being an upscale service-oriented brand and the 245-key TRYP by Wyndham® serving as a more localized, lifestyle brand. The hotels will share a lobby and lounge space on the first floor, an 8-story parking garage, a pool deck, a fitness center, rooftop restaurant and bar, and 8,000 SF of meeting space including a library, boardroom and flexible event spaces. Construction on the hotel has not yet started and the developers expect the hotel to be completed in 2019. Wyndham Hotel Group is a hospitality giant with an global portfolio of more than 8,300 hotels.

“With nearly 16 million visitors last year and projected increases for the years ahead, Miami continues to be one of the world’s most coveted travel destinations with a style all its own,” said Mark Kukulski, president of Wyndham Hotel Group’s management organization. “By combining our most worldly, destination-centric brands, we’re offering travelers a taste of Wyndham Hotel Group, Miami-style – with chic shared spaces, trendy dining options and their choice of brand experience via TRYP by Wyndham’s lifestyle flair or Wyndham Grand’s easy elegance.”

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News, Design District, Commercial, Construction Update Demetri Demascus News, Design District, Commercial, Construction Update Demetri Demascus

Craig Robins Announces That Sales In The Miami Design District Are Up 40% In Past 6 Months As New Stores Open

Just before Art Basel, celebrity developer Craig Robins, founder and CEO of Dacra as well as Design Miami, has announced that Miami Design District has nearly doubled in size with the opening of several new buildings and stores including Rag & Bone. For the past 3 years, the district was only half-open, offering some of Miami's finest shopping. 

Just before Art Basel, celebrity developer Craig Robins, founder and CEO of Dacra as well as Design Miami, has announced that Miami Design District has nearly doubled in size with the opening of several new buildings and stores including Rag & Bone. For the past 3 years, the district was only half-open, offering some of Miami's finest shopping with stunning designed buildings and beautiful walking streets. Miami Design District was on the way, but as Robins is building an entire new part of the city from a formerly desolate Little Haiti area, great things take time. Now, he explains, Miami Design District is starting to come into its own and for the first time shoppers and visitors can see "its full offering." Robins holds that retail sales in Dacra's Miami Design District properties have increase 40% in the past 6 months. The next stage will be the opening of 10 new restaurants including Ember and Kaido (restaurant by Chef Brad Kilgore), St. Roch Market (food hall), L’Atelier by Joël Robuchon (fine dining), Le Sushi by Joël Robuchon (Japanese), Le Bar by Joël Robuchon (lounge), Le Boutique by Joël Robuchon (bakery), Blue Bottle Coffee, and Roberta’s pizza. Also opening soon will be the Institute of Contemporary Art (museum), Gucci, Aesop, Creed, Empresa, Dolce & Gabbana, Celine, Joseph, Eres, Ralph & Russo, and Museum Garage which will bring 800 parking spaces. Some of the brands will be moving from their temporary locations to the final, permanent locations.  

Paradise Plaza, the open-air northern anchor of Miami Design District which is located 2 blocks north of Palm Court, will open in late November with many of the restaurants still finishing buildouts which are expected to open in December and January. Gwyneth Paltrow’s Goop GIFT is already open in Paradise Plaza, which will offer more dining options than Palm Court. Connecting Paradise Plaza to Palm Court will be Paseo Ponti, an art-lined walkway which also features the already open OTL (cafe), Cartier and Hermès, amongst others. Also opening in early 2018 will be the Museum Garage which will have spots for 800 cars and will feature eccentric art installations by 5 different artists as the facade. Robins is expected to announce the Sweetbird North Hotel in the next few months. Stay tuned to PROFILEmiami for the most up-to-date coverage of Miami Design District. 

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Commercial, News, Miami Beach, Retail, South Beach Demetri Demascus Commercial, News, Miami Beach, Retail, South Beach Demetri Demascus

Lincoln Road Macy's To Be Replaced By DOMO-Designed 1675 Meridian

1675 Meridian, a new concept designed by DOMO Architecture + Design which was first revealed last year, will reportedly replace the Macy's at Lincoln Road in South Beach. In September 2016 PROFILEmiami reported that Macy's was quietly marketing the remainder of leasehold

1675 Meridian, a new concept designed by DOMO Architecture + Design which was first revealed last year, will reportedly replace the Macy's at Lincoln Road in South Beach. In September 2016 PROFILEmiami reported that Macy's was quietly marketing the remainder of leasehold for their Lincoln Road location. Located at 1675 Meridian Avenue, the building as it stands now is 98,610 SF and Macy's has 33 years left on the lease and could go for about $80 million. It is one of the largest retail spaces available in the area.

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Commercial, News, Retail, South Beach, Miami Beach Demetri Demascus Commercial, News, Retail, South Beach, Miami Beach Demetri Demascus

Target To Open Its First Ever Store In South Beach At BLVD At Lenox

Target has announced that they will be opening a new small-format store in South Beach. The store will be located at the new BLVD at Lenox retail development located at Fifth Street and Lenox Avenue. The location will be Target's first ever in Miami Beach and will be 33,000 SF. 

Target has announced that they will be opening a new small-format store in South Beach. The store will be located at the new BLVD at Lenox retail development located at Fifth Street and Lenox Avenue. The location will be Target's first ever in Miami Beach and will be 33,000 SF. The BLVD at Lenox was designed by Zyscovich Architects and is being developed by the Comras Company. The project will rise 4 stories on the lot which was once the Ivy nightclub and will feature 27,000 SF of ground-floor retail along 227 parking spaces. Groundbreaking is expected for 2018 with completion in the spring of 2019. 

“Target has been seeking the ideal location for a small-format store in Miami Beach, so we’re thrilled to be part of the BLVD at Lenox shopping complex to conveniently serve residents and tourists with a unique product assortment that only Target can provide,” said Target Senior VP of Properties Mark Schindele.

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80-Acre Wellington Equestrian Compound With Development Site Lists For $25 Million

An 80-acre equestrian compound located at 13560 Indian Mound Road in Wellington tied to a Houston oil conglomerate has hit the market for $25 million. It is one of the largest properties for sale in South Florida and includes a grass grand prix field with natural jumps, a 26-stall barn with storage.

An 80-acre equestrian compound located at 13560 Indian Mound Road in Wellington tied to a Houston oil conglomerate has hit the market for $25 million. It is one of the largest properties for sale in South Florida and includes a grass grand prix field with natural jumps, a 26-stall barn with storage, a tack room, office, owners lounge, riders lounge, apartments, a rideable track, and 19 grass turnout paddocks. The property also features an elevated development site where a luxury estate could be built, transforming the property into an ultra-luxury equestrian estate. The owner purchased the property for $2 million in 1989. 13560 Indian Mound Road is listed for $25 million with Marley Overman of the Overman Team at Keyes’ Illustrated Properties.

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