Lissette Calderon's Neology Life Tops Off 'The Julia' Allapattah Multifamily Development
Neology, led by Lissette Calderon, has topped off construction of “The Julia” a $100 million, 14-story residential tower that will deliver 323 upscale one- and two- bedroom apartments to Miami’s Allapattah neighborhood in downtown Miami in February 2024. Inspired by Miami’s original real estate visionary, American businesswoman Julia Tuttle, The Julia will embrace a “tropics-meets-metropolis” aesthetic combining elements of Art Deco with 1950s-style glam.
Neology, led by Lissette Calderon, has topped off construction of “The Julia” a $100 million, 14-story residential tower that will deliver 323 upscale one- and two- bedroom apartments to Miami’s Allapattah neighborhood in downtown Miami in February 2024. Inspired by Miami’s original real estate visionary, American businesswoman Julia Tuttle, The Julia will embrace a “tropics-meets-metropolis” aesthetic combining elements of Art Deco with 1950s-style glam. The project was designed by Behar Font Architects, with interior design by designBAR and landscape architecture by Witkin Hultz Design. JAXI Builders, Inc. is overseeing construction.
Located at 1625 NW 20th Street, just a few blocks west of the main entrance to Jackson Memorial Hospital, The Julia is located in the heart of Allapattah, a historic neighborhood that includes Miami’s Health District and borders Wynwood. Allapattah has quickly become one of Miami’s most sought-after neighborhoods. It features a cluster of elite cultural institutions (including the Rubell Museum and Superblue) as well as many new businesses, restaurants and nightlife establishments. It’s also situated just a few blocks from Neology’s first Allapattah apartment community, No. 17 Residences, which opened in May of 2021 and leased up in record time. Neology’s third Allapattah community, “Fourteen Allapattah Residences,” broke ground in August 2022 and will deliver 237 apartments, along with 5,000 square feet of ground-floor retail, in early 2024.
“We are thrilled to be approaching our goal of introducing The Julia to Miami – offering one-of-a-kind, curated living experiences with cutting-edge amenities, spectacular city skyline views and design features to appeal to a diverse cross-section of today’s urban renters,” said Lissette Calderon, President and CEO of Neology. “There is incredible demand for high-quality housing in downtown Miami thanks to the more than 50 companies that have relocated to or expanded in Miami in the last year.”
The pet-friendly property will offer a mix of one- and two-bedroom apartments ranging from 600 to 1,000 square feet featuring floor-to-ceiling windows, 9-footceilings, walk-in closets, and balconies in every apartment. Apartments will also have energy efficient, stainless-steel appliances, quartz countertops, European-inspired kitchen cabinetry, and in-unit washer and dryers.
Interior common areas will feature neoclassical elements such as brass accents, wood details and colorful mosaics alongside bright, botanical patterned wallcoverings and other fun, punchy colorful elements for a mood that is romantic, sophisticated and timeless.
The Julia’s ninth floor “Sky Lounge” will be a destination in itself, featuring a resort-style pool deck with shaded gardens and cabanas, an indoor/outdoor club lounge with gourmet kitchen, a wellness center with virtual fitness, and a starlight dining terrace. The property will also include co-working areas with private offices, a dog park and spa, a children’s play area, high-speed fiber optics throughout the building to meet today’s technological needs, 15,000 square feet of street-level retail space, along with curated artwork throughout the exterior and interiors.
The Julia is centrally located just a few blocks from the Civic Center Metrorail Station, the University of Miami Health System, Jackson Memorial Hospital, and Miami-Dade College Medical Center. The property is just a short car or public transit ride away from both Brickell and Downtown, home to several large employers and dining and shopping destinations, along with popular attractions such as Marlins Park, American Airlines Arena, the Adrienne Arsht Center for the Performing Arts, Perez Art Museum Miami and Frost Museum of Science, and the new Brightline commuter rail station connecting Miami to Fort Lauderdale, West Palm Beach, and eventually Orlando.
Neology’s current ownership portfolio consists of 1,200+ apartments recently built or under construction in Miami’s urban core, with another 1,600 apartment units in the predevelopment phase and a pipeline of 2,000 additional units in South Florida and beyond.
Sabal Development Sells Newly Constructed Luxury Waterfront Apartment Building On Miami Beach's Isle of Normandy For $13.5 Million
The Miami-based Sabal Development has sold a modern 5-story luxury residential apartment building they recently developed on Miami Beach’s Isle of Normandy for $13.5 million. Located at 1930 Bay Drive, Miami Beach, the newly-constructed building offers stunning waterfront views of Biscayne Bay. Dora Puig of The Dora Puig Team represented the seller, Pascal Nicolai, founder and CEO of Sabal Development and Sabal Luxury Builder.
The Miami-based Sabal Development has sold a modern 5-story luxury residential apartment building they recently developed on Miami Beach’s Isle of Normandy for $13.5 million. Located at 1930 Bay Drive, Miami Beach, the newly-constructed building offers stunning waterfront views of Biscayne Bay.
Dora Puig of The Dora Puig Team represented the seller, Pascal Nicolai, founder and CEO of Sabal Development and Sabal Luxury Builder. The buyers were Jason and Amanda D’Herin.
The building features four elegant apartments with expansive floor plans, starting at 2,551 square feet of living space. Each apartment offers three bedrooms, three bathrooms, and one half-bathroom. Open views of Biscayne Bay permeate each residence’s principal suite through floor-to-ceiling windows.
Reflecting the chic outdoor Miami lifestyle, each residence features a delightfully finished rooftop deck complete with a wet bar, in addition to spacious terraces. The building features a ground level garage, as well as a relaxing outdoor pool.
“We are very pleased to close on this exquisite waterfront apartment building on the stylish Isle of Normandy for $13.5 million,” said Nicolai. “It provides stylish, contemporary residences for those who love the best of Miami: sun, water and an urban setting.”
Sabal Development has made a name for themselves as a vertically integrated developer and builder with over $130 million in luxury custom-built home sales in 2021. Led by Pascal Nicolai, who has more than 30 years of experience in the industry with completed projects in Europe and the U.S., Sabal Development is currently developing a modern office/ retail mixed use commercial building on Alton Road in Miami Beach and has developed a large portfolio of luxury properties including several homes on Palm Island and the Venetian Islands as well as Miami Beach and Palm Beach.
Witkoff and PPG Reveal The Residences At Shell Bay With Auberge Resorts Collection Featuring Miami's First New Golf Course In 25 Years
Leading visionary real estate development firms Witkoff and PPG have revealed The Residences at Shell Bay, an unmatched new luxury destination in Hallandale Beach, in partnership with Auberge Resorts Collection, the highly awarded hospitality operator with an acclaimed portfolio of luxury boutique hotels, resorts, and residences. The private golf course, known as The Shell Bay Club, will open this winter and will be the first new golf course in the Miami area in over 25 years.
Leading visionary real estate development firms Witkoff and PPG have revealed The Residences at Shell Bay, an unmatched new luxury destination in Hallandale Beach, in partnership with Auberge Resorts Collection, the highly awarded hospitality operator with an acclaimed portfolio of luxury boutique hotels, resorts, and residences. The private golf course, known as The Shell Bay Club, will open this winter and will be the first new golf course in the Miami area in over 25 years. Sales for the residences will be released in exclusive, limited phases led by Douglas Elliman, and are set to deliver in 2025.
Shell Bay represents the new frontier of elite clubs, bespoke residences, and elevated wellness and leisure, offering one of the most exclusive private members clubs in North America. The amenities and programming have been carefully designed with world-class athletes and experts to cater to both the ultimate luxurious lifestyle and peak-functioning performance. The Shell Bay Club includes a 7,250-yard championship golf course designed by Greg Norman, a 12-acre practice facility with a 9-hole par 3 course, a premier racquet center with four Grand Slam tennis surfaces, pickle ball courts, and padel courts, a 48-slip private yacht club, and a private Member’s Clubhouse with a spa and performance fitness center.
“The course at Shell Bay will be one of the most unique, pure golf experiences I have ever designed. Completely isolated from its surroundings, the walkable layout will capture the true essence of the game with immaculately conditioned fairways, sweeping sand belt style bunkers, and contoured greens that test every club in your bag. It will be a place where you can totally immerse yourself in the game.” says golf legend and course designer Greg Norman.
Brought to life by Auberge Resorts Collection, The Residences at Shell Bay provide an enclave for those who want to live exceptionally. Part of a fully gated community with 24/7 monitoring, residences offer open-concept layouts with expansive living and entertainment areas, floor-to-ceiling windows, expansive ten-foot ceilings on typical floors, spa-inspired primary bathrooms, gracious wraparound terraces with vistas of the private golf course, and minibars serviced by the hotel. In addition, residences will have a dedicated Director of Residences to provide the highest level of personalized care and a la carte resort services including in-residence housekeeping and dining.
In addition to branded residences, Shell Bay will have a boutique resort managed by Auberge Resorts Collection. Auberge is a best-in-class luxury resort and residential operator known for one-of-a-kind experiences in extraordinary destinations, with hotels including Auberge Du Soleil in Napa Valley, Hotel Jerome in Aspen, Lodge at Blue Sky in Park City, Mayflower Inn and Spa in Connecticut, and the Grace Hotel in Santorini. The company was named by Travel + Leisure as one of the “Top Hotel Brands in the World,” while 12 of its 22 properties were awarded in Travel + Leisure’s 2022 World’s Best List, the highest percentage of any brand.
Auberge is also a seasoned residential manager with residential properties including Madeline Hotel and Residences in Telluride, Stanly Ranch in Napa Valley, and Chileno Bay Resort and Residences in Los Cabos.
Riviera Dining Group Reopens Iconic South Beach Dining And Nightlife Venue 'BAOLI Miami'
BAOLI Miami, the iconic restaurant and nightlife venue located on Collins Avenue in South Beach, has reopened under the direction of Riviera Dining Group (RDG). BAOLI Miami launched with a new menu exploring Indonesian, Thai, Indian, Balinese and Nepalese flavors, colorful ingredients and cooking techniques. The updated aesthetic transports guests with lush tropical foliage and a curated mural from artist Mateo Humano.
BAOLI Miami, the iconic restaurant and nightlife venue located on Collins Avenue in South Beach, has reopened under the direction of Riviera Dining Group (RDG). BAOLI Miami launched with a new menu exploring Indonesian, Thai, Indian, Balinese and Nepalese flavors, colorful ingredients and cooking techniques. The updated aesthetic transports guests with lush tropical foliage, a curated mural from artist Mateo Humano, two back-lit walls ideal for perfect photo moments, gold finishings, and exotic wood. RDG is known for operating some of Florida’s most exciting experiential hospitality concepts including Miami hotspots MILA, MILA Omakase, MILA Lounge and MM Club, as well as AVA MediterrAegean and MM Club in Winter Park, FL.
“We pride ourselves on creating innovative, sensorial experiences for guests,” said Marine Galy, partner & chief branding officer at Riviera Dining Group. “By acquiring operations of BAOLI Miami, we’re able to continue providing guests with memorable experiences while simultaneously adding new venues to our luxurious and rapidly expanding portfolio.”
“It is such an immense joy for me to go back where I started with the BAOLI brand in Miami years ago, knowing where we can now take it under the RDG management and standards that we have built through our different venues,” said Michael Ridard, BAOLI Miami co-owner and RDG partner. “This is now the best time, and the best is yet to come for BAOLI.”
The Miami venue takes inspiration from the brand’s flagship location, BAOLI Cannes, an instant hit amongst A-list clientele and the movers-and-shakers of the French Riviera since its debut in 1999. Mirroring the Cannes location’s transformative nature that allows guests to smoothly transition from dining to nightlife, BAOLI Miami seamlessly merges France’s trademark sophistication with Miami’s unique vibrancy. BAOLI Miami features curated programming including live entertainment, and a rotating lineup of the world’s top and up-and-coming DJ talent, setting the stage for elevated bottle service, vibrant nights, and an unforgettable upbeat atmosphere.
“BAOLI is a concept that brings me back to my roots and revives young adult memories," said Greg Galy, RDG founder, “As the opportunity presented itself to partner up with brand owner Christophe Caucino and Michael Ridard, it felt like a natural move to revive these memories with a modernized twist and under the standards of RDG.”
Under RDG’s culinary direction, BAOLI Miami’s extensive new menu offers South East Asian fusion cuisine, exploring unique and diverse Asian flavors featuring only the freshest ingredients. Small plates include toro & caviar, made with fatty tuna and Osetra caviar and pork belly served between steamed buns and garnished with pickled cucumbers. Tributing its roots, the menu offers maki rolls including the negitoro served with smokey shoyu and shiso along with crudos such as the crispy rice, made with either tuna tartare and dried pineapple or salmon tartare and yuzu kosho, and the tuna watermelon marinated with citrus and drizzled with truffle sauce. For the main course, guests can relish in BAOLI’s salmon served with Penang curry and garnished with Thai basil or the pineapple Nasi Goreng, Balinese fried rice served with chicken & shrimp. Ending the night on a sweeter note, guests can choose from a variety of delicacies such as the pistachio warm cake, served with hazelnut ice cream and white chocolate or the crème brulee infused with lemongrass and topped with wild berries.
Guests can also luxuriate in BAOLI’s new cocktails such as the rainforest, a refreshing herbal cocktail made with lime juice, basil syrup, Italicus Rosolio di Bergamotto, Citadelle Gin, and Fever Tree Sparkling Lime and Yuzu soda, or the Thaï break, a vibrant, tropical cocktail made with lime juice, pineapple juice, passion fruit syrup, Belvedere Pear and Ginger Vodka, and Fever Tree Ginger Beer.
BAOLI Miami is located at 1906 Collins Ave, Miami Beach, FL 33139 and isopen Wednesday to Saturday for dinner service from 7 p.m. to 1 a.m. and late-night bottle service from Wednesday to Saturday until 3 a.m.
Riviera Dining Group (RDG) is the innovative hospitality company behind Miami hotspots MILA, MILA Omakase, MILA Lounge and MM Club, as well as AVA MediterrAegean and MM Club in Winter Park, FL. In March 2023, RDG acquired operations of BAOLI Miami, the iconic restaurant and nightlife venue located on Collins Avenue in South Beach. Envisioned by Marine and Greg Galy through their travels, experiences, and thirst for discovery and adventures, Riviera Dining Group opened its first restaurant, MILA, in Miami Beach, FL in January 2020. Balancing genuine hospitality, fine dining, and refined nightlife, RDG restaurants have quickly established themselves as the go-to destination in the upscale Miami and Orlando social scenes. RDG transforms how people experience dining and creates moments with high-end, luxurious, and transportative cuisine. The luxury hospitality group has an impressive team of partners, chefs and managers who have worked extensively to elevate the brand to what it is today including 26-Michelin Starred Chef Michaël Michaelidis, partner & head of culinary. RDG empowers all of its outlets to elevate culinary standards and achieve a new level of gastronomic excellence across the group’s entire portfolio.
Food & Beverage Imagery via @RubenPictures, Architectural Imagery via World Red Eye
Chicago-Based Private Social Club 'The Clayton' To Open At E11EVEN Residences Beyond
The Chicago-based exclusive private social club, The Clayton, will be opening at E11EVEN Residences Beyond, an ultra-luxury, dual-tower development located in Miami’s famed District 11. The Chicago-based exclusive social club will occupy 10,000 square feet on the second floor of the tower, which being developed by PMG and E11EVEN Partners and is located at 90 Northeast 11th Street.
The Chicago-based exclusive private social club, The Clayton, will be opening at E11EVEN Residences Beyond, an ultra-luxury, dual-tower development located in Miami’s famed District 11. The Chicago-based exclusive social club will occupy 10,000 square feet on the second floor of the tower, which being developed by PMG and E11EVEN Partners and is located at 90 Northeast 11th Street.
“E11EVEN Residences Beyond is a catalyst for growth and new energy in District 11. The Clayton perfectly aligns with the vibe and exclusivity of E11EVEN Residences Beyond and will offer the residents a unique experience,” said Ryan Shear, Managing Partner at PMG. “We are thrilled to curate first-time experiences in Miami by partnering with world-class tenants and partners.”
Known for its reassuringly exclusive yet inviting nature, with locations in Chicago and Washington, D.C., The Clayton specializes in providing members and guests with an ultra-premium experience and unforgettable moments. The club itself will offer cocktail and dining experiences, as well as private meeting spaces and cigar hideaways. At E11EVEN Residences Beyond, the club will reside on the building’s second floor.
“The Clayton was inspired by the great cigar and social clubs of London and will offer a sanctuary for the discerning connoisseur right in the heart of Miami,” said Clay Wilson, Founder of The Clayton. “Since launching in Chicago and Washington, D.C., we’ve had tremendous organic growth and success. The Clayton provides members with an exclusive and private experience with many notable members. ”
Centrally located in Downtown Miami’s District 11, E11EVEN Hotel & Residences Miami is a two-tower development by E11EVEN Partners and PMG offering a resort-style, entertainment-driven experience, and destination – the first of its kind in the Southeastern United States. The first tower, E11EVEN Hotel & Residences Miami, encompasses 449 turnkey residences and hotel rooms, while the second tower, E11EVEN Residences Beyond, offers 558 ultra-exclusive condominiums. Floorplans at both properties range from studios to two bedrooms in addition to a presidential collection and penthouse suites. Each unit comes equipped with fully integrated “smart building” features, Subzero and Wolf appliances, custom ITALKRAFT Italian cabinetry, top-level finishes, and designer-curated furnishings. The soaring 65-story towers will be designed by internationally renowned Sieger Suarez Architects with interiors by award-winning design firm AvroKO.
“District 11 continues to offer a one-of-a-kind lifestyle that is exhilarating for us to watch unfold,” said Marc Roberts of E11EVEN Partners and co-developer of E11EVEN Residences Beyond. “We’re excited to welcome The Clayton to its newest location in the middle of this incredible destination, and we look forward to watching it thrive as District 11 further transforms into a dynamic neighborhood to live, work, and play in. ”
Amenities for E11EVEN Hotel & Residences include a multi-level 20,000-square-foot day club, a world-class wellness center curated by Chopra Spa & Studio, an 8,000 square-foot casino-style sports lounge, a members-only rooftop experience, a world-class med spa, and five-star dining experiences. In addition to the first tower's amenities, buyers at E11EVEN Residences Beyond will have exclusive access to their own range of private facilities to curate an ultra-exclusive, buyers-only experience. They include a helipad, a resort-like sun lounge deck with a pool and private lounge areas, a state-of-the-art fitness center, and fully staffed executive office suites.
Renderings via ARX Solutions
Robert Rivani's Black Lion Investment Group Acquires SLS Brickell Restaurant Space For $10 Million
Black Lion Investment Group, the Miami-based real estate and hospitality developer led by Robert Rivani, has added yet another trophy property with the acquisition of the trophy restaurant space at SLS Brickell for $10,000,000. The restaurant space is approximately 13,500 SF of indoor / outdoor space and was previously Bazaar Mar by Chef Jose Andres which closed in 2019. The sellers were members of the Qatar’s ruling royal Al Thanis family.
Black Lion Investment Group, the Miami-based real estate and hospitality developer led by Robert Rivani, has added yet another trophy property with the acquisition of the trophy restaurant space at SLS Brickell for $10,000,000. The restaurant space is approximately 13,500 SF of indoor / outdoor space and was previously Bazaar Mar by Chef Jose Andres which closed in 2019. The sellers were members of the Qatar’s ruling royal Al Thanis family who acquired both the hotel and restaurant space for $43 million in 2014.
The deal was brokered by Fabio and Sebastian Faerman of FA Commercial, who represented Black Lion while Jordan Karp of Jordan Karp, LLC. and Andrew Dicky of JLL represented the seller in the transaction.
Black Lion intends on bringing yet another one of a kind concept to Brickell’s already spectacular restaurant scene with a proven track record of restaurants like Gekko at SLS LUX, Catch and Continuum, Philippe Chow, Amara at Paraiso, Delilah and Wynwood Jungle.
The 52-story SLS Brickell is an over-the-top, chic residence and hotel tower developed by Related Group located in the heart of Brickell, just a walking distance from Brickell City Centre. The tower hosts 453 contemporary residences and hotel suits with panoramic views of the Miami skyline and Biscayne Bay.
Check Out The World-Class Kobi Karp-Designed Amenities At PPG Development's Slate Hallandale Beach
The Kobi Karp-designed Slate Hallandale Beach, a recently completed high-rise luxury rental property developed by Ari Pearl’s PPG Development, offers an unparalleled elevated living experience in Hallandale Beach, Florida. The project owned in partnership with BH3 Management and is open to residents. The 26-story luxury rental community with 250 modern residences is located at 101 Diplomat Parkway in Hallandale Beach.
The Kobi Karp-designed Slate Hallandale Beach, a recently completed high-rise luxury rental property developed by Ari Pearl’s PPG Development, offers an unparalleled elevated living experience in Hallandale Beach, Florida. The project owned in partnership with BH3 Management and is open to residents. The 26-story luxury rental community with 250 modern residences is located at 101 Diplomat Parkway in Hallandale Beach.
Slate’s debut this past summer marked the first time Hallandale Beach has seen a rental development of this caliber. Delivering 20,000 square feet of amenities and $18,000/month penthouses make it unlike any other apartment community in South Florida, including a golf simulator, tennis courts, a wine cellar with personal storage for residents, concierge, valet and fully-loaded fitness facilities with Pilates equipment, Hydrow rowers and more.
Designed by Kobi Karp Architects & Interior Design, Slate Hallandale Beach offers an elevated living experience beyond comparison, bringing NYC-style ultra luxury rentals to South Florida and represents another milestone for Hallandale Beach as the city continues to allure residents with its fantastic beaches, world-class dining and entertainment and unparalleled residential offerings. The project is part of a $500-million makeover of the Diplomat Golf Resort & Tennis Club into The Shell Bay Club, which includes an Auberge Resorts hotel and brand new Greg Norman-designed 18-hole course.
The thoughtfully designed floor plans range from one to four bedrooms and offer stunning views with spacious open-floor plans, sweeping 10-foot ceilings and expansive terraces with floor-to-ceiling glass windows and doors for seamless indoor and outdoor living. Well-appointed, modern design elements are incorporated throughout the interiors with sleek finishes, top-of-the-line Samsung energy efficient appliances, quartz stone waterfall edge kitchen islands, luxurious bathrooms with floating vanities, glass-enclosed showers and soaking tubs in some units. A limited selection of penthouse units feature 14-foot ceilings and breathtaking views of the Atlantic Ocean and Intracoastal Waterway.
Slate Hallandale Beach offers a sophisticated blend of sustainability and modern grandeur, the building enhances the lifestyle of residents through more than 20,000 square feet of resort-inspired amenities and first-class services in the heart of Hallandale Beach. The amenities are designed for any golf enthusiast and fitness junkie, featuring as a golf simulator, state-of-the-art fitness facilities, tennis courts, and more.
Residents at Slate have access to one of the most diverse and well-rounded fitness facilities ever seen in a rental community outside of NYC. The fitness center features a training room for individual workouts with a Pilates reformer and chair, Echelon Reflect smart fitness mirror, Nexersys boxing trainer, boxing bag, TRX suspension system and more cardio room with Hydrow rowers and Echelon cycling bikes strength conditioning room with resistance machines and free weights.
The lavish spa lounge offers a sauna and massage treatment rooms. Slate also offers a spa soaking hot tub for residents catching rays outdoors by its expansive resort-style outdoor pool and cabanas.
Rounding out the offerings are a game lounge and kid’s playroom, golf simulation room, business center and conference room, movie theater, event space, wine cellar with personal lockers available for reservation, as well as a dedicated pet area and grooming station, a dog park, an electric car-charging station, and a bicycle station. On-site valet, a concierge and a 24-hour doorman provide residents and their guests with exceptional security and service.
Slate Hallandale Beach overlooks The Shell Bay Club, the first new golf course in the Miami area in over 25 years. Shell Bay represents the new frontier of elite clubs, bespoke residences, and elevated wellness and leisure, offering one of the most exclusive private members clubs in North America. The Shell Bay Club includes a 7,250-yard championship golf course designed by Greg Norman, a 12-acre practice facility with a 9-hole par 3 course, a premier racquet center with four Grand Slam tennis surfaces, pickle ball courts, and padel courts, a 48-slip private yacht club, and a private Member’s Clubhouse with a spa and performance fitness center.
MV Real Estate Holdings Locks Down Construction Loan And Breaks Ground On Miami Senior Affordable Housing Development
The first project in collaboration between Miami-Dade Public Housing and Community Development (PHCD), Miami-Dade Parks, Recreation and Open Spaces (PROS), and Miami-Dade Transportation and Public Works (DTPW) with the private sector created to provide attainable housing solutions to seniors has been given the green light to begin construction. MV Real Estate Holdings, LLC is set to break ground on the highly anticipated Ludlam Trail Towers on March 14.
The first project in collaboration between Miami-Dade Public Housing and Community Development (PHCD), Miami-Dade Parks, Recreation and Open Spaces (PROS), and Miami-Dade Transportation and Public Works (DTPW) with the private sector created to provide attainable housing solutions to seniors has been given the green light to begin construction. MV Real Estate Holdings, LLC is set to break ground on the highly anticipated Ludlam Trail Towers on March 14 in Miami, Florida. Positioned between Coral Way and Southwest 69th Avenue intersection, the project is estimated to cost $25 million.
Centennial Bank provided a $7.5 million construction loan to Ludlam Trail Towers, LLC. The Bank’s SVP, Senior Commercial Loan Officer Yuleisy Montalvo, worked jointly with Lument, who is providing a guaranteed Freddie Mac permanent takeout with a fixed rate to Ludlam Trail Towers upon receipt of its certificate of occupancy (CO). Centennial Bank is a full-service financial institution with branches in Florida, Arkansas, Alabama, Texas, and New York and nearly $24 billion in total assets.
“This project is the culmination of the vision of the elected County officials and administrators seeking to help the most vulnerable in our society, the County Parks Department looking to bring the Ludlam Trail to fruition, the Miami-County Department of Transportation seeking to provide connectivity to the Trail over Coral Way and MV Real Estate Holdings who is contributing private dollars and will ultimately be building and executing on this vision that we believe will be transformative to so many,” said Alex Mantecon, managing partner of MV Real Estate Holdings.
Led by Alex Mantecon and Guillermo D. Vadell, managing MV Real Estate Holdings members, Ludlam Trail Towers is expected to redefine attainable housing solutions in a submarket that has not seen any projects with similar characteristics in over a decade. The funding of this project was a collaboration of private equity dollars and four different funding sources at the County level with financing provided by Centennial Bank who provided the construction loan, Lument who provided a Freddie Mac forward commitment and a Miami-County Surtax gap funding loan. This structure allowed the construction lender to be more aggressive in this challenging environment. The financing teams were spearheaded by JC de Ona and Yuleisy Montalvo at Centennial and Marc Suarez at Lument.
“It is great to see not only the public private partnership step up but also the capital markets to support the development of affordable housing,” said Marc Suarez, Managing Director at Lument.
"We are honored to be part of a project that touches upon so many critical needs in our community and to shed light into a parcel of the population that is often forgotten," said Alex Mantecon, managing partner of MV Real Estate Holdings. "There is no doubt that Ludlam Trail Towers will redefine urban living in Miami-Dade County for the elderly while at the same time creating a one-of-a-kind amenity in the Ludlam Trail linear park to be enjoyed by all."
The 64 rental units development composed of two buildings with four and five-story will encompass 760-square-foot one-bedroom, one-bathroom units to 1,000-square-foot two-bedroom, two-bathroom residences. The towers on either side of Coral Way will be connected by a pedestrian bridge that spans over Coral Way and will be a part of the Ludlam Trail.
The project will leverage its exclusive location with direct access to the Ludlam Trail linear park and include a multipurpose room available for the public, allowing residents to interact with them while allowing them to participate in fitness activities. The property is located along the Ludlam Trail, a 6.2-mile multiuse public trail running north to south from Miami International Airport to Dadeland Mall. It will connect with the Underline and circle back to Downtown Miami, thus creating 16 miles of uninterrupted trails inside our urban core.
“Our seniors struggling with rising costs across the board deserve access to safe and affordable housing," said Commissioner Kevin Cabrera. "I’m excited to see the construction of the Ludlam Trail Towers, which help the seniors of our district live out their golden years with dignity. Looking forward to continuing to work with our partners on initiatives to tackle our community’s housing crisis.”
The Ludlam Trail Towers is one of the many scheduled residential projects for the trail as part of the redevelopment of the abandoned railroad track. Additional projects on the trail include a 312-unit apartment complex on the Bird Road Node also led by MV Real Estate Holdings in partnership with Altman Companies and Mattoni Group, an 84-unit workforce housing complex on 8th street, and a 950-unit apartment building with retail stores, and a dog park on 8th street as well; every project is currently in different phases of development.
First Florida is the General Construction company responsible for Ludlum Trail Towers with an expected completion date by the summer of 2024. Reservations will be available starting spring of 2024.
Ralph Lauren Opens Iconic Luxury Concept In Miami Design District
Ralph Lauren (NYSE: RL) has opened a new luxury concept in the iconic Miami Design District, bringing the brand’s signature vision of timeless luxury to one of the most unique shopping and design destinations in the country. The Design District represents the intersection of luxury fashion, art and culture, and the brand will engage this vibrant community through a series of innovative and immersive moments throughout the year.
Ralph Lauren (NYSE: RL) has opened a new luxury concept in the iconic Miami Design District, bringing the brand’s signature vision of timeless luxury to one of the most unique shopping and design destinations in the country. The Design District represents the intersection of luxury fashion, art and culture, and the brand will engage this vibrant community through a series of innovative and immersive moments throughout the year.
Showcasing the modern elegance, effortless sophistication and exceptional craftsmanship of the Company’s luxury labels, the new store will offer a thoughtfully curated assortment of Men’s Purple Label and Women’s Collection apparel and accessories, alongside one of-a-kind handbags and accessories exclusive to the Design District location. Taking inspiration from contemporary yachts and waterfront residences, the 4,135 SF store design features a sleek, crisp and modern design. Warm teak wood plank and white tile flooring is paired with blond mahogany wood millwork, alongside stainless steel and black ebonized detailing. The space is rich layered throughout with furniture from the Ralph Lauren Home Collection, a carefully curated collection of bold, modern artwork and unique, striking objects.
Inspired by the creative spirit of the store’s location, a mural on the Miami Design District Museum Garage Wall will feature an artistic reinterpretation of the Women’s Collection Spring ‘23 campaign.
In celebration of the opening, Ralph Lauren will collaborate with Poolsuite, a Web3 community deeply rooted in the Miami lifestyle and aimed at building the future of internet leisure, to unveil a multi-tiered partnership, engaging a new audience. For Poolsuite’s first-ever brand collaboration, a co-designed Ralph Lauren x Poolsuite NFT will be gifted to all existing Poolsuite community members, unlocking exclusive access to attend a special event. In addition, holders of the Poolsuite’s Grand Leisure collection will be able to update their ‘Leisurist’ Avatars with digital Ralph Lauren looks, using the vintage-vehicle-inspired ‘RL 3000’ website.
Additionally, the store will become the first Ralph Lauren store to accept cryptocurrency as a form of payment. In partnership with BitPay, customers will be able to make purchases with multiple cryptocurrencies including Bitcoin (BTC), Ethereum (ETH) and Polygon (MATIC).
Within the store, interactive digital screens will unlock the full breadth of Ralph Lauren products, allowing customers to discover and explore any item available in North America, book interactive styling appointments, integrate their wish lists and more.
In late April, the world of Ralph Lauren will come to life in Miami for the first time through an immersive experience at a water-front private estate in North Miami, complete with manicured gardens and a spectacular pool with incredible views of Biscayne Bay and the Miami skyline. Over the course of three days of activations, guests will be transported to a distinctly Ralph Lauren expression of coastal living. Wicker lounge chairs accented with crisp navy and white awning stripes, touches of gold decorative accessories and classic blue-and-white entertaining moments from the Home collection capture the spirit of Riviera-chic style.
The Miami store opening builds on Ralph Lauren Corporation’s targeted expansion across North America, Europe and Asia as part of its Next Great Chapter: Accelerate strategy. The Company believes in building elevated ecosystems that integrate both digital platforms and physical stores and bring the World of Ralph Lauren to life for its consumers around the globe.
Israeli Mediterranean Hotspot MOTEK Opens Coral Gables Location
MOTEK, the family-owned Eastern Mediterranean restaurant celebrated for its warm hospitality and award-winning Arayes Burger, is opening its third location at 45 Miracle Mile in Coral Gables, as a response to the overwhelming demand for their quality-driven restaurant. The menu will offer authentic kosher-style Mediterranean dishes, presented in their beloved sunshine yellow atmosphere.
MOTEK, the family-owned Eastern Mediterranean restaurant celebrated for its warm hospitality and award-winning Arayes Burger, is opening its third location at 45 Miracle Mile in Coral Gables, as a response to the overwhelming demand for their quality-driven restaurant. The menu will offer authentic kosher-style Mediterranean dishes, presented in their beloved sunshine yellow atmosphere.
MOTEK was originally established in 2020 in Downtown Miami with the purpose of elevating the Magic City’s Mediterranean food culture. MOTEK offers thoughtful and traditional Israeli Mediterranean dishes that are equally innovative, with quality and freshness at the forefront. The restaurant’s new 7,600 square foot Coral Gables outpost features a modern design coupled with the restaurant’s iconic sunshine yellow hue and vibrant floral touches with cozy interiors designed to make you feel as if you’re dining somewhere between Jaffa and Tel Aviv.
“We are elated with Miami’s immense response to what began as a passion project of ours,” Co-Founder Tessa Levy says. “My husband and I’s deep appreciation for the food culture of our upbringing has inspired us to open the restaurant of our dreams, and we feel blessed to share our distinct vision with a flourishing community like Coral Gables.”
MOTEK’s new Coral Gables location will feature an array of menu items that draw inspiration from regions like Lebanon, Morocco, Yemen and more. The menu boasts an All Day Brunch section with standouts like the Shakshuka, Hummus Shakshuka, and Jerusalem Grilled Cheese; a variety of Hummus options made daily in small batches to preserve freshness; extensive Cold & Hot Mezzes offerings; refreshing Salads; Kebabs; Homemade Flat-Pitas; Wraps with a variety of proteins; and Burgers including the restaurant’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 freshly-made hummus, to hearty meat dishes and a slew of vegetarian options, MOTEK’s menu has something for everyone.
MOTEK’s Coral Gables outpost will be open daily for breakfast, lunch, dinner, and weekend brunch. MOTEK currently has two other locations situated at 36 NE 1st street in Downtown Miami and 19565 Biscayne Blvd in the Aventura Mall, and looks forward to welcoming its fourth restaurant in Miami Beach this summer.
One United Properties has joined Fortune International Group as a joint-venture partner in the planned Brickell tower. Fortune says construction is scheduled to begin in Q1 2027.