The Melo Group Acquires Lot Adjacent To Brickell City Centre From Swire Properties For $211.5 Million In All Cash Deal

The Melo Group has acquired 2.83 acres of premium land from Swire Properties at 700-799 Brickell Avenue, strategically located next to Brickell City Centre, Miami’s premier shopping and culinary destination. The acquisition, valued at $211.5 million with the potential to increase to $221.5 million, was completed as an all cash deal. This acquisition places The Melo Group in a strategic position with unique and irreplaceable land next to Brickell City Centre which was previously the site for Swire Properties and Related Companies proposed One Brickell City Centre supertall office tower.

“This transaction was executed between both companies with remarkable collaboration and precision. We extend our sincere gratitude to Swire Properties, its president, Henry Bott, and the entire team for their professionalism and collaboration in ensuring a seamless process,” said Martin Melo, Principal at The Melo Group. “We are pleased to have secured such a significant property and look forward to unlocking its full potential in the heart of Brickell.”

The Melo Group is currently building waterfront dual tower Aria Reserve, a luxury enclave in the popular Edgewater neighborhood in Miami, and Downtown 6, a rental community in downtown Miami. They have built more over 8,000 units in the Downtown Miami area over the past 15 years.

“We have chosen this land in Miami’s urban core because we have witnessed its remarkable growth, continue to see its immense potential, and appreciate how vibrantly it has evolved into a cosmopolitan city.” Adds Carlos Melo, Principal at The Melo Group.

CBRE successfully marketed and facilitated the sale of the property on behalf of Swire Properties, with efforts led by Robert Given, Troy Ballard, Brad Capas, and James Quinn. "For a project of this scale and complexity, the buyers moved remarkably fast," said Given. "With their deep expertise in Miami, the Melo Group swiftly recognized the quality of the site and committed to an aggressive acquisition timeline."

First Look Inside The Newly Revealed FAENA Residences Miami

FAENA Residences Miami is set to launch sales later this month starting at $1.3 million and has revealed new renderings highlighting the ultra-luxury plans for the groundbreaking residential project aimed at redefining riverfront living in the city. FAENA Residences Miami not only marks a significant milestone for the Faena brand but also catalyzes the transformation of the Miami Riverfront into a vibrant, walkable cultural hub surrounded by over $25 billion in real estate investments with 10,000 residential units either planned or under construction. FAENA Residences Miami is developed by Fortune International Group, led by Edgardo Defortuna, and KAR Properties, led by Shahab Karmely, and will be located at 90 SW 3rd Street.

Comprising 434 condominiums across two 60-story towers, units will range from 700 to 3,300 square feet, with prices starting at $1.3 million and reaching up to approximately $10 million for premium options. More expensive residences will be released in the future. Spanning 45,000 square feet, the development includes cultural programming, performance spaces, and wellness facilities within a dramatic sky bridge. This innovative approach aligns with Miami’s growing emphasis on community engagement and artistic experiences, providing spaces for both residents and visitors.

Architecturally designed by renowned Rafael Viñoly Architects, this sculptural tower embodies Viñoly's legacy and promises to become a key feature of Miami's skyline. The project's modern aesthetic harmonizes with elements that celebrate the dynamic environment of the Miami River. Interiors, crafted by Faena Design Studio and London’s Bryan O’Sullivan Studio, reflect Faena’s signature style with muted red tones, rich textures, and theatrical accents, catering to luxury buyers seeking a refined residential experience in tune with the energetic spirit of Miami.

The Faena District Miami River will encompass high-end residences, curated cultural spaces, wellness facilities, and public art initiatives that enhance the city’s cultural fabric. By reinforcing connections to the established Faena District in Miami Beach, FAENA Residences is strategically positioned to attract discerning clientele interested in a cosmopolitan lifestyle steeped in luxury. With sales anticipated to commence later this month, this landmark development promises to define Miami’s skyline and lifestyle narrative in the years ahead.

Renderings via Binyan Studios

For more information about FAENA RESIDENCES MIAMI or to inquire about purchasing a unit please fill out the form below:

$6 Billion Mixed-Use Miami Worldcenter Set For Official Grand Opening in Downtown Miami Welcoming New Restaurant And Retail Concepts

After nearly two decades of planning and development, Miami Worldcenter is set to host its official Grand Opening this week as the $6 billion, 27-acre mega-development continues Downtown Miami’s transformation into a vibrant, walkable destination where Miami lives, shops, dines, and plays. A flurry of new openings – from acclaimed restaurants and stylish cafés to retail and lifestyle staples – is bringing new energy to Downtown Miami’s urban core. Chicago’s famed steakhouse Maple & Ash, Earls Kitchen + Bar, and Sweet Paris Cręperie & Café are now open, joined by new tenants including The Spot Barbershop and Starbucks, adding to the project’s dynamic tenant mix that blends global flavors, lifestyle concepts, and everyday conveniences.

Miami Worldcenter was developed by Miami Worldcenter Associates, led by Managing Partners Art Falcone and Nitin Motwani, in partnership with Los Angeles-based CIM Group. Spanning 10 city blocks, 27 acres, in the heart of Downtown Miami, the $6 billion mixed use development blends residential, retail, hospitality, entertainment, and public spaces at the center of the city’s cultural core.

“As one of the largest and most ambitious urban developments in the U.S., Miami Worldcenter is delivering on its promise of creating a true ‘city within a city,’” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “With every new opening – whether it’s a flagship restaurant, boutique shop, or everyday service – we’re bringing our vision of a connected, mixed-use community to life in the heart of Downtown Miami.”

Recently Opened Tenants:

Maple & Ash: The Chicago-based, award-winning steakhouse has debuted its boldest venture yet – a 22,000-square-foot, two-story flagship that blends culinary mastery with unrestrained luxury. 699 NE 1st Avenue

Sweet Paris Cręperie & Café: Known for its ‘art of eating crępes,’ this elegant café serves up sweet and savory crępes, waffles, paninis, and handcrafted cocktails. 851 NE 1st Avenue, #105

Earls Kitchen + Bar: A chef-driven restaurant offering globally inspired dishes, craft cocktails, and a vibrant, welcoming atmosphere. 150 NE 8th Street, #146

The Spot Barbershop: A South Florida favorite since 2001, The Spot brings its signature industrial design, classic bar, and upscale barbershop experience to Miami Worldcenter. This 1,700-square-foot location marks its third in Downtown Miami. 851 NE 2nd Avenue, #124

Starbucks: Serving its signature coffees, teas, and bites, this new café features original murals by local artists Jhonattan and Samantha Arango (Art of Anón), adding a distinct Miami touch to the beloved global brand. 150 NE 8th Street, #147

“Every opening adds to the diversity of options for visitors to Miami Worldcenter who will find great dining, shopping and entertainment in a lively atmosphere which invites guests to linger and fully experience all aspects of this new destination,” said Shaul Kuba, Co-Founder and Principal, CIM Group.

Miami Worldcenter is home to iconic global brands, world-class dining, public art displays, and entertainment for all ages. This pedestrian-oriented corridor offers nearly 300,000 square feet of street-level retail, dining, and lifestyle experiences designed to energize the heart of Downtown Miami.

Anchored by Downtown Miami’s first Apple store, Miami Worldcenter is home to a curated collection of premier retailers including Sephora, Lululemon, Ray-Ban, Lucid Motors, Free People, Savage X Fenty, The Container Store, Posman Books, HźP Sneakers & Streetwear, and The Spot Barbershop. Tenants opening soon include Openbank by Santander, SkinSpirit, Blo Blow Dry Bar, Bijoux et Montres, and Club Studio.

The culinary lineup showcases a diverse mix of global flavors and formats – from signature destinations like Maple & Ash, Sixty Vines, Earls Kitchen + Bar, Sweet Paris Cręperie & Café, and Starbucks, to local favorites including Brasserie Laurel, Chug’s Express, and El Vecino Cigar & Cocktail Bar. Eateries coming soon include the New York-famous Italian staple Serafina, Go Greek Yogurt, and the highly anticipated JUVIA, a beloved Miami favorite known for its rooftop views, striking design, and a fusion of French, Japanese, and Peruvian flavors.

For entertainment, families and visitors alike can enjoy Lucky Strike Bowling and the immersive, multi-sensory Museum of Ice Cream – making Miami Worldcenter a destination for shopping, dining, and play that reflects Miami’s vibrant energy and global appeal.

Miami Worldcenter is planned to bring more than 11,000 residential units to market over the course of the multi-phase development. Several luxury apartment and condominium towers are already completed, with thousands of additional units actively under construction or in planning. On the hospitality front, more than 1,100 hotel rooms are expected across the site, with the citizenM Miami Worldcenter hotel now open and additional hospitality destinations slated to debut in future phases.

As South Florida’s largest transit-oriented development, Miami Worldcenter offers unmatched connectivity with direct access to major expressways, MiamiCentral Station, and Brightline’s high-speed rail linking Downtown Miami to cities across Florida. Integrated with Metrorail, Metromover, Tri-Rail, and the Brickell/Biscayne trolley systems, it provides effortless regional access. Miami Worldcenter’s prime location puts it within walking distance of Museum Park, the Kaseya Center, the Adrienne Arsht Center, and Miami Dade College’s Wolfson Campus, placing it at the heart of Miami’s cultural and entertainment district.

Before & After:

Images via Miami Worldcenter | Before & After via PROFILEmiami

Pura Vida Opens Coconut Grove Flagship Location With New Signature Gelato Concept

Pura Vida Miami, South Florida’s premier all-day cafe and wellness brand, has opened its first flagship location in the heart of the historic Coconut Grove neighborhood. Marking a major milestone for the Miami-born brand, the expansive 6,000-square-foot space at 3000 Grand Avenue is now Pura Vida Miami’s largest outpost yet and introduces the brand’s new gelato concept. This flagship location reflects years of thoughtful growth and intentional evolution, serving as a central hub for the community, where Pura Vida Miami’s signature experience is elevated in every detail—from design and layout to new culinary innovations.

“Our 34th and most stunning location yet, our Coconut Grove flagship brings an elevated design and the exclusive debut of our better-for-you gelato — a true celebration of everything we love. In designing Coconut Grove, we set out to create a space that feels both refined and effortless, where every detail — from the finishes to the flow — reflects the lifestyle that defines Pura Vida Miami and sets the tone for how the brand is evolving visually. Our goal is to cultivate environments that are warm, welcoming, and deeply connected to the communities we serve — and we hope to bring just that to the Coconut Grove neighborhood.” Said Jennifer Horev, Chief Brand Officer of Pura Vida Miami & Horev Hospitality.

As with all Pura Vida Miami locations, wellness goes beyond just nutritious food; it’s about creating an all-encompassing, exceptional dining experience that fuels both body and mind. This flagship location embodies the brand’s ethos with an elevated design, featuring natural stoneware and organic textures throughout—including travertine, Taj Mahal quartzite, and Venetian plaster—alongside custom furnishings and high-end finishes. Woven grass pendants add a soft, natural warmth from above, complementing the raw, tactile materials used throughout the space, while stone walls subtly evoke the raw, sculptural beauty of a Mediterranean grotto. The space is defined by soaring 30-foot ceilings and anchored by a large banyan tree situated at the heart of the store, reinforcing the connection to nature and the neighborhood’s native lush surroundings.

A new Market Display has also debuted at this location, highlighting Pura Vida Miami’s expanding product line—from clean protein bars and wellness-focused snacks to apparel, homeware, and signature scent. Designed by Chief Brand Officer Jennifer Horev, the flagship features an airy, open-floor layout that seamlessly connects indoor and outdoor spaces—an inviting setting where guests can relax and connect at any time of day.

The Coconut Grove Flagship exclusively debuts the brand’s newest concept: Gelato by Pura Vida Miami. Rooted in tradition and developed with the same unwavering dedication to health, wellness, and clean ingredients, this “better-for-you” gelato honors the flavor and texture of traditional Italian gelato—crafted in-house, naturally sweetened with trehalose, entirely gluten-free, and free from refined sugars. Made fresh daily with consciously chosen, high-quality ingredients, every detail is designed with intention, allowing guests to indulge without compromise.

Signature flavors include Salted Pistachio, Chocolate Hazelnut, and Welcome to Miami—inspired by one of Pura Vida Miami’s beloved smoothies—served in house-made gluten-free waffle cones with pure, homemade chocolate. For those on the go, these signature flavors, along with Fior di Vanilla, will also be available in to-go pints, offering a taste of Gelato by Pura Vida Miami at any time of day.

The Coconut Grove neighborhood can anticipate Pura Vida Miami’s thoughtfully curated menu, featuring its famed All-Day Breakfast offerings—highlighting a range of avocado toasts and pasture-raised eggs, each paired perfectly with artisanal coffee, matcha drinks, and teas. Clean, chef-driven salads can be customized with high-quality proteins, alongside colorful wraps, sandwiches, and bowls with diverse bases and proteins to accommodate various dietary preferences. An array of superfood smoothies, cold-pressed juices, wellness shots, açaí bowls, and fresh-baked goods further enhance the menu, ensuring there’s something for everyone—whether vegan, vegetarian, or gluten-free. With the launch of its flagship in Coconut Grove, Pura Vida Miami delivers its "Health is Happiness" philosophy that seamlessly blends nutritious dining with a vibrant, community-driven atmosphere.

“We are incredibly excited to debut our flagship location in Coconut Grove, a milestone that marks the evolution of not only our brand but also the city of Miami. We carefully chose this historic neighborhood as it is one of the fastest-growing areas of the city, and we found an incredible opportunity to be part of its transformation. Not only will this be our largest location to date, but it will also introduce our new gelato concept—a project we’ve worked tirelessly to perfect. This flagship will serve as the heartbeat of the brand, seamlessly blending our values of health, community, and sustainability into a space where friends and neighbors can gather, nourish themselves, and enjoy an elevated dining experience.” Said Omer Horev, CEO and Founder of Pura Vida Miami & Horev Hospitality.

Founded by husband-and-wife duo Omer and Jennifer Horev, the brand was born out of their need for healthy, all-day dining options—a vision that has since fueled its expansion to over 30 locations across South Florida and into New York. What started as a small passion project has transformed into a wellness empire, redefining how communities view healthy dining—prioritizing high-quality ingredients, accessibility, and an environment that supports a balanced lifestyle—all while creating over 1,500 careers across South Florida and most recently, New York. Since opening in 2012, Pura Vida Miami has grown from a single café in the South of Fifth neighborhood into a leader in South Florida’s health and wellness space.

Images via Pura Vida

The Ritz-Carlton Key Biscayne Launches $100 Million Full-Scale Renovation of Iconic Beachfront Resort

Poised between the cosmopolitan grace of Miami and the natural beauty of the Atlantic, The Ritz-Carlton Key Biscayne, Miami, is embarking on a new chapter. Nearly 25 years since Gencom co-developed the asset, the iconic resort has begun a transformational improvement plan totaling over $100 million, ushering in a new era of coastal luxury. Following completion of the planned improvements, the property is slated to reopen its doors in December 2025.

Located at 455 Grand Bay Drive, the 275,000-square-foot resort spans 17 acres on the barrier island of Key Biscayne. Rising 13 stories above the shoreline, the 420-key hotel features 600 feet of pristine beach access. Since its debut in 2001, the resort has become a premier destination in Miami’s luxury hospitality landscape. The upcoming transformation marks the first comprehensive renovation of this iconic property since its inception.

Spearheaded by design architect Hart Howerton, with public spaces envisioned by Design Agency and guestrooms redesigned by Chapi Chapo Design, the renovation’s vision is deeply rooted in the resort’s island identity while elevating its refined sense of place. Each space will harmonize with the surrounding coastal landscape, incorporating soft natural tones, lush greenery, and textures that evoke the sand and seas.

“With this transformative renovation, we are honoring the property’s legacy and doubling down on our 25-year commitment to the Key Biscayne community,” said Karim Alibhai, Founder and Principal of Gencom. “These enhancements will allow the property to remain competitive in the region’s increasingly sophisticated hospitality landscape, while further elevating Key Biscayne as a premier destination.”

As a visual cue for what is to come, the resort's exterior will be introduced with a fresh, modern color palette that will reflect the surrounding sand and sea. Inside, the lobby will undergo a complete transformation, anchored by a new East-facing glass façade that will seamlessly merge the exterior’s coastal landscape with layered natural textures and warm interior tones. The newly redesigned arrival experience will embrace the island’s tropical elegance, evoking a sense of calm and wonder.

The Spa at The Ritz-Carlton Key Biscayne, Miami, will also undergo a complete redesign to reflect the serenity of its surroundings. Drawing inspiration from the island’s native elements, mangroves, limestone, and the ocean, it will reemerge as a sanctuary for rejuvenation and renewal.

The culinary experience will also evolve with the introduction of a completely refreshed signature restaurant, offering guests and locals bold flavors and locally inspired ingredients. In addition to the new dining offering, The Ritz-Carlton Key Biscayne, Miami will continue to welcome guests to its six long-standing dining venues, including RUMBAR, Cantina Beach, Dune, Scoop, Stefano’s, and Key Pantry. Each space will be refreshed to enhance the overall experience, ensuring continuity and charm that aesthetically aligns with the resort’s broader transformation.

Beyond the culinary experience, enhancements will extend across the property’s impressive suite of amenities. Guests will enjoy an upgraded experience across the swimming pools, fitness center, The Club Lounge, and the Cliff Drysdale Tennis Center, the largest tennis facilities of any Ritz-Carlton resort. The hotel also boasts 37,000 square feet of indoor and outdoor meeting and event space, making it a favorite among leisure travelers and business groups alike.

“The transformation represents a remarkable investment in the property’s future that will create an elevated hospitality experience for new and returning guests,” said Alessandro Colantonio, Executive Vice President and Chief Investment Officer at Gencom. “With this latest capital investment, we remain committed to ensuring that this iconic resort continues to set the standard for luxury in Miami.”

The property is a cornerstone of Gencom’s prestigious portfolio of branded properties, which includes The Ritz-Carlton Bachelor Gulch, The Ritz-Carlton New Orleans, The Ritz-Carlton Philadelphia, The St. Regis Chicago, and Nekajui, a Ritz-Carlton Reserve.

Today, Gencom’s portfolio spans nearly $8 billion in assets under management and under development and includes 23 owned assets with more than 6,000 hotel rooms around the world. Through its operating affiliates Pyramid Global Hospitality and Convene, Gencom oversees over 200 properties and more than 2 million square feet of premium meeting, event, and flexible office space.

Exterior Renderings via Hart Howerton | Interior Renderings via Design Agency

Celestial Fund Closes $35 Million Bespoke Debt Package For Spec Home Portfolio

Celestial Fund, under the leadership of Founder and CEO Eugene Rutenberg, has closed on a $35 million bespoke debt package, structured for the recapitalization and refinancing of an exceptional three-property Spec Home portfolio, developed by Cicardo Development — a premier merchant builder based in South Florida.

The portfolio comprises two ultra-prime waterfront estates situated on trophy lots in Fort Lauderdale and a third extraordinary residence located in the prestigious enclave of Harbour Beach in Boca Raton, Florida.

Over the past 24 months, Celestial Fund has firmly cemented its reputation as a dominant force in luxury real estate finance, having orchestrated over $125 million in Spec Home transactions across South Florida. Through its Capital Markets Consulting platform, the firm has additionally facilitated another $100 million in successful capital placements. Celestial Fund has a stable of capital from a curated group of prominent family offices, financing Senior Loans secured by premier Luxury Spec Home developments and operates a parallel investment vehicle dedicated to Preferred Equity positions secured by high-value Multifamily and Commercial assets nationwide.

Eugene Rutenberg, with over 15 years of distinguished experience as both a Lender and Capital Advisor Consultant, has completed in excess of $1 Billion in complex, structured real estate financings throughout his career.

The Portfolio: A New Benchmark in Ultra-Luxury Residential Development

1400 West Lake Drive, Fort Lauderdale, FL

Nestled on an unparalleled point lot within the exclusive Harbor Beach peninsula, this architecturally significant modern estate exemplifies the pinnacle of sophisticated waterfront living. Offering approximately 10,500 sq ft of refined interiors and over 15,000 sq ft of total luxury footprint, the residence boasts an extraordinary 250+ feet of deep-water dockage — ideal for superyachts and multiple vessels alike — with sweeping, unobstructed vistas of Lake Sylvan and the Fort Lauderdale skyline. Meticulously crafted with imported Italian finishes across three levels, amenities include seven stately bedrooms, a world-class wellness center featuring a gym, sauna, and steam showers, an executive office, and a stunning rooftop sky lounge complete with a custom-designed bar. Targeted for completion in January 2026.

2880 NE 28th Street, Fort Lauderdale, FL

This masterfully designed three-story waterfront sanctuary redefines modern resort living within Coral Ridge’s most sought-after community. Commanding an oversized Southeast-facing lot with 153 feet of no-wake zone water frontage, this Zen-inspired private compound offers an exceptional 13,000 sq ft of total living space. The residence comprises six bedrooms, eight designer baths, a state-of-the-art Club Room, home gym, spa with sauna and cold plunge pool, and a top-floor media entertainment suite crowned by an expansive rooftop sky lounge. Featuring both a chef’s and butler’s kitchen, dedicated crew/staff quarters, and a 4-car gallery garage. Ready for immediate occupancy May 30, 2025.

681 Golden Harbour Drive, Boca Raton, FL

Situated on an irreplaceable dream lot overlooking the pristine waters of Lake Wyman, this resort-inspired private oasis is encircled by lush, protected preserve lands, ensuring unparalleled privacy and a natural symphony of wildlife. Offering 11,173 sq ft of exquisitely curated total living space, the residence hosts six bedrooms, seven baths, a sumptuous Club Room, rooftop entertainment area, elevator access, and a 4-car collector’s garage. Boasting 117 feet of yacht-ready water frontage in a no-wake zone, this bespoke masterpiece will be delivered May 30, 2025.

Signature Capital Placements: Design 41 Miami & One Park Place Office in Boca Raton, FL.

A crowning achievement for Celestial was its instrumental role in arranging the $45.30 million financing package for the iconic Design 41 project — a 47,000 sq ft “Class A” mixed-use jewel located at the very heart of Miami’s world-renowned Design District. As one of the tallest and most architecturally distinctive structures in the immediate area, Design 41 features 60+ private, secure indoor parking spaces, a breathtaking oversized penthouse patio, and a roster of prestigious tenants including BSH Group (BOSCH, Thermador, Gaggenau), Hastens Beds, BOND No. 9, and Breitling. Designed by internationally acclaimed architect Enrique Norten of TEN Arquitectos, the project integrates cutting-edge Green Building technologies and proudly holds a LEED Silver Certification. Conveniently situated just 10 minutes from Miami International Airport, Design 41 epitomizes the fusion of visionary architecture, sustainable innovation, and enduring luxury.

Another of Celestial’s most recent placements is the $16.30 million financing of a 240,000 sq ft Class A office building called One Park Place in Boca Raton, FL.

Connect with Celestial Fund:

Prosper Group and Forte Development Reveal 80-Story Brickell Tower Designed by ODP Architects

Prosper Group and Forte Development have unveiled plans for an ambitious 80-story mixed-use tower designed by ODP Architects at 1040 South Miami Avenue. This striking development, set to rise 945 feet above the skyline, will blend residential, hotel, and retail spaces into a dynamic urban hub. The proposal, submitted under the Miami-Dade County Rapid Transit Zone (RTZ) program, aims to create a vibrant space in close proximity to the Brickell Metromover station, enhancing accessibility for residents and visitors alike. The site was previously slated for a Virgin Hotel project and covers 0.6 acres.

Designed by ODP Architects, the tower will feature 250 condominium units and 48 condo-hotel properties, alongside 100 hotel rooms and 322 parking spaces. Complementing the living spaces will be approximately 1,900 square feet of restaurant space, catering to both residents and patrons of the bustling Brickell area. The developers have integrated a range of modern amenities into the building's plans, such as on-demand IV infusions, cold plunge pools, red light therapy, and infrared saunas.

Prosper Group, headed by Jay Roberts, and Forte Development, led by Marius Fortelni, are collaborating under the entity name 1040 S Miami Development LLC. In a statement regarding the project, the developers emphasized their commitment to enhancing the local environment, noting that the tower's mixed-use concept supports the "live, work, and play" ethos that defines Brickell.

By leveraging the advantages provided by the RTZ framework, the developers are able to sidestep traditional City of Miami zoning regulations, allowing for a streamlined approval process. Although detailed construction timelines are still under wraps, the project marks a significant step forward for urban development in the rapidly evolving Brickell area.

Renderings via Quantum Space Studio & Prosper Group

For more information about 1040 S Miami Ave. or to inquire about purchasing a unit please fill out the form below:

Sushi Garage Reveals Inside Look At New Concept Coming To The Standard Residences, Midtown Miami

Rosso Development, Standard International and Midtown Development have revealed a first look at Sushi Garage’s upcoming outpost at the highly anticipated The Standard Residences, Midtown Miami. Created by the acclaimed Juvia Group, founded by Jonas and Alexandra Millán, Sushi Garage brings a modern twist to traditional Japanese cuisine in an elevated, neighborhood-style setting. The lively new restaurant will join an impressive culinary lineup at The Standard Residences, which also includes Solana—the rooftop restaurant and bar by Juvia Group—and Rosetta Bakery Café & Privato Speakeasy.

“Sushi Garage is an extension of the vibrant lifestyle we envisioned not only for The Standard Residences, but for the entire Midtown community,” said Carlos Rosso, founder and CEO of Rosso Development. “Juvia Group has a proven track record of creating dynamic culinary destinations. Their beloved South Beach brand and recent success in Coconut Grove will carry into this project, complete with vibrant outdoor seating and an indoor-outdoor bar designed to celebrate Midtown’s energetic sidewalk culture.”

Sushi Garage’s happy hour has been a defining feature of Miami’s dining culture, and its approachable yet refined experience keeps locals and visitors returning. The menu is a tribute to high-quality, sustainable ingredients, expertly crafted with innovative culinary techniques. Offering a laid-back atmosphere, it’s a go-to destination for those who appreciate a creative twist on sushi.

“Sushi Garage has always been about community, and Midtown’s energy is the perfect match,” said Jonas Millán. “This new location marks the next evolution of the brand—and we’re proud to be part of the neighborhood’s continued growth.”

The new design is by Manuel Clavel Rojo, founder and principal of Clavel Arquitectos, an internationally recognized architecture and design firm based in Murcia, Spain. "Designing the new restaurant in Midtown was about capturing the soul of the brand—playful, local, and elevated—while crafting a space that seamlessly blends innovation with emotional resonance and feels inherently connected to Miami’s vibrant energy.”

Located at 3100 N.E. 1st Ave, between The Design District and Wynwood, The Standard Residences, Midtown Miami blends culture, community and style with world-class design, amenities and service. As the first branded residences within the portfolio, the 228 residences span from studios to two-bedroom layouts, all designed with The Standard’s distinctive touch for flexible living. Additionally, owners will be able to lease their units for terms as short as one month. The project is nearly sold out and completed - with expected completion slated for Q3 2025. Sales and marketing is exclusively managed by Douglas Elliman Development Marketing.

A lush rooftop is home to a 60-foot, resort-style sunset pool in tandem with a signature rooftop restaurant and bar reminiscent of the bold aesthetic The Standard pioneered from LA to New York to London. Wellness offerings include a state-of-the-art sweat room and fitness center, an infrared sauna, an indoor pickleball court, and yoga and stretch studios. A karaoke bar and screening room, as well as fully equipped co-working spaces, Zoom rooms and a private boardroom underscore spontaneous socialization. A dedicated Standard concierge will be available to assist owners and direct community programming.

Renderings via Manuel Clavel Rojo

For more information about The Standard Residences, Midtown Miami or to inquire about purchasing a unit please fill out the form below:

Continuum Company Closes $25 Million Pre-Development Loan for Continuum Club & Residences in North Bay Village

Continuum Company, a real estate development firm with offices in NYC and Miami, has closed on a $25 million pre-development loan for the Continuum Club & Residences, a planned 32-story luxury condominium development located at 1755 John F. Kennedy Causeway in North Bay Village, Florida. The financing was provided by Benmark Capital, a vertically integrated real estate private equity and debt investment firm. Continuum Club & Residences has reported strong pre-sales activity, with 50% of units already under contract.

The transaction provides capital to advance site preparation and development activities for the project, which is anticipated to bring 198 luxury waterfront residences to the revitalizing North Bay Village submarket. Developed in partnership with Aksoy Holdings, Continuum Club & Residences represents Continuum’s second Miami project following the successful delivery of Continuum South Beach.

“Benmark Capital is pleased to support The Continuum Company in advancing this highly anticipated development,” said Mark Simon, Chief Executive Officer of Benmark Capital. “This transaction reflects our commitment to financing institutional-quality projects sponsored by experienced developers in supply-constrained, high-demand markets.”

Joe Moser, Director at Benmark Capital, added, “Continuum Club & Residences is exceptionally well-positioned to benefit from the significant investment and infrastructure improvements underway in North Bay Village. We are proud to play a role in bringing this transformative project to fruition and to continue expanding our footprint in the Miami market.”

Designed by Arquitectonica, with interiors by Durukan Design and landscaping by Martha Schwartz Partners, the development will offer over 60,000 square feet of amenities, including multiple resort-style pools, a private marina, a waterfront fitness center and spa, curated dining, and wellness-focused services. The project broke ground in March 2025 and is targeting completion in early 2028.

"Securing this pre-development loan from Benmark Capital is a testament to the strength of our vision for Continuum Club & Residences and the confidence in our team's ability to deliver exceptional value," said Ian Bruce Eichner, Chairman and CEO of Continuum Company. "The tremendous support from our financial partners underscores the unprecedented demand for luxury waterfront living in Miami's emerging neighborhoods. This financing will enable us to maintain our momentum as we transform North Bay Village into Miami's next premier destination."

Renderings via Williams New York

For more information about Continuum Club & Residences or to inquire about purchasing a unit please fill out the form below:

PMG Locks Down $413 Million Construction Loan For One Twenty Brickell Residences

National developer PMG has secured $413 million in construction financing for One Twenty Brickell Residences, a dual-tower luxury mixed-use condominium and rental development rising in the heart of Brickell. The loan covers financing for the condominium, multifamily, commercial, and parking components of the property. An Ares Real Estate fund (“Ares”) and Monarch Alternative Capital provided the financing, which follows a previous collaboration between the two firms on a financing for a PMG property in Wynwood last year.

PMG was represented in the One Twenty Brickell Residences transaction by Jones Lang LaSalle (NYSE: JLL) who, alongside PMG’s Capital Markets team comprised of Andrew Warman, Jon Blank and Paton Marion, secured the financing. One Twenty Brickell Residences will officially break ground the first week of May and is slated for completion in 2028.

“Obtaining this financing stands as an incredible feat at a time when current market conditions are making development of multifamily towers challenging,” said Andrew Warman, Managing Director of Capital Markets at PMG. “Receiving the continued support of the Ares and Monarch teams underscores not only the confidence the capital markets have in PMG as a sponsor, but also our ability to identify a strategy to deliver both luxury for-sale and rental product to the heart of Miami’s thriving business district.”

Designed by internationally renowned architecture firm Sieger Suarez Architects, with interiors by Cotofana Designs, plans for One Twenty Brickell Residences consist of two towers. The first tower will rise 37 stories and offer 266 fully finished and furnished condominium residences, each delivered with first-of-their-kind deeded office suites to residents upon their purchase of a condo unit. The second tower, sharing a podium with the first, will rise 41 stories and offer 537 multifamily residential units operated by the Sentral Management Platform. Each studio- to three-bedroom will include fully-integrated kitchens with custom countertops, a curated high-end appliance package, imported and custom kitchen and bathroom cabinetry by Italkraft, WaterWorks bathroom fixtures, a contemporary lighting package and fully built-out closets in the primary bedrooms. Residences also will offer a high level of efficiency through PMG’s smart home technology experience for seamless personalization with the touch of a button.

“We are grateful to receive the significant support from the Ares and Monarch Alternative Capital teams as we advance on One Twenty Brickell Residences,” Dan Kaplan, Managing Partner at PMG. “At over 91 percent sold, its swift sales success is a testament to the tremendous team at PMG Residential’s hard work and keen understanding of the Brickell market. We’re looking forward to being one step closer to delivering One Twenty Brickell Residences and its revolutionary concept of luxury living to its future residents.”

One Twenty Brickell Residences’ towers offer an impressive collection of amenities thoughtfully designed for socializing, entertaining, and self-care. The over 48,000 square feet of amenities and services available to multifamily residents include a lobby with a concierge service, a modern gym and fitness studio, a pool and hot tub, a grilling terrace, social lounges, a co-working hub, and daily community events. Over 60,000 square feet of condominium-specific amenities are also available, including an owner’s lounge, an infinity-edge pool, a pickleball court with courtside seating, a kid’s club and gym, a cafe and juice bar, and the One Twenty Brickell Residences Wellness & Fitness center, equipped with steam, sauna, and treatment rooms, a relaxation area with outdoor terraces, a state-of-the-art fitness studio with the latest high-tech equipment, a movement studio, and a yoga lawn.

“Ares is pleased to further build on our relationship with PMG with this latest project that capitalizes on the strong demand for luxury housing in Miami,” said Bryan Donohoe, Partner and Head of U.S. Debt in Ares Real Estate. “We look forward to potential future opportunities to provide Ares’ scaled and flexible capital solutions in this dynamic market environment.”

“We are pleased to be a lender-of-choice and work with a best-in-class developer like PMG that has an exceptional presence in the Miami market,” said Joshua Acheatel, Head of Real Estate Acquisitions at Monarch Alternative Capital. “Boasting luxury finishes and extensive amenities, we believe One Twenty Brickell Residences is favorably positioned at a marquee location. We are excited to continue our relationship with PMG and are looking forward to the project’s success.”

Legal representation was spearheaded by PMG’s in-house team consisting of Lowell Plotkin, Scott Buscemi and Lindsay Davis. Outside counsel involved in the financing for One Twenty Brickell Residences include James Godman, Borna Khoshand, and Celeste Williams at Kramer Levin Naftalis & Frankel LLP, who served as the lead transactional counsel; David Shear, Luis Flores, and Teofilo Victoria at Saul Ewing LLP, who served as condominium counsel and local counsel; Javier Avino and Andres Rivero at Bilzin Sumberg Baena Price & Axelrod LLP, who served as land use counsel; and Evan Wagowski at Greenberg, Trager & Herbst, LLP, who served as construction counsel.

With more than three decades of experience in luxury residential developments nationwide, PMG continues to passionately transform skylines with impeccable attention to detail throughout each of its projects. In addition to its extensive portfolio of over 175 projects, the developer is famed for thoughtfully designed condominium developments including 111 West 57th Street in New York City; E11EVEN® Club Hotel & Residences & E11EVEN® Club Residences Beyond, 38 West Eleventh Residences Miami, Waldorf Astoria Hotel & Residences, One West Twelve Residences, and The Elser Hotel & Residences in Miami; Sage Intracoastal Residences in Fort Lauderdale; as well as One Park Sarasota and One Park West on Florida’s west coast. PMG also has expanded its multifamily division, Society Living, to span nationwide, with more than seven communities open or under construction.

Renderings via ARX Creative

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