Movement At 1836 Biscayne As Fifteen Group Applies For Unity of Title Nearing Construction Permit
Fifteen Group is inching closer to their construction permit at 1836 Biscayne after recording a Covenant in Lieu of Unity of Title. In March 2017 PROFILEmiami covered Fifteen Group's application to replat the property which would allow them to build the 34-story residential tower over the historic Christian Science Church, originally built in 1925.
Fifteen Group is inching closer to their construction permit at 1836 Biscayne after recording a Covenant in Lieu of Unity of Title. In March 2017 PROFILEmiami covered Fifteen Group's application to replat the property which would allow them to build the 34-story residential tower over the historic Christian Science Church, originally built in 1925. In 2016 the developers were issued administrative approval for a waiver on Miami 21 zoning code. The project is expected to offer 350 apartment residences, a 9-story parking garage with 480 parking spaces and the historic church component would become over 20,000 SF of retail. No construction permits have been applied for yet.
Moishe Mana Gets $20.13 Million Loan To Build Mana Wynwood Americas-Asia Trade Center & International Financial Center
Moishe Mana has secured a $20.13 million construction loan to build Mana Wynwood Americas-Asia Trade Center & International Financial Center. The financing was provided by Centennial Bank to Malux Realty, Malka Realty and Mizrachi Holdings for properties at 2337 Northwest Fifth Avenue, 375 Northwest 23rd Street, 394 Northwest 24th Street and 382 Northwest 24th Street.
Moishe Mana has secured a $20.13 million construction loan to build Mana Wynwood Americas-Asia Trade Center & International Financial Center. The financing was provided by Centennial Bank to Malux Realty, Malka Realty and Mizrachi Holdings for properties at 2337 Northwest Fifth Avenue, 375 Northwest 23rd Street, 394 Northwest 24th Street and 382 Northwest 24th Street. Mana plans to build Mana Wynwood Americas-Asia Trade Center & International Financial Center which will feature 10 million SF of commercial space as a trade hub to encourage and facilitate trade between China, Asia, Latin America, North America and the Caribbean. The project will be built in multiple phases with phase 1 including developing 8.5 acres of Wynwood with 4.68 million SF of Class A office space, showrooms, retail, hotels and public space. The total project In 2016 Mana's special area plan for Wynwood was approved covering nearly 40 acres including 51,000 SF of civic space, 3,500 residential units, 8,500 parking spots, the 2.5 acre Mana Commons private park.
The Behar Font & Partners-Designed Okan Tower Planning To Break Ground This Year in Downtown Miami
Okan Tower, located at 555 North Miami Ave., will break ground in 2018 and is currently finalizing their partnership with a general contractor. The self-financed tower from Turkish developer Okan Group has pre-sold about 12% of of units since the project was first proposed in October 2017.
Okan Tower, located at 555 North Miami Ave., will break ground in 2018 and is currently finalizing their partnership with a general contractor. The self-financed tower from Turkish developer Okan Group has pre-sold about 12% of of units since the project was first proposed in October 2017. Okan Tower will rise 70-stories, 890', and was designed by Behar Font & Partners. The project will feature 300 hotel rooms, 80,000 SF of office space, 10,000 SF of restaurant space, 362 condominium units, and a selection of amenities including a rooftop swimming pool. The project is expected to be completed Q4 2022.
Zaha Hadid's One Thousand Museum Reveals The East Coast's Only Private Rooftop Residential Helipad
Zaha Hadid's One Thousand Museum has revealed the East Coast of the United States' only helipad on a private, residential tower. Through the building’s luxury management service, residents will be able to reserve the helipad and book transport to and from Miami International Airport, nearby islands, destinations and more without leaving the building.
Zaha Hadid's One Thousand Museum has revealed the East Coast of the United States' only helipad on a private, residential tower. Through the building’s luxury management service, residents will be able to reserve the helipad and book transport to and from Miami International Airport, nearby islands, destinations and more without leaving the building.
The 62-story One Thousand Museum by Zaha Hadid Architects is the late-starchitect Zaha Hadid's first residential skyscraper in the western hemisphere. The project is being developed by Louis Birdman, Gilberto Bomeny, Gregg Covin, Kevin Venger and the Regalia Group with Plaza Construction as the general contractor. One Thousand Museum's design features an exoskeleton design which acts as the buildings structural support. This allows the developer to remove columns from the units, creating expansive glass views of Biscayne Bay. The tower will feature only 83 units ranging from $5.6 million to over $20 million and 4,600 SF to over 10,000 SF. Amenities will include Miami's only private rooftop helipad, state-of-the-art fitness center, spa, two pools, indoor aquatic center, and a sky lounge. Construction topped off in February 2018 and the tower is on track for delivery in late 2018.
Tour the uber-luxe model residence designed by Artefacto
Check-out PROFILEmiami's latest Construction Update with HD drone imagery from January 27, 2018
Crescent Heights Strikes Deal With The City Of Miami Beach To Build A 42-Story Tower On Alton Road
According to new reports Crescent Heights has finally struck a deal with the city of Miami Beach to redevelop the former South Shore Hospital site, the three-block lot between Alton and West Avenue from 5th to 7th streets, into a 42-story tower.
According to new reports Crescent Heights has finally struck a deal with the city of Miami Beach to redevelop the former South Shore Hospital site, the three-block lot between Alton and West Avenue from 5th to 7th streets, into a 42-story tower. The tower, which will be located on 5th Street, is designed by Arquitectonica and will feature a 13,900 SF floor-plate. Crescent Heights has agreed with the city to limit the residential unit count to 400 as well as reduce the commercial intensity by 50%. The proposal includes a single story commercial plaza on the Alton Road side of the 6th street parcel which would feature retail, cafes, etc., as well as parking. The commercial structure would buffer the park which in exchange to build a high-rise, Crescent Heights will donate a 2.5-acre street-grade park to the city. Original proposals included parking to be located under the park. The developer will also give an easement on 5th Street for the city to build a pedestrian walkway over 5th Street as well as build an extra turning lane.
The currently approved project on the site rises 5-7 stories and features 510 apartments. Mayor Dan Gelber worries about congestion due to an influx of new residences in addition to a "wall effect" that is created by the low-rise buildings. With a high-rise condos, a selection of owner-occupants will not live in Miami full-time while apartment rentals would be operating at near 100% occupancy.
The terms are still under negotiation and the plans have not yet been approved by the city. Mayor Gelber plans to ask the City Commission to pursue a development agreement and draw up a term sheet for Crescent Heights's proposal. Should the proposal be approved the timeframe of the project is expected to be 2 years.
ROVR Development Closes $27 Million Construction Loan For The Fairchild Coconut Grove
ROVR Development is pleased to announce it has closed on a $27 million loan for The Fairchild Coconut Grove, the new luxury waterfront condo development rising directly on Biscayne Bay in Coconut Grove. Ocean Bank provided the financing for the project which broke ground in April 2018.
ROVR Development is pleased to announce it has closed on a $27 million loan for The Fairchild Coconut Grove, the new luxury waterfront condo development rising directly on Biscayne Bay in Coconut Grove. Ocean Bank provided the financing for the project which broke ground in April 2018 with an event with distinguished guests that included Mayor Francis Suarez and Commissioner Ken Russell. Construction at the project is on schedule for completion in Fall 2019.
“The closing of this construction loan from Ocean Bank is a significant milestone for us and an important step towards bringing our project to fruition,” said Oscar Rodriguez, Principal of ROVR Development. “Since breaking ground in April, construction at The Fairchild Coconut Grove has been advancing on schedule.”
“Ocean Bank has a strong history of supporting South Florida development,” said Ralph Gonzalez-Jacobo, Executive Vice President and Head of Lending, Retail Banking and Branch Administration at Ocean Bank. “We have an excellent relationship with the developers and are pleased to provide financing for this exceptional project.”
The Fairchild Coconut Grove was designed by local architect Max Strang in collaboration with interior designer Rafael de Cárdenas. The project features 26 exclusive two to four bedroom residences ranging in size from 1,714 to 4,114 square feet with pricing starting around $1.4 million and ranging up to $4.5 million. Residences are expansive and feature natural stone floors; lanais with views of Biscayne Bay and verdant neighborhood landscapes; gourmet chef-inspired kitchens; spa-inspired bathrooms; spacious living areas and private outdoor showers in select units. All homes will be pre-wired with Smart technology and Crestron packages.
Amenities are designed by Rafael de Cardenas and include a holistic wellness spa with Hammam, steam room and sauna; high-tech training gym; rooftop pool with private cabanas; and exceptional lobby with full-time concierge, 24-hour security and valet. Lush landscaping complete with serenity gardens, bay walk and jungle rainforest path offer consummate outdoor experiences that include a bayside lounge; sunset deck; outdoor cinema; full-time porter; private on-site dog park; private boat slips; resident bicycles; a floating dock with resident paddleboards; and kayak storage.
One Sotheby’s International Realty is handling the exclusive sales and marketing for the property.
Check out photos of The Fairchild Coconut Grove Sales Gallery.
Check out our PROFILE Exclusive Interview with developer Oscar Rodriguez of ROVR Development.
Related Group's One Paraiso Receives TCO In Edgewater, Closings Set To Begin August 6
Related Group has received their TCO on One Paraiso as their new Paraiso District in Miami's Edgewater neighborhood continues to move fast toward full completion. The milestone comes nearly one year after topping off in June 2017. One Paraiso, the premier tower in the Paraiso District, offers 276 luxury condominium units and rises 53 floors.
Related Group has received their TCO on One Paraiso as their new Paraiso District in Miami's Edgewater neighborhood continues to move fast toward full completion. The milestone comes nearly one year after topping off in June 2017. One Paraiso, the premier tower in the Paraiso District, offers 276 luxury condominium units and rises 53 floors. Plaza Construction is the General Contractor on the Paraiso District project.
The tower was designed by Arquitectonica with interior design by world renowned, Italian based designer Piero Lissoni. One Paraiso is the most private of the 4 towers and has only six residences per floor. The tower also features 2 full floors of amenities on the 9th and 8th floors including a restaurant by award winning chef Michael Schwartz, 2 outdoor pools, Beach Club, cigar room, business center, library, wine tasting salon, theater, spa, state-of-the-art fitness center, plus a marina with private slips.
In May 2018 PROFILEmiami reported that the Paraiso District was over 97% sold-out. A number of A-list celebrities have already purchased units in the development, including David Guetta, Alex ‘A-Rod’ Rodriguez, Gael Monfils, and more. The 4-towers that make up the 11-acre Paraiso District include One Paraiso, Paraiso Bay, Gran Paraiso and Paraiso Bayviews. The buildings were designed by Arquitectonica with interiors by Piero Lissoni and landscaping by Enzo Enea. All of the buildings and the overall Paraiso community include some of the most luxurious amenities include tennis courts, screening rooms, residents' lounges, fitness center(s), bowling alley, spa, yoga room and multiple pools including a 100 ft diameter lagoon pool with "beach" entry. The property will be decorated with works of art and sculptures by Pablo Atchugarry. Paraiso will also feature the Paraiso Beach Club, which will be the home of Michael Schwartz’s new restaurant as well as plans to dedicate a half-acre of land onsite along Biscayne Bay’s for a public park.
Bentley Residences Miami hosted the Torcal’s Florida debut, pairing Bentley’s first fully electric production vehicle with a tour of its model residence and private garage.