Gensler-Designed Wynwood Office Project 545Wyn Gears Up To Break Ground In January
The Chicago-based Sterling Bay is gearing up to break ground in Wynwood on their Gensler Architects-designed 545Wyn office project. Groundbreaking is set for January 2019. When complete, the development will be the biggest office building to launch in Wynwood rising 10-stories and bringing 298,000 SF of office space along with 26,000 SF of retail to the neighborhood.
The Chicago-based Sterling Bay is gearing up to break ground in Wynwood on their Gensler Architects-designed 545Wyn office project. Groundbreaking is set for January 2019. When complete, the development will be the biggest office building to launch in Wynwood rising 10-stories and bringing 298,000 SF of office space along with 26,000 SF of retail to the neighborhood. 545Wyn will also feature an 8,000 SF park, outdoor space on each floor and 442 parking spaces. Sterling Bay received a demolition permit in early December 2018 to demolish the existing buildings on the site which is located at 537 NW 26th Street, which is now underway.
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Ransom Everglades School Breaks Ground On Perkins+Will-Designed STEM Center
Ransom Everglades School has broken ground on their new three-story STEM Center designed by Perkins+Will. The new 45,000 SF building will feature 10 flexible classrooms, fabrication and maker labs, a rooftop outdoor lab, solar technology, a reconfigurable multi-purpose conference and a 200 person auditorium.
Ransom Everglades School has broken ground on their new three-story STEM Center designed by Perkins+Will. The new 45,000 SF building will feature 10 flexible classrooms, fabrication and maker labs, a rooftop outdoor lab, solar technology, a reconfigurable multi-purpose conference and a 200 person auditorium. As part of the construction process, Ransom Everglades moved nearly 60+ trees to a temporary tree garden which will be returned upon completion which is expected in 2020.
The Estates At Acqualina Completes Foundation Pour For South Tower With Over 1,000 Concrete Trucks
The Estates At Acqualina has completed the foundation pour for the South Tower at the $1.6 billion ultra-luxury condo tower under construction in Sunny Isles Beach. Eddie, Jules and Stephanie Trump along with the broker community, the development’s future residents and local press witnessed one of the biggest residential construction pours in South Florida led by Coastal Construction
The Estates At Acqualina has completed the foundation pour for the South Tower at the $1.6 billion ultra-luxury condo tower under construction in Sunny Isles Beach. Eddie, Jules and Stephanie Trump along with the broker community, the development’s future residents and local press witnessed one of the biggest residential construction pours in South Florida led by Coastal Construction and named the “Great Cement Event.” The pour started on Friday, December 14 at 9pm where more than 1,000 concrete trucks poured 24,000 tons of concrete and steel to lay the foundation of the development’s first tower. The pour lasted 17 hours and was completed by 200 construction workers.
Construction for The Estates at Acqualina began in May 2018 and has been moving along at record pace. The Estates at Acqualina will be home to approximately 245 ultra-luxury residences and the development will feature common areas created by fashion and design icon Karl Lagerfeld. In addition, The Estates at Acqualina will feature three single family homes and three, two-story penthouses, all with private pools within a private gated community.
The Estates at Acqualina will also feature Villa Acqualina, the development’s amenity club more than 50,000 SF of facilities including a spa and fitness center, one of a kind dining with a world renowned restaurant and Circus Maximus, a full floor of magical amenities including an ice skating rink, a Formula One simulator, a golfing simulator, bowling lanes, a movie theater, and a Wall Street Trader’s Club room where residents will have access to ticker tape, computers and a boardroom. Some features recently added include a Speakeasy, a salt room in the spa and a boxing ring in the gym. Residents of The Estates at Acqualina will also have access to the neighboring Forbes Five Star and AAA Five Diamond Acqualina Resort & Spa, TripAdvisor’s #1 Beachfront Hotel in the United States and #1 Resort in the Continental United States by U.S. News & World Report. Residents will be able to take advantage of luxurious, personalized services from the hotel including daily housekeeping, in-room dining, children’s programming, nanny and child care services, pet care, dry cleaning and laundry services, limousine service, ESPA Spa access and gourmet dining at three restaurants, Il Mulino NY, AQ Chop House by Il Mulino and the beachfront Costa Grill.
Residences at The Estates at Acqualina are priced from $4.2 million to $14 million with penthouses priced up to $35 million.
Photos via Carolina Bejarano
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The Ritz-Carlton Residences, Sunny Isles Beach Officially Tops Off Targeting Delivery In 2019
The Developers of The Ritz-Carlton Residences, Sunny Isles Beach have celebrated another major milestone as the tower has officially toped off at 52-stories and is slated to be delivered to residents in 2019.
The Developers of The Ritz-Carlton Residences, Sunny Isles Beach have celebrated another major milestone as the tower has officially toped off at 52-stories and is slated to be delivered to residents in 2019. The ultra-high-end condominium, which is comprised of 212 residences, broke ground in June of 2016. Joint developers Fortune International Group and Château Group toasted to the milestone at the top of the tower, along with general contractor, Suffolk Construction. Located on 250’ of pristine beachfront with no hotel on the premises, The Residences and its resort-like, five-star amenities and services will be managed by The Ritz-Carlton, which has been a draw for high-end buyers in the U.S. and around the world.
“Luxury buyers from across the globe have been specifically seeking this project out as their preferred alternative in Miami,” said Edgardo Defortuna, President and CEO of Fortune International Group. “Not only do they recognize the sheer significance of the name of the tower and the weight that it carries, but they see the location, architecture and level of services as the best in the marketplace.”
“What we have created here is a transformative addition to the coastline,” said Manuel Grosskopf, CEO of Château Group. “This project is one of the few standalone residences for The Ritz-Carlton brand in the world. It is therefore an honor to unveil this jewel to high-end buyers in Sunny Isles Beach.”
The signature curvilinear silhouette of The Ritz-Carlton Residences, Sunny Isles Beach was designed by Arquitectonica and the airy and sunlit interiors were designed by acclaimed Florentine architect Michele Bönan to complement the exterior, blending the spirit of modern day Miami with its rich architectural past.
The tower will have a private club level on the 33rd floor, beach restaurant, pool deck, kids club, spa, fitness center and wellness center, among other top-line amenities. All residences are delivered smart home technology-ready and will include walk-in closets, laundry rooms with full-size washers and dryers, and pre-wiring for high-speed internet access and Wi-Fi. Penthouses will feature lush garden terraces spanning 2,000 SF – 4,000 SF, private pools and summer kitchens, custom-designed Italian cabinetry, service quarters, and well-appointed master suites. Residences start at $2.6 million, with penthouses offered upwards of $25 million. Sales are being overseen by Fortune International Realty.
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Habitat Group Launches Next Phase of Smart Brickell Condo Project
Habitat Group, a full-service asset management and development company, is launching sales at the second tower of their latest project, Smart Brickell, a mixed-use retail, condo and hotel development sitting on 1.23 acres along SW 9th Street.
Habitat Group, a full-service asset management and development company, is launching sales at the second tower of their latest project, Smart Brickell, a mixed-use retail, condo and hotel development sitting on 1.23 acres along SW 9th Street.
After selling out their first tower, with 50 hotel rooms and 50 condos, Habitat Group plans to break ground on a same size 25-story building in March, said developer Santiago Vanegas. The combined sellout of the two structures is an estimated $38.5 million.
Inspired by Habitat Group’s Smart Living Philosophy, the three building complex was designed by Hernando Carrillo and Arquitectonica Interiors to integrate technology, convenient lifestyle, architecture, and flexible short-term rental options for the modern homeowner. Perfect for working professionals or seasonal residents, Smart Brickell allows owners the ability to rent their units out up to 24 times a year, or about twice a month.
“We are seeing that the rental restrictions in most condos are limiting for a lot of buyers that want to have more options,” said Alicia Cervera Lamadrid of Cervera Real Estate, the team handling condo sales. Smart Brickell is offering its condos for less than other new developments in the neighborhood, with units starting from $300,000 to $600,000 and ranging from 558 to 1,117 square-feet in living area.
Buyers also have the option to participate in a fixed, two-year annual leaseback program. Vanegas estimates about 70 percent of the buyers in the first buildings are investors and 30 percent are end users.
Other developments, like YotelPad in downtown, are beginning to offer less strict rental guidelines as well. Despite issues with illegal short-term rentals that cause disturbances to neighbors and property, Miami has seen increased demand from residents who want the independence to designate their homes as a working asset to be able to generate an alternative income stream.
Smart Brickell condos conveniently come fully furnished upon completion, which is expected by end of the year in 2020. The apartments include smart home features and Bosch appliances, and an amenity deck with a terrace, resort-style pools, a fitness center, cafe on the ground floor, rooftop lounge bar and business center.
Article by: Katya Demina
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Aston Martin Residences Locks Down $200 Million Construction Loan
G&G Business Developments has locked down a $200 million construction loan for Aston Martin Residences, now under construction in Downtown Miami. The financing is being funded by Itaú BBA International plc, a London affiliate of the Brazilian bank, and was borrowed by Riverwalk East Development LLC, an affiliate of G&G Business Developments LLC.
G&G Business Developments has locked down a $200 million construction loan for Aston Martin Residences, now under construction in Downtown Miami. The financing is being funded by Itaú BBA International plc, a London affiliate of the Brazilian bank, and was borrowed by Riverwalk East Development LLC, an affiliate of G&G Business Developments LLC. Foundation work commenced last fall after an October 2017 groundbreaking and the tower is nearing 50% sold. G&B Business Developments recently received FAA approval to erect 2 tower cranes which will rise 889’ and 851’. The loan matures in 2023 and the developer expects to deliver the building in 2021.
Located in Downtown on the Miami River, Aston Martin Residences will rise 66 stories, 816’, and features 391 units, designed by Revuelta Architecture and Bodas Mian Anger. The tower's interiors will feature signature carbon fibre reception desks in each of the tower’s two private lobbies, lighting and handmade detail based on the car, and residence doors hand-adorned door numbers from the same jewelers that place the logo on the hood of Aston Martin cars along with bespoke artisan Aston Martin door handles, and kestral tan leather door tabs. The tower's design will features floor-to-ceiling glass with no visible concrete, including glass encased support beams.
Units range from 1 to 4 bedrooms with a 19,000 SF, 6 bedroom crown-jewel penthouse on the 63-65 floors. Pricing starts at $700,000 and range up to $8,800,000 for the "River and Panoramic Residences" part of the building and $14,000,000 to $50,000,000 for the "Penthouses." Amenities include a 42,275 SF “Sky Amenity” deck from the 52nd to 55th floor which features a state-of-the-art fitness center with spin room and boxing facilities, golf simulator, multiple theaters, beauty salon, barber shop and a curated art gallery.
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The Enrique Norten-Designed 2000 Ocean Breaks Ground In Hallandale Beach
KAR Properties has officially broken ground on 2000 Ocean in Hallandale Beach, designed by Enrique Norten of TEN Arquitectos. Suffolk Construction is the contractor on the project where sales launched in November 2017 with pricing starting at $2.6 million. 2000 Ocean is expected to be delivered in 2020.
KAR Properties has officially broken ground on 2000 Ocean in Hallandale Beach, designed by Enrique Norten of TEN Arquitectos. Suffolk Construction is the contractor on the project where sales launched in November 2017 with pricing starting at $2.6 million. 2000 Ocean is expected to be delivered in 2020.
2000 Ocean will rise 40 stories, providing spectacular views of the Atlantic Ocean and Intracoastal Waterway. The boutique condo tower features 64 residences, the smallest being a 2,913 SF half floor 3 bedroom and ranging up to 5,832 SF full floor 5 bedroom penthouse residences. 2000 Ocean also features a duplex sky vill which comes complete with a private pool deck. Residences are designed by Minotti and feature expansive flow through floor plans, 10' ceilings, private elevator landings, floor-to-ceiling windows, custom kitchens by Minotti Cucine, Monterrey Marble flooring throughout including terraces, custom stone master bath with Agape floating bathtubs. Services and amenities include two swimming pools with expansive sunrise and sunset views, direct beach access with private beach, private arial and valet entrance, 24-hour valet and concierge, an oceanfront library with garden views, an oceanside lounge and juice bar, an indoor theater, entertainment room, fitness center and a freestanding spa pavilion complete with treatment rooms, Hammam (steam bath), ice room and yoga room. The lushly landscaped grounds feature curated gardens by Landscape Architect Sasaki Associates. Douglas Elliman Development Marketing is exclusively overseeing sales and marketing.
Enjoy the video overview and renderings below:
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CMC Group Drops Video Tour of A Finished Residence At Brickell Flatiron
Brickell Flatiron, which is the only remaining condo under construction in Brickell, has released a sneak peek of a finished residence showcasing the top-of-the-line materials and finishes hand-picked by developer Ugo Colombo from his native Italy. Hailing from Milan, Ugo is known for his meticulous attention to detail and ability to deliver a bespoke product, whether that means flying in Italian craftsman to lay porcelain tile or importing everything from hardwood doors, marble baths, and terracotta cabinetry from his home country. The interiors are designed by legendary Italian architect, designer and creator Massimo Iosa Ghini of Ferrari and David Bowie fame and the Miami-based Luis Revuelta is responsible for the building’s exterior. Construction crews are aiming to top off the tower in December and will open in mid-2019.
Sales at Brickell Flatiron have been strong as the tower is now 85% sold. In September, a penthouse in the tower sold for a record-breaking $13.2 million, the highest price paid for a condo in the Brickell submarket since 2007. Buyers are coming from major US cities, whereas this time last year, 70% of Brickell Flatiron’s condos were selling to Latin American buyers, whereas today 80% of sales are being inked with local and domestic buyers.
When complete, Brickell Flatiron will stand 736' and will be one of the tallest residential towers in the U.S. Units range from 1 to 5 bedrooms starting at $500,000 and ranging up to $15.5 million for penthouses. Brickell Flatiron's amenities include an 18th floor amenity deck with a resort style pool, 24-hour concierge, billiard and cigar room, wine cellar, valet, electric car charging stations and a 64th-floor rooftop that will feature a Sky Spa, Sky Pool and Sky Gym along with stunning 360 views of Biscayne Bay, Brickell, Downtown Miami, Coral Gables, etc.
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The Trump Group & Coastal Construction Announce $600 Million Construction Contract For The Estates At Acqualina
The Trump Group, led by Eddie and Jules Trump, and Coastal Construction have signed an agreement for the construction of the second tower and completion of The Estates at Acqualina, the $1.6 billion residential development in Sunny Isles Beach scheduled to open in late 2020.
The Trump Group, led by Eddie and Jules Trump, and Coastal Construction have signed an agreement for the construction of the second tower and completion of The Estates at Acqualina, the $1.6 billion residential development in Sunny Isles Beach scheduled to open in late 2020. The $600 million contract ranks as the largest ever for a condominium project in South Florida. Construction crews have been making significant progress with the foundation and site work as they prepare to go vertical.
“With strong pre-sales, commitments from our buyers and clients, and our recent $558 million construction loan announced last month, we are now building both towers and the entire residential development all at once. This assures future residents of a hassle-free move-in, particularly in light of the fact that residences at the Estates are built out to a furniture-ready standard,” said developer Jules Trump. “This is an incredible time for us and we are offering a unique lifestyle that will set it apart from the rest of the world.”
“We are absolutely thrilled to be working with the Trump Group once again after the successful completion of the Mansions at Acqualina,” said Sean Murphy, co-president of Coastal Construction. “The Estates at Acqualina is the most exciting construction project in South Florida right now.”
The Estates at Acqualina will be home to approximately 245 ultra-luxury residences and will feature common areas created by fashion and design icon Karl Lagerfeld. In addition, The Estates at Acqualina will feature three single family homes and three, two-story penthouses, all with private pools within a private gated community. Residences at The Estates at Acqualina are priced from $4.2 to $14 million with penthouses priced up to $35 million.
The Estates at Acqualina will feature the 50,000+ SF amenity center Villa Acqualina. Amenities will include a spa with salt room, fitness center with boxing ring, one of a kind dining with a world renowned restaurant and Circus Maximus, an ice skating rink, a Formula One simulator, a golfing simulator, bowling lanes, a movie theater, a speakeasy, and a Wall Street Trader’s Club room where residents will have access to ticker tape, computers and a boardroom. Residents of The Estates at Acqualina will have access to the neighboring Forbes Five Star and AAA Five Diamond Acqualina Resort & Spa, TripAdvisor’s #1 Beachfront Hotel in the United States and #1 Resort in the Continental United States by U.S. News & World Report.
Check out the drone construction flyover and photo construction update below:
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Check Out The Newly Completed Park Grove By Terra & Related Group In Park Grove
Park Grove, a 3-building joint venture between Terra Group and Related Group, has celebrated the grand opening of Two and Three Park Grove as One Park Grove pushes skyward. The Park Grove project is transforming the Coconut Grove skyline with architecture by Pritzker Prize winning architects OMA/ Rem Koolhaas.
Park Grove, a 3-building joint venture between Terra Group and Related Group, has celebrated the grand opening of Two Park Grove and Club Residences as One Park Grove pushes skyward. The Park Grove project is transforming the Coconut Grove skyline with architecture by Pritzker Prize winning architects OMA/ Rem Koolhaas. The towers feature exterior column exoskeleton design as opposed to interior columns, allowing sweeping glass wall views of Biscayne Bay directly out to the Atlantic Ocean. The building’s interiors are designed by Meyer Davis with kitchens and baths by William Sofield. Park Grove’s 3 towers are built around a 5-acre park-style initiative, the lush amenity deck featuring a sculpture park, amphitheater and 5-acres of private, serene, lush landscaping for residents to enjoy, designed by Enzo Enea. Park Grove will also features a new restaurant concept by Miami restauranteur Michael Schwartz, which he said will feature a wood-fire grill and is designed by Meyer Davis.
Photos by Robin Hill Photography
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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.