Kushner Companies To Move Ahead With 2000 Biscayne After Filing For Construction Permit

Kushner Companies has applied for a construction permit as they gear up to move ahead with the development of their 2000 Biscayne site in Edgewater, the first site they plan to develop as part of their $550 million, 3-phase project. The proposed project for 2000 Biscayne, which was originally designed by Dorsky + Yue, is expected to cost $123.6 million with a total development area of 706,148 SF. 2000 Biscayne will rise 36-stories, 418’, and will feature 393 residential units, 5,500 SF of ground floor retail and 455 parking spaces. Kushner Companies is targeting a Q3 groundbreaking for phase 1 and the 3-phase project will ultimately bring 1,100 residential units to Edgewater.

PARAMOUNT Miami Worldcenter Receives TCO As Tower Powers Towards Completion

PARAMOUNT Miami Worldcenter has received its TCO as the $500 million, 60-story tower is powering towards completion with closings expected to commence in the coming weeks. The residential tower features 569-units which start at $885,000. The tower is 90% sold with buyers representing 56 countries. PARAMOUNT Worldcenter features more than 40 amenities including resort style pool complete with floating pods, tennis courts, soccer pitch, boxing studio, basketball court, golf simulator, state-of-the-art fitness center, Sky Observatory, Tai Chi deck, and a rooftop entertainment deck 60 stories above the Miami skyline.PARAMOUNT Miami Worldcenter is being developed by Dan Kodsi with Art Falcone and Nitin Motwani. PARAMOUNT Miami Worldcenter is the luxury residential condo tower that is part of the larger $2 billion, 30-acre Miami Worldcenter initiative that will transform Miami's urban core via world-class high-street retail concept with shopping, dining, entertainment, hospitality, office space, a Marriott Marquis Miami Worldcenter Hotel & Expo Center, apartment rentals, amongst others.

ROVR Development Gearing Up To Break Ground On Grand Station Tower In Downtown Miami This Year

ROVR Development, led by Oscar Rodriguez and Ricardo Vadia, is gearing up to break ground on Grand Station Tower at 40 NW 3rd Street in Downtown Miami after first applying for construction permits in March 2018. Grand Station will rise 31-stories, 322’, and will feature 300 apartment residences and 5,000 SF of retail. The project will also expand the Courthouse Center Garage with an additional 350 parking spaces and the tower will rise over the newly built portion. The developers have set-up Grand Station Partners and plan to launch a public-private partnership with Miami Parking Authority. The project is expected to cost $70 million to develop with Ortega Construction as the general contractor. Grand Station Partners has a 99-year land lease on the site with an option to extend an additional 50 years.

Magic City Innovation District Set To Transform Little Haiti After Receiving Final Approval

Magic City Innovation District (MCID), a 17.7-acre Innovation District in Miami’s Little Haiti and Little River neighborhoods, has received a unanimous final approval from the Miami City Commission. MCID spans 6 city blocks and intends to redevelop the Little Haiti and Little River neighborhoods to create a walkable, campus-like neighborhood where individuals from all demographic backgrounds can enjoy a high-quality live, work, play lifestyle. With an emphasis on technology, sustainability, health and wellness and art and entertainment, MCID will contribute to the economic vitality of the area and enhance the appeal of the community.

Renovations and construction commenced in August 2018 on 17 of MCID’s 21 commercial buildings. The project's first phase of commercial development features 200,000 SF of leasable space spread through several modernized warehouses. Designs for the commercial spaces, which range from 300 to 14,000 SF, are spearheaded by a variety of local design firms, including McKENZIE and ELM Architects. MCID anticipates being ready to receive office, retail and other commercial tenants as early as September 2018. Metro 1 is overseeing lleasing efforts for the 17 spaces, geared toward creative-style tenants that align and shape MCID’s atmosphere and further promote foot and auto traffic throughout the neighborhood. The developers will also contribute $31 million to the Little Haiti Revitalization Trust which will be overseen by the city

When complete, the Magic City Innovation District Will feature 3.8 acres of public civic space, 2.18 acres of landscaped pedestrian promenade dubbed the Promenade du Grand Bois, 2,630 residential units, 1,987,686 SF of office, 101,669 SF of expo space, 432 hotel rooms, 344,538 SF of retail, and 6,081 parking spaces. The first 4 tenants to commit to MCID were revealed in Sprinf 2019 including Diana Lowenstein Gallery, Manmar Entertainment (marketing), Ecovie (recycling start-up), and COOL Creative (advertising).

One Thousand Museum Residences By Zaha Hadid Announces Major Milestone As The Ultra-Luxury Tower Receives TCO

The time Miami has been waiting for has arrived. Developers Louis Birdman, Gilberto Bomeny, Gregg Covin and Kevin Venger, have announced that One Thousand Museum Residences by Zaha Hadid Architects has obtained its temporary certificate of occupancy (TCO) indicating the building is now ready for occupancy and closings can commence immediately.

“We could not be more proud of bringing Zaha Hadid’s vision to life and her legacy to Miami,” says Birdman, co-developer. “This tower represents the peak of architecture and design, and will completely surpass every expectation of our homeowners.”

The 62-story tower has already become an iconic Miami landmark, its striking exoskeleton design an identifier for Downtown and the city’s cultural nucleus. Its revolutionary design is recognized as one of the world’s most challenging architectural projects to date, the complex construction was overseen by Plaza Construction.

Residences are available for immediate occupancy, including half-floor plans starting at $5.8 million and full-floor residences to over $24 million. This summer, a curated collection of turnkey residences will come to market by international design houses of Artefacto, B&B Italia, Roche Bobois, Meridiani, Luxury Living Group and Morada Haute Furniture Design, with more turnkey units to be unveiled after the summer.

The residential experience and prestige of the tower is amplified by unrivaled amenities, including a private roof-top helipad, indoor-outdoor 1KM wellness center with gym, yoga facilities, 8 Juice Bar fueled by Raw Republic, relaxation pods and private rooms for spa services; a Sky Lounge for dining and events with seasonal menus by celebrated Chef Mame Sow, Director of Culinary; an on-premise bank vault; nearby Museum Beach a private Beach Club; access to a house car service; multimedia theater and more.

Residents will also become members of an exclusive partnership with Haute Living new Members Only App which will offer One Thousand Museum residents to exclusive access to VIP cultural, fashion, sporting and musical events in Miami and around the world. The final element rounding out the seamless, luxury lifestyle experience is the services. One Thousand Museum is the first residential project to partner with Forbes Travel Guide to set service standards for the building and train all staff in accordance with their Five-Star ratings system. The building also offers a Curator of Hospitality to anticipate homeowners’ needs on- and offsite.

The Arquitectonica-Designed Redevelopment Of Coconut Grove's Historic Pan Am Airways Base Submitted To City

Grove Bay Investment Group LLC. has submitted plans to the city for the redevelopment and restoration of Coconut Grove’s historic Pan Am Airways base. Construction on the project is already underway on the parking garage portion of the development. The Arquitectonica-design features 2 restaurants, event space, a public rooftop terrace and a baywalk. The historic hangers will be restored and preserved. The proposal is set for review by Miami’s Historic & Environmental Preservation Board on July 2.

Aston Martin Residences & Coastal Construction Set For Massive 1,400 Truck 30-Hour Concrete Pour

Construction at Aston Martin Residences is about to shift into the next gear as G&G Business Developments and Coastal Construction are set for a massive concrete pour. The 30-hour pour will require more than 1,400 concrete trucks as construction teams will pour the foundation for the highly-anticipated Aston Martin Residences in Downtown Miami.

On Friday, June 28 at 9:00 p.m., approximately 14,000 cubic yards of concrete and a team of 100+ workers will lay the foundation for the 69-story ultra-luxurious tower located at 300 Biscayne Blvd. Set to rise 818’, the luxury branded residences will be the tallest residential building south of New York upon completion in 2022.

German Coto, CEO of G&G Business Developments said: “I’m delighted with the progress in terms of the construction schedule and also sales. The feedback we’re receiving from purchasers is extremely positive, and their enthusiasm is reinforcing our decision to build quality into every stage of the process at the Aston Martin Residences.”

“We are incredibly excited for this construction milestone and to be a part of developing this extraordinary tower as the first real estate project for Aston Martin,” said Tom Murphy, Jr., chairman and CEO of Coastal Construction Group. “We look forward to bringing to life this striking building as it shapes the new skyline of Miami’s iconic downtown waterfront.”

The one-of-a-kind Aston Martin-branded tower will offer 391 lavish residences, with a variety of floorplans consisting of one to five bedrooms and penthouses ranging from 8,977-10,463 SF. The iconic tower is the first for Aston Martin and will feature 42,275 SF of sky amenities across four floors, including a double-level fitness centre overlooking the ocean, infinity pool, spinning studio, boxing gym, virtual golf room, art gallery, two cinemas, as well as a full-service spa, beauty salon and barber shop.

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." Sales are being overseen by Cervera Real Estate.

Rieber Developments Closes On $36 Million Construction Loan For Ivory 214

The Aventura-based Rieber Developments has announced that they have closed on a $36 million construction loan for Ivory 214. The loan was provided by the Miami-based BridgeInvest and was formally granted to the property’s development LLC, Shalev Development Group. Ivory 214 is already under construction after general contractor Winmar Construction, an affiliate of Coastal Construction, broke ground in March 2018 and is on schedule to complete the project in the first quarter of 2020.

When complete Ivory 21 will be a 10-story medical and professional office building with an accompanying Tapestry Collection by Hilton™ hotel. Along with its recently announced sister project, 12|12 Aventura, the projects will serve as the epicenter of the ‘Aventura Medical District.’ Ivory 214 is a Class A+, state-of-the-art facility featuring an independent hotel and medical office space. The contemporary building is comprised of 10,942 SF of retail, 38,191 SF of offices, 100 hotel rooms, and 313 parking spaces.

The significant project milestone comes on the heels of the extraordinary sales interest for the project’s office condos, which has just four office spaces remaining, from the original 34. Sales of the Ivory 214 office condos has been led by Cervera Real Estate as the exclusive broker.

“Securing the construction financing for Ivory 214 is an especially proud moment and a key step in delivering this compelling project to Aventura,” said Bernardo Rieber, principal of Rieber Developments. “Today’s closing is an endorsement of the continued strength and market appeal of Ivory 214 as we continue our forward momentum.”

Driftwood Hospitality Management will serve as the hotel operator of the Tapestry Collection by Hilton™ hotel which will feature 100 extended stay rooms complete with kitchenettes, and premium amenities including a fitness center, pool and cabanas, meeting rooms, a lounge area, restaurant and bar, rooftop terrace, valet parking, and 360-degree views of Aventura.

Located at 2820 NE 214 St, Aventura, FL 33180, Ivory 214 boasts a prime central location, less than one mile from Aventura Mall, and directly adjacent to Aventura Hospital.

Okan Tower Releases First Interior Renderings With Groundbreaking Planned For Late 2019

Turkish developer Okan Group has released the first interior renderings of the Behar Font & Partners-designed Okan Tower in Downtown Miami. The tower is expected to break ground later this year and will rise 70-stories when complete, over 890’. The project is currently 20% sold and will feature 153 condominium units, 236 condo-hotel units, 316 hotel rooms and 64,000 SF of office space, 10,000 SF of restaurant space and a selection of amenities including a rooftop pool. Okan Tower is located at 555 N. Miami Ave. is expected be completed in late 2022.

The Arquitectonica-Designed Elysee Begins To Take Shape In Edgewater As Construction Passes The Halfway Point

Edgewater’s newest luxury high-rise to grace the Miami skyline is reaching new heights. Vertical construction of Two Roads Development’s Elysee condominium, a 57-story waterfront glass tower designed by Arquitectonica rising along Biscayne Bay in Downtown Miami’s Edgewater neighborhood, has surpassed the halfway mark. The building’s general contractor, John Moriarty & Associates of Florida, has reached the skyscraper’s 35th floor, with about one full level expected to be completed every week going forward until top-off later this year in November. Delivery of the 649’-tall building is slated for 2020.

Designed by legendary architect Bernardo Fort-Brescia of Arquitectonica, Elysee’s striking three-tiered telescoping shape will grow larger as it ascends into the sky, creating a bold, multi-tiered silhouette providing direct 180-degree water and city views from every residence. The tower’s sophisticated common areas are the creation of Parisian designer Jean-Louis Deniot, one of the world’s preeminent talents in interior design, who has taken cues from Fort-Brescia’s designs to create “classical contemporary” interiors that are serene, elegant and dramatic.

“At first sight the tower feels daring and maybe even whimsical when in fact it is a monument to rationality,” said Bernardo Fort-Brescia, founding principal of Arquitectonica. “In this era of technology, Elysee’s design challenges gravity and announces the triumph of man.”

“Once complete, Elysee will be a retreat in the center of one of the most desirable parts of Miami,” said developer Reid Boren, managing partner of Two Roads Development. “Elysee’s boutique exclusivity, idyllic bayfront location, commanding views and world-class amenities will brand it as a standout property for a long time to come.”

Priced from about $1.8 million to upwards of $10 million, Elysee’s 100 half-floor and full-floor residences range from three- to six-bedroom layouts measuring between 2,200 and 5,550 SF in size. Units include floor-to-ceiling glass windows and sliding doors, private elevators and foyers, 10 to 12-foot ceiling heights, designer finishes and fixtures, premium appliances, top-of-the-line Italian cabinetry, and flow-through floorplans with 2-terraces for sunrise and sunset views. Amenities include 2 resort style pools, a health club with state-of-the-art fitness center, yoga studio, spa with sauna, steam and shower facilities and private massage rooms, exclusive entire 30th floor Owners Sky Lounge featuring a great room, a grand salon entertainment area with a full bar and piano lounge, grand dining room, wine room, chef’s kitchen, library, and Elysee Attaché, a premium concierge service that will be available to residents 24/7 for travel arrangements, dinner reservations, concert and event tickets, etc.