TSG Group & Lineaire Group Reveal Wynwood Haus Designed by Corwil Architects

TSG Group and Lineaire Group have revealed plans for Wynwood Haus, a 20-story residential project designed by Corwil Architects. Wynwood Haus will be a residential apartment rental building offering 224 residential units. 42 of the residential units will be micro units, just under 400 SF. Wynwood Haus will be located in an Opportunity Zone on the 1700 Block of North Miami Avenue in Miami’s Arts & Entertainment District, nearby Filling Station Lofts and CANVAS. Wynwood Haus will also feature 5,204 SF of ground floor retail and 222 parking spaces. The plans were recently submitted to Miami’s Urban Development Review Board and are expected to be reviewed this month.

Event Announcement: People to Watch Leaders in South Florida Real Estate

PROFILEmiami, South Florida’s leading real estate news and events platform, is pleased to present People To Watch: Leaders in South Florida Real Estate for a night of networking, drinks and panel discussions with South Florida’s up-and-coming generation of real estate luminaries.

Commercial real estate is demanding, determined by a variety of external factors, and is a relationship-oriented business, so join us to learn firsthand from South Florida’s real estate leaders about how they are shaping the industry, what innovative strategies they’re employing and how they got to where they are today. We hope to engage, inspire and connect the next generation of real estate leaders. Lock in early bird pricing and get your tickets today!

Panelists:

Ryan Shear, Managing Partner, PMG

Peggy Olin, CEO, One World Properties

Joe Furst, Principal, Place Projects

Moderator: Philip C. Rosen, Shareholder, Becker

We will be exploring topics such as:

• What new projects are emerging real estate leaders working on? ( Exclusive Special Announcement from one of our Panelists)

• How did they get to where they are and what was their first significant project?

• What industry trends or concerns are top of mind today?

• How will the South Florida CRE landscape change over the next cycle?

• What is the best way to position yourself for success?

• Plus time for Q&A from the audience

Event Page: http://profilemiamire.com/profilemiami-presents-people-to-watch-leaders-in-south-florida-real-estate-x-miami

Date: Thursday, March 5th | 7-9:30pm

Location: X Miami, common area upstairs

About PROFILEmiami:

PROFILEmiami, a subsidiary of PROFILEmedia, was launched in 2016 to be your one stop destination for South Florida real estate news, events and content. We provide original coverage of the residential, commercial, development, construction, design and brokerage worlds, with a focus on the latest new developments, market trends, local happenings and events, and luxury homes.

In addition to the online publication, PROFILEmiami also hosts industry events, bringing together the top real estate professionals in South Florida to engage, connect and educate our readers. We curate an all-star lineup of panelists, in addition to providing turn-key event production and execution, concept development and vendor securement for our partners. At PROFILEmiami we collaborate with some of the most influential players in the South Florida real estate industry to keep you on the market’s cutting edge.

PROFILEmiamire.com

@profilemiami

Monaco Yacht Club & Residences By Optimum Development USA Announces Groundbreaking

Monaco Yacht Club & Residences, an enclave of 39 luxurious waterfront residences with a private marina, has announced that it will be breaking ground imminently. Optimum Development USA, Moss, the appointed general contractor of the condominium, and Fortune Development Sales will host a groundbreaking event this week to commemorate the start of construction on the site, which is located at 6800 Indian Creek Drive. 

The 12-story boutique condominium is slated for completion in early 2021 and is on one of the last remaining waterfront properties in Miami Beach’s MiMo District. “The initial success of the sales process is a true testament to the demand buyers have for the pursuit of pleasure combined with the intimacy of a full-service boutique building,” said Ricardo Tabet, CEO of Optimum Development USA. “Featuring the extraordinary talents of Piero Lissoni and Bernardo Fort-Brescia of Arquitectonica, Monaco Yacht Club & Residences introduces a new dimension in urban, waterfront living in one of the world’s leading destinations for elegant and sophisticated design.”

Monaco Yacht Club & Residences will include one to four bedroom residences, ranging in size from 918 to nearly 5,000 square feet. A limited collection of two penthouses will offer expansive living areas, including private terraces with summer kitchens, starting at 2,888 square feet. Primed for indoor-outdoor living and entertaining, the homes will feature wraparound terraces – each with finished floors and ceilings and sweeping views of Biscayne Bay, the Atlantic Ocean and the Miami skyline – as well as contemporary Italian kitchens by Boffi.  

Additional highlights within the residences will include stone countertops, 10-11-foot high ceilings throughout, walk-in closets, private elevator entrances, and premium bathroom interiors featuring imported Italian marble flooring, spacious tubs and frameless, glass-enclosed rainfall showers with designer faucets. The building will be pre-wired for Home Automation systems to accommodate the latest smart technology.  

Offering the best of a yachtsman’s lifestyle, Monaco Yacht Club & Residences will feature a 12 slip marina available exclusively to residents, as well as a yachting concierge for maintenance needs, yacht charters or sailing, and fishing excursions. Other waterfront amenities include paddle boarding, kayaking and more. The resident’s lounge will include a library and breakfast bar for leisurely waterfront dining.

Monaco Yacht Club & Residences are priced from $1.1 million. 

By Katya Demina

For more sales information please fill out the form below.

Australia’s Plenary Group Submits Plans For Miami-Dade CivilCourthouse in Downtown Miami

Plenary Group, a Melbourne, Australian real estate development firm who was awarded the contract to build the new Miami-Dade Civil Courthouse in Downtown Miami, has submitted plans to the FAA for review. The proposal calls for a 435’ tower rising 23-stories and the developer plans to break ground by this May, 2020. In 2019 The Plenary Group was awarded a $267 million contract to design, build and operate Miami-Dade’s Civil Courthouse at 73 West Flagler Street on county owned land, replacing the 1928-era courthouse that was also the location of the infamous Al Capone trial. The courthouse will feature 46 courtrooms and 59 parking spaces.

Miami-Dade County has called the partnership between Miami-Dade County and the Plenary Group to be the first public-private partnership by the County. Plenary Group will use private funds and will both built and operate the facility with a 30-year contract which could be valued at nearly $27 million per year. The annual payments are performance based and Plenary Group must hit hurdles for operational and maintenance standards. Plenary Group will not start receiving payments until the courthouse is open and operational. HOK is the architect for the project and Tutor Perini is the contractor. Completion is expected in 2024.

Residences by Armani/Casa Pays Off $315 Million Construction Loan

Developers The Related Group and Dezer Development announced today the payoff of a $315 million construction loan to Wells Fargo for Residences by Armani/Casa. The 308-unit tower located on the sands of Sunny Isles Beach celebrates the legendary vision of interior design firm Armani/Casa, led by the famed Giorgio Armani; architecture firm Pelli Clarke Pelli, founded by the late César Pelli; and Swiss landscape architecture firm Enzo Enea. 

This milestone comes weeks after the tower received its temporary certificate of occupancy (TCO), signaling imminent move-ins for buyers. With $800 million in contracts expected to close quickly, the building is well on its way to a planned $1 billion sellout.  

“Paying off this loan so quickly is testament to the caliber of industry leaders this tower unites, from my partner on the project, Related, to the design icons who curated every inch of the building,” said Gil Dezer, President of Dezer Development. “Since TCO, we’ve seen multiple closings per day and could not be prouder to deliver a tower that exceeds all expectations.” 

“This building is a love letter to South Florida from Giorgio Armani and Cesar Pelli, and now stands as a landmark for design as striking as it is thoughtful,” Jon Paul Perez, Executive Vice President at The Related Group. “Alongside Dezer, we couldn’t be more thrilled to bring this tower to life, and it’s clear our excitement is mirrored by those who will call it home.”

The residences feature floor-to-ceiling windows framing the Atlantic Ocean, expansive terraces with glass railings and summer kitchens and kitchens with premium Armani Dada-designed cabinetry and Sub-Zero and Wolf appliances. The master suites feature Armani Dada designed midnight bar with marble countertop and sink, and in the master bath Armani Roca design sink, tub & plumbing fixtures. 

The common spaces are a representation of sophisticated living, through the lens of Giorgio Armani. With over 35,000 SF of amenities across two floors, all exquisitely designed and furnished by Armani/Casa. This is apparent upon arrival to the lobby level, which features a residents-only version Armani/Privé, the famed lounge club with flags in Milan and Dubai. Rich textiles, a palette of softly dramatic tones, and sensual textures creates an atmosphere of refined elegance that continues through the rest of the spaces including the private bar and restaurant adjacent to Armani/Privé, club-inspired game room with billiards, state-of-the-art fitness center with yoga and Pilates, two-story revitalization spa with indoor and outdoor treatment rooms, dedicated children’s room, old Hollywood-inspired movie theatre, private cigar room and temperature-controlled wine cellar. Outdoors, a landscaped terrace serves as the property’s backyard with benefits like an infinity-edge heated pool and hot tub, private oceanfront restaurant and bar offering in-residence deliveries and oceanfront cabanas set within 300-feet of private beachfront. 

Residences are available for immediate occupancy, ranging from 1,800 SF to 6,000 SF and priced from $2.9 to $17 million. This is inclusive of the crown jewel listings, a 5,968 SF north facing penthouse and 5,375 square foot south facing penthouse priced at $17 million and $14 million, respectively. Both feature five-bedrooms, six-and-a-half bathrooms and rooftop terrace space with a private pool.

For more information about Residences by Armani/Casa, private showings or purchasing/ leasing information please fill out the form below:

Sterling Bay’s 545wyn Tops Off and Celebrates Retail Leasing Launch

545wyn, Wynwood’s first true Class-A office space, led by Chicago-based real estate investment and development firm Sterling Bay, recently celebrated its topping off and retail leasing launch. The 10-story, 325,000-square-foot mixed-use development broke ground in December 2018 and is expected to deliver in late 2020. It presents an exciting opportunity to future office and retail tenants, thanks to top-of-the-line amenities and thoughtful design elements, says Michael Lirtzman, Sterling Bay’s director of leasing. In addition to Sterling Bay, a leader in urban campus headquarters, the local team consists of Place Project’s Joe Furst and Gridline Property’s Alfredo Riascos.

The team has emphasized the importance of carefully curating the retail tenancy and their on-the-ground experience in the neighborhood. “Based on my deep commitment and development history in Wynwood, I want to bring the best possible solutions for its evolution and successful growth as a premier destination to live, work and play,” says Furst, who was previously the managing director of Goldman Properties. 

The development features a private, 4,700-square-foot interior wellness center complete with spinning and yoga and is also complemented by a 17,000-square-foot activated roof deck with full kitchen and bar services. Sterling Bay has also committed to reserving the west façade of the office tower as a canvas with plans to commission murals by local community artists to maintain respect for the neighborhood’s roots and character as a hub for creative expression. 

On the ground floor, 545wyn features 26,000 square feet of retail intended to house three marquee tenants with a heavy emphasis on food, beverage, entertainment and lifestyle services. A major highlight includes a paseo park linking 26th and 27th Streets, spilling into a courtyard that connects the property to neighboring buildings. In addition to retail, approximately 270,000 square feet of flexible, modern office space on highly sought-after large floor plates with floor-to-ceiling windows provides future office tenants with the ultimate modern office experience.

Written By: Stephanie Warren

Vertical Construction Underway At ROVR Development's Grand Station In Downtown Miami

Construction teams have passed the 6th floor of vertical construction at Grand Station Partners’ Grand Station apartment tower, located at 40 Northwest 3rd Street in Downtown Miami, also known as Parcel B. Grand Station Partners is a public-private development partnership led by ROVR Development and its principals Oscar Rodriguez and Ricardo Vadia. When complete Grand Station will rise 30-stories, 322’, and offer 300 rental units within walking distance of MiamiCentral Station, Virgin Trains (Brightline) and Metromover. Units will range in size from 463 SF to 957 SF and will come in studio, 1-bedroom and 2-bedroom floorplans. Grand Station will also offer 350 parking spaces and 5,000 SF of retail space. Amenities will include a pool deck with spa, fitness center, social area and rooftop deck. The building was designed by Zyscovich Architects and Ortega is the general contractor. The construction costs of the project are estimated to be roughly $50 million. Grand Station is expected to be completed in the Spring of 2021. ​​​​​​​

13th Floor Investments & Tricera Capital Go Vertical On The Boulevard In Mimo

13th Floor Investments and Tricera Capital have commenced vertical construction on The Boulevard. The apartment rental building will offer 283 apartment units, 35,855 SF of restaurant space, 13,485 SF of retail space and 517 parking spots. The Boulevard was designed by Corwil architects with Civic Construction as the general contractor. Rents are expected to average $2,200 per month. The development partnership got the green light to commence on the project in February 2018 and the developers locked down a $63.8 million construction loan in December 2019. The Boulevard is located at 5700 Biscayne Blvd., just north of Miami Design District in MiMo, adjacent to the local hotspot pizza place Andiamo. The lot had seen several projects proposed for the site yet were never built. The 2.2 acre vacant land changed ownership several times including 13th Floor Investments and Tricera Capital’s acquisition for $19.5 million in June 2017 from Unitas Development Group.

Triple Five Worldwide To Break Ground On American Dream Miami In 2021

Following the grand opening of American Dream Meadowlands in Fall 2019 in New Jersey, Triple Five Worldwide is planning to break ground on American Dream Miami in 2021. The mall, which has long been in the works, would be the biggest mall in the United States. American Dream Miami is expected to span over 5 million SF and will feature a retail component with an entertainment component consisting of a theme park, indoor ski complex, ice skating complex, aquarium and a submarine lake. The mall would cost between $4.5 billion to $5 billion with completion expected in 2025.

Triple Five Worldwide is now finalizing a design and will conduct an environmental study in Spring 2020 for a highway interchange between the Ronald Raegan Turnpike, I-75 and NW 170th St. in unincorporated northwest Miami-Dade County, just west of Miami Gardens and Miami Lakes. The Miami-Dade City Commission approved zoning changes in May 2018 required to make the project possible. American Dream Miami will also require a $15 million sewer extension. Triple Five Worldwide plans to submit a final design by the end of 2020.

Dave Grutman's Groot Hospitality Files Plans To Bring Restaurant To Edgewater At The Historic Miami Women's Club

Dave Grutman, the founder of LIV Nightclub at Fontainebleau Miami Beach and Groot Hospitality, the brand behind the swanky Komodo, Papi Steak and Swan restaurants, has filed plans to bring a new restaurant to Edgewater at the historic Miami Woman’s Club. The Miami Woman’s Club was first built in 1930 and is being restored with approvals from Miami’s Historic Preservation Board. Groot Hospitality pulled a construction permit which was filed in August to build out the 14,838 SF restaurant. The restaurant will make use of renovating 11,396 SF as well as a 3,442 SF addition via a $6.5 million mortgage issued by Firstbank Puerto Rico. The renovation will include a rooftop lounge and a waterfront dining deck on Biscayne Bay. No restaurant concept has been publicly announced as of yet.