Related Group Completes Largest Concrete Pour In Its 45-Year History at Baccarat Residences

Leading real estate developer Related Group (Related) and GTIS Partners, marked a major development milestone this weekend with the foundation pour of the highly anticipated Baccarat Residences Miami. Requiring over 10,000 cubic yards of concrete and 1,500 tons of reinforcing steel, the pour is confirmed to break all prior records set by the prolific development firms, for what is set to be the legendary french crystal brand’s only stand-alone residential tower, managed by hospitality titan SH Hotels & Resorts. The highly anticipated luxury tower is over 95% sold ahead over its 2028 completion.

The historic concrete pour by Ceco Concrete Construction, which spanned 30 hours, started at 8pm Friday night and continued uninterrupted until 2am Sunday morning, masterfully overseen by the general contractor John Moriarty & Associates of Florida (JMA) with support from Florida Concrete Unlimited, Titan America, Gancedo Lumber, B&J Consulting Engineers and NV5.

“It’s not every day you see a foundation pour of this scale and magnitude. It was truly a once-or-twice-in-a-lifetime event,” said Nicholas Perez, President of Related’s Condominium Division. “We are incredibly grateful to JMA, our subcontractors and engineers for their participation in this monumental undertaking, which required a tremendous amount of coordination and planning.”

Located on one of the last waterfront parcels along Brickell Avenue, where the Miami River meets Biscayne Bay, the 75-story tower is crafted by the world’s preeminent design talents, with architecture by international firm Arquitectónica, interiors by the NYC based Meyer Davis Studio and landscape design by swiss architect Enzo Enea.

The sister property to the record-breaking Baccarat Hotel & Residences NYC, the Brickell tower is made up of 355 residences, including just eight exclusive penthouses. The property, which has enjoyed record sales success, is now 95% sold, with selected premium residences remaining for sale. Fortune International Realty is the exclusive sales agency for Baccarat Residences Miami.

Residents will enjoy over 75,000 SF of luxurious five-star amenities throughout five levels of the tower that will be cohesive in essence but unique in design elements — including exquisitely appointed social spaces, a state-of-the-art health and fitness center, La Mer spa facilities, a private marina for residents’ yachts and a curated collection on museum-quality art — all expertly managed by SH Hotels & Resorts.

For more information about The Residences at Baccarat Residences or to inquire about purchasing a unit please fill out the form below:

Moss Set To Lead Construction At One Thousand Group, Terra and Major Food Group's Villa Miami

Moss Construction will oversee construction of Villa Miami, a groundbreaking luxury waterfront development in Miami's Edgewater neighborhood. Set to break ground in the summer of 2024, Villa marks the first-ever collaboration between Major Food Group, David Martin’s Terra and One Thousand Group. Situated at 710 NE 29 St., Villa Miami will stand as a 56-story, 650-foot-tall architectural marvel. Envisioned by ODP Architects under the leadership of rising star Kurt Dannwolf, its distinctive copper color-cladded exoskeletal design is set to make Villa Miami an iconic tower on Miami’s Edgewater skyline.

“We’re thrilled to work with Moss Construction on another landmark project,” said David Martin, CEO of Terra. “Villa Miami meets the demand for a luxury condominium tower with full and half-floor vertical residences in a boutique environment. Terra has a proven history of enriching neighborhoods across South Florida and Villa will do the same for Edgewater.”

“Villa Miami is an elegantly stunning concept, and Moss is thrilled to be part of the Terra team once again. We eagerly anticipate the groundbreaking and the realization of this unparalleled residential experience which will change Miami’s skyline,” said Ed Baro, Executive Vice President of Moss.

The project’s interior design is led by Vicky Charles of Charles & Co., known for her work as former design director at Soho House and for commissions for the likes of Sony Music, Goop, George and Amal Clooney, Ashton Kutcher and Mila Kunis as well as David and Victoria Beckham.

Renowned landscape architect Enzo Enea is at the forefront of Villa Miami's green design, incorporating native plants seamlessly into the surrounding landscape. Moss Construction, under the guidance of Brett Atkinson, brings its wealth of experience, particularly in luxury high-rise developments, having successfully collaborated with David Martin’s Terra on recent projects like the topped-out Five Park Miami Beach set to deliver this year. Global structural design firm DeSimone—whose more than 10,000 building designs include the most recognizable high-rises in New York and Miami—will engineer the impressive structure.

Villa Miami will offer 72 exclusive full and half-floor residences, epitomizing vertical estate-style living with 360-degree water views. Residents will enjoy a plethora of amenities including Major Domo estate manager service, a rooftop helipad, poolside service, spa and wellness facilities, access to a branded beach club, and a fully serviced elevated pool deck. Additionally, the tower will boast an on-site MFG restaurant with private lounge spaces, offering residents preferred reservations, provisioning and access to at-home MFG chef services. Douglas Elliman is the exclusive sales and marketing partner for the project.

Renderings via Binyan Studios

For more information about Villa Miami Residences or to inquire about purchasing a unit please fill out the form below:

The Horizon Group Breaks Ground on 9900 West in Bay Harbor Islands

The Horizon Group, a prominent real estate developer with a significant portfolio in the New York City area, has commenced construction on 9900 West, a luxury residential project on South Florida’s Bay Harbor Islands. This boutique condominium development blends the allure of single-family home intimacy with the conveniences of elevated island life.

David Marom of The Horizon Group, highlighted the project's enduring appeal: "Our philosophy has always been to deliver projects that will stand the test of time, and we are proud to bring a property of this caliber to South Florida. The attention to detail in every aspect of 9900 West aims to redefine luxury living on Bay Harbor Islands."

Located at 9900 West Bay Harbor Drive along the Indian Creek waterway, 9900 West is a seven-story condominium desgined by award-winning Frankel Benayoun Architects. With only 23 residences, including four penthouses, the boutique building promises exclusivity and privacy.

The residences, which range from 1,202 to 3,206 square feet with prices ranging from $1.55 million to $5.5 million, offer seamless indoor-outdoor transitions with floor-to-ceiling windows and glass-encased terraces. Interiors, crafted by Craft Studio, feature European-style kitchens equipped with Miele appliances, Quartz countertops, and wine refrigerators, while primary suites have spacious walk-in closets and spa-inspired bathrooms.

9900 West integrates over 5,000 square feet of tropical gardens and serene water features, courtesy of Geomantic Designs. The rooftop, spanning 9,000 square feet, includes a Finnish overflow saltwater pool and spa, trellis-covered lounge areas, and views of the private ten-slip marina with access to Biscayne Bay and the Atlantic Ocean.

Residents will have access to a suite of personalized services, including an attended lobby and concierge, dockside pick-up and drop-off, a private entertainment suite with dining and catering facilities, a state-of-the-art fitness center and spa, and a custom wellness package. Additional amenities include a children’s playroom, dog grooming room and beach club membership.

“Bay Harbor Islands has always been a remarkable residential enclave naturally offering so many of the key elements that sophisticated residential buyers seek, it’s no surprise that 9900 West has experienced incredible demand as it continues to elevate the residential offerings on the island” said Jay Phillip Parker, CEO of Brokerage, Florida Region and President of Douglas Elliman Development Marketing, Florida.

The project is slated for completion in 2026. The 9900 West sales gallery is currently open at 1111 Kane Concourse, Suite 303, Bay Harbor Islands, managed exclusively by Douglas Elliman Development Marketing.

For more information about 9900 West or to inquire about purchasing a unit please fill out the form below:

TORTOISE ONE A NEW MIXED-USE PROJECT IN WEST PALM BEACH ANNOUNCES COMPLETION

West Palm Beach, renowned for its vibrant culture and coastal charm, is welcoming a new addition to its skyline with the completion of Tortoise One, a luxury mixed-use, multifamily development. Developed by Tortoise Properties, known for its expertise in creating exceptional real estate assets in South Florida, Tortoise One is set to redefine upscale living in the heart of the city.

Strategically located at 740 N Dixie Highway in the downtown corridor, Tortoise One comprises two eight-story towers housing a total of 264 residences. The development offers a range of living options, from studios to spacious one and two-bedroom apartments, designed to cater to the diverse needs of modern renters, including young professionals, families, and entrepreneurs.

Jake Geleerd, co-founder and CEO of Tortoise Properties, expressed his excitement about the project, stating, "Tortoise One embodies our commitment to innovative design and elevated experiences. We are thrilled to introduce this exceptional endeavor, which sets a new standard for luxury living in West Palm Beach."

Designed by MSA Architects with interiors by Builders Design and constructed by Verdex, each apartment at Tortoise One exudes refined elegance. Features include private balconies with sweeping views, wood-style flooring, floor-to-ceiling windows, and high-end kitchens with custom tile backsplash and stainless-steel appliances. Residents also benefit from amenities such as in-unit washer and dryer, smart thermostats, and keyless entry for added convenience and security.

The amenity program at Tortoise One is designed to cater to residents' diverse interests and lifestyles. From social clubrooms and fitness centers to rooftop pickleball courts and resort-style swimming pools, there's something for everyone. The development also features private workspaces, a pet washing area, and electric car charging stations, promoting sustainability and convenience.

Situated just minutes from Palm Beach Island, Tortoise One offers residents easy access to a plethora of dining, shopping, and entertainment options in downtown West Palm Beach. With transportation services like the Circuit connecting the property to the city, residents can explore with ease.

Crown Residential is managing the leasing of apartments at Tortoise One, while retail leasing is being led by Tortoise Realty Group.

Aston Martin Residences Receives TCO In Downtown Miami

Aston Martin Residences, a luxury condo tower in the heart of downtown Miami developed by G&G Business Developments with construction overseen by Coastal Construction, has received its Temporary Certificate of Occupancy (TCO) on April 18. Aston Martin Residences spans 1.8 million square feet, towering 821 feet, 70 stories, above the Miami River waterfront. The architect of record for Aston Martin Residences is Revuelta Architecture International, while Bodas Miani Anger (BMA) served as the design architect. Additionally, structural engineering was provided by DeSimone Consulting Engineering.

Comprising 393 units, Aston Martin Residences offers spacious floor plans ranging from one to five bedrooms. The development includes seven penthouses and 38 signature residences, each offering buyers the option to select either a limited edition DBX or a DB11 from Aston Martin’s lineup. The three-story penthouse also features the prestigious final Aston Martin Vulcan as part of its offering.

While the completion of Aston Martin Residences draws near, it promises a lifestyle of comfort and convenience, offering residents access to top-tier amenities, such as a state-of-the-art fitness center, infinity pool, art gallery, two cinemas, and a full-service spa.

"We are grateful to have worked with G&G Business Developments and to have been a part of bringing this iconic and highly anticipated building to the city of Miami," said Thomas P. Murphy, CEO and founder of Coastal Construction. "Coastal is honored to bring another branded residence to life. This building will be a landmark for years to come, and that is something to be proud of."

Royal Palm Companies Secure $86 Million Financing for Tuscany Village

In a significant stride towards expanding quality residential options in Orlando, Royal Palm Companies led by Dan Kodsi and the Mattoni Group proudly announce the securing of an $86 million construction financing loan and the launch of Tuscany Village, a sprawling 420-unit multifamily complex set to enhance the Sanford area.

Strategically located at the southwest corner of State Road 46 and Upsala Road, Tuscany Village is poised to become a cornerstone community within Sanford, spanning 21 acres with seven four-story buildings. With construction slated to commence in the coming weeks and phased completion expected by 2026, the project is primed to transform the local residential landscape.

The acquisition of the development site at 4201 West First Street in June for $12.7 million laid the foundation for this ambitious venture. Financing for Tuscany Village has been secured through a partnership with City National Bank and Abanca USA, contributing $68 million in loans, and Origin Investments, providing $18 million in preferred equity. Notably, these financial arrangements feature floating interest rates without a rate cap, reflecting confidence in the project despite current economic uncertainties.

Royal Palm Companies, renowned for its innovative approach to real estate development since its inception in 1978, boasts a portfolio of $4.7 billion in developed, repositioned, and under-construction projects, including over 9,500 completed residential units. The collaboration with the Mattoni Group underscores the significance of Tuscany Village, leveraging their combined expertise to ensure the delivery of a top-tier residential community.

Despite challenges such as elevated interest rates, insurance premiums, and regional specifics like high concrete costs in South Florida, the decision to proceed with Tuscany Village reflects the unwavering commitment of Royal Palm and Mattoni Group to innovation, quality, and meeting the evolving needs of Florida's residents.

More than just a development project, Tuscany Village represents a future home for hundreds of families and individuals, meticulously designed to foster a vibrant and connected community. Royal Palm Companies and Mattoni Group are dedicated to bringing this vision to life, positively impacting the Sanford region and the broader Florida housing market.

Okan Tower Set For Massive 1,200 Truck Concrete Foundation Pour Friday

Paving the way for a new landmark on the Downtown Miami skyline, a crew of 300 workers across three shifts with the help of 1,200 concrete trucks, will pour the foundation for Okan Tower, the highly-anticipated development set to be one of Downtown Miami’s next major mixed-use megaplex and will feature the Hilton Miami Bayfront Hotel. Rising 902 feet in the air, Okan Tower will be one of Miami’s tallest towers when it debuts in 2027, and its unique architecture is poised to be a defining element for the city.

On Friday, March 29 at 9:00 pm, general contractor Jacob Companies joint ventured with Okan Construction, will orchestrate the continuous pour staged over 36 hours at 555 North Miami Avenue.

"This marks a significant milestone for the Okan Tower team, and we are filled with pride and excitement as our vision for Miami's skyline transforms into a reality," says international property magnate and developer of Okan Tower, Bekir Okan, Chairman of Okan Group. “Okan Tower represents the vibrant and dynamic future that awaits Downtown and we look forward to this exciting next phase of the construction process as we go vertical.”

Located in the epicenter of Miami’s urban core, Okan Tower is situated on a prime downtown site at the crossroads of culture, entertainment, art, fine dining, Miami's waterfront and most celebrated cultural and entertainment landmarks. Okan Tower will be a monument of the future as Downtown Miami has been reinvigorated by the allure of an ultimate live-work-play destination.

The 70-story mixed-use project will feature 163 Sky Residences, 236 Short-Term Rental Residences powered by Hilton Hotels & Resorts, and a Hilton Miami Bayfront Hotel along with 64,000 square feet of ‘Class A’ office space.

Approximately 12,000 cubic yards of concrete weighing 20,226,600 pounds will be poured into the massive, excavated hole for the foundation measuring 234 feet x 140 feet and 14 feet deep. Additionally, subcontractor Moore Group will place 2,300 tons (5,070,632 pounds) of high strength reinforcing steel in the foundation with Cemex supplying the concrete from several ready-mix plants located in Miami.

Uniting a diverse collection of mixed-use elements in one vertical destination, Okan Tower was designed by internationally renowned architecture firm Behar Font & Partners who’ve given it a striking curvature façade inspired by the Turkish national flower, the tulip. Sales and marketing are exclusively overseen by Fortune Development Sales.

Okan Tower marks the first U.S. development for Okan Group, but is just the latest masterpiece in their extensive portfolio of renowned mixed-use projects that has earned the firm a global and deep-rooted reputation in the construction, banking, textile, production and tourism industries, among others.

Renderings via Okan Tower

Construction Passes Halfway Point of CMC Group's Vita at Grove Isle in Coconut Grove

Ugo Colombo’s CMC Group has surpassed the halfway point of construction at Vita at Grove Isle, a seven-story boutique luxury condominium taking shape on Grove Isle, a private 20-acre island just offshore of Miami’s Coconut Grove neighborhood. The waterfront development, located at 5 Grove Isle Drive, is comprised of three artfully interlinked buildings, now rising one tower at a time to form one unified structure. All three buildings are expected to top-off construction by this summer. Vita at Grove Isle, which broke ground in April 2023, is slated for delivery in late 2025.

At the beginning of this year, the firm secured a $239 million construction loan from Bank OZK to fund the ongoing development of the condominium.

Vita at Grove Isle will include 65 luxury residences with three-, four-, and four-plus-den-bedroom layouts, including a collection of twelve exclusive penthouses boasting private rooftop pools measuring up to 6,600 square feet in size. Residences start at $6 million, with penthouses priced from $19.5 million.

“Vita at Grove Isle will be the cornerstone of Grove Isle’s renaissance, bringing back the spirit of its glory days while ushing in a new era of luxury that the island has yet to see,” said Ugo Colombo, Founder of CMC Group. “Once complete, Vita will be a haven for residents and its island neighbors who seek a waterfront escape, complete with a Michelin-quality restaurant and clubhouse that’s just minutes from a walkable, family-friendly neighborhood with endless live-work-play options.”

For the design of Vita at Grove Isle, Ugo Colombo has partnered with global architecture and design firm CallisonRTKL, local architectural firm S & E Architects, and Italian designers Carlo and Paolo Colombo of A++ Architecture to create one-of-a-kind interior and amenity spaces. Composed to showcase a single architectural structure, the three Italian-named buildings – Mare, Luce and Sole – will offer a boutique living experience enveloped by lush, native landscaping. The building’s design mirrors its unique Grove Isle location, inspired by the natural contours of the island in its elegant, curved shape while maximizing views of the sparkling Biscayne Bay.

Resident amenities at Vita at Grove Isle will include a private bayfront pool, poolside bar and lounge, a state-of-the-art fitness center and spa, a children’s playground, and a membership to the “Vita at Grove Isle Club,” which will offer a Club pool and adjacent bar, and additional amenities including night-lit tennis, padel ball and pickleball courts. Residents and their guests will also have access to a gourmet restaurant and bar serving lunch, dinner, and cocktails, which will also be open to the public, as well as access to the island’s private marina.

Every residence will include private elevators with a private foyer; contemporary Italian-designed open-concept kitchens with concealed top-of-the-line appliances; elegant bathrooms with custom Italian cabinetry, European designer fixtures, hand-selected book matched marble, and masterfully crafted Italian stonework; at least 10-foot-high ceilings; pre-installed smart home technology including lighting, climate control and water/air filtration systems; high-performance interior wall soundproofing for ultimate relaxation and privacy; and large 13-foot-deep waterfront terraces – and up to 6,000 square feet of private rooftop space in penthouses – allowing for year-round outdoor dining, lounging and entertaining.

Grove Isle is one of the most exclusive residential locations in Miami. Spanning 20 acres, the gated private island in Coconut Grove is just minutes away from mainland Miami via the scenic Grove Isle Drive bridge. The secluded community is highly prized by residents as a peaceful haven with panoramic bay views. The island is minutes away from Miami’s best shopping, most elite schools, chef-driven restaurants, and entertainment destinations in areas such as Brickell, Miami Beach, and Coral Gables and has been described as one of the most affluent neighborhoods in the United States.

CMC Group is also currently completing the construction of another luxury boutique condominium nearby in Miami’s Bay Harbor Islands, Onda Residences, in collaboration with Morabito Properties.

Images via CMC Group

CONSTELLATION GROUP BEGINS CONSTRUCTION ON UPSCALE OFFICE AND RETAIL DEVELOPMENT IN CORAL GABLES

Constellation Group, a Miami-based commercial real estate investment and development firm, along with The Boschetti Group, have broken ground on their Class A+ boutique office and retail project at 4225 Ponce de Leon Blvd in South Florida's renowned “City Beautiful.” This transformative development is poised to elevate the heart of Coral Gables' Merrick Park district, the region’s premier shopping and entertainment destination. The project is slated for completion in 2025 and recently locked down a $33 million construction loan from Miami-based Banesco USA and Abanca.

A groundbreaking ceremony was attended by members of the Constellation and Boschetti Group teams; Coral Gables Mayor Vince Lago; representatives from Banesco USA and Abanca, who provided the financing for the development; Arquitectonica; and Burke Construction.

“This is a very proud moment for us as we come one step closer to developing a best-in-class office destination that embodies the true essence of Coral Gables' elegance and sophistication," said Eduardo Otaola, Managing Principal at Constellation Group. "This development will provide a boutique-style building with modern office spaces and enticing amenities within a highly coveted location."

The eight-story property, strategically located in Coral Gables' shopping district, will span 85,000 square feet and is situated between 4225 and 4311 Ponce de Leon Blvd. Renowned for its innovative designs, architectural firm Arquitectonica has crafted a luxury boutique-style Class A+ Office with 5,500 square feet of ground floor retail space, premier office space, parking, and a 6,000 square foot rooftop venue, which will offer stunning panoramic views of the city and accommodate a food and beverage venue. A pedestrian plaza and paseo on the ground floor offering valet service will enhance the overall experience for tenants and visitors alike.

The interiors are designed by Interior Architects, Inc. while Naturalificial, a leading landscape architecture firm, will design outdoor spaces that harmoniously blend nature and modernity.

El-Ad National Properties Flies In Rooftop Lap Pool At ALINA Residences In Boca Raton

El-Ad National Properties, an Elad Group company with a South Florida-based team, brought in a crane to its ALINA Residences to fly in ALINA 220’s rooftop lap pool on Tuesday, Dec. 5. ALINA Residences is an award-winning, world-class residential destination in the heart of downtown Boca Raton that is currently under construction. The crane was at the property to fly four 100-foot-long stainless steel pieces for the installation of the pool up to the 7th floor for assembly.

Phase two of ALINA Residences, which is over 70% sold, encompasses two nine-story residential buildings (ALINA 210 and ALINA 220) will complete the entire project. ALINA 210 is tracking an earlier than expected delivery in summer 2024. Once ALINA 220 is completed in late 2024, ALINA Residences will comprise three buildings: ALINA 200 (121 residences), ALINA 210 (30 residences) and ALINA 220 (152 residences), for a total of 303 units. ALINA 210 and ALINA 220 offer a variety of available residences and floorplans. ALINA 200 is completed, sold out and occupied.

All residents at ALINA’s three buildings will enjoy the rooftop lap pool at ALINA 220, which offers ocean views. Residences are priced from approximately $2 million to over $10 million.

Residents of ALINA Residences will also enjoy spectacular amenities across the expansive campus, such as his and hers spa facilities with dry saunas, steam rooms, treatment rooms and relaxation rooms, state-of-the-art fitness centers, studio with a professional-level golf and sports simulator, two rooftop swimming pools with private cabanas, fire pits, dedicated yoga areas, exquisitely appointed club rooms, a dog park and more.

Tucked between the manicured green fairways of The Boca Raton and Southeast Mizner Boulevard, ALINA Residences is within walking distance to downtown Boca Raton’s restaurants, art galleries, salons, and boutiques, including the Mizner Park Amphitheater and the Boca Raton Museum of Art. The City’s iconic beaches and pristine parks are only minutes away.

With more than three decades of high-end development experience in New York City, Los Angeles and Toronto, Elad Group founded El-Ad National Properties in South Florida in 2004. By expeditiously seizing opportunities, El-Ad National Properties has since earned a sterling reputation as an agile, entrepreneurial company with high expectations and solid values, a philosophy shared by all employees. El-Ad National Properties is leaving its footprint on South Florida with ALINA Residences Boca Raton as its first new development from the ground up project.