Only Luxury Condominium to be Delivered in South Beach This Year Tops Off

Terra, led by David Martin, and GFO Investments, led by Russell Galbut, topped out construction for Five Park Miami Beach, the only high-rise residential condominium delivered in South Beach this year. A visual beacon marking the entryway into Miami Beach, the development pairs a landmark residential tower with the adjacent three-acre Canopy Park and art-inspired Canopy Bridge. The 519-foot development will become the tallest building in Miami Beach upon its completion in 2023.

"Five Park delivers on every element of luxury living as the tallest tower on Miami Beach.  Uniquely connecting the South of Fifth neighborhood to the West Avenue district, Five Park brings the park to the boardwalk as the only tower rising in the area," said Jay Phillip Parker, President of Douglas Elliman Development Marketing, Florida. “It’s a project that elevates the caliber of the neighborhood and a perfect representation of a development built to meet the discerning demands of Miami’s new buyer’s needs. Five Park achieves an unprecedented level of quality, very different from what has been built in the last decade, thanks to David and Russell’s collaboration and their unique understanding of the surrounding needs.”

Rising on the edge of Miami Beach, the 48-story tower has unveiled 50,000 square feet of diverse amenity spaces with a choreographed team available round-the-clock. On the 6th floor, overlooking city and bay views, residents are invited to The Park Club. Anchored by an expansive pool and café terrace, the elevated oasis features a lap and family pool with covered cabanas, loungers and social spaces with indoor or al fresco dining options. Additionally, The Park Club amenity level features a variety of wellness, work and entertainment spaces including a fully outfitted gym and spa treatment rooms, a co-working area with private offices and board rooms, screening rooms and more. On the ground floor, Five Park boasts its very own backyard oasis, Canopy Park. Spanning three acres, the community amenity offers a refuge from city living with a botanic garden, interactive MONSTRUM playground, dog park and event lawn. 

Five Park was conceptualized by a visionary team of designers, architects and tastemakers with an exceptional understanding of beauty, functionality and service. The roster of project collaborators includes interior design firm Gabellini Shepard; Arquitectonica, leading architectural plans; design maven Anda Andrei; French conceptual artist, Daniel Buren; and Sarah Harrelson, founder of Cultured Magazine, leading the interior art curation.

Five Park also has revealed the Canopy Bridge, set to break ground in early 2024, an overhead bridge designed by Daniel Buren, recognized worldwide for his site-specific art installations. The 158-foot-long enclosed pedestrian tube will connect the site anchored by Five Park to the South of Fifth neighborhood for the first time.

Lefferts Tops Off 72 Miami Beach Short-Term Rental Luxury Condo '72 Park'

Lefferts, a NYC and Miami-based real estate development firm, has topped off of its new luxury Miami Beach condominium, 72 Park, on Wednesday, September 13. Slated for completion in summer 2024, the 22-story project designed by national architecture firm Built Form with interiors and landscapes designed by Urban Robots Associates, will be the first new luxury tower on Miami Beach to permit short-term rentals.

Located at 580 72nd St., 72 Park will offer 206 units ranging from 470 to 1,177 square feet. Cervera Real Estate is the exclusive sales team, with available inventory starting at the $700,000s. Cervera Real Estate is the exclusive sales and marketing partner for 72 Park. The luxury mixed-use condominium will also offer 10,000 square feet of prime, ground-floor retail space, with tenants including New York Staple Roberta’s, a Michelin Bib Gourmand restaurant from co-founder Brandon Hoy and two-Michelin-starred chef and co-founder Carlo Mirarchi.

Located ust south of Surfside, the stunning 22-story project by national architecture firm Built Form is centrally located within a pedestrian-friendly neighborhood where residents and guests can enjoy the best of both worlds: a peaceful, charming beachside community alongside the excitement of Miami Beach with instant access to recreation, restaurants, retail, music, arts and culture. When complete, the luxury tower will offer residents spectacular 360-degree views extending from the Atlantic Ocean to the Intracoastal Waterway, including Downtown Miami.

The luxury condominium is conveniently located on the park, just steps away from the beach, the Miami Beach Tennis Academy; North Shore Park, a sprawling indoor and outdoor sports and recreation complex featuring 12 tennis courts, pickleball and two baseball fields; the Miami Beach Bandshell outdoor amphitheater; a historic cultural center; Normandy Shores Golf Club; and the new Miami Beach Aquatic Center and Park, which will house an Olympic-size pool, a community library, a fitness center, a three-acre park and 10,000 square feet of retail. Beach service is provided for residents, including transportation and complimentary use of recreational equipment such as Boogie Boards, paddleboards, bikes and more.

Residents will have access to 64,000 square feet of luxurious amenities for residents, including an expansive 35,000-square-foot amenity deck with nearly an acre of lush, tropical landscaping; a 150-foot-long resort-style pool with cabanas; a bar and lounge with indoor-outdoor seating; a state-of-the-art fitness center with yoga lounge; 24/7 coworking lounge with private “pods”; kids playroom; private outdoor barbecue area; a private rooftop featuring a sun deck with dining areas and grills; and an outdoor screening area for movie nights and sporting events.

Other building features include a double-height lobby with wrap-around floor-to-ceiling windows showcasing 8,500 square feet of prime, ground-floor retail space, including the forthcoming Roberta’s restaurant and pizzeria by two-Michelin-starred chef Carlo Mirarchi.

The project at 72 Park is one of four residential developments Lefferts is spearheading as part of its long-term commitment to revitalizing this Miami Beach neighborhood and ushering in a new era of investment and growth for one of the most desirable oceanfront communities. The firm is applying its more than 20 years of residential and commercial real estate expertise to revitalize the heart of Miami Beach, located just south of Bal Harbour and Surfside and north of the iconic Fontainebleau Miami Beach. The pedestrian-friendly neighborhood is within walking distance of the beach and features Miami Modernist (MiMo) architecture and ample green space, including North Shore Open Space Park, the largest park in Miami Beach, which recently underwent a multimillion-dollar renovation.

E11EVEN Partners and PMG Break Ground On E11EVEN Residences Beyond In Downtown Miami's District 11

Developers PMG and E11EVEN Partners have broken ground on E11EVEN Residences Beyond, part of the E11EVEN Hotel & Residences Miami development, an ultra-luxury, dual-tower development located in Miami’s District 11. Located at 90 NE 11th St. in the newly expanded entertainment destination, the E11EVEN Hotel & Residences Miami project has taken Miami by storm, continuing to break sales records and offer a unique experience to buyers unlike anything the community has ever seen before. E11EVEN Partners Marc Roberts, Michael Simkins, and Dennis DeGori and PMG partners Ryan Shear, Kevin Maloney and Dan Kaplan are the developers of the E11EVEN Hotel & Residences development.

“E11EVEN Residences Beyond’s groundbreaking marks a crucial next step in constructing the future of District 11,” said Michael Simkins of E11EVEN Partners and co-developer of E11EVEN Hotel & Residences. “This incredible property offers residents an optimized lifestyle unlike any other in Miami, featuring top-notch dining, elite services, and lushly appointed residences all within one highly energized location. Once built, it will set the standard for ultra-luxury living and entertainment districts across the country.”

This groundbreaking comes on the heels of recent announcements at E11EVEN Residences Beyond including the addition of The Clayton, an ultra-premium $25 million private social and cigar club, and the recent expansion of the tower to offer additional units for sale and more amenity space, which was made possible by an incredibly high demand for these residences and record-breaking sales success across the dual-tower development as a whole.

E11EVEN Hotel & Residences’ first tower also recently announced Riviera Dining Group will join its extraordinary lineup of offerings with a second-floor restaurant with a ground-floor escalator entrance for direct access, as well as an upscale lounge and private membership club located on the tower’s rooftop.

“The groundbreaking of E11EVEN Residences Beyond is a monumental milestone for PMG and E11EVEN Partners,” said Ryan Shear, Managing Partner of PMG. “From its inception, E11EVEN Residences Beyond has carried a tremendous amount of buyer excitement and energy with it. From the private helipad to the stellar hospitality concepts like The Clayton, the caliber of offerings is unlike any tower in South Florida.”

“E11EVEN Residences Beyond places buyers in the epicenter of District 11, exposing them to the amazing business opportunities, high quality of life, and unparalleled 24/7 entertainment expected of Miami living,” said Marc Roberts of E11EVEN Partners and co-developer of E11EVEN Hotel & Residences. “We cannot wait to further cement this project’s status as a premier ultra-luxury residential development in Miami’s most coveted neighborhood.”

Centrally located in Downtown Miami’s District 11, E11EVEN Residences Beyond and E11EVEN Hotel & Residences Miami offers a resort-style, entertainment-driven experience and destination – the first of its kind in the Southeastern United States. Floor plans at both of its towers range from studios to two bedrooms in addition to a presidential collection and penthouse suites. Each unit comes equipped with fully-integrated “smart building” features, Subzero and Wolf appliances, custom ITALKRAFT Italian cabinetry, top-level finishes, and designer-curated furnishings. The soaring 65-story towers will be designed by internationally renowned Sieger Suarez Architects with interiors by award-winning design firm AvroKO.

Amenities for E11EVEN Residences Beyond and E11EVEN Hotel & Residences include a world-class Chopra Spa & Studio, a five-star restaurant collection by Riviera Dining Group, a casino-style sports lounge, a world-class med spa, a rooftop pool and bar, and an E11EVEN day club and pool on the 11th floor. In addition to the first tower's amenities, buyers at E11EVEN Residences Beyond will have ultra-exclusive access to the E11EVEN Beyond Members Social Club and private facilities only available to residents of the second tower including a helipad, a signature restaurant, fully staffed executive office suites, and a state-of-the-art fitness center, as well as the expanded resort-style pool.

“In all my years in the industry, I have never seen a residential building secure buyer attention and surmount previous standards of luxury living and day-round entertainment like this one has,” said Dennis DeGori of E11EVEN Partners. “The E11EVEN brand is committed to creating unique and captivating experiences, and it is safe to say that the two towers of E11EVEN Hotel & Residences Miami live up to this namesake with amenities like a day club, night club, and signature restaurants all at one’s doorstep. PMG and E11EVEN Partners have truly outdone themselves here with this one-of-a-kind, world-class building.”

Renderings via ARX Solutions

Macken Companies Tops Off Construction On Koya Bay Waterfront Townhome Development In North Miami Beach

Macken Companies has topped off Koya Bay, a luxury waterfront townhome community directly on the Intracoastal Waterway within the neighborhood of Eastern Shores. Located at 4098 NE 167 St. in North Miami Beach, Koya Bay features 10 four-story residences, each with a private elevator, expansive rooftop terrace and two-car garage with optional car lift. Boat slips are outfitted with water and electricity.

Macken Realty is the exclusive sales agent for Koya Bay. The project is nearly sold out with only one developer unit is available for $2,759,900. Completion is scheduled for late 2023. VCM Builders, an affiliate of Macken Companies, is the general contractor. Macken Companies is a vertically integrated real estate firm with development, construction and brokerage entities.

“We are thrilled to have reached this milestone and look forward to delivering an exceptional community to the City of North Miami Beach,” stated Alan Macken, principal, Macken Companies. “Koya Bay is a boater’s paradise with no fixed bridges and located minutes away from the Haulover cut and sandbar. This beautiful boutique community provides our buyers with the best value in the market and a distinct opportunity to own the only new waterfront townhome option available in the area.”

Koya Bay’s prime cul-de-sac location is buffered by water on three sides, providing direct and unobstructed views of the Intracoastal Waterway. The gated community offers three, four and five-bedroom floorplans ranging in size from 4,327-5,288 square feet.

Macken Companies has once again teamed up with the esteemed Randall Stofft Architects and Witkin Hults + Partners to design tropical modern townhomes that blend natural materials and earth tones with open floor plans designed to invite the waterfront into each level. Residences feature elevated ceilings, Wolf appliances, custom wood cabinetry and smart home technology. Private rooftop terraces combine both enclosed air-conditioned space with open area and are equipped with a jacuzzi and summer kitchen.

The affluent and family-friendly Eastern Shores neighborhood is a guard-gated community with 24/7 police-manned security, its own park and playground. Residents will enjoy an abundance of conveniences and amenities, including being steps from the pristine Sunny Isles Beach and having the beautiful Oleta River State Park, a 1,043-acre Florida State Park on Biscayne Bay just across the street, with mountain bike trails, running paths, kayaking and fishing. Eastern Shores is accessed via the 163rd Street Causeway, which connects to US-1 and A1A.

The City of North Miami Beach is centrally located 12 miles north of Miami and less than 20 miles south of Fort Lauderdale. Koya Bay is just minutes away by car or boat from the beach, Haulover Marina which provides ocean access, and two of Florida’s premier shopping destinations, the Aventura Mall and legendary Bal Harbour Shops.

Clara Homes Breaks Ground on 'Clara Bay Harbor' On The Coveted Bay Harbor Islands

On the heels of closing on a $26 million construction loan for Clara Bay Harbor, Clara Homes has broken ground on Phase 1 of its luxury rental development, Clara Bay Harbor. Located at 10281 W. Bay Harbor Drive, the first building, a six-story midrise, will feature 28 well-appointed apartments designed with the same quality and level of finish as a luxury condominium. Inspired by New York’s famous apartment buildings, with personalized doormen and concierge service, walkability and convenient amenities onsite, the development will create a new tier of rental living in Miami and appeal to renters wanting the experience of home, without the hassle. The first building is scheduled to complete in 2024.

Clara Homes is a Miami-based, vertically integrated real estate firm specializing in residential development, custom single-family homes and operations oversight led by James Curnin. OHLA is leading construction.

"The groundbreaking is a huge milestone for Clara Bay Harbor and a leap forward in turning our vision into reality,” said James Curnin, CEO and Founder of Clara Homes. “We are excited to reimagine the rental experience in the market and have already seen a great deal of support and praise from people in the community on the concept.”

Nestled between the world-famous Bal Harbour Shops and Miami’s exclusive Indian Creek, Clara Bay Harbor is a premier rental project featuring 150 residences across three buildings. It will offer an enviable lifestyle and location in the heart of Bay Harbor, situated just minutes from the Atlantic Ocean as well as the best shopping and dining in the city. The first building will feature two- to five-bedroom spacious floor plans, a parking garage and a rooftop space with amenities that include a swimming pool, exercise area and sundeck. A full-time concierge will provide five-star service and highly curated experiences to residents.

“OHLA is proud and excited to be part of this project. These luxury apartments will, without a doubt, be the “must have” address for South Florida residents. We look forward to our part in bringing this iconic project to life, “ said Bernardo Perez, Executive Vice President of OHLA.

Following Clara Homes’s success developing, building and selling numerous Miami and Los Angeles luxury spec homes for above market rate prices, Clara Bay Harbor is the company’s first South Florida multifamily development and represents the developer’s expertise building thoughtful projects from the ground up. Construction for Clara Bay Harbor will be completed in three phases: one for each building. The other two buildings located at 1147-1163 100th Street and 10200 East Bay Harbor Drive are scheduled to break ground later this year. The entire master plan is expected to be completed by late 2025.

Clara Bay Harbor is part of a larger wave of new development that is transforming the neighborhood of Bal Harbor into an exclusive luxury destination. Known as one of the most desirable residential addresses in Miami, the area has always been celebrated for its small-town feel and focus on community, and will only grow as new high-profile projects, from Clara Bay Harbor to towering condominiums on the waterfront and mixed-use concepts along Kane Concourse, open and attract the most discerning residents.

Leasing for Clara Bay Harbor will be exclusively handled by Douglas Elliman Development Marketing.

CMC Group and Morabito Properties Top Off Construction On Onda Residences In Bay Harbor Islands

Ugo Colombo’s CMC Group and Valerio Morabito’s Morabito Properties have topped off Onda Residences at 8 stories in Miami’s exclusive Bay Harbor Islands community. The bayfront Onda Residences is a 41-unit boutique luxury condominium project being developed along Biscayne Bay at 1135 103rd Street. 85% of its units are already sold ahead of its completion which is slated for later this year. Coastal Construction serves as the development’s general contractor. Onda will be the first newly-built condominium to deliver and welcome residents among a slew of recently launched projects coming over the next few years to Bay Harbor Islands, which is currently experiencing a surge in new development activity.

“Once complete, Onda will be a coveted residential retreat in one of Miami’s most desirable neighborhoods,” said developer Ugo Colombo, Founder of CMC Group. “The building’s boutique lifestyle, idyllic bayfront location, and timeless design will make it a standout property for years to come,” added developer Valerio Morabito, CEO of Morabito Properties.

Residences consist of impeccably finished units ranging from two- to four-bedroom plus den floorplans, measuring between 1,809 and 3,535 square feet in size. Four penthouse residences measure up to 5,073 square feet – two of which include private rooftop pool decks. With only a limited selection of residences remaining, inventory is priced between $5 million and $8.4 million.

All residences will feature an office/den, private and semi-private high-speed elevators, floor-to-ceiling, impact-resistant sliding glass doors and windows, spacious tiled terraces with private gardens, open floor layouts with up to 9-foot grand ceiling heights, fully-accessorized Snaidero kitchens with top-of-the-line Miele appliances, bathrooms with Italian marble and wood cabinetry, exquisite Italian flooring throughout, energy-efficient air conditioning and heating systems with ultra-quiet technology, and air and water filtration systems.

Onda – also known as the Italian word for “wave” – is designed by Bernardo Fort-Brescia of Arquitectonica, with interiors imagined by creative design masterminds Carlo and Paolo Colombo of A++ Human Sustainable Architecture, and lush landscaping by award-winning landscape architect Enzo Enea of Enea Garden Design.

Onda’s prime Bay Harbor Islands location offers more than 300 linear feet of bay frontage and sweeping views of Biscayne Bay and the Atlantic Ocean. Among Onda’s most popular features is its private marina with 15 boat slips, which are exclusively available for residents to purchase. The development will also include a water sports launch dock with kayaks, paddle boards and inflatables available for use, in addition to direct ocean access through Miami’s Haulover inlet.

Building amenities will include a rooftop pool deck and lounge area; a state-of-the-art fitness center with Technogym equipment, a yoga studio, a spa with massage treatment rooms, changing facilities, and steam bath and sauna rooms. Onda will also feature personalized services, state of the art security and technology along with a front desk reception, covered valet drop-off area, personal parking spaces, electric vehicle charging stations and bicycle storage, and residential storage space. The building will offer an integrated digital concierge along with readily accessible WiFi throughout all public spaces, and FTTH (fiber to the home) technology for voice, video and high-speed internet.

Colombo and Morabito previously partnered in 2016 to lead the development of Beach House 8, a nearby boutique waterfront condo building on Collins Avenue in Miami Beach. Most recently, Colombo and his firm CMC Group delivered Brickell Flatiron, a 64-story luxury tower in Downtown Miami’s Brickell Financial District. Now, the firm is gearing up to start construction at Vita at Grove Isle, an ultra-luxury boutique condominium development located on the private island of Grove Isle in Miami’s Coconut Grove neighborhood. Morabito is also currently developing Wyncatcher, a mixed-use office development in Miami’s Wynwood Arts District.

Images via CMC Group/ Morabito Properties/ Become Legendary

Pacific & Orient Properties Reveals And Breaks Ground On Japanese-Inspired 7918 West Drive North Bay Village Luxury Condo

Pacific & Orient Properties, LLC has revealed and broken ground on the limited edition Japanese-inspired 7918 West Drive, the first luxury waterfront condominium to break ground in North Bay Village in over a decade. Located at 7918 West Drive, the 21-story, 54-residence elegant waterfront condominium development is both uniquely designed and technologically advanced. 7918 West Drive is developed by Pacific & Orient Properties, LLC, a subsidiary of Kuala Lumpur-based Pacific & Orient Berhad. The estimated completion date for the development is March of 2025.

Situated on a 33,600-square-foot lot in North Bay Village, 7918 West Drive sits on the Intracoastal Waterway between El Portal and Normandy Isles. Surrounded by water near a natural preserve, it is located directly on Biscayne Bay and close to both Biscayne Blvd as well as Miami Beach. 7918 West Drive’s advanced technology will include customized software automatization for the latest in privacy, security and convenience. Each unit will feature a high-speed fiber internet IT control center.

A limited edition contemporary development, 7918 West Drive features panoramic views: North Bay Village and Biscayne Bay to the east, a public park to the north, low buildings to the south and uninterrupted water views to the west.

“A chic, serene retreat, 7918 is situated just far enough away from the hustle and bustle of the city, yet centrally located to exciting attractions,” said Maurizio Pejoves, director of Pacific & Orient Properties. “Merging innovative design and luxury with advanced technology, it is an architectural masterpiece,” he continued.

World-renowned designer Juan Azulay, founder and director of MTTR mgmt, an award-winning creative practice, is the project architect. Using digital design parametric methodologies to optimize the building’s form, Azulay creates undulating panel forms, non-repeating intercut balconies that affect shadows and light lines of lower floor balconies, and an open area system ― a distinctive design that looks to the future.

The customized residences, ranging from 1,677–7,086 square feet total, will have a minimum of two bedrooms, with at least two view exposures to Biscayne Bay. All three-bedroom units will be corner units, and limited to four units per floor. The 3,661-square-foot penthouse will feature five bedrooms, five bathrooms, one half-bathroom, a 1,232-square-foot balcony, and more. None of the residences will be alike in terms of area, glass-line and balcony-interior layout relationships.

Residences will feature a state-of-the-art German Siematic kitchen with Cosentino/Dekton countertops, Miele appliances with mobile technology connection, and Hansgrohe and Kohler plumbing fixtures. Bathrooms will include Dekton finishes and countertops, Spanish quality finishes by Iberia, and an innovative Viega plumbing system. Large balconies will provide a relaxing “indoor-outdoor” lifestyle.

7918 West Drive will feature 15,224 square feet of common areas, 148 parking spaces and 34 storage units. The development will include a pedestrian walkway along Biscayne Bay. Amenities will include a swimming pool, fitness center, elevated garden, club room and state of the art fully equipped Chef’s kitchen.

Thornton Residential is the general contractor for the project. Thornton Residential has been servicing the South Florida region for the last two decades, continually working with some of South Florida’s largest clients; a testament to their quality work and ability to deliver great projects. Combined, they have constructed over $1 billion in the South Florida region. Their experience with various facility types has sharpened their skills, allowing them to understand how to quickly identify and resolve each project’s unique challenges.

For more information about 7918 West Drive, private showings or purchasing/ leasing information please fill out the form below:

EDITION Hotels And Location Ventures Break Ground On EDITION Residences Fort Lauderdale

Miami-based real estate investment firm Location Ventures and Marriott International’s EDITION Hotels has broken ground on EDITION Residences Fort Lauderdale. The milestone signifies the launch of construction for the first luxury branded residences on the city’s Intracoastal that will feature two 11-story towers with 65 spacious condominiums.

On Feb. 9, Location Ventures, Marriott representatives, city officials, development partners and friends gathered at the property’s exclusive address of 551 Bayshore Drive in Fort Lauderdale’s burgeoning North Beach Village to celebrate the occasion. Honorary guests included Fort Lauderdale Mayor Dean Trantalis and Commissioner Steve Glassman, along with Sheila Farahpour, Vice President of Luxury and Mixed-Use Development at Marriott International, and Jay Parker, CEO of Douglas Elliman Florida.

As a twist to the traditional groundbreaking event, attendees received individually sized champagne bottles to pop during the ceremony – a nod to the EDITION brand’s signature style of fusing modern sophistication and culturally-inspired creativity. Cocktails and canapés added to the festivities, while a vibrant sunset over the waterway highlighted the serene views that will be enjoyed by future homeowners.

“North Beach Village in Fort Lauderdale has seen tremendous growth and change over the last few years,” said Rishi Kapoor, CEO of Location Ventures. “There is excitement and demand for the local, combined with the incomparable experiences and quality of the EDITION brand, and we are thrilled to break ground on this exceptional site.”

Fort Lauderdale has emerged from the shadows of its well-known neighbors: Miami and Palm Beach. The “Venice of America” has welcomed an influx of residents flocking to the city for its high-end restaurants, new luxury developments, cultural offerings, and relaxed ambiance. The interest is evident in the sales of the EDITION Residences Fort Lauderdale. With exclusive representation by Douglas Elliman Development Marketing, the project was introduced to market in October 2022.

EDITION Residences Fort Lauderdale will continue to raise the bar in the area as it attracts discerning home buyers both nationally and internationally who seek upscale amenities paired with a laidback South Florida lifestyle. The towers will offer spacious residences with two-bedroom to four-bedroom floor plans, including nine villas and four penthouses, ranging from 1,710 to 4,660 square feet. Each home will offer opulently designed interiors, gourmet kitchens with premium appliances, and unparalleled views of the Atlantic Ocean and Intracoastal waterway from its floor-to-ceiling windows and expansive terraces.

Taking advantage of its lush surroundings, the property will provide residents with 20,000 square feet of outdoor amenities, including multiple wellness components like meditation walkways with meditation bowls, an edible garden, two pools, and an Intracoastal riverwalk that features dockage for small boats. A moonroof and a sunroof, featuring a movie screen, large fire pit, and an outdoor summer kitchen, will become ideal settings to mingle and unwind while enjoying unbeatable rooftop views. The property will also include a poolside grill and a Health & Wellness Center with dedicated areas for fitness and pampering, including a hammam and treatment rooms.

Designed by GarciaStromberg, the building’s glass façade emulates the movement of light reflecting from the waterfront. Internationally renowned interior designer Clodagh also embraces the natural characteristics of South Florida with neutrals punctuated by splashes of color and unique textures to celebrate the water and changing sky. Landscape design by Cadence captures the tropical essence of the area with its exuberant plants and tranquil energy.

EDITION Residences Fort Lauderdale is within walking distance to a plethora of leisure offerings, including the beach, culinary experiences, hotels and more. It is also in proximity to the famed Las Olas Boulevard’s retail and entertainment, museums and performing arts, and is just seven miles from Fort Lauderdale-Hollywood International Airport.

Location Ventures Breaks Ground on URBIN Coconut Grove

The Miami-based real estate developer Location Ventures has broken ground on URBIN Coconut Grove. The milestone signifies the launch of construction for the second location for URBIN, a mixed-use brand that unites design-forward residences for short- or long-term rental with flex workspaces, wellness amenities, social activations, and lifestyle-oriented retail, all in one address. The URBIN Coconut Grove groundbreaking follows Location Venture’s December 2022 groundbreaking on URBIN Miami Beach.

Location Ventures, development partners and city officials gathered on January 25 at the Coconut Grove project site, 3162 Commodore Plaza, for the official groundbreaking ceremony. Special guests included Miami Mayor Frances Suarez, former City of Miami Commissioner Ken Russell and Location Ventures CEO Rishi Kapoor, who shared remarks about the future development and coveted Coconut Grove locale – Miami’s oldest neighborhood.

The residential component of the property is 90% sold, with exclusive sales representation by ONE Sotheby’s International Realty, and has attracted a diverse buyer demographic, from Latin America and Europe. Plans are underway to further scale the URBIN brand in key cities throughout the U.S. Construction commencement in Coconut Grove comes on the heels of the Miami Beach location’s groundbreaking in the fourth quarter of 2022, following its sell-out.

“Demand for URBIN Coconut Grove has been steadfast due to its unique ownership opportunities and location in a thriving neighborhood. We are excited to begin the construction and bring this vision to life,” said Kapoor. “Living, working and wellness are the pillars of this coveted address, all integrated into a singular location.”

URBIN Coconut Grove is comprised of 54 residences ranging from studios at 331 square feet to six bedrooms at 2,352 square feet. Thoughtfully planned for convenient, easy living, residences combine modern luxury with efficient layouts and are delivered designer-finished and furnished for turnkey ownership. Arquitectonica and Paredes Architects are behind the architectural design, while residences will feature interiors by am studio, a boutique design collaborative committed to creating cohesive, resourceful, and oneiric spaces.

A variety of resort-inspired services, such as valet parking, concierge, housekeeping, and room service, will complement onsite amenities to create an environment to “live-work-well.” Residents and members of the adjacent URBIN Work will be complemented by a host of food and beverage options, as well as a wellness center with programming for mindfulness, movement, nourishment, and healing. URBIN Work, pre-leasing with Colliers, offers modern office space for businesses of the future looking to make Miami’s most dynamic neighborhood home. Both traditional office and flex workspaces provide modern amenities.

The property’s dedicated coworking component will bring an elevated level of service to the work experience. In addition to the physical space, coworking members will have access to necessary business support tools, including consulting, administrative and networking services.

The URBIN development is the latest addition to the vibrant Coconut Grove community, which has undergone a significant transformation in recent years. Embodying the laid-back waterfront lifestyle of the locale, it is an area brimming with world-class restaurants, neighborhood shops, lush parks and a hub of growing business enterprises. URBIN Coconut Grove is situated in the center of it all, two blocks from CocoWalk, and within walking distance to Dinner Key Marina, the bay, and Regatta and Peacock Park.

Terra and Turnberry Tap Balfour Beatty As GP For Grand Hyatt Miami Beach Convention Center Hotel

Two of South Florida’s premier real estate developments groups, Terra and Turnberry, have selected Balfour Beatty as the general contractor for the new Grand Hyatt Miami Beach Convention Center Hotel. Located at the intersection of 17th Street and Convention Center Drive, the 17-story, 800-room hotel will serve as the central anchor of the Miami Beach Convention Center District, steps away from the beachfront, hundreds of shops and restaurants along Lincoln Road, the New World Center, the Bass Museum, and the Fillmore Miami Beach. Early site work at the property is now underway, with vertical construction anticipated to start this year and be completed in 2025.

“A project of this magnitude and significance requires the best in-class team and we are thrilled to have Balfour Beatty onboard leading the construction efforts,” said developer David Martin, CEO of Terra, and Jackie Soffer, Chairman and CEO of Turnberry. “The firm’s extensive experience pioneering new technologies and transforming communities through smart infrastructure aligns with our goal to deliver a hotel that will transform the City’s convention center campus into one of the most desirable meeting and convention destinations in the world.”

Headquartered in Dallas with full-service offices throughout the U.S., Balfour Beatty is a leading commercial construction company with a portfolio of high-profile projects including terminal expansion projects at Jacksonville International Airport, Florida International University Student Academic Success Center, the W hotel in Fort Lauderdale, Loews Sapphire Falls Resort at Universal Orlando, Paseo de la Riviera in Coral Gables, and Greater Fort Lauderdale Broward County Convention Center among others.

“This is a beacon development for Miami Beach,” commented Scott Skidelsky, Balfour Beatty president in the Southeast. “Balfour Beatty’s national operations started its roots in South Florida and being a part of the community is a point of pride for our company. Being chosen to construct this icon project means the world to our project team who are some of the best builders in the industry and they are all so excited to work with our stakeholders to make this an incredibly successful build experience.”

Development of the Grand Hyatt comes as Miami Beach and South Florida solidify their position among the world’s most visited destinations. According to a recent report by the Greater Miami Convention & Visitors Bureau, 15.9 million overnight visitors and an additional 8.3-million-day visitors totaling 24.2 million came to the area in 2021, matching the total volume of tourists seen pre-pandemic in 2019. Furthermore, visitor spending rebounded, and tourists spent an estimated $19.2 billion, an increase of 8% over 2019. In 2022, Miami-Dade County hotel occupancy from January through October was up 10% over the previous year, a total of 72.2% occupancy – the sixth-highest occupancy in the country in major markets – with an average daily rate of $251, which is 18.8% higher than 2021.

“The Grand Hyatt Miami Beach will be a great addition to the local hotel landscape,” said Wendy Kallergis, President & CEO of the Greater Miami and the Beaches Hotel Association. “Miami Beach has a broad range of hotel options – from luxury brands, meetings, leisure, independent and boutiques – but there has long been a need for a conference hotel that maximizes the impact of the newly-renovated Convention Center. The Grand Hyatt’s 800 rooms will meet this demand, and it comes at a time when meeting planners around the world are looking at Miami Beach for their upcoming conferences, conventions, and trade shows.”

The 17-story Grand Hyatt Miami Beach will include 12 floors of guest rooms and 52 suites offering views of Miami Beach, four floors of meeting spaces and ballrooms that will complement the Convention Center, a resort-style pool deck with panoramic views, a signature restaurant, lobby lounge and bar, and limited retail space that will activate the district at street level. An elevated skybridge will enable event attendees to move freely between the hotel and Convention Center in a climate-controlled, art-filled corridor.

Grand Hyatt Miami Beach will be designed by internationally acclaimed architect Bernardo Fort-Brescia and his firm, Miami-based Arquitectonica. The team also includes Stonehill Taylor, a New York City based hospitality-focused architecture and interior design firm in charge of designing the hotel’s interior lobby and lounges, ballroom, meeting and hotel rooms, and all common areas; EoA, a local architecture, interior design and landscape firm tasked with designing the pool deck hospitality features of the hotel; and Arquitectonica GEO, who will lead the creation of the pedestrian promenades and landscapes.

As part of the improvements to the area, the nearby Fillmore Miami Beach at Jackie Gleason Theater is also receiving renovations to its back of house areas. The theater, which is owned by the City of Miami Beach and managed by Live Nation, was once home to “The Jackie Gleason Show” and remains one of the most beloved cultural venues in Miami Beach. These renovations will ensure the iconic institution will have the ability to continue to present music, theater and dance to the expanding community of the Convention Center district.

The Grand Hyatt Miami Beach project also includes landscaped pedestrian promenades on surrounding streets, bike sharing stations, connectivity with public transit routes, dedicated ridesharing pick-up and drop-off zones, and direct access between the Convention Center and Lincoln Road. The project’s resiliency and sustainability measures include storm water management and reuse, flood risk mitigation, and the use of solar power – all of which are designed to ensure operational continuity during weather events.