The Ultra-Luxury One River Point To Go Vertical in Early 2019 On The Miami River

One River Point's quest to bring ultra-luxury living to the Miami riverfront will kick into the next stages of construction as the tower is expected to go vertical in early 2019. The twin tower, 800' tall development by KAR Properties’ groundwork with excavation, piles, seawall and foundation are currently underway. One River Point designed by internationally acclaimed architect Rafael Viñoly and represents developer Shahab Karmely’s desire to introduce world-class architecture, international design, and luxe resort-like amenities to urban waterfront living in the heart of Miami. One River Point will feature approximately 380 bespoke residences, ceiling heights of 10' to 12', expansive open layouts with floor-to-ceiling sliding glass walls, honed stone flooring, full slab onyx accent walls, designated art walls with task lighting, state of the art technology, as well as biometric security with face recognition. Additionally, the project will include 12-foot deep glass enclosed outdoor living terraces with sweeping vistas of the Miami River, Biscayne Bay and the city skyline. Residences at One River Point will range from approximately 1,000 SF to 12,000 SF. The crown jewel will be two 14,000 SF “sky villas” at the top of each building priced at $30 million. Set within One River Point’s piece de résistance, a three-story, floating sky bridge will connect the two towers on the top floors where the 50,000 SF Sky Club will be located.

The Herzog & de Meuron's Jade Signature Receives TCO, Begins Closings In Sunny Isles Beach

After a grand countdown to completion that featured the installation of a giant 65,000-pound, 38-year-old kapok tree at the tower's base and the unveiling of “Bonhomme Universe,” the tower's new gemstone snowman by Daniel Knorr, Jade Signature has officially received its temporary certificate of occupancy (TCO) in Sunny Isles Beach. Closings have begun and residents are now slated to begin moving in within the next few weeks (January 30, 2018). Jade Signature was developed under the leadership of husband-and-wife team Edgardo and Ana Cristina Defortuna of Fortune International Group, designed by the Pritzker-Prize winning architecture firm Herzog & de Meuron, in collaboration with Parisian interior designer Pierre-Yves Rochon (PYR) and landscape architect Raymond Jungles, and financing provided by HSBC. Sales and construction began in 2013. 95% of the 192 residences have been purchased by an array of buyers spanning the U.S., Latin America and Europe. With this initial TCO achieved, the development team expects that the building will be fully completed for its official opening at the end of the first quarter.

“We are so proud to be of delivering this masterpiece to the world,” said Edgardo Defortuna, President and CEO of Fortune International Group. “Our buyers have long recognized our vision and strength, knowing full-well what the final result will be when a group of industry leaders set out to create something extraordinary.”

“Like the kapok tree’s symbolism of strength and resiliency, and the jewel-adorned, snowman-shaped ‘Bonhomme Universe’ sculpture’s embodiment of Miami’s unique diversity, Jade Signature, as a whole, is a testament to rare artistry and singular design,” Defortuna continued. “This particular project is the pinnacle of the Jade brand’s journey, representing the growth of a legacy and its future admiration by generations to come.”
 
While the tower is nearly sold out, Jade Signature has a limited selection of residences remaining among the tower’s most luxurious units. Known as “The Collection,” the portfolio is a compilation of two-story Sky Villas and penthouses, ranging from $14.2 million to $32.9 million. The Sky Villas feature flow-through views, expansive terraces, private elevators, smart technology, service quarters and PYR-designed bathroom cabinetry. There are also two, full-floor penthouses with all the features of the sky villa as well as a private pool, gym and 360-degree views of the Atlantic Ocean, Intracoastal Water and the Miami skyline. Additional availability includes 3- to 5-bedroom residences, with sizes starting at 3,312 square feet and prices starting at $4.8 million.

Photos via Jade Signature

2000 Ocean Designed By Enrique Norten To Break Ground In Early 2018 In Hallandale Beach

2000 Ocean is gearing up to break ground in Hallandale Beach after launching sales in November 2017. The beachfront condo tower is designed by Enrique Norten's TEN Arquitectos and will rise 40 stories, providing spectacular views of the Atlantic Ocean and Intracoastal Waterway. The boutique condo tower features 64 residences, the smallest being a 2,913 SF half floor 3 bedroom and ranging up to 5,832 SF full floor 5 bedroom penthouse residences. Pricing starts at $2.8 million. 2000 Ocean also features a duplex sky vill which comes complete with a private pool deck. Residences are designed by Minotti and feature expansive flow through floor plans, 10' ceilings, private elevator landings, floor-to-ceiling windows, custom kitchens by Minotti Cucine, Monterrey Marble flooring throughout including terraces, custom stone master bath with Agape floating bathtubs. Services and amenities include two swimming pools with expansive sunrise and sunset views, direct beach access with private beach, private arial and valet entrance, 24-hour valet and concierge, an oceanfront library with garden views, an oceanside lounge and juice bar, an indoor theater, entertainment room, fitness center and a freestanding spa pavilion complete with treatment rooms, Hammam (steam bath), ice room and yoga room. The lushly landscaped grounds feature curated gardens by Landscape Architect Sasaki Associates. The project is being developed by KAR Properties and Douglas Elliman Development Marketing are exclusively overseeing sales and marketing. 2000 Ocean is expected to be delivered in 2020. 

Enjoy the video overview and renderings below:

Zaha Hadid's One Thousand Museum To Be Featured On PBS' Impossible Builds Feb. 7th As Top Off Approaches

The 62-story One Thousand Museum by Zaha Hadid Architects, which sits on Museum Park and Biscayne Bay and is on track for delivery in 2018, will be the feature of the February 7th episode of PBS's Impossible Builds as the tower is nearing its official top off. On January 15 ODP Architects reported that they had reached the top of the last permanent formwork exoskeleton column at 706' and the formwork of the level 60 and 61 amenities was underway. One Thousand Museum is Zaha Hadid's first residential skyscraper in the western hemisphere will be featured in Impossible Builds as the episodes subject of the documentary series’ recurring theme of delving into the making of complex structures throughout the world. Discovery Channel chose the tower due to the intricate engineering of the exoskeleton exterior. Pieces for the exoskeleton are prefabricated off-site and arrive in shipments from Dubai. The outer shell is made-up by close to 5,000 pieces sourced from glass fiber reinforced concrete which form the structural façade. This allows the developer to remove columns from the units, creating expansive glass views of Biscayne Bay. The futuristic luxury tower is being developed by Louis Birdman, Gregg Covin, Kevin Venger and the Regalia Group with Plaza Construction as the general contractor. The tower will feature only 83 units ranging from $5.5 million to over $20 million and 4,600 SF to over 10,000 SF. Amenities will include Miami's only private rooftop helipad, state-of-the-art fitness center, spa, two pools, indoor aquatic center, and a sky lounge.

Tour the uber-luxe model residence designed by Artefacto

Check-out our PROFILE Exclusive interview with developer Louis Birdman for an inside look at developing the futuristic tower

Auberge Beach Residences & Spa Officially Tops Off in Fort Lauderdale

The Related Group, Fortune International Group, The Fairwinds Group and Moss celebrated the topping out of Auberge Beach Residences & Spa Fort Lauderdale, the two-tower luxury development which is one of the highest-selling condos in Fort Lauderdale with 2 record breaking penthouse sales at $8.9 million and $9.5 million. Construction of the property’s 23-story South Tower just reached full height, following the top off of the 17-story North Tower in July 2017. 

“We are excited to deliver the most attractive and only on-the-sand luxury residential project in all of Fort Lauderdale,” said Patrick Campbell, Vice President at The Related Group. “Auberge has set a new standard of luxury living with its coastal elegant design, unrivaled list of amenities, luxury services and enviable beachfront access.” 

“Our family is delighted to bring to Fort Lauderdale a project of unprecedented elegance casual sophistication. We look forward to welcoming the community back to our restaurants and signature spa in late fall” said Andy Mitchell, CEO and President of The Fairwinds Group.

“We are thrilled to be a part of this project, which exemplifies modern beachfront luxury,” said Scott Desharnais, executive vice president of Moss. “We are proud that The Related Group, Fortune International Group and The Fairwinds Group have trusted the quality of our work to bring this concept to life.”

Auberge Beach Residences & Spa features 171 flow-through condominium residences spread over two towers designed by Nichols Brosch Wurst Wolfe & Associates with interiors by Meyer Davis Design Studio. Located at 2200 N. Ocean Boulevard, the development sits directly on the sand with over 450 linear feet of oceanfront. Units range from 1,500 SF one-bedroom to 5,000 SF five bedroom floor plans designed for multigenerational living which all feature private elevator access, gourmet kitchens with stone countertops, sunrise and sunset terraces, and floor-to-ceiling glass for unobstructed ocean views. Amenities include five-star, resort style staff and services; 2 beachfront swimming pools, full-service spa, 2 restaurants, multimedia facilities, resident's lounge club room, billiards, golf simulator and a state-of-the-art fitness center.

CAOBA Becomes The First Tower To Top-Off In Downtown Miami's Miami Worldcenter Mega-Project

CAOBA has become the first tower in the 27-acre, $2 billion Miami Worldcenter mega-project to top-off at 43 stories in Downtown Miami's Park West neighborhood. The transit-oriented rental complex will bring 444 market-rate apartments to Miami’s urban core with pre-leasing set to begin this summer and delivery expected in the fall (2018). The project was formerly known as the first phase of the Seventh Street Apartments and was co-developed by CIM Group with Falcone Group. CAOBA is located at 698 Northeast 1st Avenue and is one block from Miami Central, downtown’s new transportation hub and Brightline’s high-speed rail Miami terminal, which offers direct train service to Fort Lauderdale, West Palm Beach and Orlando. CAOBA will include more than 20,000 square feet of ground-floor retail space which will feature shops and restaurants, connecting Miami Worldcenter’s ‘High Street’ retail promenade and plaza to the east between Northeast 1st and 2nd Avenues.

CAOBA’s market-rate rental apartments range in size from 500 SF studios to 1,300 SF 3-bedroom floor plans. Residences feature 9' ceilings, contemporary design finishes, in-unit washers and dryers, and private balconies that open up to sweeping views of Biscayne Bay and the downtown Miami skyline. Amenities, including a pool deck overlooking downtown, a fitness center, a clubroom and an outdoor dog-walking lawn.

“Caoba is the Spanish word for mahogany, which is a variety of wood prized for its beauty, durability and color – attributes that will reflect the luxurious, organic sensibility of the building’s amenity and public spaces,” explains Miami Worldcenter’s Managing Principal Nitin Motwani. “Residents of this complex will value being able to walk outside their door and be in the heart of a ten-block ‘city within a city’ complete with offices, shopping, dining and entertainment. And our proximity to Miami-Dade’s primary transit systems, including the new Brightline high-speed rail, means residents will be able to jump on a train and beat the traffic to anywhere in South Florida.”
 
Downtown Miami has been hot recently, according to the Miami Downtown Development Authority’s mid-year 2017 report, urban living in Miami saw a 25% year-over-year monthly increase in the volume of signed leases. Plans for an adjacent 40-story, 429-unit tower have been approved by the City of Miami. The 27-acre, 10-block Miami Worldcenter is one of the largest private real estate developments currently under construction in the United States. Miami Worldcenter features a diverse mix of urban land use, including high-street retail, hospitality, office and residential uses surrounded by world-class amenities and boasting convenient access to transit.

PMG Breaks Ground on X Las Olas on Fort Lauderdale's Las Olas Riverfront

PMG, in partnership with Greybrook Realty Partners, has broken ground on X Las Olas, their new mixed-use, purpose-built rental project on Fort Lauderdale's New River. The multi-phase project will include 1,200 residential units, 30,000 SF of ground floor retail space featuring restaurants and shops, and a public plaza along the riverfront. Phase 1 will feature a 35-story residential tower with 639 units which range in size from studios to 4 bedroom floor plans; although unit sizes will be on the smaller side. The groundbreaking comes after PMG closed on a $153.0 million construction loan financed by Broad Street Real Estate in July 2017. X Las Olas was designed by Falkanger, Snyder, Martineau & Yates with John Moriarty & Associates (JMA) as the GC. X Las Olas will fall under PMG’s X Social Communities portfolio. Social Communities also known as “XSC” is a new multi-family housing division of PMG geared towards delivering the most fun and convenient living experience at an attainable price point. Amenities include a state-of-the-art fitness center with classes available to residents, smart package lockers, pool, residents lounge, and bike storage. X Las Olas is expected to be completed in 2020.  

Closings Begin At Privé at Island Estates In Aventura Despite Pending Litigation

Privé at Island Estates in Aventura has begun closings despite pending litigation. The luxury condo project has seen it all from a court ruling that a sidewalk built through homeowners properties as an easement was illegal to Dara Clarke, a resident whose property was used possibly used for the sidewalk, staging a sit-in that ended up in her and her husband driving a Porsche and BMW through freshly poured concrete and the couple ending up in jail. Privé at Island Estates is nearly 80% sold and has received a temporary certificate of approval (TCO) for the first tower with the second tower expected to receive its TCO soon. The towers first topped off in the fall of 2016. Privé at Island Estates features 160 luxury condo units with a total sellout of about $500 million. Pricing starts at $2.1 million and 2,585 SF. 

Privé at Island Estates is being developed by Gary Cohen and BH3. The 16-story, 2 tower project was designed by Sieger Suarez Architects with interiors by Steven G.The development offers five-star resort-style amenities with 70,000 SF of public space, including a 10,000 SF gym and spa in each tower, a full-circuit running path tracing the shoreline of the island, outdoor summer kitchens and dining terraces, a private jetty, 2 expansive lap pools, a poolside café, wine and cigar rooms, a tennis court, multiple pools, jacuzzis, and a private marina; all located on an 8 acre island.

Miami Worldcenter Releases New Renderings As Developers Seek To Modify Block D

Just days after PROFILEmiami reported that Miami Worldcenter Associates have closed on a $43 million construction loan for the retail component of the $2 billion Miami Worldcenter mixed-use mega-project in the Park West neighborhood of Downtown Miami, the developers have applied for permission to modify their design for Block D. Block D is currently under construction and the proposed changes includes the exterior finishes and façades including artwork by Franz Ackermann and integrated projected panel and fin systems. Ackermann will maintain the art for 5 years. Miami's Urban Development Review Board (UDRB) will review the proposal on January 17. Miami Worldcenter Associates, led by Art Falcone and Nitin Motwani, are developing Miami Worldcenter in partnership with Taubman Centers, The Forbes Company, and MDM Group. The master plan was designed by Elkus Manfredi Architects and the project includes the PARAMOUNT Miami Worldcenter condo tower being developed by Paramount Ventures led by Dan Kodsi, a 1,700-key Marriott Marquis Miami Worldcenter Hotel & Expo as well as a 45-story office tower being developed by Hines.

NP International Secures $158.4 Million In Construction Financing & Gears Up To Break Ground on Gables Station

NP International has locked down a $158.4 million construction loan and are gearing up to break ground on Gables Station, a transit-oriented mixed-use project with 120,000 SF of retail space, 500 residential units and 66 hotel units. Developer Brent Reynolds plans to break ground before the end of Q1 2018. The financing was provided by Bank of the Ozarks and comes on the heels of Life Time Fitness signing a lease for 90K SF of retail space at Gables Station. NP International will also provide funding to develop a portion of the proposed Underline Park. NP International acquired the land adjacent to Merrick Park and Miami's Metrorail in Coral Gables at 251 South Dixie Highway in 2016 for $60 million. Construction is expected to be completed by Q3 2020.