The Developers of The Ritz-Carlton Residences, Sunny Isles Beach Unveil Striking Pablo Atchugarry Sculpture For Miami Art Week

Marking the culmination of one of the most exciting weeks of the year in Miami, dozens of art world influentials, local luminaries and friends joined leaders with Fortune International Group, Château Group and internationally renowned artist Pablo Atchugarry for the unveiling of “Dreaming the Future,” Atchugarry’s latest sculpture.

The stunning piece, intricately carved from Carrara marble and stretching 11.5’ in height, was commissioned by joint developers Fortune International Group and Château Group for The Ritz-Carlton Residences, Sunny Isles Beach. Revealed during an exclusive on-site ceremony during Miami Art Week, “Dreaming the Future” is now seated at the base of the tower’s entrance, serving as an enduring landmark for the both the condominium and the surrounding community.

“It is an honor and a privilege to share this masterpiece with the City of Sunny Isles Beach and, by that token, all who visit South Florida’s coastline,” said Manuel Grosskopf, CEO of Château Group. “For the last two years, we have worked hand-in-hand with Pablo Atchugarry and the City to create a spectacular work of art that is truly timeless -- one sure to be admired far and wide by generations to come.”

“The synergies between fine art and luxury real estate cannot be overstated -- with The Residences being no exception,” said Edgardo Defortuna, President and CEO of Fortune International Group. “This sculpture is another jewel in the crown of our beautiful building and a tribute to the artistry, architecture and designs that define it.”

“The inspiration behind ‘Dreaming the Future’ is the promise of a bright tomorrow…one full of possibilities. I hope it will continue to inspire all who see it -- encouraging everyone to keep dreaming and be forever guided by their values and principles,” added Atchugarry.

Gathering at the 52-story project for an elegant, late-morning commemoration, guests of the Dec. 6 event included the Mayor of Sunny Isles Beach, George “Bud” Scholl; Commissioners Dana Goldman and Alex Lama; Fortune International Group President & CEO Edgardo Defortuna and Executive Vice President Ana Cristina Defortuna; Château Group father-and-son co-founders Sergio Grosskopf and Manuel Grosskopf; G.M. of The Ritz-Carlton Residences Sunny Isles Beach, Nathalie Rader; and Sales Director Isabella Holguin.

Born in Montevideo, Uruguay, Atchugarry has been widely regarded for his sculptures, which are part of public and private collections worldwide. In addition to having had works of art be sold at auctions by Christie’s and Sotheby’s in London, New York and Paris, his sculptures are currently featured in a myriad of revered galleries across the globe. Atchugarry additionally opened his own family gallery in Miami last December where his collaboration with The Residences was first announced. “Dreaming the Future,” which measures 11-and-a-half feet by four feet by two-and-a-half feet, was crafted in both Italy and Uruguay before being transported to the South Florida high-rise.

As the first building north of Bal Harbour, The Ritz-Carlton Residences, Sunny Isles Beach boasts a prime location with 250 feet of pristine beachfront. The building’s designs have been crafted by award-winning architect Bernardo Fort-Brescia of Arquitectonica with interiors by acclaimed Florentine architect Michele Bönan. Comprising 212 residences and managed by The Ritz-Carlton, the tower will have a private club level on the 33rd floor, beach restaurant, pool deck, kids club, full-service spa, fitness center and wellness center, among other top-line amenities. Residences start at $2.6 million, with the full-floor penthouse offered at $32 million.

Further highlights in each of the homes, all of which are smart-technology-ready, will include walk-in closets, laundry rooms with full-size washers and dryers, and pre-wiring for high-speed internet access and Wi-Fi. Penthouses will feature lush garden terraces spanning 2,000 SF – 4,000 SF, private pools and summer kitchens, custom-designed Italian cabinetry, service quarters, and well-appointed master suites. The sales gallery is located at 15800 Collins Avenue in Sunny Isles Beach.

For more information about The Ritz-Carlton Residences, Sunny Isles Beach, private showings or purchasing/ leasing information please fill out the form below:

Two Roads Development’s Elysee Tops Off In Edgewater

Two Roads Development and John Moriarty & Associates has officially announced the top off of Elysee, their luxurious new waterfront condo in Edgewater that now rises 57-stories, 649’. Elysee is now the tallest tower in Edgewater and roughly the 10th tallest tower in Miami. The Arquitectonica-designed tower’s striking three-tiered telescoping shape ascends into the sky, creating a bold, multi-tiered silhouette providing direct 180-degree water and city views from every residence. Elysee’s interior design concepts were designed by Paris-based designer Jean-Louis Deniot, one of the world’s preeminent talents in interior design, who is behind the building’s common area amenity spaces. Elysee features 100 residential units which span either a half floor or full floor with pricing ranging from $1.8 million to over $10 million. Completion is scheduled for 2020.

Elysee’s 7th-floor amenity level will include a luxury spa with private sauna, steam and massage rooms. For large-scale entertaining is Elysee’s Owners’ Sky Lounge, which encompasses the building’s entire 30th floor level and will be home to a big comfortable media room. Residents can also offer overnight visitors their own private accommodations in one of the building’s guest suites which were also designed by Jean-Louis Deniot. The two fully-furnished guest suites can be utilized by resident reservation only on a first come first serve basis. Similar to a hotel suite, guests would receive their very own key and elevator code, while also having access to all of the building’s amenity spaces.

For more information please visit the sales center at 2955 NE 7th St., Miami, call 305-768-9719 or visit www.elyseemiami.com.

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

Virgin Trains Announces Aventura, PortMiami & Boca Raton Stations Will Open In October 2020

Virgin Trains has announced that both the Aventura, PortMiami and Boca Raton stations are expected to come online in October 2020. Formerly known as Brightline, the train line is now in negotiations with Orlando entertainment parks and venues for a 2nd Orlando station while the Orlando International Airport station remains on schedule. Aventura will get a $77 million train station with on-site parking and a pedestrian bridge to Aventura Mall, which is the 2nd most visited mall in the United States with over 28 million visitors annually. Construction is expected to start late December 2019 to early 2020. The Boca raton station expects to break ground before the end of 2019 as well. Other stations in the works include PortMiami which is expected to open in late 2020 with construction set to begin in Q1 2020. The PortMiami, Aventura and Boca Raton stations are expected to bring an additional 2 million riders to the train system with Virgin Trains now looking at a railway expansion west of the Orlando International Airport. Virgin continues its expansion into South Florida with Virgin Voyages, Virgin Hotels and Virgin Trains.

CIM Group & OneWorld Properties Go Vertical At Mixed-Use Wynwood Square

Two tower cranes are now installed at 2201 N Miami Ave. where CIM Group and OneWorld Properties have gone vertical with the Stantec-designed Wynwood Square. When complete the mixed-use development will feature 2 towers rising 12-stories complete with 257 residential rental apartments complete with a full suite of amenities, 60,000 SF of office space, 27,000 SF of ground floor retail and 480 parking spaces. The development partnership was able to lock-down a $71.2 million construction loan from Sumitomo Mitsui Banking Corporation and completion is expected at one point in mid-2021.

Shoma Group Officially Breaks Ground On TEN30 South Beach

The Miami-based Shoma Group has officially celebrated the groundbreaking of Ten30 South Beach, a curated collection of 43 studio, one- and two-bedroom condominiums nestled in one of South Beach’s most vibrant neighborhoods. In a nod to the development’s name, the ceremonial groundbreaking was held on October 30 at 10:30 a.m. at the future site of Ten30 South Beach. The project’s development and sales teams, led by industry veterans Masoud Shojaee, CEO of Shoma Group and Edgardo Defortuna, President and CEO of Fortune International Group, hosted the event. Mike Saladino and David Muriel from the project’s architectural and interior design firm Saladino Design Studio were also in attendance as well as dozens of industry leaders, project partners, city officials and numerous other dignitaries.

Located at 1030 15th Street, Miami Beach and developed by Shoma Group, the project is poised to be South Beach’s ultimate gem located just steps from the Atlantic Ocean and the best of modern Miami Beach life. Once completed, Ten30 South beach will rise four stories and feature a sprawling 6,000 square-foot rooftop deck with a rosé-colored pool, lounge, and an outdoor kitchen area complete with barbecue and yoga space.

“We’re incredibly proud to officially break ground on Ten30 South Beach,” said Masoud Shojaee of Shoma Group. “A new standard for living in South Beach, we’re extremely pleased that Ten30 South Beach will provide residents with a premier living option just steps away from all that South Beach has to offer.”

With units ranging in size from 626 SF up to 1,196 SF and priced from the $400’s with low association fees of less than $400 per month, the project boasts state-of-the-art technology and high-end finishes. Spacious master bedrooms with a unique open bathroom concept complete Ten30’s array of amenities that tastefully create a sense of sanctuary expressed in lyrical terms.  Residences come with expansive terraces and covered parking.

“This is an exciting beginning to what will soon be an extraordinary addition to the vibrant South Beach neighborhood,” said Edgardo Defortuna of Fortune Development Sales. “We are grateful to Masoud Shojaee and the Shoma team for bringing this inspired project to South Beach and it is a privilege to manage their sales and marketing efforts.”

Ugo Colombo Completes Miami’s Tallest Condo Tower As CMC Group’s Brickell Flatiron Receives TCO

Brickell Flatiron, CMC Group’s new 64-story luxury condominium tower in Downtown Miami’s Brickell Financial District, has received its Temporary Certificate of Occupancy (TCO) from the City of Miami. The milestone opens the door for closings to get underway as buyers take ownership of their residences, begin interior build-outs, and prepare to move-in this fall. With its distinct flatiron shape and curvilinear façade designed by architect Luis Revuelta, the 736-foot-high, 64-story, Brickell Flatiron tower becomes the tallest condominium south of New York City. Approximately 95% of the development’s 527 units have already been sold, with remaining residences priced from $790,000 to $3 million, and one upper duplex penthouse for $8 million.

Brickell Flatiron has attracted a diverse mix of residents since launching in 2015, including a significant percentage of domestic buyers. While the tower has enjoyed steady sales activity among buyers from Mexico, Argentina, Italy, Venezuela and Colombia, U.S. buyers have accounted for more than half of all unit sales to date. Approximately 70% of the building’s buyers came from U.S. markets, evidence that Americans are increasingly drawn to Downtown Miami’s urban lifestyle, which comes at a fraction of the price of luxury living in other gateway cities.

“When we started developing in Miami in the early 1990s, our firm viewed Brickell and Downtown as a ‘blank canvas’ that would one day come to life as a vibrant residential and commercial district where streets were alive 24 hours a day,” said developer Ugo Colombo, Founder of CMC Group. “Brickell Flatiron stands out for its unique luxury lifestyle woven into the urban landscape and is a reflection of Miami’s coming of age as a cosmopolitan city with a thriving downtown at its heart.”

Italian design architect Massimo Iosa Ghini used inspiration from Brickell Flatiron’s curved façade to outline the building’s sleek amenity spaces, creating a seamless transition from exterior to interior. The tower’s 64th-floor rooftop amenities encompass a Sky Spa, Sky Pool and Sky Gym with 360-degree panoramic views of the bay and downtown Miami’s glimmering cityscape. Residents have access to a host of therapeutic services and other offerings including private steam, sauna and locker facilities, a 6,300 SF state-of-the-art fitness center with Pilates, yoga and aerobics studios, and a juice bar. Additional features include a resort-style lap pool and separate children’s pool on the 18th floor, private movie theater with stadium seating, billiards and cigar room, wine cellar, 24-hour concierge and valet parking, on-site vehicle washing and detailing, and electric car-charging stations.

In 2016, CMC Group completed the $22.5 million sale of Brickell Flatiron’s 24,800 square foot ground-floor retail/restaurant space. The buyer, Elysee Investments, is a firm led by Avi Dishi of New York and Haim Yehezkel of Miami, which owns and manages a portfolio of commercial properties in New York and South Florida. Exciting tenants have already signed on to lease the space, including a popular London-based Japanese entertainment restaurant concept.

Delivery of Brickell Flatiron coincides with a rapid population boom in Miami’s urban core. Downtown Miami’s residential population has more than doubled since 2000 and grown by 40% since 2010, according to a recent demographics study by the Miami Downtown Development Authority. Today, more than 92,000 people live in the area and that number is expected to eclipse 100,000 by 2021. This growth has been driven by the rise of vertical residential towers and the activation of a thriving streetscape that ranks among the world’s most dynamic urban centers.

Photos via Golden Dusk Photography

Shoma Group’s Ten30 South Beach To Break Ground October 30

Masoud Shojaee, President of Shoma Group, who over the past 31 years has developed more than 10,000 homes and condominiums, and completed over $4 billion in real estate transactions, believes the time is ripe for his new concept of moderately priced, Mid-Century Modern design-inspired Miami Beach condominiums. In a nod to the development’s name, Ten30 South Beach will break ground on Wednesday, October 30th at precisely 10:30 am.

“We saw a void in the marketplace for a project like this and believe the timing is ripe to introduce this curated collection of just 43 condominiums,” said Shojaee, one of Florida’s leading real estate developers whose vast portfolio of completed projects include the prestigious CityPlace Doral, The Flats, The Manor, Oasis Park Square and One Park Square at Doral. “There is nothing else like Ten30. We have an exceptional location in one of the hottest cities on the planet, and are offering a spectacular combination of modern design with a price point that is nothing short of compelling.”

Located at 1030 15th Street, Miami Beach, Ten30 South Beach will rise 4-stories and will offer studios, one- and two-bedroom units ranging in size from 626 SF  up to 1,196 SF. Designed by architectural and interior design firm Saladino Design Studio, Ten30 echoes the beauty of its surroundings. The building will be surrounded in greenery, natural woods and finished concrete throughout. The outdoor courtyard by the building’s entrance boasts a lounge area and a living green wall. Ten30 also will feature a sprawling 6,000 SF  rooftop deck with a rosé-colored pool, lounge, outdoor kitchen area complete with barbecue and yoga space. Residences come with expansive terraces and covered parking. The lobby interiors will showcase colorful, eclectic, Mid-Century stylish furniture and artwork. 

With state-of-the-art technology and high-end finishes, each residence will offer sophisticated technology, including the Samsung Family Hub refrigerator, which allows residents to send messages, order Uber rides, play music or see inside their fridge and browse the internet for recipes using available ingredients. Italian-designed chef caliber kitchens, Bluetooth enabled keyless entry with cameras that offer complete control through a homeowner’s mobile phone and spacious master bedrooms with a unique open bathroom concept complete Ten30’s array of amenities that tastefully create a sense of sanctuary expressed in lyrical terms.

“Ten30’s distinctive design will pay homage to Palm Springs and the Miami Beach of yesterday with a modern twist and a boutique oasis feel,” said Mike Saladino of Saladino Design Studios.

“We look forward to the materialization of this project and its aesthetic addition to the neighborhood,” added Sean Saladino of the namesake firm.

“This project is designed to ensure residents can experience all that South Beach has to offer,” said Edgardo Defortuna, President and CEO of Fortune International Group. “Ten30 truly sets itself apart with an unparalleled location and luxurious design and is an ideal primary or secondary home. It is a privilege to manage their sales and marketing efforts.”

Pricing at Ten30 starts from the $400’s with low association fees of less than $400 per month and is being exclusively marketed and sold by Fortune Development Sales.

Turnberry Ocean Club Tops Off In Sunny Isles Beach, On Track For Spring 2020 Completion

Fontainebleau Development, one of America's premier real estate development and hospitality groups, announced its final construction milestone of Turnberry Ocean Club with the topping off of the 54th floor. The all-glass, ultra-luxe residential development, which is being built under the vision of Jeffrey Soffer, CEO of Fontainebleau Development, is on track for completion in Spring 2020. The Carlos Zapata and Robert Swedroe-designed, contemporary masterpiece is enveloped by 70,000 SF of lavish amenities throughout six floors and deftly structured such that each of the 154 glass-encased residences doles out sunrise and sunset views. 

 What’s so special here is that the lifestyle goes beyond the four walls of the tower, living at Turnberry Ocean Club Residences means being a part of the Turnberry family with exclusive off-site access to South Florida’s elite country club, private FBO and private marina,” said Jeffrey Soffer, CEO of Fontainebleau Development. “Our staff who’s worked within our developments for 20+ years know each resident by name and their preferences, no detail/request is too small, each resident will feel a sense of pride and privacy as an owner should. 

As one of the tallest towers on the Atlantic coast line, Turnberry Ocean Club will offer unrivaled world-class services and over 70,000 SF dedicated to amenities, including its signature three-level private club, The Sky Club. Soaring more than 300’ above the ocean, the in-residence, private club will feature two cantilevered pools, multiple indoor and outdoor spaces for entertainment, two private dining restaurants, a full floor dedicated to health and wellness. 

Turnberry Ocean Club is located at 18501 Collins Ave. in Sunny Isles Beach and is on track for completion in Spring 2020.

Blue Jay Capital Gearing Up To Break Ground On Virgin Hotels Brickell Tower With Co-Living

Blue Jay Capital is getting ready to break ground on a 40-story hotel project at 1040 S. Miami Ave. which will be Miami’s first Virgin Hotels location with a second location planned for South Beach. Virgin Hotels Brickell Tower is designed by the Atlanta-based BLUR Workshop. The Brickell property will feature 250 hotel rooms, 150 residential units, a 3-story terraced rooftop lounge with pool, library, coffee shop, beer garden, live music venue, spa, restaurant, bar, social club and 15,000 SF of meeting and event space. The residential component will offer micro units, some of which will be under 400 SF, as well as co-living units with 3-4 bedrooms. The hotel and residential components will share the amenities. Groundbreaking is expected for 2020 with an expected completion date in 2023.

Starwood Capital Group To Break Ground On Office Building At 2340 Collins Avenue In South Beach

Starwood Capital Group has filed construction and demolition permits to build a new commercial building at 2340 Collins Avenue in South Beach which will feature both office space and retail. The project will offer 136,342 SF of office space, 8,088 SF of retail which will also feature restaurant space and 305 parking spaces. The project, which is located across from 1 Hotel where the old Avis rental car stands and next to The Gates Hotel South Beach, will also bring a pedestrian paseo with lush landscaping and water features to the property. A joint venture between Coastal Construction and Brodson Construction will be the general contractor for the project.