The Tampa EDITION Launches Sales Center At Water Street Tampa

The Residences at The Tampa EDITION have recently launched sales for the city’s first five-star hotel-brand inside Water Street Tampa. The project was developed by Tampa-based firm Strategic Property Partners. The new sales gallery opening will allow buyers to view residences’ interiors and layouts first-hand for the 37 residences featured in the building. The Tampa EDITION will be the third EDITION Residences offered around the World. 

"We are thrilled to introduce this unmatched residential offering to Tampa,” said Bob Glaser, CEO and President of Smith & Associates, the brokerage responsible for residential sales at The Tampa EDITION. “Serviced by the world-renowned EDITION brand and providing immediate access to the best shopping, dining and cultural institutions the city has to offer, The Residences at The Tampa EDITION are unlike any other product in the history of Tampa. It’s gratifying to see such an incredible response from the market, as well as the enthusiasm from our buyers who recognize how special these homes are.” 

The Tampa EDITION features luxury condos by world-renowned architecture firm Morris Adjmi Architects. Interiors are inspired by AD 100 design firm Roman and Williams. Residences will offer indoor-outdoor living with expansive floor-to-ceiling windows and sliding glass doors leading to wraparound terraces. Residences will also have access to private amenities and residential services programmed by The EDITION. Amenities include a residents-only fitness center, social kitchen and lounge, private residential lobby access, private residents’ elevators and a residential Lifestyle Manager. Residents will also be able to enjoy EDITION Hotel benefits including a rooftop terrace, pool, and priority access to reservations at the restaurants. Residences will begin on the 10th floor situated above the 172-key EDITION Hotel. The building will have views of Hillsborough Bay and Downtown Tampa. 

The Tampa EDITION is located in the neighborhood connecting Tampa’s central business district with its waterfront. Construction is well underway and the first contracts for The Residences are already being signed. Pricing for available residences starts at $2 million. Smith & Associates will be the exclusive sales agent representing The Residences at the Tampa EDITION. 

East End Capital Receives Approval For Kobi Karp-Designed Co-Living Project, FOYER Wynwood

East End Capital, led by Jonathan Yormak, received approval from Miami’s Planning & Zoning Department for FOYER Wynwood on December 1. FOYER Wynwood is a co-living, mixed-use project at 2400 North Miami Ave. which is now pending a construction permit and demolition permit for remaining structures on the site. FOYER Wynwood is designed by Kobi Karp Architecture & Design and when complete will feature 375,000 SF of total development splits between 236 apartment units, 12,528 square feet of retail, 7,497 square feet of restaurant space and 400 parking spaces.

FOYER Wynwood will feature affordable co-living and micro-unit options in the apartment portion, together with co-workspaces and other amenities. In conjunction with the development, East End has launched the new “FOYER” brand to operate and manage this project as well as all the other co-living apartment projects in its pipeline.

All FOYER projects will include high ratios of furnished micro-units and co-living bedrooms with ensuite bathrooms, together with traditional studio, one- and two-bedroom units. Monthly rents for co-living bedrooms at FOYER Wynwood, which include the furnishings, electricity, common area cleaning, and WiFi, are expected to start around $1,500 per month.

FOYER Wynwood will also offer an abundance of shared amenity space, including a gym focused on functional training, a juice and coffee bar, an expansive pool deck, a chef’s kitchen and entertainment space, collaborative co-working and art studio areas, and state-of-the-art podcast and green-screen studios.

FOYER Wynwood will continue the renaissance occurring along North Miami Avenue, and is located near notable attractions such as Veza Sur Brewery, The Wynwood Arcade, Oasis, The Salty, and the planned Arlo Hotel. Construction is expected to commence in early 2021.

Ten30 South Beach Hosts Socially Distant Party To Celebrate Top Off

Shoma Group officially topped off construction at Ten30 South Beach, a luxury boutique condominium scheduled to open in 2021. The developer teamed up with the project’s exclusive sales broker Fortune Development Sales to host a ceremony to commemorate the occasion. The topping off ceremony included real estate brokers, VIPs, community leaders and partners in the project invited to a socially distanced cocktail party with music and hors d’oeuvres. 

“We’re extremely proud to celebrate this construction milestone and cannot be more pleased to be one step closer to completion. Seeing Ten30 begin to take shape is a stunning moment for our team as it underscores the continued progress as we bring this compelling project to life,” said Masoud Shojaee, President and CEO of Shoma Group. “We look forward to delivering Ten30 South Beach and welcoming our residents in the new year.”

Ten30 is a four-story building that features 43 residences built in a mid-century modern design. Residences range from studios up to two-bedroom units. Amenities will include a 6,000 sq.ft. rooftop deck, a rosé-colored pool, outdoor kitchen area, BBQ stations and an extensive gym. 

“Ten30’s contemporary residences offer buyers a truly refined and elevated living experience with thoughtfully designed layouts in the heart of South Beach,” said Edgardo Defortuna, President and CEO of Fortune International Group. “We’ve continued to see a strong interest from prospective buyers locally, internationally and particularly from the Northeast, and we look forward to continuing our forward momentum.” 

1030 15th Street is located just minutes away from Lincoln Road, Sunset Harbor and Flamingo Park. The project is a unique luxury retreat compared to the high-rise condos surrounding South Beach.

PMG Reveals MKDA-Designed Society Wynwood After Acquiring Final Piece of Assemblage For $11.5 Million

Property Markets Group (PMG) and Greybrook Realty Partners have submitted their plans for Society Wynwood for approval by the Wynwood Design Review Committee after acquiring the final piece needed for their 1.93 acre assemblage. The JV between PMG and Greybrook acquired 2407 NW 2nd Ave. for $11.5 million from a JV between RedSky Capital and JZ Capital Partners. The PMG and Greybrook JV acquired 1.6-acres at 2421-2455 NW 2nd Ave. in August 2019 for $46 million from the Doris D. Friedopfer Trust. Society Wynwood is part of PMG’s social community initiatives and when complete will span 522,008 square feet.

Society Wynwood will include 326 residential units, 41,258 square feet of retail space, 211 parking spaces and a 3,980 square feet underground lounge. The unit breakdown includes 96 studios spanning 410 square feet, 30 one-bedroom units spanning 654 square feet, 72 two-bedroom units spanning 780 square feet, 114 three-bedroom units spanning 1,190 square feet, and 6 four-bedroom units spanning 1,370 square feet. The building is designed by MKDA and features an interior courtyard, rooftop bar and restaurant, rooftop pool and spa deck with an outdoor theater, yoga area and BBQ area. The project will also feature murals on the side painted by Alexandre Farto, paying homage to Wynwood’s street art culture. Additionally, PMG will contribute to the Wynwood Public Benefit Trust Fund in exchange for a parking reduction of 192 parking spaces. The transit oriented project already benefited from a 30% parking reduction due to proximity to public transportation.

Scott Sherman’s Tricera Capital has a deal to acquire the commercial spaces upon completion of the project. PMG plans to break ground on Society Wynwood project in early 2021.

Over 6 Months Terra Signed Nearly 60,000 Sq.Ft. In New South Florida Retail Leases

Terra has been one of South Florida’s most active in real estate development through the pandemic. Within the last 6 months Terra has signed nearly 60,000 sq.ft. in new retail leases across Miami-Dade and Broward Counties. Newly signed tenants include Verizon Wireless, AT&T Wireless, Mister 01 Pizza, Panda Express, Pilates Zone and more. Terra is a residential and commercial development firm and investment company that enhances neighborhoods to connect people and better the community. Courtelis Company oversees the leasing and property management for Terra’s portfolio. 

“Because COVID-19 has made a tremendous impact on the economy and will continue to reshape the market as we know it, we are committed to listening to our neighbors, collaborating with partners, and creating developments that are naturally woven into the community,” said David Martin, CEO of Terra. “We anticipate a continued need for lifestyle-centered developments that will serve at the pulse of South Florida’s neighborhoods featuring restaurants and retailers, as well as essential services such as grocers and local businesses that cater to the everyday needs of surrounding residents.” 

 “In addition to signing new leases, we’re focused on helping consumers navigate our retail centers in a responsible and efficient manner,” said Rod Castan, president of leasing and management for Courtelis Company. “We’ve provided tenants with access to take-out/short-term parking spaces, ample outdoor seating, cueing areas and temporary signage to increase tenant visibility. Although it’s been a challenging year, the hands-on approach has remained the best way for us to conduct business and maintain relationships with our retailers.”

Terra’s newly signed leases at retail developments in South Florida include: 

• 16000 Pines Market: A 135,000 sq.ft. mixed-use retail development that is now underway and is located in the City of Pembroke Pines. Publix Super Markets is the anchor tenant and has signed a 23,168 sq.ft. lease. Additional leases are signed by Verizon Wireless and Everglades Family Dental.

• Doral Square: Located in the City of Doral is the 150,000 sq.ft. retail center. Ross Dress fo Less is the anchor tenant and has signed a 24,147 sq.ft. lease. An additional lease is signed by Panda Express.

• 2811 Coral Way: Located in Miami is the newly completed mixed-use retail/self-storage development. Businesses with finalized retail leases include Pilates Zone, La Roche Beauty Salon, AT&T Wireless, and dental orthodontics laboratory Arcadlab.

• Pines City Center: Located in the City of Pembroke Pines is the 150,000 square foot mixed-use lifestyle development that spans across 47-acres and is opening their second phase of retail. A 1,525 sq.ft. lease is signed with Mister 01 Extraordinary Pizza that represents the modern pizza chain’s first Broward County location. The development’s first phase included a a Publix Supermarket.

Tricera Capital, LNDMRK and Related Group Break Ground On The Dorsey In Wynwood

The Related Group, Alex Karakhanian’s LNDMRK Development, and Scott Sherman’s Tricera Capital have broken ground on The Dorsey in Wynwood. The Dorsey is a mixed-use project which will rise 12-stories and will feature 306 apartment units; 35,000 SF of retail; 70,000 SF of office and 476 parking spaces. Units will range in size between 500 and 700 square feet with some micro-units in the 400 square foot range. The project was designed by Arquitectonica and will be located along one of the planned Woonerfs as part of Wynwood’s new ArquitectonicaGEO-designed streetscape, which open up space for pedestrians while also allowing car access.

“We are proud to partner with Related and Alex karakanian on this mixed use project in the most dynamic and growing neighborhood in Miami,” said Scott Sherman of Tricera Capital.

The Dorsey will be built at the site of the former Coca Cola plant and was previously owned by Thor Equities and Rockwood Capital who had proposed a Touzet Studio-designed project. The JV, which purchased the 2-acre site in late 2019 for $32 million, demolished existing buildings on the site, some of which were originally built in the late 1920’s including the former Coca Cola plant. The Dorsey will be located at 280 NW 28th Street.

Brightline And Disney Announce Plans To Build A Train Station In Walt Disney World Connecting To Orlando International Airport And Miami

Brightline has recently announced a plan to build a new train station at Walt Disney World in Orlando, connecting directly to Orlando International Airport and Miami. Brightline, who currently operates trains between Miami and West Palm Beach, has been seeking expansion to Orlando since launching in 2018. The next stop will be Orlando International Airport, expected to be completed by 2022, with future plans to extend to Walt Disney World. The new Disney station will open in the Disney Springs complex, a popular spot for dining and entertainment such as live music and shows. 

Millions of people visit Disney World every year. Brightline’s new train will make easy access for Disney tourists flying into Orlando International Airport, and also will allow visitors from Miami to travel directly to Disney World without a car for the first time. The train service from Miami to Orlando International Airport is on schedule to begin in 2022, but there is no set timeline for the Disney World station yet. Brightline is also currently working on engineering a future expansion to Tampa. The Brightline was developed by Florida East Coast Industries.

Wynwood's Newest Class-A Kobi Karp-Designed Office Building, The Gateway, Tops Off

The Gateway at Wynwood has just topped off at 13-stories by R&B Realty Group. The project is a Class-A office building in Wynwood’s emerging neighborhood and new office submarket. The Gateway will feature 195,000 sq.ft. of leasable office space, private rooftop terrace and 25,900 sq.ft. of retail space on the ground floor. 

Shelby Rosenberg, Principal of R&B Realty Group, said, “This is one of the most important moments in the construction of a commercial project, especially as we are ahead of schedule amidst the pandemic. We are excited to see The Gateway at Wynwood is a step closer to reality. Our project will contribute to the transformation of Wynwood into a 15-minute city, where people can access their office, home, the grocery store, restaurants, and more within a 15-minute walk. We want to thank the city, the area’s stakeholders, our construction and design team, and all our partners for trusting us and helping The Gateway at Wynwood reach this important milestone.”

Plaza Construction is The Gateway’s general contractor and Kobi Karp is the architect. The 13-story building is estimated to be complete in the second half of 2021 and is currently ahead of schedule. 

"Despite the challenges that COVID-19 has posed across our industry, we are proud to have been able to reach this milestone on time and without incident,” said Brad Meltzer, president of Plaza Construction. "We prioritized the health and safety of all stakeholders with great success, and we look forward to continuing to deliver exemplary construction services to the South Florida market and beyond."

Wynwood is Miami’s newest and emerging office submarket and a hub for creative and innovative businesses. Many well known companies have already re-located office space to Wynwood including Spotify, WeWork, and Live Nation with other big names including Google, Apple Music and Dentsu looking to move into the area.

Stephen Rutchik, Colliers International Florida’s Executive Managing Director who handles office leasing for The Gateway at Wynwood said: “We are actively engaged with prospective tenants that are attracted to Wynwood because of its ‘live, work, play’ environment. This area has become a mecca for art, food, and entertainment just north of downtown Miami. While a few companies are hesitant to sign new leases just now, they do know exactly where they want to be … and that is Wynwood. We expect many of the deals in the pipeline for The Gateway at Wynwood will come to fruition as we get closer to completing the building later next year.”

The Gateway at Wynwood is located at 2916 N Miami Ave, a desirable location just a few minutes away from Downtown Miami, Aventura and Miami Beach. The area is also very close to Miami Internation Airport and PortMiami attracting many visitors and tourists all year round.

ReefLine, Miami’s First Underwater Sculpture Park, On Track To Open Phase One In December 2021

Miami’s first underwater environmental public art project, to be known as ReefLine, is on track to open Phase 1 in December 2021. The project will be built in several phases with Phase 1 spanning one-mile long. The project is designed by OMA / shohei shigematsu in collaboration with a team of marine biologists, researches and coastal engineers whose goal is to protect and preserve the city’s marine life. The installation will feature environmentally-functioning artworks by major international artists and designers. ReefLine will begin in South Beach and run north, providing a critical habitat for endangered reef organisms, promoting biodiversity and enhancing coastal resilience.

The project will span 7 miles underwater and attract both art lovers and eco-friendly tourists to view the underwater sculpture park via a snorkel trail. ReefLine is being developed by BlueLab Preservation Society, led by Ximena Caminos, in partnership with the City of Miami Beach and Coral Morphologic.

Aston Martin Residences In Miami Unveils First Aston Martin DBX In The Americas For Buyers The Tower's Signature Residences

Yesterday Aston Martin Residences in Miami unveiled the first Aston Martin DBX in the Americas. Buyers of the Signature residences will receive the new DBX, Aston Martin’s first SUV model part of the Aston Martin Art of Living. Alejandro Aljanati, CMO of G&G Business Developments, and Nicolette Brent, UK Consul General for Florida unveiled the DBX at the Aston Martin Residences sales center. Owners of the Signature residences, condos line 01, will have be able to choose from a DBX Riverwalk Edition or DB11 Riverwalk Edition to complement their new home. Aston Martin Residences is a 66-floor luxury development created by G&G Business Developments with construction of the sail-shaped tower scheduled for completion in 2022.

“We’re delighted that the first customer DBX built for The Americas is here in Miami. This brand-new Aston Martin joins our DB11 and Rapide S sports cars, enabling purchasers of the Signature condos to test drive the DBX and the DB11 directly from our Sales Centre before deciding which Aston Martin is right for them,” said Germán Coto, CEO of G&G Business Developments. “The fleet at the Aston Martin Residences forms part of our exclusive butler service, which enhances the ownership experience by offering personal support for our valued clients and VIP guests.”

DBX is Aston Marin’s first model to be “Made in Wales” from their assembly plan in Wales at St. Athan. DBX celebrates Aston Martin’s unmistakable style, design and language in a brand new SUV form. DBX features sophisticated 22” sport wheels, an Obsidian Black interior, Piano Black Wood Veneer and Satin Chrome detailing to make a bold statement. DBX resembles a new era of Aston Martin to deliver exceptional performance and live up to the world-famous manufacturer’s quality and unique aesthetic.