Casa Bella Residences by B&B Italia Locks Down $240 Million In Financing Following Groundbreaking
Related Group and partner Alta Developers have closed on $240 million in financing for the highly-anticipated residential tower, Casa Bella Residences by B&B Italia (Casa Bella), which broke ground earlier this month in Downtown Miami’s burgeoning Arts and Cultural District. The loan was provided by Cain International (Cain) — a privately held investment firm with over $16 billion in assets under management.
Related Group and partner Alta Developers have closed on $240 million in financing for the highly-anticipated residential tower, Casa Bella Residences by B&B Italia (Casa Bella), which broke ground earlier this month in Downtown Miami’s burgeoning Arts and Cultural District. The loan was provided by Cain International (Cain) — a privately held investment firm with over $16 billion in assets under management. The capital infusion will fund the construction of the 56-story Italian-inspired condominium tower, which is slated to reach completion in 2026.
“We’re proud to partner with Cain to bring Casa Bella Residences by B&B Italia to life,” said Nick Pérez, President of Related’s Condominium Division. “This collaboration underscores our commitment to creating an exceptional residential product that will enhance and elevate the surrounding neighborhood. The capital infusion strengthens our ability to deliver on this commitment, as we redefine the standard for design-driven living within one of Miami’s most in-demand residential destinations.”
Located at 1400 Biscayne Boulevard, Casa Bella represents the first residential partnership for the famed Italian design house, B&B Italia, known around the world for its high-end collaborations with legacy brands such as Rolex, Hermès, and Rolls-Royce. With architecture by Arquitectonica and interiors by renowned designer Piero Lissoni — who also serves as creative director for B&B Italia — and the B&B Italia team, every aspect of the building is envisioned as an oasis, offering a refined Miami aesthetic rooted in contemporary Italian design.
The transaction builds upon Cain’s existing investments in Miami which include 830 Brickell, Una Residences and The Delano. Cain has originated over $7.5 billion in loans globally since its founding in 2014 and has committed over $2 billion in new loans throughout the United States since 2019.
“This was an opportunity to build on the core principles that have guided our lending strategy to date; working with outstanding sponsors to deliver exceptional assets in markets we believe in,” said Matthew Rosenfeld, Head of U.S. Debt at Cain International. “We are thrilled to be partnering with Related as they continue to shape the future of this leading global city.”
Newmark arranged the transaction with a Debt and Structured Finance team led by Co-Presidents Jordan Roeschlaub and Dustin Stolly alongside Executive Managing Director Nick Scribani, and Holden Witkoff.
Over 80% of Casa Bella’s 319 residences are now in contract. Earlier this year, Casa Bella set a price record with a contract signed for a 5,893-square-foot triplex penthouse for $12.6 million, or $2,138 per square foot, signifying the neighborhood’s most expensive condominium sale on a price-per-square-foot basis.
The residences at Casa Bella range from one to four bedrooms and feature soaring ceilings, sweeping views, private elevator access, state-of-the-art kitchens with Sub-Zero and Wolf appliances, and an exquisite selection of European fixtures hand-picked by the B&B Italia team. Casa Bella’s Penthouse Collection comprises 10 meticulously designed homes with seven distinct floor plans, the crown jewel of which is a pair of 54th-floor triplex residences with private rooftop terraces, each featuring spa pools and indoor/outdoor summer kitchens with panoramic water views. The 54th floor is also home to two duplex penthouses, spanning 4,100 and 4,560 square feet.
To further elevate the luxurious lifestyle experience, Casa Bella offers two full floors of amenities complete with stunning vistas overlooking Biscayne Bay. Offerings include a spacious venue for hosting events, a wine vault and private tasting lounge, as well as a plush private theater and co-working spaces. A world-class wellness center caters to fitness-minded residents, featuring professional-level equipment, as well as dedicated yoga and spin rooms, while the spa facilities offer an array of on-demand services including massages, facials, blowouts, and manicure/pedicures.
Outdoors, landscape architect Enzo Enea envisioned a pool deck with lush Italian-inspired gardens to create an oasis within Downtown Miami. The 80-foot lap pool is surrounded by private cabanas and shaded lounge areas, as well as an open-air lawn for yoga and meditation. A poolside bar and Mediterranean café will have light bites and refreshments on offer. On the 56th floor, residents can access the tower’s rooftop pool and terrace, which is complete with a state-of-the-art observatory.
Fortune International Realty is the building’s exclusive sales and marketing agent with a sales team led by Olga Monson.
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.
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.
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.
Oak Row Equities and L&L Holding Company Top Off 'The Wynwood Plaza' One Million SF Mixed-Use Campus
L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have topped out the 12-story boutique office tower at The Wynwood Plaza, a 1 million-square-foot mixed-use campus under construction in Miami’s vibrant Wynwood Arts District. The development will be defined by a half-acre, lushly landscaped public plaza by urban design practice James Corner Field Operations.
L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have topped out the 12-story boutique office tower at The Wynwood Plaza, a 1 million-square-foot mixed-use campus under construction in Miami’s vibrant Wynwood Arts District. The development will be defined by a half-acre, lushly landscaped public plaza by urban design practice James Corner Field Operations.
In addition to the 266,000-square-foot, Class AAA state-of-the art office tower designed by renowned architectural firm Gensler, The Wynwood Plaza will encompass a residential building featuring 509 high-end rental apartments, indoor and outdoor shops, cafes and restaurants. The office tower places a premium on occupant health and wellness with a center core and efficient floor plates, column-free spaces with private tenant terraces and floor-to-ceiling windows for abundant natural light. Located at 95 NW 29th Street, The Wynwood Plaza is slated for completion in the first quarter of 2025. The spectacular outdoor plaza will be the largest in the Wynwood Arts District and one of the largest in all of Miami.
Prominent investment firm Claure Group, led by Marcelo Claure, will establish its 25,400-square-foot headquarters across the entire eighth floor. Additionally, acclaimed national law firm Weitz & Luxenberg will open its first Miami office with 18,000 square feet across the second floor. Moss is currently constructing the superstructure with subcontractor Tekton.
“This important milestone is a testament to the collective vision, extensive abilities, and unwavering commitment of our team and partners,” said David Levinson and Robert Lapidus of L&L Holding Company. “As the only new office tower delivering in Miami in early 2025, The Wynwood Plaza will see high demand from a variety of leading companies that value creativity, collaboration and productivity.”
“The rapid rise of this Class AAA office tower - and the pace and quality of construction at The Wynwood Plaza overall - showcases the leadership and efficiency of all collaborators involved with this exceptional mixed-use development,” said Erik Rutter and David Weitz of Oak Row Equities. “The caliber of tenants already committed showcase the tower's superiority in the marketplace and top-tier firms from a diverse range of industries demanding high quality design and an array of amenities from the center of Wynwood will follow suit for an incredible tenant mix.”
Office tenants will have access to an array of indoor and outdoor amenities at the tower, including a fitness club, cafe and bar lounge, conference and collaboration spaces, and expansive rooftop. The tower will also feature best-in-class air filtration, touchless entry and elevator systems, as well as rapid connectivity and a dedicated parking garage.
Construction is progressing steadily at The Wynwood Plaza’s rental apartments, which will feature 8’-6” to 10’-6” tall windows, state-of-the-art appliances, stunning finishes and flexible layouts. An expansive amenity package will include four activated rooftops with a sports court, two outdoor pools with showers, a sauna, hot tub and cold plunge pool and a glass atrium with co-working spaces, private phone rooms and a game lounge. Residents will also enjoy a modern fitness center with top-of-the-line equipment and dedicated areas for yoga and much more.
The Wynwood Plaza will include 32,000 square feet of retail, including 6,600 square feet of outdoor dining. An eclectic mix of lifestyle boutiques, curated storefronts, convenience locations and fast casual spots are envisioned for the campus. Situated on a main pedestrian thoroughfare, the airy, stylish spaces will feature full glass storefronts with the opportunity for impactful exterior signage.
Images via Shootin | Renderings via Gensler
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.
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 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.
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.
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.
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.
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EDITION Hotels And Location Ventures Break Ground On EDITION Residences Fort Lauderdale
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. EDITION Residences Fort Lauderdale will continue to raise the bar as it attracts discerning buyers who seek upscale amenities paired with a South Florida lifestyle.
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.
Fouquet’s Hotel & Residences, Miami Design District has unveiled more than 40,000 square feet of amenities designed by RDAI, the Paris-based studio behind Hermès stores worldwide. The 143-residence development pairs rooftop leisure and wellness spaces with direct access to an 85-key Fouquet’s hotel.