Neology Life Development Group Delivers The First Lifestyle Driven Multifamily Tower In Miami's Allapattah Neighborhood
Neology Life Development Group, led by Miami’s leading Hispanic female developer Lissette Calderon, has delivered No.17 Residences Allapattah. Located in Allapattah, bordering the western edge of Miami’s Health District and the Miami River, the residential development at 1569 NW 17th Ave is a 192-unit attainable luxury rental apartment building.
Neology Life Development Group, led by Miami’s leading Hispanic female developer Lissette Calderon, has delivered No.17 Residences Allapattah. Located in Allapattah, bordering the western edge of Miami’s Health District and the Miami River, the residential development at 1569 NW 17th Ave is a 192-unit attainable luxury rental apartment building in Miami’s richly historic and newly rediscovered Fruit Packing District. 50% of the units were preleased at the time of delivery and residents have begun move-ins.
No.17 Residences Allapattah is developer Lissette Calderon’s first ground-up residential project delivered in the area. The project was designed by Behar Font Architects and construction was led by Jaxi Builders.
“Much like we did 20 years ago when we pioneered the renaissance of the Miami River, we are excited to be at the forefront of reimagining this neighborhood and bring Allapattah back to life,” said Lissette Calderon, president and CEO of Neology Life Development Group. “As Miami’s last original, authentic neighborhood yet to be revitalized, Allapattah made sense for us to write its next chapter and we’re excited to make the vision a reality beginning with the opening of No. 17 Residences.”
Apartment units at No. 17 Residences Allapattah feature energy efficient, stainless-steel appliances, designer cabinetry, quartz countertops, in-home washers and dryers, expansive City and River views and balconies in select units. As additional amenities, residents will also have access to smart package lockers including valet dry cleaning, coffee bar, complimentary wi-fi, covered parking garage, bike storage and digital access control throughout the premises. In addition, No. 17 Residences Allapattah will include seven unique ground-floor, work and live walk-up units with 12 to 18-foot ceiling heights.
Units at No. 17 Residences range from studios, one-, two-, and three-bedrooms ranging from 500 SF to 1,300 SF in size and will feature spectacular sweeping views of the Miami River and the city skyline. Rental rates start at $1,300 per month.
As a special nod to the area’s cultural appeal, Neology Life commissioned two prominent local artists to deliver street and mural art designs throughout the interior and exterior of the building including the Bollee Patino’s signature exterior marquis mural fittingly named “Rise Above.” Welcoming residents in the lobby is his 15-foot mural, “Be Yoursel Ballarina,” internationally acclaimed contemporary mix-media artist, Bollee’s first piece in Miami. The project also features signature murals by established Miami artist, Carlos Navarro, throughout the building including his piece “Strength.”
Amenities include a ground floor The Urban Park, which features an expansive green area with a children’s playground, a dog park and landscaping as well as a rooftop sky lounge with city and riverfront views. Other amenities include a movie screen on the 14th level and a swimming pool, outdoor living room with a summer kitchen, cabanas and sun deck on the fifth floor, a ground level features a fitness and wellness center including virtual classes, as well as a private zoom room and lobby living room with resident lounges for coworking and socializing.
The delivery of No. 17 Residences ushers in a new era for Allapattah, which is experiencing significant investments in real estate, arts and culture. New York-based Pace Gallery announced it chose Allapattah as the location of Superblue Miami, the immersive installation that will encompass an abandoned, 50,000SF warehouse opening this spring. The installation will be located near the Rubell Museum, home to 7,200 art pieces and the fine-dining restaurant Leku, which relocated from Wynwood after 26 years there. The neighborhood has also attracted new dining concepts such as New York staple Hometown BBQ, which chose Allapattah to make its Florida debut, and the recently opened Tayrona Restaurant + Patio from the owners of Wood Tavern in Wynwood.
OKO Group and CAIN International Lock Down $128.3 Million Construction Loan For Una Residences
OKO Group and Cain International have secured $128.3 million in construction financing for Una Residences. The senior debt, which was provided by Bank OZK, will fund the ongoing development of the 47-story luxury condo tower, which broke ground in May 2020 and has over $75 million in sales over the past four months.
OKO Group and Cain International have secured $128.3 million in construction financing for Una Residences. The senior debt, which was provided by Bank OZK, will fund the ongoing development of the 47-story luxury condo tower, which broke ground in May 2020 and has over $75 million in sales over the past four months.
The Walker & Dunlop team led by Senior Managing Directors & Co-Heads of New York Capital Markets Keith Kurland, Aaron Appel, and Adam Schwartz along with Managing Director Michael Diaz and Director Sean Bastian represented the developers in the transaction. Weil Gotshal & Manges served as counsel for the sponsor/developer, while King & Spaulding served as counsel for Bank OZK.
Una Residences sits on one of the last developable parcels of waterfront land in Brickell in the South Brickell enclave at 174 SE 25th Road and will become the first waterfront residential tower to deliver in the neighborhood in over a decade upon its completion in 2023. The tower is being developed by a partnership between OKO Group, the luxury development group helmed by international real estate mogul Vladislav Doronin, and Cain International, a privately held investment firm with over $6.3 billion in real estate equity, debt, and leisure-focused investments.
“Miami’s increasing global appeal is drawing families to live and businesses to invest in high quality real estate, particularly rare and exclusive offerings such as Una Residences; one of the last opportunities to buy a waterfront property in one of Miami’s most desirable neighborhoods,” said Vladislav Doronin, Chairman and CEO of OKO Group. “We are seeing this trend of moving to Miami accelerate at an unprecedented rate, attracted by the many benefits including its sunny weather, quality of life, status as a global destination and its tax incentives. As construction progresses on site at Una Residences, we anticipate a beneficial and successful relationship with all parties involved in this project.”
Una Residences was designed by Adrian Smith + Gordon Gill (AS+GG) and the tower will offer 135 spacious two-to-five bedroom condominiums with unobstructed views of the Atlantic Ocean, Biscayne Bay, and city skyline. Residences are priced from $2 million to $7.4 million, with two ultra-exclusive penthouses priced up to $21.6 million.
"We firmly believe the Miami market is well-positioned for future growth as a global gateway city, with continued demand for new residential property coming from both foreign and domestic buyers. Closing this financing with Bank OZK is a significant milestone for Una Residences and for the broader Brickell residential market," said Jonathan Goldstein, CEO of Cain International. "With its unique position overlooking Biscayne Bay, close proximity to Key Biscayne, Brickell and Coconut Grove, and access to incredible lifestyle amenities, Una Residences is truly one-of-a-kind and we look forward to advancing towards completion with our partners."
Amenities include three swimming pools, a children’s splash-pad area and playroom, a movie theater, an Aman Resort-inspired spa and steam room, a state-of-the-art fitness center featuring yoga and personal training facilities, onsite dining, and more. Una’s amenities will also extend beyond the property, as residents will receive exclusive membership access to the Grand Bay Club on the beachfront of Miami’s Key Biscayne.
“The fundamentals of the Una Residences project met the high standards Bank OZK consistently seeks in our credits – marquee real estate, strong market fundamentals and top-tier sponsorship,” stated Greg Newman, Managing Director of Originations for Bank OZK’s Real Estate Specialties Group. “OKO Group and Cain International are developing a best-in-class option in the Miami market, with amenities and an unrivaled setting that delivers an exceptional quality of life to residents. We appreciate the opportunity to participate in this project as the sole senior secured lender and look forward to a very successful execution.”
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Miami Design District Becomes The First Neighborhood In The World To Achieve LEED Gold Certification
The Miami Design District has achieved the prestigious LEED Gold certification, becoming the first neighborhood in the world to achieve the Gold level (LEED ND: Built v4 Gold). Miami Design District marks the third neighborhood in the world to achieve LEED certification.
The Miami Design District has achieved the prestigious LEED Gold certification, becoming the first neighborhood in the world to achieve the Gold level (LEED ND: Built v4 Gold). Miami Design District marks the third neighborhood in the world to achieve LEED certification, which means “Leadership in Energy and Environmental Design,” for Neighborhood Development (version 4 Built). The trendy, luxury shopping, art and entertainment enclave is setting the bar for sustainable development in communities across the country.
Miami Design District is home to a number of luxury fashion houses, art galleries, fine dining experiences, and cafés. The open-air, pedestrian-friendly neighborhood, known for its many distinct and artistic façades, notably boasts a highly energy-efficient infrastructure.
Amongst the many sustainability aspects of the neighborhood’s redevelopment focus, several to highlight include: the re-infiltration of rainwater and restored natural hydrology made possible by the additions of expansive vegetated and high-albedo white roofs and tree-shaded streets, enhanced walkable streets and pedestrian walkways that promote community connectivity and encourage visitors to spend more time outdoors, and the integration of innovations from other Green Building Standards, including the WELL's feature "Beauty and Mindful Design," which incorporates different design elements and artwork that lend to a more calming environment.
In 2011 Island Planning Corporation (IPC) was brought in by DACRA and L Catterton Real Estate to design the Landscape Masterplan for the neighborhood. Miami Design District was inspired by the worlds leading shopping districts including Fifth Avenue and Rodeo Drive. IPC helped to establish a sophisticated visual continuity throughout the neighborhood, with mature canopy-covered streets and walkways, sculptural specimen trees, and extensive rooftop gardens.
Spinnaker Group, one of the most respected leaders in the green-building movement, provided LEED for Neighborhood Development consulting and energy modeling for this distinctive project, marking the neighborhood’s 4th earned LEED certification. Spinnaker Group also provided LEED Consulting, Building Commissioning and Energy Modeling for three other landmark projects within the Miami Design District including the Garden Building, featuring an intensive rooftop garden lounge designed by Island Planning Corporation (LEED Gold certified in 2013) - Palm Court, featuring underground parking to allow for a large open courtyard above for pedestrians and artwork, such as the Buckminster Fuller’s futuristic Fly’s Eye Dome (LEED Gold certified in 2015) - and most recently, Paradise Plaza, featuring intensive green roofs and underground parking with a large plaza above for pedestrians and artwork (LEED Gold certified in 2020).
Tricera Capital Locks Down $50.8 Million In Construction Financing For Mixed-Use Redevelopment The Press In West Palm Beach
Tricera Capital, led by Scott Sherman and Ben Mandell, have closed on $50.8 million in refinancing and construction financing for their mixed-use office and retail redevelopment The Press, located at 2751 South Dixie Highway in West Palm Beach.
Tricera Capital, led by Scott Sherman and Ben Mandell, have closed on $50.8 million in refinancing and construction financing for their mixed-use office and retail redevelopment The Press, located at 2751 South Dixie Highway in West Palm Beach. The loan was provided by the Chicago-based Monroe Capital. Tricera Capital was represented by Jason Krane and Simon Ziff of Ackman-Ziff Real Estate Group.
Tricera Capital acquired the former Palm Beach Post campus in March 2019 for $24 million. The redevelopment of the property is an example of creative adaptive re-use and expected to reinvigorate the city’s Dixie Highway corridor. The property was a former printing press and distribution facility and nearly all existing structures are to remain, including the Post’s office building and printing press. The project name is a nod to the Post’s legacy at the site.
The Press is divided into two components, The Shops at the Press, the 125,000 square foot retail component, and the adjacent Workspaces at the Press, the 140,000 square foot office component. Joseph’s Classic Market will serve as the retail anchor which was announced in February 2021 and the property will also feature a newly built Starbucks outparcel.
Ironstate Development Closes On Wynwood Development Site For $15.6 Million
Ironstate Development has closed on the acquisition of a 1.29-acre development site in Miami’s trendy Wynwood neighborhood for $15.6 million. Miami Beach-based developer Lucky Shepherd had put the development site under contract prior to the pandemic but the contract was ultimately assigned.
Ironstate Development has closed on the acquisition of a 1.29-acre development site in Miami’s trendy Wynwood neighborhood for $15.6 million. Miami Beach-based developer Lucky Shepherd had put the development site under contract prior to the pandemic but the contract was ultimately assigned to Ironstate Development. Lucky Shepherd had planned to build an eco-friendly project with a 150-key hotel, and up to 48 private residences.
Real estate broker Andy Charry, with Metro 1, represented the seller, Art By God, Inc. Real estate brokers Mika Mattingly and Cecilia Estevez with Colliers International Florida’s Urban Core Division represented Lucky Shepherd.
“My client had a great property located on a great street, and it became even better because of the proposed Brightline station,” said Andy Charry.
The development site is currently home to Art By God, a 30-year-old business that has become one of the largest retailers of nature products, artifacts and wildlife items in the U.S., from a wide collection of fossils and bones, to an assortment of rough or polished rocks and minerals, and unique art and sculptures from all over the world. The 21,155-square-foot Art By God is located at 60 NE 27th St. The acquisition also includes the following addresses: 26 NE 27 St., 25 NE 26 St., and 61 NE 26 St.
“This is one of the last great sites in Wynwood,” Ms. Mattingly said. “This transaction is a prime example of a Covid-ravished deal that, at the end of the day, came back to life thanks to Miami’s tidal wave market.”
Ronny Finvarb Acquires Alton Road Site In Sunset Harbour For Luxury Boutique Hotel
Miami Beach developer Ronny Finvarb has closed on a site on Alton Road at the entry to the popular Sunset Harbour neighborhood where he plans a boutique hotel. Finvarb paid $4 million for the 10,200 square foot site which is located at 1790 Alton Road.
Miami Beach developer Ronny Finvarb has closed on a site on Alton Road at the entry to the popular Sunset Harbour neighborhood where he plans a boutique hotel. Finvarb paid $4 million for the 10,200 square foot site which is located at 1790 Alton Road. He plans a luxury boutique hotel with 36 units and a ground floor restaurant. The renderings were designed by GEK Architecture. Finvarb expects to submit an application to the City of Miami Beach soon and begin construction in 2022. The site is across the street from the Kimpton Palomar South Beach, which Finvarb recently developed.
Kolter Urban Launches Tallest Luxury Condo on Fort Lauderdale Beach
Kolter Urban, a Palm Beach, Florida-based real estate development and investment firm, has launched Selene Oceanfront Residences, a luxury condominium development located directly across from the award-winning Las Olas Beach at 3000 Alhambra Street.
Kolter Urban, a Palm Beach, Florida-based real estate development and investment firm, has launched Selene Oceanfront Residences, a luxury condominium development located directly across from the award-winning Las Olas Beach at 3000 Alhambra Street. The 26-story, slender two tower, beachfront property will offer 204 luxurious residences with several unique floor plans, including penthouses.
Selene will feature over 5,300 square feet of restaurant space at the base of the building, providing an unrivaled oceanfront dining experience. Douglas Elliman will lead sales efforts for the development with residences priced from $900,000. Construction will commence in November 2021 with expected completion by early 2024.
“The inspiration behind Selene was to create thoughtfully designed ‘homes in the sky’ on Fort Lauderdale’s iconic beach,” said Bob Vail, President of Kolter Urban. “Residences at Selene perfectly couple the space and comfort of living in a traditional home with the luxury and sophistication of high rise oceanfront living.”
Selene’s exceptionally spacious two- and three-bedroom residences will range from 1,400 to 3,200 square feet with a limited collection of penthouses. Residences have been designed to the highest standards of quality and craftsmanship. The open, contemporary floor plans with floor-to-ceiling glass showcase exceptional direct views of the Atlantic Ocean, Intracoastal Waterway, or dynamic city skyline from most residences. Seven of the nine available floorplans are positioned on glass corners offering breathtaking views. Residences are delivered ready for buyer customization upon ownership or with luxurious designer finish packages which include large-format porcelain flooring in main living areas, European cabinetry, and chef-inspired stainless appliances.
Designed by Kobi Karp Architects with interiors by ID & Design International, Selene brings contemporary architecture together with a host of indoor and outdoor resort-style amenities, including two elevated pool terraces with a resort-style pool, a lap fitness pool and a spa, contemporary poolside cabanas and day beds, open gathering spaces and intimate conversation areas, an outdoor kitchen, multiple fire pit lounge areas and a pavilion-shaded pool bar. Concierge services are available and range from everyday needs such as dry cleaning to pre-arrival residence preparation. For elevated peace of mind, Selene provides 24/7 security and access-controlled entry points to all elevators, both lobbies, the parking garage, and all amenity spaces.
Selene’s two slender towers rise 300 feet, making the project the tallest luxury condominium on Fort Lauderdale Beach offering expansive homes in the sky. At street level, lushly landscaped grounds and elegant plazas at each corner create a seamless transition to the surrounding neighborhood and provide direct access to the beachfront.
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The Collective Reveals nArchitets-Designed Co-Living Mixed Use Building In Wynwood
The Collective has revealed plans for their proposed co-living mixed-use building to be located at 2825 NW 2nd Ave. The Collective is a London-based co-living operator and real estate developer which was founded in 2010 by Reza Merchant.
The Collective has revealed plans for their proposed co-living mixed-use building to be located at 2825 NW 2nd Ave. The Collective is a London-based co-living operator and real estate developer which was founded in 2010 by Reza Merchant. The Collective currently operates co-living buildings in New York and London. The proposed building is expected to rise 12-stories and is designed by is designed by nArchitects with Corwil Architects as the architect of record.
The Collective Wynwood is proposed to have 180 residential units, 70 hotel units and 9,508 square feet of ground floor retail. The building is also expected to have 82,000 square feet of amenity spaces spread throughout every floor and includes co-working space, communal kitchens, a fitness center, gaming rooms, meeting rooms, a workshop studio, eight floor pool deck and rooftop garden.
Mr. C Residences Coconut Grove Reveals New Renderings Of Meyer Davis-Designed Spaces
Mr. C Residences has revealed new renderings of their residences and amenity spaces designed by Will Meyer and Ignazio Cipriani. The images include a reveal of their newly released combo floorplans which merge the square footage of two units, featuring 5 bedrooms and bathrooms spanning across 6,981 sq. ft.
Mr. C Residences has revealed new renderings of their residences and amenity spaces designed by Will Meyer and Ignazio Cipriani. The images include a reveal of their newly released combo floorplans which merge the square footage of two units, featuring 5 bedrooms and bathrooms spanning across 6,981 sq. ft. The renderings also give a closer look into the tower’s exterior pool areas and dedicated mind-and-body wellness floors equipped with yoga, sauna, peloton rooms and more.
The project broke ground on July 2020 and is being developed by Terra, led by David Martin, and fourth generation Cipriani brothers, Ignazio and Maggio, Co-Founders of the Mr. C brand. The 20-story tower, located at 2655 S. Bayshore Drive, will mark the first-ever, large-scale residential project for the Mr. C brand, introducing a new level of residential living that will complement Coconut Grove’s appeal as a thriving residential, restaurant, and commercial neighborhood. Sales at Mr. C Residences launched in February 2020 led by Douglas Elliman. Units are priced from the low $600,000’s to over $5 million.
The Arquitectonica-designed luxury, high-rise with interiors designed by international designer Meyer Davis, is comprised of 118 sophisticated residences ranging in size from one to five bedrooms, spanning 650 to 3,645 square feet. Inspired by the Mr. C brand, interiors reflect maritime influences with laminated wood paneling and nautical blues and touches of Miami’s vibrant scene. Residential units feature open floor plans, 11-foot ceilings, floor-to-ceiling windows, private terraces, and custom Italian design influences.
The lifestyle-driven development features an expansive list of amenities including a signature Mr. C Café, specialty gourmet marketplace, wellness lounge and juice bar, private Bellini Bar on the pool deck, in-home delivery from the Mr. C Café, butler service and nautical concierge services. An entire floor is dedicated to body-and-mind wellness spaces, from whole-body fitness zones with personal trainers and specialty classes to a signature spa with treatments rooms, indoor yoga, Peloton studio, steam and sauna rooms, as well as poolside and cabana services. Other highlights include pool bar and event lounge, garden-level lap pool, billiard rooms, library and screening lounge, Little C’s Learning and Adventure Lab, teen game rooms and business lounge with meeting rooms.
Mr. C Residences Coconut Grove is slated for completion in 2022.
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Four Seasons Private Residences Fort Lauderdale Reaches 75% Sold With $15 Million Penthouse Sale
Sales have passed the 75% mark at Four Seasons Private Residences Fort Lauderdale, the first five-star development in Broward County, amid the sale of its massive $15 million penthouse. The sale of Penthouse 2201 comes as demand for bigger homes, with panoramic water views along Florida's oceanfront, is skyrocketing.
Sales have passed the 75% mark at Four Seasons Private Residences Fort Lauderdale, the first five-star development in Broward County, amid the sale of its massive $15 million penthouse. The sale of Penthouse 2201 comes as demand for bigger homes, with panoramic water views along Florida's oceanfront, is skyrocketing.
Penthouse 2201 spans 5,766 square feet of interior space with four bedrooms, six bathrooms and 5,442 square feet of outdoor space, including a wraparound terrace. The residence offers coveted features, including direct elevator entry, a foyer with adjacent powder room, and a library located off the oceanfront living room.
Four Seasons Fort Lauderdale features 148 guest rooms and 83 residences ranging from one- to four-bedrooms, with each residence offering expansive living spaces, large private terraces and unparalleled views of the Atlantic Ocean and Intracoastal Waterway. Amenities and à-la-carte services managed by Four Seasons, include a state-of-the-art fitness center, two pools with luxury cabanas, beach butler service, signature Four Seasons spa, yachting services and special courtesies at Fort Partners’ premier portfolio throughout South Florida and the Caribbean. Pets will have their very own pet concierge and on-call veterinarian.
Four Seasons Fort Lauderdale was designed Miami-based architect Kobi Karp with interiors by Tara Bernerd and hospitality designer Martin Brudnizki, and landscape architecture by Fernando Wong.
With the sale of 2201, there's only one penthouse remaining at the development, a 4-bed, 6.5-bath home with a rooftop pool now on the market for $15.9 million. Pricing for two-to four-bedroom private residences starts at $3,595,000 and occupancy will begin later this year. Douglas Elliman Development Marketing exclusively overseeing sales and marketing for the project.
Imagery via Four Seasons Fort Lauderdale
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Bentley Residences Miami hosted the Torcal’s Florida debut, pairing Bentley’s first fully electric production vehicle with a tour of its model residence and private garage.