Royal Palm Companies Locks Down 3rd Largest Construction Loan In Florida History For Legacy Hotel & Residences
Royal Palm Companies, led by Dan Kodsi, has locked down a $340 million construction loan from Silverstein Capital Partners for the sold-out Legacy Hotel & Residences in Miami Worldcenter in Downtown Miami. The loan represents the third largest construction loan in Florida history.
Royal Palm Companies, led by Dan Kodsi, has locked down a $340 million construction loan from the New York-based Silverstein Capital Partners for the sold-out Legacy Hotel & Residences in Miami Worldcenter in Downtown Miami. Legacy Hotel & Residences broke ground on August 19, 2021. The loan is Silverstein Capital Partner’s first financing deal in South Florida and represents the third largest construction loan in Florida history, following the The Estates at Acqualina’s $558 million in financing and Five Park’s $345 million in financing.
Silverstein Capital Partners is the lending arm of Silverstein Properties, who owns, develops and operates a $10 billion portfolio of high-quality assets including office, residential, hotel, retail and mixed-use properties. Silverstein Properties is known for the redevelopment of the World Trade Center in Manhattan following 9/11.
Legacy Hotel & Residences is located in one of the U.S.’s most ambitious and largest private master-planned communities, Miami Worldcenter (MWC), spanning 27-acres in Downtown Miami. The Kobi Karp-designed tower will sit on 1.3 acres, 60,000 SF, and will feature 310 sold-out branded residences which sit atop a 219-room hotel, which will be managed and operated by Accor under The Morgan’s Originals Portfolio, and a Blue Zones Center medical and well-being center.
Royal Palm Companies broke ground on Legacy Hotel & Residences on August 19, 2021. RPC and OneWorld Properties, led by Peggy Olin announced a $160 million sellout of its 310 residences in May 2021, just 12 months after launching sales.
The Blue Zones Center is a joint venture with Adventist Health and Blue Zones to operate Legacy’s $100 million, 10-floor medical and well-being center in Miami, making Downtown Miami home to the world’s first Blue Zones Center. The JV is one of the largest commercial leases to be executed in Downtown Miami’s history. The facility is expected to become the most technology advanced health and well-being facility in the world, according to Adventist Health.
The center will offer teams of physicians and practitioners, an onsite lab, pharmacy, full AI-powered diagnostic center and rooms outfitted with medical gas and ventilator capabilities, allowing the hotel to remain operational during future pandemics. All aspects of the 50-floor tower, from the hotel rooms and residences to the five restaurants, to the design and programming, will follow Blue Zones methods and guidelines to living long and happy lives.
The luxury skyscraper will also host ground-floor retail, downtown’s largest pool deck set on one acre, the city’s first enclosed seven-floor rooftop atrium with a restaurant bar and lounge, the city’s first Singapore-inspired cantilevered pool soaring 500 feet in the sky, and a members-only international business lounge.
Legacy’s MICROLUXE® residences range from 350 SF to 850 SF with studios to two-bedroom units, offering the functionality of a micro-style home with the high-quality design and superior finishes of an elite condominium.
Fortune International Group And Oak Capital Launch The Ritz-Carlton Residences, Pompano Beach
Fortune International Group and Oak Capital have launched The Ritz-Carlton Residences, Pompano Beach, the first luxury address in Pompano Beach. The highly-amenitized property will offer 205 residences and over 35,000 square feet of resort-style amenities with stunning views of the Atlantic Ocean and Intracoastal Waterway.
Fortune International Group and Oak Capital have launched The Ritz-Carlton Residences, Pompano Beach, the first luxury address in Pompano Beach. The highly-amenitized property will offer 205 residences and over 35,000 square feet of resort-style amenities with stunning views of the Atlantic Ocean and Intracoastal Waterway. The Pompano Beach Residences mark the fourth property between the development team and world-renowned brand, which is a testament to the two powerhouse developers’ success and the demand for a never-before-seen residential experience in Broward County.
Set to revolutionize luxury living from sunrise to sunset, the highly amenitized property is the first ever to offer two distinct towers, Beach Tower on the pristine sands of Pompano Beach to the east and Marina Tower with an intracoastal experience and private marina to the west. The collection of 205 residences will be complemented by legendary Ritz-Carlton service.
“The Ritz-Carlton Residences, Pompano Beach will serve as an exquisite, landmark property for the area, elevating the standard of living in Broward County indefinitely,” said Edgardo Defortuna, President and CEO of Fortune International Group, “Fortune International Group is thrilled to work alongside such an esteemed brand once again after a wonderful experience developing The Ritz-Carlton Residences, Sunny Isles Beach. We anticipate similar success in Pompano Beach as we deliver a new level of sophistication, unparalleled service and attention to detail to the area, which the brand is so distinctly commended for.”
Interiors and lush landscape design for The Residences have been meticulously curated by world-renowned designer Piero Lissoni with architectural design by Revuelta Architecture International. The private, residence-only property allows Owners to uniquely experience the best of both worlds on the beach and the Intracoastal Waterway.
The Ritz-Carlton experience enlivens the senses and fulfills even the unexpressed wishes and needs of residents who will enjoy an endless array of specialized, curated services. The property will also include Guest Suites available exclusively for friends and family of residents with access to services and amenities.
“Our development will undeniably be the preeminent project in Pompano Beach for many years to come,” said Ricardo Dunin, Founder and CEO of Oak Capital. “I am incredibly excited to develop my third property with The Ritz-Carlton and to join forces once again with Piero Lissoni, with whom I completed The Ritz-Carlton Residences, Miami Beach. Additionally, The Ritz-Carlton Residences, Pompano Beach mark the first project to be launched under my new company, Oak Capital, and my first project together with Fortune, whose quality of work I’ve always admired. I am convinced that the combined experience of the team will result in a project that will surpass everyone’s expectations.”
The 32-story Beach Tower offers a prime location on the sands of Pompano Beach with 250 feet of ocean frontage on 2.25 acres of land. A selection of 117 oceanfront residences, including two penthouses, range in size from one to five bedrooms, spanning 1,309 to over 6,824 square feet.
The 14-story Marina Tower provides an equally stunning location just across the street from Beach Tower, overlooking 250 feet of waterfront between the Intracoastal Waterway and Pompano Beach’s South Ocean Boulevard. The tower offers 88 residences with sunset views, including four penthouses, which range in size from one to four bedrooms, spanning 917 to 3,947 square feet.
Intended as an extension of resident living space, the two towers offer an expansive array of over 35,000 square feet of curated amenity space. The property is set to enrich the lives of residents across five pillars -- Marina, Beach, Wellness, Entertainment and Dining -- providing unique experiences from sunrise to sunset. The Residences will offer a Marina Yacht Club with a private resident marina, an oceanfront Beach Club, sports courts, tropical pool decks, indoor-outdoor social areas, on-premise dining, and much more to further enhance the overall living experience.
Further highlights within each fully-finished residence include spacious floorplans boasting ocean and intracoastal views, Italian-designed kitchens with top-of-the-line appliances, laundry rooms with full-size washer and dryer, walk-in closets in all master bedrooms, and service quarters in select residences. Penthouses feature lush garden terraces, a luxurious private pool, a summer kitchen and stunning 360-degree views of the Atlantic Ocean.
Fortune International Sales is the exclusive sales and marketing team for The Residences, with homes priced from $1 million and completion slated for 2025.
The Ritz-Carlton Residences, Pompano Beach are located at 1380 S. Ocean Blvd. in Pompano Beach, Florida.
For more information about The Ritz-Carlton Residences, Pompano Beach, private showings or purchasing/ leasing information please fill out the form below:
The Last Development Parcel on The Ultra-Luxury Fisher Island Under Contract to Related Group, Teddy Sagi and BH Group Joint Venture
A joint venture between real estate leaders Related Group, Teddy Sagi and BH Group are under contract on Parcel 7, the last available development parcel in Miami Beach’s historic Fisher Island. The partnership plans to develop an ultra-luxury boutique condominium in what has come to be known as America’s wealthiest zip code.
A joint venture between real estate leaders Related Group, Teddy Sagi and BH Group are under contract on Parcel 7, the last available development parcel in Miami Beach’s historic Fisher Island. The partnership plans to develop an ultra-luxury boutique condominium in what has come to be known as America’s wealthiest zip code. The purchase price was not disclosed.
“We couldn’t be more excited to finally have the opportunity to develop on the island,” said Jon Paul Pérez, Related President. “Fisher Island has such a rich history and unmatched level of privacy; there’s really nothing else like it in Miami or the country. We look forward to delivering a product that pushes the bar even higher for this incredible neighborhood.”
This is the third acquisition for the Related, Teddy Sagi and BH joint venture, closely following high-profile purchases in West Palm and the City of North Miami. The two powerhouse firms continue to aggressively pursue additional joint opportunities throughout South Florida.
BH Group, the Miami-based private investment and real estate company, works in partnership with Globe Invest, a leading real estate investment manager in UK & Europe owned by acclaimed entrepreneur Teddy Sagi.
“We are only interested in the most marquee locations in Miami, and it is impossible to find anything better than Fisher Island,” said Teddy Sagi. “Despite the increasing levels of demand for top-tier parcels, we are bullish on the long-term potential of Florida. There is plenty of runway in this market.”
The 216-acre fisher island is located right off the coast of Miami Beach and is only accessible via ferry or watercraft. It has long been known as one of the country’s most exclusive communities, featuring a private golf course and beach, as well as a variety of lavish amenities, from butler service to a resident’s only restaurant. The man-made island has been home to many of Miami’s most iconic figures, including the heir to railroad fortune William K. Vanderbilt. It has also been home to some of the region’s most high-profile real estate listings.
The Developers of One Thousand Museum by Zaha Hadid Architects Pay Off $90 Million Inventory Loan Following Miami Art Week Sales
The developers of One Thousand Museum by Zaha Hadid Architects have paid off a $90 million inventory loan following a successful Miami Art Week 2021 which saw two units sell for a combined $30 million. A local buyer from Miami purchased a full-floor unit and a foreign buyer purchased a sky townhouse unit.
The developers of One Thousand Museum by Zaha Hadid Architects have paid off a $90 million inventory loan following a successful Miami Art Week 2021 which saw two units sell for a combined $30 million. A local buyer from Miami purchased a full-floor unit and a foreign buyer purchased a sky townhouse unit. One Thousand Museum is now 90% sold after 76 of the developer units have now been sold. Three furnished developer units remain.
The condo inventory financing was secured March 2021 from Cirrus Real Estate Partners after a Reuben Brothers-led venture, who had bought out the remainder of Fortress Investment Group’s stake in the debt behind the development, had filed a foreclosure lawsuit against the developers. Fortress Investment Group had initially provided a $225 million construction loan in 2016, half of which was later acquired by the Reuben Brothers-led venture, before a portion was paid back by the developers and the property was refinanced by Cirrus Real Estate Partners.
“Satisfying our $90 million loan in eight months comes during a buying frenzy and Miami’s high season, which we expect to take One Thousand Museum to sellout quickly,” said Louis Birdman, co-developer of One Thousand Museum. “Alongside Cirrus Real Estate Partners and our long-time collaborators at ONE Sotheby’s, we’re proud to conclude another chapter in this iconic building.”
“As a testament of the recent success leading to the loan payoff, during Art Week alone, our sales team inked two large sales totaling more than $30 million,” said Kevin Venger, co-developer of One Thousand Museum.
“One Thousand Museum is a unique and iconic property that will be enjoyed by its residents and a significant part of the downtown Miami skyline for years to come, said Joseph McDonnell, Managing Partner for Cirrus Real Estate Partners. “We are extremely pleased that the capital solution we provided to the sponsor group of One Thousand Museum facilitated the property performing to its full potential and, consequently, such quick repayment of our investment. Working with the developer group has been a pleasure and we look forward to collaborating with them again in the near future.”
One Thousand Museum was developed by Louis Birdman, Kevin Venger, Gilberto Bomeny, Gregg Covin and Todd Michael Glaser. The tower officially debuted August 2019 as one of the country’s most anticipated condominiums, with its striking exoskeleton instrumental to becoming the most iconic and identifiable tower in Downtown Miami. The tower was the designed by the late Zaha Hadid and was her first residential skyscraper in the Western Hemisphere. The unique tower features an exoskeleton which was made from glass fiber reinforced concrete imported from Dubai.
One Thousand Museum rises 62-stories and offers 84-units. The building’s luxe lifestyle and exclusive amenities are among its most desirable attractions including a private rooftop helipad, making it Miami’s only residential building accessible via its own private airport. One Thousand Museum is also the first residential building in the world to partner with Forbes Travel Guide to create a hospitality-focused experience for residents and their guests on par with the finest hotel in the world.
Additional amenities include a Sky Lounge for dining and private events; an on-premise bank vault; nearby private Beach Club, Museum Beach; access to a house car service, 1KM wellness center featuring state-of-the-art equipment by Techno-Gym, a Spa with relaxation pods and private treatment rooms for spa services and the Aquatic Center featuring an indoor lap-pool at the 61st Floor.
Photography by Robin Hill Photography
The South Tower Is Now Sold Out At The Estates At Acqualina
The Estates at Acqualina, the $1.8 billion residential development located in Miami's Sunny Isles Beach, has announced the sellout of the South Tower featuring 154 exquisite residences ranging from 3,200 to 5,600 square feet. In addition, it will feature two single-family homes and two, two-story penthouses ranging from 6,225 to 9,000 square feet, all with private swimming pools.
The Estates at Acqualina, the $1.8 billion residential development located in Miami's Sunny Isles Beach, has announced the sellout of the South Tower featuring 154 exquisite residences ranging from 3,200 to 5,600 square feet. In addition, it will feature two single-family homes and two, two-story penthouses ranging from 6,225 to 9,000 square feet, all with private swimming pools.
The ultra-luxury development is on track with the South Tower completion in the 1st quarter of 2022. There are a limited number of choice residences remaining in the North Tower, which will feature 91 residences when it opens in the 2nd quarter of 2022.
Through an exclusive partnership with one of the world's most celebrated designers, the entrance lobbies in the South and North Towers at The Estates at Acqualina were designed by none other than the late Karl Lagerfeld. Mr. Lagerfeld's design and style will further enhance the grandeur of two of the most important spaces at The Estates.
The Estates at Acqualina will offer 245 luxurious residences from three to seven bedrooms. Villa Acqualina, situated between the North and South Towers, will feature 45,000 square feet of amenities, including the New York-based Avra restaurant, a health and fitness sanctuary called AcquaFit, and Circus Maximus, an entire floor of magical amenities including an ice skating rink, bowling lanes, a golf simulator, a Formula One simulator, a movie theater, and a Wall Street Trader's Club room.
The grounds of The Estates' 5.6 acres will offer lush landscaped gardens, multiple pools, a FlowRider® wave simulator, a basketball court, a bocce court, a dog park, a soccer field, a beachfront restaurant, and five-star beach and pool services. Also available will be a 24-hour valet, 24-hour security services, a full-service resident concierge, and a house Rolls-Royce car.
The Estates benefits from its sister developments, Acqualina Resort & Residences on the Beach and The Mansions at Acqualina. The legendary service by Acqualina Resort & Residences, a Forbes Five Star and AAA Five Diamond Hotel and TripAdvisor's #1 Beachfront Resort in the United States, ensures that The Estates at Acqualina delivers ultimate perfection and a unique experience on every level.
Only a few choice residences are still available in the North Tower. Four and five-bedroom residences from $9.2M to $10.7M. Penthouse prices upon request.
Sales Gallery Address: 17895 Collins Avenue, Sunny Isles Beach, Florida
Telephone: (305) 933-6666
Website: www.EstatesAtAcqualina.com
PMG Reveals Sky Collection At Waldorf Astoria Residences Miami
PMG has revealed the Sky Collection at Waldorf Astoria Residences Miami, a luxury supertall on Downtown Miami’s Biscayne Boulevard. Situated nobly above the clouds, the exclusive Sky Collection at Waldorf Astoria Miami is adorned with the most pristine, modern and luxurious touches synonymous with Waldorf Astoria’s legacy, reimagined for a home that exceeds even the highest of expectations.
PMG has revealed the Sky Collection at Waldorf Astoria Residences Miami, a luxury supertall on Downtown Miami’s Biscayne Boulevard. Situated nobly above the clouds, the exclusive Sky Collection at Waldorf Astoria Miami is adorned with the most pristine, modern and luxurious touches synonymous with Waldorf Astoria’s legacy, reimagined for a home that exceeds even the highest of expectations. In collaboration with conceptual artists Carlos Ott and Sieger Suarez Architects, along with the brilliant minds at award-winning design firm BAMO, the team of visionary experts joined forces to craft a home that defies design tradition by paving a new path with unbridled elegance.
The Sky Collection is located within the eighth cube of the 100-story, 1,049’ tower. Sky Collection residences range from 2,454 square feet to 3,575 square feet and start at $4.9M. Sky Collection residences include primary suites with five-fixture en suite bathrooms, and media and entertainment breakout spaces. Residences will offer vast scenic views from floor-to-ceiling windows, french balconies and expansive terraces with summer kitchens. Down to the smallest details and finishes, each and every drop of this unit has been considered with the utmost of scrutiny and concern. BAMO has scoured the globe to source only the most coveted and brilliant textiles for floors, walls, countertops and beyond.
The Waldorf Astoria Residences Miami is located at 300 Biscayne Boulevard and is being developed by PMG, Greybrook Realty Partners and Mohari Hospitality, S2 Development. The soaring tower will rise 100 stories and 1,049 feet above Biscayne Bay as the tallest residential building south of New York City, offering expansive unobstructed views and a new architectural wonder in South Florida. This tower marks the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Miami market.
The property will consist of 360 private residences as well as 205 guestrooms and suites within the five-star hotel. Signature spaces will include Peacock Alley; a specialty restaurant; indoor/outdoor pre-function and function spaces; meetings and boardrooms; a resort-style pool deck with private cabanas; and a spa and fitness center. Construction is estimated to begin in March 2022 with completion in 2025.
Sales for the Sky Collection are led by PMG Residential.
Images via ArX Solutions
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PMG Announces Pre-Leasing For Society Biscayne In Downtown Miami
PMG will commence pre-leasing at Society Biscayne, the highly anticipated social living community on Biscayne Boulevard in Downtown Miami. Pre-leasing begins on Friday, December 10 with move-ins slated to begin in Spring 2022. The 49-story Society Biscayne is being developed in partnership with Toronto-based real estate private equity firm Greybrook Realty Partners.
PMG will commence pre-leasing at Society Biscayne, the highly anticipated social living community on Biscayne Boulevard in Downtown Miami. Pre-leasing begins on Friday, December 10 with move-ins slated to begin in Spring 2022. The 49-story Society Biscayne is being developed in partnership with Toronto-based real estate private equity firm Greybrook Realty Partners.
“Pre-leasing is always an exciting milestone to reach because it signifies that opening is right around the corner. We are pleased to begin planning for welcoming residents to Society Biscayne and look forward to seeing this new social community flourish in the heart of Downtown.” Said Ryan Shear, Managing Partner of PMG.
Located at 400 Biscayne Boulevard, the 882,000-square-foot project will offer 646 rental apartments, 32,000 square feet of commercial and a 22,000-square-foot redesigned First United Methodist Church of Miami. The ground-floor retail will feature corner coffee shop and meeting space by Cafe Domino and a new lobby cocktail bar and restaurant concept by Jaguar Sun. PMG’s offices will also relocate to the development upon completion.
Amenities at Society Biscayne include a massive pool deck with a 16-foot screen, covered bar and grilling terrace; an outdoor yoga platform and theater lawn; a sky view hot tub overlooking Downtown; a two-level modern gym and fitness studio featuring daily classes; a two-level co-working lab with conference rooms; 24/7 concierge and smart package lockers. A mobile app will provide residents access to keyless entry to units and common areas, guest lists and access, payments and maintenance requests, thermostats, track packages, signup for community events and send messages.
The Society Living portfolio was created to address the insatiable demand for reasonable rents close to urban centers, where modern neighbors can connect and thrive together. Urging residents to “Choose Happiness,” Society Living focuses on creating vibrant living spaces that foster personal growth within a culture of inclusivity and unity. Existing Society Living developments include Society Las Olas in Downtown Fort Lauderdale, Florida, which opened in May 2020; Society Biscayne in Downtown Miami, slated to open in Spring 2022; Society Orlando, under construction in Downtown Orlando; and Society Wynwood, under construction in Miami’s Wynwood Arts District. Over 8,500 units are planned nationally including additional developments in Atlanta, Brooklyn, Denver and Nashville.
JDS Development Completes Phase 1 Of Site Work At 1 Southside Park in Brickell
JDS Development Group, led by Michael Stern, has completed the first phase of site work at 1 Southside Park, a new world-class mixed-use luxury tower in the heart of Brickell. The developer has completed soil mixing on a portion of the site and has moved onto soil mixing at another site on the assemblage.
JDS Development Group, led by Michael Stern, has completed the first phase of site work at 1 Southside Park, a new world-class mixed-use luxury tower in the heart of Brickell. The developer has completed soil mixing on a portion of the site and has moved onto soil mixing at another site on the assemblage. They have also completed a temporary parking lot and the tower is now fully permitted. When complete the tower will rise 64-stories, 773’.
1 Southside Park designed by SHoP Architects, ODP Architecture and Design as well as James Corner Field Operations. The mixed-use project is a redevelopment of an existing fire station at 1105-1133 SW 2nd Ave. 1 Southside Park will rise 64-stories and span 2.48 million square feet of total development. The project will feature 1,195 multifamily units, 200 hotel rooms, 5,120 square feet of event space, 165,000 square feet of office, 99,824 square feet of health and wellness, 23,312 square feet of restaurant space, a 1,417 square foot fast food restaurant space, 1,000 parking spaces and a 32,000 square foot fire station. In exchange for increased development the density of the project, JDS Development will pay for improvements to Southside Park as well as included the new fire station in the project.
The residential units will be operated as apartment rentals and Barry Sternlicht’s Treehouse Hotels will operate the hotel component which will be known as Treehouse Brickell. The hotel component is being designed in collaboration with Rockwell Group with a focus on sustainability by implementing a wide range of energy, water, and environmental design strategies. Treehouse Brickell will minimize the hotel's environmental impact and provide a lower carbon footprint aided by features such as rainwater harvesting and reuse, low-carbon energy materials, electric-car-recharging stations, and bike parking. 1 Southside Park is expected to be completed in 2025.
Inside The Standard and Rosso Development Miami Art Week Soiree Launch Of The Standard Residences
The Standard Residences, Midtown Miami, kicked off Miami Art Week in style with an afternoon bayfront soiree at The Standard Spa Miami Beach, on the Venetian Islands. The afternoon soiree was hosted by The Standard International Executive Chairman, Amar Lalvani and Founder & CEO of Rosso Development, Carlos Rosso.
The Standard Residences, Midtown Miami, kicked off Miami Art Week in style with an afternoon bayfront soiree at The Standard Spa Miami Beach, on the Venetian Islands. Hosted by The Standard International Executive Chairman, Amar Lalvani and Founder & CEO of Rosso Development, Carlos Rosso, the afternoon waterside soiree showcased a preview of the iconic hotel brand’s first ever residences, offering the opportunity to live The Standard’s distinctive lifestyle, which to date has only been available at its hotels. The Standard Residences, Midtown Miami re-imagines pied-à-terre-style living in South Florida’s most walkable neighborhood, featuring design by award-winning firms Arquitectonica and Urban Robot. The building will rise in the heart of Midtown Miami and blend culture, community and style with world-class design, amenities and service.
Hospitality and real estate pioneers Standard International and Rosso Development, in collaboration with Alex Vadia’s Midtown Development, launched sales of The Standard Residences, Midtown Miami and the project is already over 30% reserved in roughly a weeks time. The 12-story building is located will be located in the heart of Midtown Miam. It will feature 228 pied-à-terre-style residences ranging from studios to two bedrooms, all designed and finished with The Standard’s distinctive touch. In the “anything but Standard” fashion, the building will be the first property in the area to recognize the emerging Flexible Living movement, allowing owners to lease out their units for terms as short as one month.
The Standard Residences, Midtown Miami is designed by Arquitectonica and Urban Robot. The building’s façade draws inspiration from the urban enclave’s storied past while connecting with the new energy of the neighborhood. Residences will range in size from 432 square feet to 965 square feet and will express the ethos for which The Standard is known, meticulously designed interiors that provide that balance of style and functionality. Finishes include light wood plank tile flooring, gourmet kitchens with custom Italian cabinetry and Bosch appliances, while oversized bathrooms showcase stone vanities and double-suite rain showers.
In step with other Standard properties, residents will enjoy thoughtfully designed social spaces and amenities spanning 34,000 square feet across five floors. The expansive lobby will inspire residents to connect, work and play – with lounge areas and a Café. A lushly landscaped rooftop creates an elevated outdoor experience with a 60-foot, resort-style sunset pool, and signature rooftop restaurant and bar reminiscent of the vibe The Standard pioneered from LA to New York to London.
Wellness offerings include a state-of-the-art sweat room and fitness center, an infrared sauna, an indoor pickleball court, and yoga and stretch studios. A social floor features a karaoke bar and screening room, while co-working spaces include a private boardroom and zoom rooms. A pet spa rounds out The Standard Residences’ anything but standard amenity package. In addition, the ground floor of the property will showcase 10,000 square feet of retail boutiques selected by The Standard’s in-house team.
A dedicated Standard concierge will be available around the clock to assist owners and direct cultural and community programming. Residents will also gain access to The Standard’s “Friends with Benefits” program, which earns them preferred pricing at all The Standard hotel properties around the world.
The Standard Residences will be located at 3100 NE 1st Avenue, Miami, FL 33137. The project is set to break ground in 2022 with expected completion by mid-2023.
Images via World Red Eye
Renderings of The Standard Residences, Midtown Miami
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Aston Martin Residences At 300 Biscayne Way Tops Out As Tallest Residential Building South of NYC
Aston Martin Lagonda and developer G&G Business Developments have topped out Aston Martin Residences at 300 Biscayne Boulevard Way in Downtown Miami. The luxury residential tower now reaches the 66th and final residential floor and has taken its place in the aspirational Miami skyline.
Aston Martin Lagonda, developer G&G Business Developments and general contractor Coastal Construction have topped out Aston Martin Residences at 300 Biscayne Boulevard Way in Downtown Miami. The luxury residential tower now reaches the 66th and final residential floor and has taken its place in the aspirational Miami skyline as the tallest residential tower South of New York. Built on one of the last parcels of developable land on the Downtown Miami waterfront, Aston Martin Residences offers 391 luxury condominiums and penthouses with spectacular panoramic vistas of Biscayne Bay and the Atlantic Ocean. Aston Martin Residences Miami is on track to be completed at the end of next year and is nearly 80% sold.
“When we acquired the land, our vision was to build a new landmark, a love letter to Miami and a new benchmark in ultra-luxury living. I’m delighted that the reality is even more magnificent than the vision. To see the Aston Martin Residences reach the top floor fills me with pride. The whole team has worked tirelessly to ensure we are on time, and the craftsmanship is exquisite. Every detail has been carefully considered to translate Aston Martin’s iconic and timeless design language into the ultimate luxury residential development.” Said Germán Coto, CEO of G&G Business Developments
“This is a wonderful moment in the development of Aston Martin’s first-ever real estate partnership. It is one thing to look at the structure as drawings and models but to see this magnificent tower reach its full height is incredible. This collaboration has given Aston Martin the opportunity to define ultra-luxury in the residential space with unique and exclusive designs, exquisite materials and detailed craftsmanship, always with an eye on the balance between beauty and performance.” Said Marek Reichman, EVP & Chief Creative Officer, Aston Martin Lagonda.
Aston Martin Residences features over 42,000 square feet of carefully considered sky amenities. Located across four floors near the top of the majestic tower, every resident will enjoy incredible panoramic views while experiencing a suite of wellness activities designed for mind, body, and soul. A private superyacht marina, permanent art gallery and a 24/7 butler service complete the Aston Martin Art of Living at this one-of-a-kind property.
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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.