Lissette Calderon's Neology Life Tops Off 'The Julia' Allapattah Multifamily Development

Neology, led by Lissette Calderon, has topped off construction of “The Julia” a $100 million, 14-story residential tower that will deliver 323 upscale one- and two- bedroom apartments to Miami’s Allapattah neighborhood in downtown Miami in February 2024. Inspired by Miami’s original real estate visionary, American businesswoman Julia Tuttle, The Julia will embrace a “tropics-meets-metropolis” aesthetic combining elements of Art Deco with 1950s-style glam. The project was designed by Behar Font Architects, with interior design by designBAR and landscape architecture by Witkin Hultz Design. JAXI Builders, Inc. is overseeing construction.

Located at 1625 NW 20th Street, just a few blocks west of the main entrance to Jackson Memorial Hospital, The Julia is located in the heart of Allapattah, a historic neighborhood that includes Miami’s Health District and borders Wynwood. Allapattah has quickly become one of Miami’s most sought-after neighborhoods. It features a cluster of elite cultural institutions (including the Rubell Museum and Superblue) as well as many new businesses, restaurants and nightlife establishments. It’s also situated just a few blocks from Neology’s first Allapattah apartment community, No. 17 Residences, which opened in May of 2021 and leased up in record time. Neology’s third Allapattah community, “Fourteen Allapattah Residences,” broke ground in August 2022 and will deliver 237 apartments, along with 5,000 square feet of ground-floor retail, in early 2024.

“We are thrilled to be approaching our goal of introducing The Julia to Miami – offering one-of-a-kind, curated living experiences with cutting-edge amenities, spectacular city skyline views and design features to appeal to a diverse cross-section of today’s urban renters,” said Lissette Calderon, President and CEO of Neology. “There is incredible demand for high-quality housing in downtown Miami thanks to the more than 50 companies that have relocated to or expanded in Miami in the last year.”

The pet-friendly property will offer a mix of one- and two-bedroom apartments ranging from 600 to 1,000 square feet featuring floor-to-ceiling windows, 9-footceilings, walk-in closets, and balconies in every apartment. Apartments will also have energy efficient, stainless-steel appliances, quartz countertops, European-inspired kitchen cabinetry, and in-unit washer and dryers.

Interior common areas will feature neoclassical elements such as brass accents, wood details and colorful mosaics alongside bright, botanical patterned wallcoverings and other fun, punchy colorful elements for a mood that is romantic, sophisticated and timeless.

The Julia’s ninth floor “Sky Lounge” will be a destination in itself, featuring a resort-style pool deck with shaded gardens and cabanas, an indoor/outdoor club lounge with gourmet kitchen, a wellness center with virtual fitness, and a starlight dining terrace. The property will also include co-working areas with private offices, a dog park and spa, a children’s play area, high-speed fiber optics throughout the building to meet today’s technological needs, 15,000 square feet of street-level retail space, along with curated artwork throughout the exterior and interiors.

The Julia is centrally located just a few blocks from the Civic Center Metrorail Station, the University of Miami Health System, Jackson Memorial Hospital, and Miami-Dade College Medical Center. The property is just a short car or public transit ride away from both Brickell and Downtown, home to several large employers and dining and shopping destinations, along with popular attractions such as Marlins Park, American Airlines Arena, the Adrienne Arsht Center for the Performing Arts, Perez Art Museum Miami and Frost Museum of Science, and the new Brightline commuter rail station connecting Miami to Fort Lauderdale, West Palm Beach, and eventually Orlando.

Neology’s current ownership portfolio consists of 1,200+ apartments recently built or under construction in Miami’s urban core, with another 1,600 apartment units in the predevelopment phase and a pipeline of 2,000 additional units in South Florida and beyond.

Sabal Development Sells Newly Constructed Luxury Waterfront Apartment Building On Miami Beach's Isle of Normandy For $13.5 Million

The Miami-based Sabal Development has sold a modern 5-story luxury residential apartment building they recently developed on Miami Beach’s Isle of Normandy for $13.5 million. Located at 1930 Bay Drive, Miami Beach, the newly-constructed building offers stunning waterfront views of Biscayne Bay.

Dora Puig of The Dora Puig Team represented the seller, Pascal Nicolai, founder and CEO of Sabal Development and Sabal Luxury Builder. The buyers were Jason and Amanda D’Herin.

The building features four elegant apartments with expansive floor plans, starting at 2,551 square feet of living space. Each apartment offers three bedrooms, three bathrooms, and one half-bathroom. Open views of Biscayne Bay permeate each residence’s principal suite through floor-to-ceiling windows.

Reflecting the chic outdoor Miami lifestyle, each residence features a delightfully finished rooftop deck complete with a wet bar, in addition to spacious terraces. The building features a ground level garage, as well as a relaxing outdoor pool.

“We are very pleased to close on this exquisite waterfront apartment building on the stylish Isle of Normandy for $13.5 million,” said Nicolai. “It provides stylish, contemporary residences for those who love the best of Miami: sun, water and an urban setting.”

Sabal Development has made a name for themselves as a vertically integrated developer and builder with over $130 million in luxury custom-built home sales in 2021. Led by Pascal Nicolai, who has more than 30 years of experience in the industry with completed projects in Europe and the U.S., Sabal Development is currently developing a modern office/ retail mixed use commercial building on Alton Road in Miami Beach and has developed a large portfolio of luxury properties including several homes on Palm Island and the Venetian Islands as well as Miami Beach and Palm Beach.

Witkoff and PPG Reveal The Residences At Shell Bay With Auberge Resorts Collection Featuring Miami's First New Golf Course In 25 Years

Leading visionary real estate development firms Witkoff and PPG have revealed The Residences at Shell Bay, an unmatched new luxury destination in Hallandale Beach, in partnership with Auberge Resorts Collection, the highly awarded hospitality operator with an acclaimed portfolio of luxury boutique hotels, resorts, and residences. The private golf course, known as The Shell Bay Club, will open this winter and will be the first new golf course in the Miami area in over 25 years. Sales for the residences will be released in exclusive, limited phases led by Douglas Elliman, and are set to deliver in 2025.

Shell Bay represents the new frontier of elite clubs, bespoke residences, and elevated wellness and leisure, offering one of the most exclusive private members clubs in North America. The amenities and programming have been carefully designed with world-class athletes and experts to cater to both the ultimate luxurious lifestyle and peak-functioning performance. The Shell Bay Club includes a 7,250-yard championship golf course designed by Greg Norman, a 12-acre practice facility with a 9-hole par 3 course, a premier racquet center with four Grand Slam tennis surfaces, pickle ball courts, and padel courts, a 48-slip private yacht club, and a private Member’s Clubhouse with a spa and performance fitness center.

“The course at Shell Bay will be one of the most unique, pure golf experiences I have ever designed. Completely isolated from its surroundings, the walkable layout will capture the true essence of the game with immaculately conditioned fairways, sweeping sand belt style bunkers, and contoured greens that test every club in your bag. It will be a place where you can totally immerse yourself in the game.” says golf legend and course designer Greg Norman.

Brought to life by Auberge Resorts Collection, The Residences at Shell Bay provide an enclave for those who want to live exceptionally. Part of a fully gated community with 24/7 monitoring, residences offer open-concept layouts with expansive living and entertainment areas, floor-to-ceiling windows, expansive ten-foot ceilings on typical floors, spa-inspired primary bathrooms, gracious wraparound terraces with vistas of the private golf course, and minibars serviced by the hotel. In addition, residences will have a dedicated Director of Residences to provide the highest level of personalized care and a la carte resort services including in-residence housekeeping and dining.

In addition to branded residences, Shell Bay will have a boutique resort managed by Auberge Resorts Collection. Auberge is a best-in-class luxury resort and residential operator known for one-of-a-kind experiences in extraordinary destinations, with hotels including Auberge Du Soleil in Napa Valley, Hotel Jerome in Aspen, Lodge at Blue Sky in Park City, Mayflower Inn and Spa in Connecticut, and the Grace Hotel in Santorini. The company was named by Travel + Leisure as one of the “Top Hotel Brands in the World,” while 12 of its 22 properties were awarded in Travel + Leisure’s 2022 World’s Best List, the highest percentage of any brand.

Auberge is also a seasoned residential manager with residential properties including Madeline Hotel and Residences in Telluride, Stanly Ranch in Napa Valley, and Chileno Bay Resort and Residences in Los Cabos.

Chicago-Based Private Social Club 'The Clayton' To Open At E11EVEN Residences Beyond

The Chicago-based exclusive private social club, The Clayton, will be opening at E11EVEN Residences Beyond, an ultra-luxury, dual-tower development located in Miami’s famed District 11. The Chicago-based exclusive social club will occupy 10,000 square feet on the second floor of the tower, which being developed by PMG and E11EVEN Partners and is located at 90 Northeast 11th Street.

“E11EVEN Residences Beyond is a catalyst for growth and new energy in District 11. The Clayton perfectly aligns with the vibe and exclusivity of E11EVEN Residences Beyond and will offer the residents a unique experience,” said Ryan Shear, Managing Partner at PMG. “We are thrilled to curate first-time experiences in Miami by partnering with world-class tenants and partners.”

Known for its reassuringly exclusive yet inviting nature, with locations in Chicago and Washington, D.C., The Clayton specializes in providing members and guests with an ultra-premium experience and unforgettable moments. The club itself will offer cocktail and dining experiences, as well as private meeting spaces and cigar hideaways. At E11EVEN Residences Beyond, the club will reside on the building’s second floor.

“The Clayton was inspired by the great cigar and social clubs of London and will offer a sanctuary for the discerning connoisseur right in the heart of Miami,” said Clay Wilson, Founder of The Clayton. “Since launching in Chicago and Washington, D.C., we’ve had tremendous organic growth and success. The Clayton provides members with an exclusive and private experience with many notable members. ”

Centrally located in Downtown Miami’s District 11, E11EVEN Hotel & Residences Miami is a two-tower development by E11EVEN Partners and PMG offering a resort-style, entertainment-driven experience, and destination – the first of its kind in the Southeastern United States. The first tower, E11EVEN Hotel & Residences Miami, encompasses 449 turnkey residences and hotel rooms, while the second tower, E11EVEN Residences Beyond, offers 558 ultra-exclusive condominiums. Floorplans at both properties 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.

“District 11 continues to offer a one-of-a-kind lifestyle that is exhilarating for us to watch unfold,” said Marc Roberts of E11EVEN Partners and co-developer of E11EVEN Residences Beyond. “We’re excited to welcome The Clayton to its newest location in the middle of this incredible destination, and we look forward to watching it thrive as District 11 further transforms into a dynamic neighborhood to live, work, and play in. ”

Amenities for E11EVEN Hotel & Residences include a multi-level 20,000-square-foot day club, a world-class wellness center curated by Chopra Spa & Studio, an 8,000 square-foot casino-style sports lounge, a members-only rooftop experience, a world-class med spa, and five-star dining experiences. In addition to the first tower's amenities, buyers at E11EVEN Residences Beyond will have exclusive access to their own range of private facilities to curate an ultra-exclusive, buyers-only experience. They include a helipad, a resort-like sun lounge deck with a pool and private lounge areas, a state-of-the-art fitness center, and fully staffed executive office suites.

Renderings via ARX Solutions

Related Group And Dezer Development Reveal 'Rosewood Residences Hillsboro Beach' Ultra-Luxury Waterfront Boutique Condo

Rosewood Hotels & Resorts® in partnership with industry leaders Related Group and Dezer Development, has revealed Rosewood Residences Hillsboro Beach, a boutique condominium set to bring a new standard for residential offerings to the affluent Hillsboro Beach’s “Millionaire’s Mile”. Offering a coveted collection of only 92 ultra-luxury, waterfront condominium homes and villas, just two miles from both Boca Raton and Pompano Beach, the development will provide owners with unparalleled access to the region's most picturesque beaches, golf courses, and unspoiled natural surroundings. Combining this supreme setting with high-design and a broad assortment of resort-inspired amenities, Rosewood Residences Hillsboro Beach will usher in a next-generation residential experience that will delight longtime Floridians and snowbirds alike. Sales will commence this month with the project scheduled for completion in 2026.

Known as "Millionaire's Mile," the singular stretch of Florida coast that comprises the Hillsboro Beach neighborhood has drawn in affluent homeowners for decades. Its warm sands, glittering turquoise waters, and relaxed lifestyle contribute to an idyllic way of life that wraps seaside serenity in luxury.

"It is immensely rewarding to announce Rosewood Residences Hillsboro Beach as our latest standalone residential project in such a highly sought after community," said Brad Berry, Vice President of Global Residential Development at Rosewood Hotel Group. "Millionaire's Mile has a strong value proposition for buyers that allows for a certain level of escapism, bridging the foundations of a luxury resort with the comfort and familiarity of home. It is a unique parcel that allows for an undeniably elevated style of living, thereby a perfect fit for our growing brand footprint."

Rising ten stories above its pristine residential surroundings, Rosewood Residences Hillsboro Beach will give residents the chance to curate a personalized slice of paradise through the project's planned 92 residences and 11 private boat slips. With architecture helmed by Arquitectonica, an international firm known for bringing bold modernism to urban landscapes since 1977, and the acclaimed Dutch design firm Studio Piet Boon overseeing the interiors, the property has been crafted to stay true to Rosewood's guiding A Sense of Place™ philosophy.

Split between 70 beachfront residences and 22 coastal residences, all homes will highlight their enviable setting through a myriad of features. Both buildings have been designed to be reminiscent of a regal yacht, blending the indoors and outdoors with soft, curving terraces, ample natural light and sprawling exterior spaces. Inside, a soft color palette will envelop the units and shared spaces, all of which will showcase an interesting mix of textures including natural wood, limestone accents and biophilic elements. Living flora will be found throughout the buildings' walls and expand out from the garden spaces, establishing a cohesive connection to nature. Each unit will feature expansive living, dining and sleeping quarters, with many offering private garages and master walk-in closets.

"We are truly honored to partner with Rosewood and Related Group on this exciting project," said designer Piet Boon. "Within the Studio Piet Boon total design vision, we've created a smooth transition between indoor and outdoor living, embracing the Miami light and the pristine seafront of Hillsboro Beach."

Six oceanfront and seven coastal penthouses will be available, each a secluded oasis carefully designed to provide the privacy and exclusivity of single family living. Each of these expansive homes will boast private rooftop pools and panoramic views of the glistening waters and the area's lush flora. Residences will range in size from 2,800 to 6,400 square feet, with the opportunity to combine units to create vast coastal retreats.

"We are proud to partner with a brand as respected as Rosewood as we continue our 40-plus-year tradition of pioneering the country's most desirable residential markets," said Jon Paul Perez, President of Related. "Hillsboro Mile has long been a haven for the country's elite. However, with our new development, we are upping the ante in a major way."

Known for a unique approach to residential development that centers on the concept of enriched living, an idea that the extraordinary can be found in the everyday, the Rosewood Residences brand will organize and oversee an extensive selection of resort-style amenities that prioritize ease, simplicity, and indulgence. The project's comprehensive light-filled wellness center will offer a private spa and salon; two state-of-the-art fitness centers featuring a yoga room; a sauna; tennis, paddle tennis and pickleball courts; and an on-site racquet court pro-shop.

Owners will also enjoy an exclusive oceanfront pool and outdoor spa area with sunbeds and cabanas, as well as direct access to a private stretch of beach equipped with lounge chairs, umbrellas, and food and beverage service.

Adding to the owner experience will be an array of elevated dining concepts helmed by a celebrated, soon-to-be-announced chef. These will include a private oceanfront restaurant, a convivial bar and grill, a stylish cocktail lounge, a sprawling café lounge with a daily breakfast bar, and a creamery.

Additional spaces and services planned for the property include luxury guest suites for visiting friends and family; a game room complete with high-tech virtual reality game simulators; a sunrise lounge perfect for entertaining and events; an intimate garden and meditation lounge areas with ocean views; a bocce court; two meeting rooms; a dog park; and a dramatic lobby complete with lounge space. The property will also feature a curated collection of museum-quality art hand selected by Related's world-renowned curatorial team.

"Rosewood Residences Hillsboro Beach features a prime location connecting the Intracoastal Waterway to some of the most beautiful beaches in South Florida," said Gil Dezer, President of Dezer Development. "Spanning nearly 12 acres of waterfront, this property, together with its pristine coastal dune and lush native landscaping, provides a rare canvas upon which this amazing development will be created. We are proud to partner with The Related Group to create an exceptional luxury residential experience."

While South Florida is no stranger to luxurious development, Rosewood Residences will offer buyers a new way to live and play, with a residential offering that channels the ease of resort living and high-touch service. With more than half of Rosewood's upcoming hotels and resorts featuring Rosewood Residences, the brand continues to take a thoughtful approach to development and evolution in the space, delivering high-end amenities and world-class service while providing buyers with access to some of the world's most sought-after locations.

Check Out The World-Class Kobi Karp-Designed Amenities At PPG Development's Slate Hallandale Beach

The Kobi Karp-designed Slate Hallandale Beach, a recently completed high-rise luxury rental property developed by Ari Pearl’s PPG Development, offers an unparalleled elevated living experience in Hallandale Beach, Florida. The project owned in partnership with BH3 Management and is open to residents. The 26-story luxury rental community with 250 modern residences is located at 101 Diplomat Parkway in Hallandale Beach.

Slate’s debut this past summer marked the first time Hallandale Beach has seen a rental development of this caliber. Delivering 20,000 square feet of amenities and $18,000/month penthouses make it unlike any other apartment community in South Florida, including a golf simulator, tennis courts, a wine cellar with personal storage for residents, concierge, valet and fully-loaded fitness facilities with Pilates equipment, Hydrow rowers and more.

Designed by Kobi Karp Architects & Interior Design, Slate Hallandale Beach offers an elevated living experience beyond comparison, bringing NYC-style ultra luxury rentals to South Florida and represents another milestone for Hallandale Beach as the city continues to allure residents with its fantastic beaches, world-class dining and entertainment and unparalleled residential offerings. The project is part of a $500-million makeover of the Diplomat Golf Resort & Tennis Club into The Shell Bay Club, which includes an Auberge Resorts hotel and brand new Greg Norman-designed 18-hole course.

The thoughtfully designed floor plans range from one to four bedrooms and offer stunning views with spacious open-floor plans, sweeping 10-foot ceilings and expansive terraces with floor-to-ceiling glass windows and doors for seamless indoor and outdoor living. Well-appointed, modern design elements are incorporated throughout the interiors with sleek finishes, top-of-the-line Samsung energy efficient appliances, quartz stone waterfall edge kitchen islands, luxurious bathrooms with floating vanities, glass-enclosed showers and soaking tubs in some units. A limited selection of penthouse units feature 14-foot ceilings and breathtaking views of the Atlantic Ocean and Intracoastal Waterway.

Slate Hallandale Beach offers a sophisticated blend of sustainability and modern grandeur, the building enhances the lifestyle of residents through more than 20,000 square feet of resort-inspired amenities and first-class services in the heart of Hallandale Beach. The amenities are designed for any golf enthusiast and fitness junkie, featuring as a golf simulator, state-of-the-art fitness facilities, tennis courts, and more.

Residents at Slate have access to one of the most diverse and well-rounded fitness facilities ever seen in a rental community outside of NYC. The fitness center features a training room for individual workouts with a Pilates reformer and chair, Echelon Reflect smart fitness mirror, Nexersys boxing trainer, boxing bag, TRX suspension system and more cardio room with Hydrow rowers and Echelon cycling bikes strength conditioning room with resistance machines and free weights.

The lavish spa lounge offers a sauna and massage treatment rooms. Slate also offers a spa soaking hot tub for residents catching rays outdoors by its expansive resort-style outdoor pool and cabanas.

Rounding out the offerings are a game lounge and kid’s playroom, golf simulation room, business center and conference room, movie theater, event space, wine cellar with personal lockers available for reservation, as well as a dedicated pet area and grooming station, a dog park, an electric car-charging station, and a bicycle station. On-site valet, a concierge and a 24-hour doorman provide residents and their guests with exceptional security and service.

Slate Hallandale Beach overlooks The Shell Bay Club, the first new golf course in the Miami area in over 25 years. Shell Bay represents the new frontier of elite clubs, bespoke residences, and elevated wellness and leisure, offering one of the most exclusive private members clubs in North America. The Shell Bay Club includes a 7,250-yard championship golf course designed by Greg Norman, a 12-acre practice facility with a 9-hole par 3 course, a premier racquet center with four Grand Slam tennis surfaces, pickle ball courts, and padel courts, a 48-slip private yacht club, and a private Member’s Clubhouse with a spa and performance fitness center.

Two Roads Development Reveals Lavish $10 Million Sales Gallery For EDITION Residences, Miami Edgewater

Following the launch of sales late last year, Two Road Development has revealed the lavish, $10 million state-of-the-art sales gallery for EDITION Residences, Miami Edgewater, the global hotel brand’s first independent collection of fully serviced luxury condominium residences. The unique space will provide future homebuyers with an immersive experience into the quality of design, lifestyle, services, and amenities signature to EDITION that the project will bring to Miami’s Edgewater neighborhood.

EDITION Residences, Miami Edgewater will be situated at 2121 North Bayshore Drive in the heart of Edgewater, one of Miami’s premier neighborhoods for luxury, waterfront high-rise living. The 55-story tower will boast more than 800 linear feet of bay frontage with 185 bespoke homes showcased in a sleek glass tower designed by visionary architect Bernardo Fort-Brescia, founder of Arquitectonica, with acclaimed interiors by Studio Munge led by Alessandro Munge.

Construction of EDITION Residences, Miami Edgewater is slated to begin in Summer 2023, with an estimated delivery timeframe of 36 months. The project’s sales team has secured more than $160 million in condo reservations and is expected to begin contract conversions over the next month.

On March 30, 2023, Two Roads Development, the developer of the EDITION Residences, Miami Edgewater, and Douglas Elliman Development Marketing, the project’s exclusive sales and marketing brokerage, celebrated the official opening of the sales gallery, located along the waterfront at 2060 North Bayshore Drive, Ste. B-101, just steps away from the EDITION Residences site. The lavish event was attended by many VIPs and A-listers, including City of Miami Mayor Francis Suarez and members of South Florida’s real estate elite. The one-of-a-kind affair featured a surprise performance by DJ Ruckus. Known for doing things a little differently, the evening ended with a captivating drone show, lighting up the Miami sky with dynamic visuals. Demonstrating how the EDITION Residences, Miami Edgewater will shape the Magic City’s distinct skyline, the display included an outline of the sleek glass tower.

The sales gallery leaves no detail unturned, featuring neutral-colored furnishings, luscious greenery, and architecturally unique accents throughout the space. A virtual reality room portrays the essence of indoor-outdoor living, boasting unobstructed views of Biscayne Bay, the Atlantic Ocean, Downtown Miami, and the Miami Beach skyline. To demonstrate the building’s expansive floorplans and state-of-the-art finishes, the sales center includes a replica of the master bathroom, kitchen, and living room.

“The EDITION Residences, Miami Edgewater offers a residential experience with the unmatched creativity, allure and expertise only the EDITION brand can deliver,” said developer Taylor Collins, Managing Partner of Two Roads Development. “With bold architectural details envisioned by Arquitectonica, the building itself is a work of art – and our sales gallery gives buyers a taste of what they can expect from their future homes in terms of the exceptional service, refined designed and one-of-kind lifestyle that awaits them.”

Impeccably finished residences will range from one-bedroom-plus-den to four-bedroom floorplans measuring between 1,952 and 3,864 square feet in size, priced from $1.9 million. Marking the pinnacle of luxury, the tower will also feature three expansive tri-level penthouses, each with private rooftop pools and gardens.

Exuding the same level of luxury of the famed hospitality brand, the EDITION Residences, Miami Edgewater will introduce over 45,000 square feet of expertly-thought-out amenity spaces where owners can live, work, play and entertain guests. Touted amenities include two resort-style pools, a club lounge, a library, private training studios, a rich spa program, and six Guest Suites.

Launch Event

Sales Gallery

Renderings

Images via World Red Eye

MV Real Estate Holdings Locks Down Construction Loan And Breaks Ground On Miami Senior Affordable Housing Development

The first project in collaboration between Miami-Dade Public Housing and Community Development (PHCD), Miami-Dade Parks, Recreation and Open Spaces (PROS), and Miami-Dade Transportation and Public Works (DTPW) with the private sector created to provide attainable housing solutions to seniors has been given the green light to begin construction. MV Real Estate Holdings, LLC is set to break ground on the highly anticipated Ludlam Trail Towers on March 14 in Miami, Florida. Positioned between Coral Way and Southwest 69th Avenue intersection, the project is estimated to cost $25 million.

Centennial Bank provided a $7.5 million construction loan to Ludlam Trail Towers, LLC. The Bank’s SVP, Senior Commercial Loan Officer Yuleisy Montalvo, worked jointly with Lument, who is providing a guaranteed Freddie Mac permanent takeout with a fixed rate to Ludlam Trail Towers upon receipt of its certificate of occupancy (CO). Centennial Bank is a full-service financial institution with branches in Florida, Arkansas, Alabama, Texas, and New York and nearly $24 billion in total assets.

“This project is the culmination of the vision of the elected County officials and administrators seeking to help the most vulnerable in our society, the County Parks Department looking to bring the Ludlam Trail to fruition, the Miami-County Department of Transportation seeking to provide connectivity to the Trail over Coral Way and MV Real Estate Holdings who is contributing private dollars and will ultimately be building and executing on this vision that we believe will be transformative to so many,” said Alex Mantecon, managing partner of MV Real Estate Holdings.

Led by Alex Mantecon and Guillermo D. Vadell, managing MV Real Estate Holdings members, Ludlam Trail Towers is expected to redefine attainable housing solutions in a submarket that has not seen any projects with similar characteristics in over a decade. The funding of this project was a collaboration of private equity dollars and four different funding sources at the County level with financing provided by Centennial Bank who provided the construction loan, Lument who provided a Freddie Mac forward commitment and a Miami-County Surtax gap funding loan. This structure allowed the construction lender to be more aggressive in this challenging environment. The financing teams were spearheaded by JC de Ona and Yuleisy Montalvo at Centennial and Marc Suarez at Lument.

“It is great to see not only the public private partnership step up but also the capital markets to support the development of affordable housing,” said Marc Suarez, Managing Director at Lument.

"We are honored to be part of a project that touches upon so many critical needs in our community and to shed light into a parcel of the population that is often forgotten," said Alex Mantecon, managing partner of MV Real Estate Holdings. "There is no doubt that Ludlam Trail Towers will redefine urban living in Miami-Dade County for the elderly while at the same time creating a one-of-a-kind amenity in the Ludlam Trail linear park to be enjoyed by all."

The 64 rental units development composed of two buildings with four and five-story will encompass 760-square-foot one-bedroom, one-bathroom units to 1,000-square-foot two-bedroom, two-bathroom residences. The towers on either side of Coral Way will be connected by a pedestrian bridge that spans over Coral Way and will be a part of the Ludlam Trail.

The project will leverage its exclusive location with direct access to the Ludlam Trail linear park and include a multipurpose room available for the public, allowing residents to interact with them while allowing them to participate in fitness activities. The property is located along the Ludlam Trail, a 6.2-mile multiuse public trail running north to south from Miami International Airport to Dadeland Mall. It will connect with the Underline and circle back to Downtown Miami, thus creating 16 miles of uninterrupted trails inside our urban core.

“Our seniors struggling with rising costs across the board deserve access to safe and affordable housing," said Commissioner Kevin Cabrera. "I’m excited to see the construction of the Ludlam Trail Towers, which help the seniors of our district live out their golden years with dignity. Looking forward to continuing to work with our partners on initiatives to tackle our community’s housing crisis.”

The Ludlam Trail Towers is one of the many scheduled residential projects for the trail as part of the redevelopment of the abandoned railroad track. Additional projects on the trail include a 312-unit apartment complex on the Bird Road Node also led by MV Real Estate Holdings in partnership with Altman Companies and Mattoni Group, an 84-unit workforce housing complex on 8th street, and a 950-unit apartment building with retail stores, and a dog park on 8th street as well; every project is currently in different phases of development.

First Florida is the General Construction company responsible for Ludlum Trail Towers with an expected completion date by the summer of 2024. Reservations will be available starting spring of 2024.

Terra And One Thousand Group Join Forces With Major Food Group To Reveal 'Villa' In Edgewater

Iconic Miami-based real estate development firms Terra and One Thousand Group have joined forces with hospitality powerhouse Major Food Group to reveal the Villa, a gleaming ultra-luxe waterfront tower in Miami’s Edgewater neighborhood. The Villa will be one of the most coveted residential and lifestyle experiences in the world, created by a first-of-its-kind partnership uniting the visionaries behind some of the most acclaimed hospitality, private club and residential experiences to shape the future of modern luxury living.

A 58-story, 650-foot-tall crystalline tower with a copper color-cladded exoskeletal design, the Villa will be available to as few as 50 families, offering expansive full-floor vertical “villas” with 360-degree views of Biscayne Bay and the city, as well as astonishing levels of personalized service, curated amenities, crafted design, and privacy. This venture unites a group of Miami’s most respected legacy developers for the first time, Terra, led by CEO, David Martin, and One Thousand Group, Co-Founded by Kevin Venger and Louis Birdman along with partner Michael Konig. Terra has been known for tapping Pritzker-Prize-award-winning architects, from Bjarke Ingels to Rem Koolhaas and Arquitectonica, to build its cutting-edge portfolio which includes Grove at Grand Bay and Park Grove, while One Thousand Group are the innovators behind Miami’s iconic One Thousand Museum by Zaha Hadid Architects.

“We’ve been at the forefront of presenting legacy developments that are transformational to key neighborhoods,” says David Martin, CEO of Terra. “Villa is the project that marks the coming of age for the Edgewater neighborhood. The unrivaled level of service, social amenities, design and architecture, combined with the full floor residences is going to be a defining factor for the area.”

The creative forces of Major Food Group, the hospitality powerhouse behind CARBONE, Contessa, Dirty French and Sadelle’s, reshaping Miami’s dining landscape over the past two years, will develop every last detail of the luxury hospitality experience at the Villa. The program MFG has conceptualized includes a superior collection of resident-only lounges, bars, and restaurants. The vision reflects MFG’s style of decadence, impeccable white glove level of service and expertise in creating a range of dynamic environments that represent the pinnacle of dining and luxury.

“All the players on this dream team have unparalleled track records of giving the world the very highest level of firsts in their respective industries,” says Major Food Group Co-Founder Jeff Zalaznick. “There is no doubt that Villa will set the standard that luxury developments are measured by for decades to come.”

“Many of our owners at One Thousand Museum—and the many buyers who missed out on that opportunity— all keep asking, ‘What’s next?’ We had to deliver something even more exclusive, responsive to the demands and lifestyle of the highest-profile residents and celebrity buyers in the world.” Adds One Thousand Group Co-Founder, Kevin Venger

Villa not only represents the first-ever collaboration between Terra and One Thousand Group, but also the first foray into a collaboration between Major Food Group and interior designer Vicky Charles of Charles & Co. for the luxury condominium’s design and programming. Charles is known for her work as former design director at Soho House and for commissions for the likes of Sony Music, Goop, George and Amal Clooney, Ashton Kutcher and Mila Kunis, and David and Victoria Beckham, including the interiors for their Penthouse at One Thousand Museum. Charles & Co will lead the interiors for the Villa. Major Food Group and Charles will collaborate closely to perfect the residential and hospitality environments.

To develop best-in-class residential kitchens that merge sophistication with practicality, famed Major Food Group Co-Founder Mario Carbone will draw on his signature sense of style, and the wisdom he has amassed over his career cheffing in the most hallowed dining destinations in the world.

“We look forward to harnessing our unrivaled passion, knowledge, and love for the act of cooking to create the perfect modern home,” says Carbone.

Leading the architectural design team is local rising star Kurt Dannwolf, of O’Donnell, Dannwolf & Partners (ODP Architects), whose renowned CV includes collaborations with such luminaries as Zaha Hadid Architects, Foster + Partners, OMA, KPF, SOATA, Elkus Manfredi Architects, Herzog & de Meuron, and MAD Architects. Global structural design firm DeSimone—whose more than 10,000 building designs include the most recognizable high-rises in New York and Miami—will engineer this impressive structure.

Rounding out the team is one of the world’s most renowned landscape architects, Enzo Enea, of Switzerland.

Renderings via Binyan Studios

The Estates at Acqualina Reveals 'Villa Acqualina' 45K SF Residents-Only Ultra Luxury Amenity Complex

The Estates at Acqualina, the highly anticipated $1.8 billion ultra-luxury residential development located in Miami's Sunny Isles Beach, has revealed Villa Acqualina, the 45,000-square-foot residents-only amenity complex in collaboration with New York-based architecture and design firm Reddymade Architecture & Design and Miami's STA Architecture Group. The Estates at Acqualina also collaborated with the late Karl Lagerfeld, who designed the lobbies as his first interior design project in the United States.

Villa Acqualina, situated between the North and South Residential Towers, is adjacent to Acqualina Resort & Residences. Led by award-winning architect and designer Suchi Reddy, Villa Acqualina's design was inspired by the Acqualina brand's reputation for unparalleled quality and luxury and given a cool, contemporary design scheme.

"I wanted to create a singular signature in the amenity spaces that reflects the quality of the Acqualina brand," says Reddymade-founder Suchi Reddy. "We wanted to design unique experiences in each space that synthesizes playfulness and beauty," she continues, "from a magical ice rink that feels like an underwater ice cave to a vibrant and dynamic bowling alley that embodies the energy and movement of the game."

Villa Acqualina is spread over four full floors and features a cinema, golf simulator, Formula One racing simulator, and an ice skating rink that feels like a translucent crystalline cave in one section, along with a duplex nightclub and speak-easy in another. The latter is wrapped in walls of translucent glass and video installations and, when not filled with revelers, feels like an oversized art installation. It's an all-day destination for socializing, working out, or indulging in a well-earned dose of self-care.

Meanwhile, up above is ACQUAFIT, the wellness space set at the Villa's upper level designed by Miami's STA Architecture Group. According to STA's Todd Tragash, ACQUAFIT is divided into three distinct areas – all facing the Atlantic. At its airy center point is a cardio-fitness area; to one side is a studio for spinning, yoga, TRX, and Pilates; on the other is space for cardio, a boxing ring, and stretching.

Tragash has clearly looked to the ocean for his core inspiration; "the color palette is a striking contrast of black white with splashes of 'Dreaming Green' marble etched jade mirror accents," he said. "Within the ceiling, we placed mirror-polished stainless steel ovals to evoke a water ripple effect.

"The Estates will not only provide the world's finest residences but also the world's most luxurious amenities for our residents, redefining the standard for sophisticated living," said Jules Trump, developer of The Estates at Acqualina.

Villa Acqualina is also home to Avra Miami, the Miami-outpost of the acclaimed Greek restaurant from NYC. The Miami outpost is a dining experience like no other, with a covered outdoor dining patio overlooking the Atlantic Ocean, bringing the laid back Greek Island vibes and cuisine to Sunny Isles Beach.