PROFILEmiami & Ella Miami Beach Present: The Revitalization of North Beach - An Exploration Into The Past, Present & Future

DATE CHANGE: RESCHEDULED TO NOVEMBER 1

PROFILEmiami and Ella Miami Beach are pleased to present ‘The Revitalization of North Beach: An Exploration Into the Past, Present & Future’, featuring an immersive panel event exploring Miami Beach’s North Beach, its rich past, and fast changing landscape with new developments such as Ella Miami Beach ushering in a new era of sophisticated living to the storied neighborhood. The evening will include an in-depth discussion on the revitalization of North Beach along with cocktails and networking at Ella Miami Beach’s Sales Gallery on Collins Ave.

The relaxed and open setting provides an opportunity for attendees to learn about the current and future state of North Beach and how new developments such as Ella are giving a nod to the neighborhood’s past. The sales gallery provides an intimate yet luxurious setting to enjoy cocktails, as well as juices and bites by Pura Vida, while networking with some of South Florida’s preeminent real estate leaders. The engaging panel will feature keynote speakers Eduardo Otaola of Constellation Group and developer of Ella Miami Beach; Raymond Fort of Arquitectonica; Daniel de la Vega of ONEsir; and Tracy Slavens of LSN Partners, LLC; moderated by Demetri Demascus of PROFILEmiami.

The stunning, state-of-the-art, showroom for Ella Miami Beach provides a sneak preview of the art deco inspiration, style and sophistication of the project being developed by Constellation Group, The Boschetti Group, and Vietmar. The 10-story boutique condominium will soon rise in the heart of Miami Beach at 6940 Abbott Avenue. Ella Miami Beach will feature 95 residences exclusively marketed by ONE Sotheby’s International Realty including studios to two-bedroom floor plans ranging from 434 to 1,076 square feet. Prices start in the upper $600,000s, an attractive entry price for a new-build product in Miami Beach, where new construction pricing typically starts at approximately $1 million. The new construction building is expected to break ground in the first quarter of 2024 and is slated for completion in 2026.

Who Should Attend: Developers, Investors, Brokers, Lenders, Architects, Lawyers, Designers, Wealth Managers, Financial Planners, CPAs and other Business Professionals.

Date: November 1, 2023 | 6 PM - 8 PM

Where: Ella Miami Beach Sales Gallery, 6897 Collins Ave. Miami Beach

Panelists:

• Raymond Fort, Arquitectonica

• Eduardo Otaola, Constellation Group

• Daniel de la Vega, ONE Sotheby’s International Realty

• Tracy Slavens, LSN Partners, LLC.

• Moderator: Demetri Demascus, Co-Founder of PROFILEmiami

SPEAKERS

Moderator:

Hosts & Sponsors

Hosts:

GFO Investments Launches Sales at Gale Hotel & Residences In Downtown Miami

Gale Hotel & Residences Miami has launched sales of their fully approved short-term rental building in Downtown Miami with pricing starting in the mid $400K’s. The project located at 601 NE First Avenue in Downtown Miami is a flagship project developed by hospitality entrepreneur Keith Menin along with Marisa Galbut, through their development firm, Sixth Street Miami Partners LLC, by GFO Investments. Cervera Real Estate is the exclusive sales and marketing team for the development.

“Gale Hotel & Residences Miami is a landmark project for our team,” says Keith Menin of Sixth Street Miami Partners LLC. and Menin Hospitality. “We are thrilled to have incredible continued success with the Gale brand and couldn’t think of a better time to launch this residential and hotel offering. It’s a one-of-a-kind development in Downtown Miami that will fill a gap in the market and open early next year, offering not only an amazing hotel, but services and a concierge program that will connect residents and guests to incredible experiences all around them.”

Fully approved as a short-term rental and hotel building, the development offers studio, 1- and 2- bedroom units ranging from 410 to 910 square feet, with prices ranging from the mid $400’s to over $1 million. In addition to its strategic location near Miami Worldcenter just steps away from all Downtown Miami has to offer, the hotel units will be listed on over 75 homesharing and hotel listing websites through Gale Hotel & Residences Miami distribution system. The developers have forged relationships with key organizations and groups in the area to provide top concierge offerings such as transportation to and from Port of Miami, Brightline, Kaseya Center, Adrienne Archst Center and more. Through Menin Hospitality owners and guests at Gale Hotel & Residences Miami will also have access to a beach club and hospitality pass.

“Downtown Miami’s growth is not slowing down. Evidence of that comes with the recent announcement of the new restaurant and retail outlets at Miami Worldcenter slated to open simultaneously with the delivery of a fully-finished Gale Hotel & Residences Miami. We couldn't be more eager to take advantage of this momentum and excitement in this evolving city,” says Alicia Cervera of Cervera Real Estate. “Buyers are searching to own a piece of Miami that connects them to everything from ‘sports to ports’ and beyond. There’s never been a more perfect time to own real estate in a thriving Downtown that is truly finding its identity as a cultural and entertainment mecca.”

Joint amenity spaces between Gale Miami Hotel and Residences and Nativo™ Miami span an impressive 70,000 square feet across three floors. Overlooking panoramic views of Biscayne Bay and the Miami skyline, the project will feature multiple full-service restaurants, including Menin Hospitality’s Bodega Taqueria y Tequila, and bars on the same level as the exotic resort pool with pool-side cabanas. Inside, a kids-focused playroom and multitude of event spaces can be reserved and utilized by residents and guests alike. For business needs, there is a full dedicated floor equipped with video-capable conference rooms featuring cutting-edge technology and promoting connectivity, in addition to flexible ballrooms, multiple private meeting rooms and breakout areas catering to those seeking versatile event spaces.

The development features a variety of wellness amenities, catered to those looking to achieve a healthier lifestyle and prioritize their well-being while on-the-go. In addition to its state-of-the-art fitness facility, owners and guests will find a yoga lounge and terrace, steam room, sauna, hammam, and spa with massage and treatment rooms, for their comprehensive health and wellness needs. For a post-workout refreshment, there's a juice bar to provide a revitalizing boost.

Additionally, Gale Hotel & Residences Miami features cutting-edge green technology, hosting “smart building” features that include ultra-high-speed internet access, wiring for HDTV, and multiple telephone data lines. Other luxurious amenities include a 24-hour attended lobby with a lounge that welcomes residents and guests, along with 24-hour valet parking for convenience at every hour. Notably, the ground floor encompasses 9,000 square feet of restaurant space, which includes an outdoor garden and the exclusive street-front dining destination, Bodega Taqueria, curated by Menin Hospitality. Private beach club access on Miami Beach and a convenient shuttle service further enhances the overall experience for residents and guests.

The project’s architect, Arquitectonica, has collaborated with Urban Robot for interior design and landscape architecture to create a true mixed-use project to create a landmark building in the heart of Downtown Miami. Gale Hotel & Residences Miami’s design offers panoramic ocean views juxtaposed with the expanding skyline of Biscayne Bay and Miami while being poised in a Downtown walkable hub.

Renderings via Elephant Skin

K-5 Charter School Mater Academy Announces New Campus At SoLé Mia

Mater Academy has announced its future campus, Mater Academy SoLé Mia, a K-5 charter school that will be located in North Miami’s vibrant SoLé Mia development. Mater Academy anticipates the 90,000 square foot school will open its doors in the fall of 2025 for total enrollment of up to 1,500 students over two phases. The charter school, like all Mater schools, is committed to providing high-quality education to students, with a focus on academic excellence and personal growth.

The new state-of-the-art facility will feature modern classrooms, advanced technology, and ample green space, ensuring that students have everything they need to succeed academically and build the hard and soft skills necessary for establishing a firm and robust educational groundwork. The school is designed to foster a sense of community and belonging, with a strong emphasis on student engagement and personalized learning.

"With over 25 years of illustrious history, Mater Academy has been dedicated to providing top-tier education in Florida," said Roberto Blanch, President of Mater Academy. "Our commitment to being a leader in education, alongside outpacing trends in both education and facility design, ensures we effectively serve the community. Our aim is to ignite the potential in every student, and we are confident that our Mater Academy SoLé Mia campus will exemplify this high standard."

Mater Academy SoLé Mia will offer a rigorous curriculum that prepares students for success in college and beyond. The school places a strong emphasis on advanced STEM academics, with a comprehensive program that includes courses in science, technology, engineering, and math. The school will take advantage of its lush surroundings and proximity to Oleta River State Park to expose students to natural sciences. Students will also have access to a range of extracurricular activities, including sports, arts, and clubs, providing opportunities for personal growth and development. Graduating fifth graders will have the opportunity to continue their education within the Mater network at nearby high-performing Mater schools such as Mater Academy Biscayne Middle and High School.

“The announcement of Mater Academy SoLé Mia is a significant milestone for SoLé Mia,” said Richard LeFrak, Chairman and CEO of LeFrak. “We are proud to be a part of

this project, which will provide a world-class education to students in the area and contribute to the continued growth and development of the community.”

“Excellent academic institutions are essential to the vibrant, resilient place-making. The residents of SoLé Mia, as well as the doctors, nurses and administrators of the future University of Miami’s UHealth Medical Center, will benefit from having Mater Academy join our community,” said Jackie Soffer, Chairman and CEO of Turnberry. “For the students at Mater Academy who live at SoLé Mia, the simple pleasure of walking to school in the mornings will be an everyday reality.”

As SoLé Mia’s residential population continues to grow, Mater Academy will directly support the neighborhood’s expanding student body with top-notch education close to home. Spanning 184 acres, SoLé Mia sits between Biscayne Boulevard and Biscayne Bay nearby Oleta River State Park, where more than one thousand occupants currently reside at the completed residential buildings – The Shoreline, Villa SoLé and Villa Laguna – and enjoy the development’s spacious, holistic amenities. As a city within a city, the addition of Mater Academy to SoLé Mia solidifies the development as a walkable destination that prioritizes wellness, convenience, and the growth of the surrounding community.

Renderings via Academica

Dolce&Gabbana and JDS Launch Fashion House's First Global Residences and Hotel at 888 Brickell Supertall Tower

Dolce&Gabbana has unveiled 888 Brickell, its first real estate project in Miami, in collaboration with developer JDS Development Group. The supertall tower will be the tallest building in the city at 1,049 feet, rising 90-stories, and will offer 259 custom residences interior designed comprehensively by Dolce&Gabbana, along with a 5-star hotel. Together, 888 Brickell will be a place to savor the splendor of luxury, and to experience the authentic Dolce&Gabbana lifestyle in one of the most vibrant cities in the world. Pricing will range from approximately $3.5 million to over $35 million with sales and marketing exclusively overseen by OFFICIAL Partners.

A striking new addition to the Magic City skyline with its stone-cladded exterior and glossy black façade, 888 Brickell, Dolce&Gabbana, Miami will be the tallest building in Miami, establishing a new standard in the architectural landscape. The façade, designed in collaboration with architects Studio Sofield, features an elegant and restrained combination of ivory travertine and matte black steel beams that give the building an expressly vertical appearance, setting it far apart from its neighbors.

Towards street level, the building dons a gold beaded “necklace” that brings a warm luster and brilliant shine to the property. Inspired by quintessential modernist skyscrapers and Milanese mid-century design and fashion, 888 Brickell, Dolce&Gabbana conveys a striking and bold architecture in Miami.

“We are proud to keep the value of Italian Fatto a Mano as the defining ethos within all our projects: after the launch of our Casa Collection, it was natural to think of a residential project developed in accordance with the very best in Italian hospitality. We wanted to present 888 Brickell as part of our latest Alta Moda events, in Puglia, a perfect and meaningful context to kick off an initiative of this magnitude. We are happy to be able to present our first residential project in Miami, a city that has always welcomed us with enthusiasm, a global destination with an unparalleled culture and lifestyle: we can't wait to pave the way for our interior design experience at 888 Brickell.” Said Alfonso Dolce, CEO at Dolce&Gabbana.

“At a time when Miami is enjoying an incredible renaissance, we are proud to launch a global first collaboration at 888 Brickell with Dolce&Gabbana. For us, Dolce&Gabbana is the perfect partner to realize this new chapter and future vision for our iconic tower. The global fashion house’s pursuit of quality and detail in design — together with their ability to create a beautiful world of authentic lifestyle filled with incredible hospitality — ensures we are absolutely embarking on a successful, creative journey for our future residents and visitors alike.” Said Michael Stern, Founder and CEO at JDS Development Group.

Renowned for their unwavering dedication to craftsmanship and their relentless commitment to sourcing luxurious and well-considered materials, Dolce&Gabbana elevates the design of 888 to an unmatched level. Each of the 259 residences, encompassing a range from 1-4 bedrooms, is meticulously curated by Domenico Dolce and Stefano Gabbana. From bespoke hardware and rare wood and stone species to impeccably tailored furniture and hand-crafted millwork, Dolce&Gabbana brings its signature glamour and grace to every square inch of the residences at 888.

Every home is a complete turnkey offering, thoughtfully designed to effortlessly transition from a private residence to separate, individual private suites. Exuding sophistication and refinement, the residences at 888 are fully appointed, ensuring a seamless experience.

Dolce&Gabbana and JDS Development conceived, designed, and programmed every inch of the 115,000 square feet of amenities throughout the property. The idea is to just show up, and everything is taken care of. From the moment you wake up to the moment you go to sleep, every whim and desire is anticipated.

Home to both a premier hotel offering world-class hospitality and 259 exquisitely furnished private residences by Dolce&Gabbana, 888 is an unprecedented hybrid of lifestyle-driven hospitality and elevated residential development. Spread over eight floors, 888 features a robust suite of amenities focused on entertaining, sports, leisure, wellness and fitness, and dining.

Amenities include a Porte Cochere arrival below a gold beaded decorative screen and custom pendants; a signature restaurant curated by Dolce&Gabbana; a private residential lobby; a double-height indoor panel court; fitness center, golf simulator; cold and hot plunge pools; a recovery spa and a a double-height grand lobby with two bars. The 4,000 SF pool deck features a grand pool bar with poolside service; a pool deck restaurant; private cabanas with flexible shade devices; and water lounge chairs. There will also be a grand event space with outdoor terrace; demo kitchen with private dining, theater space, pool tables and wine cellar.

Images via LL&CO

"Siesta Key" MTV Star Sam Logan Buys Miami Beach Waterfront Mansion For $13 Million

MTV reality star Sam Logan of “Siesta Key” has acquired Villa Una, a Kobi Karp-designed waterfront mansion in Miami Beach for $13 million in an all cash deal. The new construction 5,600 SF home located 1485 Cleveland Rd. in Miami Beach offers 6 bedrooms and 6.5-baths on 0.26 acre lot. Jordan Karp of Jordan Karp LLC represented the buyer, Logan, while Pier Paolo Visconti and Claudia Llanes of Douglas Elliman represented the sellers.

The tropical modern home features striking Italian craftsmanship and was finished completely custom with the finest materials including custom millwork doors, French white oak floors and formal living spaces with exquisite details throughout. The indoor-outdoor paradise features incredible waterfront views from every room with majestic sunsets. Villa Una also features a custom Italian chefs kitchen, home office, elevator, gym, media room and a 1,000 SF master suite with an oversized closet. The home is fully automated with Crestron/Lutron and state-of-the-art technology throughout including a Tesla charger. Outside features a pool and 75’ of waterfront on Biscayne Bay with no fixed bridges to the Haulover inlet for ocean access.

Images via Kobi Karp Architects & Interior Design

Meet Our Commercial Panelists For "PROFILEconnect: State of the Market Miami 2023 Presented by the Lighting Studio"

On September 21 PROFILEmiami is set to host our largest event yet as the next installment of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series will bring together some of the top developers, investors, financiers and architects in Miami to discuss the state of South Florida’s real estate markets. The 'State of the Market Miami 2023 Presented by The Lighting Studio’ will feature both a residential panel and a commercial panel matched with a trendy evening soirée of bespoke networking and cocktails by E11EVEN Vodka.

The ‘Commercial RE State of the Market Panel’ will offer an immersive discussion exploring current commercial real estate markets, which asset classes are poised for growth, entertainment & hospitality, capital markets and how are they impacting commercial real estate prices and future market outlooks for multifamily, office, retail, hospitality and industrial real estate. The commercial panel brings together some of the most active developers, investors and financiers in commercial real estate, moderated by one of the leading hotel architects in Miami. Highlighted panelists include hotelier Ronny Finvarb of Finvarb Group, who is currently developing The Thompson South Beach and recently delivered the Kimpton Palomar South Beach; commercial real estate investor Robert Rivani, who has invested over $100 million into world-class restaurant and retail properties in Miami; hotel developer Alex Witkoff of Witkoff Group, who is currently redeveloping The Shore Club Hotel & Residences and Shell Bay; multifamily developer Lisette Calderon of Neology Life, whose developments include Pier 19 Residences & Marina and The Julia; leading financier Scott Wadler of Berkadia who have overseen $2.6 billion in volume and recently oversaw a $270 million loan for 152 NW 8th Street in Downtown Miami and a $215 million construction loan for Wynwood Plaza; and legendary architect Kobi Karp who has recently designed 1Hotel in Miami Beach, and Panorama Tower and The River District in Brickell.

Thank you to our Sponsors:

Meet Our Panelists:

Ronny Finvarb, Principal at The Finvarb Group

Ronny Finvarb, Principal of the Finvarb Group, develops and owns award-winning hospitality projects, including multiple Marriott-branded hotels in Florida, Texas and Arizona, the Kimpton Palomar South Beach and the highly-anticipated, nearly complete Thompson South Beach, among others. Ronny also recently acquired the iconic Macy’s South Beach, the Landon Bay Harbor, including The Palm restaurant, and an assemblage in Deerfield Beach, including JB’s on the Beach, among others.

Ronny holds B.B.A. and J.D. degrees from the University of Miami and is a member of The Florida Bar. He previously served as Executive Director of Business & Legal Affairs for two publicly-traded companies, including a division of General Electric (NYSE: GE), and also for one of the largest privately-held media, entertainment, telecommunications, technology and consumer products organizations in the world, the Cisneros Group.

The Finvarb Group is a real estate development and investment company specializing in developing quality mixed-use hotels in premium urban locations and in emerging and underserved markets throughout the United States. The Finvarb Group owns, develops and invests in areas with strong demand growth and which appeal to both business and leisure travelers alike. The Finvarb Group's hotels are linked by a common thread of excellence, distinctiveness and a passionate commitment to deliver outstanding quality.

Ronny is an active member of YPO, the premier leadership organization of chief executives in the world. In addition, Ronny serves on the following Boards:

• Board Member of the University of Miami Master of Real Estate Development and Urbanism (MRED+U) Advisory Board

• Tulane University School of Architecture Dean’s Advisory Council

• Board Member of the University of Miami Citizens Board

• Founders Board of Mount Sinai Medical Center

Robert Rivani, CEO at Black Lion Investment Group

Robert Rivani, President of Black Lion Investment Group, is an American entrepreneur, retail entertainment innovator and real estate visionary. Born in 1990, Rivani sold his first company–a footwear business–for $150,000 when he was only a teenager. From there, he went on to participate in day trading, only to lose most of his earnings. It was this first foray into the stock market that taught him patience and deliberation when it comes to investing. During the economic downturn of 2008 and 2009, Rivani worked at his family’s property management firm. He soon realized that there were opportunities in buying, flipping and re-selling inexpensive buildings in areas in need of development. He began doing this in Georgia, and then expanded to Wisconsin, Illinois and Texas.

Over time, he would perfect his business model and the art of the 1031 exchange. Rivani became increasingly interested in finding vacant or abandoned sites and transforming them into thriving retail and entertainment destinations. Throughout each process, Rivani always made it a goal to create ways to benefit the community. In 2014, Rivani created Black Lion Investment Group. He named it Black Lion because he feels he is the trend-bucking black sheep of the real estate world, and the lion is his favorite animal. To date, the company has transacted on over $500 million in real estate deals across the United States. Year over year, Rivani and Black Lion have consistently doubled their growth.

“I’m not your typical developer and owner, and never wanted to be. We have strong ambitions as a company, and are not afraid to take risks in this burgeoning new climate for entertainment and lifestyle real estate. As we begin to expand our portfolio, we are going to change the way it's done. I don’t follow trends. I want to set them to ensure future success,” says Robert Rivani.

Rivani sees the overlap of retail, entertainment and dining as a new frontier in real estate. Inspired by Miami’s high energy lifestyle, Black Lion presently focuses on entertainment-focused endeavors spanning from Brickell, Edge Water, Downtown, South Beach and all ever-expanding social scenes in South Florida. Through his company, Rivani has recently acquired the restaurant SLS Brickell, SLS LUX tower featuring the hot new restaurant Gekko with famed restaurateur David Grutman, Amara at Paraiso, One Thousand Museum, One Ocean, Marea and Continuum– all high profile restaurant spaces.

Furthermore, Rivani also has also developed a one of a kind property located in the heart of Wynwood, Miami’s famed creative hub. He acquired the property Wynwood Jungle to achieve this dream by dynamically changing the façade, look and feel of the center including building a 10,000 SF rooftop, all of which garnished 100% occupancy within 12 months of acquisition.

Rivani plans to invest another $100+ million into South Florida in the next year, as companies and individuals alike continue to relocate to the area from across the country. Rivani’s plans are certainly not limited to South Florida as Black Lion Investment Group has owned properties in 14 states. A historical and current profitable business model continues to be the retail power centers. Black Lion Investment Group currently owns a 300K+ SF center in New Jersey and a 100K SF center in Arizona. An early riser and a dedicated athlete (namely tennis and basketball), Rivani credits his disciplined routine for part of his success. His interests in life include spending time with his wife, traveling the world, and enjoying culinary adventures. Rivani has recently enjoyed his move to make Miami his primary home.

Alex Witkoff, Co-CEO at Witkoff Group

Alex Witkoff is responsible for overseeing all aspects of Witkoff’s development activities and operations from strategic development and conceptualization through execution. During his tenure at Witkoff, he has earned a reputation for consistently executing creative strategies across diverse asset classes. He is a key driver behind Witkoff’s mission to create dynamic, multi-faceted spaces that connect people and enrich their communities.

Among other projects, Mr. Witkoff is currently overseeing the development of One Highline, which features 236 residences and a flagship 120 key Faena New York hotel in Manhattan’s West Chelsea neighborhood; the former Diplomat golf club into a private golf club designed by Greg Norman, 100 branded residences, and a boutique hotel; 700 North Miami Avenue, a transit led residential development adjacent to MiamiCentral Station and Miami World Center; the revitalization of the historic Shore Club in Miami Beach; and The Park Santa Monica, a new neighborhood concept in Downtown Santa Monica that combine residential towers, retail, and public spaces. In all cases, Mr. Witkoff created a holistic vision for a new brand that inspires and informs every facet of property development, from architectural and design treatments to amenities and experiences.

In addition to his Witkoff role, Mr. Witkoff serves on the Executive Committee of the Board of Trustees at the Institute of Contemporary Art in Miami. Mr. Witkoff is also a part of Milken Institute’s Young Leaders Circle, which recognizes intellectually curious and philanthropic young professionals, and is a member of United Way’s Tocqueville Society.

Prior to joining the company, Mr. Witkoff honed his expertise in real estate and private equity as a real estate investing analyst at Morgan Stanley.

Mr. Witkoff graduated summa cum laude from the University of Pennsylvania's Wharton School, where he received a B.S. in Economics with a concentration in Finance and Real Estate.

Lissette Calderon, CEO at Neology Life

Lissette Calderon is founder and CEO of Neology Life Development Group, a lifestyle-driven residential and commercial real estate firm that specializes in the transformation of undervalued communities into sought-after neighborhoods. Calderon’s rapid rise in South Florida’s highly competitive real estate industry began with her ability to see the potential in overlooked waterfront land along the Miami River, and more recently, the Allapattah neighborhood.

In 2002, with the introduction of her pioneering and trend setting loft-style residential building NeoLofts, and her subsequent building concepts Neo Vertika and Wind by Neo, Calderon is credited with transforming the Miami River District into one of the city’s hippest, most sought-after neighborhoods. With her most recent project on the Miami River, the 199-unit Pier 19 Residences & Marina, Calderon solidified her reputation as the “Queen of the Miami River” and one of South Florida’s most visionary developers.

Today, Calderon is spearheading the revival of another historic Miami neighborhood: Allapattah. Neology completed its first Allapattah residential community in 2021: the 192-unit No. 17 Residences Allapattah. The firm’s second and third Allapattah projects –The Julia, a 323-unit mixed-use apartment and retail project named after Miami’s founding mother Julia Tuttle, and Fourteen Allapattah Residences, delivering 237 apartments to NW 36th Street – will deliver in early 2024. Further up the Miami River– across the street from the future site of Miami Freedom Park – Calderon’s firm is also developing a new 1,200-unit mixed-use, waterfront community on seven acres of land, scheduled to break ground in late 2024.

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. Combined with 2,000 condo units previously built and sold, this represents a multifamily portfolio of nearly $2 billion.

A first-generation Cuban American, Calderon was born and raised in Miami and earned a Bachelor of Science Degree Cum Laude from The Wharton School at the University of Pennsylvania. She launched her career in real estate at the Related Group, where she eventually was appointed president.

Calderon serves on The University of Miami’s Master of Real Estate Development + Urbanism Advisory Board and is also on the Advisory Board of the SE Florida/ Caribbean Urban Land Institute (ULI) and a member of the International Women’s Forum of Florida. Calderon is involved in numerous community organizations including Amigos for Kids, a nonprofit organization serving the needs of South Florida’s abused, abandoned, and neglected children. She also sits on the Board of the SAM Elimu Charity, an organization that supports the education and lives of children in poverty with high academic potential in Kenya. Today, the organization supports the lives and education of 140 children, including dozens of orphans. Calderon is also the publisher of a lifestyle magazine focused on the Allapattah neighborhood – AllaWay – which she launched in 2022.

Calderon has a Black Belt in Tae Kwon Do and is an equestrian enthusiast. She and her husband live in Coral Gables with their three daughters and three dogs.

Scott Wadler, Managing Director at Berkadia

Scott Wadler is a Managing Director in the Miami office of Berkadia. He is primarily responsible for originating debt and equity placement transactions throughout the southeastern United States, focused across multiple asset classes including office, retail, residential, and lodging. Recent transactions include a $270 million loan for 152 NW 8th Street in Downtown Miami, a $215 million construction loan for Wynwood Plaza, a $165 million debt fund loan at The Dorsey Miami and $50 million of LP equity for Block 45 in Downtown Miami.

Prior to joining Berkadia, Scott was with HFF for ten years. Before joining at HFF, Scott held positions at Related Group of Florida and Fortune International, two of the largest residential developers in Florida.

Moderator: Kobi Karp, CEO of Kobi Karp Architecture & Interior Design

Kobi Karp is the Founder and Principal of the Wynwood-based Kobi Karp Architecture and Interior Design, Inc (KKAID), a full-service architectural and interior design firm providing a vast array of services, ranging from high-rise condominium and hospitality projects to low-rise residential and commercial structures. His restoration design techniques have contributed to a renaissance Miami Beach’s internationally recognized Art Deco District. Kobi’s designs include the Kimpton Palomar South Beach, The Four Seasons at The Surf Club, Palazzo Del Sol Fisher Island and the Four Seasons Fort Lauderdale.

About PROFILEconnect: State of the Market Miami 2023 Presented by The Lighting Studio

On September 21 PROFILEmiami is set to host our largest event yet as the next installment of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series will delve into the 'State of the Market Miami 2023 Presented by The Lighting Studio’. The experience will feature two panels featuring some of the biggest players in Miami’s real estate industry as they discuss the state of Miami’s commercial and residential real estate markets, matched with a trendy evening soirée of bespoke networking and cocktails.

Immerse yourself in Wynwood’s high-energy atmosphere at the luxurious Eclectic Elements Showroom for bespoke networking and cocktails highlighted by two engaging panels exploring the ‘Residential State of the Market’ & ‘Commercial RE State of the Market’. The relaxed and open PROFILEconnect setting provides an amazing opportunity to network with Miami’s top industry leaders and market makers, continuing post-panel with cocktails by E11EVEN Vodka and sounds by local Miami-based DJ DAKAP.

PROFILEconnect brings together Miami’s real estate industry and business professionals to network and connect outside of a business setting. PROFILEconnect is attended by Miami’s top investors, developers, business professionals, brokers, financiers, architects and designers. Guests will have the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders.

Thank you to our Sponsors:

Fortune International Group and Château Group Break Ground on The St. Regis Residences, Sunny Isles Beach

Fortune International Group and Château Group have officially broken ground on The St. Regis Residences, Sunny Isles Beach, Miami, which will be the tallest residential towers on the ocean in Sunny Isles Beach, positioned along 435 linear feet of pristine beach. Masterfully crafted by the visionary architecture firm Arquitectonica, the residences boast interiors envisioned by acclaimed São Paulo-based designer Patricia Anastassiadis and captivating landscape design by EDSA, offering the unique opportunity for an elevated lifestyle in one of South Florida’s most sought-after destinations. Coastal Construction will lead the construction of the project. The eagerly anticipated South Tower, the first to be completed, will showcase an impressive collection of 175 luxurious residences, marking a new era of elegant coastal living.

The development team commemorated the official groundbreaking with a momentous celebration held at their oceanfront sales gallery, the future site of The Residences. The event was attended by distinguished guests and notable government officials, including the City of Sunny Isles Beach Mayor, city officials, and the visionary leaders behind the project, Edgardo Defortuna, President and CEO of Fortune International Group, and Manuel Grosskopf, CEO of Château Group.

"We are thrilled to reach this exciting next step as we break ground on The St. Regis Residences, Sunny Isles Beach, Miami. This momentous occasion marks the beginning of an unparalleled lifestyle we will deliver to our future residents,” said Manuel Grosskopf, CEO of Château Group. “The exceptional combination of visionary architecture, inspired interiors, and breathtaking oceanfront views will undoubtedly create a truly remarkable living experience that reflects the luxury and sophistication only found in Sunny Isles Beach."

"We are tremendously excited for this next step for The St. Regis Residences, Sunny Isles Beach, the exceptional sales success truly speaks to how deeply the project has resonated with sophisticated buyers, reaffirming the timeless appeal of this extraordinary development,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The overwhelming response from clients underscores the demand for the distinctive experience The Residences will offer, solidifying its position as the ultimate destination for coastal living."

The groundbreaking of The St. Regis Residences, Sunny Isles Beach, follows unprecedented sales success for the project, which has secured over $110 million in sales this summer, contributing to the astounding total of $850 million in sales to date. The demand for these iconic residences demonstrated the appeal of the development's extensive amenity offerings, superior architecture, and desirable location, a testament to the collaborative vision of Fortune International Group and Château Group. The St. Regis Residences promises to redefine the pinnacle of oceanfront living, setting new standards along Miami's coveted shoreline.

Images via World Red Eye

The St. Regis Residences, Sunny Isles Beach, Miami are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). La Playa Beach Associates, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.

Meet Our Residential Panelists For "PROFILEconnect: State of the Market Miami 2023 Presented by the Lighting Studio"

On September 21 PROFILEmiami is set to host our largest event yet as the next installment of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series will bring together some of the top developers and brokers in Miami to discuss the state of South Florida’s real estate markets. The 'State of the Market Miami 2023 Presented by The Lighting Studio’ will feature both a residential panel and a commercial panel matched with a trendy evening soirée of bespoke networking and cocktails by E11EVEN Vodka.

The ‘Residential State of the Market’ Panel will explore pricing and availability across South Florida, luxury real markets, new developments, where are the buyers coming from, factors impacting pricing and demand, mortgages and future market outlook. The residential panel features some of the top names in Miami’s residential real estate game, bringing togethers panelists with a combined $3+ billion of real estate currently under development and leading the three largest real estate brokerages, having overseen a combined $5+ billion in transactions since 2020. Panelists include Edgardo Defortuna of Fortune International Group, the developer of St. Regis Residences, Sunny Isles Beach; Gil Dezer, the developer behind Bentley Residences Miami and Porsche Design Tower; Jay Phillip Parker, CEO of Douglas Elliman FL; Daniel de la Vega of ONE Sotheby’s International Realty; Nelson Stabile, Principal of Integra Investments and co-developer of St. Regis Residences, Miami; moderated by Simon Mass of The Condo Store.

Thank you to our Sponsors:

Meet Our Panelists:

Edgardo Defortuna, CEO & Founder of Fortune International Group

Edgardo Defortuna is President, CEO and Founder of Fortune International Group, a Miami-based full- service real estate firm recognized throughout South Florida, Latin America and Europe as a leader in high-end luxury real estate. He oversees all of the company’s activities across all of its business units. Edgardo is involved with the strategic decision making of the group, as well as the day-to-day operations of each of its divisions.

He started the business in 1983, and quickly became a driving force in real estate. Through his company’s success and far reach into U.S., European and Latin American markets, Edgardo is widely recognized for having made a significant contribution to the internationalization of Miami and its reputation as a global business, trade and vacation hub.

Edgardo is currently developing the St. Regis Residences, Sunny Isles Beach; ORA X Casa Tua in Brickell; the Ritz-Carlton Residences, Pompano Beach; and Nexo Residences in North Miami Beach, amongst others. He has been one of the preeminent developers in Sunny Isles Beach and Brickell, having delivered Jade Signature; The Ritz-Carlton Residences, Sunny Isles Beach; Jade Beach; Jade Ocean; Jade Brickell; and Fortune House, amongst others.

Daniel de la Vega, President, ONE Sotheby’s International Realty

As President of ONE Sotheby’s International Realty, Daniel de la Vega has been instrumental in building the brand along Florida’s East Coast since the affiliate was founded in 2008. The leading luxury brokerage now operates across Dade, Broward, Palm Beach, Martin, Indian River, Brevard and Duval counties with 30 offices and over 1,300 associates who generate annual sales in excess of $8.1 billion. Daniel applies his background in finance and marketing to manage a property portfolio totaling $7 billion-plus in both new, luxury condo developments and existing listing inventory. Being immersed in real estate for most of his life, including more than 15 years as a professional broker, Daniel holds unique insight into mastering real estate deals and building relationships throughout the globe. He regularly travels the world, from Latin America to Europe and throughout the U.S., in order to expand ONE Sotheby’s International Realty’s network and form partnerships that better serve the company’s distinguished clients. These efforts have been vital to fortifying the company’s local reach and worldwide presence.

Daniel has a great appreciation for the convergence of real estate, art, design and culture, qualities that are synonymous with the vibrancy of South Florida and the Sotheby’s brand. He is an avid art collector, with more than 100 works in his growing collection, and is active in the art community as a Board of Trustee Member at the Pérez Art Museum and a past member of The National Young Arts Foundation and Guggenheim Photo Committee. He is also a member of the Young Presidents’ Organization. A native of Miami, Daniel earned a finance and marketing degree from Florida International University, where he served on the Leadership Advisory Board for the College of Architecture and The Arts, and he holds a Master’s in Business Administration from University of Miami, where he serves on the board of the University of Miami’s School of Law Real Property Development LL.M Board.

Gil Dezer, President of Dezer Properties

One of the youngest developers of luxury high-rise residential and condo-hotel properties in the United States, Gil Dezer has been instrumental in changing the face and value of South Florida real estate. He has earned wide recognition as a key developer at the forefront of the luxury brand partnership real estate trend and continues to actively partner with major brands to further spotlight South Florida to buyers globally.

Most recently, Gil announced his partnership with Bentley Motors to construct the first ever Bentley Residences, 200-plus oceanfront residences which will launch sales later this year. Standing at 749 feet and over 60 stories high, the property will be the tallest residential tower on a U.S. beachfront.

Other Dezer Development oceanfront projects include the first-ever Residences by Armani/Casa tower in partnership with the iconic fashion and furnishings designer, Giorgio Armani. Developed in partnership with the Related Group, the project recently achieved its $1 billion sellout. Gil also partnered with Porsche Design Group to deliver Porsche Tower, a 60-story ultra-luxury tower showcasing a one-of-a-kind Patented robotic parking system known as the “Dezervator,” which allows owners to park their vehicles in ‘sky garages’ directly next to their units. Gil also led the Trump Organization’s first foray into the South Florida real estate market through the successful development of Trump Grande Ocean Resort and Residences and Trump Towers.

Notable future projects include the Intracoastal Mall, which will bring 2,000 residences, 375,000 square feet of retail, 200,000 square feet of office, a hotel, harbor and park to the Miami waterfront site, transforming the nearly 30-acre property.

Gil holds a Florida real estate license and is the past president and Chairman Emeritus of the Developers & Builders Alliance (DBA), one of the world’s largest development and construction organizations. He is a past recipient of the Greater Miami Chamber of Commerce’s R.E.A.L. Award for Residential Real Estate – Condominiums, and has taken home the Platinum Personal Achievement Award for Sales Director of the Year for Trump Grande Ocean Resort & Residences for three years in a row at the annual Florida’s BEST Awards.

Active in the community, Gil holds several positions including co-founder of the Mount Sinai Medical Center Foundation; Young President of the Miami Heart Institute; and member of Florida Friends of Israeli Defense Forces (FFIDF); Project Cradle in Miami; WIZO Florida; and One Family Fund Organization.

Jay Phillip Parker, CEO of Douglas Elliman Florida

Real estate industry leader and veteran, Jay Phillip Parker has served as the Chief Executive Officer of Brokerage for Douglas Elliman’s Florida region since 2013. He is also President of Douglas Elliman Development Marketing, Florida.

Responsible for the advancement of a leading provider of luxury real estate services across Florida, he has successfully grown Douglas Elliman’s presence in markets from Miami to Jupiter to Palm Beach, St. Petersburg, Ponte Vedra and Naples with a total of 27 offices and more than 1,300 agents.

Jay has been a key figure in the growth of the brand, which is now represented in luxury real estate markets in 53 countries and six continents through its partnership with London-based Knight-Frank Residential.

A graduate of the University of Western Ontario in London, Ontario, Canada, Jay completed the study abroad program in Tel Aviv, Israel while earning his bachelor’s degree. He went on to earn his Juris Doctorate from the University of Miami School of Law in May of 1998. A member of the Florida Bar Association, Jay serves on the Board of Governors for the Miami Beach Chamber of Commerce, as President of the Executive Board of Mt. Sinai Medical Center Foundation and a member of the Miami Association of Realtors Leadership Board.

Nelson Stabile, Principal of Integra Investments

Nelson Stabile was raised in a town in the Brazil Amazon and moved to South Florida when he was 15 years old. As one of Integra Investment’s founders, he understands the ins and out of real estate development, bringing a well-rounded perspective to a diverse portfolio. Nelson oversees the company’s accounting and finance, underwriting, construction, and risk management.

With more than 20 years of experience, Nelson is enthralled by real estate development, having been involved in the industry throughout his career. His market insight and expertise has led him to spearhead the company’s expansion into alternative investment classes.

Adept in construction, Nelson previously served as business director for South Pointe Construction & Development Co., leading the consulting and custom projects department for notable residences, including Sole on the Ocean and Symphony Towers.

In 2022, Nelson was appointed president of the Builders Association of South Florida. He is also an active member of Urban Land Institute and the Brazilian American Chamber of Commerce.

Nelson earned a Master’s Degree in Engineering and Construction Management from Florida International University and a Bachelor’s Degree in Business Administration, with a concentration in International Finance and Marketing, from the University of Miami. He is fluent in English, Spanish and Portuguese.

Moderator: Simon Mass, CEO of The Condo Store

Simon co-founded a ten-person boutique firm in 2004 that evolved into The Condo Store that now proudly hosts over fifty team members and more than 300 sophisticated high-net-worth clients from around the globe. Often recognized in Toronto as the architect of the pre-construction condo investment sector, with over $10 billion in transactions and a reputation that spans across North America as the creator of the bulk condo investment space.

It is common knowledge that condo investments have been the highest grossing asset class over the past 25 years in Toronto. Consistent deal flow isn’t based on luck but rather, it comes from the strong relationships garnered with Canada’s largest and most prestigious developers. These high-level personal connections allow TCS clients to have an advantage in the sector and ensures investing into a real estate project is not like throwing a dart and wishing for the best.

Simon has long-term relationships with hundreds of clients that include doctors, medical practitioners and business professionals across Canada. These clients account for over $500 million in annual investments. Simon’s long-standing relationships with leading developers continues to fuel The Condo Store’s investment engine.

About PROFILEconnect: State of the Market Miami 2023 Presented by The Lighting Studio

On September 21 PROFILEmiami is set to host our largest event yet as the next installment of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series will delve into the 'State of the Market Miami 2023 Presented by The Lighting Studio’. The experience will feature two panels featuring some of the biggest players in Miami’s real estate industry as they discuss the state of Miami’s commercial and residential real estate markets, matched with a trendy evening soirée of bespoke networking and cocktails.

Immerse yourself in Wynwood’s high-energy atmosphere at the luxurious Eclectic Elements Showroom for bespoke networking and cocktails highlighted by two engaging panels exploring the ‘Residential State of the Market’ & ‘CRE State of the Market’. The relaxed and open PROFILEconnect setting provides an amazing opportunity to network with Miami’s top industry leaders and market makers, continuing post-panel with cocktails by E11EVEN Vodka and sounds by local Miami-based DJ DAKAP.

PROFILEconnect brings together Miami’s real estate industry and business professionals to network and connect outside of a business setting. PROFILEconnect is attended by Miami’s top investors, developers, business professionals, brokers, financiers, architects and designers. Guests will have the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders.

Thank you to our Sponsors:

Serafina and Sixty Vines Set To Open In Miami Worldcenter

Four national food and beverage concepts will be joining the extensive roster of tenants at Miami Worldcenter, the $6 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. The development’s ownership group has completed leases with Serafina, an internationally acclaimed and New York City-founded Italian restaurant group; Sixty Vines, a sustainable restaurant with an exciting wine-on-tap program and vineyard-inspired food; and a dual-concept location for BurgerFi and Anthony's Coal Fired Pizza & Wings.

Miami Worldcenter’s newest restaurants, which are anticipated to open in 2024, will build on the development’s exceptional lineup of recently opened food and beverage outlets, including three concepts by Ariete Hospitality Group’s Michelin-star-rated Chef Michael Beltran, Brasserie Laurel, Chug’s Express, and El Vecino Cigar & Cocktail Bar, and two additional restaurants expected to open soon, Earls Kitchen & Bar and Chicago’s Maple & Ash.

As one of the largest privately owned and developed urban real estate developments in Florida, Miami Worldcenter, which is currently coming alive in phases, features a diverse mix of residential, commercial and hospitality uses complemented by a total of 300,000 square feet of retail, restaurant, and entertainment space. Approximately 84% of the development’s retail space has been leased.

Miami Worldcenter is being developed by master developers Miami Worldcenter Associates, led by Managing Partners Art Falcone and Nitin Motwani, in partnership with CIM Group.

“We’re excited to unveil another stellar lineup of restaurants opening soon at Miami Worldcenter, with Serafina, Sixty Vines, and BurgerFi/Anthony’s providing an excellent variety of dining options for our residents and visitors,” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “From upscale Italian and sustainably sourced dishes for wine-lovers, to familiar fast-causal favorites, our newest food and beverage concepts will perfectly complement our existing restaurant offerings and appeal to foodies from all over – whether you’re grabbing a quick bite before a Miami Heat game or a concert at the Kaseya Center or visiting Miami Worldcenter for a five-star meal.”

Miami Worldcenter’s three newest restaurants are all expected to open in 2024:

Internationally acclaimed Serafina is known for its lively atmosphere and contemporary Italian cuisine crafted with the best imported quality ingredients. Since opening the first Serafina restaurant in New York City’s Upper East Side in 1995, the eatery’s ownership has expanded the Serafina family of restaurants with 46 locations across the eastern U.S. and in eight different countries around the world. Serafina’s Downtown Miami location at Miami Worldcenter will occupy 8,176 square feet of space at 652 NE 1st Avenue, Suite H-144, with outdoor patio seating along the development’s 7th Street pedestrian promenade.

Sixty Vines is a renowned restaurant collection celebrated for its commitment to sustainability through wine on tap and vineyard-inspired dishes. Often referred to as “the wine lover’s restaurant,” the globally inspired and seasonally sourced restaurant has locations across the country in Texas, Tennessee, North Carolina, and Florida. Sixty Vines’ Miami Worldcenter location will occupy 8,672 square feet of space at 150 NE 8th Street, Suite F-135, with outdoor patio seating overlooking the development’s World Square public plaza.

Franchisee NDM Hospitality Services, LLC, an innovator in the travel and dining industries, is bringing one of Florida’s first co-branded locations for the popular fast-casual and premium-casual chain restaurants BurgerFi and Anthony’s Coal Fired Pizza & Wings (“Anthony’s”) to Miami Worldcenter. The dual-concept restaurant will feature both full-service seating and grab-and-go options from BurgerFi and Anthony’s, as well as a full bar serving beer, wine, and liquor. BurgerFi/Anthony’s Miami Worldcenter location will occupy 3,835 square feet of space at 851 NE 1st Ave., Suite C-114.

Retail leasing at Miami Worldcenter is led by CIM Group, a partner in Miami Worldcenter, and Miami-based The Comras Company. CIM Group is a community-focused real estate and infrastructure owner, operator, lender, and developer. The Comras Company is a leading, boutique real estate firm providing retail leasing, asset sales, consulting, and development advisory services throughout South Florida.

“Food is a significant factor when people make decisions about where they want to live, work or visit and we have worked diligently to cultivate an array of appealing and popular concepts at Miami Worldcenter,” noted Shaul Kuba, Co-Founder and Principal, CIM Group. “The expansive collection of restaurant options at Miami Worldcenter offers residents and visitors a wide range of cuisines in diverse environments including on-the-go meals, casual and fine dining.”

In addition to its exceptional lineup of restaurants, Miami Worldcenter is also home to the brand-new affordable luxury citizenM Miami Worldcenter hotel, which opened earlier this year; a new showroom and service center for luxury electric vehicle company Lucid Motors; as well as recently opened locations for national retail brands lululemon and Sephora. Announced tenants set to open in the next year include dining and entertainment concepts Sports & Social and Bowlero; a permanent location for the world-famous experiential and immersive Museum of Ice Cream; as well as other nationally recognized concepts including Rihanna’s Savage X Fenty, Club Studio, Ray-Ban, and Posman Books.

Miami Worldcenter is now home to three completed residential towers – PARAMOUNT Miami Worldcenter, Caoba, and Bezel Miami. Additionally, construction is underway at phase one of the 52-story Miami World Tower, which will comprise 550 apartment units; at Legacy Hotel & Residences, a 50-story mixed-use tower with 310 branded residences atop a hotel and 50,000 square feet of medical office space; at the second phase of Caoba, which will encompass an adjacent 40-story tower with 420 apartments; and at The Crosby, a 450-unit turn-key condominium by Related Group and Merrimac Ventures.

Planned developments include 600 Miami Worldcenter, a 579-unit fully furnished condominium by Aria Development Group and Merrimac Ventures; a 65-story condo tower with 700+ residential units by New York-based developer Naftali Group; a mixed-use residential and commercial development by Abbhi Capital; and a three-tower mixed-use residential project by The Witkoff Group.

Complementing Miami Worldcenter’s retail streets will be World Square, a 20,000-square-foot outdoor public plaza and park. Designed as a central gathering place, World Square will serve as the heartbeat of the development featuring an abundance of open space, shade trees, and oversized, pedestrian-friendly sidewalks lined with dining, entertainment, and retail concepts.'

Miami Worldcenter’s $5 million public art initiative – curated by international art dealer Jeffrey Deitch and Miami-based curatorial collective PRIMARY – transforms the streets and buildings of the 27-acre ‘city within a city’ into a permanent outdoor art museum. Now complete, the program features a variety of contemporary and modern art works – in the form of large-scale murals, paintings, and sculptures – created by globally acclaimed artists including Nina Chanel Abney, Woody De Othello, Viktor El-Saieh, Nick Cave, Trenton Doyle Hancock, Hernan Bas, Serge Toussaint, Zadok Ben-David and Franz Ackermann.

Miami Worldcenter occupies 10 city blocks within walking distance of Museum Park, home to Pérez Art Museum Miami and the Frost Museum of Science; the newly renamed home of the Miami Heat, the Kaseya Center; the Adrienne Arsht Center for the Performing Arts; and Miami Dade College’s Wolfson Campus. It is also adjacent to Brightline’s MiamiCentral station, which offers direct train service from Downtown Miami to Aventura, Fort Lauderdale, Boca Raton, West Palm Beach and Orlando, together with access to Tri-Rail, the Metromover, and the Metrorail – making Miami Worldcenter the largest and most connected transit-oriented development in Florida.

Messi Mania: Construction Begins on Miami Freedom Park and Inter Miami CF Stadium

Inter Miami CF has begun construction began on Miami Freedom Park and The Inter Miami CF stadium, following the closing of one of Miami’s last remaining pubic golf courses, Melreese Country Club: Miami International Links. Construction is now underway on Miami Freedom Park, a 131-acre privately funded entertainment district development anchored by a new 25,000-seat fútbol specific stadium and 58-acre public park. Miami Freedom Park scheduled to open in 2025 and the official groundbreaking ceremony will take place later this year.

Crews and heavy equipment are now on site, performing earthwork and sitework that will move across the 131 acres concurrent with vertical construction. This multi-phase effort will see the stadium, public park, entertainment, hospitality, retail, and new infrastructure that make up Miami Freedom Park’s first phase all progress rapidly.

Miami Freedom Park will feature a full range of entertainment and commercial offerings including office space, hotel, shops, restaurants, the stadium and additional experiences and attractions. Recreational components of the project include a new 58-acre public park featuring soccer and youth athletic fields for the community.

"With Inter Miami my family set out to build something truly transformational. In just four years we have changed the perception worldwide of American soccer. As we commence construction of Miami Freedom Park that same vision guides us,” said Jorge Mas, Inter Miami CF Managing Owner. “In creating a multi-faceted space we will set a new standard of what sport complexes can be. We look forward to delivering a food and entertainment destination for families to enjoy year-round. I can’t wait to welcome our fans to our state-of-the-art stadium and hear the chants as Messi and your Inter Miami players take the pitch for the first time in 2025.”

Leasing and commercial partnership efforts are underway to attract best-in-class partners, tenants, and retailers, including established and emerging brands and companies that will enhance this iconic new destination for Miami.

Earlier this year, Inter Miami CF ownership brought on experienced megaproject and sports-anchored real estate investment and development veteran Devon McCorkle to lead the effort as President of Miami Freedom Park. Devon has further curated a team of best-in-class design, engineering, project management and construction firms to bring Miami Freedom Park to this milestone and move the project into the execution phase following completion of the planning and approvals phase.

“The level of attention and the influx of inquiries we are receiving have been incredible, a testament to the positive impact of Lionel Messi on Inter Miami CF and the City of Miami,” said Devon McCorkle, President of Miami Freedom Park. “Everyone wants to be part of what we’re creating, a new entertainment district that will be the centerpiece of family activities and experiences in Miami. We are in discussions with stadium sponsors, hotel brands, major attractions operators, restaurant groups, cultural institutions and many other exciting potential partners. We will deliver an incredible home for them at Miami Freedom Park.”

Miami Freedom Park’s design team team includes Miami-based architecture firm Arquitectonica, global arena and stadia design firm Manica, and industry-leading large-scale stadium project managers CAA Icon. Following delivery of the stadium and initial retail and entertainment offerings in 2025, Miami Freedom Park will deliver additional retail, hotel and commercial phases through 2030.

Miami hit Messi mania following the international soccer superstar and World Cup champion’s announcement he would join the American Major League Soccer team Inter Miami FC in a blockbuster mega-deal announced on July 15. Inter Miami CF, owned by David Beckham, Jorge Mas and Jose Mas, became one of the most-Googled soccer teams in the world surrounding Lionel Messi’s debut with the team this summer, garnering over 8.4 million searches in two months and searches for both Inter Miami CF jerseys and tickets up over 1,000%. Ticket prices jumped from below $50 on average to nearly $500 for the cheapest ticket to see Messi play live, similar ticket price spikes occurred for his first game with Inter Miami CF in Orlando as well as in New York. Following Messi’s announcement he would be joining Inter Miami CF the team’s Instagram account would jump from 175,000 followers to over 4.4 million.