Off-Market Spec Home Sells For Record Price On East Side of Miami's Bay Harbor Islands

A spec home set to be completed this summer on Miami’s Bay Harbor Islands has record as the highest sale recorded on the east side of the exclusive residential island neighborhood. Located at 9501 East Broadview Drive, the home sold for $14.25 million. Oren Alexander and Isaac Lustgarten of OFFICIAL represented the seller, Sam Bissu of Luxom Developments, the developer of the home. The home is brand-new construction, slated for completion this summer and designed by architect Simon Bissu with interiors by Margaret Bissu. The residence spans 6,185 SF on an 11,250 SF lot and features seven bedrooms, seven-and-a-half bathrooms and a den, as well as 75 feet of water frontage.

The spacious floor plan seamlessly blends indoor and outdoor living complete with elegant interiors adorned with high-end finishes and meticulous attention to detail. The gourmet kitchen features top-of-the-line appliances, marble finishes, and custom cabinetry. The primary suite offers expansive windows overlooking the water, two luxurious en-suite bathrooms and closets, and a private balcony. The outdoor area is a true paradise with 75 ft of water frontage, pool, and jacuzzi. The rooftop terrace has an outdoor kitchen and plenty of room to host gatherings from sunrise to sunset.

Aston Martin Residences Receives TCO In Downtown Miami

Aston Martin Residences, a luxury condo tower in the heart of downtown Miami developed by G&G Business Developments with construction overseen by Coastal Construction, has received its Temporary Certificate of Occupancy (TCO) on April 18. Aston Martin Residences spans 1.8 million square feet, towering 821 feet, 70 stories, above the Miami River waterfront. The architect of record for Aston Martin Residences is Revuelta Architecture International, while Bodas Miani Anger (BMA) served as the design architect. Additionally, structural engineering was provided by DeSimone Consulting Engineering.

Comprising 393 units, Aston Martin Residences offers spacious floor plans ranging from one to five bedrooms. The development includes seven penthouses and 38 signature residences, each offering buyers the option to select either a limited edition DBX or a DB11 from Aston Martin’s lineup. The three-story penthouse also features the prestigious final Aston Martin Vulcan as part of its offering.

While the completion of Aston Martin Residences draws near, it promises a lifestyle of comfort and convenience, offering residents access to top-tier amenities, such as a state-of-the-art fitness center, infinity pool, art gallery, two cinemas, and a full-service spa.

"We are grateful to have worked with G&G Business Developments and to have been a part of bringing this iconic and highly anticipated building to the city of Miami," said Thomas P. Murphy, CEO and founder of Coastal Construction. "Coastal is honored to bring another branded residence to life. This building will be a landmark for years to come, and that is something to be proud of."

A First Look Inside Mercedes-Benz Places Revealed at the Concours Club

Mercedes-Benz Places in Miami, the inaugural North American branded residential project, has unveiled its first look inside, marking a significant milestone in luxury living in Brickell. Developed by JDS Development Group in partnership with Mercedes-Benz, this mixed-use development merges modern living spaces with innovative mobility concepts, setting new standards for urban living.

The project, announced on February 26, 2024, has already seen remarkable success, with record sales of over 100 condominiums sold within the first four days on the market. The launch event, held at The Concours Club before the Formula 1 Miami Grand Prix, offered guests an exclusive preview of the residences' interiors, along with a unique conversation hosted by Toto Wolff, Team Principal & CEO of Mercedes-AMG PETRONAS F1 Team, and Michael Stern, Founder and CEO of JDS Development Group. Test drives in Mercedes-AMG GTR cars on the racetrack with professional drivers from Mercedes-Benz USA completed the unique experience of lifestyle in Miami.

Designed to offer a seamless mobility journey, Mercedes-Benz Places in Miami features a private porte cochere and panoramic rooftop pool, providing residents with breathtaking views of the skyline and cityscape beyond. Each residence, ranging from studios to three-bedrooms, is meticulously crafted to reflect modernity and luxury, with floor-to-ceiling windows, deep terraces, and spectacular views of Miami, Biscayne Bay, and the Atlantic Ocean.

Interior designs, created by the experts at Woods Bagot in collaboration with the Mercedes-Benz design team, showcase crisp blacks and whites, warm woods, and significant graphic elements, reflecting the brand's commitment to automotive-detailing, precision, and quality. Custom-designed kitchens and principal baths offer light and dark finish options, integrated Miele appliances, and luxurious marble countertops.

The architectural design, created by award-winning SHoP Architects, embodies Mercedes-Benz's design philosophy of Sensual Purity, combining intelligence and emotion to create clear forms and sensuous surfaces. The cube-shaped mixed-use tower features technical silver, classic black and white elements, and undulating curves, creating distinctive highlights and stimulating contrasts.

Gregg Pasquarelli, Founding Principal of SHoP Architects, highlights the project's investment in the Brickell community, stating, "Mercedes-Benz Places will revitalize public space in the neighborhood of Southside Park while making a statement with its superior quality in design."

Mercedes-Benz Places in Miami represents more than just a development; it embodies a vision for the future of urban living, offering residents a luxurious and connected lifestyle in the heart of Miami's vibrant Brickell district.

Royal Palm Companies Secure $86 Million Financing for Tuscany Village

In a significant stride towards expanding quality residential options in Orlando, Royal Palm Companies led by Dan Kodsi and the Mattoni Group proudly announce the securing of an $86 million construction financing loan and the launch of Tuscany Village, a sprawling 420-unit multifamily complex set to enhance the Sanford area.

Strategically located at the southwest corner of State Road 46 and Upsala Road, Tuscany Village is poised to become a cornerstone community within Sanford, spanning 21 acres with seven four-story buildings. With construction slated to commence in the coming weeks and phased completion expected by 2026, the project is primed to transform the local residential landscape.

The acquisition of the development site at 4201 West First Street in June for $12.7 million laid the foundation for this ambitious venture. Financing for Tuscany Village has been secured through a partnership with City National Bank and Abanca USA, contributing $68 million in loans, and Origin Investments, providing $18 million in preferred equity. Notably, these financial arrangements feature floating interest rates without a rate cap, reflecting confidence in the project despite current economic uncertainties.

Royal Palm Companies, renowned for its innovative approach to real estate development since its inception in 1978, boasts a portfolio of $4.7 billion in developed, repositioned, and under-construction projects, including over 9,500 completed residential units. The collaboration with the Mattoni Group underscores the significance of Tuscany Village, leveraging their combined expertise to ensure the delivery of a top-tier residential community.

Despite challenges such as elevated interest rates, insurance premiums, and regional specifics like high concrete costs in South Florida, the decision to proceed with Tuscany Village reflects the unwavering commitment of Royal Palm and Mattoni Group to innovation, quality, and meeting the evolving needs of Florida's residents.

More than just a development project, Tuscany Village represents a future home for hundreds of families and individuals, meticulously designed to foster a vibrant and connected community. Royal Palm Companies and Mattoni Group are dedicated to bringing this vision to life, positively impacting the Sanford region and the broader Florida housing market.

Chef Erhan Özkaya Partners With Gale Miami Hotel & Residences To Bring 3 New Dining Concepts to Downtown Miami

Gale Miami Hotel & Residences and renowned chef Erhan Ozkaya have partnered to bring three new dining concepts to the hotel-condo tower which is nearing completion on Downtown Miami’s Biscayne Boulevard. The project’s grand opening is scheduled for May 2024. Chef Ozkaya brings his esteemed talents to Gale Miami for a variety of dining concepts ranging from an American-style steakhouse, an Italian concept, to a Mediterranean outpost featuring a menu inspired by his Turkish heritage; which will be complemented by concierge catering services tailored for both residents and outside guests.

Chef Erhan Ozkaya's culinary journey is a testament to his love of food and a celebration of his culture. Originally from Iskenderun, Turkey, his passion for cooking began in his grandparents' kitchen, where he first learned to experiment with ingredients and flavors of the local cuisine. Driven to pursue his culinary aspirations, Chef Ozkaya studied Tourism and Hotel Management before refining his skills at esteemed hotels such as Hilton Mersin and Hilton Istanbul. No stranger to Miami’s highly competitive culinary scene, he has worked at legendary hotspots The Bazaar by Jose Andres, Mandolin Aegean Bistro, and elevated the dining landscape as a Corporate Chef for Soho House in Miami and Istanbul. Chef Ozkaya's repertoire spans Italian, Spanish, and Turkish, and many world-wide cuisines. His exceptional talents earned him recognition as the executive chef at Wynwood Diner, which was named the "Best Diner of 2015." Most recently, he played a pivotal role at the world-renowned Joia Beach Club, collaborating with nightlife experts Chris Paciello and Mio Danilovic and further solidifying his ability to bring unique concepts to life.

"Joining forces with Gale Miami Hotel & Residences means adding my own touch to downtown Miami’s already flourishing restaurant scene," says Chef Erhan Ozkaya. “Miami is a melting pot of cultures and flavors, and together with Gale Miami, we will create a culinary destination that celebrates the rich tapestry of Miami's dining scene,” he adds. “The culinary world is all about storytelling, and I can't wait to share the tales of my Turkish heritage and global culinary adventures through the dishes at Gale Miami. This partnership is about more than just food—it's about cultivating something truly exceptional right in the heart of Downtown Miami.”

Chef Erhan Ozkaya's vision will manifest in three exquisite dining concepts at Gale Miami Hotel & Residences. The first restaurant to open in Summer 2024, an Italian concept located on the ground floor with expansive indoor-outdoor seating and a 360 bar. On the 9th floor, guests will have the pleasure of experiencing two unique dining options. The second will be an American steakhouse and lounge will deliver prime cuts and impeccable service in an elevated, timeless setting, followed by a Mediterranean-inspired restaurant with nods to Erhan's Turkish heritage. The Mediterranean restaurant will also feature a retractable roof and an outdoor terrace, showcasing breathtaking views of downtown Miami. Chef Erhan Ozkaya's expertise will extend beyond the restaurants and include concierge catering services for the Gale Miami Conference Center, located on the 8th floor. With distinguished catering and over 20,000 square feet of thoughtfully designed space, the Conference Center is perfect for hosting a variety of events including corporate gatherings, weddings, and cocktail parties, ensuring memorable moments for every occasion.

“Welcoming Chef Erhan Ozkaya to this project ensures that Gale Miami will be at the forefront of the ever-expanding Downtown Miami culinary scene,” says Keith Menin of Sixth Street Miami Partners LLC. "His exceptional culinary talents and reputation made him the perfect choice to conceptualize unique dining concepts that align with our vision for Gale Miami Hotel & Residences,” he adds. “The three dining concepts are sure to be nothing short of spectacular, especially with Chef Ozkaya's passion for storytelling through food and his extensive expertise across various cuisines.”

Swire Properties Launches Sales of The Residences at Mandarin Oriental, Miami

Swire Properties, Inc. has officially launched sales at The Residences at Mandarin Oriental, Miami, part of an unparalleled residential and hospitality destination set within a secluded island sanctuary moments from Miami’s vibrant core. Located on Brickell Key, the development will feature two architecturally iconic towers connected by an expansive landscaped podium with more than 80,000 square feet of indoor and outdoor amenities. The South Tower will feature The Residences at Mandarin Oriental, Miami, while The North Tower will feature what is destined to be the new North American flagship Mandarin Oriental hotel, along with additional Residences for purchase. Offering unobstructed, panoramic views of Biscayne Bay and the dynamic Miami cityscape, it will be one of Swire Properties’ crowning achievements in its portfolio of world-class properties and a defining landmark on the Miami skyline. The permanent sales gallery will open in the summer, with new details to be unveiled for The North Tower, which will launch sales later this year. Construction is expected to begin in 2025 with occupancy from 2029.

The South Tower is the first of the two towers to come to market and features several ultra-luxury homes, including a $100 million duplex penthouse that could be sold as a single residence or divided into two marquee homes. Spanning 23,000 square feet, this one-of-a-kind duplex penthouse is located at the apex of The South Tower. It features 16,000 square feet of interior space and 7,000 square feet of private outdoor space, including one of Miami’s highest private infinity pools. Other residences coming to market include 2-bedrooms starting at $4.9 million, 3-bedrooms starting at $5.8 million, 4-bedrooms starting at $10.5 million, and 5-bedrooms starting at $17.5 million. The Residences represent the last opportunity to purchase a new home on Brickell Key. Fortune Development Sales is exclusively handling sales.

“Launching sales at The Residences at Mandarin Oriental, Miami, is a monumental event for us. We are excited to unveil the full scope of the project and share details of the incredible Miami lifestyle that can only be offered here,” said Henry Bott, President of Swire Properties. “The development is a showcase of our continued commitment to the neighborhood, which started 40 years ago when we conceived Brickell Key. We are thrilled to bring these ultra-luxury residences to market along with what is positioned to be Mandarin Oriental’s North American flagship hotel, which, combined with the ongoing success of our Brickell City Centre development, will establish the Brickell neighborhood as one of the most vibrant destinations in South Florida.”

The 66-story South Tower is designed by world-renowned architecture firm Kohn Pedersen Fox (KPF). Rising 850 feet, it is situated on the southernmost tip of Brickell Key, offering unobstructed panoramic views of Biscayne Bay and the dynamic Miami skyline. It will feature 228 two- to five-bedroom private homes that offer the utmost luxury for residents, with interiors by acclaimed Parisian designer Tristan Auer. Each residence has private elevator access, and gracious interior space measuring up to 5,800 square feet with 11-foot ceilings throughout. Extraordinary views are framed by floor-to-ceiling glass sliding doors that open onto expansive private terraces, the depths of which are not typically found in the Miami market. Each kitchen will feature custom Italian cabinetry by Molteni&C, Dornbracht fixtures, state-of-the-art Gaggenau appliances, and design selections available for buyers to customize their countertops, backsplashes, and cabinetry finishes. Primary bathrooms will feel like private spas with handcrafted stone vanities, marble floors, Dornbracht fixtures, and Duravit soaking tubs and shower heads. Select residences will also include a private sauna.

“The Residences at Mandarin Oriental, Miami, is an unparalleled luxury residential offering that will attract buyers seeking a refined lifestyle in one of the most sought-after residential locations in South Florida,” said Edgardo Defortuna, President and CEO of Fortune International Group. “Swire Properties’ longstanding commitment to the Brickell neighborhood is paired with legendary Mandarin Oriental service and an unmatched collection of amenities. The attention to detail is evident throughout the property, from the thoughtfully chosen finishes to the visionary exteriors. Our team has already been impressed by the high level of interest in The Residences and we are excited to bring the development to market.”

The North Tower is also designed by Kohn Pedersen Fox and will feature what is destined to be the new North American flagship Mandarin Oriental hotel with 121 keys, a signature Spa at Mandarin Oriental, and multiple intimate fine-dining and al fresco restaurants. Rising 426 feet, The North Tower will also offer an additional 66 private residences and 28 hotel residences that will launch sales later this year. The hotel and residences will feature interiors by AD100 Parisienne designer Laura Gonzalez.

“We are delighted to be writing a new chapter of Mandarin Oriental's sought-after hospitality in Miami and strengthening our partnership with Swire Properties,” said Laurent Kleitman, Group Chief Executive of Mandarin Oriental. “We have been very fortunate to have a hotel presence in the city for more than 20 years, and it has become a property that is genuinely embraced by our guests. As we continue on this journey with Swire, we are excited to bring a new standard of luxury living with The Residences at Mandarin Oriental, Miami.”

Crowning the South Tower will be the remarkable $100 million penthouse, which is being offered as a duplex residence or can be sold as two individual penthouses. The combined duplex penthouse will offer a total of 23,000 square feet of space, including 16,000 square feet of interior space and 7,000 square feet of private outdoor space. Situated 780 feet above the ocean, the exclusive home features interiors by Tristan Auer, who has selected the most exquisite finishes throughout. Its bespoke floor plan offers the ultimate experience in elevated living and striking design details, including 30-foot-high ceilings in select areas on both floors, unrivaled views of the water and Miami city skyline, and a stunning spiral staircase. The penthouse’s private outdoor space creates an indoor and outdoor lifestyle unlike any other property in Miami. It includes one of Miami’s highest private infinity pools, multiple areas for outdoor dining and entertaining, and a sky cabana, which can be transformed into an additional bedroom or guest room. Finally, with privacy and security being of the utmost importance, the penthouse resident will have access to a private garage with spaces for up to eight vehicles. An adjoining private elevator lobby and elevator will provide direct access to their residence.

Every resident at The Residences at Mandarin Oriental, Miami, will experience exceptional recreational, dining, and wellness amenities across an 80,000-square-foot, lushly landscaped podium with landscaping by Thai firm SHMA. Lifestyle amenities include ten pools with a poolside lounge all serviced by Mandarin Oriental, an immersive hammock forest with a series of gardens nestled within, an art walk featuring rotating exhibitions by selected artists, an indoor golf simulator, a game room with billiards, a private screening lounge, and a children’s club and activity center. Dining amenities include signature fine-dining restaurants within the hotel, a dedicated outdoor dining pavilion for entertaining fitted with a barbecue, a tea pavilion, a stunning glass-encased experiential private dining room with a complete chef’s kitchen surrounded by mesmerizing water views, and a wine cellar. Mandarin Oriental, which has more Forbes Five Star Spas than any other hotel group in the world, will curate an extraordinary collection of wellness offerings such as signature spa treatments, retreats, and curated fitness programming dedicated to wellness and anti-aging. The property will also feature a forest yoga lawn, a tea garden for relaxation, men’s and women’s saunas and a hammam, a wellness pool deck with private cabanas flanked by cold plunge and hot tub, a state-of-the-art fitness center, several multi-use sports courts, and a dog grooming spa. Residents will also have access to shared hotel amenities and concierge services at the adjacent Mandarin Oriental Hotel with more information to be announced.

The Residences at Mandarin Oriental, Miami, represents Swire Properties' commitment to sustainability, resiliency, and mission to become the world's most sustainable developer by 2030. Swire Properties endeavors to achieve net carbon neutrality across its portfolio by implementing a multitude of sustainable design strategies. At The Residences, the design team adopted a passive design strategy to optimize energy use while maximizing daylight and cross-ventilation for resident comfort and well-being. Extensive plantings at various levels of the building provide heat island reduction and prevent heat absorption of the site. As part of Swire’s wellness pledge, its developments always prioritize the provision of high-quality indoor air for residents. The development also implements air filtration, provides separation between residential units to mitigate air transfer, and prioritizes the selection of low-emitting building materials. Solar panels will offset power consumption and promote renewable energy adoption, while each parking space will be configured for EV charging. Finally, Swire will address climate resiliency through the refurbishment of the surrounding seawall and elevation of the development site to combat sea level rise, along with expanding the Brickell Key Baywalk around the full perimeter of the island, which further reinforces the firm's commitment to placemaking that benefits the entire community. 

First Standalone Four Seasons Branded Residences In Florida Coming to Coconut Grove

South Florida-based real estate development firms CMC Group, led by Ugo Colombo, and Fort Partners, led by Nadim Ashi, together with leading luxury hospitality and branded residential company Four Seasons, have launched sales for the Four Seasons Private Residences Coconut Grove. Set within one of Miami’s most historic neighborhoods and building on the success of Four Seasons’ residential portfolio in South Florida and around the globe, this groundbreaking development will be the first Four Seasons standalone residential offering in Florida. The Four Seasons Private Residences Coconut Grove will rise 20-stories offering 70 residences with sales being handled in-house by CMC Group and Fort Partners.

"Four Seasons is the standard-bearer for luxury around the world and has captivated the real estate market with its leading branded residences,” said Nadim Ashi, CEO of Fort Partners. “We are thrilled to continue our proven relationship with the esteemed brand and forge a new partnership with the highly successful CMC Group on developing this first-of-its-kind offering in the coveted Coconut Grove neighborhood."

A world-class team has been selected to bring the vision to life, with acclaimed Florentine designer Michele Bönan at the helm of the interiors and Miami-based Luis Revuelta crafting the architecture. Four Seasons Private Residences Coconut Grove will offer 70 homes ranging from two- to four-bedrooms spanning up to 3,980 square feet. Four penthouse residences will range from nearly 6,430 to 9,690 square feet. The distinctive property will rise 20 stories, providing residents with unobstructed ocean views overlooking Biscayne Bay. Inspired by Coconut Grove’s beloved landscape, a sanctuary beneath the shade of banyan and mahogany trees, the building’s façade is softly curved to blend into the land’s natural rhythm while creating a defining presence on the skyline.

"With over 35 years of experience, our luxury condos have set the standard in the South Florida market,” said Ugo Colombo, CEO of CMC Group. “Fifteen years ago, CMC Group pioneered luxury living in the Grove with Grovenor House, and now with Four Seasons Coconut Grove, we're raising the bar yet again. By integrating the renowned Four Seasons service, we're not just resetting standards; we're redefining luxury living. Our commitment to quality remains unwavering, ensuring that our buildings continue to be the benchmark for excellence in the industry."

"With our growing standalone residential portfolio, Four Seasons is elevating luxury living for discerning buyers by blending personalized service alongside prime real estate in the best locations worldwide. In a competitive branded residential market like Miami, the trust and credibility of our brand will no doubt drive demand for this exceptional project in Coconut Grove,” says Bart Carnahan, President, Global Business Development, Portfolio Management, and Residential, Four Seasons. “Together with our esteemed partners at Fort and CMC, we look forward to welcoming this spectacular project to our dynamic portfolio of Four Seasons Private Residences across South Florida.”

The spaces designed by Michele Bönan reflect the renowned architect’s signature style, with a blend of timeless elegance and contemporary aesthetics. Bönan creates a cohesive connection between the interiors and the natural beauty of Coconut Grove, with design inspired by the verdant tropics, the ocean and the quintessential charm of Miami. The homes are crafted to be as polished as they are welcoming, exuding a sense of enduring sophistication achieved through classic lines, elegant furnishings and a palette dominated by neutral tones.

“The essence of Coconut Grove and the cultural significance of the location's past, including the gorgeous climate, spectacular views and exceptional quality of life, guided each step of the design process,” shared Michele Bönan. “Whether through design elements influenced by the rhythm of the ocean or patterns created in the sand, we maintained fluidity between the surroundings and the interiors to allow residents to relax and immerse themselves in the atmosphere of the space.”

Homes at Four Seasons Private Residences Coconut Grove will feature nearly 11-foot ceilings complementing the spacious, open floor plans. Custom Italian kitchens designed by Molteni and Michele Bönan Interiors feature top-of-the-line European appliances and finishes, while bathrooms include Italian cabinetry and paneling complemented by Italian marble finishes. Each home will be accessed via private elevator, creating an intimate arrival experience, and will feature the latest in-home automation systems and lighting controls.

Designed to provide a luxurious and intimate residential experience, Four Seasons Private Residences Coconut Grove will offer an extensive amenities collection for residents, including a restaurant, library, state-of-the-art gym and yoga room, spa with cold plunge and hammam, children’s area and private event room, as well as an expansive pool deck and bar lounge serviced by Four Seasons. Residents will also enjoy the benefits of legendary Four Seasons service even without a hotel, including a dedicated Director of Residences, concierge, housekeeping and butler services, in-residence dining, valet and wellness programming, among other offerings.

Four Seasons Private Residences Coconut Grove will reflect the neighborhood’s refined, serene atmosphere, steeped in culture and connectedness. Residents will be in close proximity to the water and situated among the town’s beloved local boutiques, restaurants and some of the nation’s leading schools, creating a close-knit community and well-rounded walkable lifestyle.

The collaboration between CMC Group and Fort Partners is driven by the pair’s shared ambition to elevate the standard of living in a market that is yearning for true world-class real estate and hospitality. CMC Group has for years played a pioneering role in developing Miami’s skyline and reshaping the greater condo market in South Florida, while Fort Partners’ long-standing partnership with Four Seasons includes the development of the iconic Four Seasons Hotel and Residences at The Surf Club, Four Seasons Resort Palm Beach, Four Seasons Hotel and Private Residences Fort Lauderdale and ownership of Four Seasons Hotel Miami. Forthcoming developments under the Four Seasons flag are planned throughout Europe and the United States.

Oak Row Equities Breaks Ground On 2600 Biscayne Boulevard In Miami's Edgewater Submarket

Oak Row Equities, a vertically-integrated private equity and real estate development company with over $1.6 billion of development in South Florida, have broken ground on 2600 Biscayne Boulevard, a transformative Class AAA multifamily and office tower in the rapidly-maturing Edgewater neighborhood of Miami. Coastal Construction Group, one of the largest general contractors in the Southeast, is the general contractor. Globally-renowned architecture firm Arquitectonica is responsible for the design of the luxurious 41-story building, which will be home to an original public art piece by acclaimed artist Derrick Adams. Vida, a Portland-based full service interior design and interior architecture firm, is designing the interiors. The commencement of construction follows the pre-leasing of 50% of the commercial space, and the closing of a $181M loan from Bank OZK – one of the largest multifamily construction loans to close in South Florida this year.

“We are thrilled to be breaking ground at 2600 Biscayne. We are focused on delivering the highest quality multi-family and office product to the Edgewater submarket,” said Erik Rutter, Managing Partner at Oak Row Equities. “We believe by breaking ground today we will deliver into a supply-constrained market and be well-positioned as the highest quality asset in Miami-Dade County.”

2600 Biscayne comprises an entire city block and is conveniently located one block from the planned Northeast Corridor rail stop. The tower features 187,000 square feet of prime office and retail space and 399 luxurious studio to three-bedroom (plus den) rental residences. With exceptional design, ample private outdoor space, modern finishes, stunning views, and state-of-the-art amenities, these residences will rival new condo construction homes. An elaborate mural will be displayed on the western portion of the facade visible from multiple neighborhoods by celebrated artist Derrick Adams.

"2600 Biscayne will dramatically enhance the caliber of multifamily and office space in Edgewater and really create a new upper tier for these asset classes in South Florida," says David Weitz, Managing Partner at Oak Row Equities. “We are thrilled to be breaking ground on this exciting new project, and are proud to be working with such sophisticated financial institutions who are invested alongside us in South Florida’s bright future.”

"Coastal Construction Group is honored to join Oak Row Equities in breaking ground on 2600 Biscayne Boulevard,” said Patrick Erin Murphy, Executive Vice President of Coastal Construction Group. “We are excited to contribute to the transformation of the Edgewater neighborhood with esteemed partners and look forward to playing a part in delivering this building.”

The residential portion of the tower will begin 135 feet above the ground, ideal for residents looking for the quintessential Miami view. Multiple levels of residential amenities include a pet spa, private lounge, yoga studio, and top-of-the-line fitness center. A wraparound 12th-floor amenity deck will have a lap pool, cold plunge, hot tub, well-appointed cabanas, and BBQ grills. The tower’s 41st floor will feature a coworking lounge and rooftop deck with some of the best views in Miami.

Residents will enjoy a seamless arrival experience via a dedicated residential porte-cochére with lush, covered waiting areas for ride shares. 2600 Biscayne will have EV charging stations and over 600 parking spaces for added convenience.

2600 Biscayne will be Gold Certified National Green Building Standard. The tower’s offices are almost 50% pre-leased and will be located on the first ten floors within a sculptural pyramid-like structure. Office tenants will have access to touchless entry points and elevators to easily divisible floor plates with 14’ ceilings. There will be floor-to-ceiling glass throughout the spaces, private tenant balconies, and a wide range of indoor and outdoor wellness-focused amenities.

Outdoor amenities exclusive for the office tenants include a landscaped rooftop terrace, exclusive padel court, open-air seating, covered picnic areas, an outdoor wellness and yoga deck, and more. Inside, there is a dedicated business lounge, private meeting areas, conference rooms, and an entertainment room with a golf simulator.

Vehicular arrival for office tenants will be via a private porte-cochére and a designated lobby. Dedicated valet and tenant parking will be available along with 24/7 security and access.

Edgewater offers lifestyle amenities such as the lush eight-acre Margaret Pace Park, and robust retail and culinary options. Wynwood, Midtown, and the Design District are moments away. Whole Foods and a Northeast Corridor rail station will be within blocks upon completion. Miami International Airport, I-95, Miami Beach, and Brickell are easily accessible from Edgewater.

Indian Creek Residences & Yacht Club Sells Second Penthouse Asking $11.25 Million

Just a few months after the record-setting sale of the largest and most expensive penthouse on Miami's Bay Harbor Islands, Indian Creek Residences & Yacht Club has sold its second and final penthouse, a 5-bed, 5-bath and 2-powder room home last asking $11.25 million. Both penthouses have sold to New York-based buyers. Designed by Miami-based architect Kobi Karp with interiors by the acclaimed Zarifi Design, the eight-story waterfront building is home to nine luxury condominiums and six yacht slips, one of the only private yacht clubs in the area. Indian Creek Yacht Club & Residences is being developed by Landau Properties with sales overseen by OFFICIAL Partners. Construction broke ground in February.

Overlooking the uber-wealthy "Billionaire's Bunker" and Indian Creek Country Club, this boutique condo features just 9 homes and a private marina. The full-floor penthouse spans 5,164 square feet and offers 75 feet of unobstructed waterfront views, a private terrace, wine wall, home office, two kitchens and access to the development’s full amenity collection.

Indian Creek Residences & Yacht Club will offer a resort-style amenities package for residents. In addition to the yacht club complete with dockmaster concierge services, the curated amenities include a world-class spa with treatment rooms, state-of-the-art fitness center, outdoor yoga lawn, flexible entertainment lounge with high-fidelity sound system and bar, and landscaped rooftop terrace with a pool, dining area, outdoor kitchen and screening pavilion. The building also offers a full-time doorman, resident concierge and 18 private parking spaces.

Pagani Residences Reveals First Look At Luxe Amenities on Miami's North Bay Village

Pagani, a brand known for exclusivity, “stealth-wealth” characteristics and handcrafted quality, has revealed a first look at the buildings luxurious amenities such as their gym, pool, and spa. The attention to detail prevails, especially throughout the design and functionality of their carefully curated exquisite amenities. Pagani Automobili is a luxury brand renowned for its exquisite quality, unique engineering, and tailor-made handcrafted Hypercars, which stand among the most desired in the world. The interiors are by A++ and curated by Pagani Arte, the newly established Made in Italy interior design division was born from the founder of Pagani Automobili.

Pagani Residences will include an exquisite collection of amenities. On the ground floor residents’ amenities include valet parking and porte-cocheĚre, a pet spa, bicycle, paddleboard and kayak storage, 24/7 security, private garages available for purchase and preferred parking. To take maximum benefit of the stunning peninsula location surrounded by waterfront views, a private residents lounge is ensconced on level eight along with a library, and media room. A collection of wellness amenities awaits residents on level 27 with a state-of-the-art fitness center, advanced cardio training, dedicated Pilates and yoga studios, spa with stunning views of Biscayne Bay, sauna and steam rooms, and private treatment rooms as well as a restorative wellness lounge.

A rooftop pool and sky lounge on level 28 offer stunning 360-degree views of the Atlantic Ocean and Biscayne Bay, poolside cabanas and hot and cold plunges. Fully appointed summer kitchens with chef’s grills complete the package for alfresco, poolside dining.

In March Miami-based developer Riviera Horizons and Italian Hypercar brand Pagani revealed the world's first Pagani Residences, a boutique luxury residential building with interiors designed by Pagani Arte in Miami’s North Bay Village. Completion slated in 2027 with Fortune Development Sales leading sales and marketing for the project. Miami’s first-ever Hypercar branded building, Pagani Residences will offer 70 handcrafted, waterfront residences with prices starting at $2.4 million.

Designed by Miami’s renowned architecture firm Revuelta Architecture International, with interiors curated by Pagani Arte, the newly established Made in Italy interior design division was born from the founder of Pagani Automobili.

Located at 7940 West Drive, North Bay Village, the 28-story, amenity-rich property will feature a 240-foot waterfront boardwalk, private boat slips, and entertainment spaces for 70, all-corner residences. The spacious, two-to-four-bedroom homes range from 2,000 to over 3,300 square feet with expansive outdoor terrace spaces ranging from over 800 to 1,040 square feet, with only four residences per floor, making privacy paramount. Penthouses span from 6,900 square feet with up to 4,400 square feet of outdoor living. Each home will be entirely customized and fully finished with 11-foot ceilings in all residences with waterfront-facing outdoor spaces and 13-foot ceilings in the penthouses with private pools. Owners will enjoy 24/7 concierge service to anticipate every need.