Phil Gutman Launches Gutman Development Marketing

Phil Gutman, a real estate visionary achieving stellar sales results, is using his more than 25 years of sales leadership accomplishments to shape a new benchmark real estate consultancy, Gutman Development Marketing. The Miami-based firm caters to developers of the area’s prime developments, including notable high-end condominiums, condo-hotel properties and residential communities.

The new company aims to fill a void in the existing local new development sector, working hand-in-hand with developers on all aspects of the sales function. Gutman Development Marketing advises developers, large or small, in terms of site selection, design elements, materials, floor plans and pricing, as well as building an in-house sales team or choosing the right brokerage and sales team, determining market demand regarding amenities and features, managing marketing and branding strategies and training sales teams. Coming on board at the earliest stages of development, Gutman Development Marketing plays an essential part in the success of a real estate project.

An expert on both the client and brokerage sides, Gutman has led the launch of key developments on both the East Coast and the western region of the U.S. In South Florida, he currently steers the achievements of the Continuum Company as managing director of sales at La Baia North, a 57-unit waterfront development with resort-style amenities located at 9481 E. Bay Harbor Drive in Bay Harbor Islands, and Continuum Club & Residences, a 198-residence luxury bayfront condominium in North Bay Village. Gutman also led sales and secured the land for La Baia South, an 8-story boutique building featuring 68 residences located at 9201 E. Bay Harbor Drive in Bay Harbor Islands. La Baia South and La Baia North are part of La Baia Bay Harbor, a development spanning two sites a few blocks away from each other.

Additionally, Gutman made news earlier this year when he helped facilitate the acquisition of an oceanfront property in Surfside by Multiplan Real Estate Asset Management for a record-breaking price of $64 million.

Previously, as president of Brown Harris Stevens Miami, a luxury real estate firm based in New York City and serving Manhattan, Brooklyn, Queens, Riverdale, the Hamptons, Hudson Valley, Connecticut, New Jersey, Palm Beach and Miami; Gutman oversaw a sales team of approximately 200 multilingual, award-winning REALTOR® professionals in Miami-Dade County. He also launched its Sports and Entertainment division, in addition to its Commercial division.

At Douglas Elliman Development Marketing, a division of Douglas Elliman Realty, Gutman oversaw a real estate portfolio exceeding $3 billion, including Miami Beach’s Canyon Ranch, 1 Hotel & Homes, Monad Terrace, and Ritz-Carlton Residences; as well as The Bristol Palm Beach.

In Las Vegas, Gutman led sales for one of the largest residential projects in the U.S.: The Cosmopolitan of Las Vegas Resort and Casino. His strategic planning, training, quality control and negotiation helped to result in the sale of more than 1,825 units in 18 months, with $1.275 billion in volume.

“As a licensed real estate broker in New York, Nevada and Florida, my education, experience and expansive network of clients and colleagues provide me with an arsenal of unique abilities to guide, consult and lead all facets of new development in various market conditions,” said Gutman. “My hands-on approach, coupled with my unwavering dedication and knowledge, ensures that Gutman Development Marketing properly manages all the sales aspects of a project, driving success for the developer while helping launch an unparalleled residential product to the market.”

“Throughout my career, I have been pleased to be a pivotal contributor to the selection process for both the sales and marketing company and the sales associates,” he continued. “My steadfast belief lies in the understanding that new development is not a one-size-fits-all scenario.”

The Allen Morris Company Receives Commission Approval For Ponce Park Residences Coral Gables Condo

The Allen Morris Company, led by Allen and Spencer Morris, have received commission approval for Ponce Park Residences, a luxury condo project set to rise in the heart of Coral Gables. Located on the crown jewel site at the intersection of the renowned Ponce De Leon Boulevard and University Drive in Coral Gables, Ponce Park Residences is positioned to become the next most iconic building in The City Beautiful. On May 21 the Coral Gables commission voted a unanimous 5-0 in support for Ponce Park Residences, which was designed by John Cunningham and pays homage to the Mediterranean influences of Coral Gables while creating an active pedestrian arcade that blends seamlessly into a new city park. Project architect John Cunningham designed the timeless Alhambra Towers which is also owned and developed by The Allen Morris Company and has served as one of the most iconic buildings on the Coral Gables skyline. Ponce Park Residences will also feature landscape design by Naturalficial. Sales are set to launch summer 2024 and will be overseen by ONE Sotheby’s International Realty.

Ponce Park Residences will consist of approximately 20,000 SF of retail & restaurant space, which will house two world-renown restaurants and a world-class wellness spa. The tower will house 57 ultra luxury condo units. The units will include the finest Italian kitchens & countertops, 12’ deep balconies with summer kitchens in every unit and 11’-12' clear ceiling heights. The building’s rooftop deck boasts 30,000 SF of amenities including multiple pools, a cold plunge, a hot tub and a fully staffed, private rooftop bar with views of South Gables and Biscayne Bay.

The project will provide residents a boutique urban lifestyle experience and access to over 100 shops and restaurants located at the $1 billion mixed-use The Plaza Coral Gables directly across the street as well as the Miracle Mile corridor located a short walk away.

The Allen Morris Company will also contribute $2 million in public improvements and assume responsibility for the re-design of Ponce Circle Park, The City’s central park. The total park improvements will total over $9 million.

Meet our Panelists for PROFILE Royal Retreat Hospitality Real Estate in Miami

On May 21 PROFILEmiami is set to take over the iconic Art Deco landmark and Miami hot spot, QUEEN to bring you an exclusive cocktail and exciting panel discussing hospitality  real estate with Miami’s top developers and owners Ronny Finvarb - Finvarb Group, Michael Simkins - E11EVEN Partners / Lion Development, Mathieu Massa - Mr. Hospitality / QUEEN, Alex Witkoff - Witkoff, Robert Rivani - Black Lion Investment Group and moderated by Christian Charre - Berkadia Hotels & Hospitality. The panelists will explore investing in, developing and operating commercial real estate assets with a focus on hospitality including hotels, restaurants, nightclubs, private clubs, golf courses, etc.

Attendees will sip custom cocktails by E11EVEN Vodka, Bennati Wine Esquisito Tequila and Tripping Animals brewing plus indulge in bites of modern Japanese cuisine by Queen’s executive chef Mitchell Hess, while taking in QUEEN’s opulent ambiance, followed by a panel discussion. This is not just a networking event; it's an experience.

Date: Tuesday, May 21 from 5 - 8 PM

Location: Queen Miami Beach, 550 Washington Ave., Miami Beach

Panelists:

• Mathieu Massa, Mr. Hospitality / Queen

• Michael Simkins, E11EVEN Partners / Lion Development

• Alex Witkoff, Witkoff

• Robert Rivani, Black Lion Investment Group

• Ronny Finvarb, Finvarb Group

• Christian Charre, Berkadia Hotels & Hospitality (Moderator)

Shoma Group Unveils New Mixed Use Project Shoma 88

Shoma Group, a prominent Miami-based developer, has introduced Shoma 88, a mixed-use development poised to redefine the living experience in Kendall. This project signals a significant stride for Shoma Group, highlighting their dedication to providing housing options that blend affordability with luxury living experiences.

Masoud Shojaee, CEO and Chairman of the Board at Shoma Group, expressed excitement for the project, stating, "Kendall holds a special place in our hearts. Shoma 88 represents an opportunity for us to showcase our growth and evolution while maintaining our commitment to quality and community. We're enthusiastic about reintroducing luxury living to Kendall, where our journey began."

Standing 28 stories tall, Shoma 88 boasts 405 rental units, each offering a generous 920 square feet of space. With inclusivity in mind, Shoma Group has designated at least 40 percent of the units for workforce housing, ensuring accessibility for Kendall's essential workforce.

Shoma 88 offers a holistic lifestyle experience by integrating residential living with essential services and amenities. The development encompasses dedicated office space, providing residents with convenient coworking options and fostering a dynamic live-work environment. Additionally, 105,000 square feet of medical office space and 8,000 square feet of retail space will cater to residents' needs for essential services and amenities.

Residents will have access to a wide range of state-of-the-art amenities, including a rooftop pool with barbecue areas, a fully equipped gym, a sauna, a business center, a dedicated kids’ playroom, and a clubhouse. Stephanie Shojaee, President of Shoma Group, underscored the project's inclusivity, stating, "Shoma 88 is more than just luxury living. We're creating a space that meets the diverse needs of the Kendall community, fostering a vibrant hub for residents, workers, and local businesses."

Groundbreaking for Shoma 88 is slated for the first quarter of 2025, with an estimated completion date within 30 months. Shoma MGMT, led by Stephanie Shojaee, will oversee leasing and management for the property, designed by the renowned PPK Architects.

Pagani Residences Reveals Renderings of 'Stealth Wealth' Interiors

Pagani, a brand known for exclusivity, “stealth-wealth” characteristics and handcrafted quality, and Riviera Horizons have revealed a first look at Pagani Residences luxurious interiors by A++, curated by Pagani Arte, the newly established Made in Italy interior design division. Miami’s first-ever Hypercar branded building, Pagani Residences will offer 70 handcrafted, waterfront residences with prices starting at $2.4 million on Miami’s North Bay Village. 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. Completion is slated in 2027 with Fortune Development Sales leading sales and marketing for the project.

Located at 7940 West Drive, North Bay Village, the 28-story, amenity-rich property designed by Revuelta Architecture will offer 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.

Pagani Residences will include an exquisite collection of amenities including a 240-foot waterfront boardwalk and private boat slips. Owners will enjoy 24/7 concierge service to anticipate every need. On the ground floor residents’ amenities include valet parking and porte-cochere, 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.

Latitude Group Breaks Ground on The Terraces in Fort Lauderdale Beach

Latitude Group, a South Florida developer known for its high-end residential projects, has broken ground on The Terraces, a boutique condominium project in Fort Lauderdale. The Terraces will feature only 22 exquisitely designed residences, offering an unparalleled level of privacy and exclusivity. Each residence will boast spacious floor plans, high-end finishes, and expansive balconies with breathtaking water views. Amenities will include resort-style pool with private cabanas as well as a state-of-the-art fitness center and outdoor yoga terrace.

“The Terraces is designed for the discerning homeowner who desires a luxurious and intimate living experience,” says Carlos Lopez, Co-Founder of Latitude Group. “He continued,  “With only 22 units, residents will enjoy a sense of community while also having access to the best that Fort Lauderdale beach has to offer. We are excited to be part of this community and looking forward to delivering an exceptional project that will deliver something new to the market.”

The Terraces is ideally located in the heart of Fort Lauderdale beach, close to world-class beaches, vibrant nightlife, and upscale shopping and dining. Residents will also have easy access to major highways and Fort Lauderdale-Hollywood International Airport.

The project is the only pre-construction development in Fort Lauderdale beach offering luxury living in a boutique environment. Designed by world-renowned South Florida-based architecture firm GarciaStromberg, the building features all-corner residences enhancing both privacy and views. 

Dan Texiera, Vice President of Business Development at Douglas Elliman Development Marketing and the sales director for The Terraces says, “The Terraces isn't just about creating luxurious residences; it's about elevating the Fort Lauderdale lifestyle. Our boutique design fosters a close-knit community while offering spacious living perfect for enjoying the South Florida lifestyle. Residents will be steps from the vibrant energy of Fort Lauderdale, yet enjoy the tranquility of a private oasis just minutes to the beach or the Intracoastal. The Terraces is poised to become a landmark, offering a new standard for luxury living in Fort Lauderdale.”

Inside the boutique building is finished with a discerning eye, led by interior designer Marcela Lombana. Light oak, marbled tiling and touches of sky blue and sage green reflect the surrounding palette of South Florida’s beauty. 

Construction on The Terraces is scheduled to begin this month with a completion date in 2026. Winmar Construction has been selected as the general contractor. With an extensive portfolio showcasing world-class commercial interiors, hospitality, retail and restaurant projects, and more, Winmar Construction continues to deliver some of the most visible projects on the market. Working in both South Florida and the mid-Atlantic, their completed projects include the Shelborne Hotel, multiple Stephen Star restaurants including Le Zoo and Le Diplomate, the Faena sales gallery, AquaBlu and AquaVue. 

Latitude Group is a South Florida-based developer with a proven track record of success. The company is committed to creating luxurious and innovative living spaces that exceed the expectations of its discerning clientele. Led by co-founders Carlos Lopez and Luis Estrada, Latitude Group focuses on boutique luxury developments in the residential and mixed-used space. Also underway for the group is the first commercial new development project in Key Biscayne in over 10 years.

Fisher Brothers Lifts Airstream To Rooftop of Wynhouse Miami As Unique Outdoor Amenity

Following the recent topping-off of Wynhouse Miami, construction teams from Suffolk Construction have installed an airstream as a unique rooftop offering in its outdoor amenity space for residents. Wynhouse is being developed by New York City-based Fisher Brothers, a fourth-generation real estate company that owns, manages and operates unique spaces across the country. Rising eight stories, the mixed-use multifamily Wynhouse Miami in the heart of Wynwood will deliver 308 rental residences, approximately 26,000 square feet of ground floor retail and paseo space and nearly 25,000 square feet of expansive indoor and outdoor amenities. The project is set to open its doors in Q1 2025.

Located at 2200 NW First Avenue, this highly-amenitized mixed-use building will transform the thriving Wynwood neighborhood with striking public art across its facade and two public passageways, known as paseos, that will invite pedestrians to engage with everything the building has to offer, including the community spaces and ground-floor retail.

Wynhouse Miami’s residences range from 474 to 1,405 square feet and feature a mix of studio, one- and two-bedroom floorplans, along with select penthouse units. Designed by ID & Design International (IDDI), the units’ interiors will feature neutral tones and bold, colorful accents to complement the artistic, diverse community of Wynwood.

Wynhouse Miami is Fisher Brothers’ latest multifamily development within its House brand, a collection of highly-amenitized, design-forward properties built to complement the existing fabric of the neighborhood Earlier projects completed as part of the House brand include House 39, which features 297 residences in the Murray Hill neighborhood of New York City, and Station House, which offers 378 apartments in Northeast Washington DC. Wynhouse Miami represents Fisher Brothers’ longstanding commitment to delivering innovative, thoughtful residential developments and is reflective of the firm’s active expansion to key markets throughout the U.S.

In recent years, the Wynwood neighborhood has transformed into an energetic hub featuring captivating street art and brimming with mystery as it is filled with hidden entrances, surprising corridors and a network of connected alleyways. Building architect Nichols Architects incorporated these elements as the starting point for the design of Wynhouse Miami. In the next phase of construction, Nichols Architects’ conscientious exploration of Wynwood’s existing culture and rich history will come to life in the completion of Wynhouse Miami.

Located on the lobby, second floor and roof, the building’s indoor and outdoor amenities were designed by award-winning interdisciplinary architecture and design firm Rockwell Group to compliment the lively cultural scene in Wynwood and provide active spaces to enhance the residential experience. Residents will be greeted by an eclectic and artistic lounge as soon as they enter through the lobby. The second floor will provide a lawn area, fitness center, co-working lounge with meeting and individual conference rooms, entertainment lounge, creative lounge and expo kitchen, all of which are connected by a multi-story, indoor-outdoor courtyard that will be decorated with planters and seating to create a tranquil space for residents. On the rooftop, residents will enjoy a pool, spa, outdoor entertainment space and barbeque area, while soaking in the views of beautiful Wynwood and the nearby skyline of Downtown Miami.

TORTOISE ONE A NEW MIXED-USE PROJECT IN WEST PALM BEACH ANNOUNCES COMPLETION

West Palm Beach, renowned for its vibrant culture and coastal charm, is welcoming a new addition to its skyline with the completion of Tortoise One, a luxury mixed-use, multifamily development. Developed by Tortoise Properties, known for its expertise in creating exceptional real estate assets in South Florida, Tortoise One is set to redefine upscale living in the heart of the city.

Strategically located at 740 N Dixie Highway in the downtown corridor, Tortoise One comprises two eight-story towers housing a total of 264 residences. The development offers a range of living options, from studios to spacious one and two-bedroom apartments, designed to cater to the diverse needs of modern renters, including young professionals, families, and entrepreneurs.

Jake Geleerd, co-founder and CEO of Tortoise Properties, expressed his excitement about the project, stating, "Tortoise One embodies our commitment to innovative design and elevated experiences. We are thrilled to introduce this exceptional endeavor, which sets a new standard for luxury living in West Palm Beach."

Designed by MSA Architects with interiors by Builders Design and constructed by Verdex, each apartment at Tortoise One exudes refined elegance. Features include private balconies with sweeping views, wood-style flooring, floor-to-ceiling windows, and high-end kitchens with custom tile backsplash and stainless-steel appliances. Residents also benefit from amenities such as in-unit washer and dryer, smart thermostats, and keyless entry for added convenience and security.

The amenity program at Tortoise One is designed to cater to residents' diverse interests and lifestyles. From social clubrooms and fitness centers to rooftop pickleball courts and resort-style swimming pools, there's something for everyone. The development also features private workspaces, a pet washing area, and electric car charging stations, promoting sustainability and convenience.

Situated just minutes from Palm Beach Island, Tortoise One offers residents easy access to a plethora of dining, shopping, and entertainment options in downtown West Palm Beach. With transportation services like the Circuit connecting the property to the city, residents can explore with ease.

Crown Residential is managing the leasing of apartments at Tortoise One, while retail leasing is being led by Tortoise Realty Group.

Check Out The Newly Revealed Renderings of Lion Development and Terra's Midtown 1

Renderings have been revealed for Midtown 1, a 48-story tower set to become the tallest in Midtown Miami. The project is being developed by a joint venture between leading Miami-based developers Terra, led by David Martin, and Michael Simkins’ Lion Development Group. The partnership on the 1.6-acre property, which is located at 3501 NE 1st Ave., in June 2023 for $40 million. The Arquitectonica-designed tower will rise 48-stories, 596 feet, and will offer 400 residential units, 27,658 SF of retail and 498 parking spaces. The interiors will be designed by international design studio Yabu Pushelberg. The project is set for review by Miami’s Urban Development Review Board on May 15.

Terra’s portfolio of luxury developments across South Florida includes Five Park, a 48-story residential tower rising at the entrance to Miami Beach; the two-tower Mr. C Residences Coconut Grove, which is nearing completion later this year; THE WELL Bay Harbor Islands, a wellness-focused mixed-use property planned for Miami’s Bay Harbor Islands with 54 luxury residences and 80,000 square feet of class A office space; and Villa Miami, a 55-story waterfront tower planned for Miami’s Edgewater neighborhood with roughly 50 full-floor residences.

Lion Development Group is led by Michael Simkins, one of the visionaries behind the E11EVEN brand and one of the largest property owners in Miami. Michael Simkins is leading the redevelopment of several distinct neighborhoods in South Florida and is currently developing E11EVEN Hotel & Residences, E11EVEN Residences Beyond and West Eleventh Residences.

Lion Development Group, LNDMRK Development and Tricera Capital Close On Society Wynwood Retail For $22.5 Million

A partnership between Lion Development Group led by Michael Simkins, LNDMRK Development led by Alex Karakhanian and Tricera Capital led by Ben Mandell have closed on 32,000 square feet of ground-floor retail space at Society Wynwood for $22.5 million. Tricera and LNDMRK signed four leases pre-closing to fill about 50% of the leasable area to Starbucks, Nacho Daddy,Chama De Fogo Brazilian Steakhouse, and I Scream Gelato. Property Markest Group (PMG) and Greybrook, who developed the mixed use project, sold the retail portion for $22.5 million to the buyer group, and the deal closed on April 26. Jason Krane with Ackman Ziff helped source Seacoast Bank, the senior lender that financed the deal.

“Wynwood's growth over the last decade has been tremendous, and our team is excited to continue to play a role in elevating the community,” said Tricera Capital CEO Ben Mandell. “We have had success leasing at Society thus far and intend to continue our momentum with new leases soon to be announced.”

The property at 2431 NW Second Ave. is conveniently located in the center of the Wynwood Art District, within walking distance of many new restaurants and boutique businesses. Along with the ground-floor retail, Society Wynwood has almost 300 modern residential units and a private parking garage, making it a premier destination.

“We are excited to partner with Tricera and Lion on this transformative acquisition. The retail is situated in the core of the district, directly across from the Wynwood Walls, and continues to attracted premium tenants that want to be part of this vibrant community,” said Alex Karakhanian, Owner of LNDMRK Development. “Wynwood continues to grow and mature, becoming a neighborhood where living, leisure, and work can intertwine.”

Starbucks will occupy ~2,600 square feet of retail space at Society Wynwood. Las Vegas-born Nacho Daddy will occupy ~5,400 square feet,Brazilian Steakhouse Chama De Fogo will occupy ~5,520 square feet, and I Scream Gelato will occupy ~1,300SF.