The Calta Group Locks Down $30 Million Construction Loan For Coral Gables Townhomes 'Via Veneto'

The Calta Group, a real estate, development, and construction company led by brothers Ignazio and Gaetano Caltagirone, announced today that they have closed on a $30 million construction loan from Banesco USA for Via Veneto. The financing will fuel the development of Via Veneto, a collection of 10 ultra-luxury townhomes located in the heart of Coral Gables. Groundbreaking for this iconic project, which pays homage to Coral Gables' glorious past while introducing state-of-the-art grandeur, is slated for Spring 2025.

The sophisticated boutique project will feature 10 three-story townhomes, each offering more than 5,500 square feet of living space. Each residence offers four oversized bedrooms, four and a half baths, and expansive entertainment and living areas. Additional features include gourmet kitchens designed by Mia Cucina, renowned for its high-end Italian furnishings, and thoughtfully designed outdoor spaces with private terraces and summer kitchens overlooking a picturesque courtyard, providing an ideal blend of indoor and outdoor living.

Drawing inspiration from the neoclassical Mediterranean colonial style, Via Veneto’s exteriors combine timeless southern European elegance with modern luxury. Architectural details such as recessed entry porticoes, wrought-iron-inspired balconies, and intricate stonework complement Coral Gables' historical charm.

Each residence is uniquely distinguished by its own entry garden and façade. Within the landscaped development, residents will enjoy a trellised arched entryway, a paved motor court, and private carports alongside expansive four-car garages.

Priced from $5.7 million, Via Veneto is designed by renowned architect Nelson de Leon with interiors by Sensi Casa. The modern Mediterranean townhomes offer the added convenience of an elevator accessing all three levels.

“This construction loan represents a monumental milestone in making Via Veneto a reality,” said Gaetano Caltagirone, Co-Founder of The Calta Group. “We are proud to partner with Banesco USA, a respected leader in construction lending, to bring to life the most sophisticated project ever built in Coral Gables. Via Veneto is more than a development; it represents a culmination of our life experiences, passion, and a quest to exceed any level of sophistication Coral Gables has ever seen. This project is a legacy, a landmark that will become as iconic as The Biltmore Hotel, designed to fulfill the needs of an influx of discerning buyers attracted to this vibrant area.”

Banesco USA, an independent Florida state-chartered bank with $4.17 billion in assets and six locations between South Florida and Puerto Rico, has a strong reputation for serving a diverse clientele including the commercial and real estate sectors, small and middle-market businesses, and operating companies.

“At Banesco USA, we are committed to fostering exceptional projects that enrich the communities we serve,” said Calixto García-Vélez, President and CEO at Banesco USA. “Via Veneto exemplifies innovation and elegance, and we are proud to collaborate with The Calta Group to bring this exceptional development to Coral Gables.”

“We are proud to partner with The Calta Group on Via Veneto,” added John Cedres, Vice President – Corporate Lending Officer at Banesco USA. “This investment reflects our confidence in the strength of the Coral Gables market and The Calta Group’s track record of delivering exceptional developments that resonate with high-end buyers.”

Advisory services were provided by Jason Shapiro of CRE Capital Group.

Located at the intersection of Sevilla Avenue and Palermo Avenue, at 915 Palermo Avenue, Via Veneto offers unparalleled access to Coral Gables’ iconic landmarks, including The Biltmore Hotel, Venetian Pool, and Miracle Mile, celebrated for its boutique shopping, dining, and cultural attractions. Residents will also benefit from proximity to top-rated schools, parks, golf courses, recreational facilities, and Miami International Airport, making it an ideal choice for luxury buyers seeking convenience and sophistication.

Marketing and sales for Via Veneto are exclusively handled by Judy and Nathan Zeder, the high-powered mother/son duo with The Jills Zeder Group of Coldwell Banker Realty – the nation’s number one team as recognized by the Wall Street Journal.

Helm Equities Reveals 'The Helm' Live Local Act Mixed-Use Tower In Miami Design District

The New York and Miami-based Helm Equities has proposed The Helm, poised to enhance Miami’s luxurious and ever-evolving Design District and will utilize the Live Local act to create a diverse mixture of residents while significantly reducing traffic and its overall impact on the neighborhood. The extraordinary mixed-use project, with a total estimated development cost of nearly $500 million and approximately 500,000 square feet of active uses, represents the next chapter in the neighborhood’s evolution. Purposefully designed, The Helm perfectly complements the Design District’s renowned luxury retail, distinct architecture, vibrant art scene, and collection of best-in-Miami restaurants—all within a highly walkable and workable environment.

Spanning an entire two-acre city block, The Helm is bounded by Northeast 42nd Street to the north, Northeast 43rd Street to the south, and Northeast 4th Avenue to the west. Developed and refined over several years by Helm Equities’ Ayal Horovits, in collaboration with Cube3 led by architect Jon Cardello, this thoughtfully planned project introduces several firsts for the Design District. The Helm will feature 162 branded residences, 116 rental residences, 80,000 square feet of boutique office space, 45,000 square feet of world-class retail and dining options, and more than 600 onsite parking spaces. In addition, the Helm will feature multiple community spaces that build on the neighborhood’s vibrant energy, beautiful landscaping, and inspired design. The project’s whimsical and wide-open design incorporates two distinct buildings, seamlessly connected by a paseo flanked with retail offerings, as well as a community park with more than 35,000 square feet of ground-level open space that bridges the Buena Vista and Design District neighborhoods. The site currently offers a glimpse into its bright future with a Botero Sculpture Garden, by Gary Nader.

"The Design District offers something truly unique. Strolling through its luxury retail and restaurants, observing the stunning architecture and landscaping, all intertwined with vibrant art, creates a rare blend of energy and calm. We wanted to build on that foundation—to create a project that introduces the idea of living and working in Miami’s most distinct neighborhood," explains Helm Equities Principal Ayal Horovits.

At every level, The Helm is masterfully designed to blend with its natural surroundings. Private terraces and shared outdoor spaces are enriched with lush greenery, creating an inspiring and tranquil atmosphere throughout the live-work environment. Every floor offers direct access to outdoor areas, while residents enjoy unobstructed, 360-degree views of Biscayne Bay and the iconic Downtown Miami skyline—elevating both modern lifestyle and connection to nature. The Helm’s wide variety of uses and offerings will seamlessly pair with the vast walkable amenities in the Design District to sharply reduce vehicular traffic.

“The distinctive design of this project reinterprets the Art Deco history of the Buena Vista neighborhood,” says Cube3 Partner Jon Cardello. “The teardrop shape of the building forms are reminiscent of Streamline architecture as the building’s façade transforms into window and balcony fenestrations with flat arched frames that create a pedestrian scale.”

Adding more benefit to the public, this project will utilize the Live Local act to create a diverse mixture of residents. Regulations require that 40 percent or 116 of the residences at The Helm will be offered at 120% of Area Medium Income. The Helm’s residential building will also offer luxury services, including valet and concierge and a private lounge and meeting rooms. Residents can also enjoy two serene and lush amenity decks that feature pools, a state-of-the-art gym, and modern dining options. The 150 branded residences will provide large, meticulously designed floorplates with world-class amenities.

The building massing is strategically oriented toward the historic Florida East Coast Railroad tracks and the upcoming, ultra-modern Northeast Corridor high-speed train station. The Brightline station will introduce substantial new live/work opportunities for both The Helm’s residents and the surrounding neighborhood. A recent traffic study by Kimley Horn confirms that the mixed-use design will significantly reduce traffic and its overall impact on the neighborhood, with a 29-37% decrease in daily commutes compared to the previously planned, commercial-only project.

The Helm has also been carefully designed to achieve LEED Gold and WELL Gold certifications, including a dedicated outside air system (DOAS) delivering 100-percent outside air to tenants and an all-electric HVAC system.

Terra Locks Down $291 Million In Permanent Financing for Phase 1 Of 38-Acre Centro City In West Miami Dade

Coconut Grove-based development firm Terra, led by David Martin, has secured a total of $291 million in permanent financing for the newly completed first phase of Centro City, a 38-acre mixed-use development located in the center of Miami-Dade County, just west of Little Havana.

JVP Management has issued a $187 million loan for the development’s multifamily residential component. Hudson Bay Capital has issued a $104 million loan for the retail component. The two loans will be used to pay off the development’s existing construction financing, which was provided in 2022 by Apollo Global Management and Mack Real Estate Credit Strategies.

Now complete, Centro City’s first phase includes a total of 350,000 square feet of revamped and newly built retail space, along with three 8-story multifamily buildings with 470 market-rate apartments. Leasing is now underway for the development’s residential component and tenants are expected to begin move-ins this March.

A Walker & Dunlop team led by Keith Kurland and Gangemi Law Group represented Terra in the transactions. Holland & Knight partners Joe Dewey, Brett Holland, Shawn Amuial and Shaina Kamen, and associate Brian Piper, led the firm’s representation of Hudson Bay Capital.

"Securing long-term financing for Centro City represents a significant milestone, not just for Terra but for the South Florida real estate market as a whole," said David Martin, CEO of Terra. "This project embodies our vision of creating vibrant, sustainable communities that enhance the way people live, work, and connect. Centro City’s completion will provide much-needed housing options, state-of-the-art retail experiences, and community spaces in the heart of Miami-Dade, setting a new standard for mixed-use developments in the region. We are excited to continue building momentum with future phases that will further contribute to the area’s growth and vitality."

Arquitectonica’s vision for the development’s residential component includes multifamily buildings lining the perimeter of the property featuring a series of courtyards, pool decks and lushly landscaped sidewalks. Market-rate units – priced from $2,500 per month – range from studios to two-bedroom apartments measuring between 500 and 1,250 square feet in size. Community amenities include multiple pools, poolside cabanas, barbecue grill areas, a children’s playground, a dog park, resident lounges, game rooms, and more.

The development’s retail component, which included the redevelopment of the property’s existing Central Shopping Plaza, is anchored by a 100,000-square-foot Target and is 95% leased to new and existing tenants including Ross Dress for Less, DD’s, Fresco Y Mas, Walgreens, and Bank of America. Designed by RSP Architects, the reimagined shopping center has been upgraded with a newly conceived façade, common areas, landscaping and signage along with the construction of new retail outparcels.

All told, Centro City’s master plan will come alive in multiple phases and include up to 1,200 market-rate residential apartments, green space for residents, a newly reimagined shopping center with lifestyle-oriented retail and restaurants, a Class A office building, and a Mater Academy K-8 Charter School. Construction of the development’s second phase, which will include approximately 518 multifamily apartments, is expected to commence later this year.

Centro City’s location in West Little Havana – on the northwest corner of NW 7th Street and NW 37th Avenue – is near some of Miami’s largest employment centers, including Miami International Airport, the planned Inter Miami soccer stadium, the Coral Gables Business District, and Blue Lagoon Office Complex. Additionally, the property is across the street from the historic Magic City Casino gaming and entertainment venue, and less than two blocks from the 836 Expressway, providing unparalleled access.

Terra’s portfolio of newly completed mixed-use commercial and multifamily developments across South Florida includes Grove Central, a transit-oriented mixed-use development with residential and retail uses in Coconut Grove; Pines Garden at City Center, a garden-apartment community in Broward County’s City of Pembroke Pines; Natura Gardens, a multifamily community in Northwest Miami-Dade County; and Doral Atrium and Doral Square, two lifestyle-driven retail developments in the City of Doral. Terra is also currently developing Upland Park, a $1 billion mixed-use transit-oriented community that will transform West Miami-Dade County’s Dolphin Park-and-Ride/Transit Terminal Facility into a 47-acre multimodal transportation hub with residential, retail and commercial uses.

One Thousand Group and Terra Secure $285 Million Construction Loan For Villa Miami

One Thousand Group and Terra have secured a $285 million construction loan to bring Villa Miami to life in Miami’s East Edgewater neighborhood. As the first-ever residential tower branded by the world-renowned Major Food Group (MFG), the 650-foot-tall waterfront condominium is set to become a new architectural landmark on Biscayne Bay featuring 70 private residences, a helipad, and a distinctive copper-colored exoskeleton designed by ODP Architects. Construction of Villa Miami broke ground earlier this month and is slated for completion in 2027.

The financing was provided by TYKO Capital, which is backed by Elliott Investment Management and led by Adi Chugh. TYKO is a multi-billion-dollar commercial real estate private equity and private credit investment management platform. Among the notable projects that the firm has provided financing for in New York City and Miami are Manhattan's Flatiron Building, One High Line’s luxury condos, Miami's St. Regis Residences, and the 830 Brickell Class-A office building. Financing was arranged by Walker & Dunlop’s Keith Kurland and Jordan Casella who also recently worked with Terra on the $170 million construction loan for the first phase of the firm’s $1 billion mixed-use project near Sweetwater’s Dolphin Mall, Upland Park.

“The financing secured for Villa Miami underscores the demand for an exceptionally curated residential experience within an intimate, boutique setting,” said David Martin, CEO of Terra. “Today’s lenders are drawn to best-in-class projects led by trusted teams with a proven track record. Villa Miami unites top-tier talent in a distinctive collaboration, creating a landmark residence in Edgewater—one of Miami’s most central and connected neighborhoods. This project reflects the evolution of Miami’s luxury condo market, which now caters to a discerning buyer demographic with a refined knowledge of brand ethos and the market.”

Set to rise 650 feet and 56 stories, Villa Miami celebrated its groundbreaking on December 5th during Miami’s Art Week. The project will house only 70 ‘estate-style’ residences, each featuring expansive full- and half-floor layouts with sweeping 360-degree views of Biscayne Bay and the Miami skyline. With residences starting at $5 million, Villa Miami’s units range from 3,000 to 6,000 square feet. Completion is anticipated in the fourth quarter of 2027.

“As branded residences continue to grow, they are redefining luxury by integrating the expertise of food and hospitality leaders like Major Food Group,” said Kevin Venger, Co-Founder of One Thousand Group. “With its prime waterfront location, striking architecture, and unparalleled amenities, Villa Miami sets a new benchmark for artistry, innovation, and sophisticated living, cementing Miami’s status as a global design and lifestyle hub.”

Edgewater has become increasingly attractive to Northeastern buyers drawn to its central location, close to sought-after neighborhoods like the Miami Design District, Midtown, Downtown and Miami Beach. These areas offer some of the city’s most desirable and walkable lifestyle destinations, with top-rated dining, high-end boutique shopping and cultural hotspots. Villa Miami will also be home to a new Major Food Group’s restaurant concept opening on the ground floor.

Villa Miami marks MFG’s debut in residential development. Co-founded by hospitality visionaries Jeff Zalaznick, Mario Carbone, Rich Torrisi and Miami partner Alex Pirez, Major Food Group brings its signature high-end dining experience directly to residents with Villa Miami’s Copper Club, an exclusive private club spanning multiple floors which houses the tower’s exclusive amenity suite.

The interiors at Villa Miami are crafted by Vicky Charles of Charles & Co., known for her work with high-profile clients like Sony Music, Goop and celebrities such as George and Amal Clooney, Ashton Kutcher and Mila Kunis, and David and Victoria Beckham. Inspired by Villa Miami’s bayfront location, Charles designed interiors that reflect the romance of waterfront cities like Venice and the French Riviera, reimagined with a modern Miami flair.

Villa Miami’s development team is behind some of Miami’s most iconic residential towers. Terra, led by David Martin, recently delivered Five Park Miami Beach and Mr. C Residences Coconut Grove, and has previously completed residential developments including the Renzo Piano-designed Eighty Seven Park, the Rem Koolhaas/OMA-designed Park Grove, and the Bjarke Ingels-designed Grove at Grand Bay towers. One Thousand Group’s portfolio includes the Zaha Hadid-designed One Thousand Museum tower, Ten Museum Park, and Regalia on the Ocean. Additionally, the firm just recently acquired a nearby Edgewater site for a Kohn Pedersen Fox-Designed tower.

Renderings via Binyan Studios

For more information about Villa Miami Residences or to inquire about purchasing a unit please fill out the form below:

The Belgrove Resort & Spa, Autograph Collection Opens In West Palm Beach

Access Real Estate and Witkoff have opened The Belgrove Resort & Spa, Autograph Collection in West Palm Beach as part of Marriott International. Opening on December 18, The Belgrove Resort & Spa is located along Lake Mangonia just 10 minutes from the heart of Palm Beach and is a one-of-a-kind modern oasis celebrating polished elegance and laid-back luxury, complemented by the rich culture of Palm Beach.

The Belgrove’s stunning property-wide transformation is expected to encompass 150 guest rooms as well as public spaces, including the arrival experience and lobby, food and beverage outlets, fitness and spa facilities, two pools and outdoor patio areas, and distinct meeting and function spaces. Anticipated by the end of 2025, 22 villas will be constructed to provide additional inventory and investment opportunities. The hotel’s sunny, sophisticated design will bring in a refreshing atmosphere of vibrant living and timeless charm, unlike anything in the area.

The newly enhanced resort will mark an impressive addition to the portfolios of each esteemed company, showcasing a significant investment in the market from businesses with highly successful track records within the industry. The Belgrove will join Autograph Collection Hotels’ international portfolio with over 320 independent properties in the most desirable locations across the world, each with its own unique perspective on heartfelt design and hospitality. The resort’s operator is Pyramid Global Hospitality.

“We are excited to announce the arrival of The Belgrove Resort & Spa, a highly anticipated resort property, years in the making,” said Jonah Sonnenborn, senior managing director and head of Access Real Estate. “The resort will offer families, friends, and groups a place to gather and share special milestones. We are honored to have incredible partners on this project and look forward to welcoming future guests and the local community.”

The Belgrove Resort & Spa’s elevated and thoughtfully-designed accommodations will feature spacious interiors with refined, laid-back island charm. Amenities include private balconies with expansive views of the natural splendor surrounding the resort. Suites and larger format rooms will boast ample space for relaxation, encouraging guests to take advantage of the private dining and butler services available. Pyramid Global Hospitality will oversee the property’s operations, bringing their key expertise to the hotel’s programming and function.

“Our mission is to cultivate an ambiance of British Caribbean hospitality throughout our rooms and suites,” states Kai Fischer, managing director of The Belgrove Resort & Spa. “Each room is meticulously designed to evoke a sense of refined tranquility, providing an escape from the demands of daily life.”

The Belgrove Resort & Spa will introduce five elevated dining options that will cater to a broad range of tastes and preferences. Stand-out concepts include Society 48, which will be an upscale American brasserie featuring a menu of globally inspired dishes from land and sea. Deep End, inspired by the 1950’s in West Palm Beach, will have a full-service pool bar and kitchen featuring refined approaches to poolside fare, as well as a beautiful garden space, Bacaro, which will host daily teatimes, happy hours, and social gatherings.

Under the canopies of South Florida’s iconic palm trees, the hotel will feature a tranquil poolside experience, offering both a family-friendly pool and an adults-only pool. The pool deck will offer 16 poolside cabanas with butler service and a variety of engaging programming ranging from morning yoga to evening happy hour specials, and more.

Nestled within the opulent confines of The Belgrove Resort & Spa,  Dutchman’s Pipe Golf Club is a haven of exclusivity and sophistication. This  private, members-only sanctuary  features a  Jack Nicklaus Signature-designed  7,300-yard course, where every hole is artfully framed by lush native vegetation and shimmering water features. Crafted for the discerning golfer, the course invites strategic play and imaginative shot-making, offering an unrivaled experience of sporting elegance.

Invited guests of Dutchman’s Pipe Golf Club will enjoy access to this celebrated course. Here, each round is more than a game; it is an immersive journey in luxury, combining world-class design with the nuances of golf mastery. To secure this exclusive experience, reservations must be arranged through the concierge a minimum of 48-hours in advance.

 Guests of The Belgrove Resort & Spa can also indulge in the  state-of-the-art racquet center, featuring four Har-Tru tennis courts, two pickleball courts, and two Padel courts. Whether seeking a competitive match or personalized lessons, the center offers an elite environment for racquet enthusiasts. Complementing this experience is a curated pro shop, where only the finest equipment and apparel await, ensuring guests are impeccably equipped to elevate their game. Experience the pinnacle of luxury, where every detail has been designed to delight and inspire.

With holistic practices at the center of The Belgrove Resort & Spa’s wellness ethos, the hotel will provide an array of curated offerings intended to support health, wellbeing, and restoration, including The Belgrove Spa that will feature luxurious treatment rooms and suites. Men’s and women’s lounges include thoughtfully-designed relaxation spaces, private locker rooms, showers, and steam rooms, while complimentary wet areas include cold plunges and saunas for guests to further their wellness practice before or after treatments.

The resort’s fitness center will offer expert-guided classes and programming as well as a variety of cardio machines, heavy lifting machines, weight racks, and strengthening tools, in addition to complimentary yoga mats, cool towels, and more. Just steps away, four tennis courts, two pickleball courts, and one padel court will be available for leisure, lessons, and group tournaments.

The Belgrove Resort & Spa’s meeting and event venues introduce a stunning, new collection of meticulously-designed spaces for any occasion. At over 21,000 total square feet of indoor and outdoor event space, inclusive of nine meeting rooms and two ballrooms, The Belgrove Resort & Spa offers professional-yet-polished venues for team gatherings, conferences, corporate retreats, weddings, celebrations, and social gatherings. Juxtaposed to typical event spaces, all venues within The Belgrove will have natural light and access to outdoor spaces.

The Belgrove Resort & Spa, West Palm Beach, Autograph Collection will participate in Marriott Bonvoy – the award-winning travel program from Marriott International – allowing members to earn and redeem points for their stay and at other hotels and resorts across Marriott Bonvoy’s extraordinary portfolio of brands. With the Marriott Bonvoy app, members enjoy a level of personalization and a contactless experience that allows them to travel with peace of mind.

Iconic 'Delano Miami Beach' Hotel Reveals First Look At New Renovation Set to Reopen 2025

Ennismore, the fast-growing lifestyle and leisure hospitality company, and Cain International (‘Cain’), have revealed the first look of Delano Miami Beach to mark the countdown to its reopening in late 2025 after a complete renovation. This first look at the revitalized Delano Miami Beach comes as the partnership recently celebrated the opening of Delano Dubai, introducing the brand to a new destination and continuing its global expansion.

Since 1947, the striking Art Deco façade of original Delano Miami Beach has stood as a tangible celebration of the area’s architectural heritage and a homage to the mid-century Miami style. In the 90s, the Collins Avenue landmark underwent a complete renovation, overseen by hotelier Ian Schrager and world-famous designer Philippe Starck, and the result ignited Miami, transporting guests into a world of contemporary design, chic sensibility, and whimsical charm. Widely recognised for reshaping luxury lifestyle hospitality, Delano is known for swapping traditional five-star opulence for a contemporary elegance that is equally captivating – an urban resort with undeniable charm and a loyal clientele.

As before, guests will be swept into the resort through a veil of billowing white curtains that opens out into bright, Delano-white public spaces informed by soft minimalism and the interplay between dark and light. The 171 guestrooms and suites, including poolside Bungalow Suites and spectacular Penthouse Suites, will be guided by a tonal palette and organic fluidity expressed through bespoke lighting and furnishings and will incorporate reimagined Delano brand signatures, including a fresh new take on the classic ‘Apple a Day’ amenity, which will charm guests with a beautifully crafted apple-shaped glass vessel filled with curated treats. Taking advantage of the resort’s prime beachfront location, oversized windows and terraces offer breathtaking views over the dynamic Miami skyline or the shimmering Atlantic Ocean.

Delano Miami Beach will be home to four distinctive restaurant and bar concepts, including a reimagination of the iconic Rose Bar, which once played host to Hollywood royalty and the who’s who of Miami society. The resort will also feature curated retail and exclusive spaces for events and meetings, as well as a state-of-the-art wellness studio and sublime spa offering a wide array of cutting-edge treatments. Delano devotees will be delighted to rediscover the legendary ground-floor pool, which will be joined by a new beachfront amenity deck and a second pool on the fourth floor.

The design of Delano Miami Beach pays homage to its iconic Art Deco roots with careful preservation of key historical features that ensure the hotel's rich heritage is seamlessly integrated with modern elegance. The original vertical paint bands and terrazzo flooring will be reinstated, while the Delano logo and the lobby's hexagonal columns are being restored. The mezzanine bridge will be reimagined to maintain sightlines to the pool and gardens. Delano Miami Beach has been designed by Elastic Architects in collaboration with Ennismore’s in-house design team.

Sharan Pasricha, Founder & Co-CEO of Ennismore, said: “Thirty years ago, Delano ignited the Miami scene and redefined the urban resort experience. From the Rose Bar to the pool - it was a place to be, a playground for the global jet set looking for the ultimate discretion. Today, together with Cain, we continue the iconic Delano story, writing a new chapter for the brand journey, not only with the epic opening of Delano Dubai this month but with the reopening of the brand’s flagship, Miami Beach. We can’t wait for guests, both new and existing, to rediscover Delano Miami Beach.”

“Cain has always believed in the strength of combining distinctive branded offerings with coveted locations across leading gateway cities and hospitality markets,” said Jonathan Goldstein, Chief Executive Officer of Cain International “We are thrilled to be joining forces with Ennismore to breathe new life into what we consider to be one of America's most iconic hotel brands, and share its legacy with a new generation of global travelers.”

In October 2024, the Delano brand was introduced to a new destination and audience with the opening of Delano Dubai. The hotel has 251 guest rooms and suites culminating in the five-bedroom Delano Penthouse, six restaurant and bar concepts, including The Rose Bar and Blue Door restaurant, a reimagining of the famous Delano Pool and 250 meters of private beach. The first Maison Delano - the brand’s metropolitan concept - opened in Paris in April 2023, creating a bustling cocoon that seamlessly translates the Delano pillars and programming into a city social hub.

In 2024, Ennismore and Cain entered into a strategic partnership in which Cain acquired a minority stake in the Delano brand, focusing on the reopening of the flagship and global growth with exciting pipeline projects under discussions across all regions.

Renderings via Binyan Studios

ELLE Residences Miami Reveals New Renders of Amenity Spaces

ELLE Residences Miami, the highly anticipated residential tower from the renowned fashion and lifestyle media brand ELLE, has just released stunning renderings of its luxurious amenities. Reflecting the bold and cutting-edge design found in the pages of ELLE DECOR, the amenity spaces promise to offer residents a lifestyle filled with elegance and sophistication in Miami's vibrant Edgewater neighborhood. This venture, a collaboration with Vertical Developments and Urban Network Capital Group (UNCG), represents a significant expansion for ELLE, combining the brand’s signature Parisian influence with Miami’s vibrant culture.

Spanning two floors, the amenities at ELLE Residences Miami cater to all aspects of a luxurious lifestyle. Wellness enthusiasts will appreciate the high-tech gym, outdoor fitness lawn, and meditation garden, while those seeking relaxation can indulge in the luxurious spa with steam, sauna, and cold plunge. The outdoor spaces are perfect for socializing, with a gourmet summer kitchen, fire pit, and outdoor movie theater. The sundeck, inspired by the French Riviera, features a resort-style pool and private cabanas, while the rooftop pool offers breathtaking views of the city. Residents can also enjoy a stylish resident-only lounge with an entertainment salon and listening bar.

The 25-story tower will feature 180 turnkey residences, with floor plans ranging from 450 to 845 square feet, offering one or two bedrooms. Priced from the $525,000s, ELLE Residences Miami also offers a collection of penthouses. The interiors, in collaboration with ELLE, will be led by The One Atelier, while the striking facade was designed by Behar Font & Partners.

Situated at 3618 NE 5th Avenue, ELLE Residences Miami will be exclusively represented by Fortune Development Sales. With its exquisite amenities and prime location, ELLE Residences Miami is set to redefine luxury living in Miami's Edgewater neighborhood.

Sale of $23 Million Penthouse at Aston Martin Residences Sets Downtown Miami Record

Top luxury real estate agent David Rocca just sold the stunning Sky Penthouse at the Aston Martin Residences. The record-breaking sale represents the most expensive condo sale ever in downtown Miami history with a last asking price $23,000,000. Rising 817 feet above the city, this architectural masterpiece is now a defining feature of the Miami skyline.

Unit 5901, the pinnacle of luxury, spans an impressive 9,573 square feet of refined interior living. It boasts 4 spacious bedrooms, 7 lavish baths, and 2 powder rooms. Represented by leading luxury real estate agent David Rocca of The Agency Miami, the buyer secured a residence that truly redefines modern elegance.

The penthouse includes a family room, private gym, staff quarters, and an indoor pool for ultimate comfort. Its grandeur extends outdoors with 3,324 square feet of terrace space, creating a total of 12,897 square feet of pure opulence.

As the ultimate finishing touch, the purchase comes with a bespoke Aston Martin Miami Riverwalk Edition DBX—an exclusive symbol of sophistication and style.

Follow David Rocca on Instagram @owning_miami. He can also be reached at 310-977-7993 or at his website.

Images via David Rocca The Agency

One Thousand Group Closes On $53 Million Edgewater Assemblage For Kohn Pedersen Fox-Designed Tower

One Thousand Group, the visionary development team behind some of Miami’s most iconic projects including One Thousand Museum, has announced the successful acquisition and financing of a prime 1.6-acre site in East Edgewater for its newest venture, Tower 36. The transaction, financed by Cirrus Real Estate Partners, was purchased for approximately $53 million, and includes the acquisition of a three-parcel assemblage at 3601 Biscayne Blvd, 345, and 409 NE 36th Street, situated at the intersection of East Edgewater and Miami’s Design District.

Located at the crossroads of East Edgewater and Miami’s Design District and the gateway to Miami Beach, Midtown, Wynwood and Downtown. The planned and approved project has been designed by the internationally renowned architecture firm KPF Architects. The future Tower 36 project will be a transformative lifestyle-focused mixed-use development featuring branded residences, a variety of commercial and retail uses and will feature a private members club, multiple food and beverage offerings, wellness and recovery amenities, and a signature One Thousand Group rooftop helipad and heli-lounge similar to the one featured at the developer’s iconic One Thousand Museum project.

“This marks an exciting new chapter for Miami’s Edgewater neighborhood,” said Kevin Venger, co-founder of One Thousand Group. “Having developed in this area since 2005, our goal is to continue to contribute to its remarkable evolution. With its strategic location and seamless connectivity to the airport, Miami Beach, and surrounding neighborhoods, Edgewater is solidifying its place as one of Miami’s premier destinations.”

“Tower 36 represents a pivotal step in Edgewater's emergence as one of Miami’s most sought-after neighborhoods,” said Michael Konig, co-founder of One Thousand Group. “With its unmatched visibility, proximity to the Design District’s vibrant restaurants, seamless walkability to parks and retail, this location is perfectly positioned to set a new standard for mixed-use living in Miami.”

The project’s design is being led by KPF Architects, with Robert Whitlock and Lloyd Sigal spearheading the creative vision. Known for their innovative approach to urban architecture, KPF is introducing sustainable design elements, state-of-the-art technology, and walkability features that seamlessly connect the project to the vibrant cultural fabric of Miami. Sustainable and wellness-focused design with branded residences and transient options.

“Working with internationally acclaimed Architects such as KPF to design our latest Miami tower aligns with our company's vision for developing unique and innovative buildings that will exemplify not only design excellence, but will be sustainable, and on the leading edge of technology,” noted Louis Birdman, co-founder of One Thousand Group.

One Thousand Group is a team of seasoned visionary real estate developers led by Co-Founders Louis Birdman, Kevin Venger and Michael Konig. With a collective portfolio including their recent development, Villa Miami, a Major Food Group branded residence currently under construction and located in the Edgewater area along with an established list of completed projects including the iconic One Thousand Museum, Ten Museum Park, Regalia on the Ocean, Paramount on the Bay in Edgewater, Emerald Brickell, and other real estate development projects, the group touts a delivered value in excess of $8 billion comprising nearly 20,000 residential units and in excess of 10 million built square feet of residential and commercial development. The group’s primary focus is to conceptualize, create and execute unique luxury real estate development opportunities. One Thousand Group seeks out challenging projects, creating value from their experience while providing innovative solutions to complex development projects.

Renderings via KPF Architects / One Thousand Group

Terra, One Thousand Group and Major Food Group Break Ground on Villa Miami in Edgewater

Terra, led by David Martin; One Thousand Group, led by Kevin Venger, Louis Birdman and Michael Konig; and Major Food Group Co-Founders Jeff Zalaznick, Mario Carbone, Rich Torrisi along with Miami partner Alex Pirez, celebrated the official groundbreaking of Villa Miami, a visionary luxury tower marking the first condominium branded by the renowned hospitality brand. Uniting some of the most revered and respected legacy developers for the first time, the 650-foot tower is set to rise above East Edgewater's exclusive bayfront. The copper-clad, 56-story masterpiece introduces a limited collection of just 70 half- and full-floor residences, creating an unrivaled living experience rooted in service, cuisine and design.

“Our thesis for Villa Miami merges world-class design, culinary excellence and the finest living standards,” said David Martin, CEO of Terra. “This project elevates the luxury condo market while embracing a low-density approach that enhances exclusivity. With just 70 residences, Villa Miami offers our residents an elevated sense of privacy, allowing them to experience the feeling of 'homes in the sky' where the social spaces serve as natural extensions of their personal living spaces."

The project is being brought to life by Moss Construction, the award-winning firm behind Five Park Miami Beach, successfully delivered on schedule last month. Seawall work for Villa Miami started in September and the tower is slated for delivery in the fourth quarter of 2027.

“This groundbreaking marks a significant milestone in our entry into the luxury residential market,” said Jeff Zalaznick, Co-founder, Major Food Group. “Every aspect of this project reflects our shared vision and meticulous attention to detail. From the amenities and culinary offerings to the design elements and even the smallest touches, like bathroom sinks and kitchen finishes, our involvement has been deeply personal. This is more than just a building—it’s a celebration of MFG’s passion, precision and unmatched quality.”

Designed by ODP Architects, Villa Miami will serve as an architectural landmark within the East Edgewater neighborhood, offering direct access to Miami’s most coveted cultural, shopping and dining destinations, including the Miami Design District, Wynwood and Midtown. With panoramic views of Biscayne Bay and Miami Beach, the residences provide unparalleled connectivity to the city's vibrant energy, while being just minutes away from Miami Beach.

“We’re thrilled to break ground on Villa Miami with an extraordinary team of designers, architects, builders and partners,” said Kevin Venger of One Thousand Group. “Working with Vicky Charles and Kurt Dannwolf at One Thousand Museum, redefined Miami’s ultra-luxury condo landscape and architectural skyline. Now, we’re excited to collaborate with both of them to create another landmark that will elevate the Edgewater neighborhood and Biscayne Bay.”

At the heart of Villa Miami lies the creative genius of Major Food Group, the driving force behind globally renowned destinations like CARBONE, ZZ’s Club and Dirty French, which has redefined Miami’s culinary landscape. MFG’s first-ever residential project delivers an unmatched hospitality experience, expertly curating resident-only amenities that embody the group's signature style of luxurious decadence and white-glove service.

The result is The Copper Club, an exclusive three-floor private club for residents that comprises the building’s entire amenity suite and creates a curated lifestyle. The club boasts private dining rooms, lounges, a screening room, a hair salon and more, while the rooftop helipad and lounge, elevated pool deck, yacht club and wellness facilities complete MFG’s first residents-only club offering. Adding to the allure, Villa Miami will be home to a new MFG waterfront restaurant on the ground floor, where residents will enjoy priority seating.

Setting a new benchmark in interior design, Villa Miami is the first foray into a collaboration between hospitality geniuses Major Food Group and interior designer Vicky Charles of Charles & Co. who collaborated closely to perfect the residential and hospitality environments. Villa Miami marks Charles' debut Miami condominium project, renowned for her exceptional work with A-list celebrity clients and bespoke estates across the globe. Drawing inspiration from mid-century Italian villas, the flow of the bay outside and Miami’s colorful energy. The interiors flow with warm woods, curving furniture and ambient lighting.

Developers Terra, led by David Martin, and One Thousand Group are behind some of the city’s most iconic residential towers, from recently delivered Five Park Miami Beach and Mr. C Residences Coconut Grove to One Thousand Museum by Zaha Hadid.

Renderings via Binyan Studios

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