Riviera Dining Group to Debut HONŌ Japanese Steakhouse and Lounge at E11EVEN® Club Hotel & Residences Miami
Riviera Dining Group (RDG), the hospitality group behind some of Miami’s most sought-after dining destinations, is set to debut HONŌ, a new modern Japanese steakhouse, lounge and rooftop set to debut later this year at E11EVEN® Club Hotel & Residences Miami, the first tower of an ultra-luxury, dual-tower development by PMG and E11EVEN Partners.
Riviera Dining Group (RDG), the hospitality group behind some of Miami’s most sought-after dining destinations, is set to debut HONŌ, a new modern Japanese steakhouse, lounge and rooftop set to debut later this year at E11EVEN® Club Hotel & Residences Miami, the first tower of an ultra-luxury, dual-tower development by PMG and E11EVEN Partners in Downtown Miami’s Park West district. HONŌ will introduce a refined rooftop dining and nightlife experience, marking the debut of a new flagship concept within RDG’s growing portfolio.
“With HONŌ, we are introducing a new concept that reflects the continued evolution of Riviera Dining Group and our vision for experiential hospitality,” said Gregory Galy, Founder and CEO of Riviera Dining Group. “We’re focused on creating destinations where dining, design, music, and atmosphere come together in a meaningful way, and HONŌ represents an exciting next chapter for us in Miami.”
HONŌ unfolds across three distinct settings, each with its own identity and energy. The second floor is anchored by the restaurant and lounge, where a refined, fire-driven menu highlights premium meats prepared over open flame alongside a dynamic, music-led atmosphere. Above, the rooftop introduces a vibrant open-air setting with sweeping panoramic views from South Beach to Brickell and Coral Gables.
“When we partnered with Riviera Dining Group a few years ago, we knew they were capable of not just delivering outstanding culinary concepts, but really tailoring each venue to deliver something new while still emphasizing the best of its neighborhood,” said Ryan Shear, Managing Partner at PMG. “HONŌ firmly represents that commitment, bringing with it the world-class vibrancy residents at E11EVEN® Club Hotel & Residences will expect within its distinctive caliber of hospitality. We’re proud to welcome it as yet another spectacular component of this first-of-its-kind destination.”
Riviera Dining Group is known for operating some of Florida’s most exciting and experiential hospitality concepts including Miami hotspots MILA, CLAUDIE, CASA NEOS, and AVA MediterrAegean in Coconut Grove and Winter Park as well as members-only MM concept. The firm’s next venture with HONŌ underscores RDG’s deliberate growth in Miami and its continued leadership in shaping immersive dining and nightlife experiences.
“As Miami’s premier entertainment district, Park West has consistently pushed forward with a premium, experience-driven vision, seeking out elite dining and nightlife opportunities to extend to its residents,” said Michael Simkins, Co-Founder of E11EVEN Partners. “The debut of HONŌ within E11EVEN® Club Hotel & Residences reflects this mindset. We’re excited for HONŌ to join this incredible lineup and continue the dynamic energy fueling this area’s growth.”
Centrally located in Downtown Miami’s Park West neighborhood, E11EVEN® Club Hotel & Residences Miami offers a first-of-its-kind, resort-style, entertainment-driven experience and destination designed by internationally renowned Sieger Suarez Architects with interiors by award-winning design firm AvroKO. Amenities for E11EVEN® Club Hotel & Residences include a world-class Sanctuary Spa & Studio, a casino-style sports lounge, a world-class med spa, a rooftop lounge, and an E11EVEN day club and pool on the 11th floor.
E11EVEN® Club Hotel & Residences Miami initiated residential closings earlier this year. E11EVEN® Club Residences Beyond, which is slated for completion in 2027, is 99% sold.
Past PROFILEmiami articles about E11EVEN® Club Hotel & Residences Miami and Riviera Dining Group:
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Development Spotlight: PROFILE Exclusive Interview with Daniel de la Vega [Live on YouTube]
On Wednesday March 11, 2026, PROFILEmiami Co-Founder Demetri Demascus sat down with Daniel de la Vega, President & CEO of ONE Sotheby's International Realty, for a live PROFILE Development Spotlight live interview at the Oasis Hallandale sales gallery to celebrate the newly topped-off towers.
On Wednesday March 11, 2026, PROFILEmiami Co-Founder Demetri Demascus sat down with Daniel de la Vega, President & CEO of ONE Sotheby's International Realty, for a live PROFILE Development Spotlight live interview at the Oasis Hallandale sales gallery to celebrate the newly topped-off towers. The in-depth conversation centered on the evolution of new development sales and what’s next for one of the most dominant luxury real estate platforms on Florida’s East Coast.
Filmed at the sales center for Oasis Hallandale, this interview takes place during an exclusive broker event celebrating the project’s top-off—marking a major milestone for one of South Florida’s most anticipated mixed-use destinations.
Spanning approximately 10 acres in the heart of Hallandale Beach, Oasis Hallandale is a transformative live-work-play environment set to redefine the area with a dynamic blend of luxury residential towers, curated retail, Class A office space, hospitality-driven amenities, and thoughtfully designed public spaces. Positioned between Miami and Fort Lauderdale, the project is emerging as a new hub for both end-users and investors seeking lifestyle-driven development outside of the urban core.
From helping scale ONE Sotheby’s International Realty into a nearly $10 billion annual sales powerhouse, Daniel shares insights on:
The evolution of development sales strategy in today’s market
How brokerage platforms are driving sales velocity and absorption
The importance of broker engagement and global reach
The synergy between resale and new development
How integrated services are creating stronger outcomes for developers and buyers
The growth of Hallandale Beach and the Oasis Hallandale Development
The conversation also dives into the firm’s expanding development pipeline, Daniel’s leadership journey, and how ONE Sotheby’s continues to position itself at the forefront of South Florida’s rapidly evolving real estate landscape.
PROFILE Development Spotlight is an original interview series by PROFILEmiami that takes viewers inside South Florida’s most notable real estate projects, connecting directly with the developers, sales leaders, architects, and visionaries shaping the region’s skyline. Filmed on-site at active developments and sales galleries, each feature delivers a behind-the-scenes look at project positioning, design, sales strategy, and market insights—offering both industry professionals and investors a deeper understanding of what’s driving demand, absorption, and long-term value. Designed to amplify exposure, engage the broker community, and support sales momentum from launch through sell-out, Development Spotlight serves as a powerful platform at the intersection of media, marketing, and new development sales.
About Oasis Hallandale
One of the largest and most ambitious developments in Hallandale Beach, Oasis Hallandale is a new, transformative 10-acre mixed-use destination offering a multi-block district of residences, shops, restaurants, urban parks, and offices. Designed by Bernardo Fort-Brescia of Arquitectonica, Oasis Hallandale is a pedestrian-friendly city center to the city of Hallandale Beach located at 1000 E Hallandale Beach Blvd.
Oasis Hallandale will combine a live, work, and play lifestyle and community with boating, the nearby beaches, Gulfstream Park, the Hollywood Beach Boardwalk, Aventura Mall, Seminole Hard Rock Hotel & Casino, and the Fort Lauderdale-Hollywood International Airport all in one prime location.
The residential portion will be made up of 500 multifamily units in two 25-story residential towers. The West Tower is nearing completion with projected delivery in early 2026, while the East Tower is advancing toward full completion in 2027. Pricing for available units ranges from approximately 900 to 4,750 square feet, priced from $750,000 to $5.02 million. Homes feature floor-to-ceiling glass, expansive balconies, open-concept layouts, and imported Italian finishes.
Residents will have access to a six-level, 70,000-square-foot amenity deck, one of the most expansive in the submarket, featuring resort-style pools, wellness and fitness facilities, coworking spaces, entertainment lounges, and family recreation areas.
Unlike standalone residential towers, Oasis Hallandale is already anchored by a fully operational commercial district comprising 60,000 square feet of retail and dining and 35,000 square feet of office space across five buildings. Tenants including KC Market, Davinci Café, Oasis Fit, Oasis Dental, Delice Med Spa, and Elve Luxury are active on site, establishing a true live-work-play environment.
Images via Oasis Hallandale
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Swire Properties Implodes Mandarin Oriental Hotel on Brickell Key Paving The Way For The Residences at Mandarin Oriental, Miami
Miami’s Brickell Key is entering a new era with The Residences at Mandarin Oriental, Miami, an ultra-luxury development comprising private residences and a new hotel, following the successful demolition of the building that housed the city’s former Mandarin Oriental Hotel.
Miami’s Brickell Key is entering a new era with The Residences at Mandarin Oriental, Miami, an ultra-luxury development comprising private residences and a new hotel, following the successful demolition of the building that housed the city’s former Mandarin Oriental Hotel. The milestone marks a significant step forward for the new development, which has achieved $1.3 billion in residential sales – including last month’s record-breaking dual penthouse sales totaling $100 million – ahead of groundbreaking later this year.
“Mandarin Oriental has been a defining part of Brickell Key for more than two decades, and the brand’s legacy will live on with the development of two towers set to transform residential living and hospitality in Miami,” said Dave Martin, President of Swire Properties. “With demolition now behind us, our team is eager to get going with vertical construction as we entertain buyers from across the U.S. and around the world.”
The controlled-implosion of the 23-story hotel and its adjacent six-story parking structure took place in a matter of seconds on the morning of Sunday, April 12th, clearing the site for The Residences at Mandarin Oriental, Miami, which will feature 228 private residences in the South Tower and 70 private residences, 28 turnkey hotel collection residences, and what is destined to be the brand’s new North America flagship hotel with 121 keys in the North Tower.
The existing structure came down in a controlled manner as part of a carefully orchestrated demolition process that required nearly two years of planning and coordination among specialized experts – including The BG Group LLC, Controlled Demolition Inc., and Moss Construction – working in collaboration with the City of Miami.
See PROFILEmiami video coverage of the implosion:
At the start of 2025, Swire Properties launched a comprehensive community outreach and safety initiative to support the implosion process. This included more than 30 meetings with Brickell Key residents and the broader Brickell community, distribution of protective materials to neighboring buildings, and detailed safety guidance for nearby residential, commercial, and restaurant operators. On-site measures included the installation of perimeter container walls and temporary barges, as well as the deployment of vibration and air quality monitors across Brickell Key. In addition, Swire and its team of experts conducted a pre-implosion survey of Biscayne Bay, which will be compared against post-implosion findings to ensure the marine environment remains unaffected.
Crews will now undertake a debris removal process from the site that will last up to six months, with material set to be cleared from the site in a tightly choreographed manner. Preparations for groundbreaking are underway, with the groundbreaking ceremony expected to take place later this year. Construction is expected to last approximately four years, with delivery anticipated in 2030.
Renderings via RMOMIA, Tower Rendering via Binyan Studios
Past PROFILEmiami articles about The Residences at Mandarin Oriental, Miami:
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BI Group USA Breaks Ground on Amenity-Driven, Wellness-Designed Parkside Residences in Brickell
BI Group USA, the North American arm of Central Asia’s largest developer, BI Group, has broken ground on the Kobi Karp-designed Parkside Residences at Brickell, its highly anticipated, wellness-focused residential project.
BI Group USA, the North American arm of Central Asia’s largest developer, BI Group, has broken ground on the Kobi Karp-designed Parkside Residences at Brickell, its highly anticipated, wellness-focused residential project.
The now-under-construction condominium, located at 1741 SW 2nd Ave., is an eight-story, 187-unit residential development positioned in the heart of Brickell, one of the fastest-growing and most dynamic urban neighborhoods in the country.
The milestone was commemorated with a morning ceremony at the project site featuring live music, curated hors d'oeuvres and drinks. Guests enjoyed a preview of the development’s updated wellness-focused design and amenities through an interactive gallery wall and word search game where they had the chance to win premium prizes.
Olzhas Ayazbayev, CEO of BI Group USA, Daniel de la Vega, President of ONE Sotheby’s International Realty, Luis Leon, President of Winmar Construction, and the morning’ special guest, Aman Omarov, CEO of BI Group International, all spoke to the vision and dedication behind the BI Group’s first U.S. project.
“Parkside isn’t just a response to Miami’s growth, it’s a statement about where global urban living is going next,” said Olzhas Ayazbayev, CEO of BI Group USA. “As Brickell emerges as a true live-work-play neighborhood, we combine over 30 years of global expertise with local insight to create communities like Parkside that foster happiness and support this focus shift to wellness, connection and seamless living.”
The groundbreaking follows the unveiling of Parkside’s recently enhanced amenity offerings. Designed to reflect the continued evolution of urban living in Miami, wellness, convenience and connectivity are becoming central to the Parkside residential experience.
Designed by nationally acclaimed architect Kobi Karp, Parkside reflects a broader shift in buyer demand toward more intentional, experience-driven living. The development integrates fitness, wellness, social and workspaces into a cohesive residential environment, allowing residents to live, recharge and connect without leaving the building.
“We’re seeing a clear shift in the market where amenities are no longer an added benefit, but a deciding factor,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “Today’s buyers value convenience, wellness and social experience as much as location, and Parkside is designed to deliver that in a meaningful and elevated way.”
Key development amenities include a rooftop pool deck and lounge with panoramic views of Brickell, a Technogym-equipped fitness center and cycling studio, dedicated yoga and mindfulness spaces, a full spa and wellness circuit with hot and cold plunge pools, coworking lounges, and lifestyle-driven amenities such as EV charging and pet-friendly features.
Parkside’s architecture emphasizes openness, natural light and a strong connection to the surrounding environment. Expansive balconies, integrated greenery and a contemporary architectural palette create a modern residential experience that reflects Brickell’s energy while offering a sense of retreat.
Winmar Construction will lead the construction of the project, bringing decades of experience in delivering high-quality residential, hospitality and commercial developments across the region.
“Project like Parkside demand both precision and adaptability, as they’re ultimately defined by how well they’re built,” said Luis Leon, President of Winmar Construction. “With our experience in complex, dense urban development environments, we are excited to bring this project to life and ensure it is built with the craftsmanship and attention to detail that it deserves.”
Parkside residences will feature modern finishes, furnished layouts, enlarged windows and thoughtfully designed interiors by 2ID Interiors that enhance comfort and functionality. Units are expected to start from the low $400,000s.
Construction will begin immediately following the groundbreaking, with completion anticipated in Q2 2028.
Past PROFILEmiami articles about Parkside Residences Brickell:
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Miami Worldcenter Associates Sells Development's Retail and Entertainment District to Falcone Group and Partners For $210 Million
Miami Worldcenter Associates has sold Miami Worldcenter’s 27-acre retail and entertainment district to a venture comprised of affiliates of the Falcone Group, ROK Acquisitions, Andrew Mirmelli, The Davis Companies (Davis) and Jamestown for $210 million. The district features 300,000 square feet of retail, dining and entertainment businesses, approximately 2,000 parking spaces, and 100,000 square feet of parks and plazas.
Miami Worldcenter Associates has sold Miami Worldcenter’s 27-acre retail and entertainment district to a venture comprised of affiliates of the Falcone Group, ROK Acquisitions, Andrew Mirmelli, The Davis Companies (Davis) and Jamestown for $210 million. The district features 300,000 square feet of retail, dining and entertainment businesses, approximately 2,000 parking spaces, and 100,000 square feet of parks and plazas. Miami Worldcenter, a $6 billion mixed-use development, is one of the largest in the U.S. and has activated Downtown Miami with global retail and dining brands, residential towers, hotel options, and new public spaces. Under the new ownership structure, Falcone Group will serve as General Partner responsible for day-to-day operations, joined by ROK Acquisitions and Andrew Mirmelli, with Davis and Jamestown serving as Limited Partners.
Miami Worldcenter’s journey began two decades ago with the assemblage of more than 30 parcels in Miami’s Park West neighborhood and in 2011 the current Miami Worldcenter Associates partnership was formed with Falcone Group, Nitin Motwani and CIM Group. Miami Worldcenter Associates has led the project’s construction in tandem with best-in-class developers from across the country. Along the way, Miami Worldcenter has catalyzed the revitalization of Downtown Miami, with billions in private sector investment pouring into the surrounding district and more than 100,000 residents now calling the neighborhood home.
The following properties are included in the transaction:
Block H Garage – 644 NE 2nd Avenue (922 parking spaces)
Block H Retail – 652 NE 2nd Avenue
Block F West – 725 NE 1st Avenue (including the Apple store at 100 NE 8th Street)
Block F East – 150 NE 8th Street
Block D East Retail – 850 NE 2nd Avenue
Block D East Garage – 888 NE 2nd Avenue (1,100 parking spaces)
Block CD West – 851 NE 1st Avenue
“The coming to life of Miami Worldcenter has been a two-decade journey that began with the belief that Downtown Miami was poised to become a true global destination. What was once a stretch of vacant lots is now a vibrant, walkable neighborhood that reflects the energy, diversity, and ambition of our city. When CIM Group joined the partnership it provided momentum, enabling the team to realize our shared vision for Miami Worldcenter, and as the new owners, we’re committed to sustaining the property’s success well into the future,” said Falcone Group CEO and Miami Worldcenter Associates Founding Partner Art Falcone.
“When CIM Group team members first visited the Miami Worldcenter development site, it was collection of overgrown dirt plots and underutilized structures—but it was clear that this was a premier location with potential for a thoughtfully designed mixed-use development,” said Shaul Kuba, Co-Founder and Principal, CIM Group. “CIM Group joined Art Falcone and Nitin Motwani in a shared vision to create a dynamic, game-changing destination that has been realized as Miami Worldcenter.
The Davis Companies’ involvement reflects a shared conviction in Miami Worldcenter’s strong foundation, long-term potential, and next phase of growth. By combining continuity of vision with additional institutional capital, strategic oversight, and operational discipline, the partnership is well positioned to build on the project’s early success and thoughtfully execute the next phase of leasing, activation, and customer experience initiatives that will further elevate both performance and placemaking.
Davis, a Boston-based investment, development and real estate fund management company that is celebrating its 50th anniversary in 2026, is making this investment in Miami Worldcenter as the firm expands its portfolio of transformational projects turning underused underutilized space into vibrant mixed-use destinations.
“Miami Worldcenter is recognized nationally for its evolution from parking lots, low rise industrial buildings and undeveloped space to an entirely new district within a city, creating endless opportunities for residents to live, shop and socialize all in one neighborhood,” said Jerry Murphy, Managing Director of Investments at Davis. “This partnership with Falcone and Jamestown will unlock new potential for the site’s retail components as it enters its next chapter. Davis is thrilled to expand our South Florida portfolio and to be part of a project redefining the urban landscape in the vibrant and dynamic Downtown Miami area.”
Home to an array of shopping, dining, entertainment options set alongside thousands of residences and hotel rooms, Miami Worldcenter is a master-planned development which features 300,000 square feet of retail, $100 million in privately built infrastructure, 100,000 square feet of public space, a $5 million collection of public artworks, and more than 16 residential and hospitality towers – many of which are already completed or underway.
“More than a master-planned development, Miami Worldcenter is a true city within a city that has transformed Downtown Miami with top retail brands and food and beverage operators from around the world. Bringing it all together is an amazing network of public spaces that are bringing our community together every day. This would not have been possible without the foresight of Falcone Group and CIM Group, which understood the potential for this neighborhood long before anyone else,” said longtime Miami Worldcenter Associates Managing Partner Nitin Motwani.
The first phase of retail development was completed and opened in early 2025 and is now home to an array of global brands – including a flagship Apple store, Sephora, Lululemon, Ray-Ban, Lucid Motors, Free People, Savage X Fenty, Posman Books, HŸP Sneakers & Streetwear, Timeluxe, Openbank by Santander, SkinSpirit, Blo Blow Dry Bar, and Club Studio.
Miami Worldcenter’s food and beverage offerings include Maple & Ash, Eight Bar, Sixty Vines, Earls Kitchen + Bar, Sweet Paris Crêperie & Café, and Starbucks, and local favorites including Serafina, and Go Greek Yogurt. Entertainment destinations include Lucky Strike Bowling and the immersive Museum of Ice Cream.
Supporting Miami Worldcenter’s retail tenants are several residential towers which bring a built-in population that have been developed by notable owners such as of Related Group, Naftali Group, Witkoff, Adam Neumann’s Flow, Merrimac Ventures, Aria Development Group, Lalezarian Properties, Falcone Group, Abbhi Captial, and Lynd Group. On the hospitality front, the citizenM Miami Worldcenter hotel is now open, with additional hotel concepts set to debut in future phases.
Complementing these commercial and residential offerings is convenient access to rail, road, and pedestrian connections, with Miami Worldcenter standing as South Florida’s premier transit-oriented development. Located adjacent to Brightline’s MiamiCentral Station – a high-speed rail hub linking Downtown Miami to major cities across Florida – the development is also seamlessly connected to Tri-Rail, Metrorail, Metromover, and the Brickell/Biscayne trolley systems, ensuring effortless regional mobility.
Images via Miami Worldcenter and Blue Water Drones
Past PROFILEmiami articles about Miami Worldcenter:
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BI Group Reveals Wellness-Focused Amenities At Parkside Brickell
BI Group USA, the North American arm of Central Asia’s largest developer, has revealed a fully reimagined set of amenities at its Parkside development, setting a new standard for urban living in Brickell. Integrating fitness, relaxation and social interaction, the enhancements are designed to create a holistic wellness and lifestyle experience.
BI Group USA, the North American arm of Central Asia’s largest developer, has revealed a fully reimagined set of amenities at its Parkside development, setting a new standard for urban living in Brickell. Integrating fitness, relaxation and social interaction, the enhancements are designed to create a holistic wellness and lifestyle experience that reflects both the vibrancy of the city and the needs of today’s residents.
In one of the country’s most competitive and design-forward markets, Parkside is intentionally positioned to reflect the growing demand for holistic urban living, where residents seek environments that support not only where they live, but how they live.
Key amenities upgrades include:
Rooftop Pool Deck & Lounge – expanded outdoor pool deck with lounge areas, a rooftop bar and a dedicated BBQ kitchen, offering panoramic views of Brickell.
State-of-the-Art Fitness Center & Cycling studio – outfitted with premium Technogym cardio and strength equipment, including bikes for group classes and private lessons.
Yoga & Mindfulness Room – dedicated space supporting wellness, meditation and mindful living, complemented by a second-floor Zen Garden for added relaxation.
Spa & Wellness Circuit – enhanced spa area with steam room, sauna, hot and cold plunge pools and a salt relaxation zone, providing a full wellness experience.
Coworking Lounges & Guest Spaces – flexible workspaces including private conference rooms and a guest lounge, alongside a healthy snack bar offering fresh, wellness-oriented products.
Lifestyle-Driven Additions – EV charging stations, pet-friendly amenities, attended front desk and secure package room.
“By expanding our wellness, social and workspaces, we’re creating a community where residents can live, recharge and connect, all without leaving the building,” said Olzhas Ayazbayev, CEO of BI Group USA. “Thoughtfully designed, all-in-one environments are setting the new standard in Miami, streamlining daily life while elevating the overall living experience.”
“We’re seeing a clear shift in the market where amenities are no longer an added benefit, but a deciding factor,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “Today’s buyers value convenience, wellness and social experience as much as location, and Parkside’s amenity offerings reflect that evolution, positioning it strongly within Brickell’s competitive landscape.”
Parkside is an eight-story, 187-unit residential development located at 1741 SW 2nd Ave. in the heart of Brickell. Designed by nationally acclaimed architect Kobi Karp, the building has been conceived to support a modern, wellness-oriented lifestyle within one of Miami’s most dynamic neighborhoods.
Complementing the amenity offerings, the property also features coworking spaces and thoughtfully designed residences starting from the low $400,000s.
Each residence is curated to enhance comfort and daily living, featuring modern finishes, furnished layouts, enlarged windows and strategically placed side facades that bring in abundant natural light. Ground-level natural limestone provides a refined, premium base to the development, while upper floors showcase a light, contemporary palette that complements the building’s wellness-focused amenities.
The building’s updated architectural vision reflects this shift toward wellness-oriented living, emphasizing openness and a stronger connection to the surrounding environment. The refreshed exterior introduces expansive balconies with park-facing views and integrated greenery, creating a lighter, more contemporary residential aesthetic that enhances the indoor-outdoor experience and forms an urban oasis in the heart of Brickell.
Parkside will begin construction in April, with completion anticipated for Q2 2028.
Past PROFILEmiami articles about Parkside Brickell:
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Kasumigaseki Capital Launches First Project in the United States at Miami Worldcenter
Kasumigaseki Capital Co., Ltd. (headquarters: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Koshiro Komoto; “KC”) announced that it has established a subsidiary in the United States, Kasumigaseki Florida LLC (headquarters: Florida), and commenced business in Miami.
Kasumigaseki Capital Co., Ltd. (headquarters: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Koshiro Komoto; “KC”) announced that it has established a subsidiary in the United States, Kasumigaseki Florida LLC (headquarters: Florida), and commenced business in Miami. Tatsuo Higuchi will serve as President of Kasumigaseki Florida LLC.
“Entering the Miami market represents a natural next step in our company’s expansion to the U.S. The area’s diverse population and international appeal as a major tourist destination complement our existing hotel business,” said Tatsuo. “We see this move as a tremendous opportunity to be part of Miami as a world-class destination, and we look forward to collaborating with local partners to contribute to Miami Worldcenter’s continued evolution.”
KC also announced that for its first project in the U.S., the company has executed the sale and purchase agreement for a highly coveted parcel at Miami Worldcenter and has acquired the development site for BLOCK C EAST for $89 million. Kasumigaseki Capital will introduce a mixed-use development project centered on hotels and residences located at 155 NE 10th Street in downtown Miami.
“It is a tremendous honor to welcome Kasumigaseki Capital to the Miami Worldcenter family,” said Alfonso Costa Jr., Chief Operating Officer of Falcone Group. “In our role as master developer, we are proud to support the company throughout its emergence into the U.S. real estate market as it embarks upon this exciting project.”
KC is engaged in developing hotels to help make Japan an even more attractive tourist destination and to support regional revitalization. KC operates a nationwide portfolio of hotel brands, including the hotel brands for group guests, “fav”, “FAV LUX”, “edit x seven”, and “seven x seven”, as well as the culture business hotel brand “BASE LAYER HOTEL”, handling everything from planning and development to operations in-house.
Tatsuo joined KC’s Real Estate and Development Division in 2020, where he has led site acquisition and project management operations in the hotel business. He was appointed to the board in 2025. Tatsuo’s background includes promoting housing developments, large-scale land development projects, the acquisition of development sites, corporate sales, tenant leasing for office buildings, and other operations at a leading developer.
As part of its strategic global expansion, KC is actively bringing its deep expertise and institutional capital to dynamic international markets, including South Florida. Going forward, KC will steadily expand its business in the U.S. while also considering expansion into other countries, aiming to achieve further growth for the company.
Rendering via Kasumigaseki Capital
Past PROFILEmiami articles about Miami Worldcenter:
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UNFRAMED, Autograph Collection Set To Open In Miami Beach This April With Signature Coastal French Rooftop Concept
Poised to redefine the South Beach hospitality scene, UNFRAMED, Autograph Collection opened April 1 at 1685 Washington Ave in Miami Beach. The hotel — characterized by its striking architectural presence, an expansive rooftop pool and signature coastal French rooftop restaurant. 149 stylish guest rooms with balconies and outdoor terraces, and prime location in mid-South Beach — represents the first premium, lifestyle property to open in the last decade on Washington Avenue.
Poised to redefine the South Beach hospitality scene, UNFRAMED, Autograph Collection opened April 1, at 1685 Washington Ave in Miami Beach. The hotel — characterized by its striking architectural presence, an expansive rooftop pool and signature coastal French rooftop restaurant which will open in May. 149 stylish guest rooms with balconies and outdoor terraces, and prime location in mid-South Beach — represents the first premium, lifestyle property to open in the last decade on Washington Avenue, leading the neighborhood's redevelopment in the heart of Miami Beach. The hotel is owned and developed by Finvarb Group, led by Ronny Finvarb, in partnership with JAJ Investment Group. The iconic exterior designed by French architect Rudy Ricciotti and vibrant, sophisticated interiors by celebrated designer Gulla Jónsdóttir.
"At UNFRAMED, Autograph Collection, we aim to set the standard for effortless sophistication and refined hospitality, inviting our guests to enjoy a smart, definitive new perspective on Miami Beach," says General Manager Alexina Beauperthuy. "Our city has evolved over the years into a globally recognized hub of creativity, arts, and culture, and we look forward to offering visitors an experience truly immersed in the vibrant energy of Miami Beach."
"At UNFRAMED, Autograph Collection, we aim to set the standard for effortless sophistication and refined hospitality, inviting our guests to enjoy a smart, definitive new perspective on Miami Beach," says General Manager Alexina Beauperthuy.
UNFRAMED joins Marriott's Autograph Collection portfolio, a collection of hand-selected hotels, ranging from boutique to luxury, each offering a unique perspective on design, craft, and hospitality.
In a city colored by pastel Art Deco facades, UNFRAMED, Autograph Collection brings its own unmistakable visual identity to South Beach. From the exterior, the hotel's signature undulating white curves create a compelling fluidity and pay homage to the sensuality of the French Riviera, as designed by acclaimed architect Rudy Ricciotti. Inside, the vitality of Miami Beach comes alive under the artistic vision of celebrated interior designer Gulla Jónsdóttir. Guests will find layered elements of smooth stone, brushed metal, and luxurious fabrics throughout the hotel, creating an aesthetic that blends tropical modernism and South American flair.
Upon entering the lobby, guests are greeted by sleek, curvilinear shapes, organic lines, and textured surfaces designed to reflect Miami's natural beauty — starting with a bold walnut and bronze entry door from the porte-cochere and a bespoke, sculptural reception desk, two grand seating areas, a striking bronze fireplace, intimate six-seat bar, and a centerpiece chandelier by Parisian designer Mathieu Lehanneur.
On the upper floors, the hotel's accommodations include primarily king rooms with a selection of double queen rooms and the premium UNFRAMED presidential suite, a singular offering spanning more than 700 square feet. All guest rooms enjoy either a private balcony or garden terrace with eco-terrazzo flooring and rattan furnishings, and most offer partial ocean views with large windows that create a seamless sense of indoor to outdoor living.
Within the guest rooms, custom velvet beds and bespoke furniture anchor the space. Soft pink and deep rust tones deliver a sense of warmth and sanctuary that complement the rooms' wood cabinetry and offer an interesting counterpoint to the micro-cement showers and Calacatta Viola marble vanities in the bathrooms.
The fourth floor atrium courtyard is a verdant retreat visible from guest room hallways. Open to the sky, it features lush greenery, slate grey water features, and intimate seating areas, perfect for enjoying breakfast, tea, or evening drinks in a tranquil, airy environment. The rooftop features an expansive pool with ocean views and a signature coastal French concept restaurant which will open in May.
With a curated mix of indoor and outdoor venues, UNFRAMED, Autograph Collection offers a stunning backdrop for intimate events of up to 100 guests. Designed to elevate executive meetings, social gatherings, wedding celebrations, and everything in between, UNFRAMED, Autograph Collection combines versatile spaces — including a rooftop pool terrace with panoramic views of the city and ocean, a lush open-air atrium on the hotel's fourth floor, and the first floor Soundscape room — with tailored, chef-curated menus and attentive hospitality. In addition, the hotel's strong partnerships with nearby Soundscape Park and the Miami Beach Convention Center allow for a seamless meetings and events experience.
Situated at the corner of Washington Avenue and 17th Street, UNFRAMED, Autograph Collection is ideally positioned at the literal and figurative heart of Miami Beach's cultural district. Just steps away from the Frank Gehry-designed New World Symphony Center and Soundscape Park, The Fillmore Miami Beach at Jackie Gleason Theatre, The Bass Museum of Art, and more, UNFRAMED, Autograph Collection offers guests a front row seat to the city's magnetic creative landscape. For visitors arriving from farther afield, the hotel is a short, 20-minute drive from Miami International Airport, and easily accessible to other must-visit areas in the destination, including Wynwood, the Design District, and downtown Miami.
Follow UNFRAMED, Autograph Collection (@unframedmiamibeach) and Finvarb Group (@finvarbgroup) on Instagram.
Images via UNFRAMED, Autograph Collection
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Swire Properties' The Residences at Mandarin Oriental, Miami Completes Two Record-Setting Penthouse Sales Totaling Nearly $100 Million
Swire Properties has announced the sale of its two crown jewel penthouses at The Residences at Mandarin Oriental, Miami, each at a record setting $49.9 million. Sold to separate buyers within two weeks of each other, the nearly $100 million in combined sales – approximately $6,300 per sq. ft. – mark the highest-priced condominium transactions in mainland Miami history.
Swire Properties has announced the sale of its two crown jewel penthouses at The Residences at Mandarin Oriental, Miami, each at a record setting $49.9 million. Sold to separate buyers within two weeks of each other, the nearly $100 million in combined sales – approximately $6,300 per sq. ft. – mark the highest-priced condominium transactions in mainland Miami history and underscore sustained demand for the world-class enclave.
With these transactions, The Residences at Mandarin Oriental, Miami has surpassed $1.3 billion in total sales across its two towers, with February alone generating more than $90 million in sales. Pre-development work remains ahead of schedule, with groundbreaking anticipated in late 2026
“The record-setting sales of our two penthouses are a defining moment for The Residences at Mandarin Oriental, Miami and a testament to the enduring confidence in Swire Properties’ legacy on Brickell Key,” said Dave Martin, incoming President of Swire Properties Inc. “Setting a new benchmark for ultra-luxury living with the highest price per square foot ever achieved in mainland Miami, these sales affirm Miami’s status as a global destination and the strength of the Mandarin Oriental brand among discerning buyers who value timeless elegance and world-class service.”
Two penthouse sales prior to groundbreaking are an extraordinary achievement in the luxury residential market, affirming the enduring appeal and unmatched stature of The Residences at Mandarin Oriental, Miami. The milestone reflects buyers’ confidence not only in the enduring prestige of the Mandarin Oriental brand and Swire Properties’ proven track record, but also in the vision of the project’s world-class design team, whose architectural, interior and landscaping expertise has resonated with the most sophisticated audience.
Located on Brickell Key, the exclusive island enclave developed by Swire Properties in the heart of Miami, each two-story penthouse encompasses nearly 8,000 square feet of interior living space atop the development’s 66-story South Tower. Combining the scale and privacy of a standalone estate with the service and ease of resort living, each residence features an expansive rooftop terrace integrated into its bi-level design, complete with a private lap pool, built-in bar, and panoramic views spanning Biscayne Bay, the Atlantic Ocean, and the Miami skyline.
Each penthouse includes five bedrooms, seven bathrooms, three powder rooms, and a library. Private elevators open into a grand entry foyer and expansive entertaining spaces. A gourmet Molteni&C kitchen with Gaggenau appliances is complemented by a separate chef’s kitchen. Additional features include a wine bar, sauna, staff quarters, and private storage adjacent to the residence.
“These milestone sales mark a significant moment for The Residences at Mandarin Oriental, Miami and reflect the extraordinary success the project has achieved since launch,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The sale of both penthouses speaks to the strong global demand for exceptional branded residences and highlights the momentum this landmark project continues to generate, not only in Miami, but across the new construction market.”
These penthouse sales are the latest signal that affluent buyers continue to gravitate toward Miami and South Florida. In 2025, the region’s ultra-luxury segment recorded one of its strongest years ever, with closings above $10 million reaching the second-highest total on record, according to the MIAMI Association of Realtors. Early 2026 activity indicates heightened demand from buyers relocating from high-tax states such as California and New York – with these dual penthouse transactions serving as a clear indicator of that sustained momentum.
Designed by globally renowned architecture firm Kohn Pedersen Fox (KPF), The Residences at Mandarin Oriental, Miami unfolds across two distinct towers. The 66-story South Tower is dedicated to 228 private residences, while the 33-story North Tower introduces 70 private residences, 28 turnkey Hotel Collection residences, and 121 hotel guest rooms – seamlessly integrating residential ownership with Mandarin Oriental’s signature hospitality.
The South Tower’s amenities and common spaces are envisioned by acclaimed Parisian designer Tristan Auer, bringing a refined, hospitality-driven sensibility to shared environments. The North Tower’s private residences are imagined by AD100 designer Laura Gonzalez, defined by warmth, craftsmanship, and richly layered detailing. Together, the interiors reflect the project’s dual-tower composition – each with its own character, unified by a shared standard of design excellence.
Floorplans range from two- to five-bedroom residences in the South Tower, while the North Tower offers two- to four-bedroom private residences alongside turnkey Hotel Collection residences. Homes are defined by floor-to-ceiling glass sliding doors, private elevators and entry lobbies, and expansive living areas that blur the line between indoor and outdoor living – all thoughtfully oriented to capture sweeping vistas of the ocean, bay and city skyline. Kitchens feature custom Italian cabinetry, state-of-the-art appliances, and natural stone countertops, while bathrooms are appointed with marble flooring, natural stone vanities, and private water closets in each primary suite. Optional infrared saunas are available in select residences.
Seamlessly connecting the North and South Towers is a 100,000-square-foot, multi-tiered, resort-style amenity podium serviced by Mandarin Oriental Hotel Group and defined by the brand’s legendary standards. Conceptualized by Thailand-based landscape architect SHMA, the lushly landscaped podium includes an immersive forest walk woven through verdant gardens.
The amenity collection includes two state-of-the-art fitness centers, 11 resort-style pools cascading across multiple levels with private cabanas, wellness cabanas for outdoor treatments, and dining pavilions with outdoor grills. Residents also enjoy warm and cold plunge pools, curated social lounges, a business lounge with private meeting rooms and conference suite, library and coffee bar, a multi-use sports court, game room with billiards and indoor golf simulator, private screening lounge, and a dedicated children’s club. Within the hotel, residents have access to Mandarin Oriental’s award-winning signature spa, globally recognized for treatments blending ancient healing traditions with modern luxury.
Pricing for the remaining South Tower residences begins at $6.6 million, with North Tower Residences starting at $3.9 million. Fortune Development Sales is exclusively managing sales for The Residences at Mandarin Oriental, Miami.
Renderings via RMOMIA, Tower Rendering via Binyan Studios
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Arbor Residences Achieves TCO in Coconut Grove As Sales Pass 70%
Arbor Residences, the 45-residence boutique condominium in Coconut Grove, has achieved Temporary Certificate of Occupancy (TCO), marking a major milestone for the family-led development as sales surpass 70%.
Arbor Residences, the 45-residence boutique condominium in Coconut Grove, has achieved Temporary Certificate of Occupancy (TCO), marking a major milestone for the family-led development as sales surpass 70%.
The milestone carries particular significance for the Kodsi family. Isaac Kodsi, the Miami developer and founder of Ark Capital Group, acquired Arbor out of foreclosure in 2023, returned buyers’ deposits, and restarted construction, restoring momentum to the stalled project. A longtime Coconut Grove resident, Isaac was deeply involved in the neighborhood and committed to its growth. He passed away unexpectedly in August 2025 while the building was nearing completion.
Today, development continues under the leadership of his daughter, Camilla Kodsi, who grew up in Coconut Grove and attended school in the neighborhood. Having worked alongside her father throughout the project, she has seen Arbor through final inspections and completion with the support of the Kodsi family. Camilla plans to continue her work as a developer in Miami, carrying forward both the Arbor vision and her father’s broader legacy at Ark Capital.
“Reaching TCO at Arbor is an incredibly meaningful milestone,” said Camilla Kodsi. “It was an honor to work alongside my father through every stage of the project, and I’m deeply grateful to the Arbor team whose dedication brought the building to completion. Having grown up and now living in Coconut Grove, it’s especially rewarding to contribute something lasting to a neighborhood that means so much to me. I look forward to continuing my work developing projects in Miami.”
Sandra Masis added, "Coconut Grove has always been one of Miami’s most special neighborhoods, and buyers can feel the care that went into Arbor,” she notes. “From the scale of the building to its walkable location steps from CocoWalk, the parks, and the Grove’s vibrant and growing dining scene, this is a place designed to fit seamlessly into the neighborhood and feel like home from day one.”
Designed by Behar & Font, Arbor Residences comprises 45 homes featuring high ceilings, floor-to-ceiling windows, natural wood finishes, Bosch appliances, and spacious layouts that complement the Grove’s tree-lined character. Amenities include a rooftop terrace, pool deck, fitness center, 24-hour concierge service, and valet.
Located just around the corner from Coconut Grove’s central corridor and CocoWalk, Arbor offers a residential oasis within one of Miami’s most established and walkable neighborhoods. Pricing on available homes begins at $1.7 million, with two-bedroom-plus-den and three-bedroom, two-bath residences currently available. Sandra Masis of Cervera Real Estate, who has overseen sales since the project’s revival, continues to lead sales and marketing as Arbor enters its final phase.
With TCO secured and move-ins approaching, Arbor Residences stands as a completed boutique development shaped by family stewardship and long-term commitment to Coconut Grove. Resident move-ins are slated for early spring 2026.
Images via World Red Eye
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Riviera Dining Group (RDG), the hospitality group behind some of Miami’s most sought-after dining destinations, is set to debut HONŌ, a new modern Japanese steakhouse, lounge and rooftop set to debut later this year at E11EVEN® Club Hotel & Residences Miami, the first tower of an ultra-luxury, dual-tower development by PMG and E11EVEN Partners.