Twenty-Nine Indian Creek Launches Sales Of Luxury Residences In The Faena District

JMH Development, a full-service development firm, has launched sales for Twenty-Nine Indian Creek, a landmark residential project redefining luxury living in one of Miami Beach’s most sought-after neighborhoods. Set to rise at the nexus of Indian Creek Drive and Collins Avenue in the heart of the thriving Faena District, the boutique collection of only 11 private residences are meticulously crafted to deliver a bespoke lifestyle with striking views of Downtown Miami and Biscayne Bay.

“We always strive to create projects that enrich the neighborhoods in which we build,” said Jason Halpern, Principal of JMH Development. “The design, ingenuity and attention to detail that is being poured into every aspect of Twenty-Nine Indian Creek is exceptional. We are excited to be part of another project that celebrates historic preservation.”

With architecture, interiors and landscaping imagined by renowned firm Urban Robot, Twenty-Nine Indian Creek will reflect timeless sophistication and serve as an emblem for historic preservation. The modern, seven-story building will offer eight three-bedroom residences and one sprawling full-floor penthouse with an expansive wraparound terrace and panoramic views. In addition, the site is home to a 1930s Art Deco building that has been obstructed from public view for nearly 60 years. JMH Development will restore and relocate the structure to harmoniously integrate the past with the present, creating two sprawling townhomes within that will pay homage to the inherent design qualities of its former era.

“The building mirrors the duality of the architectural languages spoken on Indian Creek Drive and Collins Avenue, blending early 20th century style with modern influences,” said Sebastian Velez, Principal at Urban Robot Associates. “We envisioned a layered juxtaposition of traditional and modern that is responsive to Twenty-Nine Indian Creek’s incredible setting, and resulted in an urban refuge with enduring design qualities.”

Spanning 1,750 to 4,800-square-feet, each elegantly appointed residence is designed to maximize space and seamlessly connect to the outdoors–with sweeping floor-to-ceiling windows and doors ushering in an abundance of natural light. Spacious terraces with iconic, undulated railings showcase exquisite craftsmanship that continues indoors - with interiors that feature diligent attention to detail. Gourmet chefs' kitchens showcase bone white lacquered custom cabinetry, fully integrated Miele appliances with wine storage, plus marble countertops and island. Spa-inspired bathrooms offer indulgent features including freestanding soaking tubs, dual vanities, honed flooring and premium Hansgrohe fixtures. Townhomes feature 18-foot double-height great rooms and private terraces with landscaped gardens and summer kitchen.

“This is a truly distinctive project, there is nothing else like it in the area,” said Daniel de la Vega, president of ONE Sotheby’s International Realty. “Twenty-Nine Indian Creek presents a rare opportunity to own a home of this caliber just steps from the beach, with the ideal combination of privacy and access.”

Residents of this intimate community will enjoy a palm-tree shaded pool deck inclusive of daybed lounge chairs and tanning areas, a summer kitchen with barbeque and dining area, and an outdoor shower, as well as direct access to a dedicated beach club. The building’s Art Deco-inspired, geometrical design is complemented by lush landscaping with terraced walls and cascading greenery, water features, and a natural color palette, creating an instant sense of serenity.

Situated in the Faena District, Twenty-Nine Indian Creek will be at the center of the city’s buzziest neighborhood, allowing residents to conveniently explore world-class dining, hospitality and cultural institutions including the Faena Hotel and Faena Forum, The Miami Beach Edition, the upcoming Aman Miami Beach and Bvlgari Hotel.

Set to break ground Spring 2023, with completion expected by Q1 2025, with prices ranging from $2.5 million to $10 million. Located at 2901 Indian Creek, Miami Beach, Twenty-Nine Indian Creek sales and marketing is managed exclusively by ONE Sotheby’s International Realty’s Development Division, with Reid Heidenry and Marko Gojanovic leading sales.

Arte Surfside Officially Sells Out At Nearly $225 Million As Penthouse Leased By Ivanka Trump And Jared Kushner Sells For $17 Million

Arte Surfside, the ultra-luxury 12-story oceanfront luxury condominium at 8955 Collins Avenue, has officially sold-out for near-$225 million following the closing of Residence 201, its last remaining listing, for $17 million in as-is condition. The six bedroom home spanning 6,975 square feet of interior space and 1,488 of terrace space was designed by master Italian architect Antonio Citterio and sold unfurnished to a family, who were drawn to its water views and large living spaces featuring two kitchens, a dedicated oceanfront entertaining level, and a master suite overlooking the ocean. The residence was previously leased to Ivanka Trump and Jared Kushner.

Arte was successful in attracting the most discerning luxury buyers in the world, with many hailing from the U.S. Northeast, and was recognized globally for setting impressive new sales records, including executing on a cryptocurrency penthouse transaction. At around $3,000 per square foot, Arte achieved the highest blended price per foot in addition to the highest average cost per unit that has closed to date in any new development recorded in Miami Dade County and arguably Florida. Furthermore, with almost $225 million in total sales, Arte holds the highest gross sale price for a new boutique development in Miami.

“Arte represents a new tier of ultra-luxury in Miami Beach,” said Alex Sapir, Chairman of Sapir Corp LTD, an Israel-and New York-based subsidiary, who, developed the project. “This development has redefined all expectations for oceanfront living and showed the market that unprecedented prices a square foot are possible. We have set a new standard with Arte, and I’m proud to have led such a tremendous project.”

“It’s thrilling to watch a project you conceptualize from the ground up become a record-breaker in so many categories,” said Giovanni Fasciano, co-developer of the project. “We envisioned the ultimate Miami Beach lifestyle with the perfect combination of only 16 residences, masterful architecture, all of the amenities and services of a five-star resort and a collection of blue-chip artwork that actually inspired the building’s name. Buyers gravitated toward this highly customized, personal approach, and they have now come to know us as developers that go far above and beyond what’s expected.”

Arte’s sales success is a result of the huge demand for large oceanfront residences in Miami Beach. The homes at Arte feature expansive indoor and outdoor spaces, with square footage starting at 3,126. The two largest residences, the Penthouse and Lower Penthouse, were both landmark deals for the market, with the Penthouse selling at $33 million, and the Lower Penthouse selling at $22.5 million setting a record price per square foot of $4,440. These two transactions serve as a benchmark for Surfside condominium sales today. The achievements also underscore the validity of the developers’ initial vision for Arte and prove the building’s aptitude to set multiple records in real estate.

“We are thrilled to have been part of this exciting project, that has brought world class design and architecture to Surfside,” said Howard M. Lorber, Executive Chairman of Douglas Elliman.

Reinforcing Arte’s desirability in the market was incredible architecture by Antonio Citterio, in collaboration with Kobi Karp Architecture and Interior Design. Nodding to the legacy of ancient landmarks such as the Colosseum, the building touts a memorable Roman travertine façade, broad expanses of sliding glass doors and a gridded bronze Schuco window system.

Owners of the 16 residences at Arte enjoy a lavish lifestyle with expansive interiors and a wide array of first-class amenities. The amenity package includes a 75’ indoor swimming pool, an outdoor swimming pool, a rooftop tennis court, state-of-the-art fitness center and yoga studio, sauna and steam room and a tranquil meditation pond. Additional facilities include a children’s playroom, residents’ lounge, catering kitchen for out-of-home entertaining and private temperature-controlled parking spaces.

Arte has become one of the most recognizable and celebrated residential projects in real estate. The building’s legacy has been cemented with its sellout and will only continue to strengthen and grow as buyers increasingly desire boutique oceanfront residences with a focus on privacy and exclusivity. Arte has laid the groundwork for developers Alex Sapir and Giovanni Fasciano to expand globally.

“Douglas Elliman had a true partner working alongside Alex Sapir, Giovanni Fasciano and the entire Arte team who understood the needs of the most discerning buyers and helped us to set a new bar for luxury in the Miami Beach and Surfside Markets,” said Jay Phillip Parker, CEO of Douglas Elliman Florida and President of Douglas Elliman Development Marketing, Florida. “We look forward to future collaborations.”

Sales at Arte were exclusively handled by Douglas Elliman Development Marketing, with Miltiadis Kastanis and Dina Goldentayer representing the seller in the Residence 201 deal.

Witkoff and Monroe Capital Launch Shore Club Private Collection Designed By Robert A.M. Stern At Miami Beach's Historic Shore Club

For decades the Shore Club hotel has been an iconic presence on Miami Beach, a three-acre playground in the sand known all over the world. Now the Shore Club’s exciting future as a centerpiece of South Beach for the next century takes a major step forward with the launch of the Shore Club Private Collection, 49 residences designed by Robert A.M. Stern Architects including a new 200-foot-tall oceanfront tower from the legendary architect that is his nautical-inspired spin on the area’s iconic MiMo (Miami Modern) architecture. Residences at Shore Club Private Collection start at approximately $6 million and are exclusively marketed by Douglas Elliman Development Marketing.

The historic Shore Club was originally designed by Albert Anis and completed in 1949 along Miami Beach’s famed Collins Avenue. The Shore Club is being redeveloped by Witkoff and Monroe Capital, who are preserving and reinventing the property as a boutique 5-star resort by Auberge Resorts Collection known as Shore Club. Shore Club is designed by Bryan O’Sullivan Studio and will offer 75 suites.

The Shore Club Private Collection residences, serviced by Auberge but offering privacy and seclusion within the 5-star resort, offers resort style amenities including a pool and gardens exclusive to residents.

The Shore Club Private Collection is RAMSA’s first ever oceanfront project and first residential project on Miami Beach after the firm completed the Miami Beach Library in 2005. Like Stern’s history-making and record-breaking designs in New York at 15 Central Park West and 220 Central Park South, the residences are divided between a more boutique low-rise building with expansive floor-plans, and a connected views-focused tower.

At Shore Club, The Cromwell, an Art Deco building completed in 1939 that was later combined with the Shore Club’s campus, is being preserved and transformed into a glamorous yet discreet private entrance for residents that will also house four duplex residences on its upper floors. The 18-story rounded tower, inspired by the ocean’s waves and filled with nautical and yachting references, creates an iconic silhouette on the Miami Beach skyline and is composed of three staggered tiers that yield vast undulating terraces, with no two floor-plans exactly alike. RAMSA collaborated with Miami-based Kobi Karp Architecture & Interior Design on the project.

Interior spaces reference materials and shapes of classic yachts, including rich woods like mahogany and oak; nickel, brass accents, and other light metalwork; swooping walls and arched windows. Large glass walls framing the dramatic ocean views will blur the line between indoor and outdoor living, seamlessly opening from the large rooms to the oversize terraces.

Completely unique to the Shore Club Private Collection is one signature 6,000-square-foot single-family beach house, also newly constructed and designed by RAMSA. This extremely rare new beachfront house on the sands of Miami Beach will enjoy all the services and amenities of the Shore Club Private Collection and Auberge.

In addition to the discreet porte-cochere entrance and exclusive pool, residents also enjoy a private world-class fitness center, library, lounge, and other amenities. Auberge Resorts Collection’s one-of-a-kind reputation for intimate tailored service will also extend to the residences with numerous in-home offerings, as well as access to Auberge’s world-class spa, beach club and culinary experiences, including a signature restaurant, poolside café and bar with dedicated cabana service, double-height café and bar leading to an outdoor lounge, and more. Lush botanical gardens with native plantings designed by Island Planning Corporation knit together the two historic buildings and new elements into one cohesive resort, while dividing private amenities from those open to resort guests.

Renderings via The Boundary

The Elser Hotel & Residences Miami Closes On $80 Million In Sales In Less Than 60 Days

The Elser Hotel & Residences Miami, a 49-story new construction luxury condominium located at 398 NE 5th St., has successfully closed on $80 million in sales in less than 60 days. This immense sales volume marks the pivotal return of Latin American investment in South Florida, with 75% of sales coming primarily from Colombia, Mexico, and Chile, as well as the continued fervent demand for turnkey, new construction residences in the heart of Downtown Miami. The Elser Hotel & Residences Miami was developed by National development and investment firm PMG and Canadian-based private equity firm Greybrook. The team has successfully completed closings with premier financial institutions such as City National Bank, Prime Equity and several others. PMG Residential is the exclusive sales team for The Elser Hotel & Residences.

“Miami’s status as an international business hub and world-class metropolitan destination has positioned the city as one of the world’s most desired real estate markets,” said Sergio Pintos, Principal of PMG Residential. “The ability to now explore the best culinary, entertainment, and retail offerings all within footsteps of one’s home is extremely attractive to buyers. With so much available at one’s fingertips, it is no wonder that The Elser Hotel & Residences has experienced such a high volume of sales and successful closings in such a short time.”

Offering unobstructed views of Biscayne Bay and sweeping views of the Miami skyline, The Elser Hotel & Residences Miami is designed by Sieger Suarez Architects with interior architecture and design by Cotofana Designs. The fully furnished residences range from studios to three-bedrooms spanning 404 to 1307 square feet. Managed by industry-leading management company Highgate, the property will allow owners to enter a short-term rental program with daily rental options through The Elser Hotel & Residences Owners Program.

“When The Elser Hotel & Residences was created, we wanted to invest in the area’s potential for new development and flexible living options,” said Ryan Shear, managing partner of PMG. “It is beyond exciting to see how receptive today’s buyers are to the concept and everything it has to offer, from short-term rental options to a high-caliber level of downtown living. We are honored to work with our partner Greybrook as The Elser Hotel & Residences continues to make its mark on Miami.”

"The Elser Hotel and Residences is a truly unique property benefiting from an abundance of exceptional amenities and situated in a prime location with convenient access to everything the Downtown Miami core has to offer," said Sami Mouaket, Director of U.S. Investments & Development at Greybrook. "This marks another successfully completed development in our growing portfolio of projects with our partner PMG who has significant experience in the Miami market and continuously demonstrates seamless execution in development management and construction.”

Amenities at The Elser Hotel & Residences include a double-level amenity deck spanning over 19,000 square feet which overlooks Downtown Miami and Biscayne Bay, a 132-foot resort-style pool with private lounge areas and a 16-foot poolside screening LED wall. Additional amenities include co-working spaces, oversized modern gyms and fitness studios with frequent group classes, multiple lounges, smart package lockers, bike storage facilities, and a yoga lawn overlooking Biscayne Bay, among others. The property will include a new lobby cocktail bar and restaurant by the creators of Jaguar Sun as well as a coffee lounge by Cafe Domino.

Related Group, Two Roads Development and Rockpoint Reveal Rivage, Bal Harbour's First New Condo In Over A Decade

Industry leaders Related Group (Related), Two Roads Development and Rockpoint have revealed Rivage Bal Harbour (Rivage), a rare condominium property located in one of South Florida’s most exclusive enclaves. Made up of only 61 sky villas, the oceanfront development boasts an all-star design team, with Skidmore, Owings & Merrill (SOM) and Rottet Studio leading architecture and interior designs, respectively. Douglas Elliman Development Marketing (DEDM) is the property’s exclusive sales partner; Pablo Alfaro will serve as sales director with Ruthie and Ethan Assouline.

“Bal Harbour is one of South Florida’s most special neighborhoods and an area we’ve wanted to build in for many years,” says Jon Paul Pérez, Related’s President. “Everything is in place to make this a truly once-in-a-generation project, from the site, to the team, to the general scarcity of newly constructed high-end supply in this neighborhood. Together with our partners, we look forward to delivering a property that honors Bal Harbour’s glamorous history while helping shape its future.”

Nestled between the glistening waters of the intracoastal waterway and 200 feet of uninterrupted oceanfront, Rivage immerses residents in South Florida’s breathtaking natural beauty. Employing a Tropical Modern aesthetic, SOM forgoes rigid lines in favor of flowing, natural shapes and seamless indoor-outdoor spaces. The property’s main 275-foot tower is itself a love letter to the sea and sky, with its three interconnecting glass ovals evoking a crystalline coral reef while allowing for maximum water views.

The tower’s amenity package is equally thoughtful, offering services and activities on-par with even the most elevated resorts. A focus on wellness connects the more than 25,000 square feet of on-site offerings, with highlights including a state-of-the-art fitness pavilion with panoramic views, a hammam spa, complete with hot/cold plunge pools, and private treatment rooms, pickle and paddle ball courts surrounded by lush landscapes designed by Swiss design firm Enea Garden Design. Residents and guests will also enjoy more laid-back options, including a private, chef-driven food and beverage services and cocktail lounge, VR game simulator and kids’ playroom. Resort-style services, including a 24/7 residential butler and dedicated lifestyle concierge, round out the package and ensure all residents’ whims are met.

The organic influences are clearly evident across Rivage’s 61 homes, with the flowing, open-concept plans carefully tuned to accentuate the awe-inspiring vistas. Designed to provide a single-family home experience, the residences range from 3,300 to nearly 13,000 square feet and offer in-unit elevator access and a private parking garage with each unit. Residents will also enjoy custom kitchens with Sub-Zero and Wolf appliances, as well as bathrooms and closets designed by Rottet Studio with imported Italian finishes. The mansion-in-the-sky feel is furthered by the sprawling living rooms opening up to oversized terraces with direct views of the sea and nearby Biscayne Bay.

“Every single one of our decisions is geared towards providing a marquee experience,” says Taylor Collins, Managing Partner at Two Roads. “While our buyers can certainly purchase just about anywhere in the world, we are confident they will only want to buy at Rivage. We are raising Bal Harbour’s already lofty pedigree and, in the process, establishing a new standard for condominium living.”

The neighborhood of Bal Harbour has been an enclave for the elite since its establishment in 1929. Located between iconic South Beach and Sunny Isles, Bal Harbour has long been a snowbird favorite, offering easy access to the world-famous Bal Harbour Shops as well as the very best South Florida has to offer.

The Ritz-Carlton Residences, Palm Beach Gardens Launches Sales of the Estate Residences

The Ritz-Carlton Residences Palm Beach Gardens with local-based development, construction, and management firm Catalfumo Companies, has officially launched sales. Coined The Estate Residences, the property is located on an 11-acre site along the Intracoastal Waterway in Palm Beach and will deliver 106 ultra-luxury condominiums housed within three six-story buildings. Douglas Elliman Development Marketing is the exclusive sales and marketing team for The Ritz-Carlton Residences Palm Beach Gardens, which ranges from $4 million to $8 million.

The Ritz-Carlton Residences, Palm Beach Gardens deliver a new level of coastal leisure, transforming eleven acres of Intracoastal waterfront into an intimate enclave of estate residences and private marina. The Ritz-Carlton Residences Palm Beach Gardens will offer spacious three-, four- and five-bedroom residences with a 29-slip private marina and 850 feet of waterfront with boat slips available for vessels up to 75 feet in length, with select slips equipped with electric boat lifts. The development will come with full-service, resort-style options and amenities to buyers.

The Residences offer private elevators with controlled access, a full suite of professional grade Wolf and Sub-Zero kitchen appliances, floor-to-ceiling, triple panel, impact-resistant glass doors and windows, double walk-in closets, free-standing soaking tubs, glass-enclosed showers and European double vanities.

Continuously raising the bar on waterfront living, The Ritz-Carlton Residences Palm Beach Gardens will create endless leisure and entertainment possibilities for their buyers, including a multi-level waterfront clubhouse with an event kitchen; lounge seating; game areas; a library; a coffee bar; and open-air fire pits; a pickleball court; a putting mezzanine; a resort-style pool deck with a 100-foot infinity edge pool with sweeping waterfront views, full-service cabanas and more. The Ritz-Carlton Residences Palm Beach Gardens will also offer a Resident’s Spa with private treatment rooms; steam rooms; showers and sauna rooms; a fitness center with state-of-the-art weight training and cardio equipment; and a dedicated yoga studio.

Casa Bella by B&B Italia Debuts Penthouse Collection In Downtown Miami

Casa Bella Residences by B&B Italia, which aims to bring the best of Italian design and lifestyle to Downtown Miami, has unveiled plans for the tower's dramatic penthouse collection that includes a pair of 54th-floor triplex residences with expansive rooftop terraces and Biscayne Bay views. Developed by Related Group in partnership with Alta Developers, the 56-story condominium tower offers 317 luxury residences and represents the first residential partnership for the famed Italian design house B&B Italia, known around the world for its high-end collaborations with legacy brands such as Rolex, Hermès, and Rolls-Royce.

The penthouse collection includes a total of 10 upscale residences, the crown jewels of which are the aforementioned triplex homes with private rooftop terraces, each featuring spa pools and indoor/outdoor summer kitchens overlooking Biscayne Bay. These two extraordinary homes range in size from 5,432 to 5,900 square feet and are priced between $12 million - $13 million.

The 54th-floor is also home to two remarkable duplex penthouses that span 4,100 and 4,560 square feet. The duplex penthouses are priced between $8 million and $10 million. All four of the Upper Penthouse residences feature stunning living areas with double-height ceilings (23-foot) and floor-to-ceiling windows that showcase jaw-dropping views of Biscayne Bay.

The 52nd and 53rd floors include six penthouses with just three homes per floor. These residences range in size from 2,982 to 3,772 square feet with prices from $4.8 million to $6 million.

Casa Bella by B&B Italia features architecture by Arquitectonica and interiors by renowned designer Piero Lissoni — who also serves as creative director for B&B Italia — and the B&B Italia team, every aspect of the building is envisioned as an oasis, offering a refined Miami aesthetic rooted in contemporary Italian design.

Throughout the Penthouse Collection, ceiling heights reach 12 feet with windows that frame cinematic views of Biscayne Bay and the Miami cityscape. Pierro Lissoni’s modern and refined aesthetic is showcased with an exquisite selection of European fixtures and finishes that imbue the homes with B&B Italia’s unique brand of Mediterranean-inspired luxury. Penthouse units have additional distinct flooring options including natural stones.

Gourmet kitchens feature integrated espresso machines and double-door SubZero refrigerators, and a selection of kitchen cabinet colors exclusive to Penthouse units. Select homes offer eat-in kitchens. The graciously-sized primary bedrooms include dual walk-in closets. Many of the penthouse residences offer baths with freestanding soaking tubs and large showers with Bay views.

For added ease, residents will have the opportunity to work directly with B&B Italia’s celebrated designers to outfit their units. B&B Italia will offer move-in-ready packages with furnishings and décor for each unit type. There is also the opportunity for buyers and designers to personalize their units using pieces from B&B Italia collections.

Casa Bella by B&B Italia offers two full floors of amenities, complete with dedicated entertainment spaces overlooking Biscayne Bay. These spaces range from a spacious party room to a wine vault and tasting lounge, as well as a top-of-the-line private theatre and co-working spaces. A world-class Wellness Center caters to fitness-minded residents, featuring professional-level equipment, as well as dedicated yoga and spin rooms, while the spa facilities offer an array of on-demand services including massages, facials, blowouts and manicure/pedicures.

Outdoors, landscape architect Enzo Enea envisioned a pool deck with lush Italian-inspired gardens to create an oasis within Downtown Miami. The 80-foot lap pool is surrounded by private cabanas and shaded lounge areas, as well as an open-air lawn for yoga and meditation. A poolside bar and Mediterranean café will have light bites and refreshments on offer. On the 56th floor, residents can access the tower’s rooftop pool and terrace, which is complete with a state-of-the-art observatory.

A personal concierge is available to assist residents on or offsite. Services include housekeeping, grocery shopping and delivery, dry cleaning and laundry, nanny and childcare, overnight shoe-shining, pet care services and personal tech support. Additional benefits include preferred tickets to performances and local events and a complimentary one-year membership to the Grand Bay Beach Club in Key Biscayne.

Located at 1400 Biscayne, Casa Bella offers a prime location in the Arts and Cultural District, which is coming into its own as the heart of Miami’s “New Downtown.” The property offers buyers ease of access to nearby hotspots such as the Pérez Art Museum Miami, Frost Museum of Science, the Adrienne Arsht Center for the Performing Arts and Miami-Dade Arena.

Renderings via Related Group

New York-Based Hospitality Concepts Add a New Level of Sophistication to Wynwood’s Culinary Scene

As the Wynwood Arts District continues to evolve into a vibrant enclave marked by world-class restaurants, stylish cocktail bars and eclectic cafes, some of the most notable names in New York City hospitality are now making a play for the neighborhood.

Offering a diverse mix of dining options, designer boutiques and a thriving arts scene, including more than 70 art galleries, Wynwood inspired many Silicon Valley companies such as Founders Fund and Atomic to relocate in recent years. New restaurant and hospitality concepts — several with New York origins — soon followed, adding to Wynwood’s dining and nightlife.

“Wynwood is swiftly becoming the SoHo of South Florida,” said Nick Pérez, Senior Vice President for Related Group, the developer behind the forthcoming NoMad Residences Wynwood and the single most active developer in the neighborhood. “The culinary transformation is pretty incredible, especially when you consider that seven of the restaurants listed in Miami’s Michelin guide are located in Wynwood, alongside many five-star restaurants. The impact that’s having on the neighborhood’s appeal cannot be understated.”

Among the many world-class culinary offerings now calling Wynwood home is Pastis, which will open its doors at New York-based developer Tricap’s 380 Northwest 26th Street in 2023. Driven by two James Beard Award-winning restaurateurs, Keith McNally and Stephen Starr, the Wynwood restaurant signifies Pastis’ first South Florida location, and will feature the classic bistro fare for which the Manhattan institution is known.

Other New York transplants include the Brooklyn import, Freehold, a unique hospitality concept that offers a hotel-like experience without hotel rooms. Encompassing more than 10,000 square feet, Freehold Miami includes a cafe, two bars, a coffee shop and ample co-working space. Wynwood residents can now also snag a slice of New York-style pizza, thanks to the arrival of Shelter, a popular Brooklyn shop, along with iconic eateries Joe’s Pizza and Prince Street Pizza.

The most highly anticipated New York arrival is the NoMad Residences Wynwood, the first hospitality-infused residential concept from global hospitality icon, NoMad Hotels. Developed by Related Group in partnership with Tricap and co-created with the acclaimed hospitality firm Sydell Group, NoMad Residences Wynwood will soon set the standard for the area’s food and beverage experiences.

“Similar to how NoMad New York is credited for transforming Manhattan’s North of Madison enclave into one of the city’s most in-demand neighborhoods, we feel strongly that the NoMad Residences Wynwood will contribute to Wynwood’s explosive growth, leading it to become a top destination within Miami,” said Pérez.

At the heart of this promise is the property’s best-in-class food and beverage offerings, which will be open to the public and include a signature rooftop restaurant and mixology bar concept, The NoMad Bar. The restaurant will be helmed by James Beard Award Winner Leo Robitschek, Vice President, Food & Beverage at Sydell Group and the former Bar Director for New York City’s three-Michelin Star restaurant Eleven Madison Park. On NoMad Wynwood’s ground floor, residents and the community can enjoy a Casa Tua Cucina, an expansive open-kitchen concept offering simple, yet expertly crafted Italian and Mediterranean fare. 

The popularity of the NoMad brand has directly translated into robust sales activity at NoMad Residences Wynwood. Related reports having signed contracts on more than 50% of the building’s condominium homes, including a unit at roughly $2,000 per square foot, which shattered neighborhood price records.

“We know that buyers appreciate the luxury and exclusivity that comes with living in a hotel-branded residential property, especially one that is associated with an established flag such as NoMad,” adds Pérez. “We are confident that the NoMad Residences Wynwood will exceed their expectations for a hospitality-centric living experience.”

Designed in collaboration with globally-renowned partners DesignAgency and Arquitectonica, the nine-story building offers 329 turnkey homes. Layouts range from studios to two bedrooms, each featuring floor-to-ceiling windows and private balconies. All units will come fully furnished, with packages thoughtfully curated by DesignAgency. 

Uniquely developed with no rental restrictions, buyers will have the option to rent their homes to guests for any period of time. A skilled in-house property management team will efficiently manage check-in and check-out processes. 

Adding to the hospitality-focused experience, residents and their guests can take advantage of a full-suite of resort-style amenities, including an expansive rooftop lounge with panoramic views of downtown Miami, a fully serviced pool and sun deck, private cabanas, and a state-of-the-art indoor and outdoor fitness lounge. 

Additional on-site highlights include a card room and private dining room. For art enthusiasts, many of the walls throughout the building will feature museum-quality works from the Jorge M. Pérez Collection, with sections of the building commissioned to artists in ode to Wynwood.

Pricing for NoMad Wynwood’s available units begins at $600,000. For more information or to arrange a private tour of the sales gallery, please visit nomadwynwood.com or call (786) 437-3355.

Global Investment Management Firm Pretium Signs Lease At Eighteen Sunset In Miami Beach's Sunset Harbour

Specialized investment management firm Pretium plans to open an office at Deco Capital Group’s Eighteen Sunset, a Class A office building being constructed at 1769 Purdy Avenue in Miami Beach. Pretium has leased 11,591 square feet on the fourth floor of the project, which together with other completed leases represents approximately 80% of all available office space at Eighteen Sunset. About 9,500 square feet in the building is still available. The project is currently rising after securing a $60 million construction loan last year.

“Miami Beach is excited to welcome Pretium to our community where our business assistance programs and incentives ease the ability of doing business, and our culture and lifestyle benefit business leaders, create jobs, and attract and retain talent,” shared Miami Beach Mayor Dan Gelber.

With more than 4,500 employees, Pretium has over $50 billion in assets under management across U.S. residential real estate, residential credit and corporate credit. Pretium’s Miami Beach office will span more than half of the fourth floor in the five-story building. The company will join a multibillion-dollar, publicly traded Toronto firm that signed a 20,000 square foot lease earlier this year. On the ground floor, Uchiko, a restaurant concept by award-winning Hai Hospitality group, will occupy approximately 6,000 square feet of space. Stephen Rutchik, executive managing director of Colliers International Florida, and Neil King, vice chairman of CBRE New York, represented Deco Capital Group in the transaction, and Daniel Posy, executive managing director of JLL New York, represented Pretium.

“Pretium is excited to be expanding its office presence to Miami, a region with a growing financial services community,” said Laura Cappiello, Pretium’s Chief Human Resources Officer. “Having an office in Miami will enable Pretium to attract and retain premium talent and broaden the pool of diverse candidates we seek to recruit.”

“Miami Beach has seen a significant increase in inbound investment, and the most fundamental change to the city’s economy has been the drive to develop Class A, best-in-class office space capable of accommodating the needs of preeminent global companies,” said Bradley Colmer, founder of Deco Capital Group. “Pretium operates from exemplary offices in international financial hubs and is proud to be one of the trailblazing companies relocating or expanding and establishing a more substantial presence in South Florida. Pretium is drawn to Eighteen Sunset for its quality design, prime waterfront location in the Sunset Harbour neighborhood and market-leading amenities and views.”

The City of Miami Beach has assisted a number of technology and financial services companies in expanding or relocating their operations after launching meaningful business incentive programs and business concierge services in 2021. Pretium participated in the city’s Expedited Plan Review and Permitting Program which offers an accelerated permitting review process of 10 business days. The city’s Job Creation Incentive Program offers an incentive of up to $60,000 per year for up to four years for businesses in targeted industries that create or relocate a minimum of 10 new, full-time jobs with average annual wages that meet or exceed 125% of Miami-Dade County or Florida average wages.

“It is really encouraging to see great companies, like Pretium and others, take advantage of Miami Beach’s programs and services,” affirmed Miami Beach City Manager Alina Hudak. “These programs were created to diversify the Miami Beach economy for the benefit of the entire community.”

Renderings via Eighteen Sunset

Fortune International Group Announces Branded Residence Collaboration With Casa Tua For ORA At 1210 Brickell

Fortune International Group, a real estate leader in developing, funding, construction management sales and marketing and led by the visionary founder, Edgardo Defortuna, have announced they are collaborating with hospitality brand, Casa Tua, to curate and program its newest high-rise, mixed-use development located at 1210 Brickell Avenue in Miami’s Brickell neighborhood.

The building, ORA is the first branded residence for Casa Tua, the renowned, heartfelt brand and exclusive members’ only club which has gathered friends in their properties in Miami and then Aspen and Paris for over two decades and soon to launch in The Surrey, A Corinthia Hotel in Manhattan 2023. The property will feature short-term rental residences in addition to a full suite of amenities programmed by Casa Tua.

“ORA will serve as a unique residential development in a premier location, at the best corner in the Brickell neighborhood,” said Edgardo Defortuna. “We look forward to working alongside the Casa Tua brand to curate a sophisticated experience that will create a community for its residents and Brickell. ORA will become the city’s most exciting amenity.”

ORA by Casa Tua will have, and not limited to, two new restaurant concepts by Casa Tua, a gourmet market by Casa Tua, a rooftop lounge – with resort-style offerings including a pool, sky lounge and bar; show kitchen, private event space and – curated by Casa Tua; an abundance of nature and lush landscaping infused into the design of the building, including full floors of floating gardens overlooking the city views; an entertainment lounge as well as fitness and wellness center.

“Since opening Casa Tua more than 20 years ago, my wife Leticia and I have always dreamt of applying the warmth and soul of Casa Tua to a pioneering mixed-use development, while boldly incorporating the most important feature that sets Miami apart as a city - its nature,” said Miky Grendene, Founder of Casa Tua. “There is no better partner for this ambitious vision than our friends at Fortune, Edgardo and Ana Cristina Defortuna. Together we will create a green oasis in the center of the city that will enable residents and guests to come together, celebrate life and be inspired by a new type of environment. At its heart will be a multi-faceted culinary hub delivering four distinct dining experiences true to Casa Tua’s signature style. ORA, meaning ‘now’ in Italian, is imagined for an evolving world, designed to honor simplicity, foster community and deepen human connection."

Reservations for the short-term rental residences – which range from 500-square-foot, studios to 2,400-square foot, four-bedroom homes – will launch in January 2023. Pricing will start at $800,000.