Rosso Development, Standard International and Midtown Development Lock Down $45.045 Million Construction Loan For Standard Residences, Midtown Miami
Hospitality and real estate pioneers Rosso Development, Standard International and Midtown Development have closed on a $45,045,000 construction loan from Bank OZK for the highly anticipated The Standard Residences, Midtown Miami. A JLL Capital Markets Debt Advisory team, led by Managing Director Brian Gaswirth and Associate Jimmy Calvo, represented the developer.
Hospitality and real estate pioneers Rosso Development, Standard International and Midtown Development have closed on a $45,045,000 construction loan from Bank OZK for the highly anticipated The Standard Residences, Midtown Miami. A JLL Capital Markets Debt Advisory team, led by Managing Director Brian Gaswirth and Associate Jimmy Calvo, represented the developer. Nearly 90% of the residences are sold with construction at The Standard brand’s first residential concept already underway following groundbreaking in April 2023.
“Securing this loan is a testament to the strength of the project, our remarkable team and what we are building together,” said Carlos Rosso, Founder of Rosso Development. “We set out to bring a lifestyle concept with character and soul to Miami, and we are incredibly proud to see the excitement surrounding our vision. We look forward to delivering a one-of-a-kind product to our buyers.”
“The enthusiasm from buyers for The Standard Residences speaks to the power of The Standard brand and our exceptional partner, Rosso Development,” stated Amar Lalvani, Executive Chairman of Standard International. “This financing commitment allows us to take the project to the next phase.”
With Civic Construction as the general contractor and construction already underway, the first of its kind pied-à-terre-style building will rise 12 stories and deliver 228 residences with 34,000-square feet of thoughtfully imagined amenity spaces.
“Carlos Rosso has an incredible reputation for being one of the premier condo developers in South Florida through his distinguished career at The Related Group,” said JLL Capital Markets Managing Director Brian Gaswirth. “The Standard Residences is a defining stamp on his new journey and has been met with great success as represented by its strong presales and ability to attract Bank OZK as its lending partner.”
“Bank OZK is pleased to provide construction financing for The Standard Residences,” stated Greg Newman, Senior Managing Director of Originations at Bank OZK. “This best-in-class product backed by the strength of The Standard brand will be an excellent addition to Midtown Miami and we are excited to help bring it to life.”
Located at 3100 N.E. 1st Ave, the boutique building is nestled in the heart of Midtown–Miami’s most connected and walkable neighborhood. Centrally positioned between The Design District and Wynwood, the property is situated directly across the street from the recently opened Trader Joe’s and The Shops at Midtown, which features a variety of exciting food & beverage options and convenient retail. Tapping the industry’s best talents, The Standard Residences is crafted by internationally acclaimed architecture firm Arquitectonica, renowned interior designer Urban Robot in collaboration with The Standard’s award-winning in-house design team, and landscape designer Naturalficial.
Upon delivery, owners will enjoy the brand’s world-class design, amenities and service. Ranging from studios to two-bedroom layouts, the residences span 432-square feet to 965-square feet, with meticulously curated interiors that strike a perfect balance of style and functionality. Finishes include light wood plank tile flooring, gourmet kitchens with custom Italian cabinetry and Bosch appliances, while oversized bathrooms showcase stone vanities and double-suite rain showers. With an “anything but Standard” approach, the property will allow flexible living, enabling owners to lease out their units for terms as short as one month.
Community-minded amenities are crafted to embrace social engagement and include an expansive lobby, Café, and outdoor terrace. A lushly landscaped rooftop features a 60-foot resort-style sunset pool with a signature restaurant and bar reminiscent of the vibrant ambiance The Standard pioneered from Hollywood to Miami and London. Health and wellness offerings include an indoor pickleball court, a state-of-the-art sweat room and fitness center, an infrared sauna, yoga and stretch studios. A dedicated social floor features a karaoke bar and screening room, as well as fully equipped co-working spaces, zoom rooms and a private boardroom.
Completion of The Standard Residences, Midtown Miami is slated for the end of 2024. A limited selection of units remain starting at $499,900 and currently accepting only 30% down. Sales and marketing is exclusively managed by Douglas Elliman Development Marketing.
Renderings via The Standard Residences, Midtown Miami
FIRST ON PROFILE: Naftali Group Launches Sales For JEM Private Residences in Miami Worldcenter
FIRST ON PROFILE: Naftali Group, a globally recognized real estate development and investment brand headed by visionary developer Miki Naftali, has launched sales for JEM Private Residences in Miami Worldcenter in Downtown Miami’s District 11. This dynamic condominium development, rising over 700 feet tall and spanning 67 stories, is a landmark focal point within the city’s iconic Miami Worldcenter.
Naftali Group, a globally recognized real estate development and investment brand headed by visionary developer Miki Naftali, has launched sales for JEM Private Residences in Miami Worldcenter in Downtown Miami’s District 11. This dynamic condominium development, rising over 700 feet tall and spanning 67 stories, is a landmark focal point within the city’s iconic Miami Worldcenter.
The launch of JEM Private Residences represents a significant milestone in Naftali Group’s expansion into Florida and is poised to set a new benchmark for quality product in South Florida. For over three decades, Naftali Group has developed exceptional properties that surpass the expectations of real estate consumers. From New York City to Singapore, their expertise is now extending into Miami, an international hub that promises great potential for growth. With offices in Miami and New York City, Naftali Group maintains its commitment to delivering quality, design and artistic excellence across its $15 billion portfolio which includes over 3 million square feet of development planned in South Florida.
“JEM Private Residences marks a significant milestone in my 30-year development career and a signature property in Naftali Group’s continuously growing portfolio. The luxury condominium tower is a true urban oasis within the city, a building beyond comparison that is both beautiful and practical. The limited collection of homes within the tower offer a dialogue between craftsmanship, expertise and innovation with the ultimate goal of surpassing expectations of our residents. We have prioritized the resident experience by placing these homes high within the building to provide uncompromising views paired with chic interiors and a compilation of amenities intended to elevate a well-rounded approach to wellness.” said Miki Naftali, Chairman and Chief Executive Officer of Naftali Group.
Naftali Group has assembled a world-class collaboration between Miami-based architecture firm Arquitectonica and New York City-based interior design firm Rockwell Group, to create a chic and timeless design aesthetic for the tower. JEM Private Residences draws inspiration from the ocean landscape, with its wave-like architecture and wraparound terraces on each floor which seamlessly blend indoor and outdoor living. Wood accents and lush greenery convey a warm and inviting environment, establishing a serene oasis within the vibrant urban setting. Fort Lauderdale-based ESDA is at the helm of the tower’s landscape architecture, elevating the ambiance of the development.
“Miami Worldcenter is a highly sought-after destination, characterized by a dynamic energy that sets it apart from any other city in the world. JEM Private Residences will elevate the quality of product offered within the walkable neighborhood and position residents at the center of Miami’s premier offerings in dining, entertainment, arts and culture,” said Naftali.
OneWorld Properties has been selected as the exclusive sales and marketing brokerage for JEM Private Residences, with residences starting from the $540,000s. The development consists of 259 units ranging from studios to four-bedroom options and a collection of 10 penthouses at the crown of the tower, some of which will feature private outdoor hot tubs. Naftali Group strategically positioned the private residences to begin at the 43rd floor to maximize breathtaking views of the Miami skyline, Biscayne Bay and Atlantic Ocean.
“Our team is excited about being involved in the continued growth of Downtown Miami and its transformation into a global city,” says Peggy Olin, CEO of OneWorld Properties. “JEM Private Residences will not only provide an unparalleled range of amenities but will also benefit from its prime location within Miami Worldcenter, making them an unbeatable choice for future residents.”
JEM Private Residences, designed by Rockwell Group, boast meticulously crafted interiors. In the kitchens, bespoke millwork cabinetry and seamlessly integrated, panelized appliances are harmoniously paired with Calacatta stone countertops and backsplashes. The culinary experience is elevated with a curated array of Miele appliances, including an oak-paneled refrigerator, freezer, dishwasher, and a fully integrated wine refrigerator in select residences.
The primary bathrooms feature custom medicine cabinets with integrated lighting, storage, and open shelving, offering a perfect blend of functionality and luxury, and the countertops are crafted from honed Dolomite white slabs, complementing the white tiles on the floors and walls. Sleek vanity sink basins are adorned with polished nickel faucets. The showers boast mosaic floor tiles, stone niches, and both handheld and rain shower heads. In select residences, there is a freestanding soaking tub.
The JEM Private Residences’ lobby boasts custom-sculpted plaster walls, elegantly illuminated cove ceilings, and stone floors adorned with exquisite bronze accents. This inviting space is accessed through a fully serviced porte-cochere driveway enveloped by lush landscaping, offering a seamless transition from the vibrant energy of the city to the tranquility of home.
The 50th floor contains an amenity suite designed to compete with any high-end luxury hotel, offering a diverse array of meticulously curated indoor and outdoor spaces to cater to various activities. Inside, the inviting Sky Lounge showcases a feature fireplace, a bespoke stone bar, and cozy seating areas. Step outside to discover a generous 60-foot outdoor pool surrounded by cabanas, floating daybeds, and a captivating signature sculpture. The alfresco lounge is thoughtfully complemented by lush tropical landscaping, creating multiple seating pockets, while a serene sunken lounge area is nestled amidst tranquil reflection pools.
For those with active lifestyles, an indoor fitness center boasts state-of-the-art equipment and a private training/yoga studio. Additionally, residents can enjoy access to an outdoor fitness area, complete with a boxing arena and an adjacent yoga patio featuring a refreshing cold plunge pool and a serene mist garden. When relaxation calls, residents can unwind in the spa suite, which includes a sculptural dry sauna, a steam room, and a soothing pink Himalayan salt room.
Furthermore, the amenity offerings continue with a game room for leisurely activities, and the co-working space offers private nooks for productivity. Not to be overlooked is the glass-enclosed private dining room, providing direct access to the outdoor amenity deck. Lastly, for those desiring a refined social experience, a spirits tasting room awaits, adorned with sophisticated amber glass shelving and exquisite bronze decanter racks.
Founded by Miki Naftali, Naftali Group is a privately held real estate development and investment firm with over 30 years of experience, based in New York City with offices in Miami. Through innovation and discipline, Naftali is recognized as a leading developer with a current and past portfolio comprised of more than 35 projects encompassing more than $15 billion in total value. The company is a leader in developing residences that anticipate and exceed the needs of today’s most discerning real estate consumers and has a notable track record in leading landmark restorations, which it has brought to Florida. Naftali Group is highly specialized in identifying and acquiring undervalued properties in premier geographic areas with strong potential growth while maximizing the value of unique and irreplaceable assets. Naftali Group pursues strategic acquisitions and continuously grows its extensive portfolio of new development condominiums, income-producing, mixed-use properties, and other assets.
FIRST ON PROFILE: Landau Properties Launches Sales of Indian Creek Residences & Yacht Club Starting At $5 Million
FIRST ON PROFILE: The NYC and Miami-based Landau Properties, led by Jonathan Landau, has launched sales for the highly-anticipated Indian Creek Residences & Yacht Club on Miami’s Bay Harbor Islands. The boutique building offers nine luxury condominium homes and six yacht slips, providing one of the only private yacht clubs in the area and a sought-after opportunity for waterfront views of the coveted Indian Creek Island.
The NYC and Miami-based Landau Properties, led by Jonathan Landau, has launched sales for the highly-anticipated Indian Creek Residences & Yacht Club on Miami’s Bay Harbor Islands. The boutique building offers nine luxury condominium homes and six yacht slips, providing one of the only private yacht clubs in the area and a sought-after opportunity for waterfront views of the coveted Indian Creek Island and exclusive Indian Creek Country Club. Pricing begins at $5.6 million for a half-floor home, with penthouse residences starting from $11 million with sales and marketing exclusively overseen by OFFICIAL Partners.
“Indian Creek Residences & Yacht Club is the first true luxury boutique new development overlooking Indian Creek Lake,” said Jonathan Landau, Founder and CEO of Landau Properties. “This unique site afforded us the rare opportunity to build a fully amenitized limited collection residential experience on Bay Harbor Islands, something for which the neighborhood has been waiting a long time. These homes are certain to resonate with buyers who appreciate exceptional design and are looking for a comprehensive lifestyle experience in Miami’s most desirable waterfront neighborhood.”
The eight-story waterfront development is being designed by acclaimed Miami-based architect Kobi Karp with interiors by Linda Zarifi of Zarifi Design, representing the designer’s first ground-up condo in Miami. A counterpoint to the tall, boxy, glass towers that have become synonymous with new development in Miami, the boutique, high-design building will pay homage to Bay Harbor's large concentration of mid-century modern design. Curved edges, neutral natural materials and sculptural details define the building inside and out. Lush, tropical and mature landscaping by Enea Garden Design will envelope the building and convey a resort-like return to nature.
“Today’s luxury buyers are looking for one-of-a-kind homes that combine show-stopping views with world-class finishes and amenities that meet their every need,” said Oren Alexander of OFFICIAL Development Advisors, the exclusive sales and marketing firm for the development. “Indian Creek Residences & Yacht Club is the only opportunity on the island to own a property with the amenities of a fully serviced condominium and the discretion of a private home. Indian Creek has garnered much attention lately from captains of industry, so it’s no surprise that we’ve already had strong interest in these homes before launching, with the most discerning buyers needing to guarantee their spot in this building.”
Ranging from three- to five-bedroom homes spanning from 3,300 to over 5,600 square feet, the collection of half-floor homes, duplex residences and full-floor penthouses combine unobstructed, postcard-like views with best-in-class modern finishes, in addition to private balconies and wine feature walls. Each residence boasts stunning panoramas of Indian Creek Lake and Biscayne Bay, as well as the Indian Creek Golf Course. Most also feature direct elevator entry for added privacy. All three-and five-bedroom homes feature spaces that can serve as additional bedrooms or home offices for added flexibility. Penthouses offer 75 feet of unobstructed water views.
The luxurious interiors designed by Zarifi feature Gaggenau appliance packages, Zenia white oak cabinetry with custom millwork, Taj Mahal stone countertops and islands, and Fantini fixtures in the chef-quality kitchens. Primary baths boast travertine floors and walls, and freestanding soaking tubs, with many offering water views.
“Bay Harbor Island has one of the largest concentrations of mid-century modern homes in the country,” said Linda Zarifi, Founder of Linda Zarifi Design. “Morris Lapidus, the pioneer of this movement, once said, ‘If you create the stage setting and it is grand, everyone who enters will play their part.’ At Indian Creek Residences & Yacht Club, we aimed to do just that: unveil a luxury and dramatic product modernized to 21st century living. Through every surface, material and feature, we push the boundaries of design while revealing something special along the way.”
In addition to expansive, elegant homes, Indian Creek Residences & Yacht Club will offer a comprehensive, resort-style amenities package for residents. The owners’ yacht club and private marina is complete with one shared slip and five available for purchase, dockmaster concierge services and an outdoor lounge with bar. Additional amenities include a world-class spa with sauna and steam rooms, dedicated treatment room and red-light therapy room; state-of-the-art fitness center; outdoor yoga lawn; outdoor waterfront lounge with hot tub; The Parlour, a flexible creative space with a custom wet bar offering personal storage, coffee bar, home office space and entertainment lounge with a high-fidelity audio system; and a 2,600-square-foot landscaped rooftop terrace featuring a pool, private dining area, outdoor kitchen and bar, and outdoor screening pavilion with lounge seating. The building also offers a full-time doorman, resident concierge and 18 private parking spaces.
Renderings via Williams New York
The Perigon Debuts Lavish Tara Bernerd-Designed Sales Gallery on Miami Beach
The Perigon, an elegant diamond-shaped luxury condominium tower designed by international architecture firm OMA, has revealed its newly opened sales gallery in Miami Beach. The sales gallery offers a first look at the intricate and equally striking design elements by Tara Bernerd, one of the most sought-after designers in the world, and emulates the residential experience at The Perigon.
The Perigon, an elegant diamond-shaped luxury condominium tower designed by international architecture firm OMA, has revealed its newly opened sales gallery in Miami Beach. The sales gallery offers a first look at the intricate and equally striking design elements by Tara Bernerd, one of the most sought-after designers in the world, and emulates the residential experience at The Perigon.
“We have seen prodigious interest in The Perigon and expect the momentum to only increase as the sales gallery opens for private appointments., The gallery flawlessly encapsulates the unparalleled sophistication and level of quality, service and design at the property.” said Camilo Miguel, Jr., CEO of Mast Capital. “The tower is the one to watch on Miami Beach; it’s setting a new benchmark for ultra-luxury on the sand.”
Situated at the 1 Hotel at 2377 Collins Avenue, the newly revealed sales gallery showcases The Perigon’s lifestyle, heralded for exclusivity and privacy along the oceanfront of Miami Beach. Guests are treated to first-class hospitality from the moment of arrival, where they are greeted with, a refreshing cold towelette, a glass of Krug champagne as well as a sampling of caviar and teas by Michelin-starred chef Shaun Hergatt, who has curated the condominium’s food and beverage program. The space also offers buyers a first-hand glimpse at The Perigon’s sophisticated, organic, and warm interior design. The natural textures which include pristine marbles and dark bronze accents, were hand selected by the project’s infamous designer, Tara Bernard for The Perigon and present throughout the interiors.
Inspired by the rivieras of Europe, Bernerd created an idyllic setting at the sales gallery for connection and socializing that is true to The Perigon’s lifestyle. An elevated reception area and lounge is reflective of the property’s lobby with soft lighting and warm hues. The lounge was designed to capture the essence of the 40,000 square feet of indoor and outdoor amenities envisioned for The Perigon.
Exemplifying this vision at the gallery is a full bar clad in stone, where baristas will create the experience of The Perigon’s breakfast lounge in the mornings and bartenders will bring the building’s private speakeasy, FiftyThree, to life in the evenings. The Perigon’s oceanfront private restaurant, Nota led by Chef Hergatt, was the inspiration for the color palette of the space, where neutral shades are authentic to the surrounding environment. Additionally, the clean lines of the furnishings channel The Perigon’s sunset lounge, which offers a private space for entertaining.
The sales gallery also provides a sneak peek at the building’s elegant residential interiors. With the focus on craftsmanship and detail, the model kitchen features its open design outfitted with Italian cabinetry custom designed by Bernerd as well as a curved kitchen island featuring hand laid, fluted marble. A model bathroom adorned in marble with bronze fittings and a dramatic free standing fluted soak tub. Select residences feature floor-to-ceiling sliding glass doors showcasing unprecedented views of the Miami skyline and Atlantic Ocean. Artwork adorned throughout the gallery, including a landmark piece by Sterling Ruby, was hand-selected in partnership with Creative Art Partners, marking The Perigon as their debut project in South Florida. Art curation will be an amenity service exclusively available for residents at the property.
On display within the sales gallery is a scale model of The Perigon, highlighting the tower’s architectural design by OMA, another key component to the condominium’s high-end lifestyle. The 17-story building features a bold, terraced design that rises 200 feet above the shoreline and offers 1,250 lineal feet of the tower’s gardens. Conceived as a series of diamond-shaped “towers” rotated to orient and optimizes views from all residences toward the Atlantic Ocean, Biscayne Bay, and the Miami skyline. The design for the interlocking towers will obtain LEED Gold certification when completed.
Nestled along the tranquil stretch of sand between Indian Creek and the Atlantic Ocean, The Perigon at 5333 Collins Avenue is expected to officially break ground toward the end of 2023 and slated for completion in 2026. The tower offers 73 two- to four-bedroom condominiums ranging from 2,100 to 6,700 square feet, with eight private guest suites offered to residents only. Starting at $4.15 million, the residences include the highest quality finishes, direct water views, 10-foot ceiling heights and 10- to 12-foot-deep wraparound balconies. Additional amenities at The Perigon include a private oceanfront restaurant with a five-star chef at the helm, an oceanfront swimming pool with cabanas, a terraced fitness center with water views, as well as a children’s playroom, billiards room, private salon, screening room and more.
The Perigon is a joint venture between Mast Capital, one of South Florida’s most active real estate development and investment firms, and Starwood Capital Group, a leading global private investment firm. Sales and marketing are exclusively managed by Douglas Elliman Development Marketing.
Related Group Unveils Andare Residences By Pininfarina On Fort Lauderdale's Las Olas Boulevard
Related Group (Related), in partnership with legendary Italian design house Pininfarina, is set to launch sales for Andare Residences by Pininfarina (Andare), a recently unveiled boutique condominium development in the heart of Fort Lauderdale's Las Olas Boulevard. Featuring a collection of 163 bespoke residences, the 45-story tower is the first luxury condominium development set to rise above Las Olas Boulevard in nearly 20 years.
Related Group (Related), in partnership with legendary Italian design house Pininfarina, is set to launch sales for Andare Residences by Pininfarina (Andare), a recently unveiled boutique condominium development in the heart of Fort Lauderdale's Las Olas Boulevard. Featuring a collection of 163 bespoke residences, the 45-story tower is the first luxury condominium development set to rise above Las Olas Boulevard in nearly 20 years. Located just two miles from Las Olas Beach, Andare will offer residents the best of coastal and metropolitan living, providing unobstructed ocean views and seamless connectivity to the city’s urban core. Sales officially launch on Wednesday, October 18, with prices starting at $1.6 million for a two-bedroom residence.
"Las Olas embodies timeless allure and urban evolution," shared Nick Pérez, President of Related's Condominium Division. "With a unique pedestrian lifestyle, complete with many culinary and retail gems, Las Olas is now easily Fort Lauderdale's hottest residential market. After years of thoughtful growth, the area is now finally ready for a high-design, service-driven condominium, and we couldn't be more honored to partner with Pininfarina to craft our vision into reality.”
An international icon known for conceiving many of the most beloved designs in automotive history, Pininfarina worked closely with the tower’s architect of record, CFE Architects, and landscape architect, Architectural Alliance Landscaping, to create a cohesive design inspired by the area’s timeless energy and maritime roots. Soaring to over 540 feet in height, Andare is instantly recognizable by its distinctive facade, characterized by undulating wraparound balconies, which lend it a flowing, wave-like appearance.
"The unparalleled location of this property, in the American Riviera, inspired our vision,” said Samuele Sordi, Chief Architect at Pininfarina. "We strived to provide future residents with a living environment that not only pushed the boundaries of design, but also celebrated Las Olas’ rich tapestry of cultural and environmental surroundings. The end result is a tower that serves both as a love letter to Las Olas’ rich history as well as a monument to its promising future.”
Among the biggest priorities for the Andare design team was creating a harmonious marriage between the tower’s ground-floor areas and the pedestrian thoroughfare. To achieve this, Pininfarina and its collaborators encased the tower’s stunning double-height lobby in floor-to-ceiling windows, allowing for the space’s curated museum-quality art and ample biophilic elements to add energy to the exterior paseo. Furthering the connection between Andare and its surroundings is the tower’s signature feature: a striking 36-foot arch that serves as a grand entrance into the tower, while creating a seamless connection with the highly anticipated Tunnel Top Park.
The thoughtful approach to design is reflected within each of Andare’s residences, which range in size from 1,800 to over 4,300 square feet and feature open-concept living areas, floor-to-ceiling windows and spectacular views of the New River and the Atlantic Ocean. Oversized wraparound balconies extend each homes’ footprint and further promote seamless indoor-outdoor living. Residences come equipped with gourmet kitchens with Italian cabinetry and Sub-Zero and Wolf appliances; sprawling spa-inspired bathrooms; the latest smart home technologies and more.
Andare celebrates every facet of urban life with over 35,000 square feet of indoor and outdoor amenities across three floors. The 10th floor is home to a wide range of offerings that prioritize health and wellness including a state-of-the-art fitness center, a pickleball court, and a wellness spa with dedicated salt, sauna, steam and massage rooms, along with both hot and cold plunge pools.
Live, work and play takes center stage on the tower’s 11th floor, which includes a private dining room with a catering kitchen; a Sports Lounge featuring gaming tables and large TVs; an Executive Lounge with private conference rooms ideal for hosting executive meetings or working from home, and a designated resident’s Club Lounge with a Central Bar that offers enchanting ocean views. When residents step outside, they will be met with a true urban oasis that features an outdoor kitchen, two rooftop swimming pools, private cabanas, an expansive sun deck, hot tub, and food and beverage services.
”Las Olas Boulevard has become the heart and soul of Fort Lauderdale as the city evolves from a beach-centric travel destination into a year-round livable urban center,” said Jenni Morejon, President and CEO of the Fort Lauderdale Downtown Development Authority. “With downtown population growth having doubled in the last 10 years, demand is booming for amenity-rich residences like the Andare Residences by Pininfarina. Complemented by more than $100 million of improvements to parks and public spaces in Fort Lauderdale’s urban core, this project will surely help set the tone for the neighborhood’s ongoing evolution.
Situated along a pristine beachfront and approximately two miles to Las Olas Beach, Andare is strategically located at the foot of the Fort Lauderdale Riverwalk expansion at Tunnel Top Park and provides ease of access to the Shops of Las Olas and the downtown Riverwalk District, placing residents at the intersection of culture, commerce and leisure.
Images via ARX Creative
Waldorf Astoria Residences Miami Reveals $50 Million Penthouse
National development and investment firm PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT), have revealed the Penthouse at Waldorf Astoria Residences Miami. The $50 million full-floor penthouse is situated high above the clouds within the architectural marvel’s ninth cube, placing residents at the top of the tallest residential building south of New York City.
National development and investment firm PMG, along with partners Canadian private equity firm Greybrook, global investment company Mohari Hospitality, S2 Development and global hospitality company Hilton (NYSE: HLT), have revealed the Penthouse at Waldorf Astoria Residences Miami. The $50 million full-floor penthouse is situated high above the clouds within the architectural marvel’s ninth cube, placing residents at the top of the tallest residential building south of New York City. The Penthouse encompasses 13,119 square feet of customizable living space adorned with a private gym, theatre, wine room, library, spa, pool and enclosed balconies which will deliver 360-degree views of Miami Beach, Downtown Miami, and the Atlantic Ocean. PMG Residential holds the exclusive listing for the residence.
“The Penthouse at Waldorf Astoria Residences Miami is the city’s most unique penthouse offering, setting the bar for sky-high luxury living with its contemporary design and sweeping views. The magnificent residence within Miami’s first Waldorf Astoria grants owners the ability to create a custom home to fit each and every need. Beyond their personal residence, owners will have access to five-star concierge services and a superb suite of private residential amenities within the tower, which will be a landmark structure shaping Miami’s skyline,” said Ryan Shear, Managing Partner at PMG.
Envisioned by award-winning interior design firm BAMO, concept renderings for the open-layout residence feature 6 bedrooms and 9 bathrooms, with expansive floor-to-ceiling windows and an immense level of privacy at the top of Miami’s first Waldorf Astoria property. Owners have the option to curate entertainment spaces across multiple sitting and dining rooms. Additional features include a modern kitchen with sleek, bespoke finishes; an expansive primary suite with premium walk-in closets; custom Italian vanities with marble finishes within each bathroom; and the ability to create spaces such as a personal gym. Smart home technology within the home provides the ability for seamless personalization and convenience.
Waldorf Astoria Residences Miami is an architecturally awe-inspiring tower that features nine spiraling, offset glass cubes designed to be evenly stacked and wrapped in what can be referred to as a “glass skin,” distinguishing the property’s architecture from anything else on the East Coast. With concept design led by Sieger Suarez Architects, in collaboration with renowned architect Carlos Ott, the 1,049 foot tower will consist of 360 private residences in addition to 205 guestrooms and suites within the luxury hotel, which will be in the first three cubes of the tower along with the hotel’s signature spaces and private amenities.
Hotel guests and residents will have access to the Waldorf Astoria brand’s world-famous Peacock Alley; a specialty restaurant; indoor/outdoor pre-function and function event spaces; meetings and boardrooms; a resort-style pool deck with private cabanas; and a holistic wellness spa and fitness center. Private residential amenities will include an owners-only lobby and lounge; hospitality suite for chef’s tastings and intimate soirees; billiard room; kid’s club; and elevated pool deck. Each residence will include the latest smart-home technology with custom mobile app access to concierge services. The app will feature a full menu of available offerings, including dining reservations, 24/7 room service, spa, and fitness treatments, house car reservations, access to valet service, package delivery, and dog walking services. Waldorf Astoria Residences Miami will be managed by Hilton Management Services, providing residents and guests alike a truly refined haven through the brand’s relentless commitment to personalized service and best-in-class experiences.
Renderings via Arx Creative
Lefferts Tops Off 72 Miami Beach Short-Term Rental Luxury Condo '72 Park'
Lefferts, a NYC and Miami-based real estate development firm, has topped off of its new luxury Miami Beach condominium, 72 Park, on Wednesday, September 13. Slated for completion in summer 2024, the 22-story project designed by national architecture firm Built Form with interiors and landscapes designed by Urban Robots Associates, will be the first new luxury tower on Miami Beach to permit short-term rentals.
Lefferts, a NYC and Miami-based real estate development firm, has topped off of its new luxury Miami Beach condominium, 72 Park, on Wednesday, September 13. Slated for completion in summer 2024, the 22-story project designed by national architecture firm Built Form with interiors and landscapes designed by Urban Robots Associates, will be the first new luxury tower on Miami Beach to permit short-term rentals.
Located at 580 72nd St., 72 Park will offer 206 units ranging from 470 to 1,177 square feet. Cervera Real Estate is the exclusive sales team, with available inventory starting at the $700,000s. Cervera Real Estate is the exclusive sales and marketing partner for 72 Park. The luxury mixed-use condominium will also offer 10,000 square feet of prime, ground-floor retail space, with tenants including New York Staple Roberta’s, a Michelin Bib Gourmand restaurant from co-founder Brandon Hoy and two-Michelin-starred chef and co-founder Carlo Mirarchi.
Located ust south of Surfside, the stunning 22-story project by national architecture firm Built Form is centrally located within a pedestrian-friendly neighborhood where residents and guests can enjoy the best of both worlds: a peaceful, charming beachside community alongside the excitement of Miami Beach with instant access to recreation, restaurants, retail, music, arts and culture. When complete, the luxury tower will offer residents spectacular 360-degree views extending from the Atlantic Ocean to the Intracoastal Waterway, including Downtown Miami.
The luxury condominium is conveniently located on the park, just steps away from the beach, the Miami Beach Tennis Academy; North Shore Park, a sprawling indoor and outdoor sports and recreation complex featuring 12 tennis courts, pickleball and two baseball fields; the Miami Beach Bandshell outdoor amphitheater; a historic cultural center; Normandy Shores Golf Club; and the new Miami Beach Aquatic Center and Park, which will house an Olympic-size pool, a community library, a fitness center, a three-acre park and 10,000 square feet of retail. Beach service is provided for residents, including transportation and complimentary use of recreational equipment such as Boogie Boards, paddleboards, bikes and more.
Residents will have access to 64,000 square feet of luxurious amenities for residents, including an expansive 35,000-square-foot amenity deck with nearly an acre of lush, tropical landscaping; a 150-foot-long resort-style pool with cabanas; a bar and lounge with indoor-outdoor seating; a state-of-the-art fitness center with yoga lounge; 24/7 coworking lounge with private “pods”; kids playroom; private outdoor barbecue area; a private rooftop featuring a sun deck with dining areas and grills; and an outdoor screening area for movie nights and sporting events.
Other building features include a double-height lobby with wrap-around floor-to-ceiling windows showcasing 8,500 square feet of prime, ground-floor retail space, including the forthcoming Roberta’s restaurant and pizzeria by two-Michelin-starred chef Carlo Mirarchi.
The project at 72 Park is one of four residential developments Lefferts is spearheading as part of its long-term commitment to revitalizing this Miami Beach neighborhood and ushering in a new era of investment and growth for one of the most desirable oceanfront communities. The firm is applying its more than 20 years of residential and commercial real estate expertise to revitalize the heart of Miami Beach, located just south of Bal Harbour and Surfside and north of the iconic Fontainebleau Miami Beach. The pedestrian-friendly neighborhood is within walking distance of the beach and features Miami Modernist (MiMo) architecture and ample green space, including North Shore Open Space Park, the largest park in Miami Beach, which recently underwent a multimillion-dollar renovation.
Cervera Real Estate Hosts Agent Event at LOFTY Brickell YUPIX Experience in Wynwood
A distinguished group of about 35 Miami real estate agents gathered for an afternoon of networking and knowledge sharing at the YUPIX headquarters in Miami’s Wynwood district. The agents experienced meta-reality tours of LOFTY Brickell, the most elevated offering in Newgard Development Group’s flexible ownership concept.
A distinguished group of about 35 Miami real estate agents gathered for an afternoon of networking and knowledge sharing at the YUPIX headquarters in Miami’s Wynwood district. The agents experienced meta-reality tours of LOFTY Brickell, the most elevated offering in Newgard Development Group’s flexible ownership concept.
Cervera Real Estate hosted the private event held on Aug. 30. A handful of speakers shared their secrets for creating more listings, best practices in pre-construction sales strategies and ways to achieve more consistent closings. Cervera agent Dali Hernandez gave a presentation on LOFTY Brickell, Newgard’s 44-story luxury condominium project under development on the Miami River. Cervera is the project’s exclusive sales and marketing representative.
The attending agents also had a chance to experience the meta-reality tour of LOFTY, utilizing technology developed by YUPIX. The technology was designed to give prospective buyers an immersive feel for the finished product. Several buyers have credited the tours for confirming their decision to purchase a unit in the building.
“Buyers are increasingly becoming more discerning when deciding between residential projects,” said Hernandez, a member of the LOFTY sales team. “Having the ability to take someone inside a luxury building long before it is completed creates a competitive edge.”
Designed by Arquitectonica, the 362-unit LOFTY Brickell is 92% sold, with only a handful of penthouse residences available for purchase. The Signature Penthouse Collection offers spacious two, three and three-bedroom plus den units that will be curated and furnished by revered design firm Artefacto. Starting at $2 million, they represent the best value in penthouse homes in the Brickell submarket.
Located across from Brickell City Centre, LOFTY is the next evolution of condominium ownership. It brings a 5-star alternative for the owner and traveler who prefers to stay and own differently – yet does not want to compromise on hotel services and amenities. Each residence will be delivered fully finished and furnished and, with professional management, will permit short-term rentals.
GFO Investments Launches Sales at Gale Hotel & Residences In Downtown Miami
Gale Hotel & Residences Miami has launched sales of their fully approved short-term rental building in Downtown Miami with pricing starting in the mid $400K’s. The project located at 601 First Avenue in Downtown Miami is a flagship project developed by hospitality entrepreneur Keith Menin along with Marisa Galbut, through their development firm, Sixth Street Miami Partners LLC, by GFO Investments.
Gale Hotel & Residences Miami has launched sales of their fully approved short-term rental building in Downtown Miami with pricing starting in the mid $400K’s. The project located at 601 NE First Avenue in Downtown Miami is a flagship project developed by hospitality entrepreneur Keith Menin along with Marisa Galbut, through their development firm, Sixth Street Miami Partners LLC, by GFO Investments. Cervera Real Estate is the exclusive sales and marketing team for the development.
“Gale Hotel & Residences Miami is a landmark project for our team,” says Keith Menin of Sixth Street Miami Partners LLC. and Menin Hospitality. “We are thrilled to have incredible continued success with the Gale brand and couldn’t think of a better time to launch this residential and hotel offering. It’s a one-of-a-kind development in Downtown Miami that will fill a gap in the market and open early next year, offering not only an amazing hotel, but services and a concierge program that will connect residents and guests to incredible experiences all around them.”
Fully approved as a short-term rental and hotel building, the development offers studio, 1- and 2- bedroom units ranging from 410 to 910 square feet, with prices ranging from the mid $400’s to over $1 million. In addition to its strategic location near Miami Worldcenter just steps away from all Downtown Miami has to offer, the hotel units will be listed on over 75 homesharing and hotel listing websites through Gale Hotel & Residences Miami distribution system. The developers have forged relationships with key organizations and groups in the area to provide top concierge offerings such as transportation to and from Port of Miami, Brightline, Kaseya Center, Adrienne Archst Center and more. Through Menin Hospitality owners and guests at Gale Hotel & Residences Miami will also have access to a beach club and hospitality pass.
“Downtown Miami’s growth is not slowing down. Evidence of that comes with the recent announcement of the new restaurant and retail outlets at Miami Worldcenter slated to open simultaneously with the delivery of a fully-finished Gale Hotel & Residences Miami. We couldn't be more eager to take advantage of this momentum and excitement in this evolving city,” says Alicia Cervera of Cervera Real Estate. “Buyers are searching to own a piece of Miami that connects them to everything from ‘sports to ports’ and beyond. There’s never been a more perfect time to own real estate in a thriving Downtown that is truly finding its identity as a cultural and entertainment mecca.”
Joint amenity spaces between Gale Miami Hotel and Residences and Nativo™ Miami span an impressive 70,000 square feet across three floors. Overlooking panoramic views of Biscayne Bay and the Miami skyline, the project will feature multiple full-service restaurants, including Menin Hospitality’s Bodega Taqueria y Tequila, and bars on the same level as the exotic resort pool with pool-side cabanas. Inside, a kids-focused playroom and multitude of event spaces can be reserved and utilized by residents and guests alike. For business needs, there is a full dedicated floor equipped with video-capable conference rooms featuring cutting-edge technology and promoting connectivity, in addition to flexible ballrooms, multiple private meeting rooms and breakout areas catering to those seeking versatile event spaces.
The development features a variety of wellness amenities, catered to those looking to achieve a healthier lifestyle and prioritize their well-being while on-the-go. In addition to its state-of-the-art fitness facility, owners and guests will find a yoga lounge and terrace, steam room, sauna, hammam, and spa with massage and treatment rooms, for their comprehensive health and wellness needs. For a post-workout refreshment, there's a juice bar to provide a revitalizing boost.
Additionally, Gale Hotel & Residences Miami features cutting-edge green technology, hosting “smart building” features that include ultra-high-speed internet access, wiring for HDTV, and multiple telephone data lines. Other luxurious amenities include a 24-hour attended lobby with a lounge that welcomes residents and guests, along with 24-hour valet parking for convenience at every hour. Notably, the ground floor encompasses 9,000 square feet of restaurant space, which includes an outdoor garden and the exclusive street-front dining destination, Bodega Taqueria, curated by Menin Hospitality. Private beach club access on Miami Beach and a convenient shuttle service further enhances the overall experience for residents and guests.
The project’s architect, Arquitectonica, has collaborated with Urban Robot for interior design and landscape architecture to create a true mixed-use project to create a landmark building in the heart of Downtown Miami. Gale Hotel & Residences Miami’s design offers panoramic ocean views juxtaposed with the expanding skyline of Biscayne Bay and Miami while being poised in a Downtown walkable hub.
Renderings via Elephant Skin
LOFTY Brickell Commissions Two More Artists For Its Rare NFT Collective To Be Gifted To Buyers At Closing
Forward-thinking real estate developer Newgard Development Group has commissioned two additional artists to create one-of-a-kind NFT pieces for its LOFTY Brickell condominium project. Newgard is integrating digital art into the DNA of the new residential building while transferring ownership of a custom NFT to each unit owner.
Forward-thinking real estate developer Newgard Development Group has commissioned two additional artists to create one-of-a-kind NFT pieces for its LOFTY Brickell condominium project. Newgard is integrating digital art into the DNA of the new residential building while transferring ownership of a custom NFT to each unit owner.
The NFT Collective launched in March 2022 with Miami-based multi-disciplinary artist Carlos Betancourt, who is creating a unique digital art piece for buyers of studio and one-bedroom units. The two new Miami artists—Douglas Hoekzema, known professionally as HOXXOH, and E-uphoria by Alessia Moccia, will create NFTs for buyers of two-bedroom units and penthouse residences, respectively. Newgard partnered with the New York-based art consulting group Indiewalls to curate the artists.
“This is the first time we know of where a condominium will display a commissioned NFT collection throughout the entire building, and the first-time owners will receive a unique digital art piece when they purchase their units,” said Newgard CEO Harvey Hernandez. “Each piece is inspired by Miami’s history, diversity and incredible energy, taking you into an immersive experience of time, culture, lifestyle and awakening of the city.”
HOXXOH’s artwork focuses on the relationship between man and time, depicting time as a sweet ride that flows, mixing spontaneously with precision. His work is ever-evolving in style, emphasizing mark-making and color to give life to fluid painterly shapes and patterns embedded in a philosophical approach. Through repetitions and analyses, he has managed to recreate the characteristic harmony of contingency, revealing the aesthetic qualities of controlled chaos.
He has created a piece called Blue Fountain for the LOFTY buyers.
“It is fascinating to see how the NFT marketplace helps artists find their own lane through digital art,” said HOXXOH. “As Lofty Brickell launches a limited collection of elevated residences through a collective of globally renowned designers, architects, and artists, I can’t help but find a certain symbiosis with our collaboration on the upcoming exclusive NFT release.”
E-uphoria by Alessia Moccia is one of a growing number of female street photographers making a name for themselves. Also, an NFT collector, she brings a unique perspective to the genre with her dreamlike and distinct imagery. She takes the ordinary and turns it into the extraordinary, infusing her compositions with galaxies, moons and planets to create surreal and captivating scenes.
Her NFT art piece for penthouse buyers is called Rest in Glow.
"Integrating NFT art into a luxury building is like adding a touch of enchantment to elevate the experience of living to a whole new level. It's a beautiful way to capture the essence of art and technology, and create a truly mesmerizing living space,” Moccia said.
Originally from Rome, Moccia now spends her time between Miami and New York. She won an Honorable Mention at the 2022 International Photography Awards.
LOFTY is a 44-story waterfront luxury condominium high-rise under development on the Miami River in the heart of Miami’s financial district. It is the most elevated offering in Newgard’s flexible ownership concept. At over 92% sold, LOFTY is already one of the Miami condo market’s most successful projects under development.
Designed by Arquitectonica, the 362-unit LOFTY features 309 tower residences including studio, one- and two-bedroom units that will be furnished by INC. They sit alongside 40,000 square feet of thoughtfully curated amenities, including a private marina, a members-only social club, resort pool deck and fitness center, indoor cigar lounge, co-working lounge and meeting rooms.
With tower units sold out, just a few residences in the LOFTY Signature Penthouse Collection remain available for purchase. The Signature Penthouse Collection offers spacious two, three, and three-bedroom plus den residences that will be curated and furnished by revered design firm Artefacto. Starting at $2.2 million, they represent the best value in penthouse homes in the Brickell submarket.
Located across from Brickell City Centre, LOFTY is the next evolution of condominium ownership. It brings a 5-star alternative for the owner and traveler who prefers to stay and own differently – yet does not want to compromise on hotel services and amenities. Each residence will be delivered fully finished and furnished and, with professional management, will permit short-term rentals.
Cervera Real Estate serves as the exclusive sales and marketing partner for LOFTY Brickell.
LOFTY Brickell is located at 99 SW Seventh St., Miami, FL 33130. For more information and updates, visit www.LoftyBrickell.com.
As leaders in residential and hospitality lifestyle development across the US, Newgard Development Group represents 50 plus years of innovative real estate design, marketing, and construction - assuring excellence from concept to completion. With a forward-thinking approach to development and architecture, Newgard transforms the way buildings and spaces come to life with a passionate commitment to enhancing and elevating its surrounding communities. CEO, founder and visionary, Harvey Hernandez, has fueled Newgard’s projects, from luxury buildings with cutting-edge amenities, to revitalizing high-end residential markets and pioneering the category of flexible ownership. Newgard has developed and managed projects ranging from $20 million to $500 million in key markets with a focus on Florida, Texas, and Tennessee. Recent notable projects include Lofty Brickell, Natiivo Austin, Natiivo Miami, Gale Residences Ft. Lauderdale Beach, Gale Hotel, BrickellHouse, Centro and One Flagler, among others.
Mast Capital and BH Group have announced Raffles Residences Coconut Grove, the brand’s first standalone residential development, with 35 homes from $4.5 million and architecture by Brandon Haw.