Melo Group Reveals Miami Plaza & Art Plaza In Fast Rising Arts + Entertainment District

Melo Group, one of Miami's leading real estate developers, has fully committed to the quickly transforming Arts + Entertainment District, formally Omni District, in Downtown Miami. After delivering Melody Tower in 2016, their Square Station development, which is nearing completion, will help reinvigorate the once desolate area by bringing 710-units over 2 towers. Other major developments in recent years include NR Investment's nearly-completed CANVAS and Filling Station Lofts. Melo Group has now revealed their plans for the proposed Miami Plaza and Art Plaza in the fast rising Arts + Entertainment District. Miami Plaza, located at 1502 Northeast Miami Place, would rise 35-stories, 350', and would feature 425 apartments with easy access to the MetroMover. The project would also bring 5,064 SF of retail to the area and 508 parking spaces. Art Plaza would feature 2 twin 33-story, 325' towers across the street from Square Station at 58 NE 14th Street. The project would bring 655 apartments and 14,599 SF of retail to the district along with 886 parking spaces. The tower is seeking a 19% parking reduction request. In all, Melo Group wants to bring 1,790 units to the Arts + Entertainment District and both projects were up for review by Miami's Urban Development Review Board on November 29, 2017.  

The Broadway Malyan-Designed Cruise Ship Terminal For Royal Caribbean's Symphony of The Seas Is Taking Form In PortMiami

Royal Caribbean's new state-of-the-art cruise ship terminal for Symphony of the Seas, the world's largest cruise ship, is rising fast in PortMiami. Framing of the 170,000 SF, Broadway Malyan-design is already complete and the project is expected to be completed and operating by November 2018. In total Costs for the project are estimated to be in excess of $200 million. Royal Caribbean's Allure of the Seas, which has previously held the title of world's largest cruise ship, will also be based at the terminal.

Heart Nightclub Sues City of Miami & Its Residents Over Enforcement of Noise Ordinance

Tensions are rising in the Park West neighborhood as Heart Nightclub has sued the City of Miami and its residents over conspiring to shut down the entertainment district. For years residents at some of Downtown Miami's most luxurious buildings including Marquis, Ten Museum Park, and 900 Biscayne have complained about noise from the 24-7 nightclubs located behind. Heart, Club Space, The Hanger and E11even, amongst others, have drawn late night crowds to the area for years. The city began enforcing citations over Memorial Day Weekend of this year and the clubs have since made efforts to reduce noise. Despite that, the area, which was once a desolate filled with homeless, crime and empty lots has transformed into the premier neighborhood in downtown. The ultra-luxurious One Thousand Museum will open next year, followed by PARAMOUNT Miami Worldcenter. On the other flank, MiamiCentral will bring a major transport hub with retail and dining. Residential populations, prices, and retail locations are all rising fast and residents feel that 24-7 clubs can at times be way to loud. The newer construction E11even, which is one of Miami's most popular hotspots, suppresses the noise extremely well but Heart and Club Space can become extremely loud at times as late as 6:30 am including a rooftop terrace which residents want enclosed; Heart estimates the cost would be over $1 million.  

Zaha Hadid's One Thousand Museum Reveals First Look At Uber-Luxe Model Residence Designed By Artefacto

Zaha Hadid's One Thousand Museum has revealed the first look at their uber-luxe "preview residence" furnished by Miami-based Brazilian furnishing brand, Artefacto and designed by Joao Armentano. Artefacto outfitted the fully-built out 17th floor's interiors, fusing Zaha’s futuristic aesthetic with the brand’s signature Brazilian approach to contemporary design. Paulo Bacchi, President and CEO of Artefacto, hand selected items from the brand’s newest collection, which just hit showrooms this summer in celebration of their 15th anniversary. The 4,635 SF residence features 4 bedrooms and 5 bathrooms with a half-bath. The unit features elegant and timeless warm tones and clean lines to complement the building’s curvaceous architecture, floor-to-ceiling windows overlooking the bay and Museum Park, and an impressive art collection curated by Sarah Jane Bruce (SJB Fine Art Services) and Flavia Masetto (Flavia Masetto Fine Arts). Once completed the residence sold within days for $6.8 million. 

The 62-story One Thousand Museum by Zaha Hadid Architects is on track for delivery in 2018. The building is Zaha Hadid's first residential skyscraper in the western hemisphere and is being developed by Louis Birdman, Gregg Covin, Kevin Venger and the Regalia Group with Plaza Construction as the general contractor. One Thousand Museum's design features an exoskeleton design which acts as the buildings structural support. This allows the developer to remove columns from the units, creating expansive glass views of Biscayne Bay. The tower will feature only 83 units ranging from $5.5 million to over $20 million and 4,600 SF to over 10,000 SF. Amenities will include Miami's only private rooftop helipad, state-of-the-art fitness center, spa, two pools, indoor aquatic center, and a sky lounge. Check-out our PROFILE Exclusive interview with developer Louis Birdman for an inside look at bringing the futuristic tower to fruition.

Photography by Robin Hill Photography

Featured Listing: Step Inside A Modern, Luxe Loft In Downtown Miami With Drop Dead Beautiful Views of Biscayne Bay

Step inside of a truly modern loft with drop dead gorgeous views of Biscayne Bay located in the luxurious Ten Museum Park in Downtown Miami. Unit 1103 which just hit the market is a 2 story, 2 bedroom residence with 2 full bathrooms, 1 half-bath and soaring 20' ceilings. The meticulously finished unit comes partially furnished and features mirrored dining room, custom kitchen island, Sub-Zero & Bosch stainless steel-appliances, recessed lighting, custom motorized black out shades, floating staircase and an oversized private balcony. Downstairs features the main living room, dining room, kitchen and en-suite second bedroom with walk-in closet that can be used as an office or media room. Upstairs, a lavish Master Suite features views of Biscayne Bay you can enjoy from bed as well as a luxurious master-bath with a 360-degree glass shower and double sinks. Ten Museum Park features a state-of-the-art 20,000 SF spa complete with steam room & sauna, 5 pools, fitness & yoga center, 24 hour security and valet. 1040 Biscayne Blvd. Unit 1103 is currently listed for $1,050,000 with Demetri Demascus of Spectrum Realty Group. 

Construction Update: Metronomic's Crowdfunded Plaza Celia Breaks Ground in Little Havana

Plaza Celia, a new boutique mixed-use apartment building in Little Havana named after the late Cuban-born singer Celia Cruz, has officially broken ground. Plaza Celia will rise 4-stories and will feature 16 rental apartment rental units targeted at students and the local workforce with ground-floor retail. Units will come in 1 and 2-bedroom floor-plans and will range in size from 700 SF to 905 SF. Plaza Celia is located at 2640 SW 12th Street and is being developed by Metronomic, Inc. Metronomic, Inc. has been making waves in recent years with their business model of crowdfunding projects. Currently, Metronomic has 2 projects under development via crowdfunding, GroveHaus in Coconut Grove and Plaza Celia. Essentially, Metronomic identifies a development and goes under-contract for the land while developing the project. They then advertise the project on their crowdfunding platform to raise commitments for the crowdfunded financing from individual investors. Once they reach their dollar goal of crowdfunded investment, Metronomic simultaneously closes on the land, crowdfunded financing and additional financing previously committed by private lenders. In 2013 the Securities and Exchange Commission opened the prospects of crowdfunding to real estate investors via the JOBS Act. The JOBS Act stipulates that developers can solicit funds from the public, provided that the investors are accredited, meaning that they have a newt worth over $1 million or make in excess of $200,000 annually. Construction on Plaza Celia is expected to wrap up in Q4 2018. 

Drama Heating Up Over Downtown's Proposed $800 Million Signature Bridge For I-395

The drama continues to heat up over the design and construction of Downtown Miami's proposed and approved, $800 million Signature Bridge, which would transform I-395. A Miami-Dade judge denied a motion by FDOT to dismiss a lawsuit filed by former Miami City Commissioner Marc Sarnoff, who challenged the state's controversial choice of the $800 million "The Fountain" design by Archer Western and The de Moya Group. Sarnoff was a major advocate to get the bridge redesign approved, working with Miami Mayor Tomas Regalado to hold FDOT to their pledge to include the Signature Bridge as part of I-395's replacement. Sarnoff's case alleges that FDOT violated their settlement agreement via their handling of bids to design and build the bridge by manipulating scoring to allow the Archer Western and The de Moya Group's proposal to win. Another design by contractors Fluor, Astaldi and MCM, which finished in second, was allegedly the favorite design by community representatives. In their motion to dismiss, FDOT argued that the court venue was improper as another case is currently under review by Florida's Division of Administrative Hearings. That case is scheduled to be heard in November and December of this year (2017). Check-out the winning bid, "The Fountain" by Archer Western and The de Moya Group here.  

300 Biscayne Officially Launches Website, Reveals More Renderings of Skyline Changing Tower

Earlier this week PROFILEmiami reported that Property Markets Group (PMG) had released the first rendering of 300 Biscayne, their new, secretive, supertall residential tower in Downtown Miami. The renderings and information continues to flow in as PMG has now officially launched the teaser website for the tower and has released new renderings showing a futuristic design. 300 Biscayne will rise 1,041' and when completed will be Miami's tallest tower and the tallest residential tower south of Manhattan. As PMG states, 300 Biscayne will be “Redefining Miami’s Skyline Soon.” The tower will feature a five star hotel and branded condominium residences. Amenities will include the "wellness-focused" spa designed by Dr. Deepak Chopra which is rumored to be the second of its kind with a focus on "healthy living." Dr. Deepak Chopra also worked with PMG to finish 7 units at their luxury residential tower in Sunny Isles, Muse. A 20,000 SF, high-tech "experience center" (sales center) is currently under construction on the site which will include a pop-up restaurant. Sales of 300 Biscayne are expected to launch in 2018. PMG has been careful to keep most information around this project under wraps and PROFILEmiami will bring you the latest updates as they are released. 

PMG Reveals 300 Biscayne Which Is Set To Become Miami's Tallest Tower

Property Markets Group (PMG) has unveiled 300 Biscayne, which is set to become Miami's tallest tower. 300 Biscayne will rise 1,041' and will feature both an ultra-luxury hotel and branded luxury condominium residences. The developer will build a 20,000 SF, high-tech "experience center" that promises an "unforgettable experience," according to PMG Principal Ryan Shear. The sales center will feature visual and tactile features unique to the sales center to set the project apart from others including a pop-up restaurant. 

“Miami has an abundance of impressive sales centers, making it increasingly difficult to create something unique. So we decided to do something different. We hired a group who works with progressive companies like Apple and Disney on the design experience and tech side, put them in a room with world-renowned designers and architects and directed them to create something new,” said Ryan Shear, Principal of PMG. 

NR Investments Successfully Rezones Plot For Carlos Zapata-Designed Tower in Miami's Arts + Entertainment District

NR Investments Successfully has successfully rezoned a plot in Miami's Arts + Entertainment District, which they created and have been developing with neighborhood changing projects like CANVAS and Filling Station Lofts. On October 16, Miami’s Planning, Zoning, and Appeals Board gave the approval for NR Investments to develop a 45-story, 457-unit condominium project designed by Carlos Zapata at 31 Northeast 14th Street. NR Investments was also able to rezone land for another 11-story tower at the site which will feature an additional 150 hotel rooms and 30,000 SF of office space. Another 30-story tower also is also being planned by NR Investments at 70 NE 17th Street which will feature 225 residential units and 8,000 SF of retail and office space and was approved by the city during the same meeting. Check-out our PROFILE Exclusive Interview with Ron Gottesmann and Nir Shoshani, founders of NR Investments and the Miami Arts + Entertainment District.