Quadrum Global Reveals NBWW Architects-Designed Arlo Wynwood Hotel

Construction permits are now pending for the planned 217-key, 9-story hotel Arlo Wynwood, designed by Nichols Brosch Wurst Wolfe & Associates Architects (NBWW) at 2217 & 2233 Northwest Miami Court. The boutique hotel, which is being developed by Quadrum Global, will offer “pod” style micro-rooms along with featuring a fitness center, yoga deck, valet parking, restaurants, bars and an urban event venue. Arlo Wynwood will offer 141,758 SF of total development. The interior of the building will feature a landscaped courtyard as well as an outdoor gallery for large art displays and an amphitheater. The building will feature finishes including exposed concrete and structural metal beams along with wood and glass with tropical landscaping. Quadrum Global purchased the 30,000 SF lot for $8.55 million in November 2018.

Blue Jay Capital Gearing Up To Break Ground On Virgin Hotels Brickell Tower With Co-Living

Blue Jay Capital is getting ready to break ground on a 40-story hotel project at 1040 S. Miami Ave. which will be Miami’s first Virgin Hotels location with a second location planned for South Beach. Virgin Hotels Brickell Tower is designed by the Atlanta-based BLUR Workshop. The Brickell property will feature 250 hotel rooms, 150 residential units, a 3-story terraced rooftop lounge with pool, library, coffee shop, beer garden, live music venue, spa, restaurant, bar, social club and 15,000 SF of meeting and event space. The residential component will offer micro units, some of which will be under 400 SF, as well as co-living units with 3-4 bedrooms. The hotel and residential components will share the amenities. Groundbreaking is expected for 2020 with an expected completion date in 2023.

The Arquitectonica-Designed Short Term Rental Project Natiivo In Downtown Miami Reveals New Renderings

Harvey Hernandez’s Newgard Development’s NGD Homesharing and Russell Galbut’s Crescent Heights have revealed new renderings of the Arquitectonica-designed Natiivo, a 50-story tower planned in Downtown Miami next to Miami WorldCenter. The development team plans to break ground within the next few months with an expected completion date in 2022. The project, which will also feature interiors by Urban Robot, will be “powered by AirBNB” and will feature units specially designed to operate short term rentals. Natiivo will be comprised of 604 units, 400 of which will be sold to investors and 200 will be held by the developers to rent out via short term rentals. Residences are expected to be priced from $300,000 to $1.2 million with the sales overseen by Cervera Real Estate. Natiivo has partnered with AirBNB, a first for Miami, and will have the structure to operate the residences on behalf of owners. Check-ins will be keyless through an app and the building will also offer on-site dog walking services. The structure is expected to look like a 25% fee for management and 3% AirBNB listing fee. The development partnership is also planning Niido, another AirBNB homesharing tower in Edgewater.

Brickell Hotel Project Featuring AC Hotel By Marriott & Element By Westin Receives Construction Permits & Financing

A 24-story Brickell hotel project being developed by Robert Finvarb, which will feature both an AC Hotel By Marriott and the Element By Westin, has received its construction permits and financing. The development, which was designed by Arquitectonica, will feature a 264 key hotel component split between the 2 brands, 23,000 SF of retail, a rooftop lounge and 60 parking spaces. Construction financing came in the form of $67 million from City National Bank and $29 million in mezzanine financing from Summit Hotel Properties, the later of which will have the option to purchase the hotel from the developer.

Terranova Reveals Arquitectonica-Designed Hotel On Coral Gables' Miracle Mile

Terranova Corporation has revealed a new hotel design by Arquitectonica which has been proposed on Coral Gables’ Miracle Mile. The design was influenced by Mediterranean architecture and the historic Biltmore Hotel. The hotel will offer 120 hotel rooms and 36,778 SF of ground floor retail which will also feature restaurant space. The developers are currently seeking a waiver from the city to build the project without a parking component and the proposal will go in front of the Coral Gables Development Review Committee on July 26, 2019.

Rieber Developments Closes On $36 Million Construction Loan For Ivory 214

The Aventura-based Rieber Developments has announced that they have closed on a $36 million construction loan for Ivory 214. The loan was provided by the Miami-based BridgeInvest and was formally granted to the property’s development LLC, Shalev Development Group. Ivory 214 is already under construction after general contractor Winmar Construction, an affiliate of Coastal Construction, broke ground in March 2018 and is on schedule to complete the project in the first quarter of 2020.

When complete Ivory 21 will be a 10-story medical and professional office building with an accompanying Tapestry Collection by Hilton™ hotel. Along with its recently announced sister project, 12|12 Aventura, the projects will serve as the epicenter of the ‘Aventura Medical District.’ Ivory 214 is a Class A+, state-of-the-art facility featuring an independent hotel and medical office space. The contemporary building is comprised of 10,942 SF of retail, 38,191 SF of offices, 100 hotel rooms, and 313 parking spaces.

The significant project milestone comes on the heels of the extraordinary sales interest for the project’s office condos, which has just four office spaces remaining, from the original 34. Sales of the Ivory 214 office condos has been led by Cervera Real Estate as the exclusive broker.

“Securing the construction financing for Ivory 214 is an especially proud moment and a key step in delivering this compelling project to Aventura,” said Bernardo Rieber, principal of Rieber Developments. “Today’s closing is an endorsement of the continued strength and market appeal of Ivory 214 as we continue our forward momentum.”

Driftwood Hospitality Management will serve as the hotel operator of the Tapestry Collection by Hilton™ hotel which will feature 100 extended stay rooms complete with kitchenettes, and premium amenities including a fitness center, pool and cabanas, meeting rooms, a lounge area, restaurant and bar, rooftop terrace, valet parking, and 360-degree views of Aventura.

Located at 2820 NE 214 St, Aventura, FL 33180, Ivory 214 boasts a prime central location, less than one mile from Aventura Mall, and directly adjacent to Aventura Hospital.

Newgard Development & Crescent Heights Propose Natiivo Tower In Downtown Miami "Powered By AirBNB"

Harvey Hernandez’s Newgard Development’s NGD Homesharing and Russell Galbut’s Crescent Heights have proposed Natiivo, a 48-story tower planned in Downtown Miami next to Miami WorldCenter. The project, which is designed by Arquitectonica with interiors by Urban Robot, will be “powered by AirBNB” and will feature units specially designed to operate short term rentals. Natiivo will feature 604 units, 400 of which will be sold to investors and 200 will be held by the developers to rent out via short term rentals. Residences are expected to be priced from $300,000 to $1.2 million with the sales overseen by Cervera Real Estate. Natiivo has partnered with AirBNB, a first for Miami, and will have the structure to operate the residences on behalf of owners. Check-ins will be keyless through an app and the building will also offer on-site dog walking services. The structure is expected to look like a 25% fee for management and 3% AirBNB listing fee. The development partnership is also planning Niido, another AirBNB homesharing tower in Edgewater.

Okan Tower Releases First Interior Renderings With Groundbreaking Planned For Late 2019

Turkish developer Okan Group has released the first interior renderings of the Behar Font & Partners-designed Okan Tower in Downtown Miami. The tower is expected to break ground later this year and will rise 70-stories when complete, over 890’. The project is currently 20% sold and will feature 153 condominium units, 236 condo-hotel units, 316 hotel rooms and 64,000 SF of office space, 10,000 SF of restaurant space and a selection of amenities including a rooftop pool. Okan Tower is located at 555 N. Miami Ave. is expected be completed in late 2022.

Avra Jain To Break Ground On 555 River House In January 2020

Avra Jain is planning to break ground on the Carlos Zapata and O’Donnell Dannwolf and Partners-designed 555 River House in January 2020. Located on the Miami River, River House will be a mixed-use development with 39 luxury condos, a 175-key hotel, 120,000 SF of office space and 36,650 SF of commercial space. The hotel will be managed by the New York-based Sixty Hotels and the condos will be under the same brand, both of which will share the amenities. The condominium component is expected to ask around $1,150 PSF, priced between $1 million and $1.5 million. 555 River House will also feature 10 boat slips and a 600’ public river walk.

Sunset Place Redevelopment Proposal Finally Gets Approved By South Miami

Nearly two years after the South Miami voted against the redevelopment of Sunset Place, the city has now approved the proposal after a special commission meeting where the South Miami City Commission voted unanimously to approve ordinances that allow will give the go-ahead to the developers to revitalize the aging mall. A partnership between Federal Realty Investment Trust, Grass River Property and The Comras Company will redevelop the 500,000 SF shopping mall into a mixed-use development with a renovated 440,000 SF mall, 32,000 SF of office space, 2 apartment buildings with 414-units and a 182-room hotel.

The developers have agreed to several climate change resistant modifications to the proposal including rooftop solar panels, a reflective or white roofing system, green roofs and the elimination of underground parking. The developers will also fund $250,000 to the city for a new streetscape on Sunset Drive, $1.5 million for pedestrian safety measures and a public amphitheater.