Arbor in Coconut Grove Relocates Sales Gallery As Construction Prepares For Vertical Rise & Sales Pass 50%
Sales have passed 50% as construction crews prepare to go vertical at Arbor Coconut Grove, where developers Urban Atlantic Group and Oak Ventures have announced a new sales gallery location at 3162 Commodore Plaza.
Sales have passed 50% as construction crews prepare to go vertical at Arbor Coconut Grove, where developers Urban Atlantic Group and Oak Ventures have announced a new sales gallery location at 3162 Commodore Plaza, just blocks from Arbor’s future site. Arbor is inspired by the tree-shaded canopy of the historic surrounding neighborhood, geared toward end-users, particularly those with active lifestyles looking to live within walking distance of area restaurants, recreational facilities and top-rated schools.
“We are excited to reach this next milestone as we come one step closer to delivering Arbor to the community,” said lead developer Nick Hamann, a Coconut Grove resident and Principal with Urban Atlantic Group. “Our buyers are end-users who appreciate the essence of the Grove lifestyle and are looking forward to being long-term members of this vibrant community. We continue to receive a strong response, demonstrating a demand in the market for a mid-scale product that allows residents to connect in a livable space where they can get to know each other.”
“We are excited to reach this next phase of development as construction progresses at Arbor and are looking forward to delivering this special home site that will serve the community for generations to come,” said Jeremy Waks, Principal of Oak Ventures.
The boutique condominium building is an eco-living inspired development that will rise 5-stories and feature 52 units. The building is being designed by Behar Font & Partners with interiors by Samuel Amoia and landscape design by Witkin Hults and Tyler Nielsen. Residences will come in 2 and 3 bedroom layouts and range from 1,474 SF to 2,257 SF and will come delivered with porcelain wood-grain floors and top-of-the-line appliances. Duplex loft and townhome style residences will feature 20' ceilings while the rest of the units will get 10' ceilings. There will also be 4 penthouses with private balconies.
Amenities are designed to complement a well-balanced lifestyle, maximize indoor-outdoor living, and encourage engagement among residents. Amenities include a bicycle share program with an accompanying concierge, a Yoga and Pilates deck, rooftop terrace and outdoor cinema, electric car charging stations, pet walk, hot/ cold delivery storage, and a “backyard” amenity deck with social spaces, a lush courtyard and lap and splash pools.
Units start at $799,000 targeting families that have been priced out of the Coconut Grove market but still want to live in the residential community. Urban Atlantic Group is headed up by Nick Hamann and Oak Ventures by Jeremy Waks. Sales launched in mid-March 2017, overseen by Douglas Elliman as the exclusive sales broker for the project. Completion is expected by early 2019.
Check-out PROFILEmiami's coverage of Arbor Coconut Grove's November 2017 ground breaking
David Beckham's Plans for MLS Stadium Not Going Smoothly
MLS has wanted a stadium in the heart of Miami since the 90s, to build its Latin and youth fan base. There have been several incarnations of professional soccer teams in South Florida, but none managed to navigate the political waters of Miami successfully.
MLS has wanted a stadium in the heart of Miami since the 90s to build its Latin and youth fan base. There have been several incarnations of professional soccer teams in South Florida, but none managed to navigate the political waters of Miami successfully.
Marcelo Claure, CEO of Sprint and Beckham’s partner said, “We have to put the team where it is accessible to them. So many Latin Americans and Europeans live here, it doesn’t seem right that we don’t have a soccer team.”
Beckham partnered with Claure, Jorge and Jose Mas, and Simon Fuller (creator of American Idol) to launch the franchise in January. They face a number of challenges before they can open the stadium, whose opening is scheduled for 2021.
Now, David Beckham is facing opposition not from the city, but from activist and landowner Bruce Matheson. Court records indicate that Matheson sued the county to block the proposed stadium in Overtown, and is now appealing a judge’s ruling that threw out his lawsuit in October. He alleges that Miami-Dade County gave Beckham “a secret discount from the taxpayers” in their no-bid, $9 million deal for three acres of county-owned land.
Beckham’s deal, which was based on appraisals from late 2015, but was approved in 2017, comes out to about $74 a square foot. In 2016, land was selling for $142 per square foot. Commissioners approved the deal, on the condition that Beckham and his partners spend $175 million on the stadium’s construction. Beckham and his partners have yet to close the deal and to secure land-use changes and new zoning.
The residents of Overtown are uneasy in light of community activists posting fake eviction notices in the neighborhood. The notice was actually an ad for a community meeting to discuss the future of public housing around the stadium. Public Housing Director Michael Liu said, “There are no plans to evict. We want to have the best possible housing for people in public housing.” Residents are skeptical, though. The future of Beckham’s MLS Miami stadium is uncertain.
Article by Katya Demina
Tour The Record Breaking Apogee South Beach Penthouse Which Just Sold For $14.8 Million
The ultra-luxury condo market is still alive and well in Miami Beach as the lower penthouse at Apogee South Beach has just closed for $14.8 million. The record breaking number is the highest dollar per SF for a Miami Beach condo since 2015 at $3,562 SF, which is also the highest for the building.
The ultra-luxury condo market is still alive and well in Miami Beach as the lower penthouse at Apogee South Beach has just closed for $14.8 million. The record breaking number is the highest dollar per SF for a Miami Beach condo since 2015 at $3,562 SF, which is also the highest for the building. Located at 800 S Pointe Drive Unit 2104, the penthouse features panoramic views of the Atlantic Ocean, Fisher Island, Governors Cut, Miami Beach and the ever growing Downtown Miami skyline. The unit offers wide-open floor plan and high ceilings throughout to allow for the optimal exposure of the views in every area of the residence. Features include, a chef's kitchen, raked granite and hand-plaster walls, concrete floors, surround-sound system, and split floor plan with a master on one side and 2 guest bedrooms on the other. Outside, the residence features an 11' wide wrap-around terrace totaling 2,441 SF of exterior, featuring private summer kitchen. Adding to the high-end feel of this condo are the private elevator and an air-conditioned 2.5-car garage. Apogee Condominium South Beach offers some of the strictest security in Miami Beach, in addition to top-of-the-line amenities including brand new pool areas and beach service. The penthouse was first listed for $19,975,250 before being reduced to $17,900,000 and finally closing for $14.8 million, listed with Nelson Gonzalez of EWM Realty. The South of Fifth Neighborhood is one of the most prestigious neighborhoods for luxury real estate in Miami Beach and is home to many high end condos including, Apogee South Beach, Continuum South and North, Murano at Portofino, Murano Grande, Glass, Marea, One Ocean Condo, etc. The neighborhood also offers walking distance access to Joe's Stone Crab, Prime 112, Stubborn Seed, Il Mulino, Milos, and Smith and Wollensky, amonst others.
World Cup Soccer Star Miguel Angel Borja Hernandez Purchases Condo In Missoni Baia
Soccer phenomenon Miguel Borja, who was named South America's "Football of the Year" in 2016, has purchased a north facing, luxury waterfront condominium at Missoni Baia. The 57-story high-rise is being developed by OKO Group and headed by international real estate magnate, Vladislav Doronin.
Soccer phenomenon Miguel Borja, who was named South America's "Football of the Year" in 2016, has purchased a north facing, luxury waterfront condominium at Missoni Baia. The 57-story high-rise, developed by OKO Group and headed by international real estate magnate, Vladislav Doronin, is the first-ever branded residences from the legendary Italian fashion and design house, Missoni, revered by Brazilians and the world’s most stylish.
Borja who plays forward for the Brazilian club Sociedade Esportiva Palmeiras is the fourth highest paid soccer player in Brazil. As a native of Colombia, has enjoyed an illustrious career competing in the 2016 Summer Olympics in Brazil for the Colombian national team, placing seventh in the games before being eliminated in the quarter finals. Borja was crowned South America’s “Footballer of the Year” in 2016, a prestigious title shared by a storied list of iconic players such as Pelé, Neymar and Ronaldinho. In June he will play for the Colombian national team at the upcoming FIFA World Cup in Russia.
“What attracted me to Missoni Baia is the fact that I don’t have to leave my home if I want to enjoy a fun day with my kids at the swimming pool, or work out at the gym or unwind in the spa,” said Borja. “The Edgewater neighborhood not only enjoys a central location and beautiful views of the Miami skyline, but also provides the safety and privacy I seek for my young family.”
Missoni Baia will rise 649' and feature 249 condo residences situated along 200' of frontage on Biscayne Bay. Prices start in the $500,000's for a 1 bedroom residence. Units range from 1 to 5 bedrooms, and 776 SF to 3,788 SF along with three duplex townhomes. Missoni Baia was designed by Hani Rashid of Asymptote Architecture, who are pioneers in the convergence of art and technology in architectural design. Missoni Baia will feature minimalist modern design and architecture to maximize natural light with exterior sculptural, structural columns wrapped in aluminum framing the building. The interior design of the building incorporates Missoni’s trademark colorful design palette and Missoni Home furniture collection in inventive ways, including in all public spaces and amenities. Amenities were designed in collaboration with Missoni and offer the comforts of a luxurious resort in a private residential setting. Features include a flow-through deck designed for all-day sunbathing with well-appointed cabanas, 5 swimming pools including an Olympic-sized lap pool, hot and cold plunge pools, a children’s pool, and an infinity-edge pool on the Bayfront Terrace, elevated tennis court and an expansive fitness center and spa overlooking the bay.
Check out PROFILEmiami's overview of Missoni Baia complete with renderings
Check out PROFILEmiami's coverage of the October 2017 groundbreaking of Missoni Baia
Check out PROFILEmiami's coverage of Phase 1 of construction at Missoni Baia
Vila Paraiso on Miami Beach's Exclusive North Bay Road Sells For $8.55 Million
Vila Paraiso, located at 5310 North Bay Road on Miami Beach, has sold for $8,550,000. The Georgian-inspired waterfront estate features 6 bedrooms, 6 full bathrooms and 2 powder rooms spread over 8,148 SF.
Vila Paraiso, located at 5310 North Bay Road on Miami Beach, has sold for $8,550,000. The Georgian-inspired waterfront estate features 6 bedrooms, 6 full bathrooms and 2 powder rooms spread over 8,148 SF. The home was finished with the finest architectural details and craftsmanship with handpicked materials. Vila Paraiso is perfect for entertaining featuring a chef's kitchen, 5,000 bottle wine cellar, formal dining room and luxurious living areas. The lavish master-suite offers unmatched views of Biscayne Bay and an absolutely stunning marble master-bath with a marble deep-soaking, free-standing tub. Outside offers a pool, lounge area with summer kitchen, and a private dock. The seller was represented by Darin Tansey and Brett Harris with Douglas Elliman.
SLS LUX Is Now 100% Sold Out In Brickell, Closings To Begin In Next Few Weeks
The Related Group and The Allen Morris Company have announced that the final penthouse unit at SLS LUX has sold, marking the complete sell-out of the 450-unit luxury tower. Closings are expected to begin in the coming weeks, with the hotel and culinary components opening shortly thereafter.
The Related Group and The Allen Morris Company have announced that the final penthouse unit at SLS LUX has sold, marking the complete sell-out of the 450-unit luxury tower. Closings are expected to begin in the coming weeks, with the hotel and culinary components opening shortly thereafter. SLS LUX marks the fourth Related Group-developed project to open on South Miami Avenue, following 1100 Millecento, sister property SLS Brickell Hotel & Residences, and most recently, Brickell Heights.
Situated in the heart of Brickell, just steps from Brickell City Centre and Mary Brickell Village, the 58-story SLS LUX is the latest and most luxurious project from the partnership of sbe Hotel Group and The Related Group. The tower was designed Arquitectonica and the interiors were designed by New York-based studio, Yabu Pushelberg. SLS LUX offers a suite of amenities designed and managed by sbe, including a rooftop pool, outdoor theatre, rock climbing wall, tennis court, and exclusive access to Hyde Beach at the SLS Hotel South Beach. The ground floor of SLS LUX will feature Katsuya by sbe, the newest eatery by award-winning Master sushi chef, Katsuya Uechi, offering specialty cocktails, rolls and sashimi platters.
“SLS LUX is the final piece of the South Miami Avenue puzzle,” says Carlos Rosso, President of The Related Group’s Condominium Development Division. “The amenities, convenience, and lifestyle that this area offers means buyers aren’t just getting a home, but an entire experience. Our work on South Miami Avenue reflects our commitment as a company to fostering a more walkable and connected downtown, and we look forward to similar projects in the future.”
SLS LUX displays a specially curated collection of museum-quality art and a 40,000 SF mural on the building’s exterior by famed Argentine artist, Fabian Burgos as well as a statue by Colombian artist Fernando Botero. Other artists represented in the building’s collection include prominent Venezuelan lighting artist Ana Isabel Martinez.
Miami’s Food Hall Roster Now Includes “Game Changing” St. Roch Market Open Now In MDD
2018 marked the rise of a new food trend in Miami: food halls. Everywhere you look, there’s a new one popping up. The latest one captures the entrepreneurial spirit that a young city like Miami inspires.
2018 marked the rise of a new food trend in Miami: food halls. Everywhere you look, there’s a new one popping up. The latest one captures the entrepreneurial spirit that a young city like Miami inspires.
The experimental St. Roch (pronounced Saint Rock) Market opened its doors on Saturday, February 24th, in Design District’s Palm Court. Unlike the other food halls, however, St. Roch is special because it gives chefs a small scale space to test out future restaurant concepts.
Coming from the team that opened the sister venture in New Orleans, it aims on being a venue for up-and-coming restaurants. Founder, Will Donaldson, put it simply: “Our whole concept is, ‘This is the guy you should know about.’”
The market is housed in a 10,000 SF minimalist space that features 12 curated food and beverage vendors offering a variety of cuisines. The space also has a modern art library of 3,000 vintage edition art and design books and will have a rotating art exhibition on display. First to be featured is New Orleans-based poet, Cubsthepoet (@cubsthepoet).
Concepts include byCHLOE’s hit chef Chloe Coscarelli’s new concept Chef Chloe and the Vegan Cafe, Peruvian sushi restaurant Itamae, handmade pasta spot Dal Plin, Israeli-inspired Jaffa, fried chicken favorite CooP, sustainably-sourced Elysian Seafood, ceviche and taco focused Hot Lime, rose and champagne-centric cocktail bar The Mayhaw, classic Vietnamese shop Tran An, Asian-inspired, but locally sourced Yuzu, acai and smoothie cafe Sweetblendz, and a staple coffee shop, Sabal Coffee.
St. Roch Market is open daily Sunday to Thursday from 8 a.m. to 10 p.m. and on Friday and Saturday nights until 11 p.m.
Article by Katya Demina
Luxury Fashion House Bottega Veneta Joins Miami Design District’s Expanding Roster
The upscale Italian brand specializing in leather goods and ready-to-wear signed a lease for a 4,000-square-foot space between the Gucci and Rick Owens stores on Northeast 41st Street. Their other South Florida locations are at the Bal Harbour Shops and on Worth Avenue in Palm Beach.
The upscale Italian brand specializing in leather goods and ready-to-wear signed a lease for a 4,000-square-foot space between the Gucci and Rick Owens stores on Northeast 41st Street. Their other South Florida locations are at the Bal Harbour Shops and on Worth Avenue in Palm Beach.
The announcement is unsurprising as Craig Robins has led the revival of Miami’s Design District into a premier venue for art, fashion, and design. He is the president and CEO of Dacra, the development company he founded that aims to build "commercial and residential communities of substance through creative collaboration.” Dacra and LVMH head the Miami Design District Associates, who own about 70 percent of the real estate in the neighborhood. They are constantly adding new stores, public art, and restaurants like in the recently completed Paradise Plaza. Robins’ project have reimagined and transformed the landscape of Miami. Bottega will be joining the ranks of other high-end retailers such as Hermès, Valentino, Louis Vuitton, and Miu Miu.
Bottega will be opening in MDD in the fall of 2018, along with other new tenants like Dolce & Gabbana and Balenciaga.
Article by Katya Demina
CLOSED: Drake's Former "Condo Up On Biscayne" Sold By Current Owner NBA Superstar Mario Chalmers For $2.3 Million
Superstar Drake’s onetime "condo up on Biscayne," famously referenced in his song "The Motto," just sold yesterday for $2.3 million in a deal represented on both sides by Douglas Elliman. Drake sold the unit, which is located in the luxurious Marquis Residences, to NBA superstar and Memphis Grizzlies point guard Mario Chalmers for $2.5 million in 2012
Superstar Drake’s onetime "condo up on Biscayne," famously referenced in his song "The Motto," just sold yesterday for $2.3 million in a deal represented on both sides by Douglas Elliman. Drake sold the unit, which is located in the luxurious Marquis Residences, to NBA superstar and Memphis Grizzlies point guard Mario Chalmers for $2.5 million in 2012 when Chalmers was on the Miami Heat. The unit was also featured in the Canadian rapper's hit song "I'm on One" music video. The 2-story, 5,475 SF residence is spread over 5 bedrooms and 5 bathrooms offering triple exposure complete with floor-to-ceiling glass windows and sliders. Exceptional interior features include marble and wood floors throughout, private foyer, soaring 20' ceilings, den/game room, full service wet bar, an open kitchen equipped with appliances by Viking and Sub-Zero, along with a large terrace ideal for indoor/outdoor entertaining offering unmatched unobstructed views of the Miami Skyline and the American Airlines arena. The buyer was local and represented by John Sandberg with the Sandberg Nortmann Group at Douglas Elliman. 1100 Biscayne Blvd. #4905/06 was listed for $2.66 million with Douglas Elliman.
Bohemian Conglomerate Retailer Urban Outfitters Joins The $1.5 Billion Metropica Mixed Use Community In Sunrise
Metropica, a $1.5 billion urban development and one of the country’s largest mixed-use communities just announced its newest tenant, Urban Outfitters, as the latest addition to its retail and entertainment lifestyle center, which consists of 280,000 SF of retail space.
Metropica, a $1.5 billion urban development and one of the country’s largest mixed-use communities just announced its newest tenant, Urban Outfitters, as the latest addition to its retail and entertainment lifestyle center, which consists of 280,000 SF of retail space. Both the topping-off of the development’s residential tower and the ground-breaking of the center are scheduled for the second quarter of 2018.
Urban Outfitters will join its sister store, Anthropologie, to create an attractive mix of retail options at Metropica. Both stores are part of the URBN brand family, which strives to connect with its customers on a creative level by offering trendy women’s and men’s clothings, accessories, home décor, tech and gift products that seek to blend fashion, art, design, and the latest cultural trends. Urban Outfitters will occupy an 8,000 square feet of retail space and will join a mix of distinctive retail, dining and entertainment concepts including Fogo de Chao, City Works Eatery & Pour House, Genuine Pizza (formerly Harry’s Pizzeria), Sugarboo & Co., Cru Wine Bar, Kendra Scott Jewelry and iPic Theaters.
“The coupling of URBN brand’s retail duo Urban Outfitters and Anthropologie is a testament to Metropica’s appeal and location,” says Bernard Werner, President and COO of Metropica Development LLC. “Having significant retailers like Urban Outfitters join our growing roster of signed tenants speaks to the viability of this transformative project. Metropica’s carefully curated retail mix fills an existing void in the area and will help transform the community for generations to come.”
“The addition of Urban Outfitters furthers our vision of making this the first development of its kind within South Florida’s Western Corridor, and adds to the truly innovative nature of the project,” said Joseph Kavana, CEO of Metropica Development LLC. “Metropica’s ideal location as a true urban epicenter for the tri-county area, and its offerings will serve as an exciting destination and gathering place for the entire community.”
Founded in 1970, Urban Outfitters has over 200 stores throughout the United States, Canada and Europe and will provide a well-curated experience and experiential retail environment of on-trend products for shoppers to feel inspired while indulging in their creative sides and individualitity.
Revolutionizing the West Broward corridor of South Florida, Metropica will encompass approximately 4 million SF and consist of residential condominiums, apartments, boutique hotels, commercial office space, expansive green spaces and a burgeoning world-class culinary, retail, entertainment and lifestyle experience for residents and visitors to enjoy. Scheduled to open in the fourth quarter of 2019, Metropica’s robust retail and entertainment offerings complement the continued interest in robust, sustainable and walkable communities. Metropica is located at 1800 NW 136th Avenue in Sunrise, FL. and designed to meld the area’s natural beauty with forward-thinking designs and a vast array of amenities, Metropica’s initial residential tower, a 28-story, 263-unit condominium, is now 65% sold.
*Article by Katya Demina
A newly completed seven-bedroom waterfront estate at 1155 Belle Meade Island Drive is coming to market with an announced asking price of $43.9 million.