MG Developer Launches Curated, Concierge-Style Real Estate Services
The boutique development company, MG Developer, is pioneering a new concept in concierge-style real estate services that allows buyers a newfound flexibility in the acquisition and disposition of homes.
The boutique development company, MG Developer, is pioneering a new concept in concierge-style real estate services that allows buyers a newfound flexibility in the acquisition and disposition of homes. Qualified buyers interested in MG Developer’s luxury properties will be offered lucrative financing and services, aimed at making the move to MG’s properties effortless.
MG Developer is a residential property development company based in Coral Gables, Florida, and is a subsidiary of MG Capital, which provides a comprehensive array of real estate-oriented services. MG Capital also manages MG Real Estate Group, which would list and sell buyers’ existing homes and then apply the accrued commission to the purchase of a MG Developer residence.
Financing terms include ten percent down, the remaining 90 percent due within 12 months, and the sale of the buyer’s existing residence with no listing commissions. This allows buyers the flexibility to use those funds for a full year and a facile timeline to sell their current home. MG is currently completing the Biltmore Parc and Beatrice Row, both within walking distance of Downtown Coral Gables and Miracle Mile, and will be ready for occupancy this summer.
Other concierge benefits include interior design and decor services - with the option of completion prior to moving in. The program is being launched at Biltmore Parc, a five-story development with units ranging from $1.2 million to $2 million, each offering a one-year membership to The Club at The Biltmore Hotel. Beatrice Row, MG’s second project, is a unique collection of nine, three-story Georgian style townhouses with prices starting at $1.4 million. Both developments will be part of MG’s 150,000-square-foot residential community called Biltmore Square, which will have a total of four residential buildings.
Article by Katya Demina
Take A First Look Inside The Hyper-Luxe Aston Martin Residences Interior & Amenity Spaces
Following the groundbreaking of Aston Martin Residences, the luxury automaker's first-ever real estate project late last year (2017), the 66-story tower has now revealed never-seen-before renderings of the building’s interior and amenity spaces.
Following the groundbreaking of Aston Martin Residences, the luxury automaker's first-ever real estate project late last year (2017), the 66-story tower has now revealed never-seen-before renderings of the building’s interior and amenity spaces. Aston Martin’s design team, led by Chief Creative Officer Marek Reichman, is bringing the unique experience of driving an Aston Martin to life by incorporating signature elements, colors and materials from the brand’s cars into the design of the tower’s interiors, common areas and amenity spaces.
Reichman and his team have had a hand in every design decision made at the project, from the hand-stitched leather door tabs and bespoke artisan handles, to the grey and black carbon fiber lobby furniture and unit address number plate plinths. Buyers also have the option to work with the Aston Martin team to personally design individual condominiums if they choose.
“In this, our first residential development, the interiors are inspired by Aston Martin, but take into consideration Miami’s tropical environment. Our design language is based on beauty and the honesty and authenticity of materials. It’s simple and pure and it has an elegance attached to beautiful proportions. We are incorporating Aston Martin’s DNA through subtle details and fine craftsmanship, with an emphasis on comfort. This building is for people who appreciate the finest quality and craftsmanship, who love the feeling of something that is timeless," said Marek Reichman, Chief Creative Officer of Aston Martin.
Located in Downtown on the Miami River, Aston Martin Residences will rise 66 stories and features 391 units, designed by Revuelta Architecture and Bodas Mian Anger. The tower's interiors will feature signature carbon fibre reception desks in each of the tower’s two private lobbies, lighting and handmade detail based on the car, and residence doors hand-adorned door numbers from the same jewelers that place the logo on the hood of Aston Martin cars along with bespoke artisan Aston Martin door handles, and kestral tan leather door tabs. The tower's design will features floor-to-ceiling glass with no visible concrete, including glass encased support beams.
Units range from 1 to 4 bedrooms with a 19,000 SF, 6 bedroom crown-jewel penthouse on the 63-65 floors. Pricing starts at $700,000 and range up to $8,800,000 for the "River and Panoramic Residences" part of the building and $14,000,000 to $50,000,000 for the "Penthouses." Amenities include a 42,275 SF “Sky Amenity” deck from the 52nd to 55th floor which features a state-of-the-art fitness center with spin room and boxing facilities, golf simulator, multiple theaters, beauty salon, barber shop and a curated art gallery.
Sales as of fall 2017 had passed over $100 million in deposits. Construction is now underway and Aston Martin Residences is expected to be completed in 2021.
Check out PROFILEmiami's coverage of the October 2017 groundbreaking of Aston Martin Residences
Tour the lavish on-site sales gallery of Aston Martin Residences featuring an Aston Martin Vulcan
Dolce & Gabbana & BALENCIAGA Open New Miami Locations Complete With Solar Panel Façade In Miami Design District
Balenciaga and Dolce & Gabbana have has announced the opening of their new Miami stores located in the fast growing Miami Design District. Both stores are adjacent to each-other, located on the pedestrian Paseo Ponti across from Jade Alley, featuring Daniel Toole's iconic concrete arches.
Balenciaga and Dolce & Gabbana have has announced the opening of their new Miami stores located in the fast growing Miami Design District. Both stores are adjacent to eachother, located on the pedestrian Paseo Ponti across from Jade Alley, featuring Daniel Toole's iconic concrete arches. The openings help continue to round out Miami Design Districts link between Palm Court and Paradise Plaza with a classic, pedestrian shopping street lined with some of the world's finest retailers. Miami Design District is being led by developer Craig Robins and the next stage will feature the opening of 10 new restaurants including Ember and Kaido (restaurant by Chef Brad Kilgore), St. Roch Market (food hall), L’Atelier by Joël Robuchon (fine dining), Le Sushi by Joël Robuchon (Japanese), Le Bar by Joël Robuchon (lounge), Le Boutique by Joël Robuchon (bakery).
BALENCIAGA
The Balenciaga boutique building is designed as a site-specific project, with use of functional solar panels as part of its Façade, a unique feature in the brand’s retail network. The pale blue panels are installed above clear glass windows at street-level, with large-scale luminous BALENCIAGA lettering visible from the street.
The interior and furnishings continue the the industrial yet luxurious design which Demna Gvasalia has created for the Paris flagship stores at Rue Saint-Honoré and Avenue Montaigne. Several elements of a state-of-the-art clothing factory are integrated into the two floor layout, which presents product to customers in a direct and uncomplicated way. Balenciaga is a luxury fashion house founded in Spain by Cristóbal Balenciaga in 1919.
DOLCE & GABBANA
Dolce & Gabbana has added Miami Design District to their list of boutiques located in some of the world's finest shopping destinations. As with all of their locations, the MDD location was designed after Teatro alla Scala in Milan. The style cues of La Scala are found throughout the store including the glass and stone façade to the elegant interior which fuses old with new. Details include a selection of stone busts and statues, Baroque mirrors and counters, walnut furniture as well as gold and velvet finishes with clothing is displayed as a art. Dolce & Gabbana was founded in 1985 in Milan. The group is led by Domenico Dolce and Stefano Gabbana, and is one of the leading international groups in the luxury goods sector.
93 Palm, Al Capone's Former Palm Island Miami Beach Mansion Hits Market For $14.9 Million
93 Palm, Al Capone's former Miami Beach estate located on the prestigious Palm Island has hit the market after undergoing recently completed restoration for $14.9 million. The sprawling estate of the legendary prohibition-era gangster was meticulously restored to much of its original splendor following an extensive restoration in 2015
93 Palm, Al Capone's former Miami Beach estate located on the prestigious Palm Island has hit the market after undergoing recently completed restoration for $14.9 million. The sprawling estate of the legendary prohibition-era gangster was meticulously restored to much of its original splendor following an extensive restoration in 2015 by Miami-based wealth and investment management company MB America.
“The illustrious history and prime location of this residence cannot be overstated,” said list agent Nelson Gonzalez, Senior Vice President Nelson Gonzalez of EWM Realty International. “Nearly 100 years later, this home is truly a rare gem on the water.”
According to public record, Al Capone bought the home in 1928 following a stint at Alcatraz. He reportedly went so far as to spend $200,000 (at that time) to install a gatehouse, seven-foot-high wall, search lights, a cabana and coral rock grotto. The home remained in his family until 1952 when it was sold by his wife, Mae Capone.
The colonial-style, 30,000 SF property, which was built in 1922, features 100' of waterfront on Biscayne Bay. The lush secluded property, dotted with century-old trees, is anchored by a four-bedroom, three and a half-bath main villa. Some of the original features include the black-and-gold Art Deco powder room, 1920’s ceiling lights, the fireplace in the living room, and the porch. French doors, hardwood floors, columns, open archways, and multi-pane, double-hung windows complete the timeless appearance of the interiors.
Outside, a 30' by 60' pool sits adjacent to a stately two-story cabana, which comprises a water-facing terrace and a half-bath on the first level, and one bedroom and a full bath with a glittering tile mosaic on the second. The original gatehouse, located at the front of the property, has furthermore been converted into a two-bedroom, one-bath guesthouse.
“This is one of the most significant estates in South Florida, now on the market for the first time since its restoration,” said Gonzalez. “The attention to detail by MB America has preserved the home’s unique 1920’s attributes, yet its slew of modern conveniences and top-of-the-line amenities make it a lucrative draw for well-heeled buyers.”
PMG's Downtown Luxury Rental X Miami Reveals Renderings Of Millennial Geared Amenities
X Miami, PMG's new 464-unit luxury rental building in Downtown Miami, has revealed their amenities. X Miami is part of PMG's portfolio of X Social Communities and offers a program charged social community designed to promote engagement between residents and a social environment.
X Miami, PMG's new 464-unit luxury rental building in Downtown Miami, has revealed their amenities. X Miami is part of PMG's portfolio of X Social Communities and offers a program charged social community designed to promote engagement between residents and a social environment. Amenities include a state-of-the-art fitness center with spin studio, dog park, pool deck, outdoor cinema, cocktail bar, community kitchen, indoor screening lounge, self-serve mini-mart, co-working space, picnic courtyard, smart package lockers and social hall.
X Miami offers rental residences ranging from studios starting around $1,600s to 2-bedrooms which can range up to $2,900. Residences feature keyless entry, white quartz countertops in the kitchen, Amazon Echos and smart thermostats. Move-ins are expected to start around July 1.
Related Group & Dezer Development Sells Newly Completed HYDE Midtown Hotel For $21.8 Million
Related Group and Dezer Development has completed the sale the hotel portion of the newly completed Hyde Midtown Suites & Residences luxury condo-hotel project in Midtown for $21.8 million. The buyer was Midtown Hotel Investment LLC, which is led by Haim Yehezkel of Elysee Investments
Related Group and Dezer Development has completed the sale the hotel portion of the newly completed Hyde Midtown Suites & Residences luxury condo-hotel project in Midtown for $21.8 million. The buyer was Midtown Hotel Investment LLC, which is led by Haim Yehezkel of Elysee Investments and the agreement was first announced while the project was still under construction. The deal was financed via a $14.5 million mortgage provided by Bank of America and breaks down to roughly $363,000 per key. The deal was brokered by Hernan Gleizer of Optimar First International Realty. The 60-key hotel will be managed by sbe and is located at 4101 Northeast First Avenue in Midtown Miami. HYDE Midtown will be the first hotel to open in Midtown.
In total the HYDE Midtown Suites & Residences project features 410 luxury residential condos and 60 hotel suites. The 32-story, 480,000 SF building was designed by Arquitectonica with interior design by the Rockwell Group. Amenities were designed to be tailored towards millennials which include a HYDE Music Lounge & Piano Bar, restaurant, pool terrace with jacuzzi, putting green and tennis court, state-of-the-art fitness center and private screening theater. Hyde Midtown Suites & Residences initially broke ground in September 2015.
Terra's David Martin Lists His Custom, Catalina Echevarria-Designed Grove at Grand Bay Penthouse For $25 Million
David Martin, President of Terra, the developers behind the Bjarke Ingels-designed Grove at Grand Bay, has listed his personal penthouse atop the twisting towers for $25 million. The penthouse is completely custom redesigned by Catalina Echevarria of CEU Studio and has been listed with Eloy Carmenate + Mick Duchon of Douglas Elliman.
David Martin, President and founder of Terra, the developers behind the Bjarke Ingels-designed Grove at Grand Bay, has listed his personal penthouse atop the twisting towers for $25 million. The penthouse is completely custom redesigned by Catalina Echevarria of CEU Studio and has been listed with Eloy Carmenate + Mick Duchon of Douglas Elliman.
The unit was previously listed for $28 million with Philip Freedman of Cervera Real Estate who oversaw pre-construction sales at Grove at Grand Bay before the project was completed. It is currently the most expensive condo on the market in Coconut Grove.
Martin hand chose Echevarria to lead the redesign based on her background of fully embodying Coconut Grove’s historic yet, clean and sophisticated character. Echevarria was the designer behind Casa Bahia, her private home in Coconut Grove asking $43 million which she co-designed with her son, filmmaker Alejandro Landes. Echevarria was recognized for the property’s design for using natural materials to create style and a spiritual way of living.
The penthouse spans an expansive living area approximately 128' wide and encompasses an entire floor all within the architecturally significant, twisting building designed by Bjarke Ingles. The penthouse offers 5 bedrooms + staff quarters with 5.5 bathrooms complete with 2 private elevators all spread over 10,118 SF. The residence includes a chef's kitchen, maids room, cinema room, indoor/outdoor bath-spa, sports bar, a walk-in 3,000 bottle wine room with bay views, and an extravagant master suite with stunning marble walled master bathroom complete with rain-showers and a soak-in tub all with panoramic views of Biscayne Bay. Outside offers a massive private rooftop deck featuring a moonlight cinema, private pool, and summer kitchen along with semi-wrap around balconies. Finishes include stone & Equip Macael flooring as well as Maffi FIR Wide Plank flooring, hand painted matte venetian plaster walls, custom mirrors, Idea Group vanities, and marble bathrooms. The penthouse is set for completion by winter 2018.
Construction On Ugo Colombo's Brickell Flatiron Passes The Halfway Mark, Powering Towards 736'
Vertical construction on Ugo Colombo's CMC Group’s Brickell Flatiron, a 64-story luxury condominium tower rising in Downtown Miami’s Brickell neighborhood, has reached the halfway mark as builders finish construction of the skyscraper’s 32nd floor.
Vertical construction on Ugo Colombo's CMC Group’s Brickell Flatiron, a 64-story luxury condominium tower rising in Downtown Miami’s Brickell neighborhood, has reached the halfway mark as builders finish construction of the skyscraper’s 32nd floor. Construction crews are expecting to continue at a clip of one full-level completed every week going until top-off later this year. When complete, Brickell Flatiron will stand 736' and will be one of the tallest residential towers in the U.S. upon its delivery in summer 2019.
Roughly 75% of Brickell Flatiron's 549 units are sold and are currently under hard contract. About 8 out of 10 condo sales within the last 30 days coming from buyers within the northeastern U.S.
Colombo, partnered with master Italian design architect Massimo Iosa Ghini to create a one-of-a-kind environment that combines the tower’s distinct flatiron shape with flowing, curvilinear forms. On the inside, Iosa Ghini uses inspiration from Brickell Flatiron’s curved façade, which was designed by acclaimed Miami architect Luis Revuelta, to outline the building’s sleek amenity spaces, creating a seamless transition from exterior to interior.
Units range from 1 to 5 bedrooms starting at $500,000 and ranging up to $15.5 million for penthouses. All units will be finished with the finest finishes, including Italian-made custom cabinets, stainless steel appliances, Italian marble floors, high ceilings with recessed lighting, custom Italian doors, energy-efficient windows, and glass balcony railings.
Brickell Flatiron's amenities include an 18th floor amenity deck with a resort style pool, 24-hour concierge, billiard and cigar room, wine cellar, valet, electric car charging stations and a 64th-floor rooftop that will feature a Sky Spa, Sky Pool and Sky Gym along with stunning 360 views of Biscayne Bay, Brickell, Downtown Miami, Coral Gables, etc.
Check out the drone video & photo update below.
Check out the renderings of Brickell Flatiron's exclusive Penthouse Collection Series
Photos via Golden Dusk Photography
A Nichols Brosch Wurst Wolfe Architects-Designed Tower Known As 2nd & 2nd Has Been Proposed in Downtown Miami
A subsidiary of AVR Realty has proposed 2nd & 2nd, an 898', 82-story Nichols Brosch Wurst-designed mixed-use tower at 250 SE 2nd Ave. The tower would feature 266 hotel rooms, 637 residential units, 9,245 SF of retail, and 533 parking spaces.
A subsidiary of AVR Realty has proposed 2nd & 2nd, an 898', 82-story Nichols Brosch Wurst Wolfe-designed mixed-use tower at 250 SE 2nd Ave. The tower would feature 266 hotel rooms, 637 residential units, 9,245 SF of retail, and 533 parking spaces. The location offers easy access to the Metromover, Brickell and I-95. 2nd & 2nd would replace the current Marriott Courtyard and Whole Foods. The proposal is set to be reviewed by Miami's Urban Development Review Board on April 18.
Okan Group's Behar Font-Designed Okan Tower Approved In Downtown Miami
Turkish developer Okan Group's 73-story, skyline evolving Behar Font & Partners-designed Okan Tower proposal has been approved by Miami's Planning & Zoning Department in Downtown Miami including waivers from the Miami 21 zoning code.
Turkish developer Okan Group's 73-story, skyline evolving Behar Font & Partners-designed Okan Tower proposal has been approved by Miami's Planning & Zoning Department in Downtown Miami including waivers from the Miami 21 zoning code. Located at 555 North Miami Avenue, the multi-use project has also been called The Sterling, although the press release and renderings point to the tower being called Okan Tower. The Behar Font & Partners design is inspired by a tulip, the national flower of Turkey, and will feature a rooftop swimming pool at the crown of the 956' rise. Okan Tower will feature 300 hotel rooms, 80,000 SF of office space, 10,000 SF of restaurant space and 362 condominium units. The location will give easy access to retail, entertainment and transit via MiamiCentral and the Brightline as well as the Miami Worldcenter mega-project. Okan Group acquired the land for $18 million in March 2017 before proposing the Behar Font design in October 2017.
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.