PROFILEmiami, REALDAX & Creative Glue Present Blockchain in Real Estate On June 28 6-8 PM In Little River

Real Estate is one of the oldest industries in the world with the least amount of true innovation. Blockchain technology, on the other hand, has only been around a few years but has been disrupting industries left and right, including Real Estate. We believe cross-industry collaboration fosters innovation, and that shifting traditional contexts, we can usher in new perspectives. Drawing from multiple pools of knowledge and ways of looking at things will bring novelty and creativity to the table.

At this Crypto Hour, "Blockchain in Real Estate," we will be discussing the different areas of the real estate industry that Blockchain technology can innovate. This includes: Brokers/Agents, Escrow/Legal, Mortgage Brokers, Direct Lenders, Title Insurance, and Deed/Title Registration.

Some of the question you may have that we're going to answer:

• Is it possible to close an RE transaction with Cryptocurrency?
• What would be required for Blockchain to be established in real estate?
• How does the mortgage industry view crypto assets when issuing loans?
• Is Title Insurance going to be a thing of the past?
• Do I have to worry about not having a job in the future?
• And more!!!

A big thank you to our sponsor's and partners who are helping make this all possible:

• 360 Spaces, a beautiful new Co-working space located right in Little River, for their amazing venue!
• Creative Glue, an experiential marketing, and event production agency that aims to bridge the gap between business and creativity.
• PROFILE Miami, who is your one-stop destination for Miami Real Estate news and content. They provide up-to-date coverage on the hottest new developments, market trends, and the coolest homes in Miami's ever-changing landscape.

Also a big thank you to our partners who are going to be keeping us refreshed at this event - Hooch, Wynwood Brewery!

RSVP: bit.ly/360blockchain

Panelists:

• Jorge Guerra Jr. - President for the Miami Association of Realtors
• Hector Garcia - RKTR Agency
• Demetri Demascus - Founder of PROFILEmiami & Investor
• Twinee Villanueva - IHouse Token
• Moderated By: Spencer Lyon - REALDAX

Agenda:

• 6:00 - Check-in / Networking
• 7:00 - Panel Talk
• 7:45 - Q&A

Related Group & sbe Announces Construction At 85% Sold Hyde Beach House Passes Halfway

The highly anticipated Hollywood Beach project Hyde Beach House, which is being developed in partnership by The Related Group and sbe, is now over 50% complete and 85% sold. The project is on track for a 2019 completion, and construction is currently on the 24th floor with John Moriarty & Assocaites. Hyde Beach House features 265 resort-condo units and 77 condominium residences, rising 43 floors. The tower was designed by Cohen, Freedman, Encinosa and Associates and features interiors by Brazilian designer Debora Aguiar. 

Hyde Beach House fuses the creative vision of sbe’s entertainment and hospitality offerings including Etaru, a Hyde signature restaurant overlooking the infinity-edge pool and accessible via the Intracoastal offering seasonal cuisine and signature craft cocktails, professionally managed by Gemstone. Other amenities include an elegant double-volume entrance lobby appointed with contemporary furniture and finishes, expansive pool deck with views of the Atlantic Ocean and the Intracoastal Waterway featuring semiprivate cabanas, an infinity-edge pool, an outdoor kitchen and dining area, and an outdoor movie theater with lounge area and fire pit, a sports Club featuring amazing Intracoastal views from an outdoor multi-use sports court (tennis, basketball and indoor racquetball court), state-of-the-art fitness center, health club, an aqua Club situated directly on the Intracoastal Waterway renting Jet Skis, paddle boards, kayaks, windsurfing, and kite surfing, and a private rooftop lounge area exclusive to unit owners with a hot tub, a modern outdoor shower, a lounge area with sunbeds, a dining area, a fire pit, and panoramic water views. 

Hyde Beach House features a curated collection of original works of contemporary art throughout amenity spaces featuring pieces from contemporary artists like Aureliano Parra, Gonzalo Fuenmayor, Felipe Echeverri, and Aldo Chaparro.

Two Roads Development Completes 20+ Hour Concrete Foundation Pour At The 57-Story Elysee in Edgewater

Two Roads Development has completed a massive, 20+ hour concrete pour at the 57-story Elysee, as construction prepares to go vertical in Edgewater. The milestone comes following months of piling and excavation subterranean work. A crew of about 75 construction workers were on staff to pour which was orchestrated by general contractor John Moriarty & Associates of Florida. About 20 mixing trucks carrying 260 truckloads rotated in shifts to pour approximately 3,000 cubic yards of concrete weighing more than 5,000 tons into a massive excavated hole for the tower’s concrete mat, which sits on top of nearly 300 pilings reaching depths up to about 150-feet below the ground’s surface.

“Once complete, Elysee will be a retreat in the center of one of the most desirable parts of Miami,” said developer Taylor Collins, managing partner at Two Roads Development. “Elysee’s boutique exclusivity, idyllic bayfront location, commanding views and world-class amenities will brand it as a standout property for a long time to come.”

Elysee is a 57-story bayfront, hyper-luxury condo tower that features 100 half-floor and full-floor residences, located at 788 NE 23rd Street. The building, which rises 648', is designed by world-renowned architect Bernardo Fort-Brescia of Arquitectonica with interiors created by France’s top designer Jean-Louis Deniot. Residences range from three- to five-bedroom layouts measuring between 2,300 SF to 4,000 SF. Units include floor-to-ceiling glass windows and sliding doors, private elevators and foyers, 10 to 12-foot ceiling heights, designer finishes and fixtures, premium appliances, top-of-the-line Italian cabinetry, and flow-through floorplans with 2-terraces for sunrise and sunset views. Amenities include 2 resort style pools, a health club with state-of-the-art fitness center, yoga studio, spa with sauna, steam and shower facilities and private massage rooms, exclusive entire 30th floor Owners Sky Lounge featuring a great room, a grand salon entertainment area with a full bar and piano lounge, grand dining room, wine room, chef’s kitchen, library, and Elysee Attaché, a premium concierge service that will be available to residents 24/7 for travel arrangements, dinner reservations, concert and event tickets, etc.

Elysee is being developed by Two Roads Development in partnership with entities managed by New York-based investment firm DW Partners. When complete Elysee will be one of the tallest towers in Downtown Miami’s East Edgewater neighborhood. The tower is expected to be delivred in 2020. Residences are priced from $1.5 million and range upwards of $10 million with sales exclusively overseen by Cervera Real Estate. 

Photo Timelapse:

Adler Group Reveals Updated Plans For City of Miami's Riverside Center Designed By NBWW

Adler Group has revealed updated plans for the City of Miami's Riverside Center designed by Nichols Brosch Wurst Wolfe & Associates (NBWW). The project is located at 444 SW 2nd Ave. in Downtown Miami. The proposal features 4 towers, three of which would be mixed-use with residential, hotel and retail components while the fourth would feature office space. Adler currently owns a portion of the lot and a vote in November would allow the developer to relocate city staff and gain control of the riverfront city-owned building. The Urban Infill and Greenways Subcommittee of the Miami River Commission has backed the proposal. 

Check Out This $55 Million Waterfront Estate Which Just Hit The Market In Coral Gables' Exclusive Gables Estates

There is a new highest priced listing in Coral Gables nestled on a waterfront lagoon at 8901 Arvida Lane. The luxurious estate was designed by local architect Rafael Portuondo with a neoclassical design which radiates elegance and features bright open spaces, high ceilings and dramatic interiors.

The estate features 6 bedrooms, 9 full bathrooms and 3 half baths, along with a grand entry foyer, fully-equipped theatre, a billiard room, chef's kitchen, formal dining room, two study’s and a full bar. The outside terrace displays a mosaic-tiled heated pool, a gym, sun deck and a Summer Kitchen perfect for entertaining. The estate sits on 2.38 waterfront acres with abundant, lush tropical landscaping. The estates grounds also include a fully functional guest home and a dock that can accommodate up to a yacht up to 90'.

8901 Arvida Lane, Coral Gables is currently listed for $55 million with Dennis Carvajal of ONE Sotheby’s International Realty.

Lennar Executive Chairman Stuart Miller Expands Star Island Holdings After Acquiring Thomas Kramer's Former Estate 5 Star Island For $33 Million

Lennar Executive Chairman Stuart Miller has acquired Thomas Kramer's former 4 and 5 Star Island Drive for $33 million. The 1.84-acre property is adjacent to two other lots that Miller owns on the exclusive island, 6 and 7 Star Island Drive. In total they now own 4, 5, 6, 7, 10, 11, 12 and 22 Star Island Drive. 4 and 5 Star Island Drive were listed with Brett Harris of Douglas Elliman for $40 million. DOMO Architecture + Design is currently designing Miller's three current Star Island projects which are 6 Star Island, 10, 11, 12 Star Island and 22 Star Island. 

In August 2017 PROFILEmiami reported that Verena von Mitschke-Collande and Claudia Miller-Otto had won 4 and 5 Star Island from Thomas Kramer via court-ordered auction. Kramer, a German born, Miami-based real estate developer and South Beach icon who played an integral role in the redevelopment of South Beach, including the iconic Portofino Tower, before he lost a $90 million settlement in Swiss Courts in 2003 in a legal battle that has continued to play out for decades. 

Known as 5 Star, the eccentric estate is an elaborate party mansion that spans 17,000 SF of living area complete with 13 bedrooms, 12 full bathrooms over the entire 2 acre gated property which offers spectacular views of Biscayne Bay, PortMiami and Downtown Miami. The main house is a 3 bedroom 4 bathroom party manse filled with exotic and eccentric design throughout. The home was custom tailored complete with stripper poles on the dining room table, a 10,000 bottle wine cellar, movie theater, Crestron system, spa, gym, a lavish master-suite complete with a stone-lined master-bath, a balcony with an outdoor tub overlooking Biscayne Bay, a 14 car garage, and is rumored to have even have a missile silo built in. 

Outside features a large driveway and motor-court in the front while out back offers views of the Miami Skyline, a party ready pool, outdoor lounges with summer kitchen, and 200' of waterfront docking for a yacht. The property also features multiple guest houses and separate private office space.

Photos via Douglas Elliman

Tour Melo Group's Newly Delivered, Arquitectonica-Designed Aria On The Bay

Melo Group's Aria on the Bay is now open for business, after launching sales and construction in 2015. The 53-story, Arquitectonica-designed waterfront tower, located at 1770 N. Bayshore Drive along Biscayne Bay, has become the latest condominium to deliver in Downtown’s growing Arts & Entertainment District. The building is currently closing and delivering units to pre-construction buyers at a rate of over 20 closings per day and the building is over 90% sold. 

Units at Aria on the Bay range from 1 to 4 bedrooms and $400K to $6 million and sold around $550 per square foot. Residences feature floor-to-ceiling glass, expansive wrap-around terraces, private elevator access, open-plan living areas, designer finishes and fixtures, European-style kitchens, and modern custom-designed cabinetry. Amenities include a 14th floor resort amenity deck with 2 sunrise/sunset swimming pools, a jacuzzi, custom-seated fire pits, barbecue grills and outdoor summer kitchens, a private spa with massage treatment facilities, a state-of-the-art fitness center, yoga studio, entertainment lounge, and a screening room.

“When we broke ground on Aria on the Bay three years ago, we envisioned a tower that not only offered first-rate amenities in an ideal location but one whose design would convey elegance and sophistication. We are confident that Aria will take its place among Miami’s most iconic landmarks,” said Carlos Melo, principal of the Melo Group.

Baseball superstar Giancarlo Stanton of the New York Yankee purchased one of Aria on the Bay’s triplex penthouses in 2017 and Grammy Award-winning record producer and rapper Timbaland also purchased two units at the building. Remaining units currently available for sale include a range of one- to four-bedroom condos priced from the $400,000's up to $1.8 million with sales being exclusively overseen by Cervera Real Estate.

Tour the amenities below:

Photos via Cervera Real Estate

Check out our PROFILE Exclusive Interview with Carlos and Martin Melo of Melo Group 

Check out PROFILEmiami's August 2016 Construction Update of Aria on the Bay

New Renderings Revealed of Miami Worldcenter

New renderings have been revealed of Miami Worldcenter where the site maps now show a 24-story, 250-key hotel on the 7th Street Promenade. The hotel would be one block from the 1,700-key Marriott Marquis Hotel & Convention Center, which is also coming to Miami Worldcenter. Zom will also break ground in the next few months on Luma Miami Worldcenter, a 44-story, 434-unit residential tower. Zom has proposed $3.2 million to rebuild the Freedom Tower Metromover Station due to needing a utilities and pedestrian easement through the property to move ahead with Luma Miami Worldcenter. The station would be designed to integrate with Miami Worldcenter aesthetically and would give the public direct access to the district. 

Miami Worldcenter is a $2 billion mixed-use mega-project coming to Downtown Miami led by Art Falcone, Nitin Motwani. The total retail component will features 360,000 SF of high-street retail which Miami Worldcenter Associates, Taubman Centers and The Forbes Company are currently leasing. Miami Worldcenter is being developed by Miami Worldcenter Associates, Taubman Centers, The Forbes Company, and MDM Group with the master plan designed by Elkus Manfredi Architects. The project includes the PARAMOUNT Miami Worldcenter condo tower being developed by Paramount Ventures led by Dan Kodsi, in addition to a 1,700-key Marriott Marquis Miami Worldcenter Hotel & Expo as well as a 45-story office tower being developed by Hines.  

Check out the construction timeline for Miami Worldcenter

DDG's Rare, Oceanfront 3550 South Ocean Tops Out In Palm Beach

DDG, a leading national real estate development firm known for its progressive design aesthetic, has announced first new beachfront residential development on Palm Beach Island in over a decade, 3550 South Ocean, has officially topped out at 7 stories after breaking ground last summer. 3550 South Ocean is rare new addition to the coveted Palm Beach shoreline that introduces a new standard of luxury condo living in Palm Beach. Demand for the condominium’s oceanfront two-bedroom, three-bedroom and penthouse homes has remained strong during construction. Current availability starts at $2.3 million.

“3550 South Ocean is a significant development for DDG as it represents a new phase of the company’s expansion as well as our first project in Florida,” said Joseph A. McMillan, Jr., CEO and Chairman of DDG. “Watching the building go vertical and achieve its full height has been incredibly exciting and we look forward to seeing its elegant and contemporary design come to life as we approach completion next year.”

“Buyer response to 3550 South Ocean has been quite positive since the building came onto the market last year,” said Howard M. Lorber, Chairman, Douglas Elliman Realty LLC, whose Development Marketing team is the exclusive marketing and sales agent for 3550 South Ocean. “It offers the rare opportunity of purchasing a newly built home directly on the beach, as well as situates residents extremely close to the world-class dining, shopping and leading cultural institutions Palm Beach is known and sought after for.”

DDG assembled a cast of acclaimed designers for 3550 South Ocean. GarciaStromberg | GS4studios of Palm Beach, Kobi Karp Architecture of Miami, and Champalimaud of New York, teamed up to design the striking, yet timeless, contemporary beachfront building, with a sawtooth form that stretches east to west and enables each of the building’s 30 expansive residences to be bathed in natural light and enjoy unparalleled ocean views and breezes. KAST Construction is serving as the general contractor for the project. Residences at 3550 South Ocean come in 2 and 3 bedroom layouts, range in size from 2,700 SF to 3,000 SF and start at $1.875 million. Units will feature private elevator access with private entry foyers, amazing views of the Atlantic Ocean and Intracoastal Waterway, floor-to-ceiling glass, expansive chef's kitchens, and will be delivered move-in ready. A collection of five penthouses will also feature rooftop terraces.

Amenities include private beach access, a beachfront salt water swimming pool and sun terrace, a fitness studio with east facing natural light, on-site surf board and stand-up paddleboard storage, private gated access and private parking. Additionally, DDG has a partnership with The Wright Fit, to provide custom, on-demand lifestyle services including in-residence massages, indoor and outdoor private training, and yoga and youth fitness for residents. Ownership perks also include an exclusive relationship with on-demand charter service, Star Jets International which provides residents with custom-tailored concierge jet services, with the resident experience inclusive of door-to-door car transfers, itinerary customization, jet selection, onboard catering and more. Construction is currently under way with KAST as the general contractor. Delivery expected in late 2018. 

Drone photos via Daniel Petroni; Image via Jared Ruschmann, World Red Eye; Renderings via DDG

Strong Sales Reported At The Kobi Karp-Designed Ultra-Luxury Palazzo Del Sol On The Exclusive Fisher Island

Kobi Karp, globally recognized among the best and most influential sustainable architecture design firms, has sparked a buying frenzy in America’s most expensive zip code, Miami's Fisher Island. The surge is attributed to Karp’s groundbreaking vision for the properties where buyers are seeking Karp's opulent waterfront design at now sold-out Palazzo Del Sol and soon-to-be-built Palazzo Della Luna. The buildings are sited on Fisher Island’s last-remaining waterfront parcel and feature prices averaging $2,000 SF. 

Since their respective launches, each condominium building has reported tremendous demand among the global elite. In 2017, a penthouse in Palazzo Del Sol, home to billionaire and former Hasbro CEO Alan Hassenfeld, former Formula One driver Enrique Bernoldi, sold for a record-breaking $35 million. Palazzo Della Luna, which launched sales in February, will feature a stunning collection of three to seven-bedroom residences with panoramic views, including a $40 million penthouse, which will be the highest-priced listing ever recorded on the island.

“I designed both properties to exceed the expectations of owners…and the response has been phenomenal,” said Karp. “I put added emphasis on creating a lifestyle experience that is otherwise unmatched. Fisher Island is one of the world’s grandest addresses, but it’s still an island. That’s why I created a type of barefoot elegance and ambiance that can only be reserved for this oasis.”

Karp was inspired by the historic Vanderbilt mansion on Fisher Island from which he took the traditional DNA and charm of the Mediterranean Italianate property, then infused the designs with modern architecture. His designs marked by contemporary sophistication seamlessly draw the outdoors inside. Residences feature private elevator access, contemporary flow-through floorplans, finishes of Beachwood and coral stone, deep outdoor terraces, floor-to-ceiling glass and 10' to 15' ceilings amplify for natural light, all with breathtaking views of the ocean, bay, city skyline and Fisher Island golf course. 

The 10-story amenity-rich buildings will be joined by a lush central park, which Karp envisioned to include a serenity yoga lawn, outdoor gardens and a bocce ball court. Karp also designed the porte-cochère entrances to be adorned with multilevel hanging gardens and tropical vines, while vanishing-edge pools and huge cabanas further the feel of a six-star resort.

Karp’s designs have garnered the accolades of international critics as Palazzo Del Sol was recently named the “Best Residential Development in the United States” by International Property Awards.