APEX Capital Realty Signs First Two Tenants At URBAN 75th STREET In Little River

APEX Capital Realty, led by Miguel Pinto, has just signed the first two tenants at URBAN 75th STREET, an innovative warehouse complex located at 300-320 NE 75th Street in Little River. PIXIE Market, a Los Angeles-based fashion e-commerce company, signed a 5-year lease for 3,500 SF in the 320 building and plans to move in January 2019. PIXIE Market relocating its LA operations to Miami and selected the industrial space to expand its e-commerce business. Marvol JPS , a Miami-based mobile phone equipment and supplies company, has also signed a 5-year lease for 2,500 SF space at the 320 warehouse building and plans to move in January 2019.

APEX Capital Realty recently acquired the 71,200 SF warehouse complex, located at 300-320 NE 75th Street in Little River, and developed the space focused on a flexible business space concept. Little River has been a hotbed for commercial development as prices in Downtown neighborhoods such as Wynwood continue to rise. URBAN 75th STREET is an innovative warehouse complex that has been redeveloped into a flexible multi-business space concept offering 24 industrial spaces which range from 2,500 SF to 3,350 SF and primed for tailored tenant build-outs which can be curated to meet the different workspace needs of each tenant and their diverse businesses. Each space offers an open loft style format, each division equipped to function as a live/work space as well. The leasing prices start at $19 SF modified gross lease. Perks for tenants include an on-site gated parking and state of the art 24/7 voice control security monitoring.

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Related Group Sells SLS Brickell Hotel For $43 Million

The Related Group has sold the hotel component of SLS Brickell for $43 million to an entity managed by Francois Faber of Fiduciaire Fernand Faber, who has also signed an agreement with SBE for the continued management of the property. The 55-story development, which was completed by Related Group in 2016 and designed by Arquitectonica, features both a condo component with 450 condos and a hotel component which features 124 hotel rooms. The sale accounts to roughly $347,000 per key, with the rooms designed by Philippe Starck. The building also houses celebrity chef José Andres’ Bazaar Mar and Fi’lia by Michael Schwartz. Other amenities include a gym, spa, 10th floor pool deck, theater room and concierge services. The sale marks the second SBE managed hotel sale by Related Group this development cycle after it sold the Hyde Midtown hotel to Haim Yehezkel’s Midtown Hotel Investment LLC for $21.8 million in April 2018.

One Thousand Museum By Zaha Hadid Architects Announces Museum Beach, A Private Beach Club Exclusively For Residents

One Thousand Museum by Zaha Hadid Architects has announced Museum Beach, an exclusive private beach club for residents in South Beach’s South of Fifth neighborhood. The offering is yet another five-star amenity available to residents at the ultra-luxury condo tower designed by Zaha Hadid in Downtown Miami’s Park West neighborhood. Residents will be offered luxury transportation from the condo tower to the beach club, which will offer residents a lavish beach experience including lounge chairs, surfboards, etc.

The 62-story One Thousand Museum by Zaha Hadid Architects is the late-starchitect Zaha Hadid's first residential skyscraper in the western hemisphere. The project is being developed by Louis Birdman, Gilberto Bomeny, 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 $5.8 million to over $20 million and 4,600 SF to over 10,000 SF. Additional amenities to Museum Beach will include Miami's only private rooftop helipad, a state-of-the-art fitness center, spa, two pools, an indoor aquatic center, and a sky lounge. Construction topped off in February 2018 and the tower is on track for delivery in early 2019.

Check out PROFILEmiami’s full coverage of One Thousand Museum

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KAR Properties Locks Down $103 Million Construction Loan For 2000 Ocean Designed By Enrique Norten In Hallandale Beach

Shahab Karmely’s KAR Properties has locked down a $103 million construction loan for the now under construction 2000 Ocean in Hallandale Beach. The financing is being provided by Apollo Commercial Real Estate Finance, a New York-based real estate investment trust. KAR Properties first launched sales for the project in October 2017 with Douglas Elliman Development Marketing before partnering with Edgardo Defortuna’s Fortune International Group to take over sales and marketing in August 2018. The project officially broke ground in November 2018 with Suffolk Construction as the contractor.

When complete, 2000 Ocean will rise 40 stories, providing spectacular views of the Atlantic Ocean and Intracoastal Waterway. The boutique condo tower, which is designed by Enrique Norten of TEN Arquitectos, features 64 residences, the smallest being a 2,913 SF half floor 3 bedroom and ranging up to 5,832 SF full floor 5 bedroom penthouse residences. 2000 Ocean also features a duplex sky vill which comes complete with a private pool deck. Residences are designed by Minotti and feature expansive flow through floor plans, 10' ceilings, private elevator landings, floor-to-ceiling windows, custom kitchens by Minotti Cucine, Monterrey Marble flooring throughout including terraces, custom stone master bath with Agape floating bathtubs. Services and amenities include two swimming pools with expansive sunrise and sunset views, direct beach access with private beach, private arial and valet entrance, 24-hour valet and concierge, an oceanfront library with garden views, an oceanside lounge and juice bar, an indoor theater, entertainment room, fitness center and a freestanding spa pavilion complete with treatment rooms, Hammam (steam bath), ice room and yoga room. The lushly landscaped grounds feature curated gardens by Landscape Architect Sasaki Associates. The original design concept architect for the project was Kobi Karp.

Pricing at 2000 Ocean ranges from $2.6 million to $4.4 million with penthouses ranging from $8 million to $12 million. 2000 Ocean is expected to be delivered in 2020.

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Venetian Islands Masterpiece With Landscape Design By L&ND Design Hits Market For $22.5 Million

A new architectural masterpiece on the Venetian Islands with views of Downtown Miami and stunning landscaping by L&ND Design has just hit the market $22,500,000. The home features the last and only city approved rooftop terrace with elevator access, leading to a 2,300 SF outdoor space featuring a summer kitchen, covered dining and outdoor shower. The home is spread over 3 floors, offering 8,665 SF of living space featuring 5 bedrooms, 6.5 baths, rooftop lounge, cabana bath and over 100’ of water frontage.

Inside, the home features a dual floating staircase known as pièce de résistance, crafted out of wood, glass and stone. Design elements incorporate Boffi & Gaggenau Kitchen, European white oak flooring, wine cellar with Acacia wood custom made in Italy can hold up to 2,000 bottles, floating walls, 12 feet ceilings and a Master Suite that floats above the Bay. The standout interior also features design elements such as a double height dramatic foyer entrance with black granite flooring and Stained white oak details, Micro cement on walls mixed specifically for this home to match exterior façade, Fiberglass wall for natural light, Burnt cement elevator landing and custom 12’ door, Koi ponds throughout the exterior, green living wall, Fleetwood Windows with Sun tint, Motorized shades throughout, Sun shades in living areas and Stackable window system for indoor/outdoor flow.

The home also features landscape architecture by former design director of Raymond Jungles, Matthew C. Lewis and his firm L&ND Design, including a spectacular wrap around living green wall, a secret garden for outdoor dining, and a bayfront lounge. A negative edge swimming pool, custom hot tub, 2 car garage, and fully automated Crestron Audio/Visual Systems.

430 W San Marino Drive is currently listed for $22,500,000 with Dina Goldentayer of Douglas Elliman Real Estate.

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Gensler-Designed Wynwood Office Project 545Wyn Gears Up To Break Ground In January

The Chicago-based Sterling Bay is gearing up to break ground in Wynwood on their Gensler Architects-designed 545Wyn office project. Groundbreaking is set for January 2019. When complete, the development will be the biggest office building to launch in Wynwood rising 10-stories and bringing 298,000 SF of office space along with 26,000 SF of retail to the neighborhood. 545Wyn will also feature an 8,000 SF park, outdoor space on each floor and 442 parking spaces. Sterling Bay received a demolition permit in early December 2018 to demolish the existing buildings on the site which is located at 537 NW 26th Street, which is now underway.

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Ransom Everglades School Breaks Ground On Perkins+Will-Designed STEM Center

Ransom Everglades School has broken ground on their new three-story STEM Center designed by Perkins+Will. The new 45,000 SF building will feature 10 flexible classrooms, fabrication and maker labs, a rooftop outdoor lab, solar technology, a reconfigurable multi-purpose conference and a 200 person auditorium. As part of the construction process, Ransom Everglades moved nearly 60+ trees to a temporary tree garden which will be returned upon completion which is expected in 2020.

The Estates At Acqualina Completes Foundation Pour For South Tower With Over 1,000 Concrete Trucks

The Estates At Acqualina has completed the foundation pour for the South Tower at the $1.6 billion ultra-luxury condo tower under construction in Sunny Isles Beach. Eddie, Jules and Stephanie Trump along with the broker community, the development’s future residents and local press witnessed one of the biggest residential construction pours in South Florida led by Coastal Construction and named the “Great Cement Event.” The pour started on Friday, December 14 at 9pm where more than 1,000 concrete trucks poured 24,000 tons of concrete and steel to lay the foundation of the development’s first tower. The pour lasted 17 hours and was completed by 200 construction workers.

Construction for The Estates at Acqualina began in May 2018 and has been moving along at record pace. The Estates at Acqualina will be home to approximately 245 ultra-luxury residences and the development will feature common areas created by fashion and design icon Karl Lagerfeld. In addition, The Estates at Acqualina will feature three single family homes and three, two-story penthouses, all with private pools within a private gated community.

The Estates at Acqualina will also feature Villa Acqualina, the development’s amenity club more than 50,000 SF of facilities including a spa and fitness center, one of a kind dining with a world renowned restaurant and Circus Maximus, a full floor of magical amenities including an ice skating rink, a Formula One simulator, a golfing simulator, bowling lanes, a movie theater, and a Wall Street Trader’s Club room where residents will have access to ticker tape, computers and a boardroom. Some features recently added include a Speakeasy, a salt room in the spa and a boxing ring in the gym. Residents of The Estates at Acqualina will also have access to the neighboring Forbes Five Star and AAA Five Diamond Acqualina Resort & Spa, TripAdvisor’s #1 Beachfront Hotel in the United States and #1 Resort in the Continental United States by U.S. News & World Report. Residents will be able to take advantage of luxurious, personalized services from the hotel including daily housekeeping, in-room dining, children’s programming, nanny and child care services, pet care, dry cleaning and laundry services, limousine service, ESPA Spa access and gourmet dining at three restaurants, Il Mulino NY, AQ Chop House by Il Mulino and the beachfront Costa Grill.

Residences at The Estates at Acqualina are priced from $4.2 million to $14 million with penthouses priced up to $35 million.

Photos via Carolina Bejarano

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The Agency And The Agency Development Continue To Expand In South Florida

Just two months after Beverly Hills-based real estate brokerage and lifestyle company, The Agency, launched its operation in South Florida, it has announced the opening of its second and third locations and expanded its new development division, The Agency Development Group (TADG). The launch of The Agency will be celebrated at a private event at The Agency’s Boca Raton office located at 20 SE 3rd Street on Friday, February 1.

In addition to the Boca Raton flagship, The Agency now has offices at 20900 NE 30th Avenue in Aventura and 95 Merrick Park Way in Coral Gables. All three locales will be led by industry veterans Chris Franciosa and Jared Ringel, who together have sold more than $100 million of new development and resale product. Howard Elfman will take the helm as Managing Broker, while Oliver Ruiz will serve as Strategic Growth Manager. The elite team of agents from The Dustin Fealy Group, along with other top producers who recently joined The Agency, will be headquartered at the Coral Gables office.

“South Florida is a coveted market for The Agency, and the insatiable appetite for new development and luxury residential product across Miami-Dade, Broward and Palm Beach counties makes our expansion both timely and exciting as we further our footprint on the East Coast,” said Founder and CEO, Mauricio Umansky.

The Agency’s new development arm TADG has hit the ground running, having been selected to represent sales at 353 Sunset, Aventura Village and Bay Harbor One, three distinct and impactful projects located in Fort Lauderdale, Aventura and Bay Harbor Islands.

“The Agency Development Group is making a splash in South Florida and we are honored to have been chosen to represent such prestigious projects,” said Gina de Varona, Managing Director, TADG. “We currently represent some of the best-in-class new development projects around the world and are looking forward to adding more to our South Florida portfolio in due course.”

353 Sunset, developed by Weiner, Vollrath & Partners LLC, is a boutique collection of eight private, waterfront homes offering effortless turnkey living along the scenic Sunset Lake in Las Olas. Four residences remain available, featuring modern design and exceptional amenities including private, individually powered, deep-water yacht slips, with direct access to the Intracoastal Waterway and Atlantic Ocean, a private, heated lakefront pool situated amidst lushly landscaped grounds, and 150 feet of Sunset Lake frontage. Additionally, each residence has a dedicated, two-car, air-conditioned garage, direct elevator access and private elevator entry foyers located moments from the shopping, dining and entertainment of Fort Lauderdale’s thriving Las Olas Boulevard. The remaining residences are priced starting at $2,789,000.

Aventura Village, which was developed by Land Developers Group, is a gated residential community located in the heart of Aventura, just minutes from Aventura Mall. The project offers 96 townhomes and 12 residential loft studios with prices starting at $345,000. The residences include studio, two- and three-bedroom units with amenity access to a community garden, pool, playground, recreational area and private garden for residents. Units are scheduled to be completed by the end of 2019. TADG will also spearhead another project developed by Land Developers Group, Bay Harbor One. Located in sought-after Bay Harbor Islands, Bay Harbor One offers 36 residences with balcony bay views and amenities including a sky-view rooftop lounge, large swimming pool, and a fully-equipped recreational and wellness area. Pricing at Bay Harbor One residences starts at $870,000 and the building is scheduled for completion by Spring 2019.

Article by Katya Demina

Miami Beach Commissioners Vote To Finalize Deal With Crescent Heights At South Shore Hospital Site On Alton Road

Miami Beach commissioners have officially voted in favor of finalizing the proposed deal with Crescent Heights and its co-founder Russell Galbut to redevelop the former South Shore Hospital site on Alton Road in South Beach. As per the agreement Crescent Heights will fund and build a 3 acre park on the Alton Road site in exchange to allow Galbut to up-zone the site where commissioners approved a tower height increase to 519’. The tower is being designed by Arquitectonica and will rise 44-stories, offering 410 luxury units which the developer will be allowed to rent as short term rentals with a minimum term of 30 days per rental. After sale-and-purchase of the condo units the buyers will not be permitted to rent out their condos on a short term rental basis. The park which will be connected to the baywalk which wraps around South Pointe via a taxpayer funded pedestrian bridge. Galbut now has 6-months after the appeal periods to demolish the vacant South Shore Hospital and must complete the park within 2.5 years after the construction permit for the tower is issued, which must be completed with in 8 years. Should Galbut wish to flip the property he must retain 10% ownership.