Inside One Thousand Museum By Zaha Hadid Architects's Culinary Concept Preview For The Tower's Ultra-Exclusive Sky Lounge

One Thousand Museum by Zaha Hadid Architects, soon-to-be one of the most high-end residential towers in Miami, hosted a VIP preview of One Thousand Museum Residences’ culinary concept which will be exclusively available to residents in the tower’s Sky Lounge. The event was led by the building’s Director of Culinary, Mame Sow, the celebrated pastry chef who has ranked on New York City’s lists of Best Pastry Chefs prior of her move to Miami, where she now serves as Pastry Chef for Norman Van Aken’s Three restaurant in Wynwood. Mame Sow will also be in charge of the tower’s Sky Lounge culinary experience upon opening to residents later this year.

The Sky Lounge’s culinary program is gaining a reputation as Miami’s most exclusive reservation as it is only available to residents. Mame will create seasonal tapas menus and wine pairings for the Sky Lounge as well as a daily breakfast menu. She will also oversee an executive chef program and a customized wine program catering to the specific tastes of the tower’s residents. A preview of the first menu which will be offered to residents can be previewed below:

Cucumber Gazpacho

Served with La Cana Albarino 2017, Rias Baixas, Spain

Bibb Lettuce Salad

Heirloom Tomatoes, Green Herb Dressing, Garlic Parmesan Croutons

Served with La Cana Albarino 2017, Rias Baixas, Spain

Butternut Squash Soup

Osetra Caviar, Butternut Squash Espuma

Served with Lemelson Thea’s Select Pinot Noir 2015, Willamette Valley, Oregon

Goat Cheese Mushroom Tart With Arugula Salad

Foie Gras Torchon

Blood Orange Gelee

Served with Chateau Guiraud Sauternes 2015, Sauternes, France

Charcuterie and Cheese Board

Spiced Red Pepper Jelly, Pickled Vegetables

Served with Antica Cabernet Sauvignon 2014, Atlas Peak, Napa Valley, California

Congo Bar Brownies

Served with Laurent-Perrier Harmony Demi-Sec NV (Non-Vintage), Champagne, France

Key Lime Pate A Choux With Toasted Meringue

Vanilla Brioche Feuilleté With Lemon Scones

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. When complete 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 the Sky Lounge’s culinary experience include Museum Beach, the building’s exclusive beach club in South of Fifth, 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.

For more information about One Thousand Museum, private showings or purchasing/ leasing information please fill out the form below:

Closings Underway At NR Investment's CANVAS In Downtown Miami's Arts + Entertainment District

Closings are now underway at CANVAS, NR Investments’ newly delivered condo in Downtown Miami’s Arts + Entertainment District. The first recorded closing was on January 15 and residents are now moving in. Construction on the 37-story CANVAS began in December 2015 with a February 2016 groundbreaking before topping off in August 2017. To date over 85% of the 512 condominium units have been sold. CANVAS is Fannie Mae-approved, making it possible for qualified buyers to get financing up to 97% on units where residences are priced between $386,200 and $630,000.

CANVAS is located at 1630 N.E. 1st Avenue, in the heart of of Arts + Entertainment District. Developer NR Investments and its principals are the founders of the Arts + Entertainment District, an enclave flanked by Wynwood, Edgewater and downtown Miami. Amenities at CANVAS include a 100' long, enclosed dog run overlooking downtown Miami, a glass-enclosed racquetball court built to professional specifications, an outdoor yoga garden, a state-of-the-art fitness center, movie screening room, kids play room, and three outdoor pools. CANVAS will also feature a rooftop restaurant and lounge in addition to Esotico Miami, a restaurant and craft cocktail bar which will occupy a ground floor retail space and is from the same group behind Segafredo in partnership with award-winning international bartender Daniele Dalla Pola.

For more information about CANVAS, private showings or purchasing/ leasing information please fill out the form below:

Brazilian Billionaire Jose Isaac Peres Reveals Plans For 312 Ocean Park In South-Of-Fifth

Brazilian billionaire developer Jose Isaac Peres of Multiplan Real Estate Asset Management, has proposed 312 Ocean Park in South Beach’s South-Of-Fifth neighborhood. 312 Ocean Park will be a luxury, boutique condo building located at 304 and 312 Ocean Drive, the 11,500 SF lot vacant lot across from Marjory Stoneman Douglas Park which the developer acquired for $9.85 million in December 2018. 312 Ocean Park, which is being designed by Luis Revuelta of Revuelta Architecture, will rise 4-stories and offer 10 residential units including two duplex penthouses and two lanai-style homes. Amenities will include 20 parking spaces, a private amenity deck with a pool. The project is currently under the approval process including from the Miami Beach Historic Preservation Board and is expected to launch sales as early as next year with a construction timeframe of 12 to 14 months.

For more information about 312 Ocean Park, private showings or purchasing/ leasing information please fill out the form below:

AirBNB Reports $204 Million Of Host Income In Miami-Dade In 2018, Up 52% Year-Over-Year

AirBNB has reported that hosts in Miami-Dade took in a whopping $204 million in 2018, up 52% from the $134.6 million in 2017. The county led all of Florida, followed by Osceola County and Broward County at $82.6 million and $80.3 million respectively. AirBNB hosts in Florida took in $810 million in 2018, which was an 80% increase from 2017 when host income was $450 million and almost three times the $273 million first reported in 2016. Of the $810 million, over $315 million, 38%, was reported by the counties that make up South Florida with over 1.47 million guests as Palm Beach County also brought in $30.6 million. AirBNB also reported that over 45,000 Florida hosts share their homes on the platform with an average of $6,500 in annual supplemental income.

AirBNB recently sued the City of Miami Beach over the newly instituted ordinance regulating short-term rentals which requires short-term rental platforms, such as AirBNB, to regulate the posted listings and only offer properties that have provided proof of registration with the city. AirBNB recently took down all illegal Miami Beach listings from the site. AirBNB is also planning an IPO in late 2020 and has been valued at over $31 billion.

For more information about short term rental opportunities, management or purchasing/ leasing information please fill out the form below:

Douglas Elliman Appoints Patricia Rotsztain As Managing Broker for Miami Beach Offices

Douglas Elliman, the third largest residential real estate company nationwide, has appointed Patricia Rotsztain as the new Managing Broker for the firm’s Miami Beach offices. Patricia holds a Master’s Degree in Psychology and is a graduate of Harvard's AMDP (Graduate School of Design). During her previous tenure, Rotsztain closed on major deals such as the sale of the Auto Nation Honda dealership, a selection of Wynwood properties, Little Havana multifamily buildings and land deals throughout the area. She has also served as Governor of the Miami Association of Realtors, comprised of over 50,000 members.

“We are honored to welcome Patricia Rotsztain to Douglas Elliman where her wealth of experience and leadership skills will serve as phenomenal asset in overseeing our daily operations in Miami Beach,” said Jay Phillip Parker, Douglas Elliman’s Chief Executive Officer for Florida.

Under Rotsztain’s leadership, Douglas Elliman will open a third Miami Beach office as the firm further expands its reach in South Florida, located at 120 Ocean Drive in South Beach’s newest luxury development, GLASS. The ground retail space will serve as the home to Miami Beach top agents Eloy Carmenate, Mick Duchon and Dina Goldentayer. The 671 SF office was designed by renowned Miami architect, Rene Gonzalez. The office was designed with warm tones and decorations, encapsulating the appeal and present day improvement represented through the South of Fifth neighborhood. With over 20 years of experience specializing in commercial deals, investment properties, new development sales and luxury residential, Patricia Rotsztain explained “Douglas Elliman is home to many industry leaders and top agents across the nation, it is truly an honor to bring my expertise to Elliman’s Miami Beach region while working alongside some of the most recognized brokers in the business.”

Article by Stephanie Warren

One CocoWalk Signs Creative Coworking Pioneer & Operator Spaces As Anchor Tenant

As the redevelopment of CocoWalk continues, the joint venture behind the project, comprised of Federal Realty Investment Trust (NYSE: FRT), Grass River Property and Comras Company, has announced that it has signed its anchor tenant, co-working company Spaces, to occupy 42,883 SF at the new Class A office building One CocoWalk. Spaces’ long-term lease is comprised of 2,029 SF on the building’s ground floor and 40,854 SF on the second and third floors. The anchor tenant brings the 5-story centerpiece office building to 50% leased, with other leases in advanced negotiations. Spaces is an international creative coworking company operating over 160 locations in 80 countries worldwide. This deal marks the third location for Spaces in South Florida. Randy Carballo and Gavin Macphail of JLL in Miami represented the tenant, Spaces, in the lease transaction while the landlord, One CocoWalk, was represented by Tere Blanca, Danet Linares and Juan Ruiz of Blanca Commercial Real Estate.

“As new ways of doing business emerge, the flexibility coworking facilities offer is gaining popularity. Spaces is a great fit for freelancers, energetic entrepreneurs, mobile workers and startups as well as project teams or regional headquarters of well-established companies,” said Jan Sweetnam, Senior Vice President and Chief Operating Officer of Federal Realty Investment Trust. “Coconut Grove, renowned as Miami’s bohemian enclave since the 1960s, appeals to the nomadic, non-traditional mindset of the millennial generation now comprising the lion’s share of the workforce, making it a perfect site for Spaces.”

“South Florida is experiencing an entrepreneurial surge and Coconut Grove is quickly becoming one of the area’s premier destinations for startups to call home,” said Michael Berretta, Vice President of Network Development for IWG, which owns Spaces. “It’s an exciting time to be entering the market and One Cocowalk was a natural choice for our next Spaces location within the region. It embodies the vibrant spirit and ethos of our brand and provides the amenities and type of neighborhood environment that will help further foster our members’ growth and creativity.”

The coworking concept offers tenants a variety of workspace options, from dedicated desks to traditional office configurations to open areas that foster collaboration, on flexible contract terms. Special events and other perks conspire to create a shared work environment that is fun, efficient, inspiring and productive.

One CocoWalk is one of three office buildings under development for the first time in 30 years in the Coconut Grove office market. All three buildings are experiencing strong leasing activity that has solidified the Grove’s position as a highly desirable location for companies seeking class A office space. Amenities at the 85,762 SF One CocoWalk will include dedicated elevators connecting office users with private parking, 24/7 security, and a visitor entrance and lobby as well as access to a full-service gym inside CocoWalk. Perhaps the most unique amenity for tenants will be One CocoWalk’s rooftop terrace and event space, an urban oasis overlooking Coconut Grove’s lush tree canopy and historic brick sidewalks.

The transformation of CocoWalk will create a premier lifestyle destination with experiential retail, dining and entertainment spaces along with public spaces for the community to enjoy. When complete CocoWalk will be home to a total of 100,000 SF of office space and 150,000 SF of experiential retail, dining and entertainment space, along with welcoming public spaces throughout. Completion of the retail and office components are slated for the first quarter of 2020.

“In addition to offering entrepreneurs a fully-amenitized co-working space in the heart of Coconut Grove, the arrival of Spaces will bolster the Grove’s fast-growing daytime population, driving even more foot traffic to area shops and restaurants with CocoWalk at the center of this action. This is a big win for Coconut Grove,” said Tom Roth, principal of Grass River Property.

The upscale shopping center, which first opened in 1990, was purchased in 2015 by Federal Realty Investment Trust (NYSE: FRT), Grass River Property and Comras Company. The JV is now under construction with a redevelopment plan that will enhance CocoWalk’s connection to surrounding streets, aligning the property with the area’s changing demographics and revamping its commercial offerings.

For more information about One Cocowalk, private showings or purchasing/ leasing information please fill out the form below:

Coral Rock Development Group And Arena Capital Holdings Reveal Pura Vida Hialeah

The Miami-based Coral Rock Development Group and Arena Capital Holdings announced the plans for Pura Vida Hialeah , a premier mixed-use project set to be the first kind in Hialeah. Pura Vida, meaning “Pure Life,” is the first major mixed-use development in the area in more than 20 years. The development is led by Stephen A. Blumenthal, David Brown, Victor Brown and Michael Wohl of Coral Rock Development Group in partnership with Oscar Rodriguez, Ana Rodriguez and Sebastian Roiter of Arena Capital Holdings. The project is spread over nine acres with the first new sleek contemporary designed vertical towers located at 2901-3099 W 16th Avenue and 1571 W 29th Street. Pura Vida Hialeah possess a central location just minutes from major thoroughfares including I-75, the Palmetto Expressway, the Florida Turnpike and Okeechobee Road, offering direct access to Greater Miami and the surrounding areas.

“As the sixth-largest city in the state and with one of the lowest vacancy levels in the metropolitan area at just two percent, Hialeah has quickly earned its place as Miami’s newest destination for investment. Recently revamped zoning and density laws in an effort to court millennials have also cemented its status as one of the most desirable and stable submarkets in Miami for development,” said Michael Wohl, principal of Coral Rock Development Group.

“We are excited to usher in a new era in Hialeah with the introduction of Pura Vida. Our goal in creating this development was to create a new paradigm for living in Hialeah,” said Stephen Blumenthal, principal of Coral Rock Development Group. “With the support of the City of Hialeah, our vision for Pura Vida Hialeah is becoming a reality, and we look forward to offering Hialeah citizens this contemporary and convenient new walkable lifestyle.”

Pura Vida Hialeah offers a wide array of floorplans ranging in size from 538 SF to 1,099 SF, and includes studios, one, two, and three-bedroom units. The featured amenities will include a resort-style pool, state-of-the-art gym, BBQ area, dog park, and 24-hour security staff for the convenience of residents. Pura Vida Hialeah will further offer a vibrant mix of popular restaurants, shops and other conveniences while providing an exceptional pedestrian-friendly lifestyle, with an densely populated community. The project is set to break ground in 2019 and is expected to be completed in 2020.

“We are grateful to Mayor Carlos Hernandez and the entire staff of the City of Hialeah for their support and invaluable assistance throughout the entitlement process,” added Oscar Rodriguez, Manager of Arena Capital Holdings. “We look forward to continue working together as we deliver Pura Vida Hialeah, which will benefit the community for many years to come.”

Article by Stephanie Warren

Miami Worldcenter Delivers Its First Tower As CAOBA Apartment Tower Launches Leasing In Downtown Miami

Miami Worldcenter, the 27-acre, $4 billion development in Downtown Miami, is preparing to welcome its first residents after 15 years of land acquisitions, planning and construction. The 444-unit, transit-oriented CAOBA rental tower has received the green light to welcome tenants and with the launch of leasing has become the first building to deliver within the master-planned Miami Worldcenter project. The opening of CAOBA is the first in a string of milestones that will take place at Miami Worldcenter in 2019. Over the coming months Paramount Miami Worldcenter, the only condominium for currently for sale in Miami Worldcenter, will be completed; the 348-room citizenM hotel will break ground, and 150,000 square feet of retail space deliver. CAOBA was co-developed by CIM Group and Falcone Group.

CAOBA’s apartments range from studios to 3-bedroom units which range in size between 500 SF and 1,300 SF. Monthly rents range from from $1,775 to $4,275. Units feature 9’ ceilings, contemporary finishes, in-unit washers and dryers, and private balconies offering sweeping views of Biscayne Bay and the Miami skyline. Amenities at CAOBA including a 10th-floor resort-style pool deck overlooking downtown, a rooftop fitness center, a club room with a fully-equipped kitchen, and an outdoor dog-walking lawn. CAOBA also offers more than 20,000 SF of street-level retail space that will be home to shops and restaurants creating an east-west pedestrian promenade linking Miami Central with Miami Worldcenter’s ‘High Street’ retail component and public plaza to the east as well as six transit systems located within one block of the tower.

“As the first tower to deliver at Miami Worldcenter, CAOBA is a cornerstone of our city within a city,” says Nitin Motwani, managing principal of Miami Worldcenter Associates. “CAOBA residents will be living at the intersection of arts, entertainment, education, retail and transit — introducing an element of convenience, proximity and walkability that is new to Miami. Our team has received countless inquiries from people interested in renting a luxury apartment at Miami Worldcenter, and they now have a chance to do just that as we open the doors at CAOBA.”

The Related Group, Block Capital and Kravitz Design's Rental Project The Bradley Tops Off In Wynwood

Leading national developer, The Related Group, and Block Capital Group has announced the top-off of the Wynwood neighborhood’s newest residential project, The Bradley, located at 51 Northwest 26th Street. The Bradley will offer 175 studio-, one-, and two-bedroom units which range from 480 SF to 1,000 SF and over 32,000 SF of commercial space. Rents are projected to start in the low $1,400s per month, with the majority of rents totaling less than $2,000 per month. Residences feature Italian kitchens and vanities, stainless steel appliances, in-unit washer and dryer, walk-in closets and a convenient, keyless entry system. The Bradley was designed by Arquitectonica in collaboration with creative direction from Kravitz Design, founded by Grammy-Award-winning artist, Lenny Kravitz. Completion is slated for late 2019.

“There is already an incredible momentum in Wynwood, but it is thoughtfully developed projects like The Bradley that will help the neighborhood reach that next level,” explains Jon Paul Pérez, Vice President at Related. “There has been a noticeable increase in real estate activity since we began construction and I expect the pace of commercial leases, groundbreakings and new project announcements will continue to rise as we approach completion. Our whole team is eager to see how the neighborhood evolves over the next few years.”

Amenities include speakeasy-inspired common areas, 24/7 concierge, a rooftop terrace is adorned with an expansive pool, a covered amenity deck with city views and an outdoor kitchen with barbeques and a formal dining area, a world-class fitness facility and health club serving both residents and their guests, bicycle storage, and 233 space garage with gated entrance. All building amenity spaces offer high-speed internet and cell service options for dedicated wireless connections in addition to a wide collection of curated artworks and site-specific murals from a variety of local and international artists. The Bradley will also bring 32,000 SF of retail and restaurant space to the neighborhood with expansive pedestrian walkways, complete with high-quality design and landscape elements.

“Every detail of this project, from its physical location to in-unit amenities, were built with the renter in mind,” says Martin Miculitzki of Block Capital Group. “We want future residents of Wynwood to have an outstanding, unparalleled experience from the moment they walk through the front door of The Bradley. We are proud to partner with Related and attract international attention to this vibrant, revitalized neighborhood.”

The Related Group has three additional properties in the art-filled neighborhood including Wynwood 25, a 289-unit rental property which recently completed vertical construction; The Annex, a 50,000 SF office and retail development; and Wynwood 29, a 182-unit micro condo development.

For more information about The Bradley, private showings or purchasing/ leasing information please fill out the form below:

Construction On Esplanade At Aventura Now Underway At Aventura Mall

The New York-based Seritage Growth Properties has begun construction on the first phase of Esplanade at Aventura, the 215,000 SF ground-up development featuring experiential retail, unique entertainment and fine dining in a luxurious open-air high-street retail setting on the 12.3 acre site of the former Sears store at Aventura Mall. Once completed, the esplanade will offer a diverse mix of leading domestic and international retailers and restaurants, many of which will be new to the South Florida market, creating a world-class attraction for residents and visitors. Esplanade at Aventura is designed by SB Architects and Rockwell Group, which will feature a pedestrian boulevard, large outdoor plazas, as well as multiple patio and rooftop dining and entertainment areas. The project will also bring a new parking garage. Seritage Growth Properties is a publicly traded real estate investment trust which split off of parent company Sears in 2015. Seritage Growth Properties owns over 230 Sears properties nationwide, many of which they lease back to the struggling retailer. In 2016 Seritage Growth Properties sued Aventura Mall over the $214 million expansion which they claim violated a long-standing agreement but the case was settled and mall expansion is now nearly complete. Esplanade at Aventura is scheduled to open in late 2019.

For more information about Esplanade at Aventura, private showings or purchasing/ leasing information please fill out the form below: