Inside The DOMO-Designed 15-Acre West of West District Proposed To Transform The Heart Of South Beach
A partnership between Todd Michael Glaser, Jarrett and Sean Posner, Fred Carlton and Charlie Ratner have proposed a 15-acre mixed use project known as West of West District in South Beach. The project is designed by DOMO Architecture + Design and is located between Bay Road and Alton Road and 13th Street and 16th Street on Miami Beach.
A partnership between Todd Michael Glaser, Jarrett and Sean Posner, Fred Carlton and Charlie Ratner have proposed a 15-acre mixed use project known as West of West District in South Beach. The project is designed by DOMO Architecture + Design and is located between Bay Road and Alton Road and 13th Street and 16th Street on Miami Beach. The development team presented the project to Miami Beach Commissioners earlier this month (February 2019) and it will go up in front of Miami Beach’s Land Use Board in March. The developers are seeking a reduction in setbacks from the city. West of West will be built around a pedestrian concept bringing live/work lofts, restaurants and retail accentuated with landscaped parks and courtyards to the district. DOMO, which is led by Robert Moehring and Francisco Llado, consulted organizations such as the Urban Land Institute in reference to climate change while designing the project. The developers amassed 9 properties in the district for $10 million where there are an estimated 120-140 properties.
The Revuelta Architecture-Designed Bijou Bay Harbor Tops Off Powering Towards An Expected Completion This Summer 2019
Bijou Bay Harbor, the luxury boutique condominium developed by Ability by Acierto on Bay Harbor Islands, has topped off at 75’ and is is slated for completion in July 2019. Bijou Bay Harbor broke ground in June 2017 with Coastland Construction as the general contractor for the project.
Bijou Bay Harbor, the luxury boutique condominium developed by Ability by Acierto on Bay Harbor Islands, has topped off at 75’ and is is slated for completion in July 2019. Bijou Bay Harbor broke ground in June 2017 with Coastland Construction as the general contractor for the project. Construction is estimated to cost a total of $20 million. The 9-story waterfront property at 9521 East Harbor Bay Drive was designed by Revuelta Architecture International and interior designer Adriana Hoyos, as a quiet island sanctuary with sleek lines and open spaces flooded with natural light. Bijou Bay Harbor offers 41 luxurious and private residences, including five penthouses, ranging from 900 SF to 2,100 SF. Residents will enjoy boutique island living and casual elegance with amenities that include a sky lounge with pools, fire pits, seating areas, and unobstructed intracoastal views.
“Bijou Bay Harbor’s topping off represents a major step forward for Ability by Acierto, as we further our efforts to establish our footprint in the South Florida,” stated Robert Morales, vice president of operations. “We are thrilled to play a part in redefining the skyline and are actively seeking other opportunities for development in South Florida.”
Bijou Bay Harbor is the first South Florida development for Ability by Acierto, a partnership between Conexo Inmobiliario, led by Andres Arias, and Acierto Inmobiliario, Colombia’s second-largest developer founded by Juan Carlos Gonzalez. Prices at Bijou Bay Harbor begin in the mid-$600,000s and rise to $2 million for the penthouses. The project is 95% sold.
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Transwestern Names Bruce Ford As President of Transwestern Commercial Services' East Region
Transwestern has announced that Bruce Ford has been named President of Transwestern Commercial Services’ East Region. Ford, who previously served as President of the Southeast, now assumes oversight of operational excellence, client service delivery, and business development initiatives.
Transwestern has announced that Bruce Ford has been named President of Transwestern Commercial Services’ East Region. Ford, who previously served as President of the Southeast, now assumes oversight of operational excellence, client service delivery, and business development initiatives for the commercial real estate services business in offices throughout Florida, Georgia, Tennessee, Virginia, Maryland, the District of Columbia, Massachusetts, New Jersey and New York. This new position is part of the company’s transformation to a broader, three-region approach to commercial services, which is designed to inspire high performance, capitalize on synergies and enhance client connectivity.
“Transwestern is committed to exceeding clients’ expectations for consistency, innovation and cost savings, so it makes good sense to view our commercial services offerings through a wider lens,” said Tom Lawyer, President, Transwestern Commercial Services. “Bruce’s business acumen and proven ability to drive results make him a natural fit for this new role. We are confident his strong leadership will further collaboration, spark creativity, and ultimately grow market share in some of the country’s most vibrant, multi-faceted markets.”
Ford’s responsibilities during his 10-year tenure with Transwestern span all business lines, including Agency Leasing, Asset Services, Capital Markets and Occupier Solutions. His leadership in management operations, financial planning and creative marketing has led to tremendous recruiting success and regional growth. Since Ford assumed responsibility of the Southeast, the region’s property management portfolio has more than doubled to its current 20.3 million square feet, and in the past five years, transaction volume increased approximately 25%.
“Transwestern’s ability to attract and retain top talent coupled with our intense focus on service delivery have established Transwestern as a leader in the industry,” said Ford. “It is an honor to work alongside an inspiring leadership team with a clear vision – one aimed at expanding opportunities for our team members and challenging each of us to think differently about how we work together to add value for our clients.”
Ford serves on Transwestern’s Board of Directors and Executive Committee. He holds the designation of Real Property Administrator (RPA) from the Building Owners & Managers Institute, and, since 2008, he has been included in the Atlanta Business Chronicle's "Power 50," a guide to the city’s top 50 industry leaders.
BH 18 Investments Reveals Studio Baigorria-Designed Krystal Tower In Downtown Miami
BH 18 Investments, LLC. has submitted plans for Krystal Tower at the former Logik site next to MiamiCentral Station to the Urban Development Review Board. The tower would be built on the podium which was previously abandoned over a decade ago and is designed by Studio Baigorria.
BH 18 Investments, LLC. has submitted plans for Krystal Tower at the former Logik site next to MiamiCentral Station to the Urban Development Review Board. The tower would be built on the podium which was previously abandoned over a decade ago and is designed by Studio Baigorria. Krystal Tower will rise 32-stories and will feature 154 residential units, 79,180 SF of office space and 251 parking spaces. Krystal Tower will be located at 530 NW 1st Ct. Brazilian developer Rodolfo Ishak sold the site for $8.55 million to BH Investments, LLC. in December 2018 in a deal financed by Transcapital Bank.
Optimum Development Launches Monaco Yacht Club & Residences With Interiors By Piero Lissoni On Miami Beach
Monaco Yacht Club & Residences, a new luxury Bayfront condominium by Optimum Development USA on Miami Beach has officially launched sales. In collaboration with two of the most esteemed names in design, Piero Lissoni and international architecture firm Arquitectonica, the nautically themed, 12-story boutique project will feature 39 luxurious waterfront residences.
Monaco Yacht Club & Residences, a new luxury Bayfront condominium by Optimum Development USA on Miami Beach has officially launched sales. In collaboration with two of the most esteemed names in design, Piero Lissoni and international architecture firm Arquitectonica, the nautically themed, 12-story boutique project will feature 39 luxurious waterfront residences offering the ultimate indoor/outdoor lifestyle. Located in the highly sought-after neighborhood of Miami Beach at 6800 Indian Creek Drive, Monaco Yacht Club & Residences is situated on one of the last remaining waterfront properties in the area. World-renowned Italian interior designer Piero Lissoni meticulously curated each of the unit interiors with precise attention to detail inclusive of the refined Italian-made fixtures and finishes throughout, as well as the lobby and the premier “Resident’s Lounge” featuring a library and breakfast bar for leisurely waterfront dining.
Residences at Monaco Yacht Club & Residences feature range in size from 918 SF to nearly 5,000 SF and one to four bedroom floor plans. Units feature private elevator access, expansive oversized wraparound terraces with outdoor cooking facilities, floor-to-ceiling glass windows with stunning direct water views and each of the signature modern units will be delivered fully-finished with European custom wood flooring and exclusive bespoke Lissoni® packages. Residences also feature Boffi contemporary Italian kitchens with stone countertops, 10’-11’ high ceilings throughout, large walk-in closets, and Crestron® Home Automation systems with the latest “Smart Building” technology. Imported Italian marble flooring, spacious tubs and frameless, glass-enclosed rainfall showers with Fantini designer faucets add to the premium bathroom interiors. A limited collection of two impressive penthouses will offer expansive living areas, including private terraces featuring spectacular ocean views starting at 2,888 SF.
“For buyers who seek the pursuit of pleasure and prefer the intimacy of a full-service boutique building, Monaco Yacht Club & Residences is unmatched,” said Ricardo Tabet, Owner and CEO of Optimum Development USA. “We combine world-class design, an exceptional location, jaw-dropping views and a Miami Beach lifestyle that celebrates the very best of urban waterfront living.”
Monaco Yacht Club & Residences offers the best of a yachtsman’s lifestyle, with a 12-slip marina accommodating large vessels, a yachting concierge for maintenance needs, yacht charters or sailing and fishing excursions for the day to the Bahamas, the Florida Keys or to enjoy the Atlantic Ocean and the best of South Florida’s coastal living. Additional waterfront amenities include paddle boarding, kayaking and more. Additional amenities include a breathtaking rooftop terrace with panoramic views of the Miami skyline featuring a pool with poolside chaise lounge chairs, Jacuzzi and shaded lounge areas with a grill for entertaining, as well as a state-of-the-art fitness center overlooking Biscayne Bay.
“Monaco Yacht Club & Residences’ prime waterfront location and luxurious amenities makes for a product unlike any other in the Miami Beach market,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The exclusivity, views and boutique waterfront lifestyle is for the distinguished buyer looking to indulge in the best Miami Beach has to offer all from the convenience of their home. We are thrilled to lead the sales of what will certainly be a coveted property and look forward to introducing the project to Fortune’s extensive network of brokers and buyers.”
Pricing starts at $1.1 million with exclusive sales and marketing by Fortune Development Sales. The temporary sales center is scheduled to open in the coming weeks at 846 Lincoln Rd, 3rd floor.
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Codina Partners Launches Leasing For Beacon Logistics Park In Hialeah
Codina Partners a distinguished real estate development, management and investment firm, has launched leasing for the newest logistics and distribution built-to-suit park in South Florida, Beacon Logistics Park. It is located at Northwest 145th Place and NW 107th Avenue.
Codina Partners a distinguished real estate development, management and investment firm, has launched leasing for the newest logistics and distribution built-to-suit park in South Florida, Beacon Logistics Park. It is located at Northwest 145th Place and NW 107th Avenue. The master-planned industrial development is located in close proximity to the Florida Turnpike, the Palmetto Expressway and I-75, providing easy access to all of Miami-Dade County and Broward County. Beacon Logistics Park will have more than 1.3 million square feet of space, giving tenants the adaptability to expand. The first phase of the Class A distribution park is Building F, which will be 147,768 square feet, with units available from 17,280 square feet and up. The building will feature a non-shared truck court, a building depth of 160 feet with a 60 foot speed bay to accommodate tenants needs.
“Tenants at Beacon Logistics Park will not only reap the benefits of the property being developed and managed by the seasoned team at Codina Partners, but they will also be located in a prime area with a growing population of skilled talent and quick access to Miami International Airport, PortMiami, and Port Everglades,” said Jose Juncadella SIOR, Principal at Fairchild Partners, leasing agents for Beacon Logistics Park.
Article by Stephanie Warren
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Tour This Glass Covered Architectural Gem Which Just Sold For $5 Million In South Miami
4700 SW 74th Street, a chic contemporary architectural gem that features vertical gardens and lush canopies of live oaks, has sold in South Miami for $5 million. ONE Sotheby’s represented both sides of the transaction with Ana Sanchez and Yedri Villafane representing the seller and Alina de la Vega representing the buyer.
4700 SW 74th Street, a chic contemporary architectural gem that features vertical gardens and lush canopies of live oaks, has sold in South Miami for $5 million. ONE Sotheby’s represented both sides of the transaction with Ana Sanchez and Yedri Villafane representing the seller and Alina de la Vega representing the buyer. The home was designed by acclaimed architects O’Donnell Dannwolf & Partners who complimented the contemporary glass and steel design of the home with natural stack stone, woods, and water features. The estate features bright open spaces throughout and includes 6 beds and 6.5 baths within, built on a 34,408 SF lot is enhanced by the vertical gardens, designed by celebrated Venezuelan landscape architect, Andres Tabora, and an glittering infinity pool at the entry foyer. The home also include a fitness room, a cabana, outdoor kitchen, 3-car garage, stone and wood flooring, designer lighting and fixtures, multi-use spaces suitable for offices or spare bedrooms and spacious walk-in closets.
Photos via Lifestyle Production Group for ONE Sotheby’s International Realty
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The Solar Powered Touzet Studio-Designed Grove Central Locks Down FAA Approval
The FAA has approved the Touzet Studio-designed Grove Central, an innovative $200 million mixed-use project that will use solar panels to produce its own electricity. Grove Central is located at the Coconut Grove Metrorail station and is being developed by Terra Group and Grass River Property.
The FAA has approved the Touzet Studio-designed Grove Central, an innovative $200 million mixed-use project that will use solar panels to produce its own electricity. Grove Central is located at the Coconut Grove Metrorail station and is being developed by Terra Group and Grass River Property. The building will be the first Urban Microgrid in Florida and will feature solar panels which will produce 2 megawatts of power that will be stored in batteries at a rate of 20 megawatts per hour. Grove Central will also feature a geothermal AC system and a waste-to-energy plant that will convert sewage into usable power. The proposal is currently undergoing wind tunnel testing.
Global City Development & Asia Capital Real Estate Management Break Ground On MiMo Bay Apartments In Miami's Upper East Side
Asia Capital Real Estate Management (ACRE) and Global City Development, led by Principals Brian Pearl and Diego Procel, celebrated the groundbreaking of MiMo Bay Apartments, a 236-unit mixed-use waterfront community in Miami’s Upper Eastside.
Asia Capital Real Estate Management (ACRE) and Global City Development, led by Principals Brian Pearl and Diego Procel, celebrated the groundbreaking of MiMo Bay Apartments, a 236-unit mixed-use waterfront community in Miami’s Upper Eastside. The project is a joint venture between ACRE and a large Canadian Pension Fund, and will be built on the 3.6-acre site of the former American Legion Post No. 29 building. The five-story waterfront building is being built by Miami-based Coastal Construction Group and financed via a $51 million construction loan from TD Bank. Designed by Stantec's Miami office, MiMo Bay Apartments will comprise of 236 LEED-certified market-rate rental apartment units, as well as 15,000 SF facility to be owned and operated by Post No. 29 for the use of its military veteran members. The Post No. 29 space will feature a gym, areas for physical therapy, a wellness center, and a swimming pool with services will include group therapy, acupuncture, post-traumatic stress disorder treatment, and more.
MiMo Bay Apartments is located adjacent to Legion Memorial Park at 6445 NE 7th Avenue in Miami’s MiMo District, the ceremony included remarks from Global City Development Principal Diego Procel, as well as ACRE Managing Partner Blake Olafson. Commander Robert Bellamy representing Post No. 29 and City of Miami Commissioner Ken Russell were also in attendance to initiate the ceremonial event.
“We’re incredibly proud to officially break ground on MiMo Bay Apartments and begin the process of developing this project with an extraordinary group of individuals,” said Olafson. “MiMo Bay Apartments will bring a world-class standard outdoor and waterfront living concept to Miami’s Upper Eastside, whilst being built and designed by local Miami firms.”
“We look forward to contributing such an important development in this growing neighborhood,” added Procel. “As the proud father of a Marine and recognizing the need for a community that serves the Legion, this development will realize an incredible opportunity for veterans to enjoy vastly enhanced amenities in the area.”
“Our vision for MiMo Bay is to pay homage to the surrounding neighborhood and its Miami Modern (MiMo) style of architecture, and to establish a connection between the bay and the park,” said Christina Villa, senior associate with Stantec’s Miami office. “We mixed modern and sharp angles to maximize water views from all areas including the units, public spaces and the American Legion facility. Natural fauna and landscaping will be implemented to enhance the site, blend with the park and provide a secluded retreat for residents.”
Ocean Land Investment's AquaBlu Designed by Borges + Associates Architects Receives PCO In Fort Lauderdale
Ocean Land Investments, led by Jean Francois Roy, has announced that AquaBlu, their new Borges + Associates Architects-designed For Lauderdale condo, is completed and has received its PCO (Partial Certificate of Occupancy). AquaBlu is the largest of the firm’s five Aqua-branded condominiums which include AquaMar, AquaLuna, AquaVita and AquaVue, all of which have also been completed.
Ocean Land Investments, led by Jean Francois Roy, has announced that AquaBlu, their new Borges + Associates Architects-designed For Lauderdale condo, is completed and has received its PCO (Partial Certificate of Occupancy). AquaBlu is the largest of the firm’s five Aqua-branded condominiums which include AquaMar, AquaLuna, AquaVita and AquaVue, all of which have also been completed and offer upscale residences with resort-like amenities that complement the natural beauty of the Fort Lauderdale Waterway and deliver an idyllic waterfront lifestyle. AquaBlu is now set to begin closings.
“We are delighted to see another incredible sales success and closeout of our Aqua-series developments in Fort Lauderdale,” said Jean Francois Roy, President of Ocean Land Investments. “These one-of-a-kind properties showcase the uniqueness of the area, that of sophisticated city living, within a private waterfront environment. Few areas of the country can afford such a setting.”
“We have long-said that the combination of quality and true value has always set the Aqua-series apart,” adds Roy. “We feel privileged to have the confidence of both the public and the real estate community as a whole in helping us achieve this benchmark.”
Overlooking the Atlantic Ocean and Fort Lauderdale’s historic Bonnet House Museum and Gardens, the luxurious 17-story boutique condominium features 35 residences which range from two- and three-bedroom units and in size from 2,136 SF to 4,295 SF. Residences feature unparalleled ocean and Intracoastal views and a cutting-edge contemporary design including sleek, modern kitchens with Italian cabinetry, Sub-Zero and Wolf appliances, quartz countertops, and optional walk-in wine cellar or pantry. Each unit comes furniture ready with flooring, paint and electric shades. Residences feature private elevator access, expansive bedrooms with 10’ high ceilings and walk-in closets, and bathrooms feature frameless, glass-enclosed showers, as well as designer vanities. High-impact, floor-to-ceiling glass windows and sliding glass doors lead to an oversized balcony with water views of the Atlantic Ocean and downtown Fort Lauderdale skyline. Amenities include deep-water yacht slips with ocean access, a state-of-the-art fitness facility, a multi-purpose social and game room, a heated pool, and outdoor barbecue areas. The remaining units at AquaBlu range in price from $1.595 million to $4.495 million.
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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.