Four Seasons Fort Lauderdale Reveals The Most Expensive Condo in Fort Lauderdale, The Newly Listed $35 Million Penthouse

Four Seasons Private Residences Fort Lauderdale, the first five-star development in Fort Lauderdale, just listed a record-breaking $35 million penthouse. The asking price would more than triple the priciest condo sale ever recorded in the city. Branded "SkyHome," the $35 million five-bedroom, six-bathroom penthouse residence spans nearly 19,000 SF of interior and exterior space, including its own nearly 7,000 SF private rooftop park with a pool and putting green. The spectacular home, which is designed by Tara Bernerd, boasts an outdoor pool surrounded by sweeping waterfront views, a private fitness center, home theater and wine-tasting space with temperature-controlled storage. There are also immense walk-in closets, a private laundry room and a private elevator entry to ensure discretion.

Residents enjoy world-renowned Four Seasons service and access to the development’s curated amenities including two pools with luxury cabanas, a state-of-the-art fitness center, beach butler service, signature Four Seasons spa, yachting services and a pet concierge with an on-call veterinarian.

Douglas Elliman's Fredrik Eklund of the acclaimed Eklund Gomes team, known for handling the most luxurious properties across the world, has been tapped to handle the sale of the residence. The development is well over 60% sold, and first occupancy is scheduled for 2021.

Images via Four Seasons Private Residences Fort Lauderdale

For more information about Four Seasons Private Residences Fort Lauderdale, private showings or purchasing/ leasing information please fill out the form below:

13th Floor Investments & Adler Group Lock Down $99 Million In Construction Financing For 2nd Tower At Link at Douglas

Miami-based real estate developers Adler Group and 13th Floor Investments have finalized a $99 million loan that will open the door to the construction of a second tower at Link at Douglas, a 7-acre master-planned development that will transform Miami-Dade County’s Douglas Road Metrorail Station into a mixed-use transit hub with residential, retail and commercial office uses. The loan, which was issued by Banco Santander and TD Bank, will help fund the construction of the 36-story multifamily building, which will include 421 rental apartments and 17,000 SF of ground-floor retail space.

Situated directly adjacent to the Douglas Road Metrorail Station at 3100 Douglas Road, the Arquitectonica-designed building will also feature a public plaza with connectivity to The Underline, a 10-mile-long linear park being built underneath the Metrorail tracks running from Downtown Miami to South Miami.

Construction of Tower 2 is expected to get underway this month (February 2020) and is expected to be completed in late 2022. Tower 1, a 22-story multifamily building designed by Corwil Architects with 312 rental apartments and 6,000 SF of retail space, broke ground in July 2019 and is slated for completion in 2021.

“The closing of this construction loan is a testament to our strong bank relationships and also signals the continued confidence in our latest transit-oriented development, as well as our ability to execute as a development team,” said Daryl Shevin, CFO of 13th Floor Investments.

“Link at Douglas will set a standard for urban living by catering to Miami-Dade’s evolving residents, who are looking for ways to avoid road congestion through public transit while seeking a more connected lifestyle,” said Jonathan Raiffe, Chief Operating Officer of Adler Group.

Link at Douglas is being developed through a collaboration with Miami-Dade County in which the developers have entered into a ground lease for publicly-owned land that will usher in privately-funded transit and infrastructure upgrades at a critical connection point within the County’s transit system. Link at Douglas’ mobility plan includes connectivity to Metrorail, County buses and municipal trolleys. Additionally, the development will incorporate over $17 million in public infrastructure improvements, including a fully renovated Metrorail station, a public plaza with active retail, and a section of The Underline. Link at Douglas marks the second partnership for 13th Floor Investments and Adler Group. The development team recently completed Motion at Dadeland, a 294-unit transit-oriented rental community adjacent to South Miami’s Dadeland North Metrorail Station, which opened to renters in April 2019.

Event Announcement: People to Watch Leaders in South Florida Real Estate

PROFILEmiami, South Florida’s leading real estate news and events platform, is pleased to present People To Watch: Leaders in South Florida Real Estate for a night of networking, drinks and panel discussions with South Florida’s up-and-coming generation of real estate luminaries.

Commercial real estate is demanding, determined by a variety of external factors, and is a relationship-oriented business, so join us to learn firsthand from South Florida’s real estate leaders about how they are shaping the industry, what innovative strategies they’re employing and how they got to where they are today. We hope to engage, inspire and connect the next generation of real estate leaders. Lock in early bird pricing and get your tickets today!

Panelists:

Ryan Shear, Managing Partner, PMG

Peggy Olin, CEO, One World Properties

Joe Furst, Principal, Place Projects

Moderator: Philip C. Rosen, Shareholder, Becker

We will be exploring topics such as:

• What new projects are emerging real estate leaders working on? ( Exclusive Special Announcement from one of our Panelists)

• How did they get to where they are and what was their first significant project?

• What industry trends or concerns are top of mind today?

• How will the South Florida CRE landscape change over the next cycle?

• What is the best way to position yourself for success?

• Plus time for Q&A from the audience

Event Page: http://profilemiamire.com/profilemiami-presents-people-to-watch-leaders-in-south-florida-real-estate-x-miami

Date: Thursday, March 5th | 7-9:30pm

Location: X Miami, common area upstairs

About PROFILEmiami:

PROFILEmiami, a subsidiary of PROFILEmedia, was launched in 2016 to be your one stop destination for South Florida real estate news, events and content. We provide original coverage of the residential, commercial, development, construction, design and brokerage worlds, with a focus on the latest new developments, market trends, local happenings and events, and luxury homes.

In addition to the online publication, PROFILEmiami also hosts industry events, bringing together the top real estate professionals in South Florida to engage, connect and educate our readers. We curate an all-star lineup of panelists, in addition to providing turn-key event production and execution, concept development and vendor securement for our partners. At PROFILEmiami we collaborate with some of the most influential players in the South Florida real estate industry to keep you on the market’s cutting edge.

PROFILEmiamire.com

@profilemiami

Australia’s Plenary Group Submits Plans For Miami-Dade CivilCourthouse in Downtown Miami

Plenary Group, a Melbourne, Australian real estate development firm who was awarded the contract to build the new Miami-Dade Civil Courthouse in Downtown Miami, has submitted plans to the FAA for review. The proposal calls for a 435’ tower rising 23-stories and the developer plans to break ground by this May, 2020. In 2019 The Plenary Group was awarded a $267 million contract to design, build and operate Miami-Dade’s Civil Courthouse at 73 West Flagler Street on county owned land, replacing the 1928-era courthouse that was also the location of the infamous Al Capone trial. The courthouse will feature 46 courtrooms and 59 parking spaces.

Miami-Dade County has called the partnership between Miami-Dade County and the Plenary Group to be the first public-private partnership by the County. Plenary Group will use private funds and will both built and operate the facility with a 30-year contract which could be valued at nearly $27 million per year. The annual payments are performance based and Plenary Group must hit hurdles for operational and maintenance standards. Plenary Group will not start receiving payments until the courthouse is open and operational. HOK is the architect for the project and Tutor Perini is the contractor. Completion is expected in 2024.

Residences by Armani/Casa Pays Off $315 Million Construction Loan

Developers The Related Group and Dezer Development announced today the payoff of a $315 million construction loan to Wells Fargo for Residences by Armani/Casa. The 308-unit tower located on the sands of Sunny Isles Beach celebrates the legendary vision of interior design firm Armani/Casa, led by the famed Giorgio Armani; architecture firm Pelli Clarke Pelli, founded by the late César Pelli; and Swiss landscape architecture firm Enzo Enea. 

This milestone comes weeks after the tower received its temporary certificate of occupancy (TCO), signaling imminent move-ins for buyers. With $800 million in contracts expected to close quickly, the building is well on its way to a planned $1 billion sellout.  

“Paying off this loan so quickly is testament to the caliber of industry leaders this tower unites, from my partner on the project, Related, to the design icons who curated every inch of the building,” said Gil Dezer, President of Dezer Development. “Since TCO, we’ve seen multiple closings per day and could not be prouder to deliver a tower that exceeds all expectations.” 

“This building is a love letter to South Florida from Giorgio Armani and Cesar Pelli, and now stands as a landmark for design as striking as it is thoughtful,” Jon Paul Perez, Executive Vice President at The Related Group. “Alongside Dezer, we couldn’t be more thrilled to bring this tower to life, and it’s clear our excitement is mirrored by those who will call it home.”

The residences feature floor-to-ceiling windows framing the Atlantic Ocean, expansive terraces with glass railings and summer kitchens and kitchens with premium Armani Dada-designed cabinetry and Sub-Zero and Wolf appliances. The master suites feature Armani Dada designed midnight bar with marble countertop and sink, and in the master bath Armani Roca design sink, tub & plumbing fixtures. 

The common spaces are a representation of sophisticated living, through the lens of Giorgio Armani. With over 35,000 SF of amenities across two floors, all exquisitely designed and furnished by Armani/Casa. This is apparent upon arrival to the lobby level, which features a residents-only version Armani/Privé, the famed lounge club with flags in Milan and Dubai. Rich textiles, a palette of softly dramatic tones, and sensual textures creates an atmosphere of refined elegance that continues through the rest of the spaces including the private bar and restaurant adjacent to Armani/Privé, club-inspired game room with billiards, state-of-the-art fitness center with yoga and Pilates, two-story revitalization spa with indoor and outdoor treatment rooms, dedicated children’s room, old Hollywood-inspired movie theatre, private cigar room and temperature-controlled wine cellar. Outdoors, a landscaped terrace serves as the property’s backyard with benefits like an infinity-edge heated pool and hot tub, private oceanfront restaurant and bar offering in-residence deliveries and oceanfront cabanas set within 300-feet of private beachfront. 

Residences are available for immediate occupancy, ranging from 1,800 SF to 6,000 SF and priced from $2.9 to $17 million. This is inclusive of the crown jewel listings, a 5,968 SF north facing penthouse and 5,375 square foot south facing penthouse priced at $17 million and $14 million, respectively. Both feature five-bedrooms, six-and-a-half bathrooms and rooftop terrace space with a private pool.

For more information about Residences by Armani/Casa, private showings or purchasing/ leasing information please fill out the form below:

57 Ocean Reveals $35 Million Penthouse Designed By Sofia Joelsson Design

Multiplan Real Estate Asset Management, developer of 57 Ocean, the ultra-high-end, 18-story boutique condominium on Miami Beach’s Millionaire’s Row, has revealed the project’s new $35 million full-floor penthouse. Directly fronting the Atlantic Ocean with 360-degree views of the azure horizon and vibrant cityscape, the sprawling retreat is the pièce de résistance of high-end real estate in the internationally renowned enclave.

The residence is designed by Sofia Joelsson of Sofia Joelsson Design and spans 7,500 SF of indoor space and an additional 7,000+ SF of outdoor terraces. The amenity-rich home features five bedrooms, one den, six full baths, and one powder room. No detail has been overlooked in the architectural masterpiece, which additionally boasts a myriad of airy, sunlit living areas, each beautifully designed to maximize a seamless connection to the outdoors.

“This $35 million penthouse is truly the jewel in the crown of Millionaire’s Row,” said Marcelo Kingston, Managing Partner of Multiplan Real Estate Asset Management. “There is nothing like it on the market in the area, and we are thrilled to be showcasing it to the world for the first time.  The home’s connection to the ocean is unparalleled -- as is its private, resort-like feel in the epicenter of this tranquil, family-friendly neighborhood.”

Inside the penthouse, the master living room will boast an expansive entertaining room with a gourmet chef’s kitchen and a sculptural wine cellar facing the ocean. There will also be a behind-the-scenes preparation
kitchen for special culinary events, while a lounge area will connect the interiors with outdoor spaces. The master bedroom will be outfitted with his and her closets and a unique bath with a shower and floating tub overlooking the ocean. Just beyond the master suite will be a special spa area, encompassing plunge pools, a massage area shaded by a trellis, and an outdoor sauna for relaxation and extended therapies  Ideal for fitness buffs, the home will have a private gym, as well as a skylight turf with a green area that’s perfect for putting practice. Entertaining in the penthouse is a dream thanks to a uniquely designed club room, complete with a pool table, antique bar, and a plush home theater. Additional standout features in the residence will include a private oceanfront office, a fully-equipped summer kitchen, an art gallery wall, and a one-of-a-kind pool that juts out over the building, blurring into the ocean beyond.

57 Ocean is already one of the most anticipated projects to enter the global prime property market, hailed for its designs by Arquitectonica and interior architect Patricia Anastassiadis, as well as its ocean-inspired holistic wellness amenities. Just last month, Penthouse II at 57 Ocean sold to a New York buyer for $10.9 million, with the building having been singled-out for its proximity to the water and its bevy of Blue Wellness-inspired offerings.

57 Ocean is the brainchild of Dr. José Isaac Peres, Multiplan Real Estate Asset Management’s founder and one of the most globally acclaimed developers. The condominium will offer two to four-bedroom residences, starting at $1.5 million with sizes ranging from 1,200 SF to 3,600+ SF, as well as 10 flow-through Sky Residences, starting at $6.95 million. The well-appointed homes will feature expansive terraces, each stretching 12 feet deep, as well as contemporary Italian kitchens and baths by Poliform. Five-star amenities will include a holistic spa by One Ocean Beauty and products from its marine-based skincare line, a wellness pavilion with a thermal suite and a relaxation and meditation area, along with poolside treatment cabanas, a state-of-the-art fitness center with top-of-the-line MyIsle training equipment by MyEquilibria, and an indoor Technogym fitness center.There will also be a children’s activity room, 24-hour concierge services, pool and beachfront concessions and attendants, direct access to the adjacent Miami Beach Walk, and
more. Sales are being overseen by Fortune Development Sales and the building is on track for delivery in 2021.

Images via DBOX.

Touzet Studio-Designed Urbin Retreat Miami Beach Proposed on South Beach

Urbin Retreat, designed by Touzet Studio, has submitted its final proposal to Miami Beach’s Historic Preservation Board and Planning Board. The proposal says that Urbin Retreat will offer “affordable global mobility through responsible green living and working in urban centers.” Urbin Retreat Miami Beach will be a co-live, co-work and wellness platform that “fosters creativity and ignites connections through small units, big amenities and an emphasis on community.” Located on the 1200 block of Washington Ave. between 12th and 13th street, Urbin Retreat will feature a hotel, co-living, retail, a rooftop bar and a ground floor restaurant and bar.

Rannan Katz's RK Associates Proposes R.K. Center Mega-Project in Fort Lauderdale

Rennan Katz’s RK Associates has proposed R.K. Center, a 5-tower mega-project in Fort Lauderdale. The proposal would replace a former Sears and is currently being reviewed by Fort Lauderdale’s Design Review Committee. R.K. Center would feature restaurants and street front retail along with 5 mixed-use towers featuring office space, retail, hotel and residential apartments. Parcel 1 will feature 3 towers rising 30 stories (X2) and 15-stories offering 819 residential units, 71,960 of commercial space, 4,000 SF of restaurant space, a 4,000 SF food hall and 1,351 parking spaces. Parcel 2 will rise 17-stories and will feature 192 hotel rooms, 22 residential apartments, 3,480 SF of restaurant space, a 1,290 SF cafe and 288 parking spaces. Parcel 3 will rise 15 stories and will feature 135 residential apartments, 4,178 SF of retail, 2,295 SF of restaurant space, a 10,312 SF art gallery and 230 parking spaces. R.K. Center will bring an active urban lifestyle to Fort Lauderdale for both the general public and end users.

Sterling Bay’s 545wyn Tops Off and Celebrates Retail Leasing Launch

545wyn, Wynwood’s first true Class-A office space, led by Chicago-based real estate investment and development firm Sterling Bay, recently celebrated its topping off and retail leasing launch. The 10-story, 325,000-square-foot mixed-use development broke ground in December 2018 and is expected to deliver in late 2020. It presents an exciting opportunity to future office and retail tenants, thanks to top-of-the-line amenities and thoughtful design elements, says Michael Lirtzman, Sterling Bay’s director of leasing. In addition to Sterling Bay, a leader in urban campus headquarters, the local team consists of Place Project’s Joe Furst and Gridline Property’s Alfredo Riascos.

The team has emphasized the importance of carefully curating the retail tenancy and their on-the-ground experience in the neighborhood. “Based on my deep commitment and development history in Wynwood, I want to bring the best possible solutions for its evolution and successful growth as a premier destination to live, work and play,” says Furst, who was previously the managing director of Goldman Properties. 

The development features a private, 4,700-square-foot interior wellness center complete with spinning and yoga and is also complemented by a 17,000-square-foot activated roof deck with full kitchen and bar services. Sterling Bay has also committed to reserving the west façade of the office tower as a canvas with plans to commission murals by local community artists to maintain respect for the neighborhood’s roots and character as a hub for creative expression. 

On the ground floor, 545wyn features 26,000 square feet of retail intended to house three marquee tenants with a heavy emphasis on food, beverage, entertainment and lifestyle services. A major highlight includes a paseo park linking 26th and 27th Streets, spilling into a courtyard that connects the property to neighboring buildings. In addition to retail, approximately 270,000 square feet of flexible, modern office space on highly sought-after large floor plates with floor-to-ceiling windows provides future office tenants with the ultimate modern office experience.

Written By: Stephanie Warren

Vertical Construction Underway At ROVR Development's Grand Station In Downtown Miami

Construction teams have passed the 6th floor of vertical construction at Grand Station Partners’ Grand Station apartment tower, located at 40 Northwest 3rd Street in Downtown Miami, also known as Parcel B. Grand Station Partners is a public-private development partnership led by ROVR Development and its principals Oscar Rodriguez and Ricardo Vadia. When complete Grand Station will rise 30-stories, 322’, and offer 300 rental units within walking distance of MiamiCentral Station, Virgin Trains (Brightline) and Metromover. Units will range in size from 463 SF to 957 SF and will come in studio, 1-bedroom and 2-bedroom floorplans. Grand Station will also offer 350 parking spaces and 5,000 SF of retail space. Amenities will include a pool deck with spa, fitness center, social area and rooftop deck. The building was designed by Zyscovich Architects and Ortega is the general contractor. The construction costs of the project are estimated to be roughly $50 million. Grand Station is expected to be completed in the Spring of 2021. ​​​​​​​