Miami Beach Home Built To Replicate Aman Resorts Hits The Market Asking $15 Million On The Venetian Islands

Casa Aman, an ode to the reputable Aman resorts, has hit the market for $14.995 million on Venetian Islands. The Miami Beach home was built by Michael Horvitz, a well-established entrepreneur in real estate, design and home furnishings. 

Horvitz built the home to demonstrate a passion he has for enjoying the Aman Resort collection brand worldwide, which is known as a pioneer of hotel design. Casa Aman was built in 2020 and mimics the flawless and sophisticated design of Aman Resorts. 

Casa Aman features 5-bedrooms, 4-bathrooms and 2-half-baths. What makes this waterfront home most unique is the panoramic rooftop lounge complete with a putting green. The home has over 5,400 sq.ft. of living space with many common areas, balconies, infinity pool, hot tub and outdoor kitchen. There is also a concrete dock with multiple power sources and double jet ski lift. The interior is modern minimalistic with Portuguese Limestone in the bathrooms and patios, French oak floors and matte finishes throughout. 

45 East Dilido Drive on Venetian Island is currently listed for $14.995 million with Darin Tansey of Douglas Elliman. 

The Development Of Miami's Most Expensive And Deepest Underground Parking Garage Is Underway

Una Residences condominium will soon have Miami’s deepest underground parking garage with construction underway. The garage will reach nearly 50 feet and three stories below sea level and will become the most expensive underground parking garage in Miami costing developers $25 million to build. The subterranean parking garage will be 100,000 sq.ft. and house 236 cars for Una Residences, located on Biscayne Bay waterfront in Brickell and estimated to be complete in 2023. 

Una Residences is developed by OKO Group and Cain International with design by architects Adrian Smith + Gordon Gill. The luxury condominium will be nearly 600 feet tall once the project is complete. The underground parking garage will be one of a kind and hidden underground to maximize the condo’s waterfront views without any obstruction. This approach is very expensive and contracts the usual development strategy in South Florida that typically features a pool deck on top of several levels of parking to hide the garage. 

“OKO Group has extensive experience with subterranean construction, with our firm’s Capital City mixed-use development in Moscow encompassing a six-level garage for over 2,000 vehicles built 72 feet deep underground adjacent to the Moscow River,” said Ahmet Oktay Cini, Chief Operating Officer of OKO Group. “When conceptualizing the design for Una Residences in Miami, we envisioned a similar urban-style, efficient tower that would maximize as much space as possible for the use of residents and showcase the site’s waterfront views. The result was a modern condo tower without a parking podium, meaning more square footage for luxury amenities and residences.”

Civic Construction is the general contractor of the building who has taken on the task to build an underground garage that does not flood. They have developed a deep-soil-mixing construction process that will form a base of the garage underground to avoid flooding. 

“A below-ground garage of this caliber costs triple the amount of a typical parking garage. This kind of major investment in underground construction has never been seen before in Miami,” said William Real, President of Civic Construction Company. “The developers of Una Residences are sparing no expense when it comes to top-notch construction quality and efficient design, which will ultimately deliver a superior product for residents.”

The base of the garage is slated to be complete in early 2021, from there ground-level vertical construction will commence. The Una Residence tower is estimated to be complete in 2023. Residences are located at 175 SE 25th Road and prices start at $2 million up to $21.6 million for a penthouse. The luxury residence will rise up 57 stories and not only house Miami’s deepest underground parking, but offer residents beautiful views of Biscayne Bay and the Miami skyline. 

Wynwood Norte Takes A Step Towards Approval After Rezoning Approved By Miami City Commission

Wynwood Norte is one step closer towards approval after the Miami City Commission voted unanimously to approve the rezoning of the area just north of Wynwood to allow mid-rise development for infilled housing. The community plan still needs to be reviewed by state officials. The zoning changes included relaxing the parking requirements for both residential and commercial properties and allowing development up to four floors for projects with 20% affordable housing. In the development area on NW 36th Street and North Miami Avenue mixed-use projects can now rise up to eight stories and residential projects can now rise five stories. Miami-Dade County will also partner with developers to redevelop roughly 1,400 units on county owned land. The revitalization plan was organized by the Wynwood Community Enhancement Association and planned by PlusUrbia. The Wynwood Community Enhancement Association is made up of a mix of local residents, property owners, community organizations and local businesses who recognized that the current zoning stifled development in the area.

Check Out This Mediterranean Inspired Estate In Fort Lauderdale Listed For $13.75 Million

2900 NE 37th Street, Fort Lauderdale, is listed by ONE Sotheby’s International Realty for $13.75 Million. The Mediterranean inspired waterfront estate looks like you have traveled to Europe. The estate encompasses almost 24,000 sq.ft. featuring 9 bedrooms and 13 bathrooms on a little more than 1 acre of land with 665 feet of waterfront dockage. The estate also features an oversize pool, putting green, rock-climbing wall, sunken swim up patio bar and hair salon making this the perfect work hard-play hard home. The estate is complete with a 7-car garage along with smaller guest house on the property. 2900 NE 37th Street is listed by Sandra Tagliamonte and Madison Collum with ONE Sotheby’s International Realty.

Terra Group's Proposal To Develop Bjarke Ingels-Designed Tower At 300 Alton Road Denied By Voters

Just days after we reported on Terra Group proposed 385’ Bjarke Ingels-designed tower at 300 Alton Road in Miami Beach’s South of Fifth neighborhood, voters have denied the sale of a parcel of land and air rights necessary to develop the project. Terra Group had offered $55 million for .3 acres and the air rights at 300 Alton Road but local opposition held that the offer was too low and Miami Beach is already too dense. Despite this the Miami Beach Chamber of Commerce and Ocean Drive Improvement Association supported the proposal. The sale of the .3-acre site and air rights was voted down by a 51.1% to 48.9% margin; although voters approved the long term lease on the city owned marina and management to Suntex by a margin of 52.4% to 47.6%.

“The results of yesterday’s vote make it clear that Miami Beach voters support our vision for a revitalized Miami Beach Marina alongside a package of community benefits and resiliency improvements to develop a ‘world class’ marina. Our team will now work with the City to determine the path forward,” said David Martin, President of Terra Group.

The project, which would have been called Marina Park, would rise 30-stories and would feature 60 luxury residential units which would be sold as condos in addition to 45,000 square feet of commercial space. The project would have a total development size of 225,000 square feet and would be the first Bjarke Ingels-design in Miami Beach.

Fontainebleau Miami Beach Reveals New Renderings Of NBWW-Designed Addition

Jeffrey Soffer’s Fontainebleau Miami Beach has revealed its proposed Nichols Brosch Wurst Wolfe-designed expansion across the street at 4360 Collins Ave, which is currently a surface parking lot. The buildings would be connected via a 90’-long pedestrian sky bridge that would cross West 44th Street. The addition would rise 5-stories and would feature convention space including two levels of ballrooms, a rooftop deck and three floors of parking offering 500 parking spaces. The parking lot to be developed at 4360 Collins Ave. was acquired by Soffer in 2005 for $15 million, the same year his family acquired the Fontainebleau Miami Beach hotel.

The Fontainebleau Miami Beach opened in 1954 and was designed by architect Morris Lapidus. The property spans more than 15 acres with 11 pools, a 40,000 SF spa, and 12 different restaurants and bars including Hakkasan and LIV Nightclub. The hotel is made up of four towers including the Chateau and Versailles towers with 846 hotel rooms as well as the Tresor and Sorrento towers with 748 condo-hotel units. It was acquired by Turnberry Associates for $325 million in 2005 before undergoing a $650 million gut-renovation.

Crescent Heights Announces Lease Signed For National Organic Supermarket At Nema In Edgewater

Crescent Heights has announced that a national organic supermarket chain has signed a lease for the ground floor retail space of Nema, which is planned to be developed at 2900 Biscayne Blvd. The name of the grocer chain is yet to be revealed but the location will be its first in the Miami area. The supermarket will occupy 38,950 square feet of ground floor retail space in addition to an indoor and outdoor cafe on the mezzanine level. The recently approved Nema will rise 38-stories and will feature 588 apartment units in addition to a full floor of indoor and outdoor amenity space.

Eden Appoints RKW Residential To Manage Lazul In North Miami Beach

RKW Residential has expanded their South Florida portfolio by taking over management and leasing of Lazul, EDEN Multifamily’s luxury apartment community. Lazul, originally developed by EDEN, houses 349 apartments and is located in the heart of North Miami Beach. The 8-story building ranges in apartment size offering studios, one-to-three bedrooms and even two-story townhomes.

“We had the opportunity to tour Lazul when it first opened and were blown away by the quality of the building, individual units and amenities,” RKW President Marcie Williams said. “RKW is thrilled to have the chance to play a direct role in the successful operation of this exceptional community. Lazul fills a void for high-end apartment product catering to professionals and families in North Miami Beach and nearby cities, including Aventura.”

RKW Residential will bring their expertise in multifamily management to Lazul through their technology, marketing and customer experience platforms. They have already secured 33 leases in the first five weeks of managing the new apartment community.

“Lazul is a crown jewel of our portfolio of successful urban infill multifamily developments,” said Jay Jacobson, President and COO of EDEN. “It is also an important catalyst for the City of North Miami Beach and its revitalized Town Center district. With a top-tier management company like RKW at the helm, Lazul is in great hands.” 

Lazul offers residents many amenities including a heated pool, elevated sundeck, fire pit, fitness center and dog walk. The residential community is also a short drive to Aventura, Sunny Isles and the beach. Lazul is located at 2145 Northeast 164th Street.

Spec Home Developer Todd Michael Glaser Under Contract To Buy Jeffrey Epstein’s Former Palm Beach Mansion

Spec home developer Todd Michael Glaser is under contract to buy Jeffrey Epstein’s former Palm Beach waterfront mansion from his estate with plans to demolish the mansion and replace with a new home. Glaser’s undisclosed sum is rumored to be around $18 million, lower than the original listing in July for $21.995 million. The 6-bedroom waterfront mansion is a famous location for Epstein committing sex-trafficking crimes and luring underage girls. 

The Palm Beach mansion is located at 358 El Brillo Way and the listed exclusively with Kerry Warwick of the Corcoran Group. Glaser plans to knock down the existing home and build a 14,000 sq.ft. Art Moderne mansion. He expects the town of Palm Beach to be happy with his plans to demolish the existing home. 

Check Out The Bjarke Ingels-Designed Tower Terra Group Has Proposed For South of Fifth

Terra Group’s proposal to develop a 385’ Bjarke Ingels-designed tower at 300 Alton Road in Miami Beach’s South of Fifth neighborhood is headed to vote. The boutique tower would rise 30-stories and would feature 60 luxury residential units which would be sold as condos in addition to 45,000 square feet of commercial space. The project would have a total development size of 225,000 square feet and would be the first Bjarke Ingels-design in Miami Beach.

The project has been a hot-button topic over the past several months and the development team has been working with the community to present a design that would preserve view corridors and increase green space accessible by the public. The new proposal Led by David Martin, Terra Group is seeking to purchase air rights to the property from the City of Miami Beach for $55 million, in addition to the developer completing $22.5 million of public improvements including a one-acre public park and upgraded baywalk and $15 million for site residency and flood mitigation. The developer will also sign a long term lease for the city-owned Miami Beach Marina which will also see $35 million of improvements over 30 years and Suntex will be appointed as the new marina operator.