Crunch Fitness Founder Doug Levine Sells Three Prime Wynwood Commercial Properties for $23.5 Million

Miami-based real estate investor and Crunch Fitness founder Doug Levine has sold three prime Wynwood retail and office buildings to Eric Benaim, the principal of Benaim X Partners, for $23.5 million. Situated at 2324-2328 North Miami Avenue, 38 Northwest 24th Street, the three buildings total 25,855 square feet and are fully occupied. Additionally, the buildings offer approximately 215,000 square feet of development rights. The buildings date back to their original completion in 1928 and 1950. Their recent sale was orchestrated by Dwntwn Realty Advisors, with brokers Devlin Marinoff and Tony Arellano overseeing the listing.

Currently home to tenants such as The Hotel Collection, Backdoor Monkey nightclub and restaurant, a smoke shop, Aroma 360 and Amor Miami Restaurant and lounge, the buildings occupy a coveted position directly across from The Oasis in the heart of Wynwood. With thousands of residential units slated for construction in the vicinity, the location stands poised to become a premier destination for residents and visitors alike.

Eric Benaim and Benaim X Partners have their sights set on preserving the property's historic character while infusing it with new life. With plans to retain the existing structures for the foreseeable future, Benaim intends to enhance the site's cultural significance by commissioning murals to be created for the buildings, further cementing Wynwood's reputation as an artistic destination.

"Benaim X Partners' acquisition of these buildings marks a pivotal moment in contributing to the ongoing revitalization of Wynwood," noted Benaim. "As someone with experience in emerging neighborhoods, I view Wynwood today much like Williamsburg, Brooklyn, a decade ago. Wynwood holds immense promise for both residents and visitors, offering boundless opportunities for living, playing, working, and shopping. We look forward to doing additional deals in Miami and continuing to contribute to the wave of innovation and creativity."

The Bazaar for Good Returns to the Miami Design District May 10th

The Miami Design District is set to welcome back The Bazaar for Good on May 10th and 11th, marking its fifth consecutive year of philanthropic endeavors. Sponsored by Lancome, Schutz, Babor, MarcCain, and Stitch Lab, the event promises an exclusive shopping experience, engaging events, and a silent auction, all aimed at raising funds for various nonprofit organizations worldwide.

Founded in 2018 by Martha Graeff and Danie Gomez-Ortigoza, The Bazaar for Good is not just about shopping; it's about making a positive impact. Bringing together a diverse group of over 30 influential women with strong social media presence, the event channels their collective efforts towards meaningful change and support for underserved communities globally.

This year, The Bazaar for Good continues its partnership with Style Saves, a beloved local nonprofit organization in Miami. Together, they aim to raise funds for Style Saves' annual back-to-school event, providing uniforms and school supplies to over 10,000 students in Miami-Dade and beyond. Attendees can look forward to snagging designer brands like Veronica Beard, Illesteva, Devon Windsor, Tropic of C, a selection of luxury items from CURIO at Faena Bazaar, and more at discounted prices, with proceeds directly benefiting Style Saves and Camila Coelho's hometown health organization.

Returning to its roots at Paradise Plaza in the heart of the Miami Design District, The Bazaar for Good promises a weekend of giving back and celebration. Alongside the shopping extravaganza, guests can enjoy engaging conversations led by Valeria Lipovetsky, acoustic concerts, yoga sessions, and an online auction featuring exclusive experiences from The Standard Hotel & Spa and The Cliff Jamaica.

The network of entrepreneurial women supporting The Bazaar For Good includes Ines Andrea Minski, Angie Landaburu, Camila Canabal, Camila Coelho, Camila Straschnoy, Candice Swanepoel, Claudia Vergara, Catalina Maya, Ines Sheero, Dafne Evangelista, Danie Gomez-Ortigoza, Daniela Botero, Deborah Bello, Devon Windsor, Eglantina Zingg, Gabriela Medina, Irma Martinez, Isabela Rangel Grutman, Jenny Lopez, Karen Martinez, Martha Graeff, Nane Miller, Pam Arias, Rachael Russell Saiger, Sharon Fonseca, Valeria Lipovetsky, Vita Sidorkina, and more, all dedicated to making a difference in children's lives worldwide.

Tickets for The Bazaar for Good shopping event are available on www.thebazaarforgood.org.

Chef Erhan Özkaya Partners With Gale Miami Hotel & Residences To Bring 3 New Dining Concepts to Downtown Miami

Gale Miami Hotel & Residences and renowned chef Erhan Ozkaya have partnered to bring three new dining concepts to the hotel-condo tower which is nearing completion on Downtown Miami’s Biscayne Boulevard. The project’s grand opening is scheduled for May 2024. Chef Ozkaya brings his esteemed talents to Gale Miami for a variety of dining concepts ranging from an American-style steakhouse, an Italian concept, to a Mediterranean outpost featuring a menu inspired by his Turkish heritage; which will be complemented by concierge catering services tailored for both residents and outside guests.

Chef Erhan Ozkaya's culinary journey is a testament to his love of food and a celebration of his culture. Originally from Iskenderun, Turkey, his passion for cooking began in his grandparents' kitchen, where he first learned to experiment with ingredients and flavors of the local cuisine. Driven to pursue his culinary aspirations, Chef Ozkaya studied Tourism and Hotel Management before refining his skills at esteemed hotels such as Hilton Mersin and Hilton Istanbul. No stranger to Miami’s highly competitive culinary scene, he has worked at legendary hotspots The Bazaar by Jose Andres, Mandolin Aegean Bistro, and elevated the dining landscape as a Corporate Chef for Soho House in Miami and Istanbul. Chef Ozkaya's repertoire spans Italian, Spanish, and Turkish, and many world-wide cuisines. His exceptional talents earned him recognition as the executive chef at Wynwood Diner, which was named the "Best Diner of 2015." Most recently, he played a pivotal role at the world-renowned Joia Beach Club, collaborating with nightlife experts Chris Paciello and Mio Danilovic and further solidifying his ability to bring unique concepts to life.

"Joining forces with Gale Miami Hotel & Residences means adding my own touch to downtown Miami’s already flourishing restaurant scene," says Chef Erhan Ozkaya. “Miami is a melting pot of cultures and flavors, and together with Gale Miami, we will create a culinary destination that celebrates the rich tapestry of Miami's dining scene,” he adds. “The culinary world is all about storytelling, and I can't wait to share the tales of my Turkish heritage and global culinary adventures through the dishes at Gale Miami. This partnership is about more than just food—it's about cultivating something truly exceptional right in the heart of Downtown Miami.”

Chef Erhan Ozkaya's vision will manifest in three exquisite dining concepts at Gale Miami Hotel & Residences. The first restaurant to open in Summer 2024, an Italian concept located on the ground floor with expansive indoor-outdoor seating and a 360 bar. On the 9th floor, guests will have the pleasure of experiencing two unique dining options. The second will be an American steakhouse and lounge will deliver prime cuts and impeccable service in an elevated, timeless setting, followed by a Mediterranean-inspired restaurant with nods to Erhan's Turkish heritage. The Mediterranean restaurant will also feature a retractable roof and an outdoor terrace, showcasing breathtaking views of downtown Miami. Chef Erhan Ozkaya's expertise will extend beyond the restaurants and include concierge catering services for the Gale Miami Conference Center, located on the 8th floor. With distinguished catering and over 20,000 square feet of thoughtfully designed space, the Conference Center is perfect for hosting a variety of events including corporate gatherings, weddings, and cocktail parties, ensuring memorable moments for every occasion.

“Welcoming Chef Erhan Ozkaya to this project ensures that Gale Miami will be at the forefront of the ever-expanding Downtown Miami culinary scene,” says Keith Menin of Sixth Street Miami Partners LLC. "His exceptional culinary talents and reputation made him the perfect choice to conceptualize unique dining concepts that align with our vision for Gale Miami Hotel & Residences,” he adds. “The three dining concepts are sure to be nothing short of spectacular, especially with Chef Ozkaya's passion for storytelling through food and his extensive expertise across various cuisines.”

Swire Properties Launches Sales of The Residences at Mandarin Oriental, Miami

Swire Properties, Inc. has officially launched sales at The Residences at Mandarin Oriental, Miami, part of an unparalleled residential and hospitality destination set within a secluded island sanctuary moments from Miami’s vibrant core. Located on Brickell Key, the development will feature two architecturally iconic towers connected by an expansive landscaped podium with more than 80,000 square feet of indoor and outdoor amenities. The South Tower will feature The Residences at Mandarin Oriental, Miami, while The North Tower will feature what is destined to be the new North American flagship Mandarin Oriental hotel, along with additional Residences for purchase. Offering unobstructed, panoramic views of Biscayne Bay and the dynamic Miami cityscape, it will be one of Swire Properties’ crowning achievements in its portfolio of world-class properties and a defining landmark on the Miami skyline. The permanent sales gallery will open in the summer, with new details to be unveiled for The North Tower, which will launch sales later this year. Construction is expected to begin in 2025 with occupancy from 2029.

The South Tower is the first of the two towers to come to market and features several ultra-luxury homes, including a $100 million duplex penthouse that could be sold as a single residence or divided into two marquee homes. Spanning 23,000 square feet, this one-of-a-kind duplex penthouse is located at the apex of The South Tower. It features 16,000 square feet of interior space and 7,000 square feet of private outdoor space, including one of Miami’s highest private infinity pools. Other residences coming to market include 2-bedrooms starting at $4.9 million, 3-bedrooms starting at $5.8 million, 4-bedrooms starting at $10.5 million, and 5-bedrooms starting at $17.5 million. The Residences represent the last opportunity to purchase a new home on Brickell Key. Fortune Development Sales is exclusively handling sales.

“Launching sales at The Residences at Mandarin Oriental, Miami, is a monumental event for us. We are excited to unveil the full scope of the project and share details of the incredible Miami lifestyle that can only be offered here,” said Henry Bott, President of Swire Properties. “The development is a showcase of our continued commitment to the neighborhood, which started 40 years ago when we conceived Brickell Key. We are thrilled to bring these ultra-luxury residences to market along with what is positioned to be Mandarin Oriental’s North American flagship hotel, which, combined with the ongoing success of our Brickell City Centre development, will establish the Brickell neighborhood as one of the most vibrant destinations in South Florida.”

The 66-story South Tower is designed by world-renowned architecture firm Kohn Pedersen Fox (KPF). Rising 850 feet, it is situated on the southernmost tip of Brickell Key, offering unobstructed panoramic views of Biscayne Bay and the dynamic Miami skyline. It will feature 228 two- to five-bedroom private homes that offer the utmost luxury for residents, with interiors by acclaimed Parisian designer Tristan Auer. Each residence has private elevator access, and gracious interior space measuring up to 5,800 square feet with 11-foot ceilings throughout. Extraordinary views are framed by floor-to-ceiling glass sliding doors that open onto expansive private terraces, the depths of which are not typically found in the Miami market. Each kitchen will feature custom Italian cabinetry by Molteni&C, Dornbracht fixtures, state-of-the-art Gaggenau appliances, and design selections available for buyers to customize their countertops, backsplashes, and cabinetry finishes. Primary bathrooms will feel like private spas with handcrafted stone vanities, marble floors, Dornbracht fixtures, and Duravit soaking tubs and shower heads. Select residences will also include a private sauna.

“The Residences at Mandarin Oriental, Miami, is an unparalleled luxury residential offering that will attract buyers seeking a refined lifestyle in one of the most sought-after residential locations in South Florida,” said Edgardo Defortuna, President and CEO of Fortune International Group. “Swire Properties’ longstanding commitment to the Brickell neighborhood is paired with legendary Mandarin Oriental service and an unmatched collection of amenities. The attention to detail is evident throughout the property, from the thoughtfully chosen finishes to the visionary exteriors. Our team has already been impressed by the high level of interest in The Residences and we are excited to bring the development to market.”

The North Tower is also designed by Kohn Pedersen Fox and will feature what is destined to be the new North American flagship Mandarin Oriental hotel with 121 keys, a signature Spa at Mandarin Oriental, and multiple intimate fine-dining and al fresco restaurants. Rising 426 feet, The North Tower will also offer an additional 66 private residences and 28 hotel residences that will launch sales later this year. The hotel and residences will feature interiors by AD100 Parisienne designer Laura Gonzalez.

“We are delighted to be writing a new chapter of Mandarin Oriental's sought-after hospitality in Miami and strengthening our partnership with Swire Properties,” said Laurent Kleitman, Group Chief Executive of Mandarin Oriental. “We have been very fortunate to have a hotel presence in the city for more than 20 years, and it has become a property that is genuinely embraced by our guests. As we continue on this journey with Swire, we are excited to bring a new standard of luxury living with The Residences at Mandarin Oriental, Miami.”

Crowning the South Tower will be the remarkable $100 million penthouse, which is being offered as a duplex residence or can be sold as two individual penthouses. The combined duplex penthouse will offer a total of 23,000 square feet of space, including 16,000 square feet of interior space and 7,000 square feet of private outdoor space. Situated 780 feet above the ocean, the exclusive home features interiors by Tristan Auer, who has selected the most exquisite finishes throughout. Its bespoke floor plan offers the ultimate experience in elevated living and striking design details, including 30-foot-high ceilings in select areas on both floors, unrivaled views of the water and Miami city skyline, and a stunning spiral staircase. The penthouse’s private outdoor space creates an indoor and outdoor lifestyle unlike any other property in Miami. It includes one of Miami’s highest private infinity pools, multiple areas for outdoor dining and entertaining, and a sky cabana, which can be transformed into an additional bedroom or guest room. Finally, with privacy and security being of the utmost importance, the penthouse resident will have access to a private garage with spaces for up to eight vehicles. An adjoining private elevator lobby and elevator will provide direct access to their residence.

Every resident at The Residences at Mandarin Oriental, Miami, will experience exceptional recreational, dining, and wellness amenities across an 80,000-square-foot, lushly landscaped podium with landscaping by Thai firm SHMA. Lifestyle amenities include ten pools with a poolside lounge all serviced by Mandarin Oriental, an immersive hammock forest with a series of gardens nestled within, an art walk featuring rotating exhibitions by selected artists, an indoor golf simulator, a game room with billiards, a private screening lounge, and a children’s club and activity center. Dining amenities include signature fine-dining restaurants within the hotel, a dedicated outdoor dining pavilion for entertaining fitted with a barbecue, a tea pavilion, a stunning glass-encased experiential private dining room with a complete chef’s kitchen surrounded by mesmerizing water views, and a wine cellar. Mandarin Oriental, which has more Forbes Five Star Spas than any other hotel group in the world, will curate an extraordinary collection of wellness offerings such as signature spa treatments, retreats, and curated fitness programming dedicated to wellness and anti-aging. The property will also feature a forest yoga lawn, a tea garden for relaxation, men’s and women’s saunas and a hammam, a wellness pool deck with private cabanas flanked by cold plunge and hot tub, a state-of-the-art fitness center, several multi-use sports courts, and a dog grooming spa. Residents will also have access to shared hotel amenities and concierge services at the adjacent Mandarin Oriental Hotel with more information to be announced.

The Residences at Mandarin Oriental, Miami, represents Swire Properties' commitment to sustainability, resiliency, and mission to become the world's most sustainable developer by 2030. Swire Properties endeavors to achieve net carbon neutrality across its portfolio by implementing a multitude of sustainable design strategies. At The Residences, the design team adopted a passive design strategy to optimize energy use while maximizing daylight and cross-ventilation for resident comfort and well-being. Extensive plantings at various levels of the building provide heat island reduction and prevent heat absorption of the site. As part of Swire’s wellness pledge, its developments always prioritize the provision of high-quality indoor air for residents. The development also implements air filtration, provides separation between residential units to mitigate air transfer, and prioritizes the selection of low-emitting building materials. Solar panels will offset power consumption and promote renewable energy adoption, while each parking space will be configured for EV charging. Finally, Swire will address climate resiliency through the refurbishment of the surrounding seawall and elevation of the development site to combat sea level rise, along with expanding the Brickell Key Baywalk around the full perimeter of the island, which further reinforces the firm's commitment to placemaking that benefits the entire community. 

Reimagining History: The Moore in Miami Design District Unveils Elastika Restaurant

WoodHouse, the visionary development company, has announced the highly-anticipated reopening of The Moore in the Miami Design District, marking the beginning of a new chapter for this iconic landmark. Stepping into its next century, The Moore emerges as a vibrant lifestyle and cultural destination, featuring a private members club, boutique hotel, executive offices, gallery space, and the exciting addition of Elastika, a modern-American restaurant set to open its doors to the public this weekend.

Elastika, nestled on the first floor, introduces a fresh culinary experience under the guidance of acclaimed Executive Chef Joe Anthony. Designed to be more than just a restaurant, Elastika aims to become the heartbeat of the Miami Design District—a place where people gather, dine, and immerse themselves in the rich tapestry of art and culture that defines the area.

Drawing inspiration from Miami’s diverse international community and The Moore’s storied legacy of art and design, Elastika embodies a culinary canvas where carefully curated ingredients and heartfelt cooking techniques converge. The restaurant's namesake pays homage to the iconic Zaha Hadid sculpture, Elastika, suspended majestically throughout the four-story atrium above the dining room—a stunning testament to Miami's boundless creativity.

Brady Wood, Founder & CEO of WoodHouse, shared that “Our vision for Elastika extends beyond the menu. We've transformed the first floor of The Moore into the lobby of the Miami Design District—an inviting destination where people can gather, dine, and enjoy the landmark building and Zaha Hadid's iconic sculpture.”

Elastika’s menu reflects a commitment to sourcing the finest ingredients and close collaboration with local farmers, including Tiny Farm, French Farms, Swank Specialty Produce, and others. Executive Chef Joe Anthony expressed his culinary philosophy, saying, “Our culinary vision is to create vibrant food that is original and thoughtful, yet humble in its roots. By being conscientious about sourcing regenerative and sustainable ingredients whenever possible, we are able to create a distinct style of cuisine while still pushing flavor to the forefront.”

The menu features a range of globally eclectic dishes including the Heirloom Tomato Gazpacho with pickled tomatillos, avocado and fennel pollen focaccia; the Citrus Cured Kingfish Crudo with fermented farro, local kohlrabi and cucumber “aguachile;” a Grass-Fed Bison Tartare, with escabeche aioli, umami crumble and house-made country loaf; Eggplant and Sheep’s Milk Ravioli Serviettes, with spring fricassee, local mushrooms and pine nut froth; Grilled Heritage Pork "Ribeye" with tiny farm's turnips, grilled broccoli rabe and red verjus-cardamom sauce; and the Miso Marinated Beef Tenderloin, with Castle Valley Mill's farro, local herb coulis and carrot "hot sauce."

The design ethos of Elastika seamlessly blends modern sophistication with the building's original architectural elements, creating an ambiance that is both inviting and elegant. Curated by Miami-based art advisor Monica Kalpakian, the restaurant features a collection of contemporary art, including Rob Pruitt’s US (2013) on loan from the late Rosa de la Cruz’s esteemed collection.

Collaborating with hospitality design firm ICRAVE, WoodHouse has transformed the historic atrium into a culinary haven, complete with an expansive bar, plush velvet seating, and a semi-private dining room. The addition of a new skylight floods the space with natural light, while the sidewalk patio offers a charming al fresco dining experience amidst lush greenery.

The history of The Moore, dating back to the 1920s Florida Land Boom, adds another layer of intrigue to Elastika's narrative. Once a furniture showroom and warehouse, The Moore has played a pivotal role in shaping Miami's landscape, hosting numerous high-profile events and exhibitions over the years.

Elastika will be open for dinner from 5 p.m. to 11 p.m. on Fridays and Saturdays, and from 5 p.m. to 10 p.m. Monday through Thursday. Lunch service will commence from 12 p.m. to 3 p.m. Monday through Saturday starting May 3, 2024. For reservations and to learn more visit www.elastikamiami.com.

First Standalone Four Seasons Branded Residences In Florida Coming to Coconut Grove

South Florida-based real estate development firms CMC Group, led by Ugo Colombo, and Fort Partners, led by Nadim Ashi, together with leading luxury hospitality and branded residential company Four Seasons, have launched sales for the Four Seasons Private Residences Coconut Grove. Set within one of Miami’s most historic neighborhoods and building on the success of Four Seasons’ residential portfolio in South Florida and around the globe, this groundbreaking development will be the first Four Seasons standalone residential offering in Florida. The Four Seasons Private Residences Coconut Grove will rise 20-stories offering 70 residences with sales being handled in-house by CMC Group and Fort Partners.

"Four Seasons is the standard-bearer for luxury around the world and has captivated the real estate market with its leading branded residences,” said Nadim Ashi, CEO of Fort Partners. “We are thrilled to continue our proven relationship with the esteemed brand and forge a new partnership with the highly successful CMC Group on developing this first-of-its-kind offering in the coveted Coconut Grove neighborhood."

A world-class team has been selected to bring the vision to life, with acclaimed Florentine designer Michele Bönan at the helm of the interiors and Miami-based Luis Revuelta crafting the architecture. Four Seasons Private Residences Coconut Grove will offer 70 homes ranging from two- to four-bedrooms spanning up to 3,980 square feet. Four penthouse residences will range from nearly 6,430 to 9,690 square feet. The distinctive property will rise 20 stories, providing residents with unobstructed ocean views overlooking Biscayne Bay. Inspired by Coconut Grove’s beloved landscape, a sanctuary beneath the shade of banyan and mahogany trees, the building’s façade is softly curved to blend into the land’s natural rhythm while creating a defining presence on the skyline.

"With over 35 years of experience, our luxury condos have set the standard in the South Florida market,” said Ugo Colombo, CEO of CMC Group. “Fifteen years ago, CMC Group pioneered luxury living in the Grove with Grovenor House, and now with Four Seasons Coconut Grove, we're raising the bar yet again. By integrating the renowned Four Seasons service, we're not just resetting standards; we're redefining luxury living. Our commitment to quality remains unwavering, ensuring that our buildings continue to be the benchmark for excellence in the industry."

"With our growing standalone residential portfolio, Four Seasons is elevating luxury living for discerning buyers by blending personalized service alongside prime real estate in the best locations worldwide. In a competitive branded residential market like Miami, the trust and credibility of our brand will no doubt drive demand for this exceptional project in Coconut Grove,” says Bart Carnahan, President, Global Business Development, Portfolio Management, and Residential, Four Seasons. “Together with our esteemed partners at Fort and CMC, we look forward to welcoming this spectacular project to our dynamic portfolio of Four Seasons Private Residences across South Florida.”

The spaces designed by Michele Bönan reflect the renowned architect’s signature style, with a blend of timeless elegance and contemporary aesthetics. Bönan creates a cohesive connection between the interiors and the natural beauty of Coconut Grove, with design inspired by the verdant tropics, the ocean and the quintessential charm of Miami. The homes are crafted to be as polished as they are welcoming, exuding a sense of enduring sophistication achieved through classic lines, elegant furnishings and a palette dominated by neutral tones.

“The essence of Coconut Grove and the cultural significance of the location's past, including the gorgeous climate, spectacular views and exceptional quality of life, guided each step of the design process,” shared Michele Bönan. “Whether through design elements influenced by the rhythm of the ocean or patterns created in the sand, we maintained fluidity between the surroundings and the interiors to allow residents to relax and immerse themselves in the atmosphere of the space.”

Homes at Four Seasons Private Residences Coconut Grove will feature nearly 11-foot ceilings complementing the spacious, open floor plans. Custom Italian kitchens designed by Molteni and Michele Bönan Interiors feature top-of-the-line European appliances and finishes, while bathrooms include Italian cabinetry and paneling complemented by Italian marble finishes. Each home will be accessed via private elevator, creating an intimate arrival experience, and will feature the latest in-home automation systems and lighting controls.

Designed to provide a luxurious and intimate residential experience, Four Seasons Private Residences Coconut Grove will offer an extensive amenities collection for residents, including a restaurant, library, state-of-the-art gym and yoga room, spa with cold plunge and hammam, children’s area and private event room, as well as an expansive pool deck and bar lounge serviced by Four Seasons. Residents will also enjoy the benefits of legendary Four Seasons service even without a hotel, including a dedicated Director of Residences, concierge, housekeeping and butler services, in-residence dining, valet and wellness programming, among other offerings.

Four Seasons Private Residences Coconut Grove will reflect the neighborhood’s refined, serene atmosphere, steeped in culture and connectedness. Residents will be in close proximity to the water and situated among the town’s beloved local boutiques, restaurants and some of the nation’s leading schools, creating a close-knit community and well-rounded walkable lifestyle.

The collaboration between CMC Group and Fort Partners is driven by the pair’s shared ambition to elevate the standard of living in a market that is yearning for true world-class real estate and hospitality. CMC Group has for years played a pioneering role in developing Miami’s skyline and reshaping the greater condo market in South Florida, while Fort Partners’ long-standing partnership with Four Seasons includes the development of the iconic Four Seasons Hotel and Residences at The Surf Club, Four Seasons Resort Palm Beach, Four Seasons Hotel and Private Residences Fort Lauderdale and ownership of Four Seasons Hotel Miami. Forthcoming developments under the Four Seasons flag are planned throughout Europe and the United States.

Oak Row Equities Breaks Ground On 2600 Biscayne Boulevard In Miami's Edgewater Submarket

Oak Row Equities, a vertically-integrated private equity and real estate development company with over $1.6 billion of development in South Florida, have broken ground on 2600 Biscayne Boulevard, a transformative Class AAA multifamily and office tower in the rapidly-maturing Edgewater neighborhood of Miami. Coastal Construction Group, one of the largest general contractors in the Southeast, is the general contractor. Globally-renowned architecture firm Arquitectonica is responsible for the design of the luxurious 41-story building, which will be home to an original public art piece by acclaimed artist Derrick Adams. Vida, a Portland-based full service interior design and interior architecture firm, is designing the interiors. The commencement of construction follows the pre-leasing of 50% of the commercial space, and the closing of a $181M loan from Bank OZK – one of the largest multifamily construction loans to close in South Florida this year.

“We are thrilled to be breaking ground at 2600 Biscayne. We are focused on delivering the highest quality multi-family and office product to the Edgewater submarket,” said Erik Rutter, Managing Partner at Oak Row Equities. “We believe by breaking ground today we will deliver into a supply-constrained market and be well-positioned as the highest quality asset in Miami-Dade County.”

2600 Biscayne comprises an entire city block and is conveniently located one block from the planned Northeast Corridor rail stop. The tower features 187,000 square feet of prime office and retail space and 399 luxurious studio to three-bedroom (plus den) rental residences. With exceptional design, ample private outdoor space, modern finishes, stunning views, and state-of-the-art amenities, these residences will rival new condo construction homes. An elaborate mural will be displayed on the western portion of the facade visible from multiple neighborhoods by celebrated artist Derrick Adams.

"2600 Biscayne will dramatically enhance the caliber of multifamily and office space in Edgewater and really create a new upper tier for these asset classes in South Florida," says David Weitz, Managing Partner at Oak Row Equities. “We are thrilled to be breaking ground on this exciting new project, and are proud to be working with such sophisticated financial institutions who are invested alongside us in South Florida’s bright future.”

"Coastal Construction Group is honored to join Oak Row Equities in breaking ground on 2600 Biscayne Boulevard,” said Patrick Erin Murphy, Executive Vice President of Coastal Construction Group. “We are excited to contribute to the transformation of the Edgewater neighborhood with esteemed partners and look forward to playing a part in delivering this building.”

The residential portion of the tower will begin 135 feet above the ground, ideal for residents looking for the quintessential Miami view. Multiple levels of residential amenities include a pet spa, private lounge, yoga studio, and top-of-the-line fitness center. A wraparound 12th-floor amenity deck will have a lap pool, cold plunge, hot tub, well-appointed cabanas, and BBQ grills. The tower’s 41st floor will feature a coworking lounge and rooftop deck with some of the best views in Miami.

Residents will enjoy a seamless arrival experience via a dedicated residential porte-cochére with lush, covered waiting areas for ride shares. 2600 Biscayne will have EV charging stations and over 600 parking spaces for added convenience.

2600 Biscayne will be Gold Certified National Green Building Standard. The tower’s offices are almost 50% pre-leased and will be located on the first ten floors within a sculptural pyramid-like structure. Office tenants will have access to touchless entry points and elevators to easily divisible floor plates with 14’ ceilings. There will be floor-to-ceiling glass throughout the spaces, private tenant balconies, and a wide range of indoor and outdoor wellness-focused amenities.

Outdoor amenities exclusive for the office tenants include a landscaped rooftop terrace, exclusive padel court, open-air seating, covered picnic areas, an outdoor wellness and yoga deck, and more. Inside, there is a dedicated business lounge, private meeting areas, conference rooms, and an entertainment room with a golf simulator.

Vehicular arrival for office tenants will be via a private porte-cochére and a designated lobby. Dedicated valet and tenant parking will be available along with 24/7 security and access.

Edgewater offers lifestyle amenities such as the lush eight-acre Margaret Pace Park, and robust retail and culinary options. Wynwood, Midtown, and the Design District are moments away. Whole Foods and a Northeast Corridor rail station will be within blocks upon completion. Miami International Airport, I-95, Miami Beach, and Brickell are easily accessible from Edgewater.

Pagani Residences Reveals First Look At Luxe Amenities on Miami's North Bay Village

Pagani, a brand known for exclusivity, “stealth-wealth” characteristics and handcrafted quality, has revealed a first look at the buildings luxurious amenities such as their gym, pool, and spa. The attention to detail prevails, especially throughout the design and functionality of their carefully curated exquisite amenities. Pagani Automobili is a luxury brand renowned for its exquisite quality, unique engineering, and tailor-made handcrafted Hypercars, which stand among the most desired in the world. The interiors are by A++ and curated by Pagani Arte, the newly established Made in Italy interior design division was born from the founder of Pagani Automobili.

Pagani Residences will include an exquisite collection of amenities. On the ground floor residents’ amenities include valet parking and porte-cocheĚre, a pet spa, bicycle, paddleboard and kayak storage, 24/7 security, private garages available for purchase and preferred parking. To take maximum benefit of the stunning peninsula location surrounded by waterfront views, a private residents lounge is ensconced on level eight along with a library, and media room. A collection of wellness amenities awaits residents on level 27 with a state-of-the-art fitness center, advanced cardio training, dedicated Pilates and yoga studios, spa with stunning views of Biscayne Bay, sauna and steam rooms, and private treatment rooms as well as a restorative wellness lounge.

A rooftop pool and sky lounge on level 28 offer stunning 360-degree views of the Atlantic Ocean and Biscayne Bay, poolside cabanas and hot and cold plunges. Fully appointed summer kitchens with chef’s grills complete the package for alfresco, poolside dining.

In March Miami-based developer Riviera Horizons and Italian Hypercar brand Pagani revealed the world's first Pagani Residences, a boutique luxury residential building with interiors designed by Pagani Arte in Miami’s North Bay Village. Completion slated in 2027 with Fortune Development Sales leading sales and marketing for the project. Miami’s first-ever Hypercar branded building, Pagani Residences will offer 70 handcrafted, waterfront residences with prices starting at $2.4 million.

Designed by Miami’s renowned architecture firm Revuelta Architecture International, with interiors curated by Pagani Arte, the newly established Made in Italy interior design division was born from the founder of Pagani Automobili.

Located at 7940 West Drive, North Bay Village, the 28-story, amenity-rich property will feature a 240-foot waterfront boardwalk, private boat slips, and entertainment spaces for 70, all-corner residences. The spacious, two-to-four-bedroom homes range from 2,000 to over 3,300 square feet with expansive outdoor terrace spaces ranging from over 800 to 1,040 square feet, with only four residences per floor, making privacy paramount. Penthouses span from 6,900 square feet with up to 4,400 square feet of outdoor living. Each home will be entirely customized and fully finished with 11-foot ceilings in all residences with waterfront-facing outdoor spaces and 13-foot ceilings in the penthouses with private pools. Owners will enjoy 24/7 concierge service to anticipate every need.

Inside PROFILEconnect 'A Night at The Museum' Real Estate Impact Conference at the Coral Gables Museum

On April 11, 2024, PROFILEmiami hosted PROFILEconnect: A Night at the Museum, the inaugural annual real estate impact conference bringing 3 panels and PROFILEmiami’s highly-regarded Bespoke Real Estate Networking to the iconic Coral Gables Art Museum. PROFILEmiami teamed up with ONEsir, Constellation Group, MG Developer, Banesco and Contempo Space to host a sophisticated afternoon exploring real estate markets, design and development; followed by bespoke networking and enjoying cocktails by E11EVEN Vodka with some of the largest and most active real estate developers, investors and brokers in Miami.

The event was kicked off by a VIP Lunch hosted by Diego Torrealba of MG Developer at Coral Gables hot-spot Zucca. VIP guests enjoyed a chef’s menu alongside active Coral Gables’ developers Eduardo Otaola of Constellation Group, Alirio Torrealba of MG Developer and Diego Torrealba of MG Developer.

Following the lunch attendees gathered at the Coral Gables Museum for the Women in Real Estate Panel, the first of three panels kicking off the speaking component of the event. Vanessa Stabile of ONEsir, Cassie Resnick of Mast Capital, Alicia Lamadrid Paysse of Cervera Real Estate, Katya Demina of PROFILEmiami and Amelia Rodriguez of Banesco discussed how they have navigated their careers as women in the male dominated real estate world. They also discussed how the city has evolved and how they have taken advantage of the growing real estate market to stand apart and advance their careers.

The women’s panel was followed by the Coral Gables Design and Development Panel, which featured Eduardo Otaola of Constellation Group, Diego Torrealba of MG Developer, Raymond Fort of Arquitectonica, Scott Sherman of Torose Equities and Scott Wadler of Berkadia discussed how Coral Gables Mediterranean revival architectural requirements impact development and the valuation of real estate in ‘The City Beautiful.’ Developers Diego Torrealba and Eduardo Otaola touched on how they worked with the Coral Gables design codes to plan projects that enhance the quality of the community while Scott Wadler discussed the differences between Build to Rent vs Build to Sell. Scott Sherman also discussed how companies such as Apple are moving into Coral Gables and bringing their high-paying employees, pushing both residential and commercial rent rates higher.

The afternoon was capped off with The Legends Panel, featuring Edgardo Defortuna of Fortune International Group, Bernardo Forte Brescia of Arquitectonica and Carlos Rosso of Rosso Development. The trio had all previously worked on projects together and discussed their experiences developing the city into the world-class metropolis it is today including projects such as The Ritz-Carlton Residences, Sunny Isles Beach and Miami’s Paraiso District. They also discussed how a quality design and understanding of the buyer is so important to development and the success of a project. They also discussed how they started their own companies and took their brands global. The legends also gave insight on how their was opportunity for aspiring developers to team up with established developers to learn from them before undertaking projects on their own.

Following panels guests gathered outside on the museum veranda for Bespoke Networking and Sunset Cocktails featuring bites from Zucca and cocktails by E11EVEN Vodka. Guests got to network with the panelists as well as other real estate heavyweights such as Alirio Torrealba of MG Developer, Nelson Stabile of Integra Investments, Rainer Viete of Vietmar, Daniel de la Vega of ONEsir, Jose Boschetti of Boschetti Group and Michael Hamaoui of Pagani Residences.

Part of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series, the event brings together Miami’s real estate industry and business professionals to network and connect outside of a traditional business setting. Guests will have the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders as they discuss the industry’s most pressing topics.

FIRST ON PROFILE: OKO Group and Cain International Top Off Bayfront Una Residences in Brickell at 47 Stories

Construction of Brickell’s first waterfront residential development in over a decade, Una Residences, has completed vertical development and “topped off” at 47 stories. The ultra-luxury project, situated at 175 NE 25th Road within Miami’s picturesque and private South Brickell enclave, is being developed by OKO Group and Cain International. Construction is expected to complete in early 2025.

Designed by world-renowned architects Adrian Smith + Gordon Gill (AS+GG), Una Residences comprises 135 spacious condominiums with unobstructed views of the Atlantic Ocean, Key Biscayne, and the Downtown Miami skyline.

The construction milestone comes amidst South Florida’s recent business and wealth migration trend which has driven steady pre-sales to the tower, now nearly sold-out. In 2022, Una’s two upper tri-level penthouses sold for $17.75 million each – a price point which still stands today as the highest recorded condominium sale in Miami’s Brickell submarket. A handful of residences remain available for purchase priced from $4.4 million to $10 million.

“This marks a pivotal moment for our team, as we introduce a one-of-a-kind building to the Brickell City skyline. With its yacht-inspired aesthetics, world-class amenities, and a prime waterfront location, Una Residences offers a luxury living experience unique to the South Florida market. This exceptional combination has enabled the project to command market-leading premiums in Miami and set a new standard for luxury residences in Brickell,” said developers Vlad Doronin, Chairman and CEO of OKO Group, and Jonathan Goldstein, CEO of Cain International, in a joint statement.

Residences range from two- to five-bedroom units measuring between 1,100 to 4,786 square feet. Una’s two ultra-exclusive upper tri-level penthouses measure approximately 7,089 square feet with an additional 2,871 square feet of outdoor terrace and rooftop space, with each residence boasting two private pools, a summer kitchen, sauna, and steam room.

Amenities at the boutique-style tower will complement Miami’s outdoor lifestyle, including a private marina, three swimming pools, a children’s splash-pad area and playroom, a movie theater, a resort-inspired spa and steam room, a state-of-the-art fitness center featuring yoga and personal training facilities, onsite dining, and more. Una’s amenities will also extend beyond the property, as residents will receive exclusive membership to the Grand Bay Club on the beachfront of Miami’s Key Biscayne.

Una Residences is part of an extensive portfolio of best-in-class offerings being delivered across South Florida by OKO Group and Cain International. The portfolio, encompassing both luxury residential and commercial spaces, includes Missoni Baia, a newly delivered luxury condominium in Miami’s Edgewater neighborhood; 830 Brickell, a class A-plus office tower nearing completion in Miami’s Brickell Financial District; and One River, a luxury multifamily tower under construction in Downtown Fort Lauderdale.

Cain International and OKO Group’s partnership further extends to One Beverly Hills, a 17.5-acre mixed-use urban destination master planned by Lord Norman Foster. The development will mark the introduction of Aman’s inaugural urban resort to the West Coast of North America, featuring a limited number of Aman residences, an Aman Hotel, and an exclusive Aman Club.

Separately, OKO Group, the U.S. development firm founded by Aman’s CEO and Chairman Vlad Doronin, is also developing Aman Miami Beach, which encompasses a restored Art Deco hotel and a newly constructed Kengo Kuma-designed Aman-branded residential tower, now under construction along the oceanfront.

Images via GoldenDusk Photography