Revolutionizing New Development Sales: A Conversation with Tim Ng, Founder of Blackline
Blackline is a cutting-edge real estate sales platform designed to streamline new development sales through technology. Founded by industry veteran Tim Ng who has over 16 years of experience, the platform has already facilitated the sale of 80,000 units in Canada and is now expanding into Miami. Blackline offers tools like interactive floorplans, inventory management, and custom reporting, helping developers and sales teams work more efficiently and make data-driven decisions.
Blackline is a cutting-edge real estate sales platform designed to streamline new development sales through technology. Founded by industry veteran Tim Ng who has over 16 years of experience, the platform has already facilitated the sale of 80,000 units in Canada and is now expanding into Miami. Blackline offers tools like interactive floorplans, inventory management, and custom reporting, helping developers and sales teams work more efficiently and make data-driven decisions.
Give us your background, how did you get involved in the real estate industry?
I come from a real estate family… literally. Both my parents were in the industry on the brokerage and developer side, so it’s been a part of my life for as long as I can remember. Watching them navigate the market and sell real estate was an inspiration and it felt natural to follow in their footsteps. What I didn’t want to do was go the traditional route. I wanted to combine my passion for technology with real estate. So 16 years ago, straight out of university, I started our parent company, Adhoc Studio, which focused on creating award-winning renderings and building interactive sales gallery software.
Why did you decide to set out on your own to launch a real estate software?
Working closely with developers and sales teams for over 16 years, I saw firsthand the challenges and inefficiencies within the new development sales and marketing process. These experiences sparked my interest in finding solutions that could streamline operations and create efficiencies that will bring this segment of the industry into the digital age. My process for the research phase was anything but Adhoc. I conducted focus groups with industry change-makers and thought leaders, and after a year of listening and understanding the needs of my future clients, I realized what we can offer is going to be a game-changer.
Tell us about Blackline? Who is it for and what services does the Blackline offer?
Blackline is an industry-leading sales platform built to accelerate new development sales. Ideal for developers, sales agencies and brokerages, the platform brings a very antiquated process of new development sales into the digital age. Utilizing robust features like the interactive floorplan module, inventory management, custom reporting and suite stacking plans enables our clients to sell faster and more efficiently, resulting in higher profits and data driven insights.
What inspired you to expand Blackline to Miami? What factors did you consider when choosing Miami as the next market for expansion?
After establishing Blackline as a market leader selling over 80,000 units across Canada on the platform in our first 4 years, I wanted to strategically expand to the US. South Florida, particularly Miami fit the bill as their sales and marketing programs are similar to Toronto. Additionally, Miami’s dynamic and diverse real estate landscape, combined with the lifestyle appeal of condo living, made it an ideal entry point that aligned with our mission to provide cutting-edge tools that meet the needs of a fast-paced, evolving market.
What value does Blackline add for the developers and sales teams?
The Blackline platform combines innovation and sophistication to deliver features developers and sales teams can utilize to propel their new development sales programs. From the realtor portal to writing up final contracts, everything is branded and customized to the specific project. The platform has been built for realtor engagement, maximizing operational efficiency while also capturing the highest revenue. By using Blackline, clients also get access to real-time insights on their projects that show demand, activity and over 100 reports that can help inform them in making data-driven decisions. This data can help inform marketing strategies and planning of multi-phased selling programs. With all the tools you need, developer and brokerages save time and money while maximizing revenue.
How has the software evolved since you first launched? What new features or services can users expect in the near future?
Part of our corporate mission is to always be innovating. We stay closely connected to industry trends and experts to inform us of new pain points and the evolving needs. We recently launched two new features, Blackline Cast and Blackline Realm. Both cater towards enhancing the experience for realtors and buyers in sales galleries and tie into the Blackline software seamlessly. At the five year mark for the company, we are working to launch Blackline V2 which will have a lot more customization and control for clients while further creating efficiencies for their sales programs. Also, we are excited to be working on building a CRM into the platform which will make Blackline a front to back, full-service solution for New development sales.
What sets Blackline apart from other real estate sales software or CRM systems?
We pride ourselves on Blackline being a platform that is built for the industry, by the industry. We spent over a year meeting with leading developers and sales companies to deeply understand the complexities, needs, and pain points of the sales and marketing process. Our mission was clear: to digitize and streamline the manual processes that sales teams, realtors, contract administrators, and marketing teams handle daily, making their workflows more efficient and seamless.
How do you plan to integrate Blackline into the Miami market and what unique opportunities do you see there?
Miami is an exciting market right now. With the plethora of branded residences and high profile projects, Blackline is ideal for developers looking to maintain brand value through the sales process while being efficient and easy to use. Our platform is being utilized by CMC Group and Fort Partners for the Four Seasons Coconut Grove and we are excited to have other branded residences adopt the platform for their sales programs.
What challenges do you anticipate facing when expanding Blackline to Miami and how do you plan to overcome them?
The localized nuances of a new market will always be one of the biggest challenges. Each real estate market has a tried and true way of doing things and not everyone is open to change. Blackline also has an educational component to understanding how it can take your sales program to the next level. The challenges we face right now are trying to introduce it on a large scale to the Miami industry players. We’ve been fortunate to develop close relationships and align with some of the industry’s top sales and marketing leaders early on in our expansion and they have been mentors to us providing their invaluable guidance as we expand into the South Florida market.
You have built out quite a team at Blackline, tell us about the team and how you plan to expand in Miami?
Our product, engineering, and customer success teams are made up of seasoned vets who have been at the forefront of real estate technologies and innovation for the past 16 years. Many of our team members have firsthand experience working for developers and new development brokerages, so they truly understand the industry - we really ‘get it’. Before we decided to expand into the Miami market, we spent 6 months learning the local market - engaging with new development realtors, listening sessions with sales managers and contract administrators at sales galleries. We also have our team there monthly, meeting with developers and brokerages, educating about the product whenever possible and attending industry events to stay connected to our clients.
How do you envision Blackline making a positive impact on the Miami community?
Miami is ready for change and I feel Blackline is perfectly suited to complement the current lineup of large residential projects in the pipeline. Miami real estate is also being watched on a global stage and using Blackline gives developer and sales team the ability to connect with clients anywhere, anytime. The ability for everyone involved with a pre-construction transaction (developer, sales team, outside realtor, purchaser, lawyer) to interact with a single ecosystem will streamline their experience, maintain brand value and result in a more efficient sales process.
What long-term goals do you have for Blackline in Miami and beyond and how do you plan to achieve them?
Miami is a primary market we’re focused on in the US but we have our sights set on going global. There is a real appetite to integrate technology into the new development sales process and Blackline is suited ideally for those looking to accelerate their sales, achieve efficiency and make data driven decisions for their projects. We are offering a product that has proven itself with over 80,000 units sold on the platform and we continue to innovate to meet industry needs. Through targeted education of the product, and exposure from marquee projects looking to adopt the platform, we believe Blackline will soon become the industry standard for new development sales, not only in Miami but globally.
Iconic Luxury Hotels Debuts First U.S. Property with Palm House Hotel in Palm Beach
Iconic Luxury Hotels (ILH), renowned for its prestigious portfolio of historic and luxurious accommodations, will unveil its first U.S. property, the Palm House Hotel, set to open in Palm Beach this November. This marks ILH's entry into the American hospitality market, expanding its celebrated collection that includes the famed Excelsior Venice, Cliveden House, and Mayfair Townhouse.
Iconic Luxury Hotels (ILH), renowned for its prestigious portfolio of historic and luxurious accommodations, will unveil its first U.S. property, the Palm House Hotel, set to open in Palm Beach this November. This marks ILH's entry into the American hospitality market, expanding its celebrated collection that includes the famed Excelsior Venice, Cliveden House, and Mayfair Townhouse.
Nestled in the heart of Palm Beach, just a stone's throw from the golden sands and the upscale boutiques of Worth Avenue, the Palm House Hotel embodies a Mizner-inspired design that pays homage to the region's architectural heritage. This new addition will be the eighth property in ILH's portfolio and the first on American soil.
After a meticulous three year renovation, the Palm House Hotel will feature 79 elegantly appointed rooms, including 21 luxurious suites, all designed to offer some of the most spacious accommodations on the island. Guests can enjoy floor-to-ceiling windows, arched doorways, and private terraces. Among the hotel's highlights are four expansive suites, including a grand Presidential Suite with a double-height living area that opens onto a balcony with panoramic views of the pool deck.
In addition to its lavish rooms and suites, the Palm House boasts a newly constructed ballroom complemented by a garden terrace and a poolside lawn, making it an exceptional venue for weddings, special events, and business meetings.
Andrew Stembridge, Executive Director of Iconic Luxury Hotels, commented, "The opening of Palm House Hotel represents a significant milestone for our brand as we extend our footprint into the U.S. market. We are thrilled to bring our distinctive blend of luxury and heritage to Palm Beach."
Founded in December 2016, Iconic Luxury Hotels is part of L+R Hotels, a global investment and management company with a portfolio exceeding 105 hotels and around 21,000 guestrooms. Each property in ILH’s collection is unique, yet they all share a dedication to delivering exceptional experiences. From Cliveden House in England to the Hotel Excelsior in Venice, ILH’s portfolio features some of the world’s most renowned hotels. The group also includes Chewton Glen, The Lygon Arms, 11 Cadogan Gardens, The Mayfair Townhouse, and The Chelsea Townhouse.
L+R Hotels, headquartered in London, has built a distinguished reputation through strategic investments and adaptability to market trends. The company manages a diverse portfolio of 23,519 rooms across the UK, Continental Europe, the U.S., and the Caribbean. This portfolio ranges from select service hotels to acclaimed five-star properties and luxurious resorts in exclusive destinations. L+R Hotels operates through four distinct groups: Iconic Luxury Hotels, Atlas Hotels, City Hotels, and Destination Hotels, each with its own unique character and focus.
With the introduction of the Palm House Hotel, Iconic Luxury Hotels is set to offer American travelers a taste of its renowned elegance and luxury, marking a new chapter in its storied history.
Pagani Residences Reveals New Kitchen And Bathroom Interior Renderings
Riviera Horizons has revealed a first look at the kitchens and bathrooms at Pagani Residences Miami with a new set of interior renderings showcasing the luxurious interiors by A++, curated by Pagani Arte, the newly established Made in Italy interior design division.
Riviera Horizons has revealed a first look at the kitchens and bathrooms at Pagani Residences Miami with a new set of interior renderings showcasing the luxurious interiors by A++, curated by Pagani Arte, the newly established Made in Italy interior design division. Potential buyers can choose from over 16 design elements, including 4 countertop options, 2 flooring styles, and 2 cabinetry choices. Every detail is thoughtfully designed to harmonize art and functionality, ensuring a truly exceptional living space. Pagani is a brand known for exclusivity, “stealth-wealth” characteristics and handcrafted quality. Just as no two Pagani cars are identical, each featuring unique aesthetic details and customizations, Pagani Residences offers unparalleled customization options for your kitchen or bathroom.
Miami’s first-ever Hypercar branded building, Pagani Residences will offer 70 handcrafted, waterfront residences with prices starting at $2.4 million on Miami’s North Bay Village. 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. Completion is slated in 2027 with Fortune Development Sales leading sales and marketing for the project.
Located at 7940 West Drive, North Bay Village, the 28-story, amenity-rich property designed by Revuelta Architecture will offer 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.
Pagani Residences will include an exquisite collection of amenities including a 240-foot waterfront boardwalk and private boat slips. Owners will enjoy 24/7 concierge service to anticipate every need. On the ground floor residents’ amenities include valet parking and porte-cochere, 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.
For more information about Pagani Residences Miami or to inquire about purchasing a unit please fill out the form below:
Related Group, BH Group and Partners Break Ground On The Residences at Six Fisher Island
Related Group, along with partners Teddy Sagi, BH Group and Wanxiang America RE Group, have officially broke ground on the Residences at Six Fisher Island, the highly anticipated residential tower set to rise within the country’s most exclusive community, Fisher Island.
Related Group, along with partners Teddy Sagi, BH Group and Wanxiang America RE Group, have officially broke ground on the Residences at Six Fisher Island, the highly anticipated residential tower set to rise within the country’s most exclusive community, Fisher Island. Situated on the final development site of the iconic 216-acre island, Six Fisher Island features just 50 bespoke residences spread across 10 stories. Coastal Construction is overseeing construction and completion is expected in 2026. The project is already 50% sold, having generated $500 million+ in sales, including two penthouses that sold for a total of $150 million, with sales overseen by Douglas Elliman.
“The groundbreaking of the Residences at Six Fisher Island marks a transformative moment for this historic island, being the first new development in over five years and one of its final luxury residential ventures,” said Nick Pérez, President of Related’s Condominium Division. “We’re incredibly honored to advance this landmark development, which offers a rare opportunity for buyers to secure a piece of Miami’s most coveted address. This project elevates the island’s esteemed legacy and establishes a new standard for Miami’s ultra-luxury market.”
With architecture by award-winning firm Kobi Karp Architects and interiors by renowned studio Tara Bernerd and Partners, each aspect of the building is designed to promote a seaside aesthetic that seamlessly blends signature Miami style with tasteful, tropical touches.
The 50 homes, ranging from three to eight bedrooms, are thoughtfully designed to offer the exclusivity of a single-family residence while providing the ease and convenience of condominium living. With soaring ceilings, expansive terraces and stunning panoramic windows, each residence offers a seamless indoor-outdoor experience and unparalleled water and city views. Residents will enjoy custom kitchens featuring Sub-Zero and Wolf appliances, dual walk-in wardrobes in the primary suites, and Tara Bernerd-designed bathrooms with elegant natural stone finishes. Each home also includes private elevator foyers, with select residences offering private pools and outdoor kitchens.
The project’s amenities enhance the five-star lifestyle that defines Fisher Island. With a collection of indoor-outdoor experiences along more than 1,000 linear feet of shoreline, residents have access to two separate, resort-style pool decks, complete with swimming pools, sunbeds, private cabanas and full-service bars. The oceanfront wellness facility offers dedicated spaces for cardio, Pilates, weight training, and yoga, while the full-service spa, with its saunas and treatment rooms, provides a retreat for total relaxation. Additional amenities include a virtual reality game room, multi-sport simulator, interactive children’s playground, as well as a variety of on-demand services, including a 24/7 concierge, a house car and private transportation on and off Fisher Island.
"We are thrilled to move one step closer to bringing world-class residences to Fisher Island, where luxury meets community in the most sought-after zip code on the East Coast,” remarked Isaac Toledano, Founder of BH Group. “The surge in pre-sales reflects the island’s prominence as a global destination, and reinforces the project’s dominance as the premier choice for discerning buyers seeking the pinnacle of luxury living.”
Fisher Island has long been seen as one of the most prestigious communities in both South Florida and the country. Island residents are granted a coveted lifetime membership to Fisher Island Club, which comprises a nine-hole golf course, 18 tennis courts, a 24,000-square-foot spa and state-of-the-art fitness center, a variety of dining options, a luxurious beach club and an expansive deep-water yacht marina.
For more information about The Residences at Six Fisher Island or to inquire about purchasing a unit please fill out the form below:
Pair of Highest Penthouses In Miami Beach Revealed Atop Five Park Listed At $19 Million and $20 Million
Miami Beach’s highest penthouses have hit the market for the first time, crowning Five Park, the tallest building in Miami Beach. The residences are listed at $20 and $19 million and are designed by New York design studio Meyer Davis, known for clients like Four Seasons and Auberge Resorts Collection.
Miami Beach’s highest penthouses have hit the market for the first time, crowning Five Park, the tallest building in Miami Beach. The residences are listed at $20 and $19 million and are designed by New York design studio Meyer Davis, known for clients like Four Seasons, Auberge Resorts Collection and designing Oscar de la Renta's worldwide boutiques. The landmark project, developed by David Martin (Terra) and Russell Galbut (GFO Investments), features a striking 48-story tower and the adjacent Canopy Park, a backyard community oasis spanning three acres.
Canopy Penthouse 01, priced at $20 million, boasts four bedrooms, six baths, a powder room, an office, a media room, and a full open kitchen plus a prep kitchen. With a total of 7,923 square feet, including a 1,863-square-foot terrace, residents can enjoy stunning bay, ocean, and park views.
Canopy Penthouse 02, priced at $19 million, features a similar floor plan with four bedrooms, six baths, a powder room, office, media room, open kitchen, and a closed prep kitchen. This lavish residence offers 7,756 square feet of living space, including a 1,868-square-foot outdoor terrace with panoramic views.
Five Park features over 50,000 square feet of amenities including the Canopy Club, which spans 40,000 square feet perched atop the tower offering sophisticated social spaces, including a private dining room, jewel box bar and lounge, living rooms, library, den, outdoor terraces, wellness and fitness areas. The Park Club amenity deck, which is an addition to the restaurant, features an expansive pool and café terrace with covered cabanas, loungers and intimate social spaces. Inside, residents can enjoy a fully outfitted gym, spa treatment rooms, co-working spaces with private offices and board rooms, screening rooms and more. The development also includes the construction of a 158-foot-long enclosed bridge designed by French conceptual artist Daniel Buren. The Canopy Bridge connects Five Park’s site to the South of Fifth neighborhood for the first time.
For more information about Five Park or to inquire about purchasing a unit please fill out the form below:
MG Developer Gifts $2 Million Donation To Baptist Health Foundation
Baptist Health Foundation has announced that it has received a $2 million donation from MG Developer, a residential property development company, in support of Baptist Health Doctors Hospital in Coral Gables. MG Developer will be recognized at Baptist Health Doctors Hospital as one of its leading donors.
Baptist Health Foundation has announced that it has received a $2 million donation from MG Developer, a residential property development company, in support of Baptist Health Doctors Hospital in Coral Gables. MG Developer will be recognized at Baptist Health Doctors Hospital as one of its leading donors.
“We are thrilled to partner with MG Developer and grateful for their generosity,” said Alex Villoch, CEO of Baptist Health Foundation. “This donation allows Baptist Health Doctors Hospital to have the resources it needs to provide exceptional care to patients and their families while promoting healthy lifestyles and offering an additional benefit for residents of The Village. It’s a gift that will continue to support healthcare excellence in this community.”
MG Developer’s generosity will help establish The Village at Coral Gables as a wellness-conscious community, emphasizing the importance of residents’ long-term healthy lifestyles while supporting a nearby world-class hospital that meets their needs. “This is a truly remarkable collaboration between MG Developer and Baptist Health Foundation,” said Alirio Torrealba, CEO of MG Developer. “We are proud to join them in supporting our Coral Gables community, as access to high-quality healthcare is an essential part of our local residents’ quality of life.”
Baptist Health Doctors Hospital has provided high-quality medical care to the community since 1949. Recognized as a Magnet hospital for nursing excellence, Baptist Health Doctors Hospital offers general and specialized services, including orthopedics and sports medicine, cardiac care and sports cardiology, general surgery, robotic and minimally invasive laparoscopic surgery, geriatric medicine, and pulmonary care. The hospital features a state-of-the-art intensive care unit and provides a wide range of outpatient diagnostic services. Its emergency department provides a high-tech, high-touch approach to medicine.
Baptist Health Doctors Hospital is also home to the Miami HEAT Sports Medicine Center at Baptist Health Orthopedic Institute. The 49,000-square-foot facility houses all of the Institute’s orthopedic specialties, including an ambulatory surgery center on the top floor.
U.S. News & World Report recognized Baptist Health Doctors Hospital as a High-Performing hospital in geriatrics, orthopedics, chronic obstructive pulmonary disease, hip replacement, kidney failure, knee replacement, and pneumonia. Baptist Health Orthopedic Institute at Baptist Health Doctors Hospital was ranked as a High-Performing hospital in orthopedics, hip replacement, and knee replacement for 2023- 2024.
“This gift will make a significant impact,” said Lourdes Boue, CEO of Baptist Health Doctors Hospital. “From advanced diagnostic equipment to clinical development opportunities to patient support programs, our donors are helping us provide outstanding resources to our community. We are pleased to welcome The Village at Coral Gables residents with the exceptional care we have always been known for.”
Scheduled for completion in Q2 2025, The Village at Coral Gables is a 48-residence collection of townhomes, lofts, villas, and flats nestled in the residential heart of the city. Paying homage to Coral Gables founder George Merrick in what’s considered a continuation of his vision of themed villages throughout Coral Gables, the project evokes the aesthetic beauty and lifestyle of Seville, Spain, with Mediterranean-revival style architecture.
As part of this donation, residents at The Village will be recognized as members of Baptist Health’s “Giving Society,” a distinguished group of individuals taking a conscious approach to community philanthropy that elevates the local standard of living.
4.5 Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Hits The Market For $135 Million
One of South Florida's most unique estates in Miami’s hot Coconut Grove neighborhood has hit the market for a whopping $135,000,000. Located at 3585 Anchorage Way in Coconut Grove, the estate known as Banyan Ridge is a rare multi-dwelling compound spread across 10 parcels on 4.5 lush acres.
One of South Florida's most unique estates in Miami’s hot Coconut Grove neighborhood has hit the market for a whopping $135,000,000. Located at 3585 Anchorage Way in Coconut Grove, the estate known as Banyan Ridge is a rare multi-dwelling compound spread across 10 parcels on 4.5 lush acres.
With its stunning waterfront location offering approximately 180' of frontage on Biscayne Bay, the property features multiple homes, outbuildings, and exceptional amenities. The compound includes two primary residences, a guest house, a gym/spa, a guest POD, a waterfront cabana, two three-car garages, and a multi-level townhome perfect for a family office. The structures are surrounded by paved garden paths lined with towering banyan trees and lush vegetation, providing a tranquil escape in the heart of Coconut Grove.
Residence 1 offers four bedrooms, four and a half baths, formal and informal living rooms, a showcase kitchen with high-end appliances, and a lagoon-like pool. Residence 2 offers three bedrooms, four baths, and glass-wrapped walls showcasing mesmerizing views of Biscayne Bay and downtown Miami. The property also includes a guest house with three bedrooms, three and a half baths, a 20-person dining room, and historic fireplaces converted to gas.
Additionally, the estate features a family office townhome with two bedrooms, two and a half baths, and a full kitchen, as well as staff quarters, a tool shed, and a maintenance parking lot. The property's amenities also include multiple pools, gardens, an orchid house, and a 12,000 square foot dock with a boat lift.
3585 Anchorage Way is listed with Lourdes Alatriste and Holly Parker of Douglas Elliman.
Images via Travis Rummel
CMC Group Tops Off Vita at Grove Isle in Coconut Grove
Grove Isle’s first new residential development in decades is one step closer to completion. Renowned real estate developer Ugo Colombo’s CMC Group has topped off construction of Vita at Grove Isle, a 65-unit ultra-luxury condominium on the 20-acre private island of Grove Isle, situated just offshore of Miami’s Coconut Grove neighborhood.
Grove Isle’s first new residential development in decades is one step closer to completion. Renowned real estate developer Ugo Colombo’s CMC Group has topped off construction of Vita at Grove Isle, a 65-unit ultra-luxury condominium on the 20-acre private island of Grove Isle, situated just offshore of Miami’s Coconut Grove neighborhood. The seven-story boutique waterfront development, located at 5 Grove Isle Drive, is comprised of three interlinked buildings, artfully forming one unified structure. Vita at Grove Isle is slated for delivery in late 2025.
Vita at Grove Isle is seeing strong sales, with nearly 80% of its residences already pre-sold and under hard contract. The majority of the development’s buyers hail from the United States, showing strong domestic demand for newly built product as a primary residence in Coconut Grove, which has become one of Miami’s most desirable neighborhoods in the recent years.
“Seeing Vita at Grove Isle take shape is a fulfillment of our vision for future residents and the future of Grove Isle itself,” said Ugo Colombo, Founder of CMC Group. “This development will offer an exclusive private-island lifestyle, combining the unparalleled water views and unique location with the comfort and luxury of homes, all within the convenience of a condo. It truly redefines luxury living in one of Miami’s most sought-after residential enclaves.”
Residences at Vita at Grove Isle will feature unobstructed panoramic bay views, exquisite detailing, and the highest quality materials and craftsmanship. Units include three-, four-, and four-plus-den-bedroom layouts, along with a collection of twelve exclusive penthouses each boasting private rooftop pools, measuring up to 6,600 square feet in size. Residences are priced from about $6 million, with penthouses priced from about $19.5 million.
Vita at Grove Isle’s construction progress brings the island closer to much-needed significant upgrades, including roadway enhancements, updated signage, and guardhouse improvements, as well as the completion of the 'Vita at Grove Isle Club.' Club members will have access to a Club pool and adjacent bar, as well as additional amenities including night-lit tennis, padel ball and pickleball courts. Vita residents will also have exclusive access to a range of indoor wellness facilities, including a private bayfront pool, bar, lounge, and fitness center and spa. Additional amenities include a children’s playground, along with a gourmet restaurant and bar, open to the public, which will serve lunch, dinner, and cocktails, along with access to the island's marina.
CMC Group’s exceptional track record of sought after, sold out, high-quality residential buildings has established the firm’s strong and long-lasting relationships with top lenders. In early 2024, CMC Group secured a $239 million construction loan from Bank OZK for the building.
Ugo Colombo has tapped global architecture and design firm CallisonRTKL, local architectural firm S & E Architects, and Italian designers Carlo and Paolo Colombo of A++ Architecture to create one-of-a-kind interior and amenity spaces at Vita at Grove Isle. Composed to showcase a single architectural structure, the three buildings – Mare, Luce, and Sole – will offer a boutique living experience enveloped by lush, native landscaping. The building’s design mirrors its unique Grove Isle location, inspired by the natural contours of the island in its elegant, curved shape while maximizing views of the sparkling Biscayne Bay.
Meticulous detail was paid to the design of Vita at Grove Isle. Every residence will include private elevators with a private foyer; contemporary Italian-designed open concept kitchens with concealed top-of-the-line appliances; elegant bathrooms with custom Italian cabinetry, European designer fixtures, hand-selected book matched marble, and masterfully crafted Italian stonework; at least 10-foot-high ceilings; pre-installed smart home technology including lighting, climate control and water/air filtration systems; high-performance interior wall soundproofing for ultimate relaxation and privacy; and large 13-foot-deep waterfront terraces – and up to 6,000 square feet of private rooftop space in penthouses – allowing for year-round outdoor dining, lounging and entertaining.
Spanning 20-acres, Grove Isle is considered one of Miami’s most exclusive private islands, located in Coconut Grove, just minutes away from mainland Miami via the scenic Grove Isle Drive bridge. The secluded community is highly prized by residents as a peaceful haven with panoramic bay views. The island is in close proximity to Miami’s best shopping, most elite schools, chef-driven restaurants, and entertainment destinations in areas such as Brickell, Miami Beach, and Coral Gables and has been described as one of the most affluent neighborhoods in the United States.
Ugo Colombo’s commitment to timeless style, breathtaking luxury and meticulous detail has been a constant in the sea of change that has come to define Miami real estate over the past three decades. In 1993, the Italian developer’s CMC Group began building Bristol Tower, the condo that ignited the luxury residential boom in Miami. Bristol Tower’s success was followed by the launch of Santa Maria in 1996, the 52-story tower whose ‘mansions in the sky’ reshaped the Brickell skyline and put the district on the map as one of the world’s top-tier luxury markets.
Since then, CMC Group has focused on developing only a handful of condominium developments – Porto Vita, Grovenor House, EPIC Hotel & Residences and Brickell Flatiron – all of which enhanced their respective communities and retained value by competing with pricing of new product on the market today. The firm recently delivered Onda Residences in Miami’s Bay Harbor Islands, a luxury boutique condominium in partnership with Morabito Properties, and launched sales for the Four Seasons Private Residences Coconut Grove, the hotel flag’s first standalone residential project in Florida.
For more information about Vita at Grove Isle or to inquire about purchasing a unit please fill out the form below:
Check Out This $24 Million 4-Acre Modern Estate in Southwest Ranches
Discover the epitome of luxury living in the heart of prestigious Southwest Ranches with this stunning 4-acre modern estate that has just hit the market for a jaw-dropping $24 million complete with a massive 19,000-square foot rooftop.
Discover the epitome of luxury living in the heart of prestigious Southwest Ranches with this stunning 4-acre modern estate that has just hit the market for a jaw-dropping $24 million complete with a massive 19,000-square foot rooftop.
As you approach the estate, you are greeted by a state-of-the-art motorized aluminum gate, bathed in striking blue LED lighting. The 25,609-square foot residence boasts floor-to-ceiling windows and soaring ceilings that flood the interiors with natural light.
Featuring seven opulent bedrooms, each with its own ensuite bathroom and walk-in closet, two elegant half baths, and multiple grand rooms ideal for showcasing an art collection or luxury vehicles, this estate is truly one-of-a-kind. However, the crown jewel of this property is its extraordinary rooftop, spanning over 19,000 square feet and covered in no-maintenance turf. This versatile space is perfect for sunbathing, hosting lavish parties, or displaying your art collection against a backdrop of sweeping views.
Additional features include a custom wine display room with a floor-to-ceiling window showcasing 264 bottles, exotic cars, remote-activated blinds, LED lighting, and an advanced alarm system accessible via app. The two pools on the property offer the ultimate in relaxation and luxury, with the outdoor pool featuring a beach-like section, infinity edge, and kids' pool, while the indoor pool boasts jacuzzi jets.
With 187 impact-resistant glass panels framed in silver aluminum, high-speed fiber-optic internet, and two 4-car garages that can accommodate up to eight vehicles, this estate truly has it all. Not to mention, the area is popular among celebrities and high-profile residents, including Gisele Bündchen, Rick Ross, Amar’e Stoudemire, Dwayne 'The Rock' Johnson, Udonis Haslem, and more.
17250 SW 52nd Court is listed for $24 million by Kimberly Knausz with ONE Sotheby’s International Realty.
Related Group and Integra Investments Close On $527 Million In Construction Financing For St. Regis Residences, Miami
Related Group (Related) with Integra Investments (Integra) have closed on $527 million in financing for the highly-anticipated residential tower, St. Regis Residences, Miami (The Residences), on the Biscayne Bay waterfront in Miami’s South Brickell neighborhood.
Related Group (Related) with Integra Investments (Integra) have closed on $527 million in financing for the highly-anticipated residential tower, St. Regis Residences, Miami (The Residences), on the Biscayne Bay waterfront in Miami’s South Brickell neighborhood. The loan was provided by TYKO Capital, a multi-billion-dollar commercial real estate private equity and private credit investment management platform, led by Adi Chugh. Over 60% of The Residences’ 152 homes are now in contract.
"We're pleased to partner with TYKO Capital to obtain one of the most substantial residential construction loans in South Florida's history," said Nick Pérez, President of Related's Condominium Division. "This achievement underscores investors' trust in Miami’s thriving residential market and, notably, in the distinguished St. Regis brand. The St. Regis Residences, Miami redefines luxury living, bringing an elevated lifestyle to the Brickell waterfront. With unparalleled amenities, spectacular views and impeccable service, every aspect is curated to surpass resident expectations."
Located at 1809 Brickell Ave., The Residences is being brought to life by a visionary team, with architecture by the esteemed Robert A.M. Stern Architects (RAMSA) and interiors by the highly acclaimed Rockwell Group. This striking property marks the first residential development in South Florida for RAMSA, which drew inspiration from the elegant aesthetic of golden-age ocean liners at sea, merged with the modern allure of skyscrapers. The 50-story tower will feature 152 condominium homes ranging from two to six bedrooms, including penthouses, sky villas and two stand-alone garden villas, creating a once-in-a-generation building that offers a bespoke experience synonymous with the St. Regis brand’s unmatched, historic five-star services.
“This significant financing milestone reflects Miami's rising prominence on the global stage and reinforces the remarkable appeal of the St. Regis brand,” said Nelson Stabile, Principal at Integra. “We’re excited to move closer to realizing The St. Regis Residences, Miami, which will extend the hallmark St. Regis lifestyle— from bespoke butler service to Michelin-starred dining —to a setting that offers both the vibrancy of Brickell and a serene retreat. Residents will experience something truly exceptional, and we're honored to play a role in shaping this vision while redefining the benchmarks of luxury living in Miami's real estate market."
In keeping with the St. Regis brand’s uncompromising commitment to excellence, residents will experience one of the most robust amenities packages on the market, with more than 50,000 square feet of indoor and outdoor spaces, including a professional-grade fitness center with a pilates and yoga studio; a full-size pickleball court; a private marina; a world-class spa and holistic wellness center; and an indoor lap pool. Signature butler services complete the lifestyle experience, including deliveries to residences, an on-premises house car, shoeshine service and other personal arrangements. Park-like grounds surround the building with lush landscaping designed by the acclaimed Swiss design firm, Enea Garden Design.
The culinary offerings at The Residences are equally exceptional. With the iconic St. Regis Tea Room and a fine-dining restaurant led by Michelin-starred chef Fabio Trabocchi, residents are treated to an unparalleled dining experience, redefining the concept of 'dining in.'
Renderings via Binyan Studios
For more information about St. Regis Residences, Miami or to inquire about purchasing a unit please fill out the form below:
Bal Harbour Shops has unveiled its fully leased, 200,000-square-foot West Shops expansion, with 30 luxury boutiques and flagship stores and openings continuing through 2028.