3000 Waterside: A New Luxury Waterfront Development Launches in Fort Lauderdale

Claridge Homes, a Canadian real estate development firm, has officially launched 3000 Waterside, a luxury waterfront condominium project situated along the Intracoastal Waterway in Fort Lauderdale. After quietly attracting interest during the winter of 2024, the development has already secured $26.75 million in pre-sales, reflecting the demand for high-end waterfront living in the area.

The 18-story tower will feature 129 residences ranging from 1,120 to 2,647 square feet, with designs that emphasize indoor-outdoor living through expansive floor-to-ceiling windows, glass balconies, and terraces. Views of the Intracoastal Waterway, the Atlantic Ocean, and the Fort Lauderdale skyline will be a highlight of many units. The residences will include upscale finishes such as large-format porcelain tile flooring, European-style cabinetry, quartz countertops, and wine chillers in the kitchens.

The top four floors will house 23 penthouse units, which will offer additional features such as dens or media rooms and range from two-bedroom layouts to larger configurations with up to four bedrooms and four bathrooms. Select penthouse buyers will also benefit from reserved parking spaces.

Amenities at 3000 Waterside are designed to provide a resort-inspired lifestyle. A 19th-floor rooftop space will offer 8,500 square feet of landscaped areas with a hot tub, fire pits, and outdoor bars, all with panoramic views. Other amenities include a waterfront pool deck overlooking the Intracoastal, a fitness center with a yoga studio, and a spa lounge with a steam room, sauna, and treatment space. For dining, the property will feature an on-site restaurant with indoor and outdoor seating options.

Additional features include a double-height waterfront lobby with 24/7 concierge services, a billiards room, a barbecue courtyard, and private spaces for entertaining such as a party room and kitchen. Owners will also have access to two guest suites available for short-term rental, providing convenient accommodations for family and friends.

For boating enthusiasts, the development will offer 13 private boat docks available for purchase by residents, as well as a dock for restaurant guest pick-up and drop-off. Every residence will include a storage locker, with electric vehicle charging available as an upgrade.

Located at 3000 East Oakland Park Boulevard, 3000 Waterside provides residents with proximity to Fort Lauderdale’s beaches, marinas, and cultural attractions. The property is within walking distance of the city’s scenic canals and pedestrian-friendly streets, which are ideal for cycling and jogging. Fort Lauderdale-Hollywood International Airport is just 10 miles away, and the nearby Brightline station provides a quick 30-minute connection to Miami. Pricing for the residences begins at $990,000, with delivery expected in May 2028.

For more information about 3000 Waterside or to inquire about purchasing a unit please fill out the form below:

Robert Rivani's Black Lion Investment Group Sells Restaurant Space Occupied by CATCH in South Beach For Record $28.2 Million

Black Lion Investment Group, led by Robert Rivani, has sold one of their trophy assets in Miami Beach’s highly sought after South of Fifth neighborhood for $28.2 million to Texas-based investor River Oaks Properties, led by its President Adam Frank. Purchased in 2022 for $11.5 million, Black Lion strategically acquired the location at 200 South Pointe Drive and within weeks signed a 15-year lease to bring in CATCH, one of the most renowned dining destinations in the country. The transaction marks the highest value attributed to a freestanding restaurant property in Florida’s history, showcasing the demand for irreplaceable assets in Miami’s exclusive South of Fifth neighborhood.

“We are proud to have played a key role in bringing a world-class tenant to one of Miami’s most iconic neighborhoods. CATCH has elevated the city’s dining scene, and we are grateful to their team for placing their trust in us and our property,” said Rivani. “This deal underscores the resilience and growth potential of the restaurant industry in the South Florida market.”

CATCH first opened its doors in New York City's Meatpacking District in 2011. Its Miami outpost, which debuted last summer, offers an impressive 23,000-square feet of space. The restaurant showcases a mix of indoor dining and an outdoor rooftop space, designed by Rockwell Group.

JLL Capital Markets' Alex Sharrin and Jeffrey Cicurel represented Black Lion in the transaction, and procured the buyer represented by Pegasus Investment's David Chasin and Daylin Ackerman.

“CATCH Miami Beach represents a rare fusion of a critically acclaimed dining operator, underpinned by credit, and positioned amidst some of the most coveted real estate in the country – Miami Beach’s South of Fifth neighborhood,” Sharrin added.

Black Lion’s portfolio includes an impressive array of hospitality-driven properties with tenants including Gekko, Amara, Rosa Negra, and the upcoming GAIA. Rivani recently cemented his bullish run on Miami by purchasing a 160,000-square foot office building at 1691 Michigan Ave in April 2024. Coined ‘The Rivani’, the hospitality visionary plans to transform the office building into a Class X space showcasing features you would find at an exclusive 5-star hotel including a concierge, spa, meditation room, fitness center, salon, cafe, and a Japanese restaurant and speakeasy.

“Miami continues to solidify its status as a world-class, thriving city and we are proud to play a part in its evolution,” said Rivani. “We are excited to soon unveil an incredible lineup of tenants who will be joining ‘The Rivani’ this year.”

Related Companies To Co-Develop Citadel's Waterfront Foster + Partners-Designed 1201 Brickell Bay Drive Supertall

Billionaire hedge fund manager Ken Griffin will be partnering with the New York-based Related Companies to develop co-develop Citadel’s new supertall tower at 1201 Brickell Bay Drive. The project, with a proposed height of 1,032 feet and 54 stories, will be a mixed-use development featuring 1.3 million square feet of office space, a 212-room rooftop hotel, fine dining restaurants, a health spa, fitness club, and more.

Designed by Foster + Partners, the 1.7 million square foot supertall tower will serve as the headquarters for Griffin's Citadel and Citadel Securities. Construction of the $1 billion-plus development is expected to begin in the third quarter of 2025, with plans for subsequent phases that include additional office space, residential units, and parking facilities across the street.

After announcing that both Citadel and Citadel securities will move to Miami from Chicago, Citadel was revealed as the buyer of 1201 Brickell Bay Drive after Tibor Hollo’s Florida East Coast Realty sold the 2.5 acre supertall development lot in a $363 million mega-deal in April 2022. Also in April 2022, Griffin acquired the adjacent 1250 Brickell Bay Drive and 1260 Brickell Bay Drive for $20 million, the lots total roughly 6,655 SF. The lots are adjacent to 1221 Brickell Avenue, which an entity tied to Citadel acquired in June 2022 for $286.5 million. The assemblage of properties spanning from 1221 Brickell Avenue to 1250-1260 Brickell Bay Drive is across the street from 1201 Brickell Bay Drive. The price equated to $145 million per acre, $3,340 PSF dirt value.

Ken Griffin’s net-worth is estimated to be about $31 billion and he has been one of the largest luxury property buyers in the world over the past several years. Also in Miami, Griffin has spent years and $170 million acquiring a Star Island assemblage. He made a splash when he acquired 8 Star Island Drive, a teardown built in 1993 on 1.8-acres, for $75 million. The sale set record for single-family home sales in Miami-Dade County at the time, a record Griffin is no stranger breaking. Griffin has also acquired the adjacent 10 Star Island for $25 million and 11 and 12 Star Island Drive in an off-market deal for roughly $37 million and 13 Star Island for $32.5 million. The acquisitions total $170 million. Griffin also set a record when he was revealed as the buyer in the mega-transaction for the four-acre waterfront Adrienne Arsht compound for a staggering $106,875,000.

Renderings via Foster + Partners

Carbon Neutral Apple Miami Worldcenter Now Open In Downtown Miami's Miami Worldcenter

In a significant addition to Downtown Miami, Apple has announced the upcoming grand opening of its new store at Miami Worldcenter, designed to be a vibrant destination for technology enthusiasts and casual shoppers alike. This will mark Apple’s sixth retail location in the Miami-Dade County, further cementing the tech giant’s expanding footprint in this bustling region.

Located in the heart of the fast-developing Miami Worldcenter project, the store occupies 15,000 square feet at 725 NE 1st Ave. The Miami Worldcenter itself is an ambitious 27-acre development, boasting a $6 billion investment and featuring a mix of residential, commercial, and hospitality assets. With the Apple store situated adjacent to a 20,000-square-foot outdoor public plaza, dubbed World Square, it’s designed to enhance community interaction and pedestrian traffic. This stylish, one-story structure will not only deliver Apple’s renowned customer experience but will do so in an environmentally conscious manner.

Reflecting Apple’s commitment to sustainability, Apple Miami Worldcenter has been constructed using regionally sourced mass timber and other low-carbon materials, successfully reducing the carbon intensity of its construction. The store operates on 100% renewable energy, achieving carbon neutrality in its operations. The design embraces biophilic principles, creating a seamless connection between the interior and the lush green surroundings, which is particularly inspired by Miami’s diverse and multicultural landscape.

Accessibility is a core focus of the new space, featuring universal design principles to accommodate all customers. The layout includes varied table and seating heights to facilitate product exploration, spacious access routes for wheelchair users, and assistive listening technology for customers who use hearing aids.

Furthermore, the Miami store introduces the first dedicated Apple Pickup area in the city, streamlining the process for customers who prefer to shop online and collect their orders in-store.

To celebrate its grand opening on January 24 at 10 a.m., Apple Miami Worldcenter will host a lineup of special programs. Customized sessions of Today at Apple will highlight the store's unique environment and sustainable design, along with special Made for Business events facilitated by local entrepreneurs. Visitors will have the opportunity to engage with Apple’s rich ecosystem of products, featuring the latest iPhone 16, iPad, MacBook Pro, and more.

The store's team, comprising over 150 Apple specialists, is dedicated to providing exceptional support and education to customers, helping them navigate Apple's innovative features and tools.

Miami Worldcenter stands as one of the largest privately owned urban development projects in Florida. Its ongoing phases are set to incorporate a breathtaking mix of lifestyle, dining, and retail experiences, alongside residential towers. Ground-breaking new restaurants, retail brands, and hospitality venues—including a citizenM hotel and a Lucid Motors showroom—are already part of the vibrant landscape.

With the Miami Worldcenter Apple Store, the development promises not just to bolster the local economy but also enrich community ties through technology and innovation. As Miami continues to evolve as a tech hub, Apple’s presence aligns perfectly with the city’s vision for growth and sustainability.

Renderings via Apple

Barneys-Branded North Bay Road Estate Designed By Kobi Karp Sells For $40 Million In Off-Market Sale

A Barneys-branded waterfront residence designed by Kobi Karp on North Bay Road has sold for $40 Million in an off market deal. The seller and developer of the Barneys-branded estate is the Salter family which heads up brand-management company Authentic Brands Group, behind names like Reebok, Juicy Couture and David Beckham. Cyril Matz of Douglas Elliman represented the seller. The buyer, per public record, is consumer goods multimillionaire Anand Khubani, founder and CEO of Ideavillage Products, who made South Florida real estate headlines last year for a $100 million purchase of a La Gorce Island assemblage. The buyer worked with Evan Weiss of 305 Degrees Realty.

The custom home is a stunning showcase of Authentic Luxury Group’s yet-to-be-revealed Barneys New York Home Collection that will launch later this year. With interiors by Slim Keskes, creative director of Barneys Home, the masterfully curated waterfront residence features architecture by Kobi Karp and is nestled on a 30,800 SF lot with 100 feet of water frontage.

“This property was built as a custom home, not a spec home, so the materials and finishes were done at the highest possible level. They did not cut any corners,” said Cyril Matz of Douglas Elliman, who represented the seller. “Inventory is extremely limited on North Bay Road and this was the only home available of this caliber that was brand new construction, turnkey and had never been lived in. North Bay Road is one of the most in-demand addresses in Miami Beach because of its location, large estate size properties, incredible waterfront views and the high-profile neighbors.”

Showcasing 14,520 SF of interiors, the home features 6 bedrooms plus 2 staff rooms, a home office, movie theatre, full wellness center equipped with spa, sauna, steam, cold plunge and hot bath, a wine room, game room and rooftop accessible by elevator. The expansive outdoor areas feature 2 pools, one facing the water and another one facing east on the second floor. The home was fully finished with the highest quality materials and design, and sold completely furnished and accessorized.

Images via Kobi Karp for exteriors / Slim Keskes for interiors

Mast Capital and Starwood Capital Group Secure $390 Million Construction Loan For The Perigon Miami Beach

Following the commencement of construction this past spring, The Perigon Miami Beach, a joint venture condominium development on Miami Beach between Miami-based real estate development group Mast Capital and a controlled affiliate of Starwood Capital Group, a globally renowned private investment firm led by Barry Sternlicht, has closed $390 million in construction financing. This monumental achievement underscores the project’s exceptional quality and market appeal, marking a pivotal step forward in delivering what will be a landmark of architectural excellence and refined living. The Perigon Miami Beach broke ground in April 2024 spearheaded by general contractor Moss Construction and is slated for delivery in 2027.

The Perigon’s financing, one of the largest construction loans to close in Miami Beach over the last year, is being provided by Eldridge Real Estate Credit, a leading investor in real estate credit opportunities throughout the U.S., U.K., and Europe, including construction, bridge, and special situation opportunities across the capital structure.

“The successful closing of this landmark construction loan underscores the extraordinary momentum of The Perigon and the overwhelming market response it has garnered. We took great pride in bringing together a world-class team of architects, designers, and culinary visionaries to shape The Perigon Miami Beach into an iconic condominium that resonates with discerning buyers, drawn to its unparalleled beachfront setting and timeless sophistication,” said Camilo Miguel, Jr., Founder and CEO of Mast Capital. “The robust interest from the lending market further validates the strength of our sponsorship and cements The Perigon’s position as a defining statement in ultra-luxury living.”

With over 75% of residences sold, The Perigon’s sophisticated architectural design, world-class amenities, and exclusive location stands as a powerful testament to the team’s collective expertise and determination to redefine ultra-luxury living in Miami Beach.

“We are proud to partner with Mast Capital and Starwood Capital Group on The Perigon Miami Beach, a development that sets a new standard for ultra-luxury residences in Miami. This is a project that represents the exceptional, visionary real estate we seek to finance, and further underscores the continued growth and momentum of our business,” added Matthew Rosenfeld, Managing Director, Eldridge Real Estate Credit.

The ultra-luxury tower offers two- to four-bedroom residences ranging from 2,100 to 6,700 square feet, with eight private guest suites. Currently starting at just over $10 million, the residences are impeccably designed by acclaimed interior designer Tara Bernerd, featuring the finest finishes, expansive 10-foot ceilings, and 10- to 12-foot-deep wraparound balconies that frame direct water views. Sales and marketing are exclusively overseen by Douglas Elliman Development Marketing.

As the first Miami Beach residential project designed by internationally renowned architectural firm OMA, led by visionary architect Rem-Koolhaas, the diamond-shaped luxury condominium tower will feature 73 two- to four-bedroom residences offering breathtaking beachfront views. Nestled along the tranquil stretch of sand between Indian Creek and the Atlantic Ocean, The Perigon is situated at 5333 Collins Avenue in Miami Beach’s prestigious Mid-Beach neighborhood. With expansive beachfront acreage, unparalleled exclusivity, and an emphasis on privacy, it presents a lifestyle experience that is both rare and highly coveted.

The ultra-luxury condominium offers approximately 40,000 square feet of thoughtfully designed indoor and outdoor amenities, curated to elevate every aspect of lifestyle. Highlights include a private oceanfront restaurant and private speakeasy conceptualized by Michelin-starred chef Shaun Hergatt, who will oversee the property’s exclusive food and beverage offerings. Additional amenities feature an oceanfront swimming pool with cabanas, a serene spa with sauna and treatment rooms, a private salon, a fully equipped fitness center with panoramic ocean views, a children’s playroom, a screening room, a wine room, guest suites, and a striking double-height lobby lounge. These spaces are brought to life by a dedicated lifestyle concierge and residential butler, ensuring an unparalleled level of service. Residents will also enjoy 24-hour security, valet, house car service, pool and beach service, in-residence dining and more, offering a seamless blend of luxury and convenience.

Renderings via The Perigon Miami Beach

For more information about The Perigon Miami Beach or to inquire about purchasing a unit please fill out the form below:

Naftali Group Secures $40 Million C-PACE Financing Loan for JEM Private Residences in Downtown Miami's Miami Worldcenter

New York City and Miami-based real estate development and investment firm Naftali Group has secured a $40 million in C-PACE financing loan for the development of JEM Private Residences in Downtown Miami. The financing was provided by Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions and an affiliate of Nuveen, the $1 trillion+ asset manager.

“Securing this C-PACE loan represents another major milestone for JEM Private Residences as we continue to bring this exciting project to fruition,” said Miki Naftali, Chairman and CEO of Naftali Group. “Building on the momentum of our record-breaking groundbreaking just five months after launching sales, we are thrilled to see the development progressing. We are looking forward to completing this fantastic project.”

C-PACE, which stands for Commercial Property Assessed Clean Energy, provides flexible financing solutions for sustainable commercial real estate projects. Available in 40 states and Washington D.C., C-PACE has grown rapidly as an attractive alternative financing solution within the commercial real estate market. C-PACE financing will be used to fund the building’s energy efficiency and resiliency measures, including envelope, lighting, structural materials, water efficiency measures, energy efficiency consulting, and elevator systems. Through C-PACE, the sponsor was able to reduce the blended cost of capital for the project.

Chris Lawton, Managing Director, Head of Originations, NGC, said, “We were honored to partner with Naftali Group to fund this impressive new development. By leveraging C-PACE’s accretive financing, the Sponsor was able to lower their project costs, while gaining liquidity during the early stages of development. This is an excellent example of C-PACE’s versatility and cost-efficiency.”

Located within Miami Worldcenter, JEM Private Residences is the jewel of Downtown Miami. The luxury condominium tower designed by world-renowned firms Arquitectonica and Rockwell Group will rise over 700 feet tall and span 67 stories, defining itself as a focal point within the city. The property offers 259 condominium residences beginning from the 43rd floor to ensure all residents experience picturesque city views of Downtown Miami. The 50th floor amenity suite includes resort-style amenities such as an indoor Sky Lounge, a 60-foot outdoor pool, a state-of-the-art fitness center, a boxing arena, a yoga patio, and a spa suite, with a steam room, salt room and sauna. Additionally, the property boasts a thoughtful co-working space and a spirits tasting room awaits for a refined social experience. JEM Private Residences is slated for completion in Q4 of 2027.

Renderings via Hayes Davidson

For more information about JEM Private Residences or to inquire about purchasing a unit please fill out the form below:

The Lincoln Coconut Grove Launches Sales in Miami's Historic Neighborhood

Coconut Grove, known for its lush greenery and vibrant community, is set to welcome a new residential development that blends modern luxury with historic charm. The Lincoln Coconut Grove has officially launched sales, offering 48 meticulously designed condominiums at 2650 Lincoln Ave. Developed by Element Development and LORE Development Group, in partnership with Leste Group and Opportunity Fundo de Investimento Imobiliário, the project seeks to elevate the standard of boutique living in one of Miami’s most cherished neighborhoods.

The Lincoln offers a variety of floor plans, ranging from one to four bedrooms plus a den, with residences spanning 1,323 to 3,073 square feet. Six penthouses, each approximately 3,000 square feet, feature double-height ceilings and expansive views of Biscayne Bay, Coral Gables, and the Brickell skyline. Prices start at $1.5 million, and sales are managed by ONE Sotheby’s International Realty.

The architectural and interior designs by Paredes Architects, Design Philosophy, and CITE Arquitetura reflect Coconut Grove’s unique character. The building’s façade is inspired by the neighborhood’s iconic banyan trees, with vertical contours and root-like forms creating a blend of aesthetics and practicality. Interiors include kitchens by Snaidero, plumbing fixtures by Brizo, Porcelanosa tiles, and Miele appliances.

The property features a double-height lobby adorned with a bespoke chandelier and a sculptural bronze glass wall. Amenities include a golf simulator, event room, theater, rooftop pool deck with private cabanas, yoga pavilion, dog park and a 2,000-square-foot wellness center with hot and cold plunges, sauna and a steam room.

“The Lincoln reflects the essence of Coconut Grove’s charm while embracing modern living,” said Jorge Rucas, Director of U.S. Real Estate at LORE. “Our vision was to create a residential destination that honors the area’s history and lifestyle while positioning it for the future.”

Situated in Miami’s oldest neighborhood, The Lincoln offers walkable access to Coconut Grove’s vibrant cultural and culinary scene. Nearby attractions include Cocowalk’s high-end shopping, Michelin-recognized restaurants like Ariete and Los Félix, and local favorites such as Sadelle’s and Regatta Grove.

For more information about The Lincoln Coconut Grove or to inquire about purchasing a unit please fill out the form below:

Sales Pass 60% At 902' Tall Okan Tower Anchored by Hilton Miami Bayfront Hotel in Downtown Miami

Downton Miami’s 902’ Okan Tower, anchored by a Hilton Miami Bayfront Hotel, has reached two milestones as sales have surpassed the halfway mark and are now at 60%; in addition, construction has advanced to the 12th floor following the completion of the massive 290,000-square-foot parking podium.

Set to rise 902 feet at top off, the 70-story ultra-modern skyscraper is an architectural gem and among the tallest buildings south of New York. The mixed-use tower is being developed by Okan Group, led by Chairman Bekir Okan. Designed by internationally renowned architecture firm Behar Font & Partners, it is recognized for its fluted sculptured accents and crown.

The Okan Tower complex features a 316-key Hilton Miami Bayfront Hotel, along with 236 condo hotel units managed by Hilton Hotels & Resorts®, 163 Sky Residences, and 64,000 square feet of ‘Class A’ office space. The property enjoys a superb location at 555 North Miami Avenue in the heart of vibrant downtown Miami, within walking distance of Miami Worldcenter and some of the city’s most sought-after cultural, entertainment, dining, and shopping venues.

Buyers have hailed from around the world, including Argentina, Mexico, the United States, Colombia, Turkey, Spain, and Denmark. Construction of the project, led by Okan Construction LLC, is progressing rapidly, with one floor being completed per week. The building is currently at the 12th floor, with work commencing on the hotel level.

Renderings via Okan Tower

For more information about Okan Tower or to inquire about purchasing a unit please fill out the form below:

Rivage Bal Harbour Reveals Its $75 Million 'Mansion in the Sky' Penthouse Collection

Real estate developers Related Group, Rockpoint and Two Roads Development have revealed the ultra-luxury penthouse collection at Rivage Residences Bal Harbour, the first new residential development in over a decade in the exclusive Bal Harbour enclave of Miami Beach.

The three penthouses, priced between $40 million to $75 million, offer a truly opulent living experience, often referred to as a "mansion in the sky." The Ocean Penthouse, spanning over 19,000 square feet and priced at $75 million, boasts breathtaking views of the Biscayne Bay, Miami skyline, and the Atlantic Ocean. The Bay Penthouse, 16,130 square feet for $60 million, offers similarly stunning vistas. The Lower Penthouse, 9,015 square feet for $40 million, also provides a luxurious living space.

These upper penthouses occupy floors 22-25 and feature expansive terraces spanning over 6,000 square feet. These outdoor spaces come equipped with private pools, open-air kitchens, fire pits, and multiple lounge and dining areas for an alfresco-inspired living experience. Additionally, residents will have access to private fitness studios and elevators.

Designed by the renowned architectural firm Skidmore, Owings & Merrill (SOM) in a tropical modernist style, the penthouses at Rivage Residences Bal Harbour offer unmatched luxury living. Residents will also be able to enjoy a myriad of amenities at Rivage, including pools for sunrise and sunset, a fitness center, spa facilities, cabanas, pickleball and padel courts, a theater, business center, library, cocktail lounge, exclusive dining options, dog park, VR golf simulator, and children's playroom.

The unveiling of these penthouses has created quite a buzz in the real estate market, attracting attention from affluent buyers looking for a luxurious and exclusive living experience in Miami Beach's coveted Bal Harbour enclave. With its prime location, stunning views, and unparalleled amenities, Rivage Residences Bal Harbour has truly set a new standard for luxury living in the area.

Renderings via MetaOriginal

For more information about Rivage Residences Bal Harbour or to inquire about purchasing a unit please fill out the form below: