The Allen Morris Company Reveals Lavish Ponce Park Residences Sales Gallery In Coral Gables

The Allen Morris Company has revealed the lavish, newly opened sales gallery for Ponce Park Residences, an ultra-luxury condominium coming to Downtown Coral Gables. The sales gallery highlights the incredible Meyer Davis-designed interiors, offering prospective buyers an exclusive look at the residences and amenities. The sales center itself adds value to Coral Gables, showcasing the lush landscape design by Naturalficial which will be featured not only on the Ponce Park Residences property, but also as part of a $2 million upgrade and improvement commitment by The Allen Morris Company to redevelop the adjacent Ponce Circle Park for the public to enjoy.

The Allen Morris Company, one of the most renown real estate firms in the Southeast U.S., launched the sales of Ponce Park Residences earlier this year. Ponce Park Residences is an ultra-luxury mixed-use, one-of-a-kind boutique condominium community featuring 58 two- to five-bedroom residences. Residences will range in size from 1,900 sq ft to 6,500 sq ft for penthouse residences, and will offer oversized 11’ deep balconies each appointed with a fully loaded Summer Kitchen. Complementing Ponce Park’s residential offerings is a full-service Sky Bar, artisanal café, doorman service and an adjacent Michelin Star restaurant. ONE Sotheby’s International Realty oversees sales which start at $2.4 million.

Located at 3000 Ponce de Leon Blvd., at the intersection of Ponce de Leon Blvd. and University Drive, the eleven-story, 58-residence boutique enclave will also feature 30,000 sq ft of amenities including rooftop pools, jacuzzi, a fully appointed spa, and a fully staffed rooftop bar for residents. The program also includes 25,000 square feet of curated ground floor retail, including a world-renown restaurant that will anchor the project, all a few minutes’ walk from the famed Miracle Mile.

To be located directly adjacent to Ponce Circle Park, the Allen Morris Company will contribute $2 million to help support enhancements and upgrades at the public park which will benefit all Coral Gables residents.

Designed by the globally acclaimed John Cunningham of Zyscovich Architects, with interiors by New York-based Meyer Davis, Ponce Park’s design pays homage to the City’s rich Mediterranean influence, while integrating contemporary elements and every imaginable amenity. Construction is scheduled to begin Q4 2025, with a late 2027 completion date.

“Ponce Park will become a building of timeless elegance”, says W. A. Spencer Morris, President of the Allen Morris Company. “The structure is clad in the finest natural stones, with Venetian plaster accents and custom artisanal metal and wood details throughout, it is truly in a category of its own.”

Ponce Park’s location is truly distinct, set among the pristinely landscaped streets of Coral Gables, the building will be perfectly European, with its interiors designed and curated by the acclaimed New York-based Meyer Davis. Timeless elegance will be Ponce Park’s legacy. Beyond the adjacent Ponce Circle Park, residents will enjoy private serene outdoor retreat areas within the property through thoughtfully designed landscaping.

Additional features of the bespoke residences include 11’-12’ ceilings, private elevators, chef-grade kitchens, Italian wood cabinetry, double waterfall Italian stone countertops and premium appliances, including Sub-Zero, Wolf, and La Cornue. Ponce Park’s smart home technology and cutting-edge automation will be unparalleled, melding artistry with innovation.

“Ponce Park is an iconic expression that will become the new Southern Gateway to Coral Gables. The artful composition, massing detailing, and refined materiality of the building will make it a celebrated and cherished landmark for generations to come,” said John A. Cunningham, Managing Director, of Zyscovich Architects.

“Our vision for Ponce Park was to craft a space that honors the essence of Coral Gables—its lush landscapes, timeless elegance, and vibrant community. Working with a developer who shares our passion for creating timeless, harmonious spaces, we have designed a destination where lush greenery, European-inspired details, and inviting pathways to come together to celebrate community, history, and the art of living beautifully,” adds Nancy Santorelli, Managing Director, Meyer Davis.

Images via Allen Morris Company

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

$6 Billion Mixed-Use Miami Worldcenter Set For Official Grand Opening in Downtown Miami Welcoming New Restaurant And Retail Concepts

After nearly two decades of planning and development, Miami Worldcenter is set to host its official Grand Opening this week as the $6 billion, 27-acre mega-development continues Downtown Miami’s transformation into a vibrant, walkable destination where Miami lives, shops, dines, and plays. A flurry of new openings – from acclaimed restaurants and stylish cafés to retail and lifestyle staples – is bringing new energy to Downtown Miami’s urban core. Chicago’s famed steakhouse Maple & Ash, Earls Kitchen + Bar, and Sweet Paris Cręperie & Café are now open, joined by new tenants including The Spot Barbershop and Starbucks, adding to the project’s dynamic tenant mix that blends global flavors, lifestyle concepts, and everyday conveniences.

Miami Worldcenter was developed by Miami Worldcenter Associates, led by Managing Partners Art Falcone and Nitin Motwani, in partnership with Los Angeles-based CIM Group. Spanning 10 city blocks, 27 acres, in the heart of Downtown Miami, the $6 billion mixed use development blends residential, retail, hospitality, entertainment, and public spaces at the center of the city’s cultural core.

“As one of the largest and most ambitious urban developments in the U.S., Miami Worldcenter is delivering on its promise of creating a true ‘city within a city,’” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “With every new opening – whether it’s a flagship restaurant, boutique shop, or everyday service – we’re bringing our vision of a connected, mixed-use community to life in the heart of Downtown Miami.”

Recently Opened Tenants:

Maple & Ash: The Chicago-based, award-winning steakhouse has debuted its boldest venture yet – a 22,000-square-foot, two-story flagship that blends culinary mastery with unrestrained luxury. 699 NE 1st Avenue

Sweet Paris Cręperie & Café: Known for its ‘art of eating crępes,’ this elegant café serves up sweet and savory crępes, waffles, paninis, and handcrafted cocktails. 851 NE 1st Avenue, #105

Earls Kitchen + Bar: A chef-driven restaurant offering globally inspired dishes, craft cocktails, and a vibrant, welcoming atmosphere. 150 NE 8th Street, #146

The Spot Barbershop: A South Florida favorite since 2001, The Spot brings its signature industrial design, classic bar, and upscale barbershop experience to Miami Worldcenter. This 1,700-square-foot location marks its third in Downtown Miami. 851 NE 2nd Avenue, #124

Starbucks: Serving its signature coffees, teas, and bites, this new café features original murals by local artists Jhonattan and Samantha Arango (Art of Anón), adding a distinct Miami touch to the beloved global brand. 150 NE 8th Street, #147

“Every opening adds to the diversity of options for visitors to Miami Worldcenter who will find great dining, shopping and entertainment in a lively atmosphere which invites guests to linger and fully experience all aspects of this new destination,” said Shaul Kuba, Co-Founder and Principal, CIM Group.

Miami Worldcenter is home to iconic global brands, world-class dining, public art displays, and entertainment for all ages. This pedestrian-oriented corridor offers nearly 300,000 square feet of street-level retail, dining, and lifestyle experiences designed to energize the heart of Downtown Miami.

Anchored by Downtown Miami’s first Apple store, Miami Worldcenter is home to a curated collection of premier retailers including Sephora, Lululemon, Ray-Ban, Lucid Motors, Free People, Savage X Fenty, The Container Store, Posman Books, HźP Sneakers & Streetwear, and The Spot Barbershop. Tenants opening soon include Openbank by Santander, SkinSpirit, Blo Blow Dry Bar, Bijoux et Montres, and Club Studio.

The culinary lineup showcases a diverse mix of global flavors and formats – from signature destinations like Maple & Ash, Sixty Vines, Earls Kitchen + Bar, Sweet Paris Cręperie & Café, and Starbucks, to local favorites including Brasserie Laurel, Chug’s Express, and El Vecino Cigar & Cocktail Bar. Eateries coming soon include the New York-famous Italian staple Serafina, Go Greek Yogurt, and the highly anticipated JUVIA, a beloved Miami favorite known for its rooftop views, striking design, and a fusion of French, Japanese, and Peruvian flavors.

For entertainment, families and visitors alike can enjoy Lucky Strike Bowling and the immersive, multi-sensory Museum of Ice Cream – making Miami Worldcenter a destination for shopping, dining, and play that reflects Miami’s vibrant energy and global appeal.

Miami Worldcenter is planned to bring more than 11,000 residential units to market over the course of the multi-phase development. Several luxury apartment and condominium towers are already completed, with thousands of additional units actively under construction or in planning. On the hospitality front, more than 1,100 hotel rooms are expected across the site, with the citizenM Miami Worldcenter hotel now open and additional hospitality destinations slated to debut in future phases.

As South Florida’s largest transit-oriented development, Miami Worldcenter offers unmatched connectivity with direct access to major expressways, MiamiCentral Station, and Brightline’s high-speed rail linking Downtown Miami to cities across Florida. Integrated with Metrorail, Metromover, Tri-Rail, and the Brickell/Biscayne trolley systems, it provides effortless regional access. Miami Worldcenter’s prime location puts it within walking distance of Museum Park, the Kaseya Center, the Adrienne Arsht Center, and Miami Dade College’s Wolfson Campus, placing it at the heart of Miami’s cultural and entertainment district.

Before & After:

Images via Miami Worldcenter | Before & After via PROFILEmiami

The Residences at Mandarin Oriental, Miami Hits $1 Billion In Sales at 50% Sold

The Residences at Mandarin Oriental, Miami, being developed by Swire Properties and designed by Kohn Pedersen Fox (KPF), has hit $1 billion in sales, with the South Tower now 50% sold, after launching sales last year. The Residences have seen impressive buyer response from across the globe and underscores the appeal of this one-of-a-kind offering, set on the last developable site of Miami’s prestigious Brickell Key.

Swire Properties is also giving a first look at the forthcoming Mandarin Oriental, Miami hotel, soon to become the renowned hospitality brand’s new North American flagship. The hotel will be situated in the North Tower of the development and will also feature additional Residences for sale, which will be launched later this year. The property will feature 100,000 square feet of world-class amenities spread across a lushly landscaped, multi-tiered resort-style podium, with landscapes by Thai firm Shma.

The Residences at Mandarin Oriental, Miami, combines world-class design with the legendary service of Mandarin Oriental Hotel Group and offers the final opportunity to own new development on Miami’s exclusive Brickell Key. The Residences comprise two towers designed by Kohn Pedersen Fox (KPF).

The South Tower, featuring 228 residences, includes interiors envisioned by renowned Parisian Tristan Auer. The Residences’ North Tower will house Mandarin Oriental's new North American flagship hotel along with an additional 66 private and 28 hotel residences. Fortune Development Sales is the exclusive sales and marketing agent for The Residences. Pricing for current availability starts at $4,900,000 with an anticipated completion date of 2030.

Renderings via Binyan Studios

For more information about The Residences at Mandarin Oriental, Miami or to inquire about purchasing a unit please fill out the form below:

Related Group Breaks Ground On Andare Residences Designed by Pininfarina, Set To Be Tallest Residential Tower in Broward County

Leading developer Related Group (Related), in partnership with legendary Italian design house Pininfarina, today celebrated the groundbreaking for Andare Residences Design by Pininfarina (Andare). Following strong deal momentum, including the record-breaking sale of its first penthouse, Andare is now over 50% sold.

Featuring a collection of 163 bespoke residences, the 46-story tower will be the tallest residential structure in Broward County, rising over 540 feet into the Fort Lauderdale skyline. Its newly unveiled “crown jewel” — a $16 million marquee penthouse — will also be the highest residence in Broward County. The residence spans over 6,000 square feet and features a wine room, private theater and uninterrupted, panoramic views of Fort Lauderdale.

“Breaking ground on Andare is an important milestone for both Related and Fort Lauderdale,” said Nick Pérez, President of Related’s Condominium Division. “We’ve spent years getting to know this market and contributing to its transformation, but it's been 20 years since a property of this caliber has risen above Las Olas. With Andare, we’re proud to be writing Downtown’s next chapter, offering an elevated living experience in the heart of the city. This is truly an unparalleled opportunity for luxury buyers to anchor themselves where the best of leisure, culture and commerce converge.”

With over 90 years of experience developing visionary design and timeless beauty, Pininfarina is best known for creating some of the most iconic sports cars and luxury automobiles in history, including classic models from Ferrari, Maserati, Rolls-Royce and many others. At Andare, Pininfarina has translated their expertise and impeccable taste to life in Las Olas, working closely with CFE Architects and Architectural Alliance Landscaping to create a cohesive design inspired by the area’s timeless energy and maritime roots. Andare is instantly recognizable by its distinctive façade, characterized by undulating wraparound balconies, which lend it a flowing, wave-like appearance.

Building upon its globally renowned design legacy, Pininfarina has carved a reputation as one of the leading studios for branded residences worldwide. The studio combines Italian sensibility with local relevance, crafting spaces that prioritize human experience, innovation and elegance. With a multidisciplinary team of architects, industrial designers and mobility experts, the firm brings a holistic approach to the built environment — merging architecture, interior and experience design into a unified expression of place and purpose.

At Andare, this multidimensional design philosophy manifests in a tower that is not only visually striking but also deeply intentional — blending lifestyle, art and technology to create a residential icon for the next generation of Fort Lauderdale living. The thoughtful approach to design is reflected in each of Andare’s residences, which range in size from 1,800 to over 4,300 square feet. Marrying estate and condo lifestyles, the residences feature open-concept living areas; floor-to-ceiling windows; gourmet kitchens with Italian cabinetry and Sub-Zero and Wolf appliances; sprawling spa-inspired bathrooms adorned with floor-to-ceiling tile, frameless glass showers, deep soaking tubs and Hansgrohe plumbing fixtures; the latest smart home technologies and more. Designed to promote indoor-outdoor living, oversized wraparound balconies extend each home’s footprint and overlook Fort Lauderdale’s majestic waterways and the Atlantic Ocean.

“At Pininfarina, we believe that elegance and performance together create timeless style. With Andare, we bring that philosophy to life on Las Olas — crafting a vertical narrative of flowing lines, luminous space and elevated well-being,” said Samuele Sordi, Chief Architect Officer at Pininfarina of America. “This tower is more than a residence: it’s an emotional journey shaped by beauty, community and purpose. We are proud to mark this milestone with Related Group, redefining the Fort Lauderdale skyline with a new icon of coastal sophistication.”

Residents of Andare will have access to over 35,000 square feet of amenities celebrating every facet of urban life. The 10th floor is home to a wide range of offerings that prioritize health and wellness, including a state-of-the-art fitness center, a pickleball court and a wellness spa with dedicated salt, sauna, steam and massage rooms, and hot and cold plunge pools. Live, work and play take center stage on Andare’s 11th floor, which includes a private dining room with a catering kitchen; a Sports Lounge with gaming tables; an Executive Lounge with private conference rooms and a designated resident’s Club Lounge with a Central Bar that provides enchanting ocean views. When residents step outside, they will be met with a true urban oasis: a rooftop resort featuring an outdoor kitchen, a swimming pool, private cabanas, an expansive sun deck, a hot tub and food and beverage services.

Situated just two miles from Las Olas Beach, Andare will offer residents the best of coastal and metropolitan living, providing unobstructed coastal vistas and seamless connectivity to the city’s urban core. The tower is strategically located at the foot of the Fort Lauderdale Riverwalk expansion at Tunnel Top Park, affording ease of access to the Shops of Las Olas and the downtown Riverwalk District. Andare will also be home to a 6,000-square-foot restaurant envisioned by esteemed restaurateur Tim Petrillo, Co-Founder and CEO of The Restaurant People (TRP), located on the tower’s ground floor.

Renderings via ARX Creative

For more information about Andare Residences by Pininfarina or to inquire about purchasing a unit please fill out the form below:

Pura Vida Opens Coconut Grove Flagship Location With New Signature Gelato Concept

Pura Vida Miami, South Florida’s premier all-day cafe and wellness brand, has opened its first flagship location in the heart of the historic Coconut Grove neighborhood. Marking a major milestone for the Miami-born brand, the expansive 6,000-square-foot space at 3000 Grand Avenue is now Pura Vida Miami’s largest outpost yet and introduces the brand’s new gelato concept. This flagship location reflects years of thoughtful growth and intentional evolution, serving as a central hub for the community, where Pura Vida Miami’s signature experience is elevated in every detail—from design and layout to new culinary innovations.

“Our 34th and most stunning location yet, our Coconut Grove flagship brings an elevated design and the exclusive debut of our better-for-you gelato — a true celebration of everything we love. In designing Coconut Grove, we set out to create a space that feels both refined and effortless, where every detail — from the finishes to the flow — reflects the lifestyle that defines Pura Vida Miami and sets the tone for how the brand is evolving visually. Our goal is to cultivate environments that are warm, welcoming, and deeply connected to the communities we serve — and we hope to bring just that to the Coconut Grove neighborhood.” Said Jennifer Horev, Chief Brand Officer of Pura Vida Miami & Horev Hospitality.

As with all Pura Vida Miami locations, wellness goes beyond just nutritious food; it’s about creating an all-encompassing, exceptional dining experience that fuels both body and mind. This flagship location embodies the brand’s ethos with an elevated design, featuring natural stoneware and organic textures throughout—including travertine, Taj Mahal quartzite, and Venetian plaster—alongside custom furnishings and high-end finishes. Woven grass pendants add a soft, natural warmth from above, complementing the raw, tactile materials used throughout the space, while stone walls subtly evoke the raw, sculptural beauty of a Mediterranean grotto. The space is defined by soaring 30-foot ceilings and anchored by a large banyan tree situated at the heart of the store, reinforcing the connection to nature and the neighborhood’s native lush surroundings.

A new Market Display has also debuted at this location, highlighting Pura Vida Miami’s expanding product line—from clean protein bars and wellness-focused snacks to apparel, homeware, and signature scent. Designed by Chief Brand Officer Jennifer Horev, the flagship features an airy, open-floor layout that seamlessly connects indoor and outdoor spaces—an inviting setting where guests can relax and connect at any time of day.

The Coconut Grove Flagship exclusively debuts the brand’s newest concept: Gelato by Pura Vida Miami. Rooted in tradition and developed with the same unwavering dedication to health, wellness, and clean ingredients, this “better-for-you” gelato honors the flavor and texture of traditional Italian gelato—crafted in-house, naturally sweetened with trehalose, entirely gluten-free, and free from refined sugars. Made fresh daily with consciously chosen, high-quality ingredients, every detail is designed with intention, allowing guests to indulge without compromise.

Signature flavors include Salted Pistachio, Chocolate Hazelnut, and Welcome to Miami—inspired by one of Pura Vida Miami’s beloved smoothies—served in house-made gluten-free waffle cones with pure, homemade chocolate. For those on the go, these signature flavors, along with Fior di Vanilla, will also be available in to-go pints, offering a taste of Gelato by Pura Vida Miami at any time of day.

The Coconut Grove neighborhood can anticipate Pura Vida Miami’s thoughtfully curated menu, featuring its famed All-Day Breakfast offerings—highlighting a range of avocado toasts and pasture-raised eggs, each paired perfectly with artisanal coffee, matcha drinks, and teas. Clean, chef-driven salads can be customized with high-quality proteins, alongside colorful wraps, sandwiches, and bowls with diverse bases and proteins to accommodate various dietary preferences. An array of superfood smoothies, cold-pressed juices, wellness shots, açaí bowls, and fresh-baked goods further enhance the menu, ensuring there’s something for everyone—whether vegan, vegetarian, or gluten-free. With the launch of its flagship in Coconut Grove, Pura Vida Miami delivers its "Health is Happiness" philosophy that seamlessly blends nutritious dining with a vibrant, community-driven atmosphere.

“We are incredibly excited to debut our flagship location in Coconut Grove, a milestone that marks the evolution of not only our brand but also the city of Miami. We carefully chose this historic neighborhood as it is one of the fastest-growing areas of the city, and we found an incredible opportunity to be part of its transformation. Not only will this be our largest location to date, but it will also introduce our new gelato concept—a project we’ve worked tirelessly to perfect. This flagship will serve as the heartbeat of the brand, seamlessly blending our values of health, community, and sustainability into a space where friends and neighbors can gather, nourish themselves, and enjoy an elevated dining experience.” Said Omer Horev, CEO and Founder of Pura Vida Miami & Horev Hospitality.

Founded by husband-and-wife duo Omer and Jennifer Horev, the brand was born out of their need for healthy, all-day dining options—a vision that has since fueled its expansion to over 30 locations across South Florida and into New York. What started as a small passion project has transformed into a wellness empire, redefining how communities view healthy dining—prioritizing high-quality ingredients, accessibility, and an environment that supports a balanced lifestyle—all while creating over 1,500 careers across South Florida and most recently, New York. Since opening in 2012, Pura Vida Miami has grown from a single café in the South of Fifth neighborhood into a leader in South Florida’s health and wellness space.

Images via Pura Vida

The Ritz-Carlton Key Biscayne Launches $100 Million Full-Scale Renovation of Iconic Beachfront Resort

Poised between the cosmopolitan grace of Miami and the natural beauty of the Atlantic, The Ritz-Carlton Key Biscayne, Miami, is embarking on a new chapter. Nearly 25 years since Gencom co-developed the asset, the iconic resort has begun a transformational improvement plan totaling over $100 million, ushering in a new era of coastal luxury. Following completion of the planned improvements, the property is slated to reopen its doors in December 2025.

Located at 455 Grand Bay Drive, the 275,000-square-foot resort spans 17 acres on the barrier island of Key Biscayne. Rising 13 stories above the shoreline, the 420-key hotel features 600 feet of pristine beach access. Since its debut in 2001, the resort has become a premier destination in Miami’s luxury hospitality landscape. The upcoming transformation marks the first comprehensive renovation of this iconic property since its inception.

Spearheaded by design architect Hart Howerton, with public spaces envisioned by Design Agency and guestrooms redesigned by Chapi Chapo Design, the renovation’s vision is deeply rooted in the resort’s island identity while elevating its refined sense of place. Each space will harmonize with the surrounding coastal landscape, incorporating soft natural tones, lush greenery, and textures that evoke the sand and seas.

“With this transformative renovation, we are honoring the property’s legacy and doubling down on our 25-year commitment to the Key Biscayne community,” said Karim Alibhai, Founder and Principal of Gencom. “These enhancements will allow the property to remain competitive in the region’s increasingly sophisticated hospitality landscape, while further elevating Key Biscayne as a premier destination.”

As a visual cue for what is to come, the resort's exterior will be introduced with a fresh, modern color palette that will reflect the surrounding sand and sea. Inside, the lobby will undergo a complete transformation, anchored by a new East-facing glass façade that will seamlessly merge the exterior’s coastal landscape with layered natural textures and warm interior tones. The newly redesigned arrival experience will embrace the island’s tropical elegance, evoking a sense of calm and wonder.

The Spa at The Ritz-Carlton Key Biscayne, Miami, will also undergo a complete redesign to reflect the serenity of its surroundings. Drawing inspiration from the island’s native elements, mangroves, limestone, and the ocean, it will reemerge as a sanctuary for rejuvenation and renewal.

The culinary experience will also evolve with the introduction of a completely refreshed signature restaurant, offering guests and locals bold flavors and locally inspired ingredients. In addition to the new dining offering, The Ritz-Carlton Key Biscayne, Miami will continue to welcome guests to its six long-standing dining venues, including RUMBAR, Cantina Beach, Dune, Scoop, Stefano’s, and Key Pantry. Each space will be refreshed to enhance the overall experience, ensuring continuity and charm that aesthetically aligns with the resort’s broader transformation.

Beyond the culinary experience, enhancements will extend across the property’s impressive suite of amenities. Guests will enjoy an upgraded experience across the swimming pools, fitness center, The Club Lounge, and the Cliff Drysdale Tennis Center, the largest tennis facilities of any Ritz-Carlton resort. The hotel also boasts 37,000 square feet of indoor and outdoor meeting and event space, making it a favorite among leisure travelers and business groups alike.

“The transformation represents a remarkable investment in the property’s future that will create an elevated hospitality experience for new and returning guests,” said Alessandro Colantonio, Executive Vice President and Chief Investment Officer at Gencom. “With this latest capital investment, we remain committed to ensuring that this iconic resort continues to set the standard for luxury in Miami.”

The property is a cornerstone of Gencom’s prestigious portfolio of branded properties, which includes The Ritz-Carlton Bachelor Gulch, The Ritz-Carlton New Orleans, The Ritz-Carlton Philadelphia, The St. Regis Chicago, and Nekajui, a Ritz-Carlton Reserve.

Today, Gencom’s portfolio spans nearly $8 billion in assets under management and under development and includes 23 owned assets with more than 6,000 hotel rooms around the world. Through its operating affiliates Pyramid Global Hospitality and Convene, Gencom oversees over 200 properties and more than 2 million square feet of premium meeting, event, and flexible office space.

Exterior Renderings via Hart Howerton | Interior Renderings via Design Agency

Celestial Fund Closes $35 Million Bespoke Debt Package For Spec Home Portfolio

Celestial Fund, under the leadership of Founder and CEO Eugene Rutenberg, has closed on a $35 million bespoke debt package, structured for the recapitalization and refinancing of an exceptional three-property Spec Home portfolio, developed by Cicardo Development — a premier merchant builder based in South Florida.

The portfolio comprises two ultra-prime waterfront estates situated on trophy lots in Fort Lauderdale and a third extraordinary residence located in the prestigious enclave of Harbour Beach in Boca Raton, Florida.

Over the past 24 months, Celestial Fund has firmly cemented its reputation as a dominant force in luxury real estate finance, having orchestrated over $125 million in Spec Home transactions across South Florida. Through its Capital Markets Consulting platform, the firm has additionally facilitated another $100 million in successful capital placements. Celestial Fund has a stable of capital from a curated group of prominent family offices, financing Senior Loans secured by premier Luxury Spec Home developments and operates a parallel investment vehicle dedicated to Preferred Equity positions secured by high-value Multifamily and Commercial assets nationwide.

Eugene Rutenberg, with over 15 years of distinguished experience as both a Lender and Capital Advisor Consultant, has completed in excess of $1 Billion in complex, structured real estate financings throughout his career.

The Portfolio: A New Benchmark in Ultra-Luxury Residential Development

1400 West Lake Drive, Fort Lauderdale, FL

Nestled on an unparalleled point lot within the exclusive Harbor Beach peninsula, this architecturally significant modern estate exemplifies the pinnacle of sophisticated waterfront living. Offering approximately 10,500 sq ft of refined interiors and over 15,000 sq ft of total luxury footprint, the residence boasts an extraordinary 250+ feet of deep-water dockage — ideal for superyachts and multiple vessels alike — with sweeping, unobstructed vistas of Lake Sylvan and the Fort Lauderdale skyline. Meticulously crafted with imported Italian finishes across three levels, amenities include seven stately bedrooms, a world-class wellness center featuring a gym, sauna, and steam showers, an executive office, and a stunning rooftop sky lounge complete with a custom-designed bar. Targeted for completion in January 2026.

2880 NE 28th Street, Fort Lauderdale, FL

This masterfully designed three-story waterfront sanctuary redefines modern resort living within Coral Ridge’s most sought-after community. Commanding an oversized Southeast-facing lot with 153 feet of no-wake zone water frontage, this Zen-inspired private compound offers an exceptional 13,000 sq ft of total living space. The residence comprises six bedrooms, eight designer baths, a state-of-the-art Club Room, home gym, spa with sauna and cold plunge pool, and a top-floor media entertainment suite crowned by an expansive rooftop sky lounge. Featuring both a chef’s and butler’s kitchen, dedicated crew/staff quarters, and a 4-car gallery garage. Ready for immediate occupancy May 30, 2025.

681 Golden Harbour Drive, Boca Raton, FL

Situated on an irreplaceable dream lot overlooking the pristine waters of Lake Wyman, this resort-inspired private oasis is encircled by lush, protected preserve lands, ensuring unparalleled privacy and a natural symphony of wildlife. Offering 11,173 sq ft of exquisitely curated total living space, the residence hosts six bedrooms, seven baths, a sumptuous Club Room, rooftop entertainment area, elevator access, and a 4-car collector’s garage. Boasting 117 feet of yacht-ready water frontage in a no-wake zone, this bespoke masterpiece will be delivered May 30, 2025.

Signature Capital Placements: Design 41 Miami & One Park Place Office in Boca Raton, FL.

A crowning achievement for Celestial was its instrumental role in arranging the $45.30 million financing package for the iconic Design 41 project — a 47,000 sq ft “Class A” mixed-use jewel located at the very heart of Miami’s world-renowned Design District. As one of the tallest and most architecturally distinctive structures in the immediate area, Design 41 features 60+ private, secure indoor parking spaces, a breathtaking oversized penthouse patio, and a roster of prestigious tenants including BSH Group (BOSCH, Thermador, Gaggenau), Hastens Beds, BOND No. 9, and Breitling. Designed by internationally acclaimed architect Enrique Norten of TEN Arquitectos, the project integrates cutting-edge Green Building technologies and proudly holds a LEED Silver Certification. Conveniently situated just 10 minutes from Miami International Airport, Design 41 epitomizes the fusion of visionary architecture, sustainable innovation, and enduring luxury.

Another of Celestial’s most recent placements is the $16.30 million financing of a 240,000 sq ft Class A office building called One Park Place in Boca Raton, FL.

Connect with Celestial Fund:

ABH Developer Group Announces Sellout of Aire Residences and Launches New Boutique Project in Bay Harbor Islands

ABH Developer Group, led by Alexis Bogomolni and Valentín Martínez Carbonell, from Maca Group, continues to shape Bay Harbor’s luxury real estate market with the near sellout of Aire Residences and the unveiling of its next development: Aire Residences Boutique.

Aire Residences, a waterfront project in the heart of Bay Harbor Islands, is nearing completion. All residences have sold out—except for one final full-floor unit, a 6,431-square-foot residence including a private 3,000-square-foot terrace and a 32-foot split marina dock. The last remaining home offers one of the most exclusive living opportunities in the area, with direct canal access and unmatched privacy.

“Everything has unfolded exactly as we envisioned from the beginning,” said the development team at ABH. “It’s the kind of market response that fuels our ambition to keep building and innovating.”

As demand surges for low-density, design-forward properties, developers across South Florida are shifting toward boutique-scale projects tailored to post-pandemic preferences for privacy, space, and location.

Building on the momentum of Aire Residences, ABH Developer Group is proud to announce the launch of its newest project: Aire Residences Boutique. What makes the Aire brand consistent is its ability to deliver exceptional luxury and exclusivity—without the excessive monthly costs typically associated with high-end developments, a core focus of Valentín Martínez Carbonell’s vision for smarter, more sustainable luxury living. Both Aire Residences and Aire Residences Boutique are just a short walk from the world-renowned Bal Harbour Shops, placing residents steps away from luxury retail, fine dining, and vibrant cultural experiences.

Located at 9950 East Bay Harbor Drive, just a few blocks inland from the waterfront, the project introduces a more intimate collection of only eight luxury residences, featuring three- and four-bedroom layouts starting at 1,400 square feet, with prices beginning at $1.8 million.

With 60% of units already under contract, the project has generated early traction well ahead of its scheduled groundbreaking in nine months.

“Luxury buyers in South Florida aren’t just chasing penthouses—they want homes that offer the feel of a private residence in the sky,” said Valentín Martínez Carbonell.

Though situated on a non-waterfront parcel, the site offers close proximity to top schools, dining, and walkable neighborhood amenities—making it a compelling option for buyers who prioritize location and lifestyle over volume.

In addition to its work in Bay Harbor, ABH Developer Group is the largest stakeholder in Wynwood Norte, with over 1,500 residential units in the development pipeline, signaling a long-term investment in reshaping Miami’s evolving urban core.

Across every development under the Aire brand, ABH continues to deliver its signature blend of refined design, smart layouts, and efficient building operations—providing buyers with luxury living without the inflated maintenance fees often seen in high-end condominiums. With the launch of Aire Residences Boutique, ABH reaffirms its commitment to setting a new standard for modern, elegant living in South Florida’s most sought-after neighborhoods.

ABH Developer Group is a South Florida-based real estate development firm known for its focus on boutique-scale luxury projects. With notable holdings across Bay Harbor and Wynwood Norte, ABH combines visionary design with deep market insight to deliver properties that balance exclusivity, livability, and long-term value.

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Prosper Group and Forte Development Reveal 80-Story Brickell Tower Designed by ODP Architects

Prosper Group and Forte Development have unveiled plans for an ambitious 80-story mixed-use tower designed by ODP Architects at 1040 South Miami Avenue. This striking development, set to rise 945 feet above the skyline, will blend residential, hotel, and retail spaces into a dynamic urban hub. The proposal, submitted under the Miami-Dade County Rapid Transit Zone (RTZ) program, aims to create a vibrant space in close proximity to the Brickell Metromover station, enhancing accessibility for residents and visitors alike. The site was previously slated for a Virgin Hotel project and covers 0.6 acres.

Designed by ODP Architects, the tower will feature 250 condominium units and 48 condo-hotel properties, alongside 100 hotel rooms and 322 parking spaces. Complementing the living spaces will be approximately 1,900 square feet of restaurant space, catering to both residents and patrons of the bustling Brickell area. The developers have integrated a range of modern amenities into the building's plans, such as on-demand IV infusions, cold plunge pools, red light therapy, and infrared saunas.

Prosper Group, headed by Jay Roberts, and Forte Development, led by Marius Fortelni, are collaborating under the entity name 1040 S Miami Development LLC. In a statement regarding the project, the developers emphasized their commitment to enhancing the local environment, noting that the tower's mixed-use concept supports the "live, work, and play" ethos that defines Brickell.

By leveraging the advantages provided by the RTZ framework, the developers are able to sidestep traditional City of Miami zoning regulations, allowing for a streamlined approval process. Although detailed construction timelines are still under wraps, the project marks a significant step forward for urban development in the rapidly evolving Brickell area.

Renderings via Quantum Space Studio & Prosper Group

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Hollywood Moon Launches Sales of Limited Collection Of 48 Residences In Hollywood Beach

Hollywood Moon, a boutique residential offering by next-generation real estate development firm Unilog Group, is poised to redefine oceanfront living in the heart of Hollywood Beach. Introducing a limited collection of 48 thoughtfully crafted residences ranging from one- to three-bedrooms, Hollywood Moon delivers an elevated blend of design, serenity, and modern coastal sophistication across two sculptural towers overlooking both the Atlantic Ocean and Intracoastal Waterway.

Developed by Unilog Group and brought to life in collaboration with Adache Group Architects, interior designer Carla Guilhem, and sales and marketing firm Powered by DMT, Hollywood Moon is a highly curated project that speaks to a new generation of buyers. Thoughtfully designed to reflect the rhythm of the tides, the project blends timeless architecture, immersive living, and seamless indoor-outdoor flow.

“This project is the physical manifestation of everything we believe in at Unilog,” said Patrick Giannini of Unilog Group. “Hollywood Moon embodies our people-first approach. It is shaped from the inside out with collaboration, purpose, and soul. It’s a space where thoughtful design meets real human connection where you can feel the magic from the moment you arrive.”

The residences range from approximately 1,100 to 2,250 square feet and feature expansive wraparound balconies, Italian-crafted kitchens with Sub-Zero and Wolf appliances, spa-inspired bathrooms, and floor-to-ceiling windows that maximize natural light and views. Pricing starts at $1.1 million.

“This project is all about the glass – the floor-to-ceiling windows and doors blur the boundaries between indoors and out, offering unobstructed views of the water and lush surroundings,” said Daniel Adache, CEO, Adache Group Architects. “The glass doesn’t just frame the landscape – it reflects it. Inspired by the colors of the ocean and rooted in a tropical modern design language, we used a mix of glass and warm woods to create a contemporary, nature-infused retreat that feels both elevated and organic.”

The development includes over 20,000 square feet of curated amenities, including an infinity-edge oceanfront pool, wellness spa with steam, sauna and salon, an elevated fitness center with panoramic views, and an open-air Moon Lounge for golden-hour cocktails under the stars. A private clubhouse and business center with a chef’s kitchen, a private dining space, and work areas equipped with conference capabilities offer residents a place to both relax and connect.

“We drew inspiration from the natural beauty of the site—particularly the sunrise, sunset, and the ever-present water,” said Carla Guilhem, Founder of Carla Guilhem Interior Design. “Our goal was to create a sense of balance by bringing the outside in—reflecting the surrounding light and colors through natural materials, textures, and tones that make the interior feel as organic and serene as the landscape itself.”

Perfectly positioned between Miami Beach, Fort Lauderdale, and Sunny Isles, Hollywood Moon offers the privacy of a true retreat with the convenience of a central location. The limited collection of residences creates a sense of exclusivity designed for those who prioritize intentional living, elevated design, and a lifestyle rooted in both tranquility and connection.

“Hollywood Moon checks every box for today’s discerning buyers—location, lifestyle, and limited inventory,” said Alyssa Soto, Co-Founder of Powered by DMT. “Opportunities with this level of design and access to both the ocean and Intracoastal are incredibly rare. We anticipate strong interest from both local and international buyers who recognize the long-term value of a property like this.”

Set to break ground in Q4 2025, with an expected completion in Q4 2027, Hollywood Moon ushers in a new era of people-first luxury, rooted in collaboration and crafted to elevate everyday living through thoughtful design, intuitive amenities, and a deep connection to place.

Renderings via Binyan Studios

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