Oceanfront Condo At Continuum South Beach Closes For Record $2,400 Per Foot At $4.2 Million

Unit 2607 at Continuum South Beach has sold for a record setting highest price per square foot paid for a 2 bedroom unit. Dina Goldentayer of Douglas Elliman represented the seller, Never Again Ventures, LLC in the $4.2 million transaction which sold to a buyer from Connecticut for $2,400 per foot. Designed by a top NYC interior design firm using only the best materials throughout, this direct oceanfront unit was completely gutted and rebuilt, including new plumbing, HVAC, and electrical systems. This 1,800 SF 2 bedroom 2.5 bathroom residence features 9" wide white oak flooring, custom Boffi kitchen & baths, fully detailed Poliform closets, digital automation powered by Savant Home and Lutron Lighting. The master bath, clad in slabs of Statuary Extra marble is a work of art that will leave you speechless. Direct ocean views encompass the unit from terrace access in each room . The prestigious Continuum compound offers resort-style amenities including two lagoon pools, lap pool, full-service beach club, 3 tennis courts, three-story fitness center, oceanfront restaurant, valet, and a completely private and secured 13 acre setting. The unit was first listed for $4.395 million.

PARAMOUNT Miami Worldcenter Receives TCO As Tower Powers Towards Completion

PARAMOUNT Miami Worldcenter has received its TCO as the $500 million, 60-story tower is powering towards completion with closings expected to commence in the coming weeks. The residential tower features 569-units which start at $885,000. The tower is 90% sold with buyers representing 56 countries. PARAMOUNT Worldcenter features more than 40 amenities including resort style pool complete with floating pods, tennis courts, soccer pitch, boxing studio, basketball court, golf simulator, state-of-the-art fitness center, Sky Observatory, Tai Chi deck, and a rooftop entertainment deck 60 stories above the Miami skyline.PARAMOUNT Miami Worldcenter is being developed by Dan Kodsi with Art Falcone and Nitin Motwani. PARAMOUNT Miami Worldcenter is the luxury residential condo tower that is part of the larger $2 billion, 30-acre Miami Worldcenter initiative that will transform Miami's urban core via world-class high-street retail concept with shopping, dining, entertainment, hospitality, office space, a Marriott Marquis Miami Worldcenter Hotel & Expo Center, apartment rentals, amongst others.

ROVR Development Gearing Up To Break Ground On Grand Station Tower In Downtown Miami This Year

ROVR Development, led by Oscar Rodriguez and Ricardo Vadia, is gearing up to break ground on Grand Station Tower at 40 NW 3rd Street in Downtown Miami after first applying for construction permits in March 2018. Grand Station will rise 31-stories, 322’, and will feature 300 apartment residences and 5,000 SF of retail. The project will also expand the Courthouse Center Garage with an additional 350 parking spaces and the tower will rise over the newly built portion. The developers have set-up Grand Station Partners and plan to launch a public-private partnership with Miami Parking Authority. The project is expected to cost $70 million to develop with Ortega Construction as the general contractor. Grand Station Partners has a 99-year land lease on the site with an option to extend an additional 50 years.

The Perkins + Will-Designed Kenect Miami Revealed At Miami Worldcenter

The Chicago-based Akara Partners has revealed their plans for Kenect Miami at Miami Worldcenter. The Perkins + Will and Stantec-designed tower will feature two towers, one rising 39-stories, 410’, and a second rising 79-stories, 810’. The 39-story tower will be built first and will feature micro-units with a unit count of 450 residences and 436,258 SF of total development. The 79-story tower will feature 468 larger units. In total Kenect Miami will bring 918 residential units, 16,000 SF of retail and 1,100,000 SF of floor area. The property will also feature landscape architecture by Savino & Miller Design Studio. The proposal is currently submitted to Miami’s Urban Development Review Board.

The Choeff Levy Fischman-Designed 224 Bal Bay Drive Breaks Records In Bal Harbour With $24 Million Sale

224 Bal Bay Drive has closed for $24 million after being listed on February 8, 2019 for $24.95 million with Dina Goldentayer of Douglas Elliman. The home was on the market less than 5 months before closing to an undisclosed buyer represented by Sandra Debuire of Coldwell Banker. This represents the highest sale ever recorded in Bal Harbour, Florida for a single-family home, 182 Bal Bay Drive previously held the record when closed for $17.5M in 2013.

Designed by award-winning architects, Choeff Levy Fischman, with interiors by designer Deborah Wecselman, the 11,700 SF modern home has 100’ of water frontage and unique to the area, a 1,433 SF rooftop space that is solar-panel ready.

The luxurious home features 8 bedrooms and 9 bathrooms along with a media room, lounge, multi-purpose room, a master bedroom suite with two large terraces and on one of the terraces, its own outdoor shower, a large indoor gym, elevator and 50’ infinity-edge lap pool with bright blue mosaic tile overflows into a reflective pond and connects to a smaller shallow splash pool. Lush landscape surrounds a covered terrace with firepit, reflecting ponds, floating stepping stones, and an outdoor dining area, with full kitchen and a cabana bath. The roof is also an ideal space for entertaining, and has been designed to include an elevated wooden deck, a custom built-in bar with tropical wood finish and custom built-in seating.

Lil Pump Drops $4.6 Million On LF Development's 1510 Bay Drive On Miami Beach

Rapper Lil Pump has dropped $4.89 million on LF Development’s project at 1510 Bay Dr. Miami Beach, FL which was completed in April and listed with Luis Dominguez and Karl Hueck of Douglas Elliman. According to the deed filed last Wednesday, Gazzy Garcia also known as rapper “Lil Pump” known for his “Gucci Gang” song is the buyer of the Miami Beach home represented by Luisa Taylor of The Agency Collective. LF Development is the same development company behind the Miami Beach property sold to Hassan Whiteside of the Miami Heat.

Located on Bay Drive in Miami Beach the 5,100 SF home features 5 bedrooms and 7bathrooms overlooking Biscayne bay views and includes a 3rd floor rooftop terrace with sunset views located on Normandy Island. The home features luxurious textures, exceptional finishes and one-of a-kind design bringing soul to the open living space. Outside offers a a completed automated LED lit pool and spa with stunning landscaping inspired by Raymond Jungles.

Magic City Innovation District Set To Transform Little Haiti After Receiving Final Approval

Magic City Innovation District (MCID), a 17.7-acre Innovation District in Miami’s Little Haiti and Little River neighborhoods, has received a unanimous final approval from the Miami City Commission. MCID spans 6 city blocks and intends to redevelop the Little Haiti and Little River neighborhoods to create a walkable, campus-like neighborhood where individuals from all demographic backgrounds can enjoy a high-quality live, work, play lifestyle. With an emphasis on technology, sustainability, health and wellness and art and entertainment, MCID will contribute to the economic vitality of the area and enhance the appeal of the community.

Renovations and construction commenced in August 2018 on 17 of MCID’s 21 commercial buildings. The project's first phase of commercial development features 200,000 SF of leasable space spread through several modernized warehouses. Designs for the commercial spaces, which range from 300 to 14,000 SF, are spearheaded by a variety of local design firms, including McKENZIE and ELM Architects. MCID anticipates being ready to receive office, retail and other commercial tenants as early as September 2018. Metro 1 is overseeing lleasing efforts for the 17 spaces, geared toward creative-style tenants that align and shape MCID’s atmosphere and further promote foot and auto traffic throughout the neighborhood. The developers will also contribute $31 million to the Little Haiti Revitalization Trust which will be overseen by the city

When complete, the Magic City Innovation District Will feature 3.8 acres of public civic space, 2.18 acres of landscaped pedestrian promenade dubbed the Promenade du Grand Bois, 2,630 residential units, 1,987,686 SF of office, 101,669 SF of expo space, 432 hotel rooms, 344,538 SF of retail, and 6,081 parking spaces. The first 4 tenants to commit to MCID were revealed in Sprinf 2019 including Diana Lowenstein Gallery, Manmar Entertainment (marketing), Ecovie (recycling start-up), and COOL Creative (advertising).

One Thousand Museum Residences By Zaha Hadid Announces Major Milestone As The Ultra-Luxury Tower Receives TCO

The time Miami has been waiting for has arrived. Developers Louis Birdman, Gilberto Bomeny, Gregg Covin and Kevin Venger, have announced that One Thousand Museum Residences by Zaha Hadid Architects has obtained its temporary certificate of occupancy (TCO) indicating the building is now ready for occupancy and closings can commence immediately.

“We could not be more proud of bringing Zaha Hadid’s vision to life and her legacy to Miami,” says Birdman, co-developer. “This tower represents the peak of architecture and design, and will completely surpass every expectation of our homeowners.”

The 62-story tower has already become an iconic Miami landmark, its striking exoskeleton design an identifier for Downtown and the city’s cultural nucleus. Its revolutionary design is recognized as one of the world’s most challenging architectural projects to date, the complex construction was overseen by Plaza Construction.

Residences are available for immediate occupancy, including half-floor plans starting at $5.8 million and full-floor residences to over $24 million. This summer, a curated collection of turnkey residences will come to market by international design houses of Artefacto, B&B Italia, Roche Bobois, Meridiani, Luxury Living Group and Morada Haute Furniture Design, with more turnkey units to be unveiled after the summer.

The residential experience and prestige of the tower is amplified by unrivaled amenities, including a private roof-top helipad, indoor-outdoor 1KM wellness center with gym, yoga facilities, 8 Juice Bar fueled by Raw Republic, relaxation pods and private rooms for spa services; a Sky Lounge for dining and events with seasonal menus by celebrated Chef Mame Sow, Director of Culinary; an on-premise bank vault; nearby Museum Beach a private Beach Club; access to a house car service; multimedia theater and more.

Residents will also become members of an exclusive partnership with Haute Living new Members Only App which will offer One Thousand Museum residents to exclusive access to VIP cultural, fashion, sporting and musical events in Miami and around the world. The final element rounding out the seamless, luxury lifestyle experience is the services. One Thousand Museum is the first residential project to partner with Forbes Travel Guide to set service standards for the building and train all staff in accordance with their Five-Star ratings system. The building also offers a Curator of Hospitality to anticipate homeowners’ needs on- and offsite.

Aston Martin Residences & Coastal Construction Set For Massive 1,400 Truck 30-Hour Concrete Pour

Construction at Aston Martin Residences is about to shift into the next gear as G&G Business Developments and Coastal Construction are set for a massive concrete pour. The 30-hour pour will require more than 1,400 concrete trucks as construction teams will pour the foundation for the highly-anticipated Aston Martin Residences in Downtown Miami.

On Friday, June 28 at 9:00 p.m., approximately 14,000 cubic yards of concrete and a team of 100+ workers will lay the foundation for the 69-story ultra-luxurious tower located at 300 Biscayne Blvd. Set to rise 818’, the luxury branded residences will be the tallest residential building south of New York upon completion in 2022.

German Coto, CEO of G&G Business Developments said: “I’m delighted with the progress in terms of the construction schedule and also sales. The feedback we’re receiving from purchasers is extremely positive, and their enthusiasm is reinforcing our decision to build quality into every stage of the process at the Aston Martin Residences.”

“We are incredibly excited for this construction milestone and to be a part of developing this extraordinary tower as the first real estate project for Aston Martin,” said Tom Murphy, Jr., chairman and CEO of Coastal Construction Group. “We look forward to bringing to life this striking building as it shapes the new skyline of Miami’s iconic downtown waterfront.”

The one-of-a-kind Aston Martin-branded tower will offer 391 lavish residences, with a variety of floorplans consisting of one to five bedrooms and penthouses ranging from 8,977-10,463 SF. The iconic tower is the first for Aston Martin and will feature 42,275 SF of sky amenities across four floors, including a double-level fitness centre overlooking the ocean, infinity pool, spinning studio, boxing gym, virtual golf room, art gallery, two cinemas, as well as a full-service spa, beauty salon and barber shop.

Pricing starts at $700,000 and range up to $8,800,000 for the "River and Panoramic Residences" part of the building and $14,000,000 to $50,000,000 for the "Penthouses." Sales are being overseen by Cervera Real Estate.

Newgard Development & Crescent Heights Propose Natiivo Tower In Downtown Miami "Powered By AirBNB"

Harvey Hernandez’s Newgard Development’s NGD Homesharing and Russell Galbut’s Crescent Heights have proposed Natiivo, a 48-story tower planned in Downtown Miami next to Miami WorldCenter. The project, which is designed by Arquitectonica with interiors by Urban Robot, will be “powered by AirBNB” and will feature units specially designed to operate short term rentals. Natiivo will feature 604 units, 400 of which will be sold to investors and 200 will be held by the developers to rent out via short term rentals. Residences are expected to be priced from $300,000 to $1.2 million with the sales overseen by Cervera Real Estate. Natiivo has partnered with AirBNB, a first for Miami, and will have the structure to operate the residences on behalf of owners. Check-ins will be keyless through an app and the building will also offer on-site dog walking services. The structure is expected to look like a 25% fee for management and 3% AirBNB listing fee. The development partnership is also planning Niido, another AirBNB homesharing tower in Edgewater.