Blue Jay Capital Gearing Up To Break Ground On Virgin Hotels Brickell Tower With Co-Living

Blue Jay Capital is getting ready to break ground on a 40-story hotel project at 1040 S. Miami Ave. which will be Miami’s first Virgin Hotels location with a second location planned for South Beach. Virgin Hotels Brickell Tower is designed by the Atlanta-based BLUR Workshop. The Brickell property will feature 250 hotel rooms, 150 residential units, a 3-story terraced rooftop lounge with pool, library, coffee shop, beer garden, live music venue, spa, restaurant, bar, social club and 15,000 SF of meeting and event space. The residential component will offer micro units, some of which will be under 400 SF, as well as co-living units with 3-4 bedrooms. The hotel and residential components will share the amenities. Groundbreaking is expected for 2020 with an expected completion date in 2023.

Related Group Reveals The Gallery On The River Designed By SR Architects Proposed For Overtown

Related Group has revealed The Gallery On The River, a 12-story affordable and workforce housing project which they have recently proposed for Miami’s Overtown neighborhood. The proposal, which was designed by SR Architects, has been submitted to the Urban Development Review Board (UDRB) for review on September 18 and will be built on county-owned land across the street from the popular Garcia’s, Casablanca and Seaspice riverfront restaurants. The Gallery On The River will offer 160 units which will be offered at affordable price points, 11 of which will be set aside for public housing. The project will also bring a 4-story parking garage with 304 parking spaces. Related Group will pay $40,000 per year rent for 75 years with 4% annual rent increases in addition to a $400,000 one-time payment.

Shoma Group Breaks Ground On The Saladino Design Studios-Designed Ten30 Condo On Miami Beach

Shoma Group has recently broken ground on Ten30 condo in Miami Beach with interior design by Saladino Design Studios. Ten30 is located at 1030 15th Street in Miami Beach. When complete the project will rise 4-story, with 70,354 SF of total development and will feature 43 units and a 6,000 SF rooftop deck with a rosé-colored pool, lounge and outdoor yoga area. Ten30 residences offers studios, one- and two-bedroom units ranging in size from 626 SF up to 1,196 SF. All units have covered parking and balconies and some have a spiral staircase that leads to a private terrace. Pricing starts in the $400,000’s.

“We’re creating a unique residential experience that combines Mid-Century Palm Springs, industrial New York City and tropical Miami,” said Sean Saladino, co-founder, Saladino Design Studios. “When completed, Ten30 will be an oasis in this highly coveted quiet part of South Beach.”

 For Ten30, Saladino Design Studios is designing all the common areas including the lobby, lounge, outdoor areas, unit corridors and rooftop deck. The building will be engulfed in greenery, natural woods and finished concrete throughout. The outdoor courtyard by the building’s entrance will have a lounge area and a living green wall. The lobby interiors will boast colorful, eclectic, Mid-Century stylish furniture and artwork that’s set against the more industrial brick walls and custom wood ceiling paneling. The 6,000 SF rooftop deck will feature a rosé-colored pool with teak wood pergola and an outdoor yoga area surrounded by cacti and lush greenery. A quaint lounge next to the pool is surrounded by windows with minimalist furnishings and concrete panels.

“We came across one of Saladino Design Studios’ residential interior design projects in Midtown Miami and immediately thought that they were the right fit for Ten30,” said Shoma Group President Masoud Shojaee. “We liked their energy, creativity and style and the design vision they’re bringing to the project is unpretentious yet elegant and inviting.”

Ten30 is expected to be completed in late 2020.

PMG Locks Down $161.5 Million Construction Loan For 400 Biscayne

PMG and Greybrook Realty Partners have locked down a $161.5 million construction loan for the development of 400 Biscayne. The financing was provided by Centennial Bank and Square Mile Capital, the same group that provided the loan for PMG’s neighboring and completed project X Miami. Andrew Warman, Jonathan Blank and Lowell Plotkin led the PMG to securing the financing with Luis Flores of Saul Ewing Arnstein & Lehr as the attorneys representing the partnership between PMG and Greybrook Realty Partners.

“We are working hand-in-hand with First United Methodist Church and Greybrook Realty Partners to create something special for the neighborhood, which will continue to foster growth and connection in this city we love,” said Ryan Shear, a Managing Partner at PMG.

400 Biscayne broke ground in June 2019 and when complete will rise 49-stories with over 1 million SF of total development. The tower will feature 646 rental apartments, 51,000 SF of commercial space and 22,000 SF of space which is dedicated to the First United Methodist Church of Miami. 400 Biscayne will feature a lounge and restaurant in the lobby, co-working spaces, gym, pool deck and outdoor lounge, amongst other amenities. The First United Methodist Church of Miami will feature a chapel, fellowship hall, chassrooms, offices, 3-story sanctuary with views of Biscayne Bay and a basketball court. 400 Biscayne is expected to be completed at one point in 2021.

The Arquitectonica-Designed Short Term Rental Project Natiivo In Downtown Miami Reveals New Renderings

Harvey Hernandez’s Newgard Development’s NGD Homesharing and Russell Galbut’s Crescent Heights have revealed new renderings of the Arquitectonica-designed Natiivo, a 50-story tower planned in Downtown Miami next to Miami WorldCenter. The development team plans to break ground within the next few months with an expected completion date in 2022. The project, which will also feature interiors by Urban Robot, will be “powered by AirBNB” and will feature units specially designed to operate short term rentals. Natiivo will be comprised of 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.

New Tropical Modern Residence Planned On Hibiscus Island Lot Recently Sold By Moishe Mana

Plans have been filed for a new tropical, modern residence on Hibiscus Island after Moishe Mana recently sold the lot, complete with a historic home, located at 420 South Hibiscus. The home is designed by DOMO Architecture + Design and will be elevated above ground to combat rising seawaters and flooding. The home will be accessible by an escalator, elevator and grand staircase along with a glass atrium at the center of the home. The home will also feature 2 guest houses which will be separated from the main house via an elevated water lily pond with sunken seating. On the ground level there will also be a Bayfront infinity pool along with lush landscaping matched with additional water features. The home will be full of resort style amenities including a spa with steam room as well as offer unrestricted views of the Downtown Miami skyline. The developer is seeking approval from the Miami Beach Design Review Board to demolish the existing home as it was built in 1937 along with a waiver to surpass the 24’ height restriction.

Stantec Completes Interior Design For Muze at Met In Downtown Miami

Global design and engineering firm Stantec has completed the interior design of the new 43-story residential tower, Muze at Met in downtown Miami. Developed by ZOM Living and managed by ZRS Management, the 391-unit luxury high-rise is part of the Metropolitan Miami mixed-use complex located at 340 SE 3rd Street.

“We made the essence of the interiors come to life by merging urban elements with raw materials,” said Maureen McLaine, interior designer with Stantec’s Miami office. “Sleek metal and bold black accents were blended with stone, wood and leather, creating a natural, sophisticated design concept.”

The use of reclaimed wood, living green walls, and low VOC paints in the common areas signal the project’s adherence to green elements. The lobby is adorned with an undulating light fixture that cascades down to the white marble reception desk. A metal accent running through the dark wood lobby flooring ties the exterior to the interior, while a custom three-dimensional, floor-to-ceiling backlit metal panel screen serves as a focal point near the elevators.

The seventh floor amenity level includes a relaxation lounge with plush white sofas, polished black petrified wood end tables and decorative wooden slabs anchored by lounge rooms with living green walls, complemented by an adjacent two-story high bookmatched Calacatta Italian stone wall across the room. The fitness and wellness center offers a spa, sauna, steam room, yoga room and fully-equipped gym with top-of-the-line Peloton treadmills and TechnoGym fitness equipment.

A floating wooden staircase connects to the eighth-floor amenity deck featuring a clubroom and entertainment area complete with designer lounge furniture, large screen TVs and a billiards table. Surrounded by glass doors and floor-to-ceiling windows, residents can enjoy the pool deck views while experiencing the resort style pool with cabanas, outdoor lounge furniture and wet bar. Large custom art pieces dispersed throughout the amenity levels cohesively tie in with the raw materials and furnishings.In addition, the amenity deck features a 24-hour co-working and business center designed with wooden work pods and a separate conference room with glass doors. Other amenities include an indoor pet salon with grooming and washing stations, and a playground area decorated with custom dog-themed artwork.

Residences at Muze at Met offer studios, one-, two-, three-bedroom units and penthouses, featuring tile flooring throughout, European-style kitchen cabinetry and bathroom fixtures, a chef’s island and stainless steel appliances, including dual zone wine fridges.

The 714,000 SF mixed-use project also includes retail space, four restaurants, and an 18-screen Silver spot cinema.

The Ritz-Carlton Residences, Miami Beach Receives TCO And Commences Closings

Lionheart Capital, a Miami-based real estate development firm, has reached the home stretch of construction after receiving TCO approval for The Ritz-Carlton Residences, Miami Beach. Since launching sales, the project has become the largest residential adaptive reuse project in South Florida, the first full-scale architectural project in the U.S. by master Italian architect, Piero Lissoni and the only residential project in Miami Beach situated on over seven-and-a-half acres. Sales are currently at over 70% of the 111 units which offer 60 unique floorplans. Amenities at The Ritz-Carlton Residences, Miami Beach include a half-acre rooftop pool deck, ecological food forest and community garden, house yacht and 36-slip private marina. Additionally, the world’s first residential art studio and sharing room, medical concierge with celebrity author of The South Beach Diet, Dr. Arthur Agatston, social rooms, cinema, children’s room, and library further complement the Ritz-Carlton lifestyle. The Residences range in size from 2,000 SF to over 10,000 SF, priced from $2 million to over $40 million.

“Turning a set of massive historical structures into one cohesive modern masterpiece was no easy feat and our team has made it a tremendous success. The best things in life are worth waiting for and we have designed this project meticulously, taking the time to integrate the development seamlessly with the surrounding community,” said Ophir Sternberg, CEO and founding partner of Lionheart Capital. “The wait is finally over, and we are looking forward to welcoming residents to this exclusive real estate collector’s item, designed for life.”

“The excitement has been building with our residents and prospective buyers leading up to this much anticipated announcement,” according to Jay Parker, CEO of Douglas Elliman’s Florida Brokerage. “Unlike the buying habits of today’s market, where buildings are torn down every few years, this project has been curated as an investment for the long term, as an instant classic with only the finest architecture, best in class interior design, world’s first amenities of their kind and exclusive location that cannot be replicated.”

“Unlike other projects in the area, these residences feel like single-family homes instead of ‘cookie cutter’ condo units,” explained Jason Rosenhaus, Vice Chairman of Rosenhaus Sports Representation and buyer at The Residences. “My family and I are looking forward to begin moving in this month, as Lionheart Capital has spared no expense to ensure perfection and have made this irreplaceable home worth the wait.”

Photo Credit: Courtesy of The Ritz-Carlton Residences, Miami Beach

Melo Group Reveals Their Newly Proposed Arquitectonica-Designed Island Bay Project In Edgewater

Melo Group has revealed their newly proposed, Arquitectonica-designed Island Bay project in Edgewater where the developers have recently filed plans with the city. The project features 782 residential units spread between two 60-story, 648’, twin towers on Biscayne Bay. The residences are expected to be condos with a luxurious suite of amenities including multiple pools boarding Biscayne Bay and a multi-sports court. The developer would also build the Baywalk to comply with Miami21 as the city works towards its goal of connecting a baywalk spanning from Edgewater through the Brickell River. Melo Group has requested approval from Miami-Dade’s Shoreline Review Committee. The property is located between NE 24th Street and NE 23rd Terrace as well as NE 5th Avenue to the west.

Estates Investment Group Proposes Soleste Grand Central Apartments In Overtown

Estates Investment Group has proposed a Class A apartment building in Overtown which will be built in partnership with the Overtown and Park West Community Redevelopment Agency. The property, which is located at 218 NW 8th St., will be built on 1.23 acres of CRA owned land. When complete the project, which was designed by Caymares Martin, will rise 18-stories and will feature 360 apartments which will range from studio to 3-bedroom floorplans. The project will also feature 6,500 SF of retail, 2,250 SF of office, 438 parking spaces and 9,355 SF of open space. Estates Investment Group will dedicate 40 units to affordable housing with the balance at market rate. The proposal will be reviewed by Miami’s Urban Development Review Board on October 17, 2019.