Pacific & Orient Properties Reveals And Breaks Ground On Japanese-Inspired 7918 West Drive North Bay Village Luxury Condo
Pacific & Orient Properties, LLC has revealed and broken ground on the limited edition Japanese-inspired 7918 West Drive, the first luxury waterfront condominium to break ground in North Bay Village in over a decade. Located at 7918 West Drive, the 21-story, 54-residence elegant waterfront condominium development is both uniquely designed and technologically advanced.
Pacific & Orient Properties, LLC has revealed and broken ground on the limited edition Japanese-inspired 7918 West Drive, the first luxury waterfront condominium to break ground in North Bay Village in over a decade. Located at 7918 West Drive, the 21-story, 54-residence elegant waterfront condominium development is both uniquely designed and technologically advanced. 7918 West Drive is developed by Pacific & Orient Properties, LLC, a subsidiary of Kuala Lumpur-based Pacific & Orient Berhad. The estimated completion date for the development is March of 2025.
Situated on a 33,600-square-foot lot in North Bay Village, 7918 West Drive sits on the Intracoastal Waterway between El Portal and Normandy Isles. Surrounded by water near a natural preserve, it is located directly on Biscayne Bay and close to both Biscayne Blvd as well as Miami Beach. 7918 West Drive’s advanced technology will include customized software automatization for the latest in privacy, security and convenience. Each unit will feature a high-speed fiber internet IT control center.
A limited edition contemporary development, 7918 West Drive features panoramic views: North Bay Village and Biscayne Bay to the east, a public park to the north, low buildings to the south and uninterrupted water views to the west.
“A chic, serene retreat, 7918 is situated just far enough away from the hustle and bustle of the city, yet centrally located to exciting attractions,” said Maurizio Pejoves, director of Pacific & Orient Properties. “Merging innovative design and luxury with advanced technology, it is an architectural masterpiece,” he continued.
World-renowned designer Juan Azulay, founder and director of MTTR mgmt, an award-winning creative practice, is the project architect. Using digital design parametric methodologies to optimize the building’s form, Azulay creates undulating panel forms, non-repeating intercut balconies that affect shadows and light lines of lower floor balconies, and an open area system ― a distinctive design that looks to the future.
The customized residences, ranging from 1,677–7,086 square feet total, will have a minimum of two bedrooms, with at least two view exposures to Biscayne Bay. All three-bedroom units will be corner units, and limited to four units per floor. The 3,661-square-foot penthouse will feature five bedrooms, five bathrooms, one half-bathroom, a 1,232-square-foot balcony, and more. None of the residences will be alike in terms of area, glass-line and balcony-interior layout relationships.
Residences will feature a state-of-the-art German Siematic kitchen with Cosentino/Dekton countertops, Miele appliances with mobile technology connection, and Hansgrohe and Kohler plumbing fixtures. Bathrooms will include Dekton finishes and countertops, Spanish quality finishes by Iberia, and an innovative Viega plumbing system. Large balconies will provide a relaxing “indoor-outdoor” lifestyle.
7918 West Drive will feature 15,224 square feet of common areas, 148 parking spaces and 34 storage units. The development will include a pedestrian walkway along Biscayne Bay. Amenities will include a swimming pool, fitness center, elevated garden, club room and state of the art fully equipped Chef’s kitchen.
Thornton Residential is the general contractor for the project. Thornton Residential has been servicing the South Florida region for the last two decades, continually working with some of South Florida’s largest clients; a testament to their quality work and ability to deliver great projects. Combined, they have constructed over $1 billion in the South Florida region. Their experience with various facility types has sharpened their skills, allowing them to understand how to quickly identify and resolve each project’s unique challenges.
For more information about 7918 West Drive, private showings or purchasing/ leasing information please fill out the form below:
New Construction Palm Island Spec-Mansion Sells For $32 Million Setting Record As Most Expensive Sale Ever On Palm Island
A recently completed tropical modern spec-mansion on Miami Beach’s exclusive Palm Island has sold for a record $32 million, ringing in as the most expensive sale ever on the island. The buyer was represented by David Pullman with The Waterfront Team at ONE Sotheby's International Realty, while the seller was represented by Lourdes Alatriste with Douglas Elliman.
A recently completed tropical modern spec-mansion on Miami Beach’s exclusive Palm Island has sold for a record $32 million, ringing in as the most expensive sale ever on the island. The buyer Ron Ozer who is CIO of hedge fund Statar Capital and the seller was real estate developer William Campbell. The buyer was represented by David Pullman with The Waterfront Team at ONE Sotheby's International Realty, while the seller was represented by Lourdes Alatriste with Douglas Elliman. The home was most recently listed for $39.9 million at the time of sale with Alatriste and was listed for as high as $51.9 million during construction.
Located on a .7 acre lot at 158 Palm Ave., the new construction home spans 14,000 + SF of oceanfront with 7 bedrooms and 10 bathrooms. The main residence features 6 bedrooms while a detached 5 car garage offers a 2nd floor guest suite. The residence features multiple living spaces with water views and telescoping glass sliding doors to blend indoor/ outdoor living. The home also features an office, movie theater, an oversized chef's kitchen, a 2nd floor balcony spanning the entire home with access to a rooftop balcony and a stunning primary suite with a lavish master bath complete with a soak-in tub. The outside provides a tropical oasis with infinity pool, summer kitchen and 100' water frontage with a private dock offering stunning bay and skyline views.
Images via Luxhunters
Related Group's Nick Pérez on Wynwood’s Transformation And The Future of Development in This Burgeoning Neighborhood
The Wynwood Arts District, famously known for its striking graffiti walls and vibrant arts and entertainment scenes, is now one of Miami’s most desirable places to live, work and play, with some of the biggest names in tech, dining, fashion and hospitality setting up shop in the neighborhood. PROFILEmiami had the opportunity to speak with Related Group’s Senior Vice President, Nick Pérez, to learn more about this exciting new development and what the future holds for the area.
The Wynwood Arts District, famously known for its striking graffiti walls and vibrant arts and entertainment scenes, is now one of Miami’s most desirable places to live, work and play, with some of the biggest names in tech, dining, fashion and hospitality setting up shop in the neighborhood.
Leading this charge is real estate powerhouse, Related Group, the first developer to enter Wynwood in 2019 with the area’s first ground-up rental community, Wynwood 25, and the firm behind the premier Class-A office building, Wynwood Annex.
Now, Related is betting big on the future of Wynwood’s luxury residential market with NoMad Residences Wynwood, the first hospitality-infused condominium from the iconic brand, NoMad Hotels.
PROFILEmiami had the opportunity to speak with Related Group’s Senior Vice President, Nick Pérez, to learn more about this exciting new development and what the future holds for the area.
PROFILEmiami (PM): What initially attracted Related Group to Wynwood?
Nick Pérez (NP): JP Pérez, the President of the Related Group, initially convinced our father, Jorge Pérez, to enter the Wynwood neighborhood, which has been one of our most successful plays to date. When Related chose to build Wynwood 25, our first large-scale rental development in the neighborhood, we were impressed by the art district’s popularity with locals and tourists alike. We recognized that while millions of people were visiting Wynwood each year, there were no existing large-scale residential communities that catered to locals. It was this lack of quality housing supply that compelled us to deliver Wynwood 25, which opened four years ago, and has since ignited a wave of residential development that has transformed the area into one of the hottest rental markets in the county.
Thanks to JP’s visionary foresight, our bet paid off in a big way and today we are the single most active developer in Wynwood. Related alone has a total portfolio, including units completed and under development, of more than 1,250 luxury rental apartments in the neighborhood. Similar to our rental projects, we hope that the NoMad Residences Wynwood will set an example for other condominium developers to follow. Not only are we creating a high-quality building that our buyers will be proud to call home, but we are incorporating a wealth of food and beverage options that will be open to the public and contribute to Wynwood’s dynamic community.
We’re exceptionally proud of the progress we’ve made to date and look forward to the building’s groundbreaking later this year.
PM: Talk to us more about NoMad Residences Wynwood. How did the project come to be?
NP: As one of the pioneers behind the branded residences trend in Miami, we recognized the potential for a partnership with a reputable hospitality brand to envision a new type of condominium offering in Wynwood. The philosophy behind NoMad Hotels is grounded in the idea of the hotel as a great home, which spoke to us as residential developers. The brand’s expertise in creating and activating artfully-lived spaces made it the ideal partner for this project.
Furthermore, the NoMad New York was credited for transforming Manhattan’s North of Madison enclave into one of the city’s most in-demand neighborhoods, and we feel strongly that the NoMad Residences Wynwood will further contribute to Wynwood’s incredible evolution, leading it to become one of Miami’s most inspired and sought-after destinations.
We developed NoMad Residences Wynwood in partnership with New York-based Tricap and collaborated with our globally-renowned design partners, DesignAgency and Arquitectonica. In addition to a full suite of resort-style amenities, the nine-story building will include two signature food and beverage offerings that will be open to the public, including the rooftop restaurant and mixology bar, The NoMad Bar. On NoMad Wynwood’s ground floor, residents and the community can enjoy a Casa Tua Cucina, an expansive open-kitchen concept offering simple, yet expertly crafted Italian and Mediterranean fare.
PM: Wynwood is rapidly transforming into Miami’s tech epicenter. How have Related’s properties contributed to this growth?
NP: In the wake of the pandemic, Wynwood became a major hub for innovators within the tech and finance spaces, including Founders Fund, Atomic Venture Capital and Live Nation Entertainment, which opened offices at The Annex.
The range of forthcoming hospitality and residential offerings, including the Arlo Hotel, Moxy Hotel and the Related communities, will cater to the needs of this growing workforce, much of which is looking to put down roots in the neighborhood.
In fact, this growing tech population paired with the highly regarded NoMad brand has directly translated into robust sales activity at NoMad Residences Wynwood. More than 50% of the building’s 329 fully-furnished homes are already in contract, including one priced at roughly $2,000 per square foot, which shattered neighborhood price records.
PM: Why is the neighborhood attractive to companies wanting to open an office in Miami?
NP: South Florida has experienced tremendous population growth in recent years as many people relocated from New York City, Chicago, Atlanta and parts of Texas.
Wynwood is unique in that it offers a highly creative environment with proximity to the Miami Design District, Midtown and Miami Beach, making it an ideal location for companies looking to tap into the city's diverse business and cultural communities. The neighborhood is home to acclaimed art galleries, luxury boutiques and Michelin-star and five-star restaurants, all of which contribute to its appeal.
PM: What’s next for Related after NoMad?
NP: The Related team has worked to revitalize neighborhoods and improve communities since my father founded the company more than 40 years ago. We’re often among the first to recognize the signs of a promising market like Wynwood. One of our primary goals is to bring projects to life that complement and contribute to the desirability of the surrounding neighborhood — and NoMad Residences Wynwood will be a standout example of that. We can’t wait to show off the finished product.
PMG, Lion Development Group and Marc Roberts Companies Launch West Eleventh Residences In Collaboration With AirBNB
PMG, Michael Simkins’ Miami-based Lion Development Group, and Marc Roberts Companies have launched sales for West Eleventh Residences, their third luxury short-term rental tower in Downtown Miami’s hot Park West neighborhood now dubbed District 11. Located at 18 NW 11th Street, West Eleventh Residences will offer short-term rental flexibility and a first-time opportunity for owners to enjoy fully centralized management with the ability to host guests 365 days a year on Airbnb.
National developer PMG, Michael Simkins’ Miami-based Lion Development Group, and Marc Roberts Companies have launched sales for West Eleventh Residences, their third luxury short-term rental tower in Downtown Miami’s hot Park West neighborhood now dubbed District 11. Located at 18 NW 11th Street, West Eleventh Residences will offer short-term rental flexibility and a first-time opportunity for owners to enjoy fully centralized management with the ability to host guests 365 days a year on Airbnb. Situated in Miami’s District 11, one of the city’s most notable entertainment destinations, the tower will rise 44 stories and offer 659 fully furnished, turn-key residences complete with vibrant amenities and a distinctive 30,000 square foot, tri-level experiential entertainment and food hall on the ground floor.
With this first-time collaboration, the rental potential for a short-term rental tower doubles from the traditional 189 to 365 days a year. Developers typically chose to max out short-term rental restrictions at 189 days, however PMG is leading the charge of year-round rentals in Miami.
“We are excited to announce the launch of West Eleventh Residences. The demand for short-term rental properties with onsite support for seamless hosting is high in South Florida, especially in Downtown Miami,” said Ryan Shear, Managing Partner at PMG. “Not only will West Eleventh Residences offer flexible living options and luxury condo ownership for buyers, but it will also provide impeccable residences and superb amenities for Airbnb guests and owners to enjoy.”
West Eleventh Residences will give owners the ability to host on Airbnb year-round with seamless centralized management, the first tower in Miami to offer this distinctive luxury. Each residence will be optimized for hosting on Airbnb, giving owners unparalleled autonomy and peace of mind through the convenience of hospitality-level service and oversight. The knowledgeable concierge staff will assist owners in the creation of personalized listings with services ranging from crafting the perfect listing description to offering professional photography resources.
Designed by internationally renowned architecture firm Sieger Suarez Architects, with residential interior concepts by ArX, West Eleventh Residences will offer the latest smart building technology, top-of-the-line appliances, and sweeping views of the Miami skyline, Biscayne Bay, and the Atlantic Ocean. Each of its fully finished and fully furnished studio and one-bedroom residences will also be equipped with PMG smart home technology, delivering seamless personalization with the touch of a button for integrated audio, video and lighting systems.
In addition to the in-residence features, residents at West Eleventh Residences will have access to over 20,000 square feet of elevated amenity space specially curated to extend owner comfort. Amenities include a resort-style pool, private lounge areas, state-of-the-art fitness and wellness centers, a signature on-site restaurant, and more.
“Miami is continuously proving itself as an evolving, world-class entertainment destination people want to call home,” said Michael Simkins, President and CEO of Lion Development Group. “Our collaboration with PMG and Marc Roberts Companies on West Eleventh Residences will once again underscore the area’s potential, solidifying Downtown Miami’s District 11 into a true live-work-play community for all. We are looking forward to delivering this transformative development to the neighborhood.”
West Eleventh Residences marks the fifth PMG property to launch in Downtown in the past 3 years, with a nearly $3 billion total sellout value of all developments. With luxury residential developments nationwide, PMG delivers impeccable attention to detail throughout each of its projects. The developer is notable for meticulously designed condominium developments such as 111 West 57th Street, Walker Tower, Stella Tower, 111 Leroy in New York City, Echo Aventura, Muse Residences Sunny Isles, Echo Brickell and Mei in South Florida, as well as Waldorf Astoria Hotel & Residences Miami, The Elser Hotel & Residences in Miami, and two other successful pre-construction towers in Miami’s District 11. Currently, PMG is developing more than five million square feet of new development that will deliver sophisticated design, high-end finishes and premium quality.
PMG Residential will exclusively represent sales for West Eleventh Residences.
Conceptual renderings via ArX Solutions
For more information about West Eleventh Residences, private showings or purchasing/ leasing information please fill out the form below:
The Village at Coral Gables Reveals New Renderings Giving First Look At Its Luxurious Wellness Club
Coral Gables-based renowned boutique luxury real estate development firm MG Developer has revealed its latest renderings of The Village at Coral Gables’ Wellness Club, spanning nearly 4,000 SF. Stunning amenities and features include an indoor and outdoor terrace lounge that is ideal for events and gatherings; a fitness wing; a luxurious plunge pool as well as a library and conference center; perfect for residents who enjoy working remotely and are looking for all the office amenities.
Coral Gables-based renowned boutique luxury real estate development firm MG Developer has revealed its latest renderings of The Village at Coral Gables’ Wellness Club, spanning nearly 4,000 square feet. Stunning amenities and features include an indoor and outdoor terrace lounge that is ideal for events and gatherings; a fitness wing; a luxurious plunge pool as well as a library and conference center; perfect for residents who enjoy working remotely and are looking for all the office amenities like high-speed wi-fi and a large monitor screen to host virtual meetings and more.
Curated by MG Developer in collaboration with renowned architect De La Guardia Victoria Architects & Urbanists, the impeccably designed amenity spaces elevate the standard for modern living in historic Coral Gables.
“We pride ourselves in ensuring that each home and community we build, has a unique sense of style and design. For us, every home we create begins with a story, rich in the City’s history,” said Alirio Torrealba, CEO of MG Developer. “And The Village of Coral Gables is a very special enclave that is truly unique in so many ways, but its story is part of the vision George Merrick had when he envisioned the Seven Villages. We are very proud to bring this new design-style of living to life.”
The new renderings provide a sneak preview into a few of the superb amenities that will pay homage to the city’s past while building for modern-day luxurious comforts. The expansive wellness clubhouse, of nearly 4,000 square feet, emanates a contemporary and tropical ambiance, built in Mediterranean revival-style architecture, and a color scheme that blends natural tones with lush green foliage with hints of gold décor accents.
While the curated interiors were inspired by the aesthetic beauty and lifestyle of Seville, Spain, MG Developer set out to continue the vision of George Merrick's, founder of Coral Gables. The boutique 48-residence residential enclave will pay homage to Merrick’s legacy and history in a classic yet modern way.
The Village at Coral Gables will be bordered by gardens inspired by the alcoves in the Plaza de España and will integrate courtyards throughout an entire block, with 50 percent of the site expected to include lush landscaping and hidden parking garages featuring an artistic component that complements the Coral Gables area.
The Village at Coral Gables will feature four distinctive collections: Townhomes, Lofts, Villas, and Flats. Residences will vary in style and size, from the sophisticated flats of two bedrooms with a study room and a balcony to the charming four-bedroom townhomes that range from 1,750 square feet to 3,100 square feet.
Although the development is situated within walking distance to the new Plaza, Downtown Coral Gables, and is in close proximity to South Florida’s most sought-after golf courses, the new Lowe’s Hotel, the Biltmore Hotel, cultural attractions, as well as the best dining venues in Miami, the verdant canopy streets that surround The Village at Coral Gables evoke the serenity of a quiet countryside. With everything The Village at Coral Gables has to offer, combined with its stunning design and lifestyle, it is poised to become the most desired living destination in South Florida.
Located at 535 Santander Avenue and set throughout 17 lots, The Village at Coral Gables site is bordered by Malaga Avenue, Santander Avenue, Segovia Street, and Hernando Street. Completion is expected by 2024. .
MG Developer, led by Alirio Torrealba, is one of South Florida’s most active residential developers having completed its newest project, Biltmore Row, and Althea Row, which nearly sold out in less than 90 days and completed its Biltmore Square community that includes the award-winning Beatrice Row, which was recognized internationally for its stunning and classical design.
EDITION Hotels And Location Ventures Break Ground On EDITION Residences Fort Lauderdale
Real estate investment firm Location Ventures and Marriott International’s EDITION Hotels has broken ground on EDITION Residences Fort Lauderdale. The milestone signifies the launch of construction for the first luxury branded residences on the city’s Intracoastal that will feature two 11-story towers with 65 spacious condominiums. EDITION Residences Fort Lauderdale will continue to raise the bar as it attracts discerning buyers who seek upscale amenities paired with a South Florida lifestyle.
Miami-based real estate investment firm Location Ventures and Marriott International’s EDITION Hotels has broken ground on EDITION Residences Fort Lauderdale. The milestone signifies the launch of construction for the first luxury branded residences on the city’s Intracoastal that will feature two 11-story towers with 65 spacious condominiums.
On Feb. 9, Location Ventures, Marriott representatives, city officials, development partners and friends gathered at the property’s exclusive address of 551 Bayshore Drive in Fort Lauderdale’s burgeoning North Beach Village to celebrate the occasion. Honorary guests included Fort Lauderdale Mayor Dean Trantalis and Commissioner Steve Glassman, along with Sheila Farahpour, Vice President of Luxury and Mixed-Use Development at Marriott International, and Jay Parker, CEO of Douglas Elliman Florida.
As a twist to the traditional groundbreaking event, attendees received individually sized champagne bottles to pop during the ceremony – a nod to the EDITION brand’s signature style of fusing modern sophistication and culturally-inspired creativity. Cocktails and canapés added to the festivities, while a vibrant sunset over the waterway highlighted the serene views that will be enjoyed by future homeowners.
“North Beach Village in Fort Lauderdale has seen tremendous growth and change over the last few years,” said Rishi Kapoor, CEO of Location Ventures. “There is excitement and demand for the local, combined with the incomparable experiences and quality of the EDITION brand, and we are thrilled to break ground on this exceptional site.”
Fort Lauderdale has emerged from the shadows of its well-known neighbors: Miami and Palm Beach. The “Venice of America” has welcomed an influx of residents flocking to the city for its high-end restaurants, new luxury developments, cultural offerings, and relaxed ambiance. The interest is evident in the sales of the EDITION Residences Fort Lauderdale. With exclusive representation by Douglas Elliman Development Marketing, the project was introduced to market in October 2022.
EDITION Residences Fort Lauderdale will continue to raise the bar in the area as it attracts discerning home buyers both nationally and internationally who seek upscale amenities paired with a laidback South Florida lifestyle. The towers will offer spacious residences with two-bedroom to four-bedroom floor plans, including nine villas and four penthouses, ranging from 1,710 to 4,660 square feet. Each home will offer opulently designed interiors, gourmet kitchens with premium appliances, and unparalleled views of the Atlantic Ocean and Intracoastal waterway from its floor-to-ceiling windows and expansive terraces.
Taking advantage of its lush surroundings, the property will provide residents with 20,000 square feet of outdoor amenities, including multiple wellness components like meditation walkways with meditation bowls, an edible garden, two pools, and an Intracoastal riverwalk that features dockage for small boats. A moonroof and a sunroof, featuring a movie screen, large fire pit, and an outdoor summer kitchen, will become ideal settings to mingle and unwind while enjoying unbeatable rooftop views. The property will also include a poolside grill and a Health & Wellness Center with dedicated areas for fitness and pampering, including a hammam and treatment rooms.
Designed by GarciaStromberg, the building’s glass façade emulates the movement of light reflecting from the waterfront. Internationally renowned interior designer Clodagh also embraces the natural characteristics of South Florida with neutrals punctuated by splashes of color and unique textures to celebrate the water and changing sky. Landscape design by Cadence captures the tropical essence of the area with its exuberant plants and tranquil energy.
EDITION Residences Fort Lauderdale is within walking distance to a plethora of leisure offerings, including the beach, culinary experiences, hotels and more. It is also in proximity to the famed Las Olas Boulevard’s retail and entertainment, museums and performing arts, and is just seven miles from Fort Lauderdale-Hollywood International Airport.
Check Out This Newly Renovated Coastal Contemporary In The Exclusive Point Manalapan Which Just Listed For $7.995 Million
A beautifully renovated turnkey family home on a quiet cul-de-sac street in the exclusive, gated Point Manalapan has hit the market for $7.995 million. Point Manalapan is a luxurious, secluded community just minutes from Palm Beach nestled between the Atlantic Ocean and Intracoastal Waterway. Located at 105 Churchill Way, the coastal contemporary home recently underwent a full renovation creating an idyllic luxury residence.
A beautifully renovated turnkey family home on a quiet cul-de-sac street in the exclusive, gated Point Manalapan has hit the market for $7.995 million. Point Manalapan is a luxurious, secluded community just minutes from Palm Beach nestled between the Atlantic Ocean and Intracoastal Waterway. Located at 105 Churchill Way, the coastal contemporary home recently underwent a full renovation creating an idyllic luxury residence with beautifully designed interiors and lushly landscaped outdoor spaces perfect for entertaining.
A limestone driveway and landscaped courtyard welcomes you to the bright, coastal home. The spacious, open floor-plan spans 5 bedrooms and 6.5 bathrooms, with a detached guest suite spanning 8,516 SF on a half-acre lot. The residence features high ceilings, a gourmet eat-in kitchen, double-height living room, multiple balconies and outdoor spaces, an elevator and all bedrooms with en-suite bathrooms and spacious closets. The home also features the finest finishes, 4.5 car garage, impact windows and doors and can be purchased fully furnished if desired. The oversized outdoors was updated by SMI Landscaping and features a new pool. Buyers will receive a membership to La Coquille Club at The Eau which offers restaurants, an oceanfront pool, spa, exercise room and beach club.
105 Churchill Way is currently listed for $7.995 million with Adam McPherson of Douglas Elliman.
Location Ventures Breaks Ground on URBIN Coconut Grove
The Miami-based real estate developer Location Ventures has broken ground on URBIN Coconut Grove. The milestone signifies the launch of construction for the second location for URBIN, a mixed-use brand that unites design-forward residences for short- or long-term rental with flex workspaces, wellness amenities, social activations, and lifestyle-oriented retail, all in one address.
The Miami-based real estate developer Location Ventures has broken ground on URBIN Coconut Grove. The milestone signifies the launch of construction for the second location for URBIN, a mixed-use brand that unites design-forward residences for short- or long-term rental with flex workspaces, wellness amenities, social activations, and lifestyle-oriented retail, all in one address. The URBIN Coconut Grove groundbreaking follows Location Venture’s December 2022 groundbreaking on URBIN Miami Beach.
Location Ventures, development partners and city officials gathered on January 25 at the Coconut Grove project site, 3162 Commodore Plaza, for the official groundbreaking ceremony. Special guests included Miami Mayor Frances Suarez, former City of Miami Commissioner Ken Russell and Location Ventures CEO Rishi Kapoor, who shared remarks about the future development and coveted Coconut Grove locale – Miami’s oldest neighborhood.
The residential component of the property is 90% sold, with exclusive sales representation by ONE Sotheby’s International Realty, and has attracted a diverse buyer demographic, from Latin America and Europe. Plans are underway to further scale the URBIN brand in key cities throughout the U.S. Construction commencement in Coconut Grove comes on the heels of the Miami Beach location’s groundbreaking in the fourth quarter of 2022, following its sell-out.
“Demand for URBIN Coconut Grove has been steadfast due to its unique ownership opportunities and location in a thriving neighborhood. We are excited to begin the construction and bring this vision to life,” said Kapoor. “Living, working and wellness are the pillars of this coveted address, all integrated into a singular location.”
URBIN Coconut Grove is comprised of 54 residences ranging from studios at 331 square feet to six bedrooms at 2,352 square feet. Thoughtfully planned for convenient, easy living, residences combine modern luxury with efficient layouts and are delivered designer-finished and furnished for turnkey ownership. Arquitectonica and Paredes Architects are behind the architectural design, while residences will feature interiors by am studio, a boutique design collaborative committed to creating cohesive, resourceful, and oneiric spaces.
A variety of resort-inspired services, such as valet parking, concierge, housekeeping, and room service, will complement onsite amenities to create an environment to “live-work-well.” Residents and members of the adjacent URBIN Work will be complemented by a host of food and beverage options, as well as a wellness center with programming for mindfulness, movement, nourishment, and healing. URBIN Work, pre-leasing with Colliers, offers modern office space for businesses of the future looking to make Miami’s most dynamic neighborhood home. Both traditional office and flex workspaces provide modern amenities.
The property’s dedicated coworking component will bring an elevated level of service to the work experience. In addition to the physical space, coworking members will have access to necessary business support tools, including consulting, administrative and networking services.
The URBIN development is the latest addition to the vibrant Coconut Grove community, which has undergone a significant transformation in recent years. Embodying the laid-back waterfront lifestyle of the locale, it is an area brimming with world-class restaurants, neighborhood shops, lush parks and a hub of growing business enterprises. URBIN Coconut Grove is situated in the center of it all, two blocks from CocoWalk, and within walking distance to Dinner Key Marina, the bay, and Regatta and Peacock Park.
Residence At The Bristol In West Palm Beach Trades For Record $21 Million, Double Its 2019 Purchase Price
A residence at The Bristol in West Palm Beach has just closed for $21 million, double what it previously traded for in 2019 and the highest price ever paid for a single unit at the coveted residential building. Per public record, Samantha Curry with Douglas Elliman, who has sold close to $400 million at The Bristol, represented the seller. Steve Hall with Compass represented the buyer.
A residence at The Bristol in West Palm Beach has just closed for $21 million, double what it previously traded for in 2019 and the highest price ever paid for a single unit at the coveted residential building. Per public record, Samantha Curry with Douglas Elliman, who has sold close to $400 million at The Bristol, represented the seller. Steve Hall with Compass represented the buyer.
Unit 1901 is a rare Northeast corner residence designed by Marc Michaels features one of the building’s most sought-after floor plans mimicking a single-family home in the sky with 5,544 interior SF plus a 1,500 wraparound terrace. With chic contemporary design and the finest materials, the 4-BR plus office/ 5.1-BA showcases the most impressive panoramic views of the Ocean, Intracoastal, Palm Beach, and sparkling city lights showcased through 11-ft floor to ceiling glass surrounding the entire residence.
The residence features a stunning one-of-a-kind entertaining bar and a perfectly curated primary bedroom suite with dual bathrooms both with spectacular direct east water views, dolimiti marble, and Italian Fantini fixtures. Both of the spacious dressing rooms consist of custom closets built with the finest materials. The residences also offers a state-of-the art kitchen featuring top of the line Gaggenau appliances, Snaidero Italian cabinetry, and 100-bottle Sub Zero wine refrigerator. Additional highlights include immaculate built-ins, bespoke furnishings, an enhanced Crestron Smart Home technology with automated control of everything from lighting, shades, sheers, music, thermostat, and more.
The Bristol is located at 1100 S Flagler Driveand has succeeded in setting a new standard for ultra-luxury living in West Palm Beach. The tower is renowned for its most impressive 5-star amenities and attention to detail including on-site professional concierge, two spas, beauty salon, waterfront fitness center, 75-ft resort-style swimming pool, club lounge and dog park. Two house vehicles equipped with a driver, gated entrance, and 24-hour valet and front desk.
Images via Shawn Hood Media
ALTARA Properties Launches Sales Of Newly Completed Casa Azzura Luxury Townhomes In Coconut Grove
ALTARA Properties has launched sales of Casa Azzura Coconut Grove, a newly completed luxury tropical modern townhome development designed by renowned Venezuelan-architect Mario Bocaranda in Miami’s hot West Grove section of Coconut Grove. The new construction residences are available for purchase and are priced at $2 million per unit. Sales are overseen by ALTARA Properties which is led by PROFILEmiami co-founder Demetri Demascus.
ALTARA Properties has launched sales of Casa Azzura Coconut Grove, a newly completed luxury tropical modern townhome development designed by renowned Venezuelan-architect Mario Bocaranda in Miami’s hot West Grove section of Coconut Grove. The new construction residences are available for purchase and are priced at $2 million per unit. Sales are overseen by ALTARA Properties which is led by PROFILEmiami co-founder Demetri Demascus.
Each residence features 3 bedrooms, 3 full-bathrooms and two half-baths spread over 2,500 SF. The luxurious homes feature a large open modern floor plan with glass sliders emphasizing indoor-outdoor living. High ceilings offer plenty of space and comfort. Each unit features a gourmet kitchen with high-end finishes, top of the line-stainless appliances and quartz countertops. Upstairs offers three en-suite bedrooms including a lavish master suite with a large walk-through closet and luxurious master bath with freestanding soak-in tub. The lushly landscaped outdoors features a plunge pool, covered terrace with barbecue and cabana bath.
One of Miami’s most historic and beautiful neighborhoods, the lush bayside community of Coconut Grove is known for its tropical vibe full of banyan trees, palms and live oaks mingle along quiet residential streets, and peacocks roam wild. Hugging the shoreline of Biscayne Bay, Coconut Grove is an upscale, leafy neighborhood with relaxed sidewalk cafes and chic shops in and around the newly redeveloped CocoWalk mall.
Casa Azzura is located at 3162 Plaza St. and 3164 Plaza St. Units are priced at $2 million each with sales and marketing for Casa Azzura Coconut Grove is being represented by Demetri Demascus of ALTARA Properties. For more information please visit www.azzuramiami.com or email d@altaraproperties.com.
3162 Plaza
3164 Plaza
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