Casa Costanera, formerly owned by Bacardi heiress, Hilda Bacardi, has sold for $19 million. Bacardi was represented by Barbara Estela & Hilda Jacobson of Douglas Elliman’s Sports & Entertainment Division. The sale marks the highest price ever paid for a single-family home in Cocoplum.
Read MoreMG Developer Breaks Ground On Villa Blanc, Designed by Z.W. Jarosz Architect, In Coral Gables
MG Developer continues to develop The City Beautiful, recently celebrating the groundbreaking of Villa Blanc, the firm’s latest project located on 311 Santander Avenue. At the evening celebration, guests enjoyed remarks by CEO Alirio Torrealba and Coral Gables Mayor Raúl Valdés-Fauli championing another highly anticipated development offering style and originality.
Read MoreAtlantic Pacific Communities' Bermello, Ajamil & Partners-Designed Proposal Chosen For Downtown's Block 45
The Miami-Dade county-owned Block 45 is nearing redevelopment as the proposal by Atlantic Pacific Communities which was designed by Bermello, Ajamil & Partners & Corwil Architects has been chosen as the winning design by a Miami-Dade selection committee.
Read MoreNothing Compares To This Artefacto-Designed Oceanfront Condo With A Wall Mounted $1.5 Million Pagani Zonda R
Race cars aren't just for driving anymore. The owner of an $8 million oceanfront condo in Miami recently had a $1.5 million Pagani Zonda R installed in their Surfside residence to serve as the centerpiece of the luxurious 4,232 SF space.
Read MoreLegal Battle Over Gary Nader’s Latin American Art Museum Proposal Continues with Miami Dade College
Gary Nader, a local art collector with a gallery in Wynwood, is not giving up on his battle to build an art museum in downtown Miami to display his personal collection. Nader wants to develop the Latin American Art Museum, which would also house condos upstairs, on prime property at 520 Biscayne Boulevard. His collection features artists like Botero, Matisse, and Picasso.
The land Nader bid on is currently owned by Miami Dade College and is utilized as a parking lot for students. It was valued at $125 million as of three years ago. The college rejected Nader’s proposal for the museum, as well as a competing proposal submitted by Jorge Perez, Chairman and CEO of Related Group. When Nader sued the college for public records violation, a judge ruled that Miami Dade College didn’t violate the law, but still ordered the college to turn over all documents requested by Nader related to the bidding process. Now, the two parties are fighting over $1.7 million accrued in legal fees, which Miami Dade College calls unnecessary and frivolous. The attorney for Miami Dade College told judge Thomas Rebull that those “public funds should have been used for educational purposes—your tax dollars and mine.”
Nader spent $4 million developing his plan in collaboration with Mexican architect Fernando Romero, who designed Mexico City’s Soumaya Museum, which was also funded by a private investor. Still, Nader remains hopeful. Given the prestige and size of his collection with over 150 of Latin America’s most important artists, he thinks, “It would be a project that would be visited by everybody who comes to this city, without a doubt.”
Article By: Katya Demina
Check-Out The Cipriani's Newly Revealed Mr. C Coconut Grove Hotel Designed by Arquitectonica
The Cipriani family is bringing a new hotel to Coconut Grove, featuring a modern, radical design by Arquitectonica which was influenced by Stiltsville in nearby Biscayne Bay. The development team recently revealed the hotel with new renderings and construction is nearing completion with the hotel expected to open this winter (2018).
Read MoreArte by Antonio Citterio Tops-Out In Surfside
Arte by Antonio Citterio, the highly anticipated, oceanfront, ultra-luxury building at 8955 Collins Avenue in Surfside, has officially topped out. The building, which derives its name, Arte, from an "ART" sculpture displayed outside designed by the late legendary American artist Robert Indiana, is expected to be completed in 2019.
Read MorePROFILE Exclusive: Inside Developing The Renzo Piano & RDAI-Designed Eighty Seven Park With Terra's David Martin
PROFILEmiami had the exclusive opportunity to sit down with David Martin, President and co-founder of Terra, and the mastermind behind some of Miami's most architecturally significant condos of this cycle include Bjarke Ingels-designed Grove at Grand Bay, the Rem Koolhaas-designed Park Grove, and Rene Gonzalez-designed Glass.
Read MoreGus Rubio, & Jay Parker
Douglas Elliman Florida Brokerage Relocates Design District Office To MiMo With Lavish Ribbon Cutting Reception
Douglas Elliman has officially opened its newest Florida office in Miami’s MiMo District located at 5555 Biscayne Blvd., replacing its previous Design District location. The full-floor 6,000 SF location houses the firm’s Miami Design District agents along with additional office space for new recruitment, Douglas Elliman Development Marketing, PR and marketing teams.
Read MoreOne Sotheby's International Realty Recruits Star Agent Vivi Wolak As New Global Real Estate Advisor
ONE Sotheby’s International Realty announced the newest addition to their real estate team in a statement released last Friday. Vivi Wolak, luxury star and Latin American specialist, joins ONE Sotheby’s with close to a decade of experience in the industry and nearly $100 million in sales under her belt.
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