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Category: Neighborhoods

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Fisher Island Penthouse Combination Sets Record With Sale Over $150 Million

One of the wealthiest zip codes in the United States is getting wealthier with a new-record-setting penthouse sale at Six Fisher on the famed Fisher Island in Miami Beach. The project, which gained additional notoreity as being the first new residential development to require an invitation in order to consider a purchase, has sold a combination of upper penthouses for over $150 million, according to Bloomberg. This ultra-luxurious sale follows a trend that has become prevalent across the coastal region. Miami’s business-friendly climate has attracted an inordinate amount of ultra-high-net-worth...

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The Perigon Miami Beach Hosts Groundbreaking Celebration At 5333 Collins Avenue

Just five months after the unveiling of their luxurious preview gallery, MAST Capital and Starwood Capital have broken ground on The Perigon Miami Beach, their much-anticipated ultra-luxury beachfront development at 5333 Collins Avenue. The project’s developers gathered on the sand yesterday to toast to their progress and welcome the new elegant development with a handful of elite brokers and clients. “Breaking ground on The Perigon marks a new era for luxury living on Miami Beach – one that is characterized by sophisticated design and highly curated experiences,” said Camilo Miguel, Jr., CEO...

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888 Brickell By Dolce & Gabbana Releases New Renderings And Details Of Their New Supertall Tower

After garnering approval from the FAA to built to a staggering height of 1,049 feet above Brickell Avenue, JDS Development and Dolce & Gabbana have released new details on their first real estate project in the United States. A Unique Condo Hotel Offering 888 Brickell by Dolce & Gabbana is not only the first collaboration between JDS and the eponymous fashion house, it is also the first tower of flexible condo/hotel residences that can be simultaneously rented and enjoyed by the owners. Not to be confused with a typical condo/hotel which allows owners to participate in a hotel program...

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The Downtown Miami Underdeck Lands $60 Million US Department Of Transportation Grant

The new I-395 Underdeck and Heritage Trail project is one step closer with a $60 million grant that has been earmarked by the US Department of Transportation. This federal grant will make up the majority of the $83 million needed for the landmark project and is the largest federal grant ever received by the City of Miami, according to Mayor Francis Suarez. About the Downtown Miami Underdeck Not unlike The Underline, which stretches under the Miami Metrorail lines south from the Miami River, The Underdeck will bring jogging trails, bicycle lanes, sports parks and active-urban activation to the...

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The Ritz Carlton Residences South Beach Contributes To Historical Transformation Of Morris Lapidus’ Lincoln Road Beachwalk Entrance

The developers of the new Ritz Carlton Residences South Beach are teaming up with the City of Miami Beach to bring Morris Lapidus’ vision of the Lincoln Road beachwalk to fruition. Utilizing a $4.85 million grant from the state of Florida and contributions from the developers and the City of Miami Beach, locals will soon enjoy a new street redesign with an Art Walk, beachwalk beautification and general pedestrian-friendly redesign all the way from the sand to Washington Avenue. Rendering of Ritz Carlton Residences South Beach Beachwalk For those who are new to Miami Beach, Morris Lapidus is...

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A Sneak Peek Inside Michael Shvo’s The Raleigh Rosewood Residences

Rendering of The Raleigh Miami Beach | Image Credit: DBOX for SHVO The iconic Raleigh in Miami Beach is having a renaissance at the hands of famed developer Michael Shvo and award-winning architect Peter Marino. Always a visionary, Mr. Shvo has undertaken a full restoration of the famed 60-suite boutique hotel and private member’s club, adding a modern 17-story residential tower at 1775 Collins Avenue on Miami Beach. In order to bring this vision to fruition, Shvo has tapped Peter Marino to oversee the design of the tower with the highest of expectations. “There is only one architect in the...

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Construction Update On CMC Group’s Vita At Grove Isle In Coconut Grove

One year has passed since Ugo Colombo’s CMC Group broke ground on Vita at Grove Isle and everything is moving along as scheduled. The seven-story boutique condominium has now surpassed the halfway mark of their 2-year build schedule and is nearing top-off. Located on the Northern pointe of Coconut Grove’s 20-acre private island named Grove Isle, the seven-story project is deceiving in that the curved structure is actually three separate buildings that are joined. This allows for the curved exterior to maximize the view for each of the 65 private residences. In January of 2024, CMC Group was...

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The Residences at Mandarin Oriental, Miami Releases New Renderings And Details

Although the sales of The Residences at Mandarin Oriental, Miami have not officially launched, the developers have revealed a handful of new renderings for the project with the unveiling of the luxurious preview lounge. The exclusive preview lounge offers an early glimpse into the development that will be located on the southern pointe of Brickell Key. About Pre-Sales and Previews This new preview gallery marks the first official preview of the new Mandarin Oriental-branded development, which was announced in the summer of 2023 and quietly began taking reservations in late 2023. This quiet pre-sale...

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Related Group Launches Viceroy Brickell | Luxury Condos From The $600’s

The Related Group and Viceroy Hotel and Residences are doing it again. After an incredibly successful partnership with the third tower of Icon Brickell, they are joining forces once again on The Viceroy Brickell at 77 SE 5th Street. The new project, which is in the same complex with Baccarat Residences Brickell, is located in the heart of the Brickell Financial District along the Miami River and Brickell Avenue. Viceroy Brickell is currently under construction, having received their construction financing in the beginning of 2023. As of today, the construction has progressed to the 14th floor...

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The Residences At 1428 Brickell Is Over 40% Sold, Lands $104 Million Construction Financing

The Residences at 1428 Brickell has hit two major milestones on the lead-up to groundbreaking. This week it was announced that developer YTech has secured $104 million in construction financing for the project just as the sales team has announced that over 40% of the 189 planned residences have sold. Ytech has had an incredibly busy year with the project. Sales were launched in January of 2023, marking just over 1 year to sell almost half of the project. This is an astounding rate of absorption for preconstruction residences that begin at $2.4 million up to $7 million. The construction site...

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