A Sneak Peek at the New Delano Miami Beach: Redefining Luxury for 2025
Cain International and Ennismore have unveiled an exclusive first look at the highly anticipated renovation of the iconic Delano Miami Beach. Known for its rich Art Deco history and transformative impact on luxury hospitality, the Delano is set to make a grand comeback in late 2025. This partnership between the privately held investment firm and the lifestyle and hospitality company promises to honor the property’s storied heritage while infusing it with a fresh, modern allure.
The Delano Miami Beach has long been celebrated as a beacon of style and sophistication, and its revival is nothing short of extraordinary. The newly renovated property will feature:
171 Guestrooms and Suites: Combining timeless elegance with contemporary design to provide an unparalleled guest experience.
Reimagined Rose Bar: A luxurious reinterpretation of one of Miami’s most iconic spots.
Curated Retail Spaces: Thoughtfully designed to offer unique shopping experiences.
New Beachfront Amenity Deck: Perfect for soaking up the Miami sun in style.
Fourth-Floor Pool: Adding an elevated retreat with stunning views.
Cutting-Edge Wellness Facilities: Designed to provide ultimate relaxation and rejuvenation.
Restored Historic Details: Including terrazzo flooring and the signature hexagonal columns that pay homage to the property’s Art Deco roots.
This renovation not only redefines luxury in Miami Beach but also signifies a key moment in Delano’s global growth. Following the success of Delano Dubai, the Miami Beach reopening strengthens the collaboration between Cain International and Ennismore, setting the stage for future international projects.
The revival of the Delano Miami Beach is a testament to the enduring legacy of the property and its influence on luxury hospitality. As the countdown to the grand reopening continues, excitement is building among enthusiasts of design, history, and exceptional service. The partnership’s vision ensures that the Delano will once again become a must-visit destination, blending Miami’s vibrant culture with world-class luxury.
Miami Beach Welcomes Its Tallest Tower: Five Park
Miami Beach has a new architectural crown jewel! Five Park, a 48-story luxury condominium tower standing at an impressive 519 feet, has officially taken the title of the tallest building in the city. The developers announced the tower’s receipt of its Temporary Certificate of Occupancy (TCO), signaling its readiness to welcome residents into a new era of upscale coastal living.
While Miami Beach celebrates this milestone, it’s worth noting that much taller skyscrapers grace the skyline across the causeway in the City of Miami. However, Five Park’s achievement represents a significant moment for Miami Beach, showcasing the city’s evolving architectural landscape.
Five Park offers a range of residences from one to four bedrooms, with prices starting at $1.5 million. The original plans called for 280 condominiums, each meticulously designed to exude sophistication and comfort. Complementing the residential spaces is an expansive 50,000 square feet of amenity spaces, ensuring residents enjoy a lifestyle of luxury and convenience.
A defining feature of the development is its integration with the adjacent three-acre Canopy Park, which opened in 2022. This lush green space was a crucial condition for the project’s approval, balancing urban development with community and environmental needs. Designed to enhance the outdoor lifestyle, the park has already become a beloved feature of the neighborhood.
Adding to the connectivity, the Daniel Buren-designed Canopy Bridge will soon break ground. This architectural marvel will link Canopy Park with the South of Fifth Baywalk, further enriching the area’s pedestrian-friendly appeal.
The realization of Five Park was a collaborative effort of some of the industry’s most visionary minds:
Arquitectonica: Led the architectural design, creating a structure that’s as functional as it is iconic.
Anda Andrei: Directed the design vision, ensuring cohesion and innovation throughout the project.
David Martin (Terra) and Russell Galbut (GFO Investments): The driving forces behind the development, turning the ambitious vision into reality.
Moss Construction: Brought the project to life with meticulous execution and timely delivery. Moss has also embarked on another prominent Terra project, the Villa Miami tower in Edgewater.
Five Park isn’t just a building—it’s a statement. From its record-breaking height to its seamless integration with nature and the community, this tower sets a new standard for Miami Beach’s skyline. With the Canopy Bridge on the horizon and the vibrant life surrounding it, Five Park is poised to redefine luxury living in Miami Beach.
Introducing Villa17- A Paradigm of Luxury Living in Miami Beach
Miami Beach, renowned for its vibrant energy and luxurious lifestyle, is about to witness the dawn of a new era in upscale living with the launch of Villa17. Developed by Regency Development Group in collaboration with the visionary architect Kobi Karp, Villa17 emerges as an exclusive enclave of opulent townhomes at the coveted corner of 17th and Jefferson Avenue.
With just 10 meticulously crafted residences, Villa17 sets a new standard for sophistication and urban living in Miami Beach. Each townhome, designed by the esteemed firm Yodezeen, boasts 4 bedrooms, 4.5 bathrooms, and an array of upscale features, starting at $3,500,000. The interiors are a testament to exquisite taste, with customizable options that reflect the discerning preferences of today’s luxury buyers.
What sets Villa17 apart is not just its prime location but also its commitment to unparalleled luxury. Residents will revel in the exclusivity of their own private elevator, granting access to a secluded rooftop retreat. The attention to detail is evident throughout, with Poliform kitchens and closets, Antonio Lupi bathrooms, and state-of-the-art Miele appliances adorning each home. Security and convenience are paramount, with private 2-car garages ensuring peace of mind amidst the bustling cityscape.
Spanning 2,500 to 3,000 square feet, the floor plans of Villa17 boast expansive 10-foot ceilings, framing panoramic views of Lincoln Road or the meticulously landscaped garden terrace. The customizable sky decks offer residents the opportunity to tailor their rooftop oasis to their exact specifications, further elevating the luxury living experience.
Villa17 represents a harmonious fusion of convenience and sophistication, redefining luxury living in Miami Beach. With its exquisite design, prime location, and customizable features, Villa17 stands poised to captivate those who seek the ultimate in urban elegance amidst the vibrant energy of Miami Beach.
Exploring the Future: Miami Beach’s Mixed-Use Project Proposal
Miami Beach, renowned for its vibrant culture and stunning beaches, is often a hub for innovative urban development. Recently, the city’s Planning Board has been abuzz with anticipation as they prepare to review a groundbreaking proposal: a five-story, mixed-use project set to transform a familiar landscape.
At the heart of this proposal lies a 30,000-square-foot site, currently serving as a parking lot for the adjacent CVS. However, if approved, this space will soon undergo a dramatic metamorphosis into a 60,000-square-foot marvel of modern architecture.
The project’s focal point will be the introduction of 38,805 square feet of office space, comprising a significant 64.7% of the total area. Complementing this commercial aspect will be 77 parking spots and 3,900 square feet dedicated to commercial use, promising a dynamic blend of work and leisure within the bustling cityscape.
The proposal also envisions a residential component, adding a touch of urban living to the mix. Eighteen townhomes, each spanning 1,980 square feet, will grace the landscape, accompanied by a charming 564-square-foot rooftop amenity deck. Positioned on the lower two floors, these residences will coexist harmoniously with the commercial spaces above, creating a vibrant community within the city’s fabric.
However, the project’s scope extends beyond mere construction – it seeks to honor the city’s rich history while embracing the future. 7410 LLC, the developer spearheading this endeavor, plans to breathe new life into the iconic CVS building, a relic from the 1950s. This revitalization effort will retain the building’s historical significance, preserving its original components for future generations to admire.
The CVS redevelopment is not just about aesthetics; it’s a testament to responsible urban planning. In addition to the 18 residences, the revamped building will offer 25 parking spots, over 8,300 square feet of retail space, and a rooftop pool, transforming it into a multifaceted destination for residents and visitors alike.
One of the most intriguing aspects of this proposal is its commitment to sustainability and preservation. By repurposing existing structures and incorporating green initiatives, the project aims to minimize its environmental footprint while maximizing its impact on the community.
Located at 7401 to 7425 Harding Ave in Miami Beach, FL, 33141, in Miami-Dade County, this ambitious venture represents a bold step towards the future of urban living. As the city’s Planning Board convenes to evaluate this proposal, all eyes are on Miami Beach, eager to witness the evolution of its iconic skyline.
Miami Beach’s mixed-use project proposal embodies the spirit of innovation and revitalization, promising to redefine urban living in the heart of this vibrant city. With its blend of commercial, residential, and historical elements, it stands as a testament to Miami Beach’s commitment to progress while honoring its rich heritage. As the project moves forward, it is poised to leave an indelible mark on the city’s landscape, shaping its future for generations to come.
The Perigon Miami Beach Breaks Ground
Set to become the jewel of the coastline, The Perigon Miami Beach is a groundbreaking residential project that promises to redefine upscale living in one of the world’s most coveted destinations. Let’s take a closer look at what makes The Perigon a true masterpiece of architecture, design, and lifestyle.
The Perigon is the result of a visionary collaboration between Mast Capital and Starwood Capital Group, two powerhouses in the realm of real estate and investment. With a shared commitment to excellence, these partners have brought together the best in design, hospitality, and amenities to create a residential experience unlike any other.
At the heart of The Perigon’s allure is its stunning architecture, crafted by the renowned firm OMA, led by the visionary Rem Koolhaas. Designed as a series of buildings converged into one, The Perigon stands as a testament to innovation and creativity. With its unique façade and strategic orientation, every residence offers breathtaking views of the Atlantic Ocean, Biscayne Bay, and the Miami city skyline.
Designed by interior luminary Tara Bernerd, the residences boast a seamless blend of elegance and comfort. From the expansive living spaces to the wraparound terraces, every detail has been meticulously curated to create an unparalleled living experience.
Beyond its exquisite residences, The Perigon offers an array of five-star amenities designed to elevate the everyday. Indulge in world-class dining at the residents-only restaurant, savor craft cocktails in the private speakeasy, or rejuvenate body and soul at the ocean-view spa. With over 20,000 square feet of private amenity spaces, there’s no shortage of ways to relax, unwind, and indulge.
At The Perigon, luxury extends beyond the walls of your residence. With a dedicated lifestyle concierge and residential butler, every need is anticipated and met with the utmost care and attention to detail. Whether it’s arranging a private event or securing reservations at the city’s hottest spots, our team is here to ensure that every moment is nothing short of extraordinary.
As construction begins on The Perigon, anticipation is building for what promises to be a new icon on the Miami Beach skyline. With its visionary design, unrivaled amenities, and commitment to excellence, The Perigon is poised to redefine luxury living for generations to come. Stay tuned as we continue to share updates on this remarkable project, and get ready to experience the ultimate in coastal living at The Perigon Miami Beach.
The Fifth Miami Beach Sets a New Standard in Luxury Commercial Real Estate
We are thrilled to share some groundbreaking news from the world of real estate development. Sumaida + Khurana and Bizzi + Bilgili, two of the most esteemed real estate development firms on the global stage, have recently announced a significant financial milestone. They have successfully secured $47.25 million in construction financing from Cain International for an exciting new project: The Fifth Miami Beach.
This state-of-the-art Class A+ office building, located at 950 5th Street, is making history as the first commercial edifice to be erected in Miami’s South of Fifth neighborhood in two decades. The design mastermind behind this architectural marvel is none other than Alberto Campo Baeza, a name synonymous with innovation and excellence in architecture. Baeza, recently crowned with Spain’s National Prize for Architecture, has chosen The Fifth Miami Beach as his maiden commercial office project in the United States.
The Fifth Miami Beach isn’t just another addition to the skyline. It’s a redefinition of the modern office experience, blending striking design with a strong emphasis on health and wellness. The project, which broke ground recently, is slated for completion in 2025. Impressively, it has already pre-leased nearly 20% of its space.
Amit Khurana, Founding Partner of Sumaida + Khurana, describes The Fifth Miami Beach as a blend of “timeless design, quality of craftsmanship, and curated amenities,” all aimed at setting a new benchmark in commercial development. Meanwhile, Alessandro Pallaoro of Bizzi & Partners highlights Miami’s growing status as a hub for influential companies and the significance of this project in reinforcing the city’s position in the business world.
Sumaida + Khurana and Bizzi+Bilgili are powerhouses in their own right. The former is steered by Saif Sumaida and Amit Khurana, while the latter represents a joint venture between Bizzi & Partners and Bilgili’s private equity real estate arm, BLG Capital.
Global commercial real estate titan, Cushman & Wakefield, is at the forefront of office leasing efforts for this project, with Avenue Real Estate Partners handling the retail leasing. The building’s strategic location at the entrance to Miami Beach, at the corner of Michigan and Fifth Street, positions it perfectly within the rapidly evolving South of Fifth neighborhood, a hotspot for upscale dining, hotels, and residences.
The design team for The Fifth Miami Beach reads like a who’s who of the architectural world. Alberto Campo Baeza, Gabellini Sheppard Associates, Cube 3, and Miami-based Urban Robot Associates come together to create a building that is a visual feast. The building’s design is a stunning jewel box shape, characterized by a façade of white marble, transparent glass, and architectural concrete. It boasts ceiling heights of 14 feet and incorporates biophilic design elements like landscaped outdoor terraces and a triple-height atrium.
The crowning glory is the rooftop space, offering panoramic views of the ocean and Miami Beach. The building is not just about aesthetics; it is also designed to meet LEED certification standards, emphasizing sustainability.
Art Basel 2023 is Officially Underway in Miami Beach
Miami Art Week commenced on Tuesday with a series of VIP openings, attracting a sophisticated crowd of collectors and art aficionados. Following a successful season of art auctions in November, the excitement was palpable as attendees navigated the array of prestigious events across the city. Highlights included UNTITLED, Design Miami/, NADA, and the renowned Art Miami and CONTEXT fairs.
The pre-event buzz was justified by impressive advance ticket sales for both Art Basel Miami Beach and Art Miami, signaling a strong market. Nick Korniloff, the director of Art Miami, CONTEXT, and Aqua Art, reported a remarkable surge in demand, with sales doubling from the previous year.
The economic impact of Art Week is substantial, estimated at around $500 million, encompassing various sectors like hospitality, real estate, and transportation. This presents a unique opportunity for investors to explore the diverse economic benefits of the art world.
The early part of the week is reserved for VIPs, offering an exclusive glimpse into the art world’s finest offerings. Art Miami and CONTEXT, in particular, are known for showcasing secondary-market art, presenting a chance for investors to acquire valuable pieces. This year’s highlight includes works by the late Colombian artist Fernand Botero, among other notable names.
Investors should note the trend of celebrities like Pierce Brosnan and Johnny Depp venturing into the art scene, showcasing their works at the fairs. This crossover between art and popular culture can often signify emerging market trends, offering unique investment opportunities.
NADA focuses on emerging artists, a sector that often signals upcoming trends in the art market. High demand and pricing at the fair suggest a strong market for new talents. The presence of artists at the fair provides an invaluable chance for direct engagement, offering insights into their works and potential growth.
Design Miami, celebrating its 19th year, blends art with design, showcasing works from over 40 galleries worldwide. This convergence offers a unique perspective for investors interested in the intersection of art, design, and culture.
From economic impact to exclusive VIP experiences and the potential of emerging artists, the event is a testament to the robustness and diversity of the art market.
Capitalizing on Luxury: The Perigon Miami Beach Sets a New Standard in Oceanfront Living
The Perigon, a paradigm of luxury real estate, is set to redefine the Miami Beach skyline. This exclusive 17-story condominium, a strategic collaboration between Mast Capital and Starwood Capital Group, is situated at a prime location on 5333 Collins Avenue. The Perigon represents just that with its OMA-designed architecture and Tara Bernerd’s sophisticated interior aesthetics. Each of the 73 residences, spanning 2,100 to 6,700 square feet, promises unparalleled opulence and privacy, further enhanced by eight private guest suites reserved for owners.
The groundbreaking for this elite property is anticipated in early 2024, with Moss Construction at the helm of the development. The current demolition of the former La Costa condominium is proceeding with precision, indicative of the meticulous planning and execution befitting such a high-caliber project. This careful dismantling is a precursor to the construction of a complex that will not only be a residence but a statement of luxury.
The Perigon’s allure extends beyond its architecture. It offers exclusivity with resident-only amenities, such as a waterfront restaurant led by Michelin-starred Chef Shaun Hergatt, and a private beach club. The units boast 10-foot ceilings, wraparound terraces with sweeping ocean views, and custom Italian kitchens with Sub-Zero Wolf appliances, embodying the very definition of luxury living.
The Perigon is targeting LEED Gold certification, showcasing a commitment to environmental excellence. Set to be completed in 2026 with starting prices of $4.25 million.
The Perigon offers a compelling opportunity for investment in one of Miami Beach’s most luxurious upcoming developments.
Art Basel Miami Beach 2023: A Kaleidoscope of Contemporary Creativity
As Fall begins to draw to a close in Miami, the art world turns its gaze to the annual spectacle that is Art Basel Miami Beach. In 2023, this illustrious event continues to be a beacon for art enthusiasts, collectors, and cultural connoisseurs from around the globe. Art Basel Miami Beach is not just an art fair; it’s a cultural phenomenon that transforms the city into a canvas of modern imagination and a stage for avant-garde expression.
Art Basel, which originated in Basel, Switzerland, has become synonymous with the contemporary art scene. Its expansion to Miami Beach has created a unique fusion of artistic innovation and Miami’s eclectic energy. The fair typically takes place at the Miami Beach Convention Center, but its presence is felt throughout the city with satellite shows, pop-up galleries, and exclusive events that make the entire week an immersive experience.
What to Expect in 2023
The 2023 edition of Art Basel Miami Beach promises an array of experiences that cater to the diverse tastes of its international audience. Here’s what attendees can anticipate:
Global Galleries: With over 250 leading galleries from North America, Latin America, Europe, Asia, and Africa showcasing significant works from masters of modern and contemporary art, as well as a new generation of emerging stars, the variety is unparalleled. Paintings, sculptures, installations, photographs, films, and editioned works of the highest quality are on display, offering a comprehensive look at the art of today and tomorrow.
Sectors: The fair is divided into sectors, each offering a different perspective. ‘Galleries’ is the main sector, featuring established galleries’ most important works. ‘Positions’ allows curators, critics, and collectors to discover new talents, with each gallery presenting a major project by a single artist. ‘Nova’ is where new cutting-edge works are presented, created within the last three years. ‘Edition’ features leading publishers of editioned works and prints, and ‘Kabinett’ is a curated exhibition space within the galleries’ booths.
Conversations and Salon: Art Basel’s Conversations and Salon series provide a platform for dialogues and discussions on a range of topics, from the role of art in contemporary society to the dynamics of the art market. These sessions are led by prominent members of the art world: artists, curators, critics, and collectors.
Film: A sector dedicated to films by and about artists. Screenings take place inside the convention center and in the beautiful outdoor setting of SoundScape Park, where a monumental 7,000-square-foot projection wall brings the works to life.
Public Art: ‘Public’ brings sculptures and installations to the picturesque Collins Park, with works by leading and emerging international artists. It’s a chance to see how contemporary art interacts with the urban landscape.
Miami’s Local Art Scene: Beyond the convention center, Miami’s dynamic galleries, private collections, and museums join in with special exhibitions and events. The Design District, Wynwood, and the Museum Park are just a few of the areas where the spirit of Art Basel is echoed.
The Impact Beyond Art
Art Basel Miami Beach is more than an art fair; it’s a cultural event that spills into the streets, beaches, and businesses of Miami. Fashion shows, exclusive parties, and celebrity sightings add to the fair’s glamour, while discussions on sustainability, diversity, and cultural policy reflect its depth and relevance.
Art Basel Miami Beach 2023 is set to be a testament to the power of art to connect, challenge, and celebrate the human experience. It’s a place where the art community comes together to honor the past, present, and future of creative expression. Whether you’re a seasoned collector or a curious onlooker, the fair offers something to inspire and engage everyone who steps into its world of wonder.
As the event approaches, the anticipation builds for what is sure to be another unforgettable chapter in the history of Art Basel Miami Beach. Prepare to be dazzled by the art, the people, and the city, all coming together for a celebration of creativity that knows no bounds.
South Florida’s Luxury Real Estate Landscape: A Glimpse into the Recent Transactions of Industry Titans
In the ever-evolving world of South Florida’s luxury real estate market, industry leaders from diverse sectors have recently sealed some notable deals. These transactions span the tri-county region, with property values ranging from a commendable $7.8 million to a staggering $10 million.
In the heart of Miami Beach, renowned actor Marjorie O’Neill-Butler parted ways with her cherished waterfront residence, fetching a price of $8.3 million. The new owners of the property at 603 East Dilido Drive on the Venetian Islands are Marcio Pacheco Ferreira and Luciana Augusto Mattoso Ferreira. Pacheco Ferreira is a distinguished partner and senior portfolio manager at Pharo Management, a hedge fund headquartered in New York City. The property, a classic built in 1935, boasts five bedrooms, three bathrooms, two half-bathrooms, and luxurious amenities like a pool and a dock. It was initially listed for $9.5 million last year.
Venturing further into Miami-Dade County, a prominent figure from Disney’s elite circle, Rich Frank, along with Leslie Frank, invested $8.7 million in a condo situated at Estates at Acqualina. Rich Frank’s illustrious career includes his tenure as president of Disney Studios and later as chairman of Walt Disney Television and Telecommunications. The couple’s current venture is the acclaimed Frank Family Vineyards in Napa. This property has also seen other high-profile transactions, including those by a dairy magnate and a jeweler.
Lastly, in the exclusive Admirals Cove community in Jupiter, financiers Tim Garry and Amanda Link sold their waterfront residence for a cool $10 million. The property, now under the ownership of the CKMH Family Trust, is a modern marvel built in 2020. Garry, a pivotal figure at the New York City-based Senator Investment Group, had initially purchased this property in 2021 for $6.5 million.
These transactions underscore the dynamic nature of South Florida’s luxury real estate market, reflecting the preferences and investment strategies of industry moguls.
