Expanding Horizons: Morabito Properties’ Wyncatcher Development in Wynwood
In the vibrant heart of Miami’s Wynwood Arts District, a new chapter in urban transformation is unfolding. Morabito Properties, led by developer Valerio Morabito, has embarked on an ambitious expansion of their Wyncatcher development, adding another dimension to the dynamic landscape of this iconic neighborhood.
The recent acquisition of an adjacent warehouse at 2150 NW Miami Court marks a significant milestone for Morabito Properties. This strategic move amplifies the firm’s commitment to redefining urban spaces, breathing new life into forgotten structures. With the support of a $35 million loan from BridgeInvest, Morabito Properties is poised to reimagine Wynwood’s skyline, one building at a time.
Wyncatcher is not just a development; it’s a testament to the fusion of creativity and functionality. Designed to blend seamlessly with Wynwood’s artistic flair, Wyncatcher embodies the spirit of adaptive reuse, transforming once-abandoned spaces into thriving hubs of activity. The existing Wyncatcher I, a boutique mixed-use property, is a testament to this ethos, boasting a distinctive facade adorned with murals by acclaimed artist VHILS.
Now, with the addition of Wyncatcher II, Morabito Properties is poised to set new standards in commercial innovation. Collaborating with Vagabond Architecture, known for their expertise in retrofitting existing buildings, the new structure will redefine the concept of contemporary workspace. From dynamic event spaces to cutting-edge offices and vibrant retail outlets, Wyncatcher II will cater to the diverse needs of Wynwood’s burgeoning community.
At the heart of this development lies a commitment to fostering collaboration and growth. Knotel, a flexible workspace operator backed by Newmark, has already committed to leasing Wyncatcher I, signaling confidence in Wynwood’s future as a premier business destination. With its elegant design and prime location, Wyncatcher I promises to be a magnet for innovation and creativity, offering a home for forward-thinking companies seeking to thrive in Wynwood’s dynamic ecosystem.
Valerio Morabito, CEO of Morabito Properties, encapsulates the vision driving this ambitious project. “Wynwood has evolved into a cultural hub where people want to spend their days,” he remarks. “Wyncatcher will be the community for it all.” Indeed, as Wynwood continues to attract millions of visitors annually, the expansion of Wyncatcher heralds a new era of growth and opportunity for this vibrant neighborhood.
BridgeInvest, the financing partner behind this endeavor, shares Morabito Properties’ vision for Wynwood’s future. Managing Partner Alex Horn highlights the synergy between creative financing and innovative development, underscoring the transformative impact of projects like Wyncatcher on the fabric of Wynwood’s urban landscape.
From its humble beginnings as a warehouse district, Wynwood has blossomed into a global destination for art, fashion, and innovation. With leading tech companies and top-tier hospitality offerings, Wynwood is a testament to Miami’s dynamism and diversity. And as the neighborhood continues to evolve, projects like Wyncatcher serve as beacons of progress, reshaping the city’s skyline and redefining urban living for generations to come.
Sales Launch for Domus Brickell Park Miami
We are thrilled to announce the launch of sales for Domus Brickell Park, the latest milestone in luxury condominium development brought to you by North Development—a joint venture between Miami developer Ricardo Dunin’s Oak Capital and Peru’s Edifica. This exciting project marks the second condominium under the Domus brand and showcases the unique FLATS concept (Flexible Apartments for Temporary Stays), designed to revolutionize urban living.
Situated in the heart of Miami’s prestigious Brickell financial corridor, Domus Brickell Park will rise 35 stories high, featuring 579 meticulously designed units. This prime location at 1034 SW 2nd Avenue places residents at the epicenter of vibrant city life, surrounded by major banks, corporate headquarters, trendy restaurants, shopping centers, and recreational venues.
Domus Brickell Park promises an exceptional living experience with an array of world-class amenities:
The Cypress Room: A luxurious 4,000-square-foot gathering space featuring a café, wine bar, and artisanal market with gourmet fare.
High-Touch Services: 24-hour concierge, valet attendants, and a dedicated customer service line.
Wellness and Recreation: A seventh-floor gym with an outdoor terrace, rooftop yoga deck, rooftop bar, pool, sky deck, cabanas with day beds, hot tub, and a lush garden lounge.
Technology and Convenience: The Domus FLATS App for seamless check-ins, room and elevator access, and more.
The FLATS concept, coined by Ricardo Dunin, is garnering praise for its innovative approach to short-term rental-friendly offerings, rooted in high-end hospitality. Domus Management, a bespoke management company created by Dunin, ensures that each property adheres to top-tier brand standards, providing a comprehensive, customer-centric experience.
The design team for Domus Brickell Park includes Studio Mc+G Architecture, known for their work on the iconic Delano South Beach hotel, and Urban Robot Associates, specialists in urban design, interiors, and landscape architecture. The building is a wellness-focused ‘green’ structure featuring ultraviolet (UV) water purification, air filtration systems, and EV charging stations.
Residents of Domus Brickell Park will enjoy unparalleled access to transportation, with the Brickell Metromover station just one block away. This connection links to the Miami Metrorail and the Brightline high-speed train, making travel to Orlando a breeze. The building’s location also offers stunning high-floor views of the cityscape and Biscayne Bay, and proximity to Southside Park, multiple greenspaces, and The Underline—a 10-mile linear park with numerous amenities.
Starting from the low $500,000’s to $1.5 million, Domus Brickell Park offers studio, one-, and two-bedroom FLATS featuring nine-foot ceilings, private balconies, keyless entry smart lock systems, premium appliances, and in-unit washers and dryers. This competitively priced property is poised to be a standout in the Brickell market.
Domus Brickell Park is slated for completion at the end of 2027, promising to be a landmark of luxury and innovation in Miami.
Swire Properties Unveils $100 Million Duplex Penthouse at The Residences at Mandarin Oriental
The latest addition to Miami’s upscale real estate scene is Mandarin Oriental, which, in collaboration with Swire Properties, has launched sales for The Residences at Mandarin Oriental, Miami. This development features 228 luxury branded residences within an 800-foot tower on Brickell Key, just moments away from Miami’s bustling center.
These residences are just a part of the brand’s grand vision to transform this secluded island sanctuary into an unmatched residential and hospitality destination. The South Tower will house The Residences at Mandarin Oriental, Miami, while the North Tower is set to become the new North American flagship Mandarin Oriental hotel, connected by a beautifully landscaped podium.
Among the first properties available is the development’s $100 million duplex penthouse. The penthouse offers 23,000 square feet of living space, including 7,000 square feet of private outdoor space.
With 30-foot-high ceilings, interiors by designer Tristan Auer, and unparalleled views of the city skyline from nearly 800 feet above, this residence epitomizes elevated living. The property features multiple outdoor dining and entertainment areas and a sky cabana that can serve as an additional bedroom. The infinity pool, one of Miami’s highest, adds to the allure for those who love heights.
Luxury Residences for Sale
The South Tower offers a range of luxurious residences:
Two-bedrooms starting at $4.9 million
Three-bedrooms starting at $5.8 million
Four-bedrooms starting at $10.5 million
Five-bedrooms starting at $17.5 million
The North Tower: A New Flagship Hotel
The North Tower will house the new Mandarin Oriental hotel, featuring:
121 rooms
A signature Spa at Mandarin Oriental
Multiple intimate fine-dining and al fresco restaurants
This tower will also offer an additional 66 private residences and 28 hotel residences, with sales set to launch later this year.
The Future of Branded Residences in Miami
The branded residence trend continues to gain momentum in Miami, blending luxury living with prestigious brands. With properties like The Residences at Mandarin Oriental, Miami, the city is setting new standards for high-end urban living, offering residents unparalleled luxury and world-class amenities.
Wynwood Welcomes Major Retail Expansion with Prominent Developers
In a significant move for the Wynwood Art District’s commercial landscape, a trio of influential development firms—Lion Development Group led by Michael Simkins, LNDMRK Development led by Alex Karakhanian, and Tricera Capital led by Ben Mandell—has jointly acquired 32,000 square feet of prime ground-floor retail space at the Society Wynwood complex. The deal, valued at $22.5 million, marks a pivotal development in one of Miami’s most vibrant neighborhoods.
Prior to the closing, Tricera and LNDMRK had already signed four major leases, securing tenants for approximately 50% of the available space. This proactive leasing strategy brought in a diverse mix of businesses, including Starbucks, Nacho Daddy, Chama De Fogo Brazilian Steakhouse, and I Scream Gelato. These brands are not just filling space; they are set to enhance the local flavor and economic vitality of Wynwood.
The property, developed by Property Markets Group (PMG) and Greybrook, is situated at 2431 NW Second Ave., right in the heart of the Wynwood Art District. This location is pivotal, standing directly across from the iconic Wynwood Walls. “Wynwood’s growth over the last decade has been tremendous, and our team is excited to continue to play a role in elevating the community,” said Ben Mandell, CEO of Tricera Capital.
Alex Karakhanian of LNDMRK Development also shared his enthusiasm for the project: “We are excited to partner with Tricera and Lion on this transformative acquisition. The retail is situated in the core of the district, and continues to attract premium tenants that want to be part of this vibrant community.”
The retail portion of Society Wynwood, along with its nearly 300 modern residential units and private parking garage, positions the building as a premier destination within the district. This integration of living, leisure, and work space reflects the ongoing transformation of Wynwood into a dynamic urban neighborhood where culture and commerce meet.
With successful leasing already underway and more announcements expected soon, the new ownership is poised to continue its momentum. The addition of high-profile tenants like Starbucks, which will occupy approximately 2,600 square feet, and the unique dining experiences offered by Nacho Daddy, Chama De Fogo, and I Scream Gelato, Society Wynwood is set to become a key player in the area’s ongoing development.
Introducing Clear Residences in Downtown Miami
Toronto-based Blutrich Holdings, spearheaded by real estate mogul Gil Blutrich, is set to transform Downtown Miami’s skyline with their latest venture, Clear Residences. This ambitious project proposes a 60-story mixed-use building situated at 130 Southeast 1st Street, a prime location in the heart of the Central Business District.
Clear Residences is designed to be a nearly 690-foot-tall architectural marvel, encompassing approximately 666,432 square feet. The structure is planned by Kobi Karp Architecture & Interior Design, with landscape architecture by KEITH. The project aims to offer 549 residential units alongside 3,622 square feet of ground-floor commercial space. Furthermore, residents will enjoy nearly 40,000 square feet of amenities and a parking garage designed to hold 157 vehicles. The Miami Urban Development Review Board is expected to review the project proposal on May 15.
Currently, the site operates as a surface parking lot, covering about 23,750 square feet or 0.55 acres, bordered by SE 1st Street and SE 2nd Street, with SE 1st Avenue and SE 2nd Avenue flanking its sides.
The design of Clear Residences aims to blend seamlessly with the urban fabric of Downtown Miami while standing out with its modern architectural elements. The building is characterized by sleek, curved corners and a striking glass façade. A unique feature of the design is the building’s rooftop, which includes landscaped terraces that provide a stunning contrast to its linear structure, enhancing the visual appeal and reducing the massiveness of the tower.
The tower’s position within the city allows it to capture breathtaking views from Biscayne Bay towards the west, emphasizing its prominence in the city’s landscape. The architectural renderings reveal a structure that honors the area’s vibrancy while contributing to the skyline’s dynamic evolution.
Several detailed renderings showcase the building’s intricate fenestration and façade, which includes vertical columns wrapped in golden metal, wrap-around frameless glass guardrails, and floor-to-ceiling windows. The bronze aluminum cladding panels add a touch of elegance and modernity to the overall design.
Blutrich Holdings has requested several waivers to facilitate this project, including increased lot coverage and adjustments to building setbacks and frontage access. These requests are aligned with recent amendments to local zoning codes, aiming to accommodate the unique design and structural requirements of Clear Residences.
Clear Residences is poised to be a significant addition to Miami’s downtown area, offering luxury living combined with breathtaking designs and state-of-the-art amenities. As the review date approaches, all eyes will be on how this project will further shape the future of Miami’s urban landscape.
New Renderings Revealed for Mercedes Benz Places
Mercedes Benz Places tower just revealed new renderings of the stunning 67-story edifice that’s taking shape in the heart of Brickell. This reveal, strategically timed ahead of the Formula 1 Miami Grand Prix weekend, not only captured the essence of luxury and innovation but also marked a significant milestone in real estate developments.
From the outset, Mercedes Benz Places has been a beacon of architectural ambition and opulence. It’s no surprise that the tower has already set a sales record, with 100 units snapped up within the first four days of marketing. This brisk pace of sales underscores the high demand and prestige associated with owning a part of this iconic building.
The image reveal event was held at The Concours Club, providing an apt setting for unveiling a project that melds luxury with cutting-edge design. Attendees got their first look at the sophisticated aesthetic and architectural nuances of the tower. Notably, the building features giant Mercedes logos at the porte cochere and atop the rooftop pool, these design elements echo the luxury and excellence synonymous with the Mercedes brand.
The event was graced by notable figures including Toto Wolff, the CEO of Mercedes AMG Petronas F1 Team; Michael Stern, CEO of JDS Development; and Ryan Serhant, a renowned real estate mogul. Their presence highlighted the significant collaboration and vision that drives the Mercedes Benz Places project.
The Mercedes Benz Places tower in Brickell is more than just a high-rise; it’s a symbol of luxury living and architectural grandeur. As the tower rises, it promises to reshape the Miami skyline and offer an unmatched living experience. The enthusiastic reception of the new renderings is just a precursor to the transformative impact this tower will have on luxury real estate in Miami.
For those interested in a blend of luxury and performance, Mercedes Benz Places appears to be setting new standards on every front. As the construction progresses, all eyes will undoubtedly remain on this landmark project that’s poised to become one of the most coveted addresses in Miami.
Calle 8 in Brickell Submits Building Height Plans to FAA
Exciting developments are underway in Brickell, Miami, as plans for a towering addition to the skyline have taken a significant step forward. On April 12, filings detailing the proposed building heights for a new project were submitted to the Federal Aviation Administration (FAA), marking a pivotal moment in the city’s urban evolution.
According to the submissions, the proposed tower is set to soar to impressive heights, with plans indicating a staggering elevation of 737 feet above ground or 750 feet above sea level. This ambitious vision promises to reshape the skyline and further solidify Brickell’s reputation as a dynamic hub of architectural innovation.
The proposed tower is situated on the same site where the captivating 65-story structure, tentatively named Calle 8, is currently navigating through the approval process with Miami-Dade County planners. The synergy between these projects underscores the area’s momentum and the developers’ commitment to redefining urban living.
Behind this visionary endeavor is Millennium Developments of Brickell LLC, a developer renowned for its commitment to excellence and forward-thinking design. In addition to the FAA filings, the developer recently filed for a tree permit at the project site on March 19, signaling a holistic approach to sustainable development.
The plans outline a multifaceted space that seamlessly integrates commercial, cultural, and residential elements. Ground floor retail spaces will invigorate street-level activity, while a proposed performing arts venue or retail complex promises to enrich the cultural fabric of the community.
Spanning across 65 stories, the tower will house 464 residential units, offering unparalleled views of the cityscape and the bay. Beyond living spaces, the development will feature amenity spaces tailored to enhance the quality of life for residents, fostering a sense of community and well-being amidst the urban hustle.
As Brickell continues to evolve into a vibrant urban epicenter, developments like this underscore the neighborhood’s status as a global destination for living, working, and leisure. The proposed tower represents not only a physical manifestation of progress but also a testament to the collaborative spirit driving Miami’s growth.
With its bold design, strategic location, and thoughtful amenities, the proposed tower in Brickell promises to redefine the city skyline and elevate the standard of urban living. As the project progresses through regulatory channels, anticipation mounts for the unveiling of this iconic addition to Miami’s architectural landscape.
Miami’s skyline is about to welcome a new icon: JEM Private Residences. The Naftali Group, renowned for its commitment to quality and innovation, has officially broken ground on this ambitious project, setting a record pace for South Florida’s real estate development scene.
Located at 1016 Northeast 2nd Avenue in the vibrant Miami Worldcenter, JEM Private Residences is more than just a condominium complex—it’s a testament to modern luxury living. Rising over 700 feet with 67 stories, this architectural marvel is set to reshape the city’s skyline. Designed by the acclaimed Miami-based firm Arquitectonica and the esteemed New York City-based Rockwell Group, every aspect of JEM Private Residences exudes elegance and sophistication.
With 259 condo units on the upper levels, 530 multi-family units on the lower levels, ground-floor commercial space, and ample parking, it offers a diverse range of living options. And with a swift transition from market entry to construction commencement in under five months, Naftali Group has demonstrated its unwavering dedication to bringing this vision to life.
The groundbreaking event on Wednesday, April 6, was a celebration of innovation and collaboration. Hosted by Naftali Group, the event was attended by key figures in the industry, including Peggy Olin, CEO of OneWorld Properties; Commissioner Christine King; and the visionary minds behind the project, including Miki Naftali, Chairman and CEO of Naftali Group, Bernardo Fort-Brescia of Arquitectonica, and David Rockwell of Rockwell Group. The ceremonial shovel dig marked the official start of construction, signaling the beginning of a new era for Miami’s real estate landscape.
“We are proud to reach this milestone in record time for Miami,” said Miki Naftali. “JEM Private Residences will redefine luxury living and become an integral part of Miami’s evolving landscape, offering residents an unparalleled lifestyle experience in an incredible location.”
But JEM Private Residences is more than just a building—it’s a work of art inspired by the ocean. The design, characterized by wraparound terraces and wood accents, seamlessly blends indoor and outdoor living, creating a welcoming environment that reflects the beauty of its surroundings. With landscape architecture by EDSA, the development promises to elevate the city’s ambiance, offering residents a retreat from the hustle and bustle of urban life.
Inside, meticulous attention to detail defines every space. From bespoke millwork cabinetry to Calacatta stone countertops, the interiors exude luxury at every turn. The lobby, adorned with custom-sculpted plaster walls and bronze accents, sets the tone for what lies beyond—a 50th-floor amenity suite that rivals the world’s finest resorts. With a Sky Lounge, outdoor pool, fitness center, spa suite, and more, residents will enjoy a lifestyle of unparalleled luxury and convenience.
As construction progresses, anticipation for JEM Private Residences continues to grow. With completion expected in 2027, this landmark development is poised to redefine Miami’s skyline and set a new standard for luxury living in the Magic City. From groundbreaking to completion, Naftali Group’s commitment to excellence ensures that JEM Private Residences will be nothing short of extraordinary.
Introducing Domus FLATS: A New Condo-Hotel Experience in Miami’s Brickell Financial District
Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, recently made headlines with its $54.56 million construction loan to the developer of a groundbreaking condominium-hotel project in Miami’s Brickell Financial District. This development, known as Domus Brickell Park, promises to redefine the hospitality landscape in the area.
Domus Brickell Park is not just another real estate project; it’s a vision brought to life by the collaborative efforts of renowned architects Zyscovich Architects and interior designers Urban Robot Associates. The 12-story, 172-unit structure will house the innovative Domus FLATS brand, offering Flexible Apartments for Temporary Stays—a concept tailored to meet the demands of modern living.
The brainchild of North Development—a joint venture between Oak Capital, led by Ricardo Dunin, and Edifica, a prominent developer from Peru—Domus Brickell Park represents a fusion of international expertise and local insight. Its prime location at 1611 Southwest Second Avenue further adds to its allure, nestled within the vibrant heart of Miami’s bustling financial district.
Forman Capital’s involvement in the project marks a significant milestone, representing the first transaction between the sponsors and the lending institution. Partnering with Forman Capital, North Development secured the necessary financial support to realize their vision.
According to Ben Jacobson, Partner at Forman Capital, the collaboration holds promise for a long-term relationship. He expressed excitement about Domus FLATS at Brickell Park, emphasizing Forman Capital’s unique ability to swiftly execute construction financing transactions for such innovative developments.
What sets Domus FLATS apart is its unparalleled flexibility. Units within the development can serve as primary residences or be utilized for short-term rentals, offering buyers the freedom to tailor their investment according to their needs. Additionally, all units come fully furnished, providing a seamless transition for residents and guests alike.
Buyers opting to rent their units can leverage Domus’s comprehensive property management services and reservation system, which offers access to over 85 sales channels. With unit prices ranging from the $500,000s to $1.2 million, Domus FLATS promises luxury living with a touch of versatility.
Ricardo Dunin, Founding Partner of North Development, lauded the seamless collaboration with Forman Capital, citing their unwavering support and dedication throughout the financing process. He sees the successful financing as a testament to the market’s confidence in the Domus Brickell Park project and the Domus FLATS brand.
Scott Mehlman, Chief Investment Officer at Forman Capital, echoed Dunin’s sentiments, emphasizing the significance of the partnership and the potential for growth. He highlighted the transaction’s complexity and international scope, underscoring Forman Capital’s capability to navigate such challenges effectively.
As construction progresses and anticipation builds, Domus FLATS is poised to make its mark on Miami’s hospitality scene. With its blend of innovative design, strategic location, and unmatched flexibility, it stands as a beacon of modern living in the heart of Brickell.
Melo Group’s Aria Reserve Reaches New Heights with South Tower Topping Off
Miami’s skyline is set for a stunning addition as Melo Group achieves a significant milestone in its Aria Reserve development. The much-anticipated South Tower has reached its pinnacle at an impressive 62 stories, marking a pivotal moment in the project’s journey.
The South Tower’s topping off signifies not only a remarkable architectural achievement but also a testament to the efficiency and dedication of the Melo Group. However, this is only half of the narrative; the North Tower, currently under construction, is poised to match its counterpart’s height upon completion.
What’s truly remarkable is the pace at which Aria Reserve is progressing. Despite the ambitious scale of the project, both towers are on track to be fully completed within an unprecedented three-year timeframe from groundbreaking. Such efficiency speaks volumes about Melo Group’s commitment to delivering exceptional quality without compromising on speed.
Excitement mounts as the project gears up for its first deliveries within the next year. For those eagerly awaiting the opportunity to call Aria Reserve home, the wait is almost over.
The buzz surrounding Aria Reserve is not without merit. With over 95% of the South Tower already sold and the North Tower not far behind at 85%, it’s evident that this development has struck a chord with discerning buyers. The decision to lower the deposit requirement to 20% further reflects Melo Group’s responsiveness to market dynamics and its commitment to making luxury living accessible.
As Aria Reserve continues to captivate the real estate landscape, speculation abounds about future projects under the Aria brand. Martin Melo, Co-Principal of Melo Group, hints at the possibility, affirming Aria’s success as a luxury brand and signaling long-term plans for its expansion. With such promising beginnings, the future looks bright for Aria’s legacy.
As the South Tower proudly stands tall, overlooking Miami’s vibrant skyline, it’s a testament not only to Melo Group’s prowess as developers but also to the enduring appeal of Aria Reserve. With milestones surpassed and records broken, the journey towards redefining luxury living in Miami continues, promising an exciting future for residents and investors alike.
