Tag Archives: lofty

Lofty Brickell Skydeck

Rooftop Skydeck Design Revealed for Lofty Brickell

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Lofty Brickell Skydeck

Newgard Development Group has recently revealed designs for a rooftop sky deck on the 44th floor at Lofty Brickell.

The 10,000-square-foot space can host private events of all sizes, from intimate corporate get-togethers to wedding celebrations. The rooftop will have a catering kitchen, a private pool, modular couches, movable bars, and gorgeous vegetation. When events are not occurring, owners will have exclusive use of the area.

According to the newest press release, the project has reportedly been sold out more than 92% overall with a few penthouse units left, beginning at $2.2 million.

The 362-unit LOFTY, designed by Arquitectonica, has 40,000 square feet of thoughtfully chosen amenities, including a private marina, a members-only social club, resort pool deck, and fitness center, indoor/outdoor cigar lounge, co-working lounge, meeting rooms, along with 309 tower residences, including studio, one-, and two-bedroom units.

The 53-unit Penthouse Collection at LOFTY features roomy two-, three-, and three-bedroom plus den apartments that have been carefully selected and will be outfitted by renowned design firm Artefacto. Penthouses range from $1.95 million to $3.5+ million.

A 5-star alternative for the owner and traveler who might choose to stay and own differently but does not want to give up the services and amenities of a hotel, LOFTY is the next evolution of condo ownership, located just across from Brickell City Centre. Each home will be delivered finished and furnished, and short-term rentals are allowed under professional supervision.

The 44 levels of upscale interiors at LOFTY were designed by INC, the multi-disciplinary INC Studio. The landscape designer is Urban Robot Associates.

The 44-story luxury condominium located at 99 SW Seventh St, Miami is now under construction on the Miami River. The new partnership with YUPIX is expected to boost interest in LOFTY even further.

If you or someone you know have an interest in purchasing at LOFTY, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at (786)247-6332.

Lofty Brickell New Renderings
Lofty Brickell Skydeck Restaurant
Lofty Brickell from the Miami River

Avra Estiatorio Opens Second South Florida Location at Lofty Brickell

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Lofty Brickell from the Miami River

Avra Estiatorio, a Greek eatery with a Manhattan origin, will open a second location in South Florida at the newest residential tower, Lofty Brickell.

Restaurateurs Nick Tsoulos, Nick Pashalis, and Marc Packer, the partners behind the upscale brand, have secured a lease for the bottom level of Brickell’s Lofty condo complex by Newgard Development Group.

The 15,000 square foot, 15-year contract, which has the possibility to be extended, can seat up to 300 patrons and a 3,000 square foot outdoor seating space with views of the Miami River. The triple net asking rent was $150 per square foot.

Once Lofty Brickell is complete, Ava Estiatorio will open. Only 1,500 square feet of retail space remain at the Lofty property after the Avra lease.

The first Avra Estiatorio restaurant debuted in New York’s East 48th Street in 2000. Now, the restaurant has three locations: two in Manhattan and one each in Beverly Hills.

The second South Florida location for Ava includes The Estates at Acqualina in Sunny Isles Beach which opened in November 2022.

Lofty Brickell from the Miami River

Lofty Brickell Condos Officially Breaks Ground

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Lofty Brickell from the Miami River

The official groundbreaking on the 44-story Lofty Brickell occurred this morning with Newgard Group in attendance and a celebratory champagne toast.

Lofty Brickell is a $300 million project with 362 condo units while 88% of the units already under contract.

Designed by internationally acclaimed, Arquitectonica, interiors will be designed by a New York-based interior design company INC New York. Developer Harvey Hernandez is also responsible for Brickell House and Centro towers. Hernandez purchased the Lofty lot for $50 million.

The contractor is named as Americaribe-Moriarty JV. According to a late October FAA approval, Lofty will soar to a height of 574 feet.

Lofty will feature a number of wonderful amenities including a butler service, rooftop pool, car service, and a 5-star restaurant that hasn’t been disclosed. This tower will also include a private marina with available docks for boating.

Building Amenities

  • Exotic resort pool with pool-side cabanas
  • Bar and grill on pool deck 24/7
  • Co-working lounge Private meeting rooms
  • Event room with exclusive terrace
  • A fully-equipped, state-of-the-art fitness center with HD TVs and wireless audio Private Peloton studios Yoga lounge and terrace
  • LOFTY Rooftop Experience

Residence Features

  • Urban luxury residences with modern open layouts from 485SF—930SF Studio, one and two-bedroom units
  • All residences are delivered fully finished and furnished specially curated by INC
  • Panoramic Miami River, and Miami skyline views
  • Private balconies for every residence
  • Corner units offer wrap-around balconies
  • High ceilings ranging from 9’ to 11’
  • Owner closets in every residence
  • Floor-to-ceiling sliding glass doors and sound-attenuating impact-resistant laminated glass throughout
  • Advanced technology Smart Building wiring for HD TV,
  • Multiple telephone /data lines and ultra-high-speed internet access
  • Individually controlled energy-efficient central air conditioning and heating system

Kitchen

  • Imported European cabinets with premium hardware and drawer pull
  • Top-of-the-line appliance package including stainless steel refrigerator, oven, cook-top, microwave, dishwasher, and sink disposal
  • Elegant imported stone countertops and backsplashes
  • Contemporary stainless steel under-mounted sink
  • High-arc gourmet faucet with integral sprayer

Master Bathroom

  • Imported European cabinets with premium hardware and drawer pulls
  • Elegant imported stone countertops and backsplashes
  • Custom-finished floors and walls in wet areas
  • Frameless glass shower enclosures Spacious, extra-depth soaking tubs
  • Premium European-style fixtures and accessories

Beyond the initial Lofty tower, there are plans for additional expansion. In September, utilities for 782 residential apartments, 11,364 square feet of restaurant space, and 13,928 square feet of commercial space were secured.

If you or someone you know have an interest in purchasing at Lofty Brickell, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at 786-247-6332.

Lofty Brickell from the Miami River

Developer for Lofty Brickell File Construction Permit

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Lofty Brickell from the Miami River

Miami’s Building Department is currently processing a construction permit to allow work to start on the 43-story Lofty Brickell tower.

Since the entire tower designs don’t yet appear to have been submitted, they aren’t currently being examined. However, it appears that on October 27th, the projected $420,000 in permit fees were paid in full.

A total of 362 residential units are being developed, per the permit application.

Designed by internationally acclaimed, Arquitectonica, interiors will be designed by a New York-based interior design company INC New York. Developer Harvey Hernandez is also responsible for Brickell House and Centro towers. Hernandez purchased the Lofty lot for $50 million.

The contractor is named as Americaribe-Moriarty JV. According to a late October FAA approval, Lofty will soar to a height of 574 feet.

Lofty will feature a number of wonderful amenities including a butler service, rooftop pool, car service, and a 5-star restaurant that hasn’t been disclosed. This tower will also include a private marina with available docks for boating.

Building Amenities

  • Exotic resort pool with pool-side cabanas
  • Bar and grill on pool deck 24/7
  • Co-working lounge Private meeting rooms
  • Event room with exclusive terrace
  • A fully-equipped, state-of-the-art fitness center with HD TVs and wireless audio Private Peloton studios Yoga lounge and terrace
  • LOFTY Rooftop Experience

Residence Features

  • Urban luxury residences with modern open layouts from 485SF—930SF Studio, one and two-bedroom units
  • All residences are delivered fully finished and furnished specially curated by INC
  • Panoramic Miami River, and Miami skyline views
  • Private balconies for every residence
  • Corner units offer wrap-around balconies
  • High ceilings ranging from 9’ to 11’
  • Owner closets in every residence
  • Floor-to-ceiling sliding glass doors and sound-attenuating impact-resistant laminated glass throughout
  • Advanced technology Smart Building wiring for HD TV,
  • Multiple telephone /data lines and ultra-high-speed internet access
  • Individually controlled energy-efficient central air conditioning and heating system

Kitchen

  • Imported European cabinets with premium hardware and drawer pull
  • Top-of-the-line appliance package including stainless steel refrigerator, oven, cook-top, microwave, dishwasher, and sink disposal
  • Elegant imported stone countertops and backsplashes
  • Contemporary stainless steel under-mounted sink
  • High-arc gourmet faucet with integral sprayer

Master Bathroom

  • Imported European cabinets with premium hardware and drawer pulls
  • Elegant imported stone countertops and backsplashes
  • Custom-finished floors and walls in wet areas
  • Frameless glass shower enclosures Spacious, extra-depth soaking tubs
  • Premium European-style fixtures and accessories

Beyond the initial Lofty tower, there are plans for additional expansion. In September, utilities for 782 residential apartments, 11,364 square feet of restaurant space, and 13,928 square feet of commercial space were secured.

If you or someone you know have an interest in purchasing at Lofty Brickell, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at 786-247-6332.

Lofty Brickell from the Miami River

Developers for Lofty Brickell Acquire $170 Million Construction Loan

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Lofty Brickell from the Miami River

Newgard Development Group, the Miami-based real estate company led by Harvey Hernandez recently acquired a $170 million construction loan for Lofty Brickell.

Lofty Brickell is a 44-story apartment tower that is a component of a three-building and marina project proposed by the Coconut Grove-based 3650 REIT. The 1.6-acre construction site located at 99 Southwest Seventh Street on the Miami River.

According to the press release, Lofty Brickell will contain a private marina, a members-only social club, and an NFT art collection for unit owners.

Similar to its sister tower, NATIIVO (which sold out less in less than a year) Lofty will feature 380 units of fully finished and furnished interiors that will be available for rent nightly, daily, and/or monthly. Residents will have the option of self-managing their units (VRBO or Airbnb) or using Lofty’s onsite management. 

Rising 44 stories, Lofty will feature studio, 1, and 2 bedroom floor plans with 485 to 930 square feet options. Pricing starts at $493k for a studio. There will also be available penthouses but the information hasn’t been released as of now.

Designed by internationally acclaimed, Arquitectonica, interiors will be designed by a New York-based interior design company INC New York. Developer Harvey Hernandez is also responsible for Brickell House and Centro towers. Hernandez purchased Lofty lot for $50 million

Lofty will feature a number of wonderful amenities including a butler service, rooftop pool, car service, and a 5-star restaurant that hasn’t been disclosed. This tower will also include a private marina with available docks for boating.

Building Amenities

  • Exotic resort pool with pool-side cabanas
  • Bar and grill on pool deck 24/7
  • Co-working lounge Private meeting rooms
  • Event room with exclusive terrace
  • A fully-equipped, state-of-the-art fitness center with HD TVs and wireless audio Private Peloton studios Yoga lounge and terrace
  • LOFTY Rooftop Experience

Residence Features

  • Urban luxury residences with modern open layouts from 485SF—930SF Studio, one and two-bedroom units
  • All residences are delivered fully finished and furnished specially curated by INC
  • Panoramic Miami River, and Miami skyline views
  • Private balconies for every residence
  • Corner units offer wrap-around balconies
  • High ceilings ranging from 9’ to 11’
  • Owner closets in every residence
  • Floor-to-ceiling sliding glass doors and sound attenuating impact-resistant laminated glass throughout
  • Advanced technology Smart Building wiring for HD TV,
  • Multiple telephone /data lines and ultra-high-speed internet access
  • Individually controlled energy-efficient central air conditioning and heating system

Kitchen

  • Imported European cabinets with premium hardware and drawer pulls
  • Top of the line appliance package including stainless steel refrigerator, oven, cook-top, microwave, dishwasher and sink disposal
  • Elegant imported stone countertops and backsplashes
  • Contemporary stainless steel under-mounted sink
  • High-arc gourmet faucet with integral sprayer

Master Bathroom

  • Imported European cabinets with premium hardware and drawer pulls
  • Elegant imported stone countertops and backsplashes
  • Custom-finished floors and walls in wet areas
  • Frameless glass shower enclosures Spacious, extra-depth soaking tubs
  • Premium European-style fixtures and accessories

Eighty percent of the tower’s units are under contract and Newgard anticipates starting construction in the fourth quarter of this year. When Newgard paid $50.5 million for the Brickell-area property in September, 3650 REIT also gave the developer a $55 million acquisition loan. The new construction loan was obtained by Lotus Capital Partners under the direction of Faisal Ashraf.

If you or someone you know have an interest in purchasing at Lofty Brickell, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at 786-247-6332.

Lofty Brickell from the Miami River

Lofty Brickell Begins Demolition with Tower Construction Beginning 4th Quarter of 2022

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Lofty Brickell from the Miami River

Lofty Brickell launched sales in 2021 and officially reached 50% sold in February 2022. Now, site demolition is now underway with the tower construction scheduled for the end of 2022.

Approval for the demolition was received on April 28th. This demolition would be for the entire building site where 20,000 square feet of space would be demolished. The estimated cost of the demolition is $105,400.

TBRC Group is listed as the demolition contractor and there is not a current construction permit pending or filed.

Similar to its sister tower, NATIIVO (which sold out less in less than a year) Lofty will feature 380 units of fully finished and furnished interiors that will be available for rent nightly, daily, and/or monthly. Residents will have the option of self-managing their units (VRBO or Airbnb) or using Lofty’s onsite management. 

Rising 44 stories, Lofty will feature studio, 1, and 2 bedroom floor plans with 485 to 930 square feet options. Pricing starts at $493k for a studio. There will also be available penthouses but the information hasn’t been released as of now.

Designed by internationally acclaimed, Arquitectonica, interiors will be designed by a New York-based interior design company INC New York. Developer Harvey Hernandez is also responsible for Brickell House and Centro towers. Hernandez purchased Lofty lot for $50 million

Lofty will feature a number of wonderful amenities including a butler service, rooftop pool, car service, and a 5-star restaurant that hasn’t been disclosed. This tower will also include a private marina with available docks for boating.

Building Features

  • The 40-story landmark building designed by internationally acclaimed architecture firm, Arquitectonica
  • Prime Brickell location is steps from Brickell City Center
  • Short-term rentals permitted as-of-right
  • Spectacular panoramic Miami River, Brickell, and Miami skyline views
  • 2 Story lobby with floor to ceiling windows 24-hour welcome desk with concierge 24-hour valet parking 24-hour secure access Advanced technology smart-building with high-speed fiber-optic wireless internet access throughout common areas
  • Exclusive LOFTY app
  • Cutting-edge green building technology
  • 6 high-speed passenger elevators with access control
  • On-site hospitality management Curated River-front restaurant with outdoor dining terrace

Building Amenities

  • Exotic resort pool with pool-side cabanas
  • Bar and grill on pool deck 24/7
  • Co-working lounge Private meeting rooms
  • Event room with exclusive terrace
  • A fully-equipped, state-of-the-art fitness center with HD TVs and wireless audio Private Peloton studios Yoga lounge and terrace
  • LOFTY Rooftop Experience

Residence Features

  • Urban luxury residences with modern open layouts from 485SF—930SF Studio, one and two-bedroom units
  • All residences are delivered fully finished and furnished specially curated by INC
  • Panoramic Miami River, and Miami skyline views
  • Private balconies for every residence
  • Corner units offer wrap-around balconies
  • High ceilings ranging from 9’ to 11’
  • Owner closets in every residence
  • Floor-to-ceiling sliding glass doors and sound attenuating impact-resistant laminated glass throughout
  • Advanced technology Smart Building wiring for HD TV,
  • Multiple telephone /data lines and ultra-high-speed internet access
  • Individually controlled energy-efficient central air conditioning and heating system

Kitchen

  • Imported European cabinets with premium hardware and drawer pulls
  • Top of the line appliance package including stainless steel refrigerator, oven, cook-top, microwave, dishwasher and sink disposal
  • Elegant imported stone countertops and backsplashes
  • Contemporary stainless steel under-mounted sink
  • High-arc gourmet faucet with integral sprayer

Master Bathroom

  • Imported European cabinets with premium hardware and drawer pulls
  • Elegant imported stone countertops and backsplashes
  • Custom-finished floors and walls in wet areas
  • Frameless glass shower enclosures Spacious, extra-depth soaking tubs
  • Premium European-style fixtures and accessories

Construction completion date is anticipated for 2024. If you or someone you know have an interest in purchasing at Lofty Brickell, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at 786-247-6332.

Lofty Brickell

LOFTY Club Residences Debuts in February-50% of Units Reserved

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Lofty Brickell

Lofty Club Residences will officially debut on February 17th with the grand opening of the brand’s sales lounge. As of this month, the project has reached 50% reserved and continues to climb.

Similar to its sister tower, NATIIVO (which sold out less in less than a year) Lofty will feature 380 units of fully finished and furnished interiors that will be available for rent nightly, daily, and/or monthly. Residents will have the option of self-managing their units (VRBO or Airbnb) or using Lofty’s onsite management.

Rising 44 stories, Lofty will feature studio, 1, and 2 bedroom floor plans with 485 to 930 square feet options. Pricing starts at $493k for a studio. There will also be available penthouses but the information hasn’t been released as of now.

Designed by internationally acclaimed, Arquitectonica, interiors will be designed by a New York-based interior design company INC New York. Developer Harvey Hernandez is also responsible for Brickell House and Centro towers. Hernandez purchased Lofty lot for $50 million

Lofty will feature a number of wonderful amenities including a butler service, rooftop pool, car service, and a 5-star restaurant that hasn’t been disclosed. This tower will also include a private marina with available docks for boating.

Building Features

  • The 40-story landmark building designed by internationally acclaimed architecture firm, Arquitectonica
  • Prime Brickell location is steps from Brickell City Center
  • Short-term rentals permitted as-of-right
  • Spectacular panoramic Miami River, Brickell, and Miami skyline views
  • 2 Story lobby with floor to ceiling windows 24-hour welcome desk with concierge 24-hour valet parking 24-hour secure access Advanced technology smart-building with high-speed fiber-optic wireless internet access throughout common areas
  • Exclusive LOFTY app
  • Cutting-edge green building technology
  • 6 high-speed passenger elevators with access control
  • On-site hospitality management Curated River-front restaurant with outdoor dining terrace

Building Amenities

  • Exotic resort pool with pool-side cabanas
  • Bar and grill on pool deck 24/7
  • Co-working lounge Private meeting rooms
  • Event room with exclusive terrace
  • A fully-equipped, state-of-the-art fitness center with HD TVs and wireless audio Private Peloton studios Yoga lounge and terrace
  • LOFTY Rooftop Experience

Residence Features

  • Urban luxury residences with modern open layouts from 485SF—930SF Studio, one and two-bedroom units
  • All residences are delivered fully finished and furnished specially curated by INC
  • Panoramic Miami River, and Miami skyline views
  • Private balconies for every residence
  • Corner units offer wrap-around balconies
  • High ceilings ranging from 9’ to 11’
  • Owner closets in every residence
  • Floor-to-ceiling sliding glass doors and sound attenuating impact-resistant laminated glass throughout
  • Advanced technology Smart Building wiring for HD TV,
  • Multiple telephone /data lines and ultra-high-speed internet access
  • Individually controlled energy-efficient central air conditioning and heating system

Kitchen

  • Imported European cabinets with premium hardware and drawer pulls
  • Top of the line appliance package including stainless steel refrigerator, oven, cook-top, microwave, dishwasher and sink disposal
  • Elegant imported stone countertops and backsplashes
  • Contemporary stainless steel under-mounted sink
  • High-arc gourmet faucet with integral sprayer

Master Bathroom

  • Imported European cabinets with premium hardware and drawer pulls
  • Elegant imported stone countertops and backsplashes
  • Custom-finished floors and walls in wet areas
  • Frameless glass shower enclosures Spacious, extra-depth soaking tubs
  • Premium European-style fixtures and accessories

Harvey Hernandez, CEO of Newgard Development Group, “Buyer’s desire for new ways to own and use real estate assets, paired with favorable locations and economics, are nurturing investment growth in our properties.”

The groundbreaking is expected to begin in quarter 4 of 2022. The construction completion date is expected in 2024. If you or someone you know have an interest in purchasing at Lofty Brickell, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at 786-247-6332.

New Construction Towers in Brickell

Developer Announces Sales for New Brickell Tower – Lofty Brickell

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New Construction Towers in Brickell

A new residential tower, Lofty Brickell, will be launching sales soon! The tower will rise 34 stories high, overlooking the river, and will feature 320 fully furnished and finished units.

These units will be ‘turnkey’ and are fully licensed for daily, weekly, and monthly short-term rentals. Owners can utilize platforms like AirBnb, VRBO, as well as manage on their own.

The units will feature 800 to 1,200 square-foot floor plans with studio to 2 bedrooms options. Prices will start in the low $500,000 with increases based on floor plans and upgrades.

Lofty Brickell will be similar to other Downtown Miami towers including, E11EVEN, Legacy Miami Worldcenter, and Natiivo.

Lofty Brickell

Developer, Harvey Hernandez recently closed on the lot for $50+ million. Hernandez is responsible for Centro and Brickell House.

With the announcement of this new tower comes some controversy. The current development site holds KLA Schools of Brickell and sources have reported an ‘early eviction’ although their lease expires December 2021.

Building Features

  • 35-story landmark building designed by internationally acclaimed architecture firm, Arquitectonica
  • Prime Brickell location in steps from Brickell City Center
  • Short-term rentals permitted as-of-right
  • Spectacular panoramic Miami River, Brickell and Miami skyline views
  • 2 Story lobby with floor to ceiling windows 24-hour welcome desk with concierge 24-hour valet parking 24-hour secure access Advanced technology smart-building with high-speed fiber-optic wireless internet access through out common areas
  • Exclusive LOFTY app
  • Cutting-edge green building technology
  • 6 high-speed passenger elevators with access control
  • On-site hospitality management Curated River-front restaurant with outdoor dining terrace

Building Amenities

  • Exotic resort pool with pool-side cabanas
  • Bar and grill on pool deck 24/7
  • Co-working lounge Private meeting rooms
  • Event room with exclusive terrace
  • Fully-equipped, state-of-the-art fitness center with HD TVs and wireless audio Private Peloton studios Yoga lounge and terrace
  • LOFTY Rooftop Experience

Residence Features

  • Urban luxury residences with modern open layouts from 485SF—930SF Studio, one and two bedroom units
  • All residences are delivered fully finished and furnished specially curated by INC
  • Panoramic Miami River, and Miami skyline views
  • Private balconies for every residence
  • Corner units offer wrap-around balconies
  • High ceilings ranging from 9’ to 11’
  • Owner closets in every residence
  • Floor-to-ceiling sliding glass doors and sound attenuating impact-resistant laminated glass throughout
  • Advanced technology Smart Building wiring for HD TV,
  • Multiple telephone /data lines and ultra-high-speed internet access
  • Individually controlled energy-efficient central air conditioning and heating system

Kitchen

  • Imported European cabinets with premium hardware and drawer pulls
  • Top of the line appliance package including stainless steel refrigerator, oven, cook-top,microwave, dishwasher and sink disposal
  • Elegant imported stone countertops and backsplashes
  • Contemporary stainless steel under-mounted sink•High-arc gourmet faucet with integral sprayer

Master Bathroom

  • Imported European cabinets with premium hardware and drawer pulls
  • Elegant imported stone countertops and backsplashes
  • Custom-finished floors and walls in wet areas
  • Frameless glass shower enclosures Spacious, extra-depth soaking tubs
  • Premium European-style fixtures and accessories

The project located in the heart of Brickell will include a private marina on the river with an expansive dock for boating.

Sales for a select few have started with anticipation public sales date soon. Construction completion date is expected in 2024.