Ella Miami Beach has officially commenced construction, according to an announcement on the development’s social media account. This milestone marks a significant step forward for the highly anticipated residential project set to redefine luxury living in North Beach.
The boutique development will feature 103 residential units, offering short-term rental flexibility to cater to modern buyers seeking both investment opportunities and a sophisticated coastal lifestyle. Rising 10 stories, Ella Miami Beach is designed by the renowned architecture firm Arquitectonica, known for their visionary approach to contemporary urban design.
Previously, the developer described Ella’s architectural concept as a seamless blend of classic Art Deco curves with sleek, modern 21st-century lines. This unique aesthetic is expected to pay homage to Miami Beach’s iconic heritage while infusing the neighborhood with a fresh, cutting-edge design.
Located in North Beach, a vibrant and rapidly evolving district, Ella Miami Beach is set to contribute to the area’s resurgence as a sought-after destination. With its groundbreaking now complete, anticipation continues to build as the project progresses toward completion.
Loews Corporation is poised to receive a $305 million refinancing package for its premier oceanfront Miami Beach resort. The financing, which backs the 5-acre, 790-key hotel located at 1601 Collins Avenue, is being originated by Wells Fargo, National Association, and JPMorgan Chase Bank, as reported by Fitch Ratings. The transaction is expected to close on September 10th.
The 10-year, fixed-rate, interest-only loan will serve to refinance the existing $300 million debt and cover approximately $5 million in closing costs. Despite multiple inquiries, a spokesperson for Loews has not provided any comments on the matter.
Loews, which is led by the billionaire Tisch family, has a long-standing history with the property, having acquired it in 1998. The resort encompasses two towers, including the historic St. Moritz building and a 17-story tower. The property boasts approximately 46,000 square feet of meeting space, six food and beverage outlets, retail spaces, a pool, and cabanas. Among its dining options is the renowned Rao’s restaurant, which has become a key attraction for guests.
Fitch Ratings has valued the property at just over $400 million, translating to about $507,000 per key. With a loan-to-value ratio of 74 percent, the new financing will strengthen the resort’s financial foundation while ensuring its continued operation as a luxury destination in Miami Beach.
This refinancing follows a similar move earlier this month by BDT & MSD, a merchant bank created through the merger of Trott’s BDT & Company and MSD Partners, the private investment arm of Dell Technologies founder Michael Dell. The firm secured a $1 billion refinancing for the Boca Raton Resort & Club, a 1,047-key luxury hotel located at 501 East Camino Real in Boca Raton. Citi Real Estate Funding provided the two-year, floating-rate interest-only loan for that transaction.
The Miami Beach resort refinancing marks yet another significant investment in South Florida’s luxury hotel market, reflecting the region’s robust real estate and hospitality sectors. As Loews continues to enhance its premier properties, the future looks bright for this iconic oceanfront destination.
Following the announcement of 299 Minorca, an eight-story, mixed-use venture, the Constellation Group and Boschetti Group have unveiled their next ambitious project: Ella Miami Beach. This upcoming residential tower promises to bring a new level of luxury and modern living to Miami Beach.
Ella Miami Beach is set to be a 10-story residential tower featuring 95 condominiums. Ella Miami Beach will offer a variety of living spaces, ranging from studio to two-bedroom layout plans, with unit sizes spanning from 434 to 1,076 square feet.
Residents of Ella Miami Beach will enjoy a plethora of amenities designed to enhance their living experience. The homes will feature expansive outdoor terraces, plank-style flooring, and various high-end finishes that provide a touch of elegance and comfort.
Amenities:
A rooftop swimming pool
A pickleball court
A fitness center
Additional offerings to cater to a modern lifestyle
These features are sure to provide residents with ample opportunities for recreation and relaxation. Condo sales for Ella Miami Beach began in June 2023, and the development has already seen significant interest, with 36 percent of the units sold. Although construction has not yet started, the project’s website anticipates completion by the first quarter of 2026.
Ella Miami Beach is not just about residential living; it will also include 2,200 square feet of retail space, adding convenience and vibrancy to the area. The high-rise has been designed by the internationally renowned, Miami-based firm Arquitectonica, ensuring a striking and modern architectural presence.
The developers purchased the 25,000-square-foot parcel for Ella Miami Beach in February 2023 for $5.5 million. The site is located at 6940 Abbott Ave, Miami Beach, FL, 33141, in the vibrant Miami-Dade County.
Ella Miami Beach is set to become a landmark of luxury and modern living in Miami Beach. With its high-end amenities, stunning design, and prime location, it offers a promising new option for residents seeking the best in Miami Beach living. Stay tuned for more updates as this exciting project progresses towards its anticipated completion in early 2026.
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.
Miami Beach is known for its vibrant energy, stunning beaches, and luxurious accommodations. And soon, it’s about to get even more luxurious with the introduction of the Grand Hyatt Convention Center hotel. This ambitious project, spearheaded by developers David Martin of Terra Group and Jackie Soffer of Turnberry, promises to redefine hospitality in the heart of Miami Beach.
The latest buzz surrounding this project involves the submission of design refinements to the Miami Beach Design Review Board. Following requests made during a previous meeting, the board sought changes to the initial designs. True to their commitment to transparency and excellence, the developers promptly responded by submitting the updated designs for review.
One notable aspect of the proposed design is a variance request, allowing the building to encroach into a ten-foot ground-level setback mandated by city code. This variance, if approved, could further enhance the architectural appeal and functionality of the hotel.
Excitement is brewing as the Design Review Board gears up to discuss the Grand Hyatt modifications on April 2nd. This meeting presents an opportunity for stakeholders and enthusiasts alike to witness the evolution of this landmark project.
As of November, significant progress has been made, with early utility work nearing completion. This phase of the project, which involved temporary street closures and coordination with the adjacent Jackie Gleason Theater, underscores the commitment to meticulous planning and execution. With an investment of $20 million already allocated, the developers are steadfast in their dedication to bringing their vision to life.
What can visitors expect from the Grand Hyatt? Prepare to be indulged with a plethora of amenities and facilities designed to elevate your stay to unparalleled heights:
800 Rooms: Offering unparalleled comfort and style, including 48 luxurious suites for those seeking the ultimate in hospitality.
State-of-the-Art Amenities: From a fully-equipped gym to two pools and a resort-style pool deck, every aspect of relaxation and rejuvenation is catered to.
Extensive Meeting Spaces: With 90,000 square feet of indoor meeting and conference space, complemented by an additional 10,000 square feet outdoors, the Grand Hyatt is poised to be a premier destination for events of all scales.
Culinary Delights: Indulge your palate with a selection of five food and beverage outlets, including a signature restaurant that has already been leased, promising unforgettable dining experiences.
Exclusive Grand Hyatt Club Lounge: Elevating the concept of hospitality, this exclusive lounge offers a sanctuary for discerning guests.
Convenient Parking: With 320 parking spaces, accessibility is ensured for guests arriving by car.
At the helm of this architectural marvel is Bernardo Fort-Brescia’s Arquitectonica, renowned for its innovative designs that seamlessly blend form and function.
As anticipation mounts and the project progresses, the Grand Hyatt Convention Center hotel stands poised to redefine luxury and hospitality in Miami Beach. Stay tuned as we embark on this journey of transformation and excellence.
Miami, renowned for its vibrant culture, stunning beaches, and eclectic architecture, is about to witness a groundbreaking addition to its skyline. JDS Development Group, a trailblazing force in urban development, has joined forces with the iconic Mercedes-Benz to unveil a revolutionary project: Mercedes-Benz Places in Miami. This 67-story marvel promises to redefine luxury living in the heart of Brickell, setting new standards in urban design and sustainability.
At over 2.5 million square feet, Mercedes-Benz Places will represent a collaboration between two visionary entities, merging the ethos of innovation and sophistication. Spearheaded by Michael Stern, Founder & CEO of JDS Development Group, and Eva Wiese, Head of Mercedes-Benz Customer Solutions GmbH, this project is poised to leave an indelible mark on Miami’s landscape.
Mercedes-Benz Places in Miami isn’t just a collection of residences; it’s a meticulously crafted community designed to enhance every facet of urban living. Boasting 791 residences ranging from studios to three-bedroom condominiums, each unit offers panoramic views of Miami, Biscayne Bay, and the Atlantic Ocean. Beyond its residential offerings, the tower will feature 130,000 square feet of amenities and hospitality space, 200,000 square feet of office space, a 174-key hotel, retail outlets, and ample on-site parking.
What sets Mercedes-Benz Places apart is its commitment to innovation and sustainability. The project incorporates cutting-edge mobility solutions, including EV charging stations, valet parking, and bike-sharing programs, ensuring residents embrace a seamless urban lifestyle. Moreover, sustainability lies at the core of its design, with initiatives such as energy-efficient production and water conservation contributing to a greener, more eco-conscious community.
At the heart of Mercedes-Benz Places lies its architectural marvel—a striking, cube-shaped tower that seamlessly integrates into Miami’s skyline. Designed in collaboration with award-winning SHoP Architects, the structure embodies Mercedes-Benz’s design philosophy of Sensual Purity. Inspired by Miami’s dynamic spirit, the building’s stacked-box design reflects a balance of emotion and intelligence, creating a timeless aesthetic that captivates the senses.
Gorden Wagener, Chief Design Officer at Mercedes-Benz AG, elaborates on the project’s design ethos, stating, “Our distinctive style is Sensual Purity, a philosophy rooted in the duality of emotion and intelligence. With Mercedes-Benz Places in Miami, we’ve crafted a landmark that pays homage to German design traditions while embracing Miami’s vibrant energy.”
Mercedes-Benz Places isn’t just shaping the future of urban living—it’s revitalizing the Brickell neighborhood. Through collaborations with urban landscape designers and a commitment to environmental stewardship, the project aims to transform Southside Park into a lush, green oasis. By incorporating native vegetation and sustainable practices, Mercedes-Benz Places seeks to create a healthier, more vibrant community for residents and visitors alike.
As construction progresses, Mercedes-Benz Places in Miami is poised to become a symbol of excellence and innovation—a testament to the power of collaboration and visionary thinking. With occupancy slated for 2027, this iconic development promises to redefine luxury living in Miami for generations to come.
Miami Beach is set to witness a transformative residential project at 1940 Bay Drive, thanks to the innovative vision of 1940 Apartments LLC. This Sunny Isles Beach-based entity, steered by Erwin Sredni, Jonatan Sredni, and Scott Albus, has put forth ambitious plans for a new architectural landmark in the Normandy Isle area.
The proposal outlines the construction of a 5-story multi-family residential building, replacing an existing 23-unit apartment complex. Designed by Revuelta Architecture International, with landscape architecture by Gardner + Semler, this 55-foot-tall structure promises to redefine the area’s skyline. The project will introduce 12 state-of-the-art condominium units, varying in size from 2,807 to 3,019 square feet, marking a significant upgrade in residential living.
Occupying approximately 35,400 square feet, the site currently features a building spanning 29,213 square feet. It is situated in the RM-1 Residential Multifamily Low-Intensity Zoning District, a prime location amidst a bustling residential enclave characterized by multi-unit condominiums and apartment buildings along Bay Drive.
The design team has focused on creating a modern, curvilinear structure that offers a softer edge to the neighborhood’s streetscape. Each unit boasts open-concept living areas, refined lines, and expansive windows to capture the stunning Miami Beach skyline. The exterior will feature smooth white stucco finishes, wood trim slats on balconies, aluminum garage cladding, and brise soleil, complemented by blue-green tinted laminate glass with light gray aluminum framing.
This project extends its aesthetic appeal with comprehensive landscaping plans, aiming to increase landscape coverage and introduce lush green elements. The design envisions a verdant atmosphere, integrating seamlessly with the building’s façade.
In alignment with Miami Beach’s need for effective parking solutions, the project reduces the number of residential units while incorporating on-site parking facilities. This approach is expected to alleviate parking scarcity, minimize traffic impact, and enhance the neighborhood’s quality of life.
Monika Entin from MHE LAW PA represents the developers in this initiative. The Design Review Board of Miami Beach is set to review the submitted plans today, potentially marking a significant step forward in the city’s residential landscape development.
1940 Bay Drive stands as a testament to the evolving architectural and lifestyle aspirations of Miami Beach. This project not only promises luxurious living spaces but also aims to harmoniously integrate with and enhance the surrounding community, heralding a new era of urban development in Miami Beach.
42 Pine, the much-awaited boutique residential building at the intersection of famous Pine Tree Drive and 42nd Street, has reached a significant milestone on the road to completion, which is scheduled in the first quarter of 2024.
The eight-story structure will be a landmark for the neighborhood and exhibit classic sophistication. Last year, BridgeCity Capital provided the project with $35.5 million in finance, allowing construction to start. With prices ranging from $700,000 to $3,000,000, there are only a few houses left.
CEO of BridgeCity Capital Allan Lebovits, “The pace of construction is impressive, and we are proud to be involved in a project that brings a new level of luxury to the area. This is a unique opportunity in a highly coveted pocket of Miami Beach, and the sales velocity to date is a testament to the strong demand for new luxury residences.”
50 turnkey units with one to four bedrooms and eight penthouses are available at the first full-service boutique condominium in the neighborhood. Each residence has been painstakingly designed to offer a unique lifestyle based on convenience and community. Each tastefully presented home, ranging in size from 700 square feet to 2,700 square feet for combined units, is delivered fully furnished and ready to occupy. The interiors were designed by Arquitectonica to make the most of available space and foster a sense of connection with the outside. Private terraces with glass railings offer a seamless indoor/outdoor living experience, while expansive floor-to-ceiling windows and doors let in an abundance of natural light.
Amenities
Amenity deck
52-foot pool
Relaxation spa
Cabanas
Poolside service
Yoga
Meditation lawn
State-of-the-art fitness center
Club
Game room
Media lounge
Large outdoor terrace
Children’s playroom
At 340 W. 42nd Street, in one of Miami Beach’s most coveted residential areas, residents may enjoy easy access to the ocean, top-rated schools, excellent restaurants, places of worship, and boutique shopping experiences.
If you or someone you know have an interest in purchasing at 42 Pine, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Mast Capital and Starwood Capital Group recently revealed new renderings for the highly awaited Perigon Miami Beach project that is expected to top off next year.
In June 2021, Mast filed the development plans for the property and the official approval came in December 2021. Rem Koolhaas is named as the architect for the project while Tara Bernerd is listed as the interior designer. The design resembles a series of towers merged together allowing the residents optimal views of Biscayne Bay, the Miami skyline, and the Atlantic Ocean
The development will rise 17 stories and feature 83 total units, with 10 of those units labeled as ‘guest suites,’ which will only be available to purchase by unit owners.
Units will range from 2 to 4-bedroom floor plans with 2,100 to 6,700 square foot options. Units will start at $3 million and will feature a number of luxury amenities and residence features.
Services
Residential butler
Dedicated lifestyle concierge
24-hour security and valet service
House car
On-site general manager
In-residence dining and catering from a signature on-site restaurant
Home management services from cleaning and maintenance to floral and pantry stocking (available for additional costs)
Tower Amenities
Signature oceanfront restaurant by a celebrated chef exclusive to residents
Beachside swimming pool and outdoor spa with sunbeds and cabanas
Pool and beachside food and beverage service
Direct entry to the dedicated beach, equipped with lounge chairs, umbrellas, and service
Sprawling conservatory offering daily breakfast bar
Stylish cocktail lounge and speakeasy
Dramatic double-height lobby with an open lounge area
Luxury guest suites for friends and family
Sunrise lounge with catering kitchen for entertaining and events
Private spa with sauna and treatment rooms
A state-of-the-art fitness center with a high-impact training room overlooking the Atlantic Ocean
Bespoke wine room
Private salon for personalized beauty services
Screening room
Imaginative children’s playroom
Intimate garden and meditation lounge areas overlooking the Atlantic
Bicycle storage
Residence Features
Direct, private elevator entry to each residence
Gracious 10-foot ceilings with floor-to-ceiling windows
Private 10- to 12-foot-deep terraces designed to provide direct views of the Atlantic from every residence
Expansive living, dining, and entertaining area accented with linear cove lighting
Custom Italian kitchens designed by Tara Bernerd & Partners featuring honed marble countertops, backsplash, and island
Sub-Zero Wolf Appliance Suite
Primary bathrooms feature natural stone flooring and walls, custom bathtub, bespoke mirrors, and light fixtures
Walk-in wardrobes in each bedroom
The building is expected to be delivered in 2025. If you or someone you know have an interest in purchasing at The Perigon Miami Beach, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Ella Miami Beach has officially commenced construction, according to an announcement on the development’s social media account. This milestone marks a significant step forward for the highly anticipated residential project set to redefine luxury living in North Beach.
