Tag Archives: The Perigon Miami Beach

The Perigon Miami Beach Balcony

Mast Capital and Starwood Capital Group Secure $390 Million Construction Loan for The Perigon Miami Beach

Rendering of Perigon Miami Beach EntranceIn a monumental achievement for Miami Beach real estate, Mast Capital and Starwood Capital Group have successfully closed a $390 million construction loan for The Perigon Miami Beach. This milestone marks a critical step in the development of this ultra-luxury condominium, set to redefine refined beachfront living.

Construction for The Perigon Miami Beach began in April 2024, with completion anticipated in 2027. This iconic project is a collaboration between Miami-based real estate development group Mast Capital and a controlled affiliate of Starwood Capital Group, a globally renowned private investment firm led by Barry Sternlicht. General contractor Moss Construction is spearheading the project, ensuring the highest standards of craftsmanship and quality.

The Perigon is set to become a landmark of architectural excellence and sophistication, boasting world-class amenities, breathtaking design, and a prestigious beachfront location. With over 75% of residences already sold, it’s clear that this development has captured the market’s attention.

The $390 million construction loan is one of the largest secured in Miami Beach over the past year. Provided by Eldridge Real Estate Credit, a leading investor in real estate credit opportunities, the financing highlights the market confidence in The Perigon’s vision and appeal.

Designed by the internationally acclaimed architectural firm OMA, led by visionary architect Rem Koolhaas, The Perigon will be the first Miami Beach residential project from the firm. The striking diamond-shaped tower will feature 73 two- to four-bedroom residences ranging from 2,100 to 6,700 square feet, all offering sweeping beachfront views. Prices start at just over $10 million.

Renowned interior designer Tara Bernerd has meticulously crafted the residences with the finest finishes, including expansive 10-foot ceilings, 10- to 12-foot-deep wraparound balconies, and direct water views. Residents will also have access to eight private guest suites, adding an exclusive touch to their lifestyle.

The Perigon Miami Beach will offer approximately 40,000 square feet of thoughtfully curated indoor and outdoor amenities. Highlights include:

  • A private oceanfront restaurant and speakeasy conceptualized by Michelin-starred chef Shaun Hergatt.
  • An oceanfront swimming pool with cabanas, a serene spa with sauna and treatment rooms, and a private salon.
  • A fully equipped fitness center with panoramic ocean views, a children’s playroom, and a screening room.
  • Additional amenities such as a wine room, double-height lobby lounge, and a dedicated lifestyle concierge and residential butler service.

Residents will also enjoy 24-hour security, valet, house car service, pool and beach service, and in-residence dining, ensuring an unmatched level of luxury and convenience.

Located at 5333 Collins Avenue in Miami Beach’s exclusive Mid-Beach neighborhood, The Perigon is nestled along a tranquil stretch of sand between Indian Creek and the Atlantic Ocean. With expansive beachfront acreage and an emphasis on privacy, this development offers a lifestyle experience that is both rare and highly coveted.

The Perigon Miami Beach represents the pinnacle of modern luxury living. With its world-class design, exclusive amenities, and breathtaking location, this development is poised to become a defining icon in Miami Beach real estate.

 

The Perigon Miami Beach

The Perigon Miami Beach Breaks Ground

The Perigon Miami Beach

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 Perigon Miami Beach Elevation from the Beach

Groundbreaking Scheduled for The Perigon Miami Beach

The Perigon Miami Beach Elevation

Miami Beach, known for its vibrant culture, stunning beaches, and dynamic lifestyle, is set to welcome The Perigon Miami Beach. This monumental project marks not just the inception of a new building but the dawn of a new era in architectural innovation and luxury living. As the city continues to evolve, The Perigon stands as a testament to Miami Beach’s commitment to progress and excellence.

Amidst much anticipation and excitement, the groundbreaking ceremony is officially scheduled for April 2, 2024 at the new sales center located at 2341 Collins Ave in Miami Beach. Nestled amidst the pulsating heart of Miami Beach, this groundbreaking project promises to set new standards in architectural design, offering residents an unparalleled fusion of sophistication, comfort, and urban convenience.

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.

In keeping with Miami Beach’s commitment to sustainability, The Perigon incorporates cutting-edge green technologies and environmentally conscious design principles. From energy-efficient appliances to eco-friendly materials, every effort has been made to minimize the environmental footprint of this landmark development, setting a new standard for responsible urban living.

As Miami Beach continues to evolve as a global destination for luxury living, The Perigon stands at the forefront of this transformation, offering residents a lifestyle that is as refined as it is exhilarating. With its groundbreaking design, luxurious amenities, and unwavering commitment to sustainability, The Perigon Miami Beach is poised to redefine the very essence of modern urban living. As construction progresses and the vision becomes a reality, one thing is certain – the future of Miami Beach has never looked brighter.

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 Miami Beach Elevation

Capitalizing on Luxury: The Perigon Miami Beach Sets a New Standard in Oceanfront Living

The Perigon Miami Beach Elevation from the Beach

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.

The Perigon Miami Beach Elevation from the Beach

Introducing Perigon’s Two Story Luxury Penthouse

The Perigon Miami Beach

New developments are popping up everywhere throughout Miami but one of the most opulent new construction towers in Miami Beach stands out from the crowd with the unveiling of its new penthouse at The Perigon.

Penthouse West is a $37 million residence situated over two levels and is the first penthouse to be unveiled at the new condominium project. Four bedrooms, five bathrooms, and expansive living areas are housed in 5,685 square feet of inside space, while an outside sanctuary is made up of an additional 6,487 square feet. The residence, positioned atop the contemporary 17-story tower, also offers magnificent views of the beach, the Atlantic Ocean, and the developing Miami cityscape.

Designer Tara Bernerd, renowned for her ultra-luxury work on single-family houses, yachts, and condo buildings, created the interiors of the building, including the penthouse. She used organic fabrics that go well with the stone, wood, and glass components as well as high-end finishes throughout the entire building.

The 22-foot ceilings in the double-height great room, one of the home’s many remarkable design features and amenities, steal the show. This space, which leads to a wraparound terrace, serves as the residence’s focal point. Here, Bernerd employed materials including Italian walnut, European white oak, and honed white marble with a subdued color scheme. With its high-end highlights and designer touches for occupants who are decor-conscious, the light-filled penthouse has the air of a five-star resort. Additionally, each room has a private terrace area and an en suite bathroom with a luxurious soaking tub.

Penthouse West is known for its indoor-outdoor lifestyle, and in addition to the various outside terraces, there is also a private, manicured rooftop. The landscapes featured in the facilities of the property and the garden in the penthouse were both designed by Gustafson Porter + Bowman, the same company in charge of the landscaping around the Eiffel Tower. The house also boasts a sundeck, a sunken 30-foot infinity pool, a full outdoor summer kitchen, and outdoor dining.

More than 20,000 square feet of amenity space are available to residents of The Perigon, including a breakfast and sunset lounge, a residents-only private restaurant, and a speakeasy run by chef Shaun Hergatt, a veteran of Michelin-starred establishments. Additionally, there is a cabana-equipped oceanfront pool, a terraced fitness center, a private salon, a screening room, a kids’ play area, and a pool room.

The Perigon Miami Beach

The Perigon Miami Beach Unveils a Resident-Only Restaurant and Speakeasy Concepts

The Perigon Miami Beach

The Perigon Miami Beach announces Shaun Hergatt, a Michelin-starred chef, as the creator of Miami Beach’s first-ever resident-only concept.

Nota will be Hergatt’s first-ever Mediterranean concept, while Fifty Three, a speakeasy cocktail lounge, will have a complementary bold style. Hergatt is the renowned executive chef and owner behind some of New York’s most famous Michelin-starred restaurants, including the private restaurant at 432 Park Avenue and Vestry in Soho.

CEO of Mast Capital (the developer behind The Perigon) stated, “We are designing more than a condominium at The Perigon, it is a private, highly serviced five-star resort exclusively for the owners. Additionally, our partnership with such a notable chef as Shaun Hergatt further solidifies the commitment to the quality of luxury, The Perigon will offer to its residents.”

The focus of the restaurant showcases a clear and crisp palette, making the most of the coastal environment and abundance of rich, local ingredients. Chef Hergatt intends to use woodfire grilling techniques to produce meals that are elegant but approachable, with seafood serving as the menu’s focal point.

The speakeasy portion of the restaurant will experiment with vivid colors and patterns, embracing a whiskey-themed palate. Deeper browns and greens will establish a more intimate mood, incorporating golden fixtures and accessories creating the perfect nighttime setting. The cocktails will also embody the more lighthearted style, while focusing on fresh ingredients and imaginative curations.

The Perigon

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.

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.

Rendering of Perigon Miami Beach Entrance
Rendering of Perigon Miami Beach Entrance

New Renderings Revealed for The Perigon Miami Beach

The Perigon Miami Beach

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.

Rendering of Perigon Miami Beach Entrance

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.

The Perigon Miami Beach Kitchen Rendering
The Perigon Miami Beach Primary Bathroom
The Perigon Miami Beach Balcony

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.

The Perigon Miami Beach Lounge
The Perigon Miami Beach Fitness Center