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Miami’s Eighty Seven Park expected to break ground soon

Rendering of Eighty Seven Park

via Terra

There’s quite a bit of news emanating from Renzo Piano’s Eight Seven Park in Miami’s Surfside neighborhood.

First, the oceanfront condo project is 60 percent sold and expected to begin vertical construction within the next three weeks, according to Miami Luxury Homes. Among those buyers is Million Dollar Listing New York’s Fredrik Eklund, who announced the acquisition in the Summer 2015.

The Terra Group development has also added a new 4,888-square-foot beach house residence that includes a whopping 3,530 square feet of terrace space. That unit encompasses the third floor’s northeast and southeast corners. It’s essentially a combination residence of two units, which were previously offered separately.

Their floor plans:

 

Architectural Digest has also announced a new collaboration between Terra and Cuban-American artist-and-designer couple Ruben and Isabel Toledo. They will take the reigns on branding and marketing materials, “from signage to staff uniforms.”

Eighty Seven Park is expected to be completed next year.

 

Brickell Flatiron unveils renderings of penthouse collection, which starts at $1M

Rendering of a penthouse at Brickell Flatiron

 Photo Credit: CMC Group/Massimo Iosa Ghini)

As Brickell Flatiron continues to rise into its place among the Miami skyline, the 64-story tower developed by Ugo Colombo has released its penthouse collection, which is comprised of residences located from floors 50 through 64.

Within the collection are single-story units; duplexes; and three-story upper penthouses with rooftop pools, private elevators, and summer kitchens. The latter two offerings are priced from $6 million to $15.5 million while standard penthouses are asking between $1 million and $2 million.

“Brickell Flatiron’s penthouse collection will embody the elegance and sophistication of Italian design,” added Colombo, founder of CMC Group. “We are sparing no detail and no expense to deliver a memorable product offering our residents the highest caliber of quality and design that will withstand the test of time.”

Brickell Flatiron, which broke ground in March 2016, is 60 percent sold and is expected to be completed in 2019, when it will be among the tallest buildings in Miami.

Note: The first four renderings are of upper penthouses.

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1930s manse in Coconut Grove designed by Raymond Jungles seeks $7M

3505 South Moorings Way

 Magnus Jennemyr of Select Realty Group

Here we have a 9,481-square-foot Mediterranean Revival estate at 3505 South Moorings Way that was designed by Phineas Paist and Miami landscape architect Raymond Jungles.

The ask is $6.99 million ($737 per square foot), which is interesting because the residence last sold about a year and a half ago for $4.77 million. Built in 1931, the home has seven bedrooms, eight bathrooms, and is comprised of three stories.

Among its distinct features are a gym, cabana bath, expansive sauna, and a hulking master suite, in addition to a 76-foot lap pool out back.

You can take the drone tour below.

Coconut Grove’s newest office building will include a rooftop restaurant

A rendering of a new Class A office building at 3280 Main Highway in Coconut Grove

Courtesy of Optimum Development USA

Demolition is underway at 3480 Main Highway in Coconut Grove, paving the way for a new office building with a restaurant and rooftop area.

Optimum Development USA took out a $21.5 million mortgage for the two-building property, which is next to popular eatery Greenstreet Cafe. The location served as the home to many failed restaurants over the years, including Senor Frog’s, Sekai, and El Sitio.

Designed by Arquitectonica, the new project entails 44,000 square feet of Class A office space and 6,500 square feet for a high-end restaurant, which will also include a rooftop deck overlooking Biscayne Bay.

Optimum affiliate 3480 Main Highway LLC paid a combined $8.5 million for the two buildings in 2014.

The property will join several other new offices planned for the Grove, including Terra’s Mary Street and Lointer Home’s 27@Lincoln. Nearby CocoWalk is also undergoing changes in the form of a multiphase renovation that includes a new office building.

The expected completion time for 3480 Main Highway once the building breaks ground is 12 to 14 months.

Tour Brickell Heights’ amenity spaces

A rooftop pool at Brickell Heights

Courtesy of Miami Luxury Homes

The sold-out Brickell Heights officially opened a few weeks ago, welcoming residents into the twin-tower condo development comprised of 690 units.

The array of amenities in the building are impressive.

Outside of the unique rooftop pool decks atop each tower containing a pool, lounge area, and summer kitchen, there is a gym, 9th floor pool deck, large social spaces, movie theater, and spa.

Additionally. there is a 30,000-square-foot Equinox fitness center and 6,000-square-foot SoulCycle studio.

Check out photos of some of these amenities, courtesy of Miami Luxury Homes, followed by some Instagram shots.

Yotel Miami apartment hotel approved with no parking

A rendering of Yotel in downtown Miami

 via Stantec

In what’s becoming a theme for downtown Miami, another mixed-use residential building was approved without parking.

Yotel received the final go-ahead from Miami’s Planning & Zoning Department, notes The Next Miami, which clears the way for the 29-story tower comprised of 225 micro-sized hotel rooms and 188 apartments to rise at 235 Northeast 2nd Street, which is just west of Vizcayne, an 849-unit development that was completed in 2009.

Another downtown Miami residential building, Centro, was recently built without parking a few blocks away. Moishe Mana is also planning a downtown Miami rental project without parking at 200 North Miami Avenue.

Developed by Kuwait Real Estate Company Aqarat and Aria Development Group, a 10-story garage was in the initial proposal but wasn’t approved. The architect is Stantec.

Among Yotel’s current hotel locations are New York, Boston, and London.