Miami’s New and Pre-Construction Condo Update: June 2017

Miami’s New and Pre-Construction Condo Update: June 2017

Jul 18, 2017 July 18, 2017

There’s a lot to report on the pre-construction front for the month of June. Residents of Brickell Heights now have possession of their keys, One Thousand Museum is seeking permission to add a helipad, Aria on the Bay requires a lower deposit on its units and Coconut Grove could get its very own Glasshaus. Continue reading for more updates on Miami’s pre-construction condo market.
Grand Opening

Brickell HeightsBrickell

Brickell Heights held its opening ceremony this June. The 690-unit condo twin towers were unveiled amongst sensational performances by Grammy award-winner Cucu Diamantes, acrobatic acts by Equinox and art by Eduardo Capillo. Condo owners now have possession of their keys. Amenities at these sold out towers include Miami’s first SoulCycle studio, a three-level Equinox gym, movie theater, pool deck, David Rockwell-designed entertainment room, a pedestrian sidewalk and more.

Sold out by the developer but plenty on the market to rent and buy, with a choice of one to two plus den bedroom-units
Brickell Heights East Tower For Sale and Rent
Brickell Heights West Tower for Sale and Rent

Brickell Heights
Sales Gallery

Aston Martin Residences - Downtown Miami

Looking forward to a 2021 completion, the Aston Martin sales gallery is now open at 300 Biscayne Boulevard Way. The sail-styled building will house 391 luxury condos. Key design cues from the British sports car maker will adorn the two private lobbies, two-level ocean-view fitness center, full service spa and other shared spaces. Its amenities include a 55th floor infinity-edge pool, exclusive super yacht marina, art gallery and more. The sales center also flaunts a work-of-art – the Aston Martin Vulcan in white.

Prices range from $600,000s to $50 million, with a choice of one to four bedroom-units, penthouses and a duplex penthouse.

Aston Martin Residences

One ParaisoEdgewater

Three out of the four luxury towers are now topped off in Related Group’s quadruple condo complex. The 53-story, 276-unit One Paraiso stands 99% sold out on top off. The four tower complex is set to feature a Michael Schwartz eatery, three pools, a beach club, two-story gym and spa with juice bar. Once GranParaiso, the last in the complex to top off is complete, there will be 1400 new condos added to Edgewater.

Prices range from $600 per sq. ft. to $700 per sq. ft., with a choice of one to three bedroom units and penthouses.

One Paraiso


GlasshausCoconut Grove

In a class of its own, the 5-story Glasshaus proposed the opening of its sales center in June. This boutique condo development by GD.8 and Element Development LLC will only be home to 23 contemporary residences. With an all glass exterior, the “glass house” is expected to feature a resort-style rooftop pool deck, a Zen Garden, detached fitness center, underground parking and more. Each and every owner will additionally become a member of the Coconut Grove Sailing Club located next door.

Prices range from $595,000 to $1.2 million, with a choice of one to three bedroom units.


One Thousand MuseumDowntown

Developers Gregg Covin and Louis Birdman have requested the city for inclusion of a private helipad to the late Zaha Hadid-designed condo tower. While the proposed pad will add to the 701-foot tower, it still won’t exceed the 709-feet height approved by the FAA. The 62-story, 83-unit luxury condo tower is aiming for a 2018 completion. Other amenities at this uniquely designed tower include an 8th floor pool deck and fitness center, 9th floor spa and relaxation sky lounge, plus a 5,600 sq. ft. ground level restaurant.

Prices range from $5.5 million to over $20 million, with a choice of half-floor units, two-story duplexes and full-floor penthouses.

One Thousand Museum Miami

Aston Martin Residences - Downtown

G & G Business Developments LLC has requested FAA approval to build the 391-unit condo tower. Rising 816 feet above ground, the riverfront tower will stand at a total of 820 feet above sea level. Backed by the legendary sports car maker, the residences will feature premium amenities and already owns a state-of-the-art sales center.

Aston Martin Residences

Other Updates

Paramount Miami WorldcenterDowntown

One of the most epic mixed-use developments, the construction of the Paramount Miami Worldcenter is in full swing and surpassed podium level this June. The mega development also released its Penthouse Collection Series, which showcases 26 upscale residences. All of these standout units will be housed in the upper levels of the 60-story residential tower. Part of a 27-acre complex, amenities here include a ‘Sky Deck’ with its own sky lounge, observatory, multiple pools, sundeck and Tai Chi deck.

Prices range from $3.5 million to $9.5 million, with a choice of four to five bedroom penthouses and duplexes.

Paramount Miami Worldcenter

Auberge Beach Residences & Spa - Fort Lauderdale

The beachfront Auberge Beach Residences are inching towards completion as the north tower nears top off and the south tower completes fourth floor construction. The 171-unit condo tower will feature a farm-to-table restaurant with ocean views, wine vault and room with hand-picked bottles for buyers and full-scale spa inclusive of a salon, plunge pool and indoor-outdoor treatment cabanas. While the north tower is 91% sold, the south tower stand 50% sold.

Prices range from $1.6 million to $10 million, with a choice of one to four bedroom units.

One Park GroveCoconut Grove

One Park Grove’s sales gallery has moved to 2850 Tigertail Ave. as construction moves ahead. The 297-unit, three-tower complex was 80% presold as of March this year.  Once complete, residents will find a signature restaurant on-site by Chef Michael Schwartz of Michael’s Genuine Food & Drink and Harry’s Pizzeria fame. There will also be sculptures by Spanish artist Jaume Plensa in its open spaces, an exclusive lifestyle curated by Colin Cowie, multiple pools and more at this luxury condo complex.

Prices range from $1 million to $14 million, with a choice of two to five bedroom units.

One Park Grove

The Ritz-Carlton ResidencesMid-Beach

The exquisite Ritz-Carlton Residences are taking shape as the building exteriors and structure stand completed. All elevators are operational, with all windows installed and stucco plus primer paint underway. The Pierro Lissoni-designed 212-unit condo would have its power turned on in June as well. The lakeside 52-story tower will feature a restaurant, wellness center, pool deck, kids club, 33rd floor private club, lounge, two bars, guest suites and many more five-star amenities.

Prices range from $2 million to $40 million, with a choice of one to four bedroom units and penthouses.

Ritz carlton

Turnberry Ocean Club ResidencesSunny Isles Beach

The Turnberry Ocean Club Residences are making great progress on the construction and finance front. Turnberry Associates managed to secure a $259 million construction loan for the luxury condo tower. The 154-unit, 54-story residences broke ground in November last year and are expected to be delivered by the end of 2019. Amenities at these oceanfront condos include a $100 million Sky Club with sunset and sunrise pools, two restaurants, three bars, a sunset lounge, pet retreat, hydrotherapy spa and more. Owners will also get membership to privileges at the Turnberry Isle Resort and preferred rates at Fontainebleau Aviation.

Prices range from $3.9 million to $35 million, with a choice of three to six bedroom units.

Hyde Beach House Hollywood Beach

The Related Group has secured a $115 million loan to proceed with the construction of Hyde Beach House. The 41-story building will house 77 condos and 265 hotel rooms. Residents will enjoy various amenities including a pool deck with an infinity pool and outdoor kitchen, outdoor movie theatre, permanent installation of curated art throughout public spaces, sports club, aqua club, rooftop lounge, a beach club, Hyde’s signature restaurant and more.

Prices range from $430,000 to $1.3 million, with a choice of one to three bedroom units.

Hyde Beach House

Aria on the BayEdgewater

Prospective buyers can now enjoy a lower deposit requirement for units within this luxurious 53-story complex. Developer Melo Group reduced its 50% deposit to 35% for regular units and 20% for units costing more than $1 million. The 648-unit, 53-story tower is already 80% presold. Amenities include a 14th floor amenity deck, fire pits, four pools, outdoor summer kitchens, a world-class gym and yoga studio, private spa, entertainment room, business center and more. The resplendent condo tower is expected to be completed by first quarter next year.

Prices range from $400,000s to $6 million, with a choice of one to four bedroom units and penthouses.

Aria on the Bay

Issues & Lawsuits

Monad TerraceSouth Beach

Lender files foreclosure lawsuit, forcing refinance

The JDS Development Group has moved to refinance the construction of its boutique development, Monad Terrace. The lawsuit came about when Monad Terrace Property Owner LLC and others failed to pay off the $45.8 million mortgage principal. The developers stated that they will respond to this ‘meritless’ lawsuit in due time. Read more here.

Monad Terrace

Prive at Island EstatesAventura

Developers triumph over neighboring homeowners

After a four-year long suit, the developers of Privé at Island Estates can breathe easy with the legal permission to pursue construction of the twin-towered complex in Aventura. The Island Estates Homeowners Association and the Williams Island Property Owners Association, both sued the developers for breaching an agreement secured in the late 1990s to construct only single-family residences in the area. Miami-Dade Circuit Judge William Thomas ruled that the statute of limitations had long expired. Read more here.

Prive at Island Estates

Contact Sep Niakan
Founder, & Owner/Broker, HB Roswell Realty
(305) 697-7667
Request Info
By sending you agree to CondoBlackBook's Terms of Use

Your Miami Condo Awaits

Recent Posts

October 2020: ‘Scare Up’ Some Fall Fun with These Miami Events
Lifestyle October 2020: ‘Scare Up’ Some Fall Fun with These Miami Events
It’s that time of year again, when orange skies fill the air and pumpkin spice lattes fill your coffee mug. Fall in Miami is truly beautiful - the weather is cooler, the sunsets are stunning and the pace of our lives starts to wind down a bit. October in Miami is great time to experience the outdoors and get in some nature walks to recharge the senses without breaking much of a sweat - not to mention have some fun! So, for things to do in Miami this month, we’ve got a mixed goodie bag of online and on-ground events to help you have some Halloween fun. (We highly recommend double checking the availability of the on-ground events before heading out.) There’s also a virtual run, online jazz series, boat show, and carnival to keep you in the highest of fall spirits. Look below for the complete list of virtual and on-ground events to spice up your October in the Magic City: Halloween Specials Drive-Through Pumpkin Patch: October 3-31 Miami-Dade County Fair & Expo Center, University...
Our Top 10 Sailing & Boating Clubs - From Coconut Grove to Miami Beach
Lifestyle Our Top 10 Sailing & Boating Clubs - From Coconut Grove to Miami Beach
Nothing embodies the Miami lifestyle better than a day of sailing on the beautiful blue waters of Biscayne Bay, the Atlantic Ocean, or the Intracoastal Waterway. Boating is a way of life in South Florida. For those who want to board a boat and join the fun, here is a list of our 10 favorite sailing and boating clubs in Miami.  1) Biscayne Bay Yacht Club 2540 S Bayshore Dr, Coconut Grove  The Biscayne Bay Yacht Club (BBYC) is Miami’s oldest boat club, dating back to 1887, when it leased the Florida Cape Lighthouse as its headquarters.  The club purchased its current clubhouse in 1932 and has been involved in practically every important sailing race in South Florida to date.  Today, the club continues to be among the most popular sailing clubs in Miami, with regattas throughout the year, sailing lessons, and all kinds of sailing events. The BBYC has also become popular among windsurfers and is now known as the international hub for this popular sport, turning out Olympic-caliber...
These Two New Miami Towers Could Become Edgewater’s Latest Developments
Real Estate News These Two New Miami Towers Could Become Edgewater’s Latest Developments
Edgewater is expanding. Again! With two new residential towers planned - one condo and one multifamily - the Miami waterfront neighborhood is once again proving it’s continuing to be Miami’s most desirable neighborhood. Both projects are currently awaiting a vote from the City of Miami’s Urban Development Review Board. Developers have been attracted to Edgewater for residential projects, given its family-friendly vibe. The Bayfront neighborhood further benefits from close proximity to the shops and restaurants of Midtown, high-end shopping at the Design District, the eclectic art scene of Wynwood, and general vivacity of Downtown. It is also minutes from a Metromover station that takes people through to Downtown and Brickell. New Edgewater Condo Grupo T&C: 36-story, LEED-certified Condo Tower designed by Kobi Karp Sitting just behind Quantum on the Bay and 1800 Club, Lima-based developer Grupo T&C is proposing a 322-unit, 36-story tower at 1825 and 1837 NE Fourth Avenue. The...
Must-Have Tech to Make Your Condo a Smart Home
Opinions and Advice Must-Have Tech to Make Your Condo a Smart Home
Smart Home technology has been improving year after year and has probably been making your life easier without you even knowing. In the last few years, the home-tech market has exploded leading to a new generation of smart home devices that let you automate your condo.  Whether it’s an energy-saving, AI-powered thermostat keeping your condo at the right temperature, or maybe a smart security system that keeps burglars at bay. There is no question the smart home market is growing and here to stay. What: Philips Hue - The Smart Light Bulb Why: The Philips Hue Smart Bulbs give you access to the color and tone of the lights in your condo all from an app on your phone. These smart light bulbs communicate through Bluetooth and wifi, letting you control the lighting around your condo with just a smartphone! Depending on which model you buy, you’ll be able to not only change the strength and hue of the light but even the color. Dim purple lighting in your living room? Easy. All without...
Need to Get Away from It All? Escape to a Miami Sandbar
Lifestyle Need to Get Away from It All? Escape to a Miami Sandbar
Destination: Sandbar Miami Miami’s coastline provides plenty of adventure, fun and stress relief, the perfect life hack for destressing! Whether you’re into boating, kayaking, swimming, or scuba diving, our coast provides plentiful areas where natural beauty and cooling relief from the hot sunny weather await you. Among the many delights that the Miami coastline has to offer are the sandbars that emerge along the beach at low tide. While most sandbars come and go with the tides and shifting sands, there are several that are established as permanent, and three in particular within Miami. These sandbars are sunny oases in the middle of the sea, accessible only by boat or kayak, and have become popular fun zones where families and singles can swim, relax, and party.  If you are looking to enjoy a special adventure in the water, set out on the waters and check out these gorgeous Miami Sandbars the next time you go out boating or kayaking. Haulover Sandbar 10800 Collins Ave, Sunny...
Buying a Miami Condo for Daily Rental or Short-Term Vacation Rental? Read This!
Opinions and Advice Buying a Miami Condo for Daily Rental or Short-Term Vacation Rental? Read This!
With more and more travelers choosing to book with daily vacation rental websites such as Airbnb or VRBO over traditional hotels, the short-term vacation rental business is on the rise globally. Its local reach, luxury amenities and home-away-from-home comfort is what makes this vacation rental model a huge success. Additionally, when you couple the breeziness of an Airbnb-style vacation rental with a year-round city like Miami, travelers get a phenomenal vacation. After all, it's no secret that Miami has one of the best beach, nightlife, food, culture and shopping scenes in the world, and that's not going to change. This, quite obviously, makes buying a condo for daily renting in the city or Miami Beach a lucrative and smart investment opportunity. However, before you go property-hunting for your full-time or part-time Airbnb investment, here's what you should know about daily rental condos in Miami: Quick Links   Why Invest in a Daily Rental Condo in Miami? What's the Difference...