Miami’s New and Pre-Construction Condo Update: March 2020

Miami’s New and Pre-Construction Condo Update: March 2020

Mar 31, 2020 March 31, 2020

March came in with big news as developers celebrated the grand opening of Sunny Isles’ ultra-luxury Residences by Armani/Casa. Downtown’s Aston Martin Residences made headlines for flying down Britain’s Chef Brown to demonstrate their designer kitchen appliances. The Edge on Brickell project has been revived. And, Island Bay got a step closer to construction with a utilities deal. Read on for details on these and more Miami condo pre-construction updates from March.

Now Open


Residences by Armani/CasaSunny Isles Beach

Residences by Armani/Casa


Developers Armani Group, Related Group and Dezer Development celebrated the
grand opening of their 56-story, designer tower with a weekend party featuring Pitbull. Highlights of the evening included a Giorgio Armani fashion show, and of course, live performances by Mr. 305 himself.

Having paid off its construction loan and with only a handful of closings left, residents are now free to move in and enjoy their Armani-branded interiors plus their posh Miami lifestyle. The ultra-luxury skyscraper represents the fashion brand’s first-ever venture in the U.S. Residents will now be able to enjoy a host of five-star amenities, including design elements handpicked by Giorgio Armani, a two-story Armani Spa and fitness center, a professionally curated art collection, an oceanfront restaurant and bar, a temperature- and humidity-controlled wine cellar, private movie theater, Armani Privé concierge, and more.

Prices range from $1.6 million to over $17 million for a Giorgio Armani-furnished penthouse with complimentary trip to meet Armani in Italy 

Approved


Mr. C ResidencesCoconut Grove

Mr. C Residences


After the grand opening of its sales gallery last month, developers are making serious progress on Mr. C Residences -- receiving
FAA approval this March. The twin 20-story towers can now be built to a maximum height of 315 feet above ground.

Developed by Terra Group, the sail-like towers come designed by Arquitectonica and interiors by Meyer Davis Studio. Its 301 condos will feature the hospitality brand’s signature style of contemporary residences with a classic European (read Italian) twist. Highlight amenities include curated art pieces in the lobby, signature café and specialty gourmet market powered by food and beverage from Mr. C, a wellness lounge and juice bar, private Bellini bar on pool deck, whole body fitness zones, indoor yoga studio, peloton studio, signature spa with treatment rooms, plus an exclusive Bayshore Owners’ Club with club pool, garden-level lap pool, billiards room, Little C’s Children’s Learning & Adventure Lab, teen game lounge, and much more.

Prices start in the low $600,000s and go up to more than $5 million, with a choice of one- to five-bedroom residences

Planned


62-story tower by JDS Development - Brickell

62-story tower by JDS Development

Preliminary site plan: Two commercial towers. Photo courtesy of Shop Architecture and Kobi Karp


JDS Development announced this March that it
plans to bring a 62-story, 1,000-unit, 200-key luxury condo-hotel to Brickell’s western edge. SHoP Architects and Kobi Karp Architecture will comprise the design team.

62-story tower by JDS Development - Southside Park

Preliminary site plan: Rendering of renovated Southside Park. Photo courtesy of Shop Architecture and Kobi Karp


The tower is set to feature 60,000 sq. ft. of spa and wellness space, 250,000 sq. ft. of office space, and 1,650 parking spaces. The Brickell-area project will also include upgrades to Southside Park and a state-of-the-art firehouse. Its proximity to the Underline and Brickell Metrorail Station is expected to draw buyer attention as well as street-level interaction.

62-story tower by JDS Development - Site Plan

Preliminary site plan: Miami fire station, two commercial towers and a renovated Southside Park. Photo courtesy of Shop Architecture and Kobi Karp


Construction Status


The Edge on BrickellBrickell

The Edge on Brickell

Photo rendering courtesy of Kobi Karp


After changing hands, it seems this narrow piece of riverfront property is finally making headway.
Demolition is now underway at the site, after developer Brick Group acquired a permit in December last year.

The planned riverfront tower is set to rise 58 stories with 198 hotel rooms and 70 residential condos. Designed by Kobi Karp, the slim tower will also feature two restaurants – one rooftop and the other ground-level.


Other Updates


Island Bay - Edgewater

Island Bay - Edgewater


With its
utilities deal in place, this 60-story twin tower project by the Melo Group is one step closer to construction. Designed by Arquitectonica, the façade of both towers will feature unique zig-zag patterns and have a lighting scheme for the night, adding to Miami’s skyline.

While it could take the project two to three years to get all its permits in place, for now, the development is expected to rise 648 feet on Edgewater’s last vacant waterfront parcel. The residential tower is set to include 792 condos and 12,600 sq. ft. of retail while connecting to the Baywalk. Residents will also get easy access to the water as small docks with steps are being designed for kayakers and paddle boarders to walk up ashore.

Aston Martin ResidencesDowntown

Aston Martin Residences


G&G Business Developments made sure audiences took notice of the
addition of luxury kitchen amenities to their branded residences. Inviting Britain’s acclaimed Chef Justin Brown to their sales gallery, the cooking demo commemorated traditional English recipes cherished by the Royals, served alongside Gaggenau’s stainless steel appliances and Bulthaup cabinets.

With its first glass installed last month, the 66-story high-rise is on track for a 2022 completion. Featuring a unique wind-sail design, the ultra-luxury tower is designed to offer residents signature Aston Martin touches throughout its common areas, the only deep-water superyacht marina in Downtown, a sky lounge, infinity pool, spa, two cinemas, an art gallery, barber station, kids’ room, optional butler service, and more.

Prices start at $750,000 for condo units, while penthouses are available for $50 million

Ten30South Beach

Ten30 - South Beach


Developer Shoma Group closed on a
$17.6 million construction loan for its boutique condo offering. Planned to offer moderately priced condos in highly sought-after South Beach, Ten30 is set to rise four stories high with a total of 43 residences. Amenities include a 6,000 sq. ft. rooftop deck, lounge, and outdoor kitchen with barbecue and yoga space. 

With developers looking to make the project more affordable for domestic buyers, its initial deposit requirements have been lowered to 15%. Further, qualified domestic buyers can get up to 97% financing. 

Prices start in the low $400,000s, with a choice of studios to two-bedroom residences

Eighty Seven ParkNorth Beach

Eighty Seven Park


With closings started this January, developer Terra Group has already
paid off its $155 million construction loan with more than 90% of residences sold. Such a quick recovery simply points to the high-demand of this recently completed condo offering.

Eighty Seven Park represents the first residential venture in the U.S. by Pritzker Prize-winning architect Renzo Piano. Its plush interiors and luxuriant exterior living spaces come designed by the Paris-based studio of Rena Dumas Architecture Interieure (RDAI). The oceanfront building stands 18 stories tall with 70 designer residences. Its amenities include a two-acre private park, direct beach access, swimming pool with cabanas and towel service, Enoteca (wine lounge), a second swimming pool with outdoor café and juice bar, a salon, full-time botanist, gym and spa.

Prices for remaining residences range from $2 million to $10 million



See a Miami pre-construction condo you’d like to call home? Call us today at (786) 930 4220 to know more about how we can help you.

Not ready to invest yet? Read our comprehensive guide to buying pre-construction condos in Miami.

Contact Us
Sep Niakan
Broker / Team Lead
(305) 697-7667
sep@blackbookproperties.com
Request Info
By sending you agree to CondoBlackBook's Terms of Use

Your Miami Condo Awaits

Recent Posts

Best Pre-Construction Miami Condos with Private Marinas
Preconstruction Best Pre-Construction Miami Condos with Private Marinas
Miami stands out as an internationally acclaimed haven for boat owners. It offers vast stretches of pristine turquoise waters, ideal for unforgettable days of sailing, cruising, sport fishing, and nautical adventure. And one of the most coveted treasures of living in Miami is the opportunity to dock your vessel at your own private marina or boat slip, just steps from your residence.  However, many existing Miami condos with a boat slip for sale are often in older buildings, making them not as desirable as a brand-new, pre-construction condo, where you would be the first to live in a new, luxurious waterfront condo building. So we’ve done your homework for you, and in this guide, we’ve created a list of the best pre-construction Miami condos with private marinas.  — What to Know About Mooring Your Boat in Miami Although boating in Miami is a highly popular activity, securing a spot for your boat can be challenging, inconvenient, and lack exclusivity. Depending on your vessel’s size,...
The Most Luxurious Condo Buildings in Coconut Grove
Real Estate News The Most Luxurious Condo Buildings in Coconut Grove
Coconut Grove is not just about rich foliage, Florida bungalows, and old Spanish or Mediterranean estates. It’s also home to a growing number of thoughtfully designed luxury residences crafted by world-renowned architects.  For a taste of this historic neighborhood and its plush properties, we’ve listed the five most luxurious (and most expensive) projects that perfectly fit your Coconut Grove condo for sale search goals, plus exciting pre-construction condo projects around the area that set the bar high for phenomenal living in this elegant and highly desirable bayfront part of Miami. — Why Choose Coconut Grove? The partly coastal neighborhood of Coconut Grove sits along Biscayne Bay and is characterized by lush, tropical foliage and a relaxed yet sophisticated bohemian vibe. Its collection of boutiques, unique shops, colorful cafés, diverse restaurants, historical venues and estates, nationally ranked schools, lush parks, and cultural events like the Coconut Grove Arts Festival...
March 2024: Miami New Development and Pre-Construction Condo Update
Preconstruction March 2024: Miami New Development and Pre-Construction Condo Update
Four iconic condo projects launched sales this March. From Miami’s first rock and roll-themed Rider at Wynwood to Coconut Grove’s exclusive Four Seasons Residences, every condo project has been curated to offer a unique lifestyle in Miami’s evolving residential landscape. This March, hypercar maker Pagani announced its first-ever residential venture in partnership with Riviera Horizons. Four highly anticipated projects broke ground, including 600 Miami Worldcenter, JEM Private Residences, and Origin by Artefacto. And a key ruling that could impact condo bulk buyouts across South Florida was also revealed. Read on below for details on these and more exciting updates in our Miami pre-construction market roundup for March 2024: Sales Launched Four Seasons Private Residences – Coconut Grove The Rider at Wynwood – Wynwood La Maré Bay Collection – Bay Harbor Islands Solina Bay Harbor – Bay Harbor Islands To Be Launched Pagani Residences – North Bay Village One Twenty Brickell –...
Save on Your Miami & Florida Property Taxes with This Video!
Real Estate News Save on Your Miami & Florida Property Taxes with This Video!
Did you know that property taxes can’t ever increase more than 10% for investors in Florida? Information nuggets like this can easily shave thousands of dollars off your property tax bill in South Florida! In our latest video, Sep Niakan, founder and lead broker of Blackbook Properties, talks to CPA and Miami tax expert, Christian Daulong about the simplest ways to save money on your real estate taxes in Miami, Florida. There’s a lot to take away from this, so permanent residents, second homeowners, and investors, take note!     As a Miami homeowner, we want what’s best for YOU! That's why we’re sharing our top Florida property tax tips (try saying that fast!) for primary homeowners, second homeowners, and even investors. With these recommendations, you’ll make the most out of your South Florida property, so you can fully immerse in Miami’s vibrant culture and beautiful beaches smartly and with financial peace of mind. Learn how to maximize your benefits from the Homestead...
Where to Find the Lowest Property Taxes in Miami
Opinions and Advice Where to Find the Lowest Property Taxes in Miami
Miami’s growth has skyrocketed over the years as more people choose to live here for its incredible weather and low taxes. But many people considering buying Miami real estate wonder what the property tax rates in Miami are. Moreover, most people don’t love talking about property taxes. When looking for a home, buyers focus more on living aspects, like the square footage, layout, amenities, outdoor space, or kitchen upgrades. Still, buyers must pay attention to property tax rates as part of their purchase and, once they become owners, as part of their budget. If you’re considering buying a condo or house in Miami or Miami Beach, this guide will help you compare property tax rates in the most popular neighborhoods around the cities, and show you where to find the lowest property taxes in Miami-Dade County in 2024.  — Know Your Miami and Miami Beach Property Tax Rates In Miami-Dade County, property tax notices are sent out each year on October 30th. Below are the updated property...
Pagani Residences Miami: Live in the Lap of Hypercar Luxury
Preconstruction Pagani Residences Miami: Live in the Lap of Hypercar Luxury
Miami, it’s time to get hyped about hypercar luxury residences with the groundbreaking fusion of the hyper-automotive industry and architecture through the creation of Pagani Residences. Nestled in the picturesque North Bay Village, this exclusive development marks the world's first collaboration between Italian hypercar icon Pagani Automobili and Miami-based real estate developer Riviera Horizons. And it continues the trend of luxury car branded-residences, which has brought Miami the likes of Aston Martin Residences in Downtown Miami, Bentley Residences in Sunny Isles Beach, and of course, Porsche Design Tower, where residents drive up to their condo homes with its patented Dezervator elevator system.For Pagani’s first venture into the real estate world, Miami’s iconic skyline and global appeal make the perfect backdrop, and in this blog, you’ll find out why Pagani Residences Miami promises a living experience that is engineered to live up to its hypercar luxury name. —...