Miami’s New and Pre-Construction Condo Update: May 2018

Miami’s New and Pre-Construction Condo Update: May 2018

Jun 20, 2018 June 20, 2018

Pre-constructions really made the dust fly this May, as multiple shovels broke ground. Gala events set higher stakes, as movers and shakers lined up to be dazzled. And, condos picked up favor in North Beach. Read on for details on these and more below…

Breaking Ground

The Estates at AcqualinaSunny Isles Beach

The Trump Group really aced its ground-breaking ceremony with skydivers, a marching band and 25 Rolls-Royces for bystanders. After beginning demolition this past December, foundation work has already started on both towers plus the amenity deck. Once complete, this waterfront estate will deliver 245 luxurious residences perched in two, 50-story towers. The impressive amenity line-up includes a lobby designed by Karl Lagerfeld, an ice-skating rink, golf simulator, Wall Street trader’s clubroom, bowling alley, Formula One racing simulator, FlowRider wave simulator, soccer field, dog park, beachfront restaurant, multiple infinity pools and more.

Prices range between $4.2 million and $14.5 million, with a choice of three- to seven-bedroom residences. Penthouses start at $32 million.

The Estates at Acqualina
Photograph : Courtesy of The Estates at Acqualina

GlasshausCoconut Grove

The shovel has hit the ground for one of the hautest new boutique condos to come up in Miami. With its ground-breaking in May, construction is expected to begin as early as June. There will be 23 sleek residences housed in this 5-story building. Besides an all glass exterior, residents will be treated to a ‘living wall’ garden in its lobby, resort-style rooftop pool with cabanas, rooftop summer kitchen and lounge, Zen Garden, detached fitness center, underground parking and more.

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

Glasshaus Coconut Grove
Photograph : Courtesy of Glasshaus

Four Seasons Hotel and Private ResidencesFort Lauderdale

Construction is in full swing for this Four Seasons backed condo-hotel post groundbreaking. The 22-story property is set to feature 90 (furnished and unfurnished) condos plus 130 hotel rooms. Owners of private residences can expect to get privileged access to the hotel brand’s iconic Fort Portfolio properties, beach butlers, spa services and everything a Four Seasons property stands for.

Four Seasons Hotel and Private Residences
Photograph : Courtesy of Four Seasons Hotel

Gone Vertical

AdagioFort Lauderdale

Just a few months post groundbreaking, we have Adagio successfully going vertical. This 10-story, boutique building will be home to 31 luxurious condos. Standout amenities include a private marina with 53-foot slips, sunset and rooftop pools, a yoga studio and pet wash/grooming station, besides the usual gym and media center.

Prices start at $1.8 million, with a choice of two- to four-bedroom residences

Adagio Fort Lauderdale
Photograph : Courtesy of Adagio

Completed

Aria on the Bay - Edgewater

Edgewater’s last Bayside development now stands complete. Working on closings, this 53-story, 648-condo high-rise overlooks the lush Margaret Pace Park. Residents will soon be able to access the stellar 14th floor amenity deck with its sunrise-sunset pools, lounge area, BBQ grills and Jacuzzi. Other amenities include a yoga studio, spa, bar and lounge, game room, screening room, street-level retail and more.

Price for remaining units range between $400,000s and $1.8 million, with a choice of one to four bedrooms

Aria on the Bay
Photograph : Courtesy of Aria on the Bay

Sales Launch

Hilton-branded Okan Tower by Turkish Okan GroupArts and Entertainment District

A party of 800 (including Mayor Frances Suarez) witnessed the sales launch of the Okan Tower at Perez Art Museum Miami. The top floor soiree treated guests to drinks and hors d’oeuvres, tunes by a master violinist, a Turkish Jazz band, DJ, floating barge with digital billboard for renderings and fireworks on the Bay.

The Turkish developer announced plans for a 70-story condo-hotel featuring 153 condos, a 294-key Hilton hotel, 236 condo-hotel units, 64,000 sq ft of Class A office space and a 67th floor restaurant. Amenities will include a 70th floor sky pool, outdoor lounge, Hammam spa, movie theater, wine cellar, cigar room and more.

Prices start at $318,500, with a choice of 447 sq. ft. to 1,245 sq. ft. residences

Okan Tower Miami
Photograph : Courtesy of Okan Tower

Proposed

North Beach Hotel project by Silvia Coltrane – North Beach

Developer Silvia Coltrane and partners are proposing to add condos to their mixed-use project 72+ Collins Hotel. They plan to put the proposal before the city’s planning, zoning and design review boards. If approved, the North Beach development will have 25 new condos with its 187 hotel rooms. The proposed amenities include ground-level retail, outdoor seating and gardens, a full-service restaurant, sports bar, piano bar, wine room, two swimming pools and more.

Subscribe for monthly updates on such and more condo pre-construction news in Miami.

Contact Sep Niakan
Founder, Condoblackbook.com & Owner/Broker, HB Roswell Realty
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