Monthly Pre-Construction Update - December 2017

Monthly Pre-Construction Update - December 2017

Jan 17, 2018 January 17, 2018

Taking a cue from the New Year and new beginnings, we saw the condo pre-construction market make three ground breakings this December. After months of silence, there was finally some hustle from developers at Resorts World Miami. Ritz-Carlton Residences went ahead to add another power-packed amenity to their list, while Aston Martin sealed the deal on becoming Miami’s second tallest. Read in-depth about these and more below:

Groundbreaking


Elysee MiamiEdgewater

After securing a construction loan in October, Elysee went on to break ground this December. Developers, Two Roads Development are on-track for their 2019 completion date. The 57-story waterfront building will feature 100, half-floor condos. Standout amenities include public spaces designed by Jean Louis-Denoit, a 7th floor amenity deck with pool, bar, yoga studio and children’s playground, plus a 30th floor Owners Sky Lounge equipped with a private theater/library, game room, wine room, bar and lounge area.

Prices range between $1.5 million and $10 million, with a choice of three to five bedroom residences

Elysee Miami
Photograph : Courtesy of Elysee Miami

30 Thirty North OceanFort Lauderdale

This five-story boutique building also broke ground in December. Developer Adam Adache is looking to deliver 24 penthouse-style condos with two parking spaces each. Priced at ‘half the price of this exclusive neighborhood’s typical single-family homes’, nine units have already been sold at 30 Thirty N Ocean. Amenities include a two-story Club House with adjoining resort-style pool, gazebos, spa and membership to the Club at Harbor Beach Marriott Resort & Spa.

Prices range between $1.2 million and $1.55 million, with a choice of 2,100 to 3,100 sq. ft. three-bedroom residences

30 Thirty North Ocean
Photograph : Courtesy of 30 Thirty North Ocean

AdagioFort Lauderdale

Another boutique building, the Adagio broke ground in Fort Lauderdale Beach. Aiming for a 2019 completion, this 10-story project features 31 luxury condos. 30% sold, the boutique project sits overlooking the Intracoastal. Highlights include Steven G designed interiors, private marina with 53-foot slips, multiple pools with cabanas, media room and pet wash/grooming station.

Prices start at $1.8 million, with a choice of two to four bedrooms

Now Open


Biltmore ParcCoral Gables

With its TCO in place, Biltmore Parc held its unveiling ceremony in the presence of Mayor Raúl Valdés-Fauli and 200 other guests. The luxury boutique building features 32 elegantly appointed residences. Residents will now be able to enjoy its two lounge areas, premium artwork in the Artefacto-designed lobby and a one-year membership to the historic Club at the Biltmore Hotel.

Prices on the resale market range between $1.2 million and $1.7 million 

Biltimore Park
Photograph : Courtesy of Biltmore Parc


Proposals


Resorts World MiamiArts and Entertainment District

After months of quiet, Resorts World Miami finally broke the silence with a request to the City for a lease on off-shore land for its marina. The submerged land is jointly owned by City of Miami and the Florida Department of Transportation. Developers announced their plans of building a 50-slip, mega-yacht harbor last year. The multimillion dollar, mixed-use project will also feature two residential towers, a hotel, retail, parking and an 800 ft. baywalk. Plans for its casino component have made no headway as yet.

Resorts World Miami
Photograph : Courtesy of Resorts World Miami


Approvals


Aston Martin Residences - Downtown

After a six-month review, the Federal Aviation Administration (FAA) finally approved the ultra-luxury tower to be built to a height of 816 feet above ground. This immediately makes it the second tallest in Miami. Soaring 66 stories above Downtown, the ultra-luxury building will come detailed with Aston Martin’s signature color palette, textures, stitching and more. Besides these iconic touches, residents will also gain access to a rooftop helipad, super yacht marina, 55th floor infinity-edge pool, two-level ocean-view fitness center, full service spa, private club and more.

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
Photograph : Courtesy of Aston Martin Residence

Condos by José Isaac Peres – Mid-Beach

Sent to the drawing board last year, the Brazilian billionaire’s team re-submitted tweaked plans in October to the Miami Beach Design Review Board. Replacing Marlborough House, the 90-unit project got approved with inclusion of public beach access and reduced width. The 17-story luxury condo building will now feature a 15-foot-wide beach path, complete with lampposts, benches and landscaping accessible to the public.


Amenity Alert


The Ritz-Carlton ResidencesMid-Beach

Upping the ante in condo amenities, this Pierro Lissoni-designed project will have its own aquatic helipad. Residents arriving by private jet can look forward to a helicopter ride to this mobile aquatic helipad, after which a ‘day yacht’ will bring them home. Other standout amenities at this ultra-luxury development include a restaurant, wellness center, pool deck, kids club, 33rd floor private club, lounge, two bars and guest suites.

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

The Ritz-Carlton Residences
Photograph : Courtesy of The Ritz-Carlton Residences

Other Updates 


The Estates at AcqualinaSunny Isles Beach

A celebration marked the beginning of the construction process at the Estates at Acqualina. New York Yankees Derek Jeter and Jorge Posada attended the event held in conjunction with two local charitable foundations. The demolition work has started on-site and is expected to complete by March. The waterfront estate will deliver 245 luxurious residences perched in two, 50-story towers. Jaw-dropping amenities at this ultra-luxury development include a lobby designed by Karl Lagerfeld, ice-skating rink, golf simulator, Wall Street trader’s clubroom, bowling alley, Formula One racing simulator, FlowRider wave simulator and more.

Prices range between $4.2 million and $9 million, with a choice of three to seven bedroom residences

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

26 EdgewaterEdgewater

Expecting to open early next year, 26 Edgewater is nearing completion. The boutique condo is more than 90% sold. Residents will have access to a rooftop pool deck, lounge with full kitchen, private lanais for select residences and 10,000 sq. ft. of ground-floor retail at this 10-story mixed-use development.

Prices start at $330,000, with a choice of one and two bedroom residences

26 Edgewater
Photograph : Courtesy of 26 Edgewater

Paramount Miami WorldcenterDowntown

Construction of the condo tower at Paramount Miami Worldcenter has reached the half-way mark. With a 2019 completion, only 30 of the 60 floors remain to be constructed. A theme park of an amenity deck is the highlight of this mixed-used development. Residents will have access to the country’s first outdoor soccer field in a residential high-rise, a dog park, yoga studio, racquetball court, basketball half-court, food market, jam room with recording studio and sky-high observation deck once complete.

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

Paramount Miami Worldcenter
Photograph : Courtesy of Paramount Miami Worldcenter

 
Have an update to report? Leave us a comment below or share which of these has you excited?

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

How to Spend the 4th of July in Miami & More Summer Events 2022 - Miami Swim Week, Rolling Loud Miami, Swedish House Mafia, Ballet Festival
Lifestyle How to Spend the 4th of July in Miami & More Summer Events 2022 - Miami Swim Week, Rolling Loud Miami, Swedish House Mafia, Ballet Festival
Summer is hot in Miami and so are the events. We’ve got all you need to celebrate July with a bang! With an overflowing events calendar this summer, you’ll be spoilt for choice. Continuing with Miami Hotel discounts and topping those with Miami Spa special savings, you won’t be able to resist a weekend or two for self-care. Music lovers of every sort are in for a treat as the Rolling Loud Fest, Miami Salsa Festival, MB Classical Music Fest, Seaside Summer Fest, and Swedish House Mafia hit the stage in Miami. There are also plenty of summer camps and activities to keep the kiddos blissfully busy. Not to forget, the Fourth of July is right around the corner and Miami’s night sky is going to be lit with fireworks and the sweet smell of all-American barbecues. Check out our special curation of Independence Day events to make the holiday even more spectacular. And, read more below for a complete list of Top Things to Do in Miami this July 2022: Things to Do in Miami - July Events at a...
The 5 Most Luxurious Condo Buildings in Downtown Miami
Real Estate News The 5 Most Luxurious Condo Buildings in Downtown Miami
Downtown is, and continues to evolve as, one of Miami’s top neighborhoods, especially because of its central location to all that Miami has to offer, its views of Biscayne Bay, and its major public transportation hubs. In recent months, developers have been delivering world-class projects with unmatched luxuries in this urban core.  Today, a host of ultra-luxury buildings call Downtown Miami home, and we’ve listed the 5 Most Luxurious Condo Buildings in the neighborhood that set the bar for top-notch living. We’ve also included a few bonus pre-construction condo buildings that will provide even more luxurious lifestyle options for you to choose from if you’re looking to move to Miami or invest in this international city. Last updated on June 23, 2022 Why Choose Downtown Miami? Downtown is home to some of Miami’s best art, culture, shopping, entertainment, and social hotspots. It not only ties for #1 on our 11 Most Walkable Neighborhoods in Miami report, but is also the best...
Video: Agent Faves - Our 3 Favorite Condo Buildings in Sunny Isles Beach, Miami
Video Blog Video: Agent Faves - Our 3 Favorite Condo Buildings in Sunny Isles Beach, Miami
Close enough to all the action in Aventura and Miami Beach, yet far enough removed from touristy chaos, Sunny Isles Beach has turned into a darling for luxury developers in recent years. This upscale seaside community is home to an enviable collection of luxury-branded, high-rise condo towers, such as the Porsche Design Tower, Estates at Acqualina, Mansions at Acqualina, Turnberry Ocean Club, Muse, Jade Signature, and each one more luxurious and beautiful than the next. But we have a few that top our list of favorites. Check out Blackbook Properties’ Condo Specialist and licensed agent Vera Berezhnaya talk about her top 3 favorite luxury condo buildings in Sunny Isles Beach: Residences by Armani/Casa What we love about this building? Every unit in this oceanfront high-rise features a summer kitchen.  Milan couture meets Miami charm in this 66-story ultra-luxury high-rise. Besides affording private beach access, this 649-foot glass tower features 308 designer condos with interiors...
The Top 10 Miami-Area Beachfront Condos in Preconstruction Right Now!
Real Estate News The Top 10 Miami-Area Beachfront Condos in Preconstruction Right Now!
What’s more popular than Miami and South Florida’s sensational beaches these days? It’s our upcoming beachfront properties that are topping wishlists across the globe – luxury created for buyers from New York to New Zealand!  Regardless of whether you’re looking to move to the beachside for dazzling morning-to-night water views, instant access to a yachting lifestyle, or simply for bragging rights – an oceanside home in South Florida tops the wishlist for many - there are several upmarket projects on the horizon that offer you an oceanfront address. With developers eager to stay relevant in Miami and South Florida’s growing condo market, there are plenty of luxury, oceanfront condo preconstruction projects in the pipeline. Here’s our list of the Top 10 Upcoming Luxury Beachfront Condo Projects in Miami and Pompano Beach: Miami and South Florida’s Beachfront Condo Preconstruction projects at a glance: The Perigon - Mid-Beach Bentley Residences - Sunny Isles Beach St. Regis Residences...
Video: Comparing Miami’s Best Neighborhoods - Coconut Grove vs Brickell
Video Blog Video: Comparing Miami’s Best Neighborhoods - Coconut Grove vs Brickell
When most people are thinking about moving to Miami, two super popular neighborhoods are Coconut Grove and Brickell. These two neighborhoods are pretty much neighbors, and only about a 5-10 minute drive separates them. But they are very different and offer completely different lifestyles and vibes. So, how can you know if Brickell - the Manhattan of the South – is right for you? Or will the laid-back and tropical Coconut Grove neighborhood be better? Check out our video comparing these two Miami neighborhoods to help you decide which one could be your next home.  Coconut Grove vs Brickell While both areas provide plenty of variety in housing options, they also offer differing lifestyles and benefits. We’ve provided a comparison of these two popular Miami neighborhoods based on categories we think are important to living a good quality of life – things like lifestyle, parks and green space, shopping, entertainment and culture, walkability and transportation, and cost of living...
42 Pine: Boutique luxury and Kosher-friendly in Miami Beach
Preconstruction 42 Pine: Boutique luxury and Kosher-friendly in Miami Beach
It’s beautiful. It’s boutique. It’s Kosher-friendly. And, it’s in Miami Beach. Developer JP Roosevelt LLC, an entity managed by New York’s Boylmelgreen family, recently launched early sales and secured a $35.5 million loan to start the boutique condo project in the exclusive Pine Tree Drive area of Miami Beach. At only 8 stories, 42 Pine will offer 1 - 3 bedrooms residences, starting at 700 square feet and going to 2,700 square feet. Set for a 2023 completion, early friends and family pricing start at $700,000. Its eight exquisite penthouses start from $4 million.  Designed to offer modern luxury for Jewish residents, 42 Pine will feature gourmet Kosher kitchens, offerings two sinks, two sets of appliances, and separate cabinets for meat and dairy dishes – a true one-of-a-kind condo project in Miami Beach. 42 Pine: A Luxurious Hill Town in Miami Beach  42 Pine will be an 8-story condo community with 50 move-in-ready residences. Designed by Miami’s award-winning Arquitectonica,...