News on Brickell Heights

The Related Group obtained a $160.5 million construction loan for its dual tower Brickell Heights project in Miami.

 

Wells Fargo Bank, acting as an administrative agent for a group of lenders, granted the mortgage to Related Group affiliates 9SMA LLC and 9SMA West LLC. The Miami-based developer broke ground on the 49-story project at 850 South Miami Ave. in July 2014. Like most Miami condo projects during this new cycle, it’s heavily funded by 50 percent buyer deposits.

Brickell Heights will have 358 units in its east tower and 332 units in its west tower.

The project should be completed in early winter 2017. Prices start in the low $300's per square foot for the smaller units and reach $500 per square foot. Unit sizes range from 600 square feet to 2,400 square feet for the penthouses.

Amenities include a 35,000-square-foot Equinox gym, a Soul Cycle studio, and several restaurants. The east tower will include 35,000 square feet.

 April 5, 2015 – From Florida Business Journal

Timing is everything for Related Group with Brickell Heights

The Related Group broke ground on the 49-story Brickell Heights in July 2014 

The Related Group is pacing itself in this new development boom so it doesn't flood the market with too much supply – a strategy it's employing in Miami's wealthy Brickell area.

The developer broke ground on both towers of the 49-story Brickell Heights in July 2014. After selling out about 95 percent of the 358 units in the east tower, Related has now launched sales of the 332 units in the west tower. Given that the construction schedule was the same for both, they could have put them on the market at the same time.

"The way Related programs all its condo development is we don't want to flood the market with too much product at once," said Arden Karson, Related's project manager for Brickell Heights. "We are strategic in how we release inventory. It allows us to go to market with a lot of pent up demand."

Some analyst estimate that about 6,400 condos are scheduled to be completed east of Interstate 95 in South Florida this year, followed by 6,700 units in 2016 and 5,000 in 2017. That's assuming all of those projects move forward as scheduled. Related is once again the largest developer in this round of building.

Brickell Heights, located on South Miami Avenue between 9th and 10th Street, is scheduled to be completed in early winter 2017, Karson said.

Karson said Brickell Heights has a pricing advantage over much of the new products in downtown Miami. It starts in the low $300's per square foot for the smaller units and goes up to $500 per square foot. Many other new condos on Brickell are listed in excess of $600 per square foot.

Related can offer a lower price point at Brickell Heights because it purchased the site for a reasonable price in 2013 and locked in construction costs before the explosion of development activity, he added.

"We bought it at a different point in the cycle so our buyers can experience tremendous value," Karson said.

Units in Brickell Heights range from 600 square feet to 2,400 square feet for the penthouses. Amenities include a 35,000-square-foot Equinox gym, a Soul Cycle studio, and several restaurants. The east tower will include 35,000 square feet of office condos, which are mostly sold out, she said.

The Related Group broke ground on the 49-story Brickell Heights in July 2014

Jan 26, 2015, From Florida Business Journal

For more Information about pre-construction projects, please email or call:

Henry B. Nathan: 954.296.6741

hbnathan@gmail.com

Florida Real Estate Agent – United Realty Group

View all South Florida New Construction projects

FAENA announces 2 new luxury projects in Miami Beach

Faena announces two condo towers at Miami Beach’s Versailles Hotel 

 

 Miami Beach's market for luxury apartments seems relentless. Foreign buyers'  apetite for ultra-luxurious condos and penthouses will promptly find new opportunities.

I read today in the South Business Journal what will put some excitement in a few realtors' life:

Alan Faena plans to build 22 condos in the former Versailles Hotel and a 41-unit condo next door. 

Argentine developer Alan Faena announced plans for two condo towers at the site of the Versailles Hotel in Miami Beach.

Located at the southeast corner of Collins Avenue and 35th Street, Faena Versailles Classic will have 22 units designed by William Sofield and Faena Versailles Contemporary will have 41 units designed by Brandon Haw. Prices range from $3 million to over $50 million in both projects. They are slated for occupancy in 2017.

“Faena Miami Beach will be the new paradigm of the Miami lifestyle, one where design, refined hospitality and culture converge,” said Faena, head of Faena Group, who is partnering with Len Blavatnik on the project.

The Faena Versailles Classic will be built inside the historic façade of the hotel, which was built in 1940. The design will stay Art Deco with a grand lobby, terrazzo flooring and custom chandeliers, in addition to a garden and reflecting pool. Units will range from one bedroom and 1,034 square feet to four bedrooms and 2,743 square feet. It will also have two duplex penthouses of up to 7,300 square feet with a private roof deck and pool.

Faena Versailles Contemporary will be a new structure next to the hotel and aims to have a design that reflects the hotel's architecture. Units will range from 1,111 square feet with one bedroom to 5,469 square feet with five bedrooms. Each unit will have a balcony. There will also be a full-floor penthouse of 8,000 square feet with 2,500 square feet of outdoor space and a rooftop duplex of 8,200 square feet with a private deck and large infinity pool.

Faena has many projects underway in the Faena District, which spans from 32nd Street to 36th Street in Miami Beach. It owns the Faena Saxony Hotel.

The company is currently building Faena House nearby and said all 47 units are sold out and expected to start closing this spring. Faena acquired the Versailles property for $100 million in 2013.

From South Florida Business Journal – April 2^nd, 2015

For more more information  about development projects, please email or call:

Henry B. Nathan: 954.296.6741

hbnathan@gmail.com

Florida Real Estate Agent – United Realty Group

View all South Florida New Construction projects

   You asked for a reasonably priced, Fort Lauderdale Beach 

Pre-construction Project.

We got exactly what you were looking for:

The Gale Fort Lauderdale Residences

 

 

Completion: Estimated at end of 2016
Developed By: Newgard Development Group and Menin Hospitality

Architect: Garcia Stromberg

128 Exclusive Residences

Starting Price: From $385,000

Nestled on one city block, with stunning views of the Intracoastal, surrounded bv world renowned hotels, restaurants, nightlife, and only a few steps from or Lauderdale Beach, the Gale Fort Lauderdale Residences will offer:

• Two Rooftop Pools
• State of the Art Fitness Center
• Premium Concierge Service
• 24 Hour Valet Service for Residents
• Secure High-tech Parking for Residents
• One Block from the Ocean
• Expansive roof-top sky deck
• Located on the Intercoastal Waterway
• Steps from World Class Shopping, Dining & Nightlife
• Units Delivered Fully Furnished
• Prices from the $385,000

The Gale Fort Lauderdale Residences  -  Units selection:

• 1 Bedroom: 780 – 795 square feet
• 1 Bedroom + Den: 820 square feet
• 2 Bedroom: 1,225 – 1,230 square feet
• 2 Bedroom + Den: 1285 – 1,310 square feet
• 3 Bedroom: 1,985 square feet

 

 

 

The Gale Fort Lauderdale Residences Amenities: 

 

• Residences delivered fully finished
• Smart building technology
• Modern, open-concept floor plans
• Floor-to-ceiling sliding glass doors with impact resistant glass
• Full-width oversized balconies available
• Pre-wired for multiple phone lines, cable TV and high-speed internet
• Spacious walk-in closets
• Gourmet Kitchen with top of the line appliances
• Imported cabinets and contemporary hardware
• Spa like amenities including soaking tubs in Masters
• Dual sinks in select bathroom units
• Custom-finished floors and walls in wet areas
• Glass shower enclosures
• Designer fixtures accessories
• Hotel services for all Owners at all outlets, such as restaurants, room service, bars, fitness center and business center

The Gale Fort Lauderdale Residences Benefits:

• The Gale Ft Lauderdale services will be available to Residents
• Owner privileges at Menin Hospitality Properties
• 24 Hour Valet for all residents
• Units delivered fully finished
• Building Amenities: 2 Rooftop pools (one for residents only on 8th floor), club room and fitness center

The Gale Fort Lauderdale Residences Deposit Structure:

• 10% at Reservation
• 10% at Contract
• 20% at Groundbreaking
• 10% at 8th Floor
• 50% at Closing

 

About Fort Lauderdale Beach

Few communities compare with the richness and vitality of Downtown Fort Lauderdale, with its vast array of activities and resources, including a world renowned center for the performing arts, a superb library, museums, restaurants, universities, and a beautiful riverside park. Outdoor cafes, trendy boutiques and galleries at Las Olas, and the picturesque brick paved Riverwalk, adjoining the New River.
Fort Lauderdale has over 3500 restaurants and more than 110 nightclubs offering distinct cuisine and diverse live music nightly A short drive from Port Everglades and the Fort Lauderdale/Hollywood International Airport, Fort Lauderdale has been called the ‘Venice of America’.

Twenty three miles of smooth sand and water and a 165 mile network of navigable waterways boasting sightseeing cruises and the fun filled Water Taxi, Famous as a beach resort, it is also a top destination for boats and yachts.. The Greater Fort Lauderdale community extends from the Atlantic Ocean in the east to the edge of the Everglades, some 25 miles to the west.
Twelve major shopping malls and countless specialty shops, from the exclusive Las Olas Boulevard boutiques to the World’s largest indoor flea market. The new Hard Rock Casino attracts thousands of visitors within its ample entertainment facilities.
Fort Lauderdale most famous beach is a long stretch between Las Olas and Oakland Park Blvd. Notorious years ago for some wild partying by spring break students, it is now an attractive place for locals and tourists as well. Its white sands and multiple restaurants, bars and stores attract mostly the young crowd.
The Galt Ocean Mile is a mile-long strip along the ocean running north from Oakland Park Blvd to the area where Fort Lauderdale meets Lauderdale-By-The-Sea. Many well maintained buildings have wonderful locations close to the beach and great amenities.

For more information or reservation, please call directly

Henry B. Nathan

 (800) 416-2747   (954) 296-6741

Email me: hbnathan@gmail.com

mentioning

THE GALE  -  Pre-Construction in Fort Lauderdale

or visit our website 

http://gale-fortlauderdale.com/

Hyde Beach House - New Waterfront Pre-Construction project in Hollywood

Hyde Beach House

 

 

Luxury living in Hollywood, Florida

345 units of 1, 2 and 3 bedrooms
77 Condos Decorator Ready units; unrestricted use (Carpet flooring included)

265 Resort Units (Finished and Furnished); restricted use of 150 days/year (Carpet flooring included)
41 Floors(446’)
Prices starting at $430,900 - $625/sq,ft
No Rental Restrictions 

Estimated Maintenance Fees: $0.95/ft.

 

The Aqua Club – offering outdoor aquatic sports
Tennis and indoor Racquetball Courts
Resort-Style Amenities for Hyde at the Beach House
Steps Away from VIP Access to Hyde Beach Club and Amenities

Payment Schedule

10% due at Reservation (2nd quarter 2015)
10% due at contract (4th quarter 2015)
10% due at ground breaking (2nd quarter 2016)
10% due at Pouring of the Amenity Deck (3rd quarter 2016)
10% due at Top Off (2nd quarter 2017)
50% Balance Due upon Closing (2nd quarter 2018)

 

Hyde Beach House Building Features and Amenities

• Located in Hollywood Beach in the heart of South Florida, Hyde Beach Resort Condominium Residences will rise along the pristine Beaches of the Atlantic Ocean and just minutes away from the Aventura Mall and Shops at Bal Harbour.
• Stylish and sophisticated amenity spaces by Brazilian designer Debora Aguiar
• Extraordinary architectural design by internationally acclaimed architects Cohen, Freedman, & Encinosa, projects include over 50 luxury condominiums in S. Florida including Apogee Beach, Hyde Resort & Residences, Mansions at Aqualina and Bellini Bal Harbour.
• Hyde Beach House will be professionally managed by Gemstone.
• Elegant double volume entrance lobby exquisitely appointed with hip designer furniture and finishes.
• Expansive pool deck overlooking the Intracoastal Waterway with semi-private cabanas, lounge chairs, infinity-edge pool, sculptural sun shower, , outdoor kitchen and dining area, along with an outdoor movie theater with lounge areas and fire pits.
• The Sports Club featuring the only Outdoor multi-use sports court for tennis, basketball and mini-soccer and Indoor Racquetball court in South Florida with Amazing Intracoastal Views.
• Aqua Club offering jet skis, paddle boards, kayaks, windsurfing, and kitesurfing.
• Private rooftop lounge area exclusive to residents with a Jacuzzi, modern outdoor shower, lounge area with sunbeds, dining area, fire pit, and panoramic water views.
• State-of-the-art, fully equipped fitness center with cardio theatre overlooking the pool deck and Intracoastal.
• Exclusive Health spa with men’s and women’s facilities.
• A Hyde Resort Signature Restaurant which will offers seasonal cuisine and signature craft cocktails overlooking the infinity edge pool and accessible via the Intracoastal
• Permanent installation of curated art collection throughout the building’s public spaces.

 

Hyde Beach House  –  VIP access to Hyde Beach Club and amenities

• Barefoot Butler service for snacks and beverages on the beach.
• Chaise lounges with towel and umbrella service on the beach.
• Beachside treatment rooms offering luxurious beach-inspired spa offering massage and beauty treatments.
• Beachside Fitness Center offering Personal trainers available to create customized health and wellness regimes.

HYDE BEACH HOUSE - FULLY SERVED LIFESTYLE

• Personal Concierge Services with access to 24/7/365 to the finest South Florida has to offer including:
▪ Reserving Tickets to Sporting and Theatre Events
▪ Securing Restaurant, Spa and Nightclub Reservations
▪ Yacht Charter Services
▪ Travel Itineraries as well as many more offerings
• Room service offered to all units 365 days a year
• Housekeeping, cleaning and laundry services offered to all units
• 24-hour complimentary valet parking and secured parking garage
• 24-hour attended security services and controlled access
• High-speed internet access in all public areas

 

Hyde Beach House - Residence Features andAmenities

• 77 Decorator Ready condominiums, one, two and three bedroom units with unrestricted use rights featuring open-concept contemporary floor plans
• 265 beautifully finished and furnished condominiums with a use restriction not to exceed 150 days in a year.
• Fully finished interiors furnished with contemporary European designer furniture.
• Living Rooms appointed with luxurious European design furniture and LED “Smart” televisions.
• In-suite technology, including high speed internet access, WIFI and multiple phone extensions with voicemail and individual climate control.
▪ Security features including in-room safes and electronic door locks
• Wide private terraces with glass railings and unobstructed views, accessible from the living and bedroom areas
• Dazzling Water views from virtually every residence
• Energy efficient, tinted, impact resistant, floor-to-ceiling sliding glass doors and windows
• Spacious walk-in wardrobes closets in most residences
• Individually controlled, energy efficient central air conditioning and heating systems
• Advanced Technology “Smart Building” pre-wired with fiber optic for high speed internet, data/voice cable TV access
Style Saavy Kitchens
• A premium selection of contemporary European cabinetry
• Imported stone counter tops with convenient breakfast bar in most residences
• Stainless steel appliance package with refrigerator/freezer, stove glass cooktop, built-in oven, multi-cycle whisper quiet dishwasher, built in microwave with integrated vent hood and stackable washer and dryer
• Double stainless steel under-mount sink, with single-lever European-style pullout faucet sprayer
• Imported designer porcelain tile floors
Tranquil Bathroom Features
• European style cabinetry with exceptional detailing
• Imported stone counter tops
• Full-size vanity mirrors with designer lighting
• Floors and wet walls clad in imported designer porcelain tile
• Designer bathroom fixtures and accessories
• Spacious soaking tub and glass enclosed shower

 

 

 

For more information or reservation, please call directly

Henry B. Nathan

 (800) 416-2747   (954) 296-6741

Email me: hbnathan@gmail.com     mentioning

Hyde Beach House  -  Pre-Construction in Hollywood

O RESIDENCES BAY HARBOR -

O RESIDENCES Bay Harbor Islands HAS OFFICIALLY BROKEN GROUND AMAZING VIEWS STILL AVAILABLE FROM THE $700s

2 FLOORPLAN TYPES STILL AVAILABLE  _ 1 BEDROOM + DEN _ 2 BATHROOMS _ 1,060 SQ.FT. A/C AREA _ 436 SQ.FT. BALCONY  _ 2 BEDROOMS _ 2 BATHROOMS _ 1,222 SQ.FT. A/C AREA _ 265 SQ.FT. BALCONY

BOUTIQUE ISLAND LIVING AT ITS FINEST NOT JUST A HOME BUT A UNIQUE RECREATIONAL LIFESTYLE EACH RESIDENT WILL ENJOY A CAREFREE BOAT CLUB MEMBERSHIP _ CHOOSE FROM A WIDE RANGE OF BOATS AND USE THEM AS OFTEN AS YOU WANT AT NO ADDITIONAL COST. _ VARIETY INCLUDES 18' - 27' CRUISER, BOWRIDER, PONTOON, FISHING, SKI, SAIL, AND MORE. _ FORGET THE COST OF PURCHASING A BOAT, SLIP FEES, INSURANCE, MAINTENANCE, REPAIRS, TAXES, ETC. _ IT'S LIKE HAVING A BEST FRIEND WITH A BOAT WITHOUT THE HASSLE OF OWNING A BOAT!