David Martin, Daniel Gomez, Karen Rivo, David Martinez, Commissioner Laura Dominguez, Russell Galbut, Commissioner Alex Fernandez & Eric Carpenter
The City of Miami Beach, in partnership with developers Terra, led by David Martin, and GFO Investments, led by Russell Galbut, have broken ground on the colorful pedestrian bridge that will soon welcome millions of visitors who enter Miami Beach along 5 Street.
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Regus, a global leader in flexible office spaces, has secured a long-term lease for the entirety of 429 Lenox, a 45,789-square-foot Class A boutique office building in Miami Beach’s South of Fifth neighborhood. This marks Regus’ largest footprint in the area, reflecting the growing demand for coworking spaces in South Florida.
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Miami Beach’s vibrant dining scene is getting a fresh addition with the opening of KISS, a chic cocktail and tapas bar from the team behind the celebrated Japanese restaurant Kissaki. Officially opened last week in South of Fifth, the venue combines innovative cocktails with globally inspired small plates, offering a unique experience that bridges creative mixology and culinary artistry.
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New York-based high-end Italian restaurant Sant Ambroeus is gearing up to open its first Miami location at THE FIFTH MIAMI BEACH in late 2025. The restaurant, known for its contemporary take on Milanese cuisine, will occupy over 7,000 SF in the Class A+ office building in the South of Fifth neighborhood.
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Kissaki Miami is now offering a happy hour and BYOB night, perfect for locals and sushi lovers alike. This highly acclaimed Japanese dining spot, which recently made its mark in the heart of Miami Beach’s South of Fifth neighborhood, is rolling out these specials from Wednesday to Sunday, 6-8 PM, starting June 20th.
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Major Food Group Co-Founders Jeff Zalaznick, Mario Carbone and Rich Torrisi
Last Wednesday, 9/27, in a monumental decision that signals a thrilling, better future for Miami Beach and its residents, the local government named Boucher Brothers and Major Food Group the new stewards of one of the most stunning and historic beachfront properties on the globe, 1 Ocean Drive. Their vision for the address, designed by Kobi Karp, will come to life in 2026 at the site that has been operated as Nikki Beach since 1985.
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New York-based restaurant Philippe by Philippe Chow has signed a 15 year lease to occupy the coveted restaurant space at One Ocean South Beach which was acquired by Robert Rivani’s Black Lion Investment Group in November 2022. With plans to open the flagship outpost in Q2 2024, Abraham Merchant and Richard Cohn are bringing the brand's legacy of sophisticated Beijing-inspired dining to One Ocean in the heart of the South of Fifth neighborhood.
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Sumaida + Khurana and Bizzi & Partners, two internationally recognized real estate development firms, will begin leasing and start construction in the coming months for their new Class A+ office building designed by renowned Spanish master architect Alberto Campo Baeza named THE FIFTH MIAMI BEACH. This will be the first commercial building in the United States and first building in Miami designed by Baeza, who won Spain’s National Prize for Architecture last year.
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Terra and GFO Investment’s Five Park, the newest luxury residential tower rising in Miami Beach, reveals plans for the first residents-only, fully serviced social club within a luxury condominium. The Canopy Club features a social amenity package rooted in cultural programming, wellness and elevated culinary offerings.
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A beachfront duplex in Ocean House, a luxury building in Miami Beach’s exclusive South-Of-Fifth neighborhood, has sold for $14.5 million. The sale of 125 Ocean Dr U-201 was overseen by Chad Carroll with the Carroll Group at Compass, who listed the condominium, while the buyer was represented by Christopher Jude with Fortune International Realty.
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