One Thousand Group and Terra have secured a $285 million construction loan to bring Villa Miami to life in Miami’s East Edgewater neighborhood. As the first-ever residential tower branded by the world-renowned Major Food Group (MFG), the 650-foot-tall waterfront condominium is set to become a new architectural landmark on Biscayne Bay.
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One Thousand Group Closes On $53 Million Edgewater Assemblage For Kohn Pedersen Fox-Designed Tower
One Thousand Group, the visionary development team behind some of Miami’s most iconic projects including One Thousand Museum, has announced the successful acquisition and financing of a prime 1.6-acre site in East Edgewater for its newest venture, Tower 36.
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Terra, One Thousand Group and Major Food Group Break Ground on Villa Miami in Edgewater
Terra, led by David Martin; One Thousand Group, led by Kevin Venger, Louis Birdman and Michael Konig; and Major Food Group Co-Founders Jeff Zalaznick, Mario Carbone, Rich Torrisi along with Miami partner Alex Pirez, celebrated the official groundbreaking of Villa Miami, a visionary luxury tower marking the first condominium branded by the renowned hospitality brand.
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Rendering by Binyan Studios
Terra And One Thousand Group Join Forces With Major Food Group To Reveal 'Villa' In Edgewater
Iconic Miami-based real estate development firms Terra and One Thousand Group have joined forces with hospitality powerhouse Major Food Group to reveal the Villa, a gleaming ultra-luxe waterfront tower in Miami’s Edgewater neighborhood. The Villa will be one of the most coveted residential and lifestyle experiences in the world, created by a first-of-its-kind partnership uniting the visionaries behind some of the most acclaimed hospitality, private club and residential experiences to shape the future of modern luxury living.
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The Developers of One Thousand Museum by Zaha Hadid Architects Pay Off $90 Million Inventory Loan Following Miami Art Week Sales
The developers of One Thousand Museum by Zaha Hadid Architects have paid off a $90 million inventory loan following a successful Miami Art Week 2021 which saw two units sell for a combined $30 million. A local buyer from Miami purchased a full-floor unit and a foreign buyer purchased a sky townhouse unit.
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Ultra-Luxe Bayfront Condo 710 Edge Complete With Helipad Proposed in Edgewater
A development team that includes two of the developers of Miami’s iconic Zaha Hadid-designed One Thousand Museum have proposed a new ultra-luxury bayfront condo tower in Edgewater. 710 Edge is designed by ODP Architecture & Design, which was also the architect of record at One Thousand Museum.
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Ultra-Luxe Condo At One Thousand Museum Sells For $7.2 Million In Cryptocurrency Ethereum
Crypto sales in Miami continue to become more mainstream as the city continues to make itself a Crypto City and emerging tech hub. Unit 2202 at One Thousand Museum by Zaha Hadid Architects has sold for $7.2 million in the cryptocurrency Ethereum.
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Power Dinner Council: Design And Development Presented by PROFILEmiami and Kobi Karp
On Wednesday, June 23rd, PROFILEmiami hosted Power Dinner Council: Design and Development, an intimate, invite-only omakase dinner bringing together some of South Florida’s leading real estate developers, architects, builders, investors and designers.
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Reuben Brothers-Led Venture Buys Out Fortress Investment Group's Debt Backing One Thousand Museum By Zaha Hadid Architects
A Reuben Brothers-led venture, which includes Fontainebleau Development, has bought out the remainder of Fortress Investment Group’s stake in the debt behind one Thousand Museum by Zaha Hadid Architects. Fortress Investment Group had initially provided a $225 million construction loan in 2016, half of which was later acquired by the Reuben Brothers-led venture before a portion was paid back by the developers.
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A Penthouse Unit At One Thousand Museum By Zaha Hadid Architects Sells For $16 Million
Unit 5001 at One Thousand Museum by Zaha Hadid Architects has sold for $16 million, roughly $1,739 per square foot. The full floor residence spans 9,200 square feet with 5 bedrooms and 6.5 bathrooms. The unit features 12’ ceilings, 360 degree views, a media room and 100’ terrace overlooking Biscayne Bay.
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