Unit closings are underway and residents are moving in at Downtown Miami’s newly-completed Brickell Flatiron tower, with 50% of the 64-story tower’s contracts successfully closed over the last 30 days. The news comes as developer CMC Group retires $236 million in construction loans for the project.
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The Developers of The Ritz-Carlton Residences, Sunny Isles Beach Unveil Striking Pablo Atchugarry Sculpture For Miami Art Week
Marking the culmination of one of the most exciting weeks of the year in Miami, dozens of art world influentials, local luminaries and friends joined leaders with Fortune International Group, Château Group and internationally renowned artist Pablo Atchugarry for the unveiling of “Dreaming the Future,” Atchugarry’s latest sculpture.
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Two Roads Development’s Elysee Tops Off In Edgewater
Two Roads Development and John Moriarty & Associates has officially announced the top off of Elysee, their luxurious new waterfront condo in Edgewater that now rises 57-stories, 649’. Elysee is now the tallest tower in Edgewater and roughly the 10th tallest tower in Miami.
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Virgin Trains Announces Aventura, PortMiami & Boca Raton Stations Will Open In October 2020
Virgin Trains has announced that both the Aventura, PortMiami and Boca Raton stations are expected to come online in October 2020. Formerly known as Brightline, the train line is now in negotiations with Orlando entertainment parks and venues for a 2nd Orlando station while the Orlando International Airport station remains on schedule.
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CIM Group & OneWorld Properties Go Vertical At Mixed-Use Wynwood Square
Two tower cranes are now installed at 2201 N Miami Ave. where CIM Group and Oneworld Properties have gone vertical with the Stantec-designed Wynwood Square. When complete the mixed-use development will feature 2 towers rising 12-stories complete with 257 residential rental apartments complete with a full suite of amenities, 60,000 SF of office space, 27,000 SF of ground floor retail and 480 parking spaces.
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Marta Cruz, Construction Director of Shoma Group; Nestor Mejia, President of Construction and Development of Shoma Group; Carmen Casadella, Vice President of Sales of Fortune International Group; Edgardo Defortuna, President and CEO of Fortune International Group; Masoud Shojaee, CEO of Shoma Group; Stephanie Shojaee, Chief Marketing Officer of Shoma Group; Sean Saladino, Founder and Owner of Saladino Design Studios; Katherine Mejia, District Senior Manager of Rental Division of Shoma Group; David Muriel, Senior Project Manager of Saladino Design Studios
Shoma Group Officially Breaks Ground On TEN30 South Beach
The Miami-based Shoma Group has officially celebrated the groundbreaking of Ten30 South Beach, a curated collection of 43 studio, one- and two-bedroom condominiums nestled in one of South Beach’s most vibrant neighborhoods. In a nod to the development’s name, the ceremonial groundbreaking was held on October 30 at 10:30 a.m. at the future site of Ten30 South Beach.
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Ugo Colombo Completes Miami’s Tallest Condo Tower As CMC Group’s Brickell Flatiron Receives TCO
Brickell Flatiron, CMC Group’s new 64-story luxury condominium tower in Downtown Miami’s Brickell Financial District, has received its Temporary Certificate of Occupancy (TCO) from the City of Miami. The milestone opens the door for closings to get underway as buyers take ownership of their residences, begin interior build-outs, and prepare to move-in this fall.
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Shoma Group’s Ten30 South Beach To Break Ground October 30
Masoud Shojaee, President of Shoma Group, who over the past 31 years has developed more than 10,000 homes and condominiums, and completed over $4 billion in real estate transactions, believes the time is ripe for his new concept of moderately priced, Mid-Century Modern design-inspired Miami Beach condominiums.
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Turnberry Ocean Club Tops Off In Sunny Isles Beach, On Track For Spring 2020 Completion
Fontainebleau Development, one of America's premier real estate development and hospitality groups, announced its final construction milestone of Turnberry Ocean Club with the topping off of the 54th floor. The all-glass, ultra-luxe residential development, which is being built under the vision of Jeffrey Soffer, CEO of Fontainebleau Development, is on track for completion in Spring 2020.
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Blue Jay Capital Gearing Up To Break Ground On Virgin Hotels Brickell Tower With Co-Living
Blue Jay Capital is getting ready to break ground on a 40-story hotel project at 1040 S. Miami Ave. which will be Miami’s first Virgin Hotels location with a second location planned for South Beach. Virgin Hotels Brickell Tower is designed by the Atlanta-based BLUR Workshop.
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