CLIENT NEWS: Riviera Horizons to launch sales of Pagani-branded North Bay Village condos

March 12, 2024

Mikael Hamaoui’s Riviera Horizons is set to launch sales this spring of a Pagani-branded North Bay Village condo project. The planned 28-story, 70-unit Pagani Residences is the first ever condo development for the Italian hypercar brand, according to a press release. It marks the latest addition to the slew of branded residences in development across South Florida, and the first such project in North Bay Village. A number of South Florida’s branded projects bear luxury car logos, including Porsche Design Tower, developed by Gil[...]

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CLIENT NEWS: Eichner Launches Sales for Second La Baia Building in Bay Harbor Islands

October 5, 2022

Ian Bruce Eichner is launching sales for the second building in his waterfront La Baia Bay Harbor Islands condo project. The developer, who heads New York-based Continuum Company, kicked off sales for the eight-story, 57-unit La Baia North at 9481 East Bay Harbor Drive, with prices starting at $1.3 million, according to a press release. The building will offer two-, three- and four-bedroom floor plans, ranging between 1,400 square feet and 2,100 square feet. The largest units are asking $3.5[...]

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CLIENT NEWS: Ronny Finvarb Proposes New Resi Project in Sunset Harbour

October 5, 2022

Developer Ronny Finvarb is returning to the Miami Beach Design Review Board with plans for a new project in Sunset Harbour. At next week’s meeting, the board will vote on plans for the developer’s mixed-use project at 1790 Alton Road in the Sunset Harbour neighborhood. Finvarb previously sought to build a hotel on the property, but the city commission unanimously passed a zoning overlay district that banned the construction of new hotels last year. Instead, it encouraged the development of new[...]

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CLIENT NEWS: MG Developer, partner score $148M loan for Hialeah apartments

September 26, 2022

MG Developer and Baron Property Group secured a $148 million construction loan for a nearly 600-unit planned apartment complex in Hialeah, as development ramps up in the city. Coral Gables-based MG Developer, led by CEO Alirio Torrealba, and New York-based Baron Property Group, led by Matthew Baron, expect to break ground on Metro Parc in December and complete the project in the second quarter of 2024. Post Road Group provided the 30-month loan for the development planned for 955 East[...]

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CLIENT NEWS: Biscayne Boulevard’s New World Tower Could Get Rapid Transit Zoning

September 21, 2022

A developer who has been assembling several Biscayne Boulevard properties where a supertall tower is possible has requested Rapid Transit zoning designation, according to a county memo. The properties being requested for inclusion include the 30-story New World Tower on Biscayne Boulevard, and the adjacent Yve Hotel. The New World Tower dates to 1965, and was built by Jose Ferre, the father of Maurice Ferre. The Yve dates to 1926, but has been significantly altered. Both properties are said to[...]

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CLIENT NEWS: Shore Club to become Auberge: Witkoff and Monroe’s redevelopment approval stands

September 15, 2022

Witkoff and Monroe’s plans to redevelop the Shore Club — and rebrand it as Auberge — are moving forward. The Miami Beach Historic Preservation Board on Tuesday voted against a rehearing of the redevelopment proposal that the board had approved four months ago. The developers’ attorney Michael Larkin revealed the Auberge branding at the meeting. The Setai Resort & Residences condo association had challenged the same board’s May 10 decision in favor of Witkoff and Monroe Capital’s plans for the oceanfront historic hotel at[...]

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