As the landmark, publicly owned Vizcaya Museum and Gardens starts work on an extensive, long-planned restoration and enhancement of the estate’s historic farm village, the initiative has lured a large gift from billionaire Ken Griffin — and a surprising proposition from the financier that’s sure to draw significant scrutiny. On Friday, Vizcaya’s leaders are set to unveil a revised, detailed master plan for a revamped farm village along with a $20 million donation to the project from Griffin, the founder[...]
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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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A penthouse at the planned Shore Club project in Miami Beach is reportedly in contract for more than $120 million, a sale that would set a price record for condos in Miami-Dade County — if and when it closes. Witkoff and Monroe Capital are developing the Shore Club Private Collection, an Auberge Resorts Collection-branded condo and hotel project at 1901 Collins Avenue. Douglas Elliman is handling sales and marketing of the 49-unit development. Mansion Global reported that the unit is under contract[...]
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JDS Development Group is launching sales of its planned Brickell tower to be branded Mercedes-Benz, marking the German carmaker’s first North American condo project. The previously un-branded 67-story mixed-use tower at 191 Southwest 12th Street will be called Mercedes-Benz Places in Miami, according to a press release. It comes on the heels of Mercedes-Benz debuting its first residential real estate project, Mercedes-Benz Places in Dubai. The luxury carmaker launched the 65-story, $1 billion tower in January with Emirati developer Binghatti. New[...]
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JDS Development Group will partner with Mercedes-Benz AG to brand the condos in its 67-story, mixed-used tower in Miami’s Brickell neighborhood. This would be Mercedes' first North American condo project, according to the company. The 791 units in the residential tower will be branded Mercedes-Benz Places and the German automaker’s design team, in collaboration with New York-based SHoP Architects, refined the design of the building based on its “sensual purity” concept. “This philosophy, based on the duality of emotion and[...]
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Steve Patterson, president and CEO of a Related Group division, bought a waterfront Miami Beach teardown for $9.4 million. Records show Patterson bought the property at 5141 Pine Tree Drive from Christian Egidio Lamont. Darin Tansey and Lynna Weil of Douglas Elliman had the listing. Jeri Jenkins and Brian Suarez of Coldwell Banker Realty brought the buyer. Patterson is Miami-based Related Group’s president and CEO of Related Development, the firm’s multifamily and mixed-use division, according to its website. In 2021,[...]
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