St. Regis Miami Releases New Floor Plans, Renderings And Price Ranges For Their Brickell Project Posted on December 27, 2022January 9, 2023 by Sarah Elles Boggs Nestled along the royal poinciana and palm trees and the Biscayne Bay at 1809 Brickell Avenue, the St. Regis Miami is preparing to rise in all of its splendor. After surveying the buyers who showed interest during the initial launch of the project, Related Group and Integra Investments have made some changes to the plans for their new ultra-luxury project. For starters, there will be just one tower with 48 floors and 150 residences (including sky villas and penthouses), rather than two towers with 330 residences. It seems the early adopters gave a resounded request that they prefer a smaller, more boutique development with fewer neighbors and larger residences. To answer this request, we have received drafts of the new floor plans, ranging from 2,600 square foot two-bedroom layouts to five-bedroom plans with 7,400 interior square footage and direct bay views. There will also be penthouse and sky villa plans up to a rumored 8,900 square feet, but these have not yet been released. Rendering of St Regis Miami Brickell Lobby The amenities and services are not slated for change, only becoming more exclusive with fewer households in the project. There will still be over 80,000 square feet of interior and exterior amenities, along with the exclusive 24/7/365 services expected in a St. Regis development. It is also important to note that the St. Regis Miami Residences will be operated by the 5-star operator, St. Regis, known for its exquisite services and sophistication, but will NOT include a hotel component. Rendering of St Regis Miami Brickell Entry The new layouts and pricing range start from the 2,616 square foot D-line. This is a two-bedroom layout with park and sunset views, priced from $3.4 million to $4.8 million. Floor Plan from St Regis Miami Brickell Residence D For those who need two bedrooms and an office or guest room, we also have the 2,87 square foot C-line. It has 3 bedrooms with sparkling views of the Brickell Financial District and is priced between $4.7 million to $5.8 million. Floor Plan from St Regis Miami Brickell Residence C If you are looking to be direct waterfront and need more space, the A & B line will be the answer. These are all on the east side of the building with terraces either to the north or south and also overlooking the Biscayne Bay. At 3,700 square feet of interior space, there is plenty of room for 4 bedrooms. The prices for the A & B lines range from $7 million to $9 million. Floor Plan from St Regis Miami Brickell Residence A Floors 7-18 Floor Plan from St Regis Miami Brickell Residence B Floors 7-18 As the St. Regis Miami is still in the planning phase, it is entirely possible to create a residence all your own by combining or modifying the existing plans. Below you will find several other layouts that have been approved by the St. Regis brand and are priced upon request. If you are interested in a presentation of the project, with specific pricing, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Rendering of St Regis Miami Brickell Pool Floor Plan from St Regis Miami Brickell Residence AB Floors 21+ Floor Plan from St Regis Miami Brickell Residence AB Floors 7-18 Floor Plan from St Regis Miami Brickell Residence C Second Modification Floor Plan from St Regis Miami Brickell Residence A Second Modification Floor Plan from St Regis Miami Brickell Residence D Second Modification Floor Plan from St Regis Miami Brickell Residence C Second Modification
UNA Reaches 90% Sold Status As Vertical Construction Begins Posted on July 27, 2022July 30, 2022 by Sarah Elles Boggs Just as UNA in Brickell begins to go vertical (pictured above), OKO has announced that 90% of the residences have been sold. Only 13 of the 135 residences remain, spanning 47 floors on the Biscayne Bay waterfront. The developers expect the dramatically beautiful project to be completed in the first quarter of 2024. The prices of the remaining residences are between $3.5 million for a 3 bedroom/3.5 bath, up to $10 million for a 5 bedroom/6.5 bath residence that also has a den and housekeeper suite. Una Residences Brickell Located on the quiet southeastern tip of Brickell’s financial district, UNA will offer a luxurious and serene repose, but also has immediate access to the Rickenbacker Causeway for immediate access to I95 for those who need to go to the airport or commute to other areas of the city. The actual address is 175 SE 25th Road and the Vlad Doronin took design inspiration from a yacht, ready to set sail. What about the construction problems with UNA? One of the features of the tower is underground parking, something that has become a popular addition to new construction condos over recent years. Buildings such as Jade Signature in Sunny Isles, Aston Martin Residences in North Brickell/Downtown Miami (depending upon who you ask), and Brickell City Centre all boast underground parking. For whatever reason, UNA was targeted by a group of NIMBY’s (activists who live in older buildings nearby and do not want their views obstructed or additional traffic. NIMBY stands for Not In My Back Yard). They published photos of the construction site while the parking garage was being constructed, and it showed the garage to be flooded and construction coming to a halt. What they did not recognize is that all buildings flood during that phase of construction in South Florida. I have seen it personally in Brickell City Centre, Aston Martin, Brickell House, Millecento, SLS Brickell and Brickell Flatiron, among others. It is a completely normal stage of construction in South Florida. Thank god these people didn’t report ancient Roman ruins that were actually form pilings like they did with Centro in Downtown Miami in 2014. *eye roll* The fact of the matter is that UNA Residences is being built by Vlad Doronin, who an accomplished international investor and real estate developer focused on luxury residential, commercial and hospitality properties. They are responsible for Missoni Baia in Edgewater Miami as well as the new office tower, 830 Brickell. 830 Brickell is just east of SLS LUX and has recently inked a record-breaking lease with Law firm Sidley Austin. They are a firm from Chicago, who will join Ken Griffin’s Citadel transactions in relocating from the Windy City to the Magic City. In addition to these towers, OKO Group is known for Aman New York, at 730 5th Avenue in New York. They are a reputable firm and UNA is slated to be as luxurious and private as you can get near the center of an international city. If you are interested in a private presentation of the project, with specific pricing of the remaining 13 residences or possible resales, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
Brickell Waterfront Development Site At 1201 Brickell Bay Dr Sells For $363M Posted on April 22, 2022April 22, 2022 by Sarah Elles Boggs Ever since we very first started working in the Brickell area, new residents ask the same question. “What’s going on with this waterfront lot in between Jade at Brickell and The Mark on Brickell Bay Drive?” The answer has always been the same. “Right now it is a parking lot, but one day it will be a tower.” But the history is not so vague. The development site was owned by Tibor Hollo of Florida East Coast Realty. He has developed a host of waterfront buildings from Brickell to Edgewater over the years, including Panorama Tower. He is quite an interesting man and has quite the interesting story, but for today we are talking about the Brickell waterfront development site. The History of the Site The site was originally slated to be developed into a monstrosity of a multi-use development in 2006 dubbed Villa Magna. When 2006-2009 happened (don’t pretend you don’t remember), the project was placed on hold and Mr. Hollo focused on other projects. He says himself that he likes to build only one tower at a time, and you kind of have to respect that out of him, but he still had something big planned for the site. Fast forward to 2016 and he still had big plans, albeit different. Mr. Hollo had Panorama Tower under construction, the tallest tower south of Manhattan (he loves having the tallest tower, everything he builds is substantial in height), and he had a new vision for his waterfront development site at 1201 Brickell Bay Dr. He intended to call it “The Towers” and it was to be designed by Pritzker Prize-winning British architecture firm Foster + Partners. The Towers were slated to feature two 1,049 ft towers with a total of 660 luxury units, connected by a rooftop amenity deck. When I spoke with him about it, his face lit up as he boasted, “If you have ever been impressed by the Marina Bay Sands in Singapore, you’re going to love this development.” His robust enthusiasm for the neighborhood is infectious. Today’s Update Time has passed and the market has changed. Florida East Coast Realty (the company Mr. Hollo founded) has owned the 2.5 acre lot since the year 2000, when they purchased it for a mere $15.5 million. Mr. Hollo’s son, Jerome Hollo is now managing TWJ 1201 LLC, the entity that holds the property. This week, the property has changed hands for a whopping $363 million to 1201 Brickell Bay LLC, a Delaware-based foreign LLC that is managed by Randall Davis in Chicago according to the South Florida Business Journal. The price jump is expected, as this is one of the last waterfront development sites available in Brickell, and is the only one that is completely ready to begin construction. Others would need to go through a lengthy condo termination process including complicated owner buyouts followed by demolition, or the saga that we have seen with the First Presbyterian parking lot site. So, at a time when so many businesses and residents are flocking to the area, the premium paid for this parcel completely makes sense. The main question now is… will the new owners uphold Mr. Hollo’s vision? He currently still has the tallest tower in Florida with the 868-foot Panorama Tower, but PMG’s Waldorf Astoria in Downtown is set to surpass that with their 1,049-foot design. Only time will tell. If you would like to stay up-to-date with the project, subscribe to our newsletter. Also, please do not hesitate to contact us if you are interested in buying or selling in Brickell or surrounding areas. You may reach Broker and Executive Director of Luxury Sales, Michael Light, directly at 786.566.1700 or via email at michael@miamiluxuryhomes.com.