MAST Capital Hosts Groundbreaking And Receives Record-Setting $600M Construction Loan For Cipriani Residences Miami Posted on February 11, 2024February 19, 2024 by Sarah Elles Boggs Just in time for the much anticipated groundbreaking of Cipriani Residences Miami, MAST Capital has received a record-setting $600 Million in construction financing to build the luxury tower. This marks the largest construction loan on record in the Miami area. The Coconut Grove-based developer, MAST Capital, partnered with Italy’s Cipriani family to bring Cipriani Residences into Miami’s Brickell Financial District. Sales of the 80-story ultra-luxury tower launched in 2022 with prices from $1.7 million and penthouses priced starting at $17 million. As of today, over half of the 397 residences have sold. Rendering of Cipriani Residences Miami Lobby The issuance of such a large construction loan is a testament to the strength of the project as construction financing is notoriously difficult to obtain. Banks will consider the portfolio of successful projects by the developer with the specs and plans of the new building and pre-sales history with cash deposits. MAST Capital is no stranger to successful projects in South Florida with a portfolio that includes The Perigon on Miami Beach’s Millionaire’s Row in the works and South of Fifth’s Louver House that opened in 2017. Cipriani is a worldwide brand that represents four generations of the highest quality hospitality with restaurants and lounges as well as hotels and residences. You can find a taste of their impeccable brand standard at the chic Cipriani restaurant in Brickell as well as Mr. C in Coconut Grove. The financing was issued in two loans and includes mezzanine financing. Banco Imbursa from Mexico provided $350 million and China’s Ascendant Capital Partners completed the financing by contributing $250 million. This deal has surpassed the $558 million construction loan that was obtained by Trump Group to build The Estates at Acqualina in Sunny Isles Beach back in 2018. Bank OZK had provided that financing. Cipriani Residences Miami Groundbreaking Cipriani Residences Miami Developers The construction financing came together just in time to be celebrated at the official groundbreaking soiree, which was hosted on February 6 on the build site at 1420 South Miami Avenue. Cipriani Residences Miami is expected to be completed in 2028. If you are interested in a presentation and 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. Image Credit: MAST Capital / TAMZ
Happy New Year! | Top 7 New Construction Miami Condos in 2024 Posted on January 7, 2024January 7, 2024 by Michael Light We welcome 2024 with open arms and new construction condo buildings in Miami. At a time when inventory is low and demand is still high (yes, it is still high in Miami and the surrounding areas), there is no better time for a group of pre-construction projects on the horizon, than now. Miami is still the most sought-after city in the U.S. to call home and new stats on a global scale from Remitly indicate that Miami is the 2nd most desirable city to move to in the world, beating out Paris, New York City and London. I mean…when Jeff Bezos and Ken Griffin move their entire lives and businesses to Miami, permanently, you know it is the IT place to live! With all of the people still flocking to South Florida from New York, Connecticut, California, Illinois and abroad, developers see this as the perfect time to start marketing their new developments. And, they are being proven right…these new construction buildings are selling at a velocity never-before-seen (pre-Covid) in Miami, it is seriously unbelievable! But, there are 7 condo buildings below that have launched within the past 6-12 months that still have amazing opportunities. The 7 new condo developments below (in no particular order) offer different price points in varying neighborhoods…for those looking for a pied-a-terre to an expensive oceanfront condo and a mix in between, we have you covered. If you are interested in a private presentation of any of the new construction condos below, please contact Michael Light, Broker Associate, Executive Director of Luxury Sales and member of the elite Sports and Entertainment Division at Douglas Elliman Real Estate. Michael is an expert at navigating the pre-construction condo market in Miami and the beaches and has been for the past 15 years. Buying a pre-construction condo is very different than buying properties that are already built, so it is important to work with someone who is knowledgeable in this area of expertise. You may contact Michael directly at 786.566.1700 or michael@miamiluxuryhomes.com. EDITION Residences Miami Edgewater EDITION Residences Miami is the newest pre-construction condo tower on the horizon for the bayfront Edgewater neighborhood of Miami, Florida. Slated to rise 649 feet along Biscayne Bay, this 55-story sleek glass tower will offer 185 sophisticated residences with panoramic bay and ocean views, including three tri-level penthouses—each with a private rooftop pool and garden, an expansive indoor and outdoor amenity program, direct access to Miami Baywalk and expansive water frontage along the bay. Two Roads Development, known for Elysee and Biscayne Beach, both also in Edgewater Miami, along with a signature design by Arquitectonica’s Bernardo Fort-Brescia and distinguished interiors by Studio Munge come together to deliver a beautiful collection of homes in the epicenter of Miami. The elegant residences are seamlessly infused with well-considered amenities for an exceptional lifestyle that adapts as elegantly to quiet reflection and wellness as they do to poolside hosting and luxurious dining. Beyond the amenities of home, residents will enjoy more than 800 feet of scenic waterfront leading to Margaret Pace Park, one of Miami’s coveted waterfront parks. This ultra-luxe condo tower will be managed and operated by EDITION HOTELS and is the first private EDITION residences in the entire world and has NO HOTEL COMPONENT. EDITION is only in the world’s top cities and only features the very best in service, food, beverage and entertainment. From New York City to Sanya, China, each EDITION is designed to give guests and residents a curated taste of the locale, reflecting the best of cultural and social milieu. At EDITION Residences in Edgewater, you will still receive all of the perks of what EDITION HOTELS is celebrated for, without a hotel component, what more could you ask for?! Owners at EDITION Residences Miami will also receive Owner benefits with Marriot International at all of their hotel brands including St. Regis and Ritz Carlton. EDITION Residences Miami Edgewater is slated for completion in 2026. Please visit our EDITION Residences Miami building page for more information about EDITION condos in Edgewater including amenities, floor plans, renderings and fact sheet. The Perigon Miami Beach One of the most highly-acclaimed architects in the world is bringing a new level of sophistication to “Millionaires’ Row” in Miami Beach. Rem Koolhaas’ OMA (Office of Metropolitan Architecture) has unveiled plans for The Perigon Miami Beach. Comprised of just 73 signature residences, plus an additional 9 luxury guest suites for friends & family, right on the pristine Miami Beach sand, a new level of design and services are anticipated. For The Perigon Miami Beach, an even higher level of service is expected. Located at 5333 Collins Avenue, just blocks away from the highly successful, and fully sold out, 57 Ocean development, Perigon Miami will offer a host of services to residents and guests including 24-hour security, doorman and valet, on-site general manager, dedicated lifestyle concierge, residential butler service and use of a luxury house car. The ground level will house a private signature restaurant operated by a Michelin-starred chef that offers in-residence dining and catering. Home management services will also be offered that include cleaning, maintenance, floral upkeep and pantry stocking. Beachgoers will enjoy 200 linear feet of pristine shoreline, also serviced through the signature restaurant. Each of the 73 homes will have stunning views of the Atlantic Ocean. Units will range from two to four bedrooms and 2,100 to 6,700 square feet, excluding penthouses. Every condo will have a private elevator, 10-foot ceilings with floor-to-ceiling impact windows and linear cove accent lighting. Overlooking the ocean, the terraces have been generously designed, and will offer 10 to 12-foot deep plans for a seamless indoor/outdoor lifestyle. The kitchens are slated to be decked out with honed marble countertops, backsplashes and islands with Sub-Zero and Wolf appliance suites. Each bedroom will offer at least one walk-in wardrobe and the primary bathrooms will feature natural stone flooring and wet walls, custom bathtubs and bespoke mirrors and light fixtures. Aside from the fully serviced beachfront access, the boutique development also will feature a beachside pool with an outdoor spa that includes sunbeds and cabanas, fitness center, spa with saunas and treatment rooms, cinema, playroom for the kids and a private salon with personalized beauty services. In the mornings at The Perigon Miami Beach, residents may enjoy a daily breakfast bar in the conservatory or book a custom brunch in the sunrise lounge. In the evenings, the cocktail lounge, wine room and speakeasy will be available for a little happy hour or after-dinner libations. For those residents who have guests, the development will offer 9 luxury guest suites with the same services as the main residences. The Perigon Miami Beach is slated for completion in 2026. Please visit The Perigon building page for more information about The Perigon condos in Miami Beach including amenities, floor plans, renderings and fact sheet. Cipriani Residences Miami Cipriani Residences Miami is a luxury pre-construction condo tower that will be ideally located in the southern end of Brickell, Miami’s Financial District, steps from an eclectic variety of shopping, entertainment and dining. Designed by award winning architectural firm Arquitectonica, and developed by Mast Capital in collaboration with the famed Italian hotel and leisure company, Cipriani, Cipriani Residences Miami is set to be an elegant 80-story cascading glass tower featuring opulent residences, unparalleled amenities and services and sweeping views. Cipriani Residences in Brickell will consist of 397 luxury condos, including penthouse residences with private pools. Condos at Cipriani will boast expansive layouts with 10-foot ceilings, floor-to-ceiling windows and sliding glass doors, open eat-in kitchens with custom Italian cabinetry and high-end appliances by Wolf and Sub-Zero, Spa-like primary bathrooms with grand stand-alone bathtubs and glass-enclosed showers, spacious laundry rooms, walk-in closets, smart home technology and terraces with sweeping bay and city views. Cipriani Residences Miami will offer its residents unparalleled, resort-style amenities including an elegant porte cochère and lobby, signature private dining experiences by Cipriani, elevated resort deck with 2 swimming pools, poolside cabanas, outdoor spa and landscaped sun terrace, 4-level wellness center and lounge overlooking the Brickell skyline, holistic wellness spa with sauna and treatment rooms, salon for private beauty services, high-tech fitness center, golf simulator, pickleball court, dog park, screening room, library, children’s playroom and residents’ lounge. Services at Cipriani Residences will include a dedicated Director of Residences, Residential Cipriani Concierge, 24-hour catering services and in-home dining by Cipriani, poolside food and beverage services catered by Cipriani, residential services such as away-from-home maintenance, pet grooming and walking services, in-residence spa treatments, personal training services, 24-hour complimentary valet parking and security. Cipriani Residences Miami is slated for completion in 2026. Please visit our Cipriani building page for more information about Cipriani condos in Brickell including amenities, floor plans, renderings and fact sheet. Villa Miami Villa Miami is a new luxury waterfront condo tower on the horizon for the Edgewater neighborhood in Miami, Florida. Villa Miami will consist of 55 floors including 49 residential levels and 3 levels of private club lifestyle amenities fully serviced by Major Food Group and boast endless 360˚ sunrise and sunset views spanning Biscayne Bay, the Atlantic Ocean, Downtown Miami and Miami Beach. Villa Miami is a unique concept curated by project visionaries Terra Group, well known for Park Grove in Coconut Grove, and the One Thousand Group, known for their iconic Zaha Hadid-designed One Thousand Museum condo tower in Downtown Miami. These experienced developers are adding a new level of luxury to their project by bringing in a premier leader in the hospitality industry, Major Food Group, to fully service the entire building and offer VIP perks that are very attractive and exclusive to owners. Designed by ODP Architects, this iconic new building will consist of a unique cast bronze exoskeleton anchored by a multifaceted gemstone-inspired glass amenity podium. Villa Miami will also feature piazza-style grounds beautifully designed by Swiss landscape architect, Enzo Enea that connect to the highly-anticipated Miami Baywalk promenade with convenient access to the famed Design District. Villa Miami will feature a limited collection of 72 residences offering half-floor and full-floor units with 3 to 5 bedrooms. Residences will boast private entry foyers, high ceilings with floor-to-ceiling windows throughout, Italian-style Chef’s kitchens custom designed by Mario Carbone, spacious primary bedrooms, spa-like primary bathrooms and expansive sunrise and sunset terraces in each residence to fully take in the beautiful panoramic views of the Atlantic Ocean and Biscayne Bay. Villa Miami is slated for completion in 2026. Please visit our Villa Miami building page for more information about Villa Miami condos in Edgewater including amenities, floor plans, renderings and fact sheet. Rivage Bal Harbour Two Roads Development together with Related Group announced the newest luxury condo tower in Bal Harbour, Rivage. Rivage Bal Harbour is a 275-foot glass oceanfront condo tower that was beautifully designed by world-renowned architectural firm, SOM. Rivage will feature a limited collection of 56 bespoke beachfront residences offering a luxurious life immersed in nature, only a few steps from the ocean on what is very likely the last oceanfront property to be developed in Bal Harbour. Rivage Bal Harbour will offer beautiful light-filled residences designed by Rottet Studio ranging in size from 3,284 to 12,700 square feet. Residences will feature private elevators, 10-foot ceilings, expansive living, dining and entertainment areas, custom kitchens, bathrooms and closets provided by Falma Italia and 12-foot-deep private terraces designed to highlight the direct views of the Atlantic Ocean and Biscayne Bay. Select residences will also boast private pools and outdoor kitchens to truly reflect the best of South Florida living. Rivage will offer its residents an elevated level of indoor/outdoor amenities and services including signature oceanfront dining at a residents’-only restaurant, curated social spaces including cocktail lounges, formal sitting and reading areas, state-of-the-art fitness center, well-appointed spa, kid’s playroom, 200 linear feet of pristine shoreline, fully-serviced beach club and full-time concierge services. Rivage Bal Harbour is slated for completion in 2026. Please visit our Rivage building page for more information about Rivage condos in Bal Harbour including amenities, floor plans and renderings. Bentley Residences Bentley Residences is a brand-new, global-luxury-car-branded condo tower on the Miami horizon. This new condo tower will be truly iconic as it will not only be the very 1st Bentley-branded residential condo tower in the entire world, but it will also be the tallest beachfront residential condo tower in the country, soaring 749 feet above the sand. This ultra-luxe, 60-story condo tower is being developed by Dezer Development and designed by Sieger Suarez, who have also teamed up on other high-end condo buildings in Sunny Isles Beach including Porsche Design Tower and Residences by Armani Casa. In fact, Gil Dezer, President of Dezer Development, is planning to borrow a similar truly-innovative feature from Porsche Design Tower and include it in this new exciting Bentley condo building…his famous in-unit car elevator, dubbed the ‘Dezervator.’ Bentley Residences will feature a modern car elevator and a 4-car in-unit garage in each private residence, offering a chic, sophisticated unit for car collectors. Each and every condo unit will also boast private swimming pools and saunas. Bentley Residences in Sunny Isles Beach is slated for completion in 2026. Please visit our Bentley Residences building page for more information about Bentley condos in Sunny Isles Beach including features, amenities and renderings. Undisclosed Project in the Epicenter of Coconut Grove This year, Terra will be announcing a new luxury wellness-branded condo building to be situated in the epicenter of Coconut Grove, one of the most sought-after communities in South Florida. We are extremely excited about this project because it will fit in perfectly with the vibe of Coconut Grove. We cannot wait to share more information about this condo building soon! This project is estimated to launch sales to friends and family in early Q2 of this year. Please contact Michael directly if you are interested in this project as we are not allowed to publicly announce it at this time.
Inside Miami’s Hottest New Development Amenity – Gourmet Private Dining Posted on May 24, 2023May 27, 2023 by Sarah Elles Boggs “It’s the only restaurant in Miami that costs $5 Million to get a reservation,” joked Gil Dezer in a chat with The Real Deal. Dezer is one of Miami’s most prolific developers of super-luxury condo developments and the visionary that brought the latest trend to fruition. When he developed Porsche Design Tower in 2016, he included an exclusive residents-only gourmet restaurant on the property. This trend seems to have resonated with buyers, as there are now a few options for new buildings that offer the like. Here is a run-down of the different buildings and concepts that are to be offered… Rendering of Perigon Miami Beach Pool and Cabanas 1 – The Perigon Miami Beach Along Millionaire’s Row in Miami Beach, The Perigon Miami Beach is beginning construction on the boutique waterfront complex with just 82 private residences. To add to the luxurious experience, Starwood Capital and Mast Capital have partnered with Michelin-starred Chef Shaun Hergatt to bring both a private eatery as well as a speakeasy to the project. “We are designing more than a condominium at The Perigon, it is a private, highly serviced five-star resort exclusively for the owners. Additionally, our partnership with such a notable chef as Shaun Hergatt further solidifies the commitment to the quality of luxury The Perigon will offer to its residents,” said Camilo Miguel Jr, Mast Capital’s CEO. It has been revealed that the restaurant will be dubbed Nota and will feature locally-sourced ingredients centering around a clean, crisp Mediterranean-inspired palette anchored by rich seafood. Chef Hergatt plans to utilize wood fire grilling techniques in order to create approachable yet refined dishes that play to the understated elegance of the development. The private speakeasy is called Fifty Three, a nod to the building’s location at 5333 Collins Avenue. It will offer a playful aesthetic with bold colors and patterns with plenty of bronze accents tying in the whiskey-themed palette. Prices at The Perigon Miami Beach range from $4 million to $37 Million for Penthouse West. Rendering of Cipriani Residences Brickell Miami External View from West 2 – Cipriani Residences Miami The Brickell Financial District is going the extra mile to offer a taste of home to the New Yorkers who venture South for a more agreeable climate, lower prices and lower taxes. After the steady success of their Brickell restaurant location, which opened in 2015, Cipriani has partnered with MAST Capital to bring an entire residential development to the neighborhood. The sales were launched just over a year ago, with the sales center opening this past February. At the time of publication details of the associated restaurants a scarce, but we anticipate an offering that is open to the public as well as a more private restaurant within the project. It has been revealed that a residents-only speakeasy will be one of the many amenities offered. Prices at Cipriani Residences currently range from $1.4 million, up to $6.9 million excluding penthouses which have not yet been released Rendering of St Regis Miami Brickell Entry 3 – St Regis Miami Residences After hearing the call of buyers interested in the project, Related Group has opted to revamp their behemoth debut of the St Regis brand in Brickell to a more boutique project with just one tower and 150 residences. This allows for more of a private, VIP atmosphere in the bayfront development that is set to rise in the sleepy South Brickell section of the financial district. While there is no hotel component in the tower, it is exclusively for residents, there will be a St. Regis-branded tea room on site for these residents and their guests. Prices range from just under $3 million to over $8 million with each residence having a water and city view. Rendering of Residences at 6 Fisher Island Drive 4 – Six Fisher With an address on Fisher Island, residents expect next-level services and amenities, and Six Fisher delivers on expectation. If you are lucky enough to garner an invitation to consider purchasing in the newest building on the private island, which is also the last available development site, then you should come prepared to embrace top-tier amenities that will include private dining. Details of the amenities at Six Fisher are kept strictly under wraps at this moment, as the residences are immensely private, but we do know that a private restaurant is planned. Even if you choose a residence in one of Fisher Island’s existing buildings, there is a private club in the Vanderbilt Mansion that includes a private restaurant. Initiation fees to the Fisher Island Club are $250,000 for the first year. Several of the buildings are also home to onsite gourmet bistros for the convenience of residents and their guests. The residences at Six Fisher start at $15 million, with the crown jewel being a 15,000 square foot penthouse that is being offered for $90 million. There is also a ground-floor villa that boasts an unheard-of half acre backyard for $55 million. Rendering of Rivage Bal Harbour 10245 Collins Inlet 5 – Rivage Bal Harbour In a neighbor that is no stranger to ultra-luxury, The Related Group has partnered with Rockpoint and Two Roads Development to bring the first luxury tower in almost ten years. The last residential development to be completed along the sandy beaches in Bal Harbour was Oceana, which was completed in 2016. Rivage is set to be completed in 2026 and will bring 56 ultra-luxury residences with sweeping views and sprawling floor plans to the neighborhood, along with an array of highly curated amenities for the jet set crowd that embraces the lifestyle of Bal Harbour. Among these amenities will be a private restaurant, according to Jon Paul Perez, who is heading the plans for this elegant development. “Bal Harbour is one of South Florida’s most special neighborhoods and an area we’ve wanted to build in for many years,” says Jon Paul Pérez, Related’s President. “Everything is in place to make this a truly once-in-a-generation project, from the site to the team, to the general scarcity of newly constructed high-end supply in this neighborhood. Together with our partners, we look forward to delivering a property that honors Bal Harbour’s glamorous history while helping shape its future.” As of today a chef and cuisine offering has not yet been announced, although a private dinner presentation that was recently held at the Surf Club Four Seasons a few blocks away has offered a preview of the quality that will be offered. Prices of the bespoke residences at Rivage Bal Harbour are expected to start at $8.5 million to upwards of $65 million for the upper penthouse. Rendering of Bentley Tower Residences Sunny Isles Crown 6 – Bentley Residences Gil Dezer is at it again. After the resounding success of Porsche Design Tower in Sunny Isles combined with feedback from prospective buyers, he has added a sister tower to PDT (Porsche Design Tower). Bentley Residences in Sunny Isles offers many of the amenities that made their debut in Porsche, with a more feminine and elegant touch. These amenities include the Dezervator, Mr. Dezer’s signature patented car elevator that allows owners to park their car collections on the doorstep of their sky residences, and also a private signature restaurant. At Bentley Residences in Sunny Isles, Dezer has partnered with celebrity chef Todd English, who is also a four-time James Beard Award recipient. “Luxury is defined in many different ways, but taking solace and having more personal space in your own way is a great feature of new luxury experiences. It’s like carving out your own niche. Today, the more we become automated, the more we need our own personalized space, and the resident-only restaurant is a perfect example of newly defined luxury experiences,” English said. Once opened, Chef English plans to be very hands-on with the culinary experience of Bentley’s residents. There will be a private residents-only restaurant as well as in-home dining or poolside al fresco dining and drinks. The curated cuisine is anticipated to be freshly sourced with a relaxed yet sophisticated atmosphere. Prices at Bentley Residences Sunny Isles range from $5.5 million to $57 million for the upper penthouse. Rendering of Villa Miami 7 – The Villa Residences Back on the mainland in booming Edgewater, the latest development to offer culinary delights as a selling feature also offers the most extensive package of exclusive gastronomically-focused amenities. With Major Food Group as a development partner, The Villa Residences will be curating food and beverage experiences throughout the building. There will be a new signature restaurant spanning 2 levels that offers waterfront dining and private dining rooms, at-home private chef services and cooking lessons, and of course catering. A juice bar and coffee lounge awaits you in the morning as you rush off to your day, or poolside dining and drinks as you lounge. Mario Carbone himself even put his touch on the design of the kitchens and the appliance packages. The entire development centers around gastronomy. When residents go traveling, their VIP status travels with them, offering the ability to acquire special reservations and signing privileges at any Major Food Group concept around the world. Prices for Villa Miami begin at $4.5 million up to $30 million. How It Works Having a private 5 star restaurant is an amazingly opulent amenity, particularly given the practical side of it. Restaurants are not inexpensive to run. Between the dining and kitchen space, ingredients and staff, the tab ads up quickly, especially with the level of service and cuisine offered in these buildings. So how does the restaurant run? The developers typically add the cost of the build out to the initial finishes of the building’s construction. It is up to the HOA to maintain the space and cost of operation. Furthermore, these restaurants are not designed to turn a profit the way that a public restaurant would. It is solely designed for the enjoyment and convenience of the residents. With the HOA taking care of staff salaries, menu prices are able to remain reasonably priced. You should always tip your server though. If you are interested in a private presentation, more details on any of these projects and/or specific pricing, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman, the exclusive broker for the project. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
Cipriani Residences Miami Opens Sales Gallery Near Construction Site Posted on February 3, 2023 by Sarah Elles Boggs Showcasing the luxurious finishes and design touches of their first ever ground-up residential tower, the Cipriani brothers and Mast Capital have opened a sales gallery near the site of the upcoming development in Miami’s Brickell Financial District. The distinguished interiors have been designed by the aptly-named 1508 London, who is based near Buckingham Palace in London. The sales gallery is conveniently located near the construction site where the tower will soon stand and offers a unique opportunity to experience firsthand the elevated concept that Cipriani Residences Miami is bringing as well as the convenience of the location. The design elements of the tower will be highlighted including views from the actual residences that do not yet exist as well as a taste of the world-class service offered by the Cipriani brand. “The demand for Cipriani Residences Miami has been overwhelming given the tower’s authentic interpretation of the brand and its central location in the heart of Miami’s Financial District,” said Camilo Miguel, Jr., CEO and Founder of Mast Capital. “The sales gallery is a glimpse into the exceptional service and refined design, with best-in-class finishes and materiality that awaits residents both within their homes and in the amenity spaces.” Rendering of Cipriani Residences Brickell Miami Lounge 1508 London, whose effortless style comes to life with the thoughtful use of high-gloss walnut millwork and dazzling Murano chandeliers, also pays homage to Cipriani’s Italian heritage and splendor. The gallery was designed to embody the essence of the development and provide a taste of what it would be like to be a resident. Cipriani staff greets guests with the same sincere hospitality offered at any of their establishments. Guests will notice Taj Mahal flooring to epitomize the sophistication of the new tower with warm camel and cool blue color palettes that also pay homage to the classic Cipriani aesthetic. Custom crystal Venetian fixtures are scaled replicas of the full-scale chandeliers that will hang in the completed lobby. Arquitectonica has provided a nine-foot scale model of the building with floor-to-ceiling glass and a curved cascading façade. A model kitchen and primary bath have been constructed to offer a tangible experience of two key elements in choosing a new home. Rendering of Cipriani Residences Brickell Miami Kitchen The open-concept eat-in kitchen is decked out with Wolf Sub-Zero appliances, integrated with custom Italian cabinetry that eloquently displays the Cipriani’s famous style that is evocative of a luxury superyacht. In the primary bath, a grand, stand-alone bathtub is nestled near a dramatic solid bookmarked marble backdrop. The separate shower and water closet feel spacious and luxurious and the elegant vanity is encapsuled by premium high-gloss walnut cabinetry, finished with Italian style. The stainless-steel trimmed drawers open and close graciously and are complemented by a dramatic Calacatta marble countertop. “We carefully wove together a design that would be both derivative of the brand’s flagship properties and unique to this building. It was important to us that residents feel immersed in the Cipriani lifestyle and also have a sense of place in the heart of Miami’s Financial District.” said Leo Bertacchini, Design Director at 1508 London, to The Robb Report. Cipriani Residences Miami offers one- to four-bedroom residences from $1.4 million. The residences each offer private elevators to the 1,123 to 3,495 square foot layouts. Construction is expected to finish in 2026. If you are interested in a tour of the sales center with a presentation of the project and 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.
Cipriani Residences Miami Brings Chic Elegance To Brickell’s Financial District Posted on March 8, 2022March 8, 2022 by Sarah Elles Boggs Ending a legal battle that seemed like forever, Mast Capital has unveiled their plans for the newly-acquired development site at 1420 South Miami Avenue, in the heart of Miami’s Brickell Financial District. They have teamed up with Cipriani to bring the first ever ground-up residential tower for the luxury brand, in my opinion an amazing choice for this massive site! Cipriani does have residential towers in other markets, albeit those are remodels and repurposed properties. Miami’s tower will be the first ever brand new location, paying homage to our obsession with all things glittery, chic and new. The tower will span 80 stories and offer 397 residences comprised by 1-bedroom up to 4-bedroom floor plans. Residents will enjoy sweeping views of the Biscayne Bay, the glittering skyline and Simpson Park, which is a nature preserve that is nearly 8 acres right in the middle of the city. Rendering of Cipriani Residences Miami Brickell Views Known as the “Wall Street of the South,” Brickell is the second most dense neighborhood in the country (behind Manhattan, of course). Brickell is also home to more international banks in one neighborhood than any other neighborhood in the country, and with Miami’s weather, Brickell is also one of the most walkable neighborhoods in the country. Cipriani has over 30 locations worldwide, including a residential tower at 55 Wall Street in New York, making the site an obvious choice for the brand. “We are lucky enough to have been successful in the Brickell area for many years now with our Cipriani restaurant and Socialista lounge, and it seemed natural to extend our service oriented philosophy to people’s everyday life and homes,” Cipriani CEO, Giuseppe Cipriani, tells Forbes in a rare, exclusive interview. “Miami has evolved tremendously attracting culture, business and entertainment and guarantees an enviable quality of life. It is becoming a first or second residence for an increasing number of demanding and traveled individuals and families.” Some original Brickell residents will know this site as what was “the big hole in South Brickell.” I can’t think of a new resident or client that I have not had to explain the story behind the site. Originally slated to be a different super luxury project called Capital at Brickell, construction began and did not complete, leaving a large escavated hole in the city. CCCC Construction ultimately purchased the site, but constant internal discourse prevented them from doing anything with it aside from filling it in (after YEARS). And here we are today, with Mast Capital and Cipriani Residences to the rescue. We are very eager to provide additional details on the project as they become available. If you drive by the site, you will see that preliminary environmental work is being performed and the city seems to be as excited about the new addition to the neighborhood as we are. If you are interested in a presentation and 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.