EXCLUSIVE: Miami Worldcenter Changes and Retailers Revealed Posted on February 4, 2016February 5, 2016 by Michael Light After publishing the above-referenced article, I was contacted by the development team at Paramount Miami Worldcenter and asked to remove the story from my website because they do not want the information I published to be known to the public at this time.
Miami Luxury Homes: Top 5 Pre-Construction Condo Developments in 2016 Posted on January 20, 2016January 20, 2016 by Michael Light Miami Luxury Homes top pre-construction condo development picks for 2016 include 5 luxury condo projects that we think are the “Best Overall.” Our picks do not include the lowest price per square foot or the cheapest condos, because that doesn’t make a condo project the best choice. You have to consider the development team, architect, amenities, location and much more. So, our top picks are more what we think are the best overall projects to currently buy, but definitely not the cheapest! #1 – One Thousand Museum, Downtown Miami One Thousand Museum Zaha Hadid’s One Thousand Museum project topped our list as the best pre-construction condo project to buy in 2016. Plans for the 62-story luxury tower include only 83 bespoke units that range from 4,503 to over 15,000 square feet. One Thousand Museum will offer its residents stunning, open-concept, flow-through layouts with 10-20-foot ceilings, Italian-designed gourmet kitchens and spacious terraces with direct bay and ocean views. Oh, and we cannot forget to mention that the luxury tower will be the first building in the country to use a glass-fiber reinforced concrete shell as the permanent frame for its innovative exoskeleton, which is being shipped in from Dubai. Residents of One Thousand Museum will enjoy extraordinary amenities including an exclusive rooftop helipad, double-height aquatic center with indoor infinity-edge pool, state-of-the-art fitness center and spa, resort-style sun deck with swimming pool overlooking Biscayne Bay, private sky lounge, movie theater and much more. And, this luxury development will even offer custom scenting throughout individual units! One Thousand Museum is currently under construction and is scheduled to be completed in 2017. There are only a limited number of the 83 total residences still available at this 6-star luxury condo development. #2 – Paramount Miami Worldcenter, Downtown Miami Paramount Miami Worldcenter Terrace Next on our list is Paramount Miami Worldcenter, a 58-story modern residential tower situated in the epicenter of Downtown Miami at Miami Worldcenter, the second largest urban development in the country. Paramount Miami Worldcenter will consist of 513 luxury condos boasting private elevator access with private foyers, 10-foot ceilings, outdoor living rooms and oversized terraces with views of Biscayne Bay and the vibrant Miami skyline. Paramount Miami Worldcenter will offer unprecedented amenities to its residents on the 9th floor roofdeck, spanning 9 incredible acres 120′ above the city. Amenities include a conservatory, social leisure lounges, high-tech fitness center with boxing and aerobic studios, wellness spa and salon, kid’s play center and a resort-style pool. Paramount Miami also features its exclusive, 4-story Yacht Skyview Deck located on the 55th – 58th floors, offering Skyview Lounge, a swimming pool, a soothing yoga area and spectacular bay and city views. Paramount Miami Worldcenter residents are also certain to love the complimentary services of Luxury Attaché, the country’s premier concierge management company. Miami Worldcenter is currently changing its format from a traditional mall to a more high-end, Lincoln Road/Shops at Bal Harbour-esque shopping center and promenade, which is so much better suited for the upscale lifestyle of Miamians and tourists. So, stay tuned for the awesome changes! Paramount Miami Worldcenter is scheduled for completion at the end of 2018. #3 – Park Grove, Coconut Grove Park Grove Rooftop Pool Park Grove, situated on the serene bayfront streets of Coconut Grove, is our 3rd top pick. This ultra-luxury condo development will consist of 3 exquisite towers that have been designed by a team of world-renowned architects, designers and developers. Park Grove condo residents will enjoy high-class architecture by OMA’s famous Rem Koolhaas, interiors custom designed by the famous William Sofield, known for his historical yet modernist principles and creations of harmony between the aesthetically pleasing and everyday comfort, and the lushly landscaped gardens by Enzo Enea. Park Grove will offer only 250 custom residences within the 3 towers allowing it to be a more exclusive place to call home. Park Grove will feature absolutely stunning views of Biscayne Bay and is only steps from the Dinner Key Marina, Kennedy Park and the CocoWalk shops. Park Grove is currently under construction and is scheduled to be completed in 2017. #4 – Eighty Seven Park, Miami Beach Eighty Seven Park Eighty Seven Park is a truly-unique, oceanfront condo development designed by Italian starchitect Renzo Piano. Situated at 8701 Collins Avenue in Miami Beach, Eighty Seven Park will be an 18-story condo tower consisting of only 70 custom residences nestled in the middle of a 35-acre park right along the Atlantic Ocean. Eighty Seven Park is significant because of its world-class team of collaborators that include development by Terra Group, interior design by Rena Dumas and architecture by internationally-acclaimed designer Renzo Piano, who brings an exceptional sense of fashion to the architectural design world that is quite extraordinary. Internationally famous for many remarkable projects including The New York Times Building, London Bridge Tower and Astrup Fearnley Museum of Modern Art in Norway, Renzo Piano is certain to design Eighty Seven Park, Piano’s first residential development in the United States, as a work of art. Eighty Seven Park will offer extraordinary features and amenities including a botanical exhibition, soul center spa and fitness center, 2 swimming pools with private cabanas and valet services, wine bar and cellar, juice bar, private gardens, children’s recreational room and playbox, direct beach access with exclusive lounge chairs, umbrellas and valet service and a variety of water sports. Eighty Seven Park is slated for a 2018 completion date. #5 – The Estates at Acqualina, Sunny Isles Beach The Estates at Acqualina Amenities, Amenities, Amenities. Even though The Estates at Acqualina is our #5 choice, it should not discount this absolutely extraordinary beachfront condo development that will offer gorgeous designed residences and will be loaded, I mean loaded, with over-the-top amenities. The Estates at Acqualina will consist of 2 luxury condo towers, 777 Via Acqualina which will offer 91 exquisite half and full floor residences and 888 Via Acqualina which will feature 173 luxury units. Residences at The Estates at Acqualina will offer expansive layouts and wrap-around terraces with outdoor living rooms, summer kitchens and breathtaking ocean views. The Estates at Acqualina will boast Villa Acqualina, which will feature 45,000 square feet of unprecedented amenities including a fitness center and wellness spa, a world-renowned 10,000-square-foot 5-star restaurant and Circus Maximus which is a full floor of awesome amenities including a Formula-1 simulator, an ice skating rink with a mural of the ocean, golf simulator, 4 bowling lanes, movie theater, Wall Street trader’s club room, billiard room and kid’s play room. The Estates at Acqualina will also feature 6 pools – a rooftop social pool, lap pool with spas, infinity-edge pool overlooking the stunning ocean, zero-entry children’s pool, children’s pool with water slides and a FlowRider pool, soccer field, Bocce court, running path, dog park, basketball court and volleyball court. The Estates at Acqualina amenities are certain to impress everyone. Residents of The Estates at Acqualina will also benefit from access to The Estates’ sister developments, Acqualina Resort & Spa and The Mansions at Acqualina. The impeccable service by Acqualina Resort & Spa, a Forbes 5-Star and AAA 5 Diamond Hotel, will ensure that The Estates at Acqualina provides an amazing and unique living experience. The Estates at Acqualina is estimated for completion in 2019. If you, or someone you know, are interested in purchasing a luxury condo in Miami or simply have a question about the luxury real estate market in Miami, please contact Michael Light, your trusted Miami condo specialist. You may reach me on my cell at (786) 566-1700, directly at my office at (305) 350-9842 or via email at michael@miamiluxuryhomes.com.
38 Canadian Real Estate Professionals Tour Miami Pre-construction Projects With Michael Light Posted on November 13, 2015November 13, 2015 by Michael Light Last week, I hosted a group of 38 members from Toronto, Canada’s Building Industry and Land Development Association (“BILD”) for exclusive presentations of Miami’s top pre-construction condo developments. The study tour for the BILD group was primarily to learn how Miami developers are attracting luxury buyers to our Miami market AND many of the individuals on the tour were interested in purchasing pre-construction condos for their own investment purposes. One of the members of BILD is an avid reader of this very blog and thought I would be the perfect broker to work with because of my knowledge of the Miami condo market. About nine months ago, I was approached by BILD to assist them with touring multiple, highly-sought-after pre-construction condo developments in Greater Downtown Miami, including Brickell and Edgewater along with Sunny Isles Beach. I spent the better part of a month putting together the logistics of the tour which took place on Wednesday and Friday last week. On Wednesday, I started the tour with a presentation and breakfast at the Delano Hotel where I presented a snapshot of the Miami condo market, average pricing by neighborhood and an overview of the vast number of new projects either currently under construction or in the planning stages. We went on to receive presentations of Elysee, Gran Paraiso and Aria on the Bay in Edgewater and One Thousand Museum and Paramount Miami Worldcenter in Downtown Miami. On Friday, we began our day by visiting Brickell Flatiron, who hosted a breakfast for the group, and then went on a walking tour through Brickell as I pointed out and described each individual building under construction and existing, on our way to visit Brickell City Centre’s Reach and Rise Towers followed by a visit to Sunny Isles Beach for an amazing presentation of Porsche Design Tower to end the day and the tour. The overall tour was a great success! I made great connections with many developers, brokers looking to refer their clients in the Miami area and others that were interested in individually purchasing investment properties in Miami. The Real Deal attended my presentation on Wednesday at the Delano Hotel prior to the tour, so please CLICK HERE to see the article written by the Real Deal. Michael Light Giving Presentation to BILD Housing Study Tour I would also like to say a special Thank You to all of those who participated and/or supported the tour in Miami! Check out some of the pictures from the tour below! One Thousand Museum by Zaha Hadid Presentation Paramount Miami Worldcenter With The Fabulous Liza Hernandez Porsche Design Tower Presentation If you, or someone you know, are interested in purchasing a condo in Miami, please contact your Miami condo specialist, Michael Light. You may reach me at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
Paramount Miami Worldcenter Breaks Ground Today Posted on September 3, 2015 by Michael Light This morning, my wife and I attended the private groundbreaking celebration for the signature residential condo development at Miami Worldcenter, Paramount Miami Worldcenter, in Downtown Miami. The celebration was held for the Paramount Miami Worldcenter team of developers, etc. along with top brokers associated with the highly-anticipated condo project. Before Paramount Miami officially broke ground and demolition on the former Mekka Nightclub began, Dan Kodsi, the developer of Paramount Miami Worldcenter, expressed his excitement about the mega project. “Today marks a momentous day,” said Dan Kodsi. “Miami Worldcenter will be a huge transformation for not only Downtown Miami but all of South Florida.” Kodsi is right, Miami Worldcenter will completely change the dynamic of Greater Downtown Miami and all of South Florida with over a million square feet of retail space, an eclectic variety of entertainment and an ultra-luxury condo tower offering 513 luxury residences and an unparalleled 9-acre amenity deck. You still have an opportunity to purchase a luxury condo at Paramount Miami Worldcenter, so please contact Michael Light for an exclusive presentation. You may reach me at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at info@paramountmiamicondos.com. Check out the video and pictures of the Paramount Miami Worldcenter demolition event below. Michael Light, Dan Kodsi, Liza Hernandez, Jaimee Light and Michael Sadov (Left to Right) Paramount Miami Development & Sales Team Developer Dan Kodsi taking the first swing Developer Dan Kodsi announces the demolition/groundbreaking Developer Dan Kodsi speaking to the VIP guests Paramount Miami Worldcenter demolition breakfast
Paramount Miami Worldcenter Converting to Contracts This Week Posted on July 30, 2015 by Michael Light Monday, contracts were officially made available for reservation holders at the highly-anticipated Paramount Miami Worldcenter. I had the honor of representing the very first contract signer on Monday afternoon at the Paramount Miami sales gallery. In fact, I had the triple honor since my client had signed his contracts for 3 side-by-side units on the 46th floor. As a contract holder, my client now has full access to the posh services of the ultra-high-end concierge services exclusive to Paramount Miami condo owners, Luxury Attaché. In the wake of our contract signing, I had the pleasure of being interviewed at the sales gallery Wednesday afternoon with Paramount Miami’s developer, Dan Kodsi, by Sean Stewart-Muniz of The Real Deal. If you would like to read the interview, please click below: Paramount Miami Worldcenter is converting to contracts – (The Real Deal) Also, after signing his 3 contracts on Monday afternoon, my client and I got a sneak peak at the floor plans for the massive 2-story duplex penthouses at Paramount Miami Worldcenter. The floor plan for PH 5411 includes over 6,200 square feet of jaw-dropping awesomeness with a 20′ wall of glass in the living room. I was asked not to post the floor plan here, BUT I can secure this amazing residence for you right now. If you are interested in purchasing a duplex penthouse at Paramount Miami, please contact me for more information. You may contact me at (786) 566-1700 or via email at info@paramountmiamicondos.com. For more details including renderings, floor plans and videos, please visit www.ParamountMiamiCondos.com for more information.
Paramount Miami Worldcenter Penthouses Now Available for Sale! Posted on July 13, 2015July 13, 2015 by Michael Light Paramount Miami Worldcenter has not yet “officially” launched sales of its exclusive luxury penthouse collection; however, I do have the floor plans for the penthouses and can reserve you a Paramount Miami penthouse today. 2 Penthouses Already Sold! Although Paramount Miami penthouses have not yet been released to the public for sale, I have confirmed that 2 penthouses have already been reserved and that contract conversion will begin soon for all of the Paramount Miami condos including these 2 penthouse residences. It’s All About The Size Penthouses at Paramount Miami Worldcenter will be located on floors 47 – 54 and range in size from 3,509 square feet – 4,087 square feet (under a/c). Each floor will only have 4 penthouses; however, if you reserve a penthouse during the pre-construction phase, you have the option of combining 2 penthouses for half of a floor (7,000 – 8,000 sq/ft) or combining 4 penthouses to have an entire floor (holy cow that’s 15,000 sq/ft!) to yourself. In addition, the developer is allowing buyers to purchase 2 penthouses with 1 located above the other to create a unique duplex penthouse. There are so many combination options available to create a spectacular, ultra-unique penthouse at Paramount Miami Worldcenter, and I cannot stress enough the importance of one-of-a-kind condos in the Miami market to set yourself apart from other owners when you try to sell your condo down the road, whether upon completion or 20 years in the future. An Investor’s Paradise And, food for thought, if you buy 2 or more pre-construction penthouses at Paramount Miami to combine them into one massive condo, think about your return on investment. If you purchase at around $1,000 per square foot (penthouse pricing has not been officially released, but $1,000 per square foot is what I speculate pricing is) and create a 7,000 or 8,000 square foot penthouse, only One Thousand Museum (next door to Paramount Miami) units can compare in size. The most recent sales at One Thousand Museum have been at an eye-popping $1,900 per square foot, and that is for standard units…not penthouses. You have an opportunity to purchase a penthouse way below the prices at One Thousand Museum today, and then set your own market when you decide to sell since you will have little to no competition. Easy Math For Any Seller: Unique Condo + One-of-a-Kind Building + No Competition = Amazing Return on Investment -Below are the floor plans for the Paramount Miami penthouse residences- Download Paramount Miami Worldcenter Penthouse J1 Floor Plan Paramount Miami Worldcenter Penthouse Floor Plan J1 Line Download Paramount Miami Worldcenter Penthouse J2 Floor Plan Paramount Miami Worldcenter Penthouse Floor Plan J2 Line Download Paramount Miami Worldcenter Penthouse K1 Floor Plan Paramount Miami Worldcenter Penthouse Floor Plan K1 Line Download Paramount Miami Worldcenter Penthouse K2 Floor Plan Paramount Miami Worldcenter Penthouse Floor Plan K2 Line If you, or someone you know, are interested in purchasing a penthouse at Paramount Miami Worldcenter, please contact Michael Light. You may reach me directly at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at info@paramountmiamicondos.com. Paramount Miami Worldcenter Penthouse Dining Room
Paramount Miami Worldcenter Ready for Contract Conversions Posted on July 3, 2015July 3, 2015 by Michael Light The Paramount Miami contract coordinator just sent out emails to all of the buyers who have already reserved a unit(s) at Paramount Miami Worldcenter confirming that they are in preparation for contract conversions and the contract conversion packages will be sent out to reservation holders “in the coming weeks.” Below is the text of the email that was just sent out to Paramount Miami buyers. “Dear [Buyer’s Name], On behalf of the PARAMOUNT Miami Worldcenter team, it is with great excitement that I share with you updates as to our progress. We have been continuing our efforts to sell PARAMOUNT Miami Worldcenter at a rapid pace and are happy to announce that we are ready for contract conversion. As a reservation holder, you have recognized what a truly unique opportunity PARAMOUNT Miami Worldcenter represents and have secured your residence at a pre-construction rate. We are on track to begin the contract conversion process in the upcoming weeks and commence construction thereafter. Shortly, for your convenience, you should expect to receive a UPS package with your Purchase Agreement along with the Prospectus for your review and signature. However, if you prefer an in-person meeting at our Sales Gallery, you can schedule an appointment with your sales representative. Included in the package will be the following: 1. Cover letter with detailed instructions for executing and returning all required documents; 2. Your Purchase Agreement (2 copies), Floorplan and Frequently Asked Questions sheet; 3. Prospectus (condominium documents); and 4. A receipt that you must sign and return to us acknowledging receipt of the items listed in #3 above. For your convenience, you will be provided with a pre-paid UPS return slip and envelope to return all necessary documents. Upon receipt, please promptly return items #2 and #4 along with a check (or a notice indicating you are sending a wire transfer) to complete your remaining deposit of the purchase price. We thank you again for your purchase at PARAMOUNT Miami Worldcenter. Your Sales Associate will be in contact with you in the upcoming weeks in order to start the process of converting to contract. Should you have any questions, please do not hesitate to call your Sales Associate or me.” In addition, although some people have written their “opinions” that Miami Worldcenter will not happen, I am here to confirm that they are flat out wrong. Last week, I spoke directly with the Paramount Miami Worldcenter developer, Daniel Kodsi, and he confirmed rapid progress of Paramount Miami Worldcenter and that the speculation of Taubman backing out of the Mall at Miami Worldcenter is completely FALSE! Miami Worldcenter developers are in the middle of signing some big retailers for the posh new shopping mall. I am hoping that all of this information will hush the pessimists who speculate that the Miami Worldcenter mega project is not going to happen, because it is going to happen and soon! If you, or someone you know, are interested in purchasing a luxury pre-construction condo at Paramount Miami Worldcenter, please contact your Miami condo specialist, Michael Light. You may reach me on my cell at (786) 566-1700, at my office at (305) 350-9842 or via email at info@paramountmiamicondos.com.
JUST RELEASED – New Video of The Mall at Miami Worldcenter Posted on June 18, 2015 by Michael Light A new video was just released showcasing new features of the exquisite shopping mall and 7th Street Promenade at Miami Worldcenter. The Mall at Miami Worldcenter will house over 765,000 square feet of ultra-posh retail space anchored by a 195,000 square foot Macy’s and a 120,000 square foot Bloomingdale’s. The 7th Street Promenade, which will be situated alongside the Mall at Miami Worldcenter, has been expanded to span over 250,000 square feet. Surrounded by beautiful landscaping, the 7th Street Promenade will feature an array of fine and casual dining along with an assortment of entertainment. Situated atop the Mall at Miami Worldcenter, will be the signature residential condo tower, Paramount Miami Worldcenter, which is already over 50% sold out! If you, or someone you know, are interested in purchasing a luxury condo at Paramount Miami Worldcenter, please contact Michael Light. You may reach me at (786) 566-1700 or via email at info@paramountmiamicondos.com. Groundbreaking of the first phase of the Miami Worldcenter mega-project is estimated to begin in August of 2015.