Luxury High Rises Are Going Up All Over Miami

By Author: Andres Leiser
Total Articles: 34
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Luxury real estate new construction in Miami is on fire. Luxury real estate Towers are breaking ground from Fort Lauderdale to Brickell. The Lord Norman Foster-designed Faena House broke ground. It is the residential portion of Alan Faena's Faena District project. Units will feature wrap-around balconies modeled after Argentinian 'aleros' that connect the various rooms within each unit. The hotel portion of the project began construction in the neighboring Saxony Hotel last year. Sales were launched by Developer Alan Faena for the 47-unit luxury real estate oceanfront Faena House in Miami Beach. Faena is just one of the growing number of Argentine developers to undertake major construction projects in Miami. Faena House is the first element of what will ultimately become the Faena District, a private neighborhood. According to advertising for the project, it is “an international nexus for cultural activity and leisure.". Faena House will offer fully-furnished residences with one to five bedrooms with all the fixtures and appliances selected by the architects. Each home has a wraparound outdoor living terrace that is known ...
... in Argentina as an “alero.” It will be located on the widest stretch of white sand beach on Miami Beach, the residences are topped by three full-floor luxury real estate penthouses. Each luxury real estate penthouse will have its own private interior elevator and outdoor pool.

In other news, 1100 Millecento, the Related Group's luxury real estate tower in Brickell designed by Carlos Ott and Pininfarina looks like it will be breaking ground with a new contractor. It was previously thought they were going to break ground 6 months ago. New York-based Plaza Construction has broken ground on the Related Group’s new $105 million, 42-story condominium development, Millecento Residences by Pininfarina, the firm announced. The project is scheduled for completion in 2014. The tower is designed by architect Carlos Ott, along with Pininfarina. This will be the Pininfarina firm’s first U.S. project. Miami’s Cohen Freedman Encinosa & Associates are handling design for the 691,610-square-foot residential condominium tower, located Miami’s Brickell neighborhood at 1100 South Miami Avenue. Upon completed the tower will feature 382 high-end luxury real estate condo units. They will have amenities such as club rooms, a theater, cabanas, a party room, infinity pool, spa and fitness center. The project will also include 15,750 square feet of ground level retail along South Miami Avenue. It only took Millecento six months after its initial launch to sell out.

The New River Yacht Club, another Related-built project in Fort Lauderdale, is being built on the south bank of the New River. It broke ground last December. It is filling in yet another section of the New River's Riverwalk. The New River Yacht Club will feature 249 luxurious riverfront rental units. It will stand 26 stories above the river’s edge. The luxury real estate project will provide spectacular vistas of the New River and unsurpassed City views while offering the latest in urban living. There will be a well-appointed mix of one, two and three bedroom units are within walking distance of Las Olas.

Chateau Beach, the new Miami luxury real estate glass condo tower in Sunny Isles Beach broke ground during Art Basel last year.

AUTHOR'S BIO

Andres Leiser is a local contributor for Constec Realty's Miami luxury real estate website. Andres Leiser has been involved in Miami real estate for over a decade.