New Details on Park Grove via the Miami Herald

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Coincidentally, the Miami Herald ran an article on Park Grove shortly after my blog post yesterday.    The article reveals new details on the 5.2 acre project, including that the two 20-story bayfront towers (Tower 1 and 2) will each have 72 units, and that the third tower (also 20-stories) will have 140 smaller units toward the rear of the property.   The bayfront towers will have floor-to-ceiling glass exterior walls with 12-foot ceilings, and the rear tower (Tower 3) will have 10-foot ceilings.

The Herald also reports that only one of the two bayfront towers is open for reservations, and about 30 percent of the units have sold since May.  The rear tower, which began taking reservations three weeks ago, is about 20 percent sold.   Construction is expected to begin early next year.  As for prices, the bayfront tower currently for sale is priced in excess of $1,000 per square foot, ranging from about $2.1 million for a 2-bedroom, 2 1/2-bath unit to about $4.6 million for a 4-bedroom, 5 1/2-bath unit, excluding penthouses.  Tower 3, which will have smaller units, is about $900 a square foot.

The project also includes a scheduled “major public-private makeover” of the waterfront, a new park, as well as a 50,000-square-foot “retail village” at the rear of the property by Mary Street and Tigertail Avenue.  It is also reported that the project will include a variety of artwork, notably a sculpture installation by Spanish artist Jaume Plensa that will be displayed in front of the development.

You can view the full article here.

Miami New Construction Spotlight – Park Grove

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Park Grove
Bayfront Residences
2701 Bayshore Drive | Coconut Grove

In this Miami New Construction Spotlight, I’m featuring the newest pre-construction project to hit the Coconut Grove neighborhood: Park Grove.  Designed by Rem Koolhaas’ Office for Metropolitan Architecture and developed by Terra Group and Related Group, Park Grove will sit on Bayshore Drive at the site of the Coconut Grove Bank, providing expansive views of the bay, marina and the village of Coconut Grove.

Described as striking “a thoughtful balance between direct access to downtown Miami and a sense of serenity and separation,”  Park Grove is the ultimate location for those who desire that perfect combination of “upscale bohemian living” in Coconut Grove, with the excitement of Miami’s nightlife at their fingertips.

The project will consist of 3 towers and will be constructed in phases with Towers 2 and 3 being sold first.   Floor plans will range from 1-4 bedrooms with approximately 800 sq ft to nearly 3,000 sq ft.   One of the notable features of Park Grove is that the units will be delivered totally finished (similar to Echo Brickell), with interiors by William Sofield (if you’ve seen Sofield’s work, you know these interiors will be très chic).

Scroll down for photos and more info:

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Features of Park Grove:

  • Developed by Terra Group & Related Group
  • Designed by World-Renowned Architect OMA /Rem Koolhaas
  • Expansive Bay and City Views
  • Certified LEED ® Silver
  • 24-Hour Concierge and Valet Service
  • Nautical Themed Concierge for Booking Yachts, Boats, Sailing Lessons, etc.
  • Butler Service
  • Private Business Center with Meeting Rooms
  • Lush Landscaped Gardens by Enzo Enea
  • Sculpture Garden
  • Artwork by Notable Sculptors and Artists
  • Lobbies and Amenity Area Designed by William Sofield
  • Luxurious Pool with Private Cabanas
  • Bayview Dining Room for Private Events
  • Dedicated Penthouse Pools
  • Wine Cellar and Wine Lockers for Residents
  • Indoor /Outdoor Yoga Spaces
  • Large Conference Room /Boardroom with Video Conferencing Capabilities and Integrated Media Systems
  • Library
  • Fitness Rooms, Reception, and Mail Room for each Residential Tower
  • Bike and Watercraft Storage
  • Residents Lounge for Events
  • Children’s Indoor and Outdoor Play Area
  • Private Screening / Media Room
  • Adult Gaming Room including Billiards and Table Tennis

Amenities include:

  • Private Club to be Accessed by all Park Grove Residents
  • Curated Events and Speaking Appearances by Top Leaders in
  • Diverse Industries, Private Musical Performances by Acclaimed Artists, Private Movie Screenings, and Epicurean Events
  • Concierge Services
  • Large Dining Area and Full Service Kitchen with Acclaimed Chef
  • Library /Lounge Area
  • Social Spaces
  • State-of-the-Art Fitness Center, including:
  • Top-of-the-Line Fitness Equipment and Free Weights
  • Private Training Rooms, including Yoga, Pilates, and Spinning Studio
  • Spa with Personal Treatment Rooms, Steam, and Sauna
  • Men’s and Women’s Locker Rooms

Residence features:

  • 1, 2, 3 and 4 bedroom floor plans
  • 3 buildings (Tower 1, Tower 2, and Park Grove “Club Residences”)
  • Interiors Designed by William Sofield
  • Italian Cabinetry with Glass Doors and Stone Countertops
  • Sub-Zero / Wolf Appliances

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Views from Park Grove:

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There is no question that Park Grove is going to be an incredible project, from the architecture and art to the landscape and interiors.  And as a new “Groveite” myself, I can honestly tell you that Coconut Grove is one of the most special neighborhoods in Miami and a wonderful place to live.  If you’re interested in this project or looking for more information on Coconut Grove or the surrounding neighborhoods in Miami, contact me today at lindsayrubens@avatarflorida.com or 305.799.2124.

Under $500k: Luxury Living at the Ritz-Carlton Residences, Coconut Grove

A1964557_301_15The Residences at The Ritz-Carlton, Coconut Grove
3350 SW 27 Ave., #1603
1 bedroom/1 bathroom/1 half bath | 896 sf | $499,000

After a bit of a hiatus, Under $500k is back! – and this week, I’m featuring a modern and bright 1 bedroom unit at The Residences at The Ritz-Carlton, Coconut Grove.  Tucked away in the heart of Coconut Grove just off of Bayshore Drive, these Ritz-Carlton residences are located in one of Miami’s most exclusive neighborhoods surrounded by nearly two acres of lush tropical gardens and views of Biscayne Bay.  Built in 2002, the property consists of 2 towers (one for hotel guests, another for residents), and the residents’ tower has 22 floors with 115 units.  Residents can enjoy the hotel’s premier amenities, such as a state-of-the-art spa and fitness center, luxurious pool, valet and concierge services, as well as the hotel’s cafe and fine dining.  It’s also worth noting (for all of your dog lovers – like me!) that the Residences are pet-friendly.

The property I am showcasing  is #1603 and it has 1 bedroom, 1 full bathroom and 1 half bathroom.  It has just under 900 square feet and is listed for $499,000 ($554/sf). The property is listed by Mitzi Mitchell of Cervera Real Estate.  The unit features beautiful modern finishes including beige marble floors throughout with Venetian plaster walls. It has a large balcony overlooking sailboats on the bay and a sparkling city skyline at night.  The spacious master bedroom has a walk-in closet and a luxurious en-suite master bathroom with dual sinks, a bath tub, glass-enclosed shower, and ample cabinetry.  The kitchen is light and bright with granite counter tops and stainless steel appliances, and the powder room is a great added bonus for entertaining.

One of my favorite parts about this property is all the gorgeous light fixtures.  While recently decorating my new house, I became obsessed with light fixtures – they’re an easy way to make a dramatic change in a space.  I’ve counted three sparkling light fixtures throughout this property – one in the kitchen, and one in each bathroom.  They are super chic and provide the perfect touch of luxury!  Scroll down to see all the photos, as well as recent sales activity in the building:

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Master Bedroom

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Master Bedroom

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Master Bathroom

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Master Bathroom

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Kitchen

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Powder Room

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Living Room

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Hotel Lobby

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Pool Deck

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Hotel Dining

Below is the sales data for the last 12 months:

Unit Sq Ft #Beds #FullBaths #HalfBaths List Price Sale Price Price/SqFt Date Sold
# 1105 959 1 1 1 410,000 405,000 422.315 5/30/2014
# 1401 2235 3 3 1 1,329,000 1,250,000 559.284 4/22/2014
# 1406 2028 2 2 1 849,000 849,000 418.639 1/8/2014
# 2202 2607 3 3 1 1,750,000 1,675,000 642.501 11/12/2013
# 2203 1831 2 2 1 825,000 750,000 409.612 9/16/2013
# 1603 896 1 1 1 499,000 480,000 535.714 9/6/2013
# 1904 1084 1 1 1 499,000 468,000 431.734 9/4/2013
# 1806 938 1 1 0 399,000 395,000 421.109 8/15/2013
# 1004 2028 2 2 0 799,000 725,000 357.495 8/2/2013
# 1601 2235 3 3 1 1,475,000 1,250,000 559.284 7/2/2013
# 906 2028 2 2 1 795,000 740,000 364.892 7/1/2013

Below are all of the available units for sale in the building:

Unit Sq Ft #Beds #FullBaths #HalfBaths List Price
# 1901 2530 3 2 1 1,599,000
# 1002 2032 3 3 1 1,230,000
# 1204 2028 2 2 1 925,000
# 1603 896 1 1 1 499,000
# 1003 896 1 1 1 495,000
# 1706 938 1 1 1 459,000
# 907 896 1 1 1 450,000

Contact me at lindsayrubens@avatarflorida.com or 305.799.2124 for more information.  Happy weekend!

Miami New Construction Spotlight – Reach Brickell City Centre

Project Exterior Night (1) Reach Brickell City Centre 68 SE 6 St., Miami, FL 33131

Unless you’ve been living under a rock for the last year, you’ve probably heard a lot of hype about the mega project that is Brickell City Centre.   This $1.05 billion mixed-use development by Swire Properties  is the single largest project currently underway in Downtown Miami, which will consist of  a 565,000 square-foot shopping center, 128,580 square feet of offices, a 131,651 square-foot wellness center, 790 condominiums in two towers (“Reach” and “Rise”), 263 hotel rooms, 89 serviced apartments, and 2,600 parking spaces above and below ground.

Currently, only one of the two condo towers has been released for sale: Reach Brickell City Centre.  I had the opportunity to tour the sales office yesterday and hear from the sales team about this exciting new project.  Designed by internationally acclaimed Arquitectonica, Reach will consist of 43 stories with 383 luxury condominiums, and floor plans ranging from 1-4 bedrooms.

The building models were beautiful and incredibly detailed; read on for photos and more info on Reach Brickell City Centre.

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Building models at Reach Brickell City Centre

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We also got to check out the model kitchens and bathrooms  by Italkraft.  The units are being delivered “furniture ready” (i.e. finished), and buyers can select between two color palettes: “espresso” and “latte”:

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“Espresso” bathroom model featuring imported marble flooring and geometric mosaic marble tile walls in wet areas.  Elegant soaking tub with frameless glass-enclosed shower and rain-shower showerhead in master suite. Duravit Sensowash “water closets” (aka a toilet and bidet in one).

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Quartz stone vanity tops with integrated-light mirrors by Electric Mirrors, designer Danze faucets, and modern Italian cabinetry.

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“Espresso” model kitchen with cabinets by Italkraft, quartz stone counter tops and back-splash, and imported marble floors.  Premium Bosch appliance package including 36″ refrigerator & freezer, 300 series microwave, integrated panel, extra-quiet dishwasher, built-in convection oven and ceramic glass stovetop.  Uline 48-bottle temperature-controlled wine storage and oversized, stainless steel, square-edge sink with European-style pullout faucet sprayer.

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“Latte” model bathroom featuring a lighter color palette.

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Model walk-in closet.

Other residence features include:

  • 9’4” to 11’4” ceilings
  • Penthouse residences with 12’4″ ceilings featuring upgraded appliance packages, outdoor/summer kitchens and some with private rooftop pools and outdoor spas.
  • Ten luxurious corner Tower Suites featuring 3 bedrooms and 4 baths
  • Residences are delivered fully finished and “furniture ready” with choice of two interior finish packages (“Espresso” and “Latte”) including Italian cabinetry and imported marble floors
  • Bio-metric technology elevator access
  • City-view terraces with glass and aluminum railings directly accessible from living areas and bedrooms
  • Floor to ceiling sliding glass doors
  • Over-sized, fully finished walk in closets in all master bedrooms
  • Powder room in most residences
  • Pre-wired for high-speed data, telephone and cable, with USB charging outlets in bedrooms and master closets

Building amenities at Reach Brickell City Centre will include:

  • Interiors by renowned design firm Richardson Sadeki
  • Expansive half acre amenity deck including tropical gardens, bbq grills, outdoor fitness areas and children’s play areas
  • Heated lap and social pools with two heated spas
  • Poolside beverage and cafe service
  • Library
  • Spacious, state of the art fitness center
  • Tech-savvy children’s playroom
  • Exclusive spa for residents’ use featuring dipping pools, showers, steam rooms, as well as treatment rooms and blow-out bar for touch ups with mani-pedi station
  • Entertaining suite with furnished living room, dining room and kitchen
  • Business center with ample meeting room
  • Wi-Fi throughout the lobby and amenity deck
  • On premise concierge
  • Assigned parking for all units in secured garage plus optional valet parking services

Looking for more info?  Contact me today at lindsayrubens@avatarflorida.com and you can always call me at 305-799-2124.