The Bond on Brickell condominium tops off construction at 44 stories

October 12th, 2015

Communitynewspaper.com | By Allie Schwartz

REAL ESTATE

n a milestone for Downtown Miami’s resurgent residential market, the first condo planned for Brickell Avenue since the recession has topped-off construction at 44 stories.

The Bond on Brickell, a 328-unit luxury tower under development by Rilea Group and MDR Toledo, is located at 1080 Brickell Ave. in the heart of Miami’s Brickell Financial District. The project, slated for delivery in the first quarter of 2016, is nearly sold out, with 97 percent of the building’s condo units under contract.

“We launched The Bond on Brickell at the beginning of Miami’s current development cycle because we were bullish on the Miami economy, the Brickell brand, and the development and sales team we assembled,” said Diego Ojeda, vice president of Rilea Group. “Buyers from more than 25 countries around the world responded by purchasing nearly all of the available units more than six months before delivery.”

The Bond marks the latest collaboration between Rilea Group, Coastal Construction and leading Miami architecture firm Nichols Brosch Wurst Wolfe & Associates (NBWW). The three firms previously teamed up in the successful development of the nearby 1450 Brickell office tower as well as the International Finance Bank headquarters near Coral Gables.

“We could not have reached this milestone without the dedication and tenacity of our tremendous team,” said Tom Murphy Jr., chair and CEO of Coastal Construction Group. “It continues to be a pleasure to work with Alan Ojeda and his team, the entire MDR Toledo group and Nichols Brosch Wurst Wolfe & Associates.

“The Bond is a shining testament to their vision and a beautiful addition to the Brickell skyline. With the topping off of the tower, we are poised to begin the next exciting step — the grand opening phase.”

Architecturally conceived by NBWW, The Bond will feature one, two and threebedroom condos, as well as exclusive lofts and penthouses, combining luxury amenities, fashionable art and design, chic interiors, and an unparalleled location on Brickell Avenue. NBWW designed the building to conform to the midblock characteristics of the site, filling in the void in the sky and creating “living blocks” that are outlined within the mass of the building. The building’s stylish interior and exterior spaces, designed by Mexico’s Loguer Design, will include hand-stitched leather and suede walls and classic tufted sofas, to pinstriped granite floors and custom-designed water features.

“We designed The Bond to be an icon in the Brickell skyline,” said Igor Reyes, partner at Nichols Brosch Wurst Wolfe & Associates (NBWW). “As an urban gesture, the tower fulfills on many levels, contributing to a flourishing neighborhood that is quickly becoming extraordinarily dense.”

Leading The Bond’s sales and marketing efforts is Cervera Real Estate, one of the most prominent brokerage firms in South Florida and the Americas.

“The Bond on Brickell’s sophisticated design and stylish British decor embodies Miami’s increasingly international appeal,” said Alicia Cervera Lamadrid, managing partner of Cervera Real Estate. “Rilea Group has met the growing demand for luxury condo living, attracting domestic and international buyers with an elegant design in an urban setting.”

Building amenities will include a resortstyle amenity deck, home to a T-shaped zero edge pool overlooking the city, a stylish library, a children’s learning center and a great room complete with a sitting area, billiards table, wet bar and kitchen.

Additional features include private cabanas with furnished summer kitchens, a large fire pit, and a “grotto-inspired” Jacuzzi area. Nearby,

The Bond’s fitness center and spa complex will offer high-end exercise equipment, floor-to-ceiling windows, and men’s and women’s steam rooms and saunas.

Residences will include floor-to-ceiling windows and sliding glass doors, spacious glass-balcony terraces, and double door entry walk-in closets. All units will be fitted with top-of-the-line stainless steel Bosch appliances; European styled cabinetry; Silestone countertops, backsplashes and vanities; and Porcelanosa designer bathroom faucets. Lifestyle kitchens will include breakfast bars that open up to living and dining areas for entertaining purposes. Spa-inspired bathrooms will include luxury porcelain flooring, with double sink vanities and frameless glass enclosures in select master bath units.

Residents and visitors will access the building via entrances on Brickell Avenue and SE First Avenue. Multiple public transit options such as the Metromover and Downtown Trolley, luxury hotels, and retail outlets are just steps away, including The Shops at Mary Brickell Village and Brickell City Centre, which will bring high-end shopping to the area when it opens in 2016.

PortMiami now ready for the big ship era

October 12th, 2015

Communitynewspapers.com | By Adria C. Muiz

BUSINESS

PortMiami now ready for the big ship eraThe grand celebration for the completion of PortMiami’s Deep Dredge project and On-dock Intermodal Rail took place on Sept. 18 making it ready for the big ship era.

It is the only major logistics hub south of Virginia capable of handling fully laden post-Panamax vessels. More than $1 billion of capital infrastructure projects now are complete and have transformed PortMiami to a major U.S. global gateway.

PortMiami now offers Super Post- Panamax gantry cranes that can service cargo vessels up to 22 containers wide and up to nine containers above deck and 11 containers below. On-dock intermodal rail service in partnership with Florida East Coast Railway (FECR) today links PortMiami to 70 percent of the U.S. population in four days or less.

Additionally, a new fast access tunnel connects the port directly to the United States Interstate Highway System providing rapid turnaround time for the movement of import and export goods. These projects already are providing customers with the convenience of fast reliable quality service.

“The completion of the Deep Dredge and the Intermodal On-dock Rail project are a major milestone not only for Miami- Dade County and PortMiami, but for all of Florida because the entire Sunshine State will benefit from increased trade opportunities once the expanded Panama Canal opens in 2016,” said Miami-Dade County Mayor Carlos A. Gimenez. “I thank Gov. Rick Scott, our state legislators, county commissioners and all who advocated for these critical projects.

“The completion of both projects ensures that PortMiami will remain competitive in the global marketplace,” he added.

“A new big ship era is here and PortMiami is ready,” said Juan M. Kuryla, PortMiami director and CEO. “I am proud to say that PortMiami is now able to berth Post-Panamax ships, and we are able to expedite the movement of goods throughout Florida, the continental U.S., and the world, fast and efficiently.

“We are grateful to the vision of our state and local leaders for making this critical infrastructure project a reality. The completion of PortMiami’s Deep Dredge and Intermodal On-dock Rail projects cannot be overstated; PortMiami is now positioned as the most reliable, convenient and efficient global hub on the North American East Coast ready to service the world’s leading ocean carriers,” Kuryla added.

“We congratulate our partner PortMiami on the completion of the Deep Dredge which will enable big ships to make a direct call,” said Jim Hertwig, FECR president and CEO. “We have come a long way since our On-dock Rail groundbreaking in July of 2011, to the completion of the Port Tunnel last year, and now the completion of the Deep Dredge.

“Today FECR runs daily port trains with cargo going to and from global markets that reach 70 percent of the U.S. population in four days or less including next day service within the state of Florida and second day service throughout the Southeast.”

The United States Army Corps of Engineers managed the project. Great Lakes Dredge and Dock Company LLC was the contractor selected for the deepening of PortMiami’s channel to 50/52 feet dredging which began in August 2013.

Renewals and expansions drive leasing at One Biscayne Tower

October 11th, 2015

Communitynewspaper.com | By Lee Stephens

BUSINESS

Renewals and expansions drive leasing at One Biscayne TowerLaw firm renewals and expansions are driving recent leasing activity at One Biscayne Tower, a building that has seen over 100,000 square feet of leasing this year.

Three law firms have signed renewals and expansions totaling nearly 55,000 square feet with an additional 21,000- square-foot renewal and expansion signed by French container transportation and shipping company CMA CGM.

Brian Gale and Ryan Holtzman of Taylor & Mathis brokered the four deals valued at $42 million, on behalf of the building’s owner.

The largest of these transactions is the 10-year renewal by statewide law firm, Broad & Cassel. The firm renewed its lease of 26,000 square feet on the 21st floor. Although many buildings tried courting them, their views from One Biscayne Tower couldn’t be beat. The deal was cobrokered by Richard Linevsky of NAI Miami.

“Broad & Cassel was one of the first new tenants we brought to the building over 10 years ago,” Gale said. “We were hired to lease One Biscayne Tower as new buildings were being built which were poaching tenants from existing buildings. When we first signed Broad & Cassel it really helped solidify the building’s image, which turned around the leasing momentum.

“From there we signed several more law firm leases. Ten years later, we are renewing those same tenants,” Gale added. “These renewals are testaments to the quality of the building, its ownership and, of course, those panoramic and unobstructed views of Biscayne Bay.”

The views also were key in securing the CMA CGM renewal and expansion. The world’s third largest container company has space overlooking the Port of Miami.

They can actually see their cargo ships, with their products and crates from their offices,” Gale said.

With an expansion of 7,000 square feet, the firm now leases 21,000 square feet at One Biscayne Tower. The deal was co-brokered by Chris Coots and Didier Choukroun of Flagler Investment Property Group.

Jackson Lewis, one of the country’s preeminent workplace law firms, signed a 22,800-square-foot renewal and expansion. The deal includes a 4,300-square-foot expansion to their 18,500- square-foot offices on the 35th floor. The deal was co-brokered by Chris Coots of Flagler Investment Property Group.

The law firm of Pathman Lewis LLP renewed its lease of 10,200 square feet. The deal was co-brokered by Barbara Liberatore and Matt Cheezem of CRESA.

Earlier this year Synergy Workspaces entered the Miami market leasing 26,144 square feet, a full floor, at the building.

“One Biscayne Tower has strong ownership, efficient floor plates with terrific window line and incredible views” Holtzman said. “With Bayfront Park located directly to the east, One Biscayne has endless ocean views that will never be obstructed. Our tenants love the fact that they are within walking distance to some of the best restaurants and hotels in the city in the fastest growing area in Miami.”

One Biscayne Tower underwent renovations to the common areas in 2014 with the vacant spaces and tenant corridors getting all new buildouts with new common area finishes and lighting.

“It looks like the interior of a brand new building,” Gale said.

One Biscayne Tower also received Gold LEED certification in 2014. During the LEED Gold certification process more than 83,000 square feet in lease transactions were completed. Tenants include FTI Consulting Inc., Northwestern Mutual, Sedgwick LLP, Harvard Maintenance, Grass Roots America, Veritext LLC, Foreman Friedman, ADD Inc., Young Bill Roumbus & Boles PA, Flagler Investment, Marcus Neiman & Rashbaum, CellMark Pulp & Paper.

One Biscayne Tower is centered in the heart of Miami’s dynamic business district and is within walking distance of courthouses, hotels, restaurants, highend retailers and overlooks beautiful Biscayne Bay and Bayfront Park. The building has won five Office Building of the Year (TOBY) Awards from the Building Owners & Managers Association (BOMA).

Fish Market & Restaraunts Coming to the Miami River

October 6th, 2015

Miami.curbed.com | By Sean McCaughan

BUSINESS

A collection of two-to-three story restaurants and a fish market are coming to a stretch of the Miami River fronting a currently-under-construction self storage and restaurant building called the East Coast Building, according to the developer of both, MV Real Estate Holdings. The new assemblage will be called theRiverside Wharf and is located on a substantial stretch of land between the I-95 overpass and the SW 1st Street bridge. They are planning 5 restaurants for a total of roughly 40,000 square feet, including a raw bar operated by the neighboring Garcia’s, a mainstay on the river. At the end of the collection of structures will be a fish market “in which local commercial fishermen would have a venue in which to sell their local seafood catch” according to the developer, which could come straight from boats docked along the river. The project is planned to accomodate up to 20 vessels “of any size, up to megayachts” on its 650 feet of river frontage, so that’s a lot of fish.

Final proposals for Lincoln Road redesign unveiled today

October 6th, 2015

Miaminewtimes.com | By Kyle Munzenrieder

BUSINESS

Miami Beach’s Lincoln Road has undergone a lot of changes in its relatively short history. Originally envisioned by Carl Fisher as an automobile-friendly “Fifth Avenue of the South,” the strip was converted into America’s second pedestrian mall in the ’50s under the eye of famed Miami architect Morris Lapidus.

By the late ’70s, the place fell into disrepair and became known for its shady characters and boarded-up store windows. Starting in the late ’80s, it reemerged as something of an artsy and boho hotspot lined with galleries and eccentric places like jazz clubs, apothecaries, and crystal shops, but its slow creep since then toward a fancy outdoor version of a suburban shopping mall has been completed in the past few years. It now features tenants like H&M, Urban Outfitters, and Forever 21.

Miami Beach officials believe a new era for Lincoln Road necessitates a refurbished design, so they’ve hired James Corner Field Operation — the hot landscape architecture firm of the moment thanks to its work on New York City’s High Line Park — to give the shopping strip an update.

Residents have previously gotten a peek of what the architects were up to, but today their final proposals will be unveiled.

The main focus is to revitalize Lincoln Lane and Lincoln Lane South, which, at the moment, are more or less glorified alleyways that run parallel to the north and south of Lincoln Road proper. The public can drop by Miami Beach City Hall beginning at 6 p.m. today to get a glimpse of the plans.

Those new plans include widened bike lanes, expanded sidewalks that can accommodate café dining, and more trees.

You’ll have to wait until tonight to view those renderings, but the firm did provide new images of its tweaked but previously seen plans for the main strip.