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Digital Edition, LIFESTYLE, Living, Real Estate, The Issue

Miami Real Estyle: Trending Homes in Miami

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By Angela Betancourt As Miami’s economic landscape continues to improve, developers are not wasting any time building elaborate projects that have put the city in the global spotlight. World renowned architects, designers, and famous brands, have been sought to create some of the most luxurious homes and condos Miami has ever seen. Among the list of lavish and opulent residences are Paraiso Bayviews, The Surf Club Four Seasons, and Casa Playa; all of which are setting a new standard for luxury living in Miami. CASA PLAYA Located just 15 minutes north of The Four Seasons Surf Club is Casa Playa, the single-family mansion and private oceanfront retreat, in the prestigious Golden Beach neighborhood. Miami Golden, the developer behind Casa Playa recently held a private event for prospective buyers to get a glimpse of the home being built at 699 Ocean Boulevard. When complete, Casa Playa will have an impressive 8 bedrooms, 12 bathrooms, access to a private beach, 6,000 square feet of terraces, 5,000-square foot home spa and fitness level, a home theater, a lap pool with a waterfall, a safe room, and numerous spa pools. A drawing room with a hidden staircase and staff quarters with a separate entrance are just a few additional highlights. The home is currently on the market for a staggering $36 million. One of the most important things to note about this property is its green factor. Casa Playa was designed by Chad Oppenheim who is known within the industry for his socially and environmentally conscious architecture. The temperature-controlled retreat has an energy-efficient green rooftop and a three story exterior ecowall that will feature 25 different plant species growing around a spiral staircase. Casa Playa is located at 699 Ocean Blvd, Golden Beach, FL For more information, please visit http://miamigolden.com/properties/699/ THE SURF CLUB FOUR SEASONS HOTEL & RESIDENCES Across the bay in Surfside, the Miami-based private real estate investment company Fort Capital, has joined forces with the Four Seasons to develop The Surf Club Four Seasons Hotel & Residences. Located at 9011 Collins Avenue, The Surf Club Four Seasons is a luxury residential and hotel development project currently under construction on nine acres of ocean front property. The development is preserving the landmark Surf Club, which was designed by Russell Pancoast in the 1930s. For the past 80 years, the club’s old world charm and glamorous interior made it one of the most exclusive clubs in Miami Beach. Architect Richard Meier, a Pritzker Prize winner, is embracing that history as he creates modern new additions. When the building is complete, there will be two transparent 12 story residential towers, a private membership club, two restaurants, four swimming pools, a state-of-the-art spa and fi tness center, more than 40 beach cabanas, and an expansive park and ocean-side gardens. The residences comprise 157 homes, including 12 penthouses with incredible views of the Atlantic Ocean and Downtown. The units will range in size from 1,800 to 7,800 square feet with floor to ceiling glass walls and up to twenty-foot-high ceilings. The smooth “lift and glide” terrace doors lead residents to large terraces and uninterrupted views of the Atlantic Ocean. Select rooftop residences have private swimming pools, atriums with private indoor courtyards, and outdoor showers and kitchens. Though all the units are being constructed with exceptional quality, the 12 penthouses are distinguished by their extraordinary design. They range in size from, 5,400 to 7,500 square feet with a vast amount of private outdoor entertaining and recreational areas. Rooftop gardens, private swimming pools, outdoor living and dining rooms, and private beachfront cabanas are just some of the extra perks. The Surf Club Four Seasons Hotel & Residences is located at 9011 Collins Ave, Surfside, FL 33154 For more information, please visit www.thesurfclub.com PARAISO BAYVIEWS 50 years ago, the Edgewater community, which begins just north of the Omni, was a vibrant neighborhood until it came into hard times in the 1990’s. Today, the neighborhood has found a new identity and has become a hot commodity for real estate. Paraiso Bayviews is the latest addition to Edgewater’s new luxury Paraiso Bay compound, a high-end development project being built by The Related Group. This building and its sister towers are credited for helping infuse new life in the Edgewater area and has become an attractive option for buyers looking for a resort-style environment. In a city dominated by million dollar condos, Paraiso Bayviews is garnering a lot of attention for its affordable prices which start at $340K. However, there are no sacrifices in amenities. Boasting 44 stories and 396 units, the building has a very contemporary architectural design that’s showcased throughout the property. There are lush gardens, outdoor lounge areas, and marina and boat slips. In addition to an onsite restaurant managed by chef Michael Schwartz, residents will also enjoy a private theater, fi tness center, rooftop pool, a tennis court, and much more; all with 1,000 feet of Biscayne Bay waterfront as the backdrop. Each unit is move-in ready and showcases nine foot ceilings, spacious terraces, floor to ceiling resistant glass panels, and modern appliance packages. The project’s international interior and industrial designer Karim Rashid is recognized as one of the most important industrial designers of our time and evolved his trademark colors and bold shapes for a softer more natural approach to the project. Paraiso Bayviews is located at 600 NE 31st Street, Miami, FL 33137 For more information, please visit www.paraisobayviews.com If these three trending residential projects are any indication, it has never been a better time to explore Miami’s flourishing real estate market scene. From more affordable options to the double digit millions, Paraiso Bayviews, The Surf Club Four Seasons Hotel & Residences, and Casa Playa, all showcase just how great Miami luxury living can be.

Business, News & Entertainment, The Issue

Is Miami The New Capital of Entertainment?

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An interview with City of Miami Mayor Tomás Regalado on the future of entertainment in his jurisdiction. By Craig K. Skilling / Photographed by Imani Ogden On a sunny South Florida day, in his Coconut Grove office with a view fit for a mayor overlooking Biscayne Bay, Miami’s outspoken government official, City of Miami Mayor Tomás Regalado sits with MSM to discuss the future of entertainment in his jurisdiction. “I don’t agree that (Las) Vegas is the only place for entertainment. Miami has its own niche in terms of entertainment,” says Mayor Tomás Regalado. “Miami I think is the capitol of entertainment for the Latin community,” says the mayor. The mayor’s Film & Cultural Affairs Administrator Vicente “Vinnie” Betancourt, also present in the room, mentions that Frank Sinatra, Sammy Davis Jr. and the entire Rat Pack had an impact on live entertainment in Miami and South Beach before taking their talents to the Las Vegas strip. Many from around the globe are familiar with the major electronic music festival that takes place annually called Ultra. It’s been approximately fifteen year’s since the festival’s modest inception on ocean drive in south beach. This past year in downtown Miami the internationally recognized dance festival that coincides with college spring break, brought in well over a quarter of a million dollars in revenue to the City of Miami economy but was faced with controversy and several complaints by downtown Miami residents. The mayor says he has been very clear on his position and that “the Ultra music festival organizers will need to be safer moving forward or risk being moved from their downtown location.” “This will be the last test because you cannot afford the various problems in downtown, an area that boasts 13,000 residents in the Ultra area alone. These are residents of downtown who are very marketing oriented in terms of attending our local sport venues, museums, the (Adrienne) Arsht Center. These are people who are mostly professionals or retired professionals and they want a quality of life that they demand from us which is why they pay so much taxes,” says the mayor. When asked why Ultra is returning to downtown Miami for another year since he feels so strongly about moving the festival out of downtown, he responded by saying, “The mayor and commissioner do not vote.” The city commission voted to give them (Ultra) another chance and there was nothing we could do.” He then stated, “Hopefully they come back ready because some people died and when people die that is a game changer.” When asked if there was ever a formal plan put into place to spawn the rapid growth of entertainment in Miami as a whole, he responded by saying, “We never had a plan for entertainment. Everything has been market driven. The success of our professional (basketball) team the Miami Heat, the Arsht Center, Wynwood galleries, second Saturdays of the month where 30,000 people walk the same streets of Wynwood, would not have happened six years ago due to crime but is all happening and thriving today due to the people driving the market,” states the mayor. The mayor explained that the entertainment district, Parkwest, was approved for nightclubs to be open twenty four hours a day and how the city approved and facilitated the bid for the business improvement district. “Basically, property owners pay more taxes but use the tax increment as they wish not as the government wishes,” explains the mayor. The incentive has been made evident in Wynwood and Coconut Grove where entertainment and business has expanded. Again the mayor points out that everything that happens is truly market driven. The one area that some City of Miami residents still have a concern for is public safety. There have been reports that the City of Miami police department is being downsized and has several vacant positions to fill upon budget approval. The mayor admits that “what has to happen is to take public safety to a higher level and make it impossible for criminals to be downtown with this rapid growth taking place.” Some South Florida and downtown residents specifically may recall a time when the homeless would flood the downtown streets panhandling. When the mayor was asked, How did you handle this? he replied by saying, “compassion but not tolerance”. “The City of Miami went to court to change a mandate that was done by the Federal court many years ago and are getting ready to move the homeless and take them to shelters to clear out the area completely, even by force (if necessary),” the mayor explains. The mayor mentions he is very excited about the sci- ence museum downtown that will bring more people to the area especially families. This is a big initiative for Mayor Regalado and he envisions over 100,000 students and children visiting the area and museum over the next school year. “The vision is for Downtown Miami to be an educational and festive entertainment center highlighted by a museum park, the Adrienne Arsht Center, sport- ing events and concerts,” explains the mayor. The mayor stated that Miami has its very own Walk of Fame. It is located in the heart of downtown Miami, at the Bayside Market place which is the number one tourist attraction with over 20 million visitors throughout the year. They recently hosted the inaugural Brito designed Walk of Fame celebration this past spring for inductees including the Rio 2 film, along with Academy and Grammy award winning actor, singer and songwriter Jamie Foxx and actor and Miamian Andy Garcia. The official Miami Walk of Fame will continue to honor those who have contributed to the charisma, worldwide prominence and name recognition of Miami through film/television, music, sports or honorary means. The mayor says, “The film industry looks at Miami as an important place to be with our colorful sites, beautiful weather and more. It is sad that the Florida State government does not facilitate and provide more benefits. We facilitate issuing over seven hundred permits per year along with supporting the Miami Dade

MSM Online, Real Estate

Miami Real Estyle – Patricia Delinois, Miami’s Luxury Real Estate Messiah

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With a long-standing list of accomplishments and her sultry, chocolate locks, real estate tycoon, Patricia Delinois, President & CEO of Century 21 Premier Elite Reality, makes sure to get what she wants – and visibly deserves. This Luxury Real Estate Messiah and NBCUniversal Style Network star, staked her claim to fame long before Andy Cohen and pernicious catfights. For the award winning broker, seamlessly globalizing the 305’s real-estate market, while helming 175 agents deemed a lucrative cakewalk to the philanthropic enthusiast. Although a fluent speaker in three languages – French, Spanish, and English – the property powerhouse fancies one language in particular – selling; she fills us in on her landholdings hypnosis that has foreign affairs and local buyers alike, buzzing. MSM: Did the credit crisis of 2008 have a significant impact on your business and ability to sell homes? In 2008 we had over 46,000 properties available for sale on the market. Clients were asking for rentals, rentals, rentals!! Prices kept dropping and real estate offices were closing. Banks were not lending, mortgage brokers were all closing their companies. It was a very sad, difficult time and a tough process to get anything sold! MSM: What makes Century 21 Premier Elite Realty successful? At the end of 2011 we noticed that sales were up 4 percent from 2005 which was the boom year. A shift was beginning. This shift we were experiencing was due to the foreign buyer. Miami was suddenly on everyone’s radar. The Wall Street Journal named us the “new global city” 62 percent of the buyers now buying in Miami are foreign buyers and 90 percent of those buyers are buying cash. What makes our company different is we are an international company. We focus on foreign clients from all over the world. 48 percent of the business done by Century 21 is outside of the US. We are the most recognized real estate brand in the world. We also are the only real estate company to have an inter-office MLS, providing access for all of our agents and clients to listings from all of our offices around the world through our global MLS website Century21global.com. MSM: Describe your average client profile in the Miami market. Are they in the market to invest or to live in the property? The average Miami buyer is either from one of the large northern cities like New York, Chicago, Boston and Washington DC or they come from other countries in Europe, Asia and South America. We currently have a lot of traffic from Brazil, Argentina, Venezuela, France, Columbia and a considerable number of buyers from Canada, Mexico, Russia and China. They want to invest in properties in Miami for security, safety, political, and financial reasons. Most foreign buyers feel more comfortable investing money in Miami than in their own country. They also see the incredible potential in appreciation as this city is transforming at an extremely rapid pace. Many buyers come to invest in America, but others purchase their properties as full or part time homes. MSM: How is the Miami luxury real estate market rebounding since the 2008 housing crash and where do you project pricing trends to move over the next 2 years? Wealthy buyers love the international feel that Miami provides along with sunny weather, gorgeous beaches, thriving nightlife, glamour, entertainment and global business opportunities. They find our per sq. ft. prices much lower than in their own cities and want to own a second or even third residence in Miami. The demand for luxury properties has been fueling the construction and price growth. Miami is a city that is being compared to cities like New York, LA or Paris but we really are still a very new young city with tremendous growth potential. We are quickly becoming a world class city, attracting global attention and boosting real estate price appreciation. We are looking forward to a very strong healthy real estate market in the next years to come. MSM: Are you showing more condos or houses? Both have a strong demand right now depending on the clients lifestyle. MSM: What do you see as the hottest growing part of Miami right now? We have had our third consecutive record sales year and two years of double digit price appreciation. Miami real estate is booming from affordable housing to luxury properties and this is just the beginning. Prices are still around our 2004 pre boom prices and with the combination of very low interest rates we are offering a perfect buying opportunity. Miami is not large. We have the Everglades on one side and the Atlantic on the other side combine that with the increasing population and strong buying demand is making most of Miami real estate attractive everywhere! Currently we are still seeing tremendous growth downtown, in the Brickell area, and all along the Biscayne corridor. The Wynwood area, Doral area and the Design District. In addition there is tremendous growth in Coral Gables, Coconut Grove and all over Miami Beach. Miami has that international appeal keeping our residential and commercial real estate market hot for years to come!   1643 Brickell Ave #3102 The hottest buy on Brickell. In one of the most prestigious buildings in Miami the Santa Maria This is a fabulous two story residence in the sky. Priced at $5,900,000 3467 N Moorings Way Coconut Grove Florida Stunning Moorings Estate. For the distinguished buyer who appreciates the arts, enjoys a waterfront lifestyle and requires the ultimate in privacy and security, this exquisite 1929 DeGarmo, is located in the most coveted, guard-gated Coconut Grove neighborhood, The Moorings. Designed by renowned architect Walter DeGarmo, this magical and romantic, walled and gated estate has been lovingly restored to its original splendor. Magnificent finishes and décor exemplify the grandeur and old world charm that you would expect of one of the most beautiful properties in all of South Florida. A masterpiece of Mediterranean inspired architecture, it is surrounded by the most enchanting courtyards, incredible landscape, beautiful gardens and loggia lined patios, all on the water’s edge.Priced at $8,950,000 Click here

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