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Terra Group

Business, Living, MSM Online, Real Estate, The Issue

Monica Venegas – Featured Power Broker of Miami’s Luxury Real Estate

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By Angela Betancourt Photography by Korey Davis It’s hard to deny that Miami is experiencing a boom in the ultra luxury real estate market. This year the Wealth Report, issued by the London-based real estate consultancy firm Knight Frank, placed Miami in sixth place of the most important global cities for the wealthy. The demand for the Miami lifestyle and its growing influence on the world stage is attracting wealthy buyers and investors seeking the best money can buy. At the forefront of this growth is the Venegas International Group, a Miami-based international boutique real estate company that specializes in luxury acquisitions, project development, marketing, and property management services. Venegas International Group also provides guidance on risk assessments and portfolio diversification. The company was founded by real estate power house Monica Venegas who has spent the last 20 years successfully connecting real estate investors with high-end residential properties. Venegas has worked with high-profile developers in South Florida including the Terra Group, the Related Group, Millennium Partners, and the Château Group. Additionally, she’s offered pre-construction access to iconic buildings like Portofino Tower, Murano at Portofino, Icon South Beach, 900 Biscayne Bay, Trump Hollywood, Four Seasons, Château Beach, and Fendi Château Residences, among others. Her expertise in luxury residential, commercial, and international real estate has resulted in more than $3 billion in sales. “International buyers come to Miami looking for a lifestyle, and price is not the main factor,” said Venegas. “Rather, branded developments with service, design, amenities and location are the components that drive these elite buyers most. They want to know who is behind the project.” Most recently, Venegas International Group was entrusted with the launch, marketing, and sales of the new Fendi Château Residences in Surfside, which is slated to be completed for the summer of 2016. Venegas reports that the condominium is already 90% sold as of July. This much-anticipated project is the fashion house’s first luxury branded real estate property in the world. Its extravagant units range from $7 million to $25 million. “Fendi Château is the first Fendi Residences worldwide. It’s a boutique building with 58 flow-through private residences in 300-lineal feet of ocean front.” When complete, residents will enjoy amenities such as an attaché lifestyle with white glove service, amenities such as a private restaurant, kids club, screening room, a spa with an indoor European thermal pool, doorman, and much more. Venegas International Group was also responsible for the sold out Château Beach Residences in Sunny Isles Beach. This stunning 33-story ocean front property has 84 units priced from $1.5 million up to $25 million for the 9,050 sq ft, two-story penthouses. Some of the post amenities include a wine lounge, cigar bar, and indoor and outdoor wellness facility, and a private swimming pool. She has been part of the success of these two properties, consulting developers with her expertise in the marketing and sales of developments. With this, the success of these two properties doesn’t really come as a surprise to Venegas. She has seen Miami’s real estate market evolve over the years. “I’ve been a part of Miami’s history. Miami was once a small town and now it’s a cosmopolitan city on the world’s radar,” said Venegas. “As a result, Miami has become one of the fastest growing real estate markets in the world and there is an increasing number of clientele looking for the high-end lifestyle.” Thus, the Venegas International Group has worked hard to expand its global presence to meet the demands of international investors from new markets. “Europe used to be a strong market. Now the Middle East and Asia, especially China, are the markets that are most looking to invest in both residential and commercial real estate. Over the past seven years, we’ve paid a lot of attention to those markets. I have a very strong commitment with the Chinese particularly in Beijing and Shanghai. I go there 3-4 times a year,” she said. Over the course of the next several years, Venegas International Group plans to continue building a strong presence in China and further expand their services into new markets. Locally, the firm has expanded their services with the recent launch of their Sports, Arts, & Entertainment Division and partnership with tennis marketing company Premier Tennis. The two new ventures further cements Venegas International Group as an industry leader in Miami and the world. Venegas International Group Is located at 888 Biscayne Blvd, Suite 111, Miami, FL 33132 (786) 567-4122 For more information on Venegas International Group, please visit www.venegasinternationalgroup.com Click here to view this post in the September/October 2015 digital issue Click here to view the online issue

Business, Digital Edition, The Issue

How Coconut Grove Got Its Groove Back

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By Ernesto Poblacion Feature Image Photographed by Alex Medina On Thursday, March 5th, Coconut Grove residents from all corners of the city gathered at The Residences at Park Grove to witness a historical moment. The city’s most influential locals got together to discuss the future of Miami’s oldest and dearest neighborhood. The panelists included owners of businesses of which helped the city flourish with their ever-growing companies. Among them were Büro Urban Workspaces owner, Michael Feinstein, Herman Bredemeier of H & H Jewels, and Arquitectonica’s Raymond Fort. Naturally, these successful business owners of Coconut Grove gathered at the city’s latest talk of the town: The Residences at Park Grove. They were very excited to share what they believe is next for their beloved city. Led by Carlos Rosso of The Related Group and David Martin of Terra Group, the discussion began with shared stories of their past and present with the city. They shared intimate stories of the beginnings of their companies and how their love for the Grove has grown over the years. Like most business leaders, their stories began with nothing but a dream. Presently, they were excited to share how their dreams flourished and continue to grow. Some of the inspiring stories included those moving to Miami on short notices and eventually building their lives here. Most of these movers and shakers grew up outside of the city and admit to being unable to imagine themselves living elsewhere. Although Miami Beach has always been the center of attention for tourists (even locals), the true heart of Miami is making its comeback in a big way. And, we can thank all of these business owners for helping the city flourish but it’s the people who keep coming back and who bring life to the Magic City. For more information on The Residences at Park Grove, please visit www.park-grove.com

Living, Luxury, Real Estate, The Issue

The Residences at Park Grove

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By Angela Betancourt For the past several years there has been a lot of excitement about new residential and mix-use developments being built across Miami-Dade County. Brickell and Miami Beach often steal the spotlight with their billion dollar projects, luxury new residences, and all the opulent amenities that come along with them. However, there are several other neighborhoods experiencing their own share of new development projects, among them is Coconut Grove. This historical area is one of Miami’s oldest and most charming neighborhoods. Dating back to 1925, Coconut Grove is known for its parks and gardens, hammock trees, art festivals, shopping, and historical landmarks. Coconut Grove is located approximately 10-15 minutes from Brickell, yet this proximity has not had an effect on this neighborhood’s unique identity. These characteristics were part of what caught the attention of the Terra Group and The Related Group. The two powerhouse developers have joined forces for the first time to create The Residences at Park Grove on a 5.2 acre property directly across from Biscayne Bay. The architecture is led by OMA and Rem Koolhaas in collaboration with kitchen and bath designer William Sofield, and Enea Landscape Architecture. The project masterminds recently came together for a design talk event to showcase building renderings and discuss the vision behind the design. A crowd of 250 top-tier brokers, buyers and tastemakers gathered to hear legendary architect Shohei Shigematsu from OMA and famed landscape designer Enzo Enea, dis- cuss the past and future of Coconut Grove as well as their take on new trends in residential architecture and how they perceive design and development in Miami. Both Shigematsu and Enea revealed how their designs look at urbanism and historical elements specific to the Grove’s existing climate and culture; and their in- tentions to “elevate” Coconut Grove while honoring its historical elements. The hour-long discussion was moderated by Ted Loos, a design expert and regular contributor of Architectural Digest and hosted by co-developers of the property: David Martin, President of Terra Group and Carlos Rosso, President of Condo Development The Related Group. The Residences at Park Grove is set for completion in late 2016. The units will range between 2,500 to 3,500 square feet. Glass walls will give residents end- less views of the marina and Biscayne Bay as well as an abundance of natural light. From the expansive balco- nies, spacious living areas, airy dining rooms, and fully equipped kitchens, the designers did not cut any cor- ners. In addition to amenities that rival those found at any world class luxury resort, Park Grove will also have a private rooftop pool deck with views of the city. The meticulous attention to detail extends beyond the individual residents and out into the buildings two- acre sculpture park where Enea set out to create a se- rene and lush garden for residents to enjoy. The Residences at Park Grove will increasingly draw more attention as it unfolds in one of Miami’s most established neighborhoods; bringing in new elements and establishing roots of its own. Photography Courtesy of THE RELATED GROUP AND TERRA GROUP Click here to view post on the January/February 2015 issue.

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