REAL ESTATE MIAMI

March 1, 2020   |   South Florida Luxury

In an effort to attract buyers and distinguish their communities from the competition, condominium developers are including full slates of amenities in their projects, from pools and state-of-the-art fitness centers to dog parks, parcel lockers, demonstration kitchens and electric car-charging stations. Increasingly, developers are also incorporating—and paying for—amenities that benefit the public at large, such as ground-floor retail and restaurant space, parks and plazas. By attracting additional people to their buildings, these developers help to create a sense of community and bring vibrancy to the neighborhood.

Miami-based development firm Terra is doing just that at its Eighty Seven Park project, a boutique 66-unit building featuring a private 2-acre garden where residents can escape and enjoy reflection ponds, meditation space, a yoga deck and a pavilion for social occasions.

But in addition to these residents-only features, Terra also donated $10 million to the City of Miami Beach and enlisted renowned Dutch landscape architecture firm West 8 to redesign the 35-acre North Shore Open Space Park. The redesign focuses on looping paths around existing clusters of coconut palms and sea grapes, opening view corridors to the ocean, creating spaces for families to gather and reintroducing clear entry points to the park. A new boardwalk of permeable pavers will also connect North Beach to South Beach so the public will be able to walk, jog, bike or skate all the way down to South of Fifth.