May 9, 2016 | Modern Luxury
The Miami of today isn’t just for the transplanted senior set. Rather, the city’s growing intellectual elite recognize they need not suffer another godforsaken winter when sunshine is a 2 ½-hour flight away. Thanks to a flourishing financial sector, restaurant and nightlife hub, modern art scene, tech startups and a mecca for some seriously sexy starchitecture (from Renzo piano and Cesar Pelli to Herzog and de Meuron), young professionals, new families, financial types and creative are being seduced by the Magic City. And that’s without mention of Florida’s zero percent personal income tax.
Just how big is the city’s real estate game? “I know five people between the ages of 28 and 35 who relocated to Miami,” says broker Susie Glass of Douglas Elliman. “The past few years of terrible snowstorms sealed the deal. The quality of life is better when it comes to space and privacy, and for less money.” David Martin, one part of the father-son Terra Group development team, agrees: “In the past 15 years, the city really improved infrastructurewise, which reflects quality of life. It’s not just a drink tank-it’s now a think tank”
An explosion in art and culture has also helped growth immensely. “People still recall the Miami of the ‘50s and ‘60s-grandmas rocking in front of the old hotels,” says real estate tycoon Richard Lefrak. “Now you have this fantastic amalgamation of art, Latin and Caribbean culture, music and sport teams attached to a great beach resort. There’s nothing like it to this extent in the U.S.” Echoing the sentiment is Miami’s own Brett Ratner, the Hollywood director and producer who grew up in Little Havana. “Miami has changed tremendously since I was a kid; not just because of the development, but because of the art,” he says. “I knew every single person in Miami Beach, and now I don’t recognize anyone. That’s exciting.”
Ready to donate your winterwear and relocate South? You’ll be a big fish in a small pond soon enough, says Elliman’s Glass. “In Miami, you can become fairly successful in a hurry if you’re smart and driven because it’s a young city. There’s not a lot of old money or talent that’s been here long.
October 20, 2017 | Modern Luxury
March 27, 2020 | Modern Luxury
By Anetta Nowosielska | March 27, 2020 | Home & Real Estate
The game-changing Eighty Seven Park anchors a luxury-minded direction for North Miami Beach real estate.
Located at the northern edge of Miami Beach where North Shore Park meets the ocean, Eighty Seven Park by Renzo Piano Building Workshop is ushering in a new beginning for the area. Created in collaboration with RDAI, a Parisian architectural studio, and Rotterdam-based urban and landscape design firm West 8, the project’s fluid aesthetics blur the line between whimsy and craftsmanship.
“The language we wanted to use for Eighty Seven Park is the language of lightness, a sense of a lack of gravity,” says Piano. “When I look at how the glass and suspended decks of the building appear to float and how they catch the sun and the light of the ocean, it’s fantastic.”
To achieve this illusion of an effortless suspension, the beachfront building relied on cantilevered architecture, and a strong faith in developer Terra’s mission. “We have always strived to construct projects that will have a positive impact on their surroundings and, by extension, the people who live there,” says Terra President David Martin, who, in conjunction with Bizzi & Partners Development, developed the project. “Eighty Seven Park is no exception.”
Comprised of 68 residences ranging from one to five bedrooms ($2 million to $11.5 million) plus a penthouse (price upon request), each unit offers expansive floor plans, wraparound terraces and floor-to-ceiling windows with custom sunken frames. Eighty Seven Park’s world-class amenities include an around-the-clock concierge and butler service, on-staff botanist, an Enoteca wine bar with sommelier and wine storage, two swimming pools with a series of cabanas, another bar serving freshly made juices, smoothies and salads, and a state-of-the-art gym, relaxation spa with hammam, sauna and steam rooms. The pièce de résistance? A 2-acre, residents-only private park with terraces, gardens, lounges and sculptures, as well as a pavilion for cultural and social gatherings.
“What Renzo Piano Building Workshop created here is something that I think is a landmark for this last portion of Miami Beach,” adds Martin. “It really gives a lot of dignity and pride to the community.” Sales center: 8701 Collins Ave., Miami Beach, 305.834.4999
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