BACK TO NEWS January 28, 2025 Avenia by FENDI Casa Introduces Elegant Waterfront Living in Aventura Avenia by FENDI Casa has officially made its grand entrance into the world of luxury real estate, promising to transform waterfront living in Aventura, Florida. This exclusive collection of just 22 residences brings FENDI Casa’s unparalleled Italian craftsmanship to the vibrant coastal landscapes of South Florida. Nestled along Aventura’s scenic canals, renowned golf courses, and the shimmering Atlantic coastline, Avenia is an embodiment of elegance, sophistication, and modern luxury. This prestigious project, a collaborative effort between FENDI Casa and Vertical Developments, aims to redefine what it means to live luxuriously. Each residence, meticulously designed, offers expansive indoor and outdoor spaces that perfectly complement the captivating surroundings. With a focus on privacy, exclusivity, and high-end design, Avenia is destined to become a landmark for discerning buyers seeking a refined lifestyle. Photo Credit: Avenia Interiors Fernando de Nuñez y Lugones, CEO and Partner at Vertical Developments, expressed excitement about this groundbreaking venture, emphasizing its unique appeal. He highlighted how the project seamlessly integrates luxury living with the natural beauty of Aventura. From curated amenity spaces and walkability to breathtaking views of waterways and golf courses, Avenia elevates the boutique living experience to unparalleled heights. According to him, this development will set a new standard for exclusivity in the region. The interiors of Avenia have been masterfully curated by FENDI Casa in collaboration with The One Atelier, ensuring that every detail reflects the brand’s distinctive aesthetic. The lobby, a stunning entry point, showcases statement pieces from FENDI Casa’s latest collections. Anchored by the plush FENDI Casa Welcome! sofa, the space exudes character and sophistication. Complementing this centerpiece are the S’mores ottoman, Bottini side table, and Metropolis coffee table, crafted entirely in steel, creating a harmonious blend of elegance and contemporary design. Photo Credit: Avenia Interiors Alberto da Passano, CEO of FENDI Casa, sees Avenia as a significant milestone for the brand, further establishing its reputation in luxury interior design. He noted the meticulous attention to detail that defines each residence, seamlessly integrating FENDI Casa’s timeless allure with the natural beauty of its surroundings. With its contemporary Italian mastery, Avenia is poised to set a new benchmark for refined living in the Aventura community. The residences themselves are an exquisite reflection of FENDI Casa’s commitment to excellence. Available in three- and four-bedroom layouts, the homes span approximately 3,500 square feet, offering an abundance of space and light. High ceilings, arched and curved architectural elements, fine wood paneling, and travertine finishes create a sophisticated yet warm ambiance. Each element has been thoughtfully designed to reflect the Maison’s iconic style, ensuring every corner exudes timeless elegance. Primary suites are a sanctuary of comfort, featuring custom FENDI Casa walk-in closets and spa-inspired bathrooms. Dedicated offices or dens cater to modern needs, while kitchens adorned with quartz countertops and signature FENDI Casa cabinetry combine elegance with practicality. Photo Credit: Avenia Interiors Smart home technology, designer finishes, and private elevator lobbies further elevate the living experience, making Avenia a true haven of luxury. The architectural vision for Avenia, led by the globally renowned Kobi Karp, emphasizes sustainability and environmental consciousness. Complemented by lush landscaping from L&ND Design, the project incorporates approximately 50,000 square feet of greenery, including a linear park and a vertical garden. Aiming for LEED-Silver certification, Avenia underscores a commitment to sustainability without compromising on luxury. Residents will have access to an array of world-class amenities designed to enhance their lifestyle. The ground-level lobby, a gateway to the marina and library, sets the tone for sophistication. The fourth-floor Mezzo level offers state-of-the-art fitness and relaxation facilities, including a gym, yoga and Pilates studios, and a luxurious spa with sauna and steam suites. Photo Credit: Avenia Interiors Entertainment options abound with a games room, complete with card tables, billiards, a top-tier bar, and a grand salon for private events. The rooftop is a sanctuary of relaxation, featuring a resort-style pool, private cabanas, and expansive lounge areas with breathtaking views. Avenia’s expected completion in the first half of 2027 ensures ample time for discerning buyers to secure their place in this exclusive community. Appointments for private consultations are now available, offering prospective residents an opportunity to explore the unparalleled lifestyle that Avenia promises. Source: whauteresidence.com Explore and Assess Investment Opportunities Tap into our expertise, connect with our team today By subscribing you are agreeing to Vertical Developments Privacy Policy. You can unsubscribe from Vertical Developments, LLC. emails at any time by clicking the “Manage your Subscriptions” link in any of your emails.

BACK TO NEWS January 28, 2025 WRE News: Avenia Interiors by FENDI Casa Unveils Waterfront Luxury Residences in Aventura Fort Lauderdale, FL – October 31, 2024 – RIVA Residences Ft Lauderdale, a collaboration between developers WellDuo, VERTICAL DEVELOPMENTS, and GCF Development, along with iconic yacht maker Riva Yacht, will introduce 36 exclusive residences along Fort Lauderdale Beach’s Marina District. With prices starting at $3.5 million, this 20-story, yacht-branded development includes a private marina, spacious three- to six-bedroom homes, and panoramic views of the Intracoastal Waterway and ocean. Architecture by the acclaimed Arquitectonica and yacht-inspired interiors by designer Giuseppina Arena Architecture & Design give Riva Residenze its signature, refined aesthetic. Residents will enjoy high-end amenities, including private elevators, customizable Italian kitchens, a wellness center, and a stunning SkyDeck with yacht-like views, infinity pool, and cabanas. The community also offers marina access for yachts up to 65 feet, a curated art gallery, concierge services, and an array of relaxation spaces. Source: worldredeye.com Explore and Assess Investment Opportunities Tap into our expertise, connect with our team today By subscribing you are agreeing to Vertical Developments Privacy Policy. You can unsubscribe from Vertical Developments, LLC. emails at any time by clicking the “Manage your Subscriptions” link in any of your emails.

BACK TO NEWS January 28, 2025 Fendi Casa Luxury Condo Coming to South Florida by Martino Carrera MILAN — Fendi is doubling down on luxury real estate with a new residential project in Aventura, Fla. Called Avenia and created in partnership with real estate firm Vertical Developments, the waterfront luxury complex is to include 22 residences overlooking Southern Florida’s coasts. It is expected to be completed by the first half of 2027. “This project represents an important new chapter for Fendi Casa in the realm of interior design. As prestigious projects gain prominence globally, we are thrilled to contribute to this development, bringing our unique blend of Italian mastery and everlasting contemporary allure to Aventura, Fla.,” said Alberto da Passano, chief executive officer of Fendi Casa. “Each detail at Avenia has been curated with meticulous attention to create an environment that reflects the essence of Fendi Casa, seamlessly integrated into the beauty of its natural backdrop. We look forward to setting a new benchmark for refined living in this exceptional community.” The Avenia Interiors by Fendi Casa apartments in Aventura, Fla. condo in Aventura, Fla. The complex’s architectural project was led by Miami-based firm Kobi Karp and landscaping design company L&ND Design, which included 50,000 square feet of greenery split between a linear park and an exterior vertical garden. Avenia has applied for the LEED-Silver certification. The residential units were designed in collaboration with The One Atelier. The apartments span from 3,500 square feet and are defined by sinuous and arched architectural elements as well as materials including wood paneling, travertine stone and quartz for kitchen countertops. The luxury residential units, featuring three to four bedrooms each, walk-in closets and spa bathrooms, are equipped with smart home technologies. The price tag for units starts at $5 million and includes access to a range of amenities such as a library, a fitness center complete with a Pilates and yoga studio, spa center, game room, salon for private events, as well as access to the marina. The complex’s rooftop boasts a pool and private cabanas. The master bedroom inside the Avenia Interiors by Fendi Casa apartments in Aventura, Fla. “We are excited to collaborate with Fendi Casa to bring forth a project that redefines modern luxurious living with expansive indoor and outdoor spaces in Aventura, Fla.,” said Fernando de Nuñez y Lugones, CEO and partner at Vertical Developments. The firm has also recently partnered with the Armani Group alongside other local real estate developers for the creation of the oceanfront Armani/Casa Residences Pompano Beach, also in South Florida. “Our partnership brings forth a one-of-a-kind lifestyle that captures the essence of the project’s sophisticated surroundings — the curation of the amenity areas, walkability to key points of interest, the reflective waters, generous marina slips and the golf course views — elevating the boutique living lifestyle. We are confident Avenia will be the epitome of exclusivity for Aventura’s discerning buyers,” he said. This is not the first residential project Fendi Casa has spearheaded. Other units include Fendi Private Residences in Crans-Montana, Switzerland, and the Podo Private Residences in Seoul, featuring interior design provided by Fendi Casa in collaboration with architect Dominique Perrault. Last year the Italian brand unveiled the creation of two luxury penthouses crowning the sculptural Jem Private Residences tower in Miami, which marks developer Naftali Group’s debut property in the city. Dubbed Jem Sky Villas and each priced from $8 million, the penthouses are to be completed by the end of 2027. Source: yahoo.com Explore and Assess Investment Opportunities Tap into our expertise, connect with our team today By subscribing you are agreeing to Vertical Developments Privacy Policy. You can unsubscribe from Vertical Developments, LLC. emails at any time by clicking the “Manage your Subscriptions” link in any of your emails.

BACK TO NEWS January 28, 2025 WRE News: Avenia Interiors by FENDI Casa Unveils Waterfront Luxury Residences in Aventura Aventura, FL – January 17, 2025 – Avenia Interiors by Fendi Casa, a prestigious new collection of 22 luxury residences, brings the renowned Italian design house’s signature craftsmanship to Aventura, Florida. Nestled along scenic canals with views of the Atlantic and renowned golf courses, Avenia offers an unparalleled blend of elegance and exclusivity, redefining modern waterfront living. Each three- and four-bedroom residence, designed by FENDI Casa in collaboration with The One Atelier and architect Kobi Karp, features bespoke interiors, soaring ceilings, and refined finishes, complemented by cutting-edge smart home technology. World-class amenities include a marina lounge, resort-style rooftop pool, and spa-inspired wellness spaces. With LEED-Silver certification and a focus on sustainability, Avenia sets a new standard for luxury living in South Florida. Source: worldredeye.com Explore and Assess Investment Opportunities Tap into our expertise, connect with our team today By subscribing you are agreeing to Vertical Developments Privacy Policy. You can unsubscribe from Vertical Developments, LLC. emails at any time by clicking the “Manage your Subscriptions” link in any of your emails.

BACK TO NEWS January 28, 2025 Yacht Brand Riva Will Debut The World’s First Yacht-Branded Condo by Emma Reynolds Luxury branded residences are growing by the minute, with brands from even the most unexpected categories entering the luxury residential market. It comes as no surprise that storied hospitality brands, such as Four Seasons, Ritz-Carlton, Raffles, and St. Regis, are dominating the category across the globe, but many non-hotel brands are also finding great success. For the luxury consumer, a branded residence indicates an assurance when it comes to service, amenities, and design. More than a logo, these branded residences are the pinnacle of luxury living for brand loyalists and those seeking a similar community. Unexpected brands like Major Food Group, Bulgari, Porsche, Cipriani, Nobu, Dolce & Gabbana, and even ELLE Magazine have entered the market. Miami and Dubai—both international and cosmopolitan markets—have enticed many brands, especially as test markets, for their global demographic and luxury appeal. It comes as no surprise, then, that a globally renowned yacht company would also try its hand at a residential real estate project. A yacht is not so different from a luxury residence when it comes to design, craftsmanship, and the overall living experience. A small subset of the ultra-wealthy population split their time between their yacht and their luxury home. Each is a personal sanctuary that defines your taste and lifestyle. Now, you can get a taste of the yacht lifestyle in a real estate building with the first-ever yacht-branded residence in the world: Riva Residenze. From WellDuo, Vertical Developments, and GCF Developments, Riva Residenze will be located in Fort Lauderdale—a coveted area for luxury homebuyers in South Florida just north of Miami. Italian yacht company Riva dates back to 1832 and is known for its expert craftsmanship and use of fine materials. It’s the oldest and most iconic shipyard in the world, which excels today with cutting-edge technology, performance, style, durability, and elegance. Even if you don’t know the name brand from memory, it’s likely you’ve seen a Riva vessel in iconic movies like James Bond. The Aquarama is arguably the yacht company’s most famous boat and has gained quite a nautical reputation for its sleek aesthetic. For many, the Aquarama is reminiscent of the exclusive shores of Lake Como, Italy and other elite European destinations.   “The Aquarama revolutionized the idea of going on holiday, experiencing the sea, and being exclusive, which established a new benchmark for elegance,” says Alberto Galassi, CEO of Ferretti Group, which owns Riva. “Since then, Riva has been more than a boat brand, representing a world of beauty and style that has inspired design, fashion and lifestyle choices. Riva Residenze takes the brand’s signature aesthetics, including mahogany, steel, the color aquamarine, and timeless styling, into the luxury living sector. The quality and focus on detail that have made Riva famous are unique and universal characteristics that increase the value and appeal of every living space.” Riva Residenze will feature just 36 residences designed by renowned architecture firm Arquitectonica, as well as a private marina nestled between the ocean and the Intracoastal Waterway. The 20-story development encompasses two parcels and boasts 200 feet of linear waterfront. Located at a prestigious address along Harbor Drive, homes within Riva Residenze will face both the ocean and the Intracoastal Waterway, allowing residents full access to the ultimate maritime lifestyle. The homes feature sleek nautical and yacht-inspired design, including curvilinear walls, chrome finishes, and custom leather stitching. Layouts range from two- to six-bedroom residences spanning 2,000 to 4,493 square feet. There will also be two penthouses more than 8,000 square feet. Italian-design kitchens, spa-inspired bathrooms, and sumptuous living spaces will anchor each unit. There will also be 20,000 square feet of amenities, including expansive wellness spaces, including a Pilates studio, yoga, fitness lawn, gym, sauna, and spa; a 75-foot lap pool; and a Sky Lounge with a kitchen, library, private cinema, cigar room, wine room, and media room. There will also be water amenities, like a surf room that acts as the homebase for paddle boarding, kayaking, and more. Source: forbes.com Explore and Assess Investment Opportunities Tap into our expertise, connect with our team today By subscribing you are agreeing to Vertical Developments Privacy Policy. You can unsubscribe from Vertical Developments, LLC. emails at any time by clicking the “Manage your Subscriptions” link in any of your emails.

BACK TO NEWS January 28, 2025 Armani Casa viaja al sur de Florida para construir dos torres de lujo por Claudia Martos Armani/Casa lleva su prestigiosa influencia al sur de Florida con un exclusivo proyecto en Pompano Beach: Armani/Casa Residences. Este desarrollo boutique, el primero de la firma en esta región, contará con 28 apartamentos únicos distribuidos en 19 pisos, diseñados especialmente para fusionar elegancia, minimalismo y sofisticación en un entorno privado y exclusivo. Las dos torres, cuya construcción comenzará a inicios de 2025, ofrecerán un estilo de vida relajado y de alta calidad, con precios que oscilarán entre 5 y 9 millones de dólares. El exclusivo proyecto residencial de Armani en Pompano Beach estará listo en 2028 y promete viviendas de lujo con vistas panorámicas al océano Atlántico. Cada apartamento contará con amplias terrazas con barandillas de vidrio, ventanas de suelo a techo para optimizar la luz natural, y acabados de alta gama. Las cocinas comedor incluirán encimeras de cuarzo, armarios personalizados de Armani/Casa, y por otro lado, las suites principales tendrán vestidores Molteni Dada, bares de medianoche y baños espaciosos. Un diseño exclusivo con una vivienda por piso y vistas de 360 grados resumen la propuesta. Estos exclusivos apartamentos encarnan el lujo minimalista característico de Armani, destacando una paleta de colores monocromática que realza las impresionantes vistas al océano y la ciudad. Este efecto se logra mediante grandes ventanales de suelo a techo y amplias terrazas que maximizan la conexión con el entorno. Entre las zonas comunes, destacan una piscina infinity, cabañas privadas, un restaurante frente al océano, spa y un centro de fitness. Asimismo, habrá hasta salas de cine, clubrooms para eventos y servicios exclusivos como conserjería y seguridad disponibles durante las 24 horas del día. Los residentes están a disposición de un servicio de lujo ya que disfrutarán de aparcamiento privado con estaciones de carga para vehículos eléctricos y hasta tres plazas para los penthouses. Pompano Beach se perfila como un nuevo epicentro del lujo en el sur de Florida, complementando la oferta de marcas como Ritz-Carlton y Waldorf Astoria. La alianza entre Armani y SP Developments refuerza la apuesta por convertir la zona en un destino refinado y exclusivo. El propio Armani ya ha destacado que se trata de “uno de los más exclusivos que he realizado hasta la fecha”, gracias a la inspiración que le generó la “integración entre la arquitectura, el paisaje natural y el océano”. Armani/Casa en Estados Unidos Armani, con más de 20 años en diseño de interiores de alta gama, lidera este proyecto junto a destacados desarrolladores locales. Este será su tercer desarrollo residencial en Estados Unidos, tras los exitosos complejos en Miami y Nueva York. El estudio Armani/Casa también cuenta con experiencia en otros grandes proyectos internacionales en ciudades como Londres, Dubái y Pekín. Source: forbes.es Explore and Assess Investment Opportunities Tap into our expertise, connect with our team today By subscribing you are agreeing to Vertical Developments Privacy Policy. You can unsubscribe from Vertical Developments, LLC. emails at any time by clicking the “Manage your Subscriptions” link in any of your emails.

BACK TO NEWS January 28, 2025 The Armani Group llevará su proyecto de residencias de lujo al sur de Florida The Armani Group acaba de anunciar el desarrollo de un proyecto de 28 residencias de lujo en Pompano Beach, con precios a partir de los 5 millones de dólares. Por Ale Castillo  The Armani Group está decidido a conquistar el mundo residencial de lujo y luego de completar su primer proyecto en Miami en 2020, el estudio de diseño de interiores del diseñador de moda italiano Giorgio Armani, Armani/Casa, está listo para conquistar el sur de Florida y en Robb Report México tenemos exclusivamente un primer vistazo. Ubicado en Pompano Beach el desarrollo contará con 28 residencias privadas de lujo distribuidos en 2 torres, con precios a partir de los 5 millones de dólares, cada uno siendo una obra maestra impresionante que fusiona a la perfección una vida lujosa con la serenidad y belleza de su ubicación frente al mar. “Este nuevo proyecto residencial, el tercero en los Estados Unidos, es uno de los más exclusivos de los que he realizado hasta la fecha. Encontré particularmente inspiradora la integración entre la arquitectura, el paisaje natural y el océano, y me entusiasma la posibilidad de trabajar para una clientela exigente, pudiendo transmitir mi visión con total libertad” The Armani Group llega al sur de Florida Ubicado en 1550 N Ocean Blvd, Armani/Casa Residences Pompano Beach, será diseñado en colaboración con la reconocida firma G3 AEC y se dividirá en dos torres de 19 pisos, cada residencial ocupará su propio piso, un lujo ya por sí solo al hablar de vivienda en tiempos actuales. Los diseñadores locales Vertical Developments, WellDuo, GCF Development y SP Developments también se han sumado al proyecto, señalando que este llegará para establecer un nuevo estándar de elegancia al sur de Florida, convirtiendo Pompano Beach en un destino de primer nivel para aquellos que buscan “una vida refinada en condominios y un diseño excepcional”. Cada una de las torres del nuevo desarrollo residencial firmado por The Armani Group contará con grandes comodidades exclusivas, incluida una piscina de 45 pies (poco más de 4 metros cuadrados), un gimnasio de última generación, un spa de primera clase y un salón privado para residentes. Alrededor de las residencias habrá un parque al aire libre que conduce directamente al océano, diseñado por la firma de arquitectura paisajística West 8, los residentes también podrán disfrutar servicio de concierge privado y estaciones de carga privados para vehículos eléctricos. The Armani Group ha anunciado que las reservas para Armani/Casa Residences Pompano Beach ya están abiertas, con las ventas a cargo Armani/Casa Residences Pompano Beach. Y también ha asegurado que este será solo uno de los muchos desarrollos residenciales que tiene planeados para los próximos años en todo el mundo incluyendo destinos como Londres, Pekin, Tel Aviv, Manila, Mumbai e Istambul, pues planea estar presente en 29 países. Source: robbreport.mx Explore and Assess Investment Opportunities Tap into our expertise, connect with our team today By subscribing you are agreeing to Vertical Developments Privacy Policy. You can unsubscribe from Vertical Developments, LLC. emails at any time by clicking the “Manage your Subscriptions” link in any of your emails.

BACK TO NEWS January 28, 2025 This Week’s South Florida Deal Sheet: Related Group, Witkoff Land Huge Construction Loans By Chloe Gallivan In one day last week, partnerships led by Related Group and Witkoff Group landed about $700M in financing to build luxury oceanfront condominiums. Courtesy of ArX CreativeRivage Residences Bal Harbour is expected to deliver in 2027 in Biscayne Bay. Related, Rockpoint and Two Roads Development secured a $424M construction loan for the Rivage Residences Bal Harbour from Tyko Capital, led by Adi Chugh and backed by Elliott Investment Management. Rising 24 stories, the tower will hold 56 units ranging from 3K SF to 13K SF. Pricing for each unit starts at $10M, with the penthouse on the market for $75M, according to a release. The amenities span 25K SF and include a fitness pavilion, a hammam-style spa, pickleball and paddle ball courts, a lounge and a children’s playroom. The Rivage, from Miami-based Related, led by Jorge Perez, Two Roads and Boston-based Rockpoint, secured $100M in sales in the last two months alone. Construction for the project began in September and is expected to be completed in 2027. Witkoff Group and PPG Development received a $273M construction loan from JPMorgan Chase and BDT & MSD Partners for the condo-hotel project named Shell Bay in Hallandale Beach. Witkoff and PPG also received a $5M loan from ConnectOne Bank, in addition to its original $55M in financing for the project in 2021, according to a release. The 20-story Auberge-branded tower will hold 108 residences and 60 keys for the hotel. It is expected to open in 2027. The property features a Greg Norman-designed, nine-hole, par-3 golf course, which is already open, a 48-slip marina, a clubhouse with a spa, restaurants and event space. About 50% of the condos for the Auberge-branded project have already been sold at an average of more than $2K per SF. FINANCING The Estate Cos. secured a $75M refinancing loan for Soleste Seaside in Dania Beach. Affinius Capital provided the loan, which was arranged by Jonathan Schwartz, Adam Schwartz and Tom Melody of Walker & Dunlop, according to a release. The eight-story property opened in 2023 and holds 340 apartments that range from studios to three-bedroom units consisting of 600 SF to 1,200 SF. Located at 4 N. Federal Highway, the property includes on-site parking, a fitness center, an outdoor swimming pool and 13K SF of retail space.   BWE, a multifamily mortgage banking firm, secured a $53M credit-tenant lease loan for Phase 1 of the International Swimming Hall of Fame complex in Fort Lauderdale. Steve Perricone and Andrew Tomaino of BWE originated the loan, which was structured as a public-private partnership with the city of Fort Lauderdale and Hall of Fame Partners LLC. The museum will be at the Ft. Lauderdale Aquatics complex. Phase 1 of the project includes rebuilding the sea wall and developing a new ocean rescue building. Future phases of the development — including museum facilities, dining options, retail spaces and options for swimmers to train and compete — are projected to cost more than $200M.  The International Swimming Hall of Fame complex broke ground in October and is expected to deliver all four phases by 2028. LEASES The soccer craze continues to grip Miami, with a new Lincoln Road lease for a Mexico-based sports apparel retailer. Comras Co. inked a deal with Culto Fútbol for the retailer’s first store in the U.S. Culto Fútbol will take 7,400 SF at 744 Lincoln Road and is scheduled to open in summer 2025. The store will feature a collection of official jerseys for a variety of teams like Inter Miami CF, Los Angeles FC, Real Madrid, Club América, Tigres and Rayados, according to a release. The parent company, Grupo Innovasport, has more than 260 stores in Mexico. The expansion to the U.S. comes after Lionel Messi joined Inter Miami CF in July 2023, sparking a rise in soccer interest that has spread to CRE.   Related Ross, led by Stephen Ross, welcomed Equinox Fitness Club to CityPlace in West Palm Beach. Equinox West Palm Beach will open by the end of 2025 with a total of 35K SF on the second and third floors of 575 Rosemary. This will be the brand’s first location in West Palm Beach. Ross is an investor in Equinox. The gym will be in The Laurel, a newly completed apartment building that will also feature Crate & Barrel, yoga apparel and accessories retailer Alo, and Canadian restaurant chain Moxies, 12 News reported. This comes after a lawsuit between Related and the former gym occupant, LA Fitness, took more than a year to settle.  *** VSE Corp., a provider for the aviation industry, is relocating its headquarters from Northern Virginia to the Miramar Park of Commerce. The company first landed in the Miramar Park of Commerce in 2014 with a 37K SF lease and has expanded to occupy more than 142K SF. VSE will invest approximately $3.5M in the facility and add 110 new jobs, according to the release. Apol and Ryan Goggins of Sunbeam Properties & Development represented the park, and Matthew Cheezem of Cushman & Wakefield represented VSE. The Miramar Park of Commerce, owned by the Ansin family’s Sunbeam Properties, plans to develop a 126-acre mixed-use project on the site named The Park Miramar. Plans call for 2,874 apartments, a 185-key hotel, 340K SF of retail space and 126K SF of office space. The project is expected to break ground at the end of 2025. THIS AND THAT New York-based real estate firm Fisher Brothers has rebranded and renamed the Wynhouse Miami to Joule House. The building’s new name is meant to signify the energy of the area and property — joule is the metric system unit of measure for energy. Construction is nearly complete on the eight-story building at 2200 NW First Ave. The project is expected to open in spring 2025 with 308 rental units ranging from 470 SF studios to 1,410 SF three-bedroom apartments. The building, designed by the Rockwell Group, holds about 26K SF of retail space on the ground floor and more than 23K SF of indoor and outdoor amenities. *** Armani Group is partnering with Vertical Developments, WellDuo,

BACK TO NEWS January 28, 2025 The Armani Group Unveils Plans for New Branded Residences in South Florida By Abby Montanez Italian fashion designer Giorgio Armani’s interior design studio, Armani/Casa, completed its first residential project in Miami in 2020 and, now, the firm has reentered the South Florida market with a brand-new development, this time in ritzy Pompano Beach—and Robb Report got an exclusive first look. Designed in collaboration with the renowned firm G3 AEC, the Armani/Casa Residences Pompano Beach at 1550 N Ocean Boulevard will be divided into two 19-story towers and host 28 total homes, each occupying their own floor. Local outfits Vertical Developments, WellDuo, GCF Development, and SP Developments have also signed on to the project.   An exterior rendering of the two towers. “This new residential project, the third in the United States, is one of the most exclusive of those I have carried out to date,” Armani said in a statement. “I found the integration between the architecture, the natural landscape and the ocean particularly inspiring, and I was excited about the possibility of working for a demanding clientele, being able to convey my vision with complete freedom.”  Surrounding the residences will be an open-space park that leads right out to the ocean, designed by the landscape architecture firm West 8. The towers will also have lots of amenities, including a 45-foot lap pool, a state-of-the-art fitness center, a world-class spa, and a private residents lounge. Plus, prospective buyers can look forward to concierge service and EV charging stations. Living rooms will have curved accent walls, full-height windows, and 10-foot ceilings. In terms of the individual homes, high-quality renderings indicate they will be infused with the same spare, quiet luxury as the clothing that Armani designs and have a monochromatic palette that allows the views to take center stage. The beautifully appointed condos will be kitted out with soaring 10-foot ceilings and expansive wraparound terraces with 360-degree city and water vistas. The eat-in kitchens will feature European quartz and stone countertops plus custom cabinets from Armani/Casa, while primary suites will sport walk-in closets by Molteni Dada, midnight bars, and spacious bathrooms. Each condo will have two dedicated parking spots, or, if you’re in a penthouse unit, you’ll have three spaces. The development will begin accepting reservations this fall, with prices starting at $5 million. Primary bathrooms will feature curviliner vanities that mirror the fluid shape of the towers. “We’re excited to partner with renowned fashion designer Giorgio Armani as he expands his brand of luxury condos,” added Tomas Sinisterra of SP Developments. “Armani/Casa Residences Pompano Beach introduces a new standard of elegance to Pompano Beach, making it a premier destination for those seeking refined condominium living and exceptional design.” Source: yahoo.com Explore and Assess Investment Opportunities Tap into our expertise, connect with our team today By subscribing you are agreeing to Vertical Developments Privacy Policy. You can unsubscribe from Vertical Developments, LLC. emails at any time by clicking the “Manage your Subscriptions” link in any of your emails.

BACK TO NEWS January 28, 2025 Dolce & Gabbana, Elle magazine launch luxury condos in Miami By Christopher Cameron The streets of Miami are a runway — now its corridors are, too. For years, developers have blended fashion and lifestyle in branded projects from the likes of Fendi and Armani. But the latest crop of couture condos are all about cool. At 888 Brickell, new residences from Dolce & Gabbana will rise 90 stories or 1,049 feet — a record height for Miami — with 259 residences and a yet to be announced 5-star hotel. Dolce & Gabbana is lending its label (and OTT, gilded design skills) to 888 Brickell, where prices start at $3.5 million.Image by LL&Co. It’s all about elegance with an edge: a pastiche of NYC’s Seagram Building with Milanese midcentury from JDS Development and Studio Sofield. The facade features ivory travertine, white stucco and matte black steel beams; at the street level, the building shimmers in a necklace of golden beads. “This is the first Dolce & Gabbana branded residence in the US,” says Daniel de la Vega, president of One Sotheby’s International Realty, which is marketing the project, where prices start at $3.5 million. “There’s a lot of golds and blacks and I think it comes together in a very elegant way.”  The brand is furnishing the interiors. “It’s really resonated with international buyers,” says de la Vega. “The ballrooms, the bar, the mezzanine, the lap pools, the wellness components … it’s not just beautifully designed and impeccably branded, but has incredible amenities.” While residents at 888 will enjoy access to a house Rolls Royce, buyers at the new Rider Residences get a selection of haute hogs. Located at 94 NE 29th St., between Wynwood, Midtown, Edgewater and the Design District, the Rider is a 12-story, 146-condo building that channels the “golden age of rock ‘n’ roll” with a “rebellious style” and $1 million of artworks (think: original art photos of nostalgic celebs like Brigitte Bardot and David Bowie). “Growing up I had a poster on my wall from the movie ‘Easy Rider.’ I wanted the flavor of that,” said Diego Ojeda, president of developer Rilea Group, which plans to complete the project in 2026. “We are going to have a fleet of a dozen motorcycles, a mixture of Harley Davidsons, Triumphs and Vespas for our residents. It will be really cool to just get on a Harley and cruise around Miami.” Get the party started in the building’s Vinyl Hi-Fi Listening Room, which features a limited-edition Brionvega Radiofonografo turntable designed by Achille Castiglioni and crafted in Italy. The morning after, head to the Recovery Room on the pool deck. The cost of all that cool? Prices for a one-bedroom start around $500,000 and rise to upwards of $1.8 million for a three-bedroom leather jackets not included. For a more glossy experience, head to the 25-floor Elle Residences Miami at 3618 NE 5th Ave. in Edgewater. Urban Network Capital Group and Vertical Developments are behind the 180-unit project from the 79-year-old tastemaking magazine. Interiors by The One Atelier (Fendi and Karl Lagerfeld vets) will channel the pages of sister pub Elle Decor with their elegant and airy designs. It’s a youthful concept with a French Riviera-inspired sundeck, two pools, an outdoor movie theater, a chic fitness center and prices from an approachable $525,000 with Fortune Development Sales. Vogueing strictly prohibited.   Source: nypost.com Explore and Assess Investment Opportunities Tap into our expertise, connect with our team today By subscribing you are agreeing to Vertical Developments Privacy Policy. You can unsubscribe from Vertical Developments, LLC. emails at any time by clicking the “Manage your Subscriptions” link in any of your emails.