The prepared redevelopment of the Ritz-Carlton Residences, South Beach front and adjacent Sagamore Lodge is going forward.
Douglas Elliman’s Eklund-Gomes staff will lead income of the 15-story, 30-unit apartment task, according to a submit on social media. It is just one of a few new qualities the group recently took on. Fredrik Eklund and Pietro Belmonte are main sales of the undertaking.
The Lowensteins’ Lionstone Development, the Kanavos family’s Flag Luxurious Team and the Ben-Josefs’ Ben-Josef Team are the developers of the Ritz/Sagamore undertaking. The new creating will rise powering the Sagamore Hotel South Beach front at 1617 Collins Avenue and cantilevered over the existing Ritz-Carlton, South Beach cabana creating at 1 Lincoln Road.
The developers secured acceptance for the new creating from the Miami Seaside Historic Preservation Board in Oct. On Tuesday, the board authorized a certification of appropriateness for advancements to Lincoln Street in between Collins Avenue and the beachwalk.
“I’ve been doing the job on this outstanding venture in silence for about 4 years… and can finally unveil it to you,” Eklund wrote on Instagram.
He could not be attained for additional info. Elliman did not immediately reply to a ask for for comment about pricing.
Kobi Karp Architecture & Inside Design is working on the task with the inside design agency Studio Munge and hospitality layout organization Susurrus, according to a spokesperson for the enhancement.
New York-dependent Flag and Miami-based mostly Lionstone beforehand owned the Ritz-Carlton, South Beach and the Ritz-Carlton in Bal Harbour, while New York-based Ben-Josef owned the Sagamore. In 2020, they merged their possession of the homes.
The Ritz-Carlton progress is a person of a handful of new oceanfront condominium tasks in the is effective together that extend of Collins Avenue in South Seashore. Many others contain the redevelopment of the historic Shore Club, Raleigh and Delano accommodations.
In North Beach front, Eklund-Gomes is also heading profits and promoting for 72 & Carlyle, a 125-unit, 19-tale creating planned for 600 72nd Avenue. It marks the third venture led by Mendy Chudaitov’s Lefferts, the Galbut household and the Navarro household in North Seashore.
Pricing at 72 & Carlyle, also referred to as 72B, begins at about $1 million, and Elliman was previously announced as the sales and marketing organization. Eklund posted about the task over the weekend.
Eklund-Gomes is expanding in South Florida. Eklund recently moved from Los Angeles, and his company spouse Gomes also bought a pied-à-terre in Miami Beach front previously this calendar year.
Eklund-Gomes is also major revenue of two Auberge Resorts-branded assignments that Witkoff is co-building.
They consist of the Shore Club Non-public Assortment, an Auberge Resorts-branded luxury condominium prepared for the historic house at 1901 Collins Avenue in Miami Beach front as very well as Shell Bay Residences in Hallandale Beach front.
Witkoff partnered with Monroe Money on the Shore Club, and is co-building Shell Bay with Ari Pearl’s PPG Improvement.
