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East End Capital also unveiled its $10M renovation plan for 100 Biscayne
By Katherine Kallergis, The Real Deal
The developers of two condo buildings under construction in South Florida and the new owner of a downtown Miami office tower just released new renderings of their projects.
Paramount Miami Worldcenter, a 60-story, 562-unit tower, unveiled its penthouse collection of 26 units priced from $3.5 million to $9.5 million. The collection includes 18 single-story units and eight two-story condos ranging from 3,500 square feet to more than 6,000 square feet. The penthouses will be part of the four-story Skydeck with a lounge, sunrise pool, observatory, infinity pool, sundeck and Tai Chi deck.
Developer Dan Kodsi secured a $285 million construction loan for the tower earlier this year and plans to deliver the building in 2019. It’s about 65 percent presold, a spokesperson said.
East End Capital unveiled a new look and name for the New World Tower in downtown Miami. Now called 100 Biscayne, East End plans to spend more than $10 million to replace the façade, build a new lobby, renovate common spaces and bathrooms, install fiber connectivity, and add an amenity space, among other improvements.
Zyscovich Architects is handling the design of the lobby and façade, while MKDA is working on interiors. Gordon Messinger of Cushman & Wakefield is handling leasing.
The Witkoff Group, Panther Capital Management and Highgate sold the 30-story tower at 100 Biscayne Boulevard to East End in October for $84 million.
Pre-built offices, hallways and bathrooms have been completed with the other renovations expected to begin toward the end of this summer.
Property Markets Group and S2 Development released new renderings of Muse Residences, a 68-unit, 49-story tower under construction in Sunny Isles Beach.
The developers are showcasing new images of the fitness center, sauna room and pool and cabana areas ahead of its 2018 opening.
Architect Carlos Ott along with Sieger Suarez Architects designed the building at 17141 Collins Avenue. Amenities will include a beach-level pool deck, a gym on the third floor, sauna, children’s play room, a “farm to table” lounge for residents, outdoor pool cafe and pet services.
Antrobus & Ramirez is designing the interiors of the common areas, and Troy Dean Interiors will handle the units’ interiors. Custom artwork by Helidon Xhixha is also available to residents.
PMG could not immediately be reached for comment for a sales update. Muse was about 75 percent presold in March, with units asking $4.8 million to $17.5 million.