Opening offices in China, launching a project in Orlando, topping off a tower in Fort Lauderdale, breaking ground on one in Miami and opening another, OneWorld Properties is full blast ahead.
In 2018 alone, OneWorld President and CEO Peggy Olin and her team of associates closed over $300 million in luxury residences throughout South Florida.
We opened our China office in Shanghai in March to serve Chinese investors of our luxury real estate projects in Florida. The venture has been so successful we plan to open offices this year in the capital city of Beijing and Shenzhen just north of Hong Kong.
Chinese buyers have been the top foreign buyers in both units and dollar volume of residential housing for six years, according to the National Association of Realtors. While they’ve been known to purchase multi-million luxury projects, we are seeing more of the middle class looking at investing their money in lower priced U.S. projects.These buyers are looking for more attainably priced homes in the $300,000-$500,000 range featuring more flexible leasing options for buyers to gain a return on their investment.
OneWorld Properties offers buyers an array of investment opportunities of quality developments at different price points.
We expanded our offerings from South Florida to Central Florida by becoming the exclusive marketing and sales agent of SPECTRUM+ at Reunion Resort in Orlando. Encore Capital Management Group launches development of the 296 luxury vacation residences in Reunion Resort in 2019 and is slated to complete the first three-story, four-villa buildings this year. Prices start in the $350,000s.
The 499-foot 100 Las Olas just topped off, making it the tallest building in Fort Lauderdale. OneWorld is celebrating this milestone Jan. 23 at the NSU Art Museum. The Kolter Group’s downtown 46-level tower, featuring 110 condominiums and three penthouses plus 238 Hyatt Centric guest rooms, is on schedule to be completed in 2020. Prices start in the $800,000s.
After bursting onto the downtown scene in 2018, YOTELPAD Miami will break ground Jan. 31. In Q3 of 2018, our sales team introduced Lulu, the country’s first robot butler in a condominium community. Aria Development Group and AQARAT’s 31-story building will feature 231 efficiently designed high-end residences on floors 15-31 with no daily rental restrictions for owners, above a 222-room hotel. Price start in the $300,000s.
PARAMOUNT Miami Worldcenter is on pace for completion and ready for closings this year. Developer Dan Kodsi has been making international headlines since the spring when he announced the 60-story tower would feature a skyport for passenger drones, or flying cars. The 569-residence tower is 85 percent sold with buyers from over 50 countries.
PARAMOUNT Miami Worldcenter downtown will offer the most amenities of any residential building in the world and is part of the second-largest urban master planned development in the country. Prices start in the mid-$700,000s. This month, PARAMOUNT Miami unveiled four two-story urban villas on the amenity deck ranging from $3.5 million to $4.5 million.
Pedestrian-friendly PARAMOUNT Miami Worldcenter is steps away from Brightline, which began offering hourly high-speed rail service in 2018 connecting Miami, Fort Lauderdale, and West Palm Beach and will continue to expand its services.
OneWorld Properties sales team members visited various countries in 2018 including Argentina, Brazil, Ecuador, Colombia, Mexico, Peru, Spain, and Singapore.
Cheers to 2019!