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Iconic Italian Hospitality Brand Announces First Residential Venture in Miami Beach’s Prime Oceanfront Location

Casa Cipriani, the storied Italian hospitality brand synonymous with refined luxury, is making waves in the South Florida real estate market with its ambitious expansion plans. The iconic brand is set to launch its first Florida location—a sophisticated development that will feature 23 ultra-luxury condominiums alongside a boutique 40-room hotel and an exclusive private members’ club.

According to sources close to the project, this unprecedented venture will be housed in a striking 17-story oceanfront tower at 3611 Collins Avenue in Miami Beach, positioning the development in one of the most coveted coastal strips in the country.

This marks Casa Cipriani’s strategic entrance into the luxury real estate sector, establishing its presence in a prestigious oceanfront district that recently welcomed the new Aman Miami Beach just blocks away—further cementing the area’s status as a hub for ultra-luxury branded residences.

The ambitious project represents a powerhouse collaboration between three major players: Arnaud Karsenti’s Miami-based 13th Floor Investments, Joseph Cayre’s Midtown Equities, and the legendary Cipriani family themselves.

Acclaimed architect Brandon Haw has been commissioned to design the building, which promises to masterfully blend Miami Beach’s iconic Art Deco heritage with the timeless Cipriani aesthetic—an elegance that traces back to 1931 when Giuseppe Cipriani founded the original Harry’s Bar in Venice, Italy.

A project spokesperson revealed exclusively that the luxury residences, ranging from one to four bedrooms, are expected to command starting prices in the $25 million range when sales launch later this year. Construction is slated to commence shortly thereafter, signaling confidence in Miami’s resilient luxury market despite broader economic uncertainties.

While Casa Cipriani may be new to Miami, the Cipriani family’s impressive portfolio already boasts a significant Florida presence, including the under-construction Cipriani Residences Miami, Cipriani Downtown Miami restaurant on Brickell Avenue, the completed Mr. C Residences and Mr. C Hotel in Coconut Grove, and a forthcoming Mr. C Hotel & Residences in West Palm Beach.

“Casa Cipriani is fundamentally about comfort, privacy, service and elegance,” explains Maggio Cipriani, president of Cipriani USA and fourth-generation family member. He emphasizes that the Miami location will deliver the exceptional private club experience “that our members cherish” while offering a “unique opportunity to call this extraordinary place home.”

The development will feature an impressive array of premium amenities, including a dedicated private entrance for residents, signature dining experiences, comprehensive in-home dining and catering services, exclusive private dining rooms, a swimming pool serving Cipriani’s acclaimed food and beverages, a world-class spa, a sophisticated lounge, and a state-of-the-art fitness center.

Industry analysts note that this development represents a significant vote of confidence in Miami’s ultra-luxury market, as well as the continuing trend of prestigious hospitality brands extending into the residential real estate sector to meet growing demand for branded living experiences.

Source: New York Post

Miami’s Condo Conundrum: Court Ruling Sparks Digital Revolution in Property Rights, Reshaping Urban Development

By Columbus International,6 August 2024

A recent court ruling has brought new hope to condo owners in Miami who wish to keep their beloved homes, potentially reshaping the landscape of real estate development in the area.

The story of Angelica Avila, a longtime resident of Biscayne 21, a waterfront condo building in Miami’s Edgewater neighborhood, exemplifies this shift. Avila, who cherished her home of 30 years and its stunning views of Biscayne Bay, stood firm in her decision not to sell, even when offered triple the value of her investment.

While Avila and other residents were initially forced to relocate when developers gained control of the building, a recent appeals court ruling has challenged this practice. The court sided with the small group of residents who refused to sell, overturning a previous decision that favored the developers.

This ruling could mark a turning point for property rights in Florida, potentially giving more power to individual homeowners who wish to keep their properties. It opens up new possibilities for community preservation and may encourage more balanced negotiations between developers and residents.

The case has sparked important discussions about property rights, community preservation, and urban development. It highlights the need for innovative solutions that can balance the interests of long-time residents with the demands of urban growth and renewal.

While developers express concern about the impact on future projects, this situation presents an opportunity for more collaborative approaches to urban development. It could lead to creative solutions that respect the rights and wishes of long-time residents while still allowing for necessary upgrades and improvements to aging buildings.

The ruling also emphasizes the importance of clear and fair condominium rules. It may inspire communities to review and strengthen their governing documents to better protect all residents’ interests.

This development could potentially lead to more inclusive urban planning processes, where the voices of all stakeholders are heard and considered. It may encourage developers to work more closely with existing communities, fostering developments that enhance rather than replace established neighborhoods.

As the case potentially moves to the state supreme court, it offers a chance for Florida to set a precedent in balancing property rights, community preservation, and urban development. This could lead to more sustainable and community-friendly approaches to urban renewal across the state and beyond.

While challenges remain, this ruling represents a positive step towards protecting homeowners’ rights and preserving the character of long-established communities. It opens the door for more equitable and inclusive urban development practices that could benefit all Miami residents in the long run.

Source WSJ | Photo via Protecting Florida Together

The Pinnacle of Luxury Living: Palm Beach’s Exclusive Real Estate Scene

By Columbus International,17 January 2024

Palm Beach? An oasis on the Florida coast, now the epitome of luxury living, attracting notable figures from the worlds of fashion, entertainment, and business. In this article, we delve into the extraordinary real estate landscape of Palm Beach, showcasing stunning properties and the allure that draws celebrities and magnates to invest in this coastal paradise.

Tom Ford’s $73 Million Eden
As a testament to Palm Beach’s allure, renowned fashion mogul Tom Ford recently acquired a magnificent residence for the staggering sum of $73 million. The opulent villa, situated on a one-acre plot, includes a main house of 10,200 square feet with three bedrooms and a separate guest house with two bedrooms. The award-winning design by architect Daniel Kahan incorporates modern aesthetics, energy efficiency, and a breathtaking rectangular pool surrounded by palm trees. Ford’s off-market purchase marked a significant appreciation in value since the previous owner acquired it for just under $36 million in 2021. Kahan, known for his commitment to cutting-edge technologies, integrated solar energy and rooftop gardens into the design, creating a residence that is not only efficient but also visually stunning.

The Rise of South Florida in Real Estate
Traditionally, New York and Los Angeles held the reputation for being the most expensive real estate markets. However, a paradigm shift has seen South Florida, including Palm Beach, Miami, Fort Lauderdale, and other coveted locations, emerge as the new hotspot for luxury living. The appeal lies in the region’s tax advantages, favorable climate, and a lifestyle that caters to diverse interests. The desirability of the area is evident in the influx of celebrities choosing Palm Beach as their residence. Sylvester Stallone’s $35 million property, featuring a private beach, poolside cabana, gym, and temperature-controlled wine cellar, exemplifies the luxury available. Notable figures like Sophie Turner and Joe Jonas, Jared Kushner and Karlie Kloss, and the iconic fashion couple Tommy Hilfiger and Dee Ocleppo have invested in multimillion-dollar residences, contributing to Palm Beach’s star-studded real estate portfolio. Palm Beach’s luxury real estate market has transcended conventional boundaries, attracting global attention and becoming a magnet for the elite.

From Tom Ford’s magnificent coastal building to the stellar acquisitions of celebrities and fashion icons, Palm Beach stands as a testament to the pinnacle of luxury living. As the allure of this coastal paradise continues to captivate high-profile individuals, it solidifies its status as the ultimate destination for those seeking an unparalleled blend of sophistication, glamour, and the idyllic lifestyle of Florida.