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The Yukon Miami Building Hits the Market and Hosts Launch Party

Located at 119 Washington Avenue in Miami Beach’s affluent South of Fifth neighborhood, The Yukon Miami commands one of the highest per-square-foot rents in Florida. The Class A trophy building just hit the market for $45 million, and a rooftop launch party will take place this week.

Amit Egan Datwani, founder & chief consultant of The Global Consulting Organization, is listing the property along with Cyril Bijaoui of The Company Real Estate. The Arquitectonica-designed building was developed in 2002 by Yantra 119 LLC. A conceptual design showing the unique building’s potential was designed by PALMA, an architecture firm based in Chicago.

“The Yukon Miami is the ideal opportunity for a visionary investor that understands this and has the ability to transform the property from a trophy asset to an absolute gem,” Egan Datwani said.

The 43,140-square-foot commercial office building is the only Class A office building located in the South of Fifth enclave steps away from world-class, record revenue breaking restaurants and more.

In addition to its prime location, The Yukon Miami features more than 8,000 square feet of available rooftop terrace space with 360-degree views of the Atlantic Ocean, Miami Beach, and Downtown Miami, the largest commercial roof and deck space in South of Fifth.

Anchor tenants include One Sotheby’s International Realty, Red Steakhouse, real estate investment company W5 Group and several heavy-weight financial companies, including Boston-based Raptor Capital Management, Manhattan-based York Capital Management, and Sero Capital.

For more information about the building, read the full article in Forbes.

To attend The Yukon Miami’s official launch party on Thursday, February 27th, register here

Choeff Levy Fischman Waterfront Stunner Featured on Curbed

Miami-based architects Choeff Levy Fischman have delivered yet another waterfront masterpiece. Situated on Miami Beach’s coveted Di Lido Island, the residence features a rare post-tension structural system typically found in high-rise developments.

The $18.8 million residence captures CLF’s signature Tropical Modern style through the use of repetitive board-formed concrete, wood, and exotic stone both indoors and outdoors.

Miami is full of over-the-top real estate listings, from celebrity listings to island abodes. The latest to cross our desk is this seven-bedroom, eight-bath stunner situated on Miami Beach’s Di Lido Island. Designed by architects Choeff Levy Fischman and first on the market last October, the 7,828-square-foot house recently took a $1,200,000 price cut.

The unique home uses a post-tension structural system usually found in high-rise developments; the system eliminates the use of structural beams and allows for maximized ceiling heights on multiple levels. It also takes advantage of the home’s best asset: Unobstructed views of Biscayne Bay.

For more information, visit Curbed.

CORE Design + Build Brings Luxury Modern Architecture to the Mid-Atlantic

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Miami-based architecture firm, Choeff Levy Fischman, is taking its talents to the Mid-Atlantic with the collaboration of a new partnership with Maryland-based builder, Aaron Feivelson. The new venture, known as CORE Design + Build combines Choeff Levy Fischman’s award-winning, tailored environmental designs with Feivelson’s premier experiential home building services.

If Greater Baltimore is going to attract big money talent, the region needs to deliver on the kind of lifestyle many of those individuals look for.

For Aaron Feivelson, that lifestyle begins quite literally at home.

Feivelson has launched a new company in partnership with a Miami architecture firm to bring a new, modern style of high-end home design to the mid-Atlantic.

While the Baltimore area does have its share of luxury mansions and homes, they are overwhelmingly in the traditional style, Feivelson said. And there aren’t many examples of good modern design in the area, he said.

The firm, CORE Design + Build, specializes in an architectural style known as environmental modern, a sleek look focused on natural materials, sharp lines and open spaces. This type of home is made for a more forward-thinking client, one that is looking not only for a place to live, but a place that also serves as a work of art.

CORE is a collaboration between Feivelson, who is also president of homebuilding firm Sunfire Homes in Stevenson, and Ralph Choeff, founding principal of Choeff Levy Fischman Architecture + Design in Miami. The idea for environmental modern stems from the tropical modern style, which Choeff is well-known for.

To read the full story, visit the Baltimore Business Journal.

Stambul Acquires the Historic Walgreens Building in Downtown Miami

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Stambul, a family-owned and operated, full-service boutique construction and development firm, finalized the purchase of the historic Walgreens building in Downtown Miami for $19.75 million. Located at 200 East Flagler St., the building was owned by the Alonso family and was once home to La Epoca Department Store. Stambul plans to transform the approximately 50,000 sq. ft. building into a multi-level entertainment complex, which will serve as a catalyst for Downtown Miami’s resurgence.

The iconic Walgreens building at 200 E. Flagler St. in downtown Miami has a new owner with big plans for the future of the historic property.

The Miami-based construction and development firm Stambul paid $19.75 million for the 50,000 square-foot building. The sale closed on Friday.

The building was put up for sale in June 2016 by the Alonso family, who owned the department store La Epoca that had operated out of the location since 2005. The store closed in November 2016.

The five-story building, which was entered into the National Register of Historic Places in 1988 and cannot be torn down, will be turned into a multi-level collection of high-end restaurants, retail and entertainment venues.

“We are meticulously and thoughtfully curating and overseeing vendors, spaces and activities that will integrate to provide an organic experience,” Stambul’s Principal Daniel Peña Giraldi said in a press release. “Stambul wants to be a key player in the rebirth of Downtown Miami and its evolution into a culinary and entertainment destination for locals and tourists.

To read more, visit The Miami Herald.

17 West Mixed-Use Development in Miami Beach Tops Off

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Architecture and design firm Stantec, Grycon, Turnberry Associates and Elion Partners celebrated the topping off of the five-story 17 West mixed-use development, which includes residences and Miami’s second Trader Joe’s grocery store. Located on 17th Street between Alton Road and West Avenue in Miami Beach, the 185,388 square foot project will include 23 residential units, a rooftop pool deck with a gym, ground level commercial space and a public garage with 193 parking spaces. The residential units range from one bedroom to three bedrooms. The project is scheduled for completion in January 2019.

Midtown 8 Residential Development in Midtown Miami Tops Off

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Architecture and design firm Stantec, Kast Construction and developer Wood Partners celebrated the topping off of the 28-story Midtown 8 residential development located on a two-acre site at 2901 and 2951 NE 1st Avenue in Midtown Miami. The mixed-use development includes 387 residences, retail space and parking.

When completed in May 2019, Midtown 8 will feature 30,000 sq. ft. of commercial space, an amenity deck above an attached 519-car garage, 27 Citi Bike spots, a clubhouse, a landscaped linear outdoor space with dog walk area and a colorful mural art wall expressive of the neighborhood. The residential units range from studios, one-bedrooms, two-bedrooms, and three-bedroom penthouses with elevated ceilings.

Other residential amenities include a co-working space in the lobby, spacious hammock garden, a rocking chair lounge area, yoga studio, demonstration kitchen and juice bar. The outdoor amenity spaces will have lush greenery and green walls creating an inviting and relaxing oasis for residents.

Choeff Levy Fischman’s Hibiscus Island Gem Featured in Private Air

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The latest issue of Private Air Magazine features a recently completed Tropical Modern home in Miami Beach designed by Choeff Levy Fischman. Located on Hibiscus Island, the residence features Brazilian Oak wood floors, Calacatta marble accents and disappearing sliding glass doors that create a seamless transition between inside and out. With this property, Choeff Levy Fischman blended cutting-edge technology with custom millwork and high-quality finishings throughout the residence.

Known for their star-studded clientele, the inventive minds behind the award-winning Miami-based architectural firm, Choeff Levy Fischman, presents their new high-end Tropical Modern residence that offers the best of indoor-outdoor living where one can enjoy waterfront living, alfresco dining, fantastic city views, and much more.

Located on exclusive Hibiscus Island in Miami Beach, Florida, this jaw-dropping, waterfront contemporary residence boasts 6,000 sq. ft. of luxury overlooking the Miami skyline, with an impressive 80 feet of waterfront with private dockage for your yacht.

Meticulously designed by renowned architects Ralph Choeff & Paul Fischman, the two-story, five-bedroom, five and a half bath estate blends cutting-edge technology and the highest quality finishings in every room. Designed with disappearing sliding glass doors, one can seamlessly transition from indoors to the lush landscaped outdoors, enjoying all the residence has to offer.

The sexy modern fully-equipped chef ’s kitchen features exotic Italian millwork, Calacatta marble, and a designated bar made of stained Italian Oak with Sub-Zero wine coolers – one for red and one for whites. Soak in the bay views, from the floating master bedroom suite outfitted with Brazilian Oak wood floors, a spa-inspired master bath with large soaking tub, marble shower, balcony, and home office with unobstructed views.

Outside a 590 square foot pool sits beneath the suspended master. Across the floating steps, adjacent to the pool, lies a shallow wet lounge where homeowners can dip their feet, play with small children, or simply enjoy the sun. Colorful Brazilian Cumaru wood, lush foliage, including a Bamboo garden, adds life and color to the residence.

In addition to the home’s stunning design, architects included several sustainable features to help protect the home against Miami’s natural elements such as an onsite rainwater retention system, insulated glazing low-energy film on windows to minimize solar heat gain, glare and reduce energy costs, high Albedo roof membrane to reduce heating and cooling usage. The south facing waterfront home was created to resist hurricane winds, storm surges, and rising sea levels. At the time of the design, the seawall’s code requirements were 4.8 NGVD. However, this residence stands at 7.26 NGVD and sits 22 to 26 feet away from the seawall, allowing for additional barriers from storms.

“This home is unique because of its pie-shaped lot and connection to the open bay. We designed the residence to maximize waterfront views, while also creating a seamless transition between the interiors and exteriors with column-free, corner opening, sliding glass doors which disappear into pockets when opened,” notes Paul Fischman, principal at Choeff Levy Fischman.

 

Stantec Designing Amenity-Driven Residential Buildings to Attract Millennials

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South Florida developers and architects are challenged to attract millennials by meeting both the price points and features that millennials are seeking. Multifamily residential developers must even re-think pricing, technological amenities, transportation and parking elements if they want to attract young buyers and renters. Architecture and design firm Stantec in Miami is implementing co-working spaces, communal kitchens and billiard lounges in their designs to appeal to this growing population. Their projects offer residents all the modern amenities to be expected of an upscale apartment community in an urban setting. According to Jon Cardello, Vice President of Stantec’s Miami office, “communal kitchens, like the ones at Vu New River in Fort Lauderdale, are a popular amenity for millennials. They are more likely to eat out or order takeout than cook at home, so they can have smaller kitchens in their apartments. The communal kitchens, with several ovens and a host of cooking appliances, allow them to throw parties and host family gatherings.”

Developers in South Florida are changing how they plan and design homes to attract the fast-growing millennial population, a group that faces unique challenges in the residential market.

Their construction initiatives are critical to preserving the building industry’s future bottom line. But businesses and cities have a stake, too. With more than 75 million people nationwide, the millennial generation will soon make up the heart of the workforce, and companies will decide to locate and grow in communities that can attract them.

“We are competing more with other cities in other states for housing options for them,’’ said Art Falcone, managing principal of Boca Raton-based Encore Capital Management.

For local developers, millennials present a huge opportunity – and a big challenge. The tri-county region ranks near the bottom among major metropolitan areas for millennials as a share of the total population, and leads the nation for the highest percentage of young people living with their parents.

High housing prices, below-average wages, and a strained transportation network present major obstacles to homeownership for millennials here. Deep college debt also means many recent graduates are on a tight budget, so they must be prudent with housing costs.

But developers are adapting, offering price points and features that differ from South Florida’s traditional garden apartments and country club communities to appeal to millennials.

To read the full story, visit South Florida Business Journal.

Choeff Levy Fischman Design Lands Tropic Magazine Cover Story

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The latest issue of Tropic Magazine features a recently completed contemporary, waterfront home minutes away from Miami Beach designed by Choeff Levy Fischman. Located on Hibiscus Island, the residence features matte limestone floors, Cumaru wood and disappearing walls of glass that create a seamless transition between inside and out. With this property, Choeff Levy Fischman achieved an environmentally inspired, waterfront oasis that takes advantage of the natural aspects of its island location.

Turn north from the bustle of the MacArthur Causeway toward Palm Island and you enter an existence that might as well be half a continent away. Instead of the high-rises and cacophony that is South Beach, you cross a bridge into a world of twin islands, Palm and Hibiscus, dredged from nothing in the 1920s. These islands soon became home to both Al Capone and Lou Walters famous Latin Quarter nightclub. Boasting of one-road-on-and-off, these delicious bits of heaven have always attracted those who treasure Miami for its waterfront lifestyle. This held true for the first wave who built elegant, Mediterranean styled homes in the 1920s and still holds true today, although now, newcomers tend to prefer exceptional, contemporary homes.

One such home was recently completed under the watchful eye of its lead designer, Paul Fischman of Choeff Levy Fischman and might be best described as an environmentally inspired, waterfront sanctuary. At just under 6,000 square feet, the creation of this residence was no small feat, and always top of mind for Fischman was the home’s Hibiscus Island location. Materials such as matte limestone and Ipe wood appear again and again throughout the home. Lush, tropical foliage that surrounds the house seems to caress it at every turn, peeking in through windows by the kitchen or brushing up against a waterfall wall that splashes into the pool. This connection to nature is marvelous, but for us, what is of paramount importance about this home is its exceptional openness.

To attain this quality, Fischman specified stacking sliders for many rooms in the house, sliders that extend from floor to ceiling when closed, and hide away discreetly when opened. The entertaining rooms on the ground level face a courtyard in which a 590 square foot pool seems to slide out from under the shelter of the home’s sequestered courtyard. Upstairs, these same doors slide away in the master bedroom as well as the master bath, placing nothing between the home’s occupants and Biscayne Bay except for a warm breeze. These disappearing walls of glass create a seamless transition between inside and out, and the continuation of limestone flooring from inside to outside helps blur those lines as well.

On the main level, those covered patio accent walls sheathed in horizontal bands of Brazilian Cumaru wood act as the visual opposite to the board-formed concrete and stucco exterior. The swimming pool and separate shallow wading pool are separated by “floating” steps that lead out toward the bay. Here, the limestone platform ends, met by lawns that roll down toward the dock.

This house, of course, is outfitted with an energy efficient air conditioning system, but with the layout and connection to South Florida’s sub-tropical climate, the architect encourages owners – almost subliminally – to turn off the AC, open all the doors and revel in all that nature has to offer. The architect and his team pushed sustainability in this residence with features like a rainwater retention system that cleans and filters rainwater, storing it for use on the property. Low-E film was chosen to cover glazed surfaces, minimizing solar heat gain that in turn, reduces energy consumption. They’ve also installed a roof of high solar reflectivity, another way to minimize heat gain, always an issue in sun-drenched South Florida. In order to address sea level rise and potential storm surge, the home is lifted up on the site and set back over 20 feet from the dock and is protected by a sea wall almost three feet higher than what is currently required by code.

With this property, Fischman has succeeded in creating a sumptuous refuge literally minutes from the more urban aspects of Miami Beach, crafting a residence that takes great pleasure in the natural aspects of its island location. The island’s early 20th century developers would be proud.

Celebrity-Owned Choeff Levy Fischman Design Hits the Market

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Designed by Choeff Levy Fischman, Hibiscus Island’s Casa Ischia is on the market for $29.5 million. The waterfront mansion, owned by Former Formula 1 racer Eddie Irvine, features 7 bedrooms, 7 bathrooms and 2 powder rooms. For Irvine, the concept of indoor-outdoor living was of the utmost importance. Taking advantage of the panoramic views of Biscayne Bay and downtown Miami’s skyline, Ralph Choeff created an interaction between the interior spaces and outdoors. Choeff achieved a tropical-modern vibe by incorporating stained Ipe wood and South American stone throughout the interiors and exterior of the home.

Former Formula 1 racer Eddie Irvine has listed his Miami Beach waterfront mansion for $29.5 million—which means you should race to grab your checkbook before it gets snatched up. Designed by Choeff Levy Fischman, the two-story home—known as Casa Ischia—shows off a tropic aesthetic and modern architecture. Clean lines and sleek overhangs imbue the space with a bit of mid-century-modern appeal, while walls of glass look out to the waterfront and downtown Miami. Large slab-style steps lead across a water feature and into the sunlight-drenched home.

The 10,448-square-foot property features an open-concept layout with seven bedrooms, seven baths, and two powder rooms. Ipe wood and South-American stone give the resort-style residence an understated, inviting feel, and limestone interior walls add a unique warmth to the space. Structural elements were kept thin to maximize vistas of Biscayne Bay. Wood cabinets and a waterfall island star in the gourmet kitchen, while a posh living room with a wet bar makes it easy to entertain guests. The master suite has a second-story balcony overlooking the swimming pool and a glass-encased bath with a walk-in shower, double sinks, and a deep soaking tub. Expansive pocket sliding-glass doors run the length of the property, creating a seamless transition between indoors and out-of-doors.

To read the full story, visit Robb Report.