There is no place like home when it comes to designing a successful mixed-use housing project, according to Yizak Toledano, founder and CEO of Aventura, Fla.-based Sky Development. Toledano's latest project is in his own backyard: City Park Aventura, a 7.4-acre project of 53 townhomes and 51 condominiums and penthouses along with retail, offices, and a 16-story hotel.
“We are based here, so we understand the market,” Toledano says. “Having the knowledge of being a local business owner makes my life easier because I know the city needs something like this.”
The residents seem to agree. The $180 million project already has a waiting list of 600 buyers for the 104 units that will go on sale in October.
Toledano credits the demand with the lack of supply: There are no other units in Aventura's pipeline. But he also commends the look of the project, which was designed by Bernardo Fort-Brescia, founder of Miami-based Arquitectonica.
Fort-Brescia used compositions of solid and glass on the building façades. He staggered hotel windows to create an informal atmosphere for the hotel while using monumental glass openings to give the offices a corporate feel. The housing employed a “more playful arrangement of balconies and windows,” he said in an e-mail.
The housing will be built in the second phase of the project, scheduled for early 2008. Residents will be able to move in by mid-2009, Toledano says. For information, call 305-682-1212, or visit www.cityparkaventura.com.
Monument Realty is developing Silverline, a 90-unit ski-in/ski-out condo community at the base of Mountain Village in Telluride, Colo. The community, designed by Gray, Watt, and Partners, will offer studio through seven-bedroom units ranging in price from $515,000 to more than $10 million. Units will feature heated flooring in the bathrooms, Kohler soaking tubs, home automation systems, wet bars, and terraces and balconies with hot tubs. Amenities will include a fitness center and yoga room, rooftop pool, hot tub, theater, media room, game room, business center, concierge services, and ski servicing in a 2,500 square foot clubhouse with custom lockers, boot dryers, and a lounge.
North Main Apartments has opened North Main Village, a 97-unit community in downtown Milwaukie, Ore., designed by Myhre Group Architects. The community includes a mix of condos, apartments, townhomes, and commercial/retail space in a total of six buildings. North Main Village developed the for-sale component. A community plaza in the center of the development features a rain garden, landscape swales, and local artist sculptures. This is the first project to be developed as part of the new Downtown Milwaukie Comprehensive Plan with the goal of revitalizing the historic downtown core.
JPI East, a division of JPI, is developing Jefferson at Dulles Station, a 448-unit, mixed-use apartment community in Herndon, Va. The property will be located in Dulles Station, a 63-acre mixed-use town center with 2.7 million square feet of residential, hotel, and office space. The community will include 28,600 square feet of retail space plus more than 9,000 square feet of amenity space to include a fitness center, pool, pub, and movie theater. In nearby Washington, D.C., JPI demolished a strip club and dilapidated rowhouses to make room for a 13-story tower, the third of four planned apartment buildings in the Capitol Yards neighborhood. When completed, Capitol Yards will add more than 1,325 units to the district's riverfront neighborhood.
Anbau Enterprises is developing Harsen House, a 22-unit green community in New York City's Upper West Side. The 16-story project, which is slated for LEED certification, is being designed by BKSK Architects. The two-and four-bedroom units will include private elevator entrances, floor-to-ceiling windows, outdoor terraces, gas fireplaces, and Miele appliances. Green features will include oak hardwood flooring certified by the Forest Stewardship Council, ducted kitchen hoods that vent directly to the exterior, and energy-efficient windows. Occupancy is expected for spring 2008.
Bosa Development is developing Radiance at Mission Bay, the 99-unit first phase of a 417-unit, two-phased condo community in San Francisco. Unit sizes range from 850 square feet for a one-bedroom to up to 1,850 square feet for a multi-level town-home. Units will feature European-style kitchens, decks and balconies, and 9-foot ceilings. Amenities will include a fitness center, a lounge with a kitchen for resident events, and a garden with a barbecue and fire pit.
White Acre Equities has opened University Place, a 120-bed student housing community in the Kensington section of Brooklyn, N.Y. The community serves students at nearby schools including Brooklyn College, Brooklyn Law School, Pratt Institute, and Brooklyn Polytech. The furnished units include twin-sized beds, televisions, nightstands, desks, and bureaus. A communal lounge offers a large-screen TV, pool table, and kitchen. Monthly rents range from approximately $900 to $1,000.
Kettler is developing The Gramercy at Metropolitan Park, a 399-unit apartment community at Pentagon City in Arlington, Va. The project is the first to grace Metropolitan Park, which is planned as a 10-building residential neighborhood organized around a 2.5-acre park. Designed by Robert A.M. Stern Architects, the base of the building will be faced with light-colored brick with a cast stone water table and intricate sculptural detailing. Above, a red brick field will be accented with light brick and cast stone, creating vertical and horizontal rhythms and motifs to break down the scale of the building. Rents range from $1,600 to $6,600, and units are scheduled to open this fall.
Stillman Development International and Antonio Development are developing The Centurion, a 48-unit luxury condominium community in New York City. The 19-story project is the first ground-up condo designed by Pei Partnership Architects and I.M. Pei. The one-to four-bedroom units, including 13 terraced residences and three pent-houses, are priced from about $1.9 million to more than $10 million. Amenities will include an extensive lobby where an outdoor water garden will be visible through a glass wall, concierge services, fitness center, and a 24-hour attended garage. Occupancy is expected for early 2009.
—Listings compiled by Rachel Z. Azoff