On the scene at One River Point’s sales center debut: PHOTOS

Miami /
Mar.March 24, 2017 10:30 AM

One River Point unveiled its $3.5 million sales gallery last week to more than 600 of Miami’s real estate movers and shakers.

The 60-story twin-tower project at the point of the Miami River, designed by architect Rafael Viñoly, is being developed by Shahab Karmely’s KAR Properties. When completed, it will feature an 85-foot waterfall, a three-story, floating glass skybridge, and a 55th floor, members-only “Sky Club” by Adrian Zecha — with two restaurants, a cigar lounge, wine cellar, screening room, and more.

The two-story, 4,500-square-foot sales gallery, across from One River Point’s site at 24 Southwest Fourth Street, features a media wall with touchscreen options and 3-D glasses offering virtual reality tours of the units, as well as a large-scale model of the project. The space includes a model kitchen and bathroom, as well as videos and a model of the Sky Club.

One River Point would mark KAR’s first project in South Florida. Sales for the 386-unit condo launched in October 2015, and reservations converted to contracts in mid-January. Douglas Elliman is handling sales and marketing. Sales are at more than 10 percent.

The groundbreaking was pushed back to the end of this year, and the project could take about two years to be completed. Records show KAR paid $27.5 million for the 1.8-acre property in 2013. – Katherine Kallergis


Related Articles

arrow_forward_ios
Alex Sapir and Giovanni Fasciano with Arte by Antonio Citterio in Surfside (Photos via Arte by Antonio Citterio/PR Newswire)
Miami penthouse sets cryptocurrency sale record: $22.5M
Miami penthouse sets cryptocurrency sale record: $22.5M
Shahab Karmely, Edgardo Defortuna and Kieran Bowers with Reach and Rise (Getty)
Shahab Karmely, Edgardo Defortuna team up on bulk condo buy at Brickell City Centre
Shahab Karmely, Edgardo Defortuna team up on bulk condo buy at Brickell City Centre
Robert Reffkin and Michael Karp (Compass, Linkedin)
Compass acquires BEX Realty’s Florida agents
Compass acquires BEX Realty’s Florida agents
(iStock)
South Florida resi construction starts soar in March
South Florida resi construction starts soar in March
Eden Multifamily heads Jay Massirman and Jay Jacobson with Cypress Equity Investments CEO Michael Sorochinsky (rendering courtesy of MSA Architects)
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
Judy Dolan of Levy Realty Advisors, Jay Parker and Gus Rubio of Douglas Elliman
Movers & Shakers: Douglas Elliman promotes Florida execs & more
Movers & Shakers: Douglas Elliman promotes Florida execs & more
(iStock)
Home prices across globe hit records, prompting worries of bubble
Home prices across globe hit records, prompting worries of bubble
Steven and Beth Millner with One Thousand Ocean (Patrick McMullan/Getty, Google Maps)
Private equity honcho pays $5M for Boca Raton condo
Private equity honcho pays $5M for Boca Raton condo
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...