Closings underway at One Thousand Museum, where first unit sold for $5M

The tower is at least 60 percent sold, according to multiple reports

TRD MIAMI /
Jul.July 25, 2019 04:30 PM
The owner of the popular Lakay Food brand buys unit at One Thousand Museum

The owner of the popular Lakay Food brand buys unit at One Thousand Museum

Closings are officially underway at Zaha Hadid’s One Thousand Museum.

The first sale was recorded in Miami-Dade County records on Wednesday, a few weeks after the building received its certificate of occupancy.

Noval Florida Holdings paid $5.3 million for unit 2301 at the luxury condo development at 1000 Biscayne Boulevard, records show. Noval Florida Holdings is managed by Fritz Dupuy and lists its registered agent as Christopher Dupuy.

Christopher Dupuy is the founder of Pals Group, which owns the popular Lakay Food brand. Lakay Foods is a manufacturer of cornmeal, flours and cereals, cassava bread, canned seafood, canned tomato paste, beverages, rice and beans.

Developers Louis Birdman, Gilberto Bomeny, Gregg Covin and Kevin Venger, along with the late Hadid, broke ground on the 62-story, 84-unit luxury condo tower at 1000 Biscayne Boulevard in December 2014. Todd Michael Glaser is also a partner in the project.

The developers recently tapped Lotus Capital Partners to arrange a $331 million condo inventory loan for the building, according to an email obtained by The Real Deal. Offers were due in mid-June.

The building, Hadid’s first and final residential project in the western hemisphere, is known for its exoskeleton, which incorporates 4,800 precast panels made in Dubai and shipped to Miami. The complicated construction was featured on PBS’ “Impossible Builds” series. Plaza Construction was the general contractor.

Hadid was known for her sinuous, curvaceous designs that pushed the limits of building shapes. The Pritzker Prize-winning architect died in Miami Beach in 2016, after suffering a heart attack while being treated for bronchitis.

The tower is at least 60 percent sold, according to multiple reports. Harvey Daniels of One Sotheby’s International Realty is the sales director. Half-floor units start at $5.8 million and full-floor residences go up to more than $24 million. Artefacto, B&B Italia, Roche Bobois, Meridiani, Luxury Living Group and Morada Haute Furniture Design are completing the interiors of some units, according to a release.

One Thousand Museum will include a rooftop helipad, a wellness center with a gym and yoga facilities, relaxation pods and spa rooms, a sky lounge, a bank vault, a multimedia theater, an off-site beach club and 8 Juice Bar by Raw Republic.


Related Articles

arrow_forward_ios
Four Seasons Residences at the Surf Club in Surfside

Miami condo sales go up, but dollar volume falls

Miami condo sales go up, but dollar volume falls
Map of condo sales and the Surf Club Four Seasons (Credit: Google Maps)

Down again: Miami condo sales declined last week

Down again: Miami condo sales declined last week
Map of condo sales and Grove at Grand Bay at 2675 South Bayshore Drive (Credit: Google Maps)

Miami condo sales rise in first week of September

Miami condo sales rise in first week of September
Map of priciest condo sales and One Bal Harbour (Google Maps)

Condo sales rise, but dollar volume falls again in Miami-Dade

Condo sales rise, but dollar volume falls again in Miami-Dade
Map of priciest condo sales and One Thousand Museum (Credit: Google Maps)

Miami-Dade condo sales rise while dollar volume falls again

Miami-Dade condo sales rise while dollar volume falls again
Map of priciest condo sales and Turnberry Ocean Colony (Credit: Google Maps)

Condo sales rise, but dollar volume falls in Miami-Dade

Condo sales rise, but dollar volume falls in Miami-Dade
Map of priciest condo sales and Bayview Fisher Island (Credit: Google Maps)

Weekly condo sales fall again in early August

Weekly condo sales fall again in early August
Map of priciest condo sales and 321 Ocean (Credit: Google Maps)

Miami’s condo market rebounds, led by $22M sale at 321 Ocean

Miami’s condo market rebounds, led by $22M sale at 321 Ocean
arrow_forward_ios

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

Loading...