Tag Archives: CMC Group

The Audi A5 Sportback

Finally arriving in the US after finding success in Europe, the Audi A5 Sportback is here. It feels like a condensed version of the Audi A7, but based on the design of the A4 sedan. It’s a blend of the best parts of a coup and a hatchback, with a roomy interior and lots of power.

The engine is turbocharged with a two-liter engine with 252 horsepower, taking it from 0 to 60 in 5.7 seconds. The Quattro all-wheel drive feature enhances handling in addition to active torque distribution in the rear axle.

One of the best parts of this 2018 Audi is the technology featured throughout the vehicle. The virtual cockpit has endless possibilities for customization, with a seven-inch infotainment system with elements for navigation, audio, and Apple CarPlay and even Google Earth. The engine is packed with a seven-speed dual clutch automatic, so shifting in most traffic settings can be done with foot controls.

The Audi A5 model went on the market in May 2017, and tested to have an observed 29 mpg fuel economy. The exterior is gorgeous, and the interior is ergonomic. This Sportback is a great mix between a coupe, sedan and hatchback. This model can be found at Ugo Colombo‘s The Collection in Coral Gables, Florida.

Read more about this model in Auto Week.

New Miami Real Estate Study: Where to Invest

The polling firm Bendixen & Amandi International and the Miami Herald conducted a survey in June of 2017 to evaluate the current state of the Miami Real Estate market. The survey was focused on the mid-range market, so luxury real estate agents’ perspectives were less of a focus–an interesting move, being that the luxury market is bustling in Miami.

The survey was based in the idea that the best investments in Miami real estate lie in appreciating property values. They found that the hottest neighborhood in Miami is Miami Beach. Specifically, Miami Beach is the best place to purchase an apartment, and the best neighborhood for young professionals.

If you are in the market for a single-family home, the research suggests that the best investment would be found in the Coral Gables area. Another notable mention is the Brickell area, which a survey respondent (a real estate agent or broker) said was “one of the hottest areas for millennials”.

Interestingly, the most undervalued neighborhood is Homestead, which is known for gated communities, new restaurants and shopping, as well as the Homestead Hospital. They believe the next emerging market, with a good ROI over the next five years, is Little Havana.

Overall, the survey revealed that 36% of respondents believe real estate values in Miami-Dade County will appreciate, and 73% believe that now is the time to own, rather than rent.

Ugo Colombo has helped shape the Miami real estate market as a commercial and residential developer. Starting out in the Brickell community, Ugo also had a huge stake in redefining the market in South beach by rejuvenating the Waldorf and Casa Grande.
To read more about this study, visit The Miami Herald.

Ugo Colombo speaks at the ULI Southeast Florida/Caribbean Miami Condo and Community Development Symposium

In November 2016, Ugo Colombo and other industry veterans took part in a 3-panel event at the Urban Land Institute’s Southeast Florida/Caribbean Miami Condo and Community Development Symposium, held at the Brickell City Centre. Ugo Colombo has been credited with igniting the Brickell area’s condo boom.

According to the ULI, “Most agree that Miami offers a lot of advantages to both developers and buyers alike. A favorable tax climate, a surplus of underdeveloped land and a sexy, high-end image as a global city attracts plenty of luxury consumers to its shores.”

With new condos coming to market soon, it’s important for developers to differentiate their properties from others. Brickell Flatiron, the new development from Ugo Colombo and CMC Group, was designed by Luis Revuelta to be a tower of soaring glass, enhancing the skyline with persuasive curves, while the interior offers a renaissance revival that contrasts the powerful structure.

Inside this sleek high-rise, Italian interior architect Massimo Iosa Ghini combines sleek glass walls and curved lines to create a sense of movement – welcoming residents upon arrival with warmth, light, and precious stone. Exquisite design paired with fine art creates a masterpiece gallery for residents to enjoy.

Learn more about Brickell Flatiron and all of the features and amenities at http://brickellflatiron.com/

Read more about the Miami real estate market at http://urbanland.uli.org/development-business/access-public-spaces-waterfront-locations-driving-healthy-luxury-condo-market-south-florida/

Miami Real Estate Gaining Momentum

Despite real estate prices falling in many parts of the country, the Greater Miami real estate market in August posted gains in both volume and median prices for single-family homes. The Miami Downtown Development Authority reports that the area is experiencing growth, and the population should surpass 100,000 by 2021. [1]

Ocean Drive Magazine reports on some of the reasons that the Miami real estate market continues to thrive, including speaking with Ugo Colombo.

One of the reasons is that international buyers are interested. Miami is more accessible by air, and strengthening currencies in some countries gives international buyers more purchasing power. Ugo Colombo told Ocean Drive that he’s seeing buyers from Latin America, Europe, Turkey and even Kazakhstan.

Of course, the best thing about the Miami real estate market is that it’s in Miami. Between the weather, beaches, and the lifestyle, Miami is a great place to live.

[1] http://www.miamidda.com/business_research_current.asp

Ugo Colombo’s Brickell Flatiron Retail/Restaurant Space Under Contract

Part of Ugo Colombo‘s under-construction Brickell Flatiron building located at 1001 South Miami Avenue in Miami includes 24,800 square feet of retail and/or restaurant space on the ground floor. The rest of the building will house 549 condo units, and construction is expected to be completed by 2019.

The retail/restaurant space is now under contract for $22.5 million by Elysee Investments, a firm which owns and manages a portfolio of commercial properties in both
New York and South Florida. The space includes high ceilings and will be attractive to some of the best restaurants in the world.

The Brickell area is seeing an infusion of new shops and restaurants, between the Brickell Flatiron space, Brickell City Centre, and other properties. Ocean Drive magazine says that “Brickell is now, unequivocally, the center of Miami. It is the heart of the city’s financial, residential, and soon, commercial, universe.”

Ugo Colombo Sells Beach House 8 Units

Source: South Florida Business Journal

The 10-story Beach House 8 contains sophisticated, luxury Miami beach-front condos designed by the Miami-based Arquitectonica. They feature 5000 square feet of living area expansive terraces located in the heart of Miami, and the building includes a fitness center, pool and 24-hour concierge.

Ocean Grande Properties, a joint venture between Ugo Colombo of CMC Group and Valerio Morabito of Morabito Properties recently sold the fourth- and fifth-floor units to a single buyer, Beach House 500 LLC.

BH4 is the larger of the two units. It has 1,049 square feet of exterior space and 3,783 square feet of interior space. BH5 has the same interior layout of BH4, but has a slightly smaller terrace. Both units have four bathrooms and four bedrooms. That price tag for the units combined equates to about $1,735 per square foot.

The sale of BH4 and BH5 follows the $14 million deal by Mario Garnero for the penthouse. Garnero is chairman and principal shareholder of the financial firm, Brasilinvest Group. The penthouse has more than 6,000 square feet of outdoor living space and includes a private pool.

Ugo Colombo: Miami Mover

Source: Indulge

In the “Spring Home Edition” of Indulge, Ugo Colombo is named as one of the people who move Miami.

In this interview with Ugo Colombo he discusses his first paying job, his philosophy on building, his greatest accomplishment (Bristol Tower), his thoughts on trying new things, and he reveals something many people don’t know about him (he doesn’t consider himself an extrovert).

As a mover in Miami, Ugo Colombo also shares his views about the evolution of Miami saying:

“In Miami 30 years ago, there was nothing….But I saw the potential of the location. I always believed Miami would grow and become a major metropolis because of its proximity and appeal to Europe and Latin America. We just needed to build the infrastructure for people to come. Today, Miami is probably surpassing the quality of life in Los Angeles.”

Learn more about Ugo Colombo is this edition of Indulge

Source: Indulge

Groundbreaking for Ugo Colombo’s Brickell Flatiron

Ugo Colombo and Brickell Flatiron Groudbreaking

Source: World RedEye – From left to right (Alejandro & Jorge Salazar, Patricia Alfonso, Christopher Suarez, Veronica Cervera, Carlos Gimenez, Ugo Colombo, Lyda Juliao, Karen Elmir, Jessica Juliao, Nelson Rios, & Nickel Goeseke)

Ugo Colombo’s latest endeavor, Brickell Flatiron, held its official groundbreaking ceremony this month.

Brickell Flatiron will be a 549-unit residential tower located in Miami’s Brickell Financial District. It will have 64 stories and will become one of the tallest residential buildings in the United States. Units will range from having 1-5 bedrooms and will the prices will range from $500,000 to over $14 million.

Ugo Colombo partnered with New York artist Julian Schnabel, architect Luis Revuelta, and master Italian designer Massimo Iosa Ghini to help make Brickell Flatiron a one-of-kind living environment.

Ugo Colombo and the Next Architectural Age

Bisnow is always “intensely curious about commercial real estate” and they’ve recently spent time with Ugo Colombo to explore their shared curiosity about the next wave of architectural changes.

“For the last 25 years, Ugo Colombo has been known for introducing a sleek glass look and European flair to Miami condo buildings,” the Bisnow piece titled “Ugo’s Next Big Thing” begins. “Now he’s about to create another seismic wave.”

And what is the next wave? Consider Ugo Colombo’s latest project: Brickell Flatiron and all of its curves! Ugo Colombo is “…ready to break ground for the 64-story Brickell Flatiron, featuring accentuated curvilinear shapes, and floors with different forms and detail intersecting each other on alternating levels” the article notes. “[T]he way we see it, Miami is on the verge of transcending the Glass Age into the Wavy Age or…the Curvaceous Age.”

Source: Bisnow

Brickell Flatiron architect, Luis Revuelta, discusses how the building is meant to have a “kinetic feel,” one that gives onlookers a sense of movement. “[O]n the eastern side facing the bay, Luis says it will look like the wind from the water is hitting the building, and on the side facing the city, lines will purposely be flatter and more linear.”

While the Curvaceous Age is soon upon us, Ugo Colombo reminds us that form should never completely trump function. “[I]t’s not so simple as designing it to look cool—it also has to be functional, and Ugo is known for the highest-quality interior finishes and design. A building is ‘lived from inside,’ he likes to say, and structures shouldn’t interfere.”

New Renderings of Ugo Colombo’s Brickell Flatiron

The Real Deal posted an article about the new renderings of Brickell Flatiron earlier this month. They discussed how this 64-story tower is being designed by Italian designer Massimo Iosa Ghini, along with architect Luis Revuelta.

“Ugo Colombo’s CMC Group is the developer behind the 549-unit project,” they report. “It’s more than 50 percent sold, according to a spokesperson. Units range from one bedroom to five, and start at $465,000. When completed, Flatiron will feature a rooftop sky spa and a lobby with amber, gray and marble stucco walls. Amenities include private steam, sauna and locker facilities, a 6,300-square-foot gym, glass elliptical balconies, Italian finishes and German appliances…”

Source: The Real Deal (Brickell Flatiron lobby, Credit: Andy Frame)

See all the renderings of Ugo Colombo’s Brickell Flatiron