MIAMI BEACH, Fla. — Plaza Construction has started construction on two more ultra-luxury condominiums for The Related Group. Included are the $187-million One Ocean, in South Beach, Florida, and the $88-million Marea condominiums, also in South Beach.
Totaling $498 million in development costs, Plaza’s four projects now under way for The Related Group also include the new $118-million, 42-story Icon Bay waterfront condominium and located in the heart of Miami’s Biscayne Corridor, and the $105-million, 42-story Millecento Residences by Pininfarina, located in Miami’s Brickell neighborhood.
Slated for completion in 2015, both the seven-story, 275,141-square-foot One Ocean and six-story, 190,654-square-foot Marea will offer extraordinary landscapes interiors. One Ocean, located at the tip of South Beach in the South of Fifth neighborhood, offers curves and attractive interiors. Incredible works of art will create an imaginative space as part of One Ocean’s professionally curated collection of contemporary art.
Marea, also in the South of Fifth neighborhood, will also combine the twin luxuries of art and design. Complementing its 30 spectacular residences, commissioned art installations will transform its private lobby into an exclusive gallery.
Plaza Construction is the recipient of the Contractor of the Year 2013 Award from the American Institute of Architects Miami Chapter. Plaza is known for projects such as the W South Beach hotel and the 67-story Marquis and Canyon Ranch North Tower. In addition to its current four projects for The Related Group, Brad Meltzer, principal and president of Plaza’s Southeast Region, stated that Plaza is also constructing 1 Hotel & Homes South Beach, Starwood Capital Group and Invesco Ltd. and NINE at Mary Brickell Village. In addition, Plaza recently completed the multimillion-dollar Dadeland Mall Kendall Wing Expansion. Plaza Construction bases its southeast regional operations in Miami.
Renderings courtesy of The Related Group.
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