Source: The Real Deal
Ugo Colombo’s CMC Group has recently confirmed their purchase of an office condo building in Coconut Grove.
“CMC Group has a long track record of owning income generating properties, with The Collection luxury car dealership, 4000 Ponce de Leon Boulevard and 1550 Biscayne Boulevard being prime examples,” said Ugo Colombo, founder of CMC Group. “Our acquisition of 2950 Southwest 27th Avenue in Coconut Grove is the newest addition to our commercial portfolio. The property is 100 percent occupied with a roster of users including Revuelta Architecture and Douglas Elliman. We love the building’s central location, high quality tenant mix, and access to US-1 — and we have no plans to redevelop the site at this time.”
The building includes 40,000 square feet of rental space and 148 garage parking spaces. The former office condo owners will now lease back their space, CMC said. The building is located on the recently upgraded Southwest 27 Avenue, close to the central business district of Coconut Grove.
“In the end, we were fortunate to be dealing with knowledgeable buyers and sellers. This transaction will prove to be a good deal for both sides, and further support the value of owning in Coconut Grove,” says Otto Travieso of Real Capital Partners who helped to negotiate the sale.
Read more Ugo Colombo’s purchase of Coconut Grove
Ugo Colombo recently sat down with Orlando Montiel for the Miami Real Estate Show to discuss some of his professional accomplishments, his pioneering role in the Miami landscape, the future of the Miami real estate market, how technology influences development, and more.
Ugo Colombo played a pioneering role in developing some of the most luxurious buildings in Miami including Bristol Tower, The Santa Maria, Grovenor House, Porto Vita, Epic Residences & Hotel, and Brickell Flatiron.
Some of Ugo Colombo’s professional accomplishments include:
- Redeveloped two of Ocean Drive’s most important Art Deco hotels: The Waldorf & Casa Grande.
- Helped to redefine the luxury condominium market in South Florida.
- Acquired one of the top performing luxury car dealerships in U.S.A. The Collection.
During this interview Ugo Colombo discusses:
- How to exceed what your competition is doing
- What aspect to put in practice when developing a project.
- How technology influence residential and commercial developments.
- The future of the Miami Real Estate market.
Watch the full interview with Ugo Colombo
High-rise buildings began in Miami with the 1925 completion of the 255-foot Freedom Tower. From the mid-1990s through the late 2000s, Miami experienced the largest building boom in the city’s history. As a result, only two of the city’s 25 tallest buildings were completed before the year 2000, and Miami has one of largest skylines in the United States. The boom, of course, ended in 2008 when the real estate market crashed, but now a new wave of high-rise development is beginning to gain momentum.
Source: Forward Florida
Ugo Colombo’s Brickell Flatiron is a substantial part of this new growth. The 64-story glass skyscraper is now in its’ final planning stages with roughly 40 percent of units under contract. Construction is scheduled to start by year-end on the project, which is slated to have 548 condos with wide, curving terraces, and 35,000 square feet of ground-floor restaurant and retail space.
Ugo Colombo is intent on making more history in South Florida with his Brickell Flatiron and Miami is welcoming this new chapter in their history.
Read more at http://forwardflorida.com/florida-news/whats-up-in-miami/
The mission of Coral Gables Museum is to celebrate, investigate and explore the civic arts of architecture and urban and environmental design, including fostering an appreciation for the history, vision, and cultural landscape of Coral Gables.
Their City Trekker Camps explore the City of Coral Gables. The young campers visited Ugo Colombo’s THE COLLECTION on a field trip earlier this summer and learned more about each of their favorite brands.
Source: Ocean Drive
Ocean Drive recently sat down with Ugo Colombo to discuss his latest project, the 64-story Brickell Flatiron that will soar 700 feet, have a rooftop pool, spa, and fitness center, include artwork by Julian Schnabel, and will have an unobstructed 360-degree views over glistening Biscayne Bay and downtown Miami.
Marcelle Sussman Fischler begins by discussing Ugo Colombo’s CMC Group and his history of successes in Miami including Epic Residences & Hotel; the Bristol Tower on Brickell Avenue; the posh Santa Maria; Aventura’s chic Porto Vita; and The Collection, his seven-brand luxury automobile dealership.
Fischler asks Ugo Colombo about his ethos when conceptualizing a development, the influence of the Miami culture on design, and his thoughts on the supposed real estate bubble. Fischler also specifically asks Colombo about his passion for Brickell Flatiron.
“I always thought what you see happening now [in Brickell] would eventually happen,” begins Colombo. “This is a little piece of New York inside Miami. You are in an area where you are walking distance to go to work, you have access to tons of restaurants, you have access now to department stores and a bit of retail within a few blocks. You have the best restaurants, all moving to this area. You have access to the Metrorail, and you have access to the offices in the Financial District.”
Learn more about Ugo Colombo and Brickell Flatiron in this Ocean Drive article
Source: Miami Herald
In a recent Miami Herald piece, Ugo Colombo explains why the designs of his projects are all about the details.
“The Italian-born developer oversees nearly every inch of his projects,” the article begins “from the intricate mosaics at the Collection, a luxury car dealership in Coral Gables, to the porthole-shaped windows that adorn Grovenor House, a 32-story condo tower with a nautical theme in Coconut Grove.”
Architect Luis Revuelta, who has worked with Ugo Colombo and CMC Group for 25 years says Ugo Colombo “…insisted on importing Venetian stucco, Italian kitchen fixtures and Azurelite glass,” for the famous Bristol Tower that was built in 1993.
Ugo Colombo is continue his hands-approach – and attention to detail – in his latest project, Brickell Flatiron. “’In order to really pay attention to what I’m doing, I need to work out a floor plan and personally look at what side each door swings and be happy with the column placement and how the whole building flows and functions,’” says Ugo.
Developer Alan Ojeda says Ugo Colombo “…invests so much time personally. We all pay attention to detail, but with Ugo it’s an exquisite attention to detail, a real passion.”
Read more about Ugo Colombo in this Miami Herald piece
Downtown Miami’s hottest neighborhood celebrates a true architectural icon. Brickell Flatiron is an urban oasis developed by Ugo Colombo and designed by Luis Revuelta. The tower of soaring glass, defined by sweeping exposures, enhances the skyline with persuasive curves. Renaissance-revival interiors contrast the powerful structure proposing a romantic allure.
Now you can explore all the beauty of Brickell Flatiron on the official Brickell Flatiron website. The extensive website includes a photo and video gallery, floor plans, information about various Brickell Flatiron amenities, a price list, and much more.
Learn more about Brickell Flatiron on the Brickell Flatiron website today!
The National YoungArts Foundation – and its corporate partner Brickell Flatiron – recently held a panel that discussed the importance and influence of art across various industries. Featured panelists included luxury Developer Ugo Colombo, Philanthropist Sarah Arison, Managing Director with Deutsche Asset & Wealth Management, Oti Roberts, and Senior FIU Fellow Cathy Leff. The discussion was moderated by art aficionado Kathryn Mikesell.
Left to right: Ugo Colombo, Cathy Leff, & Oti Roberts
The National YoungArts Foundation identifies and supports the next generation of artists in the visual, literary, design and performing arts; assists them at critical junctures in their educational and professional development; and raises appreciation for the arts in American society.
Ugo Colombo’s CMC Real Estate is developing Brickell Flatiron, at 1001 South Miami Avenue. Ugo Colombo filed a declaration of condominium for the project in November and CMC bought the property in October 2013. Brickell Flatiron will have 552 units and the building will include 40,000-sq ft of retail space, featuring restaurants, shopping, and a modern lobby, all designed by renowned artist, Julian Schnabel.
Read more about Ugo Colombo and this National YoungArts Foundation event
One of the biggest galas of the season — the Doctors Hospital “ThunderBall” Gala — took place last month. Ugo Colombo’s THE COLLECTION was proud to be a sponsor again this year and they provided the event with a multitude of Porsche displays which included the Macan Turbo, Porsche Boxster GTS, Panamera S E-Hybrid, Cayenne Turbo, Carrera 4 GTS Coupe and the 911 GTS.
The fourth annual Doctors Hospital Gala event followed the legendary James Bond: 007 theme and inside the FIU Arena, the Porsche 911 Turbo was on display and in full theme as it featured the iconic “ThunderBall” logo on the hood.
The evening featured a live performance by Grammy-winning artist Sheena Easton. The Scottish-born pop is best known for hits “Modern Girl” and “Nine to Five.” Easton is also applauded for Academy Award-nominated James Bond movie theme for “For Your Eyes Only” — which was fitting for the night’s James Bond theme.
Read more about the Thunderball Gala
Avengers: Age of Ultron hit theaters last month and to celebrate the highly-anticipated film Ugo Colombo’s THE COLLECTION invited its Audi enthusiasts to a private screening. Guests were treated to a private theater and complimentary concessions of their choice.
The highly-anticipated film features the next generation 2016 Audi R8, 2015 Audi TTS and the 2015 Audi A3 Cabriolet vehicles alongside the next generation of Avengers characters. The all-new 2nd generation R8 and 3rd generation TTS have, like the Avengers themselves, become icons in popular culture. The R8, which made its initial debut in Iron Man, returns as an even more powerful supercar, while the iconic Audi TTS makes its big screen debut as a completely redesigned coupe.
Loren Angelo, Director of Marketing for Audi of America, says, “After eight years of successful partnerships with Marvel, Audi aligns with the evolving narrative of the Tony Stark character to showcase the all-new, re-designed 2016 R8. Having been part of the character’s storyline for the past three Iron Man films, it is a perfect fit for Audi to return in Marvel’s Avengers: Age of Ultron with Tony Stark driving the iconic supercar in its next generation.”
Read more about THE COLLECTION Audi VIP Screening