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. 
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.
Read more at https://oceandrive.com/why-miami-real-estate-continues-to-thrive
Ugo Colombo along with other “Visionary Developer” Panelists (Source: Haute Living)
The 2016 Miami Luxury Real Estate & Design Summit, hosted by Haute Residence, was held at 1 Hotel & Homes in Miami Beach on Friday, May 13. The networking event included the topmost real estate giants from Miami and it featured the foremost power players of different industries, with four panels: “The Next Generation of Power,” “Power Brokers,” “Visionaries in Design,” and “Visionary Developers.”
Ugo Colombo acted as a panelist for the “Visionary Developers.” This panel included some of the most significant people that can be credited with shaping the city of Miami and converting it into the amazing place that it is today. Ugo Colombo sat on the panel with Gil Dezer, Edgardo Defortuna, Russell Galbut, Camille Douglas, and Carlos Rosso. Ugo Colombo, and each of these visionary developers, have played an important part in forming Miami’s top luxurious real estate.
Read more about the 2016 Miami Luxury Real Estate & Design Summit.
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
Ugo Colombo “insists on quality, and it shows in every project that he takes on,” says an article from JuMiami Real Estate. “He chooses properties with only the very best views of the city and the ocean, and he also insists that his designers use only the highest quality materials.” It is this attention to quality that has given Ugo Colombo his reputation for achieving excellence!
One recent area of excellence is Ugo Colombo’s Brickell Flatiron. Brickell Flatiron, which broke ground in March of this year, is selling units and Ugo Colombo is pleased with this pace. He is certain all Brickell Flatiron units will be sold by the time it opens. It’s “a sign of a healthy market,” says Colombo and it is “his insistence on the best quality is what he believes will help him to sell all of his units at Brickell Flatiron….”
Read more about Ugo Colombo on JuMiami Real Estate
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.”
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.”
Read more about Ugo Colombo on Bisnow
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/
HauteResidence.com is celebrating a month-long global launch of their new website and Ugo Colombo is slated to speak about Miami at their East Coast event.
HauteResidence.com – an exclusive, membership-driven luxury real estate portal – provides homebuyers the opportunity to find their dream havens with the help of some of the world’s leading real estate professionals. The portal will feature one leading real estate agent in each top market across the globe.
On Monday, October 6th, 2014, Haute Residence hosted a groundbreaking Real Estate Summit in Los Angeles. The following day welcomed a number of slated events including a symposium co-sponsored by Westime and Coldwell Banker International which was held at Soho House L.A. Topics of discussion included the difference between representing foreign versus local clientele, the impact of the Internet on the real estate industry, and the use of social media as a marketing tool.
The second exciting roundtable that Haute Residence will be hosting this fall will take place in New York on October 21st at The Core Club in Manhattan. The event will be moderated by Fox Business Network and wil host Lifetime Achievement Award winner Richard LeFrak along with Ugo Colombo, Kevin Maloney, Edgardo Defortuna, and Don Peebles. This East Coast event will feature a candid discussion that will be centered upon the Miami lifestyle, investment opportunities, and the past, present, and future of the city’s real estate market.
Ugo Colombo and other top Miami real estate experts met at the first “Haute Living Real Estate Summit,” held at the W South Beach Hotel.
Developer Ugo Colombo, President of CMC group and one of the first developers to start working in Miami, gave a quick synopsis of the past Miami development phases. In the 80’s, it was houses; 90’s saw waterfront condos; 2000 was the boom, and now 90% of Miami is developed on the waterfront. For new opportunities, developers need to look at interior pockets of land.
The Summit also discussed how Miami needs to expand the activation of green spaces, as well as address parking issues. Broker Jorge Uribe said, “Miami has reinvented itself. We are no longer just about sun, but now have an art scene, gastronomic movement, schooling and astronomically improved quality of buildings.” Miami seems to be a location that attracts people from around the world to come and own real estate, and is viewed as a safe haven for many seeking a place to live the ultimate lifestyle.
Read the full article at: http://www.huffingtonpost.com/hope-gainer/pros-paint-rosy-picture-o_b_3938808.html
The biggest names in Miami real estate came out to participate in the Real Estate Summit Miami 2013, hosted by Haute Living. As part of interactive round table discussions, experts like Ugo Colombo gave their take on Miami’s red-hot real estate market. Topics ranged from improving the cities green space to the influx of celebrity architect designed buildings.
After a sumptuous lunch for the brokers, developers, and attendees, there was a quick presentation of Beach House 8, a luxury, eight-unit condo project designed by Arquitectonica, and developed in collaboration of Ugo Colombo and Morabito Properties.
For more information and photographs of the event, visit Haute Living’s Real Estate Summit Miami 2013’s site at http://www.hauteresidence.com/haute-livings-first-annual-real-estate-summit/