Tag Archives: ugo colombo cmc group

Real Estate in Miami: Recipe for Success

Real Estate is an instrumental part of the growth of the economy, especially in Miami. Ugo Colombo foresaw this evolving era when he began investing in Miami real estate in the 1990’s. Since the 1990’s, the population and real estate opportunities in Miami have exploded, and Ugo Colombo continues to take advantage of these opportunities today.

Why the Miami Real Estate Market Has Grown

According to an article written in Forbes, “the sunshine state continues to be a popular place to call home.” Since the housing market is booming, many people are purchasing their forever homes in Miami, Florida. The luxury of owning beachfront homes is driving more and more residents to the Sunshine state, specifically Miami. Since Florida does not have state income taxes and the economy is thriving, many people feel a direct, positive influence on their financial situation after moving there. This international hotspot is home to world-leading events, and to those who crave luxury, the beginning of their best life. The nightlife and gorgeous scenic beaches make for two convincing reasons to invest in real estate properties. In addition to the high-end living conditions in Miami, incredible architectural properties are also on the market for those interested in a historical living space. Miami is the epitome of elegance and extravagant living and that is why investing in properties is key for those looking to achieve a lavish life.

Learn more about Italian-born real estate developer Ugo Colombo, CMC Group President.

The Influx of Miami Residents

Many people compare living in Miami to a dream and they’re not wrong. Miami’s climate, entertainment opportunities, and atmosphere make it a gold mine for residents. Miami also offers no income, inheritance, or estate taxes. On top of these benefits, Miami has several other amenities that are very hard to turn down when looking to invest in real estate.

The Gold Mine of Real Estate

Ugo Colombo saw these instrumental strengths of Miami back in the early 1990’s when he began investing in real estate. According to All American Moves, “most people love Florida and would move to Miami without a second thought.” Often referred to as the “Magic City”, Miami is attractive to all demographics due to its contagious, lavish culture, spectacular beaches, and wide assortment of entertainment and it is arguably one of the best nightlife scenes in the United States. The glitz and the glamour are everything it is made out to be and that is why people hone in on this luxurious Miami lifestyle. In general, Miami is not just seen as a good investment opportunity, but it is seen as a location where people can live a good life, and this may be why there has been a rise in residents. What’s stopping you from sipping freshly squeezed orange juice in the Sunshine state? Your dream home could be waiting for you in Miami.

Learn more about Italian-born real estate developer Ugo Colombo, President of CMC Group.

Ugo Colombo’s Miami Real Estate

Ugo Colombo has been busy advancing his real estate development efforts throughout Miami. Recently, Ugo Colombo’s CMC Group, along with Valerio Morabito, bought the Bay Harbor Continental site. Though a decision has not been announced on what development to this coastal site will entail, it was previously approved for a seven-story upscale condominium tower by its former owner. Prior to this project, Ugo Colombo and Valerio Morabito worked to develop a building known as Beach House 8 in Mid-Beach. This condominium tower stands ten floors tall and was completed in 2014.

An exciting update on one of the CMC Group’s other projects is at the Miami’s Brickell Flatiron Residential Tower. The grandeur of this building is stunning, with 64 floors of elegance that will be one of the United States’ tallest residential towers. The collection of penthouses on floors 50 through 64 will provide residents a top-tier experience, from exquisite furniture, to lofty ceilings and unreal views–and there are still units available.

In addition to spectacular real estate development, Ugo Colombo owns The Collection, Miami’s premier luxury car dealership. It was recently announced that The Collection would be expanding their product offerings to include Land Rover, located nearby the original location in a deal negotiated by Ugo Colombo and the CMC Group. Ugo Colombo remains a prominent figure in Miami through his impact on the Miami skyline over the years. With no end in sight, residents of Miami and Coral Gables look forward to seeing more of the luxurious side Ugo Colombo has been able to bring out of Miami.

Why Change a Maserati?

The Maserati GranTurismo hasn’t changed significantly over the past ten years, but with such a beautiful design concept, it’s no wonder there hasn’t been much to change. The 2018 GranTurismo Sport is an energizing car, even with an aggressive feel. The iconic oval radiator grille helps cool the front breaks, but also looks distinguished. This car’s design is all about maximizing airflow management, the side skirts give it an iconic profile while also whisking airflow toward the rear wheels.

This machine was released with a Blu Sofisticato finish, a color unique to this particular car. Aside from the build of the exterior, this blue enhances its power. The 20-inch rims are also available in a custom anodized matte blue, called Blu Opaco Anodizzato.

Another small change Maserati made was around the interior, on the Trofeo design steering wheel. This wheel has a contoured rim to make it easier to grip when you approach top speeds of 187 mph. With a 0-60 speed of 4.7 seconds, it’ll be hard to resist speeding down stretches of highway.

The 4.7- liter V8 engine is smooth and formidable, finished with tappets and camshaft lobes that has significantly reduced friction. This engine roars at 454 horsepower at 7,000 rpm. Shift into Sport mode and actuate the valves in the exhaust system so the engine breathes easier to optimize power. With 384 lb-ft torque, power is delivered.

For more information about this new model, visit AutoWeek. To get your hands on a Maserati GranTurismo, and many other exclusive models, visit Ugo Colombo’s The Collection in Miami, Florida.

 

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’s Condo Market is Booming with Ugo Colombo

Brickell Flatiron Rooftop Ugo Colombo

The condo market in Miami is flourishing, the projections for new condo units being built has skyrocketed with 1,825 units expected to be completed in 2015 compared to the 33 units completed in 2013.  As with anything, this means that the prices are increasing.  It is estimated that units currently under construction cost about $500 a square foot, but projects that haven’t started yet, are averaging $600-$650 a square foot.  This is especially true for sites on the waterfront because the spaces are all filling up.  Most of these projects are luxury condo towers rather than office spaces or lower cost condos.

An important piece of this rise in the condo market is real estate developer Ugo Colombo.  Most recently, Ugo Colombo is in the process of proposing the building of a second Brickell tower on Brickell Ave, very close to another one of his projects, the Brickell Flatiron.  This second Brickell tower is expected to be extremely luxurious as with all the other buildings Mr. Colombo has undertaken.  The Brickell Flatiron will have over 500 condo units at 700 feet tall.  Some other projects that Mr. Colombo has developed are the Grovenor House in the Coconut Grove community in Miami as well as Bristol Tower and the Santa Maria on Brickell Avenue.  It will be interesting to see what comes of the second Brickell tower.  Shown above is a rendering of the Brickell Flatiron rooftop.

Ugo Colombo and Miami’s Skyscrapers

Ugo_Colombo_Brickell

Miami’s skyline continues to increase in size, but none are able to claim the title of Miami’s tallest from the Four Seasons Tower at 789 feet.  According to Miami’s Council of Tall Buildings, the city needs a very tall building, which they defined as over 984 feet.  There are a few proposed buildings that will beat the Four Seasons and some that will reach 984, but none have been accepted yet.  The Federal Aviation Administration has been shutting down proposals for safety concerns so this is a major obstacle for real estate developers.  The Panorama Tower is currently under construction and is planned to reach 830 feet, while there are a couple of plans for buildings that will surpass 1,000 feet.

Ugo Colombo is behind one of the proposals for a 70 story luxury condo tower on Brickell Avenue.  It will be the second Brickell Tower to complement the Brickell Flatiron tower (shown above among other buildings).  It is possible that this tower will be taller than Mr. Colombo’s Brickell Flatiron tower, which will stand at 700 feet.  Some of Ugo Colombo’s other projects are in the top 30 of Miami’s tallest buildings.  This includes the EPIC tower completed in 2008, which stands at 500 feet.  One of Ugo Colombo’s older buildings, the Santa Maria stands at 520 feet.  It is likely that in the future, developers in Miami will attempt to make taller and taller skyscrapers, but locations are scare in the popular areas.

Ugo Colombo’s Beach House 8 Just Sold Out

Beach-House-8-exteriorBeach House 8 is a luxury condominium building that was developed by Ugo Colombo and Valerio Morabito in Miami Beach.  The eight in the name is the number of condominium units the building has, including the penthouse.  Prices for the units were between $6 and $8 million, with the penthouse for $14 million.  As of June 2014, all of the units are sold including the penthouse, which was sold to a Brazilian business mogul and billionaire.

This building was created with luxury in mind for every detail from the structure, exterior design, interior design and amenities.  Each unit includes Boffi Kitchens, marble countertop from Italy, efficient LED lighting, prewired for telephone, TV and internet.  In addition, each unit has home automation systems that allow owners to control audio, video, HVAC, lighting and windows.  The building features include two parking spots for each unit (3 for the penthouse), fitness center with technological equipment, private pool and jacuzzi.  The penthouse includes 6,000 sq. ft. of outdoor living space over two floors.  Moreover, it has a master guest suite as well as a private pool.  It is amazing how quick Miami Beach properties are selling, but it is easy to see why when Beach House 8 is so luxurious.

The Brickell Flatiron

Flatiron Corner Dusk new

Plans are being developed for a luxury condominium tower in the Brickell neighborhood at 1001 S. Miami Avenue by Ugo Colombo and Russian billionaire Vladislav Doronin.  The tower is named the Brickell Flatiron and was designed by Architect Luis Revuelta.  It will stand at 710-feet tall or 64 stories.  This will include 40,000 square feet of retail space and 549 residential units.  Furthermore, the building will have floor-to-ceiling glass exteriors throughout and the condo units will have 11-foot deep elliptical balconies.  The average condo unit size is 1,200 square feet with prices starting at about $400,000.

The Brickell Flatiron tower is planned to have two swimming pools (one on the roof), a spa, fitness center, 24 hour security and valet.  In addition, the tower will have a business center with conference rooms, game room, movie theater, recreation rooms and more.  The building will boast high-speed elevators with a ground floor featuring restaurants and retail boutiques.  It is positioned less than a half a mile from the Brickell City Centre, which is a new luxury mall that is being constructed with an expected competition date of late 2015.  The Brickell Flatiron tower is expected to break ground by the end of 2014.

The Brickell Flatiron: Cool Iconic Glamour for a Hot Location

Ugo Colombo - Brickell Flatiron Concept

In the Miami Herald, a recent article describes plans for the development of a new high-end condominium in Miami. Ugo Colombo is partnering with developer Vladislav Doronin of Capital Group for his latest architectural project, a 65 story luxury residential and commercial structure at Brickell Plaza and South Miami Avenue.

As the name suggests, the Brickell Flatiron will resemble, in its tall triangular shape, the iconic Flatiron building of New York. The Brickell Flatiron will stand apart with a design emphasis of fluid lines and rounded corners, striking the Miami skyline with an air of elegant prominence.

The building is set to house 552 condos and 40.000 square feet for retail development, including a restaurant and upscale shops. A spa and rooftop swimming pool will be available and plans for penthouse units are still in the works. Condos will average 1,200 square feet and will be designed with floor-to-ceiling glass exteriors and elliptical balconies, many of which will overlook the plaza.

Plans include a second building to be developed in the future.

For the full Miami Herald article, click here:

http://www.miamiherald.com/2014/04/21/4072298/colombo-teams-with-russian-developer.html.