much money one spends on a home, they may want to design it in a way that makes
it stand out. Some might paint their front door a fun color or plant an
exquisite garden that captures the attention of anyone who passes by, but there
is a new, bold design element that people are starting to use in Miami, and
that is abstract art. More and more people are starting to incorporate abstract
pieces of art inside and outside of their Miami homes, and we are exploring why
Miami is home to one of the most distinguished art festivals, Art Basel, that brings in artists from all over the world. This art festival has a dramatic effect on the culture of the city, and it can be seen in the luxury real estate market. The showcased abstract art that is appearing outside of more and more luxury homes gives potential buyers even more reason to purchase real estate in the area. These fantastic pieces not only look amazing outside of the home, they also are a benefit to the real estate owner in that they add so much more value to it. When perspective buyers are touring the homes, they can even see art inside hanging on the walls to get a feel of how to showcase their own art in the home once purchased.
Ugo Colombo, CMC Group President knew of the importance of art in the Miami community when designing the Brickell Flatiron with Luis Revuelta. The curved lines of the interior and exterior of the building create movement that draws your eye across the space. The design choices made by Ugo and Luis have created a sense of warmth and welcoming to those who now reside there.
strategy that real estate companies have taken to with much success is holding
art shows inside of the homes that are for sale. This turns out to be a much
different spin on the traditional open house and it brings in people who may
not even be looking for a home as perspective buyers. Having the art in the
home makes the visit more memorable and allows them to experience the house on
a more enhanced level. Miami is one of the biggest cities in the country for
art, and where there is art, there are collectors who need a place to put their
On December 3rd, the Best Buddies Art + Friendship Auction was held at the home of Sara and Ugo Colombo. Best Buddies International works to create employment and leadership opportunities for people with intellectual and developmental disabilities.
The event raised nearly $1 million, with the auction including works by artists such as David Altmejd, Carol Bove, Joe Bradley, and many more. Guests included Leonardo DiCaprio, Val Kilmer, and Alina and Anthony Shriver.
Ugo Colombo was recently selected to be one of two teams working to create a development plan and financial proposal for the Miami Convention Center. This project will be privately funded and voted on by the public of Miami to ultimately decide between the two proposals. According to the article, Ugo Colombo’s team will consist of “Portman-CMC, the developer who built the 14-block Peachtree Center in Atlanta, and its partners, Miami condo developer Ugo Colombo, Cirque du Soleil and the Bal Harbour Shops.” The proposals are scheduled to be completed in June and will then be voted on.
To read more about Ugo Colombo’s part in the Miami Convention Center renovations, check out the Miami Herald.
The Portman – CMC group, headed by Ugo Colombo and Portman Holdings, have made the short list for the Miami Convention Center renovations. The Portman – CMC Group will be in the running with South Beach ACE to create the top renovation proposal.
For more information on Ugo Colombo and the Miami Convention Center renovations, visit BizJournals
The Miami Herald published an article discussing the potential groups of architects, investors, and developers who are bidding to take charge of the renovations for the Miami Convention Center. Portman – CMC Group, headed by Ugo Colombo and Portman Holdings were one of two groups chosen to compete for the final building proposal. According to the article, these two groups will develop their plans over the next 6 months, including public input, to craft the financial and developmental plans for the renovation.
To read more about Ugo Colombo & Portman Holdings plans for the renovation, read the full article at The Miami Herald.