As we mentioned in one of our recent blog http://www.celekt.com/articles/lebron-james-moves-to-miami, Basketball and Real Estate are definitely forming a new “dream team”.

On September 27th 2010, Christopher Bosh became the proud owner of 6396 North Bay Road and proved that Ultra Luxury Single Family Real Estate could still find buyers and will always find a buyer no matter the listed price.

Listed for $14,970,000, this 12,000 sq ft Magnificent work of art built in 2009 by Touzet Studio closed for $12,333,000.

Carlos Prio-Touzet and Jacqueline Gonzalez (Touzet Studio) both involved with projects such as the Setai on Miami Beach or the Delano Hotel Room renovation, gave this newly constructed estate the Miami touch, Governed by the three main elements geometry, water and light.

As far as Dwyane Wade, the buzz around says that he signed a Lease in one of the Penthouses of the 900 Biscayne Condo

Innovation lures luxury fashion, celebrity parties,penthouse dwellers, restaurant and, oh yes, 300 cars

Come and see the new innovative  garage in Miami Beach. A seventh-level aerie atop a surreal parking garage that serves at times as party space !

This $65-million bravura composition of intersecting planes and angular piers, called 1111 Lincoln Road, does indeed park 300 cars in its mostly wall-free structure. It includes fashion retailers and residences.

The different levels rhythmically jut forward and recede. The floor heights range from the parking standard of about seven feet to as high as 34 feet.

The architectural allure and the view are why the garage is in demand for weddings and other fetes. Developer Robert Wennett, president of Urban Investment Advisors, cooked up an idiosyncratic commercial formula: Architecturally spectacular parking structure attracts high-end retail, which helps sell a penthouse residence and attract events.

Standing improbably alone on the fifth floor, a glass jewel box of a store is a delight to encounter. Called Alchemist, it sets out the wares of sought-after designers such as Rick Owens, Martin Margiela and Chrome Hearts as if they were precious artworks. It need not share street frontage with beachwear boutiques because it is a destination for aficionados. With only parked cars for company, the cognitive dissonance of its location telegraphs chic.

Wennett is finishing an all-glass rooftop restaurant and building a penthouse residence.

By any conventional real-estate formula, neither the building form nor the odd revenue-producing combination makes any sense. It’s hard to see where the architectural concept ends and Wennett’s commercial savvy begins.

Technically the garage is an addition to a beefy, unloved cast-concrete building put up in 1968 and formerly occupied by SunTrust bank. Its deeply recessed windows and bulging forms shout fortress.

With $6.2 million from the city of Miami Beach, landscape architect-du-jour Raymond Jungles extended the pedestrian mall a full block to front 1111. He installed striped black-and-white stone paving, towering bald cypresses, round burbling pools and a curvy Dan Graham glass sculpture.

This bossa nova setting helped Wennett lure high-style fashion retailers as well as Taschen, an art-book store, Inkanta, a design store, and a just-opened Miami outpost of restaurateur Danny Meyer’s Shake Shack. Wennett personally sought the retailers he thought would make the whole add up to more than the sum of its parts.

It’s a landmark to Miami’s increasingly cosmopolitan and international allure.

JAMES S. RUSSELL
BLOOMBERG NEWS
(Jul 24, 2010)

LEBRON JAMES MOVES TO MIAMI

The announcement that LeBron James will be playing for the Miami Heat next season has some real estate agents very excited.

A report in US Weekly has LeBron already planning to party in South Beach, renting out cabanas at the W Hotel. James will stay there briefly before heading to New York City for the wedding of Carmelo Anthony and Lala Vasquez.

But where will LeBron lives permanently once he heads to Miami? One rumor had him making an offer on a $49.5 million waterfront estate in Coral Gables.

Coral Gables is home to many athletesbut a 20,000 square-foot house would actually be a step down for James who has a 35,000 square foot palace in Akron, Ohio. Will that home hit the market? It seems unlikely. The home was built to his specifications and he’d be hard-pressed to get any decent return on his substantial investment. He also has deep ties to the community.

Another potential neighborhood for LeBron James could be Star Island, the former home of Shaquille O’Neal. But LeBron James might want to wait before putting down real estate roots. Some of the athletes we’ve seen try to sell their home in Florida have had a rough time including Miami Heat’s Dwayne Wade who struggled to unload his Pinecrest home.

Article from http://www.luxist.com/

The Red Bull Flugtag in Miami, an event not to miss!

For some months, the famous  energy drink brand grabs all the communication means to assure the succes of the 2010 Edtion of its famous atypical cruise in Miami.

REDBULL GIVES YOU WINGS !

Thanks to its aggressive international marketing campaigns, tournament sponsorship and celebrity endorsements, Red Bull have succeed impose its brand in the energy drinks market.

Red Bull Flugtag challenges the brave and brainy to design, build and pilot homemade flying machines off a 30-foot high flight deck in hopes of soaring into the wild blue yonder…or often, plunging into the waters below.                                                                                     Flugtag, which means “flying day” in German, pushes the envelope of human-powered flight. Teams are judged on three criteria: flight distance, creativity of the craft, and showmanship. And after a year with no Red Bull Flugtag in the U.S., 2010 promises to be bigger and better than ever !

RED BULL  FLY HIGH !

This won’t be Red Bull Flugtag’s first cruise in Miami’s coastal waters, having splash-landed here in 2004, but the memorable crafts, the wild crowd and the city’s taste for flare drew this outrageous competition back to Miami’s waterways. This July 10th, more than 30 teams from across the Southeast will test the limits of human-powered flight in front of thousands at Bayfront Park before splashing into the waters of Biscayne Bay below.

Since the first Red Bull Flugtag took place in Vienna, Austria, in 1991, more than 40 Flugtags have been held around the globe, attracting up to 300,000 spectators for a single event.  The record for the farthest flight-to-date currently stands at 195 feet and was set at Red Bull Flugtag Austria in 2000.  A new U.S. record was set in 2007 at Red Bull Flugtag Nashville when a flying banjo flew 155 feet. Just enjoy the pics !

D-DAY

Entry is totally free to the public and open to all ages.