Today marks the official groundbreaking of one of South of Fifthâ€™s last new luxury condos to be developed â€“ The Related Groupâ€™s Marea. Â Jorge Perez from The Related Group, Courtland Lantaff of Ocean Drive Magazine, and other VIPâ€™s on South of Fifthâ€™s transformation will be among the notable attendees.Â Beginning with a vision nearly 20 years ago by Relatedâ€™s founder and CEO Jorge PÃ©rez, South of Fifth has transformed into a thriving boutique neighborhood, with condos commanding some of the priciest listings in the nation, upwards of $20 million.Â A few blocks that were once abandoned two decades ago have become an iconic symbol of an ultra-luxury Paradise.
Surrounded by the sparkling panorama of Biscayne Bay and the Atlantic Ocean, and overlooking the Marina, Marea brings the twin luxuries of art and design together within an atmosphere of exquisite tranquility. Orchestrated by The Related Groupâ€™s visionary founder, Jorge PÃ©rez, this boutique residence has been designed by the exceptional team of Sieger-Suarez Architects, Yabu Pushelberg, and Enzo Enea. Commissioned art installations by Riccardo De Marchi and Markus Linnenbrink transform its private lobby into an exclusive gallery.Â This ultra posh, 7- floor low-rise will feature a curved-box design by the exceptional team of Sieger Suarez architects, who also did the Related Groupâ€™s nearby Apogee. The project includes a total of 30 residential units including 24 condos (1500-2300 sq ft), two townhouses and four 6,000 square foot penthouses. 20,000 sq ft of retail space is also part of the plan as are interiors by Yabu Pushelberg and Enzo Enea.