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Location Ventures Break Grounds on Urbin Miami Beach

Location Ventures – the Miami-based, integrated real estate firm that delivers thoughtfully designed and fully connected real estate projects – today announced the groundbreaking of URBIN Miami Beach. The milestone marks the start of construction for the first-to-market, mixed-use brand that unites design-forward residences for short or long-term rentals with co-working spaces, wellness amenities, social activations and lifestyle-oriented retail, all in one central address.

On Nov. 15, Location Ventures, development partners and city officials gathered at the project site, 1260 Washington Ave., for the official groundbreaking ceremony. Special guests included Miami Beach Mayor Dan Gelber, Washington Avenue Business Development Executive Director Troy Wright and Miami Beach Commissioner Alex Fernandez. Guests enjoyed breakfast hors d’oeuvres, freshly brewed coffee and sparkling wine, while learning about the future development.

URBIN Miami Beach is the first property to launch the URBIN brand portfolio, with a second location in Coconut Grove and plans to scale further in key US cities. With exclusive sales representation by ONE Sotheby’s International Realty, URBIN Miami Beach consists of 69 units, which have sold out and attracted a diverse demographic of buyers, including Latin America and Europe. URBIN Coconut Grove is set to break ground in 2023, with 90 percent of its residential offerings currently sold.

The URBIN development is the latest addition to the renaissance now underway for Miami Beach’s Washington Avenue. Known for its prime location in the epicenter of vibrant culture, dining and entertainment and just blocks from the beach, efforts led by the local Business Improvement District, City of Miami Beach and private enterprise have resulted in a healthy pipeline of new businesses and contemporary concepts established which will transition the area to its next evolution.

“Following tremendous sales interest, we are excited to begin the construction process for the first URBIN location at a ripe moment in Miami Beach’s history,” said Rishi Kapoor, CEO of Location Ventures. “This property will bring living, working and wellness into a unique location, while contributing to the rapidly developing, iconic Washington Avenue District. We chose this site because it represents our brand ethos of increasing accessibility and mobility in urban cores.”

The key residences at URBIN Miami Beach range from 275-square-foot studios to two- to four-bedrooms up to 1,334 square feet, with city or partial ocean views. Shared spaces, including a communal kitchen, dining and living area, will promote community, collaboration and networking. Unit owners will have exclusive access to a leaseback program that allows stays on property for up to 90 nights per year. While he is away, the residence is professionally managed in-house and available for extended stays.

A variety of resort-inspired services such as valet parking, concierge, housekeeping and room service will complement on-site amenities to create a “live-work-well” environment. Residents and members of the adjacent URBIN workspace will enjoy a rooftop bar seating area and green spaces, as well as the wellness center with programming for mindfulness, movement, nutrition and healing. Food and beverage offerings can be found at the ground floor cafe and bar and gourmet market.

To cater to the increased demand for quality office space in Miami Beach, URBIN’s dedicated coworking component will bring an elevated level of service to the work experience. In addition to the physical space, associate members will have access to the necessary business support tools, including consulting, administrative and networking services.

URBIN Miami Beach was designed by Touzet Studio, led by Carlos Prio-Touzet and Jacqueline Gonzalez-Touzet. The building’s facade will complement the playful energy of Miami Beach, with geometric styles and colors found throughout the neighborhood, with a nod to its Art Deco heritage. The common areas and amenity interiors are composed by Meyer Davis, the award-winning design studio from New York. The property is two blocks from the beach, steps from Ocean Drive and Lincoln Road, and part of the world’s largest Art Deco district.

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