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Mixed-Use Condo Sales Launch in Miami Beach and Coconut Grove

As the desire for remote work intensifies, a Miami-based real estate company plans to ease the difficulties of living and working in integrated spaces. Location Ventures plans to deliver thoughtfully designed and fully connected residential and mixed-use projects with the launch of residential sales for URBIN, a mixed-use brand offering residences for short or long-term rent with all-inclusive co-working spaces, wellness amenity programming, social activities and lifestyle-oriented retail in one central location. 

Condo presales for URBIN’s first location in Miami Beach have already generated 60% of presales in the first 30 days. Plans to launch presales for the second location in Coconut Grove will soon follow with additional locations in key markets throughout the U.S. also in store.

ONE Sotheby’s International Realty is managing the marketing and sales of the properties. Units are priced from $400,000 with diverse floor plans. In Miami Beach, studios will start at 275 square feet and expand to spacious multi-room residences that range from two to four bedrooms at up to 1,334 square feet. In Coconut Grove, residences range from studios at 331 square feet to six bedrooms at 2,352 square feet. Both locations will feature fewer than 100 units to allow for a tailored and more private living experience. 

“URBIN celebrates a new way of living by bringing people together through home, work, and wellness in a single setting,” says Rishi Kapoor, CEO of Location Ventures. “Through integrating quality design, technology, wellness and social programming, we’re hoping to foster community and enable a high quality of life in these city-centric ‘urban’ neighborhoods.”

URBIN will provide owners with exclusive access to a lease-back program with the dual freedom to stay on property for up to 90 nights per year. While away, the residence is professionally managed by the brand and available for rent. The places will offer various layouts and provide a selection of shared spaces per unit, such as a common kitchen, dining and living area. The modern condos are fully furnished and include efficient layouts to maximize space while featuring high-end fixtures and Energy-Star stainless steel appliances and storage space. Service-driven amenities, such as housekeeping, room service, and valet are offered along with on-site food and beverage venues, a wellness center, a rooftop pool deck with green spaces and lounge areas. 

URBIN Miami Beach, located at 1260 Washington Ave., is designed by Touzet Studio and will undergo a complete renovation to the existing 33,488-square-foot site and the ground-up development of a 44,000-square-foot building. Its second location is at 3162 Commodore Plaza in Coconut Grove will include the conversion of a nearly 33,000-square foot commercial building, roughly 5,000-square-foot restaurant, a 23,490-square-foot property and ground-up development.

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Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.