SB Development Group and Hazelton Capital Group secured $170 million in construction and land financing for the development of Cove Miami, a 40-story condominium in Miami’s Edgewater district. Bravo Property Trust provided the loan.Â
Located on the shores of the Biscayne Bay, Cove Miami offers 134 luxury residences. Architecturally designed by Kobi Karp and Dieguez Fridman, the development will feature one- to four-bedroom residences. Cove Miami’s suite of amenities include an infinity pool with private cabanas, a cold plunge, massage rooms, a traditional hammam, and a sauna, a fitness center, indoor and outdoor yoga areas, a rooftop lounge with an outdoor kitchen and panoramic views of Biscayne Bay, a private dining room with chef’s kitchen, a Grand Theater, a game and billiards room, a library and wine room, a pet spa, and dock access for water sports. Additionally, residents also have access to both shared co-working spaces and private office suites, as well as an on-site waterfront restaurant.
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