Abadeen’s Post

West Lake Hills, Texas Last year, Austin topped the list of fastest-growing United States cities for millionaires. From 2012-2022, the Texas capital saw a millionaire growth rate of 102% and, as of December 2022, was home to more than 30,500 residents with seven-digit net worths. As a result, the luxury housing market boomed, bringing about historic lows in inventory and subsequently fueling a wave of new construction homes. Today, supply has swung back to relative highs and competition for buyers' attention is seemingly more determined by exceptional designs and amenities than completion dates. The upcoming Wildcat Club in the Austin interior suburb of West Lake Hills exemplifies this growing presence of ultra-luxe properties. Covering 12 acres, the exclusive community will consist of six estates built by Foursquare Builders with designs from a who’s who of Austin’s leading architectural firms, including System D Architecture, Furman + Keil Architects and Jay Korder. Estate sizes will vary in both lot acreage and residence square footage, ranging from 1 acre to 4.5 acres and 5,500 square feet to 9,500 square feet. Amenities—including wine rooms, guest houses and saunas—will also differ depending on the individual estate.

Gone are the days dominated by large skyscrapers, the trend now favors large-scale apartments, most spanning half and full floors. Developers are increasingly focusing on A-grade sites, ideally situated as close to the beach as possible. Even those bringing much-needed density to the Gold Coast are reserving a significant portion of apartments toward the top end of the building for larger units. As the market adapts to these trends, we take a closer look at the Gold Coast apartment developments that are providing exciting options for downsizers. Monaco Property Group | Drew Group | Iris Capital | Morris Property Group | Aníko Group Author: Joel Robinson ------------ 📣 Was this update of interest to you?🔥 Join 17,000+ of your residential property development colleagues who follow Urban on LinkedIn. We regularly post free insights about: 💡  New project launches and updates 💡  What buyers are searching for on AU’s largest off-the-plan buyer platform 💡  Weekly interviews with industry leaders Follow Urban.com.au or connect with our CEO Mike Bird to keep your finger on the pulse of the apartment and townhouse market.

Homebuyers in the luxury residential market seek sophistication and functionality in multi-unit, multi-family, and mixed-use residences. A crucial consideration is whether a project will be financially viable and worth the investment to design and build. In our new post, "Beyond Conventional: Exploring the Intersection of Luxury and Financial Viability in Multi-Family Housing," our team explores the strategies we apply to designing such sought-after properties based on our experiences finding innovative ways to redefine the high-end home market: https://lnkd.in/e5rzVMDf #residentialdesign #multifamilyhousing #multifamilydesign #multiunitdevelopment #luxuryhousing #development #masterplanning #designsolutions

This month I explore the obsession Sydney siders have with Duplex living and design. Sydney home buyers are embracing duplexes as standalone homes recede from reach but there are some complexities to be navigated when developing these popular property types. Have a read of my article below.

The hot new apartment market in Palm Beach is set to receive another injection of luxury apartments in early 2025, with two recent approvals for Marwan Chanine's Chanine Developments and Macquarie York paving the way for more half and full-floor apartments near the beach. Earlier this year Chanine Developments secured a prime site across 1407 Gold Coast Highway and 402-404 The Esplanade, swiftly filing plans for a boutique eight-level building with 15 half-floor apartments and a massive five-bedroom penthouse with a private rooftop pool. Macquarie York is working toward an early 2025 launch of Cirrus, which also recently received approval from the Gold Coast City Council. It will comprise just 10 full-floor apartments, a two-level penthouse, and a level one recereation deck with a swimming pool and lounge area overlooking the ocean. Managing Director Roy Skaf highlighted the strong engagement from the Gold Coast City Council to get the project approved. Macquarie York had Plus Architecture take the architectural lead for the development. Plus Director Danny Juric said they approached the project as an opportunity to demonstrate how design excellence can transform a site into an architectural landmark. Read more below. Author: Joel Robinson ------------ 📣 Was this update of interest to you?🔥 Join 17,000+ of your residential property development colleagues who follow Urban on LinkedIn. We regularly post free insights about: 💡  New project launches and updates 💡  What buyers are searching for on AU’s largest off-the-plan buyer platform 💡  Weekly interviews with industry leaders Follow Urban.com.au or connect with our CEO Mike Bird 🐦⬛ to keep your finger on the pulse of the apartment and townhouse market.

Luxury apartments at London’s most expensive residential property development ever will hit the market for £35m or more and have already racked up a waiting list of over 600 super-rich buyers. 1 Mayfair, the £2bn super-luxury scheme being ring-led by the Phones4u billionaire John Caudwell, is set for completion in spring of 2026 when it will easily to trump London’s current most expensive residential site, Knightsbridge’s One Hyde Park. Its construction team celebrated its ‘topping out’ ceremony over the weekend, marking its structural completion, before work begins on the interior, which is set to boast just 24 of what it has called ‘principal residences’. The homes, which will span from penthouses, apartments and ‘pied-a-terres’, start at £35m, with many expected to attract considerably higher sums from monied prospective buyers. Continue reading 👇 https://bit.ly/3ZBcOCa

Downsizing can be an opportunity to improve everything from home design and finishes, to the overall quality of daily life. Upper East Village is a fantastic example. #realestate #downsizing #properties #realestatenews #condos https://lnkd.in/gcs_qr7v

🚨 **New Boutique Condo Development in Miami’s Brickell: Meta Development Makes a Move** 🚨 Meta Development, a recently launched Miami-based firm, is diving into Brickell’s luxury real estate market with a boutique, low-rise condominium project. Here’s what makes this exciting: 📍 **Strategic Location**: The $21M assemblage of properties at 1870 and 1880 Brickell Ave. shows a commitment to premium urban living, capitalizing on Brickell’s demand for exclusive housing. 🏗️ **Architectural Vision**: São Paulo-based Ospa Architecture leads design, with units offering spacious 3-5 bedroom configurations starting at $2.5M. The connected rooftop pool deck is a highlight. 💡 **Industry Implications**: This project reflects the growing trend of boutique condos offering luxury, privacy, and unique architectural flair. We’re seeing a shift from high-rise, high-density developments to more intimate, premium living spaces. The push for boutique projects aligns with consumer demand for exclusivity, sustainability, and refined amenities, especially in thriving neighborhoods like Brickell. 🔍 **Developer Insights**: Meta’s leadership boasts deep expertise. President Andrew Rasken, with a background in luxury homes and student housing, teams up with Bruno Benevides of Iron Capital, leveraging their collective experience for high-end developments. With site plan submission expected by early 2025, this project will be one to watch in Miami’s competitive condo market. 💬 How do you think the boutique condo trend will impact Miami’s housing market in the coming years? What opportunities do you see for investors in this space? Let me know in the comments! 📃 Read the entire article here: https://lnkd.in/eqH9i-MP #MiamiRealEstate #LuxuryCondos #BoutiqueLiving #RealEstateDevelopment #Brickell #Architecture #InvestmentOpportunities

Miami Real Estate Trends: How New Developments Are Shaping the Market Miami'ss real estate market is evolving with a surge in new developments that reflect thecity'ss growing appeal. From luxury condos to mixed-use spaces, these projects are attracting both investors and residents seeking modern living with proximity to cultural and lifestyle hubs. As demand for waterfront properties and sustainable designs rises, developers are focusing on eco-friendly features and cutting-edge architecture. These trends are not only transforming Miami's skyline but also influencing the future direction of real estate investment in the region. #MiamiRealEstate #NewDevelopments #LuxuryLiving #PropertyTrends #SustainableDesign #UrbanGrowth #RealEstateInvestment #MiamiLifestyle 🏙️🌴 https://lnkd.in/dvkjXznu

🚨 **New Boutique Condo Development in Miami’s Brickell: Meta Development Makes a Move** 🚨 Meta Development, a recently launched Miami-based firm, is diving into Brickell’s luxury real estate market with a boutique, low-rise condominium project. Here’s what makes this exciting: 📍 **Strategic Location**: The $21M assemblage of properties at 1870 and 1880 Brickell Ave. shows a commitment to premium urban living, capitalizing on Brickell’s demand for exclusive housing. 🏗️ **Architectural Vision**: São Paulo-based Ospa Architecture leads design, with units offering spacious 3-5 bedroom configurations starting at $2.5M. The connected rooftop pool deck is a highlight. 💡 **Industry Implications**: This project reflects the growing trend of boutique condos offering luxury, privacy, and unique architectural flair. We’re seeing a shift from high-rise, high-density developments to more intimate, premium living spaces. The push for boutique projects aligns with consumer demand for exclusivity, sustainability, and refined amenities, especially in thriving neighborhoods like Brickell. 🔍 **Developer Insights**: Meta’s leadership boasts deep expertise. President Andrew Rasken, with a background in luxury homes and student housing, teams up with Bruno Benevides of Iron Capital, leveraging their collective experience for high-end developments. With site plan submission expected by early 2025, this project will be one to watch in Miami’s competitive condo market. 💬 How do you think the boutique condo trend will impact Miami’s housing market in the coming years? What opportunities do you see for investors in this space? Let me know in the comments! 📃 Read the entire article here: https://lnkd.in/ecGNa38B #MiamiRealEstate #LuxuryCondos #BoutiqueLiving #RealEstateDevelopment #Brickell #Architecture #InvestmentOpportunities