Plaza starts work on two new condominiums in South Beach

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Plaza Construction has started construction on two more ultra-luxury condominiums for The Related Group.

The condominiums includes the $187 million One Ocean and the $88 million Marea condominiums in South Beach.

The One Ocean project is designed by Enrique Norten of Ten Arquitectos, along with The Sieger Suarez Architectural Partnership, as the executive architect. The Marea condominiums is designed by The Sieger Suarez Architectural Partnership.

Totaling $498 million in development costs, Plaza’s four projects now under way for The Related Group also include the new $118 million, 42-story Icon Bay waterfront condominium in the heart of Miami’s Biscayne Corridor, and the $105 million, 42-story Millecento Residences by Pininfarina, located in Miami’s Brickell neighborhood.

Slated for completion in 2015, both the seven-story, 275,141 square foot One Ocean and six-story, 190,654 square foot Marea will offer extraordinary landscapes by Enzo Enea and refined interiors by Yabu Pushelberg.

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