StreetInsider: Privé At Island Estates Receives Full Vertical Building Permit

adfuel – November 4, 2015

Following previous foundation building permit, latest permit enables full vertical construction of 16-story project

AVENTURA, Fla., Nov. 4, 2015 /PRNewswire/ — Privé Developers, LLC, led by co-developers BH3 and Gary Cohen as Principal, have been granted a full vertical building permit, enabling Privé at Island Estates to rise on the exclusive 8-acre island located in Dumfoundling Bay between Williams Island and Sunny Isles Beach.

Recently ranked No. 14 on Elite Traveler’s “Most Desired Ultra-Luxury Residential Developments in the World” (and No. 1 in Florida), the twin luxury towers’ design partners architecture by renowned Sieger Suarez Architectural Partnership, landscape architecture by EGS2, and interior design by Interiors by Steven G. Privé broke ground in June of this year and is presently on the second level of construction following completion of foundations.

“This permit marks another milestone in our continued progress of the project in line with the schedule of the project for completion in Q2 of 2017,” said Greg Freedman of BH3. “Our team is elated to watch the towers start to rise, an incredible feeling to see our vision for this unique and singular project become a reality.”

The full vertical building permit marks the latest of several advances for the developers of the one-of-a-kind, luxury real estate project located on South Florida’s last private island. Bonded Construction has progressed into its fifth month, led by Suffolk Construction, a national builder as the project’s bonded General Contractor.

Privé at Island Estates will offer a total of 160 ultra-luxury residences ranging in size from 2,585 square feet to more than 9,000 square feet in select penthouse units. Residences will include private elevator entry, flow-through floor plans with 10-foot glass on both eastern and western exposures, 10-foot deep balconies, expansive east/west water views throughout, European kitchens and bathrooms, as well as outdoor summer kitchens.

First-class, resort-style amenities and services include a 10,000 square-foot gym and spa in each tower, private dining and social rooms, pool-side café, wine and cigar rooms, kids rooms, tennis court, two pools, marina, private pier, nature trail, private beach, jogging path, full-time concierge, and 24-hour gated and roving security for the privately bridged island.

BH3 Realty, led by Sales Director Michael Neumann, is facilitating sales, which are currently active and available by appointment only.

The sales office is located at 21500 Biscayne Boulevard, Suite 302, Aventura. For more information visit

About BH3 & Gary Cohen

Led by principals Gregory Freedman, Charles Phelan, and Daniel Lebensohn – BH3 is an opportunistic real estate firm with a core focus on acquiring real estate in South Florida and New York City. In addition to Trump Hollywood, the firm’s impressive portfolio includes 1805 Ponce; Terra Beachside 6000 Collins; and Fontainebleau Sorrento. For more information, please visit

Gary Cohen is the developer of Island Estates, the south island of the property, which consists of 21 exclusive mansions and a marina. As one of the founding families of Aventura, the Cohen family has been in South Florida land development since the 1960’s, resulting in approximately 1,000 acres of land development and planning of high-rise condominiums, multifamily, single family homes, shopping centers, and commercial offices.

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