Steven and Alex Witkoff.
Steven and Alex Witkoff
Chairman, Co-CEO, founder; Co-CEO at Witkoff Group
New York City landlord Steven Witkoff and his namesake business have been a major force in Miami’s real estate market for nearly a decade. But the company has moved into a new phase of Miami expansion with a slew of ground-up construction projects that include hotels, resorts and massive residential towers.
Together with Monroe Capital, Witkoff is redeveloping the Shore Club, a historic Miami Beach hotel, into a mixed-use tower with 49 condos and 75 hotel suites managed by Auberge Resorts Collection. The hotel itself will be preserved, while Robert A.M. Stern and local Miami firm Kobi Karp Architecture will design the new tower, along with a 6,000-square-foot single-family beach house on the property. Work is expected to begin this summer and finish in 2026.
Witkoff is also working on the first new golf course in Miami in 25 years as part of a mixed-use project called Shell Bay. The development, which is under construction on the Diplomat Golf & Tennis Club in Hallandale Beach, will include a new 18-hole, 7,250-yard-long golf course, a 48-slip marina, a 10-court racquet center, three restaurants and a 10,000-square-foot ballroom. There will also be a boutique resort and hotel with 100 condos, once again managed by Auberge Resorts, and a 12-acre golf practice facility. Alex Witkoff (Steven’s son) described the project as “the only property of its kind in South Florida.” Shell Bay is expected to open this spring.
Finally, the father-and-son-led company is working on a three-tower, 3 million-square-foot residential project next to MiamiCentral Station and Miami Worldcenter, itself a sprawling 27-acre mixed-use project along the waterfront. The Witkoff property is a 4.7-acre site at 700 North Miami Avenue. The trio of skyscrapers will rise up to 700 feet and house 2,350 rental units and ground-floor retail. Kobi Karp Architecture is once again handling the design of the project, which is expected to begin construction later this year. —R.B.R.
