The Residences Island Gardens Miami

Watson Island
Miami, Florida

For years Watson Island—the diamond-shaped 87-acre island located between mainland Miami and Miami Beach—has remained mostly undeveloped, except for a couple of small tourist attractions.  But that’s all about to change. 

The sleepy island will soon be awakened with the $640 million development of Island Gardens. When completed, the 24-acre site will include 2.2 million square feet of new buildings, including a 350-room, four-star hotel and one of the country’s first Shangri-La Hotel and Resort, which will offer 98 residences in 1/8th fractional shares.

The Shangri-La Hotel & Spa will be a five-star, 44-story hotel overlooking Biscayne Bay.  Fractional ownership consists of 1/8 shares which entitles owners to 45 days of use each year under a very flexible usage program.  A managed rental program will also be available.

Owners at The Residences Island Gardens Miami will have access to these amenities:

• CHI, the luxury spa at Shangri-La Hotel
• 60+ designer boutiques
• Private Resident Members Club Lounge
• Multiple pools
• Super yacht harbor
• 8-10 restaurants
• Mediterranean fish market
• A 1,000-foot waterfront Promenade of Palms
• Pre-arrival grocery shopping and set-up
• Chauffer service upon arrival, departure and to and from town with the club’s fleet of European luxury sedans
• Full butler service
• 24-hour concierge
• Valet parking
• Yachts available for day trips

Designed by London-based architect Eric Kuhne, the Shangri-La Hotel and CHI The Spa will be shaped like an abstract lighthouse—a fitting reference considering the development boasts a 50-slip super yacht harbor on Biscayne Bay.  

The fractional residences will be designed by Milan-based Piero Lissoni, best known for his modern creations for Boffi, Cappellini, Cassina and Living Divani.  Lissoni says his work will combine simplicity and elegance with a lot of natural materials and the spectacular natural light of Miami. 

The unique site of Watson Island is being likened to Portofino and St. Tropez, a place that will be a must-see on the itineraries of super yacht owners who favor distinct lifestyles.  It is located just five minutes from downtown Miami and South Beach. 

SoBe, as the locals call it, is a huge entertainment destination that offers residents and visitors hundreds of clubs, restaurants and hotels. It’s also one of the most popular places for the fashion industry to have photo shoots and is said to be home to over 1,500 models during the year.

Construction on Island Gardens Miami is scheduled to begin in mid-2009 and is expected to last until 2012.

The residences will offer panoramic views of the Miami skyline and Biscayne Bay. The one- to four-bedroom spaces range in size from 996 to over 5,000 square feet and include a butler, concierge, and daily housekeeping services. All residences will be delivered fully-furnished. 

Prices start at $215,000 for a 1/8 fraction. There is a 7% discount for those who wish to buy multiple fractions, which begins at $1,599,600 (7% discount included). Financing is available with up to 80% loan to value.

If you are interested in learning more about The Residences Island Gardens Miami, please feel free to ask specific questions or request our detailed data sheet. We will respond within 24 hours (usually much sooner). Contact Maria Lopez at Maria@CondoHotelCenter.com or call (305) 944-3090.

Note: THIS ADVERTISING IS BEING USED FOR THE PURPOSE OF SOLICITING SALES OF FRACTIONAL OWNERSHIP INTERESTS. The information provided herein does not constitute an offer or solicitation of any kind by the Developer or Condo Hotel Center, nor is it intended to be distributed in or constitute an offer to sell timeshare interests in any state or country in which the Developer is required to register the timeshare plan, but has not yet done so. All pictures, floor plans, and site plans are copyrighted materials of the Developer. The Property Alert write-up is copyrighted material of Condo Hotel Center. Any unauthorized reproduction of any of the information provided herein without the prior written permission of the Developer and Condo Hotel Center may be subject to civil penalty as per copyright infringement laws. Neither the information and materials described in this Property Alert, nor any communication made or given in connection with any of the foregoing, may be deemed to constitute any representation or warranty on behalf of Developer or Condo Hotel Center or may otherwise be relied upon by any person or entity for any reason whatsoever. ©2008 FIG Luxury Living LLC. Island Gardens® All Rights Reserved. ©2008 Condo Hotel Center, All Rights Reserved.