WGM: Grutman Steals Superbowl Halftime Show, Zuck Moves to Miami, & $3 Billion St. Regis in Sunny Isles
Plus $173M TRUBAR Sale & Larb Thai Isan, the greatest hidden gem in Florida
WHAT’S GOOD MIAMI: 2.10.26
Beach Business
The 3 Billion Dollar St Regis a Sign Sunny Isles is Growing Up
4.7-acre oceanfront site with 435 linear feet of beachfront.
Local Founder Erica Groussmann’s $173M TRUBAR Sale
TRUBAR has sold protein bar brand in a $173 million all-cash acquisition.
Zuckerberg Buys in Billionaire Bunker, Beckham Sells Zaha Hadid
Miami keeps pulling the future closer. That’s what’s good.
Hospitality Local Insider
Hidden Gem: Larb Thai Isan
“Go to Larb Thai Isan. It might be the best Thai food I’ve ever eaten in my life.”
Real Estate: Luxe Listings We Love
Bay Heights Is Back, Alright! Ultra Modern in my favorite hood.
Tucked into the heart of Coconut Grove, a fully reimagined, ultra-modern home.
On My Mind: Super Bowl Halftime with David Grutman?
The Super Bowl is the most-watched television event of the year. Billions tuned in globally. Even in a year with a forgettable game, its relevance is undeniable. There are very few moments left where everyone is watching the same thing at the same time. Even the World Cup is fragmented into matches. The Super Bowl still stands alone.
Which is why it was impossible not to be blown away during the halftime show.
As Bad Bunny performed on the biggest stage in the world, right there in the middle of it all was Miami’s hometown hero and beloved entrepreneur, David Grutman dancing alongside Alix Earle, Cardi B, Jessica Alba, and some of the most recognizable people on the planet.
At this point, nothing Grutman does should surprise us. But let’s pause for a second. We’re not talking about a pop star. Not a movie star. Not even a billionaire (yet). We’re talking about a businessman. And not one from New York, London, or Silicon Valley, one from Miami.
Dave has mastered the art of influence on a scale most people never will. He connects culture, people, and moments effortlessly. But this wasn’t just a win for him, it was a win for the city.
Bad Bunny. David Grutman. Alix Earle.
On the biggest stage in the world.
Billions of eyes. Billions of dollars.
And Miami is right there in the middle of it.
So yes, bravo, Dave. One of one. But more importantly, bravo, Miami.
Our influence is growing. And the whole world is watching.
BEACH BUSINESS
The 3 Billion Dollar St Regis a Sign Sunny Isles is Growing Up
For years, Sunny Isles Beach has been defined by extremes. Extraordinary wealth. Towering ambition. Global buyers. Taste, however, has never really been the point.
That’s beginning to change, and the clearest signal is the St. Regis Residences Sunny Isles Beach, a development quietly reshaping how the market looks.
This month, Bank OZK increased its loan commitment from $219 million to $418.3 million, one of the largest condo financing packages ever issued. The move reinforces lender confidence in a project already tracking toward a sellout exceeding $3 billion. The move reinforces lender confidence in a project already tracking toward a sellout exceeding $3 billion.
The scale alone is notable. Rising on a 4.7-acre oceanfront site at 18801 Collins Avenue, the project spans 435 linear feet of beachfront. In total, it represents a nearly $2 billion development, placing it among the most significant residential projects in the region.
That confidence is tied directly to the people behind the project: Edgardo Defortuna of Fortune International Group and Manuel Grosskopf of Château Group, two of the most prolific and long-standing developers in South Florida.
This isn’t new territory for them. Together, they previously delivered the Ritz-Carlton Residences Sunny Isles Beach, a project that helped move the area beyond its reputation for excess and toward a more refined, long-term residential market. St. Regis is the next, and far larger: two 62-story towers, 320 total residences.
The South Tower is already nearly 90 percent pre-sold, total sales are expected to exceed $3 billion, placing the project among the highest-grossing residential developments in South Florida history. Demand has shifted away from overseas capital toward domestic buyers from the Northeast and West Coast, signaling a broader evolution in Sunny Isles’ buyer profile.
Sunny Isles has always had money and ambition.
St. Regis Residences, Sunny Isles Beach is helping make it timeless and tasteful.
