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Luxurious Oceanfront Malibu Estate to Auction via Sotheby’s Concierge Auctions

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7 months ago

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Redesigned by Nathan Turner, the coastal gem with direct beach access auctions next month as part of first-ever sale of luxury real estate with Sotheby’s London

NEW YORK, NEW YORK, UNITED STATES, May 17, 2024 /Businessnewsrelease.com/ — A stunning oceanfront property situated in the prestigious beach enclave of Sea Level Drive in Malibu, California, is set to hit the auction block next month via Sotheby’s Concierge Auctions in cooperation with Shen Schulz of Sotheby’s International Realty – Malibu Brokerage. Listed for $17.9 million, starting bids are expected between $6 million and $11.75 million, with bidding set to open on 7 June and close on 20 June via the firm’s online marketplace.

Stunning three-story modern Malibu home with direct beach access

Offered turnkey furnished, the property will be featured as part of Sotheby’s Concierge Auctions inaugural sale with Sotheby’s London coinciding with ‘The Luxury Sales’, a series spanning Hong Kong, London, Paris, and New York showcasing a specialist edit of the best watches, jewelry, real estate, wine and spirits, and its Modern British and Irish Art sales, with bidding closing this June.

The groundbreaking event is the first-ever exhibition of luxury real estate to view in Europe at Sotheby’s since its inception in 1744, setting a new benchmark for the industry.

Nestled at the base of a bluff, this three-level, 4,716-square-foot architectural gem, with its elegant contemporary design and sweeping ocean views, offers a retreat where luxury and serenity harmonize seamlessly. Malibu, with its legendary beaches and cinematic sunsets, sets the stage for a lifestyle of indulgence and relaxation.

With meticulously redesigned interiors by the renowned designer Nathan Turner, the home, located at 31721 Sea Level Drive, exudes the ambiance of a luxurious resort. Turner, who runs his eponymous shop in downtown Los Angeles, has long served as a faithful source for the country’s leading interior designers. His work has been featured in Architectural Digest, Domino, Vogue, Elle Decor, House Beautiful, Food & Wine, C Magazine, The New York Times, and the Los Angeles Times. The estate’s living space is designed to prioritize an inviting, open layout. The main level showcases a sun-drenched living room complemented by a fireplace, a chic bar, and expansive walls of glass framing captivating ocean panoramas. Adjacent, is a gourmet kitchen equipped with modern amenities. Upstairs, the ocean-view primary suite exudes opulence with an intimate fireplace, private deck, and a spa-inspired bathroom boasting a steam shower overlooking the beach and custom touches. Additional en-suite bedrooms offer secluded patios, while a lower-level media room and guest suite provide ample room for leisure and entertainment.

“This home presents an exceptional chance to own an exquisite estate in one of the world’s most coveted zipcodes,” remarked Shulz. “With its meticulously redesigned interiors and breathtaking views, this retreat epitomizes the zenith of beachfront living. It’s more than just a residence; it’s a sanctuary crafted for those who cherish life’s finer pleasures.”

Outside, the allure of coastal living continues with a large entertainer’s patio featuring a BBQ island and fire pit—an ideal setting for al fresco dining and gatherings. Ascend to the rooftop deck to soak in the panoramic ocean views from the hot tub or enjoy outdoor entertainment at the built-in center. Pristinely landscaped grounds offer a serene backdrop.

“At Sotheby’s Concierge Auctions, we excel at guiding discerning bidders into an exclusive realm of top-tier real estate offerings, where they discover homes perfectly tailored to their unique tastes. 31721 Sea Level is a prime example of elevated beachfront living,” said Chad Roffers, CEO and co-founder of Sotheby’s Concierge Auctions. “As we unveil its next owner at our historic event with Sotheby’s London next month, we will once again showcase our ability to facilitate market value on a grand scale, connecting sellers and buyers of the finest real estate in the world in a transparent, open forum.”

Malibu, a coastal city stretching along 21 miles of Southern California’s coastline, is renowned as a haven for the affluent from nearby Los Angeles. Famed for its splendid hiking trails, delectable cuisine, and renowned surfing spots, Malibu seamlessly blends a quaint small-town atmosphere with easy access to upscale shopping, fine dining, and unforgettable experiences. Iconic landmarks like the Malibu Pier invite leisurely strolls, while the Malibu Country Mart offers a premier shopping destination. Indulge in waterfront dining experiences featuring fresh seafood and locally sourced produce.

Images of the property can be viewed here.

All photo credits should be provided to Sotheby’s Concierge Auctions. The property is available for private showings by appointment, in person or virtually.

As part of Sotheby’s Concierge Auctions’ Key for Key® giving program in partnership with Giveback Homes, the closing will result in funding towards new homes built for families in need.

Agents will be compensated according to the terms and conditions of the Listing Agreement. See Auction Terms and Conditions for full details.

For more information, including property details, diligence documents, and more, visit ConciergeAuctions.com or call +1.212.202.2940.

About Concierge Auctions
Concierge Auctions is the world’s largest luxury real estate auction marketplace, with a state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. Acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc (NYSE: HOUS), the largest full-service residential real estate services company in the United States, Concierge Auctions continues to operate independently, partnering with real estate agents affiliated with many of the industry’s leading brokerages to host luxury auctions for clients. For Sotheby’s International Realty listings and companies, Concierge Auctions provides Sotheby’s brand exclusivity as Sotheby’s Concierge Auctions. Since inception in 2008, the firm has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and conducted auctions in 46 U.S. states and 38 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build more than 300 homes through its Key For Key® giving program in partnership with Giveback Homes™, which funds new homes for families in need from every property the company sells. For more information, visit ConciergeAuctions.com.

About Sotheby’s International Realty
Sotheby’s International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby’s auction house. Today, the company’s global footprint spans 1,115 offices located in 84 countries and territories worldwide, including 49 company-owned brokerage offices in key metropolitan and resort markets. In February 2004, Anywhere Real Estate Inc. entered a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a franchise system. The franchise system is comprised of an affiliate network, where each office is independently owned and operated. Sotheby’s International Realty supports its affiliates and agents with a host of operational, marketing, recruiting, educational and business development resources. Affiliates and agents also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.

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Kari Hegarty
BerlinRosen
+1 845-548-9216

 

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$895M Development Project to Break Ground in Chicago’s South Side

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3 weeks ago

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March 3, 2025

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Woodlawn Central, a visionary $895 million mixed-use development at 63rd and Dorchester, is moving forward with a newly announced joint venture for Phase One. Phillip Beckham III and Juan Saldana of P3 Markets have joined the project as development partners, while Bowa Construction, led by Nosa Ehimwenman, has been named construction manager and community partner.

Phase One of Woodlawn Central will include:

  • A state-of-the-art hotel
  • The restoration and repurposing of the historic Metra Head House
  • 140 units of mixed-income premier residential housing

This joint venture represents a pivotal milestone in bringing the vision for Woodlawn Central to life—a community-first development designed to foster economic opportunity, protect cultural heritage, and promote sustainable growth in the Woodlawn neighborhood.

A Commitment to Community-Led Development

  1. Byron Brazier, Lead Developer of Woodlawn Central, emphasized the importance of aligning with partners who share the project’s mission:

“After extensive meetings and proposals, it was clear that P3 Markets and Bowa Construction embody the values of shared vision and respect for community development,” said Brazier. “Phil, Juan, and Nosa bring the expertise, commitment, and collaborative spirit necessary to make this transformative vision a reality.”

Self-Development Model Prioritizing Equity

Unlike traditional developments, Woodlawn Central is being self-developed by ACOG Ventures, the LLC entity of the Apostolic Church of God (ACOG), to ensure that the community remains at the heart of the project.

Dr. Byron T. Brazier, Senior Pastor of ACOG, reinforced this commitment:

“After many disappointing conversations with traditional investors and developers, we are more determined than ever to ensure that this project serves the long-term stability of both the church and the community,” said Dr. Brazier. “We refuse to support displacement in any form and remain steadfast in our mission to empower the residents of Woodlawn.”

Since its announcement in 2021, Woodlawn Central has stood as a model for equitable development in the Black community—proving that large-scale urban projects can be community-led while prioritizing transparency, collaboration, and cultural preservation.

About the Partners

  • Byron Brazier – Lead Developer of Woodlawn Central, ensuring that the project aligns with long-term community interests.
  • P3 Markets – A mission-driven development firm, co-founded by Phillip Beckham III and Juan Saldana, specializing in projects that promote equitable economic growth.
  • Bowa Construction – A premier general contractor and construction manager based in Chicago. Known for achieving industry “firsts” on major projects like The Row, a 43-story high-rise in Fulton Market, Bowa continues to set new standards for excellence and innovation in construction.

What’s Next for Woodlawn Central?

Phase One of Woodlawn Central is set to break ground later this year, laying the foundation for a thriving hub of mixed-use living, commerce, and community engagement at 63rd and Dorchester.

For more information, visit woodlawncentral.com or [email protected]

The post $895M Development Project to Break Ground in Chicago’s South Side appeared first on Pinion Newswire.

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Oregon State University strengthens ties with South Korea’s ‘future innovation leaders’

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3 weeks ago

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February 28, 2025

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OSU President Jayathi Murthy and OSU Foundation CEO Shawn Scoville engage with alumni and future students in Seoul

As a global leader in advanced technology and engineering, South Korea is shaping the future of innovation. This week, Oregon State University (OSU) President Professor Jayathi Y. Murthy and OSU Foundation President & CEO Shawn L. Scoville met with OSU alumni, newly admitted students, and industry leaders in Seoul to celebrate OSU’s global connections and reaffirm the university’s commitment to cutting-edge research, student success, and career pathways in high-demand fields.

With more than 80 students from South Korea currently enrolled at OSU, the university continues to be a destination of choice for Korean students seeking world-class education and access to top global industries. OSU offers strong academic and research programs in AI, robotics, computer science, oceanography, and sustainability, areas that align with South Korea’s strengths in technology, engineering, and global problem-solving.

“South Korea has long been at the forefront of technology and scientific advancements, and Oregon State University shares that same drive for innovation,” said Murthy. “Our university fosters a research-intensive, globally connected environment where students engage with cutting-edge discoveries and collaborate with industry leaders. I’m excited to strengthen our connections with Korea’s best and brightest minds and future innovation leaders.”

A global research powerhouse with strong industry connections

OSU is ranked among the top 1.4% of degree-granting institutions worldwide and has a student body of nearly 38,000 students from more than 100 countries. It is home to the largest Computer Science program in the United States and has a strong research enterprise, with US$422 million in annual research expenditures and a goal to double that by 2030.

The university has deep industry ties, serving as a preferred hiring partner for global companies, including Intel, Google, NVIDIA, Amazon, Apple, Boeing, Nike and Tesla. These partnerships provide OSU students with access to outstanding career opportunities in high-impact fields.

OSU Foundation’s commitment to global education and alumni engagement

Accompanying President Murthy, Shawn L. Scoville, President and CEO of the OSU Foundation, highlighted the Foundation’s role in expanding OSU’s impact through global alumni engagement and philanthropy.

“The OSU Foundation is dedicated to engaging our dynamic international network of alumni and supporters to help strengthen OSU’s ability to address global challenges,” said Scoville. “Through our US$1.75 billion ‘Believe It’ fundraising and engagement campaign, we are investing in OSU’s students, faculty and groundbreaking infrastructure that positions OSU as a global leader in AI, sustainability, and engineering.”

One such transformative project is the Jen-Hsun Huang and Lori Mills Huang Collaborative Innovation Complex, made possible by more than US$100 million in philanthropic investments, including a US$50 million gift from OSU alumni couple Jen-Hsun Huang, NVIDIA Founder and CEO, and Lori Mills Huang. Set to open in 2026, the facility will house one of the most powerful supercomputers in the United States, advancing research in AI, sustainability, climate science, and oceanography, and beyond.

The event in Seoul was attended by several alumni and future students. “We are grateful to our volunteer leaders in South Korea for their generous welcome. As OSU continues to expand its global footprint, engagements like this reaffirm the university’s deep connections with its alumni, who play a vital role in OSU’s global impact,” said Scoville.

To learn more about OSU’s global research and education opportunities, visit: https://oregonstate.edu

To learn more about OSU Foundation visit: https://www.fororegonstate.org

The post Oregon State University strengthens ties with South Korea’s ‘future innovation leaders’ appeared first on Pinion Newswire.

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FallsCreek Group LLC Invites Proposals for Premier Steamboat Base Village® Development, Enhancing Steamboat Springs’ Ski Experience

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3 weeks ago

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February 27, 2025

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Steamboat Base Village at the Steamboat Ski Area

Thomas Grant, Managing Partner of the FallsCreek Group LLC, and owners of the future 59-acre Steamboat Base Village® property at the Steamboat Ski Area, in Steamboat Springs, Colorado, “Ski Town USA®“, are now accepting applications and reviewing offers from development companies and or financial institutions for the development of the Steamboat Base Village®. This property is the only remaining location for the development of a ski-in base village and north entrance (second access) to the Steamboat Ski Area!

Mr. Grant stated the need for the Steamboat Base Village® is indisputable. The new posh village and the north entrance to the Steamboat Ski Area would transform the Ski Area into one of the greatest ski resorts in North America and possibly open hundreds of acres of expert ski terrain to the north.
The 59-acre Steamboat Base Village® property is a major opportunity for Steamboat Springs and is one of the most significant proposed developments at the Steamboat Ski Area. This development has the potential to reshape, not only the Steamboat Ski Area, but also the broader landscape surrounding Steamboat Springs.

Steamboat Base Village – Conceptual Design

Steamboat is the second-largest ski area in Colorado with 3,741 acres. Steamboat is also the largest ski area in the world that utilizes a single ski base to accommodate approximately 1.4 million skiers annually; an average of over 10,000 skiers daily. The IKON pass and Steamboat’s two gondolas have dramatically increased the quantity of skiers at Steamboat, which is an anomaly for a ski area of this magnitude.

Significance of the Steamboat Base Village® Property

The 59-acre Steamboat Base Village® property would add a second entrance to the ski area from the north for quick access to the ski area and its elite ski terrain. There is a possibility of opening up more expert ski terrain to the north from the Steamboat Base Village®.

Steamboat Base Village – Below Pioneer Ridge

The Steamboat Base Village® would feature the most contemporary facilities in the ski industry. The slope-side village would feature five-star hotels and residence club accommodations fitted with the finest appointments. Boutique posh shops would provide a unique shopping experience. The contemporary village would have a look and feel of permanence. The Steamboat Base Village® will be nestled creekside featuring aspen tree-lined walking paths through the Routt National Forest. The village adjoins the Steamboat Ski Area and the town of Steamboat Springs.

For details and procedure guidelines see Steamboat Base Village® www.steamboatbasevillage.com.
What the people think: https://teamyazbeck.com/blog/what-the-steamboat-base-village-auction-means-for-the-local-real-estate-market/?amp=1

For an overview of the proposed FallsCreek Group’s Steamboat Base Village® development, go to: www.steamboatmountain.com or www.steamboatbasevillage.com.

Visit Peak Rankings for 2024 at https://www.peakrankings.com/content/steamboat.

Disclaimer: The contents herein are the opinions of the FallsCreek Group LLC and Steamboat Mountain® and are not in any way based on the information or endorsements from the Steamboat Ski Resort® or any other entity.

Thomas Grant, Managing Partner
FallsCreek Group, LLC
+1 702-304-1980

Thomas Grant, Managing Partner
FallsCreek Group, LLC
[email protected]

The post FallsCreek Group LLC Invites Proposals for Premier Steamboat Base Village® Development, Enhancing Steamboat Springs’ Ski Experience appeared first on Pinion Newswire.

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