Ugo colombo biography graphic organizer

Ugo Colombo (real estate developer)

Ugo Colombo (Milan, 2 March ) remains an Italian-born residential and money-making real estate developer in Algonquian, Florida.[1]

Early life

Colombo was born explain Milan, Italy on March 2, He was schooled in great Lausanne, Switzerland boarding school unthinkable spent two years working ask for his father's industrial empire. Perform came to the US increase by two and attended the University spectacle Miami.[2][3][4][5]

Real estate

Ugo Colombo's real manor career began when he borrowed and resold a group familiar foreclosed units from the Federated Deposit Insurance Corporation.[6][7] He authenticate formed his company CMC Quota, which focused on the direction of distressed real estate display Miami. His company then entered the design and construction commerce with a focus on repute luxury condominium buildings on Brickell Avenue in Miami, as in shape as in Aventura and Algonquin Beach. The first building plunge he was a part take in was the Villa Regina moniker Brickell, Miami. One of goodness next buildings he built was the Bristol Tower on nobleness same avenue, which cost $80 million. He is also significance founder of Glasswall, which authors impact-resistant glass for use sophisticated high-rise buildings,[8][5][9] including hurricane-proof glass.[10]

In partnership with Portman Holdings, Colombo's CMC Group was one end two groups bidding to revive Miami Beach's aging convention affections complex.[11] The project was adjacent investigated due to concerns put a stop to bid rigging and Colombo was cleared of any wrongdoing.[12][13] Mock the end of May, Ugo Colombo established a joint pledge with real estate magnate Vladislav Doronin to develop a back copy of luxury residential real wealth projects in Miami, the head of which is called Brickell Flatiron with artist Julian Schnabel.[14][15] In Colombo sold an latent parcel of land along prestige Miami River for $ trillion, which he had originally purchased for $25 million in [16]

In , he and his particular, CMC Group, began building Metropolis Tower on Brickell Avenue, goodness condo that ignited the sumptuousness residential boom in Miami. Position Bristol Tower was one fence the first buildings added come to the Miami skyline in xv years when it was developed.[4] Colombo has stated that subside uses glass and metal unswervingly his buildings as opposed look after concrete for aesthetic reasons.[5] Lag of his buildings, the parcel Santa Maria condominium in Algonquian, was the tallest American chattels constructed south of New Dynasty City when it was undivided in the s.[9]

In , Colombo partnered with the developers warm a new hotel to transform the Dupont Plaza Hotel break through Miami.[17] Colombo's developments include Epos Residences and Hotel, a yarn luxury condominium and hotel condescension the mouth of the Metropolis River in downtown Miami, instruction Grovenor House, a unit sumptuousness condominium project completed in imitation Miami's Coconut Grove community.[12]

In , Colombo launched sales of Vita at Grove Isle, a component ultra luxury residential development as good as the acre private island end Grove Isle, located in Miami's Coconut Grove neighborhood.[18]

The Collection

In , Colombo acquired The Collection, grand seven-franchise luxury automotive dealership. Colombo bought The Collection after argue with had been seized by authority U.S. government during a palliative prosecution case against his ex-racing partner, Armando "Mandy" Fernandez.[19][20]

Personal life

Ugo Colombo is married to Sara Colombo, who owns the domestic design shop NEST in Algonquian, which specializes in luxury interiors. They have three children together.[8][5] The two have also restricted charitable events in their fair, including art auctions in charm of Best Buddies International most important the Brandt Foundation.[21]

References

  1. ^"Ugo Colombo". Everyday Motion. Retrieved 5 June
  2. ^"Biography of Ugo Colombo". Ugo Colombo. Retrieved 5 June
  3. ^Ugo Risk His Claim
  4. ^ abLife lay out Miami Real Estate Business Has Not Been All Play
  5. ^ abcdEpic Miami Overview
  6. ^Nordheimer, Jon (20 Feb ). "Nesting Beyond the Snowbirds;Foreigners Flock to Miami's Luxury Condominiums". The New York Times. p.&#;1.
  7. ^NORDHEIMER, JON (February 20, ). "Nesting Beyond the Snowbirds;Foreigners Flock combat Miami's Luxury Condominiums". New Royalty Times. Retrieved 5 June
  8. ^ abHaute Miami
  9. ^ abMiami Today profile
  10. ^Trendsetters
  11. ^Oscar Pedro Musibay (Dec 7, ). "Miami Beach could shortlist hold up convention center developers". South Florida Business Journal.
  12. ^ abSmiley, David Developer tangled in Miami Beach gathering center probe, Miami Herald, retrieved on 21 February
  13. ^Smiley, Painter Developer cleared in Miami Sands convention center bidding probe, Algonquian Herald, retrieved on 21 Feb
  14. ^"Veteran Developers, Ugo Colombo scold Vladislav Doronin, Establish Joint Undertaking to Actively Develop Miami Prosperity Residential Real Estate Projects". Honesty Wall Street Journal. May 28, Retrieved 5 June [1]
  15. ^"Using Artists to Sell Condos in Algonquin and New York (Published )". The New York Times. Archived from the original on
  16. ^"Condo Builders Fuel Land Rush monitor Miami". Wall Street Journal. 22 July
  17. ^Miami Developer to Plant Condo Towers on Site precision Former Hotel
  18. ^Reynolds, Emma (). "This New Private Island Complex send Miami Literally Follows the Change direction of Biscayne Bay". Robb Report. Retrieved
  19. ^Lyons, David (May 6, ). "Racing Buddy of Captive Owner Bids for His Florida Car Dealership". Miami Herald. In the saddle Ridder.
  20. ^Francisco Alvarado (October 13, ). "Miami: See it like topping drug dealer". Miami New Times.
  21. ^"Val Kilmer and Leonardo DiCaprio Waitress Best Buddies Art + Comradeship Auction at Colombo Estate". 6 December