October 2024: Miami New Development and Pre-Construction Condo Update
Nov 11, 2024 November 11, 2024
Miami’s exclusive preconstruction condo market saw a flurry of activity this October, with Surfside being a star. While Surf Row Residences launched sales, Seaway at The Surf Club ramped up closings, with 13 out of 34 units already sold out. Additionally, sales were launched for Downtown’s upcoming Flow House, the Miami Tropic Residences by Jean-Georges in Midtown, and Pool Haus planned for Bay Harbor Islands.
Further, maintaining their bullish streak, developers revealed plans for eight new preconstruction projects in Miami, including a massive new Faena District with two towers on the Miami River. Developers at Edgewater’s Cove Miami and The Rider at Wynwood began converting reservations to contracts. Also, while Bruce Eichner’s La Baia North broke ground, Wynwood’s highly anticipated NoMad Residences topped off.
Read on to find out which branded condo development is planned to elevate the cultural scene in East Brickell, along with details on other updates in our monthly Miami condo pre-construction news roundup for October 2024:
October 2024 – Miami Condo Pre-Construction Market at a Glance
Sales Launched
- Surf Row Residences – Surfside
- Flow House – Downtown Miami
- Jean-Georges’ Miami Tropic Residences – Midtown Miami
- Pool Haus – Bay Harbor Islands
Closings Underway
Converting to Contracts
New Sales Gallery
Topped Off
Broke Ground
Approved
Planned/Proposed
- Michael Stern’s 420-foot Condo Tower – South Beach
- The Faena Residences Miami (formerly One River Point) – Miami River
- Eco-friendly Boutique Condos by Meta Development – Brickell
- Luxury Condos by Prosper Group – North Bay Village
- 1,010-foot Supertall by Fortune's Walter Defortuna – Brickell
- Condos by Terra Group to Replace Jungle Island – Watson Island
- 13-story Condo by Brett Weinblatt and Bobby Adjmi – Coral Gables
- Bay Harbor Townhouses Condominium Redevelopment – Bay Harbour Islands
Construction Updates
- Aria Reserve – Edgewater
- Cipriani Residences – Brickell
- Domus ‘FLATS’ Brickell Park – Brickell
- The Residences at 1428 Brickell – Brickell
- Okan Tower – Downtown Miami
Other Updates
- Four Seasons Private Residences – Coconut Grove
- JEM Private Residences – Downtown Miami
- The Standard Residences – Midtown Miami
- Alhambra Parc – Coral Gables
Watchlist
— October 2024 Miami Pre-Construction Condos: Sales Launched
Surf Row Residences – Surfside
Groundbreaking – Early 2025 | Completion – N/A
Relaunching sales for their beachside townhouse-like community in Surfside, developer LD&D and its partners revealed plans for a smaller footprint with lower starting prices and more units. Designed by Alfonso Jurado Architecture and Boris Pena Architects, the three-story Surf Row Residences will be a 25-unit project with luxury amenities and customizable design options.
Units in this beachside community will range from 900 to 2,000 square feet, featuring gourmet kitchens with Miele appliances and built-in wine fridges as well as spa-like bathrooms with free-standing bathtubs. In addition to custom wood and stone design options, buyers can choose to have Restoration Hardware furnishings. Units with private rooftop terraces will have the option to add plunge pools and outdoor kitchens.
Standout amenities will include a rooftop pool deck, Zen spa facilities with a cold plunge, a steam room, a fitness center, a coworking space, private beach access with beach butlers, and more.
Prices start at $1.4 million, with a choice of one- to three-bedroom residences. Contact us for the updated list of amenities, floor plans, and other information to reserve your spot in this distinctive Surfside community.
Flow House – Downtown Miami
Groundbreaking – February 2022 | Completion – 2025
Converting his apartment project to condos, Former WeWork CEO Adam Neumann launched sales for his first-ever Flow-branded condo residences. The 40-story tower has already topped off and is part of the 27-acre, master-planned Miami Worldcenter.
Each of the 466 turnkey residences at Flow House will feature floor-to-ceiling windows, in-unit washers and dryers, luxury bath finishes, and the option to upgrade to a gourmet kitchen. Units will range from 307 to 1,165 square feet and feature sustainably sourced materials along with cutting-edge technology.
Highlight amenities at this sleek tower include a 126-foot lap pool and rooftop infinity pool, a poolside restaurant, a yoga and Pilates studio, a spa, another ground floor restaurant, a bar and coffee lounge, a podcast room and community marketplace for budding entrepreneurs, coworking spaces by Workflow (another venture by Adam Neumann), the Flow Social Club, a dog run, and more.
Prices for the fully furnished residences start at $450,000 for studios and $600,000 for one-bedrooms.
Jean-Georges’ Miami Tropic Residences – Midtown Miami
Groundbreaking – Summer 2025 | Completion – 2027
Marking the Michelin-Star chef’s first foray into residential real estate, Terra and Lion Development Group launched sales for the Miami Tropic Residences by Jean-Georges Vongerichten this October. Designed by Miami-based Arquitectonica, and with interiors by Toronto-based Yabu Pushelberg, the 48-story tower will rise with 329 condos.
Needless to say, the French chef will be involved in planning each and every element of the building and will curate its 41,000 square feet of amenities. These will include a rooftop pool, a private dining room with a chef’s kitchen, a bar and lounge, a squash court, ping pong tables, a spa, a salon, an outdoor theater, a podcast studio, multiple gardens, and more. Residents can also look forward to dining at Jean-Georges’ ABC Kitchen on the ground floor, bringing top dining to Midtown.
In addition to exceptional in-residence kitchens designed by the celebrity chef and culinary experiences, the tower will feature 27,500 square feet of ground-floor commercial space.
Prices start at $1.6 million, with a choice of one- to four-bedroom residences.
Pool Haus – Bay Harbor Islands
Groundbreaking – Early 2025 | Completion – 2027
Brooklyn-based developer Redhoek+ launched sales for its second development in Bay Harbor Islands this October. A sister tower to the 50% pre-sold Solina Bay Harbor, this 7-story boutique tower will feature a collection of only 18 super-sized residences.
Each design-forward home will feature sleek travertine kitchens with Bosch appliances and European oak finishes. Units will span 2,200 to 3,400 square feet in size. The boutique tower will also include four limited edition residences boasting their own private pool.
Standout amenities at this stunning building will include a rooftop pool, a 24/7 fitness center, spa facilities, and a double-height lobby.
Prices range from $2 million to $5 million, with a choice of three- to four-bedroom residences. Contact us for more details on floor plans, the full suite of amenities, and other curations in this stunning pre-construction.
— October 2024 Miami Pre-Construction Condos: Closings Underway
Seaway at The Surf Club – Surfside
Groundbreaking – N/A | Completion – October 2024
Developed by Fort Partners, closings are now underway at the recently completed Seaway at The Surf Club. Perched beachfront at 9149 Collins Avenue, the 34-unit, two-building development connects to The Surf Club Four Seasons Hotel and Residences located immediately south, giving residents direct access to its five-star amenities and historic features. Buyers have already closed on 13 units in the oceanfront project, with one purchasing four units in the luxury building for a combined price of $50.9 million.
Designed by esteemed architect Joseph Dirand and ODP Architecture, this pair of 11-story buildings affords a stunning combination of classic European modernism with contemporary features. Expect breathtaking ocean views, generously scaled interiors, and expansive balconies. In addition to access to the four pools, signature restaurant, and other amenities available at the members-only Surf Club, you will also enjoy prime services by the Four Seasons brand at home.
Reach out directly for details on prices, floor plans, and remaining units for sale at this highly exclusive oceanfront new construction.
— Miami Pre-Construction Condos: Converting to Contracts
Cove Miami – Edgewater
Groundbreaking – Q1 2025 | Completion – 2027 (estimated)
New York-based developers SB Development and Hazelton Capital Group started converting reservations into contracts for their 40-story waterfront project this October. The duo launched sales for the boutique condo in Edgewater, Miami in June and has already completed demolition work along with the construction of a seawall on the site.
Designed by Kobi Karp Architecture, the stunning bayfront tower will feature 116 luxury residences. Buenos Aires-based interior designer Dieguez Fridman skillfully incorporates natural elements alongside premium finishes to create sublime and tranquil living spaces in one of Miami’s most sought-after, centrally located neighborhoods. Short-term rentals will not be allowed at Cove Miami to ensure maximum privacy.
Highlight amenities at this stunning tower include a ground-level waterfront restaurant, a resort-style rooftop pool deck overlooking the bay, a rooftop bar, a lounge patio, a hammam, a spa with cold plunge pool, a spin auditorium and yoga room, a game room, an owner’s lounge and wine cellar, a children’s playroom, a microcinema, a pet spa, dock for water sports, guest rooms, private office suites, electric vehicle charging, and more.
Prices start at $1.3 million for a two-bedroom and exceed $3.5 million for the larger, four-bedroom residences. Contact us to learn about the unique investment opportunities that become available as a condo project starts converting to contracts.
The Rider at Wynwood – Wynwood
Groundbreaking – Early 2025 | Completion – Late 2026
With developer Rilea Group converting bookings to contracts, it's the perfect time for potential buyers to reserve a rock-and-roll-themed condo in one of Miami's most vibrant neighborhoods. The transit-oriented Rider at Wynwood will rise 12 stories at 94 N.E. 29th Street, next door to Wynwood’s upcoming Brightline station, and allow Airbnb rentals – making it a fantastic investment opportunity. Call, text, or email us to reserve your residence in this landmark new construction with no rental restrictions.
Designed by Deforma Studios, this luxury high-rise will feature 146 turnkey residences. Its façade will showcase a unique blend of Chicago's industrial chic, New York's SoHo aesthetic, and Miami's vibrant artistic flair. Units will range from 511 to 1,612 square feet in size. The rich and bold interiors designed by the award-winning RADYCA will be a reflection of the building’s exterior.
Amenities at this themed project will include a 6,000-square-foot rooftop speakeasy lounge inspired by Sugar at East, a resort-style rooftop pool overlooking the city, “The Vinyl” hi-fi listening room, a “Reset” spa with cold plunge pools and IV therapy, 5,000 square feet of retail on the ground floor, as well as prints from the Morrison Hotel Gallery, Iconic Images, and Modern Rocks Gallery displayed throughout the property. Residents will further have access to the “Toybox,” a collection of in-house Harley Davidson motorcycles and vespas available for rent.
Prices range from the $600,000s to upwards of $1.8 million, with a choice of fully furnished studios to three-bedroom residences.
— October 2024 Miami Pre-Construction Condos: New Sales Gallery
The Residences at Mandarin Oriental (One Island Drive) – Brickell Key
Groundbreaking – First half of 2026 | Completion – 2029-30
The 7,000-square-foot sales pavilion with panoramic bay views for the Residences at Mandarin Oriental is open to host potential buyers. You can now experience all the custom finishes, unique curations, and thoughtful design elements that make this 5-acre project a landmark creation, perched on the southern tip of Brickell Key. With about $500 million worth of contracts already signed within just 60 days of launching sales, contact us for a private presentation at their spectacular sales gallery before this one-of-a-kind project is completely sold out.
Architected by Kohn Pederson Fox Associates (KPF), the 800-foot Residences at Mandarin Oriental (south tower), will feature 228 condo units with wrap-around balconies and rich interiors by renowned Parisian designer Tristan Auer. Owing to its beautiful island location, all residences in the 66-story tower will be privy to panoramic water views.
Amenities at this world-class property will include a 100,000-square-foot, resort-style amenity podium featuring multi-tiered infinity-edge pools, an art walk, a signature spa, a state-of-the-art health and wellness club, a forest yoga lawn, a tea garden, multiple restaurants, a kid’s activity center, a golf simulator, a game room, dining rooms with chef kitchens, executive work lounges, a dog grooming spa and a pool, plus landscaping by the renowned Thai firm, Shma.
Sales for the 400-foot North Tower with 121 guest rooms, 66 private condos, and 28 condo-hotel units are expected to launch soon. The North Tower will replace the existing Mandarin Oriental Hotel, which is scheduled for demolition in the third quarter of 2025 after shutting down operations in May.
Prices range from $4.9 million to about $100 million, with a choice of two- to five-bedroom residences. Watch our exclusive video tour of the Residences at the Mandarin Oriental sales gallery for a preview of the unique luxuries available at this one-of-a-kind development.
— October 2024 Miami Pre-Construction Condos: Topped Off
NoMad Residences – Wynwood
Groundbreaking – September 2023 | Completion – Late 2025
Celebrating the milestone with a “topping off” ceremony, developers Related Group, Tricap, and Lndmrk Development also announced that the highly anticipated mid-rise was over 80% sold. Designed by Arquitectonica, the building stands nine stories tall with 329 turnkey condos crafted to appeal to digital nomads.
Each fully furnished residence at NoMad features avant-garde interiors by the Toronto-based DesignAgency. Units range from 464 square feet to 931 square feet in size. Owners are allowed short-term rentals using Nomad’s in-house team. The mid-rise also features 18,452 square feet of commercial space.
Standout amenities at the world’s first NoMad-branded residences include a rooftop NoMad Bar and restaurant helmed by the James Beard Award-winning chef Leo Robitschek, a 13,000 square-foot Casa Tua Cucina on its ground floor, plus a signature NoMad library and lounge with curated events. Other amenities include a fully-serviced pool deck with private cabanas, an indoor-outdoor fitness center, an outdoor theater with lawn seating, co-working spaces, and museum-quality art from Jorge M. Pérez’s private collection.
Prices start in the $600,000s, with a choice of fully-furnished studios to two-bedroom residences.
— October 2024 Miami Pre-Construction Condos: Broke Ground
La Baia North – Bay Harbour Islands
Groundbreaking – October 2024 | Completion – Q1 2027
Developer Ian Bruce Eichner broke ground on the 60% pre-sold La Baia North this October. Sister tower to Eichner’s fully sold out La Baia (south), which is only 80 yards upstreet, this more lavish north tower affords residents larger residences with dens, a Tesla house car, and for-sale private boat slips.
Designed by Revuelta Architecture, this waterfront building will rise eight stories with 57 ultra-luxury residences. Featuring the same light, airy aesthetic as its sister tower, this north tower will further afford plus-den floor plans starting at 1,400 square feet and high-end interiors by New York’s Durukan Design. All units will boast European wide-plank wood flooring, custom kitchens with Miele appliances, generous double-closet space, and expansive balconies with clear glass railings.
Home to over 20,000 square feet of resort-style amenities, residents will gain access to a rooftop pool deck with a separate kids’ splash pad, a sunset lounge, a fire pit, a grilling station, a fitness center, plus a private marina with water sports launch dock.
Prices start at $1.4 million, with a choice of two- to four-bedroom residences.
— October 2024 Miami Pre-Construction Condos: Approved
14 Roc – Downtown Miami
Groundbreaking – Spring 2025 | Completion – 2027
After launching sales in July, GFO Investments rushed to secure approvals. 14 ROC is now approved by the Federal Aviation Administration to rise 407 feet above sea level and has its utilities agreement in place. The developer has also filed for a tree permit to expedite the process.
Designed by RSP Architects and with interiors by March and White Design, the short-term rental-friendly project will rise 32 stories with 284 furnished residences. It is named after its organic, rock-like base. Units will range from 410 to 960 square feet. There will be no parking on-site since the development falls within the nearby School Board Metromover Station’s rapid transit zone
Featuring 25,000 square feet of amenities across three levels, residents will gain access to a rooftop pool, grilling areas, a fitness center, a yoga lounge, a steam and sauna room, a game room and an entertainment lounge with kitchen, a karaoke room, a movie room, a kids’ room, a co-working lounge, and more. There will also be 1,502 square feet of retail, a 2,000-square-foot full-service restaurant, and lush landscaping by Urban Robot Associates.
Prices start at $495,000, with a choice of studios to two-bedroom residences.
13-Story Luxury Condo by Terra – Key Biscayne
Approved by the City Commission, David Martin’s Terra Group can now replace the oceanfront Silver Sands Beach Resort with a 13-story luxury condo. Located at 301 Ocean Drive, the family-friendly motel was built in 1956 but was severely damaged by Hurricane Andrew in 1992. The developer is currently under contract to purchase the historic hotel at 301 Ocean Drive.
Designed by Touzet Studio in collaboration with ODP Architecture & Design, the new 13-story tower would feature 56 luxury condos with 221 underground parking spaces. Standout amenities would include three pools, multiple restaurants, a gym, a spa, and a separate lodge building with a beach bar. Units will range from 3,354 to 4,788 square feet, with an additional two units spanning 8,086 square feet with a rooftop pool each on the top floor. Landscaping will be handled by Raymond Jungles.
The project seeks to improve beach access for the community while raising the bar for coastal living. Envisioned to become the “most climate resilient project on Key Biscayne,” it will feature solar panels on the roof and its first floor will be built higher than the city code to protect it from any future increase in sea levels.
Additionally, Terra has agreed to contribute $1.5 million to improve drainage in the Holiday Colony area as well as spend $540,000 to improve the intersection at Sonesta Drive and Crandon Boulevard.
— October 2024 Miami Pre-Construction Condos: Planned
Michael Stern’s 420-foot Condo Tower – South Beach
Michael Stern’s JDS Development plans to develop a Kobi Karp-designed, 29-story, 100-unit condo tower at 1250 West Avenue. With a height of 420 feet, the new luxury tower will rise close to JDS’ Monad Terrace, designed by Jean Nouvel, where condos sell for an average of $2,267 per square foot.
Stern’s proposed tower will replace a 60-year-old bayfront building called Bay Garden Manor Tower. This existing 15-story, 238-unit condo building is in need of a recertification and has become "utterly obsolete," suffering from issues such as mold and rotting pipes. Stern intends to finalize the bulk buyout of the older tower by next year.
JDS’ proposed condo tower will include a 180-seat restaurant. Units in the new bayfront tower would average 2,000 square feet. To protect owner privacy, the tower will not allow short-term rentals.
To build the new condo tower, Stern must secure a series of zoning changes that would allow for the construction of a 285-foot taller building with an additional 228,000 square feet of density. In return, the developer has proposed investing up to $25 million in constructing a new parking garage for local residents at the site of the Bikini Hotel. An additional $4 million would be allocated to complete missing baywalk sections along West Avenue, while another $1 million would be dedicated to renovating the Community Health Center at 710 Alton Road.
Currently, the project faces opposition due to concerns about its height and local impact. However, the developer argues that the new tower will have a more compact footprint compared to his existing entitlement for a massive 150-foot-tall building with 286 units on the site.
The Faena Residences Miami (formerly One River Point) – Miami River
Groundbreaking – 2026 | Completion – N/A
Following the huge success of Mid-Beach’s Faena House and cultural district, Miami River is set to receive its very own condo and cultural epicenter under the same brand. Developers Kar Properties and Fortune International have partnered with Alan Faena’s luxury lifestyle brand to construct two 60-story condo towers at 90 Southwest Fourth Street.
Designed by New York’s highly acclaimed Rafael Viñoly Architects, the riverfront skyscrapers will rise with a total of 440 residences and a two-story cultural facility connecting them at the top. The 45,000-square-foot amenity space will feature programming by Faena. The striking luxury towers will be part of the three-block Faena District Miami River – a multi-phase cultural epicenter with curated spaces, public art, wellness facilities, and a marina set within the only 14-acre private park along the river.
Prices are expected to start at $1 million, with a choice of one- to four-bedroom residences. Sales for The Faena Residences Miami River are expected to launch late this year. Call, text, or email us for access to early bird prices and floor plans.
Eco-friendly Boutique Condos by Meta Development – Brickell
With all the condos at 1888 Brickell Avenue under contract and having closed on 1870 Brickell Avenue, Meta Development announced plans to build an eco-friendly low-rise in Brickell. Designed by Brazil-based OSPA Architecture and Urbanism, the pair of 5-story towers will feature a total of 36 luxury condos and be connected by a rooftop pool deck.
Using state-of-the-art energy efficiency systems, locally sourced environmentally safe materials, and smart home tech, the building will promote environmental well-being for its residents as well as the surrounding community. Sales are expected to launch in September 2025.
Prices are expected to start at $2.5 million, with a choice of three- to five-bedroom residences.
Luxury Condos by Prosper Group – North Bay Village
Groundbreaking – 2027 | Completion – 2029
With plans to develop a 147-unit luxury condo, partners MG Developer and Prosper Group closed on their purchase of 1681 and 1725 Kennedy Causeway this October. The duo paid $30.9 million for the 1-acre waterfront assemblage, which is currently home to an 18,758-square-foot office building built in 1961.
The North Bay Village development is expected to feature one-, two-, and three-bedroom units, along with a waterfront restaurant, retail spaces, and other resort-style amenities. MG and Prosper plan to launch presales during the first half of 2025.
1,010-foot Supertall by Fortune's Walter Defortuna – Brickell
Fortune International’s Walter Defortuna revealed plans for a 1,010-foot-tall mixed-use tower at 1421 South Miami Avenue this October. Owing to its proximity to Metromover stations, the development site is part of a Metromover subzone (of the rapid transit zone), which allows for larger developments.
Designed by Arquitectonica, the 81-story supertall would feature more than 117,000 square feet of offices on floors 13-17, 84 hotel rooms on floors 20-23, and 560 residences on its upper floors. The bottom stories would house about 6,000 square feet of ground-floor retail and a 1,226-garage parking podium. The developer has yet to announce whether this will be a condo or apartment tower.
Fortune had acquired the 1-acre South Brickell site for $5.6 million in 2002. Currently, the parcel carries a single-story retail building, which is leased to the likes of Blume Nightclub, Paperfish Sushi, and the Novecento Steakhouse.
Condos by Terra Group to Replace Jungle Island – Watson Island
Jungle Island owners Terra and ESJ Capital plan to construct hundreds of condos on the north side of Watson Island. The developer duo has proposed building a waterfront public park at no cost to the city in exchange for being allowed to go ahead with their plans for the massive condo development.
With the referendum passing voter approval, developers will be obliged to return 13 acres of land to the city, construct the new park, cancel the lease on the existing theme park and hotel, and contribute $15 million towards affordable housing, infrastructure, and other public benefits. The plans for the waterfront park further include the construction of a boardwalk along Biscayne Bay. There will also be an under-bridge activator on the island’s south side that will connect to another planned development at Island Gardens.
13-story Condo by Brett Weinblatt and Bobby Adjmi – Coral Gables
With plans already submitted to Miami’s Development Review Committee, a development team led by Brett Weinblatt and Bobby Adjmi plans to build a 13-story condo at 2501 Galiano Street in Coral Gables. The new development will replace a former Truist Bank branch, which is a short walk from Miracle Mile.
Designed by Coral Gables-based Bermello Ajamil Partners, the proposed condo will rise with 93 condos, a rooftop pool deck, and 1,655 square feet of amenity space. Units will start on the 5th floor and range from 501-square-foot studios to 1,216 square feet with three bedrooms. The proposed building will allow short-term rentals and include 7,863 square feet of ground-floor commercial space along with 117 parking spaces.
Bay Harbor Townhouses Condominium Redevelopment – Bay Harbour Islands
With the lender voluntarily dismissing a $4.69 million foreclosure lawsuit against Bay Harbor Townhouses, guarantors Zvi Yosifon and Ori Darmon plan on redeveloping the property into a nine-unit condo building. Located at 9720 W. Bay Harbor Drive, the older building sold out for $6.25 million in early 2023, and its condo association has since been terminated. Built in 1978, the building occupies a fine piece of waterfront.
— October 2024 Miami Pre-Construction Condos: Construction Updates
Aria Reserve – Edgewater
Groundbreaking – October 2023 (North Tower) May 2022 (South Tower) | Completion – Early 2025
Developer Melo Group announced that it aims to secure the Temporary Certificate of Occupancy for its nearly complete, 85% pre-sold South Tower by January next year and begin closings soon after. Construction for the 95% pre-sold North Tower is also underway and scheduled for a 2025 completion.
Designed by Arquitectonica, the twin Aria Reserve towers feature a unique zigzag pattern. While the north tower will be home to 399 stunning units, the south tower carries 383 luxury residences. All residents will gain access to direct water views, 11-foot-deep terraces, East-to-West flow-through floorplans, a dedicated office/bonus room, and interiors by MORADA Haute Furniture Boutique.
A 2-acre recreation deck will be the highlight of amenities at Aria Reserve. The deck will feature a semi-Olympic lap pool, a whirlpool spa, a children's splash pad, a gaming center, a teen lounge, plus a playground. Other amenities will include a bi-level signature waterfront restaurant and café, a solarium, a telescope observatory area, miniature golf, tennis courts, basketball courts, paddle courts, an indoor-outdoor wellness center, a wine cellar, meditation gardens, a dog park, and a custom-designed water sports dock with rentable equipment.
Prices started at $920,000, with a choice of one- to four-bedroom condo residences.
Cipriani Residences – Brickell
Groundbreaking – February 2024 | Completion – 2028
With the largest foundation pour in Brickell this year, Cipriani Residences got on track for a 2028 completion. Part of a three-tower mega-development planned for 1420 South Miami Avenue, the Cipriani Residences will rise 950 feet above sea level – making it the tallest ever to break ground in Brickell.
Designed by Miami’s highly acclaimed Arquitectonica design firm, Brickell’s Cipriani Residences will rise 84 stories with 397 ultra-luxury residences. All luxury residences and common spaces will be crafted to embody the Italian standards of hospitality known of the brand Cipriani. Homes will feature lavish interiors by 1508 London, expansive terraces, custom Italian kitchen cabinetry, Wolf/Sub-Zero appliances, an intelligent interface with access to building services, and much more.
Besides delivering the legacy brand’s world-class services and distinguished style, amenities will include a two-pool deck with cabanas and food service, a sun terrace, a spa with ice plunge, a beauty salon, a fitness center, a pickleball court, golf simulator, screening room, library, children’s playroom, round-the-clock Cipriani dining services inclusive of a Cipriani bar and private dining rooms, 10,000 square feet of retail, a dog park, an in-house limousine, and more.
Prices start at $1.7 million, with a choice of one plus den- to four-bedroom residences. Cipriani’s Canaletto Collection of six penthouses starts at $17 million. For the full experience, watch our exclusive video detailing the perks and curations made available at Brickell’s Cipriani Residences.
Domus ‘FLATS’ Brickell Park – Brickell
Groundbreaking – March 2024 | Completion – Q1 2026
Soon after completing its foundation pour this October, Domus Brickell Park began vertical construction. On track for a 2026 completion, this joint venture between Dunin’s Oak Capital and Peru-based Edificia is more than 60% sold out. Unit owners will be allowed daily rentals via a short-term rental program managed by Domus and will only be allowed to reside in their units no longer than 6 months at a time.
Designed by Miami-based Zyscovich Architects, the 12-story Domus FLATS (Flexible Apartments for Temporary Stays) will feature an exquisite collection of 172 turnkey units. Amenities will include interiors by Urban Robot, a rooftop pool deck, a wellness center with steam room and gym, a food and beverage market called the Peacock Room with wine and specially brewed beers, a café and bakery, plus a lush garden lounge. The modern development will further afford art programming highlighting local artists along with access to its dedicated Domus App for rental management, among other amenities.
Hosteeva will manage the booking system, hotel, and marketing activities spanning over 85 sales channels at Domus. Owners choosing daily rentals will need to use Hosteeva’s program, while those opting for monthly rentals can use third-party programs. Hosteeva will also be in charge of pricing the units based on real-time market data.
Prices for remaining units range from the $600,000s to about $1.2 million, with a limited choice of studios to two-bedroom residences.
The Residences at 1428 Brickell – Brickell
Groundbreaking – 2024 | Completion – 2027
With a site work permit in place, developer Ytech can now go full throttle on construction. The world’s first (partially) solar-powered residential high-rise capable of generating its own electricity is on track for a 2027 completion.
Designed by Italian starchitects Antonio Citterio & Patricia Viel (ACPV Architects) in association with the award-winning Arquitectonica, The Residences at 1428 Brickell will rise 70 stories with 189 ultra-luxury residences. Besides flaunting a flowing design, the bayfront tower will afford earthy interiors by ACPV Architects with thoughtfully designed floor plans for day and night use. All residences in this LEED-certified tower will be plus-den.
Conceptualized by solar energy consultants Cosentini Associates, the supertall will be able to generate 170 megawatts of clean energy per year. Amenities at this high-design tower will include a 7th-floor resort deck with two pools, aquatic therapy, a children’s splash pad, plus a club bar and lounge. There will also be a teen’s sports simulator, a children’s interactive playground and creativity room, a children’s learning center, a cinema room, 10,000 sq. ft. of dedicated gym and spa space, a wellness concierge, a golf simulator, a beauty suite, a barbershop, plus an outdoor sun terrace with yoga pavilion.
Additionally, residents will gain access to a two-story owner’s club and rooftop observatory, a double-height wine and spirits lounge, a two-story atrium with lush planting, a rooftop lounge bar, plus a library lounge with tea, coffee, and champagne offerings.
Prices range from $2 million to $7 million, with a choice of two- to four-bedroom plus den residences, including a Penthouse Collection priced from $8 million to $60 million.
Okan Tower – Downtown Miami
Groundbreaking – June 2022 | Completion – 2027
With construction reaching level 5 this October, developer Okan Group is maintaining a steady pace to deliver its tulip-inspired condo-hotel in 2027. Designed by Behar Font Architects, the 70-story skyscraper will feature 163 sky residences (condos), 14 two-story lofts, 236 short-term rental condos managed by Hilton, a 316-room Hilton Miami Bayfront Hotel, and 64,000 square feet of office space. Owners will be allowed to rent their units using Hilton Hotel & Resorts’ rental program.
Featuring a separate elevator for each type of residence – the tower’s hotel rooms will fill the lower levels, condo-hotel units will start from the 36th floor, and sky condos will be placed above the 51st floor, delivering miles-upon-miles of views. Further affording hotel guests and residents the utmost privacy, the Okan Tower will feature a separate set of amenities for both. Residents of its “sky” condos will get exclusive access to the 70th-floor rooftop pool and deck, a 12th-floor lap pool with indoor-outdoor lounges and clubroom, a dedicated wellness spa, a fitness center with a yoga studio, an owner’s lounge, a wine cellar, a theater room, and a fully-equipped children’s sensory playroom.
Condo-hotel owners will gain access to amenities on floors 27, 28 & 30 – inclusive of an outdoor pool with indoor-outdoor lounges and private cabanas, a signature wellness spa with Turkish treatments and a marble Hamman, a high-tech fitness center, over 4,500 square feet of ballroom space, multiple bars, a grab-and-go-café, conference and meeting rooms.
Owners of both the condo-hotel and condo residences will have access to premier services managed by Hilton Hotel & Residences, such as in-room private dining, in-room spa treatments, professional housekeeping services, on-site laundry and dry-cleaning services, a lifestyle concierge, and more.
Prices started at $600,000, with a choice of condo-hotel, condo, and penthouse units.
— October 2024 Miami Pre-Construction Condos: Other Updates
Four Seasons Private Residences – Coconut Grove
Groundbreaking – N/A | Completion – 2027
Developers Fort Partners and CMC Group revealed exciting new information regarding the 10,000-square-foot spa and wellness club that will be part of Coconut Grove’s first Four Seasons project. Designed by an Italian spa consultant, the “Ceaser Experience” spa will offer a variety of amenities, including a hydromassage pool, an ice fountain, cold plunges, and a full sauna circuit inspired by ancient Roman bath chambers.
Designed by Miami’s Luis Revuelta, this five-star property will rise 20 stories with only 72 private residences and no hotel component for absolute privacy. All condo residences will feature nearly 11-foot-high ceilings, designer Italian kitchens, bathrooms with Italian marble, and more high-end curations by Florentine designer Michele Bönan. Units at the boutique tower start from nearly 3,000 square feet to about 4,000 square feet, with a choice of two- to four-bedroom layouts.
As expected, Four Seasons’ exemplary hospitality will be the centerpiece, offering access to signature services such as in-residence spa treatments, in-residence dining, housekeeping, butler service, and more. Other amenities at this stunning elliptical tower include a signature restaurant on the first floor, a world-class spa, a premier gym and yoga room, a fully serviced pool deck, a lounge and bar area, a kids’ area, a party room, and more. First owners will further receive a membership to the Surf Club Four Seasons Beach Club in Surfside.
JEM Private Residences – Downtown Miami
Groundbreaking – April 2024 | Completion – 2027
With its site work permit in place, developer Naftali Group dropped details on the two luxury penthouses that will crown the condo-apartment tower. Priced at $8 million, the JEM Sky Villas will feature furnishing and interiors by FENDI Casa with floor plans spanning 5,083 to 5,277 square feet. The four-bedroom, four-and-a-half-bathroom villas will include a library and a wraparound terrace. Reach out to us for more details on these crown jewel residences at this centrally located project in Miami Worldcenter.
Designed by Arquitectonica, JEM Private Residences will rise 67 stories with 259 condos and about 530 rental units. While the apartments will occupy the lower floors, the condos will start from the 43rd floor to offer the best views. Residences will feature sophisticated interiors by New York’s Rockwell Group.
Ensuring complete owner privacy, JEM’s condo and rental units will feature separate entrance lobbies, elevators, and amenity centers. Further, owners will only be allowed four rentals per year, with a minimum stay restriction of 30 days.
Perched on the 50th floor, condo amenities will include a pool deck, a cold plunge pool, an outdoor fitness center with a boxing ring, a yoga garden, a tasting room, a private dining room, an entertainment lounge, a game room/lounge, a co-working area, and a spa with sauna, steam, and salt room. There will also be 3,300 square feet of ground-floor retail and a parking garage.
Prices range from $600,000 to $2 million, with a choice of 575-square-foot studios to 2,062-square-foot four-bedroom residences.
The Standard Residences – Midtown Miami
Groundbreaking – April 2023 | Completion – Q3 2025
In addition to Juvia Group’s “Solana” restaurant and bar, Midtown’s Standard Residences will house another fan favorite – Sushi Garage. Another stellar culinary concept by the Juvia Group, the restaurant is known for its modern take on traditional Japanese cuisine.
Designed by Arquitectonica, this highly anticipated project stands 12 stories tall with 228 luxury residences. Units range from 432 to 965 square feet in size, with studio to two-bedroom layouts. The project, although developed in collaboration with New York’s Standard Hotel, does not feature any hotel on site.
Developed by Rosso Development, Standard International, and Midtown Development, the residence-only project is 96% pre-sold. Featuring a flexible rental program, owners will be allowed to rent 12 times a year, with a 30-day minimum stay requirement. Owners will further gain access to a “Friends with Benefits” program, affording them preferred pricing at all Standard properties across the globe.
In addition to modern interiors by Urban Robot Associates, residences will feature open floorplans, open-concept kitchens with top-of-the-line appliances, premium wood-inspired flooring throughout, custom bathrooms featuring coveted double vanities and dual shower heads, and other high-end touches.
Besides featuring 34,000 square feet in amenity space, The Standard will also be home to 11,000 square feet of retail. Standout amenities include a landscaped rooftop with 60-foot resort-style sunset pool, outdoor rain showers, a lobby-level outdoor café, an infrared sauna, an indoor pickleball court with disco lights, a karaoke bar and screening room, a state-of-the-art sweat floor, a work floor featuring co-working spaces and Zoom rooms, a pet spa, and much more.
Prices range from $500,000 to $1 million for remaining units.
Alhambra Parc – Coral Gables
Having won approval for its boutique condo project at 33 Alhambra Circle, Coral Gables-based MG Developer secured a $14.5 million loan to cover pre-development costs this October. Designed by Bellin Pratt & Fuentes Architects, the project will rise up to 11 stories with only 78 luxury residences, featuring a mix of one-, two- and three-bedroom units. Floor plans will range from 1,028 to 3,366 square feet in size.
Alhambra Parc will feature two amenity roof decks, a total of 13,343 square feet of office space, 17,926 square feet of ground-floor commercial space, and 146 parking spaces. One of the roof decks will include a pickleball court, while the other will offer a pool, a spa, and open-air cooking areas. With this new loan, the developer has a full year to further refine plans.
Located within half a mile of Coral Gables’ Miracle Mile, the mixed-use development will replace five of the six existing buildings onsite. The historic two-story building at 42 Navarre Avenue will be preserved and included as a renewed commercial space.
— October 2024 Miami Pre-Construction Condos: Watchlist
$28M offer for Location Ventures’ Dev. Site – Coconut Grove
Miami-based developer Andrew Korge plans to drop $28.2 million to purchase Location Ventures’ embattled Urbin Coconut Grove site. Located at 3120-3170 Commodore Plaza, the partially gutted site is entitled to carry 30 residential and commercial condos along with 41,161 square feet of commercial space. Court-appointed receiver Bernice Lee is seeking court approval to sell the mixed-use site.
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