Miami Dade’s Water and Sewer Department has approved utilities for an expanded M-Tower project in downtown Miami, increasing the planned apartments from 675 to 765 units. The 57-story building, developed by Lions Group NYC and Fortis Design + Build, will feature residential, retail, and restaurant spaces, with amenities including a landscaped outdoor deck and two pools.
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The foundation pour for the 67-story Mercedes Benz Places tower, one of Florida’s largest developments at over 2.5 million square feet, has been completed. Vertical construction is set to begin in July, with the tower featuring 791 residential units, office spaces, a hotel, retail outlets, and various amenities.
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Oak Row Equities has acquired 49 Northwest 5th Street in Downtown Miami for $38.5 million, where they plan to develop First & Fifth, a 45-story multifamily tower inspired by Venetian architecture. Located near MiamiCentral Station, the project aims to blend historical charm with modern amenities, offering 500 luxury units amidst Miami’s bustling urban core.
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Plans for a tower near the Arsht Center have been officially filed, showcasing a height increase from initial projections to 30 stories, or 353 feet. Despite the upward revision, the number of dwelling units remains unchanged at 283, promising consistency amidst the evolving skyline of Miami.
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Summit Brickell, a 60-story mixed-use development in Miami’s Brickell neighborhood, has received FAA approval to rise 765 feet above ground. Designed by Corwil Architects and developed by Lore Development Group, the project will feature 500 residential units, commercial space, and ample amenities, with completion anticipated by late 2027.
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Alta Developers is set to launch Cassia, a new condo project in Coral Gables designed for short-term rentals, with units priced from $700,000 to $1.8 million. This 12-story, 174-unit development offers a variety of amenities and is strategically located near top local attractions and facilities.
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The Aston Martin Residences tower in downtown Miami has defied expectations by opening with almost all residential units sold, a testament to its allure and exclusivity. Boasting a collaboration between Aston Martin’s design team and architect Rodolfo Miani, this architectural marvel offers unrivaled amenities and panoramic views from its luxurious pool deck on level 55.
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One Park Tower by Turnberry, a 33-story residential development, is under construction in North Miami’s SoLé Mia community, featuring 299 condominiums and a range of luxury amenities. The FAA-approved project, designed by Arquitectonica, received a $172 million construction loan and is expected to complete by 2026.
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Indian Creek Residences & Yacht Club in Miami has sold its second and final penthouse for $11.25 million to a New York-based buyer, featuring luxury amenities including a private marina and state-of-the-art facilities within an exclusive eight-story waterfront building. Designed by Kobi Karp with interiors by Zarifi Design, this boutique development offers a superior living experience with breathtaking views and world-class amenities.
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The Four Seasons Private Residences Coconut Grove, a collaboration between South Florida’s CMC Group and Fort Partners with Four Seasons, marks the first standalone Four Seasons residential project in Florida. This 20-story luxury development in Miami’s historic Coconut Grove will offer 70 residences, combining world-class amenities and services with breathtaking views of Biscayne Bay.
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