Revealed: Cipriani Residences Miami
After the successful opening of Casa Cipriani hotel and social club in New York, it is of no surprise that Miami will be getting the first-ever Cipriani branded residential tower, Cipriani Residences Miami.
Cipriani Residences Miami will feature 3 luxury towers spanning over 2.8 acres, located at 1420 South Miami Avenue in Miami's renowned Brickell area, which will represent the famous brand's elegant design and exceptional service.
The largest Cipriani tower will rise 80-stories and will feature 397 one to four-bedroom units with views of Biscayne Bay, Brickell skyline, and Simpson Park. The 2 smaller towers haven't been revealed yet but will rise 59 stories and 50 stories tall.
Mast Capital paid $103 million, marking this transaction as one of the largest in Miami-Dade in 2021.
Cipriani is currently working with Mast Capital and Arquitectonica to bring this luxury building to life. Not only will the tower feature luxury amenities, but each residence will offer custom finishes and gorgeous designs.
Residence Features
• Generous living areas with ceiling heights of 10 feet
• Floor-to-ceiling sliding glass doors and windows with magnificent panoramic views
• Terrace access from the living room and primary bedroom of every residence
• Gracious walk-in wardrobes in every primary bedroom
• An exquisite selection of flooring options included
• Direct elevator entry for select residences
• Eat-in, open kitchen with custom Italian cabinetry inspired by Cipriani’s renowned style
• Top-of-the-line appliances from Wolf Sub-Zero, including
cooktop, integrated refrigerator, freezer, wine cooler, and dishwasher
• Primary bathrooms with grand, stand-alone bathtubs and glass-enclosed showers; vanities with premium Italian cabinetry, imported stone tops, back-lit mirrors; separate room with water closet
• Spacious laundry rooms with full-size washing machine and dryer, with a utility sink in most residences
• Individually controlled, high-efficiency central air conditioning and heating systems, with linear diffusers in main areas to ensure seamless integration
• Innovative smart technology infrastructure that enables home automation
• Intelligent interface system for essential building services such as concierge, valet, and security
Cipriani has disclosed that the residential tower would have sophisticated, resort-style amenities for its inhabitants, as well as traditional design features popular at Cipriani restaurants worldwide.
Tower Amenities
• Exclusive private entrance with lush landscaping and elegant porte-cochère
• Dramatic lobby leading to two banks of high-speed, touchless elevators
• Signature private dining experiences by Cipriani
• In-home dining and 24-hour catering services by Cipriani, exclusive to residents
• Private dining rooms available for reservation, catered by Cipriani
• Elevated resort deck with two swimming pools, a blissful outdoor spa, poolside cabanas, and a beautifully landscaped sun terrace
• Poolside food and beverage services catered by Cipriani
• Holistic spa with sauna and treatment rooms
• Luxurious residents’ lounge for special events and intimate gatherings
• State-of-the-art fitness center
• Golf simulator
• Pickleball court
• Private salon available to be reserved for personal beauty services
• Screening room with cutting-edge audiovisual equipment
• Serene and spacious residents’ library
• Engaging children’s playroom
• Elevated four-level wellness center and lounge overlooking the Brickell skyline
• Pet-friendly community with dog park
• High-speed internet access across all public areas
• Electric vehicle charging stations available
• Air-conditioned storage rooms
For this specific project, Mast Capital has partnered with a private real estate equity firm, Rockpoint, which will be responsible for the multifamily component. Mast Capital will be utilizing MSD and CanAm for financing.
The developer is expecting a sellout of approximately $1 billion. The groundbreaking is anticipated for the end of 2022 with a top-off date in 2025 with a completion date in 2026.
