Groundbreaking Officially Scheduled for The Standard Residences in Midtown Miami
A start date for construction has been set for The Standard Residences in Midtown Miami, which has also secured water and sewer services.
Carlos Rosso, the company's creator and the owner of Rosso Development, said that the groundbreaking is scheduled for the end of this year.
According to Rosso, condos at The Standard continue to sell at a fast pace. The project has already reached 70% sold as of May 2022.
Situated between the Design District and Wynwood, the Standard Residences will rise to 12 stores and will feature 228 luxury hotel branded units curated by Urban Robot and Standard International. Arquitectonica is listed as the architect on the project.
The luxury units range from 432 to 965 square feet of living space with the studio to two-bedroom floor plan options still available. Prices will range from $469,900 to $949,900
Price Breakdown
- Studios starting at $469,900
- 1-bedroom starting at $699,900
- 1-Bedroom + Den starting at $809,900
- 2-bedrooms starting at $949,900
The units will feature cubby kitchens designed by Urban Robot, expansive 6' deep terraces, and master baths with double showers. Unit owners will be able to rent their units for periods of up to 30 days with exclusive benefits to friends and family.
Amenities:
- 35,000 square feet of amenities
- 10,000 square feet of retail space
- Expansive lobby with lounge areas and a cafe
- Rooftop restaurant
- Bar
- 60-foot resort-style pool
- Sweat room and fitness center
- Indoor pickleball court
- Yoga and stretch studios
- Karaoke bar
- Pet Spa
- Party room
Carols Rosso, owner of Rosso Development has stated that this is his first major development since he left the Related Group. Rosso hinted at additional Standard-branded residential projects in the pipeline.
Standard International, currently operates 16 hotels in the United States and across the world and owns a waterfront hotel on the Venetian Islands in Miami Beach named the Standard Spa.
The sales gallery is still under construction and is expected to be completed in October 2022. Construction on the actual tower has already started and the expected completion date is in 2024.
