Ella Miami Beach has officially commenced construction, according to an announcement on the development’s social media account. This milestone marks a significant step forward for the highly anticipated residential project set to redefine luxury living in North Beach.
The boutique development will feature 103 residential units, offering short-term rental flexibility to cater to modern buyers seeking both investment opportunities and a sophisticated coastal lifestyle. Rising 10 stories, Ella Miami Beach is designed by the renowned architecture firm Arquitectonica, known for their visionary approach to contemporary urban design.
Previously, the developer described Ella’s architectural concept as a seamless blend of classic Art Deco curves with sleek, modern 21st-century lines. This unique aesthetic is expected to pay homage to Miami Beach’s iconic heritage while infusing the neighborhood with a fresh, cutting-edge design.
Located in North Beach, a vibrant and rapidly evolving district, Ella Miami Beach is set to contribute to the area’s resurgence as a sought-after destination. With its groundbreaking now complete, anticipation continues to build as the project progresses toward completion.
In a landmark transaction set to redefine South Florida’s real estate landscape, Oak Row Equities and Mariposa Real Estate have finalized an agreement to acquire Aimco’s coveted 4.25-acre waterfront property at 1001 and 1111 Brickell Bay Drive. Valued at $520 million, this acquisition marks the largest single land purchase in South Florida history and is scheduled to close in the fourth quarter of 2025.
This prime site, boasting 485 feet of uninterrupted Biscayne Bay frontage, is zoned for over three million square feet of development. It is ideally suited for the construction of ultra-luxury condominiums, poised to meet the increasing demand for high-end residences in Miami’s thriving Brickell neighborhood.
“The Brickell Bay Drive assemblage presents a once-in-a-lifetime opportunity to build a transformative project in the most exciting submarket in the City of Miami,” stated Erik Rutter, Managing Partner at Oak Row Equities. “A perfect blend of zoning, site geometry, bay frontage, and location combine to create a truly irreplaceable piece of real estate. We are thrilled to be at the helm of such an important project.”
The flexible zoning of the site permits the construction of multiple towers reaching heights of up to 1,049 feet, making it a one-of-a-kind development opportunity. Oak Row Equities aims to leverage this potential by creating a landmark project that not only redefines Miami’s iconic skyline but also sets new standards for urban luxury.
“Waterfront property of this caliber, size, and scale demands the best in design, and we intend to collaborate with world-class talent to bring our vision to life,” said David Weitz, Managing Partner at Oak Row Equities. “Each one of our projects to date has helped elevate and transform their respective submarkets. With this opportunity, we will bring our unique blend of placemaking and design to the Brickell Bay Drive assemblage and deliver an unmatched product to meet the growing sophistication of the Miami market.”
Mariposa Real Estate, known for its expertise in luxury developments, has partnered with Oak Row Equities on this transformative endeavor. Together, the two firms share a commitment to delivering a groundbreaking product that epitomizes luxury living.
“We are excited to be partners with Oak Row Equities on this amazing opportunity,” said Sam Franklin of Mariposa Real Estate. “We share a vision for delivering best-in-class product and believe there is no better site in Miami to do so.”
As Miami continues to cement its reputation as a global luxury hub, the development at 1001 and 1111 Brickell Bay Drive promises to be a game-changer. With unparalleled bayfront access, the project is set to attract discerning buyers seeking exclusivity, sophistication, and world-class amenities. This historic acquisition underscores the confidence that leading developers have in Miami’s future as a premier destination for luxury real estate.
Miami Beach has a new architectural crown jewel! Five Park, a 48-story luxury condominium tower standing at an impressive 519 feet, has officially taken the title of the tallest building in the city. The developers announced the tower’s receipt of its Temporary Certificate of Occupancy (TCO), signaling its readiness to welcome residents into a new era of upscale coastal living.
While Miami Beach celebrates this milestone, it’s worth noting that much taller skyscrapers grace the skyline across the causeway in the City of Miami. However, Five Park’s achievement represents a significant moment for Miami Beach, showcasing the city’s evolving architectural landscape.
Five Park offers a range of residences from one to four bedrooms, with prices starting at $1.5 million. The original plans called for 280 condominiums, each meticulously designed to exude sophistication and comfort. Complementing the residential spaces is an expansive 50,000 square feet of amenity spaces, ensuring residents enjoy a lifestyle of luxury and convenience.
A defining feature of the development is its integration with the adjacent three-acre Canopy Park, which opened in 2022. This lush green space was a crucial condition for the project’s approval, balancing urban development with community and environmental needs. Designed to enhance the outdoor lifestyle, the park has already become a beloved feature of the neighborhood.
Adding to the connectivity, the Daniel Buren-designed Canopy Bridge will soon break ground. This architectural marvel will link Canopy Park with the South of Fifth Baywalk, further enriching the area’s pedestrian-friendly appeal.
The realization of Five Park was a collaborative effort of some of the industry’s most visionary minds:
Arquitectonica: Led the architectural design, creating a structure that’s as functional as it is iconic.
Anda Andrei: Directed the design vision, ensuring cohesion and innovation throughout the project.
David Martin (Terra) and Russell Galbut (GFO Investments): The driving forces behind the development, turning the ambitious vision into reality.
Moss Construction: Brought the project to life with meticulous execution and timely delivery. Moss has also embarked on another prominent Terra project, the Villa Miami tower in Edgewater.
Five Park isn’t just a building—it’s a statement. From its record-breaking height to its seamless integration with nature and the community, this tower sets a new standard for Miami Beach’s skyline. With the Canopy Bridge on the horizon and the vibrant life surrounding it, Five Park is poised to redefine luxury living in Miami Beach.
In a significant move toward urban renewal, South Miami’s City Commissioners voted on Tuesday to greenlight a transformative redevelopment project at the City Hall property. The $309 million development, designed to be transit-oriented, is situated just a short distance from a Metrorail station, emphasizing accessibility and connectivity for residents and visitors alike.
A Two-Phase Development Plan
The redevelopment will occur in two phases, bringing a modern, mixed-use hub to the area. Once completed, the development will feature the following:
70,000 square feet of civic space: A six-story building will house essential city services, including City Hall, the South Miami Police Department, and the public library.
670 high-end apartments: Two 15-story towers will offer luxurious living spaces in the heart of South Miami, catering to those seeking a blend of urban convenience and upscale amenities.
28,000 square feet of active retail venues: The development will include a range of food and beverage outlets, a fitness center, and other active retail spaces designed to create a vibrant community hub.
910 parking spaces: To accommodate both residents and visitors, the project will include extensive parking facilities.
Developer Behind the Project: 13th Floor
The developer leading this ambitious project is 13th Floor, a firm known for its expertise in large-scale, innovative developments. Their plan emphasizes a seamless integration of civic, residential, and commercial spaces, aimed at transforming the City Hall site into a modern, transit-friendly destination.
Transit-Oriented Design
A key element of the redevelopment is its proximity to a Metrorail station, making it a prime example of transit-oriented development. This approach encourages residents to use public transportation, reducing traffic congestion and promoting a more sustainable, pedestrian-friendly environment.
A New Chapter for South Miami
The City Hall redevelopment marks a new chapter for South Miami, blending modern infrastructure with accessible transit options and high-end residential living. With the commissioners’ approval, the project is set to reshape the city’s urban landscape, enhancing its appeal as a dynamic place to live, work, and play.
As the project moves forward, residents can expect more updates on timelines and additional details on the amenities and services that will define this exciting development.
Exciting new developments are coming to the Bentley Residences Miami site in Sunny Isles Beach, with plans for two massive construction cranes to take the project skyward. According to a new filing with the FAA, these cranes will play a crucial role in shaping what will become the tallest oceanfront building in the United States.
The first crane, dubbed Tower Crane #1, is set to soar 850 feet above the ground, reaching an impressive 857 feet above sea level. This crane will help propel construction to the highest heights of Bentley Residences. Tower Crane #2 won’t be far behind, reaching 742 feet above ground, or 749 feet above sea level.
The work schedule for these towering structures is expected to begin on January 15, 2025, marking a significant milestone in the development.
Bentley Residences Miami is set to stand 62 stories tall, topping off at 749 feet. This will solidify its status as the tallest oceanfront building in the U.S., reshaping the skyline of Sunny Isles and redefining luxury living in the region.
Earlier this year, Dezer Development, the mastermind behind this iconic project, held a groundbreaking ceremony, setting the stage for a construction timeline that will stretch to the end of 2027, when the building is slated for completion.
Developer for Pagani Residences Miami has unveiled a first look at the luxurious kitchens. The new interior renderings highlights the sophisticated design curated by A++, in collaboration with Pagani Arte, the recently established Made in Italy interior design division. These renderings offer a glimpse of the bespoke details potential buyers can select, with over 16 design elements available. Options include four countertop choices, two flooring styles, and two cabinetry selections, all meticulously crafted to combine art with functionality, resulting in truly elevated living spaces.
Pagani, renowned for exclusivity, stealth-wealth aesthetics, and handcrafted quality, delivers the same level of customization to its residences that it applies to its hypercars. Just as no two Pagani cars are alike, each residence in Pagani Residences can be personalized to reflect the unique tastes of its owner, ensuring an unparalleled living experience.
As Miami’s first-ever Hypercar-branded building, Pagani Residences will feature 70 waterfront homes with starting prices at $2.4 million. Located in North Bay Village at 7940 West Drive, this 28-story architectural masterpiece by Revuelta Architecture promises breathtaking views, privacy, and exclusivity. With Fortune Development Sales leading the marketing and sales efforts, the project is set for completion in 2027.
Each residence, designed with expansive 2,000 to over 3,300 square feet floor plans, offers spacious living with a focus on outdoor enjoyment. The homes feature expansive terraces ranging from 800 to 1,040 square feet, while the penthouse units boast 6,900 square feet of living space and up to 4,400 square feet of outdoor area, including private pools. Every unit offers high ceilings, with 11-foot heights in standard residences and 13-foot ceilings in penthouses.
Luxury doesn’t stop with the interiors. The Pagani Residences offer a suite of high-end amenities that take full advantage of the peninsula location with stunning waterfront views. Residents can enjoy access to a 240-foot waterfront boardwalk and private boat slips. The ground floor provides 24/7 concierge services, valet parking, a porte-cochere, pet spa, and dedicated storage for bicycles, paddleboards, and kayaks. For those seeking extra convenience, private garages and preferred parking are also available for purchase.
For relaxation and recreation, the property boasts an eighth-floor private residents’ lounge, complete with a library and media room, perfect for quiet reflection or social gatherings. Meanwhile, the 27th floor is home to a state-of-the-art wellness center, featuring a fully equipped fitness center, Pilates and yoga studios, and a spa with sauna and steam rooms, all offering stunning views of Biscayne Bay.
Atop the Pagani Residences on level 28 lies the ultimate in luxury living—a rooftop pool and sky lounge with 360-degree views of the Atlantic Ocean and Biscayne Bay. This serene oasis features poolside cabanas, hot and cold plunges, and fully appointed summer kitchens with chef’s grills for alfresco dining.
In keeping with the Pagani tradition of world-class craftsmanship and attention to detail, every aspect of this residential experience has been carefully designed to offer residents a blend of comfort, luxury, and unmatched exclusivity.
Plans for a new architectural marvel in Miami’s Brickell district have been submitted to Miami-Dade County planners, signaling the arrival of the Dolce&Gabbana Tower. This 81-story mixed-use skyscraper, designed by Studio Sofield with ODP as the architect of record, promises to be a striking addition to Miami’s ever-evolving skyline.
The Dolce&Gabbana Tower, located at 888 Brickell Avenue, is set to rise 1,049 feet, making it one of the tallest buildings in Miami. The skyscraper will house 259 luxury residential units and feature 102,805 square feet of commercial space. The commercial areas will include high-end retail shops, gourmet restaurants, a state-of-the-art spa, and a modern gym. The development, led by JDS Development Group, will also provide 273 parking spaces, reaching the maximum height permitted by the FAA in this part of Miami.
This ambitious project is strategically positioned on the north side of SE 10th Street, just west of Brickell Avenue/US-1, occupying a property that spans approximately 22,568 square feet (0.51 acres). Currently, the site is home to an office building constructed in 1972. The tower’s location offers unparalleled convenience, sitting just half a block from the Tenth Street Metromover Station, making public transportation readily accessible for residents and visitors alike.
Earlier this year, JDS Development Group secured the property for a staggering $61 million, a testament to the high stakes and significant investment involved in this development.
In exchange for project approval, the developer has committed to a substantial public benefit contribution. The Board of County Commissioners approved a Special Exception for a General Development Plan on June 20, 2024, which includes a one-time payment of $1.5 million from the developer. These funds are earmarked for critical infrastructure improvements in the area, including the installation of a new traffic signal at South Miami Avenue and SW 10th Street. Additionally, the funds will support repairs and upgrades to the Tenth Street Metromover Station and its surroundings. Planned enhancements include updates to mechanical systems, restrooms, painting, signage, accessibility features, streetscape improvements, and wayfinding support, all of which will significantly benefit the community.
The Dolce&Gabbana Tower is the result of a collaborative effort involving several key players in the industry. DeSimone is responsible for structural engineering, while MG Engineering handles MEP engineering. The renowned fashion house Dolce & Gabbana is contributing to the interior design, ensuring that the tower’s interiors are as luxurious as its exterior.
SLS is managing code/ADA compliance, while Kimley Horn takes charge of landscape, civil, and traffic engineering. Lerch Bates oversees vertical transportation, and Walker Parking serves as the parking consultant. Socotec Consulting is managing enclosure and waterproofing, Longman Lindsey is the acoustical engineer, and Aquadynamics Design Group is the pool consultant. Sustainability efforts are being led by Trifecta Construction Solutions, with MG Engineering also responsible for AV/LV security systems.
The Dolce&Gabbana Tower is poised to become a new landmark in Miami, blending luxury living with commercial dynamism in the heart of Brickell. With its strategic location, world-class amenities, and significant contributions to public infrastructure, the tower is set to enhance the city’s reputation as a global destination for luxury and innovation. As Miami continues to grow and evolve, developments like the Dolce&Gabbana Tower are paving the way for a vibrant and sustainable future.
Miami’s skyline is on the cusp of a dramatic transformation with the unveiling of conceptual plans for a new supertall skyscraper at 1201 Brickell Bay Drive. This ambitious project promises to redefine the city’s architectural landscape and elevate Brickell to new heights, both literally and figuratively.
The new tower is proposed to soar 1,032 feet above sea level, making it one of the tallest structures in the region. Standing at 54 stories, the 1201 Brickell Bay Drive project is designed to be a cornerstone of Miami’s urban future.
The first phase of the development, known as the 1201 tower, will encompass a variety of high-end uses:
Office Space: The building will offer a staggering 1,293,373 square feet of office area, catering to the demands of modern businesses and setting a new standard for workspace luxury.
Hotel Accommodations: With 212 hotel rooms, the tower will include a suite of amenities such as a health spa, fitness club, ballroom, and conference and event spaces, aiming to attract both business travelers and tourists.
Parking Facilities: Approximately 50 below-grade executive parking spaces will be provided on-site, with additional parking available across the street to accommodate the needs of tenants and visitors.
The design of this landmark project is in the capable hands of renowned architecture firms. Foster + Partners is listed as the design architect, bringing their global reputation for innovative and sustainable design to Miami. AAI Architects will serve as the architect of record, ensuring that the design vision is faithfully executed. The landscape architecture will be overseen by Field Operations, known for their work on urban spaces that seamlessly blend with their surroundings.
The 1201 Brickell Bay Drive tower is just the beginning. Subsequent phases of the development will extend across the street to 1221 Brickell Avenue and 1250-1260 Brickell Bay Drive. These phases are expected to incorporate a mix of office space, food and beverage establishments, retail and personal services, residential units, and additional parking facilities. This comprehensive approach will create a dynamic and multi-functional urban environment.
The project is reportedly owned by Citadel, a global financial institution known for its significant investments in real estate. Their involvement underscores the scale and ambition of the project, signaling a major investment in Miami’s future.
The unveiling of the 1201 Brickell Bay Drive project marks a significant milestone in Miami’s architectural evolution. As the city continues to grow and attract global attention, this new supertall will not only add to the city’s impressive skyline but also enhance its status as a hub of commerce, luxury, and innovation.
Stay tuned as more details emerge and the project progresses from conceptual plans to a tangible reality. Miami is set to experience a new era of skyscraper sophistication, and 1201 Brickell Bay Drive will undoubtedly be at the forefront of this exciting transformation.
Multiplan Real Estate Asset Management (REAM), the visionary developer behind the renowned 57 Ocean, has announced the official launch of sales for Ocean House, a meticulously crafted boutique condominium development in the prestigious Surfside enclave. With just 25 ultra-luxurious residences, Ocean House promises an unrivaled living experience, blending the exclusivity and grandeur of a private high-end residence with the conveniences of modern condominium living. Unit prices starting at $5 million.
Located at 9317 Collins Avenue, Ocean House is set to epitomize the Surfside lifestyle with residences ranging from two to five bedrooms. Renowned architecture firm Arquitectonica, along with its landscape division ArquitectonicaGEO, is leading the architectural and landscape design. The vision for Ocean House includes expansive east, south, and west views, meticulously crafted by the celebrated architect Bernardo Fort-Brescia. The interiors, curated by designer Carla Guilhem—known for her work in both yachts and homes—offer sophisticated spaces that seamlessly integrate with the oceanfront setting.
What sets Ocean House apart is its dedication to privacy and tranquility, offering an extensive range of wellness-focused amenities across three thoughtfully designed floors. Residents will find spaces beautifully infused with beach-inspired hues, wooden accents, and natural stone flooring. The development features a rejuvenating spa complete with a treatment room, salon, steam room, and an expansive rooftop pool deck. Additionally, the vitality pool, state-of-the-art fitness center, reflecting ponds, floating cabanas, and intimate lounges, all set within a lush tropical landscape, further enhance the sense of well-being and exclusivity.
Marcelo Kingston, Managing Partner at Multiplan REAM, emphasizes this unique approach: “Unlike the impersonal high-rise developments prevalent in South Florida, Ocean House offers an intimate, exclusive experience. It is a harmonious blend of privacy, architectural brilliance, and unparalleled amenities, designed with the sophisticated buyer in mind. With breathtaking waterfront views, lavish interiors, and a limited collection of residences, Ocean House is a truly exceptional offering within Surfside’s coveted coastline and Miami’s burgeoning luxury real estate market.”
The residences at Ocean House, ranging from 2,093 to 6,279 square feet, boast expansive floor-to-ceiling windows, grand living rooms with natural stone flooring, and open-concept kitchens centered around custom-designed Silestone islands with waterfall edges. Each home is complemented by private terraces offering breathtaking views of the Atlantic Ocean. The interiors feature elegant finishes, including custom European cabinetry, Gaggenau kitchen appliances, and spa-like bathrooms with double-sink vanities, glass-enclosed rainfall showers, and freestanding tubs that evoke a serene, retreat-like atmosphere.
Phil Gutman underscores the project’s unique market position: “Surfside has become the most sought-after market to live in South Florida, the scarcity of either available land or new projects in this area makes Ocean House a true gem in the strong Miami condo luxury market. Our project stands out in this community as a true luxury, boutique development offering buyers a once-in-a-lifetime opportunity to own a villa in the sky on the ocean.”
Multiplan REAM has already commenced the demolition of the old Regent Palace Condominium to clear the site in anticipation of groundbreaking, slated for the first quarter of 2025. Ocean House is expected to be delivered in 2027, bringing with it a new standard in luxury living.
“Our go-to-market strategy will be highly selective and focused. By self-financing projects, Multiplan gains the flexibility to initiate construction immediately while patiently pursuing high-caliber buyers who share our vision for Ocean House as Miami’s most exclusive beachfront condo community,” concludes Kingston.
With its visionary design, unparalleled amenities, and prime location, Ocean House is set to redefine luxury living in Miami, offering a rare opportunity for discerning buyers to own a piece of Surfside’s coveted coastline.
Loews Corporation is poised to receive a $305 million refinancing package for its premier oceanfront Miami Beach resort. The financing, which backs the 5-acre, 790-key hotel located at 1601 Collins Avenue, is being originated by Wells Fargo, National Association, and JPMorgan Chase Bank, as reported by Fitch Ratings. The transaction is expected to close on September 10th.
The 10-year, fixed-rate, interest-only loan will serve to refinance the existing $300 million debt and cover approximately $5 million in closing costs. Despite multiple inquiries, a spokesperson for Loews has not provided any comments on the matter.
Loews, which is led by the billionaire Tisch family, has a long-standing history with the property, having acquired it in 1998. The resort encompasses two towers, including the historic St. Moritz building and a 17-story tower. The property boasts approximately 46,000 square feet of meeting space, six food and beverage outlets, retail spaces, a pool, and cabanas. Among its dining options is the renowned Rao’s restaurant, which has become a key attraction for guests.
Fitch Ratings has valued the property at just over $400 million, translating to about $507,000 per key. With a loan-to-value ratio of 74 percent, the new financing will strengthen the resort’s financial foundation while ensuring its continued operation as a luxury destination in Miami Beach.
This refinancing follows a similar move earlier this month by BDT & MSD, a merchant bank created through the merger of Trott’s BDT & Company and MSD Partners, the private investment arm of Dell Technologies founder Michael Dell. The firm secured a $1 billion refinancing for the Boca Raton Resort & Club, a 1,047-key luxury hotel located at 501 East Camino Real in Boca Raton. Citi Real Estate Funding provided the two-year, floating-rate interest-only loan for that transaction.
The Miami Beach resort refinancing marks yet another significant investment in South Florida’s luxury hotel market, reflecting the region’s robust real estate and hospitality sectors. As Loews continues to enhance its premier properties, the future looks bright for this iconic oceanfront destination.
Ella Miami Beach has officially commenced construction, according to an announcement on the development’s social media account. This milestone marks a significant step forward for the highly anticipated residential project set to redefine luxury living in North Beach.
