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Category: New Construction

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Five Park, The New Tallest Tower In Miami Beach, Is Now Complete

Five Park, the first new residential tower South Beach has seen in over a decade, opened its’ doors during the 2024 holiday season. A joint venture between David Martin’s Terra Group and GFO Investments, the development has successfully revamped a once blighted area of the neighborhood while also tying it together with the South of Fifth sub-market. Standing 519-feet tall, Five Park is the new tallest building in Miami Beach. This is a record once held by the Blue Diamond and Green Diamond at 47th and Collins, measuring 502 feet each. Five Park Miami Beach Completed Tower Canopy Park at...

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THE WELL in Coconut Grove Sells 20% in First Week of Sales

The most well-kept secret in Coconut Grove is finally out! Meet THE WELL Coconut Grove…the most highly-anticipated wellness-focused condo project in Miami. Slated for completion early 2028, THE WELL Coconut Grove will be your home for holistic wellness right under one roof. Life at THE WELL will place wellness at the core, creating the time and space to disconnect, relax and refocus on what matters most: your well-being. Set in the bayfront, tree-lined neighborhood of Coconut Grove, THE WELL was created for you to be able to live, work and play in complete wellness. Designed to blend...

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The Mandarin Oriental Residences, Miami in Brickell Key Releases Interior Renderings & Construction Timeline

Just a few weeks after converting their pre-sale reservations into contracts as well as over $1B in sales, The Mandarin Oriental Residences, Miami on Brickell Key has released new renderings as well as their demolition timeline. According to The Next Miami. the current Mandarin Oriental Hotel on Brickell Key will close for business on May 31, 2025. Demolition of the hotel will begin straight away in Q3 of 2025, citing Swire President Harry Bott’s statement to the South Florida Business Journal. Rendering of The Residences at Mandarin Oriental, Miami Kitchen When completed, the development...

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St. Regis Residences, Miami in Brickell Hosts Lavish Groundbreaking Ceremony

Related Group and Integra Investments wasted no time hosting their lavish groundbreaking ceremony for St. Regis Residences, Miami in Brickell after the dramatic demolition of 1809 Brickell Avenue just a few weeks ago. A groundbreaking ceremony is always a reason to celebrate, but this one is especially special as the now-demolished tower has been a vacant deteriorating building for years now, so today we celebrate something new and luxurious to come. “The groundbreaking for The St. Regis Residences, Miami marks a pivotal step in bringing an unparalleled luxury experience to one of South...

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The Faena District Is Expanding To Downtown Miami’s Riverfront

The Miami River District in Downtown Miami is about to get a lot more luxurious with Faena Residences Miami at 90 SW 3rd Street. A new partnership between Alan Faena, Fortune International and Shahab Karmely’s KAR Properties is set to bring a new 14-acre Faena Cultural District to the Miami River area. Designed by Rafael Viñoly Architects, the project begins with a redesign of One River Point, which gained headway in 2015. The redesigned project is set to bring 440 residences to the area in twin riverfront towers that are each 60 floors at 90 SW 3rd Street, along the Miami River Walk....

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EXCLUSIVE: The Ritz Carlton Residences South Beach Is Converting To Contracts

I am very excited to announce today that the new historic redevelopment of the Sagamore Hotel and the Ritz Carlton South Beach Hotel, now dubbed the Ritz Carlton Residences South Beach at 1671 Collins is converting its reservations into formal contracts. This is an instrumental part of the development process, indicating that sufficient sales and permits are in place to sustain the development to closings. About The Ritz Carlton Residences South Beach Being known as the original South Beach “Art Hotel,” the Sagamore Hotel at 1671 Collins Avenue was a spearhead to the Art Deco movement in...

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1428 Brickell Receives Site Work Permit To Begin Construction

Just a few short months since the VERY fun demolition celebration at 1428 Brickell, the previous building has been cleared away and the path is now clear to begin construction on Miami’s first solar-powered skyscraper. The City of Miami has issued the site work permit to YTech so they can get started on their construction, according to The Next Miami. The permit calls for nearly $2 million of work to take place, preparing the site for the foundation of 1428 Brickell’s foundation. This will be a large undertaking as the tower is slated to rise 70 stories into the skyline and bring 189...

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Michael Stern’s Dolce & Gabbana Tower Advances In Brickell With Zoning Approval

Michael Stern’s 81-story tower in Miami’s Brickell Financial District is moving forward according to court records. The Dolce & Gabbana-branded tower has won their first step of zoning approval from Miami-Dade County with an 11-0 vote. According to the new site plan, the tower will be built to 81 stories with 259 residential units, just under 103,000 square feet of commercial space with retail, restaurant, spa and wellness center (gym) uses. There will also be 273 parking spaces. The elevations show that the tower will rise 1,049 feet, which goes to the maximum allowed in that area due...

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Six Fisher On Miami Beach’s Fisher Island Hosts Groundbreaking After $400 Million Construction Loan

After receiving a $400 million construction loan from New York’s Madison Realty Capital, Related Group and partners have hosted an official groundbreaking on their new landmark project, Six Fisher on the famed Fisher Island. “The groundbreaking of the Residences at Six Fisher Island marks a transformative moment for this historic island, being the first new development in over five years and one of its final luxury real residential ventures. We’re incredibly honored to advance this landmark development, which offers a rare opportunity for buyers to secure a piece of Miami’s most coveted...

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The Latest Builder Trend: Smaller, Less Expensive Homes

Even though affordability is improving, buying a home can still feel tough right now. But here’s some good news: builders are focusing their efforts on building smaller homes, and they’re offering key incentives to buyers. And both of these things can be a big help if you’re worried about finding a home that’s right for your budget. Builders Are Building Smaller Homes During the pandemic, homebuyers were looking for larger homes—and many could afford them. Builders responded to that demand and created bigger spaces to help people with things like working from home, setting up home...

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