FAENA Residences Miami is set to launch sales later this month starting at $1.3 million and has revealed new renderings highlighting the ultra-luxury plans for the groundbreaking residential project aimed at redefining riverfront living in the city. FAENA Residences Miami not only marks a significant milestone for the Faena brand but also catalyzes the transformation of the Miami Riverfront into a vibrant, walkable cultural hub surrounded by over $25 billion in real estate investments with 10,000 residential units either planned or under construction. FAENA Residences Miami is developed by Fortune International Group, led by Edgardo Defortuna, and KAR Properties, led by Shahab Karmely, and will be located at 90 SW 3rd Street.
Comprising 434 condominiums across two 60-story towers, units will range from 700 to 3,300 square feet, with prices starting at $1.3 million and reaching up to approximately $10 million for premium options. More expensive residences will be released in the future. Spanning 45,000 square feet, the development includes cultural programming, performance spaces, and wellness facilities within a dramatic sky bridge. This innovative approach aligns with Miami’s growing emphasis on community engagement and artistic experiences, providing spaces for both residents and visitors.
Architecturally designed by renowned Rafael Viñoly Architects, this sculptural tower embodies Viñoly's legacy and promises to become a key feature of Miami's skyline. The project's modern aesthetic harmonizes with elements that celebrate the dynamic environment of the Miami River. Interiors, crafted by Faena Design Studio and London’s Bryan O’Sullivan Studio, reflect Faena’s signature style with muted red tones, rich textures, and theatrical accents, catering to luxury buyers seeking a refined residential experience in tune with the energetic spirit of Miami.
The Faena District Miami River will encompass high-end residences, curated cultural spaces, wellness facilities, and public art initiatives that enhance the city’s cultural fabric. By reinforcing connections to the established Faena District in Miami Beach, FAENA Residences is strategically positioned to attract discerning clientele interested in a cosmopolitan lifestyle steeped in luxury. With sales anticipated to commence later this month, this landmark development promises to define Miami’s skyline and lifestyle narrative in the years ahead.
Renderings via Binyan Studios
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