Cipriani Residences Miami Reveals The 1931 Collection, Two Crown Jewel Penthouses Listed For $33 Million & $19.8 Million

Cipriani Residences Miami has unveiled The 1931 Collection, an exclusive pair of ultra luxury penthouses inspired by the Venetian landmarks that shaped the Cipriani family’s legacy. Priced at $33 million and $19.8 million, The San Marco and The Torcello crown the 950-foot tower, bringing the brand’s celebrated tradition of Italian hospitality to the highest expression of branded residential living in North America.

Cipriani Residences Miami has unveiled The 1931 Collection, an exclusive pair of ultra luxury penthouses inspired by the Venetian landmarks that shaped the Cipriani family’s legacy. Priced at $33 million and $19.8 million, The San Marco and The Torcello crown the 950-foot tower, bringing the brand’s celebrated tradition of Italian hospitality to the highest expression of branded residential living in North America.

Nearly a century after Giuseppe Cipriani opened Harry’s Bar in Venice, The 1931 Collection pays tribute to the places where the family’s story began. Named for the year Harry’s Bar first welcomed guests, The San Marco and The Torcello occupy the tower’s highest floors, drawing on the rituals, elegance and hospitality that have defined the Cipriani name since 1931. Timeless design, meticulous craftsmanship, gracious service and effortless entertaining come together in two singular homes overlooking Biscayne Bay, offering a distinctly residential interpretation of the brand’s enduring legacy.

“Authenticity is what ultimately distinguishes a truly exceptional branded residence,” said Camilo Miguel Jr., Founder and CEO of Mast Capital. “You cannot create it simply by placing a name on a building. With The 1931 Collection, we drew from the values and traditions that have defined Cipriani for nearly a century and considered how they could shape the way a home is designed, experienced and lived in today. The result feels unmistakably Cipriani and distinctly of Miami, while carrying forward a legacy that has endured across generations and creating homes intended to do the same.”

Long before wellness became a checklist of equipment, the Cipriani family measured it differently: by the table, and by how to better serve who was seated at it. Rather than treating wellness as a room to visit, The San Marco and The Torcello are designed around the rituals of gathering, cooking and entertaining long associated with longer, more connected living — a philosophy of wellbeing built on people, not equipment.

“Cipriani has never simply been about a place; it is about what happens within it and what people carry with them long after they leave,” said Giuseppe Cipriani. “Harry’s Bar, Piazza San Marco and Locanda Cipriani have been part of our family’s story for generations, but also of the lives of so many others. With The 1931 Collection, that spirit finds a new expression in Miami, where these residences can become the setting for celebrations, rituals and memories that belong entirely to the families who call them home.”

The San Marco

Named for San Marco, the Venetian “sestiere” or historic district of the Cipriani hospitality legacy, The San Marco is conceived as a private estate in the sky. Spanning three levels and 9,677 square feet of interior and outdoor living, the residence brings together extraordinary scale, timeless design and an uncompromising approach to entertaining, wellness and family life.

A soaring 24-foot Great Room opens to panoramic views of Biscayne Bay, creating a dramatic setting for everyday living and entertaining. Generously proportioned living and dining spaces are complemented by an integrated wet bar and dedicated wine display, while a statement kitchen island finished in lacquered wood and Calacatta marble and a fully equipped chef’s kitchen allow for everything from intimate dinners to larger celebrations.

The rooftop is devoted to outdoor living and personal wellbeing, with an infinity-edge swimming pool, summer kitchen and wraparound entertaining terrace overlooking Biscayne Bay. A private wellness room and in-residence gym set a daily rhythm of movement and recovery, extended outdoors through a dedicated cold plunge, hot tub and meditative massage pavilion — spaces conceived not as a spa to visit, but as a ritual to live within. A private putting green completes the experience.

The Torcello

Inspired by the quiet elegance of the island in the Venetian lagoon that has welcomed generations of guests to Locanda Cipriani, recently renovated, The Torcello offers a more intimate interpretation of The 1931 Collection. Encompassing 6,703 square feet of interior and outdoor living, it is designed for those who value privacy, craftsmanship and a life thoughtfully lived.

Every space is designed to feel equally suited to quiet moments and effortless entertaining. Generously proportioned living and dining spaces are joined by a statement kitchen island finished in lacquered wood and Calacatta marble, a fully equipped chef’s kitchen for private preparation, dedicated wine storage and a private screening room. The Midnight Bar creates another intimate setting within the residence — a room built for the same ritual of gathering after dark that has defined Cipriani hospitality since 1931, conceived for cocktails, conversation and the kind of evening meant to be remembered.

Well-being extends naturally from the interiors to the terraces, with a private wellness room and in-residence gym complemented by a dedicated outdoor cold plunge and hot tub, framing recovery and rest as part of the everyday rather than an occasional indulgence. An infinity-edge swimming pool overlooking Biscayne Bay, open-air shower, summer kitchen and wraparound terrace create a private outdoor environment for dining, entertaining and restoration.

Service, Carried Beyond Miami

Throughout The 1931 Collection, hospitality is designed to feel personal rather than programmatic. Residents can enjoy in-residence dining prepared by the Cipriani culinary team, bringing the family’s signature approach to food, service and entertaining directly into the privacy of The San Marco and The Torcello.

As owners within the Cipriani family, residents also carry that hospitality with them beyond Miami, with access to reservations across the family’s global address book, from Harry’s Bar in Venice to Cipriani restaurants, lounges and events in New York, Monte Carlo, Dubai, Hong Kong, Punta del Este and beyond.

Throughout The 1931 Collection, a refined palette of oak herringbone flooring, Calacatta marble, lacquered wood cabinetry and polished chrome detailing brings richness and depth to the interiors. Materials are carried across surfaces and spaces with a sense of continuity, allowing the craftsmanship and natural character of each finish to become an integral part of the residences.

Architecturally conceived by Bernardo Fort-Brescia of Arquitectonica, with bespoke interiors by 1508 London, The 1931 Collection represents the fullest expression of the vision for Cipriani Residences Miami. Generous proportions are balanced by warmth and intimacy, while abundant natural light and a fluid relationship between interior and exterior shape homes of extraordinary scale that remain deeply residential. Together, the architecture and interiors translate the elegance, ease and unmistakable character of Cipriani into a distinct Miami way of living.

As the first ground-up Cipriani branded residential development in North America, Cipriani Residences Miami brings the family’s nearly century-long tradition of hospitality into a new residential expression. Rising 950 feet above Brickell as the tallest residential tower south of Manhattan, the project is now 85 percent sold to buyers from over 30 countries ahead of its Summer 2027 occupancy.

Renderings via Hayes Davidson (unless otherwise noted)

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Cipriani Residences Miami Tops Off Construction, Surpasses 80% Sold Ahead of Summer 2027 Delivery

Cipriani Residences Miami, the Cipriani brand's first ground-up residential development in North America, has officially topped off construction, reaching its full height of approximately 950 feet and marking a major milestone ahead of its anticipated Summer 2027 delivery. Miami’s skyline has been fast changing with the other tallest completed towers including Aston Martin Residences rising 817’, One Thousand Museum by Zaha Hadid Architects rising 706’, and Paramount Miami Worldcenter rising 700’.

Cipriani Residences Miami, the Cipriani brand's first ground-up residential development in North America, has officially topped off construction, reaching its full height of approximately 950 feet and marking a major milestone ahead of its anticipated Summer 2027 delivery.

Miami’s skyline has been fast changing with the other tallest completed towers including Aston Martin Residences rising 817’, One Thousand Museum by Zaha Hadid Architects rising 706’, and Paramount Miami Worldcenter rising 700’. Under construction in Brickell is The Residences at 1428 Brickell which will rise 861’; and, in Downtown Miami are The Waldorf Astoria Hotel & Residences Miami, which will be Miami’s first completed supertall with construction closing in on 1,049’, and Okan Tower which will rise 902’.

Now more than 80% sold, the 85-story landmark has attracted buyers from more than 30 countries across the Northeastern United States, the West Coast, Latin America and Europe, reinforcing both the enduring global appeal of the Cipriani brand and Miami's position as one of the world's premier destinations for high-end real estate investment and residency.

With the tower now at full height, construction remains on schedule for Summer 2027 occupancy, making Cipriani Residences Miami one of the only ultra-luxury residential towers in Brickell expected to deliver this coming year.

"For nearly a century, our family, inspired by our Italian heritage and traditions, has welcomed people from around the world with the same philosophy: to create places where elegance, service and hospitality come naturally," said Giuseppe Cipriani. "I am excited to see this spirit continue through Cipriani Residences Miami. It is not simply a residential tower, but a home where people can experience the comfort of simple pleasures, timeless style and effortless living."

The topping off represents more than a construction milestone. It reflects Miami's continued emergence as one of the world's leading destinations for global wealth and long-term investment. Buyers have come from more than 30 countries, with particularly strong demand across the Northeastern United States, the West Coast, Latin America and Europe, as well as established Cipriani markets including London, Milan, Monte Carlo and Mexico. Increasingly, purchasers are choosing Miami as a primary residence rather than a seasonal destination, underscoring the city's evolution into a global financial and cultural capital.

"This milestone represents far more than reaching the top of the tower. It reflects the continued evolution of Miami as one of the world's premier destinations for high-end real estate," said Camilo Miguel Jr., Founder and CEO of Mast Capital. "As we celebrate reaching full height and surpassing 80 percent in sales, we continue to see extraordinary validation from buyers around the world who recognize the exceptional quality of what we have created alongside our partners. Cipriani Residences Miami embodies our vision of delivering a truly world-class residential experience where exceptional design, legendary hospitality and disciplined execution come together to establish a new benchmark for luxury living."

Designed by Arquitectonica with interiors by 1508 London, Cipriani Residences Miami brings nearly a century of Italian hospitality into a collection of 397 residences inspired by the legendary service and understated elegance that have defined the Cipriani family since Harry's Bar first opened in Venice in 1931.

Residents will enjoy more than 50,000 square feet of private amenities, including signature Cipriani dining experiences, a resort-style pool deck, wellness facilities, a holistic spa, private screening room, children's play spaces, business lounges and the exclusive 37th-floor speakeasy overlooking Biscayne Bay.

"Reaching the top of the structure is a significant achievement because it brings buyers one step closer to taking ownership of their homes," said Scott Moss, CEO of Moss Construction. "Constructing one of the tallest residential towers in the country requires extraordinary coordination, engineering expertise and craftsmanship. Every milestone reflects the commitment of hundreds of professionals working together to deliver a building that will define Miami's skyline and set a new benchmark for residential construction. With occupancy beginning next summer, buyers can now see that vision becoming reality."

As the brand's first ground-up residential development in North America, Cipriani Residences Miami represents the evolution of nearly a century of hospitality into a permanent residential offering. Combined with Miami's continued emergence as one of the world's foremost destinations for international business and global wealth, the development has established itself as one of the city's defining residential addresses.

Occupancy is anticipated in Summer 2027. Sales and marketing for the project are exclusively represented by Fortune Development Sales. Residences are priced from $1.8 million, with The Canaletto Collection beginning at $4.1 million.

Renderings via The Boundary

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Cipriani Residences Miami Rises to Become The Tallest Residential Tower South of Manhattan Passing 872 Feet

Cipriani Residences Miami, the first ground-up residential development in the Americas by the iconic Cipriani brand, has reached 872 feet, officially becoming the tallest residential tower south of New York City. As it continues its ascent toward an anticipated height of approximately 950 feet, the tower marks a defining inflection point in Miami’s evolution into one of the most consequential luxury residential markets in the United States.

Cipriani Residences Miami, the first ground-up residential development in the Americas by the iconic Cipriani brand, has reached 872 feet, officially becoming the tallest residential tower south of New York City. As it continues its ascent toward an anticipated height of approximately 950 feet, the tower marks a defining inflection point in Miami’s evolution into one of the most consequential luxury residential markets in the United States. The project is expected to be completed in 2027.

Developed by Mast Capital, the milestone is being achieved as construction advances into the building’s final levels, including the forthcoming Penthouse Collection. In surpassing the 868-foot Panorama Tower, Cipriani Residences Miami establishes a new benchmark for residential height in both Miami and the state of Florida, placing it among a limited group of towers redefining the scale and ambition of vertical living beyond traditional gateway cities. The building has advanced at a notable pace, with construction rising at approximately one residential level every several working days, underscoring both execution and sustained demand.

“This milestone reflects a disciplined commitment to craftsmanship and the conviction that buildings of this scale must offer far more than height,” said Camilo Miguel Jr., Founder and CEO of Mast Capital. “What we are seeing is not only the physical rise of Cipriani Residences Miami, but the continued ascent of Miami itself. As global wealth, leading financial institutions, and major companies establish a permanent presence here, expectations around design, service, and overall quality have fundamentally evolved. Our responsibility has been to respond with a level of precision, rigor, and execution that defines its own standard. The residences at the pinnacle of this tower embody that ambition in its most refined expression.”

Cipriani Residences Miami now stands as one of Brickell’s most vertically ambitious residential towers, introducing a scale and presence more often associated with established markets such as Manhattan. Its prominence within the skyline reflects a broader shift in buyer expectations, where elevation, discretion, and a fully integrated standard of service have become defining elements of contemporary residential living. The project has already achieved significant sales to date, with a globally diversified buyer base spanning the United States, Latin America, and Europe.

Now reaching the level of The Penthouse Collection, the project enters its most rarefied phase. With architecture by Arquitectonica, under the direction of Bernardo Fort-Brescia, Cipriani Residences Miami will feature 397 one- to four-bedroom homes with interiors by 1508 London, reflecting the brand’s signature elegance through a refined palette of warm neutrals and rich wood tones. Positioned at the tower’s highest elevations, The Canaletto Collection, a limited offering of ultra-luxury homes, represents the ultimate expression of the building, where scale, craftsmanship, and Cipriani’s hospitality ethos converge. The most exceptional and final inventory sits at the very top, offering unobstructed views of the city skyline and Biscayne Bay as well as a level of privacy, refinement, and scarcity rarely achieved in the market.

“In conceiving Cipriani Residences Miami, we were inspired by the timeless connection between Venice and the water,” said Bernardo Fort-Brescia, Founding Principal of Arquitectonia. “The sweeping curving glass terraces reflect both the sky and Biscayne Bay, allowing the tower to feel connected to its South Florida setting. And as the tower reaches the skies, it dissolves into a series of terraces that define a unique profile.”

Cipriani Residences Miami offers a hospitality-led lifestyle anchored by more than 50,000 square feet of amenities, including a resident-only restaurant, private dining experiences, a 37th-floor speakeasy, a resort-style pool deck with cabanas, and a comprehensive wellness program. Residents will also benefit from Cipriani’s signature service, including in-home dining and concierge offerings, extending the brand’s legacy into a fully residential setting.

Set within Brickell, the city’s financial core, the tower rises at the center of one of the most dynamic economic transformations in the United States. Over the past several years, Miami has attracted an unprecedented influx of high-net-worth individuals, institutional capital, and global firms, with more than 300 financial companies now operating in the region. This sustained migration has repositioned Brickell as a true international business and lifestyle hub, where demand for primary residences continues to accelerate.

Sales and marketing efforts for the project are handled exclusively by Fortune Development Sales, with Residences starting from $1.8 million and The Canaletto Collection Residences starting from $4.1 million.

Renderings via The Boundary

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Nearly 1,000' (300m) Suptertall Cipriani Residences Miami Reaches Halfway Milestone In Brickell, Now Standing 44 Stories

Cipriani Residences Miami, the first-ever ground-up residential building by the world-renowned Cipriani brand in the Americas, has surpassed a major construction milestone underscoring not only its rapid vertical ascent but also its emergence as Miami’s definitive premier tower.

Cipriani Residences Miami, the first-ever ground-up residential building by the world-renowned Cipriani brand in the Americas, has surpassed a major construction milestone underscoring not only its rapid vertical ascent but also its emergence as Miami’s definitive premier tower. With construction, overseen by Moss & Associates, now surpassing its halfway point and standing at 44 stories, the 80-story tower has completed its 37th floor, which will be home to an exclusive resident-only Cipriani speakeasy.

Reaching this milestone illustrates the building’s strong focus on a curated, experiential lifestyle, and places the project on track to become the tallest building in Brickell. Upon completion in 2028, Cipriani Residences Miami will rise close to an astounding 1,000 feet, ushering in a new era of supertall residential towers in the neighborhood.

“This is a pivotal moment that represents far more than the halfway mark toward the building’s crown,” said Camilo Miguel, Jr., CEO and Founder of Mast Capital. “With the completion of the 37th floor, we are celebrating our work redefining luxury living through record-setting vertical scale and lifestyle-driven design. We are also proving that our ambition is matched by our commitment to a swift delivery, as construction moves perfectly on schedule.”

At the heart of Cipriani’s 50,000-square-foot amenity collection lies a hidden gem: the speakeasy — an intimate, cinematic retreat that sets the tone for a lifestyle steeped in sophistication. Envisioned as a discreet social club in the sky, this resident-only lounge will serve signature Cipriani cocktails and refined light bites in an atmosphere of sophistication and connection. Here, culinary artistry merges effortlessly with spaces dedicated to wellness, leisure, and entertainment. Beyond the speakeasy, residents gain privileged access to a private Cipriani restaurant, 24/7 in-home dining, a resort-style pool deck, luxury spa with treatment rooms and sauna, pickleball court, golf simulator, screening room, and more—all conceived to create a fully immersive residential lifestyle. Every detail has been meticulously conceived to envelop residents in a world where elegance, comfort, and Cipriani’s legendary heritage converge.

The tower is climbing one level every three working days, one of the fastest vertical construction paces in Miami’s history. Behind this momentum is a next-generation, self-climbing slip form system, an advanced hydraulic technology that allows the building’s core to ascend continuously without crane dependency. This method maximizes efficiency and precision, enabling the tower to achieve supertall status safely and at speed.

In a district where land is scarce and values are soaring, Mast Capital’s decision to build upward reflects both necessity and ambition, transforming verticality into a new symbol of the city’s economic and cultural rise.

“In a neighborhood defined by skyrocketing land values and finite development opportunities, we chose to look upward and embrace verticality as both a necessity and an opportunity,” continued Camilo Miguel, Jr. “The result is a soaring architectural landmark that is a symbol of Miami’s global ascent as a leading hub for wealth, culture, and innovation.”

As Cipriani Residences Miami races skyward, its dual narrative—engineering excellence and experiential luxury—positions it not just as a building, but as a new status symbol for Miami. By marrying record-setting vertical scale with Cipriani’s legendary service, Mast Capital is delivering a project that will forever mark Miami’s ascent on the global stage.

Cipriani Residences Miami features 397 one- to four-bedroom residences with interiors designed by 1508 London to be aesthetically genuine to the renowned hospitality brand’s distinguished style. The top 18 floors feature The Canaletto Collection, a limited assemblage of six penthouses and 74 ultra-luxury homes. The Canaletto Collection offers priority access to amenities like the private speakeasy, exclusive global concierge services by BHB, and for purchase custom furniture and accessory packages crafted by 1508 London in two distinct styles.

Sales and marketing efforts for the project are handled exclusively by Fortune Development Sales, with Residences starting from $1.7 million and The Canaletto Collection Residences starting from $4.1 million.

Renderings via The Boundary

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Lionel Messi Goes Under Contract On Multiple Condominiums at Cipriani Residences Miami

Soccer superstar Lionel Messi has gone into contract on multiple condominiums at Cipriani Residences Miami, the renowned hospitality brand's first-ever ground-up residential tower in the US, according to news that broke this afternoon.

Soccer superstar Lionel Messi has gone into contract on multiple condominiums at Cipriani Residences Miami, the renowned hospitality brand's first-ever ground-up residential tower in the US, according to news that broke this afternoon. Sources say the purchase includes a home that's a part of The Canaletto Collection, a limited assemblage of six penthouses and 68 ultra-luxury homes on the top 18 floors of the building. The collection offers the utmost privacy, 360-degree Miami skyline and Biscayne Bay views, and exclusive offerings such as priority access to the tower's private Cipriani speakeasy. Similar homes currently available in The Canaletto Collection start at $7.5 million.

Rising 80 stories above the city in the heart of Brickell at 1420 South Miami Avenue, Cipriani Residences Miami, developed by Mast Capital, features 397 one- to four-bedroom residences starting at $1.7 million. The tower's interiors were curated by 1508 London with architecture by Arquitectonica. The premium amenity collection includes resident-only Cipriani dining services such as catering and a private restaurant and speakeasy, a resort-style deck with two pools, and a spa with sauna and treatment rooms. The tower set an at-the-time record for the largest foundation mat pour in Brickell last year, following an impressive $600 million construction loan from Mexico's Banco Inbursa and Ascendant Capital Partners.

PROFILEmiami had an exclusive construction tour of Cipriani Residences Miami which can be found covered via Instagram Reels.

Renderings via The Boundary

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FIRST ON PROFILE: Casa Cipriani Miami Revealed on Miami Beach Featuring Private Members Club, Hotel and Private Residences

Following its overwhelming success in New York City and Milan, Casa Cipriani, the latest private club experience founded by the four-generation international hospitality family, is expanding its vision to Miami Beach. Casa Cipriani Miami will be developed by Miami-based 13th Floor Investments and New York- based Midtown Equities.

Following its overwhelming success in New York City and Milan, Casa Cipriani, the latest private club experience founded by the four-generation international hospitality family, is expanding its vision to Miami Beach. Casa Cipriani Miami, developed by Miami-based 13th Floor Investments and New York- based Midtown Equities, will include a 40-key all-suites hotel, a private members club, and 23 ultra-luxury residences situated directly on the oceanfront at 3611 Collins Avenue.

Designed by New York-based architect Brandon Haw, the 17-story Casa Cipriani Miami tower will embody timeless elegance and luxury, featuring a signature restaurant and club lounge, a Cipriani Spa, and unobstructed views of the Atlantic Ocean, providing an authentic lifestyle experience that exemplifies the Cipriani brand’s commitment to excellence. Partly inspired by Casa Cipriani New York, Casa Cipriani Miami will elevate the brand's legacy with exclusive residences in addition to the private club and hotel experience. The development will boast curated culinary offerings and refined amenities, making it a landmark destination for Miami. Sales for the residences are expected to launch later this year, followed by an official groundbreaking.

“We are incredibly excited to partner with the Cipriani Family to bring the world-class hospitality brand to Miami Beach, marking its expansion beyond New York City and Milan,” said Joe Cayre of Midtown Equities and Arnaud Karsenti of 13th Floor Investments.

Casa Cipriani Miami’s architectural design will evoke the splendor of the grand 1930s-era Art Deco hotels found along Collins Avenue through a modern interpretation creating a new landmark for Miami Beach. The building will reflect the timeless style of Cipriani, tracing back to the original Harry's Bar established by Giuseppe Cipriani in Venice in 1931.

"Building on the humbling success of our first Casa Cipriani in New York, followed by Milan, we’re excited to partner with 13th Floor Investments to bring our latest hospitality concept to Miami Beach. Miami is an international beloved destination where we already have several projects, and it has become a vibrant center for arts, design, entertainment, and business. We look forward to welcoming a local and international community who appreciates a home to relax in, with great service and privacy in splendid surroundings.”

Since its founding in 2008, 13th Floor Investments has completed nearly 4,000 residential units across South Florida, with a robust pipeline of more than 4,800 units in development and under construction slated to be delivered over the next few years. Today, the firm is focused on the development of luxury residential, mixed-use multifamily, and transit-oriented developments, growing the firm’s industrial portfolio, and expanding its single-family homebuilding business, 13th Floor Homes.

Midtown Equities partnered with Cipriani to develop the first Casa Cipriani in the U.S. in New York City at the Battery Maritime Building in Lower Manhattan. The firm is a privately-held real estate investment and development company that serves as the investment platform for the Cayre Family. Headquartered in New York City, the firm maintains an exceptional portfolio of over 100 properties that encompass more than 14 million square feet in the retail, office, residential, industrial, and hospitality sectors. The firm actively acquires, develops, leases, and manages properties ranging from urban redevelopment projects to commercial centers in New York, Washington, D.C., Miami, Chicago, and Los Angeles as well as abroad.

Images via 13th Floor Investments, Midtown Equities

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Cipriani Residences Miami Completes the Largest Foundation Pour in Brickell This Year

Miami-based developer Mast Capital has completed the largest mat foundation concrete pour in Brickell this year for Cipriani Residences Miami, the brand’s first-ever ground-up residential offering in North America. Flowing continuously for approximately 16 hours, the uninterrupted pour reached 11,500 cubic yards of foundational concrete with 2,500 tons of reinforcing steel.

Miami-based developer Mast Capital has completed the largest mat foundation concrete pour in Brickell this year for Cipriani Residences Miami, the brand’s first-ever ground-up residential offering in North America. Flowing continuously for approximately 16 hours, the uninterrupted pour reached 11,500 cubic yards of foundational concrete with 2,500 tons of reinforcing steel. The pour, led by Moss Construction, also sets a record for the largest to date on South Miami Avenue – one of the neighborhood’s most bustling corridors. Completion is slated for 2028. Sales and marketing efforts for the project are handled exclusively by Fortune Development Sales, with prices beginning at $1.7 million.

"'Reaching this milestone with the completion of the mat foundation pour is a remarkable achievement in our journey to bring Cipriani Residences Miami to life,” noted Camilo Miguel, Jr., Founder and CEO of Mast Capital. “It represents not just a significant phase in the development, but also the dedication and precision of the entire team. This pour lays the foundation for what will become one of Brickell’s most iconic addresses, further solidifying our commitment to excellence and the timeless Cipriani standard of luxury.'"

Designed by Arquitectonica, Cipriani Residences Miami is set to be a new landmark anchoring the southern end of Brickell at 1420 South Miami Avenue. The tower will offer 397 sophisticated residences with interiors meticulously crafted by world-renowned design firm 1508 London that will harness the distinguished style and world-class service of Cipriani.

"A concrete pour of this scale demands meticulous coordination across multiple teams, and it’s a testament to the dedication and collaboration of everyone involved," said Luis Hidalgo, Senior Vice President of Moss Construction. "Managing the logistical complexity of over 50 team members and 750 truckloads of concrete over a 20-hour period highlights the expertise and commitment of our team. We’re honored to contribute to such an iconic development in the heart of Brickell, and we look forward to bringing the Cipriani Residences Miami vision to life."

Rising 80 stories into the skyline, Cipriani Residences Miami will be among the tallest new developments rising in Brickell. On the top 18 floors of the tower will be an exclusive assemblage of 68 ultra-luxury residences and six penthouses, coined The Canaletto Collection. Residents of the collection will receive priority access to the tower’s private speakeasy, exclusive global concierge services from BHB Concierge and custom for-purchase furniture packages and upgraded interior finishes designed by 1508 London. Direct elevator entry and a limited number of residences per floor provide the utmost privacy to residents and their guests.

The residential lifestyle at Cipriani Residences Miami is complemented by a 50,000-square-foot suite of hotel-inspired amenities. Catering and in-residence dining by Cipriani will be offered around-the-clock, while dining services will extend to the private restaurant and reservable dining spaces, a private speakeasy and the elevated resort deck, exclusive to residents and their guests. Additionally, there’s a robust wellness offering including a fully equipped state-of-the-art fitness center, spinning room, a holistic spa, ice plunge, and sauna. Cipriani Residences Miami also offers a golf simulator, pickleball court, screening room, library, salon, elevated private dog park, children’s playroom and à la carte services like plant care, away-from-home maintenance, pet grooming and walking, luxury house limousine transport within a three-mile radius, in-residence spa treatments, personal training and more.

Renderings via The Boundary

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Terra and Sympatico Real Estate Launch Sales For Mr. C Residences West Palm Beach

Miami-based real estate development firm Terra and Sympatico Real Estate, a Palm Beach-based firm owned by the Morrison family, have launched sales for Mr. C Residences West Palm Beach. This 26-story luxury condominium hotel will mark the debut of a branded luxury development in Downtown West Palm Beach.

Miami-based real estate development firm Terra and Sympatico Real Estate, a Palm Beach-based firm owned by the Morrison family, have launched sales for Mr. C Residences West Palm Beach. This 26-story luxury condominium hotel will mark the debut of a branded luxury development in Downtown West Palm Beach. Located at 320 Lakeview Ave., the lifestyle-driven property includes 110 hotel units alongside 146 spacious branded condos. The arrival of Mr. C Residences West Palm Beach signifies the prestigious brand’s entrance into the West Palm Beach market and represents Terra’s second project under the Mr. C brand. Douglas Elliman is leading the exclusive sales and marketing for the residences, priced from $1.5 million. The groundbreaking of Mr. C Residences West Palm Beach is slated for 2024, with an expected completion in late 2026.

“We are eager to extend the integration of hospitality and true, chic living into Downtown West Palm Beach’s rapidly expanding market. As major proponents of the area, we believe West Palm Beach is one of the top walkable neighborhoods in the country with unrivaled retail, dining, arts and culture at every turn,” said David Martin, CEO of Terra. “With the immense investment and recognition the neighborhood has received on a national level, the addition of Mr. C Residences West Palm Beach will be both a testament to the area’s potential for new and interesting luxury concepts and the answer to the growing demand for flexible, high-quality residences. We are delighted to once again partner with the esteemed Mr. C brand to execute this dynamic vision and bring a landmark project to Downtown West Palm Beach.”

Crafted by the acclaimed architecture firm Arquitectonica, featuring interiors and amenity spaces by Meyer Davis in partnership with Ignazio and Maggio Cipriani, and complemented by lush landscaping by Landscape Design Workshop, Mr. C Residences West Palm Beach is poised to establish a fresh standard of elegance, artistic design, attentive service, and unrivaled sophistication. The LEED-Certified building will include a selection of open floor plans ranging from one to four bedrooms and spanning 830 to 2,200 square feet. Every boutique space will feature soaring 10-foot ceilings, premium finishes and appliances, private outdoor terraces, and sweeping panoramic views of the city, Intracoastal, and ocean.

The building’s interiors will reflect the signature mix of classic European charm with stylish sophistication synonymous with the Mr. C brand. Mr. C, created by brothers Ignazio and Maggio, members of the fourth generation of the Cipriani family, is known globally for its expansive portfolio of restaurants, landmark event spaces, lounges, and residences. Since its first Mr. C Hotel opened in Beverly Hills in June 2011, Mr. C has been setting a new era in timeless yet contemporary hospitality, opening properties in New York City, with Mr. C Seaport, and Miami, with Mr. C Miami Coconut Grove. The company’s residential portfolio includes Mr. C Residences now underway in Coconut Grove, Miami and Jumeirah, Dubai.

“At its core, Mr. C represents a modern interpretation of old-world sensibilities. My brother and I are very proud to expand the presence of Mr. C Hotel & Residences to Downtown West Palm Beach, extending the storied Cipriani family experience to the city through this impeccable property. From signature spaces such as the Bellini Rooftop to a five-star level of service, the hotel and residences will be a true reflection and culmination of our family’s dedication to hospitality,” said Ignazio Cipriani, Co-Owner of Mr. C Hotels.

In addition to design, the Mr. C. brand will also be reflected through the dining and lounge offerings at Mr. C Residences West Palm Beach. These include a signature Bellini Café, a modern-day “pasticceria and confetteria” Bellini Restaurant, located on the 25th floor and offering authentic Italian favorites in an elegant setting, and an exclusive Bellini Rooftop Lounge, West Palm Beach’s premier private members club. Additionally, residents will have access to poolside food and beverage service, in-residence dining, and event catering all in line with the impeccable service of a Mr. C property.

Amenities at Mr. C Residences West Palm Beach include a garden-level lap pool with cabanas, a poolside bar and lounge area, Little C’s Outdoor Playground for children, a fully equipped fitness center, indoor spaces for yoga, Pilates and Peloton workouts, a signature spa with sauna and steam rooms, a well-appointed library and business lounge, and secure bike storage. The building features a dedicated porte-cochere entrance, a residential lobby with a lounge and private high-speed elevators, and captivated and curated art displays in both the lobby and outdoor public areas. Residents will enjoy an array of services, including a dedicated concierge, butler service, 24-hour valet and security team, complimentary towel service at the pool deck, access to a custom Mr. C Residences app, and the option for additional housekeeping and butler services.

“Mr. C Residences West Palm Beach is an elegantly designed and refined product situated in one of South Florida’s most prominent markets,” said Jay Parker, CEO of Douglas Elliman. “The property’s unique conceptual design, ideal location, and association with the storied elegance of the Cipriani name will propel its success among the area’s new wave of discerning buyers, setting an unprecedented benchmark for luxury in Downtown West Palm Beach. Drafting off of the wildly successful offering in Coconut Grove, Miami, Mr. C Residences is sure to be a powerful addition to the West Palm Beach market.”

Renderings via Binyan Studio

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Mast Capital Locks Down Florida's Largest Residential Single-Tower Loan At $600 Million For Cipriani Residences Miami

Miami-based developer Mast Capital has secured a construction loan of $600 million, setting a new record for the largest single-tower residential construction loan ever obtained in Florida for Cipriani Residences Miami. The loan comes from Mexico-based Banco Inbursa and Ascendant Capital Partners, contributing $350 million and $250 million, respectively.

Miami-based developer Mast Capital has secured a construction loan of $600 million, setting a new record for the largest single-tower residential construction loan ever obtained in Florida for Cipriani Residences Miami. The loan comes from Mexico-based Banco Inbursa and Ascendant Capital Partners, contributing $350 million and $250 million, respectively. The site is one of the last remaining raw parcels of land in Brickell and will serve as the southern gateway to Miami’s financial district.

Situated on the southern edge of Brickell’s business district, Cipriani Residences Miami will be the brand’s first-ever ground-up residences in the Americas. The high-profile condominium development, which is redefining luxury within the Brickell neighborhood, encompasses an 80-story luxury condominium tower with 397 residences offering spectacular views of Biscayne Bay, the Brickell skyline, and Coconut Grove. The site benefits from being located close to all the destinations within Brickell while also offering better accessibility and less traffic given its proximity to the lower density areas of Brickell to the South.

“The unprecedented financing we have secured for this transformative development anchored in Brickell is a testament to the demand for an ultra-luxury condominium product in this neighborhood. We have assembled the highest caliber of architecture, and design to execute this project and further solidify the position of Miami’s Brickell Financial District as a business and residential community,” said Camilo Miguel, CEO of Mast Capital. “Cipriani Residences Miami will transform the neighborhood and appeal to a wide variety of domestic and international residents, especially at a time when Brickell continues to experience robust growth fueled by the steady pace of wealth and business migration.”

While the influx of new residents to Miami, particularly the highly desirable Brickell neighborhood, seeking a cosmopolitan lifestyle, warm weather, and favorable tax environment is not new, this trend has dramatically accelerated since mid-2020 and is expected to continue over the years to come.

Mast Capital purchased the 2.8-acre site located at 1420 S Miami Ave. for $103 million in December 2021, which at the time represented the acquisition of one of the last remaining raw parcels of land in Brickell available to build a large-scale, high-rise development. The condominium tower is a signature Bernardo Fort-Brescia design by architecture firm Arquitectonica and world-renowned interior design firm 1508 London.

Starting at $1.7 million, Cipriani Residences Miami offers one- to four-bedroom residences ranging from 1,123 to 3,495 square feet, in addition to penthouses with private pools, with completion slated for 2028. As the crowned jewel of Cipriani Residences Miami, the Canaletto Collection will offer a boutique experience to residents that includes priority access to the tower’s private speakeasy and dining spaces, exclusive global concierge services and custom finish and furniture packages available for purchase, designed by 1508 London. The Canaletto Collection, which comprises six penthouses, will also feature direct elevator entry and a limited number of residences per floor appealing to discrete residents who prioritize privacy. Pricing for the penthouses starts at $17 million. The condominium will offer all residents exclusive access to around-the-clock dining services by Cipriani available in the private restaurant, 24-hour in-home dining and catering services. Dining services will extend to the elevated resort deck featuring multiple swimming pools, lounge and cabanas.

Residents will also have access to a fully equipped state-of-the-art fitness center, as well as a holistic spa including an ice plunge and sauna. The condo tower’s robust amenity package will also include a golf simulator, a pickleball court, a screening room, as well as a library and salon for beauty services. Residents will also have the convenience of a private dog park, children’s playroom and à la carte services like plant care, away-from-home maintenance, pet grooming and walking, luxury house limousine transport within a three-mile radius, in-residence spa treatments, personal training and more.

Mast Capital has emerged as one of Florida’s most active real estate development and investment firms today, with a diverse portfolio of residential, hospitality, and commercial properties throughout the State. The firm continues to expand its portfolio, with acquisitions representing over $3.5 billion in total project capitalization. These investments include new-build up development of over 4,000 residential units in South Florida, as well as the Fort Myers and Tampa metro areas.

Newmark arranged the transaction with a Debt and Structured Finance team led by Co-Presidents Jordan Roeschlaub and Dustin Stolly alongside Executive Managing Director Nick Scribani. Harry Silvera and Yehuda Auman of Gibson, Dunn & Crutcher LLP and Kimberly LeCompte and Eric Fisher of Greenberg Traurig P.A. served as legal counsel for the developer. Aron Zuckerman and Norian Watson of Cleary, Gottlieb, Steen & Hamilton LLP served as legal counsel for Banco Inbursa. Evan Kaufman and Andy Auerbach of Bryan Cave Leighton Paisner LLP served as legal counsel for Ascendant Capital Partners. Ilana Strickon of Holland & Knight served as legal counsel to both lenders. Sales and marketing for the condominium development is handled exclusively by Fortune Development Sales.

Renderings via Mast Capital

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FIRST ON PROFILE: Terra Unveils Plans For Mr. C Hotel & Residences in West Palm Beach With Signature Bellini Restaurant

FIRST ON PROFILE: West Palm Beach will soon welcome its first branded luxury real estate development to one of Florida’s fastest growing metropolitan cities. Terra, one of South Florida’s most active real estate development firms, and the Palm Beach-based Morrison family’s Sympatico Real Estate, have unveiled plans for Mr. C Hotel & Residences in West Palm Beach, Florida.

West Palm Beach will soon welcome its first branded luxury real estate development to one of Florida’s fastest growing metropolitan cities. Terra, one of South Florida’s most active real estate development firms, and the Palm Beach-based Morrison family’s Sympatico Real Estate, have unveiled plans for Mr. C Hotel & Residences in West Palm Beach, Florida.

Located at 320 Lakeview Avenue, in the heart of Downtown West Palm Beach along South Dixie Highway, the 25-story condominium hotel will include 110 rooms alongside 146 branded residences priced from $2 million and up. The development’s standout features will include a signature Bellini restaurant and lounge and an exceptional rooftop pool deck showcasing unobstructed views of Palm Beach and the Atlantic Ocean. Construction of the project is slated to begin in early 2024 and wrap up in 2026.

Mr. C Hotel & Residences West Palm Beach marks Terra’s first development in the Palm Beach County market and the third South Florida property for the Mr. C luxury hospitality and residential brand, founded by brothers Ignazio and Maggio Cipriani. The project will follow the success of the brand’s two successful Miami properties: the Mr. C Miami Coconut Grove hotel, and the sold-out Mr. C Residences in Coconut Grove, which is also being developed by Terra and is nearing delivery later this year.

Terra and Sympatico have tapped Douglas Elliman to lead sales and marketing for the development’s condominium component. Residences will include one- to four-bedroom units measuring between 830 and 2200 square feet in size. Owners on select floors will also have the option of entering their units in the property’s hotel rental program. Sales are anticipated to launch in November.

“Downtown West Palm Beach is emerging as one of South Florida’s most exciting, fastest growing neighborhoods,” said David Martin, CEO of Terra. “We’re seeing great demand from buyers seeking highly curated residences with exceptional resort amenities. The Mr. C brand is synonymous with glamorous modern living combined with a unique level of service, design, and sophisticated dining and social spaces. We’ve had strong sales at our Mr. C Residences project in Coconut Grove, and we’re excited to be partnering once again with Ignazio and Maggio for our firm’s first development in West Palm Beach.”

Members of the fourth generation of the Cipriani family, internationally renowned for restaurants, landmark event spaces, lounges, and residences, Ignazio and Maggio Cipriani conceptualized a hospitality and residential brand that would bring the best of Old World and modern luxury together for today’s most sophisticated clientele. In June 2011 the first Mr. C hotel was born in Beverly Hills, California, setting a new era in timeless yet contemporary hospitality. It was followed by hotels in New York City, with Mr. C Seaport, and Miami, with Mr. C Miami Coconut Grove. The company’s residential portfolio includes Mr. C Residences now underway in Coconut Grove and Jumeirah.

“Mr. C represents a modern interpretation of old-world sensibilities, and my brother and I are very proud to add this exciting new location to our expanding brand. We are happy to align our vision once-again with Terra whose partnership and professionalism we value very much and add a new relationship with Sympatico whose reputation is well known in the South Florida market,” said Ignazio Cipriani, Co-Owner of Mr. C Hotels.

Award-winning firm Arquitectonica will lead the architectural design for Mr. C Hotel & Residences West Palm Beach, with the property’s lush landscaping designed by Landscape Design Workshop. Meyer Davis will curate the project’s interiors and amenity spaces in collaboration with Ignazio and Maggio Cipriani to include signature design cues from the brand.

Resident amenities will include a fitness center and spa, yoga studio, co-working lounge center, dog run, Bocce court, and a resort-style pool deck with cabanas, a children's playground, and a barbecue area. Hotel amenities will include a Bellini café and restaurant, ballroom, lounge room, Niche library, along with a rooftop pool, lounge and jacuzzi area with fully serviced cabanas.

Among Terra’s portfolio of luxury developments underway across South Florida are Five Park, an iconic 48-story luxury condominium rising at the entrance to Miami Beach; the two-tower Mr. C Residences Coconut Grove, which is nearing completion later this year; The WELL Bay Harbor Islands, a wellness-focused mixed-use property with 54 luxury residences and 100,000 square feet of class A office space; Villa Miami, a luxury condominium tower in Miami’s Edgewater district being developed in partnership with One Thousand Group; and the Grand Hyatt Miami Beach convention center hotel in Miami Beach.

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