Related Group and GTIS Partners Secure $328 Million Construction Loan From Bank OZK for 75-Story Baccarat Residences Miami in Brickell

Related Group and GTIS Partners have secured a $328 million construction loan to finance the development of Baccarat Residences Miami, an ultra-luxury condominium tower located at the gateway of Brickell Avenue. Bank OZK provided the floating-rate loan with a competitive interest rate. Berkadia South Florida arranged the nine-figure loan, with efforts led by Managing Director Scott Wadler and Vice President Michael Basinski, Senior Managing Director Mitch Sinberg and Managing Directors Matt Robbins and Brad Williamson.

The property, which launched in late 2021 and is now more than 95% sold, is currently under construction and is expected to complete in early 2028.

"From breaking ground last October, to now closing this loan, our vision for a skyline-defining property is quickly becoming a reality,” said Jon Paul Perez, President of Related Group. "We’d like to thank our lender, Bank OZK, and our various partners for sharing our optimism on the long-term potential of the South Florida market and our commitment to creating an iconic property the entire city can be proud of.”

The loan extends Brickell’s positive momentum, with the sub-market continuing to outperform other central business districts around the country while bucking macro headwinds.

“Brickell is an exceptional neighborhood that only continues to get stronger and more attractive,” said Robert Vahradian, Partner and Head of US investments for GTIS Partners. “With the entrance of marquee companies, like Citadel; and continued expansion of the area’s retail and cultural offerings and, of course, best-in-class residential product, Brickell continues to exhibit immense potential.”

“Despite a shifting capital markets environment, Related and GTIS continue to shape the skyline of this leading global city,” said Scott Wadler, Managing Director of Berkadia South Florida. “The tower’s strong pre-sale commitments underscoring Miami’s market fundamentals, coupled with the sponsors’ proven track record of success in the immediate submarket, created a compelling lending opportunity to capitalize Brickell’s most distinguished new address. The introduction of Baccarat Residences and its storied brand will further enhance the skyline and elevate Miami’s status as a region for ultra-luxury investment and development.”

The sister property to the record-breaking Baccarat Hotels & Residences NYC, the Brickell tower is made up of 355 residences, including just eight exclusive penthouses. Envisioned by internationally recognized architecture firm Arquitectónica, Baccarat Residences Miami honors the French crystal company's storied two-and-a-half century heritage, while simultaneously introducing a modern architectural marvel that pushes South Florida’s design ethos forward.

Residents will enjoy over 75,000 SF of luxurious five-star amenities throughout five levels of the tower — including exquisitely appointed social spaces, a state-of-the-art health and fitness center, La Mer spa facilities, a private marina with residents’ yacht and more — that will be cohesive in essence but unique in design elements and all expertly managed by SH Hotels & Resorts. The property will also feature a curated collection of museum-quality art.

Imagery via Related Group

Related Group and LNDMRK Acquire Three-Parcel Site In Edgewater For $12 Million

The Miami-based Related Group, along with partner Alex Karakhanian at LNDMRK, have acquired 18,000 sq. ft. land parcel encompassing three adjoining sites in Miami’s Edgewater neighborhood. Located at 519, 525, and 535 NE 29th Street, the land overlooks Biscayne Bay and provides easy access to MacArthur Bridge, connecting Edgewater to Miami Beach, and to I-195, leading north to Fort Lauderdale and Palm Beach. Related and LNDMRK paid $12 million for the largely undeveloped site.

“Related identified the growth potential of Edgewater years ago, when we delivered the transformational, four-tower Paraiso Bay community along with Edgewater’s first five-star waterfront restaurant, Amara at Paraiso,” said Nick Perez, President of Related’s Condominium Division. “Edgewater offers it all- prime waterfront views, world-class culinary offerings, and easy access to other key hubs, from the Design District to Miami Beach. This newest acquisition is another step forward in our efforts to solidify the area as a true hot spot.”

“We’re thrilled to announce our acquisition of this premier property in Edgewater,” said Alex Karakhanian of LNDMRK Development. “We look forward to expanding our relationship with Related, who is also our partner on two other nearby projects, The Dorsey and NoMad Residences Wynwood.”

The seller, PPD Edgewater LLC was managed by Esteban Koffsman for the deal, and brokers Joel Rodriguez and Alex Suarez of Global Investment Realty brokered the transaction. LNDMRK Development is a principal based real estate company that primarily focuses on sourcing, acquiring, and developing commercial, residential, and mixed use projects throughout the Southeastern United States. Related and LNDMRK continue to pursue additional joint opportunities throughout South Florida.

With Hotel-Inspired Services and Endless Water Views, The St. Regis Residences, Miami is Brickell’s Definitive Luxury Address

From its signature Bloody Marys and legendary butler service to its afternoon teas and midnight suppers, The St. Regis has been renowned for its tradition of innovation and commitment to impeccable service since its founding nearly a century ago. Recognizing the need for a residential-only lifestyle that embodies this celebrated approach to hospitality, real estate industry leaders Related Group (Related) and Integra Investments (Integra) are bringing The St. Regis Residences, Miami (The Residences) to Brickell’s thriving city center.

Envisioned as the neighborhood’s definitive luxury address, The Residences is being brought to life by a visionary team, with architecture by the esteemed Robert A.M. Stern Architects (RAMSA) and interiors by the highly acclaimed Rockwell Group. This striking property marks the first residential development in South Florida for RAMSA, who drew inspiration from the elegant aesthetic of golden-age ocean liners at sea, merged with the modern allure of skyscrapers. The 50-story tower will feature 150 condominium homes, including sky villas, penthouses and 2 stand-alone garden villas, creating a once-in-a-generation building that offers a bespoke experience synonymous with the St. Regis brand’s unmatched, historic five-star services. 

“Related has a four-decade track record of delivering exceptional residential communities that cater to market demand,” said Nick Pérez, President of Related Group’s Condominium Division. “In designing The St. Regis Residences, Miami, the team spared no expense, focusing on what high-net-worth buyers want most: expansive homes, increased privacy, uncompromised views and access to world-class amenities and services.” 

Residences will range from two to six bedrooms with lavish finishes throughout. The grand floor plans include private elevators and entry foyers, as well as oversized walk-in closets, spa-like bathrooms and more. Kitchens are equipped with top-of-the-line Sub-Zero and Wolf appliances, custom Italian cabinetry designed by Rockwell Group, and imported natural stone countertops and backsplashes. Each residence will also showcase panoramic views of Biscayne Bay and the glittering Brickell skyline.  

Residents can experience the epitome of hotel-inspired living with a vast selection of indoor and outdoor amenities spanning over 60,000 square feet. The Residences features a fine-dining restaurant by Michelin-starred chef Fabio Trabocchi; a professional-grade fitness center with a pilates and yoga studio; a new, full-size pickleball court; a world-class spa and holistic wellness center; an indoor lap pool; and the iconic St. Regis Tea Room. 

Park-like grounds surround the building with lush landscaping designed by the acclaimed Swiss design firm, Enea Garden Design. Signature butler services complete the lifestyle experience, including services such as deliveries to residences, an on-premises house car, shoeshine service and other personal arrangements.

“At Related, we strive to continuously surpass the needs and wants of our buyers,” adds Pérez. “The St. Regis clientele know exactly what they want and we’re delivering just that. We’re confident that our plans for The Residences will set a new standard for resort-inspired living in South Florida.” 

Since its establishment over 100 years ago, St. Regis Hotels & Resorts has been renowned for its ultra-luxurious and sophisticated accommodations. The brand’s famed flagship property in New York City has long been a go-to, five-star destination among the world’s elite. By bringing The Residences to the Miami market, Related continues to push the boundaries of luxury and set new standards for upscale residential communities nationwide.

The Residences is over 50 percent reserved and is converting reservations to contracts. ONE Sotheby’s International Realty is the exclusive sales and marketing partner for The Residences. For more information, please call (786) 713-3562 or visit miamisrr.com. 

Related Group's Nick Pérez on Wynwood’s Transformation And The Future of Development in This Burgeoning Neighborhood

The Wynwood Arts District, famously known for its striking graffiti walls and vibrant arts and entertainment scenes, is now one of Miami’s most desirable places to live, work and play, with some of the biggest names in tech, dining, fashion and hospitality setting up shop in the neighborhood.

Leading this charge is real estate powerhouse, Related Group, the first developer to enter Wynwood in 2019 with the area’s first ground-up rental community, Wynwood 25, and the firm behind the premier Class-A office building, Wynwood Annex.

Now, Related is betting big on the future of Wynwood’s luxury residential market with NoMad Residences Wynwood, the first hospitality-infused condominium from the iconic brand, NoMad Hotels.

PROFILEmiami had the opportunity to speak with Related Group’s Senior Vice President, Nick Pérez, to learn more about this exciting new development and what the future holds for the area.

PROFILEmiami (PM): What initially attracted Related Group to Wynwood?

Nick Pérez (NP): JP Pérez, the President of the Related Group, initially convinced our father, Jorge Pérez, to enter the Wynwood neighborhood, which has been one of our most successful plays to date. When Related chose to build Wynwood 25, our first large-scale rental development in the neighborhood, we were impressed by the art district’s popularity with locals and tourists alike. We recognized that while millions of people were visiting Wynwood each year, there were no existing large-scale residential communities that catered to locals. It was this lack of quality housing supply that compelled us to deliver Wynwood 25, which opened four years ago, and has since ignited a wave of residential development that has transformed the area into one of the hottest rental markets in the county.

Thanks to JP’s visionary foresight, our bet paid off in a big way and today we are the single most active developer in Wynwood. Related alone has a total portfolio, including units completed and under development, of more than 1,250 luxury rental apartments in the neighborhood. Similar to our rental projects, we hope that the NoMad Residences Wynwood will set an example for other condominium developers to follow. Not only are we creating a high-quality building that our buyers will be proud to call home, but we are incorporating a wealth of food and beverage options that will be open to the public and contribute to Wynwood’s dynamic community.

We’re exceptionally proud of the progress we’ve made to date and look forward to the building’s groundbreaking later this year.

PM: Talk to us more about NoMad Residences Wynwood. How did the project come to be?

NP: As one of the pioneers behind the branded residences trend in Miami, we recognized the potential for a partnership with a reputable hospitality brand to envision a new type of condominium offering in Wynwood. The philosophy behind NoMad Hotels is grounded in the idea of the hotel as a great home, which spoke to us as residential developers. The brand’s expertise in creating and activating artfully-lived spaces made it the ideal partner for this project.

Furthermore, the NoMad New York was credited for transforming Manhattan’s North of Madison enclave into one of the city’s most in-demand neighborhoods, and we feel strongly that the NoMad Residences Wynwood will further contribute to Wynwood’s incredible evolution, leading it to become one of Miami’s most inspired and sought-after destinations.

We developed NoMad Residences Wynwood in partnership with New York-based Tricap and collaborated with our globally-renowned design partners, DesignAgency and Arquitectonica. In addition to a full suite of resort-style amenities, the nine-story building will include two signature food and beverage offerings that will be open to the public, including the rooftop restaurant and mixology bar, The NoMad Bar. On NoMad Wynwood’s ground floor, residents and the community can enjoy a Casa Tua Cucina, an expansive open-kitchen concept offering simple, yet expertly crafted Italian and Mediterranean fare.

PM: Wynwood is rapidly transforming into Miami’s tech epicenter. How have Related’s properties contributed to this growth?

NP: In the wake of the pandemic, Wynwood became a major hub for innovators within the tech and finance spaces, including Founders Fund, Atomic Venture Capital and Live Nation Entertainment, which opened offices at The Annex.

The range of forthcoming hospitality and residential offerings, including the Arlo Hotel, Moxy Hotel and the Related communities, will cater to the needs of this growing workforce, much of which is looking to put down roots in the neighborhood.

In fact, this growing tech population paired with the highly regarded NoMad brand has directly translated into robust sales activity at NoMad Residences Wynwood. More than 50% of the building’s 329 fully-furnished homes are already in contract, including one priced at roughly $2,000 per square foot, which shattered neighborhood price records.

PM: Why is the neighborhood attractive to companies wanting to open an office in Miami?

NP: South Florida has experienced tremendous population growth in recent years as many people relocated from New York City, Chicago, Atlanta and parts of Texas.

Wynwood is unique in that it offers a highly creative environment with proximity to the Miami Design District, Midtown and Miami Beach, making it an ideal location for companies looking to tap into the city's diverse business and cultural communities. The neighborhood is home to acclaimed art galleries, luxury boutiques and Michelin-star and five-star restaurants, all of which contribute to its appeal.

PM: What’s next for Related after NoMad?

NP: The Related team has worked to revitalize neighborhoods and improve communities since my father founded the company more than 40 years ago. We’re often among the first to recognize the signs of a promising market like Wynwood. One of our primary goals is to bring projects to life that complement and contribute to the desirability of the surrounding neighborhood — and NoMad Residences Wynwood will be a standout example of that. We can’t wait to show off the finished product.

Casa Bella by B&B Italia Debuts Penthouse Collection In Downtown Miami

Casa Bella Residences by B&B Italia, which aims to bring the best of Italian design and lifestyle to Downtown Miami, has unveiled plans for the tower's dramatic penthouse collection that includes a pair of 54th-floor triplex residences with expansive rooftop terraces and Biscayne Bay views. Developed by Related Group in partnership with Alta Developers, the 56-story condominium tower offers 317 luxury residences and represents the first residential partnership for the famed Italian design house B&B Italia, known around the world for its high-end collaborations with legacy brands such as Rolex, Hermès, and Rolls-Royce.

The penthouse collection includes a total of 10 upscale residences, the crown jewels of which are the aforementioned triplex homes with private rooftop terraces, each featuring spa pools and indoor/outdoor summer kitchens overlooking Biscayne Bay. These two extraordinary homes range in size from 5,432 to 5,900 square feet and are priced between $12 million - $13 million.

The 54th-floor is also home to two remarkable duplex penthouses that span 4,100 and 4,560 square feet. The duplex penthouses are priced between $8 million and $10 million. All four of the Upper Penthouse residences feature stunning living areas with double-height ceilings (23-foot) and floor-to-ceiling windows that showcase jaw-dropping views of Biscayne Bay.

The 52nd and 53rd floors include six penthouses with just three homes per floor. These residences range in size from 2,982 to 3,772 square feet with prices from $4.8 million to $6 million.

Casa Bella by B&B Italia features architecture by Arquitectonica and interiors by renowned designer Piero Lissoni — who also serves as creative director for B&B Italia — and the B&B Italia team, every aspect of the building is envisioned as an oasis, offering a refined Miami aesthetic rooted in contemporary Italian design.

Throughout the Penthouse Collection, ceiling heights reach 12 feet with windows that frame cinematic views of Biscayne Bay and the Miami cityscape. Pierro Lissoni’s modern and refined aesthetic is showcased with an exquisite selection of European fixtures and finishes that imbue the homes with B&B Italia’s unique brand of Mediterranean-inspired luxury. Penthouse units have additional distinct flooring options including natural stones.

Gourmet kitchens feature integrated espresso machines and double-door SubZero refrigerators, and a selection of kitchen cabinet colors exclusive to Penthouse units. Select homes offer eat-in kitchens. The graciously-sized primary bedrooms include dual walk-in closets. Many of the penthouse residences offer baths with freestanding soaking tubs and large showers with Bay views.

For added ease, residents will have the opportunity to work directly with B&B Italia’s celebrated designers to outfit their units. B&B Italia will offer move-in-ready packages with furnishings and décor for each unit type. There is also the opportunity for buyers and designers to personalize their units using pieces from B&B Italia collections.

Casa Bella by B&B Italia offers two full floors of amenities, complete with dedicated entertainment spaces overlooking Biscayne Bay. These spaces range from a spacious party room to a wine vault and tasting lounge, as well as a top-of-the-line private theatre and co-working spaces. A world-class Wellness Center caters to fitness-minded residents, featuring professional-level equipment, as well as dedicated yoga and spin rooms, while the spa facilities offer an array of on-demand services including massages, facials, blowouts and manicure/pedicures.

Outdoors, landscape architect Enzo Enea envisioned a pool deck with lush Italian-inspired gardens to create an oasis within Downtown Miami. The 80-foot lap pool is surrounded by private cabanas and shaded lounge areas, as well as an open-air lawn for yoga and meditation. A poolside bar and Mediterranean café will have light bites and refreshments on offer. On the 56th floor, residents can access the tower’s rooftop pool and terrace, which is complete with a state-of-the-art observatory.

A personal concierge is available to assist residents on or offsite. Services include housekeeping, grocery shopping and delivery, dry cleaning and laundry, nanny and childcare, overnight shoe-shining, pet care services and personal tech support. Additional benefits include preferred tickets to performances and local events and a complimentary one-year membership to the Grand Bay Beach Club in Key Biscayne.

Located at 1400 Biscayne, Casa Bella offers a prime location in the Arts and Cultural District, which is coming into its own as the heart of Miami’s “New Downtown.” The property offers buyers ease of access to nearby hotspots such as the Pérez Art Museum Miami, Frost Museum of Science, the Adrienne Arsht Center for the Performing Arts and Miami-Dade Arena.

Renderings via Related Group

The St. Regis Residences, Miami 'Wow' With Curated Lifestyle Amenities

Private marinas, 24/7 concierges, unmatched waterfront views, and in-unit elevators – these are just some of the lifestyle offerings today’s evermore demanding buyers expect when shopping for a luxury condominium in South Florida. To stand out amongst increasingly over-the-top high-rises, developers of branded residential projects across booming Miami are going on the offensive, offering curated amenities that exceed even the loftiest expectations. 

“It’s all about surprising buyers – offering something they never knew they couldn’t live without,” says Jon Paul Perez, President of development powerhouse Related Group. “We’re always pushing the bar higher and working to outdo ourselves. Take golf simulators and VR amenities, for example. Not too long ago, these were an extra luxury reserved only for our most high-end projects. Now, these types of options are simply expected.”

Branded residential concepts, like Related’s and Integra Investment’s St. Regis Residences, Miami, are setting the pace for a new wave of condominiums vying for the spotlight in sunny South Florida. By partnering with beloved brands, Miami developers can curate their projects to match the passions of buyers and deliver entire turnkey lifestyles with exceptional, five-star service. Simply using a brand name isn’t quite enough, however. 

“We invested considerable time and resources into ensuring our amenities, signature butler services, and rituals live up to the rich history of the St. Regis name,” says Nelson Stabile, principal and co-founder of Integra and co-developer of The St. Regis Residences, Miami. “Many of our buyers are loyal to the St. Regis brand and want to immerse themselves in the iconic brand full-time. As such, every lifestyle feature and service offering in The Residences is hand-curated to exude that unique St. Regis spirit.”

Located in the heart of the Brickell neighborhood and situated on an exclusive waterfront site, while offering glimmering views of Biscayne Bay, The Residences come brimming with lifestyle touches, including over 60,000-square-feet of hand-selected amenities. Among the many standouts is the elevated waterfront pool deck, designed to evoke the prestigious roots of the St. Regis brand. The expansive terrace features a saltwater swimming pool and poolside cabanas overlooking turquoise waters, as well as a poolside café and bar, a whirlpool, and luscious gardens with ample seating for residents to admire the greenery – all complemented by breathtaking bay views and serene sounds of the water.

The property’s state-of-the-art fitness center includes the latest in cardio, strength training, yoga and meditation equipment curated by The Wright Fit. The on-site spa continues the dreamy experience, and showcases the resort-inspired lifestyle, with comprehensive facilities – including an indoor lap pool, cold plunge pool, salt spa room, dual saunas, and state-of-the-art treatment rooms. 

Additional highlights include a St. Regis signature tearoom, where residents can enjoy the brand’s historic afternoon tea service, a fine-dining restaurant helmed by James Beard Award-winning Chef Fabio Trabocchi, a private marina, programmable golf simulator, and a 31st-floor sky lounge with 360-degree views of the Magic City.

Owners will also enjoy a world-class portfolio of services, including a 24-hour St. Regis-trained butler dedicated to fulfilling owners’ personal requests. Whether arranging personal appointments, coordinating travel and transit, or hosting an event in one of the signature St. Regis spaces, like the tearoom or cognac room, the aim is to keep residents at ease. 

And while developers of The Residences place a heavy emphasis on amenities, the 342 residences were no afterthoughts. The units come in varied floor plans, including penthouses and sky villas, and range from one to seven bedrooms. The open-concept layouts come standard with custom European marble flooring, Wolf appliances, custom Italian cabinetry, Dornbracht fixtures, and full-height wine refrigerators. Units start at $1.5 million. 

For more information about the property, please visit: St. Regis Residences Miami | New Luxury Condos for Sale South Brickell (miamisrr.com)

This article was produced in partnership with Related Group

The St. Regis Residences, Miami are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). 1809 Brickell Venture, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.

St. Regis Residences, Miami Launches Sales At Second Tower Amid Strong Sales At East Tower

A partnership between Related Group and Integra Investments have launched sales at the second tower at The St. Regis Residences, Miami, an uncompromising new condominium set to redefine Miami’s skyline in Brickell. The launch of the western located William Tower comes amid strong sales and buyer response at the eastern Astor Tower which launched earlier this year. Residences in the William Tower are priced from $2.8 for a 2,300 SF two bedroom residence.

The two-tower property is set at the pinnacle of design, combining the talents of Robert A.M Stern Architects (RAMSA) and Rockwell Group spearheading architecture and interiors, respectively. The 354 bespoke residences set across both towers will offer an equally sophisticated experience. The project has a sell-out expected to exceed $2 billion.

Located at 1809 Brickell Avenue, the residential development will offer an everyday hotel-inspired living experience, complete with historic five-star service. Owners will enjoy lifestyle offerings worthy of the legendary St. Regis name, offering over 55,000 sf amenity areas – from an indoor lap pool to the iconic St. Regis Tea Room – as well as the brand’s signature Butler service and curated assortment of iconic rituals. Never-ending views of Biscayne Bay’s turquoise waters, rounds out the picture-perfect package.

St. Regis Hotels & Resorts has set the standard for glamour and sophistication for more than a century. The original St. Regis New York City property, which opened in 1904, has long been a destination among the world’s elite, including cultural icons such as Andy Warhol, Salvador Dalí and Marilyn Monroe. With its new Miami entry, St. Regis continues its legacy of being at the bleeding-edge of luxury and culture.

The sales gallery for The St. Regis Residences, Miami is expected to open early next year. Sales and marketing are being overseen by ONE Sotheby’s International Realty.

For more information about The St. Regis Residences, Miami,, private showings or purchasing/ leasing information please fill out the form below:

B&B Italia Is Distilling The best of Italian Living in Miami’s Downtown

Nobody does luxury quite like Italy. From unmatched gastronomy, to revered art and design, the Italian peninsula offers a sense of style unlike anywhere else in the world. 

This focus on form and beauty has long defined Italian design, whether it be in automobiles, fashion, interior design or home furnishings. Italian design always stands out, with countless attempts to emulate the Mediterranean region’s understated, yet exquisitely refined aesthetic. 

Based in Novedarte, Italy, B&B Italia is not content retreading previously explored ideas, however. Working with visionaries, like Artistic Director, Piero Lissoni, the world-renowned design house is working to reimagine the quintessential Italian ‘look’ for a new generation of connoisseurs. 

The approach has proven to be highly successful, with robust growth and an impressive stable of A-list collaborators, including iconic brands like Rolex, Piaget, Rolls Royce, Fendi, Apple and many more. 

B&B Italia is now venturing into the luxury real estate space, partnering with development powerhouses Related Group and Alta Developers, to deliver their first-ever residential property. 

Casa Bella Residences by B&B Italia is an exclusive luxury condominium located in the heart of Miami’s downtown neighborhood, just steps from the sparkling waters of Biscayne Bay. With architecture by Arquitectonica and interiors hand-curated by Piero Lissoni and the B&B Italia team, every aspect of the 55-story tower is envisioned as an oasis, offering a refined Miami aesthetic rooted in contemporary Italian design. 

We recently sat down with Francesco Farina, Chief Executive Officer for B&B Italia’s US operations to learn more about Casa Bella Residences by B&B Italia.

Why is B&B Italia venturing into branded real estate? What kind of draw does this hold for you and your team? 

Miami plays an integral role within the arts and design community. Our company believes that it is important, being a leading brand in design, to have a place to tell our story, and Casa Bella Residences by B&B Italia allows the brand to bring the exquisite experience of Italian design to life in Miami. 

Casa Bella Residences by B&B Italia is supposed to distill the very best of Italian design. What does that mean to you? 

B&B Italia continues to stand out for both its representation of contemporary culture as well as its research and innovation. There is a fruitful partnership that we have between the company’s Research and Development Center, a workshop for excellent ideas, and the best international design professionals outstanding talent, which has resulted in the creation of iconic products that have defined our brand.

This is a unique project for B&B Italia. Your team is handling furnishings while Piero Lissoni handles interior designs. Does this type of approach give your team greater creative freedom? 

This sort of approach gives us the ability to really work with Piero in a unique way outside of his role as Artistic Director for B&B Italia. Piero has played a key role across many other Related projects, which gives us a leg up of sorts. He helps us anticipate challenges unique to the development world and helps us deliver an even higher quality product. 

We cannot wait to show the world what we’ve been working on! 

B&B Italia is known around the world for its home furnishings. How are you translating that brand ethos into a full residential experience?

B&B Italia’s modern, refined aesthetic makes us feel at home in this beautiful residential tower. Distilling the best of life on the Italian peninsula, the 55-story Casa Bella will instantly transport residents away from the bustling city center. The tower is set with wide open views of Miami that are sundrenched, and encompasses the art of Italian living.  All residences feature private elevator access, soaring ceilings and panoramic water views, as well as an exquisite selection of European-fixtures and finishes. Outdoors, the pool deck is adorned with lush Italian-inspired gardens to create an oasis within Downtown Miami. Five-star service completes the residential experience including a personal concierge available to assist residents on- or offsite.

Units at Casa Bella by B&B range from $650,000 to $3.7 million for non-penthouse floorplans. For more information or to arrange a tour of the sales gallery, please visit CasaBellaResidences.com or call 305-290-1008. 

Related Group And Tricap Launch NoMad Residences Wynwood With A Casa Tua Cucina

One of Florida’s leading developers Related Group, together with Manhattan-based developer Tricap, have unveiled plans for the NoMad Residences Wynwood, the first residential concept from the global hospitality icon NoMad Hotels and its parent company, Sydell Group.

Known for thoughtfully designed properties, grounded in the idea of ‘creating an artfully lived life,’ NoMad Hotels have captured the imagination of world travelers. The brand’s curated approach has earned countless accolades from media and industry organizations, including NoMad London being honored as one of the city’s top hospitality destinations by Architectural Digest, Conde Nast Traveler and Vogue, as well as the AHEAD Global Ultimate Award for “Best New Hotel in the World” and “Hotel of the Year” at the AHEAD Europe 2021 awards.

“There is no brand better suited for Wynwood,” says Jon Paul Pérez, President of Related Group. “Each NoMad Hotel embraces and elevates its surrounding communities with an artistic spirit that fuels excitement, energy and growth. Along with our partners at Tricap and NoMad, we are set to deliver the only residential experience worthy of this incredible neighborhood.”

Presenting experiences rich in style and mastery of craft, the NoMad Residences Wynwood is the first hospitality infused condominium in the market, drawing inspiration from the brand’s inaugural property in New York City, as well as its award-winning sister hotels in London, Las Vegas and Los Angeles. At the heart of this promise is the property’s best-in-class food and beverage offerings, which include a signature rooftop restaurant and mixology bar concept, The NoMad Bar. The restaurant will be helmed by James Beard Award Winner Leo Robitschek, VP of Food and Beverage at Sydell Group and the former Bar Director for New York City’s three-Michelin Star restaurant Eleven Madison Park.

Andrew Zobler, CEO at Sydell Group and recent Miami transplant, says, "Our team is known for creating unique hotels that feel like home and tell stories of their neighborhoods. As our first fully residential experience, we intend for the NoMad Residences Wynwood to become central to our residents’ life stories and set a new bar for condominium living."

The project will also include an exceptional anchor destination on the ground floor – Casa Tua Cucina. A lighthouse brand setting the standard for a new way of experiencing high-end social dining, ‘Cucina’ is an expansive open-kitchen concept offering simple, yet expertly crafted Italian and Mediterranean fare. A brand whose intention is set on offering meaningful and authentic experiences, Casa Tua Cucina brings soul, craftsmanship and a strong-rooted community to the heart of Wynwood.

“My team and I love Wynwood. The neighborhood is blooming and quickly asserting itself as one of the world’s great communities,” says Casa Tua founder Miky Grendene. “It’s been incredible to work with all the talented teams involved in the NoMad project, all of which share our commitment to simplicity, quality, and service. We cannot wait to deliver a gathering space that’s as vibrant and soulful as Wynwood itself.”

Located at 2700 NW 2nd Avenue, steps from the world-famous Wynwood Walls, the NoMad Residences Wynwood continues the brand’s tradition of blending iconic heritage with new, cutting-edge ideas. The brand’s focus on eclectic, modern design remains a priority, with all interior spaces envisioned by DesignAgency – known for their work with world-renowned brands. Working together with the development team and global award-winning architecture firm Arquitectonica, DesignAgency is committed to delivering spaces that honor and complement Wynwood’s free-thinking aesthetic.

The meticulous attention to detail extends to the bespoke on-site amenities, hand-selected by NoMad’s world-class team. In addition to the showstopping eatery and bar, the expansive rooftop will feature striking panoramic views of downtown Miami, a fully serviced pool and sun deck, private cabanas, and a state-of-the-art indoor and outdoor fitness lounge. The signature NoMad Library and Lounge, located on the ninth floor, will serve as a secondary resident hub, featuring NoMad-curated experiences and events, ample shared workspaces, and more. Additional on-site highlights include an outdoor theater with a seating lawn and grilling area, 24/7 valet service, and museum-quality art handpicked from the Jorge M. Pérez Collection.

The 329-units within the nine-story building range from 464 to 931 square feet and come standard with high ceilings and floor-to-ceiling sliding glass doors leading out to private balconies. Kitchens will be equipped with premium Bosch appliances, Italian-style cabinetry adorned with brass hardware, and sleek stone countertops. All units will also come fully furnished, with packages curated by DesignAgency. Buyers will also have the option to rent their units to guests, with the expert in-house property management team spearheading check-in and check-out.

The surrounding Wynwood neighborhood – praised as one of the country’s hottest neighborhoods by Tripadvisor and the most walkable area in Miami – frames the property. Residents enjoy easy access to countless office hubs, including a WeWork location, 70+ art galleries and countless street-level murals, trendy boutiques featuring a mix of eclectic and couture fashion, as well as well-known retailers, such as Marine Layer and Warby Parker. The property is also steps from Miami’s most exciting culinary scene, featuring nationally recognized outposts such as KYU, Panther Coffee, Uchi, Zak the Baker and many others.

“There are no compromises here,” says David Edelstein, Principal at Tricap. “Between the unmatched location, The NoMad Bar, Casa Tua, the first-class amenities, and exclusive thoughtful offerings, the NoMad Residences Wynwood sets the standard for all future residential concepts in the area.”

With prices starting in the mid $500,000s, reservations for the NoMad Residences Wynwood are set to begin in April 2022, with groundbreaking targeted for the last quarter of 2022. Fortune Development Sales is the exclusive sales partner.

Images via Related Group

For more information about NoMad Residences Wynwood, private showings or purchasing/ leasing information please fill out the form below:

At The Heart Of It All. Downtown Miami's Metamorphosis Into Global Hub Accelerates

Today, Miami’s Downtown neighborhood may be one of the world’s great cosmopolitan centers, but even just a few years ago, the area was a ghost town by nightfall. According to Sonia Figueroa, Senior VP for development powerhouse Related Group, “Offices would close, and a mass exodus would begin, with thousands commuting to residential areas like Coral Gables or Brickell. By 5 o’clock the streets would be totally deserted. It’s incredible to see how things have changed.” 

This transformation has been years in the making, requiring significant investments across countless sectors. “There wasn’t a single catalyst,” adds Figueroa. “It was many different things coming together that really drove the change. The opening of the Brightline’s MiamiCentral Station, the progress on Miami Worldcenter and, of course, the huge influx of corporations and new residents from across the country, all became a kind of perfect storm.” 

The data backs up the idea of a seemingly overnight transformation, with a recent report from Miami DDA showing a 40 percent surge in population in the downtown area since 2010 – and a 56 percent increase since 2000. 

Often the best-attuned to neighborhood trends, Miami’s developers were among the first to recognize just how quickly the area was changing. And the residential demand that would soon come.  

According to Figueroa, “Downtown Miami always had incredible potential. It’s right by the bay, it’s seconds from our best museums, our stadium, transportation options – everything. The only thing missing was residential product that could live up to those kinds of surroundings.” 

Where old, dilapidated buildings once stood, now live dozens of sleek condominiums, trendy restaurants and bars and an ample selection of retail boutiques. In fact, rental inventory in Downtown Miami has more than doubled since 2012. More than 5,900 apartments have been completed in the last two years, and another 5,900 units are under construction. 

Developers like Related Group are betting big on the future of the so-called “New Downtown.” In 2021 alone, the company announced plans for three luxury condo towers in the neighborhood, including District 225 and The Crosby – two short-term-rental-ready projects – and Casa Bella Residences by B&B Italia, a project Related believes will speak to Miami’s growing numbers of high-design aficionados. 

Built in partnership with Alta Developers, the 55-story condo looks to take a significantly more upscale approach than its neighbors, especially when it comes to its interior and exterior designs. The property is the first residential partnership for famed Italian design house B&B Italia, known around the world for its high-end collaborations with brands like Rolex, Hermès, and Rolls-Royce.  

The project’s approach to amenities is another indicator of its high-end focus. “We wanted to offer something for every lifestyle,” says Figueroa, lead developer on the project. “Entertainers will have many indoor and outdoor lounges at their disposal. Fitness and wellness enthusiasts will be able to enjoy a world-class fitness center and spa. As for those residents who love to soak up the sun, the renowned landscape designer Enzo Enea created a breathtaking pool deck complete with private cabanas and a poolside bar.”  

During the project’s launch in late 2021, Related President Jon Paul Pérez said, "We are in the middle of one of the most robust markets in Related’s history, a trend we expect will pick up further with the launch of Casa Bella.” And indeed, it did. Just weeks after launch, Casa Bella has already accumulated over $100 million in reservations. 

While still early on in its reimagining, the overwhelming demand for residential units in Downtown Miami has made one thing clear: the neighborhood is ready for its moment in the sun. 

Units at Casa Bella by B&B Italia range from $650,000 to $3.7 million for non-penthouse floorplans. For more information or to arrange a tour of the sales gallery, please visit CasaBellaResidences.com or call 305-290-1008.

This article was produced in partnership with Related Group