Tula Residences Tops Off, Set To Become First New Condominium to Open In Miami's North Bay Village In More Than a Decade

Bayshore Grove Capital, a Miami-based real estate and private equity firm, which is leading the project's development and construction, with Pacific & Orient Properties serving as the project developer, have topped off Tula Residences, the boutique residential address nestled in the heart of North Bay Village, one of Miami’s most exclusive waterfront island communities. Introducing a collection of just 54 private residences, the 21-story development pairs panoramic views of Biscayne Bay and the Miami skyline with approximately 18,000 square feet of highly curated amenities. With completion expected in Q3 2027, the project is set to become the first new condominium to open in North Bay Village in more than a decade.

The construction milestone also represents a new chapter for Tula Residences and follows the development’s recent $67 million construction loan from S3 Capital. As the building makes significant progress toward completion, the development team has engaged Compass Development Marketing Group to join Brown Harris Stevens as co-listing broker for marketing and sales efforts. Compass joins Tula Residences in a co-listing arrangement with Brown Harris Stevens.

“Reaching the top of Tula is an exciting moment for us and for North Bay Village,” said Vivian Dimond, Founder and CEO of Bayshore Grove Capital. “We have believed in the potential of this community from the beginning, and it is rewarding to see Tula take its rightful place as an anchor of the neighborhood. As construction moves closer to completion, the character of the building and the lifestyle we envisioned are coming to life right in front of us.”

With convenient access to both sides of Biscayne Bay, Tula is designed as a private residential retreat offering expansive residences and a collection of wellness and social amenities. Designed by architecture firm M77R (‘matter’) with interiors by Shannon Farrell Design, whose portfolio includes acclaimed residential and hospitality projects across Miami, New York and Los Angeles,

Tula features a limited collection of two- to five-bedroom residences, including six penthouses spanning the upper three floors. The residences range from approximately 1,590 to 2,440 square feet, while the penthouses offer approximately 3,700 to 4,140 square feet. Prices start below $2 million. Every residence is a corner residence, offering exceptional views of Biscayne Bay and the Miami skyline.

“Tula offers something truly compelling for North Bay Village, as buyers increasingly recognize the appeal of waterfront living in a location that offers both privacy and immediate access to Miami and Miami Beach,” said Philip Freedman, Senior Managing Director of Sales. “Now that the building has topped off, buyers can see firsthand the progress taking shape and better understand what sets Tula apart within Miami’s condominium market.”

As the new development division of Compass, one of the nation’s leading residential real estate brokerages with a strong presence in South Florida and major luxury markets across the U.S., Compass Development Marketing Group specializes in the launch, positioning and sellout of high-end condominium and mixed-use projects. At Tula, Compass Development Marketing Group will work alongside Brown Harris Stevens as co-listing broker, supporting the project's sales strategy and broker outreach as the development advances toward completion.

Complementing the residences, Tula will offer amenities designed around wellness, relaxation and gathering. A sixth-floor amenity level will feature a resort-style pool surrounded by a landscaped deck, poolside lounges and private cabanas overlooking Biscayne Bay and the Miami skyline. Indoors, residents will have access to a 2,400-square-foot fitness center outfitted with state-of-the-art equipment, a great room with a marble fireplace, a private dining room for 12, and the Skyline Club Room, which will be available for private gatherings. Additional amenities include a surround-sound theater for private screenings, 24-hour concierge service and secure package storage. At the waterfront, the Vista Lounge will offer an additional setting for residents to relax and gather, with floor-to-ceiling windows and direct views of the bay.

Located at the midpoint between Miami and Miami Beach, North Bay Village is undergoing a period of significant investment and growth across its residential, hospitality and commercial landscape. The community offers immediate access to some of the region’s most important destinations, including the Miami Design District, the Wynwood Arts District, Downtown Miami’s Adrienne Arsht Center for the Performing Arts, Pérez Art Museum Miami, and the Frost Science Museum, as well as Miami International Airport and the beaches of Miami Beach. Tula’s topping off brings the project one step closer to delivering a new residential offering within this evolving waterfront community.

Images via Tula Residences

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The Rider Residences Tops Off Construction In Wynwood

Ciprés, a next-generation real estate development firm, in partnership with veteran South Florida developer Rilea Group, announced the recent topping off of construction for The Rider Residences, a boutique, one-of-a-kind bold interpretation of residential living, rising 12 stories at 94 NE 29th St.

The milestone follows the start of vertical construction in 2025 and marks significant progress toward the project’s anticipated completion in the second half of 2027. Beauchamp Construction serves as the general contractor.

“Construction top off is the moment the last slab is poured and the structure is completed. From here, the façade takes shape and work on the interiors begins,” said Diego Ojeda, Founder of Ciprés and President of Rilea Group. “Reaching this milestone on schedule says a lot about the project and reflects the dedication of Beauchamp Construction, the crews on site and our entire team, along with the support of Banco Inbursa, who backed us from the start. Ciprés conceived The Rider as a piece of contemporary Miami, where architecture, art, fashion and rock ’n’ roll live under one roof. This month, we will start construction on Mohawk at Wynwood on the same block. We are here for the long run.”

Located at the crossroads of Wynwood, Midtown, Edgewater and the Miami Design District, The Rider Residences situates residents at the nexus of acclaimed dining, art, luxury shopping and national retailers.

The building will encompass 152 fully furnished studios, one-, two-, and three-bedroom homes, as well as penthouses, with select floorplans featuring dens and half baths, ranging from 386 to 1,612 square feet. Features include Bertazzoni appliances, Italkraft cabinetry, Cosentino Dekton countertops and smart-home technology. Restoration Hardware furnishings will be available in select penthouse and lanai residences. Pricing ranges from $550,000 to $2.4 million.

Architecture by Deforma Studio pairs industrial influences with Miami’s creative energy, while interiors by RADYCA draw on 1970s glamour through rich materials, midcentury references and photography sourced from Morrison Hotel Gallery and Iconic Images Gallery.

Amenities will include a resort-style rooftop pool area, residents lounge, as well as fitness and wellness spaces with cold plunges, infrared saunas and a marble Turkish hammam. The Leopard Room, a soundproofed speakeasy and lounge on the ground floor, separated from the residences by the garage above it, will be available for owners and tenants to reserve for private events. Motorcycle and bicycle rentals and a gated bike room will be available for those on the go. Owners will also have access to a private beach club in Miami Beach’s South of Fifth neighborhood. Approximately 11,000 square feet of ground-floor retail and rooftop food-and-beverage space will complement the residential offerings.

Conceived with flexible ownership in mind, The Rider Residences will allow short-term rentals, with optional white-glove property and rental management through The Rider Living. Buyers may also finance their residences through crypto-backed mortgages from Milo, with closings facilitated by Propy.

Leading South Florida luxury residential brokerage Cervera Real Estate exclusively leads sales and marketing for the development.

“Every element of The Rider has been thoughtfully selected for people who love a bold aesthetic, travel often and seek a home that complements their dynamic lives,” said Alicia Cervera Lamadrid, Managing Partner of Cervera Real Estate. “It’s a distinctly fresh perspective on luxury living, pairing expressive design with effortless sophistication. Set amid Miami’s trending neighborhoods, The Rider stands at the forefront of the city’s evolution.”

The building’s topping out was toasted twice, with a celebration with the construction team, in addition to a soiree that took place on Sept. 9, 2026, at the development’s sales gallery.

Sales have reached the 50 percent mark and continue to see strong interest from European, South American, California and New York buyers. Mexico’s Banco Inbursa, owned by billionaire Carlos Slim, provided a $90 million construction loan in September 2025.

Rilea Group is also developing Mohawk at Wynwood, a 12-story, 300-unit multifamily development with approximately 29,000 square feet of ground-floor retail located at 56 NE 29th St., adjacent to The Rider Residences.

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Oasis Hallandale Secures Full TCO for West Tower as Closings Get Underway

Oasis Hallandale has secured its full Temporary Certificate of Occupancy (TCO) for the West Tower, marking a defining milestone for one of the largest and most ambitious developments in Hallandale Beach, with residential closings now underway. With the tower now 85% sold, buyers have begun closing on their residences as Oasis Hallandale prepares to welcome its first residents.

Designed by internationally renowned architecture firm Arquitectonica, Oasis Hallandale is a 10-acre master-planned, mixed-use destination that has reshaped a key corridor of Hallandale Beach. The West Tower is nearing completion, while the East Tower has topped out and continues to advance toward final completion in 2027, marking the culmination of the project’s residential component.

“Securing the full TCO for the West Tower and beginning closings represents an important moment for Oasis Hallandale,” said Giuseppe Iadisernia, developer of Oasis Hallandale. “After years of planning and construction, we are now welcoming buyers into the next chapter of the community we envisioned. The strong response to the West Tower reinforces the demand for this type of development and the continued momentum behind Hallandale Beach.”

Located at 1000 E Hallandale Beach Blvd., Oasis Hallandale is the city’s first major mixed-use luxury development, integrating residential, retail, office, wellness and hospitality-inspired amenities within a walkable urban environment. The project has attracted buyers from Latin America, Europe, Canada and the Northeastern United States seeking new-construction opportunities in Broward County.

“Reaching full TCO for the West Tower is a proud moment and a testament to the extraordinary collaboration behind Oasis Hallandale,” said Maria Alejandra Fermin, President of MGM Construction Group. “A project of this magnitude is only possible through the dedication and expertise of many people, and we are deeply grateful to the ownership team, architects, engineers, consultants, subcontractors, trades, vendors, city officials and every partner and firm that has contributed to bringing this vision to life.”

Construction is led by MGM Construction Group, which brings extensive experience in large-scale residential and mixed-use projects across South Florida, including Seven Park Residences, NINE Hollywood and Deco Green in Lake Worth.

The two residential towers each rise 25 stories and feature 250 luxury residences ranging from approximately 900 to 4,750 square feet, with pricing from $750,000 to $5.02 million. Residences feature floor-to-ceiling glass, expansive balconies, open-concept layouts, imported Italian finishes and select two-story configurations with premium primary suites and oversized walk-in closets.

Residents across both towers will have access to a six-level, 70,000-square-foot amenity deck featuring resort-style pools, wellness and fitness facilities, coworking spaces, entertainment lounges and family recreation areas.

Beyond its residential offering, Oasis Hallandale is supported by an activated commercial ecosystem comprising 60,000 square feet of retail and dining and 35,000 square feet of office space across five low-rise buildings. Tenants include Hubble Bubble, KC Market, Oasis Fit, Oasis Dental, Delice Med Spa, Elve Luxury and Signor Sassi, reinforcing the development’s integrated live-work-play environment.

With closings underway at the West Tower and construction advancing at the East Tower, Oasis Hallandale is entering a new phase as its residential community comes to life. The milestone further establishes the development as a transformative addition to Hallandale Beach, bringing together luxury residences, retail, dining, office and wellness offerings within a vibrant, walkable destination.

Sales for Oasis Hallandale are exclusively led by ONE Sotheby’s International Realty.

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Newgard Group and Two Roads Development Mark Major Construction Milestone at One Brickell Riverfront With Installation of Architectural Crowns

The two residential towers rising at One Brickell Riverfront commemorated another landmark moment in their construction with the installation of architectural crowns atop both LOFTY Brickell at 44 stories and The Standard Residences, Brickell at 46 stories. With this milestone, both towers now reach their full architectural heights, and their distinctive silhouettes are beginning to redefine the Brickell skyline.

The crown is more than a finishing touch. It is the moment a tower stops resembling a construction site and starts looking like a landmark. The crowns of both towers serve a functional purpose while completing the bold visual statement that architect Arquitectonica envisioned from the very beginning.

Both towers are now visible throughout Brickell, Downtown Miami, and along the Miami River - permanent additions to one of the most dynamic skylines in the U.S.

“For buyers who first fell in love with the project through renderings, seeing the crowns in place marks the moment their dream becomes an undeniable reality,” said Harvey Hernandez, CEO of Newgard Group. “What started on paper is now a full-scale landmark, and we could not be prouder of the team that made it happen.”

“The crown milestone signals to the market, and our buyers, that the finish line is well within sight,” said Brad Meltzer, Partner and President of Two Roads Development. “One Brickell Riverfront is becoming exactly what we promised - a defining piece of Miami's riverfront and new standard for urban residential living.”

General contractor G.T. McDonald topped off the building in January 2026. Construction on both towers continues ahead of schedule, with delivery targeted for August 2027. The crown completion marks the transition into enhancing the building’s exterior aesthetics and interior finishing work across both buildings.

LOFTY Brickell is a 44-story tower featuring 362 fully furnished studios, one- and two-bedroom residences and penthouses, with interiors by INC. Its 40,000 square feet of amenities include a private marina, resort-style pool deck, fitness center, spa, cigar lounge and co-working spaces. New York City-based AVRA Estiatorio will bring its acclaimed Coastal Greek dining experience to LOFTY's ground floor, with waterfront views of the Miami River.

Just seven penthouse residences remain available, with prices ranging from $2.4 to $3.5 million. LOFTY’s flexible ownership model allows owners the ability to rent out their residences on their own terms. Cervera Real Estate is the exclusive sales and marketing partner.

The Standard Residences, Brickell rises 46 stories and offers 422 fully furnished studios, one- and two-bedroom residences with interiors by GOODRICH, priced from the mid $600,000s. Multi-level amenities include a rooftop pool, The Standard Club Lounge and Café, co-working spaces, a 10th-floor spa with Hammam, saunas and cold plunge, bowling alley and lounge, pet spa, screening room and signature dining. ONE Sotheby's International Realty is leading sales.

One Brickell Riverfront is located at 99 SW Seventh Street, along the northwest corner of Brickell City Centre. The project closed $513 million in construction financing in late 2025 - one of the largest residential construction loans in South Florida last year. An undisclosed private lender provided $370 million in senior financing while 3650 Capital originated a $143 million mezzanine loan.

Newgard Group and Two Roads Development formed their strategic partnership in November 2024 to transform one of Brickell's last undeveloped riverfront sites into a vibrant, integrated residential destination.

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Urban Network Capital Group, Meliá Hotels & Resorts and Concepto Capital Group Top Off Meliá Residences Miami

Urban Network Capital Group (UNCG), Meliá Hotels & Resorts, and Concepto Capital Group have topped-off Meliá Residences Miami, marking a major milestone in the development of the brand’s first hotel-branded residential concept in North America. The achievement coincided with strong sales momentum, further reinforcing the project’s appeal among both local and international buyers.

The structure reached its 8 story full height after weeks of steady vertical progress, reflecting disciplined execution and effective coordination among the development, design, and capital teams behind the project. Supported by a $30 million construction loan arranged by Concord Summit Capital and strengthened through the strategic involvement of Concepto Capital Group, the development continues advancing confidently into its next phases.

Meliá Residences Miami features 110 units, including studios, junior suites, and one-bedroom layouts. Owners will have the opportunity to maximize their returns by participating in a professionally managed hotel program. These fully furnished and decorated unit features an open-concept design that seamlessly combines the living and dining areas with a fully equipped kitchen, ideal for modern living.

The residences and common areas were designed by Adriana Hoyos Design Studio, internationally recognized for its contemporary, warm, and artisanal aesthetic. Their vision for Meliá Residences Miami incorporated natural materials, organic textures, and a Mediterranean-inspired palette that reflects Meliá’s hospitality identity, resulting in sophisticated, inviting, and highly functional spaces. Concepto Taller de Arquitectura, the architectural foundation behind Concepto Capital Group, was responsible for the design of the residential rooms.

Each residence was conceived as a turnkey home, fully finished and move-in ready, with curated furnishings and finishes selected to deliver an elevated and seamless living experience.

The project introduced a collection of wellness-driven amenities aligned with Meliá Hotels & Resorts’ global lifestyle approach, including wellness and relaxation spaces, fitness areas inspired by Mediterranean vitality, pools and outdoor terraces, social lounges, coworking areas, and hospitality-driven services designed to elevate the residential experience.

These amenities were crafted to offer a balanced and sophisticated lifestyle connected to Miami’s urban energy while supporting the growing demand for hospitality-oriented residential products.

Meliá Residences Miami represents the brand’s return to the city through a distinctive residential-hotel concept. The project blends Meliá’s Mediterranean heritage with the cosmopolitan vibrancy of Miami, creating a differentiated offering for buyers seeking design, hospitality, and lifestyle within one integrated development.

Born from more than 12 years of experience through Concepto Taller de Arquitectura, Concepto Capital Group has expanded beyond architecture into a broader real estate investment and development platform with a strong focus on the vacation rental and hospitality sectors. To date, the group has achieved more than $899 million in sellout value, over 2,110 units, $63 million in total equity, and more than 2 million square feet of gross area across its growing portfolio.

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Development Spotlight: PROFILE Exclusive Interview with Daniel de la Vega [Live on YouTube]

On Wednesday March 11, 2026, PROFILEmiami Co-Founder Demetri Demascus sat down with Daniel de la Vega, President & CEO of ONE Sotheby's International Realty, for a live PROFILE Development Spotlight live interview at the Oasis Hallandale sales gallery to celebrate the newly topped-off towers. The in-depth conversation centered on the evolution of new development sales and what’s next for one of the most dominant luxury real estate platforms on Florida’s East Coast.

Filmed at the sales center for Oasis Hallandale, this interview takes place during an exclusive broker event celebrating the project’s top-off—marking a major milestone for one of South Florida’s most anticipated mixed-use destinations.

Spanning approximately 10 acres in the heart of Hallandale Beach, Oasis Hallandale is a transformative live-work-play environment set to redefine the area with a dynamic blend of luxury residential towers, curated retail, Class A office space, hospitality-driven amenities, and thoughtfully designed public spaces. Positioned between Miami and Fort Lauderdale, the project is emerging as a new hub for both end-users and investors seeking lifestyle-driven development outside of the urban core.

From helping scale ONE Sotheby’s International Realty into a nearly $10 billion annual sales powerhouse, Daniel shares insights on:

• The evolution of development sales strategy in today’s market

• How brokerage platforms are driving sales velocity and absorption

• The importance of broker engagement and global reach

• The synergy between resale and new development

• How integrated services are creating stronger outcomes for developers and buyers

• The growth of Hallandale Beach and the Oasis Hallandale Development

The conversation also dives into the firm’s expanding development pipeline, Daniel’s leadership journey, and how ONE Sotheby’s continues to position itself at the forefront of South Florida’s rapidly evolving real estate landscape.

PROFILE Development Spotlight is an original interview series by PROFILEmiami that takes viewers inside South Florida’s most notable real estate projects, connecting directly with the developers, sales leaders, architects, and visionaries shaping the region’s skyline. Filmed on-site at active developments and sales galleries, each feature delivers a behind-the-scenes look at project positioning, design, sales strategy, and market insights—offering both industry professionals and investors a deeper understanding of what’s driving demand, absorption, and long-term value. Designed to amplify exposure, engage the broker community, and support sales momentum from launch through sell-out, Development Spotlight serves as a powerful platform at the intersection of media, marketing, and new development sales.

About Oasis Hallandale

One of the largest and most ambitious developments in Hallandale Beach, Oasis Hallandale is a new, transformative 10-acre mixed-use destination offering a multi-block district of residences, shops, restaurants, urban parks, and offices. Designed by Bernardo Fort-Brescia of Arquitectonica, Oasis Hallandale is a pedestrian-friendly city center to the city of Hallandale Beach located at 1000 E Hallandale Beach Blvd.

Oasis Hallandale will combine a live, work, and play lifestyle and community with boating, the nearby beaches, Gulfstream Park, the Hollywood Beach Boardwalk, Aventura Mall, Seminole Hard Rock Hotel & Casino, and the Fort Lauderdale-Hollywood International Airport all in one prime location.

The residential portion will be made up of 500 multifamily units in two 25-story residential towers. The West Tower is nearing completion with projected delivery in early 2026, while the East Tower is advancing toward full completion in 2027. Pricing for available units ranges from approximately 900 to 4,750 square feet, priced from $750,000 to $5.02 million. Homes feature floor-to-ceiling glass, expansive balconies, open-concept layouts, and imported Italian finishes.

Residents will have access to a six-level, 70,000-square-foot amenity deck, one of the most expansive in the submarket, featuring resort-style pools, wellness and fitness facilities, coworking spaces, entertainment lounges, and family recreation areas.

Unlike standalone residential towers, Oasis Hallandale is already anchored by a fully operational commercial district comprising 60,000 square feet of retail and dining and 35,000 square feet of office space across five buildings. Tenants including KC Market, Davinci Café, Oasis Fit, Oasis Dental, Delice Med Spa, and Elve Luxury are active on site, establishing a true live-work-play environment.

Images via Oasis Hallandale

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Oasis Hallandale Tops Out East Tower As Transformative 10-Acre Mixed-Use Destination Moves Closer to Completion

One of the largest and most ambitious developments in Hallandale Beach has reached a defining milestone. Oasis Hallandale has officially topped out its East Tower at 25 stories, marking the final vertical ascent of the city’s transformative 10-acre mixed-use destination.

“We envisioned Oasis as more than a residential project; it’s a new center of gravity for Hallandale Beach,” said Giuseppe Iadisernia, Developer of Oasis Hallandale. “The topping out of the East Tower marks the completion of the skyline vision we set out to deliver.”

Designed by internationally renowned firm Arquitectonica, the East Tower is the second and final residential tower within the Oasis master plan. Its completion represents the culmination of a multi-phase vision that has introduced residential, retail, office, and lifestyle components at a scale never before delivered in the city. The West Tower is nearing completion with projected delivery in early 2026, while the East Tower is advancing toward full completion in 2027.

MGM Construction Group is leading construction, bringing deep experience in South Florida luxury development, including Seven Park Residences, NINE Hollywood, and Deco Green in Lake Worth.

“Oasis Hallandale is a landmark undertaking for this city,” said Maria Alejendra Fermin, President of MGM Construction Group. “Topping out the East Tower marks the final chapter of the residential vision and reflects years of coordination, execution, and commitment to delivering at scale.”

The East Tower will offer 250 luxury residences ranging from approximately 900 to 4,750 square feet, priced from $750,000 to $5.02 million. Homes feature floor-to-ceiling glass, expansive balconies, open-concept layouts, and imported Italian finishes. Select residences include two-story designs, powder rooms, and oversized walk-in closets.

Residents will have access to a six-level, 70,000-square-foot amenity deck, one of the most expansive in the submarket, featuring resort-style pools, wellness and fitness facilities, coworking spaces, entertainment lounges, and family recreation areas.

Unlike standalone residential towers, Oasis Hallandale is already anchored by a fully operational commercial district comprising 60,000 square feet of retail and dining and 35,000 square feet of office space across five buildings. Tenants including KC Market, Davinci Café, Oasis Fit, Oasis Dental, Delice Med Spa, and Elve Luxury are active on site, establishing a true live-work-play environment.

Images via Oasis Hallandale

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Mast Capital and Starwood Celebrate Top Off of The Perigon Miami Beach

Mast Capital and Starwood celebrated the recent topping off milestone of The Perigon Miami Beach as the first new oceanfront residential tower in this cycle in Miami Beach to reach full height ahead of its anticipated occupancy in 2027.

With strong sales momentum, limited inventory remaining from $12.55 million, The Perigon Miami Beach is a 17-story ultra-luxury oceanfront condominium developed by Mast Capital in joint venture with a controlled affiliate of Starwood Capital Group. Designed by OMA, the firm founded by Pritzker Prize–winning architect Rem Koolhaas, the 72-residence tower features interiors by Tara Bernerd and gardens by Gustafson Porter + Bowman.

As the first Miami Beach residential project designed by internationally renowned architectural firm OMA, led by visionary architect Rem-Koolhaas, the diamond-shaped luxury condominium tower will feature 73 residences offering breathtaking beachfront views. Nestled along the tranquil stretch of sand between Indian Creek and the Atlantic Ocean, The Perigon is situated at 5333 Collins Avenue in Miami Beach’s prestigious Mid-Beach neighborhood. With expansive beachfront acreage, unparalleled exclusivity, and an emphasis on privacy, it presents a lifestyle experience that is both rare and highly coveted.

The ultra-luxury condominium offers approximately 40,000 square feet of thoughtfully designed indoor and outdoor amenities, curated to elevate every aspect of lifestyle. Highlights include a private oceanfront restaurant and private speakeasy conceptualized by Michelin-starred chef Shaun Hergatt, who will oversee the property’s exclusive food and beverage offerings. Additional amenities feature an oceanfront swimming pool with cabanas, a serene spa with sauna and treatment rooms, a private salon, a fully equipped fitness center with panoramic ocean views, a children’s playroom, a screening room, a wine room, guest suites, and a striking double-height lobby lounge. These spaces are brought to life by a dedicated lifestyle concierge and residential butler, ensuring an unparalleled level of service. Residents will also enjoy 24-hour security, valet, house car service, pool and beach service, in-residence dining and more, offering a seamless blend of luxury and convenience.

Images via TAMZ, Jason O’Rear, The Boundary and The Perigon

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Witkoff and PPG Development Top Off The Kobi Karp-Designed 'The Residences at Shell Bay'

Witkoff Group and PPG Development have surpassed major milestone for Shell Bay, a private, 150-acre enclave and one of the nation’s most ambitious private club and residential communities. The property’s premier 20-story condominium tower, The Residences at Shell Bay, has officially topped off. Reaching this benchmark is a significant step toward the tower’s completion and reinforces its position as the most amenitized new development in South Florida. G.T. McDonald Enterprises is serving as the general contractor for the project.

“What we’ve created at Shell Bay simply does not exist anywhere else in South Florida: a championship Greg Norman golf course, all four Grand Slam tennis surfaces, a private marina, world-class wellness and dining, all within a single 150-acre private community serviced by Auberge Collection,” said Alex Witkoff, CEO of Witkoff. “This offering would be extraordinarily difficult to replicate and positions Shell Bay as the definitive destination for luxury living in the Miami region.

With completion slated for 2027, The Residences at Shell Bay is situated at the heart of the region’s most exclusive golf and wellness destination and offers five-star service by the acclaimed hospitality group, Auberge Collection. The tower’s construction achievement builds excitement for its spacious 108 private residences, which will feature unprecedented views of the Intracoastal Waterway, the private 18-hole championship golf course by Greg Norman and the expansive surrounding gardens envisioned by the talented Nievera Williams Design. The news also follows a series of significant milestones demonstrating forward momentum for the project, including the recent closing of a $273 million construction loan from J.P. Morgan and BDT & MSD Partners.

“In a region known for luxury development, opportunities to live within a 150-acre private club are extremely limited,” said Ari Pearl, Founder and CEO of PPG Development. “Shell Bay combines a 20-story residential tower with championship golf, a world-class racquet program, marina access and more, all within a members-only private club. Completing vertical construction is a significant step toward bringing that vision to market.”

As demand for highly amenitized, resort-style living strengthens in the market, The Residences at Shell Bay stands apart as the leading destination prioritizing privacy, wellness, and seamless access to best-in-class lifestyle experiences—all within a single, thoughtfully curated setting. Shell Bay will set a new standard for luxury living in South Florida, representing a once-in-a-generation opportunity for buyers.

With architecture by award-winning firm Kobi Karp Architects, The Residences at Shell Bay comprise a limited collection of one- to four-bedroom homes, each defined by generous floor plans, wraparound terraces, and a seamless connection to the outdoors. Residential interiors by AvroKO, the visionaries behind projects such as 1 Hotel Central Park and The Ritz-Carlton New York, NoMad, introduce a refined yet relaxed residential sensibility, pairing bespoke detailing with a sophisticated, livable approach to luxury.

The residential lifestyle is anchored by Shell Bay Club, an exclusive enclave widely regarded as an athlete’s haven that has led the shift in the luxury market toward club-centric living. The club integrates professional-grade training, recovery and rehabilitation services along with an 18-hole championship golf course, a 12-acre practice facility with a nine-hole Par 3 course, and a Racquet Club featuring all four Grand Slam tennis surfaces, along with pickleball and padel courts. The community also includes a private 48-slip marina with direct access to the Intracoastal Waterway, a members’ clubhouse with an indoor-outdoor wellness spa, elevated event spaces, and multiple dining venues.

Additionally, residents will enjoy a dedicated collection of private building amenities, thoughtfully curated to complement the broader club offering. Highlights include a world-class culinary program, resort-style pools, a full-service medical day spa, and a comprehensive wellness and fitness experience designed to support everyday living at the highest level.

Sales and marketing for the project is handled exclusively by Douglas Elliman Development Marketing, with prices starting at $2 million.

Images via World Red Eye | Renderings via MARCH

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Related Group and Dezer Development Top Off Rosewood Residences Hillsboro Beach

Leading real estate developers Related Group (Related) and Dezer Development have completed vertical construction at the Rosewood Residences Hillsboro Beach, marking a major milestone for one of South Florida’s most exclusive new address and the first-ever hospitality-branded condominium in the area.

Set on 12 acres of untouched coastline between the Intracoastal Waterway and the Atlantic Ocean, the boutique property offers just 92 ultra-luxury waterfront homes, combining the timeless elegance of the Rosewood brand with effortless oceanfront living. Coastal Construction is serving as the general contractor, with full completion on track for early 2027.

“With vertical construction now complete, we’re entering the final chapter of what promises to be one of South Florida’s most exceptional residential offerings,” said Nick Pérez, President of Related Group’s Condominium Division. “Hillsboro Beach is one of those rare, special places. It’s the perfect setting for what we believe will be a one-of-a-kind living experience.”

Rosewood Residences Hillsboro Beach offers a bespoke dual-waterfront lifestyle with seamless access to the region’s top cultural and social destinations. The property’s design, inspired by the area’s natural beauty, pairs modern architecture with classic sophistication, featuring work by the renowned Arquitectonica and interiors by the celebrated Dutch design firm, Studio Piet Boon.

The coastal residences range from 2,800 to 6,400 square feet and boast expansive layouts with sweeping waterfront vistas. Each home gracefully merges indoor and outdoor living, creating an ideal setting for both entertaining or sun-soaked relaxation. Curving terraces, open-air kitchens and floor-to-ceiling windows flood interiors with an abundance of light, while natural materials and soft palettes create a connection to the surrounding landscape.

“Situated just south of Boca Raton, Hillsboro Beach is experiencing one of its most active development periods to date – offering a thriving mix of South Florida’s finest restaurants, shopping, arts and culture,” said Gil Dezer, President of Dezer Development. “With the area’s growing prominence and strong buyer enthusiasm, we’re proud to celebrate this distinctive development’s landmark milestone.”

An extensive collection of five-star amenities managed directly by the Rosewood team is woven into daily life. The indoor-outdoor wellness center, flooded with natural light, features a private his-and-hers spa with saunas, a Hammam, hydro and cold plunge pools, a salon and two state-of-the-art fitness centers. Tennis, paddle tennis, pickleball and Bocce courts, paired with a fully equipped pro shop, invite residents to stay active and enjoy matches with friends and family.

Resort-style oceanfront and sunset pools anchor the waterfront experience, complemented by direct access to a dedicated beach with attended lounge chairs, umbrellas and full food and beverage service, as well as a private marina with 14 vessel slips. An array of refined dining experiences – including an upscale oceanfront dining amenity, a cocktail bar, breakfast bar and creamery – will be guided by a soon-to-be-announced celebrity chef, further enhancing the elevated lifestyle reserved for residents. An imaginative game room, multi-sport simulator and fully appointed guest suites extend the experience, allowing residents to entertain effortlessly.

Signature Rosewood concierge services round out the offering, with residential butler and on-site lifestyle concierge support, 24-hour security and valet, a house car and in-residence dining and catering. Home management services, including floral arrangements and pantry stocking, ensure every detail is taken care of, allowing residents to fully embrace the Rosewood way of life.

“We are honored to collaborate with Related Group and Dezer Development once again to reach this important topping out milestone,” said Tom C. Murphy, Co-President of Coastal Construction Group. “We look forward to delivering a building that upholds the superior standards shared by Coastal, Related Group and Dezer Development as the project continues.”

Pricing for the available homes at Rosewood Residences Hillsboro Beach begins at $5.95 million.

Renderings via VanDerPas, Construction images via Related Group

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