Prosper Group and Versluys Group Close On Brickell Waterfront Land Assemblage For $50 Million, Set To Move Forward With $650 Million Luxury Development

A joint venture between Miami-based development company Prosper Group, led by CEO Jay Roberts, and Belgium’s Versluys Group, one of Europe’s leading luxury property developers, led by CEO Bart Versluys, have closed on a three-parcel assemblage for $50 million. Miami-based Vaster provided a $30.5 million acquisition loan.

The assemblage is located at 66 SW 6th Street, 625 SW 1st Avenue, and includes a riverfront parcel that was previous part of 99 SW 7th Street that has yet to be assigned an address. The one-acre assemblage will pave the way for an upcoming ultra-luxury $650 million waterfront residential tower on the Miami River in Brickell. The off-market site was acquired from Two Roads Development and Newgard Development Group.

The closing follows Prosper Group's partnership announcement with Versluys Group to deliver a $650 million, 60-story tower, which will feature 181 residences and more than 300 feet of direct river frontage.

“We are one step closer to bringing our vision for this development to fruition,” said Jay Roberts, CEO of Prosper Group. “With their deep local roots in Miami and exceptional agility, Vaster proved to be the ideal partner, ensuring a completely seamless execution for this transaction. Prosper Group and Versluys Group look forward to unveiling more about our project on one of the last waterfront sites in Brickell, Miami’s financial district and urban core."

“This closing marks a defining milestone for Versluys Group as we bring our European heritage of craftsmanship to Miami's waterfront," said Bart Versluys, CEO of Versluys Group. "For over a century, we have shaped the Belgian and Dutch coastline with architecture built for generations and we bring that same discipline to the Miami River. Alongside Prosper Group, we will craft world-class residences that embody a unique combination of American ambition and vision with European finesse and style."

Situated directly on the Miami River, the development will offer immediate access to Brickell’s urban core, including the dining, retail, and entertainment at Brickell City Centre. Waterfront access will provide direct connectivity to Biscayne Bay and Miami’s broader boating network, while proximity to I-95, Miami International Airport, and Brightline will connect residents to destinations across South Florida and beyond.

Images via Prosper Group and Versluys Group

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Inside The 2nd Annual PROFILEmiami Spec Home & Ultra Luxury Real Estate Summit 2025

The 2nd Annual PROFILEmiami Spec Home & Ultra-Luxury Real Estate Summit, held last week at the state-of-the-art Lighting Loft in Midtown Miami in partnership with LUC Electric and Tidelli, was a resounding success—bringing together more than 150 of South Florida’s most influential developers, financiers, brokers, architects, designers, and luxury service providers for an evening defined by insight, connection, and elevated dialogue.

Guests consistently praised the exceptionally high caliber of attendees, noting the Summit’s unique ability to foster meaningful, long-term business relationships across every facet of the ultra-luxury and spec home ecosystem. With representation spanning Miami, Fort Lauderdale, and Palm Beach, the event reinforced PROFILEmiami’s position as a leading platform for convening the decision-makers shaping South Florida’s most prestigious residential market.

The evening featured two powerhouse panels that explored both the creative and commercial forces driving today’s ultra-luxury homes. The Design & Development Panel placed a strong emphasis on wellness-driven living, advanced smart home technology, and privacy-focused design, underscoring how health, performance, security, and discretion have become non-negotiable pillars of high-end residential demand. Panelists discussed everything from clean-air and wellness systems to lighting, automation, and security solutions that enhance both lifestyle and long-term value.

The State of the Market Panel delivered a forward-looking perspective on the region’s luxury real estate landscape, with speakers expressing clear optimism in the continued growth and resilience of South Florida’s market. Panelists cited sustained buyer demand, demographic and wealth migration trends, and the region’s expanding global appeal as key drivers supporting the ongoing strength of the spec home and ultra-luxury sector.

Insights were shared by some of the industry’s most respected voices, including top-producing brokers Jordan Karp of JK Real Estate and Lourdes Alatriste of Douglas Elliman—both ranked among Miami’s Top 20 producers by sales volume in 2025—alongside architect Ralph Choeff of Choeff Levy Fischman; spec home financier Zack Simkins of Vaster Capital; developers Pascal Nicolai of Sabal Development, Jose Boschetti Jr. of Boschetti Group, and Kirk Ivy of IVEY Punch / IVEY Design Build; developer and interior designer Kathy Samaan of Samaan Design Group; and smart home leader Ross Samanchuk of LUC Electric. Together, the panelists offered candid insights into pricing dynamics, development strategy, design evolution, and what defines success at the highest end of the market.

Complementing the panels, the Ultra-Luxury Real Estate Showcase brought together the top brands and service providers powering South Florida’s most exceptional homes, allowing attendees to experience firsthand the craftsmanship, innovation, and technology behind today’s premier residential projects. The evening featured PROFILEmiami’s signature cocktail networking soirée powered by Cala Bennati wine, creating an environment intentionally designed for high-level, bespoke networking. The event was followed by a private VIP Dinner for the panelists hosted at the Tidelli Outdoor Living Miami furniture showroom by Tidelli Miami and LUC Electric.

The 2nd Annual Summit builds on PROFILEmiami’s legacy of hosting industry-leading real estate events that combine education, insight, and curated connection. As South Florida’s ultra-luxury market continues to evolve, the Spec Home & Ultra-Luxury Real Estate Summit remains a defining forum for the leaders shaping the region’s most remarkable homes—celebrating the artistry, ambition, and collaboration that drive the market forward.

Please check out our sponsors LUC Electric for smart home and lighting design, Tidelli Outdoor Living furniture, Vaster Capital mortgages and lending, Ero Lighting lighting design, Samaan Design Group interior design, IVY Punch for buyer inspection and punch list expertise, The Lighting Loft lighting showroom, Modern Stones marble and stone, CPS Outdoors pool systems and Cala Bennati Wines.

VIP Dinner at Tidelli Miami

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