Baccarat Residences Miami Crystalizes True Potential of Brickell Skyline

Miami's Brickell neighborhood, dubbed in the early 1900s as Miami’s Millionaire’s Row, evolved to become a banking center headquarters in the 1980s and has transformed once again into an effervescent hub of luxury shopping, culinary excellence and opulent living. Now known as the “Manhattan of the South,” Brickell is both the city’s most exciting community and a premier hub for international finance in the United States.

This transformation happened in a matter of years, with an overall population growth of over 50% since 2000. While many point to the pandemic-era migration as the main catalyst for this rapid growth, the entrance of world-class lifestyle destinations, such as Brickell City Centre, and an influx of exclusive luxury properties such as Baccarat Residences Miami, have steadily positioned the neighborhood as one of the most desirable in all of South Florida. 

In addition to ample lifestyle options, the area’s density and proximity to public transit have also made it one of the state’s most walkable communities, with easy access to the Metromover, the newly inaugurated Underline, and a network of pedestrian and cycling paths. This has led to the area being recognized as the best place to live in Miami for the second year straight. 

The transformation of Brickell has made national headlines, with leading publications like Forbes and the Wall Street Journal reporting on the unprecedented residential demand. At the same time, social channels are flooded with images of residents and visitors alike who have become a grassroots marketing force for the community.  

“Brickell residents live surrounded by striking art, a diverse array of world-class dining experiences, and Florida’s finest retail shopping,” said Jon Paul Pérez, President of leading developer Related Group. “It’s proof that neighborhoods really can change from being purely office-driven to true live-work-play communities.” 

Brickell’s momentum shows no signs of slowing. Transplants continue to arrive from around the world driving residential demand to an all-time high. Data from the Miami Association of Realtors and the National Association of Realtors reveals that, from August 2020 to July 2021, foreign buyers purchased $5.1 billion worth of residential properties in South Florida. 

Developers are meeting this increased demand with several new marquee projects such as the ultraluxe Baccarat Residences Miami. The result of a partnership with legendary French crystal maker Baccarat, the renowned Related Group and visionary SH Hotels & Resorts, the 75-story high-rise will sit at the gateway to Brickell, on one of the last remaining waterfront sites where the Miami River meets Biscayne Bay. 

“Our buyers are more discerning than ever,” added Pérez. “With this in mind, we’ve taken out all of the stops and really focused on making Baccarat Residences Miami, and our new generation of condominiums, the most luxurious we’ve ever built.” 

Crafted by the world’s preeminent architects and designers – including Arquitectonica, Meyer Davis and Enzo Enea – the property will feature 318 tower residences, eight penthouses and an exclusive selection of 28 riverfront flats and duplexes. All homes offer spectacular views and expansive interiors expertly crafted to feel luxurious yet supremely comfortable. Residents will enjoy a host of five-star amenities throughout five levels of the tower expertly managed by SH Hotels & Resorts, and brilliantly executed to include stunning social areas and clubrooms, wine cellar, screening room, billiards, Anatomy fitness center, La Mer hammam spa, elevated pool deck and pool side café, riverside restaurant, residents’ yacht, and the 39th level Baccarat Lounge. The on-site property offerings are complemented with the Beach Club membership to the 1 Hotel South Beach, SH Hotels & Resorts sister property.   

“Our entire team, and family, couldn't be more pleased with the way this neighborhood has evolved,” said Pérez. “The best part is it’s still just beginning. When these projects are all done and people are living here full-time, we’ll see Brickell’s personality continue to grow and evolve. It’s incredibly exciting.” 

For more information about the property, please visit: www.BaccaratResidencesMiami.com.

Related Group and Integra Investments Reveal New Renderings For The St. Regis Residences, Miami

Related Group and Integra Investments have revealed new renderings for The St. Regis Residences, Miami, a two tower condominium located at 1809 Brickell Ave. which is set to redefine Miami’s skyline. The St. Regis Residences, Miami is designed by Robert A.M Stern Architects (RAMSA) and Rockwell Group, who are spearheading architecture and interiors, respectively. The development will offer 354 bespoke residences set across both towers will offer an equally sophisticated experience. Homes will range from a 1,300 SF one-bedroom to a 7,000 SF duplex, with prices starting at $2,000,000. The project has a sell-out expected to exceed $2 billion.

The St. Regis Residences, Brickell 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.

The sales gallery for The St. Regis Residences, Miami is expected to open early next year. Reservations began in January, with official sales slated to begin early 2022. 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:

Cipriani and Mast Capital Launch Cipriani Residences Miami In Brickell

Cipriani and Mast Capital have launched Cipriani Residences Miami, located at 1420 S Miami Ave. in Miami’s Brickell Financial District. Cipriani Residences Miami will evoke the essence of the Cipriani brand, recognized for its distinguished style, world class service and four generations of history. Cipriani Residences Miami will rise 80-stories and is the Cipriani brands first ever ground-up Cipriani residences. The Arquitectonica-designed tower will feature 397 residences which will range from one-to-four bedroom floor plans.

Cipriani Residences Miami will feature resort-style amenities including 2 swimming pools, a sun terrace, fitness center, spa, pickleball court, golf simulator and a variety of round-the-clock Cipriani Cipriani dining services including a Cipriani bar and private dining rooms.

Sales and marketing is overseen exclusively by Fortune Development Sales.

Renderings via Mast Capital and The Boundary

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

One of The Last Vacant Development Parcels In Brickell Sells For $7 Million

One of the last development parcels in Brickell has sold for $7 million with plans for an approved and permitted 60 unit condo or apartment project. Oak Capital, led by Ricardo Dunin, acquired the 19,850 SF, .46 acre lot which is located at 1621 SW 2nd Ave. in West Brickell, just a few blocks away from Brickell City Centre, SLS Hotel, Echo Brickell, Mary Brickell Village, and Brickell Bay Boardwalk. The shovel-ready 60 unit project would rise 9-stories and the location of site and T6-8-0 zoning allows for short-term rentals. The transaction closed on February 1, 2022 and was overseen by FA Commercial’s Fabio and Sebastian Faerman who represented both the buyer and seller. FA Commercial represented the current seller, Carlos Pineda, in the original purchase of this site for $2.7 million to disposition selling the site for $7 million with approved potential for development.

Images via FA Commercial

Newgard Development Group's Home-Sharing Tower LOFTY Brickell Now 50% Reserved

Newgard Development Group’s LOFTY Brickelll which offers a flexible home-sharing condo ownership concept has hit 50% sold. The developer plans to open the sales lounge in mid-February. LOFTY Brickell will deliver fully finished and furnished turn-key, residences purposefully designed and licensed to be lived and shared via short-term rentals. LOFTY Brickell will rise 44-stories and is located on the Brickell Riverfront. The tower is expected to break ground Q4 of this year.

“Buyer’s desire for new ways to own and use real estate assets, paired with favorable locations and economics, are nurturing investment growth in our properties,” says Harvey Hernandez, CEO of Newgard Development Group. “We recognize we’re in a state of tremendous transition and increasing numbers of people are discovering they can live and work from anywhere. LOFTY was created for buyers seeking for a modern way to own, live and monetize luxury real estate.

LOFTY features studio, one- and two-bedroom units alongside 40,000 square feet of thoughtfully curated amenities, including a private marina, waterfront dining, members-only social club, resort pool deck and fitness center, indoor/outdoor cigar lounge, co-working lounge and meeting rooms. Interiors are designed by NY-based INC, architecture by Arquitectonica and landscaping by Urban Robot Associates.

“We are witnessing an incredible transition in how people are choosing to live their lives,” said Alicia Cervera Jr. Managing Partner of Cervera. “Buyers want more than a beautiful place to live in, they’re seeking hotel-like amenities with the flexibility and mobility of a local experience, which translates to LOFTY’s initial success of being 50% reserved in just a few months.”

Prices for studios start at $493,000, one bedrooms from $660,000, and two-bedrooms from $794,000. Sales and marketing for LOFTY Brickell are exclusively overseen by Cervera Real Estate.

CI Financial Expands Office Lease At 830 Brickell Which Now Rises Above The Brickell Skyline

Canadian asset and wealth management firm CI Financial Corp has doubled the size of its planned office space at 830 Brickell, a Class A-plus office tower under construction in the heart of Miami’s Brickell Financial District. Just months after signing a 20,000 square-foot lease that will house the firm’s U.S. headquarters, CI Financial has expanded with an additional floor. The new office will total approximately 40,000 square feet. The firm’s expansion further solidifies 830 Brickell as the address of choice for financial, professional services, and global firms looking to establish or grow their presence in South Florida. The 55-story tower, which is being developed by a joint venture between OKO Group and Cain International, is slated for completion later this year.

CI Financial will join other notable tenants at 830 Brickell including private equity firm Thoma Bravo, which recently announced plans for a 36,500 square foot office in the tower, and global tech company Microsoft, which signed a 50,000 square foot lease for its Latin American regional headquarters.

“830 Brickell already enjoys a reputation as Miami’s most desirable and best located trophy office tower, and CI Financial’s commitment to expand its space at the building reinforces the confidence we’ve seen from high-end office users and global businesses seeking a location in South Florida,” said Vlad Doronin, Chairman and CEO of OKO Group. “Our team has drawn from our collective experience in the luxury hospitality industry to bring five-star-hotel-inspired features, amenities and services to 830 Brickell that have lured top-tier companies looking for a best-in-class, urban setting in Brickell’s prestigious financial district.”

"With its unparalleled workplace experience, prime location and trophy stature, 830 Brickell continues to reaffirm its position as the preeminent office building in the South Florida market. Its success reinforces our global investment thesis of combining hospitality, amenities, services and experience to create the best destinations in the world," said Jonathan Goldstein, Co-Founder and CEO of Cain International. "We remain extremely confident in Miami’s future and the role that premium office assets will play in its expansion into a global gateway city."

830 Brickell’s ownership was represented by the Cushman & Wakefield team of Brian Gale, Ryan Holtzman and Andrew Trench. CI Financial was represented by Donna Abood and Mark Robbins of Avison Young.

“Boasting the newest standards in building design and finishes in South Florida, 830 Brickell continues to attract the highest quality tenants,” said Brian Gale, Vice Chairman at Cushman & Wakefield, who oversees leasing for the project. “830 Brickell’s ownership team’s financial strength and commitment to the asset have been key factors for these types of savvy tenants. 830 Brickell has signed over 150,000 square feet of leases in the last six months, and we look forward to announcing additional tenants soon, as we continue to lease up the building.”

830 Brickell was designed by renowned architecture firm Adrian Smith + Gordon Gill, with interiors by Italian architecture and design company Iosa Ghini Associati. The building’s design incorporates top-of-the-line wellness features and technologies, including ultraviolet technology in air filtration, ventilation, and water purification systems, as well as touch-free fixtures and contactless entry/exit points.

The tower’s amenities will include a rooftop bar/lounge with a five-star restaurant showcasing expansive views of the City and Biscayne Bay, a world-class health and wellness center, a conference facility, an outdoor terrace, cafeìs and street-level retail. Multiple transit options are nearby, including Metrorail and Metromover, the Brightline, walking paths, cycling lanes and bay access points. Additionally, some of Miami’s top residential and lifestyle-driven neighborhoods are situated just minutes away, such as Miami’s Design District, Wynwood, Edgewater and Miami Beach.

Cantina La Veinte Space In Icon Brickell Trades For $18.8 Million In Off Market NNN Deal

The waterfront retail condo in Icon Brickell that is home to hotspot Mexican restaurant Cantina La Veinte, or Cantina La 20, has sold for $18.8 million. The tenant will remain in place with a brand-new 15-year lease, with 2 and 5-year renewal options. The two story retail condo spans 11,176 SF and is located on the Brickell Baywalk. Fabio and Sebastian Faerman of FA Commercial represented both the buyer and the seller in the off market NNN transaction.

The transaction brings the property full circle for FA Commercial as they initially represented the current seller when they first acquired the property pre-construction. FA Commercial later leased the property to Cantina La Veinte, then sold the retail condo with the tenant in place and now has sold retail property once again.

Icon Brickell is a waterfront 3-tower complex situated in the financial district of Miami which is also home to the W Miami Hotel and Cipriani Downtown Miami. Icon Brickell is located on the Brickell Baywalk and is a few blocks from Mary Brickell Village. Cantina La Veinte is located in Tower 2 at 495 Brickell Ave.

Images via FA Commercial

Mast Capital Acquires Prime 2.8-Acre Site In Brickell To Develop 3-Tower Luxury Mixed-Use Project

Miami-based developer Mast Capital closed on the 2.8-acre site located at 1420 S Miami Ave for $103 million. The site is located on the southern edge of the Brickell Central Business District market and represents one of the last remaining raw parcels of land available to build a high-rise development of scale in the area. Mast Capital partnered with private equity real estate firm Rockpoint for acquisition of the multifamily component, the third joint venture between the two firms in 2021.

Mast Capital submitted site plans for a master-development totaling 2.6 million square feet across three residential towers, including an 80-story luxury condominium tower with 400 residences, and two multifamily towers, 50 stories and 60 stories each, with a combined 850 luxury apartments. The condominium tower will be affiliated with a luxury lifestyle brand with plans to provide resort-style amenities, including food and beverage services exclusively for resident use. The development will also include 1,650 parking spaces and ground-floor retail on South Miami Ave.

The site has been highly anticipated and coveted for development dating back 15 years. In the mid-2000s, the site was planned as “Capital at Brickell”, a two-tower project consisting of residential, office, hotel, and retail uses. Foundation work began in 2007, but the project was abandoned during the Great Recession. In 2014, a China-based corporation acquired the site and received plan approvals for a project that included two towers spanning 75- and 73-stories. However, this development was also shelved after years of uncertainty regarding the future of the project. Mast Capital and the seller agreed to an off-market purchase of the site earlier this year.

“We are excited by the potential to create a thoughtful, iconic project that will define and anchor south Brickell. This project will transform the character of the neighborhood and it is a great privilege to be given this rare opportunity,” said Camilo Miguel, Jr., CEO and founder of Mast Capital. “We believe Brickell will continue to outperform from the ongoing demographic shift. Our vision is to offer a differentiated product that stands out from the current offerings and appeals to a wide variety of residents.”

Brickell has achieved robust rent growth and outpaced the market at large in 2021. Since Q1 2021, rents for condos built in Brickell over the last five years increased over 30% on the back of strong in-migration to Miami. While the influx of new residents to the area seeking a cosmopolitan lifestyle, warm weather, and favorable tax environment is not new, this trend has dramatically accelerated since mid-2020.

”While South Florida was seeing strong growth prior to the pandemic, it became evident to us early on that the pandemic would result in further tailwinds for South Florida. We worked hard to identify attractive investment opportunities and as a result have had a very active 18 months. The closing of the Brickell site is the culmination of a very exciting 2021 for Mast Capital,” added Camilo Miguel, Jr.

Related Group, Integra Investments Announce The St. Regis Residences, Miami, Ushering In New Golden Age For South Florida

A partnership between Related Group and Integra Investments have announced plans for The St. Regis Residences, Miami, an uncompromising new condominium set to redefine Miami’s skyline. 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. Homes will range from a 1,300 sf one-bedroom to a 7,000 sf duplex, with prices starting at $2,000,000. The project has a sell-out expected to exceed $2 billion.

“Miami is truly coming into its own and Brickell is at its epicenter,” says Jon Paul Pérez, President at Related. “Much like the first St. Regis hotel solidified New York City as the global hub for culture, commerce and society 100+ years ago, our plans for this property cement Brickell as an international metropolis for a new era of connoisseurs.”

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.

“Miami has reached a new level of prestige, solidifying its position as one of the world’s most desirable places to live, work and play,” said Nelson Stabile, Principal at Integra. “Given the insatiable demand for top-tier residential product, we feel the market is ready for a bespoke building of this caliber—a masterpiece with an elevated lifestyle experience that only the iconic St. Regis brand can deliver. We are sparing no expense to make this the definitive Miami address.”

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. Reservations will begin in January, with official sales slated to begin early 2022. 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:

The St. Regis Residences, Miami is 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.

JDS Development Completes Phase 1 Of Site Work At 1 Southside Park in Brickell

JDS Development Group, led by Michael Stern, has completed the first phase of site work at 1 Southside Park, a new world-class mixed-use luxury tower in the heart of Brickell. The developer has completed soil mixing on a portion of the site and has moved onto soil mixing at another site on the assemblage. They have also completed a temporary parking lot and the tower is now fully permitted. When complete the tower will rise 64-stories, 773’.

1 Southside Park designed by SHoP Architects, ODP Architecture and Design as well as James Corner Field Operations. The mixed-use project is a redevelopment of an existing fire station at 1105-1133 SW 2nd Ave. 1 Southside Park will rise 64-stories and span 2.48 million square feet of total development. The project will feature 1,195 multifamily units, 200 hotel rooms, 5,120 square feet of event space, 165,000 square feet of office, 99,824 square feet of health and wellness, 23,312 square feet of restaurant space, a 1,417 square foot fast food restaurant space, 1,000 parking spaces and a 32,000 square foot fire station. In exchange for increased development the density of the project, JDS Development will pay for improvements to Southside Park as well as included the new fire station in the project.

The residential units will be operated as apartment rentals and Barry Sternlicht’s Treehouse Hotels will operate the hotel component which will be known as Treehouse Brickell. The hotel component is being designed in collaboration with Rockwell Group with a focus on sustainability by implementing a wide range of energy, water, and environmental design strategies. Treehouse Brickell will minimize the hotel's environmental impact and provide a lower carbon footprint aided by features such as rainwater harvesting and reuse, low-carbon energy materials, electric-car-recharging stations, and bike parking. 1 Southside Park is expected to be completed in 2025.