FIRST ON PROFILE: PMG Reveals One Twenty Brickell Residences Luxury Condo

Real estate development firm PMG has revealed One Twenty Brickell Residences, a luxurious 34-story residential tower set to rise in the heart of Brickell. Located at 120 S.W. 8th Street, One Twenty Brickell Residences will consist of 240 fully finished and furnished residences, each delivered with a first-of-their-kind deeded office suite per residence.

Real estate development firm PMG has revealed One Twenty Brickell Residences, a luxurious 34-story residential tower set to rise in the heart of Brickell. Located at 120 S.W. 8th Street, One Twenty Brickell Residences will consist of 240 fully finished and furnished residences, each delivered with a first-of-their-kind deeded office suite per residence, as well as over 60,000 square feet of exclusive amenities. PMG Residential is leading sales for the project, which will commence the week of April 15th.  

“Brickell is one of the most vibrant and rapidly evolving neighborhoods in Miami, placing those who choose to call it home within walking distance of world-class institutions, restaurants, and brands at every turn,” said Ryan Shear, managing partner at PMG. “One Twenty Brickell Residences is a very unique yet fitting offering for the area in that it not only offers residents a flexible residential setting, but also answers the growing demand for Class-A office space and personal workspaces with each unit receiving its own deeded office space.”  

Unique to One Twenty Brickell Residences are its collection of first-of-their-kind dedicated office suites, deeded individually to residents upon their purchase of a condo unit. Each glass-paneled private office boasts a range of features to make working convenient for residents including locking access, a desk and chair, two guest chairs, a wallpaper accent wall, and complimentary Wi-Fi. The office space also comes equipped with complimentary concierge secretary service, private office elevators, a reception area, and a coffee station. A reservable conference room is available with an eight-person capacity conference table, a 72-inch smart TV with a mounted camera, a conference phone, and complimentary Wi-Fi.  

Designed by internationally renowned architecture firm Sieger Suarez Architects, with interiors by Cotofana Designs, One Twenty Brickell Residences will exhibit an exceptional caliber of design and exclusivity across its selection of studio- to three-bedroom apartments, ranging from 451 to 1,395 square feet. Each residence will include fully-integrated kitchens with custom countertops, backsplashes, a contemporary under-mount sink, and a curated high-end appliance package, imported and custom kitchen and bathroom cabinetry by Italkraft, WaterWorks bathroom fixtures, glass-enclosed showers, fully built-out closets in the primary bedrooms, designer polymer wood flooring, flooring selections included with specifications recommended by Cotofana Designs, a contemporary lighting package, and a built in top-of-the-line washer and dryer. Residences also will offer an unprecedented level of efficiency through PMG’s smart home technology experience for seamless personalization with the touch of a button. 

Over 60,000 square feet of amenities at One Twenty Brickell Residences are dedicated to serving as an extension of the home, delivering remarkable services and social experiences to residents both indoors and outdoors. Amenities include a pickleball court with courtside seating, a kid’s club and gym, a sky bar and lounge, a cafe and juice bar, an infinity-edge pool with sunset views, and a dog run. Additionally, the One Twenty Brickell Residences Wellness & Fitness center is thoughtfully designed to assist residents in caring for their wellbeing. The wellness and fitness center includes steam, sauna, and treatment rooms, a relaxation area with outdoor terraces, a state-of-the-art fitness studio with the latest high-tech equipment, a movement studio, and a yoga lawn. Personalized services, including a building and wellness concierge, fully centralized management of the property, and smart-building technology will enable residents to truly make the most of every moment. Additionally, residents will be surrounded by beauty and color as they live, work, and play in their new homes thanks to a curated collection of custom art installations throughout the property.

With its central location in Brickell, One Twenty Brickell Residences will place residents in the center of a neighborhood teeming with Michelin Star restaurants, family-friendly attractions, and the best in luxury retail. They will be within walking distance to community attractions such as Brickell City Centre, Mary Brickell Village, and multiple means of transport connecting them to Downtown Miami, South Beach, and beyond.

With more than 32 years of experience and a nationwide presence in luxury residential development, PMG has delivered more than $11 billion in assets with impeccable attention to execution and detail. Notable current condominium projects from by PMG include 111 West 57th Street in New York City; E11EVEN Hotel & Residences & E11EVEN Residences Beyond, West Eleventh Residences, Waldorf Astoria Hotel & Residences and The Elser Hotel & Residences in Miami; as well as One Park Sarasota on Florida’s west coast. 

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Domus Brickell Park Now Over 50% Sold As Developer Converts Reservations to Contracts

Domus Brickell Park has converted reservations to contracts, with over 50% of the 171 residential units sold, including its sole commercial space. The project is being developed by North Development, a strategic joint-venture between experienced Miami developer Ricardo Dunin’s Oak Capital and Edifica, one of the largest developers and builders in Peru.

Domus Brickell Park has converted reservations to contracts, with over 50% of the 171 residential units sold, including its sole commercial space. The project is being developed by North Development, a strategic joint-venture between experienced Miami developer Ricardo Dunin’s Oak Capital and Edifica, one of the largest developers and builders in Peru. Sales of Domus Brickell Park, which launched less than a year ago, now total more than $55 million, with the first commissions to realtors fully paid and the project’s groundbreaking slated for the end of Q1.

Located at 1611 SW 2nd Avenue, in Miami’s Brickell Financial District, Domus Brickell Park is the first offering within the developer’s Domus FLATS (Flexible Apartments for Temporary Stays) portfolio. Delivery is on track for the 2025 winter season, with remaining available units ranging from the $500,000’s to $1.2 million, and from 330 square feet to 947 square feet.

“This is a major milestone – a defining moment punctuated by tremendous marketplace demand,” said Dunin, Founding Partner of North Development. “We have taken our collective decades of experience in high-touch hospitality and exclusive branded condominium residences to reimagine the outdated condo-hotel concept through this new and innovative form. The subsequent interest has been overwhelming, as evidenced by these results.”

Designed by Zyskovich Architects, the 12-story Domus Brickell Park comprises 171 fully-furnished studio, one and two-bedroom condominium residences, each complemented by a palpable sense of home – from private balconies and keyless entry smart lock systems to premium appliances, finishes, and in-unit washers and dryers. Adding to its distinction is the building’s robust array of amenities, which include a 4,200-square-foot central gathering space, a café with baristas, a wine bar with a covered terrace, a gourmet market, lush garden lounge, state-of-the-art gym, steam room, rooftop pool deck, cabanas with daybeds, a hot tub, and a bike share program.

A major component of the Domus FLATS model involves operating efficiencies, which will help reduce owners’ costs -- a direct reflection of the developers’ deep-seated experience in hospitality. For instance, the property will have high-profile, senior-level hotel management oversight. Even the 24-hour valet service will be spearheaded by a company with longstanding ties to luxury hotels across the U.S.

Domus will also implement a reservations platform at par with major hotels, airlines, and other booking services, facilitating ease of access to reservations for prospective guests. The Domus App will allow for seamless check-ins, room and elevator access, and numerous other services and benefits; but there will also be a 24/7 concierge on-site for those guests who would like support at check-in -- or during any part of their stay.

“There is simply no concept quite like Domus FLATS,” said Juan Carlos Tassara, cofounder of Edifica. “Buyers will be able to enjoy the property, and when they choose to rent their units, guests will benefit from a brand conceived not as a condominium, but a hotel. This encourages future business and stability for owners.”

Furthering the project’s draw is the involvement of Domus Management, a subsidiary of North Development that was specifically created to service Domus-branded projects. Domus Management has decades of industry experience, with its partners having developed of some of the world's most celebrated hotels, including the iconic Le Sereno Hotel in St. Barth. Resultantly, just like in a luxury hotel, Domus Brickell Park will mean consistency of product, efficiency, and professionalism, which will translate to a much more robust, short-term rental process for the unit’s owners, as Domus is designed to achieve repeat guests.

“There is no doubt that the differential advantage is our deep-rooted hospitality experience,” concluded Dunin. “It’s an absolute win-win for the unit owners, as well as the individuals to whom they will ultimately rent.”

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Check Out This Two-Bedroom Condo For Under $800K In Brickell

Water views and a life of luxury right in the heart of Brickell can be yours for under $800K. Located at 500 Brickell Ave., Unit 3505 is a beautiful corner unit offering 2-bedrooms and 2-bathrooms spread over 1,124 SF. The property is listed for $789K, with Thierry Richard of ALTARA Properties.

Water views and a life of luxury right in the heart of Brickell can be yours for under $800K. Located at 500 Brickell Ave., Unit 3505 is a beautiful corner unit offering 2-bedrooms and 2-bathrooms spread over 1,124 SF. The property is listed for $789K, with Thierry Richard of ALTARA Properties. The spacious unit 3505 features stunning views of the Miami River and the city skyline. Modern design with porcelain tile floors, walking closets, and stainless steel kitchen appliances Floor-to-ceiling windows. The residence also comes with its own parking spot in the building.

Amenities at 500 Brickell Ave. includes two pools, one on the amenity deck and one on the rooftop, a premium fitness center, a theater room, and a business center, and a Spa complete with hot tubs, sauna and steam rooms. The building is walking distance from Brickell City Centers, shops, restaurants, and bars, and just minutes from Downtown Miami and South Beach, this condo offers the perfect blend of luxury and convenience.

Images via ALTARA and Thierry Richard Inc.

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Mercedes Benz Launches First Branded Residence In The United States in Collaboration With JDS Development Group

JDS Development Group and Mercedes-Benz have revealed Mercedes-Benz Places in Miami, a 67-story, mixed-use residential project was designed by SHoP Architects where construction is already underway with an expected completion in 2027. Located at 1 Southside Park, Mercedes-Benz Places is set to deliver over 2.5 million square feet of mixed-use development including 791 branded residences.

JDS Development Group and Mercedes-Benz have revealed Mercedes-Benz Places in Miami, a 67-story, mixed-use residential project was designed by SHoP Architects where construction is already underway with an expected completion in 2027. Located at 1 Southside Park, Mercedes-Benz Places is set to deliver over 2.5 million square feet of mixed-use development including 791 branded residences, 130,000 square feet of amenities and hospitality space, 200,000 square feet of office space, health and fitness facilities, a 174-key hotel, retail outlets, and on-site parking. Pricing for the residences is set to start at $550,000 and ranges up to $4 million for the largest three bedroom floor plan; penthouses are yet to be released. The project is also the first branded real-estate project for Mercedes-Benz in the United States, centered around the theme of “Timeless Design, Inspired by Miami.”

“It is a privilege to work with Mercedes-Benz and move beyond a traditional residential building to create a new community for the future. Underpinned by sustainable building methods and design, Mercedes‑Benz Places in Miami will create a legacy not just for Brickell, but Florida as a whole.” Said Michael Stern, Founder & CEO of JDS Development Group

This visionary tower is being developed by JDS Development Group, the company behind some of the world’s most transformative skyscrapers of the past decade. The project is part of the Mercedes-Benz licencing business by Mercedes-Benz Customer Solutions GmbH. The Mercedes-Benz design team has worked in collaboration with award-winning SHoP Architects to ensure the structure embodies the brand’s design philosophy of Sensual Purity.

The residential tower will be built in Brickell at 1 Southside Park, comprising 791 Mercedes-Benz residences with studios to 3-bedroom condominiums. Occupants will enjoy spectacular views of Miami, Biscayne Bay, the Atlantic Ocean, and beyond.Foundation work is underway and initial occupancy is planned to start in 2027. Sales will be managed by SERHANT, a multidimensional real estate and media company.

“Our branded real-estate venture in Miami embodies the strategy behind Mercedes-Benz Places. We want to develop exclusive residences with our partner that are undeniably Mercedes-Benz and create a new mode of urban living with vibrant communities. Ultimately, we want to create places to come home to, in a location worth living in.” Said Eva Wiese, Head of Mercedes-Benz Customer Solutions GmbH

The design of Mercedes-Benz Places in Miami centres around an eye-catching, cube-shaped mixed-use tower. These simple geometric bodies are interconnected to create a prominent skyscraper that stands out in the current architectural landscape of Miami. The shape of the building has been refined through the Mercedes-Benz design philosophy of Sensual Purity. This is the symbiosis of intelligence and emotion – two contrasting principles that combine to create clear forms and sensuous surfaces. The emotional side of Sensual Purity is characterised by free-flowing, elliptical lines and shapes inspired by nature. With its stacked-box design, this project reflects the technical side of the design language.

“Our distinctive style is Sensual Purity. This philosophy, based on the duality of emotion and intelligence, consists of a hot and a cool pole. The cool aspect represents very much the tradition of geometric German long live design originated in the Bauhaus. This crucial part of our brand was the inspiration for the architecture of this extraordinary new Mercedes-Benz Places landmark in Miami.” Said Gorden Wagener, Chief Design Officer, Mercedes-Benz AG

Looking at the architecture of Mercedes-Benz Places in Miami in more detail, the profiles of the individual balconies and terraces are designed to capture the light in a wide variety of ways. Technical silver is the dominant colour, complemented by the classic Mercedes-Benz black and white, to create opportunities for distinctive highlights and stimulating contrasts. The overall architectural effect commands a distinct presence on the Miami skyline.

Mercedes-Benz Places in Miami will give residents and guests access to a range of customer-centric living solutions. There will be more than 130,000 square feet of amenities and hospitality space. In addition, there will be 200,000 square feet of office space, health and fitness facilities, a 174-key hotel, retail outlets, and on-site parking. Innovative mobility solutions also play a key role with space for EV charging stations, valet parking, a car fleet for occupants, plus bicycle and scooter sharing. Mobility and innovative digital solutions will be developed in collaboration with ReWyre, a leading commercial property technology platform.

In addition to changing the residential landscape, Mercedes-Benz Places in Miami aims to transform the Brickell neighborhood. Key to this will be reimagining Southside Park as an urban oasis through a collaboration with renowned urban landscape designers, Field Operations. With its canopy of trees and native vegetation, such as mango trees and shortleaf figs, the project aims to create a healthy living space. The regeneration strategy also supports a range of environmentally friendly activities, including energy-efficient production, impactful vegetation, and water conservation.

Renderings via The Boundary

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Plans Filed For Santander Tower Set To Rise 765' On Brickell Ave

Banco Santander has filed plans to develop a 40-story, 765’ tall office tower on their two acre property 1401 Brickell Avenue following their application for a total demolition permit for the existing 14-story office building which was delivered in 1973 currently sits on the property.

Banco Santander has filed plans to develop a 40-story, 765’ tall office tower on their two acre property 1401 Brickell Avenue following their application for a total demolition permit for the existing 14-story office building which was delivered in 1973 currently sits on the property. The proposed Santander Tower would be built to LEED Platinum standards and would feature 612,918 SF of Class A office space, 107,953 SF of F&B space including multiple ground and lower floor restaurants as well as a multi-level urban club on the 9th floor podium; the building will also feature 1,496 parking spaces. Santander Tower plans to activate the pedestrian and street level with public plazas and landscaping along Brickell Ave. The tower is designed by Handel Architects with interiors by Bernardi + Peschard Arquitectos, landscape design by Rios and LandDesign. Rilea Group will oversee the development process.

Renderings via Handel Architects

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

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

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

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

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

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

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

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

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

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

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

Renderings via Mast Capital

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Sabal Development Reveals TOGU Designed Penthouse At Brickell House Asking $14.99 Million

Sabal Development has revealed a lavish newly designed penthouse which just hit the market asking $14.99 million, located at 1300 Brickell Bay Drive in the 46-story Brickell House Condominium. The modern, sophisticated property features breathtaking panoramic views of Brickell, Key Biscayne, and Miami Beach.

Sabal Development has revealed a lavish newly designed penthouse which just hit the market asking $14.99 million, located at 1300 Brickell Bay Drive in the 46-story Brickell House Condominium. The modern, sophisticated property features breathtaking panoramic views of Brickell, Key Biscayne, and Miami Beach. The unit is overlooking Biscayne Bay, in the heart of Miami’s Financial District, just minutes away from the bustling downtown food and entertainment district. Lourdes Alatriste of Douglas Elliman is the listing agent. Sabal Luxury Builder is the contractor.

“We are extremely proud of our team's versatility and vision to produce a luxury listing such as this," said Pascal Nicolai, Founder and CEO of Sabal Development.

The 6,500-square-foot penthouse is on the 44th floor of the building and is equipped with 5 spacious bedrooms and 7 bathrooms. Once you enter, you are greeted with 20-foot ceilings and floor-to-ceiling sliding glass doors leading to an oversized balcony with beautiful views of both the city and Biscayne Bay. The chef's kitchen is open-concept and has subzero and Thermador appliances. The penthouse also has a wine cellar, theatre, personal gym, office space and is fully automated through the Savant System.

Completed in 2014, Brickell House is a 46-story luxury condominium with state-of-the-art amenities, including 2 swimming pools, rooftop pool-deck, sundeck, fitness center, spa, and sauna. The residence also features the world’s largest AGV automated robotic parking system, valet parking, concierge services, and two street-level restaurants, LPM Restaurant & Bar and Osaka Concina Nikkei.

Recognized by the Wall Street Journal as one of the Top Sales Agents worldwide, Lourdes Alatriste is a leader in the Miami premium real estate market.

Renowned for its passion and uncompromising attention to detail, TOGU Design earned its reputation for curating art and furniture at opulent hotels throughout France and Switzerland.

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Sterling Bay Joins Key International As Co-Developer of 848 Brickell Office Tower

Key International, led by Diego and Inigo Ardid, has teamed up with Sterling Bay, a national real estate development firm known for its pioneering approach to developing award-winning creative offices, as the co-development partner of 848 Brickell, a Class-A creative office and retail tower proposed in Brickell.

Key International, led by Diego and Inigo Ardid, has teamed up with Sterling Bay, a national real estate development firm known for its pioneering approach to developing award-winning creative offices, as the co-development partner of 848 Brickell, a Class-A creative office and retail tower proposed in Brickell. Sterling Bay joins Key International in developing plans for this project, which, pursuant to zoning approval by Miami-Dade County, will soar 51 stories in the heart of Miami's bustling Financial District.

"We strategically selected Sterling Bay as our co-development partner at 848 Brickell to bring their expertise in creating world-class offices to this exciting new project," said Diego Ardid, Co-President at Key International. "We're confident that their involvement will ensure 848 Brickell represents the next generation of modern workspaces in South Florida."

With a reputation for redefining the workplace experience through innovative design, amenities, and functionality, Sterling Bay consistently delivers creative offices for globally recognized tenants, including Google, McDonald's, Dyson, WPP, Boston Consulting Group, and Greenberg Traurig. The firm's impressive portfolio includes a pipeline of $20 billion in transformative urban campuses that have reimagined entire communities and reshaped how people perceive and engage with office spaces.

Sterling Bay has developed workplace environments for over twenty years, partnering with global architecture and design leaders to create spaces that foster productivity, collaboration, and employee well-being. In 2019, Sterling Bay completed its first Miami office development, 545wyn, which marked Wynwood's first-ever Class-A office building, sparking a boom in Wynwood’s commercial activity, and bringing major tenants to the submarket, including Sony Music, PwC, MIAX, Gensler, and Slalom.

"Miami is the nation's new epicenter for commercial growth, and Brickell sits at the center of the city's business activity - it's arguably the hottest submarket in the country right now for commercial office development, and we're poised to deliver a top-tier office product at a crucial inflection point for the area," said Andy Gloor, CEO at Sterling Bay. "848 Brickell will exceed everyone's expectations for fusing the Miami lifestyle with its workplace needs, and we look forward to working with Key International to deliver on this shared vision."

Once complete, 848 Brickell will offer future tenants an impressive 750,000+ square feet of Class-A office space, accompanied by a curated ground-floor retail space spanning 7,500 square feet and on-site parking facilities accommodating over 1,000 vehicles.

Designed by global architectural, urban planning, and engineering firm Skidmore, Owings, & Merrill (SOM) to cater to the evolving needs of modern businesses and professionals, 848 Brickell touts’ hospitality-inspired workplace amenities, including on-site, tech-enabled conference facilities, a luxury fitness center, and an expansive outdoor terrace, mixed with lifestyle amenities like padel tennis courts and private open-air lounges. This prime location offers tenants ocean and Brickell Avenue views and quick access to the neighborhood's top dining, retail, and entertainment destinations.

Renderings via Key International

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Ytech Begins Demolition of Site For The Residences at 1428 Brickell

Miami-based real estate development firm Ytech has commenced demolition of the existing structure at 1428 Brickell Avenue, the future location of luxury high-rise condominium The Residences at 1428 Brickell. Ytech has owned the now-vacant property since January 2017, which previously housed 100,000 square feet of office space.

Miami-based real estate development firm Ytech has commenced demolition of the existing structure at 1428 Brickell Avenue, the future location of luxury high-rise condominium The Residences at 1428 Brickell. Ytech has owned the now-vacant property since January 2017, which previously housed 100,000 square feet of office space. John Moriarty & Associates (JMA) is the construction team conducting the demolition. This demolition marks a pivotal step in delivering The Residences at 1428 Brickell and continues to build momentum for Ytech’s real estate development portfolio, following the approval for 75 Broadway by the Planning & Zoning department in Miami.

“When we acquired the property at 1428 Brickell Avenue, we did so with the firm intent of delivering a level of design, craftsmanship, and meaningful innovation never before seen in Miami,” said Yamal Yidios, CEO of Ytech. “As demolition commences, we will ensure that even the earliest stages of The Residences at 1428 Brickell’s construction echo our commitment to delivering a truly superior product for our buyers.”

The Residences at 1428 Brickell is a limited collection of residences, priced from $2 million to $7 million, that will be fully finished with two- to four-bedroom plus den homes ranging from 1,800 to 4,000 square feet. These residences showcase stunning water views and have been thoughtfully created with a true flow-through configuration to maximize light. A significant portion of residences within the property are two-story, creating the feeling of a single-family home in the sky. The tower’s crown jewel is its $60 million penthouse with extraordinary 30-foot ceilings, 7 bedrooms, 9 bathrooms, and two east-facing balconies with unparalleled views of Biscayne Bay. The tower also includes lower penthouses which start from $8 million and range in size from 4,000 to 10,000 square feet.

Over 80,000 square feet of amenities will also adorn The Residences at 1428 Brickell. Located 860 feet in the sky, Ytech dedicated the three levels within the top of the tower to house curated private and shared spaces showcasing stunning, panoramic water and city views. Amenities include an expansive 10,000 square foot gym with weight room, HIIT room, and an indoor/outdoor yoga room, a rooftop pool and atrium, a hot spa and daybed lounging area, a two-story wine and fine art lounge, state-of-the-art office suites, a private dining room with a one-of-a-kind Vaselli kitchen, a juice and wellness bar, an immersive spa, an aquatic therapy area, a children’s recreation and learning center, fully furnished private guest suites, and more. Additional highly personalized services include reception, valet and porter, bellman and doorman services, a pet facility with grooming area, and in-unit package delivery.

“Ytech has a demanding and meticulous attention to detail on every phase of development – from initial concept all the way through to construction of the tower. Our standards demand only the best, so for demolition we’ve tapped experts within high-density urban cores such as New York City to oversee and advise on this process and look forward to delivering premier luxury residences of a never-before-seen caliber to Brickell,” said John Breistol, COO of Ytech.

“With the achievement of this milestone and the extraordinary success we have seen in sales, there is enormous confidence in Ytech and this project. Ytech is cementing their well-deserved reputation as the premier ultra-luxury developer in Brickell, and the quality and thoughtful design of The Residences at 1428 Brickell resonates with domestic and international buyers,” said Alicia Cervera Lamadrid, managing partner of Cervera Real Estate.

The Residences at 1428 Brickell is slated for completion in 2027, with Cervera Real Estate serving as the sales team representing the property.

Images via The Boundary for Ytech

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The First Duplex Penthouse At The St. Regis Residences, Miami Hits Market For $45 Million

The first of two upper penthouse residences at St. Regis Residences, Miami has hit the market for $45 million. The duplex penthouse features over 10,000 square feet of living space with a 2,842-square-foot indoor/outdoor private roof deck complete with a pool, spa, summer kitchen and incomparable views of Biscayne Bay and Brickell.

The first of two upper penthouse residences at St. Regis Residences, Miami has hit the market for $45 million. The duplex penthouse features over 10,000 square feet of living space with a 2,842-square-foot indoor/outdoor private roof deck complete with a pool, spa, summer kitchen and incomparable views of Biscayne Bay and Brickell. Envisioned as the enclave’s definitive luxury address, the project is being developed by Related Group and Integra Investments with architecture by the esteemed Robert A.M. Stern Architects (RAMSA) and interiors by the highly acclaimed Rockwell Group.

The 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 152 condominium homes ranging from two to six bedrooms, including the penthouses, sky villas, and two 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.

“In terms of exclusivity and service, the St. Regis name stands unparalleled among hospitality brands. To the myriad of St. Regis loyalists worldwide, the brand represents the places where families and friends come together to create a lifetime of unforgettable moments,” says Nick Pérez, President of Related’s Condominium Division. “The penthouse debut at the St. Regis Residences, Miami signifies a defining moment for both the development and the neighborhood, introducing an elevated level of luxury unmatched by any other residence in Brickell, while upholding the esteemed standards set by one of the most iconic names in hospitality."

The two upper penthouse residences encompass floors 48-50 and include five bedrooms and seven baths, accentuated by outdoor terraces on each floor and the dramatic private rooftop above. The penthouse interiors, envisioned by Rockwell Group, blend the opulence of the visionary Brickell and Astor families with Miami’s relaxed coastal ambiance, creating a truly exceptional living environment. The primary bedroom suite features a midnight bar, two bathrooms, a sitting room, split stone top vanities with Dornbracht fixtures, oversized natural stone showers and a freestanding bathtub, as well as spacious separate walk-in closets. The gourmet kitchen includes custom Italian cabinetry designed by Rockwell Group.

As part of the collection’s offerings, penthouse residents can anticipate an unmatched living experience, complete with a private internal elevator and entry foyer on the penthouse levels, 11’6” ceilings in living areas, and custom European stone flooring throughout each home.

In keeping with the St. Regis brand’s uncompromising commitment to excellence, residents will experience one of the most robust amenity packages on the market, with more than 50,000 square feet of indoor and outdoor spaces, including a professional-grade fitness center with a pilates and yoga studio; a full-size pickleball court; a private marina; a world-class spa and holistic wellness center and an indoor lap pool. Signature butler services complete the lifestyle experience, including deliveries to residences, an on-premises house car, shoeshine service and other personal arrangements. Park-like grounds surround the building with lush landscaping designed by the acclaimed Swiss design firm, Enea Garden Design.

The tower also offers some of the best dining options in Brickell, including the iconic St. Regis Tea Room and a residents-only, fine-dining restaurant by Michelin-starred chef Fabio Trabocchi. With an internationally acclaimed chef and restaurateur at the helm, The Residences brings an entirely new meaning to the phrase “dining in.”

ONE Sotheby’s International Realty is the exclusive sales and marketing partner for The Residences.

Renderings via Binyan Studios

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