Related Group and Integra Investments Break Ground On RAMSA-Designed St. Regis Residences Miami in South Brickell

Leading real estate companies Related Group and Integra Investments have broken ground on The St. Regis Residences, Miami (The Residences), the highly anticipated residential tower rising on the Biscayne Bay waterfront in Miami’s South Brickell neighborhood.

Leading real estate companies Related Group and Integra Investments have broken ground on The St. Regis Residences, Miami (The Residences), the highly anticipated residential tower rising on the Biscayne Bay waterfront in Miami’s South Brickell neighborhood. Featuring 152 bespoke residences — including penthouses, sky villas and two exclusive stand-alone garden villas — the project offers a once-in-a-generation opportunity to experience the timeless elegance and celebrated five-star services that define the St. Regis brand. Coastal Construction is overseeing construction and completion is expected in 2027. Over 65% of the homes at the 50-story ultra-luxury condominium tower are now in contract.

“The groundbreaking for The St. Regis Residences, Miami marks a pivotal step in bringing an unparalleled luxury experience to one of South Florida’s most dynamic urban neighborhoods,” said Nick Pérez, President of Related’s Condominium Division. “With each milestone, we’re transforming the Downtown Miami skyline, introducing a level of sophistication and service that only the St. Regis brand can deliver.”

Located at 1809 Brickell Ave., The Residences is brought to life by a visionary team, with architecture by the esteemed Robert A.M. Stern Architects (RAMSA) and interiors by the acclaimed Rockwell Group. This striking property represents the first residential development in South Florida for RAMSA, which drew inspiration from the elegant aesthetic of golden-age ocean liners at sea, merged with the modern allure of skyscrapers.

“We’re proud to bring the St. Regis name to a premier site on the South Brickell waterfront,” said Nelson Stabile, Principal at Integra. “Upon completion, this extraordinary property will offer buyers an elevated lifestyle unmatched in the area, blending hospitality-driven services with exceptional views and ease of access to the best of Downtown Miami.”

In keeping with the St. Regis brand’s uncompromising commitment to excellence, residents will experience one of the most robust amenities 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 culinary offerings at The Residences are equally exceptional. With the iconic St. Regis Tea Room and a fine-dining restaurant led by Michelin-starred chef Fabio Trabocchi, residents are treated to an unparalleled dining experience, redefining the concept of 'dining in.'

Related Realty is the exclusive sales and marketing partner for The Residences.

Renderings via Binyan Studios and PC_ CG Render Visualizatin Studio, Inc.

For more information about St. Regis Residences, Miami or to inquire about purchasing a unit please fill out the form below:

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Cipriani Residences Miami Completes the Largest Foundation Pour in Brickell This Year

Miami-based developer Mast Capital has completed the largest mat foundation concrete pour in Brickell this year for Cipriani Residences Miami, the brand’s first-ever ground-up residential offering in North America. Flowing continuously for approximately 16 hours, the uninterrupted pour reached 11,500 cubic yards of foundational concrete with 2,500 tons of reinforcing steel.

Miami-based developer Mast Capital has completed the largest mat foundation concrete pour in Brickell this year for Cipriani Residences Miami, the brand’s first-ever ground-up residential offering in North America. Flowing continuously for approximately 16 hours, the uninterrupted pour reached 11,500 cubic yards of foundational concrete with 2,500 tons of reinforcing steel. The pour, led by Moss Construction, also sets a record for the largest to date on South Miami Avenue – one of the neighborhood’s most bustling corridors. Completion is slated for 2028. Sales and marketing efforts for the project are handled exclusively by Fortune Development Sales, with prices beginning at $1.7 million.

"'Reaching this milestone with the completion of the mat foundation pour is a remarkable achievement in our journey to bring Cipriani Residences Miami to life,” noted Camilo Miguel, Jr., Founder and CEO of Mast Capital. “It represents not just a significant phase in the development, but also the dedication and precision of the entire team. This pour lays the foundation for what will become one of Brickell’s most iconic addresses, further solidifying our commitment to excellence and the timeless Cipriani standard of luxury.'"

Designed by Arquitectonica, Cipriani Residences Miami is set to be a new landmark anchoring the southern end of Brickell at 1420 South Miami Avenue. The tower will offer 397 sophisticated residences with interiors meticulously crafted by world-renowned design firm 1508 London that will harness the distinguished style and world-class service of Cipriani.

"A concrete pour of this scale demands meticulous coordination across multiple teams, and it’s a testament to the dedication and collaboration of everyone involved," said Luis Hidalgo, Senior Vice President of Moss Construction. "Managing the logistical complexity of over 50 team members and 750 truckloads of concrete over a 20-hour period highlights the expertise and commitment of our team. We’re honored to contribute to such an iconic development in the heart of Brickell, and we look forward to bringing the Cipriani Residences Miami vision to life."

Rising 80 stories into the skyline, Cipriani Residences Miami will be among the tallest new developments rising in Brickell. On the top 18 floors of the tower will be an exclusive assemblage of 68 ultra-luxury residences and six penthouses, coined The Canaletto Collection. Residents of the collection will receive priority access to the tower’s private speakeasy, exclusive global concierge services from BHB Concierge and custom for-purchase furniture packages and upgraded interior finishes designed by 1508 London. Direct elevator entry and a limited number of residences per floor provide the utmost privacy to residents and their guests.

The residential lifestyle at Cipriani Residences Miami is complemented by a 50,000-square-foot suite of hotel-inspired amenities. Catering and in-residence dining by Cipriani will be offered around-the-clock, while dining services will extend to the private restaurant and reservable dining spaces, a private speakeasy and the elevated resort deck, exclusive to residents and their guests. Additionally, there’s a robust wellness offering including a fully equipped state-of-the-art fitness center, spinning room, a holistic spa, ice plunge, and sauna. Cipriani Residences Miami also offers a golf simulator, pickleball court, screening room, library, salon, elevated 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.

Renderings via The Boundary

For more information about Cipriani Residences Miami or to inquire about purchasing a unit please fill out the form below:

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OKO Group & Cain International Complete Fully-Leased 830 Brickell Class A+ Office Tower

Construction of 830 Brickell, the Class A+ office tower that elevated Miami’s position as a destination for some of the world’s largest finance, technology, and professional services firms, has officially been completed after receiving its full Temporary Certificate of Occupancy (TCO) from the City of Miami.

Construction of 830 Brickell, the Class A+ office tower that elevated Miami’s position as a destination for some of the world’s largest finance, technology, and professional services firms, has officially been completed after receiving its full Temporary Certificate of Occupancy (TCO) from the City of Miami. 830 Brickell’s TCO allows for all of the building’s tenants to now begin buildouts and take occupancy of their spaces, while construction crews continue putting the finishing touches on the interior common areas and amenity spaces, which are expected to be ready within months.

The 57-story tower, developed by OKO Group and Cain International, is the first stand-alone Class A+ office tower to be built in Miami’s Brickell Financial District in over a decade. The fully leased building has emerged as the home base for new-to-market firms arriving in Miami, with more than 90 percent of the building’s tenants establishing their first office in Miami. Since its 2020 launch, average rents at the building have more than tripled – from $60-70/square foot, to nearly $200/square foot.

830 Brickell’s roster of best-in-class financial, technology, professional services firms and other global companies includes Microsoft, Citadel, Kirkland & Ellis, Marsh Insurance, Sidley Austin, CI Financial (Corient), Thoma Bravo, Santander Bank, A-CAP, among others. About 20% of the building is currently occupied and operational, with the remainder of tenants slated to complete their individual build-outs and open for business by the end of the year.

“As the only office tower of its caliber in the market, we are delighted to announce that 830 Brickell has successfully secured full TCO. The building has been a catalyst for the migration of business to South Florida, becoming the headquarters for the world’s leading finance, technology and professional services firms, and boosting an office market that continues to outperform other major cities. This achievement marks a major milestone for Miami as a city and as a global business destination,” said developers Vlad Doronin, Chairman and CEO of OKO Group, and Jonathan Goldstein, CEO of Cain International.

Since construction of 830 Brickell launched in 2020, the tower’s average leasing rates have more than tripled, setting pace for an office market that continues to outperform other major cities.

830 Brickell was designed by renowned architecture firm Adrian Smith + Gordon Gill, with interiors by Italian architecture and design company Iosa Ghini Associati. The tower’s amenities will include a Mediterranean restaurant with an outdoor terrace, and bar / private club on the top floor showcasing expansive views of the City and Biscayne Bay, a world-class health and wellness center, conferencing facilities, 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.

830 Brickell is part of an extensive portfolio of best-in-class offerings being delivered across South Florida by OKO Group and Cain International. The portfolio, encompassing both luxury residential and commercial spaces, also includes Una Residences, a luxury condominium under construction in Miami’s Brickell enclave; Missoni Baia, a newly delivered luxury condominium in Miami’s Edgewater neighborhood; and One River, a rental condominium in Downtown Fort Lauderdale.

OKO Group and Cain International’s partnership further extends to One Beverly Hills, a 17.5-acre mixed-use urban destination master planned by Norman Foster. The development will mark the introduction of Aman’s inaugural urban resort and Aman Branded Residences to the West Coast of North America, designed by Kerry Hill Associates, featuring a limited number of Aman residences, an Aman Hotel, and an exclusive Aman Club.

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North Development Completes Foundation Pour at Domus Brickell Park And Begins Vertical Construction

Following several months of foundation work, one of Miami’s most anticipated short-term-rental-friendly condominium towers is going vertical. North Development’s Domus Brickell Park, a 12-story, 171-unit offering, set to redefine the traditional condo-hotel sector, is already 60% sold.

Following several months of foundation work, one of Miami’s most anticipated short-term-rental-friendly condominium towers is going vertical. North Development’s Domus Brickell Park, a 12-story, 171-unit offering, set to redefine the traditional condo-hotel sector, is already 60% sold and has achieved a string of construction mileposts since its spring groundbreaking, putting the project on track for a Q1 2026 delivery.

General contractor Thornton Construction has been overseeing progress at the project’s site, which is well-sited in the Brickell Financial District along the bustling Southwest Second Ave. thoroughfare (1611 SW 2nd Avenue).

In addition to the property’s construction crane now being fully operational, the buildout of columns and shear walls is underway. The first pour of the mezzanine level – the tower’s first elevated slab – is underway, along with additional infrastructure work.

The market has been abuzz over Domus Brickell Park – the first offering to go vertical within the Domus FLATS portfolio by North Development, a joint-venture between Miami developer Ricardo Dunin’s Oak Capital and Edifica, a Peruvian conglomerate focused on development, construction, and fund management with a 20-year track record of success.

“Domus Brickell Park is one of the most exciting opportunities for buyers in Miami’s most in-demand urban setting, and we are thrilled to be celebrating this latest milestone, bringing it closer to fruition,” said Dunin, who is the founding partner of North Development.

Dunin, who helped pioneer condo-hotels in South Florida with projects like The Mutiny Hotel and the Sonesta Bayfront Hotel, both in Coconut Grove, is reinvigorating what he notes as a “tired” concept with the Domus FLATS portfolio, starting with Domus Brickell Park. As Dunin explains, over the years, the condo-hotel concept has degraded and the hospitality component has virtually disappeared, making it an “uncertain product.” Domus Brickell Park – as well as its sister project, Domus Brickell Center (1034 SW 2nd Ave., Miami, Fla.), which was unveiled in May – will be rooted in hospitality.

“What we are building is a completely new asset class and a welcomed addition to the Brickell neighborhood where many buyers have been priced out,” said Juan Carlos Tassara, cofounder of North Development. “Residents and guests will have the security, comfort, and value of consistent, luxury hotel-worthy quality.”

Domus Brickell Park will offer 24-hour oversight by North Management, a subsidiary of North Development, ensuring top-tier brand standards with a 360-degree, customer-focused approach. Residents will enjoy hotel-style amenities, including a vibrant, fully equipped activated lobby with food and beverage services, creating an inviting gathering space for guests and locals alike.

Fully-furnished studio, one- and two-bedroom condominium residences – currently ranging from the $600,000’s to $1.2 million – will feature nine-foot ceilings, private balconies, keyless entry smart lock systems, Italkraft cabinetry, Bosch appliances, premium finishes, and in-unit washers and dryers.

Domus Brickell Park (as well as Domus Brickell Center) is being exclusively brokered by Cervera Real Estate. The building will feature designs by Zyscovich Architects and interiors by Urban Robot Associates.

Images via North Development

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The Residences at Mandarin Oriental, Miami, Reveals New Waterfront Sales Pavillion And Announces Nearly $500 Million In Sales

Swire Properties, Inc. has revealed the highly anticipated Sales Pavilion for The Residences at Mandarin Oriental, Miami. Located on the southern tip of Brickell Key, the future site of The Residences, this 7,000-square-foot pavilion has been designed as three expertly curated spaces.

Swire Properties, Inc. has revealed the highly anticipated Sales Pavilion for The Residences at Mandarin Oriental, Miami. Located on the southern tip of Brickell Key, the future site of The Residences, this 7,000-square-foot pavilion has been designed as three expertly curated spaces floating on water with panoramic ocean views. The Residences at Mandarin Oriental, Miami, has seen close to $500 million in contracts signed in the first 60 days of sales, out of almost $1 billion in reservations to date. Pricing for current availability starts at $4.9 million with sales and marketing exclusively overseen by Fortune Development Sales. The Residences are expected to be completed from 2029.

“When we set out to design the final development here on Brickell Key, the one that would complete our 40-year master plan, we knew it had to be something special. Our Sales Pavilion for The Residences is extraordinary and worthy of what will become the jewel in the crown of Swire Properties’ legacy in Miami. With custom finishes throughout and breathtaking views, guests will truly experience what life will be like at The Residences,” said Henry Bott, President of Swire Properties.

The Sales Pavilion offers prospective buyers a first look at the interiors and views from their new home. Conceived by The Residences’ global design team, including Parisian interior designers Tristan Auer and Laura Gonzalez, it features bespoke finishes and decor throughout. For example, the hospitality desk, which welcomes guests upon arrival, is adorned with hand-placed, individually painted coconut shells, along with hand-woven leather screens that filter light into the space. The one-of-a-kind, hand-painted Mandarin Oriental hospitality bar, imagined by Laura Gonzalez, mimics the flow of water with ripples of blues and greens. In the model residence bungalow, envisioned by Tristan Auer, guests experience furnishings, lighting, and finishes that evoke the final lifestyle available to buyers, including honed marble in the kitchen and bathroom, leather-wrapped interiors in the primary closet, and a midnight bar adjacent to the primary bedroom for ease. The design team for The Residences also includes architecture by lead architect Kohn Pedersen Fox, landscapes by Thai firm Shma, and lighting by UK-based lighting architect Speirs Major.

"The quality and overall experience of the sales pavilion align perfectly with Fortune’s commitment to not only delivering an exceptional product but also creating an experience that enhances the way people live. We are proud to partner with Swire Properties and the Mandarin Oriental brand, and we look forward to breaking barriers in the vibrant heart of Miami," said Edgardo Defortuna, President & CEO, Fortune International Group.

The Residences at Mandarin Oriental, Miami, will comprise two towers and will bring together world-class design, legendary service of Mandarin Oriental, and stunning panoramic views. The South Tower will feature 228 residences with interiors by renowned Parisian designer Tristan Auer. The North Tower, with interiors by AD 100 designer Laura Gonzalez, will feature the new North American flagship Mandarin Oriental hotel – with 121 rooms, a signature Spa at Mandarin Oriental, and multiple intimate fine-dining and al fresco restaurants – along with an additional 66 private residences and 28 hotel residences slated to be launched soon. Swire Properties has been responsible for developing Brickell Key for more than 40 years, and The Residences offers the final opportunity to own a luxurious piece of a new development on the highly desirable island community.

Renderings via Swire Properties

For more information about Mandarin Oriental, Miami or to inquire about purchasing a unit please fill out the form below:

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Marion Reopens in Brickell with Fresh Look and Expanded Menu

After an extensive summer renovation, Marion, the well-known Miami dining and nightlife venue operated by Mr. Hospitality Miami, has reopened in Brickell. The restaurant now features a new design and an updated menu that blends Asian and Mediterranean influences. The reopening marks a significant milestone for Marion, which has been a part of Miami's dining scene since 2015.

After an extensive summer renovation, Marion, the well-known Miami dining and nightlife venue operated by Mr. Hospitality Miami, has reopened in Brickell. The restaurant now features a new design and an updated menu that blends Asian and Mediterranean influences. The reopening marks a significant milestone for Marion, which has been a part of Miami's dining scene since 2015.

Marion's renovation aims to enhance both its dining and nightlife experience. The updated interior design, crafted by Carlos Rodriguez of Escala Forma, combines elements of nostalgia and modern luxury. According to Rodriguez, the design reflects Marion’s rich history while introducing contemporary touches to ensure the space feels both familiar and new. Inspired by iconic venues like Studio 54, the refreshed look includes bold colors, custom Murano chandeliers, and an LED-paneled disco ceiling, which enhances the venue's nightlife appeal.

The updated menu, designed by Executive Chef Kylian Goussot, continues to emphasize Asian-Mediterranean flavors with dishes such as Truffle Prime Beef Tartare, Lobster Tempura, and Prime Skirt Steak Tagliata. Executive Sushi Chef Max Kamakura has also introduced a new sushi program, which showcases his expertise in dry-aging techniques and creative presentations.

In addition to the revamped food offerings, Marion has also expanded its beverage options. The new cocktail menu, curated by Corporate Beverage Manager Karol Ansaldi, features drinks inspired by Asian and Mediterranean flavors, including signature cocktails like the Dirty Dancing and Wild Things. The wine program, led by Wine Director Higor Valle, now highlights a variety of prestigious Champagne houses alongside a selection of premium Tequilas.

“The decision to renovate and relaunch Marion is rooted in its legacy as a Miami landmark,” said Mathieu Massa, Founder & CEO of Mr. Hospitality Miami. “For years, Marion has been synonymous with exceptional dining, trendsetting flair, and a premier nightlife destination. This transformation elevates Marion from the ‘It’ girl of Brickell to a sophisticated, graceful icon. This is not just a renovation; it’s a $4,000,000 rebirth—returning to her essence with newfound elegance, ready to enchant our guests anew.”

The renovation also includes the addition of a Dom Pérignon Champagne Display and Tequila Room, which replaces the former wine room. This space offers over 300 premium bottles for guests to explore. Marion is open from Tuesday to Saturday, 7 PM until late, and is located at 1111 SW 1st Ave, Miami, FL 33130.

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Related Group and Integra Investments Close On $527 Million In Construction Financing For St. Regis Residences, Miami

Related Group (Related) with Integra Investments (Integra) have closed on $527 million in financing for the highly-anticipated residential tower, St. Regis Residences, Miami (The Residences), on the Biscayne Bay waterfront in Miami’s South Brickell neighborhood.

Related Group (Related) with Integra Investments (Integra) have closed on $527 million in financing for the highly-anticipated residential tower, St. Regis Residences, Miami (The Residences), on the Biscayne Bay waterfront in Miami’s South Brickell neighborhood. The loan was provided by TYKO Capital, a multi-billion-dollar commercial real estate private equity and private credit investment management platform, led by Adi Chugh. Over 60% of The Residences’ 152 homes are now in contract.

"We're pleased to partner with TYKO Capital to obtain one of the most substantial residential construction loans in South Florida's history," said Nick Pérez, President of Related's Condominium Division. "This achievement underscores investors' trust in Miami’s thriving residential market and, notably, in the distinguished St. Regis brand. The St. Regis Residences, Miami redefines luxury living, bringing an elevated lifestyle to the Brickell waterfront. With unparalleled amenities, spectacular views and impeccable service, every aspect is curated to surpass resident expectations."

Located at 1809 Brickell Ave., The Residences is being brought to life by a visionary team, with architecture by the esteemed Robert A.M. Stern Architects (RAMSA) and interiors by the highly acclaimed Rockwell Group. This striking property marks the first residential development in South Florida for RAMSA, which 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 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.

“This significant financing milestone reflects Miami's rising prominence on the global stage and reinforces the remarkable appeal of the St. Regis brand,” said Nelson Stabile, Principal at Integra. “We’re excited to move closer to realizing The St. Regis Residences, Miami, which will extend the hallmark St. Regis lifestyle— from bespoke butler service to Michelin-starred dining —to a setting that offers both the vibrancy of Brickell and a serene retreat. Residents will experience something truly exceptional, and we're honored to play a role in shaping this vision while redefining the benchmarks of luxury living in Miami's real estate market."

In keeping with the St. Regis brand’s uncompromising commitment to excellence, residents will experience one of the most robust amenities 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 culinary offerings at The Residences are equally exceptional. With the iconic St. Regis Tea Room and a fine-dining restaurant led by Michelin-starred chef Fabio Trabocchi, residents are treated to an unparalleled dining experience, redefining the concept of 'dining in.'

Renderings via Binyan Studios

For more information about St. Regis Residences, Miami or to inquire about purchasing a unit please fill out the form below:

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Related Group Completes Largest Concrete Pour In Its 45-Year History at Baccarat Residences

Leading real estate developer Related Group (Related) and GTIS Partners, marked a major development milestone this weekend with the foundation pour of the highly anticipated Baccarat Residences Miami. Requiring over 10,000 cubic yards of concrete and 1,500 tons of reinforcing steel, the pour is confirmed to break all prior records set by the prolific development firms

Leading real estate developer Related Group (Related) and GTIS Partners, marked a major development milestone this weekend with the foundation pour of the highly anticipated Baccarat Residences Miami. Requiring over 10,000 cubic yards of concrete and 1,500 tons of reinforcing steel, the pour is confirmed to break all prior records set by the prolific development firms, for what is set to be the legendary french crystal brand’s only stand-alone residential tower, managed by hospitality titan SH Hotels & Resorts. The highly anticipated luxury tower is over 95% sold ahead over its 2028 completion.

The historic concrete pour by Ceco Concrete Construction, which spanned 30 hours, started at 8pm Friday night and continued uninterrupted until 2am Sunday morning, masterfully overseen by the general contractor John Moriarty & Associates of Florida (JMA) with support from Florida Concrete Unlimited, Titan America, Gancedo Lumber, B&J Consulting Engineers and NV5.

“It’s not every day you see a foundation pour of this scale and magnitude. It was truly a once-or-twice-in-a-lifetime event,” said Nicholas Perez, President of Related’s Condominium Division. “We are incredibly grateful to JMA, our subcontractors and engineers for their participation in this monumental undertaking, which required a tremendous amount of coordination and planning.”

Located on one of the last waterfront parcels along Brickell Avenue, where the Miami River meets Biscayne Bay, the 75-story tower is crafted by the world’s preeminent design talents, with architecture by international firm Arquitectónica, interiors by the NYC based Meyer Davis Studio and landscape design by swiss architect Enzo Enea.

The sister property to the record-breaking Baccarat Hotel & Residences NYC, the Brickell tower is made up of 355 residences, including just eight exclusive penthouses. The property, which has enjoyed record sales success, is now 95% sold, with selected premium residences remaining for sale. Fortune International Realty is the exclusive sales agency for Baccarat Residences Miami.

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

For more information about The Residences at Baccarat Residences or to inquire about purchasing a unit please fill out the form below:

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Ken Griffin's Citadel Reveals Plans For 1201 Brickell Bay Drive Supertall

Billionaire hedge fund manager Ken Griffin is making waves in Miami's Brickell neighborhood with plans for a new supertall tower at 1201 Brickell Bay Drive. The project, with a proposed height of 1,032 feet and 54 stories, will be a mixed-use development.

Billionaire hedge fund manager Ken Griffin is making waves in Miami's Brickell neighborhood with plans for a new supertall tower at 1201 Brickell Bay Drive. The project, with a proposed height of 1,032 feet and 54 stories, will be a mixed-use development featuring 1.3 million square feet of office space, a 212-room rooftop hotel, fine dining restaurants, a health spa, fitness club, and more.

Designed by Foster + Partners, the 1.7 million square foot supertall tower will serve as the headquarters for Griffin's Citadel and Citadel Securities. Construction of the $1 billion-plus development is expected to begin in the third quarter of 2025, with plans for subsequent phases that include additional office space, residential units, and parking facilities across the street.

After announcing that both Citadel and Citadel securities will move to Miami from Chicago, Citadel was revealed as the buyer of 1201 Brickell Bay Drive after Tibor Hollo’s Florida East Coast Realty sold the 2.5 acre supertall development lot in a $363 million mega-deal in April 2022. Also in April 2022, Griffin acquired the adjacent 1250 Brickell Bay Drive and 1260 Brickell Bay Drive for $20 million, the lots total roughly 6,655 SF. The lots are adjacent to 1221 Brickell Avenue, which an entity tied to Citadel acquired in June 2022 for $286.5 million. The assemblage of properties spanning from 1221 Brickell Avenue to 1250-1260 Brickell Bay Drive is across the street from 1201 Brickell Bay Drive. The price equated to $145 million per acre, $3,340 PSF dirt value.

Ken Griffin’s net-worth is estimated to be about $31 billion and he has been one of the largest luxury property buyers in the world over the past several years. Also in Miami, Griffin has spent years and $170 million acquiring a Star Island assemblage. He made a splash when he acquired 8 Star Island Drive, a teardown built in 1993 on 1.8-acres, for $75 million. The sale set record for single-family home sales in Miami-Dade County at the time, a record Griffin is no stranger breaking. Griffin has also acquired the adjacent 10 Star Island for $25 million and 11 and 12 Star Island Drive in an off-market deal for roughly $37 million and 13 Star Island for $32.5 million. The acquisitions total $170 million. Griffin also set a record when he was revealed as the buyer in the mega-transaction for the four-acre waterfront Adrienne Arsht compound for a staggering $106,875,000.

Renderings via Foster + Partners

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The Residences at Mandarin Oriental, Miami Converts To Sale Contracts With Over $150 Million In Sales

Swire Properties USA and Fortune International Group have converted sale contracts at the Residences at Mandarin Oriental, Miami, with a total value of $150 million, out of close to $1 billion in reservations. These include 2, 3, 4, and 5-bedroom homes, with some per square foot prices exceeding $3,000 PSF.

Swire Properties USA and Fortune International Group have converted sale contracts at the Residences at Mandarin Oriental, Miami, with a total value of $150 million, out of close to $1 billion in reservations. These include 2, 3, 4, and 5-bedroom homes, with some per square foot prices exceeding $3,000 PSF. Moving forward, buyers at The Residences at Mandarin Oriental, Miami, have the opportunity to convert to contract immediately, timed with the soft opening of the hotly anticipated sales gallery this month. In a dense residential market, and in a typically slow season for Miami, the strong and immediate response from buyers to The Residences at Mandarin Oriental, Miami, showcases the property’s one-of-one offering in Miami and its remarkable desirability for buyers.

The Residences at Mandarin Oriental, Miami, are located in a 66-story tower rising 850 feet at the southernmost tip of Brickell Key and feature 228 residences consisting of two- to five-bedroom units. The masterplan and building are designed by world-renowned architect Kohn Pedersen Fox (KPF) and interiors by acclaimed Parisian designer Tristan Auer. With panoramic vistas of Biscayne Bay, the Residences at Mandarin Oriental, Miami, also feature Mandarin Oriental’s legendary service through its unparalleled array of world-class amenities.

Since the 1970s, Swire has fostered a substantial, long-term development plan for Brickell Key through various investment projects on island, including the development of the Residences at Mandarin Oriental, Miami, and the new Mandarin Oriental Hotel, both of which boast the unsurpassed world-class design, legendary service, and sophistication for which the Mandarin Oriental brand is known.

Construction is expected to begin in 2025 with occupancy from 2029.

Renderings via The Boundary and The Residences at Mandarin Oriental

For more information about The Residences at Mandarin Oriental or to inquire about purchasing a unit please fill out the form below:

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