Cipriani Residences Miami Rises to Become The Tallest Residential Tower South of Manhattan Passing 872 Feet

Cipriani Residences Miami, the first ground-up residential development in the Americas by the iconic Cipriani brand, has reached 872 feet, officially becoming the tallest residential tower south of New York City. As it continues its ascent toward an anticipated height of approximately 950 feet, the tower marks a defining inflection point in Miami’s evolution into one of the most consequential luxury residential markets in the United States. The project is expected to be completed in 2027.

Developed by Mast Capital, the milestone is being achieved as construction advances into the building’s final levels, including the forthcoming Penthouse Collection. In surpassing the 868-foot Panorama Tower, Cipriani Residences Miami establishes a new benchmark for residential height in both Miami and the state of Florida, placing it among a limited group of towers redefining the scale and ambition of vertical living beyond traditional gateway cities. The building has advanced at a notable pace, with construction rising at approximately one residential level every several working days, underscoring both execution and sustained demand.

“This milestone reflects a disciplined commitment to craftsmanship and the conviction that buildings of this scale must offer far more than height,” said Camilo Miguel Jr., Founder and CEO of Mast Capital. “What we are seeing is not only the physical rise of Cipriani Residences Miami, but the continued ascent of Miami itself. As global wealth, leading financial institutions, and major companies establish a permanent presence here, expectations around design, service, and overall quality have fundamentally evolved. Our responsibility has been to respond with a level of precision, rigor, and execution that defines its own standard. The residences at the pinnacle of this tower embody that ambition in its most refined expression.”

Cipriani Residences Miami now stands as one of Brickell’s most vertically ambitious residential towers, introducing a scale and presence more often associated with established markets such as Manhattan. Its prominence within the skyline reflects a broader shift in buyer expectations, where elevation, discretion, and a fully integrated standard of service have become defining elements of contemporary residential living. The project has already achieved significant sales to date, with a globally diversified buyer base spanning the United States, Latin America, and Europe.

Now reaching the level of The Penthouse Collection, the project enters its most rarefied phase. With architecture by Arquitectonica, under the direction of Bernardo Fort-Brescia, Cipriani Residences Miami will feature 397 one- to four-bedroom homes with interiors by 1508 London, reflecting the brand’s signature elegance through a refined palette of warm neutrals and rich wood tones. Positioned at the tower’s highest elevations, The Canaletto Collection, a limited offering of ultra-luxury homes, represents the ultimate expression of the building, where scale, craftsmanship, and Cipriani’s hospitality ethos converge. The most exceptional and final inventory sits at the very top, offering unobstructed views of the city skyline and Biscayne Bay as well as a level of privacy, refinement, and scarcity rarely achieved in the market.

“In conceiving Cipriani Residences Miami, we were inspired by the timeless connection between Venice and the water,” said Bernardo Fort-Brescia, Founding Principal of Arquitectonia. “The sweeping curving glass terraces reflect both the sky and Biscayne Bay, allowing the tower to feel connected to its South Florida setting. And as the tower reaches the skies, it dissolves into a series of terraces that define a unique profile.”

Cipriani Residences Miami offers a hospitality-led lifestyle anchored by more than 50,000 square feet of amenities, including a resident-only restaurant, private dining experiences, a 37th-floor speakeasy, a resort-style pool deck with cabanas, and a comprehensive wellness program. Residents will also benefit from Cipriani’s signature service, including in-home dining and concierge offerings, extending the brand’s legacy into a fully residential setting.

Set within Brickell, the city’s financial core, the tower rises at the center of one of the most dynamic economic transformations in the United States. Over the past several years, Miami has attracted an unprecedented influx of high-net-worth individuals, institutional capital, and global firms, with more than 300 financial companies now operating in the region. This sustained migration has repositioned Brickell as a true international business and lifestyle hub, where demand for primary residences continues to accelerate.

Sales and marketing efforts for the project are handled exclusively by Fortune Development Sales, with Residences starting from $1.8 million and The Canaletto Collection Residences starting from $4.1 million.

Renderings via The Boundary

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PMG Launches One Twenty Brickell Signature Residences With Deeded Private Office Suites Following Sellout of First Tower

National developer PMG has launched sales for One Twenty Brickell Signature Residences, a 40-story luxury condominium tower rising in the heart of Brickell. This announcement comes a few months after the successful sellout of the first tower, One Twenty Brickell Residences, and continues PMG's pioneering concept of pairing luxury residences with individually deeded private office suites. Construction is already underway, backed by a secured construction loan, with PMG Residential exclusively representing sales for the project.

"The sellout of One Twenty Brickell Residences, combined with the sustained demand we continue to see from Brickell's growing professional community, made the case for this next chapter," said Ryan Shear, Managing Partner at PMG. "One Twenty Brickell Signature Residences was designed to deliver a more elevated and flexible living experience, one that empowers residents to tailor their home to their lifestyle. Whether Miami is your primary residence or your base for business, this tower was built for you."

Designed by internationally renowned architecture firm Sieger Suarez Architects, One Twenty Brickell Signature Residences offers 467 fully furnished residences with floor plans ranging from studios to spacious three-bedroom homes. Each residence features curated flooring options, fully-integrated Italian kitchens with custom countertops and backsplashes, a premium appliance package including Miele, custom kitchen and bathroom cabinetry by Italkraft, WaterWorks bathroom fixtures, finished floors and walls in all wet areas, a contemporary lighting package, and fully built-out primary bedroom closets. Residences are further equipped with integrated smart home technology, allowing residents to personalize their environment seamlessly at the touch of a button.

At the heart of One Twenty Brickell Signature Residences is its collection of individually deeded private office suites, located within a dedicated portion of the building with its own reception area. Each suite is deeded individually to residents upon purchase of their condo unit and features a glass-enclosed design with secure locking access, a dedicated desk and chair, two guest seats, a refined wallpaper accent wall, TV wiring, and complimentary Wi-Fi. Residents also have access to a reservable conference room fully equipped for professional meetings.

Beyond the office, residents will enjoy access to an impressive collection of more than 50,000 square feet of amenities and services, thoughtfully curated to enhance every aspect of daily life. The One Twenty Signature Club is a private members' style lounge where relaxed, chic design meets a dynamic social atmosphere. Highlights of the club include the resort-style pool with lounge areas overlooking captivating views of Miami. Owners will also have access to the One Twenty Brickell Signature Wellness center, which features a wellness spa with therapeutic steam, sauna, plunge pools, and treatment rooms, a state-of-the-art fitness studio with the latest high-tech exercise equipment and a rejuvenating movement studio, along with a cafe & juice bar.

One Twenty Brickell Signature Residences sits at the center of Brickell, Miami's thriving financial and cultural hub, often dubbed the "Wall Street of the South." Residents are steps from world-class dining, premier luxury retail, and premier destinations such as Brickell City Centre and Mary Brickell Village, with seamless connectivity to Downtown Miami, South Beach, and beyond via the neighborhood's robust transit options. As businesses and top executives continue to establish roots in Brickell, One Twenty Brickell Signature Residences positions its owners at the epicenter of one of Miami's most dynamic and fast-growing neighborhoods.

Renderings via ARX Creative

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Swire Properties Implodes Mandarin Oriental Hotel on Brickell Key Paving The Way For The Residences at Mandarin Oriental, Miami

Miami’s Brickell Key is entering a new era with The Residences at Mandarin Oriental, Miami, an ultra-luxury development comprising private residences and a new hotel, following the successful demolition of the building that housed the city’s former Mandarin Oriental Hotel. The milestone marks a significant step forward for the new development, which has achieved $1.3 billion in residential sales – including last month’s record-breaking dual penthouse sales totaling $100 million – ahead of groundbreaking later this year.

“Mandarin Oriental has been a defining part of Brickell Key for more than two decades, and the brand’s legacy will live on with the development of two towers set to transform residential living and hospitality in Miami,” said Dave Martin, President of Swire Properties. “With demolition now behind us, our team is eager to get going with vertical construction as we entertain buyers from across the U.S. and around the world.”

The controlled-implosion of the 23-story hotel and its adjacent six-story parking structure took place in a matter of seconds on the morning of Sunday, April 12th, clearing the site for The Residences at Mandarin Oriental, Miami, which will feature 228 private residences in the South Tower and 70 private residences, 28 turnkey hotel collection residences, and what is destined to be the brand’s new North America flagship hotel with 121 keys in the North Tower.

The existing structure came down in a controlled manner as part of a carefully orchestrated demolition process that required nearly two years of planning and coordination among specialized experts – including The BG Group LLC, Controlled Demolition Inc., and Moss Construction – working in collaboration with the City of Miami.

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At the start of 2025, Swire Properties launched a comprehensive community outreach and safety initiative to support the implosion process. This included more than 30 meetings with Brickell Key residents and the broader Brickell community, distribution of protective materials to neighboring buildings, and detailed safety guidance for nearby residential, commercial, and restaurant operators. On-site measures included the installation of perimeter container walls and temporary barges, as well as the deployment of vibration and air quality monitors across Brickell Key. In addition, Swire and its team of experts conducted a pre-implosion survey of Biscayne Bay, which will be compared against post-implosion findings to ensure the marine environment remains unaffected.

Crews will now undertake a debris removal process from the site that will last up to six months, with material set to be cleared from the site in a tightly choreographed manner. Preparations for groundbreaking are underway, with the groundbreaking ceremony expected to take place later this year. Construction is expected to last approximately four years, with delivery anticipated in 2030.

Renderings via RMOMIA, Tower Rendering via Binyan Studios

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BI Group USA Breaks Ground on Amenity-Driven, Wellness-Designed Parkside Residences in Brickell

BI Group USA, the North American arm of Central Asia’s largest developer, BI Group, has broken ground on the Kobi Karp-designed Parkside Residences at Brickell, its highly anticipated, wellness-focused residential project.

The now-under-construction condominium, located at 1741 SW 2nd Ave., is an eight-story, 187-unit residential development positioned in the heart of Brickell, one of the fastest-growing and most dynamic urban neighborhoods in the country.

The milestone was commemorated with a morning ceremony at the project site featuring live music, curated hors d'oeuvres and drinks. Guests enjoyed a preview of the development’s updated wellness-focused design and amenities through an interactive gallery wall and word search game where they had the chance to win premium prizes.

Olzhas Ayazbayev, CEO of BI Group USA, Daniel de la Vega, President of ONE Sotheby’s International Realty, Luis Leon, President of Winmar Construction, and the morning’ special guest, Aman Omarov, CEO of BI Group International, all spoke to the vision and dedication behind the BI Group’s first U.S. project.

“Parkside isn’t just a response to Miami’s growth, it’s a statement about where global urban living is going next,” said Olzhas Ayazbayev, CEO of BI Group USA. “As Brickell emerges as a true live-work-play neighborhood, we combine over 30 years of global expertise with local insight to create communities like Parkside that foster happiness and support this focus shift to wellness, connection and seamless living.”

The groundbreaking follows the unveiling of Parkside’s recently enhanced amenity offerings. Designed to reflect the continued evolution of urban living in Miami, wellness, convenience and connectivity are becoming central to the Parkside residential experience.

Designed by nationally acclaimed architect Kobi Karp, Parkside reflects a broader shift in buyer demand toward more intentional, experience-driven living. The development integrates fitness, wellness, social and workspaces into a cohesive residential environment, allowing residents to live, recharge and connect without leaving the building.

“We’re seeing a clear shift in the market where amenities are no longer an added benefit, but a deciding factor,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “Today’s buyers value convenience, wellness and social experience as much as location, and Parkside is designed to deliver that in a meaningful and elevated way.”

Key development amenities include a rooftop pool deck and lounge with panoramic views of Brickell, a Technogym-equipped fitness center and cycling studio, dedicated yoga and mindfulness spaces, a full spa and wellness circuit with hot and cold plunge pools, coworking lounges, and lifestyle-driven amenities such as EV charging and pet-friendly features.

Parkside’s architecture emphasizes openness, natural light and a strong connection to the surrounding environment. Expansive balconies, integrated greenery and a contemporary architectural palette create a modern residential experience that reflects Brickell’s energy while offering a sense of retreat.

Winmar Construction will lead the construction of the project, bringing decades of experience in delivering high-quality residential, hospitality and commercial developments across the region.

“Project like Parkside demand both precision and adaptability, as they’re ultimately defined by how well they’re built,” said Luis Leon, President of Winmar Construction. “With our experience in complex, dense urban development environments, we are excited to bring this project to life and ensure it is built with the craftsmanship and attention to detail that it deserves.”

Parkside residences will feature modern finishes, furnished layouts, enlarged windows and thoughtfully designed interiors by 2ID Interiors that enhance comfort and functionality. Units are expected to start from the low $400,000s.

Construction will begin immediately following the groundbreaking, with completion anticipated in Q2 2028.

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BI Group Reveals Wellness-Focused Amenities At Parkside Brickell

BI Group USA, the North American arm of Central Asia’s largest developer, has revealed a fully reimagined set of amenities at its Parkside development, setting a new standard for urban living in Brickell. Integrating fitness, relaxation and social interaction, the enhancements are designed to create a holistic wellness and lifestyle experience that reflects both the vibrancy of the city and the needs of today’s residents.

In one of the country’s most competitive and design-forward markets, Parkside is intentionally positioned to reflect the growing demand for holistic urban living, where residents seek environments that support not only where they live, but how they live.

Key amenities upgrades include:

• Rooftop Pool Deck & Lounge – expanded outdoor pool deck with lounge areas, a rooftop bar and a dedicated BBQ kitchen, offering panoramic views of Brickell.

• State-of-the-Art Fitness Center & Cycling studio – outfitted with premium Technogym cardio and strength equipment, including bikes for group classes and private lessons.

• Yoga & Mindfulness Room – dedicated space supporting wellness, meditation and mindful living, complemented by a second-floor Zen Garden for added relaxation.

• Spa & Wellness Circuit – enhanced spa area with steam room, sauna, hot and cold plunge pools and a salt relaxation zone, providing a full wellness experience.

• Coworking Lounges & Guest Spaces – flexible workspaces including private conference rooms and a guest lounge, alongside a healthy snack bar offering fresh, wellness-oriented products.

• Lifestyle-Driven Additions – EV charging stations, pet-friendly amenities, attended front desk and secure package room.

“By expanding our wellness, social and workspaces, we’re creating a community where residents can live, recharge and connect, all without leaving the building,” said Olzhas Ayazbayev, CEO of BI Group USA. “Thoughtfully designed, all-in-one environments are setting the new standard in Miami, streamlining daily life while elevating the overall living experience.”

“We’re seeing a clear shift in the market where amenities are no longer an added benefit, but a deciding factor,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “Today’s buyers value convenience, wellness and social experience as much as location, and Parkside’s amenity offerings reflect that evolution, positioning it strongly within Brickell’s competitive landscape.”

Parkside is an eight-story, 187-unit residential development located at 1741 SW 2nd Ave. in the heart of Brickell. Designed by nationally acclaimed architect Kobi Karp, the building has been conceived to support a modern, wellness-oriented lifestyle within one of Miami’s most dynamic neighborhoods.

Complementing the amenity offerings, the property also features coworking spaces and thoughtfully designed residences starting from the low $400,000s.

Each residence is curated to enhance comfort and daily living, featuring modern finishes, furnished layouts, enlarged windows and strategically placed side facades that bring in abundant natural light. Ground-level natural limestone provides a refined, premium base to the development, while upper floors showcase a light, contemporary palette that complements the building’s wellness-focused amenities.

The building’s updated architectural vision reflects this shift toward wellness-oriented living, emphasizing openness and a stronger connection to the surrounding environment. The refreshed exterior introduces expansive balconies with park-facing views and integrated greenery, creating a lighter, more contemporary residential aesthetic that enhances the indoor-outdoor experience and forms an urban oasis in the heart of Brickell.

Parkside will begin construction in April, with completion anticipated for Q2 2028.

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Swire Properties' The Residences at Mandarin Oriental, Miami Completes Two Record-Setting Penthouse Sales Totaling Nearly $100 Million

Swire Properties has announced the sale of its two crown jewel penthouses at The Residences at Mandarin Oriental, Miami, each at a record setting $49.9 million. Sold to separate buyers within two weeks of each other, the nearly $100 million in combined sales – approximately $6,300 per sq. ft. – mark the highest-priced condominium transactions in mainland Miami history and underscore sustained demand for the world-class enclave.

With these transactions, The Residences at Mandarin Oriental, Miami has surpassed $1.3 billion in total sales across its two towers, with February alone generating more than $90 million in sales. Pre-development work remains ahead of schedule, with groundbreaking anticipated in late 2026

“The record-setting sales of our two penthouses are a defining moment for The Residences at Mandarin Oriental, Miami and a testament to the enduring confidence in Swire Properties’ legacy on Brickell Key,” said Dave Martin, incoming President of Swire Properties Inc. “Setting a new benchmark for ultra-luxury living with the highest price per square foot ever achieved in mainland Miami, these sales affirm Miami’s status as a global destination and the strength of the Mandarin Oriental brand among discerning buyers who value timeless elegance and world-class service.”

Two penthouse sales prior to groundbreaking are an extraordinary achievement in the luxury residential market, affirming the enduring appeal and unmatched stature of The Residences at Mandarin Oriental, Miami. The milestone reflects buyers’ confidence not only in the enduring prestige of the Mandarin Oriental brand and Swire Properties’ proven track record, but also in the vision of the project’s world-class design team, whose architectural, interior and landscaping expertise has resonated with the most sophisticated audience.

Located on Brickell Key, the exclusive island enclave developed by Swire Properties in the heart of Miami, each two-story penthouse encompasses nearly 8,000 square feet of interior living space atop the development’s 66-story South Tower. Combining the scale and privacy of a standalone estate with the service and ease of resort living, each residence features an expansive rooftop terrace integrated into its bi-level design, complete with a private lap pool, built-in bar, and panoramic views spanning Biscayne Bay, the Atlantic Ocean, and the Miami skyline.

Each penthouse includes five bedrooms, seven bathrooms, three powder rooms, and a library. Private elevators open into a grand entry foyer and expansive entertaining spaces. A gourmet Molteni&C kitchen with Gaggenau appliances is complemented by a separate chef’s kitchen. Additional features include a wine bar, sauna, staff quarters, and private storage adjacent to the residence.

“These milestone sales mark a significant moment for The Residences at Mandarin Oriental, Miami and reflect the extraordinary success the project has achieved since launch,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The sale of both penthouses speaks to the strong global demand for exceptional branded residences and highlights the momentum this landmark project continues to generate, not only in Miami, but across the new construction market.”

These penthouse sales are the latest signal that affluent buyers continue to gravitate toward Miami and South Florida. In 2025, the region’s ultra-luxury segment recorded one of its strongest years ever, with closings above $10 million reaching the second-highest total on record, according to the MIAMI Association of Realtors. Early 2026 activity indicates heightened demand from buyers relocating from high-tax states such as California and New York – with these dual penthouse transactions serving as a clear indicator of that sustained momentum.

Designed by globally renowned architecture firm Kohn Pedersen Fox (KPF), The Residences at Mandarin Oriental, Miami unfolds across two distinct towers. The 66-story South Tower is dedicated to 228 private residences, while the 33-story North Tower introduces 70 private residences, 28 turnkey Hotel Collection residences, and 121 hotel guest rooms – seamlessly integrating residential ownership with Mandarin Oriental’s signature hospitality.

The South Tower’s amenities and common spaces are envisioned by acclaimed Parisian designer Tristan Auer, bringing a refined, hospitality-driven sensibility to shared environments. The North Tower’s private residences are imagined by AD100 designer Laura Gonzalez, defined by warmth, craftsmanship, and richly layered detailing. Together, the interiors reflect the project’s dual-tower composition – each with its own character, unified by a shared standard of design excellence.

Floorplans range from two- to five-bedroom residences in the South Tower, while the North Tower offers two- to four-bedroom private residences alongside turnkey Hotel Collection residences. Homes are defined by floor-to-ceiling glass sliding doors, private elevators and entry lobbies, and expansive living areas that blur the line between indoor and outdoor living – all thoughtfully oriented to capture sweeping vistas of the ocean, bay and city skyline. Kitchens feature custom Italian cabinetry, state-of-the-art appliances, and natural stone countertops, while bathrooms are appointed with marble flooring, natural stone vanities, and private water closets in each primary suite. Optional infrared saunas are available in select residences.

Seamlessly connecting the North and South Towers is a 100,000-square-foot, multi-tiered, resort-style amenity podium serviced by Mandarin Oriental Hotel Group and defined by the brand’s legendary standards. Conceptualized by Thailand-based landscape architect SHMA, the lushly landscaped podium includes an immersive forest walk woven through verdant gardens.

The amenity collection includes two state-of-the-art fitness centers, 11 resort-style pools cascading across multiple levels with private cabanas, wellness cabanas for outdoor treatments, and dining pavilions with outdoor grills. Residents also enjoy warm and cold plunge pools, curated social lounges, a business lounge with private meeting rooms and conference suite, library and coffee bar, a multi-use sports court, game room with billiards and indoor golf simulator, private screening lounge, and a dedicated children’s club. Within the hotel, residents have access to Mandarin Oriental’s award-winning signature spa, globally recognized for treatments blending ancient healing traditions with modern luxury.

Pricing for the remaining South Tower residences begins at $6.6 million, with North Tower Residences starting at $3.9 million. Fortune Development Sales is exclusively managing sales for The Residences at Mandarin Oriental, Miami.

Renderings via RMOMIA, Tower Rendering via Binyan Studios

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North Development Launches House of Wellness Brickell, Debuting Wellness-Driven Residential Brands First Development

North Development has launched House of Wellness, a new wellness-integrated residential brand designed to make wellness-driven, high-design urban living more accessible. The brand’s first project, House of Wellness Brickell, is officially launching sales this month.

The debut of House of Wellness follows the success of North Development’s first residential concept, Domus FLATS, which achieved strong demand and sell-out performance across its projects. Building on that momentum, House of Wellness introduces a flexible condominium product that aligns wellness, hospitality-inspired services, and efficient design built for today’s urban living demands.

What truly sets House of Wellness apart is its Integrated Wellness Method, a structured, ongoing wellness program built directly into daily life, connecting personalized health assessments, curated services, and community programming into a seamless living experience.

“House of Wellness reflects how people want to live and invest today,” said Ricardo Dunin, Founding Partner of North Development. “We’ve seen firsthand with Domus that efficient, design-led residential concepts resonate strongly with the market. We believe that wellness focused buildings have been solely affordable by wealthy buyers for too long. It is time to make wellness accessible to everyone. “

The building unveils over 22,000 square feet of dedicated wellness, fitness, and lifestyle programming, anchored by a rooftop deck on the 35th floor with a rooftop club room and panoramic city and bay views. The brand’s Integrated Wellness Method begins with a full-body assessment and personalized baseline for each resident, followed by ongoing evaluations to track progress over time. Wellness is supported through access to on-site professionals and guided programming, all overseen by a dedicated Lifestyle Director who curates wellness, social, and educational experiences. This ensures that the offering remains active, measurable, and seamlessly integrated into daily life through intelligent technology and a dedicated wellness app. Residents also have access to on-site nutritional and fitness experts charged with creating tailored programs for holistic well-being.

The building’s wellness and lifestyle amenities include a full-service spa, including a hammam, sauna, steam room, cold plunge, indoor and outdoor fitness facilities, treatment rooms, co-working spaces, social area, juice bar and pantry, podcast room, hair salon, ground-floor urban lounge, and pet-friendly amenities including a dog spa and dog park.

Located at 152 SW 9th Street in Brickell, adjacent to The Underline and the Metromover, and within walking distance of Mary Brickell Village and Brickell City Centre, House of Wellness Brickell sits at the center of Miami’s most connected urban district. Rising 34 stories, the tower will house 656 condominium residences, with a curated mix of studio, one-, and two-bedroom floor plans starting at $390,000.

“Our work has always been about building systems, not just buildings,” said Juan Carlos Tassara, Founding Partner of North Development. “With House of Wellness, we’re applying lessons from 70 delivered projects to create a residential concept that aligns wellness, hospitality, and long-term investment performance.”

House of Wellness Brickell also incorporates a building-wide water purification system in partnership with CLEAR.

Architecture is led by MC+G Studio, with interior design by Urban Robot. Residences are intentionally compact, pairing smart layouts with bold, contemporary design to deliver a highly livable, design-led urban experience. The building will be professionally operated and managed by North Management, North Development’s in-house management arm.

Sales for House of Wellness are underway and will be marked by a celebration in March, followed by the opening of the project’s sales gallery. Exclusive sales and marketing are being led by Fortune Development Sales.

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Sotheby's Concierge Auctions Brings Tri-Level Trophy Penthouse at Brickell Flatiron Currently Listed For $14.9 Million To Sell at Auction

A breathtaking tri-level trophy penthouse within Brickell’s iconic Flatiron is set to sell at auction via Sotheby’s Concierge Auctions in cooperation with Jonathan Garcia and Elena C. Bluntzer of ONE Sotheby’s International Realty. Listed for $14.9 million, bidding will open on 18 February via the firm’s online marketplace and culminate live on 28 February during ModaMiami, the ultimate luxury event on the East Coast.

Built for a new generation of discerning car enthusiasts, ModaMiami caters to true connoisseurs of style. Returning for a second year, Sotheby’s Concierge Auctions will feature some of the finest Sotheby's-represented properties alongside rare and collectible automobiles during its auction event at The Biltmore Hotel Miami - Coral Gables in partnership with RM Sotheby's, as the world’s leading auction house for rare and collectible cars and the world's leading auction house for luxury real estate, come together. Bidding will continue online throughout March.

“This penthouse offers a rare combination of scale, privacy, and design flexibility at the top of one of Miami’s most iconic residential towers,” said Chad Roffers, CEO and Co-Founder of Sotheby’s Concierge Auctions. “Presenting this property through a time-certain auction allows us to connect it with qualified global buyers who recognize the opportunity to create a truly bespoke residence in the heart of Brickell.”

Soaring across three private floors accessible by a dedicated in-residence elevator, the over 7,800-square-foot penthouse represents the pinnacle of designer-ready luxury in Miami’s most prestigious financial district. Triple-height ceilings and floor-to-ceiling impact glass frame more than 200-degree panoramic views of the city skyline and Biscayne Bay, while expansive wraparound terraces on every level extend the living experience outdoors. Vast open-plan interiors offer an unprecedented canvas for bespoke customization, with five bedroom suites, seven full bathrooms, and two powder rooms in a rare corner configuration.

“This is a one-of-a-kind offering within Miami’s urban core,” added Garcia. “From its dramatic vertical volume and panoramic views to its private rooftop pool, the penthouse offers a level of architectural presence and lifestyle potential that is exceptionally rare. Partnering with Sotheby’s Concierge Auctions and RM Sotheby’s for ModaMiami allows us to introduce this extraordinary residence to a worldwide audience actively seeking the finest in trophy assets and luxury offerings.”

The crown jewel of the residence is the ultra-private rooftop, where an exclusive pool and expansive entertainment terrace create an extraordinary sanctuary beneath an endless sky. With sweeping sunrise-to-sunset vistas, a prepared wet bar, and space designed for alfresco gatherings, the rooftop offers a level of privacy, scale, and versatility seldom found in urban luxury living. Completed in 2020, Brickell Flatiron combines architectural distinction with modern systems and premium building amenities.

Residents of the Brickell Flatiron enjoy five assigned parking spaces with valet service, 24-hour security and a doorman, a state-of-the-art fitness center, a resort-style pool and spa, a clubhouse and business center, and secured elevator access—all moments from acclaimed dining destinations including Zuma, Sexy Fish, Komodo, and Delilah, as well as cultural attractions such as Pérez Art Museum Miami and Wynwood Walls. Luxury shopping, pristine beaches, marinas, championship golf courses, and world-renowned events, including Art Basel Miami Beach, complete the unparalleled lifestyle offering.

As part of Sotheby’s Concierge Auctions' Key For Key® giving program in partnership with Giveback Homes, the closing will result in funding towards new homes built for families in need. Agents will be compensated according to the terms and conditions of the Listing Agreement. Brickell Flatiron was developed by Ugo Colombo’s CMC Group and delivered in 2020 and is home to the popular restaurant Sexy Fish.

Imagery and Renderings via Lux Media Group and Carol Villela

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BI Group USA Names ONE Sotheby's International Realty as Exclusive Sales Brokerage For Parkside Development in Brickell

BI Group USA, the North American arm of Central Asia’s largest developer, has announced that ONE Sotheby’s International Realty has been named the exclusive sales and marketing broker for its flagship Parkside development in Miami’s Brickell Financial District.

“We are delighted to partner exclusively with ONE Sotheby’s International Realty to showcase the exceptional lifestyle and investment opportunities at Parkside,” said Olzhas Ayazbayev, CEO of BI Group USA. “Miami, and Brickell in particular, represents a dynamic market for us, and we are confident that ONE Sotheby’s International Realty’s expertise will ensure that Parkside reaches its full potential for buyers seeking both investment and lifestyle opportunities.”

“We are honored to represent a project that is uniquely positioned to meet the lifestyle needs of today’s buyers and investors seeking flexibility, design and convenience in one of Miami’s most in-demand neighborhoods,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “BI Group has an outstanding reputation globally, and we look forward to bringing their vision to life in Miami.”

Located at 1741 SW 2nd Avenue, Parkside is an eight-story, 187-unit condo-hotel in the heart of the Brickell financial district. Designed by internationally acclaimed architect Kobi Karp, the building features rental-friendly units with flexible leasing options, catering to both short-term and long-term residents.

Parkside offers a range of flexible, rental-ready layouts including studios from 381–672 sq. ft., one-bedroom residences from 615–924 sq. ft. and two-bedroom residences from 700–1,208 sq. ft. Remaining units start at the low $400,000s.

The development offers a full suite of wellness and lifestyle amenities including a rooftop pool, gym, yoga and cycling rooms, hot and cold plunge facilities, and dedicated coworking spaces designed for productivity and modern urban living. Additionally, professional property management oversees operations and rental services, offering flexibility and ease of mind when renting it out.

As BI Group continues its expansion into the U.S. market, the company strategically selected Brickell for its unique combination of global appeal, strong investor demand and walkable urban lifestyle. As Miami’s financial and cultural hub, Brickell offers immediate access to top dining, retail and business centers, making it an ideal setting for a rental-friendly, design-driven project like Parkside.

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

Oak Row Equities and OKO Group Close Largest Land Acquisition in Florida With $520 Million Waterfront Land Deal in Brickell

Oak Row Equities, a leading vertically-integrated real estate private equity and development company with over $4 billion of development in South Florida, OKO Group, the Miami-based development company founded by international investor and luxury real estate developer, Vlad Doronin, and Mariposa Real Estate have successfully completed the single largest land acquisition in Florida. The joint venture closed on the $520 million purchase of Aimco’s 4.25-acre waterfront parcel—located at 1001 and 1111 Brickell Bay Drive—with 485 feet of continuous Biscayne Bay frontage.

TYKO Capital is the senior lender, providing a $464.5 million acquisition and predevelopment loan. Positioned in the heart of Miami’s Brickell financial district, the overall site is zoned for over three million square feet of development, allowing for multiple towers that can rise up to 1,049 feet. The assemblage, the largest and last remaining developable site of this scale in Brickell, will feature an ultra luxury destination that redefines the future of holistic living and leisure. The first phase of development will feature a hotel and branded condominiums.

“Closing on Brickell Bay Drive is a historic moment for our growing firm—a milestone that speaks to the caliber of our team—and for the future of Miami. We are honored to partner with OKO Group to create a globally-coveted experience and new way of living that is singular to this once-in-a-lifetime waterfront site,” said Erik Rutter and David Weitz, Managing Partners at Oak Row Equities. “Tyko Capital has been an incredible partner and a true pleasure to work with. Their financing is a powerful validation of the underlying fundamentals of this exceptional transaction, and we are grateful for their partnership and belief in the unprecedented growth ahead for South Florida.”

“This landmark acquisition represents a pivotal moment for Miami and reinforces OKO Group’s long-term commitment to elevating the city’s global profile,” said Vlad Doronin, Founder and CEO, OKO Group. “Brickell’s final remaining waterfront site of this scale provides a rare opportunity to create an iconic mixed-use development that will set a new benchmark for design, wellness, and luxury hospitality in the United States. We are pleased to collaborate with Oak Row Equities, whose vision and expertise align with our ambition to deliver enduring value and an unparalleled lifestyle experience for residents and guests on Biscayne Bay.”

Oak Row Equities has rapidly ascended as a preeminent development firm in the South Florida real estate industry. Wynwood Plaza, the largest mixed-use development in Wynwood, is home to Amazon’s South Florida headquarters and 509 brand new luxury rentals. Oak Row assembled the land for this project in the largest off-market transaction in Wynwood’s history.

2900 Terrace, a premier luxury multifamily tower in Miami’s vibrant Edgewater submarket, broke ground in October following the close of a $142.5 million senior loan from Bank OZK and a $68.0 million mezzanine loan provided by Canyon Partners Real Estate. 2600 Biscayne, a 41-story Class AAA office and multifamily tower in Edgewater and currently under construction, was funded by a $181M construction loan from Bank OZK with over 50% of the commercial space pre-leased.

Simultaneously, ORE is finalizing plans for First & Fifth, a brand new luxury multifamily tower designed by ODP Architects, that will rise across the street from MiamiCentral Station – the hub of all four major train systems in South Florida. ORE is also advancing permits for Venus, a 440-unit multifamily project in North Miami Beach.

OKO Group builds on the formidable expertise of Doronin, one of the most successful and respected international developers, and his peerless track record in constructing world-class office, retail and luxury residential space over a total of 82 buildings.

OKO Group’s current U.S. portfolio of prime properties and development projects include 830 Brickell, a Class A-plus office tower in Miami’s Brickell Financial District; two luxury residential developments in Miami, Missoni Baia in Edgewater and Una Residences in Brickell; Aman Miami Beach, spanning two oceanfront buildings at 3425 Collins Avenue; the Crown Building in New York City, which opened in 2022 as Aman New York at the crossroads of Fifth Avenue and 57th Street; and One Beverly Hills, a 17.5-acre multi-billion dollar master planned development in partnership with Cain International which will include Aman Beverly Hills which will encompass an Aman hotel, branded residences, and a private club.