Swire Properties Sells Brickell City Centre Retail and Parking Components to Simon Property Group For $512 Million

In a significant real estate transaction for Miami’s urban core, Swire Properties Inc. has finalized the sale of its interest in the retail and parking components of Brickell City Centre to Simon Property Group for approximately $512 million. The deal marks the conclusion of a decade-long partnership between the two firms and further consolidates Simon’s presence in one of Miami’s most high-profile mixed-use developments.

Prior to this acquisition, Simon, one of the world’s largest real estate investment trusts focused on premier shopping, dining, and mixed-use destinations, held a 25% stake in the retail component of Brickell City Centre. Swire Properties, the original developer of the project, retained a 75% interest in the retail and full ownership of the parking facilities. With the completion of this transaction, Simon now assumes full ownership and management responsibilities for both the retail and parking at the development.

Completed in 2016, Brickell City Centre has become a defining element of Miami’s evolving skyline and urban experience. The project spans approximately five million square feet and includes a 500,000-square-foot open-air retail center, designed with its signature Climate Ribbon—an architectural canopy that provides shade, enhances airflow, and collects rainwater, contributing to the center’s sustainability features.

The retail center stretches across three city blocks and offers four levels of shopping, dining, and entertainment, anchored by Saks Fifth Avenue and home to more than 90 retail stores, including Apple, Chanel Fragrance & Beauty Boutique, Nike, Coach, Zara, and Richard Mille. Dining and entertainment options range from Casa Tua Cucina and Motek to CMX’s luxury cinema and PuttShack, reinforcing Brickell City Centre’s position as a premier lifestyle destination.

Swire Properties described the divestment as part of its ongoing capital recycling strategy, which focuses on reallocating resources into new growth opportunities. Proceeds from the sale will support the company’s HK$100 billion global investment plan announced in 2022, with HK$20 billion allocated specifically for residential development projects such as The Residences at Mandarin Oriental, Miami. That project has already surpassed $1 billion in contract sales, with more than 50% of South Tower units sold.

Simon has indicated that it will retain as many members of Brickell City Centre’s existing operations team as possible to ensure a seamless transition. The acquisition consolidates Simon’s position within Miami’s growing retail and mixed-use market, adding another high-profile asset to its portfolio at a time when the Brickell district continues to attract global attention as a center for finance, technology, and luxury development.

Images via Swire Property Group

Gilbane and Palm Beach Atlantic University Finalize $240 Million Mixed-Use Student Housing Development in Downtown West Palm Beach

A major new development is set to reshape downtown West Palm Beach as Gilbane, in partnership with Palm Beach Atlantic University (PBA), has reached financial close on a $240 million public-private partnership aimed at expanding student housing and enhancing the city’s urban core. The project, approved by the Palm Beach County Board of Commissioners, will deliver a 25-story, mixed-use student housing tower at the intersection of Acacia Road and Dixie Highway, adding much-needed residential capacity for the university’s growing student population.

The 319,000-square-foot development will include 990 student beds across 275 apartment-style units, along with extensive amenities designed to enrich campus life and foster community engagement. Additional components include a 28,000-square-foot dining hall, a 14,000-square-foot fitness and recreation center, and an 8.5-level parking garage offering 704 spaces, as well as over 230 stalls for bicycles and e-bikes. The project is funded through revenue-backed bonds issued by Palm Beach County, ensuring no direct use of taxpayer funds.

“This project will provide more housing options for students and help ease pressure on the local housing market,” said Jeffrey Resetco, Senior Development Director at Gilbane Development. “We are committed to delivering state-of-the-art facilities that support student life and contribute to the broader vitality of downtown West Palm Beach.”

The initiative is a collaborative effort among multiple firms, with Gilbane Development serving as project developer, Gilbane Building as the design-builder, and Cube3 leading the architectural design. Urban Design Studio, Shutts & Bowen, and Kimley-Horn contributed expertise in planning, legal, and traffic engineering to secure entitlements and refine the project’s scope. The tower’s design draws from the architectural language and vibrancy of downtown West Palm Beach, aligning with city priorities for connectivity, sustainability, and walkability.

Gilbane, Inc., a private holding company with a more than 155-year history, is one of the oldest and largest family-owned construction, investment, and real estate development firms in the world. Gilbane Development is the project development, financing, and ownership arm of Gilbane, providing a full slate of real estate development and property management services. Gilbane Building is a full-service construction services firm providing preconstruction, general contracting, construction management, and design-build services on some of the nation’s most complex projects. Gilbane’s Public Private Partnership Group has delivered or has underway more than $4.4 billion in P3 projects for healthcare, higher education, K-12 schools, and federal/state/municipal clients.

Construction is slated to begin in summer 2025, with completion targeted for August 2027, in time for the 2027-2028 academic year.

PBA President Dr. Debra A. Schwinn emphasized the project’s significance for both the university and the surrounding community. “This transformative development reflects our commitment to whole-person education and our role in shaping downtown West Palm Beach, now recognized as Wall Street South,” Schwinn said.

The student-focused design incorporates a range of indoor and outdoor spaces to promote academic success, well-being, and social connection. Lounges for games, study, wellness, and relaxation will complement outdoor pathways and landscaped areas aimed at encouraging environmental mindfulness and community interaction. The pedestrian-friendly infrastructure includes ADA-compliant features, smart parking technology, and green elements to integrate the development within the city’s evolving urban environment.

Once complete, the project is expected to bolster student housing capacity, reduce off-campus housing demand, and support West Palm Beach’s ongoing growth as both an educational hub and a destination for investment and development.

Sunset Harbour Office Depot Property Sells for $28.5 Million Overseen by Jordan Karp and Avenue Real Estate Partners, Underscoring Miami Beach’s Commercial Real Estate Strength

A prime commercial property in Miami Beach’s Sunset Harbour neighborhood has traded for $28.5 million, signaling continued investment momentum in one of the city’s most desirable enclaves. The 19,672-square-foot Office Depot building, situated on a 25,000-square-foot lot, was acquired by a private investor in a deal brokered by Avenue Real Estate Partners and Jordan Karp, LLC. The property is located at 1771 West Avenue and serves as a gateway to Sunset Harbour.

The transaction reflects the escalating land value in Sunset Harbour, a mixed-use district known for its proximity to luxury residential developments, waterfront access, and growing commercial presence. Avenue’s Aaron Butler, who represented the buyer alongside Jordan Karp, emphasized that the sale is indicative of Sunset Harbour's evolving role within Miami Beach’s real estate landscape.

“Sunset Harbour continues to be one of Miami Beach’s most sought-after neighborhoods, and this transaction reflects the increasing land value following the success of developments like 18 Sunset,” Butler noted.

Jordan Karp added that Sunset Harbour remains uniquely positioned within Miami Beach's high-end market. “Surrounded by some of the world’s most expensive residential real estate, Sunset Harbour serves as the area’s commercial hub — attracting investors focused on long-term growth opportunities,” Karp said.

The seller, George Jay Ltd. Partnership, was represented by Paul Snitkin of Anderson Carr.

Avenue Real Estate Partners, with offices in Miami Beach and Aspen, Colorado, has established a reputation for guiding high-profile transactions across South Florida’s commercial sector, with over $1 billion in deals completed. Jordan Karp, founder of his namesake brokerage Jordan Karp LLC, is known for orchestrating off-market deals across Miami’s luxury residential and commercial markets, including record-setting property sales on La Gorce Island, Allison Island, and in Brickell. Notable transactions include his $55 million off-market sale of the SLS Brickell Hotel to the Kastrati Group. To date in 2025, Karp has closed over $170 million in transactions.

The $28.5 million sale underscores both investor confidence in Sunset Harbour and the neighborhood’s trajectory as a high-value commercial and residential destination within Miami Beach.

Images via Jordan Karp LLC

13th Floor Investments to Break Ground on Link at Boca, a New Transit-Oriented Development in Boca Raton

South Florida’s push toward transit-oriented living continues as 13th Floor Investments has announced plans for Link at Boca, a mixed-use development set to rise adjacent to the Boca Raton Tri-Rail Station. The project, a public-private partnership with the South Florida Regional Transportation Authority (SFRTA), is scheduled to break ground this summer, delivering a new residential and retail hub designed to enhance connectivity and urban living in one of the region's fastest-growing cities.

The eight-story development will introduce 340 residential units, with a mix of studio, one-, two-, and three-bedroom floorplans ranging from 600 to 1,300 square feet. The residences will feature high-end finishes such as quartz countertops, custom cabinetry, floor-to-ceiling windows, and expansive balconies. Residents will have access to an extensive suite of amenities, including a resort-style pool deck, coworking spaces, wellness facilities, a virtual golf simulator, and outdoor recreation areas. A 650-space parking garage will support both residents and transit users, enhancing the project's role as a mobility hub.

Beyond residential offerings, Link at Boca will incorporate over 24,000 square feet of street-level retail space aimed at serving both the local community and Tri-Rail commuters. The pedestrian-friendly design will feature wide sidewalks, bike paths, landscaped courtyards, and water features reminiscent of Mizner Park. Retail leasing, led by Comras Company, is underway with plans to attract food and beverage, wellness, and lifestyle brands that complement the development’s urban vision.

“This project reimagines the Boca Tri-Rail Station as more than just a transit point—it becomes a vibrant neighborhood where people can live, shop, and connect,” said Arnaud Karsenti, Managing Principal of 13th Floor Investments. “We’re creating a new standard for transit-oriented development in South Florida.”

Link at Boca is part of 13th Floor’s broader strategy to expand its Link-branded developments near major transit nodes. The firm recently completed Link at Douglas in Miami and has plans for Link at SoMi near the South Miami Metrorail Station. Since its inception in 2008, 13th Floor has delivered nearly 4,000 residential units across South Florida, with over 4,800 additional units in the pipeline as the firm continues to expand its residential, mixed-use, and industrial portfolio.

Strategically located off Yamato Road, adjacent to I-95 and near the El Rio Trail, the project offers seamless access to the Boca Raton Innovation Center, Florida Atlantic University, Boca Raton Airport, and various recreational and retail destinations, positioning Link at Boca as a new cornerstone of connectivity and convenience in the city.

Images via 13th Floor Investments

Continuum Company Reveals Expanded Vision for Continuum Waterfront District in North Bay Village

Continuum Company has introduced a new vision for North Bay Village with the unveiling of the Continuum Waterfront District, a proposed two-phase, mixed-use development spanning more than three acres along Biscayne Bay. Master-planned by Continuum, the Commission unanimously approved the plan that will transform Kennedy Causeway into an iconic waterfront destination.

Anchored by the first phase, Continuum Club & Residences and a historic deck at the water’s edge, the Continuum Waterfront District brings together thoughtfully designed residential, hospitality, retail, and recreational spaces. Consistent with the NBV100 Master Plan, the District emphasizes walkability, waterfront access, and lush green civic spaces that connect residents and visitors to stunning Biscayne Bay.

The vision for the Continuum Waterfront District includes two Continuum Club residential condominium towers, a Continuum-branded boutique hotel with rooftop pool and curated lifestyle experiences. The broader district will feature new restaurants and bars, a renovated marina, outdoor wellness areas, and retail storefronts, all of which will contribute to a pedestrian-friendly waterfront lifestyle.

“Our vision for North Bay Village is to transform this waterfront neighborhood into a sought-after destination,” said Ian Bruce Eichner, Chairman and CEO of Continuum Company. “We are extremely appreciative of the support we received from the staff and the Commission as we planned this District in partnership with North Bay Village”.

“The Continuum Waterfront District is our vision of the pinnacle of bayfront living,” said Allie Eichner, President of Continuum Florida. “The Continuum Waterfront District is our opportunity to help shape a neighborhood that celebrates Miami’s unique waterfront lifestyle.”

Continuum Club & Residences, currently under construction and nearly 50 percent sold, is the district’s first phase. The tower features over 60,000 square feet of amenities, including a waterfront resort-style pool, a wellness center with a gym, yoga studio, longevity spa, marina, and curated lifestyle perks such as private yacht club and beach club memberships, as well as a premium membership to Dorsia, an exclusive dining platform. It builds on Ian Bruce Eichner’s legacy, whose development of Continuum South Beach played a pivotal role in transforming Miami’s South of Fifth neighborhood.

Renderings via Continuum Company

For more information about Continuum Club & Residences or to inquire about purchasing a unit please fill out the form below:

Ytech Reveals KPF-Designed 'Seven Broadway' Residential Tower In Brickell

Ytech has revealed plans for 'Seven Broadway,' a luxurious residential tower set to rise in Miami's vibrant Brickell neighborhood. Designed by the renowned architecture firm Kohn Pedersen Fox (KPF), this ambitious project is slated for a prime location at 75 and 41 Southwest 15th Road, just minutes away from the bustling Brickell Avenue. Ytech acquired the .3-acre site, which is currently undergoing demolition, for approximately $8.2 million and also locked down $19.5 million in pre-development financing from Israel Discount Bank . Although specifics regarding the number of residential units and amenities have yet to be disclosed, the design emphasizes unobstructed views of Biscayne Bay and Downtown Miami while enhancing walkability with landscaped tropical plantings and widened sidewalks. Plans have been submitted to Miami’s Urban Development Review Board but no construction timeline has been announced.

Seven Broadway marks a significant step in Brickell's ongoing transformation into an urban residential hub. Ytech's CEO, Yamal Yidios, expressed the firm's commitment to architectural integrity and quality, highlighting that Seven Broadway is the culmination of years of meticulous planning and design refinement. Seven Broadway is nearby The Residences at 1428 Brickell, a 70-story solar-powered tower being developed by Ytech which is currently under construction. Surrounded by a dynamic mix of office, residential, and hospitality spaces, and located conveniently near Metrorail and Metromover stations, Seven Broadway is poised to redefine luxury living in Miami and attract potential residents eager to experience the best of urban lifestyle.

Renderings via Ytech

Inside The Newly Opened Sales Gallery For The $2 Billion St. Regis Resort & Residences, Bahia Mar, Fort Lauderdale

Fort Lauderdale is witnessing an extraordinary transformation with the launch of the sales gallery for the St. Regis Resort & Residences, Bahia Mar, an ambitious $2 billion development that promises to redefine luxury living in South Florida. Designed by the acclaimed London-based studio Tara Bernerd & Partners, the sales gallery showcases the essence of the St. Regis brand, reflecting a deep connection to its surroundings while offering a glimpse into the exclusive lifestyle that awaits future residents.

Located alongside Fort Lauderdale’s iconic megayacht marina—home to the world’s largest in-water boat show (FLIBS)—the new sales gallery features elegantly curated spaces that highlight model residences starting from $3 million. This luxury project, a collaboration between Related Group, Tate Capital, and Rok Acquisitions, aims to create a European-inspired destination, complete with a flagship St. Regis hotel, branded residential towers, and an array of fine dining and upscale retail options.

The recently completed sales gallery introduces potential homeowners to an impeccable design aesthetic, marrying sophisticated interiors with the tropical beauty of South Florida. Douglas Elliman Development Marketing is spearheading the sales effort, emphasizing the residences' exceptional features, which include open, light-filled layouts and wraparound terraces that offer sweeping views of the Atlantic Ocean, Intracoastal Waterway, and Fort Lauderdale skyline.

The St. Regis Resort & Residences will encompass over 40 acres of waterfront property and includes two 23-story residential towers and a luxury hotel featuring 197 guest rooms. With a master plan that promotes both leisure and active living, developers are bringing forth waterfront commercial spaces, a public park, and a 25-foot pedestrian promenade that enhances the coastal experience. An exclusive marina will cater to yacht enthusiasts with slips accommodating vessels up to 350 feet.

The first phase of this monumental development will feature 160 finely appointed condominium homes, available in three- and four-bedroom options ranging from 2,600 to 3,550 square feet. Each residence exudes the allure of a secluded villa, complete with private elevator access and expansive design elements that encourage effortless living and entertaining. Individual units are designed to be bright and airy, featuring large glass terraces that merge indoor and outdoor spaces seamlessly.

In addition to luxurious living quarters, residents will benefit from a wealth of amenities designed for holistic wellness and leisure. Each building boasts 17,000 square feet of interior spaces that include a comprehensive wellness spa, an indoor-outdoor fitness center, a library/media room, private dining options, and a children’s entertainment room. Outdoor terraces promise summer kitchens and engaging recreational options, including a pickleball court and a multisport simulator.

Purchasing a residence within the St. Regis development not only grants access to state-of-the-art facilities but also to a host of elite resort amenities. Owners will enjoy access to two resort-style swimming pools, a fitness center, a signature restaurant with breathtaking water views, as well as the exclusivity of a private residential lobby attended 24/7.

As the ambassador of this lavish project, reality TV star and notable luxury real estate broker Fredrik Eklund brings his star power and expertise to the endeavor, helping to elevate the prestige of Bahia Mar and its iconic hospitality experience.

With the recent opening of the sales gallery, potential buyers can immerse themselves in the luxurious offerings of The St. Regis Resort & Residences, Bahia Mar. It stands as a testament to Fort Lauderdale's evolving landscape—where elegance meets the vibrant spirit of yachting, creating a unique coastal haven for those seeking the pinnacle of luxury living.

Images via Nick Garcia | Renderings via ArX Creative

For more information about The Residences at The St. Regis Bahia Mar Resort, Fort Lauderdale or to inquire about purchasing a unit please fill out the form below:

'The Avenue' Opens Sales Gallery For Bespoke Residences On Naples' Fifth Avenue Featuring Works By Iconic Photographer David Yarrow

In a groundbreaking collaboration that blends world-class art with luxury real estate, five exclusive works by internationally acclaimed photographer David Yarrow will take center stage at the newly unveiled sales gallery for The Avenue—Naples’ most anticipated mixed-use development. Located on Fifth Avenue South, The Avenue promises to redefine luxury living in Southwest Florida, with Yarrow’s bold and visually captivating photography complementing its sophisticated design.

David Yarrow, one of the world’s bestselling photographers, is celebrated for his ability to tell powerful stories through his lens. Each of the five pieces tells a compelling story through Yarrow's unique artistry, transforming the gallery into an immersive space where luxury real estate and fine art converge. Featured works are available for purchase and include:

• The Rancher – Small Artist Proof (34" x 40” Framed)

• 66 Degrees North – Small Artist Proof (36" x 40” Framed)

• More African Tails – Standard (52" x 75” Framed)

• Fully Engaged – Standard Size (52" x 67” Framed)

• Bonnie – Standard (52" x 56” Framed)

Yarrow’s remarkable ability to evoke emotion and connection through his photography perfectly aligns with The Avenue’s architectural vision. The sales gallery becomes more than a place to explore the development’s bespoke residences—it becomes an elevated, immersive experience that invites buyers to envision a lifestyle defined by both beauty and inspiration.

“We are thrilled to feature David Yarrow’s iconic photography in The Avenue’s sales gallery,” said Andy Penev, Developer at APREA. “The collaboration between art and real estate at The Avenue appeals to our sophisticated and stylish clientele and his work adds yet another dimension to complement our luxurious residences.”

David Yarrow’s stunning photography transforms The Avenue’s sales gallery, elevating the experience beyond traditional real estate. Each piece tells a story that embodies the development’s essence—luxury, elegance, and the beauty of nature and humanity. This collaboration seamlessly blends art and real estate, where Yarrow’s work enhances the lifestyle offered by The Avenue, providing prospective buyers a unique connection to the development’s spirit.

Selected pieces are available to purchase now through sales@davidyarrowphotography.com.

Perfectly positioned at the gateway to Old Naples—on Fifth Avenue between 5th and 6th Avenues, and 9th and 11th Streets—The Avenue will feature just 50 bespoke residences, with prices ranging from $3 million to $8 million. The two- to four-bedroom homes boast spacious layouts, curated finishes, and access to world-class amenities. Future residents will enjoy rooftop pools, state-of-the-art fitness facilities, and refined club spaces designed for both entertaining and co-working. Paired with five-star, hotel-inspired services like full-time on-site concierge assistance, 24-hour doorman, private beach Mokes, and exclusive shuttle service.

In addition to its residences, The Avenue offers 75,000 square feet of premier retail and hospitality space, creating a walkable community that promises to be the most sought-after address in Southwest Florida. Lushly landscaped pathways lead to elite dining, boutique shopping, and gathering spaces inspired by the charm of European streetscapes.

The newly unveiled sales gallery provides an immersive preview of the lifestyle that awaits. Guests can explore space designed by Nainoa, meticulously crafted floor plans, intricately detailed architectural models, curated designer finishes that set a new benchmark for sophistication, imported Italian kitchen from Boffi, bespoke sample full and half bathrooms, and fully built out primary closets.

“Demand for The Avenue has already exceeded expectations. Prospective buyers are captivated not only by its design and amenities, but by the lifestyle it represents. The inclusion of David Yarrow’s artwork enhances that connection and we’re excited to bring this collaboration to life,” said Christine Lutz, Director of New Developments for The Dawn McKenna Group—Coldwell Banker’s premier real estate team in Southwest Florida, the Midwest, and Park City, Utah.

Prospective buyers and those eager to experience The Avenue firsthand and see the impressive David Yarrow collaboration are encouraged to visit the sales gallery by appointment only at 375 5th Avenue S, Naples FL, 34102.

Imagery via The Avenue Naples. Renderings via Panoptikon | “The Rancher” via David Yarrow

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

THE ST. REGIS BAL HARBOUR RESORT DEBUTS BH PRIME STEAKHOUSE

The St. Regis Bal Harbour Resort has introduced its first dedicated steakhouse, BH Prime, marking a significant addition to the resort’s dining portfolio. The new restaurant replaces the former BH Burger Bar, transforming the space into a refined, dinner-focused venue that caters to both hotel guests and local patrons. With a design rooted in warm wood, leather, and subtle contemporary touches, BH Prime offers a sophisticated yet approachable atmosphere in line with the resort’s Forbes Five-Star and AAA Five Diamond status.

BH Prime’s menu centers on classic steakhouse offerings with global accents. Highlights include the Miyazaki A5 Japanese Wagyu New York Strip, a 32 oz. USDA Prime Longbone Tomahawk, and a 14 oz. USDA Prime Boneless Ribeye, served with a signature smoking tableside finish. The raw bar features selections like chilled jumbo shrimp, seasonal oysters, and a royal seafood tower, while main courses also include miso-glazed sea bass and Ora King salmon with Mediterranean-inspired accompaniments.

In a nod to the space’s previous identity, a selection of upscale burgers remains on the menu, including a Bison Burger with maple pepper bacon, cambozola cheese, and Buffalo Trace BBQ sauce. The sides and starters are indulgent, ranging from truffle parmesan fries to lobster-infused “Angry Shrimp” and Gruyère mac & cheese.

BH Prime is also introducing a caviar program in partnership with luxury purveyor Petrossian, offering access to rare selections such as Tsar Imperial Ossetra and Royal Daurenki. The bar program was developed in collaboration with international mixologists from Hong Kong, Singapore, and Bangkok, and includes a curated wine list and an inventive cocktail selection. Executive Pastry Chef Nagypsy leads the dessert offerings, with standout items like a salted caramel crème brûlée and a layered chocolate ganache cake served with Cuban coffee ice cream.

The concept was brought to life by by General Manager Carlo Javakhia, a veteran of the global restaurant scene with past projects in Athens, Dubai, and Doha. He’s joined by Executive Chef Adrian Colameco, a Florida native whose cooking blends classical technique with Latin influences. Their leadership is complemented by the resort’s Director of Food & Beverage Fabien Gnemmi, whose Michelin-starred experience across Europe adds further depth to the project.

BH Prime seats 58 guests total and is open daily from 4:30 PM to 11:00 PM. The restaurant is open to the public, and in-room dining service is available for hotel guests. As Bal Harbour continues to attract affluent travelers and residents, BH Prime adds a new layer of luxury to the area's dining scene, positioning itself as a go-to for elegant evening meals in one of Miami’s most upscale beachfront neighborhoods.

Related Group and Merrimac Ventures Secure $160 Million Construction Loan For Waldorf Astoria Residences Pompano Beach As Sales Pass 70%

Leading real estate developers Related Group and Merrimac Ventures, alongside hospitality leader Hilton (NYSE: HLT), have closed on $160 million in construction financing from Bank OZK for Waldorf Astoria Residences Pompano Beach (The Residences). Marking Waldorf Astoria’s first-ever standalone residential development, the property is already elevating the standard for luxury living in Broward County, with only select residences remaining.

“The Residences combine the legendary service and sophistication of the Waldorf Astoria resort properties with the comfort and security of private ownership. It’s a no-compromise lifestyle that immerses residents and caters to their every wish,” said Nick Pérez, President of Related’s Condominium Division. “We’re proud to work alongside our development and financial partners to help propel Pompano Beach as the region’s next premier luxury destination. It is properties such as this one that will help the city reach its full potential.”

Set on two acres of coveted oceanfront, The Residences will offer 92 exclusive condominium homes and an exceptional suite of resort-style amenities and personalized services managed directly by Waldorf Astoria. With world-class design led by Nichols Architects in collaboration with KORA, BAMO, and Enea Landscape, the development positions Pompano Beach as a rising star among luxury destinations.

“This financing marks a pivotal milestone for The Residences and the vision we’ve long held for this iconic oceanfront site,” said Dev Motwani, CEO of Merrimac Ventures. “This property location, design and unmatched lifestyle offerings have resonated with buyers, quickly propelling us past 70 percent sold in a remarkably short timeframe.”

The 28-story tower comprises homes ranging from two to five bedrooms, spanning 2,100 to 6,100 square feet. Each residence boasts private elevator access, floor-to-ceiling windows and oversized balconies with panoramic Atlantic Ocean and Intracoastal Waterway views. The 20,000-square-foot oceanfront pool deck perfectly captures the essence of the property’s seaside experience, enhanced by a private spa, an outdoor bar and dining lounge, and summer kitchens. Residents can also enjoy exclusive access to 200 linear feet of pristine beachfront as well as a private marina with nearly two dozen boat slips.

Beyond its stunning outdoor spaces, The Residences offers more than 15,000 square feet of curated indoor amenities and an extensive list of resident services. Wellness-driven offerings include a state-of-the-art fitness center and a dedicated movement studio, as well as an on-site spa with private treatment rooms and his-and-hers sauna and steam rooms. Residents can also enjoy a variety of entertainment and leisure amenities, such as a ground-floor dining concept, a billiards lounge, a children’s entertainment center and a multi-sport simulator. Additionally, the property will showcase an array of museum-quality artwork from the renowned Jorge M. Pérez Contemporary Art Collection.

True to the Waldorf Astoria tradition of exceptional hospitality, the property’s signature 24/7 resident services include in-residence dining, a personalized concierge, and dedicated beach and poolside service.

“Bank OZK is excited to expand upon our strong relationships with both Related Group and Merrimac Ventures, along with the sponsorship of an industry leader like Hilton, for this extraordinary development,” said Greg Newman, Senior Managing Director of Originations at Bank OZK. “We look forward to seeing how this landmark project enhances Pompano Beach’s coastal legacy and growing prestige.”

For those seeking the pinnacle of coastal luxury, The Residences offers four exquisitely crafted penthouse residences ranging from $16 million to $20 million. Each of these sprawling homes features 70 linear feet of uninterrupted ocean views and wraparound terraces that showcase panoramic vistas of the ocean, Intracoastal Waterway and the dynamic Pompano Beach skyline. The two upper penthouses feature sweeping 3,200- to 3,500-square-foot rooftop terraces, complete with air-conditioned entertainment spaces, summer kitchens and private pools.

Only select homes remain available at Waldorf Astoria Residences Pompano Beach.

Renderings via The Boundary

For more information about Waldorf Astoria Residences Pompano Beach or to inquire about purchasing a unit please fill out the form below: