Terra Breaks Ground on THE WELL Coconut Grove After Locking Down $410 Million Construction Loan

A joint venture between Terra, one of South Florida’s leading real estate development firms, and partner AB Asset Management has broken ground on THE WELL Coconut Grove, a transformative mixed-use residential development in Miami’s Coconut Grove neighborhood, with a $410 million construction loan from TYKO Capital. The financing, which provides full development funding for the project, marks the largest construction loan closed in Coconut Grove’s history. Walker & Dunlop represented the development team in the transaction.

“This construction financing and groundbreaking marks significant milestones for both Terra and THE WELL as we expand our wellness-focused residential and hospitality footprint in one of Miami’s most vibrant neighborhoods,” said David Martin, CEO of Terra. “The strength of this financing underscores lender confidence in our vision for creating spaces that prioritize holistic living and community well-being.”

With over half of the building’s residences already pre-sold, THE WELL Coconut Grove appeals to individuals who view wellness as a foundational element of lifestyle rather than a convenience or trend. These are buyers who prioritize health, design, and community in equal measure - whether they’re seeking a primary residence or a thoughtfully designed second home. They tend to be purpose-driven professionals and creatives who value access to integrative wellness offerings, a meaningful sense of place, and a neighborhood that fosters both connection and retreat.

“Coconut Grove has always been home to me and I’ve watched the neighborhood evolve immensely over decades,” says Getzy Fellig, CoFounder of AB Asset Management. “When we look at projects like this, it’s essential that development enhances the community rather than diminishing it. The Grove has a unique sense of charm and conviviality that needs to be protected, especially as Miami continues to grow. Partnering with Terra reflects our shared belief that thoughtful, community-driven development can benefit the neighborhood while prioritizing what makes it a true sanctuary within the city.”

Opening in Q4 2028, THE WELL Coconut Grove represents the next chapter in Terra and THE WELL’s collaboration, bringing together 194 residences across eight stories with holistic wellness amenities, office and club components, and retail experiences designed around the principles of mindful living. Designed by Arquitectonica with interiors by Meyer Davis, the project will integrate biophilic design, natural materials, and advanced sustainability measures to achieve a Florida Green Building Design Silver Certification.

The property offers one- to four-bedroom residences from 960 - 4,200 square feet, with prices starting at $1.5 million. The residences at this landmark building embody unparalleled craftsmanship and thoughtful design, offering a lifestyle of luxury and wellness. Amidst the entirety of the project, every detail reflects the commitment to creating a masterpiece that redefines luxury living.

Terra has been thoughtfully enhancing Coconut Grove for decades, contributing to the neighborhood's unique charm and appeal with several landmark developments including the Bjarke Ingels-designed Grove at Grand Bay towers; the Rem Koolhaas/OMA-designed Park Grove towers; the Touzet Studio-designed Mary Street office and retail complex; the Arquitectonica-designed Mr. C Residences; and Grove Central, a transit-oriented residential and retail development that integrates with Miami’s Metrorail system.

As Miami’s most historic enclave, Coconut Grove boasts a vibrant legacy of community and culture. The addition of THE WELL will further enrich the neighborhood, introducing a wellness club designed as a hub where locals can come together, foster connections, and prioritize their well-being.

Residences at THE WELL Coconut Grove are designed to nurture and restore. Each unit features spacious private balconies, natural light-filled spaces and Italkraft Italian cabinetry. Kitchens are equipped with Kraus Kore™ sinks, quartzite countertops and premium appliances by Sub-Zero and Wolf, enhancing both functionality and aesthetic appeal.

Select units include dedicated Wellness Dens for meditation, workouts and massages. THE WELL practitioner team has curated custom wellness packages available to enhance in-home experiences, such as The Longevity Den, The Mindful Den, The Mobility Den, and THE WELL Office.

Exclusive Amenities to Support a Balanced Lifestyle THE WELL Coconut Grove offers an extensive array of amenities that cater to a balanced, wellness-focused lifestyle:

• 40,000-square-foot Rooftop Wellness Oasis: Features a private resident swimming pool, hot and cold plunges, cabanas and a pickleball court, all set within lush tropical landscaping.

• 13,000-square-foot State-of-the-Art Wellness Center: This space includes a communal bathhouse, crystal cave relaxation lounges, hyperbaric chamber and Vitality Lounge, physical therapy and functional medicine practices.

• Unique Social Spaces: Residents can unwind at the aperitif bar, enjoy the tea garden, or explore the Conservatory, which provides indoor/outdoor seating and a calm environment for coworking and IV therapy.

• Personalized Wellness Services: Exclusive offerings include bi-annual health coaching sessions, curated events and preferred pricing on wellness treatments.

Residents also have access to the latest wellness technologies through THE WELL Locker, which features items like Theraguns, infrared blankets and lymph boots.

THE WELL Coconut Grove is designed with environmental mindfulness at its core, achieving a Florida Green Building Design Silver Certification. The collaboration between Terra, Arquitectonica and Meyer Davis reflects a shared vision for sustainable luxury that enhances both the environment and resident wellness.

Images via Terra

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Construction on Terra, One Thousand Group and Major Food Group's Waterfront Edgewater Tower Villa Miami Surpasses 21st Floor

Terra, One Thousand Group and Major Food Group (MFG) have passed a major construction milestone at Villa Miami, the highly anticipated branded residential tower, which has now risen to 21 floors above Biscayne Bay. The 56-story, 650-foot landmark tower features interiors by AD100 designer Vicky Charles and architecture by ODP Architects. Set for completion in late 2027, Villa Miami is a landmark waterfront tower that cements Edgewater’s rise as Miami’s next great luxury neighborhood. It comprises just 70 half- and full-floor residences, each offering panoramic views of Biscayne Bay. The tower recently unveiled its $55 million penthouse residence, a fully finished and designed “estate in the sky” crowning the building.

“The tower’s silhouette is now visibly emerging across the skyline, from the Causeway to Miami Beach, signaling the arrival of a new architectural landmark on Biscayne Bay,” said David Martin, CEO of Terra. “As it rises, the placemaking vision becomes clear, an integration of design excellence, hospitality, and cultural programming that defines a new sense of place along Edgewater’s waterfront.”

Edgewater, where Villa Miami rises, has emerged as one of Miami’s most dynamic residential neighborhoods. Once an overlooked waterfront district, Edgewater is now experiencing rapid growth, attracting a mix of luxury residential towers, cultural institutions, and world-class dining. Residents enjoy easy access to Miami’s top-rated lifestyle destinations, including the Design District, Wynwood, and Midtown, as well as cultural institutions such as ICA, the Adrienne Arsht Center, PAMM, and more.

“This milestone brings us closer to delivering the full expression of Major Food Group’s approach to residential living,” said Jeff Zalaznick, co-founder of Major Food Group. “Villa Miami represents the most advanced application of our service, design, and hospitality standards in a residential context.”

The project has already drawn significant interest from a global audience of high-net-worth buyers, including professional athletes, CEOs, finance executives, and tech innovators from the Northeast, California, Canada, Latin America, and Europe.

Villa Miami marks Major Food Group’s first-ever branded residential tower, bringing the acclaimed creators of CARBONE, ZZ’s Club, Torrisi Bar & Restaurant, Sadelle’s, Dirty French Steakhouse and more into the world of luxury living. MFG has shaped every detail of the resident experience, from culinary programming to interior sensibilities, anchored by The Copper Club, a three-level private amenity suite featuring dining rooms, lounges, a screening room, salon, wellness facilities, and a rooftop helipad. A ground-floor waterfront restaurant by MFG will provide residents with VIP access and priority seating.

“We are building a tower for a new generation of buyers who are choosing Miami as their primary home,” said Kevin Venger, co-founder of One Thousand Group. “Reaching this milestone is an indicator of the demand for world-class design and the kind of hospitality-driven lifestyle that only this team can deliver.”

A collaboration between two of Miami’s most notable development firms, Villa Miami represents the first partnership between Terra and One Thousand Group, whose collective portfolio spans some of the region’s most celebrated architectural icons, including projects by Renzo Piano, Rem Koolhaas/OMA, Bjarke Ingels, and Zaha Hadid.

Renderings via Binyan Studios, Images via One Thousand Group & Terra

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Bayview PACE Provides $200 Million in C-PACE Financing for Florida’s Second-Tallest High-Rise, Okan Tower in Miami, Among the Largest Loans in the Country

Bayview PACE, a division of Bayview Commercial Mortgage Finance, has closed on $200 million in C-PACE financing for Okan Tower, a 72-story mixed-use high-rise being developed by Okan Group and designed by Behar Font & Partners. Having reached its 40th floor, more than halfway toward completion, Okan Tower at 555 N. Miami Ave. in downtown Miami will rise to 903 feet upon completion in 2028, becoming the second-tallest building in Florida.

Bayview PACE’s Commercial Property-Assessed Clean Energy (C-PACE) financing offers favorable and cost-effective terms for qualified improvements in energy, lighting, water systems, building envelope and other resiliency components, and it can be applied to new construction as well as renovations. C-PACE financings to date in the U.S. exceed well over $10 billion, according to the C-PACE Alliance. It has been approved through legislation in 40 states, gaining popularity among real estate owners and the financial institutions looking to serve them.

The C-PACE financing from Coral Gables, FL-based Bayview PACE completes the capital stack of financing for the new luxury skyscraper. The uppermost floors of Okan Tower include 163 luxury condo residences – branded as Sky Residences -- that will offer a new level of design, amenities and expansive views for the South Florida market. Just below the private residences will be 236 condo-hotel units available for sale and managed by Hilton. Below the condo-hotel homes will be a 316-key five-star Hilton hotel. The Okan Tower’s lower levels will offer four floors of office space totaling 56,000 square feet of space.

The Sky Residences’ high-end amenities feature a 24-hour concierge, rooftop pool and outdoor lounge area with private cabanas, wine cellar, owners lounge, a spa including sauna, steam, and massage rooms, and a 429-space on-site parking garage. Sales of the Sky Residences and condo-hotel units are well underway led by Fortune International Group.

“We are pleased to provide this C-PACE financing to help complete Okan Tower’s capital stack and support Okan Group’s objectives,” said Jeff Klar, Vice President of Bayview PACE. “Bayview crafted a creative financing solution that was accretive to the sponsor’s goals and aligned with the project’s construction timeline. This nine-figure C-PACE transaction underscores both Bayview’s structuring expertise and the financial strength of the broader Bayview platform.”

“The closing of Okan Tower’s $200 million C-PACE financing is a defining milestone that validates both the project and the strength of the Miami market. This level of lender commitment—particularly in today’s disciplined capital environment—confirms confidence in the capital stack, the long-term fundamentals, and the vision behind what will be one of Downtown Miami’s most spectacular and architecturally significant luxury towers. For buyers, this reinforces that the time to invest in Downtown Miami is now, while pricing, product, and global demand are aligning at an exceptional moment,” said Michael Sadov, Sales Director at Okan Tower.

Okan Group, a Turkish-based group of companies founded in 1972, is a leading multi-national firm active in healthcare, finance, food, textiles, tourism, energy, education and real estate including the development of dozens of projects around the world. One of the firm’s commercial property entities, Okan Construction, is the general contractor for Okan Tower.

Bayview PACE, a division of Bayview Commercial Mortgage Finance, LLC, provides creative financing solutions that combine C-PACE lending with construction and bridge capital. Unlike most PACE-only providers, Bayview PACE partners with commercial property owners and developers to deliver a full capital stack solution. Their OKAN Tower financing follows two other major Florida deals by Bayview PACE in recent months including $180 million in C-PACE for Domus Brickell Center and $137 million in C-PACE for the Westin Cocoa Beach Resort & Spa.

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Renderings via Okan Tower

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Landau Properties Set to Commence Vertical Construction on Waterfront Office Development One Kane in Bay Harbor Islands

Vertical construction begins the next stage of evolution for One Kane, a 126,000-square-foot Class A+ waterfront office building in the exclusive enclave of Bay Harbor Islands. Addressing the specific workforce needs of Miami's evolving high-net-worth migration, Miami-based Taubco and New York-based Landau Properties are delivering a transformative model for corporate flagships.

With completion of two stories of concealed parking, One Kane, situated at 9551 E. Bay Harbor Drive, will include a private elevator lobby, dock-to-desk' yacht slips, and a waterfront BondSt restaurant, among other bespoke privileges. Completion is expected in early-2027.

A premier destination for discerning executives, One Kane offers a combination of privacy, state of the art headquarters-grade infrastructure, and premium hospitality with ultra boutique appeal designed as a rare alternative to Miami’s dense urban core, all enveloped within the high-end lifestyle of Bay Harbor Islands. As Miami continues to emerge as a global center for commerce, One Kane encompasses prestige from its surrounding communities along with lifestyle integration all on one site.

"One Kane features a modern business lifestyle with innovation and creativity that will appeal to organizations that seek the utmost privacy while combining exceptional design with taste and quality,” said Jonathan Landau, founding member and CEO of Landau Properties. “Executives who already live or are looking at residential options in Bay Harbor Islands, Indian Creek, Bal Harbor, Surfside and similar communities now have the opportunity to walk, drive or dock directly at their business address, an experience offered nowhere else in Miami.”

“Miami has transitioned into a global center for capital and influence, bringing together some of the world’s most pivotal industry leaders that are shaping the future of business,” added Laura Tauber, Principal and Managing Director at Taubco. “One Kane meets the demand and vision of domestic and international executives that seek discretion, luxurious amenities, and onsite hospitality within an exceptional and unequalled corporate setting. As the city’s status is elevated on the world stage, the next phase for Bay Harbor Islands and its surrounding communities entailed the inception of One Kane, speaking volumes of our historic understanding and contribution to the area’s next phase in growth.”

Leveraging its unique location directly on the Indian Creek Waterway, One Kane offers eight private yacht slips and a full-time Dockmaster and valet service, offering seamless dock-to-desk commuting. An experience found only in select cultural capitals, One Kane takes full advantage of its waterfront setting to fill Miami’s void and the growing demand by executives for a development that satisfies shifting commuter preferences.

By land, the building includes private vehicular access, valet parking and 24/7 secured private access. Designed for today's executive environment, One Kane is designed with an understanding of the need for privacy, optimal infrastructure and impeccable amenities. Offering a size and scale tailored for premier organizations with full floor opportunities, each of the building’s six stories are surrounded by private outdoor terraces accessible from every office, soaring 11-foot ceilings, and floor-to-ceiling windows that provide expansive views of the waterway.

Floors range from 12,600 square feet to more than 18,300 square feet of waterfront space, with One Kane delivering exceptional architecture designed for elegant C-Suite operations. The development features seamless fiber-optic broadband, redundant full-service generators providing 100% standby power serving the entire building, advanced AI security with individual access control, impact resistant glazing and flood protected private secured subterranean parking.

A LEED–designed building, the project delivers a responsible and forward-thinking approach in efficiency and indoor quality. Natural outdoor light private terraces and advanced air filtration systems create an optimal setting for comfort and quality throughout every part of the building. Extending beyond a traditional corporate workplace, One Kane’s holistic vision includes an emphasis on wellness and productivity.

Crafted to create a prestigious club for family offices, hedge funds, private equity firms, and bespoke professional firms, One Kane is designed for those with high confidentiality needs alongside peers of the same caliber. Positioned in one of Miami’s most exclusive enclaves, One Kane is steps from Bal Harbour Shops, major hotels, and luxury retail, yet set apart from Miami's bustling downtown core.

Nestled in its own private pocket of Bay Harbor Islands, One Kane will also feature BondSt, the acclaimed New York-based restaurant making its comeback to Miami, on the ground floor and rooftop bar with 360-degree panoramic views. The restaurant’s integration into One Kane includes priority reservations, event activations, in-office private dining and a full-service concierge that provide a hospitality-first atmosphere to the daily office experience.

Allen Morris Co. Breaks Ground on Ponce Park In Downtown Coral Gables

Allen Morris Co., one of the most renowned real estate firms in the Southeast U.S., has officially broke ground on Ponce Park, its highly anticipated mixed-use development in the heart of Coral Gables.

Located at 3000 Ponce de Leon Blvd., this groundbreaking marks the beginning of a project set to become a timeless landmark in the City Beautiful. Honoring Coral Gables’ Mediterranean roots through contemporary design, Ponce Park will redefine boutique luxury living in the city.

The milestone was commemorated at the Ponce Park Sales Gallery with two special events, beginning with an intimate morning ceremony where guests were welcomed with mimosas, coffee and hors d'oeuvres.

W.A. Spencer Morris, President of Allen Morris Co., W. Allen Morris, Chairman and CEO, Daniel de la Vega, President of ONE Sotheby’s International Realty and Javier Bellon, Sales Director at Ponce Park, all spoke to the vision and dedication behind the nearly five-year project.

“We’ve always believed that great projects should elevate the people and communities they touch, and that philosophy guided every decision behind Ponce Park,” said W.A. Spencer Morris, President of Allen Morris Co. “Our hope is that future residents feel not just impressed by their experience at Ponce Park but genuinely inspired by the place they’ll call home.”

The celebration continued into the evening as city officials and top brokers from Coral Gables, Coconut Grove and Key Biscayne returned for a cocktail reception. With a curated wine selection by Mattheu Yamoum, COO and co-owner of Maison Mura, alongside appetizers from Michelin-star chef Sebas Vargas, live jazz and specialty cannoli for dessert, guests enjoyed the atmosphere while previewing the development.

Coral Gables Mayor Vince Lago and Vice Mayor Rhonda Anderson shared their excitement for the project’s transformative impact and praised Spencer Morris’ leadership and commitment to the city throughout the development process.

“Ponce Park is redefining luxury living in Coral Gables, and today’s groundbreaking showed the immense confidence in both the project and the Gables luxury market,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “This is a rare opportunity for buyers seeking the highest level of design and sophistication in one of the nation’s most coveted neighborhoods.”

Ponce Park is envisioned as a sanctuary where boutique luxury meets the vibrant lifestyle of Coral Gables. The development offers 58 bespoke two- to five-bedroom residences, ranging from 1,900 to more than 6,500 square feet.

Designed by John Cunningham of Zyscovich Architects with interiors by the internationally acclaimed Meyer Davis, each home in the 11-story tower will feature 11- to 12-foot ceilings, private elevators, Italian-crafted kitchens, expansive terraces with summer kitchens and interiors that blend modern refinement with classic European-inspired details.

Located at 3000 Ponce de Leon Blvd., at the intersection of Ponce de Leon Blvd. and University Drive, residents will enjoy access to a suite of amenities including a rooftop pool, sky bar, artisanal cafe, spa and serene meditation courtyard, fitness studio and a private rooftop lounge offering panoramic views of the Southeast Gables.

At ground level, the building will introduce 25,000 square feet of curated retail anchored by a world-class restaurant, all just steps from The Plaza Coral Gables and Miracle Mile. As part of its commitment to the surrounding community, Allen Morris Co. will work in collaboration with the City of Coral Gables to perform $11 million dollars in improvements to the adjacent Ponce Circle Park, strengthening the public realm for the broader community.

Construction on Ponce Park is now officially underway, with completion anticipated in early 2028. Sales are being exclusively handled by ONE Sotheby’s International Realty, with residences starting at $3.1 million.

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Images via Allen Morris Company

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Developers of The St. Regis Residences, Sunny Isles Beach, Miami Secure $418.3 Million Construction Loan Package

Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, announced today that they have secured a $418.3 million construction loan package. Bank OZK was the lender. The total package ranks among the largest ever for Sunny Isles Beach real estate.

The latest financing for the under-construction, two-tower oceanfront development comes on the heels of significant sales activity and international buzz. The Residences’ South Tower is now 90% sold, while at the adjacent North Tower – the community’s second and final building – the volume of contracts continues to underscore sustained buyer demand.

“We are pleased to confirm that The St. Regis Residences, Sunny Isles Beach, Miami closed its construction loan with Bank OZK, which was the existing lender on the property for a number of years, completing the capital stack of the project,” said Edgardo Defortuna, CEO of Fortune International Group. “Securing this loan confirms the strong confidence lenders have in our vision.”

“This loan reflects the pace-setting sales and sustained demand for this project and South Florida’s evolving luxury market,” said Manuel Grosskopf, CEO of Château Group. “Our project has firmly established itself as one of the region’s most desirable new developments. We look forward to delivering its completion and welcoming our owners.”

Featuring an unprecedented 435 linear feet of oceanfront – the most of any residential enclave currently rising in the region – The St. Regis Residences, Sunny Isles Beach, Miami was designed by the acclaimed architectural firm Arquitectonica, with construction overseen by industry authority Coastal Construction.

The South Tower, with 170 residences, is on track for completion in late 2028. The North Tower, comprising 150 residences, will break ground next year. The total sell-out for both towers is projected to exceed $3 billion.

Remaining residences start at $5 million. The on-site, oceanside sales gallery is located at 18801 Collins Avenue, Sunny Isles Beach.

Interior renderings via Binyan Studio unless otherwise noted

The St. Regis Residences, Sunny Isles Beach, Miami are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). La Playa Beach Associates, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.

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Related Ross Celebrates The Topping Off Of The Robert A.M. Stern-Designed South Flagler House In West Palm Beach

Related Ross has officially topped out South Flagler House, the developer’s first luxury condominium in Florida, at 28 stories. The milestone comes just one year after the start of vertical construction at the development, which is located at 1355 South Flagler Drive in West Palm Beach. The top out was commemorated with a private ceremony attended by Related Ross executives, top residential brokers, project partners, and local officials. Construction is overseen by Coastal Construction.

South Flagler House will comprise of 105 two-to five-bedroom homes spread across two 28-story towers, The North Tower and The South Tower. A new residential landmark in West Palm Beach, South Flagler House marks Robert A.M. Stern Architects’ first luxury residential tower in South Florida to reach its top milestone, and features interiors designed by the acclaimed Pembrooke & Ives. Set on an idyllic waterfront site overlooking Palm Beach Island and the Atlantic Ocean, South Flagler House embodies the pinnacle of coastal sophistication and is expected to welcome residents in 2027.

“South Flagler House’s topping out brings us one step closer to delivering one of the most anticipated new developments in South Florida. With a tremendous buyer response to date, South Flagler House offers thoughtfully designed residences and an unparalleled lifestyle tailored to discerning buyers,” said Bryan Cho, Executive Vice President of Related Ross.

“South Flagler House draws inspiration from the architectural heritage of Palm Beach while establishing a new benchmark for classical design and modern living in West Palm Beach,” said Paul Whalen, Partner at Robert A.M. Stern Architects. “Its composition, materials, and craftsmanship reflect a lasting commitment to elegance and place.”

South Flagler House boasts 50,000 square feet of thoughtfully programmed residential amenities, all designed to provide relaxation, wellness, and refined social living. These amenities include a resort-style pool deck, wellness and fitness facilities, three distinct culinary concepts, private dining spaces, an indoor pickleball court, a children's and teens STEM room, a card room and library, a theater, and a suite of hospitality-driven services for South Flagler House’s residents.

Sales at South Flagler House are being led by Adam McPherson, Related Ross’s Senior Vice President of Residential Sales, in coordination with Suzanne Frisbie of The Corcoran Group and Corcoran Sunshine Marketing Group. Pricing for current availability at South Flagler House starts at $6 million and ranges up to $72.5 million.

Images via South Flagler House

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Bentley Residences Miami Completes Largest Residential Construction Concrete Pour in Florida History

Dezer Development, in collaboration with Bentley Motors, has completed the mat foundation concrete pour for Bentley Residences Miami, the world’s first and only Bentley-branded residential tower, located at 18401 Collins Avenue in Sunny Isles Beach. Executed in partnership with Coastal Construction, the milestone marks a new record for the largest residential construction pour in the state of Florida as well as the second largest foundation concrete pour in the nation. Taking place over 36 continuous hours, the pour involved 2,100 truckloads and 20,000 cubic yards of concrete, 2,400 tons of reinforcing steel, and 10 concrete pumps. With the foundation for the tower now complete, Bentley Residences is ready to rise to its full height of 716 feet, making it one of the tallest buildings on any US oceanfront. Pricing starts at $5.8 million.

“Setting a record of this scale is an incredible achievement and a defining moment for Bentley Residences,” said Gil Dezer, President of Dezer Development. “This milestone is not only a testament to the strength and precision behind the project but also to the shared vision of creating a landmark that embodies innovation, craftsmanship, and the future of luxury living in Miami.”

Designed by Sieger Suarez Architects in partnership with Bentley Motors, Bentley Residences will feature 216 residences embodying Bentley’s design language. The brand’s iconic signature diamond pattern, exquisite craftsmanship and precision engineering will be integrated throughout its architecture and interiors. As the tower moves steadily toward its 2028 completion, this milestone marks a defining moment in Bentley Residences’ journey from vision to reality.

“The mat foundation pour at Bentley Residences marks a defining milestone for one of South Florida’s most extraordinary developments. As the largest pour of its kind in the region, this achievement reflects the enduring partnership between Dezer Development and Coastal Construction,” said Sean Murphy, Co-President of Coastal Construction. “This is a testament to our project team’s hard work and dedication and we look forward to the next major milestone, as we go vertical!”

Quality craftsmanship is an essential component of Bentley Residences. Spanning from 5,256 to 6,333 square feet, each residence embodies Bentley’s craftsmanship and sense of luxury with expansive indoor-outdoor living spaces, private heated swimming pools, summer kitchens, and sweeping ocean and Intracoastal views. At the heart of the building is the Dezervator, a patented automobile elevator that transports both driver and vehicle directly to a private sky garage, providing unmatched privacy and convenience. Inside, homes feature state-of-the-art Gaggenau appliances, Italian-designed cabinetry, and spa-inspired primary bathrooms with private saunas, behind-mirror televisions, and outdoor showers in select residences. Finishing touches such as chrome accents, textured door handles, and Bentley’s signature diamond patterning complete an environment that captures the brand’s spirit of precision, innovation, and elegance.

The lifestyle experience at Bentley Residences will be enhanced by a 20,000-square-foot suite of resort-style amenities and curated services that mirror Bentley’s dedication to sophistication and comfort. Residents will enjoy exclusive access to a private restaurant helmed by four-time James Beard Award-winning chef Todd English, a whiskey bar, cigar lounge, cinema, spa, oceanfront beauty salon, and fitness center, alongside a lushly landscaped beach club and pool deck with cabanas and food and beverage service. Through a long-standing collaboration with Luxury Living Group, Bentley Home will also offer residents exclusive, custom furnishing concepts inspired by the brand’s iconic automotive design.

Images via Bentley Residences Miami

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CMC Group and Fort Partners Break Ground On Four Seasons Private Residences Coconut Grove

South Florida-based real estate development firms CMC Group and Fort Partners have broken ground on Four Seasons Private Residences Coconut Grove, the highly anticipated luxury development marking the global brand’s first standalone residential offering in Florida. Project officials gathered today to celebrate the start of construction on the building and the opening of the development’s sales gallery. The development is expected to welcome residents in early 2028.

“Coconut Grove has always been one of Miami’s most distinctive and beloved neighborhoods, and with Four Seasons Private Residences, we’re introducing a project that celebrates its heritage while redefining the future of luxury living,” said Ugo Colombo, CEO of CMC Group. “Through timeless architecture and meticulous craftsmanship, we’re creating a property that reflects Miami’s continued evolution into a global destination for sophistication and style.”

Designed by Miami-based architect Luis Revuelta with interiors by Florentine designer Michele Bönan, the softly curved 20-story building creates a defining presence on the skyline while providing residents with panoramic views of Biscayne Bay. Four Seasons Private Residences Coconut Grove will offer 70 homes ranging from 2,025 to 3,975 square feet, in addition to four penthouse residences spanning up to 9,690 square feet.

“With Four Seasons Private Residences Coconut Grove, we’re realizing a vision that blends the Grove’s storied past with the world-class service and elegance that define Four Seasons,” said Nadim Ashi, CEO of Fort Partners. “This groundbreaking marks the beginning of an extraordinary community shaped by authenticity, artistry and the enduring spirit of Coconut Grove.”

Homes at Four Seasons Private Residences Coconut Grove will feature open floor plans with drop ceilings throughout the entire unit, ranging from 10 feet 4 inches to 11 feet 6 inches from finished floor to drop. Floor-to-ceiling windows, custom Italian kitchens designed by Molteni and Michele Bönan Interiors with top-of-the-line European appliances and finishes, and bathrooms with Italian cabinetry complemented by Italian marble finishes complete the luxurious interiors. Each home will be accessed via dedicated elevator to a private foyer, creating an intimate arrival experience, and will feature the latest in home automation systems and lighting controls.

Complementing the expansive residences, Four Seasons Private Residences Coconut Grove will offer a resort-style amenities package for residents. Spaces include a restaurant, library, children’s area and private event room, as well as an expansive pool deck and bar lounge serviced by Four Seasons. Residents will also enjoy an incredible on-site wellness experience with impressive features rarely seen in residential buildings. In addition to a state-of-the-art fitness center, yoga room and massage rooms, the spa will offer a cold plunge, hydromassage pool, horizontal shower, leg shower, ice fountain and sauna circuit inspired by ancient Roman bath chambers. Coined the Caesar Experience, the sauna circuit was designed in partnership with Hofer Group, known for designing some of the most prestigious wellness oriented hotel spas throughout Europe.

Residents will also enjoy the benefits of the legendary Four Seasons service even without an attached hotel, including a dedicated Director of Residences, Lifestyle Manager, housekeeping and butler services, in-residence dining, valet, wellness programming and more.

Sales at Four Seasons Private Residences Coconut Grove are being handled in-house by CMC Real Estate and Fort Realty.

Renderings via Four Seasons Private Residences Coconut Grove

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Nearly 1,000' (300m) Suptertall Cipriani Residences Miami Reaches Halfway Milestone In Brickell, Now Standing 44 Stories

Cipriani Residences Miami, the first-ever ground-up residential building by the world-renowned Cipriani brand in the Americas, has surpassed a major construction milestone underscoring not only its rapid vertical ascent but also its emergence as Miami’s definitive premier tower. With construction, overseen by Moss & Associates, now surpassing its halfway point and standing at 44 stories, the 80-story tower has completed its 37th floor, which will be home to an exclusive resident-only Cipriani speakeasy.

Reaching this milestone illustrates the building’s strong focus on a curated, experiential lifestyle, and places the project on track to become the tallest building in Brickell. Upon completion in 2028, Cipriani Residences Miami will rise close to an astounding 1,000 feet, ushering in a new era of supertall residential towers in the neighborhood.

“This is a pivotal moment that represents far more than the halfway mark toward the building’s crown,” said Camilo Miguel, Jr., CEO and Founder of Mast Capital. “With the completion of the 37th floor, we are celebrating our work redefining luxury living through record-setting vertical scale and lifestyle-driven design. We are also proving that our ambition is matched by our commitment to a swift delivery, as construction moves perfectly on schedule.”

At the heart of Cipriani’s 50,000-square-foot amenity collection lies a hidden gem: the speakeasy — an intimate, cinematic retreat that sets the tone for a lifestyle steeped in sophistication. Envisioned as a discreet social club in the sky, this resident-only lounge will serve signature Cipriani cocktails and refined light bites in an atmosphere of sophistication and connection. Here, culinary artistry merges effortlessly with spaces dedicated to wellness, leisure, and entertainment. Beyond the speakeasy, residents gain privileged access to a private Cipriani restaurant, 24/7 in-home dining, a resort-style pool deck, luxury spa with treatment rooms and sauna, pickleball court, golf simulator, screening room, and more—all conceived to create a fully immersive residential lifestyle. Every detail has been meticulously conceived to envelop residents in a world where elegance, comfort, and Cipriani’s legendary heritage converge.

The tower is climbing one level every three working days, one of the fastest vertical construction paces in Miami’s history. Behind this momentum is a next-generation, self-climbing slip form system, an advanced hydraulic technology that allows the building’s core to ascend continuously without crane dependency. This method maximizes efficiency and precision, enabling the tower to achieve supertall status safely and at speed.

In a district where land is scarce and values are soaring, Mast Capital’s decision to build upward reflects both necessity and ambition, transforming verticality into a new symbol of the city’s economic and cultural rise.

“In a neighborhood defined by skyrocketing land values and finite development opportunities, we chose to look upward and embrace verticality as both a necessity and an opportunity,” continued Camilo Miguel, Jr. “The result is a soaring architectural landmark that is a symbol of Miami’s global ascent as a leading hub for wealth, culture, and innovation.”

As Cipriani Residences Miami races skyward, its dual narrative—engineering excellence and experiential luxury—positions it not just as a building, but as a new status symbol for Miami. By marrying record-setting vertical scale with Cipriani’s legendary service, Mast Capital is delivering a project that will forever mark Miami’s ascent on the global stage.

Cipriani Residences Miami features 397 one- to four-bedroom residences with interiors designed by 1508 London to be aesthetically genuine to the renowned hospitality brand’s distinguished style. The top 18 floors feature The Canaletto Collection, a limited assemblage of six penthouses and 74 ultra-luxury homes. The Canaletto Collection offers priority access to amenities like the private speakeasy, exclusive global concierge services by BHB, and for purchase custom furniture and accessory packages crafted by 1508 London in two distinct styles.

Sales and marketing efforts for the project are handled exclusively by Fortune Development Sales, with Residences starting from $1.7 million and The Canaletto Collection Residences starting from $4.1 million.

Renderings via The Boundary

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