CMC Group and Fort Partners Commence Vertical Construction on Four Seasons Private Residences Coconut Grove

CMC Group and Fort Partners have commenced vertical construction at Four Seasons Private Residences Coconut Grove, the global brand’s first standalone residential offering in Florida. With foundation work complete, the 20-story waterfront tower is now rising above Biscayne Bay, marking a major construction milestone as the development remains on schedule for completion in 2028.

South Florida-based real estate development firms CMC Group and Fort Partners have commenced vertical construction at Four Seasons Private Residences Coconut Grove, the global brand’s first standalone residential offering in Florida. With foundation work complete, the 20-story waterfront tower is now rising above Biscayne Bay, marking a major construction milestone as the development remains on schedule for completion in 2028. This milestone follows the team's successful $323.8 million construction financing earlier this year, which attracted exceptional interest from the lending community and further reinforced confidence in the project as it advanced toward vertical construction.

“Reaching this milestone is a significant moment because it demonstrates that our vision for Four Seasons Private Residences Coconut Grove is becoming a reality,” said Ugo Colombo, Founder of CMC Group. "From the outset, we believed this would be an exceptional addition to Coconut Grove — from its location to its design and the strength of the Four Seasons brand — and it's rewarding to see that confidence reflected as construction advances. CMC Group and Fort Partners have always been committed to delivering projects that stand the test of time, and we're pleased to see this one progressing as planned.”

“The most successful projects are the ones that inspire confidence long before they're completed,” said Nadim Ashi, CEO of Fort Partners. “The continued interest we've seen from buyers, together with the support of our financial partners, reflects the quality of this development and the experienced team behind it. We're pleased to see construction advancing on schedule as Four Seasons Private Residences Coconut Grove continues to take shape.”

Since launching sales in 2024, Four Seasons Private Residences Coconut Grove has continued to generate strong interest from local, national and international buyers drawn to the rarity of a standalone Four Seasons residential offering in one of Miami's most sought-after neighborhoods. That sustained demand, together with the institutional confidence demonstrated through the project's successful financing earlier this year, reflects the strong foundation supporting the development as it continues to advance on schedule.

Designed by Miami-based architect Luis Revuelta with interiors by acclaimed Florentine designer Michele Bönan, the development will feature 70 residences ranging from 2,025 to 3,975 square feet, along with four penthouses spanning up to 9,690 square feet. The curved design maximizes panoramic water views through expansive floor-to-ceiling windows, while open floor plans and ceiling heights ranging from 10 to 11 feet create spacious, light-filled residential experiences. Each home is accessed via dedicated elevator entry.

Residents will enjoy the lifestyle of a world-class Four Seasons resort, even without the presence of a hotel. The resort-style amenities collection includes a pool deck, restaurant, state-of-the-art fitness center, yoga studio, massage treatment rooms, a spa featuring a cold plunge, hydromassage pool, horizontal shower, ice fountain, sauna circuit inspired by ancient Roman bath chambers, and much more. Five-star Four Seasons service completes the offering, with everything from a dedicated Director of Residences and Lifestyle Manager to housekeeping and butler services, in-residence dining, valet, wellness programming and more.

Together, CMC Group and Fort Partners have earned a reputation for delivering landmark residential developments that define their markets. Their combined track record of bringing ambitious projects from vision to completion has established them as two of South Florida’s most respected luxury developers, reinforcing buyer and institutional confidence in Four Seasons Private Residences Coconut Grove.

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

Past PROFILEmiami articles about Four Seasons Private Residences Coconut Grove:

For more information about Four Seasons Private Residences Coconut Grove or to inquire about purchasing a unit please fill out the form below:

Read More

Related Group and BH Group Break Ground on Icon Beach Waterfront Residences in Hollywood

Hollywood's rise as one of South Florida's most coveted coastal destinations takes a defining step forward today with the official groundbreaking of Icon Beach Waterfront Residences. Developed by Related Group and BH Group, the 38-story, 350-residence tower rises above a shoreline perfectly situated between Miami and Fort Lauderdale, delivering a rare dual-water lifestyle anchored by a private 32-slip marina and resident-exclusive beach club.

Hollywood's rise as one of South Florida's most coveted coastal destinations takes a defining step forward today with the official groundbreaking of Icon Beach Waterfront Residences. Developed by Related Group and BH Group, the 38-story, 350-residence tower rises above a shoreline perfectly situated between Miami and Fort Lauderdale, delivering a rare dual-water lifestyle anchored by a private 32-slip marina and resident-exclusive beach club at a price point that remains among the most compelling on South Florida's coastline.

The groundbreaking follows the recent closing of a $360 million construction loan from Tyko Capital, underscoring institutional confidence in both the Hollywood market and the development team behind it. With completion anticipated in 2028, the vision is rapidly coming to fruition.

“For years, Hollywood existed in the shadow of South Florida's more established coastal destinations. Not anymore,” said Nick Pérez, President of Related Group's Condominium Division. “The city is experiencing a remarkable transformation, and what we're building here is a direct reflection of that momentum. Today, we’ve started work on a destination where exceptional design, resort-inspired amenities and an unparalleled waterfront lifestyle come together for buyers who expect the very best and see Hollywood as the place to find it."

Positioned between the Atlantic Ocean and the Intracoastal Waterway, Icon Beach places residents at the center of South Florida's most extraordinary natural assets. With panoramic views stretching from sunrise over the ocean to sunset across the Intracoastal, the tower is crafted to celebrate water at every turn.

Envisioned by Cohen Freedman Encinosa & Associates with interiors by the award-winning Meyer Davis and landscape architecture by Witkin Hults + Partners, the development offers one- to three-bedroom residences spanning 948 to 2,580 square feet along one of South Florida's most sought-after stretches of coastline. Open-concept floor plans, floor-to-ceiling glass and oversized sliding doors open onto generous private terraces where the horizon stretches in every direction.

Primary suites offer a serene counterpoint, with spacious walk-in closets, spa-style bathrooms and soaking tubs appointed with fixtures from Kohler and Hansgrohe that transform everyday routines into something worth savoring. Kitchens are outfitted for both form and function with custom Italian cabinetry, large center islands and imported porcelain countertops in two curated finishes, paired with a premium suite of Bosch and Thermador appliances that bring a chef-inspired sensibility to every meal.

"What makes Icon Beach special isn't just its location, but how deeply the building is connected to the water around it," said Isaac Toledano, Founder of BH Group. "That philosophy extends from the residences themselves to the private marina, the exclusive beach club and the resort-style amenities designed around life on the water. The intention behind every detail is felt from every angle and there is simply nothing else in the market that comes close."

At Icon Beach, 40,000 square feet of amenity space unfolds around a single organizing principle: life is better on the water. The sparkling resort-style pool with sun shelf serves as the social heart of the property, flanked by stylish private cabanas and a tranquil spa and wellness center complete with cold plunge, steam room and Jacuzzi. A state-of-the-art 3,000-square-foot health club, equipped with advanced cardio and weight training equipment and dedicated yoga rooms, ensures that wellness is never more than an elevator ride away.

Beyond the pool deck, an outdoor cinema, sunset yoga lawn, summer kitchens and a reservable event space overlooking the Intracoastal Waterway create a setting that shifts effortlessly from a quiet morning to an evening among friends. A residents' gathering lounge and alfresco cocktail bar round out an amenity program conceived for every hour of the day.

Access to a private marina and a full-service beach club extend the Icon Beach lifestyle to the open ocean and Hollywood's beautiful shoreline. A dedicated concierge, 24-hour front desk, valet and security team ensure that every arrival feels like a welcome, and every request is met without hesitation. Select works from the world-renowned Jorge M. Pérez Contemporary Art Collection are woven throughout the common areas, lending Icon Beach a cultural depth that runs as deep as its design.

Icon Beach arrives at a pivotal moment for Hollywood, which recently celebrated its centennial anniversary – a milestone that reflects its remarkable evolution from a quiet beachfront retreat into one of the most sought-after waterfront destinations in South Florida. The Diplomat Beach Resort, long a cornerstone of the city's hospitality identity, recently reopened after a transformation and rebranding as Signia by Hilton, signaling the caliber of investment now flowing into the market. The Broward County Convention Center continues to drive consistent business activity, while ongoing development along the Hollywood Beach Broadwalk and a wave of acclaimed restaurants moving north from Miami are reshaping the city's culinary and cultural landscape. Sophisticated buyers are increasingly drawn to Hollywood's rare combination of natural beauty and urban convenience, and Icon Beach is where that demand finds its answer.

Renderings via ARX Creative

Past PROFILEmiami articles about Icon Beach Waterfront Residences:

For more information about Icon Beach Waterfront Residences or to inquire about purchasing a unit please fill out the form below:

Read More

Newgard Group and Two Roads Development Mark Major Construction Milestone at One Brickell Riverfront With Installation of Architectural Crowns

The two residential towers rising at One Brickell Riverfront commemorated another landmark moment in their construction with the installation of architectural crowns atop both LOFTY Brickell and The Standard Residences, Brickell. With this milestone, both towers now reach their full architectural heights, and their distinctive silhouettes are beginning to redefine the Brickell skyline.

The two residential towers rising at One Brickell Riverfront commemorated another landmark moment in their construction with the installation of architectural crowns atop both LOFTY Brickell at 44 stories and The Standard Residences, Brickell at 46 stories. With this milestone, both towers now reach their full architectural heights, and their distinctive silhouettes are beginning to redefine the Brickell skyline.

The crown is more than a finishing touch. It is the moment a tower stops resembling a construction site and starts looking like a landmark. The crowns of both towers serve a functional purpose while completing the bold visual statement that architect Arquitectonica envisioned from the very beginning.

Both towers are now visible throughout Brickell, Downtown Miami, and along the Miami River - permanent additions to one of the most dynamic skylines in the U.S.

“For buyers who first fell in love with the project through renderings, seeing the crowns in place marks the moment their dream becomes an undeniable reality,” said Harvey Hernandez, CEO of Newgard Group. “What started on paper is now a full-scale landmark, and we could not be prouder of the team that made it happen.”

“The crown milestone signals to the market, and our buyers, that the finish line is well within sight,” said Brad Meltzer, Partner and President of Two Roads Development. “One Brickell Riverfront is becoming exactly what we promised - a defining piece of Miami's riverfront and new standard for urban residential living.”

General contractor G.T. McDonald topped off the building in January 2026. Construction on both towers continues ahead of schedule, with delivery targeted for August 2027. The crown completion marks the transition into enhancing the building’s exterior aesthetics and interior finishing work across both buildings.

LOFTY Brickell is a 44-story tower featuring 362 fully furnished studios, one- and two-bedroom residences and penthouses, with interiors by INC. Its 40,000 square feet of amenities include a private marina, resort-style pool deck, fitness center, spa, cigar lounge and co-working spaces. New York City-based AVRA Estiatorio will bring its acclaimed Coastal Greek dining experience to LOFTY's ground floor, with waterfront views of the Miami River.

Just seven penthouse residences remain available, with prices ranging from $2.4 to $3.5 million. LOFTY’s flexible ownership model allows owners the ability to rent out their residences on their own terms. Cervera Real Estate is the exclusive sales and marketing partner.

The Standard Residences, Brickell rises 46 stories and offers 422 fully furnished studios, one- and two-bedroom residences with interiors by GOODRICH, priced from the mid $600,000s. Multi-level amenities include a rooftop pool, The Standard Club Lounge and Café, co-working spaces, a 10th-floor spa with Hammam, saunas and cold plunge, bowling alley and lounge, pet spa, screening room and signature dining. ONE Sotheby's International Realty is leading sales.

One Brickell Riverfront is located at 99 SW Seventh Street, along the northwest corner of Brickell City Centre. The project closed $513 million in construction financing in late 2025 - one of the largest residential construction loans in South Florida last year. An undisclosed private lender provided $370 million in senior financing while 3650 Capital originated a $143 million mezzanine loan.

Newgard Group and Two Roads Development formed their strategic partnership in November 2024 to transform one of Brickell's last undeveloped riverfront sites into a vibrant, integrated residential destination.

Past PROFILEmiami articles about One Brickell Riverfront, LOFTY Brickell / The Standard Residences, Brickell:

For more information about One Brickell Riverfront, LOFTY Brickell / The Standard Residences, Brickell or to inquire about purchasing a unit please fill out the form below:

Read More

Urban Network Capital Group, Meliá Hotels & Resorts and Concepto Capital Group Top Off Meliá Residences Miami

Urban Network Capital Group (UNCG), Meliá Hotels & Resorts, and Concepto Capital Group have topped-off Meliá Residences Miami, marking a major milestone in the development of the brand’s first hotel-branded residential concept in North America.

Urban Network Capital Group (UNCG), Meliá Hotels & Resorts, and Concepto Capital Group have topped-off Meliá Residences Miami, marking a major milestone in the development of the brand’s first hotel-branded residential concept in North America. The achievement coincided with strong sales momentum, further reinforcing the project’s appeal among both local and international buyers.

The structure reached its 8 story full height after weeks of steady vertical progress, reflecting disciplined execution and effective coordination among the development, design, and capital teams behind the project. Supported by a $30 million construction loan arranged by Concord Summit Capital and strengthened through the strategic involvement of Concepto Capital Group, the development continues advancing confidently into its next phases.

Meliá Residences Miami features 110 units, including studios, junior suites, and one-bedroom layouts. Owners will have the opportunity to maximize their returns by participating in a professionally managed hotel program. These fully furnished and decorated unit features an open-concept design that seamlessly combines the living and dining areas with a fully equipped kitchen, ideal for modern living.

The residences and common areas were designed by Adriana Hoyos Design Studio, internationally recognized for its contemporary, warm, and artisanal aesthetic. Their vision for Meliá Residences Miami incorporated natural materials, organic textures, and a Mediterranean-inspired palette that reflects Meliá’s hospitality identity, resulting in sophisticated, inviting, and highly functional spaces. Concepto Taller de Arquitectura, the architectural foundation behind Concepto Capital Group, was responsible for the design of the residential rooms.

Each residence was conceived as a turnkey home, fully finished and move-in ready, with curated furnishings and finishes selected to deliver an elevated and seamless living experience.

The project introduced a collection of wellness-driven amenities aligned with Meliá Hotels & Resorts’ global lifestyle approach, including wellness and relaxation spaces, fitness areas inspired by Mediterranean vitality, pools and outdoor terraces, social lounges, coworking areas, and hospitality-driven services designed to elevate the residential experience.

These amenities were crafted to offer a balanced and sophisticated lifestyle connected to Miami’s urban energy while supporting the growing demand for hospitality-oriented residential products.

Meliá Residences Miami represents the brand’s return to the city through a distinctive residential-hotel concept. The project blends Meliá’s Mediterranean heritage with the cosmopolitan vibrancy of Miami, creating a differentiated offering for buyers seeking design, hospitality, and lifestyle within one integrated development.

Born from more than 12 years of experience through Concepto Taller de Arquitectura, Concepto Capital Group has expanded beyond architecture into a broader real estate investment and development platform with a strong focus on the vacation rental and hospitality sectors. To date, the group has achieved more than $899 million in sellout value, over 2,110 units, $63 million in total equity, and more than 2 million square feet of gross area across its growing portfolio.

Past PROFILEmiami articles about Meliá Residences Miami:

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

Read More

Alba Palm Beach Completed Along West Palm Beach's 'Billionaire's Corridor" Waterfront at 95% Sold

Alba Palm Beach has announced its completion at 95% sold, marking the delivery of the first new residential project along North Flagler within the city’s burgeoning Northwood neighborhood. With direct access to the Intracoastal Waterway, Alba Palm Beach arrives as a new wave of residential and commercial investment continues to reshape the area increasingly recognized as West Palm Beach’s “Billionaire’s Corridor.”

Alba Palm Beach has announced its completion at 95% sold, marking the delivery of the first new residential project along North Flagler within the city’s burgeoning Northwood neighborhood. With direct access to the Intracoastal Waterway, Alba Palm Beach arrives as a new wave of residential and commercial investment continues to reshape the area increasingly recognized as West Palm Beach’s “Billionaire’s Corridor.”

Developed by BGI Companies alongside Blue Road, constructed by Moss and with interiors by Spina O’Rourke + Partners, Alba Palm Beach begins at $2.5 million and comprises 55 boutique waterfront residences across a 22-story tower along the Intracoastal Waterway. The property offers a range of floor plans, from expansive waterfront residences to a limited collection of townhomes, a distinctive offering for new construction in West Palm Beach that has since completely sold out. Alba Palm Beach is also home to a Horizon Penthouse Collection, a limited series of six residences spanning floors 19 through 21 with 11-foot ceilings, private elevator access and sweeping views of the Intracoastal, Atlantic Ocean and Palm Beach Island.

“When I first looked at this stretch of waterfront six years ago, I believed West Palm Beach was on the verge of a major transformation,” said Kenneth Baboun, managing partner of BGI Companies and principal developer of Alba Palm Beach. “You could already see the momentum building, from new business and investment coming into the city to a growing demand for a higher level of luxury residential living. The response to Alba has reinforced what I saw early on, both in the future of Northwood and in the demand for a more boutique waterfront product tailored to how today’s luxury buyer wants to live. I’m incredibly proud of what Alba delivers to the market, what it represents for the continued growth of this corridor and now being able to welcome residents home.”

"West Palm Beach has become one of the most important luxury markets in the country, and Alba Palm Beach stands as a beacon of this city’s incredible transformation,” said Daniel de la Vega, President & CEO of ONE Sotheby’s International Realty. “The project represents the caliber of design, craftsmanship, and waterfront living that today’s buyers expect, and has set a new benchmark for high-end development in the region."

Alba Palm Beach offers more than 25,000 square feet of resort-caliber amenities, including a private dining room with temperature-controlled wine storage, a state-of-the-art fitness center with Technogym equipment and a Pilates reformer, sunrise and sunset pools, and onsite day docks along the Intracoastal. The development also integrates a series of exclusive partnerships designed to elevate the residential experience, including medical concierge services through Mount Sinai Health System and a one-year membership to the Palm Beach Yacht Club.

Inspired by the surrounding Intracoastal Waterway and Atlantic Ocean, the residences feature a soft, natural material palette and sculptural design elements complemented by turnkey furniture packages by Artefacto. “Our vision for Alba was to create interiors that felt both elegant and deeply connected to the surrounding waterfront,” said Tammy O’Rourke, principal and director of interior design at Spina O’Rourke + Partners. “The material palette and overall design language were intentionally shaped by the natural textures and tones of the Intracoastal and Atlantic.”

One Sotheby’s International Realty is the exclusive sales and marketing team for Alba Palm Beach. Alba Palm Beach is located at 4714 N. Flagler Dr. West Palm Beach, FL 33407

Past PROFILE Articles about Alba Palm Beach:

Images via Alba Palm Beach

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

Read More

The Standard Residences Completed in Midtown Miami as Brand’s First Ever Standalone Residential Project Worldwide

The Standard Residences, Midtown Miami, the first-ever exclusively residential project from the iconic global brand, has announced its completion, marking the opening of the first new residential building in Midtown in nearly a decade. Developed by Rosso Development, in partnership with Hyatt, and Midtown Development, the 12-story pied-à-terre-style building arrives as a milestone in the continued evolution of one of Miami’s most walkable and vibrant destinations.

The Standard Residences, Midtown Miami, the first-ever exclusively residential project from the iconic global brand, has announced its completion, marking the opening of the first new residential building in Midtown in nearly a decade. Developed by Rosso Development, in partnership with Hyatt, and Midtown Development, the 12-story pied-à-terre-style building arrives as a milestone in the continued evolution of one of Miami’s most walkable and vibrant destinations.

“We wanted to create a building that doesn’t just exist in the neighborhood but participates in it,” said Carlos Rosso, Founder of Rosso Development. “We are incredibly proud to deliver a lifestyle where design, culture, and community meet. The Standard is a true gathering place authentic to the neighborhood, designed to bring people together and contribute to the creative energy that makes this part of Miami so special.”

Designed by Arquitectonica with interiors by Urban Robot in collaboration with The Standard’s award-winning in-house team, the project comprises 228 residences that blend culture, social connection and style with world-class design, amenities and service. The building showcases more than 34,000 square feet of resort-caliber amenities including a lively rooftop reminiscent of the vibe The Standard pioneered from LA to New York to London, with lush landscaping by Naturalficial, a 60-foot resort-style pool and Solana rooftop restaurant and bar by the acclaimed Juvia Group.

A series of social and wellness amenities include a state-of-the-art fitness center, yoga and stretch studios, an infrared sauna, co-working spaces, a screening room, and a pickleball court that doubles as a disco room. The lobby and gathering areas serve as an art gallery, with works by Argentinian artists Gaspar Libedinsky and Patricio Escobedo, as well as South Florida-based Jen Clay and Venezuelan-American fiber artist also based in Miami, Lisu Vega. Inspired by the neighborhood’s urban energy, the lifestyle experience is further elevated by on-site culinary and social destinations including Sushi Garage, Mannarino, Rosetta Bakery Café, and the Privato Speakeasy.

“The Standard has the unique ability to make a neighborhood come to life, from the Meatpacking District to King’s Cross and we see the same dynamic at play in Midtown Miami,” said Amar Lalvani, President and Creative Director, The Lifestyle Group, Hyatt. “Midtown has great attributes, but it was missing an anchor. It’s walkable, it’s connected and it sits right between some of Miami’s most interesting districts. At The Standard Residences, our owners get to fully inhabit The Standard brand while joining a community that will help shape the future of Midtown.”

The Standard Residences, Midtown Miami serves as a cornerstone of the broader evolution for the neighborhood, which includes Rosso Development and Midtown Development’s recently announced Midtown Park—a transformative five-acre, $2 billion mixed-use community with luxury retail, dining, residential, office, and an ULTRA padel club, designed to link Midtown, Wynwood, and the Design District through a new network of public green spaces and pedestrian paseos.

The Standard Residences, Midtown Miami is nearly sold out with limited units remaining. Sales and marketing is exclusively managed by Douglas Elliman Development Marketing.

Atlas Media LLC @harookiphoto

Past PROFILE Articles about The Standard Residences, Midtown Miami:

For more information about The Standard Residences, Midtown Miami or to inquire about purchasing a unit please fill out the form below:

Read More

13th Floor Investments and Barings Break Ground on Final Phase of Miami's Link at Douglas Transit-Oriented Development with $134 Million Construction Loan

13th Floor Investments, in partnership with Barings, has secured a $134 million construction loan to finance the development of Crescendo, the fourth and final residential tower at Link at Douglas, one of Miami’s largest and most transformative transit-oriented communities. The construction financing is led by Santander Bank in partnership with TD Bank and First Horizon Bank.

13th Floor Investments, in partnership with Barings, has secured a $134 million construction loan to finance the development of Crescendo, the fourth and final residential tower at Link at Douglas, one of Miami’s largest and most transformative transit-oriented communities. The construction financing is led by Santander Bank in partnership with TD Bank and First Horizon Bank. Located at 3070 SW 37th Avenue adjacent to Miami-Dade County's Douglas Road Metrorail Station, Crescendo will include 392 multifamily units and complete the 7-acre Link at Douglas mixed-use community, strategically positioned at the intersection of US-1 and Douglas Road between Coral Gables and Coconut Grove. Now under construction, the 37-story tower is expected to deliver in 2029.

Link at Douglas' first phase, which delivered in 2023, introduced two fully leased residential towers totaling 733 apartments, the 312-unit Core and 421-unit Cascade buildings, along with more than 30,000 square feet of retail space anchored by Milam's Market. The project's third residential tower, the 432-unit Cadence building, is currently under construction and expected to deliver in 2028. With the addition of Crescendo, Link at Douglas will encompass more than 1,500 residential units across four towers, fully realizing a long-term vision for a dynamic mixed-use community integrated with one of Miami-Dade County's most important transit hubs.

"Crescendo is far more than the final tower at Link at Douglas," said Daryl Shevin, Chief Financial Officer of 13th Floor Investments. "It represents the culmination of years of planning, investment, and partnership with Miami-Dade County to create a community that brings housing, retail, and transit together in one of Miami's most connected locations."

Developed in collaboration with Miami-Dade County and its Department of Transportation and Public Works, Link at Douglas has transformed publicly owned land surrounding the Douglas Road Metrorail Station into a mixed-use community that integrates housing, retail, and transit. As part of the original agreement, the development team invested more than $17 million in public infrastructure improvements, including a complete renovation of the Metrorail station and the creation of a public plaza connecting directly to The Underline linear park.

Barings has partnered with 13th Floor Investments on the development since breaking ground on Link at Douglas’ first residential tower in 2019 and has remained a key capital partner throughout the community's multi-phase evolution.

“We're proud to continue our partnership with 13th Floor Investments at Link at Douglas as the project enters its final phase,” said Chris Cassella, Managing Director at Barings. “Crescendo is the realization of a thoughtfully executed vision in one of Miami's most connected locations, and we're pleased to help bring the final piece of the community to life.”

The completion of Link at Douglas further advances 13th Floor Investments' transit-oriented development strategy across South Florida. The firm recently broke ground on Link at Boca, a mixed-use development adjacent to Boca Raton's Tri-Rail Station that will deliver 340 residential units and 24,000 square feet of retail space. The firm also plans to develop Link at SoMi, a two tower 670-unit multifamily community adjacent to the South Miami Metrorail Station that emphasizes walkable design and urban living near major employment and education hubs.

Since its founding in 2008, 13th Floor Investments has delivered more than 4,700 residential units across South Florida and currently has more than 4,800 units in development or under construction. Today, the firm is focused on the development of luxury residential and mixed-use multifamily communities, growing its industrial portfolio, and expanding its single-family homebuilding business, 13th Floor Homes.

Past PROFILEmiami article about Link at Douglas:

For more information about Link at Douglas or to inquire about residential or commercial leasing please fill out the form below:

Read More

Construction On Dezer Development's Bentley Residences Miami Passes Level 7 in Sunny Isles Beach

Vertical construction is advancing at Bentley Residences Miami, the world’s first and only Bentley-branded residential tower, developed by Dezer Development, in collaboration with Bentley Motors. Located at 18401 Collins Avenue in Sunny Isles Beach, the development has now reached level 7 and continues to rise rapidly, progressing at a pace of approximately one floor every five to six working days.

Vertical construction is advancing at Bentley Residences Miami, the world’s first and only Bentley-branded residential tower, developed by Dezer Development, in collaboration with Bentley Motors. Located at 18401 Collins Avenue in Sunny Isles Beach, the development has now reached level 7 and continues to rise rapidly, progressing at a pace of approximately one floor every five to six working days. On track for completion in 2028, the 716-foot tower will rank among the tallest oceanfront buildings in the country and will feature 216 residences with amenities including the patented Dezervator car elevator, in-home sky garages, and an exclusive resident-only restaurant led by four-time James Beard award-winning celebrity chef Todd English.

Vertical construction at Bentley Residences also follows the project’s foundation pour led by Coastal Construction, which set the record for the largest residential construction pour in Florida and the second-largest foundation pour in the nation. The achievement underscored the scale and complexity of the development and paved the way for the 62-story tower’s ascent.

“Going vertical is a meaningful milestone for Bentley Residences Miami and a testament to the strength of our vision and execution,” said Gil Dezer, President of Dezer Development. “As the tower rises, we look forward to delivering a truly one-of-a-kind residential experience that reflects the innovation and craftsmanship synonymous with the Bentley brand, while further elevating Sunny Isles Beach as a premier global destination for luxury living.”

Designed by Sieger Suarez Architects in collaboration with Bentley Motors, Bentley Residences offers a luxury lifestyle tailored for the auto-lover and defined by expansive waterfront living, refined craftsmanship, and seamless indoor-outdoor design. Residences tout open-concept floorplans, floor-to-ceiling windows, and private terraces with summer kitchens, with unique features including outdoor showers, private pools on every balcony, and glass-ensconced private sky garages accessible by the building’s signature Dezervator. This patented automobile elevator seamlessly transports residents and their vehicles directly into the in-unit sky garages, redefining privacy and convenience.

Currently available at Bentley Residences are three-bedroom floor plans reflecting Bentley’s hallmark craftsmanship. Anchored by Bentley’s hallmark precision and attention to detail, kitchens are outfitted with state-of-the-art Miele appliances and Italian-designed cabinetry, each offering views directly into the three- to four-car in-home sky garages. Primary bathrooms feature spa-like finishes with soaking tubs, custom vanities, and private sauna rooms. Available inventory begins at $5.8M.

The collection of amenities at Bentley Residences elevates the branded living experience. Four time James Beard Award-winning chef Todd English will debut Proper English by Todd English, his first residents-only restaurant, offering breakfast, lunch, dinner, and in-residence dining from an oceanfront setting within the condo tower. Residents will also have intimate access to English via private events and exclusive cooking demonstrations. The restaurant will be complemented by 20,000 square feet of resort-style spaces that reflect Bentley’s commitment to sophistication and refined comfort. Residents will enjoy exclusive access to a five-star pet spa, whiskey bar, cigar lounge, cinema, spa, oceanfront beauty salon, and state-of-the-art fitness center, along with a lushly landscaped beach club and pool deck with cabanas and food and beverage service. Through a longstanding collaboration with Luxury Living Group, Bentley Home will also provide exclusive, custom furnishing concepts inspired by the brand’s signature automotive design.

Past PROFILEmiami articles about Bentley Residences Miami:

Images via Bentley Residences Miami

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

Read More

Constellation Group and The Boschetti Group Secure $67.5 Million Construction Loan For Cora Merrick Park

Constellation Group and The Boschetti Group announced the successful closing of a $67.5 million construction loan for Cora Merrick Park, a boutique residential condominium centered on wellness in Coral Gables. Located at 4241 Aurora Street in the heart of the exclusive Merrick Park neighborhood, Cora will deliver 74 thoughtfully designed residences.

Constellation Group and The Boschetti Group announced the successful closing of a $67.5 million construction loan for Cora Merrick Park, a boutique residential condominium centered on wellness in Coral Gables. Located at 4241 Aurora Street in the heart of the exclusive Merrick Park neighborhood, Cora will deliver 74 thoughtfully designed residences that reflect a modern, wellness-oriented approach to living.

Located in one of Coral Gables’ most supply-constrained neighborhoods, the 74-residence project is designed to offer a more private, wellness-oriented residential experience within walking distance of premier shopping, dining and office destinations

Lender BHI provided the financing, which was arranged by a Berkadia Miami team led by Scott Wadler and Matt Nihan.

“This is an important milestone for CORA Merrick Park and the larger Coral Gables community” said Eduardo Otaola, Principal at Constellation Group. “Securing financing from BHI, a well-respected regional lender, is a strong validation of both the market opportunity and the differentiated vision behind Cora Merrick Park. In today’s financing environment, lender support at this level reflects confidence not only in the project itself, but also in the long-term strength of the Coral Gables market. With construction now underway, we believe Cora represents one of the most compelling new residential offerings in Coral Gables and a distinctive long-term addition to the neighborhood.”

With financing secured and construction underway, Cora Merrick Park continues to gain momentum as one of the few boutique condominium developments in Coral Gables actively under construction

Scott Wadler of Berkadia added, “In today’s more selective lending environment, capital is gravitating toward best-in-class sponsorship, irreplaceable locations and projects that clearly differentiate themselves – and Cora Merrick Park checks every box.”

Construction on Cora Merrick Park began in April and is expected to be completed in 2028.

Priced from the $900,000s to over $4 million for penthouse residences, Cora Merrick Park is designed by acclaimed architecture firm Arquitectonica with interiors by Urban Robot. The project is among the first condos in Miami seeking certification through the International WELL Building Institute (IWBI) WELL for residential program, an evidence-based, third-party certification aimed at creating healthier, more resilient homes.

With wellness programming overseen by Spanish wellness firm Lamarca Well – known for creating Madrid’s first wellness hub – amenities and operations at Cora Merrick Park are centered on biohacking and longevity, featuring advanced air and water purification systems, noise-reducing acoustic design, non-toxic building and cleaning materials, a fitness center with a dedicated recovery zone, and a spa with infrared sauna, steam room, contrast hydrotherapy pools and red-light therapy panels.

Residents will also enjoy a resort-style rooftop pool deck, yoga and meditation area, lobby tearoom and the first rooftop padel court in Coral Gables. Outside, an original sculpture by celebrated Catalan artist Jaume Plensa anchors a lush 5,000-square-foot park that the developer is donating to the City.

Cora Merrick Park offers 13 unique floor plans ranging from one-bedroom residences to expansive three-bedroom-plus-den penthouse homes. Residences feature 10-foot ceilings, Italkraft kitchens, Sub-Zero and Wolf appliances, designer stone countertops, custom porcelain flooring and spacious walk-in closets. Select residences also include expansive private lanais.

The project is directly across from Shops at Merrick Park and within walking distance of downtown Coral Gables and the Metrorail, providing convenient access to Coconut Grove, the University of Miami and Downtown Miami/Brickell. It is also located one block from 4225 Ponce, the recently completed Class A, boutique office building anchored by wealth management firm UBS, also developed by Constellation Group and The Boschetti Group.

Past PROFILEmiami articles about CORA Merrick Park:

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

Read More

MG Developer and Vertical Developments Secure $100 Million Construction Loan for Alhambra Parc in Coral Gables

MG Developer and Vertical Developments have closed on a $100 million construction loan for Alhambra Parc, their landmark mixed-use development located in the heart of Coral Gables. The closing represents a significant milestone for Alhambra Parc and reinforces strong institutional confidence in the vision, execution, and long-term commitment to Coral Gables.

MG Developer and Vertical Developments have closed on a $100 million construction loan for Alhambra Parc, their landmark mixed-use development located in the heart of Coral Gables.

Developed by MG Developer and Vertical Developments, Alhambra Parc received financing from Benmark Capital, a real estate private equity firm based in Miami and New Jersey. Managing Director Scott Wadler and Vice President Bobby Dockerty of Berkadia led the transaction in securing the loan on behalf of MG Developer and Vertical Developments, with additional support from Berkadia Senior Managing Director Mitch Sinberg, and Managing Directors Matthew Robbins and Brad Williamson.

“Securing this financing is a clear demonstration of the strength of Alhambra Parc, the quality of the project, and the confidence our partners and financial institutions continue to place in our vision,” said Alirio Torrealba, CEO of MG Developer. “We are proud to advance another transformative project in Coral Gables, a city to which we have been deeply committed for more than a decade. Alhambra Parc reflects our belief that great developments should create lasting value for investors, residents, and the broader community. We are also fortunate to have Vertical Developments as a partner whose shared vision, professionalism, and expertise have been instrumental in bringing this project forward.”

The closing represents a significant milestone for Alhambra Parc and reinforces strong institutional confidence in the vision, execution, and long-term commitment to Coral Gables. It also marks MG Developer’s 10th project in the city, further solidifying the firm’s role as one of the most active and established developers in the market.

“This achievement marks a major milestone for Alhambra Parc and reflects our confidence in Coral Gables as one of South Florida’s most dynamic and resilient markets,” said Fernando de Nunez y Lugones, CEO of Vertical Developments. “With our headquarters in the city and several significant projects underway, we remain committed to creating destinations that contribute to the community’s long-term growth and vitality. It has also been a privilege to partner with MG Developer, whose deep market knowledge, proven track record, and commitment to excellence have been instrumental in advancing a project that will deliver lasting value for both residents and the city.”

“Alhambra Parc is the result of a shared vision between two organizations that firmly believe in creating exceptional communities,” added Torrealba. “MG Developer’s experience and track record in Coral Gables, combined with the reach, innovation, and institutional capabilities of Vertical Developments, have made it possible to create a project that will bring lasting value to the city and contribute positively to its evolution over the coming decades.”

Located at 33 Alhambra Circle, Alhambra Parc is a premier mixed-use development featuring 74 one-, two-, and three-bedroom luxury residences, 13,000 square feet of office space, and nearly 18,000 square feet of curated retail in one of South Florida’s most sought-after neighborhoods. Designed by Bellin & Pratt Architects, with amenities and common areas by Ray Jimenez of Raymond Nicholas and interiors by Carlos Guevara, the project reflects both developers’ ongoing commitment to high-design, walkable urban living in Coral Gables.

Renderings via Ray Jimenez and Carlos Guevara

Past PROFILEmiami articles about Alhambra Parc:

For more information about Alhambra Parc, private showings or purchasing/ leasing information please fill out the form below:

Read More

Latest Posts