When Preservation Becomes Paralysis: A Missed Moment for Miami’s Waterfront, Impact of The Legal Saga at EDITION Residences, Miami Edgewater

Miami’s growth has never been accidental. It has been shaped by cycles of reinvestment, redevelopment, and adaptation to new safety standards, housing needs, and economic realities. The recent court ruling requiring the restoration of the aging Biscayne 21 condominium in Edgewater, rather than allowing its redevelopment into the planned EDITION Residences Miami Edgewater, represents a rare moment where that forward momentum has been halted — not by market forces or public opposition, but by a legal technicality benefiting a very small minority of owners.

At the center of the dispute are eight remaining unit owners who successfully argued that the condominium declaration required unanimous consent to terminate the building. While the ruling may be legally correct under the original bylaws, it raises broader questions about how cities balance individual property rights against collective urban outcomes. The Biscayne 21 building, constructed in 1964, no longer reflects modern expectations for safety, resilience, or housing quality — concerns that carry additional weight in a post-Surfside environment where the risks of aging coastal structures are no longer theoretical.

The economic implications of the decision extend well beyond the property itself. The proposed EDITION Residences, Miami Edgewater would have generated substantial new tax revenue for the City of Miami through significantly higher assessed values, directly benefiting public services, infrastructure, and long-term capital planning. In addition, the development would have activated a multi-year construction cycle, supporting hundreds of jobs across construction trades, engineering, architecture, and professional services — many of which are local and unionized.

Instead, the city is left with a deteriorating waterfront asset that produces comparatively minimal tax income while requiring extensive ongoing maintenance and oversight. The opportunity cost is material: forgone permit fees, impact fees, property tax growth, sales taxes tied to construction and furnishing, and long-term recurring revenue from higher-value ownership. These are not abstract losses — they directly affect the city’s ability to fund resilience projects, transit improvements, public safety, and housing initiatives that benefit residents across income levels.

There is also a broader signal sent to the market. When large-scale redevelopment can be indefinitely stalled by a small number of holdouts, it introduces uncertainty for lenders, institutional investors, and development partners evaluating future projects in Miami. That uncertainty carries consequences: higher financing costs, more conservative underwriting, and reduced willingness to pursue transformative projects within the city limits. Over time, these conditions can slow reinvestment, suppress job creation, and push capital toward competing markets with clearer redevelopment pathways.

There is also a practical reality that remains largely unaddressed. With the majority of units already controlled by the developer, the building’s future as a functional residential community is uncertain at best. Even if restored to a technically habitable condition, it is unlikely to return to anything resembling its former vitality. What remains may be less a home than a hollowed structure — preserved in form, but stripped of economic and social purpose.

This outcome does not suggest that redevelopment efforts were flawless. The attempted amendment of the condominium bylaws without securing full consensus created the legal vulnerability that led to this result. However, the ruling also highlights a structural issue in Florida condominium law: a framework that can allow a small number of owners to indefinitely prevent reinvestment, even when the overwhelming majority — and the city itself — stand to benefit.

Miami is a city defined by evolution. When legal rigidity prevents that evolution, the cost is not borne by developers alone, but by residents, workers, and the municipal economy as a whole. The Biscayne 21 decision may preserve a building, but it does so at the expense of progress — limiting housing modernization, suppressing tax growth, and constraining the city’s ability to reinvest in itself. It invites a larger conversation about whether existing rules truly serve the long-term interests of Miami and its residents, or whether they unintentionally reward stagnation over responsible urban renewal.

Past PROFILE Articles about EDITION Residences, Miami Edgewater

Rendering via EDITION Residences, Miami Edgewater

Italy’s Acclaimed Mannarino to Debut First U.S. Location at The Standard Residences, Midtown Miami

Rosso Development, Standard International and Midtown Development announce that the beloved Italian butcher shop & kitchen - Mannarino - will open its first U.S. location at The Standard Residences, Midtown Miami. Founded in Milan and now spanning 23 locations across Italy, the shop introduces a modern interpretation of Southern Italian food culture centered on quality, craftsmanship, and connection.

Rooted in the tradition of the neighborhood butcher shop, Mannarino offers a highly interactive experience where guests begin at the counter, selecting prime cuts of meat with guidance from expertly skilled butchers before enjoying them at home with family and friends or grilled and served at the table. The concept emphasizes quality, featuring a thoughtfully curated selection of meats, including lighter cuts, carpaccio, and tartare.

“We are incredibly excited to bring our passion for authentic Italian food and culture to the U.S. market,” said Gianmarco Venuto, Founder of Mannarino. “In Italy, we don’t just eat, we gather around the table. Mannarino is a celebration of craftsmanship, tradition, and community; it’s a place where people come together to appreciate great company and excellent food. The Standard Residences and Midtown Miami provide the perfect setting for us to introduce this experience—vibrant, dynamic, and deeply connected to culture and lifestyle.”

“Mannarino brings something genuinely different to the neighborhood and their concept will meaningfully elevate the Midtown experience,” said Carlos Rosso, Founder and CEO of Rosso Development. “The concept is deeply rooted in culture, conversation, and authenticity, all values that align perfectly with The Standard and will resonate strongly with our community.”

Founded by Filippo Sironi, CEO & CFO, and Gianmarco Venuto, CMO & PM, Mannarino was created to modernize the Italian butcher shop while preserving its cultural significance. The brand blends retail butchery, an Italian market, dining, and at-home cooking through an omnichannel model that invites guests to engage with food in a more personal, informed way.

The Miami location will include a market serving signature offerings including The Bombette - Mannarino’s celebrated rolled meat specialty - along with grilled chicken skewers, carpaccio, Italian Tartare prepared with Piedmontese Fassona beef from the brand’s own farms, and seasonal sides such as grilled vegetables and roasted potatoes. Guests will also have the option to dine in or purchase cuts to prepare at home, with guidance from the butcher.

The space will reflect Mannarino’s signature aesthetic showcasing a warm, modern Italian market inspired by traditional butcher shops, combining natural materials, curated design details, individual and family-style table settings, and an inviting neighborhood atmosphere. The opening is slated for Fall of 2026.

The Standard Residences, Midtown Miami is 96% sold, and this announcement marks the lease of the final available retail space at the project. Sales and marketing is exclusively managed by Douglas Elliman Development Marketing.

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Alba Palm Beach Reveals Exclusive Partnership With Miami-based Acclaimed Gourmet Cheese and Wine Shop Chèvre

Alba Palm Beach, the only new luxury waterfront residential development in West Palm Beach with delivery scheduled for Spring 2026, has revealed an exclusive residential partnership with Miami-based wine and cheese shop, Chèvre, celebrated for its gourmet creations, curated cheeses, specialty pantry goods and boutique wines from small producers. Chèvre’s boutique within Alba Palm Beach will mark the brand’s first resident-only location.

Nestled within the first floor of Alba Palm Beach, residents will have exclusive access to Chèvre’s gourmet market, spanning approximately 1,000 square feet, featuring artisanal cheeses, charcuterie, specialty pantry goods, curated wines, caviar, gourmet coffee and limited-edition seasonal items chosen exclusively for the property. Residents will also enjoy personalized pairing guidance, private tastings, curated gifting options and the ability to order tailored boat provisions for a day on the water. Additional services include in-home catering or private dining room experiences, as well as market run fulfillment.

Alba Palm Beach is located at 4714 N. Flagler Drive in West Palm Beach and is being developed by BGI Companies and Blue Road Group. When complete the luxury boutique condo will feature a collection of 55 boutique luxury residences, including a limited collection of four unique two- and three-story townhomes, each with unobstructed views of the serene Intracoastal Waterway and their own private plunge pools.

“At Alba Palm Beach, we’ve always envisioned a lifestyle that goes beyond luxurious residences. One that anticipates and enhances every aspect of our residents’ daily lives," said Kenneth Baboun, principal developer of Alba Palm Beach. "Partnering with Chèvre allows us to elevate that experience even further, offering an exclusive, curated culinary destination just steps from our residents’ doors. This collaboration embodies the sophistication, attention to detail, and unparalleled exclusivity that define Alba, creating a lifestyle that is as refined as it is effortless."

“We’re honored to bring Chèvre’s vision to Alba Palm Beach,” said Mario Naar, founder of Chèvre and culinary entrepreneur expanding Chèvre's brand with concepts like The Sipping Station at Brightline and a presence in St. Barths, focusing on curated luxury food experiences. “Our approach has always been about pairing quality with discovery, introducing people to exceptional cheeses, wines, and ingredients that elevate everyday life. Alba embodies that same spirit of refinement, and we’re excited to create something truly special for its residents.”

Owners within Alba’s newly released Lower Penthouse Collection starting at 6.95 million will receive enhanced access to Chèvre’s programming, including invitation-only previews and exclusive product offerings available only to this tier of ownership. Spread across floors 19 through 21 featuring six residences, each home offers unmatched privacy, 11-foot ceilings, expansive indoor-outdoor living, and panoramic views of the Intracoastal, Atlantic Ocean, and Palm Beach Island. With only two residences per floor, each Lower Penthouse provides private elevator access, two dedicated parking spaces, and triple exposure capturing both sunrise and sunset.

With only 55 total residences, Alba Palm Beach offers an intimate boutique lifestyle complemented by 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 private day docks on the Intracoastal.

Alba Palm Beach became the first boutique luxury residential development in Palm Beach County to partner with New York’s Mount Sinai Health System and their newly opened Concierge Medicine practice in West Palm Beach as well as 24/7 urgent care through Sollis. Mount Sinai New York-Concierge Care is a membership-based boutique health care practice, offering patients 24/7 access to their primary care physician and access to top specialists locally and in New York. Additionally, to fully embrace the West Palm Beach lifestyle, residents will receive a one-year Palm Beach Yacht Club Membership, offering privileged entry to one of the city’s most exclusive social and maritime communities.

Alba Palm Beach is designed by West Palm Beach-based Spina O’Rourke + Partners. Schmidt Nichols, an award-winning urban development firm specializing in site development and planning, and landscape architectural planning is the landscape architect for the development. Ortega Construction Company is the general contractor for the project.

Alba Palm Beach’s sales gallery and showroom is located at 250 North Olive Avenue in downtown West Palm Beach.

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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:

Check Out This Newly Completed Waterfront Spec Home On Miami Beach's Venetian Islands Asking $59.9 Million

A newly completed, modern architectural masterpiece known as Forte on Miami Beach’s Venetian Islands has hit the market for $59.9 million. The lavish waterfront home sits on a 13,188 SF lot with 105 feet of deep-water dockage and direct access to Biscayne Bay. Built and owned by Maven Construction's president, and designed in collaboration with Varabyeu Partners, Javier Robles Studio and Artefacto, the home seamlessly blends contemporary design with curated turnkey interiors, offering 10,689 SF of living space, 7 bedrooms, 7.5 bathrooms and expansive open-plan living areas with full-height glass walls.

Elevated 14 feet above sea level, Forte features a rooftop terrace with 360° views of downtown Miami and the bay, a display-quality garage fit for 8–10 vehicles, dual kitchens, a private theater and full Crestron smart-home automation. With its exceptional scale, high-quality design and unrivaled amenities, Forte stands among the most significant new-construction estates on the Venetian Islands and exemplifies Miami’s evolution as a global luxury waterfront destination.

1413 North Venetian Way, Miami Beach, FL is listed For $59,900,000 with Matt Crane of Compass.

Images via Christian Santiago

Kolter Urban and Perko Development Launch Sales For Maison d'Or in West Palm Beach

Kolter Urban, a Florida-based real estate development and investment firm, and Perko Development Partners have launched and lead the development of Maison d’Or, a 19-story ultra-luxury boutique condominium located at 3705 South Flagler in West Palm Beach. This select collection of 39 thoughtfully designed residences blends architectural excellence with a robust amenity offering and an exceptional level of personalized service.

Maison d’Or is perfectly positioned in an exclusive residential location in West Palm Beach with sunrise and sunset views, offering a rare vantage point overlooking the Intracoastal waterway and Atlantic Ocean, as well as Palm Beach Island. This bespoke development provides effortless access to the area’s premier cultural, dining, art and shopping destinations—including Worth Avenue, Antique Row, Royal Poinciana Plaza, CityPlace, and the emerging Nora District. The sales gallery will open this month at 3014 S Dixie Highway

“Maison d’Or demonstrates Kolter Urban's dedication to creating exceptional places to live,” said Ed Jahn, Senior Vice President of Kolter Urban. “Every detail, from the building’s design to the interiors, has been carefully chosen to offer classic European style with a modern touch. Nestled within one of the city’s most historic neighborhoods, Maison d’Or offers an exclusive sense of privacy, serenity, and sophistication, bringing boutique living to a new level in West Palm Beach.”

Designed by 10 Design, with interiors by Hirsch Bedner Associates and landscape architecture by EDSA, Maison d’Or offers eight distinct floor plans, with two- to four-bedroom residences ranging from nearly 3,000 square feet to over 10,000 square feet. Levels 4 through 14 include two- and three-bedroom residences, while levels 15 through 17 feature the estate collection with four-bedroom residences. Two lower penthouse plans will be located on the 18th level, both offering four bedrooms and five and a half bathrooms. The penthouse occupies the entire 19th level and is over 10,000 square feet. Each residence is designed for optimal space, functionality, and privacy with expansive terraces on both the east and west sides, providing sunrise views over the Intracoastal waterway and Atlantic Ocean, as well as sunset views over the city.

True to its name, Maison d’Or, meaning “House of Gold” in French, boasts bespoke interiors that celebrate the glamour of Palm Beach. Drawing inspiration from both Mediterranean and Regency styles, the design blends a neutral palette base with natural textures. Vibrant accents of gold, pink, green, and blue infuse energy into the common and amenity spaces, while bold patterns and tropical motifs add a playful touch. Statement furnishings and coastal elements create a sophisticated yet inviting atmosphere, ensuring each home is both visually striking and comfortably livable.

“Maison d’Or is the pinnacle of elevated living on South Flagler Drive in West Palm Beach. From the moment residents arrive, they are welcomed into an environment that feels both refined and effortless,” said Dan Riordan, Director of Sales and Senior Partner of Perko Development Partners. “Every detail, from the curated interiors to the vast amenity offerings, defines the Maison d’Or experience and underscores our commitment to delivering a truly unmatched standard of luxury in a residential enclave.”

Maison d’Or offers a comprehensive collection of resort-style amenities designed to elevate daily living. The Club Lounge provides the perfect setting for socializing and entertaining, featuring a sophisticated cocktail bar, the Green Room, a private dining room with a catering kitchen, a screening theater, a virtual sports swing simulator suite and a private wine storage and tasting room. Residents can also relax at the elevated east-facing pool deck overlooking the Intracoastal, complete with spa and day cabanas. For wellness and personal care, the state-of-the-art fitness and wellness center features men’s and women’s steam rooms, sauna, treatment rooms, and an elegant salon suite designed for professional beauty services. Additional amenities include two fully furnished guest suites for owners’ use and a dedicated dog spa and grooming facility.

Pricing begins at $5.7 million, with exclusive sales managed by Maison d’Or Realty Sales, LLC under Director of Sales Dan Riordan, joined by Nick Peterson and Andreea Fodor.

Renderings via Kolter Urban

For more information about Maison d’Or or to inquire about purchasing a unit please fill out the form below:

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

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

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

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

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

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

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

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

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

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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Rilea Group Secures $150 Million in Construction Financing for Mohawk at Wynwood in Miami

Miami-based real estate developer Rilea Group has closed on a $150 million construction financing package for Mohawk at Wynwood, a 300-unit multifamily community now under construction in the heart of Miami’s Wynwood Arts District.

The financing package includes $124.2 million in C-PACE capital from Nuveen Green Capital (NGC), a national leader in sustainable commercial real estate financing solutions, marking the largest C-PACE-financed multifamily transaction in the state of Florida to date, and a $25 million senior loan from Spain-based ABANCA USA, which serves as the senior secured lender for the transaction. The financing was arranged by Javier Herrera of Franklin Street.

“Mohawk at Wynwood represents the next frontier of Miami living – a project that fuses punk rock, high fashion, and renegade culture into an all-brick, steel, and glass building that feels both timeless and unapologetically new,” said Diego Ojeda, President of Rilea Group. “From the widest sidewalks in Wynwood—designed for outdoor dining and pedestrian life—to rooftop pools, lounges, padel courts, and 30,000 square feet of dynamic retail, Mohawk is more than a building, it’s a movement.

Bringing together a national powerhouse like Nuveen Green Capital with a relationship-driven institution like ABANCA is something we’re incredibly proud of,” Ojeda added. “ABANCA had the vision and conviction to finance our last multifamily project when many lenders stepped to the sidelines during the depths of COVID, and they continue to lead by example as one of the pioneers embracing C-PACE financing today. We’re equally grateful to Nuveen for placing their confidence in us with their largest multifamily loan in Florida, it speaks volumes about the strength of this project, this corridor, and our long-term partnership.

Slated for completion in 2028, Mohawk at Wynwood will offer expansive studios, one-, two-, and three-bedroom residences, including lanai units with private backyards. The building’s architecture features Chicago brick, industrial steel detailing, and floor-to-ceiling glass, echoing Wynwood’s artistic and warehouse-inspired aesthetic.

The project sits on NW 29th Street, now one of Miami’s fastest-growing corridors, with record-breaking rent growth and retail pricing that have made it one of the most valuable streets in the city.

Mohawk at Wynwood reflects Rilea Group’s position at the center of Miami’s most competitive development corridor. NW 29th Street has rapidly become one of the most sought-after streets in the city, attracting many of Miami’s heavyweight developers — including Related Group, Crescent Heights, AMLI (backed by Morgan Stanley), Kushner Companies, Terra Group, Oak Row Equities & L&L Holding, Carlos Rosso Development, PMG and OKO Group — who view the corridor as a long-term growth engine. Rilea Group is uniquely positioned with two projects at the heart of this corridor, reinforcing its emergence as a premier destination for residential, retail, and mixed-use development in Miami.

"We're proud to partner with Rilea Group and ABANCA on Mohawk at Wynwood, a project that redefines sustainable urban living," said Ryan Doyle, Senior Director of Originations at Nuveen Green Capital. "This is the largest C-PACE financing for a multifamily project in Florida, underscoring NGC's confidence in Miami's resilience and growth, as well as C-PACE's efficacy in financing large-scale development. Mohawk's design, efficiency, and community focus embody exactly the kind of forward-thinking development that will define the next decade of multifamily housing."

Rilea Group has launched the sale of Mohawk’s ground-floor retail spaces following the record-breaking success of retail sales at its adjacent condominium project, The Rider Residences. At The Rider Residences, Ciprés and Rilea Group achieved retail sales of up to $1,700 per square foot, and Mohawk at Wynwood has since surpassed that benchmark, setting a new national pre-construction record with retail sales reaching $1,850 per square foot. At Mohawk, approximately 33% of the retail component has already been sold to date, reflecting continued demand along the NW 29th Street corridor. The retail spaces are being co-listed by Cervera Real Estate and Comras Company and are available for purchase in cryptocurrency. The residential component of Mohawk will remain a purpose-built multifamily rental community.

Mohawk continues Rilea’s creative partnership with Deforma Studio and RADYCA, the visionary design teams behind The Rider Residences. Together, they are redefining the language of urban living in Wynwood — merging industrial authenticity with refined global design.

“As senior lender on Mohawk, we’re thrilled to deepen our relationship with Rilea Group and continue to be their banking partner in the U.S.,” said Monica Vázquez, General Manager, ABANCA USA. “This project unites world-class architecture with cultural authenticity and economic vitality—a true reflection of Miami’s global trajectory.”

Residents will enjoy rooftop pools and lounges with panoramic skyline views, a padel court, a Turkish hammam spa with cold plunges and infrared saunas, co-working lounges, children’s play areas, and a rooftop dog park.

“Our relationship with the Murphy family and the entire Coastal Construction team runs deep,” said Diego Ojeda, President of Rilea Group. “Together we’ve delivered some of Miami’s most respected buildings, and Mohawk will be no exception. We’re bringing the same precision, craftsmanship, and attention to detail to Wynwood — delivering what will be the neighborhood’s premier residential tower, with kitchens and appliances that are truly second to none.”

Construction of Mohawk at Wynwood is being led by Coastal Construction, marking Rilea Group’s sixth tower with the firm. The partnership began with J.P. Morgan’s 1450 Brickell Tower, and continues today with the massive Santander Tower at 1401 Brickell, now rising in Miami’s Financial District.

“The financing secured for Mohawk at Wynwood underscores both Miami’s sustained appeal among lenders and the strength of Rilea Group’s track record in one of the city’s fastest-growing neighborhoods,” said Suzanne Amaducci of Bilzin Sumberg, who represented Rilea Group in the transaction. “Wynwood has become a premier destination for residential and commercial development, and that momentum played a meaningful role in the project’s ability to attract C-PACE financing alongside a senior loan. Florida developers are increasingly turning to C-PACE financing to complete the capital stack, and I expect the C-PACE program will grow in popularity in 2026 and beyond.”

Rilea Group’s Mohawk at Wynwood and its adjacent project The Rider Residences will follow the success of the firm’s sold-out, luxury condominium The Bond on Brickell; 1450 Brickell Office Tower, home to J.P. Morgan’s headquarters; One Broadway luxury apartment tower; and the Sabadell Financial Center – all set within Miami’s sought-after Brickell Financial District, nicknamed “Wall Street South.”

Renderings via Rilea Group

For more information about Mohawk at Wynwood please fill out the form below:

PMG Locks Down $115 Million Construction Loan For Sage Intracoastal Residences Fort Lauderdale

National developer PMG is pleased to announce they have secured $115 million in construction financing for Sage Intracoastal Residences Fort Lauderdale, a 28-story boutique condominium nestled along 200 linear feet of Fort Lauderdale’s Intracoastal waterway. Financing was provided by GoldenTree Asset Management. The transaction was led by PMG's Capital Markets team composed of Andrew Warman, Jonathan Blank, and Paton Marion in coordination with in-house counsel Lowell Plotkin, Lindsay Davis, and Scott Buscemi. Saul Ewing served as PMG’s transactional counsel, and Gibson Dunn served as GoldenTree Asset Management’s transactional counsel. The property broke ground last month and is slated for completion in late 2027.

“Fort Lauderdale is defined by its waterways and natural beauty, and we’re proud to have GoldenTree’s continued support as we advance Sage Intracoastal Residences on the waterfront,” said Dan Kaplan, Managing Partner at PMG. “Positioned between the New River and the Atlantic, this boutique development will deliver year-round access to premier dining, recreation, and leisure, complemented by elevated design and wellness-driven amenities. We commend our capital markets team for underscoring Sage Intracoastal’s value and remain focused on setting a new standard in Fort Lauderdale as construction moves forward.”

Sage Intracoastal Residences Fort Lauderdale consists of 44 elegantly appointed residences displaying unobstructed views of the Intracoastal and Atlantic Ocean, perpetually protected by the Bonnet House Museum & Gardens. Designed by Fort Lauderdale-based FSMY Architects with interiors curated by acclaimed design firm BAMO, the property will offer two-, three-, and four-bedroom private residences starting at 2,767 square feet. Expertly designed to enhance privacy, there will only be two units per floor and a doubled distance away from neighboring buildings.

Each carefully crafted residence will be equipped with the finest finishes and features to deliver a truly harmonious residential experience. These include soaring 10-foot ceiling heights, Italian kitchen cabinetry custom-designed by BAMO, floor-to-ceiling energy-efficient and impact-resistant glass sliding doors and windows to maximize natural light, expansive private terraces with summer kitchens and clear glass railings for unobstructed views, custom Italian entry and interior doors, smart home technology, high-end appliances, midnight bars in primary bedrooms, and more. The Sage Penthouse Collection will extend further luxury and convenience to buyers through taller residential ceiling heights and private rooftops with summer kitchens and plunge pools.

A thoughtful array of over 19,000 square feet of exceptional, private indoor and outdoor amenities will also be available to residents, including an integrated wellness circuit. The wellness circuit will center around the Sage Wellness Spa, a tranquil space equipped with steam, sauna, and cold plunge areas, private treatment rooms, private his and hers lockers, and a relaxation area with outdoor terraces. Additionally, residents will have access to a state-of-the-art fitness studio with the latest high-tech exercise equipment, a movement studio, and a yoga lawn. Beyond wellness, Sage Intracoastal Residences Fort Lauderdale will present residents with ample outdoor amenity space, allowing them to reap more of the benefits of their stunning waterfront location. Outdoor amenities include an expanded jacuzzi, a spacious waterfront resort-style pool with a lounge area, a grilling station with dining tables, a water view bar and lounge, and private luxe cabana suites. Indoors, residents will have access to a state-of-the-art golf simulator.

Services available to residents include a private residential porte-cochère with 24-hour valet service, a 24-hour front desk concierge, sports equipment storage, house bicycles, a dog run, dog walking services, package delivery, and valet parking. Sage Intracoastal Residences Fort Lauderdale will also feature the latest in smart-building technology, as well as semi-private elevators and private elevator foyers for each residence.

PMG Residential is the lead sales team for Sage Intracoastal Residences Fort Lauderdale, with Jaime Cristancho, and Laura San Jose exclusively representing sales for the project.

Images via ARX Creative

For more information about Sage Intracoastal Residences Fort Lauderdale or to inquire about purchasing a unit please fill out the form below:

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.