Mast Capital And Koch Real Estate Investments Acquire The Islands of Islamorada Resort In The Florida Keys, Set To Launch Sales of Private Waterfront Villas

Mast Capital, in partnership with Koch Real Estate Investments, has acquired The Islands of Islamorada Resort, a luxury resort in Islamorada, Florida, offering convenient access to the Florida Keys’ renowned boating, fishing, dining and outdoor recreation destinations.

The joint venture of Mast Capital and Koch Real Estate Investments acquired the resort from the seller Frisbie Group. Berkadia Miami’s Scott Wadler arranged acquisition financing through lender Ardent Real Estate. It was reported in July 2024 that Wills Company had acquired the property for $72 million but Frisbie Group retained a stake in the partnership.

Located at 82779 Old Highway in the Upper Keys, just 90 minutes from Miami, The Islands of Islamorada Resort features 22 private, oceanside villas and eight hotel suites across a serene and exclusive enclave. The luxury resort offers direct water access and an elevated hospitality experience in one of the Florida Keys' most sought-after destinations.

Spanning approximately seven acres of exceptional shoreline property in Islamorada, known as the "Sport Fishing Capital of the World," the resort offers an array of upscale amenities, including two oceanfront swimming pools, a private beach, two pickleball courts, two playgrounds, a beachfront bar and a state-of-the-art fitness center. Guests also enjoy access to a private marina with boat slips, paddleboards, kayaks and sailboats for leisurely coastal pursuits, as well as personalized concierge services and event spaces for weddings, corporate retreats and other special occasions.

The new ownership group plans to re-launch sales and marketing efforts for the property's 22 waterfront villas, with Ocean Sotheby's International Realty serving as the exclusive sales broker. With prices starting at $3.8 million, the fully furnished, detached residences span 4,067 total square feet and feature four bedrooms, four full bathrooms, three-story layouts with covered waterfront loggias primed for outdoor entertaining, two-car garages with EV charging capabilities, premium finishes and appliances, integrated smart-home technology, and concrete block construction built to current hurricane code standards.

"The Florida Keys represent one of the country's most supply-constrained hospitality markets, where exceptional waterfront assets continue to benefit from strong long-term demand and high barriers to entry," said Jordan Kornberg, Chief Investment Officer of Mast Capital. "The Islands of Islamorada offers villa buyers a unique opportunity to own a newly built, high-quality residence in the heart of the Florida Keys with the lifestyle of a luxury resort and ability to generate income through the resort’s rental program."

“The financing reflects continued lender confidence in well-capitalized sponsors pursuing differentiated and high-barrier investments in supply-constrained markets like the Florida Keys," Wadler said. "The Islands of Islamorada offered a rare combination of an irreplaceable waterfront location, luxury condo-hotel product and an experienced ownership group with a clear business plan, allowing the financing to come together on an accelerated timeline."

The acquisition further expands Mast Capital's growing hospitality portfolio across Florida as it continues to invest in premier leisure and lifestyle destinations. The firm's hospitality holdings include the three Michelin-key destination Little Palm Island Resort & Spa in the Florida Keys, one of the state's most exclusive luxury island retreats and America’s only private island resort, accessible only by sea or sky. The firm also owns the iconic Saddlebrook Resort in Tampa Bay, a 480-acre property that recently relaunched following a transformative renovation.

In addition to its hospitality assets, Mast Capital is also currently advancing several high-profile residential projects, including The Perigon Miami Beach, an ultra-luxury oceanfront condominium developed alongside Starwood Capital Group; Cipriani Residences Miami, an 80-story luxury residential tower that recently topped off in Brickell; and Banyan Tree Residences West Palm Beach, Banyan Group’s first-ever residential project in the U.S. being developed in collaboration with Curated JCZM Development.

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Witkoff Secures $302.6 Million Construction Loan for First Phase of Kobi Karp-Designed Residential Development in Miami Worldcenter

Another major residential development is moving closer to construction in Downtown Miami after Witkoff, in partnership with Monroe Capital, secured a $302.6 million construction loan for the first phase of its planned three-tower community at 700 North Miami Avenue in Miami Worldcenter.

The financing marks a significant milestone for one of the final large-scale undeveloped parcels within Miami Worldcenter. The nearly five-acre property, formerly home to the historic Miami Arena, is planned for a master-planned residential development designed by Kobi Karp Architecture & Interior Design.

The financing was provided by Athene Annuity and Life Company, an affiliate of Apollo Global Management, together with J.P. Morgan Chase. The transaction refinanced approximately $57.3 million in existing debt while providing roughly $245.3 million in new construction financing. Lotus Capital Partners arranged the financing.

The project's first phase will include a residential tower rising approximately 600 feet with 894 residential units. Plans also call for 17,367 square feet of ground-floor retail space and a nine-story parking garage encompassing approximately 167,237 square feet.

Upon completion, the full development will feature three residential towers rising 50, 51 and 53 stories. The master plan includes 2,346 residential units, approximately 30,535 square feet of commercial space and 2,078 parking spaces, creating one of the largest planned residential communities within Miami Worldcenter.

The development continues to move through the City of Miami's permitting process. Site preparation has already been approved, while the master building permit and phased vertical construction permit remain under review. Construction costs for the first phase are estimated at nearly $270 million, with Coastal Construction serving as the project's general contractor.

Witkoff and Monroe Capital acquired the property for $94 million in 2021 after earlier redevelopment plans for the site were never realized. Before the current vision, the parcel had been slated for a Marriott Marquis hotel and convention center project that ultimately did not move forward.

The property occupies the former site of the Miami Arena, which opened in 1988 as the original home of the Miami Heat before later hosting the Florida Panthers, as well as concerts, sporting events and other entertainment throughout its history. The arena was demolished in 2008.

Located within walking distance of Brightline's MiamiCentral Station and other regional transit connections, the project represents another major step in the continued evolution of Miami Worldcenter as Downtown Miami's mixed-use neighborhood continues to expand.

Renderings via Kobi Karp Architecture & Interior Design

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Waterfront Estate In Bal Harbour Trades For $43 Million In Off-Market Transaction

A waterfront estate in Bal Harbour has traded for $42,973,750 in an off-market transaction, marking a record for the priciest sale in Bal Harbour this year.

Located at 56 Bal Bay Drive, the newly completed waterfront estate offers 7 bedrooms, 8 full baths and one-half bath across 10,801 square feet of interiors on a sprawling 21,225-square-foot lot with 100 feet of prime water frontage. Developed by Saber South Real Estate, the residence was designed by NMD NOMADAS and expertly constructed by Amarilla.

Per public record, the sellers are Michael G. Klinger of Saber Real Estate and his wife Michelle Klinger. They were represented by Dina Goldentayer with Douglas Elliman and Joel Lusky at The Brokerage South Florida Real Estate.

Bal Harbour is South Florida's most exclusive residential enclaves. Residents enjoy the convenience of a highly walkable environment, with beaches, acclaimed dining destinations and the world-famous Bal Harbour Shops all within easy reach. The community has a dedicated police department, which provides residents with an added sense of privacy and security. In 2024, Brazilian soccer star Neymar Jr. purchased a $26 million vacant waterfront lot in the community.

Images via Become Legendary

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Kobi Karp-Designed The Cove Residences, A Waterfront Collection, To Offer In-Home Concierge Medical Care to Residents

The Cove Residences, the 40-story boutique waterfront condominium rising in Miami’s Edgewater neighborhood, has announced a partnership with Healthcare on Demand, a premium healthcare concierge program designed to bring personalized medical care directly into residents’ homes. Powered by Healthcare On Demand, the new white-glove offering provides physician house calls, diagnostics and testing, recovery treatments and prescription delivery seven days a week. Included as part of ownership, the service will be available to residents at no additional membership cost as soon as residents move in. As luxury buyers increasingly prioritize health as an essential component of everyday living, the new program elevates the residential experience with proactive, modern wellness, further enriching The Cove Residences' exclusive waterfront lifestyle.

“Luxury living is evolving, and buyers are placing greater value on services that support their health,” said Joseph Stern, Co-Founder and Principal at SB Development, who is developing the project alongside Hazelton Capital Group. “At The Cove Residences, we wanted to create a lifestyle that feels effortless and deeply connected to wellbeing. Bringing healthcare into the home gives residents a level of access and peace of mind that goes far beyond a traditional amenity.”

Envisioned as a seamless approach to personal health, the new Healthcare On Demand concierge delivers rare convenience to owners of the tower’s 134 one- to four-bedroom residences. The healthcare concierge is tied to each residence rather than a specific individual, so owners, family members and guests will be able to access the included services within the home. At a time when coordinating medical appointments often requires significant advance planning, residents can access the highest standards of professional care without any scheduling stress, waiting rooms or unnecessary travel. Services include all facets of medical care, from pediatrics to women’s health, diagnostics like rapid labs, bloodwork X-rays and ultrasounds, as well as wellness and performance treatments such as IV therapy, vitamin boosts, anti-aging programs and joint recovery.

“Wellness is no longer limited to a gym or spa. It has become part of the way people evaluate their homes, their routines and their quality of life,” said Adam Westreich, Principal at Hazelton Capital Group. “The healthcare concierge at The Cove Residences is about giving residents the ability to prioritize their health without disrupting their lives. It is personal, private and available when they need it.”

The introduction of the on-call healthcare service reflects a broader shift toward wellness-driven living, a concept that The Cove Residences also embraced for its design and expansive amenity collection. The development features a state-of-the-art fitness center, yoga room, spa with cold plunge, massage rooms, hammam and sauna, outdoor meditation and Zen Garden, resort-style infinity pool, private cabanas and direct Baywalk access.

Outside of the wellness programming, residents will have access to a full suite of lifestyle amenities designed for work, entertaining and daily ease, including a business center with co-working space, reception and conference rooms, private offices, a theater room, private dining room with chef’s kitchen, game and billiards room, owner’s lounge with wine storage and children’s playroom. Rooftop summer kitchens with grills and seating, a waterside restaurant, water sports dock, pet spa, and valet parking with electric vehicle charging capability will further support a connected, service-oriented residential experience.

Located at 496 NE 29th Street, The Cove Residences is a leading Miami development featuring spacious residences with floor-to-ceiling glass, impressive wrap-around terraces, and interior finishes that emphasize natural textures and materials, blending indoor and outdoor living. With architecture by Kobi Karp Architecture and interiors by Dieguez Fridman Design, the homes provide both park and direct water frontage, sitting just 25 feet from the seawall. Pricing at The Cove Residences starts at $795,000. Completion is expected in 2028.

Douglas Elliman Development Marketing is exclusively handling sales and marketing at The Cove Residences.

Renderings via Metaform, a division of Conway

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Cipriani Residences Miami Tops Off Construction, Surpasses 80% Sold Ahead of Summer 2027 Delivery

Cipriani Residences Miami, the Cipriani brand's first ground-up residential development in North America, has officially topped off construction, reaching its full height of approximately 950 feet and marking a major milestone ahead of its anticipated Summer 2027 delivery.

Miami’s skyline has been fast changing with the other tallest completed towers including Aston Martin Residences rising 817’, One Thousand Museum by Zaha Hadid Architects rising 706’, and Paramount Miami Worldcenter rising 700’. Under construction in Brickell is The Residences at 1428 Brickell which will rise 861’; and, in Downtown Miami are The Waldorf Astoria Hotel & Residences Miami, which will be Miami’s first completed supertall with construction closing in on 1,049’, and Okan Tower which will rise 902’.

Now more than 80% sold, the 85-story landmark has attracted buyers from more than 30 countries across the Northeastern United States, the West Coast, Latin America and Europe, reinforcing both the enduring global appeal of the Cipriani brand and Miami's position as one of the world's premier destinations for high-end real estate investment and residency.

With the tower now at full height, construction remains on schedule for Summer 2027 occupancy, making Cipriani Residences Miami one of the only ultra-luxury residential towers in Brickell expected to deliver this coming year.

"For nearly a century, our family, inspired by our Italian heritage and traditions, has welcomed people from around the world with the same philosophy: to create places where elegance, service and hospitality come naturally," said Giuseppe Cipriani. "I am excited to see this spirit continue through Cipriani Residences Miami. It is not simply a residential tower, but a home where people can experience the comfort of simple pleasures, timeless style and effortless living."

The topping off represents more than a construction milestone. It reflects Miami's continued emergence as one of the world's leading destinations for global wealth and long-term investment. Buyers have come from more than 30 countries, with particularly strong demand across the Northeastern United States, the West Coast, Latin America and Europe, as well as established Cipriani markets including London, Milan, Monte Carlo and Mexico. Increasingly, purchasers are choosing Miami as a primary residence rather than a seasonal destination, underscoring the city's evolution into a global financial and cultural capital.

"This milestone represents far more than reaching the top of the tower. It reflects the continued evolution of Miami as one of the world's premier destinations for high-end real estate," said Camilo Miguel Jr., Founder and CEO of Mast Capital. "As we celebrate reaching full height and surpassing 80 percent in sales, we continue to see extraordinary validation from buyers around the world who recognize the exceptional quality of what we have created alongside our partners. Cipriani Residences Miami embodies our vision of delivering a truly world-class residential experience where exceptional design, legendary hospitality and disciplined execution come together to establish a new benchmark for luxury living."

Designed by Arquitectonica with interiors by 1508 London, Cipriani Residences Miami brings nearly a century of Italian hospitality into a collection of 397 residences inspired by the legendary service and understated elegance that have defined the Cipriani family since Harry's Bar first opened in Venice in 1931.

Residents will enjoy more than 50,000 square feet of private amenities, including signature Cipriani dining experiences, a resort-style pool deck, wellness facilities, a holistic spa, private screening room, children's play spaces, business lounges and the exclusive 37th-floor speakeasy overlooking Biscayne Bay.

"Reaching the top of the structure is a significant achievement because it brings buyers one step closer to taking ownership of their homes," said Scott Moss, CEO of Moss Construction. "Constructing one of the tallest residential towers in the country requires extraordinary coordination, engineering expertise and craftsmanship. Every milestone reflects the commitment of hundreds of professionals working together to deliver a building that will define Miami's skyline and set a new benchmark for residential construction. With occupancy beginning next summer, buyers can now see that vision becoming reality."

As the brand's first ground-up residential development in North America, Cipriani Residences Miami represents the evolution of nearly a century of hospitality into a permanent residential offering. Combined with Miami's continued emergence as one of the world's foremost destinations for international business and global wealth, the development has established itself as one of the city's defining residential addresses.

Occupancy is anticipated in Summer 2027. Sales and marketing for the project are exclusively represented by Fortune Development Sales. Residences are priced from $1.8 million, with The Canaletto Collection beginning at $4.1 million.

Renderings via The Boundary

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First Condo Listing in Miami Design District Hits The Market For $9.985 Million at Fouquet's Hotel & Residences, Miami Design District

The first condominium residence in the Miami Design District has hit the market for nearly $10 million. Unit 2101 Fouquet's Hotel & Residences, Miami Design District has officially been listed for sale, marking a milestone for the new luxury mixed-use development. Priced at $9.985 million, the listing offers buyers the first opportunity to purchase within what will become the first-ever residential development in the Miami Design District.

The listing marks the first residence within the development to officially come to market. The project will also introduce the iconic Fouquet's hospitality brand's first residential development in the United States, bringing the renowned Parisian luxury lifestyle to one of the country's fastest-growing luxury neighborhoods.

The four-bedroom, four-and-a-half-bath residence spans nearly 3,000 square feet and includes an additional den, expansive indoor-outdoor living areas, floor-to-ceiling glass and a large private terrace. Owners will also receive access to the full collection of services and amenities offered through the adjoining five-star Fouquet's hotel.

Developed by Miami Design District Associates (MDDA) in partnership with Raycliff Capital, Fort Partners and Constellation Hotels Holding Ltd., the mixed-use project will introduce both the neighborhood's first luxury private residences and its first luxury hotel. The arrival of Fouquet's is expected to serve as both a hospitality centerpiece and cultural anchor for the Miami Design District, creating a hospitality-driven residential experience in one of Miami's premier shopping, dining and cultural destinations.

Designed by Pritzker Prize-winning architect David Chipperfield of David Chipperfield Architects, the development pairs contemporary European architecture with interiors by RDAI, the Paris-based design studio internationally recognized for designing Hermès boutiques around the world. Together, the architectural and interior design teams aim to create a refined residential environment centered on timeless materials, natural light and understated luxury.

The development will feature 143 private condominium residences within a striking 25-story residential tower, connected to an adjacent 12-story hotel containing 85 guest rooms. Fouquet's will operate both the hotel and the residential component, bringing its signature hospitality model to homeowners through concierge services, curated programming, personalized experiences and hotel-style management.

Residents will enjoy approximately 40,000 square feet of amenities, including a rooftop swimming pool, state-of-the-art fitness center, golf simulator, spa, juice bar, salon and an extensive collection of wellness offerings. The hotel will also lead the property's food and beverage program, introducing five distinct dining concepts inspired by Fouquet's celebrated culinary portfolio, further integrating the hotel's hospitality experience into everyday residential living.

The project marks another milestone for the renowned French luxury brand. Founded in 1899 on Paris's famed Champs-Élysées, Fouquet's has grown into one of the world's premier hospitality names, with luxury properties in destinations including Paris, New York, Saint-Barth and Courchevel. The Miami Design District development will become the brand's second hotel in the United States, following the opening of Fouquet's New York in 2022, while also representing its first residential development in the U.S.

Situated at 39 NE 39th Street, the nearly two-acre property places residents in the heart of the Miami Design District, surrounded by internationally recognized luxury fashion houses, acclaimed restaurants, contemporary art galleries and public art installations. The location also provides convenient access to Wynwood, Brickell, Miami Beach and Miami International Airport, positioning residents within minutes of many of South Florida's leading cultural, business and entertainment destinations.

Corcoran Sunshine Marketing Group is serving as the exclusive sales and marketing firm for Fouquet's Hotel & Residences, Miami Design District. The listing of the project's first available residence provides an early look at what will become the Miami Design District's first residential development, combining internationally recognized design, branded hospitality and luxury residential living in one of Miami's most dynamic neighborhoods.

Renderings via Mr. P Studios & RDAI

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Selling Globally: Using Technology to Access International Real Estate Demand

Real estate has always had a global audience, but access has historically been limited by geography, timing, and process. Today, that dynamic has shifted. International buyers are more informed, more selective, and increasingly comfortable transacting remotely. What was once a relationship-driven, in-person process is now being redefined by digital access and immediacy. PropTech is at the center of this shift, giving developers and sales teams the ability to reach, engage, and convert buyers anywhere in the world.

The opportunity is significant. Markets like New York City, Miami, Dubai and Toronto have long attracted international interest, but that demand has taken on new importance in today’s environment. Global buyers can act as a stabilizing force when local markets slow, bringing in diversified capital driven by lifestyle goals, long-term investment strategies, or currency advantages. For new development projects, expanding beyond a local buyer pool is no longer a bonus, it is a necessity.

Historically, reaching these buyers came with challenges. Physical sales galleries limited access to those who could be present. Time zone differences slowed communication. Inventory and pricing were not always transparent or easily accessible. Transactions often required layers of manual coordination, adding friction to an already complex process. These barriers made it difficult to effectively engage international prospects, let alone convert them.

PropTech has fundamentally changed that equation. Today, buyers can explore projects at any time, from anywhere, through centralized digital platforms like BLACKLINE. Real-time inventory and pricing provide clarity and confidence, while digital contract generation and secure deposit systems streamline the path to purchase. The reliance on physical presence has been replaced with a model that prioritizes accessibility, speed, and transparency. For developers and sales teams, this means the ability to operate continuously, without the constraints of geography.

Equally important is the experience itself. For international buyers, confidence is built through clarity and immersion. The traditional sales gallery has evolved into a digital environment where high-quality renderings, interactive digital twin models, and virtual walkthroughs bring a project to life. These tools are not simply visual enhancements, they are essential in helping buyers understand space, context, and value from a distance. A well-executed digital experience ensures that the story of a development remains consistent, regardless of where the buyer is engaging from.

Behind the scenes, data plays a critical role. Modern CRM systems allow teams to track every interaction, from initial inquiry to final purchase, across multiple regions. This level of visibility provides insight into buyer behavior, preferences, and intent. It enables more targeted outreach, more relevant communication, and ultimately, more efficient sales strategies. Digital marketing channels can then be layered on top, allowing teams to reach specific international audiences with precision, rather than relying on broad, unfocused campaigns.

The competitive advantage is clear. Developers and sales agencies that embrace PropTech are able to move faster, operate more efficiently, and extend their reach far beyond traditional boundaries. They are no longer limited by physical infrastructure or local demand. Instead, they are positioned to meet buyers where they are, with the tools and information needed to make confident decisions.

The shift from local to global selling is already underway. PropTech is not an added layer to the sales process, it is becoming the foundation. As the industry continues to evolve, we are seeing developers go all in on these platforms to create a borderless approach to capture the next wave of international demand.

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Blue Road and Ilia Development Group's The William Residences Hits 35% Sold in North Miami Beach Participating in EB-5 Program

The William, a 374-unit, 26-story residential tower in North Miami Beach developed by Blue Road and Ilia Development Group, with sales and marketing led by Fortune Development Sales, has achieved 35% sold since launching sales in late Q3 2025. Situated at 2040 NE 163rd Street, the project continues to gain traction for its new construction offering, lifestyle-driven amenities, central location and international appeal.

The sales progress comes as buyers and investors are becoming more intentional about where they commit capital, looking for markets where connectivity, livability and relative value can support long-term appreciation. As limited availability and rising prices continue to define Miami’s most established neighborhoods, attention is shifting toward North Miami Beach, an area that has evolved into a coveted lifestyle destination.

“This milestone confirms what we believed from the beginning: buyers are ready to look at North Miami Beach differently,” said Jorge Savloff, founder and CEO of Blue Road. “The city has the access, lifestyle and momentum people are seeking, and The William is helping define what this next chapter can look like. Reaching 35% sold shows that buyers recognize the opportunity to be part of that growth early.”

The project spans a broad buyer base, from domestic purchasers seeking a more approachable path into Miami to international investors, particularly from Latin America, drawn to its EB-5 investment opportunity. Residences are priced starting in the mid $400,000s, providing a rare entry point into a new development elevated by world-class design.

“The William’s momentum stands out at a time when condo buyers are being highly selective,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The interest we are seeing from Colombia, Argentina and Mexico speaks to the continued strength of international demand for Miami, particularly when buyers see a compelling investment opportunity in properties that offer new construction, excellent connectivity, and strong long-term growth potential.”

Residences at The William range from studios to three-bedroom floor plans spanning 552 to 1,412 square feet, with sweeping balconies and floor-to-ceiling windows that bring light, views and outdoor living into the everyday experience. Interiors offer imported porcelain flooring throughout, setting a refined foundation for daily living. Kitchens bring together form and function with custom Italkraft cabinetry in a warm tobacco walnut finish, accented by tinted glass doors, brushed black chrome fixtures by Hansgrohe, quartz countertops with seamless backsplashes, and a fully integrated suite of Bosch appliances. Bathrooms echo this attention to detail with contemporary Italkraft cabinetry, quartz surfaces, porcelain tile walls and flooring, and Hansgrohe fixtures.

More than 40,000 square feet of amenities across the tower are designed around everyday living. Offerings include a resort-style pool and sun deck, fitness and wellness facilities, spa treatment rooms, outdoor dining and lounge areas, co-working and café spaces, a children’s playroom and playground, and rooftop gathering areas featuring a pickleball court, courtside lounge and sweeping views of Biscayne Bay and the Atlantic Ocean.

Architecture is led by internationally renowned Carlos Ott in collaboration with Behar Font & Partners, with interiors by Miami-based Urban Robot. Together, the design team brings a high-caliber residential vision to North Miami Beach, pairing a striking louvered façade with warm, contemporary interiors and shared spaces.

Positioned between I-95 and the Atlantic Ocean, The William places residents at the center of it all. Aventura Mall and Bal Harbour Shops, Oleta River State Park, golf courses, marinas, and world-class healthcare are minutes away, while access to I-95, SR-826, two international airports, and the Brightline Aventura station ensure effortless regional and global travel.

The William’s sales gallery is located at 16251 West Dixie Hwy, North Miami Beach.

Renderings via The William Residences / Blue Road

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Kempinski Residences Miami Design District Reveals New Interior and Amenity Renderings

Kempinski Residences Miami Design District has revealed new renderings showcasing both interiors and more amenity spaces, including the twin pool decks, yoga lawn, porte cochère arrival and the fourth-floor sky bridge connecting the two towers, one of the more unusual architectural moves in the project.

Kempinski Group is Europe’s oldest independent luxury hotel company, with the development representing Kempinski Group’s first branded residential project in the United States. Developed by DaGrosa Capital Development Partners LLC, Kempinski Residences Miami Design District is located at the gateway to the Miami Design District, at 3801 and 3883 Biscayne Boulevard.

Kempinski Residences Miami Design District is designed by Arquitectonica with interiors by Rockwell Group and landscape architecture by Enea. The project will feature 132 private residences across two 20-story towers, along with six townhomes and 17 guest suites exclusively for sale to residents. The residences will range from two to four bedrooms, with interiors measuring approximately 2,100 to 3,100 square feet and total living areas of up to 3,700 square feet. Expansive terraces will offer sweeping views of Biscayne Bay and the Downtown Miami skyline.

Amenities will span both towers, connected by an elevated fourth-floor amenity bridge. Wellness offerings will include a fitness center, spa and recovery zones, lap pool, cold plunge, infrared and steam saunas, and outdoor training areas. Social amenities will feature a restaurant with terrace seating, dining salons, a library with wine and game lounges, a screening room, and golf and Formula 1 simulator rooms. Family-focused spaces will include children's playrooms, splash pads, shaded play areas, and a padel court, surrounded by landscaped grounds and electric-vehicle charging stations.

Completion of the project is slated for Q4 2029. Sales are overseen by ISG World.

Renderings via ARX Creative

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Kobi Karp-Designed Edge House Miami Completes Foundation Pour, Begins Vertical Construction in Edgewater

Edge House Miami, the 57-story luxury residential tower rising in Miami's rapidly evolving Edgewater neighborhood, has reached a major construction milestone with the completion of its foundation pour, setting the stage for the project to begin its vertical ascent over the Biscayne Bay skyline.

Developed by internationally recognized Grupo T&C, the achievement represents one of the most significant phases of the construction process and underscores the continued momentum behind the Edge House, which is currently under active construction at 1837 NE 4th Avenue. Led by Thornton Construction Company, the foundation pour required more than 7,000 cubic yards of concrete delivered by over 700 concrete trucks during a continuous 30-plus-hour pour.

"This is an incredibly proud moment for our entire team," said William Ticona, General Manager of Grupo T&C. "For more than two decades, Grupo T&C has delivered residential communities throughout Peru, and Edge House represents an important part of our long-term vision in Miami. We are excited to continue expanding our presence in one of the world's most dynamic real estate markets."

Designed by internationally renowned architect Kobi Karp with interiors by Adriana Hoyos Design Studio, Edge House Miami is a luxury home-sharing condominium designed for flexible ownership to meet the needs of today's global buyer. Upon completion, the tower will deliver 608 fully furnished residences, including studios, one-, two-, and three-bedroom layouts, many featuring lockout configurations that provide owners with additional flexibility for personal use and rental opportunities.

"This is a significant step forward that transitions Edge House from a vision into a tangible landmark on the Miami skyline," said Jay Phillip Parker, CEO of Brokerage, Douglas Elliman’s Florida Region and President of Douglas Elliman Development Marketing, Florida. "The demand for sophisticated, flexible-ownership properties in Edgewater has never been higher. Today's global buyers want world-class design and turnkey convenience, and Edge House delivers exactly that in one of the city's most desirable waterfront neighborhoods."

The project's robust amenity offering includes a resort-style pool deck, wellness and fitness facilities, co-working and collaboration spaces, a professional-grade podcast studio, golf putting green, kids playground, owners' lounges, and hospitality-inspired services designed to support modern lifestyles.

The news comes as Edgewater continues to establish itself as one of Miami's fastest-growing residential neighborhoods, with billions of dollars in new development underway along Biscayne Bay. Once viewed primarily as a connector between Downtown, Midtown, Wynwood, and the Design District, the neighborhood has emerged as a residential destination, attracting a new generation of luxury and branded developments.

Douglas Elliman Development Marketing is the exclusive sales and marketing representative for Edge House Miami. Units are competitively priced, starting in the $550,000s, with completion anticipated in the fourth quarter of 2028.

Construction images via ARVA Studio | Renderings via Edge House Miami

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