BAM Developers and Ascendra Capital Open Seventeen Gables Sales Gallery in Coral Gables

Partners BAM Developers and Ascendra Capital are proud to announce the opening of their Seventeen Gables Sales Gallery, an immersive space designed to showcase the vision behind Seventeen Gables, the 117-unit attainable luxury condominium located at 1715 Douglas Road.

Located in the heart of Coral Gables at 120 Aragon Ave., the Sales Gallery reflects the sophisticated aesthetic that will define Seventeen Gables. Asprea Studio, led by acclaimed design architect and interior designer Karen Asprea, conceived both the project's interiors and the Sales Gallery, creating a seamless extension of the residential experience.

Blending timeless New York sophistication with Coral Gables' Mediterranean character, the space features warm natural materials, refined detailing and contemporary furnishings. A detailed scale model of the building, a full-scale model kitchen and curated displays allow visitors to explore the project’s architecture, interiors, premium finishes and elevated lifestyle.

"The Sales Gallery was designed to give buyers a true sense of what makes Seventeen Gables different," said Mayer Berkovits, founder and CEO of BAM Developers. "Construction began in April of this year, and opening the Sales Gallery marks the next step in bringing the project to life. Prospective buyers can now experience the project firsthand while seeing the momentum behind a community that is already taking shape.”

"Our commitment has always been to move forward with certainty," said David Steinberg, partner and CIO of Ascendra Capital. "Opening the Sales Gallery while construction is progressing demonstrates that commitment and gives buyers confidence that Seventeen Gables is thoughtfully envisioned and actively becoming a reality."

Seventeen Gables presents an opportunity to own new construction in one of South Florida's most desirable neighborhoods, with one-, two- and three-bedroom residences starting from the mid-$600,000s, a rarity for new construction in Coral Gables.

Anticipated to deliver in Q1 2028, the eight-story Seventeen Gables will become the tallest building in East Gables, offering uninterrupted panoramic views from the Coral Gables tree canopy to the Miami skyline. Each residence balances refined aesthetics with the needs of modern lifestyles, creating homes that are both elegant and efficient.

Residents will enjoy a collection of wellness and lifestyle amenities, including a state-of-the-art fitness center, sauna, resort-style pool, resident lounge, integrated co-working spaces, assigned parking and ground-floor retail.

Ideally situated at the intersection of 17th Street and Douglas Road, Seventeen Gables places residents within walking distance of Miracle Mile while providing convenient access to Downtown Miami, Brickell and Miami International Airport. Sales and marketing for the project are exclusively handled by Cervera Real Estate.

"As more new condominium developments cater to the ultra-luxury buyer, Seventeen Gables offers something increasingly rare in Coral Gables," said Jesse Ottley, President of Development Sales for Cervera Real Estate. "It combines thoughtful design, an exceptional location and an attainable price point without compromising on quality, creating a compelling opportunity for buyers."

Rilea Group Breaks Ground on Mohawk at Wynwood Mixed Use Luxury Rental Development

Veteran South Florida developer Rilea Group broke ground on Mohawk at Wynwood, a 300-residence mixed-use development that will establish the defining link between the Wynwood Arts District and Midtown Miami. Located at 50 NE 29th St., Mohawk joins two neighboring projects: The Rider Residences, a boutique condominium developed in partnership with Ciprés, the next-generation real estate development firm, and The Boxer, an eight-story rental building Ciprés is spearheading at 20 NE 29th St. Together, the two firms are shaping nearly an entire city block through the three transformative projects at the nexus of Wynwood, Midtown, Edgewater and the Miami Design District.

Rilea Group, the sales and construction teams, banking and finance executives, members of the brokerage community and select media came together for a ceremony to celebrate the groundbreaking on Sept. 23, 2026.

Mohawk is situated approximately 100 yards from Amazon's new Miami offices, in the middle of a corridor where, according to Rilea Group, more than $11 billion of real estate development is currently underway.

Comprising 12- and eight-story residential towers, Mohawk will feature 300 apartments and 29,118 square feet of ground-floor retail, organized around an open-air, cobblestone pedestrian paseo connecting Northeast 28th and 29th streets.

"Mohawk is punk rock in a tailored jacket," said Diego Ojeda, Founder of Ciprés and President of Rilea Group. "It is a mixed-use project, 300 residences over retail, but nothing about it behaves like one. Chicago brick, blackened steel and glass on the outside. High fashion, photography and rock and roll on the inside. Art on every floor. Nobody has built a rental building like this in Miami, and that is exactly the point. We are also giving the neighborhood its widest sidewalks, because a great restaurant deserves a real terrace. Our retail owners get room for tables, while the runner, the dog walker and the stroller still glide past without touching a chair. That is how Fifth Avenue works. That is how the Champs-Élysées works. We did not design Mohawk to fit in. We designed it to be the talk of the town, and the retail numbers say the town has already noticed."

Mohawk is Rilea Group's sixth project with Coastal Construction, a relationship that includes 1450 Brickell, home to J.P. Morgan's Miami headquarters, and Banco Santander's U.S. headquarters now rising at 1401 Brickell Avenue. Construction financing was provided by Nuveen Green Capital and ABANCA, the Spanish bank headquartered in Galicia. The project is slated for completion in 2029.

A Facade from the Industrial North, Interiors from London

Designed by Deforma Studio, Mohawk's exterior is influenced by Chicago and Brooklyn’s brick facades, with blackened steel and glass - an homage to the industrial architecture of the Northern region’s warehouses and factory lofts, carried as far as modern materials allow.

“Mohawk is our homage to the industrial North - the brick warehouses and factory lofts of Chicago, Brooklyn and Philadelphia, reinterpreted through a contemporary Miami lens,” said Javier Barrera, Principal of Deforma Studio. “The reclaimed brick is authentic, salvaged from old factories across the North East and Midwest, so there’s real history embedded in the building. We paired that material with dark metal and glass to capture the character of that industrial architecture without trying to replicate it literally. Diego gave us the freedom to be genuinely creative on this one, and you can see that freedom in every elevation.”

Interiors by RADYCA will distinguish Mohawk as Miami's most fashion-forward and rock-and-roll-focused residential apartment building, with photography, sculptures and murals accenting the lobbies, paseo and amenity floors.

"I went to London to be inspired for Mohawk," said Ramón Alonso, President of RADYCA. "Camden, Shoreditch, the old punk clubs and the fashion houses that grew up next to them. That collision of high fashion and rebellion is what Mohawk's interiors are about. Raw brick, blackened steel, velvet, photography on the walls, a lobby lit like a stage. It is a home for people who would rather be in the front row than the back."

Retail Built for Restaurants and Flagships

Mohawk's 27,990 square feet of ground-floor retail is for sale, with units from 642 to 2,544 square feet, each delivered with high ceilings, grease-trap-ready infrastructure and storefronts opening onto Northeast 28th Street, Northeast 29th Street and the paseo. Sidewalks along the project are 30 feet wide, sized to what shoppers find on Fifth Avenue in New York City or Calle Serrano in Madrid, with room for outdoor dining. On 28th Street, the retail abuts the new headquarters Rilea Group is building for Grammy-winning artist Pitbull.

The paseo, a cobblestone passageway inspired by New York's Meatpacking District, runs through the block from 28th to 29th Street, lined with shopfronts, sculpture and photography.

Retail sales at Mohawk have already set records. Approximately a third of the retail space is under contract at a blended price of about $1,800 per square foot, the highest retail pricing ever achieved in Wynwood or Midtown Miami. Early this year, an international buyer acquired five units for approximately $14 million settled in USDT, a U.S. dollar-pegged stablecoin, the largest crypto-settled commercial real estate sale in Miami’s history, executed with tokenization specialist Propy. Cryptocurrency payments remain available for retail purchases. Cervera Real Estate and The Comras Company lead the retail sales team.

Residences and Amenities

Rising above the streetscape, studio, one-, two- and three-bedroom apartments will feature tile flooring throughout, Bertazzoni appliances and kitchens with Dekton by Cosentino countertops, backsplashes and cabinetry. Select homes will open onto spacious lanais and private outdoor living areas.

Rooftop amenities across both towers will include a pool deck, a padel court, secluded gathering areas and a dedicated dog park. Indoors, residents will find a Turkish hammam, a gym, a double-height lounge and offices designed for focused work. Recreational offerings will encompass a game room, indoor and outdoor children's play areas, a separate lounge and bar and a private park. An enclosed garage will accommodate 318 vehicles, with 17 additional on-street parking spaces adjacent to the property.

Past PROFILEmiami articles about Mohawk at Wynwood:

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

BI Group USA Reaches Second Floor Construction Milestone at Parkside Residences Brickell

BI Group USA, the North American arm of Central Asia’s largest developer, has reached a key construction milestone at Parkside Residences in Brickell, with the second-floor slab now poured as construction progresses on the eight-story residential development.

A total of 664 cubic yards of concrete was placed for the second-floor slab, covering approximately 26,200 square feet. With vertical construction now advancing to the upper floors, the project is scheduled to top out by the end of 2026 and deliver in Q1 2028.

“Reaching this milestone is a strong reflection of the progress being made on site and the momentum behind Parkside,” said Olzhas Ayazbayev, CEO of BI Group USA. “With the building now rising above ground level, Parkside is beginning to make a visible impact on the Brickell skyline and the surrounding neighborhood. We remain focused on delivering a thoughtfully executed development that contributes to the next chapter of growth in Miami’s urban core.”

Located at 1741 SW 2nd Ave., Parkside is a 187-unit residential development designed by nationally acclaimed architect Kobi Karp. The project is centered on wellness, social connection and seamless urban living, with amenities designed to support a balanced lifestyle within the heart of Brickell.

Residents at Parkside will enjoy a thoughtfully curated collection of amenities centered around wellness, comfort and everyday sophistication. A rooftop pool deck and lounge will feature outdoor seating and overlook the Brickell skyline.

The amenity offering will also include a Technogym fitness center, dedicated cycling studio, yoga and mindfulness space, a spa circuit with a sauna and steam room, hot and cold plunges, as well as a coworking lounge with a private meeting room, all thoughtfully curated to reflect Parkside’s intimate, boutique residential experience.

The development offers studio, one- and two-bedroom residences with layouts designed to maximize functionality, natural light and everyday living. Homes feature open-concept floorplans, floor-to-ceiling windows, private balconies and modern finishes, with select residences offering expanded corner layouts and additional living space.

Pricing starts in the $400,000s. Sales and marketing are being handled exclusively by ONE Sotheby’s International Realty. 

Past PROFILEmiami articles about Parkside Brickell:

For more information about Parkside Brickell fill out the form below:

Edge House Miami Reveals Limited Collection Of Private Office Suites For Condo Buyers

Edge House Miami has unveiled a new collection of 100 private office suites exclusively available to qualifying condominium buyers, introducing a dedicated professional workspace component within the 57-story Edgewater development.

New renderings provide the first look at the offices, which will be available to buyers of select two- and three-bedroom residences priced from $1.2 million. Rather than placing another desk inside the residence, qualifying owners will have their own dedicated workspace elsewhere within the building.

Each private office will span approximately 100 square feet and be delivered fully furnished and ready for use, featuring a lockable glass entry, professional desk and chair, Wi-Fi connectivity and TV pre-wiring.

The offices will be incorporated into a larger business environment with conference and meeting rooms, reception services and coworking areas, along with a professional-grade podcast studio and an on-site café and bakery.

The concept responds to the growing role of remote and hybrid work in residential design. According to a 2026 Homes.com survey provided by the developer, 74% of new-construction buyers consider a home office important, while 49% want a second home office and 64% work remotely at least one day per week.

The private offices will also integrate with the development's flexible-ownership model. Through Edge House's EdgeFlex program, owners will be able to offer their residence and associated private office separately or together, subject to applicable terms and restrictions.

Construction is currently underway on Edge House Miami, developed by Grupo T&C with architecture by Kobi Karp and interiors by Adriana Hoyos Design Studio. Upon completion, the tower will feature 608 fully furnished residences, including studios and one-, two- and three-bedroom layouts, with many featuring lockout configurations designed for greater flexibility between personal use and rental opportunities.

The private offices join an amenity collection that includes a resort-style pool deck, wellness and fitness facilities, coworking and collaboration spaces, a golf putting green, children's playground and owners' lounges.

Residences at Edge House Miami start in the $550,000s, while select two- and three-bedroom residences qualifying for a private office begin at $1.2 million. Douglas Elliman Development Marketing is the exclusive sales and marketing representative, with completion anticipated in the fourth quarter of 2028.

With its new private office collection, Edge House is taking the home-office concept outside of the residence itself, giving qualifying owners a dedicated place to work within the building while maintaining separation between home and professional life.

Past PROFILEmiami articles about Edge House Miami:

For more information about Edge House Miami fill out the form below:

Oak Row Equities Launches Pre-Leasing for Neo Edgewater Luxury Rental Residences

Oak Row Equities, a leading South Florida real estate investment and development firm, has launched pre-leasing at Neo Edgewater, a new luxury rental building offering 399 thoughtfully designed residences in Miami’s Edgewater neighborhood. Located at 2600 Biscayne Blvd within a 41-story mixed-use development, the apartments feature ultra-fine finishes, floor-to-ceiling windows and remarkably open floor plans, providing a refined residential experience for modern Miami living. The building will be ready for move-ins this October.

“We’re excited to launch pre-leasing for Neo Edgewater and introduce future residents to a community that captures the energy of Edgewater with sophisticated design, exceptional amenities and a true sense of place,” said David Weitz, Co-Founder and Managing Partner at Oak Row Equities. “As Miami attracts new residents from around the world, we’re confident Neo will resonate with renters seeking a luxury lifestyle in one of the city’s most vibrant and centrally located neighborhoods.

Designed by Arquitectonica with interiors by Vida Design, Neo Edgewater will offer homes ranging from approximately 500 to 1,700 square feet, from studios to three-bedroom residences with select den layouts available, each crafted for effortless everyday living. Expansive ceiling heights and floor-to-ceiling windows create bright, open interiors, while private balconies in select residences allow residents to embrace Miami’s indoor-outdoor lifestyle.

Designed with both style and functionality in mind, kitchens feature spacious islands, European-style cabinetry, quartz countertops and premium appliances. Throughout each residence, spa-inspired bathrooms, custom walk-in closets, blackout shades and in-unit laundry enhance everyday comfort. For those seeking a more elevated experience, Penthouse residences feature soaring ceilings, discreet paneled appliances, integrated wine coolers and upgraded designer features.

“As Edgewater evolves into a leading residential Miami neighborhood, demand for high-quality residences has never been stronger,” said Erik Rutter, Co-Founder and Managing Partner at Oak Row Equities. “Neo reflects Oak Row Equities’ commitment to thoughtful development and our ability to bring transformative mixed-use projects to neighborhoods that are shaping Miami’s future.”

Complementing the residences, Neo Edgewater’s amenity collection is designed to support the rhythm of everyday life, with spaces that center around wellness, productivity, and social connection. Residents will have access to a 30,000-square-foot Equinox flagship fitness center, a resort-style pool deck with cabanas, co-working spaces, a padel court on weekends, a rooftop deck on the 41st floor for private gatherings, along with a staffed residential lobby and pet-friendly amenities, adding convenience to daily living.

Beyond its residential offering, 2600 Biscayne, the mixed-use development encompassing Neo Edgewater, will include approximately 205,000 square feet of Class A office and retail space. Designed as a true live-work-play destination, the project has attracted a distinguished roster of commercial tenants, including Equinox, the globally recognized luxury fitness brand, Coastal Construction, one of South Florida's leading general contractors, and Ferraro Law Firm. The office component expands Oak Row Equities' growing commercial portfolio, which includes Wynwood Plaza, anchored by Amazon, and The Oasis, home to Spotify's South Florida headquarters. The office and retail building is scheduled to open alongside the residences this October.

Situated between Midtown, the Miami Design District, Wynwood, Downtown Miami, and Miami Beach, Neo Edgewater is at the center of Miami's cultural and lifestyle offerings. Residents will be minutes from waterfront green space at Maurice A. Ferré Park, acclaimed dining at Amara at Paraiso, luxury shopping in the Miami Design District, and cultural landmarks including the Pérez Art Museum Miami (PAMM), Phillip and Patricia Frost Museum of Science, the Adrienne Arsht Center for the Performing Arts, and Kaseya Center. Biscayne Boulevard, I-195, and I-95 provide seamless connectivity throughout Greater Miami.

Leasing at Neo Edgewater is exclusively led by Bozzuto.

Exterior renderings via Quantam Space Studio / Common space & residence renderings via Vida Design

Past PROFILEmiami articles about Neo Edgewater / 2600 Biscayne:

For more information about Neo Edgewater fill out the form below:

Inside The Vision to Transform Rickenbacker and Marine Stadium Marinas On Miami's Virginia Key Into A Publicly Accessible Waterfront Destination

Nearly a decade after the City of Miami held a competitive public process to revitalize its aging marinas on Virginia Key and create more access to Biscayne Bay, Miami voters will have the opportunity to move that vision forward this November. The proposal by Virginia Key LLC — a joint venture between RCI Group and Suntex Marinas — would transform approximately 27 acres encompassing the Rickenbacker and Marine Stadium Marinas into a modern, environmentally responsible waterfront destination for all. The plan replaces aging infrastructure, improves marina operations, restores the property as a public asset, and activates the Biscayne Bay waterfront as a destination for residents and visitors.

Virginia Key LLC would fund more than $80 million in improvements through private investment – with no taxpayer dollars needed – and the Rickenbacker and Marine Stadium Marinas would remain City-owned. Public benefits include:

• Over 1,200 linear feet of landscaped waterfront promenade, giving Miami residents and visitors more access to Biscayne Bay.

• Public space to walk, run, bike, paddle, and enjoy Virginia Key – whether or not you own a boat.

• Additional waterfront dining options that will welcome families year-round.

• Improved access to water recreation, with opportunities to paddle, row, gather, and enjoy more of Virginia Key.

• More shade trees and landscaping, including an expanded tree canopy and improved pedestrian areas.

• A new, modernized marina, including 750 dry slips and 202 wet slips, upgraded boater amenities, indoor hurricane-rated dry storage and improvements to replace aging facilities.

• Environmental and resiliency improvements, including a commitment to pursue Florida Clean Marina designation and LEED-certification.

From a Marina for Some to a Waterfront for All

Virginia Key LLC’s plans to revitalize the Rickenbacker and Marine Stadium Marina property date back more than a decade through two competitive City procurement processes. In 2017, the City of Miami issued a public RFP seeking proposals to redevelop and operate the property. A City selection committee ranked Virginia Key LLC — the RCI Group and Suntex Marinas team — as the top-ranked proposer and the City Manager approved the recommendation. After years of litigation, the courts ordered the City to place Virginia Key LLC’s proposal before Miami voters. Most recently, a Miami-Dade Circuit Court judge rejected an effort by the current operator of Rickenbacker Marina and others to block the November referendum.

RCI and Suntex bring decades of experience developing, improving, and operating marinas in Florida, as well as a track record of managing publicly owned facilities. Their South Florida portfolio includes Miami Beach Marina, Bayshore Landing, Bahia Mar, and Haulover, with marinas in their portfolio meeting Florida’s Clean Marina standards — unlike the current operator, whose Rickenbacker Marina is not designated as a Florida Clean Marina. That experience gives the team the expertise and resources needed to deliver significant upgrades long envisioned for Virginia Key.

RCI Group has been family-operated for more than 50 years and is led by boating enthusiasts Robert Christoph Sr. and his son, Robert Christoph Jr. Since establishing a Miami presence in the 1980s, the company has played a hands-on role in developing and managing residential, commercial and marine properties across the U.S., including five marinas in Florida.

“My best memories growing up involve being on the water with my family. Biscayne Bay is special, but there are too few places in Miami where families can truly connect with the water. It’s time to open more access to the Virginia Key waterfront,” said Robert W. Christoph Jr., president of RCI Group. “For decades, this incredible public asset has been underutilized and difficult for many Miami families to fully enjoy. We have an opportunity to change that with more than $80 million in improvements funded entirely by private investment — not a single dollar from Miami taxpayers. Our team will create a destination where families can walk along the bay, friends can meet for lunch, and people can kayak, paddleboard, or simply enjoy the view.”

Suntex Marinas is one of the nation’s largest owners and operators of marinas, with more than 30 properties in Florida. The company specializes in the development and management of marinas, with extensive experience investing in and revitalizing publicly owned properties.

“As a City of Miami resident, I know how blessed we are to have Biscayne Bay in our backyard,” said David Filler of Suntex Marinas. “Virginia Key should be a place where more people can enjoy that waterfront. The Rickenbacker and Marine Stadium Marina should be world-class and accessible, rather than off-limits, outdated, and underutilized. Our plan will create a place where families, residents and visitors can enjoy the bay, walk the waterfront, and experience Virginia Key. The marina will remain the anchor for our project, with the waterfront becoming accessible to far more people than it is today.”

1,280 New Jobs and More Than $200 Million in Revenue for the City of Miami

If voters approve the referendum, Virginia Key LLC will enter a 45-year lease with the City of Miami that will generate significantly more revenue for the City. The agreement guarantees Miami at least $2.2 million in annual base rent — more than six times the current operator’s base rent. In addition, the City will receive 6 percent of all gross revenues generated by the improved Rickenbacker and Marine Stadium Marina, bringing projected annual rent to approximately $3.8 million — more than double the current rent. Over the initial 45-year term, Miami will receive more than $200 million in revenue, while the project will create 1,280 jobs during construction and long-term operations.

The November ballot language reads as follows:

Shall City lease approximately 27.62 acres on Virginia Key to Virginia Key, LLC, for:

• 45-year initial term with two 15-year renewals;

• Minimum annual guaranteed rent to City of $2,200,000 (with escalations) totaling approximately $203,980,000 over the initial term plus 6% of gross revenues;

• Approximately $80,000,000 privately funded investment to redevelop existing Rickenbacker and Marine Stadium Marina in an environmentally sensitive manner, including boat storage, restaurants, retail, and public parking?

Past PROFILEmiami articles about Suntex Marinas & Virginia Key:

For more information about Suntex Marinas please fill out the form below:

Faena Unveils First-Ever Penthouse Collection at Faena Residences Miami, Led by $39.5 Million Crown Residence

Faena has unveiled its first-ever penthouse collection at Faena Residences Miami, offering a first look at the most exclusive residences planned for the brand's permanent residential destination along the Miami River.

Leading the newly revealed collection is the $39.5 million Crown Residence, a two-story penthouse designed by Faena Design Studio in collaboration with internationally acclaimed Bryan O'Sullivan Studio. The residence will sit at the pinnacle of the twin-tower development and also marks Bryan O'Sullivan Studio's first project in Miami.

The penthouse collection represents a new tier within Faena Residences Miami, extending the brand's approach to hospitality, design and residential living into the development's most exclusive private homes.

Faena Residences Miami is being developed by Fortune International Group, led by Edgardo Defortuna, and KAR Properties, led by Shahab Karmely, at 90 SW 3rd Street along the Miami River.

Designed by Rafael Viñoly Architects, the development will comprise 434 condominiums across two 60-story towers. The broader residential interiors are being designed by Faena Design Studio and Bryan O'Sullivan Studio, bringing Faena's distinctive visual identity together with O'Sullivan's approach to luxury hospitality and residential design.

The newly unveiled penthouses will crown a residential collection previously planned with homes ranging from approximately 700 to 3,300 square feet. The $39.5 million Crown Residence now establishes the highest tier of the offering as Faena reveals the pinnacle of the project for the first time.

Beyond the private residences, the development is distinguished by Faena Rose, an approximately 45,000-square-foot cultural, social and wellness environment suspended between the two towers. Located across three dedicated levels from floors 61 through 64 and nearly 700 feet above the Miami River, Faena Rose architecturally connects the towers while serving as a central gathering place for residents.

Faena Rose is designed around year-round cultural and community programming, with spaces for talks, performances, salons, dinners, wellness experiences and intimate gatherings. Its amenity collection includes an infinity-edge pool overlooking the Miami River, restaurant with bar and dining terrace, private dining room, library lounge, screening room, billiards room, creative lounges and private suites, along with The Pistil, a central social venue featuring a bar and dining terrace.

The project's wellness offering extends to the podium-level Tierra Santa Healing House, which will feature a spa and longevity program incorporating hydrothermal experiences, botanical steam rooms infused with South American herbs, horizontal rain shower beds, cold plunge and red-light therapy, heated stone beds and additional wellness spaces.

Residents will also have access to fitness and movement studios, outdoor workout terraces, a padel court, golf simulator and resort-style pools with cabanas and hospitality services throughout the development.

Faena Residences Miami represents an expansion of the brand's presence in South Florida, carrying the art, culture, wellness and hospitality concepts associated with Faena into a large-scale residential development on the Miami River.

The project is also planned as part of the broader Faena District Miami River, establishing a connection between the brand's presence in Miami Beach and its next destination within Miami's urban core.

With the unveiling of its first-ever penthouse collection, Faena is now revealing the highest level of the residential experience planned for the Miami River development. At $39.5 million, the two-story Crown Residence sits at the top of that collection, bringing together Faena Design Studio and Bryan O'Sullivan Studio for the project's signature private residence.

Past PROFILEmiami articles about Faena Residences Miami:

For more information about Faena Residences Miami please fill out the form below:

Prosper Group and Versluys Group Reveal Bugatti Residences Miami In Brickell

Prosper Group, a visionary real estate development firm led by CEO Jay Roberts, in partnership with Versluys Group, the more than a century-old Belgian real estate developer helmed by CEO Bart Versluys, have revealed Bugatti Residences Miami, heralding a significant new chapter for the legendary French marque as it enters the U.S. luxury residential market.

Located at 75 SW Miami Avenue Road on one of Brickell’s last waterfront parcels, the 60-story tower will feature 183 residences, including four signature penthouses, and more than 300 feet of frontage along the Miami River, offering direct access to Biscayne Bay and Miami’s celebrated boating lifestyle.

Brickell is one of Miami’s most dynamic international neighborhoods, attracting global investment alongside a growing community of executives, entrepreneurs and tastemakers who have chosen to live, work and socialize here. Its cosmopolitan appeal is emphasized by a highly walkable urban core, with acclaimed dining, retail and entertainment just steps away – a complementary environment for Bugatti’s refined point of view.

Since Ettore Bugatti founded the marque in Molsheim, France, in 1909, it has been guided by his defining principle: “If comparable, it is no longer Bugatti.” From hand-assembled hypercars that pioneered an automobile category to an expanding collection of branded lifestyle offerings, that ethos remains evident more than a century later in Bugatti’s unparalleled attention to detail, inimitable craftsmanship, and exclusive savoir-faire.

That foundation shaped the brand’s successful inaugural residential project, Bugatti Residences by BinGhatti in Dubai, and will continue to inform its evolution. Bugatti Residences Miami will take on a new expression, inspired by the city’s tropical setting and distinct cultural character, with the same incomparable standards.

“Miami’s bold architecture, creative spirit and global appeal makes it a compelling setting for our next Bugatti Residences project,” said Wiebke Ståhl, Managing Director of Bugatti International. “Our vision is to consider every aspect, from exquisite design to seamless service and operations, creating a branded residential experience unlike any other.”

At the heart of the project is a partnership that combines European heritage and expertise from Bugatti and Versluys Group with Prosper Group’s forward-looking approach, blending legacy with contemporary edge.

“For more than a century, Versluys Group has built its reputation on craftsmanship, quality and creating residences that stand the test of time," said Bart Versluys, CEO of Versluys Group. "What attracted us to Bugatti was a shared commitment to excellence and an understanding that true luxury extends far beyond aesthetics. By bringing together exceptional development, world-class design and a hospitality-driven operating model, we are creating a residential experience that we believe will set a new benchmark for branded living.”

“Bugatti Residences Miami unites one of luxury’s most respected brands with a city shaping the future of high-end real estate," said Jay Roberts, CEO of Prosper Group. "Miami has become the global epicenter for wealth migration, institutional investment and sophisticated living, with Brickell embodying the prime, waterfront site that is central to Prosper Group’s development strategy. It is a natural home for Bugatti’s branded residential debut in the United States.”

Bugatti has selected Rhodium as the exclusive global residential operating partner to deliver a bespoke lifestyle experience defined by white-glove butler service. With the Monaco Royal Family among its investors, Rhodium is a leading name in the rarefied luxury market, with a portfolio spanning some of the most prestigious branded developments. Together, Bugatti and Rhodium are introducing a new model for branded living, where service and the ownership experience are considered alongside architecture and design from the outset.

Interiors are envisioned by internationally acclaimed design studio Yabu Pushelberg, led by Interior Design Hall of Fame inductees and BoF 500 members George Yabu and Glenn Pushelberg. With a celebrated portfolio spanning Aman, EDITION, Four Seasons and Rosewood, the firm will bring its unique approach to Bugatti Residences Miami, translating the marque’s design philosophy throughout the living environment to capture its sense of beauty and exhilaration.

Globally renowned firm Brandon Haw Architecture leads the development’s architectural vision, drawing on Bugatti’s distinctive design DNA and signature hypercar elements, including the iconic C-line for the tower.

Sales are slated to launch in the first half of 2027.

Past PROFILEmiami articles about Bugatti Residences Miami:

For more information about Bugatti Residences Miami fill out the form below:

DFRE™ Begins The Triangle, A $35 Million Workforce Housing Development Designed by ODP Architects in Miami’s Health District

Miami-based development firm DFRE™ has revealed The Triangle, a $35 million mixed-use workforce housing development bringing 112 rental residences to Miami’s Health District, one of the city’s largest employment hubs. Located at 1750 NW 15 Street Road, the eight-story, 121,636-square-foot project is currently under construction and will provide thoughtfully designed, attainable housing within close proximity to the district’s major employers and transit connections.

The development comes as Miami-Dade County faces a need for approximately 35,000 additional workforce housing units to address the growing gap between housing costs and local incomes, a challenge particularly relevant in the Health District, which supports more than 46,000 jobs across healthcare, institutional and other essential sectors. The Triangle is being developed under Florida’s Live Local Act, with all 112 rental residences income-restricted to households earning up to 120% of Area Median Income (AMI).

“Our responsibility extends far beyond developing real estate,” said Daniel Dias, principal at DFRE. “With The Triangle, we’re turning a site in the heart of the Health District into attainable, well-designed housing for the people who serve this community. It’s about giving Miami’s workforce the opportunity to live closer to where they work while creating a place that strengthens the neighborhood for the long term.”

Designed by ODP Architects—the Miami-based firm behind high-profile developments including Villa Miami—The Triangle brings a luxury-caliber design approach to workforce housing. Its articulated façade of projecting balconies, recessed glazing, vertical screening elements, and warm soffit accents create depth, privacy, and a strong indoor-outdoor connection. Generous glazing and integrated planting bring natural light and greenery directly into the residential experience. These features also provide shade and reduce solar exposure, demonstrating that thoughtful design and affordable housing can go hand in hand.

The development will feature:

• 112 rental, 450-square-foot studio units with private balconies and club membership included

• A landscaped 10,000-square-foot pool terrace located on the fifth level, featuring private cabanas, an outdoor television, dedicated gathering spaces, and a fully equipped outdoor grilling area

• A 3,500-square-foot ground-level fitness center featuring a health food and juice bar, complemented by private fitness studios and dedicated cardio rooms across the second through fourth levels

• Direct access to green space designed to promote wellness and community connection

• Additional amenities include dedicated parking, secure bicycle storage, resident club room, in-residence laundry facilities, full-time on-site staff, and a dedicated package room

Ground-floor uses will activate the streetscape, while the project’s walkable location connects residents to Jackson Memorial Hospital, the University of Miami Health System, public transit, neighborhood services and retail throughout the Health District. Local artists will also be incorporated throughout the development, reinforcing Miami’s cultural identity and creating a distinctive sense of place.

The Triangle reflects DFRE’s distinct approach to urban infill: transforming an overlooked, irregular “odd lot” parcel into a transit-oriented community designed around how residents live, work and connect. The triangular site, with a single point of ingress and egress along NW 15th Street Road, presented unique design and construction challenges. Through close collaboration between design and structural teams, DFRE transformed these constraints into opportunities, optimizing the building footprint, circulation, structural systems, and overall site functionality while creating a compelling design.

“Some developers see difficult sites. We see opportunities,” said Laura Weinstein-Berman, principal at DFRE. “The Triangle proves that workforce housing does not mean compromising on design or quality. We’ve approached the architecture, residences and shared spaces with the same level of intention you would expect from a high-end development, because thoughtful design should not be determined by price point. We want to create a place that residents are genuinely proud to call home.”

The Triangle is anticipated to top off in mid-2027, with completion slated for early 2028.

Unlike a traditional build-and-exit development model, DFRE owns, develops, operates and programs its properties, staying invested from acquisition and design through long-term operations. This model gives the firm a direct role in how its properties serve residents and contribute to their neighborhoods long after construction is complete.

The Triangle builds on a development model DFRE has already implemented across Miami. In Little Havana, El Jardín Inn transformed a collection of historic Art Deco buildings near Calle Ocho through adaptive reuse and historic preservation, introducing boutique hospitality, cultural programming and partnerships with local artists and businesses. In Overtown, Peach on 14th reimagined an underutilized urban site through a public-private partnership as a mixed-use neighborhood hub combining affordable work-live residences, commercial and civic uses, public space and an exhibition gallery.

Looking ahead, DFRE plans to expand its South Florida pipeline with additional workforce housing and mixed-use developments grounded in affordability, design, sustainability and long-term neighborhood investment.

Past PROFILEmiami articles about The Triangle:

For more information on The Triangle please fill out the form below:

Gioia Hospitality Group Set To Open La Sponda on September 19 in Coconut Grove at Vita at Grove Isle

Building on the success of Daniel's Miami, recently named the highest-ranked Florida steakhouse on the World's Best 101 Steak Restaurants list, and Daniel's, A Florida Steakhouse, which has earned Michelin Guide recognition, Gioia Hospitality Group founders Thomas Angelo and Kassidy Angelo will open La Sponda, an elegant waterfront Italian restaurant inspired by their family's heritage, this September at CMC Group’s recently delivered luxury condominium Vita at Grove Isle.

Marking the hospitality group's first Italian concept, La Sponda represents a natural evolution for Gioia Hospitality, whose reputation has been built on exceptional cuisine, warm hospitality, and thoughtfully designed destinations. More than a restaurant, La Sponda is a deeply personal expression of Thomas Angelo's lifelong connection to Italy, drawing from his family's roots in Puglia and decades spent exploring the country's regional cuisine, artisans, wineries, and traditions.

"I grew up in a family deeply rooted in southern Italy, where some of my favorite memories were made in the kitchen and my travels with my children to Puglia,” said Thomas Angelo, Co-Founder of Gioia Hospitality Group. "Those memories became the foundation for La Sponda, and our hope is that every guest who walks through our doors feels that same sense of warmth, connection, and hospitality."

"This restaurant is incredibly personal to us because it brings together our family's traditions with everything we've learned while building Gioia Hospitality. We can't wait to welcome guests into a place that feels as warm and memorable as the homes and restaurants that inspired it,” said Kassidy Angelo, Co-Founder of Gioia Hospitality Group.

“Grove Isle has long held a special place in Miami, with a history as one of the city’s most celebrated waterfront destinations,” said Ugo Colombo, Founder of CMC Group. “With Vita, our vision has been to honor that legacy while introducing a new expression of luxury and waterfront living. La Sponda is a natural extension of that vision bringing exceptional dining, hospitality and design together to create a destination that enhances the lifestyle at Vita and once again establishes Grove Isle as a place for the broader Miami community to experience and enjoy.”

While Daniel's introduced guests to one of the country's most celebrated steak programs, La Sponda continues Gioia Hospitality's culinary legacy, complementing that steak-driven foundation with handmade pasta, pristine seafood, exceptional wines, and genuine hospitality that come together around the table. Leading the culinary program is Chef Danny Ganem, who has worked alongside Thomas and Kassidy to bring the family's vision to life. Fresh pasta is made in-house daily, alongside an evolving selection of crudo, antipasti, and seafood, with signature specialties inspired by the founders' favorite dishes and family traditions, alongside dishes drawn from different regions across Italy. Highlights include Spaghetti alla Chitarra al Tartufo with Burgundy truffles, cultured butter, and Parmigiano espuma; Paccheri al Campagnolo with Aquanaria Branzino, Datterini Tomatoes, Capers, Olives; Branzino alla Vernaccia with Taggiasca olives, potatoes, tomatoes, and basil; and an Australian L'Grow Ranch Wagyu Bistecca Fiorentina, a Wagyu porterhouse finished with rosemary, Balsamico di Modena, and Gioia olive oil.

Complementing the culinary program, Wine & Beverage Director Daniel Bishop will curate a globally influenced wine collection anchored by Italy’s most celebrated regions and inspired by the Angelo family’s Italian heritage. The list will showcase benchmark reds, including Barolo and Barbaresco from Piemonte, celebrated Tuscan selections, lighter-style Etna reds from Sicily, and wines from Puglia that pay homage to the Angelo family’s roots. Bright, mineral-driven coastal whites of Italy will complement the collection, evoking the seaside regions and destinations of the Amalfi Coast, Taormina, and Cinque Terre. French, Spanish, and California wines will further round out the program, alongside select vintages spanning up to 20 to 25 years. The collection will continue to evolve over time, shaped by seasonality and guest preferences.

Signature cocktails include the refreshing Summer in Amalfi Spritz with Martini & Rossi Prosecco, St-Germain, Italicus Aperitivo, Condesa Gin Clásica, and cucumber; Zio Tony, a tropical riff on the Paper Plane, with Angel’s Envy Daniel’s Cask Bourbon, Sarti Aperitivo, Amaro Nonino Riserva, passion fruit, and lemon; and Garibaldi Fresca, a playful take on the Italian classic with Campari and fluffy pineapple and orange juices.

Over the past several years, Thomas, Kassidy, Danny Ganem, and Daniel Bishop have traveled extensively throughout Italy, immersing themselves in regional culinary traditions while building relationships with producers, winemakers, artisans, and suppliers. Every journey helped shape La Sponda, from discovering family-run wineries and sourcing exceptional ingredients to selecting handcrafted materials and finding inspiration in the timeless hospitality that defines Italy's most beloved destinations.

Designed by Martin Brudnizki Design Studio, the restaurant blends timeless European elegance with the relaxed sophistication of Coconut Grove. Nearly every element throughout the space was thoughtfully sourced from Italy, including handcrafted furnishings, imported stone, custom tables, and artisan finishes. Guests are welcomed into an intimate dining room anchored by crisp white tablecloths, hand-painted architectural details, a baby grand piano, and a private dining room tucked away for special occasions. While the restaurant is rooted in Italian craftsmanship, subtle nods to Coconut Grove can be found throughout the interiors, including custom lamps individually hand-painted by a local artist with illustrations inspired by the neighborhood's iconic peacocks and tropical surroundings. With seating for approximately 120 guests, La Sponda was designed to feel both grand and welcoming, bringing together refined luxury and the warmth of an Italian home.

True to Gioia Hospitality Group's philosophy, service will remain at the heart of the La Sponda experience. Led by an experienced front-of-house team, guests can expect warm, attentive hospitality inspired by the traditions of Italy, where every meal is treated as an occasion and every guest is welcomed like family.

La Sponda will initially open for dinner on Wednesday – Sunday. Reservations will be available on Resy.

Images via The Louis Collection

Past PROFILEmiami articles about Vita at Grove Isle and Gioia Hospitality Group:

For more information about Vita at Grove Isle please fill out the form below: