Related Group and Integra Investments Break Ground On RAMSA-Designed St. Regis Residences Miami in South Brickell

Leading real estate companies Related Group and Integra Investments have broken ground on The St. Regis Residences, Miami (The Residences), the highly anticipated residential tower rising on the Biscayne Bay waterfront in Miami’s South Brickell neighborhood. Featuring 152 bespoke residences — including penthouses, sky villas and two exclusive stand-alone garden villas — the project offers a once-in-a-generation opportunity to experience the timeless elegance and celebrated five-star services that define the St. Regis brand. Coastal Construction is overseeing construction and completion is expected in 2027. Over 65% of the homes at the 50-story ultra-luxury condominium tower are now in contract.

“The groundbreaking for The St. Regis Residences, Miami marks a pivotal step in bringing an unparalleled luxury experience to one of South Florida’s most dynamic urban neighborhoods,” said Nick Pérez, President of Related’s Condominium Division. “With each milestone, we’re transforming the Downtown Miami skyline, introducing a level of sophistication and service that only the St. Regis brand can deliver.”

Located at 1809 Brickell Ave., The Residences is brought to life by a visionary team, with architecture by the esteemed Robert A.M. Stern Architects (RAMSA) and interiors by the acclaimed Rockwell Group. This striking property represents the first residential development in South Florida for RAMSA, which drew inspiration from the elegant aesthetic of golden-age ocean liners at sea, merged with the modern allure of skyscrapers.

“We’re proud to bring the St. Regis name to a premier site on the South Brickell waterfront,” said Nelson Stabile, Principal at Integra. “Upon completion, this extraordinary property will offer buyers an elevated lifestyle unmatched in the area, blending hospitality-driven services with exceptional views and ease of access to the best of Downtown Miami.”

In keeping with the St. Regis brand’s uncompromising commitment to excellence, residents will experience one of the most robust amenities packages on the market, with more than 50,000 square feet of indoor and outdoor spaces, including a professional-grade fitness center with a pilates and yoga studio; a full-size pickleball court; a private marina; a world-class spa and holistic wellness center; and an indoor lap pool. Signature butler services complete the lifestyle experience, including deliveries to residences, an on-premises house car, shoeshine service and other personal arrangements. Park-like grounds surround the building with lush landscaping designed by the acclaimed Swiss design firm, Enea Garden Design.

The culinary offerings at The Residences are equally exceptional. With the iconic St. Regis Tea Room and a fine-dining restaurant led by Michelin-starred chef Fabio Trabocchi, residents are treated to an unparalleled dining experience, redefining the concept of 'dining in.'

Related Realty is the exclusive sales and marketing partner for The Residences.

Renderings via Binyan Studios and PC_ CG Render Visualizatin Studio, Inc.

For more information about St. Regis Residences, Miami or to inquire about purchasing a unit please fill out the form below:

Related Group, Rockpoint and Two Roads Development Secure $424 Million Construction Loan For Rivage Residences Bay Harbour

Related Group (Related), Rockpoint, and Two Roads Development have closed on $424 million in financing for the construction of Rivage Residences Bal Harbour (Rivage). The loan was provided by TYKO Capital, a multi-billion-dollar commercial real estate investment management platform led by Adi Chugh.

As the first new ultra-luxury condo tower in the exclusive Village of Bal Harbour in more than a decade, Rivage has seen robust demand since its unveiling in January of 2023. The strong sales pace has resulted in more than $100 million in sales over the last 60 days. Construction began in September 2024, with delivery expected for 2027.

“We envisioned Rivage as an unparalleled jewel of luxury and service, surpassing even the most prestigious residential offerings in this iconic community,” said Nick Pérez, President of Condominium Development at Related. “With TYKO’s invaluable support, we are poised to bring that vision to life, once again setting a new standard in one of the world’s most competitive real estate markets.”

“We welcome the opportunity to have the TYKO team work alongside Related, Rockpoint and Two Roads to bring Rivage to Bal Harbour,” said Dan Domb, Managing Member at Rockpoint. “With construction and sales both well underway, we look forward to delivering this unique luxury residential property in the supply-constrained greater Miami market.”

Rivage is nestled between the Intracoastal Waterway and 200 feet of uninterrupted oceanfront, immersing residents in Miami Beach’s breathtaking natural beauty. Comprising just 56 sky villas, the boutique condominium features world-class designs by the award-winning architects Skidmore, Owings & Merrill (SOM) and interior design firm Rottet Studio. Each residence reflects organic influences, with open-concept layouts that flow seamlessly into expansive living areas and oversized terraces with unobstructed views of the Atlantic Ocean and Biscayne Bay. Designed to provide a single-family home experience, the residences range from 3,300 to nearly 13,000 square feet and include both in-unit elevator access and private parking garages. Sales and marketing for Rivage Bal Harbour is exclusively overseen by Douglas Elliman Development Marketing (DEDM).

A focus on wellness connects the more than 25,000 square feet of on-site amenities, including a state-of-the-art fitness pavilion with panoramic views; a hammam spa complete with hot/cold plunge pools and private treatment rooms; and pickle and paddle ball courts surrounded by lush landscapes designed by Swiss design firm Enea Landscape. Residents and guests can also unwind with relaxed options, from private, chef-driven food and a cocktail lounge to a VR game simulator and a kids' playroom. Resort-style services, including a 24/7 residential butler and dedicated lifestyle concierge, round out the package and ensure all residents’ needs are met.

“Rivage Bal Harbour is destined to become a landmark in luxury, a place where exceptional design and prime location meet,” said Taylor Collins, Managing Partner at Two Roads. “With this development, we’re raising the bar for what high-end living can be in South Florida, and we’re looking forward to delivering a property that residents will cherish and celebrate.”

“This relationship represents not just a financial backing, but a shared commitment to creating a residential experience that exceeds even the highest standards,” says Adi Chugh, Founder and CEO of TYKO Capital. “It’s a pleasure to join such an exceptional project team. We’re excited to bring this once-in-a-lifetime development to life and to witness how it will elevate Bal Harbour to even greater prestige.”

The Village of Bal Harbour has been an enclave for the elite since its establishment in 1929. Located between iconic South Beach and Sunny Isles, the waterfront community has long been a favorite for snowbirds, offering easy access to the world-famous Bal Harbour Shops as well as the very best of South Florida.

Renderings via ARX Creative

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

Witkoff Group and PPG Development Lock Down $273 Million Construction Loan For Shell Bay

Witkoff Group and PPG Development have closed on $273 million in construction financing for Shell Bay, a private 150-acre, Mediterranean inspired Miami enclave featuring forthcoming Auberge-branded residences and a hotel, as well as the region’s first private golf club in decades. The financing was provided by J.P. Morgan and BDT & MSD Partners, two premier financial institutions who both have longstanding relationships with the project’s developers. Faisal Ashraf of Lotus Capital Partners represented the sponsors on the transaction.

“We’re proud to work with two of the leading real estate lenders in the United States that believe in our vision,” said Alex Witkoff, Co-Chief Executive Officer of Witkoff Group. “With 150 acres of land, Shell Bay represents a last-of-its-kind opportunity for waterfront new development of this scale in South Florida. The residences will be the most extraordinary and amenitized in the area.”

Pearl and Michael Herman’s Premium Capital purchased the property in 2018 and partnered with visionary developers Steven and Alex Witkoff to build Shell Bay Club and the Auberge Hotel and Branded Residences.

“The lifestyle we’re developing at Shell Bay is second to none,” said Ari Pearl, Founder and President of PPG Development. “Achieving this important milestone is a marker of Shell Bays success, and we value the trust our lenders have in us.”

The closing of the loan comes just before the groundbreaking of The Residences at Shell Bay, a 20-story condo tower serviced by Auberge. Featuring architecture by Kobi Karp and interiors by AvroKO, The Residences at Shell Bay is imagined as an oasis for those who live exceptionally. While the 108- residence tower is expected to open in 2027, residents already have immediate access to the amenities within Shell Bay’s idyllic private club setting. The opportunity to enjoy exclusive sporting and leisure experiences in advance of a building’s completion is a rare and hugely appealing draw for clientele in today’s new development market.

Currently open at Shell Bay and available to future residents is a private championship golf course designed by World Golf Hall of Famer Greg Norman, a 12-acre practice facility, nine-hole Par 3 course, a Racquet Club featuring all four Grand Slam surfaces, pickleball and padel courts, basketball courts, batting cages and a children's discovery playground. The destination will also boast a 48-slip private marina for direct water access to the Intracoastal, a private members’ clubhouse with an indoor/outdoor wellness spa, elevated event spaces, an array of dining venues and more. Plans for the boutique 60- key Auberge hotel and spa that will house many of these exclusive experiences are underway.

The Residences at Shell Bay provides a rare ownership opportunity to buyers seeking an elite lifestyle within this coveted destination. Central to the concept is the thoughtful interior design by AvroKO. Open-concept layouts offer panoramic views of the golf course, fairways and Intracoastal Waterway, while the custom kitchens bring high-performance, chef-caliber Gaggenau appliances together with exquisite craftsmanship. This includes finishes like custom white oak cabinetry, honed marble countertops and burnished brass hardware. The residences blur the line between indoor and outdoor living and deliver a true sanctuary for tranquility and refinement.

Further providing an unmatched lifestyle is a private collection of ultra-luxury, resident-only amenities that complement the offerings available throughout the Shell Bay Club and future Auberge hotel. A world-class food and beverage program led by Michelin-starred Chef Julien Jouhannaud offers residents private dining, and a resort-style swimming pool, full-service medical day spa, as well as a fitness center with indoor and outdoor facilities prime for personal or small-group training refine the wellness component. Children’s amenities keep kids of all ages happy and engaged, from a children’s play lab and creation studio to a gaming lounge, screening room with candy bar and a game room with bowling alley.

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

Merrimac Ventures Unveils Plans for Bungalow East Residences in Fort Lauderdale Beach

Merrimac Ventures, a renowned South Florida real estate investment and development firm, has announced the launch of sales for Bungalow East, an exclusive luxury condominium set to rise in Fort Lauderdale Beach. The 14-story boutique development will house just 34 residences, each designed with refined elegance and offering extensive amenities in one of the area’s most walkable and desirable beachside communities.

Situated at 530 North Birch Road, Bungalow East is positioned steps from both the Atlantic Ocean and the Intracoastal Waterway. The project, anticipated to break ground in late 2025 with an 18-month construction timeline, embodies Merrimac Ventures’ legacy of transforming Fort Lauderdale Beach from a seasonal “Spring Break haven” into a premier resort destination. This vision was first ignited by the Motwani family over 35 years ago through the strategic acquisition and redevelopment of oceanfront motels, paving the way for acclaimed developments like the Four Seasons Hotel and Residences, the Conrad Hotel, and Paramount Fort Lauderdale.

“Fort Lauderdale Beach’s transformation has been extraordinary,” said Dev Motwani, Co-Managing Partner of Merrimac Ventures. “Our family has been invested in this community for decades, and Bungalow East is a special project that completes our vision for this area.”

Bungalow East will feature spacious three- and four-bedroom residences ranging from 2,100 to 2,800 square feet, with options for flexible floor plans. Two exclusive penthouses, each spanning approximately 4,000 square feet and boasting private rooftop decks, are also part of the offering. Homes are priced between $2 million and $4 million and will feature floor-to-ceiling windows, expansive terraces with summer kitchens, and high-end finishes that evoke a sense of sophisticated luxury.

The building's design, a collaboration between Swedroe Architecture and Adriana Hoyos Design Studio, embraces natural elements with neutral palettes, wood accents, and sleek modern finishes. Each residence will come equipped with private elevators and chef-inspired kitchens complete with gas-range stoves, emphasizing the development’s focus on upscale, functional living.

Amenities at Bungalow East are designed for a lifestyle of relaxed luxury. Highlights include a resort-style pool deck, a wellness center with massage rooms and a beauty salon, a rooftop sunset lounge, and a yoga lawn. Additional offerings include a gaming and entertainment lounge, a conference center, and pet-friendly features such as a dog run and spa. A ground-floor retail space is slated to house a future café or wine bar, adding to the neighborhood's vibrant atmosphere.

Residents will also gain membership privileges at the Fort Lauderdale Yacht Club and exclusive access to the Conrad Hotel Fort Lauderdale, which includes beach service and full use of the hotel's amenities.

“OneWorld Properties is thrilled to lead the sales and marketing of Bungalow East,” said Peggy Olin, CEO of OneWorld Properties. “This development will redefine luxury living in Fort Lauderdale Beach, offering residents both exclusivity and convenience in an unparalleled location.”

Fort Lauderdale Beach continues to attract a wave of new residents and investors, driven by Florida’s favorable tax policies and high quality of life. Bungalow East is poised to cater to this growing demand, appealing to locals and out-of-state buyers seeking proximity to the beach and access to South Florida’s vibrant culture.

The community’s prime location offers residents easy access to North Beach Village’s top dining and entertainment spots, including The Secret Garden Dining Club, Truluck’s, and Casablanca Café, as well as cultural attractions like the Bonnet House Museum & Gardens and the trails of Birch State Park.

$94.5M Construction Loan Secured for Excel Miami in Arts & Entertainment District

Clearline Real Estate has secured $94.5 million in construction loans to advance the development of Excel Miami, a 24-story multifamily tower situated at 1550 NE Miami Place in the Arts & Entertainment District. This financing is crucial for the completion of the high-rise, which aims to offer modern urban living while embracing the artistic culture of downtown Miami.

The loan package is anchored by a $68.5 million senior construction loan from Centennial Bank, spearheaded by Jay Brito. In addition, Southern Realty Trust Inc. (SRT) provided a $26 million subordinate loan, arranged through an affiliate of the company.

Excel Miami is being developed by Clearline Real Estate, a New York- and Miami-based firm led by Jenny Bernell. Clearline specializes in multifamily real estate investments across emerging markets in the United States, focusing on projects that align with population and economic growth.

The tower, designed by Arquitectonica, is set to bring a contemporary and sophisticated architectural style to Miami’s multifamily housing landscape. Excel Miami Apartments will cover 214,183 rentable square feet and offer 427 residential units. The diverse lineup of living spaces includes studios, one- and two-bedroom apartments, and 13 unique townhouse lofts, catering to a wide range of lifestyles and preferences.

Residents of Excel Miami will have access to an impressive array of amenities housed on a dedicated floor with 18-foot ceilings. The amenity package includes a pool, a yoga deck, a fitness room, co-working spaces, a screening room, and podcast suites—providing a balanced blend of relaxation, wellness, and productivity.

Strategically located near the Metromover School Board Station, the tower promotes a transit-friendly lifestyle that appeals to professionals and urban dwellers seeking both convenience and connectivity in the heart of Miami. Excel Miami is poised to elevate the standard for multifamily living, offering residents a seamless blend of modern design and accessibility to the city’s dynamic cultural scene.

Related Ross Commences Vertical Construction For Robert A.M. Stern Architects-Designed 'South Flagler House' in West Palm Beach

Related Ross has commenced vertical construction at South Flagler House, marking a key milestone for the firm’s first luxury condominium in the state of Florida. Located at 1355 South Flagler Drive in West Palm Beach, South Flagler House features 108 two- to five-bedroom homes, including penthouses and guest suites, across two 28-story towers, The Park Tower and The Lake Tower. The unparalleled development, which features exterior architecture by renowned Robert A.M. Stern Architects (RAMSA), interiors by acclaimed interior designer Pembrooke & Ives, and spectacular waterfront views overlooking Palm Beach Island and the Atlantic Ocean, is expected to welcome its first residents in 2027.

“Related Ross has been invested in the evolution of West Palm Beach for over 25 years, and this milestone underscores the strength of our development team, along with all of our exceptional partners,” said Bryan Cho, Executive Vice President of Development at Related Ross. “We have seen incredible buyer response to date, a testament to the exceptional design, amenities, and lifestyle that South Flagler House provides.”

Residents of South Flagler House will experience a rarefied lifestyle with expansive homes and access to the celebrated Related Life experience program, an impressive array of amenities, concierge services, access to private events, culinary offerings, and programming akin to the world’s most exclusive private members clubs. Pricing for current availability begins at $6 million and ranges up to $73 million. Suzanne Frisbie of The Corcoran Group and Corcoran Sunshine Marketing Group is leading sales for South Flagler House.

Led by visionary developer Stephen Ross, Related Ross is a fully integrated real estate firm with unparalleled expertise in mixed-use development. Related Ross is leading the transformation of West Palm Beach into one of the fastest growing cities in the nation to live, work and visit. Related Ross leads the market in Class A office with over 2.8M square feet of existing commercial holdings built and under construction. Known for luxury residential buildings, Related Ross is introducing a new class of rentals and condos to the market including The Laurel and South Flagler House. The company also developed and owns the most celebrated destinations in the region including CityPlace – the most visited neighborhood in the City, fostering culture and enriching the community with lush green spaces, a diverse mix of experiential retail and culinary offerings, the largest concentration of public art installed by a private company in Palm Beach County, educational programming and modern residences; as well as Hilton West Palm Beach, RH West Palm and the historic Harriet Himmel Theater.

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

Altman Living Unveils New Luxury Apartment Community Altis Grand Kendall

Altman, a prominent developer in multifamily and industrial real estate, has opened its latest project Altis Grand Kendall, 342 upscale apartment homes to Miami's Kendall neighborhood. This addition brings a sophisticated living environment tailored to modern renters, combining sleek interiors with a robust range of high-end amenities.

Located at 9455 SW 137th Ave., Altis Grand Kendall features a selection of one-, two-, and three-bedroom residences. Each unit showcases a modern design with efficient layouts, integrating premium elements such as quartz countertops, stainless steel appliances, and hard-surface flooring. Spacious walk-in closets, full-size washers and dryers, and private patios or balconies are also standard, with select units offering primary bathrooms outfitted with double sinks, soaking tubs, and walk-in showers. Prices for these contemporary homes range from $2,195 to $4,090.

Developed under Altman Living’s Altis brand, known for its elegant yet functional designs, the community reflects a commitment to elevated living. "Altis Grand Kendall has attracted significant interest from renters who value luxury and convenience in a vibrant setting," said Seth Wise, CEO of Altman. "Our goal with every project is to create exceptional experiences, offering thoughtfully crafted living spaces paired with unmatched amenities."

Residents have access to a broad range of wellness-oriented and recreational amenities. The outdoor area features a heated saltwater pool with private cabanas and lounge seating, pickleball courts, a playground, and an outdoor pavilion with grilling stations and a fireplace. A serene lake and multi-use trail accommodate outdoor activities like jogging, biking, and walking, while pet owners will appreciate the enclosed dog park and dog spa.

Indoor amenities further enhance the living experience. The 24/7 fitness center is complemented by a yoga and cycling studio equipped with the interactive Mirror. Additional luxuries include a spa lounge with a sauna and massage room, a virtual sports simulator, and a movie lounge with high-definition projection. Social spaces such as a game room and a resident lounge serving Starbucks coffee add to the community atmosphere, while a business lounge caters to remote workers with private conference rooms and collaborative workstations.

Altis Grand Kendall’s prime location ensures residents are well-connected, with easy access to SW 88th Street, the Florida Turnpike, and nearby employment hubs like the University of Miami and Miami Executive Airport. The community is also close to top-rated schools, shopping centers like Dadeland Mall, and attractions including Zoo Miami and the Lowe Art Museum.

Designed by the award-winning firm Anillo Toledo Lopez, LLC, Altis Grand Kendall exemplifies Altman Living’s legacy of creating spaces that blend elegance and comfort, appealing to diverse lifestyles in a rapidly growing Miami neighborhood.

Check Out This $54 Million Star Island Mansion Previously Owned By Rosie O'Donnell

43 Star Island, previously owned by Rosie O'Donnell, has just been listed for $54 million by Compass agent Liz Hogan. Set on over an acre of land overlooking 203 ft of prime waterfront, the 11,104 sq ft. private tropical oasis is currently the only home for sale on the island. Star Island is a widely recognized, celebrity enclave located in Miami Beach known as one of America’s most expensive neighborhoods and home to celebrities, athletes and politicians. Notable current residents include Jenifer Lopez, Ken Griffin, Rick Ross,and Gloria Estefan.

Dr. David and Linda Frankel bought the property from Rosie O’Donnell in 2013. Dr. Frankel was a renowned doctor, professor and businessman with a portfolio of properties in New York, including the Prada store which they sold in 2012 for $416 million.

A generational opportunity to purchase on Miami Beach's most coveted guard-gated Star Island. Spanning over an acre of lush foliage, this meticulously curated private compound boasts over 200’ of prime WF w/captivating skyline & Bay views. Upon entry to the double height foyer, you will find numerous entertaining areas throughout the 11K SF+ residence. The expansive gourmet kitchen is outfitted with Viking, SubZero & Miele appliances, and an oversized island & breakfast room flows effortlessly into the elegant dining room. All bedrooms are ensuite & generously sized. Additional highlights include a bar, office, upstairs kitchen & family room, workshop, rooftop terrace, two separate guest houses, boathouse, & more.

Images via Mike Ruiz / Legendary Productions

Event November 6 | PROFILEconnect: Spec Homes & Ultra Luxury Real Estate at Lafayette Miami

On November 6, PROFILEmiami, South Florida's leading real estate media powerhouse, will host an exclusive deep dive into the lavish world of ‘Spec Homes & Ultra-Luxury Real Estate’ at the vibrant and sophisticated Lafayette Steakhouse in Brickell. The brainchild of Mr. Hospitality and CEO/Founder Mathieu Massa, Lafayette Steakhouse seamlessly blends the nostalgic allure of a classic American steakhouse with the refined atmosphere of a London speakeasy.

The event will begin with an insightful, in-depth panel discussion and lavish Bespoke Networking cocktail party with cocktails powered by E11EVEN Vodka. For those seeking to extend the experience can elect for a sit-down networking dinner which will showcase Lafayette’s renowned culinary expertise alongside the leaders of the Miami real estate industry (additional charge; see details below).

PROFILEmiami’s ‘Spec Homes & Ultra-Luxury Real Estate’ exploration, brings the spotlight to Miami and South Florida’s hot ultra-luxury single-family home sector where pricing has seen sharp increases as buyers have clambered to lock in their waterfront property amongst ever dwindling inventory. The panel will feature one of the leading spec home architects Ralph Choeff of Choeff Levy Fischman, powerbrokers Nelson Gonzalez and Dora Puig, top spec home developer Pascal Nicolai of Sabal Development, interior designer Thomas Diverio from Dunagan & Diverio Design Group, moderated by spec home developer Mathieu Massa from Massa Construction Group.

PROFILEconnect brings together Miami’s real estate industry and business professionals to network and connect outside of a business setting. The evening is set to be attended by South Florida’s most active spec home developers, architects, brokers, investors, interior designers and financiers. Guests will have the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders.

The evening will begin with Bespoke Networking with a premium open bar powered by E11EVEN Vodka and gourmet bites courtesy of Lafayette Steakhouse during the Panel & Cocktails portion of the event. Guests wishing to enhance their experience can partake in an elective three-course sit-down networking dinner, promising a truly indulgent culinary journey alongside the leaders of the Miami real estate industry. The exclusive chef-curated menu boasts a selection of decadent choices: appetizers include Prime Beef Filet Carpaccio, Fried Jumbo Shrimp, or Smoked Kurobuta Pork Belly BBQ; mains include a 6-oz Filet Mignon, Lafayette Cheeseburger, or Pan-Seared Striped Bass; and dessert options feature Half-Baked Cookie, America French Toast, or Dulcey Chocolate Popcorn Sensation. This exquisite dinner offers a perfect close to a night of elite networking and culinary delight.

Date: November 6, 2024

Time:

• Panel & Cocktails: 5 - 7 PM (Panel starts at 6 PM)

• Sit-Down Networking Dinner: 7 PM (Optional Additional Charge)

Location: Lafayette Steakhouse, 1111 SW 1st Ave., Miami, FL 33130

Tickets:

• $150 Panel + Cocktails (Limited to 150 Tickets)

• $275 Networking Dinner + Panel + Cocktails (Limited to 50 Tickets) - A La Carte menu and private reservations available by request.

*Exclusive 3-Course Networking Dinner Menu ($275)
Your choice of (per course):
Appetizers 🍤
- Prime Beef Filet Carpaccio
- Fried Jumbo Shrimp
- Smoked Kurobuta Pork Belly BBQ 

Entree 🥩🎣
- 6-oz Filet Mignon
- Lafayette Cheeseburger
- Pan-Seared Striped Bass

Dessert 🍪
- Half-Baked Cookie
- America French Toast
- Dulcey Chocolate Popcorn Sensation

Sponsors:

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Sponsorship Information

1.5M SF Mixed-Use Development Sawyer’s Walk Delivers Target in Miami's Overtown

Sawyer’s Walk, the largest mixed-use development in the historic community of Overtown, recently opened its retail section, marked by the launch of a 50,000-square-foot Target store. Over the next several months, additional major retailers are set to open, including Burlington, Five Below, Aldi supermarket, and Ross Dress for Less.

The 1.5 million-square-foot Sawyer’s Walk complex includes 578 residential units, primarily housing low-income seniors, as well as 175,000 square feet of retail space, a 25,000-square-foot public plaza, and 130,000 square feet of office space. MSC Group has secured the office space for its new North American headquarters, anchoring the development at 249 NW 6th St. The project was spearheaded by SG Holdings, a partnership between Swerdlow Group, SJM Partners, and Alben Duffie.

Among the new retail spaces, Burlington is scheduled to open in October with a 38,000-square-foot store. A 25,000-square-foot Aldi and a 10,000-square-foot Five Below will follow in November, while Ross Dress for Less is expected to open in March 2025.

Sawyer’s Walk was developed as a public-private partnership in collaboration with the City of Miami’s Southeast Overtown/Park West Community Redevelopment Agency, Miami-Dade County’s Department of Public Housing and Community Development, and city and county officials. The project aims to address both affordability and accessibility concerns in Greater Downtown Miami by delivering affordable residential options and value-focused retail stores.

The development also includes amenities designed to enhance the community, such as a public plaza with art murals, outdoor seating, a children’s playground, and a dog park. Residents and shoppers will have access to nearly 1,000 parking spaces and multiple public transit options, including Metrorail, Metromover, and Brightline.

Led by Michael Swerdlow, Swerdlow Group has been active in bringing new retail options and affordable housing to South Florida. The company has over 8,000 affordable housing units in the pipeline, with a focus on revitalizing underserved areas and addressing food access in designated ‘food deserts.’ Swerdlow Group’s portfolio includes over 30 million square feet of residential, retail, industrial, and office space developed across the region.