Four Seasons Private Residences Coconut Grove Secures $324M Construction Loan
A Major Milestone for One of Miami’s Most Anticipated Luxury Projects
Four Seasons Private Residences Coconut Grove has officially cleared a major hurdle toward construction after securing a $323.8 million construction loan, signaling strong lender confidence and paving the way for the project to move forward.
The financing was secured by developers CMC Group and Fort Partners, two of the most established names in South Florida luxury development, with the loan provided by Bank OZK, a frequent lender on high-profile luxury condo projects across the United States
Construction Financing Signals Momentum and Execution
Securing construction financing is one of the most critical milestones for any large-scale condominium development. In today’s cautious lending environment, a loan of this size underscores the project’s financial strength, sales performance, and overall market demand.
With financing now in place, Four Seasons Private Residences Coconut Grove is expected to advance confidently into the next phase of development, transitioning from vision to vertical construction.
Over 50% Pre-Sold
Even more telling than the financing itself is the project’s sales performance. Industry sources indicate that more than 50% of the residences were already sold by late 2025, well ahead of projections.
Strong pre-sales not only reduce developer risk but also play a key role in securing construction loans—making this financing a direct reflection of buyer confidence in the project, the brand, and the Coconut Grove condo market.
Prices Surpass $4,000 Per Square Foot
Four Seasons Private Residences Coconut Grove is also making headlines for its pricing. Non-penthouse residences have reportedly eclipsed $4,000 per square foot, positioning the project as the highest price-per-square-foot condominium development on the Miami mainland—a benchmark historically reserved for ultra-luxury oceanfront properties.
This pricing reinforces Coconut Grove’s evolution into one of Miami’s most prestigious residential submarkets and highlights the growing demand for branded luxury living outside traditional beachfront corridors.
A Defining Project for Coconut Grove and Miami Luxury Real Estate
With world-class branding, top-tier developers, strong pre-sales, record-setting pricing, and now construction financing secured, Four Seasons Private Residences Coconut Grove is shaping up to be one of the most significant luxury residential projects in Miami’s current development cycle.
As construction moves forward, the project is expected to further elevate Coconut Grove’s status while setting new benchmarks for luxury condominium pricing and demand on the mainland.
HQ Residences Miami Unveils New Interior Renderings and BioHack Wellness Partnership
HQ Residences Miami has revealed a new series of interior renderings, offering a first look inside the residential experience behind one of Downtown Miami’s most culture-forward branded condominium projects. The latest visuals highlight a hospitality-driven approach to design—blending elevated interiors, wellness-focused living, and entertainment-centric amenities into a lifestyle-oriented offering in the heart of Edgewater.
The release follows a separate announcement naming HQ Residences Miami as the first residential event partner of BioHack Miami, reinforcing the project’s positioning at the intersection of design, wellness, and experiential living.
A Hospitality-First Interior Concept
Designed with comfort, functionality, and understated luxury in mind, interiors at HQ Residences Miami reflect a hospitality-first philosophy more commonly found in high-end hotel environments. The residences emphasize open-concept layouts that support both everyday living and entertaining, paired with warm, modern material palettes that feel refined yet livable.
Floor-to-ceiling windows maximize natural light while expansive private terraces create an indoor-outdoor flow, allowing residents to seamlessly extend their living spaces outdoors—an essential element of Miami living.
Kitchens and Baths Designed for Daily Living and Wellness
Kitchens are designed to balance form and function, featuring Italian cabinetry in warm wood tones, natural stone surfaces, and a full suite of integrated designer appliances. The layouts are optimized for both casual use and hosting, reinforcing the project’s lifestyle-driven focus.
Bathrooms draw inspiration from spa environments, aligning with the building’s broader wellness ethos. Walk-in showers, floating-style dual vanities, and rich material selections create a calming, restorative atmosphere designed to support daily routines centered on relaxation and recovery.
Interiors by Award-Winning Design Studios
Interior design for HQ Residences Miami is led by internationally recognized studios DesignAgency and Craft Studio, both known for their hospitality and lifestyle-focused residential work. The design approach reflects a balance between modern elegance and warmth, intentionally avoiding overly rigid or purely aesthetic concepts in favor of livable, experience-driven spaces.
Wellness and Lifestyle Anchored by Hospitality Expertise
HQ Residences Miami’s lifestyle and amenity programming has been curated in collaboration with Black Salmon and sbe, under the leadership of hospitality visionary Sam Nazarian. The project is organized around four core pillars: wellness, entertainment, art, and community.
Wellness amenities are expected to include yoga and open-air training terraces, contrast therapy circuits with hammam, sauna, steam rooms, plunge pools, and bathhouse-style treatments, along with a state-of-the-art fitness center and dedicated recovery spaces.
Adding to its wellness-driven positioning, HQ Residences Miami was recently named the inaugural residential event partner of BioHack Miami. The collaboration introduces curated longevity, recovery, and wellness programming directly into the project’s sales phase, reflecting a growing shift in how luxury buyers evaluate residential environments. As Marie Sophie Baier, Creative Director and Co-Founder of BioHack Miami, puts it: “Longevity isn’t something you activate once in a while. It’s built through daily routines like how you sleep, recover, move, and work. Your home environment either supports those routines or makes them harder. This partnership is about supporting an environment that makes a healthier lifestyle easier to follow and live.”
Through on-site BioHack events, prospective residents will experience hands-on wellness activations that align with the project’s long-term vision for health-forward living. The partnership underscores how architecture, materials, light, community, and wellness infrastructure are increasingly viewed as integral components of modern luxury real estate.
HQ Residences Miami Project Overview
With prices from $850,000, HQ Residences Miami will rise 35 stories and feature 229 condominiums with one- to three-bedroom layouts ranging from approximately 721 to 2,074 square feet. The project is located at 422 NE 29th Street in Edgewater, positioning residents between Downtown Miami and the Design District.
David Beckham Sells One Thousand Museum Museum Penthouse for $24.6 Million
David Beckham has officially sold his Miami penthouse at One Thousand Museum for $24.6 million, a transaction that stands out not just for the celebrity name attached to it, but for the extraordinary price per square foot achieved compared to recent sales in the building.
The sale, which closed off-market in September, places Beckham’s residence among the most expensive condo transactions in Greater Downtown Miami over the past year — and at a valuation that significantly outpaces nearby comparables.
Inside Beckham’s Former One Thousand Museum Penthouse
Located at 1000 Biscayne Boulevard, One Thousand Museum is a striking Zaha Hadid–designed tower overlooking Museum Park and Biscayne Bay. The building is known for its full-floor and half-floor residences, ultra-private layouts, and dramatic architecture.
Beckham’s former penthouse spans 9,200 square feet, placing it in a rare tier even within a luxury tower that already caters to high-net-worth buyers. At a final sale price of $24.6 million, the transaction pencils out to $2,674 per square foot. Beckham acquired the penthouse in September 2022.
While details such as furnishings and interior upgrades were not publicly disclosed, celebrity ownership alone often adds a layer of intangible value — particularly in a globally recognized, architecturally significant building.
A $2,674 Per Square Foot Sale
What makes this sale especially notable is how sharply it contrasts with the three most recent closed sales at One Thousand Museum.
TH-1002 sold on October 24, 2025 for $1,024 per square foot
Unit 3001 sold on May 27, 2025 for $1,217 per square foot
Unit 2501 sold on May 20, 2025 for $1,188 per square foot
Even the strongest of those transactions falls well under half of the $2,674 per square foot achieved by the penthouse — meaning Beckham’s sale closed at well over double the price per square foot of the the recent comps in the building.
Why the Premium Matters
While penthouses typically command a premium, the magnitude of this spread is unusual, especially in a building where many residences already occupy full floors with panoramic views.
Several factors likely contributed to the outsized valuation:
Penthouse positioning at the top of an iconic tower
Celebrity provenance, which can meaningfully influence ultra-luxury pricing
Potential custom interiors or turnkey condition
Long-term scarcity of comparable trophy residences in Downtown Miami
Regardless of the exact mix, the sale reinforces a key takeaway: exceptional, irreplaceable units can trade on an entirely different pricing curve than the rest of the building.
A Strong Signal for Trophy Assets in Miami
Beckham — who also co-owns Inter Miami CF — has long maintained a presence in South Florida, and this sale adds to a growing list of headline-grabbing luxury transactions tied to high-profile buyers and sellers.
While the broader condo market remains sensitive to interest rates and inventory levels, this deal shows that best-in-class, one-of-one residences continue to attract premium capital, even when nearby comparables tell a very different story.
One Brickell Riverfront Towers Officially Top Off in Brickell
Construction has officially reached new heights in Brickell
The topping-off ceremony took place on January 16, 2026, led by development partners Newgard Group and Two Roads Development, alongside general contractor G.T. McDonald. The traditional celebration included the raising of an American flag and the placement of a palm tree atop the LOFTY Brickell tower—symbolizing progress, resilience, and momentum. “This milestone reflects the collective effort of an extraordinary team and the strong collaboration between Newgard and Two Roads,” said Harvey Hernandez, CEO of Newgard Group. “Reaching the top of both towers ahead of schedule is a testament to the commitment of our construction partner, G.T. McDonald, and everyone involved in bringing this project to life.”
Kenny Tharrington, Javier Cuadros, Frank Rodriguez, Harvey Hernandez, Harvey Hernandez Jr., Carlos Gallardo, Jay Joglekar, Kate Sanko, and Stephanie Adames of Newgard Group
A Major Brickell Milestone Reached Ahead of Schedule
Located at 99 SW 7th Street, directly across from Brickell City Centre, One Brickell Riverfront is a master-planned, dual-tower riverfront development designed by Arquitectonica.
The Standard Residences Brickell
• 46 stories
• 422 residences
Construction remains months ahead of schedule, with delivery anticipated for August 2027—a notable achievement given the scale and complexity of the project. “Brickell continues to set the pace for urban living in Miami, and One Brickell Riverfront represents one of the neighborhood’s most significant riverfront developments,” said Brad Meltzer, Partner and President of Two Roads Development. “It is the collaborative spirit of all those involved that has allowed us to achieve this key milestone, and we are excited for many more to come.”
Backed by $513 Million in Construction Financing
The topping-off milestone follows the joint venture’s closing of $513 million in construction financing in late 2025—one of the largest residential construction loans in South Florida. The financing supported the project’s continued vertical construction and reinforced strong lender confidence in Brickell’s long-term residential demand.
LOFTY Brickell: Flexible Ownership Meets Five-Star Living
LOFTY Brickell offers studios, one- and two-bedroom residences, and penthouses furnished by INC. The tower is designed to appeal to buyers seeking a five-star lifestyle with added flexibility.
Key highlights include:
40,000 square feet of amenities
Private marina along the Miami River
Resort-style pool deck
Spa, fitness center, cigar lounge, and co-working spaces
Ground-floor waterfront restaurant by AVRA Estiatorio, the acclaimed New York City brand
A limited number of penthouses remain available, with pricing ranging from $2.4M to $3.5M. The project has drawn strong interest due to its flexible ownership model, allowing owners to rent their residences on their own terms.
The Standard Residences Brickell: Hospitality-Driven Urban Living
The Standard Residences Brickell brings the brand’s signature hospitality ethos into a full-service residential tower. Interiors are designed by GOODRICH, with residences ranging from studios to two-bedroom layouts. Pricing begins in the mid-$600,000s.
Amenities span multiple levels and include:
Rooftop pool with towel and beverage service
The Standard Club Lounge & Café
Co-working spaces
10th-floor spa with Hammam, saunas, and cold plunge
Fitness center, bowling alley, screening room, and pet spa
Signature dining on the ninth floor and a riverfront restaurant at street level
Sales have remained consistently strong since launch, reflecting buyer enthusiasm for design-forward living paired with personalized service.
A Strategic Partnership with a Proven Track Record
The collaboration between Newgard Group and Two Roads Development was formed in November 2024, bringing together two firms with extensive experience delivering iconic, design-led residential projects across South Florida.
As Brickell continues to evolve into one of the most dynamic urban cores in the country, One Brickell Riverfront stands out as a transformational riverfront development that blends architecture, hospitality, and flexible ownership in a prime location.
With both towers now topped off and delivery targeted for 2027, this milestone reinforces Brickell’s momentum—and signals what’s next for Miami’s luxury residential skyline.
THE WELL Coconut Grove Breaks Ground with $410M Loan, Bringing Wellness Living to Miami
Record-Breaking Financing Fuels Construction
THE WELL Coconut Grove, a joint venture between Terra and AB Asset Management, has broken ground backed by a $410 million construction loan from Tyko Capital—the largest ever in Coconut Grove’s history. David Martin, CEO of Terra, stated, “This construction financing and groundbreaking marks significant milestones for both Terra and THE WELL as we expand our wellness-focused residential and hospitality footprint in one of Miami’s most vibrant neighborhoods.”
Exclusive Amenities for a Balanced Lifestyle
THE WELL Coconut Grove offers a 40,000-square-foot rooftop wellness oasis with a private pool, hot and cold plunges, cabanas, and a pickleball court. The 13,000-square-foot state-of-the-art wellness center includes a communal bathhouse, crystal cave lounges, hyperbaric chambers, and vitality lounges. Residents can enjoy unique social spaces like an aperitif bar, a tea garden, and the Conservatory for coworking or IV therapy, plus personalized wellness services like bi-annual health coaching and access to the latest wellness technologies.
Wellness-Focused Luxury Living
Set to open in Q4 2028, THE WELL Coconut Grove will feature 194 residences across 8 stories. Residences range from one to four bedrooms, spanning 960 to 4,200 square feet, with prices starting at $1.5 million. Interiors include Italkraft cabinetry, Sub-Zero and Wolf appliances, Kraus Kore sinks, and quartzite countertops. Many units offer dedicated Wellness Dens for meditation and in-home wellness packages curated by THE WELL.
Miami Overtakes New York City in Million-Dollar Home Listings
Miami has officially entered a new era of luxury real estate dominance. According to a December 2025 luxury housing market report from Realtor.com, the Miami metro area now has more homes listed at $1 million and above than New York City—a milestone that signals a major shift in the U.S. luxury housing landscape.
This data-driven turning point underscores Miami’s evolution from a seasonal luxury market into a year-round global hub for high-net-worth buyers.
Miami Surpasses New York City in $1M+ Listings
As of December 2025, Miami recorded 10,591 active listings priced at $1 million or more, edging past New York City, which had 10,176 seven-figure listings.
For years, New York City held a commanding lead in luxury housing inventory. Miami’s ascent reflects not just growth in listings, but a deeper structural change in where wealth is choosing to live, invest, and park capital.
Why Miami’s Luxury Market Keeps Growing
1. Year-Round Luxury Demand
Unlike many luxury markets that slow down toward the end of the year, Miami maintains consistent activity throughout all seasons. International buyers, second-home owners, and cash purchasers help sustain strong listing volume even during traditionally slower months.
2. Migration of High-Net-Worth Buyers
Realtor.com reports that Miami attracts more luxury buyer interest from the New York metro area than the next eight U.S. metros combined. This trend highlights ongoing domestic migration fueled by lifestyle preferences, tax considerations, and remote-work flexibility.
3. Global Appeal and International Capital
Miami’s position as a gateway city continues to attract buyers from Latin America, Europe, and beyond. For many international investors, Miami real estate functions as both a lifestyle asset and a long-term store of value.
What This Means for Miami Luxury Real Estate
According to economists and brokers cited by Realtor.com, Miami’s growing inventory of million-dollar homes is not a temporary spike—it reflects a permanent rebalancing of luxury housing supply.
Key implications include:
Greater price resilience at the high end
Increased competition among luxury sellers
More diverse inventory across waterfront condos, branded residences, and single-family estates
Miami is no longer just competing with traditional luxury markets—it’s redefining them.
Miami’s Position as a National Luxury Leader
This milestone confirms what many buyers, developers, and investors have already recognized: Miami is now one of the most important luxury real estate markets in the United States.
With sustained demand, international reach, and expanding high-end inventory, Miami’s luxury market is positioned to remain a dominant force well beyond 2025.
Seaway at The Surf Club’s $54M Non-Penthouse Sale Signals Surfside Luxury Strength
$54 Million for a Non-Penthouse Condo
Surfside continues to redefine luxury benchmarks as a ground-level unit at The Seaway at The Surf Club sold for a staggering $54 million. This sale is notable not only for its price but because it was achieved outside of a penthouse unit—showing that every corner of Surfside’s luxury market is in demand.
$4,400 Per Square Foot—A New Benchmark
The 12,174 square foot residence sold at a remarkable $4,436 per square foot. This price per square foot rivals even the most exclusive penthouse sales, reflecting the extraordinary demand for oceanfront living at The Surf Club. It’s clear that premium pricing is not just limited to the top floors.
E41, short for Embarcadero 41, is renowned for its masterful blend of Peruvian Fusion and Nikkei cuisine. With five thriving locations, the sixth will soon bring its innovative dishes to the heart of Brickell. Expect bold flavors, fresh ingredients, and a vibrant culinary experience.
Location & Ambiance
Situated at 777 Brickell Ave, this spot is nestled between Bank of America and Truist, making it a prime destination for both locals and visitors. With a Pisco bar and sushi bar, E41 is expected to be a hotspot for happy hours and social gatherings.
What to Expect on the Menu
From refreshing ceviches to beautifully crafted sushi rolls and Nikkei dishes, E41 promises to offer a unique journey through Peruvian-Japanese fusion. Whether you’re there for a quick bite or an elegant dinner, the menu promises something for every palate.
Anticipation Builds
Though the exact opening date hasn’t been announced, anticipation is growing. Stay tuned for updates and be ready to experience a fresh addition to Brickell’s dining scene.
Cameron Diaz Explores Miami’s Luxury Market, According to TMZ
TMZ revealed yesterday that Cameron Diaz was spotted touring a luxury Miami mansion in late December. The estate, located in Pinecrest and reportedly owned by Houston Rockets forward Jeff Green, is on the market for $16.4 million. This seven-bedroom, seven-bath property features expansive grounds, a chef’s kitchen, and a resort-style pool—just one example of the lavish Miami homes catching the couple’s eye.
Details on the $16.4M Jeff Green Estate
Alongside her husband, Benji Madden, Diaz has reportedly toured other Miami mansions, though according to TMZ, no offers have been made yet. This potential move comes as the couple’s Beverly Hills home has been on the market since 2024, even after a price drop.
Miami’s Celebrity Wave: Will Cameron Join Wahlberg, The Weeknd, and the Rest?
This aligns with a bigger trend. Other stars have made headlines by relocating or buying in Miami—like Mark Wahlberg in Delray Beach, Larry Page’s massive estate purchase in Coconut Grove, The Weeknd settling in Coral Gables, and Robbie Williams also purchasing a waterfront mansion in Coral Gables . As Diaz contemplates Miami, it’s clear that South Florida’s star power is only growing.
