Milestone Achieved: Foundation Pour Completed for The Residences at 1428 Brickell
The skyline of Miami’s Brickell district just took another leap forward. Last week, developer Ytech and contractor Coastal Construction completed the foundation pour for The Residences at 1428 Brickell, a 70-story luxury condominium tower that is poised to become a new icon in the city’s high-rise landscape.
A Historic Pour: Size, Scale, and Logistics
- The continuous pour began on September 26 and lasted 33 uninterrupted hours, marking what is likely the largest mat foundation pour ever executed in Brickell.
- Over 13,000 cubic yards of concrete were placed.
- To maintain the flow, more than 1,300 concrete truck deliveries cycled between the site and the plant, while five placing booms managed the concrete distribution on-site.
- The foundation also incorporated 2,700 tons of reinforcing steel to anchor the future superstructure.
This kind of logistical orchestration—coordinating trucks, concrete mixing, boom placement, and continuous pour operations—is a feat of engineering and project management. It signals that the development team is confident in moving forward quickly into vertical construction.
Design, Sustainability & Residences
Here’s what we know so far about the design, residential layouts, and sustainability features:
- Developer & design team: Ytech (led by CEO Yamal Yidios) is behind the project. Arquitectonica is the architect, ACPV ARCHITECTS (Antonio Citterio Patricia Viel) is handling interiors, and ArquitectonicaGEO is in charge of landscape architecture.
- Height & units: The tower will rise to 861 feet and will house 189 residences, with unit sizes ranging from 1,800 to 4,000 square feet, all facing east toward Biscayne Bay.
- Facade & sustainability: The building features a flowing, wind-inspired façade and includes a “Solar Backbone”—approximately 500 photovoltaic-integrated windows spanning nearly 20,000 square feet along the west façade.
- This solar system is projected to generate 175,000 kWh annually, offsetting around 4,700 tons of CO₂ and saving the equivalent of 3,000 barrels of oil each year.
- Amenities: A 80,000-square-foot wellness club is planned to support resident health and relaxation.
Why This Pour Matters
This foundation pour is more than a construction milestone—it sets the stage for the rest of the build. Successfully completing a massive mat pour demonstrates:
- Technical competence and risk mitigation — the project team (developer, contractor, engineers) have shown they can coordinate a large, continuous operation without delay or major disruption.
- Investor / buyer confidence — big foundational milestones often serve as a signal to the market that the project is well underway and viable.
- Momentum for the Miami skyline expansion — in a market where height, luxury amenities, and sustainability are key differentiators, this project stakes a claim early.
Instagram Video of Foundation Pour
What to Watch Next
With the foundation now in place, the next phases will include:
- Erecting the structural frame (columns, core, slabs)
- Interior build-outs (mechanical, electrical, plumbing, finishes)
- Façade installation (glazing, solar-integrated windows)
- Landscaping, amenity construction, and site finishing
Given the pace already demonstrated, the development is one to watch among upcoming Miami luxury condo towers.
Newgard Group & Two Roads Development Secure $513 Million Loan for One Brickell Riverfront
Earlier this week, Newgard Development Group and Two Roads Development announced they have closed on a $513 million construction loan for One Brickell Riverfront, a multi-tower, mixed-use project that promises to redefine how Brickell connects with the Miami River. The loan marks a major milestone for both developers and underscores growing lender confidence in Miami’s luxury residential market—even amid high construction costs and elevated interest rates.
A New Chapter for the Riverfront
One Brickell Riverfront will eventually encompass three towers totaling roughly 2 million square feet of residential, hospitality, and retail space. The development includes two highly anticipated projects already under construction — LOFTY Brickell and The Standard Residences Brickell — both designed by Arquitectonica and featuring extensive riverfront amenities.
LOFTY Brickell will rise 44 stories and include 362 luxury condo residences, complemented by more than 40,000 square feet of amenities, including a private marina, co-working lounge, and rooftop pool. The project is already over 90 percent presold.
Next door, The Standard Residences Brickell brings the boutique-hotel brand’s first residential concept to Miami’s urban core. Rising 46 stories, the tower will offer 422 fully finished residences ranging from studios to two-bedroom layouts, all infused with the brand’s signature lifestyle aesthetic. Amenities include a rooftop pool deck, wellness center, and social lounge curated by The Standard team.
Both towers are expected to be delivered by August 2027, with a third tower — by Jay Roberts’ Prosper Group — planned for a later phase.
The Miami River’s Development Boom
The One Brickell Riverfront financing is part of a much larger wave of investment transforming the Miami River corridor into one of the city’s most dynamic growth frontiers. From the Brickell Bridge heading west along the Miami River, major projects are rising that blend luxury living, hospitality, culture, and public access.
Miami Riverbridge Project
On the north bank near Downtown, the proposed Miami Riverbridge project aims to completely reimagine the existing Hyatt Regency site into a vibrant, multi-tower destination. Plans call for over 1,300 residences, a 615-room Hyatt Regency, an additional lifestyle hotel, and 100,000 square feet of retail and restaurant space.
The project also includes 500 feet of new public Riverwalk, a skybridge restaurant, and expansive waterfront plazas designed to activate the pedestrian realm. Once built, Riverbridge could serve as a visual and cultural gateway linking Downtown Miami and Brickell.
Faena Residences Miami
Among the most ambitious is Faena Residences Miami, marking the brand’s expansion from Miami Beach to the mainland. Designed by the late architect Rafael Viñoly, the twin-tower project will feature 438 residences and a 45,000-square-foot cultural center. Located near the mouth of the river and Brickell City Centre, Faena’s move further solidifies the riverfront’s growing prestige.
The River District / Flow Brickell
Further west along the river, Chetrit Group’s River District recently saw a major shake-up when Flow (founded by Adam Neumann), Canada Global, and Yellowstone Trust acquired a controlling stake in the project for roughly $106 million. The rebranded Flow on the River envisions more than 1,900 residential units across a sprawling mixed-use campus anchored by a 54-story condominium tower. The deal represents one of the largest infusions of institutional capital along the Miami River and signals that the corridor’s potential remains far from fully realized.
Riverside Wharf and Dream Hotel
Further west along the Miami River, the Riverside Wharf development aims to transform an underused stretch of the river into a world-class entertainment and hospitality destination. Plans include restaurants, retail, nightlife venues, and a Dream Hotel Miami, all surrounding a revitalized section of the public Riverwalk. Once completed, it will serve as a social anchor connecting Downtown and Brickell’s waterfronts.
A Riverfront Renaissance in Motion
The Miami River has long served as the city’s working waterway — home to cargo ships, boatyards, and marine industries. Today, it’s being rediscovered as a lifestyle asset, where developers see value in combining urban convenience with waterfront living.
From The Standard Residences and LOFTY Brickell to Faena Residences, Riverside Wharf, and Flow on the River, the common thread is a desire to reclaim the river as a vibrant, connected public space. Many of these developments will extend the Miami Riverwalk, improving pedestrian access and bringing restaurants, marinas, and cultural venues closer to the water’s edge.
This evolution mirrors what happened in other global cities—like Chicago, London, and New York—where neglected industrial riverfronts have become thriving mixed-use destinations. In Miami’s case, the transformation is happening at a staggering pace, driven by developers with both deep local roots and global brands behind them.
Confidence in Miami’s Market
Securing more than half a billion dollars in financing for One Brickell Riverfront in 2025 demonstrates strong lender confidence in Miami’s luxury and branded-residence sectors. Despite rising construction costs and higher borrowing rates, demand for well-located, lifestyle-driven waterfront product remains robust.
With LOFTY Brickell and The Standard Residences Brickell already under construction — and other riverfront megaprojects moving ahead — the Miami River is poised to become the city’s next major development corridor. By the end of this decade, it could rival Biscayne Bay as Miami’s most sought-after waterfront address.
The Weeknd Under Contract to Purchase $55M Waterfront Mansion in Coral Gables
Credit: ONE Sotheby’s International Realty
International music superstar The Weeknd—whose real name is Abel Tesfaye—is under contract to purchase a luxury waterfront estate in Coral Gables, last asking $54.9 million, according to multiple sources including The Wall Street Journal, and Architectural Digest. Represented by ONE Sotheby’s agents Eddy Martinez and Roland Ortiz, the purchase marks the Canadian-born singer’s first foray into South Florida real estate and adds yet another high-profile name to the growing list of celebrities choosing Coral Gables as their new home base.
A Trophy Estate in Gables Estates
The property, located at 41 Arvida Parkway within the prestigious Gables Estates community, offers the ultimate in privacy and grandeur. Set on a 1.24-acre peninsula, the estate boasts an astonishing 574 feet of water frontage, providing panoramic bay views and docking space for a mega-yacht up to 200 feet long.
Spanning nearly 19,000 square feet, the mansion features eight bedrooms, nine-and-a-half baths, and a design that blends contemporary luxury with Mediterranean influences. Highlights include double-height ceilings, floating staircases, an infinity-edge pool with coral-inspired mosaics, multiple terraces overlooking Biscayne Bay, and an expansive outdoor entertainment area complete with a summer kitchen.
The property was previously owned by Steven Lempera, an investor who reportedly acquired it for $27.8 million in 2019. If the deal closes near its asking price, Lempera will realize a substantial profit—another sign of the booming high-end market in Coral Gables.
The Weeknd Joins a Growing Celebrity Migration to Coral Gables
The Weeknd’s upcoming purchase is part of a broader trend of celebrities relocating to South Florida for its year-round sunshine, tax benefits, and world-class waterfront lifestyle.
Among the most recent notable buyers is Robbie Williams, who earlier this year acquired a $40 million waterfront estate in Coral Gables’ Old Cutler Bay community. The 19,000-square-foot home sits on an acre peninsula with 435 feet of water frontage, an 18-car garage, a wine cellar, and plans for a possible guesthouse and recording studio. Williams purchased the home—along with approximately $5 million worth of furnishings—from Real Housewives of Miami cast member Dr. Nicole Martin and her husband Anthony Lopez.
Another global music icon, Pharrell Williams, also owns a lavish waterfront property in Coral Gables, which he purchased a few years ago for approximately $30 million. Interestingly, The Weeknd and Pharrell have collaborated musically in the past—now, they may soon share the same zip code.
These acquisitions reflect Coral Gables’ emergence as one of South Florida’s most coveted enclaves for high-profile residents, rivaling longtime celebrity strongholds like Miami Beach’s North Bay Road and Indian Creek Island.
What This Means for the Coral Gables Market
The Weeknd’s pending purchase is poised to set a new benchmark for Coral Gables’ ultra-luxury real estate market. While $50 million–plus deals were once rare outside Miami Beach, recent closings and contracts show increasing demand for trophy waterfront properties offering privacy, acreage, and deep-water dockage.
Industry experts say the trend is being fueled by:
- Tax advantages — Florida’s lack of state income tax continues to attract wealthy buyers relocating from California, New York, and abroad.
- Unmatched waterfront lifestyle — Coral Gables’ canals and bayfront estates offer direct ocean access with the ability to dock superyachts, a rarity even in South Florida.
- Rising prestige — As more celebrities and executives move into Gables Estates and Old Cutler Bay, the area’s profile continues to climb.
With The Weeknd joining the neighborhood’s growing roster of A-listers, Coral Gables is fast cementing its reputation as the new luxury epicenter of Miami’s residential scene.
Shoma Bay Secures Building Permit, Vertical Construction Now Underway
Shoma Bay, the highly anticipated mixed-use development in North Bay Village, has reached a major milestone: the project has officially received its building permit. This achievement marks the transition from pre-construction into full construction, setting the stage for vertical progress on one of the most significant developments planned for the area.
A New Chapter for North Bay Village
Located at 1850 John F. Kennedy Causeway, Shoma Bay is designed as a modern mixed-use destination that will combine 333 luxury condominiums, a 35,000-square-foot Publix market, 10,564 square feet of retail, and a 10,564-square-foot restaurant space. The project is poised to bring new life and energy to North Bay Village, strategically connecting Miami Beach and mainland Miami.
With the construction permit now approved, the development moves beyond the site work phase—already completed last month—and into the vertical construction stage, a pivotal moment that brings the vision closer to reality.
Project Timeline and Delivery
The development team has confirmed that Shoma Bay is on track for delivery in 2027. Over the coming months, residents and passersby will begin to see the tower rise, reinforcing the progress made since groundwork began earlier this year.
Why This Milestone Matters
The issuance of a building permit is a critical step for any large-scale development. For Shoma Bay, it validates years of planning, design, and approvals while providing certainty to future residents and investors. The project will not only transform North Bay Village’s skyline but also deliver much-needed residential and retail opportunities to one of Miami’s most centrally located waterfront communities.
About Shoma Bay
Developed by Shoma Group, Shoma Bay is set to redefine luxury waterfront living with its modern residences, curated retail, and everyday conveniences anchored by a new Publix. The project’s design emphasizes resort-style amenities, walkability, and seamless integration with the surrounding neighborhood.
Paramount Miami Worldcenter Hosts Lara Trump for Exclusive Interview with Miami Mayor Francis Suarez
Paramount Miami Worldcenter proudly hosted Lara Trump, the President’s daughter-in-law, today for the filming of her Fox News program My View with Lara Trump. The special episode featured Miami Mayor Francis Suarez and was filmed inside one of Paramount’s penthouse residences before concluding on the 55th-floor skydeck, where sweeping views of Downtown Miami and Biscayne Bay set the stage for a high-profile conversation.
A Historic Announcement in Downtown Miami
Just yesterday, the State of Florida announced that it donated land in Downtown Miami to the Donald J. Trump Presidential Library Foundation. The site, located only a few blocks from Paramount Miami Worldcenter, will serve as the future home of the Trump Presidential Library. The donation marks a historic moment for Miami and cements the city’s growing role as a hub for culture, politics, and history.
Likely Focus of the Interview
While there has been no official word on what topic Lara Trump and Mayor Suarez discussed during today’s filming, the timing strongly suggests it was centered on yesterday’s announcement of the Trump Presidential Library. Hosting the interview at Paramount, just steps away from the future library site, further reinforces the likelihood that the conversation touched on this historic news for Downtown Miami.
Paramount Miami Worldcenter as the Setting
As one of Miami’s most iconic residential towers, Paramount Miami Worldcenter was a fitting venue for this high-profile feature. Known as the crown jewel of the $6 billion Miami Worldcenter development, Paramount is celebrated for its luxury residences and unmatched amenities. Its penthouses and 55th-floor outdoor patio offered the perfect backdrop for Lara Trump’s interview, showcasing the city’s skyline at its most dramatic.
About My View with Lara Trump
Since premiering on Fox News in 2021, My View with Lara Trump has built a loyal national audience. The program blends interviews, commentary, and personal insight, offering viewers a unique perspective on politics, culture, and family. By bringing the show to Paramount Miami Worldcenter, Lara Trump highlighted both the luxury lifestyle of the building and Miami’s growing importance on the national stage.
When to Watch
The episode featuring Lara Trump’s interview with Miami Mayor Francis Suarez at Paramount Miami Worldcenter will air this Saturday at 8:00 PM Eastern Time on the Fox News Channel. Viewers will be able to tune in for the wide-ranging conversation set against the stunning views of Miami’s skyline.
