Historic Land Acquisition in Brickell: Oak Row Equities and Mariposa Real Estate Plan Transformative Development
In a monumental move for Miami’s real estate market, developers Oak Row Equities and Mariposa Real Estate have announced their agreement to acquire a property in Brickell, marking the largest land acquisition in the city’s history. The deal, valued at an astounding $520 million, is set to close in the fourth quarter of 2025 and promises to reshape the skyline of Miami.
Oak Row Equities has unveiled ambitious plans for the site, which will include ultra-luxury condominiums designed to redefine the standards of urban living. In a statement, the developer expressed its vision for “a landmark development that will redefine Miami’s skyline and set a new standard for urban luxury.”
The site’s zoning allows for over three million square feet of development, with permissions for several towers to rise to a supertall height of 1,049 feet. This ambitious project aims to create a transformative urban destination in the heart of Brickell.
“The Brickell Bay Drive assemblage presents a once-in-a-lifetime opportunity to build a transformative project in the most exciting submarket in the City of Miami,” said Erik Rutter, Managing Partner at Oak Row Equities. His sentiments were echoed by David Weitz, Managing Partner at Oak Row Equities, who added, “We intend to collaborate with world-class talent to bring our vision to life.”
With the planned development, Oak Row Equities and Mariposa Real Estate aim to set a new benchmark for luxury and architectural excellence. The project will not only enhance the city’s skyline but also contribute significantly to Miami’s reputation as a global hub for luxury real estate.
As the project progresses, Miami’s residents and investors alike will eagerly anticipate the unveiling of what promises to be one of the most iconic developments in the city’s history. The future of Brickell has never looked more exciting.
New Development Coming to Brickell-House of Wellness Hotel Tower
Miami’s skyline is set for another exciting addition with the proposed House of Wellness hotel tower in Brickell. A pre-application has been filed with Miami-Dade County reviewers, signaling the start of what will become a 43-story luxury development right in the heart of Brickell.
Key Features of House of Wellness:
43 stories high
832 lodging units for guests seeking a luxurious stay
347 parking spaces to accommodate residents and visitors
A stunning rooftop pool deck on the 43rd floor, providing breathtaking views of the Miami skyline and beyond
What sets this project apart from other Miami developments is its approval pathway. The House of Wellness will be processed through Miami-Dade’s Rapid Transit Zone (RTZ), rather than the City of Miami’s traditional planning process. This move highlights the significance of its proximity to transit and the county’s focus on improving urban mobility and connectivity in key areas like Brickell.
Behind the Development
Developer: North at Brickell VI, LLC has taken the helm as the contract purchaser and developer of the property.
Architect: Studio MC+G, known for its modern and innovative architectural designs, is leading the project’s design and structure.
This wave of construction is redefining Brickell, adding both residential and hotel options, making it an increasingly desirable place for residents, tourists, and investors alike.
This hotel tower isn’t just another high-rise in Miami’s ever-evolving skyline; it is an exciting step forward in aligning luxury living with wellness-focused amenities. The rooftop pool deck, high-end accommodations, and location in one of Miami’s trendiest neighborhoods make this project one to watch.
As House of Wellness moves through the approval process, we’ll continue to monitor its progress and update you on its groundbreaking. With the growing number of major developments in Brickell, the neighborhood is set to continue its transformation into a hub of luxury, wellness, and modern urban living.
Gale Miami Hotel & Residences Achieves Major Milestones with TCO and Rapid Sales Momentum
The Gale Miami Hotel & Residences, a visionary project by hospitality entrepreneur Keith Menin and Marisa Galbut through their development firm Sixth Street Miami Partners LLC, has reached a significant milestone with the issuance of a temporary certificate of occupancy (TCO). This achievement, backed by GFO Investments, signifies a pivotal moment for the development, which has seen remarkable progress since its inception. Furthermore, Gale Miami has successfully surpassed 250 closings in less than 60 days, highlighting the strong demand for short-term rental properties in Downtown Miami.
Located at 601 Northeast First Avenue in Downtown Miami, Gale Miami Hotel & Residences opened its doors in May 2024. The 51-story development offers move-in-ready and fully furnished units, with studio, 1-, and 2-bedroom layouts ranging from 410 to 910 square feet. Prices for these luxury units start in the mid $500s and go up to over $1 million. Its prime location near Miami Worldcenter and within walking distance of Downtown Miami makes Gale Miami an attractive option for residents seeking the perfect blend of hotel amenities and the flexibility of home-sharing options.
Keith Menin expressed his enthusiasm about the TCO milestone, stating, “Receiving the TCO is a major milestone for us all. Our immediate focus is now on welcoming buyers into their new homes and ensuring they fully experience all that Gale Miami has to offer. The positive reception from buyers confirms Gale Miami’s appeal and exceeds expectations in the Downtown Miami market.”
Gale Miami Hotel & Residences, along with 601 Miami, boasts a sprawling 70,000-square-foot amenity space spread across three floors. Residents and guests can enjoy a state-of-the-art fitness facility, a tranquil yoga lounge, an inviting terrace, and spa facilities including a steam room, sauna, and hammam. The property features a 24-hour attended lobby with a comfortable lounge area and 24-hour valet parking. Culinary options are abundant, with three unique dining concepts: an Italian restaurant, an American steakhouse and lounge, and a Mediterranean-style eatery.
For business needs, the Gale Miami Conference Center, located on the 8th floor, offers over 20,000 square feet of flexible space, including multiple conference rooms, breakout areas, and a grand ballroom. Additionally, the property includes three dedicated floors of exhibition space, each spanning 40,000 square feet. As a premier conference venue in Downtown Miami, Gale Miami is a sought-after location for major events, from weddings to corporate functions. The center provides personalized concierge catering and services, ensuring every guest’s needs are met with meticulous attention to detail.
Designed by Arquitectonica, in collaboration with Urban Robot for interior design and landscape architecture, Gale Miami Hotel & Residences embodies a vibrant, walkable urban oasis in Downtown Miami. With breathtaking views of Biscayne Bay and the Miami skyline, the design seamlessly integrates urban sophistication with luxurious resort-style amenities, establishing a new benchmark for city living.
The announcement of Gale Miami’s TCO and rapid sales success coincides with the launch of their latest development, 14 ROC, in Downtown Miami on July 10. This new venture continues the trend of innovative, high-demand properties that cater to the evolving needs of Miami’s residents and visitors alike.
Billionaire Ken Griffin Moves Forward with $1 Billion Mixed-Use Tower in Miami’s Brickell Financial District
Ken Griffin, the billionaire founder and CEO of Citadel and owner of Citadel Securities, is pushing ahead with ambitious plans to develop a $1 billion-plus mixed-use tower in Miami’s vibrant Brickell Financial District. This significant development marks a new chapter for both Citadel and the rapidly evolving Miami skyline.
This week, Griffin’s attorney, Neisen Kasdin, submitted a pre-application for three prominent sites located at 1201 Brickell Bay Drive, 1221 Brickell Avenue, and 1250-1260 Brickell Bay Drive. These sites will collectively host the new headquarters for Citadel and Citadel Securities, reflecting Griffin’s commitment to establishing a substantial presence in Miami.
The proposed tower at 1201 Brickell Bay Drive will feature a mix of office spaces, a luxury hotel, retail outlets, food and beverage venues, and ample parking. This development will be constructed under Miami-Dade County’s rapid transit zoning regulations, a testament to the city’s forward-thinking urban planning. The sites fall within a Metromover subzone added in recent years, enhancing their accessibility and appeal.
In addition to the new tower, preliminary site plans suggest that residential units may be integrated into the existing office building at 1221 Brickell Bay Drive. This blend of commercial and residential spaces is designed to create a dynamic, multi-functional environment in the heart of Brickell.
Griffin has enlisted the expertise of Norman Foster’s renowned London-based architecture firm, Foster + Partners, to bring this vision to life. Philadelphia-based Gattuso Development Partners, led by office developer John Gattuso, is also collaborating on the project.
The Brickell assemblage, spanning approximately 4.2 acres, was acquired by companies linked to Griffin and Citadel for nearly $670 million in 2022. The most notable transaction was the $363 million purchase of the 2.5-acre bayfront lot at 1201 Brickell Bay Drive from the Hollo family’s Florida East Coast Realty. This deal set a record price for the development site.
While the project’s future height will be restricted by Federal Aviation Administration regulations, capping buildings in Miami at 1,049 feet, the development is poised to make a significant impact on the city’s skyline.
Citadel has been steadily expanding its footprint in Miami. Recently, it increased its space at 830 Brickell to a total of approximately 130,000 square feet. Additionally, Citadel and Citadel Securities maintain a presence at the Southeast Financial Center in downtown Miami.
Ken Griffin has also been investing heavily in South Florida’s residential real estate market. He owns several waterfront properties in Miami, Miami Beach, and Palm Beach. The Daytona Beach native’s relocation from Chicago to South Florida includes plans to sell some of his residential properties in Chicago, where he originally built his business empire.
Fortune International Group Secures Pre-Development Loan for ORA by Casa Tua in Brickell
Fortune International Group, a prominent Miami-based developer, has made a bold move by acquiring a prime 46,373-square-foot site at 1210 Brickell Ave in the heart of Brickell. This acquisition is a crucial milestone for the ORA by Casa Tua project, further supported by a substantial $36,080,000 pre-development loan from Amerant Bank. The project, set to redefine luxury living in Miami, is now on track for its groundbreaking in 2025.
The site was purchased from Miami-based Patagonian Investment Internacional LLC, and the developer is now gearing up for the construction phase, with groundbreaking expected to commence in 2025.
ORA by Casa Tua is set to be a landmark development in Miami, standing at 77 stories and approximately 930 feet tall. The building, designed by Arquitectonica with interiors by m2atelier, will feature 533 fully furnished residences available for short-term rentals. This ambitious project aims to embody Miami’s dynamic and evolving spirit, establishing itself as a prime destination in the city.
The development will also include approximately 25,000 square feet dedicated to Casa Tua’s four new restaurant concepts. Additionally, it will feature creative workspaces with private office spaces, conference rooms, content creation rooms, bar lounges, and outdoor seating areas.
Edgardo Defortuna, President, CEO, and founder of Fortune International Group, expressed his excitement about the project: “The acquisition of the site and loan closing are principal steps that mark an exciting beginning for ORA by Casa Tua’s vision to take shape. We are eager for Miami’s community to sense the anticipation and witness the project come to life.”
ORA by Casa Tua promises a range of luxurious amenities, including a second pool on the 12th floor with a sun shelf, loungers, cabanas, a jacuzzi, a show kitchen, a private event space, and lush landscaping. Residents will also enjoy an entertainment lounge, a two-floor fitness and wellness center with a hammam and couples treatment rooms, and a unique three-story open sky garden.
The residences will range from 500-square-foot studios to 2,400-square-foot four-bedroom units, all fully furnished and ready for immediate listing as short-term, seasonal, or long-term rentals. These units will offer stunning panoramic views of Brickell, Biscayne Bay, and Coconut Grove, featuring ten-foot ceilings with floor-to-ceiling windows and curated window treatments. The Italian-designed kitchens will be equipped with top-tier appliances, and the Italian-designed baths will include imported fixtures. Additionally, the residences will be outfitted with smart home technology and spacious walk-in closets.
Casa Tua, founded by Miky and Leticia Grendene, opened its flagship Miami Beach location in 2001. It quickly became known as a welcoming place for friends, family, and guests from around the world to celebrate life. Pioneering the members club concept in Miami, Casa Tua blends art, entertainment, and fine dining with a signature Italian style. Over the years, it has expanded to Aspen and Paris, with a New York City location opening in 2023. The brand also launched Casa Tua Cucina in partnership with Richard Baker and Saks Fifth Avenue, an award-winning Italian open kitchen concept located in Miami’s Brickell City Centre.
ORA by Casa Tua is poised to add to this legacy, offering a unique blend of luxury living and innovative design that reflects the vibrant spirit of Miami. As the project progresses, it will undoubtedly become a cornerstone of the Brickell skyline and a testament to Fortune International Group’s vision and commitment to excellence.
848 Brickell: A New Landmark in Miami’s Financial District
Developers for 848 Brickell have taken a significant step towards reshaping Miami’s skyline with their latest project. Key International and Sterling Bay filed for FAA permits on June 27, 2024, for this 51-story Class A office and retail tower in Miami’s Brickell neighborhood. Designed by the renowned Skidmore, Owings & Merrill (SOM), the structure is set to reach an impressive height of 764 feet above ground, or 775 feet above mean sea level. As of now, the permit status is “work in progress.”
848 Brickell promises to be a major addition to Miami’s Financial District, providing over 750,000 square feet of premium office space and 7,500 square feet of ground-floor retail. Additionally, it will include on-site parking facilities for more than 1,000 vehicles. Catering to modern business needs, the tower will feature tech-enabled conference facilities, a luxury fitness center, an expansive outdoor terrace, padel tennis courts, and private open-air lounges.
Strategically located at 848 Brickell Avenue, the tower will offer stunning views of the ocean and Brickell Avenue. Its prime location ensures quick access to top dining, retail, and entertainment spots, making it a premier business hub in Miami.
Key International, under the leadership of Diego and Inigo Ardid, chose Sterling Bay for its expertise in developing world-class office spaces. Sterling Bay’s impressive portfolio includes creative office spaces for major corporations like Google and McDonald’s. This collaboration aims to create a next-generation workspace that meets the evolving needs of modern businesses and professionals in South Florida.
The FAA permit applications signify a major milestone for 848 Brickell, underscoring ongoing efforts to transform downtown Miami with new residential, commercial, and office projects. This development is poised to play a crucial role in the continued growth and modernization of the area.
Sales Launch for Domus Brickell Park Miami
We are thrilled to announce the launch of sales for Domus Brickell Park, the latest milestone in luxury condominium development brought to you by North Development—a joint venture between Miami developer Ricardo Dunin’s Oak Capital and Peru’s Edifica. This exciting project marks the second condominium under the Domus brand and showcases the unique FLATS concept (Flexible Apartments for Temporary Stays), designed to revolutionize urban living.
Situated in the heart of Miami’s prestigious Brickell financial corridor, Domus Brickell Park will rise 35 stories high, featuring 579 meticulously designed units. This prime location at 1034 SW 2nd Avenue places residents at the epicenter of vibrant city life, surrounded by major banks, corporate headquarters, trendy restaurants, shopping centers, and recreational venues.
Domus Brickell Park promises an exceptional living experience with an array of world-class amenities:
The Cypress Room: A luxurious 4,000-square-foot gathering space featuring a café, wine bar, and artisanal market with gourmet fare.
High-Touch Services: 24-hour concierge, valet attendants, and a dedicated customer service line.
Wellness and Recreation: A seventh-floor gym with an outdoor terrace, rooftop yoga deck, rooftop bar, pool, sky deck, cabanas with day beds, hot tub, and a lush garden lounge.
Technology and Convenience: The Domus FLATS App for seamless check-ins, room and elevator access, and more.
The FLATS concept, coined by Ricardo Dunin, is garnering praise for its innovative approach to short-term rental-friendly offerings, rooted in high-end hospitality. Domus Management, a bespoke management company created by Dunin, ensures that each property adheres to top-tier brand standards, providing a comprehensive, customer-centric experience.
The design team for Domus Brickell Park includes Studio Mc+G Architecture, known for their work on the iconic Delano South Beach hotel, and Urban Robot Associates, specialists in urban design, interiors, and landscape architecture. The building is a wellness-focused ‘green’ structure featuring ultraviolet (UV) water purification, air filtration systems, and EV charging stations.
Residents of Domus Brickell Park will enjoy unparalleled access to transportation, with the Brickell Metromover station just one block away. This connection links to the Miami Metrorail and the Brightline high-speed train, making travel to Orlando a breeze. The building’s location also offers stunning high-floor views of the cityscape and Biscayne Bay, and proximity to Southside Park, multiple greenspaces, and The Underline—a 10-mile linear park with numerous amenities.
Starting from the low $500,000’s to $1.5 million, Domus Brickell Park offers studio, one-, and two-bedroom FLATS featuring nine-foot ceilings, private balconies, keyless entry smart lock systems, premium appliances, and in-unit washers and dryers. This competitively priced property is poised to be a standout in the Brickell market.
Domus Brickell Park is slated for completion at the end of 2027, promising to be a landmark of luxury and innovation in Miami.
One Twenty Brickell Residences: A New Residential Tower in Miami
A foundation permit application has been filed for One Twenty Brickell Residences, a 34-story residential tower planned for construction at 120 Southwest 8th Street in Brickell, Miami. Designed by Sieger Suarez Architects with interiors by Cotofana Designs and developed by Property Markets Group (PMG), this new development will feature 240 fully furnished residences, each delivered with its own deeded office suite and over 60,000 square feet of amenities. The foundation permit application was filed with Miami-Dade County on April 30, with no contractor yet named.
One Twenty Brickell Residences will feature a range of studio to three-bedroom apartments, sized from 451 to 1,395 square feet. Each residence will boast fully integrated kitchens with custom countertops and backsplashes, contemporary under-mount sinks, and a high-end appliance package. Additional features include imported and custom kitchen and bathroom cabinetry by Italkraft, WaterWorks bathroom fixtures, glass-enclosed showers, and fully built-out closets in primary bedrooms. The flooring, selected with specifications recommended by Cotofana Designs, includes designer polymer wood and a contemporary lighting package. A built-in top-of-the-line washer and dryer enhance convenience, while PMG’s smart home technology offers efficient, seamless personalization at the touch of a button.
One Twenty Brickell Residences features a unique offering of private office suites, which are deeded individually to condo purchasers. Each office is enclosed with glass panels and equipped with a desk, chair, two guest chairs, a wallpaper accent wall, and complimentary Wi-Fi, providing a functional workspace for residents. Additional office amenities include concierge secretary service, dedicated elevators, a reception area, and a coffee station. For larger meetings, a conference room is available, featuring an eight-person conference table, a 72-inch smart TV with a mounted camera, a conference phone, and Wi-Fi access.
Extensive Amenities for Modern Living
Amenities at One Twenty Brickell Residences encompass over 60,000 square feet, including:
Pickleball court with courtside seating
Children’s club and gym
Sky bar and lounge
Cafe and juice bar
Infinity-edge pool offering sunset views
Dog run
Wellness and fitness center featuring steam rooms, saunas, treatment rooms, and relaxation area with outdoor terraces
Modern fitness studio with the latest equipment
Movement studio and yoga lawn
Additional services available to residents include a building and wellness concierge, comprehensive management of the property, and smart-building technology, all aimed at providing a seamless living experience. The complex is further enhanced by custom art installations, enriching the environment for those who live, work, and play there.
2200 Brickell Development Breaks Ground
Miami, renowned for its vibrant culture and stunning skyline, is set to welcome a new landmark with the groundbreaking ceremony of 2200 Brickell yesterday. This eagerly anticipated event marks the commencement of a visionary project that promises to redefine luxury living in the heart of the city.
Situated in the prestigious Brickell neighborhood, 2200 Brickell stands tall as a five-story development comprising 105 opulent condominiums. Crafted with meticulous attention to detail, these residences epitomize sophistication and exclusivity, offering a lifestyle reserved for the discerning few.
With prices starting at $1.2 million, the condos at 2200 Brickell present an unparalleled opportunity to indulge in the epitome of luxury living. From breathtaking views of the Miami skyline to unparalleled amenities, each aspect of this development is designed to exceed expectations and elevate the standard of upscale living.
Behind this ambitious venture stand the acclaimed Aria Development Group, Largo, and Place Projects. With a shared commitment to excellence and innovation, these developers bring a wealth of experience and expertise to the table, ensuring that 2200 Brickell emerges as a true masterpiece in Miami’s architectural landscape.
At the helm of the design is the renowned architectural firm Revuelta, renowned for its iconic creations that seamlessly blend form and function. Collaborating with Revuelta are the visionary minds at ODA New York, tasked with crafting interiors that exude sophistication and style, setting a new standard for luxury living in Miami.
As the ceremonial shovels hit the ground, anticipation fills the air for what lies ahead. With completion slated for 2026, 2200 Brickell promises to be more than just a residential development; it’s a symbol of Miami’s unwavering spirit of innovation and progress.
The groundbreaking ceremony of 2200 Brickell heralds the dawn of a new era in luxury living. From its meticulously designed residences to its prime location in the heart of Brickell, this development is poised to captivate discerning homeowners and redefine the very essence of upscale living in Miami. As construction progresses, the anticipation only grows, fueling excitement for the unveiling of this architectural marvel in 2026. Stay tuned as 2200 Brickell sets the benchmark for luxury living in the Magic City.