Related Group, BH Group, and Partners Break Ground on The Residences at Six Fisher Island
In a landmark moment for luxury real estate, the Related Group, in partnership with Teddy Sagi, BH Group, and Wanxiang America RE Group, has officially broken ground on The Residences at Six Fisher Island. This highly anticipated development will rise within one of the most exclusive communities in the U.S.—Fisher Island. Situated on the island’s last available development site, the 216-acre iconic community will soon boast 50 bespoke residences across 10 stories, setting a new standard for ultra-luxury living.
The project, overseen by Coastal Construction, is expected to be completed by 2026. Already 50% sold, The Residences at Six Fisher Island has generated over $500 million in sales, including the sale of two penthouses for a combined $150 million. Sales are being managed by Douglas Elliman, cementing the development’s place as a top-tier real estate investment in Miami.
“The groundbreaking of The Residences at Six Fisher Island marks a transformative moment for this historic island, being the first new development in over five years and one of its final luxury residential ventures,” said Nick Pérez, President of Related’s Condominium Division. “This project elevates the island’s esteemed legacy and establishes a new standard for Miami’s ultra-luxury market.”
Architectural & Design Excellence
Designed by Kobi Karp Architects, with interiors by Tara Bernerd and Partners, Six Fisher Island brings a seamless blend of modern Miami style and timeless tropical elegance. The residences—ranging from three to eight bedrooms—feature high ceilings, expansive terraces, and floor-to-ceiling windows, offering breathtaking views of the water and Miami skyline.
Each residence has been thoughtfully curated to deliver the exclusivity of a single-family home with the convenience of condominium living. Key features include:
Custom kitchens with Sub-Zero and Wolf appliances
Dual walk-in wardrobes in primary suites
Elegant, natural stone bathrooms designed by Tara Bernerd
Private elevator foyers for each unit, with select residences offering private pools and outdoor kitchens
Five-Star Amenities for Unmatched Living
The Residences at Six Fisher Island will offer an unmatched lifestyle, with over 1,000 feet of shoreline providing access to a host of world-class amenities. Residents can indulge in two resort-style pool decks with swimming pools, private cabanas, and full-service bars. The oceanfront wellness facility includes spaces for cardio, Pilates, yoga, and weight training, along with a full-service spa complete with saunas and treatment rooms.
Additional luxury features include:
A virtual reality game room
Multi-sport simulator
Interactive children’s playground
24/7 concierge services
Private transportation on and off Fisher Island
A Legacy of Exclusivity
Fisher Island has long been recognized as one of the most prestigious communities in both South Florida and the nation. Residents of The Residences at Six Fisher Island will gain access to the Fisher Island Club, which includes a nine-hole golf course, 18 tennis courts, a 24,000-square-foot spa, state-of-the-art fitness center, multiple dining options, a luxurious beach club, and a deep-water yacht marina.
“We are thrilled to move one step closer to bringing world-class residences to Fisher Island, where luxury meets community in the most sought-after zip code on the East Coast,” said Isaac Toledano, Founder of BH Group. “The surge in pre-sales reflects the island’s prominence as a global destination, and reinforces the project’s dominance as the premier choice for discerning buyers seeking the pinnacle of luxury living.”
As Fisher Island continues to stand as a beacon of exclusivity and prestige, The Residences at Six Fisher Island promises to deliver an unparalleled living experience—one that will undoubtedly shape the future of ultra-luxury real estate in Miami.
Construction at The Standard Residences Midtown Miami Reaches Topping-Off Milestone
The Standard Residences Midtown Miami, a 12-story residential tower, has officially topped off construction, marking a significant step forward in the construction process. In addition to this, window installation has progressed up to the eighth floor. The project, backed by $45.045 million in financing from Bank OZK, continues to generate excitement, particularly with the announcement of two major food and beverage establishments. Solana by Juvia Group will grace the rooftop, while Rosetta Bakery Café & Privato Speakeasy will add flair to the ground floor.
Carlos Rosso, Founder of Rosso Development, expressed his enthusiasm, stating, “This milestone highlights Midtown’s ongoing transformation into one of Miami’s most sought-after areas. The support and enthusiasm surrounding the project reflect the vibrant future we envision for Midtown as a hub for living, working, and leisure.” This project is an integral part of Midtown’s evolution, signaling its growing appeal as a vibrant urban center.
The Standard Residences boasts an impressive design pedigree. The internationally renowned architecture firm Arquitectonica has brought their expertise to the building’s overall structure, while Urban Robot, in collaboration with The Standard’s in-house design team, has taken the lead on interior design. Civic Construction is serving as the general contractor, and Naturalficial is behind the thoughtfully designed landscape.
Located at 3100 Northeast 1st Avenue, the development sits at the crossroads of Miami’s most dynamic neighborhoods: The Design District and Wynwood. This prime location offers residents a highly walkable lifestyle, a rare attribute in Miami. The development has already achieved a remarkable milestone of its own, with 95% of the 228 residences—ranging from studios to two-bedroom units—already pre-sold. The flexibility of these units is particularly appealing, as they are designed to accommodate short-term leases as brief as one month.
The amenities at The Standard Residences are designed to offer a truly elevated living experience. The rooftop will feature a 60-foot resort-style pool, a restaurant and bar, and wellness facilities, including a fitness center, infrared sauna, indoor pickleball court, and yoga studios. In addition, residents will have access to a social floor, which includes a karaoke bar, screening room, co-working spaces, Zoom rooms, and a private boardroom. A concierge will be on hand to assist with owner needs and facilitate community programming.
The Standard Residences Midtown Miami, is on track for completion in Q3 2025.
Solina Bay Harbor Reaches 50% Sold
Solina Bay Harbor is quickly becoming the epitome of luxury living, and the numbers speak for themselves—this exquisite development is now 50% sold! As one of the most anticipated waterfront communities, this milestone marks a significant achievement and a testament to the desirability and unique appeal of Solina Bay Harbor.
Located in one of the most picturesque settings, Solina Bay Harbor offers a rare blend of luxury and natural beauty. Nestled along the pristine coastline, this development provides residents with breathtaking ocean views, serene surroundings, and access to some of the most stunning beaches. Each residence is meticulously designed to offer the ultimate in comfort and sophistication, blending seamlessly with the natural environment.
The architectural design reflects a modern aesthetic while paying homage to the coastal charm that makes this location so special. Spacious, open-plan interiors, floor-to-ceiling windows, and expansive balconies ensure that residents can fully immerse themselves in the beauty that surrounds them.
With 50% of the properties now sold, it’s clear that Solina Bay Harbor is resonating with those seeking not just a home but a lifestyle. The development offers a range of world-class amenities, including a state-of-the-art fitness center, an infinity pool overlooking the ocean, private beach access, and a full-service marina.
For those who value convenience and exclusivity, Solina Bay Harbor provides both in abundance. The nearby town offers gourmet dining, boutique shopping, and vibrant cultural experiences, all within a short drive or boat ride. Whether you’re looking to unwind in your private sanctuary or explore the dynamic local scene, Solina Bay Harbor offers the best of both worlds.
One of the key factors driving sales at Solina Bay Harbor is the sense of community that is being cultivated here. The developers have gone to great lengths to ensure that residents feel connected not just to their environment but to each other. Regular social events, a private club, and communal spaces designed for interaction make it easy for residents to build lasting relationships with their neighbors.
This is more than just a place to live; it’s a community where residents can create memories, enjoy a sense of belonging, and indulge in the finest things life has to offer.
As Solina Bay Harbor continues to captivate discerning buyers, the opportunity to become part of this exceptional community is becoming more limited. With its unique blend of luxury, natural beauty, and community spirit, it’s no wonder that this development has reached the 50% sold milestone so quickly.
Turnberry Completes Foundation Pour for ONE ParkTower at SoLé Mia
ONE Park Tower has recently reached a significant milestone in North Miami. The 33-story ultra-luxury condominium tower located within the expansive 184-acre master-planned community of SoLé Mia, has successfully completed the foundation pour, marking a critical step forward in bringing this iconic tower to life.
Situated at 2411 Laguna Circle, ONE Park Tower will feature 292 exclusive residences that overlook a breathtaking seven-acre Crystal Lagoon® and are surrounded by lush natural landscapes. This extraordinary development is designed by the acclaimed architectural firm Arquitectonica, with interiors crafted by the renowned Meyer Davis and landscaping by DS Boca.
The tower is strategically positioned to offer its residents panoramic views of some of Miami’s most stunning natural and urban landscapes. The residences boast vistas of the Crystal Lagoon®, Oleta River State Park, Biscayne Bay, the Atlantic Ocean, and the dynamic Miami skyline. Each unit is thoughtfully designed with one-, two-, and three-bedroom layouts, as well as penthouses that feature high ceilings, wrap-around terraces, and spacious master bedrooms with walk-in closets.
Upon completion, residents of ONE Park Tower will have access to an array of world-class amenities. These include the Laguna Solé, a swimmable lagoon that serves as the heart of the community, a lagoon-front beach club, two private swimming pools, private pickleball courts, and a state-of-the-art wellness center. Additional lifestyle features encompass a café, co-working facilities, event rooms, a golf simulator, a children’s playroom, and a pet spa, ensuring that every resident’s needs and desires are met.
The project has garnered strong interest, with 70% of the residences already pre-sold. Turnberry has secured $172 million in construction financing, underscoring the confidence in this landmark development. Juneau Construction Company is leading the construction efforts, with the completion anticipated in Summer 2026. For those looking to become part of this exclusive community, the remaining residences are being marketed by Fortune International Realty, with prices starting at $900,000.
Okan Tower: A New Construction Icon in Downtown Miami’s Skyline
Construction continues to advance on Okan Tower, a 70-story mixed-use marvel taking shape at 555 North Miami Avenue in the heart of Downtown Miami. Designed by the esteemed Behar Font & Partners and developed by Okan Group, this 902-foot-tall, 914,124-square-foot skyscraper is set to redefine luxury living and working spaces in the city. Once completed, the tower will feature 399 luxurious residences, a 316-key hotel, 64,000 square feet of Class A office space, and a host of indoor and outdoor amenities, making it a true gem in Miami’s urban landscape.
The tower is being constructed on a 0.86-acre corner plot, strategically bordered by North Miami Avenue to the west and Northeast 6th Street to the north, ensuring it will be a standout feature in the downtown area. Witkin Hults + Partners, the landscape architect, is meticulously planning the surrounding green spaces to complement the building’s impressive architecture.
Jacob Companies, the project’s general contractor, has been actively sharing updates on the tower’s construction progress. Last week, they posted a series of photos on Instagram that provided a behind-the-scenes look at the ongoing activities at the site. The images captured various stages of the building process, from the installation of rebar to the formation of concrete slabs. The pouring of columns in the site’s northeast corner is visible, alongside significant progress on the south wall.
The construction team, including Okan Construction, Moore Group, Efco Forming, and US American Concrete, is making remarkable strides in the tower’s structural phase. As the year progresses, we can expect to see Okan Tower start to make a substantial impact on the Miami skyline.
Okan Tower’s residential offerings are divided between 163 condominium units on floors 51 through 70, tailored for private residences, and 236 condo-hotel units on floors 36 to 50. These condo-hotel units are designed for short-term rentals, offering all the services and amenities of a luxury hotel. The residential units vary in size, with studios starting at 447 square feet and expansive three-bedroom residences reaching up to 2,183 square feet, catering to a wide range of lifestyle needs.
The tower’s design and amenities are poised to attract those seeking an unparalleled living experience in Miami, combining luxury, convenience, and modern design in a prime downtown location.
As construction progresses, anticipation continues to build for the completion of Okan Tower. The project is expected to be finished by 2027, at which point it will stand as a new icon in Miami’s skyline, embodying the city’s vibrant spirit and relentless growth.
Shoma Bay Elevates Miami Luxury Living with Rolls-Royce Perks and Unmatched Amenities
Miami is no stranger to luxury, but Shoma Bay, a new 24-story tower in North Bay Village set to open in 2026, is taking things to a whole new level. The latest project by Shoma Group is making waves not just for its stunning architecture or prime location off the John F. Kennedy Causeway but for an extraordinary amenity that’s sure to turn heads—a chauffeured Rolls-Royce Cullinan available to all residents. Yes, you read that right. Imagine having a Rolls-Royce at your beck and call to cruise around Miami in style. Let’s dive into what makes Shoma Bay the epitome of luxury living in the Magic City.
Shoma Bay isn’t just another high-rise; it’s a lifestyle destination designed to cater to the most discerning buyers. With 333 units ranging from one to three bedrooms, plus 10 exclusive penthouses, Shoma Bay promises to offer something for everyone looking for a luxurious place to call home. But what truly sets it apart are the unique amenities that go far beyond the typical offerings of high-end condos.
The crown jewel of Shoma Bay’s amenities is undoubtedly the Rolls-Royce Cullinan—a vehicle synonymous with elegance and sophistication. Residents will have access to this chauffeured luxury SUV for trips within a 10-mile radius, including key locations like Miami International Airport, the Bal Harbour Shops, and the Miami Design District. It’s a perk that redefines convenience and luxury, ensuring that every outing is a memorable one.
Stephanie Shojaee, one half of the power couple leading Shoma Group, explains, “We offer residents access to a bespoke Rolls-Royce to enhance the luxurious lifestyles they will experience at Shoma Bay. This kind of amenity goes beyond traditional luxurious features such as high-end appliances or premium finishes.”
Shoma Bay is all about creating an environment where residents can live their best lives. The development features a wide range of amenities that cater to various aspects of luxury living:
Pet Spa: Because your fur babies deserve the best too.
Golf Simulator: Perfect for channeling your inner Tiger Woods without leaving the building.
Zen Garden: A peaceful retreat where you can relax and unwind.
Wine Club: Elevate your happy hours with curated selections and exclusive tastings.
And if that’s not enough, Shoma Bay is also set to include what might be the most luxurious Publix in Florida, along with a rooftop lounge offering stunning views and a place to socialize with neighbors.
The integration of high-end brands like Rolls-Royce into real estate developments is a growing trend, especially in markets like Miami, where affluent buyers are looking for more than just a place to live—they’re looking for a complete lifestyle experience. As the first Latina U.S. ambassador for Rolls-Royce, Stephanie Shojaee sees this collaboration as a natural extension of Shoma Group’s commitment to luxury.
While the Rolls-Royce Cullinan might seem like the ultimate amenity, Shoma Group has hinted that more surprises are in store. One highly anticipated feature is a distinguished high-end restaurant, though the name remains under wraps for now. This, combined with the development’s other luxurious offerings, ensures that Shoma Bay will be a landmark of opulence in Miami.
With units starting at $750,000, Shoma Bay is positioning itself as one of Miami’s most desirable addresses. Whether you’re drawn to the idea of having a Rolls-Royce at your disposal, the array of exclusive amenities, or simply the chance to be part of a community that celebrates luxury, Shoma Bay offers an unparalleled living experience.
Miami Dade’s Water and Sewer Department has recently agreed to provide utilities for additional units beyond what was initially planned for M-Tower, a 57-story residential building situated at 56 Southwest 1st Street in downtown Miami. This revision reflects a growing demand for residential space in the heart of Miami, and the project aligns with the city’s vision for urban development.
In early July, a revised utility agreement was recorded, now stating that the M-Tower development will encompass 765 apartments, 4,708 square feet of retail space, and 5,000 square feet for a full-service restaurant. This is a notable increase from the previously planned 675 apartments, adding 90 more units to the development.
This increase in density highlights the growing demand for residential spaces in downtown Miami. The city’s vision for urban development is further realized through such projects, encouraging more people to live in the city center and fostering a vibrant urban community.
M-Tower is being developed by Lions Group NYC and Fortis Design + Build, operating under Downtown 1st St LLC. The tower, designed by Nichols Architects, will rise 57 stories across the sites at 56 and 70 Southwest 1st Street, near Miami’s Government Center. The project also involves Naturalficial as the landscape architect and Kimley-Horn as the civil engineer.
A key feature of M-Tower is its public parking garage, which will offer nearly 700 spaces, alongside commercial and retail spaces at the ground floor level. The building’s design and amenities aim to enhance the overall streetscape and living experience for residents.
The residential units within M-Tower will offer a mix of studio, one-bedroom, and two-bedroom apartments. The ninth floor is set to host an array of amenities, including a landscaped outdoor deck featuring two pools. Additionally, the project will incorporate integrated art murals for the eight-story parking garage, selected by the Miami Parking Authority, adding a cultural touch to the structure.
The Federal Aviation Administration (FAA) approved permits for M-Tower in early July, allowing the building to reach 605 feet above ground or 615 feet above mean sea level. These permits, approved on July 2, 2024, are valid until January 1, 2026.
Total demolition permits have already been approved and issued for the sites at 56 and 70 Southwest 1st Street. The BG Group LLC is listed as the contractor for this demolition work, estimated to cost approximately $505,000. The site previously housed a 56-year-old municipal parking garage, which will be demolished to make way for the new development.
The expansion of M-Tower marks a significant step in addressing Miami’s growing residential needs. With its modern design, strategic location, and comprehensive amenities, M-Tower is set to become a landmark in downtown Miami’s urban landscape. This project not only caters to the increasing demand for residential units but also contributes to the city’s vision of a dynamic and integrated urban community.
830 Brickell Secures $565 Million Construction Loan
Miami’s skyline is set to welcome a new architectural marvel this fall as 830 Brickell, a 57-story, 640,000-square-foot Class A+ office tower, nears completion. Securing a $565 million long-term loan from TYKO Capital, this development underscores its significance as a base for many firms establishing their first Miami office, with over 90 percent of the building’s tenants being new to the market.
Designed by the renowned architecture firm Adrian Smith + Gordon Gill and featuring interiors by Italian architecture and design company Iosa Ghini Associati, 830 Brickell stands out as the first stand-alone Class A+ office building in Brickell in over a decade. The tower, developed by OKO Group and Cain International, is already fully leased and is in the process of receiving its Temporary Certificate of Occupancy in phases, with tenants actively building out their spaces.
Since construction began in 2020, leasing rates at 830 Brickell have more than doubled, setting a new high standard for Miami’s office market. Initially, office space was priced between $60-$70 per square foot. Recent leases have closed above $150 per square foot, while the Brickell submarket averages around $100 per square foot. This remarkable increase highlights the tower’s premium appeal and the growing demand for high-quality office space in Miami.
TYKO Capital, a commercial real estate private equity and private credit investment management platform, is a joint venture between Adi Chugh and a Florida-based hedge fund. Established in August 2023, TYKO focuses on institutional borrowers and assets in top-tier markets, investing across the entire capital stack and all asset classes. The successful securing of favorable financing terms for 830 Brickell by TYKO Capital marks a significant milestone for the project.
Vlad Doronin, Chairman and CEO of OKO Group, and Jonathan Goldstein, CEO of Cain International, expressed their excitement: “Our ability to secure favorable financing terms for 830 Brickell is a fitting capstone to the building’s success. 830 Brickell has acted as a catalyst for a historic wave of business migration into South Florida, positioning itself as the base for the world’s premier finance, technology, and professional services firms and propelling an office market that continues to outperform other major cities.”
830 Brickell hosts a roster of top-tier financial, technology, and professional services firms, including Microsoft, Citadel, Kirkland & Ellis, Marsh Insurance, Sidley Austin, CI Financial (Corient), Thoma Bravo, Santander Bank, and A-CAP, among others. Many of these firms are currently building out their interior spaces in anticipation of the building’s completion.
The tower’s amenities will include a top-floor restaurant and bar/private club with menus developed alongside a three-Michelin-starred chef, offering expansive views of the city and Biscayne Bay. Other features include a world-class health and wellness center, conferencing facilities, an outdoor terrace, cafés, and street-level retail. The building is conveniently located near multiple transit options, including Metrorail and Metromover, the Brightline, walking paths, cycling lanes, and bay access points. It is also close to Miami’s top residential and lifestyle neighborhoods such as the Design District, Wynwood, Edgewater, and Miami Beach.
Foundation Pour Completed for Mercedes Benz Places Miami
The foundation pour for the impressive 67-story Mercedes Benz Places Miami has been successfully completed, as announced by the developer on their social media account. This significant achievement sets the stage for the vertical construction, which is scheduled to commence in July.
The foundation pour took place in the last week, involving a colossal effort with over 10,000 cubic yards of concrete being transported to the site. This marks one of the largest concrete pours in the region, highlighting the scale and ambition of the project.
Mercedes Benz Places is not just another building; it is one of the largest developments currently under construction in Florida. The project spans an impressive 2.5 million square feet, making it a significant addition to the state’s skyline.
Upon completion, Mercedes Benz Places will feature 791 residential units, providing luxurious living spaces in the heart of the city. In addition to the residential units, the development will include office spaces, a hotel, retail outlets, and various amenity spaces, offering a comprehensive and vibrant community for its residents and visitors.
With the foundation pour now completed, all eyes are on the upcoming vertical construction phase set to begin in July. As the tower begins to rise, it will not only transform the skyline but also set new standards for mixed-use developments in the region.
Boasting 791 residences ranging from studios to three-bedroom condominiums, each unit offers panoramic views of Miami, Biscayne Bay, and the Atlantic Ocean. Beyond its residential offerings, the tower will feature 130,000 square feet of amenities and hospitality space, 200,000 square feet of office space, a 174-key hotel, retail outlets, and ample on-site parking.
What sets Mercedes-Benz Places apart is its commitment to innovation and sustainability. The project incorporates cutting-edge mobility solutions, including EV charging stations, valet parking, and bike-sharing programs, ensuring residents embrace a seamless urban lifestyle. Moreover, sustainability lies at the core of its design, with initiatives such as energy-efficient production and water conservation contributing to a greener, more eco-conscious community.