Abbhi Capital’s Miami Worldcenter Site: Fence Permit Under Review and Plans for Two Towers Revealed
A significant step in the development of the Abbhi Capital site at Miami Worldcenter is now in motion. A permit to install a fence around the construction site is currently under review by Miami’s Building Department. The permit, which was applied for on August 24th, lists an estimated construction cost of $11,500.
This comes as further development plans for the site move forward. In September 2023, detailed plans were submitted to Miami’s Urban Development Review Board (UDRB) outlining an ambitious two-tower project. According to the submission, the site will feature two towering structures: a 59-story north tower rising 643 feet above ground (655 feet above sea level) and a 33-story south tower reaching 453 feet above ground (465 feet above sea level).
The proposed development includes:
558 residential units in the north tower
368,362 square feet of office space in the south tower
A 7,109 square foot ground-floor restaurant
1,319 vehicle parking spaces housed within an 11-story podium, partially lined with residential units
This project marks another milestone in the rapid growth of Miami Worldcenter, one of the largest urban developments in the U.S., and further underscores Miami’s transformation into a premier hub for luxury living and commercial space.
Keep an eye on this space as Abbhi Capital’s vision for Miami Worldcenter continues to unfold, with significant contributions to the skyline and urban landscape of downtown Miami.
Brickell’s Mercedes Benz Places Breaks Ground on Second Tower as Construction Progresses
The second tower at the highly anticipated Mercedes Benz Places Miami is now officially under construction. This luxury mixed-use project is a major milestone for the neighborhood, and the progress doesn’t stop there. Foundation work at the first tower is nearly complete, according to Serhant, the exclusive brokerage handling condo sales for the development.
Both towers will add to Brickell’s ever-evolving skyline, with the first tower rising to an impressive 780 feet and the second slightly shorter at 763 feet, as detailed in plans submitted to the county in July.
A Vision for Modern Living: What to Expect from Mercedes Benz Places
The combined development will offer a diverse range of amenities, including:
1,010 residential units
200 hotel units
142,129 square feet of commercial space
153,070 square feet of office space
881 parking spaces
38,582 square feet allocated for governmental use
Designed for the Future
JDS Development Group is leading the project, while ODP Architects is serving as the architect of record. With its strategic location, cutting-edge design, and mix of residential, hotel, office, and commercial spaces, Mercedes Benz Places is poised to become a standout addition to Brickell’s luxury market.
This development not only adds to the neighborhood’s vertical growth but also serves as a prime example of how Miami’s urban core continues to evolve into a global hub for high-end living and business. Stay tuned for more updates on the progress of this groundbreaking project!
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.
St. Regis Residences Miami Secures $527M Construction Loan Following Sales Milestone
The highly anticipated St. Regis Residences Miami is one step closer to becoming a reality. The 50-story luxury tower has just secured a massive $527 million construction loan, after reaching a key sales milestone. Developers Related Group and Integra Investments successfully closed the financing deal with TYKO Capital, setting the stage for full-scale construction of the ultra-luxury property.
This loan ranks among the largest residential construction financings in Florida to date. It follows two other high-profile loans in Miami this year: a $668 million loan for the Waldorf Astoria Residences in June and a $600 million loan for Brickell’s Cipriani Residences in February. These significant financial commitments reflect the booming demand for high-end residential properties in Miami’s competitive real estate market.
More than 60% of the 152 exclusive condos planned for the St. Regis Residences are now in contract, highlighting the strong buyer interest in the project. As the tower continues to attract luxury buyers, it is well on its way to becoming one of the city’s most coveted addresses.
The St. Regis Residences is being designed by the acclaimed architectural firm Robert A.M. Stern Architects. Their vision for the tower draws inspiration from “the elegant aesthetic of golden-age ocean liners at sea, merged with the modern allure of skyscrapers.” This unique blend of timeless sophistication and contemporary design is set to create an iconic addition to Miami’s skyline.
As this landmark development moves forward, it will undoubtedly continue to capture the attention of the luxury real estate world. Stay tuned for more updates as the St. Regis Residences, Miami takes shape.
Key Highlights:
$527 million construction loan secured from TYKO Capital
Over 60% of the 152 luxury condos are already in contract
Designed by Robert A.M. Stern Architects, merging golden-age elegance with modern skyscraper allure
Demolition is ongoing at the site, marking continued progress
For more insights into Miami’s luxury real estate market, keep following our blog for the latest updates and developments.
Miami Arena Site Set for New Development: Site Work Permit Issued
Miami is on the cusp of witnessing the transformation of a significant part of its skyline with the former Miami Arena site now ready for redevelopment. On August 26th, the city’s Building Department issued a highly anticipated site work permit, greenlighting the initial groundwork on the historic site. Coastal Construction, a prominent name in the industry, has been chosen as the contractor to bring the developer’s vision to life, records show.
The project, spearheaded by the Witkoff Group, is set to reshape the downtown area, with plans for three striking towers to be built in phases. The development will feature a combined total of 2,350 residential units and 1,924 parking spaces across the three towers, designed to accommodate the influx of new residents to the area.
The first of the three towers, which is currently moving through the final approval process, will stand tall at 52 stories, reaching an impressive 624 feet. This tower alone will house 894 residential units. Along with the master construction permit, a phased vertical permit is also under review, ensuring that the process continues smoothly.
Witkoff Group has enlisted Kobi Karp, a renowned Miami architect, to design the ambitious project. Karp is known for his iconic designs that blend Miami’s vibrant culture with sleek, modern aesthetics, which will no doubt be on display in this massive development. The multi-tower project is expected to breathe new life into the former Miami Arena site, offering a fresh take on urban living in the heart of Miami.
With these initial approvals, Miami’s skyline is set to change once again, offering more residential options and continuing to establish the city as a hub of luxury and modern living.
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.
Vita Residences at Grove Isle Tops Off Construction
Grove Isle, a tranquil and exclusive 20-acre private island just off Miami’s Coconut Grove neighborhood, is welcoming its first new residential development in decades. The CMC Group, led by renowned developer Ugo Colombo, has officially topped off construction of Vita Residences at Grove Isle, a highly anticipated 65-unit luxury condominium. This significant milestone is part of a grand vision to reshape the island’s residential landscape, with completion set for late 2025.
Vita Residences at Grove Isle is no ordinary development. Nestled within the serene waterfront setting, the seven-story building comprises three interconnected structures that form a cohesive, elegant design. Located at 5 Grove Isle Drive, the development offers an exclusive island lifestyle just minutes from the bustling Coconut Grove neighborhood, one of Miami’s most desirable residential enclaves.
Despite its ongoing construction, Vita Residences at Grove Isle has already secured strong interest, with nearly 80% of its units under contract. The majority of buyers are from the United States, demonstrating the continued demand for luxury living in Miami, especially in areas like Coconut Grove. The development’s allure lies not only in its luxurious amenities and design but also in its prime location, offering unobstructed views of Biscayne Bay.
Ugo Colombo, the visionary behind CMC Group, expressed his excitement about the project’s progress, saying, “Seeing Vita at Grove Isle take shape is a fulfillment of our vision for future residents and the future of Grove Isle itself. This development will offer an exclusive private-island lifestyle, combining the unparalleled water views and unique location with the comfort and luxury of homes, all within the convenience of a condo.”
The residences at Vita at Grove Isle are designed with high-end finishes and craftsmanship throughout, with three-, four-, and four-plus-den-bedroom layouts available. The crown jewels of the development are the 12 exclusive penthouses, each featuring a private rooftop pool. Prices start at around $6 million for standard units, with penthouses priced at approximately $19.5 million.
The Vita development brings not only luxury residences but also a range of island-wide upgrades. Significant improvements to the island’s roadways, signage, and guardhouse are planned. Residents will enjoy access to a variety of amenities, including a bayfront pool, fitness center, spa, and a private members-only club offering tennis and pickleball courts. Additionally, a public restaurant and marina will be integrated into the development, providing both residents and visitors with waterfront dining and leisure.
In early 2024, CMC Group secured $239 million in construction financing from Bank OZK, ensuring the smooth progress of the project. The design team includes renowned architecture firm CallisonRTKL, local architects S & E Architects, and world-class interior designers Carlo and Paolo Colombo of A++ Architecture, further highlighting the development’s commitment to quality and luxury.
Vita at Grove Isle is poised to become a standout addition to Miami’s high-end real estate market. Grove Isle has long been known for its exclusivity and stunning views, and this new development will enhance its reputation as one of Miami’s premier residential destinations. Minutes from the vibrant districts of Brickell, Miami Beach, and Coral Gables, Vita at Grove Isle offers the perfect blend of serene island living and easy access to Miami’s best dining, shopping, and entertainment.
CMC Group’s track record of excellence in luxury development continues with Vita at Grove Isle, joining the ranks of its previous projects like Bristol Tower, Santa Maria, and Brickell Flatiron. With the recent completion of Onda Residences in Bay Harbor Islands, CMC Group continues to push the boundaries of luxury living in Miami.
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.
Dolce&Gabbana Tower: A New Icon Rising in Miami’s Brickell District
Plans for a new architectural marvel in Miami’s Brickell district have been submitted to Miami-Dade County planners, signaling the arrival of the Dolce&Gabbana Tower. This 81-story mixed-use skyscraper, designed by Studio Sofield with ODP as the architect of record, promises to be a striking addition to Miami’s ever-evolving skyline.
The Dolce&Gabbana Tower, located at 888 Brickell Avenue, is set to rise 1,049 feet, making it one of the tallest buildings in Miami. The skyscraper will house 259 luxury residential units and feature 102,805 square feet of commercial space. The commercial areas will include high-end retail shops, gourmet restaurants, a state-of-the-art spa, and a modern gym. The development, led by JDS Development Group, will also provide 273 parking spaces, reaching the maximum height permitted by the FAA in this part of Miami.
This ambitious project is strategically positioned on the north side of SE 10th Street, just west of Brickell Avenue/US-1, occupying a property that spans approximately 22,568 square feet (0.51 acres). Currently, the site is home to an office building constructed in 1972. The tower’s location offers unparalleled convenience, sitting just half a block from the Tenth Street Metromover Station, making public transportation readily accessible for residents and visitors alike.
Earlier this year, JDS Development Group secured the property for a staggering $61 million, a testament to the high stakes and significant investment involved in this development.
In exchange for project approval, the developer has committed to a substantial public benefit contribution. The Board of County Commissioners approved a Special Exception for a General Development Plan on June 20, 2024, which includes a one-time payment of $1.5 million from the developer. These funds are earmarked for critical infrastructure improvements in the area, including the installation of a new traffic signal at South Miami Avenue and SW 10th Street. Additionally, the funds will support repairs and upgrades to the Tenth Street Metromover Station and its surroundings. Planned enhancements include updates to mechanical systems, restrooms, painting, signage, accessibility features, streetscape improvements, and wayfinding support, all of which will significantly benefit the community.
The Dolce&Gabbana Tower is the result of a collaborative effort involving several key players in the industry. DeSimone is responsible for structural engineering, while MG Engineering handles MEP engineering. The renowned fashion house Dolce & Gabbana is contributing to the interior design, ensuring that the tower’s interiors are as luxurious as its exterior.
SLS is managing code/ADA compliance, while Kimley Horn takes charge of landscape, civil, and traffic engineering. Lerch Bates oversees vertical transportation, and Walker Parking serves as the parking consultant. Socotec Consulting is managing enclosure and waterproofing, Longman Lindsey is the acoustical engineer, and Aquadynamics Design Group is the pool consultant. Sustainability efforts are being led by Trifecta Construction Solutions, with MG Engineering also responsible for AV/LV security systems.
The Dolce&Gabbana Tower is poised to become a new landmark in Miami, blending luxury living with commercial dynamism in the heart of Brickell. With its strategic location, world-class amenities, and significant contributions to public infrastructure, the tower is set to enhance the city’s reputation as a global destination for luxury and innovation. As Miami continues to grow and evolve, developments like the Dolce&Gabbana Tower are paving the way for a vibrant and sustainable future.
