Miami World Tower 1 Receives Initial TCO, Marking Milestone for Miami Worldcenter Development

Miami World Tower 1 has reached a significant milestone, officially receiving its initial Temporary Certificate of Occupancy (TCO) from Coastal Construction. This TCO, identified as TCO #1, signals that the 56-story residential tower has met the preliminary standards to begin occupancy, paving the way for residents to soon move into one of Miami’s newest luxury developments.

Rising 56 stories above the vibrant Miami skyline, Miami World Tower 1 brings a blend of luxury living and lifestyle amenities to the Miami Worldcenter. The tower includes 565 apartment units, providing high-end residences with sweeping views and sophisticated design. Alongside residential offerings, the building features a 3,000-square-foot full-service restaurant and provides 401 parking spaces, offering convenience for residents and visitors alike.

Construction at the Miami World Tower site kicked off in late 2021, with the first crane installation in April 2022. By June 2022, the foundation was poured, and the tower’s skeleton began to rise, marking steady progress through the development timeline. The receipt of the initial TCO is the latest accomplishment, signifying that essential building systems are operational and meet safety standards required to welcome occupants.

Behind this ambitious project is developer Lalezarian, who has long-term plans for the Miami World Tower site. In addition to Tower 1, Lalezarian has filed plans to develop three additional towers, potentially adding 2,043 multifamily residential units to the area. This multi-tower vision aligns with the larger objectives of the Miami Worldcenter development, which aims to transform downtown Miami into a dynamic, mixed-use destination featuring residential, commercial, and entertainment spaces.

Miami World Tower 1 is just one component of the expansive Miami Worldcenter project, a master-planned development reshaping the city’s urban core. This transformative project aims to create a walkable, pedestrian-friendly environment enriched by art, culture, and green spaces. The additional towers proposed by Lalezarian will only further contribute to the vibrancy and allure of Miami Worldcenter, supporting its role as a landmark destination in downtown Miami.

With its initial TCO in hand, Miami World Tower 1 stands ready to welcome its first residents. This achievement underscores the commitment of Coastal Construction and Lalezarian to bringing a vision of modern, urban living to life in the heart of Miami. As Miami Worldcenter continues to grow, the addition of Miami World Tower 1 sets the stage for an exciting chapter in the city’s skyline and urban lifestyle.

Millennium Developments Signs Covenant for New 70-Story Brickell Tower-Calle 8

Millennium Developments is moving forward with plans for an impressive new 70-story tower in Brickell, Calle 8. In a significant step toward realizing this ambitious project, the developer has signed a covenant with Miami-Dade County. The agreement, officially recorded on November 4th, states that the tower will connect to the county’s water and sewer systems, which is required as a condition of the building permit.

The proposed tower is set to become one of Brickell’s tallest buildings, rising to 750 feet. The design envisions 464 residential units, offering a mix of luxury residences with stunning views of Miami’s skyline. Additionally, the project includes 75,736 square feet dedicated to either performing arts spaces or retail, bringing a blend of culture, commerce, and community to the heart of Brickell. The building will also provide ample parking, with 653 planned spaces, along with various amenities to enhance the lifestyle of future residents.

In August, Millennium Developments submitted an updated version of the proposal to Miami-Dade County as part of the ongoing zoning approval process. This proposal includes preliminary plans and renderings, shared for reference in the zoning phase, with a formal submission to follow as part of the site plan review.

BMA Architects is the architectural team behind the vision for this 70-story tower, adding their expertise to shape what is anticipated to be an iconic addition to the Miami skyline.

Millennium Developments’ latest project reflects Brickell’s growth as a hub for luxury living, arts, and entertainment. As zoning approval progresses, more details on the tower’s features and design will be revealed, shaping an exciting future for this high-rise in Brickell.

Surf Row Residences Launches Sales in Surfside

Nestled in the heart of Surfside, one of Miami’s most sought-after coastal neighborhoods, Surf Row Residences is setting a new benchmark for upscale, beachside living. Developed by LD&D, a prominent Miami-based real estate investment, development, and design firm, in collaboration with ONE Capital and IGEQ, this exclusive collection of 25 custom-designed condominiums harmonizes luxury with tranquility, only a block away from the ocean.

Located at 8800 Collins Avenue, Surf Row Residences brings to life reimagined living spaces tailored to the evolving needs of today’s discerning buyers. Residences will be starting at $1.4 million.

Surf Row Residences offers one- to three-bedroom floorplans ranging from 894 to 2,004 square feet, exemplifying refined coastal living. Each residence is thoughtfully designed, featuring spa-like bathrooms with elevated wet areas, freestanding bathtubs, rainfall showers, and custom vanities. Kitchens are equipped with Miele appliances, Dekton countertops, and built-in wine fridges, offering a harmonious blend of functionality and style. Buyers can choose from two custom design packages, each inspired by beach textures and hues, including large-format porcelain tiles in either coral-stone or sun-bleached wood finishes.

Select residences feature private rooftops, with options for enhancements such as plunge pools and summer kitchens, perfect for al fresco entertaining. To personalize their homes further, buyers can use InteriorSelect, LD&D’s design configurator.

Surf Row Residences provide an array of amenities tailored to relaxation, fitness, and convenience. The property boasts a Zen-inspired spa with a steam room, sauna, and hammam, a fully equipped fitness center, and a sunlit pool deck that encourages a balanced, healthy lifestyle. Residents also enjoy coworking spaces and beach-ready amenities, supported by elevated hospitality services, including a beach butler, 24-hour concierge, and optional housekeeping. For those with an active lifestyle, the nearby Surfside Tennis Center offers both private and group lessons.

Designed by Alfonso Jurado Architecture and Boris Pena Architects, Surf Row Residences seamlessly integrates modern design with nature. Drawing inspiration from Surfside’s coastal landscape and Miami’s rich cultural heritage, the residences feature expansive layouts, layered glass facades, and broad balconies that invite natural light and ocean breezes. Fluid lines echo waves, wings, and sand dunes, creating an organic aesthetic that exudes a serene, sophisticated ambiance.

“Our vision for Surf Row Residences was to capture the essence of coastal living, combining the area’s charm with a timeless yet contemporary design,” said Alejandro Bonet, managing partner of LD&D. “We’ve built a community that isn’t just about luxury but about creating a sense of place – one that embodies quiet distinction and prestige.”

Surfside, located just north of Miami Beach, is renowned for its unique mix of small-town charm and urban sophistication. With a slower pace, residents can enjoy premier shopping, dining, and entertainment, including Bal Harbour Shops and Haulover Beach Park. Blending historic Art Deco charm with contemporary architecture, Surfside offers a captivating coastal lifestyle for those who value both culture and tranquility.

With its thoughtful design, exceptional amenities, and ideal location, Surf Row Residences is poised to redefine luxury coastal living in Miami. For those seeking an effortless blend of sophistication and serenity, this new development is destined to become an iconic address in Surfside.

Santander Tower Set to Rise in Brickell – New Utility Agreement Finalized with Miami-Dade County

Santander Bank’s affiliate has taken a significant step forward with plans for its new development on Brickell Avenue. A recently finalized agreement with Miami-Dade County, dated October 11th, grants the bank the necessary utilities to power its ambitious tower project, dubbed Santander Tower. This high-rise is set to become a major addition to the Miami skyline, bringing a mixed-use tower with ample amenities and office spaces to the heart of Brickell.

According to documents, Santander Tower is designed as a high-rise complex that will stand 41 stories tall and reach a height of 765 feet. It will be designed by acclaimed architectural firms Handel Architects and Bernardi & Peschard Arquitectura, merging innovative design with functionality to create a seamless addition to Brickell’s ever-growing skyline.

Here’s what the building is set to include:

Santander Tower is expected to offer a blend of work, retail, dining, and wellness spaces, catering to the needs of both local professionals and residents. Brickell Avenue remains one of Miami’s most sought-after locations, and this project will add substantial value to the area’s urban landscape, supporting continued growth and development in Miami’s financial district.

New 600-Unit Apartment Development Planned at Pullman Miami Airport Hotel Site

London + Regional Properties, operating through its subsidiary LR Miami Airport Hotel, LLC, recently submitted an Administrative Site Plan Review (ASPR) application to Miami-Dade County on October 24th, revealing plans for a new residential project at the Pullman Miami Airport Hotel site at 5800 Blue Lagoon Drive. This ambitious proposal includes two eight-story mixed-use buildings on the hotel’s current parking lot, bringing 600 new residential units to the area. The developer initially purchased this 10-acre property, which houses a 15-story hotel with 281 rooms, back in 2019.

The development envisions two distinct buildings, each housing approximately 300 units with sizes varying from 570 to 1,718 square feet, spanning studio, one-, two-, and three-bedroom layouts. Key features include three parking structures totaling 1,344 spaces, with 1,020 spaces allocated for the apartments and 324 reserved for hotel guests. Additionally, the parking facility closest to the hotel will incorporate 6,000 square feet of ground-floor retail space. Residents will also have access to two pool and clubhouse areas, measuring 6,200 and 4,900 square feet, respectively.

The east building will contain 319 units across its eight floors, with:

• 32 studio units averaging 578 sq. ft.
• 191 one-bedroom units averaging 803 sq. ft.
• 90 two-bedroom units averaging 1,093 sq. ft.
• 6 three-bedroom units averaging 1,380 sq. ft.

The total leasable area for this building is projected at 278,600 square feet. The parking plan includes 452 spaces, divided into ADA, van, and standard spots, with a consistent distribution of 30 to 42 units per floor featuring a variety of floor plans.

The west building will offer 281 units across eight floors, comprising:

• 32 studio units averaging 561 sq. ft.
• 151 one-bedroom units averaging 768 sq. ft.
• 98 two-bedroom units averaging 1,108 sq. ft.

The total leasable space here will cover 242,492 square feet, and parking will be available in the form of 420 spaces, including 8 ADA-accessible spaces, with no compact or tandem options.

An essential component of the ASPR application includes a request to adjust the site’s inclusion in the Blue Lagoon Development of Regional Impact (DRI) to align with the project’s goals. The developer is pursuing variances to amend zoning conditions, particularly regarding parking and setback regulations, to better accommodate the new residential structures. Designed as a transit-oriented development under the Miami-Dade County SMART Corridor Subzone guidelines, this project is strategically located within a quarter-mile of the East-West Corridor of the SMART Program.

London + Regional Properties has partnered with an experienced development team to execute this project:

• Architect: Bizi Arq, based in Palmetto Bay
• Civil Engineer: Hadonne
• Landscape Architect: Kimley-Horn
• Traffic Consultant: Traf Tech Engineering, Inc.

The project application further requests an exception to continue hotel operations during construction, emphasizing a smooth transition to accommodate both current and new uses.

This proposal, if approved, will transform the existing Pullman Miami Airport Hotel site into a modern mixed-use destination, enhancing residential options and bringing convenient transit and lifestyle amenities to Miami’s Blue Lagoon area.

Edgardo Defortuna of Fortune International Group and Shahab Karmely of Kar Properties Launch Faena Residences Miami

Miami’s skyline is set to welcome a stunning new addition as developers Edgardo Defortuna of Fortune International Group and Shahab Karmely of KAR Properties collaborate with Alan Faena to create the Faena District along the Miami River. This ambitious project includes the development of Faena Residences, a 440-unit luxury condominium development that promises to transform the area.

Located at 90 Southwest Third Street in Miami, the Faena Residences project will replace the previously planned One River Point. The two-tower development, connected by a striking sky bridge, was designed by the late renowned architect Rafael Viñoly. Construction is slated to begin in early 2026, with sales expected to launch later this year. Units will range in price from $1 million to over $4 million.

Fortune International Group joined KAR Properties as a co-developer in late 2022, bringing new energy to the project. According to Defortuna, the developers aim to be in full swing by Art Basel Miami Beach, one of the world’s premier art events. “We’ll be in full force by the time Art Basel rolls around,” he noted, underscoring the team’s enthusiasm for the development.

The Faena Residences will include an impressive 45,000-square-foot amenity space in the sky bridge, which will be designed and programmed by Faena himself. The space is set to feature a variety of wellness-focused facilities, all aimed at promoting longevity and well-being—a hallmark of Faena’s development ethos.

This project marks the second major South Florida real estate venture for Alan Faena, following the successful completion of the Faena District in Miami Beach, which includes Faena House, Faena Hotel, and Faena Forum. Backed by billionaire Len Blavatnik, the Faena District in Miami Beach has become synonymous with luxury, art, and world-class amenities. The new Faena Residences Miami looks to continue this legacy, offering a private park, wellness facilities, a marina, and public art installations as part of a larger three-block phased development along the river.

In late 2022, Fortune and KAR secured a $38 million loan from Bank OZK, a line of credit aimed at supporting the project’s sales and marketing efforts. The developers are optimistic about the future of the Faena District along the Miami River, confident that it will become a defining part of Miami’s growing luxury real estate market.

Karmely’s original vision for the 60-story towers, first revealed in 2014, included ambitious features like a three-story floating glass sky bridge and a 55th-floor members-only “Sky Club” with high-end amenities such as restaurants, a cigar lounge, and a screening room. Though the final plans have evolved, the Faena Residences Miami remains poised to offer a unique and exclusive living experience.

The Faena Residences Miami is just one of several developments that will reshape the Miami River area. A recent analysis by The Real Deal found that more than a dozen projects are in various stages of development along the river, with plans to add over 10,500 condo and apartment units. Notable among these is Related Group’s Baccarat, a 75-story, 355-unit tower set to rise at 99 Southeast Fifth Street on the south side of the river.

With its prime location, striking design, and emphasis on wellness, the Faena Residences Miami is set to become a landmark in the city’s evolving luxury real estate market.

Terra Partners with Jean-Georges Vongerichten for His First Residential Project: Jean-Georges Miami Tropic Residences

In an exciting new venture, Terra and co-developer Lion Development Group have announced the launch of sales for Jean-Georges Miami Tropic Residences, located at 3501 NE 1st Avenue in Miami’s vibrant Design District. This project marks the Michelin-starred chef Jean-Georges Vongerichten’s entry into the residential real estate sector, making it his first luxury residential offering. With architecture by Arquitectonica and interiors by renowned design studio Yabu Pushelberg, the 48-story tower will bring a mix of luxury living, world-class culinary experiences, and a bold design aesthetic to the heart of Miami. Sales will be exclusively handled by Douglas Elliman.

The Jean-Georges Miami Tropic Residences will offer 329 condominium residences along with 27,500 square feet of retail on the ground floor, featuring a blend of Jean-Georges’ popular restaurant concepts. Residents will enjoy unparalleled access to luxury dining with the building’s ground-floor restaurant, abc kitchens—a blend of abcV, abc cocina, and abc kitchen—delivering plant-forward and Latin-infused culinary experiences.

Beyond dining, the building offers an extraordinary array of over 41,000 square feet of indoor and outdoor amenities, including wellness spaces, entertainment rooms, and thoughtfully designed gathering areas. From a podcast recording studio to private dining rooms and chef’s kitchens, the building brings together hospitality-driven services with resort-style leisure options. The rooftop features an additional private dining room and bar, perfect for entertaining, while the outdoor pool with private cabanas, landscaped gardens, and an outdoor kitchen provides a luxurious setting for relaxation.

Designed by Yabu Pushelberg, the interiors are inspired by Miami’s lush tropical environment and the city’s vibrant cultural scene. The renowned design duo, who have a portfolio that includes Aman Residences in Tokyo and Edition Hotels globally, previously worked with Jean-Georges on The Fulton in New York. For Miami Tropic, their design integrates natural materials, shades of green, and sophisticated textures that balance the vibrancy of the Design District with the tranquility of tropical greenery.

Each residence features floor-to-ceiling windows, providing panoramic views and a seamless connection to the city. Two distinct kitchen designs reflect Miami’s natural beauty—“dawn” and “dusk”—with warm, inviting palettes crafted to enhance the culinary experience, a tribute to Jean-Georges’ own involvement in the design process.

The tower’s modern glass façade is punctuated by lush landscaping, creating a seamless transition between the natural and urban environments. The architecture, designed by Arquitectonica, is sustainably minded, achieving Florida Green Building Design Silver Certification. From bold structural design to eco-conscious details, Jean-Georges Miami Tropic Residences embodies both luxury and responsibility.

Situated in the heart of the Design District, residents will enjoy walkable access to Miami’s top luxury retail, art galleries, and cultural experiences. The district is home to renowned sculptures and architectural works, such as the Sol LeWitt Sculpture Garden and Fly’s Eye Dome, as well as cultural landmarks like the Institute of Contemporary Art. With Wynwood and Midtown just steps away, residents can immerse themselves in the vibrant lifestyle Miami is known for.

With sales officially launched, Jean-Georges Miami Tropic Residences promises to be one of the most coveted luxury residential offerings in Miami, delivering an unmatched blend of fine dining, wellness, and artful living in the heart of the city.

Naftali Group Reveals Exclusive JEM Sky Villas at Miami Worldcenter with FENDI Casa Interiors

Naftali Group has introduced two opulent penthouses, the JEM Sky Villas, featuring interiors by the world-renowned Italian luxury brand, FENDI Casa. These penthouses crown the 67-story JEM Private Residences, which rises more than 700 feet into the Miami skyline at 1016 Northeast 2nd Avenue in Miami Worldcenter. The building, designed by Arquitectonica and Rockwell Group, is an architectural masterpiece combining cutting-edge design with elevated living experiences.

The JEM Private Residences will offer residential units beginning from the 43rd floor to maximize the breathtaking panoramic views of Miami and Biscayne Bay. The 50th floor will house an impressive suite of high-end amenities, including a Sky Lounge, outdoor pool, fitness center, boxing arena, yoga patio, and a luxurious spa suite.

Chairman and CEO of Naftali Group, Miki Naftali, emphasized the significance of this partnership: “We are excited about this special collaboration with FENDI Casa on the JEM Sky Villas. We look forward to bringing this limited collection of residences to downtown Miami. The JEM Sky Villas signify the evolving landscape of upscale living in this dynamic city, with each villa showcasing FENDI Casa’s exceptional craftsmanship and meticulously designed furnishings at the crown of JEM Private Residences.”

These exclusive penthouses are designed with expansive floor plans ranging from 5,083 to 5,277 square feet. Each villa boasts four bedrooms, four and a half bathrooms, a private library, and a stunning wraparound terrace offering unparalleled views of Miami. One of the units will even feature a hot tub on the terrace, adding to the luxurious experience. FENDI Casa’s design approach centers on elegance, with each interior reflecting their commitment to craftsmanship and luxury, incorporating bespoke furniture and premium materials hand-selected for these residences.

Danielle Naftali, Executive Vice President of Marketing, Sales + Design for Naftali Group, spoke about the design journey: “Collaborating with FENDI Casa to design and curate each space at the JEM Sky Villas has been a remarkable experience of craftsmanship and creativity. Inspired by FENDI’s rich heritage in Rome, we hand-selected and custom-finished each piece to complement the lifestyle that these residences offer. Every detail has been chosen to create a harmonious blend of high-end design and refined living.”

Among the standout features of these penthouses are FENDI Casa’s signature pieces, including the Matrice bookcase and Metropolis coffee table, each reflecting geometric design elements inspired by FENDI’s Roman headquarters.

Alberto da Passano, CEO of FENDI Casa, highlighted the importance of the collaboration: “This partnership represents a significant milestone for FENDI Casa in the realm of interior design. As luxury projects gain prominence globally, we are excited to contribute to this prestigious development and continue our expansion into high-end markets.”

With completion set for Q4 2027, units will be priced from $8 million and marketed exclusively by OneWorld Properties, marking these JEM Sky Villas as one of the most coveted residential addresses in Miami.

Cove Miami in Edgewater: Condo Reservations Converted to Contracts, Construction Set to Begin in 2025

Miami’s Edgewater neighborhood is poised to welcome a new architectural marvel: Cove Miami, a luxurious 40-story condominium tower that has officially converted reservations into contracts. The project, which has attracted significant attention from buyers, is set to begin construction in the first quarter of 2025, according to a recent announcement from its developers. This milestone marks a pivotal moment in the development, as plans become a reality and the future of Edgewater’s skyline takes another step forward.

The development of Cove Miami has generated buzz from the outset, and the transition from reservations to contracts only underscores the strong demand for this project. According to a press release, even before formalizing contracts, interest in the 134 planned condominium units was substantial. The reservation process allowed potential buyers to secure their spot in one of the most desirable new developments in the city.

This high level of demand speaks to the growing appeal of Edgewater as one of Miami’s most sought-after neighborhoods for luxury real estate. With its prime waterfront location, proximity to cultural hotspots like the Design District and Wynwood, and easy access to downtown Miami, Edgewater offers a unique blend of urban living and waterfront tranquility that continues to attract high-end buyers.

Cove Miami represents a significant project for its developers, SB Development and Hazelton Capital Group, both national firms based in New York. Although this is their first development in Miami, both companies bring a wealth of experience and a proven track record in creating high-end real estate projects across the country. Their move into the Miami market is a testament to the city’s rising status as a luxury real estate hub and their confidence in Edgewater’s potential as a top destination for discerning buyers.

For SB Development and Hazelton Capital Group, the decision to launch their first Miami project in Edgewater was a strategic one. The area’s waterfront setting and its rapidly growing reputation as a vibrant, upscale community made it the perfect location for a luxury development of this scale.

Ahead of the 2025 construction start, significant pre-development work has already been completed. The developers have overseen the demolition of previous structures on the site and completed the construction of a new seawall. This ensures that the project is on solid footing as it moves forward, and the site is fully prepared for the next stages of development.

The seawall construction is particularly noteworthy, as it reflects the developers’ commitment to creating a secure and sustainable waterfront property. Miami’s waterfront developments require meticulous attention to detail when it comes to resilience against rising sea levels and storm surges, and the team behind Cove Miami is ensuring that these concerns are addressed from the outset.

Cove Miami is more than just a new residential tower; it’s a part of Edgewater’s transformation into a prime destination for luxury living. With the influx of high-end developments, Edgewater is becoming a premier choice for those seeking a blend of waterfront living, urban convenience, and Miami’s distinctive lifestyle. Cove Miami, with its elegant design, upscale amenities, and coveted location, is set to become one of the standout additions to the neighborhood.

As construction gets underway in early 2025, prospective buyers and real estate enthusiasts alike will be closely watching the progress of this project. The conversion of reservations into contracts is a clear sign that the market is eager for what Cove Miami has to offer, and its completion will undoubtedly add another jewel to Edgewater’s increasingly luxurious skyline.

As the project moves into its next phase, buyers and investors are anticipating further updates on Cove Miami’s features, amenities, and design details. The developers are expected to reveal more specifics in the coming months, but based on its waterfront location and luxury branding, residents can expect high-end finishes, cutting-edge amenities, and a lifestyle that fully embraces Miami’s indoor-outdoor living ethos.

In the meantime, the team behind Cove Miami is working diligently to finalize all aspects of the development as they prepare to break ground in 2025.