$25M Loan Fuels Launch of Continuum Club & Residences in North Bay Village

Continuum Company, a prominent real estate development firm with offices in New York City and Miami, has closed on a $25 million pre-development loan to advance the Continuum Club & Residences, a planned 32-story luxury condominium tower rising at 1755 John F. Kennedy Causeway in North Bay Village, Florida. The financing, provided by Benmark Capital—a vertically integrated real estate private equity and debt investment firm—marks a major milestone for the highly anticipated waterfront project, which has already secured contracts for 50% of its 198 luxury units.

The loan will be used to support site preparation and pre-construction activities, enabling Continuum to maintain momentum as the North Bay Village area undergoes a major revitalization. Developed in partnership with Aksoy Holdings, the project is Continuum Company’s second Miami venture, following its iconic Continuum South Beach.

Joe Moser, Director at Benmark Capital, added, “Continuum Club & Residences is exceptionally well-positioned to benefit from the significant investment and infrastructure improvements underway in North Bay Village. We are proud to play a role in bringing this transformative project to fruition and to continue expanding our footprint in the Miami market.”

Designed by renowned architecture firm Arquitectonica, with interiors by Durukan Design and landscape architecture by Martha Schwartz Partners, the development will offer over 60,000 square feet of lifestyle amenities. Planned features include multiple resort-style pools, a waterfront fitness center and spa, curated dining venues, a private marina, and an extensive suite of wellness-focused services. The project officially broke ground in March 2025, with completion targeted for early 2028.

“Securing this pre-development loan from Benmark Capital is a testament to the strength of our vision for Continuum Club & Residences and the confidence in our team’s ability to deliver exceptional value,” said Ian Bruce Eichner, Chairman and CEO of Continuum Company. “The tremendous support from our financial partners underscores the unprecedented demand for luxury waterfront living in Miami’s emerging neighborhoods. This financing will enable us to maintain our momentum as we transform North Bay Village into Miami’s next premier destination.”

As development accelerates, Continuum Club & Residences is poised to redefine luxury living in North Bay Village, offering a rare combination of prime waterfront access, elevated design, and exclusive lifestyle offerings in one of Miami’s most dynamic growth corridors.

Una Residences Nears Completion in Brickell with Deepest Underground Garage in Miami

Construction continues at Una Residences, a striking 47-story tower rising along the waterfront in the southern end of Brickell. Designed by world-renowned architectural firm Adrian Smith + Gordon Gill, the 579-foot tower has already topped off and is quickly taking shape as one of the tallest residential buildings in the area.

Developed by OKO Group and Cain International, Una Residences will offer approximately 135 ultra-luxury condominiums with sweeping views of Biscayne Bay. The building is not only distinguished by its sail-inspired silhouette and modern design but also by its engineering feat—a record-setting underground garage. Construction began in the fall of 2020, with crews excavating to nearly 50 feet below sea level to build what is now Miami’s deepest and most expensive subterranean parking structure, accommodating 236 vehicles across three levels.

In addition to its luxury residences and world-class amenities, Una will contribute to the neighborhood’s pedestrian experience with a planned public baywalk situated behind the property, enhancing access to the waterfront for residents and visitors alike.

As vertical construction nears completion, Una Residences is poised to deliver a bold architectural statement and elevated lifestyle experience to one of Miami’s most desirable neighborhoods.

Key Biscayne’s Next Icon: Boutique Condo by Terra and Fortune

In a landmark deal that signals a new era of upscale island living, Terra and Fortune International Group have announced their joint acquisition of the former Silver Sands Beach Resort property in Key Biscayne for $205 million. The two powerhouses of South Florida luxury real estate plan to transform the site—located at 301 Ocean Drive—into a 56-residence ultra-luxury boutique condominium. Poised to become the most climate-resilient property on the island, the project will embrace sustainable design and community-focused investments, with construction expected to begin in late 2026.

Key Biscayne, long celebrated for its safe streets, strong sense of community, and vibrant cultural identity, serves as an ideal setting for a development that blends luxury with responsibility. Designed by the award-winning Touzet Studio in collaboration with renowned landscape architect Raymond Jungles, the development draws inspiration from Key Biscayne’s architectural roots and the historic Stiltsville homes off Biscayne Bay. The tropical modern design will appear to float above a vibrant native landscape, rich with climate-appropriate plantings.

The property will also integrate forward-thinking environmental features, such as rain gardens, bioswales, and an underground cistern system—all designed to prevent water runoff and support stormwater retention. These elements ensure the property sets a new standard for climate-resilient design on the island.

The boutique condominium will offer just 56 spacious residences with sweeping views of the Atlantic Ocean. Residents will enjoy an amenity-rich lifestyle that includes a signature fine dining restaurant, two resort-style pools, a fitness center and spa, and thoughtfully curated social spaces that cater to both privacy and community.

Beyond luxury and sustainability, the development team is committed to enhancing local infrastructure. Planned investments include improvements to traffic flow, upgrades to the Village’s drainage systems, and financial contributions to Key Biscayne’s Land Acquisition Trust—funding enhancements to public parks and green spaces. The project is also expected to generate substantial economic benefits, including increased property tax revenues that will strengthen the Village’s long-term financial outlook.

Both Terra and Fortune bring extensive experience and prestige to the project. Terra’s portfolio includes acclaimed developments such as Five Park Miami Beach, Mr. C Residences Coconut Grove, and Villa Miami. Meanwhile, Fortune is known for iconic projects like Jade Signature, The Ritz-Carlton Residences Sunny Isles Beach, and ORA by Casa Tua.

As the island community of Key Biscayne continues to evolve, this new development promises to embody the very best of refined coastal living—where architectural elegance meets environmental stewardship and deep-rooted community values.

Construction Update for 2900 Terrace Edgewater

Progress continues at the future site of 2900 Terrace in Edgewater, where a dewatering application was officially filed yesterday—marking another step forward for one of the neighborhood’s most highly anticipated developments.

Planned as a 38-story luxury rental tower, 2900 Terrace is being developed by Oak Row Equities and LNDMRK Development. The project will bring 324 oversized apartment residences to the area, with layouts designed to prioritize space and functionality. Expect large walk-in closets, expansive great rooms, and for most units, the addition of a study or den—ideal for today’s work-from-home or hybrid lifestyles.

Beyond residential offerings, the project will also incorporate 8,000 square feet of full-service restaurant space, 8,000 square feet of retail, and over 500 parking spaces, adding to the vibrancy and convenience of the Edgewater corridor.

A number of permits are currently under review with the City of Miami’s Building Department, including applications for site work, tree removal, and a master construction permit.

As the site begins to prepare for vertical development, 2900 Terrace is poised to add another striking silhouette to the Edgewater skyline—bringing with it a thoughtfully designed mix of upscale residences and curated retail.

DAMAC International Begins Key Construction Phase at The Delmore, its Ultra-Luxury Oceanfront Debut in the U.S.

DAMAC International, the global real estate powerhouse known for redefining luxury living across the world, has reached a significant construction milestone at The Delmore — the brand’s highly anticipated, ultra-luxury boutique condominium in Surfside, Miami. This 12-story oceanfront development, designed by the legendary Zaha Hadid Architects, is DAMAC’s first residential venture in the United States and promises to be a one-of-a-kind architectural icon.

Following the full removal of the site’s existing basement structure, The Delmore is now entering a crucial phase in its foundation work — the deep-soil mixing (DSM) process. This cutting-edge technique, led by Keller North America, the world’s largest geotechnical contractor, reinforces and stabilizes the site’s soil, creating a watertight barrier essential for coastal construction.

“Through DSM, we are using the existing soil and not removing it – as traditionally done – which is much more environmentally sound,” shared Jeffery Rossely, Senior Vice President of Development at DAMAC International. “Every facet of The Delmore’s construction is designed to minimize impact on the land and the surrounding communities.”

DSM is especially well-suited for beachfront areas. Unlike traditional pile-driving methods, it is a vibration-free process that maintains the surrounding water table. Even more impressively, the technology monitors and evaluates the quality of the soil in real time, offering critical data throughout the process — a significant advantage for precision and long-term stability.

“With DSM you are measuring the soil mix strength while in the process, as you go, providing mounds of data to help ensure success,” said Michael Meneses, Branch Manager South Florida for Keller North America.

Located at 8777 Collins Avenue in the heart of Miami’s Billionaire’s Triangle, The Delmore is poised to set a new benchmark for luxury living. Each of the 37 flow-through residences will be true “mansions in the sky,” averaging more than 7,000 square feet. These homes will feature private elevator foyers, four- to five-bedroom layouts, and floor-to-ceiling views of the Atlantic Ocean, Biscayne Bay, and Miami skyline.

Designed with privacy and aesthetics in mind, The Delmore will showcase wraparound terraces that are staggered floor by floor, avoiding any vertical alignment. This stepped design not only enhances privacy and oceanfront immersion but also reduces the building’s visual impact from the beach. Sculptural, shell-shaped fins will adorn the façade, providing shade and added privacy between residences.

A flow-through canyon will split the building’s north and south wings, creating dramatic sky views and further enhancing the architectural brilliance of the project. Prices for the fully finished residences will begin at $15 million, with no more than two homes per floor.

The Delmore is more than just a home — it’s an exclusive lifestyle. Residents will be served by residential butlers and led by an on-site Residence Manager. A striking see-through pool suspended 125 feet above the ground will act as a visual centerpiece and a luxurious retreat. Over 55,000 square feet of world-class amenities will include:

• A rooftop deck with panoramic sunset and city views

• Indoor 75-foot lap pool

• Signature meditation garden

• State-of-the-art fitness center

• Full wellness suite

• Curated, Michelin-starred dining exclusively for residents and their guests

CLAD Landscape Architecture & Design, helmed by the internationally renowned Carolina Monteiro, will lead the project’s landscape design, ensuring a seamless integration with the surrounding coastal environment.

DAMAC International, led by founder Hussain Sajwani, brings decades of experience and a portfolio of more than 45,000 luxury residences worldwide to its first American project. From London to the Maldives, DAMAC developments are synonymous with craftsmanship, innovation, and prestige.

The Delmore is expected to be completed by 2029. With unmatched design, next-generation engineering, and a prime oceanfront address, this architectural masterpiece is already shaping up to be one of the most coveted residences in the U.S. real estate market.

Cipriani Family Unveils Plans for Exclusive Casa Cipriani Miami

The iconic Casa Cipriani brand is making its way to Miami Beach, as developers 13th Floor Investments and Midtown Equities unveil plans for an exclusive new tower set to redefine luxury on Collins Avenue.

The new project—Casa Cipriani Miami—will bring the internationally acclaimed brand to South Florida for the first time. Known for its refined hospitality and old-world elegance, Casa Cipriani currently operates celebrated locations in Milan and New York. The brand is helmed by the Cipriani family, whose storied legacy began with the opening of the legendary Harry’s Bar in Venice in 1931, now recognized as a National Landmark.

Casa Cipriani Miami is envisioned as a 17-story tower featuring a collection of 23 ultra-luxury residences, a 40-key all-suites hotel, and a private members club. Though pricing has not yet been finalized, residences are expected to start at approximately $25 million, signaling a new standard of exclusivity in the Miami Beach market.

Architect Brandon Haw, known for his elegant and contextual designs, is behind the vision for the tower. His modern interpretation of the 1930s-era Art Deco hotels that line Collins Avenue promises to deliver a building that honors Miami Beach’s architectural legacy while setting a bold new precedent. The tower is designed to become a new landmark, capturing the glamour and sophistication of a bygone era with a contemporary twist.

Sales are anticipated to launch later this year, with groundbreaking expected to follow shortly after. The project marks another high-profile collaboration between Midtown Equities and Cipriani, who previously partnered on the acclaimed Casa Cipriani New York.

Santander’s 40-Story Tower Begins to Take Shape on Brickell Avenue

Demolition activity is now visible at the prominent Brickell Avenue site where Santander Bank is preparing to develop a striking new addition to the Miami skyline.

The upcoming 40-story tower is set to rise 765 feet, bringing a bold architectural statement to the heart of Brickell. Designed by the renowned firms Handel Architects and Bernardi & Peschard Arquitectura, the tower promises a blend of modern sophistication and urban vibrancy.

Once completed, the project will deliver 612,918 square feet of Class A office space, positioning it as a premier business destination in one of Miami’s most dynamic neighborhoods. In addition, the development will feature 1,496 parking spaces, offering ample convenience for both office tenants and visitors.

Adding to its mixed-use appeal, the tower will include 107,953 square feet dedicated to food and beverage venues, along with a multi-level urban club, creating a lifestyle-driven experience that extends beyond the traditional office environment.

The tower’s ground level along Brickell Avenue will be activated with civic plazas, lush landscaping, and inviting outdoor seating, encouraging pedestrian engagement and contributing to the area’s walkability.

As the site continues its transformation, this new development is set to become a key landmark for Brickell, seamlessly blending work, dining, and social spaces in the city’s financial core.

Allen Morris Company Launches Sales and Office/Retail Leasing at Ziggurat Coconut Grove

A bold new chapter begins in Coconut Grove as the Allen Morris Company—one of the Southeast’s most prominent real estate firms—officially launches sales and office/retail leasing at Ziggurat Coconut Grove, a visionary mixed-use development designed to elevate the community while preserving its soul.

Located on a prime 1.7-acre parcel at 3101 Grand Avenue, where Grand Avenue meets Matilda Street and Florida Avenue, Ziggurat will introduce a seamless blend of luxury residences, modern office space, and curated retail—all infused with the rich spirit and history of the Grove.

Named after the ancient architectural wonders, Ziggurat promises to be a modern-day landmark for Coconut Grove. The project features:

• 100,000 square feet of Class-A office space across five stories
• 19 ultra-luxury residences housed in a boutique three-story condominium building
• 40,000 square feet of retail, activating the street level with shops, restaurants, and wellness concepts
• A rooftop restaurant boasting sweeping views of Biscayne Bay
• Lush paseos and a landscaped interior courtyard designed for community, connection, and calm

The residences range from 1,254 to over 5,000 square feet, with pricing beginning at $2.3 million. Interiors are being curated by Collarte Interiors, known for their refined and sophisticated design sensibility.

In a move that reflects the project’s deep respect for the neighborhood, the Espinosa family—owners of Grove Laundry & Cleaners since 1961—will partner on the development and return with a new outpost of their beloved business once construction is complete. Their long-standing ties to the Grove help root Ziggurat in the authentic fabric of the community.

“It was essential for us to ensure the project embodies the incomparable spirit of Coconut Grove,” said a representative of the Espinosa family. “We believe we’ve found the ideal partner in Allen Morris Co. to preserve and enhance the Grove’s uniqueness.”

Designed by Oppenheim Architecture, with lush landscape work led by Andres Arcila of Naturalficial, Ziggurat will mirror the natural beauty of the Grove through oolite stone cladding, native materials, and green-filled spaces. Every residence will overlook the revitalized Kirk Munroe Park, reinforcing a deep connection to nature and neighborhood.

“With Ziggurat, we are creating an architectural landmark that celebrates Coconut Grove’s rich heritage,” said Spencer Morris, President of the Allen Morris Company. “Each residence will reflect our commitment to building something truly exceptional and enduring for this community.”

“Ziggurat will set a new standard for luxury living in Coconut Grove,” added Daniel de la Vega, President of ONE Sotheby’s International Realty. “This is a rare opportunity to own a Chad Oppenheim-designed home in one of South Florida’s most walkable, vibrant neighborhoods.”

Additionally, the Allen Morris Company and the Espinosa family plan to partner with the City of Miami on improvements to Kirk Munroe Park and Fuller Street, enhancing the civic and pedestrian heart of Coconut Grove.

Summit Brickell Enters Construction Permitting Phase, 65-Story Tower Moving Forward

The highly anticipated 65-story Summit Brickell tower has officially entered the construction permitting phase, signaling a major step forward for the transformative project in Miami’s Brickell district.

A permit application was submitted to Miami-Dade County in late February, and review is now actively underway. Turner Construction has been named as the project’s general contractor, bringing their extensive high-rise experience to the development.

Miami-Dade’s zoning review for Summit Brickell was already completed late last year, clearing a key regulatory hurdle for the project.

Once complete, Summit Brickell will rise to a height of 750 feet, making it one of the tallest residential towers in the neighborhood. The building is set to include 505 residential units, 1,933 square feet of ground-floor retail space, and 500 parking spaces within an internalized garage—an efficient design that maintains a sleek, vertical profile.

The Federal Aviation Administration (FAA) has granted approvals for both the tower’s permanent height and a 989-foot temporary construction crane, allowing vertical construction to proceed without delay.

With permitting in progress and all major approvals secured, Summit Brickell is well on its way to reshaping the Brickell skyline.