Miami’s Retail Market Heats Up with Record-Breaking Sale at The Rider Residences
Miami’s dynamic Midtown-Wynwood corridor continues to attract significant real estate investments, with developers Rilea Group and Ciprés closing on a $2.4 million retail space sale at The Rider Residences. The 1,704-square-foot space, located at 94 NE 29th Street, sold for $407 per square foot, making it the second-highest retail sale price per square foot in the area. This follows The Rider’s own record-breaking sale of a 702-square-foot space for $1.19 million at an astonishing $1,700 per square foot.
The transaction underscores the continued demand for commercial space in the rapidly expanding Midtown-Wynwood corridor. This surge is further bolstered by Amazon’s upcoming expansion into Wynwood, a move that is expected to drive even more business activity and foot traffic to the area. The Rider Residences, designed by Deforma Studio, is strategically positioned to benefit from this growth, offering connectivity to Miami’s transit network with a planned metro stop nearby and easy access to I-95.
The Rider Residences is a 12-story condominium featuring 146 fully furnished units ranging from studios to three-bedroom residences. Designed with style, functionality, and smart home technology in mind, the development provides a flexible ownership model with no rental restrictions, appealing to investors and residents alike. Situated within walking distance of Miami’s top restaurants, retail stores, and entertainment venues, The Rider Residences promises convenience and an urban lifestyle tailored for today’s buyers.
According to the Wynwood Business Improvement District, the neighborhood continues to attract major businesses and investment, drawing 15 million visitors annually. Once an industrial warehouse district, Wynwood has transformed into a thriving hub for art, dining, retail, and technology, making it a prime location for entrepreneurs and established corporations. With ongoing retail and office leases being signed, the district remains one of Miami’s most active and sought-after real estate markets.
The recent record-breaking sales at The Rider Residences reaffirm Wynwood’s position as a hotspot for both residential and commercial investments. As Miami’s urban landscape continues to evolve, developments like The Rider Residences are poised to redefine the city’s real estate scene, offering unparalleled opportunities for investors and residents alike.
Isle of Dreams: 39-Story Mixed-Use Tower Moves Forward with Shoreline Review Application in North Bay Village
A significant milestone has been reached for the highly anticipated Isle of Dreams, as a shoreline development review application has been officially submitted. This 39-story mixed-use tower, planned for 1400 79th Street Causeway in North Bay Village, is being developed by Sunbeam 1400, LLC, an affiliate of Sunbeam Properties led by Andrew Ansin. Designed by the renowned architectural firm Arquitectonica, the tower marks the inaugural phase of the Sunbeam NBV Special Area Plan (SAP), a master-planned development spanning 13 acres. Initially approved in 2022, this expansive project will bring residential, office, retail, and hotel components to the area while enhancing public access to Biscayne Bay.
Set to rise approximately 450 feet (466 feet above sea level), the Isle of Dreams will feature 246 residential units, restaurant space, and a publicly accessible waterfront promenade. As part of the broader Island Walk initiative, the development incorporates an 18-foot-wide public easement along the shoreline, complete with a pedestrian walkway made of Ipe decking, native landscaping, and inviting seating areas. The tower’s stepped massing is intentionally designed to preserve open view corridors, preventing the “walled-off” effect often associated with waterfront developments.
Sunbeam Properties is seeking several exceptions to Miami-Dade County Code shoreline development requirements, arguing that these modifications will enhance public access while maintaining the integrity of the Sunbeam SAP’s vision.
- Shoreline Setback: The county mandates a 75-foot setback for structures of this height. The Sunbeam SAP permits a 25-foot setback, but Isle of Dreams proposes 35 feet. To offset this adjustment, Sunbeam will establish a public easement ensuring the permanent maintenance of the Island Walk.
- Visual Corridors: County code requires a 20% lot width unimpeded visual corridor, translating to a 57-foot-wide opening. Isle of Dreams exceeds this, providing a 68-foot-wide visual corridor, though a one-story café structure within this space requires an exception.
- Side Setbacks: While county regulations stipulate 25-foot side setbacks, the proposal varies: 29-39 feet along 79th Street Causeway, 67-68 feet along the southern property line, and 13 feet along Adventure Avenue. Due to the site’s irregular shape and dual frontages, an exception is being sought.
Sunbeam argues that these exceptions align with the Sunbeam SAP’s objectives, ultimately enhancing the public realm by improving waterfront access and pedestrian connectivity. The design prioritizes open spaces and public amenities, ensuring that Isle of Dreams integrates seamlessly into the community while offering unobstructed views of Biscayne Bay.
As part of the standard shoreline development approval process, Miami-Dade County will now review the application. If approved, Isle of Dreams will play a transformative role in North Bay Village’s future, redefining the area’s skyline and waterfront experience.
Luxury Car Condos Launched by DuPont REGISTRY Group Partners and Fortune International
The world of luxury real estate and high-end automobiles is about to witness a groundbreaking fusion as DuPont REGISTRY Group teams up with Fortune International Group and Pininfarina to introduce an architectural masterpiece in Miami—DuPont REGISTRY Tower designed by Pininfarina.
DuPont REGISTRY Group, a leader in the luxury automotive ecosystem, has joined forces with Fortune International Group, renowned for developing over 30 remarkable buildings, and Pininfarina, the legendary Italian design house responsible for some of the most iconic automotive masterpieces. Together, they are redefining high-end real estate with a first-of-its-kind tower catering exclusively to elite car collectors.
Situated in Miami’s Magic City Innovation District, near the Miami Design District and Miami Beach, DuPont REGISTRY Tower will offer an exclusive membership-based experience for passionate car collectors. The invitation-only club will feature premier spaces for members to showcase their prized collections, conduct business in state-of-the-art private offices, and indulge in luxury amenities, including a fine dining restaurant and an upscale spa.
“At Fortune International Group, we are committed to creating exceptional real estate developments that redefine luxury living and innovation,” said Edgardo Defortuna, President and CEO of Fortune International Group. “The duPont REGISTRY Tower is a perfect embodiment of this vision—an architectural masterpiece that seamlessly blends high-end automotive culture with world-class design and functionality.”
The tower will also house premium office spaces tailored to businesses within the luxury and automotive sectors, offering an unparalleled work environment that seamlessly integrates business with lifestyle.
“DuPont REGISTRY has always been at the forefront of automotive luxury, and this project represents the next evolution of our brand,” said Antoine Tessier, CEO of DuPont REGISTRY Group. “With Pininfarina’s world-renowned design expertise and Fortune International Group’s real estate leadership, we are creating a destination that embodies the fusion of art, engineering, and lifestyle.”
More than just a building, the DuPont REGISTRY Tower, with DB Lewis as the architect of record, is set to be a community—a place where the passion for automobiles meets avant-garde design and sophisticated living.
“At Pininfarina, we have always believed that great design is about more than aesthetics—it’s about emotion, innovation, and a seamless fusion of form and function,” said Paolo Trevisan, Vice President of Design at Pininfarina of America.
With its cutting-edge architecture, world-class amenities, and exclusive community, the DuPont REGISTRY Tower is poised to become the ultimate destination for luxury car collectors and connoisseurs. Miami is once again proving to be the epicenter of innovation, design, and unparalleled luxury experiences.
Master Permit Secured for The Residences at 1428 Brickell
The Residences at 1428 Brickell, a highly anticipated 70-story, 195-unit residential tower in the heart of Brickell, has officially secured its master permit approval. Developed by Ytech and led by CEO Yamal Yidios, this milestone ensures that construction can proceed seamlessly without interruption, allowing the project to rise efficiently into the Miami skyline.
Recent aerial images provided by Ytech highlight significant site activity, with excavation and foundation preparations in full swing. Heavy machinery, drilling rigs, and construction crews are actively working across the site, marking steady progress toward vertical construction. The images showcase extensive groundwork, including piling operations and site grading, underscoring the project’s forward momentum.
Designed by ACPV Architects in collaboration with Arquitectonica, The Residences at 1428 Brickell is being positioned as a groundbreaking development in sustainability. The tower will feature a “Solar Backbone” consisting of 500 photovoltaic-integrated windows spanning nearly 20,000 square feet along the west-facing façade. This innovative system is set to generate 175,000 kWh of clean energy annually, reducing CO₂ emissions by 4,700 tons and offsetting 3,000 barrels of oil each year. This pioneering approach establishes a new standard for eco-conscious luxury living in Miami.
The Residences at 1428 Brickell will offer an exclusive collection of homes ranging from two- to four-bedroom layouts, spanning between 1,800 and 4,000 square feet. Pricing starts at $3 million and extends up to $7 million for premium units. Select residences will feature two-story floor plans, providing expansive living spaces with breathtaking views of the city and Biscayne Bay.
At the pinnacle of the tower, a $60 million penthouse will offer an unparalleled living experience with seven bedrooms, nine bathrooms, soaring 30-foot ceilings, and two vast terraces. Additional penthouses, starting at $8 million, will range up to 10,000 square feet, catering to ultra-luxury buyers seeking grand, sky-high retreats.
The top three floors of the building, positioned 850 feet above Brickell, will be dedicated to over 80,000 square feet of world-class amenities. Residents will have access to three pools, including an exclusive rooftop pool at the crown of the tower, a state-of-the-art 10,000-square-foot fitness center, and a two-story wine and art lounge. Additional features include:
- A private dining room with a custom Vaselli kitchen
- A juice and wellness bar
- An immersive spa with personalized treatments
- Office suites and a dedicated children’s recreation center
- Fully furnished guest suites
- Wellness offerings such as aquatic therapy, personal training, and holistic spa treatments
Designed as a resident-only, private, and gated community, The Residences at 1428 Brickell will offer personalized services to elevate everyday living. Each home will be assigned an estate manager to handle housekeeping, pet care, in-unit deliveries, and other lifestyle services. A grand porte-cochère will provide 24/7 valet, porter, and security services, ensuring a seamless arrival experience. Additionally, the exclusive Owner’s Club will offer curated food and beverage service, an on-site sommelier, and event planning assistance for private gatherings.
With its cutting-edge sustainable features, ultra-luxury residences, and curated lifestyle offerings, The Residences at 1428 Brickell is set to become a defining architectural landmark in Miami’s luxury real estate market. Now that the master permit has been secured, the project is poised for rapid progress, bringing this visionary development closer to reality.
The Residences at Shell Bay Break Ground on Construction
A new chapter in South Florida luxury living has begun as Witkoff Group and PPG Development officially break ground on The Residences at Shell Bay. Following the successful securing of a $273 million construction loan, this eagerly awaited luxury condominium is set to redefine exclusive living within a 150-acre Mediterranean-inspired enclave.
Designed by renowned architect Kobi Karp, The Residences at Shell Bay seamlessly blend modern sophistication with the world-class amenities of The Shell Bay Club. With only 108 residences, this development offers a rare opportunity to live at South Florida’s premier private resort destination, where residents will enjoy the unparalleled service of the Auberge Resorts Collection.
According to Alex Witkoff, Co-Chief Executive Officer of Witkoff Group, “Breaking ground on Shell Bay is a monumental moment for us. We are not just creating a place to live, but a legacy of luxury and privacy. This development sets a new standard for what it means to live in South Florida, combining world-class features and an unmatched lifestyle.”
Even before construction is complete, buyers at The Residences at Shell Bay will enjoy immediate access to one of South Florida’s most prestigious golf and leisure experiences. The Shell Bay Club is home to:
- A Championship Golf Course designed by World Golf Hall of Famer Greg Norman
- A 12-acre practice facility with a nine-hole par-3 course
- A state-of-the-art Racquet Club featuring all four Grand Slam surfaces, plus pickleball and padel courts
- Additional lifestyle offerings including basketball courts, batting cages, and a children’s discovery playground
“Shell Bay represents the pinnacle of private club living, offering unparalleled experiences in a serene and sophisticated environment,” said Ari Pearl, Founder and President of PPG Development. “With partners like Auberge, Kobi Karp, and AvroKO, we are creating residences with unprecedented views of the water and fairways, and a design that is meant to transport owners to their dream oasis.”
Offering one- to four-bedroom floor plans, The Residences at Shell Bay are designed to embrace indoor-outdoor living with expansive open-concept layouts. These homes will overlook the Championship Golf Course and the Intracoastal Waterway, offering breathtaking views alongside an elevated lifestyle.
Residents will enjoy private, resident-only amenities, complementing those available within The Shell Bay Club and the future 60-key Auberge hotel and spa. Some of the exclusive perks include:
- Michelin-starred dining by Chef Julien Jouhannaud
- In-residence dining & house sommelier services
- Resort-style swimming pool
- Full-service medical day spa
- Fitness center with indoor and outdoor personal training spaces
Adding to its unparalleled appeal, Shell Bay will introduce a 48-slip private marina directly accessible to the Intracoastal Waterway, expected to open in 2027. Future plans also include a private members’ clubhouse with a state-of-the-art indoor-outdoor wellness spa, elevated event spaces, and gourmet dining venues.
With pricing starting at $2 million, The Residences at Shell Bay offer a unique blend of privacy, luxury, and exclusivity. As construction progresses toward its anticipated 2027 completion, The Residences at Shell Bay continue to capture the attention of discerning buyers seeking the ultimate in South Florida luxury living.
FAA Filing Submitted For 831-Foot Tower in Downtown Miami
A new skyscraper could soon redefine Miami’s skyline. A filing submitted to the Federal Aviation Administration on February 3rd requests approval for a tower soaring 831 feet above ground (or 840 feet above sea level) in Downtown Miami.
The site coordinates included in the filing appear to align with the Clear Residences property, a planned luxury development that has been making its way through the approval process.
In May 2024, the Miami Urban Development Review Board (UDRB) voted unanimously to recommend approval of Clear Residences without conditions. At the time, the project was presented as a 60-story tower, rising 690 feet above ground with:
- 544 residential units
- 3,680 square feet of commercial space
- 157 parking spaces across five levels
The developer listed in the UDRB filing was Blutrich Holdings Inc., further suggesting that the FAA filing could be linked to a height increase for Clear Residences.
If approved, this latest filing would push the limits of Miami’s vertical growth, joining a wave of new high-rise developments seeking to maximize height in the city’s urban core. As demand for luxury residences continues to rise, developers are increasingly looking to the sky.
The FAA review process will determine whether the proposed height is viable in relation to airspace restrictions. If cleared, this tower could become one of Miami’s tallest and most prominent new structures.
Introducing The James Hotel & Residences Downtown Miami
Sonesta International Hotels Corporation has officially announced plans to bring an extraordinary new landmark to Downtown Miami—The James Hotel & Residences. This ambitious project, executed in partnership with Mint Developers and AD1 Hospitality, will reshape Miami’s skyline with an awe-inspiring 82-story supertall tower, boasting an estimated development cost of $850 million.
According to a press release from AD1 Hospitality, The James Hotel & Residences will claim the title of the tallest building in Miami, offering unparalleled views of the vibrant cityscape and the sparkling waters of Biscayne Bay. This architectural marvel will not only redefine Miami’s skyline but also set new standards in luxury living and hospitality.
The James Hotel & Residences will feature approximately 336 fully furnished and exquisitely decorated residences, reflecting the sophistication and energy synonymous with Miami. Sales for these premier units are slated to begin in Q2 2025, offering future residents a chance to secure their place in one of the city’s most prestigious addresses.
Designed to cater to the most discerning tastes, the development will include a four-story private club, an oasis of exclusivity and luxury. Among the standout amenities are innovative snow and rain rooms, providing unique, immersive wellness experiences rarely found in residential developments.
For culinary enthusiasts and socialites, The James will also be home to the highest elevation luxury bar and restaurant in the Americas, offering breathtaking panoramic views and an unparalleled dining atmosphere.
Groundbreaking for The James Hotel & Residences is scheduled for Q1 2026, with an anticipated grand opening in January 2028.
Daniel Berman of Mint Developers expressed his enthusiasm about the project, stating, “We are excited to collaborate with Sonesta on The James Hotel & Residences Downtown Miami, a development that embodies the vibrancy and sophistication of Miami.”
Miami Freedom Park: A Visionary Urban Development in Progress
Miami Freedom Park is rapidly taking shape as a transformative mixed-use development poised to redefine urban living in Miami. Designed by renowned master-planner Arquitectonica, the ambitious 130-acre project is being constructed on the site of a former public golf course and is intended to serve as a model for integrated, sustainable city planning.
According to Arquitectonica, the master plan harmonizes green spaces, cutting-edge design, and dynamic public amenities to create a vibrant community hub that will benefit Miami for generations to come. The development seamlessly blends civic, recreational, and commercial elements, offering a multifaceted environment catering to diverse urban needs.
At the heart of Miami Freedom Park, the highly anticipated stadium for Inter Miami CF is already rising from the ground. This 25,000-seat sporting facility will serve as the focal point of the development, solidifying Miami’s reputation as a premier destination for soccer enthusiasts and furthering the city’s stature in the global sports arena.
In addition to the stadium, Miami Freedom Park will include:
- 360,000 square feet dedicated to full-service restaurants
- 240,000 square feet of retail space
- 750 hotel rooms to accommodate visitors and residents
- 400,000 square feet of office space, fostering a dynamic business environment
- A public park equipped with restroom facilities and a capacity for 500 persons
- Multiple structured parking garages to support the anticipated influx of visitors and residents
Earlier this month, construction commenced on an eight-story, 382,592-square-foot office building, which will function as a City of Miami Administrative Building. This addition underscores the development’s role in enhancing municipal operations while contributing to the area’s overall economic vitality.
With a robust infrastructure plan and a thoughtfully designed layout, Miami Freedom Park is set to become a landmark of modern urban development. By integrating innovative architectural principles with community-centric spaces, this project aims to deliver a premier destination that embodies the future of Miami’s metropolitan evolution.
The Brickell Starlite: A New 39-Story Residential Tower Coming to Miami
A major new development is set to transform Miami’s Brickell neighborhood with the arrival of The Brickell Starlite, a 39-story residential tower planned for 128 Southwest 7th St., Miami, FL, 33130. This ambitious project, which has just received approval from county officials, is set to bring a mix of luxury housing, commercial space, and top-tier amenities to the heart of Miami-Dade County.
Florida YIMBY recently reported that The Brickell Starlite has been given the green light to proceed. The 697,913-square-foot tower will feature 517 Class A residential units, offering a range of floorplans from studio to three-bedroom layouts. Designed with modern renters in mind, the development will include high-end amenities such as fitness centers, rooftop swimming pools, and co-working spaces, catering to professionals and urban dwellers seeking convenience and luxury.
The new development replaces the Starlite Motel, a property originally built in 1995. The site was acquired in 2022 by Chicago-based Focus and Fox Group in a joint venture for $28 million. This marks a significant shift for the area, as the former motel, which last traded for $24.8 million in 2014, is set to make way for a high-rise residential experience tailored to the evolving needs of Miami’s population.
In addition to its residential offerings, The Brickell Starlite will incorporate 500 parking spaces and 7,500 square feet of ground-floor commercial space. This integration of residential and retail components aims to enhance the urban lifestyle by offering dining, shopping, and services within walking distance.
Construction is expected to commence in the second quarter of 2025, with completion projected for 2028. The venture is poised to elevate the skyline of Brickell, reinforcing the neighborhood’s reputation as Miami’s premier financial and residential district.
San Francisco-based Gensler is spearheading the architectural design of The Brickell Starlite. The globally recognized firm has previously worked on Residences at The Wynwood Plaza, a 509-unit luxury project in Miami’s Wynwood Arts District, which topped off in February 2024. With their expertise, The Brickell Starlite is expected to showcase a sleek, contemporary design that seamlessly integrates with the dynamic urban landscape of Brickell.
