Miami Dade’s Water and Sewer Department has recently agreed to provide utilities for additional units beyond what was initially planned for M-Tower, a 57-story residential building situated at 56 Southwest 1st Street in downtown Miami. This revision reflects a growing demand for residential space in the heart of Miami, and the project aligns with the city’s vision for urban development.
In early July, a revised utility agreement was recorded, now stating that the M-Tower development will encompass 765 apartments, 4,708 square feet of retail space, and 5,000 square feet for a full-service restaurant. This is a notable increase from the previously planned 675 apartments, adding 90 more units to the development.
This increase in density highlights the growing demand for residential spaces in downtown Miami. The city’s vision for urban development is further realized through such projects, encouraging more people to live in the city center and fostering a vibrant urban community.
M-Tower is being developed by Lions Group NYC and Fortis Design + Build, operating under Downtown 1st St LLC. The tower, designed by Nichols Architects, will rise 57 stories across the sites at 56 and 70 Southwest 1st Street, near Miami’s Government Center. The project also involves Naturalficial as the landscape architect and Kimley-Horn as the civil engineer.
A key feature of M-Tower is its public parking garage, which will offer nearly 700 spaces, alongside commercial and retail spaces at the ground floor level. The building’s design and amenities aim to enhance the overall streetscape and living experience for residents.
The residential units within M-Tower will offer a mix of studio, one-bedroom, and two-bedroom apartments. The ninth floor is set to host an array of amenities, including a landscaped outdoor deck featuring two pools. Additionally, the project will incorporate integrated art murals for the eight-story parking garage, selected by the Miami Parking Authority, adding a cultural touch to the structure.
The Federal Aviation Administration (FAA) approved permits for M-Tower in early July, allowing the building to reach 605 feet above ground or 615 feet above mean sea level. These permits, approved on July 2, 2024, are valid until January 1, 2026.
Total demolition permits have already been approved and issued for the sites at 56 and 70 Southwest 1st Street. The BG Group LLC is listed as the contractor for this demolition work, estimated to cost approximately $505,000. The site previously housed a 56-year-old municipal parking garage, which will be demolished to make way for the new development.
The expansion of M-Tower marks a significant step in addressing Miami’s growing residential needs. With its modern design, strategic location, and comprehensive amenities, M-Tower is set to become a landmark in downtown Miami’s urban landscape. This project not only caters to the increasing demand for residential units but also contributes to the city’s vision of a dynamic and integrated urban community.
Foundation Pour Completed for Mercedes Benz Places Miami
The foundation pour for the impressive 67-story Mercedes Benz Places Miami has been successfully completed, as announced by the developer on their social media account. This significant achievement sets the stage for the vertical construction, which is scheduled to commence in July.
The foundation pour took place in the last week, involving a colossal effort with over 10,000 cubic yards of concrete being transported to the site. This marks one of the largest concrete pours in the region, highlighting the scale and ambition of the project.
Mercedes Benz Places is not just another building; it is one of the largest developments currently under construction in Florida. The project spans an impressive 2.5 million square feet, making it a significant addition to the state’s skyline.
Upon completion, Mercedes Benz Places will feature 791 residential units, providing luxurious living spaces in the heart of the city. In addition to the residential units, the development will include office spaces, a hotel, retail outlets, and various amenity spaces, offering a comprehensive and vibrant community for its residents and visitors.
With the foundation pour now completed, all eyes are on the upcoming vertical construction phase set to begin in July. As the tower begins to rise, it will not only transform the skyline but also set new standards for mixed-use developments in the region.
Boasting 791 residences ranging from studios to three-bedroom condominiums, each unit offers panoramic views of Miami, Biscayne Bay, and the Atlantic Ocean. Beyond its residential offerings, the tower will feature 130,000 square feet of amenities and hospitality space, 200,000 square feet of office space, a 174-key hotel, retail outlets, and ample on-site parking.
What sets Mercedes-Benz Places apart is its commitment to innovation and sustainability. The project incorporates cutting-edge mobility solutions, including EV charging stations, valet parking, and bike-sharing programs, ensuring residents embrace a seamless urban lifestyle. Moreover, sustainability lies at the core of its design, with initiatives such as energy-efficient production and water conservation contributing to a greener, more eco-conscious community.
Introducing First & Fifth: A New Icon in Downtown Miami’s Skyline
Oak Row Equities has made a bold move in the heart of Downtown Miami with its recent acquisition of 49 Northwest 5th Street, heralding the dawn of First & Fifth, a visionary 45-story multifamily tower. This off-market purchase, secured for $38.5 million with seller financing, marks a significant step in the company’s commitment to shaping South Florida’s urban landscape.
Designed by ODP Architecture & Design, First & Fifth draws inspiration from Miami’s rich Venetian architecture of the early 20th century, blending historical charm with contemporary flair. The design features prominent arches reminiscent of the Doge Palace in Venice, creating a unique silhouette against Miami’s skyline.
The 700,000-square-foot tower will host 500 multifamily units, each offering high-end finishes and sweeping city views. Bright, airy spaces emphasize the open feel of urban living, tailored to meet the demands of modern residents seeking both luxury and convenience.
Situated strategically across from MiamiCentral Station, First & Fifth enjoys unparalleled connectivity as the central nexus for South Florida’s major train systems: Brightline, Metrorail, Tri-Rail, and Metromover. This prime location places residents within walking distance of Miami’s dynamic urban core, including Miami Dade College’s Wolfson Campus, the federal courthouse, and the Miami Heat’s arena.
Erik Rutter, Managing Partner at Oak Row Equities, articulates the project’s vision: “First & Fifth exemplifies our belief that proximity to transportation hubs is pivotal in shaping urban living choices in South Florida.” This sentiment is echoed by David Weitz, Managing Partner, who emphasizes the project’s culmination of foresight and collaboration.
First & Fifth not only enhances the skyline but also reflects Oak Row Equities’ dedication to transit-oriented development. This approach is central to their portfolio, which includes notable projects like The Oasis, Wynwood Plaza, and others strategically positioned near transit nodes to maximize connectivity across the region.
As Oak Row Equities prepares to introduce First & Fifth to the capital markets and prospective tenants, anticipation mounts for a new chapter in Miami’s urban evolution. With its blend of historical inspiration, modern design, and strategic location, First & Fifth promises to redefine urban living in Miami, offering a vibrant lifestyle where convenience meets luxury.
Stay tuned as First & Fifth rises to prominence, a testament to Miami’s growth and Oak Row Equities’ commitment to innovation in urban development.
Tower Near Arsht Center to Soar Higher Than Initially Planned
Miami’s skyline is about to undergo another transformation as plans for a new tower near the Arsht Center have been formally filed, revealing an increase in height beyond initial expectations. This development signals not only the city’s continued growth but also the adaptability and evolution of urban architectural projects.
According to recent filings submitted on June 6th to Miami-Dade officials for zoning approval, the tower is now slated to rise 30 stories above ground, reaching an impressive height of 353 feet. This significant increase surpasses the earlier projection of 27 stories, standing at 319 feet, as detailed in an April filing by the developer during a pre-application meeting request. The adjustment in height underscores the dynamic nature of construction projects and the iterative process of urban development.
Despite the upward revision in height, one aspect remains constant: the number of dwelling units. The tower is still planned to accommodate 283 units, maintaining its residential capacity as previously envisioned. This continuity ensures that the project retains its intended scale and functionality, providing housing options within the burgeoning cityscape.
Behind this ambitious venture is a dedicated team of professionals committed to bringing the vision to life. 14th Street Miami Investments, LLC spearheads the development, while RSP Architects of Miami lends their expertise as the architect responsible for crafting the tower’s design. The project’s engineering aspects, both civil and traffic, are entrusted to Kimley-Horn, ensuring the structural integrity and seamless integration with the surrounding urban infrastructure. Urban Robot contributes its landscape architectural prowess to enhance the green spaces surrounding the tower, while legal matters and land use intricacies are expertly navigated by Bercow Radell Fernandez Larkin + Tapanes. This collaborative effort underscores the interdisciplinary nature of modern urban development, where diverse skill sets converge to realize ambitious projects.
As plans for the tower near the Arsht Center take shape and surpass initial expectations in height, Miami’s skyline prepares for another striking addition. This development not only reflects the city’s ongoing evolution but also exemplifies the collaborative spirit driving urban innovation. With a dedicated team and meticulous planning, the tower is poised to become a prominent feature in Miami’s ever-changing landscape, contributing to its vibrant urban tapestry for generations to come.
Summit Brickell Development Secures FAA Approval, Moves Forward with Updated Plans
The highly anticipated mixed-use development, Summit Brickell is set to redefine the skyline of Miami’s Brickell neighborhood. Located at 1015 Southwest 1st Avenue, this ambitious project recently achieved a significant milestone by securing approval from the Federal Aviation Administration (FAA). With this approval, the development is poised to rise 765 feet above ground, reaching a total height of 769 feet above sea level at its highest point. Designed by Corwil Architects and developed by Lore Development Group—a joint venture between Brazilian billionaire Daniel Dantas’ Opportunity investment firm and Leste Group—Summit Brickell promises to bring a dynamic blend of residential and commercial spaces to the heart of Miami.
Filed on April 5 and swiftly approved on May 21, Summit Brickell is planned as a 60-story structure with a total floor area ratio (FAR) of 717,740 square feet. The updated plans for the tower to include:
500 residential units
1,583 square feet of commercial space
500 parking spaces
Documents recently filed with Miami-Dade County in April provided updated renderings and plans for Summit Brickell. One of the notable changes is the reduction of the proposed structure from 69 to 60 stories. The updated plans also indicate the elevator bulkhead will now rise to 750 feet, significantly lower than the initially planned 843 feet, falling well within the heights approved by the FAA.
Summit Brickell is currently under review by Miami-Dade County planners as part of its Rapid Transit zoning plan, allowing it to bypass city review. However, a construction permit for the project has not yet been filed with the county.
The project’s material board highlights the variety of architectural features and elements that contribute to the overall design and aesthetic of the structure. Key features include:
Fine sand stucco/textured finish used throughout the elevations
Horizontal concrete pours/sculpted to exterior walls
Impact-resistant guardrail systems
Sliding glass doors with impact-resistant aluminum frame and glass
Fixed-lite, clear safety glass and impact-resistant guardrail system on balcony rails
Additionally, the building will feature:
Impact-resistant glass doors
Storm-resistant mesh screens
Parking garage breezeway
Perforated aluminum garage system panels
Decorative metal claddings
Aluminum sunshade systems
Summit Brickell will offer various unit types from the 14th through the 58th floor, including studios, one-bedroom, two-bedroom, and three-bedroom floor plans ranging from 500 to 1,418 square feet. The penthouse units on the 59th floor will range from 1,288 to 2,618 square feet. Residents will enjoy amenities on both the 13th floor and the 60th-floor rooftop. The parking garage is designed to occupy floors 2 through 12, ensuring ample space for residents and visitors.
While it remains unclear when the developer plans to break ground on the project, it is still navigating through the approval process, and no permits have been submitted as of May. Initially, groundbreaking for the project was tentatively scheduled for June 2024, with completion expected by summer 2027. However, given the current status, a groundbreaking towards the end of the year seems more likely, with completion potentially extending into late 2027.
Alta Developers Announces New Short-Term Rental-Friendly Condo Project in Coral Gables
Alta Developers, a prominent Miami-based real estate firm, has officially launched sales for its latest venture, a short-term rental-friendly condominium known as Cassia, located in the vibrant heart of Coral Gables. This announcement marks a significant shift from the company’s initial plans of developing an apartment complex at 4011 Salzedo Avenue.
Originally intended as a multifamily apartment building, the project’s direction shifted about six months to a year ago, amidst challenging market conditions. “The multifamily market is pretty tough today. With interest rates and costs, it’s very difficult to launch a multifamily project,” explained Raimundo Onetto, CEO of Alta Developers. He further noted the sustained demand in the condo market, which influenced the strategic redirection towards developing Cassia as a condo project suitable for short-term rentals.
Cassia is set to rise as a 12-story building offering 174 residential units, with sizes ranging from 662 to 1,439 square feet. The units, which will include options from one to three bedrooms, are priced starting in the $700,000s, stretching up to about $1.8 million. Each condo will be delivered fully finished and furnished, featuring elegant interiors by RH (formerly Restoration Hardware), ensuring a premium living experience.
The development is designed to attract a diverse group of buyers, including foreign investors and families with children attending the University of Miami, as well as medical professionals working at nearby hospitals. “People can use it when they’re here, and when they’re not here they can put it into a management program that allows them cash flow. … This is a great way to start your real estate portfolio,” said Jesse Ottley, President of Development Sales, highlighting the project’s flexibility.
Set to open a sales center this month at 4201 South LeJeune Road, Cassia is strategically located near top shopping destinations like the Shops at Merrick Park and luxury automotive dealer The Collection. The project promises a rich array of amenities including a café, gym, multiple pools, and a landscaped garden on the fifth floor, not to mention a striking $1 million tree sculpture within a serene paseo.
With plans to break ground by year-end, Alta Developers aims to secure construction financing by selling approximately 40% to 45% of the units—roughly 70 units in total. The anticipated loan amount is around $60 million, with construction expected to last about 18 to 20 months.
Alta Developers purchased the 1.5-acre site for $17.5 million in late 2020 from Baptist Health South Florida. The site’s history includes a previous development plan by Ugo Colombo and Masoud Shojaee, which was later sold to Baptist in the wake of a legal dispute.
Cassia represents a significant addition to Coral Gables and South Florida’s growing portfolio of short-term rental-friendly developments, joining other noteworthy projects like 600 Miami Worldcenter and Natiivo Fort Lauderdale. As Alta Developers embarks on this exciting project, Cassia is poised to become a cornerstone of flexible urban living in Coral Gables.
Revving Up Luxury Living: Aston Martin Residences in Downtown Miami
When dreams meet determination, the impossible becomes achievable. Amidst the glittering skyline of downtown Miami, the Aston Martin Residences stand tall as a testament to visionary thinking and unwavering perseverance. Despite initial doubts, this architectural marvel has not only come to fruition but has also exceeded expectations.
Developer G&G Business Developments defied skeptics as they held a triumphant ribbon-cutting ceremony on April 30, coinciding with Miami’s electrifying race week. The event, graced by the presence of Aston Martin executives and esteemed Miami Mayor Francis Suarez, marked the culmination of years of meticulous planning and dedicated effort.
The allure of the Aston Martin Residences lies not only in its striking design but also in its unparalleled exclusivity. Of the 391 luxury condos nestled within its sleek façade, an astounding 99% were snapped up by eager buyers even before the doors swung open. What’s more, over 50 of these new residents are proud owners of Aston Martin automobiles, further cementing their allegiance to the brand’s legacy of luxury and innovation.
Collaboration breeds excellence, and nowhere is this more evident than in the partnership between Aston Martin’s design team and the visionary architect Rodolfo Miani of Bodas Mian Anger. Together, they have crafted a striking sail-shaped glass tower that stands as an ode to sophistication and modernity, redefining the skyline of downtown Miami.
Step into the realm of luxury living, where every amenity is crafted to indulge and inspire. Spread across levels 52 through 55, residents are treated to a plethora of indulgences. From an exquisite art gallery to state-of-the-art movie theaters, a golf simulator to a bustling business center, every need and desire finds fulfillment within these walls. For families, a dedicated kids’ playroom ensures that little ones are equally catered to, while a full-service spa, beauty salon, and barber shop beckon residents to unwind and rejuvenate in style.
Ascend to level 55, where the true epitome of luxury awaits. The pool deck, with its inviting jacuzzis and private cabanas, offers a sanctuary amidst the bustling city below. Here, residents can bask in the warm embrace of the Miami sun or mingle in the opulent surroundings of the chef’s kitchen, ballroom, and private dining areas, all while enjoying panoramic views of the city skyline and the azure waters beyond.
In the heart of downtown Miami, where innovation meets elegance, the Aston Martin Residences stand not just as a symbol of luxury living but as a testament to the power of ambition and ingenuity. As residents settle into their new abodes, they do so knowing that they are not just homeowners but custodians of a legacy—a legacy built on the belief that with passion and perseverance, even the loftiest dreams can become reality.
One Park Tower by Turnberry: A New Residential Landmark in North Miami
North Miami is set to be home to a new architectural gem—One Park Tower by Turnberry. This 33-story residential development is currently under construction at 2411 Laguna Circle, within the expansive 184-acre master-planned community of SoLé Mia. The tower, designed by the renowned architectural firm Arquitectonica and developed by Aventura-based Turnberry, promises to be a significant addition to the area, standing at a striking height of 370 feet.
One Park Tower broke ground in January and is projected to offer 869,000 square feet of space, which includes 299 condominium residences. It’s strategically positioned south of the community’s 7-acre lagoon and east of SoLé Mia Way, integrating seamlessly with its surroundings.
The Federal Aviation Administration (FAA) has played a crucial role in ensuring that the construction of One Park Tower adheres to safety standards, particularly concerning air navigation. The FAA issued five building permits for the tower on April 25, valid for 18 months until October 25, 2025. This approval confirms that the tower, at 370 feet above ground or 390 feet above mean sea level, does not exceed obstruction standards and poses no hazard to air navigation.
Additionally, the FAA has approved the installation of two tower cranes at the site, each set to rise to 470 feet above ground level, further facilitating the tower’s construction without compromising safety.
The residences at One Park Tower will offer a range of one-, two-, and three-bedroom units, including luxurious penthouses. Designed by Meyer Davis, these homes will feature high ceilings, dens, wrap-around terraces, and oversized master bedrooms with expansive walk-in closets. The property will also benefit from the landscaping expertise of DS Boca.
A standout feature of One Park Tower is Laguna Solé, a large swimmable lagoon complemented by a beach area, providing a unique aquatic experience to the residents. The development will also include 37 acres of green space, eight miles of biking and running trails, a private swimming pool, pickleball courts, and a state-of-the-art wellness center offering a range of fitness and spa services.
For added convenience, the tower will house co-working spaces, a library, event rooms, a climate-controlled wine room, and a dedicated children’s playroom. Security is a priority, with gated entry and 24-hour security in place, along with a secured parking garage that includes electric charging stations.
Turnberry has secured a substantial $172 million construction loan for the project, with the construction being carried out by Juneau Construction Company. Completion is anticipated in 2026, marking One Park Tower as a future landmark that promises luxury living in a dynamic community setting.
Indian Creek Residences & Yacht Club Sells Second Penthouse for $11.25 Million
Just a few months after making headlines with the sale of its largest and most expensive penthouse, Indian Creek Residences & Yacht Club has once again captured the spotlight. This prestigious Miami property recently sold its second and final penthouse for an impressive $11.25 million. With this sale, the allure of this exclusive Miami community continues to grow, particularly among affluent buyers from New York.
Designed by the renowned Miami-based architect Kobi Karp, and boasting interiors by the acclaimed Zarifi Design, the building reflects a blend of modern aesthetics and luxurious comfort. The eight-story waterfront building features only nine luxury condominiums and includes six yacht slips, making it a unique offering in Miami’s competitive luxury real estate market.
Located across from the ultra-exclusive “Billionaire’s Bunker” and Indian Creek Country Club, the boutique condo offers more than just a home—it promises a lifestyle. The sold penthouse encompasses a full floor, spanning 5,164 square feet. It features 75 feet of unobstructed waterfront views, a private terrace, and not just one, but two state-of-the-art kitchens. Additional luxuries include a wine wall, a dedicated home office, and access to an impressive suite of amenities.
The Indian Creek Residences & Yacht Club doesn’t just stop at beautiful homes. It offers a resort-style amenities package that rivals the world’s finest hotels. This includes a yacht club complete with dockmaster concierge services, a world-class spa, a state-of-the-art fitness center, and an outdoor yoga lawn. For social gatherings, there is a flexible entertainment lounge equipped with a high-fidelity sound system and a bar. The landscaped rooftop terrace features a pool, dining area, outdoor kitchen, and a screening pavilion, providing everything residents might need for entertainment or relaxation.
Adding to its allure, the building offers a full-time doorman, a resident concierge, and 18 private parking spaces, ensuring that every need of the residents is catered to with the utmost attention to detail and privacy.
With its strategic location, stunning design, and comprehensive amenities, Indian Creek Residences & Yacht Club sets a new benchmark in luxury living. Developed by Landau Properties and with sales managed by OFFICIAL Partners, this project has not only transformed the skyline of Bay Harbor Islands but also redefined what luxury living should entail. As construction progresses, it continues to draw attention and admiration from luxury real estate aficionados worldwide.
Unveiling the Four Seasons Private Residences Coconut Grove: A New Era of Luxury Living in Miami
In a landmark collaboration that underscores the future of luxury residential living, CMC Group, led by visionary developer Ugo Colombo, and Fort Partners, spearheaded by CEO Nadim Ashi, have joined forces with the prestigious Four Seasons brand to launch the Four Seasons Private Residences Coconut Grove. This project marks a significant milestone as it introduces the first standalone Four Seasons residential development in Florida, setting a new benchmark for luxury in one of Miami’s most historic neighborhoods.
The alliance of CMC Group and Fort Partners with Four Seasons is not just a partnership but a convergence of philosophies centered around excellence and visionary foresight in luxury real estate. With each entity bringing a unique strength to the table, this project promises to redefine luxury living in Coconut Grove and beyond.
Renowned Florentine designer Michele Bönan is at the forefront of the interior design, bringing his celebrated aesthetic that merges classic elegance with modern luxury. Complementing Bönan’s interiors, the architectural design by Miami-based Luis Revuelta is poised to make a profound impact on the skyline. His design philosophy harmonizes with Coconut Grove’s lush landscapes, featuring a building façade that curves softly, integrating seamlessly with the surrounding environment while offering breathtaking ocean views of Biscayne Bay.
The Four Seasons Private Residences Coconut Grove will stand 20 stories tall, offering 70 luxurious residences ranging from two to four bedrooms and up to 3,980 square feet. The development will also feature four expansive penthouses, with sizes from nearly 6,430 to 9,690 square feet, setting a new standard for opulence.
Michele Bönan’s design philosophy brings a sense of cohesion between the lush outdoor environment and the elegant interiors. Inspired by the rhythmic beauty of the ocean and the natural charm of Miami, his designs promise a serene living experience that blends the outdoors with the indoors in a symphony of style and comfort.
Residents of Four Seasons Private Residences Coconut Grove will enjoy an array of amenities that include a state-of-the-art gym, a luxurious spa, and a sprawling pool deck. True to the Four Seasons promise, the residence will offer comprehensive services such as a dedicated Director of Residences, concierge, in-residence dining, and personalized housekeeping.
The collaboration signals a promising horizon for real estate and hospitality development. With projects under the Four Seasons flag planned across the United States and Europe, this venture is just the beginning of a new chapter in luxury living. The Four Seasons Private Residences Coconut Grove is not just a place to live; it is a lifestyle, an experience, and a promise of living like no other.
Situated in a neighborhood known for its vibrant culture and exceptional quality of life, the residences promise a community-centric lifestyle enhanced by proximity to top-tier schools, quaint boutiques, and gourmet restaurants. The Four Seasons Private Residences Coconut Grove are set to become a cornerstone of the community, offering a lifestyle that is both luxurious and integrated with the spirit of Coconut Grove.
