The Perrin Secures $111M Construction Loan for New 26-Story Brickell Residential Tower
A major step forward has been made for Brickell’s next luxury multifamily project. A $111 million construction loan has been secured for The Perrin, a new 26-story Class A residential tower set to rise just blocks from Brickell City Centre. The financing, provided by Goldman Sachs, underscores strong confidence in the future of the Brickell residential market.
The Perrin will feature 310 luxury rental residences and is being developed by Empira, with Jaxi Builders onboard as the general contractor. The development’s design team includes Corwil Architects and renowned interior designers OTJ Architects, who together are crafting a sleek, modern living experience tailored for Miami’s urban lifestyle.
“We ran a highly competitive process that drew strong interest from a wide range of lenders,” noted Daniel Matz, Senior Managing Director at Newmark, who arranged the financing. The project is now slated to break ground in summer 2025, with completion expected in 2027.
The Perrin’s location near Brickell City Centre places it within one of Miami’s most dynamic and walkable neighborhoods, offering future residents access to shopping, dining, and business hubs within minutes. As Brickell continues to attract both residents and investors, The Perrin is poised to become a standout addition to the city’s growing skyline.
New Residential Development to Brickell: The Perrin by Empira Group
Empira Group, a renowned real estate investment manager, has announced exciting new details about its upcoming residential development in Brickell, Miami. The 26-story tower, originally named Empire Brickell, will now be called The Perrin.
Set to break ground in early Q1 2025, this upscale development promises to elevate the Miami skyline with its sleek design and luxurious amenities. Upon completion in 2027, The Perrin will house 310 exclusive residences, ranging from efficient studios to expansive 3-bedroom units, catering to a variety of lifestyles.
Residents and guests will enjoy a host of high-end amenities designed to provide a resort-style experience. Among the standout features are:
Rooftop Zen Garden and Tea Room: A serene space perfect for relaxation.
Resort-style Pool with Cabanas and Grilling Stations: An ideal spot for unwinding or hosting gatherings.
Fitness Center with Dedicated Yoga Room: State-of-the-art fitness facilities to keep residents active and healthy.
Co-working and Entertaining Spaces: Designed with modern professionals in mind.
2,500 square feet of Ground Floor Retail: Adding convenience and vibrancy to the neighborhood.
Situated just a few blocks from the Brickell City Centre, residents will be within walking distance of world-class shopping, dining, and entertainment, ensuring that everything you need is at your fingertips.
With a planned opening date in 2027, The Perrin promises to be a prime address for those seeking luxury living in the heart of Miami’s thriving Brickell district.
Stay tuned for more updates as construction progresses, and keep an eye on Empira Group’s website for the latest information on this highly anticipated development.