70% Sold for Standard Residences

May 25, 2022

In November Rosso Development along with Standard International announced their collaboration on a development project in Midtown Miami, The Standard Residences. Now, the Standard has reached 70% sold in only 5 months.

Situated between the Design District and Wynwood, the Standard Residences will rise 12 stores and will feature 228 luxury hotel branded units curated by Urban Robot and Standard International. Arquitectonica is listed as the architect on the project.

The luxury units range from 432 to 965 square feet of living space with studio to two-bedroom floor plan options still available. Prices will range from $469,900 to $949,900

Price Breakdown

• Studios starting at $469,900
• 1-bedroom starting at $699,900
• 1-Bedroom + Den starting at $809,900
• 2-bedrooms starting at $949,900

The units will feature cubby kitchens designed by Urban Robot, expansive 6′ deep terraces, and master baths with double showers. Unit owners will be able to rent their units for periods of up to 30 days with exclusive benefits to friends and family.

Amenities:

• 35,000 square feet of amenities
• 10,000 square feet of retail space
• Expansive lobby with lounge areas and a cafe
• Rooftop restaurant
• Bar
• 60-foot resort-style pool
• Sweat room and fitness center
• Indoor pickleball court
• Yoga and stretch studios
• Karaoke bar
• Pet Spa
• Party room

Carols Rosso, owner of Rosso Development has stated that this is his first major development since he left the Related Group. Rosso hinted at additional Standard-branded residential projects in the pipeline.

Standard International, currently operates 16 hotels in the United States and across the world and owns a waterfront hotel on the Venetian Islands in Miami Beach named the Standard Spa.

The sales gallery is still under construction and is expected to be completed in June 2022. Construction on the actual tower has already started and the expected completion date is in 2023.