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One Twenty Brickell Residences Miami

PMG Locks in $413M Financing for Dual-Tower One Twenty Brickell Residences in Miami

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One Twenty Brickell Residences Miami

Miami’s development momentum shows no signs of slowing down as national developer PMG secures $413 million in construction financing for One Twenty Brickell Residences, a high-profile dual-tower project planned for the heart of Brickell. The financing package, provided by an Ares Real Estate fund and Monarch Alternative Capital, will support all aspects of the development—including luxury condominiums, rental residences, retail, and structured parking.

This latest deal marks a continued collaboration between PMG and its capital partners, who previously joined forces on a financing package for a separate PMG development in Wynwood. Jones Lang LaSalle (JLL), along with PMG’s Capital Markets team, helped structure and secure the financing. PMG is targeting an early May groundbreaking, with delivery scheduled for 2028.

“Obtaining this financing stands as an incredible feat at a time when current market conditions are making development of multifamily towers challenging,” said PMG’s Andrew Warman, who helped lead the transaction.

One Twenty Brickell Residences will consist of two architecturally distinct towers designed by Sieger Suarez Architects, with interiors by Cotofana Designs. The first tower, rising 37 stories, will include 266 fully finished condos—each with a deeded office suite, a unique offering aimed at today’s work-from-anywhere buyer. The second tower, rising 41 stories, will be operated by Sentral and feature 537 rental apartments ranging from studios to three-bedrooms, all outfitted with high-end finishes, smart home tech, and custom Italkraft cabinetry.

PMG reports that the condominium tower is already over 91% sold, a sign of strong market appetite for luxury residences in this key Miami submarket. “Its swift sales success is a testament to the tremendous team at PMG Residential,” noted Dan Kaplan, Managing Partner at PMG.

The project also boasts an impressive amenity package. Residents will enjoy over 100,000 square feet of shared and exclusive offerings, including concierge service, fitness studios, co-working lounges, a juice bar, pickleball court, spa and treatment rooms, and an infinity-edge pool—catering to both social lifestyles and wellness-focused living.

Representatives from both financing firms expressed confidence in the project’s positioning. Ares’ Bryan Donohoe noted that the firm was “pleased to further build on our relationship with PMG,” while Monarch’s Joshua Acheatel said they were “excited to continue [their] relationship with a best-in-class developer.”

PMG’s legal team, along with leading attorneys from Kramer Levin, Saul Ewing, Bilzin Sumberg, and Greenberg, Trager & Herbst, managed the legal structuring of the deal.

Backed by a portfolio that includes E11EVEN® Hotel & Residences, Waldorf Astoria Hotel & Residences Miami, and 111 West 57th Street in NYC, PMG continues to solidify its reputation as a dominant force in the luxury residential market. With One Twenty Brickell Residences, the developer further affirms its commitment to forward-thinking urban development and lifestyle design in Miami’s most desirable neighborhoods.

Santander Tower

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

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Santander Tower

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.

Citadel Miami

Citadel Partners with Related Companies to Build Tower in Brickell

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Citadel Miami

In a major announcement that underscores Brickell’s evolving skyline, Citadel has revealed its partnership with Related Companies to construct a striking new tower in the heart of Miami’s financial district. According to plans filed last year, the proposed 55-story tower will reach an impressive height of 1,046 feet above ground, or 1,049 feet above sea level, officially earning it the designation of a “supertall” structure. Designed by the world-renowned architecture firm Foster + Partners, the building will feature a sleek, modern aesthetic that complements Brickell’s reputation as Miami’s financial and urban epicenter.

The tower will primarily house office spaces, catering to the increasing demand for premium work environments in the area. Additionally, the project will include hotel accommodations and retail spaces, further enhancing its appeal as a mixed-use destination. A key feature of the development is a public baywalk, which will provide residents and visitors with access to scenic waterfront views and outdoor leisure opportunities.

This partnership with Citadel marks a significant pivot for Related Companies in Brickell. The developer had previously teamed up with Swire Properties to work on a separate near-supertall office tower project known as One Brickell City Centre. However, that property has now been listed for sale, signaling a strategic shift in Related’s focus toward the new collaboration with Citadel.

The Citadel-Related tower is poised to become a standout addition to Miami’s iconic skyline, reinforcing Brickell’s status as a hub for business, luxury, and innovation. With its combination of striking architecture, prime location, and versatile offerings, this project is set to attract global attention and further cement Miami’s position as a premier destination for commerce and lifestyle.

New Development in Brickell

Historic Land Acquisition in Brickell: Oak Row Equities and Mariposa Real Estate Plan Transformative Development

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New Development in Brickell

In a monumental move for Miami’s real estate market, developers Oak Row Equities and Mariposa Real Estate have announced their agreement to acquire a property in Brickell, marking the largest land acquisition in the city’s history. The deal, valued at an astounding $520 million, is set to close in the fourth quarter of 2025 and promises to reshape the skyline of Miami.

Oak Row Equities has unveiled ambitious plans for the site, which will include ultra-luxury condominiums designed to redefine the standards of urban living. In a statement, the developer expressed its vision for “a landmark development that will redefine Miami’s skyline and set a new standard for urban luxury.”

The site’s zoning allows for over three million square feet of development, with permissions for several towers to rise to a supertall height of 1,049 feet. This ambitious project aims to create a transformative urban destination in the heart of Brickell.

“The Brickell Bay Drive assemblage presents a once-in-a-lifetime opportunity to build a transformative project in the most exciting submarket in the City of Miami,” said Erik Rutter, Managing Partner at Oak Row Equities. His sentiments were echoed by David Weitz, Managing Partner at Oak Row Equities, who added, “We intend to collaborate with world-class talent to bring our vision to life.”

With the planned development, Oak Row Equities and Mariposa Real Estate aim to set a new benchmark for luxury and architectural excellence. The project will not only enhance the city’s skyline but also contribute significantly to Miami’s reputation as a global hub for luxury real estate.

As the project progresses, Miami’s residents and investors alike will eagerly anticipate the unveiling of what promises to be one of the most iconic developments in the city’s history. The future of Brickell has never looked more exciting.

Brickell’s Skyline Set to Evolve with New 39-Story Residential Tower

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Brickell New Construction

The transformation of Miami’s Brickell neighborhood continues as plans for a new 39-story residential tower move forward. Located just a block from Brickell City Centre, this development promises to bring both luxury and community enhancements to the area.

The developer, working on the site of the recently demolished Starlite Motel, has officially signed a public benefits agreement to secure the project’s approval. Recorded on December 10, the agreement paves the way for development under Miami-Dade’s Rapid Transit Zoning plan.

As part of the agreement, the developer has committed to a series of public benefits:

  • $500,000 Contribution: A payment to Miami-Dade County, earmarked for repairs or upgrades to the Brickell Metrorail or Metromover stations.
  • Workforce Housing: Five percent of the tower’s residential units will be income-restricted for workforce renters, addressing the need for affordable housing options in the area.
  • Tree Planting Initiative: The developer will plant 40 trees at least 20 feet high either on the property or within the surrounding right-of-way, in addition to the required landscaping.
  • Pedestrian Connectivity: A cross-block passage will provide pedestrian access between SW 7th Street and SW 8th Street, enhancing walkability.
  • Utility Line Upgrades: Telecom wires on the property will be buried at the developer’s expense, improving the aesthetic and infrastructure.

The planned development includes:

  • 517 Apartments: Offering a range of residential options to accommodate Brickell’s growing population.
  • Restaurant Space: 9,700 square feet dedicated to dining establishments.
  • Parking Facilities: A six-level garage with 506 parking spaces.

A construction permit for the tower was filed in August, with Suffolk Construction serving as the contractor. The estimated construction value stands at $190 million, highlighting the significant investment in the project. Chicago-based Focus is leading the development, with the world-renowned architectural firm Gensler at the helm of the design.

As approval for the project hinges on the fulfillment of public benefit commitments, the developer’s proactive approach signals a win-win for both the community and investors. This 39-story tower is set to redefine the local skyline while contributing to the enhancement of Brickell’s urban environment.

Calle 8 Miami

Millennium Developments Signs Covenant for New 70-Story Brickell Tower-Calle 8

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Calle 8 Miami

Millennium Developments is moving forward with plans for an impressive new 70-story tower in Brickell, Calle 8. In a significant step toward realizing this ambitious project, the developer has signed a covenant with Miami-Dade County. The agreement, officially recorded on November 4th, states that the tower will connect to the county’s water and sewer systems, which is required as a condition of the building permit.

The proposed tower is set to become one of Brickell’s tallest buildings, rising to 750 feet. The design envisions 464 residential units, offering a mix of luxury residences with stunning views of Miami’s skyline. Additionally, the project includes 75,736 square feet dedicated to either performing arts spaces or retail, bringing a blend of culture, commerce, and community to the heart of Brickell. The building will also provide ample parking, with 653 planned spaces, along with various amenities to enhance the lifestyle of future residents.

In August, Millennium Developments submitted an updated version of the proposal to Miami-Dade County as part of the ongoing zoning approval process. This proposal includes preliminary plans and renderings, shared for reference in the zoning phase, with a formal submission to follow as part of the site plan review.

BMA Architects is the architectural team behind the vision for this 70-story tower, adding their expertise to shape what is anticipated to be an iconic addition to the Miami skyline.

Millennium Developments’ latest project reflects Brickell’s growth as a hub for luxury living, arts, and entertainment. As zoning approval progresses, more details on the tower’s features and design will be revealed, shaping an exciting future for this high-rise in Brickell.

Babylon Racquet Club Brickell

Exploring the Future of Brickell: The Babylon Racquet Club Development

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Babylon Racquet Club Brickell

In the heart of Miami’s bustling Brickell district, a new development is poised to make waves in the local real estate scene. Developer William Jacome has unveiled plans for a 23-story mixed-use tower, the Babylon Racquet Club, on the site of the former Babylon Apartments. This new project is particularly notable not only for its scale but also for its focus on racket sports, promising to become a major sports hub in the area.

The proposal for the Babylon Racquet Club comes five years after a previous 24-story project faced significant pushback from local residents. However, changes in zoning regulations have breathed new life into development prospects. In February, Miami-Dade County reclassified the development site into the Metromover subzone, which supports the construction of a 23-story building.

The Babylon Racquet Club is planned to feature 34 condominiums, 15 hotel rooms, 13,700 square feet of restaurant space, 4,400 square feet of office space, and a gym. Located at 240 Southeast 14th Street, the project will include 14 courts for tennis, pickleball, padel, and racquetball, marking it as a significant addition to the sports facilities in the area.

This development is strategically placed just a half-mile walk from the Financial District Metromover station, making it easily accessible for both residents and visitors. Jacome’s vision extends beyond just building structures; he is setting the stage for a vibrant community hub centered around sports and leisure.

The site itself has a colorful history, adding a layer of depth to the current development. Originally home to the Babylon Apartments, the site was the first Miami project of the now-renowned architecture firm Arquitectonica, completed in 1982. The building’s unique ziggurat-inspired design was a bold introduction of modern architectural style to Miami.

Over the years, the site has seen its share of drama, including its previous owner Ray Corona who was imprisoned in 1987 due to connections with notorious Miami drug lords. The building eventually changed hands to Francisco Martinez Celeiro, a former actor known by the stage name George Martin, who after a lengthy legal battle, managed to demolish the building in 2018 following the city’s approval to double the site’s allowable height.

The Babylon Racquet Club project is just one part of a larger trend of significant developments in Brickell, which has rapidly become a hotspot for major financial and luxury residential projects. This includes the relocation of Ken Griffin’s Citadel headquarters and plans for high-profile projects like the Dolce & Gabbana-branded condo-hotel and the Baccarat Residences.

Calle 8 in Brickell Submits Building Height Plans to FAA

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Calle 8 in Brickell Miami

Exciting developments are underway in Brickell, Miami, as plans for a towering addition to the skyline have taken a significant step forward. On April 12, filings detailing the proposed building heights for a new project were submitted to the Federal Aviation Administration (FAA), marking a pivotal moment in the city’s urban evolution.

According to the submissions, the proposed tower is set to soar to impressive heights, with plans indicating a staggering elevation of 737 feet above ground or 750 feet above sea level. This ambitious vision promises to reshape the skyline and further solidify Brickell’s reputation as a dynamic hub of architectural innovation.

The proposed tower is situated on the same site where the captivating 65-story structure, tentatively named Calle 8, is currently navigating through the approval process with Miami-Dade County planners. The synergy between these projects underscores the area’s momentum and the developers’ commitment to redefining urban living.

Behind this visionary endeavor is Millennium Developments of Brickell LLC, a developer renowned for its commitment to excellence and forward-thinking design. In addition to the FAA filings, the developer recently filed for a tree permit at the project site on March 19, signaling a holistic approach to sustainable development.

The plans outline a multifaceted space that seamlessly integrates commercial, cultural, and residential elements. Ground floor retail spaces will invigorate street-level activity, while a proposed performing arts venue or retail complex promises to enrich the cultural fabric of the community.

Spanning across 65 stories, the tower will house 464 residential units, offering unparalleled views of the cityscape and the bay. Beyond living spaces, the development will feature amenity spaces tailored to enhance the quality of life for residents, fostering a sense of community and well-being amidst the urban hustle.

As Brickell continues to evolve into a vibrant urban epicenter, developments like this underscore the neighborhood’s status as a global destination for living, working, and leisure. The proposed tower represents not only a physical manifestation of progress but also a testament to the collaborative spirit driving Miami’s growth.

With its bold design, strategic location, and thoughtful amenities, the proposed tower in Brickell promises to redefine the city skyline and elevate the standard of urban living. As the project progresses through regulatory channels, anticipation mounts for the unveiling of this iconic addition to Miami’s architectural landscape.

2200 Brickell Miami

2200 Brickell Development Breaks Ground

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2200 Brickell Miami

Miami, renowned for its vibrant culture and stunning skyline, is set to welcome a new landmark with the groundbreaking ceremony of 2200 Brickell yesterday. This eagerly anticipated event marks the commencement of a visionary project that promises to redefine luxury living in the heart of the city.

Situated in the prestigious Brickell neighborhood, 2200 Brickell stands tall as a five-story development comprising 105 opulent condominiums. Crafted with meticulous attention to detail, these residences epitomize sophistication and exclusivity, offering a lifestyle reserved for the discerning few.

With prices starting at $1.2 million, the condos at 2200 Brickell present an unparalleled opportunity to indulge in the epitome of luxury living. From breathtaking views of the Miami skyline to unparalleled amenities, each aspect of this development is designed to exceed expectations and elevate the standard of upscale living.

Behind this ambitious venture stand the acclaimed Aria Development Group, Largo, and Place Projects. With a shared commitment to excellence and innovation, these developers bring a wealth of experience and expertise to the table, ensuring that 2200 Brickell emerges as a true masterpiece in Miami’s architectural landscape.

At the helm of the design is the renowned architectural firm Revuelta, renowned for its iconic creations that seamlessly blend form and function. Collaborating with Revuelta are the visionary minds at ODA New York, tasked with crafting interiors that exude sophistication and style, setting a new standard for luxury living in Miami.

As the ceremonial shovels hit the ground, anticipation fills the air for what lies ahead. With completion slated for 2026, 2200 Brickell promises to be more than just a residential development; it’s a symbol of Miami’s unwavering spirit of innovation and progress.

The groundbreaking ceremony of 2200 Brickell heralds the dawn of a new era in luxury living. From its meticulously designed residences to its prime location in the heart of Brickell, this development is poised to captivate discerning homeowners and redefine the very essence of upscale living in Miami. As construction progresses, the anticipation only grows, fueling excitement for the unveiling of this architectural marvel in 2026. Stay tuned as 2200 Brickell sets the benchmark for luxury living in the Magic City.

2200 Brickell Pool Deck
Mercedes-Benz Launches Mercedes Benz Places

Mercedes-Benz Places Residential Tower Unveiled in Miami’s Brickell

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Mercedes-Benz Launches Mercedes Benz Places

Miami, renowned for its vibrant culture, stunning beaches, and eclectic architecture, is about to witness a groundbreaking addition to its skyline. JDS Development Group, a trailblazing force in urban development, has joined forces with the iconic Mercedes-Benz to unveil a revolutionary project: Mercedes-Benz Places in Miami. This 67-story marvel promises to redefine luxury living in the heart of Brickell, setting new standards in urban design and sustainability.

At over 2.5 million square feet, Mercedes-Benz Places will represent a collaboration between two visionary entities, merging the ethos of innovation and sophistication. Spearheaded by Michael Stern, Founder & CEO of JDS Development Group, and Eva Wiese, Head of Mercedes-Benz Customer Solutions GmbH, this project is poised to leave an indelible mark on Miami’s landscape.

Mercedes-Benz Places in Miami isn’t just a collection of residences; it’s a meticulously crafted community designed to enhance every facet of urban living. 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.

At the heart of Mercedes-Benz Places lies its architectural marvel—a striking, cube-shaped tower that seamlessly integrates into Miami’s skyline. Designed in collaboration with award-winning SHoP Architects, the structure embodies Mercedes-Benz’s design philosophy of Sensual Purity. Inspired by Miami’s dynamic spirit, the building’s stacked-box design reflects a balance of emotion and intelligence, creating a timeless aesthetic that captivates the senses.

Gorden Wagener, Chief Design Officer at Mercedes-Benz AG, elaborates on the project’s design ethos, stating, “Our distinctive style is Sensual Purity, a philosophy rooted in the duality of emotion and intelligence. With Mercedes-Benz Places in Miami, we’ve crafted a landmark that pays homage to German design traditions while embracing Miami’s vibrant energy.”

Mercedes-Benz Places isn’t just shaping the future of urban living—it’s revitalizing the Brickell neighborhood. Through collaborations with urban landscape designers and a commitment to environmental stewardship, the project aims to transform Southside Park into a lush, green oasis. By incorporating native vegetation and sustainable practices, Mercedes-Benz Places seeks to create a healthier, more vibrant community for residents and visitors alike.

As construction progresses, Mercedes-Benz Places in Miami is poised to become a symbol of excellence and innovation—a testament to the power of collaboration and visionary thinking. With occupancy slated for 2027, this iconic development promises to redefine luxury living in Miami for generations to come.