Miami World Tower 1 Receives Initial TCO, Marking Milestone for Miami Worldcenter Development

Miami World Tower 1 has reached a significant milestone, officially receiving its initial Temporary Certificate of Occupancy (TCO) from Coastal Construction. This TCO, identified as TCO #1, signals that the 56-story residential tower has met the preliminary standards to begin occupancy, paving the way for residents to soon move into one of Miami’s newest luxury developments.

Rising 56 stories above the vibrant Miami skyline, Miami World Tower 1 brings a blend of luxury living and lifestyle amenities to the Miami Worldcenter. The tower includes 565 apartment units, providing high-end residences with sweeping views and sophisticated design. Alongside residential offerings, the building features a 3,000-square-foot full-service restaurant and provides 401 parking spaces, offering convenience for residents and visitors alike.

Construction at the Miami World Tower site kicked off in late 2021, with the first crane installation in April 2022. By June 2022, the foundation was poured, and the tower’s skeleton began to rise, marking steady progress through the development timeline. The receipt of the initial TCO is the latest accomplishment, signifying that essential building systems are operational and meet safety standards required to welcome occupants.

Behind this ambitious project is developer Lalezarian, who has long-term plans for the Miami World Tower site. In addition to Tower 1, Lalezarian has filed plans to develop three additional towers, potentially adding 2,043 multifamily residential units to the area. This multi-tower vision aligns with the larger objectives of the Miami Worldcenter development, which aims to transform downtown Miami into a dynamic, mixed-use destination featuring residential, commercial, and entertainment spaces.

Miami World Tower 1 is just one component of the expansive Miami Worldcenter project, a master-planned development reshaping the city’s urban core. This transformative project aims to create a walkable, pedestrian-friendly environment enriched by art, culture, and green spaces. The additional towers proposed by Lalezarian will only further contribute to the vibrancy and allure of Miami Worldcenter, supporting its role as a landmark destination in downtown Miami.

With its initial TCO in hand, Miami World Tower 1 stands ready to welcome its first residents. This achievement underscores the commitment of Coastal Construction and Lalezarian to bringing a vision of modern, urban living to life in the heart of Miami. As Miami Worldcenter continues to grow, the addition of Miami World Tower 1 sets the stage for an exciting chapter in the city’s skyline and urban lifestyle.

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

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.

Surf Row Residences Launches Sales in Surfside

Nestled in the heart of Surfside, one of Miami’s most sought-after coastal neighborhoods, Surf Row Residences is setting a new benchmark for upscale, beachside living. Developed by LD&D, a prominent Miami-based real estate investment, development, and design firm, in collaboration with ONE Capital and IGEQ, this exclusive collection of 25 custom-designed condominiums harmonizes luxury with tranquility, only a block away from the ocean.

Located at 8800 Collins Avenue, Surf Row Residences brings to life reimagined living spaces tailored to the evolving needs of today’s discerning buyers. Residences will be starting at $1.4 million.

Surf Row Residences offers one- to three-bedroom floorplans ranging from 894 to 2,004 square feet, exemplifying refined coastal living. Each residence is thoughtfully designed, featuring spa-like bathrooms with elevated wet areas, freestanding bathtubs, rainfall showers, and custom vanities. Kitchens are equipped with Miele appliances, Dekton countertops, and built-in wine fridges, offering a harmonious blend of functionality and style. Buyers can choose from two custom design packages, each inspired by beach textures and hues, including large-format porcelain tiles in either coral-stone or sun-bleached wood finishes.

Select residences feature private rooftops, with options for enhancements such as plunge pools and summer kitchens, perfect for al fresco entertaining. To personalize their homes further, buyers can use InteriorSelect, LD&D’s design configurator.

Surf Row Residences provide an array of amenities tailored to relaxation, fitness, and convenience. The property boasts a Zen-inspired spa with a steam room, sauna, and hammam, a fully equipped fitness center, and a sunlit pool deck that encourages a balanced, healthy lifestyle. Residents also enjoy coworking spaces and beach-ready amenities, supported by elevated hospitality services, including a beach butler, 24-hour concierge, and optional housekeeping. For those with an active lifestyle, the nearby Surfside Tennis Center offers both private and group lessons.

Designed by Alfonso Jurado Architecture and Boris Pena Architects, Surf Row Residences seamlessly integrates modern design with nature. Drawing inspiration from Surfside’s coastal landscape and Miami’s rich cultural heritage, the residences feature expansive layouts, layered glass facades, and broad balconies that invite natural light and ocean breezes. Fluid lines echo waves, wings, and sand dunes, creating an organic aesthetic that exudes a serene, sophisticated ambiance.

“Our vision for Surf Row Residences was to capture the essence of coastal living, combining the area’s charm with a timeless yet contemporary design,” said Alejandro Bonet, managing partner of LD&D. “We’ve built a community that isn’t just about luxury but about creating a sense of place – one that embodies quiet distinction and prestige.”

Surfside, located just north of Miami Beach, is renowned for its unique mix of small-town charm and urban sophistication. With a slower pace, residents can enjoy premier shopping, dining, and entertainment, including Bal Harbour Shops and Haulover Beach Park. Blending historic Art Deco charm with contemporary architecture, Surfside offers a captivating coastal lifestyle for those who value both culture and tranquility.

With its thoughtful design, exceptional amenities, and ideal location, Surf Row Residences is poised to redefine luxury coastal living in Miami. For those seeking an effortless blend of sophistication and serenity, this new development is destined to become an iconic address in Surfside.

Watson Island Set for Transformative Development with Four Planned Towers

Miami’s iconic Watson Island is on the verge of a remarkable transformation, with plans for four new high-rise towers now under consideration. Developers Terra, ESJ Capital Partners, BH3, and Merrimac Ventures have set their sights on creating a blend of residential, hospitality, and commercial spaces on the island, though the proposals depend on two key items that City of Miami voters will weigh in on during tomorrow’s referendum. If approved, these plans would not only enhance Miami’s skyline but also bring new amenities and a public park to Watson Island.

On the north side of Watson Island, Terra and ESJ Capital Partners have proposed two striking residential towers, each rising 40 stories high. The development would add between 500 and 600 residential units to the island, making it a highly desirable living destination within close proximity to Miami’s bustling downtown.

As part of the agreement, Terra and ESJ Capital Partners would compensate the City of Miami for the use of land and commit to building a public park, adding value not only to the residents but also to Miami locals and visitors who would enjoy the expanded green space and waterfront access.

Meanwhile, the south side of Watson Island would see a more diverse mix of uses under the plans put forth by BH3 and Merrimac Ventures. This development envisions two towers, one approximately 40 stories high and another 30 stories, combining upscale residences, a lifestyle hotel, and entertainment amenities.

The taller tower would house 105 luxury condominiums, priced above $1 million, as well as 150 hotel rooms catering to the discerning traveler. The shorter tower would offer a lifestyle hotel with over 350 rooms, making it a major destination for visitors.

In addition to the residential and hospitality spaces, the south side would feature retail outlets, restaurants, and offices, creating a vibrant, mixed-use community that enriches Miami’s luxury lifestyle offerings.

If the referendum results are favorable, BH3 and Merrimac Ventures plan to begin the permitting process in 2025, with groundbreaking slated for 2026. These timelines reflect the city’s ambition to thoughtfully integrate this project into the fabric of Watson Island while maintaining a balance between development and public access.

As the decision rests with Miami’s voters, the outcome of this referendum could shape Watson Island’s future as a premier destination, blending urban luxury with community-focused green spaces.

Amazon Eyeing Wynwood for Major Office Space in Miami’s Hottest New Development

Amazon, the latest tech giant considering Miami for a significant expansion, is reportedly in talks to lease between 60,000 and 80,000 square feet at Wynwood Plaza. With negotiations centering on approximately 75,000 square feet, Amazon could soon occupy a substantial portion of the state-of-the-art development currently under construction in Wynwood.

This potential move marks another major step in Amazon’s increasing interest in Miami, coming just a year after founder Jeff Bezos announced his own relocation to the Magic City. The arrival of Amazon would be a game-changer for the Wynwood area, further cementing Miami’s reputation as a burgeoning tech and business hub.

Wynwood Plaza is poised to be a revolutionary development in Miami’s iconic arts district, featuring a mix of commercial, residential, and retail spaces designed to cater to the evolving needs of a modern city. Key features include:

• Class AAA Office Tower: Spanning 266,000 square feet, this state-of-the-art building, designed by architectural firm Gensler, promises cutting-edge office spaces tailored to top-tier businesses.
• High-End Apartments: With 509 luxury rental apartments, Wynwood Plaza will offer a premium residential option in the heart of Miami’s most vibrant neighborhood.
• Retail & Dining Spaces: The development will feature 32,000 square feet of retail space, including 6,600 square feet of outdoor dining, contributing to Wynwood’s lively atmosphere.
• Half-Acre Outdoor Plaza: Designed by James Corner Field Operations, this large, open-air plaza will be the largest of its kind in the Wynwood Arts District and one of the largest in Miami. It’s set to become a communal space where art, culture, and leisure converge, enhancing the neighborhood’s walkability and appeal.

Developed by L&L Holding Company and Oak Row Equities, alongside partners Shorenstein Properties and co-investor Claure Group, Wynwood Plaza is not just another development but a bold statement about Miami’s future. The Claure Group, which will establish its headquarters within Wynwood Plaza’s office tower, adds a local anchor to the project, fostering a collaborative environment for local and global businesses alike.

With the office towers already topped off, Wynwood Plaza is on track for a 2025 opening, promising to redefine the landscape of Wynwood and draw further interest from influential brands and businesses.

If finalized, Amazon’s presence would accelerate Wynwood’s transformation into a premier destination for innovation and business. As a brand synonymous with forward-thinking technology and global reach, Amazon would bring an influx of talent, new opportunities, and perhaps inspire other tech giants to follow suit. For Wynwood and Miami at large, Amazon’s investment would amplify the city’s standing as an attractive base for technology and corporate growth.

With Amazon potentially leading the charge, Wynwood Plaza’s cutting-edge design, vibrant community spaces, and strategic location set it up as a beacon for what Miami’s business future could hold. For now, all eyes are on Wynwood as it awaits the official announcement.

FAA Clears the Way for Aman Miami Beach Residences: A New Icon of Luxury and Heritage in the Faena District

OKO Group and Access Industries have received crucial Federal Aviation Administration (FAA) approvals for the Aman Miami Beach Residences, an exclusive residential and hotel project at 3425 Collins Avenue. The FAA has issued two height clearances, ensuring the project aligns with airspace regulations while setting new standards for luxury living in the Miami Beach skyline. The primary clearance authorizes a maximum height of 252 feet above ground level (255 feet above mean sea level) at the building’s highest point. A secondary clearance applies to a segment closer to Miami International Airport’s (MIA) runway, capping its height at 227 feet above ground or 230 feet above sea level. These approvals, effective until April 2026, mark an essential milestone in the project’s progression.

Aman Miami Beach Residences will seamlessly blend luxury accommodations and private residences within the renowned Faena District, introducing a new residential tower with 23 private units alongside the preserved Versailles Hotel, which will host 56 Aman-branded hotel rooms. Designed by world-renowned Japanese architect Kengo Kuma, the structure epitomizes minimalist elegance with a unique synthesis of angular lines, soft forms, and Japanese-inspired materials that honor Miami Beach’s Art Deco heritage. Kuma’s vision allows for fluid transitions between indoor and outdoor spaces, creating a visually stunning building that harmonizes with the landscape.

The project team features Revuelta Architecture International and RJ Heisenbottle Architects, while Suffolk Construction serves as the general contractor. Together, they are embracing Miami Beach’s growing trend of adaptive reuse, rejuvenating historic structures with contemporary architectural techniques. This approach is embodied in the Versailles Hotel’s restoration, a 1940s architectural gem that now offers a blend of historical charm and modern luxury in the Faena District.

While the exact construction timeline remains to be finalized, industry sources, including YIMBY, predict groundbreaking early next year, with completion expected around mid-2027. The Aman Miami Beach Residences promise to bring a refined architectural presence to the area and further elevate Miami Beach as a destination for high-end residential and hospitality experiences, cementing its status in the global luxury real estate market.

Four Seasons Private Residences Coconut Grove Unveils Lavish Spa and Wellness Oasis

Four Seasons Private Residences Coconut Grove has set a new benchmark for wellness and luxury in Miami with the unveiling of its expansive, state-of-the-art in-house spa and wellness club. Known as the “Caesar Experience,” this 10,000-square-foot sanctuary offers residents a curated selection of wellness amenities, including an ice fountain, cold plunge, hydromassage pool, and a complete sauna circuit inspired by ancient Roman bath traditions. This one-of-a-kind spa was conceptualized by a specialist consultant from Italy, ensuring the space incorporates cutting-edge trends and technologies in wellness.

This groundbreaking residential development marks Four Seasons’ first standalone residential project in Florida. Developed by South Florida-based real estate leaders CMC Group, led by Ugo Colombo, and Fort Partners, led by Nadim Ashi, Four Seasons Private Residences Coconut Grove debuted in April with the aim of creating an exclusive sanctuary in one of Miami’s most storied neighborhoods. The 20-story property, comprising 70 private residences, combines the craftsmanship of renowned Florentine designer Michele Bönan with the architectural vision of Miami-based architect Luis Revuelta.

The residences offer a refined collection of two- to four-bedroom homes, ranging up to 3,980 square feet, with four premier penthouses offering floor plans from nearly 6,430 to 9,690 square feet. Each home boasts expansive, unobstructed views over Biscayne Bay, courtesy of the property’s thoughtfully curved façade. Inspired by the rich landscape of Coconut Grove, the building harmonizes with the area’s lush greenery and natural topography, creating a distinct yet seamless addition to the skyline.

Homes at Four Seasons Private Residences Coconut Grove feature close to 11-foot ceilings, enhancing the open floor plans. Each residence comes with custom Italian kitchens designed by Molteni and Michele Bönan Interiors, European appliances, and Italian marble finishes. The bathrooms feature Italian cabinetry and luxury paneling, adding to the high-end experience. Private elevators provide an exclusive arrival experience, while in-home automation systems and advanced lighting controls bring modern convenience to each residence.

Four Seasons Private Residences Coconut Grove promises an exceptional lifestyle with an extensive suite of resident amenities, including a dedicated restaurant, library, fitness center with yoga rooms, spa facilities with cold plunge and hammam, children’s areas, private event rooms, and a spacious pool deck and bar lounge. All areas are serviced by Four Seasons, delivering the brand’s legendary service even without a hotel presence. The development also offers a dedicated Director of Residences, concierge services, housekeeping, butler service, in-residence dining, valet, and wellness programming.

Set in a serene, culturally vibrant neighborhood, the Four Seasons Private Residences Coconut Grove provides residents with access to Miami’s finest local boutiques, restaurants, and some of the top schools in the country, fostering a close-knit, walkable community lifestyle.

This collaboration between CMC Group and Fort Partners aims to raise the bar for luxury living in South Florida’s evolving real estate market. With a legacy of innovative projects, CMC Group has played a pivotal role in shaping Miami’s skyline, while Fort Partners brings an established partnership with Four Seasons, evidenced in prestigious developments such as the Four Seasons Hotel and Residences at The Surf Club, Four Seasons Resort Palm Beach, and Four Seasons Hotel and Private Residences Fort Lauderdale. Both firms continue to expand their footprint with upcoming Four Seasons projects across Europe and the United States.

Santander Tower Set to Rise in Brickell – New Utility Agreement Finalized with Miami-Dade County

Santander Bank’s affiliate has taken a significant step forward with plans for its new development on Brickell Avenue. A recently finalized agreement with Miami-Dade County, dated October 11th, grants the bank the necessary utilities to power its ambitious tower project, dubbed Santander Tower. This high-rise is set to become a major addition to the Miami skyline, bringing a mixed-use tower with ample amenities and office spaces to the heart of Brickell.

According to documents, Santander Tower is designed as a high-rise complex that will stand 41 stories tall and reach a height of 765 feet. It will be designed by acclaimed architectural firms Handel Architects and Bernardi & Peschard Arquitectura, merging innovative design with functionality to create a seamless addition to Brickell’s ever-growing skyline.

Here’s what the building is set to include:

Santander Tower is expected to offer a blend of work, retail, dining, and wellness spaces, catering to the needs of both local professionals and residents. Brickell Avenue remains one of Miami’s most sought-after locations, and this project will add substantial value to the area’s urban landscape, supporting continued growth and development in Miami’s financial district.

New 600-Unit Apartment Development Planned at Pullman Miami Airport Hotel Site

London + Regional Properties, operating through its subsidiary LR Miami Airport Hotel, LLC, recently submitted an Administrative Site Plan Review (ASPR) application to Miami-Dade County on October 24th, revealing plans for a new residential project at the Pullman Miami Airport Hotel site at 5800 Blue Lagoon Drive. This ambitious proposal includes two eight-story mixed-use buildings on the hotel’s current parking lot, bringing 600 new residential units to the area. The developer initially purchased this 10-acre property, which houses a 15-story hotel with 281 rooms, back in 2019.

The development envisions two distinct buildings, each housing approximately 300 units with sizes varying from 570 to 1,718 square feet, spanning studio, one-, two-, and three-bedroom layouts. Key features include three parking structures totaling 1,344 spaces, with 1,020 spaces allocated for the apartments and 324 reserved for hotel guests. Additionally, the parking facility closest to the hotel will incorporate 6,000 square feet of ground-floor retail space. Residents will also have access to two pool and clubhouse areas, measuring 6,200 and 4,900 square feet, respectively.

The east building will contain 319 units across its eight floors, with:

• 32 studio units averaging 578 sq. ft.
• 191 one-bedroom units averaging 803 sq. ft.
• 90 two-bedroom units averaging 1,093 sq. ft.
• 6 three-bedroom units averaging 1,380 sq. ft.

The total leasable area for this building is projected at 278,600 square feet. The parking plan includes 452 spaces, divided into ADA, van, and standard spots, with a consistent distribution of 30 to 42 units per floor featuring a variety of floor plans.

The west building will offer 281 units across eight floors, comprising:

• 32 studio units averaging 561 sq. ft.
• 151 one-bedroom units averaging 768 sq. ft.
• 98 two-bedroom units averaging 1,108 sq. ft.

The total leasable space here will cover 242,492 square feet, and parking will be available in the form of 420 spaces, including 8 ADA-accessible spaces, with no compact or tandem options.

An essential component of the ASPR application includes a request to adjust the site’s inclusion in the Blue Lagoon Development of Regional Impact (DRI) to align with the project’s goals. The developer is pursuing variances to amend zoning conditions, particularly regarding parking and setback regulations, to better accommodate the new residential structures. Designed as a transit-oriented development under the Miami-Dade County SMART Corridor Subzone guidelines, this project is strategically located within a quarter-mile of the East-West Corridor of the SMART Program.

London + Regional Properties has partnered with an experienced development team to execute this project:

• Architect: Bizi Arq, based in Palmetto Bay
• Civil Engineer: Hadonne
• Landscape Architect: Kimley-Horn
• Traffic Consultant: Traf Tech Engineering, Inc.

The project application further requests an exception to continue hotel operations during construction, emphasizing a smooth transition to accommodate both current and new uses.

This proposal, if approved, will transform the existing Pullman Miami Airport Hotel site into a modern mixed-use destination, enhancing residential options and bringing convenient transit and lifestyle amenities to Miami’s Blue Lagoon area.

Edgardo Defortuna of Fortune International Group and Shahab Karmely of Kar Properties Launch Faena Residences Miami

Miami’s skyline is set to welcome a stunning new addition as developers Edgardo Defortuna of Fortune International Group and Shahab Karmely of KAR Properties collaborate with Alan Faena to create the Faena District along the Miami River. This ambitious project includes the development of Faena Residences, a 440-unit luxury condominium development that promises to transform the area.

Located at 90 Southwest Third Street in Miami, the Faena Residences project will replace the previously planned One River Point. The two-tower development, connected by a striking sky bridge, was designed by the late renowned architect Rafael Viñoly. Construction is slated to begin in early 2026, with sales expected to launch later this year. Units will range in price from $1 million to over $4 million.

Fortune International Group joined KAR Properties as a co-developer in late 2022, bringing new energy to the project. According to Defortuna, the developers aim to be in full swing by Art Basel Miami Beach, one of the world’s premier art events. “We’ll be in full force by the time Art Basel rolls around,” he noted, underscoring the team’s enthusiasm for the development.

The Faena Residences will include an impressive 45,000-square-foot amenity space in the sky bridge, which will be designed and programmed by Faena himself. The space is set to feature a variety of wellness-focused facilities, all aimed at promoting longevity and well-being—a hallmark of Faena’s development ethos.

This project marks the second major South Florida real estate venture for Alan Faena, following the successful completion of the Faena District in Miami Beach, which includes Faena House, Faena Hotel, and Faena Forum. Backed by billionaire Len Blavatnik, the Faena District in Miami Beach has become synonymous with luxury, art, and world-class amenities. The new Faena Residences Miami looks to continue this legacy, offering a private park, wellness facilities, a marina, and public art installations as part of a larger three-block phased development along the river.

In late 2022, Fortune and KAR secured a $38 million loan from Bank OZK, a line of credit aimed at supporting the project’s sales and marketing efforts. The developers are optimistic about the future of the Faena District along the Miami River, confident that it will become a defining part of Miami’s growing luxury real estate market.

Karmely’s original vision for the 60-story towers, first revealed in 2014, included ambitious features like a three-story floating glass sky bridge and a 55th-floor members-only “Sky Club” with high-end amenities such as restaurants, a cigar lounge, and a screening room. Though the final plans have evolved, the Faena Residences Miami remains poised to offer a unique and exclusive living experience.

The Faena Residences Miami is just one of several developments that will reshape the Miami River area. A recent analysis by The Real Deal found that more than a dozen projects are in various stages of development along the river, with plans to add over 10,500 condo and apartment units. Notable among these is Related Group’s Baccarat, a 75-story, 355-unit tower set to rise at 99 Southeast Fifth Street on the south side of the river.

With its prime location, striking design, and emphasis on wellness, the Faena Residences Miami is set to become a landmark in the city’s evolving luxury real estate market.