South Beach to Welcome a Colorful New Pedestrian Bridge by 2026
Excitement is building in South Beach as construction officially begins on a vibrant new pedestrian bridge designed to connect the South of Fifth baywalk with a recently completed park. The developer mobilized yesterday to commence work on this artistic infrastructure project, which promises to enhance the area’s aesthetic and pedestrian accessibility.
The bridge, titled Walking In, Along and Under the Colors, is the vision of renowned French artist Daniel Buren. Known for his use of bold, colorful designs, Buren’s work is expected to transform the entrance to South Beach into an engaging and visually striking landmark.
The pedestrian bridge and park are integral to the approval process for the nearby Five Park tower, which opened in November as the tallest building in Miami Beach. The park and bridge will serve as community-enhancing amenities, providing a seamless connection for pedestrians and showcasing the developer’s commitment to urban improvement.
Construction Timeline and Phases
Construction is set to unfold in several stages:
Temporary Fencing Installation: The first phase involves setting up temporary construction fencing to secure the site.
Utility Relocation: Crews will relocate underground utilities along Fifth Street to prepare for the next steps.
Foundation Excavation: In a few months, excavation will begin for the bridge pedestals on both the north and south sides of the causeway.
The anticipated timeline projects a completion date in the summer or fall of 2026, bringing a new landmark to life within just a few years.
Once completed, Walking In, Along and Under the Colors will not only enhance pedestrian access but also serve as a symbol of South Beach’s innovative and artistic spirit. As construction progresses, residents and visitors alike can look forward to an exciting addition to the city’s iconic landscape.
Vertical Construction Underway at Excel Miami
Exciting progress is being made at Excel Miami as vertical construction is now officially underway. The development will feature 427 modern apartments, adding to Miami’s growing skyline and offering new residential options in the heart of the city.
Shawmut Design and Construction, a nationally recognized construction management firm with an impressive $2 billion portfolio, announced on December 10th that it had broken ground on the project. The groundbreaking ceremony took place on December 9th, marking a significant milestone in the development’s timeline.
During the ceremony, Shawmut highlighted the next steps, which included completing a mat foundation pour within weeks and installing a tower crane. As of January 5th, photos captured by Ryan RC Rea confirm that the tower crane is now in place, signaling the start of vertical construction.
Excel Miami is being developed by Clearline Real Estate, with its Founder and CEO Jenny Bernell leading the project. The groundbreaking event was attended by an esteemed group of individuals, including Miami Mayor Francis Suarez, Commissioner Damian Pardo, Shawmut CEO Les Hiscoe, Shawmut’s Florida Division head Alexis Leal, and members of the project team.
The launch of this ambitious project underscores Miami’s thriving real estate market and the city’s appeal as a hub for luxury residential developments. With Shawmut’s expertise and Clearline’s visionary leadership, Excel Miami is poised to become a standout addition to the cityscape.
The Helm: A $500M Game-Changer in Miami’s Design District
Miami’s Design District is set to welcome a monumental new development that will redefine urban living and elevate the neighborhood’s status as a hub for innovation and luxury. Enter The Helm, a $500 million mixed-use tower that promises to bring a blend of residential, commercial, and retail spaces to this vibrant area.
Initially planned as a modest office tower back in 2022, the vision for the site has transformed significantly. Thanks to Florida’s new Live Local Act, The Helm will now rise 36 stories high, offering a combination of luxury residences, affordable housing, office spaces, retail, and dining. This ambitious project is being developed by Helm Equities and designed by renowned architecture firm Cube3.
The Helm’s impressive scale and thoughtful design will include:
162 Branded Residences: Luxurious homes designed for sophisticated urban living.
116 Income-Restricted Live Local Rental Apartments: A nod to the importance of affordable housing within the city.
83,338 Square Feet of Office Space: Providing state-of-the-art work environments for businesses.
48,111 Square Feet of Retail & Dining: Creating a dynamic space for shopping and culinary experiences.
620 Onsite Parking Spaces: Ensuring convenience for residents, workers, and visitors.
The building’s massing will be oriented towards the Brightline tracks and the highly anticipated Northeast Corridor train station, making it a transit-friendly addition to the district.
The Helm represents more than just a building; it’s a symbol of Miami’s growth and adaptability. By incorporating income-restricted rental units, the project aligns with the goals of the Live Local Act, which aims to address housing affordability while fostering community development.
With its proximity to key transit lines, The Helm will also support Miami’s push for a more connected and sustainable urban environment. This blend of accessibility, luxury, and affordability makes The Helm a standout addition to the city’s skyline.
Helm Equities and Cube3 have envisioned a structure that not only meets the needs of today’s residents but also anticipates future urban trends. From its sleek architecture to its versatile mixed-use spaces, The Helm is set to become a landmark in the Design District and a benchmark for future developments in Miami.
Historic Land Acquisition in Brickell: Oak Row Equities and Mariposa Real Estate Plan Transformative Development
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.
Redefining Attainable Luxury in Miami by YAKOL Capital
In a bold move to redefine urban living, YAKOL Capital is teaming up with acclaimed Japanese architect Shigeru Ban to bring an innovative “attainable” condo development to Miami-Dade County. Aptly named House, this 320-unit project aims to strike a balance between luxury and accessibility, with residences priced at approximately $1,100 per square foot. The smallest units will start in the low $300,000s, making this project an attractive opportunity for first-time buyers, investors, and those seeking high-quality living spaces at competitive prices.
Construction for House is set to begin in 2026, and the development offers a significant incentive for international investors. Through the EB-5 visa program, investors can secure a pathway to U.S. residency while supporting a transformative project in a burgeoning market.
House’s strategic focus goes beyond just real estate. By prioritizing sustainability and well-being, the development is set to feature a “biophilic” design that fosters a deep connection between residents and nature. This design philosophy aligns seamlessly with Shigeru Ban’s reputation for creating structures that harmonize with the environment.
House’s biophilic design will incorporate elements like natural light, green spaces, and sustainable materials to enhance the living experience. By embracing this approach, YAKOL Capital is not only investing in the aesthetics of the building but also in the mental and physical well-being of its future residents.
The site for House, located at 237 N.E. 54th Street, Miami, FL, 33137, spans 1.16 acres and was acquired in 2023 by Toussaint Ateliers Residences for $6.57 million. Currently occupied by a low-rise, multi-family dwelling built in 1965, the property’s redevelopment will transform it into a landmark in Miami-Dade County.
The site’s T5-O zoning designation and its position in a Qualified Opportunity Zone offer additional financial incentives for investors and developers. Google Earth renderings highlight the property’s potential to become a thriving residential hub, perfectly aligned with the neighborhood’s growth trajectory.
House is just one of YAKOL Capital’s ambitious ventures in South Florida. The developer is also planning a mixed-use project featuring 700,000 square feet of new construction, blending residences with ground-floor retail. Collaborating with Netherlands-based architectural firm MVRDV, YAKOL Capital continues to push the boundaries of innovative, community-focused design.
House is poised to redefine attainable luxury in Miami-Dade County. With its biophilic design, sustainable approach, and strategic location, it represents a forward-thinking model for urban living. Coupled with its potential to attract global investors through the EB-5 visa program, this project highlights YAKOL Capital’s commitment to creating transformative spaces that benefit both residents and the community at large.
Ytech Secures $19.5 Million Predevelopment Loan for Ultra-Luxury Brickell Project
In a major step forward for Miami’s Brickell neighborhood, Ytech has announced the securing of a $19.5 million predevelopment loan from Israel Discount Bank. The financing will facilitate the development of a new ultra-luxury condominium complex on two prime parcels located at 41 and 75 Southwest 15th Road, collectively referred to as 41 and 75 Broadway. The combined 0.3-acre site sits just two blocks west of Brickell Avenue and directly across from Mast Capital’s Cipriani-branded luxury condo development.
Demolition of the existing structures, which include a single-story multifamily building and a two-story office building dating back to the late 1940s and 1950s, is currently underway. Ytech, led by CEO Yamal Yidios, had assembled the parcels between 2018 and 2020 for a total of $8.2 million, according to property records.
“With the predevelopment loan secured and demolition underway, we are setting the stage for a transformative development at the Broadway assemblage, located at 41 and 75 Broadway. These milestones, along with the recent groundbreaking of The Residences at 1428 Brickell, exemplify Ytech’s commitment to delivering the most exceptional developments in Brickell,” said Yidios in a statement.
This announcement follows closely on the heels of Ytech’s groundbreaking ceremony last month for The Residences at 1428 Brickell, a 70-story luxury condominium tower that integrates solar energy into its design. Earlier this year, Ytech also secured $78 million to refinance its acquisition loan for the 1.1-acre site at 1428 Brickell Avenue, underscoring its ongoing investment in the rapidly evolving Brickell corridor.
While specific details of the new project at 41 and 75 Broadway remain under wraps, the secured predevelopment financing and progress in demolition suggest significant momentum for Ytech as it continues to expand its luxury residential portfolio in one of Miami’s most coveted neighborhoods.
Citadel’s Iconic Headquarters Set to Break Ground in Miami in 2025
Billionaire Ken Griffin has officially confirmed that Citadel is set to begin construction on its highly anticipated headquarters tower in the third quarter of 2025. Griffin, the founder of Citadel, emphasized that the new building will be “iconic not just for Miami, but for the entire world.” This bold statement reflects his continued commitment to establishing Miami as a premier destination for finance, innovation, and growth.
While acknowledging the “growing pains” that come with Miami’s rapid development—such as increasing traffic congestion and rising housing prices—Griffin remains optimistic. In an interview with Axios, he stated that these challenges are far preferable to the economic stagnation seen in other major cities.
Griffin also called on Miami’s leadership to address these issues proactively:
Expanding Transit Systems: Improved public transportation will help alleviate traffic woes and support the city’s expanding workforce.
Streamlined Construction Permitting: Simplifying the permitting process is essential to boosting housing supply and controlling escalating real estate prices.
By addressing these challenges, Griffin believes Miami can continue its trajectory as a vibrant, business-friendly city that attracts top talent from around the world.
Citadel’s headquarters will undoubtedly leave a lasting mark on Miami’s skyline and global reputation. With construction set to begin in 2025, anticipation is building for what promises to be an architectural and economic landmark.
Stay tuned for more updates as Miami’s transformation continues to take shape, one groundbreaking project at a time.
Rilea Group and Ciprés Set Record with $1.19 Million Retail Space Sale at The Rider Residences
In a remarkable transaction, Miami developers Rilea Group and Ciprés have sold a 702-square-foot retail space at The Rider Residences for $1.19 million. Located at 94 NE 29th Street, where Midtown meets Wynwood, the retail space commanded an impressive $1,700 per square foot, setting a new benchmark for the area, according to CoStar. The buyer, Sunkan LLC, secured this prime location ahead of The Rider’s groundbreaking, slated for early 2025, with completion expected in late 2026.
Representing the developers in the sale were Andres Andrade and Jake Lecce of Cervera Real Estate, The Rider’s exclusive sales team. Ivana Trachter of EXP Realty represented the buyer in this record-setting deal.
Diego Ojeda, President of Rilea Group and Owner of Ciprés, highlighted the significance of this sale: “This sale is more than a milestone for us; it represents a pivotal moment for Wynwood. Being part of the Wynwood Business Improvement District allows us to contribute to the neighborhood’s dynamic evolution. We’re thrilled to see The Rider attracting innovative investors and businesses.”
Sunkan LLC’s Alejandro Kacheroff, the visionary behind OPTIUSA, a luxury eyewear brand, and Wynwood’s Michelin-recognized Ossobuco restaurant, also expressed his enthusiasm:
“Wynwood is a hub of creativity and culture, the perfect location for OPTIUSA’s expansion. This isn’t just about growing our brand—it’s about embedding ourselves in a vibrant community that values quality and innovation.”
A New Standard of Design and Connectivity
The Rider Residences, designed by Miami’s Deforma Studio with interiors by RADYCA, will offer fully furnished turn-key residences. The units, ranging from 386 to 1,612 square feet, include studios, 1-, 2-, and 3-bedroom options, with select layouts featuring dens and half baths. Prices start at $400,000 and extend to $1.8 million, catering to a diverse array of buyers.
Adding to its appeal, The Rider will be just one block from Wynwood’s upcoming high-speed rail station on 27th Street. This transportation hub promises car-free access to popular destinations, including Aventura, Fort Lauderdale, Boca Raton, and Orlando, ensuring unparalleled connectivity.
A Visionary Collaboration
The Rider is a joint venture between Rilea Group and Ciprés, the latter a burgeoning real estate firm led by Rilea Group’s Diego Ojeda. With a commitment to refined elegance and innovation, the partnership aims to redefine luxury living in South Florida. Ciprés is also spearheading a 324-unit multifamily project in Port St. Lucie, further diversifying its portfolio.
Rilea Group’s influence extends next door with Mohawk at Wynwood, a 12-story multifamily development offering 300 units and 31,000 square feet of retail space. Together, these projects solidify the developers’ impact on Wynwood’s urban landscape.
The sale of this retail space is a testament to Wynwood’s continued growth and The Rider’s potential to shape the neighborhood’s future. With innovative design, strategic location, and a vision for community integration, The Rider Residences are set to become a defining feature of Miami’s luxury real estate scene.
Excel Miami Breaks Ground: A New Era for Miami’s Arts & Entertainment District
The skyline of Miami’s Arts & Entertainment District is set to welcome a striking new addition. Shawmut Design and Construction, in partnership with Clearline Real Estate, has officially broken ground on Excel Miami, a 24-story residential tower located at 1550 NE Miami Place. With plans to bring 427 rental apartments to the area, the development aims to address the city’s increasing demand for diverse housing options.
The tower, conceptualized by the visionary firm Arquitectonica and executed with LEO A DALY as the architect-of-record, promises to deliver an array of thoughtfully designed units. Future residents can choose from studios, one- and two-bedroom apartments, or one of the 13 unique townhouse lofts. These residences, ranging in size from 400 to 1,000 square feet, are tailored to accommodate a variety of lifestyles.
On the sixth floor, residents will find a comprehensive suite of amenities designed to elevate everyday living. Highlights include:
A resort-style pool
An inviting yoga deck
A fully equipped fitness center
Flexible coworking spaces
A film screening room
State-of-the-art podcast suites
Conveniently situated near the Metromover School Board Station, Excel Miami prioritizes accessibility and walkability, fostering a connected urban lifestyle in the heart of the district.
A Tower Adorned with Art
Excel Miami will stand out not only for its architecture but also for its artistic contribution to the cityscape. Renowned graffiti artist Claudia ‘MadC’ Walde will grace the tower’s façade with a large-scale mural. This collaboration underscores the project’s alignment with the artistic spirit of the district, making it a cultural as well as a residential landmark.
The groundbreaking event brought together prominent figures who celebrated the vision behind Excel Miami:
Alexis Leal, Head of Florida at Shawmut Design and Construction
Les Hiscoe, Shawmut CEO
Jenny Bernell, Founder and CEO of Clearline Real Estate
Francis Suarez, Miami Mayor
Damian Pardo, District 2 Commissioner
Alec Muñoz, Clearline’s Vice President of Development & Construction
“Excel Miami is more than just a development; it’s a statement of progress and possibility for Miami,” remarked Jenny Bernell, Clearline’s Founder and CEO. “This project is designed to meet the needs of today’s residents while embracing the cultural vibrancy that defines the Arts & Entertainment District.”
As construction kicks off, major milestones such as the mat foundation pour and the installation of the tower crane are expected in the coming weeks. These pivotal steps signal the rapid advancement of a project poised to redefine the neighborhood’s residential offerings.
Excel Miami is set to not only enhance the skyline but also enrich the community it serves. With its unique blend of design, amenities, and artistic integration, this development is a true reflection of Miami’s evolution as a global city. Keep an eye on this space for updates as the project unfolds in the dynamic Arts & Entertainment District.
Exciting progress is being made at Excel Miami as vertical construction is now officially underway. The development will feature 427 modern apartments, adding to Miami’s growing skyline and offering new residential options in the heart of the city.
