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.