Proper Hospitality, Rosso Development and Midtown Development announce the launch of Midtown Park Residences by Proper, a transformative luxury residential tower set within a $2 billion mixed-use development, poised to reimagine nearly 5 acres in the heart of Midtown Miami.

Meet our panelists! On April 10, 2025 PROFILEmiami is set to host our third annual ‘State of the Market’ event exploring Commercial and Residential real estate markets in Miami at the luxurious Modern Stones Showroom in Doral featuring a distinguished group of panelists who are some of the most active developers in South Florida.

National developer PMG, Michael Simkins’ Lion Development Group, and Marc Roberts Companies have secured $215 million in construction financing for 38 West Eleventh Residences Miami, a 44-story, 659-residence condominium in Miami’s Park West neighborhood.

Prominent art collectors and esteemed New York attorney Ian Krawiecki Gazes, whose friends include Keith Haring, alongside his husband, Serge Krawiecki Gazes, have unveiled their luxurious Coral Gables mansion to the market, priced at $16,700,000.

Sales have passed 50% at Alta Developers’ Cassia – The Residences at Coral Gables, following its groundbreaking last month, with construction moving forward quickly. Located in the vibrant Merrick Park District at 4011 Salzedo St., the development has already attracted significant interest, reflecting the excitement around this exceptional new addition to the area.

International developer Grupo T&C has officially broken ground on Edge House Miami, an innovative 57-story luxury home-sharing condominium set to further elevate the city's buzzing Edgewater neighborhood. The project represents a dynamic approach to urban residential living, seamlessly fusing world-class design with effortless flexibility.

14th Street Miami Developers LLC has announced that 14 ROC, a 32-story luxury condominium in Downtown Miami, will convert to contract at 20% sold with sales led by Miami-based Cervera Real Estate. This significant milestone follows the development's successful launch in July 2024, reflecting exceptional buyer demand and growing interest in flexible short-term rental properties in Miami's urban core.

DAMAC International’s initial foray in the U.S., The Delmore, a 12-story, ultra-luxury boutique oceanfront condominium, has reached a new stage of its construction process with the imminent commencement of the deep-soil mixing (DSM) process.

Following its overwhelming success in New York City and Milan, Casa Cipriani, the latest private club experience founded by the four-generation international hospitality family, is expanding its vision to Miami Beach. Casa Cipriani Miami will be developed by Miami-based 13th Floor Investments and New York- based Midtown Equities.

Miami-based real estate development firms Constellation Group, The Boschetti Group and Vietmar have closed on a $42.3 million construction loan for Ella Miami Beach, a 10-story boutique condominium in the heart of Miami’s North Beach neighborhood.

Proper Hotels has revealed a first look at their $100 million renovation of the iconic oceanfront hotel, The Shelborne, on Miami Beach’s iconic Collins Avenue. The Shelborne by Proper is set to open in May, welcoming guests once again to the historic Miami Beach landmark.

On March 19, 2025 Constellation Group and Boschetti Group hosted a lavish launch event for CORA Merrick Park at Perry’s Steakhouse in The Shops at Merrick Park in Coral Gables. Developers Eduardo Otaola from Constellation Group and Jose Boschetti from Boschetti Group presented their new condo alongside Jay Phillip Parker, CEO of Brokerage, Douglas Elliman’s Florida Region and President of Douglas Elliman Development Marketing, who are overseeing sales at the project, and interior designer Giancarlo Pietri of Urban Robot Associates.

Miami- and New York-based real estate developer Baron Property Group (“BPG”) have closed on $206 million in construction financing for Metro Parc North, a new ground-up residential multifamily development in Hialeah, FL.

Leading commercial real estate investment and development firms Constellation Group and The Boschetti Group have launched their latest venture, CORA, a groundbreaking mixed-use boutique building where wellness meets home in Coral Gables’s Merrick Park.

Allen Morris Company, one of the leading real estate firms in the Southeast U.S., has launched sales at Ziggurat, a mixed-use development that will enhance the heart of Coconut Grove, while ensuring homage to the area’s deep history and heritage.

Integra Investments, a Miami-based multi-disciplinary real estate investment and development firm, along with co-developer Flying Point, have revealed Sereno Fort Lauderdale. The exclusive collection of 76 upscale residences offers views of Fort Lauderdale’s pristine coastline, bringing a new level of sophisticated living to the area.

SERHANT. New Development, the dedicated division for the sales, leasing and marketing of new development projects at SERHANT., has announced the sales launch of 29 Indian Creek, a meticulously curated collection of 20 one-and two-bedroom luxury condominium residences with two extraordinary two-story townhomes in the heart of the ultra-luxury Faena District on Miami Beach.

Construction is progressing swiftly at PMG’s Waldorf Astoria Hotel & Residences Miami, an iconic project poised to redefine the Miami skyline as the city’s first supertall tower. This architectural marvel will stand 100 stories tall and reach heights of 1,049 feet, making it the tallest residential building south of New York City.

Maple Hospitality Group, the visionary team behind acclaimed restaurants Maple & Ash, Eight Bar, Monarch, and Kessaku, has opened the Miami location of its flagship award-winning concept, Maple & Ash, in Downtown Miami’s Miami Worldcenter.

Real estate developer James Curnin and his wife Jennifer have sold their stunning waterfront mansion on La Gorce Island in Miami Beach for a record setting $60 million. The sale establishes a new record for the price per square foot of single-family homes in the Miami Beach area, soaring to $6,224 PSF.

Savanna, a New York-based vertically integrated development firm, has locked down $380 million construction financing for Olara, a residential condo tower in downtown West Palm Beach's on North Flagler along the Intracoastal Waterway.

MIKA by six Michelin-starred chef Michael White has revealed its lavish new interiors by Bishop Design at The Plaza Coral Gables. White's first standalone venture in Miami, in partnership with Alex Pirez and Matt Safchik, MIKA highlights his classic approach to coastal flavors, blending the bounty of Italy, France, and beyond with South Florida’s exceptional seafood and produce.

136 Paloma Drive, a lavish waterfront estate in Coral Gables’ exclusive Cocoplum community, has hit the market for $11.995 million with the unique option to also purchase the seller’s $1.5 million yacht. The estate seamlessly blending contemporary elegance with timeless sophistication.

Alta Developers has broken ground on Cassia Coral Gables, a new condominium located in Miami’s fashionable Merrick Park District at 4011 Salzedo Avenue. Showcasing a collection of 174 exquisite, fully furnished turnkey residences in a chic cosmopolitan setting, Cassia is designed by the award-winning architectural firm Behar Font & Partners.

Terra, a Coconut Grove-based real estate development firm led by David Martin, and Sympatico Real Estate, a Palm Beach-based firm owned by the Morrison family, are set to commence construction on Mr. C Residences West Palm Beach at 65% sold.

National developer PMG and E11EVEN® Partners have topped off E11EVEN® Club Hotel & Residences Miami in Downtown Miami’s Park West District 11 neighborhood, bringing residents one step closer to experiencing its one-of-a-kind resort-style, entertainment-driven experience.

Mexican racing legend Sergio ‘Checo’ Pérez, famously known for his six Grands Prix victories across 14 seasons in the Formula One World Championship (F1), is now in contract for a luxury condominium at The St. Regis Residences, Miami (The Residences).

Arbor Residences in Coconut Grove has now reached 50% sold. Since launching sales early last year, Arbor has achieved over $33 million in transactions, with an uptick in buyer activity since early 2025. This milestone underscores the growing demand for well-priced, newly built luxury residences in one of Miami’s most sought-after neighborhoods.

BH Group and Lennar have broken ground and started construction on Greenview at Presidential, a luxury 103-single-family home community near Aventura, nearly 17 years after litigation with neighboring homeowners stalled the project.