Development News

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Development News
The Rider Residences, Miami’s highly anticipated luxury boutique condominium, has officially broken ground. Located at 94 NE 29th Street at the crossroads of Miami’s vibrant Wynwood, Midtown, Edgewater, and Design District neighborhoods, the 12-story development is a collaboration between renowned South Florida real estate developer Rilea Group and Miami-based Ciprés.
On February 12, 2025, PROFILEmiami hosted the second annual PROFILE Design Summit Presented by Pedini by Daruso Designs at Flexform Miami. The lush setting of the Flexform furniture showroom in Midtown Miami became a bustling hub and a memorable evening for South Florida's top minds in design and real estate which brought together over 300 industry professionals.
In a landmark transaction that has set a new benchmark for real estate on Allison Island, Karlton Companies has sold a stunning waterfront spec-mansion which was completed last year for $31.5 million, eclipsing previous records in Miami Beach.
Madar Group USA and ASR Construction alongside Douglas Elliman celebrated the much-anticipated groundbreaking for The Mansions on Fisher Island. Hosted by esteemed Douglas Elliman agents Fredrik Eklund and Dina Goldentayer, the exclusive event welcomed VIP brokers and their guests to witness the unveiling of a residential enclave set to redefine waterfront living.
American Landmark Apartments, one of the nation’s top apartment owners and operators, and BH Group, a Miami-based real estate investment firm, celebrated the groundbreaking of The Current at City Center, a 350-unit apartment community located on the site of Southland Mall in the southern Miami-Dade Town of Cutler Bay.
On January 29, 2025, the Allen Morris Company, one of Miami’s most distinguished real estate firms, celebrated the official launch of sales for Ponce Park Residences in Coral Gables with a sumptuous event at Michelin-starred Chef Thomas Keller’s Bouchon Bistro.
In a remarkable transaction that underscores the desirability of waterfront luxury real estate, Alba Palm Beach has officially sold its final premier townhome for an impressive $10,660,000. This landmark sale marks a significant milestone for the exclusive development, renowned for being the only condominium offering waterfront townhomes in West Palm Beach.
International real estate developer Multiplan Real Estate Asset Management (REAM) has broken ground on Ocean House, an exclusive collection of 25 ultra-luxurious residences in the heart of Surfside. This milestone signifies the start of construction following Ocean House’s sales launch in August 2024.
The City of Miami Beach, in partnership with developers Terra, led by David Martin, and GFO Investments, led by Russell Galbut, have broken ground on the colorful pedestrian bridge that will soon welcome millions of visitors who enter Miami Beach along 5 Street.
Aprea, led by Andy Penev, announced today that demolition has begun at the future site of The Avenue, a sprawling mixed-use project planned at the gateway to downtown Naples on prestigious 5th Avenue between 5th and 6th Avenues and 9th and 11th Streets.
NoMad Residences Wynwood, the first-ever residential property for the world-renowned NoMad Hotels brand, is one step closer to redefining Wynwood’s art-driven lifestyle. Envisioned by Related Group and Tricap, the hospitality-infused condominium is now entering the final straight of its development process, with completion slated for late 2025.
Casa Bella Residences by B&B Italia, envisioned by development powerhouses Related Group and Alta Developers, is making impressive strides toward completion. With vertical construction set to be completed in the summer of 2025 and nearly 90% of homes now under contract, the shimmering waterfront tower is quickly becoming the most eagerly anticipated address in Downtown Miami’s vibrant Arts and Cultural District.
Miami-based real estate development firm MG Developer and co-developer Vertical Developments, have launched sales for Alhambra Parc, a highly anticipated mixed-use development in the heart of Coral Gables.
Tenants of Miami’s newest office building can begin their workdays commuting by boat, along Biscayne Bay and enjoy spectacular views from the rooftop overlooking the Magic City’s famed sunsets. One Kane, the newest trophy Class A office building to rise in Miami’s Bay Harbor Islands, is offering a series of first-in-market amenities that include reserved dock slips and a boat valet, private office balconies, in office private dining, etc.
Development firm Ytech, led by Yamal Yidios, have received master permit approval for The Residences at 1428 Brickell. This approval marks a significant milestone for Ytech in the greater development of The Residences at 1428 Brickell which has seen strong sales since launching in January 2023.
duPont REGISTRY Group (DRG), the trailblazer in the luxury and exotic automotive ecosystem, has partnered with Fortune International Group, a leader in high-end real estate development that’s created more than 30 stunning buildings, and the iconic Italian design house Pininfarina, with its unique history of designing unforgettable cars.
Domus Brickell Park – the widely-anticipated, short-term-rental-friendly condominium in the West Brickell enclave of Miami’s buzzing financial district – has officially topped-off construction at 12 stories.
Alana Bay Harbor Islands proudly announces a significant milestone as it has officially received its Temporary Certificate of Occupancy (TCO) on February 6, 2025. Nestled amidst the serene Caribbean-blue waters and a charming neighborhood atmosphere, Alana is a stylish and intimate residential retreat.
Leading Miami-based luxury home developer Sabal Development & Sabal Luxury Builder, led by Pascal Nicolai, have sold their stunning new modern tropical waterfront estate they developed located at 1369 N Venetian Way for $20,625,000.
On the heels of securing a $273 million construction loan, Witkoff Group and PPG Development have officially broken ground on The Residences at Shell Bay, a new condominium set within a 150-acre Mediterranean-inspired enclave.
Miami-based real estate development firms Constellation Group, Vietmar and The Boschetti Group marked a significant milestone with the groundbreaking of Ella Miami Beach, the 10-story boutique condominium that promises to redefine luxury living in the heart of North Beach.
In the dynamic landscape of luxury real estate and construction, J Angelo’s Design Group is making a notable impact by transforming how properties are visualized, designed, and marketed. Founded in 2021 by two passionate designers, this South Florida-based architectural visualization company brings a fresh and personalized touch to the industry, specializing in 3D renderings for high-end luxury.
David Martin’s development firm Terra and the Meruelo family are moving forward with plans to redevelop the former Deauville Beach Resort site in Miami Beach after receiving a unanimous recommendation from the city’s planning board in yesterday’s meeting.
The Residences at Mandarin Oriental has officially unveiled its impressive array of amenities, boasting over 100,000 square feet dedicated to high-end leisure and relaxation. Developed by Swire Properties, the project features a multi-tiered, resort-style podium surrounded by lush landscaping.
The luxury real estate market in Bay Harbor Islands has reached a new milestone with the record-breaking $17 million sale of La Maré Bay Harbor’s penthouse. Elegantly positioned atop 9927 E Bay Harbor Drive, this 8,000-square-foot waterfront penthouse embodies the pinnacle of sophisticated living.
The Perigon has revealed ‘The 01 Collection’, a limited assemblage of extraordinary oceanfront residences at the ultra-luxury new condo seated on two acres of prime beachfront in Miami Beach. Designed by world-renowned architecture firm OMA alongside Tara Bernerd.
Casa Maranello, inspired by the design of the Ferrari brand, has closed for its full asking price of $55 million with Senada Adzem of Douglas Elliman representing both sides of the deal. This deal marks a record for the Delray Beach area for the highest price paid for a single family home. Developed by Aldo Stark, the undisclosed buyer is a US based prominent family.
Edge House Miami, the 57-story condominium introducing a fresh concept in luxury home-sharing to one of Miami’s most sought-after locales, has revealed new renderings of its beautifully appointed amenities and shared spaces. Nestled in the vibrant Edgewater neighborhood between Downtown Miami and the Design District, the Kobi Karp-designed building combines unrivaled connectivity to the city’s top attractions.
When it comes to creating transformative real estate projects that combine innovation, luxury, and thoughtful design, real estate developer Alexis Bogomolni of ABH Developer has supplanted himself as one of Miami’s most active developers shaping the future of South Florida living. With 1,500 units currently in the pipeline, from high-end boutique residences like the waterfront AIRE Residences
Focus, a seasoned real estate development and construction firm, and Group Fox, a family-owned property and asset management firm, both headquartered in Chicago, have received administrative site plan approval for their latest project, the 517-unit Brickell Starlite apartment tower. This milestone sets the stage for the development of a 39-story luxury high-rise in the heart of Miami’s Brickell neighborhood.