6 Miami Developments to Watch This Spring
Apr 7, 2022 | By: Ameena Walker
From sales launches and rendering reveals to groundbreakings and closings, condominium developments across Miami are making strides this spring toward welcoming residents. Last year, the South Florida city witnessed a 45.2% year-over-year jump in existing condominium sales, with sales of existing luxury condominiums priced from $1 million increasing an astounding 96.5% year over year, according to the Miami Association of Realtors, Miami-Dade County.
Needless to say, the market’s on fire and developers are responding with the kind of high-end developments that are getting snatched up quickly. Here are just a few of the projects that prospective buyers should keep an eye out for this spring.
Cipriani Residences Miami
Miami-based developer Mast Capital is partnering with luxury hospitality powerhouse Cipriani to bring the brand’s first ground-up development to the U.S. market. Designed by Arquitectonica, Cipriani Residences Miami will rise 80 stories in the Brickell neighborhood and will deliver 397 one- to four-bedroom residences priced from $1.1 million. Once complete in 2025, the tower will feature a glassy curved facade with floor-to-ceiling windows, 10-foot ceiling heights, and views of Biscayne Bay.
Residences offer a terrace that is accessed through the primary bedroom and the great room, eat-in kitchens with custom Italian cabinetry, and customizable flooring options. A residents-only restaurant, elevated pool deck with two swimming pools, fitness center, children’s playroom, and hair salon are among the building’s high-end perks.
St. Regis Residences, Miami
Related Group and Integra Investments are bringing a pair of St. Regis-branded luxury condominium towers to Miami’s Brickell neighborhood. The two buildings of the St. Regis Residences, Miami will rise 47 and 48 stories on the waterfront and are being designed by Robert A.M. Stern and his New York-based firm RAMSA, in collaboration with the Rockwell Group.
Prices at the 354-residence development will start at $2 million for a 1,300-square-foot home and reach upwards of $40 million for a 7,000-square-foot duplex. The amenity package includes an open-air exercise deck, a sky-level bar with views of Biscayne Bay, multiple pools, and a cognac room.
Miami Beach’s forthcoming ground-up oceanfront development The Perigon recently launched sales (starting at $3 million) on its 82 condominiums. The 17-story building will rise at 5333 Collins Avenue and is the city’s only preconstruction project being built directly on the sand.
Residences within the OMA New York-designed glass building will range from two to four bedrooms and span from 2,100 to 6,700 square feet. Residences will boast 10-foot ceilings, custom Italian cabinetry, wraparound terraces, and unparalleled views of the Atlantic Ocean. Interiors are being designed by Tara Bernerd, and developers Mast Capital and Starwood Capital Group opted for amenities that include a swimming pool overlooking the beach, landscaped deck with cabanas, sunrise lounge, fitness center, children’s playroom, screening room, and exclusive dining spaces for residents. Completion is anticipated in 2025.
Vita at Grove Isle
A six-story boutique condominium development is taking shape on Grove Isle’s last remaining waterfront parcel, just off the shore of Miami’s Coconut Grove neighborhood. Vita at Grove Isle will bring 65 residences to the gated private island, complete with private elevators, Italian-designed open kitchens, soundproof walls, and waterfront terraces. The apartments will come in three- and four-bedroom options ranging from 2,500 to 6,500 square feet, along with 12 duplex penthouses ranging from 3,400 to 6,600 square feet.
Vita at Grove Island will offer residents an exclusive wellness center, a bayfront pool and bar, tennis courts, and a children’s playground. Developer Ugo Colombo of CMC Group is behind the project and CallisonRTKL is the architect of record. Sales are expected to launch in April, with prices starting at $4 million. Vita at Grove Isle is anticipated to make its debut in 2024.
Casa Bella Residences by B&B Italia
Revered Italian furniture company B&B Italia is partnering with Related Group and Alta Developers on its first branded residential project. Casa Bella Residences by B&B Italia will stand 55 stories and offer 312 condominiums in Downtown Miami.
Arquitectonica created the building’s design while B&B Italia will offer move-in ready residences for interested buyers who want to work with the brand to outfit their homes. Famed Italian designer Piero Lissoni’s Lissoni New York is on interiors.
Prices start at a relatively modest $550,000 for a 711-square-foot home with one bedroom, and go as high as $2 million for a four-bedroom spanning almost 2,200 square feet. There are four upper penthouses bedecked with 12-foot ceilings and wraparound terraces that overlook Biscayne Bay, along with another 20 residences deemed penthouse homes.
Two floors will be dedicated entirely to amenities like coworking spaces, a wine vault and tasting lounge, a lap pool, and a rooftop pool with a bar and Mediterranean cafe. Completion is projected for 2025.
Zyscovich Architects designed the Diesel-branded condominium building in Miami’s colorful Wynwood district. The eight-story building brings 159 micro-studio to three-bedroom homes to the neighborhood. Prices at Diesel Wynwood will run the gamut, starting at $400,000 for a 395-square-foot residence and asking as much as $6 million for a three-bedroom, three-bathroom home measuring over 4,100 square feet.
The development is the work of international firm Bel Invest and marks the world’s first residential project with the clothing company’s furniture house, Diesel Living. The residences will boast industrial flair with 11-foot concrete ceilings and decorative mesh, accompanied by Italian Berti wood flooring, custom kitchen cabinetry, and Miele appliances. There are 14 penthouses with private terraces that come with the options of a hot tub and/or outdoor kitchen.
Amenities include a roof deck with a pool, a climate-controlled wine cellar, European-inspired spa with aromatherapy stations, and electric vehicle charging ports. Construction will begin soon, with completion scheduled for 2024.
Correction: A former version of this story included duplicate information about Cipriani Residences Miami at 1420 South Miami Avenue. LX Collection regrets the error.