In the heart of Miami’s rapidly growing Arts + Entertainment District, a new residential tower called Uni is redefining what affordable housing can look like. The 28-story development blends contemporary design, upscale amenities, and income-restricted pricing to deliver a rare mix of luxury and attainability. With a mission rooted in accessibility, Uni was built to serve working professionals and essential community members who want to live close to Downtown Miami without paying market-rate rents.

Uni offers 252 residences across a mix of studio and one-bedroom layouts, each designed with modern finishes and efficient use of space. The building’s units are available exclusively to residents who meet specific income thresholds based on the Area Median Income (AMI) for Miami-Dade County. Renters earning between 60% and 140% of the AMI—which currently equates to household incomes between approximately $47,000 and $111,000 annually—are eligible to apply. This includes teachers, first responders, healthcare workers, and other professionals who are often priced out of newer apartment towers in Miami’s urban core.

Unit Floor Plans and Pricing

Uni’s residences are compact, thoughtfully designed, and competitively priced for their location. Studios start at $2,1700 per month, while one-bedroom apartments begin near $2,323 per month. Floor plans range from approximately 483 to 733 square feet, with select corner layouts offering city or bay views. Each apartment comes equipped with modern kitchens, energy-efficient appliances, in-unit washer and dryer, and floor-to-ceiling windows that maximize natural light.

Building Amenities

Despite its affordability model, Uni doesn’t compromise on lifestyle or amenities. Residents enjoy access to a full suite of community spaces designed around health, convenience, and social connection. The building includes a fitness center, yoga and wellness room, resort-style pool deck, club lounge, coworking area, and event space. Outdoor terraces feature lush landscaping and lounge seating, while a ground-floor retail component activates the street level. Secure parking, bicycle storage, and high-speed elevators round out the building’s offerings, creating a complete urban living experience.

A Location That Connects Everything

Positioned at 1642 NE 1st Avenue near Canvas and Parc Lofts, Uni sits at the crossroads of several of Miami’s most vibrant neighborhoods. The building’s location places residents within walking distance of the Adrienne Arsht Center for the Performing Arts, Museum Park, and Biscayne Bay. Downtown Miami, Edgewater, and Wynwood are just minutes away, while major transportation options—including the Metromover, Brightline, and I-95—are easily accessible. This central location makes Uni particularly appealing to those who work in or near the city’s urban core but seek a more attainable rent structure.

Who Qualifies

Because Uni is part of Miami’s workforce housing program, eligibility is based on household income relative to the county’s AMI. Applicants earning no less than 60% and no more than 140% of the AMI can qualify, depending on household size and unit type. This tiered approach allows the building to accommodate a wide range of residents, from entry-level professionals to mid-career earners. Applicants are required to provide income verification, complete a background check, and meet standard leasing requirements.

The Future of Attainable Urban Living

Uni represents a growing movement toward attainable housing in urban Miami—projects that combine the design quality and amenities of market-rate towers with rent structures that better reflect local wages. As demand for centrally located apartments continues to surge, Uni’s success could inspire similar developments across the city, offering a blueprint for sustainable, community-driven growth in the years ahead.

The post Uni Brings Attainable Luxury Living to Miami’s Arts + Entertainment District first appeared on Miami Condo Investments.

Miami’s acclaimed pizza hotspot Miami Slice is expanding to Coconut Grove, taking over the former Harry’s Pizza space at 2996 McFarlane Road. Known for its cult following and long lines at its original downtown location, Miami Slice has become synonymous with high-quality, New York-style slices crafted with precision and passion. The new Coconut Grove location marks a significant milestone for the brand as it continues to grow beyond its flagship in Downtown Miami.

The move into Coconut Grove represents a major win for the neighborhood’s ever-evolving dining scene. Once a quiet pocket of casual eateries, the Grove has transformed into one of Miami’s most dynamic culinary destinations, blending local charm with upscale, chef-driven concepts. Miami Slice’s arrival will fill a notable void left by Harry’s Pizza while introducing its signature approach—tight menus, elevated ingredients, and a modern aesthetic—to a community that values both quality and neighborhood spirit.

Unlike many pizzerias that aim to offer everything to everyone, Miami Slice has always thrived on simplicity and craftsmanship. Its dough undergoes an extended fermentation process before being double-baked to achieve a light, crisp texture with just the right amount of chew. The menu is expected to remain focused and intentional, featuring fan favorites such as the Margherita de la Casa, Pepperoni Proper, Leeks on Bacon, and Mushroom Truffle, alongside its famous house-made dips and sauces. The minimalistic menu has always been part of the brand’s charm—five core slices, one dessert, and a short but well-curated list of drinks—ensuring that every item is perfected.

The new space at McFarlane Road is considerably larger than Miami Slice’s compact downtown counter, which means fans can likely expect more seating, shorter wait times, and possibly even a few new surprises. Renovations are already underway to convert the former restaurant into a space that captures Miami Slice’s signature urban vibe—modern, high-energy, and unapologetically cool. While an official opening date has not yet been announced, the Coconut Grove outpost is projected to debut in 2026.

This expansion underscores Miami Slice’s growing influence and its ability to bridge Miami’s diverse culinary neighborhoods. Coconut Grove offers the perfect balance of foot traffic, local clientele, and a vibrant social scene—making it an ideal next chapter for the brand. For Grove residents and pizza enthusiasts alike, the arrival of Miami Slice promises not just another great place to eat, but a destination that continues to redefine what pizza can be in Miami’s ever-rising food culture.

The post Miami Slice Expands to Coconut Grove, Taking Over Former Harry’s Pizza Space first appeared on Miami Condo Investments.

Grammy Award-winning producer Timbaland (born Timothy Mosley) has officially sold his Coral Gables mansion at 5400 Hammock Drive for $14 million, marking a significant return on his original investment. Back in 2019, he purchased the 8,452-square-foot estate for roughly $9 million, making this sale one of the more notable real estate transactions in South Florida’s luxury market this fall.

The home, a tropical-modern masterpiece, spans 8,452 square feet and features seven bedrooms and eight and a half bathrooms. Inside, the residence includes a guest house, wine cellar, sauna, full-house generator, elevator, floor-to-ceiling windows, and a state-of-the-art smart-home system. Situated on nearly one acre in the exclusive Hammock Lakes enclave of Coral Gables, the property offers a rare blend of privacy, lush landscaping, and high-end architectural design.

Originally listed for $15.9 million, the home ultimately sold for $14 million — translating to about $1,656 per square foot. The buyers were reportedly Zeroisha and Beatrice Zapata, owners of COR Medical Centers and the 1-800-NO-FAULT network. The transaction was brokered by Diana Gutierrez of Mocca Realty and Alex Pirez also of Mocca Realty.

The sale represents a roughly 56 percent gain over Timbaland’s purchase price, highlighting continued appreciation within Coral Gables’ ultra-luxury housing market. It also underscores sustained demand for high-end properties offering space, design, and seclusion — factors that have drawn celebrities, athletes, and business leaders to the area. Recent record-breaking deals in nearby Gables Estates and Cocoplum have reinforced Coral Gables’ standing as one of Miami’s most desirable enclaves.

Timbaland, a longtime South Florida resident, has been active in the local real estate scene for years. He previously sold a Pinecrest mansion in 2019 and currently owns a double unit at Aria on the Bay in Edgewater Miami. With the Hammock Drive property now off his portfolio, this sale not only delivered a strong return but also reflects growing confidence among elite buyers in Coral Gables’ luxury market.

The post Timbaland Sells Coral Gables Mansion for $14 Million first appeared on Miami Condo Investments.

Brickell’s evolution into a world-class urban destination continues with the announcement of SIRO Brickell, the first U.S. outpost of Kerzner International’s wellness-driven hospitality brand. Following the $45 million acquisition of a prime site previously owned by Swire Properties, Kerzner has now revealed plans for a transformative mixed-use project that will blend fitness, recovery, and luxury living in the heart of Miami’s Financial District.

A New Kind of Urban Retreat

Scheduled to open in 2030, SIRO Brickell will feature 180 hotel rooms, 350 branded residences, and state-of-the-art fitness and recovery amenities. The project marks the fourth in SIRO’s expanding global pipeline—joining upcoming destinations in Los Cabos, Riyadh, and Tokyo—and will serve as a showcase for the brand’s mission to redefine hospitality through wellbeing, performance, and purpose-driven living.

According to Kerzner International CEO Philippe Zuber, “SIRO is our disruptor brand; designed to meet the evolving demands of a new generation of travelers who prioritize wellbeing, performance and purpose.” Miami, he added, offers the perfect stage for the brand’s U.S. debut.

Local Expertise, Global Vision

To bring the project to life, Kerzner has partnered with Miami-based 13th Floor Investments and Forse Holdings as local development partners. Both firms bring extensive experience shaping high-impact destinations across South Florida. 13th Floor, led by Managing Principal Arnaud Karsenti, has developed several transformative projects including Link at Douglas and Casa Cipriani Miami. “Brickell has become one of the world’s leading global destinations,” said Karsenti. “This makes it the ideal location to launch SIRO’s flagship project in the U.S.”

A Catalyst for Brickell’s Next Chapter

SIRO Brickell will rise at a time when Brickell is rapidly redefining itself as more than just a financial center. The neighborhood—home to some of Miami’s tallest towers, most exclusive residences, and a growing roster of world-class dining and retail—continues to attract global attention. The addition of a wellness-focused brand like SIRO further diversifies Brickell’s lifestyle offerings, catering to travelers and residents who value balance, health, and design-led living.

With its Fitness Lab, Recovery Lab, and community-centered residences, SIRO Brickell will contribute to the neighborhood’s growing walkability and live-work-play appeal, complementing the area’s ongoing transformation through projects like Cipriani Residences, The Residences at 1428 Brickell, 888 Brickell by Dolce & Gabbana, and The St. Regis Residences Brickell.

Kerzner’s Expanding U.S. Presence

The Miami debut of SIRO comes amid a wave of U.S. expansion for Kerzner International, whose other flagship brands include Atlantis, One&Only, and Rare Finds. Later this year, Kerzner will unveil One&Only Moonlight Basin Resort and Private Homes in Montana, followed by a new property in New York’s Hudson Valley—further cementing its reputation for redefining luxury and lifestyle experiences around the world.

The post Kerzner International Announces SIRO Brickell — a Wellness-Focused Landmark Coming to the Heart of Brickell first appeared on Miami Condo Investments.

Downtown Miami just got a major boost in wellness and walkability. Fitness International, LLC has officially opened its flagship Club Studio® location at Miami Worldcenter, marking the brand’s first Florida location and the 15th in the nation. The 38,000-square-foot facility debuts at the high-visibility corner of NE 2nd Avenue and 9th Street, introducing a cutting-edge fitness experience to the heart of Downtown Miami’s Park West neighborhood.

A Next-Level Fitness Experience

Designed for the modern fitness enthusiast, Club Studio Miami Worldcenter blends five boutique studio concepts—Strength, Box, Ride, Hot Yoga, and Pilates—under one roof. Each studio features premium equipment, expert instruction, and immersive lighting and sound environments that elevate every workout. Members also have access to a Cryotherapy and Recovery zone, massage beds, compression therapy, and Kalologie® Medspa services for full-body rejuvenation.

To refuel post-workout, guests can visit Beaming, a healthy marketplace offering nutritious meals, snacks, and drinks. A retail section rounds out the space, featuring apparel and essentials designed to complement an active lifestyle.

“Our corner location at Miami Worldcenter brings our full concept to life, giving members the complete experience,” said Nick Roberts, Chief Real Estate Officer at Fitness International. “With over 30 years of operating history in Miami, launching our first Florida Club Studio here feels both natural and exciting.”

A Game-Changer for Downtown Miami

Club Studio’s arrival signals more than just another gym opening—it represents a major step forward in making Miami Worldcenter and the surrounding Park West area more vibrant and walkable. The high-traffic location will draw residents, office workers, and visitors to the district’s expanding mix of retail, dining, and entertainment options.

“Club Studio’s arrival at Miami Worldcenter marks an important milestone for our development and for Downtown Miami as a whole,” said Nitin Motwani, Managing Partner of Miami Worldcenter Associates. “This is the type of forward-thinking concept that elevates our neighborhood and underscores why Miami Worldcenter is redefining the way people live, work, and play in the heart of the city.”

About Miami Worldcenter

Spanning 27 acres across 10 city blocks, Miami Worldcenter is one of the largest and most transformative mixed-use developments in the United States, valued at over $6 billion. The development combines luxury residences, retail, hospitality, entertainment, and public spaces—creating a dynamic, pedestrian-friendly urban destination that anchors Downtown Miami’s cultural core.

The project was developed by Miami Worldcenter Associates, led by Art Falcone and Nitin Motwani, in partnership with Los Angeles-based CIM Group.

Visit Club Studio Miami Worldcenter

Club Studio Miami Worldcenter is located at 850 NE 2nd Ave, Space 121, Miami, FL 33132. To learn more or to explore membership options, visit clubstudiofitness.com
or follow @clubstudiofitness on Instagram.

The post Club Studio Opens Flagship Fitness Destination at Miami Worldcenter first appeared on Miami Condo Investments.

As Miami’s skyline continues to evolve, Casa Bella Residences by B&B Italia is quickly emerging as one of the most compelling new construction opportunities in the city. Set in the heart of the Arts & Entertainment District, Casa Bella Residences is being developed by Related Group and Alta Developers, two names synonymous with excellence in Miami real estate. The 56‑story tower was envisioned by Arquitectonica and features interiors curated by Piero Lissoni in partnership with B&B Italia, blending timeless Italian design with Miami’s contemporary skyline.

Casa Bella will be home to 317 meticulously designed residences, all positioned to capture sweeping views of Biscayne Bay and the Atlantic Ocean. Delivery is projected for June 2026, making it one of the few new construction projects in Greater Downtown Miami with a near-term completion date — an ideal fit for buyers who don’t want to wait several years to move in.

Recently, I had the opportunity to tour the project during construction and capture exclusive footage from the 44th floor, offering a rare preview of the sweeping views residents will enjoy. In the video below, I’m joined by VP of Sales Daniela Gutierrez, who shares insights into the building’s layout, floor plan design, ceiling heights, and deposit structure. Notably, all standard residences feature 10-foot-high ceilings, with 11-foot-high ceilings in the Cielo Collection, and 24-foot double-height ceilings in the upper penthouses.

Pricing for remaining inventory:

• 1-bedrooms from $1.25M
• 2-bedrooms from $1.55M
• 3-bedrooms from $1.75M
• Penthouses from $4.6M

Casa Bella requires a 30% deposit with the balance due at closing (estimated June 2026). With limited inventory remaining and high buyer interest expected as we approach the busy winter season, now is an opportune time to explore this exceptional offering in Miami’s luxury condo market.

Watch the full video above for an exclusive look inside Casa Bella Residences.

Interested in Casa Bella Residences?
For up-to-date availability, pricing, and floor plans, contact me directly.

Lucas Lechuga
lucas@miamicondoinvestments.com

786.247.6332

The post An Exclusive Look at Casa Bella Residences: New Construction in the Heart of Miami first appeared on Miami Condo Investments.

A new wave of energy is coming to Miami’s Wynwood-Midtown corridor, where Rilea Group and Ciprés have secured a $90 million construction loan from Mexico’s Banco Inbursa to fund development of The Rider Residences, a 12-story, 146-unit luxury condominium slated for completion in 2027.

The financing, arranged by Javier Herrera of Franklin Street, signals strong international confidence in Miami’s boutique luxury condo market — particularly for projects that fuse design, culture, and technology.

A Boutique Vision Rooted in Art and Urban Culture

Following a February 2025 groundbreaking, vertical construction is set to begin later this year at 94 NE 29th Street, a site located steps from Whole Foods and across from Amazon’s upcoming Miami headquarters. Designed by Deforma Studio with interiors by RADYCA, The Rider draws inspiration from 1970s music, fashion, and film, pairing SoHo-style industrial architecture with Miami’s contemporary art-driven aesthetic.

“The Rider represents a new benchmark for design-driven living in Miami, blending architecture, art, and culture in a way that feels both distinctive and timeless,” said Diego Ojeda, Founder of Ciprés and President of Rilea Group. “Partnering with Banco Inbursa, one of the most respected names in international development finance, underscores the strength of this vision. Their confidence in The Rider reflects the project’s unique appeal, and our collaboration has been instrumental in bringing it to life.”

Residences at The Rider will be delivered fully furnished, ranging from studios to three-bedroom units (386 to 1,612 square feet) with pricing from the $500,000s to over $2.5 million. Buyers are responding to The Rider’s bold, art-driven lifestyle, with strong pre-sales activity fueled by demand from European, South American, and New York buyers. The project’s distinctive design, prime location, and flexible ownership model have helped generate significant early momentum in Miami’s competitive luxury condo market.

Design Details: Where Retro Meets Refined

Inside, RADYCA — known for its superyacht and high-end residential work — layers bold textures, mid-century furnishings, and a $1 million fine-art photography collection from Morrison Hotel Gallery and Iconic Images Gallery. Residences feature Bertazzoni appliances, Italkraft cabinetry, Cosentino Dekton countertops, and Porcelanosa bath fixtures, complemented by smart home technology and impact-resistant windows.

The building’s amenities are designed as an urban resort: a rooftop pool with skyline views, restaurant and speakeasy accessible via private elevator, pet spa, wellness center with cold plunges, infrared saunas, IV therapy, and a traditional Hammam/Turkish bath. Other highlights include private office suites, a hi-fi vinyl listening room, and a fleet of Harley-Davidson motorcycles, Vespas, and e-bikes available to residents.

Forward-Thinking Development Backed by Global Capital

The Rider marks one of the few Miami condo developments to accept cryptocurrency transactions, part of a growing push toward tech-integrated living. Its location — at the intersection of Wynwood, Midtown, Edgewater, and the Design District — places it at the epicenter of Miami’s creative and economic renaissance.

Banco Inbursa, part of Grupo Financiero Inbursa and majority-owned by billionaire Carlos Slim, has expanded its Miami footprint since 2008, financing several high-profile developments. The bank cited The Rider’s “distinctive design and visionary team” as key factors in its decision to back the project.

A Legacy of Miami Innovation

Rilea Group, founded in 1981, has developed over 10 million square feet of real estate in South Florida, including 1450 Brickell, The Bond on Brickell, and One Broadway. The Rider marks the first residential project under its Ciprés brand — a concept founded by Ojeda to blend European elegance with Miami’s contemporary creative energy.

Construction is being led by Beauchamp Construction, one of the region’s most experienced general contractors.

The post Ciprés and Rilea Group Land $90 Million Construction Loan from Banco Inbursa for The Rider Residences in Wynwood first appeared on Miami Condo Investments.

The skyline of Miami’s Brickell district just took another leap forward. Last week, developer Ytech and contractor Coastal Construction completed the foundation pour for The Residences at 1428 Brickell, a 70-story luxury condominium tower that is poised to become a new icon in the city’s high-rise landscape.

A Historic Pour: Size, Scale, and Logistics

• The continuous pour began on September 26 and lasted 33 uninterrupted hours, marking what is likely the largest mat foundation pour ever executed in Brickell.
• Over 13,000 cubic yards of concrete were placed.
• To maintain the flow, more than 1,300 concrete truck deliveries cycled between the site and the plant, while five placing booms managed the concrete distribution on-site.
• The foundation also incorporated 2,700 tons of reinforcing steel to anchor the future superstructure.

This kind of logistical orchestration—coordinating trucks, concrete mixing, boom placement, and continuous pour operations—is a feat of engineering and project management. It signals that the development team is confident in moving forward quickly into vertical construction.

Design, Sustainability & Residences

Here’s what we know so far about the design, residential layouts, and sustainability features:

• Developer & design team: Ytech (led by CEO Yamal Yidios) is behind the project. Arquitectonica is the architect, ACPV ARCHITECTS (Antonio Citterio Patricia Viel) is handling interiors, and ArquitectonicaGEO is in charge of landscape architecture.
• Height & units: The tower will rise to 861 feet and will house 189 residences, with unit sizes ranging from 1,800 to 4,000 square feet, all facing east toward Biscayne Bay.
• Facade & sustainability: The building features a flowing, wind-inspired façade and includes a “Solar Backbone”—approximately 500 photovoltaic-integrated windows spanning nearly 20,000 square feet along the west façade.
  • This solar system is projected to generate 175,000 kWh annually, offsetting around 4,700 tons of CO₂ and saving the equivalent of 3,000 barrels of oil each year.
• Amenities: A 80,000-square-foot wellness club is planned to support resident health and relaxation.

Why This Pour Matters

This foundation pour is more than a construction milestone—it sets the stage for the rest of the build. Successfully completing a massive mat pour demonstrates:

1. Technical competence and risk mitigation — the project team (developer, contractor, engineers) have shown they can coordinate a large, continuous operation without delay or major disruption.
2. Investor / buyer confidence — big foundational milestones often serve as a signal to the market that the project is well underway and viable.
3. Momentum for the Miami skyline expansion — in a market where height, luxury amenities, and sustainability are key differentiators, this project stakes a claim early.

Instagram Video of Foundation Pour

 

View this post on Instagram

 

A post shared by Jennifer Behar Cervera (@jencervera)

What to Watch Next

With the foundation now in place, the next phases will include:

• Erecting the structural frame (columns, core, slabs)
• Interior build-outs (mechanical, electrical, plumbing, finishes)
• Façade installation (glazing, solar-integrated windows)
• Landscaping, amenity construction, and site finishing

Given the pace already demonstrated, the development is one to watch among upcoming Miami luxury condo towers.

The post Milestone Achieved: Foundation Pour Completed for The Residences at 1428 Brickell first appeared on Miami Condo Investments.

Earlier this week, Newgard Development Group and Two Roads Development announced they have closed on a $513 million construction loan for One Brickell Riverfront, a multi-tower, mixed-use project that promises to redefine how Brickell connects with the Miami River. The loan marks a major milestone for both developers and underscores growing lender confidence in Miami’s luxury residential market—even amid high construction costs and elevated interest rates.

A New Chapter for the Riverfront

One Brickell Riverfront will eventually encompass three towers totaling roughly 2 million square feet of residential, hospitality, and retail space. The development includes two highly anticipated projects already under construction — LOFTY Brickell and The Standard Residences Brickell — both designed by Arquitectonica and featuring extensive riverfront amenities.

LOFTY Brickell will rise 44 stories and include 362 luxury condo residences, complemented by more than 40,000 square feet of amenities, including a private marina, co-working lounge, and rooftop pool. The project is already over 90 percent presold.

Next door, The Standard Residences Brickell brings the boutique-hotel brand’s first residential concept to Miami’s urban core. Rising 46 stories, the tower will offer 422 fully finished residences ranging from studios to two-bedroom layouts, all infused with the brand’s signature lifestyle aesthetic. Amenities include a rooftop pool deck, wellness center, and social lounge curated by The Standard team.

Both towers are expected to be delivered by August 2027, with a third tower — by Jay Roberts’ Prosper Group — planned for a later phase.

The Miami River’s Development Boom

The One Brickell Riverfront financing is part of a much larger wave of investment transforming the Miami River corridor into one of the city’s most dynamic growth frontiers. From the Brickell Bridge heading west along the Miami River, major projects are rising that blend luxury living, hospitality, culture, and public access.

Miami Riverbridge Project

On the north bank near Downtown, the proposed Miami Riverbridge project aims to completely reimagine the existing Hyatt Regency site into a vibrant, multi-tower destination. Plans call for over 1,300 residences, a 615-room Hyatt Regency, an additional lifestyle hotel, and 100,000 square feet of retail and restaurant space.
The project also includes 500 feet of new public Riverwalk, a skybridge restaurant, and expansive waterfront plazas designed to activate the pedestrian realm. Once built, Riverbridge could serve as a visual and cultural gateway linking Downtown Miami and Brickell.

Faena Residences Miami

Among the most ambitious is Faena Residences Miami, marking the brand’s expansion from Miami Beach to the mainland. Designed by the late architect Rafael Viñoly, the twin-tower project will feature 438 residences and a 45,000-square-foot cultural center. Located near the mouth of the river and Brickell City Centre, Faena’s move further solidifies the riverfront’s growing prestige.

The River District / Flow Brickell

Further west along the river, Chetrit Group’s River District recently saw a major shake-up when Flow (founded by Adam Neumann), Canada Global, and Yellowstone Trust acquired a controlling stake in the project for roughly $106 million. The rebranded Flow on the River envisions more than 1,900 residential units across a sprawling mixed-use campus anchored by a 54-story condominium tower. The deal represents one of the largest infusions of institutional capital along the Miami River and signals that the corridor’s potential remains far from fully realized.

Riverside Wharf and Dream Hotel

Further west along the Miami River, the Riverside Wharf development aims to transform an underused stretch of the river into a world-class entertainment and hospitality destination. Plans include restaurants, retail, nightlife venues, and a Dream Hotel Miami, all surrounding a revitalized section of the public Riverwalk. Once completed, it will serve as a social anchor connecting Downtown and Brickell’s waterfronts.

A Riverfront Renaissance in Motion

The Miami River has long served as the city’s working waterway — home to cargo ships, boatyards, and marine industries. Today, it’s being rediscovered as a lifestyle asset, where developers see value in combining urban convenience with waterfront living.

From The Standard Residences and LOFTY Brickell to Faena Residences, Riverside Wharf, and Flow on the River, the common thread is a desire to reclaim the river as a vibrant, connected public space. Many of these developments will extend the Miami Riverwalk, improving pedestrian access and bringing restaurants, marinas, and cultural venues closer to the water’s edge.

This evolution mirrors what happened in other global cities—like Chicago, London, and New York—where neglected industrial riverfronts have become thriving mixed-use destinations. In Miami’s case, the transformation is happening at a staggering pace, driven by developers with both deep local roots and global brands behind them.

Confidence in Miami’s Market

Securing more than half a billion dollars in financing for One Brickell Riverfront in 2025 demonstrates strong lender confidence in Miami’s luxury and branded-residence sectors. Despite rising construction costs and higher borrowing rates, demand for well-located, lifestyle-driven waterfront product remains robust.

With LOFTY Brickell and The Standard Residences Brickell already under construction — and other riverfront megaprojects moving ahead — the Miami River is poised to become the city’s next major development corridor. By the end of this decade, it could rival Biscayne Bay as Miami’s most sought-after waterfront address.

The post Newgard Group & Two Roads Development Secure $513 Million Loan for One Brickell Riverfront first appeared on Miami Condo Investments.

Credit: ONE Sotheby’s International Realty

International music superstar The Weeknd—whose real name is Abel Tesfaye—is under contract to purchase a luxury waterfront estate in Coral Gables, last asking $54.9 million, according to multiple sources including The Wall Street Journal, and Architectural Digest. Represented by ONE Sotheby’s agents Eddy Martinez and Roland Ortiz, the purchase marks the Canadian-born singer’s first foray into South Florida real estate and adds yet another high-profile name to the growing list of celebrities choosing Coral Gables as their new home base.

A Trophy Estate in Gables Estates

The property, located at 41 Arvida Parkway within the prestigious Gables Estates community, offers the ultimate in privacy and grandeur. Set on a 1.24-acre peninsula, the estate boasts an astonishing 574 feet of water frontage, providing panoramic bay views and docking space for a mega-yacht up to 200 feet long.

Spanning nearly 19,000 square feet, the mansion features eight bedrooms, nine-and-a-half baths, and a design that blends contemporary luxury with Mediterranean influences. Highlights include double-height ceilings, floating staircases, an infinity-edge pool with coral-inspired mosaics, multiple terraces overlooking Biscayne Bay, and an expansive outdoor entertainment area complete with a summer kitchen.

The property was previously owned by Steven Lempera, an investor who reportedly acquired it for $27.8 million in 2019. If the deal closes near its asking price, Lempera will realize a substantial profit—another sign of the booming high-end market in Coral Gables.

The Weeknd Joins a Growing Celebrity Migration to Coral Gables

The Weeknd’s upcoming purchase is part of a broader trend of celebrities relocating to South Florida for its year-round sunshine, tax benefits, and world-class waterfront lifestyle.

Among the most recent notable buyers is Robbie Williams, who earlier this year acquired a $40 million waterfront estate in Coral Gables’ Old Cutler Bay community. The 19,000-square-foot home sits on an acre peninsula with 435 feet of water frontage, an 18-car garage, a wine cellar, and plans for a possible guesthouse and recording studio. Williams purchased the home—along with approximately $5 million worth of furnishings—from Real Housewives of Miami cast member Dr. Nicole Martin and her husband Anthony Lopez.

Another global music icon, Pharrell Williams, also owns a lavish waterfront property in Coral Gables, which he purchased a few years ago for approximately $30 million. Interestingly, The Weeknd and Pharrell have collaborated musically in the past—now, they may soon share the same zip code.

These acquisitions reflect Coral Gables’ emergence as one of South Florida’s most coveted enclaves for high-profile residents, rivaling longtime celebrity strongholds like Miami Beach’s North Bay Road and Indian Creek Island.

What This Means for the Coral Gables Market

The Weeknd’s pending purchase is poised to set a new benchmark for Coral Gables’ ultra-luxury real estate market. While $50 million–plus deals were once rare outside Miami Beach, recent closings and contracts show increasing demand for trophy waterfront properties offering privacy, acreage, and deep-water dockage.

Industry experts say the trend is being fueled by:

• Tax advantages — Florida’s lack of state income tax continues to attract wealthy buyers relocating from California, New York, and abroad.
• Unmatched waterfront lifestyle — Coral Gables’ canals and bayfront estates offer direct ocean access with the ability to dock superyachts, a rarity even in South Florida.
• Rising prestige — As more celebrities and executives move into Gables Estates and Old Cutler Bay, the area’s profile continues to climb.

With The Weeknd joining the neighborhood’s growing roster of A-listers, Coral Gables is fast cementing its reputation as the new luxury epicenter of Miami’s residential scene.

The post The Weeknd Under Contract to Purchase $55M Waterfront Mansion in Coral Gables first appeared on Miami Condo Investments.