Miami-based developer Fortune International Group has acquired a 46,373-square-foot site at 1210 Brickell Ave in Brickell and secured a $36,080,000 pre-development loan for ORA by Casa Tua. The loan, provided by Amerant Bank, marks a significant step forward in development. The developer purchased the site from Miami-based Patagonian Investment Internacional LLC and is now set to prepare the site for construction, with groundbreaking expected to begin in 2025.
ORA by Casa Tua, a 77-story and approximately 930-foot-tall building designed by Arquitectonica with interiors by m2atelier, will feature 533 fully furnished residences available for short-term rentals. Through its innovative design and concept, the project aims to reflect Miami’s vibrant and evolving spirit and establish itself as a prime destination. The development will also include approximately 25,000 square feet dedicated to Casa Tua’s four new restaurant concepts and creative workspaces with private office spaces, conference rooms, content creation rooms, bar lounges, and outdoor seating.
“The acquisition of the site and loan closing are principal steps that mark an exciting beginning for ORA by Casa Tua’s vision to take shape,” said Edgardo Defortuna, President, CEO, and founder of Fortune International Group. “We are eager for Miami’s community to sense the anticipation and witness the project come to life.”
Amenities will include a second pool on the 12th floor with a sun shelf, loungers, cabanas, a jacuzzi, a show kitchen, a private event space, and lush landscaping. Additional features will include an entertainment lounge, a two-floor fitness and wellness center with a hammam and couples treatment rooms, and a three-story open sky garden, which will be unique for Miami.
Residences will range from 500-square-foot studios to 2,400-square-foot four-bedroom units, all fully furnished and ready for immediate listing as short-term, seasonal, or long-term rentals. These residences will offer panoramic views of Brickell, Biscayne Bay, and Coconut Grove. They will feature ten-foot ceilings with floor-to-ceiling windows and curated window treatments, Italian-designed kitchens with top-tier appliances, Italian-designed baths with imported fixtures, smart home technology, and spacious walk-in closets.
Casa Tua was founded by Miky and Leticia Grendene, who opened their flagship Miami Beach location in 2001 as a welcoming place for friends, family, and guests worldwide to celebrate life. Pioneering the members club concept in Miami, Casa Tua combines art, entertainment, and fine dining with a signature Italian style. It has since expanded to locations in Aspen and Paris, with New York City opening in 2023. The brand also launched Casa Tua Cucina in partnership with Richard Baker and Saks Fifth Avenue, an award-winning Italian open kitchen concept in Miami’s Brickell City Centre.
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