Prosper Group, a Miami-based real estate firm led by Jay Roberts, has announced a joint venture with Belgium’s Versluys Group, one of Europe’s leading luxury property developers, to deliver a $650 million ultra-luxury waterfront residential tower on the Miami River in Brickell. The collaboration marks Versluys Group’s official entry into the United States market.
The development spans three prime parcels – 99 SW 7th Street, 66 SW 6th Street, and 625 SW 1st Avenue – which Prosper Group is in contract to close next spring. The 60-story tower will feature 158 residences and boast over 300 feet of direct river frontage, with delivery anticipated for 2028
“We’re honored to partner with Versluys Group, led by CEO Bart Versluys and COO Peter De Decker, whose century-long legacy of exceptional craftsmanship aligns perfectly with Prosper’s forward-looking vision for Miami’s next great waterfront address,” said Jay Roberts, CEO of Prosper Group. “By welcoming Versluys Group to the U.S., we’re helping define the next chapter of this global destination we know as the Magic City.”
“That Versluys Group was selected from a range of internationally renowned developers is no coincidence. Since 1908, uncompromising quality standards, unmatched attention to detail, a superior level of finish and a deeply rooted customer focus have formed the foundation of our company, values that align seamlessly with the essence of Prosper Group,” said Bart Versluys, CEO of Versluys Group. “Under the leadership of our COO, Peter De Decker, our collaboration in Miami brings together local expertise and American drive with European finesse, precision, and tradition.”
Founded in 1908, Versluys Group brings more than a century of real estate excellence to the partnership. The firm is recognized across Belgium and the Netherlands for its high-end coastal developments that blend refined European design with meticulous craftsmanship. Versluys Group is also responsible for the complete renovation of La Réserve, a five-star superior hotel in Knokke-Heist, one of Belgium’s most prestigious seaside destinations.
“Our partnership with Prosper Group marks a defining chapter for Versluys,” said Peter De Decker, COO of Versluys Group. “Jay Roberts and his exceptional team mirror our passion for innovation and our uncompromising standards of quality. Having explored the Miami market, I’ve witnessed first-hand the extraordinary momentum and international energy that define this amazing city. Together, we’re uniting two worlds of craftsmanship and vision to create something truly remarkable.”
Situated along the Miami River, the development offers a prime location that combines walkability with connectivity. The site is steps from Brickell City Centre’s retail, dining, and entertainment offerings and near the heart of Brickell’s financial core. The direct river frontage provides residents with access to Biscayne Bay and Miami’s premier boating lifestyle. Proximity to I-95, Miami International Airport, and the Brightline station ensures convenient travel across South Florida and beyond.
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So long as it’s not another Arquitectonica or Kobi Karp box.