This November, City of Miami residents will vote on Watson Harbour, a mixed-use development planned for the south side of historic Watson Island. The project, proposed by BH3 Management and Merrimac Ventures, includes two hotels,…
830 Brickell, a 57-story, 640,000-square-foot Class A+ office tower in Miami’s Brickell Financial District, has secured $565 million in financing ahead of its delivery this fall. The long-term loan from TYKO Capital will pay off the development’s existing construction loan from MSD Partners. This emphasizes 830 Brickell’s significance as a base for many firms establishing their first Miami office, with over 90 percent of the building’s tenants being new to the market. Designed by renowned architecture firm Adrian Smith + Gordon Gill with interiors by Italian architecture and design company Iosa Ghini Associati and developed by OKO Group and Cain International, this fully leased 724-foot-tall tower is the first stand-alone Class A+ office building in Brickell in over a decade. Currently, it is receiving its Temporary Certificate of Occupancy in phases, with tenants building out their spaces. Delivery is expected this fall. The transaction was represented by Beatriz Azcuy of Sidley Austin LLP.
Mast Capital, in partnership with AEW, has completed Remi on the River, a new multifamily development at 999 Northwest 7th Street in the Miami River District. Designed by Corwil Architects, the apartment community offers 342 rental units with various floorplans and amenities. It is situated near Miami’s Brickell Financial District, the Miami Health District, Downtown Miami, beaches, cultural attractions, and nightlife.
Sumaida + Khurana and Bizzi + Bilgili have announced that Sant Ambroeus will open its first Miami location at The Fifth Miami Beach. The restaurant and coffee bar will occupy over 7,000 square feet at the base of this Class A+ office building designed by Alberto Campo Baeza. Expected to open in late 2025, Sant Ambroeus is renowned for its contemporary interpretation of traditional Milanese cuisine, elegant atmosphere, and exceptional service. This space will feature designs by Giampiero Tagliaferri, known for his work with Oliver Peoples, Brunello Cucinelli, and the Aspen location of Sant Ambroeus.
SG Holdings, a partnership among Swerdlow Group, SJM Partners, and Alben Duffie, has completed the housing component of Sawyer’s Walk at Located at 249 Northwest 6th Street in Overtown, marking it as the largest affordable senior living community in the US within the last decade. The mixed-use development includes 1.5 million square feet of space, featuring 578 residential units for low-income seniors, 175,000 square feet for retailers, a 25,000-square-foot public plaza, and 130,000 square feet of office space for MSC Group’s North American cruise division headquarters.
