The acquisition of a $424 million construction loan will make completing Rivage Residences in Miami-Dade County possible. Florida YIMBY first reported on this luxury high-rise in early 2023.
The St. Regis Residences, Miami, a 50-story residential tower at 1809 Brickell Avenue on the Biscayne Bay waterfront in South Brickell, is now under construction. A groundbreaking ceremony for the development was held on the morning of November 21, featuring 152 bespoke residences—including penthouses, sky villas, and two stand-alone garden villas. The project offers a rare opportunity to experience the timeless elegance and five-star services synonymous with the St. Regis brand. Coastal Construction is overseeing the build, with completion expected in 2027.
In 2022, the Related Group and Dezer Development secured approval for Rosewood Residences, a 10-story oceanfront condo. However, a lawsuit filed by four residents regarding the building’s height sidetracked the project.
The EcoTech Visions Foundation has secured a rezoning change to make its affordable housing development possible. A new ruling has released the 15,625-square-foot property from the Infill Housing Initiative Program, which did not allow for the development of multi-family communities.
The Continuum Company has officially broken ground on La Baia North, the second of two planned boutique bayfront condominiums in Miami’s Bay Harbor Islands. This milestone follows the company’s success with La Baia South, which secured a $90 million construction loan and sold out all units. La Baia North, located at 9481 E Bay Harbor Drive, is an eight-story building with 57 units and has already reached 60% in pre-sales. The project is spearheaded by Ian Bruce Eichner, the New York-based developer known for Continuum South Beach and other notable ventures in South Florida, including his recent acquisition of the Shuckers Bar and Grill site in North Bay Village. La Baia North is set for completion in the first quarter of 2027, with Jacob’s Construction serving as the general contractor, and sales exclusively handled by Gutman Development Marketing.
