Enzo Enea

Foundation Completed for Baccarat Residences Miami, Marking Key Milestone in 75-Story Condo Tower in Brickell

Related Group and GTIS Partners marked a significant development milestone this past weekend with the foundation pour of the highly anticipated Baccarat Residences Miami. The pour required over 10,000 cubic yards of concrete and 1,500 tons of reinforcing steel, setting a new record for both development firms. This project will be the legendary French crystal brand’s first stand-alone residential tower, managed by hospitality titan SH Hotels & Resorts.

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Site Work Permit Issued for 56-Story ‘Villa Miami’ Condo Tower at 710 Northeast 29th Street in Edgewater

Miami’s Building Department has issued a site work permit for Villa Miami in Edgewater, marking a significant step forward in the development process. The permit, issued on August 2, comes with a revision filed on the same day and allows for excavation, piles, site improvement, and soil improvement. Moss & Associates is listed as the contractor on the permit, covering 22,000 square feet of work at a cost of $66,000. An application for a master construction permit is also in progress, detailing a 358,944-square-foot building with 7,723 square feet allocated for a restaurant and 351,221 square feet for residential space at an estimated cost of $62,817,300 is also in progress. A seawall permit with Ebsary Foundation Company as the contractor, valued at $480,000, is also under review.

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Master Building Permit Issued for 75-Story ‘Baccarat Residences Miami’

A master building permit has been issued for Baccarat Residences Miami, a luxury condominium tower developed by Related Group and GTIS Partners and designed by Arquitectónica. Miami’s Building Department issued the permit to allow for the continued development of the 848-foot-tall skyscraper, under construction at 99 Southeast 5th Street and expected to be completed in early 2028. John Moriarty & Associates serves as the general contractor for this project.

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Related Group And GTIS Partners Secure $328M Construction Loan From Bank OZK For 75-Story Baccarat Residences Miami

Related Group and GTIS Partners have secured a $328 million construction loan for the Baccarat Residences Miami, a 75-story luxury condominium tower at the gateway of Brickell Avenue. The financing, arranged by Berkadia South Florida, supports the development of the 848-foot-tall skyscraper, which is currently under construction at 99 Southeast 5th Street and is expected to be completed in early 2028. Over 95 percent of the residences have been sold since the launch in late 2021. John Moriarty & Associates is the general contractor.

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Construction Permits Filed For 58-Story Villa Residences At 710 NE 29th Street In Edgewater, Miami

Developers One Thousand Group and Terra, in partnership with Major Food Group, have submitted a permit application to the Miami Building Department for Villa Residences, a 58-story residential condominium tower designed by the acclaimed ODP Architecture & Design (ODP Architects), set to rise at 710 Northeast 29th Street in the Edgewater neighborhood of Miami. The application, filed on April 20, outlines a tower reaching 650 feet in height. The gross square footage for the development is listed at 358,944, with the residential portion occupying 351,221 square feet. The permit filing estimates the construction cost at $62,817,300 with Moss Construction listed as the general contractor.

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