A developer has proposed a supertall skyscraper in Miami-Dade County. Walter Defortuna, the brother of Fortune International Group’s CEO, wants to move forward with an 81-story building.
Florida YIMBY has learned of two Miami-based projects: one that has finished construction and another that could break ground next year. Here’s what we know.
Optimum Property Management hopes to get approval for a high-rise tower in Miami-Dade County. Plans call for the demolition of a low-rise apartment complex built in 1960. In its place would rise a 50-story building comprising close to 560,000 square feet of new construction.
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.
Developers Related Group and Integra Investments have announced the closing of $527 million in financing for St. Regis Residences, Miami, a highly anticipated residential tower located on the Biscayne Bay waterfront in Miami’s South Brickell neighborhood. The loan, provided by TYKO Capital, marks one of the largest residential construction loans in South Florida’s history.
