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Dezer Development has closed on a $630 million construction loan for Bentley Residences, the world’s first Bentley-branded residential tower under construction in Sunny Isles Beach. The financing, issued by Madison Realty Capital and arranged by Berkadia South Florida, represents the largest construction loan in South Florida so far this year. Designed by Sieger Suarez Architects in collaboration with Bentley Motors, the 61-story oceanfront tower is already more than 50 percent sold, with remaining units starting at $5.8 million and penthouses priced at $37.5 million each. The development broke ground in early 2024 and is slated for completion in 2028.

Construction is now underway on Alton Biscayne, a new 12-story luxury residential community taking shape at 11240 Biscayne Boulevard in North Miami, near Biscayne Shores. Designed by Cohen Freedman Encinosa and developed by Kolter Multifamily, a division of Kolter Group, the project will deliver 336 apartment units and a 7-story parking garage to one of the city’s most active growth corridors. KAST Construction serves as the general contractor.

Alta Development hopes to get approval for a high-rise luxury condo on the Miami River.

A pre-application filed on November 4, 2025, outlines plans for a five-story affordable housing project tentatively named Ruby Development at 6650 NW 26th Avenue in Miami’s Liberty City neighborhood. The filing was submitted by Tacolcy Economic Development Corp. (TEDC), which is partnering with the property owner to deliver the project. A pre-application meeting has been requested for November 13, 2025.

The University of South Florida (USF) is moving forward with its long-anticipated Fletcher District, a transformative project set to offer residential, retail, and commercial space. The venture will replace The Claw.