Home News - Condo Complexes Luxury Brickell Condominium Finalizes Funding with Construction Start Looming

September 18, 2024

by Bill Ott

Condo Journey is excited to report that the St. Regis Residences Miami has secured a significant $527 million in financing, a move that highlights the high stakes of South Florida's real estate market. This funding, arranged by TYKO Capital, represents one of the largest residential construction loans in the region’s history.

 

The project, developed by Related Group and Integra Investments, is set to rise 50 stories on Brickell Avenue, overlooking Biscayne Bay. With over 60% of the residences already under contract, it’s clear that the St. Regis Residences Miami has garnered considerable interest.

 

 

Designed by Robert A.M. Stern Architects with interiors by the Rockwell Group, the St. Regis Residences Miami will feature 152 residences, ranging from two to six bedrooms, including penthouses and stand-alone garden villas. The architectural approach combines sea-inspired elegance with contemporary design, aiming to offer a luxurious living experience.

 

Residents will have access to an array of amenities, including a fitness center with a pilates and yoga studio, a pickleball court, an indoor lap pool, a spa, and a wellness center. The development will also include a private marina and meticulously designed landscaping by Enea Garden Design.

 

Additional services will include butler assistance for various needs and dining options such as the St. Regis Tea Room and a fine-dining restaurant overseen by Michelin-starred chef Fabio Trabocchi.

 

 

Scheduled for completion in 2027, the St. Regis Residences Miami represents a major investment in South Florida’s luxury condominium market. Keep an eye on Condo Journey for further updates on this and other notable developments in the region.

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