Miami, Florida – With the development of two innovative high-rise projects, each with billion-dollar-plus investments and facilities transcending grandiosity, Miami—known for its dynamic culture and breathtaking skyline—is about to become even more a luxury real estate paradise. Designed for completion in late 2027, these projects are creating buzz and changing the downtown coastal landscape of the city.
Bentley Residences, a joint venture between British luxury carmaker Bentley Motors and Dezer Development, marks the first of these extraordinary projects. This $1 billion project is likely to rise to be the highest condominium tower in the United States. Rising to 62 floors, Bentley Residences started on Sunny Isles Beach in Miami late February 2024.
With 216 units, each condo starts at a staggering $5.6 million. Individual balconies providing spectacular views of the Atlantic Ocean, private heated swimming pools for every apartment, and a creative Deservator Lift system enabling homeowners to move their cars straight to their sky garages are part of the design. These elements highlight how elegantly modern the structure combines luxury with cutting-edge technology, thus providing a shining example of modern wealth.
Bentley Residences will not only add greatly to Miami’s architectural reputation but also concentrate on domestic luxury. Miami-based Sieger Suarez Architects is designing the project; Coastal Construction is handling general construction. Covering 2.4 acres, the construction looks to be a significant addition to Miami’s ever-changing skyline.
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Simultaneously, another luxury project under progress in downtown Miami is Cipriani Residences. Designed by the well-known Miami-based company Arquitectonics, this $600 million project calls Mast Capital both general contractor and developer.
Stretching 80 floors high, Cipriani Residences will have 74 iconic homes with six penthouses together with 323 regular units. These opulent homes cost $2.3 million at least. Inspired by the Italian Riviera, the design reflects the refined and relaxed way of life connected with Cipriani, the renowned Italian luxury hotelier and restaurateur.
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Covering a whole city block, Cipriani Residences will feature two swimming pools, in-house and private dining, and 24-hour catering services among other upscale conveniences. Like Bentley Residences, Cipriani presents a distinctive living experience in the center of Miami by trying to mix comfort with luxury.
Expected to finish in late 2027, these projects indicate a notable surge in the premium real estate market of Miami. They not only seek to draw in affluent consumers but also create new standards for luxury life all around. These towers promise to change Miami’s skyline and improve its profile on the world scene as top real estate locations.
