Photo Credit: Mast Capital
This past month, Cipriani Residences Miami officially broke ground and secured a record-breaking construction loan, signaling a new era in Miami's real estate landscape. The luxury condominium development, led by Mast Capital, is poised to redefine upscale living in Brickell.
The groundbreaking follows the remarkable achievement of securing a $600 million construction loan, the largest ever for a single-tower residential project in Florida. Banco Inbursa and Ascendant Capital Partners provided $350 million and $250 million, respectively, underlining the project's potential.
Photo Credit: Mast Capital
Located at the southern edge of Brickell's bustling business district, Cipriani Residences Miami marks the Cipriani brand's debut ground-up residential venture in North America. The development will feature an impressive 80-story luxury condominium tower offering panoramic views of Biscayne Bay, the Brickell skyline, and Coconut Grove.
In December 2021, Mast Capital's acquisition of the 2.8-acre site marked a pivotal moment for Brickell, securing one of its last remaining parcels suitable for large-scale, high-rise construction. Designed by Bernardo Fort-Brescia of Arquitectonica and renowned interior design firm 1508 London, the project promises a fusion of sophistication and functionality. Cipriani Residences Miami presents one- to four-bedroom residences starting at $1.7 million. Additionally, The Canaletto Collection, a limited assemblage of 68 residences and six penthouses seated on the top 18 floors of the tower, offers a boutique living experience with personalized concierge services, direct elevator entry to maximize privacy and bespoke interior finish, and furniture packages available for purchase by renowned design firm 1508 London.
Photo Credit: Mast Capital
Residents will enjoy world-class amenities, including around-the-clock dining by Cipriani, a fitness center, spa facilities, and recreational offerings like a golf simulator and pickleball court. Personalized services such as in-home dining, pet grooming, and luxury house limousine transport ensure a seamless living experience.
Completion is slated for 2028. For more information, visit www.ciprianiresidencesmiami.com or contact 786-850-1420 and info@ciprianiresidencesmiami.com.
Photo Credit: Mast Capital
