Terra and One Thousand Group have made headlines with their latest achievement, securing a $285 million construction loan from TYKO Capital for the highly anticipated Villa Miami project. Located in Miami's East Edgewater neighborhood, Villa Miami is set to redefine luxury living with its remarkable design, exclusive amenities, and prime waterfront location.
Slated for completion in 2027, this groundbreaking project promises to be a new architectural icon on Biscayne Bay. The financing, provided by TYKO Capital and backed by Elliott Investment Management, underscores the confidence in Villa Miami's unique vision.
TYKO Capital, led by Adi Chugh, is a powerhouse in commercial real estate private equity and private credit investment management. The firm has a stellar track record, with notable projects such as Manhattan's Flatiron Building, One High Line’s luxury condos, and Miami’s 830 Brickell Class-A office tower.
Walker & Dunlop’s Keith Kurland and Jordan Casella played a crucial role in arranging this financing, further strengthening their partnership with Terra following the successful $170 million loan for the Upland Park development near Dolphin Mall.
Villa Miami will rise 650 feet and span 56 stories, making it one of Edgewater’s most ambitious projects. This ultra-luxury condominium is unlike anything Miami has seen before. With just 70 private residences, the tower ensures exclusivity and privacy for its residents.
Units range from 3,000 to 6,000 square feet, with prices starting at $5 million. These estate-style residences feature full- and half-floor layouts with panoramic views of Biscayne Bay and the Miami skyline, offering a blend of sophistication and tranquility.
The architectural brilliance of Villa Miami is attributed to ODP Architects, who have designed the building with a distinctive copper-colored exoskeleton. This design element is not only visually striking but also sets the tower apart as a future landmark. Adding to the allure is a private helipad, catering to the needs of the most discerning buyers.
The project marks the residential debut of Major Food Group (MFG), the world-renowned hospitality brand known for its high-end dining experiences. MFG’s founders, Jeff Zalaznick, Mario Carbone, Rich Torrisi, and Alex Pirez, bring their expertise to create an unparalleled living experience.
Residents will enjoy access to the Copper Club, an exclusive private club that spans multiple floors of the tower and features amenities that blend luxury with convenience. Additionally, a new MFG restaurant concept will open on the ground floor, further enhancing the lifestyle Villa Miami offers.
Interior designs are crafted by Vicky Charles of Charles & Co., who has worked with high-profile clients like Sony Music and celebrities including the Clooneys and the Beckhams. Drawing inspiration from the tower’s bayfront location, Charles has created interiors that combine the romance of waterfront cities like Venice and the French Riviera with Miami’s modern aesthetic.
Villa Miami's location in Edgewater is another key factor in its appeal. The neighborhood has become a magnet for affluent buyers, especially from the Northeast, who are drawn to its central location and proximity to cultural and lifestyle destinations such as the Miami Design District, Midtown, Downtown, and Miami Beach.
With top-tier dining, boutique shopping, and vibrant cultural hotspots just minutes away, Villa Miami provides residents with an unmatched lifestyle. David Martin, CEO of Terra, emphasizes that Villa Miami reflects the evolution of Miami’s luxury condo market. The project caters to a sophisticated buyer demographic that values curated experiences and a strong brand ethos.
According to Martin, today’s lenders are attracted to projects that combine exceptional design, trusted development teams, and prime locations. Villa Miami embodies these qualities, making it a standout in Miami’s competitive real estate market.
Kevin Venger, Co-Founder of One Thousand Group, highlights how branded residences like Villa Miami are reshaping the concept of luxury living. By integrating expertise from food and hospitality leaders such as MFG, Villa Miami sets a new benchmark for innovation, artistry, and elevated living.
The development team behind Villa Miami brings a wealth of experience in creating iconic residential towers. Terra’s portfolio includes renowned projects like Five Park Miami Beach, Mr. C Residences Coconut Grove, and the award-winning Eighty Seven Park designed by Renzo Piano.
One Thousand Group has delivered equally iconic developments, such as the Zaha Hadid-designed One Thousand Museum and Regalia on the Ocean.
As Villa Miami takes shape, it is set to become a symbol of Miami’s growth as a global design and lifestyle hub. From its striking architecture to its unparalleled amenities, the tower embodies the pinnacle of luxury living.
With construction already underway and an anticipated completion date in late 2027, Villa Miami is poised to redefine what it means to live in Miami’s Edgewater neighborhood.
This exceptional project not only adds to the city’s architectural landscape but also reaffirms Miami’s status as a sought-after destination for affluent buyers and visionaries alike. Villa Miami is more than a residential tower—it is a statement of innovation, elegance, and the future of luxury living.
For more information, please contact sales@hlrealestategroup.com or visit https://villaresidencesmiamicondo.com/.