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Miami real estate news

March 19, 2024, marks a significant chapter in Miami's real estate history as Cipriani Residences Miami, spearheaded by Mast Capital, commenced construction, heralding an unprecedented era of luxury in the Brickell area. This momentous occasion is further highlighted by the acquisition of a groundbreaking $600 million construction loan, setting a new benchmark for single-tower residential projects in Florida, thanks to the substantial contributions from Banco Inbursa and Ascendant Capital Partners.

Nestled at the gateway to Brickell's vibrant business hub, Cipriani Residences Miami introduces the esteemed Cipriani brand's first ground-up residential project in North America. The development is set to captivate with its 80-story tower, offering residents breathtaking views of Biscayne Bay, the dynamic Brickell skyline, and the serene landscapes of Coconut Grove.

The strategic acquisition of a 2.8-acre site in December 2021 by Mast Capital was a pivotal move for Brickell, securing one of the last prime locations for high-rise development. With architectural genius Bernardo Fort-Brescia of Arquitectonica at the helm and the distinguished interior design firm 1508 London enhancing the interiors, the project is a testament to unparalleled elegance and innovative design. Cipriani Residences Miami will offer a range of one- to four-bedroom homes, with prices starting at $1.7 million. The exclusive Canaletto Collection, perched atop the final 18 floors, features 68 residences and six penthouses, promising an intimate living experience with direct elevator access, personalized concierge services, and optional bespoke interior and furniture packages by 1508 London.

Residents of Cipriani Residences Miami will be treated to an array of world-class amenities, including signature dining experiences by Cipriani, a state-of-the-art fitness center, spa facilities, and leisure activities such as a golf simulator and pickleball court. The commitment to providing a seamless lifestyle is evident through personalized services, including in-home dining, pet grooming, and luxury limousine transport, ensuring every aspect of living at Cipriani Residences Miami is nothing short of extraordinary.

As Brickell continues to evolve as a hub of luxury and sophistication, Cipriani Residences Miami stands as a beacon of what the future holds for this dynamic district. For those intrigued by the prospect of residing in this landmark development or exploring other luxury real estate opportunities in Miami, I'm here to offer my expertise and insights.

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