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Miami real estate news

Miami's skyline is set to be transformed with the addition of the Baccarat Residences, a 75-story luxury condominium tower that epitomizes the city's growing status as a global hub for high-end real estate. This development is not just a building; it's a statement of luxury, style, and architectural prowess.

The Miami Building Department's recent issuance of a phased vertical construction permit marks a pivotal moment in the development of this ambitious project.

Construction Milestones

Phased Vertical Construction Permit

The permit, approved and issued on January 17, is a crucial step forward for the Baccarat Residences. This development indicates the project's progression into its next critical phase, focusing on the vertical construction of the tower.

The Contractor: John Moriarty

John Moriarty, a name synonymous with high-quality construction, is listed as the contractor for the Baccarat tower. The involvement of such a reputable contractor promises a development that adheres to the highest standards of construction and design.

Ongoing Construction Progress

A site work permit was previously issued to John Moriarty in September, and construction has been underway since. The rapid progress on the site is a testament to the project's efficient management and the commitment to bringing this architectural marvel to life.

Tower Specifications

Height and Design

The Baccarat Residences tower is planned to rise 75 stories, reaching 848 feet above ground and 852 feet above sea level. This impressive height will make it taller than any other condo tower in Miami, adding a new icon to the city's already impressive skyline.

Second Tower: Expanding the Complex

In addition to the main tower, a second building is also under construction on the property. This 44-story tower will house 506 apartments, further expanding the residential offerings of the Baccarat complex. The second tower has already made significant progress, with construction surpassing 10 floors.

Unparalleled Luxury and Design

The Baccarat Residences, soaring into the Miami skyline, are expected to offer a blend of luxury living and exquisite design. Baccarat, a brand synonymous with high-end crystal products, extends its legacy of elegance and craftsmanship to this real estate venture.

Architectural Marvel

Designed by a world-renowned architectural firm, the tower is likely to feature a striking façade that reflects the brand's commitment to beauty and quality. The design is expected to incorporate elements of glass and light, paying homage to Baccarat's crystal-making heritage.

Exclusive Residences

The residences themselves are anticipated to be the epitome of luxury. Potential features could include:

  • Spacious floor plans with high ceilings and floor-to-ceiling windows
  • State-of-the-art kitchens and bathrooms
  • Custom finishes and high-end fixtures
  • Private balconies offering breathtaking views of Miami's skyline and waterfront

Amenities and Lifestyle

Living in Baccarat Residences means more than just owning a property; it's about experiencing a lifestyle. Residents can expect a range of world-class amenities, such as:

  • A lavish swimming pool and sun deck
  • A fully-equipped fitness center and spa
  • Exclusive lounges and social spaces
  • Concierge and valet services, ensuring every need is catered to

Impact on Miami's Real Estate Market

The development of Baccarat Residences is a testament to Miami's growing appeal as a destination for luxury real estate. This project:

  • Boosts the local economy through construction and ongoing operations
  • Attracts high-net-worth individuals and investors to the city
  • Raises the bar for luxury living in Miami, encouraging further high-end developments

Conclusion

The Baccarat Residences are more than just a home; they are a symbol of luxury and a testament to Miami's status as a premier destination for world-class living. For those seeking the pinnacle of luxury and elegance in Miami's real estate market, the Baccarat Residences are a clear choice. As Miami continues to grow and attract global attention, developments like these play a crucial role in shaping the city's future.


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