My read on where Miami luxury real estate stands after the third quarter of 2026: million-dollar sales, the $10M+ record pace, condo inventory, and what the Mandarin Oriental launch tells us.
2026
Coral Gables has a neighborhood guide on my site, but until now it had no building pages. Alhambra Parc is where I am starting, because it is a new downtown project that has just moved from announcement to construction financing. What Alhambra Parc is Alhambra Parc is a mixed-use project at 33 Alhambra Circle in downtown Coral Gables. The reported plan is eight stories on a site of about an acre,...
I'm Julien Drieu, and Coconut Grove is the fourth corridor I work closely, alongside Brickell, Downtown, and Edgewater. It is also the odd one out, in a good way. Nothing here is chasing supertall height or a thousand units. The buildings going up in the Grove right now are boutique on purpose, five to twenty stories, and built for a neighborhood that has always valued a slower pace over scale. If you...
A Finished Building in a Neighborhood Full of Cranes Most of what I write about in Coconut Grove right now is still on paper: groundbreakings, construction loans, delivery dates a couple of years out. Arbor is different. It has its certificate of occupancy, people are already living there, and only a handful of homes are left. If you want new construction in the Grove without a two or three year wait, this...
Wellness Built Into the Address, Not Bolted OnA lot of Miami buildings slap the word "wellness" on a gym and call it a day. The Well is trying something more ambitious: a 194-residence condominium in Coconut Grove built around an actual wellness program, with a dedicated club for it rather than a corner of the fitness center. It is the first project of this scale from Terra in the Grove, backed by the...
The Furnished, Rental-Ready Half of One Brickell Riverfront Right next to The Standard Residences Brickell, sharing the same podium and the same river frontage, sits a second tower built for a different kind of buyer. LOFTY Brickell is fully furnished, unit by unit, and licensed specifically for short-term rental. If you have been asking me about a Brickell condo you can actually put to work when you...
A Hotel Brand's Second Miami Project, Built Right on the River The Standard has been putting its stamp on hospitality for decades, and its first Miami residential project, in Midtown, sold well enough that a second one was only a matter of time. That second project is here now, rising on the Miami River in Brickell, and construction is not just underway, it is moving fast. The towers topped off in...
Downtown's Second Supertall, and the First Delano Anywhere Miami already has one supertall going up on Biscayne Boulevard. Now it has two. Delano Residences Miami is planned for the lot right next to PMG's Waldorf Astoria Hotel & Residences, a 90-story tower that will carry the Delano name into residential real estate for the first time anywhere in the world. If the Waldorf Astoria site convinced...
I'm Julien Drieu, and Downtown Miami is one of three corridors, alongside Brickell and Edgewater, where I spend most of my time right now. Downtown is earlier in its cycle than Brickell and building at a bigger scale than almost anywhere else in the city: a true supertall skyscraper going up on Biscayne Boulevard, a fast-filling Arts & Entertainment District just north of it, and the best transit...
A New Tower Fills the Gap Between Downtown and Edgewater Downtown Miami's Arts & Entertainment District has been the quiet in between zone for years, past the financial towers of Brickell, short of the bayfront rush in Edgewater. 14 ROC is one of the projects changing that. It is a 31 story residential tower rising at 125 NE 14th Street, and it is already reported to be roughly half sold ahead of...