One Brickell Riverfront, Topped Off in January, Targets August 2027

Both towers of One Brickell Riverfront, LOFTY Brickell and The Standard Residences, Brickell, topped off on January 16, 2026, and the developers still target delivery in August 2027. By June 2026 the architectural crowns were in place and work had moved to the facades and interiors, according to Florida YIMBY. Together the two condo towers at 99 SW Seventh Street on the Miami River will add 784 homes to the neighborhood.

The two towers at a glance

Newgard Development Group and Two Roads Development are building the pair on a shared podium, with G.T. McDonald as contractor and Arquitectonica as architect, according to Florida YIMBY and South Florida Agent Magazine.

• LOFTY Brickell: 44 stories, 362 fully furnished residences from studios to penthouses, about 40,000 square feet of amenities including a private marina. Sales materials and broker listings market it with short-term rentals permitted, a point to confirm in the condo declaration.
• The Standard Residences, Brickell: 46 stories, 422 studio, one- and two-bedroom homes with interiors by GOODRICH. South Florida Agent Magazine reported prices starting in the mid-$600,000s in February 2026.

AVRA Estiatorio, the Greek seafood restaurant, signed a lease for LOFTY's ground floor on the river, as Commercial Observer and Miami New Times reported in 2023.

What the resale market says about the price

Pre-construction pricing in Brickell sits far above what existing condos trade for. Own.Miami's Brickell market report, as of October 13, 2026:

• The 140 pre-delivery condos listed in Brickell ask a median $1,307 per square foot, against $709 for resale listings, an 84% premium.
• Resale condos closed at a median $608 per square foot over the last 12 months, down 3.4% from the year before, while the number of sales fell 10.3% to 747.
• With 1,133 active listings, Brickell has about 18.2 months of supply, a buyer's market by the usual six-to-nine-month yardstick.

Eight units at The Standard Residences, Brickell were listed on the MLS in late September 2026 at a median $1,116 per square foot. In our reading, that gap is what a buyer pays for a new building and a 2027 delivery. Mint at Riverfront, a 2010 tower across the river, closed 20 sales in the last 12 months at a median $532 per square foot; its record is on the Mint at Riverfront page.

What buyers should check

• Financing at delivery. Lenders treat buildings marketed for short-term rentals and hotel-style operation differently; Fannie Mae's project rules list advertised daily or short-term rental rates as a red flag. If you plan to finance a LOFTY unit at closing, ask a lender now. Our warrantable condo guide explains why.
• The developer's record. Newgard Development Group's Developer Score on Own.Miami is 66 (B+), based on three scored buildings, with low confidence; see the Newgard Development Group page.
• Deposit and timing. An August 2027 delivery means more than a year of construction risk on your deposit; see how pre-construction deposit schedules work.