Parkside Residences Breaks Ground in Western Brickell

Construction Begins at 1741 SW 2nd Avenue

BI Group USA has started construction on Parkside Residences, a residential development located at 1741 SW 2nd Avenue in the Brickell neighborhood, according to Florida YIMBY. This project marks the first U.S. project for BI Group USA.

Project Details and Timeline

According to Florida YIMBY, the project is expected to be completed by 2027 or the second quarter of 2028. Kobi Karp designed the project, with interiors by 2ID Interiors and construction by Winmar Construction.

Wellness Amenities

Parkside Residences will feature a wellness-focused design. According to Florida YIMBY, building amenities will include a rooftop pool deck and lounge, a cycling studio, and a Technogym-equipped fitness center. The project will also include a spa and wellness circuit featuring hot and cold plunge pools.

Market Context and Pricing

Units at Parkside Residences are expected to start in the low $400,000s, according to Florida YIMBY. This entry point is lower than current active listings in the same immediate area. For example, according to Own Miami data from August 26, 2026, Le Parc at Brickell (1600 SW 1st Ave) has 7 active listings starting from $510,000, while (1611 SW 2nd Avenue) has 18 active listings starting from $540,000.

Further east, according to Own Miami data from August 26, 2026, Melia (1136 SW 3rd Ave) has 4 active listings from $548,000, and Mercedes-Benz Places Miami (1133 SW 2nd Ave) has 11 active listings from $755,900. The highest entry point among nearby developments is Colette Residences (1880 Brickell Avenue), where active listings start from $2.79M.

According to Own Miami data from August 26, 2026, Brickell currently has 940 active condo listings with a median asking price of $859,000 ($806/sq ft) and 557 sales in the last 12 months.

Sources

• Florida YIMBY — https://floridayimby.com/2026/04/parkside-residences-breaks-ground-at-1741-sw-2nd-averaged-in-brickell-miami.html