DevelopmentSource: Florida YIMBY, Sep 3, 20262 min readBy , Founder & EditorReviewed Oct 22, 2026updated Oct 22, 2026

1428 Brickell Reaches Level 25 on Way to Late-2028 Finish

The 195-residence tower by Ytech reached Level 25 in September 2026 and targets late 2028. Here is what is being built, how it is financed and how the bayfront towers across Brickell Avenue trade today.

Una Residences
Una Residences

The Residences at 1428 Brickell had reached Level 25 of its planned 70 stories by early September 2026, Florida YIMBY reported, citing developer Ytech. The 861-foot tower rises on the west side of Brickell Avenue in Brickell, across from a row of bayfront towers. It holds 195 condominium residences of two to four bedrooms, with completion targeted for late 2028.

What is going up at 1428 Brickell Avenue

  • Design: Arquitectonica designed the tower. Antonio Citterio Patricia Viel (ACPV Architects) did the interiors.
  • Construction: Coastal Construction is the general contractor and Capform handles the concrete.
  • Foundation: The mat foundation was poured in September 2025 in one continuous 33-hour operation. It took about 13,000 cubic yards of concrete, about 2,700 tons of reinforcing steel and more than 1,300 truck deliveries.
  • Solar facade: The west face carries the "Solar Backbone", about 500 photovoltaic windows across nearly 20,000 square feet. Florida YIMBY puts its output at up to about 175,000 kilowatt-hours a year for the common areas.
  • Amenities: more than 80,000 square feet.

The money behind it

In November 2025, Ytech closed $565 million in construction financing from J.P. Morgan and Sculptor Real Estate, Multi-Housing News reported. For buyers who put down deposits, a closed construction loan of that size matters. It means lenders have committed the construction money, although a loan carries its own conditions and does not remove every delivery risk.

How nearby bayfront towers trade

Across the avenue, 1428 Brickell faces established bayfront towers that it will compete with on resale. Their recorded sales and listings as of October 2026:

  • [Four Seasons Residences Miami](/buildings/four-seasons-residences-miami), 1425 Brickell Ave (2003, 70 floors): 12 sales in the last 12 months at a median of $1,216 per square foot. Its 16 active listings ask a median of $1,440. Few of its buyers use mortgages, so lending data puts it in our "cash" financeability tier.
  • [Echo Brickell](/buildings/echo-brickell), 1451 Brickell Ave (2017): eight sales at a median of $1,053 per square foot, against 33 listings. That is roughly 50 months of supply, a slow building to resell in.
  • [Una Residences](/buildings/una-residences), the newest delivery on the bay in south Brickell (2026): its listings ask a median of $1,998 per square foot. The two resales on record so far closed at a median of $1,898.

Across all of Brickell, 804 condos sold in the last 12 months at a median of $608 per square foot. With 1,133 listings for sale, the neighborhood has about 17 months of supply, and our Market Index reads 22, a buyer's market.

Why it matters

New construction commands a premium here: Una's two resales closed at a median of $1,898 per square foot, against $1,216 at Four Seasons. But the market around them is slow, and Echo Brickell shows how long resales can sit in this bracket. Anyone holding a 1428 Brickell contract should expect to compete with these resales, and with Una's remaining inventory, when the tower delivers in late 2028.

Sold $/sqft and closings, 24 months · current asking $724/sqft
$553$633$713Dec 2024Apr 2025Aug 2025Dec 2025Apr 2026Aug 2026

Updated October 13, 2026 with Own.Miami market data. First published September 5, 2026.

Frequently asked questions

How many residences are at 1428 Brickell and how tall is it?+

195 condominium residences of two to four bedrooms in a 70-story, 861-foot tower at 1428 Brickell Avenue.

Who financed 1428 Brickell?+

Ytech secured $565 million in construction financing in November 2025 from J.P. Morgan and Sculptor Real Estate, arranged by JLL Capital Markets.

Sources

Editorial policy

#Brickell#1428 Brickell#Ytech#New Construction#Brickell Avenue

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