Introduction to The Residences at 1428 Brickell
JLL's Capital Markets group recently announced securing over $565 million in construction financing for a remarkable new project, The Residences at 1428 Brickell. This luxurious 70-story condominium tower is set to rise in Miami’s sought-after financial district, promising to redefine modern living.
Financing Details and Partnerships
The financing for this undertaking, arranged for the developer Y-Tech, consists of a 4.25-year floating-rate loan offered through JP Morgan and Sculptor. JLL played a pivotal role in representing Y-Tech, showcasing its expertise in navigating real estate financing ventures.
Architectural Excellence and Sustainable Design
Designed by the esteemed architect Antonio Citterio of ACPV Architects in collaboration with Arquitectonica, this towering residential masterpiece will showcase innovative architectural elements. It will be the first high-rise residential building globally to harness solar energy effectively, featuring a unique solar backbone on the west façade that integrates over 500 photovoltaic glass panels covering nearly 20,000 square feet.
Luxury Living Redefined
The 195 exclusive homes within The Residences at 1428 Brickell will range from two to four-bedroom plus den configurations, offering expansive living spaces from 1,800 to 8,900 square feet. Every detail of residence design emphasizes estate-inspired living, enhancing privacy and lifestyle quality.
Exceptional Amenities for Residents
Residents will enjoy access to an extraordinary suite of amenities totaling 80,000 square feet, including resort-style pools, a two-story Owners Club, and wellness facilities. Additionally, a rooftop observatory will provide breathtaking views, making it a perfect gathering spot for residents.
Market Demand and Sales Performance
As of late 2025, The Residences at 1428 Brickell has already achieved an impressive 57% presold status, reflecting the robust demand for upscale living options in the Brickell area. High-end unit interiors are set to include premier Gaggenau appliance packages along with exquisite Arclinea and Vaselli cabinetry, complemented by natural stone and marble finishes throughout.
Project Timeline and Development Team
Construction for the project commenced in late 2024, and a significant milestone was reached with the largest mat foundation pour ever executed in Brickell, completed in early September 2025. The project is anticipated to reach completion in the fourth quarter of 2028.
The prestigious development team includes architects ACPV Architects and Arquitectonica, Coastal Construction serves as the general contractor, while Cervera Real Estate is tasked with sales management.
Stakeholder Insights
Melissa Rose, a Senior Managing Director on the JLL Capital Markets Debt Advisory team, expressed excitement about partnering with Y-Tech for this project. She emphasized the strong presales, the world-class design team, and the landmark sustainability features that elevate 1428 Brickell as a beacon of luxury residential development in Miami.
About JLL Capital Markets
JLL's Capital Markets group provides a comprehensive range of capital solutions for real estate investors and occupiers. With over 3,000 specialists globally and operations in nearly 50 countries, JLL delivers tailored financial strategies, investment sales, and advisory services. This strong foundation enables them to cater to both local and international clients seeking innovative solutions.
About Y-Tech
Y-Tech is a forward-thinking real estate investment and development company, focusing on acquiring and revitalizing commercial properties in key U.S. markets. By leveraging advanced data analytics and strategic partnerships, Y-Tech is committed to creating value-driven real estate projects that align with the demands of modern communities.
Frequently Asked Questions
What is The Residences at 1428 Brickell?
The Residences at 1428 Brickell is an ultra-luxury condominium tower in Miami featuring 195 exclusive homes.
Who financed The Residences at 1428 Brickell?
The project secured $565 million in construction financing through JP Morgan and Sculptor, arranged by JLL.
What are the unique features of the building?
The building will incorporate solar power technology and luxurious amenities, aiming to be a landmark in sustainable living.
What amenities are offered at The Residences?
Residents can enjoy resort-style pools, wellness facilities, and a rooftop observatory among other high-end amenities.
What is the expected completion date for the project?
The completion of The Residences at 1428 Brickell is anticipated in Q4 2028.
