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    February 24, 2026

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    Miami’s Luxury Real Estate Market Soars: Million-Dollar Home Sales Surge

    February 24, 2026

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  • Real Estate

    Miami’s Luxury Real Estate Market Soars: Million-Dollar Home Sales Surge

    February 24, 2026

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Florida Real Estate Wire – Real Estate NewsFlorida Real Estate Wire – Real Estate News
Luxury Real Estate

Miami Riverfront to Welcome $650 Million Ultra-Luxury Residential Tower

November 1, 2025
Ultra-luxury residential tower on Miami Riverfront
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Miami’s skyline is set to gain a new landmark as Prosper Group and Belgium’s Versluys Group unveil plans for a $650 million ultra-luxury residential tower on the Miami River. This significant development marks Versluys Group’s debut in the U.S. market, promising a fusion of European craftsmanship and American ambition.

Key Takeaways

  • A $650 million waterfront residential tower is planned for the Miami River.
  • The project is a collaboration between Miami-based Prosper Group and Belgium’s Versluys Group.
  • It will feature 158 ultra-luxury residences across 60 stories.
  • Delivery is anticipated for 2028.

A New Icon on the Miami River

The joint venture will develop a 60-story tower situated on three prime parcels along the Miami River in Brickell. The development will boast 158 ultra-luxury residences, offering over 300 feet of direct river frontage. This prime location aims to blend urban sophistication with the allure of waterfront living, with completion expected in 2028.

European Expertise Meets Miami Vision

Prosper Group, a prominent Miami real estate developer, has partnered with Versluys Group, a European leader in luxury property development with a legacy dating back to 1908. This collaboration signifies Versluys Group’s strategic entry into the United States market. Jay Roberts, CEO of Prosper Group, expressed enthusiasm for the partnership, highlighting the alignment of Versluys Group’s century-long commitment to craftsmanship with Prosper’s vision for a premier waterfront address.

Bart Versluys, CEO of Versluys Group, emphasized that the selection of his firm was a testament to their "uncompromising quality standards, unmatched attention to detail, and a deeply rooted customer focus." He noted that these values resonate strongly with Prosper Group’s objectives. Peter De Decker, COO of Versluys Group, added that the partnership aims to "unite European finesse with American drive to create something truly remarkable."

Prime Location and Amenities

The development’s location along the Miami River offers residents unparalleled walkability and connectivity. It provides convenient access to Brickell City Centre’s extensive retail and dining options, as well as the boating and yachting lifestyle of Biscayne Bay. Furthermore, the site ensures easy access to major transportation routes, including I-95, Miami International Airport, and Brightline, facilitating seamless travel throughout South Florida and beyond.

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