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South Florida construction boom: From luxury high-rises to transit-oriented living

July 25, 2026
South Florida skyline with new construction and palm trees.
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South Florida’s real estate landscape continues to evolve with a surge of high-profile construction milestones. From luxury residential towers in Brickell and Edgewater to transit-oriented developments and expanded self-storage infrastructure, developers are pushing forward with projects that redefine urban living and convenience across the region.

Key project developments

  • Cipriani Residences Miami has topped off at 950 feet, with over 80% of units sold.
  • The Cove Residences in Edgewater is introducing an in-home concierge medical service for residents.
  • The final tower at the Link at Douglas transit-oriented community has secured $134 million in construction financing.
  • Space Shop Self Storage is adding over 2,000 units across new facilities in Florida and Virginia.

Cipriani Residences reaches new heights

The Cipriani Residences Miami, the brand’s first ground-up residential development in North America, has officially reached its full height of approximately 950 feet. Located in the heart of Brickell, the 85-story tower is currently over 80% sold, reflecting strong international demand. With construction moving steadily, the project remains on schedule for its anticipated delivery in the summer of 2027.

Wellness-focused luxury in Edgewater

In the Edgewater neighborhood, The Cove Residences is setting a new standard for residential amenities through a strategic partnership with Healthcare on Demand. This premium concierge program will provide residents with in-home medical services, including physician house calls, diagnostics, and recovery treatments. The 40-story waterfront development, designed by Kobi Karp, is expected to complete construction by 2028, offering a lifestyle that prioritizes proactive health and convenience.

Transit-oriented growth at Link at Douglas

13th Floor Investments has secured $134 million in construction financing for Crescendo, the fourth and final residential tower at the Link at Douglas community. This 37-story project is a key component of a seven-acre, mixed-use development connected to the Douglas Road Metrorail Station. By integrating housing, retail, and public transit infrastructure, the project aims to create a highly connected urban environment, with the final tower slated for delivery in 2029.

Expanding storage infrastructure

Beyond residential development, the region is seeing significant growth in commercial storage capacity. Space Shop Self Storage has three new properties underway, including two facilities in Florida and one in Virginia. These projects will add a total of 2,088 units to the company’s portfolio. With a total investment of $40 million, the firm expects all three properties to be operational by the spring of 2027, catering to the increasing storage needs of growing communities.

[link-whisper-related-posts]

Sources

  • Cipriani Residences Miami Tops Off Construction, Surpasses 80% Sold Ahead of Summer 2027 Delivery —
    PROFILEmiami South Florida Real Estate and Lifestyle
    , PROFILEmiami.
  • 13th Floor Investments secures financing for Link at Douglas’ final tower, South Florida Agent Magazine.
  • Space Shop Underway on Three Self-Storage Properties in Florida, Virginia Totaling 2,088 Units –
    REBusinessOnline
    , REBusinessOnline.

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