Faena launches first standalone residences in Miami

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US: Luxury lifestyle brand Faena has launched its first standalone residences located on Miami’s riverfront, housed across two, 60-storey towers.

Faena Residences Miami is located at 90 SW 3rd Street, along the Miami River. The project has been developed by Fortune International Group and KAR Properties, with design by Rafael Viñoly Architects.

The residential project forms part of the Faena District Miami River, which will include wellness facilities, a marina, recreational areas, and public art.

Alan Faena, co-founder of Faena, said: “Building on the legacy we established in Miami Beach, our vision for this project is to create a community rooted in our core values — blending artistic expression, cultural immersion, wellness, and innovative design. 

“This new Faena District on the river embodies the true essence of Faena in one of Miami’s most vibrant neighbourhoods, offering Miami’s first fully resident-centric design aimed at enhancing well-being and elevating the experience of happiness,” he added.

Fortune International Group has delivered more than 7,000 units and nine million square-feet of projects. In South Florida, its projects include The Ritz-Carlton Residences, Pompano Beach, The St. Regis Residences, Sunny Isles Beach, and more.

New York-based KAR Properties is a real estate investment and development firm and currently oversees management of a core portfolio and development pipeline in excess of five million square feet.

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