News
What changed this month.
Loans, permits, top-offs and delays at Miami's new towers, and what each one means for a buyer's deposit. News from our partners at CondoGrid.
Oct 29, 2026
Faena lands an $817M construction loan, the largest in Florida history
The money to build both 68-story towers on the Miami River is now in place, and that is what protects a deposit. Presales are past $500M. The finish line moved to early 2030, so a deposit today stays committed for about three years.
Faena Residences Miami: our full takeRead the story on CondoGrid
Late Oct 2026
Fouquet's files demolition and construction permits in the Design District
Filed is not issued, and no construction loan has been reported. It's a step forward for the 143-condo, two-tower project, but deposits here still sit on a project that hasn't broken ground.
Fouquet's Hotel & Residences: our full takeRead the story on CondoGrid
Late Oct 2026
The Raleigh redo clears a first vote in Miami Beach
City leaders reversed a same-day no and advanced Nahla Capital's bid to add more than 66,000 sq ft to the three-acre oceanfront plan with 52 condos. A second vote is still needed before anything is final.
Mid Oct 2026
Breitling’s B Residences files for 917 feet in Brickell
An FAA filing sets how tall a tower can go, not permission to build it. Construction isn't expected before late 2028. If you're buying nearby, 11 SW 7th Street is the lot to watch for your view.
B Residences Miami (Breitling): our full takeRead the story on CondoGrid
Mid Oct 2026
Tula Residences tops off in North Bay Village
Once a stalled project, Tula is now at full height: 21 stories and 54 residences on Biscayne Bay, aiming to finish in Q3 2027. Topped out is one of the safest stages to hold a deposit.