Miami-based META Development has announced the acquisition of a key property located at 1870 Brickell Avenue, as part of their latest venture into the upscale real estate market. The company has ambitious plans to construct a luxury condominium building on the site. In addition to this acquisition, META is also under contract to purchase the neighboring property at 1880 Brickell Avenue, a move that will allow them to merge both parcels into a single, expansive development site. Together, these properties have been acquired for a combined total of $21 million, reflecting the high value of land in the Brickell area.
Rendering by: META Development, OSPA Architecture and Urbanism, 1870 Brickell Ave
The planned condominium building is set to rise five stories and will feature a total of 36 exclusive residential units. Prices for the units will start at $2.5 million, catering to affluent buyers seeking luxury living in the heart of Miami. The project is scheduled for a public launch in September 2025, with construction expected to begin shortly after all approvals and permits are secured. META Development is positioning this project as a standout in the competitive Miami market, emphasizing that its offering will provide a distinctive living experience compared to other large-scale residential developments in the area.
With offices in both Miami and Brazil, META Development is aiming to bring a more global perspective to its projects. The company has expressed a commitment to delivering a product that is “decidedly different” from typical offerings in the region. To achieve this, META has partnered with Brazil-based OSPA Architecture and Urbanism, a firm known for its innovative approach to design and urban planning. OSPA will be responsible for creating the architectural vision for the new condo building, ensuring it aligns with META’s goal of setting a new standard for luxury living in Miami.
In addition to its architectural uniqueness, the building will place a strong emphasis on sustainability. META has revealed plans to incorporate locally sourced, eco-friendly materials throughout the construction process, helping to promote environmental well-being not only for the residents but also for the surrounding community. The building will also be equipped with advanced energy efficiency systems and smart home technology, ensuring that it meets modern standards for both sustainability and convenience. These features are expected to appeal to environmentally conscious buyers who are looking for a blend of luxury and responsibility in their living spaces.
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