Under Construction

Lofty Brickell

LOFTY Brickell is a 44-story, 362-residence luxury tower on the Miami River in Miami's Brickell district, part of the larger One Brickell Riverfront development by Newgard Group and Two Roads Development.

Official Website
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TMW IntelligenceVerified Oct 12, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
01.31.23
Start
08.27
Completion
362
Units
44
Floors
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Details

99 SW 7th Street, Miami. 44 floors and 362 residences. Broke ground January 2023, completing August 2027. Financed with $513M from One Brickell Riverfront in September 2025.

The story so far
Announced 2023 est.
Broke ground Jan 31, 2023
Financing secured Sep 2025$513M construction package for One Brickell Riverfront (LOFTY + The Standard): $370M senior led by Carlyle (~$310M) with TCG affiliates ($60M), $143M mezz from 3650 Capital (Commercial Observer, Florida YIMBY)
commercialobserver.com
Topped out Jan 16, 2026Topped off Jan 16, 2026 by GC G.T. McDonald; architectural crown installed by June 2026 (Florida YIMBY)
floridayimby.com
Architectural crown installed Jun 2026LOFTY Brickell reaches full architectural height as its crown is set atop the 44-story tower at One Brickell Riverfront
floridayimby.com
Halfway there Q3 2025Construction more than halfway done at financing close (Commercial Observer, Oct 2025)
commercialobserver.com
Expected opening Aug 2027
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TMW Intelligence

The outlook for Lofty Brickell

Timing, similar projects and market pressure, read from every development in our database.

The Miami market 96 · Saturated supplyBrickell 84-project pipeline · 32,637 residences and keys · peak Late ’28 Explore the market →
Projected pricing $•,•••/sfFull projectionProjection →
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About the project

LOFTY Brickell is a 44-story, 362-residence luxury tower on the Miami River in Miami's Brickell district, part of the larger One Brickell Riverfront development by Newgard Group and Two Roads Development. Designed as fully furnished, short-term-rental-ready studios, one- and two-bedroom residences and penthouses with interiors by INC, LOFTY offers roughly 40,000 square feet of amenities including a private marina, resort-style pool deck, fitness center, spa, cigar lounge, and co-working spaces, with G.T. McDonald Enterprises as general contractor.

Developer & design
Developers
Newgard Development GroupTwo Roads Development
Design
ArquitectonicaINC Architecture
TMW Intelligence
Projected pricing at delivery
Lofty Brickell
Miami · Coming Q3 2027 · Residences
TMW Projection
$1,850 / sq ft at delivery
Projected band $1,600 – $2,100 — modeled from 6 comparable launches nearby.
Sales launchTodayDelivery Q3 2027
Projected median
Confidence band
Today

Comparable set — basis for projection

Comparable launch1.2 mi
$1,850
Comparable launch1.2 mi
$1,850
Comparable launch1.2 mi
$1,850
Confidence: High · 6 comps · projections are modeled estimates, never listings
Projection values are a TMW Pro surface. The model, comps and band unlock instantly.Unlock with Pro
Scenario outlook
Lofty Brickell
Miami · Coming Q3 2027 · Residences
TMW Projection
Projected price / sq ft
$1,850
at delivery, base case
Sell-out timeline
18months
from sales launch to final close
Absorption pace
4.5units / mo
modeled from the comp set

Scenario assumptions

Fed rate pathGradual cuts
Submarket supplyModerate
Luxury demandSteady
Comp appreciation+6% / yr
Scenarios recompute against the submarket comp set · directional, not guaranteed
Scenario values are a TMW Pro surface.Unlock with Pro
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Common questions

Frequently asked

Where is Lofty Brickell located?

Lofty Brickell is located in Miami.

When will Lofty Brickell be completed?

Lofty Brickell is under construction, with completion expected in August 2027.

Who is developing Lofty Brickell?

Newgard Development Group, Two Roads Development is the developer behind Lofty Brickell.

Who designed Lofty Brickell?

Lofty Brickell was designed by Arquitectonica, with interiors by INC Architecture.

How big is Lofty Brickell?

Lofty Brickell rises 44 stories with 362 residences.