One Twenty Residences In West Brickell Lands $413M In Construction Financing To Bring A Very Unique Development To Miami

Prolific Miami developer PMG (Property Markets Group) has landed a record-breaking $413 million construction loan on their new project in West Brickell, One Twenty Residences. After landing the financing, they broke ground on the unique project this week as well.

The new project is comprised by two towers of mixed-use space designed by Sieger Suarez Architects, a famed architecture firm in the area who has helped to shape our skyline for decades. Sieger Suarez is responsible for projects such as Porsche Design Tower, Bentley Residences Sunny Isles as well as E11even in Downtown Miami.

One aspect of the development that stands out against the rest is that each condo purchased also includes a deeded private office suite that is accessible by dedicated elevators. This is perfect for those who continue to work remotely yet still desire a change of scenery and a separation of work vs home life. This tower will rise 34 stories and offer 266 residences, 90% of which are currently sold.

Rendering of One Twenty Brickell

In addition to the residences and office spaces, One Twenty residents also have access to over 60,000 square feet of amenity space. They are planning a sky bar and pool, a wellness center with a full fitness facility, spa and plunge pools as well as a day pool. In the office areas, residents can also expect to have access to conference rooms in case they need an in-person meeting for the whole team.

Rendering of One Twenty Brickell Pool

Rendering of One Twenty Brickell Dedicated Office Space

Rendering of One Twenty Brickell Terrace View

In addition to the condo tower, PMG has planned an additional rental tower that will offer 537 apartments that will be operated by Sentral management platform.

On the ground level, there will be over 10,000 square feet of street-facing retail and parking for over 600 vehicles. With the central location that is just steps from the Miami Metrorail station as well as the free Miami Metromover (locals just call it the mover), One Twenty is proving itself to be a hub for those in the live/work/play environment that is so desirable to today’s professionals.

When asked about the project, PMG’s Managing Partner Ryan Shear stated, “At One Twenty Brickell Residences, we are redefining modern city living by blending luxury, wellness and smart design in the heart of Brickell. More than just a collection of sophisticated homes, we are introducing a new standard of living for the modern cosmopolitan, centered on connectivity, balance and the vibrant spirit of Miami.”

Rendering of One Twenty Brickell Studio

Rendering of One Twenty Brickell Kitchen Lighting

Rendering of One Twenty Brickell Primary Bathroom

Rendering of One Twenty Brickell Office Lounge

The project is expected to begin delivery in 2028.

If you are interested in an invitation for a private presentation of One Twenty in Brickell, including pricing and specific information, please contact Michael Light, Broker and Executive Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.

Photo Credit: PMG, ARX Creative & One Twenty Residences