Miami's new construction pipeline is the widest it has been in a generation, and it runs through five corridors: Brickell, Edgewater, Miami Beach, Sunny Isles Beach, and Coconut Grove. This overview looks at the towers worth watching in each, then at what a luxury buyer should know before committing to a pre-construction contract: deposits, timelines, and the developer's track record.
The five corridors shaping the pipeline
Brickell remains the densest and most international of the five. Cipriani Residences, a roughly 80-story tower in the heart of the district, topped off in summer 2026 with delivery expected the following year (Condo Blackbook, verified November 2026), while Baccarat Residences, the Related Group's branded tower, advanced to around the 40th floor by spring 2026 (Condo Blackbook, verified November 2026). On Brickell Key, The Residences at Mandarin Oriental rank among the most anticipated launches in the pipeline (LuxuryDade, verified November 2026).
Edgewater's bayfront corridor is where much of the new product is landing. Villa Miami, a 56-story, 72-unit tower from Terra and One Thousand Group with pricing from roughly $5.8 million, reached the halfway mark in early 2026 and targets delivery in 2027 (Condo Blackbook, verified November 2026). Minutes from Wynwood, Midtown, and the Design District, the neighborhood pairs urban access with towers that actually face the bay.
Miami Beach's most talked-about launch is Ocean Terrace Residences in North Beach, from Witkoff Group with architecture by Robert A.M. Stern Architects: 20 floors, 52 condominiums, resort residences above a 42-key hotel, pricing published from about $4 million, and delivery expected in 2028 to 2029 (Robb Report, verified November 2026; Ocean Terrace Residences, verified November 2026).
Sunny Isles Beach
Sunny Isles is the branded-residence corridor, and the name on every buyer's list is Bentley Residences: the world's first Bentley-branded tower, a roughly 62-story Sieger Suarez design with about 216 residences and in-residence car elevators, now rising on the island's oceanfront (Florida YIMBY, verified November 2026).
Coconut Grove
Coconut Grove is adding the most distinct architecture of the five corridors. Four Seasons Private Residences Coconut Grove, from CMC Group and Fort Partners, started construction in late 2025 with about 70 residences, four penthouses, and delivery expected in 2028 (LuxuryDade, verified November 2026). The Well Coconut Grove, from Terra, broke ground in early 2026 and is part of the Grove's current pipeline alongside newer launches (newdev.miami, verified November 2026).
What luxury buyers should know before buying pre-construction
Pre-construction is not a simpler version of buying a finished home. It is a different product with a different contract, and the questions that decide success are the ones buyers rarely ask first.
Deposits
Deposits are typically paid in installments tied to construction milestones, and the schedule is negotiable far more often than buyers assume. The terms that matter are what you can recover if the project is delayed, canceled, or delivered differently than promised, and what happens to your position if the timeline slips. Our new construction buying guide walks the deposit structure and contract points in depth.
The timeline
Between contract and closing, two to four years is a normal planning horizon, and supertalls and first-generation towers run longer. The buyer who succeeds plans for that: financing that can wait, a current home that can flex, and a clear picture of what the finished building will deliver.
Developer reputation
The developer's delivered record is the single best predictor of the finished product. Ask for completed projects, on-time performance, and how each finished building compared with its original renderings, then verify it yourself before a deposit is committed.
Buying early vs. buying after completion
Buying early buys the entry price list, the broadest choice of floors and exposures, and often the developer's first-wave incentives. The trade-offs are the wait, the deposit at risk across the construction period, and the fact that the finished product remains, until delivery, a promise.
Buying after completion buys proof: the finished finishes, the common areas, and resale comparables you can see and touch. It usually costs more than initial release pricing, and a tower's best units often never reach resale at all. Neither path is objectively right; the right choice depends on your timeline, your risk tolerance, and whether the residence needs to produce income. Where this guide touches pricing, availability, or delivery dates it leaves them deliberately unstated: contact for current information on any specific project.
If you are comparing projects now, start with our new construction guide, and for the sky-high tier, the penthouse buyer's guide. Buyers weighing finished luxury product against the pipeline should also review our luxury homes overview.
The next step is a private consultation: see how consultations work, or book directly through the practice. And for a building-by-building tracker, our sister resource at floridasellinghomes.com/new-construction/ keeps the same pipeline updated with pricing and delivery notes.
Written by Kelby Contreras, Florida Luxury Real Estate.
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