1. Project Overview
Lofty Brickell is a 44-story luxury residential tower rising along the Miami River in the heart of Brickell. Developed by Newgard Development Group and designed by acclaimed architecture firm Arquitectonica, Lofty Brickell stands out as Miami’s first high-rise specifically designed for short-term rentals, offering owners complete flexibility through platforms like Airbnb and VRBO.
2. Current Construction Status
As of mid-2025, Lofty Brickell is actively under construction and making strong vertical progress. The tower has passed foundation stages and is now several stories above grade. Structural concrete and framing are ongoing, and work is progressing swiftly on the building’s core.
Lofty Brickell is being built as part of a larger waterfront development that includes neighboring projects such as The Standard Residences Brickell. Both towers are being constructed simultaneously, contributing to rapid development along the Brickell riverfront.
3. Key Milestones Achieved
- Foundation work was completed in 2022.
- Vertical construction began in early 2023 and has reached the mid-level floors by summer 2025.
- Mechanical and core system installations are underway, preparing for future amenity and interior work.
4. Amenities in Development
Lofty Brickell will feature a rooftop pool, fitness and wellness studios, a co-working lounge, a private marina with dockmaster service, a cigar room, juice bar, and a members-only event space on the 44th floor known as the LOFTY Club. These amenities will be installed in later stages of the project, after structural completion.
5. Sales and Investor Interest
Sales at Lofty Brickell have been strong, with a majority of units under contract. A limited number of premium residences and penthouses remain available. All units are delivered fully furnished with interiors by INC. NYC, allowing for effortless move-in or immediate rental upon completion.
Buyers are drawn not only to the building’s luxury features and central location in Brickell, but also to the income potential provided by the short-term rental flexibility—a unique offering in Miami’s high-rise market.