Tulip Developments Residential Tower Real Estate SoldPreconstruction

Rising 536 feet, the mixed-use tower will total 752,802 square feet and feature 499 residential units, 5,555 square feet of ground-floor retail, 3,117 square feet of restaurant space on the 45th floor, and 620 parking spaces following a 20 percent reduction. The structure’s podium-and-tower composition will activate Biscayne Boulevard with transparent façades, shaded walkways, and landscaped frontage designed to enhance the pedestrian experience.

Of the 499 residences, 203 units will be designated as workforce housing under the Live Local Act, reserved for households earning up to 120 percent of the area median income. These include 196 studios averaging 523 square feet and seven one-bedroom apartments averaging 658 square feet, located on the lower floors. The upper portion of the tower will contain 296 market-rate condominiums, including 161 one-bedroom, 81 two-bedroom, and 54 three-bedroom layouts ranging from 831 to 1,185 square feet. Amenities will occupy the second, ninth, and tenth floors, featuring a landscaped pool deck and social lounges.

According to the architectural narrative, the design unifies two adjacent parcels into a single, cohesive urban form that enhances the pedestrian realm and contributes to Miami’s evolving skyline. Sustainability and resilience are emphasized throughout, with native landscaping, passive shading systems, and integrated stormwater management. Parking and service areas will be fully enclosed within the podium and screened by habitable liner spaces in compliance with Miami 21 standards.

Tulip Developments Group, managed by Amit Kort of Sunny Isles Beach, acquired the site in 2022 for $16.5 million. The development team includes Karl-Ulrich Ansorg of Berlin-based AnsorgDevelopment, Kobi Elbaz of Tulip Group, and Ofir Gabriel of goTRG.