Baccarat Residences Miami

Executive Overview

Baccarat Residences Miami is the first residential expression in the United States of Baccarat Hotels & Residences, the French crystal maison founded in 1764, developed by Related Group with GTIS Partners and designed by Arquitectonica. It rises 75 stories at 444 Brickell Avenue, on the point where the Miami River meets Biscayne Bay - the entrance to Brickell, Miami's financial and luxury core.

The tower holds a collection of 316 flow-through residences beginning on the 15th level, crowned by 8 penthouses across the top three floors, and grounded by 28 riverfront flats and duplexes fronting a landscaped river promenade. Every tower residence is flow-through, drawing light and water from both the bay and the river, with interiors by New York's Meyer Davis Studio and gardens by Swiss landscape architect Enzo Enea.

Its neighbours are not incidental. The residences connect by promenade to the Miami Circle National Historic Landmark, sit minutes from Pérez Art Museum Miami and Brickell City Centre, and carry private membership at the Beach Club at 1 Hotel South Beach - the sister property of operator SH Hotels & Resorts. This is not simply a branded condominium. It is the maison's first American home, run as a hotel and owned as a residence.

Key Property Highlights

Property

• Fee-simple condominium ownership, available to international buyers
• 75-story glass tower: 316 flow-through tower residences, 8 penthouses, and 28 riverfront flats and duplexes
• One- to four-bedroom residences, plus an eight-unit penthouse collection
• Approximately 1,540 to 9,074 sq ft
• Delivered with curated decorator finishes, ready for immediate occupancy
• Ten-foot ceilings in typical residences, rising to eleven and twelve feet in the penthouses
• Eight-foot-deep private terraces from the living and master areas; wrap-around terraces at corner units
• Anticipated completion early 2028

Location

• 444 Brickell Avenue - where the Miami River meets Biscayne Bay
• Brickell financial district - immediate
• Miami Circle National Historic Landmark park - connected by the river promenade
• Brickell City Centre - nearby
• Pérez Art Museum Miami - minutes north
• Beach Club at 1 Hotel South Beach - via private resident water taxi
• Miami International Airport - approx. 15 minutes by car

Distinct Features

• Developer: Related Group, with development partner GTIS Partners
• Architect: Arquitectonica
• Interior designer: Meyer Davis Studio
• Landscape architect: Enzo Enea, Enea Garden (Zurich)
• Brand and management: Baccarat Hotels & Residences, operated by SH Hotels & Resorts
• Private marina with over 300 linear feet of dockage, resident yacht and water taxi
• Beach Club membership at 1 Hotel South Beach
• The first Baccarat-branded residence in the United States and one of only a handful worldwide - a designation that cannot be replicated in this market

Living Experience

Life here is organised around light and water. Because every residence is flow-through, mornings arrive from the river and evenings settle over the bay; ten-foot ceilings and floor-to-ceiling impact glass pull both into the interior, while eight-foot-deep terraces extend the living space into open air.

Meyer Davis Studio designed the interiors to feel quiet rather than ornamental - the restraint of a private residence rather than a hotel suite - so that the crystal, the light and the views remain the protagonists. Custom Italian cabinetry, imported stone and concealed Sub-Zero and Wolf appliances are built in rather than displayed.

Residents share a full floor of amenities, managed by SH Hotels & Resorts with a dedicated concierge team:

• 14th-level resort deck with zero-entry heated saline pool, outdoor spa, cabanas and summer kitchen overlooking Biscayne Bay
• Grand Salon, Petite Salon and Harmonie Lounge for gatherings, with Baccarat chandeliers throughout the public spaces
• Hammam spa with men's and women's steam and sauna, treatment rooms and spa shop
• Fitness center curated by Anatomy with cardio theater, spinning, yoga and meditation rooms
• Private screening room, game room, children's playroom, wine cellar and tasting salon, and the Orangerie for chef-catered dining
• Gourmet kitchens with custom Italian cabinetry by Meyer Davis Studio and Sub-Zero, Wolf and Cove appliances
• Master suites with 'his and hers' walk-in wardrobes and stone baths with stand-alone tubs and rain showers

The effect is a residence that performs like a private hotel and lives like a home on the water.

Unique Value Proposition

Baccarat Residences Miami occupies a positioning gap that is structurally difficult to reproduce. First, the brand: this is the maison's first residential project in the United States and one of only a handful of Baccarat-branded residences worldwide - a scarcity of brand, not of inventory. Second, the site: a flow-through tower on the single point where the Miami River meets Biscayne Bay, at the entrance to Brickell, where no comparable waterfront parcel remains. Third, the authorship: Arquitectonica architecture, Meyer Davis interiors and Enzo Enea landscape, delivered by Related Group - a combination of names a later competitor cannot assemble after the fact.

• First and currently only Baccarat-branded residence in the United States
• Last-of-its-kind waterfront position at the mouth of the Miami River in Brickell
• Hotel-grade operations by SH Hotels & Resorts, operator of Baccarat Hotel New York and 1 Hotels
• Private marina and Beach Club access tied to land and water rights that cannot be added later

This is not a branded tower competing on finishes. It is a scarce brand on a scarce site, operated as a hotel.

Investment Perspective

The investment case rests on structural positioning rather than projection. Brickell remains one of the most supply-constrained luxury submarkets in the United States: waterfront land at the river mouth is effectively exhausted, and branded-residence inventory carrying a true hotel operator is a small fraction of the pipeline. Scarcity of both site and brand tends to support pricing through cycles more reliably than amenity-led product.

Demand is international and deep - Brickell draws Latin American, European and domestic buyers seeking a fee-simple US asset with hotel-managed service and rental flexibility. The barrier to future competing supply is physical and regulatory: there is no adjacent parcel of comparable frontage, and the Baccarat brand is not available to a competing developer in this market.

• Fee-simple ownership in a globally recognised, supply-constrained submarket
• Hotel-managed operations supporting service consistency and resale narrative
• Branded-residence premium tied to a maison with more than 250 years of brand equity

No specific return projections are implied.

Developer Credibility

Related Group, founded in 1979, is Florida's leading developer of metropolitan residential towers, having built, rehabilitated or managed more than 100,000 units, including Residences by Armani Casa and the Park Grove collection. Here it partners with GTIS Partners, a New York-based real-asset investment firm active across more than 130 US assets.

The brand partnership is integrated rather than licensed. SH Hotels & Resorts - an affiliate of Starwood Capital Group and operator of Baccarat Hotel New York and the 1 Hotels portfolio - manages the residences directly, from concierge and housekeeping to the amenity program and the Beach Club relationship at 1 Hotel South Beach. The result is a residence where the brand governs daily operations, not just the nameplate.

Private Access

Access to current availability and pricing is arranged privately through One And Only Realty. Detailed floor plans, the penthouse collection, finish specifications and payment schedules are available upon request.