St. Regis Residences Under Construction in Sunny Isles Beach

A $264 million building permit has been issued for The St. Regis Residences at 18801 Collins Avenue in Sunny Isles Beach, where construction is underway on a two-tower oceanfront condo project. The development will contain 320 residences across two 62-story, 750-foot towers. Fortune International Group and Château Group are developing, with architecture by Arquitectonica.

The 4.7-acre site has 435 linear feet of beachfront. The South Tower will hold 170 residences, the North Tower 150. Interiors are by Anastassiadis, landscaping by EDSA, and Coastal Construction is the general contractor. Construction began in September 2023. The South Tower foundation was completed in July 2026 after a continuous three-day pour of roughly 10,000 cubic yards of concrete. The North Tower is scheduled to break ground in early Q4 2026, with the South Tower scheduled for completion in 2028.

Amenities total more than 70,000 square feet, including private beach facilities, oceanfront and sunset pools, a signature restaurant, a wellness center and spa, a fitness center, children's and teen's clubs, a dog park and pet spa, and St. Regis Butler Service. The project also includes a 6,226-square-foot restaurant and 3,970 square feet of office space. The property operates under the St. Regis brand through a licensing agreement with Marriott International, with no hotel component.

Financing totals $532.1 million: a $418.3 million construction loan from Bank OZK and a $113.75 million North Tower loan from City National Bank of Florida. The site previously held the La Playa de Varadero condo, bought out for $112.5 million in 2014.