Strong demand is being reported for the newly announced condos at The Standard Residences in Midtown Miami.
According to developer Carlos Rosso, there are already reservations for 30% of The Standard’s 228 units.
The 30% sales milestone was hit in just one week, Rosso said.
A launch party for the project was held earlier this week.
Rosso said Miami is continuing to grow in a trend that began as a result of Covid-19.
Residents from the Northeast, California and other high tax areas continue to flock to Miami, and more companies are continuing to sign new leases here and add to the office base, he said.
“Office rents are higher, companies are hiring more talent, the salary base keeps growing – all great signs of growth for residential development,” he added.
The Standard Residences is planned to include:
The project’s unique amenities will include an infrared sauna, karaoke room, dog spa, and pickleball court with disco lights, according to Standard International’s Amar Lalvani.
Construction is planned for mid-2022, with completion by December 2023.