A February groundbreaking date has been announced for the 44-story Lofty Brickell, according to the Herald.
Construction permitting is already underway, Miami Building Department records show. Demolition at the site has been completed.
The developer is also planning to build additional housing towers on land it owns adjacent to the Lofty site, the report said.
Lofty will cost $300 million to build.
Even before construction, a total of 320 of 362 condos at Lofty (or 88% of units) have been sold, the developer told the paper.
Prices start at $600,000 for a 500 square foot units, and go up to $3.5 million for a 1,300 square foot unit.
Condos at Lofty are delivered fully furnished, with short-term rentals permitted.
Newgard is the developer, with Arquitectonica the architect.
