Lofty Brickell Developer Signs Utilities Deal For 782 Residential Units

Miami Dade’s Water and Sewer Department has agreed to a deal that will bring utilities to the site where the Lofty Brickell tower is planned.

According to the agreement recorded on September 8, the project will include:

  • 782 apartments
  • 11,364 square feet of full service restaurant
  • 13,928 square feet of office

The first Lofty Brickell tower is being marketed as a 44-story building with 364 residential units, allowing short-term rentals.

Harvey Hernandez signed the deal on behalf of 99SW7 Holdings LLC.

Demolition at the site began in June, and a construction loan was announced that same month. There does not yet appear to be a construction permit pending.