Casa Bella Residences Completed at 1400 Biscayne
The 56-story tower in the Arts & Entertainment district has cleared its $240 million loan as closings continue.
Updated on Oct. 5, 2026 in Construction
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Developers Related Group and Alta Developers have wrapped up construction on the 56-story Casa Bella Residences at 1400 Biscayne Boulevard. More than 200 unit sales have closed since the tower began welcoming residents in July.
Why it matters
The tower is now more than 95 percent sold, reflecting strong continued interest in the city core from both South American and domestic buyers. The project reached completion as units are currently trading at $1,400 to $1,500 per square foot.
The tower has moved 200 units toward a total projected sellout value of $580 million. Pricing has climbed significantly from the initial $900 per square foot observed when sales launched in 2021.
The players
Related Group
The co-developer that led the project at 1400 Biscayne Boulevard.
Alta Developers
The co-developer that partnered on the construction of the residential tower.
Cain International
The lender that provided the $240 million construction loan for the project.
Arquitectonica
The architecture firm responsible for the tower design.
Fortune Development Sales
The firm that led marketing and sales for the 319-unit building.
The details
The project, designed by Arquitectonica with interiors by Piero Lissoni, stands just south of the Adrienne Arsht Center. After securing the project site for $57.7 million in 2014, developers utilized a $240 million construction loan from Cain International to complete the building. Sales were handled by Fortune Development Sales, with a buyer mix currently estimated at 60 percent South American and 40 percent domestic.
Timeline
2014: The building site at 1400 Biscayne Boulevard was purchased.
2021: Developers launched sales for the residential project.
2023: Cain International provided the construction loan.
July 2026: Closings for units began at the new tower.
Beyond the 305
This completion follows the pattern of rapid inventory absorption seen during the 2021 launch of Miami residential construction projects. The tower mirrors the shift toward high-density luxury living in the urban core that has characterized this development cycle.
Residents in the Arts & Entertainment district may notice increased activity near 1400 Biscayne Boulevard as move-ins continue. Buyers who previously tracked the project will see that current market value has risen to $1,400 per square foot since sales began.
The takeaway
The project demonstrates the high demand for residential space in the city's urban core near the Adrienne Arsht Center. Prospective buyers or observers should continue to track available inventory as the remaining five percent of units come to market.
Further reading
For more on large-scale developments currently moving through the city, check out the latest Construction updates.
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