Villa Miami is the first residential building Major Food Group has ever branded — the restaurant group behind Carbone, Sadelle’s and ZZ’s — and it is rising at 710 NE 29th Street on the Edgewater waterfront. Fifty-six storeys, 650 feet, 70 residences, and a copper exoskeleton already legible from the Julia Tuttle Causeway.
This page is what I can verify, dated, with sources. Where the developer’s own materials disagree with the trade press, I say so rather than pick the flattering number.
Villa Miami — Building Facts
- Address
- 710 NE 29th Street, Miami, FL 33137 (sales gallery: 700 NE 29th Street)
- Neighbourhood
- Edgewater
- Developers
- Terra · One Thousand Group
- Hospitality Partner
- Major Food Group
- Architect
- ODP Architecture & Design · Kurt Dannwolf
- Interior Design
- Vicky Charles, Charles & Co
- Landscape
- Enzo Enea
- General Contractor
- Moss Construction
- Storeys / Height
- 56 · 650 ft (the 2023 reveal said 58)
- Residences
- 70 (the widely-repeated 72 was superseded at groundbreaking)
- Pricing
- Entry reported $5M–$5.5M · “Villa Triplo” penthouse $55M
- Sales
- Douglas Elliman
- Construction Loan
- $285M · Tyko Capital, December 2024
- Status
- Under construction — 37 floors as of 18 May 2026
- Est. Completion
- Late 2027, no announced slippage
Verified 4 August 2026 against primary sources only. Where sources disagree, both figures are shown. Pre-construction figures change — confirm against the current price sheet and the recorded condominium documents before you sign.
Key Takeaways
- 70 residences, 56 storeys, 650 feet — not the 72 units or 58 storeys still circulating on aggregator sites. Both were superseded at groundbreaking.
- 37 floors as of May 2026, roughly 65% of final height. Delivery held at late 2027 with no announced slippage.
- $285 million construction loan from Tyko Capital closed December 2024. Foundation pour finished four weeks ahead of schedule.
- Penthouse “Villa Triplo” asks $55 million for 15,000 total square feet — about $4,300 per interior foot. Entry pricing reported between $5M and $5.5M.
- The real product is access: VIP status across every Major Food Group restaurant, a two-level MFG restaurant in the base, and a residents-only club on levels 3–5.
- No topping-out has been confirmed since 18 May 2026. Anyone telling you it is topped off is guessing.
What Is Actually Being Built
Villa Miami is a 56-storey, 650-foot condominium tower with 70 half-floor and full-floor residences, developed by Terra and One Thousand Group, with Major Food Group as the hospitality and branding partner. The architect is ODP Architecture & Design, led by Kurt Dannwolf. Interiors are by Vicky Charles of Charles & Co — the AD100 designer who shaped Soho House for years, and this is her first Miami project. Landscape is by Enzo Enea, structural engineering by DeSimone, and Moss Construction is the general contractor. Douglas Elliman has the sales.
Two numbers on this building are wrong almost everywhere you look. The first is the unit count. A July 2024 press cycle announcing Moss as general contractor put the building at 72 residences, and that figure propagated widely. Every dedicated report from the December 2024 groundbreaking onward — and the developer’s own press boilerplate — says 70. The second is height: the 2023 reveal announced 58 storeys; the built design is 56.
A third discrepancy is smaller but worth knowing if you are checking it yourself. The official site lists the address as 700 NE 29th Street; every press source, and the construction financing documentation, says 710. The 700 address appears to be the sales gallery.
Where Construction Stands Right Now
This is a real building going up on schedule, which in Miami in 2026 is not a given.
Ground broke on 5 December 2024, during Art Basel week. Later that month Terra and One Thousand Group closed a $285 million construction loan from Tyko Capital — the debt platform run by Adi Chugh and backed by Paul Singer’s Elliott Investment Management — arranged by Walker & Dunlop.
The foundation pour completed on 9 May 2025, four weeks ahead of schedule: fourteen hours, 3,400 cubic yards of concrete, 2,095 tons of reinforcing steel, 43 trucks. The superstructure passed 21 floors in January 2026, reached the halfway mark around 28 floors in March 2026, and stood at 37 floors — over 65% of the final count — as of 18 May 2026, with glazing already going in on completed residential levels.
“The tower’s silhouette is now visibly emerging across the skyline, from the Causeway to Miami Beach, signaling the arrival of a new architectural landmark on Biscayne Bay.”
David Martin, CEO, Terra — January 2026
One honest caveat. The most recent primary-source construction update is 18 May 2026. At the March-to-May pace of roughly nine floors in ten weeks, the tower would plausibly be at or near topping out by now — but no source confirms it, so this page does not claim it. A separate nine-storey parking structure is planned on an adjacent parcel.
The Major Food Group Question
Branded residences usually mean a logo and a licensing fee. The reasonable question is whether this is different. Major Food Group’s own co-founder has been unusually direct about the answer.
“We’re involved in every single thing in the building. We chose [designer] Vicky Charles. Every single thing you see in the building, whether it’s food- and beverage-related, amenity-related, design-related, what the sink in the bathroom looks like, what the kitchen looks like, what the branding looks like. We have our hands in all of that.”
Jeff Zalaznick, co-founder, Major Food Group — The Real Deal, November 2024
What that translates to, per the developer’s published programme:
- The Copper Club, residents-only, across levels 3–5. Level 5 is wellness — sauna, herbal steam, chromotherapy showers, hot and cold plunges, spa and salon, treatment rooms, pool deck. Level 4 is recreation — fitness, boxing and yoga rooms, game room, screening room. Level 3 is dining and administration — a residents’ dining level, great room, boardroom, estate manager’s office, and an in-house curator.
- A two-level Major Food Group restaurant and bar in the base, levels 1–2, with an outdoor terrace and baywalk access — open to the public.
- VIP status across the MFG portfolio, plus early access and invitations to MFG events. This is the differentiator. Priority at Carbone, Sadelle’s and ZZ’s is the thing being sold.
- In-residence culinary service — pantry stocking, wine cellar curation, at-home chef and dinner-party catering.
- A “Major Domo” chief concierge running operations, and a dedicated curator for reservations, tickets and vendors.
- A private beach club south of Fifth on Miami Beach, with reserved chairs and car service, plus private boat slips on Biscayne Bay and a rooftop helipad.
The Residences
Four residence types, per the developer’s published floor plans:
| Type | Configuration | Interior sq ft |
|---|---|---|
| Villa Mezzo (half-floor) | 3 bed / 3 bed + office / 4 bed | 2,936 – 3,316 |
| Villa Piano (full-floor) | 4 or 5 bed | 6,548 – 6,618 |
| Villa Doppio (duplex) | 6 bed | 13,474 – 13,498 |
| Villa Triplo (penthouse) | 5 bed triplex | 15,000+ total |
Residences occupy levels 6 through 52; the penthouse spans 53 to 55. The inverted “V” corner columns carry the load, which is what allows the floor plates to open up the way the plans show.
What It Costs
The published number is the penthouse. Villa Triplo asks $55 million — a three-storey, five-bedroom triplex at roughly 15,000 total square feet (12,752 interior plus 2,069 exterior), delivered fully finished and furnished. That works out to about $4,300 per interior square foot, or roughly $3,670 across total area.
Entry pricing is less settled, and the sources disagree. The Real Deal reported units starting at $5 million in December 2024; Florida YIMBY reported $5.5 million in May 2025. At launch in March 2023, full-floor units were quoted from $8.5 million for 6,200 square feet — about $1,370 per foot. Douglas Elliman publishes floor plans and square footages but no prices, and there is no published blended price per square foot for the general stack. Anyone quoting you one is estimating.
For context on where that sits, see the Miami penthouse market and the wider luxury condo picture.
What to Watch Before You Sign
Nothing here is a reason not to buy. These are the things I would want disclosed to me, and none of them appear in the marketing.
The specification has moved twice. Storeys went 58 to 56; units went from roughly 50–70 at launch, to 72, to 70. If you are working from a fact sheet printed before December 2024, it is wrong. No source explains why the count dropped from 72 to 70.
Sponsor-level litigation. In April 2026, Deauville Associates sued Terra CEO David Martin and related entities, alleging he “manipulated and tricked” 88-year-old Belinda Meruelo into selling a 25% stake in the Deauville Beach Resort at a steep discount. Claims include fraud and breach of fiduciary duty, with over $100 million sought. It is a different project and does not mention Villa Miami — but it is developer-reputation risk, and any buyer running diligence will find it.
Single-lender concentration. The $285M facility is entirely from Tyko Capital, a relatively new platform that has become a very large lender to Miami condo projects. Villa Miami shows no distress. But 2026 has already produced Miami towers that stalled — Mercedes-Benz Places faced foreclosure in April 2026 — and concentration is worth understanding rather than ignoring.
No published sales velocity. Nobody publishes how many of the 70 are under contract, or the projected sellout. Ask, and ask for it in writing.
Assessment history does not exist, and cannot. The association has not been formed and the building has never been occupied. Any claim about Villa Miami’s assessment record is false on its face.
Edgewater Around It
Villa Miami is not rising alone. Edgewater is absorbing more new luxury supply than any other Miami submarket right now — EDITION Residences, Aria Reserve, Cove Miami and Vida Residences among them.
“We are building a tower for a new generation of buyers who are choosing Miami as their primary home.”
Kevin Venger, co-founder, One Thousand Group — January 2026
That is the bet, and it is a reasonable one. It also means Villa Miami will deliver into a neighbourhood with meaningful competing inventory arriving in the same window. Depth of supply matters more at resale than at launch. The full pipeline is on the new construction page.
Verified 4 August 2026
- Address — 710 NE 29th Street, Miami, FL 33137 (Edgewater)
- Height — 56 storeys / 650 feet
- Residences — 70 (half-floor, full-floor, duplex, triplex penthouse)
- Developers — Terra; One Thousand Group. Hospitality: Major Food Group
- Architect — ODP Architecture & Design (Kurt Dannwolf) · Interiors — Charles & Co (Vicky Charles)
- Status — 37 floors as of 18 May 2026; topping out not yet confirmed
- Delivery — late 2027
- Penthouse — $55,000,000 ask, ~15,000 sq ft total
Every figure above is sourced below and was checked on 4 August 2026. Specifications on pre-construction buildings change; if you are relying on one of these numbers for a decision, ask me to re-verify it that week.
Villa Miami: frequently asked questions
How many residences are in Villa Miami?
70. An earlier July 2024 announcement said 72, and that figure still circulates on listing-aggregator sites, but every report since the December 2024 groundbreaking — and the developer’s own press material — says 70.
When will Villa Miami be completed?
Late 2027. That date has been stated consistently since the construction loan closed in December 2024 and has not slipped. Groundbreaking itself was about six months late, but delivery has held.
How tall is Villa Miami?
56 storeys and 650 feet. The 2023 reveal announced 58 storeys; the built design is 56. Residences occupy levels 6 to 52, with the penthouse on 53 to 55.
How much does a residence at Villa Miami cost?
The penthouse asks $55 million for roughly 15,000 total square feet, about $4,300 per interior foot. Entry pricing has been reported at $5 million and at $5.5 million by different outlets. There is no published blended price per square foot.
What does the Major Food Group partnership actually give residents?
VIP status and early access across every MFG restaurant, a two-level MFG restaurant and bar in the building’s base, in-residence chef and catering services, pantry and wine-cellar curation, and a residents-only club on levels 3 to 5. MFG selected the interior designer and, by its co-founder’s own account, is involved in the building’s design decisions rather than licensing a name.
Is Villa Miami actually under construction, or is it stalled?
Under construction and on schedule. It reached 37 floors as of 18 May 2026, roughly 65% of final height, with glazing underway. No primary source has published an update since then, so topping out is not confirmed.
Where exactly is Villa Miami?
710 NE 29th Street in Edgewater, on the Biscayne Bay waterfront. The developer’s own site lists 700 NE 29th Street, which appears to be the sales gallery; press and financing documents use 710.
Sources and further reading
- Florida YIMBY — 56-Story Villa Miami Continues Ascent at 710 NE 29th StreetConstruction status at 37 floors, storey count, unit count, delivery date and project team. Published 12 May 2026.
- PROFILEmiami — Construction on Villa Miami Reaches 37th FloorMost recent construction milestone and developer statements. Published 18 May 2026.
- The Real Deal — Terra, One Thousand Group Nab Construction Loan From TykoThe $285M construction loan, lender, unit count, storey count, pricing and completion year. Published 26 December 2024.
- Florida YIMBY — Villa Miami Secures $285 Million in Financing Following GroundbreakingGroundbreaking date, financing, address and late-2027 delivery. Published 28 December 2024.
- Florida YIMBY — Foundation Work Completed at Villa MiamiFoundation pour specifics, full project team and pricing from $5.5M. Published 16 May 2025.
- PROFILEmiami — Villa Miami Reveals $55 Million Three-Story Estate in the SkyVilla Triplo penthouse pricing, dimensions and configuration. Published 8 December 2025.
- The Real Deal — The Closing: Jeff ZalaznickMajor Food Group’s direct role in the building’s design and specification. Published 4 November 2024.
- The Real Deal — Meruelos Sue David Martin Over Deauville ResortSponsor-level litigation against Terra’s CEO. Published 23 April 2026.
- Villa Miami — official residences and Copper Club pagesResidence types, floor plans, square footages and the amenity programme. Accessed 4 August 2026.
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Part of New Construction.