Faena Residences Miami, located at 24 SW 4th Street (formerly the site of One River Point), is an ultra-luxury twin-tower development that marks the Faena brand’s first foray into standalone residential living in Downtown. Developed by Fortune International Group, KAR Properties, and led by the visionary Alan Faena, the project is designed by the late, world-renowned architect Rafael Viñoly.

As of March 2026, the project is in the early vertical construction phase. Following the official sales launch in late 2024 and groundbreaking in late 2025, the twin 62-to-68-story towers are now rising along the Miami River. The development is on track for a 2029 delivery, serving as the anchor for a new 14-acre Faena District cultural hub.

Project Overview and Status

Architecture: The Sky Bridge Legacy

Viñoly’s final masterpiece features two distinct towers linked by a massive, 45,000-square-foot Sky Bridgesuspended 700 feet above the river. This three-story glass structure is more than an architectural feat; it serves as a private cultural and wellness sanctuary for residents.

The interiors by Bryan O’Sullivan Studio blend European elegance with Faena’s signature bold, artistic flair. Residences are characterized by expansive “River Loft” and “Sky Loft” layouts, featuring 10 to 12-foot-deep terraces that function as outdoor living rooms.

Residence Features Table

The Faena District Experience

Unlike traditional luxury condos, Faena Residences is part of a 14-acre private park and cultural district, offering residents 125,000 square feet of total amenities.

Amenities Table (Wellness, Culture, and Social)

Pricing and Deposit Structure (March 2026)

Faena Residences offers a more accessible entry point to the brand compared to Faena House on the beach, while maintaining ultra-luxury standards.

Current Market Pricing (March 2026 Pre-Construction)

Deposit Schedule: 10% at Reservation/Contract, 10% 120 days post-contract, 10% at Groundbreaking (Paid), 10% at 12-month post-groundbreaking, 10% at top-off, and 50% at closing.

Why Choose Faena Residences Miami

• Viñoly’s Final Act: Own an iconic piece of architectural history from the designer of 432 Park Avenue.

• The Sky Bridge: Access to one of the world’s highest and most exclusive private clubs.

• Riverfront Transformation: Be at the heart of the “New Miami River” district, which is seeing billions in nearby investment.

• Wellness & Longevity: The most comprehensive wellness program in Downtown, focusing on holistic and medical-grade recovery.

Why Partner With Us for Faena

As the towers move vertical in 2026, the available inventory for prime “River Loft” units is decreasing rapidly. We provide our clients with “Faena Ecosystem Access,” ensuring you receive priority for the brand’s global events and beach club reciprocity. We also offer “Riverfront View Protections Analysis” to verify that your tower-specific views remain unobstructed by future neighboring developments.