Meliá Residences Miami reached its full structural height on May 21, 2026, with a topping-off ceremony attended by the full development team at 1120 SW 3rd Avenue in Brickell. Developed by Urban Network Capital Group in collaboration with Meliá Hotels & Resorts and Concepto Capital Group — a vertically integrated Miami-based platform founded from the architectural firm Concepto Taller de Arquitectura — the project marks Meliá's first hotel-branded residential concept in North America. Interiors by the Adriana Hoyos Design Studio translate Meliá's Mediterranean heritage into a residential setting through natural materials, warm textures, and a curated furnishings program that delivers each unit move-in ready. The $30 million construction loan, arranged by Concord Summit Capital, supported the completion of vertical construction now underway. The project advances into exterior and interior build-out following the topping-off milestone, with sales described as showing continued strong interest from both local and international buyers.
The Meliá topping-off adds a European hospitality brand with more than 40 countries of hotel operating history to the growing roster of branded residences delivering in Brickell in 2026–2027. The fully furnished, turnkey delivery format also positions Meliá Residences within the buy-and-lease investment category that has driven sustained demand from LATAM buyers treating Miami preconstruction as a lifestyle-and-yield play.
What milestone was reached and when?
Urban Network Capital Group (UNCG), Meliá Hotels & Resorts, and Concepto Capital Group celebrated the topping-off of Meliá Residences Miami on May 21, 2026 — the first hotel-branded residential concept by Meliá Hotels & Resorts in North America to reach full structural height.
Where is the project located and what does it deliver?
1120 SW 3rd Avenue in Brickell, Miami. The tower delivers fully furnished, turnkey residences with interiors by Adriana Hoyos Design Studio in a Mediterranean-inspired palette of natural materials and organic textures. Architecture by Concepto Taller de Arquitectura.
What financing supports the project?
A $30 million construction loan arranged by Concord Summit Capital. Concepto Capital Group played a key capitalization and development role, operating as a vertically integrated platform combining architecture, investment, development, marketing, and sales. The firm's broader portfolio spans $899 million in sellout value, over 2,110 units, and more than 2 million square feet of gross area.
What amenities does the project include?
A wellness and relaxation suite, fitness facilities inspired by Mediterranean living, resort-style pools, outdoor terraces, social lounges, and coworking areas — all delivered with Meliá's global hospitality service platform. Every residence is delivered fully furnished and move-in ready.
What is Meliá's significance in this context?
Meliá Hotels & Resorts is one of Europe's leading hospitality groups, headquartered in Palma de Mallorca, Spain, with more than 350 hotels across 40 countries. Meliá Residences Miami represents the brand's debut in the North American residential market — a milestone for a European brand with deep roots in the Spanish-speaking international buyer community that is most active in Miami's luxury preconstruction market.