Urban Network Capital Group, Meliá Hotels & Resorts, and Concepto Capital Group topped off Meliá Residences Miami, reaching the building's full 8-story height. The milestone marks the completion of vertical construction on Meliá's first hotel-branded residential concept in North America.
The 110-unit building includes studios, junior suites, and one-bedroom layouts, each fully furnished and finished as a turnkey home. Owners can enter a professionally managed hotel program designed to generate rental returns while the building operates under Meliá's hospitality standards. Adriana Hoyos Design Studio designed the residences and common areas around a Mediterranean-inspired palette, while Concepto Taller de Arquitectura handled the residential room design. A $30 million construction loan arranged by Concord Summit Capital, with Concepto Capital Group's strategic involvement, is funding the project's advance into its next phase.
Meliá's entry into Miami through a hotel-branded residential model reflects continued investor appetite for hospitality-managed condos that combine turnkey ownership with rental income potential. The project continues advancing toward its next construction phases following this milestone.
Frequently Asked Questions (FAQs)
What does the topping-off milestone mean for Meliá Residences Miami?
It marks the completion of all vertical structural work, with the building successfully reaching its full 8-story height.
What type of ownership model does the building offer?
It features a flexible, turnkey model where fully furnished units can be placed into a professionally managed hotel rental program.
Who designed the interiors and common areas?
The common areas and residences were designed around a Mediterranean palette by Adriana Hoyos Design Studio, with room designs by Concepto Taller de Arquitectura.
How many units are in the building and what are their layouts?
The boutique building features 100 total units consisting of studios, junior suites, and one-bedroom configurations.
What is the significance of this project for the Meliá brand?
This development represents the very first hotel-branded residential concept for Meliá Hotels & Resorts in North America.