Mercedes-Benz Places Miami Rendering
Pre-Construction · Brickell · Completion 2028, delayed

Mercedes-Benz Places Miami, Prices, Floor Plans & Pre-Construction Details

LuxuryDade tracks Mercedes-Benz Places Miami, the first Mercedes-Benz branded residential project in the United States: 791 residences across 67 stories at 1 Southside Park in Brickell, priced from $750,000 to $4 million and set for completion in 2028, per Miami New Times. That target is at risk. The Real Deal reported in April 2026 that construction was delayed under a foreclosure suit, and as of August 25, 2026 the rescue financing had still not closed.

791 branded residences rising 67 stories above Southside Park in Brickell, America's first Mercedes-Benz residential tower. By JDS Development Group, from $750,000.

Rendering courtesy of JDS Development Group.

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Quick Facts: Mercedes-Benz Places Miami
Developer
JDS Development Group
Architect
SHoP Architects (New York)
Interior Design
Mercedes-Benz Design with SHoP Architects and Woods Bagot
Total Units
791 branded residences
Floors
67 stories
Unit Types
Studios to three-bedrooms
Price Range
$750K to $4,000,000
Estimated Completion
2028, delayed from 2027
Neighborhood
Brickell, Miami, FL 33130
Address
1 Southside Park, 191 SW 12th St, Miami, FL 33130
Construction Status
Construction delayed during the foreclosure suit
Hotel Component
174-key Mercedes-Benz hotel

Last verified September 15, 2026 by Gerardo Gonzalez, Licensed Real Estate Agent at Compass. Pricing, the 2028 completion target, the 174-room hotel and the design team are from Miami New Times; the delay to the 2027 delivery, the SHoP Architects credit and the foreclosure figures are from The Real Deal; the August 25, 2026 financing status is from The Real Deal. Prices, unit counts, and dates are set by the developer and subject to change.

Gerardo Gonzalez
Gerardo Gonzalez
Licensed Real Estate Agent, Compass
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Overview

Mercedes-Benz Places: Brickell's First Branded Mega-Tower

"My advice on a branded tower like Mercedes-Benz Places is simple: get in early. On pre-construction, buyers who reserve on the first price release almost always pay less than those who wait for a later phase or resale, because developers raise prices as the building sells through and construction progresses. On a project this size, that early-buyer gap is real money."Gerardo Gonzalez, Licensed Real Estate Agent at Compass

Rising 67 stories above Southside Park, one of Brickell's rare green spaces, Mercedes-Benz Places Miami is not simply another luxury tower. It is the first residential project in the United States to carry the Mercedes-Benz name, a designation that landed as international news when pre-sales launched in 2022 and that continues to drive sustained attention from buyers across Germany, Brazil, China, and the Middle East. At 1 Southside Park, residents gain something most Brickell towers cannot offer: a parkside address just steps from the bay, the Brickell financial district, and the Metrorail, without sacrificing any of the access that makes this neighborhood Miami's most dynamic urban core.

The developer behind Mercedes-Benz Places is JDS Development Group, a New York firm that has earned its reputation by doing what others won't. Their 111 West 57th Street, the Steinway Tower, holds the title of the world's slenderest supertall skyscraper, rising 1,428 feet on a Manhattan footprint of just 57 feet wide. That project set a global benchmark for engineering ambition and design precision. JDS's entry into Miami is no less deliberate: they saw a market where branded residences were trending toward rarefied price points and positioned Mercedes-Benz Places to start at $750,000, per Miami New Times, a calculated move to capture a wide buyer pool while still commanding the brand premium that purely residential towers can't match.

The architecture is by SHoP Architects, the New York firm that designed the Barclays Center in Brooklyn and has become synonymous with technically innovative, globally recognized design. The interiors are a collaboration: Mercedes-Benz Design is partnering with SHoP Architects and Woods Bagot, per Miami New Times, with floor-to-ceiling windows up to 10 feet high and custom kitchens and bathrooms. The result is a building where the brand expression is not a logo applied at the lobby entrance but a coherent design philosophy embedded in every material selection, every fixture specification, every proportional decision from parking to penthouse.

The amenity program runs to more than 130,000 square feet of amenity and hospitality space alongside 200,000 square feet of office space, per Miami New Times. The published program includes two signature restaurants, Mercedes-Benz house cars, a Mercedes race car simulator, sun and garden pools, padel courts, a recording studio, a cinema, the resident-only Silver Arrow Lounge with a 52-foot rooftop pool, and a two-acre park. The 174-room hotel inside the tower brings the staffing and service culture of a hotel operation, concierge, valet and housekeeping at a standard pure residential buildings struggle to sustain.

For investors, the financial case begins with scale. At 791 units, Mercedes-Benz Places creates its own secondary market. Branded towers in Miami with 100 to 200 units can stagnate at resale, too few transactions to establish price benchmarks, too few buyers competing for too few listings. At 791 units, the building generates consistent transaction volume, which protects liquidity and gives buyers a realistic exit path. The $750,000 studio and one-bedroom entry targets Brickell's highest-demand rental segment: the young professional and corporate renter who pays a premium for a well-amenitized unit in a walkable location. We do not publish a yield projection for this building, because the delivery date is unsettled and any rent assumption stretched to 2028 would be a guess dressed up as a number. Read the full Brickell area guide →

To review available residences, obtain the full floor plan package, or discuss the deposit structure and financing options at Mercedes-Benz Places Miami, contact Gerardo Gonzalez at LuxuryDade. As an independent advisor at Compass, not a developer sales agent, Gerardo provides unbiased analysis across the entire Brickell pre-construction pipeline so you can make the right decision with complete information. Call 305-964-8614 or reach out through the contact form below.

Residences

Floor Plans & Unit Types

The residences run studios through three-bedrooms and the published range is $750,000 to $4 million, per Miami New Times. The developer has not published per-line square footages or floor bands, so contact us for current availability and pricing on specific units.

Floor Plan Image, Studio
Studio / 1 Bath
Studio layout
Sizes and floor availability not published
City views
Range starts at $750,000
Floor Plan Image, 1 Bedroom
1 Bed / 1 Bath
One-bedroom layout
Sizes and floor availability not published
Bay or city views
Range starts at $750,000
Floor Plan Image, 2 Bedroom
2 Bed / 2 Bath
Two-bedroom layout
Sizes and floor availability not published
Corner units, bay views available
Ask for the current price list
Floor Plan Image, 3 Bedroom
3 Bed / 3 Bath
Three-bedroom layout
Sizes and floor availability not published
Panoramic bay, city & ocean views
Range tops out at $4 million
Request Full Floor Plan Package
Financing

Deposit Structure

JDS Development Group has not published a deposit schedule for Mercedes-Benz Places, so we do not quote one here. The milestones below are the contract points a Miami pre-construction purchase agreement is normally tied to, and the percentage due at each one is set by the developer's current price list. Ask us for the schedule in force on the unit you are considering before you sign anything.

Milestone % Due Estimated Timing
At Contract Signing Per price list Upon execution of purchase agreement
Groundbreaking Per price list Already triggered
Top-Off / Structure Complete Per price list Not scheduled while construction is delayed
Balance at Closing Per price list 2028 target, delayed

Deposit structure is subject to change and is set by the developer, not by us. Buyer is responsible for verifying every figure with the developer's sales team. International buyers: ask about wire transfer procedures and currency considerations. Because groundbreaking has already occurred, buyers entering now are typically asked for more than one tranche at signing, so confirm the schedule in force with us directly.

Lifestyle

Amenities & Building Features

130,000 square feet of amenities, the most of any residential tower in Miami.

Mercedes-Benz branded amenity deck (130,000 sqft)
174-key integrated Mercedes-Benz hotel
Infinity-edge pool + spa pools
Full-service spa with Mercedes-Benz wellness programming
State-of-the-art fitness center
Co-working & innovation lounge
Michelin-level hotel restaurant open to residents
Children's creative studio
Private event spaces & ballroom
EV charging stations throughout (Mercedes EQ-ready)
Concierge & valet
Rooftop observatory lounge (upper floors)
Interiors

Residence Features & Finishes

Kitchen

  • Woods Bagot custom design (light/dark finish options)
  • Fluted glass inlays
  • Polished chrome toe kick
  • Super white-stained red oak lower cabinetry
  • Metal-wrapped upper cabinets
  • Black stone countertops
  • Tinted etched mirror backsplash
  • Full Miele suite (refrigerator, induction cooktop, convection oven, dishwasher, wine fridge, speed oven)

Primary Bath

  • Nero Marquina or Bianco Gioia marble shower
  • Integrated rainshower head
  • Floating vanity with marble countertops
  • Duravit sinks, toilets, and tubs
  • Custom chrome faucets

General Features

  • Up to 10ft floor-to-ceiling windows
  • Engineered hardwood floors
  • Custom chrome fixtures throughout
  • 5ft deep terraces
  • Bosch washer/dryer
  • Mercedes-Benz house cars
  • EV charging stations
Gallery

Residence & Amenity Photos

Mercedes-Benz Places Miami luxury residence interior
Mercedes-Benz Places Miami amenity deck and lounge area
Mercedes-Benz Places Miami exterior tower rendering
Mercedes-Benz Places Miami lobby and arrival experience
Mercedes-Benz Places Miami building and Brickell skyline
Location

Life in Brickell, Southside Park

Southside Park is one of Brickell's most under-appreciated pockets, just south of the financial core, adjacent to a public green park that is rare in dense Brickell, and within a 5-minute walk of the Brickell Metrorail station. JDS chose this site deliberately: the Southside Park adjacency gives residents a parkside lifestyle that is virtually impossible to find elsewhere in Brickell. From here, Mary Brickell Village, the Brickell City Centre, and the waterfront promenade are all within easy walking distance. Brickell Avenue itself, Miami's Wall Street, is minutes away on foot, making this address as practical as it is prestigious. Read the full Brickell area guide →

Walk Score
94
South Beach
20 min
Airport (MIA)
22 min
Metrorail
5 min walk
Google Maps Embed
1 Southside Park, Miami, FL 33130
Progress

Construction Timeline

Q2 2022
Pre-Sales Launch
Developer opened reservations to international buyers. The announcement became a global headline as the first Mercedes-Benz residential project in the United States, generating demand from Germany, Brazil, the Middle East, and China within weeks of launch.
Q4 2023
Groundbreaking
Site preparation and foundation work began at 1 Southside Park in Brickell. The groundbreaking milestone triggered the second deposit installment for buyers who had contracted prior to this date.
April 2026
Foreclosure Suit Filed, Delivery Delayed
Cottonwood Group sued to foreclose on the site, alleging a principal of $80.4 million and nearly $20 million in interest, with the debt accruing $53,621 a day after March 30. The Real Deal reported the same month that completion had been expected the following year and was now delayed (The Real Deal).
August 25, 2026
Rescue Financing Still Not Closed
Michael Stern sold his interest in a group of units at the Casablanca condo-hotel in Miami Beach, his second Miami Beach exit in a year. He is reportedly bringing on Jeffrey Soffer's Fontainebleau Development as a partner and closing more than $1 billion in combined financing, loans that would help resolve the foreclosure suit. Nothing had closed as of that report (The Real Deal).
2028
Stated Completion Target
Miami New Times reports the development is set to be completed in 2028 (Miami New Times). Treat that as the developer's public target rather than a schedule: construction has been delayed and the capital stack is unresolved.

All projected dates are estimates provided by the developer and are subject to change. Last updated September 15, 2026.

Investment

Investment Analysis

Here is what is actually on the record for Mercedes-Benz Places as an investment, and what is not. Presales stood at about $450 million in April 2026 and the project was valued at more than $2 billion once completed in a court filing (The Real Deal). Past performance does not guarantee future results.

$450M
Presales as of April 2026, per The Real Deal
100 in 4 days
Tower 1 residences sold in the first four days, per Miami New Times
$750K
Entry price for studios and one-bedrooms
791
Units, highest liquidity among branded towers in Miami

Mercedes-Benz Places offers the most compelling investment thesis among all Brickell branded towers for one reason: scale. With 791 units, the building creates its own resale market, there will always be buyers and sellers, which protects liquidity in a way that ultra-boutique towers of 100 to 200 units simply cannot. The $750,000 entry point puts investors in the Brickell rental sweet spot: studios and one-bedrooms targeting the young professional market, where 12-month demand is structural and not dependent on seasonal tourism. We are not publishing a rent or yield figure for a building whose delivery date is unsettled. What is on the record is demand at launch: 100 residences in Tower 1 sold in the first four days of the sales release, per Miami New Times.

The brand itself is the other half of the case. Mercedes-Benz is one of the most widely recognized names in the world, and this is its first residential project in the United States, which has kept the project in international press since launch. JDS Development Group's credibility comes from delivery: 111 West 57th Street in Manhattan is the world's slenderest supertall at 1,428 feet. The honest counterweight, and the reason I raise it before anyone asks, is the balance sheet. The Real Deal reported in August 2026 that the developer's projects were flashing signs of distress, with a foreclosure suit on this site, subcontractor filings over unpaid work and a city default notice over the $8 million fire station the project owes under its public benefits agreement. My position is that the brand and the 791-unit scale are real assets and the capital stack is a real risk, and a buyer should price both.

Disclaimer: All projections are market estimates only and do not constitute financial advice. Consult with a licensed financial advisor and attorney before making investment decisions. Rental yield estimates are based on current market conditions and may not reflect future performance.

FAQ

Frequently Asked Questions

How much do Mercedes-Benz Residences Miami cost?

Mercedes-Benz Places Miami residences range from $750,000 to $4 million, as reported by Miami New Times, covering studios through three-bedroom units. The developer has not published per-bedroom starting prices or per-line square footages, so we do not quote them. Confirm the current price list for a specific line and floor with the sales team.

What is the starting price at Mercedes-Benz Places Miami?

The published price range is $750,000 to $4 million, per Miami New Times, and $750,000 is the bottom of it. Tower 2 opened sales in February 2025 after Tower 1, so which lines sit near the bottom of the range shifts over time. This range keeps Mercedes-Benz Places accessible to investors and primary buyers alike.

What makes this a Mercedes-Benz building?

Mercedes-Benz Places is the first residential project globally to bear the Mercedes-Benz brand in the residential real estate sector in the United States. The brand's design DNA, precision, performance, understated luxury, informs everything from the lobby materiality to amenity programming. Residents benefit from Mercedes-Benz branded wellness experiences, technology integrations, and the aspirational cachet of one of the world's most recognized luxury brands.

Who is JDS Development Group?

JDS Development Group is a New York-based developer known for pushing architectural and engineering boundaries. Their portfolio includes 111 West 57th Street (Steinway Tower), the world's slenderest supertall skyscraper at 1,428 feet, and Walker Tower in Chelsea. Their entry into Miami with Mercedes-Benz Places brings Manhattan-caliber development ambition to Brickell.

When will Mercedes-Benz Places Miami be completed in 2028?

The development is set to be completed in 2028, per Miami New Times. Read that as the developer's public target, not a schedule. The Real Deal reported in April 2026 that completion had been expected the following year and was now delayed, and as of August 25, 2026 the rescue financing that would resolve the foreclosure suit had still not closed. My advice to buyers is to treat the delivery date as open until that financing closes.

What is the rental policy at Mercedes-Benz Places Miami?

Annual rentals are expected to be permitted with a 12-month minimum lease. Given the hotel component within the building, short-term rentals through the building's hotel program may be available on an opt-in basis, confirm this with the developer's sales team as it represents a unique income opportunity not available at purely residential towers. Airbnb-style independent short-term rentals are expected to be restricted.

How does Mercedes-Benz Places compare to other Brickell pre-construction options?

Mercedes-Benz Places occupies a distinct market position: more than 130,000 square feet of amenity and hospitality space, 791 residences which is one of the largest counts in the branded pipeline and supports resale liquidity, a $750,000 bottom to its price range, and one of the most globally recognized brand names in pre-construction. It trades above non-branded product on brand premium alone, while its entry price sits below the branded towers that start in the multi-millions. The offsetting factor a comparison has to include is the unresolved financing on this site.

Independent Pre-Construction Advisory

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Availability for Mercedes-Benz Places Miami

As an independent advisor, Gerardo Gonzalez provides unbiased guidance, not a developer sales pitch. Get the full picture before you commit.

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Construction Progress

Project Update September 2026: Completion Now Stated for 2028, Rescue Financing Still Not Closed

Lender Cottonwood Group is pursuing a foreclosure filed in April 2026 against the Mercedes-Benz Places site over a principal of $80.4 million plus nearly $20 million in interest, accruing $53,621 a day after March 30, and The Real Deal reported that month that completion had been expected the following year and was now delayed. Miami New Times reports the development is set to be completed in 2028, and that is the date this page now carries throughout. Subcontractors have filed over unpaid work and the City of Miami has issued a default notice over the $8 million fire station required by the project's public benefits agreement, per The Real Deal. On August 25, 2026 the same publication reported that Michael Stern had sold his interest in a group of units at the Casablanca condo-hotel in Miami Beach, his second Miami Beach exit in a year, while reportedly bringing on Jeffrey Soffer's Fontainebleau Development as a partner and closing more than $1 billion in combined financing that would help resolve the foreclosure suit, The Real Deal. Nothing had closed as of that report. I am not aware of any published verification that the structure has topped out, so this page states no vertical progress figure.