Constellation Group JV Tops Out Miami Beach Condo
Completion is scheduled for early 2027.
Developers Constellation Group, The Boschetti Group and Vietmar have topped out a 103-unit condominium development in Miami Beach, Fla.
General contractor Ortega Construction Co. completed the concrete pouring process for the ninth floor, and an official topping out celebration will take place on March 18, 2026.
The development team includes Arquitectonica as architect of record. Interiors by Steven G. will oversee interior designs and Christopher Cawley Landscape Architecture will serve as landscape designer. ONE Sotheby’s International Realty oversees sales and marketing.
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Dubbed Ella Miami Beach, the 10-story condominium project is already 70 percent sold, with prices ranging from about $600,000 to $2 million. This represents the first Miami Beach residential project for Constellation Group and The Boschetti Group.
Construction started in March 2025 with the help of a $43.3 million construction loan issued by Amerant Bank, according to Multifamily Press. Completion is scheduled for early 2027.
Ella Miami Beach is located at 6940 Abbott Ave., near the Atlantic Ocean and Biscayne Bay. Miami International Airport and the city’s downtown area are within 12 miles from the project.
The new residences at the condo property will feature studio and one- to two-bedroom layouts. The units will feature 9-foot ceiling heights, in-unit washers and dryers, balconies or wraparound terraces, walk-in closets, powder rooms, as well as ItalKraft kitchens with kitchen islands in select units. The condominium building will also include a penthouse with two bedrooms, a den, a 1,000-square-foot private terrace and garden and private elevator access.
Amenities at the property will include a swimming pool at rooftop level, a fitness center, a spa center, a lounge area, a coworking lounge, a grand lobby, a summer kitchen with outdoor dining spaces, outdoor yoga and meditation deck, and a pickleball court. Additionally, residents will have access to a private beach club and ground-floor retail spaces totaling 2,200 square feet.
Miami condo sector’s recent activity
Since the start of 2026, the Miami condo market has recorded notable development activity as well as financial moves. Recently, PMG and LNDMRK Development partnered for the development of a 244-unit condo in Miami’s Wynwood Arts District, dubbed Frida Kahlo Residences.
Another joint venture secured a $323.8 million construction loan for the development of Four Seasons Private Residences, a 70-unit luxury condo project in Coconut Grove, Fla. CMC Group and Fort Partners started construction in October last year.
Another notable project is Ponce Park, a 58-unit luxury condominium underway in Coral Gables, Fla. Developer Allen Morris Co. received a $132.5 million construction loan for the project, estimated to come online by 2028.
