MIAMI — Focus, a Chicago-based developer, and Group Fox, an investment and property management company also out of Chicago, have received a $250 million construction loan to build Brickell Starlite in Miami. Affinius Capital was the lender. Cushman & Wakefield arranged the financing.
Brickell Starlite is a to-be-built, 39-story, 517-unit luxury property in Miami’s Brickell submarket on the site of the former Starlite Motel. Units will be offered as studio, one-, two- and three-bedroom layouts with 5 percent of the units designated for workforce housing. The development will feature amenities such as two outdoor pools, two amenity decks with cabanas, a cold plunge, a fitness center, a sauna, coworking space, a dog run and a dog spa. The tower’s curved concrete and glass façade will offer views of Biscayne Bay and the Miami skyline. Site plans were approved in January 2025, and completion is slated for 2028.