Miami Design Residences

Miami Design Residences is being developed by a partnership that includes Fort Partners, Miami Design District Associates, Raycliff Capital, and Constellation Hotels Holding, working together with Fouquet's. Fort Partners is recognized in South Florida for its hospitality-focused developments, while Miami Design District Associates has been central to shaping the Design District as a retail and cultural destination. Together the group brings a mix of hospitality, real estate, and district-development experience to the project.

Buying pre-construction means purchasing before or during construction, often at an earlier stage in a project's release schedule. The process usually begins with registering for first access, which can put you in line for information and unit selection ahead of the general public. Because this is a mixed-use project, it's worth confirming with the developer which components are for-sale residences and the ownership structure that applies.

Deposits on new construction are typically staged over time rather than paid all at once, with amounts and milestones set by the developer. During construction you may also encounter a period of interim occupancy before final closing, depending on how the project is structured. Buying early in a release can matter because pricing and the best available layouts often shift as inventory moves.

For new condominiums in Florida, buyers have a 15-day rescission period under FS 718.503, allowing you to cancel within that window after signing. This is general education rather than financial or legal advice; specific terms, deposit structures, and timing should always be confirmed with the developer and your own advisors.