DaGrosa’s Kempinski Residences Miami Converts Reservations to Contracts

• 3801 & 3883 Biscayne Boulevard, Miami, FL: DaGrosa Capital Development Partners’ Kempinski Residences Miami Design District has begun converting buyer reservations into binding contracts. The two-tower project is Kempinski Group’s first standalone branded residential development in the U.S.
• 134 residences: The development includes 128 tower residences and six private townhomes, with pricing starting around $3.7 million. Delivery is currently targeted for early 2030, according to the project website.
• Sales gallery open: The project’s sales gallery is operating at 455 NE 38th Street, with ISG World leading sales. Arquitectonica designed the towers, while Rockwell Group is handling interiors.

What DaGrosa Is Bringing To The Miami Design District

DaGrosa Capital Development Partners is moving Kempinski Residences Miami Design District from reservation activity into signed contracts, an important step for a luxury condominium project still in pre-construction. The development consists of two 23-story towers at the gateway to the Miami Design District, with six private townhomes and resident-only guest suites. The project combines Kempinski’s hospitality brand with a residential offering focused on service, design and amenities.

 

 

 

 

 

 

What The Residences Include

The tower residences range from two to four bedrooms, with interiors generally measuring about 2,100 to 3,100 square feet. Private terraces and views toward Biscayne Bay and the Miami skyline are central to the residential design. Pricing starts at approximately $3.7 million, placing the project firmly in Miami’s luxury condominium segment. Contracts require a 10% deposit at signing, according to the developer’s announcement.

 

 

 

 

 

What The Kempinski Brand Adds

The project represents Kempinski Group’s first standalone branded residential development in the United States. Arquitectonica is leading the architecture, Rockwell Group is designing the interiors and Enea is responsible for landscape architecture. Amenities span roughly 70,000 square feet, including wellness and fitness spaces, pools, dining and social areas, a fourth-floor amenity bridge and recreational facilities. The development is designed to extend Kempinski’s hospitality service model into private residential ownership.

 

 

What The Contracts Signal For Miami

The move from reservations to contracts comes as Miami’s luxury condo market continues to record substantial transaction activity, even as pricing remains competitive. CondoBlackBook reported 204 closed sales of Miami condos priced at $2 million or more in Q1 2026, up 25.9% year over year, while median price per square foot declined 11.6%. The Miami Design District is also becoming increasingly residential, with several major branded and luxury projects planned or underway around the neighborhood. Kempinski joins developments tied to hospitality, fashion and culinary brands that are expanding the district beyond its traditional retail and cultural identity.

 

 

 

 

What Comes Next For Kempinski Residences

With reservations converting to binding contracts and the sales gallery open, DaGrosa is advancing toward construction and a targeted Q1 2030 completion. The project gives buyers another branded residential option in a rapidly expanding Miami Design District while adding a significant new luxury residential component to Biscayne Boulevard.