META Development Launches Sales for High-End Boutique Brickell Project, Colette

Key Points

• META Development has launched sales for its boutique condo project Colette, located at 1880 Brickell Avenue in Miami’s Financial District.

• The five-story building will include 38 luxury residences, including two penthouses, with prices starting at $3.3 million.

• META is targeting high-end buyers seeking low-density, boutique alternatives to Brickell’s typical high-rise towers.

META Development is expanding its Miami footprint with Colette, a boutique condominium designed to appeal to buyers who prefer privacy, architectural distinction, and a more residential feel than most Brickell high-rises. This launch reflects a growing trend toward smaller-scale luxury developments catering to discerning end users.

Project Details – Colette in Brickell

Location and Scale

• Colette will rise at 1880 Brickell Avenue, incorporating the neighboring 1870 parcel.

• The project will feature 38 residences across five stories, including two penthouses.

• Units range from two to four bedrooms, starting at approximately 2,145 square feet.

Pricing and Timeline

• Units start at $3.3 million, positioning Colette within the upper tier of the Brickell condo market.

• The sales gallery is scheduled to open in November 2025, with delivery expected in summer 2028.

Amenities and Design

• Planned amenities include a rooftop pool with cabanas, wellness spa, screening room, children’s playroom, meeting room, private storage, valet parking, and EV charging.

• The building is designed by Brazilian architecture firm OSPA, emphasizing natural materials and indoor-outdoor integration for a home-like atmosphere.

Developer Strategy and Market Context

META’s Boutique Approach

• Founded by Miami native Andrew Rasken, META Development is focused on creating smaller luxury projects that emphasize exclusivity and architectural quality rather than scale.

• This strategy contrasts sharply with the many branded mega-towers rising across Brickell and Miami Beach, reflecting buyer fatigue with crowded, high-density living.

Market Positioning in Brickell

• Brickell remains Miami’s financial and residential hub, attracting affluent local and out-of-state buyers.

• META’s approach aims to capture demand from those seeking a quieter, design-forward living experience with the convenience of a central location.

• Smaller projects such as Colette may also offer reduced exposure to oversupply risk compared to large towers that can take years to complete and sell out.

Investment Takeaways for Landlords and Brokers

• Limited supply advantage: With only 38 units, Colette could maintain stronger resale and appreciation potential than larger projects.

• High entry price: At $3.3 million and up, the project targets a specific buyer segment seeking exclusivity and privacy rather than rental yield.

• Long-term outlook: Completion in 2028 means investors should factor in potential changes in financing, interest rates, and Miami’s luxury demand cycles.

• Buyer profile: The developer expects a mix of local professionals upgrading from rentals and buyers relocating from the Northeast, reflecting Miami’s continued migration trends.

• Product differentiation: Offering full luxury amenities in a low-rise format could make Colette stand out in a market dominated by high-rise living.

Diversifying the Market

Colette by META Development represents a shift toward smaller-scale luxury in Miami’s Brickell neighborhood. For investors and brokers, it signals a diversification of the local condo market—fewer units, higher exclusivity, and potentially stronger long-term value retention. The project underscores how Miami’s next wave of development is moving beyond glass towers toward more personalized, design-driven offerings.