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Related Group Starwood team with Baccarat-Branded condo project In Miami
Jun 15, 2021

Jorge Pérez's Related Group and Barry Sternlicht’s SH Hotels & Resorts will be working together on a project for the first time with a Baccarat-branded residential project in Miami’s Brickell neighborhood.

Baccarat makes crystal and has been in existence since 1764. A Baccarat Hotel & Residences at 53rd Street and Fifth Avenue in New York opened in 2015 with condominiums, a luxury hotel and a public library. That was developed by New York-based Tribeca Associates with investment from Sternlicht’s Starwood Capital Group and SH Hotels & Resorts. 


Promotional materials say the Baccarat Residences Brickell will be a 75-story tower with 360 units, including penthouses and riverfront villas. The design aesthetic will “fuse 18th-century Paris and 21st-century Miami, with a 1930s Art Deco influence.” Handcrafted Baccarat crystals will grace “nearly every surface,” and signature pops of red are meant to create sumptuous environments. Completion is expected in 2024.


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