OMA has designed concert halls, libraries and stock exchanges. It had never put up a condo tower in Miami Beach. The Perigon is the firm’s first, a 17-story, 73-residence building on the oceanfront at 5333 Collins Avenue in Mid-Beach, and it reached its full height in 2026, the first new oceanfront tower of the current Miami Beach cycle to top out.
Project Scope
The tower holds just 73 units across its 17 stories, a deliberately low count that buys each residence ocean frontage and generous floor plates. Mast Capital is developing it in a joint venture with Starwood Capital Group, with Moss Construction as general contractor and London-based designer Tara Bernerd shaping the interiors. The site sits directly on the sand, which drives the engineering: salt air, storm loading and a high water table all shape the structure and the envelope. The building topped out in early 2026, with completion targeted for 2027.
Why It Matters
Miami Beach’s oceanfront is essentially built out, so new ground-up towers on the sand are rare and closely watched. The Perigon is a read on whether ultra-luxury demand still has legs this far into the cycle, and it’s a notable debut: a Pritzker-winning practice better known for civic and cultural work testing itself on a high-end residential tower. The result will say something about both the market and the architecture. Exchange tracks the wider Florida luxury pipeline, including towers like the Residences at 1428 Brickell across the bay.
Project Team & Details
| Developer | Mast Capital / Starwood Capital Group (JV) |
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| Owner / Client | Mast Capital / Starwood Capital Group (JV) |
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| Architect | OMA |
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| Consultants | Tara Bernerd & Partners (Interiors) |
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| General Contractor | Moss Construction |
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| Status | Topped Out |
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| Funding Source | Private |
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