Terra Group, led by David Martin, and co-developer Lion Development, led by Michael Simkins, have announced that the internationally acclaimed Argentine polo player, model, and philanthropist Nacho Figueras, and his son, polo player Hilario Figueras, have signed a contract to purchase a luxury branded residence at Jean-Georges Miami Tropic Residences.
BRESI Overview
- Internationally acclaimed polo player Nacho Figueras and his son Hilario have purchased Residence 3505 for $3.1 million
- The branded residence features three bedrooms, three bathrooms, and a 968 square foot private terrace with city views
- Jean-Georges Miami Tropic is a 48-story tower with 329 branded residences located near the Design District
- Building amenities include multiple pools, restaurants, juice bar, and wellness facilities across five floors
- The development offers ground-floor retail and abc kitchens restaurant by celebrity chef Jean-Georges
- Miami is one of the world’s most popular branded residences hotspots
The internationally famed Polo icon Nacho Figueras has closed on a premium branded residence at the upcoming Jean-Georges Miami Tropic tower. The three-bedroom unit, purchased for circa $3.1 million, will serve as a South Florida base for his athlete son Hilario.
The 2,951 square foot residence sits on the 35th floor and includes expansive outdoor space overlooking Wynwood. A private lift provides direct entry to the home, which features three full bathrooms plus a powder room.
Jean-Georges Miami Tropic Residences
Developers Terra and Lion Development partnered with Michelin-starred restaurateur Jean-Georges Vongerichten on the 48-story project. The tower rises adjacent to Miami’s arts hub, positioning future occupants within walking distance of galleries, museums, and high-end shopping.
The Jean-Georges team curated culinary experiences are integrated throughout the building in collaboration with, award-winning architecture firm Arquitectonica,Terra, Lion, designer, Yabu Pushelberg . These include not only curated menus at all resident amenities in the building but also involvement in the design of the amenity spaces.
Jean-Georges Miami Tropic Residences‘ amenities span across five full floors and include an 8th-floor pool deck and adjacent resident-only restaurant and bar, rooftop pool, private dining room, archival library, juice bar, mini-market with a grab-and-go café, flowers and gifts, lounge spaces, and many other hospitality and wellness-driven areas throughout the building.
The building’s ground floor will house Jean-Georges’ abc kitchens, a blend of his popular plant-forward restaurant abcV, Latin concept abc cocina, and abc kitchen.
“Hilario brought this opportunity to me, and having long admired Jean-Georges and Terra’s renowned developments, it was one we couldn’t pass up,” said Nacho Figueras. “Jean-Georges Miami Tropic Residences offers everything polo players like us could ask for – a home where every detail is handled, blending lifestyle, services, and effortless living.”
Residents gain entry to over 41,000 square feet of recreational facilities spanning five complete levels. Features include rooftop and mid-level swimming areas, dining venues, a specialty market, and fitness centers. The chef’s team oversees food service throughout the property.
The restaurant represents the celebrity chef’s first residential collaboration in South Florida.
“The Design District’s walkability, elegance, and vibrant culture, combined with Miami’s rise as a hub for health and wellness, make this the perfect home – a place that resonates with our lifestyle,” said Hilario Figueras. “When visiting Jean-Georges’ Four Twenty Five in New York, the attention to detail, service, and sophistication confirmed this new home was the right choice.”
The tower’s location provides immediate access to the Design District’s luxury retailers and Wynwood’s street art scene. Multiple waterfront parks lie within short walking distance, including Roberto Clemente Park and Paraiso Park.Construction continues with occupancy expected in the coming months.
Terra CEO David Martin emphasised the project’s focus on hospitality-driven services. The developer has previously delivered high-profile residential projects throughout Miami Dade County.
“We look forward to welcoming Nacho and Hilario to the Miami Tropic community,” said David Martin, CEO of Terra. “In partnership with Jean-Georges, we’re curating more than just a residential offering. We’re building an immersive lifestyle shaped by culinary excellence, vibrant culture, and elevated service – which the chef and restaurateur has mastered throughout his career. The building is one-of-a-kind, and our buyers are taking notice.”
The purchase reflects Miami’s continued appeal to international celebrities and athletes seeking second homes in the region, especially branded residences.
The city’s favorable tax environment and year-round climate attract buyers from Argentina, Brazil, and other Latin American markets.
Originally reported by ProfileMiami
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