Axios Miami

September 25, 2026
🌞 Wepa! It's Friday.
🌧️ Today's weather: Mostly sunny then chance of showers and thunderstorms, with a high of 88 and a low of 75.
😍 Sounds like: "Tu Ere' Bonita" by Yasser Tejeda, who is performing at ZeyZey tonight.
Today’s newsletter is 1,034 words — a 4-minute read.
1 big thing: 🏗️ Resi development boom
A residential boom is set to transform the Design District from luxury shopping to upscale condos.
Why it matters: As Brickell fills up, buyers are exploring less congested areas that still offer access to downtown, the Real Deal reports.
Driving the news: Nearly 1,000 residential units are planned for the district and surrounding areas, according to the real estate publication.
What they're saying: Developer Joe DaGrosa, who's building the Kempinski Residences Miami Design District, tells Axios that the retail-to-residential transition is a "natural outgrowth."
- "People want to be near great restaurants, near great shopping, and they don't want to be in a congested area."
Zoom in: Here are some of the notable projects planned for the area.
Miami Design Residences by Fouquet's: A 25-story, 143-condo project connected to a 12-story hotel with 85 rooms and 20 residences, planned for 39 NE 39th St. as part of Parisian brand Fouquet's first hotel in the U.S.
- Developers: Dacra, Miami Design District Associates, Fort Partners, Raycliff Capital and Constellation Hotels Holding.
- Units starting at $1.8 million.
- Expected 2030.
Kempinski Residences Miami Design District: A 23-story, two-tower project with 128 residences, six townhomes and 18 guest suites planned for 3801 and 3883 Biscayne Blvd., east of the district.
- This would mark the first U.S. branded residential development for the European luxury hotel company.
- Developer: DaGrosa Capital Development Partners.
- Starting at $3.7 million.
- Expected 2029.
Jean-Georges Miami Tropic Residences: The 49-story, 338-unit project — branded after the Michelin-star chef Jean-Georges Vongerichten — would include 27,500 square feet of ground-floor retail at 3501 NE 1st Ave.
- Developers: Terra and Lion.
- Starting at $914,000.
- Expected 2028.
Cassi Miami: The 20-story, 107-apartment project would include 23,000 square feet of retail space at 3600 NE 1st Ave.
- Developers: Hunter Pasteur, the Forbes Company and Miami Design District Associates
- Completion expected 2027.
2. 📉 ICE crackdowns create labor strain


Homebuilders around the country say ramped-up ICE crackdowns are creating huge headaches for their businesses, per a new survey.
Why it matters: The labor strain comes on top of other challenges for the industry: rising mortgage rates, higher prices for key inputs driven by tariffs and the Iran war, as well as growing competition for resources with builders of data centers.
What they're saying: A builder in Jacksonville says: "Current immigration enforcement efforts in our region are causing a strain on both the labor force, labor costs and cycle times."
The intrigue: The remarks in the homebuilder survey were unprompted and "completely unsolicited," says Rick Palacios, director of research at the consulting firm.
Zoom in: The strains come after three straight months of record ICE arrests — in August the agency said it arrested 50,925 people across the country, the highest number in a single month.
Zoom out: Immigration raids discourage legally authorized workers from reporting to job sites, Bill Owens, chairman of the National Association of Home Builders, recently said.
- Higher mortgage rates and rising material costs are also weighing on the industry, he said.
- Building material costs are up by a median 6.7% from last year, according to one NAHB survey.
The other side: "There is no shortage of American minds and hands to grow our labor force," said White House spokesperson Lauren Bis.
The big picture: Immigrants made up more than 26% of the construction workforce in 2024, per the most recent Census Bureau data on the industry.
- But in certain trades, the share is much higher — immigrants make up 57% of those working on drywall and 53% of roofers, according to an analysis of that data released earlier this year by NAHB.
3. Cafecito: Miami Freedom Park subcontractors sue
🤑 Miami Beach commissioners this week passed a budget that included funding for LGBTQ+-related programs and services.
- Initial discussions defunded those programs to comply with state law, but officials agreed to fund them through the end of the calendar year.
😔 Sra. Martinez, the Coral Gables restaurant by Chef Michelle Bernstein, is closing after two years. (Instagram)
🎃 JohnMartin's, the beloved Miracle Mile bar, is bringing back its iconic Halloween Bar pop-up and takeover for the entire month of October. (News release)
💰 Vendors and subcontractors of Miami Freedom Park, the mixed-use development that's under construction and anchored by Inter Miami's Nu Stadium, filed lawsuits and liens for millions of dollars of allegedly unpaid work. (The Real Deal)
4. 😎 Shaq at FAU
Heat legend Shaquille O'Neal will be at Florida Atlantic University on Nov. 9 to educate college students about financial literacy, hoping they will learn from the mistakes he made as a young adult.
Why it matters: It's the final stop on his Credit One Bank Credit Tip Off Tour.
The intrigue: He'll also perform a live DJ set as DJ Diesel. Special guest Brianna Chickenfry is also set to make an appearance.
- Current students can register for free tickets.
Go deeper: How his Southern Methodist University show went, via Axios Dallas
5. 🏈 Go Fins!
The Miami Dolphins will play their first home game of the season on Sunday against the Kansas City Chiefs.
- Kick-off is at 1pm at Hard Rock Stadium.
Why it matters: The Fins, who are in a rebuild year, have started the season 0-2.
State of play: Receiver Caleb Douglas missed a portion of Thursday's practice because of an ankle injury in Sunday's loss to the 49ers, multiple outlets reported.
- It's unclear if running back Jaylen Wright will be available for Sunday's game.
- On defense, edge rusher Chop Robinson returned to practice following his absence due to a concussion.
What they're saying: "We have a team that's young and giving everything they have. First home game, get out and support the team. Make it loud," Coach Jeff Hafley said earlier this week, the Miami Herald reported.
If you go: Tickets start at $104.
🎫 Martin is going to wait for Fins tickets to get cheaper before going to a game.
🎉 Sommer is wishing her friend Lauren a happy early birthday!
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Thanks to Jeff Weiner for editing.
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