North Development
North Development is a private Miami-based real estate developer founded in 2021 that builds wellness-integrated residential condominium projects, primarily the 656-unit House of Wellness Brickell tower, serving health-conscious urban homebuyers in South Florida.
- Company typePrivate
- Founded2021
- HeadquartersMiami, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What North Development does
North Development is a private Miami-based real estate development company founded in 2021 that specializes in wellness-integrated residential condominium projects. Its core product is the House of Wellness Brickell, a 34-story, 656-unit condominium tower at 152 Southwest 9th Street in Brickell, Miami, featuring integrated wellness amenities including meditation technology, sound healing systems, nervous system reset sessions, advanced air purification, water filtration, and circadian lighting — positioning wellness as a baseline living expectation rather than a premium add-on. Unit pricing starts at $390,000, with the broader Miami wellness-residential market extending to luxury towers exceeding $4.4 million.
The company operates a project-based revenue model, generating income through one-time condominium unit sales. Its go-to-market is sales-led and event-driven, centered on immersive wellness open house events that serve as sales gallery openings. North Development relies on strategic co-development partners — Ricardo Dunin's Oak Capital and Juan Carlos Tassara's Edifica — for capital and development expertise, while outsourcing sales and marketing to Fortune Development Sales, a South Florida condominium sales specialist. The company employs 11-50 staff and serves health-conscious urban homebuyers and Miami professionals seeking design-forward, wellness-integrated living in the Brickell submarket. No AI capabilities, funding rounds, institutional investors, or completed prior project revenues are documented in the available data.
North Development firmographics
Firmographics- Name
- North Development
- Website
- https://northdevelopment.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- North Development is a private Miami-based real estate developer founded in 2021 that builds wellness-integrated residential condominium projects, primarily the 656-unit House of Wellness Brickell tower, serving health-conscious urban homebuyers in South Florida.
- Ownership category
- akta.pro rank
North Development industry classification
Industry- Product category
- Wellness Residential Real Estate Development
- NAICS
- Accommodation (721)
- akta.pro primary industry
- Residential Green / High-Performance Home Construction (Net-Zero, Passive House) (IMAFABAH)
Keywords
Where North Development is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
North Development business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Condominium Sales: North Development generates revenue through the sale of residential condominium units. The company develops wellness-focused residential projects and sells units to individual buyers at market prices. Revenue is realized upon closing of unit sales.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Entry-level residential units at House of Wellness Brickell starting price point |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels1 record
North Development product offering
Product offeringCore offering
North Development is a Miami-based real estate developer focused on wellness-integrated residential condominium projects. The company's primary product is the House of Wellness Brickell, a 34-story, 656-unit condominium tower at 152 Southwest 9th Street in Brickell, Miami, with units starting at $390,000. The development integrates wellness amenities including fitness centers, rooftop pools, spas, meditation technology, sound healing systems, nervous system reset sessions, air purification, water filtration, and circadian lighting into a design-forward urban living concept.
Product overview
North Development is a real estate development company offering a single primary product: the House of Wellness Brickell condominium project. This is a wellness-focused, design-forward residential development in Miami's Brickell neighborhood, positioned as an integrated approach to urban wellness living. The product portfolio consists of one residential development featuring wellness amenities including fitness facilities, meditation technology, sound healing, rooftop pool, and spa services.
Differentiator
Problem solved
Functional benefit
Products and services
- House of Wellness Brickell
Companies that use North Development
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
North Development technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
North Development partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Oak CapitalcoreRicardo Dunin's Oak Capital is a strategic development partner in the House of Wellness Brickell project. Oak Capital provides capital and development expertise alongside North Development's wellness-focused development approach.
- EdificacoreJuan Carlos Tassara's Edifica is a strategic partner in the House of Wellness Brickell development. Edifica contributes real estate development expertise and capital to the wellness-focused residential project.
- Fortune Development SalescoreFortune Development Sales handles marketing and sales for the House of Wellness Brickell project. As the designated marketing partner, they manage the sales gallery and buyer relationships for the 656-unit wellness-focused condominium tower.
Scale indicators4 records
Recent moves4 records
Expansion highlights3 records
North Development competitors and assessment
Company assessmentDirect peers
- Related Group: Miami's largest condo developer, active in Brickell and Brickell-adjacent submarkets with luxury and lifestyle-branded residential towers. Highly comparable to North Development as a Miami-based condominium developer competing for the same buyer pool and sales channels.
- Terra: South Florida residential developer with a wellness-forward brand and integrated lifestyle programming in its condominium projects. Closest peer in terms of wellness-themed residential positioning in the Miami market.
- Swire Properties: Developer of the Brickell City Centre and multiple Brickell residential towers, with sustainability and lifestyle programming built into its projects. Comparable as a high-end Brickell condo developer targeting the same urban professional buyer segment.
- The Well: Wellness brand that has expanded from membership clubs into branded residential real estate with integrated spa, fitness, and wellness programming. Comparable to North Development in bringing a wellness-as-baseline concept to residential product.
- Delos: Wellness real estate standards and technology provider that supplies air, water, and light systems to residential and hotel projects. Comparable to the wellness technology stack (air purification, water filtration, circadian lighting) baked into North Development's units.
Broad incumbents
- 1 Hotels: Hospitality brand built around biophilic and sustainability-led design with wellness amenities. Comparable as a broader incumbent demonstrating the wellness/sustainability lifestyle thesis at scale, though operating in hospitality rather than for-sale residential.
- Six Senses: Global luxury wellness hospitality brand with branded residences attached to many of its resorts. Comparable as a category leader in wellness-led lifestyle experiences that North Development is effectively translating into an urban condominium format.
- Equinox Hotels: Luxury hotel brand with a deep wellness and high-performance living positioning, also offering branded residences. Comparable as a wellness-rooted lifestyle brand expanding into residential product and aspirational buyer demographics.
- Canyon Ranch: Iconic wellness resort operator with residential and real estate extensions. Comparable as a longstanding wellness-as-lifestyle operator whose programming concepts (sound healing, meditation, fitness) North Development is incorporating into its Brickell condo.
Emerging players
- Auberge Resorts Collection: Luxury hospitality group with a growing branded-residential pipeline and a strong wellness and design positioning. Comparable as a design-forward, lifestyle-driven operator pushing into residential product adjacent to North Development's thesis.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
North Development social profiles
Digital presenceNorth Development financial estimates
Financial estimateRevenue estimate
Valuation estimate
North Development leadership team
Management profileNumber of profiles
Profiles1 record
North Development funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
North Development M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about North Development
What does North Development do?
North Development is a Miami-based real estate developer focused on wellness-integrated residential condominium projects. The company's primary product is the House of Wellness Brickell, a 34-story, 656-unit condominium tower at 152 Southwest 9th Street in Brickell, Miami, with units starting at $390,000. The development integrates wellness amenities including fitness centers, rooftop pools, spas, meditation technology, sound healing systems, nervous system reset sessions, air purification, water filtration, and circadian lighting into a design-forward urban living concept.
Is North Development a public or private company?
North Development is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was North Development founded?
North Development was founded in 2021. It employs 11 to 50 people.
Where is North Development based?
North Development is headquartered in Miami, United States, in the North America region.
How does North Development make money?
One revenue line is on record: condominium Sales.
Who are North Development's main competitors?
Direct peers on record are Related Group, Terra, Swire Properties, The Well and Delos. Broad incumbents are 1 Hotels, Six Senses, Equinox Hotels and Canyon Ranch. Auberge Resorts Collection is listed as an emerging player.
Does North Development have an API?
No public API is recorded for North Development.
What industry is North Development in?
North Development's product category is Wellness Residential Real Estate Development. Its primary akta.pro industry code is IMAFABAH, Residential Green / High-Performance Home Construction (Net-Zero, Passive House). Its NAICS code is 721.