BI Group Miami Expansion: 3 Brickell Projects Launched with Habitat Group

The BI Group Miami expansion is gaining momentum as Kazakhstan’s largest developer breaks into the U.S. market with three condo-hotel projects in Brickell. In partnership with Miami’s Habitat Group, BI is offering affordably priced units tailored to the booming short-term rental market.

BI Group Miami Expansion Begins with Habitat Partnership

Kazakhstan-based BI Group has entered the Miami market by investing $30 million into three condo projects in Brickell. These developments, done in partnership with Habitat Group, aim to attract global investors seeking flexible, short-term rental ownership options.

In addition to the Miami ventures, BI Group USA CEO Olzhas Ayazbayev confirmed plans to develop three single-family homes in Key Biscayne and expand into other areas of South Florida.

To see other major developments in the area, check our Miami pre-construction updates.

BI Group’s Global Experience Fuels U.S. Strategy

Founded in 1995, BI Group has completed over 100,000 units worldwide. The firm initially explored markets in Asia-Pacific, Eastern Europe, and the Middle East before choosing the U.S. Its American projects now span Miami and Houston, signaling long-term growth plans.

Learn more about international developer trends in South Florida.

Brickell Project Overview: Part of the BI Group Miami Expansion

The three new buildings, designed by Kobi Karp, include condo-hotel units and traditional residences. They will feature pool decks, gyms, and restaurants. All units allow short-term rentals—ideal for investors.

Projects include:

• Season One: 21 stories, 80 units at 1200 SW 2nd Ave. From $731,000. Delivery: Q2 2028.

• Millux Place: Nine stories, 99 units at 239 SW 12th St. From $468,000. Delivery: Q2 2027.

• Parkside: Eight stories, 187 units at 1741 SW 2nd Ave. From $490,000. Delivery: Q2 2027.

You can browse more Brickell real estate listings on our site.

Why BI Group’s Miami Expansion Stands Out

BI Group and Habitat are targeting a unique market: under-$1M luxury condos with hotel-style flexibility. “There’s still strong international demand, but limited supply below $1 million,” Ayazbayev said.

“Boutique condo-hotels are the right fit for Miami,” he added. “We’re also looking for larger sites in downtown.”

Their strategy aligns with the rise of short-term rental properties in Miami, an increasingly popular real estate model among foreign investors.

More U.S. Projects in Sight

BI Group is also working on two projects in Houston. According to Ayazbayev, the firm is actively engaging with developers and evaluating future acquisitions in Downtown Miami and Edgewater.

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