Since we last looked at the $1 billion Faena District between 32nd and 35th Collins Avenue on Miami Beach in October 2015, Faena House and Faena Hotel have opened.

At the front of Faena House, designed by architect Foster + Partners, is a sculpture by artist Jeff Koons called "Coloring Book." The penthouse at Faena House was sold for a record $60 million, but has since been put on the market for an asking price of $73 million.