Sales at Ugo Colombo’s CMC Group’s Brickell Flatiron have reached 87% of its 527 units and the developer has lowered deposits to 30% as it aims to capitalize on recent local and domestic buyer interest and leverage Fannie Mae loans to attract end-users.
The Related Group has sold the hotel component of SLS Brickell for $43 million to an entity managed by Francois Faber of Fiduciaire Fernand Faber, who has also signed an agreement with SBE for the continued management of the property.
Do you want to spend a day with Ugo Colombo while helping empower young girls through the magic of futbol? Don’t miss your chance to talk shop with Ugo Colombo and receive an exclusive tour of CMC’s Group Brickell Flatiron in support of Goleadoras, a world-wide movement aimed at empowering young girls through the magic of “futbol”.
Habitat Group, a full-service asset management and development company, is launching sales at the second tower of their latest project, Smart Brickell, a mixed-use retail, condo and hotel development sitting on 1.23 acres along SW 9th Street.
Miami-Dade commissioners have voted to award a $14.3 million construction contract to build the Brickell Backyard portion of the Underline. The 1/2 mile project will start at the Miami River and will continue through SW 13th Street under the Metrorail and Metromover, helping to bring green vegetation and park space to the dense, urban Brickell neighborhood.
Megacenter Brickell is gearing up to go vertical as foundation work is nearing completion and the developer has filed with the FAA for crane installation. Megacenter Brickell is being developed by Red Megacentro and is designed by Reinaldo Borges of Borges Architects + Associates.
ZOM Living's new Stantec-designed Solitair is now open in Brickell after breaking ground in 2015. Solitair is located directly across the street from Brickell City Centre at 86 SW 8th Street. The 50-story tower, which broke ground in 2015, features a design inspired by the Medjool date palm tree.
Swire Properties has revealed plans for their Arquitectonica-designed, Tobacco Road expansion to Brickell City Centre. The developer has just filed plans with the city where they plan to build 2 more condo towers as well as extend the current Brickell City Centre mall skybridge as well as Climate Ribbon that would lead to a newly built, enclosed portion of the mall.
ONE Sotheby’s International Realty announced the newest addition to their real estate team in a statement released last Friday. Vivi Wolak, luxury star and Latin American specialist, joins ONE Sotheby’s with close to a decade of experience in the industry and nearly $100 million in sales under her belt.
Related Group has announced that they have paid off construction financing for the soon-to-open SLS LUX Brickell Hotel & Residences. The $166.1 million loan was issued by TPG Real Estate Finance Trust, the commercial real estate debt platform of TPG Real Estate, in September 2015.
Vertical construction on Ugo Colombo's CMC Group’s Brickell Flatiron, a 64-story luxury condominium tower rising in Downtown Miami’s Brickell neighborhood, has reached the halfway mark as builders finish construction of the skyscraper’s 32nd floor.
Live right where all the action is, in the center of it all. Brickell City Centre's residential tower Rise gives residents direct access to all of the luxurious Brickell City Centre shops, restaurants and entertainment via an elevator, immersing you in the center of the hustling and bustling Brickell district of Miami.
Preleasing is now live for the two ground floor retail spaces at a new Arquitectonica-designed mixed-use "millennial driven" project which C-F Brickell is proposing to replace the recently demolished El Eden Motel just blocks from Brickell City Centre.
OKO Group, the Miami-based development company founded by real estate magnate and prolific international developer, Vladislav Doronin, recently celebrated the launch of its second project, Una, a monumental 47-story, waterfront condominium tower designed by Adrian Smith + Gordon Gill Architecture (AS+GG).
Sales are now live at OKO Group's Una, where residences start at $900,000 and are being exclusively overseen by Fortune Development Sales. The 47-story boutique condo tower will rise at Brickell Avenue’s southernmost point at 175 SE 25th Road near the crossroads of Coconut Grove’s Main Highway and Brickell Avenue.
Construction at Ugo Colombo and CMC Group's Brickell Flatiron tower is continuing to cruise as Moss construction crews have surpassed the building’s 29th floor and glass has begun to be installed. Construction is expected to continue to move at a rate of one full floor level completed every week until top-off in December of 2018.
OKO Group, led by founder Vladislav Doronin, just announced its second Miami project: Una. The monumental condominium is the only luxury tower scheduled to break ground south of Brickell, in the area that was once the city’s birthplace of modern high-rise living in the 1970s.
The Related Group and The Allen Morris Company have announced that the final penthouse unit at SLS LUX has sold, marking the complete sell-out of the 450-unit luxury tower. Closings are expected to begin in the coming weeks, with the hotel and culinary components opening shortly thereafter.
Newly divorced Real Housewives of Miami alum Joanna Krupa has listed her condo in the Four Seasons Residences in Brickell for $1.9 Million. Marketed as a "business bachelor pad," the unit is spread over 2 bedrooms and 2.5 bathrooms, offering 2,139 SF of living area.
Sales remain strong in Brickell as Habitat Development is reporting that the first tower of their $120 million Smart Brickell condo-hotel project have reached 50%. Those who reserved units will be converted to contract on February 15. Groundbreaking has reportedly been pushed back to late 2018.
Construction on Ugo Colombo’s Brickell Flatiron tower is moving well ahead of schedule as Moss construction crews have surpassed the building’s 17th floor pedestal. Construction is expected to continue to move at a rate of one full floor level completed ever week until top-off in December of 2018.
Swire has announced that Brickell City Centre's 260,000 SF of office space at Two and Three Brickell City Centre is now 100% leased. Each office tower rises 12 floors and was designed by Arquitectonica. The final two leases signed were by KPMG for 16,926 SF, which equates to a full floor, and Interaudi Bank, who leased 10,700 SF.
Wyndham Hotel Group has announced that they have signed a contract to operate one of the largest hotel developments in the Brickell district of Miami. The hotel, located across from Brickell Mary Village, is being developed by Brazilian developer Galwan and will rise 41 stories featuring 445-keys.
Brickell Avenue's newest luxury high-rise from Property Markets Group and JDS Development Group has been completed and closings are now underway. The first unit to close was unit 1006, a 2 bedroom unit with 1,1110 SF of interior space and a 465 SF balcony, which closed for $560,900, roughly $510 SF.
While some of the world's finest condos are going up all over Miami, each raising the bar over the previous tower, some of Miami's biggest rental developers are beginning to become at odds with each other in Brickell. Florida East Coast Realty has filed a court action to reverse the approval of the NYSE-listed Aimco's approved 61-story Yacht Club at Brickell.
Habitat Development's planned condo-hotel Smart Brickell, designed by Hernando Carrilo, has released new renderings as the project gears up to break ground. Smart Brickell is located in West Brickell and is expected to break ground in the spring of 2018. The project will feature 3 towers with 170 condo residences and 150 hotel rooms.
Last week we reported that Crescent Heights is aiming to bring a CitizenM Hotel to 1212 Lincoln Road on Miami Beach. CitizenM continues to make a splash in Miami as they have purchased the Perricone's site via the entity CitizenM Miami Brickell Properties at 15 SE 10th St next to Allen Morris Park for $16.18 million.
Smart Brickell will break ground in April 2018 after pre-sales in the first tower reached over 35%. Smart Brickell is being developed by Habitat Development and is designed by Hernando Carrillo. The total project will feature 3 residential towers that will feature 170 condos and 150 hotel rooms with over 30,000 SF of retail in the base.