OKO Group, the US-based development company founded by international real estate and hotel magnate Vladislav Doronin, and Cain International, a privately held real estate investment firm, have revealed plans for 830 Brickell, the first new office tower to launch in Miami in nearly a decade.
Read MoreBrickell Hotel Project Featuring AC Hotel By Marriott & Element By Westin Receives Construction Permits & Financing
A 24-story Brickell hotel project being developed by Robert Finvarb, which will feature both an AC Hotel By Marriott and the Element By Westin, has received its construction permits and financing. The development, which was designed by Arquitectonica, will feature a 264 key hotel component split between the 2 brands, 23,000 SF of retail, a rooftop lounge and 60 parking spaces.
Read MoreGazit Horizons Reveals 48-Story Brickell Gateway Tower Next To Brickell City Center
Gazit Horizons, a subsidiary of Gazit Globe, has revealed Brickell Gateway, their newly proposed 650,000 SF mixed-use tower which will be built next to Brickell City Center. Located at 90 SW 8th Street, Brickell Gateway will rise up to 48-stories and is expected to offer retail and office space as well as a hotel and residential component. A demolition permit for the existing structure has not been filed with the city.
Read MoreAvison Young Lists Last Development Site In Brickell Comprised Of 3 Parcels Along The Miami River
Avison Young’s Florida Capital Markets Group has been exclusively selected by a family trust ownership group to sell 99 Riverside, the last remaining development opportunity along the Miami River in Miami’s famed Brickell submarket.
Read MoreAmerican Da Tang Files New Lawsuit Over Vacant CCCC Towers Site In Brickell
American Da Tang and Shanjie Li have filed a new lawsuit over breach of contract at the site of the formerly-proposed CCCC Towers in Brickell. The joint venture was under contract to manage the development in exchange for a 5% equity stake in the project.
Read MoreBrickell Flatiron Now 87% Sold, Reduces Deposit Requirements To 30%
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.
Read MoreRelated Group Sells SLS Brickell Hotel For $43 Million
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.
Read MoreWin An Exclusive Tour Of CMC Group's Brickell Flatiron With Ugo Colombo Which Is Being Auctioned Off For Charity
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”.
Read MoreHabitat Group Launches Next Phase of Smart Brickell Condo Project
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.
Read MoreCMC Group Drops Video Tour of A Finished Residence At Brickell Flatiron
Brickell Flatiron, which is the only remaining condo under construction in Brickell, has released a sneak peek of a finished residence showcasing the top-of-the-line materials and finishes hand-picked by developer Ugo Colombo from his native Italy. Hailing from Milan, Ugo is known for his meticulous attention to detail and ability to deliver a bespoke product, whether that means flying in Italian craftsman to lay porcelain tile or importing everything from hardwood doors, marble baths, and terracotta cabinetry from his home country. The interiors are designed by legendary Italian architect, designer and creator Massimo Iosa Ghini of Ferrari and David Bowie fame and the Miami-based Luis Revuelta is responsible for the building’s exterior. Construction crews are aiming to top off the tower in December and will open in mid-2019.
Sales at Brickell Flatiron have been strong as the tower is now 85% sold. In September, a penthouse in the tower sold for a record-breaking $13.2 million, the highest price paid for a condo in the Brickell submarket since 2007. Buyers are coming from major US cities, whereas this time last year, 70% of Brickell Flatiron’s condos were selling to Latin American buyers, whereas today 80% of sales are being inked with local and domestic buyers.
When complete, Brickell Flatiron will stand 736' and will be one of the tallest residential towers in the U.S. Units range from 1 to 5 bedrooms starting at $500,000 and ranging up to $15.5 million for penthouses. Brickell Flatiron's amenities include an 18th floor amenity deck with a resort style pool, 24-hour concierge, billiard and cigar room, wine cellar, valet, electric car charging stations and a 64th-floor rooftop that will feature a Sky Spa, Sky Pool and Sky Gym along with stunning 360 views of Biscayne Bay, Brickell, Downtown Miami, Coral Gables, etc.
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