Brickell City Centre: Three Years Into Construction
For those of you who are not acquainted with the colossal development, it is considered the largest real estate project currently underway in downtown Miami. Brickell City Centre is a $1.05 billion mixed-used project which will span 9 acres (four blocks to the west of Brickell Avenue and to the south of the Miami River). Brickell City Centre will have a total of 5.4 million square feet, which is to be divided into a 500,000 square foot shopping center, two office buildings, a residence building with 89 high-end corporate rentals, a hotel with 283 rooms, and two condo towers, Rise and Reach, which individually host 390 apartments each and will stand at 43 stories tall. Amongst their joint 780 units, there will be studios, single room apartments, double bedroom apartments, three bedroom apartments and seven penthouses. Similar to how a light attracts insects, both condo towers have attracted volumes of buyers, as Swire Properties Inc. reports that both Rise and Reach are already over 75% sold out. When purchasing a unit in one of these towers, buyers and investors are, in the words of Maile Aguila, senior vice president of sales for Swire Properties, “not just purchasing a condo, but embracing a true urban lifestyle within a city center”.
If you are interested in apartments Brickell City Centre, or you simply want to learn more about this development, do not hesitate to call us at (305) 379-0203.