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Miami Digs: Brickell City Centre

Posted by in Uncategorized | April 22, 2014

 City Center Night

Brickell City Centre Opens

The mother of all Downtown Miami developments, Brickell City Centre, has successfully opened the first of its two luxury condominium towers to immediate response. Hong Kong-based developer Swire announced in June that the tower, dubbed “Reach,” was already 50% sold after just one month on the market.

That accomplishment triggered the release of a premium group of tower suites located on the 37th to 42nd floors. Each unit features a wraparound terrace and panoramic views to go along with the premium price tag, starting at $2.1 million. A second residential tower, Rise, is slated next, with future phases still in the planning stage.1

“Reach” and “Rise”

The first two towers, designed by prestigious architectural firm Arquitectonica, will be built to strict environmental standards with LEED certification. Each tower will offer 383 units, along with multiple pools and a spa. Reflecting the demands of an urban lifestyle, the buildings are designed to attract a wide-ranging age demographic, featuring amenities geared to young families, like a nanny cam-equipped nursery and an elaborate fitness center, as well as a comfortable library.1

Brickell City Centre - Breakdown

In June 2011 the project was revived by Swire Properties, and the complex is now planned to consist of four stories of retail and entertainment space, topped by six smaller towers; two residential, two office, a wellness tower and a hotel. Arquitectonica remains as the architect. Two additional lots were bought by Swire in 2011: (Brickell Tennis Club and Eastern National Bank building) in order to qualify for Special Area Plan zoning, making the entire development site over 9 acres (36,422 m2); this will also allow direct access to the Eighth Street Metromover Station. The project will also contain two levels of underground parking, covered sidewalks, and interconnectivity between all the buildings. The City Commission gave the project its final approval in July 2011.

Brickell City Centre

Occupying the center of the vibrant urban core in Miami’s Brickell District, Reach is one of a growing mix of high-end residential towers that contribute to the dynamic lifestyle there. It is a key component in Phase 1 of Brickell City Centre, due for completion by late 2015.

On 9.1 acres, Phase 1 will include 5.4 million square feet of Class A office space, a hotel, several entertainment venues, and a high-end shopping section that is expected to feature luxury brand-name retailers.1 Speculation about the actual identity of anchor department stores has used up megabytes of cyberspace, with discussion of names like Neiman Marcus, Saks Fifth Avenue, or even British landmark Harrod’s Department store, but none have publicly confirmed so far.2

High-Rise Revival

A swarm of tall and “supertall” luxury condominium and commercial towers were re-launched in 2011, the year of revival in Miami real estate. Many were projects previously announced, then stalled during the 2008 crash. Swire is aiming to continue the revival as they seek approval to expand their super-project with the tallest soaring tower yet, in One Brickell City Centre.

Combining a hotel with residential dwellings, office spaces, and a shopping mall, it will become the City Centre’s anchor piece, potentially climbing to a record-shattering 1,049 feet. At that height, the tower would be the tallest in the U.S., with the exception of Chicago and New York. The FAA must approve the height of high-rise buildings in the vicinity of Miami International Airport, but recently, it has welcomed a growing line-up of tall structures to take their place in the skyline.

The Council on Tall Buildings and Urban Habitat defines height criteria for tall buildings and other categories. A supertall building is over 300 meters (984 feet) high, and a megatall is over 600 meters (1,968 feet).3

One Brickell City Centre, if the FAA approves, will join the chorus line with previously approved projects like Tibor Hollo’s Panorama Tower and One Bayfront Plaza. The public at large may have a chance to experience the heights in a planned restaurant on the 79th floor, topped by the 80th floor lounge.

Miami Digs Brickell City Centre

For more information, text or call Michael Yablonicky direct at 305-467-7204 or email at michael@zilbert.com

1. http://www.inhabitmiami.com/news/brickell-city-centres-reach-tower-50-sold-less-1-month
2. http://miami.racked.com/archives/2014/05/12/saks-neiman-marcus-harrods-which-one-is-it-brickell-city-centre.php
3. http://www.ctbuh.org/HighRiseInfo/TallestDatabase/Criteria/tabid/446/language/en-US/Default.aspx

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