Empire Brickell - Florida YIMBY

Empira Group Acquires Brickell Development Site, Plans 26-Story Multifamily High-Rise

8:00 am on April 20, 2023 By Oscar Nunez

Swiss real estate investment powerhouse, Empira Group, has made headlines with its recent acquisition of the 901 Southwest 3rd Avenue development site for $21.5 million, previously referred to as Empire Brickell, in the bustling Brickell neighborhood of Miami. This marks the firm’s second foray into greater downtown Miami’s development landscape in just under a year, with the transaction successfully closing on April 17th, 2023. With construction anticipated to begin in the first quarter of 2024, Empira Group envisions a 26-story tower comprising 310 market-rate apartments alongside approximately 2,500 square feet of ground-floor retail space. The project’s completion is slated for 2026.

Grand Peaks Proposes 26-Story Residential Building At 901 SW 3rd Avenue In Brickell

8:00 am on September 18, 2022 By Oscar Nunez

A 26-story residential building has been proposed to rise beside Interstate 95 in the western limits of Brickell, Miami. Dubbed Empire Brickell, the 310-foot-tall structure is designed by Corwil Architects, with Kimley-Horn as the landscape architect. Grand Peaks, a multifamily real estate developer based in Colorado, is under contract to purchase a 1.034-acre site comprising two parcels at 901 Southwest 3rd Avenue and 244 Southwest 9th Street for the project. If approved, the residential development would yield 409,528 square feet of space, including 250 dwelling units, 2,452 square feet of ground floor retail space and 352 parking spaces.