Brickell

Empira Group Acquires Rare Development Site Near Brickell With Plans For An 85-Unit Multifamily Project

8:00 am on September 9, 2022 By Oscar Nunez

Switzerland-based real estate investment firm Empira Group acquired a rare 0.53-acre development site west of Brickell that consists of two vacant aged apartment buildings at 3025 and 3051 Southwest 3rd Avenue. The developer has plans to build an 8-story mid-rise multifamily project in “The Roads” neighborhood to satisfy the area’s rising demand for housing fueled by businesses relocating to Miami’s urban core. Designed by Revuelta Architecture International, CoralGrove is planned to yield 85 residential units in a mix of one-, two- and three-bedroom floor plans and 900 square feet of ground floor retail. Empira closed on the acquisition of the sites on August 29th, aiming to break ground in the second half of 2023 and deliver the project in 2025.

YIMBY Looks At Some Of South Florida’s Most Anticipated Luxury Residential Developments

8:00 am on September 6, 2022 By Oscar Nunez

As South Florida’s construction boom continues to advance, developers are becoming more and more creative in their product offerings, incorporating notable brands with world-class design from the most renown architectural firms, exclusive amenities, lavish custom interiors from the most prestigious interior design firms, and most importantly – desirable locations with pristine views. In this article, YIMBY will look into four highly awaited, skyline-altering projects expected to break ground in the near future.

Winston & Strawn, Baker McKenzie Sign Leases At OKO Group And Cain International’s 55-Story 830 Brickell Office Tower

8:00 am on August 30, 2022 By Oscar Nunez

830 Brickell, Miami’s newest Class A+ office tower, continues to attract best-in-class international law firms looking to bolster their presence in South Florida. Chicago-based Winston & Strawn LLP and Baker McKenzie have both joined the roster of firms signing leases at the 55-story office tower, which will become Miami’s first Class A+ office tower to deliver in more than a decade. Winston & Strawn will open its first Miami office within 35,000 square feet at the tower, marking the firm’s largest expansion in five years. Baker McKenzie signed an 18,000 square-foot lease.

Interiors Revealed For Mast Capital’s Cipriani Residences Miami Designed By 1508 London

8:14 am on August 20, 2022 By Oscar Nunez

Mast Capital has unveiled the interiors of Cipriani Residences Miami, the brand’s first ground-up residences in the United States. Designed by the internationally renowned firm 1508 London in collaboration with the Cipriani family, the tower captures the spirit of the brand – recognized for its distinguished style, world-class service and four generations of history and tradition – and features a design language consistent with Cipriani’s understated elegance reminiscent of yacht design. The vision for Cipriani Residences Miami will reinvent luxury in the Brickell neighborhood, known for its high-rise buildings, walkability and enviable water and city views, and epitomize the sophisticated lifestyle that residents will enjoy at the development.

75-Story Baccarat Residences Miami Will Begin Vertical Construction This Fall

8:00 am on July 31, 2022 By Oscar Nunez

Vertical construction is expected to begin this fall for Baccarat Residences Miami, a 75-story luxury condominium tower planned for 99 Southeast 5th Street in Brickell, Miami’s Financial District. Designed by Miami-based international architecture firm Arquitectonica and developed by Related Group in collaboration with French luxury brand and fine crystal manufacturer Baccarat, the 848-foot-tall superstructure will yield approximately 806,326 square feet of space including 318 condominium residences, 8 penthouses, 28 riverfront flats and duplexes, 73,000 square feet of amenities and a 10,000-square-foot waterfront ground floor restaurant. New York City-based Meyer Davis is handling interiors and Enzo Enea is the landscape architect. John Moriarty and Associates of Florida Inc. is the general contractor.

FAA Building Permits Filed For 897-Foot-Tall And 848-Foot-Tall Structures At Baccarat Site In Brickell

8:00 am on July 27, 2022 By Oscar Nunez

Applications for building permits have been submitted to the Federal Aviation Administration (FAA) for two structures at Related Group’s 3.9-acre development site in Brickell, Miami, where the developer plans the One Brickell waterfront-facing mixed-use complex with as many as three towers. The first set of permits reveal a filing for an 897-foot-tall structure, or 901-feet above sea level, specifically at 444 Brickell Avenue. A second set of permits were filed for an 848-foot-tall structure, or 852-feet above sea level, around the northwest corner of the site which is likely 99 Southeast 5th Street. Both permit applications were created and filed on July 15, 2022 and are now under review by the FAA.

Mast Capital Gets FAA Approval For 940-Foot-Tall Cipriani Residences And 693-Foot-Tall Multifamily Towers At 1420 S. Miami Avenue In Brickell

8:00 am on July 25, 2022 By Oscar Nunez

Miami-based Mast Capital received building permit approvals from the Federal Aviation Administration for two structures located at 1420 South Miami Avenue in Brickell, where the firm is planning a 2.6-million-square-foot mixed-use development with three towers across a 2.76-acre site. The tallest structure, the 80-story condominium dubbed Cipriani Residences, will rise 940-feet, or 950-feet above sea level. The second structure, a 59-story apartment tower, will top out at 693-feet, or 710-feet above sea level. Aeronautical studies conducted by the FAA revealed neither of the two structures would have any adverse effects on the navigable airspace.

Sidley Austin Signs 60,000-Square-Foot Lease At 830 Brickell In Miami’s Financial District

7:30 am on July 21, 2022 By Oscar Nunez

Sidley Austin LLP, an international law firm with almost $3 billion in revenue and 20 offices worldwide, has confirmed that it is opening its 21st office in Miami. Sidley will join the growing roster of world-leading professional services firms and other companies at 830 Brickell, the new 55-story Class-A+ office tower nearing completion in Miami’s Brickell Financial District. Sidley signed a three-floor, 60,000 square-foot lease at the 55-story tower, marking the largest new-to-market office lease signed in the city’s urban core this year. The building, developed in partnership by OKO Group and Cain International, is the first stand-alone Class A+ office tower to be built in Miami’s Brickell Financial District in over a decade and is nearly 70 percent leased ahead of its late-2022 completion.

Citadel Revealed As Buyer Of 2.5-Acre Development Site At 1201 Brickell Bay Drive In Miami

8:00 am on July 6, 2022 By Oscar Nunez

The buyer behind the last remaining prime water front development site in Brickell, 1201 Brickell Bay Drive, has been revealed to be Citadel, a multinational hedge fund and asset management company led by CEO Ken Griffin. The 2.5-acre site sold for a record-breaking $363 million back in April 2022, but the buyer’s identity was hidden behind a Chicago-based limited liability company. Miami-Dade County property records now show the site was sold by TWJ 1201 LLC, an entity linked to Tibor Hollo’s Florida East Coast Realty (FECR), to 1201 Brickell Bay LLC. Hollo paid $15,500,000 for the site nearly 22 years ago, yielding an approximate 2300% profit.

FAA Permits Filed For 44-Story LOFTY Brickell Tower At 99 SW 7th Street In Miami, $170 Million Construction Loan Secured

8:00 am on July 5, 2022 By Oscar Nunez

FAA building permits have been filed for LOFTY Brickell, a 44-story residential building planned for 99 Southwest 7th Street along the Miami River in Brickell, Miami. Designed by Arquitectonica with landscape architecture by Urban Robot Associates and interiors by INC for real estate developer Newgard Development Group (Newgard), the 574-foot-tall tower will ultimately contain 364 fully-finished residences in a variety of studio, one- and two-bedroom units, as well as 40,000 square feet of thoughtfully curated amenities. Newgard has also secured a loan valued at $170 million from 3650 REIT to begin construction at the site.

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