Brickell

Newgard Development Group Plans Short-Term Rental Tower Across From Brickell City Centre

8:00 am on September 12, 2021 By Oscar Nunez

Miami-based Newgard Development Group, led by Harvey Hernandez, is planning to redevelop a massive 90,000-square-foot assemblage across the street from Brickell City Centre. According to the Miami Herald, the developer recently closed on the property for a staggering $50.75 million. The proposed project is named Lofty Brickell, and although it is unclear what exactly is planned for this development, we do know that it’ll may be a 35-story skyscraper oriented towards the short-term rental market. Owners will have the ease of renting out their units for vacation-length stays via online platforms such as Airbnb, Vrbo and Expedia. Arquitectonica is listed as the design architect on the official website for the property.

830 Brickell. Designed by Adrian Smith + Gordon Hill Architecture

Microsoft Inks Lease At OKO Group And Cain International’s 55-Story 830 Brickell

7:30 am on September 9, 2021 By Oscar Nunez

Microsoft is officially expanding their presence in Miami as the tech industry continues to grow within the city. They have has announced that the company will be taking up 50,000 square feet of office space at the 55-story 830 Brickell, a 724-foot-tall Class A office tower currently under construction in the city’s Brickell Financial District. Rising as the first office tower to be built in the city in over a decade, the developers behind the efforts are OKO Group and Cain International, the duo behind several new projects in Miami such as Una Residences and Missoni Baia. The developers were represented by the Cushman & Wakefield team of Brian Gale, Ryan Holtzman and Andrew Trench. Microsoft was represented by Alexander Brown, Executive Vice President with Colliers International.

Activity Spotted At The Site Of The Kobi Karp-Designed Miami Riverwalk Towers In Brickell

8:00 am on September 2, 2021 By Oscar Nunez

Activity has been spotted at the site of the Miami Riverwalk Towers mega development, a 4.2 million-square-foot multi-building mixed-used project planned for the western perimeters of Brickell, Miami. Designed by Kobi Karp and developed by CG Miami River LLC, lead by New York City’s Meyer Chetrit, the development is projected to yield 1,678 residential units, 330 hotel rooms, nearly 197,000 square feet of retail space, and just over 98,000 square feet of office space. The first of four towers may soon go vertical at 275 Southwest 6th Street, the northwestern section of the site, and rise 54 stories topping out at 643-feet.

Subject Property. Courtesy of Google Maps.

Application Filed To The FAA For A 1,049-Foot-Tall Tower At 1428 Brickell Avenue

8:00 am on August 8, 2021 By Oscar Nunez

The Federal Aviation Administration has received an application for permission to construct a 1,049-foot-tall structure at 1428 Brickell Avenue in Downtown Miami. The property sits at the intersection between Brickell Avenue and Southeast 14th Terrace, just across the street from the Four Seasons Residences Miami. The current owner of the site is Miami-based real estate developer Ytech, listed as Ytech 1428 Brickell LLC according to the public records, who purchased the site back in January of 2017 for just over $26 million from The Taplin Company LTD.

Mast Capital Submits Plans For Three Skyscrapers Where ‘Capital At Brickell’ Was Once Planned

8:00 am on August 3, 2021 By Oscar Nunez

Miami’s Planning Department and Office of Zoning has received an application from real estate developer Mast Capital proposing to build three new mixed-use skyscrapers in Brickell. The plans call for the construction of two 56-story towers and a 74-story tower in the western perimeters of the district. The project would be built on the site of two former developments that never came to fruition primarily addressed as 1420 South Miami Avenue, bounded by Southwest 14th Street on the north and Southwest 14th Terrace on the south with Southwest 1st Avenue to the west. Iris Escarra of GreenbergTraurig is representing the developer in the filing.

Florida’s Current Tallest Skyscraper: The 85-Story Panorama Tower In Brickell, Miami

8:00 am on July 25, 2021 By Oscar Nunez

Back in 2018, the city of Miami had reached a new milestone in skyscraper construction with the completion of the Panorama Tower, an 85-story mixed-use building standing 868-feet over Brickell. Designed by Kobi Karp with Moshe Cosicher of the AIA as the architect of record, and developed Florida East Coast Realty led by Tibor Hollo, the structure currently holds the title for tallest in the state of Florida and also the tallest residential building south of New York City, surpassing the Four Seasons Hotel Miami which held the title from 2003 to 2017.

Chetrit Group Applies For Construction Permits To Build A 54-Story Mixed-Use Tower At Their Miami River Development

8:00 am on July 2, 2021 By Oscar Nunez

GC Miami River, LLC, a subsidiary of New York City-based developer the Chetrit Group, has applied for new construction permits to build the first of four proposed towers for their 4.2 million square-foot Miami River development. According to the filing documents, the structure will rise to the height of 643-feet across 54-stories, yielding an astounding 1,177,448 square feet of space including 632 residences and 12,305 square feet of commercial space. Kobi Karp is the design architect with GT McDonald Enterprises managing construction.

Brickell City Centre. Designed by Arquitectonica.

Brickell Is Now A Seller’s Market According To A New Report By RelatedISG Realty

8:00 am on June 18, 2021 By Oscar Nunez

RelatedISG Realty, a general real estate firm based in Aventura with offices throughout Miami-Dade and Broward Counties head by CEO Craig Studnicky, has just released their 2021 South Florida Brickell report. According to the report, the Brickell submarket is officially now a seller’s market, where the demand has exceeded supply which currently sits at just 1% of the total units that’s been built since 2012; in other words, an astounding 99% of the units have been sold…

KAR Properties & Fortune International Group Buy Out Remaining Reach and Rise Residences at Brickell City Centre

7:30 am on May 24, 2021 By Oscar Nunez

New York City’s KAR Properties and Miami’s Fortune International Group are pleased to announce they have bought out the remaining 81 unit inventory at Reach and Rise Residences at Brickell City Centre, two 43-story luxury residential skyscrapers located at 68 SE 6th St. and 88 SW 7th St. developed by Hong Kong’s Swire Properties.

Exterior Work Nears Completion On CitizenM Hotel In Brickell, Miami

8:00 am on May 8, 2021 By Oscar Nunez

Exterior work is nearing completion on the newly constructed CitizenM Brickell, 277-foot tall hotel in Miami’s Brickell neighborhood. Addressed as 955 South Miami Avenue, the building is designed by Gensler and developed by CitizenM Hotels, a hospitality brand founded by hotelier Rattan Chadha. The 21-story hotel will include 252 lodging units, mostly micro-sized rooms starting at 157 square feet, and up to 4,174 square feet of commercial space at the ground floor.

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