Brickell

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

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.

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Brickell City Centre. Designed by Arquitectonica.

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

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…

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Brickell City Centre. Designed by Arquitectonica.

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

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.

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CitizenM Brickell. Photo by Skyalign.

Exterior Work Nears Completion On CitizenM Hotel In Brickell, Miami

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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Waldorf Astoria Miami. Rendering courtesy of ArX Solutions USA LLC.

Envisioning The Future Supertalls Of The City Of Miami

In recent years, the city of Miami has seen an influx of proposals for supertall skyscrapers; this supertall is defined as a building reaching the height of 300 meters or greater, or a minimum of 984 feet. Various developers have put together elite teams of architects and engineers to bring the phenomenon to South Florida, yet as of today, none have been constructed. Skyscraper construction is no myth in the area as the city’s skyline is densely packed with hundreds of high rises, and perhaps even some that visually appear to come close to 300 meters, but a legitimate supertall has yet to come to fruition. This could be due to various factors, such as funding or engineering obstacles; maybe in the past the demand wasn’t there. But what we do know is that the FAA, the Federal Aviation Administration, has approved a handful of supertall skyscraper proposals. These are the most recently proposed and approved projects. 

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