Developers Under Contract for $520M Waterfront Assemblage at 1001 and 1111 Brickell Bay Drive in Brickell
Oak Row Equities and Mariposa Real Estate have reached an agreement to acquire Aimco’s 4.25-acre waterfront property at 1001 and 1111 Brickell Bay Drive for $520 million. This transaction, expected to close in the fourth quarter of 2025, will represent the largest single land acquisition in South Florida to date. The site, zoned for over three million square feet of development, features 485 feet of continuous Biscayne Bay frontage and is primed for ultra-luxury condominiums.