Swire Plans to Expand Brickell City Centre…2 More Condo Towers

 
Brickell City Centre, the 9-acre, billion-dollar, mixed-use development that opened late 2016 in the epicenter of Brickell, Miami’s financial district, is expanding an entire city block and will include 2 new condo towers.

Currently, Brickell City Centre spans 3 large city blocks along South Miami Avenue offering a true live/work/play urban center, which has shown to be a great addition to the core of Downtown Miami. Now, Brickell City Centre features a 3-level open-air shopping center with its innovative $30 Million Climate Ribbon and 565,000 square feet of retail space, 2 residential condo towers called ‘Reach’ and ‘Rise,’ the trendy EAST Miami hotel and 2 Class-A office buildings. But, Swire Properties, the developer of Brickell City Centre, is planning to expand the multi-level commercial development to a 4^th city block.

Specifically, Swire has filed plans with the City of Miami for an extension of its existing special plan, according to the Miami Herald, that would include an additional 2 residential condo towers, which would be connected to each other and also connected to the existing 3-block complex by new skybridges. The new condo towers would occupy the triangular block that stretches across South Miami Avenue and 7^th Street from the existing complex. This triangular block used to be home to the iconic Tobacco Road Bar and is still home to the popular River Oyster House, which will move to a completely different location.

The expansion plan, designed by Miami-based Arquitectonica who also designed the existing complex, will be built in 2 phases according to Kieran Bowers, the President of Swire’s U.S. operations. Specifically, the 588-unit, mixed use tower will be built first on the triangular block and will include a 3-level retail base with 87,000 square feet of enclosed retail space. The second condo tower will be developed at a later time and will likely be a ‘boutique’ residential tower.

Swire is anticipating a city approval for the expansion plan by the end of this year and estimating a start date for construction on the first condo tower in the first half of 2020.

Rendering of Proposed Condo Towers Adjacent to Existing Brickell City Centre

Rendering of Proposed Condo Tower Over Retail Podium at Brickell City Centre

If you would like more information about luxury condos at Brickell City Centre, please contact Michael Light, Senior Director of Luxury Sales at Douglas Elliman. You may reach Michael directly at (786) 566-1700 or michael@miamiluxuryhomes.com.