Panorama Begins Marketing For Their 821 Rental Units That Are Coming To Brickell
Construction is well under way and Panorama is rising quickly into the skyline, soon to surpass the Four Seasons as the tallest building in Miami. Although the building is not scheduled for completion until the end of the next year, the developer has begun marketing the rental units.
When it is finished, Panorama will reach 83 stories tall with 821 rental apartments. That’s an awful lot of inventory when we are also looking at the new condo developments coming to market in the area with their rental offerings.
One thing that I really love about the building is the size of the plans. The one bedrooms are 1,150 square feet and there are 3 bedroom plans that are over 2,000 square feet. In a neighborhood where 1 bedrooms are typically 700-800 square feet and two bedrooms are typically 1,100-1,200 square feet, the layouts at Panorama are very generous.
The building will have a pool deck with dining and bars on the 22nd level along with 3 private theaters, a pet boarding facility/doggie day care and even a recording studio. For some reason, they’re also bringing in a cyber cafe. The cyber cafe seemed odd to me. I haven’t seen a cyber cafe since the early 2000’s when people actually had to go dock up to a computer to surf the internet. Now we just surf the internet on our phones as we’re walking down the street. Hopefully that will be switched to a kids’ playroom before opening day. I’ve heard a ton of people requesting playrooms lately, but not a cyber-cafe.
It is still far too early to be able to predict what the pricing will be for these apartments. A lot can happen over the course of a year and there is also a lot of inventory coming to market in the next few months. We’ll keep our eye on things and report back once we know more. Until then, renderings: