Brickell City Centre’s R&R Towers Hit $180 in Sales, With Rise Opening This Summer
Plus a Brickell City Centre Fly-Through, Via Drone-Cam
Courtesy Brickell City Centre.
Brickell City Centre’s two residential towers Reach & Rise have done a combined $180 million-plus in condo sales to date, say the megaproject’s public relations wonks, with Reach 90 percent sold out and Rise 45 percent. Reach opened to residents back in April, giving it a head start in sales, while Rise is scheduled to receive its Temporary Certificate of Occupancy (a.k.a. that’s move in day!) sometime this summer. Prices for remaining units have also been bumped up by 10% in response to strong sales despite a slowing market, although even things at City Centre are obviously tamer than they were a year ago.
Debate Over Arquitectonica’s Babylon Apartments Preservation Goes National
The Babylon Apartments. Photos courtesy Phillip Pessar.
The aesthetically pioneering Babylon Apartments has a date with the City of Miami Historic Preservation Board on July 5th, potentially resulting in historic designation status. Architecture firm Arquitectonica’s “first building that wasn’t a house,” as described by one of its heads and cofounders Bernardo Fort-Brescia, is also one of its most important, and a seminal piece of Miami’s architectural history. The debate over the Babylon’s fate has also become national news. Miami Condo Investments Editor Sean McCaughan’s report on uncertain future of the Babylon is over at the Architect’s Newspaper: