1,049 Foot Supertall Tower Receives FAA Approval for Brickell Neighborhood
Brickell may be getting a new supertall tower after receiving approval from the Federal Aviation Administration. Now the plans will move on to the City of Miami to discuss design, permits, and construction.
The tower located at 1428 Brickell would rise 1,049 feet tall on 1.15 acres. The property is currently owned by Miami-based real estate developer Ytech.
Ytech has the rights to build an 825,000 square foot structure due to the air rights. Ytech’s website states, “In a sea of high-rises, 1428 marks a new chapter for luxury development and a turning point for the Brickell area.”
The FAA application was originally submitted on July 30, 2021 and was just granted approval on January 14, 2022. The project is currently being called 1428. Its T6-48A-O zoning means the property could house a tower that’s at least 48 stories tall.
The only information that has been released about the property is that there will be hotel-like services that owners can participate in.
Ytech also owns property nearby where an 80 story tower is possible. This site could also be a possibility for an additional supertall tower as well.
The developer purchased the site in January 2017 for $26.5 million from The Taplin Company LTD after a threat of foreclosure. Currently, there is a 9 story Bank United office building that was originally built in 1971 with 100,762 square feet. Taplin first purchased the property in 1994 for $4.4 million.
Current Site of 1428 Brickell
Madonna’s Former Miami Waterfront Mansion Sells for $29 Million
Madonna’s former home located in Miami was recently traded for $29 million while Queen of Pop originally sold the home in 2000 for $7.5 million.
Sited on 1.14 acres, the waterfront estate is located at 3029 Brickell Avenue just south of the Brickell neighborhood. With just over 8,400 square feet of living space, the mansion features 9 bedrooms and 8.5 bathrooms.
The property was built in 1928 and over the years it has been renovated and expanded for each owner’s needs. With the sub-tropical and Mediterranean style, the home showcases gorgeous stone archways throughout.
With art deco finishes and a traditional floor plan, the estate flows gracefully from one room to the next. The chef’s kitchen features high-end stainless steel appliances, European white cabinetry, and quartz counters.
The Mediterranean style continues outside with Italian stone pathways, fountains, and a gorgeous in-ground pool. Entertaining is made easy with the expansive covered and uncovered patio that overlooks Biscayne Bay and a dock with a boat lift.
This property is just 1 of 6 mansions on Biscayne Bay that reside on Brickell Avenue. The sale price of the home equates to $3,452 per square foot.
The sellers for the mansion are listed under a trust incorporated in the Bahamas with the President of the trust as Miami Beach attorney Monica Tirado. The buyers are listed as Paul Morelli who is the trustee of the Brickell Holdings Trust in care of Cenna Lanier who resides in Chicago.
Smart Brickell Tower 3 Coming Soon
Smart Brickell is one of the newest condo-hotel projects located in the heart of West Brickell. This mixed-use development will comprise three towers total that features 170 condos and 150 hotel rooms spanning over the three towers.
The most unique thing about the Smart Brickell Tower, besides its futuristic design, the smart technology is so advanced that it will set the stage for all pre-construction towers going forward. Some of the smart features include Lifx Wi-Fi enabled LED smart bulbs, Samsung’s digital home appliances, concierge app, and Nest thermostats.
Tower 1 rises 26 stories featuring 50 condos with 1 to 2 bedroom floor plan options. Floor plans will range from 558 to 1117 square feet starting at $318,000. The first 7 floors will feature a boutique-style hotel managed by Habitat Hotels with floors 11-23 will be condos.
Units will be fully furnished and finished. Top-off was completed in May 2021. The exterior is still will be completed with stucco and prime paint has started on the south facade. Interior drywall and framing is 90% complete.
Tower 2 will feature 50 condos as well as 50 hotel rooms with one to two-bedroom floor plans. Units will also be fully furnished and finished and can be rented up to 50 times a year on a short-term basis like Airbnb. Completion for tower 2 is anticipated for 2022.
Construction on Tower 3 will begin soon and will feature 20 condos and 100+ hotel rooms. These units will also be fully finished and furnished.
On the ground level, the development will feature 12,000 square feet of commercial space with retail, a cafe, and a restaurant.
Building Features
25 Story tower designed by the well-known architect, Hernando Carrillo
The building is Leed certified
One assigned parking space per unit in secured parking garage plus valet parking services
Electric car charging stations
24 Hour concierge and security services
The café is on the ground level
Stunning amenity deck located on the 8th floor with landscaped recreational area and expansive terrace
Resort-style pools with lap area and sun deck
In-water lounge chairs near a waterfall
Spa and wellness center
Fully-equipped business center on the 9th floor
Chic and spacious event room on the 10th floor
Sky fitness center located on the 24th floor
Lounge bar located on the 25th floor
Wi-Fi throughout the lobby and amenity deck
Residence Features
Renowned design firm, Arquitectonica Interiors, designed the units that take full advantage of every square foot
Each unit is equipped with smart, Wi-Fi enabled features to compliment the look and feel of the future of living including Nest thermostat, Lifx Wi-Fi enabled LED smart bulbs and Amazon echo/Alexa home and personal assistant
City-view terraces with floor-to-ceiling sliding glass doors
Every residence has the ease to always be in control from the comfort of their smartphone with the Concierge App
The kitchen will be fully equipped with Bosch and Samsung appliances and contemporary cabinetry
The penthouse is located on the 23rd floor and has 12-foot ceilings
Echo Brickell Penthouse with Indoor Pool Lists for $39.5 Million
There are many condos that have truly taken our breath away over the years but this one has left us absolutely stunned. From its 28 foot ceilings, all the way to its 360-degree water views to its indoor pool, we can’t stop drooling over this penthouse that just hit the market at Echo Brickell.
Located at 1451 Brickell Ave, Miami, this duplex penthouse has everything you need and more. Listed at a cool price of $39.5 million, the unit stretches 11,000 square feet over 2 floors, 56th and 57th.
The penthouse features 5 bedrooms and 7.5 bathrooms each with custom built-ins and magnificent views. The unit truly feels like a mansion with the bedrooms above and the main living areas below.
Amenities are in abundance in this ultra-luxury penthouse. The indoor sky pool is perfectly placed with floor-to-ceiling folding doors for the natural weather exposure. The signature staircase unfolds to a unique green foliage wall accenting the marble and glass throughout.
The custom kitchen opens to living space that is a designer’s dream. The grand suite features two dual baths, designer closets, and a midnight bar. All of the bathrooms are custom-crafted marble pieces.
This unit features 6 parking spaces, 4 elevators, an office, staff quarters, and a full wellness package with a sauna and fitness room.
Echo Brickell is a 180 unit residential tower that rises 57 stories located directly in the middle of Miami’s Financial District. Echo was designed by Carlos Ott and developed by PMG and JDS Development Group. The interiors were completed by Yoo Studio. The floor plans range from 1 to 4 bedroom options with penthouses also available. The unique thing about Echo is that it features 180 different floor plans.
Echo Brickell Amenities
Vanishing-edge pool and deck with panoramic views of Biscayne Bay, Downtown Miami, and Miami Beach
2,800 square foot, state-of-the-art fitness center and spa overlooking pool, bay, and city
Resort-style poolside food and beverage service
Two hot tubs with sunbathing deck overlooking the Brickell skyline
Full-service concierge services
If you or someone you know have an interest in purchasing one of the units at Echo Brickell or any information regarding Penthouse 01, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Microsoft Officially Announces Move to 50,000 Square Foot Space in Brickell
As more tech companies and their execs flock to Miami, another quintessential name is making a surprising move to Brickell.
Microsoft Corporation has recently signed a lease for a 50,000 square foot space in the Brickell Financial District. The property located at 830 Brickell is centrally located in Downtown Miami near the 500,000 square feet of open-air luxury shopping and close proximity to iconic residential towers.
Microsoft’s official headquarters is located in Redmond, Washington and this new location will move its Latin America Team and make the Brickell location their regional hub.
In a press conference to announce their new location, Microsoft’s Vice President of Sales, Marketing, and Operations; Mariana Castro, announced that this team will be supporting other Microsoft businesses.
Castro also stated that they look forward to the opportunity to be a part of a rapidly expanding city and they look forward to growing with Miami.
The commercial building at 830 Brickell rises 55 stories and offers 640,000 square feet of commercial rental space. The building was designed by Adrian Smith + Gordon Gill and developed by Oko Group and Cain International.
The building is currently under construction and the anticipated completion date is scheduled for 2022. This building is Brickell’s first new office building to be built in over 10 years.
Other tenants in the building include a private equity firm, managed by Thomas Bravo, who leased a 36,000+ square foot space in January 2021.
Microsoft will join giants like Live Nation, Spotify, Boston Private, and Uber in Miami in this new wave of businesses moving to South Florida. With this massive transition for Microsoft, we can only expect this announcement will push other companies into taking a closer look at Miami as home.
Developer Looking to Acquire 80% of Brickell Harbour
In the past couple of years, Brickell Harbour condominium owners have received multiple offer letters to purchase their units. More recently, one of our long-time clients has received a purchase letter for double the value of their unit. This has come at a time where all units seem to be receiving a similar letter with their purchase price unknown but it is evident of the developer wanting to buy out the tower.
The developer of interest is Brickell Bayfront Acquisition Associates, LLC, an affiliate of Fortune International Group. The limited liability company as well as Fortune International Group is located at 1300 Brickell Avenue in Miami. Their portfolio consists of the development, designing, and financing of Miami condominiums. They also offer brokerage services.
According to the letter (below), Brickell Bayfront Acquisition, plan on obtaining at least 80% of the units at Brickell Harbour. The letter also states that the company has spoken to the condominium owners association about purchasing units but it was concluded that it is up to each individual owner to make the decision to sell. Some of the highlights of the purchase agreement include:
The purchase price being offered is a significant premium above the market value of the unit and considers each unit’s particular size, view, floor, line, and improvements;
Cash earnest money is promptly deposited with a third party escrow agent to secure the contract;
There is no finance contingency;
Closing in 90 days after the expiration of the due diligence period;
The owner pays NO brokerage commissions (typically 6%);
The buyer pays off the recent special assessment for structural repairs; and
The ability to continue to occupy the unit for a period of up to 6 months after the date of closing.
Brickell Harbour is an 18-story condo tower located at 200 SE 15th Road in Brickell’s Financial District. The tower was built in 1974 and received major renovations in 2019. Residences comprise of 1 to 3 bedroom floorplans ranging from 602 to 1,641 square feet of living space. Tall ceilings, floor-to-ceiling glass windows, wide balconies, and gorgeous views are just a few of the residential amenities these units have to offer.
It is unclear what Brickell Bayfront Acquisitions plans on doing with the tower once they receive purchase contracts but we will update this article as more information is available.
Four Seasons Miami Sold for $130 Million
Developer for the Four Seasons Surf Club in Surfside recently purchased the Four Seasons Miami in Brickell for $130 Million. With this purchase, Fort Partners (developer for Four Seasons) now have full control over all of the Four Season properties in South Florida.
The deal was financed through a New York company Madison Realty Capital for a $105 million loan. The full purchase price is unknown but according to the press release, the property traded for close to $130 million. This selling price equals $588,000 per room.
The hotel located at 1435 Brickell Avenue is a part of a 70-story tower that includes residential units, retail, parking, and a gym. The hotel was completed in 2003 and was considered then the tallest tower in Miami.
According to the Managing Principal and Co-found of Fort Partners, their plans are to renovate the hotel. They also want to ‘modernize’ the hotel rooms, lobby, and pool deck. They are also looking for additional food and beverage restaurants/bars to join the brand.
The sellers for the hotel include Westbrook Partner, a New York-based company. They purchased the property 10 years ago with a 3 part deal to eliminate debt on another Miami Property. They originally acquired the property for $40 million. Fort Partners was represented by JLL’s Jim Dockerty, Kevin Davis, and Mark Fisher.
Last year, the tourism industry stood at a pause as well as a dim future. Now, that states have opened up and are allowing travel, we are seeing more hotel transactions. In June, Pebblebrook Hotel purchased Margaritaville Hollywood Beach Resort for $270 million. Allen Morris Company, Stormont Hospitality, and Black Salmon teamed up to purchase a Miami Beach hotel for $25.5 million. TPG Real Estate Partners have also purchased 2 hotels in Edgewater for $61 million.
Photo Credit: resortpass.com
Renderings Released for Baccarat Residences Miami
Baccarat Residences Miami is the newest pre-construction tower located in Brickell that will soon grace the Miami skyline with its gorgeous glass exterior. The location is ideal placing Baccarat Residences in the heart of downtown at 444 Brickell Avenue.
Rising 75 stories, the collection includes 324 residences that will begin on the 15th level. The top 3 floors will feature 8 penthouses with immaculate ocean and skyline views. In addition, there will also be 28 riverfront flats and duplexes of your choosing.
Units will range from 1,330 square feet to over 7,000 square feet, with each unit featuring integrated purified air and water filters, impact-resistant floor-to-ceiling glass doors, 8-foot deep private terraces, and 10-foot high ceilings. Kitchens will be top-of-the-line with high-end appliances, granite counters, and custom cabinetry.
Interior Designed by Meyer Davis Studio, the building design incorporated a mixture of 18th-century French and 1930s Art Deco. The developer includes the Related Group with the landscape architecture designed by Enzo Enea.
The elevated waterfront amenities deck will include an infinity pool with killer views of Miami and Biscayne Bay. Enjoy fine dining at the 10,000-square-foot restaurant that will be announced once construction continues. Additional amenities include a state-of-the-art fitness center, spa, wine cellar, and tasting room.
Quick Facts:
DEVELOPMENT OVERVIEW
Privileged Brickell waterfront position, where the Miami River meets Biscayne Bay
Dazzling contemporary 75-story glass tower
Collection of 324 tower residences, 8 penthouses, and 28 riverfront flats and duplexes
Panoramic views of Biscayne Bay, the Miami River, and the Miami city lights and skyline from every residence
Artful service and amenities impeccably curated by Baccarat Hotels & Residences and expertly managed by SH Hotels & Resorts
Lushly landscaped waterfront promenade and private marina
Lushly landscaped secluded private entrance leading to the riverfront arrival court and elegant porte-cochere entrance
Exquisitely appointed entrance lobby with grand high ceilings leading directly to three banks of double private elevators to each residence
Permanent installation of curated museum-quality art collection throughout the building’s public spaces
Elevated 12th-level amenities resort deck loaded with a dramatic zero-entry heated saline swimming pool, outdoor spa, pool-side cabanas, summer kitchen area, and beautifully landscaped sun terrace
Glamorously designed Grand Salon, set as the ideal location for both intimate gatherings and grand celebrations
Luxurious Clubroom with bar and billiards, catering kitchen, and multimedia facilities
State-of-the-art fully equipped fitness center curated by Altitude
Fitness with cardio theater, spinning room, yoga and meditation rooms, all overlooking the pool deck resort area
Hammam spa with men’s and women’s steam and sauna facilities, luxurious treatment rooms, and spa shop
Private screening room with cutting-edge audiovisual equipment and theater-style seating
Game room with multimedia facilities and children’s playroom
Business Center with conference facilities and private workspaces
Gourmet market
Wine Cellar and Tasting Room
State-of-the-art Chef’s Kitchen and Private Dining room
Pet-friendly community with Pet Spa, Grooming, and Walk Service
Hair Salon & Barber Station
High-speed internet access in all public areas
Electric vehicle charging stations
Air-conditioned storage rooms
Bicycle storage spaces
BACCARAT GLOBAL MEMBER PRIVILEGES
Baccarat Owners Circle Services including private shopping, discounts on Baccarat crystal, discounted engraving and gilding, and priority status for custom production
Exclusive tour package to Baccarat France, available only to owners of Baccarat Residences
Invitations to Baccarat events worldwide
Preferred service and privileges at Maison’s Baccarat (Paris and Moscow), BBar (Tokyo) and Crystal Rooms worldwide
Hotel privileges in Baccarat Hotels and SH Hotels & Resorts worldwide
This project will break ground in 2022 with a completion date of 2024. If you or someone you know have an interest in purchasing one of the units at Baccarat Residences Miami, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
Sexy Fish Coming Soon to Brickell
London hotspot Sexy Fish, will open its first United States restaurant in Brickell in September 2021. Located inside Brickell Flatiron at 1001 S. Miami Avenue, it will be the hottest restaurant this fall!
The Japanese-style restaurant was created by British hospitality entrepreneur Richard Caring, who is responsible for Annabel’s, Ivy Collection, Soho House Group. Chef Bjoern Weissgerber will be running the kitchen at Sexy Fish. He made his first debut at Zuma Miami in 2010 and received his first Michelin star when he was 27 years old.
The menu will feature a wide variety of makis, sahishi, sashimis, and tartares. The bar menu will feature drinks inspired by its London counterpart.
It is unclear what the aesthetic for the Miami location will be but its London location features a golden ceiling, bronze mermaid statue, and exotic fish with coral in large tanks.
isle of mull scallop, jalapeño sauce & pickled apple
wagyu gyoza, foie gras & black truffle
caramelized black cod, spicy miso
king crab & bone marrow, summer truffle & toast
beef tenderloin, 200gr, ginger & black pepper
Late Night Menu:
oyster gillardeau & smoked chili sauce
salt and pepper squid
wagyu tataki, Japanese mustard & summer truffle
prawn gyoza, soy & ginger dressing
seasonal vegetable tempura (9 kinds)
lobster, smoked Marie rose dip
green asparagus smoked creamy ponzu
Kimichi fried rice
lobster Sancho pepper & shiso butter
Japanese wagyu A5 sirloin 150g*
Japanese wagyu A5 fillet 150g* Sex
Brickell House Finally Finds Solution to Its Parking Garage Woes
All eyes on are on Brickell House condominium tower after years of fighting a parking garage battle! More than 6 years in the making, owners now see a solution to their parking concerns.
The Brickell House Association has contracted ParkPlus High Density Parking Systems to complete the parking replacement project. ParkPlus has 50+ years of history in parking automation and they offer a number of solutions for any need; including robotic parking solutions, self-park stacking, and manually operated stacking.
The parking replacement project is estimated to take up to 77 weeks once permits and approval from the city are in place. ParkPlus is estimating 411 parking places with 80 spaces for electric vehicle charges. With the new system in place, it is estimated that 95 vehicles can be parked per hour.
With the $72 million awarded from the previous parking systems lawsuit, the Association will be able to cover the transition to this parking project making a special assessment not necessary for unit owners. The Brickell House Association has stated that they have taken into account the cost of preventative maintenance for 15 years but may need to revaluate due to technology advances in the future.
ParkPlus is bonded and insured, and the Association has additional insurances if the need arises. Initially there will be valet parking only, which will eventually transition into self-parking. Until the transition occurs, there will be personnel ready to assist in the parking and loading areas.
With this new parking replacement project in full swing, prices for Brickell House condos should rebound over the next few years as there is finally a light at the end of the tunnel!
