Brickell City Centre

Brickell City Centre

November 2015
General information
Status Phase one high-rises topped-out
Type Mixed use
Location Miami, Florida, United States
Cost US$1 billion+ (phase 1)
Technical details
Floor area 5,400,000 square feet (500,000 m2) (phase 1)
Design and construction
Developer Swire Properties

Brickell City Centre [1][2] is a $1.05 billion shopping and mixed-use project that will, when finished, span up to five blocks to the west of Brickell Avenue and to the south of the Miami River, in the Brickell district of Greater Downtown Miami, Florida. It will be anchored by a 107,000 square-foot Saks Fifth Avenue.[3] The project is located between 7th and 8th Streets on both sides of South Miami Avenue and east of South Miami Ave on the north side of 7th Street. Additionally, it may expand to develop two more blocks that Swire already owns at 700 Brickell Avenue and 6th Street.

Overview

The project is being developed by Swire Properties Inc (the US subsidiary of Hong Kong-based Swire Properties), and will span 9 acres,[4] including a department store, luxury shops, restaurants, hotel, office towers and condominiums.[5] The hotel flag was awarded to EAST, a Swire Hotels brand, which will be their first venture in North America. Currently there are EAST hotels in Hong Kong and Beijing, China.[6] In February 2013, Swire Properties and the owners of Bal Harbour Shops announced that they had come to an agreement to co-develop the retail portion of the development.[7] Later, in 2015, mall developer Simon Property Group also became a retail partner.[8] Parts of the project are expected to open by the end of 2015, while the retail portion may open by the end of the following year.[9][10]

History

Part of Brickell City Centre site in 2011 prior to revival
Pedestrian bridge over South Miami Avenue.

The development was originally proposed as a complex of four skyscrapers was approved by both the City of Miami and the Federal Aviation Administration, but the entire complex was cancelled in 2008 due to poor market conditions.

In June 2011 the project was revived by Swire Properties, and the complex is now planned to consist of four stories of retail and entertainment space, topped by six smaller towers; two residential, two office, a wellness tower and a hotel. Arquitectonica remains as the architect. Two additional lots were bought by Swire in 2011: (Brickell Tennis Club and Eastern National Bank building) in order to qualify for Special Area Plan zoning, making the entire development site over 9 acres (36,422 m2); this will also allow direct access to the Eighth Street Metromover Station, which will be renovated and integrated into the development.[11] The project will also contain two levels of underground parking, covered sidewalks, and interconnectivity between all the buildings.[12] Underground parking in South Florida is a rarity due to the low elevation above sea level.[13][14] The City Commission gave the project its final approval in July 2011.[15]

On July 15, 2013, It was announced that Swire Properties had purchased an adjacent site at 700 Brickell Avenue in Miami, formerly the regional headquarters of Northern Trust Bank. The lot totals 1.55 acres and was purchased for just over $64 million.[16] In September 2013, Swire announced the plans for the site, which include the previously purchased Eastern Nation Bank building. The proposal is for a future phase of the project which includes an 80-story tower, called One Brickell City Centre, which will include retail, Class-A offices, condominiums and hotel space.[17] The building was originally proposed at 1,102 feet (336 m), but was later reduced to 1,040 feet (320 m), at which height it was approved by the FAA.

Towers

Towering over the five story mall that covers the majority of three city blocks are three high rises, known as "EAST", "Reach", and "Rise". Each is just over 500 feet (150 m) with over 40 floors.[18] There is a proposed tower known as "North" that would also be about the same height. This isn't as tall as the original proposal, but the a final phase of the project might include a tower that would be twice as tall as the other four, known as One Brickell City Centre. It was approved by the FAA and would be the tallest building in the city.

See also

References

  1. ↑ McCaughan, Sean (December 14, 2012). "Brickell CitiCentre = Brickell CityCentre". Curbed Miami. Retrieved August 20, 2014.
  2. ↑ Mussibay, Oscar Pedro (October 29, 2013). "Swire releases new rendering for Brickell City Centre". South Florida Business Journal. Retrieved August 20, 2014.
  3. ↑ "Sneak peek: New tenants join Brickell City Centre". The Real Deal Miami. Retrieved 2015-11-15.
  4. ↑ Britel, Alexander (June 27, 2012). "Brickell CitiCentre Breaks Ground Moving Miami West". The Real Deal. Retrieved August 20, 2014.
  5. ↑ Brannigan, Martha; Walker, Elaine (January 4, 2014). "The return of the cranes: Miami-Dade construction projects on the horizon in 2013". Miami Herald. Retrieved August 20, 2014.
  6. ↑ Vallecillo, Francys (June 14, 2013). "Exclusive: Inside Swire's Plans for Miami Hotel". World Property Channel. Retrieved August 20, 2014.
  7. ↑ "Owners of Bal Harbour Shops become partner in Brickell CityCentre".
  8. ↑ Bandell, Brian (April 24, 2015). "Simon Property Group joins Brickell City Centre mall project". South Florida Business Journal. Retrieved April 26, 2015.
  9. ↑ http://www.thenextmiami.com/index.php/with-saks-as-anchor-25-of-remaining-retail-space-has-been-leased-at-brickell-city-centre/
  10. ↑ Sumner, Justin (August 26, 2014). "Saks Fifth Avenue to Anchor Miami's Brickell City Centre with 107,000-SF Department Store". Retrieved April 28, 2015 – via CoStar.
  11. ↑ Cordle, Ina Paiva (August 20, 2014). "Saks Fifth Avenue will anchor Brickell City Centre". Miami Herald. Retrieved August 25, 2014.
  12. ↑ Fernandez, Yudislaidy (May 19, 2011). "Underground connectivity a key to massive Swire project". Miami Today. Retrieved August 20, 2014.
  13. ↑ Larry Barszewski (May 28, 2014). "Fort Lauderdale project will dig down on the beach". Sun-Sentinel. Retrieved December 5, 2015.
  14. ↑ "Project Ranks Among Largest Current Southeast Jobs" (PDF). Construction Equipment Guide: 44. August 6, 2014. Retrieved December 5, 2015 – via MalcolmDrilling.com.
  15. ↑ Charles Rabin, Patricia Mazzei (July 28, 2011). "Cash-strapped Miami commissioners lower tax rate, employees could face 30 furlough days". Miami Herald. Retrieved 2011-07-29.
  16. ↑ Brannigan, Martha (July 15, 2013). "Swire wins bid for 700 Brickell". Miami Herald. Retrieved August 25, 2014.
  17. ↑ Brannigan, Martha (September 20, 2014). "Swire unveils new 80-story tower". Miami Herald. Retrieved August 25, 2014.
  18. ↑ "Brickell City Centre Complex - The Skyscraper Center". Council on Tall Buildings and Urban Habitat. Retrieved November 20, 2015.

External links

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