Brickell City Centre


Brickell City Centre is a $1.05 billion shopping and mixed-use project in Miami, Florida. When finished, it will 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. It will be anchored by a 107,000 square-foot Saks Fifth Avenue, Cinemex, and Italian food hall. 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 SE 6 Street.
The large project was first proposed during the real estate bubble of the 2000s, but then cancelled during the economic downturn. It was revived in 2012 with enough acreage to qualify for Special Area Plan zoning with construction beginning by year's end. The hotel and residential towers, as well as some office space, opened in 2016. Phased retail openings started in November 2016. A second phase began construction in 2017. Contrary to the name, the development is not in the traditional downtown Miami city centre, but in the more recently redeveloped Brickell financial district.

Overview

The project is being developed by Swire Properties Inc, and spans slightly over 9 acres. Amenities include a soon to open department store Saks Fifth Avenue, luxury shops, restaurants, hotel, office towers and condominiums. 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. 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. Later, in 2015, mall developer Simon Property Group also became a retail partner.
Limited portions of the project opened at the end of 2015, while the residential towers began occupancy in mid-2016. The retail section opened at the beginning of November 2016 with a formal ribbon cutting and concert by Miami based rapper Pitbull. The Eighth Street Metromover station reopened in late 2015, though the third floor connection to the retail component remained locked until December 2016.
The project has been a catalyst for development in the trendy Brickell neighborhood. In the direct vicinity of the project, many luxury hi-rise buildings are under construction as of 2017. Arquitectonica, the architecture firm that designed the project was also chosen to create the Brickell Heights towers which are located between Brickell City Centre and the shops at Mary Brickell Village.
In 2017, the company reported 70 percent of condo sales were to Latin American buyers. By 2018, “80 percent of sales are going to local and domestic buyers.”

History

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. during construction in early 2015.|159x159px
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 and as the landscape architect.
Two additional lots were purchased by Swire in 2011, the Brickell Tennis Club and the Eastern National Bank building making the entire development site over. This permitted the project to receive Special Area Plan zoning which according to Miami law allows developers to work more closely with the city on "integration of public improvements and infrastructure" Under the Special Area Plan, Swire was able to renovate and integrate the Eighth Street Metromover Station into the development.
The project also contains two levels of underground parking, covered sidewalks, and interconnectivity between all the buildings. Underground parking in South Florida is a rarity due to the low elevation above sea level. The 2,600 sub-grade car park for Brickell City Centre covers, and required installation of watertight slurry walls from the site elevation of NGVD to around -. The City Commission gave the project its final approval in July 2011.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. In September 2013, Swire announced the plans for the site, which include the previously purchased Eastern National 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. The building was originally proposed at, but was later reduced to, at which height it was approved by the FAA.
The project is LEED for Neighborhood Development certified. Among other things, sidewalks are set back from city streets and shielded from traffic by lush plantings. Numerous green features are also incorporated into buildings such as the climate ribbon.

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 with about 45 floors. There is also a proposed tower known as One Brickell City Centre. Its height has been approved by the FAA and it would be the tallest building in Miami. The residential towers were "topped-out" in 2015 and began occupancy in 2016. While no official start date was given for One Brickell City Centre, Swire reported that it would be after the completion of phase one. There is also a plan for a more modest second phase tower known as "North Squared" that would be at SE 6 Street. Similarly to the first three towers, it would be a little over with just under 50 floors, as well as over 700 additional parking spaces than the several as part of the current underground garage. One Brickell City Centre would be the tallest building in Miami by a large margin, beating the under construction Panorama Tower by over, though other supertall buildings have been proposed in Miami.