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-   -   MIAMI | One Brickell CityCentre | 1,040 FT | 80 FLOORS (https://skyscraperpage.com/forum/showthread.php?t=207566)

chris08876 Oct 28, 2015 8:38 PM

I just hope the market doesn't affect the outcome of this tower. A lot can happen in two years in terms of Miami-Dade real estate. But, best wishes for this one. May the market stay strong! :cheers:

bobdreamz May 18, 2016 12:41 AM

Swire Properties Chief Excited About Future Phases Of Brickell City Centre
 
Swire Properties Chief Excited About Future Phases Of Brickell City Centre
By TNM Staff on May 17, 2016

As Brickell City Centre’s first phase nears completion, the developer of the project is quick to point out that there are “follow on exciting stories” to come in future phases.

At an analyst meeting last week, Swire Properties Chief Executive Guy Bradley wanted investors to know that “there is a phase 2, and potentially future phases.” The next phases are “not small” and “can continue the transformational story.”

The second phase is about 1.4 million square foot, he said. It will include office, residential, hotel and retail space in an 80-story tower.

Bradley said that another potential future phase is a 523,000 square foot condo building, about the same size as the Rise and Reach condo towers that have already been completed.

http://i.imgur.com/hH0xK0d.jpg

from swire’s presentation last week:

http://i.imgur.com/EdxDFkz.jpg

http://www.thenextmiami.com/swire-pr...l-city-centre/

Pics by me March 2016 :

http://i736.photobucket.com/albums/x...psypkmsgnq.jpg
http://i736.photobucket.com/albums/x...psypkmsgnq.jpg

http://i736.photobucket.com/albums/x...psin28d7on.jpg
http://i736.photobucket.com/albums/x...psin28d7on.jpg

^ EAST Hotel & Residences | 157.3m | 516 ft. | 41 stories

http://i736.photobucket.com/albums/x...psh79kqzjq.jpg
http://i736.photobucket.com/albums/x...psh79kqzjq.jpg

^ View to the east on SW 8th. street | Calle' Ocho from left to right is the RISE tower , EAST Hotel & Residences, SLS Lux Brickell U/C , & the twin Brickell Heights towers U/C.

http://i736.photobucket.com/albums/x...pse0jjbtxf.jpghttp://i736.photobucket.com/albums/x...pse0jjbtxf.jpg

^ Metrorail span in the foreground.

http://i736.photobucket.com/albums/x...psp5nvsejg.jpg
http://i736.photobucket.com/albums/x...psp5nvsejg.jpg

^ View from S. Miami Avenue with the pedestrian over pass & the Climate Ribbon above.

http://i736.photobucket.com/albums/x...psdrfi4pxi.jpg
http://i736.photobucket.com/albums/x...psdrfi4pxi.jpg

^ Intersection of SW 8th. Street | Calle Ocho' & S. Miami Ave. with the EAST Hotel on the left & the SLS Lux Brickell U/C (595 ft. | 57 stories) on the right.

The proposed One Brickell Citi Centre tower (1,040 ft.| 317m | 80 stories) will rise just to the left of the street light.

bobdreamz Jun 20, 2016 9:07 PM

Eastern National Bank Vacates Office Building Where Brickell City Centre’s Second Pha
 
By TNM Staff on June 20, 2016

An office building that sits on the future site of One Brickell City Centre has been vacated by Eastern National Bank

Brickell City Centre developer Swire Properties purchased the 197,611 square foot office building from Eastern National in 2011 for just $13.1 million. The bank moved from the building, located at 799 Brickell Plaza, in mid-May.

Next door, Swire also owns the former Miami Today headquarters, which has already been demolished, and another office building currently being used as a sales center for condos at Brickell City Centre. The properties will be combined to become the site of the 1,049 One Brickell City Centre mixed-use tower.

http://www.emporis.com/images/show/6...-southwest.jpg
http://www.emporis.com/images/show/6...-southwest.jpg

chris08876 Jul 4, 2016 1:43 PM

https://c5.staticflickr.com/8/7108/2...651b0caa_h.jpg
Climate Ribbon Brickell City Centre by Phillip Pessar, on Flickr

bobdreamz Mar 17, 2017 11:02 AM

Swire Sees Strong Office Market, Preparing For One Brickell City Centre
 
By TNM Staff on March 16, 2017

Miami’s office market is tightening due to a lack of new supply, Swire Properties CEO Guy Bradley said on an earnings conference call today.

Bradley said that the robust market bodes well for Brickell City Centre’s next phase, an 80-story project called One Brickell City Centre.

About half of the floor area in the new tower will be devoted to office use, according to Bradley, although the company hasn’t yet finalized exact numbers.

Swire still hasn’t decided exactly when they will break ground on One Brickell City Centre, although a presentation lists a 2018 construction date.
Bradley said that the land is ready and that it was just a matter of “pushing the button.”

Although retail in the U.S. is “challenging,” Brickell City Centre is doing relatively well. About 91 percent of space in the mall was leased as of November 2016.

Condo sales remain slow. Swire sold just 4 condo units in the project over the past month.

The company had contracts on 355 units at Reach and 187 units at Rise as of March 14, compared to 353 and 185 on February 9.

http://i.imgur.com/RBmVq3C.jpg

http://www.thenextmiami.com/swire-se...l-city-centre/

chris08876 Apr 4, 2017 10:58 PM

Hotel Will Be At Top Of 80-Story One Brickell City Centre

https://html2-f.scribdassets.com/31d...5972a1a82c.jpg

https://html2-f.scribdassets.com/31d...371a09cebb.jpg

https://html2-f.scribdassets.com/31d...958068ac57.jpg

https://html1-f.scribdassets.com/31d...c92f895c99.jpg

https://html1-f.scribdassets.com/31d...af2184d1e6.jpg

Quote:

Swire Properties gave a presentation to the Miami-Dade Transportation Planning Organization Governing Board at a meeting on March 23.

The presentation included a slide that showed plans for the upcoming 80-story One Brickell City Centre, which is slated to become Miami’s tallest building at 1,049 feet above sea level.

The plans appear to show only a small portion of the project will be retail, on the ground floor. The lower levels will be office, mid levels will be residential, while the top floors will become a hotel.

On March 16, Swire’s CEO told stock analysts that Miami’s office market was strong, which bodes well for the project.
============================
https://www.scribd.com/document/3440...ion#from_embed

Djesus777 Apr 4, 2017 11:07 PM

Interesting, Strong office market when there's a 20% vacancy rate between downtown and Brickell.... Also, Brickell city centre wasn't anything special. Still empty, cheaply made and way too high end.

Yesh222 Apr 6, 2017 8:58 PM

Still waiting for the first of these Miami supertalls in the pipeline to actually break ground. Which comes first?

chris08876 Apr 7, 2017 12:56 AM

Quote:

Originally Posted by Yesh222 (Post 7764824)
Still waiting for the first of these Miami supertalls in the pipeline to actually break ground. Which comes first?

I think CCCC Towers has the best chance to start first.

chris Dec 12, 2017 8:28 PM

It's been a while since we've heard of anything with this tower. Any news? I actually kinda love the simple design of it.

chris08876 Dec 12, 2017 9:29 PM

This will take a while to come into fruition. I'd expect 2022/2023 for completion if and when they start. Assume late 2018 as a hypothetical.

chris Dec 14, 2017 4:31 PM

Quote:

Originally Posted by chris08876 (Post 8016778)
This will take a while to come into fruition. I'd expect 2022/2023 for completion if and when they start. Assume late 2018 as a hypothetical.

Gotcha - what's the hold up? High vacancy for office space?

chris08876 Feb 1, 2018 2:58 AM

At Brickell City Centre, Climate Ribbon Will Be Extended To 80-Story Tower

https://html2-f.scribdassets.com/tse...830484c871.jpg

Quote:

Brickell City Centre’s developers are planning to bring the Climate Ribbon to the second phase of the project.

Paris-based architect Hugh Dutton told the FT that he is now working on plans to extend the ribbon alongside the 80-story tower planned by Swire Properties on Brickell Avenue.

Dutton declared the $30 million first phase of the ribbon to be a success. The canopy lowers temperatures by an average of 7 degrees (Celsius), withstood a hurricane, and the shops underneath are doing well, he said.

The climate ribbon is designed to protect shoppers from sun and rain, harness predictable trade winds off Biscayne Bay to keep them cool, while also collecting rainwater.
=====================
NXT

dave8721 Feb 14, 2018 4:09 PM

Swire still planning on the project but still not set time table:

http://www.miamitodaynews.com/2018/0...ruary-15-2018/
Quote:

CITY CENTRE EXPANDING: A new project looms on the horizon for Brickell. Regina Lacayo, spokesperson for Swire Properties, told Miami Today that the organization continues to work on design and concept plans for the area near its Brickell City Centre. She emailed, “Swire has a long-term commitment to Miami and its sustainable development, evidenced by its plan for the One Brickell City Centre tower. At this time, a plan exists to expand Brickell City Centre with 1BCC, however there is more design work to be completed before more information can be made public.” Tenants in the area, including those at 799 Brickell Plaza, will be impacted and are expected to relocate. No timeline is available for the project.

Dale Feb 14, 2018 7:33 PM

Quote:

Originally Posted by dave8721 (Post 8085277)
Swire still planning on the project but still not set time table:

http://www.miamitodaynews.com/2018/0...ruary-15-2018/

Sounds like they're serious though. Wouldn't be surprised if they sprung it on us.

chris08876 Feb 15, 2018 1:38 AM

Lets hope. I recall reading somewhere that they expect DT Miami to double in size and population. The core is really bustling.

dave8721 Feb 15, 2018 3:53 AM

Quote:

Originally Posted by Dale (Post 8085590)
Sounds like they're serious though. Wouldn't be surprised if they sprung it on us.

Of all the super tall Miami proposals, this is the one I have the most confidence in eventually getting built.

chris08876 Feb 22, 2018 2:41 AM

Brickell CityCentre continues to expand...

= = = = = = =


Swire partners with Carlos Mattos to develop site next to Brickell City Centre

Quote:

Swire Properties is making moves again in Brickell.

Swire is partnering with Colombian businessman Carlos Mattos to jointly develop the property at 650 South Miami Avenue, a spokesperson told The Real Deal. The developers are planning a residential project on the former Tobacco Road site.

Mattos made his money with Hyundai Colombia Automotriz, a car import and distribution company he founded in his home country. His company Isanic Trading will co-develop the 72,000-square-foot plot of land, planned to be an extension of Brickell City Centre.

Property records reveal Tobacco Road Property Holdings LLC paid a combined $15.44 million for the majority of the assemblage, nine adjacent properties at 11, 21, 31, 37, 45 and 55 Southwest Seventh Street and 622, 626 and 640 South Miami Avenue in 2012. Swire affiliate BCC Road Improvement LLC paid $4.7 million for the roughly 15,000-square-foot corner piece at 602 South Miami Avenue in 2014.

The Tobacco Road entity is controlled by attorney Richard G. Toledo with an address tied to Mattos, who owns more land a block away. The popular Tobacco Road, which was home to Miami’s oldest liquor license, closed in 2014. The River Seafood Oyster Bar is still open.

The Mattos-Swire development, on the northeast side of Brickell City Centre, would likely be built during Miami’s next condo cycle.
=======================
TRD

TonyL Feb 24, 2018 3:16 PM

I was under the impression this had been approved.

chris08876 Feb 24, 2018 3:29 PM

It was approved by the FAA. The article above is pertaining to an expansion on an adjacent property. Not related to the Phase III super tall.

chris Mar 18, 2018 6:04 PM

Have they found an anchor tenant for this building yet?

chris08876 May 3, 2018 12:21 PM

ISG takes over sales at Brickell City Centre from Fortune and One Sotheby’s

Quote:

ISG is taking over the remaining condo sales at Brickell City Centre on Tuesday from Fortune International Realty and One Sotheby’s International Realty, The Real Deal has learned.

Swire Properties had issued a request for proposals for one brokerage to handle sales and marketing of the remaining 200 units at Reach and Rise, the 760-unit condo component of Brickell City Centre, sources said.

ISG co-founder and principal Craig Studnicky confirmed it won the bid. “Swire made a decision around six months or so ago that they only wanted one company to take over,” Studnicky said. “[Fortune and One Sotheby’s] didn’t do it as a joint venture; they were competing against each other.”

Maile Aguila, senior vice president of residential sales for Swire, said late last year that she divided buyers and leads evenly between Fortune and One Sotheby’s. The sales team had also been cut in half to about a half dozen agents. Aguila could not immediately be reached for comment.

[...]

Aguila said in December that Swire won’t launch Brickell City Centre’s second phase — including hiring a brokerage — until Reach and Rise are sold out. The first phase of Brickell City Centre includes the completed 500,000-square-foot shopping center, office building and the 40-story East, Miami hotel.
====================
TRD

Urbannizer Jul 23, 2018 9:40 PM

One Brickell City Centre Still In Design, Because It’s ‘Complicated’

Quote:

Swire Properties still hasn’t finalized plans for One Brickell City Centre, which could become the tallest tower in Miami at 1,049 feet.

In an interview with the SFBJ, Swire president Kieran Bowers said the 80-story tower remained in the design phase, because it is a complicated project.

Earlier this month, Bower told the Herald that “the timing is not there yet” for One Brickell City Centre. “We’ve continued to evolve the design for stacked retail and residential. We know there is very little margin of error,” he said.

Dale Jul 23, 2018 11:53 PM

Translation: not happening soon.

chris Jul 24, 2018 1:10 AM

Quote:

Originally Posted by Dale (Post 8259515)
Translation: not happening soon.

Bingo.

And it may never happen. All it takes to derail this would be a recession or economic slowdown in the next 2-3 years. The window to build these supertalls is closing fast.

chris Jul 24, 2018 1:14 AM

One tower has a greater chance of being built: One Bayfront or One Brickell?

dave8721 Jul 24, 2018 1:59 PM

Quote:

Originally Posted by chris (Post 8259620)
One tower has a greater chance of being built: One Bayfront or One Brickell?

Overall I would say One Brickell City Center (One Brickell is actually a separate project). Just not sure when.

Dale Jul 24, 2018 2:29 PM

Maybe Tibor will surprise us. After all, he's the reigning tallest.

chris08876 Jul 24, 2018 5:48 PM

I'll go with Brickell City Center. Although the developer is optimistic about a 2019 u/c launch of Bayfront, I think City Centre is more feasible due to its functionality. Optimism can be a good sign, but its not the lead indicator. I think City Centre will have much better odds financially and money along with lower risk is what gets things u/c.

chris Nov 30, 2018 4:58 AM

OK - so any updates on this proposed tower? Any news?

JMKeynes May 25, 2019 1:22 PM

I love Miami, and I keep reading that it’s real estate market is the best in America. Thus, I was curious if there’s any news about this project or if it’s effectively dead.

Hudson11 May 25, 2019 2:51 PM

I don't think Miami has a strong office market. All of the demand has been residential and hotel. Odd, considering Miami is one of the USA's best transit cities. Oko Group is building a tall office skyscraper so I expect that to be the only major office development this cycle.

chris08876 May 25, 2019 4:08 PM

^^^^

With the office market, its why a lot of developments have been mixed used with a ratio of either condos/rentals and office (tends to be in range of 100-250k sq-ft on average), and retail. Condos/Rentals (market rate) are a bulk of newer developments.

Certain developments in the past have been purely office, but have since in the last 2 years been designed to include residential functionality to help chances of making financial sense.

chris08876 May 25, 2019 4:11 PM

Quote:

Originally Posted by Hudson11 (Post 8584237)
I don't think Miami has a strong office market. All of the demand has been residential and hotel. Odd, considering Miami is one of the USA's best transit cities. Oko Group is building a tall office skyscraper so I expect that to be the only major office development this cycle.

Its not dead, but long term. Similar to certain developers putting towers on hold until the market is right, I think this will follow suit.

chris08876 Jun 20, 2019 2:01 AM

80-FLOOR ONE BRICKELL CITY CENTRE GETS FAA APPROVAL AT 1,049 FEET (AGAIN)

http://i.imgur.com/q5VNyYV.jpg

Quote:

The Federal Aviation Administration has once again granted approval for the 80-story One Brickell City Centre supertall tower to be built at 1,040 feet above ground, or 1,049 feet above sea level.

Developer Swire Properties has until December 2020 to break ground or the approval will expire. The developer can also apply for extensions, likely until 2022 at the latest.

A previous approval for the same height was applied for in 2013 and approved in 2015, but expired in 2018.

A second application was filed for in March 2018, following expiration of the first. Review took about 18 months and was granted on June 15.

===========
NXT

JMKeynes Jun 20, 2019 2:13 AM

Me gusta esta ciudad!

chris Jun 21, 2019 7:44 PM

Quote:

Originally Posted by chris08876 (Post 8610698)
80-FLOOR ONE BRICKELL CITY CENTRE GETS FAA APPROVAL AT 1,049 FEET (AGAIN)

http://i.imgur.com/q5VNyYV.jpg


===========
NXT

This is good. I guess, technically, this project is still alive.

chris08876 Jun 21, 2019 8:23 PM

^^^^

Long term Chris, long term. I think this will rise, but its one that we just have to wait. When the time is right. Sometimes, large scale projects can take 10+ years from time of conception to fruition. Won't be the 1st, won't be the last.

But Miami is on the right track for the next 3 quarters of 2019. 10 towers alone 500+ ft are slated to rise via construction start, with I believe two new tallest(s). 2 Over 820 ft alone! :cheers:

chris08876 Aug 13, 2019 12:04 AM

BRICKELL CITY CENTRE’S FIRST PHASE SHOULD HAVE HAD MORE OFFICE SPACE, SWIRE CEO SAYS

Quote:

Brickell City Centre’s office space is 100% full, and the CEO of developer Swire Properties said he would like to have more of the space to lease.

“I kind of wish we had built more office” Swire chief Guy Bradley told investors in Hong Kong last week, referring to Brickell City Centre.

Bradley added that phase two of Brickell City Centre would include an office component. No update on a construction timeline was provided, however.

The office market in Miami is now very favorable to landlords, he said. A company presentation last week also said the Miami retail market is seeing growing sales and steady demand.

Swire’s presentation said that the One Brickell City Centre supertall tower would include a total of 1.96 million square feet of gross floor area.

The tenant quality now in place at the first phase of Brickell City Centre is extremely good quality, in both the shopping mall and office buildings, Bradley said.

The mall is nicely positioned for the future, Bradley added. Retail space has now reached 90% leased and sales at the mall are continuing to grow.

Condo sales are moving at a “reasonably slow” pace compared to the hot Miami residential market of 2014, Bradley said. Weakness in Latin America continues to affect Miami, but the Reach condo is now nearly sold out and Rise is now around three quarters sold, Bradley added.
==============
NXT

JMKeynes Aug 13, 2019 10:54 AM

Is there any chance that this will start soon?

Dale Aug 13, 2019 11:57 AM

Quote:

Originally Posted by JMKeynes (Post 8656688)
Is there any chance that this will start soon?

I think the 890’ Okan still hasn’t gotten out of the ground.

chris Aug 23, 2019 1:00 AM

Quote:

Originally Posted by Dale (Post 8656702)
I think the 890’ Okan still hasn’t gotten out of the ground.

As per previous comments, this is a long-term project.

chris08876 Feb 28, 2020 3:43 AM

Furthering the notion of long term...

The red comments... in other words, cutting the bs out and to the point... this isn't rising for a while. Something to keep on the back burner. At least on the bright side, a lot of developments coming soon residential wise.


= = = =


Brickell City Centre to build fire station, weighs expansions

Quote:

[...]


Entering 2020, Swire is continuing to watch the market before commencing its next construction phase.

With more than 30 years in South Florida, Swire understands the market and is always prepared for the build-cycle as it winds up and down, Mr. Bowers said.

“We are currently working on the sellout of the two premier residential towers – Reach and Rise. As the market matures, Swire will continue to increase its footprint in the neighborhood with the development of an extensive land bank we have in the area with approved plans.

“Swire’s priority is ensuring we are being both innovative and ambitious in our latest designs so that we are ready to launch new developments when the market is there,” he wrote.

Since September, Swire has continued to evolve its plans and designs for Brickell City Centre’s next phase.

Within its current phase, he said, Swire has welcomed an exciting mix of experience-driven concepts to the shopping center.

[...]
=======================
https://www.miamitodaynews.com/2020/...hs-expansions/

Hudson11 Feb 28, 2020 3:44 AM

translation: "Damn! Those bastards at 830 Brickell are putting up an office tower! That was supposed to be our thing!"

chris08876 Feb 28, 2020 3:46 AM

:haha:

Yeah a little too late on their part. Swire tends to be very risk focused, but I think sometimes, a little risk would do them good. Yeah its nice they are waiting for the right moment, but others are taking a stab at it, and making a profit. They can't be too too late to the game otherwise the party is over.

chris Feb 28, 2020 10:06 PM

Quote:

Originally Posted by chris08876 (Post 8845097)
:haha:

Yeah a little too late on their part. Swire tends to be very risk focused, but I think sometimes, a little risk would do them good. Yeah its nice they are waiting for the right moment, but others are taking a stab at it, and making a profit. They can't be too too late to the game otherwise the party is over.

The right moment is going to a be a long, long time from now.

chris Feb 28, 2020 10:07 PM

Quote:

Originally Posted by Hudson11 (Post 8845096)
translation: "Damn! Those bastards at 830 Brickell are putting up an office tower! That was supposed to be our thing!"

Speaking of 830 Brickell, how's that coming along?

Hudson11 Feb 28, 2020 11:34 PM

Quote:

Originally Posted by chris (Post 8845911)
Speaking of 830 Brickell, how's that coming along?

last I checked they were working on the foundations. I think wework was the anchor though so things might not be kosher.

Zapatan Feb 29, 2020 5:31 PM

Didn't realize this was still active. This would be incredible :)

chris08876 Feb 29, 2020 8:00 PM

Quote:

Originally Posted by chris (Post 8845911)
Speaking of 830 Brickell, how's that coming along?

Really well. Its u/c.


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