Posted Feb 6, 2021, 4:59 AM
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Registered User
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Join Date: Jul 2005
Location: Miami
Posts: 4,044
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Signs of life
https://therealdeal.com/miami/2021/0...e-development/
Quote:
Related to partner with Baccarat on major Brickell high-rise development
Multi-tower project would have up to 1,400 resi units, hotel, office and retail
The Related Group is planning a Baccarat-branded three-tower development in Brickell with up to 1,400 residential units, The Real Deal has learned.
The Miami-based developer would build the high-rise project on the property at 444 Brickell Avenue, where it previously planned to build One Brickell, according to marketing materials obtained by TRD.
Related, the largest condo developer in the Miami area based on the number of units it has built, is typically the first to launch in a new cycle. Despite the pandemic, a handful of developers are working on plans for large projects, fueled in part by the huge surge in single-family home sales in recent months, which has started to spill over into high-end condos.
Related’s mixed-use luxury condo project would be managed by Baccarat Hotel and would include 57-story, 77-story and 82-story towers with hotel, office and retail components. Units would range from one to four bedrooms, and the project would include a fitness center, business center, pool and riverfront promenade, according to marketing materials.
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