Brickell Citicentre

Brickell CitiCentre

Brickell CitiCentre is a $1.05 billion mixed-use development. Strategically located in the center of the Brickell financial district, this is the single largest project currently underway in downtown Miami. Brickell CitiCentre is anticipated to bring a whole new level of urban living and sophistication to the area.

The highlights of the project will include:

  • 9.1 acres along South Miami Avenue between Eighth Street and Sixth Street
  • 5.4 million square feet of office, residential, hotel, retail and entertainment space, in addition to a two-level underground parking garage that spans seven acres below the property
  • An environmentally progressive Climate RibbonTM architectural feature that will provide innovative climate control so shoppers can walk in comfort between stores and restaurants
  • Incorporates key transportation centers with the Miami Metromover while offering easy access to Interstate 95.

New York City has Rockefeller Center. San Francisco boasts the Embarcardero Center. Now, Miami could have its version of a vibrant urban gathering place called Brickell CitiCentre

Project statistics

520,000 square-foot shopping center
120,000 square feet of office space
120,000 square-foot wellness center
800 condominiums in two towers
243 hotel rooms
93 serviced apartments
3,100 parking spaces

An environmentally sophisticated and innovative Climate RibbonTM architectural feature that will provide active and positive climate control

Economic Impact

  • Approximately $1 billion in overall economic impact
  • Approximately 1,700 construction jobs on average per year for four years
  • Approximately 3,700 direct jobs and 2,500 indirect jobs after construction completion
  • $5.4 million in ad valorem taxes for the City of Miami
  • $1 million in annual revenue from parking surcharges for the City of Miami
  • $6.1 million in permit and impact fees for the City of Miami
  • $9.6 million annually in ad valorem taxes from Miami Dade County
  • $1.2 impact fees for Miami Dade County
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    Bal Harbour Shops to become partner in Brickell Citicentre

    When Brickell CitiCentre opens in 2015, South Florida’s luxury seekers will be dealing with a familiar retail company. The owners of the Bal Harbour Shops are joining forces with Swire Properties on the project.

    The moves are a dramatic sign of the shifts in Miami’s luxury retail market, a segment the Bal Harbour Shops have controlled since 1965. With Miami’s ascent as a fashion market, retailers have insisted that one store is not enough. The change was underscored last year with the arrival of brands like Louis Vuitton and Prada in the Miami Design District, which is poised to become Miami’s version of SoHo.

    Read more: Owners of Bal Harbour Shops become partner in Brickell CitiCentre

     

    The Condo Residences at Brickell Citicentre

    The long waited condo residences at Brickell Citicetre are yet to be released, although the project is still in the works of its foundation and underground parking; inventory and pre construction sales should start soon. Keep posted as this page will be updated with new information as soon as it becomes available.

     

    About Swire

    For more than 40 years, Swire Properties has built projects that have transformed neighborhoods and city centers throughout the world into vibrant places where people live, work and play. Closer to home, we are proud of a 30-year successful track record in Miami demonstrated by our development of Brickell Key. Swire continues to confirm our confidence in Miami with development of Brickell CitiCentre.

    A global company, Swire Properties Inc is the U.S.real estate subsidiary of the publicly listed Swire Pacific Holdings Ltd based in Hong Kong. Whether in Hong Kong, China or Miami, our ability to develop world-class mixed-use projects creates destinations and builds value for the communities around them.

    Source:Brickell CitiCentre