Categories
Real Estate

Climate Ribbon at Brickell City Centre

Climate Ribbon at Brickell City Centre

Brickell City Centre Climate Ribbon 2

The CLIMATE RIBBON™ featured at Brickell City Centre is a $30 million trellis of steel, fabric and a continuous surface of glass that spans 150,000 square feet.

Acting as a sophisticated environmental management system, the CLIMATE RIBBON protects visitors from inclement weather, captures sea breezes to regulate air flow and temperature, collects rainwater for reuse, and allows visitors to enjoy natural light in an open air experience. The CLIMATE RIBBON is also the flagship sustainability feature for a project demonstrably aware of its environmental responsibilities and beautifully expresses Brickell City Centre’s approach to urban synergy and connection.

CLIMATE RIBBON™ is a trademark of Swire Properties Inc

In order to realize the CLIMATE RIBBON’S™ function as a sophisticated environmental management system, intensive consultation has been conducted between Swire Properties Inc and a multi-disciplinary international team including Hugh Dutton Associés of Paris, Cardiff University of Wales, Carnegie Mellon, alongside the project’s architect, Arquitectonica. A leading German design firm, Gartner, has been enlisted to build the structure.

The primary objective of the CLIMATE RIBBON is to provide the optimal environmental quality for the shopping center. To do this, the CLIMATE RIBBON is designed for three key benefits: ventilation so that air conditioning is not needed in the shopping center’s public places, shelter from inclement weather and solar shading for the hottest times of the day.

Sustainability

Swire Properties’ view of what it means to be truly sustainable and its commitment to sustainability doesn’t get more significant than the unique, CLIMATE RIBBON™.

Brickell City Centre Climate Ribbon

Spanning 150,000 square feet in phase one of the project, the exclusive trellis system is a symbol of sustainability at Brickell City Centre. With a holistic approach to water management and resource conservation, the structure will be equipped with multiple cisterns that will work to collect rain water. The CLIMATE RIBBON is estimated to capture five million gallons of water annually. Storing the captured water above ground eliminates the need for pumping and additional electrical usage when water is distributed. The design also has potential for solar energy harvesting.

Another example of Swire’s commitment to sustainability can be seen in the project’s LEED® registration for Neighborhood Development. Swire Properties aims for LEED® Gold certification for the individual elements of Brickell City Centre, a demanding technical challenge for a project of such size and scope.

A truly sustainable project is one that considers the impact on people’s lives in future years. This ensures a site thrives long term and gives back economic, social and cultural benefits to the communities it serves.

In this area too, Brickell City Centre is characterized by careful planning. It is estimated that Brickell City Centre’s economic impact will be approximately $1 billion: during the build, it will provide 1,700 construction jobs each year and once complete it will provide approximately 3,700 jobs directly, and a further 2,500 indirectly.

Visit Brickell City Centre Webpage

Brickell-City-Centre

Source Swire Properties

Categories
Development Real Estate

Brickell CitiCentre by Swire Properties

Brickell CitiCentre

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.

Hong Kong-based developer Swire Properties broke ground on June 2012 on its massive Brickell CitiCentre project in downtown Miami, in what could be the beginning of substantive westward expansion across South Miami Avenue. The nine-acre, $1.05 billion project is planned to include two office buildings, two residential towers, a hotel, a wellness center, service apartments and 520,000 square feet of retail and entertainment space.

In March, Swire announced $140 million in financing for the project from HSBC Bank. The first phase is expected to be completed before 2015.

“The most important thing out of the many important things with this project is that they have moved progress toward the west,” Miami Mayor Tomas Regalado told The Real Deal. “Miami Avenue was just an imaginary line that developers wouldn’t cross to the west, and what this is doing to West Brickell is making it explode as a potential center for real estate and construction.”

In recent years, some developers have begun crossing the “imaginary line.”

Canada-based Ivanhoe Cambridge’s Mary Brickell Village has become a bustling retail center, and Jorge Perez’ Related Group already has 92 percent of units under reservation for its planned Millecento Residences just a few blocks south on South Miami Avenue.
“[Swire] is going to start construction right now, and this will send a message,” Regalado said. “I promise you that all of this area, in the next two years, is going to be changed.”

The project’s first phase is slated for completion in the first quarter of 2014.

But while CitiCentre represents a shift westward, it’s also a significant sign from the East.
Wednesday’s groundbreaking included a traditional Chinese blessing, a ceremonial beginning to what the city hopes could be increased growth in investment from Asia (which began with Genting’s high-profile purchase of the Miami Herald’s headquarters on Biscayne Bay).

“We hope it’s transformational,” Swire Properties CEO Martin Cubbon said. “We’ve done lots of projects like this in Hong Kong and China, and we feel very confident about this city.”

The distance between East Asia and Miami continues to represent something of a roadblock for investment, he said, but Miami is starting to be perceived as a potential investment target in Asia.

“It’s a long way from Asia, but I think [the perception] is changing,” he said. “When people who know us in Asia see what we’ve done, they’ll take note. People from Beijing and Hong Kong will like Miami — so I think you will see the beginnings of more investment. How much there will be will depend on the opportunity.”

By Alexander Britell
The Real Deal