The Related Group announces Pre-construction Sales for 1100 Millecento Residences

March 20, 2012

The Related Group has formally announced plans to develop a 42-story tower called 1100 Millecento Residences.  The 382-unit development will be located in Brickell at 1100 South Miami Avenue, just steps from Mary Brickell Village and the upcoming 4 million square foot Brickell Citicentre.  Carlos Ott, an internationally recognized architect who designed Jade Beach and Jade Ocean, will be the architect of 1100 Millecento Residences.  The interiors will be done by Pininfarina, the legendary designers behind the avant-garde designs of Ferrari, Maserati and Rolls-Royce.  Amenities at 1100 Millecento Residences include a 9th floor elevated pool deck with a club room, state-of-the-art fitness center, private theater and 42nd floor rooftop infinity pool with private cabanas.

The building will feature studios, 1 bedrooms, 1 bedroom + den units and 2 bedrooms.  Reservations are now being accepted with the following price ranges in mind:

• Studios from $226,000-$290,000
• One Bedrooms from $286,000-$390,000
• One Bedroom + Den units from $326,000-$440,000
• Two Bedrooms/1 Bath units from $347,000-$490,000
• Two Bedrooms/2 Bath units from $397,000-$550,000
• Two Bedrooms/2 Bath + den units from $415,000-$550,000

The deposit structure for 1100 Millecento Residences is as follows:

• 10% of purchase price at reservation
• 10% of purchase price at contract (expected to be in June 2012)
• 15% of purchase price at groundbreaking (expected to be at the end of 2012)
• 15% of purchase price at top-off (expected to be at the end of 2013)
• Balance due at closing (expected to be at the end of 2014)

Contact us if you have any questions about 1100 Millecento Residences or if you would to reserve a unit.