Domus Brickell Park in Brickell Set to Break Ground in March 2024

February 29, 2024

In the heart of Miami’s bustling Brickell Financial District, a new landmark is set to rise, promising to redefine luxury living and hospitality in the area. Domus Brickell Park, a visionary 12-story condominium development by North Development, a strategic joint venture between Ricardo Dunin’s Oak Capital and Edifica, Peru’s foremost developers and builders, is gearing up to break ground next month, marking a significant milestone in Miami’s real estate landscape.

The project, located at 1611 Southwest 2nd Avenue, has already garnered substantial attention, with over 50% of its 171 residential units sold, including the project’s sole commercial space. What sets Domus Brickell Park apart is its innovative concept of Domus FLATS (Flexible Apartments for Temporary Stays), which seamlessly blends the convenience of luxury hotel amenities with the income potential of rental properties, capturing the imagination of the community and investors alike.

Designed by renowned firms Zyscovich Architects and Urban Robot Associates, Domus Brickell Park promises an unparalleled living experience. Each of the 171 fully-furnished studio, one, and two-bedroom units will exude a sense of home, boasting private balconies, keyless entry, premium appliances, and finishes, including in-unit washers and dryers. The building’s amenities are equally impressive, featuring a 4,200-square-foot central space, café, wine bar, gourmet market, lush garden lounge, gym, steam room, rooftop pool deck, cabanas, hot tub, and a bike share program.

Kurt Kehoe, Founding Partner of North Development, expressed his excitement about the project’s success, emphasizing its transformative impact on the market. “We have reimagined the outdated condo-hotel concept through this new and innovative form,” he remarked. “The overwhelming interest underscores the demand for a fresh approach to luxury living and hospitality.”

With delivery slated for the winter of 2025, units at Domus Brickell Park range from $500,000 to $1.2 million, offering sizes from 330 to 947 square feet. The Domus FLATS model prioritizes operating efficiencies to reduce owner costs, boasting high-level hotel management and services, including 24-hour valet, a reservations platform akin to major hotels and airlines, and the Domus App for seamless check-ins and services, supported by a 24/7 concierge.

Juan Carlos Tassara, cofounder of Edifica, emphasized the uniqueness of Domus FLATS, noting its potential to attract both residents and guests, thereby fostering long-term stability for owners. Domus Management, a subsidiary of North Development, is committed to delivering unparalleled service, drawing on decades of industry experience to ensure consistency, efficiency, and professionalism in the short-term rental process.

In a further testament to its progress, the developer recently finalized a water and sewer agreement with Miami-Dade and appointed Thornton Construction Company Inc. as the general contractor, with MTCI Private Provider serving as the permit expediter.

As Domus Brickell Park prepares to break ground, it signals a new era of luxury living and hospitality in Miami’s Brickell Financial District. With its visionary design, innovative concept, and commitment to excellence, it stands poised to redefine the skyline and elevate the standard of living for its residents and guests alike.