Tag Archives: brickell financial district

One Brickell City Centre Rendering

Supertall Tower One Brickell City Centre Breaks Ground

One Brickell City Centre

Miami’s first ever supertall office tower just broke ground in Brickell.

The groundbreaking includes the demolition of a parking structure that is currently on the site. Major Suarez, representatives from Swire and Related were in attendance.

Project approval came in September 2022 after city commissioners voted unanimously on the 1,049 foot One Brickell City Centre. The 80 story tower will be crowned the largest building ever building in the city of Miami

The skyscraper will be connected to Brickell City Centre, which was built by Swire Properties and has over 500,000 SF of retail, eating, and entertainment space, and will be situated at 700 Brickell Avenue and 799 Brickell Plaza. The project will feature 1.6 million square feet of office space.

The news represents strength and expansion for the Miami office market, which continues to draw major financial and technological firms from high-tax areas like New York and California.

Swire Properties and Related are listed as the developers for this project.

One Brickell City Centre Rendering
830 Brickell Tops Off

830 Brickell Tops off Construction in Miami’s Financial District

830 Brickell Top Off

As it nears completion later this year, Civic Construction has topped off 830 Brickell, Miami’s first Class A office tower to be constructed in the urban core in more than ten years, at 55 floors (724 feet tall).

In addition, 830 Brickell is the only Class A office tower being constructed in Miami’s Financial District at a time when national and international businesses are relocating and developing there. It was developed by OKO Group and Cain International.

Microsoft, Blackstone, Thoma Bravo, A-CAP, CI Financial Corp., Marsh Insurance, AerCap, and WeWork are just a few of the prestigious tenants that have signed leases on the 640,000 square foot office skyscraper, which is already more than 60% leased. One of the biggest airplane leasing firms in the world, AerCap, obtained a 20,000 square foot lease in February and will be moving its new offices to the entire 50th floor.

An investment company from Canada called CI Financial stated a month earlier that it would quadruple the size of its lease at 830 Brickell, increasing it from the previous 20,000 square feet to around 40,000 square feet for its American headquarters.

To house its Latin American regional team, Microsoft inked a lease for 50,000 square feet in September. Private equity firm Thoma Bravo also negotiated a lease for 50,000 square feet, beginning in the spring of 2021.

In Miami, where the city’s business-friendly atmosphere, quick population expansion, and appealing climate are promoting office investment and development, 830 Brickell is currently the largest office skyscraper under construction. As of June, the active pipeline consisted of nearly 2.4 million square feet of office space spread over 18 sites, according to data from CommercialEdge. The Brickell submarket and central business district saw the most of the construction.

In Miami, where the city’s business-friendly atmosphere, quick population expansion, and appealing climate are promoting office investment and development, 830 Brickell is currently the largest office skyscraper under construction. As of June, the active pipeline consisted of nearly 2.4 million square feet of office space spread over 18 sites, according to data from CommercialEdge. The Brickell submarket and central business district saw the most of the construction.

In a prepared statement, Vlad Doronin, chairman and chief executive officer of OKO Group, stated that 830 Brickell is meeting the needs of prestigious users from all over the world who are drawn to the tower’s new quality of construction, technology, and design-led services.

The $300 million construction loan from MSD Capital, secured in 2019, was used to fund the project, which was created by Adrian Smith + Gordon Gill Architecture. Once the COVID-19 pandemic started in 2020, building plans were modified to include the most recent health standards for heating, ventilation, and air conditioning systems, as well as contactless entrance and exit technologies. Construction started that year.

The property, which will be near the intersection of Brickell Plaza and SE 9th Street, will feature sweeping views of both the city and Biscayne Bay. Iosa Ghini Associati, an Italian architecture and design firm, is creating the interiors of the tower.

Building Amenities:

  • Rooftop bar/lounge
  • Fine dinning restaurant
  • Health and wellness center
  • Conferencing facilities
  • Outdoor terrace
  • Cafes
  • Street level retail

The Metrorail and Metromover, the Brightline, walking and cycling trails, and bay access points are just a few of the close transportation alternatives. Design District, Wynwood, Edgewater, and Miami Beach are just a few of the best residential and lifestyle neighborhoods in Miami that are close by.

830 Brickell Top Off Construction in Brickell
830 Brickell Top Off Construction
AC Hotel Opens in Brickell

Marriott and Westin Open a Dual-Branded Hotel in Brickell

AC Hotel Opens in Brickell
Rendering for AC Hotel in Brickell

In Miami’s Brickell Financial District, a dual-branded hotel with considerable commercial space has opened. Robert Finvarb Cos. and Tony Cho recently finished the AC Hotel by Marriott and Westin located in the heart of Brickell at 115 S.W. Eight Street.

The AC Hotel totals 264 rooms with 156 inspired by the Marriott and 108 rooms by the Westin that caters to longer-term guests. Also included in the hotel are 22,500 square feet of ground-floor retail, and 4,600 square feet of meeting space. Rosa Sky is the bar located on the rooftop.

Amenities:

  • Pool
  • Bar in lobby
  • Fitness Center
  • Ground floor retail
  • Meeting space
  • Rooftop lounge

Robert Finvarb, CEO of the Finvarb Cos stated, “We believe our dual-brand property and Rosa Sky concept will fit in well with this market, offering an enhanced guest experience.”

The ground-floor retail space is currently under contract with Metro 1. Other tenants include a speakeasy piano bar Il Piano, Silver Mirror, La Suiza Bakehouse, and Toro restaurant.

Arquitectonica designed the hotel and John Moriarty & Associates of Florida was the general contractor. AC Hotel is just one block west of Brickell City Center and the Brickell Metrorail Station. AC Hotels currently have 107 locations in North America, 12 in Central America, 90 in Europe, and 6 in Asia.