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Brickell Heights tops off at 96 percent sold

A rendering of Brickell Heights
A rendering of Brickell Heights

Brickell Heights has reached new heights – and topped off.

The two-tower project is 96 percent sold, and the Related Group expects to sell out within the next two months, Related announced on Tuesday. 

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Crews will begin working on the interiors of the project’s three-story Equinox fitness center and SoulCycle studio. Included with the purchase of a unit is a one-year membership to Equinox. Capital One’s cafe concept, by Peet’s Coffee, will also open in a 6,375-square-foot space designed by New York-based Rockwell Group. Rockwell is also handling Brickell Heights’ public spaces.

The 690-unit, mixed-use development will be completed early next year, according to a press release. In January, Related offered its real estate agents 10 percent commissions at Brickell Heights and the adjacent SLS Lux. That followed a drop in deposit requirements last fall from the standard 50 percent to 30 percent.

Brickell Heights, at 850 Miami Avenue, secured a $160.5 million construction loan about a year ago. Fortune International Group is handling the sales and marketing. – Katherine Kallergis

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