The Real Deal Miami

TSG Paragon nabs TCO for Cassa Brickell

Asking prices for the remaining units range from $450k to nearly $1.5M

October 14, 2016 01:40PM
By Katherine Kallergis

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Cassa Brickell (Inset: Camilo Lopez and Jorge Escobar)

Cassa Brickell (Inset: Camilo Lopez and Jorge Escobar)

TSG Paragon Development received its temporary certificate of occupancy for Cassa Brickell. 

The 80-unit, 10-story building celebrated with a grand opening party Thursday evening. The project is 85 percent sold to buyers from France, Italy, Israel, New York, Chile, Argentina, Mexico, Venezuela and Colombia, Camilo Lopez, CEO and managing partner, told The Real Deal.

Asking prices for the remaining 12 units range from $450,000 to nearly $1.5 million, including three penthouses. The development, at 201 Southwest 17th Road, is southwest of Brickell’s financial district, near new buildings that include Atton Brickell Miami and Le Parc.

Construction for Cassa Brickell took about 22 months. Lopez and managing partner Jorge Escobar said most will be full-time residents with closings set to begin next week and move-ins in November.

The condo building was designed by architect Carlos Ponce de Leon and includes a rooftop pool deck, vegetable garden and fitness center.  In addition to its seven penthouses, two-story townhouse and condo units, the project also features three “airhouse units” with open terraces.

Units feature Italian kitchens, Bosch appliances, designer fixtures and faucets, and terraces.

TSG is also working on Ofizzina, which broke ground this week. The company sold its Cassa brand for a project in Coconut Grove, Cassa Grove. Lopez told TRD that TSG is not involved with that development.