Swire nabs TCO for Rise, Brickell City Centre’s second condo

Project's shopping center and second office tower are last pieces to open

TRD MIAMI /
Sep.September 02, 2016 03:45 PM

Brickell City Centre’s Rise condo tower is now open for business.

Developer Swire Properties announced Friday that it has received a temporary certificate of occupancy for the 43-story tower, which allows buyers to close on their units and move in.

The announcement signals that the residential portions of what is currently Miami’s largest mixed-use development are finished. So far this year, the project’s East, Miami hotel, Three Brickell City Centre office building and Reach condo tower have opened.

Both Reach and Rise have 390 units priced between $595,000 and $2.7 million. According to a second-quarter report from brokerage ISG, Reach is 90 percent sold and Rise is 45 percent sold.

The units are being delivered move-in ready and have access to amenities including an on-site concierge, fitness center, half-acre amenity deck with lap and social pools, plus a 24-hour valet.

Swire now has two major sections of the $1.05 billion development left to complete: the 500,000 square feet of retail space, slated to open in November, and Two Brickell City Centre, the unfinished office tower where co-working giant WeWork just signed a lease. — Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Brickell City Centre’s CMX theater (Credit: Brickell)

Owner of CMX Cinemas files for bankruptcy, hopes to get help from landlords

Owner of CMX Cinemas files for bankruptcy, hopes to get help from landlords
Brickell City Centre (Credit: Wikipedia)

A three-story mini-golf is coming to Brickell City Centre

A three-story mini-golf is coming to Brickell City Centre
From top: Miami Produce Center, Mana Wynwood and Magic City Innovation District

Miami board votes to repeal Special Area Plans

Miami board votes to repeal Special Area Plans
Renderings of Brickell City Centre and Magic City

Miami may be closer to banning Special Area Plans

Miami may be closer to banning Special Area Plans
Janine Yorio

NYC startup to buy Miami condos at a discount and open to investors

NYC startup to buy Miami condos at a discount and open to investors
Daily Digest Miami

54-story Turnberry Ocean Club tops off, Flagler streetscape project to break ground: Daily digest

54-story Turnberry Ocean Club tops off, Flagler streetscape project to break ground: Daily digest
Brickell City Centr

Allegations of employee theft, retaliation and female harassment at Swire: lawsuit

Allegations of employee theft, retaliation and female harassment at Swire: lawsuit
Michael Fay, John Crotty, David Duckworth of Avison Young with 99 Riverside

Miami River site in Brickell hits market, could sell for $90M, broker says

Miami River site in Brickell hits market, could sell for $90M, broker says
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...