Sunday, June 22, 2014

Brickell CitiCentre Condo Sales Begin

brickell-citi-centre
It is official – Brickell CitiCentre has launched its condo sales with one-bedroom units starting at about $500K. Slated to be completed by the end of 2015, Swire’s plans indicate that the first of two towers, dubbed Reach Brickell CiteCentre, will consist of 43 stories housing 383 one, two, and three-bedroom residences along with penthouse units. 

Brickell CitiCentre Overview
We introduced Brickell CitiCentre over a year ago with the details that had been announced at that time.  Brickell City Centre is a $1.05 billion mixed-use development situated in the Brickell financial district.  The plans indicate that the entire project will spread across more than nine acres to bring an entirely new edge to urban living in Miami.  The complex plans are comprised of over five million square feet of space that incorporates office, residential, hotel retail and entertainment.  On top of that, there are two levels of underground property that cover seven acres below the entire development. 

brickell-citi-centre
Reach Brickell CitiCentre Amenities
The interiors of the 43-story condominium are under the design of Richardson Sadeki whose portfolio includes MGM Mirage, Viceroy and others.  In addition to sitting atop a luxury shopping center, the LEED certified building plans to have an elaborate half-acre deck with outdoor grilling, fitness and children’s play areas as well as a state of the art fitness center with group fitness studios and a view-able children’s area incorporated with the latest technology, on-site concierge, state-of the-art Wi-Fi throughout the common areas and more. 

In terms of the residence features, homeowners can expect nothing but the most up-to-date amenities in their homes.  The homes will have floor to ceiling windows that showcase amazing views of Miami; large kitchens with quartz counter tops, Italian cabinetry, and high-end stainless steel appliances; open living areas, over-sized bedrooms with walk-in closets; and more.  Ceiling heights will range from just over nine feet to over 12 feet in penthouse residences.  With pre-construction sales, homeowners will have several feature options from which to choose when designing their residences.  Penthouse residences will feature upgrades and beautiful outdoor areas some of which may have outdoor spas and pools. 
brickell-citi-centre

Reach Brickell CitiCentre Real Estate
As we said, Reach Tower is going to be a 43-story condominium with 383 units housing one, two, and three-bedroom units along with seven penthouse residences.  The twelve floor plans offer square footage that range from just under 1,000 square feet for one-bedroom units to over 2,700 square feet for three-bedroom tower suite residences (not including penthouses).  List prices start at about $495K for one-bedroom residences to almost $2 million for tower suites. Following are the starting list prices at Reach Brickell CitiCentre:


Line #

Type
Square Feet
List
Price
Price/
SF

View
05
1 Bed/1.5 Bath
965
$535,000
$554
East
06
1 Bed/1.5 Bath
871
$490,000
$565
West
08
1 Bed/1.5 Bath
1,040
$545,000
$524
West






10
2 Bed/2 Bath
1,307
$700,000
$535
West






01
2 Bed/2.5 Bath + Den
1,385
$795,000
$575
SE Corner
02
2 Bed/2.5 Bath + Den
1,386
$775,000
$559
SW Corner
07
2 Bed/2.5 Bath + Den
1,392
$735,000
$528
E
11
2 Bed/2.5 Bath + Den
1,386
$785,000
$566
NE Corner
12
2 Bed/2.5 Bath + Den
1,386
$765,000
$552
SE Corner
09
2 Bed/2.5 Bath + Den
1,490
$825,000
$553
SE Corner






03
3 Bed/3.5 Bath + Den
2,083
$1,250,000
$607
East
04
3 Bed/3.5 Bath + Den
1,799
$1,100,000
$617
West
Tower Suite
3 Bed/3.5 Bath + Den
2,740
$1,999,900
$729
North & South

As for the pre-construction sales, the following payment structure has been laid out:
  • 20% at Contract
  • 15% at 120 Days from Contract
  • 15% at 240 Days from Contract
  • 50% at Completion (Tentatively Slated for the end of 2015)

Cutting-Edge, Urban Design

Brickell CitiCentre is a cutting-edge, urban design that is different from anything in Miami.  As the development continues to unfold, more and more potential buyers are definitely going to take a more serious look at Reach Tower.  If you have any questions, let us know.

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