Brickell just South of Downtown Miami has been desirable area for property investment since the 1980s, attracting a cosmopolitan clientele of both expats and native Floridians. Close to the financial district and an abundant selection of high quality bars and restaurants, the neighbourhood has a classy, high-end ambience.
The development of Brickell from deserted brownfield wasteland into today’s sophisticated neighbourhood has been a terrific success and some of the key architects of that transformation have new plans to further enrich the area.
This week The Miami Herald has reported on exciting plans for a 4.6 million square foot mixed-use project that is set to revitalise Brickell and its neighbouring areas. The Brickell CitiCentre development is set to contain residential, commercial and a mix of luxury to moderate retail units and is estimated to generate $1bn in overall economic impact, including thousands of additional jobs being generated in the area, according to a study by Miami Economic Associates.
The Mayor of Miami, Tomás Regalado, is understood to be a strong supporter of the scheme. “This is a huge complex that will bring to Brickell Avenue, downtown Miami and East Little Havana an energy it has never, ever seen before,” said Regalado, who will take the nontraditional step of presenting a developer’s project to the City Commission. “I think it needs to carry the clout of the office of the mayor to send a message that this is a huge project for the city of Miami.”
The development would be large-scale, phased over a time period of ten years and starting as soon as December 2011.
Exciting plans, indeed, Brickell could well be the very hottest place to be in Florida soon! Contact Kelly now if you want to grab your piece of the action!
www.BritishMiamiRealtor.com
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment