Two of the Country’s Leading Real Estate Development Firms Collaborate on an approximately 1,000-foot Class A Office Tower on Brickell Avenue as Demand Increases for Commercial Space in Miami
MIAMI - June 15, 2022 – Swire Properties Inc., the US real estate arm of the Hong-Kong listed multinational corporation, and Related Companies, the most prominent privately-owned real estate firm in the United States, today unveiled One Brickell City Centre, an approximately 1,000 foot supertower that is the tallest commercial tower in Florida. Located in the heart of Miami’s financial district on Brickell Avenue it is designed by internationally renowned architecture firm Arquitectonica. The Class A office building is the second phase of Brickell City Centre, a $1.05-billion, 4.9-million-square-foot, mixed‐use development that opened in 2016 and was developed by Swire Properties Inc.
One Brickell City Centre will encompass 1.6 million total square feet of office space and feature the largest floorplates in Miami for a Class A office building. It is designed with the modern office in mind and is ideal for tenants in Miami’s fastest growing sectors including financial services and technology. It features thoughtfully envisioned and spacious floor plans, outdoor terraces on every floor, column free interiors, numerous indoor/outdoor spaces for meetings and gatherings, state-of-the-art technology features throughout each floor and convenient access to Brickell City Centre’s 500,000 square feet of shopping, culinary and entertainment offerings.
“One Brickell City Centre solidifies Swire Properties and Related Companies’ belief in the future of the Miami real estate market. This monumental structure, which will be the tallest commercial building in Florida, brings an exceptional level of commercial space that the market has yet to see. As the city continues to evolve to become a global hub of commerce, finance and technology, One Brickell City Centre will play an important role in attracting exceptional companies that want to make Miami their home,” said Kieran Bowers, president of Swire Properties Inc.
“This is a groundbreaking partnership between Related Companies and Swire that will result in a truly world-class commercial office building in the heart of Miami. The leading companies demand commercial office space that fits their needs with the best finishes, amenities, flexibility, and service – and we’re proud to bring that level of development to Miami. Skyline and neighborhood defining projects are what set our companies apart and together we look forward to delivering the best office building in Miami’s history,” said Stephen M. Ross Chairman and Founder Related Companies.
One Brickell City Centre marks the first time Swire Properties has collaborated with Related Companies, which is led by Stephen M. Ross. Both companies share a vision for creating vibrant neighborhoods that change the urban landscape with innovative developments that positively impact communities for generations to come. Both firms deliver exceptional and purposeful projects with integrity, keen eye for originality and high-quality design, that also keep the community and stakeholders at the heart of their decisions.
Related Companies has extensive experience in Florida and has redeveloped Downtown West Palm into one of the nation’s fastest growing commercial, retail, culinary, art and tourism destinations. Related Southeast leads the market in Class A office with 360 Rosemary, CityPlace Tower, Esperanté, Phillips Point and the forthcoming 1 Flagler, as well as the celebrated destinations of Rosemary Square, Hilton West Palm Beach, and RH West Palm. Swire Properties has spearheaded the transformation of Miami as well as Brickell’s history and skyline by instilling its core values of quality and sustainability to each of its development which include Brickell City Centre, the Mandarin Oriental Hotel, East Miami hotel and restaurants, as well as the entire island community Brickell Key.
Construction for One Brickell City Centre is slated to begin in 2023. The building will soar above Brickell Avenue and overlooks the Miami skyline offering 360-degree views of the ocean, Miami River, and Downtown Miami. It is situated at the entrance point to the Brickell City Centre which is LEED Gold Certified and includes: 500,000 square feet of shopping, culinary and entertainment offerings; the 352 key East Miami hotel; the condominium towers Reach & Rise; two additional office towers providing 260,000 square feet of space; the $30 million sustainability system Climate Ribbon; and 2,600-space underground parking garage. It is accessed directly off the I-95 from SW 8th and is in close proximity to many city transit options.
About Swire Properties
Swire Properties Inc, headquartered in Miami since 1979, is one of South Florida’s leading international developers of urban office, hotel and condominium properties. The powerhouse developer is known for its $1-billion, master‐planned development of Brickell City Centre and the island of Brickell Key in downtown Miami. The company is a wholly owned subsidiary of the publicly listed Swire Properties Limited based in Hong Kong, which is widely recognized for its commitment to sustainable development, featured in the Dow Jones Sustainability World Index For more information, visit www.swireproperties.us.
About Related Companies
RELATED COMPANIES is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States with over $60 billion in assets owned or under development including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side, The Grand and Related Santa Clara in California and The 78 in Chicago. Formed over 45 years ago, Related is the largest private owner of affordable housing and a fully-integrated, highly diversified industry leader with experience in virtually every aspect of design, development, acquisitions, management, finance, hospitality, sustainability, and sales. Related’s mixed-use, residential and commercial office properties have been consistently heralded for their placemaking vision – bringing together iconic design, arts and culture, dynamic programming, and innovative wellness programs. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi and London, and boasts a team of nearly 3,700 professionals. Related was named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World. For more information about Related, please visit www.related.com.
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