Miami’s Brickell CitiCenter Project that was stalled by America’s economic woes back in 2008 has begun construction work since last month, and already Swire Properties said in a press conference last July 26th that they will start working on its mega parking lot that has a capacity of 3,100 vehicles.
Turner Construction Co. is the one overseeing the construction project as the Hong Kong-based Swire Properties Inc. awarded the contract to them since last May of this year. The construction company is expected to complete the first phase of the project by 2015, and among the details of this 9-acre infrastructure includes five mega buildings, where one of which is going to be a 520,000 square foot mall, a hotel having 243 accommodations, a 110,000-square-foot office tower, 93 service apartments and 800 condominium units. The second phase of the project should be completed by 2018, but experts say that the economy will still be a key factor on whether or not the target date could be reached.
Swire Properties CEO Martin Cubbon said “Miami’s economy is benefiting from investments by its neighbors from South America, and we see strong growth potential for the city. The location of Brickell CitiCentre offers an excellent opportunity to draw market share from local businesses and residents as well as visitors.”
The Brickell area in Miami’s south harbor couldn’t have been a more perfect location for the CitiCenter to be erected as it offers all the best of the city to the people who will work and stay in it. First of all it’s downtown and all the basic amenities is just easily accessible like the MetroMover for instance; commuters will find it a fast and efficient ride to any point in Miami. The city is also adapting the “green” policy, which is why its new laws prefer pedestrians than cars on its sidewalks – the Brickell CitiCenter may just be the catalyst for a greener more environment friendly Miami City.
The President of Swire Properties Inc., Stephen Owens, told the Beacon Council’s breakfast reception, which is the economic-development group of Miami-Dade. “We don’t think petrol will be $5 a gallon forever. We’re living in a world of subsidized energy, and we don’t think it can last forever.”
Swire Properties Inc. has recently released this photo detailing the Brickell CitiCenter Project in black and white CGI:
Photo courtesy of: http://www.bizjournals.com/southflorida/news/2012/05/18/swire-released-more-detailed-brickell.html
This is how the mega construction project should look like after a decade from now, but it will look more stunning once the first phase is completed. At least for now we get to see a glimpse of what it may look like.
The Brickell CitiCenter Project’s developer, Swire Properties Inc. said that it plans to dedicate about 28,963 square meters of the CitiCenter to wellness centers and medical facilities. Swire is hoping that the entire complex will become a self-sustaining metropolis within the downtown Miami, where the people who works there will less likely have to or need to drive to some distance just to get supplies or engage in a recreational activity. All this, according to the developer, has been considered aside from the “green” theme that they will also adapt throughout the entire complex. If you are looking to sell your home or buy a new one but insist on only working with a professional agent that will help you in the process and work hard to get things done, then call me at (786)853-2333 or drop me a line at naylabenitez@gmail.com. It’s that simple!
