Archive for November, 2013

New Luxury Condos Continue to Rise in Brickell

posted on November 30th, 2013 filed under: Real Estate News

Sleek designs and artsy interiors are de rigeur in the resurgent Brickell-area condo boom in Miami.  Cranes again fill the skyline, as one after another project opens a sales center and breaks ground.

Millicento

Millicento

Current and upcoming offerings include the Brickell House, Millicento, MyBrickell, Brickell Heights, Brickell CityCentre, SLS Brickell, the Bond, 1010 Brickell, the Echo, and Nine at Mary Brickell Village.

Billboard for SLS Brickell

Billboard for SLS Brickell

The cynical view is that few full-time residents will occupy the thousands of units that these towers represent, and that the buyers consist of wealthy Americans seeking a Florida address to avoid state income taxes, or wealthy Central and South Americans looking for U.S. assets to escape their native countries’ inflationary and capital-threatening environments.

Brickell CityCentre

Brickell CityCentre

Another view is . . . who cares?  Downtown Miami is becoming a modern metropolitan mecca, a magnet for international wealth to rival other great cities.  You can’t expect jet-setters to stay in one place all the time.  So if the lights aren’t all on, that’s okay.  The jewel-encrusted skyline will sparkle plenty anyway.

Brickell Heights

Billboard for Brickell Heights

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