'Magic City' Sparkles Anew With Plans for Striking New Downtown Office Tower

on Sunday, 29 September 2013. Posted in forte related

In 1987, the downtown Miami business corridor welcomed a new office building so dramatic in its appearance that it singularly and immediately became iconic: The CenTrust Tower. Notwithstanding the tower’s inglorious past, such landmark and striking development is nothing new for Miami and Coral Gables. We have South Beach’s Art Deco hotels and the historic Biltmore Hotel, the residences of Star Island and magnificent condominiums that have transformed the residential real estate industry.

Never to be outdone – even by itself – Miami’s ready to do it again. Plans were unveiled this week for the new One Brickell CityCentre. The 80-story, mixed-use tower will rise as part of the area’s CityCentre development.

Swire Properties spent $65 million on the property, according to the South Florida Business Journal. The building would become an accompaniment to the Brickell CityCentre project already taking shape. The two properties will be connected by retail shops and plazas.

 

In 1987, the downtown Miami business corridor welcomed a new office building so dramatic in its appearance that it singularly and immediately became iconic: The CenTrust Tower. While the tower has a somewhat inglorious past, such landmark and striking development is nothing new for Miami and Coral Gables.

We have South Beach’s Art Deco hotels and the historic Biltmore Hotel, the residences of Star Island and magnificent condominiums that have transformed the residential real estate industry.

Never to be outdone – even by itself – Miami’s ready to do it again. Plans were unveiled this week for the new One Brickell CityCentre. The 80-story, mixed-use tower will rise as part of the area’s CityCentre development. Swire Properties spent $65 million on the property, according to the South Florida Business Journal. The building would become an accompaniment to the Brickell CityCentre project already taking shape. The two properties will be connected by retail shops and plazas.

Designed by celebrated firm, Architectonica, the building bodes well for business development, construction and future prospects for regional opportunities.

Even as downtown Miami and the Brickell corridor each enjoy renewed vigor, a recent drive down Miracle Mile and Coral Gables’ business district reveal vibrant activity stretching throughout the region. 

Where high rises along downtown get the headlines, in destinations like Coral Gables, business is thriving. Restaurants are filled with patrons, and retailers enjoy brisk business.

Meanwhile, Coral Gables Class-A office space flourishes. The city – and the region – continue to earn the nickname “Gateway to the Americas,” as pan-regional businesses locate various operations here to have a foothold into or out of the Americas.

Coral Gables has been recognized as a finalist in the 2013 LivCom Awards. This prestigious competition recognizes the most livable communities - not in South Florida of Florida itself, but around the world. It is one of the only awards programs endorsed by the United Nations. Coral Gables is the only U.S. city in its population category to make it to the finals, the city now is competing against 13 other municipalities from around the world, including cities in Austria, Greece, Korea, Malaysia, Hungary, Lithuania, France, Taipei, and the Czech Republic.

In a statement, Arquitectonica principal Bernardo Fort-Brescia called One Brickell CityCentre will have a “glow [that] will act as a welcoming lantern for downtown Miami and a portal to Brickell from all approaches.”

That glow has become a halo that encompasses the entire region – from downtown Miami to Miami Beach, from Coral Gables to Coconut Grove. Business is strong in the county. Such development only serves to strengthen our current presence and future prospects.

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