Swire Sells Miami Site Planned For Office Supertall For Over $211M

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one brickell city centre supertall office building 1030x385

The 2.8-acre parcel, located at 700-799 Brickell Avenue, was once slated to become the One Brickell City Centre, a 1,000-foot-tall office tower. However, Swire scrapped those plans earlier this year, citing difficulties in the current office market.

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Condo Sales At Mandarin Oriental’s Miami Redevelopment Hit $1 Billion

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The condominium sales in the South Tower of the two-tower project reached a major milestone by surpassing $1 billion. The 66-story tower is now 50% sold, underscoring the city’s continued demand for high-end real estate.

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Developer Scoops Up Aging Coconut Grove Condos Staring Down Forced Demolition

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chateau grove screenshot_photo credit bisnow 1030x385

As of May 5, 2025, no recertification documents had been submitted, prompting the city’s Unsafe Structures Board to schedule a hearing for May 16 regarding the condo association’s non-compliance.

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Miami Office Sector Vacancy Rate Nation’s Lowest

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According to a recent report, Miami recorded the lowest office vacancy rate among the top 25 U.S. markets in Q1 2025, at 15.5%. Miami also stood out as the second-strongest market in terms of high sales prices.

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Revealed: First Phase Of $1B Miami Project

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rendering of Allen Morris Co's and Black Salmon's proposed Aurea apartments in Miami

The initial component, a residential building named Aurea, will be reviewed by Miami’s Urban Development Review Board on May 21.

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