Brickell City Centre is poised for another major growth spurt, adding 972 residences in two towers, stores and entertainment venues, parking, a ground-level plaza, and enhancements around the South Miami Avenue Bridge.
The sweeping development from Swire Properties Inc. continues to transform the Miami neighborhood south of the Miami River.
The city commission on Jan. 24 approved a third amendment to the project’s Special Area Plan (SAP) and a second development agreement.
As a bonus, Swire committed to divide $1 million equally among the five commission districts earmarked for affordable housing or anti-poverty efforts.
What commission Chair Ken Russell calls “very generous” is money he helped garner in meetings with Swire moving forward on the latest plans. First reading and approval votes came Dec. 13, as commissioners debated the best way to spend the $1 million.
Akerman attorney Neisen Kasdin, acting for Swire, said then that Swire would agree to the money going directly to the city but that no payment would be made until building permits are issued for the next phase.
He said construction’s start would be “market dependant” but probably in two to three years.
Swire plans to redevelop adjacent sites: the former Associated Photo at 19 SW Sixth St. and the former Tobacco Road bar at 650 S Miami Ave.
The third amendment to the previously approved SAP adds 2.39 acres for a total of 13.96.
Pedestrian bridges are to connect the new residential towers to the existing Brickell City Centre.
The expansion will include 87,284 square feet for commercial (retail/entertainment), 1,231 above-ground parking spaces, a public riverwalk, and more.
Brickell City Centre began rising in 2013. It includes two condominium towers, two Class-A office buildings, its EAST, Miami Hotel, and a more than 500,000-square-foot shopping center that opened in 2016.
Source: Miami Today News