MIAMI, July 6, 2016 /PRNewswire/ — Swire Properties Inc, one of South Florida’s leading international developers of urban real estate, along with retail co-developers Whitman Family Development and Simon Property Group, have announced Victoria’s Secret, Bath & Body Works, Suit Supply, Stitched and Pinko to join Brickell City Centre’s 500,000 square-foot shopping center that will open this November in the heart of Brickell. The five tenants follow a series of announcements revealing more than 80 retailers and eateries coming to the $1.05 billion mixed-use project.
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“It is a sensational time for retail at Brickell City Centre in anticipation of the grand opening this November. The majority of the retail center is almost entirely leased with tenants beginning to outfit their individual stores,” said Debora Overholt, vice president of retail at Swire Properties. “The combination of signing on well-known, contemporary brands such as Victoria’s Secret and Bath & Body Works with high-end men’s fashion brands like Stitched and Suit Supply broadens our shoppers’ access to a diverse selection of retailers in addition to luxury and first-time international brands,” she adds.
Most all of the buildings that make up the massive mixed-use project are complete. One of the two condominium towers, REACH, opened its doors in April with the second tower, RISE, expected to open late this summer. One of the two Class-A office towers, Three Brickell City Centre, opened in February with Florida’s leading law firm, Akerman, as the anchor tenant. The second office tower, Two Brickell City Centre, is set to open this summer.
Luxury brands will be located throughout the street-accessible first floor of Brickell City Centre’s retail component. Others will open on the second and third floors, emphasizing premium and contemporary retailers along with a mix of beauty, home decor, jewelry, apparel and other stores. The food and beverage offerings, an integral piece of the Brickell City Centre retail concept, will be situated throughout the third floor, offering a mix of fine dining, casual fare and new international brands opening flagships in the U.S. Brickell City Centre will offer a unique vertical shopping experience, a successful shopping model common in international cities and well-recognized by global travelers.
The shopping center will seamlessly connect with Miami’s key transportation nodes. Swire Properties integrated the Miami Metromover with a stop that exits directly into the shopping center’s third floor to allow easy and convenient access. The shopping center will also ease vehicle movement with an expansive two-story underground carpark that traverses streets in the lower level.
Leading luxury retailer Saks Fifth Avenue will serve as Brickell City Centre’s anchor tenant and will occupy three floors of the shopping center with street-level access. Brickell City Centre’s two condominium towers, two Class- A office buildings, including one almost entirely leased by international law firm, Akerman, and its EAST, Miami Hotel, will also act as anchors for the shopping center, along with a luxury dine-in theater Cinemex. Renowned traditional Uruguayan restaurant Quinto La Huella and signature rooftop bar Sugar, opened at Brickell City Centre’s flagship hotel, EAST, Miami at the end of May 2016.
About Brickell City Centre
Brickell City Centre is a landmark $1.05 billion, 4.9 million square-foot, mixed-use development in downtown Miami from Swire Properties Inc, one of South Florida’s leading international developers of real estate known for its $1 billion master-planned development of Brickell Key. The project’s first phase includes a 500,000-square-foot luxury and premium shopping center, two residential towers, the 352-room East, Miami hotel and two mid-rise office towers. The project is LEED®-registered for Neighborhood Development – currently one of the largest in the U.S. Sustainability elements include the $30 million CLIMATE RIBBON™; a masterpiece of art and science, the elevated trellis will span 150,000 square feet, connecting the project’s three city blocks and acting as an environmental management system. As the largest private-sector project currently under construction in Miami, Brickell City Centre began vertical construction in 2013 and the first phase of construction is currently nearing completion.
About Swire Properties
Swire Properties Inc, headquartered in Miami since 1979, is one of South Florida’s leading international developers of urban office, hotel and condominium properties. Known for its $1-billion, master-planned development of the island of Brickell Key in downtown Miami, Swire continues to shape the Miami skyline with its latest project, Brickell City Centre, a $1.05-billion, mixed-use complex comprising a gross floor area of 5.4-million gross square feet, including an underground carpark and 2.9-million square feet of office, residential, hotel, retail and entertainment space. The company is a wholly owned subsidiary of the publicly listed Swire Properties Limited based in Hong Kong.
About Simon
Simon is a global leader in retail real estate ownership, management and development and an S&P100 company (Simon Property Group, NYSE: SPG). Our industry-leading retail properties and investments across North America, Europe and Asia provide shopping experiences for millions of consumers every day and generate billions in annual retail sales.
About Whitman Family Development, LLC
Whitman Family Development is a family-owned, diversified real estate development, management, and leasing company specializing in retail and headquartered in Miami Beach, Florida. Among other interests, Whitman Family Development is the developer, owner and operator of the acclaimed Bal Harbour Shops, ranked the world’s #1 shopping center by the International Council of Shopping Centers, and is the co-developer of the retail components of Miami’s Brickell City Centre.
[Source:- Yahoo Finance]
