It is not much of a surprise that the most anticipated project in South Florida,The Brickell City Centre Tower is halfway sold in nearly two months. Two 43-floor towers, each with 390 units, named Reach & Rise, are being built as part of the first phase of City Centre.
Swire launched sales of Reach condo tower on the east side of the site May 29 and, so far, nearly half of those units have been sold, said Maile Aguila, senior vice president for Swire Properties in Miami.
Prices for a one-bedroom unit in the building range from $580,000 to $700,000 and fortwo-bedrooms are between $700,000 and $1 million. The majority of the units at the tower will have three or fewer bedrooms, but some will have four and five bedrooms. Larger units range from $2.15 million to $2.7 million. Penthouses will go for between $3 and $8 million.
Most buyers are coming from the New York City area, but also from South American markets such as Brazil. Swire is expecting to deliver the first-phase units by late 2015 or early 2016 * Miami Today
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