April 15, 2013
Miami has long hosted a wide-range of unique and audacious buildings, many of them built and designed by the world’s most acclaimed architects and developers. Now in the midst of another property boom, the city is set to welcome a range of ambitious and one-of-a-kind architectural marvels, including what may be tallest strictly-residential building yet: the Echo Brickell. Curbed Miami, a local real estate news site, has more:
The developer, Kevin Maloney, behind Echo in Aventura, is building another Echo in Brickell that at 750 feet and 60 stories will be one of the tallest buildings in Miami and, if nobody else beats him to it, the tallest residential building in the city. (The Four Seasons is taller, but that’s a combination residential/hotel tower, which doesn’t count apparently). The building, designed by a starchitect who’s building a lot in this town right now, Carlos Ott, and named Echo Brickell, will be very slender, have super high ceilings, and gorgeously unobstructed bay views. They start taking reservations next week and expect to break ground early in 2014.
The Miami Herald has also taken notice, providing further details as to the background of this pioneering development:
Kevin Maloney, founder and CEO of Property Markets Group, said the developer will start taking reservations next week for Echo Brickell, a luxury condominium at 1451 Brickell that will rise about 750 feet — or 60 stories — and include up to 250 units.
Maloney and Ryan Shear, managing partner of PMG in South Florida, held a focus group Thursday at International Sales Group, which will market the pre-construction project. They gathered some of Miami’s top real-estate brokers to sound out what the market wants in what would become the tallest residential building in Miami to date.
“The caché of this building is certainly the height and the view,” said Maloney, who separately expects to break ground in July on Echo Aventura, a 190-unit bayfront condo that launched sales last fall.
Uruguayan architect Carlos Ott is handling the conceptual design of the Echo Brickell building, which will feature larger units than typically seen on Brickell. Penthouses will likely span more than 7,000 square feet.
With Miami’s latest condominium boom gaining steam, Maloney said competition was keen for the 1451 Brickell site, which sits on the east side of the avenue and currently houses the sales center for the Brickell House project. Newgard Development Group is building the 46-story Brickell House at 1330 Brickell Bay Drive a few blocks away.
PMG recently signed a contract to purchase the Echo Brickell land from an investor who holds it through a corporation, 1451 Brickell Inc.
Needless to say,Miami’s real estate options are going into an unprecedented direction. Within the next few years, would-be residents will be able to choose from an ever-expanding selection of world-class properties that won’t be found anywhere else. To get the latest news on these and other exciting Miami Properties, contact Metro 1 Properties at 305-571-9991.