A groundbreaking ceremony to mark the official commencement of Brickell CityCentre took place today in the Brickell Financial District of Downtown Miami.
Today’s event formally marks the start of construction on this visionary project, which encompasses 5.4 million gross square feet and will include a shopping center, two residential towers, a hotel, wellness center, service apartments and two office buildings, together with underground parking. Brickell CityCentre will have a tremendous positive impact on our region, accounting for approximately one billion dollars in overall economic benefits, more than $15 million dollars per annum in ad valorem taxes for the City of Miami and Miami‐Dade County and creating 1,700 jobs while it is under construction and 3,700 after completion, according to an independent study.
Brickell CityCentre will cover a little over 9 acres on both sides of South Miami Avenue, between Sixth and Eighth streets. The project includes a 500,000 square-foot shopping center, an office tower, a 120,000 square-foot “wellness center”, two residential condominium towers with 800 units, a 243 room hotel, 93 serviced apartments and approximately 3,100 parking spaces.
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