550 BRICKELL: Related Group of Florida plans 663 units in two 42-story towers that would connect at the top. The project at 550 Brickell Ave. is to go before the Miami City Commission today (6/24).

WHOA...this is big...I haven't heard of this project...

:) ive always wanted to see a building like that in downtown miami. so since its proposed to the city, that means a rendering should be out shortly, right ?

Amazing related group just keeps churning away they are also doing plaza on brickell "IN TODAY''S NEWS:

901 SALE BEGINS: The 1,000 condominium units planned
for 901 Brickell Ave. are to go on sale today (5/27)
with price tags from $170,000 to more than $1 million.
The units are part of the Plaza on Brickell, a
mixed-use project by the Related Group of Florida. The
Plaza is to include 35,000 square feet of retail
space. Construction is to start in December and be
completed in mid-2006. The Related Group expects to
sell about 750 units within days of going to market.
Details: (305) 960-1966 or

(Floors: 46 & 55)
Plaza on Brickell Tower II 50 2006
Plaza on Brickell Tower I 42 2006

renner the information you posted is old the plaza on brickell sold out on the first day it went to market all 1000 units where taken the line for sales looked like a concert ticket line or a superbowl line everyone trying to get in. all the units where reserved and backup reservations where taken.

this other project should be interesting related always offers the best prices and sells out much faster then any other developer. by they taking a cut on profits they end up making about the same if not more then many other developers because they save on overhead and marketting.

so two thumbs up to Jorge Perez of the Related Group he sure knows what he is doing and transforming southflorida into a tropical mecca while making a fast buck and a good name for himself...

550 BRICKELL: Related Group of Florida plans 663 units in two 42-story towers that would connect at the top. The project at 550 Brickell Ave. is to go before the Miami City Commission today (6/24).
RX, :) Just trying to find out What happen about this 2 tower Project? I can't find out anything about it, Did it finally get approved by the City of Miami ? :cheers:

as you can see the project has been in the works for years thats what usually happens with most if these skyscrapers they start with one name and end up with another by the time they come to market... 550 will surely come to being built soon




New owner says 550 Brickell ready for development deal

By Marilyn Bowden
New York parking magnate Hank Sopher, who bought the 550 Brickell Building and adjacent parking lot a little more than a year ago, said the market has matured more quickly than he anticipated and he's looking for a development partner.
Mr. Sopher, president of Quik Park of Florida, paid $10 million in 1999 for the six-story, 35,000-square foot property on 1.27 acres and an adjoining 0.2-acre parcel to the west.
At that time, he called it "probably one of the most important locations on Brickell for parking, office or residential development."
Mr. Sopher said he originally envisioned waiting several years for the right market conditions to warrant development. However, with Barclays financial center close to 85% leased ahead of its fall opening date and the incursion of telecommunications tenants bringing other buildings on Brickell to full occupancy, Mr. Sopher said recently that it is time to proceed with development.
"Basically what we're trying to do," he said, "is the same thing we've done in New York for 25 years. I bought properties in Manhattan 25-30 years ago in areas where youÚcouldn't walk at night. Now people are knocking my door down to build on my parking lots.
"I think the acceleration in Miami has been much, much faster."
Mr. Sopher, whose expertise is in parking, says he's open to any kind of a deal — except selling.
"We're buying properties, not selling," he says. "As the sign says, we're offering development opportunities.
"We're interested in talking with someone who wants to build a garage in conjunction with an office building, a hotel or apartments. There's nothing else available right on Brickell, so now is the time to find a joint partner."
Edie Laquer of Laquer Corporate Realty, who represents Mr. Sopher in his South Florida land deals, says in her opinion the property is ideally suited for twin towers with a total of 750,00-850,000 square feet.
"A Class A office tower fronting Brickell Avenue, presuming Brickell Park is preserved, would offer unobstructed views of Biscayne Bay — a rarity for the west side of Brickell," Ms. Laquer says.
On the west side, she says, the property fronts the site of Brickell Village, Terremark's proposed 2 million-square-foot retail and entertainment center.
"It would be perfect for high-end rentals or condos or even lofts," she says. "But the menu is wide open as to proposals. Any development scenario whatsoever will be considered that includes QuikPark as venture partner."
Ms. Laquer says the Related Group of Florida's plans to build a Class A office building and luxury residential tower at the One Miami site just across the Miami River from Brickell is key to the redevelopment of north Brickell.
"It will link the Brickell and downtown submarkets," she says. "A Chinese wall has historically divided them, but it is coming down."
Edgar Jones, vice president with the office services group at Grubb & Ellis, says the possibility of office development at 550 Brickell is interesting, but Mr. Sopher is unlikely to be able to tear down the existing building for at least three years unless he can buy out the leases of existing tenants.
"In three years, Brickell will be a different market," he says.
Other than Barclays, he says, the only office projects actually under way on Brickell are Esp°rito Santo Plaza and Four Seasons Tower, neither of which will put more than a couple hundred square feet on the market.
But Related Co.'s office tower and a proposed development at 901 Brickell by developer Ricardo Glas could add close to 2 million square feet, he says.
"If they all happen at the same time," he says, "it's a lot to absorb. But history has proven that not all projects announced or under contemplation get built."
Mr. Sopher says he has an additional 5 acres under contract in Brickell and on Biscayne Boulevard.
Details: Edie Laquer, (305) 374-6116.

EVERYONE :) , This is the OLD thread of the 550 Brickell, I need INFO on what's the NEW Name 500 Brickell Any Different from the Old 550 Brickell, Is Both the Same Block SITE ? Just curious. :cheers:

its called 500 brickell avenue if you go to the related group website the have this website www.500brickellavenue.com but it doesn't work.from what i heard perez wants to do two phases both of 42 stories high impact towers

great project that perez is high impact!

we really need some offices to go up.. having em on brickell is good, but would b even better if we could get some office construction in downtown

hopefully thisll spark something

ok i finnally found 500 brickell its www.500brickellcondo.com or on page 17 on homeand design in the sunday herald

www.500brickellcondo.com
these two will probably look better than the plaza in my opinon

interest rates are holding(www.interest.com)
hopefully they'll hold under 6.0% for many many years

^^^haha, about 10 posts advertising, id pay you to stop posting

LOL j/p

seriously! its actually getting quite annoying coming to these posts and not even being able to find a relevant topic within the thread.

^^Agreed!

ya well, tangents occur during any conversation... human nature, deal wit it

ok i'm tired of typing the stupid brickell thing

ya, so are the rest of us, lol

Here are good quality renderings hot off of the laser printer. Contact me if you would like to buy one!
http://www.restainer.com/skyscrapers/dayrendering.jpg

http://www.restainer.com/skyscrapers/nightrendering.jpg

http://www.restainer.com/skyscrapers/amenitydeck.jpg

http://www.restainer.com/skyscrapers/frommouthofriver.jpg

nice we can tell its over 450 feet tall, because the boa on the left is 450 so this is higher!

whoa jorge is developing 500 brickell,bought the sheraton in front of 500 brickell and is developing plaza about 3 blocks down from 500 brickell

500 Brickell will be two towers @ 43 stories each. Not sure of the finished height.

500 Brickell will be two towers @ 43 stories each. Not sure of the finished height.
ROARK :) , Knowing JORGE PEREZ, Hes going for the 500 FOOT Mark Here with that BOX Design ON TOP, :cheers:

500 Brickell will be two towers @ 43 stories each. Not sure of the finished height.
TRUE ROARK :)