Swire Properties Announced the Topping Off of Brickell City Centre’s First Tower

The First EAST, Miami hotel in the U.S. tops off on schedule at the $1.05 billion mixed-use Miami project.

Swire Properties Inc, one of South Florida’s leading international developers of urban real estate, announced the topping off of its east block tower, the first of six buildings under construction at Brickell City Centre, the
$1.05 billion master-planned mixed-use development. The east tower, located at 89 SE Eighth St., will house the project’s luxury lifestyle hotel, EAST, Miami, which is topping off on schedule and in time for its winter 2015 open.

A traditional topping off ceremony at the construction site of the east block of Brickell City Centre was held Dec. 15, marking placement of the last piece of steel into the hotel’s 40th floor. Community leaders, elected officials and over 500 construction workers behind the successful construction milestone celebrated with a ceremonial tree installation and pig roast luncheon. After the luncheon, construction workers were provided the rest of the day off.

“To be topping off our first building having only broken ground in 2012 is a tremendous achievement and cause for celebration. We owe this milestone to our outstanding construction team,” said Stephen Owens, president of Swire Properties. “We are extremely proud of the work accomplished. To see our first tower topped is exhilarating and indicative of the hard work and planning accomplished in collaboration with all our teams. And it marks the arrival of EAST, Miami hotel.”

EAST, Miami is artfully integrated into the 5.4 million square-feet of Brickell City
Centre, offering 263 rooms and 89 serviced apartments. The hotel will also have a
signature restaurant by internationally renowned La Huella and an impressive rooftop bar, as well as meeting rooms, a pool and a state-of-the-art fitness center.

Brian Williams, managing director of Swire Hotels said, “The team should be incredibly proud of what they have built here at Brickell City Centre today with the topping out
of EAST. The Brickell City Centre development as a whole is a landmark in the changing face of Brickell and we are delighted with the work that has been created for us, perfectly on time, in EAST, our first U.S. hotel for Swire Hotels.”

“We owe this tremendous construction milestone to the men and women of our construction team who have been onsite every day to keep this transformative project moving forward, all the while meeting Swire’s high standards for quality and excellence,” said Louis Brais, senior project executive of Americaribe and John Moriarty & Associates of Florida, the super structure contractor.

Several other towers at Brickell City Centre are also racing upwards, with the project’s two condominium towers, “Rise” and “Reach”, topping off in January and February, respectively.

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. For more information, visit www.swireproperties.us.

About Brickell City Centre

Brickell City Centre is a landmark $1.05 billion, 5.4 million square feet, 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 luxury shopping center, two residential towers, a hotel with serviced apartments, 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 exclusive CLIMATE RIBBON™, an elevated trellis composed of steel, fabric and a continuous surface of glass that will connect all components of the development and create a comfortable microclimate for shoppers. 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 scheduled for completion beginning third quarter of 2015. A second phase of construction will begin in the first quarter of 2016. More information is available at www.brickellcitycentre.com.

About Swire Hotels

Swire Hotels has been created to manage intriguing urban hotels in Hong Kong, Mainland China and the United Kingdom, providing a characterful experience for travelers who seek individuality, style and personalized service. The Opposite House, Beijing, opened in 2008 and was followed by The Upper House, above Pacific Place, Hong Kong, in October 2009. Swire Hotels opened a 345-room lifestyle business hotel called EAST, Hong Kong in Hong Kong’s Island East on 25 January 2010. The 369-room EAST, Beijing, located within INDIGO in Jiangtai, opened in September 2012. EAST, Miami, offering 263 rooms and 89 serviced apartments, will open in Brickell City Centre in 2015. Swire Hotels has launched a new collection of locally inspired and stylish hotels in the heart of great British towns and cities called Chapter Hotels. The first hotel in the collection, The Montpellier Chapter, Cheltenham opened in 2010. The second hotel, The Magdalen Chapter, Exeter opened in June 2012.

MIAMI | December 15, 2014

Contact: Katrina Perez, 786-565-3397 or kperez@quinn.pr
Tathiana Rosado, 786-382-0918 or trosado@quinn.pr

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