Swire Properties to Build Landmark Mixed-Use Tower on Brickell Avenue

Plans Announced for Recently Purchased 700 Brickell Avenue.

Swire Properties Inc, one of South Florida’s leading international developers of urban real estate, today announced it is planning to add a new mixed-use tower to its Brickell CityCentre project at the recently purchased site at 700 Brickell Avenue.

Named One Brickell CityCentre, the proposed 80-story tower will be designed by Arquitectonica.  As one of the tallest buildings in Florida, One Brickell CityCentre will include retail, Class-A offices, condominiums, and hotel capped by signature restaurant and lounge.   The plan envisions grand plazas and retail shops connected to Brickell CityCentre’s phase one, now under construction, and covered by the Climate Ribbon®, an elevated climate control trellis and architectural statement that unifies the project.  One Brickell CityCentre will be the gateway to the overall development, creating a front door to internationally renowned Brickell Avenue.  Swire Properties Inc.  intends to work with the City of Miami to have One Brickell CityCentre approved as an extension of the existing Special Area Plan.

“In creating the vision for One Brickell CityCentre, we are mindful of the legacy of the sellers of 700 Brickell Avenue, heirs of the pioneer Brickell family and Northern Trust Bank, a great corporate citizen.  Our goal is to develop a structure that will be artful in its mix of uses and will advance Brickell Avenue’s stature as Miami’s premier destination,” said Stephen Owens, president of Swire Properties Inc.

“One Brickell CityCentre is a tower that by its design and dramatic contours creates views above the current Miami skyline.  With sightlines that stretch from land to sea, the building’s glow will act as a welcoming lantern for downtown Miami and a portal to Brickell from all approaches,” said Bernardo Fort-Brescia, principal of Arquitectonica .

Phase one of Brickell CityCentre is under construction in the heart of Miami’s Brickell district and upon completion in 2015 will comprise a luxury shopping center, two residential towers, EAST, Miami by Swire Hotels, serviced apartments, wellness center and Class-A offices.

About Swire Properties

Swire Properties, established in Miami since 1979, is one of South Florida’s leading international developers of urban office, hotel and condo real estate. Known for its $1 billion master‐planned development of Brickell Key along the Miami River in downtown Miami, Swire continues to shape the Miami skyline with its latest project, Brickell CityCentre, a landmark $1.05 billion mixed‐use development comprising a gross floor area of 5.4 million square feet including office, residential, hotel, retail and entertainment space and underground parking. The Company is a wholly-owned subsidiary of the publicly-listed Swire Properties Limited based in Hong Kong.

MIAMI | September 20, 2013

Tathiana Rosado

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