Swire Properties Tops Off RISE Condominium Tower at Brickell City Centre

The $1.05 billion mixed-use project topped off its largest block, which includes the development’s premier luxury condominium tower, RISE.

Swire Properties Inc, one of South Florida’s leading international developers of urban real estate, announced the topping off of Brickell City Centre’s entire west block, the largest of the three blocks that make up the master-planned mixed-use development’s 5.4 million square feet. With the majority of the project topped off, Brickell City Centre is on schedule for completion beginning end of 2015.

The west block is comprised of RISE, one of the development’s two luxury condos, along with one of the project’s two office towers and the block’s four-story retail center, home to Saks Fifth Avenue.

“To be moving vertical at such a healthy pace in a time where all eyes are on Miami is a tremendous achievement for us,” said Stephen Owens, president of Swire Properties. “We are proud of the hard work and collaboration from all our teams to deliver a dynamic urban project that will transform Brickell and downtown Miami.”

A traditional topping off ceremony and luncheon was held at the construction site of RISE on Jan. 30, marking the placement of the last piece of steel on the tower’s 43rd floor. The project’s executive leaders, along with more than 700 construction workers and consultants behind the successful construction milestone, celebrated with a ceremonial tree hoisting to the top floor. After the luncheon, construction workers were provided the rest of the day off.

Swire Properties continued the celebration with an evening cocktail event to toast to the successful top off of the residential tower, RISE. More than 200 of the project’s top-preforming brokers celebrated the upward momentum of the project.

“By topping off our first condominium tower just months after launching sales, RISE is poised to transform an already thriving metropolis” said Maile Aguila, senior vice president of sales for Swire Properties. “Both residential towers, REACH and RISE are an extension of Brickell City Centre’s revolutionary lifestyle concept, directly connecting residents to an unprecedented urban playground of high fashion, unparalleled entertainment, office space and a lifestyle hotel,” she said.

Brickell City Centre continues to race upwards, with the project’s second condominium tower, REACH, set to top off in February.

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.

MIAMI | January 30, 2015

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

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