Swire Properties se concentrará en el desarrollo de las fases restantes en Brickell City Center
El desarrollador Swire Properties anunció que se concentrará en las fases restantes en Brickell City Center después de completar una venta masiva de unidades de condominios en este lugar.
La semana pasada, la compañía anunció que vendió las últimas 81 unidades de condominio en las torres de Reach y Rise a una sociedad entre KAR Properties y Fortune International Group por una suma no revelada.
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Kieran Bowers, presidente de Propiedades de Swire dijo que esta venta es “una transacción significativa que refleja su compromiso compartido con este producto excepcional y su creencia en Brickell City Center”.
Swire Properties Spearheads Sustainable Developments and Continues to Invest in Miami s Future
As one of the region s leading international developers of urban real estate, Swire aims to be the top global sustainable development performer in the industry by 2030
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Swire Properties Inc, a South Florida international developer of urban real estate, continues driving ambitious corporate climate action through its SD 2030 Strategy to fulfill the goal of becoming the global sustainability leader in the industry by 2030.
The strategy is built on five pillars - places, people, partners, performance (economic) and performance (environment) - which underpin the company s business activities. Swire Properties Inc adopted the Science Based Targets initiative ( SBTi ) in 2019 establishing a long-term decarbonization trajectory for its portfolios around the world, in line with the Paris Agreement. The publication of the SD 2030 Development Report re
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Shahab Karmely, Edgardo Defortuna and Kieran Bowers with Reach and Rise (Getty)
Swire Properties sold the remaining condos at Brickell City Centre in Miami, allowing the developer to move forward with new projects in the area,
The Real Deal has learned.
A partnership between Shahab Karmely’s KAR Properties and Edgardo Defortuna’s Fortune International Group acquired the 81 units at Reach and Rise for an undisclosed amount, with plans to relist them with Fortune Development Sales. The units represent about 10 percent of the units at the two condo towers, combined.
The deal, which closed on Thursday, included some penthouse units, according to Defortuna.
U.S. Army Corps of Engineers plan to protect Miami-Dade coast from flooding and storm surge ongoing
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MIAMI – The Army Corps of Engineers is working on a project to fortify the Miami-Dade County coast from sea level rise and storm surge.
The project is in dispute, particularly their idea of a large concrete flood wall. At stake are billions of dollars, but local leaders are continuing to work to find a balance.
“Elevating about 5800 structures and flooding proofing some 4600 non-residential commercial buildings,” explained U.S. Army Corps of Engineers Norfolk District Commander Col. Patrick Kinsman.
One sticking point has been a proposed flood wall running parallel to Miami’s waterfront, a looming concrete structure that some local city and business leaders have argued would sink property values.