75-Story Baccarat Residences In Brickell Reaches 50% Reserved

The luxury Baccarat Residences tower planned in Brickell is seeing strong demand, according to the developer of the project.

As of last week, over 50% of condo units planned in the project have already been reserved, according to Related Group President Jon Paul Pérez, the SFBJ Reported.

Sales for the project only opened in June, and reached 25% reserved that same month.

Around half of the buyers are from the U.S., with the rest from Latin America. Previous Related projects saw around 90% of buyers from Latin America.

In total, 324 condo units are planned at the first Baccarat tower, at prices ranging $1.1 million to $3.5 million. Units will be relatively large, with higher starting prices.

There will also be penthouse units and flats with prices up to $14 million.

Buyers are required to place deposits totaling 40% of the units value before and during construction.

Baccarat’s first tower will rise 75 stories. There will also be two additional towers.

The second phase will include hotel and condo units and will likely launch in 2022, Perez previously said.

 

 

 


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Anonymous
11 days ago

For a Baccarat brand, the architecture is underwhelming.
We need an infusion of other designers in the mix.
It’s obvious Architectonica is on a creative pothole

Anonymous
11 days ago

So true, we need designs from international architects, I don’t expect every building to be “iconic” but we are getting a high concentration of very boring looking high rises.

Anon
10 days ago

The Baccarat building in NYC is underwhelming too.

Anonymous
9 days ago

It’s ARQUITECTONICA!!!!

Anonymous
8 days ago

Exactly the problem

Anonymous
11 days ago

The breakdown of international versus domestic buyers is interesting.

Anonymous
11 days ago

Related has a big south American presence and the marketing reach that goes with it…

Anonymous
7 days ago

Yes, which is why 50/50 has many more USA buyers than other Brickell projects.

Anonymous
11 days ago

Have they stopped their archeological dig yet??

Anonymous
11 days ago

No. There are multiple tents with people dusting excavated fragments.

Anonymous
10 days ago

Did they find another tooth yet from a bar fight?

POLO
11 days ago

That is a gigantic pedestal!

Anonymous
11 days ago

The pedestal portion looks glassed. I’m sure there’s a large parking area, but Is there office space or is it all residential on the lower floors?

Miami Conch Fritter Eater
11 days ago

So ? We like the drive down here, cope

TAR
11 days ago

What will the roof height be for this building? The rendering makes it taller than Panorama….

Miguel Calmon
11 days ago

I think there’s been misleading advertising at the launch of this tower. When they were presented, it was a rendering with the three towers.Now, in sales, a rendering of just one tower is shown. When sales of the other tower begin, buyers of the first tower may not have the full view of the bay and river, because this tower will be a little behind the future tower.This should be made clear in the advertisement for this tyower that is being sold now.

Anonymous
8 days ago

Wholly shit Miguel!!!!! you are on to something!!!! DO NOT….I repeat….DO NOT sign that check until you do some in depth research about the western most tower and the possibility of towers to the east.

There is a chance that the developable land might be developed…and it is up to you to save the world and educate the people who may not know that developable land may be developed!
(PRO TIP: You can hire me as a consultant to provide an analysis. Just Venmo me a few sheckles.
EXECUTIVE SUMMARY: The developer will develop in a manner to optimize the site.)

Go get them Miguel!!!

Anonymous
10 days ago

So we know the “owner” of TNM is Hispanic now… one piece toward figuring out who this hero is😅

Anonymous
10 days ago

Thanks for taking off today to celebrate my birthday

Gonzalo Navarro
9 days ago

I would be great it you give us credit. Renderings by @Arxsolutions

Anonymous
10 days ago

Lacking….looks to be another rectangle with undulating and curved slab edges.

The Zaha Hadid building (1000 museum) is tough one to top.

Anonymous
11 days ago

Boring.

Anonymous
5 days ago

as argentinas economy and govt collapse and google is buying a building in NYC …sorry miami no tech bros in large doses….

Anonymous
11 days ago

This building looks like it ran out of room to add more balconies

Anonymous
11 days ago

They did a good job of designing big balconies.

Anonymous
11 days ago

Start piling work already, before this turns into another scaled back icon Brickell

Anonymous
10 days ago

Here is what will happen if most buyers are foreigners. They will rent out right away, meaning it will be another related condo building full of tenants that shit on the building bc they rent and don’t care, then their economies in latin america will fall further and they will all try and sell their units at the same time cratering prices once again. This is precisely what happened to all of related’s projects in Brickell recently. Fck em . P.s the design is trash for Baccarat idk how they could accept this.

Anonymous
8 days ago

Ummmmm……
This post is wrong. Ignorant. ill-informed. and stupid.
“Precisely”????

Your economic analysis indicates that you did not graduate from middle school.
Your assessment of Related’s condo projects indicates that you have no clue.

Anonymous
10 days ago

Just another building going up that no locals can afford…only benefits realtors.

Anonymous
10 days ago

Get a better job.

Anonymous
8 days ago

That is sad. If YOU THINK that no locals can afford this, then YOU need to fix your thinking.

Miami is transforming.

All the things that the leaders of the people (average/below average people) screamed about are happening. The opportunity is here…have you been busy sleeping/whining/or getting prepared.

The “Leaders” of the losers are now in a pickle. Can the losers step up?

I hope so. If the locals do not step up, talented people will migrate here to take over.

Anonymous
5 days ago

google goin to nyc…sorry miami..but hey the argentine economy might tank soon so capital flight is coming to miami

Anonymous
11 days ago

Stop this monstrosity! LEAVE IT TO THE DOGS!