96 Percent Of Units At SLS Lux Are Now In Contract

About 96 percent of units at SLS Lux are now in contract, Related Group president Carlos Rosso told The Real Deal last week.

Of the 535 units being built in the 57-story tower, just 24 units remain. That compares favorably to sales across the street at Brickell City Centre, which was 57 percent sold as of August, and Brickell Flatiron, which the developer says is 50 percent in contract.

Related has lowered the deposit requirements on the remaining 24 units at SLS Lux to 30 percent. Rosso said that “It’s so we can dismantle the sales center in the back and finish construction.”

 

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Anonymous
5 years ago

Miami has plenty of affordable housing, just not in Brickell or Downtown. Every city has rich areas and not so rich areas, Miami is no different. If you cannot afford the center move to suburbs, problem solved. But you cannot have your cake and eat it too.

Yet Another Anonymous
5 years ago

Don’t have to go that extreme. West Brickell has decent middle of the road stuff and east little Havana is becoming what west Brickell was 5-10 years ago.

Anonymous
5 years ago

This project went to market in the same month that Flatiron did–which is supposedly at 50% (but more than likely around 40%.)

Anonymous
5 years ago

Sadly, Flatiron is taking… nice enough project in the wrong lot. They should move it to the lot next to the SLS Lux.

Anonymous
5 years ago

I agree 100%. If that building was on the lot next to SLS Lux I would but in there in a heartbeat.

Yet Another Anonymous
5 years ago

That’s the best looking blank wall I’ve ever seen. And wow this building is huge. Can’t naysay arquitectonica for their work here!

Anonymous
5 years ago

You are really under estimating the naysayers!

Anonymous²
5 years ago

You mean ones that would say something like…”My a*s could sh*t out something that looks better than that.” 😉

Seriously, though, the project looks great, along with the two matching Brickell Heights towers. Looking forward to the exterior light installation as well. Throw in BCC and the other towers going up nearby, and we’re going to have a nice little urban neighborhood.

Anonymous
5 years ago

I can’t wait until it’s finished. It certainly blows SLS Brickell out of the water, something which I can relate to the naysayers about.

Anonymous
5 years ago

Well done Related!! good to sustain our downtown retail and offices…lets keep adding more residential so it becomes the vibrant walkable downtown Miami deserves to have.
Kuddos to Jorge Perez and Carlos Rosso!