Brickell City Centre’s mall saw fast growth last year, according to an earnings report released by developer Swire Properties earlier this month.
For the year ended December 2018, retail sales at Brickell City Centre rose 153.4% compared to the prior year, the developer said.
Many major tenants were not open in 2017 however, and Swire does not release exact sales figures.
The mall opened in November 2016. Tenants that opened later include:
- Apple Store (March 2017)
- CMX Theater (April 2017)
- Zara (December 2017)
- Casa Tua (December 2017)
- La Centrale (February 2018)
Occupancy as of December 31, 2018 was 89%, including space reserved for tenants by Letters Of Intent. By comparison, occupancy on December 31, 2017 was 88%.
Another new tenant could be Sunny Poke, which is penciled in to open on the fourth level near the CMX theater, according to a leasing plan released separately.
Swire told shareholders that condo sales are continuing. At the Rise condo building, 248 of 290 units are now sold at prices in the upper $600s per square foot as of January 25, an increase of 22 compared to the 226 that were sold on July 27, 2018 (the number was 237 on November 2). No new units were sold in the Reach tower, where 363 of 390 units are sold.
