Swire Looking To Buy More Development Sites In Brickell

Swire Properties is considering additional development properties in Brickell, according to the company’s CEO.

Guy Bradley told an investor conference last week that there are “lots of opportunities around Brickell that we’re busy giving serious consideration to right now.” Bradley said that he could not disclose the potential sites.

The company remains highly bullish on the future prospects for Brickell, and sees an especially big opportunity for office development, Bradley added.

Swire is planning a large office component at the upcoming One Brickell City Centre development, Bradley said. The company also owns another property just north of Brickell City Centre which is planned for condo development.

 

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Marc305
3 years ago

I am not sure if any representatives of SWIRE actualy read these comments but if they do, please consider purchasing the huge hole next to Infinity and SLS Brickell and build something iconic. The zoning allows for over 80 stories as well as massive retail. There is enough space to have both. The bottom floors could have stores and restaurants like Outback Steakhouse, California Pizza, etc. Best part is that it is right next to the Metromover and within a mile of BCC… Just my 2 cents.

Anonymous
3 years ago

Also, a huge parking garage please!!! Parking is a pain in Brickell.

Alpina
3 years ago

I think they are a little bit more interested in the sites sorrounding their project like the BK site, the site north of mall all the way to the river, the Oyster on The River entire block, etc. They have proven they can easily connect entire blocks and tide them together….and i am sure they can still make some improvements using the same idea to future expansions.

Anonymous
3 years ago

Yessss!! Retail in the first floor and then a big iconic office building on top! Please SWIRE buy this land!

Anonymous
3 years ago

But that huge hole was bought by the Chinese more than two years ago and they have plans to develop two very tall towers there…

Anonymous
3 years ago

No more.

Bibi
3 years ago

Thank you ! Plus this hole is ugly AF

Tomas Possenti
3 years ago

They could very easily buy the Burger King strip mall and request joining into BCC. There is already a second story potential for them to connect seamlessly and make it commercial instead of what they are trying to currently entitle on the property.

Anonymous
3 years ago

I agree with you…… will fit perfect also for condo offices

Anonymous
3 years ago

DENSITY DENSITY DENSITY DENSITY DENSITYYYYYYYYYYYY !!!!!!!!!!!!!
UUUUUUUUUUUUUUUHHHHHH !!!!!!!!!! WOW… I NEED A SMOKE.

Anonymous
3 years ago

Clamoring for parking….
Why?
That’s why Uber and Lyft exist.
Have you ever heard of metromover, trolleys and Metrorail?

Anonymous
3 years ago

Before too long it’s gonna be almost impossible to drive into or out of brickell…then what?

un-invasive species
3 years ago

then you walk just like in every other city

Anonymous
3 years ago

Poor people.

Bibi
3 years ago

What about someone who lives in Miami beach and works in Brickell ? No transportation… Uber everyday would be at least $15 per day.
Some Brickell condos don’t even have a parking. Parking is a real issue is this area.

LOL
3 years ago

Free or reduced rents?? Ones you signed a contract there is no chance of free or reduced rents…and most of the contracts were signed about two years ago. Now, when a mall opens with 80% of the stores being new for the market area, they are gonna take some time to start seeing numbers in blue; but they all know that. The same thing was the case for The Village of Merrick Park or even the Design District and it is basically the way retail works.
At the end of the day, Swire is not being affected by it; they have 97% occupancy. The 2nd anchor is about to open and it will generate a great deal of traffic.
As a matter of fact, much of the success of Swire has been because they buy when the time is right and they know that sooner or later, they will need to expand the retail portion north.
Regarding the condos, they are selling at slow rate but they knock they will have inventory ready to be sold in a couple of months when no inventory would be available in Miami and trust me…they can wait. They don’t think like you or me; they are more than ready to ride the wave and the other 100 waves that will come later.

Oscar
3 years ago

Your experience may have been different but I have absolutely seen opportunities to renegotiate contracts and reduce rents/fees. Sometimes for the landlord, renegotiating quietly is far more attractive than tenants breaking contract which can generate a lot of negative pr.

Oscar
3 years ago

Also worth noting that I have no direct knowledge of how BCC is performing or what Anonymous above is referencing — just speaking to my experience with regards to renegotiating rents.

Anonymous
3 years ago

Swire internally has struggled with leasing the retail and the condo sales are slowing down, I doubt they will be doing anything notable for at least another 2 years. Dust needs to settle at BCC

Anonymous
3 years ago

Struggled with retail? They have leased 99% of available space. What are you on about.

Anonymous
3 years ago

A majority of the stores have negotiated free or reduced rent concessions because their sales are that low.The food and beverage store fronts are fine, its the soft goods that are struggling with a few bright spots ( Sephora, Intermix) I promise you at minimum 1/3 of the tenants wont be there in five years.

Anonymous
3 years ago

Food mix is horrible
There is a cafe there with horrible stuff and I’m sure to find better pastries and bread in Tegucigalpa

SRS
3 years ago

Yeah i know which cafe you are talking about but the restaurants are good; i definitely wouldn’t say the food mix is horrible. Besides, the first food hall in Miami is about to open.

Anonymous
3 years ago

Horrible, poor choice for a cafe in the heart of the financial district. It’s pathetic. I went in thinking “great, I’m going for a croissant and coffee but walked right out. Are these people in their right minds?

Anonymous
3 years ago

A mall of this caliber and you can’t find a decent place to have a decent pastry, baked good. To me spells disaster

Anonymous
3 years ago

Cinnabun, Auntie Annes needed.

Anonymous
3 years ago

yayyy !!! more corporate shit chains !!!!!

Anonymous
3 years ago

Have to agree
This will not improve anytime soon. There’s little traffic, nobody knows about it, there aren’t enough hotels in the area yet for this and remember, locals aren’t going to fight traffic and parking headache

Anonymous
3 years ago

Says who?

Anonymous
3 years ago

I think Taco Bell has better stuff than the Parisian (sarcastically speaking) café at BCC

Anonymous
3 years ago

There should be a Paul or anything, not pastries similar to what you get at a greasy joint on Flagler and 12 Ave

Anonymous
3 years ago

Relax…. big brands can afford to be there and want to be there….. is a must be location , like Lincoln Road and Sobe ……

Anonymous
3 years ago

because that’s what the world needs… more big brands and chain stores. mmmmmboy !