Tallest Residential Building South Of Manhattan Opening March 2018

Panorama Tower, the tallest residential building south of Manhattan, will open to residents beginning in March.

Other new details:

  • Rental prices average about $3 per square foot
  • Leasing broker Edgardo Defortuna thinks the building could eventually be converted to condos, according to The Real Deal
  • The Hyatt Centric Brickell hotel in the tower will actually open sooner, in February (the Hyatt website is not yet accepting reservations until May)

Square Footage and Pricing:

· One, two and three bedrooms available

· One bedrooms range from 1,134 to 1,153 square feet. Prices starting from $2,525.

· Two bedrooms range from 1,125 to 1,630 square feet. Prices starting from $2,758.

· Three bedrooms range from 2,175 to 2,191 square feet. Prices starting from $6,736.

 

 

Florida East Coast Realty Appoints Fortune Development Sales to Manage Leasing at Panorama Tower

Brokerage firm takes over leasing for the tallest residential building south of Manhattan

MIAMI – January 12, 2018 – Developer Florida East Coast Realty, LLC (FECR) is pleased to announce it has appointed Fortune Development Sales to take over the remaining leases at Panorama Tower. Fortune Development Sales’ Leasing Director Lorenzo Rodriguez will spearhead the leasing program. The renter demographic at Panorama consists of young professionals and families seeking a luxurious lifestyle and walkability in an urban downtown setting.

“We brought Fortune on board to tap into its extensive network in order to reach new prospects and carry out the remaining leases at this development,” said Jerome Hollo, Executive Vice President at FECR. “Panorama will encompass the Brickell lifestyle with an array of social, eco-friendly, business and wellness-focused amenities and facilities. We are confident the leaders at Fortune will bring us closer to completing the most anticipated, upscale rental in South Florida.”

Ranked as number the one firm for development sales and marketing in South Florida, the company’s remarkable success is a result of its steadfast commitment to best-in-class service and unparalleled market expertise.

“Fortune is both proud to represent Panorama as well as excited for the opportunity to add this fantastic multi-family project to our portfolio. There is no doubt there is strong demand for this type of product in today’s market and we look forward to a very successful lease-up,” said Edgardo Defortuna, President and CEO of Fortune.

Rising 868 feet over the Miami skyline, Panorama is an 85-story development comprised of 821 rental apartments. More than 90 percent of the residences will provide breathtaking water views. The development will offer a variety of amenities including: “Muse Room” for live music sessions; three private movie theaters with a mixing lounge; bayview yoga/pilates studio; spa and steam room; fitness center; and pet spa with grooming services and facilities for daycare and overnight boarding. In addition, Panorama will provide reduced rent to residents who do not own cars and electric car charging stations to support the environment and promote Brickell’s walkability. Move-ins are scheduled for March 2018.

For more information on Panorama Tower, please visit www.panoramatower.com.

About FECR

Since its founding over 60 years ago, FECR has been involved in the development of over 60 million square feet of residential, commercial, retail, and industrial space, with landmark projects from New York to Nevada and throughout Florida. Repeatedly shaping and shifting the contours of Downtown Miami, FECR has drastically changed its skyline. As the very first developer to see the benefits of urban living in Miami, FECR took a bold step into the future with the development of the Arts & Entertainment District featuring its Omni and Venetia projects, an undertaking that revolutionized the area and framed one of South Florida’s most important residential, trade, and recreation centers.

Throughout FECR’s extensive history, the company has built, owned, and managed a wide array of properties, and the company’s strategy for the future includes steady, continued growth in several real estate industries. In fact, the best is yet to come, with some of the largest and most electrifying projects that South Florida has ever seen, including the new One Bayfront Plaza, a signature mixed-use project of global stature, and The Towers by Foster + Partners, a luxury residential condominium development on Brickell’s last remaining waterfront site, which will be the tallest buildings in the Miami skyline.