With 97% Of Units In Contract, Bond On Brickell Tops Off

The Bond on Brickell Condominium has topped off at 44 stories.

Hundreds of construction workers celebrated the event with a topping-off party held last week.

Most of the 328 units in the tower have been presold, with 97% in contract. Delivery is scheduled for the first quarter of 2016.

‘We designed The Bond to be an icon in the Brickell skyline,’ said Igor Reyes, Partner at Nichols Brosch Wurst Wolfe & Associates (NBWW). ‘As an urban gesture, the tower fulfills on many levels, contributing to a flourishing neighborhood that is quickly becoming extraordinarily dense.’

 

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Anonymous

“We designed The Bond to be an icon in the Brickell skyline”

How is this an icon? Its a pretty boring building.

Anonymous

And those stats are before the multitude of projects set to be completed in 2016 & 2017. Miami is going to be one of the densest cities in the country.

Anonymous

What does density have to do with the audacity of calling this an icon? I mean, I’m all for towers like this, but most of them would never have that kind of pomposity attached.

Anonymous

It was a glitch. Someone posted about the density of Miami comparing it to Tokyo, which the above comments were in response to. The comments were not directed at you :). Sorry

Anonymous

27th in the world for number of skyscrapers, 79th for number of high rises, and 8th largest metropolitan area in the country.

What are your standards at, Hong Kong?

Anonymous

I mean it’s not Tokyo but for a U.S. City Miami is definitely in the top five now for density

Anonymous

What a fluff statement:
“As an urban gesture, the tower fulfills on many levels, contributing to a flourishing neighborhood that is quickly becoming extraordinarily dense.”

Danny

Opening 1st quarter looks very tight if the aerial is to date.

Anonymous

Hopefully we can see Brickell FlatIron breakground soon.

Anonymous

Flatiron may not happen due to high construction costs and shortage of international buyers. The building is nice but it has no views as it’s cramped and surrounded on all sides. For the price per s/f buyers currently have much better options available,

MrDreTheOne

I hope developers run out of foreign buyers, so they can start building projects for Miami residents; you know those that don’t have 800K just laying around…

Anonymous

Why would you hope for that? Because you want to live in an area you cannot afford? People with money live in certain areas and people who don’t live in others. Miami has plenty of housing that is well under $800K. They are located all over, there is Hialeah, Kendall, Miami Gardens, etc, etc, etc…..

MrDreTheOne

No, I’m sorry I offended your false sense of superiority, but I’m referring to the indisputable need for more ndaffordable housing in the urban core and I’m not talking about condos for 100K I’m talking about buildings that offer units at reasonable prices ($250k to $450K) and are willing to work with responsible qualified individuals whom have to finance most of the price like a normal people; unless you live uer a rock, you know that Miami is one of the least affordable markets for individuals such as recent grads who after being employed should be able to afford to live in the urban core. Just so you know, I have property in both Brickell and the Beach, so it is not a personal problem of mine but it is a problem for most young professionals. If you want to have a vibrant and dense urban core you need to make it somewhat possible for educated middle class families to be able to live there.

Marc305

I for one think that Brickell is too congested already, bringing more affordable units on the market would definitely help Downtown and Midtown, but Brickell is vibrant already, even if most of the buildings are occupied by foreign investors. What we need now is a tunnel instead of that nasty bridge that is always up on Brickell Ave.

Miabroker305

Agree. Brickell will never be affordable and is already congested. If you want affordability concentrate more on the areas of Downtown, Midtown, and Little Havana. Built better transportation options and clean up the streets!

Anonymous

If you want a tunnel, then your taxes will probably go up drastically. Are you ready for that?

Anonymous

We can have a congested downtown, but not one which is virtually paralyzed each time a decrepit barge full of bicycles or a fishing yacht with just a few people on board wants to pass through. It will only get worse as they build more marine infrastructure up river and the numerous mega projects get built. We pay enough tools + taxes already to finance everything else. All the new construction also means new revenue. The riverboat traffic should also share the burden. So, plan and build the tunnel just like they did for the Port of Miami (which after much bickering is being hailed as a success).

Jacob

Thank you for this. Miami is wildly unaffordable for the vast majority of locals. I am fortunate enough to be comfortably middle class, but I certainly don’t have hundreds of thousands of dollars just sitting around to plunk down on a condo. Contrary to some beliefs, luxury can coexist with affordability.

Also, why is it that the snarkiest comments always come from the “Anonymous” users?

Anonymous

I agree that more reasonably priced housing options are necessary, but there really are quite a few options even in the urban core and just beyond. There is plenty of listings in the $250-450k range in Edgewater, Omni, Brickell, and downtown. Latitude, One Miami, Viscayne, Loft, Met 1, 500 Brickell, Platinum, the buildings by Margaret Pace Park, etc. Yes, you won’t get the newest pre-construction luxury building at those prices, but there are quite a few nice, almost brand new towers from the last cycle with units available, many sitting on the market for quite a while in that price range. Many even have nice amenities and views as well. I personally looked in that price range when buying and the main issue was banks refusing to lend, not a lack of choices. Get the banks to take the buildings off the do-not-lend blacklists and offer loans with reasonable down payments, and it would open the market up to many more young professionals who don’t have the means to do cash-only purchases.

Marc305

Best comment by far, you nailed it right in the head. Because of the last crash banks have gotten super strict and turn down many of our clients. You can argue that is a good or a bad thing, but that is definitely the reality.

Anonymous

Vue – Infinity – Axis The Mark. All in Brickell at your price range. Many more.

Anonymous

Diverse communities – you know, like a city.

Anonymous

“I hope developers run out of foreign buyers, so they can start building projects for Miami residents; you know those that don’t have 800K just laying around…”

How long do you think a brand new building with a condo unit starting out at 200k will stay at that price? Within four months, a buyer will want 225K. Within a year, they’ll want 300k.

See what I’m getting at? Everyone chases the dollar so don’t just point the finger at developers.

Anonymous

“Flatiron may not happen due to high construction costs and shortage of international buyers.”

I’m alway amused at the way some people will invent their own scenario to explain their reasoning for why the the Brickell FlatIron project won’t breakground. By your reasoning, places NYC and Chicago should be the least selling or can’t sell markets for highrises in the country.

Marc305

I have been doing Real Estate since 2001, exclusively in Brickell since 2009. We deal with developers all the time and I can tell you with 100% certainty that Flatiron will be built, 40 to 50% is already sold, at this point there is no turning back. Groundbreaking is scheduled for the last quarter of 2015 or the first quarter of 2016.

Anonymous

Marc305, there too many people in Miami who don’t have your credentials making comments because it is what “they think.” They don’t rub elbows with people in the realestate world the way you do so that they can make comments from facts. Naysayers who parrot other peoples comments are always predicting that the FlatIron project will fail to breakground.

“100% certainty” means – without a doubt. Let’s see who can refute you.

Anonymous

Sure thing, absolutely 40% sold (back in Jan.) or, is it 50% or, whatever number you can make up is fine…and cows can fly!

Anonymous

“Sure thing, absolutely 40% sold (back in Jan.) or, is it 50% or, whatever number you can make up is fine…and cows can fly!”

I you have exact totals, then give us the facts, other than that, you’re just doing what other’s are doing, “speculating.”

Anonymous

You forgot, conveniently, to include the rest of the quote from “some people”. If you like it so much you should buy it. I know I’m running away from that project as fast as I can.