Part of Ugo Colombo‘s under-construction Brickell Flatiron building located at 1001 South Miami Avenue in Miami includes 24,800 square feet of retail and/or restaurant space on the ground floor. The rest of the building will house 549 condo units, and construction is expected to be completed by 2019.
The retail/restaurant space is now under contract for $22.5 million by Elysee Investments, a firm which owns and manages a portfolio of commercial properties in both
New York and South Florida. The space includes high ceilings and will be attractive to some of the best restaurants in the world.
The Brickell area is seeing an infusion of new shops and restaurants, between the Brickell Flatiron space, Brickell City Centre, and other properties. Ocean Drive magazine says that “Brickell is now, unequivocally, the center of Miami. It is the heart of the city’s financial, residential, and soon, commercial, universe.”