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.”
Ocean Drive recently sat down with Ugo Colombo to discuss his latest project, the 64-story Brickell Flatiron that will soar 700 feet, have a rooftop pool, spa, and fitness center, include artwork by Julian Schnabel, and will have an unobstructed 360-degree views over glistening Biscayne Bay and downtown Miami.
Marcelle Sussman Fischler begins by discussing Ugo Colombo’s CMC Group and his history of successes in Miami including Epic Residences & Hotel; the Bristol Tower on Brickell Avenue; the posh Santa Maria; Aventura’s chic Porto Vita; and The Collection, his seven-brand luxury automobile dealership.
Fischler asks Ugo Colombo about his ethos when conceptualizing a development, the influence of the Miami culture on design, and his thoughts on the supposed real estate bubble. Fischler also specifically asks Colombo about his passion for Brickell Flatiron.
“I always thought what you see happening now [in Brickell] would eventually happen,” begins Colombo. “This is a little piece of New York inside Miami. You are in an area where you are walking distance to go to work, you have access to tons of restaurants, you have access now to department stores and a bit of retail within a few blocks. You have the best restaurants, all moving to this area. You have access to the Metrorail, and you have access to the offices in the Financial District.”
A recent article from Ocean Drive highlighted Aspen as a guide for a getaway. In the article, they spoke of Ugo Colombo’s relationship with Aspen. Ugo Colombo and his wife Sara Colombo often traveled there as avid skiers, and eventually purchased a house there. Ugo Colombo realized that the warmer months were equally as enjoyable as winter if not more so. “It’s a very healthy lifestyle. The restaurants and shops are of high quality, and it doesn’t have a highway running through the middle of it, like Vail. It’s a cozy mountain town and is more difficult to access, which makes it exclusive.”
Read the full article about Ugo Colombo and his view on Aspen at Ocean Drive.