Publication: Skyrise Cities
Author: Marcus Mitanis
A 1.23-acre development site on Southwest Ninth Street between Second and Third Avenues in Miami will give way to one of the city’s most future-minded developments. The Santiago Vanegas-led Habitat Group has envisioned Smart Brickell, a new three-tower project positioned to address the challenges prevalent in an ever-densifying urban centre like Miami.
The first tower in the development is over 50 percent sold. When ready in 2020, the complex will feature 170 condominiums and 150 hotel rooms across its three towers. Fully furnished condominiums are being priced from $318,000 to more than $400,000, ranging in size from 558 to 1,117 square feet. Commercial space will line the ground floor — early plans indicate the inclusion of a healthy dining concept.
“Our goal is to develop a new Brickell for a new generation,” explains Santiago Vanegas, President of Habitat Group. “We want to lead the pack for futuristic living in Miami. Combining the elements of Smart Use, Smart Design and Smart Technology, we are providing a Smart solution to residents and guests in Miami.”
A two-year fixed annual leaseback program will ensure two years rent at a fixed rent. Owners will also be able to utilize home-sharing applications like Airbnb to legally rent out their units up to 24 times every year. Each home in Smart Brickell is outfitted with integrated technology and amenities, including wi-fi enabled elements that control the built-in Nest and Alexa from a smart phone screen.
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