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Brickell
The Starlite Motel in Brickell has sold for $25 million according to The Real Deal.
The two story motel was purchased by Optimum USA Brickell 2 LLC.
The property located at 128 SW 7th St. is one block West of Brickell City Centre, which is under construction.
This afternoon workers began putting the American flag on the top of Brickell City Centre's Hotel East, meaning that the tower has officially topped off.
The roof's incline can be seen clearly where it leads to the rooftop pool.
The second tallest crane on the tower has begun the process of coming down.
Rise Brickell City Centre will be the next of the three tower that will top off next, which should be in the next few weeks.
Previous photos of Brickell City Centre construction can be seen here.
The metromover is a free transit system in Downtown Miami that connects the Brickell, Park West and Omni neighborhoods. It opened in 1986 with the Brickell Loop opening in 1994. The stations are easily assessable and the metromover provides an excellent way for exploring Downtown Miami.
Future Site of One Brickell
Related Group will buy over 850,000 square feet of development rights for it's One Brickell project at 444 Brickell Ave., according to The Next Miami. This means Related will have to pay $15 million to the city for the extra density.
One Brickell will still meet the 50 foot set back that will connect the riverwalk underneath the Brickell Avenue Bridge.
Construction will begin sometime in 2015.
Related Group will break ground on two buildings today, the SLS Lux Hotel & Residences in Brickell and One Paraiso in Edgewater. SLS Lux will start first at 11:00 AM followed by One Paraiso at 12:30 PM.
After starting construction in September, Brickell Flatiron will be opening their sales center later this week. The sales center was designed by Julian Schnabel who will also design the condo public spaces.
The 65 story condo developed by CMC Group is located at 1001 South Miami Ave and just a few blocks from Brickell City Centre.
While the sales center is located at Flatiron Park the actual condo will be built just North of it past the metromover tracks.
Groundbreaking is expected to begin by early 2015.
Former Los Angeles Dodgers owner Frank McCourt is partnering with Tibor Hollo's Florida East Coast Realty to develop Villa Magna, according to The Real Deal.
Villa Magna sits on 2.5 acres of waterfront land in Brickell that is currently being used as a parking lot.
The site can be developed for two 60 plus story condominiums at 1.8 million square feet. Early renderings of the project can be seen at The Next Miami.
