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Swire nabs TCO for Rise, Brickell City Centre’s second condo

Aerial shot of the completed Rise, left, and renderings of the building's lobby and pool deck, right (Inset: Swire Properties President Stephen Owens)
Aerial shot of the completed Rise, left, and renderings of the building's lobby and pool deck, right (Inset: Swire Properties President Stephen Owens)

Brickell City Centre’s Rise condo tower is now open for business.

Developer Swire Properties announced Friday that it has received a temporary certificate of occupancy for the 43-story tower, which allows buyers to close on their units and move in.

The announcement signals that the residential portions of what is currently Miami’s largest mixed-use development are finished. So far this year, the project’s East, Miami hotel, Three Brickell City Centre office building and Reach condo tower have opened.

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Both Reach and Rise have 390 units priced between $595,000 and $2.7 million. According to a second-quarter report from brokerage ISG, Reach is 90 percent sold and Rise is 45 percent sold.

The units are being delivered move-in ready and have access to amenities including an on-site concierge, fitness center, half-acre amenity deck with lap and social pools, plus a 24-hour valet.

Swire now has two major sections of the $1.05 billion development left to complete: the 500,000 square feet of retail space, slated to open in November, and Two Brickell City Centre, the unfinished office tower where co-working giant WeWork just signed a lease. — Sean Stewart-Muniz

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