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Announcement

Baccarat Hotel & Residences coming to Brickell!

By
Cashflow In Miami
on
March 16, 2021

Related is the developer.

The project, formerly known as One Brickell, will include three towers and retain Arquitectonica as the architect.

The towers will rise 57 stories, 77 stories, and 82 stories, according to the website.

In November, the developer obtained FAA approval to build three towers on the property:

  • Tower I (550 feet above ground, 554 feet above sea level)
  • Tower II (828 feet above ground, 832 feet above sea level)
  • Tower III (877 feet above ground, 881 feet above sea level)

According to a 2014 submission to Miami’s planning department, the project will include:

  • 1,400 residential units
  • 249 hotel units
  • 41,272 square feet of office space
  • 24,263 square feet of retail space
  • 1,993 parking spaces

The tower with the the hotel units is the tallest of the three.

The developer recently agreed to pay $519,992 to the Miami-Dade school board for concurrency for 1,400 apartments.

John Moriarty & Associates is the contractor listed in the permit.

A riverwalk is also planned behind the towers.

The CEO of Baccarat operator SH Hotels is Arash Azarbarzin, a founder of SBE Hotels. Related and SBE were partners on projects including multiple SLS and Hyde properties in the Miami area.

Barry Sternlicht, a Miami resident and founder of Starwood, is the chairman of SH.

...

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