Miami Commissioners Approve Four Residential Towers in Brickell

In the heart of Brickell, a significant financial move was made last month as county commissioners greenlit the development of four prominent towers on a single block.

This decision, made on September 20 during a session of the Miami-Dade Zoning Board, paves the way for Sentral, Menesse, Westpine, and Calle 8 towers.

Cumulatively, these ventures will usher in an impressive 1,995 residential units across the five towers.

In a strategic move, the developer behind Menesse has entered into a covenant, committing to a significant contribution to enhance Brickell's mass transit infrastructure. This agreement, formalized on October 18, entails Menesse Brickell LLC allocating $350,000 towards the refurbishment of the Brickell Metrorail and Metromover stations. This contribution will be made before the issuance of the building permit.

Furthermore, in a nod to sustainable urban development, the developer has pledged to reserve a minimum of 5% of the residential units for workforce housing. This initiative targets households earning between 60% and 140% of the area's median income and will be in effect for two decades post-TCO issuance.

The administrative review of the tower's site plan is currently in progress, and the financial world watches with bated breath as Brickell continues to evolve.