The skyline’s silhouette is complemented by a surplus of shopping destinations, fine dining establishments, lavish hotels and trendy art galleries. These skyscrapers, which house both luxury condominiums and headquarters of major multi-national corporations, play a critical role of providing employment to over 104,000 people on a daily basis. This area alone comprises over 18 million square feet of office and retail space.
If the hustle and bustle of the Downtown Miami scene gives the allusion of all work and no play, do not be mistaken. Downtown’s nightlife stays alive well after happy hour, being sure to keep party hoppers satisfied with a wide assortment of hip lounges and clubs. The development of Mary Brickell Village has become a destination for residents of this area in particular for food, drinks and fun. The new Brickell City Centre is a landmark $1.05 billion, 4.9 million square-foot, mixed-use development, featuring a 500,000-square-foot luxury and premium retail center.
Tourism destinations like Port of Miami alongside local favorites like American Airlines Arena, home to the Miami Heat; century-old buildings among new pockets of young residents who call the neighborhood home.
Our urban center also holds its own share of cultural experiences. As one of Miami’s key attractions amongst visitors is the Port of Miami, located in the Downtown area, and serves more than 3 million passengers per year and constitutes the number one cruise port in the world. Guests and residents alike enjoy the stimulating cultural experiences offered by the likes of the Perez Art Museum Miami (PAMM), the Miami Children’s Museum, the Adrienne Arsht Center for the Performing Arts, which includes the 2,400-seat Ziff Ballet Opera House and the 2,200-seat Knight Concert Hall, and now, the stunning new Phillip and Patricia Frost Museum Of Science. For the avid sports lover, visit the American Airlines Arena, home to the beloved Miami Heat basketball team. The arena is located next to Bayside Marketplace, a 20-acre waterfront retail complex that has become one of South Florida’s number one tourist destinations.
The Miami real estate world is abuzz with the news of three incredible impending sales in Miami-Dade County, one of which, when closed, will be the highest sale in Miami’s history! The sale of 3 Indian Creek Drive (listed with Coldwell Banker) is record breaking at a selling price of $47 million. Two additional sales in Gables Estates and the St. Regis Bal Harbour are also rumored to close for $25 million each. The news of these sales has spread like wildfire through email and across social media such as Facebook (and now JustAskBoo!). These three sales will leave an indelible mark on Miami real estate and in the post-crash market, will leave little doubt that the Miami luxury market is back!
