Brickell Downtown Fact Sheet

Brickell Downtown Fact Sheet

Brickell is a unique mix of financial center and residential development, allowing those who live there to walk to work and at the same time enjoy outdoor life or nights out in the area with bars and good restaurants. All without using the car.

Previously, the residential area was clearly separated from the commercial area, but with the construction boom, developers brought urban life to the area of ​​office buildings, turning Brickell into one of the most “Hip” areas of Miami.

Downtown Miami and Brickell have more than 57,000 residents and 3,500 employers.

With the urbanization of Brickell, the Merry Brickell Village was developed, a shopping center to provide more cosmopolitan recreation for the new residents of the area, while restaurants for all tastes were opened. Young professionals have turned this sector of the city into a genuine area to live and work, following a population study carried out by Goodkin Consulting in October 2011, which reflected that the average age of the resident is between 40 and years old. .​

The Downtown Miami market has been able to keep 95% of rental apartments occupied with an increase between 6%-10% in annual rent (Greater Downtown Miami 2015 Report).

One of the features of Brickell is access to the Metro Mover which gives this area a respite from traffic for those who want to avoid traffic.

Likewise, “Brickell City Center,” a $1.05 billion mixed property investment project, occupies 9 acres of property, and combines residential buildings, a hotel, office buildings, a shopping center, restaurants, etc. Brickell is definitely the place to buy for those looking for Urban Living or Investment Properties due to its high rental demand as around 2,600 new residents move in per year.

Brickell is the Second Financial District of the US as it has 60 international banks and more than 100 investment companies.


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