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Brickell is Miami’s financial district and the second most important financial center in the nation. It has long been referred as the “Manhattan of the South” because it has the highest concentration of banks in the nation. It is a practically a self-sustaining community that has some of the finest, most elegant and iconic condos in all of Miami plus some of the areas best restaurants, stores and entertainment venues like El Tucan.
At the center of Brickell, lies Brickell City Centre, which is the new urban axis or core of Brickell. It is a high-end place to shop, live, dine and work. It is a planned core meticulously developed by Swire Properties. In Brickell, you will also find Mary Brickell Village, a lifestyle center with top-rate restaurants and shops.
To quote Ocean Drive magazine Feb 1, 2016 Why Brickell is Attracting Some of the Top Buyers in Real Estate, “Brickell is now, unequivocally, the center of Miami. It is the heart of the city’s financial, residential, and soon, commercial, universe, and it seemingly happened overnight. “By April 2010, when I took out the new management team for drinks, there was a happening scene at Mary Brickell Village, and those two residential buildings had half the lights on,” recalls Arriola, who feels moving his company’s headquarters to Brickell was the best decision they made. “I realized afterwards that the financial meltdown and real estate crash had been a great thing for Brickell to fulfill its destiny as a place to live, work, and play. ”The crash allowed an influx of young people, who originally couldn’t afford the high prices, to call the neighborhood home and make the area, for lack of a better term, cool. “We started off in 2009 with 62 percent occupancy, and that grew over the next four years to 95 percent occupancy,” says Alyce Robertson, executive director of Miami Downtown Development Authority (DDA), who estimates the current population base to be largely 25- to 44-year-olds. “There were virtually no condos left to be had.”