Swire Properties, the developer of Reach and Rise Residences at Brickell City Centre, has announced that it has sold all units at both luxury condominium towers in Miami. ISG World was the exclusive brokerage for Reach and Rise Residences which are a mixed-use property of Brickell City Centre developed in 2014 and are the perfect embodiment of Brickell’s live-work-play lifestyle. The buildings reached 90% sold in March of 2021 with the remaining 10% sold by mid-May. 

Photo Credit: Swire Properties / Lifestyle Productions Group

“Swire Properties is delighted to sell the remaining inventory of 81 units to respected investors KAR Properties and Fortune International Group, in a significant transaction that reflects their shared commitment to this outstanding product and belief in Brickell City Centre,” said Kieran Bowers, President of Swire Properties. “We are grateful for our sales team at ISG World for their role in this sell-out and thank them for their dedication to the development. Swire Properties will continue to invest in Brickell over the coming years and attention will now turn to the development of the remaining phases and parcels surrounding Brickell City Centre.”

Photo Credit: Swire Properties / Lifestyle Productions Group

Fortune Development Sales will lead efforts in selling the 81 units purchased. They along with KAR Properties has chosen to invest in Swire Properties as they believe in their residence’s prime location and elite quality. Though the units are sold, they will continue to be managed by KW Management who will provide residents with the vibrant and modern residential living environment they have come to expect.

Photo Credit: Swire Properties / Lifestyle Productions Group

“Brickell City Centre has enhanced Miami’s Brickell neighbourhood, bringing high-end retailers, global cuisine and entertainment to the community. As Miami’s global appeal and market demand rises, real estate continues to be a smart investment option,” says Edgardo Defortuna, President and CEO of Fortune International Group. “Our firm has had long-term success in the industry with a strong grasp on what is happening in the South Florida market. It is clear Swire Properties has developed a landmark destination for the community.”

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Luxury building Monad Terrace introduces its latest residence, located within a stand-alone 6-story building and featuring interior furnishings crafted in Italy by furniture and design house MORADA-Haute Furniture Boutique.

Taking inspiration from the building’s architect Ateliers Jean Nouvel, MORADA selected hand-crafted furniture that mixes Italian leathers and stones with the light and airiness of the building’s design, and the lush climbing gardens of native Bougainvillea and Passion Vines. This is in the same spirit that Nouvel created at Monad Terrace, where he interplays nature and the indoors.

Photo Credit: Monad Terrace, JDS Development Group

“We wanted to transform the space into a personalized ambiance that invokes all of the senses while honoring Nouvel’s innovative design,” said MORADA founders Fernan Hernandez and Holger Odenstein. “With this residence, we are telling a story that fuses timeless shapes and materials with natural features for a flawless Oasis on the Bay." 

This juxtaposition of indoors and outdoors is manifested perfectly in Residence 1A of the new building. This three-bed, three-and-a-half-bath home has 3,892 square feet of space and is right on Monad Terrace’s signature lagoon. The expansive waterfront terrace and light, open floor plan really encapsulates the indoor-outdoor living experience for the owner. 

Photo Credit: Alexia Fodere for Monad Terrace and MORADA-Haute Furniture Boutique

“MORADA’s design team was able to exquisitely complement the brilliant architecture and craftsmanship at Monad Terrace, evoking a sense of serenity and capturing a distinctive lifestyle that can’t be found anywhere else,” said Michael Stern, the project’s developer, and Founder/CEO of JDS Development Group.

Monad Terrace is comprised of 59 light-filled waterfront residences specifically designed by Ateliers Jean Nouvel. The newest building is a continuation of the luxurious and elevated living areas invented by the first. 

Photo Credit: Alexia Fodere for Monad Terrace and MORADA-Haute Furniture Boutique

Owners at Monad Terrace have access to superior amenities and features including private elevator access, in-house concierge, a sun deck with a 116-foot swimming pool and hot tub overlooking Biscayne Bay, valet parking, a café and juice bar, a wellness center, private dock, and a bicycle and water sports storage room.

The residence is located at 1300 Monad Terrace in Miami Beach. Sales and marketing are managed exclusively by Douglas Elliman Development Marketing. For more information, please call 305.695.0888 or visit monadterrace.miami.

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