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Brickell Financial Centre

Brickell World Plaza
Brickell Financial Centre I (Brickell World Plaza) March 2011.JPG
General information
Status Complete
Type Office
Location 600 Brickell Avenue, Miami, Florida, United States
Construction started 2006
Completed 2011
Opening December 2011
Height
Roof 520 ft (158 m)
Technical details
Floor count 40
Floor area

1,089,391 square feet (101,208 m2) total

614,905 sq ft (57,127 m2) leasable
Design and construction
Architect RTKL Associates Inc.
Developer Foram Group
Brickell Financial Centre II
General information
Status Approved
Type Office
Location 600 Brickell Avenue, Miami, Florida, United States
Height
Roof 903 ft (275 m)
Technical details
Floor count 68
Design and construction
Architect RTKL Associates Inc.

1,089,391 square feet (101,208 m2) total

The Brickell World Plaza, also known as 600 Brickell, and formerly known as the Brickell Financial Center, is an office skyscraper in Miami, Florida, United States in the Downtown neighborhood and financial district of Brickell at 600 Brickell Avenue. The former Brickell Financial Centre Phase I, the Brickell World Plaza, is a 520-foot (160 m) skyscraper, one of the tallest buildings in Miami. The building contains 600,000 square feet (56,000 m2) of leasable floor space, an eleven story parking garage with 927 spaces, and a 30,000-square-foot (2,800 m2) ground level public plaza, and was also supposed include an outdoor area with a stage. 600 Brickell is located between the Fifth Street and Eighth Street Metromover stations.

The 40 story building was topped out in early 2009 but construction was suspended or greatly slowed, as the building was still not completed over two years later as of March, 2011. The building lost an anchor tenant, a law firm that had a 58 million dollar, 10.5 year lease for 15 percent of the building (115,000 sq ft), in early 2009.

With the new name of Brickell World Plaza, the building has a scheduled opening date of August 2011. The building developers, the Foram Group, have claimed that this slowed construction was strategic for the purpose of detail and that after completion they will move their corporate offices into the building. However, the near halt in construction and the loss of a major tenant suggests that the delay was not strategic, but due to the 2008 economic crisis and the falling demand for office space due to the excessive construction in Miami at that time.

Early in 2011, 600 Brickell got a $130 million construction mortgage loan from Los Angeles based Canyon Capital Reality Advisors that will fund the rest of the construction. This was one of the largest loans issued in the city of Miami since the real estate crisis.


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