Thursday, January 29, 2009

Downtown Miami's 1450 Brickell Office Tower "Tops Off" At 35-Stories

Rilea Group's 586,000-SF 'class-A' office toweron track for January 2010 completion

MIAMI, FL – Jan. 29, 2009 – 1450 Brickell, (top right photo) a 'class-A' office tower currently under construction at the entrance to downtown Miami's Brickell Financial District, reaches an important milestone on January 30 when it tops-off construction at 35-stories.

The occasion will be celebrated during a special 'topping-off' party held at the 1450 Brickell construction site at 1 p.m.

The 586,000 square-foot tower is scheduled for delivery in January 2010, when it will become the first of three new downtown Miami office buildings to come online next year.

Following its completion, 1450 Brickell will make headlines again by becoming Miami's first LEED Gold-certified office tower (the building earned LEED Gold pre-certification in 2008).

In addition to its environmentally-sound design, 1450 Brickell has earned high marks for its construction quality. The entirety of the Tower's exterior will be clad in high-impact resistant glass offering sweeping views of Biscayne Bay, Brickell Avenue, and the city of Miami.

Further, 1450 Brickell's safety installations will remain functional during a power outage, thanks to a generator that will run the air conditioning system for humidity control and enable tenants to utilize lighting and electrical power for their basic needs.

Alan Ojeda, (middle right photo) CEO of Rilea Group, the Miami-based development firm responsible for building 1450 Brickell, believes the Tower's construction and location set it apart from other projects underway in downtown Miami.

"We conceived and designed 1450 Brickell with two words in mind: 'quality' and 'convenience,'" said Mr. Ojeda.

"Now that we're one year out from completion, I can say with certainty that the Tower's quality of construction will be matched only by its convenient location and accessibility. The building's surroundings offer tenants a mixed-use setting unique in the Miami marketplace.

"The Brickell Gateway neighborhood is home to more than 30,000 square-feet of retail space and nearly 30 retail businesses within walking distance of 1450 Brickell's front door, making location one of its many advantages.

Beyond the prevalence of retailers surrounding 1450 Brickell, the Tower benefits from traffic-free roads, direct access to I-95 and close proximity to public transportation.

In addition to 586,000 square-feet of 'class-A' office space, 1450 Brickell is adjacent to One Broadway,(bottom left photo) a luxury apartment building developed by Rilea Group in 2006, which is home to 371 rental units and ground floor retail.

For One Broadway apartment leasing and information call (305) 374-1660 or visit http://www.onebroadway.com/. For One Broadway retail leasing, contact Jonathan Carter of Cushman & Wakefield at (305) 371-4411.

1450 Brickell is a 35-story, 586,000 square-foot 'class-A' office tower in downtown Miami, Florida's Brickell Financial District.

The building offers both commercial office and ground-level retail space and is located in one of the neighborhood's least congested areas, offering convenient in-and-out access, as well as some of the area's best views of Biscayne Bay.

The tower, which is downtown Miami's first pre-certified LEED Gold 'class-A' office building, offers flexible floor plates ranging in size from 24,000 square-feet to 25,600 square-feet. 1450 Brickell is slated for completion in January 2010. Learn more at http://www.1450brickell.com/.

Miami, Florida-based Rilea Group is a full-service real estate development company that has been developing real estate projects in South Florida since 1981.

The company has experience in all facets of real estate, including development, construction, leasing, and management. Past projects include Miami's Mellon Financial Center and One Broadway.

Currently, Rilea Group is constructing 1450 Brickell, a 35-story, LEED Gold Certified 'class-A' office tower in Miami's Brickell Financial District. Visit http://www.rileagroup.com/.
Media Contacts:
Schwartz Media Strategies
Tadd Schwartz: (305) 807-3612
Aaron Gordon: (305) 962-3292

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