The Residences at 1428 Brickell has hit two major milestones on the lead-up to groundbreaking. This week it was announced that developer YTech has secured $104 million in construction financing for the project just as the sales team has announced that over 40% of the 189 planned residences have sold.
Ytech has had an incredibly busy year with the project. Sales were launched in January of 2023, marking just over 1 year to sell almost half of the project. This is an astounding rate of absorption for preconstruction residences that begin at $2.4 million up to $7 million.
The construction site...
“Our objective was clear: to create one of the most exceptional penthouse residences in the world. The Penthouse at 1428 Brickell sets new standards in luxury living, not just in Miami but globally,” shared Yamal Yidios, CEO of Ytech….
1428 Brickell has unveiled its impressive new sales $20 million gallery this week, so what are our thoughts on the luxuriously innovative project as forward-thinking participants in today’s real estate market?
Miami is no stranger to cutting-edge ideas, expansive views, and luxury projects, so each new development must have something to set it apart from the rest. 1428 Brickell is going to be the first luxury residential high-rise in the world that is powered from …