The Residences at 1428 Brickell, a new condominium project that developer Ytech says is the first residential tower in Miami to incorporate solar-powered glass into the building’s design, has gone vertical after completing a foundation pour.
The 70-story tower started to rise at 1428 Brickell Ave. at the end of last month after the completion of the largest mat foundation pour in the Brickell financial district, according to Ytech. Led by Coastal Construction, the team deployed a record 1,300 cement trucks for the 13,000-cubic-yard pour, with 2,700 tons of reinforcing steel over 33 continuous hours.
“As we have with every other milestone on this project, completing the foundation pour on schedule was critical,” said Yamal Yidios, CEO of Ytech, in an email to CoStar News.
The construction milestone is the latest reached by developers at the southern end of the Brickell financial district, where multiple towers are under various stages of development. Mast Capital, the previous record holder for largest foundation pour in the neighborhood, has long since gone vertical on Cipriani Residences, an 80-story branded condo tower. And across the street from the Residences at 1428 Brickell, Rilea Group and Santander Bank have wrapped up demolition of an old office building to make way for a new 41-story tower.
Unique to the Residences at 1428 Brickell, however, is the 860-foot-tall tower’s so-called solar backbone. Comprising 500 photovoltaic-integrated windows along the tower’s western façade, the system is expected to generate up to 175 megawatts of clean energy annually.
According to the developer, the inclusion of the photovoltaic glass is expected to eliminate 4,700 tons of carbon dioxide byproduct, saving approximately 3,000 barrels of oil annually.
Slated to open sometime in 2028, the tower is expected to offer 195 residences, with two- to fourbedroom floorplans. The tower is currently 60% sold, with remaining units starting at $4.4 million. Sales are led by Cervera Real Estate.
Demand for new luxury condominiums remains strong in Miami. According to the latest figures from the Miami Association of Realtors, sales for condos over $1 million have increased 10.8% as of August, compared to the same time last year. Sales for ultra-luxury units that are $5 million or more have increased 11.8%, the association reports.