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Magnus Brickell Opens: Miami’s Largest Mixed-Income Tower Brings 465 Units to Brickell

Traded Media
by Traded MediaShare
Florida
Multifamily

Key Points

  • 465 Units: The 29-story Magnus Brickell offers a mix of affordable, workforce, and market-rate apartments.

  • Community Integration: Includes a site for a new K-8 public school, enhancing neighborhood infrastructure.

  • Public-Private Partnership: Developed by Related Group in collaboration with Miami-Dade County and Public Schools.

The skyline of Miami's Brickell neighborhood has a new addition: Magnus Brickell, a 29-story mixed-income residential tower. This development not only adds 465 apartments to the area but also integrates community-focused amenities, including a forthcoming K-8 public school. Developed through a public-private partnership, Magnus Brickell aims to address housing affordability while enhancing urban living.

A New Benchmark in Mixed-Income Housing 

Magnus Brickell stands as Miami-Dade County's largest single-phase mixed-income residential project to date. Located at 201 SW 10th Street, the tower offers:

  • 93 affordable units for households earning up to 50% of the Area Median Income (AMI).

  • 70 workforce units for those earning up to 140% of AMI.

  • 302 market-rate units, providing options for a diverse range of residents.

This blend aims to foster an inclusive community within one of Miami's most dynamic neighborhoods.

Amenities That Enhance Urban Living 

Residents of Magnus Brickell have access to a suite of amenities designed to complement the urban lifestyle:

  • A resort-style swimming pool and expansive sun deck with panoramic city views.

  • State-of-the-art fitness and wellness centers.

  • Coworking spaces equipped with Wi-Fi and a podcast studio.

  • Pet-friendly areas and a game room with a billiards table.

These features aim to provide comfort and convenience, meeting the needs of modern city dwellers.

Strategic Location and Community Impact 

Situated in the heart of Brickell, Magnus Brickell is a transit-oriented development:

  • Proximity to Public Transit: Located within walking distance of light rail transit options, facilitating easy commutes.

  • Educational Infrastructure: The inclusion of a site for a new K-8 public school underscores a commitment to community development.

  • Public Parking: The project includes 59 public parking spaces, addressing local transportation needs.

By integrating residential, educational, and transportation elements, Magnus Brickell exemplifies holistic urban planning. The development represents a significant step forward in addressing Miami's housing challenges through innovative public-private collaboration. By offering a range of housing options and integrating community amenities, it sets a precedent for future developments aiming to balance growth with inclusivity. 

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