Haute Residence’s Downtown Miami Real Estate Panel
Haute livingThe “Luxe And Leisure Weekend” was a weekend where guests, as partners of Haute Living and Brickell City Center, enjoyed a weekend of luxury together to showcase a series of curated events with some of the world’s largest luxury watch brands. Automotive, fashion and culinary industries. One of the many highlights of the weekend was a special real estate panel for the Haute Residence on the future of downtown Miami, which took place in the Rise Tower at Brickell town center.
The panel was moderated by Related ISG‘s Alex Vidal and included real estate powerhouses like Douglas Elliman‘s Cecilia Hinojosa, Related ISG‘s Craig Studnicky, A sotheby‘s Harvey Daniels, Engel & Völkers‘ Magnus Jennemyr, and compass‘ Andres Larin.
Many interesting points about downtown Miami were raised during the discussion. Those present who live downtown may have agreed with many of the observations and predictions that have been put forward.
One point that came up in the conversation was that the inner city was becoming more interconnected than ever. Harvey Daniels explains, “There was always a pause … and now there is connectivity, a flow of retail stores and restaurants.” If you’ve been to downtown Miami recently, you’ve seen the scooters that downtown residents and visitors use to maneuver within short distances from various downtown facilities. With new buildings and restaurants being built, residents are just feet from downtown museums and restaurants that bring the community closer than ever.
Many real estate professionals found that 10 years ago no one wanted to live in downtown Miami. Andres Larkin talked about being in Miami for about 10 years and said, “We have now achieved this work, play lifestyle.” One appealing quality that developers are taking note of is the creation of workspaces in their buildings. With spaces to work and live in, buyers feel more inclined to rent or buy because they don’t have commute time and are given a space to live and work in a building.
Panellists noted that downtown Miami, like New York City, is getting bigger. Like New York City, downtown Miami is creating more public spaces for people to participate in outdoor yoga, as well as various entertainment shows that appeal to everyone. With places like Brickell City Center, home to farmers markets and other community activities, downtown residents can feel more connected to their neighbors like never before.
The discussion ended with giving Miami an age if it were a person. Many said Miami was a mature woman in her thirties, while Cecilia Hinojosa thought Miami was “timeless.” Miami, especially downtown, is maturing. It’s no longer just a place to go out and go on weekends. Downtown Miami has something for everyone. For the entrepreneur who wants to live close to their business, for the family who wants to drop their car to live in a more pedestrian-friendly environment, to be in the mix of things. There is a neighborhood for everyone in Miami. More and more buyers see the growth in the city center in recent years and want to be part of it. For those looking to shop in downtown Miami, it is definitely the best time to do so. Downtown Miami becomes the hub for all things. As developers draw shoppers’ attention when they look downtown, more and more people will realize that there is a place for them in the downtown area.
The evening ended with a cocktail hour in one of the Rise Tower penthouses, where attendees could enjoy the breathtaking view of the Brickell district in downtown Miami. Here the guests could experience first hand what the city center is all about. With residential properties like the Reach and Rise Towers of Brickell City Center, shoppers can be in the midst of great retailers, restaurants, and amenities that give them the luxurious Miami lifestyle.
Photos courtesy of Romain Maurice