MIAMI—Le Parc at Brickell, 128-unit luxury condominium in Miami's Brickell Financial District, just topped off at 12 stories. Miami-based ALTA Developers is developing the asset.

Le Parc at Brickell is set to come online in the fourth quarter of 2015. It will offer one-, two-, and three-bedroom residences, including studios and two-story townhomes.

“Le Parc at Brickell is offering a true boutique residential living experience near the heart of the bustling Brickell Financial District,” says Henry Pino, partner of ALTA. “The building's prime location—just a couple of blocks from Brickell Avenue—gives residents a quiet neighborhood feeling in the middle of a cosmopolitan city.”

Located at 1600 Southwest 1st Avenue, Le Parc at Brickell is billing itself as the best value in Brickell without skimping on amenities. Preconstruction condos range from the low $300,000s to the mid-$700,000s. The development currently is about 85% sold.

“Le Parc's enviable location and affordable pricing is attracting smart buyers who don't want to sacrifice beautiful, unobstructed park views or luxury amenities,” says Raimundo Onetto, partner of ALTA. “Le Parc is next to the historic Simpson Park and within walking distance to Brickell City Centre, as well as a variety of shopping, restaurants and public transportation options.”

ALTA also recently topped off construction at The Mile, a luxury multifamily building under development in Coral Gables in partnership with Greystone Properties. The firm also delivered Baltus House, a 167-unit condominium in the Design District co-developed with Related Group. Other projects currently underway include Neovita Doral, One Paraiso, and 3900 Biscayne.