MIAMI—Call it a milestone for Downtown Miami's residential market. The first condo planned for Brickell Avenue since the recession just topped-off construction at 44 stories.

Rilea Group and MDR Toledo are developing The Bond on Brickell, a 328-unit luxury tower under located at 1080 Brickell Avenue in the Brickell Financial District. Scheduled for delivery in the first quarter of 2016, the project is already nearly sold out, with 97% of the building's condo units under contract.

“We launched The Bond on Brickell at the beginning of Miami's current development cycle because we were bullish on the Miami economy, the Brickell brand, and the development and sales team we assembled,” says Diego Ojeda, vice president of Rilea. “Buyers from more than 25 countries around the world responded by purchasing nearly all of the available units more than six months before delivery.”

Architecturally conceived by Nichols Brosch Wurst Wolfe & Associates (NBWW), The Bond will feature one, two and three-bedroom condos, as well as exclusive lofts and penthouses. NBWW designed the building to conform to the midblock characteristics of the site, filling in the void in the sky and creating “living blocks” that are outlined within the mass of the building. Mexico's Loguer Design designed the interiors, will include hand-stitched leather and suede walls and classic tufted sofas, to pinstriped granite floors and custom-designed water features.

“We designed The Bond to be an icon in the Brickell skyline,” says Igor Reyes, a partner at NBWW. “As an urban gesture, the tower fulfills on many levels, contributing to a flourishing neighborhood that is quickly becoming extraordinarily dense.”

Building amenities will include a resort-style amenity deck, home to a T-shaped zero edge pool overlooking the city, a library, a children's learning center and a great room complete with a sitting area, billiards table, wet bar and kitchen. Additional features include private cabanas with furnished summer kitchens, a large fire pit, and a “grotto-inspired” Jacuzzi area. Nearby, The Bond's fitness center and spa complex will offer high-end exercise equipment, floor-to-ceiling windows, and men's and women's steam rooms and saunas.

Alyce Robertson, executive director of the Miami Downtown Development Authority, tells GlobeSt.com gone are the days where a rooftop pool or fitness center will cut it. “Buyers are wanting far more in terms of luxury amenities and developers are getting creative to meet these demands—and top them,” she says. “As a result, Miami's urban core is joining the ranks of the world's elite cities with features that are collectively redefining its skyline.”