The Bond at Brickell Kicks Off in London Fashion

MIAMI— London was officially calling at The Bond on Brickell this week. Miami's top real estate brokers joined developer Rilea Group and Cervera Real Estate for an exclusive VIP party to celebrate the opening of the 44-story luxury condo's brand new sales center.

Guests of the British-themed bash were greeted by models dressed up as Royal Guards while they sipped on champagne, danced to tunes by the Rolling Stones and the Beatles, and enjoyed butlered British bites of fish 'n chips, mini beef wellingtons, and toffee pudding shooters. Attendees also got a first look at the unveiling of Brickell's newest landmark—an original British Telecom phone booth which the developers had restored and flown in from London—which will be permanently displayed in front of The Bond's Brickell Avenue entrance once the building is completed in 2016.

Rilea announced a new 323-unit luxury condo tower in the heart of Miami's Brickell Financial District in May. The Bond at 1080 Brickell will rise 44 stories when development concludes in mid-2015. Rilea is set to break ground later this year.

The launch comes as the next wave of residential development in Miami's urban core takes hold, fueled by an uptick in demand for luxury condo living, falling supply at existing buildings, and increasing prices, according to the Miami Downtown Development Authority. All told, fewer than 500 units of the 23,000-plus constructed during the city's last real estate cycle remain on the market for sale.

“The vertical development underway in Miami's urban core is giving the city new relevance as a 24/7 residential, commercial and lifestyle district, and our firm is helping fuel this progress,” says Alan Ojeda, CEO of Rilea Group. “The Bond at 1080 Brickell is the address of choice for residents seeking the highest caliber of luxury and instant access to Miami's most desirable shops, restaurants, and arts and entertainment venues.”