That project, 500 Brickell, is slated for the prestigiousBrickell neighborhood in Miami's central business district. Thehigh-tech condominium will be a Smart building, which will provideresidents with WiFi technology through a smart panel and touchscreen TV, to access building services, the web, e-mail, and musicand video features. The unit prices will range from the $200,000s,and sales are scheduled to start next month.
"500 Brickell is about putting the future into residents' hands.It's about simplifying busy routines into turn-key, luxuriouslifestyles through technological advances," project manager JohnChappelear says.
The other project the Related Group is planning is slated for a6.6-acre, bayfront site Ocean Land Equities has signed an agreementto buy from Mercy Hospital Inc. for $96 million--more than theproperty is worth--as a charitable donation from Ocean LandEquities. The funds will remain local, and proceeds will go towardenhancing clinical programs at the hospital. "This transaction hasplaced Mercy Hospital in a position to continue to expand anddevelop the cutting-edge programs needed to provide the highestquality healthcare to our community," according to John E. Matuska,president and CEO of Mercy Hospital.
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