{"id":1004108393,"date":"2014-11-26T07:11:31","date_gmt":"2014-11-26T15:11:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004108393"},"modified":"2022-12-08T20:49:02","modified_gmt":"2022-12-09T04:49:02","slug":"mg-florida-east-coast-realty-corigin-plan-60-story-condo-tower-in-miami","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/mg-florida-east-coast-realty-corigin-plan-60-story-condo-tower-in-miami\/","title":{"rendered":"MG, Florida East Coast Realty &amp; Corigin Plan 60-Story Condo Tower in Miami"},"content":{"rendered":"<p><i>By Keith Loria, Contributing Editor<\/i>\u00a0<a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/11\/MG.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004108394\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/mg-florida-east-coast-realty-corigin-plan-60-story-condo-tower-in-miami\/mg-properties-early-rendering\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/11\/MG.jpg\" data-orig-size=\"700,300\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;PR NEWSWIRE&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;Early rendering of 1201 Brickell Bay Drive (PRNewsFoto\/MG Properties)&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;MG Properties Early Rendering&quot;}\" data-image-title=\"MG Properties Early Rendering\" data-image-description=\"&lt;p&gt;Early rendering of 1201 Brickell Bay Drive (PRNewsFoto\/MG Properties)&lt;\/p&gt;\n\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/11\/MG.jpg?w=700\" class=\"alignright size-medium wp-image-1004108394\" alt=\"MG Properties Early Rendering\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/11\/MG.jpg\" width=\"300\" height=\"128\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/11\/MG.jpg 700w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/11\/MG.jpg?resize=300,129 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>MG Properties, Florida East Coast Realty and Corigin Real Estate Group, will team to develop 1201 Brickell Bay Drive, a 1.8-million-square-foot, luxury residential development on Biscayne Bay in\u00a0Miami\u2019s\u00a0financial district.<\/p>\n<p>\u201cThe world-class location and an opportunity to partner with two of the strongest organizations in the industry made 1201 Brickell Bay Drive an extremely attractive project for the MG Properties team,\u201d Drew McCourt, MG Properties\u2019 president, told <i>Commercial Property Executive<\/i>. \u201cWe see both substantial value and upside potential in Miami right now and this property is without a doubt among the best residential developments in the South Florida market today.\u201d<\/p>\n<p>The 2.5-acre property is the last remaining development space on Miami\u2019s popular Brickell Corridor and offers prime waterfront property. Plans call for two main towers in excess of 60 stories, with each delivering panoramic views stretching from\u00a0Key Biscayne\u00a0to South Beach.<\/p>\n<p>According to McCourt, when completed, 1201 Brickell Bay Drive will offer unparalleled amenities that will redefine luxury oceanfront living while providing\u00a0Miami\u00a0with a global icon.<\/p>\n<p>\u201cBuilding iconic structures in global gateway cities is a major focus for MG Properties and 1201 Brickell Bay Drive is a great fit for us,\u201d McCourt said. \u201cSuccessful development projects are built on exceptional work and deep local knowledge and with Corigin and Florida East Coast Realty, we have partners that clearly deliver both.\u201d<\/p>\n<p>Corigin Real Estate owns and manages 5 million square feet of real estate, primarily in\u00a0New York City. Florida East Coast Realty has built more than 60 million square feet of construction, ranging from landmark residential and commercial high-rises to high-end retail centers, across South East Florida\u00a0and beyond.<\/p>\n<p>Current projects for MG Properties include a 740,000-square-foot, mixed-use development project at 360 Tenth Ave., in\u00a0New York City; a 1.4-million-square-foot development project on Waller Creek in\u00a0Austin, Texas; and approximately 260 acres of land in Chavez Ravine in\u00a0Los Angeles.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MG Properties, Florida East Coast Realty and Corigin Real Estate Group will team to develop 1201 Brickell Bay Drive, a 1.8-million-square-foot, luxury residential development on Biscayne Bay in Miami\u2019s financial district. <\/p>\n","protected":false},"author":451,"featured_media":1004108394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,21742],"tags":[],"class_list":["post-1004108393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MG, Florida East Coast Realty &amp; 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