Swire's $1B Miami Project Gets City's OK For Expansion

Law360, Miami (March 28, 2013, 7:48 PM EDT) -- Swire Properties Ltd. gained approval from the city of Miami on Thursday to expand its nearly $1 billion mixed-use development, now known as Brickell CityCentre, to include a seventh tower on an adjacent parcel to the north.

The Miami City Commission's approval of the “north square” expansion in the amended special area plan might not be the last. The Hong Kong real estate firm may look to extend the massive project to east to Brickell Avenue following Northern Trust's recent announcement that it plans to sell...
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