Bouygues Construction’s American subsidiary Americaribe, in partnership with John Moriarty & Associates, has secured a contract worth around $520m to build the first phase of the $1.05bn Brickell CityCentre mixed-use project in Miami, Florida, US.
Americaribe’s share in the contract is worth about $260m.
The project, which is being developed by Swire Properties, is situated in the centre of the Brickell financial district and covers an area of approximately 502,000m².
Designed by the architectural firm Arquitectonica, the project will be developed in two phases.
Phase one of the project will feature a shopping centre of over 46,000m², two residential towers with 820 apartments, a hotel with 263 rooms and 89 serviced apartments, a wellness centre and an office building.
Swire Properties senior vice president of development Christopher Gandolfo said it was important for the company to select a team that met its standards for Brickell CityCentre.
"We believe this team, which brought together the best resources of two well-respected companies, will build a project that will redefine urban living in Miami for decades to come," Gandolfo said.
Construction of the first phase of the project is expected to be completed in third quarter of 2015, followed by final office tower completion in 2018.
After completion, the development will feature a light rail Metromover station which will run through the site.
Bouygues said the project is LEED registered for Neighborhood Development, currently one of the largest in the US.
The project was originally proposed as a complex of skyscrapers and was approved by both the City of Miami and the Federal Aviation Administration but the plans were cancelled in 2008 because of the poor market conditions.
Image: After completion, Brickell CityCentre mixed-use project will feature two residential towers. Photo: Courtesy of Swire Properties.