Profile Miami
North Development launches sales of second Domus branded project, Domus Brickell Center in Miami’s financial corridor
Miami, FL – May 29, 2024
North Development, a joint-venture between Miami developer Ricardo Dunin’s Oak Capital and Edifica, one of the largest developers and builders in Peru, today announced the launch of sales of Domus Brickell Center, the second condominium project for the developer’s Domus brand and its unique FLATS concept, which stands for “Flexible Apartments for Temporary Stays.” The unveiling of Domus Brickell Center comes less than 60 days following the groundbreaking of its sister project, Domus Brickell Park, which is now approximately 60% sold and slated for completion next winter.
The 35-story, 579-unit tower will be professionally managed and located in the heart of Miami’s premier Brickell financial corridor on the ever-popular SW Second Ave. thoroughfare (1034 SW 2nd Ave., Miami, Fla.). The bustling corridor is flanked by major banks and corporations as well as trendy restaurants, shopping centers, and recreational venues.
In addition to plush, fully furnished FLATS, Domus Brickell Center will feature an amenity-rich, approximately 4,000-square-foot+ gathering area – The Cypress Room – complete with a café, wine bar, and an artisanal market with gourmet fare. There will also be 24-hour high-touch services, from a welcome concierge and valet attendants to a customer service line.
As a whole, the Domus FLATS concept, which was coined by Dunin, is being praised for its transformative approach to short-term-rental-friendly offerings – distinctively bolstered by roots in the high-end hospitality space. A big differentiator from similar offerings is Dunin’s creation of the Domus Management company. Overseen by industry leaders, the entity will have a comprehensive, 360-degree customer-centric view, adhering to top-tier brand standards. In effect, FLATS will be a new asset class within the residential market.
“Domus Brickell Center is a true marketplace disruptor and the latest stage of evolution for our FLATS concept,” said Ricardo Dunin, who is the founding partner of North Development. Dunin was a pioneer of the condo-hotel concept, which he explains is now vastly outdated.
“To ensure that value and quality remain intact, we have created a one-of-its-kind management company to oversee day-to-day services, ensuring that the brand maintains its top-level reputation from one project to the next,” adds Dunin. “Today’s sales launch, just weeks after the groundbreaking of Domus Brickell Park, is indicative of how much the marketplace has embraced our vision.”
“Adding to why Domus Brickell Center is such a standout is the fact that it is an extremely well-constructed and expertly crafted project,” said Juan Carlos Tassara, cofounder of Edifica. “The quality of this property, coupled with its exceptionally innovative designs, cannot be overstated. We have hand-selected the best minds in the industry to bring our latest vision to fruition.”
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