Brickell – Simpson Park City Block Assemblage
Assembling an Entire City Block for 2 Landmark Brickell Developments
Project Overview
Alfonso Jaramillo played a key advisory role in assisting Alta Developers with the acquisition and assemblage of an entire city block comprising more than 97,714 square feet (2.24 acres) of prime land adjacent to Simpson Park, one of Brickell’s most unique natural preserves. The assemblage created a rare large-scale development opportunity within the heart of Miami’s premier urban district, where opportunities to acquire an entire city block are exceptionally limited.
The successful assemblage provided the foundation for two landmark developments: Novotel Brickell, a 275-room hospitality project, and Le Parc at Brickell, a luxury residential condominium featuring 128 high-end residences.
Key Metrics
LOCATIONBrickell, Miami, Florida
DEVELOPERAlta Developers
SITE AREA97,714 SF
(2.24 Acres)
PROJECTSNovotel Miami Brickell & Le Parc at Brickell
HOTEL COMPONENT275 Rooms
RESIDENTIAL COMPONENT128 Luxury Units
PROPERTY TYPEHospitality & Residential Mixed Development
ROLEAcquisition & Assemblage Advisory
Strategic Highlights
Assisted in the acquisition and assemblage of an entire city block totaling more than 2 acres in Brickell.
Created one of the largest development opportunities adjacent to Simpson Park.
Enabled the development of both hospitality and luxury residential projects on a unified site.
Positioned within walking distance of Brickell’s financial district, restaurants, retail, and transit.
Helped unlock significant value through the consolidation of multiple parcels into a cohesive development opportunity.