MIAMI—The Brickell Financial District is seeing plenty of construction action, including the groundbreaking of Le Parc at Brickell. Le Parc is now becomes Downtown Miami's newest luxury condo under development.

A joint venture partnership between South Florida-based developers Strategic Properties Group and ALTA Developers, the 12-story boutique-style building is located just off Brickell Avenue overlooking the historic Simpson Park at 1600 Southwest 1st Avenue. Le Parc at Brickell is set to open in late 2015.

“Le Parc at Brickell will deliver a one-of-a-kind living experience that you won't find anywhere else in Miami,” says Henry Pino, a partner with Strategic. “Our unique location offers residents the best of both worlds—the convenience of being connected to the energy of Brickell just a few blocks away, with the privacy that comes with living in a quiet neighborhood away from the congestion.”