Brickell House is an approved condominium tower in Brickell, Miami, Florida, by Newgard Development Group. Proposed in 2011, the tower will stand at roughly 500 feet (152 m) with 46 floors and is expected to open in 2014. Construction will begin in sping of 2012, making it one of the first condominium projects to go ahead in Miami since the 2007 housing bust and late 2000s recession. Construction of the tower is estimated to create 300 to 400 jobs.[1] The financing model, popular in Latin America, is for the $170 million project is for at least 70% of the units to be presold before construction begins, which ensures financing and reduces the likelihood of foreclosure. The tower will be located in Miami's Brickell Financial District at 1330 Brickell Bay Drive. It will have 374 units and a robotic parking garage.[2] Units will range from 400 sq ft (37 m2) studios to 1,438 sq ft (134 m2) 3-bedroom units, as well as 1,775 sq ft (165 m2) penthouses.[3] The ground level will have retail and restaurant space.[4] The architect is Sieger Suarez and the interior designer is Yabu Pushelberg. The building's design is similar to Related Group's 50 Biscayne tower also designed by Sieger-Saurez.[5] Brickell House will be located one block east of the Financial District Metromover station and three blocks southeast of the Brickell Metrorail and Metromover transfer station.