Rumor Has It….Brickell’s Flatiron Park SOLD To Ugo Columbo For $21 Million

October 17th, 2013 Written By

Although Brickell has plenty of blue space (as in spectacular views of Biscayne Bay) the amount of green space on Brickell leaves a little to be desired.  That is why Brickell residents are up in arms about the rumors that developer Ugo Columbo has purchased the Flatiron Park in the heart of downtown Brickell.  ExMiami has reported that Ugo Columbo purchased the land for $21 Million and already has a $12.6 Million mortgage on the land.

The southern portion of the property is reportedly protected under the terms of a land swap deal with the previous owner Mallory Kauderer, and some believe that Columbo will only develop the northern portion of the property which would leave the Flatiron Park untouched.

I will keep you posted of any new developments!

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