In May 2022, TriStar Capital, Integra Investment, and LNDKMRK Development purchased a 1.03-acre property for $23 million. They purchased the parcel from LV Lending, which seized the property following a bankruptcy filing. Previous owners had plans for it to become “Triptych Miami,” but now, a new project is underway.
TriStar Capital, Integra Investment, and LNDKMRK Development have submitted plans for a 20-story office building. Our sources indicate that the high-rise tower would comprise close to 450,000 square feet of new construction.
Of that square footage, 199,048 square feet would be office space, with offices starting on the eighth floor, with each floor plate measuring 12,000 to 21,000 square feet. There will also be 11,438 square feet of commercial space, 4,196 square feet of which will be on the ground floor.
Plans also call for 642 parking spots (137 of which will be electric car charging stations), a 19th-floor amenity deck, and a rooftop full-service restaurant and outdoor garden. Arquitectonica is the architect.
The 20-story building is similar to the Starwood Capital headquarters office, which Integra Investment oversaw. If approved, the mixed-use venture would take shape at 3601 N. Miami Avenue, Miami, Florida, 33127, in Miami-Dade County.