The Miami Beach Planning Board is scheduled to hear a proposal for a mixed-use project on March 26. Giller Tower would measure seven stories above grade, measuring more than 102,000 square feet.
The South Florida Business Journal reports that of that square footage, 25,869 would be office space, 6,681 would be retail, and 4,056 would be restaurants. Sources indicate that, more specifically, the ground floor would host the retail ventures, with the second through fourth floors hosting 117 parking spots.
The seven-story venture could cost $38 million to complete.
The fifth through seventh floor would be offices. The mid-rise venture would replace three smaller retail buildings that were built in the 1930s and 1950s. Currently, they host a UPS branch, Miami Fresh Fish Market, and two locally owned restaurants.
Giller & Giller, a Miami Beach-based architectural firm, currently owns the strip mall. The organization would also occupy 2,000 square feet of the seven-story tower, currently conducting operations across the street.
The project involves redeveloping a strip mall.
The Commercial Observer notes that developer estimates the project at around $38 million to complete, with construction potentially starting in the first quarter of 2025. If the Miami Beach Planning Board approves the Giller Tower, it would occupy 976 W. 41st Street, along with 3901 and 3925 Alton Road, in Miami Beach, FL, 33140, in Miami-Dade County.
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