Office

Oak Row Equities Closes $181M Construction Loan From Bank OZK For 2600 Biscayne Boulevard In Edgewater, Miami

8:00 am on March 17, 2024 By Oscar Nunez

Oak Row Equities has closed on a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard, a 41-story Class AAA office and multifamily tower in Miami’s rapidly-maturing Edgewater submarket. This transaction is one of the largest mixed-used construction loans to close in South Florida in the past year. Newmark’s Dustin Stolly, Jordan Roeschlaub, Chris Kramer, and Daniel Matz arranged the financing. Remarkably, 50% of 2600 Biscayne’s office and retail space was pre-leased before breaking ground, marking it as one of Miami’s most pre-leased new construction office buildings.

40-Story ‘Santander Tower’ Planned For 1401 Brickell Avenue In Miami’s Financial District

8:00 am on February 16, 2024 By Oscar Nunez

On February 21, Miami’s Urban Development Review Board is scheduled to review the filed plans for Santander Tower, a visionary project at 1401 Brickell Avenue in the Brickell financial district. This 40-story office building, targeting LEED Platinum certification, is designed to redefine Miami’s skyline and urban experience. The development, designed by Handel Architects from New York with structural engineering by DeSimone Consulting Engineers and interior design by Bernardi + Peschard Arquitectos, aims to introduce 612,918 square feet of premium Class A office space. Developed by Services and Promotions LLC, an affiliate of Santander Bank, with project management and advisement by the Rilea Group, the tower aspires to a commanding presence at 765 feet above ground and 778 feet above sea level. Its redevelopment plan includes office spaces and extensive retail and food/beverage activation areas across the ground and upper podium levels, emphasizing ground-level engagement and vibrant streetscapes. Cosentini Associates is the MEPFP engineer, Langan is the civil and geotechnical engineer, Rios is the landscape architect with LandDesign as the landscape architect of record, and Socotec is the building envelope consultant.

Sterling Bay Joins Key International As Co-Developer Of 51-Story 848 Brickell In Miami’s Financial District

8:00 am on January 25, 2024 By Oscar Nunez

Key International, led by Diego and Inigo Ardid, has announced Sterling Bay, a national real estate development firm known for its pioneering approach to developing award-winning creative offices, as the co-development partner of 848 Brickell, a 761-foot-tall Class A creative office and retail tower proposed in Miami’s Brickell neighborhood. Sterling Bay joins Key International in developing plans for this project, which, under zoning approval by Miami-Dade County, will soar 51 stories in the heart of Miami’s bustling Financial District.

Meyers Accesso Acquires ‘The Atrium at Broken Sound’ Office Property In Boca Raton

8:00 am on December 30, 2023 By Oscar Nunez

Meyers Accesso, a leading developer of high-quality mixed-use and residential properties, recently announced the acquisition of The Atrium at Broken Sound, a nearly 100,000-square-foot, Class-A office property located at 6111 Broken Sound Parkway NW, within The Park at Broken Sound mixed-use development in Boca Raton, Florida. The Park at Broken Sound is a robust, 700-acre commercial and residential hub with walkable proximity to numerous retail developments, residential communities, and high-quality amenities.

Massive Mixed-Use “the Park Miramar” to Offer Various Ventures

7:00 am on October 24, 2023 By Colt Dodd

Sunbeam Development Corporation has announced that it’s moving forward with the Park Miramar, a 125-acre mixed-use project. The multi-million-dollar project will offer 325,000 square feet of retail, featuring an anchor grocery store.

Arquitectonica-Designed 3480 Main In Coconut Grove Attracts Diverse Office Tenant Mix

8:00 am on October 20, 2023 By Oscar Nunez

As South Florida’s suburban markets continue to draw companies seeking quality office spaces at competitive prices and convenient commutes, Coconut Grove remains a preferred choice for its balanced live-work-play environment. 3480 Main, a boutique Class A office building designed by award-winning architect Arquitectonica, is seeing increased leasing activity, with four new leases recently signed.

One Thousand Group Files Plans For 47-Story Office Tower Designed By Kohn Pedersen Fox And ODP Architects

8:00 am on October 13, 2023 By Oscar Nunez

One Thousand Group, the developers behind the illustrious One Thousand Museum and the highly anticipated Villa Miami, led by principals Louis Birdman, Michael Konig, and Kevin Venger, have submitted plans for a 47-story, 635-foot-tall Class-A ultra-luxury office tower to the City of Miami. The tower is designed by the renowned architectural firm Kohn Pederson Fox (KPF), headquartered in New York City, known globally for its expertise in designing office towers, including iconic structures like One Vanderbilt, 10, 30 & 55 Hudson Yards in NYC. Florida-based ODP Architecture & Design is serving as the Architect of Record for the project. The plans were filed by Tower 36, LLC, an affiliate of One Thousand Group. The project is currently referred to as Tower 36 and is scheduled for review by Miami’s Urban Development Review Board on Wednesday, October 18th.

FAA Approves Related Companies’ ‘515 Fern’: West Palm Beach’s Largest Office Tower At 386 Feet

8:00 am on August 29, 2023 By Oscar Nunez

West Palm Beach’s skyline is primed for continued transformation as the Federal Aviation Administration (FAA) gives the green light to construct 515 Fern, an impressive 25-story tower set to redefine the city’s commercial landscape. This FAA approval marks a significant milestone for New York-based developer Related Companies, known for their iconic Hudson Yards development, who is behind this ambitious project. The structure, set to soar to 385 feet (or 404 feet above mean sea level), is poised to become West Palm Beach’s largest office tower.

Key International Envisions 51-Story Class-A Office Tower At 848 Brickell Avenue, Proposed To Rise 761 Feet

8:00 am on August 1, 2023 By Oscar Nunez

Key International, a Miami-based real estate investment and development company, is planning a significant transformation at 848 Brickell Avenue, where they are headquartered. They intend to replace the 42-year-old 13-story office building with a much larger office tower. Miami-Dade County planners have received a pre-application meeting request from 848 Brickell, LLC, an affiliate of Key International, to review their proposal for a 51-story Class-A office building soaring 761 feet above the bustling Brickell financial district. The property’s redevelopment would yield an impressive 704,000 square feet of office space, accompanied by a ground-floor retail space spanning 7,500 square feet and on-site parking facilities accommodating 1,065 vehicles.

Wynwood Design Review Board Considers Proposal for 153 N.W. 25th Street, Miami, Florida, 33127

7:00 am on July 16, 2023 By Colt Dodd

The Doris is a razor-thin mid-story building proposed for Miami’s Wynwood neighborhood. But what is it? Our sources indicate that the Doris could comprise just over 20,000 square feet of new construction, comprising primarily office and retail space.

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