Office

Application Seeking Design Review Approval Filed For Planned Office Building At 1100 5th Street In Miami Beach

An application has been filed seeking design review approval for a new 5-story commercial office building at 1100 5th Street in the South of Fifth neighborhood of Miami Beach. Designed by Eduardo Souta de Moura with Zyscovich Architects serving as the executive architect, and developed by Sumaida + Khurana in partnership with property owners Roslyn and Norton Nesis and Robert and Miriam Weiss of Weiss Properties, the approximate 80-foot-tall structure is planned to yield roughly 101,424 square feet in total size of gross new construction area with a F.A.R. of 65,274 square feet, including 43,797 square feet of office space, 7,142 square feet of indoor and outdoor amenities, 7,204 square feet dedicated to a ground floor restaurant, and 105 parking spaces. The Miami Beach Design Review Board is set to review the application on June 6.

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

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.

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

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.

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

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.

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

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.

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