Office

Bilzin Sumberg Renews Lease At Rilea Group’s 35-Story 1450 Brickell Office Tower Designed By Nichols Architects

7:30 am on October 17, 2022 By Oscar Nunez

Nearly 25 years since launching in the heart of Downtown Miami, preeminent law Firm Bilzin Sumberg is doubling down on its Florida growth strategy with a significant office lease that will preserve its position as one of the central tenants at the 1450 Brickell office tower. The firm has renewed its lease for nearly 84,000 square feet of space at the Class A building, representing one of the largest law firm footprints in Miami’s urban core. Bilzin Sumberg’s renewal of its lease coincides with an influx of residents, companies, and investment into South Florida, with the Firm pursuing a strategy of steady growth that has solidified its role as a catalyst for business and wealth migration.

Hudson Yards Developer Proposes Largest And Tallest Office Building In West Palm Beach

8:00 am on September 25, 2022 By Oscar Nunez

As office leasing activity continues to show no signs of slowing down, Related Companies (Related), the New York-based developer behind the $25 billion Hudson Yards complex in Manhattan’s West Side, reveals plans for the largest office tower in West Palm Beach. The 25-story project, going by the name 515 Fern, is proposed to yield 471,000 square feet of space including 456,000 square feet of office space and 15,000 square feet of retail space to meet the area’s high demand. Addressed as 515 Fern Street in the Downtown corridor, the 374-foot-tall structure would become the tallest office building and the second-tallest building in the city. If approved, 515 Fern is expected to break ground sometime in 2023 and complete construction in 2025.

Deco Green, a Mixed-Use Venture, Undergoes Construction at 1715 North Dixie Highway, Lake Worth Beach, Florida

7:00 am on September 9, 2022 By Colt Dodd

Construction started on Deco Green in August 2022. The $29 million mixed-use venture will offer more than 120 apartments and nearly 8,000 square feet of retail space. Sources also note that there will be a 272-space parking lot.

Citadel Leases 90,000 Square Feet Across Six Floors At 830 Brickell In Miami’s Financial District

8:00 am on August 10, 2022 By Oscar Nunez

Ken Griffin’s Citadel, a multinational hedge fund and financial services firm, signed the largest office lease to date at the under construction 830 Brickell, a 55-story Class A-Plus office tower that just recently topped off in Miami’s Brickell Financial District. The firm is taking up 90,000 square feet of space across six floors at the 724-foot-tall tower, which is designed by Adrian Smith + Gordon Gil Architecture with interiors by Iosa Ghini Associati and developed by Vlad Doronin’s OKO Group and Jonathan Goldstein’s Cain International. Construction is expected to complete later this year, anticipated to yield nearly 640,000 square feet of space. Civic Construction is managing construction with Ant Yapi.

Miami Beach City Commission Votes In Favor Of The Gardens At Lincoln Lane

8:00 am on August 2, 2022 By Oscar Nunez

The City Commission of Miami Beach voted 5-1 in favor of The Gardens at Lincoln Lane, a low-rise mixed-use development slated for South Beach that will comprise just under 130,000 square feet of Class-A office space, 25,000 square feet of street-level retail, and more than 425 easily accessible parking spaces. The project is designed by Brandon Haw Architecture, along with West 8 Urban Design & Landscape Architecture, and includes a 6-story building on a 0.9-acre lot at 1680 Lenox Avenue, and an 8-story building nearby on a 1.1-acre lot at 1080 Lincoln Lane North in the Lincoln Road District. The Gardens at Lincoln Lane is a joint venture between Starwood Capital Group, Integra Investments and The Comras Company, and the project now moves on to the November ballot, which will seek voter approval.

Oak Row Equities (Formerly Carpe Real Estate Partners) Acquires 2.1-Acre Edgewater Assemblage For Mixed-Use Development

8:00 am on July 2, 2022 By Oscar Nunez

Carpe Real Estate Partners, a vertically integrated real estate private equity and development company, founded by Erik Rutter and David Weitz in 2018, announced a rebrand to Oak Row Equities. The name change comes as the company continues to mature from its launch in 2018 with one property under management to now over three million square feet under development and one billion dollars of assets under management. In addition to the rebrand, Oak Row Equities announced that it has closed on the acquisition of a 2.1-acre site on one of the last remaining undeveloped city blocks in the urban core. The firm acquired 2600 Biscayne Boulevard in Miami’s popular Edgewater neighborhood for $35 million to develop a mixed-use project designed by architecture firm Arquitectonica. Oak Row Equities is one of Miami’s fastest-growing real estate development firms with active projects in Wynwood, North Miami Beach, Edgewater, and the Design District.

Developers Unveil Vision for New Mixed-Use Development in Miami Beach’s Lincoln Road District

8:00 am on June 26, 2022 By Oscar Nunez

Lincoln Road Property Owner L.P., a joint venture led by an affiliate of Starwood Capital Group, Integra Investments and The Comras Company, has responded to a Request for Proposals (RFP) from the City of Miami Beach with plans to lease a pair of surface parking lots and develop The Gardens at Lincoln Lane, a low-rise mixed-use development that will comprise just under 130,000 square feet of Class A office space, 25,000 square feet of street-level retail, and more than 425 easily accessible parking spaces. The project is designed by Brandon Haw Architecture, along with West 8 Urban Design & Landscape Architecture, and will occupy a 1.1-acre lot at 1080 Lincoln Lane North and a 0.9-acre lot at 1680 Lennox Avenue in the Lincoln Road District.

DACRA’s 15-Story Class-A Office Building ‘The Ursa’ Submitted To Miami’s Urban Development Review Board For Approval

8:00 am on June 20, 2022 By Oscar Nunez

An Urban Development Review Board (UDRB) application has been submitted for review and approval in regard to The Ursa, a 15-story office building proposed for development at 30 Northeast 29th Street in Miami’s Design District. Featuring world-class architecture from design firm Arquitectonica and developed by Sun King LLC, an entity directed by DACRA CEO Craig Robins, The Ursa comprises 274,268 square feet of space including 159,892-square-feet of Class-A office space across 10-stories, 6,780 square feet of ground floor retail space, and 134 parking spaces all within a 222-foot-tall artistically-designed structure. The application was scheduled for review on June 15, 2022 and is now pending approval.

13-Story ‘Motorsport Tower’ Proposed For The Magic City Innovation District In Little Haiti, Little River Neighborhoods

8:00 am on May 16, 2022 By Oscar Nunez

Miami’s Urban Development Review Board (UDRB) has received proposals for Motorsport Tower, a 13-story office building set to be developed on Parcel 8 of the emerging 17.75-acre Magic City Innovation District in Little Haiti. The 1.51-acre property is located near the southern boundary of the Little Haiti District along Northeast 4th Avenue and between Northeast 60th Street to the north and Northeast 59th Terrace to the south. Designed by Miami-based DB Lewis Architect-Thresholds Intl. and developed by Imperial Capital Group, LLC, an affiliate of Motorsport Network led by Mike Zoi, the development proposes 544,294 square feet of new construction including 206,352 square feet of office space, 79,676 square feet of commercial space, 390 parking spaces and 24 bicycle spaces.

Gamla Cedron Group Files Plans For Phases Two And Three Of Flagler Oasis Project In Little Havana

8:00 am on April 19, 2022 By Oscar Nunez

Miami’s Urban Development Review Board (UDRB) will consider proposals for the second and third phases of Flagler Oasis, a multi-building mixed-use development underway in the heart of Little Havana being developed by Aventura-based real estate firm Gamla Cedron Group. With the first phase of the development already under construction and scheduled for completion later this year, phases two and three would bring a 16-story residential tower with 248 dwelling units and an additional 8-story structure containing 70,000 square feet of office space, as well as commercial spaces and integrated parking structures. The project is designed by Coral Gables-based Behar Font & Partners with Witkin Hults + Partners as the landscape architect, and is expected to rise as high as 176-feet or so.

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