Office

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

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.

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

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.

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

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.

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

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.

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

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.

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