Office

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.

JLL Tapped For Leasing At Iconic 480-Foot-Tall Citigroup Center In Downtown Miami

8:00 am on April 13, 2022 By Oscar Nunez

JLL has been appointed as the leasing agent for the recently renovated, 34-story Citigroup Center, one of Downtown Miami’s landmark Class A office properties. Centrally located at 201 South Biscayne Boulevard, in the heart of the business district, Citigroup Center is and pleasant stroll from Miami Riverwalk and other green spaces along the waterfront. At 480 feet, it offers tenants spectacular unobstructed views stretching from adjacent Bayfront Park across the bay to Key Biscayne.

FAA Permits Filed For 454-Foot-Tall Skyscraper At 1000 N. Orange Avenue In Orlando

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

An obstruction evaluation study is currently underway at the Federal Aviation Administration (FAA) for a 454-foot-tall skyscraper at 1000 North Orange Avenue in the northern section of Downtown Orlando’s Central Business District. The four coordinates submitted to the FAA align with a vacant 1.474-acre site that sits on the southwest frontage of the intersection between North Orange Avenue and North Garland Avenue, also bound by West Marks Street and SunRail tracks on the south end of the block. According to the Orange County property records, the land is owned by a Hallandale Beach-based entity registered as Mustang Orange Garland LLC (Mustang) managed by Aaron Churba and Mike Daiagi. The entity, which is linked to a number of other financial and investment entities using the Mustang moniker, has owned the property since January 2005 after purchasing it from Orange Garland Realty Ent LLC for a $3,000,000.

Arquitectonica Expands To West Palm Beach With The Opening Of An Office In Rosemary Square

8:00 am on April 1, 2022 By Oscar Nunez

Having worked in the region for many years, leading global architecture firm Arquitectonica has announced the opening of their office in Rosemary Square. Located at 477 South Rosemary Avenue in Downtown West Palm Beach, the office provides close accessibility to the firm’s ongoing projects in design and under construction. This work has served to reinforce their commitment to growing a presence in the region and establishing the new location helps support the firm’s capabilities in Florida that also includes projects in Orlando, Tampa and Jacksonville.

Florida East Coast Realty To Renovate Their Office Towers At 1101 Brickell Avenue To Meet Growing Demand

7:30 am on March 23, 2022 By Oscar Nunez

Florida East Coast Realty (FECR) is planning to invest $12 million in renovations to its office towers at 1101 Brickell Avenue in Miami’s Financial District, including a new grand lobby, flagship restaurant, extensive fiber optic connectivity, and 24-hour security. Located immediately West of Miami’s currently tallest skyscraper – the 85-story Panorama Tower also owned and built by FECR – the office towers are bound by Brickell Avenue on the West, Southeast 11th Street on the South and Southeast 10th Street on the northern end of the city block.

Swire Properties Reapplies For FAA Permits To Build 1,049-Foot Supertall One Brickell City Centre

8:00 am on March 5, 2022 By Oscar Nunez

Hong Kong-based real estate developer Swire Properties (Swire) has reapplied for building permits with the Federal Aviation Administration (FAA) for One Brickell City Centre, an 80-story mixed-use supertall skyscraper that is proposed to top off at 1,049-feet above sea level at 700 Brickell Avenue in Miami’s Financial District. A total of four permit applications were filed on March 1, 2022 indicating the building would reach a structural height of 1,040-feet before factoring in the elevations of the development site. The filings mark the third time Swire applies for building permits to build One Brickell City Centre, having applied twice before and gaining approvals in 2015, which expired, and 2018, which will expire later this year in June. According to Swire’s recent investors presentation, One Brickell City Centre will yield approximately 1,967,000 square feet including retail, office, hotel and residential space.

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