City National Bank of Florida and UBS have inked deals to lease 142,000 SF of office space valued at $75.1 million at Miami Tower, a 47-story, landmark office skyscraper at 100 SE Second St. in Downtown Miami.
Read MoreStarwood Capital Group Proposes Gensler-Designed Office Building On Collins Avenue in Miami Beach
Barry Sternlicht’s Starwood Capital Group has proposed a 6-story office building designed by Gensler on Collins Avenue in Miami Beach. The proposal calls for 136,342 SF of Class A Office Space and 8,088 SF of retail as well as 305 parking spots.
Read MoreDeveloper Celebrates Plans to Revitalize Coconut Grove with Groundbreaking at Metronomic Place
Miami-based development company Metronomic Inc., led by Ricky Trinidad, broke ground last Thursday for the new, mixed-use office, retail and hotel project on Grand Avenue in Coconut Grove. The groundbreaking ceremony for Metronomic Place was attended by commissioner Xavier Suarez and is set to spearhead the long-awaited revival of this corridor.
The five-story building will have about 5,000 square-feet of Class A office space, 3,200 square-feet of ground floor retail space, and a 44-key boutique hotel. The lobby and hotel interior was developed by local firm One Design Build. Designer Hugo Mijares combined metal, concrete, wood and other raw elements to create a modern industrial design with Old American style. It will also feature an activated “green” rooftop with a pool and garden area that echo the natural aura Coconut Grove in known for. Metronomic Place has an estimated completion date of Winter 2019.
Ricky Trinidad, President of Metronomic, Inc., is a developer and resident himself in West Coconut Grove, and has deep roots to the community. He hopes the project will enhance the vitality of Coconut Grove’s commercial and entertainment core.
He also just closed on a 7,200 square-foot site at 3110 Commodore Plaza called Commodore Place. The boutique hotel will offer loft-style, short-term suites with attractive amenities, a rooftop pool and garden deck area, and a two-story duplexed retail venue on the first floor.
Miguel Pinto of Apex Capital Realty brokered the deal and represented Metronomic Inc. Like Ricky, Miguel is focused on working on projects and deals that enhance communities and positively impact the commercial real estate industry.
As part of Metronomic’s larger plan to revitalize Grand Avenue, they also have over ten new construction projects in the works in Coconut Grove. This includes a large-scale comprehensive development of multiple properties of mixed-income, affordable housing, retail, office, park plazas, and sustainable living concepts.
Article by: Katya Demina
KIPANY Marketing To Relocate To Downtown Fort Lauderdale After 40 Years In NYC
KIPANY Marketing, the firm which handles marketing for The New York Times, Disney, Comcast, Verizon and Sears, is relocating to Fort Lauderdale after 40 years in NY as the exodus of business and wealth from high-tax northern states continues as they gravitate towards Florida’s income tax-free structure.
Read MoreThe Borges Architects + Associates-Designed Megacenter Brickell Gearing Up To Go Vertical
Megacenter Brickell is gearing up to go vertical as foundation work is nearing completion and the developer has filed with the FAA for crane installation. Megacenter Brickell is being developed by Red Megacentro and is designed by Reinaldo Borges of Borges Architects + Associates.
Read MoreCrescent Heights Proposes 60-Story Mixed-Use Project At 1370 NE 2nd Ave. In Downtown Miami
Crescent Heights is nearing a final agreement to bring a 60-story mixed-use project to 1370 NE 2nd Ave. The proposal is expected to bring 1,100 residential units split between condos and rentals, 100,000 SF of office space and 1,100 parking spaces.
Read MoreThe 1.2 Million SF Zyscovich Architects-Designed Aventura ParkSquare Receives TCO
Aventura ParkSquare has received its Temporary Certificates of Occupancy (TCO) from Miami-Dade County as the mixed-use projects gears up to open to residents and commercial tenants. Aventura ParkSquare is being developed by Integra Investments and was revealed in 2014 before breaking ground in 2016.
Read MoreMetronomic Place Mixed-Use Hotel Designed By CLAD Revealed In Coconut Grove
Metronomic Place, a new mixed-use project coming to 3280 Grand Avenue, has been revealed in Coconut Grove. The project is being designed by local architecture firm CLAD and will feature interiors by One Design Build.
Read MoreConstruction Underway On Magic City Innovation District As Leasing Of Commercial Space Kicks Off
Magic City Innovation District (MCID), a 17.7-acre Innovation District in Miami’s Little Haiti and Little River neighborhoods, has commenced renovations on 17 of its 21 commercial buildings. The project's first phase of commercial development features 200,000 SF of leasable space spread through several modernized warehouses.
Read MoreRobert Wennett Proposes Bjarke Ingels-Designed Special Area Plan For Miami Produce Center In Allapattah
Robert Wennett has submitted a Special Area Plan to build a mixed-use complex, Miami Produce Center, in Allapattah designed by none other then the starchitect Bjarke Ingels. The project is proposed on 8.54 acres located at Northwest 21st and 22nd Streets, and between Northwest 13th and 12th Avenues.
Read More