One third of the office space has already been pre-leased, the developers said, even before the project was publicly announced.
A pre-application meeting between reviewers and representatives of the developers is scheduled for June 30.
Any lingering uncertainty about the survival of retail has waned, and, today, we seem to be in one of the stronger landlord markets in recent memory. What drove this radical shift from fear and hesitation to boundless market optimism?
The supertall tower is planned to rise exactly 1,049 feet – the maximum permitted by Miami’s zoning rules.
The deal covers 35,639 square feet of commercial properties and a 1,120-square-foot single-family home.
This volatility has led some contractors to order and pre-pay for materials earlier than they usually would, tying more money into projects up front.
The project would have three 57-story towers connected by a podium at the base, comprised of 2,195 residential units, 540,000 square feet of offices, 49,999 square feet of retail and 2,457 parking spaces.
Ven-American Real Estate, Inc. established in 1991, is a full service commercial and residential real estate firm offering brokerage and property management services.
Ven-American Real Estate, Inc.
2401 SW 145th Avenue, Ste 407
Miramar, FL 33027
Brokerage & Property Management Services