Key International Proposes 51-Story Brickell Office Building
Miami’s Brickell district could soon welcome its third stand-alone office tower since the construction of 830 Brickell.
Key International filed plans to build a 51-story office tower at 848 Brickell Avenue, a block south of Tamiami Trail, according to a filing with Miami-Dade County last month. The project would house 704,000 square feet for offices, 7,500 square feet for retail and 1,065 parking spots.
The 1.24-acre site is now home to a 13-story office building, which was completed in 1981.
The proposal, which did not include renderings, remains in the early stages of development. Just last month, Miami-Dade County commissioners extended the Rapid Transit Zone (RTZ) to an area that includes the parcel, which permits greater density and could make Key’s proposal feasible.
A spokesperson for the developer confirmed that it had filed a pre-application meeting request with Miami-Dade County, but did not provide additional details.
The Miami-based developer’s portfolio has mostly included residential and hospitality properties. Just two blocks north, Key, led by the Ardid family, is under contract to buy a historic Presbyterian Church with 13th Floor Investments, where they plan to build an 80-story condo building.
Source: Commercial Observer
