Key International Proposes 51-Story Brickell Office Building

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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