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OKO Group, the US-based development company founded by international real estate and hotel magnate Vladislav Doronin, and Cain International, a privately held real estate investment firm, have revealed plans for 830 Brickell, the first new office tower to launch in Miami in nearly a decade.

The soaring 57-story, 724-foot-tall skyscraper designed by one of the world’s leading architecture firms will introduce a premium commercial offering to the city’s booming financial district and will reinvent the workplace lifestyle for the highest-caliber of global workforce. Cushman & Wakefield’s leasing team is launching the marketing of the building to prospects now, ahead of 830 Brickell’s completion in 2022.

At the core of 830 Brickell’s innovative approach to office space is its stunning design by Adrian Smith + Gordon Gill Architecture (AS+GG), the internationally acclaimed firm responsible for the world’s tallest buildings, including the Burj Khalifa, Jeddah Tower and the tallest residential building in the U.S., New York’s Central Park Tower.

The tower will feature spectacular only-in-Miami panoramic ocean and city views, floor-to-ceiling windows, column-free spans, state-of-the-art digital infrastructure with Wired certification and a LEED Silver certification due to its progressive environmentally efficient design. It will be Miami’s most contemporary office tower, befitting the city’s growth into an international capital of business.

Set within the urban destination of Miami’s Brickell neighborhood, 830 Brickell is at the center of the city’s most exciting cultural, culinary and retail experiences. Tenants will have direct, walkable access to Brickell City Center, Mary Brickell Village, Downtown Miami offering a suite of upscale hotels and restaurants. Known as the city’s financial district and the Wall Street of Latin America, Brickell is a rapidly transforming neighborhood for residents, tourists and businesspeople alike. The location is also convenient to Miami International Airport as well as the Port of Miami.

830 Brickell will also be differentiated by its unprecedented lifestyle offerings for a commercial tower, which will promote out-of-the-box collaboration, work-life balance and wellness. Aimed at attracting the world’s largest companies and progressive visionaries, the project touts an elite roster of first-rate amenities – including an upscale rooftop restaurant and bar on the 56th and 57th floors, a 30th floor sky lobby with a nearly 2,500-square-foot health and wellness center and first-class conference facility, a 14th floor outdoor terrace designed by Enea Landscape Architecture, valet parking and electric vehicle charging stations, cafés and shopping.

Offering white-glove customer service, the tower also boasts a forward-thinking culture of seamlessness, highlighted by a 24-hour concierge responsible for event planning and coordination, booking restaurant reservations, sending out dry cleaning, organizing deliveries and more.  Additional services will include bicycle storage, a shoe shining stations and much more.

This project is innovative through its use of programming outdoor spaces that serve as amenities for the tenants, both at the podium level and at the skyline level. The rooftop restaurant and bar are outstanding amenities, affording sweeping views of downtown that will energize the building at night. Additional roof terraces will allow tenants to enjoy the Miami weather without being on the street level. The 30th floor sky lobby with café and fitness center offers more advantageous views to all tenants.

This commercial tower will set the new gold standard in Miami and will be the catalyst for additional high-end development in the area. The design of 830 Brickell was influenced and inspired by the world-class-quality of art infused in the city since the introduction of the Art Basel Miami Beach fair in 2002. AS+GG’s aim was to elevate the architectural expression of the building to the level of museum-quality art.

 

Source: The Real Deal

Approximately 10,000 baby boomers turn 65 every day.

That staggering fact is not lost on the world of commercial real estate, and many in the property management field in particular are working to deal with the waves of coming retirements.

And, as the younger generation of property managers take over, many experts say they will continue to carry the flag of sustainability and push property management to be even greener than it is now. “It’s not that the new generation will save our bacon,” says Marc Intermaggio, executive vice president of BOMA San Francisco, noting that property management has come a long way in sustainability goals. “But there is a broader level of consensus among the younger folks simply because these environmental issues have been elevated more for them, than during the 1950s and 1960s.”

BOMA San Francisco has been partnering with San Francisco State University’s College of Business to develop curriculum that allows students to get a certificate in commercial real estate by taking four specially designed classes. The first four students graduated from that program this winter. “We’re trying to take this to the rest of the California state university system,” says Intermaggio. “This is going to help students be more job-ready, to have even more training, to have a greater familiarity with the issues.”

Industry analyst CEL & Associates Inc. estimates that there could be an annual shortage of 15,000 to 25,000 qualified real estate professionals—in all fields— nationwide, says Christopher Lee, president of the group. Property managers are a profession that is also constantly in demand, Lee says. In a boom, more managers are needed to meet demand of new construction; in a downturn, managers are still needed to keep existing buildings going—and to ensure they operate at peak efficiency to save crucial capital.

Lee says it is difficult to predict when real estate professionals will be leaving because many are staying on longer due to the recession. Property management is also a field that allows people to work into their later years, unlike more physically taxing jobs, he says. “Many people are holding back on retirement because of economic uncertainty,” says Lee. “But once they leave, they will leave at a quick pace and my concern is that there is a lack of people in the pipeline to take their place.”

Individual companies are also working to ensure that the younger generation is ready to take the reins—and that they will continue to maintain sustainability programs. CBRE Group Inc. has put 15,000 employees through BOMA’s Energy Efficiency Program. It has 500 LEED AP (Accredited Professionals) employees in all fields. Cushman Wakefield has 71 LEED AP professionals and 100 LEED GA (Green Associate)-certified employees, mostly in property management. Over the next two years, the company plans to train 80 managers through the Urban Green Council’s GPRO courses.

 

 

Source: National Real Estate Investor