‘One Of Most Pre-Leased Office Buildings In Miami’s History’ Gets $181M Financing – The Next Miami


Developer Oak Row Equities has obtained a $181m construction loan to build the 2600 Biscayne tower, with strong pre-leasing activity reported.

The developer said in a statement that it is one of the most pre-leased new construction office buildings in Miami’s history. More than 50% of the proposed 187,000 square feet of office and retail was leased before breaking ground.

Miami Building Department records show that a master construction permit was issued in recent days. A site work permit was issued in September.

2600 Biscayne is planned to rise 41 stories, or 521 feet above ground and 529 feet above sea level. It will include:

  • 399 rental residences
  • 187,000 square feet of office and retail space
  • over 600 parking spaces

Custom artwork by artist Derrick Adams is planned on the western portion of the facade visible from multiple neighborhoods.

The tower’s offices will be located on the first eleven floors within a glass pyramid-like structure with a
contrasting gridded facade. Offices will have 14’ ceilings with floor-to-ceiling glass.

Office amenities will include a landscaped rooftop terrace, padel court, picnic areas, yoga deck, and a fire pit. Inside, a dedicated business lounge, private meeting areas, conference rooms, and an entertainment room with a golf simulator is planned.

The residential portion of the tower will begin 135 feet above the ground.

Residential amenities will include a pet spa, private lounge, yoga studio, and fitness center. A wraparound 12th-floor amenity deck will have a lap pool, cold plunge, hot tub, cabanas, and BBQ grills. The tower’s 41st floor will feature a coworking lounge and rooftop deck.

Newmark’s Dustin Stolly and Jordan Roeschlaub, Chris Kramer and Daniel Matz arranged the financing.

Arquitectonica is the architect.

 

(images: Oak Row Equities)

 

 

 



Read More:‘One Of Most Pre-Leased Office Buildings In Miami’s History’ Gets $181M Financing – The Next Miami

2024-03-12 17:07:06

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