Downtown Miami

WeWork To Lease Four Floors In The Southeast Financial Center

Southeast Financial Center

Southeast Financial Center

WeWork is leasing 90,000 square feet of office space over 4 floors in the Southeast Financial Center at 200 South Biscayne Blvd, according to The Real Deal.

Two floors will open by the end of the year with the other two floors opening Summer 2020.

The Southeast Financial Center was purchased by billionaire Armando Ortega for $516.6 million in December 2016.

WeWork is leasing 10 floors of office space in the under construction 830 Brickell Plaza tower in Brickell.

Construction Begins At SkyRise Miami - Soon To Be Tallest Building In Miami

SkyRise Miami Construction

SkyRise Miami Construction

Construction has started at SkyRise Miami in Bayfront Park that will rise 1,000 feet and surpass Panorama Tower as the tallest building in Miami.

Skyrise Miami is being developed by Berkowitz Development Group and designed by Arquitectonica.

When completed, the tower will have an indoor drop tower style ride at 95 mph, 5 observation decks, a 55-mph base-jumping experience, a zero-gravity tunnel, a transparent slide, a transparent deck at 866 feet and a skywalk at 908 feet.

Construction is expected to be completed in 2023.

Virgin MiamiCentral Offices Sold For $159M

Florida East Coast Industries has sold the office buildings 3 MiamiCentral and 2 MiamiCentral for $159 million to Shorenstein, according to The Real Deal.

3 MiamiCentral was completed December 2017 and has 90,000 square feet of office space and 35,000 square feet of retail. 2 MiamiCentral, which was completed last year has 190,000 square feet of office space.

Park Line Towers At Virgin MiamiCentral Getting Closer To Completion

Park Line Towers

Park Line Towers

Since the South Tower topped off in February, both buildings at the Park Line Towers are getting closer to completion.

The North Tower topped off in September 2018.

With 816 rental units, the Park Line Towers are expected to be completed in the coming months.

Previous construction photos of the Park Line Towers can be viewed here.

TBT - A Look At The 1000 Museum Site

1000 Museum On Biscayne Boulevard

TBT (May 15, 2015) - 4 years ago the BP gas station was demolished and the site was cleared to start foundation work on One Thousand Museum.

The 62 story One Thousand Museum is still under construction today, but expected to be completed in the upcoming months.

Located at 1000 Biscayne Boulevard across from Museum Park, Perez Art Museum of Miami and the under construction Frost Museum of Science, work is still progressing at the site.

In October 2014 they dismantled the BP gas station and demolished the pawn shop. In December 2014, groundbreaking by the Zaha Hadid designed building started.

Curbed Miami has renderings of the kitchens and some exterior shots.

Construction Begins At 43 Story Luma at Miami Worldcenter

Luma at Miami Worldcenter Rendering

Construction has started at the 43 story Luma at Miami Worldcenter which will rise 493 feet.

Luma at Miami Worldcenter will have 434 apartments and is being developed by ZOM Living who also developed Solitair Brickell, Monarc at Met 3, the recently completed Muze at Met Square and the under construction Maizon at Brickell.

Zom Living recently secured a $119 million construction loan for the project.

Luma at Miami Worldcenter is part of the 27 acre Miami Worldcenter complex that includes the nearly completed Paramount Miami Worldcenter and the completed Caoba Miami Worldcenter.

Moishe Mana Purchases Another Downtown Miami Building For $2.3M

108 South Miami Avenue

108 South Miami Avenue

Moishe Mana has purchased a 7,610 square foot building located at 108 South Miami Avenue for $2.3 million, according to The Real Deal.

Mana purchased the 2 story building next to his current purchase for $3.5 million in August 2018.

Over $350 million has been spent by Mana to acquire Downtown Miami properties over the past 4 years.