Every
major global city has a site with the potential and
location to be that city’s epicenter; where
the city’s most identifying landmark building should
be found. One Bayfront Plaza is that site and will become
Miami’s signature building. This premier location,
located at 100 South Biscayne Boulevard, is situated
at the south end of the widest section of Miami’s
main thoroughfare, Biscayne Boulevard, overlooks both
Biscayne Bay and Bayfront Park.
The site, encompasses two full city blocks containing approximately 100,000 square
feet of net lot area, is bounded by Biscayne Boulevard, SE 1st and SE 2nd Streets
and SE 3rd Avenue. It is directly across from the main Metromover station and
is one block from I-95 entrance and exit ramps.
It is the ideal location is for redevelopment of what will become Miami’s
largest and most prestigious office tower. The project will rise 70 stories and
will reach a height of 1,049 feet to the top of the decorative spire. The views
will be unparalleled.
One Bayfront Plaza will comprise more than two million square feet of rentable
office space, 112,000 square feet of retail space and a four-star convention
hotel with 850 rooms and 120,000 square feet of exhibition and banquet facilities
overlooking Biscayne Bay and Bayfront Park. The project will be constructed and
operated to LEEDS Green standards to obtain the “Silver” certification.
The development will serve as a catalyst to attract new investment activity and
is the ideal project in size, scope, location and amenities to attract national
and international business. The office tower will have large open and flexible
floor plates as large as 39,000 square feet each. The floors will have spectacular
direct bay views. The project will contain more than 2,500 parking spaces and
will include a pedestrian bridge to the Bayfront Park MetroMover station.
The 850 key, world class, full service hotel tower, which itself will reach a
height of 824 feet will serve not only the needs of the office and the
retail component; it will increase the existing central business district hotel
room inventory by more than 20%. This hotel component is obviously needed in
the center core of Miami’s business district inasmuch as the last major
hotel was developed in 1982. It will be the first new hotel built north the Miami
River in 25 years.
The
project will also provide two full levels of premium retail
mall space in addition to the ground level retail areas,
for a total 112,000 square feet of retail space. This is
a key element as The Miami Downtown Development Authority
projected a need for 400,000 additional square feet of
retail space to service only the current downtown office
and residential needs and One Bayfront Plaza’s
retail component will provide 30% of that need. The project’s
retail mall will also create a parallel destination for
the 12 million annual visitors to Bayside Marketplace as
well as for the more than 4 million annual cruise ship
passengers.
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