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Cashflow In Miami
January 15, 2022

Safra Bank Replacing its Old Building with Wonderful Structure!

3050 Northeast 199th Street in Aventura, Florida.

The 200-foot-tall structure is designed by British architectural and engineering firm Foster + Partners with ODP Architecture & Design as the architect of record. The City of Aventura granted the bank approvals for the 12-story project, allowing for the redevelopment of the site that is currently improved with a 2-story building occupied by Safra. Plans for the new building calls for the development of 113,650 square feet of office space along with two basement levels for parking.

The property is located near the center of the city, parallel to Country Club Drive on the east thats lined up with multiple high-end residential and lodging locations such as the JW Marriott Miami Turnberry Resort & Spa and the Coronado Condominium. The interior lot is across the street from Tidal Cover Waterpark, bounded by Northeast 199th Street (Aventura Boulevard) to the north and Northeast 29th Place to west.

Renderings of the structure depict an inverted pyramid-like superstructure enveloped in a glass curtainwall. The 12-story tower is dressed with striking vertical and horizontal metallic lines, resembling the aesthetic of a diamond or some type of crystal.

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