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5th St Stalled Construction

Cashflow In Miami
October 23, 2021
Class A office coming to stalled construction site on 5th!

411 Michigan Avenue, 419 Michigan, and 944 5th Street

Sumaida + Khurana and Bizzi & Partners are planning a five-story building with 56,177 square feet. An entity managed by principals of both firms bought the two vacant lots for a combined $8.9 million in June. Sumaida + Khurana is led by Saif Sumaida and Amit Khurana. Bizzi & Partners is headed by CEO Davide Bizzi and Managing Director Alessandro Pallaoro.

The joint venture tapped renowned Spanish architect, Alberto Campo Baeza to design the building, and hired Miami-based, Cube 3 as the project’s executive architect.

The South of Fifth office project would be Baeza’s first building in the Miami area, and his first commercial building in the U.S., according to the release. Over the last decade, developers have enlisted world-renowned architects like Renzo Piano, Bjarke Ingels, Rem Koolhaas and the late Zaha Hadid to design luxury condominiums in South Florida.

The proposed office building will be made of white concrete, glass, and marble, featuring high ceilings, open and flexible floorplans, private outdoor terraces and floor-to-ceiling windows. The building is planned to also have a fitness center, multiple food and beverage venues, a large atrium and a private rooftop with water views.

The design includes a contemporary interpretation of breeze blocks, a lobby space with 35-ft plus ceiling heights, an open atrium, and private balconies.

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