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South Florida

Serendipity Labs and Centro reveal joint venture

Harvey Hernandez
Harvey Hernandez

The developer of downtown Miami condo project Centro and Serendipity Labs are teaming up on a co-working venture that will take up two floors of the high-rise being built in the city’s Central Business District.

A partnership between Serendipity and Miami-based Newgard Development Group for the 16,500-square-foot facility was announced Tuesday. Centro is a 352-unit loft-style condo tower under construction at 151 Southeast First Street.

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By virtue of this arrangement, Centro will become the only new-to-market residential tower to incorporate a full-service shared workspace into the building, according to a written statement released by a project spokesperson.

“Serendipity Labs’ co-working design and appeal fits in with the vibrant lifestyle of Centro and will offer another market-leading amenity that complements our themes of mobility, sustainability and social connection,” said Harvey Hernandez, Chairman of Newgard Group. “We are so excited about bringing Serendipity Labs to Miami. The amenity will give our residents, locals and traveling business people access to a modern working environment in downtown Miami.” — Andy Kent

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