Shared office space company Pipeline Workspaces will open its fifth location in Doral, the company announced on Tuesday.
Pipeline, which opened its first space in Brickell, will lease 13,000 square feet at Doral Concourse, which is adjacent to CityPlace Doral.
The Doral location is slated to open in the first quarter of next year, at 8400 Northwest 36th Street. Tenants of the building include Marriott International, General Mills, Humana, and Starboard, according to a press release. CBRE’s Shay Pope represented the tenant, and Cushman & Wakefield’s Gordon Messinger represented the landlord.
“Doral’s growth and international population makes it an ideal community to serve as a complement to our other South Florida locations and in line with our hub and spoke model,” co-founder Todd Oretsky said in a statement. “Pipeline is creating an office and social network that will allow people to work near their house or in the most expensive business address for as little as $200 per month, giving them access to communities that they would never have been able to tap into before.”
Doral is undergoing an urban transformation with the of addition two mixed-use, master-planned communities: Downtown Doral, developed by Codina Partners, and CityPlace Doral, developed by the Related Group, Shoma Homes and Prudential. Sergio Pino’s Century Homebuilders Group is also planning a mixed-use development, Midtown Doral, a four-phase development near the corner of Northwest 107th Avenue and Northwest 74th Street.
Pipeline also has locations in Philadelphia, will open in Coral Gables in September, and has plans for an 80,000-square-foot Pipeline Co-warehousing and Creative Studios in Miami’s Little River neighborhood. Through a national expansion, Pipeline is predicting that it will be valued at more than $100 million within the next two years, the company said in April. It sold a minority stake to a member of Pipeline Brickell, bringing the company’s valuation to $15 million.