Check out new renderings for Miami Tower’s Sky Lobby

Miami Tower’s Sky Lobby will soon be renovated and expanded, following Sumitomo Corp. of Americas’ $220 million purchase of the downtown office building last year.

The 5,300 square-foot Sky Lobby, on the 11th floor of the 47-story tower, will expand by additional 7,000 square feet, “to make a dynamic, functional space,” Andrea Lopez, Transwestern’s senior vice president for the Southeast told The Real Deal at an event hosted by Sumitomo and Transwestern Wednesday night.

Plans are to create a lounge, bar, cafe, private meeting rooms and event space for weddings and other celebrations, she said. Koko Architecture + Design, based in New York, has completed the designs, and construction is expected to begin soon.

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Lopez said the goal is for the skylobby to be a “third space” for tenants, with the first space as their offices and the second, their conference rooms.

“It’s a third space in the building where you can bring people together,” she said.

Sumitomo bought the 619,093-square-foot Miami Tower at 100 Southeast Second Street in May 2016.

Earlier this month, Sumitomo brought in Transwestern to handle office leasing, substituting the firm for Cushman & Wakefield. Transwestern also provides property management services for tower. CBRE continues to handle retail leasing.