Demolition clears land for Lauderdale office building

Blackhawk Properties & Investments expects to open the building in spring of 2018

TRD MIAMI /
Feb.February 11, 2017 10:30 AM

Rendering of 550 Building

Blackhawk Properties and Investments, LLC, will start construction of a seven-story office building on South Andrews Avenue in Fort Lauderdale after demolishing an existing building on the site.

Built in 1982, the existing 30,734-square-foot building at 550 South Andrews Avenue, known as the Justice Building, housed some of the leading law firms in Broward County. 

Blackhawk Properties and Investments, which bought the property for $3.6 million in 2013, will build an 86,257-square-foot office building on the site. The new office building, called the 550 Building, will have 14,000 square feet of retail and restaurant space on the ground floor, plus an attached 663-space parking garage.

Berger Commercial Realty/CORFAC International will be the exclusive leasing agency and property manager for the new office building, expected to open in spring of 2018.

The 550 Building will be the first new office building in Fort Lauderdale’s South of Las Olas (SOLO) District since 1989, Joseph Byrnes, a senior vice president of Berger Commercial Realty/CORFAC International, said in a prepared statement.

Berger Commercial Realty is now negotiating lease terms with two local restaurant operators for ground-floor space.


Related Articles

arrow_forward_ios
Daily Digest Miami

Miami Beach OKs hotel development on Lincoln Road, Bank OZK’s construction lending is up: Daily digest

La Social’s original location at 7601 Biscayne Boulevard (Credit: Google Maps)

The Weekly Dish: La Social to open in downtown Miami, Salt & Straw is going to Wynwood 25 & more

Daily Digest Miami

Rise in climate-related home buyouts could worsen housing inequality, Eurostars parent buys historic downtown Miami property: Daily digest

From left: Adam Rubin, Farin Milligan, Nicholas Chatman, Tim Elmes, Addison Ruff, Mike Herstik and Niki Michopoulos

Compass poaches Tim Elmes of Coldwell Banker

Charlie Kushner and Laurent Morali over Fort Lauderdale site (Credit: Google Maps)

Kushner goes to Broward, buying site near Fort Lauderdale train station

One Financial Plaza with Clay Hamlin III and Jay Shidler of Alliance HSP (Credit: Google Maps)

Alliance buys One Financial Plaza in downtown Fort Lauderdale

From left: Edward Romo, Ryan T. Shaw and Scott C. Sandelin and the property

Assemblage in downtown Fort Lauderdale selling for $12M

Fort Lauderdale site of planned Riverparc Square sells

arrow_forward_ios