The Real Deal Miami

Office condo tops off after 80% of the units sell

The 16-story Ofizzina development in Coral Gables is expected to be finished in fall
April 08, 2017 10:00AM

The Ofizzina development at 1200 Ponce de Leon Boulevard in Coral Gables

Updated, 1:30 p.m. May 24: Construction crews topped off a 16-story office condominium in Coral Gables called Ofizzina after the co-developers sold 80 percent of the units.

Co-developers TSG and BF Group expect Beauchamp-Ocean Contractors to finish construction of the condo office building in fall.

The development at 1200 Ponce de Leon Boulevard will have 54 offices, three ground-floor spaces for retail stores and 300-plus parking spaces.

One Sotheby’s International Realty agents Saddy Delgado, Lourdes Alatriste and David Carrion-Levy were tapped to sell the remaining $21 million worth of inventory, which includes the 11th floor, two mezzanine units, two suites and two retail spaces – all totaling more than 27,000 square feet.

The architectural design of Ofizzina by Corwil Architects will feature a classic Mediterranean façade. MKDA  designed the interior common areas.

“We are proud to reach this pinnacle milestone, bringing us one step closer to unveiling Ofizzina,” Camilo Lopez, CEO and managing partner of TSG, said in a prepared statement. “Our vision was to move beyond the traditional meaning of the nine-to-five workplace.”

The property’s amenities will include a private rooftop lounge, an espresso bar, a fitness center and electric vehicle charging stations.