“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.
For more than 30 years, Miami’s Corporate Run has brought the city’s legion of office workers out of their cozy swivel chairs and into the streets for an evening of fun, exercise, and team building. With over 28,000 participants expected this year, the “run” has grown into an annual, must-attend institution, but one marked more as a mega-office party than any form of actual race. In honor of its early days (back when “you could count on one hand the companies that had health and wellness programs for their employees,” according to the Run’s website), we dedicate this edition to news that connects our region’s fitness focus with its passion for business and real estate. So lace up those sneakers, stretch those muscles, and enjoy this Miami Corporate Run edition of “South Florida by the numbers.”
900: Estimated number of companies expected to participate in this year’s Corporate Run. The dramatic growth in participants has made pacing a serious challenge, as slower walkers tend to make things difficult for those who want to actually…you know…run. [MiamiHerald]
24 feet: Size of octagon at the UFC Gym Kendall, recently purchased by Miami resident and former Yankees player Alex Rodriguez. “A-Rod,” a real estate investor in his spare time, also purchased development rights to create more UFC-branded gyms in Miami. [TheRealDeal]
$19.5 million: Price of one of the penthouse units for sale at the Muse condominium in Sunny Isles, built in a collaboration between author Deepok Chopra, design firm Delos, and developer Property Markets Group. The units are being constructed and branded as “wellness real estate,” living spaces ostensibly designed to optimize bodily functioning. [TheRealDeal]
36,000 square feet: Size of the new Orangetheory corporate headquarters in Boca Raton, triple the size of the company’s previous Fort Lauderdale location. The new headquarters includes an in-house Orangetheory Fitness studio, a 60-person franchisee training room, five conference rooms, a green room for filming, and collaboration areas throughout the two-story building. [SouthFloridaBusinessJournal]
80 Acres: Size of proposed Surf Ranch Florida, a man-made “surf park” to be built by surfing legend Kelly Slater. The facility would be located at the Palm Beach Park of Commerce, off the Beeline Highway just west of Jupiter, according to the zoning application submitted. Slater claims the height, speed, and shape of the waves can be adjusted with technology that will be available at the park. [Sun-Sentinel]
This column is produced by the Master Brokers Forum, a network of South Florida’s elite real estate professionals where membership is by invitation only and based on outstanding production, as well as ethical and professional behavior.