The Real Deal Miami

First office building at MiamiCentral will open by the end of summer

In fall, Florida East Coast Industries will open the second office building at the 11-acre, mixed-use development with a train station

Rendering of Three MiamiCentral

The parent company of All Aboard Florida (AAF) this summer will open the first of two office buildings at MiamiCentral, an 11-acre mixed-use development that will include a train station for AAF’s Brightline rail service.

Florida East Coast Industries is developing a standalone office building called Three MiamiCentral and another office building called Two MiamiCentral that will be connected to the train station.

Three MiamiCentral, expected to open by the end of summer, will have 100,000 square feet of office space, including 18,000 square feet that the Brightline rail service will occupy.

Two MiamiCentral, expected to open in fall, will have 190,000 square feet of office space and a group of tenants including Ernst & Young and Regus, a provider of shared office space.

The Cisneros media company will occupy the two top floors of the 10-story Two MiamiCentral office building, and general contractor Moss & Associates will lease space on the seventh floor. Venevision International Enterprises, Fortress Investment Group and Florida East Coast Industries will occupy offices in the building, too.

Rental rates are $33 to $35 per square foot, triple net, at Two MiamiCentral and $29 per square foot at Three MiamiCentral. [Daily Business Review] Mike Seemuth