The Real Deal Miami

Metropica taps CBRE for first planned office building

The building, to be completed by 2020, will total 170k sf of Class A office space
September 07, 2018 01:30PM

1700 Metropica Way, CBRE Chris Gallagher and Carol Elis-Cutler

Metropica has tapped CBRE to handle pre-leasing for its first phase of office development at the $1.5 billion mixed-use project in Sunrise.

The first phase of office development will be a 170,000 square foot Class A office building at 1700 Metropica Way that is expected to be completed by 2020. CBRE’s Carol Ellis-Cutler and Chris Gallagher will lead the leasing efforts, according to a release. Metropica also revealed the office building’s design for the first time.

Metropica Development LLC, led by CEO Joseph Kavana, is developing the 65-acre project. Cooper Carry, CI Design, Oppenheim Architecture, YOO Design Studio and EDSA are designing the project.

Metropica will also include a second phase of office development totaling 500,000 square feet, as well as more than 2,250 residential units, retail, shopping and entertainment, green spaces, public spaces, and luxury hotel.

Metropica is located at 1800 Northwest 136th Avenue, on the northeast corner of Sunrise Boulevard and 136th Avenue, west of outlet mall Sawgrass Mills. The office building will be on the southern part of the project’s 65 acres.

The project plans to complete the first of its eight residential towers and welcome residents this year, according to the release known as Metropica One, the the 263-unit, 28-story tower is at 1800 Northwest 136th Avenue in Sunrise. It will have units ranging from 740 square feet to 1,369 square feet with prices ranging from $380,000 to $1.25 million. One Sotheby’s International Realty is handling sales for the condo tower. — Keith Larsen