Metronomic plans Little Havana office project SieteOcho

Plans call for a five-story office building featuring a rooftop lounge

Nov.November 07, 2018 04:30 PM

Renderings of SieteOcho

A new office development is planned for Little Havana.

Metronomic just announced plans to build a five-story office project called SieteOcho at 640 Southwest Eighth Avenue. The project would mark one of the first new office developments in the area, amid a surge of new boutique multifamily construction.

The company recently acquired the 2,450-square-foot development site, but it has not yet cleared records. A spokesperson for the company declined to comment on the price. The lot previously sold for $72,000 in 2009, records show.

The developer plans to break ground on the project in early 2019, according to a press release. The 8,047-square-foot building was designed by architecture firm Burgos Lanza & Associates. Features include roughly 1,300-square-foot open-concept offices, floor-to-ceiling windows and a rooftop garden and lounge area.

In addition to SieteOcho, Metronomic has 12 construction projects planned for Little Havana, including a series of two-story residential developments called La Elaina.

Retail rents are also rising in the area, thanks to Little Havana‘s proximity to Brickell and the success of retailers along Southwest Eighth Street, or Calle Ocho. New, trendy businesses such as Union Beer Store, Velvet Creme Doughnuts, Azucar Ice Cream Co., Ella’s Oyster Bar and the Ball & Chain nightclub now line the busy street.

Related Articles

Steven Hurwitz and Ryan Severino

JLL’s top economist forecasts low probability of a recession

1800 Southwest 27th Avenue

Freshwater Group buys Miami office building

Malcolm Butters, 950 Peninsula Corporate Circle in Boca Raton

Butters buys Boca Raton office building

From left: 3225 Aviation Avenue and 3250 Mary Street; Roberto Susi and Jose Sasson (Credit: Google Maps)

Madison Marquette pays $47M for Coconut Grove office buildings

2001-2005 West Cypress Creek Road, Alex D. Zylberglait

Office complex near Fort Lauderdale airport sells for $7M

Little Havana assemblage and Carlos Fausto Miranda

Presidente Supermarkets owner lists Little Havana assemblage for $22M

Rendering of 119 Washington Avenue, Amit Egan Datwani of The Global Consulting Organization and Cyril Bijaoui of The Company Real Estate (Credit: Palma Architecture)

South Beach building near Joe’s Stone Crab hits market for $45M

There were plenty of offices leased in 2019 (Credit: iStock)

South Florida’s biggest office leases of 2019