Metronomic plans Little Havana office project SieteOcho

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

Miami /
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

arrow_forward_ios
20200 West Dixie Highway, Miami with Harry Dornbusch and Dr. Joshua Lampert (Google Maps)

Aventura office condo owners allege construction defects at Beacon Tower

Aventura office condo owners allege construction defects at Beacon Tower
Commissioner Ricky Arriola (iStock)

Miami Beach asks for offers to develop lots near Lincoln Road

Miami Beach asks for offers to develop lots near Lincoln Road
Lexington Realty Trust's Wilson Eglin and 5600 Broken Sound Boulevard, Boca Raton (Google Maps)

HSBC to take over Boca Raton office building following foreclosure auction

HSBC to take over Boca Raton office building following foreclosure auction
Javier Lopez and 2525 Ponce de Leon Boulevard, Coral Gables (Credit: Google Maps)

South Florida office landlords are offering sweeteners to lure tenants amid the pandemic

South Florida office landlords are offering sweeteners to lure tenants amid the pandemic
UDT CEO Henry Fleches and Midtown Capital CEO Alejandro Velez with 2900 Monarch Lakes Boulevard (Miramar Parks & Rec, Midtown Capital, Cushman & Wakefield)

Midtown Capital Partners buys Miramar office center for $23M

Midtown Capital Partners buys Miramar office center for $23M
Despite record high office vacancies across South Florida, average asking rates hit new highs

South Florida Q3 office rents hit record high, despite higher vacancies

South Florida Q3 office rents hit record high, despite higher vacancies
Tere Blanca and the Aventura office complex (Credit: Google Maps)

Aventura office complex Optima inks new leases

Aventura office complex Optima inks new leases
2290 and 2328 10th Avenue N, Lake Worth

Lake Worth Beach office buildings sell for $11M

Lake Worth Beach office buildings sell for $11M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...