Waterford at Blue Lagoon will have outdoor yoga and food trucks

Nuveen Real Estate and Allianz Real Estate plan $10M in capital improvements after spending another $10M on renovations last year

TRD MIAMI /
Feb.February 26, 2020 10:30 AM
Mike Sales CEO of Nuveen Real Estate and Waterford at Blue Lagoon

Mike Sales CEO of Nuveen Real Estate and Waterford at Blue Lagoon

One of Miami’s most prominent corporate office complexes is rebranding with yoga sessions, food trucks and bike sharing to appeal to millennial workers.

Waterford at Blue Lagoon, home to the offices of Airbus, FedEx and Burger King, will be renamed the Waterford Business District after a $10 million capital improvement program. Nuveen Real Estate and Allianz Real Estate, which control over 1.8 million square feet or 60 percent of the office space within Waterford, are paying for the improvements, which will follow another $10 million spent in renovations last year, according to a spokesperson.

The Waterfront Business District, near Miami International Airport, houses more than 100 multinational corporations, according to a press release. Tenants of the Nuveen/Allianz portfolio of buildings will have access to conference facilities, bike and ride sharing programs, weekly outdoor yoga and boot camp sessions and two fitness centers. Tenants will also have access to pop-up food and beverage options, food trucks, business networking opportunities and professional development seminars.

Blanca Commercial Real Estate is handling leasing for the Waterford Business District, led by Juan Ruiz and Andres del Corral. Other services and amenities within the Waterford Business District include a daycare center and a post office.

The area will soon see an uptick in new residential units and hotel rooms. In December, Miami commissioners approved a crucial zoning change that allowed developers to build residential units in the office park. The change enabled the Weiss Group to develop six buildings in Blue Lagoon with a total of 888 residential units and 294 hotel rooms.


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