[Altoic]

‘One Of Most Pre-Leased Office Buildings In Miami’s History’ Gets $181M Financing
https://www.thenextmiami.com/one-of-most...s-in-miamis-history-gets-181m-financing/

Developer Oak Row Equities has obtained a $181m construction loan to build the 2600 Biscayne tower, with strong pre-leasing activity reported.
The developer said in a statement that it is one of the most pre-leased new construction office buildings in Miami’s history. More than 50% of the proposed 187,000 square feet of office and retail was leased before breaking ground.

Miami Building Department records show that a master construction permit was issued in recent days. A site work permit was issued in September.

2600 Biscayne is planned to rise 41 stories, or 521 feet above ground and 529 feet above sea level. It will include:
-399 rental residences
-187,000 square feet of office and retail space
-over 600 parking spaces
Custom artwork by artist Derrick Adams is planned on the western portion of the facade visible from multiple neighborhoods.

Good news for the office market especially after One Brickell City Centre's news.