Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MIAMI-Foram Group Inc. has broken ground on the first phase of the mixed-use Brickell Financial Centre, the city’s first LEED pre-certified high-rise project. Located at 680 Brickell, Brickell Financial Centre is the city’s first major office project since 2000 and will consist of two office towers.

“I was strongly considering building green, but one day, after three hours spent talking with the mayor, I became convinced and all the more motivated that this was the right and the only thing to do,” said Foram Development CEO Loretta Cockrum, during a ground-breaking ceremony.

The first phase will consist of a 40-story class AA office tower with 602,721 sf and is expected to be completed in summer 2009. The groundbreaking and completion dates for the second phase have not yet been determined, but it will consist of a 68-story mixed-use tower. Retail space will be located at the base of the building, with parking, office space, a 300-room hotel and condominiums stacked in ascending order.

An important aspect of the project is its green building design. Although there are several smaller green buildings in Miami, Brickell Financial Centre is the first green project of this size. It was designed to achieve the US Green Building Council’s Leadership in Energy and Environmental Design (LEED) silver certification. “I commend Loretta for being a pioneer in the sustainable building movement. It is my hope that, with buildings like Brickell Financial Centre, Miami will soon become a model for the rest of the country,” said Miami Mayor Manuel Diaz.

CB Richard Ellis was named the exclusive leasing and management agent for the project. CB Richard Ellis senior vice president Randy Olen and first vice president Sim Wilson will lead the leasing team responsible for the property.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.