MIAMI—Espacio USA has finalized plans for a$412-million mixed-use project that includes offices, high-endcondominiums, and street level retail space in Downtown Miami. TheAmerican division of Spain-based real estate firmInmobiliaria Espacio will break ground at 1400Biscayne Boulevard in early 2013.
Project plans include a 12-story, 103,000-square-foot class Aboutique office building designed to achieve LEED Goldcertification and a 55-story luxury residential condominium towerwith prime street-level retail product. Set in Miami’s culturalarts and entertainment district just north of the Adrienne ArshtCenter for the Performing Arts, the project is expected to takefive years to build.
“Downtown Miami is rising in status as a global destination forbusinesses, tourists and residents,” AlbertoMu
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