A new Miami Beach office building seeking some of the area’s priciest rents has lured a posh New York restaurant brand to serve a growing financial-industry clientele.

J. Goldman & Co. signed a lease at a new Miami Beach office building that’s seeking some of the highest rents ever seen in the market.

New York-based hedge fund J. Goldman & Co. signed a lease at a new Miami Beach office building that’s seeking some of the highest rents ever seen in the market.

Sumaida + Khurana and Bizzi + Bilgili, two internationally recognized real estate development firms, have announced that the renowned Milanese restaurant and coffee bar, Sant Ambroeus, will open its first Miami location at The Fifth Miami Beach.

Real estate firms Sumaida + Khurana and Bizzi + Bilgili have secured $47.25 million in construction financing for The Fifth Miami Beach, Commercial Observer can first report. The five-story project, designed by Spanish architect Alberto Campo Baeza, is the first office development to be built in Miami Beach’s swanky South of Fifth neighborhood in decades. It will be Campo Baeza’s first Miami project and first commercial building in the United States.

Sumaida + Khurana and Bizzi+Bilgili, two internationally renowned real estate development firms, announced closing $47.25 million in construction financing from Cain International for The Fifth Miami Beach. This new Class A+ office building at 950 5th Street is the first commercial building in Miami’s South of Fifth neighborhood in 20 years.

A new Miami Beach office building backed by ex-Google Chief Executive Officer Eric Schmidt will seek some of the highest rents ever seen in that market to cater to the growing number of hedge funds and finance firms expanding in the region.

A New York-based hedge fund pre-leased at the Fifth Miami Beach office project under construction in South Beach.

Sant Ambroeus, the luxe Italian restaurant and coffee bar, is set to open its first Miami location at the Fifth Miami Beach in late 2025. Best known for its contemporary take on Milanese cuisine, the restaurant will occupy over 7,000 square feet at the base of the new Class A+ office building in the South of Fifth neighborhood.

Sumaida + Khurana and Bizzi + Bilgili have announced that Sant Ambroeus will open its first Miami location at The Fifth Miami Beach.

Ex-Google CEO Eric Schmidt and his New York-based partners are ready to start courting high-profile, deep-pocketed tenants for a planned office project in Miami Beach’s South of Fifth neighborhood.

New York-based high-end Italian restaurant Sant Ambroeus is gearing up to open its first Miami location at THE FIFTH MIAMI BEACH in late 2025. The restaurant, known for its contemporary take on Milanese cuisine, will occupy over 7,000 SF in the Class A+ office building in the South of Fifth neighborhood.

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Italian restaurant Sant Ambroeus will open its first Miami-Dade County outpost in South Beach.

Renderings Reveal Liberty Landing Affordable Housing Conversion at 550 West 20th Street in West Chelsea, Manhattan.

The restaurant in the South of Fifth office development will be the group's second in South Florida. It already has a location on the island of Palm Beach.

Sant Ambroeus, one of Milan's most revered hospitality brands, plans to open its first Miami location in Miami Beach in late 2025. The internationally known restaurant and coffee bar specializes in contemporary yet traditional Milanese cuisine.

The iconic Italian restaurant Sant Ambroeus is set to make its debut in Miami Beach at The Fifth Miami Beach office development.

One of Milan's most revered hospitality brands and one of the most internationally known restaurants and coffee bars, Sant Ambroeus, will open its first Miami location in Miami Beach in late 2025.

Famed Restaurant Sant Ambroeus to Open First Miami Location in Miami Beach.

New York’s Italian Sant Ambroeus restaurant concept will make its Miami Beach debut at the The Fifth Miami Beach office development.

New York’s Italian Sant Ambroeus restaurant concept will make its Miami Beach debut at the The Fifth Miami Beach office development.

The 201K SF One Town Center office building in Boca Raton traded for $82M, a nearly 18% discount on the seller’s $99.5M purchase price in 2021.

Miami Beach, FL – July 22, 2024 – Santambroeus, the renowned Milanese restaurant and coffee bar, is set to open its first Miami location at The Fifth Miami Beach, a state-of-the-art office building designed by the acclaimed architect Alberto Campo Baeza.

(Bloomberg) -- A new Miami Beach office building seeking some of the area’s priciest rents has lured a posh New York restaurant brand to serve a growing financial-industry clientele.

In 1936, the renowned Milanese restaurant and coffee bar, Sant Ambroeus, first opened its doors in Milan, quickly gaining a devoted following for its refined take on Italian cuisine. The New York flagship, launched in 1982 on Madison Avenue, extended this legacy to the United States, offering a seamless blend of Italian culinary traditions and old-world charm.

(Bloomberg) -- A new Miami Beach office building seeking some of the area’s priciest rents has lured a posh New York restaurant brand to serve a growing financial-industry clientele.

Miami Beach, FL – December 29, 2023 – In a major milestone for Miami Beach’s South of Fifth neighborhood, renowned real estate developers Sumaida Khurana and Bizzi Partners have secured a $47.3 million construction loan for The Fifth Miami Beach — A rare addition to Miami Beach’s highly residential South of Fifth neighborhood.

International recognized real estate development firms, Sumaida + Khurana and Bizzi+Bilgili, a partnership between Bizzi & Partners with Serdar Bilgili, have locked down a $47.3 million construction loan for THE FIFTH MIAMI BEACH, a five-story Class A+ office building designed by renowned Spanish master architect Alberto Campo Baeza in Miami Beach’s South of Fifth neighborhood.

A pair of development firms scored a $47.3 million construction loan for a five-story office building in Miami Beach’s South of Fifth neighborhood.
Bizzi+Bilgili — a partnership between Bizzi & Partners and Turkish investor Serdar Bilgili — and Sumaida + Khurana are developing The Fifth Miami Beach. Former Google CEO Eric Schmidt is a partner in the project.

Christmas came early for developers looking to break ground on new projects in Miami, with lenders gifting more than $125M in construction loans to five projects in late December.

Sumaida + Khurana and Bizzi+Bilgili are building the Fifth Miami Beach office building.

New renderings have surfaced for The Fifth Miami Beach, a new 5-story Class A+ office building scheduled to start construction soon at 411 Michigan Avenue in the South of Fifth neighborhood of Miami Beach.

A quick cruise across the MacArthur Causeway from Downtown Miami lands you on 5th Street in South Beach, where Spanish architect Alberto Campo Baeza’s first commercial commission in the United States will soon be built.

Developers Sumaida + Khurana and Bizzi & Partners, backed by former Google CEO Eric Schmidt, are planning to develop the first new office building in the posh South of Fifth neighborhood of Miami Beach in over 15 years, seeking asking rents north of $170 per SF.

Sumaida + Khurana and Bizzi & Partners, two internationally recognized real estate development firms, have received approval from the City of Miami Beach to proceed with the construction of a new Class A+ office building designed by renowned Spanish master architect Alberto Campo Baeza.

Although Alberto Campo Baeza has taken on a modest number of North American commissions in the recent past, a just-green-lit office building in Miami Beach will mark the highly decorated Spanish architect’s first-ever commercial project in the United States.

Developers Sumaida + Khurana and Bizzi & Partners can move forward with their Miami Beach office project after receiving the green light from the city’s historic preservation board.

Spanish architect Alberto Campo Baeza designed this office building planned at 944 5th Street, Miami Beach.

Sumaida + Khurana and Bizzi & Partners are planning a five-story building with 56,177 square feet at 944 5th Street and 411 Michigan Avenue in the city’s South of Fifth neighborhood, according to a press release.

Spanish architect Alberto Campo Baeza has unveiled his first commercial project to be built in the USA – a Miami office building for developers Bizzi & Partners and Sumaida + Khurana.