Drawing from the rich history and heritage of the Shelborne South Beach, the Development Team is committed to preserving the Hotel’s 1940 Art Deco distinction and authentic charm, while modernizing the Hotel.
The project is one of the few retail, office, and residential developments that is accessible by boat in Miami.
Steven Hurwitz, Doug Okun and Madeline Fine of JLL represented CP Group in the lease transactions.
JLL’s Zach Winkler represented Nuveen in the retail lease negotiations for Pura Vida’s new space, is double in size from its current Brickell outpost.
The developer said the office floor plates would range from 19,000 to 27,000 square feet and the project would include retail space on the ground floor and about 1,000 parking spaces.
Drew Kristol and Kirk Olson, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, MMG Equity Partners.
Colliers South Florida’s Kevin Gonzalez, Jake Freeman and Ana Paula will lead leasing efforts.
The 78,000-square-foot lifestyle-driven retail development spans 5.2-acres.
The project includes 663 units located at the entire block that includes 901 E 26th Street.
Having originated in Netanya, Israel in 1998, the popular brand now has locations throughout the world including Australia, London, Spain, Cyprus, Puerto Rico and, within the USA, locations in New York, Los Angeles and now its first location in Miami.