Downtown Miami Getting New Mixed-Use Development

The John Buck Company, Florida Value Partners, BH Group, and PEBB Enterprises announced the launch of HUB Miami located in Downtown Miami at 525 NW 2nd Avenue.

The 41-story mixed-use tower will seamlessly blend leisure and work with 306 condominium residences and 245,000 square feet of Class-A office space designed by ODP Architects with interiors by One Line Design Studio. The transit-oriented development will provide a hyper-connected live-work lifestyle and offer proximity to MiamiCentral Station, connecting owners and office tenants to major metros throughout the state. Demolition of the current site is set to begin by the end of 2023.

OneWorld Properties has been selected as the exclusive sales and marketing brokerage for HUB Miami Residences, which are priced from the mid $400,000s, and commercial real estate firm CBRE has been selected to lead leasing efforts for HUB Miami Offices.

“We are proud to introduce HUB Miami to the vibrant Miami market, marking a significant milestone as our firm’s first project in Florida,” said Ryan Lovell, Managing Director of Investments at The John Buck Company. “HUB Miami offers a unique approach to mixed-use development in South Florida by featuring Class-A office space to meet the demand of the city’s ever growing need for high-caliber office product. The property’s central location and access to transportation hubs such as MiamiCentral Station will provide much needed connectivity for owners and office tenants alike.” 

Beginning on the 22nd floor, HUB Miami Residences’ collection of fully furnished and finished open-layout residences include studio, junior one bedroom, one bedroom, one bedroom plus den and two-bedroom options ranging in size from 394 to 1,046 square feet. Each residence will have open, contemporary floor plans with floor-to-ceiling glass windows and will be delivered with luxurious designer finish packages including gourmet kitchens with integrated Bosch appliances and custom cabinetry. A keyless entry system will grant owners access via smartphone app, door code or key card.

“Florida Value Partners is thrilled to once again work alongside The John Buck Company on this first-time Miami collaboration with HUB Miami,” said Gus Alfonso, Managing Partner and CEO of Florida Value Partners. “By tapping into our combined experience in markets outside of Florida, we believe we are bringing a fresh perspective on the ultimate mixed-use development in the heart of Downtown Miami. Additionally, working alongside BH Group and PEBB Enterprises will allow us to combine our collective expertise to develop a project that transcends Miami’s ever growing skyline.”

HUB Miami Residences will also be home to a curated array of resident-only amenities including a state-of-the-art fitness center, yoga and spin room, spa with a sauna and cold plunge pool, resident lounge and entertaining space, and dedicated work-from-home lounge equipped with video conference rooms and private phone booths. Outdoor amenities include a Sky Lounge bar and resort-style pool with lounge seating. For further convenience, HUB Miami Residences will provide 24/7 concierge and security services as well as access-controlled entry points throughout the tower.

“HUB Miami Residences will be a highly sought-after destination, offering future residents a prime location for those looking to embrace the vibrant lifestyle and endless opportunities that Downtown Miami has to offer,” said Peggy Olin, CEO of OneWorld Properties. “Our team is grateful to have the opportunity to continue to promote the development and evolution of Downtown Miami. There has never been a better time to invest in this city and the partnership of The John Buck Company and Florida Value Partners, in addition to BH Group and PEBB Enterprises further solidifies this.” 

Equally as magnificent as the residences, HUB Miami Offices will offer over 245,000 square feet of Class-A office space. Beginning on the ninth floor of the FGBC-certified property, floor plates range from 18,000 to 32,000 square feet with floor-to-ceiling windows and column-free floor plans. Tenants will have access to over 15,000 square feet of private amenities including a dedicated office lobby, private fitness center, tenant lounge, conference center as well as an on-site concierge and 24/7 security.

HUB Miami marks a world-class collaboration between The John Buck Company, Florida Value Partners, BH Group and PEBB Enterprises. As recognized developers in residential and commercial real estate space, the culmination of each partner’s expertise has resulted in a first-of-its-kind residential and office offering in Downtown Miami, which continues to evolve as a highly coveted destination and economic force in the United States.