Florida's Largest Office Tower Begins $8M Renovation Project

Southeast Financial Center®, Florida’s tallest and largest office tower and plaza totaling 1.225 million square feet in the heart of Miami’s Central Business District (CBD), is pleased to announce a new phase of renovations at the building totaling $8.15 million to modernize, further increase efficiencies and enhance the tenant experience.
Since taking 100 percent ownership of the building in late 2008, institutional investors advised by J.P. Morgan Asset Management – Global Real Assets have invested more than $20.5 million on capital improvements at Southeast Financial Center.
“As one of Miami’s landmark buildings, we are constantly seeking new ways to enhance the tenant experience and continue to set benchmarks for class A office space in Miami,” said Jay Leone, Vice President, Group Manager with JLL, Inc., the exclusive management and leasing agent for Southeast Financial Center. “Over the past six years, ownership has committed to making capital investments that further allow the building to stand out as a leader in the market. As a result, Southeast Financial Center is one of the most highly sought after office buildings in the area.”
The newest phase of upgrades includes a $6.4 million elevator modernization project led by Schindler. Southeast Financial Center is the first building in the Downtown Miami submarket to implement elevator destination dispatch technology. The new system saves energy and reduces operating expenses, and leads to savings for the tenants by allowing employees to get to their respective offices faster and maximize work hours. Additionally, it offers:

  • Improved traffic handling and even distribution of passengers for efficient energy consumption.
  • Green technology to enhance efficiency and improve performance.
  • Remote monitoring for 24/7 monitoring and diagnosis that helps return equipment to service up to 22 percent faster than traditional troubleshooting methods.
  • Schindler’s award-winning destination dispatch PORT Technology, an add-on that promotes energy savings, much higher efficiency of all the elevator cabs.

 
Keeping in line with the building’s forward thinking technological updates, Southeast Financial Center has contracted SemaConnect to implement high-end electric vehicle charging stations with easy payment options. “Having SemaConnect’s electric vehicle charging stations at any building is an essential amenity for tenants, guests and visitors to charge up, and we’re proud to support Southeast Financial Center and their commitment to sustainability,” said Mahi Reddy, Founder and CEO at SemaConnect.
Additional improvements include:

  • Construction of a state of the art conference and training center available for tenant use.
  • A new roof for the Tower will be completed in advance of Florida’s rainy/hurricane season.
  • New common area signage.
  • Two pay-on-foot payment stations in the garage.
  • A tenant portal to automate all work orders and vendor notifications online in order to streamline property management processes and provide an enriched quality of service.

 
The newest renovations will complement the recent interior and exterior updates.

 

-------------------------

Get the latest industry news and information from CRE-sources delivered right to your email inbox!

And we promise…no more than one email each morning.

 

CLICK HERE TO SUBSCRIBE TODAY!