(Crystal Proenza is associate editor of Real Estate Florida.)

MIAMI-Town Center One, a 210,000-sf class A office condo building, located on North Kendall Drive in the new Downtown Dadeland area, has topped off. The building is 52% sold and is on track for completion by May 2009, according to developer Dayco. Luis Lamar, president of the development company, says the estimated sell-out of the project is $100 million.

“The Dadeland area’s appeal has been a major selling point at Town Center One,” says Doris Myers, project manager. “Many areas of Miami-Dade are on the way to becoming what we already are—a true urban sub-market with every conceivable amenity, from mass transit (direct access to Metrorail), to shopping (across the street from Dadeland Mall) to multiple residential options ([1200] new units within strolling distance of Town Center One), all within a beautiful, walkable environment.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.