"The Bus Stops Here... Highlighting Broward County" Thursday July 21, 2016
NAIOP | Property Listings
Project Name 550 Building Project Address 550 Andrews Avenue City / Zip Fort Lauderdale, FL 33301 Building Information
Owner / Developer Type (office, Warehouse, etc.) Status (New, Completed, Renovated) Year Build / Completion Date Number of Buildings Building Size (s) Number of Floors Floor Size Parking Ratio Minimum Available Maximum Contiguous Total Available Rental Rate / Operating Expense
Land Information
Blackhawk Properties & Investments, LLC.
Office with retail components New 2017 Construction scheduled to be completed by Fall 2017 1 7 12,850 4/1000
Office $28 PSF NNN – Retail $55 PSF NNN $10 CAM
Owner / Developer Type (Land for Sale, Build-to-Suit) Total Acres Zoning Site Size Price
Contact Information
Contact Company Address Phone e-mail
Additional Information
Berger Commercial Realty Corp 1600 SE 17th St Causeway #200 Fort Lauderdale, 33316 954-652-2048 jbyrnes@bergercommercial.com
Located at 550 S. Andrews Ave., the new 70,000-square-foot building, which will have an attached parking garage, is slated to open in fall 2017. With a groundbreaking scheduled for summer 2016, this is the first new office building to be built south of the New River since 1989. The property formerly housed the 32,500-square-foot Justice Building, which was purchased by Blackhawk in December 2013. The new development will be known as the 550 Building. With its location next to the new 700,000-square-foot Broward County Judicial Complex, thousands of new multi-family units, and a proposed stop for the new Wave street car line, we expect that the new 550 Building will generate tremendous interest and will become one of the premier, sought-after buildings in this area for office and retail tenants alike." Developers of the 550 Building include Kate Murphy of Collins Capital Partners, Thomas McDonald of Craven Thompson Engineering, and William Murphy of Douglas Management. William Murphy was part of the team that developed the current Broward County School Board building. Designed by the award-winning architectural firm of Falkanger, Snyder, Martineau and Yates (FSMY), the building's contemporary design will feature floor-to-ceiling impact glass, a dramatic, modern entranceway and lobby, and an urban-friendly retail and restaurant plaza on the ground floor with both indoor and outdoor cafĂŠ seating areas. Commercial real estate veterans Steve Hyatt, Joseph Byrnes and Stephanie Bernota of Berger Commercial Realty are the exclusive leasing agents for office and retail space at the 550 Building
NAIOP SOUTH FLORIDA CHAPTER 1500 W Cypress Creek Rd, Ste 420, Ft. Lauderdale, FL 33309 Phone: (954) 990-5116 E-mail only to: naiop.info@naiopsfl.org
79