According to The South Florida Business Journal, A developer has proposed a skinny, 8-story office building on a small lot in the Wynwood neighborhood of Miami.
The Wynwood Design Review Board will consider plans for the Doris on the 5,300-square-foot lot at 153 N.W. 25th St. on July 18. BLP153 LLC, managed by Jared Brunnabend of Bayshore Investment Partners in Miami, owned the property but the application was filed by Miami-based Lombardi Properties. David Lombardi is one of the earliest developers who helped transform Wynwood into a popular spot for dining, retail, apartments and, increasingly, office.
The vacant property was acquired for $2.5 million in October.
The Doris would total 20,419 square feet, with 1,218 square feet of commercial space on the ground floor and 19,201 square feet of office space on the seven floors above it. Each office floor would total about 3,994 square feet and have an outdoor terrace. There would also be a roof terrace.
The building would have no on-site parking, as the developer would pay into the Wynwood Parking Fund that is used to fund parking improvements in the neighborhood.
A representative of Lombardi Properties couldn’t be reached for comment. The Doris was designed by Miami-based Deforma Studio.
While Wynwood was originally known for warehouses and street art, it has become one of the hottest office markets in Miami. According to the second quarter report from Colliers, the average asking rate for office space in Wynwood/Design District was $79.36 per square foot. However, the vacancy
rate was 19.3%, including 31.7% for Class A office space. There was positive net absorption of 33,358 square feet of office during the second quarter, with 874,686 square feet of offices under construction.