Cushman & Wakefield and Flagler Healthcare Investments have been awarded the 500,000-square-foot medical office leasing assignment for Highland Park Miami, a $1 billion planned mixed-use and transit-oriented development project totaling 7 acres in Miami.
Ryan Holtzman, Andrew Trench, and Michael Feldman of Cushman & Wakefield and Chris Coots of Flagler Healthcare Investments will collaborate to oversee medical office leasing efforts on behalf of the developer, which is a partnership between Black Salmon and The Allen Morris Company. The teams will handle leasing for the entire medical office portion of Highland Park Miami which includes two buildings.
“We are thrilled to launch Highland Park Miami – the most innovative, state-of-the-art medical office project ever developed in South Florida. This development represents a significant step forward in ownership’s commitment to advancing healthcare infrastructure in Miami. Our partnership with Flagler Investment Healthcare will harness the collective wisdom, innovation, and experience of both organizations to create a world-class medical facility that meets the diverse needs of our community,” said Holtzman, Executive Managing Director at Cushman & Wakefield.
Highland Park Miami will feature six buildings located at 800 NW 14th St. that will be developed over various phases with Arquitectonica planning the design of the entire project. Included will be 1,000 multifamily units designed by Oppenheim Architecture, offering modern living spaces and top-notch amenities for its residents. The project will also have 500,000 square feet of dedicated medical office, retail and restaurants, green space, and a hotel with 150 rooms.
“The Highland Park Miami project will be one of the most sought-after high-profile healthcare destinations in South Florida. The quality and amenities are a real game changer for the Miami Healthcare District and the visibility from State Road 836 and Interstate 95 is just incredible,” added Coots, Founding Partner of Flagler Healthcare Investments.
Located one block south of the existing Miami Health District, the second largest medical hub in the U.S., Highland Park Miami is expected to increase the district’s footprint by 10 percent. It will also be near State Road 836, the largest jobs centers, and commercial hubs in Miami including Wynwood, Downtown Miami, Brickell, and the Design District.
Source: CRE-sources