FORT LAUDERDALE, FL –Blackhawk Properties &
Investments, LLC has started construction at 550 S. Andrews Ave. in downtown
Fort Lauderdale.
Upon completion in the spring of 2019, the property will
consist of the 550 Building and SOLO Shoppes, a 95,532-square-foot, seven-story
tower with six floors of office space and 7,500 square-feet of restaurant and
patio space on the ground floor.
Featuring an attached parking garage with more than 600
spaces, the class-A building will be the first new office building in downtown
Fort Lauderdale’s South of Las Olas (SOLO) District since 1989.
“The 550 Building will be a great addition to an area
that is burgeoning with residential development and lacking in modern office,
retail and restaurant space,” said Joseph
Byrnes, a senior vice president with Berger Commercial Realty/CORFAC
International, the exclusive leasing and property management firm for the 550
Building.
“Several office tenants and restaurant operators have
been monitoring the progress of the project and are actively speaking with us
to advance their plans for occupancy.”
Jim Naugle |
Formerly home to the Justice Building, the site was purchased by Blackhawk Properties for $3.6 million in 2013. In 2016, Blackhawk acquired the neighboring site, previously owned by former Fort Lauderdale Mayor Jim Naugle, to accommodate the parking garage and SOLO Shoppes.
The lot is adjacent to the Broward County Judicial
Complex at the northeast corner of Andrews Avenue and S.E. 6th Street, which
boasts one of the highest pedestrian traffic counts in Broward County.
Developers of the 550 Building include Thomas McDonald, Kate Murphy of Collins
Capital Partners and William Murphy
of Douglas Management. The 550 Building is designed by the award-winning
architectural firm of Falkanger, Snyder, Martineau and Yates (FSMY).
Along with Byrnes, Senior Vice President Steve Hyatt is serving as the
property’s exclusive leasing agent.
For more information about leasing at the 550 Building,
contact Berger Commercial Realty at 954-358-0900.
For more information, please contact:
Lexi Robinson
954-776-1999, ext. 255
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