Helm Equities Launches $300M Miami Office Tower
Parterre 42 marks COOKFOX Architects’ first high-rise project in South Florida.
Helm Equities, a division of NYC-based JEMB Realty Corporation, has unveiled plans for Parterre 42, a 500,000-square-foot mixed-use office and retail development in Miami.
COOKFOX Architects will design the $300 million tower, marking the firm’s first high-rise project in the South Florida market. CBRE will oversee the leasing of the property.
The project aims to achieve LEED Gold and Well Gold certification and will offer dedicated outside air systems, an all-electric HVAC system, as well as operable large-scale multi-pane sliding overhead doors.
Located between N.E. 2nd and 4th Ave., next to N.E. 42nd and 43rd St., within Miami’s Design District, the building will be within half a mile of the Institute of Contemporary Art, numerous dining options, luxury retail venues and design showrooms. Interstate 195 is less than half a mile from the property.
Vice Chairmans Paul Amrich and Neil King, Executive Vice President Gordon Messinger, alongside Senior Vice President Camron Tallon of CBRE will market the available office space.
Rethinking the office workspace
Parterre 42 will encompass 320,000 square feet of available office space and 80,000 square feet of functional outdoor space, with floorplates varying from 70,000 to 86,000 square feet, 13-foot ceiling heights and 360-degree unobstructed views. The tower will have a glass and steel facade, as well as cascading gardens. Amenities of the project include private terraces, a rooftop deck, a café, a fitness center, communal worktables, a town hall and charging stations.
The development represents an opportunity to create a workspace that supports wellness and regenerates the natural environment, while setting a new standard on how workplaces can support the holistic well-being of people, nature and community, said Rick Cook, founding partner of COOKFOX Architects, in prepared remarks.