{"id":1004207173,"date":"2018-02-15T07:49:03","date_gmt":"2018-02-15T15:49:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004207173"},"modified":"2022-12-08T22:56:24","modified_gmt":"2022-12-09T06:56:24","slug":"rb-realty-readies-for-miami-office-groundbreaking","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rb-realty-readies-for-miami-office-groundbreaking\/","title":{"rendered":"R&amp;B Realty Readies for Miami Office Groundbreaking"},"content":{"rendered":"<p>By Timea Papp<\/p>\n<div id=\"attachment_1004207175\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004207175\" data-attachment-id=\"1004207175\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/rb-realty-readies-for-miami-office-groundbreaking\/the-gateway-at-wynwood\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg\" data-orig-size=\"4520,3390\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"The Gateway at Wynwood\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Gateway at Wynwood&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?w=1024\" class=\"wp-image-1004207175 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg\" alt=\"The Gateway at Wynwood\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg 4520w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?resize=1536,1152 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?resize=2048,1536 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?resize=150,113 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?resize=696,522 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?resize=1068,801 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?resize=1920,1440 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?resize=560,420 560w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?resize=80,60 80w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/The-Gateway-at-Wynwood.jpg?resize=265,198 265w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004207175\" class=\"wp-caption-text\">The Gateway at Wynwood<\/p><\/div>\n<p>R&amp;B Realty has commenced initial site preparations and leasing for The Gateway at Wynwood, a planned, 420,000-square-foot office building in Miami\u2019s Wynwood\/Midtown submarket. Groundbreaking is expected to take place in the next 90 days and completion is estimated for late 2019. The developer tapped Colliers International to oversee leasing\u00a0of the property.<\/p>\n<p>Located at 2916 N. Miami Ave., the\u00a0building will rise at the \u2018Main &amp; Main\u2019 intersection of North Miami and NW 29<sup>th<\/sup> Street. The site is bordered by the Wynwood Arts District, Midtown Miami, Edgewater and the Miami Design District. Designed by Kobi Karp Architecture, the project will feature floor-to-ceiling glass windows, floor plates ranging from 24,700 to 28,900 square feet, and five floors of on-site covered parking. Further amenities will include a private rooftop terrace, 24-hour security, and 25,000 square feet of street-level retail space.<\/p>\n<h2>Demand on the rise<\/h2>\n<p>Colliers Executive Vice President Stephen Rutchik is spearheading leasing efforts on behalf of the owner. The Gateway at Wynwood development project comes amidst growing demand for office space in the Wynwood submarket. According to Colliers, the area has seen average office rents rise from $22.70 to more than $40.00 per square foot, as vacancy rates have fallen to 6.7 percent over the past five years.<\/p>\n<p><em>\u201cAs Miami becomes more urban and new commercial districts emerge, office users of all sizes are seeking out space in well-located neighborhoods with a strong quality of life offerings, like Wynwood and Midtown,\u201d<\/em> Rutchik explained in a prepared statement.<\/p>\n<p><em>\u201cOur team is confident in the Miami market and we\u2019ve encountered significant preleasing demand among tenants eyeing a move into Wynwood, who view our building as the only option for true Class A users, leading us to begin development \u2018on spec&#8217;,\u201d <\/em>added Aron Rosenberg, chairman of R&amp;B Realty.<\/p>\n<p>In addition to providing commuters easy access to South Florida\u2019s major north-south highways, The Gateway at Wynwood is situated minutes from Miami International Airport and\u00a0<a href=\"https:\/\/www.commercialsearch.com\/news\/developer-introduces-first-miamicentral-tower\/\">Brightline\u2019s Miami Central rail terminal<\/a>. The rail service began commuting passengers between West Palm Beach and Fort Lauderdale on January 13.<\/p>\n<p><em>Rendering courtesy of R&amp;B Realty<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The developer plans to break ground on The Gateway at Wynwood in the next 90 days, and has retained Colliers\u2019 Stephen Rutchik to spearhead leasing efforts at the property.<\/p>\n","protected":false},"author":240,"featured_media":1004207175,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21782,1492,21742,21747],"tags":[38603,32763,39123,39122,39294],"class_list":["post-1004207173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-development","category-miami","category-latest","category-office","tag-brightline","tag-colliers-international","tag-kobi-karp-architecture-interior-design","tag-stephen-rutchik","tag-wynwood-art-district"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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